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  • KeyPoint Partners closes eight deals

    Burlington, Mass. — The investment sales team at KeyPoint Partners has completed the sale of eight properties throughout New England. Totaling about 440,000 sq. ft., the properties consist of shopping centers, mixed-use and single-tenant buildings in Massachusetts, Rhode Island, New Hampshire and Connecticut. The aggregate price of the properties was in excess of $30 million. The properties include:

    • Shaw’s Plaza, a 121,660-sq.-ft. shopping center in Providence, R.I.

  • Silver Jeans Co. to open at Woodfield Center

    Winnipeg, Manitoba -- Silver Jeans Co. will open a store at Woodfield Mall on April 11, in Schaumburg, Ill.

    "We put a lot of work into making sure the store environment represents our brand," says Michael Silver, CEO, Silver Jeans Co. "Consumers will be able to experience our brand values by visiting one of our lofts. We've created an environment that has a comfortable modern feeling but also lets our guests know that we're a historic brand with a rich 92-year history."

  • Report: Bebe considering sale

    Brisbane, Calif. – Bebe Stores Inc. is reportedly considering selling the business. According to Reuters, an anonymous source with inside knowledge said Bebe has hired Guggenheim Securities to help evaluate a possible sale.

  • Simon outlet center in Clarksburg, Md., approved

    Indianapolis — Simon Property Group has received zoning approval from the Montgomery County Council in Maryland by unanimous vote for the development of Clarksburg Premium Outlets at Cabin Branch.

    Simon Property Group, New England Development and Streetscape Partners make up the development team for the project, which will add 1,500 jobs and more than $150 million in private investment to the local economy. The development team is planning to open Clarksburg Premium Outlets by late 2015.

  • Hudson’ Bay Co.’s CFO resigns

    Toronto -- Michael Culhane, CFO of Hudson’s Bay Company, has resigned following a leave of absence from the company.  

    Culhane went on personal leave on January 22, at which time COO and president Donald Watros was appointed acting CFO. He will continue in that role until a permanent replacement is named.

    “This is the ideal time for me to leave HBC as the company is well positioned for the future,” said Culhane. “I wish all of HBC’s associates and business partners continued success.”

  • Tractor Supply adds Luxottica exec to board

    Tractor Supply Company has elected Mark J. Weikel to the company's board of directors. Weikel currently serves as president and CEO of Luxottica Retail Optical North America.

    Prior to his various positions at Luxottica, Weikel served as COO of Lord & Taylor. Before Lord & Taylor, Weikel was president & COO of Victoria's Secret Stores at Limited Brands. Earlier in his career, Weikel held several management positions at the May Department Stores Company.

  • Havertys to Glensford Commons in Fayetteville, N.C.

    Charlotte, N.C. — Havertys Furniture has leased a 45,000-sq.-ft. location in Glensford Commons in Fayetteville, N.C. The Charlotte office of Divaris Real Estate represented Havertys Furniture in the lease negotiations.

    Other leases completed by Divaris in the Carolinas include a 3,600-sq.-ft. location for Firsthealth of the Carolinas in Carthage, N.C. Divaris handled the lease negotiations on behalf of the landlord, Food Lion.
     

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