REAL ESTATE

Marcus & Millichap names regional manager

BY Katherine Boccaccio

Ontario, Calif. — Marcus & Millichap Real Estate Investment Services announced it has named Kevin Boeve as regional manager of its Ontario office, Calif., office.

Boeve joined Marcus & Millichap in June 1999 and most recently served as VP investments.

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REAL ESTATE

Walmart Neighborhood Market to open at Villa Monaco

BY Katherine Boccaccio

Denver — Brixmor Property Group said that Walmart Neighborhood Market will open a 55,669-sq.-ft. store at Villa Monaco, located in Denver.

The addition of this market will revitalize the shopping center, said Brixmor, attracting new retailers, restaurants and services to the center, and providing the community residents a convenient place to shop within their own neighborhood.

In conjunction with Walmart’s opening, Brixmor will be redeveloping the shopping center, including a new façade, enhanced lighting, and parking lot improvements with total spending of over $3.5 million.

Brixmor has 28 Walmart-branded stores encompassing more than 3.5 million sq. ft. throughout its nationwide portfolio of shopping centers.

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REAL ESTATE

Combined Properties names development/acquisitions lead

BY Katherine Boccaccio

Washington, D.C. — Combined Properties announced that Scott Kend has joined the company as senior director of development & acquisitions, charged with leading Combined’s efforts to acquire new value-add retail shopping centers and mixed-use development projects on the West Coast.

Kend will also be responsible for redeveloping portions of Combined’s portfolio of retail centers in the Southern California region, as well as working on its mixed-use developments.

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