RANKED THE Santa Barbara County • Ventura County • San Fernanado Valley • Los Angeles County • Orange County • San Diego County • Colorado • Chicago COMMERCIAL 2014 NEWSLETTER Sacramento Tulare Lancaster Simi Valley By the LA Business Journal in 2014 Woodland Glendale Hills Santa Maria NewMark Merrill launches NEW Technology Affiliate: About NewMark Merrill Companies 75 Hemet It’s no secret that our industry is changing in decade, working with numerous shopping center, office 10 many ways, as multiple trends are converging and residential property owners. BrightStreet is not only a that are destined to re-shape the brick and strategic investor in Datex Property Solutions, it is also mortar shopping center business. These trends working closely with the company to help it further Lake Michigan include the rise of e-commerce (Amazon), the enhance its system and grow its business with other real emergence of the Smartphone (Apple) and the estate portfolio operators. one-touch accessibility of all information (Google). The second venture that BrightStreet is focused on is a In response, NewMark Merrill Companies has merchant-to-consumer mobile marketplace called launched BrightStreet Ventures, a technology BlueList. When it launches later this year BlueList will 5850 Canoga Avenue, San Juan Capistrano affiliate focused on developing new technology enable merchants to systematically target, on a Suite 650 platforms that leverage our inherent advantages as daily basis, the customers that they most want to Woodland Hills, CA 91367 shopping center owners and managers. bring through the door. Tel (818) 710-6100 Peru BrightStreet is currently working on two ventures. The BrightStreet is led by Mark Sigal, the brother Fax (818) 710-6116 first is a business intelligence system that unifies the www.NewMarkMerrill.com of NewMark Merrill Companies CEO Sandy various “back office” processes of shopping center Sigal. In addition to a number of years of real estate owners and managers. This is the same technology that asset management experience, Mark also brings twenty years of NEWMARK MERRILL COMPANIES PORTFOLIO • 2014 powers NewMark Merrill’s breakthrough Real Estate Portal system. technology industry success, having launched five startups in the Datex Property Solutions, developer of NewMark’s portal, has areas of internet infrastructure, social media and mobile, with exits been refining its business intelligence system for the better part of a to IBM, Intel and Apple. A PEAK At Our New Retail Experience Coming Soon To Longmont, CO NewMark Merrill Companies develops, acquires, SANTA BARBARA COUNTY, CA SAN DIEGO COUNTY, CA Village at the Peaks, a new shopping center set to open in 2015 in Longmont, Colorado, has announced the signing of five manages and leases commercial retail shopping Shopping Center Sq. Ft. Location Shopping Center Sq. Ft. Location Santa Maria Commons 117,363 Santa Maria Chula Vista Crossings 183,173 Chula Vista new tenants for the project. In addition, Whole Foods Market at Village at the Peaks – the first Whole Foods Market in Longmont – centers throughout California, Colorado and Chicago. El Cajon Town & Country 53,000 El Cajon has increased the size of its planned location to more than 40,000 square feet, from the 30,000 originally announced. VENTURA COUNTY, CA Lake Elsinore Valley Center 68,838 Lake Elsinore Shopping Center Sq. Ft. Location NewMark Merrill Property Portfolio: Grand Plaza 356,000 San Marcos Janss Marketplace 455,250 Thousand Oaks The additional tenants are: Mesa Town Center 140,438 San Diego LOS ANGELES COUNTY, CA Thousand Oaks Marketplace 155,000 Thousand Oaks Mission Marketplace 344,009 Oceanside • Gold’s Gym – With more than 425 Shopping Center Sq. Ft. Location Tri-Party 11,146 Thousand Oaks 20th and K 107,016 Lancaster Nordhal Marketplace 315,000 San Marcos locations nationwide, Gold’s Gym TULARE, CA Carson Town Square 59,783 Carson Piazza Carmel 137,609 Carmel Valley will bring the “gold standard” in Shopping Center Sq. Ft. Location Crenshaw Imperial Plaza 303,869 Crenshaw Poway Crossings 114,811 Poway fitness to Longmont. Visalia Center 59,283 Visalia San Marcos Village 96,606 San Marcos Del Amo Plaza 58,126 Cerritos • Parry’s Pizza – Bringing New York-style pizza and Devonshire/Reseda 182,611 Northridge ORANGE COUNTY, CA The Shops at Spectrum 13,240 San Diego a national array of craft beer to Village at the Peaks Food 4 Less 50,254 Wilmington Shopping Center Sq. Ft. Location Terra Nova Plaza 310,000 Chula Vista The Gardens 57,485 Hawaiian Gardens Anaheim Town Square 378,271 Anaheim Tri-City Crossroads 147,000 Oceanside customers. Parry’s Pizza proudly serves customers in four Gateway Plaza 17,389 Pico Rivera Bristol Warner Marketplace 121,679 Santa Ana Villa Norte 19,702 La Jolla locations throughout Colorado. “These new retailers represent the initial breadth of experiences we look forward to bringing to the Longmont community,” says Glendale Marketplace 158,527 Glendale Bristol Warner Village 82,671 Santa Ana COLORADO • Bad Daddy’s Burger Bar – Diners love the way Bad Daddy’s Lancaster Plaza 107,322 Lancaster Allen Ginsborg, Managing Director and Principal of NewMark RIVERSIDE/SAN BERNARDINO COUNTIES, CA Shopping Center Sq. Ft. Location creatively blends local and artisan ingredients to create a Norwalk Town Square 241,500 Norwalk Merrill Mountain States. “From a high-quality fitness facility to Shopping Center Sq. Ft. Location Arvada Marketplace 164,611 Arvada truly customized gourmet burger experience. Bad Daddy’s Norwalk Walmart 111,830 Norwalk Arlington Square 98,742 Riverside Broomfield Plaza 105,064 Broomfield terrific burgers and more, Village at the Peaks is where the Park Plaza on Maine 96,219 Baldwin Park has created the burger bar experience in nine locations Citrus Village 28,708 Corona Citadel Crossing 470,000 Colorado Springs community will be able to spend time taking in mountain views, Tarzana Village 50,136 Tarzana nationwide, including the fashionable Cherry Creek Citrus Village II 156,000 Corona Fort Collins Marketplace 80,276 Fort Collins get fit, shop for fun or essentials, and enjoy excellent dining and Topanga Willows 9,809 Woodland Hills neighborhood in Denver. Corona Town and Country 58,129 Corona Harvest Junction N & S 335,375 Longmont state-of-the-art entertainment.” Westridge Shopping Center 63,529 Canoga Park Country Club Marketplace 99,500 Chino Hills Village at the Peaks 480,000 Longmont • Verizon Wireless – This will be Verizon Wireless’s fourth Fresh & Easy/ Big Lots 49,500 Whittier The five new Village at the Peaks tenants join Whole Foods Heritage Plaza 119,000 Riverside Westlake Village 157,000 Greeley Longmont location, making the mobile phone service Market (40,600 square feet), Regal Cinema with Premium SACRAMENTO, CA The Marketplace on Grove 207,000 Ontario CHICAGO, IL company even more accessible to area residents. Shopping Center Sq. Ft. Location Moreno Beach Plaza 22,669 Moreno Valley Shopping Center Sq. Ft. Location Experience (46,626 square feet), a first in northern Colorado, Commonwealth Square 141,310 Folsom Mt. San Jacinto Plaza 19,212 San Jacinto Peru Marketplace 362,463 Peru • Pacic Dental – This 3,500 square foot location will be and Sam’s Club (136,000 square feet). In addition, NewMark Elverta Crossing 119,998 Sacramento Page Plaza 349,000 Hemet Stratford Crossing 358,385 Bloomingdale Pacific Dental’s first office in Longmont. Pacific Dental has Merrill Mountain States has signed two additional anchor Southgate Plaza 365,000 Sacramento University Village 178,020 Riverside Winston Plaza 404,471 Melrose Park more than 275 offices in the southwest U.S., including three tenant leases, bringing the project to its current status of nearly Upland Town Square 104,565 Upland in northern Colorado. 70% leased. The newly-signed anchor tenants have prohibited disclosure of their names until the project’s groundbreaking. 5850 Canoga Avenue, Suite 650 • Woodland Hills, CA 91367 • TEL (818) 710-6100 • FAX (818) 710-6116 • www.NewMarkMerrill.com NewMark Merrill Companies Walmart Neighborhood Mission Marketplace Market opens-space available Brings Home the GOLD for Best 2013 Retail Project Expands for 2014 Hundreds of shoppers attended the April 2 Grand Opening of the Mission Marketplace, an existing 345,371 36,000-square-foot Walmart Neighborhood Market grocery store, square foot shopping center located on the located on the northeast corner of Ventu Park Road and Highway The Los Angeles Business Journal awarded NewMark Merrill efforts of Superior Markets, we believe that this remodel will ACQUISITIONS & corner of Highway 76 and College Blvd in 101 in Thousand Oaks, California. Walmart Neighborhood Market is designed as a smaller footprint store with a pharmacy, health and Companies Park Plaza on Maine the Gold level award as Los Angeles’ provide a great opportunity for the community to get a shopping DEVELOPMENTS: Oceanside, California, is on the rise for beauty products, affordable groceries and merchandise. “Best 2013 Retail Project.” The award was announced at the Los center which they can be proud of and which will be a long-term 2014. In 2013, Mission Marketplace became home to two new anchor Angeles Business Journal’s 19th Annual Commercial Real Estate Award asset to the neighborhood.” tenants, Ross Dress for Less and PetSmart, adding variety to the already At the Grand Opening, Walmart Neighborhood Market’s General ceremony in February, 2014. diverse shopping experience. Manager Jesus Corral welcomed guests and introduced the color Park Plaza on Maine, which is adjacent to the City Hall complex guard from local Boy Scout troops. Debbie Wohlers, Market Manager, NewMark Merrill Companies brought new life to Park Plaza on Maine, and Cruz Baca Metrolink Station, is a part of the City of Baldwin Ross Dress for Less signed a 10-year lease and opened for business in told shoppers, “We are excited to provide a new shopping option to a 165,000 square foot shopping center in Baldwin Park, California, Park’s vision to revitalize Baldwin Park’s Civic Center area by July 2013.