Reporting The Nation’s Weekly News on Retailing & Retail Real Estate Volume XXIX No. V
February 7, 2014
FEATURING apparel Chains Expand Nationwide Zingara operates five locations throughout FL and 20 locations throughout Mexico and the Caribbean. The stores, offering high-end swimwear and accessories, occupy spaces of 1,000 sq.ft. to 1,200 sq.ft. in regional malls, tourist centers and urban/downtown areas. Plans call for nine openings throughout CA, FL and Las Vegas, NV during the coming 18 months, with representation by Stokas Bieri Real Estate. Typical leases run 10 years. Preferred cotenants include upscale women’s apparel retailers. For more information, contact Jim Bieri, Stokas Bieri Real Estate, 660 Woodward Avenue, Suite 1500, Detroit, MI 48226; 313-962-2800, Fax 313-962-5070; Email: jbieri@sbre1.com; Web sites: www.sbre1.com and www.zingarastore.com. Children’s Orchard operates 32 locations throughout CA, KS, MA, MI, MO, NH, NV, OK, TN, TX and WI. The stores, offering the sale and resale of children’s brand name apparel, furniture, books and accessories, occupy spaces of 2,000 sq.ft. to 3,000 sq.ft. in power and strip centers. Growth opportunities are sought nationwide during the coming 18 months. Expansion is franchise-driven. For more information, contact Cathy Marks, Children’s Orchard, 2100 South Main Street, Suite B, Ann Arbor, MI 48103; 734-994-9199, Fax 734-994-9323; Email: cmarks@childorch.com; Web site: www.childrensorchard.com.
Cummings Retail Consulting, Inc. trades as Bachrach at 36 locations throughout major metropolitan markets in CA, GA, IL, IN, KS, MD, MI, MO, NJ, NY, PA, TN, TX, VA and WI. The stores, offering European inspired menswear, suits and accessories, occupy spaces of 3,000 sq.ft. to 3,500 sq.ft. in malls. Growth opportunities are sought nationwide during the coming 18 months. Typical leases run 10 years. For more information, contact Adam Cummings, Cummings Retail Consulting, Inc., 4a Causeway Road, Vineyard Haven, MA 02568; 508-693-3300, Fax 508-693-7316; Email: acummings@cummingsretail.com; Web site: www.bachrach.com. T.J. Maxx operates 1,075 locations nationwide. The stores, offering discounted apparel, footwear, accessories, occupy spaces of 20,000 sq.ft. to 50,000 sq.ft. in freestanding locations, power and strip centers. Growth opportunities are sought throughout Long Island and New York, NY during the coming 18 months, with representation by Ripco Real Estate. For more information, contact Peter Ripka, Richard Senior or Jeremy Isaacs, Ripco Real Estate, 420 Jericho Turnpike, Suite 100, Jericho, NY 11753; 516-933-8880, Fax 516-9332514; Email: pripka@ripcony.com; Web site: www.ripcony.com. (continued on page eight)
This issue contains information on: • Retailers operating 42,416 locations with plans to open 2,924 sites • Real estate valued in excess of $100 million to be bought, sold & financed • Leasing activity on over 4.9 million sq.ft. of retail properties s Postmaster: Periodical New nt a te rt di Impo se Expe Plea
pre-show icsc mid-atlantic conference & dealmaking New Construction Black Oak Associates develops Walmart Supercenter project in MD......................................... Pg. 3 Buyers and Sellers Kite Realty Group on a buying spree.......................................... Pg. 4 Who’s Opening and Where Big R Stores enters NM............... Pg. 5 Aldi ramps up growth in TX........ Pg. 5 French Fry Heaven focuses on FL............................................... Pg. 5 Food Chains Expand 5 & Diner to enter new markets on the east coast and in the MidAtlantic region............................ Pg. 6 Tenant Reps Edgemark Commercial Real Estate reps Plum Market in Chicagoland............................... Pg. 7 Lease Signings Mid-America Real Estate Wisconsin inks deal with Roundy’s to anchor WI center.... Pg. 7 Velocity Retail group brokers anchor leases in AZ.................... Pg. 7 Lead Sheet Shop Rite c-stores to enter AL, FL and MS....................................... Pg. 9 Ollie’s Bargain Outlet to enter the AL and GA markets............... Pg. 10 Invicta to open 18 sites in IL, NV and TX........................................ Pg. 12 Space Place................................ Pg. 14