First phase helped over 500 tenants collect approximately $20 million in funds from the first round of PPP in 2020 Woodland Hills, Calif. (February 2nd, 2021) – NewMark Merrill Companies, Inc. is pleased to announce that it has started the second phase of its “Together We Can” program …
Drive-throughs are on special order at many restaurants as owners race to put customers at ease during the pandemic and prepare for a food service future increasingly ruled by convenience. Quick-service specialists such as Sweetgreen and Shake Shack are planning their first stores with drive-through lanes, while existing …
NewMark Merrill Companies Inc. recently promoted Brent Sherman to regional property manager. Most recently, he served as portfolio manager. Sherman is responsible for overseeing the property management of almost two million square feet of shopping center space in Los Angeles County which includes Crenshaw Imperial Plaza, The Shops …
Woodland Hills, CA (January 26, 2021) – NewMark Merrill Companies, Inc. is pleased to announce it has promoted Brent Sherman to Regional Property Manager. Most recently he served as Portfolio Manager. Sherman is responsible for overseeing the property management of almost 2 million square feet of shopping centers …
Right now, retail is a tale of two markets: the essential and the nonessential. Or the "haves" and "have nots." This is particularly true in California where current stay-at-home orders limit retail capacity to 25 percent, while dining- whether indoors or outdoors - is not allowed in …
Since the economy bottomed out last spring, rent collections at malls and other retail centers in North Los Angeles have seen monthly incremental hikes as landlords and tenants engage in a delicate dance of payment agreements. Now, those in the property management business worry that December’s recent lockdown, …
The traditional role of theater anchors is under threat, experts say, citing the hundreds of cinemas forced to close because of COVID-19, as well as a Hollywood studio’s move to debut blockbusters like Dune and The Matrix 4 on streaming video in 2021. Cineworld Group, the parent company …
What will kids find in their stockings this COVID Christmas? Behind plexiglass shields and colorful masks, Mr. Claus may have a harder time hearing whether kiddos have truly been naughty or nice. Shopping malls have had to get creative this socially distant year, with everything from Santa behind a …
US retail rent collections reversed course in November, following several months of consistent growth. Last month they declined .41%, according to data from Datex Property Solutions’ tenant track report. Retail rents collections posted its first major reversal in April, falling a startling 35% from March; however, since the initial market disruption, rent …