FAQ: NewMark Merrill's Property Management Role at Carriage Square Retail Center

What is the main announcement in this content?

NewMark Merrill Companies has been named to oversee property management of Carriage Square, a 205,565-square-foot retail center in Oxnard, California that is currently 100% leased.

Where is Carriage Square located?

Carriage Square is located at 301 W. Gonzales Road on the Northwest corner of Oxnard Blvd. and Gonzales Road in Oxnard, California, minutes from the US 101 Freeway.

What services will NewMark Merrill provide as property manager?

NewMark Merrill will provide operations support, leasing, accounting, construction and development, and marketing services for Carriage Square.

Who is the President and CEO of NewMark Merrill Companies?

Sandy Sigal is the President and Chief Executive Officer of NewMark Merrill Companies and has led the company since 1987.

What major tenants are located at Carriage Square?

Major tenants include Lowe’s (occupying a 171,069-square-foot retail pad), KFC, IHOP, O’Reilly Auto Parts, 7 Eleven Convenience Market, Masters Donuts, and Pacific Oaks Credit Union.

How many shopping centers does NewMark Merrill now own and/or manage?

NewMark Merrill now owns and/or manages 110 shopping centers across California, Colorado, and Illinois, representing over 2,000 tenants and 13 million square feet.

Why is Carriage Square considered significant according to NewMark Merrill?

NewMark Merrill believes Carriage Square is integral to the Oxnard and Ventura County area, with Lowe’s serving as a catalyst for growth and other tenants supporting the region’s daily needs.

What is the history of Carriage Square’s development?

Carriage Square was developed in the 1960s and redeveloped in 2011, which included razing most structures, repositioning retail space, constructing new space, and creating the large retail pad for Lowe’s.

Where can I find more information about NewMark Merrill Companies?

For more information, please visit NewMarkMerrill.com.