Real Estate

Denver — Forecasting a brisk pace for investor activity in the Denver commercial real estate market due to growth in the oil/gas and technology industries, Jones Lang LaSalle has announced the appointment of industry veterans Patrick Devereaux and Jason Schmidt as investment sales experts in the Rocky Mountain region. The two join JLL as executive VPs.

With more than 20 years of experience as an industrial broker, Devereaux previously served as senior director in the Capital Markets Group at a national brokerage.

Orlando, Fla. — Jones Lang LaSalle has announced the appointment of Justin Greider to its Florida retail leasing business. Greider joins as a VP to oversee the firm’s retail leasing portfolio. Greider will work with Florida retail market lead John Lambert and senior VP Sean McConnell to provide strategic planning and execution of merchandising plans for the firm’s neighborhood, community and premier shopping centers throughout Florida.

Columbus, Ohio — Designer Show Warehouse will open a new store in Eatontown, N.J. on Sept. 26.

The company currently operates 383 stores in 42 states, the District of Columbia and Puerto Rico. DSW also supplies footwear to 355 leased locations in the U.S.

Jupiter, Fla. — Burger & Beer Joint has announced plans for an expansion of 50 stores through franchised and corporate units over the next few years. The expansion is already well underway.

The company recently opened a third store in South Florida and has signed a 10-store franchise agreement to open stores throughout Florida and Georgia.

Boston — The Wilder Companies has been awarded five new leasing and management contracts for nearly 900,000 sq. ft. in five shopping centers on the north and south shores of Boston.

The Crossing at Walkers Brook in Reading, Mass., is a 480,000-sq.-ft. center featuring Jordan’s Furniture, an IMAX Theatre and The Home Depot. An 80,000-sq.-ft. pedestrian-friendly lifestyle portion of the center features Staples, Golfsmith, the Paper Store, Macaroni Grill, Chili’s, and Starbucks.

Los Angeles — CBRE Group has appointed Chris Ludeman global president of Capital Markets.

Ludeman will oversee the global growth and integration of CBRE’s Capital Markets Service business line, which includes Investment Sales, Debt & Structure Finance and Capital Advisors activities worldwide, working with CBRE’s Capital Markets leaders around he world.

A 33-year veteran of CBRE, Ludeman most recently served as president of the Capital Markets business in the Americas.

Alpharetta, Ga. – McAlister’s Deli has named Jeff Sturgis as chief development officer. Sturgis has more than 17 years of experience in the franchise industry, including working as a consultant as well as senior management and development positions with Fantastic Sams Hair Salons and Focus Brands.

Sturgis will lead development functions including franchise sales, real estate, store design and construction.

Glendale, Calif. -- Nordstrom has unveiled its new, relocated store at Americana at Brand, the Caruso-owned luxury shopping center in Glendale, Calif.

Seattle-based Nordstrom was formerly located at nearby Glendale Galleria, but closed that store to reopen in 135,000 sq. ft. at Americana at Brand, featuring a refreshed interior design over three levels, farm-to-table restaurant Bar Verde, updated beauty experience, and an expanded selection of designer fashion brands including the first TopShop and TopMan in-store boutiques in Los Angeles.

Pittsburgh -- Dick’s Sporting Goods will open its newly renovated store in Cary, N.C., on Sept. 29, featuring 56,000 sq. ft. of specialized services and experiential elements such as a golf simulator, club fitting center, putting green, archery lane with an on-site bow technician, and bike safety inspections, custom fittings, tune-ups and assembly.

Charlotte, N.C. — Rite Aid Corporation has selected AMTdirect’s real estate software solution to manage its portfolio of more than 5,800 locations. AMTdirect’s integrated platform will help Rite Aid define and implement its real estate strategy by consolidating data, streamlining key business processes and informing decision-makers at all levels.