NewMark Merrill announces mall purchase and six management contracts

Woodland Hills, Calif. -- NewMark Merrill Cos. has announced the acquisition of Twin Peaks Mall in Boulder, Colo., as well as six new property management contracts totaling more than one million sq. ft.

The new property management assignments include six California centers: Simi Valley Town Center, Lancaster Plaza, Visalia Center, Topanga Willows, Paseo Marketplace in Thousand Oaks, and Page Plaza in Hemet.

The new property management contracts and Twin Peaks Mall acquisition brings NewMark Merrill’s retail portfolio to 10 million sq. ft. of combined owned and managed assets.

“These properties have fared well in the recent market downturn, and we will work with the ownership and merchants to continue this momentum,” said John Hickman, managing director, San Diego division of NewMark Merrill Cos.
 

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