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Mid-America Real Estate appoints new Michigan principal
Oakbrook Terrace, Ill. -- Chicago-based Mid-America Real Estate Group announced the appointment of Cynthia J. Kratchman as a new principal at its Detroit-based division Mid-America Real Estate-Michigan Inc.
Kratchman joins the firm with more than 20 years of retail brokerage experience in Michigan, and will be primarily responsible for tenant representation, surplus disposition and high profile listings.
Previously, she was a broker with Landmark Commercial Real Estate Services.
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Regency Centers announces ground-up development in Houston
Jacksonville, Fla. -- Shopping center owner Regency Centers said Thursday that it has launched construction on Southpark at Cinco Ranch, a 260,000-sq.-ft. neighborhood center anchored by Kroger, in Fort Bend County, Houston.
In partnership with Excel Commercial Real Estate, Regency Centers began construction of the center’s first phase on Feb. 20, with anchor openings scheduled for fourth quarter 2012.