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REAL ESTATE

  • Marcus & Millichap names Denver retail exec

    Denver -- Marcus & Millichap Real Estate Investment Services announced that Jon Hendrickson has been named associate director of the firm’s National Retail Group in Denver.

    Hendrickson joined Marcus & Millichap’s sales intern program in 2004, became an agent in 2006 and was promoted to senior associate in 2009.
     
     

  • Hanley Investment Group names new exec

    Irvine, Calif. -- Hanley Investment Group Real Estate Advisors said that Jonathan Selznick has joined the company as VP.

    Selznick was most recently a broker with Pacific Commercial Investments in Irvine, Calif., where he advised clients on the acquisition and disposition of retail investment properties.
     

  • Sawgrass Mills to break ground on expansion

    Sunrise, Fla. -- Indianapolis-based Simon Property Group announced that Sawgrass Mills, the largest outlet, value retail and entertainment destination in the United States with more than 350 stores, will soon break ground on its newest phase of development to increase the footprint of The Colonnade Outlets at Sawgrass Mills. 

    This milestone also represents the soon-to-be-completed 140,000-sq.-ft. retail expansion of the south side of the property.

  • Parmida Home debuts in Virginia

    Fredericksburg, Va. -- Youngstown, Ohio-based Cafaro Co. announced that Parmida Home will open a new store at The Village at Towne Centre, near Fredericksburg, Va.

    The 6,900-sq.-ft. store is slated to open in early November across from Sephora.

    The Village at Towne Centre is the outdoor shopping district of Spotsylvania Towne Centre, a 1.7 million-sq.-ft. complex offering more than 120 department stores, specialty shops, restaurants, hotels and entertainment venues.
     

  • Jones Lang LaSalle named receiver of East Town Mall

    Green Bay, Wis. -- Jones Lang LaSalle said Thursday that business at East Town Mall, in Green Bay, Wis., would continue as usual, as the Atlanta-based company takes over as receiver for the mall.

    The 198,000-sq.-ft. regional shopping center is located on the east side of Green Bay, Wis., in Brown County. Greg Maloney of Jones Lang LaSalle was appointed receiver and, under his leadership, JLL’s retail leasing and management team assumed immediate oversight of the mall and put its expertise to work to help stabilize the asset.

  • Republic of Couture to open at Delray Marketplace

    Delray Beach, Fla. -- Indianapolis-based Kite Realty Group said Thursday that Republic of Couture will open an 8,000-sq.-ft. store at Delray Marketplace, located in Delray Beach, Fla. The new store is slated to open in November.

    Delray Marketplace is a 270,000-sq.-ft. center anchored by Franks Theatres, Max’s Grille and Publix.

  • Brixmor expands leasing department

    New York -- Brixmor Property Group announced the addition of 11 leasing associates and the appointment of three Brixmor leasing representatives during the past six months with its focus on increasing the portfolio’s occupancy, further strengthening retailer relationships, and enhancing revenue from ancillary programs.

  • T.J. Maxx to open new location at Southbury Plaza

    Southbury, Conn. -- Real estate firm RHYS Commercial announced that T.J. Maxx has signed a long-term lease to open a 22,000-sq.-ft. store at Southbury Plaza, located in Southbury, Conn.

    Southbury Plaza, owned by Gatto Development Corp., is a 300,000-sq.-ft. shopping center anchored by Stop & Shop Supermarket, Kmart and Panera Bread.
     

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