News

NewMark Merrill Companies Promotes Josh Ginsborg To Vice President of Capital Markets

LOS ANGELES (February 9th, 2026) – NewMark Merrill Companies, Inc., a Calabasas, California-based retail shopping center owner and development company, announced that it has promoted Josh Ginsborg to Vice President of Capital Markets. He will work closely with the firm’s acquisitions, development, and operations teams. NewMark Merrill recently acquired Lake Meadows Shopping Center in Chicago which brings the company’s portfolio to 110 retail centers owned and/or operated in California, Colorado and Illinois. Ginsborg is tasked with overseeing …

California firm pays $31 million for Bronzeville shopping center

See us featured in Crain's Chicago Business publication here: https://www.chicagobusiness.com/commercial-real-estate/lake-meadows-shopping-center-bronzeville-sells-31m

NewMark Merrill Companies Reports Exceptional 2025 Results; Reinforces Community-Driven Mission and Small Business Impact

Calabasas, CA — January 21, 2026 — NewMark Merrill Companies (NMC), a community-centric retail real estate owner, operator, and developer, today shared some of its performance metrics for 2025—highlighting robust portfolio expansion, record traffic growth, and meaningful community engagement across its 106 shopping centers nationwide. “At NewMark Merrill, …

The 2026 Retail Forecast: Not Too Different from 2025

The pandemic’s aftermath saw yet another prediction of retail’s demise. But fast-forwarding half a decade, and retail has been a robust commercial real estate asset class. Despite the current K-shaped economy, shopping cutbacks from lower-income households and uncertain consumer sentiment, experts told Connect CRE that the sector …

West Coast Center Developer Expands Its Presence in Chicago

Calabasas, Calif.-based NewMark Merrill, the bulk of whose outdoor centers are found in California and Colorado, has acquired its eighth center in Chicagoland. It has picked up the 179,000-sq.-ft. Lake Meadows Shopping Center on Chicago’s South Side, anchored by Jewel-Osco, LA Fitness, Foot Locker, and CVS. NewMark Merrill has plans to upgrade the center, including improvements to …

BisNow: The Chicago Deal Sheet

The Chicago Stars, the city's National Women’s Soccer League club, released plans for a new team performance center and operations hub set to open in suburban Bannockburn in 2027. The performance center will feature two full-size soccer pitches and a goalkeeper-specific pitch. The 45K SF adaptive reuse building will …

NewMark Merrill Cos. Acquires 179,106-Square-Foot Lake Meadows Shopping Center in Chicago

Chicago —NewMark Merrill Cos. has acquired Lake Meadows Shopping Center, a 179,106-square-foot retail center in Chicago. Jewel-Osco anchors the center, which was 85 percent leased at the time of sale. Additional tenants include LA Fitness, Foot Locker, CVS Pharmacy and Citi Trends. NewMark Merrill will upgrade the property …

NewMark Merrill Acquires 179,106 SF Lake Meadows Shopping Center in Chicago

CHICAGO — NewMark Merrill Cos. Inc. has acquired Lake Meadows Shopping Center, a 179,106-square-foot property in Chicago. Draper and Kramer Inc. was the seller. Anchor tenants include Jewel-Osco, LA Fitness, Foot Locker, CVS Pharmacy and Citi Trends. NewMark Merrill now owns or operates eight properties in the …

NewMark Merrill Acquires Chicago-Area Shopping Center

NewMark Merrill Companies, Inc. has acquired Lake Meadows Shopping Center, a 179,106-square-foot grocery-anchored retail center located on 16 acres on the corner of South Martin Luther King Drive and East 35th Street in Chicago, from Draper and Kramer. The center is anchored by Jewel-Osco, LA Fitness, Foot Locker, CVS …