Reporting The Nation’s Weekly News on Retailing & Retail Real Estate Volume XXIX No. I
January 10, 2014
FEATURING home-related Chains Expand Nationwide Railroad Salvage Co. trades as Railroad Store at one location in CT. The company offers living room, dining room and bedroom furniture, as well as home décor items, and occupies spaces of 20,000 sq.ft. to 25,000 sq.ft. in freestanding locations and power centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Preferred demographics include a population of 100,000 within 10 miles. For more information, contact Alan Vine, Railroad Salvage Co., PO Box 99, Northford, CT 06472; 203-484-2600, Fax 203-484-9074; Web site: www.railroadstores.com. Kelly-Moore Paint Co., Inc. operates locations throughout AR, AK, CA, ID, NV, OK, OR and TX. The stores, offering paints and related supplies, occupy spaces of 3,000 sq.ft. to 10,000 sq.ft. in freestanding locations and strip centers. Plans call for 10 to 15 openings throughout northern CA during the coming 18 months, with representation by Northgate Commercial Real Estate. Typical leases run five to 10 years with four, five-year options. A vanilla shell and specific improvements are required. Major competitors include Sherwin-Williams and Dunn Edwards. For more information, contact Chris Santana, Northgate Commercial Real Estate, 6506 Pacific Avenue, Stockton, CA 95207; 209-477-4411, Fax 209-476-7344; Email: chris@northgatecre.com.
Country Curtains, Inc. trades as Country Curtains at 26 locations throughout CT, DE, IL, MA, MD, NH, NJ, NY, OH, RI, VA and VT. The stores, offering window treatments and related accessories, occupy spaces of 3,500 sq.ft. to 4,000 sq.ft. in freestanding locations, lifestyle centers and downtown areas. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run five years. A vanilla shell is required. Preferred demographics include a trade-area population earning $75,000 as the average household income. For more information, contact Marilyn Hansen, Country Curtains, Inc., 705 Pleasant Street, Lee, MA 01238; 413-243-1474, Fax 413-243-0616; Email: mhansen@countrycurtains.com; Web site: www.countrycurtains.com. Continental Rental, Inc. trades as Continental Rental at 22 locations throughout MI. The stores, offering the rental and sale of appliances, furniture, electronics and computers, occupy spaces of 4,000 sq.ft. to 5,000 sq.ft. in freestanding locations, malls and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. For more information, contact John Theiler, Continental Rental, Inc., PO Box 1308, Bay City, MI 48706; 989-686-7011, Fax 989-686-8785; Web site: www.buywithoutdebt.com. (continued on page eight)
This issue contains information on: • Retailers operating 28,874 locations with plans to open 1,526 sites • Real estate valued in excess of $100 million to be bought, sold & financed • Leasing activity on over 6.9 million sq.ft. of retail properties s Postmaster: Periodical New nt a te rt di Impo se Expe Plea
national focus New Construction Madison Farms to open in 2015 with ShopRite as the anchor....... Pg. 3 BKR Retail preleases redevelopment in northern NJ............................... Pg. 3 Buyers and Sellers Colliers International brokered $26 million sale.......................... Pg. 4 Food Chains Expand Sansei Japan plans 15 openings nationwide................................. Pg. 5 Who’s Opening and Where Dollar General plans 700 openings..................................... Pg. 6 Rolex to enter TX........................ Pg. 6 Making the News Paramount Realty Services taps leasing talent.............................. Pg. 7 Lease Signings Sandor inks anchor deal with Ollie’s........................................ Pg. 7 Exclusives Edge Realty Partners reps Lane Bryant in southern CA and NV... Pg. 8 Lead Sheet Big Lots plans 50 openings in upstate NY Pg. 11 Variety Wholesalers to enter FL and IN Pg. 11 Tractor Supply Co. to open 160 stores.......................................... Pg. 12 Space Place................................ Pg. 14