REAL ESTATE

EWB Development names former Coach exec as partner

BY Katherine Boccaccio

Essex, Vt. — EWB Development announced the appointment of Daniel J. Cochran as a new partner and the head of the new Tenant Representation division at EWB.

Cochran’s 25-year retail and outlet background includes Phillips Van Heusen – where he was SVP of real estate and legal – and Coach, where he served as SVP of real estate and construction.

As a partner at EWB Development, Cochran will head the new division dedicated to Tenant Representation, and will be involved in strategic consultation, site selection and evaluation, leasing, management and development.

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REAL ESTATE

T.J. Maxx, HomeGoods to open at Shops at La Palmera

BY Katherine Boccaccio

Corpus Christi, Texas — Fort Worth, Texas-based Trademark Property Co. announced that TJX Cos. concepts T.J. Maxx and HomeGoods will open this fall at The Shops at La Palmera, a 200,000-sq.-ft. outdoor shopping center in Corpus Christi, Texas.

Construction has already begun on the 44,750-sq.-ft. space accommodating the two new stores, which will be located adjacent to one another, each with a separate store entrance. The Shops at La Palmera store marks T.J. Maxx’s first in Corpus Christi. HomeGoods is new to market also.

“We are pleased at the caliber of retailers we continue to bring to The Shops at La Palmera,” said Trademark chairman and CEO Terry Montesi.

Renovation and construction work continues at The Shops at La Palmera, with work well underway on the recently announced Dick’s Sporting Goods, which is set to open this fall. Construction will soon be wrapping up on Corner Bakery, which is scheduled to open in June.

The new design of the property will complement that of Trademark’s La Palmera, a 1-million-sq.-ft. super regional mall located across from The Shops at La Palmera.

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REAL ESTATE

Market Street Place to launch construction

BY Katherine Boccaccio

San Francisco — Dallas-based Cypress Equities said Monday that construction is about to begin on the site of what will become Market Street Place, a 250,000-sq.-ft. retail center scheduled to open in 2015 and co-developed by Cypress Equities and The Carlyle Group.

Market Street Place will be a six-level, urban retail redevelopment designed by Gensler’s San Francisco architectural team.

The design provides for enhanced streetscape improvements around the building, prominent street presence for retailers and a large, open floor plan with clear heights up to 17 ft. on the ground floor. The planned interior finishes include natural stone, glass wall systems, stainless steel accent finishes, progressive lighting, and creative art installations.

“Market Street Place is an important step forward in the renaissance and transformation of San Francisco’s most public thoroughfare,” said Chris Maguire, CEO, Cypress Equities.

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