Reporting The Nation’s Weekly News on Retailing & Retail Real Estate
Volume XXIV No. X
March 13, 2009
Home-Related Chains Expand Nationwide Airbase Carpet & Tile operates 10 locations throughout DE and PA. The stores, offering carpet, tile, area rugs, and laminate, hardwood and vinyl flooring, occupy spaces of 25,000 sq.ft. to 50,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout Bucks, Delaware, Montgomery and Philadelphia counties, in addition to Exton, PA during the coming 18 months. A vanilla shell is required. Preferred demographics include a population of 150,000 within 40 miles earning $75,000 as the average household income. Major competitors include Home Depot and Lowe’s Home Improvement. For more information, contact Michael Longwill, Airbase Carpet & Tile, 230 North Dupont Highway, New Castle, DE 19720; 302-328-1597 Ext. 222, Fax 302-322-9151; Email: mlongwill@airbasecarpetandtile.com; Web site: www.carpetmart.com. Lowe’s Cos., Inc. trades as Lowe’s Home Improvement at 1,650 locations nationwide and throughout Canada. The home improvement centers occupy spaces of 118,000 sq.ft. to 160,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout MD and Washington, DC during the coming 18 months, with representation by Sax Realty, Inc. For more information, contact Les Sax, Sax Realty, Inc., 4912-A Del Ray Avenue, Bethesda, MD 20814; 240-497-1192, Fax 240-4971070; Email: lsax@saxrealty.com; Web site: www.saxrealty.com.
Schewel Furniture Co. trades as Schewel Furniture at 50 locations throughout NC, VA and WV. The stores, offering furniture, appliances and electronics, occupy spaces from 12,000 sq.ft. to 30,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 10 years. A vanilla shell is required. Preferred demographics include a population of 20,000 within a five-mile radius earning $20,000 as the average household income. Major competitors include Grand Home Furnishings. For more information, contact Marc Schewel, Schewel Furniture Co., PO Box 6120, Lynchburg, VA 24505; 434-522-0200, Fax 434-522-0207.
Buyers & Sellers NAI Commerce One is selling an 11.87-acre parcel in Chubbuck, ID........................ Pg. 3
The Home Depot, Inc. trades as The Home Depot at 2,200 locations nationwide, internationally and throughout Canada and internationally. The home improvement centers, offering building materials, appliances, electronics, tools, flooring, lighting and kitchen items, as well as outdoor products and furniture, occupy spaces of 100,000 sq.ft. to 120,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. For more information, contact Mike LaFerle, The Home Depot, Inc., 2455 Paces Ferry Road, Atlanta, GA 30339-4024; 770433-8211, Fax 770-384-2917; Web site: www.homedepot.com.
New Construction Forge Realty Services is preleasing a shopping center located in Tarpon Springs, FL Pg. 5
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This issue contains information on:
* Retailers operating 25,961 locations with plans to open 1,985 sites * Real estate valued in excess of $111.46 million to be bought, sold & financed * Leasing activity on over 5.146 million sq.ft. of retail properties
Important News Please Expedite
Featuring
West Paces Realty looks to acquire properties throughout Atlanta, GA........................... Pg. 6 Openings Wegmans Food Markets will open a supermarket in Abingdon, MD...................... Pg. 4 HuHot Mongolian Grill plans to open in Dubuque, IA......... Pg. 6
Sources of Financing Integrated Capital Options provides financing for singletenant projects nationwide..... Pg. 7 Exclusives NAI Capital represents a number of retailers with their expansion throughout southern CA.......................... Pg. 7 Food Retailers Expand Wienerschnitzel looks for sites throughout AZ, CA and NM................................. Pg. 8 Leadsheet Children of America looks for sites throughout IL................. Pg. 9
Postmaster: Periodical The Nutty Bavarian plans to expand nationwide................ Pg. 12 Space Place........................... Pg. 13
For more news go to: www.dealmakers.net
RETAIL OPPORTUNITIES IN
NORTH RIVERSIDE • ILLINOIS 237 TO 8,818 SF AVAILABLE
NORTH RIVERSIDE PARK MALL • 1.1 million SF super regional mall anchored by JCPenney, Sears and Carson Pirie Scott • Two-level, enclosed mall features 140 retail shops including The Gap, Starbucks, Old Navy, Forever 21, Victoria’s Secret, Express, KB Toys, Charlotte Russe, Steve & Barry’s, New York & Company, House of Hoops by Foot Locker and a 6-plex theater • Situated just 10 miles west of downtown Chicago • 5-mile radius: population 700,000; 377,375 under age 35; 270,000 households with $63,000 average HH income
Owner/Manager | Seven Penn Plaza, New York, NY 10001 504-835-8000 | feilorg.com Harvey Ahitow: hahitow@feilorg.com | Glen Wilson: gwilson@feilorg.com Nothing Beats 50 Years of Stability.
Buyers and Sellers NAI Commerce One is selling an 11.87-acre development site located at the intersection of Interstate 86 and Hawthorne Road in Chubbuck, ID. Area retail includes Chubbuck Crossroads, featuring JCPenney, Sears, ShopKo, Home Depot, Carmike Cinemas, Lowe’s Home Improvement and Wal*Mart Supercenter. Trade-area demographics include a population of 247,000. For more information, contact Brent Wilson, NAI Commerce One, 1000 Riverwalk Drive, Suite 375, 208-525-8088, Fax 208525-8188; Email: bwilson@nai-idaho.com; Web site: www.nai-idaho.com.
President/Publisher.............................. Ann O'Neal ann@dealmakers.net Vice President .................................. Alyson Parker alyson@dealmakers.net Art Director................................. Anthony Pingicer anthony@dealmakers.net Editor.................................................. Erin Dunkley erin@dealmakers.net Editor............................................ Nicholas Hamner nicks@dealmakers.net Editor............................................... Adam Taliercio adamt@dealmakers.net Advertising Exec...................... Monica Carpenter monica@dealmakers.net Director of Circulation..................... Jane Winterle jane@dealmakers.net Advertising Coordinator............ Stephani Hamner stephani@dealmakers.net Founder................................................... Ted Kraus 1979–2007
The Dealmakers TM (ISSN 1055-0771) is published weekly except for the weeks of January 1st, July 4th, the ICSC's Spring and Fall Conventions and December 25th for $294 per year U.S., foreign $319 by TKO Real Estate Advisory Group Inc. PO Box 2630 Mercerville, NJ 08690-0630. The Dealmakers TM reports on over 20,000 retailers, developers and management companies every year. It is written by real estate professionals for real estate professionals. The newsletter keeps readers abreast of the latest leasing, development and management changes occurring in the real estate industry on a weekly basis. NOTE: Current federal law requires written consent from a company prior to utilizing the published fax number. Share The Dealmakers TM with your organization or service for free. Just let us know when your next meeting is and we'll send you copies of our issue for free for your members to learn how to be a better dealmaker! POSTMASTER: Send address changes to The Dealmakers, PO Box 2630 Mercerville, NJ 08690-0630 or 100 Youngs Road, Mercerville, NJ 08619. Periodical postage paid at Trenton, NJ and at additional mailing offices. Affiliated with Tenant Search, E.S.P., Properties by Fax Copyright 2008 by TKO Real Estate Advisory Group Inc. 609-587-6200, fax 609-587-3511.
Grubb & Ellis|Sawyer Commercial is selling a leasehold interest in a 60,000 sq.ft. outparcel of Best Buy Center, located at the intersection of U.S. Highway 49 and Community Road in Gulfport, MS. Area demographics include a population of 142,952 within 10 miles earning $51,834 as the average household income. The average daily traffic count is 70,000 vehicles. The asking price is $995,000. The company is also selling a leasehold interest in a 54,233 sq.ft. former gas station located at the intersection of U.S. Highway 49 and Community Road in Gulfport, MS. Area demographics include a population of 71,125 within five miles earning $49,965 as the average household income. The average daily traffic count is 70,000 vehicles. The asking price is $1.2 million. For more information, contact Rita Sadler or Andy Sawyer, Grubb & Ellis|Sawyer Commercial, One Hancock Plaza, Suite 1013, Gulfport, MS 39501; 228314-5021, Fax 228-563-1068; Email: rsadler@sawyercommercial.com; Web site: www.sawyercommercial.com.
Metroscape Real Estate, Inc. is selling an 18,090 sq.ft. mixed-use development project situated on a land area of 60,387 sq.ft. at the intersection of Garden View Avenue, Firestone Boulevard and South Gate Avenue in South Gate, CA. Area demographics include a population of 247,940 within three miles earning $42,334 as the average household income. The average daily traffic count is 35,000 vehicles. The asking price is $5.65 million. The company is also selling development parcels of 0.82 acres and 10.1 acres located on West Highland Avenue in San Bernardino, CA. Area demographics include a population of 151,579 within three miles earning $47,393 as the average household income. The asking price for the 0.82-acre parcel is $645,000, and the asking price for the 10.1-acre parcel is $6.8 million. For more information, contact Armando Aguirre, Metroscape Real Estate, Inc., 606 East 8th Street, Suite 301, Los Angeles, CA 90014; 213-327-0666, Fax 213-327-0608; Email: aaguirre@metroscapere.com.
Upland Real Estate Group, Inc. sold an 8,500 sq.ft. Dollar Tree situated on 1.6 acres in Elk River, MN to a private investor as part of a 1031 transaction. The buyer acquired the site for $1.472 million with a Cap rate of 6.93%. The company also sold a 5,754 sq.ft. Lone Star Steakhouse situated on a land area of 59,826 sq.ft. in Springfield, MO to a private investor as part of a 1031 transaction. The buyer acquired the site for $1.934 million with a Cap rate of 8%. The tenant is bound to a 15-year NNN lease with 2% annual rent escalations. The company represented the sellers in the transactions. The company is also selling an Arby’s located on Highway 55 in Buffalo, MN. Area demographics include a population of 91,000 within five miles earning $130,950 as the average household income. The tenant is bound to a 15-year NNN lease with 1% annual rent escalations. The asking price is $1.3 million with a Cap rate of 7.75%. The company is also selling a Valvoline located on Factory Outlet Boulevard in Niagara Falls, NY. Area retail includes Fashion Outlets of Niagara Falls USA, featuring Coach, Off Fifth Saks 5th Ave., Burberry and Polo Ralph Lauren. The tenant is bound to a 15-year NNN lease with 1.5% annual rent escalations. The asking price is $1.135 million with a Cap rate of 9%. For more information, contact Keith A. Sturm or Deborah K. Vannelli, Upland Real Estate Group, Inc., 90 South Seventh Street, Suite 3800, Minneapolis, MN 55402-3903; 612-332-6600 or 612-3764475; Email: deb@upland.com; Web site: www.nnnsales.com.
Goodman Real Estate Services Group, LLC negotiated the sale of a 21-acre parcel in Lighthouse Village, a 450,000 sq.ft. power center located at the intersection of State Route 58/Leavitt Road and Jaeger Road in Lorain, OH. Wal*Mart Stores, Inc. acquired the parcel and plans to construct a Wal*Mart Supercenter at the site. The company represented the seller in the transaction. For more information, contact Steve Altemare, Goodman Real Estate Services Group, LLC; 216-381-8200; Web site: www.goodmanrealestate.com.
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Garrison Group, Inc. is selling a 3,450 sq.ft. former Wendy’s site located on Clearlake Avenue in Springfield, IL. Area retail includes McDonald’s, Arby’s, Starbucks, Walgreens and Kmart. Area draws include Abraham Lincoln Presidential Library & Museum. For more information, contact Roger D. Garrison, Garrison Group, Inc., 1999 Wabash Avenue, Suite 202, Springfield, IL 62704; 217-241-0202, Fax 217-241-4202; Email: roger@garrisongroupinc.com. HUNT Commercial Real Estate Corp. is selling a 37.5-acre mixed-use development site located at the intersection of Route 91 and Interstate 90 in Liverpool, NY. The asking price is $3.3 million. For more information, contact Craig Klausen, HUNT Commercial Real Estate Corp., 403 Main Street, Suite 105, Buffalo, NY 14203; 716-880-1912; Email: cklausen@huntcommercial.com.
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Who’s Opening and Where Darden Restaurants, Inc. (407-245-4500) is slated to open 70 locations this year. The company operates approximately 1,700 restaurants, including Red Lobster seafood restaurants, Olive Garden Italian restaurants, LongHorn Steakhouse, The Capital Grille steakhouses, Bahama Breeze island grills and Seasons 52 fresh grill restaurants. Aldi, Inc. (630-879-8100) is slated to open a 17,000 sq.ft. Aldi supermarket along Northeast 49th Court Road in Ocala, FL during the fall. The company currently operates a location along Southwest 19th Avenue Road in the city, and plans to open 11 locations throughout FL this year as part of a plan to open 75 locations nationwide. The company will also open a 17,000 sq.ft. store on a threeacre parcel located along Whiskey Road in Aiken, SC later this month. Trader Joe’s Co. (626-599-3700) will open two Trader Joe’s locations in WA this year, including a 12,500 sq.ft. store located in a former The Good Guys site along Black Lake Boulevard in Olympia and a store in Ballard. The company currently operates 300 of the EXP_AD_5023_dealmaker1208.qxd:Layout neighborhood grocery stores nationwide throughout 25 states.
Nordstrom, Inc. (206-628-2111) plans to open a Nordstrom Rack location at Lakewood Centre, a shopping center located in Lakewood, CA, during the fall of 2010. The 33,400 sq.ft. store will offer apparel and accessories for men, women and children at discounts from 30% to 70%. The opening will be the company’s 14th in the Los Angeles/ Orange County area. The company is also planning to open two Nordstrom locations, including a replacement store at Los Cerritos Centre in Cerritos, CA during the spring of 2010. JCPenney Co., Inc. (972-431-1000) will open a freestanding JCPenney store at Hancock Village, a 500,000 sq.ft. center located along Hull Street Road in Chesterfield, VA, during 2010. The company recently opened a freestanding location at The Shops at White Oak Village in Henrico, VA earlier this month. Fossil, Inc. (972-234-2525) plans to open 40 to 50 branded and outlet Fossil stores this year, including four or five openings in the U.S. The company currently operates 191 1 12/10/08 9:32 AM Page 1 stores internationally, and opened 84 stores while closing four during 2008.
Wegmans Food Markets, Inc. (585-3282550) plans to open a Wegmans supermarket as an anchor to a 350,000 sq.ft. mixed-use development located at the intersection of Emmorton Road and Woodsdale Road in Abingdon, MD, as part of the company’s plans to open two to three new stores annually. The gourmet supermarkets occupy spaces of 120,000 sq.ft. to 140,000 sq.ft. and feature European-style cafes, sushi stands and patisseries. The opening is one of six stores in MD planned by the company, which is constructing stores in Crofton and Landover and is in the approvals phase for sites in Columbia, Frederick and Germantown. Wal*Mart Stores, Inc. (479-273-4000) is slated to open a Wal*Mart Supercenter location at Hancock Village, a 500,000 sq.ft. shopping center located along Hull Street Road in Chesterfield, VA, during August. The tenant will anchor the center and joins LongHorn Steakhouse. Bed Bath & Beyond, Qdoba Mexican Grill, Mattress Warehouse, Starbucks, Jersey Mike’s and Osaka Sushi & Steak are slated to open locations during the summer of this year and the spring of 2010. (continued on page six)
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New Construction Pacific Retail Partners is preleasing a shopping center located at the intersection of California Avenue and Spring Street in Signal Hill, CA. Spaces from 800 sq.ft. to 30,247 sq.ft. are available. Area retail includes Home Depot. Area demographics include a population of 307,792 within a three-mile radius earning an average household income of $51,350. The average daily traffic count is 34,740 vehicles. The company is also preleasing an 8.4-acre project located at the intersection of Alta Vista Street and Rose Drive in Placentia, CA. Fresh & Easy Neighborhood Market anchors the center and area retail includes Ralph’s, Blockbuster Video, Score, AT&T Mobility, Banco Popular, HomeTown Buffet, GNC, The UPS Store, Union Bank of California, Juice It Up, Carl’s Jr. and Kindercare. Area demographics include a population of 138,158 within a three-mile radius earning an average household income of $82,046. The average daily traffic count is 36,000 vehicles. The company is also preleasing a shopping center located at the intersection of Pomona Rincon Road and Soquel Canyon Parkway in Chino Hills, CA. Fresh & Easy Neighborhood Market anchors the center and area retail includes Sav-on, Albertsons, McDonald’s, Firestone, Rite Aid, Subway, Fantastic Sams and Wells Fargo. Area demographics include a population of 70,237 within a five-mile radius earning an average household income of $92,139. The average daily traffic count is 78,875 vehicles. For more information regarding the Signal Hill property, contact Brendan Cavanaugh, Pacific Retail Properties, 911 Studebaker Road, Suite 205, Long Beach, CA 90815; 562-431-8734 Ext. 123; Email: bcavanaugh@pacret.com; Web site: www.pacret.com. For more information regarding the Placentia and Chino Hills properties, contact Annika Riphagen; 562-431-8734 Ext. 114; Email: ariphagen@pacret.com. Armstrong Development Properties, Inc. is developing a 14-acre mixed-use center located at the intersection of Chandler Boulevard and Dobson Road in Chandler, AZ. The project includes residential, office and retail components. Area retail includes Whole Foods Market, Best Buy, Bed Bath & Beyond, Costco, Target, Lowe’s Home Improvement, Safeway, Staples, Home Depot, Chandler Festival, featuring Nordstrom Rack, Ross Dress for Less, T.J. Maxx, PetSmart and OfficeMax; Chandler Gateway, featuring The Great Indoors, and Chandler Fashion Center, featuring Nordstrom, Barnes & Noble, Banana Republic, Harkins Theatres, Gap, Sears and The Cheesecake Factory. Area demographics include a population of
304,314 within a five-mile radius earning an average household income of $86,018. The average daily traffic count is 149,900 vehicles. The company is also preleasing Unser Crossing, a 460,000 sq.ft. shopping center located at the intersection of Central Avenue and Unser Boulevard in Albuquerque, NM. Shop spaces are available along with a pad site. Lowe’s Home Improvement anchors the center and cotenants include Defined Fitness, Staples and CVS. Area demographics include a population of 127,272 within a five-mile radius earning an average household income of $50,227. For more information regarding the Chandler property, contact Martin Hedstrom, Armstrong Development Properties, Inc., 1500 North Priest Drive, Suite 150E, Tempe, AZ 85281; 602-385-4100, Fax 602-3854101; Email: mhedstrom@agoc.com; Web site: www.armstrongdev.com. For more information regarding the Albuquerque property, contact SG Ellison; Email: sgellison@agoc.com. Spire Commercial Group is preleasing Diamond Mountain Shopping Center, a 100,000 sq.ft. strip center situated on 10 acres along West Highway 40 in Vernal, UT. A 72,000 sq.ft. space is available along with outlots of 32,670 sq.ft. and 52,272 sq.ft. Cotenants include Beall’s and Alltel. The average daily traffic count is 28,895 vehicles. The asking rent is $18 psf to $22 psf. For more information, contact James Webster, Spire Commercial Group, 1 East Center Street, Suite 300, Provo, UT 84606; 801-358-0593, Fax 801-655-0729; Email: webster@spirecommercial.com. Forge Realty Services is preleasing Meres Town Center, a 78,567 sq.ft. mixeduse center situated on 6.53 acres at the intersection of U.S. Highway Alternate 19/ Pinellas Avenue and Meres Boulevard in Tarpon Springs, FL. Spaces of 1,200 sq.ft.; 1,390 sq.ft. and 2,900 sq.ft. are available. Sweetbay Grocery anchors the center and Regions Bank occupies an outlot. Area demographics include a population of 107,442 within a five-mile radius earning an average household income of $74,338. The average daily traffic count is 22,000 vehicles. The asking rent is $25 psf NNN. The center is scheduled to break ground this month and is slated to open during November. For more information, contact Alexandra Self, Forge Realty Services, 102 West Whiting Street, Suite 600, Tampa, FL 33602; 813-574-6764, Fax 813-574-6771; Emails: aself@forgecapitalpartners.com and leasing@forgecapitalpartners.com; Web site: www.forgecapitalpartners.com. www.dealmakers.net
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PoggiCo Development, LLC is preleasing Cotton Marketplace, a 25,000 sq.ft. strip center situated on a 2.5 acre outlot of a 500,000 sq.ft. power center located at the intersection of Interstate 94 and 23 Mile Road in Chesterfield Township, MI. Area retail includes JCPenney, Lowe’s Home Improvement, Old Navy, Best Buy, Dick’s Sporting Goods and T.J. Maxx. Area demographics include a population of 92,596 within a five-mile radius earning an average household income of $76,436. The average daily traffic count is 20,000 vehicles. The asking rent is $18 psf with CAM of $3.50 psf. The center is scheduled to break ground during August and is slated to open during February 2010. For more information, contact Stefanie Foumia, PoggiCo Development, LLC, 261 East Maple Road, Birmingham, MI 48009; 248-433-0331, Fax 248-203-2627; Email: poggicodevelopment@gmail.com. Metrovation Brokerage is redeveloping Rockridge Shopping Center, located at the intersection of Broadway and Pleasant Valley Avenue in Oakland, CA. Spaces of 6,749 sq.ft.; 14,159 sq.ft.; 14,820 sq.ft.; 14,985 sq.ft.; 18,000 sq.ft.; 24,374 sq.ft.; 36,892 sq.ft. and 37,076 sq.ft. are available along with two spaces each of 12,501 sq.ft. and 13,200 sq.ft. Safeway anchors the center. Area retail includes Whole Foods Market, Grocery Outlet, Walgreens, Trader Joe’s and Pharmaco. Area demographics include a population of 464,378 within a five-mile radius earning an average household income of $74,989. For more information, contact Christine Firstenberg, Metrovation Brokerage; 510-839-4000 Ext. 240; Email: cfirstenberg@metrovation.com. Westland is preleasing Downey Gateway, a 25,000 sq.ft. shopping center located along Firestone Boulevard in Downey, CA. Spaces from 1,000 sq.ft. to 12,000 sq.ft. are available. Area retail includes Bank of America, U.S. Bank, Krikorian Metroplex, Banco Popular, H&R Block, Fresh & Easy Neighborhood Market, Sansai, CVS, WaMu, Panda Express, Chipotle, Togo’s, Boston Market, Ralph’s, Carl’s Jr., Walgreens, Big Lots, Fallas Paredes, JCPenney, Sears, Starbucks, Macy’s, Citibank, Olive Garden, Wachovia Bank and Acapulco. Area demographics include a population of 280,139 within a three-mile radius earning an average household income of $66,242. For more information, contact Manny Bukkiet, Westland, 6665 Long Beach Boulevard, Long Beach, CA 90805; 310-639-7130 Ext. 304; Email: mb@westlandindustries.com; Web site: www.westlandindustries.com. DM
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Buyers and Sellers (continued from page three)
Century 21 Mizrahi Realty is selling a mixeduse property located at the intersection of Flatbush Avenue and Parkside Avenue in Brooklyn, NY. The asking price is $2 million. For more information, contact Samuel I. Mizrahi, Century 21 Mizrahi Realty; 718998-5700. WP Realty, Inc. is seeking to acquire openair and enclosed shopping centers located throughout the East Coast from New England through the Mid-Atlantic states. Suitable properties have GLAs above 100,000 sq.ft. and occupancy rates below 85%. The company also sold San Souci Plaza, a 264,199 sq.ft. center located at the intersection of Route 235 and MacArthur Boulevard in California, MD. Cedar Shopping Centers, Inc. acquired the property. Shoppers Food Warehouse anchors the center and tenants include Marshalls, JoAnn Fabrics, Maximum Health and Fitness, Dollar Tree and Fashion Bug. For more information regarding acquisitions, contact Jeffrey Hoffman, WP Realty, Inc., 940 Haverford Road, Bryn Mawr, PA 19010; 610552-6072, Fax 484-381-5801; Email: jhoffman@wprealty.com; Web site: www.wprealty.com. For more information regarding the MD property, contact Cathy Pritchard; 610-5526040, Fax 610-552-6065; Email: cpritchard@wprealty.com. Anchor Commercial|CORFAC International is selling a 14,820 sq.ft. Walgreens situated on 1.86 acres at the intersection of Rabon Road and Two Notch Road in Columbia, SC. The property is currently under construction and slated to open during April. The NOI is $456,000. The asking price is $6.561 million with a Cap rate of 6.95%. For more information, contact Reid David or Taylor Senter, Anchor Commercial|CORFAC International, 126 Seven Farms Drive, Suite 110, Charleston, SC 29492; 843-576-0568; Email: taylor@anchorcommercial.net; Web site: www.anchorcommercial.net. Wallender Commercial Real Estate, Inc. is selling a 25,000 sq.ft. former Silo Electronic Super Store site situated on 1.6 acres on South East Street in San Bernardino, CA. Area retail includes Landeros Furniture, Inland Center Mall, Target Center and Men’s Wearhouse. The asking price is $2.399 million. For more information, contact Roger Thompson, Wallender Commercial Real Estate, Inc., 826 Brookside Avenue, Redlands, CA 92373; 909-792-3550, Fax 909-7920770; Email: 1031roger@email.com. page 6
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Who’s Opening and Where New England Retail Properties, Inc. negotiated the sale of Goff Brook Shoppes, a 71,493 sq.ft. center located on Silas Deane Highway in Wethersfield, CT. Tenants include Office Depot, Hometown Buffet, Supercuts, HFC, Catherines Plus and Ace Beauty Supply. Goff Brook Real Estate, LLC acquired the property from Centro Properties for $6.8 million. The company represented the buyer and Sperry Van Ness represented the seller. For more information, contact Matt Halprin, New England Retail Properties, Inc., 150 Hartford Avenue, Wethersfield, CT 06109; 860-529-9000, Fax 860-563-9667; Email: halprinm@newenglandretail.com; Web site: www.newenglandretail.com. Weichert Commercial Brokerage, Inc. is selling a 4,000 sq.ft. freestanding building situated on a land area of 0.9 acres on Spring Street in Newton, NJ. The asking price is $350,000. The company is also selling a 3,497 sq.ft. mixed-use building located on Washington Avenue in Belleville, NJ. The building is 100% occupied. The asking price is $419,000. For more information regarding the Newton property, contact James M. Spada, Weichert Commercial Brokerage, Inc., 225 Littleton Road, Morris Plains, NJ 07950; 973-267-7778, Fax 973-267-5432; Email: jspada@weichertcommercial.com; Web site: www.weichertcommercial.com. For more information regarding the Belleville property, contact Marge Lapadura; Email: mlapadura@weichertcommercial.com.
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Best Buy Co. (612-291-1000) will open a Best Buy location in a former Paul Stuart site at John Hancock Center, located along North Michigan Avenue in Chicago, IL. The company also plans to open a Magnolia Audio Video store within an existing Best Buy location in the Chicago, IL metropolitan area. The company recently announced the closing of seven freestanding Magnolia locations along the West Coast. HuHot Mongolian Grills, LLC (406-2514303) is slated to open a 5,100 sq.ft. HuHot Mongolian Grill at Kennedy Mall, located in Dubuque, IA. The restaurant, serving custom combination grilled dishes featuring fresh meats, vegetables, noodles and sauces, will open during the fall. Verizon Wireless, Yankee Candle Co., Domes and Sugar Ray’s BBQ are slated to open at the shopping center during April. Leap Wireless International, Inc. (858-8826000) is slated to open Cricket locations nationwide, including six franchise locations during the next six months throughout northwest IN, as part of a plan to open 1,100 stores nationwide. The stores feature mobile phones and month-to-month mobile phone plans that do not require a contract or credit check. The company recently opened stores in Hobart, Portage, Valparaiso and Westfield, IN.
West Paces Realty, on behalf of a client, looks to acquire single-tenant properties throughout the Atlanta, GA metropolitan area. Suitable properties are priced below $2 million and feature tenants bound to a 10year NNN lease with rent escalations in the initial term. For more information, contact Jennifer Dunn, West Paces Realty, 5555 Glenridge Connector, Atlanta, GA 30342; 404380-1086, Fax 678-935-0945; Email: jennifer.dunn@westpacesrealty.com.
Campero International S.A. (502-233-7233), through franchisee Emerging Restaurants Group, LLC, is slated to open a Pollo Campero restaurant within a 14-acre development located at the intersection of Stapley Road and Southern Avenue in Mesa, AZ later this year, as part of a plan to open 20 locations during the next ten years throughout the Phoenix, AZ metropolitan area. The company opened its first restaurant in the area during January, at the intersection of 75th Avenue and Thomas Road. The restaurants, serving Guatemalan fried chicken, occupy spaces of 3,000 sq.ft. with a drive-thru.
Continental Real Estate Cos. negotiated the sale of a 7,200 sq.ft. freestanding building situated on 0.5 acres in Hollywood, FL. The company represented the seller, SCI Management, LP in the transaction. The property was sold for $1.5 million. For more information, contact Charles Anderson or Harry Blyden, Continental Real Estate Cos., 2121 Ponce de Leon Boulevard, Suite 1250, Coral Gables, FL 33134; 305854-7342, Fax 305-858-6239; Web site: D M www.crec.com.
Topshop (UK: +44-20-7636-8040) is slated to open a 30,000 sq.ft., three-level flagship store located along Broadway in the SoHo area of New York, NY during April. The store, featuring fashion apparel for men and women, was originally scheduled to open during the fall of 2008 but the date was pushed back due to construction delays. The New York store marks the company’s entrance into the U.S. market, with additional openings envisioned in Los Angeles, CA; Miami, FL; Boston, MA D and Las Vegas, NV. M
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Exclusives and Leasing Assignments
Sources of Financing Integrated Capital Options, LLC provides financing in amounts up to $5 million for single tenant projects nationwide. For more information, contact Integrated Capital Options, LLC, 1907 East Wayzata Boulevard, Suite 145, Wayzata, MN 55391; 952-9053286; Email: mhaden@icoptions.com; Web site: www.icoptions.com. CFO Capital Partners provides financing for income properties located in major metropolitan areas nationwide. Financing is available in amounts ranging from $100,000 to $3 million for terms of three, five, seven and ten years at interest rates ranging from 7.25% to 9.75%. The maximum loan-to-value ratio is 65%. The company also provides financing for mixed-use properties located in select markets nationwide. Financing is available in amounts ranging from $500,000 to $5 million for terms of three, five, seven, ten and thirty years at interest rates ranging from 4.75% to 8.75%. The maximum loanto-value ratio is 80%. For more information, contact Linda Shea or Paul Sheldon, CFO Capital Partners, 437 FoxTract Road, First Floor, Bridgeport, NY 13030; 315-307-8594, Fax 775-248-6603; Emails: linda@cfocapitalpartners.com and psheldon@cfocapitalpartners.com; Web site: www.cfocapitalpartners.com.
Epsteen & Associates (310-451-8171) represents the following retailers with their expansion plans throughout southern CA: Farmacia Remedios, throughout Los Angeles and Orange counties, seeking spaces of 4,000 sq.ft. to 5,000 sq.ft.; Antiqua, utilizing spaces of 1,000 sq.ft. to 1,200 sq.ft.; Alfred Angelo Bridal, seeking sites of 4,000 sq.ft. to 5,000 sq.ft.; Loteria, seeking sites of 2,000 sq.ft. to 4,000 sq.ft.; Potbelly Sandwich Works, utilizing spaces of 1,800 sq.ft. to 3,000 sq.ft.; Buddha’s Belly, seeking sites of 4,000 sq.ft.; The Habit, seeking spaces of 1,500 sq.ft. to 2,000 sq.ft.; Yoga Works, seeking spaces of 7,500 sq.ft. to 15,000 sq.ft.; General Discount, utilizing spaces of 16,000 sq.ft. to 30,000 sq.ft.; The City Bakery, throughout Los Angeles and Orange counties, seeking sites of 800 sq.ft. to 3,500 sq.ft.; Fresca’s, seeking sites of 1,700 sq.ft. to 2,500 sq.ft.; Birdbath, throughout Los Angeles and Orange counties, seeking spaces of 800 sq.ft. to 3,500 sq.ft.; Sonic DriveIn, seeking spaces situated on a land area of 35,000 sq.ft. to 40,000 sq.ft.; Games Workshop, seeking sites of 900 sq.ft. to 1,500 sq.ft.; Bath & Body Works, seeking
sites of 2,500 sq.ft. to 3,500 sq.ft.; boom noodle, throughout Los Angeles and Orange counties, seeking spaces of 4,000 sq.ft.; C2 Educational Centers, seeking spaces of 1,400 sq.ft. to 1,700 sq.ft., and La Monarca Bakery, seeking sites of 1,500 sq.ft. to 2,000 sq.ft. NAI Capital (818-905-2400) represents the following retailers with their expansion plans throughout CA: Nubi, throughout Los Angeles and Orange counties, seeking spaces of 1,200 sq.ft. in endcap spaces in entertainment and power centers; Jack in the Box, throughout Los Angeles and Ventura counties, utilizing spaces of 2,000 sq.ft. to 3,500 sq.ft.; Stonefire Grill, throughout southern CA, utilizing spaces of 5,500 sq.ft. in freestanding buildings or endcap spaces in entertainment and power centers; Roy’s, seeking spaces of 6,500 sq.ft.; John’s Incredible Pizza Co., seeking spaces of 50,000 sq.ft. with area demographics including a population of one million within 10 miles, and Mountain View, throughout southern CA, seeking sites of 4,500 sq.ft. to 5,500 sq.ft. in pad sites. DM
Maddox Financial Solutions provides financing for commercial properties and raw land nationwide. Loans are available in amounts ranging from $250,000 to $50 million for terms of one to three years at interest rates above 11%. The maximum loan-to-value ratio is 75%. For more information, contact Maddox Financial Solutions; 888945-7779; Fax 866-786-5695; Email: valonmaddox@gmail.com; Web site: www.commercialfinancingonline.us. Pacshores Mortgage, Inc. provides financing for commercial and mixed-use centers located throughout CA. Loans are available in amounts ranging from $50,000 to $4 million at interest rates above 9.99%. The maximum loan-to-value ratio is 65%. For more information, contact Pacshores Mortgage, Inc.; 800-400-0000, Fax 866-715D M 7155; Email: aj.pshores@gmail.com.
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Food Retailers Expand Nationwide Darden Restaurants, Inc. trades as Bahama Breeze at 23 locations nationwide. The restaurants, offering Caribbean cuisine, occupy spaces of 8,000 sq.ft. to 8,600 sq.ft. in endcaps, freestanding locations and power and strip centers. Plans call for one to two openings throughout major metropolitan markets nationwide during the coming 18 months. The company also trades as Longhorn Steakhouse at 314 locations throughout the eastern, southeastern, midwestern and southwestern regions. The casual dining steakhouse restaurants prefer to locate in endcaps, freestanding locations and power and strip centers. A land area of 1.5 acres is required for freestanding locations. Growth opportunities are sought east of the Mississippi River and throughout the southwestern region during the coming 18 months. The company also trades as Olive Garden at 670 locations nationwide. The casual dining Italian restaurants occupy spaces of 6,000 sq.ft. to 8,000 sq.ft. in freestanding locations, endcaps and power and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run 10 years with four, five-year options. Preferred cotenants include Barnes & Noble, Borders and Target. Preferred demographics include a population of 200,000 within 15 miles earning $40,000 as the average household income. The company also trades as Red Lobster at 684 locations nationwide. The casual dining seafood restaurants occupy spaces of 6,000 sq.ft. to 7,500 sq.ft. in freestanding locations, malls and power centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run 10 years with four, five-year options. Preferred cotenants include Target. Preferred demographics include a population of 200,000 within 15 miles earning $40,000 as the average household income. For more information, contact John Doshna, Darden Restaurants, Inc., 5900 Lake Ellenor Drive, Orlando, FL 32809; 407245-4000, Fax 407-245-5627; Web site: www.dardenrestaurants.com. Casual Restaurant Concepts, Inc. trades as Applebee’s at 100 locations throughout FL. The casual dining restaurants occupy spaces of 5,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing market during the coming 18 months. A land area of 1.5 acres is required. For more information, contact Steve Brown, Casual Restaurant Concepts, Inc., 205 South Hoover Boulevard, Suite 402, Tampa, FL 33609; 813-286-2006, Fax 813-289-2950. page 8
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Greenberry’s Coffee and Tea Co. operates 13 locations throughout NC, NJ, VA and Washington, DC. The coffee shops occupy spaces of 1,500 sq.ft. in freestanding locations, downtown areas, endcaps, neighborhood strip centers and power centers. Growth opportunities are sought throughout northern NJ during the coming 18 months, with representation by Schuckman Realty, Inc. Moe’s Southwest Grill operates 400 locations nationwide. The restaurants, offering burritos, tacos, quesadillas and salads, occupy spaces of 2,000 sq.ft. to 3,000 sq.ft. in endcaps and entertainment, lifestyle, power and strip centers, as well as urban/downtown areas. Growth opportunities are sought throughout northern NJ and Long Island, Westchester and the five boroughs of New York, NY during the coming 18 months, with representation by Schuckman Realty, Inc. For more information, contact Ari Malul, Schuckman Realty, Inc., 7600 Jericho Turnpike, Woodbury, NY 11797; 516496-8888, Fax 516-496-8905; Email: arim@schuckmanrealty.com; Web site: www.schuckmanrealty.com. Jerry’s Systems, Inc. trades as Jerry’s Subs & Pizza at 100 locations throughout DE, MD, PA and VA. The sandwich shops occupy spaces of 1,500 sq.ft. to 2,500 sq.ft. in strip centers. Growth opportunities are sought throughout MD, VA and Washington, DC during the coming 18 months. Typical leases run 10 years with two, five-year options. A vanilla shell and specific improvements are required. Preferred cotenants include Blockbuster Video, Giant, Home Depot and Safeway. The company is franchising. For more information, contact Jay Ryan, Jerry’s Systems, Inc., 15942 Shady Grove Road, Gaithersburg, MD 20877-1315; 301921-8777 Ext. 190, Fax 301-948-3508; Web site: www.jerrys-subs.com. Port of Subs, Inc. trades as Port of Subs at 140 locations throughout AZ, CA, ID, NV, OR, UT and WA. The sandwich shops occupy spaces of 1,600 sq.ft. to 1,800 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run five years with options. Preferred demographics include a population of 15,000 within one mile earning $40,000 as the average household income. For more information, contact Director of Real Estate, Port of Subs, Inc., 5365 Mae Anne Avenue, Suite A-29, Reno, NV 89523; 775-747-0555, Fax 775-747-1510; Web site: www.portofsubs.com.
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Max Burgers operates three locations throughout Fairfield, CT and Manhattan, NY. The restaurants occupy spaces of 2,000 sq.ft. to 3,000 sq.ft. in freestanding locations, endcaps, inline spaces and regional malls. Growth opportunities are sought throughout Fairfield, CT and Westchester, NY during the coming 18 months, with representation by Great American Brokerage. For more information, contact Paul Fetscher, Great American Brokerage, 100 West Park Avenue, Suite 309, Long Beach, NY 11561; 516-889-7200, Fax 516-8895113; Email: gtamerican@aol.com; Web site: www.restaurantexpert.com. Dairy Queen of Virginia, Inc. trades as Dairy Queen at 119 locations throughout VA. The ice cream shops occupy spaces of 2,700 sq.ft. in endcaps and freestanding locations. Growth opportunities are sought throughout the existing market during the coming 18 months. For more information, contact Mark P. Dunham, Dairy Queen of Virginia, Inc., 12020 Wyndham Lake Drive, Glen Allen, VA 23059; 804-364-3006, Fax 804-3642346; Email: dqva1@aol.com. Dog-N-Shake, Inc. trades as Dog-N-Shake at six locations throughout KS. The restaurants, offering hot dogs, hamburgers, specialty sandwiches, shakes and malts, occupy spaces of 1,500 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 Vicky Adamson, Dog-N-Shake, Inc., 817 South Oliver Street, Wichita, KS 67218; 316-6813072; Email: corporate@dognshake.com; Web site: www.dognshake.com. Galardi Group, Inc. trades as Wienerschnitzel at 350 locations throughout AZ, CA, NM, NV and TX. The hot dog shops occupy spaces of 2,000 sq.ft. in power centers and endcaps with a drive-thru. Growth opportunities are sought throughout AZ, CA and NM during the coming 18 months. Typical leases run 10 years with options. Preferred cotenants include Home Depot and Wal*Mart. Preferred demographics include a population of 25,000 within two miles. Major competitors include Sonic Drive-In. The company is franchising. For more information, contact Lou Boemia, Galardi Group, Inc., 7700 Irvine Center Drive, Suite 550, Irvine, CA 92618; 949-892-2639, Fax 949-892-2615; Web site: www.wienerschnitzel.com. DM
Lead Sheet Grease Monkey International dba Grease Monkey Mike Brunetti 7100 East Belleview Avenue, Suite 305 Greenwood Village, CO 80111 303-308-1660, Fax 303-308-5906 Email: franchiseinfo@greasemonkeyintl.com Web sites: www.greasemonkeyintl.com and www.greasemonkeyshine.com
Automotive The 254-unit chain operates locations nationwide and throughout Mexico. The quick-lube centers occupy spaces of 2,300 sq.ft. in freestanding locations. Plans call for 20 openings throughout the existing markets during the coming 18 months. A land area of 0.5 to 1.5 acres is required. Typical leases run 20 years with 20-year options. The company prefers to locate in grocery-anchored centers. Major competitors include Jiffy Lube and Valvoline. The company is franchising.
Books-A-Million Craig Wielansky or Jay Cohen c/o L3 Corp. 12655 Olive Boulevard, Suite 220 St. Louis, MO 63141 314-469-7400 Web sites: www.booksamillion.com and www.l3corp.net
Books The 200-unit chain operates locations throughout AL, AR, FL, GA, IL, IN, KS, KY, LA, MD, MO, NC, NE, OH, OK, SC, TN, TX, VA, WV and Washington, DC. The book stores, featuring books, magazines, collectible supplies, card and gift departments along with a café, occupy spaces of 15,500 sq.ft. in lifestyle and power centers. Growth opportunities are sought throughout central and southern IL and MO during the coming 18 months, with representation by L3 Corp.
Children of America Andrew Watson or Jordan Shtulman c/o Baum Realty 1030 West Chicago Avenue, Suite 300 Chicago, IL 60622 312-275-3139/3116 Email: andrew@baumrealty.com Web site: www.childrenofamerica.com
Child Care The 25-unit chain operates locations throughout IL, PA and VA. The educational child care centers occupy spaces of 8,500 sq.ft. to 10,000 sq.ft. in freestanding locations and inline spaces. Plans call for 10 to 15 openings throughout suburban areas of IL during the coming 18 months, with representation by Baum Realty. Preferred demographics include a population earning $60,000 within three miles.
Sally Beauty Supply Jared Davis c/o Present Value Properties, Inc. 1590 North Batavia Street, Suite 2 Orange, CA 92867 714-464-3000, Fax 714-464-3015 Email: jdavis@pvpinc.com Web site: www.pvpinc.com
Cosmetics The 3,500-unit chain operates locations nationwide and internationally. The beauty supply stores, offering professional hair, nail and skin care products, occupy spaces of 1,200 sq.ft. to 1,500 sq.ft. in power and strip centers. Growth opportunities are sought throughout southern CA during the next 18 months, with representation by Present Value Properties, Inc. Preferred cotenants include Target and Wal*Mart. Current expansion is franchise-driven.
Burke Cleaners, LLC dba Burke Cleaners Mark Burke 5635 Boeing Drive Loveland, CO 80538-8811 970-203-9600 Ext. 4, Fax 970-669-9226 Web site: www.burkecleaners.com
Dry Cleaners The nine-unit chain operates locations throughout northern CO. The dry cleaners occupy spaces of 1,000 sq.ft. to 1,200 sq.ft. in strip centers. Plans call for two to three openings throughout Greely, Longmont and North Denver, CO during the next 18 months. Typical leases run five years with options. A vanilla shell and specific improvements are required. The company prefers to located in grocery-anchored centers. The company prefers sites with a drive-thru.
Children’s Learning Adventure Jason Gordon or Lee Ann Rosenblum c/o Epsteen & Associates 1429 4th Street Santa Monica, CA 90401 310-451-8171, Fax 310-395-6361 Email: jgordon@epsteen.com and lrosenblum@epsteen.com
Educational The 27-unit chain operates locations throughout AZ, CO, NV and TX. The children’s daycare and preschool facility occupy spaces of 25,000 sq.ft. in freestanding locations and neighborhood centers. Growth opportunities are sought throughout Orange County and the Inland Empire area of CA during the coming 18 months, with representation by Epsteen & Associates. The company prefers to acquire sites.
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Lead Sheet GameStop Sharon Carmichael c/o Terranomics Retail Services 1350 Bayshore Highway, Suite 900 Burlingame, CA 94010 408-200-8811 Email: scarmichael@terranomics.com Web site: www.terranomics.com
Electronics The 6,100-unit chain operates locations nationwide and internationally. The stores, offering video games, consoles and accessories, occupy spaces of 1,200 sq.ft. to 1,600 sq.ft. in entertainment, lifestyle and power centers. Plans call for six to 12 openings throughout the San Francisco Bay area in CA during the coming 18 months, with representation by Terranomics Retail Services. Typical leases run five years. Preferred cotenants include Target and Wal*Mart.
Go Wireless Marc Mandel c/o Fameco Real Estate 633 West Germantown Pike, Suite 200 Plymouth Meeting, PA 19462 610-834-8000, Fax 610-834-1793 Email: mmandel@famecoretail.com Web site: www.famecoretail.com
Electronics The 220-unit chain operates locations nationwide. The electronics stores occupy spaces of 800 sq.ft. to 2,000 sq.ft. in urban/downtown areas, freestanding locations and lifestyle, mixed-use, power, strip and specialty centers. Growth opportunities are sought throughout DE, southern NJ and PA during the coming 18 months, with representation by Fameco Real Estate. For additional information regarding expansion throughout central and northern NJ, contact Mike Horne, 555 U.S. Highway 1 South, suite 400, Iselin, NJ 08830; 732-526-9100, Fax 732-526-9101; Email: mhorne@famecoretail.com.
Amalgamated Bank Mitch Weiss c/o Retail Zone 25-50 Francis Lewis Boulevard Flushing, NY 11358 718-321-7700 Ext. 3, Fax 718-228-6499 Email: mitch@retailzone.net Web site: www.amalgamatedbank.com
Finance The 19-unit chain operates locations throughout CA, NJ, NV, NY and Washington, DC. The banks occupy spaces of 2,000 sq.ft. to 4,000 sq.ft. in freestanding locations, endcaps, urban/downtown areas and lifestyle, power, specialty and strip centers. Growth opportunities are sought throughout Brooklyn and Queens, NY during the coming 18 months, with representation by Retail Zone.
Regis Corp. dba Great Expectations David Foley 7201 Metro Boulevard Minneapolis, MN 55439 952-947-7000, Fax 952-947-7900 Email: david.foley@regiscorp.com Web site: www.regiscorp.com
Hair The chain operates locations throughout FL, GA, NJ, NY and TX. The men’s and women’s full-service hair salons occupy spaces of 1,000 sq.ft. to 1,500 sq.ft. in neighborhood strip centers. Growth opportunities are sought nationwide during the coming 18 months.
Spiff For Men Jason Turner or Cory Zelnik c/o Zelnik & Co., LLC 424 Madison Avenue New York, NY 10017 212-223-2200 Emails: jason@zelnikco.com and cory@zelnikco.com Web site: www.zelnikco.com
Hair The company operates one location in New York, NY. The store, offering barber shop services such as haircuts, straight-edged shaves, shoe shines and hot towel treatments, along with manicures, pedicures and waxing, occupies spaces of 1,500 sq.ft. to 2,500 sq.ft. in urban/ downtown areas. Growth opportunities are sought throughout Manhattan, NY during the coming 18 months, with representation by Zelnik & Co., LLC.
Kay Jewelry Superstore Les Sax c/o Sax Realty, Inc. 4912-A Del Ray Avenue Bethesda, MD 20814 240-497-1192, Fax 240-497-1070 Email: lsax@saxrealty.com Web site: www.saxrealty.com
Jewelry The 900-unit chain operates locations nationwide. The jewelry stores occupy spaces of 1,600 sq.ft. to 2,000 sq.ft. in urban/downtown areas and lifestyle and power centers. Growth opportunities are sought throughout MD and VA during the coming 18 months, with representation by Sax Realty, Inc.
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Lead Sheet HMV Group plc dba HMV Record Store Eugene Murphy 5401 Eglinton Avenue, West Unit 110 Etobicoke, Ontario, CN M9C 5K6 416-620-4470, Fax 416-620-5064 Web site: www.hmv.com
Music The 129-unit chain operates locations throughout Canada. The stores, offering CDs, videos and DVDs, occupy spaces of 3,000 sq.ft. in power centers, regional malls and urban/ downtown areas. Growth opportunities are sought throughout the existing market during the coming 18 months.
Staples, Inc. dba Staples and Staples Copy & Print Director of Real Estate 500 Staples Drive Framingham, MA 01702 508-253-7374 Web site: www.staplesrealty.com
Office Supplies The 1,832-unit chain operates locations nationwide and internationally. The stores, offering office supplies, computers and office electronics, furniture and business services, occupy spaces of 3,600 sq.ft. to 18,000 sq.ft. in freestanding locations, malls, urban/downtown areas, pad sites, outparcels and power and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Regional contact information is available on the company’s Web site.
Shiekh Shoes, Inc. Gerardo Aguinis or Stuart Zall c/o The Zall Co. 4725 South Monaco Street, Suite 340 Denver, CO 80237 303-804-5656, Fax 303-804-9696 Emails: gaguinis@zallcompany.com and szall@zallcompany.com Web site: www.zallcompany.com
Shoes The 98-unit chain operates locations throughout AZ, CA, NM, NV and TX. The stores, offering shoes and junior apparel, occupy spaces of 3,000 sq.ft. in malls. Growth opportunities are sought throughout CA, NV and TX during the coming 18 months, with representation by The Zall Co. Typical leases run 10 years. Major competitors include Finish Line and Journeys.
Shoe City Bob Pratt c/o R.L. Pratt and Associates 123 Washington Boulevard, Penthouse Suite Marina Del Rey, CA 90292 310-577-1414, Fax 310-577-1415 Email: bob@rlpratt.com Web site: www.rlpratt.com
Shoes The 30-unit chain operates locations throughout Los Angeles, Orange, Riverside and San Bernardino counties in CA. The shoe stores, offering brand-name athletic footwear and sportswear, occupy spaces of 4,500 sq.ft. to 6,000 sq.ft. in freestanding locations and power and strip centers. Growth opportunities are sought throughout southern CA during the coming 18 months, with representation by R.L. Pratt and Associates. Typical leases run five years. A vanilla shell and specific improvements are required. Preferred demographics include a population of 100,000 within three miles. Major competitors include Shoe Warehouse.
United Franchise Group dba Sign-A-Rama Neal Leeper 3300 Battleground Avenue, Suite 304 Greensboro, NC 27410 336-510-1497, Fax 336-510-0862 Web site: www.signarama.com
Signs The 850-unit chain operates locations nationwide and internationally. The stores occupy locations of 1,000 sq.ft. and 1,800 sq.ft. in power and strip centers. Growth opportunities are sought nationwide during the coming 18 months. Typical leases run five years. A vanilla shell and specific improvements are required. The company is franchising.
Total Wine & More Phillip Armstrong 11325 Seven Locks Road, Suite 214 Potomac, MD 20854 301-795-1000 Ext. 482, Fax 301-795-1081 Email: parmstrong@totalwine.com Web site: ww.totalwine.com
Specialty The 58-unit chain operates locations throughout AZ, CA, DE, FL, GA, NC, NJ, SC and VA. The stores, offering wine, beer and spirits as well as gifts and accessories, occupy spaces of 20,000 sq.ft. in lifestyle centers. Plans call for up to ten openings throughout AZ, CA, FL, NV and Washington, DC during the coming 18 months. Preferred cotenants include Best Buy, Barnes & Noble, Bed Bath & Beyond, REI and Dick’s Sporting Goods. Preferred demographics include a trade-area population earning $75,000 as the average household income.
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Lead Sheet City Sports Jeff Connor 77 North Washington Street Boston, MA 02114 617-391-9127
Sporting Goods The 17-unit chain operates locations throughout GA, MA, MD, NY, PA, RI and Washington, DC. The sports apparel stores occupy spaces of 8,000 sq.ft. to 10,000 sq.ft. in freestanding locations and urban/downtown areas. Growth opportunities are sought throughout major metropolitan areas of the existing markets during the coming 18 months.
AB Supermarket dba Key Food Marketplace Anthony Bileddo 153rd Avenue and 7th Street Garden City, NY 11530 516-742-2713, Fax 516-739-8343 Email: abileddo@keyfoodmarketplace.com
Supermarket The two-unit chain operates locations throughout NY. The supermarkets occupy spaces of 21,100 sq.ft. in strip centers. Growth opportunities are sought throughout Brooklyn, NY during the coming 18 months.
Calendar Club, LLC dba Calendar Club Lori Lesko 6411 Burleson Road Austin, TX 78744 512-386-7220, Fax 512-369-6192 Web site: www.calendarclub.com
Temporary Tenant The 900-unit chain operates locations nationwide. The stores, offering calendars and related items, occupy spaces of 140 sq.ft. to 3,000 sq.ft. in malls, inline spaces and lifestyle and outlet centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run six months. A vanilla shell is required.
United Oil Paintings, Inc. dba The Gallery Rebecca Sellers 56 Mellen Street Hopedale, MA 01747 508-473-5444 Email: uopthegallery@cox.net
Temporary Tenant The 19-unit chain operates locations throughout CT, MA, MD, ME, NH, NJ, PA, RI and VA. The stores, offering decorative oil paintings and solid wood frames, occupy spaces of 1,500 sq.ft. to 3,000 sq.ft. in regional malls. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run one year.
Nutty Bavarian dba The Nutty Bavarian David Zangenberg 305 Hickman Drive Sanford, FL 32771 407-444-6322, Fax 407-444-6335 Email: davidz@nuttyb.com Web site: www.nuttyb.com
Temporary Tenant The 800-unit chain operates locations nationwide and internationally. The stores, offering cinnamon glazed nuts, occupy kiosks of six sq.ft. to 10 sq.ft. in malls, urban/downtown areas and entertainment, outlet, specialty and tourist centers. Plans call for 50 openings nationwide during the coming 18 months. Typical leases run one year.
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 12
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Home-Related Chains Expand Nationwide (continued from page one)
The Sherwin Williams Co. (Southeast Division) trades as Sherwin Williams at 3,100 locations nationwide and throughout Canada and Puerto Rico. The stores, offering paint and related products, occupy spaces of 5,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout select markets nationwide during the coming 18 months. Typical leases run five years with three, five-year options. A turnkey is required. Preferred demographics include a population of 50,000 within three miles earning $50,000 as the average household income. Major competitors include Ben Moore, Home Depot, Lowe’s Home Improvement and Porter. For more information, contact Ben Amoson, The Sherwin Williams Co. (Southeast Division), 2191 Northlake Parkway, Suite 107, Tucker, GA 30084; 678-261-6840, Fax 678261-6848; Email: blamoson@sherwin.com; Web site: www.sherwin.com. Sit ‘N Sleep operates 20 locations throughout southern CA. The home furnishings stores, offering mattresses, bed frames, head boards and day beds, occupy spaces of 13,000 sq.ft. in freestanding locations, malls and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. For more information, contact Larry Miller, Sit ‘N Sleep, 14300 South Main Street, Gardina, CA 90648; 310-608-6838 Ext. 1800, Fax 310-767-7884; Web site: www.sitnsleep.com. Viking Cooking School, Viking Kitchen Center and Viking/Home Chef operate 15 locations throughout AK, CA, GA, IL, OH, MO, MS, NJ, NY, PA, TN and TX. The centers, offering culinary classes for adults, teenagers and children, and covering subjects including ethnic cuisine and basic techniques of cooking and baking, occupy spaces of 2,000 sq.ft. to 5,000 sq.ft. in lifestyle, specialty and strong neighborhood centers, as well as resort areas. Growth opportunities are sough nationwide during the coming 18 months, with representation by Levy Commercial Realty, LLC. Typical leases run five to 10 years. Major competitors include Sur La Table and Williams-Sonoma. Expansion is for corporate locations and via licensing agreements. For more information, contact Steven Levy, Levy Commercial Realty, LLC, PO Box 38466, Germantown, TN 38183-0466; 901-753-4848, Fax 901-753-9077; Email: slevy@levycommercial.com; Web site: www.levycommercial.com. DM
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Marana – Cortaro Crossing, a 20,000 sq.ft. strip center located on Cortaro Road, has spaces available of 1,100 sq.ft. and 3,900 sq.ft. along with a 6,000 sq.ft. buildable outlot. Cotenants include Native New Yorker, Capin Car Wash, Chopstix, Nana Maria’s and Karate for Kids. Area retail includes Arizona Pavilions, featuring Wal*Mart and Kohl’s. Area demographics include a population of 232,331 within five miles earning $60,223 as the average household income. The average daily traffic count is 104,700 vehicles. The asking rent ranges from $23 psf to $26 psf with CAM of $5 psf. Also, Continental Ranch Shopping Center, a 100,000 sq.ft. strip center located at the intersection of Cortaro Road and Silverbell Road, has spaces available of 1,440 sq.ft.; 1,680 sq.ft. and 2,160 sq.ft. Fry’s Supermarket anchors the center and cotenants include Cold Stone Creamery, Comet Cleaners, Cost Cutters, Movie Gallery, State Farm Insurance, The UPS Store, Edward Jones and Papa Murphy’s. Area retail includes Arizona Pavilions. Area demographics include a population of 74,024 within five miles earning $63,944 as the average household income. The average daily traffic count is 40,600 vehicles. The asking rent ranges from $23 psf to $26 psf with CAM of $5 psf. Oro Valley – Placita de Oro, a 50,575 sq.ft. strip center located at the intersection of First Avenue and Tangerine Road, has spaces available of 1,500 sq.ft.; 2,442 sq.ft. and 5,000 sq.ft. along with a 4,000 sq.ft. buildable outlot. Ace Hardware and Walgreens anchor the center. Cotenants include Wells Fargo, Anytime Fitness, Subway, Yen Salon, Edward Jones and Comet Cleaners. Area retail includes Oro Valley Marketplace, featuring Wal*Mart, Best Buy, Cost Plus World Market, Dick’s Sporting Goods, Ulta, Petco, DSW, In-N-Out Burger, Chase Bank, Olive Garden and Red Lobster. Area demographics include a population of 256,070 within five miles earning $45,798 as the average household income. The average daily traffic count is 31,100 vehicles. The asking rent ranges from $23 psf to $26 psf with CAM of $5 psf. Sahuarita – Sahuarita Palms Plaza, a 93,500 sq.ft. strip center situated on nine acres at the intersection of La Canada Drive and Duval Mine Road, has three spaces of 1,306 sq.ft. available along with a 34,000 sq.ft. outlot. Safeway anchors the center and cotenants include Regis, Nail Trix, Papa Murphy’s, Ladies Workout Express, Jerry Bob’s and American Southwest Credit Union. Area retail includes Madera Marketplace, featuring Wal*Mart Supercenter. The average daily traffic count is 69,000 vehicles. The asking rent is $24
psf with CAM of $5 psf. Tucson – Broadway Village, a 37,000 sq.ft. specialty center located at the intersection of Broadway Boulevard and Country Club Road, has spaces available of 1,336 sq.ft.; 5,872 sq.ft. and 6,185 sq.ft. Cotenants include Elle Wine Country, Table Talk, Zocalo, Rug Resource, Bon, Hush Salon, Chez Josef, Clues Unlimited, Toque De Paison, Kurt & Quanna and Primitive Arts. Area demographics include a population of 304,902 within five miles earning $47,185 as the average household income. The average daily traffic count is
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65,000 vehicles. The asking rent ranges from $18 psf to $25 psf with CAM of $5 psf. For details, contact Linda Montani, Commercial Retail Advisors, LLC, 2990 North Campbell Avenue, Suite 230, Tucson, AZ 85719; 520-290-3200, Fax 520-7517465; Email: lmontani@cradvisorsllc.com; Web site: www.cradvisorsllc.com.
Florida Miami Gardens – Stadium Corners, located
Florida
Florida
at the intersection of Northwest 27th Avenue and Northwest 199th Street, has space available. Area retail includes Home Depot, Office Depot and Wal*Mart Supercenter. Area demographics include a population of 481,974 within five miles earning $46,372 as the average household income. Parkland – Riverstone Shoppes at Parkland, a 61,758 sq.ft. center located on State Road 7, has spaces available of 1,043 sq.ft.; 1,393 sq.ft. and 15,000 sq.ft. along with two spaces of 1,200 sq.ft. Cotenants include Sweet & Sassy, Fantastic Windows, Studio Etro
Salon, Panda Cabinet, Dedicated Dental, Performance Edge Dance, Rejuvenate Day Spa, Pete’s Tuscan Grille, Café Bella Sera, Japango, Millennium Nails, Nature Med Spa and Riverstone Wine & Cheese. Area retail includes Kohl’s, BJ’s Wholesale Club and Wal*Mart Supercenter. Area demographics include a population of 282,513 within five miles earning $81,667 as the average household income. Sarasota – Town and Country, located on North Beneva Road, has spaces available of 800 sq.ft.; 968 sq.ft.; 1,600 sq.ft. and 5,000 sq.ft. Cotenants include Sweetbay Supermarket, Sherwin Williams, National Cash Advance, Nail Fever Salon, First Choice Haircutters, Weight Watchers, Dollar Discount, Web EX Pharmacy, Premier Furniture Rental/ Purchase, Florida Ballet Arts School, Beautiful Cakes by Ron and Beading Elements. Area demographics include a population of 232,775 within seven miles earning $44,775 as the average household income. Wilton Manor – Shoppes at Wilton Manors, a 75,879 sq.ft. center located on Wilton Manor Drive, has spaces available from 15,000 sq.ft. to 30,000 sq.ft. Cotenants include Chic Optique, Java Boys, Boom, Gaymart, Russoto Realty, Humpy’s Pizza, Icon, Juice Blendz, Balls Sportswear, Tasty Thai, Wix & Wax, Bottoms & Tops, Georgie’s Alibi and Island City Fitness. Area demographics include a population of 331,091 within five miles earning $41,598 as the average household income. For details, contact Shary Thur or Jon Cashion, Thur & Associates, 499 East Palmetto Park Drive, Suite 221, Boca Raton, FL 33432; 703-847-0865 or 561-395-2441; Emails: sthur@thurassociates.com and jcashion@thurassociates.com; Web site: www.thurassociates.com.
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Illinois
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Chicago – A 1,000 sq.ft. building located at the intersection of East 115th Street and Halsted Street is available. For more information, contact Izzy Rabinowitz, 6239 North Drake Avenue, Chicago, IL 60659; 773-267-6332, Fax 773267-8498; Email: izzyrab@aol.com.
• Unlike other companies, there are no templates. Each blast is designed specifically for your company. • You can supply your own blast, keeping it consistent with your other marketing materials. • Most blasts can be turned around within 48 hours.
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Massachusetts
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Dedham – Dedham Mall, an 800,000 sq.ft. center located at the intersection of Route 1 and Washington Street, has space available. Cotenants include Super Stop & Shop, Dick’s Sporting Goods, T.J. Maxx, DSW, Old (continued on page sixteen)
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Call 1-800-732-5856 Fax 609-587-3511 Alyson Parker or Monica Carpenter
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Navy, Sears, A.C. Moore, Sears, Pizzeria Uno, Eastern Bank, Applebee’s, Starbucks and Lowe’s Home Improvement. Area retail includes Toys “R” Us, Savers, Jo-Ann Fabrics, Staples, Petco, Pep Boys, BJ’s Wholesale Club, Best Buy and Bed Bath & Beyond. Area demographics include a population of 1.239 million within 10 miles earning $88,130 as the average household income. The average daily traffic count is 82,000 vehicles. Falmouth – The Falmouth Mall, a 273,000 sq.ft. power center located at the intersection of Maravista Avenue, Route 28/Teaticket Highway, Worcester Court and Spring Bars Road, has spaces available of 377 sq.ft.; 465 sq.ft.; 907 sq.ft.; 1,167 sq.ft.; 1,181 sq.ft.; 2,057 sq.ft.; 3,140 sq.ft. and 3,467 sq.ft. Wal*Mart anchors the center and cotenants include HomeGoods, T.J. Maxx, Shaw’s, Bridges By the Bay, Harry’s Barber, Falmouth Fashion, Hannoush Jewelers, Ladies Workout Express, Havey Studios and CB Perkins along with Falmouth Cinema & Pub occupying a pad site. Area demographics include a population of 155,643 within a 30-minute drive time earning $73,196 as the average household income. Hyannis – Southwind Plaza, a 215,000 sq.ft. power center located on Route 132, has space
Massachusetts
Massachusetts
available. Stop & Shop and Home Depot anchor the center. Cotenants include Borders, Old Navy and A.C. Moore. Area demographics include a population of 156,764 within 15 miles earning $74,101 as the average household income. Methuen – The Loop, a 480,000 sq.ft. mixed-use center located on Route 113, has space available. Loew’s AMC Theatres, Home Depot and Super Stop & Shop anchor the center. Cotenants include Borders, Old Navy, Gap, Avenue, Marshalls, Famous Footwear, Starbucks, Bath & Body Works, Ann Taylor Loft, Olympia Sports, Not Your Average Joe’s, Zoots, Bugaboo Creek, T.G.I. Friday’s and Wendy’s. Area retail includes Target and Wal*Mart. Area demographics include a population of 384,626 within 10 miles earning $81,380 as the average household income. Reading – The Crossing at Walkers Brook, a 480,000 sq.ft. specialty center located on Walkers Brook Drive, has a 22,432 sq.ft. space available that includes a 4,640 sq.ft. mezzanine space. Jordan’s Furniture and Home Depot anchor the center. Cotenants include Bank of America, Starbucks, Bear Rock Café, The Paper Store, Staples, Verizon Wireless, Macaroni Grill, IMAX 3-D Theatre and Chili’s. Area retail includes Market Basket, Super Stop & Shop, Bertucci’s and Longhorn Steakhouse.
Area demographics include a population of 325,385 within seven miles earning $99,314 as the average household income. For details, contact The Wilder Cos., 800 Boylston Street, Suite 1300, Boston, MA 02199; 617-247-9200, Fax 617-247-4044; Web site: www.wilderco.com.
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Foxborough – Foxborough Plaza, a 118,844 sq.ft. center located on Route 140/30/ Commercial Street, has spaces available of 4,900 sq.ft.; 5,473 sq.ft. and 27,816 sq.ft. Cotenants include Papa Gino’s, Foxboro Karate, Hops & Grapes Variety, RadioShack, Ocean State Job Lot and Dunkin’ Donuts. Area demographics include a population of 147,791 within seven miles earning $102,730 as the average household income. Middleborough – Middleborough Crossing, a 132,158 sq.ft. center located on Merchants Way, has spaces available from 1,655 sq.ft. to 41,568 sq.ft. Hannaford anchors the center and cotenants include Ocean State Job Lot, Tiki Buddha, Maggie’s Hair, Crystal Clear Optiques, Subway and Aubuchon Hardware. Area demographics include a population of 69,958 within seven miles earning $80,229 as the average household income. New Bedford – Kings Plaza, a 168,134 sq.ft. center located on Kings Highway, has a 2,000 sq.ft. space
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Space Place
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Massachusetts
New Hampshire
available. Savers, A.J. Wright and WOW Health Club anchor the center. Cotenants include Fashion Bug, Expressions Shoes, Madrag, Dental Dreams, Ocean State Job Lot, Family Dollar, Rainbow Rentals, H&R Block, Fashion Nails, Blockbuster Video and McDonald’s. Area demographics include a population of 154,579 within seven miles earning $54,273 as the average household income. The average daily traffic count is 31,000 vehicles. Springfield – Springfield Plaza, a 525,000 sq.ft. center located on Liberty Street, has a 2,023 sq.ft. space available along with two pad sites. Kmart and Super Stop & Shop anchor the center. Cotenants include Rocky’s Hardware, A.J. Wright, Dollar Tree, RadioShack, Hip Hop Clothing, Rent-A-Center, Rainbow Apparel, Mad Rags, Expressions, Payless ShoeSource, Ocean State Job Lot, Sally Beauty Supply, H&R Block, Tung Hai Restaurant, Source of New York, Koffee Kup Bakery, Washing Well, New Mykonos, Savers, Aaron’s Rental, Plaza Package Store, AMF Bowling, Club X, Princess Nails, Burger King, U.S. Postal Service, KFC, Hollywood Video, 99 Restaurant, Wendy’s, Bank of America and Entertainment Cinema.
Area demographics include a population of 352,587 within seven miles earning $54,052 as the average household income. For details regarding the Foxborough, Middleborough and Springfield properties, contact Dan Zelson, Charter Realty & Development Corp., 183 Main Street, Westport, CT 06880; 203-227-2922, Fax 203-227-8388; Email: dan@chartweb.com; Web site: www.chartweb.com. For details regarding the New Bedford property, contact Angelo; 22 McGrath Highway, Somerville, MA 02143; 617-591-9995 Ext. 208, Fax 617591-9966; Email: angelo@chartweb.com.
House, Pet Quarters, G.K. Nails, Pro Image Drycleaners, Hollywood Tans, Geovanni’s Pizza, Nutrition House, Pure Tone Hearing Aid, Curves, Comptech, State Farm Insurance and Morning Star Books. Area retail includes T.J. Maxx, Staples, Barnes & Noble, Home Depot and Mall of New Hampshire. Area demographics include a population of 147,517 within five miles earning $66,321 as the average household income. Merrimack – Merrimack Village Center, an 88,192 sq.ft. center located at the intersection of Camp Sargent Road and Continental Boulevard, has spaces available of 1,600 sq.ft. and 8,992 sq.ft. along with a 6,000 sq.ft. and a 0.57-acre outparcel. Shaw’s anchors the center and cotenants include Supercuts, NH Best Cleaners & Tailors, Advance America, Merrimack Jewelers, Go Wireless, Quiznos, Pizzico, RadioShack and McDonald’s. Area retail includes D’Angelo, KinderCare, Burger King and Papa Gino’s. Area demographics include a population of 71,489 within three miles earning $89,721 as the average household income. The average daily traffic count is 61,200 vehicles.
New Hampshire Manchester – Manchester Commons, a 170,000 sq.ft. mixed-use center located on Route 28/South Willow Street, has spaces available from 1,000 sq.ft. to 8,500 sq.ft. Shaw’s anchors the center and cotenants include Lens Doctor, Digital Federal Credit Union, Manchester Buffet, Island Ink Jet, Marquee Dental, Fantastic Sams, The UPS Store, Jennifer Convertibles, Fast Frame, Massage Envy, Yuki Japanese Steak
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Dealmakers
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March 13, 2009
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Milford – Lordens Plaza, a 148,802 sq.ft. center situated on 17.28 acres on Route 101A/Nashua Street, has spaces available of 1,200 sq.ft.; 1,600 sq.ft.; 2,400 sq.ft. and 3,600 sq.ft. Shaw’s anchors the center and cotenants include Hairforce Salon, The Clothes Closet, RadioShack, Papa Gino’s, Rite Aid, Wok Wok Chinese, Shenanigans, GNC, Linen & Shade Bin, Dollar Tree, Toadstool Bookshop, Movie Scene, M&M Wireless, Boston Chowda Co., H&R Block, The Postal Center and Ocean National Bank. Area retail includes Burger King, Walgreens, McDonald’s and Stop & Shop. Area demographics include a population of 34,908 within five miles earning $98,555 as the average household income. The average daily traffic count is 32,171 vehicles. For details, contact Mark Thibeault, ATS Realty, 1601 Trapelo Road, Suite 250, Waltham, MA 02451; 802-879-1410, Fax 781672-0277; Email: mthibeault@atsrealty.com; Web site: www.atsrealty.com. For additional details regarding the Merrimack property, contact Howard Schussler, Regency Centers, 150 Monument Avenue, Suite 406, Bala
New Hampshire
Pennsylvania
Cynwyd, PA 19004; 610-747-1224; Email: hschussler@regencycenters.com; Web site: www.regencycenters.com.
of Prussia Mall. Area demographics include a population of 182,060 within five miles earning $92,517 as the average household income. New Hope – Union Square, a 130,000 sq.ft. mixed-use center, has spaces available of 4,000 sq.ft. and 5,000 sq.ft. Cotenants include Triumph Brewing Co. and New Hope Fitness. Area demographics include a population of 25,035 within five miles earning $124,970 as the average household income. Reading – Muhlenberg Square, located on North 5th Street Highway, has spaces available of 6,500 sq.ft. and 14,000 sq.ft. Cotenants include Aaron’s Rents, Advance Auto Parts, Hollywood Video and Rita’s. Area demographics include a population of 147,062 within five miles earning $52,864 as the average household income. Wayne – A 3,686 sq.ft. space is available on East Lancaster Avenue. Area demographics include a population of 146,215 within five miles earning $128,841 as the average household income. For details, contact Jason Bock, Michael Salove Co., 1700 Market Street, 17th Floor, Philadelphia, PA 19103; 215-568-2600 Ext. 21, Fax 215-568-2666; Email: jbock@salove.com; D M Web site: www.salove.com.
Pennsylvania Germantown – The Shops of Saddle Creek, a lifestyle center, has space available. Cotenants include Acorn, Ann Taylor, Ann Taylor Loft, Apple, Banana Republic, Chico’s, Coach, Coldwater Creek, Francesca’s Collections, Gymboree, J. Crew, J. Jill, Janie and Jack, Lucky Brand, Natural Body Spa & Shoppe, Origins, Talbots, Vera Bradley, White House|Black Market and WilliamsSonoma. Trade-area demographics include a population of 439,200 earning $81,300 as the average household income. For details, contact Poag & McEwen Lifestyle Centers, 6410 Poplar Avenue, Suite 850, Memphis, TN 38119; 901-761-7604; Web site: www.pm-lifestyle.com. King of Prussia – Courtside Square, a center located at the intersection of Route 202 and Allendale Road, has spaces available from 1,000 sq.ft. to 35,000 sq.ft. Area retail includes King
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