management

— By Glen Greenawalt — 3 hospitality employment challenges facing the industry today. It’s ironic that “Down Under,” the 1980s anthem about a group of Australians traveling the world, is by the band Men at Work. In the song, the protagonists clearly are not working — just like much of today’s working age U.S. population. What’s going on with employment trends, and how can hospitality employers get the workers needed to ensure guests get a guest experience? Here are the top three workforce challenges our team sees facing the industry …

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Russell Leffers MaintenX Remodeling Quote

It’s going to happen, and any quick-service restaurant (QSR) owner-operator knows it. Sometime not too far in the future, they’ll need a refresh or remodel of their properties. There’s no getting out of it. Here are some hints from two project managers from MaintenX, a provider of HVAC&R, plumbing, electrical, roofing, construction and general contracting for multisite retailers, restaurants, healthcare, multifamily and other industries. They cover key topics like assembling the correct refresh or remodel team, managing the process and keeping projects on track in the face of potential delays, with a …

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Holbrook, N.Y. — Regency Centers has begun the redevelopment of the 280,000-square-foot former SunVet Mall in the Long Island community of Holbrook. Regency has rebranded the 50-year-old property as The Shops at SunVet and plans to reposition it as a 168,000-square-foot, open-air shopping center with six outparcels. Whole Foods Market will anchor the center. Demolition of the existing structure is underway, and new construction is scheduled to begin in spring 2024. SBLM Architects is the lead architect on the project. SOURCE: www.REBusinessOnline.com

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North Plainfield, N.J. — Levin Management Corporation (LMC) has added Greg Tocco as executive vice president. He brings more than 20 years of broad industry and leadership experience to this key senior management role at the North Plainfield, N.J.-based commercial real estate services firm. Prior to joining LMC, Tocco was executive vice president of asset services at Metro Commercial. He previously held positions at Seritage Growth Properties and Rait Financial Trust. Tocco is overseeing LMC’s property operations, accounting and lease administration, and will be integral in implementing corporate growth initiatives …

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Annapolis, Md. — Thomas Park Management, a fast-growing property management and building maintenance services firm, has been awarded a contract to provide building maintenance services at the Annapolis Town Center in Annapolis, Md. “We are thrilled to be awarded this contract to provide building maintenance services at the Annapolis Town Center,” says Mason Popham, executive vice president at Thomas Park Management. “The Annapolis Town Center is a premier shopping and dining destination, and we are committed to providing the highest level of service to build on the Class A environment …

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Long Beach, Calif. — Vestar, one of the leading privately held shopping center owners and managers in the western United States, has appointed Eddie Ollmann as vice president of property management for its West Coast region which is comprised of over 30 properties totaling nearly 11 million square feet of space. He will be based in Vestar’s regional office located in Long Beach, Calif. Ollmann brings a wealth of experience and expertise to Vestar, having spent 16 years in leadership roles with high profile and long-standing companies such as Irvine …

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Santa Monica, Calif. — Macerich, one of the nation’s leading owners, operators and developers of high-quality retail and mixed-use properties in top markets, opened Arizona’s first SCHEELS at Chandler Fashion Center in suburban Phoenix on Sept. 30, 2023. In addition to 75 specialty shops set inside the popular sporting goods retailer, Chandler SCHEELS features a wide variety of fun, family-friendly entertainment including a Ferris wheel, 16,000-gallon saltwater aquarium, a wildlife mountain, Fuzziwig’s Candy Shop, Ginna’s Café, as well as arcade games and sports simulators. “SCHEELS is a fantastic fit for …

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Phoenix — Vestar, one of the leading privately held shopping center owners and managers in the western United States, has joined forces with Arizona State University’s (ASU) Southwest Integrated Field Laboratory (SW-IFL) to launch the first-ever ‘Cool Pavement Project’ at a commercial retail center. The partnership comes on the heels of this summer’s record-breaking heat and aims to help mitigate elevated temperatures in communities dense with impervious and solar-absorbing materials — known as the ‘Urban Heat Island Effect.’ As stewards of the communities it serves in, Vestar is invested in …

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Clovis, Calif. — The Sierra Vista Mall has added a new solar program from King Energy that is expected to generate 2,830 megawatts of sustainable energy annually for the 762,000-square-foot shopping mall in Clovis, Calif. “This groundbreaking solar initiative represents a significant step forward in our commitment to environmental stewardship at the Sierra Vista Mall,” says Elliot Nassim, president of Mason Asset Management. “In addition to its remarkable environmental impact, this solar program will generate numerous benefits for Sierra Vista Mall and the local community. By decreasing reliance on non-renewable …

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Richmond, Va. — S.L. Nusbaum Realty Co. has been retained to provide leasing and management services for Village Marketplace in Midlothian, Va. Mary Yelinek will lead the management efforts on behalf of the new landlord, SUNCAP Real Estate Investments, who purchased the property in July. The 131,814-square-foot, Food Lion-anchored center features a dedicated turn lane, multiple points of ingress/egress and an average household income of $151,074 within a 3-mile radius. “We are thrilled to include Village Marketplace in our property portfolio and eagerly anticipate collaborating with the landlord and our …

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