Newmark Knight Frank Retained to Lease 15 Kings Grant Drive

New Headquarters Opportunity in Bala Cynwyd, PA

Wayne, PA (August 18, 2020) — Newmark Knight Frank (NKF) has been exclusively retained to market for lease 15 Kings Grant Drive. The three-story, 57,000-square-foot office building, which comprises a newly renovated large block of space, is located in the heart of Bala Cynwyd, Pennsylvania. NKF Executive Managing Director Jeff Mack and Managing Director Patrick Nowlan are marketing the new building for lease.

15 Kings Grant Drive has recently undergone a complete renovation with a budget of approximately $15 million, including all new windows, doors, HVAC system, electrical and mechanical upgrades, landscaping and a new parking structure. Additionally, the interior space provides high-end construction finishes throughout. The building can accommodate tenants seeking a minimum of 18,000 square feet or the entire 57,000-square-foot building and is move-in ready. It is ideally suited as a Class A corporate headquarters with excellent access to City Line Avenue (Route 1) and is just minutes from the Schuylkill Expressway (I-76). The property is also within walking distance to numerous retailers including Panera, Chick-fil-A, Outback Steakhouse and Corner Bakery.

“We are very excited about the opportunity to list this corporate headquarters opportunity in the heart of Bala Cynwyd. Given its ideal location, we expect to attract interest from both center city and suburban Philadelphia corporate office tenants,” said NKF’s Patrick Nowlan of the assignment.

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 18,000 professionals operate from approximately 480 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 Statements in this document regarding Newmark 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 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’s Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.

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