REAL ESTATE

Office Depot debuts LEED for Commercial Interiors registered store

BY CSA STAFF

Boca Raton, Fla. Office Depot said Thursday that its first Leadership in Energy and Environmental Design (LEED) for Commercial Interiors (CI) registered store will open July 15 in Austin, Texas. The office supply retailer said the store is expected to be LEED certified in a few months and is one of 14 greener stores planned for 2010.

LEED CI is the U.S. Green Building Council’s recognized system for certifying high-performance green interiors that are healthy, productive places to work; are less costly to operate and maintain; and have a reduced environmental footprint.

Through LEED for Commercial Interiors, Office Depot is able to integrate environmentally friendly attributes into its stores’ preexisting shells. Beginning with the Austin store, all new and relocated North American Office Depot retail locations will receive LEED CI certification, including 14 stores planned for 2010.

“LEED CI is a step forward in our expanded effort to grow greener,” said Kevin Peters, president of North American retail for Office Depot.

The company’s first LEED Gold certified store, also in Austin, opene in 2008.

Features of the new LEED CI store include skylights, reflective roof, Energy Star-rated HVAC equipment, T5 energy-efficient lighting, low VOC interior finishes, water conservation interior fixtures and in-store recycling center.

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REAL ESTATE

Hilco Real Estate announces auction of seven bank-owned properties

BY CSA STAFF

Northbrook, Ill. Hilco Real Estate announced that it will sell six land parcels, located in California, Louisiana and Nebraska, and a newly-renovated, 18,000 square foot fishing lodge in Alaska, through a sealed bid auction process. A bidding deadline of Aug. 28 has been set for all properties. Prospective buyers may submit bids on one, some, or all of the assets.

“The land parcels are ideal for retail, industrial, and/or residential/mixed-use development,” said Neil Aaronson, CEO of Hilco Real Estate. He added, “All of these properties are fundamentally strong and the portfolio offers bidders great diversity in terms of location and future development applications.  We feel there will be significant interest by developers, users and investors.”  

Geoffrey Schnipper, Sr. Project Manager for Hilco Real Estate, added “This sale has been structured to enable an orderly disposition of these assets in an accelerated timeframe.  Through cooperation with the unnamed bank seller, most of the due diligence work has already been completed.”  

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Coyote adds Rainbow to Temple Mall store line-up

BY CSA STAFF

Addison, Texas Coyote Management, L.P. announces the signing of apparel retailer Rainbow for Temple Mall, Temple, Texas.

The retailer will open a 5,121-sq.-ft. store next to Bath & Body Works this fall.

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