Restaurant

Location: Cincinnati

Size: 1.1 million sq. ft.

Developer: Co-developed by Steiner + Associates and Bucksbaum Retail Properties
Major tenants: Dillard’s Department Store, CineBistro, a 135-room hotel, 220 luxury residential units and 100,000 sq. ft. of office space.

Status: Construction is scheduled to begin in early 2014 with the opening scheduled for summer 2015.

Boca Raton, Fla. -- Office Depot, formed by the merger of Office Depot and OfficeMax, announced the appointment of Stephen Hare as executive VP and CFO, effective immediately. Hare replaces co-CFO Mike Newman, who has retired from the company, and interim Co-CFO Deb O’Connor, who has returned to her position as senior VP, finance and co-chief accounting officer.
 

Office Depot’s new chairman and CEO Roland Smith enlisted a former colleague from the fast food industry to serve as CFO of the recently combined Office Depot and OfficeMax company.

Virginia Beach, Va. — Dollar General, Lily’s As Seen on TV, Sunrise Pizzeria and General Nutrition Corporation have all signed leases for retail space in Virginia, according to Divaris Real Estate, which represented the shopping centers in the transactions.

Dollar General renewed its lease for 6,720 sq. ft. in the Divaris-leased and –managed Glenwood Shoppes in Norfolk.

Chicago -- Upward growth in large-scale, new construction projects as well as an uptick in fine dining and hospitality construction, is predicted for 2014, according to Englewood Construction’s Commercial Construction Forecast 2014.

Irvine, Calif. -- In early 2013, global touch-screen electronic POS manufacturer J2 Retail Systems was acquired by The Aures Group. Having maintained separate operations in the U.S. market for the past nine months, the two companies, J2 Retail Systems, Inc. and Aures Technologies, Inc., have today announced their merger. They will now trade as J2 Retail Systems, Inc.

Seattle – The Second Circuit U.S. Court of Appeals in New York has reportedly ruled that Starbucks baristas must share their tips with supervisors. According to the Associated Press, the ruling supports a lower court finding that baristas at Starbucks must share tips with shift supervisors, since the supervisors do much of the same work as the baristas.

Bangalore, India - Tata Starbucks Limited, the 50/50 joint venture between Starbucks Coffee Company and Tata Global Beverages Limited, opens a new India flagship store in Bangalore on Saturday, Nov. 23.

In addition to the flagship store at Koramangala, Tata Starbucks Limited will open two more stores by the end of the year at Phoenix Market City and Orion Mall at Brigade Gateway in Bangalore.