News

NewMark Merrill Tapped to Manage Laguna Niguel Retail

NewMark Merrill Companies, Inc. has been awarded property management of Plaza de la Paz, a 294,566-square-foot retail destination located at La Paz Road and Pacific Park Drive in Laguna Niguel.  The property is owned by entities controlled by Horowitz Group of Newport Beach. “We are looking forward to …

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CoStar News – ‘We’re Buying Stuff,’ NewMark Merrill CEO Says

In Video Interview, Sandy Sigal Discusses Retail Acquisition Opportunities in the Midwest As sales of retail centers taper off after a jump from 2021 to 2023, property owner NewMark Merrill is busy with new acquisitions, especially in Chicago, according to its top executive. Nationwide, retail investment sales volume is …

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Connect CRE: California People and Company News, Week of May 31, 2024

NewMark Merrill Companies, Inc., a Calabasas-based retail shopping center owner and development company, has promoted Chuck Moore to regional property manager. He will oversee the management of more than 1.5 million square feet of commercial real estate in San Diego County, including notable shopping centers like Piazza Carmel and Grand Plaza.  Read the full …

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Sunday Summary: Retail of the Tape

There was a time when you could say that if you’d seen one ICSC conference, you’d seen ’em mall… But retail is a different animal now than it was 10 years ago, or even two years ago. And there was a lot to discuss as the brokers, owners …

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LA Times: Commercial Real Estate Visionaries

Commercial real estate, not unlike numerous other industries, has gone through unprecedented challenges over the past few years. And, yet, almost halfway through 2024, the Southern California commercial real estate sector has proven to be resilient, not just surviving but thriving. Current trends indicate a strong, steady recovery …

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NewMark Merrill: AI, Automation Will Benefit In-Person Retail

Automation is not only here to stay — it’s here to make the tasks of owning, operating, marketing and leasing a shopping center easier. That is the view of Sandy Sigal, chairman, CEO and president of Calabasas, Calif.-based NewMark Merrill Companies. “I see automation as a net positive,” he …

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Experts on Emerging Trends in Retail

From pricing to tenants changing their prototypes to adaptive reuse, these three executives give their take on retail. LAS VEGAS—There is a lag effect with sellers at the moment where sites are priced to be at a level where construction and the associated required rents aren’t working. That …

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