Foot Locker acquires Runners Point Group in Germany
New York — Foot Locker has completed the acquisition of Runners Point Group, a specialty athletic store and online retailer based in Recklinghausen, Germany.
With 200 stores located principally in Germany under the Runners Point and Sidestep banners and online business, Runners Point Group will boost Foot Locker’s European store count to 800 and add $254 million to the company’s European revenues of more than $1 billion.
Cincinnati’s Colerain Towne Centre sells for $30 million
Cincinnati, Ohio — Kimco Realty has sold Colerain Towne Centre, a 400,000-sq.-ft. Cincinnati power center, for $30 million, according to Mid-America Real Estate Corp.’s investment sales group, which represented Kimco in the transaction in cooperation with Anchor Associates. The buyer is a private real estate company.
Wal-Mart Supercenter, Dick’s Sporting Goods, Jo-Ann Fabrics, PetSmart and Hobby Lobby anchor the center, which is located just off of Interstate 275.
Rick Puttkammer returns to Colliers
San Diego — The San Diego office of Colliers International has announced that Rick Puttkammer is rejoining the firm as a senior VP. A 25-year veteran in retail property sales and leasing, Puttkammer will head up the firm’s retail division.