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Real Estate

  • ‘Living wage’ sent to D.C. mayor

    New York -- A controversial bill requiring Wal-Mart Stores Inc. and other large retailers to pay their employees a "living wage" of at least $12.50 an hour has been sent to District of Columbia Mayor Vincent Gray.   
        
    The mayor has 10 business days, starting Tuesday, to either sign or veto the bill, which was passed by the D.C. Council at the beginning of July.

  • JLL adds tenant rep in Chicago

    Chicago -- Jones Lang LaSalle has brought on Adam Cody as a VP in its Chicago office. He will work with executive VPs Lew Kornberg and Walter Wahlfeldt to expand the firm's retail tenant representation capabilities.

  • SRS Real Estate Partners July transactions

    Dallas -- SRS Real Estate Partners (SRS) announces highlights of August transactions and new assignments.

    Atlanta:
    Shoe Carnival has executed a new lease for an 11,542-sq.-ft. space at Heritage Pavilion in Smyrna, Ga. The new location is expected to open in October 2013. SRS represented the tenant in this transaction. Developers Diversified Realty represented the landlord.

  • GBT Realty adds to shopping center and net lease teams

    Brentwood — GBT Realty Corp. has added four new members to its team.

    Ivan Lozina, a 20-year industry veteran has been appointed senior construction manager. Lozina will oversee construction management for new developments in the Shopping Center Division. Prior to joining GBT, Lozina spent 17 years at Benderson Development Company, managing the construction of more than 20 million square feet of commercial real estate.

  • Mid-America’s Panovich honored for Lifetime Industry Leadership

    Chicago — C. Michelle Panovich, principal and executive VP, Mid-America Asset Management will receive the Lifetime Industry Leadership Award at the 12th annual Real Estate Gala hosted by the Marshall Bennett Institute of Real Estate at Roosevelt University. The event will take place on Nov. 7.

    Christopher G. Kennedy, chairman of Joseph P. Kennedy Enterprises, will keynote the event, which draws more than 400 attendees annually and benefits Roosevelt’s real estate program.

  • Togo's opens Ripon, Calif., location

    Ripon, Calif. — Togo's Eateries has announced the opening of its first location in Ripon, Calif.

    The restaurant will host a ribbon cutting ceremony on Sept. 5 at 11:30 a.m. In addition, a grand opening celebration has been planned for Saturday, Sept. 7 from 11 a.m. – 1 p.m.

    Togo's in Ripon will also offer online ordering and catering services for in-store pick up.

  • DSW inks deal at Shops at La Palmera in Corpus Christie

    Fort Worth, Texas -- Designer Shoe Warehouse — DSW — has announced plans for a new store at The Shops At La Palmera, a 200,000-sq.-ft. outdoor shopping center in Corpus Christie, Texas, according to Trademark Property Company.

    Construction has begun on the 18,000-square-foot DSW, which is located adjacent to Catherine’s. This is the first Corpus Christi location for DSW Inc., which is scheduled to open in early 2014.

  • DSW signs three leases from New York to Oklahoma

    Columbus — Designer Shoe Warehouse — DSW — has announced the opening of three new stores across the country.

    The locations are:

    • Colerain Ave. in Cincinnati, Ohio, opens Sept. 5
    • Veteran Parkway, Springfield, Ill., opens Sept. 5
    • Bowles Ave. in Littleton, Colo., opens Sept. 5
  • Cycle Gear opens first Wisconsin store

    Benicia, Calif. — Cycle Gear Inc. has announced the chain’s first Wisconsin store in Brookfield, a suburb of Milwaukee. With this new location, Cycle Gear now operates more than 100 stores in 29 states.

    The Brookfield store is now open now and will have a grand opening celebration from Sept. 13 to Sept. 15 featuring sales and vendor appearances.

     

  • C. P. Hart launches new London showroom

    London — C.P. Hard will open the doors to its new showroom in the Chelsea area of London during this year’s London Design Festival, which takes place Sept. 14 to Sept. 22.

    The new retail space will provide architects, interior designers and consumers with a creative and informative working studio featuring products from C.P. Hart lines.

     

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