News
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 …
NewMark Merrill Companies Acquires The Shops at SouthBay Pavilion, 182,193SF of retail anchored by Burlington and Ross in Carson, CA
Woodland Hills, CA. (September 23, 2020) – At a time when very few retail properties are changing hands, NewMark Merrill Companies, Inc., a Woodland Hills, CA based retail shopping center owner, manager and development company announced today that it has purchased multiple retail buildings at SouthBay Pavilion …
Local Colors In Mural at Janss Market
Thousand Oaks mall displays wall painting titled ‘Conejo.’ NewMark Merrill Cos., the Woodland Hills-based retail shopping center developer, has completed the installation of a Conejo Valley-centric mural at Janss Marketplace shopping center, the 458,000-square-foot shopping center located at Moorpark Road and Hillcrest Drive in Thousand Oaks. Called “Conejo” (which …
Attraction-minded Janss mall attracts new tenant
Once the economy reopens fully, Janss Marketplace has positioned itself to be the entertainment capital of Thousand Oaks. The mall, already home to Regal Cinemas, Dave & Busters, Defy Ariel Sports trampoline park (formerly Dojo Boom) and a number of restaurants, is set to welcome The Mighty Axe, …
One landlord’s case for government stimulus — and what will happen if it doesn’t materialize
Six months into the pandemic, Sandy Sigal isn’t sugarcoating the situation. The NewMark Merrill Co. chairman and CEO sees a significant number of tenants, particularly small business owners, that won’t survive without additional government stimulus. NewMark Merrill owns and/or manages more than 80 shopping centers, spanning 10 …