Schostak Hires Operations Veteran as EVP & COO

Livonia, Mich. — Livonia Mich.-based Schostak Brothers & Company has hired Thomas W. Litzler as executive vice president and chief operating officer, according to CEO David Schostak. He joins the company from Brixmor Property Group.

PREIT Completes Anchor Improvements at Viewmont Mall

Philadelphia — PREIT has opened three new retailers at Viewmont Mall in Scranton, Pa., where the company recently recast its anchor mix. DICK'S Sporting Goods, Field & Stream and HomeGoods have opened within the space formerly occupied by Sears and proactively recaptured by PREIT.

Upper Canada Mall Plans $60 Million Redevelopment for 2018

Toronto — Oxford Properties Group plans to redevelop and expand the former Target location at Upper Canada Mall in Newmarket, Ontario (Canada). The redevelopment includes the introduction of a one-level, 64,000-square-foot Sport Chek location, a 40,000-square-foot first-to-market Food Market concept, a new two-level feature court space and a 35,000-square-foot vertical expansion. Construction officially commenced in February and the redevelopment is scheduled to open in 2018.

CBRE Group, Inc. Acquires Skye Group

Los Angeles — CBRE Group, Inc. has acquired Skye Group (Skye), a leading provider of retail project management, shopping center development and tenant coordination services in the U.S. and Canada. This acquisition enhances CBRE’s position in the retail market by bolstering its retail project management service offerings.

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