Dealmakers Magazine | March 30, 2012

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Reporting The Nation’s Weekly News on Retailing & Retail Real Estate

Volume XXVII No. XIII

March 30, 2012

Home-Related Chains Expand Nationwide Ace Hardware Corp. trades as Ace Hardware at 4,600 location nationwide and internationally. The home improvement stores, offering tools, hardware, electrical, plumbing, paint and automotive items, home accents, in addition to outdoor furniture and products, occupy spaces of 8,000 sq.ft. to 12,000 sq.ft. in freestanding locations and endcaps of neighborhood shopping centers. Growth opportunities are sought throughout AL, AR, FL, GA, southern IL, KS, KY, LA, MO, MS, OK, TN, TX and WV during the coming 18 months. Typical leases run 10 years with options. A land area of 1.3 acres is required for freestanding locations. The company will also consider new construction opportunities. For more information, contact Shawn Robertson, Ace Hardware Corp., 380 Dahlonega Street, Suite 212, Cumming, GA 30040; 770205-2881; Email: srobe1@acehardware.com; Web site: www.myace.com. Fuller & Son Hardware trades as Fuller & Son Hardware & Lumber at five locations throughout Little Rock, AR. The stores, offering power and hand tools, and cabinet, door, restoration and do-it-yourself hardware products, occupy spaces of 10,000 sq.ft. in strip centers. Growth opportunities are sought throughout AR during the coming 18 months. For more information, contact Bobby Fuller, Fuller & Son Hardware, 7311 Baseline Road, Little Rock, AR 72209; 501-604-7575, Fax 501562-2271; Web site: www.fullerandson.com.

Innovative Mattress Solutions trades as Sleep Outfitters, Mattress Warehouse and Mattress Unlimited at 130 locations throughout IN, KY, OH, TN and WV. The stores, offering mattresses and home bedding items, occupy spaces of 4,000 sq.ft. to 6,000 sq.ft. in freestanding locations and power centers. Plans call for 45 openings throughout the existing markets during the coming 18 months, with representation by Equity, Inc. Typical leases run five years. A vanilla shell is required. Preferred demographics include a population of 40,000 within five miles earning $40,000 as the average household income. For more information, contact Kelly Gray or Tracey Herron, Equity, Inc., 9240 B Marketplace, Dayton, OH 45342; 937-291-1179; Web site: www.innovativemattresssolutions.com. Cole’s Hardware, Inc. trades as Cole’s Hardware at 11 locations throughout PA. The stores, offering hardware products, including tools, housewares, electrical, plumbing and paint supplies, as well as lawn and garden and seasonal items, occupy spaces of 12,000 sq.ft. to 15,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing market during the coming 18 months. A land area of two acres is required. For more information, contact Greg Cole, Cole’s Hardware, Inc., 5 Enterprise Drive, Danville, PA 17821; 570-275-5367, Fax 570275-1386; Web site: www.coleshardware.com. (continued on page nine)

This issue contains information on:

* Retailers operating 83,586 locations with plans to open 1,237 sites * Real estate valued in excess of $296 million to be bought, sold & financed * Leasing activity on over 6 million sq.ft. of retail properties

Important News Please Expedite

Postmaster: Periodical

Featuring ICSC Gulf South Idea Exchange New Construction GBT Realty Corp. is developing a 122,000 sq.ft. mixed-use project in Athens, GA............. Pg. 3 Openings Hot Head Burritos plans to open as many as 25 locations nationwide by year’s end....... Pg. 6 Energy Kitchen, through franchisees, projects opening 21 units this year................... Pg. 6 Food Retailers Expand O&M Restaurant Group plans to open five units in northern LA, OK and northern TX........ Pg. 7 Buyers and Sellers Riser Retail Group is selling a 60,638 sq.ft. center in Jackson, MS at a 10.3% Cap rate........................................ Pg. 8 Exclusives Thurs & Associates is repping GFS Marketplace in southern FL.......................................... Pg. 8 In the News DLC Management appointed Jonathan Wigser as chief investment officer.................. Pg. 9 Lease Signings Big Lots inks deal for 30,000 sq.ft. in Delray Beach, FL....... Pg. 10 Lead Sheet Gordman’s Stores to continue growth in MS and other existing markets..................... Pg. 11 Great Escapes Theatres looks for growth opportunities east of the Rocky Mountains......... Pg. 12 Sources of Financing REG Funding, LLC provides recourse and non-recourse financing............................... Pg. 16 Space Place........................... Pg. 16

For more news go to: www.dealmakers.net Mobile Access Code: icscgulf2012


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