Reporting The Nation’s Weekly News on Retailing & Retail Real Estate Volume XXX No. V
February 6, 2015
FEATURING HOME-RELATED CHAINS EXPAND NATIONWIDE Aaron’s operates more than 2,130 locations nationwide and in Canada. The stores, offering the sale and rental of home appliances, electronics and residential and office furniture, occupy spaces of 5,000 sq.ft. to 8,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout MD, VA and Washington, DC during the coming 18 months, with representation by NREB, LLC. Preferred cotenants include grocery stores. For more information, contact Jeff Gelberman, NREB, LLC, 10319 Westlake Drive, Suite 284, Bethesda, MD 20817; 301-770-8587, Fax 301770-8591; Email: jeff@nreb.net. RTA Furniture Distributors, Inc. trades as Just Cabinets Furniture & More at 18 locations throughout DE, MD, NJ and PA. The stores, offering home furnishings and cabinetry, occupy spaces of 18,000 sq.ft. in outlet, strip and value centers. Growth opportunities are sought throughout MD, NJ and PA during the coming 18 months. Preferred cotenants include T.J. Maxx, Marshalls, Ulta and DSW. Preferred demographics include a trade area population earning at least $75,000. Major competitors include Home Depot, Value City Furniture and regional furniture retailers. For more information, contact Ted Bernstein, RTA Furniture Distributors, Inc., 5500 Linglestown Road, Harrisburg, PA 17112; 717-540-5500, Fax 717-526-6120; Email: tedbernstein@justcabinets.com; Web site: www.justcabinets.com.
Ashley Furniture Industries, Inc. trades as Ashley Furniture HomeStore at 500 locations nationwide. The stores, offering living room, dining room, bedroom and office furniture, as well as home accents, occupy spaces of 35,000 sq.ft. in freestanding locations and inline spaces and endcaps of power centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Preferred cotenants include national and regional retailers. For more information, contact Gary Colby, Ashley Furniture Industries, Inc., 1 Ashley Way, Arcadia, WI 54612; 608-323-3377; Email: gcolby@ashleyfurniture.com; Web site: www. ashleyfurniture.com. Tollefson’s Retail Group trades as Carpet Garage and Slumberland Furniture at 22 locations throughout MN, MT and ND. The company prefers to occupy spaces of 16,000 sq.ft. to 21,000 sq.ft. in freestanding locations. Growth opportunities are sought for Carpet Garage throughout the existing markets during the coming 18 months. Preferred demographics include a population of 35,000 within 15 miles. The company prefers to build its stores and requires a land area of at least 50,000 sq.ft. For more information, contact Roger Tollefson, Tollefson’s Retail Group, PO Box 698, Minot, ND, 58702; 701-852-5231, Fax 701-837-0177; Web site: www.carpetgarage.com. (continued on page seven)
THIS ISSUE CONTAINS INFORMATION ON: • Retailers operating 31,952 locations with plans to open 1,841 sites • Real estate valued in excess of $180 million to be bought, sold & financed • Leasing activity on over 5.6 million sq.ft. of retail properties WS T NE RTAN PEDITE O P X IM SE E PLEA
Postmaster: Periodical
PRE-SHOW ICSC MID-ATLANTIC CONFERENCE New Construction Branch Properties developing retail sites in FL, NC and TN....... Pg. 3 Buyers and Sellers JBL Asset Management, LLC acquires four shopping centers.... Pg. 4 Who’s Opening and Where Zinga Frozen Yogurt to enter the greater Washington, DC market Pg. 5 Von Maur Department Store to take over former Nordstrom space in GA................................ Pg. 5 Food Chains Expand Just Falafel to open 10 units in NJ Pg. 6 Another Broken Egg Café to enter CO, MO and OK........................ Pg. 6 Exclusives and Tenant Reps Centre-Line Real Estate reps anchor tenants in FL................... Pg. 7 Sources of Financing CBRE places $79 million loan on MD shopping center................... Pg. 8 Making the News CBRE | Raleigh hires senior vice president.................................... Pg. 8 Lease Signings illi Commercial Real Estate inks deals throughout CA................... Pg. 8 Lead Sheet Conn’s to enter AL, GA and VA
Pg. 9
Bed Bath & Beyond to open 35 stores.......................................... Pg. 9 LA Fitness focuses on 25 new locations..................................... Pg. 10 Space Place................................ Pg. 14
REPRESENTING TENANTS & LANDLORDS IN NEW YORK, NEW JERSEY & BEYOND
TO LEARN MORE ABOUT OUR CURRENT RETAIL AVAILABILITIES PLEASE VISIT US AT WINICK.COM OR CALL US AT 212.792.2629 Winick Realty Group LLC | Licensed Real Estate Brokers 655 Third Avenue, 8th Floor | New York, NY 10017 T. 212.792.2600 F. 212.792.2660 winick.com
NEW CONSTRUCTION Real Property Specialists, Inc. is proposing the development of a retail site on 7.75 acres along US Highway 27 North in Sebring, FL. Retail and restaurant spaces from 1,000 sq.ft. to 6,000 sq.ft. will be available. The site is adjacent to Shops at Shelby Crossing. Area retailers include Starbucks, Panera Bread, Bed Bath & Beyond, Ross Dress for Less, Michaels, Gold’s Gym, Books-A-Million, Petco, The Olive Garden, Aspen Dental and Badcock Furniture. Area demographics include a population of 44,117 within a five-mile radius earning $46,632 as the average household income.
President/Publisher Ann O’Neal • ann@dealmakers.net Editor Erin Dunkley • erin@dealmakers.net Editor Stephanie Weaver • stephanie@dealmakers.net Creative Director Anthony Pingicer • anthony@dealmakers.net Account Executive Nicole Papa • nicole@dealmakers.net Executive Assistant Kait Kelly • kait@dealmakers.net Co-Founder Ted Kraus • 1979–2007
The DealmakersTM (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 $344 per year U.S., foreign $419 by TKO Real Estate Advisory Group Inc., PO Box 2630, Mercerville, NJ 08690-0630.
For more information, contact Blake Charron or Ryan Baarman, Real Property Specialists, Inc., 2345 West Sand Lake Road, Suite 100, Orlando, FL 32809; Emails: blake@realpropertyspecialists.com and ryan@realpropertyspecialists.com; Web site: www.realpropertyspecialists.com. Midland Atlantic Properties, Inc. is preleasing a proposed 7,500 sq.ft. retail development located at the intersection of Interstate 69 and State Route 238 in Fishers, IN. Endcap space with a drive-thru is available. Area retailers include Starbucks, Subway, Taco Bell, Wendy’s, Dairy Queen and Culver’s. The average daily traffic count is 130,000 vehicles. The project is slated for completion during the fall. For more information, contact Jeff Hubley or Patrick Boyle, Midland Atlantic Properties, Inc., 9000 Keystone Crossing, Suite 850, Indianapolis, IN 46240; 317-580-9900; Emails: jhubley@midlandatlantic.us and pjboyle@midlandatlantic.com; Web site: www.midlandatlantic.com. Katz & Associates is preleasing a 10,010 sq.ft. retail project located at the intersection of U.S. Highway 521 and SC Highway 160 in Indian Land, SC. A restaurant endcap space with a patio is available. The site is adjacent to Lowe’s Home Improvement. Area demographics include a population of 88,371 within a fivemile radius earning $110,715 as the average household income. The average daily traffic count is 34,103 vehicles along Highway 521. For more information, contact Margot Bizon, Katz & Associates, 4500 Cameron Valley Parkway, Suite 240, Charlotte, NC 28211; 704-602-9358; Email: margotbizon@dkatz.com; Web site: www.katzassociates.com.
Branch Properties, LLC is redeveloping the first phase of Island Walk at Palm Harbor, located in Palm Coast, FL, slated to be completed by spring. Phase two of redevelopment will be anchored by Publix and feature additional small shop spaces, with an opening slated for fall. Phase three will include a 50,000 sq.ft. expansion slated for completion during mid-2016. The company is also developing Papermill Plaza, located at the intersection of Papermill Road and Kingston Pike in Knoxville, TN. Area draws include University of Tennessee. The company is also developing phase two of Village Commons, located at the intersection of NC Highway 84 and Waxhaw-Indian Trail Road in Wesley Chapel, NC. Plans call for an additional 150,650 sq.ft. of shop space. Target anchors the center and cotenants include Rack Room Shoes. Area demographics include a population of 71,000 within a five-mile radius earning $97,000 as the average household income. For more information, contact Branch Properties, LLC, 3340 Peachtree Street, Atlanta, GA 30326; 404-832-8900; Web site: www.branchprop.com. Landcorps, Inc. is developing a mixed-use site situated on 750 acres and located at the intersection of US 78/GA Highway 138 and GA Highway 11 in Monroe, GA. Plans call for 400 acres reserved for commercial property and 350 acres reserved for residential properties. For more information, contact Lee Rowell, Landcorps, Inc., PO Box 1936, Monroe, GA 30655; 770-267-8900; Web site: D www.mtncreekmonroe.com. M
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 DealmakersTM 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 08690-0630. Periodical postage paid at Trenton, NJ and at additional mailing offices. Affiliated with Tenant Search, E.S.P., E-Blast Copyright 2015 by TKO Real Estate Advisory Group Inc. 609-587-6200, fax 609-587-3511.
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Branch Properties, LLC is developing phase two of Village Commons in Wesley Chapel, NC. February 6, 2015 | Page 3
BUYERS AND SELLERS Orion Investment Real Estate is selling a 35,500 sq.ft. mixed-use retail center situated on 3.25 acres along North 75th Avenue in Phoenix, AZ. The property is currently 69% occupied and is an outparcel to Desert Sky Mall. Area demographics include a population of 346,688 within a five-mile radius earning $50,853 as the average household income. The asking price is $4.25 million with a Cap rate of 7.63%. For more information, contact Ari Spiro or Sean Stutzman, Orion Investment Real Estate, 7135 East Camelback Road, Suite 202, Scottsdale, AZ 85251; 480-634-8596/8194; Emails: ari.spiro@orionprop.com and sean.stutzman@orionprop.com.
Friedman Integrated Real Estate Solutions recently negotiated the sale of Elmwood Park Plaza, a 48,109 sq.ft. neighborhood shopping center located along Chene Street in Detroit, MI. At the time of the sale, Family Fair Market anchored the property. The company represented the buyer and the seller in the transaction. For more information, contact Amber Decker, Friedman Integrated Real Estate Solutions, 34975 West Twelve Mile Road, Farmington Hills, MI 48331; 248-324-2000; Email: amber.decker@freg.com; Web site: www.friedmanrealestate.com.
Newmark Cornish & Carey is selling Mason Square in Houston, TX. The property is currently 100% occupied. Cotenants include Mattress Firm and PieFive Pizza Co. Area retailers include Randall’s, 24 Hour Fitness, H-E-B and ACE Hardware. Area demographics include a trade-area population within five miles earning $117,500 as the average household income. The asking price is $4.787 million with a Cap rate of 6.25%. For more information, contact Michael Yuras or Putnam Daily, Newmark Cornish & Carey; 415-481-0788/415-445-5107.
JBL Asset Management, LLC recently acquired the following four shopping centers: Fashion Place, a 147,000 sq.ft. center located in Columbia, SC which is currently 93% occupied and anchored by Badcock Furniture, Staples and Goodwill; Friendswood Shopping Center located in Friendswood, TX; Kennedy Marketplace, a shopping center located in Windsor, CT and currently 94% occupied with cotenants including Bank of America, Chili’s, Petco and Dollar Tree and Marketplace in Peachtree Corners, GA. For more information, contact Mike Outlaw, JBL Asset Management, LLC; 954346-9494; Web site: www.jblmgmt.com.
Jones Lang LaSalle has been appointed as the exclusive sales agent for Uniontown Mall, a 700,012 sq.ft. regional mall located at the intersection of Route 119 and Route 40 in Uniontown, PA. JC Penney, Burlington, The Bon-Ton and Sears anchor the center. For more information, contact David F. Monahan, Jones Lang LaSalle, 300 Interspace Parkway, Building A, Suite 3, Parsippany, NJ 07054; 212-812-5704; Email: david. monahan@am.jll.com.
Brauvin Real Estate recently acquired a Walgreens pharmacy in Indianapolis, IN for $1.8 million. For more information, contact Eric Saltzman, Sean Devine or Drew McElligott, Brauvin Real Estate, 205 North Michigan Avenue, Suite 1900, Chicago, IL 60601; 312-759-7668/7662/7663; Emails: esaltzman@brauvin.com; sdevine@brauvin.com and drew@brauvin.com; Web site: www.brauvin.com.
Marcus & Millichap is selling Commerce Plaza, a 59,386 sq.ft. shopping center located along Lincoln Trail in Fairview Heights, IL. JoAnn Fabrics currently anchors the center. The asking price is $8.055 million with a Cap rate of 8.5%. The company is also selling Grand Marketplace, a 9,971 sq.ft. neighborhood strip center located along North Grand Boulevard in St. Louis, MO. The asking price is $1.232 million with a Cap rate of 9.5%. The company also recently negotiated the sale of Nome Plaza, an 18,148 sq.ft. strip center located at the intersection of Nome Avenue and Richmond Avenue in Staten Island, NY. At the time of the sale, the site was 100% occupied and tenants included Bario’s Pizza, Dance Studio and Princess Nails. The property was acquired for $10.3 million. For more information regarding the sites in IL and MO, contact Brett Chetek, Marcus & Millichap, 7800 Forsyth Boulevard, Suite 710, St. Louis, MO 63105; 314-889-2500. For more information regarding the site in NY, contact Scott Plasky, 270 Madison Avenue, Suite 7, New York, NY 10016; 212430-5100. Cushman & Wakefield recently negotiated the sale of Cypress Station Square, a 140,924 sq.ft. neighborhood center located in Houston, TX. At the time of the sale, the property was 84% occupied and tenants included David’s Bridal and Hooters. The company represented the seller in the transaction. The company also recently negotiated the sale of a 15,000 sq.ft. retail building located along North Scottsdale Road in Scottsdale, AZ. The property was acquired for $2 million by Fate Brewing Co. Cushman & Wakefield | Thalhimer recently negotiated the sale of Monroe Crossing, a 379,630 sq.ft. regional mall located along West Roosevelt Boulevard in Monroe, NC. At the time of the sale, tenants included Belk’s, JC Penney, Sears, Hibbett Sports, Shoe Carnival, Buffalo Wild Wings and Planet Fitness. The company represented the seller in the transaction. For more information, contact Tom Salanty, Cushman & Wakefield, 2101 Cedar Springs Road, Suite 900, Dallas, TX 75201; 972-6639693; Email: tom.salanty@cushwake.com; D Web site: www.cushwake.com. M
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WHO’S OPENING AND WHERE Nordstrom, Inc. (206-628-2111) is planning to open a 33,357 sq.ft. Nordstrom Rack store at Destiny USA in Syracuse, NY during the fall. The company will join The Cheesecake Factory, Armani Outlet, Lord & Taylor, Macy’s, JC Penney, H&M, Saks OFF 5th, T.J. Maxx and DSW at the mall. The chain of discount department stores is also planning to open a 33,000 sq.ft. Nordstrom Rack at the site of a former Toby Keith’s I Love This Bar & Grill in Folsom, CA during spring 2016. It will be the company’s third Nordstrom Rack store in the region. The chain offers apparel, footwear and accessories for men and women, and currently operates more than 290 locations nationwide, trading as Nordstrom, Nordstrom Rack, Jeffrey boutique and one clearance outlet. Whole Foods Market, Inc. (512-477-4455) is planning to open a Whole Foods Market at Hamilton Crossing, a 570,000 sq.ft. retail development situated on 63 acres at the intersection of Route 222 Bypass and Hamilton Boulevard in Lower Macungie Township, PA during mid-2016. The company will join Costco, Dick’s Sporting Goods, Nordstrom Rack, PetSmart, Pier 1 Imports at the center. The company is also planning to expand throughout the Chicago, IL area this year, opening locations in Edgewater, Elmhurst, Evanston and Willowbrook. The stores will occupy spaces previously tenanted by Dominick’s. The chain, offering organic and natural food items, currently operates more than 406 specialty supermarkets nationwide and in Canada and the United Kingdom and also operates under a spa concept trading as Milk + Honey Spa. Dunkin’ Brands (781-737-3000), through a franchise expansion plan, is opening Baskin-Robbins locations throughout the Louisville, KY market this year. The company also plans to grow in the Los Angeles, San Francisco and San Diego, CA; Atlanta, GA; Lexington, KY; Columbus, OH and Albany, NY markets. The company, serving coffee, donuts and breakfast sandwiches, operates more than 11,000 Dunkin’ Donuts locations and more than 7,400 Baskin-Robbins ice cream shops worldwide. Zinga Frozen Yogurt (772-287-2662) is planning to open frozen yogurt shops throughout Dallas, TX; Denver, CO; northern VA; MD, FL, the New England region of the U.S. and the Washington, DC metropolitan market. The company currently has 300 locations in development throughout 12 states and currently operates 23 locations throughout CO, FL, MA, NH, TX and VA. Dealmakers Magazine | www.dealmakers.net
Publix Super Markets, Inc. (863-680-5371) is planning to open a 49,000 sq.ft. Publix Super Market at the site of a former Masonic Lodge located along Miller Street in WinstonSalem, NC by the end of the year. The store will be across the street from Whole Foods Market and Harris Teeter. Von Maur Department Store (877-8666287) is planning to open a 165,000 sq.ft. store at the site of a former Nordstrom location at the Mall of Georgia in Buford, GA during fall 2016. This will be the chain’s third location in the state. The company will join Belk, Macy’s, Dick’s Sporting Goods
and JC Penney at the center. The company, offering family apparel, footwear and accessories, as well as gift items, currently operates 30 department stores throughout 14 states nationwide, including recent entries into AL, NY and OK. Which Wich Superior Sandwiches (214747-9424), projects 81 openings this year and through a franchised expansion plan, is opening restaurants throughout the Bradenton-Sarasota, FL market. The chain currently operates 340 sandwich shops throughout 41 states, as well as locations in D Dubai, Mexico and Panama. M
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FEATURING
E S EXPAND NATIONWID SUPER MARKET CHAIN 160 locations operates more than
15 locations throughout Fairway Market operates s, NY. The supermarket CT, northern NJ and produce, seafood and featuring bakery, deli, well as offering organic meat departments, as department, prefer to food products and a beer sq.ft. to 60,000 sq.ft. occupy spaces of 50,000 shopping centers. in regional or community throughout sought are s Growth opportunitie the coming 18 months, northern NJ during Welco Realty. Preferred with representation by or big box retailers cotenants include mid-sized Beyond. Bath & such as Target and Bed contact Jerry Welkis, For more information, Palmer Avenue, New Welco Realty, 2525 914-576-7500, Fax 914Rochelle, NY 10801; ; jwelkis@welcorealty.com 576-7596; Email: and www.welcorealty.com sites: Web www.fairwaymarket.com.
Market operates 10 Fresh Thyme Farmers IL, IN and OH. The locations throughout deli, bakery, meat, supermarkets, offering as departments, as well produce and seafood occupy spaces of offering bulk food items, sq.ft. in freestanding 30,000 to sq.ft. 26,000 Growth opportunities locations and strip centers. in the existing markets, are sought throughout KY, MI, MN, MO, NE, addition to entering IA, months. 18 coming TN and WI during the contact Justin Haasch, For more information, 2222 West Pinnacle Fresh Thyme Farmers Market, Phoenix, AZ 85027; 844Peak Road, Suite 220, ; hthyme.com jhaasch@fres 218-8032; Email: yme.com. Web site: www.freshth on page twenty-four) (continued
S INFORMATION ON: 7,493 sites THIS ISSUE CONTAIN locations with plans to open • Retailers operating 152,586 $506 million to be bought, sold & financed excess of • Real estate valued in properties 11 million sq.ft. of retail • Leasing activity on over Postmaster: Periodical
NCE ICSC NEW YORK CONFERE
Weis NY, PA and WV. The throughout MD, NJ, spaces of 57,000 sq.ft. supermarkets occupy locations and to 63,000 sq.ft. in freestanding opportunities are shopping centers. Growth areas in MD, as sought throughout metropolitan DC during the well as in WV and Washington, representation by Next coming 18 months, with LLC. , Realty Mid-Atlantic contact Ray Schupp, For more information, 1750 Old LLC, , Next Realty Mid-Atlantic 250, McLean, VA Meadow Road, Suite 703-442-8818; 703-442-4500, 22102; ; Web site: Email: rschupp@nextrealty.com www.weismarkets.com. www.nextrealty.com and
locations nationwide Aldi operates nearly 1,300 supermarkets, offering in 32 states. The occupy spaces of discounted food products, sq.ft. in freestanding 15,000 sq.ft. to 20,000 of shopping centers. locations and endcaps sought throughout Long Growth opportunities are 18 NY during the coming Island and New York, by Ripco Real Estate. n months, with representatio contact Jeremy Isaacs, For more information, Jericho Turnpike, Suite Ripco Real Estate, 420 516-933-8880, Fax 516100, Jericho, NY 11753; ony.com; Web 933-2514; Email: jisaacs@ripc and www.aldi.com. sites: www.ripcony.com
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New Construction preleasing Royal Properties, Inc. Pg. 4 redevelopment in NY ....................... Observations & Conversations
......... Pg. 6
Buyers and Sellers on two Nassimi Realty closes ..................... Pg. 8 shopping centers in PA Who’s Opening and Where two in NJ ....... Pg. 10 Nordstrom Rack takes Pg. 16 State of the Industry......................... Food Chains Expand ..................... Pg. 18 Café Rio to go national 50 locations ... Pg. 36 World of Beer to open Home-Related Chains growth in NJ HomeGoods continues
Pg. 26
Apparel Chains Expand open 12 stores Anthropologie plans to 13 locations Pg. 40 and Free People to open Lease Signings inks deal with The Goldstein Group ..... Pg. 46 Ethan Allen in NJ ......................... Lead Sheet 100 store Five Below projects .................. Pg. 54 openings......................... plans to open Orangetheory Fitness ........... Pg. 55 120 locations ......................... Sources of Financing loan for Cronheim Mortgage places Pg. 61 lifestyle center in NJ ......................... focused on Envoy Net Lease Partners ..... Pg. 61 net-lease lending ......................... Exclusives Toros Taqueria Pg. 64 Zelnik & Co. reps Dos on two outlet The WAS Group takes ..................... Pg. 64 centers......................... Making the News names Retail Brokers Network ..................... Pg. 64 western region director ............. Pg. 70
Space Place ......................... ICSC NY Conference Floor Most Valuable Players
Plan....... Pg. 74
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February 6, 2015 | Page 5
FOOD CHAINS EXPAND NATIONWIDE California Tortilla operates more than 40 locations throughout DE, MA, MD, PA, VA and Washington, DC. The restaurants occupy spaces of 2,000 sq.ft. to 3,000 sq.ft. in endcaps of strip, power or town centers, as well as pad sites and freestanding locations. Growth opportunities are sought throughout FL, NC, NJ, NY and VA during the coming 18 months. Typical leases run two years with five-year options. Preferred cotenants include Starbucks, Panera Bread and Cold Stone Creamery. Preferred demographics include a population of 12,500 within a one-mile radius. Preferred average daily traffic counts include 20,000 vehicles. For more information, contact Jim Tisack, California Tortilla, 20 Courthouse Square, Suite 206, Rockville, MD 20850; 301-545-0035, Fax 301-545-0051; Email: jtisack@californiatortilla.com; Web site: www.californiatortilla.com. Arby’s Restaurant Group trades as Arby’s at more than 3,000 locations nationwide. The fast food restaurants occupy spaces of 1,600 sq.ft. to 2,500 sq.ft. in malls, endcaps of shopping centers, freestanding locations and downtown areas. Growth opportunities are sought nationwide during the coming 18 months. The company prefers sites with a drive-thru. Typical leases run 20 years. Major competitors include McDonald’s, Wendy’s, Burger King and Chick-fil-A. Preferred cotenants include Walmart. The company prefers site submittals via email. For more information, contact Elizabeth Robinson, Arby’s Restaurant Group, 1155 Perimeter Center West, Atlanta, GA 30338; Email: erobinson@arbys.com; Web site: www.arbys.com.
Nestle Toll House Café operates more than 135 locations nationwide and internationally. The cookie shops prefer to occupy spaces of 800 sq.ft. to 1,500 sq.ft. in outlet, regional, lifestyle, power and strip centers, as well as malls. Growth opportunities are sought throughout central FL during the coming 18 months, with representation by LandQwest Commercial. Great American Cookies operates locations nationwide and internationally. The cookie shops prefer to occupy spaces of 200 sq.ft. to 1,000 sq.ft. in malls, lifestyle centers and kiosks. Growth opportunities are sought throughout central FL during the coming 18 months, with representation by LandQwest Commercial. Menchies operates more than 400 locations nationwide and internationally. The frozen yogurt shops prefer to occupy 1,000 sq.ft. to 1,600 sq.ft. endcaps or inline spaces of shopping centers. Growth opportunities are sought throughout central FL during the coming 18 months, with representation by LandQwest Commercial. The company prefers to locate in areas with high traffic counts. For more information, contact Julia Sosa, LandQwest Commercial, 3700 34th Street, Suite 302, Orlando, FL 32805; 407-660-7500, Fax 407-660-7600; Email: jsosa@lqwest.com; Web site: www.lqwest.com. Another Broken Egg Café of America, Inc. trades as Another Broken Egg Café at more than 40 locations throughout AL, CA, FL, GA, IN, KY, LA, MS, NC, SC, TN and TX. The restaurants prefer to occupy spaces of 3,500 sq.ft. to 4,000 sq.ft. in endcaps of shopping centers. Growth opportunities are sought throughout CO, FL, MO, OK, TN and TX during the coming 18 months.
For more information, contact Director of Real Estate, Another Broken Egg Café of America, Inc., 600 Grand Boulevard, Suite M-209, Miramar Beach, FL 32550; 850-424-5157, Fax 850-424-5905; Email: franchisesales@anotherbrokenegg.com; Web site: www.anotherbrokenegg.com. Baker’s Delight operates more than 700 locations throughout Canada, Australia and New Zealand. The bakeries prefer to occupy spaces of 1,000 sq.ft. in regional malls and strip centers. Growth opportunities are sought throughout Canada during the coming 18 months. Typical leases run five to 10 years. The company prefers to locate in sites near produce stores in middle to upper income, family-oriented neighborhoods. The company trades as COBS Bread in Canada. For more information, contact John Gilson, Baker’s Delight, 210-369 Terminal Avenue, Vancouver, British Columbia, Canada V6A 4C4; 604-296-3500, Fax 604-294-6400; Email: john.gilson@cobsbread.com; Web site: www.cobsbread.com. Maria Maria operates two locations in CA. The Mexican restaurants occupy spaces of 5,000 sq.ft. to 6,000 sq.ft. in regional malls, street fronts and lifestyle centers. Growth opportunities are sought throughout the Bay Area of CA during the coming 18 months, with representation by Metropolis Retail, Inc. The company prefers second-generation restaurant spaces or pad sites. For more information, contact Lary Hanshaw, Metropolis Retail, Inc., 89 Orinda Way, Suite 4, Orinda, CA 94563; 925-2577025; Email: lhanshaw@metropolisretail.com; Web site: www.metropolisretail.com. Just Falafel operates 65 locations nationwide and internationally. The restaurants occupy spaces of 1,200 sq.ft. to 2,000 sq.ft. in regional malls, transit markets and universities. Plans call for a minimum of 10 restaurants opening throughout NJ during the coming 18 months, with representation by Jeffery Realty. Typical leases run 10 years with two, five-year options. For more information, contact Shane Wierks, Jeffery Realty, 116 Route 22, North Plainfield, NJ 07060; 908-6689600 Ext. 223, Fax 908-668-5225; Email: swierks@jefferyrealty.com; Web site: www.jefferyrealty.com.
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EXCLUSIVES AND TENANT REPS Centre-Line Real Estate (305-576-9008) is representing the following companies with their expansion plans throughout FL: HomeGoods occupying spaces of 27,000 sq.ft., T.J. Maxx using spaces of 29,000 sq.ft. and Panera Bread in spaces of 4,000 sq.ft. to 5,000 sq.ft. and La-Z-Boy Furniture occupying spaces of 2,000 sq.ft. throughout Miami-Dade; Jamba Juice utilizing spaces of 800 sq.ft. to 1,500 sq.ft., Pinkberry in spaces of 800 sq.ft. to 1,500 sq.ft., Checkers occupying spaces of 1,600 sq.ft., UFC Gym using spaces of 5,000 sq.ft. to 10,000 sq.ft., Maggiano’s Little Italy utilizing spaces of 8,000 sq.ft. to 10,000 sq.ft., Krispy Kreme in spaces of 1,000 sq.ft. to 2,000 sq.ft., T-Mobile using spaces of 2,500 sq.ft. and Pier 1 Imports in spaces of 8,000 sq.ft. to 10,000 sq.ft. throughout southern FL; Panda Express occupying spaces of 2,200 sq.ft. throughout Miami-Dade and Broward counties and Harbor Freight Tools utilizing spaces of 13,000 sq.ft. to 18,000 sq.ft. throughout southern and southwestern FL. Lockehouse Retail Group, Inc. (650-548-2676) is representing GenZe Electric Scooters with its expansion plans throughout The Embarcadero, SOMA and Financial District sections of San Francisco, CA. The company, offers electric scooters and bikes, and prefers to occupy spaces of 1,500 sq.ft. to 3,000 sq.ft. near universities or downtown areas. Royal Properties, Inc. (914-237-3403) was recently appointed as the exclusive leasing agent for the following properties in CT: a Walgreens-anchored shopping center located along Route 7 in Norwalk, with cotenants including Supercuts, Subway and T-Mobile; Staples Plaza, a 30,985 sq.ft. shopping center located along Kings Highway in Fairfield, with cotenants including Verizon Wireless and Al’s Warehouse Liquor and an 8,551 sq.ft. strip center located along Post Road East in Westport.
HOME-RELATED CHAINS EXPAND NATIONWIDE (continued from page one)
Tuesday Morning operates 810 locations nationwide. The stores, offering home décor, seasonal merchandise, garden accessories, dinnerware, frames, luggage and lamps, occupy spaces of 12,500 sq.ft. in freestanding locations, entertainment, lifestyle, power, strip, tourist and value centers, as well as urban/downtown areas. Typical leases run five years with three, fiveyear options. A vanilla shell is preferred. Preferred demographics include a population of 175,000 within five miles earning an upper median household income. The company will consider sites above 10,000 sq.ft. and requires a minimum of 50 dedicated parking spaces. For more information regarding expansion throughout CT, DE, FL, MA, MD, ME, NH, NJ, NY, PA, RI, VA and VT, contact Cory Bird, Tuesday Morning, 6250 LBJ Freeway, Dallas, TX 75240; 800-4570099; Email: cbird@tuesdaymorning.com; Web site: www.tuesdaymorning.com. For more information regarding expansion throughout AL, AR, GA, LA, MS, NC, OK, SC and TN, contact Andy Goldblatt, Email: agoldblatt@tuesdaymorning.com. For more information regarding expansion throughout AZ, CA, NV, OR, UT and WA, contact Susan Forrester, Email: sforrester@tuesdaymorning.com. For more information regarding expansion throughout IL, IN, KY, MI, OH, TX, WI and WV, contact Karen Slayton, Email: kslayton@tuesdaymorning.com. For more information regarding expansion throughout CO, IA, ID, KS, MO, MN, MT, ND, NE, NM and SD, contact Josh Kohler, Email: jkohler@tuesdaymonring.com. Orscheln Farm & Home, LLC trades as Orscheln Farm & Home Supply at 160 locations throughout AR, IA, IL, IN, KS,
KY, MO, NE and OK. The stores, offering automotive supplies, lawn and garden products, outdoor apparel, fencing, home improvement items and farming and ranch supplies, occupy spaces of 25,000 sq.ft. to 50,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets, excluding IL, during the coming 18 months. Typical leases run 10 to 15 years. A vanilla shell is required. Preferred cotenants include grocery and discount stores. Major competitors include Tractor Supply Co. For more information, contact Rick Powers, Orscheln Farm & Home, LLC, 1800 Overcenter Drive, Moberly, MO 65270; 660-269-3580, Fax 660-269-3590; Email: rpowers@orscheln.com; Web site: www.orschelnfarmhome.com. Warehouse Home Furnishings Dist. Inc., trades as Farmers Home Furniture at 188 locations throughout AL, FL, GA, NC and SC. The stores, offering furniture, appliances and home décor items, occupy spaces of 15,000 sq.ft. to 20,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout AL during the coming 18 months. Typical leases run five years with options. A vanilla shell is required. Preferred cotenants include Big Lots, Dollar General, Dollar Tree and grocery stores. Preferred demographics include a population of 5,000 to 30,000 households within eight miles earning $35,000 as the average household income. For more information, contact Robert Garrett, Warehouse Home Furnishings Dist. Inc., 1851 Telfair Street, Dublin, GA 31021; 478-275-6137, Fax 478-275-6136; Email: rgarrett@farmersfurniture.com; Web site: D M www.farmersfurniture.com.
illi Commercial Real Estate (818-501-2212) is representing Kale Me Crazy with its expansion plans throughout Los Angeles, Orange and San Diego counties in CA. The juice bars, also offering organic food items, prefer to occupy 1,000 sq.ft. to 1,500 sq.ft. inline spaces and endcaps of shopping centers or freestanding locations. The company prefers to locate near fitness centers or in high income areas. A patio space is required. DM
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Farmers Home Furniture is seeking growth opportunities throughout AL during the coming 18 months. February 6, 2015 | Page 7
SOURCES OF FINANCING Velocity Commercial Capital offers financing from $100,000 to $5 million for retail, office, multi-family, warehouse and self-storage properties. Loans feature loan-to-value ratios of up to 75%. For more information, contact Velocity Commercial Capital, 30699 Russell Ranch Road, Suite 295, Westlake Village, CA 91362; 866-505-3863; Web site: www.velocitycommercial.com. CBRE recently negotiated $79.2 million in financing for Festival at Bel Air, a 437,227 sq.ft. shopping center in Bel Air, MD. The loan features a rate of 3.9% and a loan-tovalue ratio of 70%. For more information, contact Ayana Miller, CBRE; 212-984-6506; Email: ayana.miller@cbre.com. DM
REAL ESTATE PROFESSIONALS MAKING THE NEWS CBRE | Raleigh (919-831-8200) recently hired H. Lee Clyburn as senior vice president. In his new role, Clyburn will focus on landlord representation. Prior to joining the company, Clyburn served as director of economic development for MCNC. The company specializes in leasing, sales, facilities and project management, corporate services, debt and equity financing, investment management, valuation and appraisal, investment strategy and consulting services. The Greysteel Co. (202-280-2722) recently promoted John F. Mullen to senior director from director of transactions and financial analysis. In his new role, Mullen will focus on private capital transactions throughout MD, VA and Washington, DC. Katz & Associates (561-869-4351) recently promoted Daniel Solomon to senior director of real estate. The brokerage company represents retail and shopping center owners. DM
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LEASE SIGNINGS Sperry Van Ness, LLC (480-425-5501) recently negotiated the following leases throughout AZ: three-years with Potato Barn for 34,795 sq.ft. at Business Center, located along East Germann Road in Gilbert, with Mary Ridberg and Rommie Mojahed of Sperry Van Ness, LLC representing the tenant in the transaction; with True Believe Comics for 1,268 sq.ft. at Lakeview Village at Morrison Ranch, located along south Higley Road in Gilbert, with Mary Ridberg and Rommie Mojahed representing the landlord in the transaction; with Boost Mobile for 2,400 sq.ft. at Fiesta Palms, located along South Alma School Road in Mesa, with Peter McQuaid and Greg Vanlerberghe of Sperry Van Ness, LLC representing the tenant in the transaction; with Internet CafĂŠ for 1,200 sq.ft. at Metro Square Plaza, located along North 28th Drive in Phoenix, with Peter McQuaid and Greg Vanlerberghe representing the landlord in the transaction and with Rhino Job Services for 794 sq.ft. at West Camelback Plaza, located along West Camelback Road in Glendale, with Michael Franks and Michael Gaida of Sperry Van Ness, LLC representing the landlord in the transaction.
illi Commercial Real Estate (818-501-2212) recently negotiated the following leases throughout CA: seven-years with 99 Cents Only Stores for 21,440 sq.ft. along Gladstone Avenue in Sylmar, with John Raudsep, Kyle Fishburn and Jordan Lolli of illi Commercial Real Estate representing the landlord in the transaction; five-years with Orangetheory Fitness for 2,850 sq.ft. along Pacific Coast Highway in Torrance, with George Ross of illi Commercial Real Estate representing the tenant in the transaction; five-years with Kicks Kartel for 2,112 sq.ft. along Ventura Boulevard in Sherman Oaks, with George Ross and Jeffrey Shore of illi Commercial Real Estate representing the landlord and the tenant in the transaction; five-years with Shift Fitness & Circuit Training for 1,973 sq.ft. along Ventura Boulevard in Sherman Oaks, with J. Richard Leyner and Michael Haim Sharon of illi Commercial Real Estate representing the landlord in the transaction and five years with Meineke Auto for 3,500 sq.ft. along West Lincoln in Anaheim, with John Raudsep representing the landlord and tenant in the transaction.
Bennett Williams Realty, LLC (717-8435555) recently negotiated the following leases throughout PA: with Five Guys Famous Burgers & Fries for 2,400 sq.ft. at Uniontown Mall, located along West Main Street in Fayette County, with Chad Stine, Brad Rohrbaugh and Adam Hagerman of Bennett Williams Realty, LLC representing the tenant in the transaction; with ACNB Bank for 391 sq.ft. at Wayne Plaza, located along Wayne Avenue in Franklin County, with Chad Stine, Brad Rohrbaugh and Abe Khan of Bennett Williams Realty, LLC representing the landlord and tenant in the transaction and with Vapor Cloud for 544 sq.ft. along Mt. Rose Avenue in York County, with Chad Stine, Brad Rohrbaugh and Abe Khan representing the landlord in the transaction.
Gerdom Realty & Investment (248-2426766) recently negotiated a lease with AT&T Mobility for 1,920 sq.ft. along Pickard Road in Mount Pleasant, MI. Larry Siedell and Tjader Gerdom of Gerdom Realty & Investment represented the landlord and Steve Millman of Northstar Commercial Real Estate represented the tenant in the transaction. The company also recently negotiated a lease with Sport Clips for 1,274 sq.ft. at the intersection of 7 Mile and Haggerty Road in Northville, MI. Tjader Gerdom and Marlette Anquetil of Gerdom Realty & Investment represented the tenant in the transaction.
LMS Commercial Real Estate (717-569-9373) recently negotiated a lease with The Olive Oil for 1,800 sq.ft. at Keystone Arms Center, a 27,441 sq.ft. mixed-use development located along Harrisburg Pike in Carlisle, PA. Blake Gross of LMS Commercial Real Estate represented the landlord in the transaction. AdVenture Development, LLC (919-9655661) recently negotiated a lease with Tuxedo Junction for space at McCandless Crossing, a 1.2 million sq.ft. mixeddevelopment located in the North Hills section of Pittsburgh, PA.
Douglas Elliman Real Estate (212-247-7940) recently negotiated a 10-year lease with Subway for 4,000 sq.ft. along East Broadway in New York, NY. Faith Hope Consolo, Joseph Aquino and Arthur Maglio of Douglas Elliman Real Estate represented the landlord in the transaction. Jeffery Realty (908-668-9600) recently negotiated a lease with Qdoba for 3,250 sq.ft. along Route 1 in Woodbridge, NJ. Shane Wierks of Jeffery Realty negotiated the transaction. First Western Properties (773-545-2000) recently negotiated a lease with Bank of America for space along East Sibley D Boulevard in Dolton, IL. M Dealmakers Magazine | www.dealmakers.net
LEAD SHEET Bunulu Ellen Casey-Smith c/o Metropolis Retail, Inc. 704 Windsor Estates Way Canton, CA 30115 678-880-0214 Email: ellencaseysmith@gmail.com
Apparel The company, offering swimwear and related active apparel items and accessories, is looking to occupy spaces of 3,000 sq.ft. to 4,500 sq.ft. in regional malls, entertainment, mixed-use, specialty and tourist areas. Plans call for six openings along coastal areas in FL during the coming 18 months, with representation by Metropolis Retail, Inc. Preferred demographics include a trade-area population earning $100,000.
Jos. A. Bank Marty Hennessy c/o Katz & Associates 2300 Glades Road, Suite 460 West Boca Raton, FL 33431 561-869-4343, Fax 561-361-7276 Email: martinhennessy@dkatz.com
Apparel The chain operates more than 600 locations nationwide. The stores, offering men’s tailored and casual apparel, footwear and accessories, occupy spaces of 4,000 sq.ft. to 5,000 sq.ft. in lifestyle and specialty centers, as well as urban/downtown areas. Growth opportunities are sought throughout AL, AR, FL, LA, MS, NC, SC and TN during the coming 18 months, with representation by Katz & Associates.
Conn’s, Inc. dba Conn’s Don Welch 4055 Technology Forest Boulevard, Suite 210 The Woodlands, TX 77381 936-230-5841, Fax 855-305-9803 Email: don.welch@conns.com Web site: www.conns.com
Appliances The 92-unit chain operates locations throughout AZ, CO, LA, MS, NC, NM, NV, OK, SC, TN and TX. The stores, offering home appliances, electronics, furniture, mattresses and computers, occupy spaces of 43,000 sq.ft. to 50,000 sq.ft. in freestanding locations, malls, power and strip centers. Growth opportunities are sought throughout the existing markets, in addition to AL, GA and VA during the coming 18 months.
Advance Auto Parts Barry Feinman c/o Vanguard-Fine, LLC 1529 Western Avenue Albany, NY 12203 518-862-0861 Ext. 202 Email: bfeinman@vanguardfine.com Web site: www.vanguardfine.com
Automotive The chain operates more than 5,300 locations nationwide. The stores, offering automotive parts and accessories, occupy spaces of 7,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout western MA, upstate NY and VT during the coming 18 months, with representation by Vanguard-Fine, LLC. Typical leases run 10 to 15 years. Preferred cotenants include supermarkets. Preferred demographics include a population of 25,000 within five miles earning $40,000 as the average household income. Major competitors include AutoZone.
Bed Bath & Beyond, Inc. dba Bed Bath & Beyond Seth Geldzahler 650 Liberty Avenue Union, NJ 07083 908-855-4568, Fax 908-688-8385 Email: seth.geldzahler@bedbath.com Web site: www.bedbathandbeyond.com
Bed/Bath The company operates 1,510 locations nationwide and in Canada and Puerto Rico. The stores, offering housewares, bedding products, home décor and seasonal items, occupy spaces of 20,000 sq.ft. to 75,000 sq.ft. in freestanding locations, mixed-use, outlet, power, specialty, strip and tourist centers, as well as downtown areas. Plans call for 35 openings throughout the existing markets during the coming 18 months.
Dollar City Jeff Gelberman c/o NREB, LLC 10319 Westlake Drive, Suite 284 Bethesda, MD 20817 301-770-8587, 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 stores, offering discounted general merchandise, occupy spaces of 3,000 sq.ft. to 10,000 sq.ft. in malls, 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 NREB, LLC. Preferred cotenants include grocery stores. The company is site-selective.
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February 6, 2015 | Page 9
LEAD SHEET Ladybird Academy Miguel de Arcos c/o Sperry Van Ness 174 West Comstock, Suite 210 Winter Park, FL 32789 407-333-9565 Email: mdearcos@svn.com Web site: www.ladybirdacademy.com
Educational The 18-unit chain operates locations throughout FL and TX. The childcare learning facilities occupy spaces of 12,000 sq.ft. to 15,000 sq.ft. in freestanding locations and mixed-use centers. Growth opportunities are sought throughout FL during the coming 18 months, with representation by Sperry Van Ness. The company prefers to locate in areas with high vehicular and pedestrian traffic counts.
Go Wireless Brian Bielatowicz c/o Lee & Associates Commercial Real Estate Services 25240 Hancock Avenue, Suite 100 Murrieta, CA 92562 951-445-4515, Fax 951-445-4555 Email: bbielatowicz@lee-associates.com Web site: www.gowireless.net
Electronics The 350-unit chain operates locations nationwide. The stores, offering cellular phones and related services, occupy spaces of 900 sq.ft. to 2,000 sq.ft. in freestanding locations, and endcaps and pad sites of shopping centers. Growth opportunities are sought throughout CA during the coming 18 months, with representation by Lee & Associates Commercial Real Estate Services. Preferred cotenants include Target.
CTM Group, Inc. / Kiddie Koncepts Stacey Edelstein 643 Alpha Drive Pittsburgh, PA 15238 412-963-7575, Fax 412-963-7588 Email: stacey@ctmgroupinc.com Web site: www.ctmgroupinc.com
Entertainment The 800-unit chain operates locations nationwide. The company operates rides for children and occupies spaces of 200 sq.ft. in super regional and regional malls, in addition to lifestyle centers. Growth opportunities are sought throughout the existing market during the coming 18 months. The company prefers to locate in centers with GLAs of at least 500,000 sq.ft.
Dave & Buster’s George Galloway c/o Next Realty, LLC 1750 Old Meadow Road, Suite 250 McLean, VA 22102 703-442-4500 Email: ggalloway@nextrealty.com Web site: www.nextrealty.com
Entertainment The chain operates more than 70 locations nationwide. The restaurant/entertainment facilities, occupy spaces of 25,000 sq.ft. to 40,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout Baltimore, MD; southern and central VA and the Washington, DC metropolitan area during the coming 18 months, with representation by Next Realty, LLC.
LA Fitness International, LLC dba LA Fitness John Gabriel 3161 Michelson Drive, Suite 600 Irvine, CA 92612 949-255-7262, Fax 866-431-3716 Email: johng@fitnessintl.com Web site: www.lafitness.com
Fitness The chain operates more than 650 locations nationwide and in Alberta and Toronto, Canada. The fitness centers occupy spaces of 30,000 sq.ft. to 50,000 sq.ft. in freestanding locations and strip centers. Plans call for 25 openings nationwide during the coming 18 months.
UFC Gym Les Sax c/o Sax Realty, Inc. 4931 Cordell Avenue Bethesda, MD 20814 240-497-1192 Email: lsax@saxrealty.com Web site: www.saxrealty.com
Fitness The chain operates more than 115 locations nationwide in 28 states, as well as in Australia. The facilities, offering fitness and mixed martial arts training programs, occupy spaces of 4,000 sq.ft. to 5,500 sq.ft. in lifestyle and strip centers. Growth opportunities are sought throughout Rockville, Columbia, Silver Spring, Annapolis, Laurel and Crofton, MD during the coming 18 months, with representation by Sax Realty, Inc. The company is franchising.
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LEAD SHEET Fred Meyer, Inc. dba Fred Meyer Stores Bob Currey-Wilson 3800 Southeast 22nd Avenue Portland, OR 97202-2918 503-797-3550, Fax 503-797-3539 Email: bob.currey-wilson@fredmeyer.com Web site: www.fredmeyer.com
General Merchandise The 132-unit chain operates locations throughout AK, ID, OR and WA. The stores, offering general merchandise, grocery items apparel, home improvement products, electronics and jewelry, occupy spaces of 66,000 sq.ft. to 175,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. The company prefers to acquire sites. The Kroger Co. is the parent company of Fred Meyer, Inc.
The Yankee Candle Co., Inc. dba Yankee Candle Anthony P. Villani 424 State Road Whately, MA 01093 Fax 413-665-8569 Email: eoconne@yankeecandle.com Web site: www.yankeecandle.com
Gifts The 582-unit chain operates locations nationwide. The stores, offering scented candles and related gift items, occupy spaces of 1,100 sq.ft. to 1,600 sq.ft. in malls, lifestyle and power centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run 10 years. A vanilla shell is required. Preferred cotenants include Target, Kohl’s, Pier 1 Imports, Gap, Talbots, Chico’s and Ann Taylor. Preferred demographics include a population of 150,000 within five miles earning $75,000 as the average household income.
Porte Noire – A Salon Collective Julia Sosa c/o LandQwest Commercial 3700 24th Street, Suite 302 Orlando, FL 32805 407-660-7500, Fax 407-660-7600 Email: jsosa@lqwest.com Web site: www.lqwest.com
Hair Salon The two-unit chain operates locations in Orlando and Winter Park, FL. The high-end hair salons prefer to occupy spaces of 4,000 sq.ft. to 5,000 sq.ft. in various retail settings. Growth opportunities are sought throughout central FL during the coming 18 months, with representation by LandQwest Commercial.
The Wine Academy Super Stores Robert H. Dembling c/o RH Dembling Realty Services 6 West End Court Long Branch, NJ 07740 732-229-1211 Ext. 110 Email: rdembling@demblingrealty.com Web site: www.wineacademysuperstores.com
Specialty The three-unit chain operates locations throughout Monmouth and Ocean counties in NJ. The stores, offering wine, beer and liquor, as well as offering wine tasting classes, occupy spaces of 12,000 sq.ft. to 14,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout northern and central NJ during the coming 18 months, with representation by RH Dembling Realty Services. Typical leases run seven years with seven-year options. A vanilla shell is required.
Petco Thomas Godino, Jr. or Ross Waters c/o Atlantic Retail Properties 1001 North US Highway One, Suite 600 Jupiter, FL 33477 561-427-6699 Email: tgodino@atlanticretail.com Web site: www.atlanticretail.com
Pet Supplies The 1,400-unit chain operates locations nationwide and in Mexico and Puerto Rico. The pet supply stores occupy spaces of 12,500 sq.ft. in power centers. Growth opportunities are sought throughout gulf coast areas of AL and FL during the coming 18 months, with representation by Atlantic Retail Properties.
Group Nine Associates dba Mephisto Shoes Gary Hauss 6700 Fallbrook Avenue, Suite 150 West Hills, CA 91307 818-431-2501 Email: gary@gnine.com
Shoes The company operates a location in Palm Desert, CA. The shoe store occupies spaces of 1,000 sq.ft. in various retail settings. Growth opportunities are sought throughout southern CA during the coming 18 months.
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February 6, 2015 | Page 11
LEAD SHEET Off Broadway Shoe Warehouse Jason Pierson c/o Pierson Commercial Real Estate 704 Ginesi Drive, Suite 24 Morganville, NJ 07751 732-707-6900 Ext. 2 Email: jason@piersonre.com Web site: www.piersonre.com
Shoes The chain operates more than 75 locations nationwide. The stores, offering family footwear, occupy spaces of 16,000 sq.ft. to 18,000 sq.ft. in malls, lifestyle, outlet and power centers. Growth opportunities are sought throughout central and northern NJ during the coming 18 months, with representation by Pierson Commercial Real Estate. The company prefers to locate in area strong visibility and prominent signage.
Payless ShoeSource Tom Woods or Brian Woods c/o Colliers International 2390 East Camelback Road, Suite 100 Phoenix, AZ 85016 602-222-5031/5026 Email: tom.woods@colliers.com
Shoes The chain operates more than 4,500 locations nationwide. The shoe stores occupy spaces of 2,800 sq.ft. in power centers. Growth opportunities are sought throughout AZ during the coming 18 months, with representation by Colliers International. Preferred cotenants include Walmart and Target.
Shiekh Shoes, Inc. dba Shiekh Shoes Gerardo Aguinis c/o The Zall Co. 4725 South Monaco Street, Suite 340 Denver, CO 80237 303-804-5656, Fax 303-804-9696 Email: gaguinis@zallcompany.com Web site: www.zallcompany.com
Shoes The 133-unit chain operates locations throughout AZ, CA, IL, MI, NM, NV, OR, TN, TX and WA. The stores, offering footwear, apparel and accessories, occupy spaces of 3,500 sq.ft. in enclosed malls. Growth opportunities are sought throughout the existing markets during the coming 18 months, with representation by The Zall Co. Typical leases run 10 years.
American Social Olivia Territo c/o The Rotella Group 3300 North Federal Highway, Suite 200 Ft. Lauderdale, FL 33306 954-568-9015 Email: olivia@rotellagroup.com Web site: www.rotellagroup.com
Specialty The company operates at two locations in FL. The brew pubs occupy spaces of 3,700 sq.ft. to 6,000 sq.ft. in endcaps of shopping centers. Growth opportunities are sought throughout southeastern FL during the coming 18 months, with representation by The Rotella Group.
Basketball City Bruce Radler Pier 36 @ 299 South Street New York, NY 10002 212-233-5050, Fax 212-233-6161 Email: bruce@basketballcity.com Web site: www.basketballcity.com
Specialty The two-unit chain operates locations throughout MA and NY. The sports and entertainment facilities occupy spaces of 40,000 sq.ft. to 60,000 sq.ft. in urban/downtown areas. Growth opportunities are sought throughout major metro markets nationwide during the coming 18 months. Typical leases run 20 years. The company will consider unique retail spaces and prefer to locate in central business districts.
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 6, 2015
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SPACE PLACE Arizona
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Mesa – Fry’s Marketplace, a 173,405 sq.ft. center located at the intersection of Broadway Road and Lindsay Road, has spaces from 729 sq.ft. available. Cotenants include Fry’s Food & Drug, Planet Fitness, Subway, Pizza Hut, The UPS Store, Fantastic Sam’s, Whataburger and Taco Bell. Area demographics include a population of 342,583 within five miles earning $62,923 as the average household income. The average daily traffic count is 43,000 vehicles. For more information, contact Michael Pollack, Michael A. Pollack Real Estate Investments, 1136 West Baseline Road ,Mesa, AZ 85210; 480-888-0888; Email: map@pollackinvestments.com; Web site: www.pollackinvestments.com.
Round Table Pizza. The average daily traffic count is 22,142 vehicles. The monthly asking rent is $0.81 to $1.25 psf NNN. For more information, contact Mike Donnelly or Rodney Krebs, Coldwell Banker Commercial, 1350 East Lassen Avenue, Suite 1, Chico, CA 95973; Email: mike@californianorthern.com.
Los Angeles – Restaurant spaces of 1,354 sq.ft. and 1,601 sq.ft. are available along West Century Boulevard. Area retailers include Denny’s, Burger King, Starbucks, Subway, Taco Bell and McDonald’s. Area demographics include a population of 218,386 within three miles. For more information, contact Maryl Haire Binney, Highland Partners Corp., 200 Pier Avenue, Suite 126, Hermosa Beach, CA 92054; 310-379-2228 Ext. 4; Email: maryl.haire@highlandpartnerscorp.com; Web site: www.highlandpartnerscorp.com.
California Chico – Mangrove Plaza, located along Mangrove Avenue, has inline spaces of 1,750 sq.ft. and 3,500 sq.ft. available, along with a 6,120 sq.ft. endcap. Area retailers include Safeway, Payless Shoe Source, McDonald’s, Rabobank, Cash & Carry Food Services and
Fresno – Kings Canyon Pavilion, a 160,000 sq.ft. center located at the intersection of Kings Canyon Road and Willow Avenue, has spaces from 1,140 sq.ft. to 52,554 sq.ft. available. Cotenants include Fallas Parades, 99 Cents Only, O’Reilly Auto Parts, Payless Shoe Source, Corina’s Taqueria and Cricket Wireless. Area demographics include a population of 143,470 within three miles earning $42,913 as the average household income. For more information, contact Troy McKenney or Craig Holdener, Newmark Grubb Pearson Commercial, 7480 North Palm Avenue, Suite 101, Fresno, CA 93711; 559-447-6277/6293; Email: tmckenney@pearsonrealty.com; Web site: www.pearsonrealty.com.
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Rancho Cucamonga – Ozel Plaza, located at the intersection of 4th Street and Pittsburgh Avenue, has spaces of 2,692 sq.ft. and 2,732 sq.ft. available. Area retailers include Chipotle, Olive Garden, Red Lobster, Carl’s Jr., T-Mobile, Target, Kohl’s, Sam’s Club, Verizon Wireless and Staples. Area demographics include a population of 277,816 within five miles earning $81,408 as the average household income. For more information, contact Vicki Donkin or Samantha Zoleta, NAI Capital, 909-945-2339/909-243-7617; Email: vdonkin@naicapital.com.
Florida Davie – Carriage Hills Plaza, located at the intersection of Stirling Road and Davie Road, has a space of 1,263 sq.ft. available. Cotenants include Foodtown, Family Dollar, Lucky Beauty Supply and Toppan Asian Restaurant. Area demographics include a population of 343,444 within five miles earning $65,324 as the average household income. For more information, contact James Goldsmith, Gator Investments, 1595 NE 163rd Street, North Miami Beach, FL 33162; 877-459-9605; Email: sales@gatorinvestments.com; Web site: www.gatorinvestments.com. Daytona Beach – Bellair Plaza, a 346,000 sq.ft. center located at the intersection of North Atlantic Avenue and Plaza Boulevard, has spaces available. Cotenants include Publix, Bealls, Bealls Outlet, Bellair Lanes, Pet Supermarket, Dollar Tree, Dots, Walgreens, GNC, Payless Shoe Source and Ruby Tuesday. Area demographics include a population of 93,220 within five miles. The average daily traffic count is 20,200 vehicles. For more information, contact Brian Hector, Woolbright Development, 407-3403361; Email: bhector@woolbright.net; Web site: www.woolbright.net. Dealmakers Magazine | www.dealmakers.net
SPACE PLACE Florida
Florida
Illinois
Jacksonville – A 4,000 sq.ft. former automotive service center is available at the intersection of Beaver Street and Edgewood Avenue. Area demographics include a population of 156,979 within five miles earning $45,736 as the average household income. The average daily traffic count is 27,900 vehicles. The asking rent is $12 psf NNN. Tallahassee – A 57,356 sq.ft. freestanding building is available along North Monroe Street. Area retailers include Burlington, Ross Dress for Less, AMC Theatres, Goody’s, Belk, CVS, Publix and McDonald’s. Area demographics include a population of 176,016 within five miles earning $46,943 as the average household income. The average daily traffic count is 30,000 vehicles. The asking rent is $7 psf NNN. For more information regarding the Jacksonville property, contact Matthew Makler or Steven Sandelman, Kin Properties, 185 Spanish River Boulevard, Boca Raton, FL 33431; 888-546-7767 Ext. 118/104; Email: mmakler@kinproperties.com; Web site: www.kinproperties.com. For more information regarding the Tallahassee property, contact Robert Crum or Lee Cherney, 888-546-7767 Ext. 117/111; Email: rcrum@kinproperties.com.
Miami Lakes – Red Palmetto Shoppes, a 65,000 sq.ft. neighborhood shopping center located at the intersection of Red Road and 163rd Street, has spaces available. Cotenants include Office Depot, Nutrition Smart, Firehouse Subs, Metro PCS, Chick-Fil-A and TD Bank. Area demographics include a population of 493,767 within five miles earning $52,323 as the average household income. For more information, contact Courtelis Co., 703 Waterford Way, Suite 800, Miami, FL 33126; 305-261-4330, Fax 305-2614338; Web site: www.courtelis.com.
For more information, contact Matthew Tarshis, Andrew Rubin or Joshua Joseph, Frontline Real Estate Partners, 847-5429058/224-628-4005/847-770-6262; Email: mtarshis@frontlinerepartners.com; Web site: www.frontlinerepartners.com.
Lantana – Lantana Village Square, a 181,780 sq.ft. center located at the intersection of South Dixie Highway and Hypoluxo Road, has spaces from 1,200 sq.ft. to 11,243 sq.ft. available. Cotenants include Kmart, WinnDixie, Radio Shack, H&R Block, Simply Fashion, Dunkin’ Donuts, Burger King, Subway and IHOP. Area demographics include a population of 208,654 within five miles earning $63,289 as the average household income. For more information, contact Jessica Malcolmson, Equity One, Inc., 305-9471664; Email: jmalcolmson@equityone.net; Web site: www.equityone.net. Madeira Beach – Madeira Shopping Center, a 54,360 sq.ft. center located at the intersection of Duhme Road and 150th Avenue, has spaces of 1,400 sq.ft., 1,960 sq.ft. and 3,200 sq.ft. available. Cotenants include Publix. Area demographics include a population of 152,164 within five miles earning $62,846 as the average household income. The average daily traffic count is 40,700 vehicles. For more information, contact Tracy Worrell, Crossman & Co., 855-423-5400; Email: tworrell@crossmanco.com; Web site: www.crossmanco.com. Dealmakers Magazine | www.dealmakers.net
Ocala – Marion Shopping Center, a 58,370 sq.ft. center located at the intersection of East Silver Springs Boulevard and 20th Court, has spaces of 1,800 sq.ft., 2,250 sq.ft., 3,200 sq.ft. and 7,540 sq.ft. available. Cotenants include Rainbow Apparel and Ocala Centre 6. Area demographics include a population of 92,118 within five miles earning $55,005 as the average household income. The average daily traffic count is 31,000 vehicles along East Silver Springs Boulevard. For more information, contact Kerri Atkins, RMC Property Group, 8902 North Dale Mabry Highway, Suite 200, Tampa, FL 33614; 813-960-8154 Ext. 264; Email: katkins@rmcpg.com; Web site: www.rmcpg.com. West Palm Beach – A 69,620 sq.ft. neighborhood center located at the intersection of Haverhill Road North and Roebuck Road, has inline spaces from 1,225 sq.ft. to 3,500 sq.ft. available, along with a 3,500 sq.ft. outparcel. Cotenants include Publix, Dunkin’ Donuts, Goodwill, Wendy’s and Leo’s Pizza. Area demographics include a population of 222,828 within five miles earning $50,194 as the average household income. The average daily traffic count is 21,500 vehicles along Haverhill Road North. For more information, contact Karen Sanzo, Atlantic Commercial Group, Inc., 561-578-9636; Email: karen@atlanticcg.com.
Illinois Arlington Heights – Arlington Towne Square, a 90,065 sq.ft. neighborhood center located at the intersection of West Golf Road and Arlington Heights Road, has spaces of 1,350 sq.ft., 1,800 sq.ft. and 7,269 sq.ft. available. Cotenants include PNC Bank, O’Reilly Auto Parts, Pet Supplies Plus, Verizon Wireless, Dollar Tree, Jet’s Pizza, Fast Frame and Subway. The average daily traffic count is 68,000 vehicles. The asking rent is $17 to $30 psf NNN.
Alsip – Quarry Plaza, a 228,761 sq.ft. center located at the intersection of 119th Street and Cicero Avenue, has spaces of 1,269 sq.ft., 20,389 sq.ft. and 20,549 sq.ft. available. Cotenants include Home Depot, LA Fitness, Hair Cuttery and Jimmy John’s. Area demographics include a population of 350,000 within five miles earning $61,004 as the average household income. For more information, contact Harlem Irving Cos., 4104 North Harlem Avenue, Northridge, IL 60706; 773625-3036, Fax 773-625-0056; Web site: www.harlemirving.com. Batavia – A 9,500 sq.ft. freestanding building is available West Main Street. The average daily traffic count is 45,000 vehicles. For more information, contact David Ellermann, Ellermann Commercial Brokerage, 1121 East Main Street, Suite 400, St. Charles, IL 60174; 630-377-1336; Email: david@ellermannbrokerage.com; Web site: www.ellermannbrokerage.com. Chicago – San Marcos Plaza, a 16,000 sq.ft. center located along North Milwaukee Avenue in the Logan Square area, has an inline space of 3,000 sq.ft. available, along with an endcap space of 3,900 sq.ft. Cotenants include Chase Bank, KFC, Dunkin’ Donuts, Baskin Robbins, Cosmo Prof and Bubbleland. Area demographics include a population of 74,284 within one mile earning $71,711 as the average household income. The average daily traffic count is 14,200 vehicles. For more information, contact Sara Chaiken, Next Realty, 847-881-2008; Email: schaiken@nextrealty.com; Web site: www. nextrealty.com. Huntley – Huntley Grove, located at the intersection of Route 47 and Kreutzer Road, has spaces up to 1,910 sq.ft. available, along with a junior anchor space up to 21,000 sq.ft., as well as outlots available for purchase or ground lease. Cotenants include Walmart Supercenter. Area demographics include a population of 62,873 within five miles earning $100,661 as the average household income. The average daily traffic count is 21,400 vehicles. (continued on page sixteen)
February 6, 2015 | Page 15
SPACE PLACE Illinois (continued from page fifteen)
For more information, contact Andrew White, Tucker Development, 799 Central Avenue, Suite 300, Highland Park, IL 60035; 847-748-3883, Fax 847-926-9996; Email: awhite@tuckerdevelopment.com; Web site: www.tuckerdevelopment.com. Joliet – Joliet Plaza, located along North Larkin Avenue, has a space of 6,750 sq.ft. available. Cotenants include Casual Male XL, M-H Beauty Supply and Radio Shack. Area demographics include a population of 94,014 within three miles earning $60,744 as the average household income. The average daily traffic count is 27,300 vehicles. The asking rent is $14 psf NNN. For more information, contact Terri Cox or Linda Bavone, Matanky Realty Group, 200 North LaSalle Boulevard, Suite 2350, Chicago, IL 60601; 312-337-1001, Fax 312337-5996; Email: tcox@matanky.com; Web site: www.matanky.com.
Indiana Fishers – The Shoppes at 141st Street, a 40,864 sq.ft. center located at the intersection of State Route 37 and 141st Street, has spaces available. Cotenants include Uncle Bill’s Pet Center, Tire Barn, 9Round Kickboxing, KFC and Britton Tavern. Area demographics include a population of 114,728 within five miles earning $99,132 as the average household income. The average daily traffic count is 41,500 vehicles along State Route 37. For more information, contact John Beuoy, Broadbent Co., 117 East Washington Street, Suite 300, Indianapolis, IN 46204; 317-237-2900, Fax 317-237-2953; Email: jbeuoy@broadbentco.com.
Maryland Frederick – Vista Shops, a 105,309 sq.ft. center located at the intersection of West Patrick Street and Hillcrest Drive, has spaces from 1,500 sq.ft. to 18,879 sq.ft. available. Cotenants include Planet Fitness, Deal$, Aldi, Bank of America and Taco Bell. Area demographics include a population of 104,173 within five miles earning $91,020 as the average household income. For more information, contact Brendan Clark or John Marigliano, Renaud Consulting, 8605 Westwood Center Drive, Suite 410, Vienna, VA 22182; 703-404-2346; Email: bclark@renaudconsulting.net; Web site: www.renaudconsulting.net. Page 16 | February 6, 2015
Massachusetts
Minnesota
Tewksbury – A 2,388 sq.ft. freestanding building is available at the intersection of Main Street and Marshall Street. Area retailers include Walmart Supercenter, Verizon Wireless, Citizens Bank, Market Basket, Dunkin’ Donuts, Supercuts and Bank of America. Area demographics include a population of 43,763 within three miles earning $86,193 as the median household income. The average daily traffic count is 22,000 vehicles along Route 38. For more information, contact Jim Conviser, Conviser Property Group, 858 Washington Street, Suite 306, Dedham, MA 02026; 781-320-0600, Fax 781-791-4955; Email: jim@conviserpg.com; Web site: www.conviserpg.com.
Jimmy John’s, Noodles & Co. and Verizon Wireless. Area demographics include a population of 388,147 within five miles earning $66,916 as the average household income. For more information, contact Mark Fallon or Rich Bevis, Jeffrey R. Anderson Real Estate, 513-241-5800, Fax 513-241-2637; Email: mfallon@anderson-realestate.com.
Michigan Flint – Genesee Crossing, a 333,653 sq.ft. regional center located along Miller Road, has spaces of 5,000 sq.ft. and 7,390 sq.ft. available. Cotenants include Target, Cato, Party City, Petco, Forman Mills, Jo-Ann Fabrics, Bed Bath & Beyond, Old Navy, Payless Shoe Source and Olive Garden. Area demographics include a population of 145,904 within five miles earning $43,434 as the average household income. The average daily traffic count is 27,479 vehicles along Miller Road. For more information, contact Chase Properties, Ltd., 3333 Richmond Road, Suite 320, Beachwood, OH 44122; 216464-6626, Fax 216-464-6346; Web site: www.chaseprop.com. Southgate – A 9.37 acre site is available for ground lease or build-to-suit at the intersection of Fort Street and Pennsylvania Road. Area retailers include Kmart, Meijer and Lowe’s Home Improvement. Area demographics include a population of 186,156 within five miles earning $59,472 as the average household income. The average daily traffic count is 38,400 vehicles. For more information, contact Thomas Mirandi, RD Management, LLC, 810 Seventh Avenue, 10th Floor, New York, NY 10019; 212-265-6600 Ext. 239, Fax 212-459-9133; Email: tmirandi@rdmanagement.com.
Minnesota St. Louis Park – The Shops at West End, located at the intersection of Interstate 394 and Highway 100, has spaces available. Cotenants include Bonefish Grill, White House | Black Market, Anthropologie, Lululemon Athletica, Charming Charlie,
New Jersey Marlboro – Marlboro Commons, a 105,000 sq.ft. specialty center located at the intersection of Route 9 and Route 520, has up to 25,000 sq.ft. of space available. Cotenants include Walgreens, PNC Bank, Verizon Wireless, Petco, Ulta, Whole Foods Market and Ethan Allen. Area demographics include a population of 57,258 within a five minute drivetime earning $137,204 as the average household income. For more information, contact William Lenaz, R.J. Brunelli & Co., LLC, 400 Perrine Road, Suite 405, Old Bridge, NJ 08857; 732721-5800 Ext. 15, Fax 732-721-9241; Email: wlenaz@rjbrunelli.com.
New York Brooklyn – A 5,500 sq.ft. space is available along Wyckoff Avenue, just off of Myrtle Avenue. Area retailers include Duane Reade, Food Bazaar, McDonald’s, Capital One Bank, KFC and White Castle. Area demographics include a population of 170,621 within one mile earning $33,179 as the median household income. Ridgewood – A 2,500 sq.ft. corner street level retail space, with a basement, is available at the intersection of Myrtle Avenue and Madison Street. Area retailers include Lucille Roberts, Walgreens, Payless Shoe Source, GNC, New York & Co., Mandee and Sleepy’s. Area demographics include a population of 169,069 within one mile earning $41,170 as the median household income. The average daily traffic count is 12,000 vehicles along Myrtle Avenue. For more information regarding the Brooklyn property, contact Spencer Cohen or Ed Czarniak, Sabre Real Estate Group, LLC, 500 Old Country Road, Garden City, NY 11530; 516-874-8070 Ext. 512/511; Email: spencer@sabreny.com; Web site: www.sabreny.com. For more information regarding the Ridgewood property, contact Mark Gallucci, 516-874-8070 Ext. 508; Email: mark@sabreny.com. (continued on page eighteen)
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SPACE PLACE New York (continued from page sixteen)
New York – An 8,006 sq.ft. ground floor space, an 11,438 sq.ft. lower level space, a 3,672 sq.ft. mezzanine, and a 2,000 sq.ft. outdoor plaza, are all available along Water Street, at the intersection of Pearl Street and Fletcher Street. Also - A 4,259 sq.ft. ground floor space, a 4,817 sq.ft. lower level space, and up to 5,782 sq.ft. of ground floor space, are available along Water Street, at the intersection of John Street and Pearl Street. Area retailers include Abercrombie & Fitch, Starbucks, Soul Cycle, Chipotle, Crunch Gym, Felice, Zeytuna, Jubilee and Duane Reade. Queens – An 11,103 sq.ft. ground floor space, and a 9,000 sq.ft. second floor space, are available along Junction Boulevard, between Roosevelt Avenue and 37th Avenue. Area retailers include HSBC Bank, Banco Popular, Chase Bank, Rite Aid, Radio Shack, Jimmy Jazz, Payless Shoe Source, Sprint, GNC and Dunkin’ Donuts. For more information regarding the New York property, contact Darrell Rubens, Lee Block or Jeff Winick, Winick Realty Group, LLC, 655 Third Avenue, 8th Floor, New
New York
North Carolina
York, NY 10017; 212-792-2616/2649/2601; Email: rubens@winick.com; Web site: www.winick.com. For more information regarding the Queens property, contact Robert Heicklen or Louis Eisinger, 212-7922656/2629; Email: rheicklen@winick.com.
three miles earning $58,552 as the median household income. For more information regarding Kendrick Crossing, contact Joey Morganthall, MPV Properties, 521 East Morehead Street, Suite 400, Charlotte, NC 28202; 704-367-5007; Email: jmorganthall@mpvre.com; Web site: www.mpvre.com. For more information regarding the Pineville property, contact Bailey Patrick, 704-248-2102; Email: bpatrick@mpvre.com.
North Carolina Gastonia – Kendrick Crossing, located at the intersection of Robinwood Road and Kendrick Road, has inline spaces from 1,200 sq.ft. to 4,800 sq.ft. available, along with a 4,800 sq.ft. bank pad site with a drive-thru. Area retailers include Rite Aid, Wendy’s, Walgreens, Lowe’s Foods, McDonald’s, Aldi, Subway, Food Lion and Burger King. Area demographics include a population of 89,075 within five miles earning $56,607 as the average household income. Pineville – Outparcels of 1.397 acres, 1.63 acres and 2.88 acres are available along Park Road off Carolina Place Parkway. Area retailers include BJ’s Wholesale, Sam’s Club, Garden Ridge and Toys “R” Us. Area demographics include a population of 59,257 within
Tennessee Tullahoma – Tullahoma Square, a 60,000 sq.ft. center located along West Lincoln Street, has spaces of 1,200 sq.ft. and 10,100 sq.ft. available. Cotenants include Ollie’s Bargain Outlet, Sav-A-Lot, H&R Block and Miracle Ear. Area demographics include a trade-area population of 101,982 within five miles earning $54,585 as the average household income. For more information, contact Sandy Vita, Vita & Vita Realty Corp., 277 Fairfield Road, Fairfield, NJ 07004; 973-227-5233; Email: sandy@vitarealty.com. DM
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