You can always find something great happening at NewMark Merrill, and we love to share the latest!
Department stores and their investors are anticipating a great holiday season at their properties after a pandemic-long slog. Pre-pandemic, there was a fairly widespread sentiment against the continued value of the department store. And with news around store closings and bankruptcy proceedings dominating headlines in the last year and a half, it’s …
Check out this video from Placer.ai Client Stories featuring NewMark Merrill.
The Reign of Terror (ROT) Haunted House has existed in one form or another since 2000. Originally a Halloween tradition at the Thousand Oaks home of Bruce Stanton, in its 20-plus year history it has grown to become one of the area’s largest and most famous seasonal …
California’s job growth slowed last month, and its unemployment rate remained high as the state, still pummeled by the COVID-19 Delta variant, struggled to recover economic momentum. Many workers were reluctant to return to their jobs because the virus was circulating in schools and businesses, or because they …
“Retail has one very serious advantage as an asset class — it provides a lot of data. However, very few people actually look at the data,” says Sandy Sigal, president and CEO of NewMark Merrill.“ Historically, gathering data required landlords and managers to physically visit sites, and data …
A shopping center in Westfield, New Jersey, has traded hands for just over $1 million below its original $20.5 million ask. The Adoni Group purchased the shopping center at 260 North Avenue East from ACNY Development for slightly above $19.2 million, Manhattan-based investment-sales brokerage Highcap Group announced. ACNY …
From first dates to family outings, a night at the movies used to be a huge pre-pandemic draw. However, one of society’s biggest rituals is struggling to recover, even as COVID-19 capacity limits are lifted. Like many other sectors, the longer-term survival of movie theaters is a huge …
LONG BEACH, CALIF. — LA Fitness has leased 33,987 square feet of space, which Best Buy formerly occupied at Marina Pacifica Shopping Center in Long Beach. The gym location is scheduled open in early 2022. Other tenants at the 296,954-square-foot shopping center include AMC, Ralphs, Nordstrom Rack, Barnes …
The Los Angeles City Council voted 11-2 Wednesday to require entrants to indoor venues including restaurants, malls, gyms, movie theaters and coffee shops to show proof of vaccination against Covid-19. There was little discussion about the vote during Wednesday’s council meeting, a contrast to when the matter was first …