REAL ESTATE

Target to open store in East Peoria, Ill.

BY Staff Writer

Minneapolis — Target Corp. said it will open a store in East Peoria, Ill., in March 2013.

The store will be part of the 86-acre East Peoria Downtown development. This will be the first Target store in East Peoria.

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REAL ESTATE

CBL names CFO, promotes Reinsmidt

BY CSA STAFF

Chattanooga, Tenn. — CBL & Associates Properties announced that Farzana Mitchell has succeeded John Foy as CFO.

Foy will remain in the near term as executive vice chairman to provide continuity through the transition.

In addition, the CBL board announced that Katie Reinsmidt has been promoted to the new position of senior VP – investor relations and corporate investments.

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Burberry, Tag Heuer to open at Westfield Valley Fair

BY Staff Writer

Santa Clara, Calif. — Burberry, Tag Heuer and Wolford will join Westfield Valley Fair’s collection of luxury retailers, marking the debut of the South Bay shopping center’s first phase of significant expansion.

The new stores will join Cartier, Mont Blanc, Louis Vuitton and Tiffany & Co. on the east side of Westfield Valley Fair.

The expansion of high-end retailers will take place over the next year, starting with Wolford –an Austrian company that creates women’s clothing, lingerie, hosiery and accessories – now open. Mont Blanc has just completed a major renovation, and Tiffany & Co. will be opening a new store near the entrance to Nordstrom on Sept. 21.

Current tenants at Westfield Valley Fair include Cartier, Tory Burch, CH Premier, Michael Kors, Nordstrom, Macy’s, Macy’s Men’s and Home, Williams-Sonoma and Pottery Barn.

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