Newmark to Relocate Washington, DC Office to 1050 17th Street NW, a Trophy Office Property in the CBD

May 18, 2026 9:00 AM

Newmark announces the Company will relocate its Washington, DC office to Hines' 1050 17th Street NW, a premier office building located in the city's Central Business District. The Company has leased a full floor at the property, with occupancy expected in Q4 of this year, where it plans to introduce an amenity-rich workspace designed to enhance collaboration, productivity and support the continued growth of its Mid-Atlantic office.

"High-quality workplaces play an important role in empowering, retaining and attracting top talent, said Luis Alvarado, Chief Operating Officer. "Our new Washington, DC office reflects our commitment to providing environments where our professionals can do their best work - spaces that foster collaboration, support growth and deliver an exceptional experience for both employees and clients."

The building features light-filled spaces and efficient floor plates, complemented by a curated amenity package including destination-dispatch elevators, a design-forward lobby featuring a living green wall, a conference center, fitness center and secure bike storage. The property also provides immediate access to the city's top dining, hospitality and retail destinations, strong connectivity to public transportation across the Washington metropolitan area and walkable proximity to the White House and the Treasury.

"We were deliberate in selecting a space that reflects our long-term commitment to the DC market and aligns us with high-quality institutional ownership," said Allison DiGiovanni, Executive Vice President and Mid-Atlantic Market Leader. "This move positions us within one of Washington, DC's premier office environments and aligns with our long-term strategy of investing in locations that support our clients and drive business growth in the region."

Washington, DC continues to see a flight to quality, with tenant demand increasingly concentrated in premier, highly amenitized buildings across core locations. According to Newmark Research, this trend remains focused on top-tier assets that offer both experiential workplace environments and long-term flexibility.

About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries ("Newmark"), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark's comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform's global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the twelve months ended March 31, 2026, Newmark generated revenues of more than $3.4 billion. As of March 31, 2026, Newmark and its business partners together operated from over 185 offices with more than 9,600 professionals across four continents. To learn more, visit nmrk.com or follow @newmark.

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. These include statements about the Company's business, results, financial position, liquidity, and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. 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.