management

Los Angeles — Unibail-Rodamco-Westfield (URW) has appointed Dany Nasr as CEO URW Airports, leading the continued growth of its portfolio of airport and transit retail programs. “Dany’s extensive airport experience in North America and across the globe will strongly benefit our clients, partners and the communities we serve,” says Dominic Lowe, chief operating officer of URW U.S. “He’s a proven leader who will successfully deliver our pipeline of dynamic projects and create new business partnerships in the U.S. and Europe for our airports and transit hub platform.” Nasr joins URW …

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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 been awarded Nareit’s ‘Leader in the Light Award’ for the retail REIT sector, marking the third time the company has received this prestigious recognition for its sustainability initiatives. The Leader in the Light awards are given to REITs that have demonstrated outstanding environmental, social and governance (ESG) practices throughout the year, with winners selected by an interdisciplinary panel of judges. “It is an honor …

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Jericho, N.Y. — Kimco Realty has appointed Josh Gelfman as vice president of development as the company continues to expand its presence in Florida. Gelfman will oversee value-creating redevelopment, expansion and mixed-use projects for Kimco’s Southern region, including South Miami shopping center, Oakwood Plaza North & South, Colonial Plaza and Cypress Creek Station, all located in Florida. “Josh’s knowledge of the Florida market, strong relationships with key stakeholders and proven track record of getting redevelopment projects over the finish line will be vital as Kimco expands its portfolio and mixed-use …

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New York City — RD Management LLC, one of the nation’s largest privately held real estate development and management organizations, has commenced construction on The Home Depot at Macungie Crossing, a new community shopping center anticipated to encompass 182,000 square feet of retail and restaurant space in Trexlertown, Pa. The new 136,000-square-foot location featuring a garden center is slated to open in summer 2023. “The Home Depot opening at Macungie Crossing is a great win for local community members needing a close, convenient option for their home improvement and construction …

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Annapolis, Md. — Fort Worth, Texas-based Trademark Property Company, a mixed-use investor, developer and operator, has completed the initial renovation of Annapolis Town Center, a combined 2 million-square-foot mixed-use property located near the intersection of John Hanson Highway and West Street. These enhancements — such as additional green and community spaces — have driven leasing momentum, leading to 122,000 square feet of new leases with a mixture of retail, food and beverage, and fitness tenants. “One of our guiding principles is to have vision and see beyond, and that is …

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Vernon Hills, Ill. — Dallas-based real estate firm Centennial plans to expand on its Hawthorn 2.0 redevelopment of Hawthorn Mall, a super-regional shopping center in Vernon Hills, a northern suburb of Chicago. Built in 1973, the mall currently houses over 120 retailers. Centennial first announced the redevelopment of Hawthorn Mall in 2019, which included new retail and dining options, luxury multifamily housing and indoor/outdoor gathering spaces. The expanded plans nearly triple the new development at the property and include 162 units of seniors housing, a 25,000-square-foot grocery store and 109,000 …

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Los Angeles — chargeFUZE will scale its innovative and autonomous out-of-home mobile phone charging stations into Westfield shopping centers in the U.S. The initiative is part of an effort to ensure that Westfield guests have the best experience possible and can take advantage of all digital and tech-forward initiatives onsite. chargeFUZE’s portable charging network is being rolled out across Westfield’s US shopping centers, allowing guests to charge their devices while ‘on the go.’ chargeFUZE’s technology will enable Westfield visitors to remain untethered and to charge any device from the comfort …

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Indianapolis — Simon has the following new developments in major growing U.S. markets — Carson, Calif.; Nashville, Tenn.; and Tulsa, Okla. — as well as the expansion of Woodbury Common Premium Outlets in New York. “We are thrilled to bring these new and compelling projects to serve their markets, and they will provide the quality, variety and value combination that retailers and consumers have come to know and expect from Simon,” says David Simon, chairman, CEO and president of Simon. North of New York City, Simon is detailing plans for the …

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— Interview with Matthew K. Harding —   Retail Outlook: In changeable times, tenants focus on customer service and convenience.   North Plainfield, N.J. — Within a changeable environment impacted by ongoing COVID-19 concerns, labor shortages, supply chain disruptions and rising inflation, brick-and-mortar retail tenants are cutting through the noise to focus on what they can control: providing top-notch service and convenience for customers. And coming off a strong year, they are optimistic about what 2022 will bring, according to Levin Management Corporation (LMC), which recently released the findings of …

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Indianapolis — Simon has announced “Grab Go Eat,” a new collaboration with ghost kitchen industry leader, Kitchen United. Through the “Grab Go Eat” platform, customers can order from multiple restaurants in a single transaction for on-mall pickup or home delivery, allowing guests to choose whether food is delivered to their table or any store within the shopping center as well as skip the lines and pick up food directly from the restaurant or on-premise food lockers. “The Grab Go Eat platform with Simon brings a new and cutting-edge dining experience …

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