Tech Offers Insight for Shopping Center Owners Looking to React to Consumer Data
October 15, 2021
“Retail has one very serious advantage as an asset class — it provides a lot of data. However, very few people actually look at the...
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Union County shopping center sells to Adoni Group for $19.2M
October 14, 2021
A shopping center in Westfield, New Jersey, has traded hands for just over $1 million below its original $20.5 million ask. The Adoni Group purchased the...
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Theaters in Bond-like ‘No Time to Die’ survival mode as Hollywood banks on return
October 11, 2021
From first dates to family outings, a night at the movies used to be a huge pre-pandemic draw. However, one of society’s biggest rituals is...
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LA Fitness to Open New Location at Marina Pacifica in Long Beach
October 11, 2021
LONG BEACH, CALIF. — LA Fitness has leased 33,987 square feet of space, which Best Buy formerly occupied at Marina Pacifica Shopping Center in Long...
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New LA Vaccination Mandate At Shopping Centers Could Help Or Hurt Retailers
October 11, 2021
The Los Angeles City Council voted 11-2 Wednesday to require entrants to indoor venues including restaurants, malls, gyms, movie theaters and coffee shops to show proof of...
Read More LA Fitness Inks Deal for New Location in Long Beach
October 8, 2021
LA Fitness has inked a lease for a 34k sf space at Marina Pacifica Shopping Center, a 297k sf retail center owned by NewMark Merrill...
Read More LA Fitness Replaces Best Buy at Long Beach Center
October 7, 2021
LA Fitness’s chief of real estate Bill Horner notes that convenient access to large, active populations is the key to the chain’s location strategy, and...
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New National Sales Per Square Foot and Occupancy Costs Figures
October 1, 2021
Early during the pandemic there were questions on how much tenant rent was being collected by landlords. Datex Property Solutions1, a real estate portfolio management...
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Who We Are — Creating Value and Community
September 16, 2021
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...
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August retail rent payments close to 2019 levels
September 14, 2021
Despite the delta variant causing a new wave of restrictions on businesses, most retailers are paying their rent at nearly pre-pandemic levels. National chains have paid...
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