When you love shopping centers, it shows.
Doing retail better. This mantra has guided NewMark Merrill over the last 40 years: through changes, challenges, varied economies and industry disruption. We hold true to our core beliefs of connecting with communities, creating authentic environments of unsurpassed opportunity for tenants and sharing our passion for retail real estate with innovative team members.
With offices in Denver, Los Angeles, Sacramento, San Diego and Chicago, NewMark Merrill owns and manages more than 11+ million square feet of retail assets comprised of over 2,000+ tenants across 90 cities.
90 cities & growing
As a boutique-sized firm, we offer both the benefit of large portfolio economies of scale paired with agile decision making capability and individualized attention from senior leadership.
By combining close relationships with communities, hands-on engagement with our merchants and shoppers, and industry leading investments in technology and data collection, we provide the insights that help ensure our tenants have the tools to succeed in our centers.
11M+ SF of retail assets
The combination of understanding the communities we serve and world class technology allows us to maximize value and create exceptional experiences that convert visitors into loyal customers.
Acquisitions & Development Leasing Property Management Marketing & Community Engagement
2,000+ tenants
When you love shopping centers, it shows.
PERFORMING & DISTRESSED ASSETS
NewMark Merrill is an opportunistic, value-add investor with greenfield, infill, redevelopment and stabilization/lease up expertise. Achieving enduring, trusted relationships with municipalities, partners and investors is paramount to our development approach.
POWER CENTERS, COMMUNITY CENTERS, GROCERY-ANCHORED, ENTERTAINMENT
We are actively seeking to acquire well-located and well-anchored retail centers with strong population growth and high barriers to entry. Offering significant dry powder capital which can be deployed under a variety of investment structures, which can include joint ventures, asset and property enhancement, or outright acquisitions, NewMark Merrill benefits from demonstrated financial transactional capacity and the ability to close quickly and efficiently.
GROUND-UP DEVELOPMENT / REDEVELOPMENT
MIXED-USE
When
To succeed in retail today, simply being located in a community doesn’t cut it. NewMark Merrill immerses in communities to form partnerships, encourage local business and enhance neighborhoods.
With a focus on established, scalable relationships with major national/regional retailers combined with the ability to select and successfully incubate local, owner-operated businesses, NewMark Merrill is adept at clearing property leasing hurdles.
in-house team can provide insights into tenant and guarantor financials, models of various lease structure scenarios and vetting of issues with potential new tenants. From those who are opening their first store to those who are leasing their next thousand, we treat each retailer as if our location will be their most important.
Additionally, NewMark Merrill’s proptech bench depth allows for the use of technology including aggregated online review trends, traffic count comparisons to a retailer’s other locations, and portfolio sales analysis to maximize ongoing occupancy.
By integrating leasing and management, we take an owner-centric approach to financially underwriting tenants and structuring lease terms, improving long-term outcomes compared to deals structured for a quick commission. This integration also allows for higher tenant retention, greatly reducing costly non-renewals. Via a streamlined merchant acquisition process, NewMark Merrill's boots-on-the-ground,
Properties are marketed with traditional approaches including major commercial MLS provider listings, robust signage, active networking and canvassing, as well as more modern approaches including social media, video-based tours and digital marketing.
A focus on established, scalable relationships and innovative incubation of emerging brands
Creating lasting, successful landmarks is at the forefront of NewMark Merrill’s approach to shopping center ownership and management. Because we are both third-party property managers and shopping center owners ourselves, we employ an owner’s mentality at every center. Our property management team doesn’t just check in on issues, we proactively engage with tenants, solve for both short-term and long-term success and avoid simply checking boxes.
NewMark Merrill employs shopping center experts, offering not only on the ground property touch points, but also full-scale accounting, reporting, leasing, marketing, construction and development teams.
We don’t just respond to requests. We form relationships with merchants, municipalities, vendors and neighbors allowing NewMark Merrill to better serve your property. While timely, accurate and thorough monthly reporting is baseline for a property management firm, our reports also include detailed sales collection and monthly tenant interviews providing insights into operations, merchant health and upcoming initiatives.
We are firm believers that in order to manage an asset, you need to understand it. To that end, we deploy technology to gather important data on footfall trends and online merchant sentiment.
creating lasting, successful landmarks
When you love shopping centers, it shows.
