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Meijer names new president
Grand Rapids, Mich. -- Meijer said Tuesday it has named J.K. Symancyk president of the company, effective Feb. 3. Symancyk was named COO of Meijer last year.
“I am pleased to introduce J. K. as our next company president," said Hank Meijer, co-chairman and CEO. "J. K. has been a key member of our leadership team, including most recently as our COO, and he has played an important role in the growth and success of Meijer since joining us in 2006." -
DDR expands Puerto Rico redevelopment program
Beachwood, Ohio -- DDR Corp. announced Tuesday that it has expanded its redevelopment program in Puerto Rico from $50 million to $90 million.
"Increased demand for quality retail space in this supply-constrained market has created unique value-add opportunities in many of our most productive assets," said Paul Freddo, senior EVP leasing and development, DDR. "By executing our strategic redevelopment plan, we are creating attractive opportunities for our key domestic tenants to establish or expand their presence on the island."