REAL ESTATE

JLL names new management team at The Palms at Town & Country

BY CSA STAFF

Miami Jones Lang LaSalle announced Wednesday a new management team for The Palms at Town & Country shopping center.

According to JLL, Joy Medlock is the new general manager and Annette Alvarez has been appointed operations manager.

Medlock joined The Palms team in May 2009. In her new role as general manager, Medlock will be responsible for administrating the center’s multi-million dollar budget and will oversee accounting, maintenance, tenant relations, risk management and property improvements.

Annette Alvarez started at The Palms Town & Country in June 2009. In her role as operations manager, Alvarez oversees the operating systems for both the shopping center and the Professional Arts Center.

In addition to Medlock and Alvarez, Suzie Castellon joined The Palms management team on Nov. 2 as the office manager.

The Palms at Town & Country is managed by Jones Lang LaSalle. As a third-party service provider, Jones Lang LaSalle Retail manages the largest retail portfolio in the country, with a 51 million-sq.-ft. portfolio consisting of 130 regional malls, strip centers, power centers, lifestyle centers, ground-up development projects, mixed-use centers and transportation terminals across 31 states.

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REAL ESTATE

Crossman announces redevelopment of City Plaza at Tampa Palms

BY CSA STAFF

Tampa, Fla. Crossman & Co. announced it will be redeveloping City Plaza at Tampa Palms in Tampa, Fla.

As part of the redevelopment, Crossman said it has negotiated a new 20-year lease with Publix Super Markets for a new 54,340-sq.-ft. facility, which will replace an existing 49,300-sq.-ft. facility Publix occupies at the center.

City Plaza at Tampa Palms is part of the Tampa Palms master-planned development in the Bruce B. Downs Blvd. corridor, which at final build-out will include 8,400 residential units, almost 1 million sq. ft. of retail space and 59,000 sq. ft. of office space.

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CompUSA to open store in Houston

BY CSA STAFF

Houston CompUSA is re-entering the Houston market with a brand-new store after filing bankruptcy in 2007 and closing all of its Houston locations.

The company signed a lease last week for space in Village Plaza at Bunker Hill, a 455,000-sq.-ft. retail center.

The center is owned by Fidelis Realty Partners and BayNorth Capital.

The store is expected to open by Black Friday.

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