REAL ESTATE

DLC Management announces hirings, promotions

BY CSA STAFF

Tarrytown, N.Y. DLC Management Corp. announced that Basil Donnelly joined the firm as senior VP — legal affairs on Sept. 7, charged with directing the day-to-day activities of the legal department and overseeing DLC’s legal matters, including leasing, acquisition, financing, disposition and litigation. Donnelly was previously executive VP and general counsel — property for Centro Properties Group.

In related news, DLC’s leasing department has hired Nathan Tonnies as VP of Midwest Leasing in the company’s Oak Brook, Ill. office. Tonnies is responsible for overseeing all leasing activity throughout DLC’s Midwest region. DLC’s New York leasing team was joined by a new trainee. Alex Varon started at the company upon graduating from SUNY Binghamton and is working with DLC’s Northeast leasing representatives to learn the commercial real estate business.

DLC’s Property Management Department, which spans each of the company’s four offices, announced the hiring of Paula Bartlett as a regional property manager in its Towson, Md., office. She will handle the daily management needs of the company’s 17 shopping center portfolio in the Mid-Atlantic.

DLC also announced the following promotions: Patrick Tandy, to senior VP — construction; Michael Desmarais to senior VP — property management; Howland Gordon to senior associate counsel; Ross Doud to VP property management — Northeast & Mid-Atlantic Regions; Donna Earnhart to VP property management — Southeast Region; Evan Podob to VP leasing — Northeast Region; Chris Ressa to senior leasing representative; Monique Blatch to regional property manager — Southeast; and Traci Krauss to director of administrative services — property management.

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REAL ESTATE

Nine new tenants join Richmond Centre

BY CSA STAFF

Richmond, Ky. Charlotte, N.C.-based Crosland LLC announced that nine new national and local tenants have joined the 120-acre retail destination Richmond Centre, located in Richmond, Ky., about 20 miles from Lexington.

Anchor tenant Meijer has been joined by The Children’s Place, Fusion Tanning Studios, Sprint and Sweets & Treats. Other tenants planned to open include PetSmart, Subway, Great Clips, Real Law and Forcht Bank.

Meijer opened a 207,483-sq.-ft. supermarket in May, and PetSmart will open a 15,304-sq.-ft. store in January 2011.

The Children’s Place opened a 4,020-sq.-ft. store in July, and Sprint opened a 1,490-sq.-ft. store on Sept. 9. Subway will open a 1,199-sq.-ft. location in late November. Locally owned Sweets & Treats just opened a 958-sq. ft. ice cream shop, and Great Clips opened a 1,132-sq.-ft. salon in mid-May.

Fusion Tanning Studios opened a 2,062-sq.-ft. space in August, and Real Law opened a 1,001-sq.-ft. walk-in law center in September. Forcht Bank will open a branch on 1.75 acres in late October.

The Richmond Centre development features 800,000 sq. ft. of retail space featuring 13 outparcels, 15 acres for two hotels, and 60,000 sq. ft. of office space. Current anchors include Belk, J.C. Penney, Cinemark Theatre and Meijer.

Richmond Centre is a joint venture between Crosland LLC and Carolina Holdings.

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Dick’s, Olan Mills, Linens & More for Less! to open at Kentucky Oaks Mall

BY CSA STAFF

Paducah, Ky. Youngstown, Ohio-based Cafaro Co. announced that Dick’s Sporting Goods, Olan Mills Portrait Studio and Linens & More for Less! will soon be opening at Kentucky Oaks Mall, in Paducah, Ky.

Linens & More for Less! will open a 27,000-sq.-ft. store on Oct. 15, located between David’s Bridal and Hobby Lobby. 

Dick’s Sporting Goods will occupy more than 56,000 sq. ft. on the north side of the mall, with its grand opening slated for November. Olan Mills Portrait Studio will open on the Elder-Beerman Court in early 2011.

The Kentucky Oaks Mall complex comprises over 1 million sq. ft. of shopping, dining and entertainment.

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