172,000 SF: Retail Center Trades Hands

Calabasas-based NewMark Merrill Cos. Inc. has acquired a 172,000-square-foot retail shopping center in Thousand Oaks. NewMark Merrill purchased the asset, which it renamed The Collection at Janss Marketplace, from Seritage Retail Group. It is adjacent to Janss Marketplace, a 458,000-square-foot shopping center that Newmark Merrill also owns. The company is now responsible …

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NewMark Merrill Acquires Another SoCal Shopping Center

Prime Finance provided a $17.3 million loan Shopping center developer and owner NewMark Merrill Companies is again expanding its footprint in Southern California.  The Calabasas-based firm announced it acquired a 172,008-square-foot retail center renamed the Collection at Janss Marketplace in Thousand Oaks from Seritage Retail Group. Property records show it sold for $27.5 million, …

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NewMark Merrill pays $28M for former Sears store in Thousand Oaks

Department store space now 60% leased to Dave & Buster’s, DSW and Nordstrom Rack NewMark Merrill Companies has bought a retail strip in Thousand Oaks — formerly home to a Sears department store.  The Calabasas company bought the 172,800-square-foot center at 145 West Hillcrest Drive from Seritage Retail Group, …

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Community Drives Commerce

Shopping center owners look to foster loyalty, engagement and interest by utilizing local connections to the community Everyone likes a hometown hero. It's a reason schools tout their notable alumni, the home team will always have the larger cheering section and political candidates will almost certainly perform the …

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NewMark Merrill Companies Acquires 172,008 SF Retail Center Collection at Janss Marketplace in Thousand Oaks, California

Calabasas, CA. (November 29th, 2023) – NewMark Merrill Companies, Inc., a Calabasas, California-based retail shopping center owner and development company, is pleased to announce it has acquired a 172,008-square-foot retail center renamed the Collection at Janss Marketplace from Seritage Retail Group. The center is adjacent to the Janss Marketplace shopping …

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Retail Development is Continuing its Evolution

Looking back over the last half-century, possibly more than any other real estate classification, the retail development prototype has shown resiliency, yet distinction, almost by decade. In this article, we'll explore those prototypes and their respec­tive time periods, briefly touch on how e-commerce and COVID-19 affected tenant …

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VIDEO: What Does it Take to be a Successful Retail Tenant?

Sandy Sigal, the President and CEO of NewMark Merrill Companies, opens up about the types of retail tenants that have proven to be successful and why. https://www.youtube.com/watch?v=6e42IoV7RAw View the original post here https://crittendenreport.com/video-what-does-it-take-to-be-a-successful-retail-tenant/

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