Vestar Names Industry Veteran to Regional Director Position

Phoenix — Vestar, one of the leading privately held shopping center owners and managers in the western U.S., has tapped industry veteran Charles Martinez to be its new regional director overseeing its Northern California properties. Over the past 15 years,

MCS Acquires Chain Store Maintenance

Lewisville, Texas — MCS, a national property services company founded in 1986, has acquired industry-leading commercial facilities services firm Chain Store Maintenance (CSM). MCS’s interior commercial facility services platform will be marketed as Chain Store Maintenance – an MCS Company,

Klein Enterprises Redevelops Valley Plaza Shopping Center in Maryland

Baltimore, Md. — Klein Enterprises, a vertically integrated investor, developer and operator of diversified real estate holdings, has completed the redevelopment of the Valley Plaza shopping center in Hagerstown, Md. Enhancements to the center include an all new-façade, new pylon

Trademark Names New General Manager for Annapolis Town Center

Annapolis, Md. — Annapolis Town Center, a premier shopping lifestyle destination, has added Christi Swanson as its new general manager. Swanson will manage all aspects of Annapolis Town Center, including marketing, operations, business development, events and property upgrades. Swanson is

Kimco Realty Bolsters Southern Region Team with New VP of Development

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

RD Management Breaks Ground on The Home Depot in Pennsylvania

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

Trademark Completes Initial Renovation of Annapolis Town Center

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

Valuable Coverage

— By Doug Groves — Is your commercial property insured correctly?   The world of property ownership has changed dramatically in recent years. With interest rates increasing, the overall cost of building materials going up, and the market value of

Levin Management Corporation Marks 70 Years of NJ Retail Real Estate

North Plainfield, N.J. – The Levin name has been synonymous with New Jersey retail real estate since the post-WWII suburban migration sparked the Garden State’s first open-air shopping center developments. Seven decades later, as Levin Management Corporation (LMC) commemorates the

Simon Premium Outlets Outlines Multiple New Developments

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

In Case of Emergency

— By Amanda Anderson — Do you have a team in place to react and respond?   It is nine in the evening and the doors to your business are locked, drawers counted, shelves faced for a successful tomorrow. The

Konover South Hires New VP, Property Management

Deerfield Beach, Fla. — Laura Goetz has joined Konover South, LLC as vice president of property management. Goetz is an experienced industry veteran who was formerly with Grover Corlew and other notable companies such as Stiles Property Management and Terranova.

Seritage Growth Properties Appoints Interim CFO

New York City — Seritage Growth Properties, a national owner and developer of 170 retail, residential and mixed-use properties, has named John Garilli, an existing consultant to the company and former CEO of New York REIT, as interim chief financial

Demonstration: Smarter Cleaning for Retail, Grocery & Restaurant Facilities

  The Dec. 1 “Smarter Cleaning for Retail, Grocery & Restaurant Facilities” demonstration, hosted by Retail & Restaurant Facility Business, focused on important topics for any facility interested in cleanliness. Kaivac’s vice president of business development, Mike Perazzo, also makes

Trademark Completes Initial Renovation of Zona Rosa Mixed-Use Center in Kansas City

Kansas City, Mo. — Trademark Property Company, mixed-use investor, developer and operator, completed the initial renovations of Zona Rosa, a 1.1 million-square-foot mixed-use town center located in Kansas City’s Northland. “By carefully considering each amenity addition and renovation, we’ve reinvigorated the overall

Post-COVID Capital

— By Carty Davis — The evolving restaurant facility, changing priorities in CAPEX and capital through and post-COVID.   As regulations and mandates end, owners and operators continue to adapt to a post-COVID society. Declining COVID cases and vaccine availability

Levin Management Promotes Senior Property Manager to Portfolio Manager

North Plainfield, N.J. — Denise Ciaravino has been promoted to portfolio manager at Levin Management Corporation (LMC), according to Erika Toscani, vice president of property management. Ciaravino joined the North Plainfield, N.J.-based commercial real estate services firm in 2006 as

Powerhouse Acquires Exterior Services Management Company DENTCO

Crowley, Texas — Powerhouse, a national construction, facilities maintenance and rollout service provider, has acquired DENTCO®, a national exterior services provider headquartered in DeWitt, Mich. The 44-year-old company offers a complete suite of all-season property management solutions addressing exterior services

Kimco Realty and Weingarten Realty Plan to Merge

Jericho, N.Y., and Houston — Kimco Realty Corp., one of North America’s largest publicly traded owners and operators of open-air, grocery-anchored shopping centers and mixed-use assets, and Weingarten Realty Investors, a grocery-anchored Sun Belt shopping center owner, manager and developer,

Retail in the COVID Era

— By Gary Glick — Top 3 lease provisions negotiated by landlords and tenants.   Almost a year into this pandemic, retailers are still facing uncertainty in light of the recent spike of COVID-19 cases accompanied by a new wave

New Restaurant Concept, Loaded Elevated Nachos, Now Open

St. Charles, Mo. — Streets of St. Charles, already home to Narwhal’s Crafted, has welcomed Loaded Elevated Nachos, a fun new food concept from Narwhal’s owners Brad Merten and Brandon Holzhueter. Loaded is the newest addition to 1450 Beale St.,