REAL ESTATE

Caruso names COO, outlines expansion plans

BY CSA STAFF

Los Angeles — Caruso Affiliated said it has named Paul Kurzawa as the company’s new COO, a newly created position for the company. Kurzawa was previously executive VP operations for Caruso.

The firm also outlined a comprehensive expansion program that is designed to double its size in the next five years, according to founder and CEO Rick Caruso. Caruso outlined the company’s business goals and platform for growth at a recent employee meeting.

Caruso Affiliated has steadily built its retail portfolio while also making strategic moves into new real estate types such as luxury residential communities and hotel development, and last year launched a division to pursue airport retail opportunities.

Caruso Affiliated also announced two additional executive changes, naming Jackie Levy as senior VP operations, and Matt Middlebrook as senior VP development. Both will report to Kurzawa.

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REAL ESTATE

Edwin Watts Golf to open at Twin Creeks Village

BY CSA STAFF

Allen, Texas — The Weitzman Group announced that Edwin Watts Golf Shop has leased 4,125 sq. ft. of retail space in Twin Creeks Village, located in Allen, Texas, north of Dallas.

At Twin Creeks Village, Edwin Watts Golf joins a line-up that includes Tom Thumb, Staples, Hobby Lobby, Petco, 24 Hour Fitness, Stacy Furniture and many more.

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Grubb & Ellis names VP retail group

BY CSA STAFF

Walnut Creek, Calif. — Grubb & Ellis Co. Said that it has named Robin Newton as VP retail group, for the firm.

Specializing in tenant and landlord representation, Newton joins Grubb & Ellis from Cornish & Carey Commercial Newmark Knight Frank.

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