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NKF Awarded Leasing and Property Management Responsibilities at 1750 New York Avenue, NW

Capital Improvements Planned for United Unions Building

Washington, DC (09/13/2019)

9:00 AM

Newmark Knight Frank (NKF) announced it has been awarded the leasing and property management assignments at 1750 New York Avenue, NW, in Washington, DC. The United Unions Building has been occupied and managed by United Unions, Inc. which selected NKF.

Leveraging NKF's multiple service lines, the management and leasing teams, led by Dan Orcutt and Brendan Owen, will upgrade the property's appearance, enhance market awareness, increase operational efficiencies, create cost savings and improve customer service levels.

"Our institutional-level operational and management platform in conjunction with a specialized leasing and marketing plan will increase the value of the property and bolster the building's position in the market," said Orcutt.

Situated on New York Avenue at the corner of 18th and E Streets, NW, 1750 New York offers unobstructed rooftop views of Rawlins Park, the Ellipse and Washington Monument.

"A tenant roster as robust as the one that exists at 1750 deserves a building that reflects the prestige of its occupants," said Owen. "We're excited to help bring that to life."

Offering uniquely wide setbacks from street traffic, the building's location directly on 18th Street, NW offers commuters easy access to and from I-66, making it one of DC's most accessible workspaces for those commuting by car. Tenants are less than a 10-minute walk from the Orange, Blue and Silver lines at the Farragut West Metro station, there is a WMATA Bus stop at the corner of 18th and E Streets and a Capital Bikeshare dock at 19th and E Streets.

Chairman, Metropolitan Asset Services Brendan Owen, Director Suzanne White, Associates Morgan Monroe and Max Planning and Marketing Director Alicia Karr are marketing the space for leasing. Director of Management Services Dan Orcutt and General Manager Ladd Keegan will oversee management of the property.

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
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