Insights

Dallas —
 SRS Real Estate Partners has hired Danielle M. O'Hara Murphy as a senior associate in the Orlando office. She will primarily focus on providing tenant representation for national retailers, as well as acquisitions, dispositions, investment properties and landlord representation.

O’Hara Murphy previously worked with CBRE, The Staubach Company and JLL.

Los Angeles — CBRE Group announced that it has acquired CBRE | Louisville, a commercial real estate services firm that has served as CBRE’s affiliate in metropolitan Louisville, Kentucky and southern Indiana since 1996.

The firm has a staff of 34 and manages more than 10 million sq. ft. in the region.

Virginia Beach, Virginia — Tupelo Honey Cafe has leased 7,000 sq. ft. at Town Center of Virginia Beach, offering traditional Southern restaurant fare. This second Tupelo Honey Cafe in Virginia will be located at the corner of Constitution Drive and Main Street on the first floor of the newly constructed 4525 Main Street Tower, according to Divaris Real Estate, which leases and manages the center.

Target Corp. is running a Q&A with its new chairman and CEO, Brian Cornell, on its in-house, behind-the-scenes blog, A Bullseye View. The interview was conducted by the Bullseye View team.

You are the first CEO who has been hired from outside of Target. What are the benefits of coming in from the outside? What will be some of the challenges?

New York — RKF has arranged a 1,900-sq.-ft. lease with high-end bedding retailer Duxiana at 9 West 20th Street in the Flatiron District. Located on the north block between Fifth and Sixth Avenues, this will become Sweden-based Duxiana’s third Manhattan location, and marks the brand’s return to the Flatiron District after a previous relocation.

Phoenix — CBRE Group, Inc. announced that Geoffrey Harris has joined the firm’s Capital Markets’ Debt and Structured Finance team as senior VP.

Based in Phoenix, Harris will play a key role in originating net-leased transactions for the firm nationally, in the multi and single-tenant, office, retail and industrial properties space.

Harris joins CBRE from Meridian Capital where he was managing director. He previously served as VP of Capital Markets at Marcus & Millichap.

Chicago — Regency Centers announced the groundbreaking of a new 40,000-sq.-ft. Whole Foods Market, located 25 miles from downtown Chicago in Schererville, Indiana.

The new store, situated in The Shops on Main shopping center, is projected to open in fall 2015. Current tenants include Homegoods, Gordmans, Ross Dress for Less, and DSW Designer Shoe Warehouse.

New York — Nordstrom has announced plans to open a Nordstrom Rack at the Empire Outlets in Staten Island. The 34,000-sq.-ft. store is scheduled to open in fall 2016. The property is being developed by BFC Partners.