News

The Battle to Control Costs While Running A Successful Center

Today’s uncertain economic environment is prompting many shopping center owners and property managers to reduce expenses and operate more efficiently, from challenging their tax bills to leveraging proptech to fine-tune the use of daily resources. “We’re constantly looking for opportunities to maximize savings, not only for our …

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How Shopping Centers are Getting Those Tesla Drivers Into Their Stores

EV Charging is no longer a 'nice to have' amenity for shopping center owners. A “symbiotic” relationship has emerged between retailers, landlords and charging providers as the race among automakers to electrify their fleets, coupled with strong regulatory interest and investment at the state and local level, push …

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Shopping For Ideas

The evolution of retail property management Throughout the last couple of decades, there have been many predictions that brick-and-mortar retail was destined for obsolescence. For years, it’s seemed like each new quarter saw an entire merchant category made redundant by the growth in e-commerce. The reality is that …

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SD Metro Daily Business Report: Thursday, July 21, 2022

NewMark Merrill South acquires land in Vista for multi-tenant restaurant development NewMark Merrill South LLC, the San Diego-based retail shopping center owner and development company and subsidiary of NewMark Merrill Companies Inc., has acquired a 1.4-acre site located at the corner of South Melrose Drive and Faraday Avenue …

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Vista Land Parcel Sells, Will Become Restaurant Site

Shopping center owner and developer, NewMark Merrill South, LLC, has acquired a 1.4 acre site at the corner of South Melrose Drive and Faraday Avenue in Vista, CA. The company plans on developing a two-restaurant site, already leased to Dutch Bros. Coffee and Wendy’s. Completion of the …

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