property management

OTG Debuts Starbucks’ First Airport Pick Up Concept

by Katie Lee September 26, 2023

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 …

September 26, 2023

exterior services/landscaping green building/LEED green news management News parking lots property management vendors

Vestar and ASU Partner to Launch First-Ever ‘Cool Pavement Project’ at a Commercial Shopping Center

by Katie Lee September 26, 2023

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 …

September 26, 2023

green news News parking lots people property management vendors

Blink Charging Names COO, Chief Revenue Officer and VP Operations

by Katie Lee September 18, 2023

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 …

September 18, 2023

News property management retailers

Princess Polly Opens First U.S. Store at Westfield Century City in L.A.

by Katie Lee September 8, 2023

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 …

September 8, 2023

energy management green news management News property management retailers vendors

California’s Sierra Vista Mall Adds Solar Panels from King Energy

by Katie Lee August 28, 2023

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 …

August 28, 2023

management News property management

S.L. Nusbaum Realty Co. to Manage Village Marketplace in Virginia

by Katie Lee August 7, 2023

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 …

August 7, 2023

management News property management

Vestar Selected to Manage Homestead Square in Cupertino, CA

by Katie Lee August 2, 2023

San Francisco — Vestar, one of the leading privately held shopping center owners and managers in the western United States, has been retained by MetLife Investment Management to provide management services for Homestead Square, a 203,000-square-foot power center located in Cupertino, Calif. Geared toward management of quality institutional assets, Vestar currently operates nearly 70 properties, encompassing 30 million square feet of retail space across seven western states. In the Bay Area/Northern California, the company oversees 12 centers encompassing 3.8 million square feet, including Hacienda Crossing in Dublin, Alameda Landing in …

August 2, 2023

construction and design management News property management remodels retailers

CenterSquare Completes Renovations, Rebranding of Shopping Center Near Nashville

by Katie Lee July 6, 2023

Brentwood, Tenn. — CenterSquare Investment Management has recently completed renovations at Brentwood Corners (formerly Lakeside Center), a 22,268-square-foot Essential Service Retail (ESR) property located in Brentwood, Tenn., a Nashville suburb. The property has undergone several enhancements, including a newly milled and repaved parking lot, freshly painted facades and awnings, a complete roof replacement, revitalized landscaping, and the installation of LED lighting in both the shopping center and the surrounding parking area. In addition to the range of physical improvements implemented, the property has also undergone a change in ownership and …

July 6, 2023

construction and design exterior services/landscaping Industry Voices property management

The Retail Comeback

by Katie Lee July 5, 2023

— Interview with Tom Real — How restaurants and retail stores can capitalize on the post-pandemic revival. Although brick-and-mortar stores and restaurants were among the real estate sectors that suffered the most during the pandemic, these sectors also came roaring back as the crisis subsided. Owners of retail and restaurant properties are now looking for enticing amenities and engaging experiences that will pique investor and customer interest. We spoke with Tom Real, vice president of engineering and preconstruction at OTL, a leader in water features, rockwork and themed environments, about …

July 5, 2023

energy management green building/LEED green news HVAC/R lighting management News property management retailers

Kimco Realty® Publishes 2022 Corporate Responsibility Report

by Katie Lee June 29, 2023

Jericho, N.Y. — Kimco Realty®, North America’s largest publicly traded owner and operator of open-air, grocery-anchored shopping centers and a growing portfolio of mixed-use assets, has published its 2022 Corporate Responsibility Report. The report highlights the company’s progress in addressing environmental, social and governance (ESG) topics, which have been a focus for Kimco and its stakeholders for over a decade. “We remain dedicated to our focus on ESG, acknowledging its inherent connection to the maximization of long term stakeholder value,” says Conor Flynn, CEO of Kimco. “Our 2022 achievements reflect …

June 29, 2023

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