Roseville, Minn. — Fifty years after it first opened, Rosedale Center plans to significantly expand the center by redeveloping a part of the property to create new housing, a hotel, a grocery store and other new retail space. JLL, Rosedale’s management team, will soon submit formal plans to the City of Roseville, Minn., to begin the process of review and permits for the proposed expansion. The company hopes to begin initial construction work next year on what will be a phased project. “Rosedale Center is a very successful shopping and …
property management
Kissimmee, Fla. — Southeast Centers has secured a new lease for Chipotle Mexican Grill’s first Florida location offering drive-thru service at Rolling Oaks Commons, an approximately 155,547-square-foot power center in Kissimmee, near Orlando in Central Florida. The new drive-thru concept, dubbed ‘Chipotlanes,’ was announced by the Newport Beach, California-based eatery in 2017 and initially rolled out to 10 locations. The new restaurant at Rolling Oaks Commons is expected to open in November and is part of Chipotle’s plan to establish “a few dozen more Chipotlanes in 2019,” an initiative intended …
Chester, N.J. — Levin Management Corporation (LMC) of North Plainfield, N.J., has added another quality Garden State assignment to its retail portfolio. The commercial real estate services firm has been named exclusive managing agent for Chester Springs, an approximately 226,000-square-foot, grocery-anchored shopping center in Chester. Anchored by a 62,000-square-foot ShopRite supermarket, the center’s co-tenancy includes CVS Pharmacy, Marshalls, Panera Bread and independently owned/operated gym NitroFlex. Chester Springs soon will welcome off-price home decor and furniture brand HomeGoods to its lineup, which also features a complementary mix of retailers, restaurants and …
Los Angeles — Unibail-Rodamco-Westfield (URW), a premier global developer and operator of flagship shopping destinations, has revealed details of its global Corporate Social Responsibility (CSR) program — the most ambitious of its kind for a listed retail real estate company. Called “Better Places 2030”, the CSR program will now formally extend to the United States and the United Kingdom, which were a part of the acquisition of Westfield by Unibail-Rodamco last year. Broadly, the program commits URW to reduce its total carbon footprint 50% by the year 2030 across every …
North Plainfield, N.J. — Levin Management Corporation (LMC), a North Plainfield, N.J.-based commercial real estate services firm, has added Erika Toscani as vice president of property management. She brings more than 20 years of property management and industry leadership experience in the New York, New Jersey and Pennsylvania markets to her new position. Prior to joining LMC, Toscani held key management positions at Transwestern and Newmark Knight Frank. In her current role, she will ensure the delivery of Levin’s best-in-class service standards at each of its managed commercial properties, while …
Pacific Construction Services Transforms Parking Garage Space into Bar Louie Restaurant
by Katie Lee
Chicago — PCS, a Chicago-based fully-integrated construction management firm, has provided construction management and advisory services to Poag Shopping Centers, LLC that resulted in the transformation of a portion of a parking garage into a high-profile restaurant for its LaCenterra retail center in suburban Houston. Throughout the entire development process from lease negotiations to the opening of the restaurant, PCS advised the lifestyle center’s owners and the tenant on the various challenges for transforming a portion of the parking facility into a Bar Louie restaurant. With PCS’ support, the local …
— By Carol L. Carey — It’s also what’s OUTSIDE that counts with customers. Your company has prepared by making sure the market research has been done, you have all the latest gadgets, toys, clothing and items everyone would want to buy. Each location is stocked, product and staffing budgets are approved, but are you really prepared? Do you see what I see? Many companies plan and budget for interior cleaning and maintenance. They outline preventative maintenance programs for janitorial services, HVAC, flooring, painting and even lighting. Their focus is …
Beverly Hills, Calif. — Kennedy Wilson Brokerage, a division of Kennedy Wilson, a global real estate investment and services firm, has hired Scott Gordon as a senior vice president of property services in its Los Angeles office. Gordon will provide full-service consultation and brokerage services to investors, landlords, tenants, and emerging retail and food-and-beverage concepts. Gordon brings more than 30 years of national retail experience in development, leasing and management of specialized retail, entertainment and food and beverage projects of scale. Throughout his career, Gordon has overseen the creation of …
Monmouth Junction and Paramus, N.J. — Two new property management assignments in Monmouth and Bergen counties reflect targeted retail-sector expansion for Cushman & Wakefield’s New Jersey Asset Services practice. The shopping centers, Heritage Square in Monmouth Junction and Paramus Junction in Paramus, add approximately 166,000 square feet to the team’s portfolio. Wasa Properties named Cushman & Wakefield to manage the 80,504-square-foot, three-building Heritage Square in Monmouth Junction. Michael Nevins and Betty Walker secured the assignment for Heritage Square, which is home to PetSmart, Bob’s Discount Furniture, Dunkin’ Donuts, Subway, Rita’s …
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