Newmark began in 1929 when Dave Newmark established it in Manhattan. Originally a brokerage, it expanded into property management under Aaron Gural's leadership in the 1950s. The company grew through strategic acquisitions and market expansion throughout the late 20th century. Today, Newmark operates as a full-service commercial real estate advisor with divisions spanning tenant representation, capital markets, and facilities management. The firm maintains a significant international presence with offices across multiple continents. Newmark serves diverse clients including corporations, investors, and developers through integrated service offerings.