Reporting The Nation’s Weekly News on Retailing & Retail Real Estate Volume XXIX No. XII
March 28, 2014
FEATURING SUPERMARKET CHAINS EXPAND NATIONWIDE Corrado’s Family Affair operates five locations throughout Clifton, Fairfield and Wayne, NJ. The supermarkets, featuring deli, produce, bakery and floral departments, as well as a liquor department, occupy spaces of 10,000 sq.ft. to 25,000 sq.ft. in freestanding locations and shopping centers. Growth opportunities are sought throughout NJ and the greater New York, NY market, excluding Long Island, during the coming 18 months, with representation by Landmark RE Co. The company prefers to anchor shopping center locations and will only consider acquiring sites. For more information, contact Larry Liebowitz, Landmark RE Co., 392 Main Street, Wyckoff, NJ 07481; 201-560-1800, Fax 201-560-0600; Email: ll@landmarkreco.com; Web site: www.corradosmarket.com. Fairway Market operates 17 locations throughout CT, NJ and NY. The supermarkets prefer to occupy spaces of 50,000 sq.ft. to 60,000 sq.ft. in regional or community shopping centers. Growth opportunities are sought throughout northern NJ during the coming 18 months, with representation by Welco Realty. Preferred cotenants include mid-sized or big box retailers include Target and Bed Bath & Beyond. For more information, contact Jerry Welkis, Welco Realty, 2525 Palmer Avenue, New Rochelle, NY 10801; 914-576-7500, Fax 914576-7596; Email: jwelkis@welcorealty.com; Web site: www.welcorealty.com.
Brookshire Brothers, Inc. trades as Brookshire Brothers at 104 locations throughout LA and TX. The supermarkets, featuring bakery, deli, floral and pharmacy departments, occupy spaces of 15,000 sq.ft. to 45,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 20 years. Preferred demographics include a population of 10,000 within 10 miles earning $45,000 as the average household income. For more information, contact Eric Rich, Brookshire Brothers, Inc., 1201 Ellen Trout Drive, Lufkin, TX 75904; 936-634-8155, Fax 936-6334733; Email: erich@brookshirebros.com; Web site: www.brookshirebrothers.com. Lund Food Holdings, Inc. trades as Byerly’s and Lunds at 24 locations throughout MN. Lunds prefers to occupy spaces of 35,000 sq.ft. and Byerly’s prefers to occupy spaces of 60,000 sq.ft. in freestanding locations, strip centers and urban/ downtown areas. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run 20 years with options. For more information, contact Jenifer Kent, Lund Food Holdings, Inc., 4100 West 50th Street, Suite 2100, Edina, MN 55424; 952-915-2696, Fax 952-915-2675; Email: jenifer.kent@lfhi.com; Web site: www.lfhi.com. (continued on page eight)
THIS ISSUE CONTAINS INFORMATION ON: • Retailers operating 39,954 locations with plans to open 2,354 sites • Real estate valued in excess of $70 million to be bought, sold & financed • Leasing activity on over 3.1 million sq.ft. of retail properties WS Postmaster: Periodical T NE E N A T R DIT IMPO SE EXPE A PLE
ICSC CAROLINAS IDEA EXCHANGE New Construction Visconsi Cos. preleases shopping center in NC............................... Pg. 3 Observations & Conversations
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Buyers and Sellers Venture Commercial closes the sale of former Albertsons locations in TX........................... Pg. 5 Food Chains Expand Granite City Food & Brewery to enter CO, KY, NY, OK, PA and TN.............................................. Pg. 6 Who’s Opening and Where Sprouts Farmers Market focuses on the Midwest........................... Pg. 7 Biscuitville wants more of NC.... Pg. 7 Tim Hortons plans 40 to 60 openings in the U.S.................... Pg. 7 Sources of Financing Marcus & Millichap negotiates financing for strip centers............ Pg. 8 Tenant Reps The Rotella Group reps Maha Vapor......................................... Pg. 8 Lead Sheet Gamestop to open 25 stores....... Pg. 10 Dirt Fitness goes national............ Pg. 11 Party City projects up to 55 openings..................................... Pg. 12 Schuykill Valley Sports plans five new locations............................. Pg. 12 Lease Signings Paramount Real Estate inks deals throughout CT, NJ and PA.......... Pg. 13 Making the News L3 Corp. grows brokerage team
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Space Place................................ Pg. 14
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NEW CONSTRUCTION Hillwood Properties is developing The Outlets at Alliance, a 350,000 sq.ft. outlet center situated on 45 acres at the intersection of Interstate 35W and Cabela’s Drive in Ft. Worth, TX. The development will feature approximately 50 stores. The project is slated to open during fall 2015. For more information, contact Hillwood Properties, 13600 Heritage Parkway, Suite 200, Fort Worth, TX 76177; 817224-6000, Fax 817-224-6060; Web site: www.hillwood.com.
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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Visconsi Cos. is developing Long Beach Crossing, a 44,500 sq.ft. strip center development located at the intersection of Route 133 and Route 211 in Southport, NC. Up to 14,000 sq.ft. of shop space will be available, along with four, one acre outlots. Area retailers include Lowe’s Food and Walmart Supercenter. Area demographics include a trade-area population of 65,000 earning $60,295 as the average household income. The average daily traffic count is 40,000 vehicles. The center is slated to open during March 2015. For more information, contact Mark Schroeder, Visconsi Cos., 30050 Chagrin Boulevard, Pepper Pike OH 44124; 216-464-5550, Fax 216-464-7219; Email: mschroed@visconsi.com; Web site: www.visconsi.com. Mid-America Asset Management, Inc. is preleasing Garden Market, located at the intersection of 47th Street and Willow Springs Road in Western Springs, IL. Spaces of 2,000 sq.ft. to 7,423 sq.ft. are available. Future anchors include Mariano’s Fresh Market. Cotenants include Walgreens and Tuesday Morning. Area demographics include a population of 245,556 within a five-mile radius earning $108,489 as the average household income. The average daily traffic count is 15,200 vehicles along 47th Street. For more information, contact Marget Graham or Samantha Spinell, Mid-America Asset Management, Inc., One Parkview Plaza, Ninth Floor, Oakbrook Terrace, IL 60181; 630-954-7307/7220, Fax 630-9547306; Emails: mgraham@midamericagrp.com and sspinell@midamericagrp.com; Web site: www.midamericagrp.com. Thomas Land & Development, LLC is developing Forum at Wade Park, a proposed mixed-use development situated on 110 acres
at the intersection of Dallas North Tollway and Lebanon Road in Frisco, TX. A 45,000 sq.ft. Whole Foods is slated to anchor the center and open during fall 2015. The first phase of construction will include a 600,000 sq.ft. retail component, a three-million sq.ft. office component, a 1,200-unit apartment component, a hotel and 127 single family homes. For more information, contact Crystal Clark, Thomas Land & Development, LLC, 45 Ansley Drive, Newnan, GA 30263; 678-423-5463, Fax 678-423-5450; Email: cclark@thomasent.com; Web site: www.thomasent.com. Durhman & Bassett Realty Group, Inc. is preleasing a 10,000 sq.ft. mixed-use building located at the intersection of Northwest Military Highway and Huebner Road in San Antonio, TX, slated for completion during the summer. Area demographics include a population of 96,338 within three-miles. The average daily traffic count is 12,700 vehicles along Northwest Military Highway. The asking rent is $30 psf NNN. For more information, contact Barry Haydon, Durhman & Bassett Realty Group, Inc., 100 East Anderson Lane, Austin, TX 78752; 512-628-5353; Email: barryhaydon@dbrealty.net; Web site: www.dbrealty.net. The Howard Hughes Corp. is redeveloping South Street Seaport, a 205,000 sq.ft. mixeduse development located at the intersection of Fulton Street and South Street in New York, NY. Plans call for an additional 25,000 sq.ft. of space containing waterfront views to be added to the existing shopping center. For more information, contact The Howard Hughes Corp., 13355 Noel Road, 22nd Floor, Dallas, TX 75240; 214-741-7744; Web site: D www.howardhughes.com. M
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 DealmakersTM 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. Periodical postage paid at Trenton, NJ and at additional mailing offices. Affiliated with Tenant Search, E.S.P., E-Blast Copyright 2014 by TKO Real Estate Advisory Group Inc. 609-587-6200, fax 609-587-3511.
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Mid-America Asset Management, Inc. is preleasing Garden Market in Western Springs, IL. March 28, 2014 | Page 3
OBSERVATIONS AND CONVERSATIONS Yes, retailers are closing stores and yes, there’s a lot of vacant space that still needs to be absorbed, but the retail apocalypse is about as certain as a zombie invasion. Ann O’Neal
Welcome to the Dealmakers special edition for the ICSC Carolinas Idea Exchange. With the amount of activity from supermarket chains in the Carolinas, you would think that the region was severely understored. Kroger recently acquired Harris Teeter, one of the larger regional chains in the Carolinas, with Food Lion, Lowe’s Foods and Ingles competing to maintain their market share. An avalanche of competition is coming to the grocery store arena throughout the Carolinas, with the rapid growth of Walmart Neighborhood Market, Whole Foods, Publix and The Fresh Market. According to a study by Duke University, there are 171 trade areas in North Carolina that would be classified as lacking access to fresh foods. I can understand the rural markets being understored, but the competition looks pretty stiff to me in the more densely-populated areas. It’s going to be extremely difficult to operate profitably with so many newcomers invading the market and I’m not sure who will win the fight. The area has a history as a hotbed for growing supermarket chains and it’s also no stranger to seeing mass closures of grocery chains, such as WinnDixie and A&P. Delhaize pulled back its Bottom Dollar discount chain, while in turn, Sav-A-Lot continues to grow in the Carolinas. Considering the list of new players growing throughout the region, shopping centers that aren’t anchored by a dominant grocery store have a high risk of getting clobbered. In my experience, it’s always difficult to find a replacement tenant for a vacant supermarket even if the real estate is great. Usually, the domino effect quickly takes its toll as small shops start to close because there’s no traffic in the center. I had a situation where I was leasing a vacant supermarket that sat across from the newest and hottest grocery store chain in the trade-area and after beating my head against a wall, I finally filled the space with a Tractor Supply Co. Because the landlord was fixated on releasing the space to another a grocery store, it took me longer to convince the landlord that the odds of finding a supermarket replacement were nil than it did to negotiate the deal with the new tenant. It will be interesting to see how the supermarket turf war plays out in the Carolinas. A number of chains are looking to enter the Carolinas; Silverspot Theater plans to enter the market with a location in Chapel Hill and Eddie Merlot’s is also exploring locations in North Carolina. Dress Code is looking to enter South Carolina. I’m hearing of quite a few new shopping center developments in North Carolina and the REITs are actively buying centers in the region. Kimco recently acquired a 670,000 square foot center in Cary, North Carolina for $91 million with Best Buy, Dick’s Sporting Goods, Toys “R” Us, Old Navy and Marshalls serving as anchors. Childress-Klein is preleasing the expansion of a Super Targetanchored center in Charlotte with Pier 1 Imports, Gander Mountain, HomeGoods and Michaels anchoring the second phase. Overall, the Carolinas appear to be active, and retailers are enthusiastic about opening new stores.
amongst retailers including Office Max and Office Depot, Men’s Wearhouse and Jos. A Bank, in addition to Safeway and Albertsons, will also create more vacancies. To throw a little more shade on these store closing announcements, a study by Urban Land Institute stated the U.S. has approximately one BILLION square feet of vacant retail space. Recently, a blogger married those ULI statistics and the recent onslaught of store closing announcements and now claims “The Great U.S. Retail Apocalypse” is imminent. Yes, retailers are closing stores and yes, there’s a lot of vacant space that still needs to be absorbed, but the retail apocalypse is about as certain as a zombie invasion. Take a look at the chains that are announcing massive closings, most of them were crappy operators ten years ago and that’s the reason they are closing stores, not because of internet sales or a failing economy.
Although the economy and consumer confidence continues to improve, there are still quite a few chains that have store closings on the front burner, i.e. Radio Shack, Staples, JCPenney, Sears and Barnes & Noble. Sony is closing most of its stateside stores. While Ashley Stewart, Abercrombie & Fitch and The Children’s Place are closing some stores, Dots threw in the towel recently closing all 359 locations and liquidating the company. The uptick in merger activity
Here’s to making more deals,
Page 4 | March 28, 2014
It’s highly irritating when a blogger/analyst claims the last nail in the coffin for traditional retailing, especially when the claims are based on a faulty premise. In today’s economy, for every retailer that’s closing stores, I can find two that are aggressively opening new locations. Online shopping will never generate instant satisfaction as long as you can’t feel the fabric, try on the shoes or squeeze the produce. The only way to meet those tactile needs is with brick and mortar stores. I recently made an online purchase from a national chain that I could have driven 15 minutes to shop at their bricks and mortar store, but because of being snowbound, I relented and bought online. I’ll never do it again. The merchandise came in varying shipments, and the final item showed up three weeks after my purchase, plus almost a third of the items that I originally purchased were out of stock. The purchase entailed getting a phone call from the retailer to verify the shipping address as a security measure, about 15 emails explaining delivery delays or out of stock merchandise and two follow up calls over three weeks. I think my frustration with online shopping is a pretty common sentiment and there are basic human characteristics when shopping for food and clothing that haven’t changed in hundreds of years and most likely won’t be changing drastically in my lifetime. Perhaps we’ll see 3-D printers in every home and holograms producing food instead of stoves and ovens, although it’s as unlikely as the arrival of zombies and the retail apocalypse. Long live traditional retailing! Have a great show in Charlotte. Stop by our booth at 605. We are also gearing up for RECon and if you have deals and opportunities that should get national exposure, send me an email to ann@dealmakers.net or go to the web site at www.dealmakers.net, click the banner for free publicity to let our editors know.
Ann O’Neal, Publisher
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BUYERS AND SELLERS Venture Commercial negotiated the sale of a 61,935 sq.ft. former Albertsons building located along North Galloway Drive in Mesquite, TX. The company represented the seller, Dallas Retail Associates, in the transaction. The company also negotiated the sale of a 55,728 sq.ft. former Albertsons located along Preston Road in Frisco, TX. The company represented the seller, Dallas Retail Associates, in the transaction. For more information, contact Sherry Yeaman, Venture Commercial, 8235 Douglas Avenue, Suite 720, Dallas, TX 75225; 214378-1212; Email: sherry@my2hq.com. Capital Pacific is selling San Luis Shopping Center, a 40,256 sq.ft. strip center situated on 7.71 acres in San Luis, AZ. A 176,000 sq.ft. Walmart Supercenter shadow-anchors the property. The center is 93% occupied. The NOI is $485,423. The asking price is $5.78 million with a Cap rate of 8.4%. For more information, contact Dave Lucas, Zeb Ripple, John Andreini, Chris Peters or Chris Kostanecki, Capital Pacific, 180 Montgomery, Suite 1250, San Francisco, CA 94104; 415-274-7390; Email: dlucas@capitalpacific.com; Web site: www.capitalpacific.com. JH Real Estate Partners recently acquired San Carlos Shopping Center, a 126,000 sq.ft. shopping center located at the Navajo Road exit off of the 125 Freeway in San Diego, CA. At the time of acquisition, the property was 81% occupied and tenanted by Walgreens, LA Fitness, Chase Bank and Starbucks. For more information, contact Ernie Rivas, JH Real Estate Partners, 500 Newport Center Drive, Suite 900, Newport Beach, CA 92660; 949-723-8989, Fax 949-7238988; Email: erivas@jhrep.com; Web site: www.jhrep.com.
Namdar Realty Group recently acquired Regency Square Mall, a 1.42 million sq.ft. mall in Jacksonville, FL. At the time of acquisition, Belk, JCPenney and AMC Imax Theater anchored the shopping center. The company is acquiring shopping centers, malls, single net tenants and office buildings throughout the northeast, southeast and Midwestern regions of the U.S. Suitable properties have a minimum GLA of 30,000 sq.ft. and are priced at $1million or above. For more information, contact Brandon Hakimi, Namdar Realty Group, 150 Great Neck Road, Suite 304, Great Neck, NY 11021; 516-773-0011 Ext. 111; Email: brandon@namdarrealtygroup.com; Web site: www.namdarrealtygroup.com. CB Richard Ellis is selling a 13,251 sq.ft. Natural Grocers NNN lease located along West 23rd Street in Lawrence, KS. Area draws include University of Kansas. The NOI is $318,024. The asking price is $5.088 million with a Cap rate of 6.25%. For more information, contact Matthew Henrichs or Brad Lyons, CB Richard Ellis, 8390 East Crescent Pakway, Suite 300, Greenwood Village, CO 80111; 720-528-6308/6351; Emails: matthew.henrichs@cbre.com and brad.lyons@cbre.com; Web site: www.cbre.com. Rockwood Real Estate Advisors negotiated the sale of North Bergen Center, situated on seven acres in North Bergen, NJ. For more information, contact Thomas E. Dobrowski or Michael B. Wesson, Jr., Rockwood Real Estate Advisors, 555 Fifth Avenue, Fourth Floor, New York, NY 10017-2416; 212-871-7725/7719; Email: tdobrowski@rockwoodrea.com.
Jameson Commercial negotiated the sale of the following retail properties throughout Chicago, IL: a single-tenant property located along North Ravenswood Avenue for $6.5 million; a property located along North Central Avenue for $2.735 million; a property along South Ashland Avenue for $2.3 million and a mixed-use property located along North Broadway Street for $2.05 million. For more information, contact Jameson Commercial, 425 West North Avenue, Chicago, IL 60610; 312-2168000, Fax 312-751-2808; Web site: www.jamesoncommercial.com. Insite Real Estate, Inc. is selling a 15.31-acre parcel with entitlements for the development of 150,000 sq.ft. of retail space. Area retailers include Taco Bell, 7-Eleven, Dairy Queen, CVS, Lowe’s Home Improvement, Wendy’s, Winn Dixie and Dollar Tree. Area demographics include a population of 117,465 within a fivemile radius earning $71,272 as the average household income. The average daily traffic count is 20,500 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; Web site: www.insiterei.com. KW Commercial negotiated the sale of a pad site located along East U.S. Highway 290 in Dripping Springs, TX. The property was acquired by Chicken Express. The company represented the buyer in the transaction. For more information, contact Nick Nelson, KW Commercial, 1801 South Mopac, Suite 100, Austin, TX 78704; 512-906-6757; Email: nick@kwcommercial.com; Web site: www.kwcommercial.com. DM
Metro Commercial Real Estate is selling a 31,555 sq.ft. retail building located along West Belmont Avenue in Chicago, IL. Area retailers include Allstate Insurance, True Value Hardware, H&R Block, Subway and Goldmart. For more information, contact Metro Commercial Real Estate, 56 Skokie Valley Road, Highland Park, IL 60035; 847-4129898, Fax 847-412-0101. SVN|The Kase Group is selling a freestanding Aldi in Hartford, WI. The tenant is bound to a 10-year net lease. The asking price is $2.963 million with a Cap rate of 5.5%. For more information, contact Kase Abusharkh or Jacob Abusharkh, SVN|The Kase Group, PO Box 365, Diablo, CA 94528; 925-348-1844; Email: kase@svn.com. Dealmakers Magazine | www.dealmakers.net
Capital Pacific is selling San Luis Shopping Center in San Luis, AZ. March 28, 2014 | Page 5
FOOD CHAINS EXPAND NATIONWIDE Cheddar’s Casual Cafe operates more than 135 locations nationwide. The casual dining restaurants prefer to occupy spaces of 7,000 sq.ft. to 8,000 sq.ft. in various retail locations. Growth opportunities are sought throughout Daytona Beach and Port St. Lucie, FL during the coming 18 months, with representation by Atlantic Retail Properties. Keke’s Breakfast Café operates eight locations throughout FL. The cafes prefer to occupy spaces of 4,200 sq.ft. to 5,000 sq.ft. in strip and power centers. Growth opportunities are sought throughout southern FL during the coming 18 months, with representation by Atlantic Retail Properties. Pe Wei Asian Diner operates 165 locations nationwide. The restaurants prefer to occupy spaces of 3,000 sq.ft. in strip and power centers. Growth opportunities are sought throughout southern FL during the coming 18 months, with representation by Atlantic Retail Properties. Pollo Tropical operates 105 locations throughout FL, GA, TN, TX and Puerto Rico. The Caribbean-inspired restaurants prefer to occupy spaces of 4,000 sq.ft. in strip and power centers. Growth opportunities are sought throughout the greater Orlando, FL market during the coming 18 months, with representation by Atlantic Retail Properties. For more information regarding Cheddar’s Casual Cafe, contact Thomas Godino, Atlantic Retail Properties, 1001 N US Highway One, Suite 600, Jupiter, FL 33477; 561-427-6699, Fax 561-427-6561; Email: tgodino@atlanticretail.com; Web site: www.atlanticretail.com. For more information regarding Keke’s Breakfast Café, contact Elizabeth Wright; 561-427-6699 Ext. 1026, Email: ewright@atlanticretail.com. For more information regarding Pe Wei Asian Diner, contact Brent Andrews, 561-427-6699 Ext. 1016, Email: bandrews@atlanticretail.com.
For more information regarding Pollo Tropical, contact Noah Jones; 561-427-6699 Ext. 1018, Email: njones@atlanticretail.com. Granite City Food & Brewery, Ltd. trades as Granite City Food & Brewery at 27 locations throughout IA, IL, IN, KS, MI, MN, MO, NE, OH, SD and WI. The casual dining restaurants/bars occupy spaces of 10,000 sq.ft. in outlet, power and strip centers, as well as pad sites and freestanding locations. Growth opportunities are sought throughout CO, IL, IN, KY, MI, MN, MO, upstate NY, OH, OK, PA, TN and WI during the coming 18 months. The company prefers to acquire land. A vanilla shell is required. Preferred demographics include a population of 50,000 within three miles. For more information, contact Valerie Wood, Granite City Food & Brewery, Ltd., 701 Xenia Avenue South, Suite 120, Golden Valley, MN 55416; 928-274-8126; Email: valeriewoodllc@yahoo.com; Web site: www.gcfb.com. O’Charley’s operates more than 230 locations throughout AL, AR, FL, GA, IA, IL, IN, KY, LA, MO, MS, NC, OH, PA, SC, TN, VA, WI and WV. The casual dining restaurants prefer to occupy spaces of 7,300 sq.ft. to 9,300 sq.ft. in freestanding locations, power and tourist centers. Limited growth opportunities are sought throughout central FL during the coming 18 months, with representation by Quest Company. For more information, contact Don Seligman, Quest Company, 1180 Spring Centre South Boulevard, Altamonte Springs, FL 32714; 407-786-4001 Ext. 238; Fax: 407786-4004; Email: don@questcompany.com; Web site: www.questcompany.com.
O’Charley’s is seeking limited growth opportunities throughout central FL during the coming 18 months. Page 6 | March 28, 2014
Starbucks operates more than 20,000 locations nationwide and internationally. The coffee shops occupy spaces of 1,800 sq.ft. in freestanding locations and endcaps of shopping centers. The company prefers sites with drive-thrus. Growth opportunities are sought throughout CT and Westchester and Hudson counties in NY during the coming 18 months, with representation by Sullivan Hayes Companies. The company prefers sites with a drive-thru. TGI Friday’s operates more than 900 locations nationwide and internationally. The casual dining restaurants prefer to occupy spaces of 7,000 sq.ft. in freestanding locations and endcaps of shopping centers. Growth opportunities are sought throughout Fairfield County, CT during the coming 18 months, with representation by Sullivan Hayes Companies. For more information, contact Tim McNamara, Sullivan Hayes Companies, 10 Waterside Drive, Suite 200, Farmington, CT 06032; 860-470-1977, Fax: 860-679-5260; Email: tmcnamara@sullivanhayesne.com; Web site: www.sullivanhayesne.com. Bluewater Grill operates five locations throughout AZ and CA. The seafood restaurants prefer to occupy spaces of 7,500 sq.ft. in freestanding locations. Growth opportunities are sought throughout Orange and Los Angeles counties in CA during the coming 18 months, with representation by Strategic Retail Advisors. Peet’s Coffee & Tea operates at 232 locations nationwide. The coffee shops prefer to occupy spaces of 1,600 sq.ft. in lifestyle and strip centers, in addition to urban/downtown locations with a 500 sq.ft. outdoor patio. Growth opportunities are sought throughout Orange County, CA during the coming 18 months, with representation by Strategic Retail Advisors. Red Robin operates more than 490 locations nationwide and in Canada. The casual dining restaurants prefer to occupy spaces of 6,000 sq.ft. in freestanding locations and regional malls. Growth opportunities are sought throughout Santa Barbara, Ventura, Los Angeles and Orange County, CA during the coming 18 months, with representation by Strategic Retail Advisors. For more information, contact Wally Limburg, Strategic Retail Advisors, 3990 Westerly Place, Suite 230, Newport Beach, CA 92660; 949-640-6678; Fax: 949-7488088; Email: wally@strategicretailadvisor.com; Web site: www.strategicretailadvisor.com. DM
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WHO’S OPENING AND WHERE Sprouts Farmers Market, LLC (480-8148016) is planning to open a 28,000 sq.ft. Fresh Thyme Farmers Market in Naperville, IL during 2015, as well as eight additional openings slated for this year, as part of a plan to open 60 supermarkets throughout the Midwestern region of the U.S. during the next five years. The company currently operates more than 165 specialty grocery stores throughout AZ, CA, CO, NM, NV, OK, TX and UT and also trades as Sprouts Farmers Market.
Wal-Mart Stores, Inc. (479-273-4000) is planning to open a 140,000 sq.ft. Sam’s Club store at the site of a former Menards, located along Highway J in Sheboygan, WI during 2015. The company, offering general merchandise, groceries, health and beauty items and electronics, trades as Walmart, Walmart Supercenter, Walmart Express and Walmart Neighborhood Market and currently operates more than 9,000 locations, as well as 621 Sam’s Clubs locations, nationwide and internationally.
Whole Foods Market, Inc. (512-477-4455) is planning to open a 40,000 sq.ft. Whole Foods supermarket at Hughes Landing on Lake Woodlands in The Woodlands, TX during 2015. The chain, offering organic and natural food items, currently operates more than 373 specialty supermarkets nationwide, as well as in Canada and the United Kingdom.
U-Swirl, Inc. (702-586-8700), through franchisees, is planning to open 15 to 25 self-serve yogurt shops during the coming 12 to 18 months under the brand names U-Swirl, Cherry Berry and FuzzyPeach. The company currently operates 286 locations throughout 38 states nationwide, as well as four international countries, and also operates under the trade-name Rocky Mountain Chocolate Factory.
Gordmans, Inc. (402-691-4000) is planning to open three Gordmans department stores throughout OH by March 2015. The company, offering apparel and footwear for men and women, home furnishings and décor, accessories, gift items, and fragrances, currently operates 93 locations throughout 19 states nationwide. Price Chopper Supermarkets, Inc. (800-6667667) is planning to open a 90,000 sq.ft. new concept store called Market Bistro in Albany, NY. The location will feature a stonefired pizza counter, a craft beer station and an expanded meat selection. The company currently operates 130 supermarkets throughout six eastern states. Biscuitville (336-553-3700) is planning to open restaurants throughout the Triad region of NC, with an additional two to three locations planned during 2015 and between three to four locations planned during 2016. The company, offering breakfast and lunch menu items, currently operates 54 locations and is currently in the process of renovating all existing sites.
Scheels All Sports, Inc. (701-232-3665) will open a 144,000 sq.ft. Scheels sporting goods store at Apache Mall in Rochester, MN during spring 2015. The store will feature a shooting gallery, roller ball mini bowling and a deli and fudge shop. The company, offering running gear, hiking and casual footwear, hunting, golf and fishing supplies, currently operates 24 locations throughout 10 states. Meijer, Inc. (952-828-4000) is planning to open a Meijer supermarket located along U.S. 52 in West Lafayette, IN during the summer. The company is also slated to open locations in Whitestown and Plainfield, IN during the summer.
Checkers Drive-In Restaurants, Inc. (813283-7000) is planning to rollout five to 10 corporate-owned Checkers Drive-In locations annually throughout southern FL during the coming five years, including six locations throughout Broward, Palm Beach and Miami-Dade counties by 2015. The company, offering burgers, fries and dessert items, currently operates about 800 fast-food restaurants nationwide, and also trades under the brand name Rally’s. Haverty Furniture Cos., Inc. (888-428-3789) is planning to open six Havertys furniture stores, including three relocations, this year. The company offering home furnishings and décor, plans to operate 120 locations by the end of the year. Tim Hortons (614-791-4200) is planning to open 215 to 255 coffee shops, including 40 to 60 openings throughout the U.S., this year. The company, offering hot and cold beverages, as well as breakfast and lunch items, currently operates 3,588 locations throughout Canada and 859 locations nationwide. The Children’s Place, Inc. (201-558-2400) plans to open five The Children’s Place stores this year throughout North America. The company offers apparel, footwear and accessories for newborns, toddlers and young children. GRILLiT, Inc. (305-716-4195), under a franchisee, is slated to open a GRILLiT restaurant in Nashville, TN later this year. The company offers rice bowls, pasta, wraps and salads and is headquartered in Miami, FL. DM
Wegmans Food Markets, Inc. (585-3282550) is planning to open a 135,000 sq.ft. Wegmans supermarket along 3rd Avenue in Burlington, MA during the fall. It will be the company’s third location in the state. The chain of specialty supermarkets currently operates more than 83 locations throughout MA, MD, NJ, NY, PA and VA. Blazing Paddles at Game On! (617-351-7001) is opening a new-concept entertainment facility in the downstairs space of a sports bar in the Fenway section of Boston, MA. Dealmakers Magazine | www.dealmakers.net
Biscuitville is planning to open restaurants throughout the Triad region of NC, with an additional two to three locations planned during 2015 and between three to four locations planned during 2016. March 28, 2014 | Page 7
SUPERMARKET CHAINS EXPAND NATIONWIDE (continued from page one)
Metropolitan Market operates six locations throughout the Puget Sound area and western WA. The upscale supermarkets, featuring bakery, deli, meat and gourmet cheese departments, as well as offering natural and organic foods, occupy spaces of 25,000 sq.ft. to 35,000 sq.ft. in freestanding locations and strip centers. Plans call for two openings throughout Seattle, WA during the coming 18 months, with representation by DJT Realty Advisors. Preferred demographics include a population of 30,000 within two miles. The company prefers to locate in areas with high foot and vehicular traffic counts. For more information, contact Dean J. Trenery, DJT Realty Advisors, 2068 42nd Avenue East, Seattle, WA 98112; 206301-0360, Fax 206-301-0530; Email: djtrealtyseattle@aol.com; Web site: www.metropolitan-market.com. Johanneson’s, Inc. trades as Marketplace Foods at nine locations throughout MN, ND and WI. The supermarkets occupy spaces of 20,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. For more information, contact Sara Moran, Johanneson’s, Inc., PO Box 608, Bemidji, MN 56619-0608; 218751-9644, Fax 218-751-8442; Email: sara.moran@pace-development.com; Web site: www.marketplacefoods.com. Tietgens Enterprises trades as Tietgens Super Rama at six locations throughout central TN. The supermarkets occupy spaces of 14,000 sq.ft. to 15,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Major competitors include Walmart and Kroger. The company prefers to acquire sites.
For more information, contact Ed Tietgens, Tietgens Enterprises, 707 Brass Lantern Place, Brentwood, TN 37027; 615373-0769, Fax 615-373-7325; Web site: www.tietgensfoodstores.com. Jons Markets, Inc. trades as Jons Marketplace at 13 locations throughout CA. The supermarkets occupy spaces of 20,000 sq.ft. to 40,000 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 John Berberian, Jons Markets, Inc., 5315 Santa Monica Boulevard, Los Angeles, CA 90029; 323-460-4646, Fax 323-962-2754; Email: corp@jonsmarketplace.com; Web site: www.jonsmarketplace.com. Foodland Supermarket, Ltd. trades as Foodland and Sack N Save at 41 locations throughout HI. The supermarkets occupy spaces of 30,000 sq.ft. in strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. For more information, contact Todd Hondo, Foodland Supermarket, Ltd., 3536 Harding Avenue, Honolulu, HI 96816; 808732-0791; Email: thondo@sullivanfamilyco.com; Web site: www.foodland.com. Mal Enterprises, Inc. trades as Check Mart, Lawrence Bros. and Sav-A-Lot at 23 locations throughout NM and TX. The supermarkets occupy spaces of 22,500 sq.ft. in freestanding locations and strip centers. Limited growth opportunities are sought throughout the existing markets during the coming 18 months. For more information, contact Real Estate Department, PO Box 8, Sweetwater, TX 79556-0008; 325-236-6351, Fax 325-2366336; Email: kylel@lawbros.com; Web site: D www.lawrencebros.com. M
Jons Marketplace is seeking growth opportunities throughout CA during the coming 18 months. Page 8 | March 28, 2014
SOURCES OF FINANCING Marcus & Millichap negotiated financing for two retail properties, including a 115,000 sq.ft. strip center located in Newark, DE and a 24,688 sq.ft. neighborhood center in Philadelphia, PA. For more information, contact Marcus & Millichap; 925-953-1716; Web site: www.mmcapcorp.com. DM
TENANT REPS AND LEASING ASSIGNMENTS Breslin Realty (516-741-7400) is representing Just Falafel with its expansion plans throughout Long Island, NY. The restaurants prefer to occupy spaces of 1,000 sq.ft. to 2,000 sq.ft. The Rotella Group, Inc. (954-568-9015) is representing Maha Vapor with its expansion plans throughout southeastern FL and near colleges and universities nationwide. The company, offering electronic cigarettes, prefers to occupy spaces of 750 sq.ft. to 1,200 sq.ft. in anchored strip centers. A vanilla shell and open floor plan is required. Preferred cotenants include grocery stores, nightclubs and liquor and tobacco retailers. The chain prefers to locate in sites with prominent visibility. Divaris Real Estate, Inc. (301-637-0957) is representing Greenberry’s Coffee Co. with its expansion plans throughout the Clarendon, Ballston and Courthouse neighborhoods of Arlington, VA. The coffee shops occupy spaces of 1,000 sq.ft. to 2,000 sq.ft. The chain prefers to locate in sites with prominent visibility and affluent markets with strong office and residential demographics. The Premier Cos. (205-310-3799) was appointed by JG Realty to provide exclusive property management services for a 10-building portfolio throughout the Washington, DC area. The portfolio includes a total of 467,000 sq.ft. of retail and warehouse properties spanning from Olney, MD to Fredericksburg, VA. The company specializes in acquisition, financing, leasing, property management and asset management services. Renaud Consulting (703-404-2346) is representing Highway 55 Burger, Shakes and Fries with its expansion plans throughout the Richmond, VA metropolitan area. The restaurants occupy spaces of 2,000 sq.ft. to 3,000 sq.ft. DM Dealmakers Magazine | www.dealmakers.net
LEAD SHEET AAA Mid-Atlantic Eric Nichols c/o MPV Properties 521 East Morehead Street, Suite 400 Charlotte, NC 28202 704-572-5000 Email: enichols@mpvre.com Web site: www.mpvre.com
Automotive The 15-unit chain operates locations throughout NJ, MA, PA and VA. The automotive service centers occupy spaces of 6,000 sq.ft. to 13,000 sq.ft. in freestanding locations and endcaps of shopping centers. Growth opportunities are sought throughout MD, NJ, the Philadelphia PA metropolitan area, VA and Washington, DC during the coming 18 months, with representation by MPV Properties. Typical leases run 10 years. A land area of 0.75 to 1.5 acres is required for freestanding locations.
Aamco Transmissions, Inc. dba Aamco Transmissions MaryBeth Mack 201 Gibraltar Road Horsham, PA 19044 800-292-8500 Email: mmack@aamco.com Web site: www.aamco.com
Automotive The 750-unit chain operates locations nationwide. The automotive service centers occupy spaces of 3,500 sq.ft. to 8,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing market during the coming 18 months. The company is franchising.
Discount Tire Co. dba Discount Tire Co. and America’s Tire Co. James Silhasek 20225 North Scottsdale Road Scottsdale, AZ 85255 480-606-5828, Fax 480-606-4361 Web site: www.discounttire.com
Automotive The 800-unit chain operates locations throughout 23 states in the midstates, southern and western regions of the U.S. The tire centers occupy spaces of 7,500 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. The company prefers one-acre pad sites.
BP of America, Inc. dba ARCO, ampm Mike Hager 4554 Cross Creek Road Cool, CA 95614 530-888-1383, Fax 866-662-0916 Email: michael.hager@bp.com Web site: www.bp.com
Convenience The 960-unit chain operates locations throughout northern CA, OR and WA. The convenience stores, with gasoline facilities, occupy spaces of 2,400 sq.ft. to 3,600 sq.ft. in freestanding locations. Growth opportunities are sought throughout northern CA in the Bay area, central valley and Sacramento areas, as well as in OR and WA during the coming 18 months.
Evergreen Oil Co. dba Stop N Save Scott Smith 1202 Bergen Parkway, Suite 303 Evergreen, CO 80439 Email: sws@evergreenoil.net
Convenience The 32-unit chain operates locations throughout CO. The convenience stores, with gasoline facilities, occupy spaces of 4,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing market during the coming 18 months. The company will only consider acquiring sites.
Michael Rossy Ltd. dba Michael Rossy Stores Michael DiTullio 450 Boulevard Lebeau Saint Laurent, Quebec, Canada H4N 1R7 514-335-6255, Fax 514-335-9690 Email: mditullio@rossy.ca Web site: www.rossy.ca
Department Store The 80-unit chain operates locations throughout New Brunswick, Newfoundland, Ontario and Quebec, Canada. The department stores occupy spaces of 15,000 sq.ft. to 25,000 sq.ft. in malls and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months.
Dealmakers Magazine | www.dealmakers.net
March 28, 2014 | Page 9
LEAD SHEET Silverman Bros., Inc. dba Silverman Bros Alan Silverman PO Box 22614 Cleveland, OH 44122 216-429-1600 Web site: www.silvermans.com
Department Store The two-unit chain operates locations throughout OH. The discount department stores, offering hardware, lawn and garden supplies, seasonal products, men’s, women’s and children’s uniforms, as well as health and beauty items, occupy spaces of 15,000 sq.ft. to 20,000 sq.ft. in strip centers. Plans call for one opening in Cleveland, OH during the coming 18 months.
Ammar’s, Inc. dba Magic Mart R.F. Ammar 710 South College Avenue Bluefield, VA 24605-1639 276-322-4686 Ext. 195, Fax 276-326-1060 Email: ammars@magicmartstores.com Web site: www.magicmartstores.com
Discount The 21-unit chain operates locations throughout KY, NC, VA and WV. The stores, offering family apparel, housewares, sporting goods and outdoor products, occupy spaces of 85,000 sq.ft. to 120,000 sq.ft. in freestanding locations and strip centers. Plans call for one opening throughout the existing markets during the coming 18 months. Typical leases run five years with two, five-year options. Preferred cotenants include grocery stores.
Organic Dry Cleaner Young Byunn c/o Winick Realty Group 655 Third Avenue, 8th Floor New York, NY 10017 212-792-2645, Fax 212-792-2660 Email: young@winick.com Web site: www.winick.com
Dry Cleaner The five-unit chain operates locations throughout NY. The dry cleaning facilities occupy spaces of 400 sq.ft. to 1,000 sq.ft. in strip centers and urban/downtown areas. Plans call for five openings throughout the existing market during the coming 18 months, with representation by Winick Realty Group. Preferred demographics include a trade-area population earning $70,000 as the average household income.
AT&T Mobility Josh Wade c/o Avison Young – Florida, LLC PO Box 1625 West Palm Beach, FL 33402 561-721-7000, Fax 561-721-7001 Email: floridaretail@avisonyoung.com Web site: www.avisonyoung.com
Electronics The chain operates locations nationwide and internationally. The stores, offering cellular phones and related services and accessories, occupy spaces of 1,500 sq.ft. to 2,000 sq.ft. in endcaps and outparcels of shopping centers. Growth opportunities are sought throughout Miami-Dade County and north to Indian River County, including Broward, Palm Beach, Martin and St. Lucie counties in FL during the coming 18 months, with representation by Avison Young – Florida, LLC.
Gamestop, Inc. dba Gamestop Kate Holsenbeck 625 Westport Parkway Grapevine, TX 76051 817-424-2000, Fax 817-722-7360 Email: kateholsenbeck@gamestop.com Web site: www.gamestop.com
Electronics The 6,550-unit chain operates locations nationwide and in Canada, Puerto Rico and internationally. The stores, offering video games, hardware and related accessories, occupy spaces of 1,500 sq.ft. to 2,000 sq.ft. in power and strip centers. Plans call for 25 openings nationwide during the coming 18 months.
Fidelity Investments Tom Power c/o SRS Real Estate Partners 301 Howard Street, Suite 900 San Francisco, CA 94105 415-908-4942 Email: tom.power@srsre.com Web site: www.srsre.com
Finance The chain operates more than 180 units nationwide. The financial service centers occupy spaces of 4,000 sq.ft. in freestanding locations, power and strip centers, as well as urban/ downtown areas. Growth opportunities are sought throughout the San Francisco Bay area in CA during the coming 18 months, with representation by SRS Real Estate Partners.
Page 10 | March 28, 2014
Dealmakers Magazine | www.dealmakers.net
LEAD SHEET PLS Check Cashers Evan Schuckman c/o Schuckman Realty 7600 Jericho Turnpike, Suite 105 Woodbury, NY 11709 516-496-8888 Email: evan@schuckmanrealty.com Web site: www.schuckmanrealty.com
Finance The chain operates locations throughout AZ, CA, IL, IN, NY, TX and WI. The check cashing stores, also offering money transfer, direct deposit and bill payment services, occupy spaces of 800 sq.ft. to 3,500 sq.ft. in freestanding locations and inline and corner spaces of shopping centers. Growth opportunities are sought throughout Brooklyn, Bronx, Nassau, Manhattan, Queens, Suffolk and Westchester counties in NY during the coming 18 months, with representation by Schuckman Realty. The company prefers sites with a drive-thru.
TD Bank Steve DePetris c/o Legend Properties, Inc. 521 Plymouth Road, Suite 118 Plymouth Meeting, PA 19462 856-231-1010 Email: sdepetris@lpre.com Web site: www.lpre.com
Finance The 1,300-unit chain operates locations throughout CT, DE, FL, MA, MD, ME, NC, NH, NJ, PA, RI, SC, VA and Washington, DC. The banks occupy spaces from 2,500 sq.ft. to 3,849 sq.ft. in freestanding locations. Growth opportunities are sought throughout southern NJ and central and southern PA during the coming 18 months, with representation by Legend Properties, Inc. The company will also consider endcaps in urban areas with high pedestrian traffic counts.
Dirt Fitness Michael Toroyan c/o StreetView, LLC 100 Southeast 3rd Avenue, 10th Floor Ft. Lauderdale, FL 33394 954-828-1963 Email: amt@streetviewllc.com Web site: www.dirtfitness.com
Fitness The two-unit chain operates locations throughout FL. The fitness centers occupy spaces of 1,750 sq.ft. to 3,500 sq.ft. in freestanding locations and endcaps and inline spaces of shopping centers. Growth opportunities are sought nationwide during the coming 18 months, with representation by StreetView, LLC.
Staples, Inc. dba Staples Tom Colarusso 500 Staples Drive Framingham, MA 01702 508-253-7374 Email: tom.colarusso@staples.com Web site: www.staplesrealty.com
Office Supplies The 1,800-unit chain operates locations nationwide and internationally. The office supply stores occupy spaces of 3,600 sq.ft. to 18,000 sq.ft. in freestanding locations, malls, pad sites and outparcels of power and strip centers, as well as downtown areas. Growth opportunities are sought nationwide during the coming 18 months.
Eyeglass World Greg Godino or Thomas Godino c/o Atlantic Retail Properties 1001 North US Highway One, Suite 600 Jupiter, FL 33477 561-427-6699 Ext. 1013/1012, Fax 561-427-6561 Emails: ggodino@atlanticretail.com and tgodino@atlanticretail.com Web site: www.atlanticretail.com
Optical The 70-unit chain operates locations throughout AL, AZ, CA, CO, FL, GA, IA, IL, IN, KS, KY, MI, MO, NE, NM, NV, OH, PA, SC, TN, TX, UT and WA. The stores, offering prescription eyewear and designer frames, occupy spaces of 4,500 sq.ft. in freestanding locations, malls, power and strip centers, as well as urban/downtown areas. Growth opportunities are sought throughout FL during the coming 18 months, with representation by Atlantic Retail Properties.
Pet Goods Larry Liebowitz c/o Landmark RE Co. 392 Main Street Wyckoff, NJ 07481 201-560-1800, Fax 201-560-0600 Email: ll@landmarkreco.com Web site: www.petgoods.com
Pet Supplies The four-unit chain operates locations throughout NJ and NY. The pet supply stores occupy spaces of 12,000 sq.ft. to 16,000 sq.ft. in freestanding locations and power centers. Growth opportunities are sought throughout NJ and NY, excluding Long Island, during the coming 18 months, with representation by Landmark RE Co. Typical leases run 10 years with options. A vanilla shell and specific improvements are required. Preferred cotenants include Target, Bed Bath & Beyond, Best Buy, Marshalls and supermarkets. Major competitors include Petco and PetSmart.
Dealmakers Magazine | www.dealmakers.net
March 28, 2014 | Page 11
LEAD SHEET Party City Corp. dba Party City Doug Calvin 25 Green Pond Road Rockaway, NJ 07866 973-453-8810, Fax 973-983-4829 Email: dcalvin@partycity.com Web site: www.partycity.com
Party Supplies The 800-unit chain operates locations nationwide. The party supply stores occupy spaces of 12,000 sq.ft. in 15,000 sq.ft. in lifestyle, power and community centers. Plans call for 35 to 55 openings throughout the existing market during the coming 18 months.
Massage Envy Jayson Siano, Scott Sher or Greg Batista c/o Sabre Real Estate Group, LLC 500 Old Country Road, Suite 209 Garden City, NY 11530 516-874-8070 Ext. 501 Email: jayson@sabreny.com Web site: www.sabreny.com
Service The 850-unit chain operates locations nationwide throughout 47 states. The facilities, offering massage and spa services, occupy spaces of 2,500 sq.ft. to 4,000 sq.ft. in strip centers. Growth opportunities are sought throughout Long Island, Manhattan and the surrounding boroughs in NY during the coming 18 months, with representation by Sabre Real Estate Group, LLC.
Shoe Avenue Bill Buffington c/o Trans-Continental Development Group, LLC 501 East Kennedy Boulevard Tampa, FL 33602 813-363-1009, Fax 813-973-8548
Shoes The three-unit chain operates locations throughout FL. The shoe stores occupy spaces of 3,000 sq.ft. to 5,000 sq.ft. in inline spaces of shopping centers and power centers. Growth opportunities are sought along the west coast of FL during the coming 18 months, with representation by Trans-Continental Development Group, LLC. Typical leases run three to five years with options. The company will also consider second-generation spaces.
Shoe Carnival Jay Cohen c/o L3 Corp. 211 North Lindberg Boulevard, Suite 150 St. Louis, MO 63141 314-469-7400, Fax 314-576-9768 Email: jay@l3corp.net Web site: www.l3corp.net
Shoes The 350-unit chain operates locations throughout the Midwest, southern, southeastern and western regions of the U.S. The shoe stores occupy spaces of 10,000 sq.ft. in power and strip centers. Growth opportunities are sought throughout the St. Louis, MO metropolitan area during the coming 18 months, with representation by L3 Corp.
Schuykill Valley Sports Robert Winitsky c/o Arrow Real Estate Services 717 Limkiln Road Doylestown, PA 18901 610-400-3018 Email: robertw@arrowrealestateservices.com Web site: www.arrowrealestateservices.com
Sporting Goods The 20-unit chain operates locations throughout NJ and PA. The sporting goods stores occupy spaces of 5,000 sq.ft. in regional malls, outlet and strip centers. Plans call for five openings throughout DE, NJ and PA during the coming 18 months, with representation by Arrow Real Estate Services. Typical leases run five years. A vanilla shell is required. Preferred cotenants include department and grocery stores, Kohl’s and Target. Preferred demographics include a trade-area population earning $70,000 as the average household income. Major competitors include Dick’s Sporting Goods and Modell’s.
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 | March 28, 2014
Dealmakers Magazine | www.dealmakers.net
LEASE SIGNINGS LMS Commercial Real Estate (717-569-9373) negotiated a lease with AT&T Mobility for 1,600 sq.ft. at Regency Square, a 58,973 sq.ft. shopping center located along Rohrerstown Road in Lancaster, PA. Zeke Ottemiller of LMS Commercial Real Estate represented the landlord and Gary Leone of Fameco CBRE represented the tenant in the transaction. The company also negotiated a lease with New York Diner at Grandview Plaza Shopping Center, a 112,200 sq.ft. shopping center located at the intersection of Grandview Road and Baltimore Street in Hanover, PA. Ryan Myers of LMS Commercial Real Estate represented the landlord in the transaction. The company also negotiated a lease with Randy’s BBQ for 3,000 sq.ft. at Northgate Shopping Center, located along North George Street in York, PA, with Travis Riley and David Nicholson of LMS Commercial Real Estate representing the landlord in the transaction.
School and YOGO Factory at Festival at Exton in Exton; with Sweet Frog, Rainbow, GNC and Staples at Berkshire Square in Wyomissing and with Gamestop and Anytime Fitness at Promenade at Lebanon in Lebanon. The company also negotiated leases with Anytime Fitness, Family Dollar, OASIS and Aubuchon Hardware at Southbridge Fair in Southbridge, MA. CB Richard Ellis (804-343-0173) negotiated three leases at The Regency Court at Woodfield, a 139,703 sq.ft. shopping center located at the intersection of Jog Road and Yamato Road in Boca Raton, FL: a 10-year
Paramount Real Estate Corp. (952-854-8290) negotiated the following leases transactions throughout NJ: with Children of America, Tori’s and Froyo at Marketplace at Chews Landing in Gloucester Township; with Turning Point Café and Charming Charlie at Marlton Square Specialty Center in Marlton; with European Wax Center, Charming Charlie and Pronto at Village at Cambridge Crossing in Mt. Laurel; with Jolie Hair and Beauty Academy and Harbor Freight Tools at Ganttown Plaza in Turnersville; with Dunkin’ Donuts and Jimmy John’s at Shore Plaza in Lakewood; with Kiddie Academy at Ninth Venture in Brick and with Karate Studio and The Max Challenge at Fifteenth and Eighteenth Venture in Brick. The company also negotiated the following leases throughout CT: with Taco Bell at New Bright Plaza in New Britain and with Famous Footwear, The Children’s Place, Denny’s, Dunkin’ Donuts and Walmart at Charter Oak Marketplace in Hartford. The company also negotiated the following leases throughout PA: with Plaza Azteca, Rose, Kids First Swim Dealmakers Magazine | www.dealmakers.net
RKF (212-599-3700) negotiated a lease with Aurelio’s Pizza for 5,163 sq.ft. at the intersection of South Michigan Avenue and West Roosevelt Road in Chicago, IL. Steve Schwartz and Elan Rasansky of RKF represented the landlord and Matt Fetter of Baum Realty represented the tenant in D the transaction. M
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Equity Retail Brokers (610-645-7700) negotiated a lease with Shifty’s Tacos for 1,700 sq.ft. along Chestnut Street in Philadelphia, PA. Brian Wherty of Equity Retail Brokers represented the tenant in the transaction. Mid-America Real Estate-Michigan, Inc. (248-855-6800) negotiated a lease with DXL Men’s Apparel for 10,514 sq.ft. along Miller Road in Flint, MI. Cynthia Kratchman of Mid-America Real EstateMichigan, Inc. represented the tenant in the transaction.
lease with Massage Heights for 2,945 sq.ft.; a 10-year lease with Dunkin’ Donuts for 1,430 sq.ft. and a five-year lease with Internet Sales Results for 1,063 sq.ft. Lisa Ferrazza and Lynette Green of CB Richard Ellis represented the landlord in the transactions.
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For more information, call 1-800-732-5856 or visit www.eblast.net March 28, 2014 | Page 13
REAL ESTATE PROFESSIONALS MAKING THE NEWS
L3 Corp. (314-469-7400) recently hired Mike Pettit. In his new role, Pettit will focus on client representation, including leasing and acquisitions. Prior to joining the company, Pettit served as executive director of retail services at Sansone Group. The company specializes in tenant and landlord representation, property acquisition and disposition services. SRS Real Estate Partners (214-560-3215) recently hired Michael Straus as an associate at the firm’s Chicago, IL office. In his new role, Strauss will focus on tenant and landlord representation, as well as new business development. The company specializes in brokerage, corporate, development, investment and management services. Marcus & Millichap (925-953-1716) promoted John Banas, Kristopher Wood and James Conley to senior directors at the firm’s Philadelphia, PA office. The company also promoted Eric Seidel to associate director at its NJ office and promoted Christopher Marks and Kyle D Young at the Manhattan, NY office. M
SPACE PLACE Connecticut
Florida
Cromwell – Cromwell Square, located at the intersection of Shunpike Road and West Street, has spaces of 2,555 sq.ft., 3,620 sq.ft. and 8,600 sq.ft. available. Cotenants include Kmart, X-Pect Discount, Payless Shoe Source, Subway, Sally Beauty Supply, T-Mobile, Radio Shack, Anytime Fitness, Weight Watchers, GNC, H&R Block, Pet Valu and Ruby Tuesday. Area demographics include a population of 97,975 within five miles earning $87,306 as the average household income. The average daily traffic count is 87,000 vehicles. For more information, contact Jason Wuchiski, Tyler Lyman or Nick Marona, Rhys, 203-653-1737/1743/1736; Email: jwuchiski@rhysre.com.
Washington Avenue. The asking rent is $45 psf NNN. For more information, contact Greg Masin, Frank Begrowicz or Andrea Vigil, Cushman & Wakefield of Florida, Inc., 200 Biscayne Boulevard, Suite 2800, Miami, FL 33131; 305-371-4411/533-2874/533-2858; Email: greg.masin@cushwake.com; Web site: www.cushmanwakefield.com.
Florida Coral Gables – A space of 2,475 sq.ft. is available along South Dixie Highway. Area retailers include Shake Shack, Five Guys Famous Burgers and Fries, Metropolis and Whole Foods Market. The average daily traffic count is 80,000 vehicles. Miami Beach – Up to 13,000 sq.ft. is available along
For Lease - rock HiLL, sc asking rent: $16-$20 psF pLus
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AvAilAble SpAce: Suite 3: 1,000 Sf Suite 6: 2,923 Sf Suite 8: 1,516 Sf (bAtS bbq AvAilAble fAll 2014) Suite 9: 5,151 Sf (SAS ShoeS)
• 59,000 sF Food Lion ancHored neigHborHood center
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contact: Warren norman company (803) 366-8141 andrea@Warrennorman.com Page 14 | March 28, 2014
Longwood – Springs Plaza, located at the intersection of West State Road 434 and Wekiva Springs Road, has spaces from 953 sq.ft. to 3,622 sq.ft. available. Cotenants include Starbucks, First Watch, Tijuana Flats, Hurricane Grille & Wings and Jimmy John’s. Area demographics include a population of 178,983 within five miles earning $69,341 as the average household income. Sanford – Gateway Plaza, located at the intersection of Towne Center Boulevard and Rinehart Road, has spaces from 2,990 sq.ft. to 27,193 sq.ft. available, along with outparcels of 4,000 sq.ft. and 13,500 sq.ft. Cotenants include Bealls, Bed Bath & Beyond, Michaels and Toys “R” Us. Area demographics include a population of 103,431 within five miles earning $76,848 as the average household income. For more information, contact James Mitchell, CBRE, Inc., 189 South Orange Avenue, Suite 1900, Orlando, FL 32801; 407-404-5024; Email: james.mitchell@cbre.com; Web site: www.cbre.com. Melbourne – Nasa Plaza, a 168,737 sq.ft. center located at the intersection of Babcock Street and Nasa Boulevard, has spaces from 900 sq.ft. to 11,650 sq.ft. available. Cotenants include Goodwill, Beauty Alliance and Green Apple Seeds. Area demographics include a population of 121,644 within five miles earning $59,436 as the average household income. The average daily traffic count is 18,200 vehicles. Ocala – Shady Oaks Shopping Center, a 260,419 sq.ft. center located at the intersection of Shady Road and College Road, has spaces from 1,200 sq.ft. to 16,755 sq.ft. available. Cotenants include Best Buy, Staples, Citi Trends, Shoe Time, Bealls Outlet, Jo-Ann Fabrics, Burlington Coat Factory and Great Clips. Area demographics include a population of 70,091 within five miles earning $64,200 as the average household income. The average daily traffic count is 42,000 vehicles. For more information, contact Charlotte Manley, Kimco Realty, 3705 South Orlando Drive, Sanford, FL 32773; 407-302-6510; Email: cmanley@kimcorealty.com; Web site: www.kimcorealty.com. Dealmakers Magazine | www.dealmakers.net
SPACE PLACE Florida
Illinois
New York
Dunedin – Weathersfield Commons, located at the intersection of Main Street and Virginia Street, has a space of 46,055 sq.ft. available. Area retailers include Publix, Winn-Dixie, CVS, Walgreens, Lowe’s, Bealls Outlet, Save-A-Lot, Dollar Tree and Walmart. Area demographics include a population of 223,362 within five miles earning $61,721 as the average household income. The average daily traffic count is 42,500 vehicles. Homosassa – Homosassa Square, located at the intersection of South Suncoast Boulevard and West Yulee Drive, has a space of 45,060 sq.ft. available. Area retailers include Publix, Bealls Outlet, Radio Shack, Advance Auto Parts, Walgreens, CVS and Walmart. Area demographics include a population of 20,641 within five miles earning $43,432 as the average household income. The average daily traffic count is 29,000 vehicles. For more information, contact Brian Bern, Franklin Street Real Estate, 500 North Westshore Boulevard, Suite 750, Tampa, FL 33609; 813-658-3343, Fax 813-8397330; Email: brian.bern@franklinst.com; Web site: www.franklinst.com; or Andy Couch, DJM Realty, 207-650-7154; Email: acouch@djmrealty.com.
Northfield – Northfield Village Center, located along South Happ Road, has a space of 1,750 sq.ft. available. Cotenants include Shred 415, U Dawg U, Subway, Tapas Gitanas, Northshore Yoga and Hofherr Meats. Area demographics include a population of 71,964 within three miles earning $209,691 as the average household income. The asking rent is $30 psf. For more information, contact Rich Kahan or Tony Kahan, KB Real Estate, Inc., 790 West Frontage Road, Suite 315, Northfield, IL 60093; 847-441-4425/4424; Email: rkahan@kbrealestate.com.
and West 73rd Street. Area retailers include Alice’s Tea Cup, Starbucks, Paige Denim, Club Monaco, Papyrus and Theory. For more information regarding the Brooklyn property, contact Cory Zelnik or Sean Phillips, Zelnik & Co., 212-2232200; Email: cory@zelnikco.com; Web site: www.zelnikco.com. For more information regarding the New York property, contact Cory Zelnik or Kate Kiarsis; Email: kate@zelnikco.com.
Winter Haven – Citi Centre, a 185,705 sq.ft. center located along Citi Centre Street, has a space of 1,200 sq.ft. available. Cotenants include Macy’s, Belk, Staples and Pier 1 Imports. Area demographics include a population of 92,384 within five miles earning $52,149 as the average household income. For more information, contact Shana Pasas, Schmier & Feurring Realty, Inc., 2200 Butts Road, Suite 300, Boca Raton, FL 33431; 561-488-9100, Fax 561-4820181; Email: spasas@sfrealty.com; Web site: www.sfrealty.com.
Illinois Downers Grove – A 3,782 sq.ft. first floor retail space, with a 2,771 sq.ft. basement, are available at the intersection of Main Street and Grove Street. Area retailers include Caribou Coffee, Giordano’s, Starbucks and Emmett’s Ale House. Area demographics include a population of 102,557 within three miles earning $106,641 as the average household income. For more information, contact Will Kreuzer, Tartan Realty Group, 350 West Hubbard Street, Suite 640, Chicago, IL 60654; 312-377-8375, Fax 312-377-8351; Email: will@tartanrealtygroup.com; Web site: www.tartanrealtygroup.com. Dealmakers Magazine | www.dealmakers.net
Oswego – A center located along Orchard Road, has spaces from 1,200 sq.ft. to 5,500 sq.ft. available. Cotenants include Dunkin’ Donuts. Area retailers include Walgreens, Chase Bank, McDonald’s and Jewel-Osco. Area demographics include a population of 95,707 within five miles earning $90,205 as the average household income. The average daily traffic count is 12,300 vehicles. For more information, contact Christina Caton Kitchel or Nick O’Donnell, Caton Commercial Real Estate Group, 16106 Route 59, Unit 100, Plainfield, IL; 312-5451035/630-546-3506, Fax 815-439-3370; Email: christina@catoncommercial.com; Web site: www.catoncommercial.com.
New Jersey Toms River – A 5,656 sq.ft. freestanding building is available along Hooper Avenue. Area retailers include Toys “R” Us, PetSmart, Bed Bath & Beyond, The Vitamin Shoppe, Friendly’s and Panda Express. Area demographics include a population of 60,672 within three miles earning $75,062 as the median household income. The average daily traffic count is 41,000 vehicles. For more information, contact Jason Pierson, Pierson Commercial Real Estate, 704 Ginesi Drive, Suite 24, Morganville, NJ 07751; 732-707-6900 Ext. 2; Email: jason@piersonre.com; Web site: www.piersonre.com.
New York Brooklyn – A 950 sq.ft. ground floor space is available along Sheepshead Bay Road, between Jerome Avenue and Voorhies Avenue. Area retailers include Banco Popular, GNC, H&R Block, Bally Total Fitness, AT&T, McDonald’s, Monica’s Bridal and Verizon Wireless. New York – A 406 sq.ft. ground floor space is available along Columbus Avenue, between West 72nd Street
Miller Place – A proposed 23,882 sq.ft. building is available along Route 25 A South, west of Miller Place Road. Area retailers include McDonald’s, Applebee’s, Friendly’s, 7-Eleven, Stop & Shop, Starbucks and Wendy’s. Area demographics include a population of 49,674 within three miles earning $102,897 as the average household income. For more information, contact Judy Pascucci, Breslin Realty, 500 Old Country Road, Garden City, NY; 516-741-7400 Ext. 216, Email: jpascucci@breslinrealty.com; Web site: www.breslinrealty.com. New York – A 500 sq.ft. ground floor space, with a 232 sq.ft. basement, is available along Second Avenue, between 31st Street and 32nd Street in Kips Bay. Area retailers include Fairway Supermarket, AMC Loew’s Kips Bay 15, TD Bank, Staples, H&R Block, Starbucks, Duane Reade and Dunkin’ Donuts. New York – A 5,273 sq.ft. ground floor space, with a 1,193 sq.ft. basement, is available along Pine Street, between William Street and Pearl Street in the Financial District. Area retailers include Capital Grille, The Libertine, Pret, 7-Eleven, Crunch Gym, Lenny’s Café and Harry’s Italian Restaurant. For more information regarding the Second Avenue property, contact Jeff Winick or Joshua Siegelman, Winick Realty Group, LLC, 655 Third Avenue, 8th Floor, New York, NY 10017; 212-792-2600/2613; Email: jeff@winick.com; Web site: www.winick.com. For more information regarding the Pine Street property, contact Darrell Rubens or Joseph Isa, 212-792-2616/2647; Email: rubens@winick.com. New York – A 5,434 sq.ft. ground floor space, a 3,575 sq.ft. second floor space, and a 3,575 lower level space, are available at the intersection of Madison Avenue and 51st Street. Area retailers include Ann Taylor Loft, Tourneau, Burberry, Wells Fargo, Pink and Dunhill. For more information, contact Randall Briskin, The Feil Organization, 7 Penn Plaza, (continued on page sixteen)
March 28, 2014 | Page 15
SPACE PLACE New York (continued from page fifteen)
New York, NY 10001; 212-563-6557, Fax 212-563-6657; Email: rbriskin@feilorg.com; Web site: www.feilorg.com. Pelham Manor – Post Road Plaza, a 267,627 sq.ft. center located at the intersection of Boston Post Road and Hutchinson River Parkway, has spaces of 1,968 sq.ft. and 16,137 sq.ft. available. Cotenants include Fairway Market, Home Goods, Modell’s, Marshalls and Dave & Buster’s. For more information, contact Jordan Korris, Levin Management Corp., PO Box 326, Plainfield, NJ 07061; 908-226-5262, Fax 908-755-7194; Email: jkorris@levinmgt. com; Web site: www.levinmgt.com.
North Carolina Chapel Hill – Timberlyne Shopping Center, a 112,925 sq.ft. center located at the intersection of Martin Luther King Boulevard and Weaver Dairy Road, has spaces of 1,240 sq.ft., 4,567 sq.ft. and 7,517 sq.ft. available. Cotenants include Food Lion, Rite Aid, Pita Grill, Subway, Pizza Vito and Chelsea Theatre. Area demographics include a population of 32,443 within three miles earning $100,978 as the average household income. For more information, contact Nicholas Schuman-Werb, Rivercrest Realty Advisors, 800-992-4046; Email: nschuman@rivercrestrealty.com; Web site: www.rivercrestrealty.com. Southern Shores – The Marketplace, a 128,398 sq.ft. center located along North Croatan Highway, has spaces from 854 sq.ft. to 2,781 sq.ft. available. Cotenants include Food Lion, CVS, Dollar Tree, The UPS Store, Rita’s Water Ice, Starbucks and Verizon Wireless. Area demographics include a population of 2,416 within a five minute drive time earning $104,528 as the average household income. The average daily traffic count is 25,000 vehicles. For more information, contact Jim Perry or Temma Weissman, Ziff Properties, Inc., 200 Wingo Way, Suite 100, Mt. Pleasant, SC 29464; 252-441-3051/843-469-6820; Email: tweissman@zpi.net; Web site: www.zpi.net.
Pennsylvania
Pennsylvania
the average household income. The average daily traffic count is 33,000 vehicles. For more information, contact Benjamin Chiaro, Gordon Kauffman or Dylan Bauer, Rock Commercial Real Estate, 221 West Philadelphia Street, Suite 19, York, PA 17401; 717-854-5357, Fax 717-854-5367; Email: bchiaro@rockrealestate.net; Web Site: www.rockrealestate.net.
62,640 within five miles earning $68,960 as the average household income. The average daily traffic count is 22,027 vehicles. For more information, contact Joseph Amecangelo, R.J. Brunelli & Co., LLC, 400 Perrine Road, Suite 405, Old Bridge, NJ 08857; 732-721-5800; Email: jamecangelo@rjbrunelli.com; Web site: www.rjbrunelli.com.
Clarks Summit – A 4,160 sq.ft. former bank is available at the intersection of State Street and Winola Road. Scranton – A 3,600 sq.ft. space is available at the intersection of Moosic Street and Meadow Avenue. Cotenants include Dollar Tree and Jiffy Lube. For more information, contact Richard Feibus, Coldwell Banker Town and Country Properties, 651 Northern Boulevard, Clarks Summit, PA 18444; 570-587-5500; Email: cbcnepa@gmail.com; Web site: www.cbcworldwide.com.
Scranton – Southside Shopping Center, located at the intersection of South Washington Avenue and Elm Street, has spaces of 2,000 sq.ft., 6,000 sq.ft. and 6,500 sq.ft. available. Cotenants include Rite Aid, Dollar Tree, Sally Beauty Supply, H&R Block and McDonald’s. Area demographics include a population of 118,667 within five miles earning $51,178 as the average household income. The average daily traffic count is 15,000 vehicles. For more information, contact Paragon Management Group, LLC, 276 Post Road West, Suite 201, Westport, CT 06880; 888255-3188, Fax 203-221-7078; Web site: www.paragonct.com.
Exton – Festival at Exton, a 152,123 sq.ft. center located at the intersection of Lincoln Highway and Campbell Boulevard, has up to 12,000 sq.ft. of space available. Cotenants include Home Goods, Tires Plus, Dollar Tree, Dairy Queen, Bonefish Grill and FedEx Office. Area demographics include a population of 107,143 within five miles earning $115,873 as the average household income. The average daily traffic count is 21,231 vehicles. For more information, contact Nicole Johnson, Paramount Realty Services, Inc., 1195 Route 70, Lakewood, NJ 08701; 732-961-8123, Fax 732-886-1690; Email: njohnson@paramountrealty.com; Web site: www.paramountrealty.com.
Pennsylvania
Latrobe – Unity Village Shoppes, a 43,000 sq.ft. center located at the intersection of Sharkey’s Drive and Route 30, has up to 12,000 sq.ft. of inline space available. Cotenants include Aldi, Walgreens and Verizon Wireless. Area demographics include a population of 53,763 within seven miles earning $49,863 as the average household income. For more information, contact Yvonne Ewing, Echo Retail, 701 Alpha Drive, Pittsburgh, PA 15238; 412-963-5998; Email: yewing@echoretail.com; Web site: www.echoretail.com.
Bloomsburg – Shops at Lion’s Gate, located along Lions Gate Boulevard, has spaces from 1,597 sq.ft. to 11,680 sq.ft. available. Area demographics include a population of 29,886 within five miles earning $35,666 as
Pottstown – A 4,900 sq.ft. former Hess gas station is available along South Hanover Street. Area retailers include Giant, Namco, Monkey Joe’s and Rascal Fitness. Area demographics include a population of
Page 16 | March 28, 2014
Springfield – Springfield Shopping Center, located at the intersection of Route 1 and Route 320, has inline spaces of 2,264 sq.ft. and 2,400 sq.ft. available, along with up to 8,552 sq.ft. of endcap space. Cotenants include Staples, Giant and Sleepy’s. Area demographics include a population of 110,426 within three miles earning $96,083 as the average household income. For more information, contact David Goodman or Rob Samtmann, Equity Retail Brokers, 101 West Elm Street, Suite 370, Conshohocken, PA 19428; 484-4172219/2208, Fax 610-645-5454; Email: dgoodman@equityretailbrokers.com; Web site: www.equityretailbrokers.com.
Rhode Island South Kingstown – Crossing at the Tower, a 20,000 sq.ft. center located at the intersection of Moorsfield Road and Tower Hill Road, has spaces available. Cotenants include Bayview Pharmacy, Subway and Dunkin’ Donuts. Area demographics include a population of 46,409 within five miles earning $91,929 as the average household income. The average daily traffic count is 40,700 vehicles. For more information, contact Melanie Medeiros or Graham Smith, Blackline Retail Group, 617-553-1982/1980; Email: melanie@blacklinere.com; Web site: www.blacklinere.com. Dealmakers Magazine | www.dealmakers.net
SPACE PLACE South Carolina Myrtle Beach – Plantation Point Plaza, a 117,004 sq.ft. center located at the intersection of 38th Avenue North and Oleander Drive, has spaces from 2,038 sq.ft. to 4,128 sq.ft. available. Cotenants include Bi-Lo, The UPS Store, Great Clips, Party Maker, Ultra Tan and Firehouse Subs. Area demographics include a population of 38,898 within a ten-minute drive time earning $53,791 as the average household income. The average daily traffic count is 44,800 vehicles. For more information, contact Nicholas Schuman-Werb, Rivercrest Realty Investors, 800-992-4046; Email: nschuman@rivercrestrealty.com; Web site: www.rivercrestrealty.com.
Texas tgilley@woodcrestcapital.com; www.woodcrestcapital.com.
Texas Web
site:
San Antonio – A center located at the intersection of Highway 281 and N Loop 1604 East, has a space of 1,400 sq.ft. available. Cotenants include Eyemart Express, Complete Nutrition, Great Clips, Five Guys Famous Burgers & Fries and Sprint. The average daily traffic count is 120,000 vehicles. Also – A 2,840 sq.ft. freestanding former bank, with a drive-thru, is available along Walzem Road. Area retailers include
Rackspace Headquarters, Walmart, YMCA, Freedom Fitness and Melrose. The average daily traffic count is 50,212 vehicles. For more information, contact Dick McCaleb, RFM Commercial, Inc., 210-8260036; Email: dick@rfmcommercial.com. Terrell – Tanger Outlets, located at the intersection of Interstate 20 and State Highway 34, has pad sites from 0.42-acres to 12.86-acres available. Cotenants include Silver Saloon, McDonald’s, Wendy’s, (continued on page eighteen)
Tennessee Jackson – A 9,013 sq.ft. former freestanding Pier 1 Importants building is available along North Highland Avenue. Area retailers include T.J. Maxx, It’s Fashion, Dollar Tree and Regions Bank. Area demographics include a population of 55,023 within five miles earning $48,533 as the average household income. For more information, contact John Reed, The Shopping Center Group, 901-869-2720; Email: john.reed@tscg.com.
Texas Bee Cave – Hill Country Galleria, located at the intersection of Hill Country Boulevard and Bee Cave Road, has spaces from 3,000 sq.ft. to 5,000 sq.ft. available. Cotenants include Cinemark, Dillard’s, Francesca’s Collections, Dick’s Sporting Goods, Aeropostale, Banana Republic and Whole Foods Market. Area demographics include a population of 14,196 within three miles earning $154,985 as the average household income. For more information, contact Terri Seiler or Alison Barnwell, Live Oak Gottesman, 512-852-7427/7440; Email: terri@liveoak.com; Web site: www.liveoak.com. Plano – Legacy Plaza, a 56,800 sq.ft. center located at the intersection of Legacy Drive and Independence Parkway, has spaces of 510 sq.ft. and 4,793 sq.ft. available. Cotenants include Taj Grocers, Anytime Fitness and Metro PCS. Area demographics include a population of 154,695 within three miles earning $113,417 as the average household income. The average daily traffic count is 53,000 vehicles. For more information, contact Trent Gilley or Jordan Cluff, Woodcrest, 3113 South University Drive, Ft. Worth, TX 76109; 817-927-0500 Ext. 33/13; Email: Dealmakers Magazine | www.dealmakers.net
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SPACE PLACE Texas (continued from page seventeen)
Starbucks, Waffle House, Sonic and Schlotzsky’s. Area demographics include a population of 20,993 within five miles. For more information, contact Janine Farris, Tanger Outlet Centers, Inc., 3200 Northline Avenue, Suite 360, Greensboro, NC 27408; 336-834-6845, Fax 336-2922091; Email: jmfarris@tangeroutlet.com; Web site: www.tangeroutlet.com; or Danny Booth, Terrell Economic Development Corp., 1314 West Moore Street, Terrell, TX 75160; 972-524-5704, Fax 972-563-2363; Email: danny@terrelltexas.com; Web site: www.terrelltexasedc.com.
Virginia Falls Church – Eden Center, a 327,000 sq.ft. center located at the intersection of Wilson Boulevard and Roosevelt Street, has a 77,120 sq.ft. space available. Area demographics include a population of 503,137 within five miles earning $114,419 as the average household income. Purcellville – Catoctin Corner, located at the intersection of Berlin Pike and East Main Street, has pad sites available.
Virginia
Virginia
Area retailers include Harris Teeter, Pet Valu and Jersey Mike’s. Area demographics include a population of 37,356 within five miles earning $126,043 as the average household income. For more information regarding Eden Center, contact Marty Flax, Renaud Consulting, 8605 Westwood Center Drive, Suite 309, Vienna, VA 22182; 571-7654422; Email: mflax@renaudconsulting.net; Web site: www.renaudconsulting.net. For more information regarding Catoctin Corner, contact Mark Fontaine or Sam Chapman, 571-765-4412/703-404-2346; Email: mfontaine@renaudconsulting.net.
Callohill Drive and State Route 29, has a space of 1,200 sq.ft. available. Cotenants include Food Lion, Family Dollar, Subway and Anytime Fitness. Area demographics include a population of 10,830 within ten miles earning $42,309 as the median household income. The average daily traffic count is 13,000 vehicles. For more information, contact Cedar Realty Trust, 44 South Bayles Avenue, Port Washington, NY 11050; 856-2188677, Fax 856-218-8678; Web site: www. cedarrealtytrust.com.
Leesburg – South King Street Center, located along South King Street, has spaces from 1,280 sq.ft. to 3,427 sq.ft. available. Cotenants include Juliano’s Pizza and John Marshall Bank. For more information, contact Chris Pamboukian, Terra Partners, 703-796-1800 Ext. 105; Email: chris@tetrapartners.com; Web site: www.tetrapartners.com. Lovingston – Annie Land Plaza, a 42,500 sq.ft. center located at the intersection of
Sterling – Regal Center, located at the intersection of Route 7 and Davenport Drive, has a space of 2,271 sq.ft. available. Cotenants include UFC Gym, BB&T, 7-Eleven, Domino’s, Firehouse Subs and Cheng’s. Area demographics include a population of 165,432 within five miles earning $108,507 as the median household income. The average daily traffic count is 75,000 vehicles. For more information, contact Tricia Mangum, Rock Creek Property Group, 202835-1206; Email: tmangum@rockcreekpg.com; D Web site: www.rockcreekpg.com. M
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