Reporting The Nation’s Weekly News on Retailing & Retail Real Estate
Volume XXVI No. V
February 4, 2011
Apparel Chains Expand Nationwide Cato operates 1,000 locations nationwide throughout 31 states. The stores, offering women’s, misses’, juniors’, plus-size and girls’ apparel, accessories and footwear, occupy spaces of 4,000 sq.ft. to 5,000 sq.ft. in power centers. Growth opportunities are sought throughout southern IL and MO during the coming 18 months, with representation by L3 Corp. It’s Fashion Metro operates 86 locations throughout AL, AR, FL, GA, LA, MS, NC, OK, SC, TN, TX and VA. The stores, offering men’s and women’s, plus-size, juniors’, misses’ and children’s apparel, accessories and footwear, occupy spaces of 9,000 sq.ft. to 11,000 sq.ft. in power and strip centers. Growth opportunities are sought throughout the St. Louis metropolitan area and northern MO during the coming 18 months, with representation by L3 Corp. For more information, contact Scott Bitney, L3 Corp., 12655 Olive Boulevard, Suite 220, St. Louis, MO 63141; 314-469-7400, Fax 314576-9768; Email: scott@l3corp.net; Web site: www.l3corp.net. Burlington Brands operates nine locations throughout AL, NC, NV, SC and TN. The stores, offering men’s and women’s casual sportswear, occupy spaces of 5,000 sq.ft. in outlet centers. Limited growth opportunities are sought throughout the existing markets during the coming 18 months. For more information, contact Blake Wagner, Burlington Brands, PO Box 1023, Burlington, NC 27215; 336-229-5155, Fax 336-227-3788; Web site: www.burlingtonbrands.com.
Formal Specialists, Ltd. trades as Al’s Formal Wear at 100 locations throughout AR, CO, LA, MS, OK and TX. The stores, offering tuxedos and men’s formal wear, 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 713-7967123; Email: ellis.rushefsky@alsformalwear.com; Web site: www.alsformalwear.com. Tuxedo Royale, Ltd. trades as Tuxedo Royale at 13 locations throughout southern Ontario, Canada. The stores, offering men’s formal wear, occupy spaces of 650 sq.ft. to 900 sq.ft. in malls and 800 sq.ft. to 1,200 sq.ft. in strip centers and street fronts. Growth opportunities are sought throughout the existing market during the coming 18 months. A minimum of 20 feet of frontage is required for street front locations. For more information, contact Ivan Zichy, Tuxedo Royale, Ltd., 185 Konrad Crescent, Markham, Ontario, Canada L3R 8T9; 905474-0304, Fax 905-474-1697; Web site: www.tuxedoroyale.com. (continued on page three)
This issue contains information on:
* Retailers operating 51,319 locations with plans to open 3,640 sites * Real estate valued in excess of $51.9 million to be bought, sold & financed * Leasing activity on over 4.1 million sq.ft. of retail properties
Important News Please Expedite
Postmaster: Periodical
Featuring ICSC North Florida Idea Exchange Sources of Financing Hudson Realty Capital provided $6 million for a shopping center in Richardson, TX...................... Pg. 3 Buyers and Sellers WP Realty, Inc. acquired a 115,411 sq.ft. center in Philadelphia, PA.................... Pg. 4 New Construction Developers Realty Corp. is preleasing projects in NY and PA......................................... Pg. 5 Openings Navarro Discount Pharmacies to open 22 locations throughout FL........................ Pg. 6 Exclusives Northwest Atlantic Real Estate Services represents Guitar Center in major metro markets nationwide............................ Pg. 7 Food Retailers Expand Firehouse Subs seeking locations throughout the Chicago, IL metropolitan area Pg. 8 In the News Seldin Co. and Coldwell Banker Commercial Real Estate Group form World Group Commercial Real Estate..................................... Pg. 9 Lease Signings NAI Houston negotiated a lease with Brooks Furniture Rental for 43,050 sq.ft. in Houston, TX.......................... Pg. 10 Lead Sheet Continental Rental to open stores throughout MI.............. Pg. 13 Allen-Edmonds Shoe Corp. seeking sites nationwide........ Pg. 13 Space Place........................... Pg. 16
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