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Tech Company Fivetran Expands at Denver’s STEAM on the Platte

Denver, CO (09/04/2019)

11:00 AM

Newmark Knight Frank ("NKF") announces expansion plans for Oakland-based Fivetran, Inc. Josh Pons, Matt Davidson, and Andrew Blaustein represented the fast-growing tech company in the lease transaction for 16,000 square feet at STEAM on the Platte, office building at 1401 Zuni Street in Denver. With a new, dynamic central location, Fivetran expects to grow its current Denver team from 40 employees to over 150 in the next three years.

Fivetran was founded by George Fraser and Taylor Brown in 2013 out of Y Combinator when the lifelong friends realized they could build a business information tool to streamline and accelerate analytics projects. Shaped by the real-world needs of data analysts, Fivetran technology supports agile analytics, enabling data-backed decisions across organizations. Headquartered in Oakland, California, Fivetran has satellite offices around the world including Denver, Bengaluru and Dublin.

"We identified Denver as a great place to expand into because it's in a very central place in the country, making it easy to do business. The people are really friendly, and there's this ‘work hard, but enjoy life' atmosphere here, all of which is hyper important for our culture as we continue to grow" - Taylor Brown, COO of Fivetran

Fivetran reinvents data pipelines, allowing companies to effortlessly replicate their business data into cloud warehouses of their choice, enabling better real-time analytics. Data pipelines by Fivetran complement a wide range of data sources, data warehouses and business intelligence tools. Google recently partnered with Fivetran to create a new Data Transfer Service for its BigQuery data analytics platform.

"STEAM on the Platte offers an optimal environment for a rapidly expanding tech company like Fivetran," noted Josh Pons, NKF Associate Director, who added that the newly developed 65,000-square-foot mixed-use community offers bold, creative office space combined with unique restaurant and retail options and a central location with easy access to light rail, Auraria Campus, Broncos Stadium at Mile High and downtown Denver. "STEAM seamlessly combines its industrial warehouse roots with its situation fronting the Platte River to create incubator space that spurs innovation, energy and collaboration." STEAM on the Platte was represented by Hayden Hirschfeld and Dorit Fischer with NAI Shames Makovsky

Fivetran moved into its new space in August and will be featured in Denver Startup Week's - Startup Cribs in September 2019, a celebration for Denver's booming "entrepreneurial ecosystem". Startup Cribs will showcase Fivetran's unique office by exposing insight on space, location, culture, and why it matters.

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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