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Watterson Appoints New Chief Growth Officer

by Katie Lee

Schaumburg, Ill. — Watterson has appointed Lisa M. Fry to chief growth officer. As a global business leader with more than 25 years of experience in the commercial real estate industry, Fry specializes in business strategy, facilities management and enterprise client solutions. Fry brings with her the expertise from international real estate giants CBRE and Cushman & Wakefield, where she held global executive and senior management roles. “My goal will be to build upon Watterson’s great foundation and assist in shaping the strategy of the company for the future,” says …

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Newsretailers

Sheetz to Open Up to 30 New Locations in Western Pennsylvania

by Katie Lee

Pittsburgh — CBRE has been engaged to assist with site selection for Sheetz Inc.’s expansion in Western Pennsylvania by RBG Development, Inc., a Pittsburgh-based commercial real estate acquisition development firm and exclusive developer for Sheetz, Inc. in the region. Sheetz is one of America’s fastest-growing, family-owned and operated convenience store chains. CBRE, in partnership with RBG Development (RBG), will source and negotiate the acquisition of approximately 1.5 to 3.0-plus-acre, high-traffic and high-visibility sites to help the chain expand its presence by as many as 30 locations in Western Pennsylvania within …

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Fashion Retailer Aritzia to Open Flagship Store on Magnificent Mile in Downtown Chicago

by Katie Lee

Chicago — Aritzia, a women’s fashion boutique retailer based in Vancouver, plans to open a flagship store on Chicago’s Magnificent Mile, bucking a trend of retailers leaving the famous stretch of North Michigan Avenue. The Magnificent Mile spans 13 city blocks in downtown Chicago and houses 460 stores, 275 restaurants and 60 hotels. The retailer, which sells apparel under brands such as Wilfred, Babaton and TNA, will occupy a 46,000-square-foot space at 555 N. Michigan Ave. in 2023. The location formerly housed Gap’s three-story flagship store before the retailer closed …

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Freddy’s Frozen Custard & Steakburgers Opens First New Jersey Location

by Katie Lee

Linden, N.J. — In a transaction arranged by CBRE, fast-casual restaurant Freddy’s Frozen Custard & Steakburgers will be opening its first New Jersey location this month in Linden. The Wichita, Kan.-based chain has committed to a pad lease for its 3,200-square-foot prototypical building and double drive-thru at Legacy Square, Cypress Development’s new open air shopping center along Linden’s primary retail corridor. Co-founded in 2002 by Scott Redler and Bill, Randy and Freddy Simon, Freddy’s opened its first location in Wichita, Kan. The brand was acquired by private equity firm Thompson …

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construction and designNewsrestaurants

Del Frisco’s Double Eagle Steakhouse to Open in Pittsburgh’s Historic Union Trust Building

by Katie Lee

Pittsburgh – The Davis Companies (TDC) and Del Frisco’s Restaurant Group, Inc., owned by Tilman J. Fertitta and family, plan to open a Del Frisco’s Double Eagle Steakhouse in September 2022 in the recently restored Union Trust Building in downtown Pittsburgh. Del Frisco’s reaffirmed its 15-year commitment, which will occupy 11,032 square feet of first floor and mezzanine-level space at the prime corner of Fifth Avenue and William Penn Place. The restaurant’s upper and lower dining rooms will be connected by the restoration of an existing grand marble staircase. The …

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construction and designNewspeopleretailers

Konover South, LLC Hires Director of Construction

by Katie Lee

Deerfield Beach, Fla. — Patrick Christie, P.E., has joined Deerfield Beach, Fla.-based Konover South, LLC, as director of construction. A Registered Professional Engineer with over 20 years of retail construction experience, Christie previously served as director of project management at CBRE | Skye Group in Miami and earlier as senior director of construction at Kimco Realty Corporation in New York. In his new role, he is responsible for all construction management activities on Konover South’s growing number of retail centers now under development in Florida and North Carolina. Christie is …

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Newsvendors

CBRE | FacilitySource Named U.S. Supplier Company of the Year at PRSM2019

by Katie Lee

Los Angeles — The Professional Retail Store Maintenance Association (PRSM), now known as Connex, has named CBRE | FacilitySource as the 2019 U.S. Supplier Company of the Year. The prestigious award, which recognizes performance excellence by a supplier to the retail facility management industry, was presented at the PRSM2019 National Conference on April 30, 2019 in Denver. “This recognition is a reflection of the hard work and dedication of our team, who work to deliver unmatched client outcomes every day,” says Bill Hayden, CEO of CBRE | FacilitySource. CBRE | …

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green newsNewsretailers

REI Achieves First U.S. LEED Platinum & Net Zero Energy Distribution Center

by Katie Lee

Seattle — On December 24, 2016, REI’s newest distribution center, located in Goodyear, Ariz., achieved LEED (Leadership in Energy and Environmental Design) Platinum certification — the highest level in the U.S. Green Building Council’s (USGBC) green building rating system — making it the first distribution center in the U.S. to achieve both LEED Platinum certification and Net Zero Energy.

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green newsNewsretailers

REI’s New Distribution Center To Seek LEED Platinum Certification

by Katie Lee

Seattle — REI has designed its new distribution center to be net zero energy and is pursuing LEED Platinum — the highest level in the U.S. Green Building Council’s (USGBC) rating system. Situated in the Arizona desert, the facility is intended to be one of the world’s most sustainable distribution centers.

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