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Real Estate

  • Jersey Mike’s to open at Mansfield Crossing

    Mansfield, Texas -- Irving, Texas-based WindStar Properties said that Jersey Mike’s Subs will open a new restaurant at Mansfield Crossing Shopping Center, located in Mansfield, Texas.

    The 1,575-sq.-ft. unit is part of an aggressive expansion push for the Jersey Shore-based sandwich chain, which opened 92 restaurants in 2012.

     

  • Trademark Property names chief development officer

    Fort Worth, Texas -- Trademark Property announced that Tony Chron has rejoined the company as chief development officer, effective April 15.

    “Bringing Tony back is an important investment in our development capacity,” said Trademark chairman-CEO Terry Montesi. Chron will oversee Trademark’s power and community center development program as well as the company’s redevelopment efforts.
     

  • Jones Lang LaSalle names Midwest team additions

    Chicago -- Jones Lang LaSalle announced the addition of Larry Kilduff, Claire Bitautas and Anne Imming to its retail team.

    Kilduff will serve as a VP and the retail management lead in the Midwest. Bitautas and Imming will serve as VPs on the brokerage team focusing on the downtown and suburban Chicago market. In their new roles they will partner with Midwest retail market lead Mark Hunter.

  • Leslie's Poolmart to grand-open two stores on path to 48

    Phoenix -- Leslie’s Poolmart, parent to Leslie’s Swimming Pool Supplies, said Monday that it will grand-open two stores on May 3, putting the retailer on track toward opening its previously announced 48 new stores between March and May 2013.

    The May 3 grand openings are in Springfield, Pa., and in Oceanside, Calif.

     

  • Destiny USA raises the bar

    When describing Destiny USA – the 2.4 million-sq.-ft. dining, entertainment, shopping and outlet megaplex in Syracuse, N.Y. – it’s a toss-up whether to emphasize the offerings and amenities, or highlight the project’s own brand of environmental consciousness.

  • Marcus & Millichap names regional manager

    Chicago -- Marcus & Millichap Real Estate Investment Services said it has named Stephen Rachman as regional manager of its Chicago O’Hare office.

    Rachman began his career at Marcus & Millichap in 2002 as an agent in the firm’s Chicago O’Hare office and, in 2004, relocated to the Chicago Downtown office. Named senior associate in 2005, and then VP investments in March 2013, Rachman returned to the Chicago O’Hare office in March.
     

  • Report: Goldman Sachs arranges $1.75 billion J.C. Penney loan

    New York -- A Friday report by CNBC said that Goldman Sachs has lined up a $1.75 billion financing package for J.C. Penney Co., backed by the retailer’s real estate and other assets.

    The news, which has not yet been confirmed by Penney, comes a day after investor George Soros reported a 7.9% stake in the company.

    Earlier this month, Penney borrowed $850 million from its $1.85 billion revolving credit facility to boost its cash position and buy inventory.

     

  • Gander Mtn. sets sights on Rogers, Minn.

    ST. PAUL, Minn. — Leading firearms retailer Gander Mountain will open the state’s first dedicated Gander Mtn. Firearms Super Center in Rogers, Minn., by the end of April. It will be the retailer’s 12th store in the state.

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