Content about Cuyahoga County, Ohio

August 7, 2012
TravelCenters of America Q2 profit jumps 37%

Truck-stop operator TravelCenters of America reported Tuesday that net income for the second quarter leaped 37% to $29.9 million, from $21.8 million in the year-ago period.

Westlake, Ohio -- Truck-stop operator TravelCenters of America reported Tuesday that net income for the second quarter leaped 37% to $29.9 million, from $21.8 million in the year-ago period.

Revenue dipped nearly 3% to $2.04 billion from $2.09 billion.

July 20, 2012
Chase Properties acquires Williams Crossing shopping center

Beachwood, Ohio-based Chase Properties said it has acquired Williams Crossing in Bedford, Ind., from Horne Properties.

Bedford, Ind. -- Beachwood, Ohio-based Chase Properties said it has acquired Williams Crossing in Bedford, Ind., from Horne Properties.

Williams Crossing is a 50,000-sq.-ft. shopping center that is shadow-anchored by a Super Walmart. Other tenants in the center include Dollar Tree, Maurices, Shoe Show and Hibbett Sports. Marcus & Millichap brokered the sale.
 

September 12, 2011
DDR announces new name, tagline and brand identity

Developers Diversified Realty Corp. announced Monday that it will officially change its name to DDR Corp., and adopt its New York Stock Exchange ticker symbol and most commonly referred identity, DDR, as its official brand name.

Beachwood, Ohio -- Developers Diversified Realty Corp. announced Monday that it will officially change its name to DDR Corp., and adopt its New York Stock Exchange ticker symbol and most commonly referred identity, DDR, as its official brand name.

The company also unveiled a new logo, tagline and brand identity.

August 9, 2011
TravelCenters of America profit soars in Q2

TravelCenters of America LLC reported Tuesday that net income for its fiscal second quarter rose to $21.7 million, compared with $1.2 million a year earlier.

Westlake, Ohio -- TravelCenters of America LLC reported Tuesday that net income for its fiscal second quarter rose to $21.7 million, compared with $1.2 million a year earlier. The improved performance was due to higher fuel sales and higher margins.

During the second quarter, total fuel sales rose 4.3%.

May 18, 2011
DDR and Target launch redevelopment projects in San Antonio and Denver

Shopping center owner and developer Developers Diversified Realty Corp. said Wednesday it will raze Terrell Plaza shopping center in San Antonio, Texas, and an existing two-story enclosed mall at Tamarac Square in Denver, Colo., to accommodate Target Corp.’s construction of two new stores.

Beachwood, Ohio -- Shopping center owner and developer Developers Diversified Realty Corp. said Wednesday it will raze Terrell Plaza shopping center in San Antonio, Texas, and an existing two-story enclosed mall at Tamarac Square in Denver, Colo., to accommodate Target Corp.’s construction of two new stores.

DDR said it intends to redevelop adjacent retail space at both centers.

April 5, 2011
Developers Diversified receives five MAXI awards

Developers Diversified Realty Corp. said that it earned one MAXI Gold and four MAXI Silver awards for shopping center marketing and management programs at the International Council of Shopping Centers' Fusion Conference in Hollywood, Calif.

Beachwood, Ohio -- Developers Diversified Realty Corp. said that it earned one MAXI Gold and four MAXI Silver awards for shopping center marketing and management programs at the International Council of Shopping Centers' Fusion Conference in Hollywood, Calif.

In the Sales Promotions and Events category, a MAXI Gold was awarded to the 25 on the 25th event at Deer Park Town Center in Chicago. The center developed a wine-tasting promotion to showcase a local merchant and encourage shoppers to explore the center.

February 16, 2011
Wolstein stepping down as executive chairman of the Developers Diversified Realty board of directors

The Developers Diversified Realty Corp. board of directors announced the company and Scott A. Wolstein have agreed he will step down from the role of executive chairman of the board of directors.

Beachwood, Ohio -- The Developers Diversified Realty Corp. board of directors announced the company and Scott A. Wolstein have agreed he will step down from the role of executive chairman of the board of directors.

January 14, 2011
Anthropologie to open at Town Center Plaza

Beachwood, Ohio-based Developers Diversified Realty Corp. said that Anthropologie will open an 11,202-sq.-ft. store at Town Center Plaza, a 626,000-sq.-ft. lifestyle center located in Leawood, Kan.

Kansas City, Kan. -- Beachwood, Ohio-based Developers Diversified Realty Corp. said that Anthropologie will open an 11,202-sq.-ft. store at Town Center Plaza, a 626,000-sq.-ft. lifestyle center located in Leawood, Kan.

The new store is slated to open this summer.

In 2010 at Town Center Plaza, Victoria's Secret relocated and expanded to a new 7,200-sq.-ft. prototype store, Bath & Body Works expanded into a 3,267-sq.-ft. space, and The Limited executed an agreement to open a 4,595-sq.-ft. store in the spring.

November 23, 2010
Hhgregg opens Florida, Pennsylvania stores

Beachwood, Ohio-based Developers Diversified Realty Corp. said that Hhgregg has joined Carillon Place, a 283,238-sq.-ft. community center in Naples, Fla., and Peach Street Square, a 676,245-sq.-ft. shopping center in Erie, Pa.

Naples, Fla. -- Beachwood, Ohio-based Developers Diversified Realty Corp. said that Hhgregg has joined Carillon Place, a 283,238-sq.-ft. community center in Naples, Fla., and Peach Street Square, a 676,245-sq.-ft. shopping center in Erie, Pa.

Joining national tenants Walmart Neighborhood Market, Bealls Outlet, T.J.Maxx, Ross Dress for Less and OfficeMax, Hhgregg opened a 36,459-sq.-ft. store at Carillon Place.

The 28,152-sq.-ft. Hhgregg store at Peach Street Square joins Lowe's, Home Depot, Kohl's, Cinemark and PetSmart.

November 17, 2010
Sports Authority, HomeGoods join Shops at Midtown Miami

Beachwood, Ohio-based Developers Diversified Realty Corp. said that The Sports Authority, HomeGoods and a selection of retail shops and restaurants are opening and coming soon to The Shops at Midtown Miami, a 645,000-sq.-ft. mixed-use retail, dining and residential center.

Miami -- Beachwood, Ohio-based Developers Diversified Realty Corp. said that The Sports Authority, HomeGoods and a selection of retail shops and restaurants are opening and coming soon to The Shops at Midtown Miami, a 645,000-sq.-ft. mixed-use retail, dining and residential center.

The Sports Authority plans to open a 34,544-sq.-ft. store in 2011. HomeGoods opened a 25,351-sq.-ft. location in late fall 2010.

October 24, 2010
Developers Diversified names leasing exec

Developers Diversified Realty Corp. said it has appointed Robert McGovern to the position of leasing...

October 4, 2010
Kohl’s and Developers Diversified partner to open 8 locations

Developers Diversified Realty Corp. said Tuesday that eight new Kohl's stores totaling approximately 600,000 sq....

September 28, 2010
A.J. Wright to open at Severance Town Center

Pine Tree Commercial Realty said that A.J. Wright, a concept of TJX Cos., will open...

August 31, 2010
Macedonia Commons gets new stores, expansions

Beachwood, Ohio-based Developers Diversified Realty Corp. said that Walmart, Hobby Lobby, Five Below, Dots...

July 6, 2010
Developers Diversified announces management training appointees

Developers Diversified Realty Corp. announced its 2010 appointments to the company’s Management Training Program....

July 5, 2010
Developers Diversified names executive VP

Developers Diversified Realty Corp. announced Mark Bratt will join the company as executive VP and...

June 27, 2010
Developers Diversified sells three former Mervyn’s locations

Developers Diversified Realty Corp. announced the sale of three former Mervyn's locations in California....

June 16, 2010
EPN buys stake in Macquarie DDR Trust

EPN GP, LLC said Wednesday it has invested $116 million in Macquarie DDR Trust, an...

May 16, 2010
RECon Booth Directory and Exhibitor Highlights

In preparation for the International Council of Shopping Centers’ annual RECon show, to be held...

March 4, 2010
Developers Diversified receives five MAXI awards, including a sustainability nod

Developers Diversified announced late Thursday that the company earned two MAXI Gold and three MAXI...

January 26, 2010
Developers Diversified names interim CFO

Developers Diversified Realty Corp. announced late Tuesday that it has named David J. Oakes as...

January 25, 2010
Best Buy to open at three DDR shopping centers

Developers Diversified Realty Corp. said Tuesday Best Buy will open stores in the following locations:...

January 19, 2010
Developers Diversified names leasing manager

Developers Diversified Realty Corp. said Tuesday it has appointed Lauren Ball as leasing manager for...

October 26, 2009
Developers Diversified names exec

Developers Diversified Realty Corp. announced the appointment of Thomas Garvey to senior leasing director --...

October 15, 2009
Developers Diversified names team members

Developers Diversified Realty Corp. announced on Thursday the appointment of two new team members....