Dealmakers Magazine | January 28, 2011 by The Dealmakers Magazine

Reporting The Nation’s Weekly News on Retailing & Retail Real Estate

Volume XXVI No. IV

January 28, 2011

Home-Related Chains Expand Nationwide Self Serve Lumber Co. trades as Self Serve Lumber at 18 locations throughout MI. The home improvement centers occupy spaces of 10,000 sq.ft. to 20,000 sq.ft. in freestanding locations. Plans call for two openings within the existing market during the coming 18 months. Preferred demographics include a trade-area population of 5,000. Major competitors include Home Depot, Lowe’s Home Improvement and Menards. A land area of two acres is required. The company prefers to acquire sites. For more information, contact William Schwannecke, Self Serve Lumber Co., 1621 South Wheeler Street, Saginaw, MI 48602; 989-790-9510, Fax 989-790-9585; Email: bills@selfservelumber.com; Web site: www.selfservelumber.com. Ashley Furniture Industries, Inc. trades as Ashley Furniture HomeStore at 400 locations nationwide. The stores, offering living room, dining room and bedroom furniture, as well as home office furniture and accessories, occupy spaces of 40,000 sq.ft. in freestanding locations and endcaps and inline spaces and power centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Preferred cotenants include national and regional retailers. For more information, contact Gary Colby, Ashley Furniture Industries, Inc., 1 Ashley Way, Arcadia, WI 54612; 608-323-3377; Email: gcolby@ashleyfurniture.com; Web site: www.ashleyfurniture.com.

Zettler Stores, Inc. trades as Zettler Ace Hardware at seven locations throughout OH. The home improvement stores occupy spaces of 10,000 sq.ft. in strip centers. Limited growth opportunities are sought throughout central OH during the coming 18 months. Typical leases run three years with options. A vanilla shell is required. Preferred cotenants include grocery stores. Preferred demographics include a population of 60,000 within three miles earning $60,000 as the average household income. Major competitors include Home Depot and Lowe’s Home Improvement. The company prefers to acquire sites. For more information, contact Nick Zettler, Zettler Stores, Inc., 661 High Street, Worthington, OH 43085; 614-885-5146, Fax 614-825-0720; Email: nickzettler@zettlers.com. The Chair King, Inc. trades as The Chair King at 19 locations throughout TX. The stores, offering casual furniture as well as indoor and outdoor products, occupy spaces of 15,000 sq.ft. to 35,000 sq.ft. in freestanding locations, malls and power and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run 10 years with two, five-year options. For more information, contact Marvin Barish, The Chair King, Inc., 5405 West Sam Houston Parkway North, Houston, TX 77041-5135; 713-690-1919, Fax 713-939-8424; Web site: www.chairking.com. (continued on page three)

This issue contains information on:

* Retailers operating 75,597 locations with plans to open 5,362 sites * Real estate valued in excess of $379.4 million to be bought, sold & financed * Leasing activity on over 4.9 million sq.ft. of retail properties

Important News Please Expedite

Postmaster: Periodical

Featuring ICSC Southern California and Heartland States IDEX Sources of Financing Cornerstone Capital Corp. provided $142 million in financing for a portfolio of Walgreens properties............. Pg. 3 Openings Uniqlo plans to open 200 stores nationwide by 2020..... Pg. 4 New Construction ARC Properties, Inc. is preleasing mixed-use projects in NJ and PA.......................... Pg. 5 Buyers and Sellers Cole Real Estate looks to acquire retail properties nationwide............................ Pg. 6 Exclusives Grubb & Ellis Co. represents Panera Bread throughout northern NJ............................ Pg. 7 Food Retailers Expand Chuck E. Cheese’s seeking locations throughout select markets nationwide............... Pg. 8 Lease Signings Horizon Realty Services, Inc. negotiated a lease with Planet Fitness in Melrose Park, IL..... Pg. 9 In the News Knapp Properties hired Matthew Anderson as vice president, asset management Pg. 9 Lead Sheet Doctors Express seeking sites throughout markets in DE and PA......................................... Pg. 13 Olympia Sports looks to enter into NJ market....................... Pg. 14 Space Place........................... Pg. 16

For more news go to: www.dealmakers.net Mobile Access Code: socalheart11

Retail Specialists unique

real

estate

NY, NJ, CT & PA

solutions

• Airmont/Suffern, NY – Route 59

• Poughkeepsie, NY – Route 9 – Ashton Park

• Ardsley, NY – Saw Mill River Rd. – Rite Aid Shopping Center

• Somers, NY – 162 & 164 Mill St. (Route 202) – FOR LEASE/SALE

• Eastchester, NY – Route 22 & Mill Road

• Thornwood, NY – Columbus Ave. – Rosehill Shopping Center

• Elmsford, NY – Saw Mill River Rd.

• Vails Gate, NY – Route 32 – Big V Town Center

• Harriman, NY – Route 17/6 – Woodbury Centre

• Wappingers Falls, NY – Route 9 – 3 Acre Parcel

• Katonah, NY – 18 Woods Bridge Rd. (Route 117)

• Wappingers Falls, NY – Route 9 – Lafayette Plaza

• Kingston, NY – Ulster Avenue (Route 9W)

• Yonkers, NY – Main Street – New Construction at Waterfront

• Mamaroneck, NY – Boston Post Rd. (Route 1) – Seaport Plaza

• Voorhees, NJ – Route 73 & Cooper Rd. – Coopers Plaza

3,000 - 60,000 SF Avail. Shopping Center redevelopment.

1,200 - 14,000 SF & Pad Sites. New Development on Rte. 9. Great Visibility.

1,200 SF Avail. Join Post Office & Chase Bank.

Up to 2,250 SF Avail. Across from Stop & Shop and CVS

1,600 & 2,310 SF Avail. Free Standing Buildings. 22 On-Site Parking Spaces.

2,000 SF Avail. Join A&P, CVS, Verizon, Chase, Radio Shack & Hallmark.

7,000 SF Avail. Restaurant. 50 Car Parking.

1,000 - 8,000 SF & 5,224 Restaurant Avail. Join Shop Rite, K-Mart, Key Bank.

12,000 - 31,000 SF Avail. Join Kohl’s, Modell’s, Michael’s, Staples & Eileen Fisher.

2,560 SF Avail. Free Standing Building with Drive-Thru. Newly Developed.

2 Free Standing Pad Sites with Drive-thru. Up to 15,000 SF Avail.

900 - 6,920 SF end cap Avail. Join Subway & The UPS Store. High Traffic/Visibility.

• Middletown, NY – Route 211 – H&K Furniture Plaza – FOR LEASE/SALE 1,875 & 43,000 SF Avail. Join Aldi, Cosmo Prof & Sherwin-Williams.

• Middletown, NY – Route 211 – Fairgrounds Plaza

1,600 - 150,000 SF & Pad Site Avail. Redevelopment Underway.

• Monroe, NY – Route 17M – Monroe Plaza

1,800 - 50,000 SF Avail. Join Stop & Shop, Radio Shack, Rite Aid & McDonald’s.

• Mt. Vernon, NY – S. 4th St. – FOR SALE

Retail Building Avail. Enormous Pedestrian Traffic. Join Rainbow & Verizon.

• Nanuet, NY – Route 59 – Rockland Center

1,944 - 50,000 SF Avail. Join Pathmark, Office Depot, PetSmart, AC Moore, Five Guys, Chili’s & HomeGoods. High Traffic/Visibility.

Up to 10,000 SF Free Standing Pad Avail. 45,000 Cars per day on Route 9. 1,520 - 10,000 SF Avail. 45K cars per day. Join Dollar General.

2,500 - 12,000 SF Avail. Join Key Bank, Retro Fitness & Verizon FIOS. 1,500 - 6,000 SF Pad Site & up to 10,000 SF Avail. Join Kohl’s, Party City, Marshall’s & Raymour & Flanigan. High Traffic/Visibility.

• Horsham, PA – Blair Mill Rd. – Village Mall

22,000 - 128,000 SF Avail. Join ACME, Dollar Tree & Rite Aid

• Perkasie, PA – Constitution Ave. – Perkasie Shopping Center

1,200 - 10,000 SF Avail. Join Landis Supermarket, Rite Aid & McDonald’s.

• Avon, CT – Nod Brook Mall

600 - 7,000 SF Avail. Join Michael’s, Fresh Markets and Marshall’s.

• Derby, CT – Pershing Drive – ShopRite Plaza

3,800 - 9,600 SF Avail. Join ShopRite, Petland, Pay-Half & Advance Auto Parts.

• Newington, CT – Berlin Tpke. – JoAnn’s Plaza

1,500 SF Avail. Join JoAnn’s, Big Lots, Modell’s, Planet Fitness & T-Mobile.

• Newburgh, NY – Route 300 – Newburgh Towne Center

• Norwalk, CT – Route 1 – ShopRite Plaza

• Pawling, NY – Route 22 – Pawling Park

• Norwalk, CT – 607 Main Ave. (Route 7) – Center Seven

• Peekskill, NY – Route 6 – Main Street Commons

• Norwalk, CT – 652 Main Ave. (Route 7) – Wal-Mart Center

• Pelham, NY – Lincoln Ave. – New Development

• Orange, CT – Firelite Shopping Center – Retail/Office

• Port Chester, NY – Westchester Ave. – Waterfront at Port Chester

• Stamford, CT – Route 1 – Shop Rite Plaza

1,400 SF Avail. Join Super Stop & Shop, Marshall’s, Dress Barn & AT&T.

1,750 - 20,000 Avail. New Shopping Center. Drive-thru possible. 1,000 - 15,000 SF Avail. New Construction. Join Auto Zone. 1,600 SF Avail. Upscale Community. Join Dunkin’ Donuts.

4,700 SF Sublease. Food OK. Join Stop & Shop & Bed Bath & Beyond.

2,500 - 20,000 SF Avail. Join ShopRite, Barnes & Noble, GameStop, GNC & UPS.

1,400 – 4,300 SF Avail. Join Starbucks, Quiznos & Citibank.

3,200 – 7,000 SF Avail. Join Wal-Mart, Staples, Hallmark & Bank of America.

800 - 4,000 SF & 1,500 SF Pad site Avail.

2,000 – 4,000 SF Avail. Join Shop Rite, Dunkin’ Donuts & Subway.

wireless

Representing retailers in select regions...

850 Bronx River Road • Bronxville, NY 10708 • (t) 914-237-3403 • (f) 914-237-0196

www.RoyalPropertiesInc.com

Home-Related Chains Expand Nationwide (continued from page one)

Harbor Freight Tools operates 300 locations nationwide throughout 44 states. The home improvement centers occupy spaces of 15,000 sq.ft. in power and strip centers. Growth opportunities are sought throughout the St. Louis, MO metropolitan area during the coming 18 months, with representation by L3 Corp. For more information, contact Jay Cohen, L3 Corp., 12655 Olive Boulevard, Suite 220, St. Louis, MO 63141; 314-469-7400, Fax 314-576-9768; Email: jay@l3corp.net; Web site: www.l3corp.net.

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............................................... Adam Taliercio adamt@dealmakers.net Customer Service....................... Bridget Thoresen custserv@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 086900630. Periodical postage paid at Trenton, NJ and at additional mailing offices. Affiliated with Tenant Search, E.S.P., E-Blast Copyright 2011 by TKO Real Estate Advisory Group Inc. 609-587-6200, fax 609-587-3511.

Sources of Financing

Sleepy’s operates 700 locations throughout CT, DE, MA, MD, NH, NJ, NY, PA, RI, VA, VT and Washington, DC. The stores, offering mattresses and related items, occupy spaces of 6,000 sq.ft. to 8,000 sq.ft. in freestanding locations and endcaps and inline spaces of lifestyle, power and specialty centers, in addition to urban/downtown areas. Growth opportunities are sought throughout CT, DE, MA, MD, ME, NH, NJ, PA, RI, VA, VT and Washington, DC during the coming 18 months, with representation by Julius M. Feinblum Real Estate, Inc. Preferred cotenants include Bed Bath & Beyond and big box retailers. The company will consider smaller spaces in urban/ downtown areas. For more information, contact Rich Kaye, Julius M. Feinblum Real Estate, Inc., 25 Fairchild Avenue, Suite 500, Plainview, NY 11803; 516-844-8890, Fax 516-8448895; Email: rkaye@furniturerealestate.com. For additional information regarding expansion throughout DE, MD, NJ, PA, VA and Washington, DC, contact Rich Weiss; Email: rweiss@furniturerealestate.com. Ace Hardware Corp. trades as Ace Hardware at 4,500 locations nationwide. The hardware stores, offering lawn and garden items, tools, paint, home goods, hardware and plumbing, heating and cooling, electrical and automotive supplies, occupy spaces of 8,500 sq.ft. to 12,500 sq.ft. in freestanding locations and endcaps of shopping centers. Growth opportunities are sought throughout Atlanta, GA; Louisville, KY and Memphis, TN during the coming 18 months. Preferred demographics include a trade-area population earning $45,000 as the average household income. For more information, contact Robert Nease, Ace Hardware Corp., 5224 Three Notch Road, Ringgold, GA 30736; 423-3146042; Email: rnease@acehardware.com; Web site: www.acehardware.com. E.C. Barton & Co. trades as Bartons and Surplus Warehouse at 140 locations throughout AL, AR, FL, LA, MA, MO, MS, NC, NY, OH, RI, SC, TN and TX. The home improvement centers, offering building materials and supplies, occupy spaces of 25,000 sq.ft. to 35,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. For more information, contact Niel Crowson, E.C. Barton & Co., 2929 Browns Lane, Jonesboro, AR 72403; 870-9326673, Fax 870-972-1304; Web site: www.ecbarton.com. DM www.dealmakers.net

The

Cornerstone Capital Corp. provided $142 million in permanent financing for a portfolio of leased Walgreens properties located throughout the U.S. For more information, contact Andrew E. Kraus or Peter Paras, Jr., Cornerstone Capital Corp., 655 Metro Place South, Suite 720, Dublin, OH 43017; 614-761-3812/3585. BMC Capital provided $1.75 million for the refinancing of a retail property in Murietta, CA tenanted by Applebee’s, Chick-fil-A and CA Credit Union. Tenants at the property are bound to NNN leases. The loan was provided with a 6.17% interest rate fixed for 10 years with a 30-year amortization schedule. For more information, contact Carl Esrey, BMC Capital, 3100 Monticello Avenue, Suite 400, Dallas, TX 75205; 214-526-7178, Fax 214-526-2297; Email: cesrey@bmccapital.com. Web site: www.bmccapital.com. Starwood Property Trust, Inc. provided a $33.9 million first mortgage and mezzanine loan for a portfolio of six Walgreens properties located throughout the U.S. The company also provided a $32 million loan for the refinancing of Shops at Solaris, a 70,000 sq.ft. specialty shopping center located in Vail, CO. For more information, contact Starwood Property Trust, Inc., 591 West Putnam Avenue, Greenwich, CT 06830; 203422-8100, Fax 203-422-7784; Web site: www.starwoodpropertytrust.com. Cedar Shopping Centers, with RioCan REIT, received financing from Goldman Sachs Commercial Mortgage Capital, LP for the following retail properties: $10.9 million for Gettysburg Marketplace, an 85,000 sq.ft. center located in Gettysburg, PA; $16.1 million for York Marketplace, a 305,000 sq.ft. center located in York, PA; $6.3 million for Northland Center, a 108,000 sq.ft. center located in State College, PA; $6.9 million for Marlboro Crossroads, a 68,000 sq.ft. center located in Upper Marlboro, MD, and $10.5 million for Towne Crossing, a 111,000 sq.ft. center located in Midlothian, VA. The company also received $14.6 million in financing from Bank of America N.A. for Cross Keys Place, a 148,000 sq.ft. center located in Sewell, NJ. The loans featured 10-year terms and 30-year amortization schedules. For details, contact Cedar Shopping Centers, Inc., 44 South Bayles Avenue, Port Washington, NY 11050; 856-2188677, Fax 856-218-8678; Web site: www.cedarshoppingcenters.com. DM

Dealmakers

January 28, 2011

page 3

Who’s Opening and Where Whole Foods Market, Inc. (512-477-4455) plans to open a Whole Foods Market in a former Circuit City located at the intersection of 196th Street Southwest and 28th Avenue West in Lynnwood, WA. The store is slated to open early next year. The company also plans to open a store in a former Havertys Furniture at The Shops at Arbor Trails, located at the intersection of South MoPac Boulevard/ Loop 1 and William Cannon Drive in Austin, TX. The store will join Costco at the center and is slated to open during the fall. The company also plans to open a 52,000 sq.ft. store at the intersection of 3rd Avenue and 3rd Street in the Gowanus area of Brooklyn, NY. The store will feature a 20,000 sq.ft. greenhouse growing organic produce. The opening will be the company’s first in the borough and is slated for late next year. The company currently operates 270 locations nationwide and throughout the United Kingdom. Cabela’s, Inc. (308-254-5505) plans to open a 185,000 sq.ft. Cabela’s at Springfield Mall, located in Springfield, OR, during the spring. The store will be the company’s first in the state and will be located adjacent to Home Depot. The company also plans to open a store at a development site located in Oregon City, OR. Starbucks Corp. (206-447-1575) plans to open 500 Starbucks locations during this fiscal year, 400 of the planned openings are slated for outside the U.S. and the projection, more than doubles the company’s current rate of openings. Wal-Mart Stores, Inc. (479-273-4000) will open a 150,000 sq.ft. Walmart Supercenter along Highway 1 in Iowa City, IA. The store will feature deli, bakery, produce, frozen foods, dairy and meat departments, and is slated to open during May. The company also plans to open a smaller-format store in a former Alin’s Party Depot along Paramount Boulevard in Downey, CA. The company currently operates 4,000 locations nationwide, along with 200 smaller-footprint Walmart Neighborhood Market stores. AutoZone, Inc. (901-495-6500) plans to open 140 AutoZone locations nationwide during the year. Potential openings include a 7,737 sq.ft. freestanding location situated on 0.8 acres along West Main Street in Medford, OR slated for September. The company plans to open an additional three stores in OR this year, and currently operates 4,600 locations nationwide throughout 48 states along with Washington, DC and Puerto Rico, including 28 stores in OR. page 4

January 28, 2011

The

Tesco plc (310-384-3833) plans to open 10 Fresh & Easy Neighborhood Market locations throughout southern CA this year, including a recent opening at the intersection of 2nd Street and Madison Avenue in El Cajon, CA. Planned openings include locations at the intersection of El Toro Road and Trabuco Road in Lake Forest; the intersection of Newport Boulevard and Harbor Boulevard in Costa Mesa; the intersection of Camino del Norte and Dove Canyon Road in San Diego; the intersection of Oceanside Boulevard and Vine Street in Oceanside; the intersection of Alameda Street and Florence Avenue in Walnut Park; the intersection of Seaward Avenue and Thompson Boulevard in Ventura; the intersection of Arneill Road and Las Posas Road in Camarillo, and at the intersection of Bonita Avenue and San Dimas Canyon Road in San Dimas, all slated for next month. The company also plans to open a store at the intersection of Atlantic Avenue and 33rd Street in Long Beach, CA during March. Walgreen Co. (847-914-2500) plans to open a 14,418 sq.ft. Walgreens pharmacy on a portion of the site of a former Mega Foods along Trosper Road in Tumwater, WA. The store is slated to open during July. The company also plans to open a 13,386 sq.ft. store in a strip center located at the intersection of Sixth Avenue and North Sprague Avenue in Tacoma, WA. The store will feature a drive-thru and a photo department and is slated to open during the fall. The company currently operates 8,046 locations nationwide. Uniqlo (212-221-9037) plans to open more than 200 apparel stores nationwide by 2020. Planned openings include a location along Fifth Avenue in New York, NY slated for this year, which will be the company’s second in the U.S. The company is also considering sites in San Francisco, CA; Chicago, IL and Boston, MA. The company plans to open 80 locations nationwide and internationally by August of this year, and currently operates 940 locations worldwide. Sunflower Farmers Market (303-5304809) will open a grocery store at Roseville Square, located at the intersection of Harding Boulevard and Douglas Boulevard in Roseville, CA. The opening will be the company’s first in the state and is slated for April. The company is also planning to expand into San Jose, CA and other areas within the state. The company currently operates 32 stores, offering organic and natural foods, throughout AZ, CO, NM, NV, TX and UT.

Dealmakers

www.dealmakers.net

Fairway Group Holdings Corp. (646-616-8000) will open a Fairway Market at Douglaston Plaza Shopping Center, located along 61st Avenue in the Douglaston area of Queens, NY. The store, the company’s first in Queens, will feature a bakery, an in-house butcher and an organic foods department, and is slated to open during spring or summer. The chain currently operates locations throughout Brooklyn, Long Island, Manhattan and Westchester County in NY, as well as CT and NJ. Trader Joe’s Co. (626-599-3700) will open a 14,000 sq.ft. Trader Joe’s supermarket along South Wabash Avenue in Chicago, IL. The opening will be the company’s fourth in the city and is slated for this year. The company also plans to open a 12,000 sq.ft. store along Washington Road in Upper St. Clair, PA. The store will be the company’s second in the Pittsburgh, PA area. The company currently operates 350 locations nationwide throughout 28 states. Ulta Salon, Cosmetics & Fragrance, Inc. (630226-0020) will open an Ulta at Northshore Mall, located in Peabody, MA early this year. The store will join Verizon Wireless, Haagen-Dazs, Old Time Sports, Nordstrom, Macy’s, JCPenney, Filene’s Basement and Sears at the center. Superior Grocers (562-345-9000) will open a supermarket in a former Albertsons at Park Plaza, located along Ramona Boulevard in Baldwin Park, CA. The store will join Fashion Plus at the center and is slated to open during late March. Home Depot, Inc. (770-433-8211) plans to open 10 Home Depot stores during the year, including seven locations throughout Mexico. The company currently operates 2,246 home improvement stores nationwide and throughout Canada and Mexico. Dollar General Corp. (615-855-4000) plans to open as many as 12 Dollar General stores throughout the Buffalo, NY area during the next several years. Planned stores include a 10,640 sq.ft. location at the intersection of Genesee Street and Fillmore Avenue in the East Side area of Buffalo, with construction slated to begin during the spring and a projected fall opening. The company currently operates 9,000 stores nationwide throughout 35 states. Christian Brothers Automotive Corp. (281870-8900) plans to open three Christian Brothers Automotive locations throughout western MI. Potential openings include a store located along 28th Street in Grand Rapids, MI. DM

New Construction ARC Properties, Inc., with FC Development Group, LLC, is developing 1 Franklin Square, a 40,000 sq.ft. mixed-use project located at the intersection of 5th Street and Race Street in Philadelphia, PA. Area demographics include a population of 95,747 within 1.5 miles earning $43,930 as the average household income. The companies are also developing The Shoppes at Bedminster, a 50,000 sq.ft. mixed-use project located at the intersection of Route 202 and Hills Drive in Bedminster, NJ. Tenants include CVS. Area retail includes Kings, Starbucks, McDonald’s and PNC Bank. Area demographics include a population of 392,513 within five miles earning $103,715 as the average household income. For more information regarding 1 Franklin Square, contact Robert J. Ambrosi, ARC Properties, Inc., 1401 Broad Street, Clifton, NJ 07013; 973-249-1000; Email: rambrosi@arcproperties.com. Or Carl Freedman, FC Development Group, LLC, 201 A Berlin Road, Cherry Hill, NJ 08034; 856857-9300; Email: carl@fcdevelopmentgroup.com. For more information regarding The Shoppes at Bedminster, contact Marc Perel; Email: mperel@arcproperties.com. Carpionato Properties, Inc. is developing the second phase of Westerly Crossings, a 151,770 sq.ft. center located at the intersection of Route 78/Airport Road and Route 1 in Westerly, RI. Spaces from 1,232 sq.ft. to 21,465 sq.ft. are available. Super Stop & Shop, CVS and Ninety-Nine Restaurant anchor the center. Cotenants include Olympia Sports, Sleepy’s, Cold Stone Creamery, GameStop, Hair Cuttery, Asian House and Verizon Wireless. Area demographics include a population of 66,346 within 10 miles earning $85,589 as the average household income. The average daily traffic count is 32,100 vehicles. For more information, contact Mark Briggs, Carpionato Properties, Inc., 1414 Atwood Avenue, Johnston, RI 02919; 401-273-6800; Email: mbriggs@carpionatoproperties.com; Web site: www.carpionatoproperties.com. Hekemian is preleasing Sparta Towne Center, a 96,500 sq.ft. community shopping center located in Sparta, NJ. Divisible pad sites of 4,990 sq.ft.; 9,792 sq.ft. and 13,995 sq.ft. are available. Stop & Shop will anchor the center. Area demographics include a population of 139,256 within 10 miles earning $101,575 as the average household income. For more information, contact Hekemian, 505 Main Street, Hackensack, NJ 07601; 201-487-1500, Fax 201-487-7881; Web site: www.hekemian.com.

RD Management, LLC is preleasing The Marketplace at Newburgh, an 850,000 sq.ft. regional power center project being developed in phases at the intersection of Interstate 84 and NY Route 300 in Newburgh, NY. Area retail includes Walmart Supercenter, Kohl’s, Home Depot, PetSmart, Lowe’s Home Improvement, Michaels, Barnes & Noble, Target, Marshalls, Super Stop & Shop and Newburgh Mall, featuring Sears, FYE, McDonald’s, Bed Bath & Beyond, The Bon Ton, Old Navy and Payless ShoeSource. Area demographics include a population of 203,065 within 10 miles earning $79,133 as the average household income. The average daily traffic count is 88,300 vehicles. For more information, contact Thomas G. Mirandi, RD Management, LLC, 810 Seventh Avenue, 10th Floor, New York, NY 10019; 212-265-6600 Ext. 239, Fax 212-265-8250; Email: tmirandi@rdmanagement.com. Horizon Group Properties is preleasing The Outlet Shoppes at Oklahoma City, an outlet center project located at the junction of Interstate 35, Interstate 40 and Interstate 44 in Oklahoma City, OK. Area retail includes Bass Pro Shops and Penn Square Mall, featuring Dillard’s, Foley’s and JCPenney. Area demographics include a population of 1.4 million within a 45-minute drive-time. The average daily traffic count is 112,000 vehicles. The center is slated to open during August. For more information, contact Andrew Pelmoter, Horizon Group Properties; 301-312-6104; Web site: www.horizongroup.com. Simon Konover Development Corp. is developing Newberry Commons, a 184,070 sq.ft. project located along Route 5/Prospect Hill Road in East Windsor, CT. Area retail includes Wendy’s, Taco Bell, Rockville Bank, Walmart and Big Y Supermarket. Area demographics include a population of 59,273 within five miles earning $79,030 as the average household income. For more information, contact Jeff Cabrera, Simon Konover Development Corp.; 860-5702000; Email: jcabrera@simonkonover.com and www.simonkonover.com. Gibraltar Management Co., Inc. is preleasing a 72-acre project located at the intersection of Route 301 and Route 50 in Bowie, MD. Area demographics include a population of 389,940 within 10 miles earning $101,634 as the average household income. For more information, contact Gibraltar Management Co., Inc., 150 White Plains Road, Tarrytown, NY 10591; 914-631-6200; Web site: www.gibraltarmgt.com. www.dealmakers.net

The

Madison Marquette is preleasing Richwood Marketplace, a 398,000 sq.ft. power center project located at the intersection of Route 55 and Route 322 in Harrison Township, NJ. Space is available including anchor and junior anchor spaces and pad sites. Area draws include Rowan University. Area demographics include a population of 346,477 within 10 miles earning $84,988 as the average household income. For more information, contact Joseph D. Morris, Madison Marquette, 1717 Arch Street, Suite 3930, Philadelphia, PA 19103; 215-399-4186; Email: joe.morris@madisonmarquette.com; Web site: www.madisonmarquette.com. Capitol Commercial Realty is preleasing a project located along Silverbrook Road in Fairfax Station, VA. Spaces from 1,600 sq.ft. to 11,200 sq.ft. are available, including an anchor space. Area demographics include a population of 190,485 within five miles earning $108,221 as the average household income. For more information, contact Joe Caputo, Capitol Commercial Realty, 1050 Connecticut Avenue Northwest, 10th Floor, Washington, DC 20036; 301-947-6901; Email: joe@capitolcommercialrealty.com; Web site: www.capitolcommercialrealty.com. Paramount Realty Services, Inc. is preleasing Ocean Landings II, a 130,000 sq.ft. retail project located along Route 50 in Berlin, MD. Space is available along with pad sites of 2.56 acres and 3.06 acres. Area retail includes Walmart Supercenter and Home Depot. For more information, contact Nicole Johnson, Paramount Realty Services, Inc., 1195 Route 70, Lakewood, NJ 08701; 732-961-8123, Fax 732-886-1690; Email: njohnson@prs-nj.com; Web site: www.prs-nj.com. Garden Commercial Properties is preleasing a 145,000 sq.ft. project located at the intersection of Highway 33 and Butcher Road in Monroe Township, NJ. Area demographics include a population of 102,835 within seven miles earning $72,570 as the median household income. For more information, contact Michael Gartenberg, Garden Commercial Properties; 973-467-5000 Ext. 200; Email: retail@gardenhomes.com; Web site: D M www.gardencommercial.com.

Dealmakers

read this issue on your smartphone at dlmkrs.com using the mobile access code found on the front cover January 28, 2011

page 5

Buyers and Sellers Cole Real Estate Investments looks to acquire power and grocery-anchored shopping centers, as well as single-tenant freestanding buildings, nationwide. Suitable properties feature investment-grade tenants bound to NN or NNN leases and are priced above $2 million. For more information regarding singletenant properties, contact Chad C. Adams, Brian Garrigan, Carol J. Romney or Jeff Piccinelli, Cole Real Estate Investments, 2555 East Camelback Road, Suite 400, Phoenix, AZ 85016; 304-281-9155, 949-251-1000 and 602-716-8840/8844; Emails: cadams@colecapital.com, bgarrigan@colecapital.com, cromney@colecapital.com and jpiccinelli@colecapital.com; Web site: www.colecapital.com. For more information regarding multi-tenant properties, contact Thomas Falatko, Scott M. Holmes or Clint Marchuk; 602-716-8872, 602-952-4464 and 601-716-8819. For more information regarding single-tenant properties, contact Boyd Messmann; 214-521-3510; Email: bmessmann@colecapital.com. Cushman & Wakefield – Commerce Real Estate Solutions, on behalf of a client, is selling Winterwood Pavilion, a 144,653 sq.ft. neighborhood shopping center located at the intersection of Sahara Avenue and Nellis Boulevard in Las Vegas, NV. For more information, contact Dan Hubbard, Cushman & Wakefield – Commerce Real Estate Solutions, 170 South Main Street, Suite 1600, Salt Lake City, UT 84101; 702688-6934; Email: dhubbard@comre.com. CRES, Inc. is selling a three-acre parcel located in Austin, TX. The parcel is approved for an 11,955 sq.ft. retail structure. The asking price is $475,000. For more information, contact David Schoenemann, CRES, Inc., PO Box 91176, Austin, TX 78709-1176; 512828-6542, Fax 512-828-7419; Email: cresinc@austin.rr.com. NAI Capital negotiated the sale of a 35,000 sq.ft. parcel currently occupied by Sizzler located along Tampa Avenue in Northridge, CA. Chick-fil-A, Inc. acquired the property from Northridge Business Center and plans to demolish the existing building and construct a Chick-fil-A restaurant. The company represented the seller and Main & Main, Inc. represented the buyer in the transaction. For more information, contact Steve Weiss, NAI Capital, 16001 Ventura Boulevard, Suite 200, Encino, CA 91436; 818-905-2400; Web site: www.naicapital.com. page 6

January 28, 2011

The

Jones Lang LaSalle is selling Ahoskie Commons, a 193,557 sq.ft. center located in Ahoskie, NC. The center is 98.3% occupied with Walmart, Food Lion and Belk anchoring the center and tenants including Dollar Tree, The Athlete’s Foot, Cato, Sally Beauty Supply, Subway, RadioShack and Manhattan’s Men’s Apparel. For more information, contact Kris Cooper, Margaret Caldwell or Dave Wojciechowski, Jones Lang LaSalle, 200 East Randolph Drive, Chicago, IL 60601; 404-995-2271/2270 and 212-812-6041; Emails: kris.cooper@am.jll.com, margaret.caldwell@am.jll.com and dave.wojciechowski@am.jll.com. Massey Knakal Realty Services negotiated the sale of a portfolio of six retail condominiums located along Bleecker Street in the West Village area of Manhattan, NY. At the time of sale, tenants included Michael Kors, Marc Jacobs, Burberry and Mulberry. American Realty Capital acquired the portfolio from Beck Street Capital for $34 million. The company represented the buyer in the transaction. For more information, contact Massey Knakal Realty Services, 275 Madison Avenue, 3rd Floor, New York, NY 10016; 212-696-2500, Fax 212-696-0333; Web site: www.masseyknakal.com. Inland Real Estate Corp. acquired Bell Oaks Shopping Center, a 94,811 sq.ft. center located in Newburgh, IN. At the time of sale, the property was 100% leased and anchored by Schnuck’s with tenants including Hallmark, GNC and H&R Block. The company acquired the property for $13.1 million. The company also acquired a 103,611 sq.ft. Super Pick ‘n Save located in the Menomonee Falls area of Milwaukee, WI. The company acquired the property for $20.7 million. For more information, contact Inland Real Estate Corp., 2901 Butterfield Road, Oak Brook, IL 60523; 630-218-8000; Web site: www.inlandgroup.com. Grubb & Ellis Co. negotiated the sale of Edgewater Marketplace, a 145,780 sq.ft. center situated on 12.5 acres along Sheridan Boulevard in Edgewater, CO. Weingarten Realty Investors acquired the property from Pacific Star Capital for $22 million. At the time of sale, King Soopers anchored the center and Target shadow-anchored the property. The company represented the seller in the transaction. For more information, contact Riki Hashimoto or Dan Grooters, Grubb & Ellis Co., 1401 Wynkoop Street, Suite 300, Denver, CO 80202; 303-572-7700; Web site: www.grubb-ellis.com.

Dealmakers

www.dealmakers.net

Dominion Advisory Group, Inc., on behalf of a client, is looking to acquire small-format retail buildings throughout San Antonio, TX. Suitable properties are priced between $250,000 and $1 million. For more information, contact Tyson Baumgardner, Dominion Advisory Group, Inc., 150 North Loop 1604 East, Suite 202, San Antonio, TX 78232; Email: tbaumgardner@askdag.com. Zar Property NY looks to acquire singletenant freestanding locations and strip centers throughout New York, NY. Suitable properties feature GLAs above 10,000 sq.ft., tenants bound to NNN leases and valueadd potential. The company is also seeking distressed properties, and prefers sites in Manhattan. For more information, contact David Zar, Zar Property NY, 49 West 37th Street, 10th Floor, New York, NY 10018; 212-944-7979, Fax 212-730-1780; Email: david@zarpropertyny.com; Web site: www.zarpropertyny.com. Calkain Cos., Inc., on behalf of a buyer, looks to acquire a retail property located in major metropolitan areas, including Chicago, IL; New York, NY; Philadelphia, PA or Washington, DC. Suitable properties feature tenants bound to NNN leases with more than 10 years remaining on the original lease term featuring options and rent escalations. For more information, contact Jerry Burg or Andrew Fallon, Calkain Cos., Inc.; 703787-0686/4714; Emails: jburg@calkain.com and afallon@calkain.com; Web site: www.calkain.com. Edge Realty Group negotiated the sale of a 2.28-acre outlot located in Lebanon, OH. Sharefax Credit Union acquired the property from Walmart. The company represented the seller in the transaction. For more information, contact Melissa Ruther or Dan Sutton, Edge Real Estate Group, 8154 Montgomery Road, Suite 200, Cincinnati, OH 45236; 513-489-3343. The Boulder Group is selling a La-Z-Boy and an Ashley Furniture site located along East Boughton Road in Boilingbrook, IL. Area retail includes Costco. The asking price is $11.2 million. For more information, contact Randy Blankstein or Jimmy Goodman, The Boulder Group, 666 Dundee Road, Northbrook, IL 60062; 847-562-0003/ 8500; Emails: randyb@bouldergroup.com and jimmy@bouldergroup.com; Web site: www.bouldergroup.com. DM

Exclusives and Leasing Assignments Great American Brokerage (516-889-7200) represents the following retailers with their expansion plans: Tilted Kilt, throughout NJ and NY, seeking spaces of 5,000 sq.ft. to 10,000 sq.ft. in conversions, build-tosuits and endcaps of shopping centers with patio space; George Martin’s Grillfire, throughout Nassau and Suffolk counties in NY, seeking sites of 4,000 sq.ft. to 5,000 sq.ft. in conversions, freestanding locations, downtown areas and endcaps of shopping centers; Yella’s, throughout NJ and the New York, NY and Philadelphia, PA metropolitan areas, utilizing spaces of 1,500 sq.ft. to 3,000 sq.ft. in strip centers, store fronts and food courts; Joe’s Bestburger, with Commercial Retail Associates, throughout CT and Westchester and Long Island, NY, seeking spaces of 1,500 sq.ft. to 3,000 sq.ft. in freestanding locations, store fronts in central business districts and endcaps of strip centers; Tim Horton’s, throughout Nassau, Suffolk and eastern Queens, NY, seeking sites of 2,500 sq.ft. in freestanding locations and endcaps of shopping centers with a drive-thru, and Tasty Crepes, throughout Long Island, NY, utilizing spaces of 1,000 sq.ft. in store fronts, central business districts and inline spaces of shopping centers.

L3 Corp. (314-469-7400) represents the following retailers with their expansion plans: dressbarn, throughout the St. Louis, MO metropolitan area, seeking sites of 7,500 sq.ft. in malls and power and strip centers; Which Wich, throughout AR and MO, utilizing sites of 1,500 sq.ft. to 2,000 sq.ft. in power and strip centers, Hibbett Sports, throughout MO, seeking spaces of 4,500 sq.ft. to 6,500 sq.ft. in power and strip centers; It’s Fashion Metro, throughout northern and St. Louis, MO, utilizing sites of 9,000 sq.ft. to 11,000 sq.ft. in power and strip centers; Jason’s Deli, throughout St. Louis, MO, seeking sites of 4,800 sq.ft. in power, specialty and strip centers; Jos. A. Bank, throughout the St. Louis, MO metropolitan area, seeking spaces of 4,500 sq.ft. in malls, freestanding locations and power, specialty and strip centers; Moorehead Communications, throughout southern IL and MO, seeking spaces of 1,500 sq.ft. to 2,000 sq.ft. in freestanding locations and strip centers, and Murphy Oil, throughout the St. Louis, MO metropolitan area, utilizing outlots of one acre. Saugatuck Commercial Real Estate, LLC (203-222-4194/4188/4195) represents the following retailers with their expansion plans:

Snap Fitness, throughout Fairfield County, CT, seeking sites of 2,500 sq.ft. to 3,500 sq.ft., and T.G.I. Friday’s, throughout CT, seeking spaces of 7,000 sq.ft. to 7,500 sq.ft. Matanky Realty Group (312-337-1001) has been named the exclusive leasing and sales agent for a two-story mixed-use building located along West Chicago Avenue in Chicago, IL. Grubb & Ellis Co. (973-486-2516/2534/2576) represents Panera Bread with the chain’s expansion throughout northern NJ. The bakery café chain is seeking spaces of 4,000 sq.ft. to 5,000 sq.ft. in freestanding locations and endcaps, pad sites and outlots of lifestyle, power and regional shopping centers with outdoor patio seating, and will consider sites with a drive-thru. Pliskin Realty & Development, Inc. (516-9970100) represents Advance Auto with the chain’s expansion throughout Nassau, Suffolk, Queens, Brooklyn, Staten Island, Bronx, Westchester and the Hudson Valley area of NY. The auto parts chain is seeking freestanding locations, endcaps and inline spaces of shopping centers, and parcels of 30,000 sq.ft. DM

There's nothing better than

fp u rb l ieC i Tey The Dealmakers wants to help you market your projects, for FREE! If you are… • buying • newly representing • expanding

• lending/financing • opening • hiring/promoting

• leasing • newly constructing • selling

…then let us help you get the word out.

To submiT your informaTion, visiT www.dealmakers.neT/freepub.hTml www.dealmakers.net

The

Dealmakers

January 28, 2011

page 7

Food Retailers Expand Nationwide P.F. Chang’s China Bistro operates 200 locations nationwide. The upscale Chinese restaurants occupy spaces of 7,000 sq.ft. in freestanding locations, regional malls and upscale lifestyle centers. Growth opportunities are sought throughout the Baltimore, MD and Washington, DC metropolitan areas during the coming 18 months, with representation by Sax Realty, Inc. Brick House Tavern & Tap operates 13 locations throughout FL, IL, KY, MO, NJ, NY, OH, PA and TX. The restaurants and bars occupy spaces of 7,000 sq.ft. to 8,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout Baltimore, MD and Washington, DC during the coming 18 months, with representation by Sax Realty, Inc. The company will also consider locations in urban central business districts. For more information, contact Les Sax, Sax Realty, Inc., 4931 Cordell Avenue, Bethesda, MD 20814; 240-497-1192, Fax 240-4971070; Email: lsax@saxrealty.com; Web site: www.saxrealty.com. IHOP operates 1,500 locations nationwide and throughout Canada and Mexico. The pancake houses occupy spaces of 4,000 sq.ft. to 5,000 sq.ft. in endcaps and outlots of neighborhood and grocery-anchored shopping centers. Growth opportunities are sought throughout Miami-Dade County, FL during the coming 18 months, with representation by Behar Real Estate Group, Inc. Preferred demographics include a population above 25,000 within three miles. The company prefers sites with an average daily traffic count above 28,000 vehicles, and will consider ground leases, build-tosuits and second-generation spaces. A land area of one acre is required. For more information, contact David Behar, 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. Qdoba Mexican Grill operates 500 locations nationwide. The casual Mexican restaurants occupy spaces of 1,500 sq.ft. to 2,500 sq.ft. in freestanding locations, central business districts and endcaps of lifestyle, power and specialty centers. Growth opportunities are sought throughout New York, NY during the coming 18 months, with representation by Ripco Real Estate. For more information, contact Andrew Mandell, Ripco Real Estate, 150 East 58th Street, 15th Floor, New York, NY 10155; 212-750-6565, Fax 212-750-6767; Email: amandell@ripcony.com; Web site: www.ripcony.com. page 8

January 28, 2011

The

Dutch Bros. Coffee operates 160 locations throughout AZ, CA, CO, ID, OR and WA. The drive-thru coffee shops occupy spaces of 200 sq.ft. to 400 sq.ft. in freestanding locations and pad sites. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run 10 years. Specific improvements are required. Major competitors include Starbucks. Preferred demographics include a population between 10,000 and 50,000 within five miles earning $50,000 as the average household income. A land area of 7,500 sq.ft. is required, and the company will also consider second-generation spaces. For more information, contact Brian Maxwell, Dutch Bros. Coffee, PO Box 1929, Grants Pass, OR 97528; 541-955-4700, Fax 541-471-0330; Email: brian@dutchbros.com; Web site: www.dutchbros.com. Starbucks operates over 16,000 locations nationwide and internationally. The coffee shops occupy spaces of 700 sq.ft. to 1,700 sq.ft. in downtown areas, office buildings and endcaps of shopping centers. Growth opportunities are sought throughout Manhattan, NY during the coming 18 months, with representation by Northwest Atlantic Real Estate Services, LLC. Typical leases run 10 years with options. For more information, contact David Firestein, Northwest Atlantic Real Estate Services, LLC, 711 Westchester Avenue, 2nd Floor, White Plains, NY 10604; 914-3282222; Email: david@nwatlantic.com; Web site: www.nwatlantic.com. San Sai Japanese Grill operates 34 locations throughout CA and MO. The Japanese fast-casual restaurants occupy spaces of 1,800 sq.ft. to 2,800 sq.ft. in entertainment, lifestyle and power centers. Plans call for six openings throughout southern CA during the coming 18 months, with representation by Lee & Associates. Preferred cotenants include Henry’s, Ralph’s, Von’s, Target and grocery stores. For more information, contact Bo Havlik, Lee & Associates, 5872 Owens Avenue, Suite 200, Carlsbad, CA 92008; 760-448-2454, Fax 760-929-9977; Email: bhavlik@lee-associates.com; Web site: www.sansaiusa.com. Exline, Inc. trades as Exline’s – Best Pizza in Town at 11 locations throughout MS and TN. The pizzerias occupy spaces of 1,000 sq.ft. to 3,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. For more information, contact Joyce Miller, Exline, Inc., 2935 Austin Peay Highway, Memphis, TN 38128; 901388-3044, Fax 901-383-2039; Web site: www.exlinespizza.com.

Dealmakers

www.dealmakers.net

Five Guys Famous Burgers and Fries operates 725 locations nationwide throughout 40 states, as well as in Canada. The restaurants occupy spaces of 2,000 sq.ft. to 3,000 sq.ft. in freestanding locations, urban/downtown areas and endcaps and inline spaces of lifestyle and strip centers. Growth opportunities are sought throughout northern DE, southern NJ and the metro Philadelphia, Lehigh Valley and northeastern areas of PA during the coming 18 months, with representation by Michael Salove Co. Typical leases run 10 years. The company will also consider sites in mall food courts. For more information, contact Stanton Brown, Michael Salove Co., 1700 Market Street, 17th Floor, Philadelphia, PA 19103; 215-568-2600 Ext. 12, Fax 215-568-2666; Email: sbrown@salove.com; Web site: www.salove.com. Firehouse Subs operates 400 locations nationwide throughout 21 states. The sandwich shops occupy spaces of 1,500 sq.ft. to 2,000 sq.ft. in inline spaces and endcaps of shopping centers. Growth opportunities are sought throughout Birmingham, Montgomery and northern AL; and Jackson, Meridian, Vicksburg and central MS during the coming 18 months. Preferred cotenants include big box retailers. Preferred demographics include a population of 20,000 within three miles earning $35,000 as the median household income. Expansion is franchise-driven. For more information, contact David Conklin, Firehouse Subs, 3400-8 Kori Road, Jacksonville, FL 32257; 863-528-4824; Email: dconklin@firehousesubs.com; Web site: www.firehousesubs.com. CEC Entertainment, Inc. trades as Chuck E. Cheese’s at 504 locations nationwide. The pizzerias and entertainment facilities occupy spaces of 14,000 sq.ft. to 18,000 sq.ft. in freestanding locations and inline spaces of power centers. Growth opportunities are sought throughout AL; CA; FL; Chicago, IL; MA; Baltimore, MD; MN; MO; NC; NJ; NY; OK; TN; TX; northern VA and Washington, DC, as well as Canada, during the coming 18 months. Preferred demographics include a population of 35,000 children between ages 0 and 9 within 10 miles. The company is franchising in select markets. For more information, contact Les Lehner, CEC Entertainment, Inc., PO Box 152077; Irving, TX 75015; 972258-8507, Fax 972-258-5498; Web site: www.chuckecheese.com. DM

Real Estate Professionals Making the News

Lease Signings S.L. Nusbaum (757-627-8611) negotiated the following lease extensions: with Wireless Revolution for 1,600 sq.ft. at Glenwood Square II in Chesapeake, VA; with Beauty 21 for 3,200 sq.ft. at Holland Windsor Shopping Center in Virginia Beach, VA, and with Crab Louie’s Seafood Tavern for 4,651 sq.ft. at Sycamore Square Shopping Center in Midlothian, VA. The company also negotiated the following leases throughout VA: with Oui Nail Space for 3,450 sq.ft. at JANAF Shopping Yard in Norfolk; with Moon Asian Bistro for 3,500 sq.ft. at Monticello Marketplace in Williamsburg, and with Awful Arthur’s Seafood Restaurant for 4,040 sq.ft. at Sycamore Square Shopping Center in Midlothian. Centro Properties Group (212-869-3000) signed the following leases: with Fish Place for 1,680 sq.ft. at Hearthstone Corners, located at the intersection of Highway 6 and West Little York Road in Houston, TX; with NeighborRX for 1,800 sq.ft. at Wallkill Plaza, located at the intersection of Route 211 East and Carpenter Avenue in Middletown, NY; with Mingles International Café for 2,052 sq.ft. at Pavilions at Eastlake, located at the intersection of Robinson Road and Roswell Road Northeast/Route 120 in Marietta, GA; with Beyond Your Nutrition for 2,264 sq.ft. at Market Plaza, located at the intersection of Coit Road and West President George Bush Highway in Plano, TX, and with St. Pete Pipe & Cigars for 2,467 sq.ft. at Tyrone Gardens, located at the intersection of Tyrone Boulevard North/Route 19 and 9th Avenue in St. Petersburg, FL. Forest City Enterprises, Inc. (718-923-8400) negotiated a lease with Lord & Taylor for space at The Westchester’s Ridge Hill, located in Yonkers, NY. Cotenants at the center include Whole Foods Market, L.L. Bean, Cinema De Lux, REI, Sephora, Orvis, Dick’s Sporting Goods, The Cheesecake Factory, Yard House, Texas de Brazil and Brio Tuscan Grille. Inland Western Retail Real Estate Trust, Inc. (877-646-5263) negotiated a lease with Pro’s Ranch Markets for 75,522 sq.ft. at Yarborough Plaza Shopping Center, located in El Paso, TX. Cotenants at the center include Ross Dress for Less, PetSmart and Pep Boys. The company also negotiated a lease with hhgregg for space at Gurnee Town Center, a 179,588 sq.ft. community shopping center located along Grand Avenue in Gurnee, IL. Cotenants at the center include Old Navy, Pier 1 Imports, Famous Footwear, Borders, Avenue, Bath & Body Works and Starbucks.

Vanguard Realty, Inc. (973-443-9700) negotiated a lease with Sandy’s Wine and Spirits for 6,000 sq.ft. at Village Green Shopping Center, located in Mt. Olive, NJ. Cotenants at the center include HomeGoods, CVS, Dunkin’ Donuts, Lighten Up Salon, PNC Bank and Dairy Queen. The company also negotiated leases with Massage Envy and NY Bagel Café for spaces at Waldwick Shopping Center, located along Franklin Turnpike in Waldwick, NJ. Horizon Realty Services, Inc. (847-870-8585) negotiated a lease with Planet Fitness for 25,200 sq.ft. at Melrose Crossing, located at the intersection of Mannheim Road and North Avenue in Melrose Park, IL. The company represented the landlord in the transaction. Matanky Realty Group (312-337-1001) negotiated a three-year lease with Golden Rise Bakery for 1,000 sq.ft. along North Milwaukee Avenue in Chicago, IL. The company also negotiated a four-year lease with Shrimp Max for 1,350 sq.ft. at Park Forest Theater Plaza in Park Forest, IL. The company also negotiated a five-year lease with Juan Daniel Hair Design for 1,390 sq.ft. along North Milwaukee Avenue in Chicago, IL. The Goldstein Group (201-702-9700) negotiated the following leases throughout NJ: with Dunkin’ Donuts for 1,600 sq.ft. along River Road in Fair Lawn; with Verizon Wireless for 1,650 sq.ft. at Carlstadt Gardens, located along Garden Street in Carlstadt and for 2,000 sq.ft. along Route 22 West in Whitehouse Station; with Babyland for 1,800 sq.ft. along Millburn Avenue in Millburn, and with The Little Gym for 3,900 sq.ft. at The Promenade at Summit, located along Morris Avenue in Summit. Taylor Long Properties (804-864-9788) negotiated a five-year lease with Karate Studio for 1,200 sq.ft. at Laburnum Park Shopping Center in Richmond, VA. The company also negotiated a five-year lease with Sweet Frog Premium Frozen Yogurt for 1,602 sq.ft. at Hanover Square South Shopping Center in Mechanicsville, VA. The company also negotiated a 10-year lease with Ace Hardware for 23,541 sq.ft. at AshlandHanover Shopping Center in Ashland, VA. Goodman Real Estate Services Group, LLC (216-381-8200) negotiated a lease with Espres Nail Spa for 2,760 sq.ft. at The Greens of Strongsville, located in Strongsville, OH. The center is anchored by Target, Heinen’s Fine Foods, T.J. Maxx, Old Navy and Champs Sports. DM www.dealmakers.net

The

Divaris Real Estate (757-497-2113) hired Susan McGee as senior vice president of shopping center leasing out of the company’s Rockville, MD office. She will be responsible for tenant and landlord representation for retail clients and properties throughout the greater Washington, DC area, as well as northern VA and MD. McGee had previously served at the company, providing leasing services including market research, lease negotiation and the permit, construction and development of merchandising and marketing plans. She also served at Renaud Consulting, First Washington Management, Inc., A.J. Dwoskin and Associates, Inc. and Carl M. Freeman Associates, Inc. The company is a division of The Divaris Group, an international real estate brokerage and property management firm that manages retail, office and industrial space throughout the mid-Atlantic and southeastern regions of the U.S. NAI Avant (843-720-4944) hired Hudson M. Rogers as a member of the company’s Charleston, SC brokerage group. He will focus on retail leasing, tenant representation and investment sales. Prior to joining the company, he served at Kit Thrash Properties, LLC, where he specialized in management, leasing and sales. The company manages properties throughout GA, NC and SC. Knapp Properties (515-223-4000) hired Matthew Anderson as vice president of asset management. He will oversee the acquisition and disposition of assets. Prior to joining the company, he served as director of the Des Moines, IA department of economic development, and at AmerUs Properties as an asset manager. The company owns or manages 2.5 million sq.ft. of commercial property. Shames Makovsky Realty Co. (609-945-4086) has been acquired by NAI Global and will henceforth operate as NAI Shames Makovsky. The company is a full-service commercial real estate firm operating out of Denver, CO offering retail, office, industrial and land brokerage; owner and tenant representation; construction, project and property management, and financing and valuation services. Evan Makovsky is cofounder and managing partner of the firm. Pendo Investments, LLC (310-606-8424) was formed by Brian Buchhagen. The company will focus on value-add real estate equity investments throughout the western and southwestern U.S. Clark Perkins and Matt Kardos will also serve as principals. Prior to joining the company, Buchhagen, Perkins and Kardos served at Legg Mason Real Estate Investors, where they were responsible for acquisitions and asset management. DM

Dealmakers

January 28, 2011

page 9

Lead Sheet Belron Canada dba Speedy Glass, Lebeau Vitres Dâ&#x20AC;&#x2122;Autos, DURO Vitres Dâ&#x20AC;&#x2122;Autos, Apple Auto Glass, Standard Auto Glass and Novus Lena Marie Barras 8288 Pie-IX Boulevard Montreal, Quebec, Canada H1Z 3T6 514-593-7000, Fax 514-593-2210 Email: lbarras@belroncanada.com Web site: www.belroncanada.com

Automotive The 380-unit chain operates locations throughout Canada. The auto service facilities, offering windshield repair and replacement as well as automotive glass and accessories, occupy spaces of 2,500 sq.ft. to 3,500 sq.ft. in freestanding locations and auto malls. Growth opportunities are sought throughout Hamilton and Burlington in Toronto, Canada during the coming 18 months. Typical leases run five years. The company prefers to locate near automotive service centers.

7-Eleven, Inc. dba 7-Eleven Nancy Wade 5300 Shawnee Road Alexandria, VA 22312 410-952-9100 Email: nancy.wade@7-11.com Web site: www.7-eleven.com

Convenience The 8,200-unit chain operates locations nationwide and throughout Canada. The convenience stores, some with gasoline facilities, occupy spaces of 2,400 sq.ft. in endcaps of shopping centers and corner locations. Growth opportunities are sought throughout DE, MD, VA and Washington, DC during the coming 18 months. A land area of 1.5 acres is required for sites with gasoline facilities.

Arey Cos. dba One Stop Robert Burns 1906 East Dixon Boulevard Shelby, NC 28152 704-482-1445, Fax 704-481-0645

Convenience The 17-unit chain operates locations throughout NC and SC. The convenience stores occupy freestanding locations situated on a land area of one to two acres. Growth opportunities are sought throughout the existing markets during the coming 18 months. The company prefers to acquire land and is site-selective.

E-Z Stop Food Marts, Inc. dba E-Z Stop Tommy Hunt PO Box 6618 Maryville, TN 37802 865-977-7070, Fax 865-982-3271 Email: tommy@ezstop.net

Convenience The 21-unit chain operates locations throughout TN. The convenience stores, with gasoline facilities, occupy spaces of 2,500 sq.ft. to 6,000 sq.ft. in freestanding locations. Plans call for one to two openings within the existing market during the coming 18 months. Preferred cotenants include grocery stores. Preferred demographics include a population of 10,000 within three miles earning $25,000 as the average household income. Major competitors include Pilot and RaceTrac. A land area of one acre is required.

Pump N Pantry, Inc. dba Pump N Pantry Scott Quigg 754 Grow Avenue Montrose, PA 18801 570-278-1129, Fax 570-278-2327 Web site: www.pumpnpantry.com

Convenience The 17-unit chain operates locations throughout PA. The convenience stores, with gasoline facilities, occupy spaces of 3,000 sq.ft. to 4,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the northeastern and north-central regions of PA during the coming 18 months. A land area of 1.5 to three acres is required. The company prefers to acquire sites.

Rogers Communications, Inc. dba Rogers Plus, Rogers and Rogers Sans-fil Nick Iozzo 1 Mt. Pleasant Road Toronto, Ontario, Canada M4Y 2Y5 416-935-6701 Email: nick.iozzo@rci.rogers.com

Electronics The company operates 447 corporate-owned Rogers Plus and 800 dealer-owned Rogers and Rogers Sans-fil locations throughout Canada. The stores, offering cable and phone services and supplies, occupy spaces of 1,000 sq.ft. to 2,000 sq.ft. in regional malls, kiosks, inline spaces of power centers and street fronts. Plans call for 50 to 60 openings for both the corporateand dealer-owned stores throughout the existing market during the coming 18 months.

www.dealmakers.net

The

Dealmakers

January 28, 2011

page 11

Lead Sheet SunTrust Bank Bob Schwenger c/o JBG Rosenfeld Retail 4445 Willard Avenue, Suite 700 Chevy Chase, MD 20815 301-657-0700, Fax 301-657-9850 Email: bschwenger@jbgr.com Web sites: www.suntrust.com and www.jbgr.com

Finance The 1,600-unit chain operates locations throughout AL, AR, FL, GA, MD, MS, NC, SC, TN, VA, WV and Washington, DC. The banks occupy spaces of 3,000 sq.ft. to 5,000 sq.ft. in freestanding locations. Plans call for up to five openings throughout MD, VA and Washington, DC during the coming 18 months, with representation by JBG Rosenfeld Retail. The company prefers sites with a drive-thru.

Supercuts Adam Conviser c/o Conviser Property Group 858 Washington Street, Suite 306 Dedham, MA 02026 781-320-0600 Ext. 1, Fax 781-791-4599 Email: adam@conviserpg.com Web site: www.conviserpg.com

Hair The 2,100-unit chain operates locations nationwide and throughout Canada and Puerto Rico. The discount hair salons occupy spaces of 900 sq.ft. to 1,500 sq.ft. in grocery-anchored strip centers. Growth opportunities are sought throughout MA and NH during the coming 18 months, with representation by Conviser Property Group.

Intrigue Jewelers / Diamonds Forever dba Diamonds Forever Omar Farooq 1633 Sunset Drive Birmingham, AL 35216 205-901-2000

Jewelry The eight-unit chain operates locations throughout GA. The jewelry stores occupy spaces of 1,200 sq.ft. to 2,000 sq.ft. in malls and power and specialty centers. Growth opportunities are sought nationwide during the coming 18 months. Typical leases run three to five years. A vanilla shell is required. Preferred cotenants include Sears, JCPenney and Dillards. Preferred demographics include a population of 30,000 within 10 miles earning $65,000 as the average household income. Major competitors include Gordonâ&#x20AC;&#x2122;s, Kay Jewelers and Zales.

Magic Rice, Inc. dba Magic Rice Adnan Aksu 3956 Town Center Boulevard, Suite 187 Orlando, FL 32837 407-438-6650, Fax 407-888-4447 Email: mail@magicrice.com Web site: www.magicrice.com

Jewelry The company operates one location in FL. The store, offering personalized rice jewelry, prefers to occupy kiosks in malls and entertainment, outlet, specialty and strip centers, as well as urban/downtown areas. Growth opportunities are sought nationwide during the coming 18 months.

Pak Mail Centers of America, Inc. dba Pak Mail Adriene Thompson 7173 South Havana Street, Suite 600 Centennial, CO 80112 303-957-1000, Fax 303-957-1015 Web site: www.pakmail.com

Shipping The 479-unit chain operates locations nationwide and internationally. The stores, offering packaging and shipping supplies and services, occupy spaces of 1,200 sq.ft. in strip centers. Growth opportunities are sought nationwide during the coming 18 months. Typical leases run five years with a five-year option. A vanilla shell is preferred. Preferred cotenants include grocery stores. Preferred demographics include a population of 30,000 within three miles earning $50,000 as the average household income. Major competitors include PostNet and The UPS Store. The company is franchising.

Bio Ped Foot Care Centers, Inc. dba Bio Ped Foot Care Centers Robin Schleien 2150 Winston Park Drive, Unit 21 Oakville, Ontario, Canada L6H 5V1 905-829-0505, Fax 905-829-5199 Web site: www.bioped.com

Shoes The 45-unit chain operates locations throughout Ontario, Canada. The shoe stores occupy spaces of 1,500 sq.ft. in regional malls and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months.

page 12

January 28, 2011

The

Dealmakers

www.dealmakers.net

Lead Sheet Beltone Penny Wickey, Daniel Neaton or Peter Yeskey c/o Saugatuck Commercial Real Estate, LLC 9 Burr Road Westport, CT 06880 203-222-4194/4188/4195 Emails: pwickey@saugatuckcommercial.com, dneaton@saugatuckcommercial.com and pyeskey@saugatuckcommercial.com Web site: www.saugatuckcommercial.com

Specialty The 1,500-unit chain operates locations nationwide and internationally. The stores, offering hearing care services and products, occupy spaces of 800 sq.ft. to 1,200 sq.ft. Growth opportunities are sought throughout New England during the coming 18 months, with representation by Saugatuck Commercial Real Estate, LLC.

Doctors Express Stanton Brown c/o Michael Salove Co. 1700 Market Street, 17th Floor Philadelphia, PA 19103 215-568-2600 Ext. 12, 215-568-2666 Email: sbrown@salove.com Web site: www.salove.com

Specialty The 20-unit chain operates locations throughout CA, CO, DE, FL, GA, MA, MD, MO, NC, NJ, PA, SC, TN, TX and VA. The medical care facilities occupy spaces of 2,000 sq.ft. to 2,500 sq.ft. in community shopping centers. Growth opportunities are sought throughout New Castle County, DE and the greater Philadelphia, PA metropolitan area during the coming 18 months, with representation by Michael Salove Co. Preferred demographics include a population of 50,000 within five miles earning $50,000 as the average household income.

Kocolene Marketing, LLC dba Smokers Host Bob Myers PO Box 448 Seymour, IN 47274-0448 812-522-2224, Fax 812-522-6264

Specialty The 20-unit chain operates locations throughout IN. The stores, offering discount tobacco products, occupy spaces of 1,200 sq.ft. to 2,000 sq.ft. in freestanding locations and strip centers. Plans call for three openings throughout the existing market during the coming 18 months. Typical leases run one year. Preferred cotenants include Dollar General, pawn shops, pizzerias, cash advance centers and liquor stores. A vanilla shell is required.

Leslieâ&#x20AC;&#x2122;s Poolmart, Inc. dba Leslieâ&#x20AC;&#x2122;s Pool Supplies Jim Iacobazzi 3925 East Broadway Road, Suite 100 Phoenix, AZ 85040 602-366-3999, Fax 602-567-7969 Email: jiacobazzi@lesl.com Web site: www.lesliespool.com

Specialty The 600-unit chain operates locations nationwide throughout 35 states. The stores, offering swimming pool supplies, occupy spaces of 3,000 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. Preferred cotenants include grocery stores.

Organic Dry Cleaner Young Byunn c/o Winick Realty Group 655 Third Avenue, 8th Floor New York, NY 10017 212-792-2645, Fax 212-792-2660 Email: young@winick.com Web site: www.winick.com

Specialty The company operates locations throughout NY. The dry cleaning facilities occupy spaces of 400 sq.ft. to 1,000 sq.ft. Plans call for five openings throughout the existing market during the coming 18 months, with representation by Winick Realty Group. Preferred demographics include a trade-area population earning $70,000 as the average household income.

Green Mountain Corp. dba Peter Glenn Ski & Sport Martin Underwood 2901 West Oakland Park Boulevard Ft. Lauderdale, FL 33311 954-484-7800, Fax 954-739-5724 Web site: www.peterglenn.com

Sporting Goods The 17-unit chain operates locations throughout FL, GA, VA and VT. The sporting goods stores, offering equipment, accessories and apparel, occupy spaces of 8,000 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. Typical leases run five years with options.

www.dealmakers.net

The

Dealmakers

January 28, 2011

page 13

Lead Sheet Olympia Sports Carla Manganello 5 Bradley Drive Westbrook, ME 04092 207-854-2794, Fax 207-591-9055 Email: cmanganello@olympiasports.net Web site: www.olympiasports.net

Sporting Goods The 187-unit chain operates locations throughout CT, MA, ME, NH, NY, PA, RI and VT. The sporting goods stores occupy spaces of 3,600 sq.ft. to 4,500 sq.ft. in regional malls and lifestyle, power and strip centers. Plans call for 20 to 25 openings throughout the existing markets, as well as NJ, during the coming 18 months. Typical leases run five years. A vanilla shell is required. Preferred cotenants include grocery stores, Target, T.J. Maxx and Walmart. Preferred demographics include a population of 45,000 within five miles earning $45,000 as the average household income.

The Pro Image Jake Riley 233 North 1250 West, Suite 200 Centerville, UT 84014 801-296-9999, Fax 801-296-1319 Email: info@proimage.net Web site: www.proimage.net

Sporting Goods The 99-unit chain operates locations nationwide. The sporting goods stores occupy spaces of 1,500 sq.ft. in malls and outlet centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run seven to 10 years. Preferred cotenants include Foot Locker and The Finish Line.

Total Hockey Scott Bitney c/o L3 Corp. 12655 Olive Boulevard, Suite 220 St. Louis, MO 63141 314-469-7400, Fax 314-576-9768 Email: scott@l3corp.net Web site: www.l3corp.net

Sporting Goods The 10-unit chain operates locations throughout IL, MN and MO. The specialty sporting goods stores occupy spaces of 8,000 sq.ft. to 10,000 sq.ft. in power and strip centers. Growth opportunities are sought throughout St. Louis, MO during the coming 18 months, with representation by L3 Corp.

Carlie Câ&#x20AC;&#x2122;s Operations dba Carlie Câ&#x20AC;&#x2122;s IGA Mack McLamb 3695 U.S. Highway 301 North Dunn, NC 28334 910-892-4124 Web site: www.carliecs.com

Supermarket The 14-unit chain operates locations throughout NC. The supermarkets occupy spaces of 24,000 sq.ft. to 45,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months.

Dollar Tree Jonathan Wise c/o Real Estate Advisors 3 Turnpike Road South Borough, MA 01772 207-831-2110, Fax 508-481-5801 Web site: www.dollartree.com

Variety The 4,000-unit chain operates locations nationwide. The dollar stores, offering general merchandise items, occupy spaces of 9,000 sq.ft. to 11,000 sq.ft. in freestanding locations and pad sites and inline spaces of shopping centers. Growth opportunities are sought throughout CT, MA, ME, NH, RI and VT during the coming 18 months, with representation by Real Estate Advisors. The company prefers sites with strong visibility and a high volume of traffic.

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 14

January 28, 2011

The

Dealmakers

www.dealmakers.net

R LE

FOR

LEAS

FOR LEASE

Space Place California

California

Colma – Serra Shopping Center, located at the intersection of Junipero Serra Boulevard and Seramonte Boulevard, has an 11,500 sq.ft. space available. Target anchors the center and cotenants include Michaels, GameStop, Carters, Round Table, Sleep Train, Beverages & More!, Fresh Choice, Sizzler, Aaron’s, H&R Block and Ono Hawaiian BBQ. Area demographics include a population of 417,538 within five miles earning $89,500 as the average household income. Area retail includes Macy’s, Home Depot, Barnes & Noble, Nordstrom Rack, Bed Bath & Beyond and Old Navy. The average daily traffic count is 94,500 vehicles. For details, contact Christine Firstenberg, Metrovation Brokerage; 510-839-4000 Ext. 240; Email: cfirstenberg@metrovation.com.

Patio and Wells Fargo. Area demographics include a population of 184,338 within five miles earning $85,370 as the average household income. The average daily traffic count is 70,000 vehicles. For details, contact Maggie Montez or Dani Alexander, CB Richard Ellis, Inc., 74770 Highway 111, Suite 101, Indian Wells, CA 92210; 760-341-2272 or 760-3400106; Emails: maggie.montez@cbre.com and dani.alexander@cbre.com; Web site: www.cbre.com/indianwells.

available. Cotenants include Starbucks, Subway, Beau Image Day Spa, Leila’s Fine Dining, Cigale Café and Stevenson Fitness. Area demographics include a population of 51,360 within three miles earning $142,935 as the average household income. Yorba Linda – Savi Ranch Center, located along East Park Drive, has a 3,600 sq.ft. space with a drive-thru available. Cotenants include Kohl’s, Dick’s Sporting Goods, Best Buy, Bed Bath & Beyond, Michaels and Thomasville Home Furnishing. Area demographics include a population of 126,067 within five miles earning $123,373 as the average household income. For details regarding the Norwalk property, contact Eric Knudson, Retail Net Lease Properties; 310-252-7656 Ext. 154; Email: eric@rnlp.biz; Web site: www.rnlp.biz. For details regarding the Oak Park and Yorba Linda properties, contact Charlie Cangelosi; Email: charlie@rnlp.biz.

La Quinta – Pavilion at La Quinta, located along Adams Street, has a 2,860 sq.ft. space available. Henry’s, Bed Bath & Beyond, Best Buy and OfficeMax anchor the center. Cotenants include Sunshine Stationery, Creative Nails, Jenny Craig, Famous Footwear, DSW, Juice it Up, zpizza, Panera Bread, Chipotle, FedEx Office, California

Norwalk – Paddison Square, located at the intersection of Imperial Highway and Norwalk Boulevard, has spaces available from 1,516 sq.ft. to 3,960 sq.ft. Target anchors the center and cotenants include Rite Aid, Payless Foods, Kragen Auto Parts, The Habit Burger and Hammers Skate Shop. Area demographics include a population of 214,915 within three miles earning $66,782 as the average household income. The average daily traffic count is 87,000 vehicles. Oak Park – Oak Park Plaza, located at the intersection of Kanan Road and Lindero Canyon Road, has a 2,055 sq.ft. space

Connecticut Greenwich – A 2,585 sq.ft. space located along Greenwich Avenue is available. Area retail includes Apple, Richards of Greenwich, Bang & Olufsen, Saks Fifth Avenue, Tiffany & Co., Sephora, J. Crew and Lux Bond & Green. Area demographics include a population of 140,201 within five miles earning $141,647 as the average household income. For details, contact Craig Way, The HB Nitkin Group; 203-861-9000; Email: pcway@hbnitkin.com.

Florida Coral Springs – Royal Eagle Plaza, a 193,000 sq.ft. center located at the intersection of University Drive and Wiles Road, has spaces available from 1,295 sq.ft. and 2,720 sq.ft. Cotenants include Stein Mart, Payless ShoeSource, RadioShack, Hair Odyssey, Pepperoni Grille, Batter’s Box and Country Kitchen. Area retail includes Coral Springs Mall. Area demographics include a population of 128,203 within three miles earning $89,108 as the average household income. The asking rent ranges from $15 psf to $17 psf NNN. Sunrise – Pine Oak Plaza, a 16,994 sq.ft. neighborhood shopping center located at the intersection of Oakland Park Boulevard and Pine Island Road, has spaces available of 1,100 sq.ft. and 1,884 sq.ft. Cotenants include Nirala Sweets, Eastern Supermarket and Buzz’s Lounge. Area demographics include a population of 190,055 within three miles earning $58,041 as the average household income. The page 16

January 28, 2011

The

Dealmakers

www.dealmakers.net

Space Place

R LE

FOR

LEAS

FOR LEASE

Florida

Georgia

average daily traffic count is 75,000 vehicles. The asking rent is $14 psf NNN with CAM of $8.32 psf. For details, contact Timothy Neal, Neal Realty & Investments, Inc., 3300 North Federal Highway, Suite 250, Ft. Lauderdale, FL 33306; 954-568-0530; Email: tim@nealrealty.net; Web site: www.nealrealty.net.

Alpharetta – Saddlebrook, a 128,727 sq.ft. center located at the intersection of Jones Bridge Road and State Bridge Road, has spaces available of 1,600 sq.ft. and 3,000 sq.ft. Kroger anchors the center and cotenants include Frontera, Nail Turbo, Sheer Impressions, Pro’s Corner Tennis, Great Clips, Tuesday Morning, Palm Beach Tan, Sala Thai Restaurant, Subway, The UPS Store, Once & Again Books, Goodyear Tire, Pizza Hut and Blockbuster Video. Area demographics include a population of 181,736 within five miles earning $143,219 as the

average household income. The average daily traffic count is 58,730 vehicles. Fayetteville – Fayetteville Towne Center, a 100,666 sq.ft. center located at the intersection of GA Highway 92 and Glynn Street South, has spaces available of 1,267 sq.ft.; 1,347 sq.ft. and 2,680 sq.ft. Kroger anchors the center and cotenants include Blockbuster Video, Brass Hanger, Longbranch, Banana Beach Tan, Mail Express, Allstate Insurance, Coast Dental, Great Clips, V-Nails and Royal Sticks. Area demographics include a population of

Hollywood – Twin Center Shopping – North, a strip center, has an 1,800 sq.ft. space available. Area draws include Seminole Hard Rock Hotel & Casino. Area demographics include a population of 252,252 within five miles earning $47,266 as the median household income. The average daily traffic count is 54,000 vehicles. Miami – Miller Heights Shopping Center, a strip center, has spaces available of 940 sq.ft. and 2,821 sq.ft. Area demographics include a population of 369,506 within five miles earning $49,982 as the median household income. For details, contact Brian Sharpe, Sharpe Properties, 1060 East 33rd Street, Hialeah, FL 33013; 305-693-3500, Fax 305-693-3497; Email: brian@sharpeproperties.com; Web site: www.sharpeproperties.com.

(continued on page eighteen)

Miami – The Shops at Midtown Miami, a 645,000 sq.ft. mixed-use center located at the intersection of Interstate 195/Julia Tuttle Causeway and U.S. Highway 1/Biscayne Boulevard, has spaces available from 954 sq.ft. to 8,000 sq.ft. Target, PetSmart, The Sports Authority, Marshalls, Ross Dress for Less, Guess Factory Outlet and HomeGoods anchor the center. The average daily traffic count is 99,861 vehicles. Sebring – The Shops at Shelby Crossing, a 226,960 sq.ft. power center located at the intersection of U.S. Highway 27 and Thunderbird Road, has spaces available from 1,470 sq.ft. to 39,204 sq.ft. Bed Bath & Beyond, Ross Dress for Less, Michaels, Marshalls, Gold’s Gym, Petco and Olive Garden anchor the center. Cotenants include Starbucks, Mattress Giant, Panera Bread, dressbarn, Famous Footwear, Books-A-Million, Top Nail and Sally Beauty Supply. Area demographics include a population of 55,293 within 10 miles earning $38,567 as the average household income. The average daily traffic count is 42,500 vehicles. For details, contact Valeria Papandrea, High Street Retail, 3610 Northeast 1st Avenue, Miami, FL 33137; 786728-0675, Fax 866-981-4442; Email: valeria@highstreetretailusa.com; Web site: www.highstreetretailusa.com. www.dealmakers.net

The

Dealmakers

January 28, 2011

page 17

R LE

FOR

LEAS

FOR LEASE

Space Place Georgia

(continued from page seventeen)

46,815 within five miles earning $92,539 as the average household income. The average daily traffic count is 20,410 vehicles. Marietta – Woodlawn Point, a 97,879 sq.ft. center located at the intersection of Johnson Ferry Road and Woodlawn Drive, has a 1,400 sq.ft. space available. Publix anchors the center and cotenants include Pet Supermarket, Sweet Spirit, Art Cleaners, Nancy’s Salon, Sprint, Flowers of Marietta, Quick Weight Loss, C’est Moi, Café de Paris, D’lites, Withrow Jewelers, Firehouse Subs and FedEx Office. Area demographics include a population of 184,592 within five miles earning $118,553 as the average household income. The average daily traffic count is 103,130 vehicles. Smyrna – Highland Station, a 95,257 sq.ft. center located at the intersection of South Cobb Drive and East/West Connector, has spaces available of 1,000 sq.ft. and 2,400 sq.ft. Publix anchors the center and cotenants include Stevie B’s, GNC, Capri Salon, The UPS Store, Cato, RadioShack, Top Nail, China Wok, All Ray’s Yours, Sally Beauty Supply, Going Gear, Great Clips, Prosperous Metropolis and Las Bravos. Area demographics include a population of 192,857 within five miles earning $79,030 as the average household income. The average daily traffic count is 36,270 vehicles. For details, contact Retail Planning Corp., 35 Johnson Ferry Road, Marietta, GA 30068; 770-956-8383; Email: leasing@retailplanningcorp.com.

Illinois Chicago – Shops of Beverly, located at the intersection of 95th Street and Western Avenue, has a divisible space of 3,540 sq.ft. available. Cotenants include Panera Bread, Chipotle, EB Games, For Eyes and Chase Bank. Area retail includes Jamba Juice, Back to Bed, Fatburger, Potbelly’s, Starbucks, Citibank, Panda Express and Visionworks. Area demographics include a population of 208,066 within five miles earning $93,746 as the median household income. The average daily traffic count is 72,600 vehicles. Evanston – A 14,664 sq.ft. freestanding building located at the intersection of Asbury Avenue and Oakton Street is available. Area demographics include a population of 274,536 within three miles earning $54,463 as the median household income. The average daily traffic count is 58,700 vehicles. For details regarding the Chicago property, contact Jennifer Kaufman, Zifkin Realty Group, LLC, 560 West Washington, Suite 330, Chicago, IL 60661; 312-624-7748; page 18

January 28, 2011

The

Illinois

Indiana

Email: jkaufman@zifkinrealty.com; Web site: www.zifkinrealty.com. For details regarding the Evanston property, contact Kyle Mayberry or Robert Melsher; 312-371-7756 or 312624-7760; Emails: kmayberry@zifkinrealty.com and rmelsher@zifkinrealty.com.

191,514 within five miles earning $59,378 as the average household income. Indianapolis – Felbram Plaza North, a 185,589 sq.ft. center located along South East Street, has an 850 sq.ft. pad site available along with a divisible space of 5,000 sq.ft. Shopper’s World anchors the center and cotenants include Dollar Tree, Rainbow, Kool Smiles PC, CiCi’s Pizza, Dollar General, RadioShack, GNC, Big Donut, Firestone and Payless ShoeSource. Area demographics include a population of 185,711 within five miles earning $55,046 as the average household income. For details, contact Nassimi Realty, LLC, 370 Seventh Avenue, Suite 1600, New York, NY 10001; 212-643-8080, Fax 212-6432626; Email: leasing@nassimirealty.com; Web site: www.nassimirealty.com.

Chicago – A former Circuit City located along West North Avenue is available. Area retail includes Michaels, Whole Foods Market, Best Buy, Binny’s, Crate & Barrel, Pottery Barn, Gap, West Elm and J. Crew. For details, contact Tyler Quast, Sarah Moberg or Tim Franz, Zifkin Realty Group, LLC, 560 West Washington Boulevard, Suite 330, Chicago, IL 60661; 312-624-7762/7784/ 7770; Emails: tquast@zifkinrealty.com, smoberg@zifkinrealty.com and tfranz@zifkinrealty.com. Waukegan – Grandview Court, located at the intersection of Grand Avenue and Green Bay Road, has spaces available from 1,000 sq.ft. to 1,107 sq.ft. Cotenants include JewelOsco, Quiznos, Baskin-Robbins, Supercuts and Zip Fitness. Area demographics include a population of 173,447 within five miles earning $71,376 as the average household income. The average daily traffic count is 34,600 vehicles. For details, contact Jaime Platt or Liz Krebs, Mid-America Asset Management, Inc., One Parkview Plaza, 9th Floor, Oakbrook Terrace, IL, 60181-4713; 630954-7223/7362, Fax 630-954-7304/7306; Emails: jplatt@midamericagrp.com and lkrebs@midamericagrp.com; Web site: www.midamericagrp.com. Wheaton – First National Plaza, situated on six acres at the intersection of Butterfield Road and Bradford Drive, has spaces available of 3,500 sq.ft. and 6,000 sq.ft. Area retail includes Jewel and Dominicks. The average daily traffic count is 46,000 vehicles. The asking rent is $14 psf with CAM of $1.15 psf and taxes of $1.75 psf. For details, contact TK & Associates Realty, 17W300 22nd Street, Oakbrook Terrace, IL 60181; 630-774-5737, Fax 630-833-4445; Email: savenok00@aol.com.

Indiana Griffith – Griffith Park, a 239,000 sq.ft. neighborhood shopping center located along West Ridge Road, has spaces available from 960 sq.ft. to 50,000 sq.ft. Kmart anchors the center and cotenants include Payless ShoeSource, Dollar Tree and Rainbow. Area demographics include a population of

Dealmakers

www.dealmakers.net

Missouri St. Louis – Manchester at McKnight, a 124,980 sq.ft. strip center, has spaces available of 1,700 sq.ft.; 3,408 sq.ft. and 12,300 sq.ft. Stein Mart and Club Fitness anchor the center. Cotenants include Starbucks, Tuesday Morning, Wendy’s, Sears, Clarkson Eyecare, Cartridge World and Bandana’s Restaurant. Area demographics include a population of 266,694 within five miles earning $84,066 as the average household income. The average daily traffic count is 30,000 vehicles. The asking rent is $20 psf with CAM of $1.25 psf and taxes of $4.66 psf. For details, contact Jennifer Heilweck, Novus Cos., 20 Allen Avenue, Suite 400, St. Louis, MO 63119; 314-9680842, Fax 314-963-0241; Email: jheilweck@novusdev.com.

New Jersey Hoboken – A 3,500 sq.ft. space located along Washington Street is available. Area retail includes Qdoba Mexican Grill, Garden of Eden Gourmet, McDonald’s and Carlo’s Bakery. Area demographics include a population of 488,307 within five miles earning $52,863 as the median household income. The asking rent is $60 psf with taxes of $6 psf. For details, contact Steven Winters, Fameco Real Estate, 555 Route 1, Suite 400, Iselin, NJ 08830; 732-526-9104; Email: swinters@famecoretail.com; Web site: www.famecoretail.com. Morristown – The Shops on the Green, a mixed-use center located at the intersection of Park Place and South Street, has spaces (continued on page twenty)

Over 6,000

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? TenantSearch 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 online 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-todate information, print letters and save searches. Get the details on over 6,000 retailers. TenantSearch provides: Contact Name for Director of Real Estate or Tenant Rep; 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 online TenantSearch users receive 5 to 25 leads daily via email. TenantSearch matches ideal tenants to your site. Simply plug in the parameters of your retail property and retail uses you desire, and within seconds you’ll have a list of prospective tenants for your location.

Call 1-800-732-5856 or visit our Web site at www.tenantsearch.com

ORDER NOW!

Fax your order to: (609-587-3511)

Mail your order to: PO Box 2630 Mercerville, NJ 08690 National Edition (approx. 6,000 leads)

 $589 (CD-ROM)  $369 (Online)  $369 (Hardcopy)  $689 (Online & CD-ROM) Regional Edition (approx. 2,500 leads per region)

 West  Midstates  East  South  $379 (CD-ROM)  $289 (Online)  $289 (Hardcopy)  $479 (Online & CD-ROM) Online Access, please provide Email address: _____________________________ Password (minimum 4 characters, case-sensitive): __________________________

QUESTIONS.... Email: ann@dealmakers.net or Call: 800-732-5856 Contact/Ship to: (TenantSearch is shipped via UPS ground at no charge) Name __________________________________________________ Company _______________________________________________ Street ___________________________________________________ City ____________________________________________________ Phone __________________________________________________ Credit Card

 Visa  Mastercard  American Express

Card #: _____________________________ Exp. Date: __________ Sec. Code: _______ Signature: ______________________________ Cardholder Name: ________________________________________

R LE

FOR

LEAS

FOR LEASE

Space Place New Jersey

(continued from page eighteen)

available from 1,600 sq.ft. to 26,000 sq.ft. Cotenants include AT&T Mobility, Roots Steakhouse, Urban Table, Qdoba Mexican Grill and Starbucks. Area retail includes Rite Aid, Chase Bank and Bank of America. For details, contact Rick Rizzuto, Cushman & Wakefield of New Jersey, 1150 Headquarters Plaza, Morristown, NJ 07960; 973-993-1200, Fax 973-292-4632; Email: rick.rizzuto@cushwake.com.

New York White Plains – The Source at White Plains, located along Maple Avenue, has a 2,500 sq.ft. space available. Area retail includes The Westchester, featuring Nordstrom and Neiman Marcus, and Galleria of White Plains, featuring Macy’s and Sears. The asking rent is $50 psf. For details, contact Adam Zeiberg or Patrick Wood, Colliers International, 1055 Washington Boulevard, Stamford, CT 06901; 203-324-0800 Ext. 597/596; Emails: adam.zeiberg@colliers.com and patrick.wood@colliers.com; Web site: www.colliers.com.

North Carolina Greenville – Portertown Crossing has spaces available from 1,600 sq.ft. to 10,000 sq.ft. along with outlots from 1.48 acres to 2.09 acres. Walmart anchors the center. Area demographics include a population of 70,044 within five miles earning $51,785 as the average household income. For details, contact Reed Brownell, Ruth Marie Milliman or Stacy Woodhouse, WRS, Inc., 1415 Stuart Engals Boulevard, Mt. Pleasant, SC 29464; 843-860-0954, 843754-7460 or 843-696-6703, Fax 843-6547889; Emails: rbrownell@wrsrealty.com, rmilliman@wrsrealty.com and swoodhouse@wrsrealty.com; Web site: www.wrsrealty.com. Salem – A 5,000 sq.ft. freestanding former Marquis Spa situated on 0.33 acres at the intersection of Commercial Street Southeast and Madrona Avenue is available. Area retail includes Fred Meyer, Starbucks, BedMart and Chase Bank. Area demographics include a population of 164,120 within five miles earning $64,182 as the average household income. The average daily traffic count is 40,000 vehicles. The asking rent is $18 psf with CAM of $2.40 psf. For details, contact Pam Rushing or Elesa Doll, Coldwell Banker Commercial, 250 page 20

January 28, 2011

The

North Carolina

Pennsylvania

Division Street Northeast, Salem, OR 97302; 503-587-4777, Fax 503-588-3514; Email: prushing@cbcre.com; Web site: www.cbcre.com.

Englewood – Northmont Plaza, a 132,000 sq.ft. center located along Taywood Road, has a divisible space of 22,000 sq.ft. available. Big Lots anchors the center and cotenants include Aldi, Goodwill Industries and Family Dollar. Area demographics include a population of 137,058 within seven miles earning $59,283 as the average household income. For details, contact Nassimi Realty, LLC, 370 Seventh Avenue, Suite 1600, New York, NY 10001; 212-643-8080, Fax 212-6432626; Email: leasing@nassimirealty.com; Web site: www.nassimirealty.com.

and 5,650 sq.ft. Giant anchors the center and cotenants include Rite Aid, A Dollar or Two, Citizens Bank, Cosa Bella Salon, Frame of Reference, Parkway Cleaners, Swedish Pastry Shop, Mike Pizza’s Shop, Bagel Bistro, Hobbytown USA, Dairy Queen, Hair Cuttery, Treasure Island Pet Shop, Nails and Beyond, Shang Hai Delight Restaurant, The UPS Store, Subway, Budget Print Center, Cartridge World, Body Zone, Wachovia Bank and Burger King. Area demographics include a population of 102,047 within five miles earning $101,774 as the average household income. The average daily traffic count is 44,276 vehicles. For details, contact David Waterman or Lance Billingsley, Brandolini Cos., 1301 Lancaster Avenue, Berwyn, PA 19312; 610640-9800, Fax 610-640-9058; Web site: www.brandolinicompanies.com.

Pennsylvania

Tennessee

Dresher – Dreshertown Plaza, a 99,312 sq.ft. center located at the intersection of Route 152/Limekiln Pike and Dreshertown Road, has spaces available of 1,900 sq.ft.; 2,500 sq.ft.; 3,248 sq.ft. and 4,050 sq.ft. George’s Shop-N-Bag anchors the center and cotenants include Saladworks, Wild Birds Unlimited, Century Nails, It’s Bagelicious, Nick’s Pizza, Rite Aid, Hallmark, STS Tire, Udder Delight Ice Cream, Gentleman’s Choice, The Eye Store, A Taste of Philly, Primo’s Hoagie, Kowloon Cleaners, Kid N’ Kaboodle, Tru-Salon, Modern Vac & Sew, Jade Garden Restaurant, West Avenue Grill Too, McDonald’s and Sovereign Bank. Area demographics include a population of 208,561 within five miles earning $72,224 as the median household income. Shillington – Shillington Shopping Center, a 74,796 sq.ft. neighborhood shopping center situated on eight acres at the intersection of Route 222/ Lancaster Avenue and Elkins Avenue, has spaces available from 1,065 sq.ft. to 7,700 sq.ft. Giant shadow-anchors the center and cotenants include Pet Supplies Plus, New China Restaurant, The Mailroom, Sherwin-Williams, Royal Bank America, Allstate Insurance, Save-A-Lot, Supercuts, H&R Block, Rosa’s Italian Restaurant and Wachovia Bank. Area demographics include a population of 173,630 within five miles earning $57,368 as the average household income. The average daily traffic count is 17,500 vehicles. West Chester – Marketplace at Westtown, a 115,064 sq.ft. center located at the intersection of Route 3 and Route 352, has spaces available of 1,600 sq.ft.; 2,400 sq.ft.; 3,132 sq.ft.; 5,600 sq.ft.

Memphis – Perkins Galleria, a 41,790 sq.ft. strip center situated on four acres at the intersection of Perkins Road and Knight Arnold Road, has spaces available of 3,979 sq.ft.; 8,500 sq.ft. and 12,500 sq.ft. La Unica, Burger King and First TN Bank anchor the center. Area retail includes Family Dollar, Save-A-Lot, Walgreens, Aaron’s, BestWay and B&B Beauty Supply. Area demographics include a population of 192,719 within five miles. The average daily traffic count is 67,000 vehicles. The asking rent is $8 psf. For details, contact Ford Beach, Beach Investment Co., PO Box 242102, Memphis, TN 38124; 901-324-3700, Fax 901-8886008; Email: fordb@testexpressinc.com.

Ohio

Dealmakers

www.dealmakers.net

Virginia Chantilly – Chantilly Crossing, located at the intersection of Lee Road and Chantilly Crossing Lane, has a 5.28-acre parcel available. Area retail includes Costco, Target, Office Depot and Starbucks. Area draws include Dulles International Airport. Area demographics include a population of 626,253 within 10 miles earning $120,704 as the average household income. The average daily traffic count is 112,000 vehicles. For details, contact John Camp, Oxford Chase Retail, 11921 Rockville Pike, Suite 103, Rockville, MD 20852; 301-255-0099 Ext. 102; Email: john.camp@oxfordchase.net; Web site: www.oxfordchase.net. Leesburg – Bellewood Commons, a 61,829 sq.ft. neighborhood shopping center located (continued on page twenty-two)

d o o g g n i k o o l s i 201 Rep ortin g The Nat ion’ s Wee kly New s on XLIII Ret ailin g & Ret ail Rea l Esta te

Volume XXV No.

Apparel Chains Exp and

May 22-25, 2011 The Dealmakers May 27th issue

distributed at RECon The Global Retail Real Estate Convention in Las Vegas, NV, delivers your advertising message to the real decision makers. Our readers respond and our advertisers get results. SET THE STAGE Book appointments in advance by placing your ad in The Dealmakers May 13th pre-show issue, telling everyone you’re ready to make deals!

November 12, 2010

Nationwide

Eileen Fisher, Inc. FEaTuRiN trades as Eileen Fisher, g Fisher Co. Store, Eileen Fisher Boutiq Eileen Jos. A. Bank Clothiers, Inc. trades as Jos. Eileen Fisher Lab ue and Bank Clothie Store at 52 locatio ICSC Southeast Confe A. rs at 494 locations ns throughout AZ, CA, CO, CT, nationwide. The rence stores, offering men’s FL, IL, MA, MD, MI, NJ, NM, of apparel, occupy New Construction NY, OR, PA, VA, spaces 4,000 sq.ft. to 4,500 WA and Washington, Century Retail is sq.ft. in lifestyle stores, offering women DC. The special developing a and ty 375,000 centers and urban/ ’s apparel, occupy sq.ft. mixed-u of 1,000 sq.ft. to downtown areas. in Avondale Estates, se project 2,500 sq.ft. in upscal spaces Growth opportunities GA........... Pg. 3 are lifestyle centers and downtown areas. e malls, major metropolitan market sought throughout Observations & Convers opportunities are s nationwide during Growth the comin ations Pg. 4 sought nationwide g 18 months. Preferr during the includ coming 18 month ed demographics Profile s. e a population For more inform Real Estate Southea miles earning $90,00 of 150,000 within five st, LLC ....... Pg. ation, contact Karen 6 0 as the average househ Eileen Fisher, Inc., Gray, income. old Two Bridge Street, The company will Buyers & Sellers Irvington, in malls NY 10533; 914-59 also consider locatin Coyote GRF|Inv 1-5700, Fax 914-59 g and factory outlet estors, LLC Web site: www.e centers 1-8900 and . ; Garrison For more inform Investm ileenfisher.com. ation, contact Joe acquired six centers ent Group Jos. A. Bank Clothie throughout Foley, AL, GA and NC ............ rs, Inc., 500 Hanov American Eagle ........... Pg. 8 Hampstead, MD er Pike, Outfitters, Inc. 21074 trades as 443-50 ; 443-508-4871, American Eagle Thalhimer is selling Fax Outfitt 8-4799; Email: an 88,298 sq.ft. center in Richmon jfoley@jos-a-bank.co nationwide and throug ers at 950 locations Web d, VA .... Pg. 15 site: www.josbank m; hout Canada and .com. Rico. The stores, Puerto Openings offerin casual apparel, footwe g men’s and women’s Pretty Urban Outfitters Girl ar and accessories, to open in Memphis, TN ............ spaces of 6,500 occupy and NY. operates 20 locations throughout sq.ft. .............. Pg. 10 NJ The stores, offerin areas. Limited growth in malls and downtown appare g discounted juniors l, occupy spaces JCPenney to open ’ opportunities are three stores of 3,500 sq.ft. to nationwide during sought sq.ft. in during 15,000 2011........................ the outlet, strip, tourist ..... Pg. 12 company also trades coming 18 months. The as well and value centers , as as Food Retailers Expand nationwide and throug aerie at 128 locations are sought urban areas. Growth opportunities LaRosa’s plans to hout Canada. The throughout AL, IL, enter offering women stores, during NJ, NY and PA market ........................ the NC ’s intimate appare the coming ............. Pg. 13 l, spaces of 4,500 18 months, with sq.ft. in malls. Limited occupy representation by Eretz, Sources of Financin Ltd. Typical leases opportunities are growth 10 years. g sought nationwide run A vanilla shell is The Washington during the cotena coming 18 month required. Preferred provided financin Trust Co. s. nts include Target g and T.J. Maxx. Major For more inform centers in MA and for shopping competitors includ RI ............... Pg. ation, contact e Rainbow Shops, 16 Cortazzo, Americ Michael and Ross CitiTrends an Dress for Less. Exclusives 150 Thorn Hill Drive, Eagle Outfitters, Inc., For more Cypress Retail Group Warrendale, PA represents 724-779-5555, Fax 15095; Eretz, Ltd., information, contact Ellaina Dreifac retailers through th h, 724-779-5580; Web out 5916 select markets in CA ............ www.ae.com and sites: 646-457-9837 18 Avenue, Brooklyn, NY 11204; .............. Pg. 16 www.aerie.com. ; Email: ellaina@eretzltd .com. In

ThIs Issue coN TaIN

(continued on page

fourteen)

s INformaTIo * Retailers opera ting 31,381 locati N oN: ons with plans * Real estate value to open 2,246 d in excess of $80 sites million to be boug * Leasing activit ht, sold & finan y on over 4.9 millio ced n sq.ft. of retail properties

Important News Please Expedite

Postmaster: Period

ical

the News Newmark Knight Cynthia Groves Frank hired managing director, as senior consulting.... Pg. 17

Lease Signings S.L. Nusbaum negotiated leases

Realty Co. throughout VA Pg. 18 Lead Sheet Card$mart seeking stores nationwide ............ .................. Pg. 19 Shoe Sensation to open locations throughout AR, IA, MI, OH, PA, TN and IL, IN, KY, WV ......... Pg. 22 Space Place ............ ................. Pg. 23 Most Valuable Players ............. Pg. 30

For more news go www.dealmakers. to: net Mobile Access Code: 111210_CS3.indd

southeastconf2010

10/22/2010 10:38:53 AM

MAKE A STATEMENT Your ad will be hand-delivered to every attendee’s hotel room and The Dealmakers May 27th show issue gets exposure on the show floor! FOLLOW UP In addition to powerhouse companies that read The Dealmakers every week, the June 10th post-show issue is mailed to attendees — giving you added exposure! Sizes Full Page 2/3 Page 1/2 Page 1/3 Page 1/4 Page Rates $1,495 $1,040 $800 $550 $475 * Prices are for black and white. Contact us for color pricing.

1/8 Page $310

Place your ad in the Pre-Show, Show and Post-Show issues and at no extra cost, receive: • Placement on THE DEALMAKERS “A” LIST • 55,000+ decision makers will be emailed • 500,000+ real estate pros view your ad at www.dealmakers.net

For More inForMation call alyson Parker at 1-800-732-5856

R LE

FOR

LEAS

FOR LEASE

Space Place Virginia

(continued from page twenty)

along East Market Street, has an 1,100 sq.ft. space available. Cotenants include Dunkin’ Donuts and Starbucks. The asking rent is $29 psf NNN. For details, contact Rich Vaaler, Sperry Van Ness, 1602 Village Market Boulevard, Suite 205, Leesburg, VA 20175; 703-7711162; Email: rich.vaaler@svn.com; Web site: www.svn-vre.com.

Washington Longview – A 7,000 sq.ft. freestanding building located along Washington Way is available. The asking rent is $9.95 psf. For details, contact Len Weiselberg, Robert Crum, Matthew Makler, Gary Shapiro or Steven Sandelman, Kin Properties, 185 Northwest Spanish River Boulevard, 1st Floor, Boca Raton, FL 33431; 888546-7767 Ext. 112/117/118/123/124; Emails: lweiselberg@kinproperties.com, rcrum@kinproperties.com, mmakler@kinproperties.com, gshapiro@kinproperties.com and ssandelman@kinproperties.com.

Wisconsin

Middleton – Parkwood Plaza, a 41,789 sq.ft. center located along University Avenue, has space available. Willy Street Coop Grocery Store anchors the center and cotenants include Blockbuster Video, Sue’s Hallmark, China Wok, Little Caesar’s, Snap Fitness, Fast Frames and The UPS Store. Area demographics include a population of 106,400 within five miles earning $82,910 as the average household income. The average daily traffic count is 25,000 vehicles. For details, contact Aaron Anding, Anding Realty, Inc., 5900 Monona Drive, PO Box 6124, Madison, WI 53716; 608221-3854, Fax 608-221-4230; Email: aaron.anding@andingrealty.com.

traffic count is 8,200 vehicles. The asking rent is $17 psf with NNN fees of $5.50 psf. Oconomowoc – Brennan’s Marketplace, a 128,000 sq.ft. mixed-use center located at the intersection of Valley Road and Highway 67, has space available. Brennan’s Market anchors the center. Area demographics include a population of 58,402 within seven miles earning $81,156 as the median household income. The average daily traffic count is 32,000 vehicles. The asking rent is $26 psf for inline spaces and $30 psf for endcap spaces, with NNN fees of $5 psf. For details regarding the Milwaukee property, contact Kevin Schmoldt or Bruce Westling, NAI MLG Commercial, 1110 North Old World Third Street, Suite 400, Milwaukee, WI 53203; 414-9089164/9162, Fax 414-347-9401; Emails: kschmoldt@mlgcommercial.com and bwestling@mlgcommercial.com; Web site: www.mlgcommercial.com. For details regarding the Oconomowoc property, contact Scott Satula or Adam Connor; 414-908-9166/9165; Emails: ssatula@mlgcommercial.com and aconnor@mlgcommercial.com. DM

Milwaukee – A 15,162 sq.ft. center located along North Farwell Avenue has a 6,513 sq.ft. former Blockbuster Video endcap available. Cotenants include Pizza Hut, Milwaukee PC, Erbert & Gerbert’s, China Wok and Ichiban Japanese Restaurant. Area demographics include a population of 371,603 within five miles earning $35,462 as the median household income. The average daily

Start your subscription to

Yes!

today!

Start my subscription right away to the only publication in the shopping center industry devoted exclusively to dealmaking in strip, power and specialty centers, as well as malls. I can use leads every week on retailers looking to lease space, buyers and sellers of retail properties, plus news on space for lease, retail chain acquisitions and mergers, who’s opening or closing stores, new retail concepts, shopping centers under construction and more.

Start my subscription immediately! Please charge my credit card or a check is enclosed

 $294 for one year

 $434 for two years  $187 for six months

Please circle appropriate card:

Mail my subscription to

Card #

Name _________________________________

_______________________________

Company ______________________________

Exp. Date ___________ Sec. Code ___________

Address _______________________________

Signature _______________________________

City ___________________________________ State _____________

What you’ve missed in the last 47 issues

• 2,300,000 locations of retailers with plans to open 150,000 sites • $27 billion to be bought, sold and financed • Leasing activity on over 600 million sq.ft. of retail property

Zip ________________

Phone __________________________________ Fax ____________________________________ Email __________________________________

Expedite your order by faxing the completed form to 609-587-3511 P.O. Box 2630 | Mercerville, NJ 08690 | 800-732-5856 or 609-587-6200 | Fax 609-587-3511 | www.dealmakers.net page 22

January 28, 2011

The

Dealmakers

www.dealmakers.net

IS YOUR REAL ESTATE WORKING...

against

You

For

You

At DJM Realty, we help our clients reduce their real estate exposure by disposing of under-performing leases and fee-owned real estate and renegotiating occupancy costs. We also put our own capital to work to create strategic solutions. Facilitating growth

cutting occupancy costs

Eliminating surplus rEal EstatE

rEsolving warEhousE & oFFicE issuEs

Assisted in aggressive growth strategy by facilitating the acquisition of a significant number of retail leases throughout the U.S.

Disposition and lease renewals.

Disposition of locations nationally.

Relocated Utah manufacturing plant to a new 400,000 sq. ft. facility in CA and subleased a facility in TX on behalf of ICON.

Joint venture with Tractor Supply to purchase all assets and real estate of Quality Stores.

Engaged to restructure entire real estate portfolio including terminations and rent reductions.

Ongoing disposition advisor; sold, subleased or terminated leases.

Disposition project of 5 warehouse and industrial facilities totalling approx. 2 million sq. ft.

Joint venture with Rainbow Apparel to purchase Norstan locations.

Disposition and rent reductions of locations nationally.

Sold or subleased properties.

Disposition of 800,000 sq. ft. grocery distribution center, 3 warehouse facilities and 1 reclaim center.

Purchased supermarket chain on behalf of Hannaford; then disposed of all the assets and leased the locations to Hannaford.

A comprehensive real estate portfolio review with store closings, lease restructuring, rent reductions and lease renewals.

Disposition of locations nationally.

w w w. d j m r e a l t y. c o m Andy Graiser agraiser@djmrealty.com

Emilio Amendola eamendola@djmrealty.com

Mike Matlat mmatlat@djmrealty.com

631.752.1100

Peter Lynch plynch@djmrealty.com

Joe Dimitrio jdimitrio@djmrealty.com

Disposition of 3 warehouse distribution centers totaling 800,000 sq. ft. in 3 states.

Michael Jerbich mjerbich@djmrealty.com

Andy Couch acouch@djmrealty.com

James Avallone javallone@djmrealty.com

Fred Burstein fburstein@djmrealty.com