Reporting The Nation’s Weekly News on Retailing & Retail Real Estate Volume XXVIII No. IV
January 25, 2013
FEATURING home-related Chains Expand Nationwide TJX Cos. trades as T.J. Maxx at 1,039 locations, as Marshalls at 912 locations and Home Goods at 416 locations nationwide and throughout Canada. T.J. Maxx and Marshalls offer apparel, housewares and accessories and Home Goods offers housewares, home furnishings, linens, decorative items and bedding and bathroom products. Growth opportunities are sought for all concepts throughout DE and eastern and central PA during the coming 18 months, with representation by Metro Commercial Real Estate. Preferred site requirements include spaces of 25,000 sq.ft. in various retail settings. For more information, contact Donna Drew, Metro Commercial Real Estate, 161 Washington Street, Suite 375, Conshohocken, PA 19428; 610-825-5222; Email: ddrew@metrocommercial.com. Lampert Yards, Inc. trades as Lamperts at 32 locations throughout IA, MN, ND, SD and WI. The stores, offering hardware and lumber products, occupy spaces of 5,000 sq.ft. to 10,000 sq.ft. in freestanding locations. Limited growth opportunities are sought throughout the existing markets during the coming 18 months. The company prefers to acquire land areas of seven to 10 acres or existing lumber yards. For more information, contact Dan Fesler, Lampert Yards, Inc., 1850 Como Avenue, Saint Paul, MN 55108; 651-695-3605, Fax 651-6953601; Email: dfesler@lampertyards.com; Web site: www.lampertyards.com.
Ace Hardware operates 4,600 locations nationwide and internationally. The hardware stores, offering tools, paint, electrical and plumbing products, as well as outdoor items, lawn and garden supplies and automotive accessories, occupy spaces of 8,000 sq.ft. to 12,000 sq.ft. in freestanding locations, street fronts and endcaps of community and neighborhood shopping centers. Growth opportunities are sought throughout DE, NJ and eastern PA during the coming 18 months, with representation by Legend Properties, Inc. For more information, contact David DePetris, Legend Properties, Inc., 521 Plymouth Road, Suite 118, Plymouth Meeting, PA 19462; 610-941-4034 Ext. 5010, Fax 610-9414038; Email: ddepetris@lpre.com; Web site: www.acehardware.com. Hughes Lumber Co. operates eight locations throughout OK. The lumber yards occupy freestanding locations on land areas of four acres. Growth opportunities are sought throughout the existing market during the coming 18 months. The company will only acquire sites and prefers second-generation spaces. For more information, contact Tom Hughes, Hughes Lumber Co., PO Box 2220, Tulsa, OK 74101; 918-266-9140, Fax 918266-9177; Web site: www.hugheslumber.net. (continued on page eight)
This issue contains information on: • Retailers operating 14,276 locations with plans to open 1,278 sites • Real estate valued in excess of $250 million to be bought, sold & financed • Leasing activity on over 2.9 million sq.ft. of retail properties s Postmaster: Periodical New nt a te rt di Impo se Expe Plea
southern california idex New Construction SRS Real Estate Partners preleases a shopping center in Ozone Park, NY............................................. Pg. 3 Buyers & Sellers Brauvin Real Estate closes singletenant deals and wants more acquisitions................................ Pg. 4 Food Retailers Expand Granite City Food & Brewery to enter CO, KY, upstate NY, OK, PA and TN.................................. Pg. 5 Who’s Opening & Where Hot Topic Inc. to grow three concepts..................................... Pg. 6 Making the News Cassidy Turley names president
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Sources of Financing Capstone Financial Solutions closes loan in LA........................ Pg. 7 Lease Signings Velocity Retail Group inks anchor deal in Littleton, CO....... Pg. 7 Exclusives Sullivan Hayes Co. reps Aldi in New England and select markets within NY................................... Pg. 8 Lead Sheet Von Maur to enter AL, NY, and OK............................................. Pg. 9 Party City plans up to 55 openings..................................... Pg. 11 Sportsman Liquidation to enter upstate NY, OH and WV............ Pg. 12 Space Place................................ Pg. 14