Dealmakers Magazine | February 3, 2012

Page 1

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

Volume XXVII No. V

February 3, 2012

Apparel Chains Expand Nationwide Rainbow Apparel Cos. operates 1,200 locations nationwide, as well as in Puerto Rico and the Virgin Islands. The stores, offering discounted juniors’, plus-size and children’s apparel, as well as accessories and footwear, occupy spaces of 5,000 sq.ft. to 10,000 sq.ft. in malls, downtown areas and strip centers. Growth opportunities are sought throughout upstate NY and the Hudson Valley region, as well as in western PA, during the coming 18 months, with representation by Flaum Management Co. Inc. Preferred cotenants include fashion retailers, discount and department stores and supermarkets. For more information, contact Scott Burdett, Flaum Management Co., Inc., 400 Andrews Street, Suite 500, Rochester, NY 14604; 585-546-4866, Fax 585-325-6058; Email: sburdett@flaummgt.com; Web site: www.rainbowshops.com. Maidenform operates 76 locations nationwide and throughout Puerto Rico. The stores, offering women’s intimate apparel, occupy spaces of 2,200 sq.ft. in lifestyle and outlet centers. Growth opportunities are sought nationwide, excluding the midwestern region, during the coming 18 months. Typical leases run five years. A vanilla shell and specific improvements are required. For more information, contact Lynn ManciniWeiner, Maidenform, 485 F Route 1 South, Iselin, NJ 08830; 203-881-9926, Fax 203-8819929; Email: lweiner@maidenform.com; Web site: www.maidenform.com.

Formal Specialists, Ltd. trades as Al’s Formal Wear at 100 locations throughout AR, CO, LA, MS, OK and TX. The stores, offering men’s tuxedos and formal apparel, occupy spaces of 900 sq.ft. to 1,500 sq.ft. in malls and power centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run five years with options. Preferred demographics include a population of 125,000 within five miles earning $50,000 as the median household income. For more information, contact Ellis Rushefsky, Formal Specialists, Ltd., 7807 Main Street, Houston, TX 77030; 713-796-7006, Fax 713796-7123; Email: ellis.rushefsky@alsformalwear.com; Web site: www.alsformalwear.com. Peace Frogs operates 41 locations throughout DE, FL, MA, MD, MI, MO, MS, NJ, SC, TX, VA and Washington, DC. The stores, offering apparel and accessories, occupy spaces of 100 sq.ft. to 800 sq.ft. in tourist destinations. Growth opportunities are sought throughout CA and the Caribbean during the coming 18 months. Typical leases run two to five years. Preferred demographics include a trade-area population of 500,000. The company is franchising. For more information, contact Catesby Jones, Peace Frogs, PO Box 137, Whitemarsh, VA 23183; 804-695-1314 Ext. 222, Fax 804-6951714; Email: catesby@mindspring.com; Web site: www.peacefrogs.com. (continued on page eight)

This issue contains information on:

* Retailers operating 58,663 locations with plans to open 3,948 sites * Real estate valued in excess of $226.2 million to be bought, sold & financed * Leasing activity on over 6.5 million sq.ft. of retail properties

Important News Please Expedite

Postmaster: Periodical

Featuring ICSC North Florida Idea Exchange New Construction Forest City Enterprises, Inc. developing projects in CA, NY, TX and Washington, DC Pg. 3 Buyers and Sellers Marcus & Millichap selling a 67,318 sq.ft. center in Roswell, GA.......................... Pg. 4 Food Retailers Expand Bad Ass Coffee Co. seeking sites nationwide and internationally Pg. 5 Openings Urban Outfitters, Inc. opening 55 to 60 stores during its 2013 fiscal year.............................. Pg. 6 Lease Signings DLC Management Corp. signed leases in AL, FL, GA and TX................................... Pg. 7 In the News Grubb & Ellis Co. hired John Rapp as vice president, retail group.................................... Pg. 7 Sources of Financing Meridian Capital Group, LLC arranged financing for properties throughout NY...... Pg. 8 Lead Sheet Super – Lube seeking sites throughout FL and WI............ Pg. 9 Pinch A Penny, Inc. to grow throughout FL and southern GA........................................ Pg. 12 Space Place........................... Pg. 13 Exclusives Jeffery Realty, Inc. represents retailers throughout markets in NJ...................................... Pg. 13

For more news go to: www.dealmakers.net Mobile Access Code: northFL2012


RAVENSWORTH SHOPPING CENTER

Sun

oco

#SBEEPDL 3PBE * 4QSJOHmFME 7"

Pr Phaopose rma d cy

4.3'

10'

I-49

5

Ban Pad k

Sandy Spring Bank

17'

29.87'

24.88'

34.03'

174.31'

Proposed New Grocery +45,000 SF

153.62'

251.48'

Available 2012-2014

CURRENT TENANTS

Available 2015

Not Available

HIGHLIGHTS A

t $PNQMFUF 3FOPWBUJPO 'BDFMJGU &YQBOTJPO t 5PUBM (-" 4' t -PDBUFE JO UIF IFBSU PG 'BJSGBY $PVOUZ 7" t * )PU -BOFT 0QFO t 5SBGmD $PVOU PG "%5

AVAILABLE SPACE

DEMOGRAPHICS .JMF

.JMF

.JMF

1PQVMBUJPO

"WH )) *ODPNF

t (SPDFSZ 4UPSF 1BE t %SVH 4UPSF 1BE t #BOL 1BE t *OMJOF TQBDFT GSPN 4' For More Information, Contact: George W. Stewart, IV President / Broker George@StewartCRS.com Direct (703) 395-5600


New Construction RS AUG Real Estate is preleasing Willow 14, a 22,540 sq.ft. mixed-use project located at the intersection of 14th Street and Willow Avenue in Hoboken, NJ. Space is available. Area retail includes CVS, Burlington Coat Factory, New York Sports Club, Chase Bank and Rite Aid. Area demographics include a trade-area population of 43,983 earning $120,643 as the average household income. The project is slated to open during spring 2013. For more information, contact Richard Schulz, RS AUG Real Estate; 201-533-9100; Email: rschulz@rsaug.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............................................... Adam Taliercio adamt@dealmakers.net Customer Service....................... Bridget Thoresen custserv@dealmakers.net Founder..................................................... Ted Kraus 1979–2007

The Dealmakers (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. TM

The Dealmakers TM reports on over 20,000 retailers, developers and management companies every year. It is written by real estate professionals for real estate professionals. The newsletter keeps readers abreast of the latest leasing, development and management changes occurring in the real estate industry on a weekly basis. NOTE: Current federal law requires written consent from a company prior to utilizing the published fax number. Share The Dealmakers TM with your organization or service for free. Just let us know when your next meeting is and we'll send you copies of our issue for free for your members to learn how to be a better dealmaker! POSTMASTER: Send address changes to The Dealmakers, PO Box 2630 Mercerville, NJ 086900630. Periodical postage paid at Trenton, NJ and at additional mailing offices. Affiliated with Tenant Search, E.S.P., E-Blast Copyright 2011 by TKO Real Estate Advisory Group Inc. 609-587-6200, fax 609-587-3511.

Forest City Enterprises, Inc. is developing Capper Carrollsburg, a 2.677-million sq.ft. mixed-use project located in Washington, DC. The project will feature retail, office and residential components. The company is also developing Central Station, a 19.485-million sq.ft. mixed-use project located in Chicago, IL. The project will feature retail, office and residential components. The company is also developing East River Plaza, a 500,000 sq.ft. power center project located in Manhattan, NY. Cotenants include Costco, Target, Best Buy and Marshalls. The company is also developing Frisco North, a 16-million sq.ft. mixed-use project located in Frisco, TX. The project will include retail, office, residential and hospitality components. The company is also developing Konterra City Center East, a 2.5-million mixed-use project located in Prince George’s County, MD. The project will include retail, residential and office components. The company is also developing Mill Basin, a 120,000 sq.ft. project located in Brooklyn, NY. The company is also developing The Shops at Oak Valley, a two-million sq.ft. mixeduse project located in Calimesa, CA. The project will feature retail, office, residential and hospitality components. The company is also developing Waterfront Station, a 2.526-million sq.ft. mixed-use project located in Washington, DC. The project will feature retail, residential and office components. The company is also developing Westchester’s Ridge Hill, a 2.5-million sq.ft. mixed-use project located in Westchester County, NY. Cotenants include Whole Foods Market, L.L. Bean, The Cheesecake Factory, Sephora and Lord & Taylor. The company is also developing The Yards, an 11.9-million sq.ft. mixed-use project located in Washington, DC. The project will include retail, office, residential and entertainment components. For more information, contact Forest City Enterprises, Inc., 50 Public Square, Suite 1026, Cleveland, OH 44113; 216-621-6060; Web site: www.forestcity.net. Stoltz is preleasing The Shops at Cheyenne, a 180,000 sq.ft. project located at the intersection of Cheyenne Avenue and Clayton Street in North Las Vegas, NV. Spaces from 4,000 sq.ft. to 80,000 sq.ft. are available. Area demographics include a population of 141,015 within three miles earning $55,394 as the average household income. The average daily traffic count is 36,000 vehicles. For more information, contact Joseph S. Soussana, Stoltz, 725 Conshohocken State Road, Bala Cynwyd, PA 19004; 888777-3557 Ext. 202, Fax 610-664-1976; Email: jsoussana@stoltzusa.com; Web site: www.stoltzusa.com. www.dealmakers.net

The

Acadia Realty Trust is preleasing Sherman Plaza, a 20,242 sq.ft. mixed-use project located at the intersection of Broadway and Sherman Avenue in New York, NY. Spaces of 8,967 sq.ft. and 11,275 sq.ft. are available. Area retail includes Dunkin’ Donuts, CVS and Pathmark. Area demographics include a population of 532,763 within two miles earning $49,370 as the average household income. The company is also preleasing Station Plaza, a 240,000 sq.ft. neighborhood shopping center project located along Sheepshead Bay Road in Brooklyn, NY. Space is available. Area retail includes Stop & Shop, Staples, Bally Total Fitness, Waldbaum’s and GNC. Area demographics include a population of 554,910 within three miles earning $60,962 as the average household income. For more information, contact Christopher Conlon, Acadia Realty Trust, 1311 Mamaroneck Avenue, Suite 260, White Plains, NY 10605; 914-288-8100; Email: cconlon@acadiarealty.com. Brandolini Cos. is preleasing the second phase of Providence Town Center, a 780,000 sq.ft. regional project located at the intersection of Route 422 and Route 29 in Collegeville, PA. Junior anchor and shop spaces are available along with pad sites. Wegmans anchors the first phase of the center and cotenants include Best Buy, LA Fitness, Dick’s Sporting Goods and HomeGoods. Area retail includes Acme, Genuardi’s, Rite Aid, Kohl’s, T.J. Maxx, Giant and Kmart. Area demographics include a population of 113,544 within five miles earning $88,632 as the average household income. The average daily traffic count is 64,120 vehicles. For more information, contact David Waterman or Lance Billingsley, Brandolini Cos., 1301 Lancaster Avenue, Berwyn, PA 19312; 610-640-9800, Fax 610-640-9058; Web site: www.brandolinicompanies.com. Flaum Management Co., Inc. is developing Jackson Shopping Center, a 400,000 sq.ft. regional power center project situated on 74.25 acres along North County Line Road in Jackson Township, NJ. Area retail includes Walgreens, Burger King, Friendly’s, PNC Bank, Hallmark, ShopRite, AT&T Mobility and McDonald’s. Area demographics include a population of 159,832 within seven miles earning $95,029 as the average household income. For more information, contact Michael Palumbo, Flaum Management Co., Inc., 400 Andrews Street, Suite 500, Rochester, NY 14604; 585-546-4866, Fax 585-325-6058; Email: mpalumbo@flaummgt.com; Web site: www.flaummgt.com. DM

Dealmakers

February 3, 2012

page 3


Buyers and Sellers Calkain Cos. is selling a Mobil situated on 0.86 acres in St. Petersburg, FL. The tenant is bound to a NNN lease set to expire during November 2023 featuring annual rent escalations of 3%. Area retail includes Walgreens. The asking price is $2.765 million with a Cap rate of 7.25%. The company is also selling Massaponax Retail Center, a 20,000 sq.ft. strip center located at the intersection of Massaponax Drive and Spotsylvania Parkway in Fredericksburg, VA. Target shadow-anchors the property and tenants include Sleepy’s, Subway, PanAsian and Mexican Grill. Area retail includes Best Buy, Staples, Dick’s Sporting Goods, Kohl’s, Capital One Bank, CVS, Sonic Drive-In, Panera Bread, Bank of America, Wawa, Rite Aid, Red Robin and Arby’s. Area draws include HCA Spotsylvania Regional Medical Center. The average daily traffic count is 210,000 vehicles. The NOI is $566,428. The asking price is $7.55 million with a Cap rate of 7.5%. For more information regarding the St. Petersburg property, contact Patrick Nutt or Scott Black, Calkain Cos.; 813-2826000; Emails: pnutt@calkain.com and sblack@calkain.com; Web site: www.calkain.com. For more information regarding the Fredericksburg property, contact Betty Learned Friant; 703-787-4714 Ext. 16; Email: bfriant@calkain.com. Franklin Street Real Estate is selling an AT&T Mobility located at the intersection of State Route 200 and Southwest 43rd Court in Ocala, FL. The tenant is bound to a 10-year NN lease featuring three, five-year options and rent escalations. Area retail includes Sam’s Club, McDonald’s, hhgregg, Kohl’s and The Sports Authority. The average daily traffic count is 35,000 vehicles. The asking price is $2.4 million with a Cap rate of 7.5%. For more information, contact Mac McCall or Bryan Belk, Franklin Street Real Estate, 3525 Piedmont Road Northeast, Building 8, Suite 420, Atlanta, GA 30305; 404-832-1253/1251, Fax 404-842-1755; Emails: mac.mccall@fsfp.com and bryan.belk@fsfp.com; Web site: www.fsfp.com. Lincoln Harris is selling divisible outlots from 1.02 acres to 1.49 acres located at the intersection of CC Camp Road and Interstate 77 in Elkin, NC. Area retail includes Walmart Supercenter and Lowe’s Home Improvement. Area demographics include a population of 34,699 within 10 miles earning $48,585 as the average household income. For more information, contact James Mattox or Brian Purcell, Lincoln Harris; 919-645-6966 or 704-887-1236; Emails: jmattox@lincolnharris.com and brian.purcell@lincolnharris.com; Web site: www.lincolnharris.com. page 4

February 3, 2012

The

Bull Realty, Inc. is selling a Dollar General Market located in Jackson, GA. The tenant is bound to a NN lease with 12 years remaining on the initial term. The asking price reflects a Cap rate of 8.2%. The company is also selling a Family Dollar located in Harrells, NC. The tenant is bound to a NN lease with 9.5 years remaining on the initial term. The asking price reflects a Cap rate of 8.75%. The company is also selling a Family Dollar located in Oberlin, LA. The tenant is bound to a NN lease commenced during October 2011. The asking price reflects a Cap rate of 8.6%. The company is also selling a Family Dollar located in Warren, TX. The tenant is bound to a NN lease with 10.5 years remaining on the initial term. The company is also selling a former restaurant located in Covington, GA. The company is also selling a Dollar General located in Anniston, AL. The tenant is bound to a NN lease commenced during March 2009.The asking price reflects a Cap rate of 10.3%. The company is also selling a Dollar General located in Hattiesburg, MS. The tenant is bound to a NN lease with nine years remaining on the initial term. The asking price reflects a Cap rate of 8.34%. For more information, contact Nancy Miller or Sheree Berk, Bull Realty, Inc., 1801 Piedmont Avenue, Atlanta, GA 30324; 404876-1640; Emails: nancy@bullrealty.com and sheree@bullrealty.com; Web site: www.bullrealty.com. Marcus & Millichap Real Estate Investment Services is selling Crossville Village, a 67,318 sq.ft. center situated on 7.76 acres at the intersection of Alpharetta Highway and Crossville Road in Roswell, GA. Tenants include Stoney River Legendary Steaks, Roswell Beverage, Performance Bicycle, The Cake Shop, Tucci’s Unique Furnishings and AutoZone. Area demographics include a population of 187,827 within five miles earning $120,000 as the average household income. The average daily traffic count is 56,580 vehicles. The NOI is $783,141. The asking price is $9.55 million with a Cap rate of 8.2%. For more information, contact Marcus & Millichap Real Estate Investment Services, 1100 Abernathy Road Northeast, Building 500, Suite 600, Atlanta, GA 30328; 678808-2700, Fax 678-808-2710; Web site: www.marcusmillichap.com. Twin Rivers Capital, LLC is selling a 5,358 sq.ft. multi-tenant building situated on 0.66 acres along Whiskey Road in Aiken, SC. The property is 77% occupied with tenants including AT&T Mobility. Area retail includes Walmart Supercenter and Aiken Mall. The average daily traffic count

Dealmakers

www.dealmakers.net

is 18,500 vehicles. The NOI is $127,388. The asking price is $1.5 million with a Cap rate of 8.5%. The company is also selling a 10.5-acre parcel located along Highway 52 in St. Stephen, SC. Area retail includes Dollar General, IGA, Subway and Family Dollar. Area demographics include a population of 15,488 within 10 miles earning $46,435 as the average household income. The average daily traffic count is 7,500 vehicles. The asking price is $495,000. For more information regarding the Aiken property, contact JJ Lamberson, Twin Rivers Capital, LLC, 125-G Wappoo Creek Drive, Charleston, SC 29412; 843-722-9925, Fax 843-722-9947; Web site: www.twinriverscap.com. For more information regarding the St. Stephen property, contact Phil Rose; Email: phil@twinriverscap.com. Kotis is selling a 3.65-acre parcel at Crossroads Center, a mixed-use center situated on 47 acres along East Campus View Road in Columbus, OH. The parcel features two restaurant buildings. Area retail includes Ruth’s Chris Steakhouse, Bravo, Champs, J. Alexander’s, Starbucks and Bob Evans. Area demographics include a population of 225,895 within five miles earning $82,312 as the average household income. The average daily traffic count is 97,712 vehicles. The asking price is $2 million. For more information, contact Kotis, PO Box 9296, Greensboro, NC 27429; 336-5742000; Web site: www.kotis.org. The Muntzing-Sattele Co. is selling a 2,700 sq.ft. building situated on 0.80 acres at Rivermont Square, located along Holcomb Bridge Road in Alpharetta, GA. Area retail includes Kroger, Studio Movie Grill, Marshalls and SuperTarget. Area demographics include a population of 205,729 within five miles earning $116,630 as the average household income. The average daily traffic count is 43,370 vehicles. For more information, contact Tina Dyer or Bob Francisco, The Muntzing-Sattele Co., 1155 Hammond Drive, Suite 5250, Building E, Atlanta, GA 30328; 770-396-1099, Fax 770-668-0122, Emails: tdyer@munsat.com and bfrancisco@munsat.com; Web site: D M www.munsat.com.

why wait for the post office? you can read the issues online at www.dealmakers.net.


Food Retailers Expand Nationwide Focus Brands trades as Carvel at 500 locations and as Cinnabon at more than 750 locations nationwide and internationally. The shops occupy spaces of 1,000 sq.ft. to 1,800 sq.ft. in freestanding locations, malls, urban/downtown areas and entertainment, lifestyle, power, specialty and tourist centers. The company plans to relocate existing units throughout northern and central NJ during the coming 18 months, with representation by Evergreen Commercial Real Estate. Typical leases run 10 years. A vanilla shell and specific improvements are required. Preferred cotenants include grocery stores and pharmacies. Major competitors include TCBY, Dairy Queen and Baskin-Robbins. The company also trades as Moe’s Southwest Grill at more than 420 locations nationwide. The southwestern restaurants occupy spaces of 2,400 sq.ft. to 3,000 sq.ft. in freestanding locations, malls, urban/downtown areas and entertainment, lifestyle, power and specialty centers. Growth opportunities are sought throughout northern and central NJ during the coming 18 months, with representation by Evergreen Commercial Real Estate. Typical leases run 10 years with two, five-year options. A vanilla shell and specific improvements are required. Preferred cotenants include big box retailers and grocery stores. The company prefers to locate in endcaps of shopping centers. For more information, contact Douglas Balduini, Evergreen Commercial Real Estate, 1037 U.S. Highway 46, Suite 204, Clifton, NJ 07013; 973-332-0518, Fax 973-4709821; Email: dougb@evergreencommercial.com; Web site: www.evergreencommercial.com. Bad Ass Coffee Co. of Hawaii, Inc. trades as Bad Ass Coffee Co. at 51 locations nationwide and internationally. The coffee shops occupy spaces of 1,500 sq.ft. in freestanding locations, urban/ downtown areas and endcaps of shopping centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run five to 10 years. A vanilla shell and specific improvements are required. Preferred demographics include a population of 50,000 within three miles earning $50,000 as the average household income. Major competitors include Starbucks. The company is franchising, and prefers to locate in sites with a drive-thru. For more information, contact Harold Hill, Bad Ass Coffee Co. of Hawaii, Inc., 155 West Malvern Avenue, Salt Lake City, UT 84115; 801-428-0823, Fax 801-463-2606; Email: haroldh@badasscoffee.com; Web site: www.badasscoffee.com.

Starbucks operates more than 17,000 locations nationwide and internationally. The coffee shops occupy spaces of 1,800 sq.ft. to 2,000 sq.ft. in freestanding locations and endcaps of shopping centers with a drive-thru, and of 1,600 sq.ft. to 2,000 sq.ft. in downtown areas and endcaps without a drive-thru. Growth opportunities are sought throughout CT, northern NJ and Westchester and Hudson Valley, NY during the coming 18 months, with representation by Fairfield Retail Partners, LLC. For more information regarding expansion throughout CT, contact Mike Shanahan, Fairfield Retail Partners, LLC, 88 Ryders Lane, Stratford, CT 06614; 203-870-8200, Fax 203870-8201; Email: mshanahan@fairfieldretail.com; Web site: www.fairfieldretail.com. For more information regarding expansion throughout NJ and NY, contact Tom Zuber; Email: tzuber@fairfieldretail.com. Patxi’s Chicago Pizza operates six locations throughout CA. The pizzerias occupy spaces of 1,500 sq.ft. to 3,000 sq.ft. in urban areas. Plans call for four openings throughout the East Bay area of CA during the coming 12 months, with representation by Main Street Property Services, Inc. Preferred demographics include a trade-area population earning more than $80,000 as the average household income. The company prefers locations in areas with strong daytime demographics. For more information, contact Ryan Semmelmeyer, Main Street Property Services, Inc., 3569 Mt. Diablo Boulevard, Suite 200, Lafayette, CA 94549; 888-322-6246, Fax 925-284-2331; Email: ryan@mspsinc.com; Web site: www.mspsinc.com. Wildflower Bread Co. operates 11 locations throughout AZ. The restaurants, offering breakfast, lunch and dinner, and also featuring a bakery, occupy spaces of 4,200 sq.ft. to 4,600 sq.ft. in malls and mixed-use and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Major competitors include Chipotle, Firstwatch, Paradise Bakery and fast-casual restaurants. The company will also consider freestanding locations. For more information, contact Louis Basile, Wildflower Bread Co., 7755 East Grey Road, Scottsdale, AZ 85260; 480-9519453 Ext. 202, Fax 480-951-9464; Email: lbasile@wildflowerbread.com; Web site: www.wildflowerbread.com. Sarku Japan operates more than 200 locations nationwide. The Japanese restaurants occupy spaces of 1,600 sq.ft. to 2,000 sq.ft. in store fronts and endcaps and inline spaces of shopping centers. Growth opportunities are sought throughout central and northern www.dealmakers.net

The

NJ, as well as Rockland and Staten Island, NY, during the coming 18 months, with representation by Summit Realty, LLC. Preferred demographics include a residential population of 35,000 and a daytime population of 10,000 within two miles. For more information, contact Bob Delia, Summit Realty, LLC, 9 White Oak Drive, Califon, NJ 07830; 908-832-0276; Email: bdelia@summitrealtyllc.com; Web site: www.summitrealtyllc.com. Asian Bistro operates eight locations throughout CT, NJ and NY. The sushi and hibachi restaurants occupy spaces of 4,000 sq.ft. to 6,000 sq.ft. in power and strip centers. Plans call for two to three openings in CT and Westchester County, NY during the coming 18 months, with representation by The Cambridge Group. Typical leases run 15 to 20 years. Preferred cotenants include supermarkets and high-end apparel retailers. Preferred demographics include a population of 45,000 within five miles earning $65,000 as the average household income. Major competitors include Benihana and Nobu. For more information, contact Robert Berke, The Cambridge Group, 2614 Boston Post Road, Guilford, CT 06437; 203-458-1700, Fax 203-458-1730; Email: cambridge_re@yahoo.com. Steak ‘N Shake operates 500 locations throughout 22 states nationwide. The restaurants, offering burgers and shakes, occupy spaces of 3,200 sq.ft. in freestanding locations and pad sites of shopping centers. Plans call for three openings throughout the greater Denver, CO area during the coming 18 months, with representation by AXIO Commercial Real Estate. A drive-thru and a land area of one acre are required. For more information, contact John Livaditis, AXIO Commercial Real Estate, 1060 Bannock Street, Suite 300, Denver, CO 80204; 303-592-7300; Email: john@axiore.com; Web site: www.axiore.com. Golden Corral operates 500 locations throughout 40 states nationwide. The family buffet restaurants occupy spaces of 11,088 sq.ft. in freestanding locations and pad sites and endcaps of power centers. Growth opportunities are sought throughout southern CA during the coming 18 months, with representation by Keller Williams Signature Realty. The company prefers to locate in centers featuring a GLA of at least 500,000 sq.ft., and prefers site submittals to be sent via email. For more information, contact Kelvin Chen, Keller Williams Signature Realty; D Email: kelvinchen88@yahoo.com. M

Dealmakers

February 3, 2012

page 5


Home W ho’s-ROelated peningCand hains Where Expand Nationwide Recreational Equipment, Inc. (253-3953780) will open a 21,000 sq.ft. REI store in space formerly tenanted by Anthropologie and Coldwater Creek at Rookwood Commons, located in Norwood, OH. The store will be the company’s first in the state. Construction on the site began last month with an opening projected for the fall. The company also plans to open a location in Indianapolis, IN this spring, which will be the company’s first in the state. The company currently operates 122 locations, offering equipment and apparel for camping, climbing, cycling, hiking, paddling, snow sports and other outdoor activities, nationwide throughout 28 states. Papa Murphy’s International, Inc. (360-2607272) plans to open seven Papa Murphy’s pizza shops throughout the Inland Empire area of CA, having opened its first in Murrieta, CA late last year, as part of a plan to open between 150 and 200 locations annually nationwide. Planned openings include locations in Murrieta, Hemet, Menifee and Lake Elsinore, as well as a unit in Temecula slated to open during September. The company operates more than 1,200 locations, offering unbaked pizzas meant to be prepared at home, throughout 37 states nationwide. Wal-Mart Stores, Inc. (479-273-4000) plans to open a 45,000 sq.ft. Walmart Market store on 3.7 acres along Highway 99 in Lynwood, WA. The store is slated to open during the middle of the year and will be the company’s first in the state for the concept, as part of a plan to operate 300 Walmart Markets nationwide by 2013. The company currently operates more than 9,000 locations nationwide and internationally throughout 15 countries, including nearly 3,000 Walmart Supercenter locations and 160 Walmart Market stores. Earth Fare, Inc. (828-281-4800) plans to open as many as 10 to 12 Earth Fare grocery stores throughout OH, as part of a plan to eventually operate 150 locations nationwide. Expansion plans include a location in Columbus slated to open during the spring. The stores offer local and organic produce as well as prepared meals, and also feature meat and seafood departments. The company operates locations throughout AL, FL, GA, NC, OH, SC and TN. TJX Cos., Inc. (508-390-1000) will open a T.J. Maxx store in Ames, IA during the fall. The company currently operates 2,700 locations nationwide under the T.J. Maxx, Marshalls, HomeGoods and A.J. Wright trade names. page 6

February 3, 2012

The

Dick’s Sporting Goods, Inc. (724-273-3400) will open a Dick’s Sporting Goods store in part of a former Walmart space at Indian Hills Plaza, located at the intersection of Mission Road and Bluegrass Road in Union Township, MI. The store is slated to open during the fall and will join Jo-Ann Fabrics and Kroger at the center. The company also plans to open more than 400 locations nationwide during the coming several years, with the goal of eventually operating more than 900 locations nationwide. The company currently operates more than 450 locations throughout 42 states nationwide. hhgregg, Inc. (317-848-8710) will open a 25,000 sq.ft. hhgregg store in a former Office Depot at Ross Towne Center, located along McKnight Road in North Hills, PA. The store is slated to open during the spring and will join Panera Bread, Pier 1 Imports, Ross Dress for Less, Jo-Ann Fabrics, Plato’s Closet and Lane Bryant at the center. The company currently operates 208 locations throughout AL, DE, FL, GA, IL, IN, KY, MD, MS, NJ, NC, OH, PA, SC, TN and VA.

Pizza Patron, Inc. (972-613-8000), through a development agreement with California Brand Development, I-99, LLC, plans to open 20 Pizza Patron restaurants along the Highway 99 corridor of the Fresno, CA area within the coming two years. Planned units include a location along North First Street opened during December, which marked the company’s entry into the area; a location in Atwater opened last month, and a store located at the intersection of Butler and Chestnut Avenue in Fresno slated to open this month. The company currently operates more than 100 locations throughout seven states nationwide. Costco Wholesale Corp. (425-313-8100) plans to open a 145,000 sq.ft. Costco store at a 300,000 sq.ft. project under development in Cedar Park, TX. Construction on the store is slated to begin during the summer with an opening projected for later in the year. The store will be the company’s third in central TX. The company currently operates 600 locations throughout 40 states nationwide, as well as internationally.

L.L.Bean, Inc. (207-552-3028) plans to open a 15,000 sq.ft. L.L. Bean store at Danbury Fair Mall, located in Danbury, CT. The store will be the company’s third in the state, is slated to open during April and will join Macy’s, The Cheesecake Factory, Dick’s Sporting Goods, XXI Forever, Brio Tuscan Grille, Brooks Brothers and bebe at the center. The company currently operates 33 locations throughout 10 states nationwide.

Urban Outfitters, Inc. (215-454-5500) plans to open between 55 and 60 stores during its 2013 fiscal year, having opened 57 locations nationwide and internationally during its 2012 fiscal year, including 15 Anthropologie stores, 20 Free People locations, 21 Urban Outfitters stores and 1 BHLDN location. The company trades as Urban Outfitters, Anthropologie, Free People, BHLDN, Leifsdottir and Terrain.

Sunflower Farmers Market (303-530-4809) plans to open a grocery store along East Glendale Avenue in Phoenix, AZ. The store is slated to open during early 2013 and will be the company’s eighth in the Phoenix area. The company currently operates 35 locations, offering value-priced natural and organic groceries, throughout eight states nationwide.

Dollar General Corp. (615-855-4000) plans to open as many as 40 Dollar General Market stores during 2012, as part of a plan to open 625 stores nationwide during the year. The company currently operates more than 9,800 stores nationwide, including 62 Dollar General Markets, which offer fresh produce and other perishable food items, throughout nine states.

Best Buy Co., Inc. (612-291-1000) will open a 35,000 sq.ft. Best Buy store in a former Linens ‘N Things at Spectrum Towne Center, located along Grand Avenue in Chino, CA. The store is slated to open during October and will join Walmart, Nordstrom Rack, Sam’s Club and Kohl’s at the center. The Kroger Co. (513-762-4000) plans to open a 124,000 sq.ft. Marketplace store in a former movie theater at Florence Square, located along Mall Road in Florence, KY. The store will feature home goods, furniture and other items not featured in standard Kroger locations.

Dealmakers

www.dealmakers.net

Wakefern Food Corp. (908-527-3300) plans to open ShopRite supermarkets in Colonie and Slingerlands, NY. The company will also open a location in a former OTB along Central Avenue in Albany, NY during the spring. The store will feature delivery services, Wi-Fi services and an on-site nutritionist. Publix Super Markets, Inc. (863-6881188) plans to open a 49,533 sq.ft. Publix supermarket on 12.2 acres at Avenue of the Flowers Shopping Center, located in Longboat Key, FL. The store will replace an existing, smaller Publix at the center. The company operates more than 1,000 locations D M throughout five states nationwide.


Real Estate Professionals Making the News

Lease Signings Cassidy Turley BRE Commercial (858-6255244) negotiated a 10-year lease with The Kebab Shop Little Italy, Inc. for 1,864 sq.ft. along West Beech Street in San Diego, CA. The company represented the landlord, City Mark Properties, LLC, in the transaction. The company also negotiated a five-year lease with Tempo X Sports, LLC for 1,400 sq.ft. along South Melrose Drive in San Diego, CA. The company represented the landlord, TMACK, LLC, and NAI San Diego represented the tenant in the transaction. The company also negotiated a three-year, nine-month lease with Ecomart, Inc. for 9,508 sq.ft. along Clairemont Mesa Boulevard in San Diego, CA. The company represented the tenant and Voit Real Estate Services represented the landlord, Diversified Properties c/o The Kirk Group, in the transaction. The company also negotiated a nine-year, 11-month lease with Kenny Brothers, Inc. for a 1,326 sq.ft. Jersey Mike’s along Herschel Avenue in La Jolla, CA. The company represented the tenant in the transaction. DLC Management Corp. (914-631-3131) signed a lease with PJS Market for 80,160 sq.ft. at Tara Crossing Shopping Center in Jonesboro, GA. The company also signed a lease with Little Farmers Market for 47,955 sq.ft. at Riverdale Crossing in Riverdale, GA. The company also signed leases with Essex Bargain Hunt for 38,117 sq.ft. and with Tuesday Morning for 8,020 sq.ft. at Florence Square in Florence, AL. Kmart and T.J. Maxx anchor the center. The company also signed a lease with Fallas Parades for 22,300 sq.ft. at Whiterock Marketplace in Dallas, TX. Cotenants include Ross Dress for Less, Shoe Carnival, Marshalls and Home Depot. The company also signed leases with Dollar Tree for 12,000 sq.ft. and with The Fresh Market for 18,500 sq.ft. at Ocean East Mall in Stuart, FL. Fameco Real Estate, LP (610-834-8000) negotiated a lease with Platypus Custom Home Furnishings for 5,005 sq.ft. at The Streets of Chester, a 104,682 sq.ft. lifestyle center in Chester, NJ. Cotenants include Chico’s, White House|Black Market, Coldwater Creek and Gap. The company represented the landlord, Core Plus Properties, and Welco Realty represented the tenant in the transaction. Metro Commercial Real Estate, Inc. (856-866-1900) negotiated a lease with Athleta for 4,000 sq.ft. along Walnut Street in Philadelphia, PA. The company represented the tenant, a ladies’ athletic apparel chain, in the transaction.

Mid-America Real Estate – Wisconsin, LLC (414-273-4600) negotiated a lease with Buffalo Wild Wings for 3,560 sq.ft. at Casaloma and College, located in Appleton, WI. The company represented the tenant in the transaction. The company also negotiated a lease with Yo Mama! for 2,200 sq.ft. at Ruby Isle, located along North Calhoun Road in Brookfield, WI. The company represented the landlord in the transaction. The company also negotiated a lease with Orange Leaf Frozen Yogurt for 2,200 sq.ft. at Shoppes at Fox River, located along West Sunset Drive in Waukesha, WI. The company represented the landlord in the transaction. The company also negotiated a lease with Liberty Tax for 1,200 sq.ft. at Highland Ridge, located along Wisconsin Avenue in Grafton, WI. The company represented the landlord in the transaction. The company also negotiated a lease with Americash Loans for 1,575 sq.ft. at 60th and Capitol Center, located along West Capitol Drive in Milwaukee, WI. The company represented the tenant in the transaction. Venture Commercial Real Estate, LLC (214-378-1212) negotiated a lease with LA Fitness for 50,000 sq.ft. at Cityville at Cityplace, a mixed-use center located at the intersection of North Haskell Avenue and U.S. Highway 75 in Dallas, TX. The company represented the tenant and United Commercial Realty represented the landlord, Cityville Dallas Haskell, LP, in the transaction. Signature Associates (248-359-0608) negotiated a lease with Action Sportswear, Inc. for 2,500 sq.ft. along Groesbeck Highway in Fraser, MI. The company represented the landlord, Marcin Co., LLC, and the tenant in the transaction. The company also negotiated a lease with Just Baked for 1,400 sq.ft. along Mack Avenue in Grosse Pointe Woods, MI. The company represented the tenant in the transaction. The company also negotiated a lease with Lady Jane’s Haircuts for 1,440 sq.ft. along Baltimore-Reynoldsburg Road in Pickerington, OH. The company represented the tenant in the transaction. Mid-America Real Estate – Michigan, Inc. (248-855-6800) negotiated a lease with Verizon Wireless for 2,500 sq.ft. at Shops at Macomb Park, located at the intersection of 26 Mile Road and Romeo Plank Road in Macomb Township, MI. The company represented the landlord, Macomb Park 2, LLC, and Signature Associates represented the tenant in the transaction. DM www.dealmakers.net

The

Berger Commercial Realty Corp. (954-3580900) hired Scott Berger as a sales agent. He specializes in commercial sales and leasing, as well as property management, and will focus on the sale and leasing of retail, office and industrial properties. The company is a full-service commercial real estate firm offering tenant and buyer representation and property management services, as well as agency and project leasing, capital advisory and investment sales, construction and project management and retail services. Grubb & Ellis Co. (800-877-9066) hired John Rapp as vice president, retail group. He will also serve as a member of the company’s petroleum services group. Prior to joining the company, Rapp served as manager, retail sales at United Oil Co.; as senior vice president at KZ DevCo, LP, and as West Coast acquisitions manger for Single Site Solutions Corp. The company operates more than 100 companyowned and affiliate offices nationwide, offering transaction, management, consulting and investment services. CNL Commercial Real Estate (214-9969800) named Don Miller as principal of the company’s Dallas, TX office. Prior to the appointment, Miller served as vice president of retail services for the company, specializing in tenant and landlord representation. Prior to joining the company, he served at Venture Commercial. The company represents clients throughout 25 states nationwide. RMC Property Group (813-960-8154) promoted Bobby Eggleston from vice president of leasing to vice president, and hired Charles Boscarino as vice president of leasing. Prior to joining the company, Boscarino served as vice president of real estate and store development for Bealls Stores, Inc., and as president of Century Retail, the commercial real estate division of Century Realty Funds. The company is a full-service commercial real estate leasing, management, acquisition, development and redevelopment firm, leasing and managing a portfolio totaling over 4.3 million sq.ft. throughout FL. NAI San Diego (619-497-2255) promoted Rob Kerr to vice president. He specializes in investment, owner-use, retail and redevelopment sales and acquisitions. The company, an affiliate of NAI Global, is a fullservice commercial real estate brokerage and property management firm. DM

Dealmakers

like us on facebook: facebook.com/thedealmakers February 3, 2012

page 7


AHpparel ome-Related ChainsCEhains xpandExpand Nationwide Nationwide (continued from page one)

Danice Stores, Inc. trades as Danice Stores at 26 locations throughout NJ and NY. The stores, offering discounted women’s apparel, occupy spaces of 6,000 sq.ft. to 8,000 sq.ft. in power centers and downtown areas. Plans call for three openings throughout NY during the coming 18 months. Typical leases run 15 to 20 years. For more information, contact Barry Group, Danice Stores, Inc., 525 7th Avenue, New York, NY 10018; 718-875-0664, Fax 718797-1895; Email: bsgroup@danicestores.com; Web site: www.danicestores.com. Joyce Leslie, Inc. trades as Joyce Leslie at 50 locations throughout CT, NJ, NY and PA. The stores, offering juniors’ apparel, occupy spaces of 7,500 sq.ft. in malls and strip centers. Growth opportunities are sought throughout DE and MD during the coming 18 months. Typical leases run five years with options. A vanilla shell and specific improvements are required. Preferred cotenants include Target and Walmart. For more information, contact Nancy Shapiro, Joyce Leslie, Inc., 170 West Commercial Avenue, Moonachie, NJ 07074; 201-804-7800, Fax 201-804-0801; Email: nshapiro@joyceleslie.com; Web site: www.joyceleslie.com.

Bermo Enterprises, Inc. trades as Max 10 and Frayed at 38 locations throughout IL, IN and MI. The apparel stores occupy spaces of 4,000 sq.ft. to 6,000 sq.ft. in freestanding locations, malls and strip and value centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. A vanilla shell is required. Preferred cotenants include value-priced apparel retailers. For more information, contact Ed Bernard, Bermo Enterprises, Inc., 12033 U.S. Highway 131, Schoolcraft, MI 49087; 269-679-2580, Fax 269-679-2611; Email: ebernard@bermoenterprises.com; Web site: www.bermoenterprises.com. GWK Enterprises, Inc. trades as Four Seasons at six locations throughout IA and IL. The stores, offering women’s apparel, occupy spaces of 8,000 sq.ft. to 12,000 sq.ft. in strip centers. Growth opportunities are sought throughout Bloomington, IL during the coming 18 months. Typical leases run five years. A vanilla shell is required. The company is site-selective. For more information, contact George Kutsunis or Katie Andrios, GWK Enterprises, Inc., 120 South State Street, Geneseo, IL 61254; 309-944-6516, Fax 309-944-8262; Email: katie@gwkenterprises.com; Web site: www.fourseasonsdirect.com.

dd’s Discounts operates 88 locations throughout AZ, CA, FL, GA, MD, NV and TX. The stores, offering discounted apparel, accessories and footwear for men, women and children, as well as housewares, home accents and bedding and bath items, occupy inline spaces of 18,000 sq.ft. to 22,000 sq.ft. in shopping centers. Growth opportunities are sought throughout southern CA during the coming 18 months, with representation by Epsteen & Associates. The company prefers to be positioned as the junioranchor in shopping centers. Ross Dress for Less operates 1,038 locations nationwide throughout 29 states. The stores, offering discounted family apparel, as well as footwear, accessories and home décor, occupy spaces of 21,000 sq.ft. to 25,000 sq.ft. in inline spaces of shopping centers. Growth opportunities are sought throughout southern CA during the coming 18 months, with representation by Epsteen & Associates. The company prefers the junior-anchor or anchor position in shopping centers. For more information, contact Tom Breen or Michael Borman, Epsteen & Associates, 1429 4th Street, Santa Monica, CA 90401; 310-451-8171; Emails: tbreen@epsteen.com and mborman@epsteen.com; Web sites: www.epsteen.com, www.ddsdiscounts.com and www.rossstores.com. DM

SHources ome-Related of Financing Chains Expand Nationwide Holliday Fenoglio Fowler, LP, on behalf of Inland Western Retail Real Estate Trust, Inc., secured $21 million for the refinancing of Oswego Commons, a 187,656 sq.ft. center situated on 30 acres along West Route 34 in Oswego, IL. Dominick’s anchors the center and tenants include T.J. Maxx, OfficeMax, Petco, Party City, Famous Footwear, Panera Bread and Hallmark. For more information, contact Holliday Fenoglio Fowler, LP, 1627 I Street Northwest, 12th Floor, Washington, DC 20006; 202533-2500, Fax 202-533-2510; Web site: www.hfflp.com. Meridian Capital Group, LLC arranged the following in financing: $15 million for a 24,200 sq.ft. property along Canal Street in New York, NY; $13.1 million for a 39,000 sq.ft. property along Route 17 North in Paramus, NJ; $13 million for Jericho Turnpike Shopping Center, a 91,125 sq.ft. center located in Syosset, NY; $11.54 million for page 8

February 3, 2012

The

a 36,000 sq.ft. retail condominium located along Broadway in New York, NY; $11.375 million for a 6,750 sq.ft. retail condominium located along West 46th Street in New York, NY; $10.6 million for a 43,000 sq.ft. property located along Church Avenue in Brooklyn, NY; $8.5 million for a 34,750 sq.ft. mixeduse property located along Broadway in New York, NY, and $8.4 million for a 9,000 sq.ft. property along Cross Bay Boulevard in Brooklyn, NY. For more information, contact Meridian Capital Group, LLC, 1 Battery Park Plaza, 26th Floor, New York, NY 10004; 212972-3600, Fax 212-612-0100; Web site: www.meridiancapital.com. G.S. Wilcox & Co. arranged $40 million in financing for a 204,854 sq.ft. retail property in Plainview, NY. The loan featured a 10year term. The company also arranged $17.5 million in financing for a 184,272 sq.ft. retail property located in Hamilton,

Dealmakers

www.dealmakers.net

NJ. The loan featured a 25-year term. The company also arranged $12 million in financing for a 140,838 sq.ft. wholesale club located in South Hackensack, NJ. The loan featured a 10-year term. The company also arranged $5.7 million in financing for a 24,220 sq.ft. mixed-use property in Brooklyn, NY. The loan featured a 20year term. The company also arranged $6.6 million in financing for a 101,062 sq.ft. mixed-use property in Union City, NJ. The loan featured a 10-year term. The company also arranged $4.1 million in financing for a 12,150 sq.ft. property in Port Jefferson, NY. The loan featured a 12year term. The company also arranged $1.6 million in financing for a Walgreens located in Union City, NJ. The loan featured a 15year term. For more information, contact G.S. Wilcox & Co., 365 South Street, Morristown, NJ 07960; 973-538-0008; Web site: www.gswilcox.com. DM


Lead Sheet Super – Lube John Theisen c/o Site Locaters, Inc. 2100 Church Street/PO Box 166 East Troy, WI 53120 262-363-3838

Automotive The 60-unit chain operates locations throughout AL, FL, IL, IN, MI, MN and WI. The automotive service centers occupy spaces of 2,000 sq.ft. to 3,000 sq.ft. in freestanding locations and lifestyle, power and regional shopping centers. Growth opportunities are sought throughout FL and WI during the coming 18 months, with representation by Site Locaters, Inc. Typical leases run 10 years with three, five-year options. A vanilla shell is required. Preferred cotenants include Walmart. Preferred demographics include a population of 20,000 within two miles earning $50,000 as the average household income. Major competitors include Jiffy Lube. The company is franchising.

Erwin Distributing Co., Inc. dba Card & Party Factory and Wally’s Party Factory Walter Erwin or Wilson Erwin PO Box 1419 Ennis, TX 75120 972-875-6971, Fax 972-875-6977

Cards The 32-unit chain operates locations throughout OK and TX. The card shops occupy spaces of 8,000 sq.ft. to 16,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months.

7-Eleven, Inc. dba 7-Eleven Armand Keurian Email: armand.keurian@7-11.com Web site: www.7-eleven.com

Convenience The company operates approximately 9,000 locations nationwide and in Canada. The convenience stores, some with gasoline facilities, occupy spaces of 2,400 sq.ft. in corner locations and endcaps of shopping centers. Growth opportunities are sought throughout DE, MD, NC, VA and Washington, DC during the coming 18 months. A land area of 1.5 acres is required for sites with gasoline facilities. The company prefers site submittals to be sent via email.

Evans Oil Co. dba Chevron Brad Lemoine PO Box 432 Monroe, LA 71210 318-343-3942, Fax 318-343-8406

Convenience The 40-unit chain operates locations throughout LA. The convenience stores, with gasoline facilities, occupy spaces of 2,800 sq.ft. to 3,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing market during the coming 18 months.

Jaco Oil Co. dba Fastrip Food Stores Roy Saunders PO Box 82515 Bakersfield, CA 93380-2515 661-393-7000, Fax 661-393-8738 Email: roys@jaco.com

Convenience The 62-unit chain operates locations throughout AZ, CA and NV. The convenience stores, with gasoline facilities, occupy spaces of 3,500 sq.ft. in freestanding locations. Growth opportunities are sought throughout central CA during the coming 18 months. The company will only acquire sites.

Dillard’s, Inc. dba Dillard’s Wes Cherry 1600 Cantrell Road Little Rock, AR 72201 501-376-5200, Fax 501-399-7502 Email: wes.cherry@dillards.com Web site: www.dillards.com

Department Store The 304-unit chain operates locations throughout the midstates, southern and western regions of the U.S. The department stores occupy spaces of 70,000 sq.ft. to 300,000 sq.ft. in malls and lifestyle centers. Growth opportunities are sought nationwide during the coming 18 months.

www.dealmakers.net

The

Dealmakers

February 3, 2012

page 9


Lead Sheet Dollar City Jeff Gelberman c/o National Real Estate Brokerage, Inc. 10319 Westlake Drive, Suite 284 Bethesda, MD 20817 301-770-8585 Ext. 112, Fax 301-770-8591 Email: jeff@nreb.net Web site: www.nreb.net

Discount The seven-unit chain operates locations throughout MD and northern VA. The discount stores occupy spaces of 3,000 sq.ft. to 13,000 sq.ft. in malls and power, specialty and strip centers, as well as urban/downtown areas. Growth opportunities are sought throughout the existing markets during the coming 18 months, with representation by National Real Estate Brokerage, Inc. Preferred cotenants include grocery stores. The company is site-selective.

Electronics Expo 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.electronics-expo.com

Electronics The eight-unit chain operates locations throughout NJ. The electronics stores occupy spaces of 9,000 sq.ft. to 15,000 sq.ft. in freestanding locations, malls and power, specialty and strip centers. Plans call for one to three openings throughout central and northern NJ during the coming 18 months, with representation by Jeffery Realty, Inc. The company will only acquire sites.

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

Electronics The company trades as Rogers at 765 locations, Fido at 264 locations and as Chatr Wireless at 37 locations throughout Canada. The stores, offering wireless products and related services, occupy spaces of 1,000 sq.ft. to 2,000 sq.ft. in kiosks of regional malls, street fronts and inline spaces of power and shopping centers. Plans call for 50 to 60 openings throughout the existing market during the coming 18 months.

Cineplex Entertainment dba Cineplex Odeon, Galaxy, Cinema City, Coliseum, Colossus, Famous Players, Silvercity and Scotiabank Theatres Fab Stanghieri 1303 Yonge Street Toronto, Ontario, Canada M4T 2Y9 416-323-6600 Ext. 2305 Email: fstanghieri@cineplex.com Web site: www.cineplex.com

Entertainment The 129-unit chain operates locations throughout Canada. The movie theaters occupy spaces of 20,000 sq.ft. to 60,000 sq.ft. in freestanding locations, malls and power and strip centers. Limited growth opportunities are sought throughout the existing market during the coming 18 months.

Silverspot Cinema Mathew Focht c/o Sierra Realty Advisors 640 North LaSalle Boulevard, Suite 410 Chicago, IL 60654 312-254-0730 Email: mfocht@sierraus.com Web sites: www.sierraus.com and www.silverspotcinema.com

Entertainment The company operates one location in Naples, FL. The movie theater prefers to occupy spaces of 45,000 sq.ft. to 50,000 sq.ft. in mixed-use centers. Growth opportunities are sought nationwide, excluding CA and Miami, FL, during the coming 18 months, with representation by Sierra Realty Advisors.

Apple Federal Credit Union Edward Goldmeier or Glenn Ulick c/o Grubb & Ellis Co. 1 East Pratt Street, Suite 904 Baltimore, MD 21202 410-625-4202/4205 Emails: edward.goldmeier@grubb-ellis.com and glenn.ulick@grubb-ellis.com Web site: www.grubb-ellis.com

Finance The 19-unit chain operates locations throughout VA. The credit unions occupy spaces of 2,500 sq.ft. to 3,500 sq.ft. in inline spaces, endcaps and pad sites of shopping centers. Growth opportunities are sought throughout Springfield and Reston, VA during the coming 18 months, with representation by Grubb & Ellis Co. The company will consider acquiring sites.

page 10

February 3, 2012

The

Dealmakers

www.dealmakers.net


Lead Sheet Things Engraved, Inc. dba Things Engraved and Personally Yours George Craw 61 McBrine Place/PO Box 9024 Kitchener, Ontario, Canada N2G 4X2 519-748-2211 Ext. 2220, Fax 519-748-2808 Email: georgec@thingsengraved.ca

Gifts The 130-unit chain operates locations throughout Canada. The stores, offering engraved gifts, occupy spaces of 400 sq.ft. to 1,000 sq.ft. in kiosks of malls and inline spaces of shopping centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run five to 10 years. A vanilla shell and specific improvements are required.

Lady Jane’s Haircuts for Men Kevin Shapiro c/o L3 Corp. 12655 Olive Boulevard, Suite 220 St. Louis, MO 63141 314-469-7400, Fax 314-576-9768 Email: kevin@l3corp.net Web site: www.l3corp.net

Hair The 31-unit chain operates locations throughout IL, IN, MI, NC, NY, OH and WI. The men’s hair salons occupy spaces of 1,400 sq.ft. to 1,800 sq.ft. in strip centers. Growth opportunities are sought throughout the St. Louis, MO metropolitan area during the coming 18 months, with representation by L3 Corp., in conjunction with Signature Associates.

Emerging Vision, Inc. dba Site For Sore Eyes and Sterling Optical Susan Goldberg 100 Quentin Roosevelt Boulevard Garden City, NY 11530 516-465-6995, Fax 516-390-2230 Web site: www.sterlingoptical.com

Optical The 150-unit chain operates locations nationwide throughout 14 states and in Ontario, Canada. The eyecare facilities occupy spaces of 1,200 sq.ft. to 1,800 sq.ft. in freestanding locations, malls and strip centers. Growth opportunities are sought throughout select markets nationwide during the coming 18 months.

Boot Barn, Inc. dba Boot Barn Aaron Browning 15776 Laguna Canyon Road Irvine, CA 92618 Email: abrowning@bootbarn.com Web site: www.bootbarn.com

Shoes The 85-unit chain operates locations throughout AZ, CA, CO, MT, NM, NV and WY. The stores, offering western-themed footwear and apparel, occupy spaces of 8,000 sq.ft. to 12,000 sq.ft. in freestanding locations and mixed-use and strip centers. Plans call for five openings annually throughout the existing markets, as well as ID, ND, OR, SD and UT. The company prefers site submittals to be sent via email.

Takken Enterprises, Inc. dba Takken’s Shoes Gerardo Aquinis or Stuart Zall c/o The Zall Co. 4725 South Monaco Street, Suite 340 Denver, CO 80237 303-804-5656, Fax 303-804-9696 Emails: gaguinis@zallcompany.com and szall@zallcompany.com Web site: www.takkens.com

Shoes The 25-unit chain operates locations throughout CA. The shoe stores occupy spaces of 1,500 sq.ft. in malls and lifestyle centers. Growth opportunities are sought throughout the existing market, as well as OR and WA, during the coming 18 months, with representation by The Zall Co. Typical leases run 10 years. Preferred cotenants include fashion and apparel retailers. Major competitors include The Walking Co.

Town Shoes, Ltd. dba Shoe Co. and Town Shoes Peter Gerhardt 44 Kodiak Crescent Downsview, Ontario, Canada M3J 3G5 416-638-5011, Fax 416-638-3847 Web site: www.townshoes.com

Shoes The 100-unit chain operates locations throughout Canada. The shoe stores occupy spaces of 3,000 sq.ft. to 8,000 sq.ft. in malls and power and strip centers. Growth opportunities are sought throughout the existing market, excluding Quebec, during the coming 18 months.

www.dealmakers.net

The

Dealmakers

February 3, 2012

page 11


Lead Sheet Pinch A Penny, Inc. dba Pinch A Penny Brian Andriese 14480 62nd Street North Clearwater, FL 33760 727-531-8913, Fax 727-536-8066 Email: bandriese@pinchapenny.com Web site: www.pinchapenny.com

Specialty The 208-unit chain operates locations throughout AL, FL and GA. The stores, offering swimming pool supplies and equipment, occupy spaces of 1,400 sq.ft. to 2,600 sq.ft. in strip and neighborhood shopping centers. Plans call for eight to 10 openings throughout FL and southern GA during the coming 18 months. Typical lease run five years with two, five-year options.

The Meat House Mike Shanahan or Tom Zuber c/o Fairfield Retail Partners, LLC 88 Ryders Lane Stratford, CT 06614 203-870-8200, Fax 203-870-8201 Email: mshanahan@fairfieldretail.com Web site: www.fairfieldretail.com

Specialty The 28-unit chain operates locations throughout CA, CT, FL, MA, ME, NC, NH, NY, OK and TX. The butcher shops occupy spaces of 1,500 sq.ft. to 3,000 sq.ft. in various types of retail settings. Growth opportunities are sought throughout Fairfield County, CT during the coming 18 months, with representation by Fairfield Retail Partners, LLC.

Victorinox Swiss Army Jes Feuer 96 Spring Street, 6th Floor New York, NY 10012

Specialty The company operates locations in NY, as well as internationally. The stores, offering Swiss Army knives, cutlery, travel gear, fashions and fragrances, occupy spaces in various types of retail settings. Growth opportunities are sought throughout Los Angeles, CA; Boston, MA; Short Hills, NJ and Manhattan and Westchester, NY, as well as along Bloor Street in Toronto, Canada, during the coming 18 months. The company prefers site submittals to be sent via mail.

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

Sporting Goods The 17-unit chain operates locations throughout FL, GA, VA and VT. The stores, offering equipment and accessories for skiing, snowboarding, water skiing and other outdoor activities, occupy spaces of 8,000 sq.ft. to 12,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run five years with options.

Sport Chalet, Inc. dba Sport Chalet Dennis Trausch 1 Sport Chalet Drive La Canada, CA 91011 818-790-2717, Fax 818-949-5301

Sporting Goods The 54-unit chain operates locations throughout AZ, CA, NV and UT. The sporting goods stores occupy spaces of 42,000 sq.ft. in regional malls and lifestyle and power centers. Growth opportunities are sought throughout the existing markets during the coming 18 months.

The preceding leads have been verified by calls made to or written submittals from the respective retailers during the weeks prior to publication. Since the majority of chains featured in Lead Sheet are small in size, some changes in their expansion plans should be expected. To be included in an upcoming issue, just fax a note or call us with the details. Our fax number is (609-587-3511) and you can reach us by phone at (609-587-6200) or email at ann@dealmakers.net. page 12

February 3, 2012

The

Dealmakers

www.dealmakers.net


Space Place

FO

R LE

AS

E

FOR

FOR

E

LEAS

E

LEAS

FOR LEASE

Alabama

California

Huntsville – Harvest Square, a 70,600 sq.ft. center located at the intersection of Highway 53 and Jeff Road, has space available along with outlots. Publix anchors the center and cotenants include Two Friends Gifts, Cuts by Us, Alabama Spirits, H&R Block, China Café, Snappy Tomato Pizza, Mi Casa Mexican, Subway, Cachet Cleaners, AT&T Mobility and Fuji Japanese. Area demographics include a population of 184,287 within 10 miles earning $61,818 as the average household income. For details, contact Beau Young, Aronov, 3500 Eastern Boulevard, Montgomery, AL 36116; 334-277-1000 Ext. 429, Fax 334272-0747; Email: beau.young@aronov.com; Web site: www.aronov.com.

adam@illicre.com; Web site: www.illicre.com. For details regarding the Hollywood property, contact Todd Nathanson or Mark Chase; 818-501-2212 Ext. 107; Email: mark@illicre.com. For details regarding the Simi Valley property, contact Todd Nathanson or Danny Raffle; 818-5012212 Ext. 102; Email: danny@illicre.com.

Arkansas Forrest City – A 12,730 sq.ft. freestanding building located along North Washington Street is available. The asking rent is $5 psf. For details, contact Len Weiselberg, Robert Crum, Matthew Makler, Gary Shapiro, Steven Sandelman or Jason Reisman, Kin Properties, Inc., 185 Northwest Spanish River Boulevard, 1st Floor, Boca Raton, FL 33431; 888-5467767 Ext. 112/117/118/123/124/123; Web site: www.kinproperties.com.

California Agoura Hills – A 4,500 sq.ft. former restaurant located at the intersection of Canwood Street and Reyes Adobe Road is available. Area demographics include a population of 86,487 within five miles earning $137,269 as the average household income. The average daily traffic count is over 23,000 vehicles. Hollywood – A center located along Laurel Canyon Boulevard has an 1,870 sq.ft. endcap space available. Area demographics include a population of 620,446 within five miles earning $77,497 as the average household income. Simi Valley – A center located at the intersection of Yosemite Avenue and East Los Angeles Avenue has a 3,760 sq.ft. space available. Vons and Rite Aid anchor the center. Area demographics include a population of 121,837 within five miles earning $105,790 as the average household income. The average daily traffic count is over 25,470 vehicles. For details regarding the Agoura Hills property, contact Todd Nathanson, Jeffrey Shore or Adam Cather, illi Commercial Real Estate, 17547 Ventura Boulevard, Suite 304, Encino, CA 91316; 818-501-2212 Ext. 101/105/118; Fax 818-501-2202; Emails: todd@illicre.com; jeffrey@illicre.com and

Florida Davie – Carriage Hills Plaza, located at the intersection of Davie Road Extension and Stirling Road, has space available. Family Dollar and Foodtown anchor the center. Area demographics include a population of 343,444 within five miles earning $65,324 as the average household income. Palm Bay – Intercharge Square, located along State Highway 514/Malabar Road Northeast, has space available. Cotenants include Bank of America, H&R Block, Liberty Tax Service, Sprint, Dollar General, Bealls and Big Lots. Area demographics include a population of 121,719 within five miles earning $51,978 as the average household income. Pembroke Pines – Dunkin’ Donuts Plaza, located along North University Drive, has space available. Cotenants include Taiko Sushi, Pizza Hut, Dunkin’ Donuts, Papa John’s, Justin Optical and Ideal Beauty Café Salon & Spa. Area demographics include a population of 360,693 within five miles earning $43,029 as the average household income. Pinecrest – Dadeland Plaza, located along South Dixie Highway, has space available. Cotenants include Yogurtland, Five Guys Famous Burgers and Fries, HSBC, Max Muscle, Planet Beach, Learning Express, H&R Block, Primos and For Eyes. Area demographics include a population of 282,492 within five miles earning $95,092 as the average household income. For details, contact Gator Investments, 1595 Northeast 163rd Street, North Miami Beach, FL 33162; 877-459-9605; Email: sales@gatorinvestments.com; Web site: www.gatorinvestments.com. Ft. Myers – College Parkway, a 78,879 sq.ft. center located at the intersection of U.S. Highway 41/Cleveland Avenue and College Parkway, has spaces available of 2,511 sq.ft. and 2,600 sq.ft. Office Depot, Petland and Mattress Giant anchor the center. Area demographics include a population of 129,835 within five miles earning $70,478 as the average household income. The average daily traffic count is 78,000 vehicles. Jacksonville – Lakewood, a 192,361 sq.ft. (continued on page fourteen)

www.dealmakers.net

The

Dealmakers

Exclusives and Leasing Assignments Jeffery Realty, Inc (908-668-9600) represents the following retailers with their expansion plans: Bahama Breeze, throughout central and northern NJ, seeking spaces of 7,000 sq.ft. with a 1,500 sq.ft. patio in pad sites of shopping centers; Goodwill Industries, throughout central and northern NJ, seeking sites of 10,000 sq.ft. to 20,000 sq.ft. in freestanding locations and power centers; Hobby Lobby, throughout Ocean, Monmouth, Middlesex and Union counties in NJ, occupying spaces of 55,000 sq.ft. in big box- and food-anchored shopping centers in major regional markets; Longhorn Steakhouse, throughout central and northern NJ, utilizing spaces of 6,000 sq.ft. in pad sites; Master Wok, throughout central and northern NJ, seeking spaces of 2,000 sq.ft. to 3,000 sq.ft. in pad sites and endcaps of shopping centers; Nature’s Pavilion, throughout northern NJ, utilizing sites of 5,000 sq.ft. to 8,000 sq.ft. in freestanding locations and strip centers; NJ Mattress, throughout NJ, occupying sites of 2,500 sq.ft. to 4,000 sq.ft. in regional markets; Olive Garden, throughout northern and central NJ, seeking sites of 7,500 sq.ft. to 8,500 sq.ft. in pad sites of shopping centers; Penzey’s Spices, throughout NJ, utilizing spaces of 2,500 sq.ft. to 3,500 sq.ft. in downtown areas, and Red Lobster, throughout northern and central NJ, seeking spaces of 7,000 sq.ft. in pad sites of shopping centers. Pliskin Realty and Development, Inc. (516997-0100) represents Advance Auto with the chain’s expansion throughout Nassau, Suffolk, Queens, Brooklyn, Staten Island, Bronx, Lower Hudson Valley, Rockland and Westchester, NY. The chain is seeking spaces situated on a land area of 30,000 sq.ft. in freestanding locations, as well as endcaps and inline spaces of shopping centers. The company also represents Sally Beauty Supply with the chain’s expansion throughout Long Island, Queens and Brooklyn, NY. The beauty supply stores utilize spaces of 1,200 sq.ft. to 1,800 sq.ft. in shopping centers. The company also represents CosmoProf with the chain’s expansion throughout Long Island, NY. The chain is seeking spaces of 1,800 sq.ft. to 4,000 sq.ft. Winick Realty Group, LLC (212-792-2650) represents MedRite Urgent Care with the medical clinic’s expansion throughout Manhattan, NY. The clinics are seeking spaces of 2,000 sq.ft. to 3,000 sq.ft. in store fronts in high-traffic areas. DM

follow us on twitter:

twitter.com/dealmakersmag February 3, 2012

page 13


FO

R LE

AS

E

FOR

FOR

E

LEAS

E

LEAS

FOR LEASE

Space Place Florida

(continued from page thirteen)

center located at the intersection of San Jose Boulevard and University Boulevard West, has spaces available from 760 sq.ft. to 14,171 sq.ft. Winn-Dixie and Stein Mart anchor the center. Area demographics include a population of 142,741 within five miles earning $63,786 as the average household income. Tampa – Northdale, a 175,917 sq.ft. center located at the intersection of North Dale Mabry Highway and Northdale Boulevard, has spaces available from 750 sq.ft. to 9,000 sq.ft. Sweetbay Supermarket, Bealls, Lifestyle Family Fitness and T.J. Maxx anchor the center. Cotenants include Bank of America, McDonald’s, Walgreens, Crispers, MetroPCS and Wok on By. Area demographics include a population of 205,359 within five miles earning $70,953 as the average household income. For details regarding the Ft. Myers property, contact Jenny Schuemann; Select Strategies Realty, 4036 Hillsboro Boulevard, Deerfield Beach, FL 33442; 954-790-1514, Fax 321558-3867; Email: jschuemann@selectstrat.com; Web site: www.selectstrategiesrealty.com. For details regarding the Jacksonville and Tampa properties, contact Brian Jones, 5770 Hoffner Avenue, Suite 102, Orlando, FL 32822; 407-516-9405, Fax 321-558-3867; Email: bjones@selectstrat.com. Jacksonville – Shops at Julington Creek, a 41,000 sq.ft. center located at the intersection of San Jose Boulevard/State Route 13 and Julington Creek Road, has spaces available of 1,306 sq.ft.; 1,364 sq.ft.; 1,426 sq.ft. and 1,434 sq.ft. The Fresh Market anchors the center and cotenants include American Home Electronics, In Style Accessories, The Elements, Nail Time and Hurricane Wings. Area demographics include a population of 97,579 within five miles earning $78,885 as the median household income. The average daily traffic count is 74,600 vehicles. St. Petersburg – Crosswinds Shopping Center, located at the intersection of 66th Street North and 22nd Avenue North, has a 29,600 sq.ft. space available. Bed Bath & Beyond, Marshalls and Michaels anchor the center. Cotenants include Signature Day Spa, Sally Beauty Supply, Catherines, Subway, For Eyes and Taco Bell. Area retail includes LA Fitness, Best Buy, CVS, Walgreens, Toys “R” Us, Home Depot, Office Depot, Ross Dress for Less, Lifestyle Family Fitness and Publix. Area demographics include a population of 6,295 within five miles earning $46,927 as the median household income. The average daily traffic count is 80,000 vehicles. page 14

February 3, 2012

The

Florida

Florida

For details regarding the Jacksonville property, contact Jamie Swanson, The Shopping Center Group, 10748 Deerwood Park Boulevard South, Suite 107, Jacksonville, FL 32256; 904-446-2095; Email: jamiems@theshoppingcentergroup.com; Web site: www.theshoppingcentergroup.com. For details regarding the St. Petersburg property, contact Amy Berrios-Ortiz, 14502 North Dale Mabry Highway, Suite 301, Tampa, FL 33618; 813-961-1812; Email: amyb@theshoppingcentergroup.com.

For details, contact Daniel Martin or George Singer, Victory Real Estate Investments, 240 Brookstone Centre Parkway, Columbus, GA 31904; 800-435-7834, Fax 706327-4413; Emails: dmartin@vrei.net and gsinger@vrei.net.

Ocala – Shoppes of Ocala, a 13,962 sq.ft. center located along Southwest College Road, has three 1,400 sq.ft. spaces available. Cotenants include Bonefish Grill, Ideal Image and Salon West. Area retail includes Barnes & Noble, Verizon Wireless, Talbots and Ulta. Area demographics include a population of 91,209 within a 15-minute drive-time earning $51,621 as the average household income. Sanford – Westwood Village, located along State Route 46, has a 1,400 sq.ft. space available along with three 1,200 sq.ft. spaces and outlots of 0.96 acres and 1.18 acres. Cotenants include Trustco Bank, Park Jewelers, Your Neighborhood Cleaners, Café Morris, Allstate Insurance, Envy Me Nail Salon, Xtreme Dance, Kade Hair Design, Tinka’s Closet, Pinch-A-Penny and Beard Papa’s. Area retail includes 7-Eleven, McDonald’s, Denny’s, Toys “R” Us, Bed Bath & Beyond, Ross Dress for Less and hhgregg. Area demographics include a population of 171,491 within a 15-minute drive-time earning $70,735 as the average household income. The average daily traffic count is 31,000 vehicles. For details, contact Ryan Phelps, Century Retail, 500 South Florida Avenue, Suite 700, Lakeland, FL 33801; 800-778-6867, Fax 863-647-3992; Email: ryan@centuryretail.com; Web site: www.centuryretail.com. For additional information regarding the Sanford property, contact Lynda Nagy; Email: lynda@centuryretail.com. Pensacola – Nine Mile Road Plaza, located along East Nine Mile Road, has spaces available from 930 sq.ft. to 5,150 sq.ft. WinnDixie, Big Lots and Bealls anchor the center. Cotenants include Pizza Hut, Tokyo Japanese Steakhouse, Color Wheel Prints & Coatings, Rent-A-Center, Media One, American National, Baskin-Robbins, Club Sun Tanning, Family Dollar, Burger King and Popeyes. Area demographics include a population of 39,879 within three miles earning $60,414 as the average household income. The average daily traffic count is 39,000 vehicles.

Dealmakers

www.dealmakers.net

Port Orange – Space Coast Center, located along Taylor Road, has space available. Area retail includes Kohl’s, Publix, Hollywood Theatres, Belk and Walgreens. Area demographics include a population of 85,397 within five miles earning $65,294 as the average household income. The average daily traffic count is 50,000 vehicles. For details, contact Brian Adair, Charles Wayne Properties, Inc., 444 Seabreeze Boulevard, Suite 1000, Daytona Beach, FL 32118; 386-238-3600, Fax 386-299-6111; Email: badair@charleswayne.com; Web site: www.charleswayne.com.

Georgia Carrollton – Carrollton Crossroads, a 284,013 sq.ft. community shopping center located at the intersection of South Cottage Hill Road and U.S. Highway 27, has spaces available from 1,200 sq.ft. to 6,251 sq.ft. Kroger, Staples, Ross Dress for Less, T.J Maxx and Hobby Lobby anchor the center. Cotenants include Pet Supplies Plus. Area demographics include a population of 117,893 within 15 miles earning $57,396 as the average household income. The average daily traffic count is 39,590 vehicles. Covington – Newton Plaza, a 269,773 sq.ft. regional center located at the intersection of U.S. Highway 278 and Pace Street, has spaces available from 900 sq.ft. to 11,509 sq.ft. Bealls, Big Lots, Kroger, Goodwill Industries and Ace Hardware anchor the center. Cotenants include Badcock Furniture. Area demographics include a population of 150,078 within 10 miles earning $65,563 as the median household income. The average daily traffic count is 28,950 vehicles. Griffin – North Griffin Square, located at the intersection of West McIntosh Road/GA Highway 92 and U.S. Highway 19/U.S. Highway 41, has spaces available from 1,200 sq.ft. to 11,102 sq.ft. Big Lots, Belk and Bealls anchor the center. Area demographics include a population of 46,009 within five miles earning $49,533 as the median household income. The average daily traffic count is 45,269 vehicles. For details regarding the Carrollton or Griffin properties, contact Dan Gagne; Halpern Enterprises, Inc., 5269 Buford Highway, Atlanta, GA 30340; 770-508-


Space Place

FO

R LE

AS

E

FOR

FOR

E

LEAS

E

LEAS

FOR LEASE

Georgia

Georgia

Louisiana

3322; Email: dgagne@halpern-online.com; Web site: www.halpern-online.com. For details regarding the Covington property, contact John Brozovic; 770-508-3314; Email: jbrozvic@halpern-online.com.

household income. The average daily traffic count is 76,000 vehicles. For details, contact Rebecca Waters, Edens & Avant; 1221 Main Street, Suite 1000, Columbia, SC 29201; 678-527-0420; Web site: www.edensandavant.com.

Mattress Firm, Big Lots, It’s Fashion Metro, Tuesday Morning, Anna’s Linens, The Finish Line, Simply Fashion and Crescent City Beauty. Area demographics include a population of 338,682 within five miles earning $34,098 as the median household income. The average daily traffic count is 50,000 vehicles. The asking rent is $15 psf NNN for the 4,000 sq.ft. space and $10 psf NNN for the 13,500 sq.ft. space. For details, contact Joe S. Mann, Jr., Retail Specialists, Inc., 334 Carondelet Street, Suite 200, New Orleans, LA 70130; 504-527-0882, Fax 504-527-5119; Email: joe@retailspecialists.com.

Chamblee – Chamblee Village, located along Chamblee Tucker Road, has spaces available of 1,194 sq.ft.; 1,500 sq.ft.; 1,608 sq.ft.; 1,671 sq.ft. and 2,351 sq.ft. Walmart Supercenter anchors the center and cotenants include Chase Bank, GameStop, Payless ShoeSource, MetroPCS, Mattress Firm, Sally Beauty Supply, Pro Cleaners, American Deli, RadioShack and Five Guys Famous Burgers and Fries. Area demographics include a population of 91,736 within three miles earning $85,317 as the average household income. For details, contact Jude Crayton, WRS Real Estate Investments, Inc.; 843-7148175; Email: jcrayton@wrsrealty.com; Web site: www.wrsrealestate.com. Douglasville – Douglasville Exchange, located along Douglas Boulevard, has spaces available from 1,600 sq.ft. to 13,300 sq.ft. Cotenants include Armstrong McCall, Mattress Plus and Harbor Freight Tools. Area retail includes Garden Ridge, Jo-Ann Fabrics, Lowe’s Home Improvement, Best Buy, Walgreens, Dunkin’ Donuts, McDonald’s, Kmart, Office Depot, Home Depot, Publix, Kroger and IHOP. Area demographics include a population of 132,890 within seven miles earning $65,630 as the median household income. The average daily traffic count is 15,360 vehicles. For details, contact Theresa Johnson, Bull Realty, Inc.; 404-876-1640 Ext. 109; Email: theresa@bullrealty.com; Web site: www.bullrealty.com.

Louisiana Covington – Marketplace 21, located at the intersection of Highway 21 and Interstate 12, has space available. Winn-Dixie anchors the center and cotenants include Sprint, Red Mango, Five Guys Famous Burgers and Fries and Panera Bread. Area retail includes Subway, Chase Bank, The UPS Store and Cold Stone Creamery. Area demographics include a population of 51,643 within five miles earning $88,537 as the average household income. The average daily traffic count is 23,873 vehicles. Gretna – Westside South Shopping Center, a 277,898 sq.ft. center located at the intersection of Westbank Expressway and Stumpf Boulevard, has spaces available of 4,000 sq.ft. and 13,500 sq.ft. Home Depot and Rooms To Go anchor the center. Cotenants include Taco Bell,

Maryland Hagerstown – Long Meadow Shopping Center, a 243,000 sq.ft. center located at the intersection of Route 60/Potomac Avenue and Northern Avenue, has anchor space available. Ashley Furniture, CVS and PA Dutch Market anchor the center. For details, contact Thomas G. Mirandi, RD Management, LLC, 810 Seventh Avenue, (continued on page sixteen)

Marietta – Merchant’s Walk, a 362,000 sq.ft. center located at the intersection of Johnson Ferry Road and Roswell Road/GA Highway 120, has space available. Cotenants include Whole Foods Market, Kohl’s, PetSmart, OfficeMax, Old Navy, Stein Mart, Marlow’s Tavern, Ulta, Cook’s Warehouse, Seed Kitchen & Bar, Savvy Snoot, Fab’rik, Carter’s Babies & Kids, Mirko Pasta, Pinkberry, Chipotle, Gigi’s Cupcakes, Eye Gallery and Verizon Wireless. Area retail includes T.J. Maxx, Home Depot, Target, Sears, Michaels, Trader Joe’s and Avenue East Cobb, featuring Bed Bath & Beyond, Gap, Pottery Barn, Williams-Sonoma, J. Crew, Banana Republic and Coldwater Creek. Area demographics include a population of 198,427 within five miles earning $120,990 as the average www.dealmakers.net

The

Dealmakers

February 3, 2012

page 15


FO

R LE

AS

E

FOR

FOR

E

LEAS

E

LEAS

FOR LEASE

Space Place Maryland

(continued from page fifteen)

10th Floor, New York, NY 10019; 212-2656600 Ext. 239, Fax 212-459-9133; Email: tmirandi@rdmanagement.com; Web site: www.rdmanagement.com.

Mississippi Diamondhead – Diamondhead Plaza, located along East Aloha Drive, has spaces available from 700 sq.ft. to 19,000 sq.ft. Cotenants include Natal’s Tobacco, U.S. Postal Service, Pizza Hut, Five Happiness, Mi

Mississippi

North Carolina

Mexico and Lenny’s Subs. Area retail includes Ace Hardware, Waffle House, Burger King and First Bank. Area demographics include a population of 19,926 within five miles earning $65,821 as the average household income. The average daily traffic count is 49,000 vehicles. For details, contact John L. Moss, Jr. or Joe S. Mann, Jr., Retail Specialists, Inc., 334 Carondelet Street, Suite 200, New Orleans, LA 70130; 504-527-0882, Fax 504-5275119; Emails: john@retailspecialists.com and joe@retailspecialists.com.

Durham – Glenn View Station, located along Glenn School Road, has spaces available from 1,600 sq.ft. to 2,830 sq.ft. along with outlots from 1.07 acres to 1.37 acres. Walmart Supercenter anchors the center and cotenants include Sally Beauty Supply, Andy’s Cheeseburgers, Dollar Tree, Rainbow Apparel, Shoe Show, Fashion Avenue, GameStop, AT&T Mobility, Superior Martial Arts, TJ’s Styles & Cuts and Verizon Wireless. Area demographics include a population of 30,396 within three miles earning $49,068 as the average household income. Raeford – Shoppes at Raeford, located along Fayetteville Road/Highway 401, has spaces available from 1,200 sq.ft. to 2,000 sq.ft. along with outlots from 1.25 acres to 1.76 acres. Walmart Supercenter anchors the center and cotenants include U.S. Cellular, Fantastic Sams, Ship & Pack, Shoe Show, Smiley’s Beauty Supply, Dollar Tree and Hibachi Buffet. Area draws include Ft. Bragg. Area demographics include a population of 35,530 within seven miles earning $47,695 as the average household income. The average daily traffic count is 19,000 vehicles. For details, contact Jude Crayton or Mary Dufour, WRS Real Estate Investments, Inc.; 843-714-8175 or 803-644-2831; Emails: jcrayton@wrsrealty.com and mdufour@wrsrealty.com; Web site: www.wrsrealestate.com. Huntersville – NorthCross Shopping Center, a 487,827 sq.ft. regional open-air center located along Sam Furr Road/NC Highway 73, has space available. Lowe’s Home Improvement, Kohl’s, Harris Teeter and Target anchor the center. Cotenants include Black Lion and Rack Room Shoes. Area retail includes Tuffy Automotive, Chick-fil-A, McDonald’s, IHOP, Burger King, Chili’s, The Mattress Firm, Longhorn Steakhouse, First Citizens Bank and Wachovia Bank. Area demographics include a population of 207,443 within 10 miles earning $77,713 as the median household income. For details, contact Patrick Russell, American Asset Corp.; 704-295-4006; Email: prussell@aacusa.com.

Texas Dallas –Wynnewood Village, a 438,077 sq.ft. center located at the intersection of South Zang Boulevard and West Illinois Avenue, has spaces available from 1,089 sq.ft. to 2,800 sq.ft. Cotenants include Ross Dress for Less, CitiTrends, El Rancho, Anna’s Linens, Melrose, Fallas Paredes, Greenbacks Dollar (continued on page eighteen) page 16

February 3, 2012

The

Dealmakers

www.dealmakers.net


REach ovER 55,000 REtail REal EstatE DEcisioN MakERs with oNE click. DEvElopERs & BRokERs Retail real estate for lease and for sale closes fast with quality E-Blast leads.

w re a fe a e r e H les of examp kers a Dealm ts. E-Blas

sERvicE pRoviDERs Decision makers look for key vendors and resources to enhance operations and cash flow.

DispositioN coMpaNiEs Move sites quickly with E-Blasts.

For more information, call 1-800-732-5856 or visit www.eblast.net

REal EstatE auctioNs Narrow windows for marketing opportunities make E-Blasts essential.

REtailERs Expedite the site selection process and find more locations.


FO

R LE

AS

E

FOR

FOR

E

LEAS

E

LEAS

FOR LEASE

Space Place Texas

(continued from page sixteen)

Store and Kroger. Area demographics include a population of 318,107 within five miles earning $46,828 as the average household income. Ft. Worth – Trinity Commons, a 197,423 sq.ft. center located at the intersection of South Hulen Street and Bellaire Drive South, has spaces available of 1,280 sq.ft.; 4,570 sq.ft. and 7,093 sq.ft. Cotenants include Ulta, DSW and Tom Thumb. Area demographics include a population of 260,024 within five miles earning $69,864 as the average household income. Houston – Westheimer Commons, a 249,578 sq.ft. center located at the intersection of South Dairy Ashford Road and Westheimer Road, has spaces available from 1,734 sq.ft. to 24,500 sq.ft. Cotenants include Tuesday Morning, Salon Park, Repeat!, Consignment Superstore, Marshalls, Fiesta, Kirkland’s and Walgreens. Area demographics include a population of 404,590 within five miles earning $76,281 as the average household income. Also, Royal Oaks Village, a 145,219 sq.ft. center located at the intersection of Kirwood Road and Westheimer Road, has a 4,050 sq.ft. space available. Cotenants include Aaron’s,

Texas

Texas

Hallmark, Rockfish Seafood Grill and H-E-B. Area demographics include a population of 430,028 within five miles earning $81,040 as the average household income. Katy – Crossing at Fry Road, a 237,340 sq.ft. center located along Fry Road, has a 1,560 sq.ft. space available. Cotenants include Stein Mart, Palais Royal, Kroger, Hobby Lobby and Spec’s Wine, Spirits, Finer Foods & Cigars. Area demographics include a population of 188,046 within five miles earning $99,338 as the average household income. For details regarding the Dallas property, contact Scott Singleton, Brixmor Property Group, 3901 Bellaire Boulevard, Houston, TX 77025; 214-618-6523; Email: scott.singleton@brixmor.com; Web site: www.brixmor.com. For details regarding the Ft. Worth property, contact Michael Watson; 214-618-6521; Email: michael.watson@brixmor.com. For details regarding the Houston properties, contact Kay Walker; 713-253-3860; Email: kay.walker@brixmor.com. For details regarding the Katy property, contact Dianne Colella; 713-660-4312; Email: dianne.colella@brixmor.com.

San Antonio – A 28,570 sq.ft. former Macy’s Furniture Gallery located along Northwest Loop 410 is available. Area retail includes Ingram Mall. The asking rent is $6 psf with NNN fees of $3 psf. For details, contact Valerie Hunter, Henry S. Miller Commercial, 10123 Broadway Avenue, San Antonio, TX 78217; 210883-1312, Fax 210-883-1313; Email: vhunter@henrysmiller.com; Web site: www.henrysmiller.com.

Start your subscription to

Yes!

In the Dec. 16, 2011 issue of The Dealmakers, we incorrectly reported that H. Dean Properties was leasing a space at Ridgeway Shopping Center in Stamford, CT. The corrected item is below: Stamford – A 10,000 sq.ft. space with a basement located along Summer Street is available. Area retail includes Ridgeway Shopping Center, Mint Spa, Old Navy, IHOP, Staples and Party City. For details, contact Howard Dean, H. Dean Properties; 914-631-3000; Web site: www.hdeanproperties.com. DM

today!

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

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

 $294 for one year

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

Please circle appropriate card:

Mail my subscription to

Card #

Name _________________________________

_______________________________

Company ______________________________

Exp. Date ___________ Sec. Code ___________

Address _______________________________

Signature _______________________________

City ___________________________________ State _____________

What you’ve missed in the last 47 issues

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

Zip ________________

Phone __________________________________ Fax ____________________________________ Email __________________________________

Expedite your order by faxing the completed form to 609-587-3511 P.O. Box 2630 | Mercerville, NJ 08690 | 800-732-5856 or 609-587-6200 | Fax 609-587-3511 | www.dealmakers.net page 18

February 3, 2012

The

Dealmakers

www.dealmakers.net


• Over 50 properties exclusively listed • Over 55 tenants exclusively represented • Fastest growing retail brokerage and management company in the Mid-Atlantic

at S t n a n te & S e i t p er o et r n . p g f n o i iSt ult l S r n u o o c ud See a n e r . www

8605 Westwood Center Drive, Suite 410, Vienna, Virginia 22182 | (703) 404-2346


truSt is something

you earn

We’ve changed our name from cedar Shopping centers to one that reflects what we’re all about – a fully-integrated real estate investment trust single-mindedly focused on creating long-term value for our shareholders and long-term relationships with our tenants. our high-quality core portfolio of primarily supermarket-anchored shopping centers straddling the Washington, dc to Boston corridor totals 9.5 million square feet of gLa. In addition, we have an ownership interest through a joint venture in similarly-situated supermarket-anchored shopping centers, having approximately 3.7 million square feet of gLa that we manage.

Leasing

nancy mozzachio, vP of Leasing nmozzachio@cdrrt.com • 856-218-8677

acquisitions

michael Winters, vP of acquisitions mwinters@cdrrt.com • 516-944-4523

CDR

www.cedarrealtytrust.com


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.