Reporting The Nation’s Weekly News on Retailing & Retail Real Estate Volume XXVIII No. X
March 8, 2013
FEATURING supermarket Chains Expand Nationwide Factory Mattress operates 17 locations throughout TX. The stores, offering mattresses and related items, occupy spaces of 4,000 sq.ft. to 4,500 sq.ft. in freestanding locations and endcaps of shopping centers. Plans call for six openings throughout the existing market during the coming 18 months. Typical leases run five years with options. A vanilla shell is required. Preferred demographics include a population of 35,000 within five miles earning $60,000 to $70,000 as the average household income. For more information, contact Steve Frey, Factory Mattress, 8409 North Lamar, Austin, TX 78753; 512-834-6464, Fax 512-834-9455; Email: stephenaustinfrey@yahoo.com.
El Dorado Furniture Corp. trades as El Dorado Furniture at 12 locations throughout Dade, Broward and Palm Beach counties in FL. The stores, offering living room, dining room and bedroom furniture, as well as home décor and outdoor furniture, occupy spaces of up to 10,000 sq.ft. in freestanding locations, specialty and strip centers. Growth opportunities are sought throughout central and along the western coast of FL during the coming 18 months. For more information, contact Pedro Capo, El Dorado Furniture Corp., 4200 Northwest 167th Street, Miami, FL 33054; 305-624-9700, Fax 305-624-5379; Email: pedro@eldoradofurniture.com; Web site: www.eldoradofurniture.com.
Hammond Lumber Co. operates 12 locations throughout ME. The home improvement stores, offering building materials, occupy spaces of 25,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout York County in ME during the coming 18 months. Major competitors include Home Depot and Lowes Home Improvement. A land area of five to 20 acres is required. The company prefers to acquire sites. For more information, contact Michael Hammond, Hammond Lumber Co., PO Box 500 / 2 Hammond Drive, Belgrade, ME 04917; 207-495-3303, Fax 207-495-2304; Email: mhammond@hammondlumber.com; Web site: www.hammondlumber.com.
Ashley Furniture Industries, Inc. trades as Ashley Furniture HomeStore at 400 locations nationwide. The stores, offering living room, dining room and bedroom furniture, as well as home accents, occupy spaces of 35,000 sq.ft. in freestanding locations, inline spaces and endcaps of power centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Preferred cotenants include national and regional retailers. For more information, contact Gary Colby, Ashley Furniture Industries, Inc., 1 Ashley Way, Arcadia, WI 54612; 608-323-3377; Email: gcolby@ashleyfurniture.com; Web site: www.ashleyfurniture.com. (continued on page eight)
This issue contains information on: • Retailers operating 34,424 locations with plans to open 1,789 sites • Real estate valued in excess of $63 million to be bought, sold & financed • Leasing activity on over 2.2 million sq.ft. of retail properties s Postmaster: Periodical New nt a te rt di Impo se Expe Plea
new england retail connection southeast retail connection New Construction NewMark Merrill to redevelop project in CO............................. Pg. 4 Buyers & Sellers Brauvin Real Estate closes on triple-net deals............................ Pg. 5 Who’s Opening & Where Twin Peaks continues it growth path............................................ Pg. 6 Flip Flop Shops has 100 stores in its pipeline.................................. Pg. 6 Food Chains Expand Zinburger on a major push for new sites.................................... Pg. 7 Lead Sheet XSRE to expand nationwide........ Pg. 9 Blink Fitness to enter NJ.............. Pg. 11 Making The News SCG Retail adds to its landlord advisory group division.............. Pg. 13 Sources of Financing Cronheim Mortgage arranges $59 million in loans................... Pg. 13 Lease Signings Zell Commercial Real Estate Services brings supermarket to Mesa, AZ.................................... Pg. 13 Summit Realty inks deal Weis Markets in NJ.............................. Pg. 13 Exclusives Winick Realty reps New York Sports Club................................. Pg. 14 Space Place................................ Pg. 14