In 2022, $112.1 billion was to retail theft, up from $93.9 billion the prior year. At the beginning of the month New York Gov. Kathy Hochul introduced a $40 million package aimed at combating the rising retail theft across the state. It included retail-focused anti-theft teams for police …
E-commerce has not replaced physical stores but it has disrupted the way that people have traditionally shopped. E-Commerce is a consideration for brick and mortar retail…specifically since the pandemic. So says Northmarq regional managing director, Mike Sladich. “Many brick-and-mortar retailers have had e-commerce creeping up on their market …
San Diego, CA (May 2, 2024) – NewMark Merrill Companies, Inc., a Calabasas, California-based retail shopping center owner and development company, is proud to announce the promotion of Chuck Moore to the position of Regional Property Manager. Moore has been an integral part of the NewMark Merrill …
ICSC Las Vegas Kick Off: Unveiling the Latest Insights from Retail Powerhouses LAS VEGAS—With the highly anticipated ICSC Las Vegas event on the horizon, GlobeSt.com is ramping up its coverage to provide insights into the latest trends in the retail industry. With an expected attendance of over 30,000, …
Chicago — Mid-America Real Estate Corp. has arranged the sale of Marketplace at Six Corners, a 116,941-square-foot shopping center in Chicago. Newmark Merrill purchased the asset for an undisclosed price. Anchor tenants at the property include Jewel-Osco, Marshalls, PetSmart and Famous Footwear. Rick Drogosz of Mid-America represented the …
Mid-America Real Estate Corporation’s Investment Sales Group recently brokered the sale of Marketplace at Six Corners, a grocery-anchored urban shopping center in Chicago. The property is located adjacent to the heavily trafficked intersection of three major thoroughfares – Irving Park Road, Cicero Avenue, and North Milwaukee Avenue. The …
NewMark Merrill Cos. Inc. has acquired the Marketplace at Six Corners retail center in Portage Park as the Southern California retail real estate company continues to expand in the Chicago market. The 117,000-square-foot shopping center, sold by IRC Retail Centers/DRA Advisors, is anchored by a 70,000-square-foot Jewel-Osco store. …
NewMark Merrill Companies has acquired the CVS Pharmacy building within Placentia Town Center, a 142,666-square-foot retail center located on the southwest corner of Yorba Linda Boulevard and Kraemer Boulevard in Placentia, California. Deal terms were not disclosed. The Calabasas-based owner/operator now owns the entire center. “NewMark Merrill believes that …
NewMark Merrill Companies, Inc. has been awarded property management of The Nut Tree and Nut Tree Plaza, a 372,225-square-foot retail and entertainment destination in Vacaville, just south of the 505 and 80 Interstate Freeways. Founded in 1921 as a roadside fruit stand, the center traded to Tower Investments for $124.5 million in …