Dealmakers Magazine | January 30 2009

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

Volume XXIV No. IV

January 30, 2009

Home-Related Chains Expand Nationwide Tuesday Morning, Inc. trades as Tuesday Morning at 854 locations nationwide. The stores, offering rugs, lamps, books, luggage, china, toys, bed and bath accessories, holiday decorations and accessories, garden accessories, stationery, women’s accessories, dinnerware and fine art and frames, occupy spaces of 8,000 sq.ft. in entertainment, lifestyle, power, strip, tourist and value centers, malls, freestanding locations and urban/downtown locations.

Growth opportunities are sought throughout the existing market during the coming 18 months.

Typical leases run five years with two, five-year options. A vanilla shell is required. Preferred demographics include a population of 100,000 within a five-mile radius.

For more information, contact Melissa Dean, Tuesday Morning, Inc., 6250 LBJ Freeway, Dallas, TX 75240; 972-387-3562, Fax 972-7885308; Email: mdean@tuesdaymorning.com; Web site: www.tuesdaymorning.com.

HQ Home & Office operates five locations throughout upstate NY and PA. The furniture stores occupy spaces from 6,000 sq.ft. to 8,000 sq.ft. in endcap and inline spaces of shopping centers. Limited growth opportunities are sought throughout the existing markets during the coming 18 months, with representation by Julius M. Feinblum Real Estate, Inc. For more information, contact Jeff Haas, Julius M. Feinblum Real Estate, Inc., 25 Fairchild Avenue, Suite 500, Plainview, NY 11803; 516844-8890, Fax 516-844-8895.

Factory Mattress Direct operates 12 locations throughout TX. The bedding stores occupy spaces of 4,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run 10 years with options. A vanilla shell is required. Preferred demographics include a population of 20,000 within a five-mile radius earning $60,000 as the average household income.

For more information, contact Steve Frey, Factory Mattress Direct, 8409 North Lamar, Austin, TX 78753; 512-834-6464, Fax 512-8348952; Email: stephenaustinfrey@yahoo.com; Web site: www.factorymattresssales.com.

Ace Hardware operates 5,000 locations nationwide and internationally. The home improvement stores, offering hardware, tools, housewares, lawn and garden products and electrical and plumbing supplies, occupy spaces from 6,000 sq.ft. to 25,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the five boroughs of New York, NY as well as Long Island during the coming 18 months, with representation by Schuckman Realty, Inc. For more information, contact Ari Malul, Schuckman Realty, Inc., 7600 Jericho Turnpike, Woodbury, NY 11797; 516-496-8888, Fax 516496-8905; Email: arim@schuckmanrealty.com; Web site: www.schuckmanrealty.com. (continued on page nine)

This issue contains information on:

* Retailers operating 28,011 locations with plans to open 2,131 sites * Real estate valued in excess of $90.72 million to be bought, sold & financed * Leasing activity on over 7.18 million sq.ft. of retail properties

Important News Please Expedite

Postmaster: Periodical

Featuring ICSC Gulf South Idea Exchange Buyers & Sellers Calkain Cos., Inc. is selling Advance Auto sites throughout IN, KY, MO, OH and TX....... Pg. 3 Coastal Equities looks to acquire shopping centers throughout FL, GA, KY, OH, IL, NC, NY, SC, TN, TX and VA.................. Pg. 10 Observations & Conversations Pg. 4 New Construction Stanbery Development, LLC is preleasing a center located in Hamilton, NJ..................... Pg. 6 Openings Biggby Coffee looks to open sites nationwide..................... Pg. 7 Dick’s Sporting Goods is slated to open its second location in Huntsville, AL...... Pg. 10 Lease Signings CB Richard Ellis negotiated a lease with American Theater in Orlando, FL....................... Pg. 9 Lead Sheet Polk’s Discount Drug looks for sites throughout LA and MS..... Pg. 11 Goin’ Postal looks for sites nationwide............................ Pg. 13 Bankruptcies & Closings Kira Plastinina shutters its U.S. operations............................. Pg. 14 Food Retailers Expand Popeye’s Chicken & Biscuits looks for sites nationwide...... Pg. 14 Space Place........................... Pg. 15

For more news go to: www.dealmakers.net

Location is everything.

Oak Ridge Shopping Center

N OW

Oak Ridge, Tennessee

Shops of Lake Tuscaloosa Tuscaloosa, Alabama

LEASING

West Hills Plaza

Midfield, Alabama

AVAILABLE

Cherry Tree Plaza

Washington, Indiana

Northport Corners Northport, Alabama

Pelham Towne Center

RETAIL

SPACES

Pelham, Alabama

Southland Village Troy, Alabama

Madison Crossings

Madison, Georgia

Jasper Mall

Jasper, Alabama

Sharp Realty is now leasing available spaces in prominent places.

Join major retailers like Publix, Belk, Staples, Peebles, JCPenny, Orscheln’s Farm & Home, JayC Foods (a Kroger Company), Sears and Kmart in shopping centers across the Southeast and Midwest.

Put your company in the best company.

Call Sharp Today!

Contact Jeff Werszner

(866) 870-1995 Ext. 8 www.sharprealty.com

Realty & Management LLC 400 Union Hill, Suite 300 BIrmingham, AL 35209

Sharp Realty & Management offers property management, leasing and retail development services in the Southeast and Midwest.

Buyers and Sellers Holliday Fenoglio Fowler, LP is selling a 48,835 sq.ft. Whole Foods Market site located along Ogden Avenue in Hinsdale, IL. Area demographics include a population of 83,828 within a three-mile radius earning an average household income of $159,186.

The tenant is bound to a lease set to expire during 2024.

For more information, contact Janice E. Sellis or Kenneth J. Glomb, Holliday Fenoglio Fowler, LP, 200 West Madison, Suite 3650, Chicago, IL 60606; 312-5283681/3689; Emails: jsellis@hfflp.com and kglomb@hfflp.com; Web site: www.hfflp.com.

President/Publisher.............................. Ann O'Neal ann@dealmakers.net Vice President .................................. Alyson Parker alyson@dealmakers.net Art Director................................. Anthony Pingicer anthony@dealmakers.net Editor.................................................. Erin Dunkley erin@dealmakers.net Editor............................................ Nicholas Hamner nicks@dealmakers.net Editor............................................... Adam Taliercio adamt@dealmakers.net Advertising Exec...................... Monica Carpenter monica@dealmakers.net Director of Circulation..................... Jane Winterle jane@dealmakers.net Advertising Coordinator............ Stephani Hamner stephani@dealmakers.net Founder................................................... Ted Kraus 1979–2007

The Dealmakers TM (ISSN 1055-0771) is published weekly except for the weeks of January 1st, July 4th, the ICSC's Spring and Fall Conventions and December 25th for $294 per year U.S., foreign $319 by TKO Real Estate Advisory Group Inc. PO Box 2630 Mercerville, NJ 08690-0630.

The Dealmakers TM reports on over 20,000 retailers, developers and management companies every year. It is written by real estate professionals for real estate professionals.

The newsletter keeps readers abreast of the latest leasing, development and management changes occurring in the real estate industry on a weekly basis. NOTE: Current federal law requires written consent from a company prior to utilizing the published fax number.

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Affiliated with Tenant Search, E.S.P., Properties by Fax Copyright 2009 by TKO Real Estate Advisory Group Inc. 609-587-6200, fax 609-587-3511.

Calkain Cos., Inc. is selling 7,000 sq.ft.

Advance Auto properties throughout IN, KY, MO, OH and TX. The company is selling a site located in Bedford, IN. The tenant is bound to a NNN lease set to expire during March 2022 featuring three, five-year options and 5% rent escalations through the final five years of the original lease terms and the options. The NOI is $106,567 and the asking price is $1.366 million at a Cap rate of 7.8%.

The company is also selling a site located in Fort Wayne, IN. The tenant is bound to a NNN lease set to expire during February 2022 featuring three, five-year options and 5% rent escalations through the options.

The NOI is $105,640 and the asking price is $1.354 million at a Cap rate of 7.8%.

The company is also selling a site located in Carrollton, KY. The tenant is bound to a NNN lease set to expire during December 2022 featuring three, five-year options and 5% rent escalations through the options. The NOI is $88,673 and the asking price is $1.136 million at a Cap rate of 7.8%. The company is also selling a site located in St. Peters, MO. The tenant is bound to a NNN lease set to expire during May 2022 featuring three, fiveyear options and 5% rent escalations through the options. The NOI is $135,000 and the asking price is $1.73 million at a Cap rate of 7.8%. The company is also selling a site located in Bethel, OH. The tenant is bound to a NNN lease set to expire during June 2023 featuring three, five-year options and 5% rent escalations through the options. The NOI is $114,598 and the asking price is $1.469 million at a Cap rate of 7.8%. The company is also selling a site located in Ironton, OH. The tenant is bound to a NNN lease set to expire during April 2022 featuring three, five-year options and 5% rent escalations through the options. The NOI is $129,115 and the asking price is $1.655 million at a Cap rate of 7.8%.

The company is also selling a site located in Baytown, TX. The tenant is bound to a NNN lease set to expire during May 2023 featuring three, five-year options and 5% rent escalations through the options. The NOI is $125,477 and the asking price is $1.609 million at a Cap rate of 7.8%. The company is also selling a site located in Channelview, TX. The tenant is bound to a NNN lease set to expire during January 2022 featuring three, five-year options and 5% rent escalations through the options. The NOI is $134,842 and the asking price is $1.729 million at a Cap rate of 7.8%. The company is also selling a site located in Friendswood, TX. The tenant is bound to a NNN lease set to expire during December 2022 featuring three, fiveyear options and 5% rent escalations through the options. The NOI is $123,942 and the asking price is $1.589 million at a Cap rate www.dealmakers.net

The

of 7.8%. The company is also selling a site located in Houston, TX. The tenant is bound to a NNN lease set to expire during February 2022 featuring three, five-year options and 5% rent escalations through the options.

The NOI is $120,000 and the asking price is $1.538 million at a Cap rate of 7.8%.

For more information, contact Calkain Cos., Inc., 11150 Sunset Hills Road, Suite 300, Reston, VA 20190; 703-787-4714, Fax 7030787-4783; Web site: www.calkain.com.

Southern Management & Development, LP is selling a 3,200 sq.ft. AMSCOT Financial location situated on 0.62 acres at Pinar Plaza, a 77,031 sq.ft. center located along Goldenrod Road in Orlando, FL. The tenant is bound to a 15-year lease begun during 2007. Area retail includes Winn-Dixie Marketplace and Aaron Rents. The NOI is $133,838. The asking price is $1.339 million at a 10% Cap rate.

For more information, contact Richard Drennan, Southern Management & Development, LP, 925 South Federal Highway, Suite 425, Boca Raton, FL 33432; 561-948-7110, Fax 561-948-7120; Email: sales@smdproperty.com.

The Krauss Organization, on behalf of a client, is looking to acquire A and B shopping centers located throughout FL, GA, KY, OH, IL, NC, NY, SC, TN, TX and VA. Suitable properties are located near a major metropolitan area and are priced between $2.5 million and $8 million with a Cap rate above 8%. Suitable properties feature a mix of regional or national and local tenants, a total tenant count between five and 20 and area demographics including a population within a one-mile radius earning an average household income of $65,000.

For more information, contact Steve Olson, The Krauss Organization; 813-885-5656, Fax 813-2812356; Email: solson@thekraussorg.com.

Stan Johnson Co. is selling a 13,013 sq.ft.

CVS situated on 1.53 acres along Wallisville Road in Houston, TX. The tenant is bound to a 20 year NNN lease featuring seven, five-year options. Area retail includes Bank of America, Wal*Mart and Lowe’s Home Improvement along with proposed JCPenney, Best Buy, Staples, Party City, Marshalls and dressbarn locations. The average daily traffic count is 72,000 vehicles. The asking price is $5.505 million at a Cap rate of 6.85%.

For more information, contact Hunter Jaggard, Stan Johnson Co., 10777 Westheimer Road, Suite 1100, Houston, TX 77042; 713-267-9336, Fax 713-260-9602; Email: hjaggard@stanjohnsonco.com; Web site: www.stanjohnsonco.com.

Dealmakers

(continued on page eight) January 30, 2009

page 3

Observations & Conversations Everybody is renegotiating everything, from brokerage commissions to the cost of light bulbs in the parking lot.

I’ve heard 2008 referred to as “the year we went broke” and that 2009 will be a “cleansing period.” Neither scenario sounds appetizing, but the good news is that we survived 2008. Let’s hope that most of us are still in business by the end of 2009. The rumor mill is flying with predictions about which chains will bite the dust this year. It’s almost like a death watch, just waiting for the next news flash on which retailer is closing stores. I’ve heard predictions that up to 25% of the stores operating in the U.S. today will no longer be operating by the end of 2010. I don’t think it will get that bad, but I do think we’re in for some really tough times.

Santa didn’t go shopping this past Christmas season, with a number of chains actually doing less business in December than they did in the month prior. The regional department store chains are having the most trouble. I have a feeling there are some mom and pop stores that have more cash on hand than several of the regional department stores. It’s hitting the fan from coast-to-coast and at all points in between. Gottschalks keeps on ringing the OMG meter on the west coast with its recent bankruptcy filing and in the southeast Goody’s is sending some landlords into a tailspin with its liquidation and in the northeast, the chatter is about Boscov’s and Bon-Ton. Here’s just a sampling on the post-Christmas store closings that I’ve come across; Blue Tulip, a 24-unit chain of upscale stationary and gift shops, recently closed all of its stores.

KB Toys is liquidating its 460 stores. On a national front, Macy’s is closing a few stores. Oneida, a housewares manufacturer, is closing its remaining 20 stores. New York & Co., a chain of junior apparel stores, is closing 50 stores after its stock value tumbled by 60% last year. Penn Traffic, a chain of supermarkets, is closing eight locations. Cost Plus World is shuttering 26 stores. Supervalu is closing 50 supermarkets. Sears is expecting to pare down its store count by estimates of 200 to 300 locations. Ruby Tuesday is closing 70 restaurants. Shane Co., a 24-unit jewelry store chain filed Chapter 11, as did Against All Odds USA an urban-apparel chain with 64 stores. The Gap is expected to close about 115 stores. Claires is closing 119 stores. Hate to say it, but I think this list just the tip of the iceberg.

Most of the REITs are hemorrhaging, but a few such as Urdstat Biddle are still acquiring centers. Some of the largest powerhouse companies in our industry, i.e. General Growth, Simon, DDR, and etc. have lost their luster on Wall Street and are strapped for cash.

Every landlord I know is getting calls from tenants asking for rent reductions. Most of them are listening and asking a lot of questions and really looking at the retailer’s balance sheet, in an attempt to make an educated guess on what’s a fair reduction. Some of them know they have no choice, especially when they’ve got a tenant that’s had their credit line yanked or their loans called. Everybody is renegotiating everything, from brokerage commissions to the cost of light bulbs in the parking lot. Yeah, I know the facts are depressing, and we’ve been in better moods at funerals. page 4

January 30, 2009

The

Dealmakers

Even though the economy is in the crapper, there still are deals getting done - not many. Of course, the retailers are using the hard times to their advantage to negotiate favorable rents, but better a slim return than none. One retailer I talked to has about 300 stores up for renewal in the next two years and they are being ruthless in renegotiating the renewals and taking a hard look at which stores they want to close if they can’t adjust the rent. Most landlords are spending huge chunks of their day just trying to keep the tenants they’ve got rather than focusing on their existing vacancies. The landlords that bought property in the past two years or so are the ones that can’t afford to pay the mortgage and give rent reductions.

I don’t think this is the right time for landlords to play hardball with their tenants, at least not until we start to see an upward shift in consumer spending. My gut says that’s going to take a while.

When people’s 401Ks are half of value they were a year ago, their house isn’t worth what they paid for it, and jobless claims are at record-breaking levels, they tend not to shop. Unfortunately, we have a lot of obstacles to overcome before the economy starts moving in a better direction. For the time being, the old rules no longer apply.

To follow upon the ICSC’s convention in New York - it was quiet for the NY show, but not comatose. There was plenty of elbow room on the show floor and not many retailers walking around.

You didn’t have to stand in line for too long to get a drink at the ICSC’s cocktail party and a lot of the private parties were cancelled.

I think most of the folks looked dazed and confused; they were still assimilating the financial meltdown and I don’t think their moods have probably changed with the continued onslaught of bad news in the past few weeks. Some of the old timers that I spoke to at the show were shaking their heads and the consensus was that there was such a barrage of financial bleeding from so many different business sectors that a recovery will be long and difficult. My hunch is that one out of four people walking the show floor had a resume in their pocket. Just a few weeks before the show, a number of companies had layoffs in their leasing departments. The mood was somber, but there wasn’t a panic in the air despite the speech given by Howard Davidowtz at the opening of the show. Howard is a consultant and his expertise is crisis management for retailers and after listening to him I thought the whole crowd was going to drink the Koolaid. Considering the dismal times, the show was still the best event I’ve been to since the Vegas convention. Alyson just got back from the ICSC show in Phoenix and she felt the mood there was quiet too. These are trying times and everyone is feeling the pinch. We just have to hang on tight until the recovery sets in.

Make sure you stop by and see us at the upcoming ICSC shows in San Juan, New Orleans, Washington, DC and Chicago. And in the meantime, keep your head up, it’s just a matter of time until things get better.

www.dealmakers.net

Ann O’Neal, Publisher

Village aurora Shopping Center

General DeGaulle & Holiday Drive New Orleans, Louisiana

Underserved demographic of choice • A uent neighborhood residents currently drive over 10 miles to reach major retail centers.

• The entire Westbank has only one other theater location.

• Exclusive neighborhoods such as the golf community of English Turn, Lakewood Country Club, Park Timber, and Tall Timbers surround the property.

Flexibility of available space • The redeveloped center will be approximately 250,000 square feet.

• Currently available space includes: new junior anchor, new small shops, a former restaurant outparcel, new restaurant spaces adjacent to theater entrance, renovated small shops, and an undeveloped outparcel.

Significant area redevelopment momentum • Oakwood Center has completed a $95-million overhaul.

• Lakewood Country Club is undergoing a $250-million redevelopment.

• Federal City has broken ground promising between 2,200 – 4,500 jobs in the near term.

Traffic Counts 50,000 ADT at the intersection of General DeGaulle Drive & Holiday Drive Tenants • Winn-Dixie Supermarket, Walgreens, Blockbuster, and Piccadilly Cafeteria • New 14 screen Megaplex Theater Opening Date Spring 2010

pleaSe ContaCt:

Kevin Kush kevin@pmat.net 615-504-7445

New Construction Stoltz is redeveloping Springhouse Village Center, a 132,082 sq.ft. mixed-use center located along Bethlehem Pike in Springhouse, PA. Spaces of 1,500 sq.ft. to 84,000 sq.ft. are available in addition to a 3,920 sq.ft. endcap.

The center is anchored by Giant and cotenants include Beneficial Bank, Complexions, Starbucks, Cold Stone Creamery, Arpeggio Restaurant and Glam Hair Studio. Area retail includes Banana Republic, Ann Taylor, J. Jill, Chico’s, Aerosoles and Trade Secrets. Area demographics include a population of 43,632 within a three-mile radius earning an average household income of $110,990. The company is also preleasing The Shops at Brandywine Valley, a 364,000 sq.ft. lifestyle center located at the intersection of Route 202/Concord Pike and Route 92/Naamans Road in Wilmington, DE. Area retail includes Barnes & Noble, Best Buy, Concord Mall and Brandywine Towne Center. Area demographics include a population of 41,167 within a three-mile radius earning an average household income of $92,337. The average daily traffic count is 65,736 vehicles. The center is slated to open during the fall of 2010. The company is also preleasing Cheyenne Market Square, a 37,728 sq.ft. center located at the intersection of Cheyenne Avenue and Martin Luther King Boulevard in North Las Vegas, NV. Spaces of 1,200 sq.ft. to 16,000 sq.ft. are available along with pad sites of 3,200 sq.ft. and 4,500 sq.ft.

Fresh & Easy Neighborhood Market anchors the center. Area demographics include a population of 141,015 within a three-mile radius earning an average household income of $55,394. The average daily traffic count is 75,000 vehicles. The company is also redeveloping Shoppes at Wayne, a 15,340 sq.ft. center located along Aberdeen Avenue in Wayne, PA. Area demographics include a population of 132,465 within a five-mile radius earning an average household income of $114,771. The average daily traffic count is 50,000 vehicles. The company is also developing The Shops at University, a 15,000 sq.ft. center located along East Main Street in Carbondale, IL. Area retail includes University Mall, Wal*Mart Supercenter, Pier 1 Imports, Kohl’s, Kroger, Shoe Carnival, Jo-Ann Fabrics, Barnes & Noble, Best Buy, Lowe’s Home Improvement, Hobby Lobby, Bed Bath & Beyond, Old Navy, Office Depot and Panera Bread. Area draws include Southern Illinois University. Area demographics include a population of 218,095 within a 30-mile radius earning an average household income of $44,050. The average daily traffic count is 27,000 vehicles.

For more information regarding Springhouse Village Center, The Shops at Brandywine Valley and Shoppes at Wayne, contact Gloria Mercado, Stoltz, 725 page 6

January 30, 2009

The

Conshohocken State Road, Bala Cynwyd, PA 19004; 610-667-5800 or 888-7773557 Ext. 155, Fax 610-664-1976; Email: gmercado@stoltzusa.com; Web site: www.stoltzusa.com. For more information regarding Cheyenne Market Square, contact Joseph S. Soussana; 847-966-9240; Email: jsoussana@stoltzusa.com. For more information regarding The Shops at University, contact Barbara J. Sacks; 888-777-3557 Ext. 204; Email: bsackse@stoltzusa.com.

Stanbery Development, LLC is preleasing The Shoppes at Hamilton, a 155,000 sq.ft. shopping center situated on 25.06 acres along State Route 130 in Hamilton, NJ. Cotenants include Banana Republic, Coldwater Creek, Chico’s, White House|Black Market, New York & Co., Icing, Justice, Gymboree, Ann Taylor Loft, Jos. A. Bank, The Children’s Place, Starbucks, Lane Bryant and Bensi Ristorante Italiano. Area retail includes Barnes & Noble, Lowe’s Home Improvement, Home Depot, Wal*Mart, BJ’s Wholesale Club, Michaels, Panera Bread, ShopRite and a proposed Target. Area demographics include a population of 144,372 within a fivemile radius earning an average household income of $89,962.

For more information, contact Ray Brunt, Kathy Sawin or Charles Cristella, Stanbery Development, LLC, 328 Civic Center Drive, Columbus, OH 43215; 732-223-0257, 610-658-9090 or 856988-1771, Fax 614-437-8101; Emails: rbrunt@stanbery.com, ksawin@stanbery.com and ccristella@stanbery.com; Web site: www.stanbery.com.

Garden Commercial Properties is preleasing a 145,000 sq.ft. development located at the intersection of State Route 33 and Butcher Road in Monroe Township, NJ. Area demographics include a population of 102,835 within a seven-mile radius earning an average household income of $94,409.

The company is also preleasing the second phase of Vineyard Square, a 183,000 sq.ft. located at the intersection of Vineyard Road and State Route 27 in Edison, NJ. The center is anchored by Wal*Mart and shadowanchored by Costco. Area demographics include a population of 278,570 within a fivemile radius earning an average household income of $89,034.

For more information, contact Garden Commercial Properties, 820 Morris Turnpike, Short Hills, NJ 07078; 973-467-5000, Fax 973467-3480; Email: retail@gardenhomes.com; Web site: www.gardencommercial.com. For additional information regarding Vineyard Square, contact Michael Gartenberg; 973467-5000 Ext. 200.

Dealmakers

www.dealmakers.net

Silbert Realty & Management Co., Inc. is preleasing the 40,000 sq.ft. retail component of the second phase of Englewood South, a mixed-use center located along NJ State Highway Route 4 in Englewood, NJ. Area demographics include a population of 185,063 within a three-mile radius earning an average household income of $98,119.

The retail component is slated to open during the summer.

For more information, contact Brian S. Silbert or Kathleen DiMaria, Silbert Realty & Management Co., Inc., 85A Division Avenue, PO Box 406, Millington, NJ 07946; 908-604-6900, Fax 908-604-2030; Email: info@silbertrealestate.com; Web site: www.silbertrealestate.com.

Winick Realty Group, LLC is preleasing The Shops at One Brooklyn Bridge Park, a 71,038 sq.ft. mixed-use center located at the intersection of Joralemon Street, Furman Street and Park Drive in Brooklyn, NY. Spaces of 800 sq.ft. to 30,000 sq.ft. are available throughout the center’s ground floor, second floor and lower level.

For more information, contact Diana D. Boutross or Lee A. Block, Winick Realty Group, LLC, 655 Third Avenue, 8th Floor, New York, NY 10017; 212-792-2600, Fax 212-792-2660; Emails: diana@winick.com and lee@winick.com; Web site: www.winick.com.

The Goldstein Group is preleasing River Edge Town Center, a 62,000 sq.ft. community center located at the intersection of Main Street and Route 4 in River Edge, NJ. A divisible 40,000 sq.ft. space is available. Area retail includes Kohl’s, Toys “R” Us, Wine Country, Thomasville Furniture, The Shops at Riverside, 6th Avenue Electronics, Macy’s Furniture and Staples. Area demographics include a population of 469,339 within a fivemile radius earning an average household income of $98,606. The center is slated to open later this year.

For more information, contact Chuck Lanyard or Lew Finkelstein, The Goldstein Group, 45 Eisenhower Drive, Paramus, NJ 07652; 201-703-9700 Ext. 15/22, Fax 201-703-9678; Emails: clanyard@thegoldsteingroup.com and lfinkelstein@thegoldsteingroup.com; Web D M site: www.thegoldsteingroup.com.

Visit us online at

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Who’s Opening and Where Sears, Roebuck & Co. (847-286-2500) is slated to open Sears Home Appliance Showroom locations in Greenbelt, Stafford and Woodbridge, VA this month. The company recently opened a 5,300 sq.ft. location at a former Hollywood Video site located along 40th Street Northwest in Tenleytown, Washington, DC. The stores feature appliances from 14 major labels including Kenmore, Bosch, Maytag and GE Profile, “solution centers” that allow customers to plan room layouts and a children’s play area. The Tenleytown location marks the company’s return to the Washington, DC market after a 16-year absence. The company currently operates 37 Sears Home Appliance Showrooms nationwide.

Dunkin’ Brands, Inc. (781-737-3000), through franchisee USA Restaurant Developers, is slated to open Dunkin’ Donuts locations throughout central OH this year.

The company plans to open a location at the intersection of Broad Street and High Street in Columbus by the end of this month and a location along Bethel Road in Columbus by the end of February, and recently opened a location along Route 23 North in Worthington. Through another franchisee, Caffeol, Ltd., the company plans to open two Columbus, OH locations this year as part of a plan to open 20 units throughout the area during the coming six years. The company is slated to open 60 locations throughout central OH during the coming seven years.

Apple, Inc. (408-996-1010) is slated to open 11 Apple stores during the first half of this year, including locations in Little Rock, AR; Scottsdale, AZ; Temecula, CA; St. Paul, MN and Greensboro, NC in addition to Australia, China, Switzerland and the United Kingdom, as part of a plan to open as many as 36 locations this year. The company opened 47 stores, selling EXP_AD_5023_dealmaker1208.qxd:Layout Apple computers, electronic devices and accessories, during 2008.

Office Depot, Inc. (561-438-4800) has delayed its opening of an Office Depot location at Corsicana Crossings, a retail center located in Corsicana, TX, until April.

The company also reduced its planned openings for this year from 40 to 20 units.

The company currently operates 1,275 units nationwide and will close 126 stores before year’s end along with six of its 33 1 12/10/08 9:32 AM Page 1 distribution centers, predominantly in the Midwest and Northeast.

Argo Tea, Inc. (312-873-4123) looks to expand its Argo Tea cafés into the New York, NY metropolitan area this year. The company recently opened a location in O’Hare International Airport in Chicago, IL. The company currently operates 13 locations throughout the Chicago, IL metropolitan area.

Biggby Coffee (517-482-8145) plans to open locations nationwide this year as part of projections to double its store count every two years and operate 384 units by 2011.

The company opened 26 coffee shops during 2008 and currently operates 109 units nationwide.

IKEA U.S., Inc. (610-834-0180) is slated to open IKEA locations in Charlotte, NC during February and Tampa, FL during the summer, in addition to locations in Centennial, CO and Somerville, MA. The Tampa location will feature a 353,000 sq.ft. floor plan offering 10,000 exclusive furniture and home accessory items, three model homes, 50 room settings and a 350-seat restaurant serving Swedish and American dishes. The company currently operates 290 units throughout 36 countries, including 35 units nationwide. (continued on page ten)

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January 30, 2009

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Buyers and Sellers (continued from page three)

Marcus & Millichap Real Estate Investment Services negotiated the sale of a mixed-use center comprised of a ten-unit multifamily building and a five-unit mixed-use building located along Pine Street in Philadelphia, PA. The company represented the buyer and the seller in the transaction, valued at $1.49 million at a Cap rate of 4.5%. The buyer plans to renovate the center. The company also negotiated the sale of an 11,180 sq.ft. Rite Aid site located at the intersection of Nutt Road and Kimberton Road in Phoenixville, PA. The tenant is bound to a 20-year NN lease. The company represented the buyer and the seller in this transaction, valued at $5.55 million at a Cap rate of 7.9%, with the buyer acquiring the center as part of a 1031 transaction.

For more information, contact Spencer Yablon, Marcus & Millichap Real Estate Investment Services, 1628 John F. Kennedy Boulevard, Suite 1200, 8 Penn Center, Philadelphia, PA 19103; 215531-7000, Fax 215-531-7010; Web site: www.marcusmillichap.com.

CB Richard Ellis Portfolio Services is selling a 31.51-acre parcel located along Fruitville Road in Sarasota, FL. Area retail includes Publix, Movie

Gallery, Subway, Bank of America, Beall’s Outlet, CVS, Sabal Bank, Taco Bell, Target, RBC Centura Bank, Applebee’s, McDonald’s, Dollar Tree, World Savings Bank, Blockbuster Video, Winn-Dixie, Sam’s Club, Landmark Bank of FL, Burger King and RJ Gator Seagrill & Bar. Area demographics include a population of 41,398 within a three-mile radius earning a median household income of $55,688. The average daily traffic count is 50,000 vehicles. The asking price is $20.75 million. The company is also selling a 27.33-acre parcel located along Gandy Boulevard North and a 75.28-acre preservation tract located along 62nd Avenue Northeast in St. Petersburg, FL. Area demographics include a population of 52,401 within a three-mile radius earning a median household income of $43,023. The properties are sold as a portfolio, and the asking price for the development parcel is $14 million. The company is also selling a 32.47-acre parcel located along Peachtree Parkway in Suwanee, GA. Area retail includes Target, Office Depot, Bed Bath & Beyond, Walgreens, Home Depot, Pop’s!, Bank of America, Iron State Bank and Publix. Area demographics include a population of 49,190 within a three-mile radius earning a median household income of $122,490. The asking price is $12.8 million. The company is also

RE AL ES TATE

selling a JPMorgan Chase Bank site located at the intersection of Rockville Road and Avon Village Parkway in Avon, IN. The tenant is bound to a 20-year ground lease begun during August 2008 with six, five-year options and 10% rent escalations every five years beginning during year 11. The asking price is $2.455 million at a Cap rate of 5.6%. The company is also selling a 26.65-acre parcel located at the intersection of Rock Quarry Road and Sunnybrook Road in Raleigh, NC. Area demographics include a population of 48,704 within a three-mile radius earning a median household income of $37,769. The asking price is $5.9 million. The company is also selling a 4.249-acre parcel located along Pyramid Way in Sparks, NV. Area retail includes Scolari’s Food & Drug and True Value. Area demographics include a population of 103,357 within a three-mile radius earning a median household income of $44,818. The asking price is $3.7 million.

For more information, contact Donna Kolius, Pierce Owens, Cody Persyn or Jeremy Richmond, CB Richard Ellis Portfolio Services, 2800 Post Oak Boulevard, Suite 2300, Houston, TX 77056; 877-845-3443; Web sites: www.cbre.com/portfolioservices and www.cbre.com/walmartland. (continued on page ten)

S O U T H E A S T LLC

www.realestatesoutheast.com harrison paragould

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p.o. box 681955 | prattville, al 36068 | phone: 1-866-283-5516 | fax: 334-491-6210 page 8

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Lease Signings Arizona Retail Advisors, LLC (602-4760700) negotiated a five-year lease with Phoenix Yamaha Music Center for 2,784 sq.ft. at Fountain Square, located at the intersection of 7th Street and Bell Road in Phoenix, AZ. The company represented the landlord, Lakha Properties – Phoenix, Ltd., in the transaction.

Ludwig and Seeley, Inc. Real Estate (248750-1700) negotiated a lease with Sahara Mediterranean Grill for 2,773 sq.ft. at Shelby Town Center, located at the intersection of Hall Road and Market Street in Ann Arbor, MI. The company represented both the landlord and the tenant in the transaction.

The company also negotiated a lease with Great Lakes Cycle for 11,786 sq.ft. on West Stadium in Ann Arbor, MI. The company represented the landlord in the transaction.

The company also negotiated a five-year lease with Allstate Insurance for 1,071 sq.ft. on Walton Boulevard in Rochester Hills, MI. the company represented the landlord in the transaction. The company also negotiated a lease with Baskin Robbins for 1,200 sq.ft. at Sugar Tree Square, located on Orchard Lake Road in West Bloomfield, MI. The company represented the tenant.

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

Select Comfort Retail Corp. trades as Sleep Number By Select Comfort at 465 locations nationwide. The stores, offering air controlled, adjustable-firmness mattresses, occupy spaces of 1,600 sq.ft. to 2,500 sq.ft. in entertainment, lifestyle and specialty centers, as well as malls. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run five years. Preferred cotenants include WilliamsSonoma, Pottery Barn, Eddie Bauer, Coach, Brookstone, Banana Republic, J. Crew, The Limited Too, The Cheesecake Factory and P.F. Chang’s. Preferred demographics include a population of 150,000 within a five-mile radius earning $50,000 as the average household income.

For more information, contact John Key, Select Comfort Retail Corp., 9800 59th Avenue North, Minneapolis, MN 55442; 763-551-6926, Fax 763-694-3386; Email: john.key@selectcomfort.com.

General Paint Corp. trades as General Paint at 80 locations throughout Canada.

The paint stores occupy spaces of 4,000 sq.ft. in strip centers and freestanding locations.

Growth opportunities are sought throughout

Ontario, Canada during the coming 18 months. Typical leases run five years with one, five-year option. Preferred demographics include a population of 100,000 within a five-mile radius.

For more information, contact Philip Jewell, General Paint Corp., 950 Raymur Avenue, Vancouver, British Columbia, Canada, V6A 3L5; 604-253-3131, Fax 604-253-3136; Email: pjewell@generalpaint.com; Web site: www.generalpaint.com.

The Container Store operates 46 locations nationwide. The stores, offering organization and storage items for home and office, as well as multi-use items and small gifts, occupy spaces of 25,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout MA, NH and RI during the coming 18 months, with representation by Corporate Realty Advisors. A land area of three acres is required. The company prefers to locate in high-end retail trade areas near regional malls and lifestyle centers.

For more information, contact Susan DiGiovanni, Corporate Realty Advisors, 92 High Street, Suite 1, Medford, MA 02155; 781-396-5400, Fax 781-396-0888; Web site: www.containerstore.com. DM

Breslin Realty, Inc. (516-741-7400) negotiated a lease with Lowe’s Home Centers, Inc. for space on Montauk Highway in Patchogue, NY. The company represented both the landlord and the tenant in the transaction.

CB Richard Ellis (407-839-3158) negotiated a 15-year lease with American Theater Corp. for 57,000 sq.ft. at The Plaza, a mixed-use center located at the intersection of Orange Avenue and Church Street in Orlando, FL. Sansone Group, Inc. (314-727-6664) negotiated the following leases for space at Shoppes at Mallard Pointe, located on Elm Street in St. Charles, MO: with Jimmy John’s for 1,729 sq.ft. and with Edward D. Jones & Co., LP for 1,300 sq.ft. The company represented the landlord, Sansone Shoppes at Mallard Pointe Lot D, LLC, in the transactions. The company also negotiated a lease with Avery Enterprises, Inc. for 2,363 sq.ft. at Ronnie’s Plaza, located on South Lindbergh Boulevard in St. Louis, MO. The company represented the landlord, Ronnie’s Plaza, Inc., in the transaction.

The company also negotiated a lease with dressbarn for 7,400 sq.ft. at South Lakeview Plaza, located on Lemay Ferry Road in St. Louis, MO. The company represented the landlord, South Lakeview Plaza I, LLC, in the transaction. DM www.dealmakers.net

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Who’s Opening and Where

Buyers and Sellers

Menard, Inc. (715-876-5911) has delayed the opening of a Menards home improvement store, located at the intersection of Court Street and Irish Road in Davison Township, MI, from this year until 2010. The company recently opened a location in Vienna Township, MI.

(continued from page seven)

Nordstrom, Inc. (206-628-2111) is slated to open two Nordstrom Rack locations this year. The company is slated to open a 34,842 sq.ft. location at The Palms at Town & Country, a 400,000 sq.ft. open-air center located along Mills Drive in Kendall, FL, during the fall. The tenant joins New York & Co., Marshalls, Men’s Wearhouse, Publix and Shaq’s 24 Hour Fitness. The company is also slated to open a 35,000 sq.ft. location at Rookwood Pavilion, located in Cincinnati, OH, during the fall.

The store is the company’s off-price retail division and offers discounts of 30% to 70% on men’s, women’s and children’s apparel and accessories. The company also plans to open a Nordstrom location at Kenwood Towne Centre, located in Cincinnati, OH, during September.

Wal*Mart Stores, Inc. (479-273-4000) will open a Wal*Mart Neighborhood Market location in Williamsburg, VA later this year and is slated to open a location in Virginia Beach, VA during 2010. The company recently opened a 45,000 sq.ft. Neighborhood Market store at a former Winn-Dixie site located along East Little Creek Road in Norfolk, VA. The grocery stores feature a smaller selection of higher end items than is found in the company’s Supercenter locations.

The company currently operates 145 Neighborhood Market locations nationwide, predominantly in the South.

Dick’s Sporting Goods, Inc. (724-273-3400) plans to open a Dick’s Sporting Goods store at Valley Bend at Jones Farm, located at the intersection of Carl T. Jones Drive and Four Mile Post Road in Huntsville, AL, during the spring. Progress Bank (256-319-3600) also plans to open a location at the center, occupying an outlot.

Meijer, Inc. (616-453-6711) has pushed back the opening of a planned Meijer supermarket, located along Morrish Road in Swartz Creek, MI, to next year. The company recently opened locations in Davison Township, MI and Birch Run, MI. DM

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January 30, 2009

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(continued from page eight)

Coastal Equities, on behalf of a client, is looking to acquire shopping centers located throughout FL, GA, KY, OH, IL, NC, NY, SC, TN, TX and VA. Suitable properties feature a mix of regional or national and local tenants with a minimum of seven tenants and one or more big box, in addition to be priced between $2.5 million and $15 million with a Cap rate above 9%.

For more information, contact Howard Arnberg, Coastal Equities; 954385-0001, Fax 954-252-4403; Email: howard@coastalequities.com.

KELCO Investments is selling a Dollar General site located in New London, OH. The NOI is $59,400. The asking price is $698,000 at a Cap rate of 8.5%. The company is also selling a Dollar General site located in Risingsun, OH. The NOI is $56,340. The asking price is $662,800 at a Cap rate of 8.5%.

For more information, contact Kelly Huang, KELCO Investments, 111 East Chestnut Street, Suite 35G, Chicago, IL 60611; 312-787-8898, Fax 312-787-7869; Email: kelly@kelcoinvestments.com.

Jaime M. Weiss Realty Co., Inc. negotiated the sale of a two-story, 20,000 sq.ft. mixeduse building located along Market Street in Paterson, NJ. Tenants include Radio Shack, AP Fashion, Eyes for America, Taco Bell/ Pizza Hut and McDonald’s. A private party acquired the property from 160 Market Street Associates for $4.45 million. The company represented the buyer and the seller in this transaction.

For more information, contact Martha Morley, Jaime M. Weiss Realty Co., Inc., 250 Moonachie Road, Moonachie, NJ 07074; 201-814-1800, Fax 201-814-1811; Email: jweiss@jweissrealty.com; Web site: www.jweissrealty.com.

Weichert Commercial Real Estate, on behalf of a client, is looking to acquire outlet, power and strip centers, malls, freestanding locations and single-tenant buildings located throughout the Northeast. Suitable properties feature tenants bound to NNN leases, GLAs between 3,000 sq.ft. and 100,000 sq.ft., occupancy rates between 60% and 75% and asking prices between $1 million and $150 million at Cap rates between 6.5% and 8.5%.

For more information, contact Bill Maurer, Weichert FG, 170 Deer Park Avenue, Babylon, NY 11702; 631-6616900 Ext. 102, Fax 631-948-5559; Email: bill.maurer@weichertfg.com; Web site: www.weichertfg.com. DM

Lead Sheet Bridgestone/Firestone, Inc. (Southeastern Zone) dba Firestone Ron Ricks 4219 Roswell Road, Suite A Marietta, GA 30062 770-321-4488, Fax 770-321-2240 Email: rricks@bfrc.com

Automotive The 1,500-unit chain operates locations throughout AL, FL, GA, KY, MS, NC, SC and TN. The automotive service centers occupy spaces of 7,500 sq.ft. to 8,100 sq.ft. in freestanding locations, power and strip centers and urban/downtown areas. Growth opportunities are sought throughout the Southeast during the coming 18 months. Preferred demographics include a population of 50,000 within five miles earning $50,000 as the average household income.

Hobby Lobby Stores dba Mardel Scott Nelson 7707 Southwest 44th Street Oklahoma City, OK 73179 405-745-1100, Fax 405-745-1635 Web sites: www.mardel.com and www.hobbylobby.com

Books The 30-unit chain operates locations throughout AR, CO, KS, OK and TX. The stores, offering Christian books, Bibles, music, gifts and educational supplies, occupy spaces of 23,000 sq.ft. to 24,000 sq.ft. in power and strip centers. Plans call for three to five openings throughout the southeastern and south central U.S. during the coming 18 months. Preferred demographics include a population of 200,000 within a five-mile radius earning an average household income of $45,000.

Quik Stop Markets, Inc. dba Quik Stop Markets Bill Rankin 4567 Enterprise Street Fremont, CA 94538 510-657-8500, Fax 510-657-1544 Email: bill.rankin@quikstop.com

Convenience The 107-unit chain operates locations throughout northern CA and northern NV. The convenience stores, with gasoline facilities, occupy spaces of 3,000 sq.ft. to 4,000 sq.ft. in freestanding locations. Plans call for six openings throughout the existing markets during the coming 18 months. Typical leases run 15 years. Specific improvements are required.

Major competitors include Arco and 7-Eleven. A land area of one acre is required. The company is franchising.

Beauty Brands Salon Spa Superstore Mitch Truster 4600 Madison Avenue, Suite 400 Kansas City, MO 64112 816-960-5760, Fax 816-531-7122 Email: mitch_truster@beautybrands.com Web site: www.beautybrands.com

Cosmetics The 52-unit chain operates locations throughout AZ, CO, IA, IL, IN, KS, MO, NC, NE, OK and TX. The stores, offering salon-grade beauty supplies and featuring a full-service salon and spa, occupy spaces of 6,000 sq.ft. to 8,000 sq.ft. in freestanding locations and lifestyle, power and specialty centers. Plans call for four to five openings throughout the existing markets during the coming 18 months. Typical leases run five to 10 years. Specific improvements and tenant improvement allowance are required. Preferred cotenants include women’s fashion retailers. Preferred demographics include a population of 100,000 within five miles earning $50,000 as the average household income.

7-Eleven Canada, Inc. dba 7-Eleven Radostina Izova 13450 102nd Avenue, Suite 2400 Surrey, British Columbia, Canada V3T 0C3 604-586-1616, Fax 604-586-1507 Email: radostina.izova@7-eleven.com Web site: www.7-eleven.com

Convenience The 500-unit chain operates locations throughout Canada. The stores occupy spaces from 2,000 sq.ft. to 3,000 sq.ft. in mixed-use and strip centers as well as freestanding locations and downtown areas. Growth opportunities are sought throughout Alberta and British Columbia, Canada during the coming 18 months. Typical leases run 10 years with options. The company prefers to locate in areas with high population density and traffic counts. The company will also consider acquiring existing sites with gasoline facilities.

Polk’s Discount Drug Buell Polk 335 Crossgates Boulevard Brandon, MS 39042 601-825-8660, Fax 601-825-6983

Drug Store The six-unit chain operates locations throughout LA and MS. The stores occupy spaces of 2,800 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. The company prefers to locate near high-traffic areas such as schools, churches and doctor’s offices as well as retail locations.

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Lead Sheet RadioShack Corp. dba RadioShack Mark Hullinger 300 RadioShack Circle Fort Worth, TX 76102 817-415-3224, Fax 817-415-6872 Web site: www.radioshack.com.

Electronics The 6,000-unit chain operates locations nationwide. The stores occupy spaces from 1,800 sq.ft. to 2,400 sq.ft. in power and strip centers as well as malls, freestanding locations and urban/downtown areas. Plans call for 100 openings throughout the existing markets during this year. Typical leases run five years with two, five-year options.

Regal Entertainment Group Bill Farkas c/o Jeffery Realty, Inc 116 Route 22 East North Plainfield, NJ 07060 908-668-9600, Fax 908-668-5225 Email: bfarkas@jefferyrealty.com Web site: www.jefferyrealty.com

Entertainment The 552-unit chain operates locations throughout 39 states nationwide. The 12-18 screen movie theaters occupy spaces from 70,000 sq.ft. to 80,000 sq.ft. in lifestyle, power and town centers. Growth opportunities are sought throughout NJ during the coming 18 months, with representation by Jeffery Realty, Inc. The previous entry appeared in the November 14, 2008 edition of

Lucille Roberts Jason Wuchiski c/o GVA Williams 1055 Washington Boulevard Stamford, CT 06901 203-961-6569, Fax 203-324-3125 Email: jwuchiski@gvawilliams.com Web site: www.gvawilliams.com

Fitness The fitness centers occupy spaces from 7,500 sq.ft. to 10,000 sq.ft. in endcaps and freestanding locations. Growth opportunities are sought throughout Fairfield and New Haven counties, CT during the coming 18 months, with representation by GVA Williams. The previous entry appeared in

Great Clips Tim Crissman c/o Crissman Commercial Services 25031 West Avenue, Stanford Suite 70 Valencia, CA 91355 661-295-9300 Email: tcrissman@crissmancommercial.com Web site: www.greatclips.com

Hair The 2,700-unit chain operates locations nationwide and throughout Canada. The hair salons occupy spaces from 700 sq.ft. to 1,200 sq.ft. in endcaps and inline spaces of shopping centers.

Growth opportunities are sought throughout Los Angeles, Santa Barbara, San Luis Obispo and Ventura counties, CA during the coming 18 months, with representation by Crissman Commercial Services. The company prefers to locate in grocery-anchored shopping centers with high visibility and traffic counts. Preferred demographics include a population of 35,000 within a two-mile radius earning $45,000 as the median household income.

Neibauer Dental Care Marty Diamond c/o Thur & Associates 8260 Greensboro Drive, Suite 270 McLean, VA 22102 703-879-4965, Fax 703-847-1435 Email: mdiamond@thurassociates.com Web site: www.sharythur.com

Health The 22-unit chain operates locations throughout MD and VA. The family and cosmetic dentistry facilities occupy spaces of 3,000 sq.ft. in freestanding locations and shopping centers. Growth opportunities are sought throughout the existing markets during the coming 18 months, with representation by Thur & Associates. The company prefers to locate in areas with high visibility and traffic counts.

Ben Moss Jewelers Western Canada, Ltd. dba Ben Moss Jewelers Merv Moknowed 300-201 Portage Avenue Winnipeg, Manitoba, Canada R3B 3K6 204-947-6682, Fax 204-988-0148 Email: mervm@benmoss.com Web site: www.benmoss.com

Jewelry The 56-unit chain operates locations throughout Canada. The stores occupy spaces from 1,000 sq.ft. to 1,500 sq.ft. in malls. Plans call for three to five locations throughout Alberta, the Maritimes and Ontario, including the Toronto metropolitan area, during the coming 12 months. Typical leases run 10 years.

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January 30, 2009

The Dealmakers and included the incorrect store count. Regal Entertainment Group operates 552 theaters nationwide and 12 locations in NJ.

the December 12, 2008 issue of The Dealmakers and included incorrect information regarding space requirements.

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Dealmakers

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Lead Sheet Phillips-Van Heusen Corp. dba Bass Factory Outlet Stores Dan Cochran PO Box 6960 Bridgewater, NJ 08807-0960 908-685-0050, Fax 908-704-1127 Web site: www.pvh.com

Shoes The 207-unit chain operates locations nationwide. The stores, offering men’s and women’s shoes, occupy spaces from 3,000 sq.ft. to 6,500 sq.ft. in outlet centers. Growth opportunities are sought throughout the existing markets during the coming 18 months.

The Brown Group dba Famous Footwear Harold Van Ommeren 116 East Madison Street Lake Mills, WI 53551 920-648-8989, Fax 314-827-0054 Email: hvanommeren@famousfootwear.com Web site: www.famousfootwear.com

Shoes The 1,163-unit chain operates locations nationwide. The stores occupy spaces of 6,000 sq.ft. in regional malls and outlet, power and strip centers. Plans call for 50 openings throughout the existing markets during the coming 18 months. Typical leases run five years. Preferred cotenants include Kohl’s, Marshalls, Old Navy, Ross Dress for Less, Target and T.J. Maxx.

Major competitors include DSW, Rack Room Shoes and Shoe Carnival. A turnkey and tenant improvement allowance are required. Preferred demographics include a population of 100,000 within a five-mile radius earning $55,000 as the median household income.

Oreck Franchise Services, LLC dba Oreck Clean Home Centers Doug Van Tassell 414 Union Street, Suite 1910 Nashville, TN 37219 888-769-6673, Fax 615-742-1895 Email: dvantassell@oreck.com Web site: www.ownanoreckstore.com

Specialty The 450-unit chain operates locations nationwide and throughout Canada. The stores, offering vacuum cleaners and accessories, occupy spaces from 800 sq.ft. to 1,500 sq.ft. in freestanding locations and lifestyle, power, specialty and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run five years. The company is franchising.

Rincon Musical Marc Durst c/o Sholom & Zuckerbrot Realty, LLC Kaufman Astoria Studios 35-11 35th Avenue Long Island City, NY 11106 718-392-5959 Ext. 122, Fax 718-937-6546 Email: mdurst@s-z.com Web site: www.rinconmusical.com

Specialty The 11-unit chain operates locations throughout the five boroughs of New York, NY. The stores, offering Latin music, musical instruments and accessories, occupy spaces from 2,000 sq.ft. to 5,000 sq.ft. in inline spaces, shopping centers and urban/downtown areas.

Growth opportunities are sought throughout the existing markets as well as Long Island and Westchester, NY during the coming 18 months, with representation by Sholom & Zuckerbrot Realty, LLC.

Goin’ Postal Mark Camara c/o APE Realty, Inc. 4491 West Whitewater Avenue Weston, FL 33332 Email: mcamara@aperealty.com Web site: www.aperealty.com

Service The 250-unit chain operates locations nationwide. The stores, offering office supplies, shipping supplies and services and business-related services including copying, faxing, mailbox rentals, cards and gift items, occupy spaces from 1,200 sq.ft. to 1,400 sq.ft. in urban/ downtown areas and entertainment, outlet, specialty, strip and value centers. Plans call for 65 locations throughout the existing markets during the coming 18 months, with representation

by APE Realty, Inc.

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. www.dealmakers.net

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Food Retailers Expand Nationwide

Bankruptcies & Closings Goody’s Family Clothing, Inc. (865-9662000) is liquidating its inventory and other assets, having filed for Chapter 11 bankruptcy protection during June 2008 and reorganized during October 2008. The company operated 282 Goody’s mid-priced apparel stores, primarily throughout the Midwest and Southeast.

Blockbuster, Inc. (214-854-3000), through franchisee U.B. Entertained, Inc., recently closed three Blockbuster Video locations in Bay County, FL, leaving the company without a presence in Bay County.

The franchisee operates 11 locations throughout FL. KP Fashion Co. (866-929-5472) has filed for Chapter 7 bankruptcy in New York and has begun to dismantle its U.S. operations.

The company opened its first Kira Plastinina boutique in the U.S. last May and had opened 11 more prior to the bankruptcy filing, with intentions to eventually operate 250 locations nationwide. The division’s parent company, Kira Plastinina, will continue operations throughout Kazakhstan, Russia and Ukraine, where it currently operates 70 locations. DM

Baker, LA | 14740 Plank Rd. 85,899 sq. ft.

Baton Rouge, LA | 1683 O’Neal Ln. 33,360 sq. ft.

Eunice, LA | 1960 W. Laurel Ave. 86,581 sq. ft.

Harvey, LA | 2100 Alex Kornman 114,173 sq. ft.

Marksville, LA | 637 E. Tunica Dr. 19,627 sq. ft.

Austin Sonic, Inc. trades as Sonic Drive-In at 62 locations throughout TX. The fast food drive-in restaurants occupy spaces of 1,320 sq.ft. in freestanding locations. Plans call for six openings throughout the existing market during the coming 18 months. Preferred cotenants include Wal*Mart and Target.

Preferred demographics include a population of 30,000 within a three-mile radius earning an average household income of $30,000.

For more information, contact Jerry Conway, Austin Sonic, Inc., PO Box 17788, Austin, TX 78760; 512-462-0393, Fax 512462-3639.

Matthews, LA | 4876 Hwy 1 South 54,223 sq. ft.

Port Allen, LA | 2808 Court St. 56,193 sq. ft.

For more information, contact: Dennis Carlton office (225) 293-8500 cell (225) 907-3575 dennis@carltonre.net www.carltonre.net January 30, 2009

King’s Family Restaurant operates 35 locations throughout PA. The restaurants occupy spaces of 5,000 sq.ft. in freestanding locations. Plans call for one opening in western PA during the coming 18 months.

For more information, contact Hartley King, King’s Family Restaurant, 1180 Long Run Road, McKeesport, PA 15131; 412751-0700 Ext. 119, Fax 412-751-9008; Web site: www.kingsfamily.com.

Lenny’s Sub Shop operates 175 locations nationwide. The restaurants, serving subs and other sandwiches along with salads, occupy spaces of 1,500 sq.ft. to 2,400 sq.ft. in endcaps of entertainment, specialty and strip centers, in addition to downtown/urban locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run five years. The company prefers to locate in areas with strong daytime demographics. The company is franchising.

For more information, contact Andrew Bryant, Lenny’s Sub Shop, 8295 Tournament Drive, Suite 200, Memphis, TN 38125; 901-259-6259, Fax 901-753-4395; Email: realestate@lennyscorp.com; Web site: www.lennys.com.

VACANT WALMARTS AVAiLABLE

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Hoss’s Steak & Sea House, Inc. trades as Hoss’s Steak & Sea House at 40 locations throughout PA and WV. The restaurants, serving fresh-cut steaks, seafood and chicken dishes along with soups, salads, fresh breads, fresh fruits, desserts and soft-serve ice cream, occupy spaces of 7,500 sq.ft. to 9,400 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. Preferred demographics include a population of 35,000 within a five-mile radius earning an average household income of $40,000. A land area of 1.5 acres to two acres is required.

For more information, contact Carl Raup, Hoss’s Steak & Sea House, Inc., 170 Patchway Road, Duncanville, PA 16635; 814-695-7600, Fax 814-695-3865.

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Daz Bog Coffee Co. operates 21 locations throughout AZ and CO. The coffee shops occupy spaces of 1,200 sq.ft. to 1,400 sq.ft. in endcaps with drive-thrus. Growth opportunities are sought throughout Los Angeles, Orange and Ventura counties, CA during the coming 18 months, with representation by Crissman Commercial Services. The company prefers to locate in sites with high visibility, easy ingress and egress and strong traffic counts.

Preferred demographics include a population of 35,000 within a two-mile radius earning a median household income of $45,000. The Habit Burger Grill operates 25 locations throughout CA. The restaurants, serving burgers, sandwiches and salads, occupy spaces of 1,750 sq.ft. to 2,000 sq.ft. in endcaps.

Growth opportunities are sought throughout the Antelope Valley and Santa Clarita Valley areas of CA, with representation by Crissman Commercial Services. The company requires front or side patio space and prefers to locate in sites with high visibility, easy ingress and egress and strong traffic counts. Preferred demographics include a population of 20,000 within a two-mile radius earning a median household income of $40,000.

For more information, contact Tim Crissman, Crissman Commercial Services, 25031 West Avenue, Stanford Suite 70, Valencia, CA 91355; 661-295-9300; Email: tcrissman@crissmancommercial.com.

Popeye’s Chicken & Biscuits operates 1,870 locations nationwide and internationally. The fast food restaurants, serving Cajun-inspired fried chicken, occupy spaces of 2,000 sq.ft. to 3,000 sq.ft. in inline spaces and freestanding locations. Growth opportunities are sought nationwide during the coming 18 months.

For more information, contact Bob Faller, Popeye’s Chicken & Biscuits, 5555 Glen Ridge Connector Northeast, Suite 300, Atlanta, GA 30342; 404-459-4450, Fax 404459-4535.

Kushi Q operates 500 locations throughout NY and internationally throughout the continent of Asia. The restaurants, serving modern, healthy interpretations of the shish ka bob, occupy spaces of 1,500 sq.ft. in downtown/urban locations. Plans call for two to three openings throughout New York, NY during the coming 18 months, with representation by Andrew A. Pittel & Co., LLC. Typical leases run 15 years.

The company prefers to locate in areas with high traffic counts.

For more information, contact Andrew Pittel, Andrew A. Pittel & Co., LLC, 350 Lexington Avenue, Suite 40, New York, NY 10017; 212-818-1122, Fax 212-818-1133; Email: aapittel@pittelco.com; Web site: www.pittelco.com. DM

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Mobile – Hillcrest Plaza, a strip center located at the intersection of Airport Boulevard and Hillcrest Road, has spaces available of 1,200 sq.ft.; 2,300 sq.ft. and 19,936 sq.ft.

Shoe Station and Hudson’s Treasure Hunt anchor the center. Cotenants include Pet Supplies Plus, G&C, MT Nails, Pump It Up, International Golf and Krispy Kreme.

Area demographics include a population of 129,380 within five miles earning $64,174 as the median household income. The average daily traffic count is 52,000 vehicles.

For details, contact Matt Cummings, Cummings & Associates, Inc., One Houston Street, Mobile, AL 36606; 251-476-6000, Fax 251-471-5664; Email: matt@cummingsassoc.com; Web site: www.cummingsassoc.com.

135,919 within 10 miles earning $76,071 as the average household income. The average daily traffic count is 75,000 vehicles.

For details, contact Shari M. Dorenkamp, Potter-Taylor & Co., 1792 Tribute Road, Suite 270, Sacramento, CA 95815; 916614-8885, Fax 916-923-5823; Email: shari.dorenkamp@potter-taylor.com; Web sites: www.calvinepointe.com and www.woodlandgatewaycenter.com.

area demographics include a population of 136,321. Newbury Park – Market Place, a 23,000 sq.ft. center located at the intersection of Camino Del Rios and Broadbeck Lane, has a 910 sq.ft. space available. Cotenants include Beauty Supply, Next Generation, Daphne’s Greek Cafe, Baja Fresh, The Habit, Presto Pasta, Subway, GNC, Dickey’s BBQ, Jamba Juice, VIP Beauty & Nail and Starbucks, along with Chipotle, Islands Fine Burgers & Drinks and Wells Fargo occupying pad sites. Area retail includes Home Depot, Staples, Target and Party City. Trade-area demographics include a population of 52,030 earning $119,333 as the average household income.

Rancho Cucamonga – Foothill Crossing, a 312,950 sq.ft. center located on Day Creek Road, has spaces available of 1,500 sq.ft. and 2,600 sq.ft. Sears Grand anchors the center and cotenants include The Vitamin Shoppe, Office Depot, Richmond American Homes, Medi Spa, PFF Bank & Trust, Red Robin, O’Gawa, Renaissance Salon, Buffalo Wild Wings, Joe’s Crab Shack, Ortho Mattress Gallery, Total Wine & More and National Vision. Area retail includes Victoria Gardens Regional Mall. Trade-area demographics include a population of 283,527 earning $83,797 as the average household income. Temecula – Market Place, a 77,520 sq.ft. center located at the intersection of Winchester Road and Ynez Road, has spaces available of 2,000 sq.ft. and 2,200 sq.ft. The center is shadow-anchored

by The Promenade in Temecula, featuring JCPenney, Sears, Robinsons May, Macy’s and Edwards Cinemas. Cotenants include Togo’s/Baskin Robbins, La Salsa, Hawaiian BBQ, Jamba Juice, Iron Wok, Love Boat Sushi, Johnny Carino’s, Original Roadhouse Grill, Souplantation, On the Border, T.G.I. Friday’s, Jay’s Boardshop, Hallmark, Beauty One, Men’s Wearhouse, The Haircutters, Ortho, Verizon Wireless, The Vitamin Shoppe, Sprint, Cold Stone Creamery, Baja Fresh, Panda Express, Casual Male Big & Tall, Smilecare and Sleep Train. Area retail includes Barnes & Noble and Burger King. Trade-area demographics include a population of 172,205 earning $87,865 as the average household income.

For details, contact O&S Holdings, LLC, 9247 Alden Drive, Beverly Hills, CA 90210; 310-207-8600, Fax 310-207-2288; Web site: www.osholdings.com.

Arizona Phoenix – Laveen Marketplace, a 300,000 sq.ft. power center situated on a land area of 44,000 sq.ft. at the intersection of 51st Avenue and Baseline Road, has a 2,396 sq.ft. space available. Home Depot, Fry’s and Petco anchor the center. Cotenants include Applebee’s, Starbucks and McDonald’s.

Area demographics include a population of 30,000 within three miles earning $60,000 as the median household income. The average daily traffic count is 50,000 vehicles.

For details, contact Lou Boemia, Wienerschnitzel, 7700 Irvine Center Drive, Suite 550, Irvine, CA 92618; 949892-2639, Fax 949-892-2615; Email: lboemia@galardigroup.com.

California Elk Grove – Calvine Pointe, a 240,000 sq.ft. power center located at the intersection of Calvine Road and Elk Grove-Florin Road, has spaces available from 1,000 sq.ft. to 65,000 sq.ft. along with outlots of 2,000 sq.ft.; 3,800 sq.ft. and 5,000 sq.ft. Kohl’s anchors the center and cotenants include Fresh & Easy, Schools Credit Union and Panda Express. Area retail includes Bel Air, Safeway, Long’s Drugs, Rite Aid and Walgreens. Area demographics include a population of 719,697 within 10 miles earning $71,599 as the average household income. The average daily traffic count is 72,100 vehicles. Woodland – Woodland Gateway Center, a 500,000 sq.ft. power center located at the intersection of Interstate 5 and County Road 102, has spaces available of 1,000 sq.ft.; 30,000 sq.ft. and 100,000 sq.ft. Costco and Target anchor the center. Cotenants include Michaels, Best Buy, Famous Footwear and In-N-Out Burger.

Area demographics include a population of

Los Angeles – 8000 Sunset, a 165,411 sq.ft. specialty center located at the intersection of Sunset Boulevard and Crescent Heights, has spaces available of 1,436 sq.ft. and 15,600 sq.ft. along with a divisible space of 8,337 sq.ft. CB2, Trader Joe’s and Crunch Gym anchor the center. Cotenants include Pinkberry and Starbucks. Area demographics include a population of 817,629 within five miles earning $50,901 as the median household income. The average daily traffic count is 97,471 vehicles. The asking rent ranges from $5 psf to $7 psf with CAM of $1.20 psf. Venice – A mixed-use center located at the intersection of Abbot Kinney Boulevard and Venice Boulevard has spaces available of 1,119 sq.ft. and 1,735 sq.ft.

Cotenants include Pilates Plus and Rex Clothing Boutique. Area demographics include a population of 437,944 within five miles earning $71,564 as the average household income. The average daily traffic count is 39,017 vehicles. The asking rent is $5 psf with CAM of $0.85 psf.

For details, contact Maryl Haire, Epsteen & Associates, 1429 4th Street, Santa Monica, CA 90401; 310-451-8171 Ext. 229, Fax 310395-6361; Email: mhaire@epsteen.com; Web site: www.epsteen.com.

Palmdale – Market Place, a 215,200 sq.ft. center located at the intersection of 10th Street West and Technology Drive/Avenue P-8, has spaces available of 1,179 sq.ft.; 1,482 sq.ft.; 1,650 sq.ft.; 2,000 sq.ft.; 2,439 sq.ft. and 2,500 sq.ft. Lowe’s Home Improvement and Target anchor the center. Cotenants include Best Buy, Staples, Party City, Barnes & Noble, Smart & Final, Ross Dress for Less, Sport Chalet, Sally Beauty Supply, First City Credit Union, Panda Express, GameStop, Jamba Juice, Togo’s/Baskin Robbins, Baja Fresh, Lavish Clothing, Cinnamon Rose, The Vitamin Shoppe, Malhi Indian Cuisine, Bamboo Garden, Catherines, Me ‘N Ed’s, Jenny Craig, Mortgage Factory, Nailissmo, Bronz Bunz, Quality Cleaners and IHOP. Area retail includes Antelope Valley Mall, featuring Dillard’s, Sears, JCPenney, HarrisGottschalk and Cinemark Theaters. Tradewww.dealmakers.net

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Road, has a 13,989 sq.ft. space available.

Whole Foods Market anchors the center.

Cotenants include FedEx Office, Starbucks and Einstein Bros. Bagels.

For details, contact Mike DePalma, Sullivan Hayes Brokerage, 2101 Ken Pratt Boulevard, Suite 200, Longmont, CO 80501; 303-534-0900, Fax 303-827-2448; Email: mdepalma@sullivanhayes.com; Web site: www.sullivanhayes.com.

Florida Orlando – The Loop and Loop West, two adjacent centers totaling 840,000 sq.ft. and located on Osceola Parkway, have space available. Cotenants include Belk, Babies “R” Us, JCPenney, Party City, Kohl’s, Ross Dress for Less, Bed Bath & Beyond, The Sports Authority, Regal Cinemas, Petco, Starbucks, Old Navy, DSW, American Eagle Outfitters, Aveda, Sunglass Hut, Ulta, Zales, Bonefish Grill, Macaroni Grill, Johnny Rocket’s, Panera Bread and Michaels. Area retail includes Lowe’s Home Improvement, BJ’s Wholesale Club, Rooms to Go and Ashley Furniture. Area demographics include a population of 226,195 within seven miles earning $58,287 as the average household income. Also, Rialto, a 350,000 sq.ft. mixed-use center located on Sand Lake Road, has space available. Cotenants include Ocean Prime, J. Alexander’s, Sadler’s Fine Clothiers, Bento Café, FedEx Office and Bar Louie. Trade-area demographics include a population of 375,000 earning $106,000 as the average household income.

For details, contact The Wilder Cos., 800 Boylston Street, Suite 1300, Boston, MA 02199; 617-247-9200, Fax 617-247-4044; Web site: www.wilderco.com.

Tamarac – Westpoint Plaza, a 15,000 sq.ft. strip center located at the intersection of Commercial Boulevard and Hiatus Road, has spaces available of 1,415 sq.ft.; 1,650 sq.ft. and 1,805 sq.ft. Solantic Clinic and Dunkin’ Donuts anchor the center. Cotenants include Subway, Rotelli, Taco Maker and Gentle Dental. Area retail includes Sunrise West, CVS, Publix and Walgreens. Area demographics include a population of 324,422 within five miles earning $65,339 as the average household income. The average daily traffic count is 30,000 vehicles. The asking rent is $25 psf with CAM and taxes of $9.51 psf. Weston – Millennium Plaza, a 43,308 sq.ft. strip center situated on 3.8 acres at the intersection of Weston Road and Commerce Parkway, has spaces available of 850 sq.ft.; page 16

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1,634 sq.ft. and 2,512 sq.ft. Comerica Bank and Moon Thai Restaurant anchor the center. Cotenants include El Meson, Pure Elegance Salon & Spa and La Brassa. Area retail includes Waterway Shoppes II and County Lakes. Area demographics include a population of 168,796 within five miles earning $124,020 as the average household income. The average daily traffic count is 33,500 vehicles. The asking rent is $36 psf with CAM and taxes of $13.27 psf.

For details, contact Maggie Reyes, The Shopping Center Group, 5201 Blue Lagoon Drive, Suite 550, Miami, FL 33126; 305262-8877, Fax 305-262-7180; Email: maggier@theshoppingcentergroup.com; Web site: www.theshoppingcentergroup.com.

Subway, Pools of Fun, Big League Barber and Ritter’s Frozen Custard. Area retail includes Marsh Grocery, National City Bank and Village Pantry. Area demographics include a population of 248,934 within five miles earning $76,894 as the average household income. The asking rent is $22 psf with CAM of $1 psf and taxes of $3.50 psf. Indianapolis – Franklin Corners, a 16,000 sq.ft. strip center situated on 10 acres at the intersection of Arlington Avenue and Thompson Road, has spaces available from 1,200 sq.ft. to 6,000 sq.ft. along with four outlots. CVS and Dollar General anchor the center. Cotenants include Allstate Insurance. Area retail includes Kroger, Marsh Grocery, Wal*Mart Supercenter, Kmart, Lowe’s Home Improvement, Family Video, Sears Hardware and Dollar Tree.

Area demographics include a population of 134,148 within five miles earning $49,912 as the average household income. The average daily traffic count is 12,677 vehicles. The asking rent ranges from $16 psf to $18 psf with CAM of $1 psf and taxes of $2 psf. Also, a freestanding 7,200 sq.ft. former Mountain Jack’s Restaurant site situated on 1.8 acres at the intersection of Interstate 465 and West 38th Street is available. Area retail includes Target, Marsh Grocery, T.G.I. Friday’s, Chili’s, Cracker Barrel, Ruby Tuesday and United Artist Cinemas. Area demographics include a population of 83,022 within 10 miles earning $51,703 as the average household income. The average daily traffic count is 141,817 vehicles. The asking rent is $16 psf with CAM of $1 psf and taxes of $3 psf. Kokomo – Southway Boulevard Shoppes, a 4,800 sq.ft. strip center situated on 0.86 acres at the intersection of U.S. Highway 31 and Southway Boulevard, has a 2,600 sq.ft. space available. Dunkin’ Donuts anchors the center. Area retail includes Lowe’s Home Improvement, Marsh Grocery, Walgreens, Ruby Tuesday and Steak ‘N Shake. Area demographics include a population of 65,142 within 10 miles earning $50,981 as the average household income. The average daily traffic count is 43,330 vehicles. The asking rent is $30 psf with CAM of $1 psf and taxes of $3 psf. Vincennes – Kimmel Square, a 12,414 sq.ft. freestanding building situated on 1.81 acres at the intersection of Kimmel Road and Hart Street, has a divisible space of 3,100 sq.ft. available. Cotenants include Sun Tan City, Verizon Wireless and LaCarreta Mexican Restaurant. Area retail includes Wal*Mart Supercenter, Kohl’s, Kmart, OfficeMax, Hibbett Sports, Citifinancial, Applebee’s, Taco Bell, KFC and Starbucks.

Area demographics include a population of

Idaho Pocatello – A 19,900 sq.ft. strip center located at the intersection of U.S. Highway 91 and Interstate 86 has a 1,490 sq.ft. space available. Petco anchors the center and cotenants include Walgreens, H&R Block and GameStop. Area retail includes Pine Ridge Mall, Wal*Mart Supercenter, Lowe’s Home Improvement, Sears, ShopKo, Home Depot, Carmike Cinemas, T.J. Maxx and Sportsman’s Warehouse. Area demographics include a population of 45,513 within three miles earning $61,674 as the average household income. The average daily traffic count is 21,959 vehicles. Rexburg – Teton River Village, a 66,020 sq.ft. strip center located at the intersection of North 2nd East and Valley River Drive, has spaces available of 1,436 sq.ft. and 4,531 sq.ft. The “REX” Entertainment Center anchors the center and cotenants include Cold Stone Creamery, Quiznos, Bajio Mexican Grill, Deseret Book, Jack in the Box and The UPS Store.

Area retail includes Wal*Mart, Albertsons and Big Kmart. Area demographics include a population of 29,482 within three miles earning $49,769 as the average household income. The average daily traffic count is 25,000 vehicles.

For details, contact Brent Wilson, NAI Commerce One, 1000 Riverwalk Drive, Suite 375, Idaho Falls, ID 83402; 208525-8088, Fax 208-525-8188; Email: bwilson@nai1-idaho.com.

Indiana Fishers – Sandstone Commons, a strip center located at the intersection of East 116th Street and Brooks School Road, has a 1,600 sq.ft. endcap available. Crown Liquors and Joe’s Grill anchor the center. Cotenants include

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The Shops at Slidell

4038 Pontchartrain Drive, Slidell, LA 70458

Come join state-of-the-art Crossgates Athletic Club and BGL Fresh Market Grocery

Shaded spaces currently available

South Slidell’s newest shopping destination featuring a life-style quality environment.

Prominent high visibility location just minutes from Interstates 10, 11 and 190.

Space available for leaSe 3 boxes: 10,000 – 12,000 sf 4 boxes: 3,000 sf (sub dividable) 3 boxes: 1,200 sf 2 pad sites

866-663-0720 www.slidellshops.com

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28,763 within 10 miles earning $39,977 as the average household income. The average daily traffic count is 16,060 vehicles. The asking rent ranges from $20 psf to $22 psf with CAM of $1 psf and taxes of $3 psf.

For details, contact Frank E. Swiss, The Swiss Group, 3985 West 106th Street, Suite 110, Carmel, IN 46032; 317-816-9270, Fax 317816-9271; Email: fswiss@swissgroup.com; Web site: www.swissgroup.com.

Massachusetts Peabody – Syms Plaza, a 70,000 sq.ft. strip center situated on 7.3 acres at the intersection of Route 1 and Lowell Street, has a 3,000 sq.ft. space available. Syms and Namco anchor the center.

Area retail includes Home Depot and Lowe’s Home Improvement. Area demographics include a population of 145,595 within five miles earning $56,195 as the median household income. The average daily traffic count is 35,000 vehicles. The asking rent is $15 psf with CAM of $1.50 psf and taxes of $1.50 psf.

For details, contact Gary Belowich, Remic Properties, 177 Worcester Street, Suite 304, Wellesley, MA 02481; 781-237-9500; Email: gbelowich@remicprop.com; Web site: www.remicprop.com.

New Jersey

New Jersey

Berkley – Berkley Estates Plaza, an 11,700 sq.ft. center located on NJ State Highway Route 9, has space available.

Area demographics include a population of 279,187 within 10 miles earning $70,080 as the average household income. Cherry Hill – Garden State Pavilions, located at the intersection of South Cornell Avenue and NJ State Highway Route 70/Marlton Pike, has a 132,031 sq.ft. space available.

Cotenants include ShopRite, Ross Dress for Less, Petco and Staples. Area retail includes Toys “R” Us, Office Depot, A.J. Wright and Wal*Mart. Area demographics include a population of 1.591 million within 10 miles earning $55,275 as the average household income. Also, Market Place at Garden State Park, a 530,000 sq.ft. center located at the intersection of New Jersey State Highway Route 70 and Haddonfield Road, has spaces available of 1,501 sq.ft.; 1,924 sq.ft. and 3,861 sq.ft. Home Depot and Wegmans anchor the center. Cotenants include Best Buy, Dick’s Sporting Goods, Christmas Tree Shops, Bed Bath & Beyond, Olly, Red Wing Shoes, GameStop, T-Mobile, Baja Fresh, Panera Bread, Peace A Pizza, For Eyes, Hair Cuttery, InkStop, Le Chic Nails, The Vitamin Shoppe, Chick-fil-A, Lakeshore Learning, Men’s Wearhouse, Cheeburger Cheeburger,

Starbucks, Citizens Bank, Sleepy’s, Pei Wei Asian Diner, Hallmark and Houlihan’s.

Area retail includes ShopRite, Ross Dress for Less, Petco, Staples, Kohl’s, Worldwide Carpet, Babies “R” Us, PetSmart, Target, The Container Store and Cherry Hill Mall, featuring Macy’s, JCPenney and Nordstrom.

Area demographics include a population of 1.59 million within 10 miles earning $53,935 as the average household income. New Brunswick – Raritan Heights, located along U.S. Highway Route 1, has spaces available of 6,500 sq.ft. and 8,000 sq.ft. along with a 7,000 sq.ft. pad site. Loew’s Cineplex anchors the center and cotenants include Panera Bread, Hallmark, T-Mobile, Starbucks, The Learning Experience, Famous Dave’s and GameStop.

Area retail includes Sears and Stop & Shop.

Area demographics include a population of 889,755 within 10 miles earning $86,537 as the average household income. The average daily traffic count is 93,000 vehicles.

Piscataway – Fairway Towne Center, a mixed-use center with a 65,000 sq.ft. retail component located at the intersection of Shelton Road and Ethel Road, has spaces available of 1,500 sq.ft.; 3,500 sq.ft.; 5,750 sq.ft.; 6,400 sq.ft. and 9,000 sq.ft. along with two spaces of 4,000 sq.ft. Cotenants

out Check EW N r u o rum! o Jobs F

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E-mail Forums Lease and Sell Your Property for Free

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Henry J. Richard, Principal | (985)-223-6012 #227 henry@richarddevelopment.com | www.richarddevelopment.com

HOUMA, LOUISIANA

Top five fastest growing MSA in NATION 100% occupancy both Single and Multi Family 5th Largest Metro in State • 439,000 Retail draw Safest City in State • 2% unemployment —— Outparcels for sale • 35,000 traffic count —— Tenant space for lease, from 1,200 s.f. to 20,000 s.f.

—— 140 Acre Mixed Use • Entitled • For Sale or J.V. page 18

January 30, 2009

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Dealmakers

looking to acquire, sell, lease and finance all types of commercial real estate, we’re the place to list your center’s availability or if you’re looking to lease or acquire, the forums make sense and best of all, they’re free!

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35,000 –72,000 S.F.

Former Mervyn’s Anchor Space available with excellent street visibility

Anchor Space for Lease

Anchor Tenants

North Main Plaza is a dynamic 280,000 S.F. Power Center, anchored by Big Lots, DD’s and Smart and Final. The North Main Street Corridor is home to Sears, Target, Staples and Kohl’s.

The North Main Plaza is located one mile north of the busy 91 Freeway and located just off of the 15 Freeway, at Hidden Valley. The center services a total trade area of over 350,000 People with an average Household Income of $70,000 in a 1 Mile radius.

For LeASe INForMATIoN CoNTACT Shannon Green / Development Partner / Arizona Partners 220 Newport Center Drive, Suite 622 - Newport Beach, CA 92660 Phone: (949) 500-2587 or (949) 723-1818 Email: sg@azpre.com

Total Population: 1 mile: 12,098 3 miles: 123,922 5 miles: 223,159 Average HH Income: 1 mile: $66,666 3 miles: $68,476 5 miles: $76,588

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include The Learning Experience, Peace A Pizza, Hair Cuttery, Jenny Craig, Starbucks, T-Mobile, Panchero’s Mexican Grill, Sleepy’s, State Farm Insurance and Subway.

Area retail includes CVS and McDonald’s.

Area demographics include a population of 968,178 within 10 miles earning $89,441 as the average household income. Also, Centennial Plaza II, located along Centennial Avenue, has spaces available of 1,400 sq.ft. and 2,705 sq.ft. Cotenants include Starbucks, EB Games, Sleepy’s, Saladworks, Sprint, Affinity, Buon Appetito, Centennial Wine Cellars, Millennium Nails, Subway and

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New Jersey

T-Mobile, along with Longhorn Steakhouse and IHOP occupying pad sites. Area retail includes ShopRite, Applebee’s, Staples, Red Lobster, Johnny Carino’s, Lowe’s Home Improvement, Wal*Mart, Panera Bread, The Sports Authority, Petco, T.G.I. Friday’s, LA Fitness, Red Robin and Home Depot.

Area demographics include a population of 954,785 within 10 miles earning $92,209 as the average household income.

For details, contact Edgewood Properties, 1260 Stelton Road, Piscataway, NJ 08854; 732-985-1900, Fax 732-985-5588; Web site: www.edgewoodproperties.com.

347,788 within 10 miles earning $105,873 as the average household income. Morris Plains – A 227,077 sq.ft. center located at the intersection of State Route 10 East and Route 202 has a 3,168 sq.ft. space available.

Kohl’s and ShopRite anchor the center.

Cotenants include Massage Envy, Five Below, Joyce Leslie, Harmon Cosmetics, Atlanta Bread Co., ProHair Cutters, Game Station, Village Spa, Terry’s Pet Depot, GNC, WaMu, Rockaway Bedding, Provident Bank and Wachovia. Area retail includes Banana Republic, Barnes & Noble, Pier 1 Imports, Super Stop & Shop and Talbots.

Area demographics include a population of 415,147 within 10 miles earning $125,499 as the average household income. Rockaway – A 182,605 sq.ft. center located at the intersection of U.S. Highway 46 and West Main Street has a 3,310 sq.ft. space available.

ShopRite anchors the center and cotenants include T.J. Maxx, Dollar Tree, WaMu, Tiger Schulmann Karate, Strauss Discount Auto, China Buffet, Wash-N-Tumble, North Jersey Dental and Applebee’s. Area retail includes Costco, Home Depot, Target, Toys “R” Us and Rockaway Shopping Center, featuring JCPenney, Lord & Taylor, Macy’s and Sears.

Area demographics include a population of 128,283 within five miles earning $110,798 as the average household income.

For details, contact Vornado Realty Trust, 210 Route 4 East, Paramus, NJ 07652; 201587-1000, Fax 201-708-6206; Web site: www.vno.com.

Englewood – The Shoppes on Dean, a 40,930 sq.ft. center located at the intersection of South Dean Street and Palisade Avenue, has a 2,124 sq.ft. space available. New York Sports Club anchors the center and cotenants include Ann Taylor Loft, Jos. A. Bank, Gymboree, Blue Mercury and M.J. Laviano.

Area demographics include a population of 1.115 million within five miles earning $63,674 as the average household income.

Garfield – A 325,598 sq.ft. center located at the intersection of Passaic Street and Lincoln Place has spaces available of 3,698 sq.ft.; 6,000 sq.ft. and 10,850 sq.ft. Wal*Mart and Home Depot anchor the center. Cotenants include Applebee’s. Area demographics include a population of 3.086 million within 10 miles earning $84,926 as the average household income. Kearny – A 123,898 sq.ft. center located at the intersection of Passaic Avenue and Bergen Avenue has spaces available of 4,000 sq.ft.; 6,000 sq.ft. and 10,000 sq.ft. Pathmark anchors the center and cotenants include Marshalls, Burger King, Applebee’s, Rainbow Car Wash and Wachovia. Area retail includes Kmart, ShopRite, Modell’s, CVS, Avenue and dressbarn. Area demographics include a population of 2.933 million within 10 miles earning $86,985 as the average household income. Middletown – A 243,008 sq.ft. center located at the intersection of State Route 35 and Twin Brook Road has spaces available of 2,012 sq.ft. and 2,500 sq.ft. Kohl’s and Super Stop & Shop anchor the center. Cotenants include RadioShack, Sally Beauty Supply, Middletown Jewelers, Haircrafters, Cost Cutters, Famous Footwear, Tiger Schulmann Karate, Villa Pizza, Hiro Sushi, Art Pro Nails, GameStop, Panera Bread, Chisel Personal Fitness, Party Gym and Valley National Bank. Area retail includes Barnes & Noble, Bed Bath & Beyond, Best Buy, Marshalls, Michaels, Modell’s, OfficeMax, Staples, Target and Whole Foods Market.

Area demographics include a population of

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Hoboken – Waterfront Corporate Center, a 50,000 sq.ft. mixed-use center located at the intersection of 2nd Street and Sinatra Drive, has a 4,709 sq.ft. space available.

Cotenants include Jos. A. Bank, Regis Salon, The Melting Pot Restaurant, Chase Bank and Club H Fitness. The asking rent is $45 psf with CAM and taxes of $5.50.

For details, contact Michael Stone, Cushman & Wakefield, Inc., Wall Street Plaza, 28th Floor, New York, NY 10005; 212-709-0790, Fax 212-214-0682; Email: michael.stone@cushwake.com.

New York Islandia – Islandia Center, a 375,000 sq.ft. center situated on 37 acres along Veteran’s Memorial Highway, has space available.

Wal*Mart and Super Stop & Shop anchor the center. Cotenants include T.J. Maxx, Dave & Buster’s, Famous Footwear, Fashion Bug, RadioShack and Starbucks.

Area demographics include a population of (continued on page twenty-two)

Bringing life, business, and community together.

A Joshua Bruno Development

4421-4427 Veterans Memorial Boulevard, Metairie, LA • LEED Certified • FIRST Live Bio-Wall Building in the Gulf Coast South; Glass Front Windows, Hurricane Proof • Located in the heart of thriving Veteran’s Blvd. directly across from Clearview Mall • Corner of Veterans Blvd. and Clearview Parkway • GLA: 16,000 +/- square feet • Available: 1,000 - 8,0000 +/- square feet • Rent: $40.00 per square foot • Tenants: Nordic Kitchen & Bath, Allstate Insurance • Patio Area: Zen Botanical Water Garden

A Joshua Bruno Company Downtown Development Group New Orleans • New York

504.309.1849 www.BrunoInc.com

• Prime location adjacent to UNO Research & Technology Park • 62,000 square-foot Class A office and retail complex • Environmentally friendly design with natural light and green common areas • LEED certified green construction, advanced M-2 building system • Hurricane-resistant construction • Fire, flood, termite, and mold resistant • Lush landscaped, lakefront park, two water features • 300 feet of Interstate I-10 Frontage

DDG properties integrate the convenience of city living with the beauty and security of suburban life

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Space Place New York

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788,144 within 10 miles earning $98,414 as the average household income.

For details, contact Polimeni International, 600 Old Country Road, Suite 425, Garden City, NY 11530; 516-393-9000, Fax 516393-9771; Web site: www.polimeni.com.

Lindenhurst – Wellwood 600 Plaza, a freestanding building situated on 1.495 acres at the intersection of North Wellwood Avenue and Farmers Avenue, has an 8,000 sq.ft. space available. Rainbow and Fitness 19 anchor the center. Area demographics include a population of 310,402 within five miles earning $80,082 as the average household income.

The average daily traffic count is 50,800 vehicles. West Hempstead – Woodfield Plaza, a 9,180 sq.ft. freestanding building situated on a land area of 34,000 sq.ft. at the intersection of Woodfield Road and Mulberry Lane is available. Area retail includes Western Beef.

Area demographics include a population of 644,270 within five miles earning $83,829 as the average household income.

For details, contact Jeffrey W. Reiss,

New York

Pennsylvania

Wellwood 600 Associates, LP or Moso Realty Services, 45 North Station Plaza, Suite 315, Great Neck, NY 11757; 516-4828900 Ext. 225, Fax 516-482-5355; Email: jreiss@cloud9.net.

sq.ft. and 14,000 sq.ft. available. Area retail includes Kmart and Wal*Mart.

For details, contact Lisa Rosenshein, Rosenshein Associates, 555 South Barry Avenue, Mamaroneck, NY 10543; 914698-3600, Fax 914-698-3939; Email: lrosenshein@rosensheinassocs.com.

Pennsylvania Lansdale – Towamencin Village, a 132,916 sq.ft. center located at the intersection of Allentown Road and Forty Foot Road, has a 10,000 sq.ft. space available. Sears Hardware, Genuardi Supermarket and Rite Aid anchor the center. Area retail includes a proposed Lowe’s Home Improvement.

Area demographics include a population of 131,155 within five miles earning $57,986 as the median household income.

For details, contact Jeff Hoffman, Hoffman Commercial Group, 794 Penllyn Pike, Suite 200, Blue Bell, PA 19422; 215-540-0600, Fax 215-641-2542; Email: j.hoffman@comcast.net; Web site: www.hoffmanre.com.

Westfall – Lowe’s Shopping Center, located at the intersection of Route 6 and Route 209, has three outparcels of 3,500 sq.ft.; 5,800

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Wilkes-Barre – South Main Plaza, a 48,000 sq.ft. strip center situated on five acres at the intersection of South Main Street and Academy Street, has a 2,400 sq.ft. space available along with two spaces of 1,200 sq.ft. and a 50,000 sq.ft. outlot. Wine and Spirits and Danny’s Fresh Market anchor the center. Cotenants include Tropic Pet Center, Taco Bell, H&R Block, PA Nails, China Queen, Pizza Fellas, Smoker’s Choice and Crown Fried Chicken. Area demographics include a population of 125,000 within five miles. The average daily traffic count is 26,000 vehicles. The asking rent is $10 psf NNN with CAM of $3 psf.

For details, contact Dino Ferri, South Main Plaza, 2 Roosevelt Avenue, Lake Hiawatha, NJ 07034; 973-265-4234; Email: dcferri@optonline.net. DM

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January 30, 2009

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From design concept through project completion, DonahueFavret Contractors sets the standard for construction excellence throughout the Gulf South.

3030 East Causeway Approach • Mandeville, LA 70448 • 800.626.4431 • DonahueFavret.com