Reporting The Nation’s Weekly News on Retailing & Retail Real Estate
Volume XXVI No. X
March 11, 2011
Home-Related Chains Expand Nationwide Country Curtains Retail, Inc. trades as Country Curtains at 25 locations throughout CT, DE, IL, MA, MD, NH, NJ, NY, OH, RI, VA and VT. The stores, offering home furnishings, window treatments and related accessories, occupy spaces of 3,500 sq.ft. to 4,000 sq.ft. in freestanding locations, lifestyle centers and downtown areas. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run five years. A vanilla shell is required. Preferred demographics include a trade-area population earning $75,000 as the average household income. For more information, contact Marilyn Hansen, Country Curtains Retail, Inc., 705 Pleasant Street, Lee, MA 01238; 413-243-1474, Fax 413-2430616; Web site: www.countrycurtains.com. Kitchen Kapers, Inc. trades as Kitchen Kapers at 14 locations throughout DE, NJ and PA. The housewares stores occupy spaces of 2,500 sq.ft. to 4,000 sq.ft. in freestanding locations, malls and lifestyle, power and specialty centers, as well as urban/downtown areas. Growth opportunities are sought throughout NJ and PA during the coming 18 months. Typical leases run 10 years. Preferred cotenants include Ann Taylor, Banana Republic, Coldwater Creek and Talbots. For more information, contact Rick Kratchman, Kitchen Kapers, Inc., 1250 Marlkress Road, Cherry Hill, NJ 08003; 856-424-3400; Email: rick@kitchenkapers.com; Web site: www.kitchenkapers.com.
Mattress Warehouse operates more than 150 locations throughout DE, MD, NC, PA, VA, WV and Washington, DC. The stores, offering mattresses and related items, occupy spaces of 4,500 sq.ft. to 6,000 sq.ft. in various types of retail real estate. Growth opportunities are sought throughout Prince George’s County in MD and Annandale, Falls Church and Springfield, VA, as well as Washington, DC, during the coming 18 months, with representation by Renaud Consulting. Home Sweet Furniture operates one location in Kansas City, KS. The discount furniture store prefers to occupy spaces of 7,000 sq.ft. to 12,000 sq.ft. in lowerlevel, second-level and/or limited frontage locations. Growth opportunities are sought throughout northern VA during the coming 18 months, with representation by Renaud Consulting. The company prefers to locate at least three miles from Seven Corners Furniture Stores. For more information regarding Mattress Warehouse, contact Martin Flax or Jerry Taylor, Renaud Consulting, 8605 Westwood Center Drive, Suite 309, Vienna, VA 22182; 571-7654422/4428; Emails: mflax@renaudconsulting.net and jtaylor@renaudconsulting.net; Web sites: www.renaudconsulting.net and www.sleephappens.com. For more information regarding Home Sweet Furniture, contact Leonard Pick, 571-765-4424; Email: lpick@renaudconsulting.net; Web site: www.homesweetfurniture.com. (continued on page nine)
This issue contains information on:
* Retailers operating 17,724 locations with plans to open 2,558 sites * Real estate valued in excess of $37.3 million to be bought, sold & financed * Leasing activity on over 6.4 million sq.ft. of retail properties
Important News Please Expedite
Postmaster: Periodical
Featuring ICSC Conference on Open Air Centers and Southeast Retail Connection New Construction Vornado Realty Trust to expand Wayne Towne Center in Wayne, NJ......................... Pg. 3 Exclusives R.J. Brunelli & Co., Inc. represents retailers in NJ........ Pg. 4 Buyers and Sellers RCG Ventures, LLC acquired a 199,122 sq.ft. center in Raleigh, NC........................... Pg. 5 Openings Delhaize Group to open as many as 130 supermarkets worldwide this year............... Pg. 6 Food Retailers Expand Bob’s Big Boy expands in southeastern and southwestern markets............ Pg. 7 Lease Signings Centro Properties Group signed a lease with Walmart in Randallstown, MD............. Pg. 8 In the News Neil Grant and T. Patrick Murray form Grant-Murray Real Estate, LLC..................... Pg. 8 Sources of Financing CFO Capital Partners provides financing for anchored shopping centers................... Pg. 9 Lead Sheet JCPenney looks to expand nationwide............................ Pg. 12 Learning Express, Inc. seeking sites nationwide..................... Pg. 14 Space Place........................... Pg. 16
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