DDR names capital markets exec
Beachwood, Ohio — DDR Corp. announced the appointment of Luke Petherbridge as senior VP capital markets. In this role, Petherbridge will be primarily responsible for capital raising, actively managing the balance sheet and maintaining strong lender relationships.
Prior to joining DDR, Petherbridge served recently as the CEO and a director of shopping center owner EDT Retail Trust (formerly Macquarie DDR Trust), a company which had been publicly traded on the Australian Stock Exchange and previously managed in a joint venture between DDR and Macquarie Group. Before that, he served as director of transactions with boutique real estate investment company Rubicon Asset Management.
LaVida Massage debuts in Pittsburgh
Commerce, Mich. — LaVida Massage announced the opening of its first center in Pittsburgh, slated to open in late December at Shadyside Shops.
The 2,800-sq.-ft. location will feature nine regular massage rooms, two couples massage rooms and an aesthetics room. It will be owned and managed by brothers and franchisees Gary and Michael Kohanbash.
SRS Real Estate names exec
Dallas — SRS Real Estate Partners announced the hiring of Scott Landgraf as senior VP in the company’s Newport Beach, Calif., office.
Prior to joining SRS, Landgraf was senior VP at Colliers International.
Landgraf specializes in retail tenant representation and investment sales throughout southern California and the Inland Empire.