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.
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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.
Charlotte, N.C. — Northwood Retail, LLC has expanded its North Carolina presence with the addition of a leasing and management office in Charlotte. The regional office will oversee operations at Blakeney, Blakeney Crossing and Latta Arcade in Charlotte, N.C., as well as support the leasing activity for Waverly Place in Cary, N.C. and Freshfields Village in Kiawah Island, S.C.
Jacksonville, Fla. — Regency Centers, a national owner, operator and developer of grocery-anchored shopping centers, in partnership with SoCore Energy and several of its retail partners, has installed over 750 KW of rooftop solar photovoltaic systems at Persimmon Place in Dublin, Calif., and East Washington Place in Petaluma, Calif.
New York City — The board of directors of Brixmor Property Group Inc. has named industry veteran James (Jim) M. Taylor as CEO and president. Taylor joins Brixmor with more than 20 years of experience in the commercial real estate industry. His appointment will become effective May 20, 2016 and he will join the company’s board on June 16, 2016.
Chicago — In South Chicago, Ford City Mall has signed lease extensions with anchor stores Carson’s and JCPenney, and both retailers are planning interior renovations. JCPenney will also add a new Sephora store inside, which is expected to open in late spring 2016.