Woodland Hills, CA (Sept. 1, 2011) – LandMark Retail Group (LRG), a subsidiary of NewMark Merrill Companies, has continued to grow with the completion and opening of six new CVS/pharmacy stores in California. This continues LRG success after opening six stores earlier in 2011, five stores in 2010 and seven stores in 2009.
LRG continues its development throughout California with new three stores slated to open throughout the State through the end of 2011 and 12 store opening projected in 2012.
In August, LandMark Retail Group opened two new CVS/pharmacy stores in the San Fernando Valley submarket of Los Angeles – North Hollywood and Encino. Opening on August 7, the CVS at the 98,000 ADT intersection of Camarillo Street and Lankershim Boulevard in North Hollywood, CA, was a conversion of a former grocery store building which had another retail use on site.
The following week, CVS/pharmacy converted a former 26,000 square foot bookstore and opened on August 14 in Encino on Ventura Boulevard and Hayvenhurst Avenue.
In addition to these two stores, LRG opened a store in July at the corner of 32nd and Clement in San Francisco (bottom right photo). This store fills a strategic location to service customers in the family oriented Seacliff community and Richmond District of San Francisco.
LRG is currently developing three new CVS/pharmacy stores with openings scheduled throughout the end of 2011.
“Through our work with CVS, LRG has made considerable inroads as a developer throughout California by controlling, entitling, and building numerous projects on highly sought after real estate in typically challenging trade areas and neighborhoods,” stated Jeremy Just (top right photo), Principal and Chief Executive Officer of LandMark Retail Group.
“By building close relationships with Cities, our tenants and their future customers, and offering creative solutions for all involved LandMark will continue successfully executing our clients’ growth objectives.”
Contact: David Ebeling, Ebeling Communications, (p) 949.861.8351
(c) 949.278.7851, david@ebelingcomm.com
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