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Tenant Update

  • CBRE staffs up its Bay Area office

    CBRE made known its intent to make an aggressive push in San Francisco with its December hire of Matt Kircher, a veteran of Terranomics with more than 20 years of leasing experience in Northern California. This week CBRE filled out the new director of leasing’s executive staff.   Joining Kircher are first vice presidents Jessica Birmingham, Annie Prupas, and Katie Singer; vice president Drew Greenspan; associate broker Meaghan Haley; senior GIS specialist Gary Palubicki; and client services coordinator Andrea Chavez.

  • Equity One team named to lead DDR

    Equity One CEO David Lukes has accepted the chief executive’s position at DDR Corp., it has been announced in a press release from DDR. Equity One was acquired by Regency Centers in November to form the largest REIT focused on shopping center development.   Two of Luke’s lieutenants at Equity One will join him in leading the Beachwood, Ohio-based company. COO Michael Makinen and CFO Matthew Ostrower will perform the same roles at DDR.  

  • Quincy Mall works with town to land Slumberland

    With just over 50 stores, Quincy Mall is hardly the biggest regional center in the nation, but it’s a big deal in the rural Mississippi River town of Quincy, Illinois, just a skiff’s ride from Mark Twain’s hometown of Hannibal, Missouri. And it was big news in Quincy when the J.C. Penney in the Cullinan-owned property closed shop.  

  • Kimco makes two senior appointments

    Ross Cooper (left) and David Jamieson (right).

  • Five Items a Retailer Should Have in its Lease

    Changes in the retail landscape call for changes in lease agreements, as well

    With long-time anchors leaving malls, urgent care clinics moving into neighborhood centers, and online sellers applying pressure from all sides, retailers should take a new approach in structuring their lease agreements with property owners, say experts from both sides of the negotiations table.

  • Nasty Gal to live on

    Nasty Gal is getting a new lease on life — but only in the digital space.   The brand, which was acquired out of bankruptcy in early February by British online fashion group Boohoo.com, will live on under new leadership as a pure player. Nasty Gal recently closed its two brick-and-mortar stores, both of which were in the Los Angeles area.    

  • Rubin steps down as chairman of PREIT

    Ron Rubin resigned his post as chairman of the board of PREIT and will be succeeded in that role by CEO Joseph Coradino. His departure was expected, having been announced last month.  

  • CBRE hires store-within-a-store expert

    CBRE has brought in a former Sears executive to help retailers monetize under-performing retail space through partnerships with outside brands.   Kevin Marschall, formerly director of strategic partnerships and licensed business at Sears, has joined CBRE as a store-within-a-store specialist in the company’s retail partnerships unit.  
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