Chairman, President, CEO & Founder, NewMark Merrill Cos.
Sigal propelled his retail center investment and management company to San Fernando Valley Business Journal’s second-fastest growing company for 2019, based on acquisitions of $175 million in new assets and new developments worth approximately $50 million over two years. NewMark Merrill was also honored in Inc.’s yearly guide of the 5,000 Fastest Growing Private Companies. Most recently, the rm acquired The Shops at SouthBay Pavilion, a Carson, Calif., retail center. Sigal founded NewMark Merrill Cos. in 1997 and went on to acquire, develop and/or manage and reposition scores of retail centers. The company owns or manages 85 shopping centers in California, Colorado and Illinois. Among its 1,800 tenants are Whole Foods, Walmart, Regal Cinemas and CVS. Collectively, the centers comprise almost 10 million square feet and are valued at more than $2 billion. Sigal is also chairman of BrightStreet Ventures, which he co-founded to deliver greater opportunity to his company’s tenants and other owners of centers. BrightStreet Ventures integrates online and social platforms with traditional brick-and-mortar businesses. A graduate of the University of California at Los Angeles, Sigal is active in community organizations, notably Camp Bob Waldorf, where he serves as vice chairman of the board and dinner chair. The camp, which Sigal attended as a boy, helps underserved children.