Reporting The Nation’s Weekly News on Retailing & Retail Real Estate
Volume XXIV No. VI
February 13, 2009
Home-Related Chains Expand Nationwide Ethan Allen operates 290 locations nationwide and internationally. The home furnishings stores occupy spaces of 14,000 sq.ft. in freestanding locations, outparcels and lifestyle and power centers. Growth opportunities are sought throughout the metropolitan area of St. Louis, MO during the coming 18 months, with representation by L3 Corp. Organized Living operates three locations throughout FL and OH. The stores feature organizational and storage products for the home and office and occupy spaces of 15,000 sq.ft. in freestanding locations and lifestyle centers and outparcels. Growth opportunities are sought throughout the eastern and central regions of the U.S. during the coming 18 months, with representation by L3 Corp. Pier 1 Imports operates 1,100 locations nationwide and throughout Canada, Puerto Rico and Mexico. The stores, offering seasonal items, furniture, candles, home accents, gifts, pillows, rugs and window treatments, occupy spaces of 10,000 sq.ft. in lifestyle and power centers. Growth opportunities are sought throughout MO during the coming 18 months, with representation by L3 Corp. The Tile Shop operates locations throughout IA, IL, IN, KS, KY, MD, MI, MN, MO, NC, NJ, NY, OH, VA and WI. The stores, offering natural stone, floor and wall tiles, mosaics, accents, tools and supplies, occupy spaces of 25,000 sq.ft. in freestanding locations and power centers. Growth opportunities are sought throughout the metropolitan area of St. Louis, MO during the coming 18 months, with representation by L3 Corp.
For more information, Craig Wielansky, L3 Corp., 12655 Olive Boulevard, Suite 220, St. Louis, MO 63141; 314-469-7400; Web sites: www.ethanallen.com, www.organizedliving.com and www.pier1.com. A.M.B. International trades as Claire Murray at 15 locations throughout FL, MA, MD, ME, RI, SC and VT. The stores, offering rugs and home accessories, occupy spaces of 2,000 sq.ft. in endcap spaces in specialty centers, as well as freestanding locations. Growth opportunities are sought throughout the southern region of the U.S. during the coming 18 months. For more information, contact Garrett Ames, A.M.B. International, PO Box 390, Ascutney, VT 05030; 866-868-7001, Fax 802-674-6045; Email: games@clairemurray.com; Web site: www.clairemurray.com. Ridout Lumber Co. Inc. operates 13 locations throughout AR and MO. The home improvement centers occupy spaces of 9,500 sq.ft. in freestanding locations. Plans call for two openings throughout Hot Springs, AR; MO; northern MS and eastern TN during the coming 18 months. For more information, contact Ross Ridout, Ridout Lumber Co., Inc., 125 Henry Farrar Drive, Searcy, AR 72143; 501-268-3929, Fax 501268-0678; Email: rnridout@ridoutlumber.com; Web site: www.ridoutlumber.com. (continued on page sixteen)
This issue contains information on:
* Retailers operating 24,836 locations with plans to open 2,299 sites * Real estate valued in excess of $167.8 million to be bought, sold & financed * Leasing activity on over 6.504 million sq.ft. of retail properties
Important News Please Expedite
Postmaster: Periodical
Featuring ICSC Mountain States Idea Exchange New Construction Garden Commercial Properties is preleasing a center located in Linden, NJ............................. Pg. 3 Openings Sears, Roebuck & Co. is rolling out its MyGofer concept in IL Pg. 4 OMX, Inc. is launching its Max Wellness concept this year..... Pg. 4 Buyers & Sellers Calkain Cos., Inc. is selling a Builders First Source site in SC Pg. 5 Food Retailers Expand Applebee’s plans to open 150 locations nationwide and internationally....................... Pg. 7 In The News NAI Global hired Art Carll as senior vice president in the company’s Las Vegas, NV office Pg. 8 Lease Signings H&R Retail negotiated a lease with Staples in Largo, MD..... Pg. 8 Lead Sheet Midas Realty Corp. looks for sites throughout the West and Midstates............................... Pg. 9 Omega Sports plans to enter the SC and VA markets.......... Pg. 12 Space Place........................... Pg. 14 Home Retailers Expand Slumberland Furniture and Slumberland Clearance Centers look for locations throughout IA, IL, KS, MN, MO, MT, ND, NE, SD and WI....................... Pg. 16
For more news go to: www.dealmakers.net