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REAL ESTATE

  • Marcus & Millichap names senior director

    Encino, Calif. -- Marcus & Millichap Real Estate Investment Services said it has named Brandon Michaels senior director of the firm’s National Retail Group in Encino.

    Michaels joined Marcus & Millichap in July 2004.
     

  • Fuji Steakhouse to open at Southpoint Crossing

    Durham, N.C. -- Jacksonville, Fla.-based Regency Centers said it has leased restaurant space to Fuji Steakhouse at Southpoint Crossing shopping center, located in Durham, N.C.

    The Japanese restaurant leased 6,400 sq. ft. and is slated to open in summer 2012.

    The 103,128-sq.-ft. shopping center is anchored by a 59,160-sq.-ft. Kroger alongside national retailers such as McDonald’s, GNC, Ruby Tuesday and H&R Block.
     

  • Forever 21 to expand at Discover Mills

    Lawrenceville, Ga. -- Indianapolis-based Simon Property Group and its real estate platform The Mills announced that a newly expanded 20,000-sq.-ft. Forever 21 will open at its value retail destination Discover Mills, located in Atlanta.

    The enlarged Forever 21 is slated to open summer 2012 near Entry 5 across from Nike Factory Store.

    “An expanded and relocated Forever 21 enhances our value retail mix and the overall shopping experience at Discover Mills,” said Karl Woodard, general manager of Discover Mills.

  • Von Maur joins Riverchase Galleria project

    Hoover, Ala. -- Chicago-based General Growth Properties and Montgomery, Ala.-based Jim Wilson & Associates announced that Von Maur department store will open at Riverchase Galleria, in Hoover, Ala.

    Alabama’s first Von Maur will open in 2013, featuring a 187,000-sq.-ft. store that will join Macy’s, Sears, J.C. Penney and Belk anchors.

  • Retailers at River Chase Shopping Center celebrate openings

    Covington, La. -- Stirling Property Group said that River Chase Shopping Center, in Covington, La., is celebrating the openings of several national retailers in the development’s newest phase. 

    The first openings are scheduled to occur over the next few weeks with others to open this summer.

  • Northridge Fashion Center names marketing manager

    Northridge, Calif. -- Chicago-based General Growth Properties announced that Brooke Whitebread has been named general manager of its Northridge Fashion Center property, located in Northridge, Calif.

    Whitebread will oversee coordination and implementation of strategic advertising, public relations, budgeting, retailer relations and special events.

    Whitebread comes from a GGP-owned center, Fashion Place in Salt Lake City, Utah where she developed and executed strategic marketing plans. 
     

  • SRS Real Estate announces Houston leadership

    Dallas -- SRS Real Estate Partners announced that new leadership in the Houston office has been put in place to help strengthen the firm’s presence throughout central and south Texas.

    Todd Wallace and Robert O’Farrell have been named co-market leaders for the Houston office, focusing on growth via building its retail brokerage team.

    Wallace and O’Farrell currently lead the Austin and newly established San Antonio offices as well. With this leadership change, Wallace and O’Farrell will be leading all the offices.

  • CSA Columnist: High gas prices + warm weather = low sales?

    New York City -- The latest column released by Chain Store Age contributor Jeff Green suggests that increases at the gas pump and a warmer-than-average winter could dampen consumer confidence and negatively impact sales.

    Click here to read this week’s Retail Rap by Jeff Green.

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