WOODLAND HILLS, CA – LandMark Retail Group (LRG), a subsidiary of NewMark Merrill Companies, has kicked off 2011 in strong fashion with the completion and opening of three new CVS/pharmacy stores in California. This continues its success with CVS/pharmacy (top left photo) after opening five stores in 2010 and seven in 2009. LRG, the CVS preferred developer since 2005, continues its development from Greater Los Angeles County and the Inland Empire through Central California, the Central Coast and into San Francisco and the Greater Bay Area of Northern California with new stores slated to open throughout the State in 2011 and beyond.
On Sunday, January 23, 2011, LandMark Retail Group opened two new stores in Los Angeles and one new store in San Francisco. The first store is located in downtown Los Angeles at the corner of Figueroa Street and 32nd Street just one block north of the University of Southern California campus and across the street from the Galen Center.
Next, LRG opened a store at the corner of Roscoe Blvd. and DeSoto Avenue in the Winnetka submarket of the San Fernando Valley in Los Angeles.
In addition to these three stores, LRG is currently developing six new CVS/pharmacy stores with openings scheduled throughout the year.
“Our significant experience acquiring and developing in high density markets with difficult barriers to entry has positioned LandMark Retail Group to assist retailers in executing their growth objectives in these sought after markets.”
“We are excited to open these stores in areas that can greatly benefit from the services we provide,” said Mark Miller, Regional Vice President of Real Estate, CVS CareMark Corporation. “We are committed to identifying areas that are underserved with health and pharmacy services.”
Contact:
David Ebeling, Ebeling Communications, (p) 949.861.8351,
(c) 949.278.7851, david@ebelingcomm.com
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