REAL ESTATE

Howard Hughes Corp. names new CFO
Experienced investment industry executive David R. O’Reilly has been named chief financial officer of The Howard Hughes Corporation and will assume the office on Oct. 17. He fills the vacancy left by retired CFO Andrew Richardson. O’Reilly joins the company from Parkway Properties, a Florida-based real estate investment trust whose portfolio is focused on office properties. Previously, he served in senior executive positions at Banyan Street Capital, Barclays Capital, and Lehman Brothers.
McWhinney names a ‘Mayor’ of Denver’s Dairy Block
Simon and General Growth Properties veteran Tom Martin has joined McWhinney’s development team as VP of mixed-use operations and general manager of Dairy Block. A McWhinney press release said that Martin will also hold the title of Mayor of Dairy Block, a mixed-use project the company is building in the Lower Downtown, or LoDo, section of Denver. The neighborhood houses Coors Field, Union Station, boutiques, and galleries.

Inland exec receives Distinguished Service Award

Inland Private Capital Corp.’s Keith Lampi received the Distinguished Service Award from the Alternative and Direct Investment Securities Association during its recent annual conference in Las Vegas. "Keith has exhibited an honorable commitment to excellence and service to the industry while adhering to the highest ethical standards and quality performance," said ADISA executive director and CEO John Harrison in presenting the award.
Google setting up shop in New York City

In what could be a prelude to a retail strategy, Google is doing up a pop-up in the Big Apple. The temporary outpost, called "Made by Google,” will open in downtown Manhattan, at 96 Spring Street, on Oct. 20, according to a notice on the search giant's website. It’s the same day that Google’s new smartphones, the Pixel and Pixel XL, go on sale nationwide.
Not your typical off-pricer set to make Brooklyn debut

Century 21 Department Store is set to open its doors on Fulton Street in downtown Brooklyn. The store, the off-price retailer’s 11th location, will occupy four floors and 140,000 sq. ft. at City Point, a 1.8 million-sq.-ft. retail, residential and office space under development. It officially opens on Oct. 11.
Online apparel retailer making move to brick-and-mortar

ModCloth, the online apparel retailer known for its indie and vintage-inspired styles, is opening up its first permanent store. The company will open a 4,000-sq.-ft. location in Austin, Texas, in November, Bloomberg reported. Other locations are likely to follow.
Tanger breaks ground next to Texas Motor Speedway

Raceways appear to be the newest fertile ground for retail. International Speedway Corporation recently started construction at One Daytona, a mixed-use project across from Daytona International Speedway, and now Tanger Outlets has started up a new center a lap away from Texas Motor Speedway.
Kiler rejoins Edens to manage Texas properties

Just two years after leaving the company, Tom Kiler has rejoined Edens as senior VP in charge of the company’s 20 Texas properties. Kiler will be responsible for management of the current portfolio in the Lone Star State and will direct acquisitions, development, and operations of Edens properties in Dallas and Houston. These include Houston’s Uptown Park and Dallas’s Preston Royal.
West Elm goes for three in Nevada

Between a partnership with Sonos and its expansion into the boutique hotel business, it’s been a busy couple of weeks for West Elm. And with it all, the home furnishings retailer continues to grow its core business. West Elm will open its third store in Nevada, in Downtown Summerline, on Oct. 6. As part of the retailer’s Local program, eight Nevada-based makers and designers will sell their products with the store’s holiday assortment of modern furnishings and décor.
Ground is broken at Kentucky value center

Construction is underway at a planned 185,000-sq.-ft. center that will bring a top-level roster of value retailers to the western Kentucky town of Hopkinsville. Thompson Thrift is the developer. Hopkinsville Town Center, located just north of Clarksville on the Tennessee border, will count Hobby Lobby, TJ Maxx, Ross Dress for Less, Ulta, Burke’s Outlet, Hibbett Sporting Goods, and Rack Room Shoes among its tenants when it opens in late 2017 or early 2018.