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 Knight Frank. 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 Knight Frank and has been recognized by industry associations and leaders.
During his 25-plus-year career, Terry has successfully negotiated more than 1,000 transactions totaling over $2 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, 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, Mr. Lichtfuss has completed over 100 transactions, with total square footage in excess of 2,000,000. Mr. Lichtfuss has transacted in office and industrial deals ranging from 2,000 to 220,000 SF. Prior to his career in commercial real estate, Mr. Lichtfuss worked in various roles across multiple industries including banking, IT services and business intelligence consulting. Positions held include sales, recruitment, project management, and management.
Accomplishments
Columbus Board of Realtor’s Rookie of the Year, 2017
Rising Star, NGKF, 2017 - 2019
Master's Degree, Real Estate Finance & Development 2020
Community Involvement
Commercial Recognition Committee Chair, Columbus Board of Realtors
Member, ULI
Head Boys Lacrosse Coach, Columbus Academy
Contact Derek
Our Full Team
Ann Davis
Business Development Manager
Matt Orgovan
Research and Marketing Manager
Janine McIlveen
Senior Administrative Assistant
Louis Murrell
Senior Graphic Designer
Chris Dukich
Research Coordinator
Joe Royer
Research Coordinator
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 aren’t seeing the property for you, contact us directly and we’ll help you find the perfect establishment for your business.