February 17, 2026 9:00 AM
Newmark [1] announces the Company has arranged a long-term headquarters lease extension on behalf of Saint-Gobain for its North American headquarters, located at 18 and 20 Moores Road in Malvern, Pennsylvania. The transaction, valued at over $100 million, extends the global building materials leader’s commitment to its state-of-the-art, LEED Platinum-certified campus for nearly two more decades.
Newmark Executive Managing Director Craig Scheuerle
represented Saint-Gobain in the transaction. The advisors to the landlord were Arzan Wealth of Dubai and 90 North Real Estate Partners LLC out of Chicago.
“This renewal underscores Saint-Gobain’s continued investment in innovation, sustainable construction and its employees,” said Scheuerle. “The Malvern headquarters has been a flagship location since its opening in 2015, and this lease extension reaffirms its long-term strategic importance to the organization’s North American operations.”
90 North’s Head of North America Daniel T. Cooper stated: “Our ownership has been working with Saint Gobain since our acquisition of the property in early 2016. They are a model Fortune Global 300 company and are also outstanding in the local community. Saint Gobain and Newmark were both very professional in this transaction.”
Saint-Gobain’s North American HQ spans Buildings 1, 2 and 3 at the Malvern site. The company is the sole occupant of the modern, amenity-rich facility, which has served as a model for environmentally responsible workplace design since its opening.
Executive Managing Director Gus Poulopoulos of Newmark’s Occupier Solutions, in collaboration with Scheuerle, provides additional real estate support for Saint-Gobain across all 178 of its leased facilities and 143 owned facilities in North America, delivering services ranging from strategic consulting, transaction management, brokerage, project management, lease administration and valuation & advisory.
[1]
Dba Newmark Real Estate in Pennsylvania
About 90 North Real Estate Partners
90 North is an independent investment advisory firm, specializing in socially responsible real estate investment and with considerable experience working with Shari’ah compliant equity partners. Headquartered in London, 90 North has a US office in Downtown Chicago. Since June 2012, 90 North has closed over $2 billion of real estate transactions with its equity partners. For more information visit www.90northgroup.com.
About Arzan Wealth
Arzan Wealth is an investment advisory firm registered at the Dubai International Financial Centre (DIFC) and is regulated by the Dubai Financial Services Authority (DFSA). Arzan Wealth currently advises various clients on real estate, private equity and other investments worth a total of approximately $2.6 billion across the GCC, United Kingdom, Europe and the United States of America. For more information, visit www.arzanwealth.com
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 September 30, 2025, Newmark generated revenues of over $3.1 billion. As of September 30, 2025, Newmark and its business partners together operated from approximately 170 offices with over 8,500 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 Represents Saint-Gobain North America in Headquarters Lease in Malvern, PA
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