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Real Estate

  • Sabre Real Estate names execs

    Garden City, N.J. -- Sabre Real Estate Group said that Beth Lamport has joined the firm as executive VP.

    Previously a director at Breslin Realty, Lamport also was a broker at Polimeni Realty and spent more 20 years as a marketing executive at Federal Department Stores, which owned Macy’s, Bloomingdale’s, Filene’s and Stern’s and now is known as Macy’s Inc.

  • Chef Bobby Flay opens Bobby’s Burger Palace at Cherry Hill Mall

    Cherry Hill, N.J. -- Philadelphia-based Pennsylvania Real Estate Investment Trust said that Bobby’s Burger Palace is now open at Cherry Hill Mall, in Cherry Hill, N.J.

    Acclaimed cef Bobby Flay’s BBP joins Bahama Breeze, California Pizza Kitchen, Maggiano’s Little Italy and Seasons 52 along the mall’s Bistro Row, facing Route 38 near the new Nordstrom.

  • Five former Borders locations are re-tenanted

    New York City -- Brixmor Property Group said Friday that four national tenants – Books-A-Million, Big Lots, Dick’s Sporting Goods and REI – will occupy former Borders locations in California, Colorado, Connecticut, Michigan and North Carolina.

  • Fresh & Easy debuts smaller Express format

    New York City -- Fresh & Easy Neighborhood Market, the U.S. division of Tesco, has opened its first Fresh & Easy Express store, at La Cienega Boulevard and 18th Street in Los Angeles.

    The new format is approximately 3,000 sq. ft. versus the 10,000-sq.-ft. footprint of a standard Fresh & Easy. It features an edited selection of some 2,700 SKUs, including fresh foods, baked items, groceries, and health and beauty items.
     

  • Coyote Management forms new marketing company

    Addison, Texas -- Coyote Management announced the formation of a new marketing solutions company called Coyote Creative.

    With the addition of the new company, the mall owner and manager has expanded its services to include marketing solutions to individual companies, regional malls, lifestyle projects and open-air shopping centers.

    The new company will be headed by Kymberley Scalia, corporate director of marketing, and Lindsey Willis, marketing coordinator.
     

  • Grossman Development names development exec

    Boston -- Grossman Development Group said Friday that Mark Hebert has joined the company as VP development. 

    Hebert was previously project development manager for WS Development. Prior to WS, Hebert spent nearly 10 years at BJ’s Wholesale Club, starting as a store planner and becoming a site development manager.
     

  • Apple unveils new entry for Fifth Avenue flagship

    New York City -- Apple on Friday unveiled a new glass entrance for its store on New York City's Fifth Avenue.

    The original 32-ft. glass cube previously used 90 panes of glass. The new design has a more sleeker, slimmed-down look and features 15 larger, seamless panes. Apple also updated the plaza outside the store.

    The total project cost Apple a reported $6.7 million.
     

  • Whole Foods Q4 income surges 31%

    Austin, Texas -- Whole Foods Market reported that its fiscal fourth-quarter profit rose 31% to $75.5 million on higher sales, beating analysts' expectations. But the company's outlook for next year's profit fell just short of what analysts forecast on average.

    Revenue increased 12% to $2.35 billion.

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