REAL ESTATE

Chicago real estate guru and former retailer dies

BY CSA STAFF

Chicago Clifford Johnson, 85, Jewel Cos. real estate veteran, died July 9 at his home in Arlington Heights, Ill., according to his son Glenn Johnson, director of design, architecture and engineering for Westchester, Ill.-based TriLand Properties.

Johnson worked for Jewel Cos. for 37 years and ascended to the title of executive VP real estate, construction and development. He was responsible for and oversaw the growth and development of the multiple companies under the Jewel corporate umbrella and was regarded as one of the premier retail real estate executives in the United States during the 1960’s -1980’s.

Johnson was instrumental in the acquisitions of Eisner Foods Stores and Osco Drug, which helped drive the Jewel’s expansion from the small standalone store concept in the 1950’s to the Jewel-Osco combination stores during the 1960’s, 1970’s and 1980’s. He was also involved with the acquisition and development of other Jewel retail concept initiatives during this time frame including TurnStyle, White Hen Pantries, the Jewel Grand Bazaar and Republic Lumber.

Upon Jewel Cos.’ acquisition by American Stores in 1984, he was retained by the new owners to provide guidance for the transition, finally retiring from American Stores in 1986. 

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REAL ESTATE

DLC announces promotion

BY CSA STAFF

Tarrytown, N.Y. DLC Management Corp. has announced the recent promotion of Sally Krauss to VP real estate transactions.

Krauss is responsible for coordinating and managing the successful completion of DLC’s real estate acquisitions, dispositions and all financing transactions. She is also responsible for maintaining environmental compliance with respect to DLC owned and managed properties.

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REAL ESTATE

Stirling announces leasing transactions

BY CSA STAFF

Covington, La. Stirling Properties announced it has secured a number of leases, including Honey Baked Ham, which will open a 2,504-sq.-ft. store in Spring Plaza in Ocean Springs, La.; and Hallmark Gold Crown Store, which will open a 4,005-sq.-ft. store in Hammond Square, Hammond, La.

Anytime Fitness will open 4,000 sq. ft. at Old River Marketplace in Shreveport, La., and Snap Fitness in Breaux Bridge, La., with 9,684 sq. ft.

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