Newmark continues following one tradition from the high-tech world by developing software, most likely originally for internal use, and then making it available to customers for additional revenue streams.

It recently announced a new product called Newlitic that “integrates enterprises’ real estate portfolio information into one single platform,” according to a press release. “Newlitic offers capabilities for multiple management reporting needs—including occupancy utilization, portfolio and lease administration, transaction management, capital projects and facilities management —through customizable web dashboards.”

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Erik Sherman

GlobeSt

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