REAL ESTATE

Wilder Cos. announces hirings, promotions

BY CSA STAFF

Boston — The Wilder Cos. announced several new hires, including Howard A. West II, who joins the company as asset manager to assist in monitoring various properties’ financial and operating performance, act as a liaison to ownership groups on management and reporting issues, provide assistance on property acquisitions, and oversee daily operations for various shopping centers throughout the portfolio.

Diane E. Lichauer was named general manager for Settlers Ridge, a 500,000-sq-ft. shopping center in Pittsburgh that Trademark added to its management/leasing portfolio in December 2010.

Alison Galgay was promoted to senior leasing representative, focusing on specialty centers, urban properties and mixed-use developments within the Wilder portfolio.

Ryan Feinberg was promoted to leasing and marketing associate for Wilder. Based in the company’s Boston office, Feinberg will assist in all facets of retail leasing, trade show coordination and social media efforts.

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REAL ESTATE

Shoppers World to open at Northern Lights Shopping Center

BY CSA STAFF

Columbus, Ohio — Tarrytown, N.Y.-based DLC Management Corp. said that Shoppers World has signed a lease at Northern Lights Shopping Center in Columbus, Ohio. The 40,805-sq.-ft. apparel/variety merchandise retailer signed an eleven year lease and will join a dominant tenant lineup at this 361,000-sq.-ft. shopping center including Kroger, Marshall’s, Sears Outlet, and Citi Trends.

Shoppers World is expected to open in the summer.

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REAL ESTATE

Muska Milano to open on Madison Avenue

BY CSA STAFF

New York City — Prudential Douglas Eilliman’s Retail Group announced that in less than two weeks after arranging the sale of a multi-level retail condominium at 1086 Madison Avenue, the retail sales and leasing team of Faith Hope Consolo, chairman, and Joseph Aquino, executive VP, have leased the boutique space to luxury handbag and accessories importer Muska Milano.

The 1,200-sq.-ft. store, which is located between 81st and 82nd Streets, features approximately 400 sq. ft. at ground level with a 100-sq.-ft. mezzanine, plus a 700-sq.-ft. lower level space.

While the sales price represented one of the highest amounts paid for a retail condominium on the Upper East Side, the long-term Muska Milano lease is starting at a market rate of approximately $500 per square foot.

Muska Milano already has six stores in key locations throughout Manhattan.

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