NewMark Merrill Companies San Diego Division Celebrates 20 Year Anniversary; Portfolio hits $1 Billion in Market Value

 

Sandy Sigal

 San Diego, CA, April 24, 2023 – NewMark Merrill Companies, a Calabasas, California-based retail shopping center owner and development company, announced that May 2023 marks the firm’s 20-year anniversary of when the company opened its San Diego Division office to oversee the San Diego, Riverside and Orange County regions.

 

In 2003, NewMark Merrill’s founder Sandy Sigal partnered with John Hickman (Managing Director) to open and lead the region’s office in Oceanside, California. 

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John Hickman

Highlights of the company’s success with its San Diego Area Office:

 

• The San Diego Division has more than $1 billion in shopping centers under management in San Diego, Riverside and Orange Counties.
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• Operators (owner, manager, leasing) of 33 shopping centers across San Diego County, Orange County and Riverside County encompassing 3.3 million square feet of retail space.

Portfolio of more than 550 shopping center tenants across the San Diego Division portfolio, including Albertsons, Sprouts, Ralphs, Target, Walmart, Marshalls, Nordstrom Rack, PetSmart, ULTA, Dick’s Sporting Goods, Kohl’s, CVS, McDonalds, In-N-Out, Starbucks, and many others.

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• Involved in managing some of the areas most notable shopping centers:  Mission Marketplace in Oceanside, Grand Plaza in San Marcos, Piazza Carmel in Carmel Valley, Terra Nova Plaza in Chula Vista, Nordahl Marketplace in San Marcos, University Square in San Diego, Rancho Bernardo Village in Rancho Bernardo, and El Cajon Town & Country in El Cajon.

Terra Nova Plaza, Chula Vista, CA

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• Recently started construction of Melrose Landing, a two-tenant development leased to Wendy’s and Dutch Bros. in Vista, California
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• Active supporter of several community organizations including Operation Game On which supports combat injured veterans.

“Despite headwinds in the market, key leasing and sales metrics in our San Diego Division portfolio has remained very strong,” said Hickman.

 

 “We are confident that we will meet any industry challenges that might come our way as we remain focused on helping our merchants and properties meet consumer entertainment, dining, retail and services needs.”

 

CONTACT:

David Ebeling

Ebeling Communications

949.861.8351

949.278.7851 (Cell)

david@ebelingcomm.com

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