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Regency Centers announces executive management changes
Jacksonville, Fla. -- Regency Centers Corp. announced changes in its executive management team. Bruce Johnson, executive VP and CFO has announced that he will retire at the end of 2012. Effective with his retirement, Lisa Palmer, senior VP of capital markets, will succeed him as CFO.
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Menards balks at 1% tax
New York City -- Menards is considering a new store in a Springfield, Mo., shopping mall -- as long as it isn’t included in the development’s community improvement district (CID), according to an article in the Springfield News Leader.
The Eau Claire, Wis.-based home improvement chain is planning a 162,000-sq.-ft. store in the Hickory Hills Marketplace, which levies a 1% tax on tenants to help pay back the cost of public improvements at the development.