DDR Corp. said Monday it will redevelop four shopping centers in Puerto Rico — Plaza del Sol and Rexville Plaza in Bayamon, Plaza del Norte in Hatillo and Plaza Escorial in Carolina.
Brixmor Property Group announced that two retailers will join Superior Marketplace, located in Superior (Denver), Colo.
The Hodgdon Group announced that it has completed the entitlements and has launched construction on the renovation and expansion of a former Circuit City building located in Laguna Hills, Calif.
Marcus & Millichap Real Estate Investment Services said it has promoted Jason S. Ladner to the position of VP investments. He will work from the firm’s Milwaukee office.
Brixmor Property Group announced that a 10,000-sq.-ft. Goodwill recently opened at Freedom Square, located in Naples, Fla.
X Team International, an international alliance of retail real estate advisors, announced the election of John Cumbelich as its new president and Clay Mote and David Larson as new board members.
Lowe's Cos. announced Monday it will open 10 to 15 stores annually in North America from 2012 forward, down from its prior target of 30 stores, and will close 20 underperforming locations.
American Girl, a division of Mattel, will open a store at Chesterfield Mall, in the St. Louis suburb of Chesterfield, Mo.
Gap reaffirmed the company’s commitment to reducing square footage at home while aggressively growing its online revenue and international presence during a presentation to investors in New York City.
Atlanta-based Jones Lang LaSalle said Tuesday it has been named as the property and leasing manager for Heritage Mall, a 407,354-sq.-ft. regional shopping center located in Albany, Ore.