property management

— By Keith Etchells — Revitalizing Diamond Bar Shopping Center through strategic remediation. In retail real estate, environmental contamination can be a deal breaker. For property owners and investors, subsurface pollution such as solvents, hydrocarbons, heavy metals and other industrial byproducts can restrict the asset’s current and future uses and commonly comes with significant regulatory management costs. With the right combination of strategy, funding and technical expertise, resolving environmental challenges can be accomplished in ways that support long term property goals. The owner of the Diamond Bar shopping center in …

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Alpharetta, Ga. — British clothing brand Boden opened its first-ever store in the United States on Nov. 21 at mixed-use destination Avalon in Alpharetta, Ga. The 2,000-square-foot retail space marks a key milestone in the brand’s U.S. growth strategy. The new store blends color and wit with the quality craftsmanship that Boden’s customer knows and loves. A bespoke chandelier, commissioned in partnership with British design house Richard Taylor Designs and handcrafted in Italy, lights the space with a gallery-style exhibition featuring iconic British figures personally chosen by its founder and …

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Bill Schaphorst proactive maintenance quote from article

For restaurants, few things are more disruptive or expensive than an equipment failure during working hours. Whether it’s a failed refrigerator, a backed-up drain or an HVAC unit that quits in the height of summer, a single breakdown can halt operations, spoil inventory, drive away customers and result in lost revenue and trust. Yet most of these expensive emergencies can be prevented through proactive maintenance. “Regular inspections and cleaning schedules are the simplest way for restaurants to safeguard uptime and extend the lives of their critical systems,” says Bill Schaphorst, …

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Nijmegen, the Netherlands — Planon, a leading global provider of smart sustainable building management software, has appointed Sylvain Lamy as chief revenue officer (CRO) for facilities and field services, joining the company’s executive management team. In this position, Lamy will lead Planon’s global commercial organization for the facilities and field services business lines, driving sales, services and partner growth worldwide. “Sylvain brings a strong track record in scaling enterprise software businesses and leading high-performing international teams,” says Peter Ankerstjerne, CEO of Planon. “His commercial acumen and customer-centric mindset will be …

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New York City — In a transaction arranged by CBRE, Bambi Baby, a national retailer selling baby furniture, nursery sets, strollers, car seats, cribs, bedding and other related products, has inked a retail lease for its first New York City store at 655 Sixth Ave. The retailer will occupy 900 square feet of prime, ground-floor space and 8,500 square feet in the lower level of the property located in the Chelsea neighborhood of Manhattan. CBRE represented Bambi Baby in the negotiations. The property owner, United American Land, was represented in-house …

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Fort Lauderdale, Fla. — Galleria Fort Lauderdale, one of South Florida’s premier shopping destinations, has named retail veteran Jim Heilmann as senior general manager. In this role, Heilmann will guide the center’s operations, marketing efforts, community engagement and tenant relations, with a focus on elevating the guest experience and driving long term value for the property. Heilmann’s expertise spans leadership positions at some of the nation’s top retail and entertainment destinations. He most recently served as vice president of operations for experiential entertainment district AREA15 in Las Vegas, where he …

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Warner Marketplace

Los Angeles — Vestar, a Phoenix-based privately held shopping center owner and manager, will provide comprehensive management services for Warner Marketplace, a 160,000-square-foot shopping center located in the Canoga Park neighborhood of Los Angeles. Vestar will offer its full scope of management services including property management, leasing oversight and marketing and construction management, which will be tailored to optimize operations and drive long-term performance. “We are excited to add Warner Marketplace to our growing California portfolio,” says Patrick McGinley, president of management services at Vestar. “This asset is located in a vibrant …

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Miami — JLL has been selected to lead on-site property management services for 10 open-air retail centers across Florida and South Carolina, marking a significant milestone in the firm’s nationwide growth strategy. The newly added centers, recently acquired by 11North Partners (11North) and Bain Capital Real Estate, collectively span more than 1 million square feet of gross leasable area with occupancy rates exceeding 93%. The addition of these high-performing properties is part of a broader expansion of JLL’s retail property management portfolio, which has grown by 18 new centers in …

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— By Candise Shanbron, Esq.—  How retailers and restaurateurs can prepare for increasing natural disasters and insurance challenges. In recent years, weather patterns across the United States have become increasingly erratic and severe. Over just the past year, nearly every region of the country has experienced some form of extreme weather event — be it hurricanes, tornadoes, hailstorms, floods, wildfires or other wind-related catastrophes. No geographical area seems immune, and all signs point toward a continued increase in the frequency and severity of these natural disasters. For those in the …

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Honolulu — Ferragamo has reopened a newly designed boutique at Waikīkī’s premier luxury destination, Royal Hawaiian Center. Located along the iconic Kalākaua Avenue, Ferragamo has officially opened its doors to the two-floor space. The space pays tribute to Ferragamo’s design codes rooted in Italian-crafted excellence as well as the innovative, modern vision that its creative director, Maximilian Davis, has for Ferragamo. Unique, luxurious materials and textures are strategically integrated throughout the boutique, evoking contemporary classicism — such as internal panels in calacatta and lined stucco, while stairs are crafted from …

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