FOR IMMEDIATE RELEASE
Media Contact: Meghan Dougherty (720) 560-0177; [email protected]
NEWMARK MERRILL MOUNTAIN STATES ANNOUNCES NEW WYATT’S WINE & SPIRITS, THE MELT AND SPORTS AUTHORITY STORES TO JOIN VILLAGE AT THE PEAKS
-Latest Retailer Announcements Bring Leasing Pipeline to Nearly 77% at Village at the Peaks-
LONGMONT, Colo. – August 20, 2014 – NewMark Merrill Mountain States announced today that Wyatt’s Wine & Spirits, Sports Authority and The Melt will join the tenant lineup at the new Village at the Peaks in Longmont.
Village at the Peaks, set to open fall 2015, is being developed by NewMark Merrill Mountain States on the site of the former Twin Peaks Mall in Longmont. Wyatt’s, Sports Authority and The Melt join merchant’s Sam’s Club, Regal Cinema with Premium Experience, Whole Foods Market, Gold’s Gym, Parry’s Pizza, Bad Daddy’s Burger Bar, Verizon Wireless and Pacific Dental.
This announcement brings the total number of retailers signed to 11 and total leased space to 333,350 square feet, with another 43,520 square feet of space currently under negotiation.
Recently announced tenants include The Melt, a popular West Coast eatery that is opening one of its first Colorado locations at Village at the Peaks, and Wyatt’s Wine & Spirits, a 24,000 square foot high- quality wine and spirits store. “Wyatt’s is a perfect complement to Whole Foods, because at almost twice the size of any existing wine merchant in Boulder County, they bring an unparalleled depth of assortment to attract customers from the entire region to the project,” said Allen Ginsborg, Managing Director and Principal of NewMark Merrill Mountain States.
“We look forward to Wyatt’s sponsorship of beer and wine tastings in the Village as part of the roster of exciting community events we are working on now.” added Ginsborg.
“Sports Authority, Wyatt’s and The Melt are ideal fits for the wide-ranging retail mix we are creating to meet the needs of shoppers in the Longmont region.” This announcement follows an August 1, 2014, groundbreaking and demolition celebration event at the site of the new Village at the Peaks, which was attended by over 300 community members Project Background
NewMark Merrill purchased the property in early 2012 and has been working with the City of Longmont in a public-private partnership to reinvent this well-situated property as a vibrant, modern retail environment located less than 10 minutes from Boulder’s high-tech employment corridor.
When it opens in fall 2015, the formerly enclosed mall will be transformed into an all-new, 480,000 square-foot retail destination that will showcase the exceptional mountain views of Longs Peaks to create a unique place to gather in this thriving Northern Colorado community in Boulder County. This open-air retail destination will offer unique shopping experiences, top-notch restaurants and state-of- the-art entertainment. The project will eventually represent more than $85 million dollars in total investment and generate more than 300 full-time jobs.
For leasing information, please contact: Ross Carpenter, 970-377-3230.
About NewMark Merrill
The new Village at the Peaks is a project of NewMark Merrill Mountain States. Based in Fort Collins, Colo., NewMark Merrill Mountain States was established in 2006 under the guidance of Managing Director and Principal Allen Ginsborg, an accomplished retail real estate professional and longtime Northern Colorado resident. Led by Ginsborg, NewMark Merrill Mountain States has continued to grow its approximately two million-square foot Colorado portfolio in the targeted areas of retail real state ownership, third party asset management and development.
NewMark Merrill Companies, under the leadership of founder and CEO Sandy Sigal, manages and/or owns a portfolio of more than 75 shopping centers in three states, representing over $1 billion in assets, 10 million square feet and 1,500 tenants. The Company has almost 30 years of experience in providing a high level of service in property management, development and asset management for its own account and long-term clients.
NewMark Merrill Companies has ranked among the 20 Largest Property Management Firms and 10 Largest Commercial Real Estate Developers from 2007-2011 by the Los Angeles Business Journal. The Company is based in Woodland Hills, Calif., with regional offices located in Orange County, Ventura County, Sacramento, San Diego County, Colorado and Illinois.
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