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5850 Canoga Avenue, Suite 650 • Woodland Hills CA 91367 • Tel (818) 710-6100 Fax (818) 710-6116 • www.newmarkmerrill .com
About NewMarkMerrill Companies
RANKED AS
ONE OF THE
COMMERCIAL
By the LA BusinessJournal in 2011.
2 011 N EWS L E T T E R
NewMarkMerrillCompanies AwardedMore Than 1MillionSq Ft in New Shopping CenterManagement Contracts
• More than 65Retail Assets
• California, Coloradoand Illinois
• More than 9 millionSquare Feet
Integrated approach includes:
• Development: a development team witha combined experience of more than 47 yearsin developing commercial retail projects.
• Acquisitions: expertise to evaluateexisting shopping centers or land fordevelopment within 24 hours, close quicklyand pay all cash.
• Property Management: completecenter maintenance operations, regular sitevisits, in-house property management team(more than 25 years of experience inretail management).
• Leasing: long term strategic planning,property acquisition, tenant leasing and pre-leasing, and tenant/contractor coordination.
• Financial Services: regular financialreporting and long term financial planning,including loan restructuring and refinancing.
• Design & Construction: control allaspects of structural development (tenantimprovements to total redevelopment).
• Marketing: cost-effective marketingprograms, including innovative on-sitepromotions and tenant assistance.
• City Redevelopment Agency:build relationships between thecommunity redevelopment agency,surrounding communities, and thecenter’s commercial uses.
NewMark Merrill Companies announces the additionof four new Property Management assignments.Totaling nearly 1.2 million square feet, these newadditions add to Newmark Merrill’s growing portfo-lio, which now boasts close to 10 million square feetunder its management.
The high profile Southern California and Illinois shop-ping centers are owned by affiliates of both WorldPremier Investments (WPI) and United AmericanProperties (UAP). John Young, President of UAP statessaid, “We are impressed with the core competenciesof NewMark Merrill to create and maintain longterm value, and find them to be a great match forour centers.”Grand Plaza – This 356,000+ square foot, 95 percentleased center is located along Highway 78 at LasPosas Road in San Marcos, CA. Tenants includeSprouts, Nordstrom Rack, Ross, Bed Bath andBeyond, Marshalls, Sports Chalet, Petco, LaneBryant, and Party City. Leasing for this property ishandled by Cushman & Wakefield of San Diego.
NewMark Merrill Companies Enters Sacramento Market
NewMark Merrill Companieshas been appointed tolead the management andredevelopment of SouthgatePlaza, a 365,000 squarefoot neighborhood shopping
center in Sacramento, CA. The Sacramento center is ownedby Wrightwood Capital. The first order of business will callfor a comprehensive repositioning effort for the entire center.The center is home to many retailers,such as McDonald’s, Taco Bell, 99Ranch Market, Chase Bank, BaskinRobbins, and HomeTown Buffet, alongwith many others.Southgate Plaza was once adominant center in Sacramento,located at the intersection of FlorinRoad and Franklin Avenue. NewMarkMerrill’s repositioning efforts will
include implementing an aggressive lease-up plan for bothlarge boxes and small in-line shops.In addition, the County of Sacramento has demonstratedsignificant support to the Florin Corridor. Marketing andpromotions will play a large part in the rebranding of thisasset back to its community.“Southgate Plaza is the type of retail asset that should standthe test of time. It has excellent demographics, it is on one
of the major intersections inSacramento, and has a long trackrecord of being the center of thecommunity. NewMark MerrillCompanies also has a long trackrecord of taking assets likeSouthgate and helping themsurpass their prior successes.” SaidSandy Sigal, CEO and Founder ofNewMark Merrill Companies.
Nordahl Marketplace – Also located along Highway 78 atNordahl Road in San Marcos, CA, is this 96 percent leased and315,000+ square foot center that houses Wal-Mart, Kohl’s,Guitar Center, Payless Shoes, Starbucks, and several others. Builtin 2003 and remodeled in 2007, this center’s leasing is handled
by Cushman & Wakefield.Heritage Plaza – At 119,000 squarefeet, Heritage Plaza is located alongArlington Avenue in Riverside, CA.This center is home to many retailersincluding Smart and Final Express(Opening Soon), Starbucks, Rent ACenter, and RadioShack. ColliersInternational handles the leasing forthis property.
Peru Marketplace – Located at Route 251 and La Salle in Peru, IL, isthis 362,463 square foot center. The center is home toWal-Mart,GameStop, Kohl’s and PetSmart, along with many more.
“We are thrilled to be involved with all four of these assets,” saidJohn Hickman, Managing Director of NewMark MerrillCompanies. “We look forward to applying our brand of man-agement and marketing to best position these centers to thrive inthis market.”
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NewMark Merrill Companies recognizesemployees for their commitment to excellence.
2010PROPERTYMANAGEROF THE YEAR:LUKE MCFETRIDGE
PROPERTY MANAGEMENTQ UA RT E R LY AWARD S :Jackie UtuFirst Quarter 2010
Julie TregerSecond Quarter 2010
Natalie ChavezThird Quarter 2010
Natalie ChavezFourth Quarter 2010
NewMarkMerrill Ramps UpWith NewProperty ManagementContracts Adding an Additional329,708 to Their Growing Portfolio.
COMMITMENT TO EXCE L L ENCE
F I F T E EN Y EAR EMP LOY E E :Jessica RamirezController
NewMark Merrill Companies is proud to announce theaddition of three new centers totaling 329,708 squarefeet of new property management contracts. “Now, morethan ever, NewMark Merrill’s integrated management,leasing, marketing and accounting expertise is helpingthose centers it owns and manages to outperform themarket and put them in position to thrive.” Said SandySigal, President and CEO of NewMark Merrill.
New additions include:•Del Amo Plaza is a 58,126 square foot shoppingcenter located at 11877 Del Amo Blvd. in Cerritos, CA.Its anchors include Starbucks and Bally Total Fitness.
•Park Plaza on Maine Shopping Center is a154,219 square foot shopping center anchored bySubway, El Pollo Loco, CVS/pharmacy, and SuperiorGrocers (Coming Soon). It’s conveniently located at14483 Ramona Blvd. in Baldwin Park, CA.
•Santa Maria Commons is located at 2401 S.Broadway Blvd. in Santa Maria, CA. The flagships of this117,363 square foot center are Kohl’s and Rite Aid. NewMark Merrill Companies has been award-
ed the contract for property management of the154,400 square foot Glendale Marketplace.Located just off the 134 freeway, across fromAmericana at Brand and Glendale Galleria,Glendale Marketplace offers an eclectic blend ofshopping and dining. Some of their tenantsinclude Old Navy, Starbucks, GNC, OutbackSteakhouse,MannTheatres,andColdstoneCreamery.
With the expertise of their newManaging Director and Principal,Graham Allchorn, NewMark MerrillDevelopment Partners has expandedits ability to get involved in deals fromsmall single tenants, to fast food, andto large anchored centers of 500,000square feet or more.
As NewMark Merrill Companies sur-passes 65 assets totaling $1 billion in
value, they look to increase their focus on development,tenant expansion, and added value opportunities. NewMarkMerrill Development Partners will concentrate on:
• Repairing failing development deals for lenders or investors.
• Opportunities in cities needing an experienced developer withaccess to capital.
• Tenant generated opportunities for tenants looking toexpand their store base.
• Underutilized shopping centers with redevelopmentopportunities.
• Advisory work for institutions, tenants, and cities look-ing for strategic vision, liquidity, and/or developmentexperience.
“Graham Allchorn has been involved with more than 50deals in a 10 year span, in good markets and bad, andwill benefit from NewMark Merrill Companies’ platformof 10,000,000 square feet of retail space in California,Colorado and Illinois,” said Sandy Sigal, CEO andFounder of NewMark Merrill Companies. Both JimPatton and Sandy Sigal previously worked with Allchornat West Venture, while Sigal was CEO of the company.
“We are very excited to work on GlendaleMarketplace,” said Sandy Sigal, CEO andFounder of NewMark Merrill Companies.“Surrounded by the finest retailers in thisincredible community, this site is a greatopportunity to apply our redevelopment tal-ents. This project will become the jewel of thesurrounding community and we look forwardto being part of that success.”NewMark Merrill Companies is prepared toinvest heavily in Glendale Marketplace inorder to provide the best shopping experi-ence for its patrons. Originally completed in1998, the center features a paseo walk,pleasant outdoor seating, and a beautifullylandscaped environment.
NewMark Merrill Mountain StatesAppointed the New Management Firmfor Three of Panattoni Development
Company’s Colorado Centers
Twin Peaks Mall, located in Longmont, is a 550,000 square foot mall andis home to more than 40 retailers, including Sears, Victoria’s Secret, and Zales.
Harvest Junction North & South are two centers located directly across the street from oneanother, just East of US Highway 287 in Longmont. They total 335,375 square feet and are home
to Lowes, Bed Bath & Beyond, Petco, Dick’sSporting Goods, Staples, Walgreens Drug Store,Best Buy, DSW Shoe Warehouse, and severalother major tenants.
Allen Ginsborg, NewMark Merrill MountainStates’ Managing Director and Principal pro-cured this management assignment. “ThePanattoni assignment is part of our growingpresence in Colorado,” Said Ginsborg. “I’meager to lead this effort.”
T EN Y EAR EMPLOY E E :Paula MandelAccounting Clerk
F I V E Y EAR EMPLOY E E S :Holly GrzywaczDirector of Development, LRG
Angelito EusebioProperty Accountant
Don ChappellProperty Accountant
Keith CoffmanSenior Project Manager
Mark MorserAssistant Controller
Carol JohannesenSenior Property Manager
NewMarkMerrill Companies Welcomes Glendale Marketplace
Graham Allchorn Teams Up with NewMarkMerrill Companiesto Form NewMarkMerrill Development Partners
Graham Allchorn
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ACQUISITIONS &DEVELOPMENTS:
404,471 Sq. Ft.,Melrose Park, IL
If you are interested in one ofour locations, please contact:Brad Pearl or Jim PattonTel: 818-710-6100Fax: [email protected]@newmarkmerrill.com
SIGNED LEASES:
12,900 Sq. Ft.,Victorville, CA
Fresh & Easy NeighborhoodMarket Opens at El Cajon Town& Country Shopping Center
NewMark Merrill Mountain Stateshas announced its latest acquisi-tion, Arvada Marketplace East.This 164,611 square foot shop-ping center is located at theNortheast quadrant of I-70 andWadsworth Boulevard in Arvada,CO. The purchase of thisproperty was done inpartnership with a privatefamily investment trust.“Our CEO, Sandy Sigal,and I first indentifiedArvada Marketplace East as anacquisition candidate over sevenyears ago on the way to a ski trip.During the recent real estate boom,the property’s price ran up tounsustainable levels, but we’vealways believed it is the ideal
NewMark Merrill Companies contin-ues its impressive retail growth,signing a lease with Fresh & Easy
Neighborhood Market for a 15,000 square foot storeat El Cajon Town & Country Shopping Center. The newFresh & Easy grocery store is the catalyst for a $3million renovation of the property. The site is situ-ated along a vibrant retail corridor in the denselypopulated city of El Cajon.
The 53,000 square foot center’s facelift began inMarch 2010, after all approvals were finalized fromthe city of El Cajon. The project was completed andthe grand opening was in February 2011. The reno-vated center features Fresh & Easy and Rite Aid as itsanchor tenants and is currently 96 percent leased.
Sandy Sigal, Founder and CEO of NewMark Merrillsaid, “NewMark Merrill Companies has completedseveral other deals with Fresh & Easy and we arethrilled to have their commitment to anchor thiscenter as the focal point for our repositioning of thisgreat property.”
candidate for our repositioning andredevelopment tools and experience.By being patient and holding to ourpricing discipline, we were able toacquire the property at an excellentcost basis, which is the perfect foun-dation to turn the center around andcreate a winning project for theArvada community and our portfolio,”said Allen Ginsborg, ManagingDirector and Principal for NewMarkMerrill Mountain States.NewMark Merrill Mountain States will
reposition the shoppingcenter, which was43 percent vacantupon acquisition,but is now 57 per-cent leased due tothe recent lease of
26,744 square feet to Big TimeTrampoline Fun Center. The companyintends to upgrade the original build-ings, affix additional signage, andadd at least two major anchors.
Arvada Marketplace JoinsThe NewMarkMerrill Portfolio
365,000 Sq. Ft.,Sacramento, CA
THANKSFOR THE TIP!
On the Staples lease at AnaheimTown SquareBob Pratt, R.L. Pratt & AssociatesOn the Fitness 19 lease atMission MarketplaceJohn Jennings, Cushman & WakefieldOn the Happiness Nails lease atMission MarketplaceRandy Dalby, Lee & AssociatesOn the dd’s Discount lease atSan Marcos VillageNancy Johnston, Epsteen & AssociatesOn the White Dragon and Geico leasesat Terra Nova PlazaJohn Still and David Silverman,Flocke & AvoyerOn the T-Mobile lease at El CajonTown & CountryMatt Moser, Retail InsiteOn the Boost Mobile lease at El CajonTown & CountryDavid Bradley, Cushman & WakefieldOn the Skechers lease atHawaiian GardensLeslie Mayer, Cushman & WakefieldOn the Massage Heights leaseat Piazza CarmelJon Horning, Flocke & Avoyer
NewMarkMerrill TeamContinues to Grow
Lynda TheinExecutive Assistantto Sandy Sigal
Kathy FarrProperty Manager
Anna LutzProperty Manager
Elizabeth RowenCollections Manager
Christine ChaffeeAccounts PayableAssistant
Chris PorterProperty Manager
Graylon ClaytonProperty Manager
Denise ClarkExecutiveAssistant
Richard HarrisonPropertyAccountant
Andrew CowanAssistant PropertyManager
Lauren WoodingProject ManagerLandMark RetailGroup
Julie AustinPropertyAccountant
Josie AquinoPropertyAccountant
Veronica CasillasBusinessDevelopmentCoordinator
Kari AndersonMarketingAssistant
Diana ValdezMarketingAssistant
Lori GiggeyMarketing/SpecialtyLeasing Manager
Tesha GatewoodPropertyAccountant
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LakeM
ichig
an
San Juan Capistrano
Santa Maria
Sacramento
Peru
Glendale
N E W M A R K M E R R I L L C O M PA N I E S P O R T F O L I O • 2 0 11
LOS ANGELES COUNTY, CAShopping Center Sq. Ft. LocationCarson Town Square 59,783 CarsonDel Amo Plaza 58,126 CerritosFood 4 Less 50,254 WilmingtonThe Gardens 52,892 Hawaiian GardensGateway Plaza 17,389 Pico RiveraGlendale Marketplace 154,400 GlendaleLevitz 202,386 HawthorneManhattan Place 56,198 Manhattan BeachNorwalk Town Square 241,500 NorwalkNorwalkWal-Mart 111,830 NorwalkPark Plaza on Maine 154,219 Baldwin ParkTarzanaVillage 50,136 TarzanaWestridge Shopping Center 63,529 Canoga ParkFresh & Easy/ Big Lots 49,500 Whittier
SACRAMENTO, CAShopping Center Sq. Ft. LocationSouthgate Plaza 365,000 Sacramento
SANTA BARBARA COUNTY, CAShopping Center Sq. Ft. LocationSanta Maria Commons 117,363 Santa Maria
VENTURA COUNTY, CAShopping Center Sq. Ft. LocationJanss Marketplace 455,250 Thousand OaksParaíso at DosVientos 72,031 Newbury ParkThousand Oaks Marketplace 155,000 Thousand OaksTri-Party 11,146 Thousand Oaks
ORANGE COUNTY, CAShopping Center Sq. Ft. LocationAnaheim Town Square 378,271 AnaheimBristolWarner Marketplace 121,679 Santa AnaBristolWarnerVillage 82,671 Santa AnaCypress Center 42,263 CypressSanta Clara Plaza 30,000 Santa Ana
RIVERSIDE/SAN BERNARDINO COUNTIES, CAShopping Center Sq. Ft. LocationArlington Square 98,742 RiversideCitrus Village II 156,000 CoronaCountry Club Marketplace 99,500 Chino HillsEl Evado Plaza 12,900 VictorvilleFoothill Plaza 30,001 Rancho CucamongaHeritage Plaza 119,000 RiversideThe Marketplace on Grove 207,000 OntarioRialto Town Center 239,552 RialtoUniversity Village 178,020 RiversideUpland Town Square 104,565 Upland
SAN DIEGO COUNTY, CAShopping Center Sq. Ft. LocationCaminoVillage 34,602 Mira MesaChula Vista Crossings 183,173 Chula VistaEl Cajon Town & Country 53,000 El CajonLake ElsinoreValley Center 68,838 Lake ElsinoreGrand Plaza 356,000 San Marcos
Felicita Town Center 126,502 EscondidoLakeside Plaza 42,130 LakesideMesa Town Center 140,438 San DiegoMission Marketplace 344,009 OceansideNordhal Marketplace 315,000 San MarcosNorthglenn Marketplace 76,157 NorthglennPiazza Carmel 137,609 Carmel ValleyPoway Crossings 114,811 PowayProspect Plaza 26,336 La JollaRancho Mirada 18,814 San MarcosSan MarcosVillage 96,606 San MarcosThe Shops at Spectrum 13,240 San DiegoTerra Nova Plaza 310,000 Chula VistaTri-City Crossroads 147,000 OceansideUniversity Avenue 53,723 San DiegoVilla Del Norte 19,702 La Jolla
COLORADOShopping Center Sq. Ft. LocationArvada Marketplace 164,611 ArvadaBroomfield Plaza 105,064 BroomfieldCitadel Crossing 470,000 Colorado SpringsFort Collins Marketplace 80,276 Fort CollinsHarvest Junction N & S 335,375 LongmontTwin Peaks Mall 550,000 LongmontWaneka Marketplace 93,699 Lafayette
CHICAGO, ILShopping Center Sq. Ft. LocationPeru Marketplace 362,463 PeruStratford Crossing 358,385 BloomingdaleWinston Plaza 404,471 Melrose Park
NewMark Merrill Companies develops, acquires,manages and leases commercial retail shoppingcenters throughout California and surrounding states.
NewMark Merrill property portfolio:
5850 CanogaAvenue,Suite 650Woodland Hills CA 91367Tel (818) 710-6100Fax (818) 710-6116www.newmarkmerrill.com
Santa Barbara County • Ventura County • San Fernando Valley • Los Angeles County • Orange County • San Diego County • Colorado • Chicago