SIGNING ON: Shopping center owner and developer Caruso Affiliated has tapped Kloe Colacarro to oversee leasing and merchandising across its property portfolio. The Los Angeles-based real estate company’s staple includes The Grove, The Americana at Brand and The Commons at Calabasas in addition to proposed projects such as Palisades Village.
Colacarro, now head of leasing and reporting directly to founder and chief executive officer Rick Caruso, joined the company in 2009 and has worn a number of hats since then, including Americana at Brand project manager and most recently Grove general manager.
Her time managing the Grove saw the launch of an app for shoppers and the introduction of fast-growing e-tailer Revolve’s first offline endeavor via a pop-up shop that recently completed its run. “We’re really interested in staying at the forefront of that click-to-brick trend,” Colacarro said. That trend will continue with a pop-up shop selling items done in collaboration between stationary and gift company Rifle Paper Co. and Lauren Conrad’s Paper Crown. The store is set to operate during Valentine’s Day weekend.
Specialty merchants unique to the West or contemporary brands will be part of the future tenant mix at Palisades Village, according to Colacarro. She declined to disclose specifics on the project other than to say the “vibe will be charming, approachable and authentic. It’s a lot of first-to-market concepts, but really everything will be true to the character of the Palisades.”