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Newmark Knight Frank Named Exclusive Leasing Agent to Market Four Retail Centers Throughout Chicagoland

Chicago, IL (09/23/2019)

10:00 AM

Newmark Knight Frank (NKF) is pleased to announce that Tabani Group has appointed NKF as the exclusive leasing agent for four of its prominent retail centers throughout Chicagoland. NKF's Senior Managing Directors James Schutter and Terry Alexa, along with Managing Director Larry Kling, Director Luke Sementa and Associate John Fiori, will lead the brokerage team assigned to lease the retail spaces at Renaissance Place, The Glen Town Center, Town Center Promenade and Home Depot Center. Together, the new assignments total over 500,000 square feet of retail space.

"We are thrilled to be marketing these four outstanding retail centers," said Schutter. "The retail and mixed-use centers each include a well-diversified mix of highly recognizable tenants, entertainment, and an abundance of parking; which make them perfectly positioned to attract national and local brands."

Located on Green Bay Road in Highland Park, Illinois, Renaissance Place features retail, entertainment, 30 luxury residential apartments, three levels of 100 percent occupied office space and 519 parking spaces between street level and underground. Notable tenants include Pottery Barn, Burn Boot Camp, Starbucks, Club Pilates, Chipotle and Landmark Theatres. NKF will market three available retail spaces - 900 square feet, 2,900 square feet and 4,847 square feet - within Renaissance Place.

NKF will also begin marketing the retail spaces at The Glen Town Center ("The Glen"), located in Glenview, Illinois. Anchored by ArcLight Cinemas, Von Maur, Dick's Sporting Goods, Starbucks, Yard House and Jos. A. Bank, The Glen offers a mix of national and local full-service and quick-service restaurants, entertainment and fashion, fitness and personal service retailers. The site also features valet parking and more than 1,700 public parking spaces. The NKF team will market the available retail spaces, which range from 720 to 20,000 square feet.

In addition, NKF was selected as the exclusive leasing agent for Town Center Promenade. Located on Rand and Long Grove Roads in Deer Park, Illinois, the highly visible retail corridor includes tenants such as Crate & Barrel, Whole Foods, Apple, Dick's Sporting Goods and Jamba Juice. Immediate availabilities include a 4,168-square-foot space and a 3,438-square-foot former restaurant space.

Lastly, NKF is the exclusive leasing agent for Home Depot Center in Orland Park, Illinois. Current retailers of the 149,326-square-foot center include Home Depot, JC Light, Oberweis and Five Guys. Located at the intersection of Harlem Avenue and 159th Street, Home Depot Center features a signalized entrance along with two additional curb cuts. Area retailers include Meijer, Aldi, Hobby Lobby, Sam's Club and more. NKF has begun marketing three available spaces, 410 square feet, 5,730 square feet and 5,843 square feet.

About Tabani Group
Tabani Group is a full-service commercial real estate company with a portfolio of over $1 billion and 10 million square feet of commercial, hotel and residential real estate nationwide. Tabani Group's performance and transactional expertise is built upon a reputation for creativity, judgement, timeliness and integrity.

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.