REAL ESTATE

Donahue Schriber announces promotions

BY Staff Writer

Costa Mesa, Calif. Shopping center developer Donahue Schriber announced it has named Lawrence P. Casey to serve as company president. This will add to his duties as COO.

Casey’s advancement comes on the heels of the retirement of Donahue Schriber co-founder and chairman of the board, Thomas L. Schriber, in May. Schriber relinquished his role to president, CEO and 30-year company veteran, Patrick S. Donahue, as part of a planned succession. 

Casey joined Donahue Schriber in 2000 as its CFO.

The company also announced that David W. Mossman, Donahue Schriber’s executive VP acquisitions, dispositions and development, has stepped into a newly created role as chief investment officer. As a 14-year veteran of the company, Mossman has overseen in excess of $1 billion of new property acquisitions, dispositions and development projects.

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REAL ESTATE

WP Realty acquires Fairlawn Town Centre

BY CSA STAFF

Bryn Mawr, Pa. WP Realty and Angelo, Gordon & Co. have announced the acquisition of Fairlawn Town Centre, in Fairlawn, Ohio.

The 447,037-sq.-ft. community shopping center is anchored by Giant Eagle, Target, Home Goods, Pet Supplies Plus, and Marc’s. In-line tenants include a U.S. Post Office, Chuck E. Cheese, Panera Bread, GNC, Subway and RadioShack.

The acquisition of the center also included a vacant 39,840-sq.-ft. junior anchor box formerly occupied by Circuit City.

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Jones Lang LaSalle names retail client service expert

BY CSA STAFF

Atlanta Jones Lang LaSalle announced it has named Scott Trafford as senior VP business development in its retail division.

Based in Orange County, Calif., Trafford will be responsible for client relationship management with existing and prospective clients seeking retail services in the Western states. He will work with clients on investment objectives, sourcing acquisitions and developing growth strategies.

Trafford joins JLL from Madison Marquette where he was regional asset manager for the Southern California market.

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