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Newmark Knight Frank Selected as Exclusive Office Leasing Agent for Prosperity Metro

McLean, VA (05/13/2019)

8:30 AM

Newmark Knight Frank (NKF) announced that it has been selected by The RMR Group LLC and Coakley Prosperity of Virginia LLC as the exclusive leasing agent for Prosperity Metro, located in Merrifield, Virginia. The property is managed by The RMR Group, an alternative asset management firm with approximately $29.7 billion of assets under management, including more than 1,500 properties, as of December 31, 2018. NKF Executive Managing Director Andy Klaff, Managing Director Jeff Tarae and Associate Dominic Orcino will handle office leasing of the buildings.

Prosperity Metro, located 2677 Prosperity Avenue, is within steps of the Dunn Loring-Merrifield Metro station and numerous dining and retail destinations. The 320,000-square-foot property has tremendous signage opportunities, visible to the more than 200,000 cars passing along I-66 daily.

"Prosperity Metro provides a unique opportunity for companies that are looking for metro access, visibility and walkable amenities at a considerable savings compared to the Tysons and Ballston submarkets," said Klaff.

About Newmark Knight Frank
Newmark Knight Frank ("NKF"), operated by Newmark Group, Inc. ("Newmark Group") (NASDAQ: NMRK), is one of the world's leading and most trusted commercial real estate advisory firms, offering a complete suite of services and products for both owners and occupiers. Together with London-based partner Knight Frank and independently-owned offices, NKF's 16,000 professionals operate from approximately 430 offices on six continents. NKF's investor/owner services and products include investment sales, agency leasing, property management, valuation and advisory, diligence, underwriting, government-sponsored enterprise lending, loan servicing, debt and structured finance and loan sales. Occupier services and products include tenant representation, real estate management technology systems, workplace and occupancy strategy, global corporate services consulting, project management, lease administration and facilities management. For further information, visit www.ngkf.com.

Discussion of Forward-Looking Statements about Newmark Group
Statements in this document regarding Newmark Group that are not historical facts are "forward-looking statements" that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. Except as required by law, Newmark Group undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Newmark Group's Securities and Exchange Commission filings, including, but not limited to, any updates to such risk factors contained in subsequent Forms 10-K, 10-Q, or Forms 8-K.

For Media Inquiries Contact:
Deb Bergman
Vice President PR and Communications
Newmark Knight Frank
T 303.260.4307