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Retailers Adding More Online Shopping Reps as Part of Seasonal Workforce Hiring
When most job seekers consider seasonal retail jobs, they think of crowded stores of holiday shoppers, but more retailers this year are also looking to staff up their online customer service centers, and even home-based workers, to handle the expected...

Developer of Toronto's Tallest Residential Tower Confirms Plans to Include Luxury Hotel
Rendering Courtesy of Foster + Partners The developer behind what would be the tallest residential building in Canada has decided to scale back plans for 10 floors of retail and bring in a luxury hotel, CoStar News can report. Sam Mizrahi, president...

Brookfield Proposes to Acquire GGP for $14.8 Billion
Brookfield Property Partners LP (NYSE:BPY) (TSX:BPY.UN) has made a non-binding proposal to acquire GGP Inc. (NYSE:GGP) beyond the 34% it already owns. Brookfield would pay $23/share payable in cash and stock at a total value of $14.8 billion. The...

Cushman & Wakefield Engages Malitz as Director of Retail Brokerage in Brooklyn
Cushman & Wakefield has hired Adam Malitz as its director of retail brokerage for the Long Island submarkets. Based in the firm's Brooklyn, NY office, Malitz will work alongside Betty Castro, managing principal and market leader for Brooklyn and Queens...

Lee & Associates NYC Hires Salmon as Executive Managing Director
Mitchell Salmon has joined Lee & Associates as an executive managing director with the retail and office leasing teams. Based in the firm's New York City office, Salmon will also participate in asset management and acquisitions. Salmon brings more...

Singerman Real Estate Buys 468,000-SF The Shoppes at Grand Prairie in Peoria
Chicago-based real estate investment firm Singerman Real Estate has struck a deal with Skokie, IL-based Miller Capital Advisory to acquire The Shoppes at Grand Prairie, a 468,127-square-foot lifestyle center located in the southwest Chicago suburb of...

Closing of Weakest Stores by Retailers Ultimately Expected to Benefit US Shopping Center Performance
Developers of mixed-use projects such as Sunnyvale Town Center in Silicon Valley, which will include 900,000 square feet of new shopping space, are hoping to tap into continued demand for newer high-end retail properties. The U.S. national retail vacancy...

Downtown LA Mixed-Use Pipeline Booming
The $1 billion, mixed-use development project at Oceanwide Plaza will include luxury residential, an open-air galleria with retail and restaurant space, and the first Park Hyatt Hotel and Residences on the West Coast. Three developments currently under...

Older Shopping Centers Targeting Non-Traditional Tenants
Broker Bill Reichel, president and owner of Reichel Realty & Investments, Inc. of Palm Beach Gardens, FL, could see the writing on the wall. The leasing manager for Nassau Square shopping center, at 75677-7781 Lake Worth Rd. in suburban Lake Worth...

Panera Acquiring Au Bon Pain Under Aggressive New Expansion Initiative
Panera Bread has reached an agreement to acquire Au Bon Pain Holding Co., the Boston-based bakery-cafe chain of 304 units which was started by the founders of Panera Bread. The deal marks a new strategy for St. Louis-based Panera, which itself was...

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