Dealmakers Magazine | February 25, 2011

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Reporting The Nation’s Weekly News on Retailing & Retail Real Estate

Volume XXVI No. VIII

February 25, 2011

Apparel Chains Expand Nationwide Tilly’s operates 125 locations throughout AZ, CA, CO, DE, FL, MD, NJ, NV, NY, PA and VA. The stores, offering apparel, footwear and accessories, occupy spaces of 6,500 sq.ft. to 10,000 sq.ft. in malls and lifestyle, outlet, power and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 10 years with options. Preferred cotenants in lifestyle, outlet, power and strip centers include Target, Old Navy, department and sporting goods stores and movie theaters. Preferred cotenants in malls include American Eagle Outfitters, Hollister and Zumiez. Preferred demographics include a population of 300,000 within 10 miles earning $70,000 as the average household income. For more information, contact John Burgess, Tilly’s, 10 Whatney, Irvine, CA 92618; 949-6095587, Fax 949-609-5517; Web site: www.tillys.com.

David’s Bridal, Inc. trades as David’s Bridal at 325 locations nationwide. The stores, offering wedding and bridesmaid dresses, formalwear and related accessories, gifts and invitations, occupy spaces of 5,500 sq.ft. and from 8,000 sq.ft. to 12,000 sq.ft. in freestanding locations and lifestyle, power, specialty and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run 10 years. A vanilla shell and specific improvements are required. Preferred demographics include a population of 600,000 within 20 miles earning $45,000 as the average household income. For more information, contact Michael Mirsky, David’s Bridal, Inc., 1001 Washington Street, Conshohocken, PA 19428-2356; 610-943-5000, Fax 610-943-5046; Web site: www.davidsbridal.com.

Talbots operates 580 locations nationwide and throughout Canada. The stores, offering women’s apparel, footwear and accessories, occupy spaces of 4,000 sq.ft. to 5,000 sq.ft. in freestanding locations and endcaps of shopping centers. Growth opportunities are sought throughout select markets of NJ during the coming 18 months, with representation by Silbert Realty & Management Co., Inc. For more information, contact Brian Silbert, Silbert Realty & Management Co., Inc., 85A Division Avenue / PO Box 406, Millington, NJ 07946; 908-604-6900, Fax 908-604-2030; Email: info@silbertrealestate.com.

Happy Days operates three locations throughout NY. The stores, offering children’s apparel, occupy spaces of 15,000 sq.ft. to 28,000 sq.ft. in regional malls. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run 15 years. Specific improvements are required. Preferred demographics include a population of 250,000 within five miles earning $60,000 as the average household income. For more information, contact Morris Mizrahi, Happy Days, 50 Belmont Avenue, Brooklyn, NY 11212; 718-495-4795; Fax 718-498-8966. (continued on page fourteen)

This issue contains information on:

* Retailers operating 54,198 locations with plans to open 3,292 sites * Real estate valued in excess of $408.3 million to be bought, sold & financed * Leasing activity on over 4.3 million sq.ft. of retail properties

Important News Please Expedite

Postmaster: Periodical

Featuring ICSC Mid-Atlantic and West Florida Idea Exchanges New Construction JBG Rosenfeld Retail is developing a mixed-use project in Chevy Chase, MD............... Pg. 3 Observations & Conversations Pg. 4 Profile|Sax Realty, Inc........... Pg. 6 Openings Dollar General Corp. opening a location in Madison Heights, VA Pg. 8 7-Eleven to open 15 to 20 stores throughout Manhattan, NY....... Pg. 16 Food Retailers Expand Plamondon Cos. seeking sites for Roy Rogers in the Baltimore, MD metro area..... Pg. 10 Buyers and Sellers Horn Capital Realty, Inc. looks to acquire single-tenant, net-leased properties.............. Pg. 11 Calkain Cos. selling a portfolio of Arby’s restaurants in NC and VA Pg. 15 Sources of Financing Mortgage Cap Financial provides financing for shopping centers nationwide Pg. 14 Exclusives Michael Salove Co. represents Hibachi Grill Supreme Buffet throughout DE, NJ and PA..... Pg. 16 Lead Sheet Go-Mart, Inc. seeking sites throughout KY, OH, VA and WV Pg. 17 Omega Sports, Inc. looks to enter into SC and VA............. Pg. 20 Lease Signings S.L. Nusbaum Realty Co. negotiated leases throughout VA Pg. 21 In the News dressbarn, Inc. reorganized into Ascena Retail Group, Inc......................................... Pg. 22 Space Place........................... Pg. 24

For more news go to: www.dealmakers.net Mobile Access Code: midatl2011


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Dealmakers Magazine | February 25, 2011 by The Dealmakers Magazine - Issuu