property management

Vestar Names Industry Veteran to Regional Director Position

by Katie Lee May 30, 2023

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, Martinez has worked for a variety of retail development and redevelopment projects in Los Angeles, San Francisco and East Bay, Calif., as well as in Abu Dhabi in the United Arab Emirates. In his new role, Martinez will be responsible for managing a portfolio of 11 shopping centers from Petaluma …

May 30, 2023

facilities management News property management vendors

MCS Acquires Chain Store Maintenance

by Katie Lee February 16, 2023

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, offering the core interior maintenance services that CSM is known for. Exterior facility services will continue to be marketed under MCS. In addition to expanding MCS’s overall commercial services offerings, the acquisition enhances its ability to serve its residential clients in the mortgage servicing and single-family rental industries with an …

February 16, 2023

construction and design management News property management

Klein Enterprises Redevelops Valley Plaza Shopping Center in Maryland

by Katie Lee January 26, 2023

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 signage, a resurfaced parking lot and lighting upgrades. Several new national retailers have signed leases with the shopping center, including the first Maryland locations for Boot Barn (opening Feb. 1, 2023) and Grocery Outlet (which opened in summer 2022). The 190,900-square-foot shopping center is home to multiple retail and dining …

January 26, 2023

management News people property management retailers

Trademark Names New General Manager for Annapolis Town Center

by Katie Lee January 24, 2023

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 a retail industry expert with almost 20 years of experience holding various roles in guest experience, marketing and property management. Her expertise is helping emerging retailers find their footing and flourish within their target customer base. “With Christi’s leadership, Annapolis Town Center will continue to evolve,” says Maranda Auzenne, CRRP, …

January 24, 2023

management News people property management retailers

Kimco Realty Bolsters Southern Region Team with New VP of Development

by Katie Lee November 16, 2022

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 shopping center, Oakwood Plaza North & South, Colonial Plaza and Cypress Creek Station, all located in Florida. “Josh’s knowledge of the Florida market, strong relationships with key stakeholders and proven track record of getting redevelopment projects over the finish line will be vital as Kimco expands its portfolio and mixed-use …

November 16, 2022

construction and design management News property management retailers

RD Management Breaks Ground on The Home Depot in Pennsylvania

by Katie Lee November 15, 2022

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 feet of retail and restaurant space in Trexlertown, Pa. The new 136,000-square-foot location featuring a garden center is slated to open in summer 2023. “The Home Depot opening at Macungie Crossing is a great win for local community members needing a close, convenient option for their home improvement and construction …

November 15, 2022

construction and design management News property management remodels restaurants retailers

Trademark Completes Initial Renovation of Annapolis Town Center

by Katie Lee November 8, 2022

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 Street. These enhancements — such as additional green and community spaces — have driven leasing momentum, leading to 122,000 square feet of new leases with a mixture of retail, food and beverage, and fitness tenants. “One of our guiding principles is to have vision and see beyond, and that is …

November 8, 2022

construction and design management News property management remodels retailers

Centennial Expands Redevelopment Plans for Hawthorn Mall in Vernon Hills, IL

by Katie Lee November 2, 2022

Vernon Hills, Ill. — Dallas-based real estate firm Centennial plans to expand on its Hawthorn 2.0 redevelopment of Hawthorn Mall, a super-regional shopping center in Vernon Hills, a northern suburb of Chicago. Built in 1973, the mall currently houses over 120 retailers. Centennial first announced the redevelopment of Hawthorn Mall in 2019, which included new retail and dining options, luxury multifamily housing and indoor/outdoor gathering spaces. The expanded plans nearly triple the new development at the property and include 162 units of seniors housing, a 25,000-square-foot grocery store and 109,000 …

November 2, 2022

Industry Voices property management

Valuable Coverage

by Katie Lee October 19, 2022

— 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 properties also on the rise, it is more important than ever to know what’s covered in your insurance policy and what you are actually paying for . . . and if you are paying enough. More and more property owners who experience loss are shocked to learn after the fact …

October 19, 2022

construction and design News property management remodels retailers

Macerich Underway on Next Phase of its Renovation of Scottsdale Fashion Square

by Katie Lee October 10, 2022

Santa Monica, Calif. — Macerich, one of the nation’s leading owners, operators and developers of one-of-a-kind retail and mixed-use properties in top markets, is underway on the next phase of ongoing reinvestment in its iconic Scottsdale Fashion Square located in Scottsdale, Ariz. Plans include an extensive interior and exterior renovation of the south wing, building on the successful first phase that launched the property’s spectacular luxury wing in 2018. New, complementary uses coming soon to Scottsdale Fashion Square include high-end fitness + wellness destination Life Time Scottsdale and the new …

October 10, 2022

Newer Posts

Older Posts