management

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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San Francisco — Vestar, one of the leading privately held shopping center owners and managers in the western United States, has been retained by MetLife Investment Management to provide management services for Homestead Square, a 203,000-square-foot power center located in Cupertino, Calif. Geared toward management of quality institutional assets, Vestar currently operates nearly 70 properties, encompassing 30 million square feet of retail space across seven western states. In the Bay Area/Northern California, the company oversees 12 centers encompassing 3.8 million square feet, including Hacienda Crossing in Dublin, Alameda Landing in …

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Brentwood, Tenn. — CenterSquare Investment Management has recently completed renovations at Brentwood Corners (formerly Lakeside Center), a 22,268-square-foot Essential Service Retail (ESR) property located in Brentwood, Tenn., a Nashville suburb. The property has undergone several enhancements, including a newly milled and repaved parking lot, freshly painted facades and awnings, a complete roof replacement, revitalized landscaping, and the installation of LED lighting in both the shopping center and the surrounding parking area. In addition to the range of physical improvements implemented, the property has also undergone a change in ownership and …

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Jericho, N.Y. — Kimco Realty®, North America’s largest publicly traded owner and operator of open-air, grocery-anchored shopping centers and a growing portfolio of mixed-use assets, has published its 2022 Corporate Responsibility Report. The report highlights the company’s progress in addressing environmental, social and governance (ESG) topics, which have been a focus for Kimco and its stakeholders for over a decade. “We remain dedicated to our focus on ESG, acknowledging its inherent connection to the maximization of long term stakeholder value,” says Conor Flynn, CEO of Kimco. “Our 2022 achievements reflect …

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Phoenix — Vestar, one of the leading privately held shopping center owners and managers in the western U.S., has tapped industry veteran Charles Martinez to be its new regional director overseeing its Northern California properties. Over the past 15 years, Martinez has worked for a variety of retail development and redevelopment projects in Los Angeles, San Francisco and East Bay, Calif., as well as in Abu Dhabi in the United Arab Emirates. In his new role, Martinez will be responsible for managing a portfolio of 11 shopping centers from Petaluma …

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