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Strategy

  • McAlister’s Deli names franchise vet chief development officer

    Alpharetta, Ga. – McAlister’s Deli has named Jeff Sturgis as chief development officer. Sturgis has more than 17 years of experience in the franchise industry, including working as a consultant as well as senior management and development positions with Fantastic Sams Hair Salons and Focus Brands.

    Sturgis will lead development functions including franchise sales, real estate, store design and construction.

  • CBRE Group appoints global president of capital markets

    Los Angeles — CBRE Group has appointed Chris Ludeman global president of Capital Markets.

    Ludeman will oversee the global growth and integration of CBRE’s Capital Markets Service business line, which includes Investment Sales, Debt & Structure Finance and Capital Advisors activities worldwide, working with CBRE’s Capital Markets leaders around he world.

    A 33-year veteran of CBRE, Ludeman most recently served as president of the Capital Markets business in the Americas.

     

  • SMI expands with new senior ops manager

    East Moriches, N.Y. -- Solutions Management, a leading national retail and corporate maintenance company, announced the appointment of Michael DiTaranto as its new senior operations manager.

  • Fiesta taps AMTdirect’s real estate management expertise

    Charlotte, N.C. — Fiesta Restaurant Group has selected the AMTdirect software platform to manage its portfolio of more than 300 company-owned and franchised locations in the U.S. and Latin America.

    AMTdirect’s integrated platform will streamline processes, consolidate real estate data across the business and provide Fiesta with a 360-degree view of its entire portfolio.

  • Home Depot names CVS exec to board

    Atlanta -- The Home Depot has appointed CVS executive VP and chief healthcare strategy and marketing officer Helena Foulkes to its board of directors.

    Foulkes, 49 will be a member of the Finance and Leadership Development & Compensation Committees.

     

  • Jerry Bob’s Restaurant expands in Tucson

    Tucson, Ariz. — Jerry Bob’s Restaurant plans to open its 15th restaurant in the Tucson area — in River Crossing. JB Restaurants V, the franchisee, will own the 2,400-sq.-ft restaurant that is slated to open in January 2014.

    Commercial Retail Advisors www.cradvisorsllc.com represented the Landlord, La Cholla and River Road Associates, and CBRE represented JB Restaurants.

     

  • Forest City acquires Macy’s Home Store at Ballston Common

    Arlington, Va. — Forest City has acquired Macy’s Furniture Store building at the Ballston Common Mall from Macy’s. Forest City, the owner, developer and manager of the mall, plans to redevelop the property and add mixed uses including residential and office. The Home Store, which is connected to the mall on three levels, is the first step in the redevelopment.

  • Bon-Ton appoints Spencer exec to board

    York, Pa. - The Bon-Ton Stores, Inc. board of directors has unanimously elected Steven Silverstein to its board, effective immediately. Silverstein will serve on the Human Resources and Compensation Committee.

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