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Corporate Governance

  • Jones Group nominates Barington Capital chief to board

    New York -- The Jones Group Inc. said Monday that it has nominated James Mitarotonda, chairman and CEO of Barington Capital Group, to its board of directors, expanding the board to 11 members.

    Barington has about a 2.3% stake in Jones Group.

     

  • Passco Cos. names new president

    Irvine, Calif. -- Passco Cos. announced that Larry Sullivan has been named president, effective May 30.

    Sullivan, who currently serves as CFO and CFO of Passco, succeeds William Winn, who recently resigned.

    William Passo, founder, will remain in his current position as CEO.
     

     

  • Midtown Shopping Center acquires 14.5 acres in Mid-City Los Angeles

    Los Angeles -- Midtown Shopping Center Associates said it has acquired the land under Midtown Shopping Center plus two adjacent properties totaling 14.56 acres for $42.5 million from Catellus Development Corp., based in Denver.  

  • Tuesday Morning opens at Southland Shopping Center

    Middleburg Heights, Ohio -- Brixmor Property Group announced that a 14,151-sq.-ft. Tuesday Morning recently opened at Southland Shopping Center, located in Middleburg Heights, Ohio.

    Brixmor, based in New York City, is the owner of Southland Shopping Center.

     

  • Jones Lang LaSalle adds team to retail brokerage in Hawaii

    Honolulu -- Jones Lang LaSalle said that it has named Wendell Brooks III as senior VP of the firm’s retail brokerage business in Hawaii.

    Brooks will work closely with Hawaii Retail Market Lead Kirk Horiuchi to assist landlord and retail clients. He will be joined by James “Kimo” Greenwell and Robert Kelley, who will focus on retail leasing and sales.  Additionally, Melissa Masicampo joins the firm as brokerage coordinator and Mark Ching joins as graphic designer and marketing specialist to support the growing retail team.

  • Kite Realty announces new leases

    Cary, N.C. -- Indianapolis-based Kite Realty Group announced that Petco has leased 12,500 sq. ft. at Parkside Town Commons, located in Cary, N.C.
     
    As well, Total Wine & More has leased 23,890 sq. ft. at International Speedway Square, in Daytona Beach, Fla.

     

  • Blink Fitness to open in new Chelsea Development

    New York -- Winick Realty Group said that Blink Fitness will open a 15,500-sq.-ft. facility at the base of Chelsea Park, a new residential building located at 260 West 26th St. in New York City.

    Blink will have a ground-floor entrance at 308 Eighth Avenue, which will lead down to an expansive lower-level gym. The 12-story building is currently home to 204 luxury rental apartments ranging from studios to two-bedroom units.  

     

  • GBT Realty completes construction on Academy Sports

    Huntsville, Ala. -- Brentwood, Tenn.-based GBT Realty has completed construction on Huntsville, Ala.’s first Academy Sports + Outdoors. The 72,000-sq.-ft. store, which opened on April 26, is the third Academy Sports development for GBT. Reed Construction served as site contractor and Stewart Perry Construction as general contractor on the project.

    GBT completed construction in fall 2012 for stores in Mobile, Ala., and Smyrna, Tenn.

     

  • Marcus & Millichap names regional manager

    Ontario, Calif. -- Marcus & Millichap Real Estate Investment Services announced it has named Kevin Boeve as regional manager of its Ontario office, Calif., office.

    Boeve joined Marcus & Millichap in June 1999 and most recently served as VP investments.

     

  • Taubman’s Michigan shopping centers designated ‘stormready’

    Bloomfield Hills, Mich. -- Taubman said that all four of its shopping centers in the state of Michigan -- Fairlane Town Center, Great Lakes Crossing Outlets, The Mall at Partridge Creek and Twelve Oaks Mall – have received StormReady designation from the National Weather Service, a component of the National Oceanic and Atmospheric Administration.

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