Calabasas, CA. (June 12th, 2023) – NewMark Merrill Companies, Inc., a Calabasas, California-based retail shopping center owner and development company, is pleased to announce it has hired 30-year commercial real estate veteran Lance W. Taylor as Vice President of Acquisitions and Development for the firm’s Mountain States Division. Taylor will be tasked with sourcing and overseeing acquisitions of properties and identifying & managing new development projects in the Mountain States region. NewMark Merrill Mountain States currently owns and operates ten retail centers encompassing 1,500,000 square feet in Colorado.
Taylor joins NewMark Merrill with an impressive track record in acquisitions and development. Most recently he served as Principal of Real Estate Investments and Development for SL Taylor Investments LLC, where he managed market analysis, acquisitions, divestitures, real estate financing, legal contract negotiation and more. Previously, he served as a Director at EB Arrow where he spearheaded the $70 million renovation of the Burbank Town Center, which included pursuing California Environmental Quality Act (CEQA) approval to convert a vacant IKEA to 1,100 new residential units. He has also held senior level roles with Deutsche Bank Asset & Wealth Management, Jones Lang LaSalle, Stream Realty Partners, and Goldman Sachs.
“Lance is a great addition to our Mountain States Division as we look to expand our presence in the region,” stated Sandy Sigal, President and Chief Executive Officer of NewMark Merrill Companies. “His track record, experience, and knowledge are an exceptional fit as we continue to grow in this evolving industry. Additionally, he will mesh well culturally with our team.”
Lance has relocated and will be officing out of the NewMark Merrill Mountain States office.
“I am thrilled to have joined NewMark Merrill Companies as Vice President of Acquisitions and Development for the Mountain States division and look forward to expanding our presence and portfolio,” shared Taylor. “The existing infrastructure and community focused operating platform, coupled with forward thinking utilization of technology driven information systems, makes us uniquely qualified for continued growth and success.”
Lance earned a bachelor’s degree in marketing from the University of Texas. He is a member of ICSC and is a Certified Commercial Investment Member (CCIM).
About NewMark Merrill Companies
NewMark Merrill Companies, Inc. owns or manages a portfolio of over 95 shopping centers valued at more than $2 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.