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REAL ESTATE

  • RKF expands southern California office

    Santa Monica, Calif. -- Robert K. Futterman & Associates said it has doubled its Los Angeles office space to accommodate a now 10-person team.

    Robert Cohen has been promoted to president of the Southern California division and Rachel Rosenberg has been promoted to executive VP, now overseeing all Southern California operations for the firm.
     

  • Edens & Avant CEO named Ernst & Young EOY finalist

    Columbia, S.C. -- Edens & Avant announced Friday that its CEO Terry S. Brown has been named the Ernst & Young Entrepreneur of the Year 2011 Carolinas Award winner.

    The awards program recognizes entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance and personal commitment to their businesses and communities. Brown was selected as the winner in the real estate category from nearly 100 nominations across the Carolinas.

  • Burger concepts – doomed for bust?

    New York City -- Chainstoreage.com columnist Jeff Green challenges the boon of the burgeoning burger concepts, posing the question: “Are burger joints here to stay or just a trendy restaurant theme that will overextend itself and “fall of the map” in a few years?

    Check out Jeff’s latest column on the real estate community page: chainstoreage.com/article/burger-bonanza-rare-or-well-done

  • Macon Mall signs new restaurant tenant

    Macon, Ga. -- Augusta, Ga.-based Hull Storey Gibson Cos. announced that Smok’n Pig BBQ will open a new restaurant at Macon Mall, located in Macon, Ga.

    Macon Mall is preparing to launch a major redevelopment and renovation that will add, expand and relocate the tenant mix. The new restaurant will complete construction this fall and employ up to 150 people.
     

  • REI to make Indiana debut

    Seattle -- Recreational Equipment, Inc. (REI) on Friday announced plans to open a new store in Indianapolis at the Plaza at Castleton next spring. The new store will be the outdoor retailer’s first in the state.

    The one-story, approximately 23,800-sq.-ft. store is one of 117 stores in 28 states and two online stores -- rei.com and rei-outlet.com.
     

  • T.J. Maxx to open at Centerplace of Greeley III

    Greeley, Colo. -- Jacksonville, Fla.-based Regency Centers said it has leased retail space in Greeley, Colo., to T.J. Maxx, which will open a 25,000-sq.-ft. store at Centerplace of Greeley III shopping center.

    The 119,000-sq.-ft. shopping center is anchored by a 42,000-sq.-ft. Sports Authority and a 30,000-sq.-ft. Best Buy.

  • Block opens management office in Atlanta

    Kansas City, Mo. -- Block Real Estate Services said it has opened an office in Atlanta, to provide asset, property, and construction management services to its current portfolio of commercial properties located in the Atlanta-metropolitan area.

    Bert Calvert will oversee the operations for BRES in Atlanta.  
     

  • WP Realty acquires Chesterfield Marketplace

    Midlothian, Va. -- Bryn Mawr, Pa.-based WP Realty announced Thursday that it has acquired Chesterfield Marketplace located in Midlothian, Va.

    This transaction marks WP Realty’s 10th acquisition of the year.

    Chesterfield Marketplace is a one-story, 428,576-sq.-ft. community shopping center anchored by PetSmart, Staples and TJ Maxx, and shadow anchored by Home Depot and Toys “R” Us.

    The portion of the center acquired, 197,942 sq. ft., is currently 54% occupied with 91,232 sq. ft. of available space.

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