REAL ESTATE

Tory Burch to open at Santa Monica Place

BY CSA STAFF

Santa Monica, Calif. Tory Burch, as well as Ben Bridge Jeweler and Charles David, will open at the new Santa Monica Place, the three-level, open-air shopping and dining destination now under construction just two blocks from the beach in Santa Monica, Calif.

The project is scheduled to debut on Aug. 6.

The three newest retail commits will be located on the property’s first level.

In addition to a new Bloomingdale’s and a new Nordstrom, retailers already signed on for the project include Burberry, Kitson, Nike, CB2, Juicy Couture, Hugo Boss, Michael Kors, Ted Baker, AllSaints Spitalfields, 7 For All Mankind, BCBGMAXAZRIA, Coach, Ed Hardy, True Religion, Joe’s Jeans, Swarovski, Love Culture, Angl, Bernini, Michael Brandon, Eva Varro, Solstice Sunglass Boutique and Arthur, as well as Artevo, a technology-driven art gallery.

Santa Monica Place’s parent company Macerich is headquartered in Santa Monica.

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REAL ESTATE

Developers Diversified names interim CFO

BY CSA STAFF

Beachwood, Ohio Developers Diversified Realty Corp. announced late Tuesday that it has named David J. Oakes as interim CFO of the company, replacing William H. Schafer who is departing effective Feb. 15.

According to the company, a search for a permanent replacement is ongoing. Schafer’s departure is not related to Developers Diversified’s financial or operating results, nor to any disagreements or concerns regarding the company’s financial or reporting practices, according to president and CEO Daniel B. Hurwitz.

Oakes will serve as interim CFO in addition to his regular duties as senior executive VP finance and CIO. He has been with the company since 2007 and has served in increasing roles of responsibility.

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REAL ESTATE

Alfred Angelo, Life is Good to open at Short Pump Station

BY CSA STAFF

Richmond, Va. Divaris Real Estate said Wednesday that Alfred Angelo and Life is Good have leased space in the Divaris-leased Short Pump Station located in Henrico County, Va.

AA Bridal LLC, doing business as Alfred Angelo, will occupy 4,440 sq. ft. in the lifestyle center. Jake & Friends LLC, trading as Life is Good, has leased 1,600 sq. ft.

Trader Joe’s specialty grocery anchors the 91,369-sq.-ft. Short Pump Station. Other tenants include Ulta Cosmetics, Five Below, Petco, Longhorn Steakhouse, Omaha Steaks and Vitamin Shoppe.

Alfred Angelo is a 68-unit retail chain specializing in custom wedding apparel and formalwear. Life is Good is a gift, clothing and accessory retailer whose original flagship store on Newbury Street in Boston has been joined by 130 dedicated shops and retailers nationwide.

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