REAL ESTATE

Jones Lang LaSalle to lease and manage Kirkwood Mall

BY CSA STAFF

Bismarck, N.D. — Chicago-based Jones Lang LaSalle announced that it has been named as the new property and leasing manager for Kirkwood Mall, an 845,000-sq.-ft. enclosed mall in Bismarck, N.D., by an affiliate of Radiant Partners that recently purchased the mall from Metropolitan Life Insurance Co.

Kirkwood Mall was built in 1970 and contains 80 shops, anchored by Herberger’s, I. Keating Furniture World, J.C. Penney, Scheels and Target.

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REAL ESTATE

Opus Development names retail development exec

BY CSA STAFF

Minneapolis — Opus Development Corp. announced that John Gelderman has been hired as senior VP national retail development.

In his new position, Gelderman will lead the current Opus retail team, oversee all existing retail development and will be responsible for seeking all new retail development opportunities across the country.

He has worked with Pepsico – Taco Bell, Caribou Coffee, CSM Corp., Opus Northwest, L.L.C., and is currently with his own consulting firm, JFG Retail Real Estate Advisors, where he has worked with a number of retail clients and is just finishing development on the Frogtown Square mixed-use retail and apartment project located in St. Paul.

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REAL ESTATE

Two new tenants opening at Galloping Hill Center

BY CSA STAFF

Union, N.J. — A Seabra Foods and Koki Japanese Buffet opened at Galloping Hill Center in Union, N.J., according to Plainfield, N.J.-based Levin Management Corp., the property’s exclusive leasing and managing agent.

A Seabra Foods is a full-service grocer and will open a 30,861-sq. ft. space formerly housed by another supermarket tenant.

Koki Japanese Buffet leased 5,500 sq. ft., joining other retailers and services including Mandee, Memory Lane Hallmark, Citibank, Weight Watchers, Radio Shack and Manhattan Bagel.

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