\r\n \r\nMost recently, Thurston held the title of senior associate in the New Jersey office. He began his career at Marcus & Millichap in 1999 as the regional manager of the New Jersey office.
","showSummary":null,"url":"/real-estate/marcus-millichap-announces-promotion-9","date":"2012-08-08T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Vitamin Shoppe sees profits rise 40% in Q2; to open 50-plus stores in 2012","id":11851,"bundle":"article","summary":"
Bergen, N.J. -- Vitamin Shoppe Inc. reported Tuesday that net income for the second quarter surged 38.8% to $16.6 million, compared with $12 million in the year-ago period and marking the third straight quarter of profit increases.
\r\n
Revenue rose 13.4% to $245 million, beating Wall Street’s expected $241.8 million in revenue.
\r\n
The company said it is on track to open 52 stores in fiscal 2012.
","showSummary":null,"url":"/real-estate/vitamin-shoppe-sees-profits-rise-40-q2-open-50-plus-stores-2012","date":"2012-08-07T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Shopping center space in Europe to expand 25% in 2012","id":11870,"bundle":"article","summary":"
London -- New shopping center development in Europe is expected to increase by a quarter in 2012 to meet retailer demand for modern, high quality retail space, according to the latest research by global property adviser CBRE.
\r\n
Turkey is the most active market, accounting for one-third of new space delivered in the first half of the year. This is some way ahead of Germany, with Italy and Poland just behind.
","showSummary":null,"url":"/real-estate/shopping-center-space-europe-expand-25-2012","date":"2012-08-06T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"CBL breaks ground on The Crossings at Marshalls Creek","id":11867,"bundle":"article","summary":"
CHATTANOOGA, Tenn. -- CBL & Associates Properties announced that construction has started on The Crossings at Marshalls Creek, a 103,000-sq.-ft. shopping center development in Stroudsburg (Middle Smithfield), Pa. \r\n \r\nThe shopping center will be anchored by Price Chopper grocery, Rite Aid, STS Tire and Auto Centers and Family Dollar and will feature approximately 22,000 sq. ft. of stores and restaurants. The grand opening is scheduled for June 2013. \r\n
","showSummary":null,"url":"/real-estate/cbl-breaks-ground-crossings-marshalls-creek","date":"2012-08-06T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Report: U.S. shopping-center industry posts healthy Q2 net income gain","id":11869,"bundle":"article","summary":"
New York -- Total operating income of all shopping centers on a square-foot basis in the second quarter of 2012 rose 4.9% from the same quarter last year, while operating expenses rose by a larger 5.8%, according to a new quarterly shopping-center benchmarking report from The National Council of Real Estate Investment Fiduciaries (NCREIF) and the International Council of Shopping Centers (ICSC).
","showSummary":null,"url":"/real-estate/report-us-shopping-center-industry-posts-healthy-q2-net-income-gain","date":"2012-08-06T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Calla Lily Salon opens at Plymouth Meeting Mall","id":11895,"bundle":"article","summary":"
Plymouth Meeting, Pa. -- Philadelphia-based Pennsylvania Real Estate Investment Trust said that Calla Lily Salon recently opened a 1,529-sq.-ft. hair salon at Plymouth Meeting (Pa.) Mall. \r\n \r\nCharming Charlie opened at the mall in July. \r\n \r\nPlymouth Meeting Mall is anchored by Macy’s, Boscov’s, and Whole Foods Market and Café. \r\n
","showSummary":null,"url":"/real-estate/calla-lily-salon-opens-plymouth-meeting-mall","date":"2012-08-02T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Five Guys opens at Streets of St. Charles","id":11892,"bundle":"article","summary":"
St. Charles, Mo. -- Peoria, Ill.-based Cullinan Properties said that Five Guys Burgers and Fries has opened has opened at the Streets of St. Charles, located in St. Charles (St. Louis), Mo. – the burger brand’s first in the county. \r\n \r","showSummary":null,"url":"/real-estate/five-guys-opens-streets-st-charles","date":"2012-08-02T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Two eateries join NewPark Mall","id":11889,"bundle":"article","summary":"
Newark, Calif. -- NewPark Mall in Newark, Calif., announced the upcoming addition of two new food court eateries: Taqueria La Tita and Crepe Bar are slated to open in August. Taqueria La Tita will open in 613 sq. ft. and La Crepe will measure 666 sq. ft. \r\n \r\nNewPark Mall is anchored by Macy's, Sears, J.C. Penney and Burlington Coat Factory. \r\n
","showSummary":null,"url":"/real-estate/two-eateries-join-newpark-mall","date":"2012-08-02T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Big Lots to anchor Bayshore Plaza","id":11893,"bundle":"article","summary":"
Barnegat, N.J. -- North Plainfield, N.J.-based Levin Management Corp. said that Big Lots is slated to open a new anchor store at Bayshore Plaza in Barnegat, N.J., in August. \r\n \r\nThe 31,612-sq.-ft. store will fill a space formerly occupied by A&P. \r\n \r\nAdditional tenants include McDonald’s, AT&T Wireless, Barnegat Pharmacy, and a mix of local restaurants and services. \r\n \r\nLevin serves as leasing and managing agent for Bayshore Plaza. \r\n
Bergen, N.J. -- Vitamin Shoppe Inc. reported Tuesday that net income for the second quarter surged 38.8% to $16.6 million, compared with $12 million in the year-ago period and marking the third straight quarter of profit increases.
Revenue rose 13.4% to $245 million, beating Wall Street’s expected $241.8 million in revenue.
The company said it is on track to open 52 stores in fiscal 2012.
London -- New shopping center development in Europe is expected to increase by a quarter in 2012 to meet retailer demand for modern, high quality retail space, according to the latest research by global property adviser CBRE.
Turkey is the most active market, accounting for one-third of new space delivered in the first half of the year. This is some way ahead of Germany, with Italy and Poland just behind.
CHATTANOOGA, Tenn. -- CBL & Associates Properties announced that construction has started on The Crossings at Marshalls Creek, a 103,000-sq.-ft. shopping center development in Stroudsburg (Middle Smithfield), Pa.
The shopping center will be anchored by Price Chopper grocery, Rite Aid, STS Tire and Auto Centers and Family Dollar and will feature approximately 22,000 sq. ft. of stores and restaurants. The grand opening is scheduled for June 2013.
New York -- Total operating income of all shopping centers on a square-foot basis in the second quarter of 2012 rose 4.9% from the same quarter last year, while operating expenses rose by a larger 5.8%, according to a new quarterly shopping-center benchmarking report from The National Council of Real Estate Investment Fiduciaries (NCREIF) and the International Council of Shopping Centers (ICSC).
Plymouth Meeting, Pa. -- Philadelphia-based Pennsylvania Real Estate Investment Trust said that Calla Lily Salon recently opened a 1,529-sq.-ft. hair salon at Plymouth Meeting (Pa.) Mall.
Charming Charlie opened at the mall in July.
Plymouth Meeting Mall is anchored by Macy’s, Boscov’s, and Whole Foods Market and Café.
St. Charles, Mo. -- Peoria, Ill.-based Cullinan Properties said that Five Guys Burgers and Fries has opened has opened at the Streets of St. Charles, located in St. Charles (St. Louis), Mo. – the burger brand’s first in the county.
Newark, Calif. -- NewPark Mall in Newark, Calif., announced the upcoming addition of two new food court eateries: Taqueria La Tita and Crepe Bar are slated to open in August. Taqueria La Tita will open in 613 sq. ft. and La Crepe will measure 666 sq. ft.
NewPark Mall is anchored by Macy's, Sears, J.C. Penney and Burlington Coat Factory.
Barnegat, N.J. -- North Plainfield, N.J.-based Levin Management Corp. said that Big Lots is slated to open a new anchor store at Bayshore Plaza in Barnegat, N.J., in August.
The 31,612-sq.-ft. store will fill a space formerly occupied by A&P.
Additional tenants include McDonald’s, AT&T Wireless, Barnegat Pharmacy, and a mix of local restaurants and services.
Levin serves as leasing and managing agent for Bayshore Plaza.