Reporting The Nation’s Weekly News on Retailing & Retail Real Estate
Volume XXIV No. I
January 9, 2009
Home-Related Chains Expand Nationwide Lemoyne Sleeper Co., Inc. trades as Lemoyne Sleeper at 12 locations throughout PA. The stores, offering mattresses and bedroom furniture, occupy spaces of 9,000 sq.ft. to 10,000 sq.ft. in freestanding locations, malls and power, specialty and strip centers. Growth opportunities are sought throughout northern MD and between Philadelphia and Pittsburgh, PA during the coming 18 months. Typical leases run five years with a five-year option. A vanilla shell is required. Preferred cotenants include Wal*Mart, Kmart, Target and Circuit City. Preferred demographics include a population of 65,000 within five miles earning $27,000 as the average household income. For more information, contact Andy Pearlman, Lemoyne Sleeper Co., Inc., 57 South Third Street, PO Box 227, Lemoyne, PA 17043; 717-763-1630, Fax 717-763-1634; Email: info@lemoynesleeper.com; Web site: www.lemoynesleeper.com. Amazing Sleep Systems, Inc. trades as The Bed Store at eight locations throughout TN. The stores, offering mattresses and bedding, occupy spaces of 2,500 sq.ft. to 4,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. The company is franchising. For more information, contact Roger Cunningham, Amazing Sleep Systems, Inc., 7511 Chapman Highway, Knoxville, TN 37920; 865-609-7963, Fax 865-577-1503.
Hank’s Furniture, Inc. trades as Hank’s Fine Furniture at 17 locations throughout AL, AR, FL, MO and TX. The stores, offering sofas, bedroom and dining room furniture, entertainment and home office accessories, in addition to children’s furniture and home accents, occupy spaces of 30,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. Preferred demographics include a population of 50,000 within three miles earning $28,000 as the average household income. A land area of two acres is required. For more information, contact Steve Roberts, Hank’s Furniture, Inc., 5708 Warden Road, Sherwood, AR 72120; 501-565-3561, Fax 501565-0236; Web site: www.hanksfurniture.com. Butler Carpet Co. trades as Bob’s Carpet Mart at 10 locations throughout FL. The stores, offering carpet and area rugs as well as hardwood, vinyl, laminate and tile floorings, occupy spaces of 5,000 sq.ft. to 17,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing market and within a 50 to 60 mile radius of Clearwater during the coming 18 months. Typical leases run five years with a five-year option. For more information, contact Bert Butler, Butler Carpet Co., 10815 U.S. Highway 19 North, Clearwater, FL 33764; 727571-9998, Fax 727-571-3727; Web site: www.bobscarpet.com. (continued on page seven)
This issue contains information on:
* Retailers operating 27,268 locations with plans to open 1,558 sites * Real estate valued in excess of $53.38 million to be bought, sold & financed * Leasing activity on over 5.194 million sq.ft. of retail properties
Important News Please Expedite
Postmaster: Periodical
Featuring New Construction Richard Development is preleasing two centers located in Houma, LA........................ Pg. 3 Metroscape Real Estate is preleasing a center in Lynwood, CA........................ Pg. 3 Openings Boloco is slated to open restaurants throughout New England this year................... Pg. 4 Verizon Wireless will occupy a former Hardee’s in Fairview Heights, IL............................. Pg. 4 Buyers & Sellers Mid-America Real Estate Corp. looks to acquire development sites throughout the Chicago, IL metropolitan area............... Pg. 5 Lease Signings LaKritz-Weber & Co. negotiated a lease with Edward Jones in Canton, MI............................. Pg. 6 In The News The Cafaro Co. hired Robert P. McGovern as senior leasing representative........................ Pg. 8 Food Retailers Expand Mel’s Drive-In looks for locations throughout southern and San Francisco, CA and Las Vegas, NV....................... Pg. 8 Lead Sheet Wag-A-Bag looks to open convenience stores throughout TX....................... Pg. 9 H.H. Gregg plans to open locations throughout FL and NC.................................. Pg. 10 Space Place........................... Pg. 13
For more news go to: www.dealmakers.net