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REAL ESTATE

  • GGP launches ‘Where Is the Love?’ Valentine’s Day mobile campaign

    For Valentine’s Day, mall owner General Growth Properties has challenged shoppers to power up their mobile devices to “search for the love” at a GGP mall. Effective Feb. 1, customers began entering the Where Is the Love? sweepstakes by finding and scanning love-themed QR codes hidden throughout participating GGP malls.

  • NAI MLG Commercial names principal

    Milwaukee -- NAI MLG Commercial said Tuesday that Brian J. Vanevenhoven has been named principal of the firm.

    Vanevenhoven joined NAI MLG Commercial in 2000 and became a retail associate in 2001. In 2006, he was promoted to VP, and in 2007 was promoted to senior VP of the retail team. 

  • Chicago-area report points to growth in new shopping center construction after 2012

    Oakbrook, Terrace, Ill. -- A report released Monday by Mid-America Real Estate Corp. suggested that new shopping center construction in and around Chicago could ramp up significantly after this year.

    According to the 2011-12 Chicagoland Shopping Center Report, with a 13.4% decrease in new shopping center GLA in Chicagoland last year, 2011will likely mark the bottom of a four-year decline in retail center construction. After a flat 2012, shopping center development could double in 2013, according to Andy Bulson, author of the report.
     

  • American Eagle Outfitters to open stores in Israel

    Pittsburgh -- American Eagle Outfitters said Tuesday that its debut store in Israel will open on Thursday at Ramat Aviv Mall, in Tel Aviv.

    Ten additional locations are planned over the next month, in locations such as The Big Mall in Petach Tikva, Kiryat Ono Mall, and Mall of Haifa. The franchise stores will be operated by Fox-Wizel Ltd., a leading retailer and wholesaler in the region.

  • CBRE names vice chairman

    Washington, D.C. -- CBRE announced Tuesday that Louis G. Christopher has joined the firm as vice chairman, charged with focusing on tenant representation on a local, national and global level.

    Christopher was previously with Cushman & Wakefield’s, where he was chairman of the firm’s Tenant Advisory Group.

  • Robin Group announces promotion

    Los Angeles -- The Robin Group said Tuesday that Yoav Sarraf has been promoted to VP and director of retail brokerage services.

    Sarraf joined TRG in 2008. He was previously director of acquisitions for Brighton Holdings.

  • Post-holiday shopping center survey reveals optimism

    North Plainfield, N.J. -- A survey released Monday by Levin Management Corp., which polled retailers within its 12.5 million-sq.-ft. shopping center portfolio in New Jersey, Pennsylvania and New York, found a general feeling of post-holiday optimism.

  • Corner Bakery Cafe to open at Festival at Woodholme

    Baltimore -- Jacksonville, Fla.-based Regency Centers said that it has leased space at Festival at Woodholme, located in Baltimore, to Corner Bakery Cafe. 

    The fast-casual restaurant leased 3,513 sq. ft. of space and is slated to open in summer 2012. The cafe is the newest addition to an array of new retailers, including Ann Taylor Loft, Francesca’s Collection, Wine Loft and Couture Moda, that recently joined Festival at Woodholme.

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