property management

Long Beach, Calif. — Vestar, one of the leading privately held shopping center owners and managers in the western United States, has appointed Eddie Ollmann as vice president of property management for its West Coast region which is comprised of over 30 properties totaling nearly 11 million square feet of space. He will be based in Vestar’s regional office located in Long Beach, Calif. Ollmann brings a wealth of experience and expertise to Vestar, having spent 16 years in leadership roles with high profile and long-standing companies such as Irvine …

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Greensboro, N.C. — Tanger® Outlets, a leading operator of upscale, open-air shopping centers, will open its 37th shopping center, Tanger Outlets Nashville, on October 27. The 290,000-square-foot open-air shopping center, located in southeast Nashville, Tenn., is the first outlet center and one of the few major shopping centers in the United States to break ground and deliver to the market since 2019. The center features a transformational design intended to foster onsite experience and consumer engagement, as well as to facilitate product interaction and pickup. This consumer-informed design and an …

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— By Rich McElwain — Enhancing retail security through license plate recognition (LPR). In an era of rapidly evolving technology, security is a top concern for retailers to proactively protect physical assets, employees and customers from potential threats. According to the National Retail Federation’s (NRF) 2022 Retail Security Survey, retailers attributed their greatest portion of shrink — a whopping 37% — to external theft. In addition, retailers saw a 26.5% increase in Organized Retail Crime (ORC) incidents over the past year, representing $94.5 billion in losses. The landscape of retail …

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Santa Monica, Calif. — Macerich, one of the nation’s leading owners, operators and developers of high-quality retail and mixed-use properties in top markets, opened Arizona’s first SCHEELS at Chandler Fashion Center in suburban Phoenix on Sept. 30, 2023. In addition to 75 specialty shops set inside the popular sporting goods retailer, Chandler SCHEELS features a wide variety of fun, family-friendly entertainment including a Ferris wheel, 16,000-gallon saltwater aquarium, a wildlife mountain, Fuzziwig’s Candy Shop, Ginna’s Café, as well as arcade games and sports simulators. “SCHEELS is a fantastic fit for …

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Houston — Airport hospitality group OTG is unveiling Starbucks’ first airport Pick Up concept, with three initial locations opening at George Bush Intercontinental Airport in IAH Terminal E this fall. Starbucks Pick Up will be exclusively designed for mobile orders — quick pickup without the wait — offering convenience, comfort and guaranteed immediacy to meet the needs of digitally savvy, ‘on-the-go’ travelers. Tailored for the airport environment, all stores will reflect Starbucks’ signature design DNA, featuring warm wood tones, fresh green accents and botanical art pieces inspired by the coffee’s …

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Phoenix — Vestar, one of the leading privately held shopping center owners and managers in the western United States, has joined forces with Arizona State University’s (ASU) Southwest Integrated Field Laboratory (SW-IFL) to launch the first-ever ‘Cool Pavement Project’ at a commercial retail center. The partnership comes on the heels of this summer’s record-breaking heat and aims to help mitigate elevated temperatures in communities dense with impervious and solar-absorbing materials — known as the ‘Urban Heat Island Effect.’ As stewards of the communities it serves in, Vestar is invested in …

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Miami Beach, Fla. — Blink Charging Co., a global leading manufacturer, owner, operator and provider of electric vehicle (EV) charging equipment and services, has approved changes made to Blink’s executive leadership team with the appointment of Michael Battaglia, (formerly chief revenue officer) as chief operations officer; Jim Nemec, (formerly VP sales and business development) as chief revenue officer; and Siddhartha Kodgi, (formerly senior director operations) as vice president of operations. The company also announced the departure of Mark Pastrone from his role as chief operations officer. “These are exciting times …

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San Francisco — a.k.a. Brands Holding Corp., a brand accelerator of next-generation fashion brands, has opened the first U.S. Princess Polly store at Westfield Century City in Los Angeles — a major milestone in the brand’s global retail expansion. The Australian-born brand is beloved by Gen Z. The newly unveiled 3,370-square-foot retail space will feature approximately 200 on-trend Princess Polly styles at any given time and will foster an immersive and interactive experience that goes well beyond shopping. Complete with aesthetically pleasing digital displays, a glamorous media wall and personalized …

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Clovis, Calif. — The Sierra Vista Mall has added a new solar program from King Energy that is expected to generate 2,830 megawatts of sustainable energy annually for the 762,000-square-foot shopping mall in Clovis, Calif. “This groundbreaking solar initiative represents a significant step forward in our commitment to environmental stewardship at the Sierra Vista Mall,” says Elliot Nassim, president of Mason Asset Management. “In addition to its remarkable environmental impact, this solar program will generate numerous benefits for Sierra Vista Mall and the local community. By decreasing reliance on non-renewable …

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Richmond, Va. — S.L. Nusbaum Realty Co. has been retained to provide leasing and management services for Village Marketplace in Midlothian, Va. Mary Yelinek will lead the management efforts on behalf of the new landlord, SUNCAP Real Estate Investments, who purchased the property in July. The 131,814-square-foot, Food Lion-anchored center features a dedicated turn lane, multiple points of ingress/egress and an average household income of $151,074 within a 3-mile radius. “We are thrilled to include Village Marketplace in our property portfolio and eagerly anticipate collaborating with the landlord and our …

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