Reporting The Nation’s Weekly News on Retailing & Retail Real Estate Volume XXVIII No. II
January 11, 2013
FEATURING apparel Chains Expand Nationwide Dots operates 415 locations throughout the Northeast, Midwest, Southeast and Mid-Atlantic regions, as well as in TX. The stores, offering juniors, misses and plus size apparel, as well as accessories and footwear, occupy spaces of 4,000 sq.ft. to 5,000 sq.ft. in various retail settings. Growth opportunities are sought throughout DE, NJ and PA during the coming 18 months, with representation by Metro Commercial Real Estate. For more information, contact Donna Drew, Metro Commercial Real Estate, 161 Washington Street, Suite 375, Conshohocken, PA 19428; 610-825-5222; Email: ddrew@metrocommercial. com; Web sites: www.metrocommercial.com and www.dots.com. Cache, Inc. trades as Cache at 250 locations nationwide. The stores, offering lifestyle, sportswear and dress apparel for women aged 25 to 45 years, as well accessories, occupy spaces of 2,000 sq.ft. in upscale regional malls, malls and lifestyle centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run 10 years. Preferred cotenants include Bloomingdale’s, Neiman Marcus, Nordstrom and Saks. The company is site-selective. For more information, contact Dawn Balopole, Cache, Inc., 1440 Broadway, 5th Floor, New York, NY 10018; 614-939-5177, Fax 614-9395189; Web site: www.cache.com.
Rainbow operates 1,100 locations nationwide, in addition to Puerto Rico and the Virgin Islands. The stores, offering discounted juniors, plus size and children’s apparel, occupy spaces of 5,000 sq.ft. to 10,000 sq.ft. in power and strip centers. Growth opportunities are sought throughout KS and MO during the coming 18 months, with representation by L3 Corp. For more information, contact Jay Cohen, L3 Corp., 12655 Olive Boulevard, Suite 220, St. Louis, MO 63141; 314469-7400, Fax 314-576-9768; Email: jay@l3corp.net; Web sites: www.l3corp.net and www.rainbowshops.com. Kidstown operates five locations throughout NJ and NY. The children’s department stores, offering apparel, footwear, toys, baby furniture and related accessories, occupy spaces of 10,000 sq.ft. to 20,000 sq.ft. in outlet centers and urban/ downtown areas. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 25 years. A vanilla shell is required. Preferred cotenants include national retailers with budget to moderate price points. For more information, contact Sammy Botton, Kidstown, 450 7th Avenue, Suite 1401, New York, NY 10123; 212-564-1616 Ext. 27, Fax 212-6300502; Email: sbotton@kidstownusa.com; Web site: www.kidstownusa.com. (continued on page eight)
This issue contains information on: • Retailers operating 22,881 locations with plans to open 1,642 sites • Real estate valued in excess of $123 million to be bought, sold & financed • Leasing activity on over 1.89 million sq.ft. of retail properties s Postmaster: Periodical New nt a te rt di Impo se Expe Plea
national focus New Construction Jacobs Enterprises to redevelop mixed-use site in NJ.................... Pg. 3 Buyers & Sellers Kimco acquires Albertsonsanchored center in San Diego, CA.............................................. Pg. 4 Food Retailers Expand Burger 21 to enter Atlanta, GA Las Vegas, NV, eastern CO and continue growth in FL................. Pg. 5 YaYa Flame Broiled Chicken to go national................................. Pg. 5 Sources of Financing Pembrook Capital places two loans on retail sites in MS and NM............................................. Pg. 6 Making The News Draper & Kramer merges with Mallon & Associates................... Pg. 6 Brauvin Real Estate appoints senior director of acquisitions..... Pg. 6 Lease Signings Goodman Real Estate Services brokers deal with Famous Footwear in OH......................... Pg. 6 Who’s Opening & Where Lululemon plans eight openings in the U.S................................... Pg. 7 Exclusives Royal Properties reps XSport Fitness in NJ and NY................... Pg. 8 Lead Sheet Variety Wholesalers to enter northern FL and IN..................... Pg. 11 Uno De 50 plans 12 openings
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