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Development/Redevelopment

  • Advance Auto Parts opens at The Commons of Crystal Lake

    Crystal Lake, Ill. -- Centro Properties Group said that Advance Auto Parts has opened a new location at The Commons of Crystal Lake, located in Crystal Lake, Ill.

    According to Centro, which is based in New York City, the new store is 8,800 sq. ft.

  • CB Richard Ellis names retail exec

    Newport Beach, Calif. -- CB Richard Ellis announced Monday that Scott Riddles has joined the company’s Western Division Retail team as a senior VP. Riddles will be joined by his current team – Derek Fitch, Rob Crumly and Ryan Riddles – and all will be based in the firm’s Newport Beach office.

    Riddles comes to CBRE from SRS Real Estate Partners, formerly Staubach Retail, where he was a founding partner.

  • Modell’s opens in DC USA complex

    New York City -- Modell’s Sporting Goods has opened a 7,500-sq.-ft. store located in the DC USA retail complex Washington, D.C.

    It is the retailer’s second location within the District of Columbia.

  • RKF names exec in Miami office

    Miami -- New York City-based Robert K. Futterman & Associates announced that Marty Arrivo has joined the firm’s newly established Miami office as senior managing director.

    With eight years of commercial real estate experience working with property owners and regional and national retailers, Arrivo, who started with RKF last month, is responsible for tenant and landlord representation throughout Florida and nationwide.

  • Chicago mayor meets with retailers about food ‘deserts’

    New York City -- Chicago Mayor Rahm Emanuel met with executives from six grocery chains, including Walgreen Co. Wal-Mart Stores and Aldi about eliminating food “deserts” in six Chicago neighborhoods, the Associated Press reported.

    Emanuel showed a detailed map of Chicago food deserts and made business cases to the grocery executives for specific properties in each food desert area. He said 450,000 Chicagoan's don't have access to fresh food.

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