Reporting The Nation’s Weekly News on Retailing & Retail Real Estate
Volume XXIV No. III
January 23, 2009
Apparel Chains Expand Nationwide National Jean Co. operates 15 locations throughout CT, IN, MA, OH and VA as well as the five boroughs of New York, NY. The stores, selling designer jeans, occupy spaces of 2,000 sq.ft. to 3,000 sq.ft. in endcaps of lifestyle centers and malls. Growth opportunities are sought throughout the coastal areas of NJ and Long Island and the five boroughs of New York, NY during the coming 18 months, with representation by Sholom & Zuckerbrot Realty, LLC. The company will consider acquiring sites. Syms operates 32 locations throughout CT, FL, GA, IL, MA, MD, MI, NJ, NY, PA, RI, TX and VA. The stores, selling designer clothing for men, women and children, occupy spaces of 15,000 sq.ft. to 30,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout Long Island, Rockland, Westchester and the five boroughs of New York, NY during the coming 18 months, with representation by Sholom & Zuckerbrot Realty, LLC. Spaces of 15,000 sq.ft. to 22,000 sq.ft. are required for the five boroughs of New York, NY and spaces of 20,000 sq.ft. to 30,000 sq.ft. are required for Long Island, Rockland and Westchester, NY. The company prefers to acquire sites. For more information, contact Marc Durst, Sholom & Zuckerbrot Realty, LLC, Kaufman Astoria Studios, 35-11 35th Avenue, Long Island City, NY 11106; 718-392-5959 Ext. 122, Fax 718-937-6546; Email: mdurst@s-z.com; Web sites: www.nationaljeancompany.com and www.syms.com.
Pink Ice California Dream Co., Inc. trades as Pink Ice and Pinkywear at nine locations throughout CA. The stores feature juniors apparel. Pinkywear occupies spaces of 5,000 sq.ft. to 8,000 sq.ft. in neighborhood centers and openair malls. Pink Ice occupies spaces of 5,000 sq.ft. to 8,000 sq.ft. in enclosed malls. Growth opportunities are sought for the Pink Ice brand throughout southern CA during the coming 18 months, with representation by Strategic Retail Advisors. Typical leases run for 10 years. A vanilla shell is required. Major competitors include Forever 21. For more information, contact Blaine Bush, Strategic Retail Advisors, 567 Nicolas Drive, Suite 300, Newport Beach, CA 92660; 949640-6678 Ext. 18, Fax 949-640-6696; Email: blaine@strategicretailadvisor.com; Web site: www.strategicretailadvisor.com. American Apparel operates 240 locations nationwide and internationally, including 35 throughout Canada. The clothing stores, selling basics for young adults, occupy spaces of 3,000 sq.ft. in malls and lifestyle centers. Plans call for 10 openings throughout Canada during the coming 18 months, with representation by Think Retail. For more information, contact Tony Flanz, Think Retail, 6600 Decarie Boulevard, Suite 210, Montreal, Quebec, CN H3X 2K4; 514-731-7936, Fax 514-731-0122; Email: tflanz@thinkretail.ca; Web site: www.thinkretail.ca. (continued on page thirteen)
This issue contains information on:
* Retailers operating 27,886 locations with plans to open 2,782 sites * Real estate valued in excess of $54.9 million to be bought, sold & financed * Leasing activity on over 5.06 million sq.ft. of retail properties
Important News Please Expedite
Postmaster: Periodical
Featuring ICSC Heartland States Idea Exchange Buyers & Sellers ARC Properties, Inc. is looking to acquire development parcels from one acre to 200 acres along the East Coast from Washington, DC to NJ... Pg. 3 The Beck Co. is looking to acquire shopping centers throughout southern CA........ Pg. 5 Openings Max-Wellness, LLC plans to open 10 to 15 locations nationwide during 2010........ Pg. 4 New Construction NAI Tampa Bay is preleasing Shoppes at Meadow Pointe in Wesley Chapel, FL................. Pg. 6 Food Retailers Expand So Green Yogurt is looking for locations surrounding metro New York, NY, as well as urban sites in Atlanta, GA; Boston, MA; South Beach and Miami, FL.............................. Pg. 7 Lease Signings Katz & Associates Corp. negotiated a lease with BJ’s Restaurant & Brewhouse for 10,000 sq.ft. in Chino Hills, CA................................ Pg. 7 Leadsheet Curtain & Bath Outlet looks to expand throughout the New England region...................... Pg. 11 Apparel Retailers Expand Simply Fashions and Fashion Trend plan to open 20 locations during the coming 18 months............................. Pg. 13 Space Place........................... Pg. 14
For more news go to: www.dealmakers.net
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DEVELOPER SUBMISSION REQUIREMENTS:
• Minimum 1 Acre • Building size: 8,500DEVELOPER to 12,600 square feet • Playground outdoor, contiguous to site: 4,000 sq. ft. minimum SUBMISSION REQUIREMENTS: count: 15,000 minimum per day, ease of egress andcontiguous ingress to site: 4,000 sq. ft. minimum • Minimum 1 Acre • BuildingTraffic size: 8,500 to 12,600 square feet • Playground outdoor, DEVELOPER SUBMISSION REQUIREMENTS: Traffic count: 15,000 minimum per day, ease of egress and ingressto site: 4,000 sq. ft. minimum • Minimum 1 Acre • Building size: 8,500 to 12,600 square feet • Playground outdoor, contiguous
DEMOGRAPHICS:
Traffic count: 15,000 minimum per day, ease of egress and ingress • Population 40,000 within three miles • Children: 3,000 minimum, age 4 and under in a three mile radius DEMOGRAPHICS: Median Minimum $60,000 within a threeage mile4radius • Population 40,000 withinincome: three miles • Children: 3,000 minimum, and under in a three mile radius DEMOGRAPHICS: Median income: $60,000 within a three • Population 40,000 within three milesMinimum • Children: 3,000 minimum, age 4mile andradius under in a three mile radius
NOW SELLING MASTER FRANCHISE TERRITORIES
Median income: Minimum $60,000 within a three mile radius • Minimum Investment $500,000 • Net Worth - $3 million • Liquid Capital - $1 million • Personal Integrity NOW SELLING MASTER FRANCHISE TERRITORIES • Minimum Investment • Net Worth(ICSC) - $3©2008 million • Wide Liquid Capital $1 million • Personal Integrity Member, International Council Of Shopping Centers World Realty Corp. All- Rights Reserved. NOW$500,000 SELLING MASTER FRANCHISE TERRITORIES Member, International Council • OfNet Shopping Centers (ICSC) ©2008•World WideCapital Realty Corp. Rights Reserved. • Minimum Investment $500,000 Worth - $3 million Liquid - $1Allmillion • Personal Integrity
Buyers and Sellers ARC Properties, Inc. acquired a building located along Race Street in Philadelphia, PA and intends to develop the site into a mixed-use center. The company is also looking to acquire development parcels ranging from one acre to 200 acres located along the East Coast from Washington, DC to NJ. For more information, contact Robert J. Ambrosi, Claudia Gibson, Joe Morena, Marc Perel or Gil Rivera, ARC Properties, Inc., 1401 Broad Street, Clifton, NJ 07013; 973-249-1000, Fax 973-249-1001; Web site: www.arcproperties.com.
President/Publisher.............................. Ann O'Neal ann@dealmakers.net Vice President .................................. Alyson Parker alyson@dealmakers.net Art Director................................. Anthony Pingicer anthony@dealmakers.net Editor.................................................. Erin Dunkley erin@dealmakers.net Editor............................................ Nicholas Hamner nicks@dealmakers.net Editor............................................... Adam Taliercio adamt@dealmakers.net Advertising Exec...................... Monica Carpenter monica@dealmakers.net Director of Circulation..................... Jane Winterle jane@dealmakers.net Advertising Coordinator............ Stephani Hamner stephani@dealmakers.net Founder................................................... Ted Kraus 1979–2007
The Dealmakers TM (ISSN 1055-0771) is published weekly except for the weeks of January 1st, July 4th, the ICSC's Spring and Fall Conventions and December 25th for $294 per year U.S., foreign $319 by TKO Real Estate Advisory Group Inc. PO Box 2630 Mercerville, NJ 08690-0630. The Dealmakers TM reports on over 20,000 retailers, developers and management companies every year. It is written by real estate professionals for real estate professionals. The newsletter keeps readers abreast of the latest leasing, development and management changes occurring in the real estate industry on a weekly basis. NOTE: Current federal law requires written consent from a company prior to utilizing the published fax number. Share The Dealmakers TM with your organization or service for free. Just let us know when your next meeting is and we'll send you copies of our issue for free for your members to learn how to be a better dealmaker! POSTMASTER: Send address changes to The Dealmakers, PO Box 2630 Mercerville, NJ 08690-0630 or 100 Youngs Road, Mercerville, NJ 08619. Periodical postage paid at Trenton, NJ and at additional mailing offices. Affiliated with Tenant Search, E.S.P., Properties by Fax Copyright 2009 by TKO Real Estate Advisory Group Inc. 609-587-6200, fax 609-587-3511.
CB Richard Ellis is selling an 11.292-acre parcel located at the intersection of Civic Center Drive and Gilbert Town Square Avenue in Gilbert, AZ. Area retail includes Bank of America, IHOP, Fahrenheit’s, Buffalo Wild Wings, Boston’s Gourmet Pizza, Pei Wei Asian Diner, Sports Clips, Chipotle, Tropical Smoothie, Gilbert Pizza, Gamemaster Games, Learning Foundation and Hollywood Theaters. Area demographics include a population of 156,744 within a three-mile radius earning a median household income of $76,328. The asking price is $5.5 million. The company is also selling a 5.54-acre parcel located at the intersection of 67th Avenue and McDowell Road in Phoenix, AZ. Area retail includes Lowe’s Home Improvement, Wal*Mart Supercenter and Desert Sky Mall, featuring Target, Dillard’s, Sears, Mervyn’s, Burlington Coat Factory, L Curacao. Area demographics include a population of 156,900 within a three-mile radius earning a median household income of $37,977. The asking price is $2.5 million. The company is also selling a 10.22-acre parcel located at the intersection of Jamacha Road and Route 94/ Campo Road in Rancho San Diego, CA. Area retail includes Target, Edwards Theatres, Kohl’s, Ralph’s Grocery Store and Otay Water District. Area demographics include a population of 67,058 within a three-mile radius earning a median household income of $70,102. The average daily traffic count is 48,200 vehicles. The asking price is $6 million. The company is also selling a 38.19-acre parcel located along Main Street in Longmont, CO. Area retail includes Wal*Mart Supercenter. Area demographics include a population of 23,924 within a three-mile radius earning a median household income of $67,170. The average daily traffic count is 64,200 vehicles. The asking price is $8 million. The company is also selling a Wells Fargo site located along West 136th Avenue in Westminster, CO. Area retail includes Wal*Mart Supercenter and Lowe’s Home Improvement. The tenant is bound to a 20-year ground lease featuring four, five-year options and a 15% rent escalation beginning with year 11. The asking price is $2.364 million at a Cap rate of 5.5%. For more information regarding the AZ properties, contact Rick Murphy, CB Richard Ellis Portfolio Services, 2800 Post Oak Boulevard, Suite 2300, Houston, TX 77056; 877-845-3443; Web sites: www.cbre.com/portfolioservices and www.cbre.com/walmartland. For more information regarding the CA and CO properties, contact Donna Kolius, Pierce Owens, Cody Persyn or Jeremy Richmond. www.dealmakers.net
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Excess Space Retail Services, Inc. negotiated the sale of a 2,702 sq.ft. building located along West 6th Avenue in Emporia, KS. KDL, Inc. acquired the property from GE Capital Solutions. The company also negotiated the sale of a 3,031 sq.ft. building located along Deshler Road in North Baltimore, OH. Prime, LLC acquired the property from GE Capital Solutions. The company also negotiated the sale of a 6,850 sq.ft. building located along West Parker Road in Piano, TX. Wayman Professional Services, LLC acquired the property from Knowledge Learning Center. The company also negotiated the sale of a 1.55-acre parcel located along Northeast 14th Street in Saylor Township, IA. A private group acquired the property from McDonald’s. For more information, contact Excess Space Retail Services, Inc., One Hollow Lane, Suite 112, Lake Success, NY 11042; 516-365-6400, Fax 516-365-5125; Web site: www.excessspace.com. GAIA Real Estate Investments is selling: 13 American Lubefast sites in AL including four locations in Mobile, five locations in Montgomery and locations in Auburn, Dothan, Opelika and Spanish Fort; Express Oil Change sites in Auburn and Birmingham, AL; Arby’s sites in Boaz and Mobile, AL and a Santa Fe Cattle Co. site in Leeds, AL. The company is also selling a Dickinson Theatres site located in Goodyear, AZ, an AMC Theatre site located in Phoenix, AZ and an Apollo College site in Tucson, AZ. For more information, contact Erika Carlson, GAIA Real Estate Investments; 858-488-0591, Fax 866-229-0490; Email: erika@gaiarealestateinvestments.com; Web site: www.gaiarealestate.com. NAI Houston negotiated the sale of a 24,000 sq.ft. building located along Almeda Road in Houston, TX. Meenakshi Investments, Inc. acquired the property from Spartan Leasing Co. The company represented the seller and Rabon Reid Real Estate represented the buyer in this transaction. For more information, contact Mackenzie Schriber, NAI Houston, 1900 West Loop South, Suite 500, Houston, TX 77027; 713-275-9624. Konover Development Corp. is selling a center located along East Erie Boulevard in Dewitt, NY. Area demographics include a population of 356,150 within a 10-mile radius earning an average household income of $57,335. For more information, contact Konover Development Corp.; 877-566-6837; Email: newsites@konover.com.
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Who’s Opening and Where Golfsmith International Holdings, Inc. (512-837-8810) will open a 38,126 sq.ft. Golfsmith location at Woodlands Home Center, a 143,850 sq.ft. center located on North I-45 in Spring, TX during February. The golf and tennis equipment retailer will join The Roomstore and Primitives Furniture.
Max-Wellness, LLC (440-449-6000) is slated to open the first 10 to 15 Max-Wellness locations nationwide in 2010, including sites in Fort Myers and Naples, FL and Cleveland, OH. The company plans to open an additional 30 to 50 units during the next several years.
Urban Outfitters, Inc. (215-454-5500) is slated to open a 12,000 sq.ft. Anthropologie apparel store at the Block 37 development, located along State Street in Chicago, IL, when the center opens during the summer. Also planning to open with the project are: Puma North America, Inc. (978-698-1000) with a Puma shoe and apparel store; Muvico Theaters, Inc. (954-564-6550) with a Muvico theater; Lettuce Entertain You Enterprises, Inc. (773-878-7340) with a new food emporium concept; RM Hospitality Group (212-397-0666) with a Rosa Mexicano restaurant; Campbell Soup Co. (203-8467000) with a Godiva chocolate shop; Sabon NYC (212-473-1009) with a Sabon bath and fragrance boutique; Steve Madden, Ltd. (718446-1800) with a Steve Madden shoe and apparel store, and Lululemon Athletica, Inc. EXP_AD_5023_dealmaker1208.qxd:Layout (604-732-6124) with a Lululemon athletic apparel store.
Target Corp. (612-304-6073) is slated to open two locations in Kapolei and Salt Lake, O’ahu, HI during March, and a Kailua, Kona, HI location in July. Inditex Group (212-355-1415) will open Zara locations at Domain in North Austin, located on Century Oaks Terrace in Austin, TX, during the spring and at Block 37 in Chicago, IL during the summer. The fashion retailer currently operates locations nationwide and internationally throughout 70 countries. Walgreen Co. (847-914-2500) has introduced a plan to slow store openings from 5% annually to between 2.5% to 3% by 2011. The company opened 212 Walgreens pharmacies during the first quarter of fiscal year 2009. The company currently operates 1 12/10/08 9:32 AM Page 1 7,146 units nationwide throughout 49 states, Puerto Rico and Guam.
CCA Global Partners (800-466-6984) will open a The Floor Trader location in O’Fallon, MO this year and will convert three existing GCO Flooring Outlet locations in Manchester, South County and St. Charles, MO to The Floor Trader concept. The stores carry a full line of carpet, hardwood, bamboo, cork, laminate, vinyl, stone, slate, ceramic and porcelain flooring products. The company is an acquiring cooperative of 3,600 franchise stores located nationwide and internationally, and its flooring subsidiary is based in St. Louis, MO. Fairway Market (212-939-0300) will open a 50,000 sq.ft. supermarket at Fashion Center, located in Paramus, NJ, during March. The opening will be the company’s first in the state. Darden Restaurants, Inc. (407-245-4500) is slated to open 70 restaurants this year. The company operates Olive Garden Italian restaurants, Red Lobster seafood restaurants, LongHorn Steakhouse restaurants, The Capital Grille steakhouses and Bahama Breeze Caribbean-themed restaurants nationwide. (continued on page eight)
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January 23, 2009
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Buyers and Sellers (continued from page three)
Mid-America Asset Management is selling a 6,501 sq.ft. LaSalle Bank site with five drivethrus situated on a land area of 63,000 sq.ft. at the intersection of North Randall Road and Algonquin Road in Lake in the Hills, IL. The tenant is bound to a ground lease set to expire during February 2025 and featuring five, fiveyear options. The company is also selling a 5,500 sq.ft. LaSalle Bank site located at the intersection of Route 31 and McCullom Lake Road in McHenry, IL. The property features three drive-thru lanes. The company is also selling a 3,337 sq.ft. LaSalle Bank site with three drive-thrus situated on a land area of 17,934 sq.ft. at Village Plaza Shopping Center, located at the intersection of Harlem Avenue and Dempster Street in Morton Grove, IL. The tenant is bound to a ground lease set to expire during April 2012 and featuring three, five-year options. The property is anchored by T.J. Maxx, Loehmann’s, HomeGoods and Old Navy. The company is also selling a 4,300 sq.ft. Bank of America site with four drive-thrus situated on a land area of 56,000 sq.ft. at the intersection of Route 59 and 95th Street in Naperville, IL. The tenant is bound to a ground lease set to expire during January 2026 and featuring four, five-year options. The company is also selling a 4,800 sq.ft. Bank of America site with three drive-thrus located at the intersection of West 95th Street and Keeler Avenue in Oak Lawn, IL. The tenant is bound to a ground lease set to expire during January 2027 and featuring four, fiveyear options. The company is also selling a 4,613 sq.ft. Bank of America site located at the intersection of North Avenue and Harlem Avenue in Oak Park, IL. The tenant is bound to a lease set to expire during December 2025 and featuring four, five-year options. The company is also selling a 4,300 sq.ft. Bank of America site with three drive-thrus situated on a land area of 65,861 sq.ft. at the intersection of 157th Avenue and LaGrange Road in Orland Park, IL. The tenant is bound to a ground lease set to expire during December 2026 and featuring four, fiveyear options. The property is anchored by Lowe’s Home Improvement and Target. The company is also selling a 5,760 sq.ft. LaSalle Bank site with five drive-thrus situated on a land area of 65,861 sq.ft. at the intersection of Route 59 and Route 126 in Plainfield, IL. The tenant is bound to a ground lease set to expire during May 2023 and featuring five, five-year options. The company is also selling a 6,569 sq.ft. LaSalle Bank site with five drive-thrus situated on a land area of 60,000 sq.ft. at the intersection of Main Street and Kirk Avenue in St. Charles, IL. The tenant is bound to a ground lease set to expire during June 2024 and featuring five,
five-year options. Office Depot, Stein Mart and Borders anchor the property. For more information, contact MidAmerica Asset Management, One Parkview Plaza, 9th Floor, Oakbrook Terrace, IL 60181; 630-954-7300, Fax 630-954-7306; Web site: www.midamericagrp.com. The Beck Co., on behalf of a client, is looking to acquire shopping centers located throughout southern CA. Suitable properties are priced between $5 million and $20 million at Cap rates above 8%. For more information, contact Dan Beck, The Beck Co.; 818-553-3619; Email: danniman@aol.com. Oak Tree Enterprises, LLC, on behalf of a client, is looking to acquire a shopping center located in southern MI. Suitable properties feature national tenants and are priced below $5 million at an 8% Cap rate. For more information, contact Stan Kint, Oak Tree Enterprises, LLC; 517-202-9992; Email: skint1@comcast.net. Tradition Realty Advisors, LLC negotiated the sale of a 14,820 sq.ft. Walgreens site located along Farmer Industrial Boulevard in Newnan, GA. The tenant is bound to a 25-year NNN lease begun during 2006. The company represented the buyer, who acquired the property for $5 million at a Cap rate of 7.28%. For more information, contact Sean D. Leahy, Tradition Realty Advisors, LLC, 3235 East Camelback Road, Suite 210, Phoenix, AZ 85018; 602-595-3855, Fax 602-5137367; Email: sleahy@traditionadvisors.com.
Grand Capital Advisors, LLC is selling Congress Crossings, a 30,817 sq.ft. center situated on 2.68 acres at the intersection of Massachusetts Avenue and Congress Street in New Port Richey, FL. The center is 80% occupied with tenants bound to NNN leases. The center is anchored by Sweetbay Liquor and Family Dollar and shadow-anchored by Sweetbay Grocery. Tenants include Subway, H&R Block, ACE Cash Express, Fantastic Sams, Goin’ Postal and Premier Dental. The NOI is $264,792. The asking price is $3.65 million at a Cap rate of 7.25%. For more information, contact Dugagjin Zejnullahu, Grand Capital Advisors, LLC, 3000 Gulf to Bay Boulevard, Suite 302, Clearwater, FL 33759; 727799-7200, Fax 727-213-6276; Email: dugagjin@grandca.com. Colliers Lanard & Axilbund is selling a 0.7acre pad site located along White Horse Pike in Magnolia, NJ. Area retail includes Lowe’s Home Improvement, Home Depot, PetSmart, Pathmark and Cooper Towne Center, featuring Wal*Mart and LA Fitness. Area demographics include a population of 107,567 within a three-mile radius earning an average household income of $77,002. The average daily traffic count is 34,612 vehicles. For more information, contact David Dunkelman, Colliers Lanard & Axilbund, 399 Market Street, 3rd Floor, Philadelphia, PA 19106; 215-928-7542; Email: david.dunkelman@colliers.com; Web site: www.colliers.com.
Massey Knakal Realty Services negotiated the $4.95 million sale of a two-story, 43,200 sq.ft. building located along Clarkson Avenue in the East Flatbush area of Brooklyn, NY. The company represented the buyer and the seller in this transaction. For more information, contact Rene Santiago, Massey Knakal Realty Services, 275 Madison Avenue, 3rd Floor, New York, NY 10016; 212-696-2500; Email: skrause@masseyknakal.com.
DeBartolo Development is selling a 9,905 sq.ft. Brooks Brothers site situated on a land area of 5,553 sq.ft. along Boston Post Road in Darien, CT. The tenant is bound to a 20year NN lease featuring six, five-year options and 10% rent escalations every five years. Area demographics include a population of 337,858 within a 10-mile radius. The NOI is $574,491. The asking price is $8.5 million. For more information, contact Michael Larsen, DeBartolo Development; 813-676-8482; Email: mlarsen@debartolodevelopment.com.
Universal Realty, Inc., on behalf of a client, is looking to acquire shopping centers nationwide, with a preference for TX. Suitable properties feature national tenants bound to NNN leases, assumable financing with 30-year amortization schedules and are priced at $17 million. For more information, contact Zeke Wimert, Universal Realty, Inc., 2455 Weldwood Drive, Suite 9103, Baton Rouge, LA 70816; Email: zeke.wimert@cox.net.
Premier Commercial Realty is selling a 1.89-acre parcel located along Route 31 in Carpentersville, IL. The average daily traffic count is 18,700 vehicles. The asking price is $328,490. For more information, contact Bruce Kaplan, Premier Commercial Realty, 9225 South Route 31, Lake in the Hills, IL 60156; 847-854-2300, Fax 847-854-2380; Email: brucek@profit-success.net; Web site: www.profit-success.net. DM
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New Construction ATS Realty is preleasing a 12,000 sq.ft. center situated on 1.34 acres along Whiting Street in Hingham, MA. Spaces from 2,400 sq.ft. are available. Area retail includes Starbucks, Dunkin’ Donuts, Chili’s, KFC, T.J. Maxx, HomeGoods, Fashion Bug, Taco Bell, Burger King and Derby Street Shoppes, featuring Bertucci’s. Area demographics include a population of 488,056 within a 10mile radius earning an average household income of $80,849.The center is slated to open during the summer. The company is also preleasing The Shops at Riverwood, a 105,000 sq.ft. shopping center located along River Street in Hyde Park, MA. The center is anchored by Price Rite Supermarket. Spaces from 1,000 sq.ft. to 15,000 sq.ft. are available. Area retail includes CVS, Rite Aid, Shaw’s Supermarket and Dedham Mall, featuring Super Stop & Shop, Applebee’s, Lowe’s Home Improvement, Dick’s Sporting Goods, Uno, Sears, Circuit City, A.C. Moore, Old Navy, T.J. Maxx, Starbucks, DSW and Eastern Bank. Area demographics include a population of 436,245 within a five-mile radius earning an average household income of $72,804. The company is also preleasing Stoughton Crossing, a 60,000 sq.ft. center located along Turnpike Street in Stoughton, MA. Area retail includes Bob’s Stores, Olive Garden, Kohl’s, BJ’s Wholesale Club, Costco, IKEA, Home Depot, Petco, Christmas Tree Shops, Shoppes at Page Point, featuring Target and T.G.I. Friday’s and Shoppes at Stoughton Commons, featuring La-Z-Boy, Bassett, Bob’s Discount Furniture and Sleepy’s. Area demographics include a population of 728,626 within a 10-mile radius earning an average household income of $78,175. The company is also developing River Landing Shopping Center, a 14-acre project located at the intersection of South Main Street and Glen Road in West Lebanon, NH. Area retail includes Kmart, Chili’s, Taco Bell, KFC, L.L. Bean and Eastern Mountain Sports. Area demographics include a population of 37,831 within a seven-mile radius earning an average household income of $74,498. The company is also developing a 60,000 sq.ft. center located along Nickerson Road in Brandon, VT. Area retail includes Aubuchon Hardware, Rite Aid, Grand Union and First Brandon Bank. Area demographics include a population of 52,567 within a 15mile radius earning an average household income of $55,922. The average daily traffic count is 7,500 vehicles. For more information regarding the Hingham, Hyde Park and Stoughton properties, contact Jim Speros, ATS Realty, 1601 Trapelo Road, Suite 250, Waltham, MA 02451; 781-672-0200 Ext. 608, Fax 781page 6
January 23, 2009
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672-0277; Email: jsperos@atsrealty.com; Web site: www.atsrealty.com. For more information regarding the West Lebanon and Brandon properties, contact Mark Thibeault; 802-879-1410; Email: mthibeault@atsrealty.com. Commonwealth Commercial Partners, Inc. is preleasing Hollymead Town Center, a strip center located at the intersection of Seminole Drive and Airport Road in Charlottesville, VA. Spaces of 1,680 sq.ft. and 2,840 sq.ft. are available. Tenants include Target, PetSmart and Harris Teeter. Area demographics include a population of 120,224 within a 10-mile radius earning an average household income of $76,166. For more information, contact Carl F. Blackwell, Commonwealth Commercial Partners, Inc., 7130 Glen Forest Drive, Suite 110, Richmond, VA 23226; 804363-1291, Fax 804-346-5901; Email: cblackwell@commonwealthcommercial.com; Web site: www.commonwealthcommercial.com. NAI Tampa Bay is preleasing Shoppes at Meadow Pointe, an 80,000 sq.ft. project situated on 16 acres at the intersection of Bruce B. Downs Boulevard and Aronwood Drive in Wesley Chapel, FL. For more information, contact T. Sean Lance, NAI Tampa Bay, 2002 North Lois Avenue, Suite 150, Tampa, FL 33607; 813872-7200; Email: slance@naitampabay.com; Web site: www.naitampabay.com. Bright Realty is preleasing a 14,900 sq.ft. center located at the intersection of State Highway 121 and FM 544/Parker Road in Lewisville, TX. Spaces are available along with outlots of 0.98 acres, 1.3 acres and 1.4 acres. Area retail includes SuperTarget. Area demographics include a population of 212,482 within a five-mile radius earning an average household income of $99,176. The center is slated to open during the second quarter of 2009. For more information, contact Elizabeth Villalba or Tim McNutt, Bright Realty, 4228 North Dallas Expressway, Dallas, TX 75206; 214-559-9292, Fax 214-559-0021; Email: elizabeth.villalba@brightco.com; Web site: www.brightrealtyco.com. Hoffman Commercial Group|Remax Services is preleasing a three-acre project located along Route 63/Main Street in Lansdale, PA. For more information, contact Jeff Hoffman, Hoffman Commercial Group|Remax Services; 215-540-0600, Fax 215-641-2542; Email: j.hoffman@comcast.net; Web site: www.hoffmanre.com.
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Investec Real Estate Cos. is preleasing Gene Autry Plaza, a 60,000 sq.ft. center located at the intersection of Ramon and Highway 11/ Gene Autry Trail in Palm Springs, CA. Smart & Final Extra! and Staples anchor the center. Cotenants include Goody’s Café and Starbucks. The center is shadow-anchored by Wal*Mart Supercenter, Office Depot, PetSmart and Lowe’s Home Improvement. The average daily traffic count is 42,000 vehicles. For more information, contact Jim Slaught, Investec Real Estate Cos., 200 East Carrillo Street, Suite 200, Santa Barbara, CA 93101; 909-824-8002, Fax 805-884-9219; Web site: www.investecre.com. Vornado Realty Trust is redeveloping a 171,449 sq.ft. center located at the intersection of Route 130 and Chester Avenue in Delran, NJ. Spaces of 5,194 sq.ft.; 7,639 sq.ft.; 10,292 sq.ft.; 16,995 sq.ft. and 128,230 sq.ft. are available. Area retail includes Burlington Mall, Cherry Hill Mall, Lowe’s Home Improvement, Sam’s Club, ShopRite, Target and Wal*Mart. Area demographics include a population of 1.229 million within a 10-mile radius earning an average household income of $62,005. For more information, contact Vornado Realty Trust, 210 Route 4 East, Paramus, NJ 07652; 201-587-1000, Fax 201-708-6206; Web site: www.vno.com. Square Foot, LLC is preleasing Lake Plaza, a 20.8-acre project located at the intersection of Route 42/Black Horse Pike and Lake Avenue in Williamstown, NJ. A 30,000 sq.ft. space is available along with a 5,000 sq.ft. pad site with drive-thru approvals. Cotenants include First Bank of Williamstown. Area retail includes The Library IV and Zallie’s Shop Rite. Area demographics include a population of 100,383 within a five-mile radius earning an average household income of $76,185. For more information, contact Marta Person Villa, Square Foot, LLC; 973-715-8385. Strathmore Development Co. is preleasing City Center II, a 661,000 sq.ft. mixed-use center located in East Lansing, MI. The project includes a 29,900 sq.ft. retail component along with an office component and a 198-unit residential component. Area demographics include a population of 166,423 within a five-mile radius earning a median household income of $45,333. The center is slated to open during the fourth quarter. For more information, contact Terry Benton, Strathmore Development Co., 1427 West Saginaw, Suite 200, East Lansing, MI 48823; 517-664-4128, Fax 517-664-4108; Email: terryb@strathmoredev.com; Web site: D www.strathmoredev.com. M
Food Retailers Expand Nationwide Rocky Mountain Chocolate Factory, Inc. trades as Rocky Mountain Chocolate Factory at 320 locations nationwide and in Canada and internationally. The stores, offering chocolates, candy, truffles and caramels, occupy spaces of 600 sq.ft. to 1,000 sq.ft. in malls and entertainment, mixed-use, outlet, specialty and tourist centers. Growth opportunities are sought nationwide during the coming 18 months. Typical leases run five years. A vanilla shell and specific improvements are required. Major competitors include Godiva. The company is franchising. For more information, contact Kraig Carlson or Dave Ritchie, Rocky Mountain Chocolate Factory, Inc., 265 Turner Drive, Durango, CO 81303; 970-259-0554, Fax 970-259-5895. Schiano’s Enterprises, Inc. trades as Schiano’s Italian Restaurant at 17 locations throughout NC, NJ, NY and SC. The Italian fast-food restaurants occupy spaces of 600 sq.ft. to 2,400 sq.ft. in freestanding locations, malls and strip centers. Growth opportunities are sought throughout NC and SC during the coming 18 months. Typical leases run for terms of five to 10 years with options. For more information, contact Frank Schiano, Schiano’s Enterprises, Inc., 7201 Two Notch Road, Columbia, SC 29223; 803788-8100. Hooters of America, Inc. trades as Hooters Restaurants at 445 locations nationwide and internationally. The restaurants occupy spaces of 5,000 sq.ft. in freestanding locations, entertainment and strip centers. Growth opportunities are sought throughout WI during the coming 18 months, with representation by Central Place Real Estate. Typical leases run 15 years. Specific improvements are required. Preferred demographics include a population of 100,000 within three miles earning $45,000 as the average household income. A land area of 1.3 acres is required for freestanding locations. For more information, contact Rob Zache, Central Place Real Estate, 8383 Greenway Boulevard, Middleton, WI 53562; 608836-9070, Fax 608-836-5547; Email: rzache@centralplacere.com. Smoothie King Franchises, Inc. trades as Smoothie King at 596 locations nationwide, excluding the northwestern region. The smoothie shops occupy spaces of 1,000 sq.ft. in freestanding locations, malls and entertainment, lifestyle, power, specialty and strip centers, in addition to urban/downtown areas, during the coming 18 months. Growth opportunities are sought throughout the existing market, during the coming 18
Lease Signings
months. Typical leases run five years. The company is franchising. For more information, contact Richard Leveille, Smoothie King Franchises, Inc., 121 Park Place, Covington, LA 70433; 985-635-6973; 985-635-6987; Email: richardl@smoothieking.com; Web site: www.smoothieking.com. Ronzio Management, Inc. trades as Ronzio Pizza at 22 locations throughout MA and RI. The pizzerias occupy spaces of 1,200 sq.ft. to 1,500 sq.ft. in outlet, strip and value centers. Plans call for eight openings throughout CT, MA and RI during the coming 18 months. Typical leases run 10 years. A vanilla shell is required. Preferred demographics include a population of 20,000 within three miles. Major competitors include Domino’s and Papa John’s. The company is franchising. For more information, contact Julian Angelone, Ronzio Management, Inc., 111 John Street, Lincoln, RI 02865; 401334-9750, Fax 401-312-0378; Email: Julian@ronziopizza.com; Web site: www.ronziopizza.com. Burger King operates 11,200 locations nationwide and internationally. The fast food restaurants occupy spaces of 2,500 sq.ft. in freestanding or corner locations with a drive-thru. Growth opportunities are sought throughout central and northern NJ during the coming 18 months, with representation by CB Richard Ellis. A land area of .5 acres to 1.5 acres is required. The company prefers to locate in areas with good visibility and signage and high traffic counts near active brand-name retail stores. For more information, contact Jason Pierson, CB Richard Ellis, 2 Tower Center Boulevard, 20th Floor, East Brunswick, NJ 08816; 732-509-8926; Email: Jason.pierson@cbre.com; Web site: www.cbre.com. So Green Yogurt operates one location in San Francisco, CA. The frozen yogurt shops occupy spaces of 500 sq.ft. to 1,000 sq.ft. in freestanding locations and regional malls. Growth opportunities are sought throughout the metropolitan area of New York, NY, excluding New York; FL; GA; MA; eastern PA, as well as downtown locations for Atlanta, GA; Boston, MA; South Beach and Miami, FL during the coming 18 months, with representation by Aries Deitch & Endelson. For more information, contact Bill Grad, Aries Deitch & Endelson, 110 South Central Avenue, Hartsdale, NY 10530; 914-9492800 Ext. 104, Fax 914-949-2424; Email: billgrad@ade-re.com. DM www.dealmakers.net
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Katz & Associates Corp. (845-735-6666) negotiated a lease with BJ’s Restaurant & Brewhouse for 10,000 sq.ft. at Commons at Chino Hills in Chino Hills, CA. The company also negotiated leases with Cost Plus World Market for 18,300 sq.ft. at Panama City Mall in Panama City, FL and at Virginia Gateway in Gainesville, VA. The company also negotiated the following leases with GameStop: for 1,400 sq.ft. at Kendale Lakes Plaza in Miami, FL; for 2,400 sq.ft. at South Dade in Miami, FL, and for 2,000 sq.ft. at Plaza at Lake Park in West Palm Beach, FL. The company also negotiated the following leases with Golf Galaxy for spaces of 15,000 sq.ft.: at Phillips Crossing in Orlando, FL; in Naples, FL, and at Market at Town Center in Jacksonville, FL. The company also negotiated a lease with Jimmy Jazz for 4,500 sq.ft. at Roosevelt Mall in Philadelphia, PA. The company also negotiated the following leases with Jos. A. Bank: for 4,000 sq.ft. at Pier Park in Panama City, FL; for 4,000 sq.ft. at The Mercato in Naples, FL; for 4,400 sq.ft. at The Shops at Wiregrass in Wesley Chapel, FL, and for 4,500 sq.ft. at Shoppes at Coconut Creek in Coconut Creek, FL. The company also negotiated leases with Mattress Firm for spaces of 4,000 sq.ft. at Deerfield Commons in Alpharetta, GA and at the intersection of North Druid Hills and Briarcliff Road in Atlanta, GA. The company negotiated the following leases at Rushmore Crossing in Rapid City, SD: with dressbarn for 5,500 sq.ft.; with Gordman’s for 60,000 sq.ft.; with Petco for 15,000 sq.ft.; with Shoe Carnival for 12,000 sq.ft.; with Target for 135,000 sq.ft.; with Verizon Wireless for 4,000 sq.ft., and with T.J. Maxx for 30,000 sq.ft. The company represented the landlord, Midland Atlantic Properties, in the transactions. The company also negotiated leases at The Shoppes at Castle Rock, located in Castle Rock, CO, with Dollar Tree for 9,555 sq.ft. and with Massage Envy for 2,963 sq.ft. The company represented the landlord, Castle Rock Shoppes, LLC, in the transactions. The company also negotiated a lease with Chick-fil-A for 4,200 sq.ft. at Shops at Red Palmetto in Miami, FL. The company also negotiated a lease with Eastern Mountain Sports for 18,000 sq.ft. on Broadway in New York, NY. The company also negotiated leases with Retro Fitness for 16,324 sq.ft. at BiCounty Commons in Farmingdale, NY and for 11,890 sq.ft. at Columbia East Market Place in Jessup, MD. The company also negotiated the following leases with Shoe Carnival: for 10,000 sq.ft. at Poplin Place in Monroe, NC; for 8,000 sq.ft. at Aberdeen Commons in Aberdeen, NC; for 11,000 sq.ft. at Stones River Mall in Murfreesboro, TN and for 10,000 sq.ft. at Glenbrook Shopping Center in Hendersonville, TN. The company also negotiated leases with The Vitamin Shoppe for spaces of 3,500 sq.ft. at Woodbury Lakes in Woodbury, MN and at Calhoun Commons in Minneapolis, MN. DM
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Who’s Opening and Where (continued from page four)
Jack in the Box, Inc. (858-571-2121) is scheduled to open a Qdoba Mexican Grill location in a mixed-use tower located along Third Avenue, between East 39th Street and East 40th Street, in New York, NY. Java Detour and Just Salad are also slated to open locations at the tower, and the three will utilize spaces formerly occupied by Au Bon Pain and FedEx Office. Saks, Inc. (212-940-5305) has postponed the opening of its Saks Fifth Avenue location at Domain in Austin, TX from 2011 to 2012, due to delays in the project’s construction. Nordstrom, Inc. (206-628-2111) and Whole Foods Market, Inc. (512-477-4455) have also delayed their plans to open at the project until 2012. CVS Caremark (877-265-7325) is slated to open a CVS pharmacy at Burleson Commons, a shopping center situated on 32 acres at the intersection of State Highway 174/ Wilshire Boulevard and State Highway 731 in Burleson, TX. The tenant joins Big Apples Bagels, Marble Slab Creamery, WineStyles, The Little Gym, Peter Piper Pizza, Dunkin’ Donuts and Roscoe’s BBQ.
M&T Bank Corp. (716-842-5445) is slated to open a 4,000 sq.ft. freestanding location at Pike Center, a 74,000 shopping center slated for redevelopment located along MD Route 355/Rockville Pike in Rockville, MD. Sterling Jewelers, Inc. (330-668-5000) is scheduled to open a 6,000 sq.ft. freestanding Jared – The Galleria of Jewelry location at the center. The tenants will join Office Depot, T.G.I. Friday’s and CiCi’s Pizza. Construction on both sites is slated to begin with the center’s redevelopment during the first quarter of this year, and both locations are slated to open later this year. BCBG Max Azria (323-589-2224) is slated to open a location at Tivoli Village at Queensridge, a project currently under construction in Las Vegas, NV. Belle Gray, AG Jeans and Ritual Spa are also planning to open locations at the center. The Talbots, Inc. (781-749-7600) plans to open Talbots locations this year, having closed 100 locations, including 17 Talbots stores and all Talbots Kids and Talbots Mens stores, during 2008. The company currently operates 595 apparel stores nationwide and looks to dispose of its 282-unit J. Jill brand.
The Gap, Inc. (650-952-4400) is slated to open 100 Gap locations and close 115 this year. The company currently operates 3,100 locations nationwide under the Gap, Banana Republic and Old Navy apparel brands. J. C. Penney Co., Inc. (972-431-1000) will open a JCPenney location at Stone Creek Crossing, located along Interstate 35 in Austin, TX, during March. Target Corp. (612-304-6073) is slated to open a Target location and Beall’s, Inc. (941-747-2355) will open a Beall’s location at the center. All three openings will replace existing locations within the Austin, TX metropolitan area. Kohl’s, Inc. (262-703-7000), jointly with Forever 21, Inc. (213-741-5100), submitted a bid of $6.25 million for the leases of 46 former Mervyns locations located throughout the Southwest. If the bid is approved by the court overseeing the bankruptcy proceedings of Mervyn’s, LLC, Kohl’s, Inc. will open Kohl’s locations in 31 of the sites and Forever 21, Inc. will open Forever 21 apparel stores in the remaining 15. Dagwood’s Sandwich Shoppe (727-5077300), through a franchisee, is slated to open a 2,000 sq.ft. location at Heritage Square, located at the intersection of Cleveland Road and Gumwood Road in Mishawaka, IN, during February. The opening will be the company’s second in the area following the opening of a restaurant at Madison Center in South Bend, IN. Wal*Mart Stores, Inc. (479-273-4000) is scheduled to open a 99,000 sq.ft. Wal*Mart location at Northcross Mall, located in Austin, TX, during the summer of 2010. The company had intended to construct a larger location at the site, but reduced the size to address community concerns. Construction is scheduled to begin during the second quarter. The tenant joins McAlister’s Deli, Dickey’s Barbecue Pit and Subway. DM
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Lead Sheet Niederauer, Inc. dba Western Appliance TV & Stereo Doug Moir 1976 West San Carlos Street San Jose, CA 95128 408-297-2440, Fax 408-298-7508 Web site: www.westernappliance.com
Appliances The 10-unit chain operates locations throughout northern CA. The stores, offering appliances and electronics, occupy spaces of 16,000 sq.ft. to 20,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the San Francisco Bay area in CA during the coming 18 months. Typical leases run five years with three, five-year options.
Smith’s Furniture & Appliances Co., Inc. dba Smith’s Furniture, Appliances & Electronics Jack Kabazie 8055 National Turnpike Louisville, KY 40214 502-368-9917, Fax 502-368-5369
Appliances The four-unit chain operates locations throughout IN and KY. The stores, offering appliances, electronics and home furnishings, occupy spaces of 20,000 sq.ft. to 38,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. A land area of 45,000 sq.ft. is required for freestanding locations.
Charleston Auto Parts dba Charleston Carquest Ron Cannon PO Box 15291 Las Vegas, NV 89114-5291 702-642-7801, Fax 702-642-9174 Email: ron.cannon@cap-carquest.com Web site: www.carquest.com
Automotive The 15-unit chain operates locations throughout AZ, NV and UT. The automotive supply shops occupy spaces of 4,000 sq.ft. to 12,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months.
Chet Nichols, Inc. dba Chet Nichols Bill Nichols PO Box 1203 Benton Harbor, MI 49023 269-925-1187, Fax 269-925-8915
Automotive The eight-unit chain operates locations throughout MI. The automotive parts and supply stores occupy spaces of 5,000 sq.ft. to 7,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout southwestern MI during the coming 18 months.
Becky’s Hallmark Shops Francis Norsworthy, Jr. 221 McLaws Circle Williamsburg, VA 23185 757-220-6772, Fax 757-259-0120
Cards The 21-unit chain operates locations throughout NC and VA. The card and gift shops occupy spaces of 3,000 sq.ft. to 6,000 sq.ft. in freestanding locations and power centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run five years with two, five-year options. A vanilla shell is required. Preferred cotenants include Target. Preferred demographics include a population of 17,000 within three miles earning $35,000 as the average household income. A land area of one acre is required for freestanding locations.
Dandy Mini Marts, Inc. dba Dandy Mini Mart Randy Williams PO Box 207 Towanda, PA 18848 570-265-6673, Fax 570-888-7161
Convenience The 50-unit chain operates locations throughout NY and PA. The convenience stores occupy spaces of 2,500 sq.ft. to 3,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months.
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Lead Sheet HJB Convenience Corp. dba Russell’s Convenience Stores Ray Huff 8585 West 14th Avenue Lakewood, CO 80215 720-881-5900, Fax 303-293-0012 Web site: www.russellsconvenience.com
Convenience The 14-unit chain operates locations throughout CA, CO and HI. The convenience stores occupy spaces of 900 sq.ft. to 3,000 sq.ft. in urban/downtown areas. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 10 years. A vanilla shell is required. Preferred demographics include a population of 4,000 within one mile earning $37,000 as the average household income.
Kwik Trip, Inc. dba Kwik Trip Scott Teigen 700 Wolske Bay Road, Suite 280 Menomonie, WI 54751 715-235-6626, Fax 715-235-7808 Email: steigen@kwiktrip.com Web site: www.kwiktrip.com
Convenience The 365-unit chain operates locations throughout IA, MN and WI. The convenience stores, with gasoline facilities, occupy spaces of 6,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. A land area of 60,000 sq.ft. is required.
The Pantry, Inc. dba The Pantry Wayne Bryan 1801 Douglas Drive Sanford, NC 27330 919-774-6700, Fax 919-777-5139
Convenience The 1,650-unit chain operates locations throughout AL, FL, GA, IN, KY, LA, MS, NC, SC, TN and VA. The convenience stores, with gasoline facilities, occupy spaces of 4,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 15 to 20 years. A land area of 1.5 to three acres is required.
R.H. Reny, Inc. dba Reny’s John Reny 731 Route 1 New Castle, ME 04553 207-563-3177, Fax 207-563-5681 Web site: www.renys.com
Department Store The 14-unit chain operates locations throughout ME. The department stores occupy spaces of 20,000 sq.ft. to 30,000 sq.ft. in strip centers and urban/downtown areas. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run 10 years. A vanilla shell is required. Preferred demographics include a population of 25,000 within 10 miles.
Check Into Cash, Inc. dba Check Into Cash Geoffrey Gillespie, Bruce Long or Donald Panunzio 201 Keith Street Southwest, Suite 80 Cleveland, TN 37311 423-479-2400/423-473-4376, Fax 423-473-4331 Web site: www.checkintocash.com
Finance The company operates locations throughout the Midstates, South and West. The stores, offering consumer finances and cash advance services, occupy spaces of 800 sq.ft. to 2,000 sq.ft. in community and neighborhood strip centers. For more information regarding expansion throughout AL, CO, FL, LA, MS, SC, TN, TX and VA, contact Bruce Long. For more information regarding expansion throughout IA, IL, IN, KS, KY, MI, MO, OH, OK and WI, contact Geoffrey Gillespie. For more information regarding expansion throughout AZ, CA, ID, MT, ND, NE, NM, NV, OR, UT, WA and WY, contact Donald Panunzio. The company prefers highly visible locations with high traffic counts.
PNC Bank Bill Dickinson c/o Rappaport Retail Brokers 8405 Greensboro Drive, Suite 830 McLean, VA 22102-5121 703-310-6983, Fax 571-382-1210 Email: bdickinson@rappaportco.com Web site: www.rappaportco.com
Finance The 50-unit chain operates locations throughout MD, NJ, OH, VA and Washington, DC. The banks occupy spaces of 4,000 sq.ft. to 5,000 sq.ft. in inline and pad sites. Growth opportunities are sought throughout MD, VA and Washington, DC during the coming 18 months, with representation by Rappaport Retail Brokers.
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Lead Sheet Cartoon Cuts Ellen Giordano 5101 Northwest 21st Avenue, Suite 410 Ft. Lauderdale, FL 33309 954-653-2887, Fax 954-653-9074 Email: egiordano@cartooncuts.com Web site: www.cartooncuts.com
Hair The 22-unit chain operates locations throughout FL, MD, IL, TX, VA and Puerto Rico. The children’s hair salons occupy spaces of 900 sq.ft. to 1,000 sq.ft. in malls and strip centers. 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 population of 25,000 children up to 10 years old within five miles. Expansion is limited during the coming 18 months.
Cosmoprof Greg Batista c/o Pliskin Realty & Development 179 Westbury Avenue Carle Place, NY 11514 516-997-0100 Ext. 314, Fax 516-997-7225 Email: gbatista@pliskinrealty.com Web site: www.cosmoprofbeauty.com
Hair The 2,274-unit chain operates locations nationwide. The stores, offering products and furnishings for hair salons, occupy spaces of 2,000 sq.ft. to 4,000 sq.ft. in inline spaces and power and strip centers. Growth opportunities are sought throughout Brooklyn, Bronx and Queens and Staten Island, NY during the coming 18 months, with representation by Pliskin Realty & Development.
Gothic Cabinet Craft Marc Durst c/o Sholom & Zuckerbrot Realty, LLC Kaufman Astoria Studios 35-11 35th Avenue Long Island City, NY 11106 718-392-5959 Ext. 122, Fax 718-937-6546 Email: mdurst@s-z.com Web site: www.gothiccabinetcraft.com
Home Improvements The 40-unit chain operates locations throughout the five boroughs in New York, NY as well as in Long Island and Westchester counties. The furniture centers, offering real wood furniture, occupy spaces of 2,500 sq.ft. to 25,000 sq.ft. in inline spaces. Growth opportunities are sought throughout the existing markets during the coming 18 months, with representation by Sholom & Zuckerbrot Realty, LLC.
Petco Animal Supplies, Inc. dba Petco Ellen Mogel 9125 Rehco Road San Diego, CA 92121 858-677-3030, Fax 858-638-2229 Web site: www.petco.com
Pet Supplies The 900-unit chain operates locations nationwide. The pet supply centers occupy spaces of 12,000 sq.ft. to 15,000 sq.ft. in power centers. Plans call for 85 to 90 openings nationwide during the coming 18 months. Typical leases run 10 years. Preferred cotenants include Home Depot, Jo-Ann Fabrics, Michaels, Target, T.J. Maxx, Marshalls, Bed Bath & Beyond and Whole Foods Market. Preferred demographics include a population of 100,000 within three miles earning $40,000 as the average household income.
Curtain & Bath Outlet Susan DiGiovanni c/o Corporate Realty Advisors 92 High Street, Suite 1 Medford, MA 02155 718-396-5400, Fax 718-396-0888 Web site: www.curtainandbathoutlet.com
Specialty The 10-unit chain operates locations throughout CT, MA and RI. The stores occupy spaces of 2,500 sq.ft. to 3,500 sq.ft. in inline spaces, endcaps and freestanding locations. Growth opportunities are sought throughout New England during the coming 18 months, with representation by Corporate Realty Adivisors.
Desert Sun Tanning Matthew May c/o May Realty Advisors 15206 Ventura Boulevard, Suite 302 Sherman Oaks, CA 91403 818-322-4646, Fax 818-905-7559 Email: matthew@mayrealtyadvisors.com Web site: www.mayrealtyadvisors.com
Specialty The 60-unit chain operates locations throughout CA and WA. The tanning salons occupy spaces of 1,800 sq.ft. to 2,300 sq.ft. in shopping malls and street fronts. Growth opportunities are sought throughout Los Angeles County, CA during the coming 18 months, with representation by May Realty Advisors. Typical leases run five to 10 years. Preferred cotenants include health clubs and women’s retailers.
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Lead Sheet Safeway Stores, Inc. dba Canada Safeway, Ltd. Earl Brown 1020 64th Avenue Northeast Calgary, Alberta, Canada T2E 7V8 403-730-3500, Fax 403-730-3902 Web site: www.safeway.com
Supermarket The 200-unit chain operates locations throughout western Canada. The supermarkets occupy spaces of 40,000 sq.ft. to 60,000 sq.ft. in power and strip centers in addition to freestanding locations. Growth opportunities are sought throughout the existing market during the coming 18 months.
Shaw’s Supermarkets, Inc. dba Shaw’s Supermarket and Star Market Greg Rollo PO Box 600 East Bridgewater, MA 02333 508-313-4000, Fax 508-313-4155 Web site: www.shaws.com
Supermarket The 204-unit chain operates locations throughout CT, MA, ME, NH, RI and VT. The supermarkets occupy spaces of 40,000 sq.ft. to 60,000 sq.ft. in strip centers in addition to freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months.
Ukrop’s Supermarkets, Inc. dba Urkrop’s Brian Jackson 2001 Maywill Street, Suite 100 Richmond, VA 23230 804-340-3000 Web site: www.ukrops.com
Supermarket The 30-unit chain operates locations throughout VA. The supermarkets occupy spaces of 40,000 sq.ft. to 64,000 sq.ft. in power and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months.
Carnival Booking, Inc. dba Carnival Booking Lois Konnos 800-408-7707 Email: lois@carnivalbooking.com Web site: www.carnivalbooking.com
Temporary Tenant The company operates locations nationwide. The carnivals occupy a land area of 80,000 sq.ft. in mall parking lots or lots on strip centers. Growth opportunities are sought nationwide during the coming 18 months.
Blockbuster, Inc. dba Blockbuster Video Lyle Stanleigh 9535 Taormina Street Lake Worth, FL 33467 561-868-5151, Fax 561-868-5129
Video The 7,500-unit chain operates locations nationwide and internationally. The video stores occupy spaces of 4,000 sq.ft. to 6,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout AL, FL, GA, KY, MA, MS, TN, VA and Washington, DC during the coming 18 months. Typical leases run five years with three, five-year options. Preferred cotenants include grocery stores.
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
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Apparel Chains Expand Nationwide (continued from page one)
Big M, Inc. trades as Mandee at 150 locations throughout CT, DE, FL, IL, MD, NJ, NY and PA. The clothing stores, selling ladies and juniors apparel, occupy spaces of 4,000 sq.ft. to 7,500 sq.ft. in malls and lifestyle, power and strip centers, in addition to downtown/urban and freestanding locations. Growth opportunities are sought throughout Broward and Dade counties, FL; urban Chicago, IL; NJ and NY during the coming 18 months. Growth opportunities are also sought throughout DE, NJ and PA during the coming 18 months, with representation by Legend Properties, Inc. Typical leases run five years. A vanilla shell and specific improvements are required. Preferred cotenants include T.J. Maxx, Marshalls and supermarkets. Major competitors include Forever 21. Preferred trade-area demographics include a population earning an average household income of $80,000. For more information regarding FL, IL, NJ and NY expansion, contact Dan Mandelbaum, Big M, Inc., 12 Vreeland Avenue, Totowa, NJ 07512; 973-8900021 Ext. 2871, Fax 973-890-4075; Email: dan@bigminc.com; Web site: www.mandee.com. For more information regarding DE, NJ and PA expansion, contact James DePetris, Legend Properties, Inc., 1001 East Hector Street, Suite 120, Conshohocken, PA 19428; 610-941-4034, Fax 610-9414038; Email: jdepetris@lpre.com. Simply Fashion Stores, Ltd. trades as Simply Fashions and Fashion Trend at 310 locations throughout AL, AR, FL, GA, IL, IN, KS, KY, LA, MD, MI, MO, MS, NC, OH, SC, TN, TX, VA, WI and Washington, DC. The stores, offering women’s apparel, footwear and accessories, occupy spaces of 3,000 sq.ft. in freestanding locations, malls, strip centers and urban/downtown areas. Plans call for 20 openings throughout the existing markets during the coming 18 months. Typical leases run five years with two, fiveyear options. A vanilla shell is required. Preferred cotenants include grocery, shoe, beauty supply, variety, dollar and check cashing stores, as well as discount retailers and nail salons. Preferred demographics include a population of 25,000 within three miles. Major competitors include Ashley Stewart, Cato, Dots, Fashion Cents and Rainbow Shops. For more information, contact Annette Freeman, Simply Fashion Stores, Ltd., PO Box 188, Birmingham, AL 35201-0188; 205-951-1530, Fax 205-951-1510; Email: realestate@simplyfashions.com; Web site: www.simplyfashions.com.
American Eagle Outfitters, Inc. trades as American Eagle Outfitters at 950 locations nationwide and throughout Canada. The stores, selling casual wear and footwear for men and women ages 15 to 25, occupy spaces of 5,500 sq.ft. in malls and downtown/urban locations. Growth opportunities are sought nationwide during the coming 18 months. The company also trades as aerie at 110 locations nationwide and throughout Canada. The stores, selling dormwear and intimates for women ages 15 to 25, occupy spaces of 4,000 sq.ft. in malls. Growth opportunities are sought nationwide during the coming 18 months. The company also trades as MARTIN
+ OSA at 28 locations throughout CA, CO, CT, GA, IL, KY, MA, MD, MI, MN, NC, NV, NY, PA, TX, WA and VA. The stores, selling refined casual wear for men and women ages 28 to 40, occupy spaces of 6,500 sq.ft. to 7,500 sq.ft. in lifestyle and specialty centers as well as malls. Growth opportunities are sought nationwide during the coming 18 months. For more information, contact Michael Cortazzo, American Eagle Outfitters, Inc., 150 Thorn Hill Drive, Warrendale, PA 15095; 724-779-5505, Fax 724-779-5580; Web sites: www.ae.com, www.aerie.com and www.martinandosa.com. DM
For 2009 We are looking for good locations for great retailers…
In Westchester, Rockland, Putnam, Dutchess and Orange Counties 4,000 s.f. to 4,700 s.f.
TJX Companies In Westchester, Rockland, Putnam, Dutchess, & Orange Counties Marshall’s Mega Shoe Store: 10,000 s.f. to 12,000 s.f. Marshall’s: 25,000 s.f. to 30,000 s.f. Home Goods: 25,000 s.f. TJ Maxx: 25,000 s.f. to 30,000 s.f.
In Westchester, Putnam and Dutchess Counties Freestanding 4,000 s.f. to 4,500 s.f.
aries deiTCh & endelson, inC. 110 South Central Avenue Hartsdale, NY tel 914-949-2800 fax 914-949-2424 www.ade-re.com Member: Retail Brokers Network
www.dealmakers.net
The
Dealmakers
January 23, 2009
page 13
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California
Connecticut
Hueytown – Allison Bonnett Plaza, a 61,397 sq.ft. strip center located at the intersection of Allison Bonnett Memorial Drive and Knight Avenue, has spaces available of 1,400 sq.ft.; 2,800 sq.ft. and 5,600 sq.ft. Publix anchors the center and cotenants include Rainbow Apparel. Area retail includes Winn-Dixie and Wal*Mart Supercenter. Area demographics include a population of 82,586 within five miles earning $45,897 as the average household income. The asking rent is $15.50 psf with CAM of $1.66 psf and taxes of $0.75 psf. Pelham – Keystone Plaza, a 60,599 sq.ft. center, has a 4,500 sq.ft. space available. Staples and Big Lots anchor the center. Cotenants include Sneaky Pete’s Hotdogs, Advance America, Western Supermarkets, Tuesday Morning, Party Zone and Pauls Diamond Center. Area demographics include a population of 61,021 within five miles earning $86,951 as the average household income. The asking rent is $12 psf with CAM of $0.52 psf and taxes of $0.59 psf. For details, contact Dan Anderson, Engel Realty Co., 951 18th Street South, Suite 200, Birmingham, AL 35205; 205939-8239, Fax 205-939-6817; Email: danderson@engelrealty.com; Web site: www.engelrealty.com.
Northridge – Reseda Chase Plaza, a 5,686 sq.ft. strip center situated on a land area of 22,216 sq.ft. at the intersection of Reseda Boulevard and Chase Street, has a 1,500 sq.ft. space available. Cotenants include Ravanelli’s Pizza, Desert Rose and Buchanon’s Pub. The asking monthly rent is $2.65 psf with CAM of $0.38 psf. For details, contact Irwin Feigenbaum, NAI Capital, 2555 Townsgate Road, Westlake Village, CA 91362; 805-795-8157, Fax 818-9017037; Email: ifeigenbaum@naicapital.com.
Middlebury – Middlebury Station, a 25,000 sq.ft. strip center situated on 2.25 acres on Middlebury Road, has space available. Area retail includes TD BankNorth, CVS and Webster Bank. Area demographics include a population of 93,793 within five miles earning $67,686 as the average household income. The average daily traffic count is 15,000 vehicles. The asking rent is $20 psf with CAM and taxes of $4 psf. For details, contact David N. Hubbard, Denenberg Realty Advisors, 230 Commercial Street, Boston, MA 02109; 413-258-4769; Email: david@denenbergrealty.com; Web site: www.denenbergra.com.
California Harbor City – Rolling Hills View Center, a 54,729 sq.ft. strip center situated on 2.55 acres, has spaces available of 1,196 sq.ft.; 4,700 sq.ft. and 8,600 sq.ft. Fresh & Easy anchors the center and cotenants include Starbucks and T-Mobile. Area demographics include a population of 176,000 within three miles earning $85,000 as the median household income. The average daily traffic count is 63,000 vehicles. The asking monthly rent is $2.45 psf. For details, contact Todd Nathanson, illi Commercial Real Estate, 17547 Ventura Boulevard, Suite 304, Encino, CA 91316; 818-501-2212, Fax 818-501-2202; Email: todd@illicre.com. Los Angeles – 2000 Marengo Plaza, a strip center situated on a land area of 15,000 sq.ft. on State Street, has spaces available from 1,100 sq.ft. to 1,700 sq.ft. Popeye’s and Subway anchor the center. Cotenants include LA Skewer. The average daily traffic count is 25,000 vehicles. The asking monthly rent is $3.25 psf. For details, contact Jan Fard, On Time Funding, 17609 Ventura Boulevard, Suite 208, Encino, CA 91316; 818-905-6900, Fax 818-647-0990; Email: otfg2000@yahoo.com; Web site: www.ontimefunding.com. page 14
January 23, 2009
The
Connecticut Darien – A center situated on 0.25 acres at the intersection of Boston Post Road, Interstate 95, Leroy and Corbin has a 4,796 sq.ft. space available. Cotenants include Helen Ainson, Baubles, Frederick’s, New Canaan Toy and Shoes and Accessories. Area retail includes Brooks Brothers, Lucy, Wish List, Ann Taylor Loft, Starbucks, CVS, Whole Foods Market, Verizon Wireless, Elizabeth Arden, Ole Mole, Cosi, Darien Sport Shop, Panera Bread and Dunkin’ Donuts. Area demographics include a population of 197,641 within five miles earning $250,000 as the median household income. The average daily traffic count is 13,900 vehicles. The asking rent is $48 psf NNN with taxes of $7,674. For details, contact Amy O’Brien, AMC Commercial, 64 Wall Street, Suite 401, Norwalk, CT 06850; 203-2990101 Ext. 12, Fax 203-831-9042; Email: amo@amccommercial.com; Web site: www.amccommercial.com. Glastonbury – The Shops at Somerset Square, a 114,000 sq.ft. specialty center located at the intersection of Glastonbury Boulevard and Main Street, has spaces available of 3,312 sq.ft. and 3,869 sq.ft. Talbot’s, Ann Taylor, Victoria’s Secret and Smith & Hawken anchor the center. Cotenants include Coldwater Creek, J. Jill, Chico’s, White House|Black Market, Jos. A. Bank, Gymboree and Pendleton. Area retail includes Whole Foods Market, Barnes & Noble, Blockbuster Video, Stop & Shop and Pier 1 Imports. Area demographics include a population of 572,000 within 10 miles earning $70,000 as the average household income. The asking rent is $35 psf with CAM of $5 psf and taxes of $5 psf. For details, contact Craig Way, HB Nitkin Group, One Fawcett Place, Greenwich, CT 06830; 203-983-5433, Fax 203-861-9005; Email: pcway@hbnitkin.com; Web site: www.hbnitkin.com.
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Newtown – Highland Plaza, a 66,000 sq.ft. strip center situated on eight acres, has spaces available of 1,500 sq.ft.; 6,000 sq.ft. and 22,000 sq.ft. along with a 3,000 sq.ft. outlot. Area retail includes Stop & Shop, Payless ShoeSource, Panera Bread and Five Guys Famous Burgers and Fries. Area demographics include a population of 225,000 within 10 miles earning $103,000 as the average household income. The average daily traffic count is 23,000 vehicles. The asking rent is $25 psf with CAM of $5 psf and taxes of $2 psf. For details, contact Robert Cascella, Higgins Commercial Group, 69 Kenosia Avenue, Danbury, CT 06810; 203207-0992, Fax 203-207-0981; Email: rcascella@comcast.net.
Florida Boca Raton – A 5,500 sq.ft. freestanding restaurant space located at the intersection of Glades Road and U.S. Highway 441 is available. Area retail includes Bed Bath & Beyond, LA Fitness, Toys “R” Us, OfficeMax, The Sports Authority, PetSmart, DSW, Petco and Home Depot. Area demographics include a population of 195,811 within five miles. Coral Gables – Miracle Plaza, a 250,000 sq.ft. power center located at the intersection of Coral Way and Southwest 33rd Avenue, has spaces available of 5,500 sq.ft.; 25,046 sq.ft. and 50,103 sq.ft. Bed Bath & Beyond, Marshalls, PetSmart, Ulta and DSW anchor the center. Cotenants include Payless ShoeSource. Area retail includes Sears, Ross Dress for Less, Staples, Big Lots and Office Depot. Area demographics include a population of 484,527 within five miles. Miami – The Shops at Midtown Miami, a 633,754 sq.ft. power center located at the intersection of North Miami Avenue and Northwest 36th Street, has spaces available (continued on page sixteen)
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of 1,200 sq.ft.; 2,300 sq.ft. and 6,000 sq.ft. Target, Marshalls and Ross Dress for Less anchor the center. Cotenants include West Elm, Loehmann’s, PetSmart, Five Guys Famous Burgers and Fries, Lime Fresh Mexican Grill and Romero Britto. Area retail includes Sushi Samba’s Sugarcane. Area demographics include a population of 535,913 within five miles. Pompano Beach – CitiSquare, a 12,333 sq.ft. strip center located at the intersection of North Federal Highway and Northwest 17th Street, has spaces available of 1,979 sq.ft. and 4,000 sq.ft. Cotenants include FedEx Office,
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Florida Dionysus Wine Bar, Bath Junkie, Peterbrooke Chocolatier, NW Seafood, Gainesville Running & Walking, Cucina Mia, Tioga Dental, Countrywide Home Loans, Scottrade, RBC Bank and Kidworks Preschool. Area retail includes Publix, Walgreens, T.J. Maxx, Bells, Home Depot, Oaks Mall, Newberry Crossing, Tower Square and Haile Plantation. Area demographics include a population of 186,605 within 10 miles earning $57,991 as the average household income. The average daily traffic count is 25,000 vehicles. The asking rent is $22 psf with CAM of $3.37 and taxes of $1.60 psf. For details, contact Grace Lambert, Tioga Town Center, 105 Southwest 128th Street, Suite 200, Jonesville, FL 32669; 352-331-4000, Fax 352-331-4201; Email: grace@townoftioga.com; Web site: www.tiogatowncenter.com.
East Palatka – Eastgate Square Shopping Center, a center situated on 10 acres at the intersection of Highway 17 South and Ferry Road, has spaces available of 900 sq.ft. and 3,600 sq.ft. SuperValu, CVS, Family Dollar and Mercantile Bank anchor the center. Cotenants include Advance America, Hunan Restaurant, Antonio’s NY Style Pizza and L&S Gold and Pawn. Area demographics include a population of 43,061 within 10 miles earning $44,060 as the average household income. The average daily traffic count is 30,750 vehicles. The asking rent ranges from $10 psf to $12 psf. For details, contact Tyler J. Saldutti, Prime Realty, 10033 Sawgrass Drive West, Suite 200, Ponte Vedra Beach, FL 32082; 904-3730578; Email: tsaldutti@primerealtyinc.com; Web site: www.primerealtyinc.com. Fort Lauderdale – Plaza Del Mar, a 32,076 sq.ft. strip center located on North Federal Highway, has spaces available of 960 sq.ft. and 6,688 sq.ft. along with two spaces of 1,984 sq.ft. Cotenants include RetroInteriors, Offerdahl’s Grill, Uni-K Wax, Pilates Design Studio and Joe Picasso’s. Area demographics include a population of 267,594 within five miles earning $67,815 as the average household income. The asking rent ranges from $28 psf to $35 psf with CAM of $11.75 psf. For details, contact William R. Pace, The Rotella Group, Inc., 3300 North Federal Highway, Suite 200, Fort Lauderdale, FL 33306; 954-568-9015, Fax 954-568-9597; Email: wrp@rotellagroup.com; Web site: www.rotellagroup.com.
STUART MAKLER:
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Florida Gentle Dental and Darque Tan. Area retail includes JCPenney, Macy’s, Sears, Lowe’s Home Improvement, Ross Dress for Less, Office Depot and Pompano Citi Centre. Area demographics include a population of 114,151 within five miles. For details, contact Vanessa Mendoza, The Shopping Center Group, LLC, 5201 Blue Lagoon Drive, Miami, FL 33126; 305-262-8877, Fax 305-262-7180; Email: vanessam@theshoppingcentergroup.com; Web site: www.theshoppingcentergroup.com.
The
Gainesville – Tioga Town Center, a 108,106 sq.ft. mixed-use center situated on 22 acres at the intersection of West Newberry Road and 128th Street, has spaces available from 860 sq.ft. to 4,800 sq.ft. Gainesville Health & Fitness Center, Oceans Restaurant and Starbucks anchor the center. Cotenants include AIM Mail Center, Salon 119, La La the Little Department Store, Nature’s Table Café, Dealmakers
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Orlando – A center located on International Drive has a divisible space of 6,240 sq.ft. available. Area retail includes Chuck E. Cheese’s, IHOP, Burger King, 7-Eleven, Popeye’s, Perkins, Checkers, Walgreens, T.G.I. Friday’s, Dunkin’ Donuts, Denny’s and McDonald’s. Trade-area demographics include a population of 141,009 earning $56,668 as the average household income. For details, contact Randi LaFerney or Shawn Conti, DeBartolo Development, 4401 West Kennedy Boulevard, Third Floor, Tampa, FL 33609; 813-6767693/7691, Fax 813-676-7696; Emails: rlaferney@debartolodevelopment.com and sconti@debartolodevelopment.com. Oviedo – Riverside Centre, a strip center situated on 1.2 acres at the intersection of West County Road 419 and Twin Rivers Boulevard, has a 7,500 sq.ft. space available. Area demographics include a population of 74,000 within five miles earning $81,000 as the average household income. The average daily traffic count is 33,000 vehicles. The asking rent is $28 psf. For details, contact Wendy L. Brown, Tizon Commercial, 4908 Easter Circle, Orlando, FL 32808; 407-375-7637; Email: wbrown@tizon.us. Sarasota – Colonial Village Shopping Center, a 47,442 sq.ft. strip center situated on 3.75 acres at the intersection of Lime Avenue and Fruitville Road, has a 4,732 sq.ft. space available. Save-A-Lot and Family Dollar anchor the center. Area demographics include a population of 165,568 within five miles earning $73,204 as the average (continued on page eighteen)
Over 7,000
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 on-line 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-to-date information, print letters and save searches. Get the details on over 7,000 retailers. TenantSearch provides: Contact Name for Director of Real Estate; 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.
Try a Demo to See for Yourself How Easy TenantSearch is to Use! Just call us for a demo on CD-Rom or go online at www.tenantsearch.com
Daily Email Alerts Retailer expansion plans are updated daily and TenantSearch users receive 5 to 25 leads daily via email for online users. TenantSearch matches ideal tenants to your site. Simply plug in the parameters of your retail property and type of tenants you desire and within seconds... you’ll have a list of retailers interested in your location.
Call 1-800-732-5856 or visit our website at www.tenantsearch.com
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household income. The average daily traffic count is 30,000 vehicles. For details, contact Nicholas Forelli, Rosen Associates Management Corp., 33 South Service Road, Jericho, NY 11753; 516-281-1532; Fax 516-281-1562; Email: nforelli@rosenmgmt.com. Stuart – Windemere Point, a 70,000 sq.ft. specialty center located at the intersection of U.S. Highway 1 and Northwest Windemere Drive, has spaces available of 1,600 sq.ft.; 6,800 sq.ft. and 10,400 sq.ft. along with a 15,000 sq.ft. outlot. L.A. Fitness anchors the center. Area retail includes Treasure Coast Square Mall, Best Buy, Pier 1 Imports, Barnes & Noble, Toys “R” Us, The Sports Authority and Target. Area demographics include a population of 96,065 within five miles earning $73,877 as the average household income. The average daily traffic count is 72,500 vehicles. The asking rent is $28 psf with CAM of $6.50 psf. For details, contact Janine Landolina, Treasure Coast Commercial Real Estate, Inc., 819 South Federal Highway, Suite 200, Stuart, FL 34994; 772-288-6646, Fax 772-288-1318; Email: landolina@tccommercialre.com; Web site: www.tccommercialre.com.
Illinois
Illinois
Aurora – River Street Plaza, a downtown mixed-use center located at the intersection of Benton and Illinois Route 31, has spaces available of 1,300 sq.ft.; 3,000 sq.ft. and 5,000 sq.ft. Cotenants include Jimmy John’s, New China Hut Restaurant and Kona Café. Area demographics include a population of 240,027 within five miles earning $77,142 as the average household income. The average daily traffic count is 31,100 vehicles. For details, contact David Fitzgerald, The Vanstrand Group, 100 South River Street, Aurora, IL 60506; 630892-7399, Fax 630-892-1915; Email: dfitzgerald@thevanstrandgroup.com; Web site: www.riverstreetplaza.com.
income. The average daily traffic count is 23,000 vehicles. For details, contact Sharon Bellino, Village of Park Forest, 226 Forest Boulevard, Park Forest, IL 60466; 708-503-8153; Email: sbellino@vopf.com; Web site: www.villageofparkforest.com.
Park Forest – DownTown Park Forest, a 35,000 sq.ft. downtown center located at the intersection of Forest Boulevard and Main Street, has spaces available of 1,469 sq.ft.; 3,000 sq.ft. and 3,300 sq.ft. Cotenants include Salon Artists Gallery, Tower Cleaners and Oasis Salon. Area retail includes CVS, Walgreens, Chase Bank, First Midwest Bank, U.S. Bank, Bumper to Bumper, Eagle Movie Theatre, Family Dollar and Chatham Beauty Supply. Area demographics include a population of 435,277 within 10 miles earning $71,731 as the average household
NEW!! 1,800 sf available for $9.00 total psf! 1955 East Military Highway (to Omaha) Fremont, NE 68025
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Indiana Indianapolis – Greenwood Place, a 276,000 sq.ft. power center situated on 35 acres at the intersection of U.S. Highway 31 and Shelby Street, has a 1,600 sq.ft. outlot available. PetSmart, Flower Factory Wholesale Superstore and Lifestyle Family Fitness anchor the center. Cotenants include McDonald’s, United Art & Education, Catherines, Five Guys Famous Burgers and Fries, Dunkin’ Donuts and Noodles & Co. Area retail includes Wal*Mart, Greenwood Park Mall and Greenwood Point Power Center. Area demographics include a population of 427,912 within 10 miles earning $60,000 as the average household income. The average daily traffic count is 50,000 vehicles. The asking rent is $19 psf with CAM of $1.12 psf and taxes of $1.65 psf. For details, contact Jeff Roberts, The
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Richard or Cheryl Paden Phone: (402) 727-6508 Fax: (402) 721-0840 Landmarkpropertyrentals.net January 23, 2009
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Broadbent Co., 117 East Washington Street, Indianapolis, IN 46204; 317237-2900, Fax 317-237-2953; Email: jroberts@broadbentco.com; Web site: www.broadbentcompany.com.
Massachusetts Boston – Downtown Crossing, a center located on Washington Street between Winter Street and Bromfield Street, has spaces available of 12,000 sq.ft.; 25,000 sq.ft. and 73,000 sq.ft. Macy’s, Marshalls, H&M, T.J. Maxx, Skecher and Aldo anchor the center. Cotenants include Bath & Body Works, Footlocker and CVS. For details, contact Robert Posner, Commonwealth Holding, LP, 184 Fisher Avenue, Brookline, MA 02445-5705; 617-2325500; Email: rap@commonwealth-usa.com. North Attleboro – A 4,421 sq.ft. strip center situated on 0.23 acres at the intersection of Route 1 and Jay Street, has a 1,300 sq.ft. space available. Area retail includes Rite Aid and Fresh Catch. Area demographics include a population of 413,009 within 10 miles. The asking rent is $14.50 psf. For details, contact Nancy Wluka, Wluka Real Estate Corp., 2 Chestnut Square, Sharon, MA 02067; 781-784-5125, Fax 781-7849900; Email: nancy@wlukarealestate.com; Web site: www.wlukarealestate.com. Mansfield – Mansfield Center Plaza, a strip center located at the intersection of North Main Street and Church Street, has an 1,800 sq.ft. space available. Casey O’Conor’s Pub and Gourmet Pizza and Grill anchor the center. Area demographics include a population of 68,686 within five miles earning $83,869 as the median household income. The average daily traffic count is 18,900 vehicles. The asking rent is $18 psf gross. For details, contact Neil Denenberg, Denenberg Realty Advisors, 230 Commercial Street, Boston, MA 02109; 617-720-5656, Fax 617-720-5676; Email: info@denenbergrealty.com; Web site: www.denenbergra.com.
Michigan Shelby Township – Shelby Town Center, a 205,664 sq.ft. power center situated on 28 acres, has spaces available of 5,856 sq.ft. and 19,200 sq.ft. Marshalls/HomeGoods, Barnes & Noble and Jo-Ann Fabrics anchor the center. Cotenants include Gorman’s Furniture, Jimmes Rustics, Panera Bread, Don Pablos, Logan’s Steakhouse and page 20
January 23, 2009
The
Michigan
New Jersey
Macaroni Grill. Area retail includes Costco, Meijer’s, Target, Home Depot, Lowe’s Home Improvement and Lakeside Mall, featuring Macy’s, Lord & Taylor, Sears and JCPenney. The average daily traffic count is 108,772 vehicles. For details, contact Mark Segal, Center Management, 300 Park Street, Suite 410, Birmingham, MI 48009; 248549-0900, Fax 248-549-0990; Email: info@centermanagement.us.
on 1.6 acres on Bergen Avenue has spaces available of 1,200 sq.ft.; 2,400 sq.ft. and 5,000 sq.ft. Area retail includes ShopRite, Kmart, Pathmark, Marshalls, Applebee’s, Burger King, Modell’s and CVS. Area demographics include a population of 693,889 within five miles earning $56,397 as the average household income. The average daily traffic count is 19,000 vehicles. The asking rent is $30 psf with CAM of $1.90 psf and taxes of $4.25 psf. For details, contact John Ponczek, JP Realty Group, 330 Route 661, Blairstown, NJ 07825; 908-813-0987; Email: jponczek@msn.com.
Nebraska Omaha – Davenport Square, a 31,766 sq.ft. strip center, has a 1,000 sq.ft. space available. Area demographics include a population of 191,587 within five miles earning $77,638 as the average household income. The average daily traffic count is 14,700 vehicles. The asking rent is $12 psf. Also, Park Drive Plaza, a 14,946 sq.ft. strip center, has spaces available from 2,210 sq.ft. to 7,624 sq.ft. Area demographics include a population of 159,377 within five miles earning $69,157 as the average household income. The average daily traffic count is 40,400 vehicles. The asking rent is $11.50 psf. For details regarding the Davenport Square property, contact Ryan Blumkin or Trenton Magid, Coldwell Banker Commercial World Group, 780 North 114th Street, Omaha, NE 68154; 402-697-8899, Fax 402-6978585; Emails: rblumkin@worldgroupllc.com and tmagid@worldgroupllc.com; Web site: www.worldgroupllc.com. For details regarding the Park Drive Plaza property, contact Bob Pollard; Email: bpollard@worldgroupllc.com.
New Hampshire Claremont – Claremont Plaza Shopping Center, a 58,544 sq.ft. strip center situated on four acres at the intersection of Washington Street and Arthur Street, has spaces available of 2,000 sq.ft.; 4,000 sq.ft. and 6,000 sq.ft. Big Lots and Dollar Tree anchor the center. Area demographics include a population of 40,277 within 10 miles earning $56,713 as the average household income. For details, contact Nicholas Forelli, Rosen Associates Management Corp., 33 South Service Road, Jericho, NY 11753; 516-281-1532; Fax 516-281-1562; Email: nforelli@rosenmgmt.com.
New Jersey Kearny – A 17,000 sq.ft. strip center situated
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Lawrenceville – NY Golf Center, a 17,000 sq.ft. strip center located at the intersection of U.S. Route 1 and Quakerbridge Mall Overpass, has a divisible space of 8,000 sq.ft. available. NY Golf anchors the center. Area retail includes Quakerbridge Mall and Mercer Mall. Area demographics include a population of 122,423 within five miles earning $98,095 as the median household income. The average daily traffic count is 86,669 vehicles. The asking rent is $25 psf with CAM of $3 psf and taxes of $4 psf. For details, contact Perry S. GraBois, Fameco Real Estate, 633 West Germantown Pike, Plymouth Meeting, PA 19462; 610834-8000 Ext. 2357, Fax 610-834-1793; Email: pgrabois@famecoretail.com. Northvale – Northvale Center, a strip center located on Livingston Avenue, has a 1,000 sq.ft. space available. Cotenants include Trustco Bank. Area demographics include a population of 161,000 within 10 miles earning $87,000 as the average household income. The average daily traffic count is 25,000 vehicles. The asking rent is $27 psf with CAM of $4 psf and taxes of $3 psf. For details, contact Bert Distelburger, Georgetown Investing, 21 Georgetown Oval, New City, NY 10956; 845548-8400, Fax 845-634-6758; Email: bert@georgetowninvesting.com; Web site: www.georgetowninvesting.com. Perth Amboy – The Shoppes at Victory Village, a strip center situated on 1.65 acres at the intersection of Route 35 and Sayre Avenue, has spaces available of 1,458 sq.ft.; 2,200 sq.ft. and 4,800 sq.ft. 7-Eleven anchors the center. Area retail includes ShopRite, KFC, Walgreen’s, McDonald’s and Quick Check. Area demographics include a population within 10 miles earning $65,000 as the median household income. The average daily
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traffic count ranges from 25,000 vehicles to 27,000 vehicles. The asking rent is $25 psf with CAM of $2.50 psf. For details, contact Dwayne Rivera, Mayrich Development, LLC, 100 Polar Way, Third Floor, Jersey City, NJ 07305; 201915-3888 Ext. 2, Fax 201-915-3889; Email: dwayne@mayrichdevelopment.com; Web site: www.mayrichdevelopment.com.
Tree, MLI, Family Dollar and Tutor Time. Area demographics include a population of 94,042 within 10 miles earning $83,260 as the median household income. The asking rent is $25 psf. For details, contact Roger Delisle, Jr., Island Associates, 444 Route 111, Smithtown, NY 11787; 631-982-2100, Fax 631-982-2101; Email: rachel@islandassociates.com; Web site: www.islandassociates.com.
and Bloomingdale’s. For details, contact David Zar, Zar Property NY, 49 West 37th Street, 10th Floor, New York, NY 10018; 212-944-7979, Fax 212730-1780; Email: david@zarpropertyny.com; Web site: www.zarpropertyny.com.
New Mexico Albuquerque – Goff Plaza Shopping Center, a 75,350 sq.ft. strip center situated on a land area of 350,000 sq.ft. on Bridge Boulevard, has spaces available of 1,000 sq.ft. and 2,000 sq.ft. Cotenants include Family Dollar, H&R Block, Bank of America, Familia Mexicana Market, J-Town Variety, and Midtown Rentals. Area retail includes Wal*Mart Supercenter and Albertsons. Area demographics include a population of 200,000 within five miles earning $28,000 as the average household income. The average daily traffic count is 40,000 vehicles. The asking annual rent ranges from $12 psf to $14 psf with CAM of $2.05 psf. For details, contact Richard Saylor, Saylor Properties, 5565 Eakes Road Northwest, Albuquerque, NM 87107; 505-263-1551, Fax 505-343-9306; Email: rsaylor8@comcast.net.
New York Brooklyn – A center located at the intersection of Court Street and Atlantic Avenue has a 1,400 sq.ft. space available. Trader Joe’s anchors the center and cotenants include Subway, CVS, Walgreens, RadioShack, Barnes & Noble, Bank of America and Sovereign Bank. For details, contact Elaine Cohen, Atlantic Acquisitions, LLC, PO Box 190218, Brooklyn, NY 11219; 917-602-9422, Fax 718-9727879; Email: rlty19@hotmail.com. Central Islip – C-Town, a strip center located at the intersection of Wheeler Road and Suffolk Avenue, has a 4,500 sq.ft. space available. Islip Market and CVS anchor the center. Cotenants include Checkers, Rainbow and Verizon Wireless. Area demographics include a population of 253,948 within 10 miles earning $93,781 as the median household income. The asking rent is $25 psf. Middle Island – Strathmore Commons, a strip center located at the intersection of Woodville Road and Middle Country Road, has a 7,538 sq.ft. space available. Kullen Supermarket, Subway and Blockbuster Video anchor the center. Cotenants include Lemon
New York – A center located at the intersection of Broadway and 125th Street has a 1,600 sq.ft. space available. Cotenants include H&R Block. The asking annual rent is $100 psf. For details, contact David N. Hubbard, Denenberg Realty Advisors, 230 Commercial Street, Boston, MA 02109; 413-258-4769; Email: david@denenbergrealty.com; Web site: www.denenbergra.com. New York – A center located at the intersection of Madison Avenue and 68th Street has a 2,346 sq.ft. space available. Area retail includes Grisogono, Joseph, Cartier, Donna Karan, Prada, D&G and Miu Miu. For details, contact Gene Meer, Friedland Realty, Inc., 767 Third Avenue, New York, NY 10017; 212-813-9860 Ext. 301; Email: gmeer@friedlandrealty.com. New York – A 1,500 sq.ft. restaurant space located between Second Avenue and First Avenue is available. Area retail includes Sony Theatres, Starbucks and Bridgemarket, featuring Bed Bath & Beyond and Food Emporium. The asking annual rent is $156,000. Queens – A divisible 45,000 sq.ft. freestanding building located at the intersection of Merrick Boulevard and Jamaica Avenue is available. Area retail includes Home Depot, VIM, Cookies Department Store, Ashley Stewart, AT&T, Footlocker, Modell’s, One Stop Kids, Bank of America, Dr. Jay’s, Sprint, Strawberry, Zales Jewelers, The Athlete’s Foot, WaMu and T-Mobile. For details, contact Andrew Pittel, Andrew A. Pittel & Co., LLC, PO Box 128, Norwood, NJ 07648; 212-818-1122, Fax 201-7841444; Email: aapittel@pittelco.com; Web site: www.pittelco.com. New York – A center located in SoHo has spaces available of 2,500 sq.ft. and 4,500 sq.ft. Area retail includes Lucky Brand Jeans, Apple Store, Bloomingdale’s and Prada. Also, A center located in SoHo has spaces available of 3,800 sq.ft.; 6,000 sq.ft. and 13,000 sq.ft. Area retail includes Apple Store, Armani Casa, Catherine Maladrino, Chanel www.dealmakers.net
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Shirley- William Floyd Plaza, a 57,450 sq.ft. strip center situated on 7.9 acres at the intersection of Roberts Road and William Floyd Parkway, has a 3,000 sq.ft. space available. King Kullen anchors the center and cotenants include Rite Aid and WaMu. Area retail includes Home Depot. The asking rent is $22 psf with CAM of $1.75 psf and taxes of $3.70 psf. For details, contact Charles Alter, William Floyd Plaza, 500 North Broadway, Suite 155, Jericho, NY 11753; 516-939-0500, Fax 516939-0255; Email: charlesalt@aol.com.
Pennsylvania East Stroudsburg – Foxmoor Village Mall, a 100,000 sq.ft. mixed-use center situated on 20 acres, has spaces available of 2,000 sq.ft.; 3,000 sq.ft.; 5,000 sq.ft.; 10,000 sq.ft.; 15,000 sq.ft. and 50,000 sq.ft. along with a 4,000 sq.ft. outlot. The asking rent is $12 psf with CAM of $3 psf and taxes of $1 psf. For details, contact R.V. Rayasam, RCE Inc., 207 South Second Street, Phillipsburg, NJ 08865; 908-454-5900, Fax 908-4545404; Email: rayasammd@yahoo.com. Irwin – Huntingdon Marketplace, a 300,000 sq.ft. center located on Route 30, has space available. Wal*Mart anchors the center. Area retail includes Bob Evans, Eat ‘N Park, Target, Giant Eagle, Panera Bread and Kohl’s. Trade-area demographics include a population of 118,210 earning $55,475 as the average household income. The average daily traffic count is 33,075 vehicles. For details, contact Randi LaFerney, DeBartolo Development, 4401 West Kennedy Boulevard, Third Floor, Tampa, FL 33609; 813-676-7693, Fax 813-676-7696; Email: rlaferney@debartolodevelopment.com. Lancaster – Howard Johnson Retail Center, a 6,000 sq.ft. mixed-use center located at the intersection of Lincoln Highway East and South Oakview Road, has spaces available of 900 sq.ft. and 1,950 sq.ft. Cotenants include Domino’s. Area retail includes East Towne Center and Tanger Outlets. Area demographics include a (continued on page twenty-two) January 23, 2009
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population of 117,105 within five miles earning $57,917 as the average household income. The average daily traffic count is 31,000 vehicles. The asking rent is $18 psf. York – York Galleria Mall, a 767,734 sq.ft. center situated on 55.1 acres at the intersection of Whiteford Road and Mount Zion Road, has spaces available of 3,560 sq.ft. and 8,323 sq.ft. Boscov’s, The BonTon, JCPenney and Sears anchor the center. Cotenants include Gap, Victoria’s Secret, Charlotte Russe, DEB, New York & Co., CJ Banks, Lane Bryant, Maurices, Aeropostale, American Eagle Outfitters, Hollister Co., PacSun, Bath & Body Works, Shenk & Tittle, Claire’s, Orioles Store, GNC, B. Moss, Footlocker, Payless ShoeSource, Finish Line, LensCrafters, Gordons Jewelers, Kay Jewelers, Zales Diamond Store, Verizon Wireless, RadioShack, GameStop, FYE, Hallmark, Yankee Candle Co., McDonald’s, Auntie Anne’s, SaladWorks, Subway, Tumble Town, Mastercuts, The Limited Too, The Children’s Place and Beauty Bar. Area retail includes York Town Center. Area demographics include a population of
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260,006 within 10 miles earning $56,099 as the average household income. The average daily traffic count ranges from 13,000 vehicles to 49,000 vehicles. For details, contact Chad Stine, Coldwell Banker Commercial Bennett Williams, 110 North George Street, 4th Floor, York, PA 17401; 717-843-5555, Fax 717-843-5550; Email: cstine@bennettwilliams.com; Web site: www.bennettwilliams.com.
asking rent is $13.50 psf NNN with CAM of $4.61 psf. For details, contact F. Ford Beach, Jr., Beach Investment Co., PO Box 242102, Memphis, TN 38124; 901-324-3700, Fax 901-888-7008; Email: fordb@testexpressinc.com.
Tennessee Memphis – CountrySide Center, a 36,500 sq.ft. strip center situated on four acres at the intersection of Highway 64/Stage Road and Van Leer Drive, has spaces available of 1,500 sq.ft. and 3,000 sq.ft. along with a 30,000 sq.ft. outlot. Dollar General anchors the center and cotenants include Subway, Planet Beach Tanning, Budget Rental, FX Hair Salon, Alterations Tailor and Sports Depot. Area retail includes Captain D’s. Area demographics include a population of 74,000 within five miles earning $38,500 as the average household income. The average daily traffic count is 70,000 vehicles. The
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Texas Brownsville – Boca Chica Plaza, a 66,625 sq.ft. strip center located on Boca Chica Boulevard between McDavitt and East 14th Street, has spaces available of 1,100 sq.ft.; 1,500 sq.ft. and 19,575 sq.ft. Target, Office Depot and Boater’s World anchor the center. Cotenants include Sprint PCS, GNC, Sally Beauty Supply and Payless ShoeSource. Area demographics include a population of 170,471 within five miles earning $37,183 as the average household income. The asking rent is $20 psf with CAM of $1.99 psf and taxes of $1.13 psf. For details, contact Charlotte Young, Eagle Equity, Inc., 5430 LBJ Freeway, Suite 1575, Dallas, TX 75240; 972-770-2271, Fax 972-7702210; Email: charlotte@eagleequityinc.com; Web site: www.eagleequityinc.com. DM
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Always Color Outside The Lines At DLC, we know opportunity is not found within rigid boundaries. We approach every project with creativity, innovation, foresight and vision to see beyond what is - to what can be. Outside the lines is where deals get done, complexity is made simple, and success is realized. Want a crayon?
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