Cushman & Wakefield name president and CEO
New York — Cushman & Wakefield Inc. has appointed Edward C. Forst president and CEO, effective January 6, 2014.
Forst, 53, comes to Cushman & Wakefield from Goldman, Sachs & Co. where he served as global co-head of the Investment Management Division, as a member of the firms management committee and previously as the firm’s chief administrative officer.
He has more than 30 years of experience working in international asset management, capital markets and operational leadership.
Edwards Realty acquires North & Harlem Plaza
Oak Park, Ill. — Edwards Realty Company has acquired the North & Harlem Plaza in Oak Park, Ill., for $4.7 million, according to Mid-America Real Estate, which represented the seller, Hudson Advisors LLC, in the transaction.
The 23,320-sq.-ft. center features Dunkin’ Donuts, The UPS Store, Check‘n Go, American Mattress and Batteries Plus.
Levin to manage The Shops at 5 in Plymouth, Mass.
North Plainfield, N.J. — The Shops at 5 in Plymouth, Mass., has named Levin Management its exclusive managing agent.
The 420,000-sq. ft. open-air shopping center takes its name from its location off Route 3 at Exit 5 on Long Pond Road. Anchor tenants include BJ’s Wholesale Club, TJ Maxx/HomeGoods and Kohl’s. Other national names include The Sports Authority, PetSmart, Pier 1 Imports, Panera Bread and IHOP.
The Shops at 5 services a residential population of more than 105,800 people within a 10-mile radius. Average household income is $95,850. The daily traffic count along Route 3 exceeds 60,000 vehicles.