Reporting The Nation’s Weekly News on Retailing & Retail Real Estate Volume XXIX No. IX
March 7, 2014
FEATURING supermarket Chains Expand Nationwide Earth Fare operates 32 locations throughout AL, FL, GA, IN, KY, NC, OH, SC and TN. The supermarkets, offering organic and natural food items, occupy spaces of 22,000 sq.ft. in various retail settings. Growth opportunities are sought throughout Orlando, FL during the coming 18 months, with representation by Atlantic Retail Properties. For more information, contact Daniel Lynch or Greg Godino, Atlantic Retail Properties, 1001 North US Highway One, Suite 600, Jupiter, FL 33477; 561-427-6699, Fax 561-427-6561; Email: dlynch@atlanticretail.com; Web sites: www.atlanticretail.com and www.earthfare.com. Superior Grocers operates 43 locations throughout Kern, Los Angeles, Orange County, Riverside, San Bernardino and Ventura counties in CA. The supermarkets, featuring seafood, produce, bakery, deli and floral departments, occupy spaces of 40,000 sq.ft. to 50,000 sq.ft. in freestanding locations and neighborhood centers. Growth opportunities are sought throughout central and southern CA during the coming 18 months. A land area of four to five acres is required for freestanding locations. The company will not consider sites north of Bakersfield, CA. For more information, contact Randy Ibara, Superior Grocers, 1168 San Gabriel Boulevard, Suite M, Rosemead, CA 91770; 323-721-7312, Fax 626-572-8411; Email: randyibara@sbcglobal.net; Web site: www.superiorgrocers.com.
Aldi, Inc. trades as Aldi at 1,200 locations nationwide throughout 32 states. The supermarkets, offering discounted grocery items, occupy spaces of 16,900 sq.ft. in freestanding locations. Growth opportunities are sought throughout GA, excluding the metropolitan Atlanta area, during the coming 18 months, with representation by Settlemyer Properties. A land area of two acres is required. The company will also consider inline spaces of shopping centers. For more information, contact Frank Settlemyer, Settlemyer Properties, 1815 Old 41 Highway, Suite 260, Kennesaw, GA 30152; 678-766-2206, Fax 678-766-2205; Email: frank@settlemyerproperties.com; Web site: www.aldi.com. Supervalu, Inc. (Southern CA Division) trades as Albertsons at 214 locations throughout southern CA and NV. The supermarkets, featuring seafood, produce, meat, bakery and floral departments, occupy spaces of 50,000 sq.ft. to 60,000 sq.ft. in freestanding locations, power and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. For more information, contact Jeff Dierck, Supervalu, Inc. (Southern CA Division), 1421 South Manhattan Avenue, Fullerton, CA 92831; 714-300-6752, Fax 714-300-6941; Email: jeff.dierck@albertsons.com; Web site: www.albertsons.com. (continued on page eight)
This issue contains information on: • Retailers operating 21,345 locations with plans to open 1,643 sites • Real estate valued in excess of $83 million to be bought, sold & financed • Leasing activity on over 2.4 million sq.ft. of retail properties Postmaster: Periodical ews
N rtant dite Impo se Expe Plea
Post-Show ICSC Mid-Atlantic Conference New Construction RD Management LLC redevelops mixed-use site in FL.................... Pg. 4 Buyers and Sellers The Greysteel Co. brokers sale of Food Lion- anchored center in VA.............................................. Pg. 5 Food Chains Expand El Pollo Loco plans up to 15 openings on the west coast......... Pg. 6 Who’s Opening and Where Teriyaki Madness to open 24 locations in CA........................... Pg. 7 Rick’s Cabaret to open 10 units..... Pg. 7 Select Comfort to open up to 30 locations..................................... Pg. 7 Making the News Progressive Real Estate Partners named regional member of Retail Brokers Network......................... Pg. 9 Sources of Financing CBRE negotiates acquisition loan on a power center...................... Pg. 9 Lease Signings Venture Commercial inks anchor deal with Northern Tool+ Equipment in Birmingham, AL.... Pg. 9 The Rotella Group brokers 10 deals with Dollar Tree................ Pg. 9 Tenant Reps illi Commercial Real Estate reps Orangetheory Fitness in select markets of CA............................. Pg. 10 Lead Sheet New York New York, The Clothing Co. to enter FL.............. Pg. 11 Journey’s plans to open 40 stores.......................................... Pg. 14 Christmas Tree Shops grows nationally................................... Pg. 14 Space Place................................ Pg. 16
18 million square feet +
ARIZONA Mesa Kohl’s McKellips Road & Recker Road 95,279 SF GLA Part of Falcon View Plaza w/ Fry’s Phoenix Freestanding Barnes & Noble 1035 N. Metro Pkwy. West & 28th Dr. Adjacent to Metro Center Mall 19,360 SF on 1.48 Acres
INDIANA South Bend South Bend Shopping Center US Hwy. 20 & US Hwy. 31 112,900 SF GLA / Anchor Space Available Warsaw The Market Place U.S. Hwy. #30 & Water St. JC Penney, Sears, Elder-Beerman, Pier 1 180,000 SF GLA KENTUCKY Ashland Russell Centre Route 23 & Diederich Blvd. Lowe’s, Super Kroger 272,000 SF GLA / In-line Space & Pad
Tolleson Freestanding Kmart West McDowell Road & North 86th Drive 86,479 SF GLA FLORIDA Fern Park Fern Park Plaza Semoran Blvd. (Hwy. 436) & Hwy. 17/92131,646 SF GLA Aldi, DealsPrime Corner/Junior Box Space Available Future Shopping Center 26 Acre Jalai Redevelopment Site 6405 Hwy. 17/92 & Fernwood Blvd. near Hwy. 436 153,650 SF GLA Anchor Space & Outlots Available
MARYLAND Hagerstown Long Meadow Shopping Center Potomac Ave. (Route 60) & Northern Ave. Ashley Furniture, CVS, PA Dutch Market 243,000 SF GLA Anchor Space/Pad Available
Gainesville Mixed Use – Grocery Store & Student Housing NW 13th St & University Avenue 1.74 Acres 26,000 SF Ground Floor Retail in Proposed 198,000 SF 8-Story Bldg ILLINOIS Downers Grove Marshall’s at The Grove 75th St. & Lemont Rd. 400,000 SF GLA Anchor Space Available 43,264 SF Niles Golf Glen Mart (Outparcel) Golf Rd. & Dee Rd. Up to 12,000 SF Outlot, B-T-S INDIANA Evansville Evansville Shopping Center Morgan Ave. & Boeke Rd. Rural King, Dollar General 153,000 SF GLA Indianapolis Pendleton Plaza Pendleton Pike & Shadeland Ave. Former Kmart Available 134,797 SF GLA
RDManagement LLC
Randallstown Brenbrook Plaza Liberty Rd. & Brenbrook Dr. Home Depot 139,000 SF GLA MASSACHUSETTS Billerica Shops at Billerica Boston Rd. (Rte. 3A) & Tower Farm Rd. Kmart, Burlington Coat, Market Basket 275,000 SF GLA Anchor Space Available Milford Kmart Shopping Center Medway St. & Beaver St. @ I-495 Kmart, Dollar Tree 140,470 SF GLA Future Expansion Space Available MICHIGAN Grand Blanc Holly Rd. & I-75 Vacant Land / 22 Acres For Sale Muskegon Muskegon Shopping Center Henry St. & Norton Ave. 187,000 SF GLA Anchor Space Available Port Huron Port Huron Shopping Center Howard St. & 24th St. Big Lots, Save-A-Lot, Family Dollar 118,000 SF GLA Anchor Space & Outlot Available
MICHIGAN Sandusky Kmart Shopping Center M-19 & Gates Rd. 176,248 SF GLA Anchor Space Available Southgate Fort St. & Burns Ave. 60,800 SF GLA Freestanding Redevelopment Opportunity MINNESOTA St. Paul Midway Shopping Center University Ave. & Snelling Ave. Rainbow Foods, Office Max, Walgreens 280,353 SF GLA 4.8 Acres Available for Development NEVADA Las Vegas Kmart Plaza E. Sahara Ave. & McLeod Dr. 127,754 SF GLA 10,945 SF Outbldg. Available Kmart at Sunset Plaza 3780 E. Sunset Rd. & S. Sandhill Rd. Kmart 86,479 SF NEW JERSEY Marlton (Evesham) Tri-Towne Plaza Route 70 & Plymouth Dr. 176,519 SF GLAAnchor Space AvailableRedevelopment Opportunity Mt. Olive Pad Sites Available Adjacent to Foreign Trade Zone Across from Walmart, Sam’s, TJ Maxx Old Bridge A & P Shopping Center Route 9 & Ferry Rd. 64,920 SF GLA 5,300 SF Pad Building Parsippany Whole Foods Shopping Center Route 46 (Bloomfield Ave.) & Cherry Hill Rd. Whole Foods Anchor, In-Line & Pads Available Vineland Vineland Marketplace S. Delsea Dr. (Route 47) & College Dr. New Development Anchor Space / Outlots Available
Thomas G. Mirandi 212-265-6600 Ext. 239 Email: tmirandi@rdmanagement.com Fax: 212-459-9133
200+ retail projects NEW JERSEY Vineland Kmart Plaza Expansion S. Delsea Dr. (Route 47) & Route 55 Kmart, TD Bank Two Parcels: 4.302 & 4.486 AcresAcross from Cumberland Mall Williamstown Williamstown Shopping Center Black Horse Pike (Route 42) & Main St. CVS, Dollar General 85,000 SF GLA Anchor Space Available NEW YORK Bellport (Long Island) Former Outlet Center790 So. Sunrise Highway (Rte. 27) & Station Rd. To be renovated / up to 130,000 SF GLA Cortland Future Development Route 13 & Bennie Road 26 Acres across from Walmart Deer Park Kohl’s Plaza Commack Rd. & Grand Blvd. Kohl’s, Super Stop & Shop 182,875 SF GLAProposed Pad 3,800 SF
Latham/Colonie (Albany) Kmart Shopping Center Route 7 & Swatling Rd. 118,863 SF GLA Up to 10,000 SF Outlot Available Monroe/Woodbury Harriman Commons Routes 17 / 6 & Route 32 Wal-Mart, Home Depot, BJ’s, Target 687,716SF GLA Anchor Space & Outlots Available Future Phase III Office or Retail
PENNSYLVANIA Montgomeryville Five Points Plaza Cowpath / Horsham Rd. at Rte 309 & Rte 202 79,200 SF GLA Anchor Space Available Future Expansion
Stony Point Stony Ridge Plaza Route 9W & Park Rd. US Post Office 21,212 SF GLA
Trexlertown Macungie Crossing Shopping Center Hamilton Blvd. (Route 222) & Grange Rd. Future Strip and Pads
OHIO Ashtabula Home Depot Plaza Route 20 (N. Ridge Rd.) & Orchard Rd. 148,440 SF GLA 18,440 SF Expansion & Pad
TENNESSEE Hermitage (Nashville) Freestanding Bldg. adjacent toJackson’s Courtyard Shopping Center 3445 Lebanon Pike 24,040 sf GLA Redevelopment Opportunity
Columbus Great Western Commerce Center North Wilson Rd & Valleyview Dr. at Broad St. Great Western Academy, Restaurant Depot 300,254 SF GLA Mixed Use Commercial Space
TEXAS Ft. Worth Westcliff Shopping CenterAlbertson’s Market, Dollar General Alton Rd. & Biddison St. 133,332 sf GLA
Findlay Hobby Lobby Plaza Tiffin Ave. & Croy Dr. Hobby Lobby Anchor Space Available
UTAH Salt Lake City 410 S. 900 E. & 400 S. Freestanding Office Max New In-line Space & Pad Available
Holland (Toledo) Dick’s at Spring Meadows Place Airport Hwy. & I-475 Dick’s, Best Buy & Expansion
VIRGINIA Richmond Food Lion Plaza Rte. 1 (Jefferson Davis Hwy.) & Chippenham Pky. Outlots Available
Glenville/Scotia (Albany) Target Shopping Center Saratoga Rd. (Route 50) & Glenridge Rd. 174,000 SF GLA In-Line Space & Pad Available Lake Ronkonkoma Lake Shore Plaza II Portion Rd. (Co. Rd. 16) & PatchogueHolbrook Rd. Regal Cinemas, Dollar Tree / 94,826 sf GLA Anchor Space Available
NEW YORK Orangetown Orangeburg Commons Route 303 & Palisades Parkway Super Stop & Shop Pads Available
Oregon (Toledo) Vacant Land – 4.645 Acres Dustin Rd. & Isaac Street Dr. 1 block south of Navarre Ave. (Rte. 2) & Kmart OREGON Salem Kmart Shopping Center Mission Street S. E. & 25th St. 116,866 SF GLA PENNSYLVANIA Allentown Home Depot Plaza Lehigh St. & Route 78 220,000 SF GLA / 9.82 Acres Available
Nanuet Home Depot Plaza Route 59 & Hutton Ave. Home Depot, Staples 250,000 SF GLA/Pad Available
RDManagement LLC
Carlisle Hanover Street (Route 34) & I-81 Home Depot, Chili’s 140,715 SF GLA 10,584 SF Future Expansion/Pad
Winchester Freestanding Kmart S. Pleasant Valley Rd. & E. Jubal Early Dr. 88,479 SF GLA WEST VIRGINIA St. Albans St. Albans Center Route 60 & MacCorkle Ave. SW Kmart, Super Kroger, Goody’s, CVS 230,000 SF GLA PUERTO RICO Arecibo Arecibo Towne Center Routes 2 & 22 Future Development Anchor Position & Outlots Available Ponce Reina del Sur; Outlots at Ponce Towne Center II Rtes. #2 & Baramaya Ave. (Rte. 10) @ PR-52 Walmart SuperCenter, Home Depot New Development & Pads 525,000 ± SF GLA
Thomas G. Mirandi 212-265-6600 Ext. 239 Email: tmirandi@rdmanagement.com Fax: 212-459-9133
new construction RD Management, LLC is redeveloping a 312,498 sq.ft. mixed-use project situated on 1.74 acres along Northwest 13th Street in Gainesville, FL. Plans call for a six-story building to be built along Northwest 13th Street from 3rd Avenue to 4th Avenue, a 26,000 sq.ft. retail component and a 202-unit residential component. The development is located near University of Florida Gainesville. Area demographics include a population of 145,432 within a five-mile radius earning $46,100 as the average household income. The average daily traffic count is 28,000 vehicles. The project is slated to be completed during 2015. The company is also developing Vineland Marketplace and Kmart Plaza, located at the intersection of Delsea Drive/ Route 47 and Route 55 in Vineland, NJ. Anchor space, inline spaces and outparcels are available. Area retailers include Target, PetSmart, Kohl’s, Dick’s Sporting Goods, Ross Dress for Less, Michaels, Bed Bath & Beyond and Home Depot. Area demographics include a population of 138,786 within a 10mile radius earning $67,366 as the average household income. The average daily traffic count is 20,180 vehicles. For more information, contact RD Management, LLC, RD Management LLC, 810 Seventh Avenue, 10th Floor, New York, NY 10019; 212-265-6600, Fax 212-4599133; Email: info@rdmanagement.com; Web site: www.rdmanagement.com. Mid-America Real Estate – Wisconsin, LLC is preleasing The Corridor, a mixed-use development located at the intersection of Bluemound Road and Calhoun Road in Brookfield, WI. Plans call for a 144,200 sq.ft. retail component with three anchor tenants and three outlot tenants.
For more information, contact Dan Rosenfeld or Teresa Shemitis, Mid-America Real Estate – WI, LLC, 648 North Plankinton, Milwaukee, WI 53203; 414-273-4600; Emails: drosenfeld@midamericagrp.com and tshemitis@midamericagrp.com; Web site: www.midamericagrp.com. Vakos Real Estate is preleasing Thornburg Town Center, a development situated on 64 acres and located along Old Mudd Tavern Road/US Route 606 in Thornburg, VA. The site is situated near Dominion Raceway. Outparcels are available. Area demographics include a population of 189,813 within a 15-mile radius earning $89,069 as the average household income. The average daily traffic count is 95,000 vehicles. For more information, contact Bill Vakos III or Christian Waller, Vakos Real Estate, 10151 Southpoint Parkway, Fredericksburg, VA 22407; 540-898-3242 Ext. 1030/1031; Emails: bill@wjvco.com and cwaller@wjvco. com; Web site: www.vakosre.com. Trademark Property Co. is redeveloping the Shops of Saddle Creek, a 148,000 sq.ft. lifestyle center located at the intersection of Poplar Avenue and West Street in Germantown, TN. Plans call for the demolishment of 20,000 sq.ft. of existing space to pave the way for 40,000 sq.ft. of new development, as well as the remodeling of buildings for the south and western sections of the center. For more information, contact Trademark Property Co., 1701 River Run, Suite 500, Fort Worth, TX 76107; 817-8701122, Fax 817-810-5390; Web site: www.trademarkproperty.com.
Ross Realty Investments is preleasing The Commons at Miami Gardens, located along Northwest 27 Avenue in Miami Gardens, FL. Freestanding buildings and pad sites are available. The development is located near SunLife Stadium and a proposed 124-unit hotel. For more information, contact Bob Sherman or Tom Ross, Ross Realty Investments, 3325 South University Drive, Suite 210, Davie, FL 33328; 954-452-5000 Ext. 214/213; Email: info@ross-realty.com; D Web site: www.ross-realty.com. M
President/Publisher Ann O’Neal • ann@dealmakers.net Editor Erin Dunkley • erin@dealmakers.net Editor Stephanie Weaver • stephanie@dealmakers.net Art Director Anthony Pingicer • anthony@dealmakers.net Account Executive Jacqueline Pelicano • jp@dealmakers.net Account Executive Nicole Papa • nicole@dealmakers.net Executive Assistant Kait Kelly • kait@dealmakers.net Research Assistant Brenda Robinson • brendar@dealmakers.net Research Assistant Krista Kopf • krista@dealmakers.net Co-Founder Ted Kraus • 1979–2007
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Trademark Property Co. is redeveloping Shops of Saddle Creek in Germantown, TN. Page 4 | March 7, 2014
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buyers and sellers Hanley Investment Group negotiated the following sales: La Verne Courtyard, an 84,796 sq.ft. shopping center located along Foothill Boulevard in La Verne, CA, with the company representing both the buyer and the seller in the transaction; Knollwood Plaza, a 23,922 sq.ft. center located along Balboa Boulevard in Granada Hills, CA for $10.565 million, with the company representing the seller, Knollwood Balboa, LP, in the transaction; Big 5 Plaza, a 15,568 sq.ft. shopping center located along 183rd Street in Cerritos, CA for $4.65 million, with the company representing the buyer and the seller in the transaction; a 4,830 sq.ft. retail center located along Harbor Boulevard in Costa Mesa, CA for $3 million, with the company representing the seller and Faris Lee Investments representing the buyer in the transaction and The Plaza Irvine, an 8,489 sq.ft. center located along Scholarship Drive in Irvine, CA for $3.725 million, with the company representing the seller in the transaction. For more information, contact Hanley Investment Group; 949-585-7610; Web site: www.hanleyinvestment.com. Calkain Cos. is selling the following properties: a Wawa in St. Petersburg, FL for $4.018 million with a Cap rate of 5.5%; AutoZone in Tampa, FL with an asking price of $2.260 million with a Cap rate of 5.95%; Dollar General in Tampa, FL for $1.964 million with a Cap rate of 6.25%; a CVS priced at $3.019 million with a Cap rate of 5%; O’Reilly Auto Parts in St. Cloud, FL with an asking price of $2.124 million with a Cap rate of 6% and Burger King in Lakeland, FL priced at $1.9 million with a Cap rate of 6.6%. For more information, contact Patrick Nutt or Michael Zimmerman, Calkain Cos., 300 South Pine Island Road, Suite 300, Ft. Lauderdale, FL 33324; 954-302-7365/954790-6611; Emails: patrick.nutt@calkain.com and mzimmerman@calkain.com. The Greysteel Co. negotiated the sale of Newport Crossing Shopping Center, a 194,000 sq.ft. center located along Oriana Road in Newport News, VA. At the time of sale, the property was 80% occupied and tenanted by Food Lion, Dollar Tree, Citi Trends and USA Discounters. The shopping center was acquired by Coastal Equities Real Estate for $12.85 million. The company represented the seller, Harbor Group International, LLC, in the transaction. For more information, contact The Greysteel Co., 7735 Old Georgetown Road, Suite 301, Bethesda, MD 20814; 202-2802722; Email: info@greysteel.com; Web site: www.greysteel.com. Dealmakers Magazine | www.dealmakers.net
CB Richard Ellis is selling a 10,136 sq.ft. Big 5 Sporting Goods store, situated on 0.94 acres along Kipling Street in Wheat Ridge, CO. The tenant is bound to a NN lease featuring four, five-year options with increases. Area retailers include GameStop, Anytime Fitness, Target, Jack-in-theBox, Panda Express, Starbucks, Burger King and Brunswick Zone. The NOI is $176,568. The asking price is $2.4 million with a Cap rate of 7.36%. For more information, contact Mike Eyer, Jon Rue or Matt Henrichs, CB Richard Ellis, 8390 East Crescent Parkway, Suite 300, Greenwood Village, CO 80111; 970-3914773; Email: mike.eyer@cbre.com; Web site: www.cbre.com. Viking Partners negotiated the $4.1 million sale of Fishers Crossing, a 29,569 sq.ft. shopping center located along Fishers Crossing Drive in Fishers, IN. At the time of sale, the property was 55% occupied and tenants included Advance America, Pet Supplies Plus and Papa John’s. For more information, contact Greg Scheper or Lev Orlov, Viking Partners; 513793-9919; Emails: gscheper@vikingprt.com and lorlov@vikingprt.com; Web site: www.vikingpartnersllc.com. Unison Realty Partners sold Uxbridge Shopping Center, a 75,058 sq.ft. Hannafordanchored shopping center located in Uxbridge, MA. Chestnut Realty Partners acquired the property for $15.275 million. For more information, contact Robert E. Griffin, Jr., Geoffrey Millerd or Justin Smith, Unison Realty Partners; 617-204-4150/5927/4181; Emails: robert.griffin@cushwake.com; geoffrey.millerd@cushwake.com and justin.smith@cushwake.com.
Keller Realty, Inc., on behalf of a client, is seeking to acquire single tenant and strip centers nationwide. Suitable properties are bought for NNN leases and are priced between $1.5 million or $3 million to $5 million, with a Cap rate of 7.5% with area demographics of 40,000 within a three-mile radius. For more information, contact Sam Robnett, Keller Realty, Inc., 135 Vesta Street, Reno, NV 89502; 775-786-1616; Email: sam@kellerrealty.com. LMS Commercial Real Estate is selling an 8,036 sq.ft. freestanding building located along North Lexington Springmill Road in Mansfield, OH. Richland Mall, a 733,633 sq.ft. shopping mall, shadows the property. The asking price is $1.195 million with a Cap rate of 8%. For more information, contact Joseph R. Deerin or Patrick Cullen, LMS Commercial Real Estate, 120 North Pointe Boulevard, Suite 301, Lancaster, PA 17601; 717-569-9373, Fax 717-560-9909; Email: pcullen@lms-pma.com; Web site: www.lms-pma.com. Jones Lang LaSalle is selling Poplar-Prairie Stone Crossing, a 450,000 sq.ft. shopping center situated on 35 acres along State Route 59/Sutton Road in Chicago, IL. The property is 88% occupied. Target anchors the center and cotenants include Ross Dress for Less, T.J. Maxx, PetSmart, Michaels, Office Max and The Sports Authority. The average daily traffic count is 338,700 vehicles. For more information, contact Carson Good, Jones Lang LaSalle; 305-704-1414; Email: carson.good@am.jll.com. DM
Calkain Cos. is selling a Wawa in St. Petersburg, FL. March 7, 2014 | Page 5
food chains expand nationwide Davco Restaurants, Inc. trades as Wendy’s at 158 locations throughout MD, VA and Washington, DC. The fast-food restaurants occupy spaces of 2,400 sq.ft. to 3,200 sq.ft. in malls, power and strip centers, urban/downtown areas and freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 20 years with two, five-year options. Preferred cotenants include Target, Home Depot and Walmart. Major competitors include Arby’s, Burger King, Chick-fil-A and McDonald’s. A land area of one-acre is required for freestanding locations. For more information, contact Ann Portnow, Davco Restaurants, Inc., 1657 Crofton Boulevard, Crofton, MD 21114; 410-721-3770, Fax 410-721-8283; Email: aportnow@wendavco.com; Web site: www.davcorestaurants.com. El Pollo Loco, Inc. trades as El Pollo Loco at 411 locations throughout AZ, CA, NV and TX. The quick-service restaurants prefer to occupy spaces of 2,200 sq.ft. to 2,900 sq.ft. in endcaps of shopping centers with a drive-thru and freestanding locations. Plans call for 10 to 15 openings throughout the western region of the U.S during the coming 18 months. Typical leases run 20 years with three, five-year options. Preferred sites include major power center tenants. The company is franchising. For more information, contact Esty Chang, El Pollo Loco, Inc., 3535 Harbor Boulevard, Suite 100, Costa Mesa, CA 92626; 714-599-5034, Fax 714-599-5830; Email: echang@elpolloloco.com; Web site: www.elpolloloco.com.
Buffalo Wild Wings operates more than 835 locations throughout 48 states nationwide and in Canada. The fast-casual restaurants occupy spaces of 6,000 sq.ft. in entertainment centers. Growth opportunities are sought throughout select markets within Inland Empire and Orange County, CA during the coming 18 months, with representation by Strategic Retail Advisors. Panda Inn operates six locations throughout Los Angeles, Orange and San Bernardino counties in CA. The chain of Chinese-inspired restaurants occupies spaces of 6,000 sq.ft. to 7,000 sq.ft. in endcaps of power centers or freestanding locations. Growth opportunities are sought throughout Orange County, CA during the coming 18 months, with representation by Strategic Retail Advisors. Panda Express operates more than 1,700 locations throughout 42 states nationwide and in Puerto Rico. The Chinese-inspired restaurants occupy spaces of 2,000 sq.ft. in endcaps and pad sites of shopping centers, as well as freestanding locations. Growth opportunities are sought throughout Orange County, CA during the coming 18 months, with representation by Strategic Retail Advisors. For more information, contact Jeff Reenders, Strategic Retail Advisors, 3990 Westerly Place, Suite 230, Newport Beach, CA 92660; 949-640-6678, Fax 949-7488088; Email: jeff@strategicretailadvisors.com; Web site: www.strategicretailadvisors.com. Chipotle operates 1,500 locations nationwide. The fast-casual Mexican restaurants prefer to occupy spaces of 2,000 sq.ft. to 2,800 sq.ft. in urban storefronts, freestanding locations, and endcaps and pad sites of shopping centers. Growth opportunities are
Wendy’s is seeking growth opportunities throughout MD, VA and Washington, DC during the coming 18 months. Page 6 | March 7, 2014
sought throughout FL, north from Interstate 595 in Broward County to Vero Beach in Indian River County, during the coming 18 months, with representation by The Rotella Group. The company prefers sites with patio seating. For more information, contact Bill Pace, The Rotella Group, 3300 North Federal Highway, Suite 200, Ft. Lauderdale, FL 33306; 954-568-9015, Fax 954-568-9597; Email: wrp@rotellagroup.com; Web site: www.rotellagroup.com. Yum Yum Donuts, Inc. trades as Yum Yum Donutshops, Winchell’s Donuts and East Coast Bagels at 229 locations throughout CA, CO, KS, NE, NV, OK, OR and WA. The bagel and donut shops prefer to occupy spaces of 1,500 sq.ft. in strip centers and freestanding locations. Growth opportunities are sought throughout southern CA during the coming 18 months. Typical leases run 10 to 20 years with options. For more information, contact Lincoln Watase, Yum Yum Donuts, Inc., 18830 East San Jose Avenue, City of Industry, CA 91748; 626-964-1478, Fax 626-912-2779; Email: lincoln@qnfoods.com; Web site: www.yumyumdonuts.com. Sequoia Restaurant & Entertainment Group trades as Yard House at 36 locations throughout AZ, CA, CO, FL, GA, HI, IL, KS, MA, NV, NY, OR, TX and VA. The upscale-casual eateries occupy spaces of 10,000 sq.ft. to 11,000 sq.ft. in entertainment and lifestyle centers. Growth opportunities are sought nationwide during the coming 18 months. For more information, contact Brian Kjos or John Few, Sequoia Restaurant & Entertainment Group, 610 Newport Center Drive, Suite 500, Newport Beach, CA 92660; 949-706-6646, Fax 949-706-6634; Email: realestate@yardhouse.com; Web site: www.sequoiacompany.com. Del Frisco’s Grille operates 11 locations throughout AZ, CA, FL, GA, MA, NY, TX and Washington, DC. The restaurants occupy spaces of 8,500 sq.ft. in various retail settings. Growth opportunities are sought throughout the Washington, DC metropolitan area during the coming 18 months, with representation by Miller Walker Retail Real Estate. The company prefers locations with outdoor patio seating. For more information, contact Bill Miller, Miller Walker Retail Real Estate, 2715 M Street Northwest, Suite 200, Washington, DC 20007; 202-333-0339; Email: bill@millerwalker.com; Web site: www.millerwalker.com. DM Dealmakers Magazine | www.dealmakers.net
who’s opening and where Wal-Mart Stores, Inc. (479-273-4000) is planning to open a Walmart Supercenter at Richton Park, located in Richton Park, IL during 2016. The company is also planning to open a 42,000 sq.ft. small-format grocery store at the intersection of Yelm Highway and Parkside Drive in Lacey, WA during early 2015. Plans also call for a 182,000 sq.ft. Walmart Supercenter, located at the intersection of Golden Triangle Boulevard and Park Vista Boulevard in north Ft. Worth, TX during June 2016. The company, offering general merchandise, groceries, health and beauty items and electronics, trades as Walmart, Walmart Supercenter and Walmart Neighborhood Market and currently operates more than 9,000 locations nationwide and internationally. Belk, Inc. (866-235-5443) is planning to open a 50,000 sq.ft. Belk Men’s Store at the site of a former Sears at Columbiana Mall in Columbia, SC. The store is slated to open during summer 2015. The company, offering apparel, accessories and footwear for men, women and children, operates more than 300 locations throughout the eastern, midstates and southern regions of the U.S. Teriyaki Madness, LLC (702-576-9843), through franchisee Franchise Sherpas, is planning to open 24 Teriyaki Madness restaurants throughout CA, including areas in Pasadena and Santa Clarita, as well as several openings slated for Jonesboro, AR, Denver, CO and Austin, TX during the year, as part of an expansion plan to open 100 locations by 2016. Lululemon Athletica, Inc. (604-732-6124) is contemplating a rollout of a new concept for men, with stores expected to open during 2016. The company, offering yoga-inspired athletic apparel and accessories for men and women, currently operates more than 200 stores nationwide.
Hobby Lobby Stores, Inc. (405-745-1100) is planning to open a 55,000 sq.ft. Hobby Lobby store at Village Plaza in North Lakeland, FL during spring 2015. The company will join Big Lots at the shopping center. The chain, offering seasonal items, home décor, art, craft and hobby supplies, as well as custom picture framing, currently operates more than 550 locations throughout the U.S., and also operates under the trade-name Mardel. Rick’s Cabaret International, Inc. (281397-6730) is slated to open 10 sports bars/ restaurants by the end of the year. The company currently operates 43 locations including throughout New York, NY; Los Angeles, CA; Miami, FL; Philadelphia, PA; Charlotte, NC; Dallas/Ft. Worth and Houston, TX and Indianapolis, IN and also operates under the trade-names XTC, Club Onyx, Vivid Cabaret, Jaguars, Bombshells, Ricky Bobby Sports Saloon and Tootsie’s Cabaret. Whole Foods Market, Inc. (512-477-4455) is planning to open a Whole Foods supermarket at the site of a former Dominick’s along South Route 83 in Elmhurst, IL during 2015. The chain, offering organic and natural food items, currently operates more than 367 specialty supermarkets nationwide, as well as in Canada and the United Kingdom. IKEA (610-834-0180) is planning to open a store in Miami, FL this year and a location in Kansas City, KS during 2015. The company, offering home furnishings and décor, currently operates more than 340 locations throughout 41 countries, including more than 38 stores in the U.S.
Nordstrom, Inc. (206-628-2111) is planning to open a 140,000 sq.ft. Nordstrom store in Mayfair, WI during fall 2015. It will be the company’s first location in the state. The company currently operates more than 258 locations nationwide throughout 35 states, trading as Nordstrom at 117 locations, Nordstrom Rack at 137 locations, Jeffrey boutiques at two locations and one clearance outlet. Select Comfort Corp. (763-551-7000) is planning to open 20 to 30 Select Comfort stores by the end of the year. The company currently, offering mattresses and bedding accessories, operates 440 locations nationwide. Ross Stores, Inc. (925-965-4400) is planning to open a Ross Dress for Less in Vancouver, WA this year. The company, offering family apparel, apparel, footwear and accessories, as well as houseware items, currently operates more than 1,100 locations throughout 33 states nationwide. Hy-Vee, Inc. (515-267-2800) is planning to open a 35,000 sq.ft. full-service Hy-Vee location at the intersection of Fourth and Court Avenue in Des Moines, IA during early 2016. The grocery store will feature a bank, pharmacy and restaurant. The company currently operates more than 239 supermarkets throughout the Midwestern region of the U.S. Caffe Bene (212-575-5484), under a franchisee, plans to open 150 cafes throughout the five boroughs of New York, NY, as well as in NJ, during the coming two years. DM
Radio Shack (817-415-3011) recently opened a new concept store along South James Campbell Boulevard in Columbia, TN next to Aspen Dental. The store features a modern look and interactive displays, including a speaker wall where customers can use a tablet to test out different brands. Kona Grill, Inc. (480-922-8100) plans to open Kona Grill restaurants throughout Sarasota and Miami, FL; Alpharetta, GA; El Paso, TX and San Juan, Puerto Rico this year. The company currently operates 26 locations throughout AZ, CO, CT, FL, ID, IL, IN, LA, MD, MI, MN, MO, NE, NJ, NV, TX and VA. Dealmakers Magazine | www.dealmakers.net
Hy-vee is planning to open a full-service location in Des Moines, IA during early 2016. March 7, 2014 | Page 7
supermarket chains expand nationwide (continued from page one)
United Supermarkets, LLC trades as United Supermarkets, Market Street and Amigos Stores at 51 locations throughout TX. The supermarkets, also featuring a pharmacy and wine and beer departments, occupy spaces of 40,000 sq.ft. to 70,000 sq.ft. in freestanding locations, strip centers and downtown areas. Plans call for two openings throughout western TX during the coming 18 months. For more information, contact Joe Rollins, United Supermarkets, LLC, 7830 Orlando Avenue, Lubbock, TX 79423; 806-791-8110; Email: jrollins@unitedtexas.com; Web site: www.unitedtexas.com.
New Albertsons, Inc. trades as Shaw’s Supermarket and Star Market at 155 locations throughout MA, ME, NH, RI and VT. The supermarkets occupy spaces of 35,000 sq.ft. to 55,000 sq.ft. in freestanding locations, mixed-use and strip centers, as well as urban/ downtown areas. Growth opportunities are sought throughout the existing markets during the coming 18 months. For more information, contact Steve Jenkins, New Albertsons, Inc., 750 West Center Street, West Bridgewater, MA 02379; 508-313-4612, Fax 508-313-4140; Email: steven.jenkins@shaws.com; Web site: www.shaws.com.
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Sprouts Farmers Market operates 160 locations throughout AZ, CA, CO, KS, NM, NV, OK, TX and UT. The supermarkets, offering natural and organic food items, as well as featuring wine and beer, floral, bakery and seafood departments, occupy spaces of 25,000 sq.ft. in various retail settings. Growth opportunities are sought throughout Contra Costa, Santa Clara and San Francisco, CA during the coming 18 months, with representation by SRS Real Estate Partners. For more information, contact Bob Berndt or Sarah Edwards, SRS Real Estate Partners, 1407 Oakland Boulevard, Suite 301, Walnut Creek, CA 94596; 925-2560100; Emails: bob.berndt@srsre.com and sarah.edwards@srsre.com; Web sites: www.srsre.com and www.sprouts.com. Delhaize Group trades as Food Lion, Bottom Dollar Food and Hannaford at 1,500 locations throughout DE, GA, KY, MA, MD, ME, NC, NH, NJ, NY, PA, SC, TN, VA, VT and WV. The supermarkets, offering discounted grocery items, occupy spaces of 12,000 sq.ft. to 85,000 sq.ft. in freestanding locations, neighborhood, power and strip centers. Growth opportunities are sought throughout MD, ME, NC, NJ, NY, PA, SC, VA and VT during the coming 18 months. Typical leases run 20 years. A vanilla shell is required. Preferred cotenants include home improvement retailers. A land area of two to seven acres is required for freestanding locations. For more information, contact Jeff Smith, Delhaize Group, 2110 Executive Drive, Salisbury, NC 28147; 704-6338250 Ext. 3841, Fax 704-645-4207; Email: realestate@foodlion.com; Web site: www.foodlion.com. DM
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Boyer’s Food Markets, Inc. trades as Boyer’s Food Market at 17 locations throughout PA. The supermarkets occupy spaces of 25,000 sq.ft. to 30,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. For more information, contact Dean Walker, Boyer’s Food Markets, Inc., 301 South Warren Street, Orwigsburg, PA 17961; 570-366-1477, Fax 570-366-3921; Email: deanw@boyersfood.com; Web site: www.boyersfood.com.
2/3/14 9:33 AM
Dealmakers Magazine | www.dealmakers.net
real estate professionals making the news
Plaza Advisors (813-837-1300) recently hired Steve Sanders. In his new role, Sanders will concentrate on business development in the marketing and sales of retail assets. Prior to joining the company, Sanders served as senior vice president of acquisitions and president of Inland Southeast Property Management Co. The company specializes in the marketing and sales of shopping centers throughout the southeastern region of the U.S. Pine Tree Commercial Realty, LLC (847735-0600) recently hired Ryan Montes as property manager and asset management coordinator. In his new role, Montes will be responsible for the property management for three of the company’s assets, as well as overseeing quarterly asset management meetings and portfolio reporting. Prior to joining the company, Montes served at Miller Capital Advisory. Progressive Real Estate Partners (909-23045000) was appointed the exclusive Inland Empire, CA representative of the Retail Brokers Network. The company specializes in leasing and sales services throughout the Inland Empire and San Gabriel Valley regions of CA. DM
sources of financing Envoy Net Lease Partners, LLC negotiated $3.4 million in financing for a 7,780 sq.ft. retail center in Pittsburgh, PA. The loan features loan-to-cost percentage of 94%. The property is 49% preleased and slated to open this year. For more information, contact Ralph Cram, Envoy Net Lease Partners, LLC, 1363 Shermer Road, Suite 320, Northbrook, IL 60062; 847239-7250; Web site: www.envoynnn.com. CBRE’s debt and structured finance group negotiated $11 million in financing on behalf of Thackeray Partners to acquire Ridge Rock Plaza, a 114,495 sq.ft. power center in Ft. Worth, TX. Tenants include Bed Bath & Beyond, Michaels, Pier 1 Imports, Chair King, Sun & Ski Sports, Freebird and Sleep Experts. The eight-year loan features a fixed rate of five years. For more information, contact McKay Heim, CBRE, 2100 McKinney Avenue, Suite 700, Dallas, TX 75201; 214-979-6193; Email: mckay.heim@cbre.com; Web site: www.cbre.com. DM Dealmakers Magazine | www.dealmakers.net
lease signings Lee & Associates of Illinois, LLC (773355-3032) negotiated the following leases throughout IL: with ABC Truck & Body Repairs, Inc. for 15,534 sq.ft. along Lunt Avenue in Elk Grove Village, with Chris Nelson of Lee & Associates representing the landlord and Edgar Cervantes of JBS Commercial Real Estate representing the tenant in the transaction; with Suzi’s LLC for 960 sq.ft. along West First Avenue in Silvis and for 800 sq.ft. along West First Avenue in Coal City, with Joe Herron of Lee & Associates representing the landlord in both transactions and with Spears Bourbon Burgers and Beer for 5,676 sq.ft. along North Milwaukee Avenue in Wheeling, with Jason Sorce of Lee & Associates representing the tenant and Doug Renner of Baum Realty representing the landlord, Black Lion Investment Group, in the transaction. Levin Management (800-488-0768) negotiated a lease with Choice Pet Supply for 2,500 sq.ft. and with H&R Block for 800 sq.ft. at Mayfair Shopping Center, located along Jericho Turnpike in Commack, NY. Jake Frantzman of Levin Management represented the landlord in both transactions and David Lucas of Julius M. Feinblum Real Estate, Inc. represented Choice Pet Supply and Robert Reinhardt of Reinhardt, Becker, Ford & Associates, LLC represented H&R Block in the transactions. Flocke & Avoyer Commercial Real Estate (858-875-4669) negotiated a 10-year lease with SD Custom Pizza, LLC for a 1,732 sq.ft. pizzeria at Eastlake Village Center South, located along Otay Lakes Road in Chula Vista, CA. Stewart Keith of Flocke & Avoyer Commercial Real Estate represented the landlord, Eastlake Village Ventures, LLC, and Chaneng Joe of CBRE represented the tenant in the transaction. Abbell Associates, LLC (312-528-7940) negotiated the following leases: with Massage Heights for 1,840 sq.ft., with Complete Nutrition for 1,411 sq.ft., with Maurices for 5,000 sq.ft., with Deb for 7,500 sq.ft., with Firehouse Wings for 382 sq.ft. and with rue 21 for 4,540 sq.ft. at Merle Hay Mall, located along Merle Hay Road in Des Moines, IA. Main Street Property Services, Inc. (925299-8170) negotiated a five-year lease with Francesca’s Collection for 1,500 sq.ft. at Bel Aire Plaza, located in Napa, CA. Craig Semmelmeyer of Main Street Property Services, Inc. represented the landlord and John Rootlieb of Main + Main, Inc. represented the tenant in the transaction.
Passov Real Estate Group (216-831-8100) negotiated a lease renewal with Panera Bread for 4,802 sq.ft. at Maxtown Shopping Center in Westerville, OH. Tori Nook of Passov Real Estate Group represented the tenant in the transaction. The company also negotiated a lease with TNT Tanning for 2,000 sq.ft. at Brainard Crossings shopping center, located along Wilson Mills Road in Highland Heights, OH. Tori Nook represented the tenant and Steve Passov of Passov Real Estate Group represented the landlord in the transaction. The company also negotiated leases with SlimGenics Weight Control Centers for 1,500 sq.ft. along Alpha Drive in Highland Heights, OH, with Steve Passov representing the landlord in the transaction and with Dollar Tree for 12,323 sq.ft. along Miles Road in Cleveland, OH, with Tori Nook representing the tenant in the transaction. Venture Commercial (214-378-1212) negotiated leases with Northern Tool + Equipment for 17,936 sq.ft. at the intersection of U.S. Highway 31 and Southland Drive in Birmingham, AL, with Shawn W. Jones of JB Realty Partners representing the landlord in the transaction and for 15,295 sq.ft. at Spotsylvania Crossing Shopping Center, located along Plank Road in Fredericksburg, VA. The company represented the tenant in both transactions. The Rotella Group, Inc. (954-568-9015) negotiated 10 leases with Dollar Tree Stores, Inc. totaling 106,000 sq.ft. throughout southeastern FL. The spaces ranged from 9,400 sq.ft. to 12,600 sq.ft. and were located in Monroe, Miami-Dade, Broward, Palm Beach and St. Lucie counties. LMS Commercial Real Estate (717-569-9373) negotiated a lease with Wilson United for 3,000 sq.ft. along Derry Street in Harrisburg, PA. Wilay Boensch of LMS Commercial Real Estate represented the landlord and the tenant in the transaction. Metro Commercial Real Estate, Inc. (856866-1900) negotiated a lease with Host Interiors for 5,000 sq.ft. along Lancaster Avenue in Ardmore, PA. Steven Gartner and Lars Kerstein of Metro Commercial Real Estate, Inc. negotiated the transaction. DM
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tenant rep and leasing assignments
Retail Op p o r t u n i t i e s
to make your Mark in Bowie Median Household Income over $94,532 Average Household Income over $109,161 Bowie is one of the largest cities in Maryland. Bowie is also an excellent business location, easily accessed from Washington D.C., Annapolis and Baltimore. Bowie’s proximity to these major cities brings business and workforce into the area via Routes 3, 50 and 301. Bowie has more than 90 restaurants, 200 shops, and a dozen recreation opportunities. With this winning combination of location, access and amenities your business is certain to grow and succeed. For space available details call: Bowie Marketplace, Brian Berman, 301-816-1555 Bowie Plaza, Jack deVilliers, 703-442-4315 Bowie Town Center, Vincent Vettraino, 484-679-2388 Collington Plaza, Scott Faloni, 410-693-3248
Free State Shopping Center, Rich Abruscato, 301-998-8188 Hilltop Plaza – Newly Renovated! Bruce Levine, 410-486-0800 x116 Pointer Ridge Plaza, Jim Farrell, 571-382-1229 Shoppes at Bowie Town Center & Shoppes at Highbridge, Sean Weisbord, 410-771-1700
For more information on ALL of Bowie’s Opportunities, contact:
John Henry King,
Economic Development Director, City of Bowie, Maryland 15901 Excalibur Road, Bowie, MD 20716 301.809.3042 | fax 301.809.2315 | jhking@cityofbowie.org Page 10 | March 7, 2014
Renaud Consulting (703-404-2346) is representing the following retailers with their expansion plans: Plaka Grill throughout Alexandria, Ballston, Clarendon, Merrifield, Reston, Rosslyn and Tyson’s Corner, VA in spaces of 2,000 sq.ft. to 3,000 sq.ft.; Dragon Yong-In Martial Arts with its expansion plans throughout northern VA in spaces of 3,000 sq.ft. to 5,000 sq.ft.; Ledo Pizza throughout Owings Mills, Reisterstown and Towson, MD in spaces of 2,600 sq.ft. to 3,000 sq.ft.; Paul Mitchell with its expansion plans throughout Arlington, Alexandria, Burke, Manassas, South Riding and Tyson’s Corner, VA in spaces of 800 sq.ft. to 1,200 sq.ft. and Healthway Natural Foods in spaces of 2,400 sq.ft. to 10,000 sq.ft. throughout the Washington, DC metropolitan area. illi Commercial Real Estate (818-501-2212) is representing Orangetheory Fitness with its expansion plans throughout Hermosa Beach, Redondo Beach, Torrance, Hollywood, Silverlake and downtown Los Angeles, CA. The fitness centers prefer to utilize spaces of 2,600 sq.ft. to 3,200 sq.ft. in inline or endcap spaces of shopping centers or freestanding locations with high visibility. Liberty Universal Management, Inc. (407426-2300) has been appointed as the exclusive property manager and leasing agent for the following shopping centers in FL: Bear Lake Shoppes, a 20,164 sq.ft. center located at the intersection of Bear Lake Road and State Road 436 in Apopka, tenanted by Starbucks and the Original Mattress Factory; for Shoppes of Maitland, a 20,245 sq.ft. twostory mixed-use center located along Orlando Avenue in Maitland and for Maguire Groves, a 29,437 sq.ft. shopping center located at the intersection of Maguire Road and Roberson Road in Ocoee. HFF (404-942-2212) has been appointed as the exclusive sales broker for Stirling Slidell Centre, a 139,460 sq.ft. power center located in New Orleans, LA. The property is 99% occupied and tenanted by Ross Dress for Less, PetSmart, Party City, Shoe Carnival and David’s Bridal, Target and Academy Sports shadow-anchor the center. DM
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lead sheet New York New York, The Clothing Co. Haya Kadosh PO Box 2488 Hallandale, FL 33008 305-249-6646, Fax 305-249-6647 Email: nynyedco@aol.com
Apparel The six-unit chain operates locations throughout TN and TX. The stores, offering women’s contemporary apparel, accessories and footwear, occupy spaces of 2,500 sq.ft. to 3,500 sq.ft. in malls, outlet and tourist centers, as well as urban areas. Growth opportunities are sought throughout FL and the surrounding suburbs of Houston, TX during the coming 18 months. Typical leases run 10 years. A vanilla shell and tenant improvement allowance are required. Preferred demographics include a population of one million within 10 miles earning $75,000 as the average household income. Major competitors include Charlotte Russe and Papaya.
Michaels Stores, Inc. dba Michaels Lance Weibye 8000 Bent Branch Drive Irving, TX 75063 972-409-1300, Fax 469-759-5593 Email: weibyel@michaels.com Web site: www.michaels.com
Arts/Crafts The 1,137-unit chain operates locations nationwide in 49 states and in Canada. The stores, offering custom framing products, crafts, seasonal supplies and home décor items, occupy spaces of 12,000 sq.ft. in freestanding locations, power and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months.
AutoNation Bob Berndt c/o SRS Real Estate Partners 1407 Oakland Boulevard, Suite 301 Walnut Creek, CA 94596 925-256-0100 Email: bob.berndt@srsre.com Web sites: www.srsre.com and www.autonation.com
Automotive The 225-unit chain operates locations throughout AL, AZ, CA, CO, FL, GA, IL, MD, MN, NV, OH, TN, TX and VA. The automotive dealerships, also offering related services and repairs, prefer to occupy buildings on land areas of three to 10 acres. Growth opportunities are sought nationwide during the coming 18 months, with representation by SRS Real Estate Partners.
Friends Enterprises, LLC dba Friends John O’Niell PO Box 2708 Morgan City, LA 70381 985-384-1610, Fax 985-384-1611
Convenience The three-unit chain operates locations throughout LA. The convenience stores, with gasoline facilities, occupy spaces of 1,600 sq.ft. to 2,500 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing market during the coming 18 months.
Ulta Marty Hennessy c/o Katz & Associates 2300 Glades Road, Suite 460W Boca Raton, FL 33431 561-869-4345, Fax 561-361-7276 Web site: www.katzassociates.com
Cosmetics The 664-unit chain operates locations nationwide in 46 states. The stores, offering beauty products, cosmetics and fragrances, and featuring a full service salon, occupy spaces of 10,000 sq.ft. in regional power and strip centers. Growth opportunities are sought throughout FL, excluding the Miami-Dade area, during the coming 18 months, with representation by Katz & Associates.
Bealls, Inc. dba Bealls Department Stores Patricia Dinning 1806 38th Avenue East Bradenton, FL 34208 941-744-4638, Fax 941-747-9435 Email: pdinning@beallsinc.com Web site: www.beallsflorida.com
Department Store The 75-unit chain operates locations throughout FL. The department stores occupy spaces of 40,000 sq.ft. to 50,000 sq.ft. in malls, lifestyle, power and strip centers. Plans call for one opening in the existing market during the coming 18 months. Typical leases run 10 to 15 years with options. Preferred cotenants include grocery, discount and electronic stores, as well as home improvement and sporting goods retailers. Preferred demographics include a population of 100,000 within five miles earning $50,000 as the average household income. Major competitors include department stores. A land area of eight acres is required.
Dealmakers Magazine | www.dealmakers.net
March 7, 2014 | Page 11
lead sheet Nordstrom, Inc. dba Nordstrom Rack Tony Sekora 1700 7th Avenue, Suite 1000 Seattle, WA 98101-4407 206-303-2095, Fax 206-303-4419 Email: tony.sekora@nordstrom.com Web site: www.nordstrom.com
Department Store The 150-unit chain operates locations nationwide. The department stores, offering family apparel, accessories and home accents, occupy spaces of 35,000 sq.ft. to 40,000 sq.ft. in power centers. Growth opportunities are sought throughout the existing market during the coming 18 months.
Polk’s Discount Drug Buell Polk 335 Crossgates Boulevard Brandon, MS 39042 601-825-8660, Fax 601-825-6983
Drug Store The seven-unit chain operates locations throughout LA and MS. The drug stores occupy spaces of 2,800 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. The company prefers to locate in high traffic areas near medical office, schools and churches.
T-Mobile Ed Gerwig c/o National Commercial Brokers, Inc. 381 Elliot Street, Suite 185L Newton Upper Falls, MA 02464 617-243-0222, Fax 617-243-0277 Email: ed@nationalcommercial.com Web site: www.nationalcommercial.com
Electronics The chain operates locations nationwide. The stores, offering cellular phones and related services and accessories, occupy spaces of 1,200 sq.ft. to 1,800 sq.ft. in freestanding locations, inline spaces and endcaps of shopping centers. Growth opportunities are sought throughout MA, ME, NH, RI and VT during the coming 18 months, with representation by National Commercial Brokers, Inc.
Bally Total Fitness Wally Limburg c/o Strategic Retail Advisors 3990 Westerly Place, Suite 230 Newport Beach, CA 92660 949-640-6678, Fax 949-748-8088 Email: wally@strategicretailadvisor.com Web site: www.strategicretailadvisor.com
Fitness The 50-unit chain operates locations nationwide. The fitness centers occupy spaces of 40,000 sq.ft. in freestanding locations, regional malls and strip centers. Growth opportunities are sought throughout southern CA during the coming 18 months, with representation by Strategic Retail Advisors.
Blast Fitness Gary Litvin c/o Horizon Realty Services, Inc. 1130 Lake Cook Road, Suite 280 Buffalo Grove, IL 60089 847-870-8585, Fax 847-870-1888 Email: glitvin@horizonrealtyservices.com Web site: www.horizonrealtyservices.com
Fitness The 78-unit chain operates locations throughout AZ, CA, CT, FL, IL, MA, MN, MO, NC, NH, NY, RI, TX and WI. The fitness centers occupy spaces of 20,000 sq.ft. to 25,000 sq.ft. in freestanding locations and inline spaces of shopping centers. Growth opportunities are sought nationwide during the coming 18 months, with representation by Horizon Realty Services, Inc. Preferred cotenants include grocery stores. The company will also consider locating in second-generation spaces.
Planet Fitness Brent Andrews or Greg Godino c/o Atlantic Retail Properties 1001 North US Highway One, Suite 600 Jupiter, FL 33477 561-427-6699, Fax 561-427-6561 Email: bandrews@atlanticretail.com Web site: www.atlanticretail.com
Fitness The 700-unit chain operates locations nationwide. The fitness centers occupy spaces of 15,000 sq.ft. in various retail settings. Growth opportunities are sought throughout Miami/ Dade County in FL during the coming 18 months, with representation by Atlantic Retail Properties.
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Dealmakers Magazine | www.dealmakers.net
lead sheet Miracle Ear Tara Kim c/o Present Value Properties 20720 Ventura Boulevard, Suite 220 Woodland Hills, CA 91364 818-646-6118, Fax 818-646-6115 Email: tara@pvpinc.com Web site: www.pvpinc.com
Healthcare The 1,200-unit chain operates locations nationwide. The stores, offering hearing aids and related products, occupy spaces of 800 sq.ft. to 1,200 sq.ft. in strip centers. Growth opportunities are sought throughout southern CA during the coming 18 months, with representation by Present Value Properties. Preferred cotenants include grocery stores.
Haverty’s Diana Teitsma c/o Divaris Real Estate, Inc. 2101 Rexford Road, Suite 33E Charlotte, NC 28211 704-442-1988 Email: dteitsma@divaris.com Web site: www.divaris.com
Home Furnishings The 120-unit chain operates locations throughout AL, AR, FL, GA, IN, KS, KY, LA, MD, MO, NC, OH, SC, TN, TX and VA. The stores, offering living room, dining room, home office and bedroom furniture, occupy spaces of 35,000 sq.ft. in freestanding locations and endcaps of shopping centers. Growth opportunities are sought throughout NC and SC during the coming 18 months, with representation by Divaris Real Estate, Inc.
Green Management dba Greenberg Jewelers Howard Kreisberg PO Box 1561 Sioux City, IA 51102 712-255-5013 Ext. 203, Fax 712-255-1405 Web site: www.greenbergsjewelers.com
Jewelry The nine-unit chain operates locations throughout IA, NE and SD. The jewelry stores occupy spaces of 1,200 sq.ft. to 4,000 sq.ft. in freestanding locations, malls and lifestyle, mixed-use and strip centers. Limited growth opportunities are sought throughout the existing markets during the coming 18 months. The company prefers to locate in areas with strong visibility and high foot and vehicular traffic counts.
Staples Brian Schuster or Miles Mahony c/o Ripco Real Estate 420 Jericho Turnpike, Suite 100 Jericho, NY 11753 516-933-8880, Fax 516-933-2514 Emails: bschuster@ripcony.com or mmahony@ripcony.com Web site: www.ripcony.com
Office Supplies The 2,200-unit chain operates locations nationwide and internationally. The office supply stores occupy spaces of 10,000 sq.ft. to 18,000 sq.ft. in freestanding locations, power centers and urban/downtown areas. Growth opportunities are sought throughout Long Island, Queens and Staten Island, NY during the coming 18 months, with representation by Ripco Real Estate.
New Look Eyewear, Inc. dba New Look Eyewear and Vogue Optical Claire Boulanger 4405 Chemin du Bois-Franc Montreal, Quebec, Canada H4S 1A8 514-904-5665 Ext. 4236, Fax 514-904-5675 Email: cboulanger@newlook.ca Web site: www.newlook.ca
Optical The 74-unit chain operates locations throughout Ottawa, Quebec, British Columbia, New Brunswick, Newfoundland/Labrador, Nova Scotia, Prince Edward Island and Saskatchewan, Canada. New Look Eyewear occupies spaces of 1,200 sq.ft. to 1,500 sq.ft. in smaller markets for its express centers and spaces of 2,500 sq.ft. to 3,300 sq.ft. in freestanding locations and pad sites of power and regional enclosed shopping centers, as well as urban/downtown areas. Growth opportunities are sought throughout Ottawa, Quebec and eastern Ontario areas in Canada during the coming 18 months. Vogue Optical occupies spaces of 1,500 sq.ft. to 3,000 sq.ft. and is seeking expansion opportunities during the coming 18 months throughout Brunswick, Newfoundland/Labrador, Nova Scotia, Prince Edward Island and Saskatchewan, Canada.
Pet Supermarket, Inc. dba Pet Supermarket Rebecca Smith 1100 International Parkway Sunrise, FL 33323 954-351-0834 Email: rsmith@petsupermarket.com Web site: www.petsupermarket.com
Pet Supplies The 145-unit chain operates locations nationwide. The pet supply stores occupy spaces of 7,000 sq.ft. to 9,000 sq.ft. in freestanding locations, power and strip centers, as well as urban/ downtown areas. Growth opportunities are sought throughout AL, FL, GA, NC, SC, TN and Dallas and Houston, TX during the coming 18 months. Typical leases run five years with two, five-year options. Preferred demographics include a population of 50,000 within a 15-minute drive-time earning $50,000 as the median household income.
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March 7, 2014 | Page 13
lead sheet Wild Bird Centers of America, Inc. dba Wild Bird Center George Petrides, Jr. 7370 MacArthur Boulevard Glen Echo, MD 20812 301-841-6413, Fax 301-320-6154 Email: georgejr@wildbird.com Web site: www.wildbird.com
Pet Supplies The 45-unit chain operates locations nationwide and in Canada. The stores, offering a full-line of birding products including, seed, feeders, baths, books, hardware and garden accessories, occupy spaces of 1,000 sq.ft. to 1,400 sq.ft. in power, strip and neighborhood shopping centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Preferred cotenants include grocery stores, Bed Bath & Beyond and apparel retailers. Expansion is franchise-driven.
Genesco, Inc. dba Journeys David Stuck 1415 Murfreesboro Road, Suite 606 Nashville, TN 37217 615-367-8011, Fax 615-367-7323 Email: dstuck@genesco.com Web site: www.genesco.com
Shoes The 831-unit chain operates locations nationwide and in Canada and Puerto Rico. The stores, offering footwear, apparel and accessories, occupy spaces of 1,800 sq.ft. to 2,400 sq.ft. in malls, lifestyle, outlet and value centers. Plans call for 40 openings nationwide and in Canada during the coming 18 months. Typical leases run 10 years. Preferred cotenants include American Eagle, Aeropostale, Pacific Sunwear and Zumiez.
Beach Bum Tanning Greg Batista c/o Sabre Real Estate Group, LLC 500 Old County Road, Suite 209 Garden City, NY 11530 516-874-8070 Ext. 515 Email: greg@sabreny.com Web site: www.sabreny.com
Service The 54-unit chain operates locations throughout CT; NJ; Long Island, Westchester, Rockland, Queens, Manhattan and Staten Island, NY; VA and WV. The tanning salons occupy spaces of 2,500 sq.ft. to 4,800 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout Long Island, NY during the coming 18 months, with representation by Sabre Real Estate Group, LLC.
Bed Bath & Beyond, Inc. dba Christmas Tree Shops Susan Brancato 650 Liberty Avenue Union, NJ 07083 Email: susan.brancato@bedbath.com Web site: www.christmastreeshops.com
Specialty The 45-unit chain operates locations throughout CT, DE, MA, ME, NH, NJ, NY, PA, RI and VT. The stores, offering home dĂŠcor, housewares, outdoor products and seasonal merchandise, occupy spaces of 32,000 sq.ft. to 55,000 sq.ft.in freestanding locations, malls, mixed-use and power centers. Growth opportunities are sought nationwide during the coming 18 months.
Watermill Express Rick Kelly 3616 Conflans Road Irving, TX 75061 972-399-0583 Email: rkelly@watermillexpress.com Web site: www.watermillexpress.com
Specialty The 1,300-unit chain operates locations throughout AZ, CA, FL, LA, OH, NM, NV and TX. The concept, featuring a drive-up, self-serve water vending machine, prefers to occupy kiosks of 120 sq.ft. Growth opportunities are sought throughout NV and TX during the coming 18 months. Preferred cotenants include grocery stores.
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 | March 7, 2014
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space place California
California
Hesperia – Hesperia Town Center, located at the intersection of Main Street and 8th Street, has spaces available. Cotenants include Dollar Tree, Goodyear, Avis, Supercuts, Liberty Tax and Del Taco. Area demographics include a population of 130,892 within five miles earning $61,693 as the average household income. Rancho Mirage – Monterey Marketplace, located at the intersection of Dinah Shore Drive and Monterey Avenue, has a divisible 6,424 sq.ft. freestanding building available, along with a pad site. Cotenants include Jo-Ann Fabrics and Plummers Furniture. Area demographics include a population of 86,460 within five miles earning $89,096 as the average household income. The average daily traffic count is 67,083 vehicles. For more information, contact Terry Bortnick, Daniel Firtel or Nick Ritch, Argent Retail Advisors, 888-301-1888 Ext. 2/3/5; Email: tbortnick@argentretailadvisors.com.
include a population of 193,847 within three miles earning $88,260 as the average household income. Orange – A center located at the intersection of North Tustin Street and East Mayfair Avenue, has a space of 4,400 sq.ft. available. Area retailers include IHOP, McDonald’s, Sizzler, Islands Fine Burgers & Drinks and Aaron Brothers. Area demographics include a population of 164,855 within three miles earning $98,218 as the average household income. Palm Desert – A 2,400 sq.ft. former Auto Zone is available at a center located at the intersection of Highway 111 and San Luis Rey Avenue. Cotenants include 7-Eleven. Area demographics include a population of 71,986 within five miles earning $100,151 as the average household income. Woodland Hills – A center located at the intersection of Ventura Boulevard and De Soto Avenue, has spaces from 1,092 sq.ft. to 2,555 sq.ft. available. Area retailers include Trader Joe’s, Wells Fargo, 7-Eleven, Payless Shoe Long Beach – A center located at the Source, Staples, Target and Subway. Area intersection of Wardlow Road and Norwalk demographics include a population of Boulevard, has spaces from 960 sq.ft. to 151,926 within three miles. The average 3,600 sq.ft. available. Area demographics daily traffic count is 33,597 vehicles. Join over 118,900 members looking to acquire, sell, lease and finance all types of commercial real estate. We’re the place to list your center’s availabilities and to find that perfect site. No matter the economy, these forums make sense and, best of all, they’re free! Sign up today at www.dealmakerS.net/Free-email-ForumS
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Page 16 | March 7, 2014
California For more information regarding the Long Beach property, contact Dave O’Connell or Brett Mero, CBM, 1517 South Sepulveda Boulevard, Los Angeles, CA 90025; 818-3809966 Ext. 32/23, Fax 818-380-9976; Email: dave@cbm1.com. For more information regarding the space along North Tustin Street, contact contact Geoff Grossman or Michael Nitti, 310-575-1517 Ext. 235/714-769-6159 Ext. 102; Email: geoff@cbm1.com. For more information regarding the site in Palm Desert, contact Barry Bussiere, 760-712-4700, Fax 760-757-9526; Email: barry@cbm1.com. For more information, contact Alex Shabani, 310-231-5218 Ext. 218, Fax 310-575-1147; Email: alex@cbm1.com. Los Angeles – A 2,100 sq.ft. endcap is available along San Pedro Street. Area demographics include a population of 937,825 within five miles earning $46,249 as the average household income. The average daily traffic count is 22,458 vehicles. For more information, contact Sam Kangavari, Fernando Hernandez or Lauren Ayeroff, Rosano Partners, 700 South Flower Street, Suite 2920, Los Angeles, CA 90017; 213-802-0222/0314/0333; Email: skangavari@rosanopartners.com.
Connecticut Newington – Jo-Ann’s Plaza, a 150,000 sq.ft. center located at the intersection of Berlin Turnpike and Pascone Place, has spaces of 1,250 sq.ft. and 11,750 sq.ft. available. Cotenants include Jo-Ann’s Fabrics, Big Lots, Modell’s, Chuck E. Cheese, FedEx Office, Radio Shack, Dollar Tree, GNC and T-Mobile. Area demographics include a population of 66,777 within three miles earning $74,074 as the average household income. The average daily traffic count is 38,000 vehicles. For more information, contact Farron Roboff or Jeff Kintzer, Royal Properties, Inc., 850 Bronx River Road, Bronxville, NY 10708; 914-237-3403 Ext. 112/103, Fax 914237-0196; Email: farron@royalpropertiesinc.com; Web site: www.royalpropertiesinc.com.
Florida Boca Raton – Camino Square, located at the intersection of Camino Real and Southwest 3rd Avenue, has spaces available. Area demographics include a population of 200,371 within five miles earning $82,946 as the average household income. The average daily traffic count is 26,000 vehicles. Dealmakers Magazine | www.dealmakers.net
space place Florida
Florida
Florida
For more information, contact Gary Broidis, Atlantic Commercial Group, Inc., 561-447-8610; Email: gary@atlanticcg.com.
daily traffic count is 40,613 vehicles. For more information, contact Courtelis Co., 703 Waterford Way, Suite 800, Miami, FL 33126; 305-261-4330, Fax 305-261-4338; Web site: www.courtelis.com.
sq.ft. available. Cotenants include Marshalls, Supercuts, Citi Financial, Pizza Hut and Annie’s Attic. Area demographics include a population of 129,080 within five miles earning $73,587 as the average household income. The average daily traffic count is 53,500 vehicles. For more information regarding the Jacksonville property, contact Pete Fraser or Jim Loftin, Cantrell & Morgan, 200 West Forsyth Street, Suite 400, Jacksonville, FL 32202; 904-860-8792/706-577-3194, Fax
Brandon – Parkview Point, located along Lumsden Road, has spaces of 1,388 sq.ft., 1,417 sq.ft. and 1,697 sq.ft. available. Cotenants include Dunkin’ Donuts, Radiance Tanning, Jet’s Pizza and Ashton Woods. Area demographics include a population of 219,168 within five miles earning $65,798 as the average household income. The average daily traffic count is 40,552 vehicles. Ellenton – A 29,000 sq.ft. space is available for sublease at the intersection of US Route 301 North and 36th Avenue East. Area retailers include Publix and Walmart Supercenter. Area demographics include a population of 117,858 within five miles earning $53,190 as the average household income. The average daily traffic count is 38,000 vehicles along US Route 301 North. For more information regarding Parkview Point, contact Brian Bern or Ryan Derriman, Franklin Street Real Estate, 500 North Westshore Boulevard, Suite 750, Tampa, FL 33609; 813-658-3343/3359, Fax 813-8397330; Email: ryan.derriman@franklinst.com; Web site: www.franklinst.com. For more information regarding the Ellenton property, contact Brian Bern, Franklin Street Real Estate; Email: brian.bern@franklinst.com; or Andy Couch, DJM Realty, 207-650-7154; Email: acouch@djmrealty.com. Deland – Country Club Corners, located at the intersection of 17-92 and Orange Camp Road, has inline and anchor spaces available, along with outparcels. Area retailers include Publix, Walgreens, Bealls Outlet, Belk, T.J. Maxx, Office Max and McDonald’s. Area demographics include a population of 73,826 within five miles earning $50,272 as the average household income. The average daily traffic count is 51,926 vehicles. For more information, contact Stephen Infantino or James Gendreau, Tailwinds Development, LLC, 407-721-6051/407-6202106, Fax 321-422-5529; Email: sinfantino@ tailwindsdevelopment.com. Gainesville – The Marketplace Shopping Center, a 75,538 sq.ft. neighborhood center located at the intersection of 16th Boulevard and 43rd Street, has a space of 994 sq.ft. available. Cotenants include The Fresh Market, Five Guys Famous Burgers and Fries, Supercuts and Upper Crust Bakery. Area demographics include a population of 73,782 within three miles earning $63,830 as the average household income. The average Dealmakers Magazine | www.dealmakers.net
Jacksonville – A 45,667 sq.ft. building located along Atlantic Boulevard, has a space of 21,047 sq.ft. available. Cotenants include Northern Tool & Equipment. Orange Park – Ridgecrest Plaza, located at the intersection of Blanding Boulevard and Ridgecrest Avenue, has spaces from 1,500 sq.ft. to 9,464
(continued on page eighteen)
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space place Florida (continued from page seventeen)
904-493-6590; Email: pete@cantrellmorgan.com. For more information regarding Ridgecrest Plaza, contact Pete Fraser. Largo – East Bay Plaza, an 85,426 sq.ft. center located along East Bay Drive, has spaces from 1,050 sq.ft. to 6,650 sq.ft. available. Cotenants include Publix, Harbor Freight Tools, Sprint PCS, T-Mobile, The UPS Store, Family Dollar Store, Noodle World and Silky Beauty Supply. Area demographics include a population of 282,564 within five miles earning $57,159 as the average household income. For more information, contact Isram Realty & Management, Inc., 506 South Dixie Highway, Hallandale, FL 33009; 954-4552822, Fax 954-455-9384; Web site: www. isramrealty.com. Melbourne – Northgate Shopping Center, a 131,850 sq.ft. center located at the intersection of North Wickham Road and Northgate Street, has spaces from 1,050 sq.ft. to 27,864 sq.ft. available. Cotenants include Goodwill, Save-A-Lot, Liberty Tax and Harbor Freight Tools. Area demographics include a population of 89,408 within five miles earning $62,022 as the average household income. The average daily traffic count is 38,000 vehicles. For more information, contact Real Property Specialists, 407-812-8000, Fax 407-812-8885; Web Site: www. realpropertyspecialists.com. North Miami Beach – A 3,000 sq.ft. space is available along 167th Street. Area demographics include a population of 463,145 within five miles earning $54,101 as the average household income. For more information, contact James Goldsmith, Gator Investments, 1595 NE 163rd Street, North Miami Beach, FL 33162; 877459-9605; Email: sales@gatorinvestments. com; Web site: www.gatorinvestments.com. St. Petersburg – 66th Street Plaza, a 95,442 sq.ft. center located at the intersection of 66th Street and 46th Avenue North, has spaces available. Cotenants include Save A Lot, Harbor Freight Tools, Pizza Hut and Natural Nails. Area demographics include a population of 257,604 within five miles earning $56,345 as the average household income. The average daily traffic count is 40,000 vehicles. For more information, contact Joe Tyszko, Insite Real Estate, Inc., 704 Pinellas Street, Clearwater, FL 33756; 727-445-9331, Fax 727-445-9225; Email: jtyszko@insiterei.com. Page 18 | March 7, 2014
Florida
Georgia
Tampa – Tampa Plaza, a 150,210 sq.ft. center located at the intersection of North Florida Avenue and East Waters Avenue, has spaces of 1,600 sq.ft. and 2,000 sq.ft. available, along with three outparcels. Cotenants include Kmart, Sears Outlet, Dollar General, Audiomax and DJ Beauty Supply. Area demographics include a population of 126,476 within five miles earning $46,215 as the average household income. For more information, contact Luli Cannon, RMC Property Group, 8902 North Dale Mabry Highway, Suite 200, Tampa, FL 33614; 813-960-8154 Ext. 336; Email: lcannon@rmcpg.com; Web site: www.rmcpg.com.
information regarding Stockbridge Village, contact Christa Isaf, 770-624-4891; Email: christa.isaf@brixmor.com.
Georgia Augusta – Southpointe Plaza, a 34,873 sq.ft. center located at the intersection of Deans Bridge Road and Georgetown Drive, has a space of 6,038 sq.ft. available. Cotenants include Cato, Dollar Tree, Sally Beauty Supply, Rent-A-Center and Game Stop. Area demographics include a population of 303,442 within ten miles earning $54,461 as the average household income. For more information, contact Heather Stewart, Rivercrest Realty Investors, 800992-4046; Email: hstewart@rivercrestrealty.com; Web site: www.rivercrestrealty.com. Mableton – The Village at Mableton, a 239,013 sq.ft. center located at the intersection of Mableton Parkway South and Veteran’s Memorial Highway, has spaces from 1,500 sq.ft. to 60,000 sq.ft. available. Cotenants include Big Kmart, Dollar Tree, Cash America Pawnshop, Cato and Stitch N’ Quilt. Area demographics include a population of 136,591 within five miles earning $71,903 as the average household income. Stockbridge – Stockbridge Village, a 188,203 sq.ft. center located at the intersection of Stockbridge Road and Hannover Parkway South, has spaces from 1,600 sq.ft. to 8,000 sq.ft. available. Cotenants include Kroger, Great Clips, The UPS Store, Rainbow, Applebee’s, Subway and Chase Bank. Area demographics include a population of 124,099 within five miles earning $63,807 as the average household income. For more information regarding the Village at Mableton, contact Taylor Kiewit, Brixmor, 3440 Preston Ridge Road, Building 4, Suite 425, Alpharetta, GA 30005; 770360-8434; Email: taylor.kiewit@brixmor.com; Web site: www.brixmor.com. For more
Illinois Bloomington – Parkway Shopping Center, located at the intersection of Veterans Parkway and College Avenue, has spaces of 1,346 sq.ft., 1,673 sq.ft. and 8,944 sq.ft. available. Cotenants include Jewel-Osco, T.J. Maxx, Best Buy, Cost Cutters, Weight Watchers and Smoothie King. Area demographics include a population of 127,260 within five miles earning $69,569 as the average household income. The average daily traffic count is 31,800 vehicles. For more information, contact Luke Sementa or James Schutter, Newmark Grubb Knight Frank Retail, 312-224-3974/3210; Email: lsementa@ngkf.com. Chicago – A 1,300 sq.ft. storefront is available along West Addison Street. Area retailers include Subway, Starbucks and 7-Eleven. Area demographics include a population of 88,076 within one mile earning $105,348 as the average household income. Also – A center located along North Damen Avenue has spaces available. Cotenants include PNC Bank, 7-Eleven, Lou Malnati’s Pizzeria and Pinky Nails. Area demographics include a population of 71,095 within one mile earning $69,062 as the average household income. The average daily traffic count is 16,500 vehicles. For more information regarding the Addison Street property, contact Doug Renner or Ken Robberechts, Baum Realty Group, 312-275-3137/3103; Email: doug.renner@baumrealty.com; Web site: www.baumrealty.com. For more information regarding the Damen Avenue property, contact Doug Renner or Nicole Cardot, 312275-0371; Email: nicole@baumrealty.com. Downers Grove – A new development located at the intersection of Ogden Avenue and Fairview Avenue, has spaces available. Cotenants include Fresh Thyme Farmers Market. Area retailers include Trader Joe’s, Jewel-Osco, Standard Market, Panera Bread, Five Guys Famous Burgers and Fries and Starbucks. Area demographics include a population of 90,238 within three miles earning $111,463 as the average household income. Wheeling – Riverside Plaza, located at the intersection of Milwaukee Avenue and Dundee Road, has spaces up to 4,469 sq.ft. available, along with a 0.28 acre outlot. Area (continued on page twenty)
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May 18-20, 2014 • Las Vegas, NeVada The Dealmakers will be distributed at ICSC RECon The Global Retail Real Estate Convention in Las Vegas, NV, delivering 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 9th pre-show issue, telling everyone you’re ready to make deals! MAKE A STATEMENT Your ad will be hand-delivered to every attendee’s hotel room by 6 a.m. opening day and The Dealmakers May 23rd show issue gets exposure on the show floor! FOLLOW UP In addition to powerhouse companies that read The Dealmakers every week, the June 6th post-show issue is mailed to attendees — giving you added exposure!
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space place Illinois (continued from page eighteen)
retailers include Fresh Farms, Walgreens, Panda Express, Jimmy John’s, McDonald’s and Chase Bank. Area demographics include a population of 235,197 within five miles earning $111,706 as the average household income. For more information regarding the Downers Grove property, contact Mike Streit or Al Rodenbostel, ARCORE Real Estate Group, 2803 Butterfield Road, Suite 310, Oak Brook, IL 60523; 630-908-5702/5701; Email: mstreit@arcoregrp.com; Web site: www.arcoregrp.com. For more information regarding the Wheeling property, contact Mike Streit or April Smith, 630-908-5703; Email: asmith@arcoregrp.com. Niles – Pointe Plaza, a 40,195 sq.ft. center located at the intersection of Central Avenue and Touhy Avenue, has spaces of 2,133 sq.ft. and 3,000 sq.ft. available. Cotenants include Walmart, Babies “R” Us, Ross Dress for Less, Fresh Farms, Great Clips, Jimmy John’s, Dots and Starbucks. Area demographics include a population of 174,169 within three miles earning $81,833 as the average household income. The average daily traffic count is 43,800 vehicles. For more information, contact Adam Moschin, Tucker Development Corp., 799 Central Avenue, Suite 300, Highland Park, IL 60035; 847-926-9999, Fax 847-926-9996; Email: amoschin@tuckerdevelopment.com; Web site: www.tuckerdevelopment.com. Waukegan – Fountain Square of Waukegan, located at the intersection of Route 120 and Waukegan Road, has proposed small shop spaces available. Cotenants include Buffalo Wild Wings, Rainbow, Sally Beauty Supply, GNC, Sports Clips, Game Stop, Payless Shoe Source and Dunkin’ Donuts. Area demographics include a population of 182,435 within five miles earning $74,773 as the average household income. For more information, contact Brian Adams or Steve Frishman, Mid-America Real Estate Corp., One Parkview Plaza, 9th Floor, Oakbrook Terrace, IL 60181; 630954-7512/7325, Fax 630-954-7304; Email: badams@midamericagrp.com; Web site: www.midamericagrp.com. Wheeling – A divisible space of 25,000 sq.ft. is available at the intersection of Old Buffalo Grove Road and Hintz Road. Area retailers include Marathon. Area demographics include a population of 291,559 within five miles earning $92,291 as the average household income. The average daily traffic count is 19,000 vehicles along Hintz Road. Page 20 | March 7, 2014
Illinois
Massachusetts
For more information, contact Rich Kahan or Tony Kahan, KB Real Estate, Inc., 790 West Frontage Road, Northfield, IL 60093; 847-441-4425/4424; Email: rkahan@kbrealestate.com.
North Dartmouth – Dartmouth Towne Center, a 563,969 sq.ft. center located along Route 6, has spaces available. Cotenants include Jo-Ann Fabrics, Barnes & Noble, Old Country Buffet, Dollar Tree, Chuck E. Cheese, Game Stop, Cartridge World and Subway. Area demographics include a population of 38,743 within three miles earning $52,539 as the median household income. The average daily traffic count is 19,400 vehicles. For more information, contact Mark Sobel, 1st US Realty, 427 Columbia Road, Hanover, MA 02339; 508-280-4563; Email: msobel@1stusrealty.com; Web site: www.1stusrealty.com.
Maryland District Heights – County Plaza, a 9,800 sq.ft. center located at the intersection of County Road and Walker Mill Road, has three spaces of 1,300 sq.ft. available. Cotenants include Pro Beauty Supply, Leo’s Carry Out and Food Mart. Area demographics include a population of 328,815 within five miles earning $66,731 as the average household income. The average daily traffic count is 28,000 vehicles. Rockville – Up to 9,000 sq.ft. of retail or restaurant space is available along King Farm Boulevard. Area demographics include a population of 275,000 within five miles earning $92,159 as the average household income. For more information regarding County Plaza, contact Brendan Clark, Renaud Consulting, 8605 Westwood Center Drive, Suite 410, Vienna, VA 22182; 571-765-4426; Email: bclark@renaudconsulting.net; Web site: www.renaudconsulting.net. For more information regarding the space in Rockville, contact Leonard Pick, 703-404-2346; Email: lpick@renaudconsulting.net.
Peabody – Peabody Plaza, an 11,519 sq.ft. center located along Newbury Street, has spaces of 1,785 sq.ft., 1,786 sq.ft., 1,811 sq.ft. and 3,200 sq.ft. available. Cotenants include Dunkin’ Donuts. Area demographics include a population of 57,838 within three miles earning $81,283 as the median household income. The average daily traffic count is 76,887 vehicles. For more information, contact Mike Segel, National Commercial Brokers, Inc., 381 Elliot Street, Suite 185L, Newton Upper Falls, MA 02464; 617-243-0222, Fax 617-2430277; Email: mike@nationalcommercial.com; Web site: www.nationalcommercial.com.
Massachusetts
Mississippi
Ashland – A land area of 14,000 sq.ft. is available for ground lease at the intersection of Chestnut Street and Union Street. Area retailers include Ichiban Steak House, Family Dollar, Dollar Tree, Papa Ginos, TD Bank and Radio Shack. Area demographics include a population of 48,412 within three miles earning $102,625 as the average household income. Wrentham – The Shoppes at Wrentham, located at the intersection of Interstate 495 and Route 1A, has spaces from 11,000 sq.ft. to 29,640 sq.ft. available. Area retailers include Gap, Coach, Banana Republic, Aldo, Brookstone and Burberry. Area demographics include a population of 353,726 within ten miles earning $92,006 as the average household income. For more information regarding the Ashland property, contact Jim Conviser, Conviser Property Group, 858 Washington Street, Suite 306, Dedham, MA 02026; 781-320-0600, Fax 781-791-4955; Email: jim@conviserpg.com; Web site: www.conviserpg.com. For more information regarding the Shoppes at Wrentham, contact Jim Conviser or Adam Conviser.
Oxford – Oxford Marketplace, a 90,156 sq.ft. center located along West Jackson Avenue, has inline spaces from 1,800 sq.ft. to 10,000 sq.ft. available, along with restaurant spaces of 2,050 sq.ft. and 4,510 sq.ft. Cotenants include Walmart, Goodwill, Dollar Tree, Sally Beauty Supply, Cato, Advance Auto Parts, Game Stop, Radio Shack and Chili’s. Area demographics include a population of 33,512 within five miles earning $59,020 as the average household income. The average daily traffic count is 23,000 vehicles. For more information, contact George Fox, Wheeler Real Estate Co., 2529 Virginia Beach Boulevard, Suite 200, Virginia Beach, VA 23452; 757-627-9088, Fax 757-6279081; Email: george@wheelerrec.com; Web site: www.wheelerint.com.
Pennsylvania Matamoras – Westfall Town Center, a 208,000 sq.ft. center located at the intersection of Hulst Drive and US Route (continued on page twenty-two)
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Over 5,000
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? Tenant Search includes national and regional chains in addition to local chains with 60+ types of retail uses. Can the info be used with other software? All information on the CD-ROM can be exported into Excel, ACT, Access and Ascii. All information from searches online can be saved to your hard drive. Do I need any other software? You can use TenantSearch’s self-loading CD-ROM to print reports, labels and letters; look up by name, use, store size, etc., plus you can save searches. You can use any Web browser online, access up-todate information, print letters and save searches. Get the details on over 5,000 retailers. TenantSearch provides: Contact Name for Director of Real Estate or Tenant Rep; Parent Company; Trade Name(s); Address; Phone; Fax; Email; Web site; Number of Stores in the Chain; States where the stores operate; Projected store openings in the next 18 months; States of interest for new sites; description of merchandise; Customer profile and competition; Demographic requirements; Preferred type of site; Lease terms; Preferred cotenants.
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 TenantSearch users receive leads daily via email for online users. TenantSearch matches ideal tenants to your site. Simply plug in the parameters of your retail property and retail uses you desire, and within seconds you’ll have a list of prospective tenants for your location.
Call 1-800-732-5856 or visit our website at www.tenantsearch.com
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space place Pennsylvania (continued from page twenty)
6/206, has a space of 2,430 sq.ft. available, along with a space of 7,937 sq.ft., which can be combined. Cotenants include Kmart, Dollar Tree, Majestic Cinemas 7, Payless Shoe Source, Game Stop, Fashion Bug, Jake’s Wayback and Subway. For more information, contact Aggie Rigos, Rosenshein Associates, 555 South Barry Avenue, Mamaroneck, NY 10543; 914-698-3600, Fax 914-698-3939; Email: aggie@rosensheinassocs.com.
Texas Arlington – Bardin Place Center, a 309,488 sq.ft. center located at the intersection of Interstate 20 and South Cooper Street, has spaces of 1,250 sq.ft., 2,800 sq.ft., 2,864 sq.ft. and 3,997 sq.ft. available. Cotenants include Hemispheres, Sports Authority, Ross Dress for Less, Shoe Carnival and Dollar Tree. Area demographics include a population of 117,450 within three miles earning $73,716 as the average household income. For more information, contact Michael
Texas
Virginia
Watson, Brixmor, 3333 Preston Road, Suite 1400, Frisco, TX 75034; 214-618-6521; Email: michael.watson@brixmor.com; Web site: www.brixmor.com.
a population of 102,709 within three miles earning $96,460 as the average household income. The average daily traffic count is 70,000 vehicles. For more information, contact Robert, RJM Management, LLC, 703-675-0426; Email: leasing@rjmcompanies.com.
El Campo – El Campo Town Center, located at the intersection of Highway 71 and FM 2765, has spaces from 1,200 sq.ft. to 3,600 sq.ft. available. Cotenants include Dollar Tree, Cato, Hibbett Sports, Advance America and Tractor Supply Co. Area demographics include a population of 14,671 within five miles earning $50,732 as the average household income. For more information, contact Randy Summers, Keith Kinsolving, David McDaniel, Darren Jones or Gary Clemons, Davis Equity Realty, 2300 West Pike 200, Weslaco, TX 78596; 956-969-8648, Fax 956-968-4574; Email: rsummers@davisequity.com; Web site: www.davisequity.com.
Virginia Springfield – Backlick Square, located along Backlick Road, has a 1,860 sq.ft. endcap space available. Area demographics include
Washington, D.C. Waldorf Shoppers World, located along Crain Highway/Route 301, has spaces from 1,320 sq.ft. to 3,000 sq.ft. available, along with a pad site. Cotenants include Bed Bath & Beyond, Chipotle, Books-A-Million, Burlington Coat Factory, Sports Authority and FedEx Office. Area demographics include a population of 195,433 within ten miles earning $113,583 as the median household income. The average daily traffic count is 63,975 vehicles. For more information, contact Les Sax or Sharon Daugherty, 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. DM
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Exp. Date ________________ Sec. Code _____________________ Signature _______________________________________________ P.O. Box 2630 | Mercerville, NJ 08690 | 1-800-732-5856 | Fax 609-587-3511 | www.dealmakers.net Page 22 | March 7, 2014
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