Reporting The Nation’s Weekly News on Retailing & Retail Real Estate Volume XXX No. III
January 23, 2015
FEATURING SUPERMARKET CHAINS EXPAND NATIONWIDE Mollie Stone’s Markets operates nine locations in CA. The upscale supermarkets, featuring bakery, floral, deli, seafood and liquor departments, as well as offering international and private label food products, occupy spaces of 7,500 sq.ft. to 30,000 sq.ft. in lifestyle, specialty and tourist centers, as well as urban/downtown areas. Growth opportunities are sought throughout the San Francisco Bay area of CA during the coming 18 months. Typical leases run 35 years. Preferred demographics include a population of 20,000 within one mile earning $100,000 as the average household income. Major competitors include Whole Foods. For more information, contact Mike Stone, Mollie Stone’s Markets, 150 Shoreline Highway, Building D, Mill Valley, CA 94941; 415-289-5720, Fax 415-289-0141; Web site: www.molliestones.com. Ahold USA trades as Giant and Martin’s at 204 locations throughout MD, PA, VA and WV. The supermarkets occupy spaces of 30,000 sq.ft. to 73,000 sq.ft. in freestanding locations, lifestyle, power and strip centers. Plans call for four to six openings throughout the existing market during the coming 18 months. Typical leases run 20 years. For more information, contact Joe LaCagnina, Ahold USA, 1149 Harrisburg Pike, Carlisle, PA 17013; 717-240-7601, Fax 717-240-7595; Email: joseph.lacagnina@aholdusa.com.
Hy-Vee, Inc. trades as Hy-Vee Food Stores at 219 locations throughout IA, IL, KS, MN, MO, NE, SD and WI. The supermarkets, offering bakery, floral, pharmacy and catering departments, occupy spaces of 50,000 sq.ft. to 90,000 sq.ft. in freestanding locations and lifestyle, power, specialty and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 20 years. For more information, contact Pete Hosch, HyVee, Inc., 5820 Westown Parkway, West Des Moines, IA 50266; 515-327-2147, Fax 515-2672967; Web site: www.hy-vee.com. Meijer, Inc. trades as Meijer at 213 locations throughout IL, IN, KY, MI, OH and WI. The stores, featuring a full service grocery department, as well as apparel, health and beauty, electronics, home décor and pharmacy departments, occupy spaces of 156,000 sq.ft. to 192,000 sq.ft. in freestanding locations and power centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. A land area of 15 to 25 acres is required for freestanding locations. The company plans to operate 224 locations by the end of 2015. For more information, contact Mike Kinstle, Meijer, Inc., 2929 Walker Avenue Northwest, Grand Rapids, MI 49544; 616-453-6711, Fax 616-735-8887; Web site: www.meijer.com. (continued on page seven)
THIS ISSUE CONTAINS INFORMATION ON: • Retailers operating 29,163 locations with plans to open 1,937 sites • Real estate valued in excess of $200 million to be bought, sold & financed • Leasing activity on over 3.9 million sq.ft. of retail properties WS T NE RTAN PEDITE O P X IM SE E PLEA
Postmaster: Periodical
NATIONAL FOCUS New Construction KTGY Group, Inc. developing Alamo Drafthouse anchored site Pg. 3 Buyers and Sellers DLC Management acquires 518,000 sq.ft. power center in Poughkeepsie, NY...................... Pg. 4 Who’s Opening and Where WisePies Pizza growing in the Southwestern states.................... Pg. 5 Xtend Barre is seeking sites throughout Miami, FL and New York, NY.................................... Pg. 5 Food Chains Expand Hooters on the hunt for sites nationwide................................. Pg. 6 Exclusive and Tenant Reps Schuckman Realty, Inc. takes Starbucks to Queens, NY............ Pg. 7 Sources of Financing Cronheim Mortgage closes $30 million loan for Walmart Supercenter site.......................... Pg. 8 Lease Signings SRS Real Estate Partners signs deal with Dollar Tree in AZ........ Pg. 8 Lead Sheet Midway to enter MA and NH..... Pg. 10 Upmqua Bank to enter CA.......... Pg. 11 Christmas Tree Shops goes national...................................... Pg. 12 Omega Sports to enter the SC and VA markets.......................... Pg. 12 Space Place................................ Pg. 14
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NEW CONSTRUCTION CBRE, Inc. is preleasing Interchange Center, a development located at the intersection of Interstate 95 and Palm Bay Road in West Melbourne, FL. The site is adjacent to a Walmart Supercenter. Area retailers include Bass Pro Shoppes. The average daily traffic count is 68,000 vehicles along Interstate 95. For more information, contact James Mitchell, CBRE, Inc., 200 South Orange Street, Suite 2100, Orlando, FL 32801; 407404-5024; Email: james.mitchell@cbre.com; Web site: www.cbre.com.
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The DealmakersTM (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 $344 per year U.S., foreign $419 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 DealmakersTM 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. Periodical postage paid at Trenton, NJ and at additional mailing offices. Affiliated with Tenant Search, E.S.P., E-Blast Copyright 2015 by TKO Real Estate Advisory Group Inc. 609-587-6200, fax 609-587-3511.
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Behar Real Estate Group is preleasing Miramar Central Plaza, located at the intersection of Miramar Parkway and South Flamingo Road in Miramar, FL. Retail spaces from 1,400 sq.ft. are available, as well as outparcels. Area retailers include Kohl’s, Wells Fargo Bank, Dollar General, CVS, Panda Express and T-Mobile. The center is slated for completion during the second quarter of 2016. For more information, contact Michael Behar or David Behar, Behar Real Estate Group, 18321 West Dixie Highway, Suite 204, Miami, FL 33160; 305933-0614, Fax 305-933-0615; Emails: michael@beharrealestategroup.com and david@beharrealestategroup.com; Web site: www.beharrealestategroup.com. Schuckman Realty, Inc. is preleasing a 77,000 sq.ft. retail site situated on nine acres along Rockaway Turnpike in Lawrence, NY. Pad sites and big box spaces are available. The site is adjacent to Lowe’s Home Improvement, Modell’s, Kmart, T.J. Maxx, Conway and Applebee’s. The average daily traffic count is 66,195 vehicles. For more information, contact Jessica Vilmenay or Kenneth Schuckman, Schuckman Realty, Inc., 7600 Jericho Turnpike, Woodbury, NY 11797; 516-4968888; Emails: jessica@schuckmanrealty.com and ken@schuckmanrealty.com; Web site: www.schuckmanrealty.com. Hughs Commercial Properties, Inc. is preleasing the redevelopment of the former SC State Hospital, situated on 165 acres along Bull Street in Columbia, SC. The mixed-use project will feature retail spaces ranging from 1,000 sq.ft. to 60,000 sq.ft. along with 700,000 sq.ft. to 800,000 sq.ft. of residential and office space. The initial 120,000 sq.ft. phase will be adjacent to a minor league ballpark. For more information, contact Hughs Commercial Properties, Inc., 935 South Main Street, Suite 202, PO Box 10440, Greenville, SC 10440; 864-233-0079, Fax 864-2332093; Web site: www.hughscommercial.com. KTGY Group, Inc., in partnership with JTS, is developing Rouzan Village, a retail component of Rouzan, a 120-acre master planned residential community located near the intersection of Perkins Road and Glasglow Avenue in Baton Rouge, LA. The initial retail phase of 80,000 sq.ft. will be anchored by Alamo Drafthouse. For more information, contact KTGY Group, Inc. 17922 Fitch, Irvine, CA 92614; 949-851-2133, Fax 949-851-5156; Web site: www.ktgy.com.
Bauer & Associates Realtors is preleasing Crossroads Village, located at the intersection of U.S. Highway 169 and East 91st Street in Tulsa, OK. Outlots ranging from 0.94 acres to 1.44 acres are available, along with 14,500 sq.ft. for small shop space. Area demographics include a population of 181,647 within a five-mile radius earning $80,778 as the average household income. The average daily traffic count is 21,757 vehicles along East 91st Street. For more information, contact Doug Bauer, Bauer & Associates Realtors, 4821 South Sheridan, Suite 201, Tulsa, OK 74145; 918-665-1210, Fax 918-665-6462; Web site: www.bauertulsa.com. The Goldstein Group has been appointed as the exclusive leasing agent of Glenwood Village, a 64,000 sq.ft. mixed-use development located along Glenwood Avenue in Bloomfield, NJ. Plans call for a Foodtown Supermarket to anchor the retail component and a 220-unit apartment complex. The site is near Bloomfield Train Station, which features 250,000 passengers annually. The site has a traffic count of 47,000 vehicles daily. For more information, contact Chuck Lanyard, The Goldstein Group, 45 Eisenhower Drive, Paramus, NJ 07652; 201-703-9700 Ext. 115; Web site: www.thegoldsteingroup.com. Ripco Real Estate Corp. is preleasing a 28,111 sq.ft. retail development located along Atlantic Avenue between Boerum Place and Smith Street in Brooklyn, NY. Area retailers include Barney’s Co-Op, Trader Joe’s, Marshalls, J. Crew, Urban Outfitters, Intermix and Fulton. The average daily traffic count is 22,000 vehicles. The site is slated to open during the third quarter of this year. For more information, contact Daniel Mirea or Harris Reichenbaum, Ripco Real Estate Corp., 150 East 58th Street, 15th Floor, New York, NY 10155; 212-7506565; Emails: dmirea@ripcony.com and hreichenbaum@ripcony.com; Web site: D www.ripcony.com. M
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BUYERS AND SELLERS Cardinale Enterprises is selling Jackson Crossing, located along South Hope Chapel Road in Jackson, NJ. Tenants include McDonald’s, Kiddie Academy, Retro Fitness, H&R Block and Rite Aid. Area retailers include Wawa. Area demographics include a population of 156,102 within a five-mile radius earning $74,092 as the average household income. The company is also selling Red Bank Crossing, located along Newman Springs Road East in Red Bank, NJ. Area demographics include a population of 123,033 within a five-mile radius earning $129,501 as the average household income. For more information, contact Cardinale Enterprises; 732-747-7846; Web site: www.cardinaleenterprises.com. Cambridge Capital Advisors, LLC recently negotiated the sale of West Plymouth Square, a 126,254 sq.ft. shopping center located along Carver Road in Plymouth, MA. At the time of the sale, tenants included Ocean State Job Lot, Planet Fitness, Dollar Tree, Papa Gino’s and Eastern Bank. The property was acquired for $7 million. The company represented the buyer and KeyPoint Partners represented the seller in the transaction. For more information, contact Michael V. Scanio, Cambridge Capital Advisors, LLC, 49 Lexington Street, Suite 5, West Newton, MA 02465; 617-964-1031; Email: info@cambridgecapitaladvisors.com; Web site: www.cambridgecapitaladvisors.com. ARC Property Trust recently acquired a freestanding CVS in Midlothian, VA. For more information, contact Steve Maloy or Rob Martone, ARC Property Trust; Emails: stevem@arcproperties.com and rmartone@arcproperties.com; Web site: www.arcproperties.com.
CBRE, Inc. recently negotiated the sale of South Hills Plaza, a 120,589 sq.ft. community shopping center in West Covina, CA. At the time of the sale, Marukai Market anchored the center and tenants included 24 Hour Fitness, Taco Bell and Charter Communication. The property was acquired for $20.695 million. For more information, contact Philip D. Voorhees, CBRE, Inc.; 949-725-8521; Web site: www.cbre.com. The Shopping Center Group recently negotiated the sale of Flint Crossing, a 65,000 sq.ft. neighborhood center located in Huntsville, AL and anchored by Publix and Rite Aid. The property also includes land for future development. The company also recently negotiated the sale of The Shoppes at Due West Pavilion in Marietta, GA. At the time of the sale, tenants included Nature’s Corner Market, Blimpie, Peace Love & Pizza and Daily Grind. The two properties were acquired for $10 million. For more information, contact The Shopping Center Group, 770-955-2434; Web site: www.theshoppingcentergroup.com. Marcus & Millichap is selling a Shopko located along The 94 Freeway in Chippewa Falls, WI. The tenant is bound to a lease featuring rental escalations every three years. Area retailers include Culver’s, McDonald’s, GameStop, NAPA Auto Parts, Subway and U.S. Bank. The asking price is $10.414 million with a Cap rate of 7%. For more information, contact Mike James, Marcus & Millichap, 13845 Bishop’s Drive, Brookfield, WI 53005; 818-212-2755, Fax 818-212-2710; Email: mike.james@marcusmillichap.com; Web site: www.marcusmillichap.com.
Cardinale Enterprises is selling Jackson Crossing in Jackson, NJ. Page 4 | January 23, 2015
Trion Properties recently negotiated the sale of Seaside Village, a 20,138 sq.ft. retail component of a mixed-use property located along Palos Verdes Boulevard in Redondo Beach, CA. Ortega 120, a Mexican restaurant, anchors the retail portion which was acquired for $5.78 million. For more information, contact Max Sharkansky, Trion Properties, 8201 Beverly Boulevard, Suite 302, Los Angeles, CA 90048; 323-330-6161; Email: msharkansky@trion-properties.com; Web site: www.trion-properties.com. Battery Commercial recently negotiated the sale of a freestanding Fresh & Easy grocery store in Los Angeles, CA. The property was acquired for $7 million. For more information, contact Stephen Lacy, Battery Commercial, 303 Sacramento Street, 4th Floor, San Francisco, CA 94111; 415-963-4715; Email: slacy@batterycommercial.com; Web site: www.batterycommercial.com. Basham & Associates is selling Colorado Boulevard Center II, a 61,534 sq.ft. center located along South Colorado Boulevard in Denver, CO. The property is currently 97.6% occupied. Tenants include IHOP, Guitar Center and Lamps Plus. Area retailers include Safeway and Nordstrom Rack. The average daily traffic count is 78,000 vehicles. The asking price is $20.65 million with a Cap rate of 6.84%. For more information, contact Brandon Basham, Basham & Associates; 303-5505133; Email: brandon@bashamcre.com. DLC Management Corp. recently acquired The Shoppes at South Hills, a 518,000 sq.ft. power center located in Poughkeepsie, NY. Shop Rite, Burlington, Christmas Tree Shop, Hobby Lobby and Kmart anchor the center. Tenants include Ashley Furniture HomeStore, Bob’s Discount Furniture and Chuck E. Cheese’s. For more information, contact DLC Management Corp., 580 White Plains Road, Tarrytown, NY 10591; Web site: www.dlcmgmt.com. Colliers International recently negotiated the sale of Ocotillo Fiesta, a 40,952 sq.ft. shopping center located at the intersection of Alma School Road and Queen Creek Road in Chandler, AZ. At the time of the sale, the property was 97% occupied. For more information, contact Mindy Korth, Kirk Kuller, Jenny Bassett or Athena McKee, Colliers International, 2390 East Camelback Road, Suite 100, Phoenix, AZ 85016; 602-222-5005/5179/5158/5041; Emails: mindy.korth@colliers.com; kirk. kuller@colliers.com; jenny.bassett@colliers.com and athena.mckee@colliers.com. DM Dealmakers Magazine | www.dealmakers.net
WHO’S OPENING AND WHERE Wal-Mart Stores, Inc. (479-273-4000) is proposing the opening of two Walmart Neighborhood Market stores in Murfreesboro, TN, including a 41,921 sq.ft. location to be situated on 7.85 acres at the intersection of New Salem Highway and Cason Lane, and a 43,101 sq.ft. store to be located in Gateway at the intersection of Manson Pike and Fortress Drive. The company is also planning to open a 194,574 sq.ft. Walmart Supercenter at the intersection of Collins Road and Interstate 295 in Jacksonville, FL during spring 2016. The company trades as Walmart, Walmart Supercenter, Walmart Neighborhood Market and Walmart Express and currently operates more than 11,000 locations, as well as more than 640 Sam’s Club locations, nationwide and internationally. Dunkin’ Brands (781-737-3000) is planning to open between 410 and 440 Dunkin’ Donuts locations and between five and 10 Baskin-Robbins locations during fiscal 2015. The company, serving coffee, donuts and breakfast sandwiches, operates more than 11,000 Dunkin’ Donuts locations and more than 7,400 Baskin-Robbins restaurants worldwide. Potbelly Sandwich Works, LLC (312-9510600), through a franchised expansion plan, is looking to open 30 Potbelly Sandwich Shop restaurants throughout the Charlotte, NC region. The company prefers to occupy spaces of 1,600 sq.ft. to 3,000 sq.ft. and currently operates more than 300 locations throughout 18 states nationwide. IFly Indoor Skydiving (510-489-4359) is planning to open a 6,000 sq.ft., 60 ft. tall building, at the Met at 435 shopping center, located along Metcalf Avenue in Overland Park, KS later this year. The company, offering indoor skydiving, currently operates 35 locations.
IKEA (610-834-0180) is proposing plans to open a 269,000 sq.ft. store to be situated on 35 acres along Interstate 40 near the Germantown Parkway exit in Memphis, TN. Plans also call for a location in St. Louis, MO slated to open during the fall. The company, offering home furnishings and décor, currently operates more than 360 locations throughout 46 countries, including more than 40 stores in the U.S.
Hooters of America, LLC (770-951-2040), through a franchise expansion plan, is looking to open Hooters restaurants throughout Palm Springs, Coachella and Cathedral City, CA this year, with the first location slated to open during the summer. The company currently operates 415 fast-casual restaurants throughout 42 states nationwide and 26 countries internationally.
Xtend Barre (718-522-2580), through a franchised expansion plan, is seeking locations throughout the Miami, FL and New York, NY markets. The chain of fitness facilities currently operates more than 170 locations nationwide, as well as in Australia, Brazil, Paris, France, London, UK and Canada.
BPS Direct, LLC (800-227-7776) is planning to open a 260,000 sq.ft. Bass Pro Shops location to anchor Fruitville Commons, a development located at the intersection of Fruitville Road and Interstate 75 in Sarasota, FL during 2016. The chain, offering hunting, fishing and camping gear, outdoor apparel and accessories, currently operates 90 locations nationwide and in Canada.
Davidoff (212-751-9060) recently opened a 2,000 sq.ft. flagship store trading as Davidoff of Geneva – since 1911 at Brookfield Place in Manhattan, NY. The store features a retail space, lounge and humidor. The company, offering cigars, tobacco and related products, is slated to open a second flagship store in Atlanta, GA during the spring.
Sprouts Farmers Market (480-814-8016) is planning to open a 28,000 sq.ft. supermarket at the site of a former Ruby Tuesday’s and Pizza Hut restaurant along Montgomery Highway in Vestavia, AL during spring 2016. The company currently more than operates 175 specialty grocery stores throughout 10 states.
9Round Fitness Kickboxing (866-619-7978), through a franchised expansion plan, is opening a fitness facility in Powdersville, SC, in addition to 100 locations in the Middle East. The company currently operates 145 clubs throughout 36 states nationwide.
Elements Massage (877-663-0880), through franchised expansion, recently entered the MO market with an opening along Mid Rivers Mall Drive in St. Peters. The company currently operates nearly 200 massage facilities nationwide.
The Kroger Co. (513-762-4000) is looking to open a 101,497 sq.ft. Kroger supermarket situated on 14.15 acres at the intersection of Franklin Road and Veterans Parkway in Murfreesboro, TN.
La Madeleine de Corps, Inc. (214-6966962), through a franchisee expansion plan, is opening five La Madeleine Country French Café restaurants throughout central D and northwest AR. M
Columbia Sportswear Co. (503-985-1739) recently opened a new concept store trading as Columbia Performance Fishing Gear at Southlake Town Square in Dallas, TX. The store offers fishing apparel and gear. The company offers apparel, footwear, accessories and outdoor equipment. WisePies Pizza, LLC (844-743-9473) is planning to open 20 WisePies Pizza & Salad restaurants this year throughout AZ, CO, NM, NV and TX. Luna Grill (760-438-5862) plans to operate 30 Mediterranean-inspired restaurants by the end of 2015. The company currently operates 15 locations. Dealmakers Magazine | www.dealmakers.net
Elements Massage, through franchise expansion, recently entered the MO market with an opening in St. Peters. January 23, 2015 | Page 5
FOOD CHAINS EXPAND NATIONWIDE 16 Handles operates more than 50 locations throughout CT, MA, MD, NJ and NY. The frozen yogurt shops prefer to occupy spaces of 1,400 sq.ft. to 2,200 sq.ft. in endcaps or inline spaces of regional malls, power and lifestyle centers, as well as transit stations and freestanding locations. Growth opportunities are sought throughout NJ and NY during the coming 18 months, with representation by Savills-Studley. The company prefers to locate to areas with a dense daytime population. Shouk operates one location. The Middle Eastern restaurant is seeking to occupy spaces of 1,800 sq.ft. to 2,200 sq.ft. Growth opportunities are sought throughout Mt. Vernon Triangle, Dupont Circle, Logan Circle, Penn Quarter, Capitol Hill and Georgetown areas of Washington, DC, as well as in Arlington, VA during the coming 18 months, with representation by Savills-Studley. For more information regarding 16 Handles, contact Frank Greco, Savills-Studley; 201-556-4963; Email: fgreco@savills-studley.com; Web site: www.savills-studley.com. For more information regarding Shouk, contact Kim Roth Stein; 202-629-5058; Email: kstein@savills-studley.com. Franchising Junction trades as Philly Connection at 30 locations throughout AL, FL, GA, KY, LA, MS, NC, SC, TN and TX. The restaurants prefer to occupy spaces of 800 sq.ft. to 1,800 sq.ft. in specialty centers. Plans call for 15 openings throughout the existing markets during the coming 18 months. For more information, contact John Pollock, Franchising Junction, PO Box 673007, Marietta, GA 30006; 678-517-5900; Email: johnpollock@phillyconnection.com; Web site: www.phillyconnection.com.
Cameron Mitchell Restaurants trades as Rusty Bucket Restaurant & Tavern at 16 locations throughout Denver, CO; Broward and Dade counties and Miami, Sarasota, Tampa and Orlando, FL; IN; Detroit, MI; Charlotte, NC and Akron, Cleveland, Cincinnati, Columbus and North Canton, OH. The restaurants, with a bar, occupy spaces of 4,500 sq.ft. to 5,000 sq.ft. in endcaps of neighborhood centers, malls and freestanding locations. Growth opportunities are sought throughout FL and the Midwestern region of the U.S. during the coming 18 months. For more information, contact Keith Rodgers, Rusty Bucket Restaurant & Tavern, 515 Park Street, Columbus, OH 43215; 248245-5447; Email: keith@rdadvisors.net; Web site: www.myrustybucket.com. Chillbox operates 140 locations worldwide. The frozen yogurt shops occupy spaces of 150 sq.ft. to 1,500 sq.ft. in kiosks, storefronts and lifestyle centers. Growth opportunities are sought throughout southern FL and the New York, NY metropolitan area during the coming 18 months, with representation by Great American Brokerage. Max’s Chicken & Seafood operates three locations in Ontario, Canada. The restaurants occupy spaces of 500 sq.ft. to 1,250 sq.ft. in various retail settings. Growth opportunities are sought throughout Brooklyn, Manhattan and Queens, NY during the coming 18 months, with representation by Great American Brokerage. Venting is required. Eight Turn Crepe operates a location in New York, NY. The restaurant prefers to occupy spaces of 500 sq.ft. to 1,200 sq.ft. various retail settings. Growth opportunities are sought throughout Manhattan, NY during the coming 18 months, with representation
by Great American Brokerage. BurgerFi operates more than 75 locations nationwide. The restaurants occupy spaces of 2,200 sq.ft. to 3,200 sq.ft. in endcaps of lifestyle centers and freestanding locations. Growth opportunities are sought nationwide during the coming 18 months, with representation by Great American Brokerage. For more information, contact Paul Fetscher, Great American Brokerage, 100 West Park Avenue, Long Beach, NY 11561; 516-889-7200; Email: gtamerican@aol.com. Cabo Fresh operates two locations in Commack and Stony Brook, NY. The Mexican restaurants occupy spaces of 2,000 sq.ft. to 5,000 sq.ft. in various retail settings. Growth opportunities are sought throughout Nassau and Suffolk counties in NY during the coming 18 months, with representation by Pliskin Realty and Development, Inc. The company prefers to locate in areas with high visibility and dense traffic counts. For more information, contact Christopher Wierzbicki, Pliskin Realty and Development, Inc., 591 Stewart Avenue, Suite 100, Garden City, NY 11530; 516-997-0100 Ext. 312; Email: christopher@pliskinrealty.com; Web site: www.pliskinrealty.com. Hooters operates more than 420 locations nationwide and internationally. The restaurants occupy spaces of 5,500 sq.ft. in freestanding locations. Growth opportunities are sought nationwide during the coming 18 months. Preferred demographics include a trade-area population of 100,000 earning $50,000 as the median household income. Preferred average daily traffic counts include 30,000 vehicles. A land-area of 1.5 acres is required. Expansion is franchise-driven. For more information, contact Hooters of America, LLC; 770-951-2040, Email: franchising@hooters.com; Web site: D www.hooters.com. M
GET LISTED IN THE DEALMAKERS MAGAZINE FOR FREE! WWW.DEALMAKERS.NET/ FREE-PUBLICITY Hooters is seeking growth opportunities nationwide during the coming 18 months. Page 6 | January 23, 2015
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EXCLUSIVES AND TENANT REPS ROCK Commercial Real Estate (717854-5357) is representing Just Cabinets Furniture & More with its expansion plans throughout Allentown/Trexlertown, Exton, Montgomeryville and Scranton, PA, as well as in Annapolis, Baltimore, Cockeysville/ Timonium, Frederick, Howard County and Severna Park, MD. The company, offering furniture, cabinets and appliances, occupies spaces of 18,000 sq.ft. in anchored power centers. Preferred cotenants include T.J. Maxx, Marshalls, DSW and Ross Dress for Less. Schuckman Realty, Inc. (516-496-8888) is representing Starbucks with its expansion plans throughout Queens, NY. The coffee shops occupy 1,000 sq.ft. to 2,500 sq.ft. endcaps with a drive-thru in shopping centers. The company is also representing T-Mobile with its expansion plans throughout the New York, NY metropolitan area. The chain offers mobile phones and related accessories and services, and occupies spaces of 1,000 sq.ft. to 3,500 sq.ft. in inline spaces of shopping centers, and corner or freestanding locations. Douglas Elliman Real Estate (212-247-7940) was recently appointed as the exclusive leasing and marketing agent for Krypell Plaza, located along Northern Boulevard/ Glen Cove Road in Long Island, NY. Charles Krypell jewelers will anchor the center. Spaces from 3,000 sq.ft. to 12,000 sq.ft. are available. Winick Retail Specialists (212-792-2656) is representing Corner Bakery CafĂŠ with its expansion plans throughout Nassau and Suffolk counties in NY. The fast-casual restaurants occupy spaces of 3,400 sq.ft. to 4,400 sq.ft.
SUPERMARKET CHAINS EXPAND NATIONWIDE (continued from page one)
Whole Foods Market operates more than 400 locations nationwide. The supermarkets, featuring bakery, seafood, beer/wine, meat, cheese and produce departments, as well as offering bulk food and prepared food items, occupy spaces of 30,000 sq.ft. to 35,000 sq.ft. in freestanding locations and inline spaces of shopping centers. Growth opportunities are sought throughout MI during the coming 18 months, with representation by Howard Schwartz Commercial Real Estate, LLC. Preferred demographics include a trade-area population of 200,000 within a 20-minute drive-time. Sites must include abundant parking with easy accessibility from the roadway. The company prefers to locate in areas with high visibility and strong vehicular and foot traffic counts. For more information, contact Howard Schwartz, Howard Schwartz Commercial Real Estate, LLC, 30054 Orchard Lake Road, Farmington Hills, MI 48334; 248-538-4800, Fax 248-538-8530; Email: howard@hscre.com; Web site: www.hscre.com. Sprouts Farmers Market operates 191 locations throughout AZ, CA, CO, GA, KS, NM, NV, OK, TX and UT. The supermarkets, offering organic and locally grown food items, health supplements and bulk food products, occupy spaces of 28,000 sq.ft. to 30,000 sq.ft. in freestanding locations and specialty, strip and neighborhood centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 10 years. For more information, contact Ted Frumkin, Sprouts Farmers Market, 11811 North Tatum Boulevard, Suite 2400, Phoenix, AZ 85028; 602-682-1556, Fax 480-385-2354; Web site: www.sprouts.com.
Houchens Industries, Inc. trades as IGA, Price Le$$ Foods and Price Le$$ IGA at 95 locations throughout AL, IL, IN, KY, TN and VA. IGA prefers to occupy spaces of 15,000 sq.ft. to 30,000 sq.ft. and Price Le$$ Foods and Price Le$$ IGA prefer to occupy spaces of 20,000 sq.ft. to 30,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. The company also trades as Save-A-Lot at more than 1,000 locations throughout AL, GA, IL, IN, KY, NC, NY, OH, SC, TN, VA and WV. The supermarkets occupy spaces of 15,000 sq.ft. to 20,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. The company also trades as Crossroads IGA Market. The concept, features a grocery store/convenience store, gasoline facilities, as well as a quickservice restaurant, and is seeking to occupy freestanding buildings of 10,000 sq.ft. Growth opportunities are sought throughout southern IN, KY and TN during the coming 18 months. For more information, contact Corky Beyke, Houchens Industries, Inc., 700 Church Street, Bowling Green, KY 42102; 270-8433252, Email: cbeyke@houchensindustries.com; D Web site: www.houchensindustries.com. M
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SOURCES OF FINANCING Cronheim Mortgage recently secured $30 million in financing for Liberty Square Center, a 380,383 sq.ft. shopping center anchored by Walmart Supercenter and located in Burlington County, NJ. The 10-year loan features a 30-year amortization period. The company also recently negotiated $6.3 million in financing for a freestanding CVS in Huntington, NY. The loan features a 15year term. For more information, contact Dev Morris or Andrew Stewart, Cronheim Mortgage, 205 Main Street, PO Box 807, Chatham, NJ 07928; 973-635-6800; Emails: dev.morris@cronheimmortgage.com and andrew.stewart@cronheimmortgage.com; Web site: www.cronheimmortgage.com. Robert Faust Mortgage Co. recently negotiated a construction loan of $2.761 million for the proposed Shops at Kings Fort, a 13,244 sq.ft. retail development situated on 1.73 acres along Kings Fort Parkway in Kaufman, TX. Tenants will include AT&T Mobility, Great Clips and Verizon Wireless. For more information, contact Bob Faust, Robert Faust Mortgage Co., 6060 North Central Expressway, Suite 620, Dallas, TX 75206; 214-691-1545, Fax 214-891-0327; Email: robert.l.faust@gte.net. BGM Realty Capital, LLC provides financing for retail, hospitality, office and industrial properties. Loans feature terms from five to 10 years, loan-to-value ratios of up to 90% and amortization rates of 15 to 30 years. For more information, contact Griffin Martin, BGM Realty Capital, LLC; 480-3972383; Email: martin@bgmrealtycapital.com; Web site: www.bgmrealtycapital.com. Capstone Financial recently negotiated $2 million in financing for a grocery-anchored shopping center in DuQuoin, IL. The 10-year loan features a loan-to-value rate of 61%, an amortization period of 20 years and rates of 3.65%. For more information, contact Capstone Financial, 2299 Technology Drive, Suite 210, O’Fallon, MO 63368; 877-315-4289; Email: info@cfscapstone.com; Web site: www.cfscapstone.com. Global Solutions, LLC offers financing for retail properties. Loans start at $3 million and feature terms of 15 to 25 years, loan-to-value ratios of up to 100% and rates of 4.5% to 5.5%. For more information, contact Jared Rine, Global Solutions, LLC; Email: jared@glblsolutions.com. DM Page 8 | January 23, 2015
LEASE SIGNINGS NewQuest Properties (281-477-4374) recently negotiated the following leases throughout TX: with Vogue Cleaners for 1,050 sq.ft. at Fairfield Marketplace, located at the intersection of Highway 290 and Mason Road in Cypress, with Bob Conwell and Rachael Keener of NewQuest Properties represented the landlord in the transaction; with T-Mobile for 2,500 sq.ft. at Antoine Town Center, located at the intersection of Highway 249 and Antoine in Houston, with Brad Elmore and John Nguyen of NewQuest Properties representing the landlord and Jeff Scarborough of Scarborough Real Estate representing the tenant in the transaction; with Sprint Wireless for 1,965 sq.ft. at Market and Hunting Bayou, located at the intersection of Interstate 10 and Holland Avenue in Houston, TX, with Brad Elmore representing the landlord in the transaction; with Mattress One for 2,700 sq.ft. at Black Rock Commons, located at the intersection of Wallisville Road and Beltway 8 in Houston, TX, with Juan Carlos Alonso of NewQuest Properties representing the landlord in the transaction and with Adagio Dental for 2,520 sq.ft. at Chamber Town Center, located at the intersection of Interstate 10 and Highway 146 in Baytown, TX, with Bob Conwell and Brad Elmore representing the landlord and Alan Clark of Phelps Commercial Realty representing the tenant in the transaction. Royal Properties, Inc. (914-237-3403) recently negotiated leases with Wireless Zone for 1,200 sq.ft. along Delancey Street in New York, NY, with David Landes of Royal Properties, Inc. representing the tenant and Zelnik & Co. represented the landlord in the transaction and for 600 sq.ft. along Park Avenue South in Manhattan, NY. Charter Realty & Development (203-2272922) recently negotiated a lease with Dollar Tree for 9,733 sq.ft. at East Brook Mall, a 151,377 sq.ft. center located in Mansfield, CT. The company will join Kohl’s, T.J. Maxx and Applebee’s at the site. Carol Hutchinson of Charter Realty & Development represented the tenant in the transaction. SRS Real Estate Partners (214-560-3215) recently negotiated a lease with Dollar Tree for 10,800 sq.ft. at Chandler Festival, located at the intersection of Chandler Boulevard and Loop 101 in Chandler, AZ. The company will join Nordstrom Rack and T.J. Maxx at the shopping center. Crossman & Co. (407-423-5400), in a joint effort with Compass Realty, recently negotiated a lease with Giovanni’s for 3,575 sq.ft. along Narcoossee Road in Orlando, FL.
Divaris Real Estate, Inc. (757-497-2113) recently negotiated a lease with Shoe Show for 8,278 sq.ft. at Brookhill Azalea Shopping Center, located along Chamberlayne Road in Richmond, VA, with Sara Goodall, Read Goode and Cheryle Toy of Divaris Real Estate, Inc. representing the landlord in the transaction. The company also recently negotiated lease renewals with McDonald’s for 3,000 sq.ft. at Willow Oaks Square Shopping Center, located along Fox Hill Road in Hampton, VA, with Eric Bucklew of Divaris Real Estate, Inc. representing the landlord in the transaction and with FedEx Office for 5,640 sq.ft. along Oyster Point Road in Newport News, VA, with Karen Beale of Divaris Real Estate, Inc. representing the landlord in the transaction. Eastman Cos. (201-796-7788) recently negotiated a lease with Choice Pet Supply for 3,000 sq.ft. at The Village at Livingston, a 93,000 sq.ft. shopping center located at the intersection of Route 10 and Eisenhower Parkway in Livingston, NJ. Jeff Kintzer and Farron Roboff of Royal Properties, Inc. represented the tenant and David Perlmutter of Perlmutter Properties represented Eastman Cos. in the transaction. illi Commercial Real Estate (818-5012212) recently negotiated a three-year lease with VIP Nannies for 550 sq.ft. along Ventura Boulevard in Studio City, CA. Todd Nathanson of illi Commercial Real Estate represented the landlord and Rico Starling of illi Commercial Real Estate represented the tenant in the transaction. High Street Retail USA (305-206-1708) recently negotiated a lease with Gelateria 4D for 735 sq.ft. along North Ocean Boulevard in Deerfield Beach, FL. Sharon Dresser of High Street Retail USA represented the tenant in the transaction. Sterling Organization (561-835-1810) recently negotiated leases with Wendy’s for 3,500 sq.ft. and Aquashop for 8,700 sq.ft. at Pompano Citi Centre, located along North Federal Highway in Pompano Beach, FL. Main Street Property Services, Inc. (925299-8170) recently negotiated a lease with Ike’s Lair for space along Powell Street in Emeryville, CA. First Western Properties (773-545-2000) recently negotiated a lease with 7-Eleven for space along Chicago Avenue in Oak D Park, IL. M Dealmakers Magazine | www.dealmakers.net
LEAD SHEET Jiffy Lube Andrew Bonica c/o Eastern Retail Properties 25 Braintree Hill Office Park, Suite 305 Braintree, MA 02184 781-849-9010, Fax 781-849-9050 Email: abonica@easternretail.com Web site: www.easternretail.com
Automotive The chain operates more than 2,200 locations throughout North America. The automotive service centers occupy spaces of 3,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout MA during the coming 18 months, with representation by Eastern Retail Properties.
Moran Family of Brands dba Mr. Transmission, Milex, Alta Mere, Smartview, Dr. Nick’s and Multistate Jack Yost 4444 West 147th Street Midlothian, IL 60445 708-297-2231, Fax 615-895-9198 Email: jyost@moranbrands.com Web site: www.moranfamilyofbrands.com
Automotive The 121-unit chain operates locations nationwide. The automotive service centers occupy spaces of 2,500 sq.ft. to 5,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run five years with three, five-year options. The site criteria for the company includes at least 50,000 registered vehicles within a five-mile radius. Major competitors include Aamco and Meineke.
Parks Real Properties, LLC dba Parks Auto Parts and Parks Automotive Finishes Harry Poole or Rachel Parks 5429 Rivers Avenue North Charleston, SC 29406-6192 843-747-6656 Email: hpoole@parksautoparts.com Web site: www.parksautoparts.com
Automotive The 12-unit chain operates locations throughout SC. The stores, offering automotive parts and accessories, occupy spaces of 8,000 sq.ft. near anchored strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. The company prefers to acquire land and to build its own freestanding stores.
Peerless Tyre Co. Jeff Forbes 5000 Kingston Street Denver, CO 80239 303-371-4300, Fax 303-371-4749 Email: peerless@peerlesstyreco.com Web site: www.peerlesstyreco.com
Automotive The 60-unit chain operates locations throughout CO, KS, NE, NM, SD, TX and WY. The automotive service centers occupy spaces of 3,000 sq.ft. to 5,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. A land area of 20,000 sq.ft. is required.
Houchens Industries, Inc. dba Jr. Food Stores Corky Beyke 700 Church Street Bowling Green, KY 42101 270-843-3252, Fax 270-780-2863 Email: cbeyke@houchenindustries.com Web site: www.houchenindustries.com
Convenience The 50-unit chain operates locations throughout KY and TN. The convenience stores with gasoline facilities, occupy spaces of 3,000 sq.ft. to 10,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. A land area of 1.5 to two acres is required.
Kwik Shop, Inc. dba Kwik Shop Clay Brasher PO Box 1927 Hutchinson, KS 67504-1927 Web site: www.kwikshop.com
Convenience The 128-unit chain operates locations throughout IA, KS and NE. The convenience stores occupy spaces of 4,000 sq.ft. to 7,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. The company prefers site submittals sent via mail.
Dealmakers Magazine | www.dealmakers.net
January 23, 2015 | Page 9
LEAD SHEET Mapco Express, Inc. / NTI Investments, LLC dba Mapco Mart Steve Vanden Noven 7102 Commerce Way Brentwood, TN 37027 615-224-7868, Fax 615-224-7941 Email: steve.vandennoven@mapcoexpress.com Web site: www.mapcoexpress.com
Convenience The 370-unit chain operates locations throughout the southeastern region of the U.S. The convenience stores occupy spaces of 4,780 sq.ft. in freestanding locations, power and strip centers, as well as urban/downtown areas. Growth opportunities are sought throughout the existing market, in addition to AL, AR, KY and TN during the coming 18 months.
Midway Oil Corp. dba Midway Joe Merone 217 North Main Street Rutland, VT 05701 802-775-5534 Ext. 206, Fax 802-775-5044 Email: joe@midwayoil.biz Web site: www.midwayoil.biz
Convenience The 19-unit chain operates locations throughout NY and VT. The convenience stores occupy spaces of 2,000 sq.ft. to 3,200 sq.ft. in freestanding locations and tourist centers. Growth opportunities are sought throughout MA, NH, NY and VT during the coming 18 months. Typical leases run 10 years. Preferred demographics include a population of 30,000 within five miles earning $40,000 as the average household income. Major competitors include Citgo and Shell. The company will consider sites up to 4,000 sq.ft. and requires up to one acre of land for freestanding locations.
Ann & Hope, Inc. dba Ann & Hope - Curtain & Bath Outlet and Garden Outlet Michael Chase 1 Ann & Hope Way Cumberland, RI 02864 401-722-1000 Email: mchase@annhope.com Web site: www.curtainandbathoutlet.com
Discount The 13-unit chain operates locations throughout CT, MA and RI. The stores, offering window treatments, bathroom items and outdoor accessories, occupy spaces of 7,500 sq.ft. to 27,500 sq.ft. in power, strip and value centers. Growth opportunities are sought throughout the existing markets, in addition to southern NH, during the coming 18 months. Typical leases run five years with options. A vanilla shell is required.
Best Buy Canada Ltd. dba Best Buy Canada Ltd., Future Shops and Best Buy Mobile Geoff Stollery 8800 Glenlyon Parkway Burnaby, British Columbia, Canada V5J 5K3 604-456-8264, Fax 604-412-5215 Email: gstollery@bestbuycanada.ca Web site: www.futureshop.ca
Electronics The 264-unit chain operates locations throughout Canada. The stores, offering computers, cellular phones, cameras, office supplies, major appliances and musical instruments, occupy spaces of 500 sq.ft. to 36,000 sq.ft. in freestanding locations, power and shopping centers, as well as downtown areas. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run 10 years.
Cellular Sales – A Verizon Wireless Authorized Retailers Marc Mandel c/o CBRE | Fameco 625 West Ridge Pike, Building A, Suite 100 Conshohocken, PA 19428 484-567-2826 Email: marc.mandel@cbre.com
Electronics The 450-unit chain operates locations throughout the southern, Midwest and Mid-Atlantic regions of the U.S. The stores, offering cellular phones and related services and products, occupy spaces of 2,000 sq.ft. to 6,000 sq.ft. in freestanding locations inline spaces and endcaps of shopping centers. Growth opportunities are sought throughout DE, NJ and from central to eastern PA during the coming 18 months, with representation by CBRE | Fameco. The company prefers locations with high visibility.
Karl’s, Inc. dba Karl’s Elmer Karl PO Box 148 Gregory, SD 57533 605-835-8711, Fax 605-835-8425 Web site: www.karlsonline.com
Electronics The 20-unit chain operates locations throughout IA, MN, NE and SD. The stores, offering electronics, appliances and furniture items, occupy spaces of 12,000 sq.ft.in freestanding locations and urban/downtown areas. Growth opportunities are sought throughout MN and ND during the coming 18 months.
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Dealmakers Magazine | www.dealmakers.net
LEAD SHEET Malco Theaters, Inc. dba Malco Theaters Michael Lightman c/o Michael Lightman Realty Co. 5100 Poplar Avenue, Suite 2602 Memphis, TN 38137 901-767-5240, Fax 901-767-5241 Email: michael@lightmanrealty.com Web site: www.malco.com
Entertainment The 34-unit chain operates locations throughout AR, KY, MO, MS and TN. The movie theaters occupy spaces of 22,000 sq.ft. to 55,000 sq.ft. in freestanding locations and regional malls. Growth opportunities are sought throughout the existing markets during the coming 18 months, with representation by Michael Lightman Realty Co. Preferred demographics include a population of 50,000 within five miles.
The Zone Entertainment dba The Zone Dale Clark c/o Nexus Realty Corp. 1631 22nd Street West Vancouver, British Columbia, Canada V7V 4E2 604-922-3353, Fax 604-922-6893 Email: daleclark@nexusrealtycorp.com Web site: www.nexusrealtycorp.com
Entertainment The two-unit chain operates locations in Canada. The facilities, featuring a bowling alley and a brew pub, occupy spaces of 30,000 sq.ft. to 60,000 sq.ft. in freestanding locations, malls and lifestyle centers. Growth opportunities are sought throughout the western region of the U.S. during the coming 18 months, with representation by Nexus Realty Corp. Typical leases run 10 years. The company will rent or acquire sites.
Upmqua Bank Laura Tinetti c/o SRS Real Estate Partners 301 Howard Street, Suite 900 San Francisco, CA 94105 415-908-4937 Email: laura.tinetti@srsre.com Web site: www.srsre.com
Finance The chain operates 150 locations throughout OR and WA. The banks occupy spaces of 1,200 sq.ft. to 1,700 sq.ft. in freestanding locations, power and strip centers, as well as urban areas. Growth opportunities are sought throughout CA during the coming 18 months, with representation by SRS Real Estate Partners.
Retro Fitness Ray Lauletti 43 County Road 537 West Colts Neck, NJ 07722 732-431-0062 Ext. 23 Email: rayl@retrofitness.com Web site: www.retrofitness.net
Fitness The chain operates more than 100 locations nationwide in 19 states. The fitness centers occupy spaces of 12,000 sq.ft. to 15,000 sq.ft. in shopping centers. Growth opportunities are sought throughout CA, CT, DE, FL, IL, MA, MD, MI, NC, NJ, NY, PA, TX and VA during the coming 18 months. Preferred cotenants include grocery stores.
Pandora Olivia Territo c/o The Rotella Group 3300 North Federal Highway, Suite 200 Ft. Lauderdale, FL 33306 954-568-9015 Email: olivia@rotellagroup.com Web site: www.rotellagroup.com
Jewelry The chain operates more than 1,000 locations nationwide. The jewelry stores occupy spaces of 1,000 sq.ft. to 1,800 sq.ft. in shopping centers. Growth opportunities are sought in select markets in FL during the coming 18 months, with representation by The Rotella Group.
Famous Footwear Tom Woods or Brian Woods c/o Colliers International 2390 East Camelback Road, Suite 100 Phoenix, AZ 85016 602-222-5000, Fax 602-222-5001 Emails: tom.woods@colliers.com or brian.woods@colliers.com Web site: www.colliers.com
Shoes The 1,100-unit chain operates locations nationwide. The stores, offering family footwear, occupy spaces of 6,000 sq.ft. to 7,000 sq.ft. in power centers. Growth opportunities are sought throughout AZ during the coming 18 months, with representation by Colliers International. Preferred cotenants include Walmart Supercenter and Super Target.
Dealmakers Magazine | www.dealmakers.net
January 23, 2015 | Page 11
LEAD SHEET Lamey-Wellehan James Wellehan or Don Stowell 940 Turner Street Auburn, ME 04210 207-784-6595, Fax 207-784-9650 Email: jim@lwshoes.com Web site: www.lwshoes.com
Shoes The six-unit chain operates locations throughout ME. The stores, offering family footwear, occupy spaces of 4,000 sq.ft. to 7,000 sq.ft. in freestanding locations, lifestyle, power, specialty and strip centers. Growth opportunities are sought throughout MA, ME and NH during the coming 18 months.
Group Nine Associates dba New Balance Gary Hauss 6700 Fallbrook Avenue, Suite 150 West Hills, CA 91307 818-431-2501, Fax 818-884-7967 Email: gary@gnine.com
Shoes The company operates two locations in CA. The chain offers apparel, footwear and related accessories, and prefers to occupy spaces of 1,950 sq.ft. to 2,500 sq.ft. in lifestyle centers and street front locations. Growth opportunities are sought throughout select markets in southern CA and in Las Vegas, NV during the coming 18 months. New Balance currently operates at 200 locations worldwide.
Weyco Group, Inc. dba Florsheim Tim Then 333 West Estabrook Boulevard Glendale, WI 53212 414-908-1600, Fax 414-908-1601 Email: tthen@weycogroup.com Web site: www.weycogroup.com
Shoes The 17-unit chain operates locations nationwide. The stores, offering high-end men’s footwear, occupy various size spaces in tourist centers. Limited growth opportunities are sought throughout the existing market during the coming 18 months. The company prefers sites with high visibility, as well as locating near convention areas.
Bed Bath & Beyond, Inc. dba Christmas Tree Shops Susan Brancato 650 Liberty Avenue Union, NJ 07083 Email: susan.brancato@bedbath.com Web site: www.christmastreeshops.com
Specialty The 78-unit chain operates locations throughout AL, CT, DE, FL, GA, IN, MA, ME, MI, NC, NH, NJ, NY, PA, RI, SC, VA and VT. The stores, offering home décor, housewares, outdoor products and seasonal merchandise, occupy spaces of 28,000 sq.ft. to 55,000 sq.ft. in freestanding locations, malls, mixed-use and power centers. Growth opportunities are sought nationwide during the coming 18 months.
Omega Sports, Inc. dba Omega Sports Philip Bowman 130 South Walnut Circle Greensboro, NC 27409 336-854-0797 Ext. 3106, Fax 336-299-1043 Email: pbowman@omegasports.net Web site: www.omegasports.net
Sporting Goods The 16-unit chain operates locations throughout NC. The sporting goods stores occupy spaces of 5,500 sq.ft. to 10,000 sq.ft. in lifestyle, power, strip and value centers. Growth opportunities are sought throughout NC, SC and VA during the coming 18 months. Typical leases run five years with options. A vanilla shell and specific improvements are required. Preferred cotenants include Trader Joe’s, Fresh Market, Whole Foods, Marshalls, Old Navy, Target and T.J. Maxx. Preferred demographics include a trade-area population earning $50,000 as the average household income.
The preceding leads have been verified by calls made to or written submittals from the respective retailers during the weeks prior to publication. Since the majority of chains featured in Lead Sheet are small in size, some changes in their expansion plans should be expected. To be included in an upcoming issue, just fax a note or call us with the details. Our fax number is (609-587-3511) and you can reach us by phone at (609-587-6200) or email at ann@dealmakers.net. Page 12 | January 23, 2015
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SPACE PLACE California
California
California
Los Angeles – A center located at the intersection of Venice Boulevard and Western Avenue, has an inline space of 2,500 sq.ft. available. Area demographics include a population of 1.283 million within five miles earning $52,474 as the average household income. The average daily traffic count is 40,980 vehicles. The montly asking rent is $4.50 psf NNN. For more information, contact Jesse Paster or Patrick Ortiz, NAI Capital, 1640 South Sepulveda Boulevard, Suite 500, Los Angeles, CA 90025; 818-742-1624/310-4408500; Email: jpaster@naicapital.com; Web site: www.naicapital.com.
Wakefield of California, Inc., 2020 Main Street, Suite 1000, Irvine, CA 92614; 949-930-2471/9206; Email: kevin.hansen@cushwake.com.
For more information, contact Sharon Courtway, Sperry Van Ness | Renaissance Commercial, Inc., 1600 Dove Street, Suite 315, Newport Beach, CA 92660; 949-423-6990 Ext. 3070; Email: sharon.courtway@svn.com; Web site: www.svn-renaissance.com.
Mission Viejo – Mission Foothill Marketplace, located along Los Alisos Boulevard, has spaces from 900 sq.ft. to 11,800 sq.ft. available. Cotenants include Vons, CVS, Massage Envy, Domino’s and Subway. Area demographics include a population of 217,966 within five miles earning $118,100 as the average household income. The average daily traffic count is 45,000 vehicles. For more information, contact Kevin Hansen or Chris Walton, Cushman &
Mountain View – Monta Loma Plaza, located at the intersection of North Rengstorff Avenue and Middlefield Road, has a junior anchor space of 13,503 sq.ft. available. Cotenants include Fresh & Easy, Starbucks and Meriwest Credit Union. Area demographics include a population of 294,809 within five miles earning $124,024 as the average household income. The average daily traffic count is 35,000 vehicles. For more information, contact Dixie Divine or Doug Ferrari, Prime Commercial, Inc., 1543 Lafayette Street, Suite C, Santa Clara, CA 95050; 408-8794001/4002, Fax 408-879-4004; Email: ddivine@primecommercialinc.com; Web site: www.primecommercialinc.com.
Ontario – Grove Plaza, has anchor spaces, inline spaces and pad sites available. Cotenants include 99 Cents Only, CVS, Wells Fargo and Burger King. Join over 118,900 members looking to acquire, sell, lease and finance all types of commercial real estate. We’re the place to list your center’s availabilities and to find that perfect site. No matter the economy, these forums make sense and, best of all, they’re free! Sign up today at www.dealmakerS.net/Free-email-ForumS
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Redondo Beach – Riviera Plaza, located at the intersection of Palos Verdes Boulevard and Via Valencia, has an inline space of 1,418 sq.ft. available, along with a 3,208 sq.ft. endcap restaurant space. Cotenants include Trax Hair Design, Golden Boutique Jeweler and PostNet. Area demographics include a population of 346,682 within five miles earning $116,348 as the average household income. For more information, contact Maryl Binney, Highland Partners Corp., 200 Pier Avenue, Suite 126, Hermosa Beach, CA 90254; 310-379-2228 Ext. 4; Email: maryl.haire@highlandpartnerscorp.com; Web site: www.highlandpartnerscorp.com.
Delaware Millsboro – Mid-Sussex Shopping Center, located along Dupont Boulevard, has three pad sites available. Cotenants include Rose’s, Shoe Show and Goodwill. Area demographics include a population of 66,032 earning $67,989 as the average household income. For more information, contact Susan McGee, Divaris Real Estate, Inc., 8000 Westpark Drive, Suite 630, McLean, VA 22102; 571-620-5146; Email: smcgee@divaris.com; Web site: www.divaris.com.
Florida Hallandale – Publix Plaza, a 90,000 sq.ft. center located at the intersection of East Hallandale Beach Boulevard and 14th Avenue, has a space of 5,000 sq.ft. available. Cotenants include Publix, Petco, H&R Block and BB&T Bank. Area demographics include a population of 305,095 within five miles earning $64,422 as the average household income. The average daily traffic count is 55,000 vehicles. North Miami Beach – Sunny Isles Square, a 102,650 sq.ft. neighborhood center located along 163rd Street, has spaces from 2,400 sq.ft. to 2,800 sq.ft. available. Area retailers include CVS, Publix, WinnDixie and Walgreens. Area demographics include a population of 140,982 within three miles earning $73,435 as the average household income. The average daily traffic count is 50,000 vehicles. Dealmakers Magazine | www.dealmakers.net
SPACE PLACE Florida
Florida
Illinois
For more information, contact RK Centers, 17100 Collins Avenue, Suite 225, Sunny Isles Beach, FL 33160; 305-949-4110, Fax 305-948-3410; Email: leasing@rkcenters.com.
Foods Market, Tsunami Sushi + Hibachi Grill, Starbucks, T. Georgiano’s, Zoom Tan, Stylish Living and LaBella Intimates. Area demographics include a population of 139,179 within five miles earning $68,703 as the average household income. For more information, contact Barbara Carnes, Casto, 5391 Lakewood Ranch Boulevard, Suite 100, Sarasota, FL 34240; 941-552-2708, Fax 941-952-9562; Email: bcarnes@castoinfo.com; Web site: www.castoinfo.com.
Wheeling – Lexington Commons Plaza, located at the intersection of Lake Cook Road and Lexington Drive, has spaces of 1,140 sq.ft., 2,312 sq.ft. and 2,380 sq.ft. available. Cotenants include Stella’s Place, XO Restaurant, Jets Pizza, Subway, Salata and Starbucks. Area demographics include a population of 240,734 within five miles earning $106,767 as the average household income. The average daily traffic count is 39,000 vehicles along Lake Cook Road. For more information, contact Jonathan Hyman, Metro Commercial Real Estate, 56 Skokie Valley Road, Highland Park, IL 60035; 847-412-9898, Fax 847-412-0101; Email: jhyman@metrocre.com; Web site: www.metrocre.com.
Inverness – Inverness Regional Shopping Center, a 204,070 sq.ft. neighborhood shopping center located along Highway 41 North, has spaces from 629 sq.ft. to 38,520 sq.ft. available. Cotenants include Bealls Outlet, Kmart, Radio Shack, Hungry Howie’s Pizza, GNC and Papa J’s Café. Area demographics include a population of 35,293 within five miles earning $52,417 as the average household income. For more information, contact Albert Silvera, Surrey Equities, 40 Fulton Street, 6th Floor, New York, NY 10038; 212619-0059, Fax 212-619-0069; Email: albert@surreyequities.com; Web site: www.surreyequities.com. Miami – Shoppes at Lago Mar, located at the intersection of 72nd Street/Sunset Drive and 157th Avenue, has spaces of 1,260 sq.ft., 1,440 sq.ft. and 2,200 sq.ft. available. Cotenants include Publix and Youfit. Area demographics include a daytime population of 153,706 within five miles. The average daily traffic count is 37,000 vehicles along 72nd Street/Sunset Drive. For more information, contact David Behar or Lawrence Oxenberg, Behar Real Estate Group, Inc., 18321 West Dixie Highway, Suite 204, Miami, FL 33160; 305-933-0614, Fax 305-933-0615; Email: david@beharrealestategroup.com; Web site: www.beharrealestategroup.com. Miami – Flagler Park Plaza, a 349,826 sq.ft. center located at the intersection of West Flagler Street and 82nd Avenue, has spaces of 1,001 sq.ft., 1,375 sq.ft. and 14,000 sq.ft. available. Cotenants include Publix, Walgreens, Office Depot, Michaels, Big Lots, Anna’s Linens, Outback Steakhouse, buy buy Baby, PetSmart, Game Stop and H&R Block. Area demographics include a population of 406,158 within five miles earning $62,688 as the average household income. For more information, contact Susana Hernandez-Hazzi, Kimco Realty, 1 Oakwood Boulevard, Suite 70, Hollywood, FL 33020; 954-956-2116; Email: shazzi@kimcorealty.com; Web site: www.kimcorealty.com. Sarasota – Whole Foods Market Centre, a 60,000 sq.ft. mixed-use development located along First Street, between Central Avenue and Lemon Avenue, has a retail space of 1,125 sq.ft. available. Cotenants include Whole Dealmakers Magazine | www.dealmakers.net
Illinois Chicago – The Landings, a shopping center located along Torrence Avenue, has spaces from 1,600 sq.ft. to 21,365 sq.ft. available. Cotenants include Walmart, Anna’s Linens, Burlington, Ultra Foods, Forman Mills, Dollar Tree, Citi Trends, Pier 1 Imports and Pay/Half. Area demographics include a population of 441,730 within seven miles earning $59,389 as the average household income. For more information, contact Keith Lord, The Lord Cos. LLC, 1033 West Van Buren Street, 7th Floor, Chicago, IL 60607; 312-944-6270, Fax 312-944-3759; Email: keith@lordcompanies.com. Crystal Lake – A center located at the intersection of Route 14 and Route 31, has a 4,670 sq.ft. inline space available, which can be divided, along with a 3,000 sq.ft. endcap with a drive-thru. Cotenants include The Vitamin Shoppe and Texas Roadhouse. Area demographics include a population of 119,447 within five miles earning $105,664 as the average household income. For more information, contact Peter Caruso or Jose Gonzalez, Jones Lang LaSalle, 312228-2926/2155; Email: peter.caruso@am.jll.com. Elgin – Clock Tower Plaza, a 122,384 sq.ft. center located at the intersection of National Street and Grove Avenue, has spaces of 1,200 sq.ft. available, along with a 5,500 sq.ft. divisible space. Cotenants include Butera Market, Family Dollar, Rent-A-Center, Payless Shoe Source, Subway, Dunkin’ Donuts, Jackson Hewitt and Cricket Wireless. Area demographics include a population of 176,194 within five miles earning $78,454 as the average household income. For more information, contact Matthew Smetana or Andy Patras, Edgemark Commercial Real Estate Services, LLC, 2215 York Road, Oak Brook, IL 60523; 630572-5632/5621, Fax 630-472-1019; Email: msmetana@edgemarkllc.com; Web site: www.edgemarkllc.com.
Indiana Ft. Wayne – Northwood Plaza, located at the intersection of Stellhorn Road and Maplecrest Road, has spaces from 1,600 sq.ft. to 8,800 sq.ft. available. Cotenants include Target, Cinema Grill, GNC, Payless Shoe Source, Dollar Tree, Game Stop, Sally Beauty Supply and Sun Tan City. Area demographics include a population of 134,599 within five miles earning $55,837 as the average household income. The average daily traffic count is 46,800 vehicles. For more information, contact Tracey Holtzman or Jeff Hubley, Midland Atlantic, 9000 Keystone Crossing, Suite 850, Indianapolis, IN 46240; 317-580-9900; Email: tholtzman@midlandatlantic.us; Web site: www.midlandatlantic.com.
Maryland California – Laurel Glen Shopping Center, located at the intersection of Alton Lane and Three Notch Road, has spaces of 1,600 sq.ft., 2,800 sq.ft. and 3,500 sq.ft. available. Cotenants include Kmart, Food Lion, Cato, Advance Auto Parts, Sterling Optical and McDonald’s. Area demographics include a trade-area population of 27,695 earning $92,835 as the average household income. The average daily traffic count is 46,812 vehicles along State Route 235. For more information, contact Susan McGee, Divaris Real Estate, Inc., 8000 Westpark Drive, Suite 630, McLean, VA 22102; 571-620-5146; Email: smcgee@divaris.com; Web site: www.divaris.com. District Heights – The Shoppes at Silver Hill, a neighborhood center located along Silver (continued on page sixteen)
January 23, 2015 | Page 15
SPACE PLACE Maryland (continued from page fifteen)
Hill Road, between Pennsylvania Avenue and Marlboro Pike, has a space of 1,395 sq.ft. available. Area retailers include Rite Aid, Shoppers Food Warehouse, CVS, Giant and Marshalls. For more information, contact Eric Butler or Drew Briscoe, JCR Retail Brokerage, 1501 11th Street Northwest, Washington, DC 20001; 202-758-3571; Email: eric.butler@jcrcompanies.com; Web site: www.jcrcompanies.com. District Heights – An 8,000 sq.ft. space is available along Marlboro Pike. Cotenants include Family Dollar. For more information, contact Steve Solomon, Solomon Real Estate, 5750 Bou Avenue, Rockville, MD 20852; 301-2305801; Email: steve@solomonreal.com.
Massachusetts Needham – A 1,000 sq.ft. retail space is available along Chestnut Street. The asking rent is $32 psf NNN. The site is currently occupied by a hair salon. For more information, contact JC Nachtwey, CRG Commercial, 1280 Centre Street, Newton, MA 02459; 617-719-2026; Email: jc@crgcommercial.com; Web site: www.crgcommercial.com.
New Jersey Florham Park – Florham Village Towne Center, a 56,600 sq.ft. center located at the intersection of Columbia Turnpike and Ridgedale Avenue, has a space of 2,200 sq.ft. available. Cotenants include CVS, Modern Athlete, Smash Burger, Pet Valu, Let’s YO and Panera Bread. Area demographics include a population of 260,406 within five miles earning $141,704 as the average household income. The average daily traffic count is 45,000 vehicles. For more information, contact Neal Richards, Vanguard Realty, Inc., 195 Columbia Turnpike, Florham Park, NJ 07932; 973-443-9700 Ext. 15, Fax 973-9660123; Email: nrichards@vanguardsite.com; Web site: www.vanguardsite.com. Hackensack – A 274,983 sq.ft. center located at the intersection of Hackensack Avenue and Route 4 West, has spaces from 2,434 sq.ft. to 59,170 sq.ft. available. Cotenants include Home Depot, Staples, Petco, Sleepy’s, Applebee’s, Marty Shoes, Five Guys Famous Burgers & Fries, Weight Watchers and Subway. Area demographics Page 16 | January 23, 2015
New Jersey
New York
include a population of 474,893 within five miles earning $105,641 as the average household income. 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.
median household income. The average daily traffic count is 16,000 vehicles. Woodmere – A neighborhood shopping center located at the intersection of Railroad Avenue and Franklin Place, has a space of 3,650 sq.ft. available. Cotenants include Key Food, Chase Bank and Great Play. Area demographics include a population of 440,002 within five miles earning $85,200 as the median household income. For more information, contact Edward Czarniak, Sabre Real Estate Group, LLC, 500 Old Country Road, Garden City, NY 11530; 516-874-8070 Ext. 511; Email: edward@sabreny.com; Web site: www.sabreny.com.
Toms River – Orchards at Dover Shopping Center, located at the intersection of State Route 37 West and St. Catherines Boulevard, has a space of 2,500 sq.ft. available. Cotenants include Marquee Cinema, Walgreens, Ruby Tuesday, Good Fortune Buffet, Saladworks and Five Guys Famous Burgers & Fries. Area demographics include a population of 115,980 within five miles earning $60,938 as the average household income. For more information, contact Karen Dolan or Theresa Bocchino, Florham Realty Management, LLC, 1075 Route 34, Suite G, Aberdeen, NJ 07747; 732-583-1200, Fax 732-583-5050; Email: info@florhamrealty.com; Web site: www.florhamrealty.com. Trenton – Westside Plaza, located along Hermitage Avenue, has two spaces of 2,100 sq.ft. available, along with spaces of 1,200 sq.ft., 1,500 sq.ft. and 34,000 sq.ft. available. Cotenants include Westside Pharmacy. Area demographics include a population of 146,753 within three miles earning $64,546 as the average household income. For more information, contact David DePetris, Legend Properties, Inc., 521 Plymouth Road, Suite 118, Plymouth Meeting, PA 19462; 610-941-4034, Fax 610941-4038; Email: ddepetris@lpre.com; Web site: www.lpre.com.
New York Brooklyn – A 21,000 sq.ft. ground floor retail space and a 10,000 sq.ft. second floor retail space are all available at a complex located at the intersection of 16th Street and Kings Highway. Area retailers include CVS, Modell’s, Verizon Wireless, Rite Aid, Bank of America and Citi Bank. For more information, contact Jason Pruger, Hymie Dweck or Joseph Colista, Newmark Grubb Knight Frank Retail, 212372-2092/2060/2191; Email: jpruger@ngkf.com; Web site: www.ngkf.com. Forest Hills – A neighborhood shopping center located along Union Turnpike, has a space of 3,591 sq.ft. available. Cotenants include Stop & Shop, AC Moore, Petland and Dress Barn. Area demographics include a population of 443,740 within three miles earning $54,041 as the
Franklin Square – Franklin Plaza, a 45,055 sq.ft. neighborhood strip center located at the intersection of New Hyde Park Road and Tulip Avenue, has spaces of 1,300 sq.ft. and 1,875 sq.ft. available. Cotenants include King Kullen, Rite Aid, Subway and Baskin Robbins. Area demographics include a population of 732,645 within five miles earning $104,882 as the average household income. The average daily traffic count is 18,000 vehicles along New Hyde Park Road. For more information, contact Robert Delavale, Breslin Realty, 500 Old Country Road, Garden City, NY 11530; 516-741-7400 Ext. 230; Email: rdelavale@breslinrealty.com; Web site: www.breslinrealty.com. Garden City – Up to 22,000 sq.ft. of space is available at the intersection of Meadowbrook Parkway and Zeckendorf Boulevard. Area retailers include Target, Lowe’s, buy buy Baby, Ethan Allen and Lifetime Fitness. Area demographics include a population of 472,574 within five miles earning $101,841 as the median household income. For more information, contact Daniel Glazer, Ripco Real Estate, 420 Jericho Turnpike, Suite 100, Jericho, NY 11753; 516-933-8880, Fax 516-933-2514; Email: dglazer@ripcony.com; Web site: www.ripcony.com. New York – A 6,000 sq.ft. street level retail space is available at the intersection of Broadway and West 183rd Street. Area retailers include Staples, Duane Reade, The UPS Store, Dunkin’ Donuts, Starbucks, Rite Aid and McDonald’s. Also – A 4,000 sq.ft. ground floor restaurant space, and a 500 sq.ft. lower level space, are available at the intersection of 49th Street and First Avenue. Area retailers include Duane Reade, Domino’s, Chase Bank, Dunkin’ Donuts, Dealmakers Magazine | www.dealmakers.net
SPACE PLACE New York
Pennsylvania
Texas
Bank of America and Ethos Café. For more information regarding the space on Broadway, contact Lee Block, Zach Diamond or Darren Garson, Winick Realty Group, LLC, 655 Third Avenue, 8th Floor, New York, NY 10017; 212-792-2649/2651/2655; Email: lee@winick.com; Web site: www.winick.com. For more information regarding the site on First Avenue, contact Lee Block or Darrell Rubens, 212-792-2616; Email: rubens@winick.com.
West Harrisburg Pike. For more information, contact Patrick Cullen or Wilay Boensch, LMS Commercial Real Estate, 120 North Pointe Boulevard, Suite 301, Lancaster, PA 17601; 717-5699373 Ext. 901/616, Fax 717-560-9909; Email: pcullen@lms-pma.com; Web site: www.lms-pma.com.
Westheimer Road and Highway 6, has two outlots of 6,000 sq.ft. available, along with an outlot of 4,100 sq.ft. Cotenants include Aeropostale, Applebee’s, Bath & Body Works, Champs, Foot Locker, Things Remembered and Toby Keith’s I Love This Bar. For more information, contact Linda Alexander, Indigo Centers, 801 South Adams Road, Suite 108, Birmingham, MI 48009; 248-258-6400; Email: linda@indigocenters.com; Web site: www.indigocenters.com.
Ohio
Texas Houston – West Oaks Mall, a 1.1 million sq.ft. mall located at the intersection of
(continued on page eighteen)
Cleveland – Pearl Brook, located at the intersection of Pearl Road and Brookpark Road, has spaces up to 34,280 sq.ft. available. Cotenants include Family Dollar, Rent-A-Center, Sears, Cricket Wireless, Little Caesar’s, PNC Bank and Cleveland Corned Beef Co. Area demographics include a population of 322,466 within five miles earning $47,971 as the average household income. The average daily traffic count is 50,000 vehicles. For more information, contact Catherine Lueckel or Ann Ertle, Passov Real Estate Group, 216-831-8100; Email: clueckel@passovgroup.com.
Pennsylvania Bristol – Bristol Park, a 276,653 sq.ft. regional shopping center located at the intersection of Route 413 and Route 13, has spaces from 1,602 sq.ft. to 12,000 sq.ft. available, along with a proposed 6,500 sq.ft. outparcel. Cotenants include Walmart, Ollie’s Bargain Outlet, Hibachi Grill & Supreme Buffet, Rite Aid, Dollar Tree, Radio Shack, T-Mobile, Subway, Aaron’s and H&R Block. Area demographics include a population of 219,174 within five miles earning $68,009 as the average household income. For more information, contact Matthew Ryan, Brixmor, One Fayette Street, Suite 150, Conshohocken, PA 19428; 610-8347641; Email: matthew.ryan@brixmor.com; Web site: www.brixmor.com. Middletown – Linden Centre, an 83,162 sq.ft. center located at the intersection of Meade Avenue and West Harrisburg Pike, has spaces from 1,200 sq.ft. to 8,400 sq.ft. available, along with a 30,000 sq.ft. anchor space, and pad sites from 3,500 sq.ft. to 11,250 sq.ft. Cotenants include Sharp Shopper and CVS. Area demographics include a population of 65,559 within five miles earning $69,175 as the average household income. The average daily traffic count is 12,197 vehicles along Dealmakers Magazine | www.dealmakers.net
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www.tenantsearch.com | 1.800.732.5856 January 23, 2015 | Page 17
SPACE PLACE Virginia (continued from page seventeen)
Ashburn – Ashburn Square, located at the intersection of Ashburn Road and Grottoes Road, has spaces of 1,200 sq.ft. and 1,800 sq.ft. available. Cotenants include 7-Eleven, Studio Bleu and School of Rock. Area demographics include a population of 155,351 earning $161,000 as the average household income. For more information, contact Susan McGee, Divaris Real Estate, Inc., 8000 Westpark Drive, Suite 630, McLean, VA 22102; 571-620-5146; Email: smcgee@divaris.com; Web site: www.divaris.com. Chesapeake – Walmart Way Crossing, an 80,044 sq.ft. center located along Sam’s Drive, has spaces from 975 sq.ft. to 5,250 sq.ft. available. Cotenants include Wild Wing Café, Edible Arrangements, Game Stop, Great Clips, Sprint, Tropical Smoothie Café, Foot Solutions and H&R Block. Area demographics include a population of 196,763 within five miles earning $73,999 as the average household income.
Virginia
Virginia
For more information, contact Denbeigh Marchant, Wheeler Real Estate Co., Riversedge North, 2529 Virginia Beach Boulevard, Suite 200, Virginia Beach, VA 23452; 757-627-9088, Fax 757-627-9081; Email: denbeigh@wheelerrec.com; Web site: www.wheelerint.com.
the intersection of Frederick Boulevard and Turnpike Road, has outparcels from 1,000 sq.ft. to 1,400 sq.ft. available. Cotenants include Kroger Marketplace, T.J. Maxx, Cato, Hibbett Sports, Sally Beauty Supply and Dunkin’ Donuts. The asking rent is $26 psf. For more information, contact Fiona Sadler, Commercial Real Estate Services, 1081 19th Street, Suite 202, Virginia Beach, VA 23451; 757-491-1990; Email: fiona@cres-va.com; Web site: www.cres-va.com.
Manassas – Canterbury Village Shopping Center, located along Sudley Road, has spaces of 2,000 sq.ft., 2,125 sq.ft. and 2,400 sq.ft. available. Cotenants include Walgreens, Roy Rogers, Juke Box Diner, The UPS Store, H&R Block, 7-Eleven and Vocelli’s Pizza. Area demographics include a trade area population within five miles earning $87,561 as the average household income. The average daily traffic count is 34,000 vehicles. For more information, contact Chris Pamboukian, Tetra Partners, 703-796-1800 Ext. 105; Email: chris@tetrapartners.com; Web site: www.tetrapartners.com. Portsmouth – Midtown Marketplace, a 179,427 sq.ft. power center located at
Washington, DC A space ranging from 2,700 sq.ft. to 3,000 sq.ft. is available along L Street Northwest. Area retailers include Maddy’s Taproom and Au Bon Pain. The asking rent is $40 psf NNN. For more information, contact Bill Miller or Alex Walker, Miller Walker Retail Real Estate, 2715 M Street, Suite 200, Washington, DC 20007; 202-333-0339/0079; Email: bill@millerwalker.com; Web site: www.millerwalker.com. DM
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