You can always find something great happening at NewMark Merrill, and we love to share the latest!
From pricing to tenants changing their prototypes to adaptive reuse, these three executives give their take on retail. LAS VEGAS—There is a lag effect with sellers at the moment where sites are priced to be at a level where construction and the associated required rents aren’t working. That …
In a robust retail environment, some may argue that it takes less effort to succeed, but those who want to maximize their results realize that landlords and tenants must work hand-in-hand to achieve the best possible outcome. A rising tide lifts all boats, right? Yes and no. With …
Retail has been an interesting space for the commercial real estate sector. In recent months consumers have shown signs of slowing purchasing in response to higher prices. At the same time, the fundamentals in the space have never been stronger for owners and landlords, amid a scarcity …
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 …