Two executives on the opportunities presented by neighborhood centers in underinvested communities. In recent years, an increasing number of retail investors and developers have been shifting their attention toward undeserved communities. The Sun Belt for example, known for its high in-migration rates and friendly business environment, has been particularly attractive. To …
Landlords of well-located shopping centers are in a strong position to correct below-market rents and ramp up their tenant mixes, some say. “There’s never a better time to replace your weaker merchants than when demand is high and supply is low,” said Retail Specialists executive vice president …
Jermaine McMihelk credits a cold email with landing a job at NewMark Merrill Cos. and launching his career in commercial real estate nearly a decade ago. Now, he’s teaming up with the shopping center company to invest in retail centers in undersupplied, inner-city communities. McMihelk and NewMark Merrill …
NewMark Merrill Cos., a Calabasas, California-based shopping center owner and development company, is launching a new firm focused on retail centers in undersupplied markets. NewMark Merrill Hadler Community Partners will acquire, develop, manage and operate the centers. NewMark Merrill President and CEO Sandy Sigal co-founded the new firm, and …
Many of California's retail spaces are still sought after by tenants, but the high-cost environment proves challenging when it comes to making actual moves - whether you're a tenant, landlord or investor. An Excerpt from the September 2024 issue of Shopping Center Business John Hickman, managing director of the …
The new company is targeting "under-invested and under-supplied communities." NewMark Merrill Companies, Inc. is now eyeing the West Coast markets after announcing a new venture that will focus on overlooked retail centers. The venture, dubbed NewMark Merrill Hadler Community Partners, will tackle not only acquisitions but also the management, operation, …
NewMark Merrill Companies, Inc., a Calabasas-based retail shopping center owner and development company, launched NewMark Merrill Hadler Community Partners, a new venture focused on the acquisition, development, management and operation of retail centers in under-invested and under-supplied communities. The firm was co-founded by NewMark Merrill president and CEO Sandy Sigal and former NewMark Merrill portfolio manager Jermaine …
Company’s former portfolio manager Jermaine McMihelk returns to firm to launch new business Calabasas, CA (September 9th, 2024) – NewMark Merrill Companies, Inc., a Calabasas, California based retail shopping center owner and development company, is pleased to announce the launch of NewMark Merrill Hadler Community Partners, a new venture focused …
Fort Collins, Colo. — NewMark Merrill Cos. has acquired a single-tenant retail building located in Fort Collins. Lucky’s Market occupies the property, which totals 26,602 square feet. Lance Taylor represented NewMark Merrill in the transaction on an internal basis. Jon Hendrickson and Mitch Veremeychik of Cushman & Wakefield …