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Karsun Solutions Takes Approximately 50,000 SF at 12825 Worldgate Drive

IT modernization company recently named a Fantastic 50 by the Virginia Chamber of Commerce

McLean, VA (06/06/2019)

8:00 AM

Newmark Knight Frank announces that Karsun Solutions, an IT modernization firm delivering a portfolio of services to its federal and commercial customers, is moving to 12825 Worldgate Drive taking approximately 50,000 square feet. The firm was recently recognized as one of the Fantastic 50, an annual ranking of the fastest growing companies in Virginia by the Virginia Chamber of Commerce.

Senior Managing Director Chethan Rao, Executive Managing Director Junius Tillery, Executive Managing Director Brian Liss and Managing Director Andrew Roberts of NKF's Tysons Tenant Representation team represented Karsun Solutions in the transaction.

"The NKF team took the time to truly understand the core requirements and long-term strategy of our quickly expanding organization and developed a real estate plan to meet our needs today and in the future," said Sundar Vaidyanathan of Karsun Solutions. "They kept an eye on employee amenities and access to the Metro so that we can retain and attract the talent we need to respond effectively to the evolving demands of our industry today and in the future."

In early April, Karsun Solutions announced it had been awarded an $80 million Federal Emergency Management Agency (FEMA) Grants Management Modernization (GMM) Program Agile development contract. In March KHS, a Karsun Solutions/Mindcubed Mentor Protégé, announced they were selected for the SEC One IT contract vehicle. In addition to the firm's recent contract wins, Karsun Solutions' fast expansion earned the firm a spot on Inc. 5000 four years in a row. The firm currently has over 100 open positions ranging from Project Management to DevOps, Data and Security Engineers.

"As a result of a few large contract wins, Karsun Solutions has rapidly grown in the past few years in various office suites across a number of buildings," said NKF's Rao. "This new space gives the firm a headquarters and an opportunity to brand the look, feel and operation of the office. Karsun will also have prominent identity on the Toll Road as well as be within walking distance of the Silver Line's Herndon Metro station."

12825 Worldgate Drive is part of the four-building Worldgate Metro Plaza and is currently undergoing renovations that will include a contemporary bright and open lobby, a tenant wifi lounge with food service and a state-of-the-art conference center. Upgrades also include a modern fitness center with bike lockers, gaming space and a yoga room that opens to an outdoor fitness area. The location along the Dulles Toll Road offers prominent sign visibility.

About Karsun Solutions
Karsun Solutions is a premier IT modernization firm delivering a portfolio of services to its federal and commercial customers. Its core enterprise modernization competencies include Modern Software Development, Cloud Solutions, and Advanced Analytics. Our Karsun Innovation Center forges partnerships with industry experts then prototypes solutions using emerging technology. Our GoLean® framework combines Agile, Lean, Kanban and DevOps practices throughout the software development lifecycle. The GoLean.io Software-as-a-Service provides a lean management tool-kit combining the best of these practices. Beginning in 2015, Karsun Solutions has ranked yearly among the Inc. 5000 Fastest Growing U.S. Companies. Karsun Solutions' quality, development, and information security practices include CMMI Level 5, ISO 9001:2015, IS 20000:2011 and ISO 27001:2013 certifications.

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.

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Deb Bergman
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Newmark Knight Frank
T 303.260.4307