Reporting The Nation’s Weekly News on Retailing & Retail Real Estate
Volume XXVI No. IX
March 4, 2011
Supermarket Chains Expand Nationwide Save-A-Lot operates 1,200 locations nationwide. The supermarkets occupy spaces of 14,000 sq.ft. to 16,000 sq.ft. in freestanding locations and strip and value centers, as well as urban/ downtown areas. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run five years. A vanilla shell and specific improvements are required. Preferred cotenants include valueoriented retailers. Preferred demographics include a population of 30,000 within three miles earning $30,000 to $40,000 as the median household income. Major competitors include Aldi. A land area of two acres is required for freestanding locations. For more information, contact Fred Rudolph, Save-A-Lot, 100 Corporate Office Drive, Earth City, MO 63045; 314-264-7804, Fax 314-2647885; Web site: www.save-a-lot.com. Tops Markets, LLC trades as Tops Markets at 131 locations throughout central and western NY and northern PA. The supermarkets, some with gasoline facilities, occupy spaces of 50,000 sq.ft. to 70,000 sq.ft. in power and strip centers. Limited growth opportunities are sought throughout central and western NY during the coming 18 months. A land area of at least six acres is required. For more information, contact Tom Fitzgerald, Tops Markets, LLC, PO Box 1027, Buffalo, NY 14240; 716-635-5130, Fax 716-635-5979; Email: tfitzgerald@topsmarkets.com; Web site: www.topsmarkets.com.
Murry’s – Family of Fine Foods operates locations throughout MD, Philadelphia, PA; VA and Washington, DC. The supermarkets occupy spaces of 12,000 sq.ft. to 15,000 sq.ft. in various types of real estate settings. Growth opportunities are sought throughout Washington, DC during the coming 18 months, with representation by Solomon Real Estate, Inc. The company requires sites with adequate loading and parking areas. For more information, contact Steve Solomon, Solomon Real Estate, Inc., 3341 Benning Road Northeast, Washington, DC 20019; 202-388-3009, Fax 202-388-1081; Email: steve@solomonreal.com; Web site: www.murrys.com. Meijer, Inc. trades as Meijer at 199 locations throughout IL, IN, KY, MI and OH. The stores, featuring a full grocery department as well as apparel, automotive, home décor, health and beauty care, electronics and pet supply departments and a pharmacy, occupy spaces of 100,000 sq.ft. and 156,000 sq.ft. to 192,000 sq.ft. in freestanding locations and power centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. A land area of 15 to 25 acres is required for freestanding locations. For more information, contact Mike Kinstle, Meijer, Inc., 2929 Walker Avenue Northwest, Grand Rapids, MI 49544; 616-453-6711, Fax 616-735-8887; Web site: www.meijer.com. (continued on page nine)
This issue contains information on:
* Retailers operating 75,716 locations with plans to open 5,581 sites * Real estate valued in excess of $488.1 million to be bought, sold & financed * Leasing activity on over 6.3 million sq.ft. of retail properties
Important News Please Expedite
Postmaster: Periodical
Featuring ICSC New England Retail Connection and Gulf South Idea Exchange New Construction Stiles Corp. is preleasing a Public-anchored center in Miami, FL.............................. Pg. 3 Exclusives Sax Realty, Inc. represents David’s Bridal throughout the Baltimore, MD and Washington, DC areas........... Pg. 4 Openings Five Guys Enterprises, LLC scouting locations in the Roanoke Valley area of VA.... Pg. 5 Buyers and Sellers Smullin & Associates is looking to acquire big boxes Pg. 6 Food Retailers Expand Smashburger seeking locations throughout Long Island, NY Pg. 7 Lease Signings NAI Friedland Realty, Inc. negotiated a lease with Raymour & Flanigan.............. Pg. 8 In the News Renaud Consulting hired John Marigliano and Josh Weiner as vice presidents.................. Pg. 8 Sources of Financing Cole Real Estate Investments arranged $133 million in financing for a portfolio of Albertsons grocery stores....... Pg. 9 Lead Sheet Goddard School seeking locations nationwide............. Pg. 11 Dakota Watch Co. to open new stores east of the Mississippi River.................... Pg. 14 Space Place........................... Pg. 16
For more news go to: www.dealmakers.net Mobile Access Code: nercgsidex11
New Orleans Louisiana C A R R O L LT O N P L A Z A S H O P P I N G C E N T E R
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• Adjacent to the new Lowe’s Home Improvement
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New Construction Michael Salove Co. is preleasing a shopping center located at the intersection of Grant Avenue and Blue Grass Road in Philadelphia, PA. Spaces from 1,000 sq.ft. to 10,000 sq.ft. are available. The project is anchored by Giant and LA Fitness. Cotenants include RadioShack, Five Guys Famous Burgers and Fries, Popeye’s, Vince’s Pizza, Salon Norman Dee and Island Tanning. Area demographics include a population of 1.629 million within seven miles earning $53,582 as the median household income. Giant and LA Fitness are slated to open next month, with the remainder of the center to open during May.
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............................................... Adam Taliercio adamt@dealmakers.net Customer Service....................... Bridget Thoresen custserv@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. Periodical postage paid at Trenton, NJ and at additional mailing offices. Affiliated with Tenant Search, E.S.P., E-Blast Copyright 2011 by TKO Real Estate Advisory Group Inc. 609-587-6200, fax 609-587-3511.
For more information, contact Jason Bock, Michael Salove Co., 1700 Market Street, 17th Floor, Philadelphia, PA 19103; 215-568-2600 Ext. 21, Fax 215-568-2666; Email: jbock@salove.com; Web site: www.salove.com. Taubman is developing City Creek Center, a mixed-use project located near the intersection of Interstate 215 and Interstate 80 in Salt Lake City, UT, featuring a 700,000 sq.ft. retail and restaurant component, a 1.4-million sq.ft. office component, a 542unit residential component and a 510-unit hospitality component. Space is available. Nordstrom and Macy’s will anchor the project. Cotenants include Deseret Book and Harmon’s Gourmet Grocery. Trade-area demographics include a population of 1.347 million earning $71,872 as the average household income. For more information, contact Taubman, 200 East Long Lake Road, Suite 300, Bloomfield Hills, MI 48304-2324; 248-2586800; Web site: www.taubman.com. The Feil Organization is developing a retail component at Clark Industrial Park, a one-million sq.ft. mixed-use property located at the intersection of Central Avenue and Terminal Avenue in Clark, NJ. A 9,900 sq.ft. space is available along with a divisible 7,500 sq.ft. space. Area retail includes Target, A&P, Bally Total Fitness, Rite Aid, Marshalls, ShopRite and Barnes & Noble. Area demographics include a population of 1.379-million within 10 miles earning $74,962 as the average household income. The average daily traffic count is 24,000 vehicles. For more information, contact Randall Briskin, The Feil Organization, Seven Penn Plaza, New York, NY 10001; 212563-6557 Ext. 218, Fax 212-563-6657; Email: rbriskin@feilorg.com; Web site: www.feilorg.com. Chopra Development Enterprises is developing The Plaza at Dale, a 680,000 sq.ft. mixed-use center project located at the intersection of Dale Road and Kiernan Avenue in Modesto, CA. The project will feature a retail component, a multifamily component and a 134-unit hospitality component. Tradearea demographics include a population of 210,585 earning $49,413 as the median household income. For more information, contact Aruna Chopra, Chopra Development Enterprises, 313 Banner Court, Modesto, CA 95356; 209-578-2807, Fax 209-578-6496; Email: achopra@chopradevelopment.com; Web site: www.chopradevelopment.com. www.dealmakers.net
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Coldwell Banker Harbour Commercial is preleasing Onley Center, a 28,000 sq.ft. project located along U.S. Route 13 in Onley, VA. Space is available. Area retail includes Walmart. The project is slated to open by mid-summer. For more information, contact Joseph Caffrey, Coldwell Banker Harbour Commercial, 26438 Lankford Highway, Cape Charles, VA 23310; 800-784-2842, Fax 509-275-7310; Web site: www.cbharbourrealty.com. The Festival Cos. is developing Santa Fe Trail Plaza, a 195,000 sq.ft. community shopping center project located at the intersection of Santa Anita Avenue and Valley Boulevard in El Monte, CA. Area demographics include a population of 610,000 within five miles earning $61,000 as the average household income. For more information, contact The Festival Cos., 9841 Airport Boulevard, Suite 700, Los Angeles, CA 90445; 310-665-9600, Fax 310665-9009; Web site: www.festivalcos.com. River Oaks Properties is redeveloping Dieter Plaza, located along George Dieter in El Paso, TX. Spaces from 1,200 sq.ft. to 10,800 sq.ft. are available. Area demographics include a population of 131,476 within three miles earning $49,902 as the average household income. The average daily traffic count is 79,638 vehicles. For more information, contact Kelly Cella, Hector Martinez, Jim Payne or Richard Perez; River Oaks Properties; 915-225-5700; Web site: www.riveroaksproperties.com. Stiles Corp. is developing Publix at 18Biscayne, a three-story, 57,200 sq.ft. center located along Biscayne Boulevard between Northeast 17th Terrace and Northeast 18th Street in downtown Miami, FL. Publix will anchor the center. Construction on the project is slated for completion early next year. For more information, contact Stiles Corp., 301 East Las Olas Boulevard, Ft. Lauderdale, FL 33301; 954-627-9300, Fax 954-6279386; Email: info@stiles.com; Web site: www.stiles.com. AdVenture Development, LLC is developing McCandless Crossing, a 130-acre mixeduse project located along McKnight Road in McCandless Township, PA. Tenants at the center include Lowe’s Home Improvement, Fidelity Bank and LA Fitness. For more information, contact Kevin Dougherty, AdVenture Development, LLC, 102 West Anderson Street, Selma, NC 27576; 919-965-5661, Fax 919-965-8568; Email: kmd@adventuredev.com; Web site: www.adventuredev.com. DM
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Exclusives and Leasing Assignments R.J. Brunelli & Co., Inc. (732-721-5800) represents the following retailers with their expansion plans: A.C. Moore, throughout northern and central NJ and Staten Island, Putnam, Orange, Westchester, Rockland, Dutchess and Ulster counties in NY, seeking spaces of 22,000 sq.ft. to 30,000 sq.ft.; Belzano’s European Café, throughout central NJ, seeking sites of 3,000 sq.ft. to 3,500 sq.ft.; CitiTrends, throughout NJ, seeking sites of 11,000 sq.ft. to 15,000 sq.ft.; Deal$, throughout central and northern NJ, seeking spaces of 10,000 sq.ft. to 13,000 sq.ft.; Dollar Tree, throughout central and northern NJ, utilizing spaces of 8,500 sq.ft. to 12,000 sq.ft.; Houlihan’s, throughout NJ and Long Island, NY, seeking spaces of 7,500 sq.ft. to 8,500 sq.ft.; Jersey Mike’s, throughout NJ, seeking spaces of 1,400 sq.ft. to 1,800 sq.ft.; Joe Canal’s, throughout northern and central NJ, seeking sites of 20,000 sq.ft. to 25,000 sq.ft.; Just Cabinets, throughout central NJ, utilizing sites of 16,000 sq.ft. to 20,000 sq.ft.; Kona Grill, throughout central and northern NJ, seeking spaces of 7,500 sq.ft.; Massage Envy, throughout Monmouth, Ocean, Middlesex, Somerset, Hunterdon and Mercer counties in NJ, seeking sites of 2,500 sq.ft.; to 3,500 sq.ft.; Monster Mini-Golf, throughout
central and northern NJ, utilizing spaces of 10,000 sq.ft. to 11,000 sq.ft.; Play & Trade, throughout central and northern NJ, seeking sites of 1,200 sq.ft. to 1,600 sq.ft.; Red Robin, throughout central and northern NJ, seeking spaces of 6,000 sq.ft. to 6,500 sq.ft., and Sally Beauty Supply, throughout central and northern NJ, seeking sites of 1,600 sq.ft. to 2,000 sq.ft. Sax Realty, Inc. (240-497-1192) represents the following retailers with their expansion plans throughout the Baltimore, MD and Washington, DC metropolitan areas: Kay Jewelers, seeking spaces of 1,600 sq.ft. to 1,800 sq.ft.; Brick House Tavern & Tap, seeking freestanding locations of 6,500 sq.ft. to 7,000 sq.ft.; David’s Bridal, utilizing spaces of 6,000 sq.ft. to 8,000 sq.ft.; Jared – The Galleria of Jewelry, seeking spaces of 5,600 sq.ft. to 6,000 sq.ft. in freestanding locations and power, regional and specialty centers; Joe’s Crab Shack, seeking freestanding locations of 6,500 sq.ft. to 7,000 sq.ft.; Priscilla of Boston, utilizing sites of 5,000 sq.ft. to 7,000 sq.ft. in urban and suburban areas and regional centers; Rosa Mexicano, seeking spaces of 6,500 sq.ft. to 8,500 sq.ft. in urban/downtown
areas, and Foot Locker, seeking sites of 2,000 sq.ft. to 3,000 sq.ft. in urban and suburban areas. Equity Retail Brokers (610-645-7700) represents Starbucks with the chain’s expansion throughout southern NJ and southeastern PA. The coffeehouses are seeking spaces of 1,500 sq.ft. to 2,000 sq.ft. in corner locations in urban areas and endcaps and pad sites of shopping centers with a drive-thru in suburban areas. The company also represents Verizon Wireless with the chain’s expansion of its corporateowned stores throughout southern NJ and eastern PA. The stores occupy spaces of 3,000 sq.ft. to 3,500 sq.ft. in freestanding locations and high-performing endcaps of shopping centers. Michael Salove Co. (215-568-2600) represents Jimmy John’s with the chain’s expansion throughout DE, central and southern NJ and eastern PA. The sandwich shops are seeking spaces of 1,000 sq.ft. to 2,000 sq.ft. in freestanding locations and endcaps and inline spaces of lifestyle, power, strip and grocery-anchored shopping centers. D A drive-thru is preferred. M
MEHLICH a s s o c i a t e s Retail Space Available
1, 000 to 6,000+ SF
Hudson Falls New Paltz
Clinton
NY
Fishkill
MA CT Ellington
For More Information:
Rob Mehlich, Jr. 914-793-5050
Rocky Hill New Britain Stratford
www.mehlichassoc.com
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Poughkeepsie Tuckahoe Peekskill
Who’s Opening and Where Pinkberry (323-932-6800) plans to open a 1,008 sq.ft. store at Village at Leesburg, a 1.2-million sq.ft. mixed-use project located at the intersection of VA Route 7 and Crosstrail Boulevard in Leesburg, VA featuring a 520,000 sq.ft. retail component. Construction on the store is slated to begin during the first quarter of the year. The store will join Hamilton’s Sofa & Leather Gallery, Wegmans, LA Fitness, AT&T Mobility, Charming Charlie, Coldwater Creek, Faang Thai Restaurant & Bar, Flame Kabob, Frilly Frocks, Hour Eyes, Massage Envy, Noodles & Company, Potomac River Running, Salon Montage, Sleepy’s, The Dandelion Patch, Travinia Italian Kitchen, Verizon Wireless and Wachovia Bank at the center. Nordstrom, Inc. (206-628-2111) will open a 34,925 sq.ft. Nordstrom Rack at Orchard Corners, located off Interstate 35 in Lenexa, KS. The store will join Gordmans, Stein Mart, Jared – The Galleria of Jewelry and Men’s Wearhouse at the center. The location is slated to open during the fall. The company operates 115 Nordstrom locations, 86 Nordstrom Rack stores, two Jeffrey stores and one clearance store nationwide throughout 28 states. Meijer, Inc. (616-453-6711) will open a 90,000 sq.ft. Meijer grocery store at Cermak Plaza, located in Berwyn, IL. The company also plans to open a 90,000 sq.ft. store at the intersection of North Avenue and 9th Avenue in Melrose Park, IL. The Melrose Park store is slated to open during the summer. The company currently operates 13 locations within the Chicago, IL metropolitan area and three in northwestern IN. CVS Caremark Corp. (877-265-7325) plans to open a 13,225 sq.ft. CVS pharmacy at the intersection of Mullins Road, Oakhurst Drive and Oakwood Road in Charleston, WV. The store is slated to open early next year and will be the company’s 51st in the state. The company currently operates 7,025 stores nationwide throughout 41 states and Washington, DC, and also operates 569 MinuteClinic retail health clinics. Hobby Lobby Stores, Inc. (405-745-1100) will open a 55,170 sq.ft. Hobby Lobby store near the intersection of Ben C. Pratt/Six Mile Cypress Parkway and Colonial Boulevard in Ft. Myers, FL, as part of a plan to open 40 stores nationwide during the year. The store is slated to open during late spring or early summer. The company operates 467 locations, offering craft and hobby supplies, nationwide throughout 39 states, including 11 throughout FL.
Eastern Mountain Sports (603-924-9571) will open a two-level, 13,000 sq.ft. flagship store at the intersection of Broadway and West 76th Street in the Upper West Side area of Manhattan, NY. The store is slated to open during the fall and will be the company’s second in the city. The company currently operates 66 sporting goods stores, offering mountaineering, backpacking, camping, hiking, climbing, kayaking, mountain biking and snow sports equipment, throughout 12 states nationwide. Roundy’s Supermarkets, Inc. (414-231-5000) plans to open Mariano’s Fresh Markets throughout Chicago, IL this year. Planned openings include stores at the intersection of Roscoe Street and Western Avenue, at the intersection of Halsted Street and Monroe Street, at the intersection of Michigan Avenue and Randolph Street, at the intersection of Halsted Street and Clybourn Avenue and at the intersection of 39th Street and State Street. Hennes & Mauritz AB (212-564-9922) will open a two-story, 20,000 sq.ft. H&M store at Light Street Pavilion of Harborplace, located in Baltimore City, MD. The store is slated to open during the spring and will join Urban Outfitters at the center. The company currently operates 2,000 locations nationwide and internationally. Target Corp. (612-304-6073) plans to open a 145,600 sq.ft. Target in the lower level of a three-story former Boscov’s at South Hills Village Mall, located in Bethel Park, PA. Dick’s Sporting Goods plans to open an 85,600 sq.ft. store in the remaining two floors. Both stores are slated to open during July of next year. The company currently operates 1,752 locations nationwide throughout 49 states. Five Guys Enterprises, LLC (703-339-9500) is scouting potential locations for Five Guys Famous Burgers and Fries restaurants in the Roanoke Valley area of VA. The company recently closed a restaurant along West Main Street in Salem, VA, and currently operates 620 locations nationwide throughout 48 states. Family Dollar Stores, Inc. (704-847-6961) will open a 7,000 sq.ft. Family Dollar discount store in a former West Marine along Eglin Parkway Southeast in Ft. Walton Beach, FL. The store is slated to open during the second half of the year and will be the company’s second in the city. The chain currently operates more than 6,600 locations nationwide. www.dealmakers.net
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Ulta Salon, Cosmetics & Fragrance, Inc. (630-226-0020) will open an Ulta store at The Shops at Boardman Park, located along Boardman Poland Road in Boardman, OH. The store is slated to open during late spring or early summer. America’s Best Contacts and Sunglasses and Scottrade also plan to open locations at the center. Both stores are slated to open during the spring. The retailers will join Old Navy, Value City Furniture and Target at the center. Aeropostale, Inc. (973-872-5660) will open an Aeropostale store at Animas Valley Mall, located in Farmington, NM. The store is slated to open this year and will be the company’s first in northwestern NM and fourth in the state. The chain currently operates more than 900 locations, offering clothing for children ages 14 to 17, nationwide. Goodwill Industries of Southern Piedmont (704-372-3434) will open a Goodwill Industries thrift store along Mt. Gallant Road near the intersection with Celanese Road in Rock Hill, SC. The store will replace an existing location along Albright Road and is slated to open during July. Focus Brands, Inc. (404-257-7040), through franchisee Big Plan Group, plans to open a Moe’s Southwest Grill restaurant in half of a former Blockbuster Video at Trinity Point, located in South Strabane, PA. The opening will be the franchisee’s fourth location and the company’s fifth in the region, and is slated to open during early May. The company currently operates 415 Moe’s Southwest Grill restaurants nationwide. Tiffany & Co. (212-755-8000) will open a Tiffany store at Stony Point Fashion Park, located in Richmond, VA. The store is slated to open during late summer and will be the company’s first in Richmond and second in northern VA. The company currently operates 200 locations worldwide, including 91 stores nationwide. Dunham’s Sports (248-674-4991) will open a 30,000 sq.ft. former Eagle Food Store located along North Henderson Street in Galesburg, IL. The store is slated to open during July. The company currently operates locations throughout 12 states nationwide. Planet Fitness (603-750-0001) plans to open a 17,000 sq.ft. fitness center along Chambers Road in Big Flats, NY. The center is slated to open during the spring and will be the company’s 60th in the state. The company currently operates more than 400 health clubs nationwide throughout 40 states. DM
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Buyers and Sellers R.L. Travers & Associates, Inc. is selling parcels of 0.97 acres; 1.2 acres; 1.78 acres and 1.95 acres located along Prince William Parkway in Prince William, VA. The average daily traffic count is 44,000 vehicles. The asking price is $1.119 million for the 0.97acre parcel, $1.385 million for the 1.2-acre parcel, $2.323 million for the 1.78-acre parcel and $2.543 million for the 1.95acre parcel. The company is also selling a 3.518-acre parcel located along Old Bridge Road in Lake Ridge, VA. Area demographics include a population of 184,801 within five miles. The average daily traffic count is 36,000 vehicles. The company is also selling a 7,200 sq.ft. building located along Gideon Drive in Woodbridge, VA. The NOI is $178,405. The asking price is $2.775 million with a Cap rate of 6.43%. Area retail includes Home Depot, Kohl’s, IKEA, Best Buy, Old Navy and Lowe’s Home Improvement. For more information, contact Guy Travers, R.L. Travers & Associates, Inc., PO Box 686, Springfield, VA 22150; 703-339-0100, Fax 703-550-8815; Email: gtravers@rltinc.net.
Calkain Cos. is selling the ground lease to an 830 sq.ft. Checkers situated on a land area of 22,500 sq.ft. along 9th Street North in St. Petersburg, FL. The tenant is bound to a 15year NNN lease set to expire during October 2019 featuring three, five-year options and 10% rent escalations every five years. Area retail includes Winn-Dixie and Big Lots. The company is also selling a 7,000 sq.ft. Pet Supermarket and a 2,000 sq.ft. Humana situated on 1.08 acres along U.S. Highway 19 in Spring Hill, FL. Pet Supermarket is bound to a 10-year NNN lease featuring two, five-year options. Humana is bound to a two-year, NNN lease featuring two, two-year options and an 11.5% rent escalation after the first year. Area retail includes Target. The NOI is $132,121. For more information regarding the St. Petersburg property, contact Guenter Manczur, Calkain Cos.; 813-2826000; Email: gmanczur@calkain.com; Web site: www.calkain.com. For more information regarding the Spring Hill property, contact Teal Henderson; Email: thenderson@calkain.com.
McMenemy Investment Services negotiated the sale of Scottsdale Plaza, a mixed-use center situated on 14 acres at the intersection of Maryland Parkway and Pebble Road in Las Vegas, NV. Sonoran Real Estate Group acquired the property from Quality Properties Asset Management Co. for $4.4 million. The company represented the buyer and Gatski Commercial represented the seller in the transaction. For more information, contact Ron S. McMenemey, McMenemy Investment Services, 900 Karen Avenue, Suite C-219, Las Vegas, NV 89109; 702-307-4925; Web site: www.misvegas.com.
Aztec Group, Inc. negotiated the $5 million sale of a 16-acre parcel within Pavilion Crossings, a 35-acre mixed-use project located at the intersection of U.S. Highway 301 and Falkenburg Road in Brandon, FL. For more information, contact Howard Taft or Charles Penan, Aztec Group, Inc., 2665 South Bayshore Drive, Coconut Grove, FL 33133; 305-938-8619/8621; Emails: htaft@aztecgroup.com and cpenan@aztecgroup.com; Web site: www.aztecgroup.com.
Plaza Advisors negotiated the sale of The Shops at Verandah, a 72,795 sq.ft. center located at the intersection of SR 80/Palm Beach Boulevard and SR 31 in Ft. Myers, FL. At the time of sale, the property was 92% leased with tenants including Publix, Beef O’Brady’s, Pinch-A-Penny, Allstate Insurance and H&R Block. CR South acquired the property from The Shops at Verandah, Ltd. The company represented the buyer in the transaction. For more information, contact Jim Michalak, Plaza Advisors, 3412 Bay to Bay Boulevard, Tampa, FL 33629; 813837-1300, Fax 813-831-2627; Email: jim.michalak@plazadvisors.com; Web site: www.plazadvisors.com. Or Anthony Blanco, 5201 Blue Lagoon Drive, Suite 846, Miami, FL 33126; 305-629-3606, Fax 305-647-6441; Email: anthony.blanco@plazadvisors.com. page 6
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Smullin & Associates, on behalf of a client, is looking to acquire Walmart, Sam’s Club, Lowe’s Home Improvement, Costco and Home Depot properties. Suitable properties feature tenants bound to long-term leases and are priced between $7 million and $15 million with a Cap rate above 7%. The company will also consider ground leases. For more information, contact Steven J. Smullin, Smullin & Associates; 847702-8888, Fax 888-869-9329; Email: steve@solutions88.com. Marcus & Millichap Real Estate Investment Services is selling a 29,640 sq.ft. strip center located in Covington, TN. The asking price is $1.138 million with a Cap rate of 11.04%. For more information, contact Jason A. Cropper, Marcus & Millichap Real Estate Investment Services, 5507 Ranch Drive, Suite 201, Little Rock, AR 72223; 501-228-9600; Web site: www.marcusmillichap.com.
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Franklin Street Real Estate Services negotiated the sale of a 20-year NNN AutoZone ground lease located along Highland Pointe Drive in West Chester, OH. For more information, contact Sean Attaway Molloy, Franklin Street Real Estate Services, 3525 Piedmont Road Northeast, Building 8, Suite 420, Atlanta, GA 30305; 404-832-1258, Fax 678-669-2412; Email: sean.molloy@franklinstreetfinancial.com; Web site: www.franklinstreetfinancial.com. Fameco Real Estate, LP, on behalf of a client, is selling a 116,392 sq.ft. freestanding BJ’s Wholesale Club anchoring The Marketplace @ Oaks, located along Route 422 in Oaks, PA. For more information, contact Diane Weinberg, Fameco Real Estate, 633 West Germantown Pike, Suite 200, Plymouth Meeting, PA 19462; 610-834-8000, Fax 610834-1793; Web site: www.fameco.com. Mid-America Real Estate Co. negotiated the sale of Bannockburn Green, a 180,851 sq.ft. community shopping center situated on 18.5 acres at the intersection of Waukegan Road and Half-Day Road in Bannockburn, IL. At the time of sale, the center was anchored by Dominick’s Finer Foods, Walgreens and Erehwon Mountain Outfitter, with tenants including GNC, Allstate Insurance, Subway, H&R Block, Sylvan Learning Center, PNC Bank and Panera Bread. PO’B Montgomery, in a joint venture with AREA Property Partners’ Value Enhancement Fund VII, acquired the property. The company represented the seller in the transaction. For more information, contact Rick Drogosz, Ben Wineman or Stan Nitzberg, Mid-America Real Estate Co., One Parkview Plaza, 9th Floor, Oakbrook Terrace, IL 601814713; 630-954-7300, Fax 630-954-7304; Web site: www.midamericagrp.com. Capital Commercial is selling a 9,827 sq.ft. strip center located along Northeast 1st Avenue in Hallandale Beach, FL. The center is 90% occupied. The NOI is $78,000. The asking price is $1 million with a Cap rate of 8%. For more information, contact Eligio Calatayud, Capital Commercial; 786-9855199; Email: elicommercial@gmail.com. RDO Investments is selling Shops at Gallatin Pike, located in Nashville, TN. The center is 100% leased with tenants including Men’s Wearhouse, T-Mobile and SunTrust Bank. Area retail includes RiverGate Mall. The asking price is $2.216 million with a Cap rate of 8%. For more information, contact Ryan O’Connell, RDO Investments, 3810 East Coolidge Street, Phoenix, AZ 85018; 602-595-4000; Email: D M ryan.oconnell@rdoinvestments.com.
Food Retailers Expand Nationwide Smoothie King operates more than 600 locations nationwide and throughout Korea. The shops occupy spaces of 600 sq.ft. to 1,600 sq.ft. in freestanding locations and entertainment, power, specialty, strip and value centers. Growth opportunities are sought throughout Broward, Miami-Dade and Palm Beach counties in FL during the coming 18 months, with representation by Investment Management Associates, Inc. Yum Brands! trades as KFC at more than 15,000 locations nationwide and internationally. The fast food restaurants occupy spaces of 2,850 sq.ft. in freestanding locations. Growth opportunities are sought throughout FL, excluding the Orlando metropolitan area, during the coming 18 months, with representation by Investment Management Associates, Inc. A land area of more than 35,000 sq.ft. is required. The company also trades as Pizza Hut at 10,000 locations nationwide and internationally. The fast food restaurants occupy spaces of 1,000 sq.ft. in outlet, specialty, strip and value centers. Growth opportunities are sought throughout FL, excluding the Orlando metropolitan area, as well as select markets of GA, MD, PA and SC, during the coming 18 months, with representation by Investment Management Associates, Inc. The company also trades as Taco Bell at 5,600 locations nationwide. The fast food restaurants occupy spaces of 2,850 sq.ft. in freestanding locations. Growth opportunities are sought throughout FL, excluding the Orlando metropolitan area, during the coming 18 months, with representation by Investment Management Associates, Inc. Benihana Group trades as RA Sushi at 28 locations throughout AZ, CA, FL, IL, KS and TX. The restaurants occupy spaces of 5,000 sq.ft. in freestanding locations, downtown areas, regional malls and entertainment and specialty centers. Growth opportunities are sought throughout the South Beach and Las Olas areas of Ft. Lauderdale, FL during the coming 18 months, with representation by Investment Management Associates, Inc. Preferred cotenants include lifestyle retailers. Preferred demographics include a population of 50,000 within three miles earning $60,000 as the average household income. The company is franchising. For more information, contact Andrew Pearl, Investment Management Associates, Inc., 1575 San Ignacio Avenue, Suite 400, Coral Gables, FL 33146; 305-661-0110, Fax 305661-7803; Email: apearl@ima-realestate.com; Web site: www.ima-realestate.com. Jimmy John’s operates more than 1,000 locations nationwide. The gourmet sandwich shops occupy spaces of 1,500 sq.ft. to 1,800
sq.ft. in freestanding locations and endcaps of shopping centers. Growth opportunities are sought throughout Loudoun County, VA during the coming 18 months, with representation by Renaud Consulting. The company will consider sites as small as 600 sq.ft. For more information, contact Gwenlyn Edwards, Renaud Consulting, 8605 Westwood Center Drive, Suite 309, Vienna, VA 22182; 703-404-2346; Email: gedwards@renaudconsulting.net; Web site: www.jimmyjohns.com. 5 & Diner of North America, LLC trades as 5 & Diner at 13 locations throughout AZ, FL, IA, MA and OK. The ‘50s-style diners occupy spaces of 2,800 sq.ft. to 3,200 sq.ft. in freestanding locations, downtown areas and endcaps and inline spaces of entertainment and strip centers. Growth opportunities are sought nationwide during the coming 18 months. Expansion is franchise-driven. For more information, contact Tim Sheehan, 5 & Diner of North America, LLC, 24 Main Street, Maynard, MA 01754; 978-897-0660, Fax 978-8973719; Email: info@5anddiner.com; Web site: www.5anddiner.com. Hibachi Grill Supreme Buffet operates 30 locations nationwide. The restaurants occupy spaces of 10,000 sq.ft. to 15,000 sq.ft. in freestanding locations and endcaps and inline spaces of shopping centers. Growth opportunities are sought throughout DE, NJ and PA during the coming 18 months, with representation by Michael Salove Co. Preferred demographics include a population above 100,000 within five miles. Extreme Pita operates more than 300 locations throughout AZ, CA, CT, FL, GA, IL, LA, MA, MI, MN, NC, ND, NH, NV, SD, TX, WA and Washington, DC, as well as throughout Canada. The restaurants occupy spaces of 1,200 sq.ft. to 1,400 sq.ft. in endcaps and inline spaces of shopping centers. Growth opportunities are sought throughout DE during the coming 18 months, with representation by Michael Salove Co. The company prefers to locate in areas with strong daytime populations near office buildings and universities. For more information, contact Jason Bock, Michael Salove Co., 1700 Market Street, 17th Floor, Philadelphia, PA 19103; 215-568-2600 Ext. 21, Fax 215-568-2666; Email: jbock@salove.com; Web site: www.salove.com.
occupy spaces of 2,500 sq.ft. in freestanding locations and endcaps and inline spaces of shopping centers. Growth opportunities are sought throughout Long Island, NY during the coming 18 months, with representation by Northwest Atlantic Real Estate Services. Dos Toros Taqueria operates one location in New York, NY. The restaurant prefers to occupy spaces of 800 sq.ft. to 1,200 sq.ft. in second-generation restaurant spaces. Growth opportunities are sought throughout Manhattan, NY during the coming 18 months, with representation by Northwest Atlantic Real Estate Services. The company prefers sites near subway access featuring high foot traffic counts. Chick-fil-A operates 1,500 locations nationwide throughout 39 states and Washington, DC. The restaurants occupy spaces of 4,500 sq.ft. in freestanding locations. Growth opportunities are sought throughout central and northern NJ during the coming 18 months, with representation by Northwest Atlantic Real Estate Services. A land area of one acre and a drive-thru are required. The company prefers to acquire or ground lease sites. Sonic Drive-In operates more than 3,500 locations nationwide. The restaurants occupy spaces of 1,500 sq.ft. to 1,800 sq.ft. in freestanding locations and entertainment, lifestyle, power, regional and neighborhood shopping centers. Growth opportunities are sought throughout Nassau and Suffolk counties in NY during the coming 18 months, with representation by Northwest Atlantic Real Estate Services. A drive-thru is required, and a land area from 30,000 sq.ft. to 45,000 sq.ft. is required for freestanding locations. For more information regarding Smashburger and Sonic Drive-In, contact Steve Gillman, Northwest Atlantic Real Estate Services, 711 Westchester Avenue, White Plains, NY 10604; 914-328-2222, Fax 914328-2121; Email: steve@nwatlantic.com; Web site: www.nwatlantic.com. For more information regarding Dos Toros Taqueria, contact Kyle Allen or Vince Sweeney; Emails: kyle@nwatlantic.com and vince@nwatlantic.com. For more information regarding Chick-fil-A, contact Chase Welles or Jordan Cohn; Emails: chase@nwatlantic.com D M and jordan@nwatlantic.com.
Smashburger operates more than 90 locations throughout AZ, CA, CO, IA, ID, IL, KS, KY, LA, MI, MN, ND, NE, NJ, NV, OH, OK, TX and UT. The restaurants www.dealmakers.net
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Real Estate Professionals Making the News
Lease Signings Neal Realty & Investments, Inc. (954-5680530) negotiated a five-year lease with Socorro Designs for 910 sq.ft. at Stirling Design Center, a 20,575 sq.ft. center located along Stirling Road in Dania, FL. The company represented the landlord, Stirling Design, LP, in the transaction. The company also negotiated a five-year lease with Gold Exchange for 1,000 sq.ft. at 4300 Plaza a 26,567 sq.ft. neighborhood center located along North Federal Highway in Ft. Lauderdale FL. The company represented the landlord, Gerig Group, LLC, in the transaction. The company also negotiated a five-year lease with Yogun Fruz for 1,430 sq.ft. at Village Plaza, a 36,300 sq.ft. neighborhood shopping center located at the intersection of Technology Way and Yamato Road in Boca Raton, FL. Cotenants at the center include Starbucks, AT&T Mobility, Subway, Einstein Bagels, Jamba Juice, GolfTec, Supercuts, Eurobank, Regis Salon, Rotelli Pizza and We Are Eyes. The Rappaport Cos. (571-382-1200) negotiated a lease with Sonic Drive-In for space at Chesterfield Marketplace, a 400,000 sq.ft. shopping center located at the intersection of Midlothian Turnpike and Carmia Way in Richmond, VA. Cotenants at the center include Home Depot, PetSmart, Staples and Ruby Tuesday. The company represented the landlord and Grubb & Ellis|Harrison and Bates represented the tenant in the transaction. NAI Friedland Realty, Inc. (914-968-8500) negotiated a lease with Raymour & Flanigan for 56,000 sq.ft. of second-floor space at The Source in White Plains, NY. Cotenants at the centers include Dick’s Sporting Goods, Morton’s The Steakhouse, Whole Foods Market and The Cheesecake Factory. The company represented the tenant in the transaction. Anchor Commercial/CORFAC International (843-747-1200/954-923-6160) negotiated a lease with Walgreens for a 14,550 sq.ft. freestanding building situated on 2.5 acres at the intersection of Ashley Phosphate Road and Rivers Avenue in North Charleston, SC. The company represented the landlord in the transaction. RMC Property Group (800-728-5379) negotiated a lease with Ocala Center 6 for a 16,500 sq.ft. movie theater at Marion Shopping Center, located at the intersection of Silver Springs Boulevard and Northeast 19th Avenue in Ocala, FL. Cotenants at the center include Bealls Outlet and Rainbow Apparel. The company represented the landlord in the transaction. page 8
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American Commercial Realty (561-7751300) negotiated leases with Shoes N’ More for 1,350 sq.ft., with Harmon Face Values for 7,400 sq.ft. and with Denny’s Children’s Wear for 8,600 sq.ft. at Shoppes at Boca Greens in Boca Raton, FL. The company also negotiated a lease extension with Davito’s Restaurant for 2,400 sq.ft. at the center. The company also negotiated a lease with Singing Sam’s for 1,200 sq.ft. and a lease expansion with Sony Expo for 1,200 sq.ft. at Regency Village in Orlando, FL. The company also negotiated leases with Simply Fashion for 3,010 sq.ft. at Jacaranda Plaza, located along West Sunrise Boulevard in Plantation, FL, and for 3,300 sq.ft. at Westside South Shopping Center in Gretna, LA. Grubb & Ellis Co. (213-596-2222 ) negotiated leases with Ann Taylor Loft for 5,169 sq.ft. at The Commons at Calabasas, located along Commons Way in Calabasas, CA, and for 5,420 sq.ft. at Waterside, located along Admiralty Way in Marina Del Ray, CA. The company represented the tenant in both transactions. Matanky Realty Group (312-337-1001) negotiated a three-year lease with My Tee’s Jewels for 1,415 sq.ft. at Park Forest Theater Plaza, located in Park Forest, IL. The company also negotiated a three-year lease with VIP Fashions for 2,700 sq.ft at Hazel Crest Center, located in Chicago Heights, IL. Winick Realty Group, LLC (212-792-2600) negotiated a lease with The London Candy Co. for a 1,100 sq.ft. space at the intersection of Lexington Avenue and 94th Street in the Upper East Side area of Manhattan, NY. The company represented the landlord in the transaction. Centro Properties Group (212-869-3000) signed a lease with Crazy Buffet for 9,152 sq.ft. at Elk Grove Town Center, located at the intersection of Biesterfield Road and South Arlington Heights Road in Elk Grove Village, IL. Edge Real Estate Group negotiated a lease with for a 6,387 sq.ft. space in The company represented the transaction.
(513-489-3343) Shoe Sensation Cincinnati, OH. the landlord in
Mid-America Real Estate-Michigan, Inc. (248855-6800) negotiated a lease with Enterprise for 3,200 sq.ft. at Sargent Appliance Shopping Center, located along Hall Road in Macomb Township, MI. The company represented the landlord, Skolas Development, LLC, and Signature Associates represented the tenant in the transaction. DM
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Renaud Consulting (703-404-2346) hired John Marigliano and Josh Weiner as vice presidents. They will be responsible for tenant and landlord representation for retail clients and properties throughout the mid-Atlantic region of the U.S., as well as investment sales and business transfers. Prior to joining the company, Marigliano served as vice president of leasing and retail sales and Weiner served as a leasing agent at Thur and Associates. CSM Corp. (612-395-7108) hired Paul Sevenich as vice president of commercial leasing. He specializes in the management and leasing of retail, office and industrial properties. Prior to joining the company, he served as vice president of leasing and marketing for Kraus-Anderson Realty Co. The company specializes in the acquisition, development, leasing, management and ownership of retail, multifamily, industrial and hospitality properties throughout the continental U.S. NAI Global (609-945-4086) acquired Maestas & Ward, which will henceforth operate as NAI Maestas & Ward. The fullservice firm, based out of Albuquerque, NM, offers brokerage and leasing of retail, industrial, multifamily and office properties, as well as business brokerage and property management services, throughout NM. NAI Global, based in Princeton, NJ, offers corporate real estate services, brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence and consulting services out of 350 offices worldwide. Thur & Associates (703-879-4964) hired Lisa Coleman as vice president, leasing and investment sales. Prior to joining the company, she served at Long and Foster Real Estate, Inc., where she specialized in commercial real estate sales and leasing. Mid-America Real Estate Group (630-9547300) opened an office along Orchard Lake Road in Detroit, MI. The office is the company’s fourth in the city. Tony Schmitt, a founding principal at Mid-America Real Estate – Michigan, will direct the office, which will be staffed by Jack Uhazie, Brad Rosenberg, Gabe Schuchman, Daniel Stern and Chris Brochert. The new office will be responsible for the leasing of 200 shopping centers and representation of more than 50 retailers throughout MI. The company is a full-service retail real estate organization servicing the midwestern region of the U.S. DM
Sources of Financing Cole Real Estate Investments arranged $133 million in mortgage financing for a portfolio of 32 Albertsons grocery stores totaling 1.9 million sq.ft. throughout AZ, CO, LA, NM and TX. All properties are bound to individual 20-year NNN leases with options. The loan was secured from JP Morgan Chase Bank N.A., and featured a 5.6% interest rate. For more information, contact Marc Nemer, Cole Real Estate Investments, 2575 East Camelback Road, Suite 500, Phoenix, AZ 85016; 602-778-8700; Web site: www.colecapital.com. Holliday Fenoglio Fowler, LP arranged $41.25 million in financing on behalf of Investcorp International, Inc. for Princeton Forrestal Village, a 550,000 sq.ft. mixed-use development in Princeton, NJ. The loan was secured from Morgan Stanley for a term of five years with a fixed interest rate. The center consists of 10 buildings and features a 349,239 sq.ft. office component and a 188,198 sq.ft. retail component, with tenants including Ruth’s Chris Steakhouse and Salt Creek Grille. For more information, contact Holliday Fenoglio Fowler, LP, 1230 Avenue of the Americas, 3rd Floor, New York, NY 10020; 212-245-2425, Fax 212-245-2623; Web site: www.hfflp.com. U.S. Net Lease Holdings, LLC, with Wunderlich Securities, Inc. secured financing on behalf of Family Dollar Stores, Inc. for the construction of approximately 85 freestanding Family Dollar locations. For more information, contact Glen Cherry, U.S. Net Lease Holdings, LLC; 704-496-7155; Email: glen.cherry@jdhcapital.com; Web site: www.jdhcapital.com. Or Michael E. Mendelson, Wunderlich Securities, Inc.; 804747-7207; Email: mmendelson@wundernet.com; Web site: www.wunderlichsecurities.com. Van Corp. Financial provides debt and joint venture financing for commercial real estate projects nationwide and internationally. Loans are available in amounts above $25 million for U.S. projects and above $50 million for international projects. For more information, contact Terry Van Pelt, Van Corp. Financial; Email: vancorp@aol.com. Vestar Development Co., in a partnership with Rockwood Capital, received $200 million from German American Capital Corp. for the refinancing of Tempe Marketplace, a 1.3 million sq.ft. shopping center project located in Tempe, AZ. For more information, contact Vestar Development Co., 2425 East Camelback Road, Suite 750, Phoenix, AZ 85016; 602866-0900, Fax 602-955-2298; Web site: www.vestar.com. DM
Supermarket Chains Expand Nationwide (continued from page one)
Albeco, Inc. trades as Mollie Stones Markets at nine locations throughout CA. The upscale grocery stores, featuring bakery, cheese, deli, floral, produce, wine and liquor and seafood departments, as well as offering gluten-free, international and private-label food items, occupy spaces of 10,000 sq.ft. to 45,000 sq.ft. in lifestyle, specialty and tourist centers, as well as urban/downtown areas. Growth opportunities are sought throughout the San Francisco Bay area of CA during the coming 18 months. Typical leases run 35 years. Preferred demographics include a population of 20,000 within one mile earning $100,000 as the average household income. Major competitors include Whole Foods Market. For more information, contact Mike Stone, Albeco, Inc., 150 Shoreline Highway, Building D, Mill Valley CA 94941; 415289-5720, Fax 415-289-0141; Web site: www.molliestones.com. Giant Food Stores, LLC trades as Giant and Martin’s at 180 locations throughout MD, PA, VA and WV. The supermarkets occupy spaces of 30,000 sq.ft. to 73,000 sq.ft. in freestanding locations and lifestyle, power and strip centers. Plans call for four to six openings throughout the existing markets during the coming 18 months. Typical leases run 20 years. For more information, contact Joe LaCagnina, Giant Food Stores, LLC, 1149 Harrisburg Pike, Carlisle, PA 17013; 717240-7601, Fax 717-240-7595; Email: joseph.lacagnina@aholdusa.com. JTM Corp. trades as Piggly Wiggly at 19 locations throughout AL and GA. The supermarkets occupy spaces of 35,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. For more information, contact Keith Milligan, JTM Corp., 3745-C U.S. Highway 80 West, Phenix City, AL 36870; 334298-1974 Fax 334-298-5112; Web site: www.pigglywiggly.net. Market Basket Food Stores operates 17 locations throughout NC. The supermarkets occupy spaces of 12,000 sq.ft. to 27,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run five years with two, five-year options. For more information, contact R.D. Hunt, Market Basket Food Stores, 393 3rd Avenue Southwest, Taylorsville, NC 28681; 828632-9230, Fax 828-632-0836. www.dealmakers.net
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Ronetco Supermarkets, Inc. trades as ShopRite at seven locations throughout NJ. The supermarkets occupy spaces of 65,000 sq.ft. to 75,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout northwestern NJ and northeastern PA during the coming 18 months. Typical leases run 25 years with options. A vanilla shell and specific improvements are required. Preferred cotenants include Home Depot and Target. Preferred demographics include a population of 50,000 within three miles earning $60,000 as the average household income. Major competitors include A&P, Walmart, Stop & Shop and Pathmark. A land area of 10 acres is required for freestanding locations. The company will consider acquiring sites. For more information, contact Vic Pocorobba, Ronetco Supermarkets, Inc., 1070 Route 46, Ledgewood, NJ 07852-9735; 973-927-8300 Ext. 330, Fax 973-927-4953. Smart & Final Stores, LLC trades as Smart & Final at 250 locations throughout AZ, CA, CO, ID, NV, OR, WA and Mexico. The supermarkets, offering bulk-grocery and restaurant-quality products, occupy spaces of 25,000 sq.ft. to 30,000 sq.ft. in freestanding locations and neighborhood shopping centers. Growth opportunities are sought throughout AZ, CA, CO and NV during the coming 18 months. For more information, contact David Vine, Smart & Final Stores, LLC, 600 Citadel Drive, Commerce, CA 90040; 323-869-7500, Fax 323-869-7856; Email: david.vine@smartandfinal.com; Web site: www.smartandfinal.com. Foodmaster Super Markets, Inc. trades as Foodmaster Super Market at 11 locations throughout MA. The supermarkets, featuring bakery, produce, deli, meat and seafood departments, occupy spaces of 20,000 sq.ft. to 40,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the greater Boston, MA area during the coming 18 months. For more information, contact John DeJesus, Foodmaster Super Markets, Inc., 100 Everett Avenue, Suite 12, Chelsea, MA 02150; 617-660-1300 Ext. 219, Fax 617D M 660-1399.
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Lead Sheet Carquest Auto Parts Josh Weiner c/o Renaud Consulting 8605 Westwood Center Drive, Suite 309 Vienna, VA 22182 703-404-4346 Email: jweiner@renaudconsulting.net
Automotive The 3,000-unit chain operates locations nationwide. The stores, offering automotive products, accessories, supplies and equipment, occupy spaces of 5,500 sq.ft. to 7,500 sq.ft. Growth opportunities are sought throughout California, Frederick, Laurel and Silver Spring, MD and Arlington, Alexandria, Fairfax, Manassas and Sterling, VA during the coming 18 months, with representation by Renaud Consulting. The company prefers to locate in sites with tall ceilings and truck access.
Lube Pro’s 10-Minute Oil Change Ray Keating 1740 South Bell School Road Cherry Valley, IL 61016 815-332-9200, Fax 815-332-9355 Email: rayk@lubepros.com Web site: www.lubepros.com
Automotive The 34-unit chain operates locations throughout IL, MN, TN and WI. The automotive service centers, offering oil changes, occupy spaces of 1,800 sq.ft. in freestanding locations and power and strip centers. Growth opportunities are sought throughout the midwestern region of the U.S. during the coming 18 months. Typical leases run 20 years with five, five-year options. Specific improvements are required. Preferred cotenants include grocery stores. Preferred demographics include a population of 30,000 within three miles earning $45,000 as the average household income. Major competitors include Jiffy Lube and Valvoline Instant Oil Change. A land area of 15,000 sq.ft. to 20,000 sq.ft. is required for freestanding locations. The company is franchising.
Peerless Tyre Co. Jeff Forbes 5000 Kingston Street Denver, CO 80239 303-371-4300 Ext. 128, Fax 303-371-4749 Web site: www.peerlesstyreco.com
Automotive The 60-unit chain operates locations throughout CO, KS, NE, NM, SD, TX and WY. The tire centers occupy spaces of 3,000 sq.ft. to 5,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. A land area of 20,000 sq.ft. is required.
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@goddardsystems.com Web site: www.goddardschool.com
Child Care The 371-unit chain operates locations nationwide. The child care learning centers occupy spaces of 8,000 sq.ft. in freestanding locations and endcaps of shopping centers. Plans call for more than 50 openings nationwide during the coming 18 months. Typical leases run 15 years. The company prefers to locate near elementary schools, medical offices and upscale residential areas, prefers sites with an outdoor play area and will consider retrofits, build-to-suits and urban/downtown locations. A land area of one to 1.5 acres is required for freestanding locations. The company is franchising.
7-Eleven, Inc. dba 7-Eleven James P. Bauer 1300 Lee Road Orlando, FL 32810 407-532-2060, Fax 407-532-1811 Web site: www.7-11.com
Convenience The 8,100-unit chain operates locations nationwide and throughout Canada. The convenience stores occupy spaces of 1,800 sq.ft. to 3,200 sq.ft. in freestanding locations, strip centers and downtown areas. Growth opportunities are sought throughout FL during the coming 18 months. The company will consider ground leasing or acquiring sites.
Brenco Marketing dba Zip-N-Food Stores Kenneth Broach PO Box 3819 Bryan, TX 77805 979-260-3835 Ext. 27, Fax 979-691-8588
Convenience The nine-unit chain operates locations throughout TX. The convenience stores, with gasoline facilities, occupy spaces of 5,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing market during the coming 18 months. The company prefers to acquire sites and expansion is licensee-driven.
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Lead Sheet GEO H. Green Oil, Inc. dba Greenway Stores John Davis PO Box 127 Fairburn, GA 30213 770-964-6125 Web site: www.greenoilco.com
Convenience The 100-unit chain operates locations throughout GA. The convenience stores occupy spaces of 3,000 sq.ft. in freestanding locations and tourist centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Preferred cotenants include fast food restaurants. A land area of one to 10 acres is required for freestanding locations.
Evergreen Oil Co. dba Stop ‘N Save Scott Smith 1202 Bergen Parkway, Suite 303 Evergreen, CO 80439 Email: sws@evergreenoil.net
Convenience The 32-unit chain operates locations throughout CO. The convenience stores, with gasoline facilities, occupy spaces of 4,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing market during the coming 18 months. The company will only acquire sites and prefers site submittals to be sent via email.
Johnny Quik Food Stores, Inc. dba Johnny Quik Food Stores Ernie Beal 96 Shaw Avenue, Suite 240 Clovis, CA 93612 559-297-6830, Fax 559-297-7519
Convenience The 18-unit chain operates locations throughout CA. The convenience stores occupy spaces of 3,400 sq.ft. in freestanding locations. Growth opportunities are sought throughout Fresno, CA during the coming 18 months. Preferred demographics include a population of 25,000 within two miles earning $50,000 as the average household income.
Planet Beauty, Inc. dba Planet Beauty Bahman Fakhimi 3199-A Red Hill Avenue Costa Mesa, CA 92626 949-752-1885, Fax 949-752-1887 Web site: www.planetbeauty.com
Cosmetics The 30-unit chain operates locations throughout CA. The stores, offering beauty supplies, occupy spaces of 1,400 sq.ft. to 2,500 sq.ft. in affluent neighborhoods. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run five years. A vanilla shell and specific improvements are required. Preferred demographics include a population of 20,000 within one mile earning at least $100,000 as the average household income.
TOL Franchise Group dba Top of The Line Fragrances Steven Ciaverelli 515 Bath Avenue Long Branch, NJ 07740 732-229-0014 Email: info@tolfranchise.com Web site: www.tolfranchise.com
Cosmetics The 12-unit chain operates locations throughout AZ, CA, FL, MD, NC, NJ, PA, TX and VA. The stores, offering cosmetics and fragrances, occupy spaces of 1,000 sq.ft. to 1,500 sq.ft. in malls and outlet and power centers. Limited growth opportunities are sought nationwide during the coming 18 months. Typical leases run 10 years. A vanilla shell and specific improvements are required. Preferred cotenants include fashion retailers. The company is franchising and is site-selective.
R.H. Reny, Inc. dba Reny’s John Reny 731 Route 1 Newcastle, ME 04553 207-563-3177, Fax 207-563-5681 Web site: www.renys.com
Department Store The 14-unit chain operates locations throughout ME. The department stores occupy spaces of 20,000 sq.ft. to 30,000 sq.ft. in strip centers and urban/downtown areas. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run 10 years. A vanilla shell is required. Preferred demographics include a population of 25,000 within 10 miles.
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Lead Sheet Stein Mart Wally Limburg c/o Strategic Retail Advisors 3990 Westerly Place, Suite 230 Newport Beach, CA 92660 949-640-6678 Ext. 12 Email: wally@strategicretailadvisor.com Web site: www.strategicretailadvisor.com
Department Store The 260-unit chain operates locations nationwide throughout 30 states. The department stores, offering apparel, accessories, footwear and home dĂŠcor items, occupy spaces of 28,500 sq.ft. in power, specialty and strip centers. Growth opportunities are sought throughout southern CA during the coming 18 months, with representation by Strategic Retail Advisors. Typical leases run 10 years. A vanilla shell and specific improvements are required. Preferred demographics include a trade-area population earning $75,000 as the average household income.
Kinney Drugs, Inc. dba Kinney Drugs Dave McClure 29 East Main Street Gouverneur, NY 13642 315-287-1500, Fax 315-287-4291 Web site: www.kinneydrugs.com
Drug Store The 102-unit chain operates locations throughout NY and VT. The drug stores occupy spaces of 11,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 15 to 20 years. A vanilla shell and specific improvements are required. Preferred demographics include a population of 7,000 within three miles. Major competitors include Rite Aid and Walgreens. A land area of 1.5 acres is required.
Realo Discount Drug Stores, Inc. dba Realo Discount Drug Robert Bizzell 300 North Queen Street Kinston, NC 28501 252-527-6929, Fax 252-527-8247
Drug Store The 11-unit chain operates locations throughout NC. The drug stores occupy spaces of 600 sq.ft. to 2,400 sq.ft. in strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run five years. A vanilla shell is required. Preferred cotenants include grocery stores. Major competitors include Walgreens.
Sav-Mor, Inc. dba Sav-Mor Pharmacy, Bertram Pharmacy and Toledo Pharmacy David Falk 2245 West Mound Road Decatur, IL 62526 217-362-6266, Fax 217-362-6241
Drug Store The 10-unit chain operates locations throughout IL. The drug stores occupy spaces of 2,500 sq.ft. in downtown areas. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run five years. Preferred demographics include a population of 3,000 within seven miles.
Elements Brian Silbert or Alissa Hodum c/o Silbert Realty & Management Co., Inc. 85A Division Avenue / PO Box 406 Millington, NJ 07946 908-604-6900, Fax 908-604-2030 Web site: www.silbertrealestate.com
Fitness The eight-unit chain operates locations throughout FL, GA, IL, KY, ND, NH and OH. The health clubs occupy spaces of 2,500 sq.ft. to 6,000 sq.ft. in endcaps and inline spaces of shopping centers. Growth opportunities are sought throughout select markets in NJ during the coming 18 months, with representation by Silbert Realty & Management Co., Inc. The company prefers upscale cotenants.
Dollar Zone, LLC dba Dollar Zone Pete Newmeyer 24 Elm Terrace Shopping Center Wheeling, WV 26003 304-243-9008, Fax 304-242-8877
General Merchandise The seven-unit chain operates locations throughout OH and WV. The general merchandise stores occupy spaces of 5,000 sq.ft. to 10,000 sq.ft. in strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months.
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Lead Sheet Hair Cuttery David Emihovich or Lindsey Alexander c/o Katz & Associates Corp. 2300 Glades Road, Suite 460W Boca Raton, FL 33431 561-361-7232, Fax 561-361-7276 Emails: demihovich@dkatz.com and lindseyalexander@dkatz.com Web site: www.katzassociates.com
Hair The 900-unit chain operates locations nationwide. The hair salons occupy spaces of 900 sq.ft. to 1,200 sq.ft. in new retail projects or second-generation locations. Growth opportunities are sought throughout southern and Broward, Dade and Palm Beach counties in FL during the coming 18 months, with representation by Katz & Associates Corp.
Cooper & Co., Inc. / Dakota Watch Co. dba Dakota Watch Co. David Cooper 10179 Commerce Park Drive Cincinnati, OH 45246 513-942-6066, Fax 513-942-6228 Web site: www.dakotawatchco.com
Jewelry The 150-unit chain operates locations nationwide. The stores, offering watches and related accessories and services, occupy kiosks in regional malls. Growth opportunities are sought east of the Mississippi River during the coming 18 months. Typical leases run three years. Preferred demographics include a population of 250,000 within five miles earning $50,000 as the average household income.
Staples Jay Cohen c/o L3 Corp. 12655 Olive Boulevard, Suite 220 St. Louis, MO 63141 314-469-7400, Fax 314-576-9768 Email: jay@l3corp.net Web site: www.l3corp.net
Office Supplies The 2,000-unit chain operates locations nationwide and internationally. The office supply stores occupy spaces of 18,000 sq.ft. in freestanding locations and power and strip centers. Growth opportunities are sought throughout MO during the coming 18 months, with representation by L3 Corp.
Penzeys Spices George Van Valkenburg PO Box 924 Brookfield, WI 53008 262-785-7615, Fax 262-785-7678 Email: george@penzeys.com Web site: www.penzeys.com
Specialty The 55-unit chain operates locations throughout AL, AZ, CA, CO, CT, FL, IA, IL, IN, KS, MA, MD, MI, MN, MO, NC, NE, NY, OH, OR, PA, TN, TX, VA, WA and WI. The stores, offering a variety of seasonings and spices, occupy spaces of 2,500 sq.ft. to 3,500 sq.ft. in freestanding locations and specialty and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run three to five years with two, five-year options. A vanilla shell is required. Preferred cotenants include Barnes & Noble, Pier 1 Imports, Trader Joe’s, Whole Foods Market and Williams-Sonoma. Preferred demographics include a population of 250,000 within five miles.
The Shefield Group dba Shefield & Sons Tobacconists, Shefield Gourmet and Shefield Express Byron Hildebrand 2265 West Railway Street Abbotsford, British Columbia, CN V2S 2E3 604-859-1014, Fax 604-859-1711 Email: byron@shefield.com Web site: www.shefield.com
Specialty The 86-unit chain operates locations throughout Canada. The newsstands/convenience stores occupy spaces of 250 sq.ft. to 700 sq.ft. in hotels, malls and office towers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run five years with five-year options.
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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Connecticut
Georgia
Hollywood – A 1,650 sq.ft. space located along Hollywood Boulevard is available. Area retail includes Amoeba Music and Urban Outfitters. Area demographics include a population of 1.037 million within five miles earning $64,318 as the average household income. The average daily traffic count is 50,000 vehicles. For details, contact Todd Nathanson or Greg Offsay, illi Commercial Real Estate, 17547 Ventura Boulevard, Suite 304, Encino, CA 91316; 818-501-2212 Ext. 101/104, Fax 818-501-2202; Emails: todd@illicre.com and greg@illicre.com; Web site: www.illicre.com.
366 Madison Avenue, 5th Floor, New York, NY 10017; 212-710-5257/5240; Emails: erin.grace@srsre.com and patrick.smith@srsre.com; Web site: www.srsre.com. For details regarding the Westport property, contact Christa Minogue; 212-710-5247; Email: christa.minogue@srsre.com.
Foxy Nail Salon, Carter’s, Reebok, Philips Van Heusen, L’eggs/Hanes, G.H. Bass and Kani Japanese Steakhouse. Area demographics include a population of 1.129 million within 45 miles earning $45,933 as the average household income. The average daily traffic count is 13,000 vehicles. For details, contact Eric Frankel, Lexington Realty International, 911 East County Line Road, Lakewood, NJ 08701; 732-415-6882, Fax 732-363-8006; Email: eric@lexingtonco.com; Web site: www.lexingtonco.com. Or Sholom Jacobs, Jacobs|Real Estate Advisors, 141 Washington Avenue, Suite 201, Lawrence, NY 11559; 212-868-1234 Ext. 100; Email: sjacobs@jacobsrea.com.
Connecticut Fairfield – Kings Crossing Shopping Center, an 86,250 sq.ft. center located at the intersection of Kings Highway and Grasmere Avenue, has a divisible space of 22,900 sq.ft. available. Whole Foods Market and CVS anchor the center. Area retail includes Staples, Syms, BJ’s Wholesale Club and Home Depot. Area demographics include a population of 193,908 within five miles earning $53,166 as the median household income. Westport – A 9,600 sq.ft. building located along Main Street has space available. Area retail includes Williams-Sonoma, Banana Republic, Gap, J. Crew, Pottery Barn and Patagonia. Area demographics include a population of 373,460 within 10 miles earning $82,008 as the median household income. For details, contact Christa Minogue, SRS Real Estate Partners, 366 Madison Avenue, 5th Floor, New York, NY 10017; 212-7105247; Email: christa.minogue@srsre.com; Web site: www.srsre.com. For additional information regarding the Fairfield property, contact Patrick A. Smith; 212-710-5240; Email: patrick.smith@srsre.com. Greenwich – A divisible 3,144 sq.ft. space located along East Elm Street is available. Area retail includes Restoration Hardware, Brooks Brothers, Tory Burch, Michael Kors, Lucky, Dooney & Bourke, Saks Fifth Avenue, Lillian August and Tiffany & Co. Area demographics include a population of 144,848 within five miles earning $85,634 as the median household income. Westport – A 1,350 sq.ft. space located at the intersection of Main Street and Post Road is available. Area retail includes Ann Taylor, Coach, Banana Republic, Tiffany & Co. and Patagonia. Area demographics include a population of 383,059 within 10 miles earning $80,612 as the median household income. For details regarding the Greenwich property, contact Erin Grace or Patrick A. Smith, SRS Real Estate Partners, page 16
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Georgia Cumming – Lanier Commons Shopping Center, a 74,471 sq.ft. center located at the intersection of Keith Bridge Road and Browns Bridge Road, has spaces available from 1,500 sq.ft. to 5,000 sq.ft. Publix anchors the center and cotenants include Famous Hair, Rice Restaurant, State Farm Insurance, Mail Room, Georgia Nails, and Johnny’s Pizza. Area demographics include a population of 40,859 within five miles earning $81,000 as the average household income. The average daily traffic count is 41,220 vehicles. Sandy Springs – Exchange at Hammond Shopping Center, a 176,376 sq.ft. center located at the intersection of Roswell Road and Hammond Drive, has a 3,000 sq.ft. space available along with a 10,526 sq.ft. storage space. Whole Foods Market, Ross Dress for Less and Office Depot anchor the center. Cotenants include Petco, Mike’s Chicago Dogs, Salon Shaffer, My Friend’s Place, Knuckle Up Fitness, Psycho Sisters, Dollar Tree, Nationwide Insurance, NV3 Beauty, Diamond Grader, Canton Cooks Chinese, Hammond Nails and Hearth Pizza. Area demographics include a population of 195,187 within five miles earning $122,000 as the average household income. The average daily traffic count is 49,517 vehicles. For details regarding the Cumming property, contact Tosh Wolfe, Mimms Enterprises, 780 Old Roswell Place, Suite 100, Roswell, GA 30076; 770-518-2200; Email: twolfe@mimmsenterprises.com; Web site: www.mimmsenterprises.com. For details regarding the Sandy Springs property, contact Charlie Tope; Email: ctope@mimmsenterprises.com. Dalton – Dalton Outlet Shops, a 180,853 sq.ft. center situated on 18.02 acres at the intersection of Walnut Avenue and Market Street, has spaces available from 600 sq.ft. to 5,035 sq.ft. Harley Davidson anchors the center and cotenants include Outback Steakhouse, OshKosh B’Gosh, The Paper Factory, Toys In The Attic, Factory Brand Shoes, Vitamin World, Bon Worth, Kitchen Collection, Totes Isotoner, rue21, Tony’s Italian Grill, Rack Room Shoes, dressbarn,
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Nashville – Harvey’s Plaza, located along McPherson Street, has a 5,000 sq.ft. space available. Harvey’s anchors the center. Area demographics include a population of 95,606 within five miles earning $83,534 as the median household income. For details, contact John Tennant, Franklin Street Financial, 3525 Piedmont Road Northeast, Building Five, Suite 200, Atlanta, GA 30305; 404-832-1250; Email: john.tennant@fsfp.com; Web site: www.franklinstreetfinancial.com.
Illinois Country Club Hills – Country Club Plaza, located at the intersection of 167th Street and Crawford Avenue, has spaces available from 1,000 sq.ft. to 2,050 sq.ft. along with outlots available for purchase or ground lease. Walmart Supercenter and Loew’s Cinema anchor the center. Cotenants include Guitar Center, Bare Feet Shoes, Applebee’s, McDonald’s, Panda Express, Payless ShoeSource, Foot Locker, Rainbow and RadioShack. Area demographics include a population of 220,360 within five miles earning $73,010 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 a 1,500 sq.ft. space available along with a 21,000 sq.ft. divisible junior anchor space and outlots available for purchase or ground lease. Walmart Supercenter anchors the center. Area demographics include a population of 62,525 within five miles earning $92,750 as the average household income. The average daily traffic count is 30,450 vehicles. Minooka – Heartland Crossing, located at the intersection of Route 6 and Corner Ridge Road, has spaces available from 1,100 sq.ft. to 3,475 sq.ft. Cotenants include Jewel-
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Osco, Culvers, Dunkin’ Donuts, AutoZone and Giordano’s. Area demographics include a population of 43,425 within seven miles earning $81,643 as the average household income. The average daily traffic count is 13,500 vehicles. Yorkville – Yorkville Marketplace, located at the intersection of Route 47 and Route 34, has spaces available from 1,000 sq.ft. to 2,400 sq.ft. Cotenants include Jewel-Osco, OfficeMax, Panera Bread, Hallmark and Quiznos. Area demographics include a population of 86,234 within seven miles earning $84,453 as the average household income. The average daily traffic count is 46,000 vehicles. 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.
Eyes, Barnes & Noble, South Moon Under, Cahara Hair, Lindt Chocolate, Corner Bakery, Rio Grande, Joe’s Crab Shack, Mac Grill, Copper Canyon Grill, Potbelly Sandwich Works, California Pizza Kitchen, Imagine, Bach to Rock, Lilly Magilly’s, Little Gym, Sprint, Charming Charlie, Jos. A. Bank, Amazing Art Studio, Starbucks, 16 Handles, Comfort One Shoes, Ecco, Sport & Health, Café Deluxe, Tara Thai, Café Spice, Village Green Grill and Guapo’s. Area demographics include a population of 548,703 within five miles earning $94,006
as the average household income. For details, contact Andrew Kabat, The Peterson Cos., 12500 Fair Lakes Circle, Suite 400, Fairfax, VA 22033; 703-631-7533, Fax 703-631-6481; Email: akabat@petersoncos.com; Web site: www.petersoncos.com.
Massachusetts Needham – A divisible 3,100 sq.ft. space located along Great Plain Avenue is available. The asking rent is $29 psf NNN. (continued on page eighteen)
Maryland Frederick – Frederick Shoppers World Shopping Center, located along Route 40, has a 3,200 sq.ft. space available. Cotenants include Giant Eagle, Petco and McDonald’s. Lexington Park – A divisible 9,000 sq.ft. building and a two-acre pad site located at the intersection of Route 235/Three Notch Road and Buck Hewitt Road are available. Area retail includes Kohl’s. Area demographics include a population of 74,080 within seven miles earning $81,676 as the average household income. Waldorf – Waldorf Shoppers World Shopping Center, located along Route 301, has spaces available from 1,500 sq.ft. Cotenants include Borders, Bed Bath & Beyond, Burlington Coat Factory, The Sports Authority, Chipotle, FedEx Office, Einstein Bagels and Red Hot & Blue. Also, a 6,359 sq.ft. freestanding restaurant situated on 2.07 acres is available. Area retail includes St. Charles Towne Center. The average daily traffic count is 70,000 vehicles. For details, contact Les Sax, Sax Realty, Inc., 4931 Cordell Avenue, Bethesda, MD 20814; 240-497-1192, Fax 240-497-1070; Email: lsax@saxrealty.com; Web site: www.saxrealty.com. Gaithersburg – Washington Center, a 760,000 sq.ft. center located off Interstate 270, has space available. Kohl’s, Target, Loew’s Cineplex and Dick’s Sporting Goods anchor the center. Cotenants include Justice, Ann Taylor Loft, Pier 1 Imports, Lane Bryant, Kay Jewelers, Bath & Body Works, GNC, Omaha Steaks, Chico’s, Love Your www.dealmakers.net
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Also, a divisible 5,800 sq.ft. space located along Highland Avenue is available. The asking rent is $25 psf NNN. For details, contact Daniel M. Gardner, CRG Commercial, 77 Franklin Street, 3rd Floor, Boston, MA 02110; 617-3934200, Fax 617-845-0337; Web site: www.crgcommercial.com.
Michigan Flint – An 8,520 sq.ft. freestanding building situated on 1.03 acres at the intersection of M-56/Corunna Road and Dye Road is available. Area demographics include a population of 103,020 within five miles earning $48,750 as the average household income. The asking rent is $4 psf NNN with taxes of $1.49 psf. Taylor – A 4,650 sq.ft. freestanding restaurant building located at the intersection of Interstate 75 and Eureka Road is available. Area retail includes Home Depot and Southland Mall. Area demographics include a population of 228,676 within five miles earning $59,911 as the average household income. The average daily traffic count is 37,600 vehicles. For details, contact Craig D. Samson, Win Properties, Inc., 10 Rye Ridge Plaza, Suite 200, Rye Brook, NY 10573; 914468-7300, Fax 914-468-7330; Email: csamson@winprop.com. For additional information regarding the Flint property, contact Erin Hinchey; Email: ehinchey@winprop.com.
New Hampshire Rochester – Rochester Crossing, a 304,500 sq.ft. center located at the intersection of Route 16/Spaulding Turnpike and Route 202, has space available. Kohl’s and Lowe’s Home Improvement anchor the center. Cotenants include Fashion Bug, Maurices, Famous Footwear and GameStop. Area demographics include a population of 178,970 within 15 miles earning $70,745 as the average household income. The average daily traffic count is 40,000 vehicles. For details, contact The Wilder Cos., 800 Boylston Street, Suite 1300, Boston, MA 02199; 617-247-9200, Fax 617-247-4044; Web site: www.wilderco.com.
New Jersey Lawrenceville – Lawrenceville Shopping Center, a 425,000 sq.ft. power center situated on 30 acres at the intersection of Route 1 and Texas Avenue, has spaces available of page 18
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1,500 sq.ft.; 8,000 sq.ft. and 20,000 sq.ft. Burlington Coat Factory, MJM Shoes, Acme, Staples, Hallmark, Hollywood Tans and RadioShack anchor the center. Area retail includes Target, Walmart, Lowe’s Home Improvement, Home Depot, Wegmans, Joe’s Crab Shack and Quakerbridge Mall. Area demographics include a population of 235,000 within five miles earning $78,500 as the average household income. The average daily traffic count is 40,000 vehicles. For details, contact Shane Wierks, Jeffery Realty, Inc., 116 Route 22, North Plainfield, NJ 07060; 908-668-9600, Fax 908-668-5225; Email: swierks@jefferyrealty.com; Web site: www.jefferyrealty.com.
Santa Fe – A 7,000 sq.ft. freestanding former Blockbuster Video located at the intersection of Cerillos Road and Osage Avenue is available. Area demographics include a population of 84,196 within five miles earning $73,532 as the average household income. The asking rent is $12 psf NNN with taxes of $1.25 psf. For details, contact Craig D. Samson, Win Properties, Inc., 10 Rye Ridge Plaza, Suite 200, Rye Brook, NY 10573; 914468-7300, Fax 914-468-7330; Email: csamson@winprop.com. For additional information regarding the Santa Fe property, contact Erin Hinchey; Email: ehinchey@winprop.com.
Ledgewood – A 7,000 sq.ft. building situated on 1.2 acres along State Route 10 East has a 4,679 sq.ft. space available. Cotenants include Java Joe’s Bagels. Area retail includes Walmart, Barnes & Noble, Marshalls, Ashley Furniture, Staples, Kohl’s and Home Depot. Area demographics include a population of 107,534 within five miles earning $103,290 as the average household income. The average daily traffic count is 35,207 vehicles. Ocean Township – A 1.09 million sq.ft. power center located at the intersection of Route 66, Route 35 and Route 18 has two spaces available of 18,498 sq.ft. along with spaces of 63,566 sq.ft. and 63,567 sq.ft. and outlots from 1.153 acres to 3.307 acres. Sears, Target, Costco, Burlington Coat Factory, Michaels and PetSmart anchor the center. Area retail includes Starbucks, Applebee’s, Baja Fresh, Chase Bank, Five Guys Famous Burgers and Fries, Dollar Tree, GameStop, Subway, ShopRite, HomeGoods and Marshalls. Area demographics include a population of 318,851 within 10 miles earning $96,690 as the average household income. The average daily traffic count is 88,337 vehicles. For details, contact Jerry Putterman, Grubb & Ellis Co., Greenbrook Executive Center, 100 Passaic Avenue, Fairfield, NJ 07004; 973-486-2516, Fax 973-486-2501; Email: jerry.putterman@grubb-ellis.com; Web site: www.grubb-ellis.com. For additional information regarding the Ocean Township property, contact Dean Tselepis; 973-4862534; Email: dean.tselepis@grubb-ellis.com.
New York
New Mexico Albuquerque – An 8,000 sq.ft. freestanding building situated on 1.08 acres along Central Avenue Southeast is available. The average daily traffic count is 27,000 vehicles. The asking rent is $10 psf NNN with taxes of $1.20 psf.
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Brooklyn – An 11,000 sq.ft. community shopping center located along Emmons Avenue between Dooley Street and East 23rd Street has a 1,600 sq.ft. space available along with a divisible space of 1,810 sq.ft. Area demographics include a population of 1.136 million within five miles earning $51,984 as the average household income. For details, contact George Hofman, George Hofman Realty; 718-332-4000; Email: ghdev@aol.com. Dobbs Ferry – Chauncey Square at Dobbs Ferry, a 39,478 sq.ft. center located off Saw Mill River Parkway, has space available. NYSC anchors the center and cotenants include Oasis Day Spa, Verizon Wireless, Smoothie King and Starbucks. Area demographics include a population of 533,630 within seven miles earning $123,575 as the average household income. For details, contact Daniel C. Richman, Philips International, 295 Madison Avenue, New York, NY 10017; 212-951-3848, Fax 212-545-1355; Email: drichman@pihc.com; Web site: www.pihc.com. Freeport – A 9,100 sq.ft. strip center located at the intersection of East Sunrise Highway and Henry Street has a 3,600 sq.ft. space available. Cotenants include T-Mobile. Area retail includes Dunkin’ Donuts. Area demographics include a population of 428,440 within five miles earning $99,356 as the average household income. The average daily traffic count is 50,000 vehicles. For details, contact Allen Pilevsky or Hope Pilchik, Interstate Management, 2555 Ocean Avenue, Brooklyn, NY 11229-4552; 718-616-2000; Email: info@imcmail.com. (continued on page twenty)
Over 6,000
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? TenantSearch 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 6,000 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.
Try a Demo to See for Yourself How Easy TenantSearch is to Use! Just call us for a demo on CD-Rom or go online at www.tenantsearch.com
Daily Email Alerts Retailer expansion plans are updated daily and online TenantSearch users receive 5 to 25 leads daily via email. 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.
Call 1-800-732-5856 or visit our Web site at www.tenantsearch.com
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Fax your order to: (609-587-3511)
Mail your order to: PO Box 2630 Mercerville, NJ 08690 National Edition (approx. 6,000 leads)
$589 (CD-ROM) $369 (Online) $369 (Hardcopy) $689 (Online & CD-ROM) Regional Edition (approx. 2,500 leads per region)
West Midstates East South $379 (CD-ROM) $289 (Online) $289 (Hardcopy) $479 (Online & CD-ROM) Online Access, please provide Email address: _____________________________ Password (minimum 4 characters, case-sensitive): __________________________
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Jamaica – A 45,000 sq.ft. mixed-use center located at the intersection of Parsons Boulevard and 89th Avenue has spaces available of 4,328 sq.ft.; 4,830 sq.ft. and 8,375 sq.ft. Area demographics include a population of 1.6 million within five miles. The asking rent ranges from $40 psf to $75 psf. For details, contact Jerry Dweck, Besen Retail, LLC, 381 Park Avenue South, New York, NY 10016; 212-213-6480, Fax 646472-8754; Email: jdweck@besenretail.com. Poughkeepsie – Nine Mall Plaza, a 193,814 sq.ft. center situated on 21.4 acres along Route 9 North, has spaces available of 8,750 sq.ft. and 20,866 sq.ft. Kohl’s shadow-anchors the center and Babies “R” Us and Borders anchor the center. Cotenants include Foot Locker, Verizon FiOS and Bridgestone Tires. Area demographics include a population of 71,000 within five miles earning $88,500 as the average household income. The average daily traffic count is 40,000 vehicles. The asking rent is $18 psf for the 8,750 sq.ft. space and $16.50 psf for the 20,866 sq.ft. space. For details, contact Mainardi Management, 1680 Route 23, Suite 330, Wayne, NJ 07470; 973-696-9265, Fax 973-696-1880; Email: chris@mainardimanagement.com; Web site: www.mainardimanagement.com.
North Carolina Concord – Concord Plaza Shopping Center, located along Concord Parkway North, has a 1,476 sq.ft. endcap space available along with a 0.5-acre outlot. Cotenants include Rent-A-Center, Northern Tool & Equipment and Family Dollar. Area retail includes CVS, Lowe’s Home Improvement, AutoZone and Goodyear. Area demographics include a population of 92,678 within five miles earning $64,718 as the average household income. The average daily traffic count is 30,000 vehicles. The asking rent is $14 psf. For details, contact Keely Lane or Catherine Bickford, Merrick Patrick Vermillion, 521 East Morehead Street, Suite 400, Charlotte, NC 28202; 704-367-5021/5022; Emails: klane@mpvre.com and cbickford@mpvre.com; Web site: www.mpvre.com.
Ohio Van Wert – Van Wert Plaza, an 87,567 sq.ft. center situated on 9.5 acres at the intersection of South Shannon Street and Ervin Road, has spaces available of 5,016 sq.ft. and 10,806 page 20
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sq.ft. along with a 0.911-acre outlot. Marsh Supermarket and Big Lots anchor the center. Cotenants include Sears, P&R Home Services, Burger King and Smoke & Mirrors. Area demographics include a population of 14,336 within five miles earning $44,355 as the median household income. For details, contact Alan Retkinski, Lexington Realty International, 911 East County Line Road, Lakewood, NJ 08701; 888-574-8882 Ext. 1, Fax 732-363-8006; Email: alan@lexingtonco.com; Web site: www.lexingtonco.com.
7700 Ext. 124, Fax 610-645-5454; Email: gjones@equityretailbrokers.com; Web site: www.equityretailbrokers.com.
Pennsylvania Chambersburg – Chambersburg Mall, located off Interstate 81, has spaces available of up to 10,000 sq.ft. Burlington Coat Factory, Sears, JCPenney and Carmike Cinemas anchor the center. Area retail includes Landmark Equipment, Gander Mountain and McDonald’s. Area demographics include a population of 89,061 within 10 miles earning $60,404 as the average household income. Ephrata – Ephrata Marketplace, a neighborhood shopping center located along East Main Street, has space available along with pad sites. Giant Food anchors the center. Area retail includes Walmart Supercenter. Area demographics include a population of 50,524 within five miles earning $65,647 as the average household income. York – Two outlots of 1.37 acres and 2.75 acres along Memory Lane are available. Area demographics include a population of 133,270 within five miles earning $63,908 as the average household income. The average daily traffic count is 18,027 vehicles. For details, contact William Aiello or George Lulos, Colliers International, Commerce Towers, 300 North Second Street, Suite 1203, Harrisburg, PA 17101; 717-579-0844 or 717-880-5900; Emails: william.aiello@colliers.com and george.lulos@colliers.com; Web site: www.colliers.com. Horsham – Maple Glen Center, a 9,983 sq.ft. strip center, has a 3,000 sq.ft. space available. Cotenants include Custom Cleaners, La Cucina Fanti-Pizza and Dunkin’ Donuts. Area demographics include a population of 175,168 within five miles earning $85,975 as the average household income. The average daily traffic count is 17,137 vehicles. The asking rent is $25 psf with NNN fees of $6.10 psf. For details, contact Gregory Jones, Equity Retail Brokers, 101 West Elm Street, Suite 370, Conshohocken, PA 19428; 610-645-
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McMurray – Waterdam Centre has a 2,814 sq.ft. space available. Area retail includes Rite Aid, Panera Bread and Community Bank. North Fayette – Summit Park Shoppes has an 8,000 sq.ft. space available. Area retail include Buffalo Wild Wings, Home Depot, El Campesino, Best Buy and Target. For details, contact Herky Pollock or Jason Cannon, CB Richard Ellis, 600 Grant Street, Suite 1400, Pittsburgh, PA 15219; 412-3949840/9805; Email: herky.pollock@cbre.com and jason.cannon@cbre.com; Web site: www.cbre.com/pittsburgh.
Texas The Colony – Colonnade Plaza, located along State Highway 121, has a divisible space of 16,000 sq.ft. Cotenants include Edward Jones. Area retail includes Chase Bank, Discount Tire Co., Staples and Walmart. Area demographics include a population of 173,532 within five miles earning $105,992 as the average household income. The average daily traffic count is 59,165 vehicles. For details, contact David Zoller or Beau Barkerding, The Weitzman Group, 3102 Maple Avenue, Suite 350, Dallas, TX 75201; 214-954-0600, Fax 214-953-0866; Emails: dzoller@weitzmangroup.com and bbarkerding@weitzmangroup.com. Plano – McDermott Plaza, located along McDermott Road, has a 760 sq.ft. space available. Cotenants include Jet’s Pizza and Allstate Insurance. Area retail includes CVS. Area demographics include a population of 110,263 within three miles earning $112,223 as the average household income. The average daily traffic count is 27,523 vehicles. The asking rent is $20 psf with NNN fees of $5 psf. Watauga – Regency Square, located at the intersection of Watauga Road and Rufe Snow Drive, has spaces available of 1,100 sq.ft.; 5,250 sq.ft. and 8,750 sq.ft. Area retail includes Taco Casa, Discount Tire, Papa John’s, CVS, Big Lots, Burger King, Chase Bank and Taco Bell. Area demographics include a population of 121,367 within three miles earning $73,439 as the average household income. The average daily traffic count is 50,347 vehicles. The asking rent ranges from $4 psf to $10 psf with NNN fees of $2.25 psf. For details regarding the Plano property, contact Dan Looney or Britton (continued on page twenty-two)
d o o g g n i k o o l s i 201 Rep ortin g The Nat ion’ s Wee kly New s on XLIII Ret ailin g & Ret ail Rea l Esta te
Volume XXV No.
Apparel Chains Exp and
May 22-25, 2011 The Dealmakers May 27th issue
distributed at RECon The Global Retail Real Estate Convention in Las Vegas, NV, delivers your advertising message to the real decision makers. Our readers respond and our advertisers get results. SET THE STAGE Book appointments in advance by placing your ad in The Dealmakers May 13th pre-show issue, telling everyone you’re ready to make deals!
November 12, 2010
Nationwide
Eileen Fisher, Inc. FEaTuRiN trades as Eileen Fisher, g Fisher Co. Store, Eileen Fisher Boutiq Eileen Jos. A. Bank Clothiers, Inc. trades as Jos. Eileen Fisher Lab ue and Bank Clothie Store at 52 locatio ICSC Southeast Confe A. rs at 494 locations ns throughout AZ, CA, CO, CT, nationwide. The rence stores, offering men’s FL, IL, MA, MD, MI, NJ, NM, of apparel, occupy New Construction NY, OR, PA, VA, spaces 4,000 sq.ft. to 4,500 WA and Washington, Century Retail is sq.ft. in lifestyle stores, offering women DC. The special developing a and ty 375,000 centers and urban/ ’s apparel, occupy sq.ft. mixed-u of 1,000 sq.ft. to downtown areas. in Avondale Estates, se project 2,500 sq.ft. in upscal spaces Growth opportunities GA........... Pg. 3 are lifestyle centers and downtown areas. e malls, major metropolitan market sought throughout Observations & Convers opportunities are s nationwide during Growth the comin ations Pg. 4 sought nationwide g 18 months. Preferr during the includ coming 18 month ed demographics Profile s. e a population For more inform Real Estate Southea miles earning $90,00 of 150,000 within five st, LLC ....... Pg. ation, contact Karen 6 0 as the average househ Eileen Fisher, Inc., Gray, income. old Two Bridge Street, The company will Buyers & Sellers Irvington, in malls NY 10533; 914-59 also consider locatin Coyote GRF|Inv 1-5700, Fax 914-59 g and factory outlet estors, LLC Web site: www.e centers 1-8900 and . ; Garrison For more inform Investm ileenfisher.com. ation, contact Joe acquired six centers ent Group Jos. A. Bank Clothie throughout Foley, AL, GA and NC ............ rs, Inc., 500 Hanov American Eagle ........... Pg. 8 Hampstead, MD er Pike, Outfitters, Inc. 21074 trades as 443-50 ; 443-508-4871, American Eagle Thalhimer is selling Fax Outfitt 8-4799; Email: an 88,298 sq.ft. center in Richmon jfoley@jos-a-bank.co nationwide and throug ers at 950 locations Web d, VA .... Pg. 15 site: www.josbank m; hout Canada and .com. Rico. The stores, Puerto Openings offerin casual apparel, footwe g men’s and women’s Pretty Urban Outfitters Girl ar and accessories, to open in Memphis, TN ............ spaces of 6,500 occupy and NY. operates 20 locations throughout sq.ft. .............. Pg. 10 NJ The stores, offerin areas. Limited growth in malls and downtown appare g discounted juniors l, occupy spaces JCPenney to open ’ opportunities are three stores of 3,500 sq.ft. to nationwide during sought sq.ft. in during 15,000 2011........................ the outlet, strip, tourist ..... Pg. 12 company also trades coming 18 months. The as well and value centers , as as Food Retailers Expand nationwide and throug aerie at 128 locations are sought urban areas. Growth opportunities LaRosa’s plans to hout Canada. The throughout AL, IL, enter offering women stores, during NJ, NY and PA market ........................ the NC ’s intimate appare the coming ............. Pg. 13 l, spaces of 4,500 18 months, with sq.ft. in malls. Limited occupy representation by Eretz, Sources of Financin Ltd. Typical leases opportunities are growth 10 years. g sought nationwide run A vanilla shell is The Washington during the cotena coming 18 month required. Preferred provided financin Trust Co. s. nts include Target g and T.J. Maxx. Major For more inform centers in MA and for shopping competitors includ RI ............... Pg. ation, contact e Rainbow Shops, 16 Cortazzo, Americ Michael and Ross CitiTrends an Dress for Less. Exclusives 150 Thorn Hill Drive, Eagle Outfitters, Inc., For more Cypress Retail Group Warrendale, PA represents 724-779-5555, Fax 15095; Eretz, Ltd., information, contact Ellaina Dreifac retailers through th h, 724-779-5580; Web out 5916 select markets in CA ............ www.ae.com and sites: 646-457-9837 18 Avenue, Brooklyn, NY 11204; .............. Pg. 16 www.aerie.com. ; Email: ellaina@eretzltd .com. In
ThIs Issue coN TaIN
(continued on page
fourteen)
s INformaTIo * Retailers opera ting 31,381 locati N oN: ons with plans * Real estate value to open 2,246 d in excess of $80 sites million to be boug * Leasing activit ht, sold & finan y on over 4.9 millio ced n sq.ft. of retail properties
Important News Please Expedite
Postmaster: Period
ical
the News Newmark Knight Cynthia Groves Frank hired managing director, as senior consulting.... Pg. 17
Lease Signings S.L. Nusbaum negotiated leases
Realty Co. throughout VA Pg. 18 Lead Sheet Card$mart seeking stores nationwide ............ .................. Pg. 19 Shoe Sensation to open locations throughout AR, IA, MI, OH, PA, TN and IL, IN, KY, WV ......... Pg. 22 Space Place ............ ................. Pg. 23 Most Valuable Players ............. Pg. 30
For more news go www.dealmakers. to: net Mobile Access Code: 111210_CS3.indd
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Lankford, Century 21 Commercial|Judge Fite Co.; 214-423-3094/3079; Emails: danlooney@judgefite.com and brittonlankford@judgefite.com; Web site: www.c21jfcommercial.com. For details regarding the Watauga property, contact Britton Lankford, Chris G. Flesner or Larry Harbour; 469-386-8987 or 214-4233078; Emails: cflesner@judgefite.com and larryharbour@judgefite.com. Watauga – A center located along Rufe Snow Drive has a divisible space of 5,600 sq.ft. available. Area retail includes Walgreens and Goodwill Industries. Area demographics include a population of 254,330 within five miles earning $94,328 as the average household income. The average daily traffic count is 24,000 vehicles. The asking monthly rent is $16 psf with NNN fees of $5 psf. For details, contact C.B. Team, Ellis & Tinsley, Inc., 6421 Camp Bowie Boulevard, Suite 302, Ft. Worth, TX 76116-5421; 817-737-5000, Fax 817-732-3913; Email: cteam@ellis-tinsley.com; Web site: www.ellis-tinsley.com.
Virginia Chantilly – A 7,135 sq.ft. restaurant situated on 1.64 acres at the intersection of Route 50 and Route 28/Sully Road is available. Area retail includes Bob Evans and Longhorn Steakhouse. For details, contact Les Sax, Sax Realty, Inc., 4931 Cordell Avenue, Bethesda, MD 20814; 240-497-1192, Fax 240-497-1070;
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Ogden – Triangle Square Plaza, a 43,711 sq.ft. center situated on 4.1 acres at the intersection of North Washington Boulevard and Harrisville Road, has a 12,160 sq.ft. space available. Rite Aid and Checker Auto anchor the center. Area demographics include a population of 121,531 within five miles earning $55,054 as the average household income. The asking rent is $9 psf with CAM of $1.94 psf and taxes of $0.72 psf. For details, contact Craig D. Samson or Erin Hinchey, Win Properties, Inc., 10 Rye Ridge Plaza, Suite 200, Rye Brook, NY 10573; 914-468-7300, Fax 914-4687330; Emails: csamson@winprop.com and ehinchey@winprop.com.
Email: lsax@saxrealty.com; www.saxrealty.com.
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Washington, DC Washington, DC – A building located along Columbia Road Northwest between 16th Street and Connecticut Avenue Northwest in the Adams Morgan area has an 1,876 sq.ft. first-floor space available along with a 3,600 sq.ft. space with a basement. Also, Waldorf Shoppers World, located along Route 301/Crain Highway, has space available along with pad sites. Cotenants include Bed Bath & Beyond, Chipotle, Borders, Burlington Coat Factory, The Sports Authority and FedEx Office. Area demographics include a population of 195,433 within 10 miles earning $113,585 as the median household income. The average daily traffic count is 63,975 vehicles. For details, contact Les Sax, Sax Realty, Inc., 4931 Cordell Avenue, Bethesda, MD 20814; 240-497-1192, Fax 240-497-1070; Email: lsax@saxrealty.com; Web site: www.saxrealty.com. For additional information regarding Waldorf Shoppers World, contact Sharon Daugherty; Email: sharon@saxrealty.com. DM
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FREE-STANDING 232,000 SF BUILDING AVAILABLE - FOR SALE OR LEASE 175 Central Avenue South, Bethpage, NY Warehouse / Distribution / Corporate Office
Prime Visibility & Exposure To Seaford Oyster Bay Expwy (Rt 135) FLAGShIP LOCATION
FORMER SLEEPY’S hEADQUARTERS Available Immediately Divisions Possible – Strategically Located
Rare Sizable Opportunity in Eastern Nassau County Featuring Over 60 Loading Docks, 2 Emergency Generators, New Computer Room, Ample Trailer & Truck Parking, New Full Service Cafe, Lobby/Reception area with granite tile floor.
SPECIFICATIONS Office: 52,000 SF
Loading:
Warehouse: 180,000 SF
64 Tailboards (57 Exterior, 7 Interior) 5 Drive-Ins
Lot Size:
11.8 Acres
Heights: 20’ Clear in 90,000 SF
Power:
2800 Amps @480 Volts, Gas Heat
35’ Clear in 90,000 SF
Taxes:
$2.63 PSF
Possible Uses
Retail Store Distribution, Self Storage, Moving & Storage, Home Distribution & Manufacturing/R&D
Contact Exclusive Agents: (516) 844-8890 1-800-791-8936
Rich Kaye rkaye@furniturerealestate.com Rich Weiss rweiss@furniturerealestate.com
25 Fairchild Ave Plainview, NY 11803 www.furniturerealestate.com
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Leasing | ManageMent | Re-DeveLopMent p.o. box 681955 | pRattviLLe, aL 36068 phone: 1-866-283-5516 | fax: 334-491-6210 Clarksdale, Ms | Clarksdale Commons