Content about Private law

July 7, 2014

PetSmart investor Longview Asset Management LLC, Chicago, has joined activist investor Jana Partners in calling for the retail chain to consider a sale.

June 24, 2014

▲ Understand the assets covered by your leases: Taken together, leases are more than just one of a chain’s largest costs — they are the largest fixed expense, and they are fixed for the long term. As a rule, individual leases average seven to 10 years.

“Understanding that is critical,” said Michael P. Glimcher, chairman and CEO, Glimcher Realty Trust, Columbus, Ohio. “For a cost so large, you should have a strong knowledge about the assets covered by your leases.”

June 11, 2014

Target Corp. announced at its annual meeting on Wednesday that the company’s shareholders re-elected its entire 10-member board of directors. Shareholders also approved the company’s executive compensation plan.

May 29, 2014

Skincare specialist Infinite Beauty has leased its first New York City location at 1031 Third Avenue and 61st Street, according to Faith Hope Consolo, chairman, and Joseph Aquino, executive VP of Douglas Elliman’s Retail Group, which represented both the landlord and tenant in the transaction.

May 12, 2014

Build-A-Bear Workshop said that Michael Shaffer has been appointed to the company’s board of directors.

May 9, 2014

L.L.Bean Inc. has appointed two new independent directors to its corporate board.

May 2, 2014

Mike George likes to say that his company is in the retail real estate information business. “Our clients buy, sell and lease retail real estate,” said George, principal and president of Oakbrook Terrace, Ill.- based Mid-America Real Estate Group. “Clients that buy and sell real estate rely on us for information that helps them make the best business decisions. When clients hire us to manage and lease shopping centers, they want our information-based decisions.”

May 1, 2014

Editor’s Note: The 25th annual survey of Fastest-Growing Managers surveys new domestic and international third-party management and leasing contracts obtained during the 2013 calendar year and ranks the top performers. As always, the measuring stick is square footage.

April 29, 2014

REI's members recently elected two new directors to represent their interests on the co-op's board of directors.

April 23, 2014

Wal-Mart Stores, Inc. announced Wednesday that its former president and CEO Lee Scott will not seek re-election to the company’s board of directors.

March 27, 2014

Divaris Real Estate has announced the signing of two new leases for a combined 7,700 sq. ft. and one lease renewal for 3,612 sq. ft. in the greater Richmond area.

March 13, 2014

Stephen Smith, former co-CEO of the Toronto-based restaurant chain owner and operator Cara Operations Limited, has been elected to the CST Brands' board of directors.

March 10, 2014

The Wet Seal Inc. has appointed Deena Varshavskaya, Nancy Lublin and Adam Rothstein as new independent members of the company’s board of directors.

February 7, 2014

Ingenuity Development has entered into a strategic alliance with a New York Stock Exchange-traded Real Estate Investment Trust (REIT) to combine forces on joint venture opportunities for retail and mixed-use projects in the Mid-Atlantic and the Southeast.

February 7, 2014

Levin Management inked 27 new leases and lease renewals totaling more than 190,000 sq. ft. over the past several months.

January 14, 2014

Best Buy Co. announced the appointment of Thomas L. "Tommy" Millner to its board of directors.

November 26, 2013

Dollar General, Lily’s As Seen on TV, Sunrise Pizzeria and General Nutrition Corporation have all signed leases for retail space in Virginia, according to Divaris Real Estate, which represented the shopping centers in the transactions.

November 22, 2013

Mid-America Real Estate Corp.’s Net Lease Investment Group recently brokered the sale of a two-tenant 88,000-sq.-ft. retail building leased to Big Lots and Home Owners Bargain Outlet in Crest Hill, Ill.

November 18, 2013

Angela F. Braly, 52, has been named to the Lowe’s board of directors, with a term expiring at Lowe’s 2014 annual meeting of shareholders.

November 11, 2013

Women account for 18.4% of directors serving on the boards of the world's largest retail and consumer products companies globally, according to the latest Corporate Women Directors International (CWDI) report on Women Board Directors of Top Retail and Consumer Products Companies Globally.

November 11, 2013

Retro Fitness and Chipotle have signed long-term leases at West Orange Plaza in West Orange, N.J., according to Levin Management, which represented the landlord in the transaction.

October 2, 2013

SRS Real Estate Partners www.srsre.com has opened the doors to a new office in Birmingham, Ala.

September 24, 2013

Jones Lang LaSalle has announced the appointment of Justin Greider to its Florida retail leasing business.

September 24, 2013

VeriFone Systems, a leading global secure electronic payments provider, named Paul Galant as CEO and elected him to its board of directors, effective Oct. 1.

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