NewMark Merrill Companies Announces the Acquisition of FOOD SOURCE and SHOPS
(WOODLAND HILLS, CA) NewMark Merrill Companies has acquired the Food Source and Shops section of the Valley Mack Plaza located at 6366 Mack Road in Sacramento, CA. The Food Source and Shops building features approximately 64,171 SF building situated on 4.64 acres of land just west of Highway 99 in South Sacramento. NewMark Merrill Companies purchased the Food Source and Shops from the Sands Investment Group.
In addition to the Food Source and Shops section, Valley Mack Plaza benefits from a lineup of strong anchor tenants including dd’s discounts, Fallas Paredes and Rainbow Fashions. Valley Mack Plaza also includes several big name chains such as Auto Zone, Starbucks and McDonald’s, which increases the Plaza’s attractiveness to consumers.
“We are extremely proud of our acquisition of Food Source and Shops in the Valley Mack Plaza,” stated Sandy Sigal, President and Chief Executive Officer of NewMark Merrill Companies. “This center has been an institution to these residents for the past 30 years and we are pleased to have an opportunity to increase our presence in the area. Our sincere belief is that the Mack Road trade area is poised for a tremendous turnaround and we hope to be at its forefront.”
The Food Source and Shops’ location provides incredible exposure to customers with its convenient access to Highway 99 while sitting at one of the dominant intersections in the entire Sacramento trade area. NewMark Merrill Companies is happy to welcome the Food Source and Shops as a new property and will continue to help grow and support the community that surrounds it.
NewMark Merrill Companies
NewMark Merrill Companies, Inc. owns or manages a portfolio of over 78 shopping centers. Since 1984 Chairman and Chief Executive Officer Sandy Sigal has led NewMark Merrill in a community leadership role at the company’s shopping centers in more than 45 cities throughout California, Colorado and Illinois. For more information, visit www.newmarkmerrill.com. For more information on NewMark Merrill Companies, contact Heather Danko at [email protected] or at 818.710.6100.
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