CBL announces John Foy to retire
Chattanooga, Tenn. — CBL & Associates Properties announced that John N. Foy has retired as an officer of the organization and as a director and vice chairman of CBL’s board of directors.
Foy will remain until the end of the year to assist with the transition. His retirement concludes a 44-year career with the CBL organization and its predecessor company.
Ruler Foods to open at Champaign Town Center
Champaign, Ill. — Oakbrook Terrace, Ill.-based Mid-America Asset Management said that Kroger Limited Partnership 1 has signed a lease for 20,437 sq. ft. at Champaign Town Center in Champaign, Ill., to open a Ruler Foods discount grocery store in March 2013.
This will be the first Ruler Foods store in Champaign, which will be joining anchors HH Greg and Jo-Ann Fabric and Craft Stores. The grocer is taking space formerly occupied by Old Navy. Ruler Foods offers the sale of Kroger-branded private-label groceries and is owned by Seymor, Ind.-based JayC Food Stores, a wholly owned subsidiary of The Kroger Co.
Urban Partners announces executive appointments
Los Angeles — Urban Partners announced that real estate veteran John Gunn has rejoined the company as managing director.
The company also announced that Del Morais has been promoted to VP finance, and will direct the finance, accounting and tax departments at both Urban Partners and Harbor Urban.
Resuming his former leadership role, Gunn will be responsible for the planning and development of mixed-use, public/private, and transit-oriented developments in urban locations throughout California.
Gunn’s return and Morais’ promotion follow the arrival of David Walker, newly named managing director, capital markets.