NewMark Merrill Companies Announces New Tenants and the Refinancing of Janss Marketplace in ThousanFebruary 13, 2017
Thousand Oaks, CA (January 17, 2017) – NewMark Merrill Companies, a Woodland Hills, CA based retail shopping center development company, has refinanced the Janss Marketplace shopping center, a 458,000-square-foot neighborhood shopping center located on the North West corner of Moorpark Road and Hillcrest Drive in Thousand Oaks, CA. The new loan has been provided by Ladder Capital Finance LLC, facilitated by Ryan Jantzen and arranged by Bryan Gortikov of Gortikov Capital.
Janss Marketplace also welcomes two great tenants to the mix in 2017. ULTA Beauty will open in late 2017, signing a 10 year lease for over 10,900 sf. ULTA is the largest beauty retailer in the United States and the premier beauty destination for cosmetics, fragrance, skin, hair care products and salon services. Since opening its first store 25 years ago, ULTA Beauty has grown to become the top national retailer providing All Things Beauty, All in One PlaceTM. The Company offers more than 20,000 products from over 500 well-established and emerging beauty brands across all categories and price points, including ULTA Beauty's own private label. ULTA Beauty also offers a full-service salon in every store featuring hair, skin and brow services.
In addition, Janss recently signed a 10 year lease with Circus Trix for over 37,700 sf. Circus Trix is the one of the country’s largest operator of trampoline centers. This until will bring the thrill of extreme trampoline and aerial action that can be enjoyed by all ages. Circus Trix plans to open late 2017, for more on Circus Trix, visit their website at www.circustrix.com.
In 2016 The Dudes’ Brewery opened at Janss, offering a laid back atmosphere, where beer lovers can enjoy a brew poured from one of The Dudes’ 20 tap handles that include 3 nitro handles and 6 pilot-brew handles. They also offer brew on cask and one on Randall. And in November, Jan Chi Korean BBQ opened a new 5650sf. restaurant and has been receiving rave reviews on Yelp for their amazing creations. The English translation of the Korean word “Janchi” is to feast with family and friends,” which aptly describes Janchi Korean BBQ, they offer both table grill and grilled-in-kitchen service of freshly prepared foods. Janchi Korean BBQ is a self-grill restaurant that serves "PRMIE" choice meat and seafood. Each meal includes the traditional Banchan, the authentic side dishes served with a Korean meal. Janss features an outstanding tenant mix of key local, regional and national retailers including Regal Theaters, Toys R Us, Old Navy, Marshall's, Buca di Beppo and Burlington.
The center's location at the NWC of Moorpark Road and Hillcrest Drive with over 58,000 daily traffic counts in Thousand Oaks with 155,000 people in the trade area makes it one of the most desirable retail locations in Southern California. Thousand Oaks continually ranks as one of the safest U.S. cities for its size by FBI reporting standards. For more information about Janss Marketplace, visit www.janssmarketplace.net and on Facebook at www.facebook.com/JanssMarketplace.
About NewMark Merrill Companies
Janss Marketplace is part of a portfolio of over 86 shopping centers that NewMark Merrill Companies owns or manages. NewMark Merrill Companies, LLC, is owned by Chairman and Chief Executive Officer, Sandy Sigal. Since 1984, he has led NewMark Merrill in a community leadership role at the company's shopping centers in more than 45 cities throughout California, Colorado and Illinois. NewMark Merrill Companies works very hard to ensure that our shopping centers are successful for our tenants and the community. The Company is known for their innovative and creative marketing, organizing campaigns and community marketing in connection with the needs of individual tenants. In addition, NewMark Merrill takes its commitment to surrounding neighborhoods very seriously, often adopting local charities, both providing them with space to raise funds and awareness and providing direct funds through fund-raisers and other events. For more information about the center, visit janssmarketplace.net. For more information on NewMark Merrill Companies, contact Heather Danko, CMD at firstname.lastname@example.org or at 818-710-6100.