REAL ESTATE

Jones Lang LaSalle hires senior exec to bolster open-air retail division

BY CSA STAFF

Atlanta Jones Lang LaSalle said it has hired Steve Yenser as executive VP director of open-air in the company’s retail division.

Yenser will be responsible for growing the firm’s open-air and lifestyle practice and servicing existing clients in key markets, said the company. Jones Lang LaSalle began servicing the open-air retail sector in 2007 and today manages 93 open-air properties totaling more than 11 million sq. ft. of space.

Yenser joins Jones Lang LaSalle from Cousins Properties where he most recently ran the firm’s retail practice.

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REAL ESTATE

Harrods in talks to open Shanghai store

BY CSA STAFF

Shanghai London-based luxury department store retailer Harrods is said to be considering opening a store in Shanghai according to a Friday report by China Daily.

The paper said that Harrods is holding talks with the Shanghai municipal government on the opening of its first store outside the United Kingdom in the historic Bund area of Shanghai.

The proposed venture in China was initiated by managing director Michael Ward, according to the report. The plans, however, have yet to be confirmed.

Harrods was acquired on May 8 by Qatar Holdings for 1.5 billion pounds from Egyptian billionaire Mohammed al-Fayed.

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Winick Realty announces promotions

BY CSA STAFF

New York City Winick Realty Group announced six promotions on Wednesday. Steven E. Baker now serves as president of Winick Realty Group LLC, where he has also been made partner.

Joseph Isa has been promoted to senior managing director. The following have been promoted to the position of director: Cosmo Montemurro, Jamie Rogers, Richard Smith and Monica Kass.

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