Finance & Capital Management

Leading third party logistics provider Transplace acquired fellow 3PL Logistics Management Solutions in a deal that extends the company’s expertise to chemical and industrial manufacturing.

Patrick Spear has joined GMDC as president to fill a role previously held by the organization’s long-time CEO Dave McConnell.  Spear brings 25-plus years of experience in the consumer and office products industry to GMDC’s senior management team.  

Bulbs.com, is set to help businesses save big when switching to energy efficient lighting products. 

A leading online lighting supplier is launching its new National Utility Rebate Program initiative to help qualifying commercial customers participate in available utility rebate incentives for lighting products throughout the United States.

Former Maidenform CEO Maurice Reznic was named Delta Galil’s CEO of women’s intimate apparel for U.S. and U.K. and president of its U.S. branch.

Walgreens reported October sales of $6.8 billion, an increase of 6.9% from the comparable year-ago period.  

New York City -- BlackRock Kelso Capital Corporation announced that it has completed a transaction with Gordon Brothers Group to launch Gordon Brothers Finance Company.  

Dallas --SRS Real Estate Partners has introduced San Francisco’s Investment Services Group, led by capital markets industry veteran Michael Federle. Federle has been hired as senior VP of the new team, which will be tasked with representing institutions, developers, and high-net-worth individuals in the sale, acquisition, and financing of quality real estate assets.



New York City -- SL Green Realty Corp. announced it has acquired the retail property located at 102 Greene Street for $32.25 million. The transaction marks the continued growth of the company’s prime retail property portfolio, which already includes several other assets in Manhattan’s SoHo retail district.   

Minneapolis -- Tuesday Corp. announced that it planned to close 11 stores as of Feb. 1, 2015, citing performance issues.  

In its 10th year, the Top Redevelopers survey continues to underscore the industry sea change from ground-up new-builds to redeveloping existing assets. Each year, the names of our Top Redevelopers may change, but their goals remain the same: maximize shopping center portfolios by keeping each asset current, vibrant and viable.