For many companies, real estate is a simple business: maintain properties, lease space, collect rents. At Newmark Merrill, we believe it’s a lot more complex — and rewarding — than that. It’s a chance to fulfill dreams, create communities and value, and forge new paths in technology and services to support our own properties and the industry.
Industry pioneer and thought leader Sandy Sigal founded Newmark Merrill Companies in 1997 to invest in well-located, well-anchored essential retail centers and mixed-use properties that would benefit from additional leasing redevelopment and marketing expertise. That premise has evolved into a mission that entails creative redevelopment, entrepreneur support, community leadership and pioneering technology to serve our shoppers and investors.
The result: a portfolio of 10 million square feet of development and management assets in 80 cities in California, Colorado and Illinois; a roster of 2,000 tenants, many local or regional entrepreneurs; a sister company with investments in PropTech that benefit not just our assets and tenants but are revolutionizing the industry; and close relationships with our communities through events, charitable giving and employment.
As a privately held company, Newmark Merrill works with partners or directly purchases properties to which it can add significant value for our investors through redevelopment, leasing and marketing. We’ve opened five offices near our markets so we can be hands-on in our management, supporting our tenants and communities every day. Complex? Yes. But it’s why we don’t just serve communities, we’re part of them.
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