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Development/Redevelopment

  • Stirling chief named VP of ICSC Southern Division

    Covington, La. -- Marty Mayer, president and CEO of Stirling Properties, won election as VP of the International Council of Shopping Centers’ Southern Division at RECon in May.

    As a divisional VP, Mayer will also sit on the Government Relations Advisory Committee. In addition, he currently serves on the Executive Committee of ICSC’s Worldwide Board of Trustees.

     

  • Jones Lang LaSalle brokers Hancock Village sale

    Richmond, Va. -- Jones Lang LaSalle has closed the sale of phase I of Hancock Village on behalf of Edco in Richmond, Va.’s Chesterfield submarket.

    Cole Real Estate Investments purchased the 153,853-sq.-ft. shopping center anchored by Dick’s Sporting Goods and Hobby Lobby. A Walmart Supercenter shadow-anchors the development.

    JLL said the center is 100% leased.

     

  • Ross Realty and RMC join forces

    Tampa, Fla. -- RMC Property Group and The Ross Realty Group have merged. Effective June 3, Ross Realty’s investment sales and office leasing team has become RMC Ross Realty, and the Ross Realty property management team has become RMC Property Group.

    The merged company oversees the management, leasing and sales of more than 8.4 million sq. ft. of commercial property and more than 900 tenants.

  • Big Smoke Burger leases first New York location

    New York -- Canadian burger chain Big Smoke Burger has leased its first New York City location at 70 Seventh Ave., between West 14th and West 15th Streets in Chelsea, according to Winick Realty Group who represented Group 868 Inc., the landlord in the transaction.

    The 2,380-sq.-ft. property includes a 500-sq.-ft. basement and an 880-sq.-ft. outdoor courtyard.

    Big Smoke Burger plans to open the restaurant within the next four months. RKF represented Big Smoke Burger.

     

  • CBRE pours Seattle’s Best Coffee into North Texas

    Dallas -- Seattle’s Best Coffee is opening new operations in North Texas, according to CBRE. So far, 10 stores have opened throughout the Dallas-Fort Worth metro area with more scheduled to open later this year.

    CBRE Retail Brokerage provided market evaluation, mapping and demographic analysis, site selection and lease negotiation. CBRE Project Management provided construction services.

    The 10 new stores are located throughout Burleson, Dallas, Fort Worth, Lancaster, McKinney and Rockwall.

     

  • Exclusive Video: Face-to-Face interviews at RECon 2013

    Senior editor Katherine Boccaccio sat down with five retail real estate leaders in Las Vegas at RECon 2013, and all provided insights into not only their own companies but the industry as a whole.

    Watch Videos

     

  • Dunkin’ Donuts in major store revamp

    Canton, Mass. -- Dunkin’ Brands Group is giving its Dunkin’ Donuts stores a big makeover. The chain has been rolling out a “café-style” store redesign that includes a new, earth-toned palette, to make its locations resemble those of rival Starbucks, according to Bloomberg.

    Dunkin’ Donuts, which plans to double its current store total to 15,000, is adding features such as more comfortable seating and music to increase its afternoon customer traffic.

  • Family Dollar Stores names senior VP real estate

    Matthews, N.C. -- Family Dollar Stores names Brad Rogers as senior VP real estate. He replaces Keith Gehl, who retires from the company at the end of June.
       
    Rogers joined Family Dollar in 1998 as a real estate manager with responsibility for new store development in North and South Carolina. Between 2006 and 2011, Rogers assumed greater roles with increased responsibilities, and in 2011, he was named VP real estate.

     

  • Isaac Mizrahi New York opens up shop

    New York -- Isaac Mizrahi has returned to the retail scene. Xcel Brands on Friday announced the debut of Isaac Mizrahi New York, in Southampton, N.Y. (Xcel is the designer’s parent company).

    "This is a very exciting opportunity for Xcel and the brand,” said Isaac Mizrahi, creative director, Xcel Brands. “It's great for the consumer to see all products coming together in our own new retail environment."

  • Phillips Edison appoints new GM for The Shoppes at Parma

    CINCINNATI — Phillips Edison & Company has named John S. Kokinchak, SCSM, SCLS, as GM of Parmatown Mall in Parma, Ohio, Cleveland's largest suburb.

    Kokinchak, a veteran executive of the shopping center industry, will assist in leading the transformation of the historic retail location into The Shoppes at Parma, a "Main Street" destination for shopping and dining that will act as a town center for residents of Parma and surrounding communities.

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