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BH Properties Appoints Retail Expert to Managing Director, Retail Properties

by Katie Lee

Los Angeles — BH Properties, a vertically integrated, value-add real estate investment company, has named retail expert Greg Sullivan managing director of the company’s retail properties division. Sullivan comes to BH Properties from Brookfield Properties, where he was vice president of big box leasing/development with a primary focus on large format entertainment, big box, junior anchor, restaurant transactions and vacant anchor store re-development. For the past 6 months, Sullivan has been operating as a retail consultant to BH Properties, advising the firm on several mixed-use retail acquisitions, most notably the …

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Pierson Commercial Promotes Premier Retail Broker to Director

by Katie Lee

Marlboro, N.J. — Pierson Commercial Real Estate, a leading commercial real estate brokerage and advisory firm specializing in retail property assignments, has promoted Robert Mackowski to the position of director, according to President Jason Pierson. The Hudson County, N.J., resident, who joined the firm in 2021, will continue to manage his diverse portfolio of retail properties while focusing on growing Pierson Commercial’s client base. Mackowski marks Pierson Commercial’s latest promotion of in-house talent as the firm continues to grow its retail-focused assignments throughout New Jersey, including the Hudson River Waterfront. …

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Destination XL Group, Inc. to Open 9 New Stores in 2024

by Katie Lee

Canton, Mass. — Destination XL Group, Inc., the leading retailer specializing in men’s Big + Tall apparel, has partnered with Beta Agency, a renowned commercial real estate brokerage known for its expert advisory services, to grow the company’s footprint in prime locations that resonate with the brand’s Big & Tall audience. With this partnership, DXL plans to open nine new stores in 2024. “Our partnership with Beta Agency is a game-changer for DXL, enabling us to accelerate our retail footprint buildout with a data-driven approach to retail location strategy,” says …

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CBL Properties and MINISO Partner to Expand U.S. Presence to 13 CBL Malls

by Katie Lee

Chattanooga, Tenn. — CBL Properties has executed multiple deals with global lifestyle retailer MINISO, expanding the brand’s presence to a dozen new markets in the United States. The first wave of store openings started in November 2023 at Valley View Mall in Roanoke, Va., and Hanes Mall in Winston-Salem, N.C., followed by the January 2024 opening at Coastal Grand Mall in Myrtle Beach, S.C. Throughout the rest of 2024, stores will open in the following malls and locations: • CoolSprings Galleria (Nashville, Tenn.) • Hamilton Place (Chattanooga, Tenn.) • West …

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Industry Voicesmanagementrestaurantsvendors

Cost of Doing Business

by Katie Lee

— 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
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How to Prepare for the Inevitable Refresh or Remodel

by Sarah Daniels

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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Regency Centers Begins Redevelopment of 280,000 SF Mall on Long Island

by Katie Lee

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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Levin Management Hires Executive Vice President

by Katie Lee

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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Thomas Park Management Awarded Property Maintenance Contract at Annapolis Town Center

by Katie Lee

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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construction and designmanagementNewspeopleproperty management

Vestar Names New Vice President of Property Management

by Katie Lee

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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