REAL ESTATE

Matthews, N.C. – Family Dollar presented its annual Strategic IT Partner of the Year award to Trade Area Systems at its IT Strategic Partner last month. In September 2012, Family Dollar implemented the Trade Area Systems TAS Unity solution to give real estate managers mobile access to a database of real estate photos, comments and other relevant data.

SEATTLE — Starbucks subsidiary Seattle’s Best Coffee opened 10 new drive-through windows at restaurants throughout the Dallas/Fort Worth area.

Items available for drive-through purchase include 12 combo specials priced $5 or less.

Cincinnatti -- Macy’s plans to close a store located in downtown St. Louis at the Railway Exchange Building on Olive Street, with a final clearance sale beginning Sunday, June 2 that is expected to last about 10 weeks. Macy’s plans to continue operating its other eight stores in the Greater St. Louis area.

Bentonville, AR -- Wal-Mart Stores, Inc. has installed eight solar photovoltaic (PV) arrays in Massachusetts.

The arrays contain almost 10,000 solar panels that Wal-Mart estimates will generate 2.8 million kilowatt hours (kWh) of energy every year, eliminating almost 1.5 billion tons of carbon dioxide emissions.

COLUMBUS, Ohio — Shopping malls continue to be popular with consumers because they offer hands-on shopping experience, according to results of a new survey from Glimcher Retail Monitor. Consumers cite reasons such as ability to try on clothes and accessories (74%), the shopping experience (55%) and store variety (49%) for going to the mall.

Longmont, Colo. -- NewMark Merrill Mountain States named three new anchors for the redeveloped Twin Peaks Mall: Whole Foods Market, Regal Cinemas and Sam’s Club.

The project, which is slated to open in 2014, also unveiled its new name – Village at the Peaks.

Philadelphia -- Tex-Mex family restaurant operator Uncle Julio’s will join Plymouth Meeting Mall in late 2013, according to mall owner Pennsylvania Real Estate Investment Trust (PREIT), based in Philadelphia.

The 9,300-sq.-ft. location will be the first in Pennsylvania, and marks the completion of The Plaza Shops extension, which is anchored by Whole Foods and includes Massage Envy, Coldwater Creek, Loft, Chico’s, Olly Shoes, Orvis, and Jos. A. Bank.

New York -- Brixmor Property Group has appointed Michael V. Pappagallo as president and CFO, effective May 20.

Pappagallo will play an integral role in the execution of Brixmor's long-term business and capital markets strategy.  In addition, he will lead the company's finance and accounting teams, as well as have functional oversight of its property operations, information technology, acquisitions/dispositions and investor relations efforts.