Retail Execution

Ramsey, N.J. -- Welco Realty, an X Team partner, announced that it has signed a lease with Modell’s Sporting Goods for its new smaller-concept store, the retailer’s first in New Jersey.

The store is approximately 8,551 sq. ft., about half its standard size. Modell’s first small-format store opened on Amsterdam Avenue in Manhattan.
 

Columbia, S.C. -- Edens & Avant announced it has appointed Peter Melmed as VP construction and development. 

Melmed will be based in Bethesda, Md., and will oversee the construction of large-scale development and redevelopments throughout the Edens & Avant portfolio.

Prior to joining Edens & Avant, Melmed was a real estate consultant at PJM Realty.

Fort Worth, Texas -- Applebee’s Services said Wednesday it has chosen customer analytics firm Buxton to assist with the franchise system’s real estate expansion and company asset-management strategies for Applebee’s Neighborhood Grill &Bar restaurants.

Applebee’s, a DineEquity brand, will use Buxton’s Scout platform, to establish future expansion in potential franchise markets and assist in asset management decisions.

Sacramento, Calif. -- Voit Real Estate Services announced that the Gallelli Retail Team, led by Jason K. Gallelli, has joined the Sacramento office of Voit.

In their previous role with Colliers International, The Gallelli Retail Team represented more than 50 Northern California shopping centers, as well as representing more than 25 national retailers, such as Cinemark Theatres, Best Buy, TJX Companies, Costco, Sprouts Farmers Market, Chipotle, and Panera Bread.
 

LOUISVILLE, Ky. -- Brown-Forman announced today the appointment of Lawson Whiting as managing director Western Europe, based in London, effective May 1.

Fort Worth, Texas -- Trademark Property Co. said that Vince O’Toole has joined the company as senior VP leasing, effective March 7.
 
O’Toole will lead the specialty store leasing efforts for Santa Fe Place mall in Santa Fe, N.M., and serve as the leasing team leader for Watters Creek in Allen, Texas.  Additionally, he will work on new business for Trademark.

He joins Trademark from Cousins Properties, Atlanta.

BENTONVILLE, Ark. -- Wal-Mart Stores said it will open a new office in Atlanta, positioning the retailer to more effectively manage nearly 1,600 stores in 20 eastern U.S. states and allow it to focus on opportunities to grow its business in states such as New York.

The new eastern business unit will be run by Rosalind Brewer, president of Walmart East and executive VP of Walmart U.S.

Columbus, Ohio -- Tarrytown, N.Y.-based DLC Management Corp. said that Shoppers World has signed a lease at Northern Lights Shopping Center in Columbus, Ohio. The 40,805-sq.-ft. apparel/variety merchandise retailer signed an eleven year lease and will join a dominant tenant lineup at this 361,000-sq.-ft. shopping center including Kroger, Marshall’s, Sears Outlet, and Citi Trends.

Shoppers World is expected to open in the summer.