REAL ESTATE

RKF expands headquarters office

BY Michael Fickes

New York— RKF has announced that it will lease the entire seventh floor of 521 Fifth Avenue in midtown Manhattan. CBRE and Platte, Klarsfeld, Levine & Lachtman advised RKF on the lease expansion.

With the expansion RKF will occupy 20,987 sq. ft., roughly 30% more space than the current lease. The expansion will enable the firm to increase its ranks by 25%.

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REAL ESTATE

Carrabba’s inks deal for Venice, Florida, restaurant

BY Michael Fickes

Venice, Fla. — Carrabba’s Italian Grill has signed a long-term ground lease for a 1.31-acre outparcel in the parking lot of the Lowe’s Home Improvement store in Venice, Florida. Carrabba’s plans to begin the construction of a new restaurant immediately, with the grand opening slated for late this year.

RMC Property Group owns the outparcel, having recently purchased it from Lowe’s. RMC created the outparcel by carving out a portion of the existing Lowe’s parking field. The development of the outparcel was a complex process that required entitling the outparcel through Sarasota County and obtaining modifications to several reciprocal easement agreements that encumbered the property.

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News

McCain Foods taps new president, North America

BY CSA STAFF

McCain Foods has appointed Jeff DeLapp as president, North America, effective June 2. DeLapp takes over the role from Frank van Schaayk, who is retiring next October, and will be based in Lisle, Ill.

DeLapp has more than 25 years of leadership experience in the food industry. He was president of Lamb Weston from 2002 to 2010. Prior to joining Lamb Weston, he was president and COO at The Bruss Company (acquired by Tyson Foods).

"Jeff’s passion, expertise in and dedication to the potato industry will be of great value to McCain," said president and CEO Dirk Van de Put. "He will be a tremendous asset to both our business and our senior leadership team."

DeLapp has a bachelor of science in marketing from the University of Oregon and a master of business administration from the Kellogg School of Management, Northwestern University.

McCain Foods is an international leader in the frozen food industry, employing more than 20,000 people and operating 50 production facilities on six continents. A privately-owned company headquartered in Florenceville-Bristol, NB, and Toronto, McCain generates annual sales of about CDN$7 billion. McCain is the world’s largest manufacturer of frozen potato products, and also produces other products including pizza, appetizers, desserts and vegetables.

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