Lincoln Property Company will develop a $158 million waterfront mixed-use community in Portsmouth, Va. The project will include 500,000 square feet of residential space, 130,000 square feet of commercial space and 34,000 square feet of retail.
Cedar Shopping Centers, Inc. appointed Lawrence E. Kreider, Jr. as CFO. Previously, Kreider served as executive vice president, CFO and CIO of Affordable Residential Communities. He will replace Tom O'Keeffe, Cedar's CFO since 2002, who retired in June.
NCIhired Joseph P. Candella, Jr. as senior vice president. In his new position, Candella will be responsible for business development, client relations and account management. Prior to joining NCI, he worked in the commercial leasing and sales division of Williams Real Estate.
ICSC appointed Linda Carrick-Warfield as its Florida state operations cochair. Carrick-Warfield serves as director of retail sales and leasing with Colliers Arnold in Orlando, Fla. She is responsible for more than 3 million square feet of space.
Inland Real Estate Development, LLC and Neumer2, LLC will develop RiverWoods on the Trail, a 60-acre, $80 million community in South Haven, Mich. The community will encompass 167 homes.
Buchanan Street Partners appointed Chris MacDonald as head of its San Francisco office. MacDonald currently serves as the firm's executive vice president and is based in the Newport Beach, Calif., office. He has more than 20 years of experience in the commercial real estate finance industry.
The Irvine Company opened Orchard Hills Village Center, a 125,000-square-foot property in Irvine, Calif.
Cushman & Wakefield appointed Franklin L. Lavin as managing director and COO of Cushman & Wakefield Investors Asia. Lavin will be based in Hong Kong and Washington, D.C., and will be responsible for building the firm's investment management business in Asia. Prior to joining Cushman & Wakefield, he served as undersecretary of commerce for international trade with the United States Department of Commerce.
Inland Real Estate Development, LLC, HPD Cambridge, Inc. and Mid-America Development Partners LLC broke ground for LaGrange Pointe, an independent retirement living community in LaGrange, Ill. The project will combine 30 apartments with retail and restaurant space on the street level.
Glimcher Ventures Southwest, LLC will develop Shoppes at Chandler Heights, a $20 million 100,000-square-foot mixed-use center in Scottsdale, Ariz. Construction on the project is scheduled to begin this November, with completion expected in October 2008.
KTGY Group, Inc. appointed Michael Flynn as senior project director in its Irvine, Calif. office. Prior to joining KTGY, Flynn served as senior vice president/director of commercial, retail and entertainment projects with afirm in Orange, Calif. He has 40 years of experience in the industry.