Monthly Archives: October 2020
Boulder County area shopping districts adapt with open-air sections, mixed uses, varied anchors
Evolution of area malls began before COVID. The traditional American mall has long been evolving, and regional centers have been catching on. Some shopping centers have already adapted by including necessary elements — open-air sections, economy-flexible anchor tenants, and mixed-use designs — while others have plans on the drawing …
Box Office Bomb: Silver Screens Go Dark in Pandemic
As movie theaters nationwide fade to black, there's greater uncertainty now more than ever as to when, or if, they’ll fully come back. It’s one bad scene after another for movie theaters, with no red carpets or fancy premieres in sight. Regal Cinemas, the second largest theater chain in …
Who’s Who in Real Estate: Struggling Retail Sector Shows Signs of Life
Woodland Hills-based NewMark Merrill Cos. Inc. is an active player in L.A.’s retail real estate market. The company, which was founded by Sandy Sigal in 1997, owns or manages 85 shopping centers totaling more than 10 million square feet. Among NewMark Merrill’s roughly 1,800 tenants are Whole Foods …
Seritage sells part of Shops at SouthBay Pavilion
NewMark Merrill Companies acquired more than 180,000 square feet at the Shops at SouthBay Pavilion in Carson. The seller was Seritage SRC Finance, a subsidiary of Seritage Growth Properties, according to REBusiness Online. The price was not disclosed. NewMark Merrill’s 182,000 square feet over multiple buildings represents about one-fifth …