JLL names new Midwest property management lead
Chicago — Jones Lang LaSalle Retail has announced the expansion of its Midwest platform with the addition of Sylvia Payette as the new Midwest property management lead.
Based in the firm’s Chicago headquarters, Payette will partner with Larry Kilduff, the Midwest retail market lead to maximize client’s property values and net operating income by developing and executing strategic operational efficiencies. She will also oversee the firm’s 11.5-million-sq.-ft. portfolio of shopping centers under management in the Midwest.
Payette joins JLL from Inland American Retail Management, where she served at regional property manager/VP of property management. A 20 year industry veteran, she is experienced in developing and managing regional offices, financial reporting, negotiating, steering legal matters, business accounting, and commercial associations.
Sidecar to open in Tucson’s Broadway Village
Tucson, Ariz. — Sidecar, a craft beer and cocktail bar, plans to open a 963-sq.-ft. upscale lounge at Broadway Village in Tucson. Slated to open in March of 2014, the bar will seat 40 people inside and 12 to 15 people on a patio.
Commercial Retail Advisors represented the landlord, CRI Broadway Village Partners in the transaction. Sidecar handled the lease negotiations itself.
Yotagious Frozen Yogurt to Thatcher, Ariz., Center
Tucson, Ariz. — Yotagious Frozen Yogurt of Thatcher has leased a 1,500-sq.-ft. space at the Gila Valley Shopping Center in Thatcher, Ariz., and plans to open in the early spring of 2014.
The Tucson office of CBRE represented Gila Valley’s owners in the transaction.