Reporting The Nation’s Weekly News on Retailing & Retail Real Estate Volume XXX No. VIII
February 27, 2015
FEATURING HOME-RELATED CHAINS EXPAND NATIONWIDE Sit N Sleep operates 32 locations throughout southern CA. The mattress shops prefer to occupy spaces of 13,000 sq.ft. in freestanding locations, malls and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. For more information, contact Larry Miller, Sit N Sleep, 14300 South Main Street, Gardena, CA 90248; 310-608-6838 Ext. 1800, Fax 310-7677884; Email: lmiller@earthlink.net; Web site: www.sitnsleep.com. Rommel Holdings, Inc. trades as Rommel’s Ace Hardware Home Center at 11 locations throughout DE, MD and VA. The home improvement stores occupy spaces of 9,000 sq.ft. to 12,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 10 years. A vanilla shell is required. Preferred cotenants include drug and grocery stores. Preferred demographics include a population of 30,000 within four miles earning $70,000 as the average household income. Major competitors include Home Depot and Lowe’s Home Improvement. For more information, contact Michael Cottingham, Rommel Holdings, Inc., PO Box 310, Fruitland, MD 21826; 410749-3600, Fax 410-749-3193; Email: mcottingham@rommelusa.com; Web site: www.rommelsace.com.
The Sherwin-Williams Co. (Southwest Division) trades as Sherwin-Williams at more than 4,000 locations nationwide and internationally. The stores, offering paint and related products, occupy spaces of 3,500 sq.ft. to 6,000 sq.ft. in freestanding locations and endcaps of shopping centers. Growth opportunities are sought throughout the southwestern region of the U.S. during the coming 18 months. Typical leases run five years with options. For more information, contact Ray Starbuck, The Sherwin-Williams Co. (Southwest Division), 2100 Lakeside Boulevard, Suite 500, Richardson, TX 75082; 214-553-2972, Fax 214-553-3913; Email: rstarbuck@sherwin.com; Web site: www.sherwin.com. Christmas Tree Shops – andThat!, a division of Bed Bath & Beyond, Inc., operates more than 70 locations nationwide in 21 states. The stores, offering home décor, gift ware, housewares and seasonal products, occupy spaces of 25,000 sq.ft. in 30,000 sq.ft. in regional power centers. Growth opportunities are sought throughout DE, MD, northern VA and Washington, DC during the coming 18 months, with representation by Sax Realty, Inc. For more information, contact Les Sax, Sax Realty, Inc., 4931 Cordell Avenue, Bethesda, MD 20814; 240-497-1192; Email: lsax@saxrealty.com; Web sites: www.saxrealty.com and www.christmastreeshops.com. (continued on page seven)
THIS ISSUE CONTAINS INFORMATION ON: • Retailers operating 61,716 locations with plans to open 3,118 sites • Real estate valued in excess of $80 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
ICSC OAC SUMMIT New Construction Ripco preleasing mixed-use site in NY with 2016 opening........... Pg. 3 Buyers and Sellers HFF Miami markets Winn-Dixie anchored centers in FL................ Pg. 4 Who’s Opening and Where Whole Foods Market opening in Seattle, WA in 2017................... Pg. 5 Food Chains Expand PDQ plans 20 openings.............. Pg. 6 Beach Hut Deli to enter AZ, CO, TX and UT.................................. Pg. 6 Exclusives and Tenant Reps NAI Hanson named exclusive leasing agent for an A&P Supermarket-anchored center..... Pg. 7 Making the News Boston Realty Advisors names new partner to retail division...... Pg. 8 Lease Signings Soloff inks six deals with Simply Fashion in NJ & PA..................... Pg. 8 Lead Sheet Regal Entertainment Group to open up to 12 theaters................ Pg. 11 Flywheel Sports to open 40 fitness centers nationwide........... Pg. 11 Muse Paintbar plans 15 openings in the Northeast.......................... Pg. 12 Space Place................................ Pg. 14
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NEW CONSTRUCTION Schuckman Realty, Inc. is preleasing a retail development located at the intersection of Broadway and 75th Street in Jackson Heights, NY. A divisible 7,000 sq.ft. space is available. Area retailers include Chase Bank, McDonald’s, CitiBank, Dunkin’ Donuts, Blink Fitness, 7-Eleven and CityMD. The site is located across from a transportation hub featuring 16.8 million commuters annually. Area demographics include a population of 211,890 within a one-mile radius earning $65,282 as the average household income.
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For more information, contact Nick Masson, Peter Yoon or Kenneth Schuckman, Schuckman Realty, Inc., 7600 Jericho Turnpike, Woodbury, NY 11797; 516-4968888; Emails: nick@schuckmanrealty.com or ken@schuckmanrealty.com; Web site: www.schuckmanrealty.com. Ripco Real Estate Corp. is preleasing The Shoppes at the Boulevard, a 310,000 sq.ft. mixed-use development located at the intersection of Interstate 495 and William Floyd Parkway in Yaphank, NY. Anchor, junior anchor, inline spaces and pad sites are available. The project features a 240-unit residential component. The average daily traffic count is 62,000 vehicles along William Floyd Parkway. The development is slated for completion during fall 2016. For more information, contact Jeffrey Howard, Ripco Real Estate Corp., 420 Jericho Turnpike, Suite 100, Jericho, NY 11753; 516-933-8880; Email: jhoward@ripcony.com; Web site: www.ripcony.com. Retail Specialists, LLC is preleasing The Back Porch at Ogletree Village, a mixeduse project located at the intersection of Moores Mill Road and Ogletree Road in Auburn, AL. Plans include a 17,200 sq.ft. retail component and 11,500 sq.ft. for a twolevel office, in addition to a central park and outdoor amphitheater. Area retailers include Winn-Dixie, Walgreens, Office Max, Tuesday Morning, Pier 1 Imports, Dick’s Sporting Goods, Target, T.J. Maxx, Old Navy, Kohl’s and Books-A-Million. The site is adjacent to an upscale country club and residential development. For more information, contact Todd Becker, Retail Specialists, LLC; 205-3140396; Email: todd@retailspecialists.com; Web site: www.retailspecialists.com.
Retail Solutions is preleasing Lakeline Center, a shopping center located at the intersection of Lakeline Boulevard and Cypress Creek Road in Cedar Park, TX. Inline spaces and pad sites are available. The site is currently anchored by Sprout’s Farmers Market. Area retailers include Randalls, Walgreens, Starbucks, Dunkin’ Donuts, Bank of America, Gold’s Gym, Great Clips, Sonic Drive-In and What-a-Burger. Area demographics include a population of 168,633 within a five-mile radius earning $94,646 as the average household income. The average daily traffic count is 30,382 vehicles along Lakeline Boulevard. For more information, contact Fred Wendland, Retail Solutions, 3724 Executive Center Drive, Suite 220, Austin, TX 78731; 512-474-5557; Email: fred@retailsolutions.us; Web site: www.retailsolutions.us. Conviser Property Group, Inc. is preleasing the 17,000 sq.ft. expansion of a 185,000 sq.ft. mixed-use center, located along Washington Street/Route 53 in Hanover, MA. Small shop spaces are available. Target anchors the center and cotenants include PetSmart, Dollar Tree, Aspen Dental, Five Guy Famous Burgers and Fries, Sleepy’s, GameStop, Hunts Camera and Weight Watchers. Area retail includes Hanover Mall, featuring Macy’s, Panera Bread, Outback Steakhouse, Patriot Cinemas, Uno Chicago Grill and Walmart. Area demographics include a population of 66,523 within a fivemile radius earning $111,859 as the average household income. For more information, contact Jim Conviser or Dan Backer, Conviser Property Group, Inc., 858 Washington Street, Suite 306, Dedham, MA 02026; 781-320-0600, Fax 781-791-4955; Emails: jim@conviserpg.com and danb@conviderpg.com; Web site: www.conviserpg.com. DM
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Retail Specialists, LLC is preleasing The Back Porch at Ogeltree Village in Auburn, AL. February 27, 2015 | Page 3
BUYERS AND SELLERS Cushman & Wakefield is selling Widewater Square Shopping Center, a 106,457 sq.ft. shopping center located along Broad River Road in Columbia, SC. Bi-Lo anchors the 100% leased property and cotenants include Rent-A-Center, It’s Fashion Metro, Boost Mobile and Jackson Hewitt. Area demographics include a trade-area population of 50,236 within a three-mile radius. Area draws include University of South Carolina. The asking price is $8.99 million with a Cap rate of 8.25%. For more information, contact Mark Joines, Drew Fleming or Tyler Anderson, Cushman & Wakefield, 55 Ivan Allen Jr. Boulevard, Suite 700, Atlanta, GA 30308; 404-853-5281/5393/5374; Emails: mark.joines@cushwake.com; drew.fleming@cushwake.com and tyler.anderson@cushwake.com. Progressive Real Estate Partners recently negotiated the sale of a 7,194 sq.ft. retail center located along Foothill Boulevard in Fontana, CA. At the time of the sale, the property was 100% occupied and shadow-anchored by Brunswick Foothill Bowling Center and Walmart. The shopping center was acquired for $2.65 million. The company represented the seller in the transaction. For more information, contact Progressive Real Estate Partners; Web site: www.progressiverep.com. Frontline Real Estate Partners, LLC recently negotiated the sale of a 28,302 sq.ft. mixeduse property in Oswego, IL for $2.5 million. For more information, contact Frontline Real Estate Partners, LLC, 707 Skokie Boulevard, Suite 580, Northbrook, IL 60062; Web site: www.frontlinrepartners.com.
The Lord Cos., LLC is selling a retail space located at intersection of Congress Parkway South Dearborn Street in Chicago, IL. Area retailers include Meli Café, Gino’s East Restaurant, Dollop Café, 7-Eleven, Dunkin’ Donuts and Panera Bread. Area demographics include a population of 313,344 within a three-mile radius earning $87,292 as the average household income. The average daily traffic count is 70,000 vehicles along Congress Parkway South. Area draws include DePaul University’s Loop Campus. For more information, contact Chelsea Henderson or Keith Lord, The Lords Cos., LLC, 1033 West Van Buren, Seventh Floor, Chicago, IL 60607; 312-944-6270; Emails: chelsea@lordcompanies.com and keith@lordcompanies.com; Web site: www.lordcompanies.com. Retail Solutions, on behalf of a client, is seeking to acquire class A retail properties throughout TX, with a focus on the Austin and Dallas/Ft. Worth metropolitan areas. The company will also consider properties located in San Antonio and Houston. Suitable properties are priced between $3 million and $7 million. For more information, contact Ryan Hoff, Retail Solutions, 3724 Executive Center Drive, Suite 220, Austin, TX 78731; 512474-5557; Email: ryan@retailsolutions.us; Web site: www.retailsolutions.us. HFF, Miami is selling Promenades located in Port Charlotte, FL and Highlands Plaza in Lakeland, FL. Winn-Dixie is the anchor of both shopping centers. For more information, contact Danny Finkle, HFF, Miami, 1450 Brickell Avenue, Suite 2950, Miami, FL 33131; 305-4481333; Email: dfinkle@hfflp.com; Web site: www.hfflp.com.
Cushman & Wakefield is selling Widewater Square Shopping Center in Columbia, SC. Page 4 | February 27, 2015
CBRE, Inc. is selling Woodlands Plaza, a 61,373 sq.ft. shopping center located along East Los Angeles Avenue in Simi Valley, CA. The center is currently 81% occupied and tenants include Vons, Chase Bank, Goodwill, Subway, H&R Block, Frazee Paint, Pep Boys and Coco’s. Area demographics include a trade-area population within a three-mile radius earning $108,000 average household income. The average daily traffic count is 38,000 vehicles. The asking price is $17.2 million with a Cap rate of 8.1%. The company is also selling Millennium Towers, a 40,000 sq.ft. shopping center located along Gregory Street in Wichita Falls, TX. The property is currently 100% occupied and shadowanchored by Lowe’s Home Improvement. Area retailers include Walmart, Sam’s Club, Bed Bath & Beyond, PetSmart and Kohl’s. The asking price is $3.845 million with a Cap rate of 8.88%. The company also recently sold a 31,800 sq.ft. neighborhood shopping center located along Gallatin Road in Scottsville, KY. The company is also selling a freestanding Trader Joe’s supermarket located along Burbank Boulevard in Los Angeles, CA. The tenant is bound to a 10-year NNN lease. The asking price is $7.332 million with a Cap rate of 4.25%. For more information regarding Woodlands Plaza, contact Alex Kozakov, CBRE, Inc., 213-613-3031; Email: alex.kozakov@cbre.com; Web site: www.cbre.com. For more information regarding Millennium Towers, contact Jennifer Pierson; 214-979-6583; Email: jennifer.pierson@cbre.com. For more information regarding the site in KY, contact Paul Gaither; 615-248-1161; Email: paul.gaither@cbre.com. For more information regarding the Trader Joe’s property, contact Scott Riddles, Andrew K. Fosberg or Molly M. Busch; 2415 East Camelback Road, First Floor, Phoenix, AZ 85016; 949-725-8432 or 602-735-1723/1771; Emails: scott.riddles@cbre.com; andrew.fosberg@cbre.com and molly.busch@cbre.com. Orion Investment Real Estate recently negotiated the sale of Villa De Paz Plaza, located along West Indian School Road in Phoenix, AZ. At the time of sale, the property was 87% occupied. The shopping center was acquired for $1.435 million and the company represented the buyer and seller in the transaction. For more information, contact Andrew Harrison or Derek Buescher, Orion Investment Real Estate, 7135 East Camelback Road, Suite 202, Scottsdale, AZ 85251; 602-889-9379/480-689-4146; Emails: andrew.harrison@orionprop.com and derek.buescher@orionprop.com. DM Dealmakers Magazine | www.dealmakers.net
WHO’S OPENING AND WHERE Whole Foods Market, Inc. (512-477-4455) is planning to open a 40,000 sq.ft., two-level Whole Foods Market on the ground level of a 16-story residential complex located at the intersection of First Hill and Capitol Hill at Broadway and Madison in Seattle, WA during late 2017. The grocery store will be located near Seattle University. The company is also planning to open Whole Foods Market locations throughout western Canada, including a 40,000 sq.ft. supermarket along Blanshard Street in Saanich, Victoria in British Columbia during fall 2016 and a 42,000 sq.ft. store at South Park Centre, located along Calgary Trail Southwest in Edmonton, Alberta during summer 2017. The chain, offering organic and natural food items, currently operates more than 406 specialty supermarkets nationwide and in Canada and the United Kingdom and also operates under a spa concept trading as Milk + Honey Spa. Trader Joe’s (626-599-3700) is planning to open a 12,500 sq.ft. supermarket at the site of a former Ruby Tuesday’s restaurant along 28th Street, across from Centerpointe Mall, in Kentwood, MI during early 2016. It will be the company’s first location in western MI. The chain, offering more than 3,000 items under its private label, currently operates more than 400 specialty grocery stores throughout 40 states nationwide. Checkers Drive-In Restaurants, Inc. (813-283-7000) is planning to open six Checkers restaurants throughout the greater Chicago, IL market this year, including two locations in Joliet, one in Calumet City, one on the southwest side neighborhood of Chicago, one in Bedford Park and one in West Englewood. The company currently operates 804 restaurants, trading as Checkers and Rally’s.
South Beach Tanning Co. (407-829-2119), through a franchised expansion plan, is seeking to open two tanning salons in the Tampa Bay area of FL during the coming two years. The company currently operates more than 40 facilities located primarily throughout the northern and southeastern regions of the U.S.
Academy Sports + Outdoors (888-9222336) is planning to open a 62,000 sq.ft. store in Tupelo, MS. The company offers hunting, fishing and camping equipment, along with sports and leisure products, footwear and apparel, and currently operates nearly 200 locations throughout AL, AR, FL, GA, KS, LA, MS, MO, NC, OK, SC, TN and TX.
Erbert and Gerbert’s Sandwich Shop (800283-5241), through a franchised expansion plan, is looking to open six locations throughout IA, IN, MN, MT, ND, SD or WI during the year, with additional locations slated to open in MI and TX. The company currently operates more than 81 sandwich shops throughout eight states.
Primark Stores Limited based in the UK, is planning to open a Primark store at the site of a former Sears at Staten Island Mall in Staten Island, NY during 2016. The fashion chain is also opening stores in Danbury, CT and Freehold, NJ.
Smoothie King Franchises, Inc. (214302-5910) is planning to operate 1,100 Smoothie King units nationwide by 2017. The company, offering smoothies, energy bars, snack items and vitamin supplements, currently operates more than 700 locations worldwide. Focus Brands, Inc. (404-257-7040) is planning to open 10 to 12 McAlister’s Deli locations throughout Tampa and Hillsborough County, FL. The company currently operates more than 400 locations under the trade names Carvel, Cinnabon, Schlotzsky’s, Moe’s Southwest Grill, Auntie Anne’s and Seattle’s Best Coffee. f2O Holdings, LLC (770-817–9055) is planning to open eight Fresh to Order restaurants throughout NC over the course of the next five years. The restaurant chain, offering entrees, paninis, sandwiches, soups and salads, recently entered the Greenville, SC and Knoxville, TN markets.
Bach to Rock (877-227-8558), through a franchisee expansion plan, is looking to open music schools in the Boston, MA suburban market, as well as throughout NH and the Portland, ME area. Target Corp. (612-304-6073) is considering opening TargetExpress locations in the greater Philadelphia, PA market during 2016. The company, offering apparel, toys, housewares, pet supplies and electronics, currently operates more than 1,790 locations nationwide. Elevation Burger (703-243-7894) is planning to open locations throughout the Midwestern and southeastern regions of the U.S. this year. The company currently operates more than 30 fast-casual restaurants nationwide. PizzaRev (805-418-5202), through a franchised expansion plan, is opening pizzerias throughout CA, CO, MA, MN, MO, ND, NV, NY, OH, SD, TX, UT and Washington, DC. The company currently operates 15 corporate D restaurants and seven franchise locations. M
Orchard Supply Hardware (888-746-7674) is planning to open additional stores throughout CA and OR this year. The company, offering home improvement, hardware and garden supplies, currently operates 71 locations throughout CA and three stores in OR. The chain prefers to occupy spaces of 36,000 sq.ft., along with an 8,000 sq.ft. exterior nursery and garden space. Hennes & Mauritz AB (212-564-9922) is planning to open a 31,000 sq.ft. H&M store at Sundance Square, a 35-block mixeduse development located in Ft. Worth, TX. The company will join Ann Taylor Loft and Jos. A. Bank. The chain, offering men’s, women’s and children’s apparel, as well as accessories, currently operates 363 locations nationwide. Dealmakers Magazine | www.dealmakers.net
Target Corp. is considering opening TargetExpress locations in the greater Philadelphia, PA market during 2016. February 27, 2015 | Page 5
FOOD CHAINS EXPAND NATIONWIDE Bassett’s Original Turkey operates 18 locations throughout MD, NJ, NY and PA. The chain offers salads, wraps and sandwiches, and prefers to occupy spaces of 400 sq.ft. to 800 sq.ft. in food courts of malls, airports and toll plazas. Growth opportunities are sought along the Interstate 95 corridor areas of the eastern region of the U.S. during the coming 18 months, with representation by Great American Brokerage. Preferred demographics include a population of 250,000 within a five-mile radius earning $60,000 as the average household income. Bassett’s Memphis Barbeque operates two locations in the Philadelphia, PA metropolitan area. The restaurants occupy spaces of 600 sq.ft. to 900 sq.ft. in food courts and 2,000 sq.ft. in storefronts. Growth opportunities are sought throughout the existing market during the coming 18 months, with representation by Great American Brokerage. The company will only consider second-generation spaces. For more information, contact Paul Fetscher, Great American Brokerage, 100 West Park Avenue, Suite 309, Long Beach, NY 11561; 516-889-7200; Email: gtamerican@aol.com; Web site: www.restaurantexpert.com. IHOP operates more than 2,000 locations nationwide. The casual dining restaurants occupy spaces of 4,500 sq.ft. to 5,500 sq.ft. in endcaps of shopping centers and freestanding locations. Growth opportunities are sought throughout Hudson, Passaic, Sussex, Warren, Monmouth, Atlantic, Hunterdon, Somerset, Middlesex, Mercer & Ocean counties in NJ and Richmond and Suffolk counties in NY during the coming 18 months, with representation by The Goldstein Group.
For more information, contact Chuck Lanyard, The Goldstein Group, 45 Eisenhower Drive, Paramus, NJ 07652; 201-703-9700; Email: clanyard@thegoldsteingroup.com; Web site: www.thegoldsteingroup.com. PDQ operates 35 locations throughout AL, AZ, FL, GA, NC, NV, SC and TX. The fast-casual dining restaurants prefer to occupy spaces of 3,300 sq.ft. to 4,300 sq.ft. in freestanding locations. Plans call for 20 openings throughout the existing areas during 2015, with representation by DeBartolo Development. The company prefers to occupy buildings on land areas of one to 1.2 acres at hard corner, signalized intersections and to acquire sites. For more information, contact Seth Layton, DeBartolo Development, 4401 West Kennedy Boulevard, Third Floor, Tampa, FL 33609; 813-676-8496; Email: pdq@debartolodevelopment.com; Web site: www.debartolodevelopment.com. Brick House Tavern + Tap operates 23 locations throughout CO, FL, IL, KY, MO, NJ, NY, OH, PA and TX. The bar/restaurants prefer to occupy spaces of 7,000 sq.ft. to 8,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the Baltimore, MD metropolitan area and Washington, DC during the coming 18 months, with representation by Sax Realty, Inc. The company will also consider locating in urban central business districts. For more information, contact Les Sax, Sax Realty, Inc., 4931 Cordell Avenue, Bethesda, MD 20814; 240-497-1192; Email: lsax@saxrealty.com; Web site: www.saxrealty.com.
Starbucks is seeking growth opportunities throughout northern DE, southern NJ and eastern PA during the coming 18 months. Page 6 | February 27, 2015
Olive Mediterranean Grill operates three locations in Chicago and Evanston, IL. The restaurants prefer to occupy spaces of 1,500 sq.ft. to 2,000 sq.ft. in strip centers. Growth opportunities are sought throughout the Streeterville, Loop, Bucktown, Taylor Street, Gold Coast, River North, Southport Corridor, South Lakeview Oak Park, Park Ridge, Schaumburg and Oak Brook areas of IL during the coming 18 months, with representation by Baum Realty Group. The company prefers sites with outdoor patio seating. Piada Italian Street Food operates 22 locations throughout IN and OH. The fast-casual Italian restaurants prefer to occupy spaces of 2,600 sq.ft. to 3,000 sq.ft. in endcaps and outlots of shopping centers, as well as freestanding locations. Growth opportunities are sought throughout the metropolitan surrounding areas of Chicago, IL during the coming 18 months, with representation by Baum Realty Group. For more information, contact Allen Joffe, Baum Realty Group, 1030 West Chicago Avenue, Chicago, IL 60642; 312-275-3120; Email: allen@baumrealty.com; Web site: www.baumrealty.com. Starbucks operates more than 21,000 locations nationwide and internationally. The coffee shops occupy spaces of 1,850 sq.ft. in endcaps of shopping centers and freestanding locations. Growth opportunities are sought throughout northern DE, southern NJ and eastern PA during the coming 18 months, with representation by Equity Retail Brokers. For more information, contact Rob Samtmann, Equity Retail Brokers, 101 West Elm Street, Suite 370, Conshohocken, PA 19428; 610-6457700 Ext. 108, Fax 610-645-5454; Email: rsamtmann@equityretailbrokers.com; Web site: www.equityretailbrokers.com. Beach Hut Deli, LLC trades as Beach Hut Deli at 37 locations throughout CA and NV. The gourmet delis, also offering craft beer, occupy spaces of 1,500 sq.ft. to 2,000 sq.ft. in power and entertainment centers, regional malls and urban/downtown areas. Plans call for 10 to 14 openings throughout AZ, CA, CO, NV, TX and UT during the coming 18 months, with representation by CitiVest. Typical leases run five to seven years. Preferred demographics include a population of 125,000 within a three-mile radius earning $75,000 as the average household income. Major competitors include Which Wich, Jersey Mike’s, Firehouse Subs and McAlister’s Deli. For more information, contact Jim Donnell, CitiVest, 4340 Von Karman Avenue, Newport Beach, CA 92660; 949-244-5972; Email: jdonnell@citivestinc.com; Web site: D www.beachhutdeli.com. M Dealmakers Magazine | www.dealmakers.net
EXCLUSIVES AND TENANT REPS Edgemark Commercial Real Estate Services, LLC (630-572-5632) has recently been appointed as the exclusive leasing agent for the following shopping centers throughout IL: a 6,000 sq.ft. development located along Orchard Road in Oswego; Ferris Plaza, an 8,379 sq.ft. shopping center located in Morton Grove; Hamra Plaza, an 8,000 sq.ft. shopping center located at the intersection of Kirk Road and Mesa Lane in Aurora; Hamra Plaza, an 11,900 sq.ft. center located along East 162nd Street in South Holland; Panera Plaza, a 5,768 sq.ft. center in West Dundee and Metropolitan Square, a 97,241 sq.ft. shopping center located along Market Street in Des Plaines. NAI Hanson Partners (201-488-5800) has recently been appointed as the exclusive leasing agent for Washington Town Center, a 109,544 sq.ft. mixed-use center located along Pascack Road in Washington Township, NJ. Shop spaces from 1,310 sq.ft. to 3,205 sq.ft. are available. Cotenants include A&P, United States Postal Service, PNC Bank, Bowtie Cinema, Subway and Dunkin’ Donuts. Divaris Real Estate, Inc. (571-620-5143) is representing Payless Car Rental with its expansion plans near Dulles International Airport in Dulles, VA. The company prefers to locate in areas within a 10-minute drive-time to the airport, with an outdoor covered space to wash cars and the ability to park 60 vehicles. Commercial Retail Advisors, LLC (520-290-3200) has been retained as the exclusive sales agent for Sahuarita Plaza, a 14,629 sq.ft. shopping center located at the intersection of La Canada Drive and Duval Mine Road in Sahuarita, AZ. The property is currently 100% occupied and anchored by Safeway supermarket. The asking price is $4.58 million with a Cap rate of 7.25%.
HOME-RELATED CHAINS EXPAND NATIONWIDE (continued from page one)
Hastens operates locations in U.S. and internationally. The stores, offering luxury bedding products, occupy spaces of 2,500 sq.ft. to 3,000 sq.ft. in urban street fronts. Plans call for three openings in the U.S. during 2015, with representation by The Greenberg Group, Inc. Roche Bobois operates 250 locations throughout the U.S. and internationally. The stores, offering European-style furniture items, occupy spaces of 5,000 sq.ft. to 7,000 sq.ft. in outlet centers. Plans call for three openings throughout Greenwich, CT; Chicago, IL; Paramus, NJ and Manhasset and the upper west side area of New York, NY during 2015, with representation by The Greenberg Group, Inc. Yogibo operates 19 locations throughout CT, MA, ME, NH, NJ, NY and RI. The stores sell bean bag chairs designed as furniture for indoor or outdoor use, as well as for home dĂŠcor items and accessories. The chain is seeking to occupy spaces of 1,500 sq.ft. to 2,000 sq.ft. in malls and street fronts. Plans call for 25 openings throughout the northeastern and mid-Atlantic regions of the U.S. during 2015, with representation by The Greenberg Group, Inc. For more information regarding Hastens or Roche Bobois, contact Steven Greenberg, The Greenberg Group, Inc., 1200 West Broadway, Hewlett, NY 11557; 516-295-0406; Email: sgreenberg@thegreenberggroup.com; Web sites: www.thegreenberggroup.com and www.hastens.com. For more information regarding Yogibo, contact Zack Gross, Email: zack@thegreenberggroup.com; Web site: www.yogibo.com.
W.E. Aubuchon Co., Inc. trades as Aubuchon Hardware at 118 locations throughout CT, MA, ME, NH, VT and the Adirondack area of NY. The stores, offering paint, electrical and plumbing supplies, lawn and garden products, tools and farm and pet supplies, occupy spaces of 9,500 sq.ft. to 12,000 sq.ft. in freestanding locations and endcaps of strip centers. Growth opportunities are sought throughout CT, MA, ME, NH, NY and VT during the coming 18 months. Typical leases run 10 years with three, five-year options. Major competitors include big box retailers and independent hardware stores. The company requires sites to have an additional 1,200 sq.ft. to 1,800 sq.ft. for storage space, as well as exterior rights which must include a propane filling station and pallet display / garden center area. Locations in secondary and rural areas are also of interest. For more information, contact Gregory Moran, W.E. Aubuchon Co., Inc., 23 West Main Street, Westminster, MA 01473; 978874-6578; Email: gmoran@aubuchon.com; Web site: www.aubuchon.com. DM
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Jones Lang LaSalle (214-438-6482) has recently been appointed as the exclusive sales agent for Crossroads Corners, a 19,995 sq.ft. shopping center situated on 2.532 acres along Highway 287 in Ft. Worth, TX. The property is currently 94% occupied and shadow-anchored by Walmart Supercenter. Retail Solutions (512-474-5557) is representing Einstein Bagels with their expansion plans throughout Austin, TX. The bagel shops prefer to occupy spaces of 1,800 sq.ft. to 2,200 sq.ft. with a drive-thru. CBRE | Raleigh (919-831-8200) has recently been appointed as the exclusive leasing agent for the 15,000 sq.ft. ground floor retail portion of Citrix Systems, located at the intersection of West Morgan Street and South West Street in Raleigh, NC. DM Dealmakers Magazine | www.dealmakers.net
Aubuchon Hardware is seeking growth opportunities throughout CT, MA, ME, NH, NY and VT during the coming 18 months. February 27, 2015 | Page 7
REAL ESTATE PROFESSIONALS MAKING THE NEWS Pembrook Capital Management, LLC (212-906-8680) recently appointed Terence F. Baydala to managing director. In his new role, Baydala will be responsible for loan originations, including pricing, structuring, syndication, and loan documentation at the company’s New York, NY office. Prior to joining the company, he served as executive vice president, head of structured finance at Meridian Capital Group. The company specializes in first mortgages, mezzanine, bridge loans, note financings and preferred equity services. The Greysteel Co. (202-280-2722) recently promoted Caleb Brown to senior investment associate. In his new role, Brown will focus on expanding the company’s presence in Philadephia, PA and serving as the primary point of contact for clients. Boston Realty Advisors (617-850-9667) recently appointed Whitney E. Gallivan as partner and managing director to co-run the firm’s retail real estate division. Prior to joining the company, she served in the capital markets group at HFF. DM
LEASE SIGNINGS Equity Retail Brokers (610-645-7700) recently negotiated a lease with PPG Pittsburgh Paints for 4,240 sq.ft. at Northtowne Plaza, located at the intersection of Route 202 and Germantown Pike in East Norriton, PA. Rob Samtmann of Equity Retail Brokers represented the tenant and Tornetta Realty represented the landlord in the transaction. High Street Retail USA (214-560-3215) recently negotiated a lease with Crazy Flats quick-casual restaurant for 2,434 sq.ft. at Market Street at Heath Brook, located along Southwest College Road in Ocala, FL. Sharon Dresser of High Street Retail USA represented the landlord in the transaction. Divaris Real Estate, Inc. (757-497-2113) recently negotiated a lease with DaVita Kidney Care for 10,175 sq.ft. at Ashdale Plaza, located along Dale Boulevard in Dale City, VA. Susan McGee of Divaris Real Estate, Inc. represented the landlord in the transaction. Winick Retail Specialists (212-792-2636) recently negotiated a lease with Schnippers for space at One New York Plaza in New York, NY.
Soloff Realty & Development, Inc. (610834-0400) recently negotiated the following leases with Simply Fashion throughout PA: for 3,345 sq.ft. at the intersection of 52nd Street and Market Street in Philadelphia; for 4,370 sq.ft. at Overbrook Plaza, located at the intersection of Lancaster Avenue and North 56th Street in Philadelphia and for 2,964 sq.ft. at Woodland Village, located at the intersection of South 61st Street and Woodland Avenue in Philadelphia. The company also negotiated the following leases with dots: for 4,050 sq.ft. at Audubon Crossing, located at the intersection of East Black Horse Pike/Route 168 and Nicholson Road in Audubon, NJ; for 4,250 sq.ft. at Whitehall Square in Whitehall, PA and for 7,040 sq.ft. at Taylor Commons, located along South Main Avenue in Scranton, PA. LMS Commercial Real Estate (717-5699373) recently negotiated a lease with Mad Chef Craft Brewing for 3,000 sq.ft. at Village Commons, a 36,355 sq.ft. shopping center located along Miller Road in East Petersburg, PA. Wilay Boensch of LMS Commercial Real Estate represented the landlord and Jim Wentz of High Associates represented the tenant in the transaction. DM
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FreestandingTenants.com gets you access to the real estate decision maker for over 2,000 retailers looking to occupy freestanding, single-tenant and outparcel locations. The directory includes national and regional chains in addition to new concepts with 60+ types of retail uses. Visit FreestandingTenants.com for a demo today! Dealmakers Magazine | www.dealmakers.net
LEAD SHEET Bridgestone Retail Operations, LLC dba Tires Plus, Wheel Works, Hibdon Tires and Morgan Tire & Auto Ron Ricks 4219 Roswell Road, Suite A Marietta, GA 30062 770-321-4488, Fax 770-321-2240 Email: rricks@bfrc.com Web site: www.bsro.com
Automotive The chain operates more than 2,200 locations nationwide. The automotive service centers occupy spaces of 8,500 sq.ft. in freestanding locations and outlots of malls, power and strip centers, as well as urban/downtown areas. Growth opportunities are sought throughout the existing market during the coming 18 months. Preferred demographics include a population of 30,000 within three miles earning $30,000 as the average household income.
Daniels Tire Service, Inc. dba Daniels Tire Service John Daniels 11850 East Slauson Avenue Santa Fe Springs, CA 90670 562-698-9401 Email: danielstireservice@gmail.com Web site: www.danielstireservice.com
Automotive The 14-unit chain operates locations throughout southern CA. The automotive service centers occupy spaces of 8,000 sq.ft. to 12,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing market during the coming 18 months.
Precision Auto Care, Inc. dba Precision Tune Auto Care Lee Oppenheim 748 Miller Drive Southeast Leesburg, VA 20175 800-438-8863, Fax 703-669-1539 Email: franchising@precisionac.com Web site: www.precisiontune.com
Automotive The chain operates more than 340 locations nationwide and internationally. The automotive service centers occupy spaces of 4,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run five to 10 years.
TBC Corp. dba Midas, Big O Tire, SpeeDee, NTB, Tire Kingdom Steve Knapton 4300 TBC Way Palm Beach Gardens, FL 33410 312-560-0433 Email: sknapton@midas.com
Automotive The chain operates more than 2,100 locations nationwide and in Canada. The automotive service centers occupy spaces of 3,500 sq.ft. to 6,000 sq.ft. in freestanding locations and endcaps of shopping centers. Growth opportunities are sought throughout AK, AZ, CA, CO, HI, ID, KS, LA, MS, MT, ND, OR, TX, UT and WA during the coming 18 months. Expansion is franchise-driven.
Tuffy Associates Corp. dba Tuffy Auto Service Center and Car X David Schak 7150 Granite Circle Toledo, OH 43617 419-865-6900, Fax 419-865-7343 Email: dave@tuffy.com Web site: www.tuffy.com
Automotive The 375-unit chain operates locations throughout AL, FL, IA, IL, IN, MI, MN, MO, NC, ND, NE, NJ, OH, SC, SD, TN, TX, VA and WI. The automotive service centers occupy spaces of 3,900 sq.ft. to 5,800 sq.ft. in freestanding locations, power and strip centers. Growth opportunities are sought throughout existing markets, excluding MO, NJ and VA during the coming 18 months.
Russell Speeder’s dba Russell Speeder’s Car Wash Mike Shullman 297 Main Avenue Norwalk, CT 06851 203-249-2694, Fax 203-972-9354 Email: mshullman@rscw.net Web site: www.russellspeeders.com
Car Wash The 22-unit chain operates locations throughout CA, CT, FL, IA, MI, MO, NE, NY and OH. The car wash facilities occupy freestanding locations of 3,500 sq.ft. Plans call for two openings nationwide during the coming 18 months.
Dealmakers Magazine | www.dealmakers.net
February 27, 2015 | Page 9
LEAD SHEET Goddard Systems, Inc. dba Goddard School Rob Skibjak 1016 West 9th Avenue King of Prussia, PA 19406 610-265-8510 Ext. 401, Fax 610-205-1800 Email: realestate@goddardschoolsystems.com Web site: www.goddardschool.com
Childcare The 427-chain operates locations nationwide. The childcare learning centers occupy spaces of 8,000 sq.ft. to 10,000 sq.ft. in freestanding locations and endcaps of shopping centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run 15 years. The company prefers to locate near elementary schools, medical offices and upscale residential areas and will also consider retro-fits and build-tosuits. A land area of one to 1.5 acres is required for freestanding locations.
Pump N Pantry, Inc. dba Pump N Pantry Scott Quigg 754 Grow Avenue Montrose, PA 18801 570-278-1129, Fax 570-278-2327 Email: squigg@pumpnpantry.com Web site: www.pumpnpantry.com
Convenience The 17-unit chain operates locations throughout PA. The convenience stores, with gasoline facilities, occupy spaces of 3,000 sq.ft. to 4,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout northeastern and north central areas in PA during the coming 18 months. A land area of two acres is required. The company prefers to acquire sites and will be operating 18 locations by the fourth quarter of this year.
L Brands dba Bath & Body Works Kim Menz 3 Limited Parkway Columbus, OH 43230 614-415-1784, Fax 614-415-1144 Web site: www.limitedbrands.com
Cosmetics The chain operates more than 1,600 locations nationwide and in Canada. The stores, offering bath, body and beauty products, occupy spaces of 2,500 sq.ft. to 5,500 sq.ft. in malls, specialty centers and street fronts. Growth opportunities are sought throughout select markets nationwide and in Canada during the coming 18 months.
Target Steve Niggeman c/o Metro Commercial Real Estate, Inc. 161 Washington Street. Suite 375 Conshohocken, PA 19428 610-825-5222, Fax 610-825-5156 Web site: www.metrocommercial.com
Discount The 1,790-unit chain operates locations nationwide. The stores, offering apparel, footwear, electronics, sporting goods and home dĂŠcor items, occupy spaces of 125,000 sq.ft. to 135,000 sq.ft. in freestanding locations and power centers. Growth opportunities are sought throughout Philadelphia, and in central, eastern and western areas in PA, as well as in southern NJ during the coming 18 months, with representation by Metro Commercial Real Estate, Inc.
iPic Theaters David Greenman c/o Silbert Realty & Management Co., Inc. 85A Division Avenue Millington, NJ 07946-0406 908-604-6900, Fax 908-604-2030 Web site: www.ipictheaters.com
Entertainment The 12-unit chain operates locations throughout AZ, CA, FL, IL, MD, TX, WA and WI. The movie theaters, featuring oversized leather seats, and offering food and alcoholic beverages, occupy spaces of 30,000 sq.ft. to 75,000 sq.ft. Growth opportunities are sought throughout NJ during the coming 18 months, with Silbert Realty & Management Co., Inc.
R/C Theatres Management Corp. dba R/C Theatres Scott Cohen 231 West Cherry Hill Court Reisterstown, MD 21136 410-526-4774, Fax 410-526-6871 Email: scottr356@aol.com Web site: www.rctheatres.com
Entertainment The 11-unit chain operates locations throughout CT, FL, MD, NC, PA and VA. The movie theaters occupy spaces of 22,000 sq.ft. to 53,000 sq.ft. in entertainment and lifestyle centers. 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.
Page 10 | February 27, 2015
Dealmakers Magazine | www.dealmakers.net
LEAD SHEET Regal Entertainment Group dba Regal Cinemas, United Artists and Edwards Theatres Todd Boruff 7132 Regal Lane Knoxville, TN 37918 865-922-1123, Fax 865-925-9754 Email: todd.boruff@regalcinemas.com Web site: www.regmovies.com
Entertainment The chain operates more than 570 locations nationwide in 42 states and internationally. The movie theaters occupy spaces of 30,000 sq.ft. to 60,000 sq.ft. in malls, entertainment, lifestyle, mixed-use and power centers. Plans call for five to 12 openings nationwide annually. The company prefers to be the anchor position in shopping centers.
Flywheel Sports dba Flywheel and Fly Barre Tracy McIntosh 150 Amsterdam Avenue New York, NY 10026 646-661-7404 Email: tracy@flywheelsports.com Web site: www.flywheelsports.com
Fitness The 31-unit chain operates locations throughout CA, CT, FL, GA, IL, MA, NC, NJ, NY, PA, TX and WA. The fitness centers, offering indoor cycling classes and body sculpting classes, occupy spaces of 3,300 sq.ft. to 5,000 sq.ft. in freestanding locations, power and strip centers, as well as urban areas. Plans call for 40 openings nationwide during the coming 18 months. Typical leases run five to 10 years. A vanilla shell is required. Preferred cotenants include upscale retailers, fitness fashion retailers and health related retailers.
Jared – The Galleria of Jewelry 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
Jewelry The chain operates more than 200 locations nationwide. The jewelry stores occupy spaces of 4,500 sq.ft. to 6,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the Baltimore, MD and Washington, DC metropolitan areas during the coming 18 months, with representation by Sax Realty, Inc.
Mori Luggage & Gifts, Inc. dba Mori Luggage & Gifts and Mori Classics Gwin Hammond 3595 McCall Place Atlanta, GA 30340-2801 770-451-6674, Fax 770-458-3334 Email: ghammond@moriluggage.com Web site: www.moriluggage.com
Luggage The 29-unit chain operates locations throughout AL, FL, GA, NC, SC and TN. The stores, offering luggage and related travel items, occupy spaces of 2,000 sq.ft. to 2,500 sq.ft. in regional malls and lifestyle centers. Growth opportunities are sought throughout the existing markets during the coming 18 months.
BizCard Xpress Julia Sosa c/o LandQwest Commercial 3700 34th Street, Suite 302 Orlando, FL 32805 407-660-7500, Fax 407-660-7600 Email: jsosa@lqwest.com Web site: www.lqwest.com
Printing The 32-unit chain operates locations nationwide. The company sells brochures, signs and banners and offers logo and graphic design services. Preferred sites include spaces of 1,200 sq.ft. to 1,600 sq.ft. in strip centers. Growth opportunities are sought throughout FL during the coming 18 months, with representation by LandQwest Commercial.
SEE, Inc. dba SEE Eyewear Steven Laffey 19800 West 8 Mile Road Southfield, MI 48075 248-354-7100 Ext. 240, Fax 248-354-9074 Email: slaffey@seeeyewear.com Web site: www.seeeyewear.com
Optical The 38-unit chain operates locations nationwide. The stores, offering designer frames, prescription sunglasses and contact lenses, occupy spaces of 750 sq.ft. to 1,200 sq.ft. in malls, lifestyle centers and street fronts. Plans call for two to five openings throughout the existing market during the coming 18 months.
Dealmakers Magazine | www.dealmakers.net
February 27, 2015 | Page 11
LEAD SHEET The UPS Store Eddie Pershin c/o Atlas Realty Group 11016 Rushmore Drive, Suite 160 Charlotte, NC 28277 704-494-7018 Email: eddiepershin@atlasrealtygroup.org Web site: www.atlasrealtygroup.org
Shipping The company operates more than 4,400 locations nationwide. The stores, offering shipping, postal, printing and business center services, occupy 1,000 sq.ft. to 1,600 sq.ft. in endcaps and inline spaces of shopping centers. Growth opportunities are sought throughout select markets in NC and SC during the coming 18 months, with representation by Atlas Realty Group. Preferred cotenants include grocery stores.
Muse Paintbar Zack Gross c/o The Greenberg Group, Inc. 1200 West Broadway Hewlett, NY 11557 516-295-0406 Email: zack@thegreenberggroup.com Web site: www.musepaintbar.com
Specialty The seven-unit chain operates locations throughout CT, MA, ME, NH, NY and RI. The company offers painting sessions within a bar/restaurant atmosphere, and is seeking to occupy spaces of 1,800 sq.ft. to 2,500 sq.ft. in lifestyle centers and street fronts. Plans call for 15 openings throughout the northeastern region of the U.S. during the year, with representation by The Greenberg Group, Inc.
SkyZone 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.skyzone.com
Specialty The chain operates more than 110 locations nationwide. The indoor trampoline facilities occupy spaces of 20,000 sq.ft. to 35,000 sq.ft. in freestanding locations, power and strip centers and urban/downtown areas. Growth opportunities are sought throughout Fairfield and New Haven counties in CT during the coming 18 months, with representation by Saugatuck Commercial Real Estate, LLC.
PGA Tour Superstore Steve Miller or Bill Rotella c/o The Rotella Group, Inc. 3300 North Federal Highway, Suite 200 Ft. Lauderdale, FL 33306 954-568-9015, Fax 954-568-9597 Web site: www.rotellagroup.com
Sporting Goods The chain operates more than 20 locations throughout AZ, CA, CO, FL, GA, IL, NJ, NY, SC and TX. The stores, offering golf-related products, apparel and footwear, along with tennis apparel, accessories and footwear, occupy spaces of 50,000 sq.ft. in freestanding locations and shopping centers. Growth opportunities are sought throughout southeastern FL during the coming 18 months, with representation by The Rotella Group, Inc.
GNC John Stokes 300 6th Avenue Pittsburgh, PA 15222 412-402-7234, Fax 412-338-8900 Email: john-stokes@gnc-hq.com Web site: www.gnc.com
Vitamins The chain operates more than 8,800 locations nationwide and internationally. The stores, offering vitamin, minerals, supplements and health food items, occupy spaces of 1,500 sq.ft. to 1,800 sq.ft. in malls, power and specialty centers. Growth opportunities are sought throughout IL, IN, NJ, OH and PA during the coming 18 months.
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 27, 2015
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SPACE PLACE Alabama
California
Florida
Centre – Cherokee Plaza, a center located at the intersection of Highway 9 and Highway 411, has spaces from 2,582 sq.ft. to 19,000 sq.ft. available. Cotenants include Goody’s, Hibbett Sports, Fred’s, Dollar General, Funtime Skating and Tobacco Express. Area demographics include a population of 6,055 within three miles earning $61,526 as the average household income. The average daily traffic count is 7,500 vehicles. For more information, contact Richard Davies, Lone Star Equities, Inc., 100 Atlantic Avenue, Lynbrook, NY 11563; 516-5993700, Fax 516-599-0992; Email: nyo@lseint.com; Web site: www.lseint.com.
For more information, contact Josh Amoroso, Aaron Dan, Kurt Grundman, Nick Schmidter or Steve Cutter, Lockehouse, 433 Airport Boulevard, Suite 426, Burlingame, CA 94010; 650-548-2686; Email: amo@lockehouse.com; Web site: wwwlockehouse.com.
Coconut Grove – Grove Station Tower, located off of US-1 along 27th Avenue, has spaces from 1,049 sq.ft. to 1,430 sq.ft. available. Area demographics include a trade area population within one mile earning $73,500 as the average household income. For more information, contact Claire Waxenberg, Centre-Line Real Estate, 305576-9008 Ext. 4; Email: cw@centre-line.com; Web site: www.centre-line.com.
California Emeryville – The Public Market, a 300,000 sq.ft. mixed-use development located along Shellmound Street, has kiosks, inline spaces and anchor spaces available. Cotenants include Urban Outfitters, Guitar Center, InShape Health Club and Hot Italian Pizza Bar. Area demographics include a population of 394,581 within five miles earning $89,861 as the average household income.
Delaware Dover – Camden Square, located at the intersection of Lebanon Road and South Dupont Highway, has pad sites of 4,590 sq.ft., 6,160 sq.ft. and 14,739 sq.ft. available. Cotenants include Wawa. Area retailers include Walmart Supercenter, Dollar Tree, Verizon Wireless, Movie Stop and Lowe’s. Area demographics include a population of 71,294 within five miles earning $68,348 as the average household income. For more information, contact Joe Dougherty, Metro Commercial Real Estate, Inc., Eight Tower Bridge, 161 Washington Street, Suite 375, Conshohocken, PA 19428; 610-260-2670; Email: jdougherty@metrocommercial.com; Web site: www.metrocommercial.com.
OPTIMIZE YOUR
TENANT MIX ANALYSIS • MODELING • STRATEGY • PROSPECTING
Orlando – Pointe Orlando, a 406,190 sq.ft. lifestyle center located along International Drive, has spaces from 1,000 sq.ft. to 50,000 sq.ft. available. Cotenants include The Capital Grille, Tommy Bahama’s, Bar and Store, B.B. King’s Blues Club, Maggiano’s Little Italy and Regal Cinemas. Area demographics include a population of 33,682 within three miles earning $94,641 as the average household income. For more information, contact Jason Kaiser, SRS Real Estate Partners, 200 South Orange Avenue, Suite 1300, Orlando, FL 32801; 407-310-3001; Email: jason.kaiser@srsre.com; Web site: www.srsre.com. Tamarac – Sunshine Plaza, located at the intersection of West Commercial Boulevard and State Road 7/US 441, has spaces of 1,500 sq.ft., 3,701 sq.ft. and 5,010 sq.ft. available. Cotenants include Old Time Pottery, Publix, Marshalls, Rainbow, Sally Beauty Supply, Metro PCS, Krispy Kreme and Subway. Area demographics include a population of 451,060 within five miles earning $44,644 as the median household income. For more information, contact David Eggnatz or Daniel Solomon, Katz & Associates, 2300 Glaes Road, Suite 460W, Boca Raton, FL 33431; 561-869-4344/4351; Email: davideggnatz@dkatz.com; Web site: www.katzassociates.com.
Illinois
1.800.732.5856 • ann@dealmakers.net Page 14 | February 27, 2015
Bloomingdale – A 5,500 sq.ft. freestanding building is available for lease at the intersection of Gary Avenue and Ring Road. Area retailers include Sears, Macy’s, Kohl’s, Burlington, Party City, PetSmart, Buffalo Wild Wings and Outback Steakhouse. Area demographics include a population of 263,896 within five miles earning $94,508 as the average household income. For more information, contact Luke Sementa or James Schutter, Newmark Grubb Knight Frank Retail, 500 West Monroe Street, Suite 2900, Chicago, IL 60661; 312224-3974/2310; Email: lsementa@ngkf.com. Dealmakers Magazine | www.dealmakers.net
SPACE PLACE Illinois
Illinois
Maryland
Calumet City – Calumet Center, a 162,174 sq.ft. center located at the intersection of 159th Street and Torrence Avenue, has a space of 25,280 sq.ft. available. Cotenants include Big Lots, Fallas, Marshalls, Party City, Petco, Ross Dress for Less, Taco Bell and Long John Silver’s. Area demographics include a population of 260,648 within five miles earning $55,634 as the average household income. For more information, contact Matthew Smetana or Mike Wesley, Edgemark Commercial Real Estate Services, LLC, 2215 York Road, Suite 503, Oak Brook, IL 60523; 630-572-5632/5610, Fax 630-472-1019; Email: msmetana@edgemarkllc.com; Web site: www.edgemarkllc.com.
For more information, contact Meghan O’Neal or Michael O’Neal, Coldwell Banker Commercial, 802 South Eldorado Road, Bloomington, IL 61704; 309664-3617, Fax 309-834-1782; Email: meghan.oneal@cbhoa.com; Web site: www.cbhoacommercial.com.
sq.ft., 1,400 sq.ft., 4,380 sq.ft. and 4,820 sq.ft. available, along with a potential 10,000 sq.ft. pad site. Cotenants include Food Lion, KFC/A&W, Advance Auto Parts, Dollar General and Edible Arrangements. Area demographics include a population of 46,525 within five miles earning $100,453 as the average household income. For more information, contact J. Duggan Hirt or John Marigliano, Renaud Consulting, 8605 Westwood Center Drive, Suite 410, Vienna, VA 22182; 571-765-4432/4423; Email: dhirt@renaudconsulting.net; Web site: www.renaudconsulting.net.
Chicago – Chestnut Place, located at the intersection of State Street and Chestnut Street, has street level retail spaces of 748 sq.ft., 1,370 sq.ft., 2,043 sq.ft. and 2,616 sq.ft. available. Cotenants include Marc Jacobs, Saint Laurent, Brioni, BHLDN, Starbucks, Tempo, Barneys New York and Hermés. For more information, contact Adam Secher or Janika Brenner, Baum Realty Group, 312275-3130/3119; Email: adam@baumrealty.com; Web site: www.baumrealty.com. Lake Zurich – A center located along West Route 22, has a space of 1,721 sq.ft. available. Area retailers include Jewel-Osco, Target, T.J. Maxx, Petco, Party City, Dollar Tree, El Jardin, Sleepy’s, Home Depot and Costco Wholesale. Area demographics include a population of 37,742 within three miles earning $146,709 as the average household income. For more information, contact Larry Kling, Metro Commercial Real Estate, 56 Skokie Valley Road, Highland Park, IL 60035; 847849-1525; Email: lkling@metrocre.com; Web site: www.metrocre.com. Normal – Constitution Trail Centre, a 202,489 sq.ft. power center located along Main Street at the intersection of Interstate 55 and Rabb Road, has spaces from 1,055 sq.ft. to 11,362 sq.ft. available, along with outlots. Cotenants include Schnucks Grocery, Starplex Movie Theater, Dollar Tree, Anytime Fitness, Subway, Moe’s Southwest Grill, Great Clips, The Digital Store, Emma’s Eatery and SNS Beauty Supply. Area demographics include a population of 112,230 within five miles earning $49,909 as the average household income. The average daily traffic count is 30,000 vehicles. The asking rent is $9 to $12 psf. Dealmakers Magazine | www.dealmakers.net
Wheaton – Wheaton Center, located at the intersection of Roosevelt Road and President Street, has a space of 1,257 sq.ft. available. Cotenants include Dunkin’ Donuts and Jet’s Pizza. Area demographics include a population of 111,190 within three miles earning $114,014 as the average household income. The average daily traffic count is 51,400 vehicles. For more information, contact Mike Mallon, DK Mallon, 107 Adell Place, Elmhurst, IL 60126; 630-592-4154; Email: mike.mallon@dkmallonre.com; Web site: www.dkmallonre.com.
Massachusetts
Cedar Falls – Thunder Ridge Court, a 30,000 sq.ft. mixed-use center located at the intersection of Highway 57 and Magnolia Drive, has spaces from 225 sq.ft. to 27,921 sq.ft. available. Cotenants include CVS, H&R Block, Home Interiors, Waterloo General Market and Oakley Retail. Area demographics include a population of 39,561 within five miles earning $54,088 as the average household income. The average daily traffic count is 13,000 vehicles. The asking rent is $11 psf. For more information, contact Richard Davies, Lone Star Equities, Inc., 100 Atlantic Avenue, Lynbrook, NY 11563; 516-5993700, Fax 516-599-0992; Email: nyo@lseint.com; Web site: www.lseint.com.
Brookline – A 2,400 sq.ft. street level retail space is available along Beacon Street. Area retailers include Whole Foods Market, Dunkin’ Donuts, True Value Hardware, Tatte Bakery, Brookline Bank and Elephant Walk. Area demographics include a population of 74,204 within one mile earning $55,160 as the median household income. Newton – A 5,760 sq.ft. freestanding building is available along Needham Street. Area retailers include Panera Bread, Omaha Steaks, T.J. Maxx, Massage Envy, Starbucks, Marshalls, Petco and Staples. Area demographics include a population of 45,325 within two miles earning $132,799 as the median household income. The average daily traffic count is 33,000 vehicles. For more information regarding the Brookline property, contact Jim Conviser or Adam Conviser, Conviser Property Group, 858 Washington Street, Suite 306, Dedham, MA 02026; 781-320-0600, Fax 781-7914955; Email: jim@conviserpg.com; Web site: www.conviserpg.com. For more information regarding the Newton property, contact Jim Conviser.
Maryland
Montana
Silver Spring – Layhill Shopping Center, located at the intersection of Layhill Road and Bel Pre Road, has a space of 2,000 sq.ft. available. Cotenants include BB&T Bank, Gold’s Gym, 7-Eleven, Subway and Lee’s Kitchen. For more information, contact Susan McGee, Divaris Real Estate, Inc., 8000 Westpark Drive, Suite 630, McLean, VA 22102; 571-620-5146; Email: smcgee@divaris.com; Web site: www.divaris.com.
Missoula – A power center located along North Reserve Street, has an anchor space of 31,674 sq.ft. available. Area retailers include Best Buy, Sports Authority, Barnes & Noble, PetSmart, Target and Michaels. Area demographics include a population of 78,566 within five miles earning $54,260 as the average household income. The average daily traffic count is 34,430 vehicles. The asking rent is $11 psf NNN. For more information, contact Mike Walker, NAI Business Properties, 3312 4th Avenue North, Billings, MT 59101; 406-294-6304; Email: mwalker@naibusinessproperties.com; Web site: www.naibusinessproperties.com.
Iowa
Upper Marlboro – Marlboro Square Shopping Center, a center located at the intersection of Pennsylvania Avenue and Crain Highway, has inline spaces of 1,390
(continued on page sixteen)
February 27, 2015 | Page 15
SPACE PLACE New Jersey (continued from page fifteen)
Passaic – Contempo Plaza, located along Passaic Street, has spaces from 1,200 sq.ft. to 21,318 sq.ft. available, along with pad sites. For more information, contact Donny Moskovic, Katz & Associates, One Blue Hill Plaza, Suite 1440, Pearl River, NY 10965; 845-735-2373; Email: donnymoskovic@dkatz.com; Web site: www.katzassociates.com. Red Bank – A 1,000 sq.ft. street level retail space, with a basement, is available at the intersection of Broad Street and East Front Street. Area retailers include TD Bank, Rite Aid, 7-Eleven, Wawa, Tiffany & Co., Smoothie King, Staples, Starbucks, Urban Outfitters, Chase Bank and Bank of America. Area demographics include a population of 132,961 within five miles earning $102,612 as the median household income. For more information, contact Scott Sher or Jennifer Star, Sabre Real Estate Group, LLC, 256B Flatbush Avenue, Brooklyn, NY 11217; 212-324-0025/201-249-8911; Email: scott@sabreny.com; Web site: www.sabreny.com.
New York Brooklyn – Spaces from 2,000 sq.ft. to 5,000 sq.ft. are available on the ground floor, along with a 5,000 sq.ft. second floor space along Fourth Avenue, between 51st Street and 52nd Street. Area retailers include Chase Bank. For more information, contact Dillon Fraioli or Miles Mahony, Ripco Real Estate, 150 East 58th Street, 15th Floor, New York, NY 10155; Email: dfraioli@ripcony.com. Brooklyn – Atlantic Plaza, located along Atlantic Avenue, between 102nd Street and 104th Street, has up to 43,000 sq.ft. of space available, which can be divided. Cotenants include Staples, Dunkin’ Donuts, Rite Aid, Avenue Yourself, Subway, Pearle Vision and Chase Bank. Area demographics include a population of 356,670 within two miles earning $71,031 as the average household income. Smithtown – Branch Plaza, a 125,545 sq.ft. neighborhood center located at the intersection of East Main Street and Singer Lane, has a space available. Cotenants include LA Fitness, The Fresh Market, Pet Supplies Plus, Hallmark, Red Mango, Subway and Capital One Bank. The average daily traffic count is 48,000 vehicles along East Main Street. For more information regarding Atlantic Plaza, contact Ari Malul or Kenneth Schuckman, Schuckman Realty, Inc., 7600 Page 16 | February 27, 2015
New York
North Carolina
Jericho Turnpike, Woodbury, NY 11797; 516-496-8888; Email: ari@schuckmanrealty.com; Web site: www.schuckmanrealty.com. For more information regarding Branch Plaza, contact Jessica Vilmenay or Kenneth Schuckman; Email: ken@schuckmanrealty.com.
information regarding Austin Village, contact Ken Chapman, 704-561-5238; Email: kchapman@mpvre.com.
New York – A 5,000 sq.ft. street level retail space is available at the intersection of Broadway and 125th Street. Area retailers include JP Morgan Chase Bank. The asking rent is $150 psf. For more information, contact David Hubbard, Chase Development Corp., PO Box 196, Southfield, MA 01259; 413-2584769; Email: dnh946@aol.com. New York – A 2,214 sq.ft. street level retail space is available along East 86th Street, between 2nd Avenue and 3rd Avenue. Area retailers include Fairway Market, Sephora, H&M, Steve Madden, Lush Cosmetics, Banana Republic, Organic Ave., Shake Shack and Urban Outfitters. Also – A 3,800 sq.ft. street level retail space, with a 1,300 sq.ft. mezzanine, and a 4,000 sq.ft. basement, is available along Fifth Avenue, between 18th Street and West 19th Street. Area retailers include Zara, H&M, Nike, Cole Haan, Sephora, 7 for All Mankind, Aldo, Coach, Free People, Madewell, J. Crew, Joe Fresh and Victoria’s Secret. For more information, contact Joseph Isa or Louis Franco, Isa Realty Group, LLC, 1201 Broadway Avenue, Suite 1005, New York, NY 10001; 212-689-1645/1646; Email: joseph.isa@isarealtygroup.com.
North Carolina Charlotte – Providence Plaza, located at the intersection of Providence Road and South Sharon Amity Road, has retail spaces available. Cotenants include Massage Envy, Flywheel Sports, Elite Wellness, The Little Gym and Poppy’s Bagels & More. Area demographics include a population of 82,493 within three miles earning $107,855 as the average household income. The asking rent is $28 psf NNN. Matthews – Austin Village, located at the intersection of Chestnut Lane and Potter Road, has a space of 2,825 sq.ft. available. Area retailers include Harris Teeter and Walgreens. The asking rent is $15 psf NNN. For more information regarding Providence Plaza, contact Keely Simerville, MPV Properties, 521 East Morehead Street, Suite 400, Charlotte, NC 28202; 704-3675021; Email: ksimerville@mpvre.com; Web site: www.mpvre.com. For more
Ohio Parma – Snowville Plaza, a 63,120 sq.ft. center located at the intersection of Snow Road and Chevrolet Boulevard, has spaces from 1,100 sq.ft. to 11,900 sq.ft. available. Cotenants include Dollar General. Area demographics include a population of 302,370 within five miles earning $53,718 as the average household income. The average daily traffic count is 18,000 vehicles. For more information, contact Richard Davies, Lone Star Equities, Inc., 100 Atlantic Avenue, Lynbrook, NY 11563; 516-5993700, Fax 516-599-0992; Email: nyo@lseint.com; Web site: www.lseint.com.
Pennsylvania Collegeville – Providence Town Center, a 740,000 sq.ft. power center located at the intersection of Route 29 and Route 422, has a space of 18,005 sq.ft. available. Cotenants include Wegman’s, Dick’s Sporting Goods, Best Buy, DSW, Michaels and PetSmart. Area demographics include a population of 118,882 within five miles earning $101,081 as the average household income. The average daily traffic count is 55,292 vehicles along Route 422. For more information, contact Maria Rita Aristone or Jack Corcoran, Legend Properties, Inc., 521 Plymouth Road, Suite 118, Plymouth Meeting, PA 19462; 610-941-4034, Fax 610-941-4038; Email: maristone@lpre.com; Web site: www.lpre.com. Hamburg – Tilden Ridge, a 400,000 sq.ft. center located at the intersection of Route 61 and Route 78, has pad sites of 4,000 sq.ft., 5,500 sq.ft. and 7,500 sq.ft. available. Cotenants include Lowe’s, Walmart Supercenter, Pet Supplies Plus, AT&T, Game Stop, GNC and Sally Beauty Supply. Area demographics include a population of 14,771 within a ten minute drive-time earning $62,175 as the average household income. For more information, contact Joe Dougherty or Valerie Pettine, Metro Commercial Real Estate, Inc., Eight Tower Bridge, 161 Washington Street, Suite 375, Conshohocken, PA 19428; 610-260-2670/2661; Email: jdougherty@metrocommercial.com; Web site: www.metrocommercial.com. (continued on page eighteen)
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retailers lOOking fOr lOcatiOns How accurate is the information? Online information is updated daily. The CD-ROM is burned the day of your order. All listings are verified by phone, mail or fax with the retailer and updated in the past nine months. What types of chains are in TenantSearch? Tenant Search includes national and regional chains in addition to local chains with 60+ types of retail uses. Can the info be used with other software? All information on the CD-ROM can be exported into Excel, ACT, Access and Ascii. All information from searches online can be saved to your hard drive. Do I need any other software? You can use TenantSearch’s self-loading CD-ROM to print reports, labels and letters; look up by name, use, store size, etc., plus you can save searches. You can use any Web browser online, access up-todate information, print letters and save searches. Get the details on over 5,000 retailers. TenantSearch provides: Contact Name for Director of Real Estate or Tenant Rep; Parent Company; Trade Name(s); Address; Phone; Fax; Email; Web site; Number of Stores in the Chain; States where the stores operate; Projected store openings in the next 18 months; States of interest for new sites; description of merchandise; Customer profile and competition; Demographic requirements; Preferred type of site; Lease terms; Preferred cotenants.
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Daily Email Alerts Retailer expansion plans are updated daily and TenantSearch users receive leads daily via email for online users. TenantSearch matches ideal tenants to your site. Simply plug in the parameters of your retail property and retail uses you desire, and within seconds you’ll have a list of prospective tenants for your location.
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SPACE PLACE Pennsylvania (continued from page sixteen)
Lancaster – Campus Plaza, a 48,625 sq.ft. center located at the intersection of Rohrerstown Road and Spring Valley Road, has a space of 3,100 sq.ft. available. Cotenants include CVS, Amelia’s Grocery Outlet, Subway and Orrstown Bank. Area demographics include a population of 172,110 within five miles earning $69,690 as the average household income. For more information, contact Wilay Boensch, 120 North Pointe Boulevard, Suite 301, Lancaster, PA 17601; 717569-9373, Fax 717-560-9909; Email: wboensch@lms-pma.com; Web site: www.lms-pma.com.
Texas Austin – Crestview Crossing, located at the intersection of Research Boulevard and Anderson Square, has inline spaces from 1,500 sq.ft. to 4,100 sq.ft. available, along with an endcap with a patio. Area retailers include Hobby Lobby, Target, Planet Fitness, PetSmart, H-E-B, Walmart Supercenter and Family Dollar. Area demographics
Texas
Virginia
include a population of 142,103 within three miles earning $58,940 as the average household income. The asking rent is $18 to $22 psf NNN. For more information, contact Rob Merritt, Retail Solutions, 3724 Executive Center Drive, Suite 220, Austin, TX 78731; 512750-8018; Email: rob@retailsolutions.us; Web site: www.retailsolutions.us.
available. Area retailers include Chop’T, Chipotle, Starbucks, Eagle Bank and Caffe Aficionado. The asking rent is $40 psf NNN. For more information, contact Bill Miller or Alex Walker, Miller Walker Retail Real Estate, 2715 M Street, Suite 200, Washington, DC 20007; 203-333-0339/0079; Email: bill@millerwalker.com; Web site: www.millerwalker.com.
Houston – A land area of one acre is available at the intersection of Dairy Ashford and West Bellfort. The site is adjacent to a CVS. The average daily traffic count is 40,000 vehicles. For more information, contact Royce Marek, Internet Property.Com, Inc., 10700 Richmond, Suite 100-10, Houston, TX 77042; 713-953-2127; Email: rmarektx@pdq.net; Web site: www.realestatebrokerage.com.
Manassas – Sudley Manor Square Shopping Center, a 95,000 sq.ft. center located at the intersection of Sudley Road and Sudley Manor Drive, has spaces available. Cotenants include Rugged Wearhouse, AAA, Cricket Wireless, AT&T and Café Rio. Area demographics include a population of 169,733 within five miles earning $98,366 as the average household income. The average daily traffic count is 80,000 vehicles. For more information, contact Marc Geffroy, Brad Kotz or Patti McHugh, Seneca Properties, 4929 Bethesda Avenue, Suite 200, Bethesda, MD 20814; 301-651-6385/240482-1291/1297; Email: marc@senecaprop.com; D Web site: www.senecaprop.com. M
Virginia
Arlington – Waterview, a 620,000 sq.ft. mixed-use property located at the intersection of North Lynn Street and 19th Street North, has a 6,218 sq.ft. corner restaurant space
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60YEARS OF DEVELOPMENT EXPERIENCE IN 26 STATES RETAIL AVAILABILITIES Adamsville Shopping Center | Adamsville, AL Super Dollar, Outlot Parcel Available 20,593 SF Cherokee Plaza Shopping Center | Centre, AL Dollar General, Goody’s, Fred’s, Hibbett Sports 2,000 - 30,000 SF Thunder Ridge Court | Cedar Falls, IA H&R Block, CVS 500 - 30,000 SF Lebanon Trade Center | Lebanon, KY Subway, Hibbett Sports 1,300 - 15,800 SF Sunset Village | Shreveport, LA Burger King, Super Market Anchor 5,775 - 28,500 SF Snowville Plaza Shopping Center | Parma, OH Dollar General 2,000 - 12,000 SF Commercial/Office Space | Cookeville, TN 32,700 SF
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