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NKF Named Exclusive Leasing Agent for Brookfield’s New Development 444 Warren Street at Hudson Exchange in Jersey City

Rutherford, NJ (05/16/2019)

2:00 PM

Newmark Knight Frank (NKF), announced that it has been named the exclusive retail leasing agent for 444 Warren at Hudson Exchange-phase two of Brookfield Properties' new six-block, 18-acre mixed-use development in Jersey City's Hudson Exchange neighborhood.

The NKF leasing team of Senior Managing Director Glenn Beyer, Managing Director Jerry Rockoff and Associate Director Robert Mackowski are marketing the opportunity at 444 Warren on behalf of the landlord, Brookfield Properties.

The property offers three available spaces- a 5,838-square-foot space that has the potential to be divided, a 2,241-square-foot space and a fully built-out 1,010-square-foot café space.

Located at the base of a 432-unit residential tower- with more residential developments coming available in the future, this is an ideal location for a restaurant or retailer to make its mark on this growing neighborhood two blocks from the Hudson Riverfront. Once the project is complete, accessibility to transportation to and from Manhattan along with retail amenities and affordable housing will make this project eye-catching to anyone.

"The growth in residential developments in the surrounding areas of Jersey City make the opportunity ideal for a chef-driven restaurant or fast-casual spot to join the booming Hudson Exchange neighborhood," explained Mackowski. "Hudson Exchange is minutes from Manhattan via PATH or Ferry and truly has become a live, work, play neighborhood".

A new restaurant would be in good company with established neighbors that include Ruth's Chris Steakhouse, Bed Bath & Beyond, Shop Rite, Chipotle Mexican Grill, European Wax Center, Massage Envy, Departed Soles, Asana Soul, Vita Athletics, Cool Vines and the Newport Mall.

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.

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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.