Melville, N.Y. — Former Sears Holdings and Ashley Furniture real estate and M&A executive Jim Terrell has joined A&G Realty Partners as a senior managing director.
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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 hired Christopher Bowen as chief development strategist to manage the redevelopment project of University Mall in Tampa, Fla. Bowen brings over 25 years of national commercial development experience.
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.
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.
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.
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.