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 thousands of 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, Seeds of Literacy 

Past Board Member, Magnificat High School 

Past Board Member, John D. Oil & Gas (JDOG) 

Past Board Member, Energy West (EWST) 



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

216-453-3001  •  tcoyne@ngkf.com 


Derek Lichtfuss


Derek Lichtfuss


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.


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

614-500-3976  •  derek.lichtfuss@ngkf.com 


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.