Madison International Realty has appointed Ehud Kupperman to oversee the 2 million-plus sq. ft. of tourist-based retail property it acquired from Forest City Realty Trust in New York City.
Ascena Retail Group has completed the $540 million sale of Ann Taylor, Loft, Lane Bryant and Lou & Grey to Premium Apparel LLC, an affiliate of private equity firm Sycamore Partners.
The offices of Chain Store Age will be closed for the Christmas holiday on Dec. 24 and Dec. 25. Daybreaker will resume publication on Dec. 28. The CSA team wishes you a very Merry Christmas.