REAL ESTATE

Retail real estate services firm well positioned for continued growth

BY Melonie Messina

North Plainfield, N.J. — Levin Management announced a series of promotions and new hires to support continued growth and expansion in 2016.

“This is an exciting time for our company,” noted Matthew K. Harding, president for Levin. “We ended 2015 on a very positive note, and expect this momentum to continue throughout 2016. Our internal promotions and new staff additions ensure that we will consistently meet, and exceed, client expectations as we strengthen Levin’s presence in key markets throughout the Northeast.”

• Joseph Lowry, formerly VP of acquisitions and business development, has been promoted to senior VP of leasing and acquisitions. In his expanded role, Lowry will assume leadership of Levin’s leasing department while continuing to oversee the company’s new business development and acquisitions efforts.

• Paul Tavaglione has been promoted to the newly created position of deputy CFO. Tavaglione joined Levin in 2001 as controller, and in his new role will provide additional expertise and assistance to the accounting and lease administration departments.

• Jeff Sinacore has joined Levin as controller. Sinacore will be responsible for enhancing and maintaining Levin’s systems of internal quality control.

• Joanne Grossman has joined the team as lease administrator. She brings related experience from her previous position with A&P.

• Sheri Bhirdo has been promoted, from leasing department administrator to marketing and business development coordinator/analyst. In this position, Bhirdo will actively support Levin’s expanding marketing and business development activity.

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REAL ESTATE

CBL announces second phase of Fisher-Price play area installations

BY Melonie Messina

Chattanooga, Tenn. — CBL & Associates Properties announce locations for the second phase of Fisher-Price play areas to be installed as part of a multi-year, multi-property partnership, which was announced fall 2015.

The play areas will resemble a larger-than-life Toy Box featuring iconic brands like Thomas & Friends, Little People and more. These exclusive attractions will be brought to life by PLAYTIME, LLC, long-time partner of CBL.

“The Toy Box play areas we opened last year were a huge success,” said Stephen Lebovitz, president and CEO of CBL. “We’re excited to expand this program and give more families the opportunity to connect with these well-loved brands and create lasting memories in our shopping centers.”

In spring 2016, Toy Box play areas will be unveiled at Coastal Grand Mall in Myrtle Beach, South Carolina, Hanes Mall in Winston-Salem, North Carolina, Mall Del Norte in Laredo, Texas and South County Center in St. Louis.

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REAL ESTATE

Inland honored as one of InformationWeek’s Elite 100

BY Melonie Messina

Oak Brook, Ill. — Inland Real Estate Investment Corp. has been named a finalist of this year’s InformationWeek Elite 100, a list of the top business technology innovators in the U.S. Inland Investments has also been selected as a finalist for a Business Innovator award in the category of Cloud Services.

InformationWeek, a leading publication for the business information technology industry, selects 100 corporations for the InformationWeek Elite 100 each year. Additionally, the publication awards businesses that have made great strides in using technology to enhance business operations. The 28th annual InformationWeek Elite 100 program, “How to Build a World-Class IT Enterprise – A Celebration of the InformationWeek Elite 100,” spotlights the power of business technology innovation by researching and tracking technology-based investments, strategies and results of some of the best-known organizations in the country.

“We are thrilled that Inland Investments is being recognized for our development of the ISight database and for the innovative way our property management and securities sales functions are using voice recognition technology,” said Mitchell Sabshon, president and CEO of Inland Real Estate Investment Corporation. “This new program incorporates all of our property management and sales data in a single database to provide management with a broad range of reports for the guidance of our various business activities and long-term strategic goals.”

ISight is a centralized data warehouse that aggregates data from the numerous, individual business entities and affiliates that are part of The Inland Real Estate Group of Companies, Inc. (“Inland”). Operating on a feature-rich platform that combines three presentation components – audio-based intelligence, mobile capability and graphical desktop dashboards – ISight provides a central source from which executives can review and execute on operational data in any location, at any time. ISight provides executives from the various Inland entities the ability to make better strategic, tactical and effective decisions based on accurate real-time data across the three different components.

“This award underscores the tremendous effort and collaboration between Inland’s IT department and Inland Investments to align the company’s business goals and strategy through the use of technology,” said Chong Huan, chief information officer of The Inland Real Estate Group of Companies, Inc.

The rankings of the Elite 100 best-in-class organizations and Business Innovator award winners will be unveiled at the InformationWeek Elite 100 Conference and Awards Dinner and Gala on May 2-3, 2016, in Las Vegas. Additional details on the InformationWeek Elite 100 can be found online at Conference.informationweek.com/elite100-winners.

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