Newmark : Arranges $113.5 Million Sale of Two Luxury Retail Assets on Newbury Street in Boston, MA

About this update from Newmark Group, Inc.

April 27, 2026 9:00 AM Newmark announces the Company has arranged the $113.5 million sale of 4-6 and 28 Newbury Street, two luxury retail assets located in Boston, Massachusetts. The assets, which are respectively occupied by Chanel and Cartier, traded from ASG Equities to a joint venture between Acadia Realty Trust and Osiris Ventures. A Newmark team led by Co-Head of U.S. Capital Markets Robert Griffin , along with Vice Chairman Geoffrey Millerd and Paul Penman , represented the seller and procured the buyer. "4-6 and 28 Newbury Street reflect the epitome of ultra-luxury 'High Street' retail," said Penman. "The assets are home to custom-designed flagships for timeless luxury brands and benefit from exceptional positioning along the coveted first block of Boston's iconic Newbury Street corridor." 4-6 Newbury Street is home to the only flagship Chanel boutique in Boston, totaling 10,328 square feet across a two-story retail condominium. 28 Newbury Street is home to the only Cartier boutique in New England, totaling 18,942 square feet across the entirety of the four-story building. Newmark Executive Vice Chairman and Head of International Capital Markets Alex Foshay and Associate Victoria Radman provided additional support for the transaction. Newmark Senior Financial Analyst Casey O'Brien and Financial Analyst Christian Reenstierna provided financial analysis support for the transaction. 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 December 31, 2025, Newmark generated revenues of nearly $3.3 billion. As of December 31, 2025, Newmark and its business partners together operated from approximately 175 offices with over 9,300 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.

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