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Real Estate

  • CBRE names vice chairman

    Washington, D.C. -- CBRE announced Tuesday that Louis G. Christopher has joined the firm as vice chairman, charged with focusing on tenant representation on a local, national and global level.

    Christopher was previously with Cushman & Wakefield’s, where he was chairman of the firm’s Tenant Advisory Group.

  • Robin Group announces promotion

    Los Angeles -- The Robin Group said Tuesday that Yoav Sarraf has been promoted to VP and director of retail brokerage services.

    Sarraf joined TRG in 2008. He was previously director of acquisitions for Brighton Holdings.

  • NAI MLG Commercial names principal

    Milwaukee -- NAI MLG Commercial said Tuesday that Brian J. Vanevenhoven has been named principal of the firm.

    Vanevenhoven joined NAI MLG Commercial in 2000 and became a retail associate in 2001. In 2006, he was promoted to VP, and in 2007 was promoted to senior VP of the retail team. 

  • American Eagle Outfitters to open stores in Israel

    Pittsburgh -- American Eagle Outfitters said Tuesday that its debut store in Israel will open on Thursday at Ramat Aviv Mall, in Tel Aviv.

    Ten additional locations are planned over the next month, in locations such as The Big Mall in Petach Tikva, Kiryat Ono Mall, and Mall of Haifa. The franchise stores will be operated by Fox-Wizel Ltd., a leading retailer and wholesaler in the region.

  • Target to use pharmacy franchise model for its stores in Canada

    Minneapolis -- Target on Monday announced it will seek independent pharmacists to own and operate the pharmacies in its stores in Canada. The chain said it will utilize a pharmacy franchise model for its stores north of the border, the first of which will open in March/April 2013. The strategy is different than in the United States, where Target operates its own in-store pharmacies.

  • Report: Talbots in talks with Sycamore

    New York City -- The Talbots is in buyout talks with the private-equity firm Sycamore Partners, according to the Boston Herald. The retailer signed a confidentiality agreement on Friday with the New York-based Sycamore, its second largest shareholder with 10% of the company, according to documents filed with the U.S. Securities and Exchange Commission, the report said.

  • Three new tenants to open at Bowie Plaza

    Bowie, Md. -- Jacksonville, Fla.-based Regency Centers said it has leased retail space to three new tenants at Bowie Plaza, located in Bowie, Md.

    Opening its fifth gym in the Washington, D.C./Baltimore market, Fitness 4 Less is relocating to 21,750 sq. ft. in Bowie Plaza. Peeper’s Family Eye Care leased 2,400 sq. ft. of retail space, and Dunkin’ Donuts, offering a drive-thru option, leased 1,600 sq. ft. of space.

    All three businesses are slated to open in spring 2012.

  • Ann Taylor to open, Williams-Sonoma to expand at Garden City Center

    Cranston, R.I. -- The Wilder Cos. announced that Garden City Center has detailed a multi-phased strategy to expand, reconfigure and redevelop the historic shopping center.

    Construction of a new 20,000-sq.-ft. building will begin an extension that will eventually turn former large-format retail space into a mix of mid-size and smaller specialty stores. Later phases include construction of several new restaurant spaces and improved traffic and pedestrian links to the Whole Foods Market section of the center.

  • Landmark Retail Group names project manager

    Woodland Hills, Calif. -- Landmark Retail Group, a subsidiary of NewMark Merrill Cos., announced that Clay Toombs has joined the company as senior project manager, responsible for overseeing development projects from design through entitlement approvals, permitting and construction.

    Toombs previously worked for Evergreen Devco Inc. as senior project manager.
     

  • Forever 21 expansion opens at Town Center at Boca Raton

    Boca Raton, Fla. -- Town Center at Boca Raton, in Boca Raton, Fla., will celebrate the expansion and relocation of Forever 21 to its soon-to-be-completed Cafes at Boca. The 19,000-sq.-ft. upgraded store will offer upgrades and added offerings.

    “With the relocation of our store at Town Center at Boca Raton, we are able to accommodate more brands and new concepts,” said Larry Meyer, Forever 21 executive VP.

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