Dealmakers Magazine | January 28, 2011

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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


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Dealmakers Magazine | January 28, 2011 by The Dealmakers Magazine - Issuu