WOODLAND HILLS, CA – NewMark Merrill Companies, a retail development and full-service property management firm, is proud to announce the addition of four new Property Management assignments of 1,169,500 square feet, in addition to expanding its’ list of clients. The shopping centers include: Grand Plaza, Nordahl Marketplace, Peru Marketplace and Heritage Plaza.
The four high-profile Southern California and Illinois shopping centers are owned by affiliates of both World Premier Investments (WPI) and United American Properties (UAP). NewMark Merrill Companies retail portfolio now exceeds 8 million square feet under management including its owned assets.
This outstanding portfolio of Shopping Centers includes: Grand Plaza (top left photo) located along Highway 78 at Las Posas Road in the north county area of San Marcos, CA. The center totals more than 356,000 square feet. Tenants include Sprouts, Nordstrom Rack, Ross, Bed Bath and Beyond, Marshalls, Sports Chalet, Petco, Lane Bryant, Party City and many more. The center is 95% leased. Leasing for this property is handled by Cushman Wakefield of San Diego.
Nordahl Marketplace (middle right map) located along Highway 78 at the northwest corner of Highway 78 and Nordahl Road, also in San Marcos, CA. The center totals more than 315,000 square feet and is home to Wal-Mart, Kohl’s, Guitar Center, Payless Shoes, Burger King, Starbucks, Coldstone Creamery and several others. The center was built in 2003 and remodeled in 2007. The center is currently 96 % leased. Leasing for this property is also handled by Cushman Wakefield.
Peru Marketplace (lower right photo) is a 362,463 square foot center, located at Route 251 & La Salle in Peru, Illinois. The center is home to Wal-Mart, GameStop, Kohl’s and opening soon PetSmart to name a few.
Contact: David Ebeling, Ebeling Communications, (p) 949.861.8351, (c) 949.278.7851, david@ebelingcomm.com
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