Forest City Earns LEED, Green Lease Leader and ENERGY STAR Recognitions

Cleveland — Forest City Realty Trust, Inc. has earned three significant sustainability recognitions from prominent organizations. Along with other real estate companies committed to green development and management, Forest City was named a: LEED Power Builder by the U.S. Green Building Council; Green Lease Leader by The Institute for Market Transformation (IMT) and The DOE's Better Buildings Alliance; and ENERGY STAR Charter Tenant Space recognition by the U.S. Department of Energy (DOE).

Safari Energy and PREIT Add Solar Rooftop to Maryland Mall

New York City — Safari Energy, a leading commercial and industrial solar developer, has inaugurated its solar rooftop system at Francis Scott Key Mall in Frederick, Md. The 2,056 kilowatt capacity project, which is now operational, is currently providing clean energy to power the Class A shopping destination, owned by PREIT, a leading real estate investment trust.

RD Management Hires New Chief Development Strategist

New York City — RD Management LLC, one of the nation’s largest privately held real-estate development and management organizations, has hired Christopher Bowen as chief development strategist to manage the redevelopment project of University Mall in Tampa, Fla. Bowen brings over 25 years of national commercial development experience.

Schostak Hires Operations Veteran as EVP & COO

Livonia, Mich. — Livonia Mich.-based Schostak Brothers & Company has hired Thomas W. Litzler as executive vice president and chief operating officer, according to CEO David Schostak. He joins the company from Brixmor Property Group.

PREIT Completes Anchor Improvements at Viewmont Mall

Philadelphia — PREIT has opened three new retailers at Viewmont Mall in Scranton, Pa., where the company recently recast its anchor mix. DICK'S Sporting Goods, Field & Stream and HomeGoods have opened within the space formerly occupied by Sears and proactively recaptured by PREIT.

Upper Canada Mall Plans $60 Million Redevelopment for 2018

Toronto — Oxford Properties Group plans to redevelop and expand the former Target location at Upper Canada Mall in Newmarket, Ontario (Canada). The redevelopment includes the introduction of a one-level, 64,000-square-foot Sport Chek location, a 40,000-square-foot first-to-market Food Market concept, a new two-level feature court space and a 35,000-square-foot vertical expansion. Construction officially commenced in February and the redevelopment is scheduled to open in 2018.

CBRE Group, Inc. Acquires Skye Group

Los Angeles — CBRE Group, Inc. has acquired Skye Group (Skye), a leading provider of retail project management, shopping center development and tenant coordination services in the U.S. and Canada. This acquisition enhances CBRE’s position in the retail market by bolstering its retail project management service offerings.

IKEA Canada Names Halifax Store Manager

Burlington, Ontario (Canada) — IKEA Canada has named Sue Coulet as the new IKEA Halifax store manager. Having held a variety of senior management roles in Atlantic Canada over the past two decades, including leading the expansion of two national retail chains in the region, Coulet brings to IKEA a deep understanding of the local marketplace.

NAS To Manage Texarkana, Texas, Shopping Center

Texarkana, Texas — National Asset Services (NAS), one of the country's leading commercial real estate companies, has been selected as the asset management company for a 56,427-square-foot portion of Richmond Ranch Shopping Center in Texarkana, Texas.

Northwood Retail Opens Regional Office in Charlotte, North Carolina

Charlotte, N.C. — Northwood Retail, LLC has expanded its North Carolina presence with the addition of a leasing and management office in Charlotte. The regional office will oversee operations at Blakeney, Blakeney Crossing and Latta Arcade in Charlotte, N.C., as well as support the leasing activity for Waverly Place in Cary, N.C. and Freshfields Village in Kiawah Island, S.C.

Brixmor Property Group Names CEO & President

New York City — The board of directors of Brixmor Property Group Inc. has named industry veteran James (Jim) M. Taylor as CEO and president. Taylor joins Brixmor with more than 20 years of experience in the commercial real estate industry. His appointment will become effective May 20, 2016 and he will join the company's board on June 16, 2016.

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