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
(continued on page thirteen)
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