Calabasas, CA. (March 27, 2024) – NewMark Merrill Companies, Inc., a Calabasas, California-based retail shopping center owner and development company, announced that it has been awarded property management of The Nut Tree and Nut Tree Plaza, an iconic 372,225-square-foot retail and entertainment destination located at East Monte Vista Avenue and Nut Tree Road in Vacaville, California, just south of the 505 and 80 Interstate Freeways. NewMark Merrill now owns and/or manages over 100 shopping centers nationwide.
From its humble beginnings in 1921 as a roadside fruit stand, The Nut Tree has flourished into a beloved interstate destination. Over the decades, it has transformed from a simple pit stop into a vibrant hub of activity, blending retail, dining, and entertainment, all while serving as a beacon of community spirit between San Francisco and Sacramento. Its evolution is a testament to California’s rich heritage, mirroring the growth and changes of the region itself. Its strategic location offers unparalleled visibility and access from Interstate 80, further enhanced by a new state-of-the-art LED monument sign providing maximum exposure. The destination is anchored by strong national tenants including PetSmart, Nordstrom Rack, Kirkland’s, Ulta, Old Navy, Best Buy, Michaels and HomeGoods.
Under NewMark Merrill’s management, The Nut Tree is poised for further success, with plans to enhance the shopping experience, strengthen community ties, and continue the tradition of excellence that has been a cornerstone of the property since its inception. The company looks forward to working closely with the existing merchants, the community, and the City of Vacaville to ensure The Nut Tree remains a premier destination for shopping, dining, and entertainment. In addition, NewMark Merrill will continue its commitment to the local and regional community through direct outreach, promoting the center’s businesses and operators, working closely with local city governments and municipalities, and putting together events that cater to the area and its expansive customer base.
In preserving the essence of The Nut Tree, NewMark Merrill Companies is committed to honoring its past while steering its future towards sustainable growth and innovation. This landmark’s story is far from over, and we are thrilled to write the next chapter, ensuring The Nut Tree remains a cherished destination for families, travelers, and the community for years to come.
“NewMark Merrill believes that retail and specifically The Nut Tree is integral to Northern California, a region our company has served for many years,” said Sandy Sigal, President and Chief Executive Officer of NewMark Merrill Companies. “The Nut Tree represents more than just a shopping center; it’s a piece of California’s history and a community gathering place. We are honored to take on the management of such a landmark site and are committed to enhancing its value for our merchants, ownership, visitors, and the Vacaville community.”
Nut Tree Plaza is centrally located along the Interstate 80 corridor between Sacramento and San Francisco. It generates over 4.5 million visitors annually and is consistently ranked in the top 97% of all centers in the country measured by traffic per square foot. The site offers exposure to over 150,000 cars per day and is a historic stopping point for families traveling to and from the Bay Area, Lake Tahoe and the Sierra Mountains.
About NewMark Merrill Companies
NewMark Merrill Companies, Inc. owns or manages a portfolio of over 100 shopping centers valued at more than $3 billion. Since 1987 President and Chief Executive Officer Sandy Sigal has led the company of shopping centers representing over 2,000 tenants and 12 million square feet in California, Colorado, and Illinois. The Company has founded and invested heavily in BrightStreet Ventures, its technology company, which is working on leading edge solutions for landlords and tenants to succeed in today’s retail environment. For more information, please visit NewMarkMerrill.com.