Reporting The Nation’s Weekly News on Retailing & Retail Real Estate Volume XXVIII No. I
January 4, 2013
FEATURING home-related Chains Expand Nationwide Darroch, Inc. trades as Dockside Imports at four locations throughout FL. The stores, offering furniture and home décor items, occupy spaces of 5,000 sq.ft. to 10,000 sq.ft. in malls and lifestyle, outlet, power, specialty, strip and value centers. Growth opportunities are sought throughout the existing market during the coming 18 months. The company prefers to locate in areas with high foot and vehicular traffic counts. For more information, contact Mark Sokolowski, Darroch, Inc., PO Box 780086, Orlando, FL 32878-0086; 407-221-5143; Email: marks@docksideimports.com; Web site: www.docksideimports.com.
Treadwell Management Group Ltd. trades as Rent 1 One Plus at 10 locations throughout NH. The company, featuring rent-to-own living room, dining room and bedroom furniture, as well as appliances and electronics, occupy spaces of 1,900 sq.ft. in freestanding locations, malls, strip centers and downtown areas. Growth opportunities are sought throughout the existing market during the coming 18 months. For more information, contact Evan MacDonald, Treadwell Management Group Ltd., 27 Harvey Road, Bedford, NH 03110; 603-645-4910, Fax 603-645-5210; Web site: www.rentoneplus.com.
Slumberland, Inc. trades as Slumberland Furniture and Slumberland Clearance Centers at 122 locations throughout IA, IL, IN, KS, MI, MN, MO, MT, ND, NE, SD and WI. The full-line furniture stores, also featuring specialty mattress departments, occupy spaces of 25,000 sq.ft. to 40,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout AR; IA; IL, excluding the Chicagoland area; IN; KS; KY; MO; MT; ND; NE; TN; WI and WY during the coming 18 months. The company is franchising and expansion is for both corporate-owned stores and franchise locations. For more information, contact Michael Larson, Slumberland, Inc., 3060 Centerville Road, Little Canada, MN 55117; 651-482-7500; Email: michael.larson@slumberland.com; Web site: www.slumberland.com.
Dunn-Edwards Paints operates 106 locations throughout AZ, CA, NM, NV and TX. The home improvement stores, offering paints and related supplies, occupy spaces of 5,000 sq.ft. to 6,000 sq.ft. in specialty and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months, with representation by Lee & Associates Commercial R.E. Typical leases run five years. Preferred cotenants include home improvement retailers. For more information, contact Bruce Heathcote, Lee & Associates Commercial R.E., 111 Pacifica, Suite 310, Irvine, CA 92618; 949-727-1200, Fax 949-727-1299; Email: bheathcote@lee-associates.com; Web site: www.dunnedwards.com. (continued on page seven)
This issue contains information on: • Retailers operating 29,946 locations with plans to open 1,872 sites • Real estate valued in excess of $112 million to be bought, sold & financed • Leasing activity on over 4.92 million sq.ft. of retail properties s Postmaster: Periodical New nt a te rt di Impo se Expe Plea
national focus New Construction Breslin Realty preleasing center in Stonington, CT........................ Pg. 3 LMS Commercial Real Estate preleases center in Lebanon, PA Pg. 3 Buyers and Sellers Chase properties closes three centers........................................ Pg. 4 Who’s Opening & Where Elevation Burger gets aggressive
Pg. 5
Keen Los Angeles takes on southern CA............................... Pg. 5 Food Retailers Expand Uncle Julio’s eyes Chicago and New York................................... Pg. 6 Exclusives Franklin Street Retail reps Bealls Outlet in Atlanta, GA.................. Pg. 7 Matanky Realty Group takes on exclsuive to lease center in Merrillville, IL............................. Pg. 7 Sources of Financing Meridian Capital Group places loan on retail site in New York, NY............................................. Pg. 8 Making The News SRS Real estate Partners makes moves in TX............................... Pg. 8 Lease Signings RMC Property Group inks deal with Marshalls in Riverview, FL Pg. 8 Lead Sheet Salon Boutique to enter CA and NV............................................. Pg. 10 Justin Brands to enter AR and NM............................................. Pg. 11 Space Place................................ Pg. 14 Mobile Access Code: nf010413
new construction Vakos Real Estate is preleasing proposed 3,500 sq.ft. and 7,500 sq.ft. freestanding buildings located along Southpoint Parkway in Fredericksburg, VA. Area retail includes Walmart, Lowe’s Home Improvement, Buffalo Wild Wings and KOBE. Area demographics include a population of 44,576 within three miles earning $71,313 as the average household income. The average daily traffic count is 105,000 vehicles. For more information, contact Robbie Lester, Vakos Real Estate; 540-898-1010 Ext. 309; Email: rlester@vakosre.com; Web site: www.vakosre.com.
President/Publisher Ann O’Neal • ann@dealmakers.net Editor Erin Dunkley • erin@dealmakers.net Editor Stephanie Weaver • stephanie@dealmakers.net Art Director Anthony Pingicer • anthony@dealmakers.net Director of Business Development Brenda Buchanan • brenda@dealmakers.net Sales Executive Jacqueline Pelicano • jp@dealmakers.net Customer Service Bridget Thoresen • custserv@dealmakers.net Co-Founder Ted Kraus • 1979–2007
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The Feil Organization is redeveloping East Lake Shopping Center, a center situated on 20 acres at the intersection of Read Boulevard and Interstate 10/Service Road in New Orleans, LA. Area demographics include a trade-area population of 352,950 within 10 miles earning $47,917 as the average household income. The average daily traffic count is 30,058 vehicles. The site is adjacent to Lowe’s Home Improvement and across from Lake Forest Shopping Center. The company is also preleasing Carrollton Plaza Shopping Center, a 219,528 sq.ft. center situated on 20 acres at the intersection of South Carrollton Avenue and Palmetto Street in New Orleans, LA. Costco serves as the anchor and is scheduled to open during August 2013. Area retail includes CVS, Family Dollar, Subway, T-Mobile and Iberia Bank. Area demographics include a population of 723,048 within 10 miles earning $61,119 as the average household income. The average daily traffic count is 58,762 vehicles. Area draws include New Orleans Arena and Tulane University. For more information, contact GlenWilson, The Feil Organization, 7 Penn Plaza, New York, NY 10001; 212-563-6557, Fax 212563-6657; Email: gwilson@feilorg.com; Web site: www.feilorg.com.
RD Management, LLC is preleasing a community shopping center situated on 26.63 acres along U.S. Highway 46 in Parsippany, NJ. Shop spaces from 11,700 sq.ft. to 50,000 sq.ft. are available. Area retail includes Marshalls, Home Goods, Dress Barn, Michaels, LA Fitness, Home Depot, Bed Bath & Beyond and Staples. Area demographics include a population of 242,167 within seven miles earning $129,748 as the average household income. The average daily traffic count is 26,941 vehicles. The company is also preleasing a 170,453 sq.ft. community shopping center located at the intersection of Glenridge Road and Saratoga Road/Interstate 50 in Glenville, NY. Shop space of 35,616 sq.ft. is available. Target anchors the center and cotenants include Panera Bread. Area demographics include a population of 163,368 within seven miles earning $76,047 as the average household income. The average daily traffic count is 20,800 vehicles. For more information, contact Thomas G. Mirandi, RD Management, LLC, 810 Seventh Avenue, 10th Floor, New York, NY 212-2656600 Ext. 239, Fax 212-459-9133; Email: tmirandi@rdmanagement.com.
Breslin Realty is preleasing Liberty Crossing, a proposed development situated on 68 acres at the intersection of Interstate 95 and Route 2 in Stonington, CT. Shop spaces from 3,000 sq.ft. to 32,575 sq.ft. are available, in addition to pad sites. Area retail includes Stop & Shop, McDonald’s, Regal Cinemas and Newport Fed. Area demographics include a population of 120,508 within 12 miles earning $83,995 as the average household income. The average daily traffic count includes 65,000 vehicles. Opening is slated for mid 2014. The site is shadow-anchored by Kohl’s and Target. For more information, contact Richard MacDougall, Breslin Realty, 500 Old Country Road, Garden City, NY 11530; 516-741-7400 Ext. 263; Email: rmacdougall@breslinrealty.com; Web site: www.breslinrealty.com.
LMS Commercial Real Estate is preleasing phase one of North Cornwall Commons, a mixed-use development located at the intersection of Rocherty Road and Cornwall Road in Lebanon, PA. The project will entail 60,000 sq.ft. of retail space and 550,000 sq.ft. for office and residential uses. Area retail includes Weis, Kohl’s, Sears, Big K-Mart and Lowe’s Home Improvement. Area demographics include a population of 655,189 within 20 miles earning $71,542 as the average household income. The average daily traffic count is 20,000 vehicles. For more information, contact Joseph R. Deerin or Donna Deerin Ward, LMS Commercial Real Estate, 120 North Pointe Boulevard, Suite 301, Lancaster, PA 17601; 717-569-9373 Ext. 905/915, Fax 717-5609909; Emails: jrdeerin@lms-pma.com and ddeerin@lms-pma.com; Web site: www.lms-pma.com.
Alberta Development Partners, LLC, in partnership with Walton Street Capital, is redeveloping Foothills Mall, situated on 74 acres in Ft. Collins, CO. The redevelopment will include 375,000 sq.ft. of retail space, a movie theater, parking garage, courtyards and an apartment complex. For more information, contact Alberta Development Partners, LLC, 5750 DTC Parkway, Suite 210, Greenwood Village, CO 80111; 303-771-4004; Web site: www.albdev.com.
Emerging Market Partners, LLC is preleasing Greenville Towne Center, a mixed-use center situated on 66 acres along Interstate 34 in Greenville, TX. Area retail includes Walmart Supercenter and The Home Depot. Area demographics include a trade area population of 20,094 within three miles. The average daily traffic count is 25,320 vehicles. For more information, contact Scott Steenson, Emerging Market Partners, LLC; 469-298-4140; Email: ssteenson@3to1emp.com; Web site: www.3to1emp.com. DM January 4, 2013 | Page 3
buyers and sellers Chase Properties is acquiring shopping centers located in secondary and tertiary markets throughout the eastern region of the U.S. Preferred acquisitions entail a GLA of at least 50,000 sq.ft. with national or strong regional anchors. The company recently acquired Valley Corners, a 144,000 sq.ft. shopping center in Hickory, NC; Williams Crossing, a 50,000 sq.ft. shopping center in Bedford, IN and South Pointe Shopping Center, an 83,000 sq.ft. project located in Sikeston, MO. For more information, contact Andy Kline, Chase Properties, 3333 Richmond Road, Suite 320, Beachwood, OH 44122; 216-4646626; Email: akline@chaseprop.com; Web site: www.chaseprop.com. Colliers International is selling a 2,500 sq.ft. Rapid Cash situated on .38 acres and located along Civic Center Drive in North Las Vegas, NV. The single-tenant NNN investment has an asking price of $1.133 million and a Cap rate of 6%. Food 4 Less, Walgreens and Farmer Boys Restaurant shadow-anchor the site. For more information contact Eric Carlton, Colliers International; 949-724-5561; Email: eric.carlton@colliers.com. Metro 1 Commercial negotiated the sale of two storefronts, occupied by Radio Shack and Subway, totaling 5,972 sq.ft. along East Flagler Street in Miami, FL. Flagler First Condominiums sold the properties for $2.525 million with a Cap rate of 6%. For more information, contact Tony Cho or Tony Arellano; Metro 1 Commercial, 120 Northeast 27th Street, Suite 200, Miami, FL 33137; 305-571-9991; Email: info@metro1cre.com.
Rein & Grossoehme brokered the $3 million sale of Shea Scottsdale Plaza, a 12,716 sq.ft. center located in Scottsdale, AZ. Tenants include Dickey’s BBQ Pit and Fate Brewing Company. CBRE represented the seller. For more information, contact Mark Rein, Rein & Grossoehme, 8767 East Via de Ventura, Suite 370, Scottsdale, AZ 85258; 480-214-9414; Email: mark@high-yield.com. The Boulder Group brokered the sale of a freestanding Trader Joe’s supermarket in Brookfield, WI. The property sold with a Cap rate of 5.75%. For more information, contact Randy Blankstein or Jimmy Goodman, The Boulder Group; 847-562-0003/8500; Emails: rblank@bouldergroup.com and jimmy@bouldergroup.com; Web site: www.bouldergroup.com. HL Commercial Real Estate, on behalf of a client, is acquiring shopping centers nationwide. Preferred acquisitions include grocery-anchored centers with asking prices up to $150 million and GLAs of at least 125,000 sq.ft. For more information, contact Vic Brown, HL Commercial Real Estate, 4304 Redwood Highway, Suite 200, San Rafael, CA 94903; 415-446-4257, Fax 415-446-4200. NAI Avant represented Bojangles in the acquisition of 1.34 acres off of Broad River Road in Columbia, SC. The property was acquired for $625,000. For more information, contact Bruce Harper, NAI Avant; 803-744-9805; Email: bharper@naiavant.com; Web site: www.naiavant.com.
Chase Properties >>> Valley Corners | Hickory, NC Page 4 | January 4, 2013
Marcus & Millichap negotiated the $15.367 million sale of Fountain Square, a 118,209 sq.ft. shopping center located at the intersection of Seventh Street and Bell Road in Phoenix, AZ. At the time of closing, the center had a 32% vacancy factor. Cotenants include Planet Fitness, Payless Shoe Source, Hallmark, UPS and T-Mobile. Safeway is adjacent to the center. The center was acquired by Whitestone REIT. The company also arranged the sale of Westview Shoppes, a 60,372 sq.ft. shopping center in Coral Springs, FL. Westview Shoppes Florida LLC sold the Office Depotanchored center to a private investor for $9.961 million. For more information regarding Fountain Square, contact Michael Sanford Burstyn, Marcus & Millichap, 2398 East Camelback Road, Suite 550, Phoenix, AZ 85016; 602687-6783, Fax 602-687-6719. For more information regarding Westview Shoppes, contact Drew Kristol or Kirk Olson; 5201 Blue Lagoon Drive, Suite 100, Miami FL 33126; 786-522-7065/7064. Baum Realty Group is selling a 1.44acre parcel, located along Halstead Street in Glenwood, IL. Area retailers include AutoZone, Chase Bank, Walmart and Aldi. The average daily traffic count is 25,400 vehicles. The asking price is $425,000. For more information, contact Greg Dietz or Danny Spitz, Baum Realty Group, 1030 West Chicago Avenue, Chicago, IL 60642; 312-275-3125/3139; Emails: greg.dietz@baumrealty.com and danny@baumrealty.com. Quine & Associates, Inc. is selling Oakwood Shopping Center, a 40,322 sq.ft. center located along West Euless Boulevard in Euless, TX. The company is also selling a 13,905 sq.ft. Walgreen’s along Cross Timbers Road in Flower Mound, TX. An 8,135 sq.ft. Dollar General is also for sale and located along Ovilla Road in Ovilla, TX. For more information, contact Gary Tobias, Quine & Associates, Inc., 301 S. Sherman Street, Suite 100, Richardson, TX 75081; 972-669-8440, Fax 972-7838901; Email: gtobias@quine.com; Web site: www.quine.com. Calkain Cos. has brokered the sale of Port Orange Gateway Center in Port Orange, FL. The center is shadow-anchored by Lowe’s and Target Supercenter. For more information, contact Michael Zimmerman or Patrick Nutt, Calkain Cos.; 954-790-6611/302-7365; Emails: mzimmerman@calkain.com and patrick.nutt@calkain.com. DM Dealmakers Magazine | www.dealmakers.net
who’s opening and where Dunkin’ Brands, Inc. (781-737-3000), under franchisee Coffee Action West, is planning to open 21 Dunkin’ Donuts stores and three Dunkin’ Donuts/Baskin-Robbins combination stores throughout the Austin, TX area. The first location is slated to open in Cedar Park, TX during 2013. The company, offering coffee, lattes, donuts, frozen drinks, muffins, bagels and breakfast sandwiches, currently operates more than 10,000 locations worldwide, including 7,000 locations in 36 states nationwide and more than 3,000 locations in 31 countries. Orange Leaf Frozen Yogurt (888-883-1004) is slated to open a location at Brickyard Square Shopping Center, a 270,000 sq.ft. regional shopping center located at the intersection of Route 101 and Route 125 in Epping, NH during early 2013. Cotenants at the center include Market Basket and O’Neil Cinema. The company, offering gluten-free and lactose-free frozen yogurt options, currently operates more than 200 locations nationwide. Hennes & Mauritz AB (212-564-9922) is planning to opening 30 H&M stores throughout the U.S. over the next several years. The company currently operates more than 2,700 locations, offering apparel for men, women and children, nationwide and internationally, including 270 locations in the U.S. The Buckle, Inc. (800-522-8090) is slated to open a 4,884 sq.ft. store on the first level of Destiny USA in Syracuse, NY during spring 2013. The company, offering fashion tops, sportswear, outerwear, accessories and footwear, currently operates 440 locations nationwide, including four stores in NY. The Kroger Co. (513-762-4000) is planning to open a 123,000 sq.ft. Kroger supermarket at New Holland Market, situated on 26 acres at the intersection of Jesse Jewell Parkway and Limestone Parkway in Gainesville, FL. The grocery store is slated to open during spring 2014. The chain is also planning to open a Kroger Marketplace supermarket in Oak Ridge, TN. Yumz Gourmet Frozen Yogurt (847-8547071) is planning to have 100 locations operating by 2014, including openings in Addison, Libertyville, Lombard and Palatine, IL during January 2013, in addition to 50 franchised locations opening throughout CA, IN, FL and WI, as well as 15 locations in the Chicago, IL market during 2013. Dealmakers Magazine | www.dealmakers.net
Dillard’s (800-345-5273) is slated to open a 200,000 sq.ft. department store in Las Vegas, NV. The company is also planning to open a 126,000 sq.ft. location in Denton, TX and a 180,000 sq.ft. location at The Mall at University Town Center in Sarasota, FL. All of the locations are slated to open during fall 2014. The company, offering family apparel, accessories, footwear and home décor items, currently operates 284 locations nationwide.
Culver Franchising System, Inc. (608-6437980) plans to enter the FL market during 2013, with three Culver’s quick-serve restaurants slated to open in Ft. Meyers, Naples and Sarasota. The company is also planning to update 25 locations next year. The company, offering hamburgers, soups, salads, sandwiches, sides and desserts, currently operates 473 locations throughout 20 states nationwide.
The Fresh Market, Inc. (336-272-1338) is planning to open a Fresh Market supermarket at the intersection of 116th Street and Cumberland Road in Fishers, IN. It will be the company’s fifth location in the state. The company is also planning to open a locations at The Village at Nellie Gail Ranch, located in Laguna Hills, CA. It will be the company’s fourth location in CA.
Publix Super Markets (863-688-1188) is planning to open a Publix supermarket at Turkey Creek shopping center in Farragut, TN. The company currently operates more than 1,061 supermarkets throughout AL, FL, GA, SC and TN.
Hy-Vee, Inc. (515-267-2800) is slated to open a 50,000 sq.ft. Hy-Vee supermarket and a 4,500 sq.ft. convenience store at the former Roberts Dairy Plant, located along North Dodge Street in Iowa City, IA. The new location will feature a drive-thru pharmacy and a quick-serve coffee window. The supermarket is slated to open during 2014. Dave & Buster’s, Inc. (214-357-9588) is planning to open five Dave & Buster’s entertainment centers during 2013. The company, offering entertainment options for adults and families, including sports-oriented games and simulation games, currently operates 60 locations throughout 25 states nationwide, as well as in Canada. Starbucks Coffee Co. (206-447-1575) plans to open 3,000 Starbucks cafes nationwide during the next five years, including 1,500 locations by the end of 2015. The company also plans to increase its global count from 18,000 to 20,000 cafes during the next two years. The company currently operates more than 11,000 locations nationwide. Elevation Burger (703-243-7894) is planning to have 75 restaurants operating by the end of 2014. The company, offering organic hamburgers, cookies, as well as malts and milkshakes, currently operates 10 locations throughout Washington, DC and four locations throughout Fairfax County, VA, as well as 30 franchised locations. IKEA (610-834-0180) is planning to open a 350,000 sq.ft. store situated on 12 acres at Assembly Row in Somerville, MA during 2014. The Swedish-based company, offering furniture and home décor, currently operates more than 38 locations nationwide.
Goodwill Industries (503-238-6100) plans to open a Goodwill store in a former RoomStore located along Columbia Pike in Annandale, VA. The company is also planning to open a store in a former Fashion Bug at Valu Plaza in Batavia, NY during spring 2013. Wawa, Inc. (610-358-8000) is planning to open a 5,636 sq.ft. Wawa at the intersection of Gray Street and Dale Mabry in southern Tampa, FL. The store is slated to open during May 2013. Food City (276-628-5503) is planning to open a 52,000 sq.ft. supermarket along New Emory Road in Powell, TN during spring 2013 and a 47,000 sq.ft. store along Highway 411 in Vonore, TN during summer 2013. McDonald’s (800-244-6227) is planning to opening a restaurant at a proposed five-acre shopping center located at the intersection of Bradley Road and East Betteravia Road and in Santa Maria, CA. Keene Los Angeles (310-208-6400) is planning to open more than a dozen stores by 2014. The company offers apparel and accessories for women and operates locations throughout southern CA. Arcadia Group, Ltd. (866-853-8559) is planning to open 50 Topshop stores throughout the U.S. during the next three or four years. FroZenYo (202-506-7814) is planning on opening a store along North Lynn Street in Rosslyn, VA during spring 2013. DM
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food retailers expand nationwide AFC Enterprises, Inc. trades as Popeyes nationwide. The fast food restaurants occupy spaces of 2,695 sq.ft. in freestanding locations or endcaps of power and lifestyle centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Preferred area demographics include a population of 150,000 within seven miles earning $35,000 to $100,000 as the median household income. Preferred average daily traffic counts include 20,000 vehicles. For more information, regarding sites in AZ, CA, UT, CO, ID, NV, OR and WA contact Sam Wong, regarding sites in TX, NM, LA, AR, OK, KS, NE, WY, SD, ND, MN, IA, MD, MI, MO, and IN contact Doug Randahl, regarding sites in FL, GA, AL, MS, SC, NC, VA and TN contact Bob Baker and regarding sites in NJ, NY, PA, MO, OH, WV, VA, and New England contact Ray Lauletti, AFC Enterprises, Inc.; 949-857-1284, 210492-6766, 404-459-4481 or 973-9444210; Emails: sam.wong@popeyes.com; doug.randahl@popeyes.com; bob.baker@popeyes.com and ray.lauletti@popeyes.com. Subway Development Co. trades as Subway at 180 locations throughout NJ. The sub shops occupy spaces of 500 sq.ft. to 3,000 sq.ft. in endcaps of strip centers, as well as food courts of malls and university and office complexes. Expansion plans call for more than 100 openings throughout Bergen, Essex, Hudson, Hunterdon, Morris, Passaic, Somerset, Sussex and Warren counties in NJ during the coming 18 months. For more information, contact James Hsu, Subway Development, Co., 811 Totowa Road, Totowa, NJ 07512; 973-720-8500, Fax 973-720-8551; Email: leasing@subwaynj.com.
CKE Restaurants trades as Carl’s Jr. and Hardees at more than 3,202 locations throughout 42 states nationwide, as well as 23 countries. The chain of casual dining restaurants occupy spaces of 2,390 sq.ft. to 2,911 sq.ft. in freestanding locations situated on land areas of 24,000 sq.ft. to 30,000 sq.ft. Growth opportunities for Carl’s Jr. are sought throughout the western U.S. and for Hardees throughout the eastern and Midwestern states during the coming 18 months. Preferred demographics include a population of 25,000 within two miles earning $35,000 to $60,000 as the average household income. Preferred average daily traffic counts include 20,000 vehicles. Preferred cotenants include supermarkets. The company prefers ground leases and acquisitions. For more information regarding Carl’s Jr., contact Ingrid Akers regarding site submittals in CA, WA, OR and UT and for franchised territories contact Lisa Shaw or Clyde George regarding sites in TX, CKE Restaurants; 866-253-7655; Emails: iakers@ckr.com, cgeorge@ckr.com and lshaw@ckr.com; Web site: www.ckefranchise.com. For more information regarding Hardees corporate expansion, contact Gail Rogers and for franchised locations contact Bob Paszek; Emails: garogers@ckr.com and rpaszek@ckr.com. Submit sites to Alfreda Wilbon; 314-2596418; Email: awilson@ckr.com. Cinnabon, Inc. trades as Cinnabon at more than 800 locations nationwide, as well as throughout 35 countries internationally. The chain of bakeries occupies spaces of 600 sq.ft. to 900 sq.ft. in malls with GLAs exceeding 900,000 sq.ft. with at least four major anchors or 300 sq.ft. in kiosks. Growth opportunities are sought nationwide during the coming
Unclie Julio’s is seeking growth opportunities throughout the Chicago, IL and New York, NY metro areas Page 6 | January 4, 2013
18 months. Preferred area demographics include a trade-area population of 65,000 earning $50,000 to $90,000 as the median household income. The company prefers locations with a strong traffic count. The company prefers site submittals to its website at www.cinnabonfranchising/site-submittal. For more information, contact Cinnabon, Inc., 200 Glenridge Point Parkway, Suite 200, Atlanta, GA 30342; 404-255-3250; Email: request@cinnabon.com; Web site: www.cinnabon.com. Ben & Jerry’s Franchising, Inc. trades as Ben & Jerry’s Ice Cream at more than 800 locations nationwide, as well as internationally. The ice-cream shops occupy spaces of 150 sq.ft. to 1,200 sq.ft. in entertainment and lifestyle centers, as well as tourist and urban/ downtown areas. Growth opportunities are sought in select locations nationwide and internationally during the coming 18 months. Typical leases run 10 years with options. A vanilla shell is preferred. Expansion is franchise driven. For more information, contact Eric Thomas, Ben & Jerry’s Franchising, Inc., 30 Community Drive, Burlington, VT 05403; 802-846-1538; Email: real.estate@benjerry. com; Web site: www.benjerry.com. Uncle Julio’s operates five locations in the U.S. The chain of Mexican-inspired restaurants occupies spaces of 8,500 sq.ft. to 10,00 sq.ft. in various retail settings. Growth opportunities are sought throughout FL; the Chicago, IL metropolitan area and the New York, NY metropolitan area during the coming 18 months, with representation by Katz & Associates. For more information, contact Brian Katz, Amy Staats or David Emihovich, Katz & Associates, One Blue Hill Plaza, Suite 1440, Pearl River, NY 10965-8645; 845-735-6666, Fax 845-735-6680; Emails: briankatz@dkatz.com; davidemihovich@dkatz.com and amystaats@dkatz.com. McDonald’s operates more than 14,000 restaurants nationwide, as well as internationally. The chain of quick-serve restaurants occupies spaces of 800 sq.ft. to 1,000 sq.ft. in food courts or 4,000 sq.ft. for freestanding locations on land areas of 50,000 sq.ft. Preferred sites are at a signalized intersection. Growth opportunities are sought nationwide during the coming 18 months. For a complete list of real estate contacts by state, go to www.about.mcdonalds.com/ franchising/us-franchising/realestate.html. For more information, contact McDonald’s; 630-623-3000; Web site: www.mcdonalds.com. DM Dealmakers Magazine | www.dealmakers.net
home-related chains expand nationwide (continued from page one)
Raymour & Flanigan Furniture operates 101 locations throughout CT, DE, MA, NJ, NY, PA and RI. The stores, offering living room, dining room, bedroom and home office furniture, as well home décor items and area rugs, occupy freestanding locations, power and strip centers in spaces of 15,000 sq.ft. to 25,000 sq.ft. in urban areas and of 40,000 sq.ft. to 60,000 sq.ft. in suburban areas. Growth opportunities are sought throughout NJ and the New York, NY metropolitan area during the coming 18 months. Typical leases run 10 to 15 years. Preferred demographics include a population of 150,000 within seven miles earning $50,000 as the average household income. A land area of 3.5 acres is required for freestanding locations. For more information, contact Scott Milnamow, Raymour & Flanigan Furniture, PO Box 220 / 7248 Morgan Road, Liverpool, NY 13088; 315-453-2590, Fax 315-4532570; Email: smilnamow@raymourflanigan.com; Web site: www.raymourflanigan.com. Warehouse Home Furnishings Dist. Inc. trades as Farmers Home Furniture at 178 locations throughout AL, FL, GA, NC and SC. The stores, offering living room, dining room and bedroom furniture, as well as appliances,
electronics and home décor items, occupy spaces of 15,000 sq.ft. to 20,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout AL during the coming 18 months. Typical leases run five years with options. A vanilla shell is required. Preferred cotenants include Dollar General, Dollar Tree, Big Lots and grocery stores. Preferred demographics include a population of 5,000 to 30,000 households within eight miles earning $35,000 as the average household income. For more information, contact Robert Garrett, Warehouse Home Furnishings Dist. Inc., 1851 Telfair Street, Dublin, GA 31021; 478-275-6137, Fax 478-275-6136; Email: rgarrett@farmersfurniture.com; Web site: www.farmersfurniture.com. La-Z-Boy, Inc. trades as La-Z-Boy at 317 locations nationwide and throughout Canada. The stores, offering sofas, recliners, chairs, sectionals, sleepers, ottomans and coffee tables, occupy spaces of 12,000 sq.ft. to 15,000 sq.ft. in freestanding locations and endcaps of lifestyle and power centers. Plans call for 15 to 20 openings throughout the existing markets during the coming 18 months. Typical leases run 10 years. Specific improvements are required. Preferred
cotenants include Bed Bath & Beyond, Home Depot, Lowe’s Home Improvement, Target and Best Buy. Preferred demographics include a population of 200,000 within 15 miles earning $60,000 as the average household income. For more information, contact David Baratta, La-Z-Boy, Inc., 1284 North Telegraph Road, Monroe, MI 48162; 734-384-6225; Email: david.baratta@la-z-boy.com; Web site: www.la-z-boy.com. R.P. Lumber Co., Inc. trades as R.P. Lumber at 46 locations throughout IL and MO. The shops, offering building materials and home improvement products, occupy freestanding locations, shopping centers and conversion spaces. Growth opportunities are sought throughout the Midwest region of the U.S. during the coming 18 months. A land area of at least two acres is required for freestanding locations. Major competitors include Lowe’s Home Improvement, Home Depot, Menards and independent lumber yards. The company prefers to acquire sites. For more information, contact Jason Plummer, R.P. Lumber Co., Inc., 514 East Vandalia Street, Edwardsville, IL 62025; 618-656-1514, Fax 618-655-7988; Web site: D www.rplumber.com. M
exclusives and leasing assignments Royal Properties (914-237-3403) is representing the following retailers with their expansion plans: Verizon Wireless in spaces of 2,500 sq.ft. to 4,000 sq.ft. throughout Westchester, Rockland, Putnam, Duchess, Orange, Bronx and Manhattan counties in NY and northern NJ; Subway using spaces of 800 sq.ft. to 2,000 sq.ft. throughout Westchester, Rockland, Bronx and Manhattan counties in NY; Choice Pet Supplies occupying spaces of 2,000 sq.ft. to 3,000 sq.ft. throughout Westchester County, NY and Fairfield County, CT; Just A Buck using spaces of 3,000 sq.ft. to 5,000 sq.ft. nationwide; ASAP Urgent Care in spaces of 2,500 sq.ft. to 4,500 sq.ft. throughout CT; Customers Bank occupying spaces of 2,000 sq.ft. to 5,000 sq.ft. throughout Westchester County, NY; Jamba Juice using spaces of 900 sq.ft. throughout CT and the New York, NY metropolitan area; Bruegger’s occupying spaces of 2,500 sq.ft. throughout Fairfield, Hartford and New Haven counties in CT; Clarks in spaces of 2,500 sq.ft. throughout CT and Hudson Valley and Long Island, NY and Blinds To Go in spaces of 3,500 sq.ft. Dealmakers Magazine | www.dealmakers.net
to 5,000 sq.ft. throughout Westchester and Rockland counties in NY. Franklin Street Retail (813-839-7300) is representing the following retailers with their expansion plans: Dunkin’ Donuts occupying spaces of 1,800 sq.ft. to 2,200 sq.ft. and Little Greek Restaurant using spaces of 1,200 sq.ft. to 1,600 sq.ft. throughout Tampa Bay, FL; Bealls Outlet in spaces of 20,000 sq.ft. to 25,000 sq.ft.; Little Caesars using spaces of 1,200 sq.ft. to 1,500 sq.ft., Dollar Tree utilizes spaces of 8,000 sq.ft. to 12,000 sq.ft. and Cato occupying spaces of 4,000 sq.ft. to 5,000 sq.ft. throughout Atlanta, GA; Great Clips using spaces of 800 sq.ft. to 1,400 sq.ft. in Tampa Bay, Ft. Meyers and northern FL, as well as Atlanta, GA; Yobe Frozen Yogurt in spaces of 1,200 sq.ft. to 1,600 sq.ft., Smoothie King occupying spaces of 900 sq.ft. to 1,200 sq.ft. and Hurricane Grill & Wings using spaces of 3,000 sq.ft. throughout northeastern FL and Jimmy John’s occupying spaces of 1,300 sq.ft. to 2,000 sq.ft. throughout Jacksonville and Tampa Bay, FL.
RMC Property Group (813-960-8154) was appointed the exclusive leasing agent of Meadow Pointe, a 17,280 sq.ft. neighborhood shopping center located in Wesley Chapel, FL. Spaces from 1,200 sq.ft. to 10,500 sq.ft. are available for lease. Matanky Realty Group (312-337-1001) has been named the exclusive leasing agent for Broadway Plaza, a 122,175 sq.ft. neighborhood center located along Broadway in Merrillville, IL. The average daily traffic count is 24,000 vehicles. Cassidy Turley (858-625-5244) was appointed as the exclusive leasing and sales agent by the City of Escondido for a portfolio of 10 properties located in Escondido, CA. Winick Realty Group, LLC (212-792-2650) was appointed as the exclusive broker for a space formerly occupied by Rite Aid located along Second Avenue in Manhattan, NY by Rudin Management Corp. The storefront includes a 7,742 sq.ft. ground floor level and D a 5,146 sq.ft. lower level. M January 4, 2013 | Page 7
sources of financing Meridian Capital Group, LLC negotiated $17.7 million in financing for a bi-level building and a four-story property totaling 10,128 sq.ft. located along Lexington Avenue in New York, NY. The sevenyear balance sheet loan was provided by a regional bank. The storefronts are occupied by The Body Shop and Steve Madden. Area retailers include Bloomingdales, H&M and The Container Store. For more information, contact Jonathan Stern, Meridian Capital Group, LLC; 212972-3600; Email: jstern@meridiancapital.com. Lighthouse Commercial Mortgage offers financing for commercial real estate throughout the U.S. and in Canada. Loans range from $3 million to $50 million and feature loan-to-value rates of up to 80%, and five-year or 10-year terms. For more information, contact Mike Anderson, Lighthouse Commercial Mortgage, 3380 Tremont Road, Suite 220, Columbus, OH 43221; 614-340-3972; Email: manderson@lighthouse-commercial.com. DM
real estate professionals making the news
SRS Real Estate Partners (214-560-3215) promoted Mark Reeder as market leader for the firm’s Dallas/Ft. Worth, TX office. Reeder has been with the company since 2000 and in his new role will focus on dispositions for national retailers and restaurant chains, as well as tenant representation throughout the Dallas/ Ft. Worth, TX market. The company also promoted John Artope to market leader at the firm’s south FL office. Artope has been with the firm since 2002 and is on the company’s leadership council and board of directors. The company has more than 20 offices worldwide and specializes in development, investment and management services. Signature Associates (248-948-9000) hired Abraham Leon as a retail sales associate. Prior to his new role, Leon served at Telemus Capital Partners and LPL Financial. The company specializes in brokerage, investment sales, property and asset management, market research, mortgage banking and advisory services. S.L. Nusbaum Realty Co. (757-282-6505) hired Tom Dunn to the firm’s commercial brokerage and development division. Prior to joining the company, Dunn co-founded Tower Park Real Estate. DM Page 8 | January 4, 2013
lease signings L3 Corp. (314-469-7400) negotiated the following leases throughout MO: with DaVita, Inc. for 6,280 sq.ft. at Sappington Square in Crestwood, with the company representing the landlord in the transaction; with Happy China for 1,500 sq.ft. and with King Snapper Fish and Chicken for 1,500 sq.ft. at MLK Plaza in St. Louis, with the company representing the landlord in the transaction; with Shoe Carnival for 10,000 sq.ft. at Cave Springs Crossing Shopping Center in St. Louis, with Rue 21 for 4,500 sq.ft. at Maple Valley Shopping Center in Farmington, with the company representing the landlord in the transaction. The company also negotiated leases with Hibbett Sports for 4,800 sq.ft. in a former Blockbuster in Woodriver, IL, with the company representing the tenant in the transaction; with Miracle Ear for 1,100 sq.ft. at Big Oaks Crossing Shopping Center in Tupelo, MS, with the company representing the landlord in the transaction; with PetSmart for 30,000 sq.ft. at Quarry Shopping Center in Ft. Smith, AR, for 25,265 sq.ft. in Baton Rouge, LA, for 20,946 sq.ft. at Gemini Parkway Plaza in Norman, OK, 12,335 sq.ft. at Cook Crossing Shopping Center in St. Louis, MO and for 25,015 sq.ft. at Ridgemar Town Square in Ridgemar, TX; with Ross Dress for Less for 25,198 sq.ft. at Central Plaza Shopping Center in Ballwin, MO and for 25,478 sq.ft. at University Mall in Carbondale, IL, with the company representing the tenant in the transactions; with Total Hockey for 8,634 sq.ft. at Whiteland Towne Center in Exton, PA and for 10,000 sq.ft. at North Wales Crossing in Montgomeryville, PA, with the company representing the tenant in the transactions and with Versona for 6,133 sq.ft. at The Mall at Turtle Creek in Jonesboro, AR, with the company representing the tenant in the transaction. RMC Property Group (813-960-8154) negotiated leases with TJX Cos. for a 24,000 sq.ft. Marshalls at Summerfield Crossing in Riverview, FL and with Famous Tate Appliances for 11,238 sq.ft. at Village Market of Wesley Chapel in East Pasco County, FL. The company also negotiated lease renewals with Barnes & Noble for 20,520 sq.ft. at Tampa Commons, located at the intersection of Dale Mabry Highway and Kennedy Boulevard in Tampa, FL; with Beauty Max for 8,865 sq.ft. and with Rainbow for 6,000 sq.ft. at Gainesville Shopping Center in Gainesville, FL and with Big Lots for 21,580 sq.ft. at Clearwater Plaza in Clearwater, FL. HK Group (203-454-8700) negotiated a lease with Galerie ISL Paris for 1,875 sq.ft. along Post Road West in Westport, CT.
Brixmor Property Group (212-869-3000) negotiated the following leases with Ross Dress for Less: for 25,000 sq.ft. at Montebello Plaza, located at the intersection of West Via Campo and North Wilcox Avenue in Montebello, CA; for 27,500 sq.ft. at Rivercrest Shopping Center, located at the intersection of South Cicero Avenue/Route 50 and Cal Sag Road/Route 83 in Crestwood, IL; for 22,000 sq.ft. at Clocktower Place, located at the intersection of Dunn Road and West Florissant Avenue in Florissant, MO and for 25,000 sq.ft. at Five Points, located at the intersection of Five Points Road/Highway 77 and Northwest Boulevard/Route 624 in Corpus, Christi, TX. S.L. Nusbaum Realty Co. (757-282-6505) negotiated the following leases: with J’s Beauty Outlet for 3,584 sq.ft. at Smithfield Square in Smithfield, VA, with the company representing the landlord in the transaction; with Princess Nails for 2,400 sq.ft. at Princess One Shopping Center in Virginia Beach, VA, with the company representing the landlord in the transaction and with Jimmy John’s Gourmet Sandwiches for 1,650 sq.ft. at The New Kirn Building in Portsmouth, VA, with the company representing the tenant in the transaction. Kowit & Passov Real Estate Group (216514-5100) negotiated the following leases: with Ace Hardware for 12,488 sq.ft. in a former Paul’s Lumber in Middlefield, OH, with the company representing the tenant in the transaction; with Rite Rug for 4,630 sq.ft. at Mayfield Heights Towne Center along SOM Center Road in Mayfield Heights, OH, with the company representing the landlord in the transaction and with Fujiyama Sushi & Hibachi Restaurant for 3,600 sq.ft. at The Crossings, located along Royalton Road in Broadview Heights, OH, with the company representing the landlord in the transaction. Metro Commercial Real Estate, Inc. (856222-3015) negotiated a lease with The Tile Shop for 17,405 sq.ft. adjacent to the Oxford Valley Mall, located along East Lincoln Highway in Langhorne, PA. The company represented the tenant in the transaction. RFK (212-599-3700) negotiated a lease with Men’s Wearhouse for 8,805 sq.ft. along Third Street in New York, NY. The company represented the tenant in the transaction. Charter Realty & Development Corp. (203227-2922) negotiated a 20-year lease with Whole Foods Market for 29,980 sq.ft. at Towers Plaza in Melrose, MA. DM Dealmakers Magazine | www.dealmakers.net
lead sheet Jiffy Lube International, Inc. dba Jiffy Lube (Franchises) Tom Lane PO Box 4427 Houston, TX 77210-4427 Email: thomas.lane@shell.com Web site: www.jiffylube.com
Automotive The 2,000-unit chain operates locations nationwide. The automotive service centers occupy spaces of 1,900 sq.ft. to 2,400 sq.ft. in freestanding locations and power centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run 20 years with options. Specific improvements are required. Preferred cotenants include big box retailers and Target. Preferred demographics include a population of 50,000 within three miles earning $40,000 as the average household income. The company is franchising.
E-Z Mart Stores, Inc. dba E-Z Mart Mike Ingram 602 West Falvey Street Texarkana, TX 75504 903-832-6502, Fax 903-831-5679
Convenience The 310-unit chain operates locations throughout AR, LA, MO, OK and TX. The convenience stores, with gasoline facilities, occupy spaces of 2,400 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. The company prefers to acquire sites.
Cary R & D Enterprises dba Lynn’s Hallmark Shop and Daphne’s Gary Ashworth 105 West Chatham Street Cary, NC 27511 919-467-2355, Fax 919-467-8205
Cards The 15-unit chain operates locations throughout NC and VA. The card shops occupy spaces of 3,500 sq.ft in malls and 4,000 sq.ft. in strip centers. Growth opportunities are sought throughout NC during the coming 18 months.
Grace Energy Corp. dba Fastrip and Snak-Atak Jerry Perry PO Box 514 / 2485 West Old 66 Boulevard Carthage. MO 64836-9806 417-358-7300, Fax 417-358-4104 Email: jperry@graceenergy.com Web site: www.graceenergy.com
Convenience The 42-unit chain operates locations throughout AR, KS, MO and OK. The convenience stores, with gasoline facilities, occupy spaces of 3,600 sq.ft. in freestanding locations. Plans call for three openings throughout AR, MO and OK during the coming 18 months. The company prefers to acquire sites.
HN Funkhouser & Co. dba Handy Mart Bob Claytor PO Box 2038 Winchester, VA 22604 540-662-9000
Convenience The 19-unit chain operates locations throughout VA. The convenience stores, with gasoline facilities, occupy spaces of 2,100 sq.ft. to 7,200 sq.ft. in freestanding locations. Growth opportunities are sought throughout the northern Shenandoah Valley area of VA during the coming 18 months. Typical leases run 15 to 25 years. A land area of 1.5 to four acres is required.
Tom Thumb Food Stores, Inc. dba Tom Thumb Jimmy McCarthy III 97 West Okeechobee Road Hialeah, FL 33010 305-885-5451, Fax 305-885-0144 Web site: www.tomthumb.com
Convenience The 15-unit chain operates locations throughout southern FL. The convenience stores, with gasoline facilities, occupy spaces of 2,400 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing market during the coming 18 months.
Dealmakers Magazine | www.dealmakers.net
January 4, 2013 | Page 9
lead sheet Valero Energy Corp. dba Valero and Diamond Shamrock Doug Miller PO Box 696000 San Antonio, TX 78269-6000 Email: doug.miller@valero.com
Convenience The 1,000-unit chain operates locations throughout the southwestern region of the U.S. The convenience stores, with gasoline facilities, occupy spaces of 5,000 sq.ft. in freestanding locations and pad sites. Growth opportunities are sought throughout AZ, CO, LA, NM and TX during the coming 18 months. A land area of 60,000 sq.ft. to 80,000 sq.ft. is required. The company prefers to acquire sites.
Wawa, Inc. dba Wawa Department of Real Estate 260 West Baltimore Pike Wawa, PA 19063-5699 610-358-8000, Fax 610-358-6865 Web site: www.wawa.com
Convenience The 600-unit chain operates locations throughout DE, FL, MD, NJ, PA and VA. The convenience stores, some with gasoline facilities, occupy freestanding locations on a land area of 1.5 to two acres. Growth opportunities are sought throughout DE; Orlando and Tampa Bay, FL; MD; NJ; PA and VA during the coming 18 months.
Dollar General Steve Patten c/o The Proto Group, LLC 116 Washington Avenue North Haven, CT 06473 203-234-6371, Fax 203-234-6372 Email: patten@theprotogroup.com Web site: www.theprotogroup.com
Discount The 10,000-unit chain operates locations nationwide throughout 39 states. The stores, offering discounted general merchandise, occupy spaces of 9,000 sq.ft. to 12,000 sq.ft. in freestanding locations, power and value centers, as well as urban/downtown areas. Growth opportunities are sought throughout New Haven, Litchfield and Fairfield counties in CT and western MA during the coming 18 months, with representation by The Proto Group, LLC. Typical leases run 10 years. A vanilla shell is required.
Salon Boutique Skip Barnes c/o Dalstar Commercial Realty 11300 North Central Expressway, Suite 101 Dallas, TX 75243 214-368-2466, Fax 214-368-2566 Email: sbarnes@dalstarrealty.com Web site: www.dalstarrealty.com
Hair The 15-unit chain operates locations throughout Phoenix, AZ and Dallas and San Antonio, TX. The hair salons, also offering nail care and massage services, occupy spaces of 10,000 sq.ft. to 15,000 sq.ft. in inline spaces of lifestyle, power and strip centers. Growth opportunities are sought throughout AZ, CA, NV and TX during the coming 18 months, with representation by Dalstar Commercial Realty. Typical leases run 10 years.
Berkshire Hathaway dba Helzberg Diamonds Ellen Zellemer 1825 Swift Avenue North Kansas City, MO 64116 816-842-7780, Fax 816-627-1301 Web site: www.helzberg.com
Jewelry The 232-unit chain operates locations nationwide. The jewelry stores occupy spaces of 1,600 sq.ft. to 2,200 sq.ft. in malls and 2,000 sq.ft. to 2,500 sq.ft. in outlet centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Preferred cotenants include fashion retailers.
Fire & Ice, Inc. dba Fire & Ice Robert Levine 9578 Deereco Road Lutherville Timonium, MD 21093 Email: info@fireandice.com Web site: www.fireandice.com
Jewelry The 13-unit chain operates locations throughout MA, MD, PA, VA and Washington, DC. The jewelry stores occupy spaces of 800 sq.ft. to 1,000 sq.ft. in airports and regional centers. Growth opportunities are sought throughout the existing markets, excluding VA, during the coming 18 months. The company prefers site submittals via email.
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lead sheet Michael’s, Inc. dba Michaels Jewelers and Pandora Mark Michaels 150 Mattatuck Heights Waterbury, CT 06705 203-597-4936, Fax 203-597-4990 Web site: www.michaelsjewelers.com
Jewelry The 17-unit chain operates locations throughout CT, NJ and NY. The jewelry stores occupy spaces of 750 sq.ft. to 1,000 sq.ft. in regional malls. Growth opportunities are sought throughout NJ, NY and New England during the coming 18 months.
Staples Jay Cohen c/o L3 Corp. 12655 Olive Boulevard, Suite 220 St. Louis, MO 63141 314-469-7400, Fax 314-576-9768 Email: jay@l3corp.net Web site: www.l3corp.net
Office Supplies The 2,200-unit chain operates locations nationwide and internationally. The office supply stores occupy spaces of 18,000 sq.ft. in freestanding locations, power and strip centers. Growth opportunities are sought throughout MO, excluding Kansas City and the surrounding area, during the coming 18 months, with representation by L3 Corp.
Petco Andrew Feldman c/o KLNB Commercial Real Estate 100 West Road, Suite 505 Baltimore, MD 21204 443-632-2053 Email: afeldman@klnb.com
Pet Supplies The 1,150-unit chain operates locations nationwide. The pet supply stores occupy spaces of 12,500 sq.ft. in freestanding locations, power and strip centers. Growth opportunities are sought throughout MD, northern VA and Washington, DC during the coming 18 months, with representation by KLNB Commercial Real Estate. Typical lease run 10 years. The company prefers to locate in areas with a trade area population of 100,000. For more information regarding expansion throughout DE, contact Ryan Wilner, Email: rwilner@klnb.com.
Justin Brands dba Justin Boot Outlet and Tony Loma Outlet Chuck Schmalbach 610 Daggett Street Ft. Worth, TX 76104 817-348-2953, Fax 817-348-2040 Email: chuck.schmalbach@justinbrands.com Web site: www.justinbrands.com
Shoes The seven-unit chain operates locations throughout MO and TX. The shoe stores occupy spaces of 5,000 sq.ft. to 8,500 sq.ft. in freestanding locations, strip centers and downtown areas. Growth opportunities are sought throughout AR, MO, NM and TX during the coming 18 months.
M & J Shoes, LLC dba Marty’s Shoes John Adams and Gary Kennedy 121 Carver Avenue Westwood, NJ 07675 201-497-6634 Email: shoes@martyshoes.com Web site: www.martyshoes.com
Shoes The 24-unit chain operates locations throughout NJ and NY. The family shoe stores occupy spaces of 4,000 sq.ft. to 6,000 sq.ft. in freestanding locations, specialty and strip centers. Plans call for six openings throughout the existing markets during the coming 18 months. Typical leases run 15 years. A vanilla shell and specific improvements are required. Major competitors include DSW, Famous Footwear and department stores.
Shoe Carnival, Inc. dba Shoe Carnival Mike Smith 7500 East Columbia Street Evansville, IN 47715 812-867-4260, 812-471-9864 Web site: www.shoecarnival.com
Shoes The 350-unit chain operates locations nationwide throughout 33 states in the Midwest, western, southern and southeast regions. The stores, offering family footwear and accessories, occupy spaces of 8,000 sq.ft. to 12,000 sq.ft. in power and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 10 years with options. A turnkey is required. Preferred cotenants include Ross Dress for Less, Old Navy, Target, Kohl’s, JC Penney and T.J. Maxx. Preferred demographics include a trade area population earning $40,000 to $70,000 as the median household income. Major competitors include Famous Footwear and Rack Room Shoes.
Dealmakers Magazine | www.dealmakers.net
January 4, 2013 | Page 11
lead sheet Dr. Dental Neil Goldstein c/o The Goldstein Group 45 Eisenhower Drive Paramus, NJ 07652 201-703-9700 Ext. 112, Fax 201-703-9678 Email: ngoldstein@thegoldsteingroup.com Web site: www.thegoldsteingroup.com
Specialty The 30-unit chain operates locations throughout CT, MA, NH and NJ. The family dentistry facilities occupy spaces of 1,500 sq.ft. to 3,000 sq.ft. in regional outlet and strip centers. Growth opportunities are sought throughout central and northern NJ during the coming 18 months, with representation by The Goldstein Group. Preferred cotenants include Shop Rite and Stop & Shop.
Sweet & Sassy Michael DePetris c/o Legend Properties, Inc. 521 Plymouth Road, Suite 118 Plymouth Meeting, PA 19462 215-599-0312 Web site: www.lpre.com
Specialty The 19-unit chain operates locations throughout CO, FL, GA, IL, MI, MO, NC, NJ, NY,OH, PA, TN and TX. The shops, featuring a young girls themed beauty salon, as well as offering birthday party celebrations, occupy spaces of 3,000 sq.ft. to 4,000 sq.ft. in lifestyle centers. Growth opportunities are sought throughout southern NJ and the suburban Philadelphia, PA area during the coming 18 months, with representation by Legend Properties, Inc. The company prefers sites with at least 30 feet of frontage.
VA ABC John Mitchell c/o JBG Rosenfeld Retail Properties, LLC 4445 Willard Avenue, Suite 700 Chevy Chase, MD 20815 301-657-0700 Email: jmitchell@jbgr.com
Specialty The 330-unit chain operates locations throughout VA. The liquor stores occupy spaces of 2,500 sq.ft. to 4,500 sq.ft. in various retail settings. Growth opportunities are sought throughout the existing market during the coming 18 months, with representation by JBG Rosenfeld Retail Properties, LLC.
The Pro Image Jake Riley 233 North 1250 West, Suite 200 Centerville, UT 84014 801-296-9999, Fax 801-296-1319 Email: info@proimage.net Web site: www.proimage.net
Sporting Goods The 107-unit chain operates locations nationwide. The sporting good stores occupy spaces of 1,500 sq.ft. in malls and outlet centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run seven to 10 years. Preferred cotenants include Foot Locker and Finish Line.
The Vitamin Shoppe Tom Woods or Brian Woods c/o Colliers International 2390 East Camelback Road, Suite 100 Phoenix, AZ 85016 602-222-5031/5026 Email: tom.woods@colliers.com
Vitamins The 560-unit chain operates locations nationwide. The stores, offering vitamins, minerals and supplements, occupy spaces of 3,000 sq.ft. in freestanding locations, pad sites and corner locations. Growth opportunities are sought throughout AZ during the coming 18 months, with representation by Colliers International.
The preceding leads have been verified by calls made to or written submittals from the respective retailers during the weeks prior to publication. Since the majority of chains featured in Lead Sheet are small in size, some changes in their expansion plans should be expected. To be included in an upcoming issue, just fax a note or call us with the details. Our fax number is (609-587-3511) and you can reach us by phone at (609-587-6200) or email at ann@dealmakers.net. Page 12 | January 4, 2013
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Connecticut
Connecticut
Stockton – A 5,300 sq.ft. freestanding building is available along Wilson Way. The asking rent is $1.50 psf monthly. For more information, contact Ben Rishwain or Andy Hodgson, Colliers International; 209-475-5130/5129, Fax 209-475-5102.
include a population of 90,936 within two miles earning an average household income of $43,751. For more information, contact Jeremy Felt, Sullivan Hayes Cos.; 860- 470-1980; Email: jfelt@sullivanhayesne.com; Web site: www. sullivanhayesne.com.
include a population of 66,568 within three miles earning an average household income of $77,637. Area draws include Buckland Hills Mall. Mansfield – Storrs Road Plaza, located at the intersection of Storrs Road and Highway 6, has a 1,750 sq.ft. inline space available. Cotenants include Big Y Supermarket, Verizon Wireless, H&R Block and Angellino’s. Area demographics include a population of 35,124 within three miles earning an average household income of $77,442. The center is adjacent to East Brook Mall, anchored by T.J. Maxx and JC Penney. For more information, contact Richard P. Hayes, Jr., Hayes Kaufman;1471 Pleasant Valley Road, Manchester, CT 06042; 860646-0131; Email: rich@hayesdevelopers.com or Robert Goldfeder, Basser Kaufman, 151 Irving Place, Woodmere, NY 11598; 516-569-3700 Ext. 127; Email: robert@basserkaufman.com.
Connecticut Hartford – Hartford 21, a mixed-use project located at the intersection of Trumbull Street and Asylum Street, has spaces available from 487 sq.ft. to 8,205 sq.ft. Area demographics
Manchester – Buckland Plaza, a 139,428 sq.ft. neighborhood strip center located along Tolland Turnpike, has a 4,600 sq.ft. pad site available. Cotenants include BJ’s Wholesale Club and Manchester Liquor. Area demographics
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mAy 19-22, 2013 | lAs veGAs, NevAdA the dealmakers will be distributed at ICSC RECon The Global Retail Real Estate Convention in Las Vegas, NV, delivering your advertising message to the real decision makers. Our readers respond and our advertisers get results. set the stAGe Book appointments in advance by placing your ad in The Dealmakers May 10th pre-show issue, telling everyone you’re ready to make deals! mAke A stAtemeNt Your ad will be hand-delivered to every attendee’s hotel room by 6 a.m. opening day and The Dealmakers May 24th show issue gets exposure on the show floor! FOllOw UP In addition to powerhouse companies that read The Dealmakers every week, the June 7th post-show issue is mailed to attendees — giving you added exposure!
For more information, call 1-800-732-5856 • www.dealmakers.net Page 14 | January 4, 2013
Greenville – Powder Mill Square, a 58,296 sq.ft. mixed-use center located along Kennett Pike, has spaces of 1,465 sq.ft. to 4,225 sq.ft. available, as well as an endcap. Cotenants include Brew Ha-ha!, Chico’s and Cosi. Area demographics include a population of 174,359 within five miles earning $89,416 as the average household income. For more information, contact Gloria Mercado, Stoltz, 725 Conshohocken State Road, Bala Cynwyd, PA 19004; 888-7773557 Ext. 155, Fax 610-664-1976; Email: gmercado@stoltzusa.com.
Florida Ft. Myers – The Shoppes at Fiddlesticks, located along Fiddlesticks Boulevard, has spaces available of 1,875 sq.ft. and 3,750 sq.ft. The Publix-anchored center has a daily traffic count of 54,896 vehicles. For more information, contact Tracy Worrell, Crossman & Co., 3333 South Orange Avenue, Orlando, FL 32806; 407581-6219; Email: tworrell@crossmanco.com. Miami – Shoppes @ 104, a Winn-Dixieanchored center located along 104th Street, has a 1,400 sq.ft. space available. Cotenants include Navarro Discount Pharmacy. Also – Shoppes at Westbury, located at the intersection of 137th Avenue and 96th Street, has spaces of 850 sq.ft. to 900 sq.ft. available. Cotenants include Pizza Hut and Pollo Tropical. For more information, contact David Behar, Behar Real Estate Group, Inc., 18321 Dealmakers Magazine | www.dealmakers.net
space place Florida
Indiana
Michigan
West Dixie Highway, Suite 204, Miami, FL 33160; 305-933-0614, Fax 305-933-0615; Email: david@beharrealestategroup.com.
miles earning a median household income of $70,127. For more information, contact Christian Conville, Echo Retail, 11711 North Meridian Street, Suite 360, Carmel, IN 46032; 317218-8102; Email: cconville@echoretail.com.
For more information regarding Hampton Village, contact Brian Mychajluk, Brixmor, 22054 Farmington Road, Farmington, MI 48336; 248-442-5938; Email: brian. mychajluk@brixmor.com. For more information regarding Green Acres, contact Eric Koche; 248-442-5929; Email: eric. koche@brixmor.com.
Naples – Golden Gate Shopping Center, located along Golden Gate Parkway, has spaces available. Cotenants include Winn Dixie, Family Dollar, Radio Shack, Dairy Queen and Papa John’s. Area demographics include a population of 108,550 within five miles earning an average household income of $75,920. For more information, contact Gator Investments, 1595 NE 163rd Street, North Miami Beach, FL 33162; 877-459-9605; Email: sales@gatorinvestments.com.
Illinois Chicago – An 800 sq.ft. storefront is available along North Ashland Avenue. Area retailers include Staples, Kmart, Dunkin Donuts and Subway. The average daily traffic count is 27,200 vehicles. For more information, contact Heide Schulz, The Lord Cos., LLC; 312-944-6270 Ext. 14. Chicago – A mixed-use project, located at the intersection of 35th Street and State Street, has space available. Cotenants include Starbucks and Jimmy John’s. For more information, contact Doug Renner or Tim Driver, Baum Realty Group, 1030 West Chicago Avenue, Chicago, IL 60642; 312-275-3137/3114; Emails: doug.renner@baumrealty.com and tim@baumrealty.com. Rosemont – A strip center, located at the intersection of Touhy and Chestnut, has spaces available of 1,275 sq.ft. and 1,540 sq.ft. Cotenants include Jimmy John’s and Trattoria Raccanto. For more information, contact Ken Robberechts, Adam Secher or Allen Joffe, Baum Realty Group, 1030 West Chicago Avenue, Chicago, IL 60642; 312-275-3103/3130/3120; Emails: ken@baumrealty.com, adam@baumrealty.com and allen@baumrealty.com.
Indiana Indianapolis – Plaza at Castleton, located at the intersection of Allisonville Road and 86th Street, has spaces of 1,200 sq.ft. and 8,316 sq.ft. available. Cotenants include Buffalo Wild Wings, REI, DXL Casual Male and One World Market. Area demographics include a population of 163,852 within five Dealmakers Magazine | www.dealmakers.net
Kansas
Mississippi
Overland Park – Spaces of 2,001 sq.ft. to 3,500 sq.ft. are available in a shopping center located at the intersection of Metcalf Avenue and 135th Street. Anchors include JC Penney, Von Maur, Lifetime Fitness and Sprouts Farmers Market. Cotenants include Men’s Warehouse, Verizon Wireless, Buffalo Wild Wings and Bruegger’s Bagels. For more information, contact Max Kosoglad, Block & Co. Inc., 605 West 47th Street, Suite 200, Kansas City, MO 64112; 816-412-7363, Fax 816-412-7400; Email: mkosoglad@blockandco.com; Web site: www.blockandco.com.
Tunica Resorts – Casino Outlets, a 161,900 sq.ft. outlet center located along Highway 61 North, has spaces available of 1,800 sq.ft. to 6,000 sq.ft. Cotenants include Bass, GNC, Nautica, IZOD, Old Navy, Rue 21, Zales, Wilson Leather, Hibbett Sports and dressbarn. For more information, contact Mark Curcio, Stoltz, 725 Conshohocken State Road, Bala Cynwyd, PA 19004; 888-7773557 Ext. 150, Fax 610-664-1976; Email: mcurcio@stoltzusa.com.
Maine
New Jersey
Buxton – Pad sites are available along Portland Road in a Hannaford-anchored shopping center. Scarborough – A 2,836 sq.ft. space is available in a shopping center located along Hannaford Drive. Area retailers include Pat’s Pizza, TD Bank and McDonald’s. The asking rent is $13.50 psf NNN. York – A four-acre parcel is available at a shopping center located along U.S. Route 1. For more information, contact Drew Sigfridson or Tony McDonald, CBRE | The Boulos Co., 207-772-1333; Emails: dsigfridson@boulos.com and tmcdonald@boulos.com.
Barrington – A 2,200 sq.ft. freestanding former restaurant is available along White Horse Pike. Area retailers include Home Depot, Sears, Pathmark and PetSmart. Area demographics include a population of 48,718 within two miles earning an average household income of $83,374. The average daily traffic count is 34,920 vehicles. For more information, contact Steven J. DePetris, Legend Properties, Inc., 201 Barclay Pavillion West, 1409 Route 70 East, Cherry Hill, NJ 08034; 856-231-1010; Email: sdepetris@lpre.com.
Michigan Rochester Hills – Hampton Village Centre, a 454,747 sq.ft. shopping center located along South Rochester Road, has spaces available from 1,000 sq.ft. to 4,123 sq.ft. Cotenants include Target, Best Buy, Kohl’s, DSW, ULTA and Olive Garden. Area demographics include a population of 185,560 within five miles earning an average household income of $100,998. The average daily traffic count is 42,100 vehicles. Saginaw – Green Acres, a 281,646 sq.ft. shopping center located along State Street, has spaces available from 1,003 sq.ft. to 38,338 sq.ft. Cotenants include Planet Fitness, Rite Aid, Kroger and UPS. Area demographics include a population of 105,847 within five miles earning an average household income of $52,437.
Bayonne – Bayonne Crossing, located along Route 440, has a 2,034 sq.ft. space with a drive-thru available. Cotenants include Lowe’s, Walmart and New York Sports Club. For more information, contact Kevin Langan, Matt Valenti, Carole Iseneker or Jon Dower, Cameron Group LLC; 315362-8817/8823/8820/8818; Emails: langan@cameronllc.com, matt@cameronllc.com, carole@cameronllc.com and jon@cameronllc.com. Gloucester County – Marketplace at Chews Landing, located along Chews Landing Road, has spaces up to 5,400 sq.ft. available, along with a 3,000 sq.ft. restaurant space. Cotenants include Shop Rite, Dollar General, Children of America, Pet Valu and Dunkin Donuts. The average daily traffic count is 21,000 vehicles. (continued on page sixteen)
January 4, 2013 | Page 15
space place New Jersey (continued from page fifteen)
Area demographics include a population of 97,671 within three miles earning an average household income of $65,646. Haddon Township – Westmont Plaza, a 192,254 sq.ft. shopping center located along West Cuthbert Boulevard, has up to 63,000 sq.ft. of anchor space available. Inline spaces of 2,000 sq.ft. to 6,350 sq.ft. are also available, in addition to a proposed 2,450 sq.ft. pad site. Cotenants include Dollar Tree, Party Fair, Game Stop and Friendly’s. Area demographics include a population of 133,573 within three miles earning an average household income of $70,356. For more information, contact Nicole Johnson, Paramount Realty Services, Inc., 1195 Route 70, Lakewood, NJ 08701; 732-961-8123, Fax 732-886-1690; Email: njohnson@prs-nj.com. Web site: www.prs-nj.com. Hamilton – The Shoppes at Hamilton, a 125,035 sq.ft. lifestyle center located along Route 130, has spaces of 1,135 sq.ft. to 5,860 sq.ft. available. Cotenants include Chico’s, Banana Republic, Lane Bryant, New
New Jersey York & Co., Jos A. Bank and Cheeburger Cheeburger. Area demographics include a population of 138,423 within five miles earning an average household income of $89,723. For more information, contact Gloria Mercado, Stoltz, 725 Conshohocken State Road, Bala Cynwyd, PA 19004; 888-7773557 Ext. 155, Fax 610-664-1976; Email: gmercado@stoltzusa.com. Ventnor – A pad site and a divisible space of 10,000 sq.ft. are available along Wellington Avenue. The asking rent is $8 to $16 psf. For more information, contact Solomon Builders, PO Box 2036, Teaneck, NJ 07666; 201-308-5770; Email: jvogel@solomonb.com.
New York New York – A 900 sq.ft. storefront is available along Broome Street. Area retailers include Mooncake Foods and Cipriani. For more information, contact Brendan Gotch and Michael Hefferon, Massey Knakal, 275 Madison Avenue, New York, NY 10016; 212-696-2500; Emails:
Let the DeaLmakerS’ e-maiL ForumS LeaSe anD SeLL Your ProPertY For Free
New York bgotch@masseyknakal.com mhefferon@masseyknakal.com.
and
Pennsylvania Chambersburg – Pad sites of 1.4 and 1.58-acres are available along Wayne Avenue. Area retailers include CVS Pharmacy. Area demographics include a population of 49,994 within five miles earning an average household income of $57,173. For more information, contact Susan McGee, Divaris Real Estate, 11820 Parklawn Drive, Rockville, MD 20852; 301-2314877 Ext. 28, Fax 301-231-5854; Email: smcgee@divaris.com. Philadelphia – Chestnut Square, a mixeduse center located along Chestnut Street, has spaces available of 2,550 sq.ft. and 2,850 sq.ft. Area draws include Drexel University. For more information, contact Jacob Cooper or Michael Salove, MSC, 1845 Walnut Street, 6th Floor, Philadelphia, PA 19103; 215-568-2600 Ext. 714/717; Emails: jcooper@salove.com and msalove@salove.com.
Rhode Island Cranston – The Center at Atwood Ave, a 29,778 sq.ft. shopping center, located along Atwood Avenue, has a 2,658 sq.ft. space available. Cotenants include Rite Aid, Supercuts, Advance Auto Parts and Hollywood Nails. Area demographics include a population of 117,943 within three miles earning an average household income of $56,309. The average daily traffic count is 21,800 vehicles. Area retailers include Stop & Shop, CVS and Dunkin Donuts. For more information, contact Melanie Medeiros or Graham Smith, Eagle Rock Retail; 617-553-1982/1980; Emails: melanie@eaglerockretail.com and graham@eaglerockretail.com.
Texas
Join over 118,900 members looking to acquire, sell, lease and Over 1.5 finance all types of commercial real estate. We’re the place to milliOn list your center’s availabilities and to find that perfect site. no unique matter the economy, these forums make sense and, best of all, visitOrs tO dealmakers.net they’re free! e per year!
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Austin – Anna Plaza, located at the intersection of Highway 183 and Highway 45, has spaces available of 900 sq.ft. to 3,630 sq.ft. Walmart Supercenter, Office Depot and Lowe’s anchor the center. Area demographics include a population of 81,009 within three miles earning an average household income of $92,310. The site has an average daily traffic count of 137,340 vehicles. The asking rent ranges between $22 and $24 psf. For more information, contact (continued on page eighteen)
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retailers lOOking fOr lOcatiOns How accurate is the information? Online information is updated daily. The CD-ROM is burned the day of your order. All listings are verified by phone, mail or fax with the retailer and updated in the past nine months. What types of chains are in TenantSearch? Tenant Search includes national and regional chains in addition to local chains with 60+ types of retail uses. Can the info be used with other software? All information on the CD-ROM can be exported into Excel, ACT, Access and Ascii. All information from searches online can be saved to your hard drive. Do I need any other software? You can use TenantSearch’s self-loading CD-ROM to print reports, labels and letters; look up by name, use, store size, etc., plus you can save searches. You can use any Web browser online, access up-todate information, print letters and save searches. Get the details on over 7,000 retailers. TenantSearch provides: Contact Name for Director of Real Estate or Tenant Rep; Parent Company; Trade Name(s); Address; Phone; Fax; Email; Web site; Number of Stores in the Chain; States where the stores operate; Projected store openings in the next 18 months; States of interest for new sites; description of merchandise; Customer profile and competition; Demographic requirements; Preferred type of site; Lease terms; Preferred cotenants.
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space place Texas (continued from page sixteen)
Andrew Perkel, Retail Solutions, 3724 Executive Center Drive, Suite 220, Austin, TX 78731; 512-474-5557; Email: andrew@retailsolutions.us. Fort Worth – Shops at Hulen, a 28,344 sq.ft. center located along South Hulen Street, has spaces available from 1,500 sq.ft. to 7,962 sq.ft. Cotenants include Dots, Payless Shoe Source and Sally Beauty. Area demographics include a population of 98,251 within three miles earning an average household income of $73,614. The average daily traffic count is 29,425 vehicles. North Richland Hills – Precinct Village, a 32,248 sq.ft. center located along Precinct Line Road, has space available from 1,100 sq.ft. to 6,027 sq.ft. Area retailers include Target Supercenter. Area demographics include a population of 67,372 within three miles earning an average household income of $131,978. The average daily traffic count is 25,831 vehicles. For more information, contact Jon McDaniel or Kornel Romada, NAI Robert Lynn, 301 Commerce Street,
Texas
Texas
Suite 2360, Ft. Worth, TX 76102; 817872-3902/3904, Fax 214-256-7101; Emails: jmcdaniel@robertlynn.com and kromada@robertlynn.com.
Emails: mason.bishop@transwestern.net and zach.berman@transwestern.net.
Lake Worth – Star Village Commons, located along Boat Club Road, has spaces available. Area retailers include Walmart and Home Depot. Area demographics include a population of 150,492 within five miles earning an average household income of $67,825. Plano – Duck Creek Shopping Center, located at the intersection of Arapaho Road and Jupiter Road, has spaces available. Cotenants include ACE Hardware and Dollar General. Area demographics include a population of 104,894 within three miles earning an average income of $71,084. For more information regarding the Lake Worth center, contact Steve Williamson or Ben Witten, Transwestern Retail Services Group; 972-774-2511/2593; Emails: steve.williamson@transwestern.net and ben.witten@transwestern.net. For more information regarding the Plano center, contact Mason Bishop or Zach Berman; 972-774-2507/2513;
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Pearland – Pearland Plaza, a 156,661 sq.ft. shopping center located along East Broadway, has two spaces of 2,000 sq.ft. available, as well as a space of 2,780 sq.ft. Cotenants include Petco, Harbor Freight Tools, Walgreens and Palais Royal. Area demographics include a population of 59,874 within three miles earning an average household income of $87,805. For more information, contact Dianne Colella, Brixmor, 3901 Bellaire Boulevard, Houston, TX 77025; 713-660-4312; Email: diane.colella@brixmor.com.
Washington, DC A space of 7,337 sq.ft. is available along Columbia Road. Area demographics include a population of 89,956 within one mile earning $79,593 as the average household income. For more information, contact Richard Greenberg, Greenhill Realty Co., 4901 Fairmont Avenue, Suite 200, Bethesda, MD 20814; 301-657-2525 Ext. 29; Email: rgreenberg@greenhillcompanies.com.
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