Real Estate & Construction  November 5, 2010

Tough task: Manage life into Twin Peaks Mall

LONGMONT – The man charged with turning around the fate of the struggling Twin Peaks Mall in Longmont said a quick rebound is not likely, and he will focus on boosting holiday sales and improving the tenant mix while new management creates a long-term plan.

NewMark Merrill Mountain States LLC, the Fort Collins-based division of NewMark Merrill Cos. LLC of Woodland Hills, Calif., took over the mall Oct. 1. The company was selected by owner Panattoni Development Co. to manage the mall and create a long-term vision plan.

NewMark Merrill managing director Allen Ginsborg, who works out of Fort…

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