REAL ESTATE

Simon promotes Andrew Juster to CFO

BY Michael Fickes

Indianapolis — Simon Property Group has announced that Andrew Juster, a 25-year Simon veteran, will move up to the post of CFO in early 2015, succeeding retiring CFO Stephen E. Sterrett. Juster has served as Simon’s treasurer since 2000, managing the company’s capital market activities, implementing its corporate financing strategy, maintaining banking and lending relationships, leading the treasury function and managing Simon’s relationships with rating agencies.

Brian McDade, senior VP, capital markets, who has been with Simon for 10 years, will become Simon’s treasurer.

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REAL ESTATE

Chipotle to Ohio Valley Mall in St. Clairsville, Ohio

BY Michael Fickes

Youngstown, Ohio — Chipotle Mexican Grill will debut at the Ohio Valley Mall in St. Clairsville, Ohio, in November. It will be the first Chipotle in the Ohio Valley region. The restaurant’s 2,195-sq.-ft. space is in a building currently undergoing renovation. Two other new merchants, to be announced in the near future, will join Chipotle in the building.

Cafaro affiliated companies own and manage the recently renovated Ohio Valley Mall.

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REAL ESTATE

Dear Rivington re-los to Manhattan’s NoHo district

BY Michael Fickes

New York — Dear Rivington, a designer fashion boutique selling clothing, eyewear, pottery and jewelry, has signed a lease to relocate to a new location in the NoHo district of Manhattan’s Lower East Side. The 3,300-sq.-ft. store features 2,000 sq. ft. of ground floor space with high ceilings and a skylight. The 1,300-sq.-ft. lower level has also been fitted out for retail and not just storage.

The distinctive storefront features oversized barn style doors that give the store a private feel.

Winick Realty Group represented Dear Rivington, which plans to open in October. Daizy Realty represented the landlord, DIB Management.

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