REAL ESTATE

Grubb & Ellis appoints senior exec

BY CSA STAFF

San Jose, Calif. — Grubb & Ellis Co. announced that Robert Cook has joined the company as senior VP corporate services, based in the company’s San Jose office.

Cook will lead the suite of services designed to help corporate real estate departments respond to the Financial Accounting Standards Board’s pending lease accounting changes, which are expected to have far-ranging implications for companies and how they manage their real estate portfolios. In addition, Cook will expand the company’s Corporate Services relationships throughout the San Francisco Bay Area.

Cook has held senior strategic and financial planning positions with companies such as Northrop Grumman Corp., Cisco and Sun Microsystems.

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REAL ESTATE

Emagine Theatres opens at Hampton Village Centre

BY CSA STAFF

Rochester Hills, Mich. — Emagine Theatres has opened a 47,884-sq.-ft. location at Hampton Village Centre, in Rochester Hills, Mich.

The center is owned by Centro Properties Group, based in New York City.

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REAL ESTATE

H&M leases space for new store at The Forum in Carlsbad

BY CSA STAFF

Newport Beach, Calif. — Grubb & Ellis Co. said Friday that H&M has leased 19,600 sq. ft. of retail space at The Forum in Carlsbad.

The retailer signed a 10-year lease for the space, which includes a portion of the second level of The Forum. The company will take the majority of the space currently occupied by Borders Direct LLC, which is expected to vacate in spring 2011.

The retailer, which plans to open its Carlsbad location in summer 2011, now has 2,200 stores in 38 countries.

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