Development/Redevelopment

San Diego -- Marcus & Millichap announced the appointment of Rick Puttkammer to the position of regional director of its National Retail Group. Puttkammer is based in the firm’s San Diego office and his appointment is part of the firm’s strategy to enhance its brokerage support and client services.

Prior to joining Marcus & Millichap, Puttkammer was senior VP at Colliers International in San Diego, where he focused on institutional investment sales in the Western United States.  

Virginia Beach, Va. -- Divaris Real Estate, Inc., announced the appointment of Elizabeth Greer and Joseph Lowery as agents in its headquarters location in Virginia Beach.

Elizabeth Greer is a sales and leasing associate, responsible for office leasing services, including tenant and landlord representation. She is also involved with the redevelopment project of Fort Monroe, located in Hampton, Virginia.

Casual apparel brand U.S. Polo Assn. has opened its first location in Brooklyn, in the vicinity of the Barclays Arena.

Designed by Montroy Andersen DeMarco (MADGI), New York, the 2,800-sq.-ft. space has a clean, modern feel and includes  the brand’s signature ‘flag wall’ fashioned out of folded T-shirts,  a jeans island and a T-shirt island, and a 12-ft.-long cash wrap counter

By Sanford Stein, founder, Stein LLC

With the point-of-sale tucked away in one’s backpack, pocket or purse, how does the store-based retailer expect to survive in an e-everything world? And what is to become of the malls, the meccas of economic indulgence that were driven by the shop-till-you-drop dynamic we thought would last forever? We are currently in a period of just such a change wave, driven by a dramatic demographic shift, corporate downsizing, economic stagnation, and rising costs.

Minneapolis - Target Corp. plans to open two new smaller-format TargetExpress stores in San Francisco’s Financial District and Berkeley, California, in March 2015. Target’s first TargetExpress store opened this year in Minneapolis, and the San Francisco-area stores will mark the first time Target is expanding this format outside the Minneapolis area.

Ankeny, Iowa – Dick’s Sporting Goods and Gordmans are reportedly the anchor stores for a proposed shopping center in Ankeny, Iowa. According to the Des Moines Register, St. Louis-based developer Staenberg Group seeks to begin construction on the project, known as Delaware Commons, in the fall.

Staenberg Group is seeking to obtain environmental permits relating to wetlands on the property. The center also has space for a third main anchor store, several junior anchors, and other small stores and restaurants.

Venice, Calif. – Vertical denim retailer Rialto Jean Project (RJP) opens a month-long pop-up shop on Sept. 5 in New York's South Street Seaport, in conjunction with the New York Fashion Week Spring/Summer presentations kicking off around Manhattan.

Seattle - Starbucks Coffee Company will launch two new store formats in fiscal 2015, include a smaller-format concept aimed at urban commuters and a more premium store concept — Starbucks Reserve Roastery and Tasting Room — dedicated to the chain’s highbrow Reserve brand of coffees.