Saint Gobain Update 04/11/23

Newmark Secures Global Corporate Services Contract with Construction Leader Saint-Gobain for its North American Affiliates

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.

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