Newmark Announces New San Jose Office at One Santana West

Property image courtesy of Federal Realty

October 8, 2025 9:00 AM

Newmark announces the relocation of its San Jose office to Santana West, a premier 370,000-square-foot Class A office tower in the heart of Silicon Valley. The Company has signed a lease for 9,751 square feet, and plans to move in early 2026, after vacating its current Santana Row location.

Newmark Executive Managing Directors Tracey Solari and Todd Shaffer are the leasing agents at Santana West, representing the landlord, Federal Realty Investment Trust.

“We were deliberate in choosing a space that propels the next chapter of our business in San Jose,” said Jon Mackey, Executive Managing Director, Market Leader. “Our new office enables deeper collaboration, a stronger culture and the kind of work environment that helps us attract and retain the best talent in Silicon Valley.”

Newmark’s new San Jose office at Santana West will provide its growing team with modern workspaces featuring exposed concrete design, 13-foot clear ceiling heights and abundant natural light. The property offers access to a suite of amenities including a state-of-the-art fitness center, full-service café, golf simulator, conference center and outdoor pickle ball courts. Santana West stands as the most active multi-tenant building in Silicon Valley for leasing. With Newmark now occupying space, the building is 89% leased.

Mackey continued, “We’ve called Santana Row home for several years and, after consulting with our team, we all agreed this is where we wanted to stay. The move to Santana West enables us to continue to be part of the Santana Row community, but in a new, purpose-built space that is aligned with the way we want to work.”

San Jose is undergoing a wave of workplace transformation, with companies investing in high-quality, amenity-rich offices to attract and retain talent, support health and wellness, and elevate employee well-being, according to Newmark’s Workplace Strategy & Human Experience group. From flexible layouts to health-conscious design, these upgrades are driving measurable gains in engagement, productivity and culture.

“San Jose’s office market is seeing strong demand for top-tier, amenitized spaces like Santana West, which combines modern design with unparalleled convenience,” said Solari. “This building in particular has set a new standard for Silicon Valley, attracting forward-thinking companies that prioritize employee experience and long-term growth.”

“We’re excited to welcome Newmark to One Santana West,” said Jan Sweetnam, Executive Vice President-Chief Investment Officer of Federal Realty, developer of Santana West. “Santana West is ideal for companies seeking a modern and efficient workspace encouraging employee collaboration and offering the deepest set of amenities available. Santana West delivers on every reason to want to come into the office.”

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 June 30, 2025, Newmark generated revenues of over $2.9 billion. As of June 30, 2025, Newmark and its business partners together operated from 165 offices with over 8,400 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.