Calabasas, CA. (March 6, 2023) – NewMark Merrill Companies, Inc., a Calabasas, California-based retail shopping center owner and development company, announced that Burlington has opened a 27,726-square-foot store at Stratford Crossing shopping center, a 361,074-square-foot neighborhood shopping center located at 142 South Gary Avenue at the northwest corner of Gary Avenue and Schick Road in Bloomingdale, Illinois. The move represents a relocation from the nearby Stratford Square shopping center.
Burlington is the latest retailer to come to Stratford Crossing with Milan Laser opening at the end of 2022, Salon 115 Salon & Spa expanding earlier this year, Visionworks opening in February 2023 and Studio by Sally scheduled to open this summer. Additionally, T.J. Maxx/HomeGoods and HOTWORX both opened new stores at Stratford Crossing in 2021.
“The retail industry continues to be strong with new concepts and traditional tenants looking to grow,” said Sandy Sigal, Chief Executive Officer and President for NewMark Merrill Companies. “Retailers like Burlington continue to value location, consumer traffic, and complementary tenant mix.”
CBRE’s Joe Parrott, Sean McCourt, and Riley McCarron represented Newmark Merrill Companies in the lease with Burlington. Burlington was represented by Bobby Melsher at Metro Commercial Real Estate.
Stratford Crossing is anchored by Mariano’s, T.J. Maxx, HomeGoods, PetSmart, Hobby Lobby, and now Burlington. It features an outstanding tenant mix of key local, regional and national retailers including Party City, Planet Fitness, Shoe Carnival, Outback, Buffalo Wild Wings, Wendy’s, and Golden Corral, among others. The center is located at Gary Avenue and Schick Road with over 49,000 daily cars and over 103,000 people within three miles of the center. For more information about Stratford Crossing, please visit StratfordCrossing.com and on Facebook at www.facebook.com/StratfordCrossing.
About NewMark Merrill Companies
NewMark Merrill Companies, Inc. owns and/or manages a portfolio of over 95 shopping centers valued at more than $2 billion. Since 1987, President and Chief Executive Officer Sandy Sigal has led the company of shopping centers representing over 2,000 tenants and 12 million square feet in California, Colorado and Illinois. The Company has founded and invested heavily in BrightStreet Ventures, its technology company, which is working on leading edge solutions for landlords and tenants to succeed in today’s retail environment. For more information, please visit NewMarkMerrill.com.