property management

Las Vegas — Vestar, a Phoenix-based privately held shopping center owner and manager, will provide comprehensive management services for Vista Commons, a 100,000-square-foot grocery-anchored shopping center located in the West Summerlin area of Las Vegas. Vestar, which will offer property management as well as construction management, will manage Vista Commons on behalf of an institutional client, for whom it manages nearly 3.5 million square feet. Vista Commons is 100% occupied with a diverse mix of tenants including Albertsons, Wells Fargo, State Farm, Subway, Bank of America and Dunkin Donuts. The …

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Michael Garcia Colt Winterization quote

Winter storms and plunging temperatures present special challenges to restaurants and retailers. To keep customers and employees comfortable until spring, operators should act now to winterize their properties and perform preventive maintenance before a crisis occurs. “When you know that winter is coming, it’s always better to be proactive than reactive,” says Michael Garcia, regional service manager in the Dallas office of Colt Facility Maintenance, a maintenance service provider. Winterization should begin before the cold sets in and while there is still time to address vulnerabilities discovered in buildings or …

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Dallas — Centennial, a retail real estate owner and operator with a national portfolio of shopping, dining, entertainment and mixed-use destinations as well as a full-service property management platform serving third-party owners (www.centennialrec.com), has appointed Paul Kurzawa to serve as president. Kurzawa is an experienced real estate and entertainment executive with more than 25 years of international multi-asset and multi-discipline expertise in the commercial real estate and entertainment industries. He has worked for some of the most distinguished global real estate and entertainment companies in the world, including The Blackstone …

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Bethesda, Md. — Westfield Montgomery is welcoming six new highly sought after fashion brands. Tory Burch, Abercrombie & Fitch and Carter’s will open this November followed by UNIQLO opening in mid-2025. These additions are the latest in a series of new tenants for Westfield Montgomery in 2024. Most recently, J. Crew moved into a sleek new space. JD Sports, a leading retailer of fashionable sportswear and sneakers, opened in late September. Swiss chocolatier Läderach opened in summer 2024. “We’re excited to expand our upscale retail offerings at Westfield Montgomery for …

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Bill Schaphorst Holiday Shopping Maintenance

The holiday season can present an existential challenge for retailers, testing the skills and endurance of marketing and sales teams in a six-week race to reach revenue targets by the end of the year. It is not a time to inconvenience customers and staff with building maintenance or repairs. “There’s a reason they call it Black Friday,” says Bill Schaphorst, vice president of business development at MaintenX, a commercial facility maintenance and repair company. “Because of the surge in traffic and sales on the fourth Friday in November, that typically …

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— By Katie Lee — PREIT is redefining the role of malls by transforming them into vibrant community hubs. As a premier developer and operator of retail and entertainment destinations all over the country, in some of the most sought-after, high barrier-to-entry MSAs, PREIT has long understood the importance of creating a “sense of place.” But with more than 6 decades of experience and a foresight to see beyond the traditional malls or power centers of its early years, today PREIT and its 17 premier properties offer so much more …

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Salem, N.H. — The first Anthropologie store in New Hampshire has opened at The Mall at Rockingham Park, New England’s premier destination for tax-free and fashion-forward shopping. The first Anthropologie in the Granite State opened on Oct. 23. “Anthropologie is a first-of-its-kind destination in New Hampshire,” says Elizabeth Tetreault, area director of marketing. “We are exceptionally honored that Anthropologie chose The Mall at Rockingham Park and Salem for its first store in New Hampshire.” Anthropologie is a respected lifestyle brand founded in 1992; the brand ships to more than 100 …

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— By Del Williams — Advanced Emergency Responder Communication Enhancement Systems (ERCES) eliminate potential dead zones in commercial buildings to help first responders stay connected. First responders such as fire, EMS and police depend on reliable two-way radio communication when lives and property are at risk. That’s not always an easy task in many buildings. In-building radio signals are often absorbed or blocked by structures that are larger, underground or constructed of concrete or metal. Additionally, building features designed to create more sustainable facilities such as low-E glass windows can …

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Mike Garcia Colt Car Strike quote from article

By the time you finish reading this article, somewhere in the United States, a car will have run over the curb of a busy road, crossed the sidewalk and crashed into a retail space. “There’s not a doubt in my mind that somebody is driving into a storefront right now,” says Jessica Suazo, regional service manager for Colt Facility Maintenance, based in Dallas. Suazo’s company specializes in systems of bollards that protect buildings from these collisions. Also, for buildings not properly protected from collisions, companies like Colt provide emergency services. …

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Phoenix — RED Development has begun construction on PV, the $2 billion redevelopment of a 100-acre site in Phoenix formerly occupied by Paradise Valley Mall. Phase I of the project will include retail, dining and entertainment space anchored by Whole Foods Market; AVE Paradise Valley, a 400-unit multifamily community; and a 77,000-square-foot co-headquarters for Fender Musical Instruments Corp. Each component of the development will be linked via centrally located parks. A groundbreaking was recently held for the office portion of the development — a three-story building designed by SmithGroup to …

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