Strategy

New York City -- Schneider Electric and the Lawrence Berkeley National Laboratory are collaborating to enhance the current demand response credit for the LEED (Leadership in Energy and Environmental Design) certification.

New York City -- Men’s Wearhouse will remodel more than 100 stores and open 20 to 30 new locations this year, Women’s Wear Daily reported.

This marks a big increase from last year, when 35 stores were remodeled, the report said.

Pittsburgh -- Teen retailer rue21 said that its fourth quarter net income increased 41% to $10.9 million from $7.7 million in the year-ago period. Net sales for the quarter increased 22.3% to $190.1 million, from $155.4 million. Same-store sales rose 1.5%.

Plymouth Meeting, Pa. -- Fameco Real Estate, L.P. announced that Yogurtland has signed two leases in New Jersey to kick off its store roll-out program.

The 120-unit yogurt chain will open a 1,300-sq.-ft. store at The Shoppes at Union Hill in Denville, N.J., and a 1,200-sq.-ft. store at Hamilton Marketplace in Hamilton, N.J.

The stores are expected to open in late spring/early summer.

Boca Raton, Fla. -- Woolbright Development announced that James R. Hurlock, Jr. has been named the property manager for its Palm Beach County properties.

Hurlock will be the liaison between the company and tenants and will be responsible for the overall maintenance and management of the shopping centers. He was previously was the director of property management for American Commercial Realty in West Palm Beach.

Cambridge, Md. -- Tarrytown, N.Y.-based  DLC Management Corp. announced that Advance Auto will open an 8,125-sq.-ft. store at Shoal Creek Mall in Cambridge, Md.

The retailer, which signed a 10-year with DLC, will join a newly opened Walgreens anchor at the 67,248-sq.-ft. shopping center.

Advance Auto is slated to open this fall.

Kansas City, Kan. -- OTB Destination, LLC announced that Chico’s and Soma Intimates outlet concepts will open at Legends Outlets Kansas City in June. Both concepts are new to the region.

Northbrook, Ill. -- Pine Tree Commercial Realty said that it has appointed Thomas Seurynck as VP acquisitions and due diligence.

Seurynck was previously a senior investment associate and credit/underwriting manager for Wrightwood Capital in Illinois.
 

Chicago -- Jones Lang LaSalle today Thursday that the firm is donating $1.25 million to the Japanese Red Cross to provide aid and relief following the Japan earthquake and Pacific Tsunami that have left a path of destruction in their wake.

Plymouth Meeting, Pa. -- Fameco Real Estate, L.P., announced that Sports Clips has signed five new leases in the Philadelphia region as part of its store roll-out campaign.

In December, Sports Clips’ first area store opened at Park East Plaza in Cherry Hill, N.J. It will be followed by store openings at the Nassau Pavilion in Princeton, N.J., The Shoppes at English Village in North Wales, Pa., Providence Town Center in Collegeville, Pa., and at the Marketplace at Neshaminy, in Bensalem, Pa., in 2011.