REAL ESTATE

Mid-America Real Estate-Wisconsin names new partners

BY Staff Writer

Milwaukee — Mid-America Real Estate-Wisconsin announced the promotion of VPs Tony Colvin and Adam Dreier to principals.

Colvin joined Mid-America Real Estate as a broker associate in January 2001 and, too date, has brokered over 1.2 million sq. ft. of retail space for a total transaction value of over $186 million. Dreier has been with Mid-America Real Estate since February 2002 as a broker associate. To date, he has brokered over 1 million sq. ft. of retail space, for a total transaction value of over $212 million.

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REAL ESTATE

Walmart Supercenter opens after eight years in the making

BY Katherine Boccaccio

Baltimore, Md. — New York City-based Brixmor Property Group said Walmart Supercenter at Liberty Plaza, in Randallstown (Baltimore), Md., grand-opened on Oct. 17 in 160,908 sq. ft.

Brixmor said that discussions with Walmart for the development of this supercenter began as early as 2004, as redevelopment efforts paved the way for the retailer.

Brixmor invested over $16 million in developing the Walmart building and upgraded the entire physical plant of the property including adding a new façade, lighting, landscaping and signage. The Walmart Supercenter includes full-line groceries, a drive-through pharmacy with two lanes, a vision center and a hair salon.

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REAL ESTATE

Ross to open urban store in mixed-use center

BY Katherine Boccaccio

Peoria, Ill. — Cullinan Properties Group, developer of the East Peoria (Ill.) Downtown development, said Friday that Ross Dress for Less will open a 25,000-sq.-ft. junior-anchor store at the mixed-use project, joining previously announced Target, Costco, Ulta and Gordman’s.

Red Robin Gourmet Burger will open a 4,001-sq.-ft. restaurant and dental chain Heartland Dental Care will open in a 2,700-sq.-ft. space.

The East Peoria Downtown Center is scheduled to open March 2013, and will feature – besides a newly expanded downtown district – a 137-room Holiday Inn and Conference center, a 32,000-sq.-ft. library, and a Hometown Community Bank.

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Feb-16-2013 06:41 pm

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M.Mirevski says:
Feb-16-2013 06:41 pm

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