REAL ESTATE

Transwestern names property management exec

BY Katherine Boccaccio

Atlanta — Transwestern’s Atlanta office announced Thursday that Russell Lipscomb has been promoted to SVP of property management services.

In his new role, Lipscomb will expand his oversight into business development initiatives and engage in new pursuits to further expand Transwestern’s footprint throughout the Southeast. He will continue to direct a team of 43 property management professionals and provide oversight for all Atlanta-based property management assignments.

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REAL ESTATE

Jones Lang LaSalle closes sale of Myrtle Beach open-air portfolio

BY Katherine Boccaccio

Myrtle Beach, S.C. — Jones Lang LaSalle said Thursday it has closed the sale of Windy Hill Shopping Center and North Village Center on behalf of Equity One.

America’s Realty purchased the two adjacent shopping centers totaling 128,821 sq. ft. and anchored by Roses, Goodwill, Dollar General and Cititrends.

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REAL ESTATE

KeyPoint Partners adds three management, one leasing assignment

BY Katherine Boccaccio

Burlington, Mass. — KeyPoint Partners said it has added three Massachusetts retail properties to its portfolio that include property management and leasing assignments.

The firm has been awarded property management contracts for 1080 Route 28, South Yarmouth and 978 Boylston Street, Newton; and property management and leasing contracts for Treble Cove Plaza, Billerica. Marathon Realty awarded the contract.

The 1080 Route 28 property is an Ocean State Job Lot location in South Yarmouth, and 978 Boylston Street is a CVS location in Newton. Treble Cove Plaza is an 114,000-sq.-ft. shopping center in Billerica which is anchored by a Market Basket supermarket. Other tenants include Starbucks, Supercuts, Sally Beauty, Hollywood Tans, and Joann Fabrics.

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