Reporting The Nation’s Weekly News on Retailing & Retail Real Estate
Volume XXV No. VII
February 19, 2010
Home-Related Chains Expand Nationwide W.S. Badcock Corp. trades as Badcock Home Furniture & More at 300 locations throughout AL, FL, GA, MS, NC, SC, TN and VA. The stores, offering furniture, bedding, appliances, electronics, accessories and floor coverings, occupy spaces of 15,000 sq.ft. to 30,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 10 years. A vanilla shell and specific improvements are required. Preferred cotenants include Home Depot and Walmart. Competitors include Rooms To Go. Preferred demographics include a population of 15,000 within two miles earning $35,000 to $75,000 as the average household income. A land area of two to three acres is required. For more information, contact Derrick Taylor, W.S. Badcock Corp., PO Box 497, Mulberry, FL 33860; 863-425-7508, Fax 863-425-7600. Gibson-McDonald Furniture Stores, Inc. trades as Gibson-McDonald Furniture at 12 locations throughout northern FL and southern GA. The home furnishing stores occupy spaces of 12,500 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. The company is being site-selective. For more information, contact Clay Gibson, Gibson-McDonald Furniture Stores, Inc., PO Box 1848, Waycross, GA 31502-1848; 912490-1001 Ext. 208, Fax 912-490-1003; Web site: www.gibsonmcdonald.com.
Gothic Cabinet Craft operates 34 locations throughout NJ and NY. The home improvement and home furnishings stores occupy spaces of 2,500 sq.ft. to 25,000 sq.ft. in endcaps and inline spaces of shopping centers. Growth opportunities are sought throughout Bronx, Brooklyn, Long Island, Queens and Westchester, NY during the coming 18 months, with representation by Sholom & Zuckerbrot Realty, LLC. The company will consider acquiring sites. For more information, contact Marc Durst, Sholom & Zuckerbrot Realty, LLC, Kaufman Astoria Studios, 35-11 35th Avenue, Long Island City, NY 11106; 718-392-5959 Ext. 122, Fax 718-937-6546; Email: mdurst@s-z.com; Web site: www.s-z.com. Anna’s Linens operates 258 locations throughout AL, AZ, CA, FL, GA, IL, LA, MD, MS, NC, NJ, NM, NV, PA, TX, VA and WI. The stores, offering bedding, bath, window, kitchen and home décor items, occupy spaces of 7,000 sq.ft. to 10,000 sq.ft. in power and strip centers. Growth opportunities are sought throughout Chicago, IL during the coming 18 months, with representation by Edgemark Commercial Real Estate Services, LLC. For more information, contact Alvin Rodenbostel, Edgemark Commercial Real Estate Services, LLC, 2215 York Road, Suite 503, Oakbrook, IL 60523; 630-472-1010, Fax 630-4721019; Email: arodenbostel@edgemarkllc.com; Web site: www.annaslinens.com. (continued on page fifteen)
This issue contains information on:
* Retailers operating 16,795 locations with plans to open 1,695 sites * Real estate valued in excess of $19.9 million to be bought, sold & financed * Leasing activity on over 6.59 million sq.ft. of retail properties
Important News Please Expedite
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Featuring Mid-Atlantic Idea Exchange New Construction The Peterson Cos. is preleasing a lifestyle center located in Prince William County, VA.... Pg. 3 Openings Jason’s Deli looks for sites throughout St. Louis, MO...... Pg. 6 Bed Bath & Beyond will open a store in a former Linens ‘N Things in Union Gap, WA..... Pg. 10 Buyers & Sellers WindStar Properties sold a parcel in Mansfield, TX to Panda Express........................ Pg. 8 Diversified Commercial is selling a retail building located in Schererville, IN..... Pg. 8 Food Retailers Expand Flamer’s Burgers & Chicken plans to open units in the East, Midwest and South................ Pg. 9 Vocelli Pizza looks for sites throughout FL, MD, NC, OH, PA, VA and WV..................... Pg. 9 In The News The Cafaro Co. promoted William A. Cafaro and Anthony Cafaro Jr.................. Pg. 15 Lead Sheet Dash In Food Stores plans to expand throughout DE, MD and VA.................................. Pg. 11 AMC looks for sites nationwide Pg. 11 Wash & Tan plans to enter the AL, GA, NC and SC markets.... Pg. 12 Space Place........................... Pg. 16
For more news go to: www.dealmakers.net
LOUISIANA
Positioned For Continued Growth. Cortana Mall & Cortana Square Baton Rouge, LA Cortana Mall: Up to 90,000 SF Available Cortana Square: 23,500; 36,416 SF Anchor Space Available • 1,600,000 SF Cortana Mall and 360,000 SF Cortana Square are located at the intersection of Airline Highway and Florida Boulevard • Cortana Mall is the largest mall in Louisiana and features over 140 shops, restaurants and services including Dillards, JCPenney, Sears, and Macy’s • Cortana Square features Walmart, Lowe’s, Old Navy, Bed Bath & Beyond, and Office Depot
LOUISIANA
Siegen Lane Marketplace & Sicily’s Plaza Baton Rouge, LA Siegen Lane Marketplace: 100% Leased – Development Opportunities Available Sicily’s Plaza: 1,695 to 4,054 SF; .8-Acre and 1.33-Acre Outparcels Available • 1,027,500 SF Siegen Lane Marketplace and 27,500 SF Sicily’s Plaza are strategically located at the intersection of I-10 and Siegen Lane • Siegen Lane Marketplace features top retailers and restaurants including Walmart, Kohl’s, Chili’s, Lowe’s, Sam’s Club, Old Navy, T.J. Maxx, Joe’s Crab Shack, and Bed Bath & Beyond, as well as two hotels and a 214-unit townhouse development • Sicily’s Plaza features Sicily’s Italian Buffet, GameStop, Wells Fargo, and HoneyBaked Ham
VIRGINIA
Mercury Plaza Hampton, VA (Hampton Roads MSA) 10,000 - 21,000 SF; 1.1-Acre and 1.7 Acre Outparcels Available • 350,000 SF center currently under redevelopment opposite Bass Pro Shops • Located at the intersection of West Mercury Boulevard (Route 258) and Power Plant Parkway (Route 415), just off the heavily traveled I-64, which boasts 140,000 vehicles per day • Hampton Roads is the largest Metropolitan Statistical Area between Washington DC and Atlanta • Join Burlington Coat Factory, Cracker Barrel, Wachovia Bank, Chick-Fil-A, and Texas Steakhouse
GEORGIA
Akers Mill Square Atlanta, GA 3,300 SF; 4,000 SF; 35,700 SF Available – Development Opportunities Available • 400,000 SF center currently under redevelopment • Located at the intersection of Cobb Parkway (US 41), Akers Mill Road and Riverwood Parkway • Just off I-285 and I-75 with a combined traffic count of 765,000 vehicle per day • Adjacent to Cumberland Mall, Cobb Galleria Convention Center and Performing Arts Center • Join Sports Authority, Bed Bath & Beyond, Office Max, LA Fitness, Toys ‘R’ Us, and Party City
Contact us for exciting retail opportunities in all our locations: GEORGIA Atlanta LOUISIANA Baton Rouge MONTANA Glendive NEW JERSEY Paramus NEW YORK Babylon • Bronx • Colonie • Manhasset • Manhattan PENNSYLVANIA Radnor VIRGINIA Hampton
654 Madison Avenue, New York, NY 10065 T 212 935 1330 • F 212 832 5369 • www.mallproperties.com
New Construction Crossroads Cos. is preleasing Crossroads at Stony Point, a 93,000 sq.ft. center located along Route 9W in Rockland County, NY. ShopRite anchors the center. Area demographics include a population of 46,396 within a three-mile radius earning an average household income of $80,570. The center is slated to open during the middle or latter part of this year. For more information, contact Ken Fioretti, Crossroads Cos., 20 Ridge Road, Suite 210, Mahwah, NJ 07430; 201-252-2890 Ext. 204; Email: crosscomm@optonline.net; Web site: www.crossroads-companies.com.
President/Publisher.............................. Ann O'Neal ann@dealmakers.net Vice President .................................. Alyson Parker alyson@dealmakers.net Art Director................................. Anthony Pingicer anthony@dealmakers.net Editor.................................................. Erin Dunkley erin@dealmakers.net Editor............................................ Nicholas Hamner nicks@dealmakers.net Editor............................................... Adam Taliercio adamt@dealmakers.net Director of Circulation..................... Jane Winterle jane@dealmakers.net Advertising Coordinator............ Stephani Hamner stephani@dealmakers.net Founder..................................................... Ted Kraus 1979–2007
The Dealmakers TM (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 $294 per year U.S., foreign $319 by TKO Real Estate Advisory Group Inc. PO Box 2630 Mercerville, NJ 08690-0630. 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 Dealmakers TM 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 086900630 or 100 Youngs Road, Mercerville, NJ 08619. Periodical postage paid at Trenton, NJ and at additional mailing offices. Affiliated with Tenant Search, E.S.P., Properties by Fax Copyright 2010 by TKO Real Estate Advisory Group Inc. 609-587-6200, fax 609-587-3511.
Commercial Retail Associates is developing an 85,000 sq.ft. project situated on 10 acres along Horseblock Road in Medford, NY. Area retail includes Sam’s Club and Target. Area demographics include a population of 561,722 within a 10-mile radius earning an average household income of $79,522. For more information, contact Mike Raifaisen, Commercial Retail Associates, 525 Northern Boulevard, Suite 310, Great Neck, NY 11021; 516-498-1010 Est. 221, Fax 516498-1088; Email: mr@comretail.com; Web site: www.comretail.com. Philips International is preleasing a 20,000 sq.ft. mixed-use center located along South Main Street in Freeport Marina, NY. Area demographics include a population of 366,920 within a five-mile radius earning an average household income of $117,473. For more information, contact Andrew Aberham or Mark Dunbrack, Philips International, 295 Madison Avenue, New York, NY 10017; 212-951-3833/3828, Fax 212-545-1355; Emails: aaberham@pihc.com and mdunbrack@pihc.com. Metro Commercial & Business Brokers, Inc. is preleasing a 17,000 sq.ft. retail center situated on a land area of 37,000 sq.ft. along East Merrick Road in Lynbrook, NY. Spaces from 1,000 sq.ft. to 8,000 sq.ft. are available. For more information, contact John R. Wilmarth, Metro Commercial & Business Brokers, Inc., 125 Michael Drive, Suite 102, Syosset, NY 11791-5311; 516640-5440, Fax 516-640-5472; Email: metrocb@optonline.net. JBG Rosenfeld Retail is preleasing Del Ray Central, a four-story mixed-use center located at the intersection of Mount Vernon Avenue and Commonwealth Avenue in Alexandria, VA. The project includes a 141-unit multifamily component and a 3,000 sq.ft. retail component. Area retail includes Barnes & Noble, Target, PetSmart, Regal Cinemas, Best Buy, Shoppers, Staples, T.J. Maxx, IHOP, Don Pablo’s, Thai Peppers, Mancini’s Café & Bakery, St. Elmo’s Coffee Pub and Los Tios Grill. Area demographics include a population of 431,698 within a five-mile radius earning an average household income of $65,831. The average daily traffic count is 36,100 vehicles. The project is slated to open during the spring. For more information, contact John Mitchell, JBG Rosenfeld Retail, 4445 Willard Avenue, Suite 700, Chevy Chase, MD 20815; 301-657-7336, Fax 301-6579850; Email: jmitchell@jbgr.com; Web site: www.jbgr.com. www.dealmakers.net
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Garden Commercial Properties is preleasing phase two of Linpark Square, a 300,000 sq.ft. center located at the intersection of U.S. Route 1 & 9 and Park Avenue in Linden, NJ. Sam’s Club and Kohl’s anchor the center. Cotenants include T.G.I. Friday’s. Shop spaces are available. Area demographics include a population of 476,012 within a five-mile radius earning an average household income of $66,236. The second phase is slated to open later this year. The company is also preleasing the second phase of Vineyard Square, a 183,000 sq.ft. retail center located at the intersection of State Route 27 and Vineyard Road in Edison, NJ. Walmart anchors the center and Costco shadow-anchors the center. Shop spaces and pad sites are available. Area demographics include a population of 278,570 within a five-mile radius earning an average household income of $89,034. The second phase is slated to open later this year. The company is also developing a 145,000 sq.ft. retail project located at the intersection of Butcher Road and State Route 33 in Monroe Township, NJ. Area demographics include a population of 102,835 within a seven-mile radius earning an average household income of $94,409. For more information, contact Michael Gartenberg, Garden Commercial Properties, 820 Morris Turnpike, Short Hills, NJ 07078; 973-467-5000 Ext. 200; Email: retail@gardenhomes.com; Web site: www.gardencommercial.com. The Peterson Cos. is preleasing Market Square, a 469,700 sq.ft. lifestyle center located within Virginia Gateway, a mixeduse development located at the intersection of Linton Hall Road and Wellington Road in Prince William County, VA. The center features retail, restaurant, entertainment and office components. Anchor, junior anchor and shop spaces are available. Area retail includes Lowe’s Home Improvement, HomeGoods, SuperTarget, DSW, Best Buy, PetSmart, Cost Plus World Market and Giant. Trade-area demographics include a population of 119,843 earning an average household income of $111,668. The average daily traffic count is 34,570 vehicles. For more information regarding anchor space leasing, contact Paul Weinschenk, The Peterson Cos., 12500 Fair Lakes Circle, Suite 400, Fairfax, VA 22033; 703631-7585, Fax 703-631-6481; Email: pweinschenk@petersoncos.com; Web site: www.petersoncos.com. For more information regarding shop and restaurant space leasing, contact Stephanie Cramer; 703-633-2681; Email: scramer@petersoncos.com. DM February 19, 2010
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Who’s Opening and Where Disney Store, Inc. (800-328-0368) plans to open a Disney Store in a former Virgin Records site located along Broadway in the Times Square area of Manhattan, NY during the fall. The store will feature an interactive princess castle and a children’s theater. The company plans to renovate 300 existing stores to the new concept, which also features interactive displays, nationwide and throughout Europe during the next five years. Nordstrom, Inc. (206-628-2111) will open a three-level, 150,000 sq.ft. Nordstrom department store at South Shore Plaza, located in Braintree, MA, during March. The store will anchor a new wing being constructed at the mall in a former four-level Macy’s site. A 150,000 sq.ft. Target will also open at the mall during October. Wal-Mart Stores, Inc. (479-273-4000) will open a 155,000 sq.ft. Walmart Supercenter situated on 28 acres along U.S. Route 13 in Onley, VA during the summer. The company currently operates 105 stores in VA, including 71 Supercenter locations, 18 Walmart stores, one Walmart Neighborhood Market and 16 Sam’s Club stores.
Deli Management, Inc. (409-838-1976), through franchisee Deli Vision, LLC, will open a Jason’s Deli restaurant along Chesterfield Airport Road in St. Louis, MO later this month. The franchisee plans to open three additional stores throughout the St. Louis area during the next four years. Sprouts Farmers Market, LLC (480-8148016) plans to open a Sprouts Farmers Market at the intersection of U.S. Highway 183/Research Boulevard and Anderson Mill Road in Austin, TX in the next several years. The company opened a natural foods supermarket at Great Hills Station in Austin during January, and the Anderson Mill Road location will be the company’s fifth in the area. The company currently operates 43 stores, typically occupying spaces of 23,000 sq.ft. to 27,000 sq.ft., throughout AZ, CA, CO and TX. Dunkin’ Brands, Inc. (781-737-3000), through a franchisee, will open a Dunkin’ Donuts store located along South Kirkwood Road in St. Louis, MO later this month. Additional franchisees look to open stores along Manchester Road in St. Louis and in northern St. Louis County.
Aldi, Inc. (630-879-8100) will open an Aldi discount private-label supermarket in the Chesterfield area of St. Louis, MO during October. The company currently operates 33 units throughout the St. Louis, MO metropolitan area. Mitchell Brothers Ice Cream, Inc. (440250-0952) plans to open two Mitchell’s Homemade Ice Cream parlors throughout northeastern OH before the end of the year. The ice cream parlors offers ice cream in multiple flavors, including seasonal flavors throughout the year. The company currently operates four stores in Beachwood, Rocky River, Solon and Westlake, OH. Dean & Deluca (316-821-3200) has cancelled its plans to open a store at Fashion Island, located in Newport Beach, CA. The company had originally planned to open a 23,000 sq.ft. two-level store in the style of a Soho food hall, offering prepared foods, fresh produce, artisan cheeses, specialty meats, fresh seafood, espresso and pastries, during 2009 before delaying those plans and then ultimately cancelling them. The company currently operates 14 stores nationwide. (continued on page ten)
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Buyers and Sellers Denenberg Realty Advisors is selling Feeding Hills Crossing, a 5,500 sq.ft. retail center located along South Westfield Street in Agawam, MA. Westfield Bank anchors the center and tenants include Brubruger’s Restaurant. Westfield Bank is bound to a 10year NNN lease featuring options totaling 20 years and Bruburger’s Restaurant is bound to a 20-year NNN lease. The asking price is $2.359 million with a Cap rate of 8%. The company is also selling a 2,915 sq.ft. Arby’s situated on a land area of 36,367 sq.ft. along Central Expressway in North Allen, TX. The tenant is bound to a NNN lease set to expire during September 2018 featuring two, fiveyear options. Area demographics include a population of 217,590 within a five-mile radius earning a median household income of $82,082. The average daily traffic count is 75,000 vehicles. The asking price is $1.747 million with a Cap rate of 8%. For more information, contact Denenberg Realty Advisors, 230 Commercial Street, Boston, MA 02109; 617-720-5656, Fax 617720-5676; Web site: www.denenbergra.com. CB Richard Ellis is selling a 12.19-acre parcel located along Beltway 8 in Houston, TX. The property is adjacent to Walmart. Area retail includes Room Store, Bel Furniture, Home Depot, Great Indoors and Sam’s Club. Area demographics include a population of 113,299 within a three-mile radius earning a median household income of $53,921. The average daily traffic count is 192,000 vehicles. The asking price is $3.98 million. For more information, contact Brendan Lynch or Jeff Pittman, CB Richard Ellis, 2800 Post Oak Boulevard, Suite 2300, Houston, TX 77056; 713-577-1662/1650; Emails: brendan.lynch@cbre.com and jeff.pittman@cbre.com; Web site: www.cbre.com/lsg. WindStar Properties negotiated the sale of a 30,000 sq.ft. pad site located at the intersection of Debbie Lane and Matlock Road in Mansfield, TX. Panda Express acquired the site from Mansfield Matlock Investors I, Ltd. and plans to construct a 2,448 sq.ft. Panda Express restaurant on the site. The company represented the landlord and United Commercial Realty represented the tenant in the transaction. For more information, contact Patrick Blaydes, Windstar Properties, 511 East John Carpenter Freeway, Irving, TX 75062; 214-526-2700; Email: patrickblaydes@windstarproperties.net. Calkain Cos., Inc. is selling a 6,256 sq.ft. Verizon Wireless location situated on 1.33 acres at the intersection of Providence Road page 8
February 19, 2010
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and Causeway Boulevard in Tampa, FL. The tenant is bound to a 10-year NN lease set to expire during January 2020 featuring two, five-year options and 10% rent escalations every five years. The NOI is $303,416. The asking price is $3.792 million with a Cap rate of 8%. The company is also selling a Checkers Drive-In site located in St. Petersburg, FL. The tenant is bound to a NNN ground lease with 10 years remaining on the original lease term featuring three, five-year options. The NOI is $79,200. The asking price is $1.173 million with a Cap rate of 6.75%. The company is also selling a Foot Locker site located in Ft. Lauderdale, FL. The tenant is bound to a NNN lease with five years remaining on the original lease term featuring one, five-year option and 10% rent escalations every five years. The NOI is $70,400. The asking price is $1.083 million with a Cap rate of 6.5%. The company is also selling a Tire Kingdomand Hardee’s-tenanted center located in Kissimmee, FL. The tenants are bound to NNN leases with 13 years remaining on the original lease term featuring three, five-year options and 10% rent escalations every five years. The NOI is $169,219. The asking price is $2.707 million with a Cap rate of 6.25%. For more information, contact Guenter Manczur, Calkain Cos., Inc., 4600 West Cypress Street, Suite 110, Tampa, FL 33607; 813-282-6000; Email: gmanczur@calkain.com; Web site: www.calkain.com. Quine & Associates, Inc is selling seven pad sites, ranging in size from 0.975 acres to 5.99 acres, located at the intersection of Highway 377 and Wall Price Road in Keller, TX. The company is also selling a 12.718-acre parcel located at the intersection of Golden Triangle Boulevard and Old Denton Road in Ft. Worth, TX. The company is also selling a 4.953-acre parcel located along State Highway 5/Avenue K/South Greenville Avenue in Plano, TX. The company is also selling a 14,220 sq.ft. pad site located at the intersection of Belt Line Road and Kearney Street in Mesquite, TX. Area retail includes O’Reilly Auto Parts, CVS, Ace Cash Express and Long John Silver’s. The company is also selling two pad sites of 1.346 acres and 1.551 acres at the intersection of Trinity Boulevard and Lower Precinct Line Road in Ft. Worth, TX. For more information regarding the Mesquite property, contact Bill Carpenter, Quine & Associates, Inc., 301 South Sherman Street, Suite 100, Richardson, TX 75081; 972-669-8440, Fax 972-783-8901; Email: bcarpenter@quine.com; Web site: www.quine.com. For additional information on the remaining properties, contact Coy Quine; Email: cquine@quine.com.
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Diversified Commercial is selling a 43,000 sq.ft. retail building situated on 12 acres along Indianapolis Boulevard in Schererville, IN. Area retail includes Buffalo Wild Wings. For more information, contact Michael J. Larson, Diversified Commercial, 8037 Euclid Avenue, Munster, IN 46321; 219836-4740, Fax 219-836-4911; Email: mike@divcommercial.com. Longview Economic Development Corp. is selling a 1,433 sq.ft. Shake’s Frozen Custard site located along North Fourth Street in Longview, TX. Area retail includes Sam’s Club, Walmart Supercenter, Lowe’s Home Improvement, Outback Steakhouse, Whataburger, Taco Bueno, Wendy’s, Chickfil-A, Tractor Supply Co. and Anytime Fitness. The average daily traffic count is 19,000 vehicles. The asking price is $600,000. The company is also selling a 3,275 sq.ft. restaurant building situated on 1.1 acres along Judson Road in Longview, TX. The asking price is $1.1 million. The company is also selling a 3,000 sq.ft. restaurant site located along North Access Road in Longview, TX. The average daily traffic count is 21,000 vehicles. The asking price is $350,000. The company is also selling an 8,812 sq.ft. former restaurant situated on 1.95 acres along Northwest Loop 281 in Longview, TX. The average daily traffic count is 20,000 vehicles. The asking price is $999,900. For more information, contact Longview Economic Development Corp., 410 North Center Street, Longview, TX 75601; 800-9522613; Web site: www.longviewusa.com. Signature Associates negotiated the sale of an 8,752 sq.ft. retail building located along Rochester Road in Troy, MI. The company represented the buyer, St. Andrews Society of Detroit, in the transaction. For more information, contact Joe Banyai or Grant Bruce, Signature Associates, One Towne Square, Suite 1200, Southfield, MI 48076; 248-948-0108/4188; Emails: jbanyai@signatureassociates.com and gbruce@signatureassociates.com. DM
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Food Retailers Expand Nationwide Rocky Mountain Chocolate Factory, Inc. trades as Rocky Mountain Chocolate Factory at 320 locations nationwide and internationally. The stores, offering chocolates, candy and gift baskets, occupy spaces of 600 sq.ft. to 1,000 sq.ft. in malls, along with entertainment, mixed-use, outlet, specialty and tourist centers. Growth opportunities are sought nationwide during the coming 18 months. Typical leases run five years. A vanilla shell and specific improvements are required. Major competitors include Godiva. The company is franchising. For more information, contact Dave Richie or Kraig Carlson, Rocky Mountain Chocolate Factory, Inc., 265 Turner Drive, Durango, CO 81303; 970-259-0554, Fax 970-259-5895. Vocelli Pizza operates 119 locations throughout FL, MD, NC, OH, PA, VA, WV and Washington, DC. The pizzerias occupy spaces of 1,200 sq.ft. in strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run five years with three, fiveyear options. Preferred cotenants include Blockbuster Video, Subway, dry cleaners and grocery stores. Major competitors include Domino’s Pizza and Papa John’s. For more information, contact Mark Oldaker, Vocelli Pizza, 1005 South Bee Street, Pittsburgh, PA 15220; 412919-2100, Fax 412-937-9204; Email: moldaker@vocellipizza.com; Web site: www.vocellipizza.com. Friendly Ice Cream Corp. trades as Friendly’s Restaurants at 500 locations throughout the northeastern region of the U.S. The family restaurants, offering breakfast, lunch and dinner items, as well as a variety of desserts and ice cream, occupy spaces of 2,100 sq.ft. in endcaps, power, strip and tourist centers. Growth opportunities are sought throughout the eastern region during the coming 18 months. For more information, contact Jim Sullivan, Friendly Ice Cream Corp., 1855 Boston Road, Wilbraham, MA 01095; 413543-2400, Fax 413-731-4455; Web site: www.friendlys.com. Mel’s Drive-In operates nine locations throughout CA. The diners, offering breakfast items, soups, salads, burgers and sandwiches, occupy spaces of 4,000 sq.ft. to 5,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout southern CA, in addition to the San Francisco, CA and Las Vegas, NV metropolitan areas, during the coming 18 months. For more information, contact Steven Weiss, Mel’s Drive-In, 8585 Sunset
Boulevard, Hollywood, CA 90069; 310413-9009, Fax 310-919-3065; Web site: www.melsdrive-in.com. Red Robin International trades as Red Robin Restaurants at 430 locations nationwide. The casual dining restaurants occupy spaces of 5,000 sq.ft. to 6,500 sq.ft. in freestanding locations, malls and lifestyle, power and specialty centers. Plans call for 45 openings throughout the existing market during the coming 18 months. Typical leases run 15 years. Preferred demographics include a population of 70,000 within five miles earning $70,000 as the average household income. A land area of 1.5 to two acres is required for freestanding locations. For more information, contact Todd Brighton, Red Robin International, 4613 Mira Del Sol Court, Castle Rock, CO 80104; 303-846-6033, Fax 303-846-6013; Email: tbrighton@redrobin.com; Web site: www.redrobin.com. Villa Enterprises Management Ltd., Inc. trades as Villa Pizza, Villa Fresh Italian Kitchen, Green Leaf’s, South Philly Steak & Fries and Bananas at 300 locations nationwide and internationally. The quick-service restaurants
occupy spaces of 300 sq.ft. to 2,000 sq.ft. in malls and mixed-use, outlet and specialty centers, as well as urban/downtown areas. Growth opportunities are sought nationwide during the coming 18 months. For more information, contact Adam Torine, Villa Enterprises Management Ltd., Inc., 25 Washington Street, Morristown, NJ 07960; 973-285-4800, Fax 973-285-5252; Email: atorine@villaenterprises.com; Web site: www.villaenterprises.com. Flamer’s Burgers & Chicken operates at 50 locations throughout the eastern, midstates and southern regions of the U.S. and in Mexico, Puerto Rico and the Philippines. The fast food restaurants occupy spaces of 600 sq.ft. to 1,200 sq.ft. in malls and mixed-use, outlet, power, specialty, tourist and value centers, as well as downtown areas. Growth opportunities are sought throughout the eastern, midstates and southern regions of the U.S. during the coming 18 months. For more information, contact Nick Knott, Flamer’s Burgers & Chicken, 326 Evansdale Road, Lake Mary, FL 32746; 407-574-8363, Fax 321-206-8947; Email: info@flamersgrill.com; Web site: D www.flamersgrill.com. M
Wakefern Food Corporation is the largest retailer-owned cooperative in the United States. We have two formats: ShopRite Supermarkets, a full service supermarket, (65,000-90,000 square feet) and PriceRite our limited assortment, low-priced oriented supermarket (35,000-45,000 square feet). We currently have 217 ShopRite and 44 PriceRite locations. We are aggressively seeking growth opportunities over the next 18 months, in all of our current market areas: Maryland, Delaware, Pennsylvania, New Jersey, New York, Connecticut, Rhode Island and Massachusetts, with specific growth targeted for the 5 Boroughs of New York, Long Island and Maryland. For more information please contact Tish Daly, Manager of Real Estate, Wakefern Food Corporation 33 Northfield Avenue, Edison, NJ 08818. 732-906-5371 www.dealmakers.net
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Who’s Opening and Where (continued from page six)
TJX Cos., Inc. (508-390-3000) will open a T.J. Maxx in a 32,000 sq.ft. former Circuit City site located at the intersection of Fourth Street and Arizona Avenue in Santa Monica, CA during May, the company’s first location in the Santa Monica area. The company currently operates 36 of the off-price stores, offering apparel, accessories and home goods, throughout Los Angeles County, CA and 891 units nationwide. The company also operates 822 Marshalls, 325 HomeGoods and 150 A.J. Wright stores nationwide, 208 Winners, 79 HomeSense and three StyleSense stores throughout Canada and 263 T.K. Maxx and 14 HomeSense stores throughout Europe.
Retail Op p o r t u n i t i e s
to make your Mark in Bowie Median Household Income over $94,532 Average Household Income over $109,161 Bowie is one of the largest cities in Maryland. Bowie is also an excellent location, easily accessed from Washington D.C., Annapolis and Baltimore. Bowie’s proximity to these major cities brings business and workforce into the area via Routes 3, 50 and 301. Bowie has more than 90 restaurants, 200 shops, and a dozen recreation opportunities. With this winning combination of location, access and amenities your business is certain to grow and succeed.
For space available details call: Bowie Marketplace Sam Pan, 301-657-7352
Free State Shopping Center Joe Byrnes, 301-998-8226
Bowie Plaza Brian Greene, 703-442-4300
Hilltop Plaza Bruce I. Levine, 410-486-0800 x116
Collington Plaza Marcus Bourn, 703-442-4500 x20 Andrew Rose, 703-442-4500 x26
Pointer Ridge Plaza Will Collins, 571-382-1225
For more information on ALL of Bowie’s Opportunities, contact:
John Henry King, Economic Development Director, City of Bowie, Maryland 2614 Kenhill Drive, Bowie, MD 20715 301.809.3042 | fax 301.809.2315 | jhking@cityofbowie.org page 10
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Bed Bath & Beyond, Inc. (516-507-3410) will open a 32,000 sq.ft. Bed Bath & Beyond store in a former Linens ‘N Things site at Valley Mall Plaza, located in Union Gap, WA, during the spring. The company currently operates 958 Bed Bath & Beyond units nationwide and also trades as Christmas Tree Shops at 57 locations, Harmon or Harmon Face Values at 42 sites and buybuy Baby at 26 stores. Five Guys Enterprises, LLC (703-751-6844), through franchisee Monument Restaurants, plans to open four Five Guys Famous Burgers and Fries restaurants throughout the St. Louis, MO area and southern IL this year. The company recently opened a restaurant along South Kirkwood Road in St. Louis, MO and is looking for sites in the Brentwood, O’Fallon, Richmond Heights, St. Charles and Wentzville areas. Through another franchisee, the company plans to open a 3,500 sq.ft. restaurant along South Salisbury Boulevard in Salisbury, MD during the spring. The company currently operates 400 restaurants, offering hamburgers and hot dogs, nationwide. Hannaford Bros. Co. (207-883-2911) plans to open a 56,800 sq.ft. Hannaford supermarket at Shops at Long Bank, a retail center located along Route 1 in Kennebunk, ME during the spring. The store will occupy a former Stop & Shop site which closed during October of last year after less than two years in operation. The company, a subsidiary of Delhaize Group, currently operates 171 supermarkets throughout MA, ME, NH, NY and VT. Ulta Salon, Cosmetics & Fragrance, Inc. (630-410-4800) will open an Ulta cosmetics store at Valley Mall Plaza, located in Union Gap, WA, during the spring. The company currently operates 348 stores, offering cosmetics and beauty supplies and featuring a full-service salon, throughout 38 states nationwide. DM
Lead Sheet The Wills Group dba Dash In Food Stores Larry Derrow 6355 Crain Highway La Plata, MD 20646 301-934-2200 Web site: www.dashinfoodstores.com
Convenience The 34-unit chain operates locations throughout DE, MD and VA. The convenience stores, with gasoline facilities, occupy spaces of 2,100 sq.ft. to 4,000 sq.ft. in freestanding locations and power and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 20 years. A land area of one acre is required for freestanding locations. The company will also consider locations in existing service stations.
Marc Glassman, Inc. dba Marc’s and Xpect Discounts Ken Sustin 5841 West 130th Street Parma, OH 44130 216-265-7700, Fax 216-265-7733 Web site: www.marcs.com
Drug/Variety Store The 50-unit chain operates locations throughout CT and OH. The stores, offering brand name merchandise including food, health, beauty and general merchandise items, occupy spaces of 45,000 sq.ft. in strip centers. Growth opportunities are sought throughout OH during the coming 18 months. Typical leases run 10 years with options.
AMC Entertainment, Inc. dba AMC Christina Sternberg 920 Main Street Kansas City, MO 64105 816-221-4000, Fax 816-480-4614 Web site: www.amctheatres.com
Entertainment The 359-unit chain operates locations nationwide and internationally. The movie theaters occupy spaces of 55,000 sq.ft. to 80,000 sq.ft. in malls and entertainment, lifestyle and power centers, in addition to urban/downtown areas. Growth opportunities are sought nationwide during the coming 18 months.
Cobb Theatres Jeremy Welman 2000-B Southbridge Parkway, Suite 100 Birmingham, AL 35209 205-802-1110 Ext. 112 Email: jwelman@cobbtheatres.com
Entertainment The 14-unit chain operates locations throughout AL and the Lakeland, Miami-Dade and Winter Haven areas of FL. The movie theaters occupy spaces of 25,000 sq.ft. to 85,000 sq.ft. in entertainment, lifestyle and mixed-use centers. Plans call for two to four openings throughout the southeastern region of the U.S. during the coming 18 months. Preferred demographics include a population of 100,000 within three to five miles earning $75,000 as the average household income.
Funny Bone Comedy Club Jim Samuels c/o NAI Daus 23240 Chagrin Boulevard, Suite 250 Cleveland, OH 44122 216-780-8000, Fax 216-755-1300 Email: jasamuels@naidaus.com
Entertainment The 16-unit chain operates locations throughout FL, IA, IL, IN, KY, MO, NE, OH, VA and WV. The comedy clubs occupy spaces of 6,000 sq.ft. to 12,000 sq.ft. in malls and entertainment and lifestyle centers. Growth opportunities are sought nationwide during the coming 18 months, with representation by NAI Daus. Typical leases run 10 years. Preferred cotenants include major upscale restaurants and movie theaters.
Games Workshop Jason Gordon or LeeAnn Rosenblum c/o Epsteen & Associates 1429 4th Street Santa Monica, CA 90401 310-451-8171 Ext. 222, Fax 310-395-6361 Emails: jgordon@epsteen.com and lrosenblum@epsteen.com
Entertainment The 395-unit chain operates locations nationwide and internationally. The stores, featuring tabletop fantasy and futuristic battle games, occupy spaces of 900 sq.ft. to 1,500 sq.ft. in community and neighborhood shopping centers. Growth opportunities are sought throughout southern CA during the coming 18 months, with representation by Epsteen & Associates.
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Lead Sheet Sunrise Cinemas Arnold Sevell c/o Sevell Realty Partners, Inc. 2295 Corporate Boulevard Northwest, Suite 131 Boca Raton, FL 33431 561-995-0100 Ext. 229, Fax 561-241-4700 Email: arnoldsevell@sevellrealty.com Web site: www.sevellrealty.com
Entertainment The movie theaters operate seven locations in central and southern FL. Growth opportunities are sought throughout the existing markets during the coming 18 months. The company prefers second generation theater spaces or build-to-suits.
Monkey Joe’s Harold Shumacher c/o The Shumacher Group 3188 Saybrook Drive Atlanta, GA 30319 404-240-0040, Fax 404-266-9271 Email: harold@shumacher.com Web site: www.shumacher.com
Fitness The 45-unit chain operates locations throughout FL, GA, IA, IL, IN, KY, MA, MI, NC, PA, SC, TN and TX. The centers, featuring an indoor inflatable gym for children, occupy spaces of 12,000 sq.ft. to 15,000 sq.ft. in strip centers. Plans call for one to three openings throughout the Atlanta, GA metropolitan area during the coming 18 months, with representation by The Shumacher Group. Typical leases run 10 years with a seven-year kickout. A vanilla shell and specific improvements are required. Preferred cotenants include grocery and discount stores. Preferred demographics include a population of 25,000 children under the age of nine within 10 miles in households earning $50,000 as the average income. Major competitors include Pump It Up. The company is franchising.
Color, Inc. dba Making History Al Shameklis 47 October Hill Road Holliston, MA 01746 508-474-2900 Ext. 2987, Fax 508-474-2800 Email: al@thecolorstores.com Web site: www.thecolorstores.com
Gifts The 10-unit chain operates locations throughout CA, IL, LA, MD, MO, PA and TX. The gift shops occupy spaces of 600 sq.ft. to 2,400 sq.ft. in entertainment, specialty and tourist centers and urban/downtown areas. Growth opportunities are sought nationwide during the coming 18 months. Typical leases run five years with a five-year option. A vanilla shell and specific improvements are required.
Jensen Jewelers of Idaho, LLC dba Jensen Jewelers Tony Prater 130 Second Avenue 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 15-unit chain operates locations throughout ID, MT, NV, SD and WY. The jewelry shops occupy spaces of 1,400 sq.ft. to 1,600 sq.ft. in lifestyle and strip centers. Growth opportunities are sought throughout WY during the coming 18 months. Typical leases run five years with a five-year option. A vanilla shell and specific improvements are required. Preferred demographics include a population of 100,000 within 25 miles earning $50,000 as the average household income. The company is site selective
Laundry Systems Brokers, Inc. dba Wash & Tan Art Roy 1114 North Court Street, Suite 192 Medina, OH 44256 800-643-9274, Fax 330-764-3304 Email: artroy@laundrysystems.com Web site: www.laundrysystems.com
Laundromat The 40-unit chain operates locations throughout IN, KY, NY, OH and TN. The laundromats occupy spaces of 3,000 sq.ft. to 5,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout AL, GA, IN, KY, NC, OH and SC during the coming 18 months. Typical leases run 10 years with two, five-year options. Preferred cotenants include Kroger and Sav-A-Lot. Preferred demographics include a population of 10,000 within one mile earning $50,000 as the average household income. A land area of 0.5 acres is required for freestanding locations.
Dr. Tavel Optical Group dba Dr. Tavel Family Eyecare, Premium Optical Co. and Vision Values Larry S. Tavel, MD 2839 Lafayette Road Indianapolis, IN 46222-2147 317-924-1300 Ext. 100, Fax 317-924-3741 Web site: www.drtavel.com
Optical The 20-unit chain operates locations throughout IN. The eyecare centers occupy spaces of 1,200 sq.ft. to 1,600 sq.ft. in freestanding locations, malls and power and strip centers. Plans call for two openings throughout the existing market during the coming 18 months. The company prefers to locate in areas with excellent visibility, good access and prominent signage.
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Lead Sheet Pak Mail Centers of America, Inc. dba Pak Mail Adriene Thompson 7173 South Havana Street, Suite 600 Centennial, CO 80112 303-957-1000, Fax 303-957-1015 Web site: www.pakmail.com
Shipping The 479-unit chain operates locations nationwide and internationally. The packaging and shipping supply centers occupy spaces of 1,200 sq.ft. in strip centers. Growth opportunities are sought nationwide during the coming 18 months. Typical leases run five years with a fiveyear option. A vanilla shell is preferred. Preferred cotenants include grocery stores. Preferred demographics include a population of 30,000 within three miles earning $50,000 as the average household income. Major competitors include PostNet and The UPS Store. The company is franchising.
Charles David of California dba Charles David David Lann 5731 Buckingham Parkway Culver City, CA 90230 310-348-5050, Fax 310-342-6072 Email: david.lann@charlesdavid.com Web site: www.charlesdavid.com
Shoes The 26-unit chain operates locations throughout AZ, CA, FL, IL, MA, NJ, NY, PA and TX. The shoe stores occupy spaces of 1,200 sq.ft. to 1,600 sq.ft. in malls. Growth opportunities are sought nationwide during the coming 18 months. Typical leases run 10 years. Preferred cotenants include Ann Taylor, Banana Republic, BCBG, bebe, Bloomingdale’s, Donna Karen, Macy’s and Nordstrom.
Shiekh Shoes, Inc. dba Shiekh Shoes Gerardo Aguinis or Stuart Zall c/o The Zall Co. 4725 South Monaco Street, Suite 340 Denver, CO 80237 303-804-5656, Fax 303-804-9696 Emails: gaguinis@zallcompany.com and szall@zallcompany.com Web site: www.zallcompany.com
Shoes The 107-unit chain operates locations throughout AZ, CA, NM, NV, TX and WA. The stores, offering footwear and juniors apparel, occupy spaces of 3,000 sq.ft. in malls. Growth opportunities are sought throughout CA, NV, TX and WA during the coming 18 months, with representation by The Zall Co. Typical leases run 10 years. Major competitors include Finish Line and Journeys.
Beverages & More Matthew Alexander c/o SRS Real Estate Partners 301 Howard Street, Suite 900 San Francisco, CA 94105 415-908-4930, Fax 415-908-4935 Email: matt.alexander@srsre.com
Specialty The 90-unit chain operates locations throughout AZ and CA. The store, offering wines, spirits, accessories and gifts, occupy spaces of 10,000 sq.ft. in power, specialty and strip centers. Plans call for 10 openings throughout the existing markets during the coming 18 months, with representation by SRS Real Estate Partners. Typical leases run 10 years. Preferred cotenants include Barnes & Noble. Preferred demographics include a population of 100,000 within five miles earning $75,000 as the average household income.
Goo Goo Car Wash Ed Adams c/o Jordan Hart Commercial Services 6001 River Road Columbus, GA 31904 706-257-1170, Fax 706-243-6446 Email: eadams@djordanco.com
Specialty The 75-unit chain operates locations throughout AL, AZ, FL, GA, KY, MI, MS, NV, OH, SC, TN and TX. The car washes prefer to locate on outparcels of 50,000 sq.ft. near malls, power and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months, with representation by Jordan Hart Commercial Services.
Kocolene Marketing, LLC dba Smokers Host Bob Myers PO Box 448 Seymour, IN 47274-0448 812-522-2224, Fax 812-522-6264
Specialty The 19-unit chain operates locations throughout IN. The stores, offering discount tobacco, occupy spaces of 800 sq.ft. to 1,200 sq.ft. in freestanding locations and strip centers. Plans call for three openings throughout the existing market during the coming 18 months. Typical leases run one year. A vanilla shell is required. Preferred cotenants include Dollar General, Cash Advance, pizzerias, pawn shops and liquor stores.
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Lead Sheet Rincon Musical Marc Durst c/o Sholom & Zuckerbrot Realty, LLC Kaufman Astoria Studios, 35-11 35th Avenue Long Island City, NY 11106 718-392-5959 Ext. 122, Fax 718-937-6546 Email: mdurst@s-z.com Web site: www.rinconmusical.com
Specialty The six-unit chain operates locations throughout NY. The specialty stores, offering Latin music and instruments and related accessories, occupy spaces of 1,500 sq.ft. to 5,000 sq.ft. in downtown areas, storefronts and inline spaces or endcaps of urban shopping centers. Growth opportunities are sought throughout Brooklyn, Bronx, Long Island, Queens and Westchester, NY during the coming 18 months, with representation by Sholom & Zuckerbrot.
Academy Ltd. dba Academy John Hay 1800 North Mason Road Katy, TX 77449 281-579-1555, Fax 281-646-5106 Web site: www.academy.com
Sporting Goods The 105-unit chain operates locations throughout AL, AR, FL, GA, LA, MO, MS, OK, SC, TN and TX. The sporting goods stores occupy spaces of 75,000 sq.ft. to 85,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months.
Hibbett Sporting Goods Jeff Kalil c/o The Rotella Group, Inc. 3300 North Federal Highway, Suite 200 Ft. Lauderdale, FL 33306 954-568-9015, Fax 954-568-9597 Email: jeff@rotellagroup.com Web site: www.hibbett.com
Sporting Goods The 650-unit chain operates locations throughout AL, AR, AZ, FL, GA, IA, IL, KS, KY, LA, MO, MS, NC, NE, NM, OH, OK, SC, TN, TX, VA and WV. The sporting goods stores occupy spaces of 4,500 sq.ft. to 6,500 sq.ft. in power centers. Growth opportunities are sought throughout Jacksonville and southeastern FL during the coming 18 months, with representation by The Rotella Group, Inc. Preferred cotenants include soft goods retailers.
The Sports Authority Alvin Rodenbostel c/o Edgemark Commercial Real Estate Services, LLC 2215 York Road, Suite 503 Oakbrook, IL 60523 630-472-1010, Fax 630-472-1019 Email: arodenbostel@edgemarkllc.com Web site: www.edgemark.com
Sporting Goods The 450-unit chain operates locations nationwide. The sporting goods stores occupy spaces of 42,000 sq.ft. in freestanding locations and power centers. Growth opportunities are sought throughout IL, northwestern IN and WI during the coming 18 months, with representation by Edgemark Commercial Real Estate Services, LLC.
GameStop Ian Furar c/o California Commercial Partners, Inc. 220 Newport Center Drive, Suite 18 Newport Beach, CA 92660 949-717-7711, Fax 949-717-0011 Email: ian@ccpire.com Web site: www.ccpire.com
Video The 6,100-unit chain operates locations nationwide and internationally. The video game stores occupy spaces of 1,500 sq.ft. in entertainment, power and strip centers. Growth opportunities are sought throughout southern CA during the coming 18 months, with representation by California Commercial Partners, Inc. Typical leases run five years with options. A vanilla shell is required.
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 14
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Real Estate Professionals Making the News The Cafaro Co. (330-747-2661) promoted William A. Cafaro and Anthony Cafaro, Jr. to the positions of co-president. The two previously served as vice presidents within the company. The company is a privately-held owner, developer and operator of regional shopping malls and retail centers, with a portfolio of 50 properties throughout 11 states with a combined GLA of 30 million sq.ft. Sperry Van Ness – Miller Commercial Real Estate (410-543-2440) hired Joey Gilkerson as an advisor. Prior to being hired by the company, he served as an intern specializing in the sale and leasing of developments throughout Salisbury, MD and assisting senior advisor Bradley Gillis. Prior to joining the company, Gilkerson founded Gilkerson Properties, LLC. RHYS Commercial (203-274-9800) hired Dominick Musilli as executive vice president and principal. He will head the company’s Retail Services division, overseeing all of the company’s retail brokerage activities, and serve on its senior management team. Prior to joining the company, Musilli served as executive managing director and partner of D M FirstService Real Estate Advisors. Check out our NEW Jobs Forum!
Home-Related Chains Expand Nationwide (continued from page one)
Rooms To Go trades as Rooms To Go and Rooms To Go Kids at 166 locations throughout AL, FL, GA, LA, MS, NC, SC, TN, TX and Puerto Rico. The home furnishings stores occupy spaces of 30,000 sq.ft. to 80,000 sq.ft. in freestanding locations. Plans call for four to 10 openings throughout TX and the southeastern U.S. during the coming 18 months. Preferred demographics include a population of 300,000 within seven miles earning $50,000 as the average household income. Major competitors include Ashley Furniture. A land area of three to four acres is required. The company prefers to acquire sites. For more information, contact Jeff Finkel, Rooms To Go, 400 Perimeter Center Terrace, Suite 800, Atlanta, GA 30346; 678-475-0499, Fax 770-352-9953; Email: jfinkel@roomstogo.com; Web site: www.roomstogo.com. Ace Hardware operates 4,800 locations nationwide. The stores, offering hardware, housewares, tools, home improvement items, lawn and garden supplies, plumbing and electrical products, occupy spaces of 12,000 sq.ft. to 15,000 sq.ft. in freestanding
locations, endcaps and inline spaces of shopping centers. Growth opportunities are sought throughout northern CA during the coming 18 months, with representation by Metrovation Brokerage. Preferred cotenants include grocery stores. For more information, contact Kurt Grundman or Christine Firstenberg, Metrovation Brokerage, 580 2nd Street, Suite 260, Oakland, CA 94607; 510839-4000, Fax 510-465-4472; Email: kgrundman@metrovation.com; Web site: www.metrovationbrokerage.com. Mancini Sleepworld, Inc. trades as Mancini Sleepworld at 28 locations throughout CA. The home furnishings stores occupy spaces of 7,000 sq.ft. to 14,000 sq.ft. in freestanding locations and strip centers. Plans call for five to seven openings throughout the San Francisco Bay Area of CA during the coming 18 months. The company will consider acquiring sites. For more information, contact Randy Mancini, Mancini Sleepworld, Inc., 599 Hawthorne Place, Livermore, CA 94550; 925-456-6400 Ext. 105, Fax 925-456-6440; Email: rmancini@sleepworld.com; Web site: D M www.sleepworld.com.
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Huntington Beach – An 180,000 sq.ft. center located at the intersection of State Route 39/Beach Road and Talbert Avenue has a 1,575 sq.ft. space available. Walmart anchors the center and cotenants include InN-Out Burger, T-Mobile, GameStop, Payless ShoeSource, Regis Hair Masters, KFC/A&W and Wienerschnitzel. For details, contact Allen A. Dehnke, First Team Commercial Real Estate, 4 Corporate Plaza Drive, Newport Beach, CA 92660; 949-930-6336, Fax 949-759-5744; Email: adehnke@firstteamcommercial.com.
sq.ft. pad site. BJ’s Wholesale Club and Super Stop & Shop anchor the center. Cotenants include Bank of America, Party Party, Staples, Citibank, Petco, Subway, Captain’s Keg, PK Salon, Peppino’s Pizza, Blockbuster Video and Palm Beach Tanning. Area retail includes Walmart, Home Depot and Shaw’s Supermarket. Area demographics include a population of 460,449 within 10 miles earning $84,551 as the average household income. The average daily traffic count is 172,000 vehicles. Westport – Greens Farms Plaza, a 39,000 sq.ft. multilevel center located on Route 1/Post Road East, has a 14,100 sq.ft. space available. Cotenants include V Restaurant & Wine Bar, Munson’s Candy Kitchen, Curves, Westport Music Center, Phillip Bruce Salon and Coco Spa. Area demographics include a population of 92,915 within five miles earning $110,782 as the median household income. For details, contact Brian Nitzberg, Urstadt Biddle Properties, Inc., 321 Railroad Avenue, Greenwich, CT 06830; 203-8638212; Email: bnitzberg@ubproperties.com; Web site: www.ubproperties.com.
Connecticut Danbury – Airport Plaza, a 33,000 sq.ft. regional center situated on 2.7 acres on Kenosia Avenue, has an 8,116 sq.ft. space available. Cotenants include Chuck E. Cheese’s, Sleepy’s, Cold Stone Creamery and GameStop. Area retail includes Danbury Fair Mall, featuring Macy’s, Lord & Taylor, Sears and JCPenney. Area demographics include a population of 97,749 within five miles earning $73,256 as the median household income. Also, Danbury Square, a 194,000 sq.ft. regional center located on Kenosia Avenue, has spaces available of 1,505 sq.ft.; 3,500 sq.ft. and 5,525 sq.ft. Barnes & Noble and Christmas Tree Shops anchor the center. Cotenants include Adela Nail Salon, Life Uniform, Danbury Wine & Liquors, Lacrosse Unlimited, Famous Footwear, Taipei Tokyo, Sinapi’s Pizza, Pearle Express, Destination Maternity, David’s Bridal, Avenue, Bagelworks and T-Mobile. Toys “R” Us and Babies “R” Us shadow-anchor the center. Area retail includes Danbury Fair Mall, featuring Macy’s, Lord & Taylor, Sears and JCPenney. Area demographics include a population of 99,988 within five miles earning $73,341 as the median household income. Orange – Orange Meadows, a 78,000 sq.ft. regional center located on Route 1, has a divisible 9,884 sq.ft. space available. Cotenants include Talbots Outlet, Kidsnips, The UPS Store, Pampered Touch Nails, Weight Watchers, Payless ShoeSource, L.L. Bean Outlet, Thomasville Furniture, New England Beverages and Trader Joe’s. Area demographics include a population of 130,375 within five miles earning $65,788 as the median household income. Stratford – The Dock Shopping Center, a 273,000 sq.ft. community shopping center located at the intersection of Interstate 95, Route 1 and Route 110, has spaces available of 2,000 sq.ft.; 3,200 sq.ft.; 8,990 sq.ft. and 16,159 sq.ft. along with a divisible 1,750
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Newington – Fenn Road Plaza, a 94,891 sq.ft. strip center located at the intersection of Route 175 and Fenn Road, has spaces available of 1,125 sq.ft.; 1,500 sq.ft.; 1,875 sq.ft. and 3,870 sq.ft. along with a 2,816 sq.ft. pad site. Super Stop & Shop anchors the center and cotenants include Citizens Bank, California Sushi, CitiFinancial, Verizon Wireless and Weight Watchers. Area demographics include a population of 217,620 within five miles earning $75,178 as the average household income. Old Saybrook – Shoppes at Old Saybrook, a 95,183 sq.ft. strip center located on Boston Post Road, has a 4,000 sq.ft. space available along with a divisible space of 13,493 sq.ft. Ocean State Job Lot anchors the center and cotenants include Town Fair Tire and Cup & Saucer. Area retail includes Sleepy’s, Starbucks, Blockbuster Video, Famous Footwear, HomeGoods, Pier 1 Imports, Payless ShoeSource, Hallmark, Olympia Sports, Bath & Body Works, West Marine, Lenscrafters, Staples and Pizza Hut. Area demographics include a population of 39,156 within five miles earning $109,528 as the average household income. For details, contact Basser-Kaufman, 335 Central Avenue, Lawrence, NY 11559; 516569-3700, Fax 516-569-7528; Web site: www.basserkaufman.com.
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Wallingford – Wallingford Commons, a 122,264 sq.ft. center located at the intersection of Route 5/North Colony Road, CT Route 15/Wilbur Cross Parkway and CT Route 68, has spaces available of 1,800 sq.ft.; 2,260 sq.ft. and 2,300 sq.ft. Big Lots Furniture and Holiday Cinemas anchor the center. Cotenants include Pocket Communications, A&S Travel, Family Dollar, Friendly’s, Connex Federal Credit Union, Humphrey’s Restaurant and Breugger’s Bakery Café. Area demographics include a population of 110,218 within five miles earning $72,717 as the average household income. For details, contact Andrew Aberham, Philips International, 295 Madison Avenue, New York, NY 10017; 212-951-3833, Fax 212-545-1355; Email: aaberham@pihc.com; Web site: www.pihc.com.
from 1,000 sq.ft. to 2,500 sq.ft. along with outlots available for ground lease. Walmart Supercenter and Loews Cineplex anchor the center. Cotenants include Shred-ADoc, Kingston’s Jerk Chicken, Shark’s Fish & Chicken, Subway, Baby’s Famous Steak & Lemonade, Designers Interiors, Silk N’ Classy, Cricket Wireless, Real Dollar, Guitar Center, Bare Feet Shoes, Work Wear Uniforms, Hair Café Salon, RadioShack, Da Closet, Keller Kustoms, Lee Nails, Foot Locker, Payless ShoeSource, Bedding Experts, Touch of Beauty, Sonic Drive-In, Chase Bank, Panda Express, Bank of America, Fifth Third Bank, Applebee’s and McDonald’s. Area demographics include a population of 222,182 within five miles earning $65,338 as the average household income. The average daily traffic count is 31,000 vehicles. Huntley – Huntley Grove, located at the intersection of Route 47 and Kreutzer Road, has two spaces of 1,500 sq.ft. available along with a divisible 21,000 sq.ft. junior anchor position and outlots available for ground lease. Walmart Supercenter anchors the center and cotenants include T-Mobile, Jimano’s Pizzeria, Nails Paradise, State Farm Insurance, The UPS Store, Fone Zone and Cigar Emporium. Area demographics include a population of 53,019 within five miles earning $92,037 as the average household income. For details, contact Adam Moschin or Stacie Platt, Tucker Development Corp., 799 Central Avenue, Suite 300, Highland Park, IL 60035; 847-926-9999, Fax 847-926-9996; Emails: amoschin@tuckerdevelopment.com and splatt@tuckerdevelopment.com; Web site: www.tuckerdevelopment.com.
Lexington Park – Patuxent Corporate Center, located at the intersection of MD Route 235/Three Notch Road and Patuxent Center Way has a pad site of 2.212 acres available of ground lease and a divisible 2.345 acre pad site available for build-tosuit. Area retail includes Jo-Ann Fabrics, CVS and Wentworth Nursery & Garden. Area demographics include a population of 74,080 within seven miles earning $81,676 as the average household income. The average daily traffic count is 24,625 vehicles. For details, contact Les Sax, Sax Realty, Inc., 4912-A Del Ray Avenue, Bethesda, MD 20814; 240-497-1192, Fax 240-4971070; Email: lsax@saxrealty.com; Web site: www.saxrealty.com.
Florida Clearwater - A 15,603 sq.ft. freestanding former Sound Advice situated on a land area of 43,278 sq.ft. at the intersection of U.S. Highway 19 and State Road 580 is available. Area retail includes Westfield Countryside Mall, Dillard’s, JCPenney, Macy’s and Sears. Area demographics include a population of 228,920 within five miles earning $77,811 as the average household income. The average daily traffic count is 45,000 vehicles. The asking rent is $15 psf. For details, contact Larry Brooks, Brooks Commercial Group, LLC, 2951 Northeast 18th Street, Suite 2005, Aventura, FL 33180; 305-467-8875; Email: lbrooksco@gmail.com. Lauderhill – Sun Village, a 39,045 sq.ft. strip center situated on 3.86 acres at the intersection of North University Drive and 46th Street, has spaces available of 1,100 sq.ft.; 1,300 sq.ft. and 3,200 sq.ft. Area demographics include a population of 400,560 within five miles earning $60,523 as the average household income. The asking rent is $14 psf with CAM of $3.00 and taxes of 6%. For details, contact Luis Olivo, Olivo Realty Investments, 1777 Northeast 177th Street, North Miami Beach, FL 33162; 786-326-5685, Fax 305-359-3210; Email: olivorealty2009@hotmail.com.
Illinois Country Club Hills – Country Club Plaza, located at the intersection of 167th Street and Crawford Avenue, has spaces available
Maine Falmouth – Falmouth Village, a 75,000 sq.ft. specialty center situated on 7.9 acres on U.S. Route 1, has spaces available of 3,425 sq.ft. and 4,636 sq.ft. Staples anchors the center and cotenants include Hallmark, Norway Savings, Ricetta’s and Olympia Sports. Area retail includes Walmart and Falmouth Shopping Center. Area demographics include a population of 55,547 within five miles earning $53,977 as the median household income. The average daily traffic count is 16,740 vehicles. The asking rent is $15 psf with CAM of $5 psf. For details, contact Pete Harrington, Malone Commercial Brokers, 5 Moulton Street, Portland, ME 04101; 207-772-2422, Fax 207-774-5114; Email: peter@malonecb.com; Web site: www.malonecb.com. www.dealmakers.net
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Mississippi Oxford – The Oxford Marketplace, a 150,000 sq.ft. mixed-use center located on West Jackson Avenue, has spaces available of 1,222 sq.ft.; 1,800 sq.ft. and 2,050 sq.ft. Walmart Supercenter anchors the center and cotenants include T-Mobile, RadioShack, Shoe Show, Cato, Dollar Tree, West Jackson Wine & Spirits, GameStop, CitiFinancial and Ultra Tan. Area retail includes Oxford Galleria, featuring Belk. Area draws include the University of Mississippi. Area demographics include a population of 32,000 within 10 miles. The asking rent is $18 psf. For details, contact Terry Rossiter Harvey, Broad Reach Retail Partners, LLC, 2835 O’Donnell Street, Suite 200, Baltimore, MD 21224; 443-762-9824, Fax 800-307-3130; Email: tharvey@broadreachretail.com; Web site: www.broadreachretail.com. Southhaven – A 60,000 sq.ft. center located at the intersection of Route 302 and Route 55 has space available. Area retail includes Sam’s Club, Home Depot, Lowe’s Home Improvement, Best Buy, Kohl’s and Target. For details, contact Robert Boyd, Boyd Investments, 5515 West Boulevard, Boardman, OH 44512; 330-599-5838; Email: rboyd@boydinvestments.com.
New Jersey Clifton – Styertowne Shopping Center, located at the intersection of Route 3 West and Bloomfield Avenue, has a 1,500 sq.ft. space available. Acme anchors the center and cotenants include Valley National Bank, Kim’s Nails, Cleaners 2000, U.S. Postal Service, CVS, FYE, Styertowne Bakery, Shereed’s Boutique, Bertelli’s Wines, Dollar (continued on page eighteen) February 19, 2010
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Tree, Corbo Jewelry, GNC, RadioShack, Seasons Chinese Restaurant, Crystal Optics, Taste of Tuscany Restaurant, Antonio’s Hair Salon, Footnotes Bookstore, Exchange Florist, Dunkin’ Donuts, Largo House Spa, Avante Garde Salon, dressbarn, Kid City, Modell’s, Atlanta Bread Co., A.C. Moore, Pet Stuff and Lucille Roberts. Area retail includes Home Depot, Barnes & Noble, Kohl’s, Staples, Annie Sez, Target, AMC Cinema and The Sports Authority. Area demographics include a population of 619,322 within five miles earning $84,780 as the average household income. The average daily traffic count is 132,600 vehicles. For details, contact Jacobs Enterprises, Inc., 1051 Bloomfield Avenue, Clifton, NJ 07012; 973-591-5222, Fax 973-591-5223; Email: info@jacobs-enterprises.com; Web site: www.jacobs-enterprises.com. East Brunswick – Route 18 Shopping Center, a 121,695 sq.ft. strip center situated on 12.4 acres on Route 17, has spaces available of 3,000 sq.ft.; 4,095 sq.ft. and 32,855 sq.ft. GMI Furniture Designs anchors the center and cotenants include Burger King. Area demographics include a population of 172,795 within five miles earning $102,427 as the average household income. The average daily traffic count is 80,560 vehicles. For details, contact Nicholas Forelli, Rosen Associates Management Corp., 33 South Service Road, Jericho, NY 11753; 516-281-1532, Fax 516-281-1562; Email: nforelli@rosenmgmt.com. Manalapan – Manalapan EpiCentre, a 460,000 sq.ft. center located at the intersection of Route 9 and Symmes Drive, has a 6,200 sq.ft. space available. Wegmans, HomeGoods, Target and Marshalls anchor the center. Area retail includes Best Buy, Babies “R” Us, Bed Bath & Beyond, Modell’s, PetSmart and A.C. Moore. Area demographics include a population of 101,496 within five miles earning $128,760 as the average household income. The average daily traffic count is 59,000 vehicles. Sayreville – A 5,700 sq.ft. freestanding former Platinum Motors located on Route 9 North is available. Area retail includes Home Depot, Lowe’s Home Improvement, Walmart, BJ’s Wholesale Club, Pathmark, ShopRite and Staples. Area demographics include a population of 188,005 within five miles earning $80,468 as the average household income. Tinton Falls – Tinton Falls Plaza, located at the intersection of Route 35 and Shrewsbury Avenue, has a 16,612 sq.ft. space page 18
February 19, 2010
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New Jersey
New Jersey
available. A&P shadow-anchors the center and cotenants include Kanji Steakhouse & Sushi Bar, Paul’s Restaurant & Pizzeria, Panda House Restaurant, F&T Spirits Wine & Liquor and Tinton Falls Plaza Cleaners. Area retail includes Work Out World and Dollar Tree. Area demographics include a population of 158,756 within five miles earning $120,823 as the average household income. The average daily traffic count is 29,536 vehicles. For details regarding the Manalapan property, contact Danielle Brunelli-Albrecht, R.J. Brunelli & Co., Inc., 400 Perrine Road, Suite 405, Old Bridge, NJ 08857; 732-721-5800, Fax 732-721-9241; Email: dbrunelli@njretailrealty.com. For details regarding the Marlboro property, contact Martin Yaged; Email: myaged@njretailrealty.com. For details regarding the Sayreville property, contact Ron DeLuca; Email: rdeluca@njretailrealty.com. For details regarding the Tinton Falls property, contact Carl J. Minue; Email: cminue@njretailrealty.com.
Club, ShopRite, Pathmark, Toys “R” Us, OfficeMax and Annie Sez. Area demographics include a population of 144,297 within seven miles earning $102,143 as the average household income. For details, contact Rich Schulz or James Aug, RS Aug Real Estate, 2 Hudson Place, Hoboken, NJ 07030; 201-533-9100; Emails: rschulz@rsaug.com and jaug@rsaug.com.
Succasunna – Roxbury Mall, a regional power center located on Route 10 East, has spaces available from 1,200 sq.ft. to 12,130 sq.ft. Home Depot, ShopRite, Kohl’s, Petco and Staples anchor the center. Cotenants include Stein Mart, Ramsey Outdoor, Carter’s, Verizon Wireless, Kasper, Dental Horizons, U.S. Postal Service, Petco, Electronics Expo, Song Art, Santana’s Hair, The UPS Store, Bensi Restaurant, Mr. Optic, GameStop, Marty’s Shoes, Fuddruckers, Saladworks, Blimpie, Panera Bread, Hollywood Tanning, Mandee, Justice, Famous Footwear, dressbarn, Vermont Pancake House, Investors Savings, Planet Fitness, Lung Yung Restaurant, Great Clips, GNC, Lotus Spa, Small Empire, This and That, Roxbury Dental, Hear X, Capri Beauty Institute, Arthur Murray Dance Studio, Cinema 10 and McDonald’s. Area demographics include a population of 105,093 within 10 miles earning $101,655. The average daily traffic count is 32,095 vehicles. Watchung – Watchung Square, a center located on Route 22 West, has spaces available of 2,670 sq.ft. and 3,431 sq.ft. Walmart, Target, Home Depot and Stop & Shop anchor the center. Cotenants include Bed Bath & Beyond, Borders, T.J. Maxx, P.C. Richard & Son, DSW, Great Clips, Paisano’s Pizza, Old Navy, Famous Footwear, Osh Kosh B’Gosh, Carter’s, dressbarn, A.C. Moore, Modell’s, PetSmart, Pier 1 Imports, Ulta, LA Nails, Westfield Vacuum, Subway, EB Games, Rockaway Bedding and Party City. Area retail includes Kohl’s, Sears, BJ’s Wholesale Dealmakers
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New York Binghamton – The Shoppes at Pierce Hill, a 25,030 sq.ft. center located on State Highway 434/Vestal Parkway, has a 2,802 sq.ft. space available. Cotenants include Chico’s, Jos. A. Bank, Aveda, Coldwater Creek and Ann Taylor Loft. Area retail includes Old Navy, Barnes & Noble, Dick’s Sporting Goods, Loew’s Theaters, Ethan Allen, Walmart, Target and Starbucks. Area demographics include a population of 241,280 within 20 miles earning $55,758 as the average household income. For details, contact Ray Brunt, Stanbery Development, LLC, 328 Civic Center Drive, Columbus, OH 43215; 732-223-0257; Email: rbrunt@stanbery.com; Web site: www.theshoppesatpiercehill.com. Or Jeff Mason, Mason Retail Group; 410-558-3100; Email: jeff@masonaid.com. Bronx – A 42,400 sq.ft. center located on Third Avenue has a 5,356 sq.ft. space available. Cotenants include Dr. Jay’s and A.J. Wright. Area retail includes Staples, Modell’s, Duane Reade, Foot Locker, AT&T Mobility, WaMu and GNC. Area demographics include a population of 154,302 within one mile earning $33,081 as the average household income. Also, a 223,611 sq.ft. mixed-use center located on East 161st Street has a 1,254 sq.ft. space available. Cotenants include Walgreens. Area retail includes Concourse Shopping Plaza. Area draws include Yankee Stadium. Area demographics include a population of 720,171 within two miles earning $37,474 as the average household income. Mohegan Lake – Cortlandt Town Center, a 750,000 sq.ft. power center located on East Main Street, has spaces available from 1,455 sq.ft. to 40,200 sq.ft. Walmart and A&P anchor the center. Cotenants include McDonald’s, Piazza Roma, Pier 1 Imports, Best Buy, Applebee’s, Blockbuster Video, Danny’s Cycles, Panera Bread, Hudson City Savings Bank, Marshalls, Emperor Garden Restaurant, GameStop, Beach Nails, Image Cleaners, Citibank, U.S. Postal Service, (continued on page twenty)
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According to Jarrett Armstrong, “I got involved developing Goddard Schools about four years ago. Since that time, I have developed six Goddard Schools with three presently in the works. As a developer, we have been successful at working with GSI and the local franchisees in finding premier locations that are priced appropriately, designing a high quality school, obtaining necessary entitlements and constructing first class buildings.” The success Armstrong had as a developer convinced the couple to operate a Goddard School. “In 2008, when Sloan and I decided to jump to the operational side of the equation and open our own school, we felt my Goddard real estate development experience, Sloan’s operating and marketing expertise and our mutual desire to be entrepreneurs would create a unique opportunity for us,” adds Armstrong. To learn more about developing a Goddard School, please contact the GSI Real Estate Department at 1-877-876-3189 or visit on-line at www.goddardschool.com.
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New York with a basement situated on a land area of 10,000 sq.ft. at the intersection of Merrick Boulevard and 224th Street is available. Area retail includes Key Food, Chase Bank, Duane Reade, Ridgewood Savings Bank and Golden Krust. Area demographics include a population of 49,988 within one mile earning $81,547 as the average household income. Yonkers – A 10,329 sq.ft. freestanding building situated on a land area of 20,437 sq.ft. and an 18,061 sq.ft. parcel located at the intersection of Romaine Avenue and McLean Avenue are available. Area demographics include a population of 332,462 within three miles earning $66,135 as the average household income. For details regarding the Brooklyn and Laurelton properties, contact Richard Senior or Esther Bukai, Ripco Real Estate; 212-7506565; Emails: rsenior@ripcony.com and ebukai@ripcony.com. For details regarding the Yonkers property, contact Miles Mahony; Email: mmahony@ripcony.com.
Brooklyn – A 5,200 sq.ft. freestanding building situated on a land area of 8,000 sq.ft. at the intersection of Utica Avenue and Rutland Road is available. Area retail includes McDonald’s, Duane Reade, Citibank and Dunkin’ Donuts. Area demographics include a population of 172,812 within one mile earning $50,604 as the average household income. Laurelton – A 7,435 sq.ft. freestanding building 10 sq ,000 .f av t. en - 17 ail d ,0 ab ca 00 le p
Rite Aid, Mohegan Wines & Liquors, Nathan’s, Payless ShoeSource, Unisex Palace Hair Design, Cold Stone Creamery, Sleepy’s, United Artists Theatre, Old Navy, dressbarn, Dino’s Pizza Plus & Arcade, Michaels, Barnes & Noble, OfficeMax, PetSmart, Modell’s and Allen Carpet. Area demographics include a population of 85,373 within five miles earning $103,213 as the average household income. New York – A 10,640 sq.ft. mixed-use center located on 7th Avenue between 53rd Street and 54th Street has a 427 sq.ft. space available. Cotenants include Stage Deli, 54 Computer Games & Electronics and Big Apple Souvenirs. Area demographics include a population of 162,921 within one mile earning $158,643 as the average household income. Pomona – Pacesetter Park Shopping Center, a 92,860 sq.ft. neighborhood shopping center located on U.S. Route 202, has spaces available of 1,492 sq.ft.; 1,891 sq.ft.; 2,373 sq.ft. and 3,838 sq.ft. Stop & Shop anchors the center and cotenants include JP Morgan Chase, Visible Changes, Avanti Restaurant, Wireless Zone, Touch of Class Cleaners, Subway, Curves, Pomona Oriental, Trustco Bank, Rona’s Boutique, Pomona Chophouse, Sunny Nails, EyeMagination, Paint ‘N’ Place, Allstate Insurance and
New York The UPS Store. Area demographics include a population of 143,086 within five miles earning $97,200 as the average household income. For details regarding the Third Avenue property, contact Michael Dobeck, Acadia Realty Trust, 1311 Mamaroneck Avenue, Suite 260, White Plains, NY 10605; 800-2275570; Email: mdobeck@acadiarealty.com. For details regarding the East 161st Street property, contact Michael Dobeck or Steve Cassella. For details regarding the Mohegan Lake property, contact Christopher Conlon or Jackie O’Connell; Email: cconlon@acadiarealty.com. For details regarding the New York property, contact Janine Forte; Email: jforte@acadiarealty.com. For details regarding the Pomona property, contact Karalynn Holbrook; Email: kholbrook@acadiarealty.com.
Williamsville – Eastern Hills Mall, a 996,729 sq.ft. center located on Transit Road, has space available. The Bon Ton, JCPenney, Macy’s and Sears anchor the center. Cotenants include American Eagle Outfitters, Bath & Body Works, Brooks Brothers, Dave & (continued on page twenty-two)
DOLLAR TREE CENTER FOR LEASE 2400-2420 E. Little Creek Road and Mona Avenue | Norfolk, VA 23518 This neighborhood shopping center is adjacent to Roosevelt Gardens Shopping Center within the established East Little Creek trade area in the City of Norfolk.
13 sq ,400 .f av t. en - 38 ail d ,4 ab ca 00 le p
• Tenant Roster: Dollar Tree, Taylor’s Do-It Center, Marion’s Pet World, Anytime Fitness • Lease Rate: $12.00 per sq.ft. • CAM, Taxes & Insurance: $2.57 per sq.ft. • Traffic: 29,000 at E. Little Creek Rd. & Halprin Drive
NORTHERN TOOL & EQUIPMENT CENTER FOR LEASE 8400 Midlothian Turnpike | Richmond, VA 23235 38,400 square foot building on 3.14 acres in a high visibility retail location at the corner of Midlothian Turnpike and Gateway Center Parkway.
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• Anchor Tenant: Northern Tool & Equipment (One of Top 5 in country) • Lease Rate: $15.00 psf • CAM, Taxes & Insurance: $3.50 NNN • Traffic: 54,000 VPD at Midlothian Turnpike & Gateway Center Parkway
VICTORY WEST FOR LEASE 2830-2886 Airline Boulevard | Portsmouth, Va 23701 • Location: Corner of Airline Boulevard and City Park Avenue • Anchor Tenants: Break Away Skate Center, Boulevard Bingo, Dollar General, and Total Car Care • Out-Parcels Available: .43 acres – 3 acres available for ground lease • Lease Rate: $15.00 - $23.00 per sq.ft. • CAM, Taxes & Insurance: $1.42 per sq.ft. • Traffic Counts: 14,000 at Airline Blvd. and Victory Blvd.
208 East Plume Street, Suite 333 Norfolk, Virginia 23510 Ph: (757) 622-6009 • Fax: (757) 622-5460 www.globalrei.com
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February 19, 2010
The
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Buster’s, Gap, Hot Topic, Journeys, Orvis and Victoria’s Secret. Area demographics include a population of 607,810 within 10 miles earning $59,676 as the average household income. For details, contact Steve Scaramuzzino, MDC Retail Properties Group, 5129 Yellow Wood Parkway, Jamesville, NY 13078; 315383-6294; Email: steve@olympuslmd.com; Web site: www.shopeasternhills.com.
Pennsylvania Clearfield – Clearfield Mall, a 163,679 sq.ft. strip center located on Route 322, has a 4,620 sq.ft. space available along with two spaces of 3,000 sq.ft. and an outlot. JCPenney, Ollie’s Bargain Outlet and Peebles anchor the center. Area demographics include a population of 15,600 within five miles earning $48,256 as the average household income. The average daily traffic count is 14,000 vehicles. Cranberry – Cranberry Mall, a 404,168 sq.ft. regional mall located at the intersection of Route 322 and Route
Pennsylvania
Pennsylvania
257, has space available. JCPenney, Sears, The Bon-Ton, Ollie’s Bargain Outlet and Dunham’s Sports. Cotenants include The Movies at Cranberry. Area demographics include a population of 91,070 within 20 miles earning $50,620 as the average household income. The average daily traffic count is 19,100 vehicles. Ebensburg – College Plaza, a 126,005 sq.ft. strip center, has space available. Giant Eagle and Big Lots anchor the center. Area draws include Penn Highlands Community College. Area demographics include a population of 140,670 within 15 miles earning $49,143 as the average household income. For details regarding the Clearfield property, contact Rudy McCarthy, Zamias Services, Inc., 300 Market Street, Johnstown, PA 15901; 814-532-6112, Fax 814-5365505; Email: rmccarthy@zamias.net; Web site: www.zamias.com. For details regarding the Cranberry property, contact Perry Russ; 814-532-6186; Email: pruss@zamias.net. For details regarding the Ebensburg property, contact Bill Trevorrow; 814-532-6178; Email: btrevorrow@zamias.net. Or Gemini Real Estate Advisors, LLC, 200 Park Avenue
South, Suite 1305, New York, NY 10003; 212-871-6280.
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West Virginia Beckley – Beckley Plaza, a 50,750 sq.ft. strip center located on U.S. Route 19/Robert C. Byrd Drive, has space available. Kmart shadowanchors the center and cotenants include JoAnn Fabrics, Aaron’s and Petland, along with Lone Star Steakhouse and Long John Silver’s occupying outlots. Area demographics include a population of 70,932 within 10 miles earning $49,474 as the average household income. Benwood – Benwood Plaza, a 98,660 sq.ft. strip center located at the intersection of 3rd Street and Marshalls Street, has an 87,860 sq.ft. anchor space available. Cotenants include Kroger occupying an outlot. Area demographics include a population of 140,571 within 15 miles earning $50,773 as the average household income. For details, contact Christopher Zamias, Zamias Services, Inc., 300 Market Street, Johnstown, PA 15901; 814-532-6172, Fax 814-536-5969; Email: czamias@zamias.net; Web site: www.zamias.com. DM
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Always Color Outside The Lines At DLC, we know opportunity is not found within rigid boundaries. We approach every project with creativity, innovation, foresight and vision to see beyond what is - to what can be. Outside the lines is where deals get done, complexity is made simple, and success is realized. Want a crayon? Corporate Headquarters: 580 White Plains Road 97
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