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REAL ESTATE

  • Cullinan Properties relocates headquarters

    Peoria, Ill. -- Cullinan Properties is relocating its corporate headquarters. Cullinan Properties has purchased 18,320-sq.-ft. of space at GEM Terrace Office Condominiums in East Peoria, Illinois from EM Properties. The entire building is 26,000-sq.-ft. and features steel-frame construction and a glass-curtain wall exterior.    Other occupants of the building include Heritage Bank, Validus Technologies, Legacy Investments Services and Consociate Dansig Group. 
  • Stiles Realty hires industry vet as senior associate

    Fort Lauderdale, Fla. -- Nicole Messer has joined the retail group of Stiles Realty as senior retail associate. In this role, Messer will focus primarily on developing third-party retail leasing and investment sales business in the Palm Beach, Fort Lauderdale and Miami markets.  
  • New Premium Outlets Montreal Center opens Oct. 30

    Montreal, Canada – Retail real estate firm Simon, private Canadian developer SmartCentres and Calloway REIT are celebrating the opening of Premium Outlets Montreal Thursday, Oct. 30. Featuring designer and lifestyle brands, the new centre has more than 80 outlet stores offering savings of 25 to 65% every day.    Many of these new outlet stores are unique to the Montreal metro area, including Michael Kors, Max Mara, The Hudson Bay Outlet, Desigual, Vans and many more.
  • Bar Louie opens new location at Shops at Park Lane

    Dallas –- Bar Louie will open its newest location at the Shops at Park Lane in Dallas. Bar Louie will occupy the 7,332-sq.-ft. former Park Tavern space and open mid-November.   UCR’s Stan Lotridge represented the tenant, BL Restaurant Operations, and UCR’s Ashley O’Malley represented the landlord, Northwood Retail.  
  • Brixmor upgrades shopping center portfolio

    New York -- Brixmor Property Group Inc. has provided an update on its ongoing program to maximize value in its shopping center portfolio. These initiatives involve upgrading its centers' merchandise mix with strong, best-in-class anchors to drive higher sales, traffic and small shop leasing, while elevating center appeal to improve rent levels and shopping center net operating income.   
  • Elizabeth Allen joins UCR as VP

    Dallas - UCR Dallas, a retail real estate services provider, has named Elizabeth Nabholtz Allen as VP who will specialize in retail project leasing. Allen has extensive experience in property representation. Prior to joining UCR, Elizabeth was the director of leasing for RioCan Real Estate Investment Trust for Texas, where she directed leasing for more than 5 million sq. ft.  
  • Legend Retail Group adds Legend Investment Group

    Denver -– Legend Retail Group a provider of representation of retail tenants and landlords throughout the Denver metro area, has added a component to the firm’s list of client services: Legend Investment Group.    
  • Rally House opens at Old Town Center in Dallas

    Dallas -– Specialty sports retailer Rally House has signed a 10-year lease for a 6,200-sq.-ft. store location at Old Town Shopping Center in Dallas. Westwood Financial Corp. (WFC), a privately held owner-operators of U.S. retail properties, operates the center.  
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