Macy’s has sold a fee-simple ground lease underlying The Shops on Lake Avenue in Pasadena that is shadow-anchored by one of its active stores.
Regency Centers has promoted 14-year veteran Michael Mas to managing director of finance.
Ron Rubin resigned his post as chairman of the board of PREIT and will be succeeded in that role by CEO Joseph Coradino.
TJX Cos. is preparing to debut a new retail banner.
RCG Ventures has purchased Oak Brook Square in Flint, Michigan, for $14.2 million.