Home AEC Newmark & Saint-Gobain Form Operations Partnership for 38MM SQFT North American Portfolio

Newmark & Saint-Gobain Form Operations Partnership for 38MM SQFT North American Portfolio

Newmark, Saint-Gobain
Photo by Tapio Haaja on Unsplash

Newmark announces that Global Corporate Services (GCS) has been awarded a long-term contract with Saint-Gobain, the worldwide leader in light and sustainable construction, to support operations on behalf of its North American affiliates.

This engagement—which includes real estate strategy, transaction management, lease administration and project management—will cover a portfolio of 38 million square feet of office, distribution and manufacturing space.

“Securing a new multi-service contract with Saint-Gobain demonstrates our commitment to providing clients strategic value. Through great partnership, strategy and implementation, GCS will help Saint-Gobain lower occupancy costs, increase efficiency and optimize the utilization of their real estate portfolio,” said Rick Bertasi, Newmark GCS Chief Executive Officer.

“Saint-Gobain was looking for a thought leader and strategic real estate partner, extending beyond a transactional relationship,” said Gus Poulopoulos, Newmark GCS Executive Managing Director. “Newmark’s integrated global platform that provides seamless beginning-to-end corporate services solutions and the trust built throughout the request for proposal process were key factors in Saint-Gobain’s decision-making process.”

Newmark GCS supports Saint-Gobain’s commitment to building a more sustainable and inclusive industry. “At Saint-Gobain, Corporate Social Responsibility and our purpose of ‘making the world a better home’ is at the heart of our value creation model. Our partnership with Newmark GCS is based on a shared belief in fostering a diverse and inclusive environment while minimizing the carbon footprint,” said Bob Panaro, Senior Vice President and Chief Operating Officer at Saint-Gobain.

Newmark Executive Managing Director Craig Scheuerle referred the GCS team for the Saint-Gobain contract.

About Saint-Gobain
Saint-Gobain designs, manufactures, and distributes materials and solutions for the construction, mobility, and industrial markets. Developed through a continuous innovation process, our integrated solutions provide sustainability and performance in daily life, addressing the renovation of public and private buildings, light construction and the decarbonization of construction and industry. In this way, we contribute to reducing carbon emissions, leveraging resource efficiency, and increasing circularity.

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. Newmark generated revenues of approximately $2.7 billion for the year ending December 31, 2022. Newmark’s company-owned offices, together with its business partners, operate from approximately 180 offices with nearly 6,700 professionals around the world.