Retail Execution

NAPERVILLE, Ill. — OfficeMax announced that it has appointed Mike MacDonald as EVP and president of its global contract organization and Steve Mongeau as SVP sales and growth initiatives, effective Aug. 15.   

WASHINGTON — Walmart and the Walmart Foundation have announced a $3 million initiative designed to help D.C. residents get the skills and training they need to gain employment. The program will offer literacy, customer service and retail training to 2,000 District residents.

Dallas -- SRS Real Estate Partners announced Thursday it has hired Lenny Eterno as a senior associate in the South Florida office.

Eterno will be focusing on the Miami Beach and downtown Miami trade areas.

Prior to joining SRS, Eterno worked for SRS’ affiliate, Cypress AutoGroup, LLC, where he completed transactions throughout the southeast.
 

Virginia Beach, Va. -- Divaris Real Estate announced Tuesday the appointment of Eric Bucklew as general broker for its Virginia Beach office.

Bucklew will focus on retail sales and leasing services to support the expansion of DRE's portfolio of leased and managed properties in the Hampton Roads, Va., region.

Virginia Beach, Va. -- Divaris Real Estate announced Tuesday the appointment of Eric Bucklew as general broker for its Virginia Beach office.

Bucklew will focus on retail sales and leasing services to support the expansion of DRE's portfolio of leased and managed properties in the Hampton Roads, Va., region.

Phoenix -- Cole Real Estate Investments announced Monday that it has signed leases totaling approximately 278,000 sq. ft. at Cole-related retail properties through the first half of 2011.

The leases consist of approximately 129,000 sq. ft. of new leases and approximately 149,000 sq. ft. in renewals, bringing the occupancy rate for Cole’s portfolio of more than 1,450 properties to 97.3%.

Baltimore -- Oak Brook, Ill.-based Inland Western Retail Real Estate Trust announced that Reisterstown Plaza Associates LLC, one of its wholly owned subsidiaries, has signed a lease with Big Lots to occupy a 35,000-sq.-ft. location at Reisterstown Road Plaza in Baltimore.

The Big Lots is slated to open this fall and brings the center to more than 92% leased.
 

New York City -- Whole Foods Market plans to open a store in Virginia Beach, Va.

The retailer recently signed a lease with S.J. Collins Enterprises for the construction of a 40,000-sq.-ft. store in the Hilltop section of Virginia Beach. It is scheduled to open by yearend 2013.