Dealmakers Magazine | April 1, 2011

Page 1

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

Volume XXVI No. XIII

April 1, 2011

Home-Related Chains Expand Nationwide Mor Furniture for Less, Inc. trades as Mor Furniture for Less at 20 locations throughout AZ, CA, ID, NM, NV, OR and WA. The home furnishings stores occupy spaces of 40,000 sq.ft. to 60,000 sq.ft. in freestanding locations and power and value centers. Growth opportunities are sought throughout CA, OR and WA during the coming 18 months. Typical leases run 10 years. A vanilla shell is required. Preferred cotenants include Home Depot, Ross Dress for Less, Target and Walmart. Preferred demographics include a population of 400,000 within 25 miles earning $50,000 as the average household income. For more information, contact Rick Haux Sr., Mor Furniture for Less, Inc., 8996 Miramar Road, Suite 310, San Diego, CA 92126; 858547-1616 Ext. 301, Fax 858-547-1613; Web site: www.morfuniture.com. Builders Discount Centers, Inc. trades as Builders Discount Center at 11 locations throughout NC and VA. The stores, offering building materials, occupy spaces of 60,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout NC, SC and VA during the coming 18 months. The company prefers to acquire sites but will consider leasing spaces. For more information, contact Glenn Perry, Builders Discount Centers, Inc., 1261 South Wesleyan Boulevard, Rocky Mount, NC 278034505; 252-442-2674, Fax 252-442-8059; Email: bdcgp@suddenlinkmail.com; Web site: www.buildersdiscount.net.

Royal Crown Leasing, Inc. trades as RentAmerica at 15 locations throughout NC and SC. The stores, offering rent-to-own furniture, electronics, appliances and computers, occupy spaces of 4,000 sq.ft. in strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run three to five years. Preferred cotenants include Food Lion, Cato Fashions and Shoe Show. Preferred demographics include a population of 75,000 within 25 miles earning $40,000 to $80,000 as the average household income. Major competitors include Aaron’s and Rent-A-Center. The company is also planning to relocate existing stores during the coming 18 months and prefers sites with a common wall dividing the showroom and stockroom. For more information, contact Larry Tinney, Royal Crown Leasing, Inc., 5408 Yadkin Road, Fayetteville, NC 28303; 910-864-5778, Fax 910864-4790. Sit N Sleep operates 26 locations throughout southern CA. The stores, offering mattresses, box springs and related items, 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, Gardena, CA 90248; 310-608-6838 Ext. 1800, Fax 310-767-7884; Web site: www.sitnsleep.com. (continued on page seven)

This issue contains information on:

* Retailers operating 47,964 locations with plans to open 2,639 sites * Real estate valued in excess of $78.8 million to be bought, sold & financed * Leasing activity on over 4 million sq.ft. of retail properties

Important News Please Expedite

Postmaster: Periodical

Featuring ICSC Fusion Conference New Construction Stoltz is preleasing a 460,000 sq.ft. project in Wilmington, DE......................................... Pg. 3 Sources of Financing REG Funding, LLC provides financing for retail, industrial, office and multifamily properties.............................. Pg. 4 Buyers and Sellers Interchange Development, LLC is selling a 10-acre parcel in Concord, NH..................... Pg. 4 Marcus & Millichap is selling a 79,405 sq.ft. center in Rio Grande, NJ............................ Pg. 8 Openings Dollar General Corp. to open 625 locations nationwide this year................................. Pg. 5 In the News Zifkin Realty Group, LLC hired Michael Karpik as senior vice president and director of operations............................. Pg. 6 Lease Signings SRS Real Estate Partners negotiated a lease with Dick’s Sporting Goods in El Cajon, CA.............................. Pg. 6 Exclusives The Shopping Center Group named leasing agent for a 300,000 sq.ft. power center in Miami, FL.......................... Pg. 7 Food Retailers Expand Cheeburger Cheeburger expanding throughout 20 states nationwide................... Pg. 9 Lead Sheet Gordman’s Stores plans to enter into UT......................... Pg. 12 Ollie’s Bargain Outlet to enter into SC and TN markets......... Pg. 12 Space Place........................... Pg. 16

For more news go to: www.dealmakers.net Mobile Access Code: fusion2011


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New Construction Buchanan Partners, with The Pinkard Group, is developing a 65,000 sq.ft. mixeduse project in the Old Town North section of Alexandria, VA. The site will feature a 51,500 sq.ft. Harris Teeter grocery store and a 175-unit multifamily component. Construction on the project is slated to begin during the second quarter of next year, with a 2014 opening projected for the Harris Teeter store. For more information, contact Buchanan Partners, 9841 Washington Boulevard, Suite 300, Gaithersburg, MD 20878; 301-417-0510; Web site: www.buchananpartners.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............................................... Adam Taliercio adamt@dealmakers.net Customer Service....................... Bridget Thoresen custserv@dealmakers.net Founder..................................................... Ted Kraus 1979–2007

The Dealmakers (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. TM

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 086900630. Periodical postage paid at Trenton, NJ and at additional mailing offices. Affiliated with Tenant Search, E.S.P., E-Blast Copyright 2011 by TKO Real Estate Advisory Group Inc. 609-587-6200, fax 609-587-3511.

Stoltz is preleasing The Shops at Brandywine Valley, a 460,000 sq.ft. mixed-use project located at the intersection of Route 202/ Concord Pike and Route 92/Naamans Road in Wilmington, DE. The project will feature a 94,000 sq.ft. retail component, a 136,000 sq.ft. medical component, a 49unit residential component and an 80,000 sq.ft. office and hospitality component. Area retail includes Brandywine Towne Center, Concord Mall, Barnes & Noble and Best Buy. Area demographics include a population of 121,988 within five miles earning $111,860 as the average household income. The average daily traffic count is 65,736 vehicles. The company is also preleasing New Castle Town Center, a 465,250 sq.ft. project located at the intersection of Route 273/Christiana Road and Route 13/Dupont Highway in New Castle, DE. Area demographics include a population of 453,372 within 10 miles earning $79,835 as the average household income. The average daily traffic count is 94,635 vehicles. For more information regarding The Shops at Brandywine Valley, contact Gloria Mercado, Stoltz, 725 Conshohocken State Road, Bala Cynwyd, PA 19004; 888777-3557 Ext. 155, Fax 610-664-1976; Email: gmercado@stoltzusa.com; Web site: www.stoltzusa.com. For more information regarding New Castle Town Center, contact Mark Curcio or Joseph S. Soussana; 888-777-3557 Ext. 150 or 847-9669240; Emails: mcurcio@stoltzusa.com and jsoussana@stoltzusa.com. WiRED Properties is developing Ravenna, a four-story, mixed-use building situated on 0.55 acres along Oakland Avenue in Shorewood, WI. The project will feature a 7,500 sq.ft. retail component and a 22unit multifamily component. Cotenants include Performance Running Outfitters. Construction on the project is slated to begin next month. For more information, contact Blair Williams, WiRED Properties; 414803-9699, Fax 888-877-9672; Email: blair@wiredproperties.com; Web site: www.wiredproperties.com. Stiles Corp. is developing a two-story retail center located along Biscayne Boulevard in the Omni area of Miami, FL. Publix will anchor the center and is slated to open during March of next year. For more information, contact Stiles Corp., 301 East Las Olas Boulevard, Ft. Lauderdale, FL 33301; 954-627-9300, Fax 954-6279386; Email: info@stiles.com; Web site: www.stiles.com. www.dealmakers.net

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United Equities, Inc. is preleasing LuAnn Plaza, an 18,900 sq.ft. strip center located at the intersection of Bellaire Boulevard and Hillcroft Avenue in Houston, TX. Spaces of 900 sq.ft.; 1,500 sq.ft. and 4,400 sq.ft. are available. Cotenants include China Star Buffet. Area retail includes Fiesta, Famsa, AutoZone, Walgreens, EZ Pawn, CiCi’s Pizza, 99 Cents Only Store and Payless ShoeSource. Area demographics include a population of 507,677 within five miles earning $88,097 as the average household income. The average daily traffic count is 114,311 vehicles. The asking rent is $25 psf with CAM of $3 psf and taxes of $1.50 psf. The project is slated to open during June. For more information, contact Doug Freedman, United Equities, Inc., 4545 Bissonnet, Suite 100, Bellaire, TX 77401; 713-772-6262, Fax 713-981-4035; Email: dfreedman@unitedequities.com; Web site: www.unitedequities.com. Orchid Bay Development, LLC is developing Orchid Bay Plaza, a 55,000 sq.ft. strip center situated on five acres at the intersection of Westwood Boulevard and International Drive in Orlando, FL. Spaces of 1,250 sq.ft.; 2,500 sq.ft. and 5,000 sq.ft. are available along with outlots. Area demographics include a population of 1.5 million within 10 miles earning $65,000 as the average household income. The average daily traffic count is 35,000 vehicles. The asking rent is $25 psf with CAM of $4 psf and taxes of $1 psf. Construction on the project is slated to begin during August with an opening projected for January of next year. For more information, contact Joe Russo, Orchid Bay Development, LLC, 7932 West Sand Lake Road, Orlando, FL 32818; 407226-8888 Ext. 102, Fax 407-226-8899; Email: jrusso@ph-dev.com; Web site: www.ph-dev.com. The Real Estate Group, Inc. is preleasing Legacy Pointe Strip Center, a 23,000 sq.ft. strip center situated on 2.79 acres at the intersection of MacArthur Boulevard and Legacy Pointe Drive in Springfield, IL. Space is available. Cotenants include Yougurt LOI. Area retail includes a future Scheels Sports. The asking rent is $15.50 psf with CAM from $3 psf to $4 psf and taxes of $2.75 psf. Construction on the center began this month and an opening is slated for October. For more information, contact Bill Marriott Jr., The Real Estate Group, Inc., 3701 West Wabash Avenue, Springfield, IL 62711; 217-741-0198, Fax 217-787-7779; Email: marriottjr@comcast.net; Web site: www.thegroup.com. DM

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Buyers and Sellers

Sources of Financing George Smith Partners arranged $19.7 million in financing on behalf of Doerken Properties, Inc. for the refinancing of Citrus Marketplace, a 101,000 sq.ft. center located in Walnut Creek, CA. Tenants at the center include Nob Hill Foods, BevMo!, Bank of America, U.S. Postal Service, Panda Express and Carl’s Jr. The loan was secured for a 10-year term with a 5.69% interest rate, and featured a 30-year amortization schedule and a 70% loan-to-value ratio. The company provides financing for the acquisition and construction of commercial and residential properties, offering bridge, permanent and mezzanine loans as well as joint venture equity. For more information, contact George Smith Partners, MGM Tower, 10250 Constellation Blvd., Suite 2700, Los Angeles, CA 90067; 310-557-8336; Fax 310-5571276; Web site: www.gspartners.com. Cronheim Mortgage arranged $12 million in financing on behalf of Serota Properties for Wading River Shopping Center, a 99,100 sq.ft. center located in Wading River, NY anchored by King Kullen and CVS. For more information, contact Andrew Stewart or Devyani Morris, Cronheim Mortgage, 205 Main Street, PO Box 807, Chatham, NJ 07928; 973-635-6800; Emails: andrew.stewart@cronheimmortgage.com and dev.morris@cronheimmortgage.com; Web site: www.cronheimmortgage.com. Aztec Group, Inc. secured $3.5 million in financing for a mixed-use building featuring retail and residential components along M Street in the Georgetown area of Washington, DC. Georgetown Cupcake and Qdoba Mexican Grill anchor the building. The loan featured a 10-year term with a fixed interest rate, a 30-year amortization schedule and a 60% loan-to-value ratio. For more information, contact Howard Taft or Charles Penan, Aztec Group, Inc., 2665 South Bayshore Drive, Penthouse 2A, Coconut Grove, FL 33133; 305-9388619/8621; Emails: htaft@aztecgroup.com and cpenan@aztecgroup.com; Web site: www.aztecgroup.com. REG Funding, LLC provides financing for retail, industrial, office and multifamily properties. Construction financing is available for commercial properties, including owneroccupied and small business construction loans for amounts below $5 million. Bridge and hard money financing are also available. For more information, contact Rick Gutierrez, REG Funding, LLC; 832-435-4033; Email: rick@regfunding.com. DM page 4

April 1, 2011

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Calkain Cos. is selling a 10,722 sq.ft. CVS situated on 1.168 acres along Nolensville Pike in Nashville, TN. The tenant is bound to a 20-year NN lease set to expire during April 2016 featuring four, five-year options and rent escalations at each option. Area retail includes Bank of America, AutoZone, Wendy’s, Advance Auto, Lowe’s Home Improvement and Food Lion. The NOI is $174,769. The asking price is $1.6 million with a Cap rate of 10.92%. The company is also selling Affordable Dentures locations in Columbia, SC; Forsyth, IL and Tyler and Waco, TX. The tenants are bound to leases set to expire during 2019 or 2020 featuring two, five-year options. The asking price is $1.03 million for the Columbia property, $1.168 million for the Forsyth site, $1.086 million for the Tyler property and $1.064 million for the Waco location with a Cap rate of 8.75%. For more information regarding the CVS, contact Guenter Manczur, Calkain Cos.; 813282-6000; Email: gmanczur@calkain.com; Web site: www.calkain.com. For more information regarding the Affordable Dentures properties, contact Patrick Nutt; Email: pnutt@calkain.com. RDO Investments, LLC is selling U.S. Bank Center, located in Bismarck, ND. The asking price is $4.1 million with a Cap rate of 8.11%. The company is also selling a net-leased Panera Bread located in Grand Rapids, MI. The asking price is $1.658 million with a Cap rate of 7.9%. For more information, contact Ryan O’Connell, RDO Investments, LLC, 3810 East Coolidge Street, Phoenix, AZ 85018; 602-595-4000; Email: ryan.oconnell@rdoinvestments.com; Web site: www.rdoinvestments.com. Matanky Realty Group, on behalf of a client, is selling a 13,375 sq.ft. retail building located along East 79th Street in Chicago, IL. The building features a 5,000 sq.ft. basement and a loading dock. For more information, contact James Matanky, Matanky Realty Group, 200 North LaSalle Street, Suite 2350, Chicago, IL 60601; 312-337-1001, Fax 312-337-5996; Web site: www.matanky.com. Interchange Development, LLC is selling a 10-acre parcel located at the intersection of Route 4 and Whitney Road in Concord, NH. For more information, contact Laurie Rauseo, Interchange Development, LLC, 2 Whitney Road, Suite 1, Concord, NH 03301; 603-783-0400, Fax 603-783-4851; Email: info@concordcrossing.com; Web site: www.concordcrossing.com.

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NAI Michael is selling a six-acre parcel located along Matapeake Business Drive in Brandywine, MD. Area retail includes Target, Bonefish Grill, Jo-Ann Fabrics, Marshalls and Costco. Area demographics include a population of 54,824 within five miles earning $95,151 as the average household income. The asking price is $1.96 million. The company is also selling a 6.24acre parcel located at the intersection of Old Alexandria Ferry Road and Woodyard Road in Clinton, MD. Area retail includes Clinton Village Mart, featuring Subway and AutoZone; Clinton Park Shopping Center, featuring Checkers, Toys “R” Us, Giant, Popeye’s, Sears and The Little Gym, and Woodyard Crossing, featuring Walmart, Lowe’s Home Improvement, Staples, Safeway and Starbucks. Area demographics include a population of 116,148 within five miles earning $92,989 as the average household income. The asking price is $1.75 million. For more information, contact Jeffrey D. Ludwig or Barbara Richman-Kahn, NAI Michael, 10100 Business Parkway, Lanham, MD 20706; 301-918-2923/2952, Fax 301459-1533; Emails: jludwig@naimichael.com and brichman@naimichael.com; Web site: www.naimichael.com. Colliers International|Greater Cincinnati negotiated the sale of Bigg’s Place Mall, a 402,786 sq.ft. power center situated on 40.627 acres in the Eastgate area of Cincinnati, OH. Union Township Clermont County CIC, Inc. acquired the property from JPMCC 2006-LDP6 Eastgate Boulevard, LLC for $7.5 million. At the time of sale, the center was 43% occupied with tenants including Hobby Lobby, Regency Beauty, Original Mattress Factory, Danberry’s Cinemas and Rincon Mexican Restaurants. The company represented the seller in the transaction. For more information, contact Colliers International|Greater Cincinnati, 425 Walnut Street, Suite 1200, Cincinnati, OH 45202; 513721-4200; Web site: www.colliers.com. Brauvin Real Estate recently acquired the following properties: an Aaron’s located in Shreveport, LA for $1.265 million; a CVS located in Smyrna, GA for $2.12 million; a CVS located in Canal Winchester, OH for $1.32 million and a Tractor Supply Co. located in Cedar Park, TX for $2.626 million. For more information, contact Mark C. Lewensohn or Eric Saltzman, Brauvin Real Estate, 205 North Michigan Avenue, Suite 1900, Chicago, IL 60601; 312-759-7662/ 7668; Emails: mlewensohn@brauvin.com and esaltzman@brauvin.com. (continued on page eight)


Who’s Opening and Where hhgregg, Inc. (317-848-8710) plans to open the following hhgregg stores throughout FL: in a former Linens ‘N Things at Bal Harbour Square, located along Federal Highway in Ft. Lauderdale; in a former Albertsons at Pine Trail Square, located along Military Trail in West Palm Beach; a 32,722 sq.ft. site in a former Circuit City at The Shoppes of Plantation Acres, located along Sunrise Boulevard in Plantation; at The Shoppes of Wellington Green, located along Forest Hill Boulevard in Wellington, and in a former Ethan Allen along South Dixie Highway in Pinecrest. The Ft. Lauderdale, West Palm Beach and Plantation stores are all slated to open by the middle of the year. The company currently operates 173 locations nationwide throughout 15 states, and plans to open 43 hhgregg locations this year and 35 to 45 next year throughout Miami, FL; Chicago, IL and western PA. Ross Stores, Inc. (925-965-4400) may open a 30,000 sq.ft. Ross Dress for Less at Adams Dairy Landing, a 600,000 sq.ft. development situated on 65 acres at the intersection of Interstate 70 and Adams Dairy Parkway in Blue Springs, MO. The company also plans to open a store at Prewitts Point Lake of the Ozarks, located at the intersection of U.S. Highway 54 and MO Highway 42 in Osage Beach, MO. The openings will be the company’s first in the state. The company currently operates 1,055 stores nationwide throughout 27 states, including 988 Ross Dress for Less stores and 67 dd’s Discounts locations. The Kroger Co. (513-762-4000) plans to open a 104,000 sq.ft. Kroger along Highway 51 in Madison, MS. The store is replacing an existing, smaller Kroger that has been demolished to accommodate the new location. The store will be one of the company’s largest in the state and will feature a bistro, gasoline facilities and a larger selection of products than the original location. The store is slated to open during late September or early November. H-E-B (210-938-8357) plans to open an H-E-B Plus store along North Main Street between Sparta Road and Lake Road in Belton, TX. The store will replace an existing, smaller location along North Main Street that will close upon the opening of the new site. The store is slated to open during November. O’Reilly Automotive, Inc. (417-862-3333) plans to open 170 O’Reilly Auto Parts stores nationwide this year, having opened 156 locations during 2010. The company currently operates 3,570 stores nationwide.

Whole Foods Market, Inc. (512-4774455) will open a 40,000 sq.ft. Whole Foods Market grocery store at Marlboro Commons, a 120,000 sq.ft. center located at the intersection of Route 9 and Route 520 in Marlboro, NJ. The store is slated to open next year. The company also plans to open a store at The Shops at Marcus Dairy, a 78,000 sq.ft. shopping center to be developed at the junction of Interstate 84 and Route 7 in Danbury, CT. The store is slated to open within the coming 18 months. The chain of specialty supermarkets currently operates 270 locations nationwide and throughout the United Kingdom. Target Corp. (612-304-6073) will open a 125,000 sq.ft., two-story Target store at Sullivan Center, a former Carson Pirie Scott building located along State Street in Chicago, IL. The store will be in the company’s CityTarget concept, which consists of smaller-format stores in urban areas. The location is slated to open during October of next year and will be the company’s 11th in the city. The company operates 1,752 locations nationwide throughout 49 states. Five Guys Enterprises, LLC (703-339-9500) will open a Five Guys Famous Burgers and Fries restaurant in part of an 11,000 sq.ft. former Silver Falls Bank located at the intersection of Commercial Street and Vista Avenue Southeast in Salem, OR. The opening will be the company’s second in Salem. The company currently operates 620 locations nationwide throughout 48 states. The Disney Store (866-902-2798) plans to open more than 25 new and remodeled locations this year, including entires into six new markets throughout North America and in three European countries. The company currently operates more than 350 locations worldwide. Dollar General Corp. (615-855-4000) will open a Dollar General store in part of a former Circuit City located along South Quintard Avenue in Anniston, AL. The store will be the company’s 14th in Calhoun County, AL. The company currently operates 8,800 stores nationwide throughout 35 states, and plans to open 625 locations nationwide during the year. Build-A-Bear Workshop (877-789-2327) plans to open three to five stores net of closings this year. The company will also test locations in nontraditional sites, including a store in the Orlando Airport in Orlando, FL slated to open in May, and a location within a children’s hospital in Ft. Worth, TX. www.dealmakers.net

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Urban Outfitters, Inc. (215-454-5500) will open an Anthropologie at Westfarms Mall, located in Farmington, CT. The store is slated to open during November and will be the company’s fourth in the state. The company also plans to open a Free People store at the mall next month, which will be the company’s second in the state. The company trades as Urban Outfitters, Anthropologie, Free People, Leifsdottir and Terrain. True Religion will also open a location at the mall during August. The stores will join Macy’s at the center. Menard, Inc. (715-876-5911) plans to open a 160,000 sq.ft. Menards home improvement store on 20 acres at Columbus Corporate Center, located in Columbus, OH. Construction on the store is slated to begin during the spring. The opening will be the company’s second in the city, following another location slated to open earlier this spring. Academy Sports & Outdoors (888-9222336) will open an 87,000 sq.ft. store at the intersection of Campbell Avenue and James River Freeway in Springfield, MO. The store is slated to open during October and will be the company’s second in the state. PetSmart, Inc. (623-580-6100) plans to open a PetSmart store at Mattoon Marketplace, located at the intersection of State Road 16 and Interstate 57 in Mattoon, IL. The store is slated to open during the fall and will join Buffalo Wild Wings, Hibbett Sports, Dollar Tree and Aspen Dental at the center. 7-Eleven, Inc. (972-828-0711) will open a 7-Eleven convenience store in part of a 6,800 sq.ft. former Blockbuster Video located at the intersection of Horsetooth Road and South College Avenue in Ft. Collins, CO. The company currently operates 6,000 locations nationwide, 4,700 of which are franchised locations. Loblaw Cos., Ltd. (905-459-2500) will open its flagship Joe Fresh apparel store along Fifth Avenue in Manhattan, NY during the fall. The company also plans to open four locations throughout NY during the year, as well as four stores throughout Canada. American Girl, LLC (608-836-4848) plans to open a 12,500 sq.ft. American Girl store at Alderwood Mall, located in Lynwood, WA. The store is slated to open during the summer and will be the company’s first in the northwestern U.S. and its 10th nationwide. The locations offer dolls and accessories, as well as apparel and books. DM

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Real Estate Professionals Making the News Stan Johnson Co. (918-494-2690 or 312240-0127) hired Andrew Ragsdale as an associate at the company’s Tulsa, OK office. He will specialize in the sale and acquisition of net-leased properties. Prior to joining the company, he served as an attorney at James, Potts & Wulfers, and as a commercial real estate broker at Grubb & Ellis. The company also hired Julianna Clementi-Ryan as an associate at the company’s Chicago, IL office. She will specialize in the sale and acquisition of net-leased properties. Prior to joining the company, she served as vice president of sales for NES Financial Corp. The company is a commercial real estate brokerage and advisory firm. Grosvenor Americas (215-575-3700) named James E. Hyman to the company’s board of directors, where he will serve as a non-executive director. Prior to joining the company, he served as chairman, president, CEO and director of Cornell Cos., Inc., a provider of corrections, education, rehabilitation and treatment services for adults and youth based in Houston, TX. The company is a real estate investment and development firm handling retail, residential, office, hotel and industrial properties throughout metropolitan areas nationwide and in Canada. Zifkin Realty Group, LLC (312-575-8650) hired Michael Karpik as senior vice president and director of operations. Prior to joining the company, he served as president of men’s apparel retailer Bigsby & Kruthers, and president and CEO of Chernin’s Shoe Zone. The company is a full-service commercial real estate firm based in Chicago, IL offering retail and office tenant and landlord representation and property and asset management services. Metro Commercial Real Estate, Inc. (856866-1900) hired Perry S. GraBois as a member of the company’s brokerage team. He will focus on representing first-class national retailers and leasing shopping centers throughout central and northern NJ. Prior to joining the company, he served at Fameco Real Estate and as a leasing agent at Garrick-Aug Associates. The company is a full-service retail real estate firm specializing in tenant representation, shopping center leasing, property management and investment property sales throughout NJ and PA. DM

April 1, 2011

Mid-America Real Estate – Wisconsin, LLC (414-273-4600) negotiated a lease with Save On Cigarettes for 1,246 sq.ft. at Racine Center, located along Washington Avenue in Racine, WI. The company represented the landlord in the transaction. The company also negotiated a lease with Verizon Wireless for 1,353 sq.ft. along West Good Hope Road in Milwaukee, WI. The company represented the tenant in the transaction. The company also negotiated a lease with Polished, A Nail Boutique for 1,409 sq.ft. at Autumn Grove Plaza, located along West Bluemound Road in Elm Grove, WI. The company represented the landlord in the transaction. The company also negotiated a lease with Jersey Mike’s Subs for 1,452 sq.ft. at The Shoppes at Fox River, located along West Sunset Drive in Waukesha, WI. The company represented the landlord in the transaction. The company also negotiated a lease with Outpost Gaming for 1,536 sq.ft. and a lease renewal with RadioShack at Indian Trail Plaza, located at the intersection of Green Bay Road and 67th Street in Kenosha, WI. The company also negotiated a lease with Massage Envy for 3,300 sq.ft. at One Mayfair Place, located along Mayfair Road in Wauwatosa, WI. The company represented the landlord in the transaction. The company also negotiated a lease with Aspen Dental for 3,321 sq.ft. at Mt. Pleasant Shops, located at the intersection of Durand Avenue and Green Bay Road in Mt. Pleasant, WI. The company represented the tenant in the transaction. The company also negotiated a lease with Michaels for 21,300 sq.ft. along South Green Bay Road in Racine, WI. The company represented the landlord and the tenant in the transaction.

R.J. Brunelli & Co., Inc. (732-721-5800) negotiated a lease with European Wax Center for 1,510 sq.ft. at Mercer Mall, a 501,000 sq.ft. center located at the intersection of Route 1 and Quakerbridge Road in Lawrenceville, NJ. The center is anchored by ShopRite, Raymour & Flanigan and Bed Bath & Beyond. The company also negotiated a lease with European Wax Center for 2,000 sq.ft. at Shrewsbury Plaza, a 225,000 sq.ft. center located at the intersection of Route 35 and Shrewsbury Avenue in Monmouth County, NJ. Cotenants at the center include Marshalls, Acme, A.C. Moore, Jo-Ann Fabrics, Panera Bread and Massage Envy. The company represented the tenant in the transactions. The company also negotiated a lease with Sally Beauty Supply for 1,500 sq.ft. at a center located at the intersection of Route 130 South and Hightstown Road in East Windsor, NJ. Cotenants at the center include CVS, Dollar Tree and Party Fair. The company represented the tenant in the transaction. The company also negotiated a lease with Play N Trade for 1,750 sq.ft. at a 109,400 sq.ft. center located along Franklin Turnpike in Mahwah, NJ. Cotenants at the center include Dunkin’ Donuts, The UPS Store, Blimpie, Verizon Wireless, GNC, Hallmark and Dairy Queen. The company represented the tenant in the transaction. The company also negotiated a lease with The Turning Point for 3,500 sq.ft. at The Marketplace, a 320,000 sq.ft. center located at the intersection of Route 70 and Sharrock Street in Brick Township, NJ. Cotenants at the center include Costco, Christmas Tree Shops, Dick’s Sporting Goods and Staples. The company represented the tenant in the transaction.

Neal Realty & Investments (954-5680530) negotiated a 10-year lease with Fort Lauderdale Bierhaus for a 11,906 sq.ft. building located along East Commercial Boulevard in Ft. Lauderdale, FL. The company represented both the tenant and the landlord, Dickerson Enterprises, Inc., in the transaction.

Taylor Long Properties Commercial Real Estate (804-864-9788) negotiated a 10-year lease with Show Time Investment Group, LLC for a 1,200 sq.ft. The UPS Store at Hancock Village Shopping Center in Chesterfield, VA. The company represented the landlord, EDCO, LLC, in the transaction. The company also negotiated a five-year lease with Barber Shop for 1,600 sq.ft. at Laburnum Park Shopping Center in Richmond, VA. The company represented the landlord, PCS Laburnum, LLC, in the transaction.

Metropolitan Realty Associates, LLC (516222-2616) negotiated a lease with BJ’s Wholesale Club for 121,000 sq.ft. at Garden City Square, a 335,000 sq.ft mixed-use center located along Stewart Avenue in Garden City, NY. The company represented the landlord and Ripco Realty represented the tenant in the transaction. Transwestern Retail (202-775-7000) negotiated a lease with South Block Blends for space at Clarendon Center, located in Clarendon, VA. The company represented the tenant in the transaction.

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SRS Real Estate Partners (949-698-1100) negotiated a lease with Dick’s Sporting Goods for 42,000 sq.ft. at Westfield Parkway Plaza in El Cajon, CA. illi Commercial Real Estate (818-501-2212) negotiated a five-year lease with ASA Wireless for 975 sq.ft. at Cornell Plaza in Burbank, CA. The company represented both the tenant and the landlord in the transaction. DM


Home-Related Chains Expand Nationwide (continued from page one)

Ethan Allen operates 280 locations nationwide and internationally. The stores, offering modern bedroom, dining and living room furniture, as well as home office and outdoor items and accessories, occupy spaces of 10,000 sq.ft. to 14,000 sq.ft. in shopping centers and urban/downtown areas. Limited growth opportunities are sought throughout Los Angeles and Ventura counties in CA during the coming 18 months, with representation by May Realty Advisors. For more information, contact Matthew May, May Realty Advisors, 15206 Ventura Boulevard, Suite 302, Sherman Oaks, CA 91403; 818-528-3999, Fax 818-905-7559; Web site: www.mayrealtyadvisors.com. La-Z-Boy operates 305 locations nationwide and internationally. The stores, offering recliners, chairs, sofas, sleepers, ottomans, tables and sectionals, occupy spaces of 10,000 sq.ft to 15,000 sq.ft. in inline spaces and endcaps of shopping centers. Growth opportunities are sought throughout southern NJ and eastern PA during the coming 18

months, with representation by Equity Retail Brokers. Tuesday Morning operates more than 800 locations nationwide. The stores, offering upscale items sold at discount prices, including rugs; lamps; books; luggage; toys; bed, bathroom, garden and holiday accessories; dinnerware; stationery and fine art and frames, occupy spaces of 8,000 sq.ft. to 18,000 sq.ft. in inline spaces of shopping centers. Growth opportunities are sought throughout southern NJ and eastern PA during the coming 18 months, with representation by Equity Retail Brokers. For more information, contact Stuart Conston, Equity Retail Brokers, 101 West Elm Street, Suite 370, Conshohocken, PA 19428; 610-645-7700 Ext. 105, Web site: www.equityretailbrokers.com. For additional information regarding Tuesday Morning, contact Rob Samtmann, 610-645-7700 Ext. 108. Darroch, Inc. trades as Dockside Imports at six locations throughout FL. The housewares stores occupy spaces of 5,000 sq.ft. to 10,000 sq.ft. in malls and lifestyle, outlet, power, specialty, strip and value centers. Growth

opportunities are sought throughout the existing market during the coming 18 months. The company prefers to locate in areas with high foot and vehicle traffic counts. For more information, contact Mark Sokolowski, Darroch, Inc., PO Box 780086, Orlando, FL 32878-0086; 407-221-5143; Email: marks@docksideimports.com; Web site: www.docksideimports.com. Busy Beaver Building Centers trades as Busy Beaver at 15 locations throughout OH, PA and WV. The home improvement centers occupy spaces of 24,000 sq.ft. to 30,000 sq.ft. in freestanding locations and endcaps of strip centers. Growth opportunities are sought within two hours of Pittsburgh, PA during the coming 18 months. Typical leases run five years with options. A land area of 3.5 acres is required for freestanding locations. For more information, contact Nick Demao, Busy Beaver Building Centers, 3130 William Pitt Way, Building A6, Pittsburgh, PA 15238; 412-828-2323 Ext. 314, Fax 412-828-2430; Email: ndemao@busybeaver.com; Web site: D www.busybeaver.com. M

Exclusives and Leasing Assignments SRS Real Estate Partners (512-236-4600) represents the following retailers with their expansion plans throughout TX: Freebirds World Burrito, throughout Austin, seeking spaces of 2,500 sq.ft.; GameStop, throughout Austin, seeking sites of 1,200 sq.ft. to 1,800 sq.ft.; Goodwill Industries, throughout Austin, seeking spaces of 1,200 sq.ft. to 12,000 sq.ft.; Heather Scott Home & Design, throughout Austin, utilizing sites of 3,000 sq.ft.; Jamba Juice, throughout Austin and San Antonio, seeking spaces of 1,200 sq.ft. to 1,800 sq.ft.; Justice, throughout Austin and San Antonio, seeking sites of 3,800 sq.ft. to 4,500 sq.ft.; La-Z-Boy, throughout Austin and San Antonio, utilizing spaces of 20,000 sq.ft.; Old Chicago Pasta & Pizza, throughout TX, seeking spaces of 5,000 sq.ft. to 7,000 sq.ft.; Paciugo, throughout Austin and San Antonio, seeking sites of 1,200 sq.ft.; Fuzzy’s Taco Shop, throughout Austin and San Antonio, seeking spaces of 2,000 sq.ft. to 3,000 sq.ft.; Hastings Entertainment, throughout Austin and San Antonio, utilizing sites of 25,000 sq.ft. to 30,000 sq.ft.; Hollywood Theaters, throughout central TX, seeking sites on 10 acres; JCPenney, throughout central and southern TX, seeking spaces of 104,000 sq.ft.; La Condesa Restaurant, throughout Austin,

seeking sites of 3,000 sq.ft.; McDonald’s, throughout Austin, seeking spaces on two to three acres; Oreck, throughout Austin, utilizing spaces of 1,200 sq.ft. to 1,600 sq.ft., and Sandella’s Flatbread Café, throughout Austin and San Antonio, seeking spaces of 1,200 sq.ft. to 1,500 sq.ft. The Shopping Center Group (770-955-2434) has been named the exclusive leasing agent for London Square, a 300,000 sq.ft. regional power center located at the intersection of Southwest 120th Street and Southwest 137th Avenue in Miami, FL. Tenants at the center include T.J. Maxx/HomeGoods, Ross Dress for Less, Ace Hardware, Party City, Dollar Tree, Wachovia Bank and Citibank. The company has also been named the exclusive leasing agent for Short Pump Station, an 86,000 sq.ft. regional center located at the intersection of West Broad Street and John Rolfe Parkway in Richmond, VA. Tenants at the center include Ulta, Petco, The Vitamin Shoppe, Five Below, Verizon Wireless and Alfred Angelo Bridal. The company has also been named the leasing agent for The Avenue Murfreesboro, an 810,000 sq.ft. open-air regional center located between Interstate 24 and Medical Center Parkway www.dealmakers.net

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in Murfreesboro, TN. Tenants at the center include Belk, Barnes & Noble, Best Buy, Dick’s Sporting Goods, Havertys, Michaels, Old Navy, Petco and Cost Plus World Market. Goldschmidt & Associates (914-723-1616) has been named the exclusive leasing agent for The ColorGroup Building, a 14,500 sq.ft. mixed-use building located along Route 9A/ Saw Mill River Road in Hawthorne, NY. The building features retail, office and warehouse components. Renaud Consulting (703-404-2346) represents Mattress Warehouse with the chain’s expansion throughout Prince George’s County, Annandale, Springfield and Falls Church, MD, as well as Washington, DC. The mattress store chain is seeking spaces between 4,500 sq.ft. and 6,000 sq.ft. Michael Salove Co. (215-568-2600) represents Le Pain Quotidien with the chain’s expansion throughout the Philadelphia, PA metropolitan area. The concept serves organic sandwiches and baked goods, with locations in CA, NY and Washington, DC, as D M well as internationally.

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Puerto rico SiteS Wanted 40,000 Sf to 80,000 Sf

Burlington Coat Factory is a credit tenant with nearly 400 department stores nationwide. The company was acquired for $2.06 billion in April 2006, by Bain Capital Partners, LLC, a leading global private investment firm. Burlington Coat Factory will be the hottest retailer on the Island with the best selection of branded designer apparel for the family and luxury home decor accessories at the best prices.

Site Criteria: 40,000 sf to 80,000 sf New Construction, Existing Space, Build-to-Suits Mall, Strip Center, Power Center and Freestanding Please submit sites or call for questions: Ann O’Neal 609-937-1828 | Email: ann@dealmakers.net or Leon Winer 787-632-4300 | lwiner@realestatepr.net page 8

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Buyers and Sellers (continued from page four)

Marcus & Millichap Real Estate Investment Services is selling Village Shoppes, a 79,405 sq.ft. center situated on 5.44 acres along Route 47 in Rio Grande, NJ. Tenants include Family Dollar, Woody’s Surf/Skate, Family Billiards, Mattress Outlet, ASAP Print, Cellular Advantage and Just 4 Wheels. The asking price is $4.1 million with a Cap rate of 8.78%. The company is also selling a 3,300 sq.ft. single-tenant property located along Broadway in Bayonne, NJ. The asking price is $575,000. The company is also selling an 11,621 sq.ft. multi-story property situated on a land area of 8,939 sq.ft. along Bayard Street in New Brunswick, NJ. The asking price is $2.5 million with a Cap rate of 6.55%. The company is also selling a 6,156 sq.ft. The Goddard School situated on 1.02 acres along Woodlane Road in Westampton, NJ. The tenant is bound to a 15-year NN lease set to expire during November 2025 featuring annual rent escalations of 2% and two options. The asking price is $1.26 million with a Cap rate of 9.52%. For more information, contact Marcus & Millichap Real Estate Investment Services, 611 River Drive, Fourth Floor, Elmwood Park, NJ 07407; 201-5821000, Fax 201-582-1010; Web site: www.marcusmillichap.com. KeyPoint Partners, LLC, on behalf of a client, is selling Teaticket Plaza, a 3,800 sq.ft. mixeduse center located along Route 28/Teaticket Highway in Falmouth, MA. Tenants at the property include Subway, H&R Block and Glow Day Spa. Area retail includes Walmart, Shaw’s, Sleepy’s, Midas, Burger King, T.J. Maxx, Super Stop & Shop, McDonald’s and CVS. The average daily traffic count is 23,000 vehicles. For more information, contact Jonathan Aron, KeyPoint Partners, LLC; 781-4186225; Email: jaron@keypointpartners.com; D Web site: www.keypointpartners.com. M

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Food Retailers Expand Nationwide Cheeburger Cheeburger Restaurants, Inc. trades as Cheeburger Cheeburger at 65 locations nationwide throughout 20 states. The restaurants occupy spaces of 2,000 sq.ft. to 2,400 sq.ft. in lifestyle, mixeduse, power, specialty and strip centers. Growth opportunities are sought throughout the existing markets, as well as Quebec and Ontario, Canada, during the coming 18 months. A vanilla shell and specific improvements are required. Preferred cotenants include Panera Bread, Pei Wei Asian Diner, Target and upscale grocery stores. Preferred demographics include a population of 100,000 within five miles earning $85,000 as the average household income. Major competitors include Five Guys Famous Burgers and Fries, Red Robin, Johnny Rockets and Smashburger. Expansion is franchise-driven. For more information, contact Mike Santel, Cheeburger Cheeburger Restaurants, Inc., 7364 West Rancho Drive, Glendale, AZ 85303; 623-846-4713, Fax 623-8492309; Email: msantel@cheeburger.com; Web site: www.cheeburger.com. For additional information regarding expansion throughout the U.S., contact Greg Mallory, Landmark Realty; 248-488-2620; Email: gmallory@landmarkcres.com. Pretzels Plus, Inc. trades as Pretzels Plus at nine locations throughout PA and VA. The pretzel shops occupy spaces of 2,000 sq.ft. to 2,500 sq.ft. in malls and strip and tourist centers. Growth opportunities are sought throughout PA during the coming 18 months. Typical leases run five years. A vanilla shell and specific improvements are required. Major competitors include Auntie Anne’s and Wetzels Pretzels. The company is franchising. For more information, contact Brad Eline, Pretzels Plus, Inc., 639 Frederick Street, Hanover, PA 17331; 717-633-7927, Fax 717633-5078; Email: beline@pretzelsplus.com; Web site: www.pretzelsplus.com. Caldwell Enterprises, Inc. trades as Frank & Stein Dogs at 15 locations, as U.S. Bistro at four locations and as Baja Bistro Fresh Mex Grill at 20 locations throughout the southeastern region of the U.S. The restaurants occupy spaces of 600 sq.ft. to 2,400 sq.ft. in freestanding locations, airports, malls and lifestyle, power and strip centers. Growth opportunities are sought nationwide for the Baja Bistro Fresh Mex Grill concept during the coming 18 months. For more information, contact Greg Caldwell, Caldwell Enterprises, Inc., PO Box 20608, Roanoke, VA 24018; 540-774-0300, Fax 540-774-1066.

Grill Concepts, Inc. trades as Daily Grill and The Grill on the Alley at 32 locations throughout CA, FL, IL, MA, MD, OK, OR, TX, VA, WA and Washington, DC. The upscale restaurants, offering breakfast, lunch and dinner, occupy spaces of 5,000 sq.ft. to 8,000 sq.ft. in freestanding locations, hotels, malls, office complexes and mixed-use and specialty centers. Growth opportunities are sought throughout major metropolitan areas within the existing markets during the coming 18 months. Typical leases run 15 years with options. Specific improvements are required. For more information, contact Robert Chais, Grill Concepts, Inc., PO Box 2546, El Segundo, CA 90245; 310-726-1139, Fax 310-726-1140; Email: robertchais@aol.com; Web site: www.dailygrill.com. Pizza Patron Restaurants operates 100 locations throughout AZ, CA, CO, FL, GA, NV and TX. The restaurants occupy spaces of 800 sq.ft. to 1,500 sq.ft. in freestanding locations and inline spaces and endcaps with a drive-thru in community shopping centers. Plans call for 30 to 35 openings throughout the existing markets during the coming 18 months, with representation by RTS Real Estate Services, LLC. The company prefers to locate in urban and suburban areas. Preferred cotenants include grocery and video stores. Preferred demographics include a population above 60,000 within three miles earning under $55,000 as the median household income. Expansion is franchise-driven. For more information, contact Marsha Schneider, RTS Real Estate Services, LLC, 6370 LBJ Freeway, Suite 170, Dallas, TX 75240; 972-698-7900, Fax 972-6619048; Email: marsha@rtsrealestate.com; Web sites: www.pizzapatron.com and www.rtsrealestate.com. Humphries Developments trades as Eddie Merlot’s at five locations throughout IN, KY and OH. The upscale steakhouses occupy spaces of 10,900 sq.ft. in freestanding locations and lifestyle centers. Growth opportunities are sought throughout major metropolitan markets nationwide during the coming 18 months. Typical leases run 15 years. Preferred cotenants include Nordstrom, Saks Fifth Avenue and high-end retailers. Preferred demographics include a population of 35,000 within seven miles earning $100,000 as the average household income. Major competitors include Ruth’s Chris Steakhouse, Morton’s The Steakhouse and Fleming’s. A land area of two acres is required for freestanding locations, and the company prefers to locate near Class-A office space. www.dealmakers.net

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For more information, contact Dave Cook, Humphries Developments, 5646 Coventry Lane, Ft. Wayne, IN 46804; 260434-0055 Ext. 203, Fax 260-434-0077; Email: daveinind@aol.com; Web site: www.eddiemerlots.com. Quiznos operates 4,000 locations nationwide and internationally. The restaurants, offering sandwiches, salads and soups, occupy spaces of 1,200 sq.ft. to 2,000 sq.ft. in freestanding locations and endcaps and inline spaces of shopping centers. Growth opportunities are sought throughout Broward, Dade and Palm Beach counties in FL during the coming 18 months, with representation by The Rotella Group, Inc. The company prefers to locate in second-generation spaces. Yogurtini operates 12 locations nationwide. The frozen yogurt shops occupy spaces of 1,700 sq.ft. in endcaps of shopping centers. Growth opportunities are sought throughout southeastern FL during the coming 18 months, with representation by The Rotella Group, Inc. Typical leases run five to 10 years. Preferred cotenants include grocery stores. Muscle Maker Grill operates 23 locations throughout FL, NJ and NY. The healthy, quick-serve restaurants occupy spaces of 1,700 sq.ft. to 2,500 sq.ft. in inline spaces and endcaps of shopping centers. Growth opportunities are sought throughout southern FL during the coming 18 months, with representation by The Rotella Group, Inc. Preferred cotenants include grocery stores and gyms. The company prefers to locate in second-generation spaces, and prefers sites near office complexes in areas with a strong daytime population. Golden Krust Bakery operates more than 100 locations throughout CT, FL, GA, MA, MD, NC, NJ, NY and PA. The Caribbean restaurants and bakeries occupy spaces of 1,200 sq.ft. to 2,200 sq.ft. in freestanding locations and endcaps and inline spaces of shopping centers. Growth opportunities are sought throughout southeastern FL during the coming 18 months, with representation by The Rotella Group, Inc. The company prefers to locate in second-generation spaces. Preferred cotenants include grocery stores. For more information, contact Dan Coyle, The Rotella Group, Inc., 3300 North Federal Highway, Suite 200, Ft. Lauderdale, FL 33306; 954-568-9015, Fax 954-568-9597; Emails: dan@rotellagroup.com; Web site: www.rotellagroup.com. For additional information regarding Quiznos, contact Steve D Miller; Email: steve@rotellagroup.com. M

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Lead Sheet Firestone Gregory Kirsch c/o Newmark Knight Frank One East Wacker Drive, Suite 3500 Chicago, IL 60601 312-386-3138 Email: gkirsch@newmarkkf.com Web site: www.newmarkkf.com

Automotive The 1,500-unit chain operates locations nationwide. The automotive service centers occupy freestanding locations situated on one to 1.2 acres in suburban areas and spaces of various sizes in urban areas. Growth opportunities are sought throughout the Chicago, IL metropolitan area and northwestern IN during the coming 18 months, with representation by Newmark Knight Frank. The company prefers to locate near big box retail centers and will only acquire sites.

STS – Tire and Auto Center Rich Zeller c/o Equity Retail Brokers 101 West Elm Street, Suite 370 Conshohocken, PA 19428 610-645-7700 Ext. 103 Web site: www.equityretailbrokers.com

Automotive The 113-unit chain operates locations throughout NJ, NY and PA. The automotive service centers occupy spaces of 5,600 sq.ft. in various types of spaces. Growth opportunities are sought throughout southern NJ and eastern PA during the coming 18 months, with representation by Equity Retail Brokers.

Realty Investors, Inc. dba Tire Choice Michael Glusman 7740 Montecito Place Delray Beach, FL 33446 561-865-9143, Fax 561-499-8101 Email: maglusman@aol.com

Automotive The 24-unit chain operates locations throughout FL. The automotive tire and repair centers occupy spaces of 5,250 sq.ft. to 6,250 sq.ft. in various types of spaces. Growth opportunities are sought throughout Broward and Palm Beach counties in FL during the coming 18 months. Preferred cotenants include Home Depot, Target and Walmart. Preferred demographics include a population of 100,000 within three miles earning $70,000 as the average household income. Major competitors include Tire Kingdom and Bridgestone/Firestone. The company will consider ground leases and acquiring sites.

Books, Inc. dba Books, Inc. and Compass Books, Inc. Michael Tucker 1501 Vermont Street San Francisco, CA 94107 415-643-3400, Fax 415-643-2044 Web site: www.booksinc.net

Books The 12-unit chain operates locations throughout CA. The book stores occupy spaces of 3,000 sq.ft. to 4,500 sq.ft. in neighborhood shopping centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run five to 10 years. A vanilla shell and specific improvements are required. Preferred demographics include a population of 50,000 within five miles earning $60,000 as the average household income.

Hallmark Gold Crown Stores 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

Cards The 5,000-unit chain operates locations nationwide and internationally. The stores, offering greeting cards and small gift items, occupy spaces of 3,000 sq.ft. to 3,500 sq.ft. in malls and power and strip centers. Plans call for one to two openings within Riverside County and the San Francisco Bay area of CA during the coming 18 months, with representation by Terranomics Retail Services. Preferred cotenants include Target and grocery stores.

Tedeschi Food Shops, Inc. dba Tedeschi Food Shops Bob McGann 14 Howard Street Rockland, MA 02370 781-610-2210, Fax 781-982-1866 Email: bmcgann@tedeschifoodshops.com Web site: www.tedeschifoodshops.com

Convenience The 190-unit chain operates locations throughout MA and NH. The convenience stores, with gasoline facilities, occupy spaces of 3,000 sq.ft. to 3,500 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets, as well as ME, during the coming 18 months. Preferred demographics include a population of 5,000 within two miles. Major competitors include Mobil, 7-Eleven and Cumberland Farms. The company is franchising.

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Lead Sheet The Wills Group dba Dash In Food Stores Larry Derrow 6355 Crain Highway La Plata, MD 20646 301-934-2200, Fax 301-932-3668 Web site: www.dashinfoodstores.com

Convenience The 41-unit chain operates locations throughout DE, MD and VA. The convenience stores, with gasoline facilities, occupy spaces of 1,100 sq.ft. to 4,000 sq.ft. in freestanding locations and power centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. The company prefers to locate in second-generation spaces.

Valero Energy Corp. dba Valero, Diamond Shamrock, Shamrock, Ultramar and Beacon Doug Miller PO Box 696000 San Antonio, TX 78269-6000 210-592-2000, Fax 210-345-2313

Convenience The 1,000-unit chain operates locations throughout the southwestern region of the U.S. The convenience stores, with gasoline facilities, occupy spaces of 5,000 sq.ft. in freestanding locations and pad sites of shopping centers. Growth opportunities are sought throughout AZ, CO, NM and TX during the coming 18 months. A land area of 60,000 sq.ft. to 80,000 sq.ft. is required. The company prefers to acquire sites.

Gordman’s Stores Allan Murow c/o Noddle Cos. 2285 South 67th Street, Suite 250 Omaha, NE 68106 402-496-1616, Fax 402-496-6250 Email: amurow@noddlecompanies.com Web site: www.noddlecompanies.com

Department Store The 68-unit chain operates locations throughout AR, CO, IA, IL, IN, KS, KY, MN, MO, MS, ND, NE, OK, SD, TN and WI. The stores, offering apparel, bedding, kitchen and bath items, furniture, luggage, home accents, frames, wall décor and candles, occupy spaces of 50,000 sq.ft. in malls and power and strip centers. Growth opportunities are sought throughout the existing markets, as well as UT, during the coming 18 months, with representation by Noddle Cos.

Dollar Tree Steve Miller c/o The Rotella Group, Inc. 330 North Federal Highway Ft. Lauderdale, FL 33306 954-568-9015, Fax 954-568-9597 Email: steve@rotellagroup.com Web site: www.rotellagroup.com

Discount The 4,100-unit chain operates locations nationwide. The discount stores occupy spaces of 10,000 sq.ft. to 15,000 sq.ft. in power and value centers. Plans call for 40 openings throughout southern FL during the coming 18 months, with representation by The Rotella Group, Inc. Typical leases run five years. Specific improvements are required. Preferred cotenants include Target and Walmart. Preferred demographics include a population of 250,000 within six miles earning $50,000 as the average household income. Major competitors include Dollar General and Family Dollar.

Dollar Tree, Inc. dba Dollar Tree and Deal$ Donna Drew or Michael Murray c/o Metro Commercial Real Estate 161 Washington Street, Suite 375 Conshohocken, PA 19428 610-825-5222, Fax 610-825-5156 Email: ddrew@metrocommercial.com Web site: www.metrocommercial.com

Discount The 4,250-unit chain operates locations nationwide. The discount stores occupy spaces of 10,000 sq.ft. to 12,000 sq.ft. in regional strip and community shopping centers, as well as urban/downtown areas. Growth opportunities are sought throughout central and southern NJ and the Philadelphia, PA metropolitan area during the coming 18 months, with representation by Metro Commercial Real Estate.

Ollie’s Bargain Outlet Jerry Altland 6295 Allentown Boulevard, Suite 1 Harrisburg, PA 17112 717-657-2300, Fax 717-651-1376 Email: jaltland@ollies.us Web site: www.olliesbargainoutlet.com

Discount The 95-unit chain operates locations throughout DE, MD, KY, NC, NJ, NY, OH, PA, VA and WV. The stores, offering closeout, surplus and salvage merchandise, occupy spaces of 30,000 sq.ft. to 32,000 sq.ft. in strip and value centers. Plans call for 17 openings this year and 20 openings during 2012 throughout the existing markets, as well as SC and TN. Typical lease run five years with three, five-year options. Specific improvements are required. Preferred cotenants include grocery stores. Preferred demographics include a population of 100,000 within 15 miles earning $40,000 to $45,000 as the average household income. Major competitors include Big Lots and National Warehouse.

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Lead Sheet Tide Dry Cleaners Jeff Reenders c/o Strategic Retail Advisors 3990 Westerly Place, Suite 230 Newport Beach, CA 92660 949-640-6678, Fax 949-748-8088 Email: jeff@strategicretailadvisor.com Web site: www.strategicretailadvisor.com

Dry Cleaning The four-unit chain operates locations throughout KS and OH. The dry cleaners occupy spaces of 3,000 sq.ft. in pad sites and endcap spaces of shopping centers. Plans call for eight openings throughout Orange County, CA during the coming 18 months, with representation by Strategic Retail Advisors.

Lakeshore Learning Materials Tom Zuber c/o Fairfield Retail Partners 88 Ryders Lane Stratford, CT 06614 203-870-8200, Fax 203-870-8201 Email: tzuber@fairfieldretail.com Web site: www.lakeshorelearning.com

Educational The 55-unit chain operates locations nationwide throughout 24 states. The stores, offering teaching supplies and materials for parents and teachers, occupy spaces of 7,000 sq.ft. to 8,000 sq.ft. in freestanding locations and endcaps of shopping centers. Growth opportunities are sought throughout CT and the Hudson Valley area of NY during the coming 18 months, with representation by Fairfield Retail Partners.

Moorehead Communications dba Verizon Wireless Scott Bitney c/o L3 Corp. 12655 Olive Boulevard, Suite 220 St. Louis, MO 63141 314-469-7400, Fax 314-576-9768 Email: scott@l3corp.net Web site: www.l3corp.net

Electronics The 185-unit chain operates locations throughout the midwestern region of the U.S. The electronics stores occupy spaces of 1,500 sq.ft. to 2,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout southern IL and MO during the coming 18 months, with representation by L3 Corp.

Cellular Central, Inc. dba Cellular Central George Simon 5215 Monroe Street Toledo, OH 43623 419-841-2450, Fax 419-841-1758

Electronics The 36-unit chain operates locations throughout OH. The electronics stores occupy spaces of 1,200 sq.ft. in malls and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months.

Electronics Expo Bill Farkas c/o Jeffery Realty, Inc. 116 Route 22 East North Plainfield, NJ 07060 908-668-9600, Fax 908-668-5225 Email: bfarkas@jefferyrealty.com Web site: www.electronics-expo.com

Electronics The eight-unit chain operates locations throughout NJ. The electronics stores occupy spaces of 9,000 sq.ft. to 15,000 sq.ft. in freestanding locations, malls and power, specialty and strip centers. Plans call for one to three openings within central and northern NJ during the coming 18 months, with representation by Jeffery Realty, Inc. The company will only acquire sites.

Island Carousel, Inc. dba Island Carousel William Christ 1377 North Collier Boulevard Marco Island, FL 34145 239-389-0945, Fax 239-389-0944 Email: islandcarousel@embarqmail.com Web site: www.islandcarousel.com

Entertainment The 34-unit chain operates locations nationwide. The company prefers to occupy spaces of 465 sq.ft. to 1,000 sq.ft. in regional malls. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run one to five years. Preferred cotenants include children’s retail stores.

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Lead Sheet Helzberg Diamonds Jerry Taylor c/o Renaud Consulting 8605 Westwood Center Drive, Suite 309 Vienna, VA 22812 571-765-4428, Fax 571-765-4443 Email: jtaylor@renuadconsulting.net Web sites: www.renaudconsulting.net and www.helzberg.com

Jewelry The 230-unit chain operates locations nationwide. The fine jewelry stores occupy spaces of 4,500 sq.ft. to 5,500 sq.ft. in various types of spaces. Growth opportunities are sought throughout Annapolis and Rockville, MD and Sterling and Vienna, VA during the coming 18 months, with representation by Renaud Consulting.

Genesco, Inc. dba Journeys David Stuck 1415 Murfreesboro Road, Suite 606 Nashville, TN 37217 615-367-8011, Fax 615-367-7323 Email: dstuck@genesco.com Web site: www.genesco.com

Shoes The 810-unit chain operates locations nationwide, as well as throughout Puerto Rico and the Virgin Islands. The stores, offering shoes, accessories and apparel, occupy spaces of 1,500 sq.ft. to 2,000 sq.ft. in malls and lifestyle, outlet and value centers. Plans call for 40 openings nationwide during the coming 18 months. Typical leases run 10 years. Preferred cotenants include Aeropostale, American Eagle, PacSun and Zumiez.

Aaron’s Kathy McCarthy c/o Atlas Realty Group 11510 North Community House Road, Suite 24C Charlotte, NC 28277 704-494-7017 Email: kathymccarthy@atlasrealtygroup.org

Specialty The 1,700-unit chain operates locations nationwide and throughout Canada. The stores, offering rent-to-own furniture, appliances, electronics and computers, occupy spaces of 6,000 sq.ft. to 10,000 sq.ft. in freestanding locations and inline spaces of shopping centers. Growth opportunities are sought throughout NC and SC during the coming 18 months, with representation by Atlas Realty Group.

Hand & Stone – Massage and Facial Spa Curtis Nassau c/o The Goldstein Group 45 Eisenhower Drive Paramus, NJ 07652 201-703-9700 Ext. 29 Email: cnassau@thegoldsteingroup.com

Specialty The 42-unit chain operates locations throughout AZ, CA, CO, FL, MO, NC, NJ, NY, OR, PA, WA and WI, as well as Canada. The facilities, offering massage and spa services, occupy spaces of 2,200 sq.ft. to 3,000 sq.ft. in lifestyle, power and strip centers. Growth opportunities are sought throughout northern NJ during the coming 18 months, with representation by The Goldstein Group. Typical leases run 10 years. Major competitors include Massage Envy.

ZAP Gary Starr 501 4th Street Santa Rosa, CA 95401 707-525-8658, Fax 707-525-8692 Email: gstarr@zapworld.com Web site: www.zapworld.com

Specialty The four-unit chain operates locations throughout CA. The stores, offering energy-efficient electric vehicles, occupy spaces of 6,000 sq.ft. to 21,000 sq.ft. in former automotive dealerships and motorcycle shops. Growth opportunities are sought nationwide during the coming 18 months.

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 14

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California

Connecticut

Springdale – Cannon Express, an 11,800 sq.ft. freestanding building situated on 3.5 acres at the intersection of Highway 412 and Highway 265, is available. Area retail includes McDonald’s, Sonic Drive-In, Family Dollar, Dollar General and Mazzio’s Pizza. Area demographics include a population of 197,142 within 10 miles earning $61,403 as the average household income. The average daily traffic count is 24,000 vehicles. The asking rent is $10 psf. For details, contact Jacklyn Perry, CryeLeike Realtors, 1280 East Stearns Road, Fayetteville, AR 72703; 479-841-1900; Email: jacci@cox.net.

For details, contact Brad Umansky, Progressive Real Estate Partners, 3296 East Guasti Road, Suite 110, Ontario, CA 91761; 909-230-4500, Fax 909-605-1038; Email: tammy@progressiverep.com; Web site: www.progressiverep.com.

Daniel Dori, Eagle Rock Retail; 617-5531824/1840; Emails: sara@eaglerockretail.com and dan@eaglerockretail.com; Web site: www.eaglerockretail.com.

Connecticut

Miami – Westchester Shopping Center, a 229,391 sq.ft. power center situated on 22 acres at the intersection of Southwest 24th Street and 87th Avenue, has a 6,300 sq.ft. space available along with a 2,409 sq.ft. outlot. Ross Dress for Less, Pier 1 Imports, Party City, Famous Footwear and West Marine anchor the center. Cotenants include Avenue, Rainbow Fashions, Dots, Payless ShoeSource, Anna’s Linens, CVS, Perfumania, Family Dollar, The UPS Store, Taco Bell, Burger King, Dunkin’ Donuts and Carvel. Area retail includes Winn-Dixie, Babies “R” Us, Staples, Publix, T.J. Maxx and Walgreens. Area demographics include a population of 469,260 within five miles earning $55,475 as the average household income. The average daily traffic count is 49,500 vehicles. The asking rent ranges from $20 psf to $30 psf with CAM of $6.06 psf and taxes of $2.67 psf. For details, contact Patti Wynn, Ideal Management Co., 12602 Southwest 88th Street, Miami, FL 33186; 305-6628999 Ext. 224, Fax 305-779-7774; Email: patti@cdamiami.com.

California Los Angeles – A center located at the intersection of Whittier Boulevard and South Hillview Avenue has spaces available from 800 sq.ft. to 7,000 sq.ft. Area retail includes Target, Kmart, Wells Fargo, Verizon Wireless, Sprint, Pollo Campero and Gallo Gyro. Area demographics include a population of 205,941 within three miles earning $54,547 as the average household income. For details, contact Todd Nathanson or Erick Marchena, illi Commercial Real Estate, 17547 Ventura Boulevard, Suite 304, Encino, CA 91316; 818-501-2212 Ext. 101/103, Fax 818-501-2202; Emails: todd@illicre.com and erick@illicre.com; Web site: www.illicre.com. Montclair – Montclair East Shopping Center, a 135,180 sq.ft. power center located at the intersection of Central Avenue and Moreno Street, has spaces available of 1,247 sq.ft.; 7,200 sq.ft. and 41,200 sq.ft. Ross Dress for Less, David’s Bridal and Anna’s Linens anchor the center. Area retail includes Montclair Plaza, featuring Nordstrom, JCPenney and Macy’s. Area demographics include a population of 445,292 within five miles earning $73,075 as the average household income. The average daily traffic count is 58,000 vehicles. The asking monthly rent ranges from $1 psf to $1.50 psf with CAM of $0.33 psf. San Dimas – San Dimas Station, a 148,958 sq.ft. power center located at the intersection of Arrow Highway and 57 Freeway, has spaces available of 1,051 sq.ft.; 8,780 sq.ft. and 20,575 sq.ft. Cost Plus World Market and Red Robin anchor the center. Area retail includes Target, Trader Joe’s, Costco, Home Depot, Kohl’s, Best Buy, Barnes & Noble and Ross Dress for Less. Area demographics include a population of 300,218 within five miles. page 16

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Monroe – Stepney Plaza, a 33,000 sq.ft. strip center, has spaces available of 1,900 sq.ft. and 3,434 sq.ft. Rite Aid and People’s Bank anchor the center. Area demographics include a population of 49,886 within five miles earning $136,594 as the average household income. The average daily traffic count is 40,000 vehicles. The asking rent is $16 psf NNN for the 1,900 sq.ft. space and $20 psf for the 3,434 sq.ft. space with CAM of $2.95 psf and taxes of $1.80 psf. For details, contact Michael Berke, Oxford Real Estate Services Group, 388 East Main Street, Branford, CT 06443; 203-483-2900, Fax 203-483-2999; Email: oxfordre@aol.com. Orange – A 13,660 sq.ft. freestanding former La-Z-Boy situated on 0.97 acres at the intersection of Orange Center Road and Boston Post Road is available. Area retail includes Home Depot, Olive Garden and T.G.I. Friday’s. The average daily traffic count is 30,000 vehicles. The asking rent is $12.95 psf. Also, Orange Town Center, a mixeduse center located along Bull Hill Road, has spaces available from 1,000 sq.ft. to 14,400 sq.ft. Area retail includes Walgreens, Lowe’s Home Improvement, Burlington Coat Factory and LA Fitness. The average daily traffic count is 35,000 vehicles. The asking rent is $15 psf NNN. For details, contact Fred A. Messore, Colonial Properties, Inc., 200 Boston Post Road, Orange, CT 06477; 203-795-8060, Fax 203-795-8046; Email: fred@colprop.com; Web site: www.colprop.com. Stratford – North Town Center, a 125,000 sq.ft. center located along Hawley Lane, has spaces available from 662 sq.ft. to 14,217 sq.ft. Cotenants include Big Y Supermarket, Snap Fitness, Supercuts, Cleopatra Nail & Spa, Town Fair Tire, New Alliance Bank and North Town Wine & Spirits. Area retail includes Hawley Lane Mall, featuring Target, Best Buy and Kohl’s. Area demographics include a population of 238,629 within five miles earning $79,705 as the average household income. The average daily traffic count is 11,000 vehicles. For details, contact Sara Taylor or

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Florida

Georgia Acworth – Cherokee Commons, a 103,736 sq.ft. strip center located at the intersection of Highway 92 and Robin Road, has spaces available of 2,800 sq.ft.; 3,600 sq.ft. and 4,800 sq.ft. Kroger anchors the center and cotenants include Sally Beauty Supply, Boost Mobile, CitiFinancial and Metro PCS. Area demographics include a population of 149,174 within five miles earning $79,198 as the average household income. The asking rent is $12 psf with CAM of $1.09 psf and taxes of $1.17 psf. Cumming – Lanier Crossing, a 111,002 sq.ft. strip center located at the intersection of Highway 9 and Highway 20, has an 8,160 sq.ft. space available along with two spaces of 1,400 sq.ft. Hobby Lobby anchors the center and cotenants include Aaron’s, Weight Watchers, CiCi’s Pizza, Jackson Hewitt, Subway, Metro PCS, Sylvan Learning Center and Sally Beauty Supply. Area demographics include a population of 53,986 within five miles earning $82,313 as the average household income. The average daily traffic count is $15 psf with CAM of $1.27 psf and taxes of $1.01 psf. Decatur – Candler-McAfee, a 175,272 sq.ft. strip center


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Indiana

Indiana

located at the intersection of Candler Road and McAfee Road, has spaces available of 2,000 sq.ft.; 3,242 sq.ft. and 26,250 sq.ft. along with outlots of 1,200 sq.ft. and 5,088 sq.ft. CitiTrends and Family Dollar anchor the center. Cotenants include Little Caesar’s, The Athlete’s Foot, H&R Block, Metro PCS and McDonald’s. Area demographics include a population of 266,905 within five miles earning $68,309 as the median household income. The asking rent is $12 psf with CAM of $1.12 psf and taxes of $0.86 psf. Lake City – Lake City Commons, a 91,794 sq.ft. strip center located at the intersection of Jonesboro Road and Harper Drive, has a 1,500 sq.ft. space available. Kroger anchors the center and cotenants include Dollar Tree, Cato, Metro PCS, Adecco, H&R Block and The UPS Store. Area demographics include a population of 144,943 within five miles earning $56,140 as the average household income. The asking rent is $17 psf with CAM of $2.33 psf and taxes of $1.65 psf. For details, contact Natalya Zelikova, Infinity Property Fund, PO Box 566517, Atlanta, GA 31156; 678-564-0140, Fax 678-2480524; Email: natalya@infinityproperty.com; Web site: www.infinityproperty.com.

sq.ft. former Blockbuster Video endcap available. Stein Mart anchors the center and cotenants include Puccini’s, Applebee’s and Original Pancake House. Area retail includes Marsh Supermarket, Jo-Ann Fabrics, Starbucks, Walgreens and Half Price Books. Area demographics include a population of 597,503 within 10 miles earning $53,276 as the median household income. The average daily traffic count is 40,000 vehicles. For details regarding the Evansville property, contact Jeff Roberts, The Broadbent Co., 117 East Washington

Street, Suite 300, Indianapolis, IN 46204; 317-237-2900, Fax 317-237-2953; Email: jroberts@broadbentco.com; Web site: www.broadbentcompany.com. For details regarding the Indianapolis property, contact Ray Bunes; Email: rbunes@broadbentco.com.

Maryland Baltimore – A 30,000 sq.ft. parcel located at the intersection of St. Paul Street and 24th Street is available for lease or build-to-suit. (continued on page eighteen)

Illinois Homewood – Ridge-Harwood Building, a 10,000 sq.ft. building situated on a land area of 13,000 sq.ft. at the intersection of Ridge Road and Harwood Avenue, has spaces available of 1,000 sq.ft. and 1,300 sq.ft. The asking rent ranges from $17.85 psf to $18.46 psf. For details, contact Josh Budny, Matrix Realty Group, 2066 Ridge Road, Homewood, IL 60430; 708-799-3600, Fax 708-799-3653; Email: jbudny@matrixrealtygroup.com; Web site: www.matrixrealtygroup.com.

Indiana Evansville – Shoe Carnival Towne Centre, a 202,051 sq.ft. center located at the intersection of Green River Road and Virginia Street, has spaces available from 1,200 sq.ft. to 7,200 sq.ft. Cotenants include Jo-Ann Fabrics, Catherines, Bridal Warehouse, Shoe Carnival, Plato’s Closet and Lonestar Steakhouse. Area retail includes Eastland Mall. Area demographics include a population of 219,664 within 10 miles earning $39,392 as the median household income. The average daily traffic count is 40,266 vehicles. Indianapolis – North Willow Commons, located at the intersection of 86th Street and Ditch Road, has a 6,315 www.dealmakers.net

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(continued from page seventeen)

Area demographics include a population of 1.253 million within 10 miles earning $47,758 as the median household income. For details, contact National Realty & Development Corp., 3 Manhattanville Road, Purchase, NY 10577; 800-932-7368; Web site: www.nrdc.com. Beltsville – Chestnut Hills Shopping Center, located along Baltimore Avenue, has space available. Cotenants include Petco, Rite Aid, Citizens National Bank, Quiznos, Domino’s Pizza and The UPS Store. Area demographics include a population of 1.197 million within 10 miles earning $63,460 as the median household income. Berwyn Heights – Staples/T-Mobile Center, located along 62nd Avenue, has a 3,855 sq.ft. space available. Area retail includes Beltway Plaza Mall. Ocean City – Gold Coast Mall, located at the intersection of 115th Street and Coastal Highway, has space available. Cotenants include Super Fresh, Rite Aid, Denny’s, RadioShack, GNC, Gold Coast 4 Cinemas, Gold’s Gym and Three Brothers Pizza. For details, contact Fred Wine, Quantum Cos., 4912 Del Ray Avenue, Bethesda, MD 20814; 301-657-9900 Ext. 132, Fax 301-6578412; Email: fwine@quantumco.net. Randallstown – Liberty Plaza, a 96,459 sq.ft. center located at the intersection of Route 26/ Liberty Road and Brenbrook Drive, has spaces available from 1,656 sq.ft. to 6,000 sq.ft. Walmart and Marshalls anchor the center. Area demographics include a population of 192,307 within five miles earning $82,630 as the average household income. For details, contact Jordan Claffey, Centro Properties Group, Two Tower Bridge, One Fayette Street, Suite 300, Conshohocken, PA 19428; 610-834-7285; Email: jordan.claffey@centroprop.com; Web site: www.centroprop.com.

Massachusetts Fairhaven – Fairhaven CVS Plaza, a 31,000 sq.ft. center located at the intersection of Route 6/Huttleston Avenue and Sarah’s Way, has an 8,438 sq.ft. space available. CVS anchors the center and cotenants include Friendly’s, Hot Bodeez and Mermaid’s Seafood Restaurant. Area retail includes Stop & Shop, Walgreens and Honey Dew Donuts. Area demographics include a population of 132,781 within five miles earning $54,917 as the average household income. The average daily traffic count is 14,000 vehicles. Swampscott – The Shops at Vinnin Square, page 18

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Massachusetts

New Jersey

an 11,907 sq.ft. center located along Paradise Road, has spaces available from 2,134 sq.ft. to 4,732 sq.ft. Cotenants include Starbucks, Blockbuster Video, Darque Tan and Fast Frame. Area retail includes Swampscott Mall, featuring Bertucci’s, T.J. Maxx, Walgreens, Stop & Shop, Borders and Gap; Vinnin Square, featuring CVS, Marshalls, The Paper Store, Panera Bread, Petco and Sleepy’s, and Vinnin Shops at Salem, featuring Staples, Bank of America, Supercuts and GNC. Area draws include Salem State College. Area demographics include a population of 220,858 within five miles earning $78,426 as the average household income. The average daily traffic count is 19,200 vehicles. For details, contact Sara Taylor or Daniel Dori, Eagle Rock Retail; 617-553-1824/ 1840; Emails: sara@eaglerockretail.com and dan@eaglerockretail.com; Web site: www.eaglerockretail.com.

include a population of 395,780 within seven miles earning $98,770 as the median household income. Highland Park – A pad site located along Raritan Avenue is available for ground lease. Area demographics include a population of $465,338 within seven miles earning $78,094 as the median household income. For details, contact Jason Pierson, CB Richard Ellis, Two Tower Center Boulevard, 20th Floor, East Brunswick, NJ 08816; 732509-8926; Email: jason.pierson@cbre.com; Web site: www.cbre.com.

Needham – Trader Joe’s Plaza, located along Highland Avenue, has a divisible 5,800 sq.ft. space available. Trader Joe’s anchors the center and cotenants include CVS and Finagle a Bagel. The asking rent is $19 psf NNN. For details, contact Centre Realty Group Commercial, 77 Franklin Street, 3rd Floor, Boston, MA 02118; 617-393-4200; Web site: www.crgcommercial.com.

New Hampshire Salem – Salem Park Plaza, a 37,813 sq.ft. center located along South Broadway, has a 333 sq.ft. space available. Barnes & Noble anchors the center and cotenants include Pier 1 Imports, Learning Express, Supercuts, Bank of America and T-Mobile. Area retail includes Mall at Rockingham Park, featuring Macy’s, Sears, JCPenney and H&M. Area demographics include a population of 224,474 within seven miles earning $76,175 as the average household income. The average daily traffic count is 27,000 vehicles. For details, contact Don Mace or Michael Branton, KeyPoint Partners, LLC, One Burlington Woods Drive, Burlington, MA 01803; 781-418-6243/6267, Fax 781-2292823; Emails: dmace@keypointpartners.com and mbranton@keypointpartners.com; Web site: www.keypointpartners.com.

New Jersey Chatham – A 0.67-acre parcel located along Main Street is available for ground lease. A 3,000 sq.ft. bank with a drive-thru is proposed for the site. Area demographics

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Clifton – The Promenade Shops at Clifton, a 160,000 sq.ft. lifestyle center located along State Highway 3, has space available. Cotenants include Jos. A. Bank, T.G.I. Friday’s, Corner Bakery Café, Moe’s Southwest Grill, Zinburger, Once Upon a Skirt, It’s Greek to Me, Cups, Massage Envy, Portrait Innovations, Coldwater Creek, LA Fitness, PNC Bank, T-Mobile, Stew Leonard’s Wines, Chico’s and European Wax Center. Area demographics include a population of 587,300 within five miles. The average daily traffic count is 155,000 vehicles. For details, contact James Ardizzone, The Promenade Shops at Clifton, 78 Okner Parkway, Livingston, NJ 07039; 973-5976433 Ext. 1164, Fax 973-597-6422; Email: jardizzone@thepromenadeshopsatclifton.com; Web site: www.thepromenadeshopsatclifton.com. Cranford – A mixed-use center located at the intersection of Centennial Avenue and Lincoln Avenue has spaces available of 800 sq.ft. and 2,400 sq.ft. Area retail includes Subway, Walgreens, The Office, Dairy Queen, Rock ‘N Joe, Domino’s Pizza, Dunkin’ Donuts, Wachovia Bank and Bank of America. Area demographics include a population of 431,437 within five miles earning $88,719 as the average household income. The average daily traffic count is over 16,000 vehicles. For details, contact Jesse Finkelstein, The Goldstein Group, 45 Eisenhower Drive, Suite 500, Paramus, NJ 07652; 201-703-9700, Fax 201-703-9678; Email: jfinkelstein@thegoldsteingroup.com; Web site: www.thegoldsteingroup.com. Livingston – Cedar Mall Plaza, a 22,587 sq.ft. strip center situated on 3.5 acres at the intersection of Cedar Street and South Livingston Avenue, has spaces available of 1,293 sq.ft. and 2,829 sq.ft. CVS anchors the center and cotenants include Laurean Jewelers, Progressive Dry Cleaners, The (continued on page twenty)


Over 6,000

retailers lOOking fOr lOcatiOns How accurate is the information? Online information is updated daily. The CD-ROM is burned the day of your order. All listings are verified by phone, mail or fax with the retailer and updated in the past nine months. What types of chains are in TenantSearch? TenantSearch includes national and regional chains in addition to local chains with 60+ types of retail uses. Can the info be used with other software? All information on the CD-ROM can be exported into Excel, ACT, Access and Ascii. All information from searches online can be saved to your hard drive. Do I need any other software? You can use TenantSearch’s self-loading CD-ROM to print reports, labels and letters; look up by name, use, store size, etc., plus you can save searches. You can use any Web browser online, access up-todate information, print letters and save searches. Get the details on over 6,000 retailers. TenantSearch provides: Contact Name for Director of Real Estate or Tenant Rep; Parent Company; Trade Name(s); Address; Phone; Fax; Email; Web site; Number of Stores in the Chain; States where the stores operate; Projected store openings in the next 18 months; States of interest for new sites; description of merchandise; Customer profile and competition; Demographic requirements; Preferred type of site; Lease terms; Preferred cotenants.

Try a Demo to See for Yourself How Easy TenantSearch is to Use! Just call us for a demo on CD-Rom or go online at www.tenantsearch.com

Daily Email Alerts Retailer expansion plans are updated daily and online TenantSearch users receive 5 to 25 leads daily via email. TenantSearch matches ideal tenants to your site. Simply plug in the parameters of your retail property and retail uses you desire, and within seconds you’ll have a list of prospective tenants for your location.

Call 1-800-732-5856 or visit our Web site at www.tenantsearch.com

ORDER NOW!

Fax your order to: (609-587-3511)

Mail your order to: PO Box 2630 Mercerville, NJ 08690 National Edition (approx. 6,000 leads)

 $589 (CD-ROM)  $369 (Online)  $369 (Hardcopy)  $689 (Online & CD-ROM) Regional Edition (approx. 2,500 leads per region)

 West  Midstates  East  South  $379 (CD-ROM)  $289 (Online)  $289 (Hardcopy)  $479 (Online & CD-ROM) Online Access, please provide Email address: _____________________________ Password (minimum 4 characters, case-sensitive): __________________________

QUESTIONS.... Email: ann@dealmakers.net or Call: 800-732-5856 Contact/Ship to: (TenantSearch is shipped via UPS ground at no charge) Name __________________________________________________ Company _______________________________________________ Street ___________________________________________________ City ____________________________________________________ Phone __________________________________________________ Credit Card

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Card #: _____________________________ Exp. Date: __________ Sec. Code: _______ Signature: ______________________________ Cardholder Name: ________________________________________


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(continued from page eighteen)

UPS Store, Spare Pair and Nail Quest. Area retail includes ShopRite, Kings and Walmart. Area demographics include a population of 149,939 within five miles earning $115,045 as the median household income. The asking rent is $27 psf with CAM of $7.50 psf. For details, contact Sandy Schonberger, Schonberger Associates, LLC, 615 West Mt. Pleasant Avenue, Livingston, NJ 07039; 973-758-9890, Fax 973-758-9877; Email: sandy@schonbergerassociates.com; Web site: www.schonbergerassociates.com.

New York New York – A 12,000 sq.ft. space located at the intersection of Fifth Avenue and East 31st Street is available. The asking rent is $115 psf. For details, contact Mercedes E. Santana, Santana Property Group, 350 Fifth Avenue, 59th Floor, New York, NY 10075; 212-2689322; Email: mercedes@santanapg.com; Web site: www.santanapropertygroup.com.

Pennsylvania Blawnox – A 1.653-acre parcel located at the intersection of Chapel Ridge Alpha Drive and Freeport Road is available. Area retail includes Waterworks Mall. The average daily traffic count is 51,000 vehicles. For details, contact Herky Pollock or Jason Cannon, CB Richard Ellis, 600 Grant Street, Suite 1400, Pittsburgh, PA 15219; 412-3949840/9805; Email: herky.pollock@cbre.com and jason.cannon@cbre.com; Web site: www.cbre.com/pittsburgh. Whitehall – A divisible, freestanding 37,484 sq.ft. former Circuit City located along Grape Street is available. Area retail includes hhgregg, buybuy Baby, Longhorn Steakhouse and Lehigh Valley Mall. For details, contact Derek Zerfass, Colliers International, 7535 Windsor Drive, Suite 208, Allentown, PA 18195; 610-295-6125, Fax 610-770-3100; Email: derek.zerfass@colliers.com; Web site: www.colliers.com.

Rhode Island Kingstown – Frenchtown Plaza, a 126,096 sq.ft. community shopping center located along Post Road, has spaces available of 2,000 sq.ft. and 12,858 sq.ft. Mill Stores anchors the center and cotenants include Hong’s Tae Kwon Do, Domino’s Pizza, RadioShack, Rite Aid, Citizens Bank and Rocky’s Ace Hardware. Area demographics page 20

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Texas

include a population of 66,134 within five miles earning $91,364 as the average household income. Area retail includes Hunt River Commons, featuring Super Stop & Shop, Marshalls, Ocean State Job Lot, GameStop and GNC. Narragansett – Salt Pond Shopping Center, a 185,430 sq.ft. center located along Point Judith Road, has spaces available of 1,600 sq.ft.; 3,275 sq.ft.; 4,584 sq.ft. and 6,730 sq.ft. Super Stop & Shop and Marshalls/HomeGoods anchor the center. Cotenants include West Marine, Anytime Fitness, Dollar Tree, Verizon FiOS, Critter Hut, Precision Watch & Fine Jewelry, Vision World, GameStop, The UPS Store, Self Essentials, Brainwaves Toys, Beltone, Magic Nails, Calvitto’s Pizza, Scott Cleaners and Red Stripe Restaurant. Area demographics include a population of 46,874 within seven miles earning $97,664 as the average household income. The average daily traffic count is 27,000 vehicles. Woonsocket – Park Square Plaza, a 63,123 sq.ft. community shopping center located along Park Avenue, has spaces available of 3,968 sq.ft. and 11,258 sq.ft. Cotenants include D’Angelo’s, Dollar Tree, Ocean State Job Lot and AutoZone. Area demographics include a population of 93,581 within five miles earning $70,490 as the average household income. For details, contact Don Mace, KeyPoint Partners, LLC, One Burlington Woods Drive, Burlington, MA 01803; 781418-6243, Fax 781-229-2823; Email: dmace@keypointpartners.com; Web site: www.keypointpartners.com. For additional information regarding the Narragansett property, contact David Hough; 781-4186209; Email: dhough@keypointpartners.com.

Devine – Devine Retail Center, located along State Highway 173/East Hondo Avenue, has two freestanding buildings of 2,400 sq.ft. and 3,400 sq.ft. available. Area retail includes Pizza Inn, Sonic Drive-In, McDonald’s and Subway. The asking rent is $10 psf with NNN fees of $3.80 psf for the 2,400 sq.ft. building and $12 psf with NNN fees of $3.80 psf for the 3,400 sq.ft. building. San Antonio – Woodlake Market, located at the intersection of FM 78 and Foster/Rittiman Road, has a 1,000 sq.ft. space available along with a 1,505 sq.ft. former Quiznos. Cotenants include Maverick Cleaners, Miracle Nails, The UPS Store, Shipley Donuts, Edward Jones, IHOP, Panda Express and Five Guys Famous Burgers and Fries. Area retail includes H-E-B and Walgreens. The asking rent is $24 psf for the 1,000 sq.ft. space and $22 psf for the 1,505 sq.ft. space with NNN fees of $6.84 psf. For details, contact Dick McCaleb, RFM Commercial, Inc.; 210-826-0036 Ext. 23; Email: dick@rfmcommercial.com; Web site: www.rfmcommercial.com. For additional information regarding the Devine property, contact Mark W. Bauer; 210-826-0036 Ext. 27; Email: mark@rfmcommercial.com.

Tennessee Elizabethton – Carter County Plaza, a 118,834 sq.ft. center located along West Elk Avenue/ U.S. Highway 321, has spaces available of 5,513 sq.ft. and 6,127 sq.ft. along with a pad site. Peebles and Ingles Supermarket anchor the center. Cotenants include Cato, Cash 1, Greg’s Pizza, Hallmark, Hibbett Sports, Verizon Wireless and Firestone. Area retail includes Walmart Supercenter, Lowe’s Home Improvement, Save-A-Lot, Food City and White’s Fresh Foods. Area demographics include a population of 122,726 within 10 miles earning $47,510 as the average household income. The average daily traffic count is 34,000 vehicles. For details, contact National Realty & Development Corp., 3 Manhattanville Road, Purchase, NY 10577; 800-932-7368; Web site: www.nrdc.com.

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Seguin – Plaza Del Rey, located at the intersection of Bypass 123 and East Court Street, has spaces available from 1,100 sq.ft. to 6,500 sq.ft. Cotenants include Melrose, Advance Auto, KFC, CitiFinancial, Verizon Wireless, Subway and Aaron’s. Area retail includes Walmart and H-E-B. For details, contact Chad Clark, Delta Properties, 18585 Sigma Road, Suite 106, San Antonio, TX 78258; 210-404-1333 Ext. 106; Web site: www.deltaproperties.com.

Vermont Burlington – A divisible 3,400 sq.ft. former Olympia Sports located along Church Street is available. Area retail includes Burlington Town Center, Urban Outfitters, Old Navy, Ben & Jerry’s and Borders. The asking rent is $35 psf NNN. Also, a 2,422 sq.ft. space located at the intersection of Church Street and Bank Street is available. Area retail includes The Body Shop, April Cornell, Bruegger’s Bagels and Yankee Candle. The asking rent is $30 psf NNN. For details, contact John Rao III or Yves Bradley, Pomerleau Real Estate, 69 College Street, Burlington, VT 802863-8210; 802-863-8210 Ext. 26/14; (continued on page twenty-two)


d o o g g n i k o o l s i 201 Rep ortin g The Nat ion’ s Wee kly New s on XLIII Ret ailin g & Ret ail Rea l Esta te

Volume XXV No.

Apparel Chains Exp and

May 22-25, 2011 The Dealmakers May 27th issue

distributed at RECon The Global Retail Real Estate Convention in Las Vegas, NV, delivers your advertising message to the real decision makers. Our readers respond and our advertisers get results. SET THE STAGE Book appointments in advance by placing your ad in The Dealmakers May 13th pre-show issue, telling everyone you’re ready to make deals!

November 12, 2010

Nationwide

Eileen Fisher, Inc. FEaTuRiN trades as Eileen Fisher, g Fisher Co. Store, Eileen Fisher Boutiq Eileen Jos. A. Bank Clothiers, Inc. trades as Jos. Eileen Fisher Lab ue and Bank Clothie Store at 52 locatio ICSC Southeast Confe A. rs at 494 locations ns throughout AZ, CA, CO, CT, nationwide. The rence stores, offering men’s FL, IL, MA, MD, MI, NJ, NM, of apparel, occupy New Construction NY, OR, PA, VA, spaces 4,000 sq.ft. to 4,500 WA and Washington, Century Retail is sq.ft. in lifestyle stores, offering women DC. The special developing a and ty 375,000 centers and urban/ ’s apparel, occupy sq.ft. mixed-u of 1,000 sq.ft. to downtown areas. in Avondale Estates, se project 2,500 sq.ft. in upscal spaces Growth opportunities GA........... Pg. 3 are lifestyle centers and downtown areas. e malls, major metropolitan market sought throughout Observations & Convers opportunities are s nationwide during Growth the comin ations Pg. 4 sought nationwide g 18 months. Preferr during the includ coming 18 month ed demographics Profile s. e a population For more inform Real Estate Southea miles earning $90,00 of 150,000 within five st, LLC ....... Pg. ation, contact Karen 6 0 as the average househ Eileen Fisher, Inc., Gray, income. old Two Bridge Street, The company will Buyers & Sellers Irvington, in malls NY 10533; 914-59 also consider locatin Coyote GRF|Inv 1-5700, Fax 914-59 g and factory outlet estors, LLC Web site: www.e centers 1-8900 and . ; Garrison For more inform Investm ileenfisher.com. ation, contact Joe acquired six centers ent Group Jos. A. Bank Clothie throughout Foley, AL, GA and NC ............ rs, Inc., 500 Hanov American Eagle ........... Pg. 8 Hampstead, MD er Pike, Outfitters, Inc. 21074 trades as 443-50 ; 443-508-4871, American Eagle Thalhimer is selling Fax Outfitt 8-4799; Email: an 88,298 sq.ft. center in Richmon jfoley@jos-a-bank.co nationwide and throug ers at 950 locations Web d, VA .... Pg. 15 site: www.josbank m; hout Canada and .com. Rico. The stores, Puerto Openings offerin casual apparel, footwe g men’s and women’s Pretty Urban Outfitters Girl ar and accessories, to open in Memphis, TN ............ spaces of 6,500 occupy and NY. operates 20 locations throughout sq.ft. .............. Pg. 10 NJ The stores, offerin areas. Limited growth in malls and downtown appare g discounted juniors l, occupy spaces JCPenney to open ’ opportunities are three stores of 3,500 sq.ft. to nationwide during sought sq.ft. in during 15,000 2011........................ the outlet, strip, tourist ..... Pg. 12 company also trades coming 18 months. The as well and value centers , as as Food Retailers Expand nationwide and throug aerie at 128 locations are sought urban areas. Growth opportunities LaRosa’s plans to hout Canada. The throughout AL, IL, enter offering women stores, during NJ, NY and PA market ........................ the NC ’s intimate appare the coming ............. Pg. 13 l, spaces of 4,500 18 months, with sq.ft. in malls. Limited occupy representation by Eretz, Sources of Financin Ltd. Typical leases opportunities are growth 10 years. g sought nationwide run A vanilla shell is The Washington during the cotena coming 18 month required. Preferred provided financin Trust Co. s. nts include Target g and T.J. Maxx. Major For more inform centers in MA and for shopping competitors includ RI ............... Pg. ation, contact e Rainbow Shops, 16 Cortazzo, Americ Michael and Ross CitiTrends an Dress for Less. Exclusives 150 Thorn Hill Drive, Eagle Outfitters, Inc., For more Cypress Retail Group Warrendale, PA represents 724-779-5555, Fax 15095; Eretz, Ltd., information, contact Ellaina Dreifac retailers through th h, 724-779-5580; Web out 5916 select markets in CA ............ www.ae.com and sites: 646-457-9837 18 Avenue, Brooklyn, NY 11204; .............. Pg. 16 www.aerie.com. ; Email: ellaina@eretzltd .com. In

ThIs Issue coN TaIN

(continued on page

fourteen)

s INformaTIo * Retailers opera ting 31,381 locati N oN: ons with plans * Real estate value to open 2,246 d in excess of $80 sites million to be boug * Leasing activit ht, sold & finan y on over 4.9 millio ced n sq.ft. of retail properties

Important News Please Expedite

Postmaster: Period

ical

the News Newmark Knight Cynthia Groves Frank hired managing director, as senior consulting.... Pg. 17

Lease Signings S.L. Nusbaum negotiated leases

Realty Co. throughout VA Pg. 18 Lead Sheet Card$mart seeking stores nationwide ............ .................. Pg. 19 Shoe Sensation to open locations throughout AR, IA, MI, OH, PA, TN and IL, IN, KY, WV ......... Pg. 22 Space Place ............ ................. Pg. 23 Most Valuable Players ............. Pg. 30

For more news go www.dealmakers. to: net Mobile Access Code: 111210_CS3.indd

southeastconf2010

1

10/22/2010 10:38:53 AM

MAKE A STATEMENT Your ad will be hand-delivered to every attendee’s hotel room and The Dealmakers May 27th show issue gets exposure on the show floor! FOLLOW UP In addition to powerhouse companies that read The Dealmakers every week, the June 10th post-show issue is mailed to attendees — giving you added exposure! Sizes Full Page 2/3 Page 1/2 Page 1/3 Page 1/4 Page Rates $1,495 $1,040 $800 $550 $475 * Prices are for black and white. Contact us for color pricing.

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Space Place Vermont

(continued from page twenty)

Email: jrao@vermontrealestate.com and ybradley@vermontrealestate.com; Web site: www.vermontrealestate.com.

Virginia Roanoke – Hunting Hills, a 166,207 sq.ft. center located at the intersection of U.S. Highway 220/Franklin Road and Pheasant Ridge Road, has spaces available of 1,126 sq.ft.; 2,550 sq.ft.; 2,750 sq.ft. and 12,600 sq.ft. Kohl’s anchors the center and cotenants include Pizza Hut, Taco Bell, Rack Room Shoes, Cato, Sally Beauty Supply and Dollar Tree. Area demographics include a population of 100,533 within five miles earning $63,303 as the average household income. Vinton – Lake Drive Plaza, a 160,213 sq.ft. center located at the intersection of Route 24/Hardy Road and Clearview Drive, has an 1,800 sq.ft. space available along with a divisible space of 6,400 sq.ft. and a pad site. Kroger, Big Lots and Goodwill Industries anchor the center. Cotenants include Advance America, Nails-N-Rays, Verizon Wireless, GNC,

Virginia

Virginia

China Wall, Subway, Cost Cutters, H&R Block and Dollar Tree. Area demographics include a population of 89,128 within five miles earning $52,301 as the average household income. Virginia Beach – Hilltop Plaza, a 151,184 sq.ft. center located at the intersection of Laskin Road and First Colonial Road, has spaces available of 1,200 sq.ft.; 3,016 sq.ft.; 12,380 sq.ft. and 22,000 sq.ft. Trader Joe’s, Office Depot, PetSmart and Jo-Ann Fabrics anchor the center. Cotenants include Buffalo Beach, Dive Quarters, Benjamin Moore, Sonic Drive-In and Outback Steakhouse. Area demographics include a population of 137,774 within five miles earning $92,055 as the average household income. For details regarding the Roanoke and Vinton properties, contact Craig Sherby, Centro Properties Group, Two Tower Bridge, One Fayette Street, Suite 300, Conshohocken, PA 19428; 610-834-7287; Email: craig.sherby@centroprop.com; Web site: www.centroprop.com. For details regarding the Virginia Beach property, contact Jason Fox; 610-834-7282; Email: jason.fox@centroprop.com.

Virginia Beach – Landstown Commons, a 500,000 sq.ft. power center situated on 60.5 acres at the intersection of Princess Anne Road and Dam Neck Road, has spaces available of 4,939 sq.ft. and 6,278 sq.ft. Kohl’s, Ross Dress for Less, Bed Bath & Beyond, Best Buy, Books-A-Million, PetSmart, OfficeMax and A.C. Moore anchor the center. Cotenants include Shoe Carnival, Rack Room Shoes, Ulta, Deb, Justice, Starbucks, Buffalo Wild Wings, Carters, Lane Bryant, Christopher Banks, Hallmark, Five Below, Walgreens, FedEx Office, GNC and America’s Best Eyeglasses. Area retail includes Target, Party City, Payless ShoeSource and Farm Fresh. Area demographics include a population of 538,359 within 10 miles earning $79,623 as the average household income. The average daily traffic count is 50,000 vehicles. The asking rent ranges from $18 psf to $22 psf. For details, contact Melinda Simons, Levi Thomson or Jay Burnell, Divaris Real Estate, Inc., One Columbus Center, Suite 700, Virginia Beach, VA 23462; 757-497-2113, Fax 757-497-1338; Email: msimons@divaris.com; Web site: www.divaris.com. DM

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Rancho Cucamonga’s families are young and well educated, with an average household income of $94,471. So where do they spend their disposable income every year? $33,682 goes to retail goods. Get to know them better and you’ll discover they’re dedicated shoppers with fashion-forward lifestyles and the means to indulge them.


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