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Corporate Governance

  • KeyPoint Partners to manage, lease Woburn Mall

    Burlington, Mass. -- KeyPoint Partners announced it has been awarded the property management and retail leasing contract for the Woburn Mall in Woburn, Mass.

    Real estate equity fund Multi-Employer Property Trust acquired the 276,200-sq.-ft. mall in September 2012. Tenants include TJ Maxx, HomeGoods, Sports Authority, DSW and CVS Pharmacy.

     

  • CBRE awarded leasing assignment for 6-property portfolio

    Los Angeles -- CBRE said it has been retained by Starwood Capital to work collaboratively with Starwood’s leasing team to lease six malls located in California, Florida, Illinois, Nebraska and Ohio.

    The new CBRE assignment followed Starwood Capital's recent acquisition of a 90% stake in seven U.S. malls.

    The properties include: Solano Mall in Fairfield, Calif.; Westland Mall in Miami; Chicago Ridge Mall in Chicago; Louis Joliet Mall in Chicago; Gateway Mall in Lincoln, Neb.; and Southpark Mall in Cleveland.

  • Kirkland’s to open at Boulevard Crossing

    Kokomo, Ind. -- Indianapolis-based Kite Realty Group said that Kirkland’s will open a 6,400-sq.-ft. store at Boulevard Crossing, located in Kokomo, Ind.

    The 213,663-sq.-ft. shopping center is owned by Kite Kokomo Project Co. and is anchored by Kohl’s, Party City, Ulta, TJ Maxx, Petco, Shoe Carnival and Dress Barn.

  • Kirkland’s to open at Boulevard Crossing

    Kokomo, Ind. -- Indianapolis-based Kite Realty Group said that Kirkland’s will open a 6,400-sq.-ft. store at Boulevard Crossing, located in Kokomo, Ind.

    The 213,663-sq.-ft. shopping center is owned by Kite Kokomo Project Co. and is anchored by Kohl’s, Party City, Ulta, TJ Maxx, Petco, Shoe Carnival and Dress Barn.

     

  • Santa Fe Cattle Co. opens at Stirling Bossier Shopping Center

    Bossier City, La. -- Covington, La.-based Stirling Properties announced the opening of a new 7,918-sq.-ft. Santa Fe Cattle Co. restaurant at its Stirling Bossier Shopping Center property, located on Airline Drive in Bossier City.

    Headquartered in Baton Rouge, La., Santa Fe Cattle Co. operates 19 locations in six states, including four in Louisiana.

     

  • Taubman Prestige Outlets Chesterfield names GM

    Bloomfield Hills, Mich. -- Taubman Centers announced it has hired Colleen O’Neill as the general manager of Taubman Prestige Outlets Chesterfield, effective Nov. 5. She will be responsible for overseeing center operations as well as retailer and community relations, marketing and sponsorship.

    O’Neill was the former marketing director of Saks Fifth Avenue at Plaza Frontenac in St. Louis. The announcement of her hiring follows Taubman’s decision to move up the opening date of the high-end outlet shopping center to August 2, 2013.

  • Mid-America Real Estate-Wisconsin names new partners

    Milwaukee -- Mid-America Real Estate-Wisconsin announced the promotion of VPs Tony Colvin and Adam Dreier to principals.

    Colvin joined Mid-America Real Estate as a broker associate in January 2001 and, too date, has brokered over 1.2 million sq. ft. of retail space for a total transaction value of over $186 million.  Dreier has been with Mid-America Real Estate since February 2002 as a broker associate.  To date, he has brokered over 1 million sq. ft. of retail space, for a total transaction value of over $212 million.

     

  • NRF not pleased with swipe fee settlement

    WASHINGTON — A revised antitrust settlement on the issue of credit card swipe fees doesn't go far enough, The National Retail Federation said Friday. 

  • Ikea gives former foster kids a head start

    BAKERSFIELD, Calif. — Ikea helped out young people transition out of foster care by donating 110 bags filled with Ikea products.

    The Ikea "starter kits" included sheets, a comforter, pots and pans, towels and other in-home necessities.

  • Samsung launches cannister vacuums in the U.S.

    RIDGEFIELD PARK, N.J. — Samsung Electronics America has launched its cannister vacuums in the United States. The three new models feature reduced noise levels and innovative ergonomic design.

    According to the company, the innovative airflow design reduces excessive noise, cutting down on the roaring vacuum sounds that can disturb everyone in the house. The units also feature unique design components with a carrying handle.

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