Hoag and Tausk to lead tenant representation at Mid-America
Mid-America Real Estate Corporation has tapped partners Willie Hoag and Dan Tausk to lead its 18-person tenant representation division, which handles both national and regional retailers.
Hoag has long experience with the suburban markets of Chicago and downstate Illinois, where he has coordinated efforts for mid-box and small shop retail tenants alike new to the market. In addition, he is the master broker directing national site selection for medical-retail tenants. LA Fitness and Aspen Dental are two of his longtime clients.
Tausk is expert in retail opportunities in diverse urban neighborhoods and the near surrounding suburbs. He started the Mid-America Medical Retail Division in 2014 which, with the help of Hoag, has grown in revenue each year since inception.
Hoag and Tausk are tasked with pursuing new-to-market Chicagoland entries in emerging retail lines such as entertainment and food and beverage, as well as medical. They will also work in conjunction with Mid-America’s offices in Milwaukee, Detroit, and Minneapolis.
Target to expand New York City footprint
Target upping its presence in the New York market.
The discounter announced plans to open three two small-format stores in New York City in 2019, with locations in Manhattan and Staten Island, and one in 2022, in Queens. The sites are in addition to previously announced stores due to open this summer in Manhattan’s East Village and Lower East Side, along with one in the city’s Hell’s Kitchen neighborhood in 2019.
Target has said it expects to have 130 small-format stores up and running by the end of 2019. The newly announced New York locations include the following:
• An approximate 22,600-sq.-ft. on the Upper East Side of Manhattan;
• An approximate 46,000-sq.-ft. store in the Forest Avenue Plaza on Staten Island;
• An approximate 47,000-sq.-ft. store in Astoria, Queens.
Schaul rejoins CBRE in Miami
Drew Schaul, one of the leading retail real estate professionals in the Miami market, has returned to CBRE after a seven-year stint at Robert K. Futterman & Associates.
At RKF, Schaul was the exclusive representative for Brooks Brothers, Allen Edmonds, Steve Madden, and ECI. Some of his recent placements were a 28,000-sq.-ft. space for Braves Live! at The Battery at Sun Trust Park in Atlanta and Steve Madden’s new locations in Times Square and Brooklyn.
Schaul guided a team that completed more than $430 million in investment sales transactions in 2015 and 2016, primarily in the emerging Miami retail submarkets of Wynwood and the Design District.
“Drew’s established track record, multimarket expertise and national industry relationships add extraordinary value to our ability to serve our clients in South Florida,” said Arden Karson, senior managing director of CBRE South Florida.
Schaul has also represented H&M, Luxottica, and Xfinity throughout Florida.