REAL ESTATE

Casto, St. Joe, SRA team to develop Pier Park North

BY Staff Writer

Panama City Beach, Fla. — The St. Joe Co., together with Casto and Strategic Retail Advisors, announced a joint venture to develop Pier Park North, a 390,000-sq.-ft. shopping center located across from Pier Park Lifestyle Center in Panama City Beach, Fla.

Confirmed retailers include Dick’s Sporting Goods, Michaels, Pier 1 Imports and Kirkland’s. Pier Park North anticipates opening in spring 2014.

“Casto is pleased to be involved in such a dynamic project,” said Brett Hutchens, partner at Casto. “We together with SRA are making great headway thus far and there is strong interest among many additional national retailers and restaurants, and therefore, we anticipate another wave of tenants to be announced in early 2013.”

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REAL ESTATE

Brixmor announces multiple leases with Ross Dress for Less

BY Staff Writer

New York — Brixmor Property Group announced four lease executions with Ross Dress for Less across the Brixmor portfolio. Within the Brixmor portfolio of shopping centers, Ross currently has 26 locations in 11 states and encompasses approximately 800,000 sq. ft.

The new locations with Ross include a 25,000-sq.-ft. store opening in early 2013 at Montebello Plaza, in Montebello, Calif.; a 27,500-sq.-ft. store opening summer 2013 at Rivercrest Shopping Center, in Crestwood, Ill.; a 22,000-sq.-ft. store also opening summer 2013 at Clocktower Place, in Florissant, Mo.; and a 25,000-sq.-ft. store slated to open summer 2013 at Five Points, in Corpus Christi, Texas.

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P.Lopez says:
Apr-02-2013 08:52 pm

chatrandom
Within the Brixmor portfolio of shopping centers, Ross currently has 26 locations in 11 states and encompasses approximately 800,000 sq. ft. chatrandom

P.Lopez says:
Apr-02-2013 08:52 pm

Within the Brixmor portfolio of shopping centers, Ross currently has 26 locations in 11 states and encompasses approximately 800,000 sq. ft. chatrandom

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REAL ESTATE

Inland Private Capital Corp. announces exec promotions

BY Staff Writer

Oak Brook, Ill. — Inland Private Capital Corp. announced three employee promotions and the hiring of one new employee to the company’s senior management team.

Effective Nov. 13, the company has promoted Keith Lampi to the position of COO and Rahul Sehgal to chief investment officer. Additionally, Joe Binder has been promoted to senior VP acquisitions; Dione McConnell has been appointed VP operations.

Lampi has been with IPCC for more than 10 years and serves on the company’s board of directors; Sehgal is an eight-year veteran of the company and also serves on the board of directors.

Binder, with the company for nearly five years, will continue to oversee acquisition underwriting, due diligence and financing associated with new property acquisitions.

McConnell was previously with other companies related to Inland for 23 years, serving in many capacities in its meeting facility and investment groups.

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P.Lopez says:
Apr-04-2013 06:55 pm

Chatrandom
Binder, with the company for nearly five years, will continue to oversee acquisition underwriting, due diligence and financing associated with new property acquisitions. Chatrandom

P.Lopez says:
Apr-04-2013 06:54 pm

Chatrandom
Binder, with the company for nearly five years, will continue to oversee acquisition underwriting, due diligence and financing associated with new property acquisitions. Chatrandom

P.Lopez says:
Apr-04-2013 06:55 pm

Binder, with the company for nearly five years, will continue to oversee acquisition underwriting, due diligence and financing associated with new property acquisitions. Chatrandom

P.Lopez says:
Apr-04-2013 06:54 pm

Binder, with the company for nearly five years, will continue to oversee acquisition underwriting, due diligence and financing associated with new property acquisitions. Chatrandom

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Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

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