Dealmakers Magazine | February 28, 2014

Page 1

Reporting The Nation’s Weekly News on Retailing & Retail Real Estate Volume XXIX No. VIII

February 28, 2014

FEATURING apparel Chains Expand Nationwide L.L. Bean operates 33 locations throughout CT, IL, MA, ME, NH, NJ, NY, PA and VA. The stores, offering family apparel and footwear, as well as outdoor gear, occupy spaces of 15,000 sq.ft. in freestanding locations, storefronts and endcaps of shopping centers. Growth opportunities are sought nationwide during the coming 18 months. For more information, contact Kenneth Kacere, L.L. Bean, 15 Casco Street, Freeport, ME, 04033; 207-865-4761, Fax 207-552-7773; Email: kkacere@llbean.com; Web site: www.llbean.com. Country Visions trades as Apricot Lane Boutique at 88 locations throughout AK, AR, CA, CO, CT, FL, ID, IL, IN, KS, KY, LA, MI, MN, MO, MS, MT, NC, ND, NJ, NY, OH, OK, PA, TN, TX, UT, VA, WA and WY. The stores, offering affluent women’s apparel, accessories and gift items, occupy spaces of 1,500 sq.ft. to 3,000 sq.ft. in malls, lifestyle and power centers, as well as 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 is required. The company is franchising. For more information, contact Terry Odneal, Country Visions, 3333 Vaca Valley Parkway, Suite 700, Vacaville, CA 95688; 707-4516890 Ext. 106, Fax 707-451-0410; Email: realestate@apricotlaneusa.com; Web site: www.apricotlaneusa.com.

Justice operates more than 900 locations nationwide and in Canada and Puerto Rico. The stores, offering apparel and accessories for girls ages seven to 14, occupy spaces of 4,500 sq.ft. in regional malls, malls, shopping and power centers. Growth opportunities are sought throughout DE, southern NJ and eastern PA during the coming 18 months, with representation by MSC. For more information, contact Stanton Brown, MSC, 1845 Walnut Street, 6th Floor, Philadelphia, PA 19103; 215-568-2600; Email: sbrown@salove.com; Web site: www.salove.com. Huck Finn Clothes, Inc. trades as Label Shopper and Peter Harris Clothes at 61 locations throughout IL, IN, MA, ME, MI, NY, OH, PA, VT and WV. The stores, offering men’s and women’s apparel, footwear and accessories, occupy spaces of 6,000 sq.ft. to 30,000 sq.ft. in second-generation spaces. Plans call for 25 to 30 openings throughout the existing markets, excluding IN, during the coming 18 months, with representation by IKON Realty Group, LLC. For more information, contact Todd Drowlette, IKON Realty Group, LLC, 952 TroySchenectady Road, Latham, NY 12110; 518456-5440 Ext. 12, Fax 518-456-5448’ Email: tdrowlette@ikonrealtygroup.com; Web sites: www.labelshopper.com and www.peterharris.com. (continued on page seven)

This issue contains information on: • Retailers operating 25,572 locations with plans to open 1,865 sites • Real estate valued in excess of $147 million to be bought, sold & financed • Leasing activity on over 3.1 million sq.ft. of retail properties s Postmaster: Periodical New nt a te rt di Impo se Expe Plea

national focus New Construction Courtelis Company inks anchor deal with Publix......................... Pg. 3 Buyers and Sellers Cohen Real Estate brokered the $26 million sale of a center in NV............................................. Pg. 4 Who’s Opening and Where Giant Eagle to enter IN............... Pg. 5 Togo’s Eateries focused on the western states............................. Pg. 5 Food Chains Expand Texas Corral Grill & Saloon to open five units throughout IL...... Pg. 6 Garbanzo Mediterranean Grill to enter NY..................................... Pg. 6 Sources of Financing Cronheim Mortgage closes $44 million in financing on two shopping centers........................ Pg. 7 Making The News Combined Properties taps acquisition talent........................ Pg. 8 Tenant Reps & Exclusives Coast to Coast Commercial Real Estate reps Sonic Drive-In........... Pg. 8 Lease Signings L3 Corp. inks anchor deal with Sears Outlet................................ Pg. 8 Lead Sheet Star Cinema Grill continues growth........................................ Pg. 11 Zumiez to open 65 stores nationwide................................. Pg. 12 Space Place................................ Pg. 14


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.