Newmark Phoenix Realty Group began in 1993 as Phoenix Realty Group, founded by Ladson Montgomery and Jim Sebesta. Over time, the company expanded from a small brokerage into a commercial real estate firm serving Northeast Florida and Southeast Georgia. Newmark Phoenix Realty Group provides office, industrial, retail, and investment brokerage services, along with property management, consulting, leasing, sales, and capital markets support. The company works with businesses, landlords, developers, and investors on real estate strategies that support acquisition, disposition, and long-term portfolio planning.