Reporting The Nation’s Weekly News on Retailing & Retail Real Estate Volume XXX No. VI
February 13, 2015
FEATURING SUPERMARKET CHAINS EXPAND NATIONWIDE Giant Eagle, Inc. trades as Giant Eagle at 231 locations throughout MD, OH, western PA, northern and central WV. The supermarkets occupy spaces of 12,000 sq.ft. to 150,000 sq.ft. in freestanding locations, power, specialty and strip centers. Growth opportunities are sought throughout IN, MD, OH, PA and WV during the coming 18 months. Typical leases run 20 years with options. Preferred cotenants include Home Depot, Kohl’s, Barnes & Noble, Lowe’s Home Improvement and Target. Major competitors include Tops, Shop N Save, Kroger and Giant. For more information, contact James Chickini, Erin Sondej or Jessica Bennett, Giant Eagle, Inc., 261 Kappa Drive, Pittsburgh, PA 15238; 412-963-2391, Fax 412-967-6104; Emails: james.chickini@gianteagle.com, erin.sondej@gianteagle.com and jessica.bennett@gianteagle.com; Web site: www.gianteagle.com. Grant’s Supermarket trades as Grant’s and Gray’s Marketplace at two locations throughout ME and NH. The supermarkets occupy spaces of 10,000 sq.ft. to 15,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. For more information, contact Paul McGonagle, Grant’s Supermarket, PO Box 213, Glen, NH 03838-0213; 603-383-4282, Fax 603383-4601.
Glass Garden, Inc. trades as ShopRite at 10 locations in NJ and NY. The supermarkets occupy spaces of 73,000 sq.ft. in freestanding locations, lifestyle, power, specialty and strip centers. Plans call for two openings throughout CT, NJ, NY or PA during the coming 18 months. Typical leases run 20 years with options. A land area of at least nine acres is required for freestanding locations. For more information, contact Ben Focarino, Glass Garden, Inc., 204 Passaic Street, Rochelle Park, NJ 07662-3118; 201-843-1364; Email: benfocarino@verizon.net; Web site: www.shoprite.com. Fiesta Mart, Inc. trades as Fiesta Mart at 57 locations throughout Austin, Dallas/Ft. Worth and Houston, TX. The supermarkets, featuring deli, bakery, meat and seafood departments, as well as offering international and Hispanic food selections, occupy space of 35,000 sq.ft. to 60,000 sq.ft. in freestanding locations, power and strip centers. Growth opportunities are sought throughout TX during the coming 18 months, with representation by United Equities. Typical leases run 10 years. For more information, contact Buster Freedman, United Equities, 4545 Bissonnet Street, Suite 100, Bellaire, TX 77401; 713-772-6262, Fax 713-9814035; Email: bfreedman@unitedequities.com; Web site: www.unitedequities.com. (continued on page seven)
THIS ISSUE CONTAINS INFORMATION ON: • Retailers operating 34,312 locations with plans to open 1,764 sites • Real estate valued in excess of $196 million to be bought, sold & financed • Leasing activity on over 3 million sq.ft. of retail properties WS Postmaster: Periodical T NE E N A T R DIT IMPO SE EXPE A PLE
PRE-SHOW WEST FLORIDA IDEA EXCHANGE New Construction Northgate Properties to expand Bass Pro Shops anchored project in CO......................................... Pg. 3 Buyers and Sellers Schuckman Realty, Inc. brokers $27 million sale of shopping center in NY............................... Pg. 4 Who’s Opening and Where Aldi opening stores in NC and VA.............................................. Pg. 5 Del Taco invades the northeast
Pg. 5
Food Chains Expand Alamo Drafthouse Cinema to enter 11 states............................ Pg. 6 Exclusives and Tenant Reps Levin Management appointed exclusive leasing agents for shopping centers in NJ and PA... Pg. 7 Sources of Financing Dockerty Romer & Co. places loan on Sprouts Farmers Market anchored center.......................... Pg. 8 Making the News Velocity Retail Group boosts brokerage team........................... Pg. 8 Lease Signings Stirling Properties inks deal with Whole Foods.............................. Pg. 8 Lead Sheet C2 Education to enter MD.......... Pg. 10 Salons by JC to enter MD and VA Pg. 12 Space Place................................ Pg. 14
Experience Strength Stability Mixed-Use • Retail • Medical • Multi-Family • Office For more than 20 years, Cullinan Properties, Ltd. has been a leading provider of commercial and mixed-use real estate services. We’ve built our reputation on strong relationships and successful projects, and although the market has changed our commitment to excellence remains the same. Let us show you how we turn real estate plans into reality with almost $1 billion in successful real estate projects completed to date. CONTACT US ABOUT SALE & LEASE OPPORTUNITIES East Court Village - Pekin, IL The Levee District - East Peoria, IL Streets of St. Charles - St. Charles, MO and our other exciting projects in Texas, Georgia, Illinois, and Kansas. www.cullinanproperties.com 309.999.1700 | Chicago, IL | Peoria, IL | St. Louis, MO
NEW CONSTRUCTION The Wilder Cos. is developing LOOPHudson Valley, a 650,000 sq.ft. retail development located along Route 300 in Newburgh, NY. Cotenants will include Field and Stream, Dick’s Sporting Goods, BJ’s Wholesale Club, Michaels and ShopRite. Plans also call for a multiscreen theater and more than 50 retailers and restaurants. For more information, contact The Wilder Cos., 800 Boylston Street, Suite 1300, Boston, MA 02199; 617-247-9200, Fax 617247-4044; Web site: www.wilderco.com.
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
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Northgate Properties, LLC is expanding Polaris Pointe, situated on 200 acres at the intersection of Interstate 25 and Northgate Boulevard in Colorado Springs, CO. Cotenants include Bass Pro Shops and Bourbon Brothers Southern Kitchen. The expansion will also feature The Colorado Grand Resort and Hotel, a 165 room hospitality component that includes a 60,000 sq.ft. indoor waterpark, with an opening slated for summer 2016. For more information, contact Gary Erickson, Northgate Properties, LLC, 1295 Kelly Johnson Boulevard, Suite 230, Colorado Springs, CO 80920; 719-531-0707; Email: gary.erickson@executive-company.com. Divaris Real Estate, Inc. is preleasing Tanglewood Pavilions, a 158,000 sq.ft. regional shopping center located at the intersection of US Route 17 and Halstead Boulevard Extended in Elizabeth City, NC. A 55,000 sq.ft. Hobby Lobby, a 25,000 sq.ft. Ross Dress for Less and a 22,000 sq.ft. T.J. Maxx will anchor the site. The development is currently 70% leased and cotenants will include Dollar Tree, Rack Room Shoes, Cato Fashion, Zaxby’s, Sleepy’s Mattress and AT&T Mobility. The center is slated for completion during the fall. For more information, contact Gerald S. Divaris, Divaris Real Estate, Inc., One Columbus Center, Suite 700, Virginia Beach, VA 23462; 757-497-2113, Fax 757-4971338; Web site: www.divaris.com. Sabre Real Estate Group, LLC is preleasing Gateway Gallery, a 52,000 sq.ft. retail development located at the intersection of Route 25/Middle Country Road and Route
347/Nesconset Highway in Lake Grove, NY. A 16,250 sq.ft. anchor space is available, along with an 8,000 sq.ft. restaurant pad site and an 8,000 sq.ft. inline space. Cotenants include Starbucks and Texas Roadhouse. Area retailers include The Smith Haven Mall, Whole Foods Market, DSW, Petco, Trader Joe’s, Costco Wholesale, Bed Bath & Beyond, Staples, Babies “R” Us, Ulta and Raymour & Flanigan. Area demographics include a population of 213,456 within a five-mile radius earning $101,232 as the median household income. Asking rent is upon request and extra charges are estimated at $9 psf. For more information, contact Russel Helbling, Douglas Bomzer or Tom Caliendo, Sabre Real Estate Group, LLC, 500 Old Country Road, Garden City, NY 11530; 516-874-8070 Ext. 506/509/519; Emails: russel@sabreny.com; douglas@sabreny.com and tom@sabreny.com; Web site: www.sabreny.com. WS Development Associates is developing Outlets of Cheshire, a 510,000 sq.ft. mixeduse development located at the intersection of Interstate 691 and Route 10 Cheshire, CT. Plans call for 60 to 70 outlet stores, a public park and transportation infrastructure during the first phase of development, slated for completion during spring 2016. Phase two will feature a 147-unit residential component, two and three-story townhouses, a hotel and a fitness center. For more information, WS Development Associates, 33 Boylston Street, Suite 300, Chestnut Hill, MA 02467; 617232-8900, Fax 617-734-4661; Web site: www.wsdevelopment.com. DM
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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The Wilder Cos. is developing LOOP-Hudson Valley in Newburgh, NY. February 13, 2015 | Page 3
BUYERS AND SELLERS Schuckman Realty, Inc. recently negotiated the sale of a mixed-use site located at the intersection of Court Street and Pacific Street in Brooklyn, NY. At the time of the sale, tenants included Splendid apparel store and Brooklyn Strength fitness center. The company also recently negotiated the sale of Deer Park Commons Shopping Center, a 95,000 sq.ft. shopping center located at the intersection of Commack Road and Long Island Avenue in Deer Park, NY. At the time of the sale, the property was 96% occupied and tenants included Retro Fitness, Texas Roadhouse, Dollar Tree, T-Mobile, Advance Auto Parts and Weight Watchers. The center was acquired for $27.8 million with the company representing the buyer in the transaction. For more information, contact Kenneth Schuckman, Schuckman Realty, Inc., 7600 Jericho Turnpike, Suite 105, Woodbury, NY 11797; 516-496-8888, Fax 516-496-8905; Web site: www.schuckmanrealty.com. SRS Real Estate Partners recently negotiated the sale of the controlling interest in San Antonio Shopping Center, a 376,000 sq.ft. shopping center located at the intersection of West El Camino Real and San Antonio Road in Mountain View, CA. At the time of sale, Walmart anchored the center and tenants included Trader Joe’s, Kohl’s, 24 Hour Fitness and JoAnn Fabrics. The property was acquired for $62.2 million and the company represented the buyer, Federal Realty Investment Trust, in the transaction. For more information, contact Debbie Harrison, SRS Real Estate Partners, 1871 The Alameda, Suite 250, San Jose, CA 95126; 650-619-1478; Email: debbie.harrison@srsre.com; Web site: www.srsre.com.
Equity Investment Services is selling Silver Star Plaza, a 52,556 sq.ft. shopping center located along Silver Star Road in Orlando, FL. The property is currently 100% occupied and anchored by a Save-A-Lot supermarket. The average daily traffic count is 40,000 vehicles. Approvals are in place to develop 6,000 sq.ft. of inline space and two outparcels. The asking price is $3.85 million with a Cap rate of 8.08%. For more information, contact Kevin Yaryan, Equity Investment Services, 1015 West 2nd Place, Suite B, Mesa, AZ 85201; 407-557-8749; Email: kevin.yaryan@eisre.com; Web site: www.eisre.com. Colliers International is selling a 137,071 sq.ft. Home Depot situated on 10.46 acres at the intersection of Center Street and South Mullen Street in Tacoma, WA. The tenant is bound to a lease with 11 years remaining on the initial term and featuring six, five-year options. Area retailers include Jack-in-theBox and Lowe’s Home Improvement. The average daily count is 24,756 vehicles along Center Street. The NOI is $1.981 million. The asking price is $36.035 million with a Cap rate of 5.5%. For more information, Colliers International; Web site: www.colliers.com. Cedar Street Commercial is seeking to acquire retail properties in Chicago, IL and the surrounding suburban markets. Suitable properties are priced from $500,000 to $30 million and suitable for redevelopment or value-add opportunities. For more information, contact Chad Tepley, Cedar Street Commercial, 351 West Chicago Avenue, Chicago, IL 60654; 312506-3212; Email: ctepley@cedarst.com; Web site: www.cedarcommercial.com.
Equity Investment Services is selling Silver Star Plaza in Orlando, FL. Page 4 | February 13, 2015
HFF is selling Hallmark Town Center, an 85,066 sq.ft. shopping center located along West Cleveland Avenue in Madera CA. The property is currently 96% occupied. The company has also recently been appointed as the exclusive sales agent for Hawaiian Gardens Town Center, a 124,645 sq.ft. shopping center located in Hawaiian Gardens, CA. Walmart Neighborhood Market currently anchors the center. The property is 95% occupied and tenants include Sally Beauty Supply, MetroPCS, Hertz Rent-a-Car, Rent-A-Center and O’Reilly Auto Parts. The asking price reflects a Cap rate of 6%. For more information regarding Hallmark Town Center, contact Nicholas Bicardo, HFF, 100 California Street, Suite 720, San Francisco, CA 94111-4512; 415-276-6923; Email: nbicardo@hfflp.com; Web site: www.hfflp.com. For more information regarding Hawaiian Gardens Town Center, contact CJ Osbrink, 18300 Von Karman Avenue, Suite 900, Irvine, CA 92612; 949798-4132; Email: cosbrink@hfflp.com. Jones Lang LaSalle is selling a 475,630 sq.ft. portion of Sunrise Mall, a 1.15 million sq.ft. regional mall situated on 96 acres along Sunrise Boulevard in Citrus Heights, CA. For more information, contact David F. Monahan, Cameron Pittman, Robert Cole or Alan Stevenson, Jones Lang LaSalle; 212812-5704/5821/916-491-4314/4339; Emails: david.monahan@am.jll.com; cameron. pittman@am.jjl.com; rob.cole@am.jll.com and alan.stevenson@am.jll.com. Marcus & Millichap is selling Sea Shell Collections Shopping Center, an 89,175 sq.ft. shopping center situated on 14 acres at the intersection at U.S. Route 98 and Gulf Breeze Parkway in Gulf Breeze, FL. The property is anchored by Publix. Area demographics include a trade-area population within a three-mile radius earning $112,000 as the average household income. The asking price is $23 million. For more information, contact Gina Relva, Marcus & Millichap; 925-953-1716. Baum Realty Group, LLC is selling East Side Plaza, a 164,909 sq.ft. community shopping center located in Chicago, IL. The property is currently 93% occupied and tenants include Pete’s Fresh Market, T.J. Maxx, Planet Fitness, Family Dollar, Dollar Tree and Rainbow. For more information, contact Greg Dietz, Baum Realty Group, LLC, 1030 West Chicago Avenue, Suite 200, Chicago, IL 60642; 312-275-3125; Email: D greg.dietz@baumrealty.com. M Dealmakers Magazine | www.dealmakers.net
WHO’S OPENING AND WHERE MOOYAH Franchise, LLC (855-666-9247) is planning to open 10 MOOYAH Burger, Fries & Shakes restaurants throughout WI during the coming three years. The company is also looking to open locations throughout Atlanta, GA; Phoenix, AZ; Minneapolis, MN; Tampa, FL and Cincinnati, OH this year. The chain, based in TX and offering burgers, hotdogs, fries and dessert items, currently operates more than 75 MOOYAH Burgers, Fries & Shakes restaurants throughout 17 states in the U.S. and in Canada, as well as internationally and also trades as Pie Tap Pizza Workshop + Bar. The Kroger Co. (866-221-4141) is planning to open a Smith’s Marketplace store in Kaysville, UT this year. The company currently operates 10 locations throughout the state. The chain currently operates 2,638 locations throughout 34 states nationwide under the trade-names Kroger, Dillon’s Food Stores, Fred Meyer, Fry’s Food Stores, Quality Food Centers, Ralph’s and Smith’s. Art Van Furniture (888-427-88260) is planning to open a 100,000 sq.ft. location along Butterfield Road in Downers Grove, IL during December. The company, offering living-room, entertainment and home office furniture, as well as mattresses, currently operates 48 full-line stores throughout the Midwest, as well as 38 freestanding Art Van PureSleep bedding stores throughout MI and OH. Aldi, Inc. (630-879-8100) plans to open Aldi supermarkets in the Apex and West Cary areas of NC during 2016 and 2017, as well as expanding into the Richmond and Virginia Beach, VA markets. The company currently operates more than 1,300 grocery stores throughout 32 states in the Midwest and east coast regions of the U.S.
Nordstrom, Inc. (206-628-2111) is planning to open a 36,000 sq.ft., two-level Nordstrom Rack store at Wayne Towne Center, located at the intersection of Interstate 80/State Route 46 and State Route 23 in Wayne, NJ during the fall. 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. Supervalu, Inc. (952-828-4000) is planning to open a 45,000 sq.ft. Cub Foods supermarket, featuring a drive-thru pharmacy, at Oak Park Plaza, located at the intersection of 109th Avenue and University Avenue in Blaine, MN during summer 2016. The company currently operates 77 locations throughout IL and MN and also trades as Farm Fresh, Hornbacher’s, Shop ‘N Save and Shoppers. Del Taco (949-462-9300), through a franchised expansion plan, is looking to open restaurants throughout the northeastern U.S. during 2016, with the first openings slated for Burlington, Essex, Mercer Monmouth, Middlesex, Union and Somerset counties in NJ. The chain of Mexicaninspired, quick-serve restaurants currently operates 550 locations throughout 16 states nationwide. Kwik Trip, Inc. (608-781-8988) is planning to open a Kwik Trip convenience store, with a fueling station, along Grand Avenue in Wausau, WI later this year. The company is slated to open 37 locations throughout IA, MN and WI this year and currently operates more than 400 locations nationwide.
DSW, Inc. (866-379-7463) is planning to open a DSW store at Bowman Place shopping center in Mt. Pleasant, SC during the third quarter of this year. Nordstrom Rack, Dick’s Sporting Goods and Kitchen & Company are also slated to open at the center. Alamo Drafthouse Cinema (571-293-6808) is planning to open a location at Main Marketplace, a 114,000 sq.ft. development situated on 18 acres at the intersection of Main Street and FM 423 in Little Elm, TX during early 2016. The company currently operates 20 locations. Publix Super Markets, Inc. (863-680-5371) is planning to open a Publix Super Market at 20 Midtown, a 200,000 sq.ft. retail development located at the intersection of 3rd Avenue South and 20th Street in Birmingham, AL during summer 2016. DM
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Furniture Fair (513-874-5553) is slated to open its first Dayton, OH location at a 62,000 sq.ft. former Cub Foods supermarket site along Springboro Pike. The company offers furniture, bedding, home décor items and entertainment products and currently operates 11 locations throughout KY and OH. Haagen-Dazs (612-337-3305) is planning to open 12 ice cream shops under a new format during the year. The new locations will feature digital menu boards, leatherbooth seating and stools at a dessert bar where customers can watch their desserts being made. The company operates 210 locations nationwide. Dealmakers Magazine | www.dealmakers.net
DSW is planning to open a DSW store at Bowman Place shopping center in Mt. Pleasant, SC during the third quarter of this year. February 13, 2015 | Page 5
FOOD CHAINS EXPAND NATIONWIDE Big Boy International, LLC trades as Bob’s Big Boy at more than 95 locations throughout CA, IL, MI, OH and ND. The casual dining restaurants prefer to occupy 3,500 sq.ft. to 5,500 sq.ft. inline spaces and endcaps of shopping centers, as well as freestanding locations. Growth opportunities are sought throughout AL, AZ, CA, FL, IL, GA, LA, MD, MS, NC, NM, PA, SC, TX, VA, WI and WV during the coming 18 months. Preferred demographics include a population of 30,000 within a five-mile radius earning $35,000 as the average household income. The company prefers to locate in areas with a combination of retail, office and residential traffic generators. Preferred average daily traffic counts are 30,000 vehicles. For more information, contact Steve Facione, Big Boy International, LLC, 4199 Marcy Drive, Warren, MI 48091; 586-755-8113, Fax 586-757-4737; Email: sfacione@bigboy.com; Web site: www.bigboy.com. Between Rounds Bakery Sandwich Café operates four locations in CT. The restaurants, offering bagels, baked goods, deli items and catering services, prefer to occupy spaces of 2,500 sq.ft. to 3,000 sq.ft. in strip centers and freestanding locations. Growth opportunities are sought nationwide during the coming 18 months. Typical leases run five years with two, five-year options. The company prefers sites with a drive-thru and will also consider 350 sq.ft. kiosks. The company is franchising. For more information, contact Jerry Puiia, Between Rounds Bakery Sandwich Café, 19A John Fitch Boulevard Route 5, South Windsor, CT 06074; 860-291-0323, Fax 860-2892732; Email: jerry@betweenroundsbagels.com; Web site: www.betweenroundsbagels.com.
Alamo Drafthouse Cinema operates 20 locations throughout AZ, CA, CO, LA, NE, NY, MI, MO, TX and VA. The movie theaters/ restaurants prefer to occupy spaces of 22,000 sq.ft. to 33,000 sq.ft. in shopping centers and freestanding locations in urban or suburban areas. Growth opportunities are sought throughout CT, DE, FL, GA, MA, NC, NH, NJ, NY, OH, PA, SC, VA and Washington, DC during the coming 18 months, with representation by Charter Realty and Development Corp. b.good operates 18 locations throughout MA, ME, NJ and RI. The restaurants, offering burgers, salads and shakes, prefer to occupy 2,000 sq.ft. to 2,500 sq.ft. inline spaces of shopping centers, street fronts and freestanding locations. Growth opportunities are sought throughout MA, ME, NH, RI and VT during the coming 18 months, with representation by Charter Realty and Development Corp. Dunkin’ Donuts operates more than 11,000 locations nationwide and internationally. The donut shops, offering hot and cold beverages, as well as breakfast sandwiches, occupy spaces of 500 sq.ft. to 1,500 sq.ft. in strip centers, malls and freestanding locations. Growth opportunities are sought throughout Long Island and New York, NY during the coming 18 months, with representation by Charter Realty and Development Corp. Smashburger operates more than 270 locations nationwide and internationally. The fast-casual restaurants prefer to occupy spaces of 2,000 sq.ft. to 4,000 sq.ft. in neighborhood strip centers or freestanding locations. Growth opportunities are sought throughout Fairfield County, CT and Bronx, Manhattan and Westchester County, NY during the coming 18 months, with representation by Charter Realty and Development Corp.
Ben & Jerry’s Ice Cream is seeking growth opportunities throughout select markets nationwide during the coming 18 months. Page 6 | February 13, 2015
For more information regarding Alamo Drafthouse Cinema, contact Dan Zelson, Charter Realty and Development Corp., 183 Main Street, Westport, CT 06880; 203-2272922; Email: dan@chartweb.com; Web site: www.chartweb.com. For more information regarding b.good, contact Carol Hutchinson; 1666 Massachusetts Avenue, Boston, MA 02420; 617-623-4333, Fax 617-623-1333; Email: carol@chartweb.com. For more information regarding Dunkin’ Donuts or Smashburger, contact Peter Levine; Email: peter@chartweb.com. Ben & Jerry’s Franchising, Inc. trades as Ben & Jerry’s Ice Cream at more than 600 locations nationwide and internationally. The ice cream shops prefer to occupy spaces of 150 sq.ft. to 1,200 sq.ft. in entertainment and lifestyle centers, as well as tourist and urban/ downtown areas. Growth opportunities are sought throughout select markets nationwide and internationally during the coming 18 months. Typical leases run 10 years. A vanilla shell is preferred. Expansion is franchise-driven. For more information, contact Eric Thomas, Ben & Jerry’s Franchising, Inc., 30 Community Drive, South Burlington, VT 05403; 802-923-2413, Fax 802-846-1538; Email: real.estate@benjerry.com; Web site: www.benjerry.com. Popeye’s currently operates more than 2,370 locations nationwide. The fast-food restaurants occupy spaces of 1,500 sq.ft. to 2,000 sq.ft. in endcaps of shopping centers and freestanding locations. Growth opportunities are sought throughout southern CT during the coming 18 months, with representation by Aries Deitch & Endelson. For more information, contact Bill Grad, Aries Deitch & Endelson, 110 South Central Avenue, Hartsdale, NY 10530; 914-949-2800, Fax 914-949-2424; Email: billgrad@ade-re.com; Web site: www.ade-re.com. Barnsider Management Corp. trades as Barnsider, The Hardcover and The Beverly Depot at three locations in MA and NY. The restaurants prefer to occupy spaces of 7,000 sq.ft. in strip centers and freestanding locations. Limited growth opportunities are sought throughout MA, NH and NY during the coming 18 months. For more information, contact Bill Swanson, Barnsider Management Corp., 15A Newbury Street, Route 1 North, Danvers, MA 01923; 978-777-3885, Fax 978-777-5038; Web site: D www.barnsiderrestaurants.com. M Dealmakers Magazine | www.dealmakers.net
SUPERMARKET CHAINS EXPAND NATIONWIDE (continued from page one)
Fresh City Market operates two locations in IN and WI. The supermarkets occupy spaces of 18,000 sq.ft. to 22,000 sq.ft. in freestanding locations, mixed-use and strip centers, as well as urban/downtown areas. Growth opportunities are sought nationwide during the coming 18 months, with representation by White Box Commercial Property Group. Typical leases run 10 years. The company will only consider locations on and or near college campuses or universities with a minimum student enrollment of 25,000. For more information, contact John Bergh, White Box Commercial Property Group, 301 North Broom Street, Madison, WI 53704; 608-772-5077; Email: jbergh@whiteboxcpg.com; Web site: www.whiteboxcpg.com. Trader Joe’s operates more than 400 locations nationwide. The supermarkets, offering specialty food products, as well as featuring a wine department, occupy spaces of 12,000 sq.ft. to 12,500 sq.ft. in freestanding locations, power, specialty and strip centers. Growth opportunities are sought throughout NJ and Rockland County, NY during the coming 18 months, with representation by R.J. Brunelli & Co. Typical leases run 10 years. Specific improvements are required.
For more information, contact Ron DeLuca, R.J. Brunelli & Co. LLC, 400 Perrine Road, Suite 405, Old Bridge, NJ 08857; 732-721-5800, Fax 732-721-9241; Email: rdeluca@rjbrunelli.com; Web site: www.rjbrunelli.com. B.Green & Co. trades as Cash and Carry, Harvest Fare and Food Depot at four locations throughout MD. The supermarkets occupy spaces of 25,000 sq.ft. to 100,000 sq.ft. in freestanding locations, power and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. For more information, contact Rick Rodgers, B.Green & Co., 1300 South Monroe, Baltimore, MD 21230; 410783-7777, Fax 410-332-1604; Web site: www.bgreenco.com. Dierbergs Markets, Inc. trades as Dierbergs Markets at 25 locations throughout IL and MO. The supermarkets, featuring deli, produce, floral, seafood and wine departments, occupy spaces of 65,000 sq.ft. to 165,000 sq.ft. in strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Preferred cotenants include T.J. Maxx, Target, PetSmart, Petco,
Michaels and Dick’s Sporting Goods. The company requires a land area of at least 20 acres and prefers to anchor strip center locations. For more information, contact Jerry Ebest, Dierbergs Markets, Inc., PO Box 1070, Chesterfield, MO 63017; 636-812-1352, Fax 636-812-1607; Email: ebestj@dierbergs.com; Web site: www.dierbergs.com. Brookshire Grocery Co. trades as Brookshire Food Stores, Super 1 Stores and FRESH at 152 locations throughout AR, LA and eastern TX. The supermarkets, featuring deli, produce, health and beauty and floral departments, as well as a pharmacy, occupy spaces of 30,000 sq.ft. to 58,000 sq.ft. in freestanding locations, power and strip centers. Growth opportunities are sought throughout southern AR, LA and eastern TX during the coming 18 months. Typical leases run 15 to 20 years. Major competitors include Albertsons, Kroger and Walmart Supercenter. A land area of five to seven acres is required for freestanding locations. The company prefers to acquire sites. For more information, contact Charles Merrell, Brookshire Grocery Co., 1600 West Southwest Loop 323, Tyler, TX 75701; 903534-3000, Fax 903-534-2217; Web site: D www.brookshires.com. M
EXCLUSIVES AND TENANT REPS LandQwest Commercial (239-333-4365) is representing Aldi with its expansion plans throughout Charlotte, Lee and Collier counties in FL. The supermarkets prefer to occupy freestanding buildings of 17,000 sq.ft. on land areas of two acres. The company prefers to locate in areas with a dense tradearea population within a three-mile radius. Preferred daily average traffic counts include 20,000 vehicles. Lockhouse (650-548-2676) is representing Tropical Smoothie Café with its expansion plans on the peninsula in the San Francisco Bay area of CA. The smoothie shops prefer to
occupy spaces of 1,200 sq.ft. to 2,000 sq.ft. in areas with a strong daytime population and high traffic counts. Levin Management (800-488-0768) was recently appointed the exclusive leasing agent for the following properties: Cheltenham Mall, a 760,000 sq.ft. regional mall located at the intersection of Route 309 and Cheltenham Avenue in Montgomery County, PA and anchored by Home Depot, ShopRite, Target, Burlington and Conway and Bordentown Plaza, a 179,000 sq.ft. shopping center located along Route 206 in Bordentown, NJ and anchored by
ShopRite. The company is also continuing to act as the exclusive leasing agent for Whiting Town Center, a 118,000 sq.ft. shopping center located at the intersection of Lacey Road and Cherry Street in Whiting Township, NJ. Centre-Line Real Estate (305-576-9008) is representing the following companies with their expansion plans throughout southern FL: Staples using spaces of 14,000 sq.ft.; Salons by JC occupying spaces of 6,000 sq.ft. to 8,000 sq.ft; Supercuts utilizing spaces of 1,000 sq.ft. to 1,500 sq.ft. and City Country D Credit Union in spaces of 4,000 sq.ft. M
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February 13, 2015 | Page 7
SOURCES OF FINANCING Dockerty Romer & Co. recently negotiated $10 million in financing for Peachtree Corners Market, a 42,185 sq.ft. shopping center located in Peachtree Corners, GA. Sprouts Farmers Market anchors the center and tenants include Verizon Wireless PNC Bank, Zoe’s Kitchen and Sleep Number. For more information, contact Craig B. Romer, Dockerty Romer & Co., 70 Southeast 4th Avenue, Delray Beach, FL 33483; 561-330-8000, Fax 561-330-8001; Email: cromer@dockertyromer.com; Web D site: www.dockertyromer.com. M
REAL ESTATE PROFESSIONALS MAKING THE NEWS CBRE Group, Inc. (212-984-8267) recently acquired United Commercial Realty, a Dallas, TX based commercial real estate firm. As part of the transaction, the company will also acquire UCR’s affiliate office in Austin, TX. The firm also recently appointed Mark E. Bratt as senior managing director of CBRE Capital Markets. Prior to joining the company, Bratt served as chief investment officer at DDR Corp. The company specializes in leasing, corporate, property management, mortgage banking, appraisal and valuation, development and investment services. Velocity Retail Group, LLC (602-682-6020) recently promoted brokers John Jackson and Larry Miller, Jr. to associate vice presidents. In their new roles, Jackson will work with owners of shopping centers and Miller will focus on working with developers and landlords. The company specializes in tenant representation, investment consulting, development and redevelopment services. SRS Real Estate Partners (214-560-3215) recently hired Joe Pressley as an associate at the firm’s Atlanta, GA office. In his new role, Pressley will be focusing on business and real estate lending. The company specializes in brokerage, corporate, development, investment and management services. LandQwest Commercial (239-333-4359) recently hired Dan Thompson as a senior real estate specialist at the company’s Tampa, FL office. Prior to joining the company, Thompson worked at Poag Lifestyle Centers. Jameson Commercial (312-216-8000) recently hired Pat McGuire as a senior vice president. DM Page 8 | February 13, 2015
LEASE SIGNINGS Mid-America Real Estate – Wisconsin, LLC (414-273-4600) recently negotiated the following leases throughout WI: with Fantastic Sams for 1,200 sq.ft. at Whitnall Square, located along South Whitnall Avenue in St. Francis, with Joe Kleiman of Mid-America Real Estate – Wisconsin, LLC representing the landlord and Max Jacobson of Mid-America Real Estate – Wisconsin, LLC representing the tenant in the transaction; with Tom + Chee for 2,020 sq.ft. at Autumn Grove, located along West Bluemound Road in Elm Grove, with Teresa Shemitis of Mid-America Real Estate – Wisconsin, LLC representing the landlord in the transaction; with Planet Beach Automated Spa for 1,400 sq.ft. at Kenosha Point in Kenosha, with Andrew Prater of Mid-America Real Estate – Wisconsin, LLC representing the landlord in the transaction; with Lash Boutique for 1,351 sq.ft. at Mill Square, located along Washington Street in Grafton, with Andrew Prater representing the landlord in the transaction; with AT&T Mobility for 2,834 sq.ft. at Mount Pleasant Commerce Center, located along Durand Avenue in Sturtevant, with Max Jacobson and Adam Dreier of Mid-America Real Estate – Wisconsin, LLC representing the tenant in the transaction and with Aspen Physical Therapy for 3,000 sq.ft. at Ruby Isle, located along North Calhoun Road in Brookfield, with Teresa Shemitis representing the landlord in the transaction. First Western Properties (773-545-2000) recently negotiated a five-year lease with a nail salon for space along West Roosevelt Road in Westchester, IL. CBRE | Richmond (804-320-5500) recently negotiated a lease with Peebles for 16,000 sq.ft. along Nine Mile Road in Richmond, VA. Robby Brownfield and Chris Doyle of CBRE | Richmond represented the landlord in the transaction. The company also negotiated a lease with Mesopotamia Delicatessen for 1,140 sq.ft. along Lauderdale Drive in Richmond, VA. Robby Brownfield, Chris Doyle and Rob Black of CBRE | Richmond represented the landlord in the transaction. Stirling Properties (985-246-3764) recently negotiated a lease with Whole Foods Market for 40,000 sq.ft. at Premier Centre, a 273,000 sq.ft. shopping center located at the intersection of US Highway 190 and North Causeway Boulevard in Mandeville, LA. Ripco Real Estate (516-933-8880) recently negotiated leases with Olive Garden for 7,448 sq.ft. and Longhorn Steakhouse for 6,392 sq.ft. at Cross Country Shopping Center, located along Mall Walk in Yonkers, NY.
Venture Commercial (214-378-1212) recently negotiated the following leases throughout TX: with Buzzbrews Kitchen for 6,034 sq.ft. at Skillman Live Oak shopping center, located along Live Oak Street in Lakewood, with Easley Waggoner, Jr. and Scott Lake of Venture Commercial representing the landlord and Terry Syler of The Retail Connection representing the tenant in the transaction; with The Wild Mushroom Steakhouse & Lounge for 4,339 sq.ft. at Ridglea Village Shopping Center, located along Winthrop Avenue in Ft. Worth; with LA Fitness for 38,000 sq.ft. at Frisco Market Center, located at the intersection of Main Street and the Dallas North Tollway in Dallas, with John Zikos and Jonathan Cooper of Venture Commercial representing the tenant and Darrell Hernandez of United Commercial Realty representing the landlord in the transaction. Gerdom Realty & Investment (248-2426766) recently negotiated a lease with Biggby Coffee for 2,071 sq.ft. along 11 Mile Road, between Interstate 75 and John R. Road in Madison Heights, MI. Tjader Gerdom and Mike Vaughn of Gerdom Realty & Investment negotiated the transaction. LMS Commercial Real Estate (717-5699373) recently negotiated a lease with China 1 for 1,621 sq.ft. at Keystone Arms Center, a 27,441 sq.ft. shopping center located along Harrisburg Pike in Carlisle, PA. Blake Gross of LMS Commercial Real Estate represented the landlord in the transaction. Cur-Co Properties (203-966-5030) recently negotiated a five-year lease with ShermanWilliams for 3,800 sq.ft. along Central Park Avenue in Yonkers, NY. DM
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LEAD SHEET Belron Canada, Inc. dba Speedy Glass, Lebeau Vitres d’Autos, DURO Vitres d’autos, Apple Auto Glass and Broco Auto Glass Patricia-Ann Foley 8288 PIE-IX Boulevard Montreal, Quebec, Canada H1Z 3T6 514-593-3787, Fax 514-593-2210 Web site: www.belroncanada.com
Automotive The chain operates more than 300 locations throughout Canada. The shops, offering windshield repair and placement services, as well as automotive glass and related accessories, occupy spaces of 2,500 sq.ft. to 3,500 sq.ft. in freestanding locations and outlots of malls. Growth opportunities are sought throughout Alberta and Ontario, Canada during the coming 18 months. Typical leases run five years. The company prefers to locate near automotive service centers and in close proximity to major commercial arterials.
Explore + Discover Hal Shapiro c/o Winick Realty Group 655 Third Avenue, 8th Floor New York, NY 10017 212-792-2623 Email: hal@winick.com Web site: www.winick.com
Childcare The company currently operates a location in Manhattan, NY. The facility, offering childcare and learning programs for children ages three to 23 months, prefers to occupy spaces of 4,500 sq.ft. to 8,000 sq.ft. Growth opportunities are sought throughout the Bronx, Manhattan and Queens, NY during the coming 18 months, with representation by Winick Realty Group.
Cumberland Farms Austin Lewis c/o Saugatuck Commercial Real Estate, LLC 9 Burr Road Westport, CT 06880 203-222-4195, Fax 203-222-4186 Email: alewis@saugatuckcommercial.com Web site: www.saugatuckcommercial.com
Convenience The 600-unit chain operates locations throughout 11 states in the northeastern region of the U.S., and in FL. The convenience stores, with gasoline facilities, occupy spaces of 4,200 sq.ft. in freestanding locations, corner locations and second-generation spaces. Growth opportunities are sought throughout CT during the coming 18 months, with representation by Saugatuck Commercial Real Estate, LLC.
Sunshine Food Mart Joe Fields 402 High Point Drive Cocoa, FL 32926 321-631-0245, Fax 321-633-0467
Convenience The 100-unit chain operates locations throughout FL. The convenience stores, with gasoline facilities, occupy spaces of 2,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing market during the coming 18 months.
Tom Thumb Food Stores, Inc. dba Tom Thumb Jimmy McCarthy III 97 West Okeechobee Road Hialeah, FL 33010 305-885-5451, Fax 305-885-0144 Email: jmccarthy@tomthumbfl.com Web site: www.tomthumb.com
Convenience The 15-unit chain operates locations throughout southern FL. The convenience stores, with gasoline facilities, occupy spaces of 2,400 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing market during the coming 18 months.
Sally Beauty Holdings, Inc. dba Cosmo Prof / Armstrong McCall Nicole Curtis 3001 Colorado Boulevard Denton, TX 76201 800-777-5706 Ext. 4930 Email: ncurtis@sallybeauty.com Web site: www.sallybeauty.com
Cosmetics The 1,100-unit chain operates locations nationwide and in Canada. The stores, offering beauty supplies and products for professionals in the trade, occupy spaces of 1,400 sq.ft. to 2,500 sq.ft. in freestanding locations, shopping centers and unanchored strip centers. Growth opportunities are sought throughout DE, Chicago, IL; IN, KY, MD, NJ, OH, PA, VA, WV and Washington, DC during the coming 18 months.
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February 13, 2015 | Page 9
LEAD SHEET Super Beauty 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
Cosmetics The nine-unit chain operates locations throughout MD and VA. The stores, offering cosmetics and beauty supplies, occupy spaces of 10,000 sq.ft. to 30,000 sq.ft. in malls and power centers. Growth opportunities are sought throughout Prince George’s County in MD during the coming 18 months, with representation by NREB, LLC.
ULTA Matt Bloom c/o BKR Retail Services 440 West Street, Suite 4 Fort Lee, NJ 07024 201-292-4647 Ext. 1 Email: mbloom@bkrretail.com Web site: www.bkrretail.com
Cosmetics The chain operates more than 775 locations nationwide in 49 states. The stores, offering cosmetics, beauty products and haircare items, as well featuring an in-store salon, occupy spaces of 10,000 sq.ft. to 10,500 sq.ft. in freestanding locations, inline spaces of power centers and regional shopping centers. Growth opportunities are sought throughout central and northern NJ during the coming 18 months, with representation by BKR Retail Services.
Dollar Tree Ian Silberman c/o L3 Corp. 211 North Lindbergh Boulevard, Suite 150 St. Louis, MO 63141 314-469-7400, Fax 314-576-9768 Email: ian@l3corp.net Web site: www.l3corp.net
Discount Store The chain operates more than 5,280 locations nationwide and in Canada. The stores, offering housewares, party and seasonal supplies, stationary and cleaning supplies all priced at $1, occupy spaces of 8,000 sq.ft. to 12,000 sq.ft. in freestanding locations and power and strip centers. Growth opportunities are sought throughout AR, IL and MO during the coming 18 months, with representation by L3 Corp.
Agemy Family Dry Cleaners, LLC dba Quality Plus Cleaners Hass Agemy 9945 Race Track Road Tampa, FL 33626 813-925-8434 Email: qualitypluscleaners@yahoo.com Web site: www.qpcleaners.com
Dry Cleaners The 22-unit chain operates locations throughout Tampa Bay and Orlando, FL. The dry cleaning facilities occupy spaces of 800 sq.ft. to 1,000 sq.ft. in freestanding locations and endcaps of shopping centers. Growth opportunities are sought throughout Orlando, Tampa, Pasco and Pinellas, FL during the coming 18 months.
C2 Education Andrea Patrizio c/o Paraclete Realty 111 Cameron Parke Place, Suite 100 Alexandria, VA 22304 443-632-7464 Email: andrea@paracleterealty.com Web site: www.paracleterealty.com
Education The 110-unit chain operates locations throughout CA, CT, FL, GA, IL, MD, NC, NJ, NY, OR, PA, TX, VA and WA. The facilities, offering tutoring for standardized testing, occupy spaces of 1,400 sq.ft. to 2,500 sq.ft. in neighborhood shopping centers. Growth opportunities are sought throughout MD and VA during the coming 18 months, with representation by Paraclete Realty. The company prefers to locate in affluent areas. Preferred cotenants include Whole Foods.
MetroPCS Brian Bielatowicz c/o Lee & Associates Commercial Real Estate Services 25240 Hancock Avenue, Suite 100 Murrieta, CA 92562 951-445-4515 Email: bbielatowicz@lee-associates.com Web site: www.metropcs.com
Electronics The chain operates more than 90 locations nationwide. The stores, offering cellular phones and related services and accessories, occupy spaces of 900 sq.ft. to 1,500 sq.ft. in strip centers. Growth opportunities are sought throughout Inland Empire, Los Angeles, Orange and San Diego counties in CA during the coming 18 months, with representation by Lee & Associates Commercial Real Estate Services. The company prefers to locate in sites with high visibility and prominent signage.
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LEAD SHEET Mann Theaters, Inc. dba Mann Theaters Stephen Mann 900 East 80th Street Bloomington, MN 55420 952-767-0102, Fax 952-767-0103 Email: info@manntheatresmn.com Web site: www.manntheatres.com
Entertainment The nine-unit chain operates locations throughout MN. The movie theaters occupy spaces of 45,000 sq.ft. to 65,000 sq.ft. in freestanding locations and regional shopping centers. Growth opportunities are sought throughout the existing market during the coming 18 months.
EZCORP, Inc. EZPAWN, EZMONEY, Cash Converter, Value Pawn, Empeno Facil and Cashmax Barbara Lampley or Ken Ormsby 2801 Via Fortuna, Suite 460 Austin, TX 78746 512-314-3400, Fax 512-314-3323 Email: barbara_lampley@ezcorp.com Web site: www.ezcorp.com
Finance The chain operates 1,400 locations nationwide and in Canada and Mexico. The financial service centers prefer to occupy spaces of 1,000 sq.ft. to 2,000 sq.ft. and the pawn shops prefer to occupy spaces of 6,000 sq.ft. to 8,000 sq.ft. in freestanding locations, strip and value centers. Growth opportunities are sought throughout OH, TN, TX and NV during the coming 18 months. Typical leases run three to five years with options. A vanilla shell is required. Preferred cotenants include drug stores, grocery stores, hardware retailers and Walmart.
Dollar Zone, LLC dba Dollar Zone Paul Newmeyer 24 Elm Terrace Shopping Center Wheeling, WV 26003 304-243-9008, Fax 304-242-8877
General Merchandise The six-unit chain operates locations throughout OH and WV. The stores, offering discounted general merchandise, occupy spaces of 5,000 sq.ft. to 10,000 sq.ft. in strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months.
TVI, Inc. dba Savers, Value Village and Village Des Vilaurs David Cree 11400 Southeast 6th Street, Suite 220 Bellevue, WA 98004 425-450-2316 Web site: www.savers.com
General Merchandise The 345-unit chain operates locations nationwide and in Canada and Australia. The stores, offering discounted general merchandise, occupy spaces of 20,000 sq.ft. to 40,000 sq.ft. in freestanding locations, endcaps and inline spaces of shopping centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 10 years with options.
Paris | Nails & Hair Salon 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/Nail Salon The four-unit chain operates locations throughout Altamonte Springs, Sanford and Orlando, FL. The hair and nail salons occupy spaces of 2,000 sq.ft. to 6,000 sq.ft. in strip centers. Growth opportunities are sought throughout Jacksonville and central FL during the coming 18 months, with representation by LandQwest Commercial.
Aspen Dental Andrew Grocki c/o Sullivan Hayes Cos. 10 Waterside Drive, Suite 301 Farmington, CT 06032 860-677-5252, Fax 860-679-5260 Email: agrocki@sullivanhayesne.com Web site: www.sullivanhayesne.com
Healthcare The chain operates more than 450 locations nationwide in 28 states. The dental care facilities occupy spaces of 3,500 sq.ft. in freestanding locations and endcaps of power centers. Growth opportunities are sought throughout CT during the coming 18 months, with representation by Sullivan Hayes Cos. The company prefers to locate in class A locations.
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February 13, 2015 | Page 11
LEAD SHEET Mattress Firm Thomas D. Godino, Jr. or Greg Godino c/o Atlantic Retail Properties 1001 North US Highway 1, Suite 600 Jupiter, FL 33477 561-427-6699 Ext. 1012/1013, Fax 561-427-6561 Email: tgodino@atlanticretail.com Web site: www.atlanticretail.com
Home Furnishings The chain operates more than 2,000 locations nationwide. The stores, offering mattresses and bedding accessories, occupy spaces of 3,200 sq.ft. to 4,200 sq.ft. in freestanding locations, power and strip centers, malls and urban/downtown areas. Growth opportunities are sought throughout FL during the coming 18 months, with representation by Atlantic Retail Properties.
Jensen Jewelers of Idaho, LLC dba Jensen Jewelers Tony Prater 133 Shoshone Street North Twin Falls, ID 83301 208-734-7920, Fax 208-734-9574 Email: tprater@jensen-jewelers.com Web site: www.jensen-jewelers.com
Jewelry The 14-unit chain operates locations throughout ID, MT, NV and WY. The jewelry stores occupy spaces of 1,400 sq.ft. to 1,600 sq.ft. in malls, lifestyle and strip centers. Growth opportunities are sought throughout ID during the coming 18 months. Typical leases run five years with a five-year option. A vanilla shell and specific improvements are required. The company is site-selective.
Salons by JC 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
Hair Salon The chain operates more than 40 locations throughout AL, AR, CA, CO, CT, FL, GA, IL, MN, NC, OK, TN and TX. The salons, offering hair, massage, nail and skin care services, occupy spaces of 6,000 sq.ft. to 10,000 sq.ft. in neighborhood and regional centers. Growth opportunities are sought throughout northern VA and in Baltimore County, MD during the coming 18 months, with representation by Sax Realty, Inc.
Modells Sporting Goods Douglas Epstein and John Genovese 498 Seventh Avenue, 20th Floor New York, NY 10018 212-822-1055, Fax 212-822-1090 Emails: doug.epstein@modells.com and john.genovese@modells.com Web site: www.modells.com
Sporting Goods The 152-unit chain operates locations throughout the mid-Atlantic and northeastern regions of the U.S. The sporting goods stores occupy spaces of 7,500 sq.ft. to 15,000 sq.ft. in power centers, regional malls, shopping centers, downtown areas and street fronts. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 15 years with three, five-year options.
BJ’s Wholesale Club George Galloway or Ray Schupp c/o Next Realty Mid-Atlantic, LLC 1750 Old Meadow Road, Suite 250 McLean, VA 22102 703-442-4500, Fax 703-442-8818 Email: ggalloway@nextrealty.com Web site: www.nextrealty.com
Wholesale Club The chain operates more than 200 locations throughout CT, DE, FL, GA, MA, MD, ME, NC, NH, NJ, NY, OH, PA, RI and VA. The wholesale clubs occupy spaces of 85,000 sq.ft. to 119,000 sq.ft. in freestanding locations and power centers. Growth opportunities are sought throughout Baltimore, MD; central and southern VA and Washington, DC during the coming 18 months, with representation by Next Realty Mid-Atlantic, LLC.
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 13, 2015
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SPACE PLACE Alabama
California
California
Dothan – Southview Square, located at the intersection of US Route 231 and Ross Clark Circle, has a space of 10,555 sq.ft. available. Cotenants include Winn-Dixie, Goodwill, Uncle Bob’s and Dunkin’ Donuts. Area demographics include a population of 52,253 within five miles earning $55,481 as the average household income. For more information, contact Stephen Waynick or Roberta McCardle, Victory Real Estate Investments, 240 Brookstone Centre Parkway, Columbus, GA 31904; 800-4357834, Fax 706-327-4413; Email: swaynick@ vrei.net.
Lau or Benjamin Chen, STC Management, 562-695-1513 Ext. 120/107; Email: jonathan@stcmanagement.com.
For more information, contact Mike Donnelly, Coldwell Banker Commercial DuFour Realty, 1350 East Lassen Avenue, Suite 1, Chico, CA 95973; 530-828-0011; Email: mike@californianorthern.com; Web site: www.chicoretail.com.
California City of Industry – Seasons Place, a lifestyle center located along East Gale Avenue, has a second floor restaurant space of 3,441 sq.ft. available. Cotenants include Jazz Cat, JJ Bakery, Four Seasons Seafood and Music Box Karaoke. Area demographics include a population of 148,185 within three miles earning $91,527 as the average household income. The average daily traffic count is 209,000 vehicles along 60 Freeway. For more information, contact Jim Resha or Heather Francine, Sperry Commercial, 714-231-5810/714-299-9829; Email: jim.resha@sperrycre.com; or Jonathan
Los Angeles – Barcelona Towers, a mixeduse development located along West 6th Street, has retail spaces from 887 sq.ft. to 1,031 sq.ft. available, along with a 3,150 sq.ft. restaurant space. Area demographics include a population of 1.2 million within five miles earning $51,854 as the average household income. The average daily traffic count is 40,000 vehicles at the intersection of 6th Street and Berendo Street. For more information, contact Joseph Kim or Tracy Thomas, Coreland Cos., 17542 East 17th Street, Suite 420, Tustin, CA 92780; 714-573-7780, Fax 714-573-7790; Email: jkim@coreland.com; Web site: www.coreland.com. Oroville – Las Plumas Plaza Shopping Center, located along Oro Dam Boulevard, has a 1,920 sq.ft. former Quiznos Subs space available. Area retailers include Food Maxx, Big 5 Sporting Goods, Round Table Pizza, Anytime Fitness, Payless Shoe Source, Radio Shack, CVS, Check N’ Go and Sierra Central Credit Union. The average daily traffic count is 30,000 vehicles. The monthly asking rent is $1.40 psf NNN.
Shopping Center Management Leasing Redevelopment n
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San Juan Capistrano – Capistrano Collection, a 24,210 sq.ft. mixed-use center located along Ortega Highway, has first floor spaces of 2,620 sq.ft. and 2,625 sq.ft. available, along with second floor spaces of 1,209 sq.ft., 1,990 sq.ft. and 2,731 sq.ft. Area retailers include Rite Aid, Vons, Marshalls, True Value, Curves, Subway, McDonald’s and Del Taco. Area demographics include a population of 198,925 within five miles earning $126,417 as the average household income. The average daily traffic count is 37,300 vehicles along Ortega Highway. For more information, contact Jason Ball, Value Rock Realty Partners, 18301 Von Karman Avenue, Suite 850, Irvine, CA 92612; 855-367-8877; Email: jball@valuerockrealty.com. Santa Clarita – Centre Pointe Marketplace, located at the intersection of Golden Valley Road and Soledad Canyon Road, has a space of 968 sq.ft. available. Cotenants include Walmart, Sam’s Club, LA Fitness, Dick’s Sporting Goods, Babies “R” Us, Easy Life
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SPACE PLACE California
Florida
Florida
Furniture, Bank of America and Starbucks. Area demographics include a population of 210,156 within five miles earning $95,901 as the average household income. For more information, contact John Cserkuti or Bert Abel, NAI Capital – Valencia, 28212 Kelly Johnson Parkway, Suite 200, Valencia, CA 91355; 661-705-3551/3554; Email: jcserkuti@naicapital.com; Web site: www.naicapital.com.
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 Carol Smiddy, Primerica Group One, Inc., 813933-0629 Ext. 201.
Florida Boca Raton – The Commons at Town Center, a 117,956 sq.ft. center located along 19th Street at the intersection of Butts Road and Renaissance Way, has spaces available. Cotenants include Moe’s Southwest Grill, Sushi Masa Asian Bistro, TooJay’s Gourmet Deli, Hooters, Five Guys Famous Burgers & Fries, Laspada’s, Orangetheory Fitness and Plato’s Closet. Area demographics include a population of 232,932 within five miles earning $75,105 as the average household income. The average daily traffic count is 87,910 vehicles. For more information, contact Jeff Kalil, Woolbright Development, 954-254-2292; Email: jkalil@woolbright.net; Web site: www.woolbright.net. Clearwater – Bayside Bridge Plaza, a 172,516 sq.ft. community center located at the intersection of McMullen Booth Road and Coachman Road, has spaces of 1,346 sq.ft. and 2,380 sq.ft. available. Cotenants include Publix, Ace Hardware, Dollar Tree, Gatti Town, Fitness 360, Hair Cuttery, Put Supplies Plus, Bon Worth, Tires Plus and Checkers. Area demographics include a population of 198,693 within five miles earning $58,524 as the average household income. For more information, contact Isram Realty & Management, Inc., 506 South Dixie Highway, Hallandale, FL 33009; 954455-2822, Fax 954-455-9384; Web site: www.isramrealty.com. Naples – Granada Shoppes, a 300,000 sq.ft. mixed-use community center located at the intersection of South Tamiami Trail and Immokalee Road, has inline spaces and outparcels available. Cotenants include Trader Joe’s, Haverty’s, Marshalls, Pier 1 Imports, P.F. Chang’s, Men’s Wearhouse, Walgreens, Chuck E. Cheese, Hobby Lobby, Visionworks and Tuesday Morning. Area demographics include a population of 41,293 within three miles earning $118,958 as the average household income. Dealmakers Magazine | www.dealmakers.net
Pensacola – A 44,228 sq.ft. anchor space is available at a center located along North 9th Avenue. Area retailers include Publix, Target, Ross Dress for Less, Dillards, Belk, Best Buy, Bed Bath & Beyond, Petco, Sam’s Club, hhgregg, Barnes & Noble and Lowe’s. Area demographics include a population of 135,656 within five miles earning $53,718 as the average household income. The asking rent is $9 psf NNN. For more information, contact Robert Crum or Gary Shapiro, Kin Properties, 185 Northwest Spanish River Boulevard, Boca Raton, FL 33431; 888-546-7767 Ext. 117/114; Email: rcrum@kinproperties.com. Port Orange – Nova Road Retail Center, located at the intersection of Nova Road and West Samms Avenue, has a space of 6,000 sq.ft. available. Area retailers include O’Reilly Auto Parts, Auto Zone, Domino’s, Advance Auto Parts, Bealls, Ross Dress for Less, Walgreens, Anytime Fitness and Pizza Hut. Area demographics include a population of 103,682 within five miles earning $53,908 as the average household income. The average daily traffic count is 49,128 vehicles. The asking rent is $28 psf NNN. For more information, contact Sandi Bargfrede, Cursor Realty Commercial, 407622-7772; Email: sandi@cursorflorida.com; Web site: www.cursorflorida.com. St. Petersburg – Oak Tree Plaza, a 118,574 sq.ft. center located along 9th Avenue North, has a space of 29,958 sq.ft. available. Cotenants include Youfit and Dollar Tree. Area demographics include a population of 252,503 within five miles earning $53,872 as the average household income. The average daily traffic count is 37,000 vehicles. For more information, contact Victoria Anthony, Kimco Realty, 7861 Woodland Center Boulevard, Tampa, FL 33614; 727608-2253; Email: vanthony@kimcorealty.com; Web site: www.kimcorealty.com. Valrico – Valrico Commons Shopping Center, located at the intersection of Highway 60 and Valrico Road, has spaces available. Cotenants include Publix, Bealls, Ross Dress for Less, H&R Block, Great Clips, Verizon Wireless, Chase Bank and Edward Jones. Area demographics include a population of 174,898 within five miles earning $74,158 as the average household income.
Georgia Acworth – Acworth Crossing, a 118,000 sq.ft. power center located along Cobb Parkway, has spaces from 1,000 sq.ft. to 2,800 sq.ft. available. Cotenants include Best Buy, PetSmart, Michaels, Dollar Tree, Hancock Fabrics, Leslie’s Pool Supplies and Toucan Tan. Area demographics include a population of 121,421 within five miles earning $87,382 as the average household income. The average daily traffic count is 30,210 vehicles at the intersection of Cobb Parkway and Acworth Due West Road. For more information, contact Michele Del Monaco, Cobblestone Retail Group, 1507 Johnson Ferry Road, Suite 150, Marietta, GA 30062; 770-977-1071 Ext. 303; Email: michele@cobblestoneretail.com; Web site: www.cobblestoneretail.com. Athens – A space of up to 4,000 sq.ft., with a 500 sq.ft. patio, is available at the intersection of West Broad Street and Pulaski Street. Area retailers include Urban Outfitters, Yoforia, Fab’rik, Ben & Jerry’s, Five Guys Famous Burgers & Fries, Starbucks and Mellow Mushroom. Area demographics include a population of 102,474 within five miles. For more information, contact Brian Katz or Julie Gardner, Katz & Associates, One Blue Hill Plaza, Suite 1440, Pearl River, NY 10965; 845-735-2382/704-602-9350; Email: briankatz@dkatz.com; Web site: www.katzassociates. Cairo – A center located along Highway 84, has inline spaces from 1,100 sq.ft. to 2,750 sq.ft. available, as well as a space of 11,000 sq.ft. Area retailers include Walmart, Hibbett Sports, Dollar Tree, O’Reilly Auto Parts, Advance Auto Parts, Subway, Dairy Queen and Hardee’s. Area demographics include a population of 22,949 within ten miles earning $42,209 as the average household income. For more information, contact Mill Graves, Electric Cities of Georgia, 678-202-3102; Email: mgraves@locationgeorgia.com; Web site: www.locationgeorgia.com.
Illinois Chicago – An 844 sq.ft. retail space is available at the intersection of West Belmont Avenue and North Southport Avenue. The (continued on page sixteen)
February 13, 2015 | Page 15
SPACE PLACE Illinois (continued from page fifteen)
asking rent is $19 psf. For more information, contact Jim Persino, First Development Corp., 6316 North Northwest Highway, Chicago, IL 60631; 773-775-5005, Fax 773-775-9684; Email: fdc@firstdevelopment.com; Web site: www.firstdevelopment.com. Chicago – Street level retail spaces from 3,000 sq.ft. to 7,000 sq.ft. are available along North Milwaukee Avenue. Area retailers include Crossfit Logan, Walgreens, Madison Bar, Wasabi, Blue Sprout Thai Restaurant and The Bike Lane. Area demographics include a population of 64,709 within one mile earning $81,322 as the average household income. The asking rent is $18 psf NNN. For more information, contact Katie Whelan or Chris Irwin, Jameson Real Estate Commercial, 312-929-1527/312355-3219, Fax 312-335-0886; Email: kwhelan@jameson.com; Web site: www.jamesoncommercial.com. Cicero – An 8,064 sq.ft. retail space is available along South Cicero Avenue. Area retailers include Sam’s Club, Home Depot, Target, Office Max, CW Price and Food 4 Less. Area demographics include a population of 886,581 within five miles earning $45,146 as the median household income. For more information, contact Todd Cabanban, CR&M Commercial Realty, 312477-0342; Email: todd@crmcr.com; Web site: www.crmcr.com. Crystal Lake – Country Corners, a 123,660 sq.ft. center located at the intersection of State Route 14 and Keith Street, has spaces of 1,500 sq.ft., 2,100 sq.ft. and 2,400 sq.ft. available. Cotenants include Savers, T.J. Maxx, Hancock Fabrics, Dollar Tree, Petco, Payless Shoe Source, Great Clips and Weight Watchers. Area demographics include a population of 131,212 within five miles earning $99,240 as the average household income. The average daily traffic count is 26,200 vehicles along State Route 14. For more information, contact Charles Margosian or Charles Margosian Jr., Highland Management Associates, Inc., 1 East 22nd Street, Suite 201, Lombard, IL 60148; 630691-1122, Fax 630-691-8572; Web site: www.highlandmanagement.biz. Elgin – Town & Country Shopping Center, a 178,920 sq.ft. center located at the intersection of South McLean Boulevard and Page 16 | February 13, 2015
Illinois
Illinois
Main Street, has spaces of 1,200 sq.ft., 2,500 sq.ft. and 2,800 sq.ft. available. Cotenants include Elgin Fresh Market, Aaron’s, Family Dollar, Subway and Taco Bell. Area demographics include a population of 162,602 within five miles earning $80,287 as the average household income. The average daily traffic count is 21,400 vehicles along South McLean Boulevard. For more information, contact John DeWolfe, Kimco Realty, 10600 West Higgins, Suite 408, Rosemont, IL 60018; 847294-6417; Email: jdewolfe@kimcorealty.com; Web site: www.kimcorealty.com.
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.
Northbrook – Northshore 770, located at the intersection of Dundee Road and Skokie Boulevard, has a space of 4,500 sq.ft. available. Cotenants include Mariano’s Fresh Market, Kriser’s, Noodles & Co., Sleepy’s, Chipotle, Zengeler, Fuddrucker’s, PNC Bank and Panera Bread. Area demographics include a population of 153,611 within five miles earning $185,374 as the average household income. For more information, contact Steven Baer or Gary Greenfield, Metro Commercial Real Estate, 56 Skokie Valley Road, Highland Park, IL 60035; 847-412-9898, Fax 847-4120101; Email: sbaer@metrocre.com; Web site: www.metrocre.com. Springfield – Southwest Plaza, located at the intersection of Veterans Parkway and Wabash Avenue, has two spaces available. Cotenants include Ross Dress for Less, Michaels, Best Buy, Bed Bath & Beyond, PetSmart, Gordmans, Barnes & Noble, Sports Authority, Office Depot, DSW and Old Navy. Area demographics include a population of 94,138 within five miles earning $64,796 as the average household income. For more information, contact Eddie Cherry, The Staenberg Group, 2127 Innerbelt Business Center Drive, Suite 310, St. Louis, MO 63114; 314-513-1436; Email: echerry@tsgproperties.com; Web site: www.tsgproperties.com. Willowbrook – Willowbrook Town Center, a 189,104 sq.ft. center located at the intersection of State Route 83 and Plainfield Road, has a space of 2,539 sq.ft. available. Cotenants include Sports Authority, Michaels, Bed Bath & Beyond, Staples, Chipotle, T-Mobile, Sport Clips, Meatheads, Chick-Fil-A, GNC and Starbucks. Area demographics include a population of 92,000 within three miles earning $95,724 as the average household income.
Michigan Taylor – An 8,400 sq.ft. freestanding building, situated on 1.03 acres, is available along Ecorse Road. Area retailers include Dunham’s Sports, Kroger, Walmart, Walgreens, Dollar General, Rent-A-Center and 7-Eleven. Area demographics include a population of 271,771 within five miles earning $42,449 as the average household income. The asking rent is $9.95 psf NNN. For more information, contact Steven Sandelman or Len Weiselberg, Kin Properties, 185 Spanish River Boulevard, Boca Raton, FL 33431; 888-546-7767 Ext. 104/112; Email: ssandelman@kinproperties.com; Web site: www.kinproperties.com.
Missouri Shrewsbury – Kenrick Plaza, located at the intersection of Watson Road and Trianon Parkway, has spaces of 7,500 sq.ft., 16,000 sq.ft. and 19,600 sq.ft. available. Cotenants include Walmart. Area demographics include a population of 344,859 within five miles earning $55,874 as the median household income. The average daily traffic count is 22,000 vehicles along Watson Road. For more information, contact Gary Grewe, G.J. Grewe, Inc., 9109 Watson Road, 4th Floor, St. Louis, MO 63126; 314962-6300; Email: gary@gjgrewe.com; Web site: www.gjgrewe.com.
Minnesota St. Paul – Midway Shopping Center, a 293,732 sq.ft. community power center located at the intersection of University Avenue West and Snelling Avenue North, has spaces from 1,140 sq.ft. to 14,000 sq.ft. available. Cotenants include Rainbow Natural Foods, Walgreens, Walgreens, Office Max, Foot Locker, Pearle Vision, Family Dollar, Payless Shoe Source, GNC, Great Clips and Game Stop. Area demographics include a population of 400,893 within five miles earning $64,587 as the average household income. The average daily traffic count is 40,330 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. Dealmakers Magazine | www.dealmakers.net
SPACE PLACE Minnesota
New York
New York
Stillwater – Stillwater Marketplace, a 306,920 sq.ft. center located at the intersection of Highway 36 and Highway 5, has spaces of 9,800 sq.ft. and 23,500 sq.ft. available. Cotenants include Target, Cub Foods, Petco, Dollar Tree, Cost Cutters, Sally Beauty Supply, Radio Shack, Great Clips, Famous Footwear, rue 21 and Caribou Coffee. Area demographics include a population of 42,258 within five miles earning $100,807 as the average household income. 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.
Hempstead Turnpike, has a space of 2,400 sq.ft. available. Cotenants include Home Depot, Marshalls, Office Max, GNC, Applebee’s and Checkers. Area demographics include a population of 881,801 within five miles earning $96,809 as the average household income. The average daily traffic count is 34,639 vehicles along Hempstead Turnpike. For more information regarding Home Depot Shopping Center, contact Randall Briskin, The Feil Organization, 7 Penn Plaza, New York, NY 10001; 212-563-
6557 Ext. 218, Fax 212-563-6657; Email: rbriskin@feilorg.com; Web site: www.feilorg.com. Rochester – Westmar Plaza, a 162,150 sq.ft. center located at the intersection of Buffalo Road and Pixley Road, has spaces of 448 sq.ft., 2,750 sq.ft., 7,540 sq.ft. and 10,243 sq.ft. available, along with a 15,000 sq.ft. anchor space. Cotenants include Big Lots, Goodyear, M&T Bank, Advantage Credit Union, Yanni’s, Classy Chassis Car Wash, (continued on page eighteen)
New Jersey Turnersville – A 95,991 sq.ft. center located at the intersection of Black Horse Pike and Green Tree Road, has a space of 3,525 sq.ft. available. Cotenants include The Dump and Boston Market. Area demographics include a population of 176,888 within five miles earning $85,757 as the average household income. For more information, contact Vornado Realty Trust, 210 Route 4 East, Paramus, NJ 07652; 201-587-1000, Fax 201-708-6206; Web site: www.vno.com.
New York Brooklyn – A 5,000 sq.ft. street level retail space, with a 4,000 sq.ft. basement, is available along 86th Street. Area retailers include Walgreens and Outback Steakhouse. For more information, contact Tony Safonte, Property Services Associates, 718-837-6000, Fax 718-837-2873; Email: asafonte@aol.com. Brooklyn – A 1,050 sq.ft. street level retail space is available at the intersection of 7th Avenue and 3rd Street. Area retailers include Verizon Wireless, AT&T, Cheeburger Cheeburger, Met Food Markets, Cocoa Bar, Pino’s La Forchetta and Sweet Melissa Patisserie. Area demographics include a population of 40,261 within one half mile earning $110,634 as the median household income. For more information, contact Scott Sher or Ray Harari, Sabre Real Estate Group, LLC, 500 Old Country Road, Garden City, NY 11530; 516-874-8070/718-484-2002; Email: scott@sabreny.com. Elmont – Home Depot Shopping Center, a 269,490 sq.ft. center located along Dealmakers Magazine | www.dealmakers.net
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SPACE PLACE New York (continued from page seventeen)
Burger King, Wendy’s and Bank of America. Area demographics include a population of 527,441 within ten miles earning $59,509 as the average household income. For more information, contact Donald Derman, The Brookhill Group, 501 Madison Avenue, New York, NY 10022; 212-753-3123, Fax 212-371-9515; Email: dderman@brookhillre.com. Webster – Towne Center at Webster, an 800,000 sq.ft. center located at the intersection of Holt Road and IrondequoitWayne County Expressway, has spaces from 2,000 sq.ft. to 15,000 sq.ft. available. Cotenants include Kohl’s, Target, Bed Bath & Beyond, Barnes & Noble, Old Navy, Dick’s Sporting Goods, T.J. Maxx, Ulta, PetSmart, Jo-Ann Fabrics and Dress Barn. Area demographics include a population of 70,197 within five miles earning $85,211 as the average household income. For more information, contact Marco Muoio or David Schroth, Ferrara Jerum International, LLC, 339 East Avenue, Suite 4320, Rochester, NY 14604; 585-362-
New York
South Carolina
8704/8708, Fax 585-454-6439; Email: mmuoio@ferrarajerum.com; Web site: www.ferrarajerum.com.
Road, has spaces from 3,587 sq.ft. to 43,426 sq.ft. available. Area demographics include a population of 112,339 within five miles earning $50,657 as the average household income. The average daily traffic count is 19,000 vehicles. For more information, contact Malon D. Mimms Co., 85-A Mill Street, Suite 100, Roswell, GA 30075; 866-616-4667; Web site: www.mimms.org.
North Carolina Durham – North Duke Crossing Shopping Center, located at the intersection of Duke Street, Horton Road and Roxboro Street, has spaces from 595 sq.ft. to 12,466 sq.ft. available. Cotenants include Rose’s, Staples, Rent-A-Center, JacksonHewitt, Great Clips, Citi Trends, Papa John’s, Cricket Wireless and Jersey Mike’s Subs. Area demographics include a population of 123,636 within five miles earning $58,887 as the average household income. For more information, contact Kris Niebergall, Glenwood, 9525 Birkdale Crossing Drive, Suite 200, Huntersville, NC 28078; 704-897-1400, Fax 704-897-1421; Web site: www.glenwoodco.com.
South Carolina Columbia – Bush River Shopping Center, a 65,000 sq.ft. center located along Bush River
Washington, DC Retail spaces from 1,373 sq.ft. to 8,455 sq.ft. are available at the McPherson Building located at the intersection of 15th Street and Eye Street. Area retailers include Starbucks, Au Bon Pain, Ciroc Restaurant, Yogen Fruz, Bobby Van’s Steakhouse, Pret A Manger, Five Guys Famous Burgers & Fries, Capital One Bank and Jos. A. Bank. For more information, contact Bill Miller or Alex Walker, Miller Walker Retail Real Estate, 2715 M Street, Suite 200, Washington, DC 20007; 202-333-0339/0079; Email: bill@millerwalker.com; Web site: D www.millerwalker.com. M
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