NewMark Merrill Companies ramps up with new Property Management Contracts totaling 385,712 SF

WOODLAND HILLS, CA – NewMark Merrill Companies, a retail development and full-service property management firm, is proud to announce the addition of five new Property Management contracts totaling 385,712 square feet, as an addition to its expanding list of clients.

The shopping center contracts include: Capistrano Collection, Del Amo Plaza, Santa Maria Commons, Park Plaza on Maine and Lemon Creek Village.

Del Amo Plaza (top left photo) is located at 11877 Del Amo Blvd. in Cerritos, Calif.. Del Amo Plaza is a 58,126 square foot shopping center anchored by Starbucks and Bally’s Total Fitness.

Lemon Creek Village is located at 352 N. Lemon Ave. in Walnut, Calif.. This 31,793 square foot shopping center features a Vons Supermarket, Blockbuster and Well Fargo Bank.

Park Plaza on Maine Shopping Center is located at 14483 Ramona Blvd. in Baldwin Park, Calif.. This 154,219 square foot shopping center is anchored by Subway, El Pollo Loco and Albertsons.

Santa Maria Commons (lower left  photo) is located at 2401 S. Broadway Blvd. in Santa Maria, Calif.. Kohl’s and Rite Aid are the anchors of this 117,363 square foot Center.

Capistrano Collection is a 24,211 square foot center located at 27184 Ortega Hwy. in San Juan Capistrano, Calif..

“For over 25 years, NewMark Merrill Companies has prospered in good and tough markets by know how to operating centers for long-term value,” said Sandy Sigal, President and CEO of NewMark Merrill Companies.

 “Now, more than ever, NewMark’s integrated management, leasing, marketing and accounting expertise is helping those centers it owns and manages to outperform the market and put them in position to thrive.

" It is worth noting that our overall occupancy still exceeds 94% even in the toughest real estate market in decades.”

With a portfolio of more than 44 shopping centers that the company owns or manages, NewMark Merrill Companies has the unique ability to draw from its over 25 years of experience to provide a higher level of property management, development and asset management services for its clients.

NewMark Merrill Companies has ranked among the top 25 Largest Property Management Firms and Top 10 Largest Commercial Real Estate Developers from 2007-2010 by the LA Business Journal.

In addition to Woodland Hills, regional offices are located in Orange County, Ventura County, San Francisco, San Diego County, Colorado and Illinois. The company currently owns and/or operates 44 shopping centers in three different states representing over 6-million square feet and almost $1 billion in value. The Company owns LandMark Retail Group, a preferred developer for CVS Pharmacy which are developing new stores throughout California.

Contact: David Ebeling, Ebeling Communications, 949.278.7851, david@ebelingcomm.com