Dupont Lakes Shopping Center in Deltona, Fla., will be redeveloped by Tampa-based RMC Property Group in a joint venture with Publix Super Markets Inc. and Red-stone Investments. Phase 1 will involve construction of a new 45,000-sq.-ft. Publix with an adjoining 14,000 sq. ft. of retail; Phase 2 will raze the old Publix and build a new 165,000-sq.-ft. Home Improvement Center.
Melville, N.Y.-based DJM Realty has acquired the rights to sell all 61 national location leases of Rag Shops, which filed for Chapter 11 bankruptcy protection in May. The leases range from 7,000 sq. ft. to 20,000 sq. ft. and are located in Connecticut, Florida, New Jersey, New York and Pennsylvania.
DLC Management Corp., Tarrytown, N.Y., has acquired Riverside Plaza, a 217,936-sq.-ft. open-air center, and Key Road Plaza, a 76,134-sq.-ft. open-air center, both located in Keene, N.H. The deal represents DLC’s second and third acquisition in New England in 2007.
Atlanta-based Jones Lang LaSalle has joined with Alexander Babbage and MallFinder Network to establish an online nationwide shopper panel. The proprietary online database of consumer shopping trends will be available to shopping center owners and retailers to facilitate gauging consumer trends.… Jacksonville, Fla.-based Regency Centers won a bronze award in the 28th Annual Telly Awards; Regency’s award was in the employee communications category.
Covington, La.-based Stirling Properties has named Mark Salvetti director of project management.… General Growth Properties, Chicago, has added three to its senior leadership team in the Third Party Management Division: Donn Fuller is VP of development, Mark Hunter is VP of leasing and client relations and Cynthia Murphy is regional VP of leasing.
Coca-Cola names chief marketer
ATLANTA The Coca-Cola Company has appointed Joseph Tripodi to the position of chief marketing and commercial officer, reporting to president and coo Muhtar Kent. Most recently, Tripodi was the senior vp and chief marketing officer for Allstate Insurance Co., where he was responsible for the structure, strategy and execution of all of their marketing efforts.
In his role, Tripodi will lead a new function consisting of the combination of the company’s global marketing and commercial organizations. In addition to overseeing all aspects of marketing, he will be responsible for coordinating and leading the company’s strategic direction in commercial leadership.
Prior to joining Allstate in 2003, Tripodi was chief marketing officer for The Bank of New York. He served as chief marketing officer for Seagram Spirits & Wine Group from 1999 to 2002. From 1989 to 1998, he was the evp for global marketing, products and services for MasterCard International, where among other achievements he was a chief architect of the acclaimed “Priceless” campaign. Previously, he spent seven years with the Mobil Oil Corp., where he gained considerable international experience in roles of increasing responsibility in planning, marketing, business development and operations in New York, Paris, Hong Kong and Guam.
Whole Foods takes top spot on EPA list
WASHINGTON Whole Foods Market took the top spot this quarter on the U.S. Environmental Protection Agency’s Top 10 Retail Partners in its Green Power Partnership program. Other major retailers on the list include Kohl’s (2), Staples (4), Lowe’s (6) and Office Depot.
According to its profile on the EPA Web site, currently, Whole Foods Market is purchasing or generating 100% of its total national power load from green power sources.
The Top 10 Retail Partners in the Green Power Partnership is released quarterly and represents the largest completed annual green power purchases of all Retail Partners within the Green Power Partnership. According to the EPA, the combined green power purchases of these organizations amounts to an estimated 1.4 billion kilowatt-hours (kWh) annually, which is the equivalent amount of electricity needed to power more than 140,000 average American homes each year.