04/23/2026 | Press release | Distributed by Public on 04/23/2026 15:54
April 23, 2026 3:00 PM
Newmark announces the Company has arranged a 43,200-square-foot office headquarters lease with RCS Real Estate Advisors for Claire's Holdings, LLC ("Claire's"), a global accessories retailer and portfolio company of Ames Watson, at Columbia Centre III in Rosemont, Illinois. Claire's will relocate its headquarters from Hoffman Estates, Illinois, with the new space expected to open in early 2027. The new location provides dedicated office space and positions the company closer to the Chicago CBD, enhancing access to talent while staying connected to its suburban workforce.
Newmark Senior Managing Director John Clark and Associate Director Sean Moran, in collaboration with Spence Mehl of RCS Real Estate Advisors, represented the tenant in the lease transaction. The landlord was represented by Joe Stevens and Steve Degodny of Transwestern.
"Claire's was seeking a modern, amenity-rich workspace in a highly accessible location that would support both talent recruitment and retention," said Moran. "We were proud to represent the company in securing a headquarters that aligns with its strategic goals and sets the stage for its next phase of growth."
"Through our work together on major strategic initiatives, from the Claire's acquisition to the evolution of their industrial and logistics portfolio, we have developed a deep understanding of the business and how its workplace needs are shifting as the brand engages a new generation of consumers," said Mehl.
Located at 9295 W. Bryn Mawr Avenue, Columbia Centre III is a nine-story Class A office building totaling 238,696 square feet. Amenities include a fitness center, 24/7 building access, on-site dining and ample covered and surface parking.
Strategically positioned in the O'Hare submarket, the property is just minutes from the Rosemont CTA Blue Line station, offering direct transit to downtown Chicago and the O'Hare International Airport. It is well-connected via major highways I-90, I-190 and I-294, providing seamless access to the Chicago CBD and the Northwest suburbs.
Founded in 1961, Claire's is a global leader in fashion, operating thousands of stores worldwide. The company is known for trendy, attainably priced products and ear-piercing services that appeal to tweens and teens.
According to Newmark Research, suburban vacancy in Chicago ended the quarter at 26.8%, slightly down from 27.1% in the previous quarter. Class A assets saw modest rent growth, reflecting strong demand for high-quality, amenity-rich office space. Tenant interest in well-located, modern offices is expected to remain steady in 2026, highlighting the ongoing appeal of properties like Columbia Centre III.
About RCS Real Estate Advisors
Founded in 1981, RCS Real Estate Advisors (RCS) is a leading national retail real estate advisory firm that provides innovative, tenant-centric solutions for complex real estate challenges. RCS's team of industry veterans use their in-depth retail knowledge and experience to fight tenaciously for their clients' long-term success. RCS maximizes returns and protects its clients from entering into bad agreements, with a deal-structure mindset rooted in a forward-looking, risk-averse approach. The firm specializes in reducing occupancy costs, restructuring leases and expanding physical footprints.
RCS excels at identifying and exploiting investment and expansion opportunities because it sees the world through retailers' eyes. For more than four decades, retailers have trusted RCS to strike the best, most favorable lease terms, preserve profitable locations, select the best sites for expansion and growth, and monetize real estate. For more information, visit: https://www.rcsrealestate.com/about-us/
About Claire's Holdings LLC
Claire's Holdings LLC is a fully integrated, global fashion brand powerhouse committed to inspiring self-expression through the creation and delivery of exclusive, well-curated products and experiences. Through its global brands, Claire's® and Icing®, the company delivers an immersive, omnichannel shopping experience with owned and concession stores throughout North America and Europe as well as around the world. More information regarding Claire's is available at corporate.claires.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 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.