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REAL ESTATE

  • Saks Off 5th to open in Chandler, Ariz.

    New York -- Saks Fifth Avenue Off 5th will open its doors in Chandler, Ariz., on Thursday, April 4, 2013.

    The new 28,000-sq.-ft. store is located in Phoenix Premium Outlets, which is opening to the public that day. The new outlet center, owned and operated by Simon Property Group, is part of Wild Horse Pass, within the Gila River Indian Community, which includes hotels, a spa, casino, golf, an equestrian center, fine dining and more.

     

  • Sloan’s launches franchising program with goal of 200 U.S. locations

    Palm Beach, Fla. -- Sloan’s, an upscale ice cream, candy and baked-goods emporium, has launched a national franchising program, targeting regions in Florida, the Carolinas, Georgia, New York and New England and throughout California.

  • KeyPoint Partners adds three management, one leasing assignment

    Burlington, Mass. -- KeyPoint Partners said it has added three Massachusetts retail properties to its portfolio that include property management and leasing assignments.

    The firm has been awarded property management contracts for 1080 Route 28, South Yarmouth and 978 Boylston Street, Newton; and property management and leasing contracts for Treble Cove Plaza, Billerica. Marathon Realty awarded the contract.

  • Crossroads Cos. names leasing head

    Mahwah, N.J. -- Crossroad Cos. announced Thursday that it has named Carlo J. Caparruva as EVP of leasing services, charged with overseeing all leasing activities related to Crossroads’ development projects and existing portfolio, as well as third-party real estate services.

  • Burger 21 continues expansion in Florida

    Tampa, Fla. -- Burger chain Burger 21 – founded by the owners of The Melting Pot® Restaurants – announced the signing of two new multi-unit franchise agreements in Florida. Seven new restaurants will be developed over the next several years in the Fort Myers - Naples corridor, Fort Lauderdale, Coral Springs, Davie and Pembroke Pines.

    To date, Burger 21 has six restaurants open in Florida and 18 franchised locations in development along the East Coast.

  • Transwestern names property management exec

    Atlanta -- Transwestern’s Atlanta office announced Thursday that Russell Lipscomb has been promoted to SVP of property management services.

    In his new role, Lipscomb will expand his oversight into business development initiatives and engage in new pursuits to further expand Transwestern’s footprint throughout the Southeast. He will continue to direct a team of 43 property management professionals and provide oversight for all Atlanta-based property management assignments.

     

  • Regency Centers increases energy savings by 75% annually

    Jacksonville, Fla. -- Regency Centers announced Thursday that, through its 2012 “greengenuity” program, it increased annual energy savings by 75%, achieved LEED (Leadership in Energy and Environmental Design) certification for three projects, and tripled the amount of construction and demolition material recycled during the year.
     

  • Destination Maternity superstore format in Canadian debut

    Philadelphia -- Destination Maternity Corp. on Thursday opened the first Destination Maternity superstore location in Canada. The 5,000-sq.-ft. store is in Langley, a suburb of Vancouver, B.C.

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