Corporate Governance

Dallas - SRS Real Estate Partners welcomes T.J. Powell as first VP in the Austin office. He will focus on tenant and landlord representation.

Powell has four years of commercial real estate experience and joins SRS from Retail Solutions, where he focused on third-party project leasing and tenant representation.

Los Angeles — Brooke Lauter and Nadene Gallagher, two Southern California marketing executives known for creating successful branding and marketing solutions for corporate and entrepreneurial clients, have joined forces to form Lauter + Gallagher.  

Lynchburg, Va. — Five Below has signed a 7,732-sq.-ft. lease at Wards Crossing West shopping center in Lynchburg, Va. It will be Five Below’s first store in the Lynchburg trade area.

Divaris Real Estate’s Richmond office represented Five Below in the transaction. DRE is the exclusive representative for Five Below in southwest Virginia.

Oak Brook, Ill. — Inland Real Estate Income Trust has acquired two shopping centers in Texas, and Florida, in separate transactions: Mansfield Pointe Shopping Center in Mansfield, Texas, and North Hills Square Shopping Center in Coral Springs, Fla.

IREIT acquired the 148,529-sq.-ft. Mansfield Pointe for $28.4 million and the 63,829-sq.-ft. North Hills Square Shopping Center for $11.05 million.

Virginia Beach, Va. — Realty Resources has announced that several firms have joined the nationwide alliance of commercial real estate brokerage firms.

New York -- SweetFrog and Pizza Studio will open shops at Legends Outlets Kansas City in Kansas City, Kan., this spring and summer respectively. The locations will be the first in the Kansas City metropolitan area for both concepts.

SweetFrog has leased a 1,588-sq.-ft. space. The frozen yogurt franchise invites customers to make their own soft-serve creations, choosing from an array of flavors and toppings.

New York — Faith Hope Consolo, chairman, and Joseph Aquino, executive VP, of Douglas Elliman’s Retail Group have arranged a first New York flagship for luxury apparel and accessories brand Peter Millar on Madison Avenue, between 54th and 55th Streets.

"This label is a perfect fit for the Madison and Worth Avenues of the world," said Consolo.

Consolo and Aquino represented the landlord, E PLUS E LLC, and Hanley Advisors represented the tenant.

Umang Shah was named global director for social media and digital marketing at Campbell’s after serving in a similar capacity at Walmart for the past two years.

Petco EVP of merchandising Brad Weston has been given additional responsibilities to oversee the retailer’s small format concept branded as Unleashed.

Weston was named president of Unleashed by Petco to oversee strategy and operations of the fast growing 100 unit operation and will continue to lead the retailer’ merchandising organization. Weston joined Petco in 2011.

The Hillshire Brands Company has signed a definitive agreement to acquire Catterton portfolio company Van’s Natural Foods. Van’s is a leading better-for-you food brand of frozen breakfast and snack foods.

Hillshire Brands will pay $165 million for Van’s, which is expected to have net revenues of approximately $60 million in calendar year 2014. The transaction is expected to close in May 2014 pending regulatory clearance.