Content about Real estate

October 27, 2014

In a flash-back move echoing the founding days of Overstock, the company has purchased the entire inventory of online jewelry company Bidz.com, out of foreclosure.

In a flash-back move echoing the founding days of Overstock, the company has purchased the entire inventory of online jewelry company Bidz.com, out of foreclosure.

"We don't want to lose sight of where we come from," said Overstock President Stormy Simon. "When we have opportunities to bring our customers extraordinary deals like this, we make it happen."

April 22, 2014

RetailMeNot has some interesting plans in store for mall goers following an agreement with General Growth Properties allowing it to serve as the mall operators preferred digital coupon provider.

RetailMeNot has some interesting plans in store for mall goers following an agreement with General Growth Properties allowing it to serve as the mall operators preferred digital coupon provider.

Plans call for RetailMeNot to test new marketing formats and beacon technology in select malls that will allow RetailMeNot mobile app users to be served hyper-targeted offers. In addition, the company said it will work with General Growth Properties on various undefined initiatives to enhance the shopping experience at its 120 malls, increase traffic and drive sales for tenants.

January 30, 2014

Jo-Ann Fabric and Craft Stores has promoted Tony Carosello to VP, real estate. Carosello, previously director of real estate operations for the company, will report to Jim Kerr, EVP, CFO.

Jo-Ann Fabric and Craft Stores has promoted Tony Carosello to VP, real estate. Carosello, previously director of real estate operations for the company, will report to Jim Kerr, EVP, CFO.

November 13, 2013

O’Connor Capital Partners, a privately owned, independent real estate investment, development and management firm, has named Glenn J. Rufrano as chairman and CEO.

O’Connor Capital Partners, a privately owned, independent real estate investment, development and management firm, has named Glenn J. Rufrano as chairman and CEO.

Rufrano was a founding partner of the O’Connor Group, the firm’s original incarnation, and has served on the board since 2010. He has also acquired a full partnership stake in the firm.  

October 9, 2013

The Bon-Ton Stores has signed a lease with Rouse Properties for a new Herberger’s store at Cache Valley Mall in Logan, Utah — its first in the state.

The Bon-Ton Stores has signed a lease with Rouse Properties for a new Herberger’s store at Cache Valley Mall in Logan, Utah — its first in the state. 

The company expects to begin remodeling the 62,000-sq.-ft. facility in early spring 2014 and to be completed in the second half of 2014.

September 9, 2013

The Fresh Market has appointed Randall A. Young as the company’s SVP of real estate and development, effective Sept. 30.

GREENSBORO, N.C. — The Fresh Market has appointed Randall A. Young as the company’s SVP of real estate and development, effective Sept. 30. 

Young will oversee the company's real estate and development functions, including market strategy development, site selection, store design, construction, store relocations and renovations.

May 20, 2013

Ikea and Walmart are among the retailers heading to Charlotte, N.C., to anchor the Belgate Shopping Center. The new 900,000-sq.-ft. shopping center is DDR Corp.’s first ground-up domestic development in more than four years.

BEACHWOOD, Ohio — Ikea and Walmart are among the retailers heading to Charlotte, N.C., to anchor the Belgate Shopping Center. The new 900,000-sq.-ft. shopping center is DDR Corp.’s first ground-up domestic development in more than four years. 

The center will also include junior anchors Marshalls, Old Navy, Petco, ULTA, Cost Plus World Market, Hobby Lobby and Shoe Carnival.

April 24, 2013

Family Dollar is utilizing TAS Unity, a browser-based enterprise market knowledge system designed to aid retail real estate management from Trade Area Systems.

MATTHEWS, N.C. — Family Dollar is utilizing TAS Unity, a browser-based enterprise market knowledge system designed to aid retail real estate management from Trade Area Systems.
 

March 12, 2013

The Fresh Market, a high growth specialty retailer of high quality food products, has announced the resignation of Randy Kelley as SVP real estate and development who will leave the company to pursue a new business opportunity.

GREENSBORO, N.C. — The Fresh Market, a high growth specialty retailer of high quality food products, has announced the resignation of Randy Kelley as SVP real estate and development who will leave the company to pursue a new business opportunity. Kelley will remain with the company through early spring.

February 12, 2013

CBL & Associates Properties has announced the promotions of Gary Roddy to VP collections, Tricia Tweedie to VP billings and Jim Ward to VP branding.

CHATTANOOGA, Tenn. -- CBL & Associates Properties has announced the promotions of Gary Roddy to VP collections, Tricia Tweedie to VP billings and Jim Ward to VP branding.

Commenting on the promotions, CBL’s president, Stephen Lebovitz said, “These individuals have established themselves as leaders within CBL in their respective fields and the shopping center industry. We are pleased to recognize their accomplishments and significant contributions to the company with these promotions.”

February 6, 2013

Zillow has launched an iPad app and a Web site focused on the home improvement marketplace to provide inspiration, price transparency and lead generation for contractors.

Zillow has launched an iPad app and a Web site focused on the home improvement marketplace to provide inspiration, price transparency and lead generation for contractors.

July 24, 2012

JCPenney has sold its interest in Simon Property Group, L.P. back to Simon Property Group Inc. for $248 million in cash, helping the company get back on financial track.

PLANO, Texas — JCPenney has sold its interest in Simon Property Group, L.P. back to Simon Property Group Inc. for $248 million in cash, helping the company get back on financial track.

April 18, 2012

Whether employees at Target’s headquarters are able to hold meetings, work out, shoot baskets or have a cookout in a new downtown Minneapolis space is up for consideration on May 3 when the city’s zoning board of adjustment considers granting the retailer a variance.

Whether employees at Target’s headquarters are able to hold meetings, work out, shoot baskets or have a cookout in a new downtown Minneapolis space is up for consideration on May 3 when the city’s zoning board of adjustment considers granting the retailer a variance.

June 27, 2011

Target last week announced that Target Canada has reached an agreement to transfer to Walmart Canada the leasehold interests in up to 39 sites, currently operated by Zellers.

MINNEAPOLIS — Target last week announced that Target Canada has reached an agreement to transfer to Walmart Canada the leasehold interests in up to 39 sites, currently operated by Zellers.

Specific locations will be identified later this fall. Terms of this transaction were not disclosed.

April 18, 2011

Family Dollar Stores announced that it has named Brad Rogers to the position of VP real estate development.

MATTHEWS, N.C. -- Family Dollar Stores announced that it has named Brad Rogers to the position of VP real estate development. Rogers will report to Keith Gehl, SVP real estate and facilities.

“Accelerating new store growth is a key element of our strategic agenda,” said Gehl. “Through Brad’s leadership we will continue our aggressive growth in both new and existing markets to provide budget-conscious customers with a compelling shopping experience in more areas of the country.”