Space is tight, rents are high, and retailers armed with deep market data are expanding judiciously. Without question, one retailer was on the lips of everyone at this year’s bustling ICSC show in Las Vegas: Bed Bath & Beyond and the 500, average 30,000-sq.-ft. leases it was bequeathing to a …
Experts elaborate on the sector’s performance, who's driving activity and what a recession could bring. By the numbers, overall retail fundamentals are solid. For example, in its first-quarter 2023 market outlook, CBRE reported that although sales growth has slowed, the sector remains resilient. The national average retail availability reached 4.8 percent …
The high inflationary environment has caused many middle-class shoppers to tighten their belts, meaning shopping centers and retailers must be on their game to get them on property. A dollar is a dollar, but not every dollar is created equal. A purchase made by an out-of-state visitor who …
NewMark Merrill Companies has promoted Michael Mendez to VP of operations of its Southern Region in California, covering San Diego County and surrounding areas. Previously, he served as regional property manager. Mendez joined NewMark Merrill as an assistant property manager in the South Region in 2004, when the …
Sandy Sigal, president and CEO of NewMark Merrill in Calabasas, Calif., thinks it’s about time we update the real estate adage, “If you build it, they will come.” In a market grappling with online shopping, inflation, high interest rates and more, Sigal believes the real advice today …
Calabasas, CA. (May 5th, 2023) – NewMark Merrill Companies, Inc., a Calabasas, California-based retail shopping center owner and development company, is pleased to announce it has promoted Michael Mendez to Vice President of Operations of NewMark Merrill’s Southern Region in California, covering San Diego County and surrounding …
Jewish tradition views giving back as a universal obligation independent of time or circumstance. At the Jewish Community Foundation, we customize our philanthropic guidance for every donor, whatever their age or stage in life. From teaching families about financial literacy to helping identify charitable passions and advising …
NewMark Merrill Companies, a Calabasas-based retail shopping center owner and development company, will mark the 20-year anniversary next month of opening its San Diego Division office to oversee the San Diego, Riverside and Orange County regions. In 2003, NewMark Merrill’s founder Sandy Sigal partnered with managing director John Hickman to open and …
San Diego, CA. (April 24, 2023) – NewMark Merrill Companies, a Calabasas, California-based retail shopping center owner and development company, announced that May 2023 marks the firm’s 20-year anniversary of when the company opened its San Diego Division office to oversee the San Diego, Riverside and Orange …