Content about Developers Diversified Realty Corporation

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.

September 7, 2011
DDR and Glimcher Realty Trust announce strategic asset swap

Developers Diversified Realty and Glimcher Realty Trust announced Wednesday that the companies have entered into an agreement to swap two assets better aligned with the other’s operating platforms and strategies.

Columbus, Ohio -- Developers Diversified Realty and Glimcher Realty Trust announced Wednesday that the companies have entered into an agreement to swap two assets better aligned with the other’s operating platforms and strategies. 

DDR will sell Glimcher its open-air mall, Town Center Plaza, in Kansas City, Kan., and Glimcher will sell DDR its power center, Polaris Towne Center, in Columbus, Ohio.

The transaction is expected to close in the fourth quarter of 2011.

June 16, 2011
REI to make South Carolina debut

Charlotte, N.C.-based The Chambers Group, an X Team partner, said it has completed a lease for the first REI in South Carolina.

Greenville, S.C. -- Charlotte, N.C.-based The Chambers Group, an X Team partner, said it has completed a lease for the first REI in South Carolina.

The outdoor equipment retailer will join The Point shopping center, a Whole Foods-anchored property located in Greenville, S.C., and owned by Beachwood, Ohio-based Developers Diversified Realty.

REI will occupy 22,000 sq. ft. of a former Circuit City space.
 

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.

March 25, 2011
Developers Diversified expands enterprise risk management commitment

Developers Diversified Realty Corp. announced Friday it has furthered its commitment to risk management with the formalization of its Enterprise Risk Management Program.

Beachwood, Ohio -- Developers Diversified Realty Corp. announced Friday it has furthered its commitment to risk management with the formalization of its Enterprise Risk Management Program.

The new program, according to Developers Diversified, is an integration of strategy, process, people and technology that promotes the identification, prioritization, ownership and management of the company's critical risks.

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 24, 2011
Developers Diversified Realty and MasterCard Worldwide launch gift card in Puerto Rico

Developers Diversified Realty Corp. announced a new gift-card partnership with MasterCard Worldwide in Puerto Rico.

Beachwood, Ohio -- Developers Diversified Realty Corp. announced a new gift-card partnership with MasterCard Worldwide in Puerto Rico.

The MasterCard program, called the Isla Plus Card, represents an extension of a significant, long-term partnership between the two companies in Puerto Rico. The Isla Plus Card is designed to promote even greater acceptance among merchants and consumers, and provide the flexibility consumers demand in gift-card programs.

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.

November 13, 2010
Expansion of Parque Dom Pedro in Brazil opens

Developers Diversified Realty Corp. announced that the company's joint venture in Brazil, Sonae Sierra Brasil, has opened a nearly 60,000-sq.-ft. expansion at Parque Dom Pedro Shopping, now a 1.3 million-sq.-ft. enclosed mall in Campinas, Brazil.

Beachwood, Ohio -- Developers Diversified Realty Corp. announced that the company's joint venture in Brazil, Sonae Sierra Brasil, has opened a nearly 60,000-sq.-ft. expansion at Parque Dom Pedro Shopping, now a 1.3 million-sq.-ft. enclosed mall in Campinas, Brazil.

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....

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 31, 2010
Developers Diversified launches online community

Shopping center owner and operator Developers Diversified Realty announced Tuesday that it has launched ShopStar,...

May 24, 2010
ICSC recognizes top shopping center achievements

The International Council of Shopping Centers (ICSC) has announced ICSC’s Best-of-the-Best Award winners. The winners...

May 16, 2010
RECon Booth Directory and Exhibitor Highlights

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

May 10, 2010
Developers Diversified names senior VP redevelopment and expansions

Developers Diversified Realty Corp. said Tuesday it has appointed James J. Farrell to senior VP...

March 16, 2010
Developers Diversified appoints general manager of The Pike at Rainbow Harbor

Beachwood Ohio-based Developers Diversified Realty Corp. announced that it has appointed Jeffrey T. Miyaoka as...

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...

March 4, 2010
Inland acquires $424 million portfolio of shopping centers

Inland Real Estate Acquisitions, the purchasing arm of The Inland Real Estate Group of Cos.,...

January 26, 2010
Developers Diversified names interim CFO

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