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.

IKEA Canada Names Halifax Store Manager

Burlington, Ontario (Canada) — IKEA Canada has named Sue Coulet as the new IKEA Halifax store manager. Having held a variety of senior management roles in Atlantic Canada over the past two decades, including leading the expansion of two national retail chains in the region, Coulet brings to IKEA a deep understanding of the local marketplace.

NAS To Manage Texarkana, Texas, Shopping Center

Texarkana, Texas — National Asset Services (NAS), one of the country's leading commercial real estate companies, has been selected as the asset management company for a 56,427-square-foot portion of Richmond Ranch Shopping Center in Texarkana, Texas.

Northwood Retail Opens Regional Office in Charlotte, North Carolina

Charlotte, N.C. — Northwood Retail, LLC has expanded its North Carolina presence with the addition of a leasing and management office in Charlotte. The regional office will oversee operations at Blakeney, Blakeney Crossing and Latta Arcade in Charlotte, N.C., as well as support the leasing activity for Waverly Place in Cary, N.C. and Freshfields Village in Kiawah Island, S.C.

Brixmor Property Group Names CEO & President

New York City — The board of directors of Brixmor Property Group Inc. has named industry veteran James (Jim) M. Taylor as CEO and president. Taylor joins Brixmor with more than 20 years of experience in the commercial real estate industry. His appointment will become effective May 20, 2016 and he will join the company's board on June 16, 2016.

JLL Now Managing The Shops at Wailea in Hawaii

Honolulu — JLL has been retained to manage and handle accounting services for The Shops at Wailea in Maui, Hawaii, on behalf of a global real estate investment firm. The recently acquired 176,229-square-foot retail destination is located in the heart of the affluent Wailea Resort. The property boasts global luxury retailers including Louis Vuitton, Prada, Gucci, Bottega Veneta, Rolex and Tiffany & Co., with Island Gourmet Market launching in September.

JLL To Expand West Coast Retail Property Management Practice

San Francisco — In response to an increased demand for retail property management services, JLL has agreed to acquire Shelter Bay Retail Group, a retail property management firm based in Mill Valley, Calif. The addition of Shelter Bay’s 74 urban and suburban, open-air shopping centers is expected to increase JLL’s third-party retail property management portfolio in the United States by 6.5 million square feet to a total of 83.5 million square feet.

Del Amo Fashion Center Undergoing Transformation

Torrance, Calif. — Del Amo Fashion Center will tout a new nearly 2,000-car parking structure complete with quick-charge electric vehicle charging stations, car counters and direct access to the new Nordstrom when it debuts at the center this October.

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