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Real Estate

  • Target names pres. for Canadian venture

    MINNEAPOLIS -- Target announced that Tony Fisher has been named president of Target Canada.  In this position, Fisher will be responsible for building the team, establishing the headquarters and leading the day-to-day operations of the corporation's recently announced expansion into Canada, the company reported.

  • Menchie's Frozen Yogurt opens at Eisenhower Square

    Savannah, Ga. -- Centro Properties Group said that Menchie’s Frozen Yogurt has opened a 1,215-sq.-ft. store at Eisenhower Square.

    The shopping center, located in Savannah, Ga., is owned by New York City-based Centro Properties Group.

  • Roy Perez-Daple joins Metro Commercial Real Estate

    Conshohocken, Pa. -- Metro Commercial Real Estate said Monday that Roy Perez-Daple has joined the company, where he will expand the firm’s national retailer advisory services as well as pursue strategic landlord opportunities.

  • Steven E. Baker named president of Winick Realty Group

    New York City -- Winick Realty Group LLC said Tuesday that, effective immediately, Steven E. Baker has been named president of the firm.

    Baker, who is also a partner, had previously held the title of co-president.

  • Report: No rival bids for J. Crew

    New York City -- J. Crew Group received no rival bid during a solicitation period and will stick with its nearly $3 billion buyout offer made by two private equity firms in November, according to Reuters. J. Crew agreed in November to be taken private by the two firms. It was able to solicit higher bids until Saturday.

  • BH Properties names COO

    Los Angeles -- BH Properties announced that Ronald J. Platisha has been promoted to the newly created position of COO.

    Platisha will lead the organizational operations while building and maintaining relationships with financial institutions.

    Platisha, a 30-year veteran in the commercial real estate industry, has served as CFO at BH Properties for the past four years.

  • Report: Costco gets $1 million tax break to build store

    New York City -- Chicago's City Council on Thursday approved a $1 million property tax break for Costco Wholesale Corp. to build its second store in the city, Chicago Business reported.

    The tax break was introduced by Mayor Richard M. Daley at a December City Council meeting. He asked that the retailer receive a $1 million tax break over 12 years for a store to be built at 14th Street and Ashland Avenue.

  • Kenneth Cole closing eight stores

    New York City -- Kenneth Cole Productions is closing its flagship store in Rockefeller Center and eight other stores this year, the company disclosed in a regulatory filing, according to Crain’s New York.

    Located in a major tourist hub, the Rockefeller Center spot has been on the market for more than two years, according to real estate brokers, the report said. Kenneth Cole has occupied the 13,000-sq-ft. for about 10 years.

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