NewMark Merrill Launches Second Phase of Together We Can Program

NewMark Merrill Companies’ motto is “No Tenant Left Behind” and that means helping its merchants, communities and customers come through this unprecedented time stronger and more connected. With that effort in mind, the company has started the second phase of its “Together We Can” program aimed at …

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Newmark Merrill Promotes Brent Sherman to Regional PM

NewMark Merrill Companies Inc. recently promoted Brent Sherman to regional property manager. Most recently, he served as portfolio manager. Sherman is responsible for overseeing the property management of almost two million square feet of shopping center space in Los Angeles County which includes Crenshaw Imperial Plaza, The Shops …

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Retail Waits To Reopen, Recover

Right now, retail is a tale of two markets: the essential and the nonessential. Or the "haves" and "have nots." This is particularly true in California where current stay-at-home orders limit retail capacity to 25 percent, while dining- whether indoors or outdoors - is not allowed in …

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Property Managers Wait for Other Shoe to Drop

Since the economy bottomed out last spring, rent collections at malls and other retail centers in North Los Angeles have seen monthly incremental hikes as landlords and tenants engage in a delicate dance of payment agreements. Now, those in the property management business worry that December’s recent lockdown, …

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Outlook for movie theater tenants

The traditional role of theater anchors is under threat, experts say, citing the hundreds of cinemas forced to close because of COVID-19, as well as a Hollywood studio’s move to debut blockbusters like Dune and The Matrix 4 on streaming video in 2021. Cineworld Group, the parent company …

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