About
Our Experienced Ohio-Based Commercial Real Estate Team
With over 35 years of combined experience, Terry and his team of Cleveland and Columbus real estate brokers consistently rank among Newmark’s top industrial producers nationwide. The Coyne team works to exceed your expectations during every step of the process.
Terry Coyne
Vice Chairman
Terry Coyne is a Vice Chairman in the Cleveland office of commercial real estate services firm, Newmark. He is an established commercial real estate broker specializing in large, complex, industrial and investment properties in northern Ohio. While he relies on the latest data, trends and forecasts to inform his work, his passion is people. Terry values his strong professional network and serves as a reliable resource to clients and peers.
His commitment to the greater Cleveland area is evidenced in the variety of deals he has completed, as well as his civic engagement. Terry is applying his successful model based on expertise, partnership and persistence to grow into new markets in Columbus, Toledo and Dayton.
In the last 5 years alone, Terry and his team have brokered 250 transactions valued at more than $1.2 billion. Terry is consistently rated one of the top producers for Newmark and has been recognized by industry associations and leaders.
During his 25-plus-year career, Terry has successfully negotiated more than 2,000 transactions totaling over $5 billion in total consideration value.
Partial List of Lease Transactions
As a tenant representative:
I-X Center, 6200 Riverside Drive, Cleveland, Ohio, GOJO Industries (Purell®):
765,281 SF
10345 Philipp Parkway, Streetsboro, Ohio, L'Oreal USA Inc.: 649,250 SF
1200 S. Chillicothe Road, Twinsburg, Ohio, McMaster-Carr Supply Company: 409,495 SF
As a landlord representative:
Three (3) Spec Buildings, Cornerstone Business Park, Twinsburg, Ohio, Scannell Properties: 762,000 SF
1250 George Road, Ashland, Ohio, Ashland Distribution Center, LLC: 602,378 SF
1147 Akron Road, Wooster, Ohio, InSite Wooster, LLC: 347,522 SF
Partial List of Sale Transactions
Representing seller:
12850 and 13000 Darice Parkway, Strongsville, Ohio: AIC Ventures sold to VEREIT ID Strongsville OH, LLC, $37.9 million
30339 Diamond Parkway, Glenwillow, Ohio: Diamond Center One Weston, LLC sold to Plymouth 30339 Diamond Parkway LLC, $27 million
10345 Philipp Parkway, Streetsboro, Ohio: Geis Companies sold to Lexington Realty Trust, $28.88 million
Representing buyer:
4676 Erie Avenue, Navarre, Ohio: GOJO Industries (Purell®) acquired from Prophecy Massillon, LLC, $32 million
925 Euclid Avenue, Cleveland, Ohio: Hudson Holdings, LLC acquired from Optima 925 LLC, $22 million
5700 Lee Road, South, Maple Heights, OH: GOJO Industries (Purell®) acquired from PZ05 Maple Heights OH LLC, $11.36 million
Partial Client List
GOJO Industries (Purell®)
Rugby Realty
Scannell Properties
STAG Industrial
Thompson Hine
Professional Achievements
Top Producer, Newmark Knight Frank Cleveland office, 2002 – present
Top Producing Industrial Broker, Newmark Knight Frank, 2013, 2014, 2016, 2017, and 2020
Top 20 Broker Nationwide, Newmark Knight Frank, 2014-2020
Top 50 Broker Nationwide, Newmark Knight Frank, 2013
Multiple award winner, Broker of the Year, Industrial Transaction of the Year, Investment Broker of the Year, NAIOP
Professional Affiliations
Member, Industrial Leadership Council, Newmark Knight Frank
Member, Society of Industrial and Office Realtors (SIOR)
Certified Commercial Investment Member (CCIM)
Leadership Cleveland Class of 2006
Personal Affiliations
Board Member, Rock and Roll Hall of Fame Museum
Board Member, Village Capital Corporation
Board Member, Innovate Ohio
Board Member, Flats Forward
Real Estate Committee, Greater Cleveland Food Bank
Board Member, Seeds of Literacy
Past Board Member, Magnificat High School
Past Board Member, John D. Oil & Gas (JDOG)
Past Board Member, Energy West (EWST)
Education
Terry graduated from the University of Chicago, where he earned a Master’s Degree. He also earned a Bachelor of Arts in Political Science from the University of Notre Dame and has additional credit hours from St. Catherine’s College, Oxford University.
Contact Terry
Derek Lichtfuss
Director
Derek Lichtfuss serves as a Director in Newmark's Columbus, Ohio office, where he has focused primarily on Industrial and Office Sales & Leasing. In his four years at Newmark, Derek has completed over 100 transactions, with total square footage in excess of 2,000,000. Derek has transacted in office and industrial deals ranging from 2,000 to 220,000 SF. Derek has been selected as a ‘Rising Star’ nationally at Newmark in each of the past 3 years and was awarded the Columbus Board of Realtor’s Rookie of the Year in 2017. Additionally, Derek has his Master’s in Real Estate Finance & Development from Georgetown University. Derek is a ULI member and 2019 Chair of the Columbus Board of Realtors Commercial Recognition Committee.
Prior to his career in commercial real estate, Derek worked in various roles across multiple industries including banking, IT services and business intelligence consulting. Positions held include sales, recruitment, project management, and management. His experience across a wide array of business ventures led him to pursuing a career in commercial real estate. Derek enjoys assisting in the critical decision-making that affects the way businesses operate and grow.
Derek relocated to Columbus, OH from Denver, CO in 2015. He is a 2011 graduate of the University of Vermont, where he earned a Bachelor of Arts degree in political science, with minors in both business administration and recreation management. He was a 4-year member of the Varsity Lacrosse team at UVM. In addition to his professional life, Derek serves as the Head Boys Lacrosse Coach for Columbus Academy, in Gahanna, OH. Derek resides in New Albany, OH with his wife and sons.
Contact Derek
Claire Coyne
Director
Claire Coyne is a Director in the Cleveland office of commercial real estate services firm, Newmark. With past experience ranging from IT systems audits for financial services, insurance, manufacturing and health services clients to experience in supply chain operations, she previously worked at Newmark’s Research office as a market research intern.
Prior to joining Newmark full time, Claire served as a technology assurance associate for the Cleveland office of KPMG, a global audit, tax and advisory services firm, as well as a supply chain operations intern for BoxCast, an end-to-end streaming platform provider and technology company.
Claire works on the northern Ohio office and industrial investment and leasing team led by Newmark Vice Chairman Terry Coyne. Her specialties are data analytics, financial services and client engagement. In addition, Claire’s data analysis and client relations skills help provide solid business development expertise to the team.
Claire attended the Farmer School of Business at Miami University in Oxford, Ohio where she earned dual Bachelor of Science degrees in Supply Chain Operations and Management and Information Systems and Analytics
Contact Claire
Our Full Team
Ann Davis
Director, Client Services
Louis Murrell
Senior Graphic Designer
Joe Royer
Transaction Services Coordinator
Simon Kroos
Associate
Matt Orgovan
Research and Marketing Manager
Coryn Simmons
Marketing Manager
Your Northeast and Central Ohio Commercial Real Estate Brokers
If you’re looking for a Cleveland or Columbus area commercial real estate broker with an extensive network and local knowledge, Terry and his experienced team will go to work for you. Check out our case studies to learn more about challenges we’ve overcome for our clients and their testimonials.
Explore our current commercial property listings available to lease or buy. If you don't see the property for you, contact us directly and we’ll help you find the perfect establishment for your business.