NORTHRIDGE, CALIF. — NewMark Merrill Cos. has acquired Corbin & Parthenia, an 83,668-square-foot retail center located in Northridge, roughly 30 miles northwest of Los Angeles. The buyer plans to invest in maintenance and upgrades to the property. Jim Patton and Greg Giacopuzzi of NewMark Merrill arranged the transaction, in …
Calabasas, CA. (April 6, 2023) – NewMark Merrill Companies, Inc., a Calabasas, California-based retail shopping center owner and development company, announced the acquisition of Corbin & Parthenia shopping center, an 83,668-square-foot community retail center located in the San Fernando Valley city of Northridge, California. This is the …
Landlords steadily are testing and adapting retail-oriented technologies that help them learn about their customers and run more efficient and profitable enterprises. “Landlords are now learning the importance of being active operators of shopping centers,” said Richard Rizika, partner and co-founder of brokerage and advisory firm Beta. “They …
Thanks to the savings in cost and time to opening, retailers are craving second-generation spaces these days. Landlords like to backfill those spots with like-kind tenants for the same reasons. Phillips Edison & Co. senior vice president of leasing Ron Meyers’ first choice to replace a departing retailer …
As the consumer, technology and privacy laws evolve so, too, must a shopping center’s marketing strategies. A shopping center’s marketing agenda has one goal in mind: get shoppers into the center where they can spend money on goods and services. There’s just one problem — the perennial bachelor …
NewMark Merrill Companies recently announced that Crumbl, the fastest growing cookie company in the U.S., is now open at four of the 30 shopping centers it owns or manages from its San Diego County office, including Mission Marketplace in Oceanside and Nordahl Marketplace in San Marcos. The the …
On Tuesday, March 16th, 2023, Norwalk’s City Council hosted a meeting to recognize Brent Sherman, Regional Property Manager at NewMark Merrill Companies, Inc., for his work and support of Norwalk’s Economic Development Task Force. The Task Force was established during the COVID Pandemic and is comprised of select business …
One of the largest operators of open-air community centers in California has promoted the caretaker of its own corporate community. Lisa Polis, who has spent the last four years recruiting new staffers and supervising team development at Newmark Merrill Companies, has been named the company’s VP of People …
BLOOMINGDALE, ILL. — Burlington has opened a 27,726-square-foot store at the Stratford Crossing shopping center in Bloomingdale. Owned by NewMark Merrill Cos. Inc., the retail property totals 361,074 square feet and is located at 142 S. Gary Ave. Anchor tenants include Mariano’s, TJ Maxx, HomeGoods, PetSmart and …