REAL ESTATE

Stirling to develop Walgreens in Ruston, La.

BY CSA STAFF

Covington, La. Stirling Properties said Wednesday it is developing a full-service Walgreens in Ruston, La.

The store is slated to open in third quarter 2010 with construction to begin this fall. Plans for the store call for 13,650 sq. ft. of retail space with a single-lane drive-through pharmacy window.

Construction is currently under way on four additional Walgreens stores in Lafayette, Kenner, Meraux and Denham Springs, La., with anticipated openings in late 2009 or early 2010.

Stirling Properties is the preferred developer for Walgreens in the Gulf South with the Ruston store being the 21st store Stirling has developed for the retailer.

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REAL ESTATE

Anthropologie to open at The Shops at The Bravern

BY CSA STAFF

Bellevue, Wash. Schnitzer West said Tuesday that Anthropologie will open a store in The Shops at The Bravern when the center opens Sept. 12.

The Bravern Anthropologie store will open in 10,700 sq. ft. The Shops are currently under construction and scheduled to open this September as part of the 1.6 million sq. ft. mixed-use development at the gateway to downtown Bellevue, Wash.  

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Kite Realty announces team members

BY CSA STAFF

Indianapolis Kite Realty Group said Tuesday it has named W.V. “Bud” Moll, Jr. as executive VP leasing. Moll will lead the Kite leasing department and be responsible for all operating properties and projects in the development/redevelopment pipeline.

In total, these properties are comprised of more than 70 separate assets.

Kite has also appointed Jeff Wright to the position of assistant VP. Wright will serve as a member of the Indianapolis-based leasing team.

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