Newmark : Arranges Sale of 230,000-Square-Foot Office Tower in Richardson, Texas

About this update from Newmark Group, Inc.

July 8, 2026 9:00 AM Newmark announces the Company has arranged the sale of Tower 2600, a 229,307-square-foot, Class A office building in Richardson, Texas. The asset traded for an undisclosed amount. Newmark Vice Chairmen Gary Carr , Robert Hill and Chris Murphy and Director Austin Sheahan represented the seller, Development Ventures Group. The buyer was Harkinson Investment Group. Located at 2600 N. Central Expressway in the heart of Richardson's Technology Corridor, Tower 2600 is a nine-story office tower that is 92% leased. The property offers highly efficient floor plates averaging approximately 26,700 square feet and features a full suite of tenant amenities, including a conference center, fitness center, tenant lounge and grab-and-go food service. "Tower 2600 presented investors with a compelling opportunity to acquire a high-quality, institutional-grade asset with durable in-place cash flow and future upside," said Carr. "The property's strong occupancy, long-term tenancy and position within one of North Texas' most dynamic employment centers drove significant interest from investors." The property is anchored by a diverse roster of tenants and is strategically located within one of the Dallas-Fort Worth Metroplex's largest employment hubs, supporting more than 130,000 jobs and over 25 million square feet of office space. The area is home to major corporate users including AT&T, State Farm, GEICO and Texas Instruments, and benefits from access to a highly skilled labor pool of approximately 1.9 million workers within a 30-minute commute. "Richardson's Technology Corridor continues to attract a diverse mix of companies, reinforcing long-term demand for well-located, high-quality office product," added Murphy. "Tower 2600 is well positioned to capture that demand given its accessibility, amenities and competitive cost basis." 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.

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