March 16, 2026 9:00 AM
Newmark announces the Company has arranged the sale of 360 Hamilton Avenue, an approximately 392,000-square-foot office property located in downtown White Plains, New York. The asset was acquired by TKF Burnside Real Estate Partners.
Executive Managing Directors Kevin Welsh, Charles Han, Brian Schulz and Analyst Doug Woolley advised represented the seller in the transaction, while Vice Chairman Christopher Kramer and Director Tim Polglase arranged acquisition financing on behalf of the buyer. Executive Managing Director Greg Frisoli serves as leasing advisor for the property
“360 Hamilton Avenue is one of the largest institutional office assets in Westchester County,” said Welsh. “The transaction reflects continued investor interest in well-located office properties in transit-oriented suburban markets.”
Located in the White Plains central business district, 360 Hamilton Avenue totals approximately 392,000 rentable square feet and is leased to a roster of tenants including Bank of America, Merrill Lynch, Skadden and Heineken USA. The property is situated near the White Plains Transportation Center, providing commuter rail access to Grand Central Terminal, and is surrounded by the retail, dining and residential offerings of the White Plains downtown district.
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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Newmark Arranges Sale and Acquisition Financing of 360 Hamilton Avenue in White Plains, New York
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