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NewMark Merrill Announces New University Village Leases

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Riverside -- NewMark Merrill Companies continues to attract new tenants to University Village, located just off the 215 freeway. NewMark Merrill companies has already leased over 27,000 square feet of retail space this year at the Riverside shopping center. University of Riverside (UCR) added 21,672 square feet to expand its educational services. Darren Bovard, NewMark Merrill Companies Director of Leasing, represented the landlord. Cali Basil & Oven signed a 7-year lease for the 2,589 square foot space located near 7- Eleven. Mark Gallucci, NewMark Merrill Companies Senior Leasing Associate, represented the landlord. Cali Basil & Oven specializes in Vietnamese cuisine.

Fire and Ice Land signed a 5 year lease for the 1,795 square feet location at the pad building on the west side of the center near T-Mobile. Mark Gallucci with NewMark Merrill Companies represented the landlord. Fire and Ice Land specializes in Asian American style cuisine. Haagen Dazs signed a 5-year lease for the 1,100 square foot space located near Quiznos. Mark Gallucci, NewMark Merrill Companies Senior Leasing Associate, represented the landlord. Haagen Dazs specializes in ice cream.

University Village Shopping Center is a 178,020 square foot outdoor community center. Other tenants include Regency Theatres, Starbucks, Fatburger, Rubio’s, Quizno’s, Service Plus Credit Union and Juice It Up.

University Village is part of a portfolio of over 67 shopping centers that the company owns or manages. NewMark Merrill Companies has the unique ability to draw from over 25 years of experience to provide a higher level of property management, development and asset management services for its clients. NewMark Merrill Companies has ranked among the top 20 Largest Property Management Firms and Top 10 Largest Commercial Real Estate Developers from 2007-2011 by the LA Business Journal. In addition to Woodland Hills, regional offices are located in Orange County, Ventura County, San Francisco, San Diego County, Colorado and Illinois. The company currently owns and/or operates over 60 shopping centers in three different states representing over 8 million square feet and over $1 billion in value. The Company owns LandMark Retail Group, a preferred developer for CVS Pharmacy which is developing new stores throughout California.

For more information about NewMark Merrill Companies, contact Marketing Coordinator, Danielle Bovard at 818-710-6100 or dlbovard@newmarkmerrill.com or visit www.newmarkmerrill.com.

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