News

L.A. Rising: Family Legacy In Crenshaw

A variety of housing and mixed-use projects are coming up in the Baldwin Hills/Crenshaw area of South Los Angeles. Construction: Builders lay the foundation for The Clark on 54th in Crenshaw. (Photo c/o Praxis Development Group) Ten years ago, Jamial Clark began contemplating what to do with his late mother’s legacy …

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Recent Retail Deals Point to Strong San Diego Market

REAL ESTATE: Low Vacancy Rate, Space Converted to Other Uses Drive Tightening SAN DIEGO COUNTY – An Escondido shopping center is getting a new look in a $1 million renovation and a San Marcos center was recently sold. The two deals come amid a retail property market that remains …

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Immigration Crackdown Dents Demand For Fast-Growing Ethnic Grocery Chains

Sustained growth in large-format grocery stores catering to specific regional and ethnic cuisines has been supercharged by both the diversifying demographics of the United States as well as a nationwide embrace of foodie culture. But an increased presence of immigration authorities in growth hubs for these retailers, particularly …

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NewMark Merrill Buys Vista Parcel for New Quick Quack Car Wash

NewMark Merrill South LLC has acquired a one-acre parcel located at the northeast corner of Business Park Dr and Poinsettia Ave in the San Diego County city of Vista. NewMark Merrill South is the San Diego division of retail shopping center owner and development company NewMark Merrill …

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The Denver Deal Sheet

Despite public claims they’re exploring multiple locations for a new stadium, the Denver Broncos have been in regular talks with Denver Water about land near Burnham Yard since early 2024, 9News reports.  The discussions involve top Broncos executives and city officials, including Mayor Mike Johnston’s chief of staff, and …

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NewMark Merrill Companies Hires 24-Year Commercial Real Estate Veteran Paul Sheppard as Vice President of Acquisitions & Development for Mountain States Division

NewMark Merrill Companies, Inc., a Calabasas, California-based retail shopping center owner and development company, is pleased to announce it has hired 24-year commercial real estate veteran Paul Sheppard as Vice President of Acquisitions and Development for the firm’s Mountain States Division. Mr. Sheppard will be tasked with sourcing …

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