REAL ESTATE

Swinehart named CFO at RPAI

BY Al Urbanski

Retail Properties of America has promoted Julie M. Swinehart to the positions of executive VP, chief financial officer, and treasurer. She previously was chief accounting officer.

Swinehart had worked at the prestigious accounting firms of Arthur Andersen and Deloitte & Touche before joining RPAI’s accounting department in 2008. In subsequent years, she rose to senior VP/corporate controller and then to chief accounting officer.

“Julie has been a tremendous asset to the company for the last 10 years, and I could not be more pleased to announce her promotion,” stated Steve Grimes, president and chief executive officer.

Swinehart’s new role will include the oversight and execution of all of RPAI’s financial activities, including internal and external reporting, capital markets, investor relations, internal audit and treasury.

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West Elm in Canadian expansion

BY Marianne Wilson

A division of Williams-Sonoma is expanding its footprint north of the border.

The home furnishings retailer will open its second Toronto store, in the Yonge-Eglinton neighborhood, on Thursday, Feb. 15 at 10 a.m. The 16,295-sq.-ft. store will support seven Toronto-based makers and designers, offering customers an array of locally made products alongside the brand’s assortment of home furnishings and décor.

The store will also offer Williams-Sonoma’s cross-brand design consultation program Design Crew, which pairs customers with experts who can provide design and installation services. The new location comes three months after the launch of Williams-Sonoma’s e-commerce websites in Canada.

Each West Elm location features design details inspired by the local architecture and landscape. The cash-wrap at West Elm North Toronto is inspired by the waterfront view of Toronto and depicted in a hand-painted art panel of the skyline featuring iconic local landmarks and historic buildings alongside modern skyscrapers. A mirror image of the skyline sits beneath it in front of the cash-wrap, paying homage to Lake Ontario.

West Elm operates more than 100 stores as well as e-commerce websites in the United States, Australia, Canada and the U.K., ships internationally to customers around the world, and has unaffiliated franchisees that operate stores in the Middle East, Philippines and South Korea, and stores and e-commerce websites in Mexico.

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Discounter’s grocery concept opens in Orlando

BY Deena M. Amato-McCoy

A Walmart Neighborhood Market has joined one of Orlando, Florida’s newest retail centers.

The grocery concept store, which is 43,865 sq. ft., opened its doors at the Landstar Marketplace retail center in Orlando. Developed and managed by Deerfield Beach-based Konover South, LLC, the retail center is 62,243 sq. ft. of retail space.

The Landstar Marketplace also includes 18,378 sq. ft. of inline retail, plus two stand-alone outparcels. Anytime Fitness, Arby’s, Landstar Dental, and T-Mobile, among others, are slated to begin opening in March, according to Konover South.

R.A. Rogers Construction Company, Altamonte Springs, is the general contractor, and the center was designed by Cuhaci & Peterson Architects, based in Orlando. Kimley-Horn, also in Orlando, serves as the project civil consultant.

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