Rest of Year Isn’t Looking Good for Retail-Property Market

Rebound is fizzling amid store-chain bankruptcies and tariff concerns Shopping-center owner Sandy Sigal groaned when he found out that the bankrupt home-goods retailer Big Lots was closing its location at his Whittier, Calif., strip center.  He knew it wouldn’t be easy to replace Big Lots, which had attracted shoppers from the surrounding neighborhoods …

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ConnectCRE: NewMark Merrill to Renovate Shopping Center in Chicago

NewMark Merrill Companies, Inc., a California-based retail shopping center owner and development company, is planning a $1.5 million remodel, refresh, and upgrade of Bricktown Square in Chicago.NewMark Merrill acquired the 292,309-square-foot retail center located at the northwest corner of N. Narragansett and W. Fullerton Avenue. The firm also …

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