Dealmakers Magazine | April 2, 2010 by The Dealmakers Magazine

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

Volume XXV No. XIII

April 2, 2010

Home-Related Chains Expand Nationwide Bill’s Carpet Fair, Inc. trades as Bill’s Carpet Fair at seven locations throughout MD and VA. The stores, offering carpet, hardwood, laminates and area rugs, occupy spaces of 6,000 sq.ft. to 10,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout MD; Lancaster, Mechanicsburg and York, PA and VA during the coming 18 months. For more information, contact Ruben Schechman, Bill’s Carpet Fair, Inc., 7100 Rutherford Road, Baltimore, MD 21244; 410-298-5800, Fax 410-298-5049; Web site: www.billscarpetfair.com.

PPG Industries trades as Pittsburgh Paint & Glass at 400 locations nationwide and internationally. The stores, offering paints, coatings, optical products, specialty materials, chemicals, glass and fiberglass, occupy spaces of 3,000 sq.ft. in freestanding locations and strip centers. Limited growth opportunities are sought nationwide during the coming 18 months. The company is site-selective. For more information, contact Mike Calleja, PPG Industries, 400 South 13th Street, Louisville, KY 40201; 502-588-9712, Fax 502-588-9360; Email: mike.calleja@ppg.com.

Warehouse Home Furnishings Distributer, Inc. trades as Farmers Home Furniture at 165 locations throughout AL, FL, GA, NC and SC. The stores, offering furniture, appliances and home furnishings, occupy spaces of 15,000 sq.ft. to 20,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout GA during the coming 18 months. Typical leases run five years with options. A vanilla shell is required. Preferred cotenants include Dollar General and grocery stores. Preferred demographics include a population of 15,000 within eight miles earning $35,000 as the average household income. For more information, contact Robert Garrett, Warehouse Home Furnishings Distributer, Inc., 1851 Telfair Street, Dublin, GA 31021; 478-275-6137, Fax 478-275-6136; Email: rgarrett@farmersfurniture.com; Web site: www.farmersfurniture.com.

La Crosse Lumber Co. operates 16 locations throughout IL and MO. The stores, offering building materials, occupy spaces of 2,000 sq.ft. to 8,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. A vanilla shell and specific improvements are required. Preferred demographics include a population of 12,000 within 20 miles earning $25,000 as the average household income. Major competitors include Home Depot, Lowe’s Home Improvement and local building centers. A land area of three acres is required. For more information, contact Doyle Wiskur, La Crosse Lumber Co., 200 North Main Street, Louisiana, MO 63353; 573-754-4533, Fax 573754-6229; Email: lacrossedoitbest@aol.com; Web site: www.lacrosse.doitbest.com. (continued on page ten)

This issue contains information on:

* Retailers operating 16,199 locations with plans to open 1,807 sites * Real estate valued in excess of $76.7 million to be bought, sold & financed * Leasing activity on over 3.5 million sq.ft. of retail properties

Important News Please Expedite

Postmaster: Periodical

Featuring Post-Show Monterey IDEX New Construction IRG, LLC and Bear Creek Capital is developing a 247acre mixed-use project........... Pg. 3 Southstar is developing a 76,000 sq.ft. center in Fairview, TN.......................... Pg. 10 Openings Delhaize Group to open 120 to 130 stores this year............ Pg. 4 Edible Arrangements plans to open stores nationwide and internationally....................... Pg. 6 Buyers and Sellers Sansome Pacific Properties, Inc. looks to acquire singletenant properties nationwide Pg. 5 Sources of Financing Holliday Fenoglio Fowler, LP arranged a $13.1 million loan for refinancing of a center in Worcester, MA...................... Pg. 7 Lease Signings NAI Capital negotiated a lease with Sprouts Farmer’s Market in Thousand Oaks, CA........... Pg. 7 Food Retailers Expand Auntie Anne’s looks to expand nationwide............................ Pg. 8 Exclusives Present Value Properties, Inc. represents Payless ShoeSource throughout southern CA........ Pg. 9 In The News Jones Lang LaSalle hired Andy Wiggers as vice president of retail development................. Pg. 10 Lead Sheet Hobby Lobby looks to expand along the East Coast and throughout the western U.S. Pg. 11 Sport Clips is planning to open stores throughout select markets in NJ......................... Pg. 14 Space Place........................... Pg. 16

For more news go to: www.dealmakers.net

New Construction Kaneohe Ranch Management, Ltd. is preleasing the third phase of its redevelopment of Kailua Town Center, located at the intersection of Kailua Road and Hinano Way in Kailua, HI. The third phase will be anchored by a 32,000 sq.ft. Whole Foods Market. Spaces are available. The project is slated to be completed during 2011. For more information, contact Kaneohe Ranch Management, Ltd., Castle Junction, 1199 Auloa Road, Kailua, HI 96734; 808263-8900, Fax 808-263-8919; Email: info@kaneoheranch.com; Web site: www.kaneoheranch.com.

President/Publisher.............................. Ann O'Neal ann@dealmakers.net Vice President .................................. Alyson Parker alyson@dealmakers.net Art Director................................. Anthony Pingicer anthony@dealmakers.net Editor.................................................. Erin Dunkley erin@dealmakers.net Editor............................................ Nicholas Hamner nicks@dealmakers.net Editor............................................... Adam Taliercio adamt@dealmakers.net Director of Circulation..................... Jane Winterle jane@dealmakers.net Advertising Coordinator............ Stephani Hamner stephani@dealmakers.net Founder..................................................... Ted Kraus 1979–2007

The Dealmakers TM (ISSN 1055-0771) is published weekly except for the weeks of January 1st, July 4th, the ICSC's Spring and Fall Conventions and December 25th for $294 per year U.S., foreign $319 by TKO Real Estate Advisory Group Inc. PO Box 2630 Mercerville, NJ 08690-0630. The Dealmakers TM reports on over 20,000 retailers, developers and management companies every year. It is written by real estate professionals for real estate professionals. The newsletter keeps readers abreast of the latest leasing, development and management changes occurring in the real estate industry on a weekly basis. NOTE: Current federal law requires written consent from a company prior to utilizing the published fax number. Share The Dealmakers TM with your organization or service for free. Just let us know when your next meeting is and we'll send you copies of our issue for free for your members to learn how to be a better dealmaker! POSTMASTER: Send address changes to The Dealmakers, PO Box 2630 Mercerville, NJ 086900630 or 100 Youngs Road, Mercerville, NJ 08619. Periodical postage paid at Trenton, NJ and at additional mailing offices. Affiliated with Tenant Search, E.S.P., Properties by Fax Copyright 2010 by TKO Real Estate Advisory Group Inc. 609-587-6200, fax 609-587-3511.

Colliers Lanard & Axilbund is preleasing The Meadows at Cross Keys, a 165,000 sq.ft. center situated on 24 acres at the intersection of County Route 689/Berlin-Cross Keys Road and County Route 704/Chews Landing Road in Sicklerville, NJ. Anchor, junior anchor and shop spaces are available along with pad sites. Area retail includes Acme, Family Dollar, ShopRite, Checkers, Blockbuster Video, Sonic Drive-In, Five Guys Famous Burgers and Fries, Wawa, Target, Lowe’s Home Improvement, PetSmart, Sleepy’s, Chick-fil-A, Applebee’s and Michaels. Area demographics include a population of 139,355 within a five-mile radius earning an average household income of $71,946. The average daily traffic count is 43,526 vehicles. For more information, contact David Dunkelman, Colliers Lanard & Axilbund, 399 Market Street, Philadelphia, PA 19105; 215-928-7542, Fax 215-925-1040; Email: david.dunkelman@colliers.com; Web site: www.colliers.com/philadelphia. Grubb & Ellis Co. is preleasing a 10,200 sq.ft. two-level center situated on 0.75 acres along Route 9 North in South Amboy, NJ. Area retail includes Burger King, McDonald’s, PeterPank Diner, Dunkin’ Donuts, White Castle, Taco Bell, Modell’s, Home Depot, Walmart, BJ’s Wholesale Club and Pathmark. Area demographics include a population of 204,772 within a five-mile radius earning an average household income of $79,571. The average daily traffic count is 35,300 vehicles. For more information, contact David Greenman or Daniel Lanni, Grubb & Ellis Co., 105 Fieldcrest Avenue, Raritan Plaza III, Edison, NJ 08837; 732-7901376/1385, Fax 732-225-6167; Emails: david.greenman@grubb-ellis.com and daniel.lanni@grubb-ellis.com. IRG, LLC, in partnership with Bear Creek Capital, is developing The Parks of Pinellas, a 247-acre mixed-use project located at the intersection of Interstate 275 and Roosevelt Boulevard in St. Petersburg, FL. The project includes a 2,113-unit residential component, a 1.5 million sq.ft. retail component, a two million sq.ft. office component, a 375-unit hospitality component and an intermodal component. Groundbreaking is slated for 2013. The project will be developed in phases. For more information, contact IRG, LLC, 12214 Lakewood Boulevard, Downey, CA 90242; 562-803-4761, Fax 562-803-4796; Web site: www.irg.cc. Or Bear Creek Capital, 9549 Montgomery Road, Cincinnati, OH 45242; 513-793-1500. www.dealmakers.net

The

illi Commercial Real Estate is preleasing DeSoto Square, located at the intersection of DeSoto Avenue and Knapp Street in Chatsworth, CA. Retail and restaurant spaces are available. Cotenants include McDonald’s. Area retail includes Subway, Bally Total Fitness, Chase Bank, Wells Fargo Bank and Starbucks. Area demographics include a population of 403,477 within a five-mile radius earning an average household income of $85,937. For more information, contact Eli Shtrum or Todd Nathanson, illi Commercial Real Estate, 17547 Ventura Boulevard, Suite 304, Encino, CA 91316; 818-501-2212 Ext. 109/101, Fax 818-501-2202; Emails: eli@illicre.com and todd@illicre.com; Web site: www.illicre.com. First Western Properties, Inc. is preleasing a 10,000 sq.ft. center situated on a 17,000 sq.ft. outlot at the intersection of West 24th Street and South Western Avenue in Chicago, IL. Spaces are available. Area retail includes GameStop, Dunkin’ Donuts, Subway, Bank of America, Pizza Hut, AutoZone, Blockbuster Video and McDonald’s. Area demographics include a population of 884,159 within a five-mile radius earning an average household income of $62,320. The asking rent is $25 psf NNN. For more information, contact First Western Properties, Inc., 4431 North Milwaukee Avenue, Unit B, Chicago, IL 60630; 773-545-2000, Fax 773-545-4067; Email: firstwesternproperties@gmail.com. The Sembler Co. is developing a 280-acre project located in Jasper County, SC near Sun City and Bluffton. For more information, contact The Sembler Co., 5858 Central Avenue, St. Petersburg, FL 33707; 732-384-6000, Fax 727-343-4272; Web site: www.sembler.com. KB Real Estate, Inc. is redeveloping a center located along IL Route 23/South 4th Street in DeKalb, IL. Dollar General anchors the center and cotenants include Lehan Drug Store. Spaces are available along with a 25,000 sq.ft. outlot. Area demographics include a population of 70,562 within a 10-mile radius earning a median household income of $50,613. The asking rent ranges from $8 psf to $10 psf NNN. For more information, contact Tony Kahan or Rich Kahan, KB Real Estate, Inc., 790 Frontage Road, Suite 315, Northfield, IL 60093; 847-441-4424/4425; Emails: tkahan@kbrealestate.com and rkahan@kbrealestate.com; Web site: www.kbrealestate.com.

Dealmakers

(continued on page ten) April 2, 2010

page 3

Who’s Opening and Where Best Buy Co., Inc. (612-291-1000) will open a 32,000 sq.ft. Best Buy in a combination of a former World of Décor Auction Extravaganza and a Linens ‘N Things site at The Walk at Highwoods Preserve, located at the intersection of Bruce B. Downs Boulevard and Highwoods Preserve Parkway in Tampa, FL. World of Décor Auction Extravaganza had occupied the site since July 2009 and will relocate into a 32,900 sq.ft. former Circuit City site located adjacent to the former Linens ‘N Things site. The opening will be Best Buy’s sixth store in Hillsborough County, FL. Delhaize Group (704-633-8250) plans to open between 120 and 130 stores this year while renovating 100 existing locations. The company plans to close 15 Food Lion supermarkets and one Bloom grocery store. The company trades as Food Lion, Bloom, Hannaford and Sweetbay. DirectBuy, Inc. (219-736-1100) is planning to open DirectBuy showrooms in WI, including two in Milwaukee and one each in Ft. Atkinson and Madison. The company currently operates 160 buyer’s clubs, offering brand-name furniture and appliances, nationwide and throughout Canada.

Casey’s General Stores, Inc. (515-965-6100) will open a Casey’s General Store in Neosho, MO as early as May. The convenience store will be in the company’s new, larger floorplan design with a GLA of 3,700 sq.ft. and will feature more fuel pumps and a more upscale interior than the company’s traditional stores. The new concept also features an expanded cooler section and a made-to-order sandwich station. The company currently operates 1,474 stores throughout the Midwest. Aldi, Inc. (630-879-8100) will open a 17,000 sq.ft. Aldi supermarket on a 2.1-acre parcel located at the intersection of Louisville Road and U.S. 129 Bypass in Alcoa, TN. The discount supermarkets offering private-label grocery items, will open during the winter of 2011. Nordstrom, Inc. (206-628-2111) will open a Nordstrom Rack location in Chicago, IL’s Magnificent Mile area, along East Chicago Avenue between North Michigan Avenue and North Rush Street this fall. The opening will be the company’s seventh Nordstrom Rack location in Chicago, including a downtown store located at the intersection of State Street and Washington Street.

The TJX Cos., Inc. (508-390-3000) is planning to open a 25,000 sq.ft. T.J. Maxx store in a former Linens ‘N Things site at Wareham Crossing, a retail center located in Wareham, MA. The store is slated to open during the first half of this year and will join Target and Lowe’s Home Improvement at the center. Buckle, Inc. (440-934-1415) will open a 5,759 sq.ft. Buckle store at Eastview Mall, located in Victor, NY. The store is slated to open during late June or early July. The stores offer name-brand denim and lifestyle apparel along with personal jean fittings and free hemming of purchased apparel. The company currently operates 400 stores throughout 41 states nationwide. The opening will be the company’s third in NY. Whole Foods Market, Inc. (512-477-4455) will open a 42,000 sq.ft. Whole Foods Market at Trolley Square, a retail center currently under renovation in Salt Lake City, UT. Renovations to the center are slated for completion during June and the supermarket, offering natural and organic grocery items, is slated to open during February 2011. (continued on page six)

Choosing the Right Site is Crucial to Your Success Avoid Investing in Locations That Won’t Meet Your Revenue Expectations. It is imperative in today’s economy that you are right about your site location decisions. One bad site choice can cost you millions in lost revenue. Nielsen Claritas provides accurate answers to the following questions: • Where should I open new sites? • Which unproductive sites should I close? • Where are my best opportunities for expansion? With accurate demographics, robust technology and the largest partner network in the industry, our state-of-the-art solutions transform site location strategies into actionable plans for success.

page 4

April 2, 2010

The

Dealmakers

www.dealmakers.net

2009 Nielsen Claritas Update Demographics Now Available! Visit www.claritas.com/dealmakers for details or call (877) 707-2385.

s at ICSC’s RECon Booth #5000.

Buyers and Sellers Faris Lee Investments is selling a 15,772 sq.ft. two-tenant center situated on 1.52 acres at the intersection of Lakewood Boulevard and Alondra Boulevard in Paramount, CA. The center is occupied by CVS and Starbucks. CVS is bound to a 20-year NNN lease and Starbucks is bound to a 10-year NNN lease. Both leases feature options and periodic rent escalations. Area demographics include a population of 770,000 within a five-mile radius. The average daily traffic count is 60,000 vehicles. The asking price is $8.18 million with a Cap rate of 6.5%. The company is also selling a 23,087 sq.ft. pad site at The Shops at Sycamore Creek, a retail center located at the intersection of Interstate 15/Corona Freeway and Indian Truck Trail Road in Corona, CA. A Von’s Fuel occupies the site under a 20-year NNN ground lease set to expire during September 2028 featuring six, five-year options, a 10% rent escalation after year 10 and 11% rent escalations at each option. Area demographics include a population of 178,350 within a 10mile radius earning an average household income of $95,309. The NOI is $160,000. The asking price is $2.286 million with a Cap rate of 7%. The company is also selling a 12,900 sq.ft. CVS situated on 1.89 acres at The Shops at Sycamore Creek, a retail center located at the intersection of Interstate 15/ Corona Freeway and Indian Truck Trail Road in Corona, CA. The tenant is bound to a 25year NNN lease set to expire during October 2033 featuring five, five-year options, a 10% rent escalation at year 11 and 9% rent escalations every five years, including options, beginning during year 21. The NOI is $365,496. The asking price is $5.415 million with a Cap rate of 6.75%. For more information regarding the Paramount site, contact Nicholas Coo, Faris Lee Investments, 2301 Dupont Drive, Suite 100, Irvine, CA 92612; 949-221-1811, Fax 949-221-1830; Email: ncoo@farislee.com; Web site: www.farislee.com. For more information regarding the Corona sites, contact Dennis Vaccaro; 949-221-1800; Email: dvaccaro@farislee.com. Tri State Commercial, Inc. is selling a 27acre parcel located along Route 9 in Little Egg Harbor Township, NJ. The property is approved for a 95,562 sq.ft. retail development and is bank-owned. The asking price is $2.5 million. For more information, contact Darrin S. Hiban, Tri State Commercial, Inc., 1000 Route 34, Suite 103, Matawan, NJ 07747; 866-765-3071 or 732-5668211 Ext. 203, Fax 732-566-9311; Email: njretailbroker@aol.com; Web site: www.tristatecommercialre.com.

Colliers International is selling Imperial at Hoover Plaza, an 11,968 sq.ft. center situated on a land area of 26,572 sq.ft. along West Imperial Highway in Los Angeles, CA. Tenants include MetroPCS, Mother’s Nutritional Center, Watts Health, Subway, RPM Lenders, Mini Check Cashing and Fiesta Ranch Market. All tenants are bound to NNN leases featuring five-year options and rent escalations. Area demographics include a population of 383,978 within a threemile radius earning an average household income of $44,315. The NOI is $401,532. The asking price is $5.735 million with a Cap rate of 7%. For more information, contact Armando Aguirre, Colliers International, 865 South Figueroa Street, Suite 3500, Los Angeles, CA 90017; 213-532-3272, Fax 213-327-3272; Email: armando.aguirre@colliers.com; Web site: www.colliers.com. Harbor Group International, LLC acquired two CVS sites located in Erie, PA and Atlanta, GA for a total of $7.8 million with a Cap rate of 8.15%. The tenants were each bound to leases with 24 years remaining on the original lease term. For more information, contact Harbor Group International, LLC, 999 Waterside Drive, Suite 2300, Norfolk, VA 23510; Web site: www.harborgroupint.com. JBG Rosenfeld Retail, along with Buvermo Investments and JBG Funds VI and VII, acquired The Village at Waugh Chapel, a 390,000 sq.ft. center located at the intersection of Route 3/Crain Highway and Waugh Chapel Road in Gambrills, MD. At the time of sale, the center was 96% leased with tenants including Safeway, Marshalls, LA Fitness, HomeGoods, Rite Aid, Robert Andrew Day Spa, Applebee’s, Chipotle, Atlanta Bread Co., Cold Stone Creamery, Caribou Coffee, Bob Evans and Chick-fil-A. The companies acquired the center from a group of investors represented by CB Richard Ellis. For more information, contact JBG Rosenfeld Retail, 4445 Willard Avenue, Suite 700, Chevy Chase, MD 20815; 301657-0700, Fax 301-657-9850; Web site: www.jbgr.com. NAI DiLeoBram is selling a 1.44-acre parcel located along U.S. Route 1 North in Edison, NJ. The asking price is $1.65 million. For more information, contact Chris Galiano, NAI DiLeoBram, 1315 Stelton Road, Piscataway, NJ 08854; 732985-3000, Fax 732-985-3022; Email: cgaliano@naidileobram.com; Web site: www.naidileobram.com. www.dealmakers.net

The

The Shopping Center Group is selling a portfolio of La Petite Academy sites located in Cordova, Knoxville and Memphis, TN. The asking price is $2.5 million with a Cap rate of 13%. The properties are available individually, with the Cordova site available for $790,000 with a Cap rate of 11%; the Knoxville site available for $1.015 million with a Cap rate of 11%, and the Memphis site available for $1.19 million with a Cap rate of 11%. For more information, contact Daniel Earles, The Shopping Center Group, 300 Galleria Parkway, Atlanta, GA 30339; 770955-2434, Fax 770-951-0054. Mid-America Real Estate Corp. is selling parcels of 1.55 acres and 2.39 acres located along La Grange Road in Orland Park, IL. Lowe’s Home Improvement shadowanchors the sites. Area demographics include a population of 175,570 within a five-mile radius earning a median household income of $85,910. The average daily traffic count is 41,300 vehicles. For more information, contact Jeff Kuchman, Mid-America Real Estate Corp., One Parkview Plaza, 9th Floor, Oakbrook Terrace, IL 60181; 630-954-7331, Fax 630954-7304; Email: kuch@midamericagrp.com; Web site: www.midamericagrp.com. Sansome Pacific Properties, Inc. is looking to acquire seasoned single-tenant properties nationwide. Suitable properties feature investment-grade tenants bound to leases with between one and nine years remaining on the original lease term and are priced between $2 million and $25 million with Cap rates above 10%. The company will consider sale-leaseback transactions and will consider acquiring properties bound to long-term leases on a case-by-case basis. For more information, contact Sansome Pacific Properties, Inc., 500 Washington Street, Suite 475, San Francisco, CA 94111; 415-781-2900; Web site: www.sansomepacific.com. Daum Commercial Real Estate Services is selling a 2.64-acre parcel located in Ontario, CA. Area draws include Ontario International Airport. The site is approved for retail use or a restaurant with drive-thru. The asking price is $2 million. For more information, contact Craig Mitchell, Daum Commercial Real Estate Services, 4120 East Concours, Suite 400, Ontario, CA 91764; 909652-9041, Fax 909-652-9061; Email: craig.mitchell@daumcommercial.com; Web site: www.daumcommercial.com. DM

Dealmakers

April 2, 2010

page 5

Who’s Opening and Where (continued from page four)

Target Corp. (612-304-6073) plans to open 10 Target stores this year, net of closings and relocations, and remodel 340 existing stores to include larger grocery selections and revamped beauty, home and electronics departments. The company is also developing a smaller store format, intended for denselypopulated urban areas, that it plans to launch during the next several years. The company is also looking to expand into Canada, Mexico or Latin America during the next three to five years. The company currently operates 1,744 stores, trading as Target and SuperTarget, nationwide throughout 49 states.

The Kroger Co. (513-762-4000) will open a Kroger Fresh Fare supermarket at the intersection of Berry Street and University Drive in Ft. Worth, TX. The company’s Fresh Fare concept focuses on fresh produce, deli foods and prepared meals. The store is slated to open during the summer. CVS Caremark Corp. (877-265-7325) will open a CVS drug store in Ballwin, MO during the fall. The company recently entered the St. Louis, MO metropolitan area, opening four stores during the first two months of the year, including two stores in St. Louis and one each in Ellisville and Olivette.

ROCK SOLID &

GROWING STRONG ✓ ✓ ✓ ✓

GROWING STRONG… Over 4,500 stores, and we open more every week STORES THAT ARE 100% COMPANY OWNED AND OPERATED… No franchises FINANCIALLY DISCIPLINED… We make the right decisions to protect our shareholders RELIABLE… Whether purchase money or rent, our funds will be there…on time, every time AutoZone, a publicly-traded Fortune 500 company, is the #1 auto parts retailer in America. We have over 4,250 stores in 48 U.S. states plus the District of Columbia & Puerto Rico and over 200 stores in Mexico.

VISIT OUR BOOTH AT ICSC 2010 RECon S. 6116 61ST AVE. South Hall (downstairs)

www.autozonerealestate.com SITE CRITERIA • • • •

Stores typically range from 6,500 square feet to 8,000 square feet Must accommodate between 25 and 40 uncongested, customer-friendly parking spaces We require up-front, high-impact locations with excellent visibility & access from adjacent streets Land purchases (preferred), existing building leases, and ground leases are all considered

page 6

April 2, 2010

The

Dealmakers

www.dealmakers.net

Einstein Noah Restaurant Group, Inc. (303-568-8000), through franchisee Ellaicy Restaurant Co., Inc., plans to open five Einstein Bros. Bagels restaurants throughout Bloomington-Normal, East Peoria and Peoria, IL during the next five years. The restaurants offer a menu featuring bagels and other baked goods, breakfast and lunch sandwiches, specialty coffee drinks, soups, salads and desserts. The company currently operates 600 units nationwide throughout 36 states and Washington, DC. Edible Arrangements International, Inc. (877727-4258), through franchisees, plans to open Edible Arrangements locations nationwide and internationally this year as part of a plan to operate 1,000 locations by year’s end. Growth is focused on the Pacific Northwest and the Midwest as well as internationally. The stores offer hand-sculpted fresh fruit bouquets and arrangements. The company is also developing Frutation by Edible Arrangements, a grab-and-go food concept offering fresh-fruit smoothies and juices, dipped fruit, fruit salads and other freshfruit items that will operate paired with an Edible Arrangements location. The company currently operates 940 units nationwide and internationally in Canada, Puerto Rico, the United Kingdom, Saudi Arabia, the United Arab Emirates, Kuwait, Qatar, Italy, Turkey and Hong Kong. Tractor Supply Co., Inc. (615-366-4600) will open a 21,688 sq.ft. Tractor Supply Co. store along Silverback Lane in Painted Post, NY during June. The stores offer equestrian, livestock and pet supplies along with agricultural products, tools and hardware, light truck equipment, work apparel, footwear and seasonal items, and feature outdoor display areas for fencing, sprayers and livestock equipment. The company currently operates 900 stores throughout 44 states nationwide. The Painted Post location will be the company’s 55th in NY. DM

Get listed in the dealmakers magazine… for free! we want to market your projects! Submit your project information easily at www.dealmakers.net/FreePublicity.aspx

Lease Signings

Sources of Financing Holliday Fenoglio Fowler, LP brokered a $13.1 million loan for KOP Perkins Farm Marketplace, LLC for the refinancing of Worcester Shopping Center, a 203,000 sq.ft. center located along Grafton Street in Worcester, MA. UniBank for Savings, Webster Five Cents Savings Bank and Marlborough Savings Bank combined to provide the loan. The center is 100% leased with tenants including Super Stop & Shop, A.J. Wright and Building 19. For more information, contact Holliday Fenoglio Fowler, LP, 9 Greenway Plaza, Suite 700, Houston, TX 77046; 713-852-3500, Fax 713-527-8725; Web site: www.hfflp.com. Amerifund provides credit tenant lease financing for single-tenant properties nationwide. Non-recourse financing is available with fixed interest rates coterminous to the lease term. The maximum loan-tovalue ratio is 100% and there is no maximum loan-to-cost ratio. The company has lending packages for Ahold Supermarkets, Delhaize Group, AutoZone, CVS, Home Depot, Kohl’s, The Kroger Co., Lowe’s Home Improvement, McDonald’s, O’Reilly Auto Parts, Publix, Safeway and Walgreens sites. For more information, contact Maury Gordon, Amerifund Commercial Corp.; 914-472-7315, Fax 914-472-8035; Email: mgordon@amerifundcorp.com; Web site: www.amerifundcorp.com. Guardian Solutions offers commercial loan modification services. The company may extend the terms of existing loans or alter interest rates and due dates. Potential loans to be modified must have current taxes or an approved payment plan and any liens or mortgages must agree to subordinate the first mortgage. For more information, contact Guardian Solutions, 601 Cleveland Street, Suite 300, Clearwater, FL 33755; 877-3906458, Fax 727-446-7500; Web site: www.guardiansolutions.org. DM

Read past issues of The Dealmakers in our all-new format online at www.dealmakers.net

Centro Properties Group (212-869-3000) signed a lease with Natural Nails & Spa for 1,800 sq.ft. at The Shoppes at Fox Run, located at the intersection of New London Turnpike and Welles Street in Glastonbury, CT. The company also negotiated a lease with Music & Arts Center for 3,600 sq.ft. at Conyers Crossroads, located at the intersection of Dogwood Drive and Courtsey Lane in Conyers, GA. The company also signed a lease with SW Suits for 5,000 sq.ft. at Montebello Plaza, located at the intersection of West Via Campo and North Wilcox Avenue in Montebello, CA. The company also signed a lease with Great Cuts for 1,187 sq.ft. at Aurora Plaza, located at the intersection of Peoria Street and East Sixth Avenue in Aurora, CO. The company also signed a lease with H&R Block for 1,614 sq.ft. at Crossroads Center, located at the intersection of Spencer Highway and Red Bluff Road in Pasadena, TX. New Regional Planning represented the tenant in the transaction. The company also signed a lease with On a Wing and a Prayer for 3,028 sq.ft. at Prospect Plaza, located at the intersection of 64th Street and Prospect Road/Antioch Road in Gladstone, MO. The company also signed a lease with Kroger for 34,000 sq.ft. at Speedway Super Center, located at the intersection of Crawfordsville Road and Interstate 465 in Indianapolis, IN. The tenant used the space to expand its existing 60,000 sq.ft. store into a 94,000 sq.ft. supermarket. Other tenants in the center include Kohl’s, Sears, Petco, Applebee’s, Finish Line, Simply Fashion, A.J. Wright, GameStop, Payless ShoeSource, RadioShack and Foot Locker. Mid-America Real Estate – Wisconsin, LLC (414-273-4600) negotiated leases with Mattress Firm for 3,500 sq.ft., Dollar Tree for 9,000 sq.ft., Men’s Hair House for 2,103 sq.ft. and Five Guys Famous Burgers and Fries for 2,500 sq.ft. at Shoppes at Fox River, located along West Sunset Drive in Waukesha, WI. The company represented the landlord, Opus North Corp., in the transactions. The company also negotiated a lease with Fashion XChange for 3,758 sq.ft. at The Plaza, located along Bluemound Road in Brookfield, WI. The company represented the landlord, Inland Commercial Property Management, Inc., in the transaction. The company also negotiated a lease with Jimmy John’s for 1,700 sq.ft. along Milton Avenue in Janesville, WI. The company represented the tenant in the transaction. The company also negotiated a lease with Fitness 19 for 8,225 sq.ft. at Green Bay Plaza, located along South Military Avenue in Green Bay, WI. The company represented the landlord, Green Bay Plaza, LLC, in the transaction. www.dealmakers.net

The

LaKritz-Weber & Co. (248-353-9494) negotiated leases with Youngmi Ko for 935 sq.ft. and with Knitting on the Fringe for 1,155 sq.ft. at Simsbury Plaza, located at the intersection of 14 Mile Road and Farmington Road in West Bloomfield, MI. The company represented the landlord, Gershenson Realty & Investment, and the tenants in the transactions. The company also negotiated a lease with Gold Rush Jewelry Store for 1,470 sq.ft. at Bay River Marketplace, located along 26 Mile Road in Lenox Township, MI. The company represented the landlord, Aragona Properties, in the transaction. The tenant joins Meijer, Tim Horton’s, Fifth Third Bank and Sprint. The company also negotiated a lease with Sneaker Station for 3,111 sq.ft. at The Shops at Woodward Place, located along Woodward Avenue in Highland Park, MI. The company represented the landlord, Woodward Place, LLC, in the transaction. The tenant will use the space to expand its existing store. The company also negotiated a lease with Ahmad Family Enterprises for a 1,960 sq.ft. Mediterranean restaurant at Heritage Village, located at the intersection of 12 Mile Road and Mound Road in Warren, MI. The company represented the landlord, Grand Sakwa, in the transaction. NAI Isaac (859-224-2000) negotiated a lease with Pieratt’s for a 25,000 sq.ft. former Goody’s site at Richmond Centre, an 800,000 sq.ft. center located in Richmond, VA. The tenant joins Meijer, JCPenney, Belk, T.J. Maxx, Hastings Entertainment and Cinemark Theater at the center. NAI Capital (805-446-2401) negotiated a lease with Sprouts Farmer’s Market for a 23,710 sq.ft. former Circuit City site along Hillcrest Drive in Thousand Oaks, CA. CB Richard Ellis (919-831-8200) negotiated leases with CosmoProf, Blake’s Barber & Beauty Salon and Big Lots for a total of 36,200 sq.ft. at North South Station, located at the intersection of South Wilmington Street, Highway 70 and Highway 401 in Raleigh, NC. Levin Management Corp. (800-488-0768) negotiated a lease with Verizon FiOS for 2,280 sq.ft. at The Hills Village Center, a 109,800 sq.ft. center located along U.S. Highway 202/206 in Bedminster, NJ. The tenant joins Kings Supermarket, CVS, PNC Bank, Starbucks, McGrath’s Hardware, GNC and Peapack-Gladstone Bank at the center. SRS Real Estate Partners (949-698-1110 or 310-815-8611) negotiated a lease with Total Wine & More for 18,018 sq.ft. at Brea Plaza, located in Brea, CA. DM

Dealmakers

April 2, 2010

page 7

Food Retailers Expand Nationwide Lime Fresh Mexican Grill operates five locations throughout FL. The Mexican restaurants, offering 50 variations of hot sauces and a homemade salsa bar, occupy spaces of 2,000 sq.ft. to 3,000 sq.ft. in inline spaces and endcaps of power centers. Growth opportunities are sought throughout Broward and West Palm Beach counties in FL during the coming 18 months, with representation by The Rotella Group. Preferred cotenants include grocery stores. The company requires sites with patio space and the ability to incorporate awnings and umbrellas. Yogurt Mountain operates two locations throughout AL. The frozen yogurt shops occupy spaces of 2,000 sq.ft. in inline spaces and endcaps of shopping centers. Growth opportunities are sought throughout southeastern FL during the coming 18 months, with representation by The Rotella Group. Preferred cotenants include grocery stores. For more information, contact Dan Coyle, The Rotella Group, 3300 North Federal Highway, Suite 200, Ft. Lauderdale, FL 33306; 954-568-9015, Fax 954-568-9597; Email: dan@rotellagroup.com; Web site: www.rotellagroup.com. Sakura Garden operates 15 locations throughout CT and Westchester, NY. The restaurants occupy spaces of 4,000 sq.ft. to 10,000 sq.ft. in power and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months, with representation by Oxford Real Estate Services Group. Typical leases run 10 years. A vanilla shell and specific improvements are required. Preferred cotenants include supermarkets. Preferred demographics include a population of 30,000 within three miles earning $40,000 as the average household income. For more information, contact Michael Berke, Oxford Real Estate Services Group, 388 East Main Street, Branford, CT 06405; 203-483-2900, Fax 203-483-2999; Email: oxfordre@aol.com. James Original Coney Island operates 20 locations throughout TX. The restaurants, offering hot dogs, burgers, chili and side and dessert items, occupy spaces of 3,400 sq.ft. in freestanding locations. Plans call for five openings throughout Houston, TX and the surrounding area during the coming 18 months, with representation by United Equities. Typical leases run 10 to 20 years. For more information, contact Buster Freedman, United Equities, 4545 Bissonnet Street, Suite 100, Bellaire, TX 77401; 713-772-6262, Fax 713-981-4035; Email: bfreedman@unitedequities.com; Web site: www.unitedequities.com. page 8

April 2, 2010

The

So Green Yogurt operates three locations throughout Oakland and San Francisco, CA and Edison, NJ. The yogurt shops occupy spaces of 600 sq.ft. to 2,000 sq.ft. in downtown areas. Growth opportunities are sought throughout Manhattan, NY during the coming 18 months, with representation by Winick Realty Group. Energy Kitchen operates nine locations throughout NJ and NY. The health food restaurants, offering soups, salads, wraps, burgers and smoothies, occupy spaces of 1,200 sq.ft. to 2,500 sq.ft. in downtown areas. Growth opportunities are sought throughout NJ and Brooklyn, Manhattan and Queens, NY during the coming 18 months, with representation by Winick Realty Group. Ventilation is required. For more information regarding So Green Yogurt, contact Benjamin Fox or Zach Fox, Winick Realty Group, 655 3rd Avenue, 8th Floor, New York, NY 10017; 212-7922605/2639; Emails: bfox@winick.com and zfox@winick.com; Web sites: www.winick.com and www.sogreenyogurt.com. For more information regarding Energy Kitchen, contact Jamie Rogers; 212-7922606; Email: jrogers@winick.com; Web site: www.energykitchen.com. Cheddars Casual Café operates 80 locations throughout AL, AR, CO, FL, GA, IA, IL, IN, KS, KY, MI, MO, MS, NC, OH, OK, TN, TX, VA and WV. The casual restaurants occupy spaces of 8,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout Tampa, FL during the coming 18 months, with representation by Landmark Sites, Inc. Major competitors include Applebee’s and Chili’s. Preferred demographics include a population of 125,000 within five miles earning $35,000 as the average household income. A land area of 1.5 to 1.8 acres is required. For more information, contact Bill Hickman, Landmark Sites, Inc., 1049 Royal Birkdale Drive, Tarpon Springs, FL 34688; 727-944-2663, Fax 727-944-2665; Email: bgh.lansit@verizon.net; Web site: www.cheddars.com. Chelsea Ristorante operates one location in NY. The restaurant prefers to occupy spaces of 500 sq.ft. to 2,000 sq.ft. in urban/ downtown areas. Growth opportunities are sought within 50 miles of New York, NY during the coming 18 months. Typical leases run 10 to 15 years with one, five-year option preferred. For more information, contact Nino Vuthi, Chelsea Ristorante, 108 8th Avenue, New York, NY 10011; 212-924-7786, Fax 212633-8440.

Dealmakers

www.dealmakers.net

El Pollo Loco, Inc. trades as El Pollo Loco at 412 locations throughout AZ, CA, CO, CT, GA, IL, MO, NJ, NV, OR, TX, UT and VA. The quick-service restaurants occupy spaces of 1,800 sq.ft. to 3,200 sq.ft. in freestanding locations and endcaps of shopping centers with a drive-thru. Plans call for 15 openings throughout CA, GA, MO, OR, TX, UT and VA during the coming 18 months. Typical leases run 20 years with three, five-year options. The company is franchising. For more information, contact Sandy Martin, El Pollo Loco, Inc., 3535 Harbor Boulevard, Suite 100, Costa Mesa, CA 92626; 714-599-5000, Fax 714-599-5536; Email: smartin@elpolloloco.com; Web site: www.elpolloloco.com. Panera Bread operates 1,362 locations nationwide throughout 40 states and in Canada. The restaurants, offering sandwiches, soups, salads and dessert items, occupy spaces of 4,500 sq.ft. to 5,000 sq.ft. in pad sites and endcaps of shopping centers. Growth opportunities are sought throughout DE, Monmouth and Ocean counties in NJ and Lehigh Valley, the greater Philadelphia, PA metropolitan area and central PA during the coming 18 months, with representation by Fameco Real Estate, LP. For more information, contact Brandon Famous or Richard Schuch, Fameco Real Estate, LP, 633 Germantown Pike, Suite 200, Plymouth Meeting, PA 19462; 610-834-8000, Fax 610-834-1793; Emails: bfamous@famecoretail.com and rschuch@famecoretail.com; Web site: www.famecoretail.com. Auntie Anne’s, Inc. trades as Auntie Anne’s at 1,020 locations nationwide and internationally. The shops, offering hand-rolled pretzels, dips and soft drinks, occupy spaces of 450 sq.ft. to 600 sq.ft. in airports, malls, urban/ downtown areas and entertainment, outlet and tourist centers. Growth opportunities are sought nationwide during the coming 18 months. Typical leases run 10 years with options. Preferred cotenants include women’s and children’s retailers. Major competitors include Wetzel’s Pretzels, Pretzelmaker and Pretzel Time. Preferred demographics include a population of 250,000 within 10 miles. The company is franchising. For more information, contact Andrew Kmiec, Auntie Anne’s, Inc., 4850 West Chestnut Street, Lancaster, PA 17603; 717-4351580; Email: andyk@auntieannesinc.com; D Web site: www.auntieannes.com. M

Exclusives and Leasing Assignments Silbert Realty & Management Co., Inc. (908-604-6900) represents the following chains with their expansion plans: Fidelity Investments, throughout NJ, utilizing spaces of 3,500 sq.ft. to 5,000 sq.ft. in regional markets; Johnny Rockets, throughout CT, NY and PA, using spaces of 700 sq.ft. to 2,500 sq.ft. in endcaps and point positions of retail centers with outdoor seating; Leslie’s Swimming Pool Supplies, throughout NJ, seeking spaces of 3,500 sq.ft. to 5,000 sq.ft. in endcaps and inline spaces of shopping centers along with freestanding locations; Mountain Mudd Espresso, throughout Long Island, NY, and Talbots, throughout NJ, utilizing spaces of 5,000 sq.ft. to 7,500 sq.ft. in endcaps of retail centers and freestanding locations. The company also represents Primrose Schools with the chain’s expansion throughout NJ. The day care centers prefer to occupy spaces of 11,000 sq.ft. in freestanding locations with an outdoor play area situated on land areas above 1.25 acres. Present Value Properties, Inc. (714-4643032) exclusively represents Payless ShoeSource with the chain’s expansion throughout southern CA. The shoe stores prefer to occupy spaces of 2,800 sq.ft.

to 3,200 sq.ft. in regional and superregional malls, inline spaces of lifestyle and power centers and central business districts. Preferred cotenants include Macy’s, Dillard’s, JCPenney, Target, Kohl’s, Walmart, Forever 21, H&M, Lane Bryant, Justice, The Children’s Place, department stores and women’s and children’s apparel retailers. The company also represents Susie’s Deals with the chain’s expansion throughout Inland Empire, Los Angeles and Orange counties in CA. The discount apparel retailer, offering clothing priced at $5.99 and under, occupies spaces of 5,000 sq.ft. in community, neighborhood and power centers. Preferred trade-area demographics include a population of 150,000 earning a median household income of $50,000. Weichert Commercial Brokerage, Inc. (973898-8705) was appointed the exclusive leasing agent of Ferren Mall @ One Penn Plaza, a 20,940 sq.ft. mixed-use center with retail and office components located in New Brunswick, NJ. Area draws include the New Brunswick train station, Rutgers University, St. Peter’s Hospital and Robert Wood Johnson Hospital.

Witherell Real Estate (773-991-4932) exclusively represents Roundy’s with the chain’s expansion throughout the Chicago, IL metropolitan area. The supermarket prefers to occupy spaces of 60,000 sq.ft. to 80,000 sq.ft. in urban and suburban locations. The tenant will consider second-generation spaces. Capital Retail Group (202-370-1351) represents AT&T Mobility with the chain’s expansion throughout Washington, DC in the Adams Morgan, Columbia Heights and 14th Street Corridor areas. The stores, offering wireless services and equipment, occupy spaces of 900 sq.ft. to 2,000 sq.ft. in endcaps of retail centers. Eastern Retail Properties (617-630-1187) represents iParty with the chain’s expansion throughout New England. The party planning and supply stores occupy spaces of 10,000 sq.ft. in endcaps and inline spaces of retail centers along with freestanding locations. The tenant prefers to locate within regional markets at retail centers featuring national cotenants. Northwest Atlantic Real Estate Services (914328-2222) represents Guitar Center with the chain’s expansion nationwide, utilizing spaces of 15,000 sq.ft. to 30,000 sq.ft. DM

Wherever your project is located, it should also be located here. The Dealmakers Magazine is the essential publication if you need to reach retail real estate decision makers. Our readership consists of company principals, developers, brokers, tenant representatives, and retailers, ensuring your information will be seen by the right people. to advertise, call 1-800-732-5856.

www.dealmakers.net

The

Dealmakers

April 2, 2010

page 9

Real Estate Professionals Making the News Battery Commercial Corp. (415-963-4700) hired Bob Stolkin and Chad Richards. Prior to joining the company, Stolkin owned and operated Magnolia Capital, Inc., a single-tenant investment firm, and Richards served at First Street Properties, Inc. Battery Commercial Corp. specializes in singletenant properties. Principal Associates — GVA (248-358-0100) was formed earlier this year when GVA Detroit merged with Principal Associates, LLC. Michael J. Ziecik and Levi F. Smith, from GVA Detroit, joined the new venture as principals. The company provides a full range of commercial real estate services including owner representation, property management, construction management and investment and advisory services throughout southeastern MI. The new venture maintains its association with GVA Worldwide. Grubb & Ellis|Commercial Florida (813639-1111) promoted Mia Jarrell to managing director. She will head the company’s activities throughout the Tampa Bay region of FL. The company is a full-service real estate brokerage firm specializing in the leasing and sale of properties throughout central FL, with offices in Melbourne, Orlando and Tampa.

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

Sleepy’s, The Mattress Professionals operates 700 locations throughout CT, DE, MA, MD, NH, NJ, NY, PA, RI, VA, VT and Washington, DC. The bedding stores occupy spaces of 6,000 sq.ft. to 8,000 sq.ft. in freestanding locations, urban/downtown areas and inline spaces and endcaps of lifestyle, power and specialty centers. Growth opportunities are sought throughout the existing markets during the coming 18 months, with representation by Julius M. Feinblum Real Estate, Inc. Preferred cotenants include Bed Bath & Beyond and big box retailers. For more information, contact Rich Kaye, Julius M. Feinblum Real Estate, Inc., 25 Fairchild Avenue, Suite 500, Plainview, NY 11803; 516-844-8890, Fax 516-8448895; Email: rkaye@furniturerealestate.com; Web site: www.furniturerealestate.com. For additional information regarding expansion throughout DE, MD, NJ, PA, VA and Washington, DC, contact Rich Weiss; Email: rweiss@furniturerealestate.com. Harbor Freight Tools operates 330 locations nationwide. The home improvement stores, offering tools and equipment, occupy spaces of 12,000 sq.ft. to 15,000 sq.ft. in

freestanding locations and shopping centers. Growth opportunities are sought throughout DE, southern NJ and eastern PA during the coming 18 months, with representation by Michael Salove Co. The company prefers to locate in regional or strong community locations. For more information, contact Stanton Brown, Michael Salove Co., 1700 Market Street, 17th Floor, Philadelphia, PA 19103; 215-568-2600 Ext. 12, Fax 215-568-2666; Email: sbrown@salove.com; Web site: www.salove.com. R.P. Lumber Co., Inc. trades as R.P. Lumber at 46 locations throughout IL and MO. The stores, offering building materials and home improvement products, occupy freestanding locations on a land area of four acres. Growth opportunities are sought throughout the midwestern states during the coming 18 months. Major competitors include Home Depot, Menards, Lowe’s Home Improvement and independent lumber yards. The company prefers to acquire sites. For more information, contact Jason Plummer, R.P. Lumber Co., 514 East Vandalia Avenue, Edwardsville, IL 62025; 618-656-1514, Fax 618-656-6785; Web site: D www.rplumber.com. M

New Construction

The Goldstein Group (201-703-9700) hired Anthony Rivera and George Tsemberlis as sales associates. Rivera will be responsible for property assignments and retailer representation throughout central and northern NJ and Tsemberlis will be responsible for property assignments and retailer representation throughout NJ. Prior to joining the company, Rivera served as a vice president at Evergreen Commercial Real Estate and Tsemberlis served as a loan officer with Cross Capital. The Goldstein Group is a full service commercial real estate brokerage firm representing a retail portfolio with a GLA of eight million sq.ft. and more than 50 national and regional retailers throughout NJ.

SouthStar is developing Bowie Commons, a 76,000 sq.ft. center located at the intersection of Fairview Boulevard and Chester Road in Fairview, TN. A 46,000 sq.ft. Publix will anchor the project. Spaces are available along with four outlots. The first phase of the center is slated to open during the fall. For more information, contact SouthStar, 15621 Turtle Point Drive, Gainesville, VA 20155; 703-7540630, Fax 703-754-7089; Web site: www.southstardevelopments.com.

Criss Cross Commercial Group is redeveloping an Exxon gas station and convenience store site located at the intersection of 61st Street and Seawall Boulevard in Galveston, TX. The project includes remodeling the existing convenience store and adding an 8,160 sq.ft. strip center to the property. Cotenants include Rita’s. The project is slated for completion during July. For more information, contact Criss Cross Commercial Group, PO Box 27023, Houston, TX 77227; 713-956-6625, Fax 713532-6625; Email: info@crisscrosscg.com; Web site: www.crisscrosscg.com.

Jones Lang LaSalle (312-228-2344) hired Andy Wiggers as vice president of development in the company’s retail division. He will advise clients on increasing the value of retail assets through development and redevelopment programs. Prior to joining the company, Wiggers was an asset manager and director of construction for Gregory Greenfield and Associates. Jones Lang LaSalle manages 53 million sq.ft., including 130 retail and mixed-use projects, D M spanning 31 states.

Colliers Arnold is preleasing Hays Towne Center, a 110,000 sq.ft. center located at the intersection of State Road 52 and Hays Road in Pasco, FL. Publix will anchor the center and cotenants include Great Clips, China Taste, Spa 1 Nails, Penthouse Cleaners, Hawkeye Pizza and Village Wine and Spirits. For more information, contact Ben McLeish, Colliers Arnold, 4350 West Cypress Street, Suite 300, Tampa, FL 33607; 813-221-2290, Fax 813-224-9403; Web site: www.colliers.com.

Michael Lightman Realty, LLC is preleasing Shoppes of Centennial, an 18,000 sq.ft. center within Centennial Commons, a retail center located at the intersection of TN State Route 385 and Winchester Road in Memphis, TN. Spaces are available and cotenants include Mattress Firm and EyeMasters. The center is slated to open during the summer. Michael LIghtman Realty, LLC, 5100 Poplar Avenue, Suite 2602, Memphis, TN 38137-2100; 901-767-5240; Web site: D www.lightmanrealty.com. M

page 10

April 2, 2010

The

(continued from page three)

Dealmakers

www.dealmakers.net

Lead Sheet Barbour Brian Rief c/o Strategic Retail Advisors 455 Basline Road Northville, MI 48167 617-894-2593, Fax 508-405-1931 Email: brief@sraretail.com Web site: www.barbour.com

Apparel The four-unit chain operates locations throughout MA, ME, NY and PA. The upscale apparel retailer occupies spaces of 1,500 sq.ft. to 2,000 sq.ft. in downtown areas. Growth opportunities are sought nationwide during the coming 18 months, with representation by Strategic Retail Advisors.

Dress Code Steven Suchik 1218 Old Chattahoochee Road Atlanta, GA 30318 404-351-1777, Fax 404-355-7029 Email: steven@dresscodewarehouse.com Web site: www.dresscodewarehouse.com

Apparel The seven-unit chain operates locations throughout AL, GA, MS and TN. The stores, offering casual apparel and sportswear, occupy spaces of 3,500 sq.ft. to 5,000 sq.ft. in freestanding locations, urban/downtown areas and strip centers. Growth opportunities are sought throughout AL, LA, MS, SC and TN during the coming 18 months. Typical leases run three to five years. A vanilla shell is required. The company will also consider second-generation retail spaces.

Forman Mills Bill Pace c/o The Rotella Group, Inc. 3300 North Federal Highway, Suite 200 Ft. Lauderdale, FL 33306 954-568-9015, Fax 954-568-9597 Email: wrp@rotellagroup.com Web site: www.rotellagroup.com

Apparel The 27-unit chain operates locations throughout DE, MD, MI, NJ, NY, PA and Washington, DC. The clothing factory warehouses, offering deeply-discounted apparel for the entire family, occupy spaces of 40,000 sq.ft. to 60,000 sq.ft. in freestanding locations and neighborhood and community centers. Growth opportunities are sought throughout Broward, Miami-Dade and Palm Beach counties in FL during the coming 18 months, with representation by The Rotella Group, Inc. The company prefers sites with high visibility and strong traffic counts.

Masters, Inc. dba Fashion Kraze Lisa Hayum or Richard Greenspan 111 Hempstead Turnpike, 2nd Floor West Hempstead, NY 11552 516-292-3710, Fax 516-292-3836

Apparel The six-unit chain operates locations throughout upstate NY. The stores, offering menâ&#x20AC;&#x2122;s and womenâ&#x20AC;&#x2122;s apparel, occupy spaces of 5,000 sq.ft. to 12,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. The company prefers to locate in or near college towns.

Boone Fabrics John Hamilton 8905 West Market Street Colfax, NC 27235 336-668-0854, Fax 336-668-7859

Arts/Crafts/Fabrics The three-unit chain operates locations throughout KY, NC and OH. The fabric retailer occupies spaces of 4,500 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months.

Hobby Lobby Stores dba Hobby Lobby Creative Centers Scott Nelson 7707 Southwest 44th Street Oklahoma City, OK 73179 405-745-1100, Fax 405-745-1635 Web site: www.hobbylobby.com

Arts/Crafts/Fabrics The 436-unit chain operates locations throughout AL, AR, AZ, CO, FL, GA, IA, ID, IL, IN, KS, KY, LA, MI, MN, MO, MS, MT, NC, ND, NE, NM, NY, OH, OK, PA, SC, SD, TN, TX, UT, VA, WI, WV and WY. The stores, offering art and craft supplies, floral arrangements, fabrics, frames and seasonal and hobby items, occupy spaces of 55,000 sq.ft. to 60,000 sq.ft. in power and strip centers. Plans call for 40 openings along the East Coast and throughout the western region of the U.S. during the coming 18 months.

www.dealmakers.net

The

Dealmakers

April 2, 2010

page 11

Lead Sheet Daniels Tire Service, Inc. dba Daniels Tire Service John Daniels 11850 East Slauson Avenue Santa Fe Springs, CA 90670 562-698-9401

Automotive The 12-unit chain operates locations throughout southern CA. The automotive service centers occupy spaces of 7,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing market during the coming 18 months.

Minuteman Car Wash Mike Shullman 297 Main Avenue Norwalk, CT 06851 203-249-2694, Fax 203-972-9354 Web site: www.minutemancarwash.com

Automotive The 17-unit chain operates locations throughout AZ, CA, CT, FL, IA, IL, NE and OH. The car wash centers occupy spaces of 3,500 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 30 years with options. A vanilla shell is required. Preferred cotenants include supermarkets. Preferred demographics include a population of 11,000 within one mile earning $35,000 as the average household income.

Book Management, Inc. dba Atlantic Book Shop Mark Simon 1050 Colwell Lane, Suite 260 Conshohocken, PA 19428 610-629-6040 Ext. 125, Fax 610-629-6044 Email: msimon@atlanticbooks.us Web site: www.atlanticbooks.us

Books The 14-unit chain operates locations throughout DE, NJ and PA. The bookstores occupy spaces of 2,000 sq.ft. to 6,000 sq.ft. in tourist centers. Growth opportunities are sought throughout CT, DE, MA, ME, NC, NH, NJ and VA during the coming 18 months.

Coastal Investments, Inc. dba One Stop Food Market and Tinee Giant Mauro Zenarolla 329 Office Square Lane Virginia Beach, VA 23462 757-552-0000, Fax 757-499-8386

Convenience The 25-unit chain operates locations throughout VA. The convenience stores occupy spaces of 3,000 sq.ft. in freestanding locations, strip centers and downtown areas. Growth opportunities are sought throughout eastern VA during the coming 18 months. Typical leases run 15 years with three, five-year options.

Flash Foods, Inc. dba Flash Foods Kathy Aldridge PO Box 2149 Waycross, GA 31502 912-285-4011 Ext. 2329, Fax 912-490-1087 Email: kaldridge@flashfoods.com Web site: www.flashfoods.com

Convenience The 180-unit chain operates locations throughout northern FL and GA. The convenience stores, with gasoline facilities, occupy spaces of 3,500 sq.ft. to 4,500 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 30 years.

HJB Convenience Corp. dba Russellâ&#x20AC;&#x2122;s Convenience Stores Ray Huff 8585 West 14th Avenue Lakewood, CO 80215 720-881-5900, Fax 303-293-0012 Web site: www.russellsconvenience.com

Convenience The 14-unit chain operates locations throughout CA, CO and HI. The convenience stores occupy spaces of 900 sq.ft. to 3,000 sq.ft. in urban/downtown areas. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 10 years. A vanilla shell is required.

page 12

April 2, 2010

The

Dealmakers

www.dealmakers.net

Lead Sheet Rite Aid David Gelfond c/o First Development Corp. 1328 Motor Parkway Hauppauge, NY 11749 631-234-3200, Fax 631-234-3695 Email: dg@fdcrealty.com Web site: www.fdcrealty.com

Drug Store The 4,900-unit chain operates locations nationwide throughout 31 states and Washington, DC. The drug stores occupy spaces of 5,000 sq.ft. to 15,000 sq.ft. in freestanding locations and outlots or pad sites of community, power, regional, specialty, strip and value centers. Growth opportunities are sought throughout Bronx, Brooklyn, Long Island and Nassau/Suffolk counties of NY during the coming 18 months, with representation by First Development Corp.

Liberty Drug, Inc. dba Jerryâ&#x20AC;&#x2122;s Pharmacy, Liberty Drug, Medicine Shoppe and More Than Medicine Brian Harrison PO Box 362 Carnegie, OK 73015 580-654-1111, Fax 580-654-1229

Drug Store The five-unit chain operates locations throughout OK. The drug stores occupy spaces up to 5,000 sq.ft. in downtown areas and strip and value centers. Growth opportunities are sought throughout the existing market during the coming 18 months.

WPI Cellular Eli Kalman c/o Matanky Realty Group 200 North LaSalle Street, Suite 2350 Chicago, IL 60601 312-337-1001 Ext. 2027, Fax 312-337-5996 Email: ekalman@matanky.com Web site: www.matanky.com

Electronics The 35-unit chain, which is an exclusive agent of U.S. Cellular, operates locations throughout IL, IN and WI.Â The stores, offering cellular phones, plans and accessories, occupy spaces of 800 sq.ft. to 1,400 sq.ft. in various sites. Growth opportunities are sought throughout Chicago, IL during the coming 18 months, with representation by Matanky Realty Group. The company prefers to locate in areas with high foot and vehicle traffic counts. The company will consider sites of up to 2,300 sq.ft., and prefers to locate at least 0.5 miles from an existing U.S. Celluar store in city areas and at least one mile from an existing store in suburban areas.

Fantasy Entertainment dba Foto Fantasy, The Portrait Studio, Sketch Express and Kodak Stickerprints Steve White 8A Industrial Way Salem, NH 03079 603-324-3240, Fax 603-879-9200 Email: salesinfo@fantasyent.com Web site: www.fantasyent.com

Entertainment The 3,500-unit chain operates locations nationwide and internationally. The self-service photo booths, photo sticker booths and sketch booths occupy spaces of nine sq.ft. to 15 sq.ft. in malls, amusements parks, destination locations, theatres, museums, family arcades, bars and nightclubs. Plans call for 1,000 openings throughout the existing market during the coming 18 months. Typical leases run one year.

SunTrust Bank c/o JBG Rosenfeld Retail Bob Schwenger 4445 Willard Avenue, Suite 700 Chevy Chase, MD 20815 301-657-0700, Fax 301-657-9850 Email: bschwenger@jbgr.com Web site: www.suntrust.com

Finance The 1,600-unit chain operates locations throughout AL, AR, FL, GA, MD, MS, NC, SC, TN, VA, WV and Washington, DC. The banks occupy spaces of 3,000 sq.ft. to 5,000 sq.ft. in freestanding locations. Plans call for one to five openings throughout MD, VA and Washington, DC during the coming 18 months, with representation by JBG Rosenfeld Retail. The company prefers pad sites with drive-thru approvals.

FitSource Eileen Cardelle c/o Horizon Properties 7785 Northwest 146th Street Miami Lakes, FL 33016 305-342-7018 Email: ecardelle@horizonproperties.com

Fitness The three-unit chain operates locations throughout Broward and Miami-Dade counties in FL. The fitness centers occupy spaces of 1,500 sq.ft. to 2,000 sq.ft. for private studio models and 5,500 sq.ft. to 8,500 sq.ft. for fitness centers locations. The company prefers to locate in freestanding locations and endcaps, inline spaces and outparcels of shopping centers. Growth opportunities are sought throughout southeastern FL during the coming 18 months, with representation by Horizon Properties. The company prefers sites with strong visibility, access and parking.

www.dealmakers.net

The

Dealmakers

April 2, 2010

page 13

Lead Sheet Sport Clips Brian Silbert or Kathy DiMaria c/o Silbert Realty & Management Co., Inc. 85A Division Avenue / PO Box 406 Millington, NJ 07946 908-604-6900, Fax 908-604-2030 Email: kdimaria@silbertrealestate.com Web site: www.silbertrealestate.com

Hair The 670-unit chain operates locations nationwide. The hair salons, for men and boys, occupy spaces of 1,000 sq.ft. to 1,400 sq.ft. in endcaps and inline spaces of shopping centers. Growth opportunities are sought throughout select regions of NJ during the coming 18 months, with representation by Silbert Realty & Management Co., Inc. The company prefers to locate in power centers anchored by big box tenants including Home Depot, Target and Walmart.

H.H. Brown Retail, Inc. dba Super Shoe Store Dana Sneathen PO Box 239 Cumberland, MD 21501 301-722-6563, Fax 301-724-5531

Shoes The 42-unit chain operates locations throughout MD, ME, NH, NY, PA, VA and VT. The stores, offering footwear and accessories for men, women and children, occupy spaces of 16,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months.

Panda Franchises, Ltd. dba Panda Linda Goulet 305 Marc Aurele Fortin Laval, Quebec, Canada H7L 2A3 450-622-4833 Ext. 201, Fax 450-622-2939 Email: info@pandashoes.com

Shoes The 32-unit chain operates locations throughout Canada. The shoe stores occupy spaces of 800 sq.ft. to 1,000 sq.ft. in malls. Growth opportunities are sought throughout the existing market during the coming 18 months.

Options For Youth â&#x20AC;&#x201C; Public Charter Schools Peter Ruiz c/o The Legaspi Co. 1611 Paramount Boulevard Montebello, CA 90640 323-728-8455 Email: pruiz@thelegaspi.com Web site: www.ofy.org

Specialty The 30-unit chain operates locations throughout CA. The charter schools occupy spaces of 1,500 sq.ft. to 3,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout eastern Los Angeles County and the Inline Empire area of CA during the coming 18 months, with representation by The Legaspi Co.

Wild Bird Centers of America, Inc. dba Wild Bird Center George Petrides, Jr. 7370 MacArthur Boulevard Glen Echo, MD 20812 Email: georgejr@wildbird.com Web site: www.wildbird.com

Specialty The 72-unit chain operates locations nationwide and throughout Canada. The stores, offering a complete line of products for birds, including seeds, feeders, baths, houses, books, hardware and garden accessories, occupy spaces of 1,300 sq.ft. to 1,800 sq.ft. in neighborhood, power and strip centers. Growth opportunities are sought nationwide during the coming 18 months. Preferred cotenants include apparel retailers, grocery stores, Barnes & Noble and Bed Bath & Beyond. The company is franchising and expansion is franchise-driven.

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

April 2, 2010

The

Dealmakers

www.dealmakers.net

ovER 55,000

REAch REtAil REAl EstAtE dEcision MAkERs with jUst onE click. What makes a Dealmakers E-Blast different?

• Unlike other companies, there are no templates. Each blast is designed specifically for your company. • You can supply your own blast, keeping it consistent with your other marketing materials. • Most blasts can be turned around within 48 hours.

And best of all… • YoU dEcidE whEn to sEnd it. You’re not put into a queue with no idea when it has been sent.

Find oUt whAt ElsE sEts Us ApARt FRoM thE coMpEtition call Alyson parker at 1-800-732-5856

R LE

FOR

LEAS

FOR LEASE

Space Place Alabama

California

Hokes Bluff – Bluff Springs Plaza, a 47,267 sq.ft. strip center located on Highway 278, has a 750 sq.ft. space available along with two spaces of 1,750 sq.ft. Piggly Wiggly, Dollar General and Hokes Bluff Drug Shoppe anchor the center. Cotenants include Movie Gallery, Huddle House, Curves, Mi Casita, Subway, Access Pawn and Rural Metro. Area demographics include a population of 4,241 within five miles earning $37,923 as the average household income. Prattville – Heritage Place, a 23,264 sq.ft. strip center located at the intersection of Highway 31 and Highway 14, has spaces available of 1,054 sq.ft.; 1,550 sq.ft. and 2,780 sq.ft. Cotenants include Fashion Nails & Tanning Spa, H&R Block, Acceptance Insurance, Cash Mart, Fountain City Health Foods, Subway, Papa John’s, Miracle Ear and Adams Drugs. Area demographics include a population of 42,067 within five miles earning $71,656 as the average household income. The average daily traffic count is 23,650 vehicles. Russellville – Russellville Marketplace, a 60,012 sq.ft. strip center located on Highway 43, has a 7,092 sq.ft. space available. Burke’s, Peebles, Hibbett Sporting Goods and Dollar Tree anchor the center. Area retail includes Walmart Supercenter. Area demographics include a population of 23,348 within 10 miles earning $48,245 as the average household income. For details, contact Louise Jennings, Real Estate Southeast, LLC, PO Box 681955, Prattville, AL 36068; 334-491-6201, Fax 334491-6210; Email: louise@realestatesoutheast.com; Web site: www.realestatesoutheast.com.

City of Industry – Puente Hills East, a 78,613 sq.ft. center located at the intersection of Colima Road and South Albatross Road, has space available. Cotenants include Petco, Leslie’s Pool Supplies and Preferred Bank. Area retail includes Costco, Target and Bally Total Fitness. Area demographics include a population of 332,373 within five miles earning $74,355 as the average household income. The average daily traffic count is 39,000 vehicles. El Monte – Skechers Plaza, located on East Garvey Avenue, has space available. Cotenants include Skechers USA and Super Laundry. Area retail includes Food 4 Less, Sav-On Drugs, Miller’s Outpost, Pep Boys and Pizza Hut. Area demographics include a population of 552,897 within five miles earning $67,975 as the average household income. Norwalk – A center located at the intersection of Imperial Highway and Pioneer Boulevard has space available. Cotenants include Rally’s. Area retail includes Walmart. The average daily traffic count is 143,000 vehicles. Santa Clarita – Orchard Village Shopping Center, located at the intersection of Lyons Avenue and Orchard Village Avenue, has space available. Ralph’s anchors the center and cotenants include Starbucks, CVS and Fantastic Sams. Area demographics include a population of 146,572 within five miles earning $110,046 as the average household income. The average daily traffic count is 56,500 vehicles. Temple City – Temple City Plaza, a mixed-use center located at the intersection of Baldwin Avenue and Lower Azusa Road, has space available. Area demographics include a population of 609,262 within five miles earning $51,135 as the average household income. For details, contact Patsy Ma, BP International, Inc., 650 West Duarte Road, Suite 1088, Arcadia, CA 91007; 626-8213448 Ext. 100, Fax 626-821-9099; Email: patsyma@bpinternational.net; Web site: www.bpinternational.net.

income. The average daily traffic count is 62,000 vehicles. Los Angeles – Shopwise Plaza, located on Huntington Drive, has spaces available of 600 sq.ft. and 800 sq.ft. Cotenants include Big Saver Foods, MetroPCS, Check Into Cash and Pizza Hut. Area demographics include a population of 812,756 within five miles earning $66,304 as the average household income. Also, a center located at the intersection of North Glendale Boulevard and North Alvarado Street has a 1,150 sq.ft. space available. Cotenants include La Pizza Loca and Tacos Mexico. Area demographics include a population of 211,985 within two miles earning $51,450 as the average household income. The average daily traffic count is 97,500 vehicles. Also, a center located at the intersection of West 6th Street and South Rampart Boulevard has a 1,300 sq.ft. space available. Cotenants include Pescado and Mojado Seafood Grill, La Pizza Loca and First Bargain. Area demographics include a population of 404,901 within two miles. Paramount – Paramount Plaza, located at the intersection of Alondra Boulevard and Downey Avenue, has a 9,180 sq.ft. space available. Cotenants include Fresh & Easy Neighborhood Market, Kragen Auto Parts, T.J. Maxx, RadioShack and Jack in the Box. Area demographics include a population of 491,119 within five miles earning $53,249 as the average household income. The average daily traffic count is 47,000 vehicles. For details regarding the Cathedral City property, contact Peter Ruiz, The Legaspi Co., 1611 Paramount Boulevard, Montebello, CA 90640; 323-728-8455, Fax 323-888-8928; Web site: www.thelegaspi.com. For details regarding the Huntington Park property, contact Peter Ruiz or Karen Robles. For details regarding Shopwise Plaza, contact Daniel Legaspi. For details regarding the North Glendale Boulevard and West 6th Street properties, contact Karen Robles or Daniel Legaspi. For details regarding the Paramount property, contact Stephen Legaspi.

Arizona Chandler – Chandler Plaza, located on North Alma School Road, has a 4,400 sq.ft. endcap available along with a 6,600 sq.ft. corner space. Home Depot and Safeway shadow-anchor the center. Cotenants include Wells Fargo, Chase Bank and Rally’s. The average daily traffic count is 102,000 vehicles. For details, contact Aldy Damian; 310717-6932, Fax 310-377-3583; Email: plazalease@yahoo.com.

California Arcadia – Arcadia Landmark, a mixed-use center located on East Huntington Drive, has space available. Cotenants include Tony Roma’s, Tokyo Wako, Subway and Supercuts. Area draws include Santa Anita Race Track and Westfield Santa Anita Fashion Park. The average daily traffic count is 31,424 vehicles. page 16

April 2, 2010

The

Cathedral City – Mission Plaza, located at the intersection of Gerald Ford Drive and Date Palm Drive, has a divisible space of 42,966 sq.ft. available. Area demographics include a population of 104,840 within five miles earning $82,380 as the average household income. Huntington Park – Launderland Center, located at the intersection of East Florence Avenue and Malabar Street, has an 866 sq.ft. space available. Cotenants include Launderland Coin-Op Laundry and Instant Tax Service. Area demographics include a population of 1.115 million within five miles earning $46,067 as the average household

Dealmakers

www.dealmakers.net

Victorville – Victor Plaza, located at the intersection of 7th Street and La Paz Drive, has a 22,000 sq.ft. space available. Cotenants include dd’s Discounts. Area retail includes Costco, Food 4 Less, 99 Cent Only Store, Rite Aid, Jo-Ann Fabrics, IHOP, Bank of America, Goodwill Industries, Big Lots, Dollar Tree and McDonald’s. Area demographics include a population of 160,682 within five miles earning $61,949 as the average household income. The average daily traffic count is 45,000 vehicles. The asking monthly rent is (continued on page eighteen)

Over 7,000

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? Tenant Search 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 on-line 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-to-date information, print letters and save searches. Get the details on over 7,000 retailers. TenantSearch provides: Contact Name for Director of Real Estate; 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 TenantSearch users receive 5 to 25 leads daily via email for online users. TenantSearch matches ideal tenants to your site. Simply plug in the parameters of your retail property and type of tenants you desire and within seconds... you’ll have a list of retailers interested in your location.

Call 1-800-732-5856 or visit our website 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. 7,000 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: (Tenant Search is shipped via UPS ground at no charge) Name __________________________________________________ Company _______________________________________________ Street ___________________________________________________ City ____________________________________________________ Phone __________________________________________________ Credit Card

 Visa  Mastercard  American Express

Card #: _________________________________________________ Signature: _______________________________________________ Cardholder Name: _________________________________________

R LE

FOR

LEAS

FOR LEASE

Space Place California

(continued from page sixteen)

$0.89 psf with NNN fees of $0.18 psf. For details, contact Francisco Magana or Armando Aguirre, Colliers International, 865 South Figueroa Street, Suite 3500, Los Angeles, CA 90017; 213-532-3297/3272, Fax 213-327-3272; Emails: frank.magana@colliers.com and armando.aguirre@colliers.com; Web site: www.colliers.com.

Connecticut Westport – A center located on Taylor Place between Post Road East and Jessup Road has a 6,110 sq.ft. upper-level space available. Cotenants include Tiffany & Co. and Crumbs Bake Shop. Area retail includes Waterworks, Simon Pearce, L’Occitane, Starbucks, Talbots, J. Crew, Ann Taylor, Plaza Too, Eileen Fisher, Patagonia, Coach, Brooks Brothers, Banana Republic, Williams-Sonoma, Papyrus, Jacadi, Crabtree & Evelyn, Henry Lehr, Chico’s, J. McLaughlin, Sigrid Olsen, Gap, Pottery Barn, Klaff’s, Janie and Jack, Solstice, Restoration Hardware and Shoes ‘N’ More. Area demographics include a population of 120,587 within 10 miles earning $80,536 as the median household income. For details, contact Christa Minogue, SRS Real Estate Partners, 366 Madison Avenue, 5th Floor, New York, NY 10017; 212-7105247; Email: christa.minogue@srsre.com; Web site: www.srsre.com.

Florida Parkland – Waterways Shoppes, a 75,000 sq.ft. specialty center located at the intersection of North State Route 7 and West Hillsboro Boulevard, has spaces available of 1,881 sq.ft.; 5,335 sq.ft. and 8,750 sq.ft. CVS and Giovanni’s anchor the center. Cotenants include Party Land and Ooza Paloosa. Area retail includes Walmart Supercenter, BJ’s Wholesale Club, Kohl’s and Riverstone Shoppes. Area demographics include a population of 274,250 within five miles earning $91,156 as the average household income. The average daily traffic count is 55,000 vehicles. The asking rent is $25 psf with CAM of $10 psf. For details, contact Steve Miller, The Rotella Group, Inc., 3300 North Federal Highway, Suite 200, Ft. Lauderdale, FL 33306; 954-568-9015, Fax 954-568-9597; Email: steve@rotellagroup.com; Web site: www.rotellagroup.com. Pompano Beach – A 22,191 sq.ft. strip center located on East Atlantic Boulevard has spaces page 18

April 2, 2010

The

Florida

Maryland

available of 1,450 sq.ft.; 1,693 sq.ft. and 4,680 sq.ft. Cotenants include AutoZone, Subway and Southern Star Beauty Supply. The asking rent ranges from $8.50 psf to $10 psf NNN with CAM of $6 psf. For details, contact Tim Neal, Neal Realty & Investments, Inc., 3300 North Federal Highway, Suite 250, Ft. Lauderdale, FL 33306; 954-568-0530; Email: tim@nealrealty.net.

Annapolis – Annapolis Marketplace, located at the intersection of Forest Drive and Bywater Road, has a 3,200 sq.ft. space available along with a 1.18-acre pad site. Clinton – A 26,412 sq.ft. former bowling alley located on Old Branch Avenue is available. Cloverly – A bank pad with drivethru approval located at the intersection of New Hampshire Avenue and Bridge Chaney Road is available. Frederick – Frederick Shoppers World Shopping Center, located on Route 40, has a 27,000 sq.ft. anchor space available. Cotenants include Giant Eagle and McDonald’s. Lexington Park – Patuxent Corporate Center, located at the intersection of Route 235/Three Notch Road and Buck Hewitt Road, has a divisible 9,000 sq.ft. freestanding building available along with a two-acre pad site. Area retail includes Kohl’s. Waldorf – Waldorf Shoppers World Shopping Center, located on Route 301, has spaces available from 1,600 sq.ft. to 6,350 sq.ft. Cotenants include Borders, Bed Bath & Beyond, Burlington Coat Factory, The Sports Authority, Chipotle, FedEx Office, Einstein Bros. Bagels and Red Hot & Blue. Also, a 6,359 sq.ft. restaurant building situated on 2.07 acres along Route 301 is available. Area retail includes St. Charles Towne Center. The average daily traffic count is 70,000 vehicles. For details, contact Les Sax, Sax Realty, Inc., 4931 Cordell Avenue, Bethesda, MD 20814; 240-497-1192, Fax 240-497-1070; Email: lsax@saxrealty.com; Web site: www.saxrealty.com.

Illinois Chicago – A 10,665 sq.ft. space located on State Street is available. Area retail includes Puma, Barney’s, Hermes and Gibson’s. Area demographics include a population of 768,938 within five miles earning $81,040 as the average household income. Also, a 2,800 sq.ft. space located at the intersection of North Wells Street and West Chicago Avenue is available. Area retail includes Blake, Alan Koppel Gallery, Manifesto, Lightology, Elements, Yolk, Starbucks and Karyn’s Cooked. Area demographics include a population of 85,560 within one mile earning $116,204 as the average household income. The asking rent is $45 psf NNN. For details, contact Barry Weiss or Peter Jacobs, Jacobs Weiss Commercial Real Estate, 111 West Jackson Boulevard, Suite 1150, Chicago, IL 60604; 312-315-8467 or 773470-8992; Emails: barry@jacobsweiss.com and peter@jacobsweiss.com. Highland Park – Renaissance Place has a 6,000 sq.ft. restaurant space with an outdoor patio available. Saks Fifth Avenue, Pottery Barn, Williams-Sonoma and Restoration Hardware anchor the center. For details, contact Kitsy Ritter, MidAmerica Asset Management; 630-954-7220; Email: kitsyr@midamericagrp.com; Web site: www.midamericagrp.com.

Maine Biddeford – A center located on Route 111/Alfred Street has a 2,500 sq.ft. endcap available for sublease. Area retail includes Target, Walmart, Home Depot, Lowe’s Home Improvement, Kohl’s, Shaw’s and Hannaford. Area demographics include a population of 90,188 within 10 miles earning $54,066 as the median household income. The average daily traffic count is 25,590 vehicles. For details, contact Mike Hotarek, Eastern Retail Properties, One Gateway Center, Suite 611, Newton, MA 02458; 617-630-1187, Fax 617-630-1190; Email: mhotarek@easternretail.com; Web site: www.easternretail.com.

Dealmakers

www.dealmakers.net

Mississippi Ocean Springs – Parkside Square, a 166,009 sq.ft. center located at the intersection of U.S. Highway 90 and Ocean Springs Road, has spaces available of 1,200 sq.ft.; 1,600 sq.ft.; 4,000 sq.ft. and 30,000 sq.ft. along with an outlot. America Thrift Store and Rouses Supermarket anchor the center. Cotenants include Navigator Credit Union, Oasis Salon & Spa, Aaron’s, Star Wine & Liquor, China Wok, Suncity Super Tans, Natural Nails, Fantastic Sams, H&R Block, El Saltillo Mexican Restaurant and Subway. Area demographics include a population of 34,428 within five miles earning $61,219 as the average household income. The average daily traffic count is 49,000 vehicles. For details, contact Patrick Boyle, Midland Atlantic; 317-580-9900; Email: pjboyle@midlandatlantic.us; Web site: www.midlandatlantic.com. (continued on page twenty)

R LE

FOR

LEAS

FOR LEASE

Space Place Mississippi

(continued from page eighteen)

Ridgeland – A 9,500 sq.ft. center located at the intersection of County Line Road and Ring Road has space available. Cotenants include Wireless Wizard. For details, contact Holly Evans, The Overby Co., PO Box 4644, Jackson, MS 39296; 601-366-8511, Fax 601-981-2329; Email: holly332@comcast.net.

New Jersey Cherry Hill – Market Place at Garden State Park, located at the intersection of NJ State Route 70 and Haddonfield Road, has spaces available of 1,517 sq.ft. and 1,840 sq.ft. Home Depot and Wegmans anchor the center. Cotenants include Bed Bath & Beyond, Christmas Tree Shops, Dick’s Sporting Goods, Best Buy, Potbelly Sandwich Works, Pei Wei Asian Diner, Sleepy’s, Houlihan’s, Citizens Bank, Starbucks, Cheeburger Cheeburger, Men’s Wearhouse, Hallmark, Kay Jewelers, Chick-fil-A, Lakeshore Learning, The Vitamin Shoppe, Hair Cuttery, Le Chic Nails, Panera Bread, For Eyes, Peace A Pizza, T-Mobile, Red Wing Shoes, GameStop and Baja Fresh. Area retail includes Toys “R” Us, Office Depot, A.J. Wright and Walmart. Area demographics include a population of 1.59 million within 10 miles earning $53,935 as the average household income. For details, contact Edgewood Properties, 1260 Stelton Road, Piscataway, NJ 08854; 732-985-1900, Fax 732-985-5588; Web sites: www.gardenstatepark.net and www.edgewoodproperties.com. Hamilton – The Shoppes at Hamilton, a 155,000 sq.ft. center situated on 25.06 acres on State Route 130, has spaces available of 1,135 sq.ft.; 1,843 sq.ft.; 2,000 sq.ft.; 5,613 sq.ft. and 5,860 sq.ft. Cotenants include Color Me Mine, Foot Solutions, Anytime Fitness, New York & Co., Sleep Number, Chico’s, Coldwater Creek, Gallery Direct, Spa San Marco, Banana Republic, White House|Black Market, Ann Taylor Loft, Clarks, The Children’s Place, Lane Bryant, Rack Room Shoes, Claire’s, Justice, Gymboree, Stride Rite, Bok Bok Fresh, Bruster’s/Nathan’s, Kenji Fusion Asian Bistro, Jos. A. Bank, Bensi Italian Cuisine and First Choice Bank. Area retail includes Hamilton Marketplace, featuring Michaels, Barnes & Noble, Walmart, Kohl’s, Staples, Lowe’s Home Improvement, Ross Dress for Less, Chili’s, ShopRite, PetSmart, BJ’s Wholesale Club, Modell’s and Panera Bread. Area demographics include a population of 144,372 within five miles earning $89,962 as page 20

April 2, 2010

The

New Jersey

New York

the average household income. Old Bridge – The Shoppes at Old Bridge, a 122,362 sq.ft. center located at the intersection of U.S. Highway 9 and State Route 18, has spaces available of 2,500 sq.ft. and 3,004 sq.ft. Cotenants include Banana Republic, Jos. A. Bank, Panera Bread, New York & Co., Gap, Ann Taylor Loft, Coldwater Creek, Chico’s, Corbo Jewelers, Aerosoles, Salsaritas Fresh Cantina, Maggie Moo’s, Justice, Gold’s Gym/Solace Day Spa, Yankee Candle, Clarks, White House|Black Market, The Children’s Place, Shore Runner, Hudson City Savings Bank and Bensi Ristorante Italiano. For details, contact Ray Brunt, Kathy Sawin or Charles Cristella, Stanbery Development, LLC, 328 Civic Center Drive, Columbus, OH 43215; 732-223-0257, 610-636-9944 or 856-988-1771, Fax 614-437-8101; Emails: rbrunt@stanbery.com, ksawin@stanbery.com and ccristella@stanbery.com; Web site: www.stanbery.com.

Brooklyn – A 1,600 sq.ft. space with a 1,000 sq.ft. basement located on Cortelyou Road between Rugby Road and Marlborough Road is available. Area retail includes Giant Bagel, Avon and Flatbush Food Co-op. Area demographics include a population of 194,291 within one mile earning $50,508 as the average household income. The asking annual rent is $60,000. Manhattan – A 4,500 sq.ft. space located on West 55th Street between 9th Avenue and 10th Avenue is available. Area retail includes Club H Fitness, Alvin Ailey Dance Studio, Chase Bank, Capital One, T-Mobile, AT&T Mobility and D’Agostino. Queens – A 2,000 sq.ft. space with a 900 sq.ft. basement located on 71st Avenue between Austin Street and Burns Street is available. Area retail includes Aldo, Ann Taylor, Banana Republic, Citibank, Duane Reade, Flushing Savings Bank, HSBC, McDonald’s, Queens County Savings Bank, Rite Aid and Staples. For details regarding the Brooklyn property, contact Richard Senior, Ripco Real Estate, 150 East 58th Street, 15th Floor, New York, NY 10155; 212-750-6565, Fax 212750-6767; Email: rsenior@ripcony.com; Web site: www.ripcony.com. For details regarding the Manhattan property, contact Andrew Mandell, Jason Pennington or Richard Skulnik; Emails: amandell@ripcony.com, jpennington@ripcony.com and rskulnik@ripcony.com. For details regarding the Queens property, contact Miles Mahony or Peter Ripka; Emails: mmahony@ripcony.com and pripka@ripcony.com.

Livingston – Circle Plaza, a 20,000 sq.ft. specialty center located at the intersection of Route 10 and West Mount Pleasant Avenue, has a 3,350 sq.ft. restaurant space available. Cotenants include Golfsmith and Men’s Wearhouse. Area retail includes Borders, Staples, Pathmark, Wine Legends, CVS, Olive Garden and Toys “R” Us. Area demographics include a population of 186,126 within five miles earning $102,138 as the average household income. For details, contact David Perlmutter, Perlmutter Properties, Inc., 4 West Red Oak Lane, Suite 105, White Plains, NY 10604; 914-686-8900; Email: david@perlmutterproperties.com.

New York Bronx – Peartree Square, a 150,000 sq.ft. center located at the intersection of Peartree Avenue and Co-op City Boulevard, has spaces available from 1,193 sq.ft. to 9,300 sq.ft. Super Stop & Shop anchors the center and cotenants include National Wholesale Liquidators, Rite Aid and JP Morgan Chase Bank. Area demographics include a population of 478,126 within three miles earning $64,453 as the average household income. The average daily traffic count is 22,771 vehicles. For details, contact Lisa Rosenshein, Rosenshein Associates, 555 South Barry Avenue, Mamaroneck, NY 10543; 914698-3600, Fax 914-698-3939; Email: lrosenshein@rosensheinassocs.com.

Dealmakers

www.dealmakers.net

Port Washington – Soundview Marketplace, a 183,400 sq.ft. neighborhood shopping center located on Soundview Marketplace, has spaces available of 2,000 sq.ft.; 2,992 sq.ft.; 4,000 sq.ft.; 7,768 sq.ft. and 25,400 sq.ft. King Kullen anchors the center and cotenants include Ace Hardware, The Little Gym, GNC, Personal Training Institute, Carvel, GameStop, Little Chef’s, Subway, Rite Aid, West Marine, Hilda Dry Clean, Angel Tip Nails, Bellissimo Pizzeria, The Children’s Place, Payless ShoeSource, Wachovia Bank and HSBC Bank. Area demographics include a population of 146,553 within five miles earning $158,509 as the average household income. For details, contact Jonathan Greenberg, Armstrong Realty Management, 20 East Sunrise Highway, Valley Stream, NY 11581; 516-568-2400 Ext. 248; Email: jgreenberg@armstrong-realty.com; Web site: www.armstrong-realty.com. (continued on page twenty-two)

s a g e V n i n o C E R C S C I The ! e r e h t s o m l is a es, e d n e t t a the h c a e r o t ay! me i d t o l l T i t l s l a s ’ C ut. o There g n i n n u sr but time i

The Dealmakers May 28th 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 14th pre-show issue, telling everyone you’re ready to make deals! MAKE A STATEMENT Your ad will be hand-delivered to every attendee’s hotel room and The Dealmakers May 28th show issue gets exposure on the show floor! FOLLOW UP In addition to powerhouse companies that read The Dealmakers every week, the June 11th 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.

1/8 Page $310

For more inFormation

Call 1-800-732-5856

R LE

FOR

LEAS

FOR LEASE

Space Place Oregon

(continued from page twenty)

Medford – Bear Creek Plaza, located at the intersection of McAndrews Road and Biddle Road, has spaces available of 3,000 sq.ft. and 7,800 sq.ft. along with a 22,500 sq.ft. junior anchor space. Cotenants include Bi-Mart, Big Lots, Dollar Tree, McDonald’s, Wendy’s, Carl’s Jr., Citibank, Tuesday Morning, Liberty Bank, Sally Beauty Supply and Payless ShoeSource. The average daily traffic count is 52,000 vehicles. For details, contact Aldy Damian; 310717-6932, Fax 310-377-3583; Email: plazalease@yahoo.com.

Pennsylvania Horsham – Horsham Point, located on Horsham Road, has spaces available of 3,613 sq.ft. and 4,848 sq.ft. Giant anchors the center and cotenants include CVS. Area demographics include a population of 182,970 within five miles earning $90,394 as the average household income. Montgomery – Montgomery Square, located at the intersection of Knapp Road and Route 202,

Pennsylvania

have spaces available of 4,029 sq.ft. Giant anchors the center and cotenants include Bed Bath & Beyond. Area retail includes Target. Area demographics include a population of 137,364 within five miles earning $105,598 as the average household income. For details, contact Nina Sirianni, Kimco Realty, 6 Coulter Avenue, Suite 1000, Ardmore, PA 19003; 610-896-7560 Ext. 130; Email: nsirianni@kimcorealty.com.

on East Northampton Street between Main Street and Washington Street, has spaces available from 979 sq.ft. to 7,418 sq.ft. RC Movie 14 anchors the center and cotenants include Tilbury’s Knob, Dennis Bonvie’s Blue Chip Gourmet and Januzzi’s Pizza & Subs. Area demographics include a population of 117,034 within five miles earning $37,325 as the median household income. For details, contact Bill Fraser, Colliers Arnold, 622 East Washington Street, Suite 300, Orlando, FL 32801; 407843-1723, Fax 407-843-4485; Email: bfraser@colliersarnold.com.

Westfall – Lowe’s Shopping Center, located at the intersection of Route 6 and Route 209, has outlots of 3,500 sq.ft.; 5,800 sq.ft. and 14,000 sq.ft. available. Lowe’s Home Improvement anchors the center and cotenants include Dunkin’ Donuts. For details, contact Lisa Rosenshein, Rosenshein Associates, 555 South Barry Avenue, Mamaroneck, NY 10543; 914698-3600, Fax 914-698-3939; Email: lrosenshein@rosensheinassocs.com. Wilkes-Barre – University Corners, a 145,000 sq.ft. mixed-use center located

Start your subscription to

Yes!

Washington DuPont – A center has a 1,131 sq.ft. former Domino’s Pizza available. Cotenants include Starbucks, Subway and Great Clips. The asking rent is $26.01 psf NNN. For details, contact Morris Montgomery, Sound Advisors, LLC, 7024 Alderwood Court, Suite B, Lacey, WA 98503; 360412-1501, Fax 866-422-3898; Email: mjmint@comcast.net. DM

today!

Start my subscription right away to the only publication in the shopping center industry devoted exclusively to dealmaking in strip, power and specialty centers, as well as malls. I can use leads every week on retailers looking to lease space, buyers and sellers of retail properties, plus news on space for lease, retail chain acquisitions and mergers, who’s opening or closing stores, new retail concepts, shopping centers under construction and more.

Start my subscription immediately! Please charge my credit card or a check is enclosed

 $294 for one year

 $434 for two years  $187 for six months

Please circle appropriate card:

Mail my subscription to

Card #

Name _________________________________

_______________________________

Company ______________________________

Exp. Date _______________________________

Address _______________________________

Signature _______________________________

City ___________________________________ State _____________

What you’ve missed in the last 47 issues

• 2,300,000 locations of retailers with plans to open 150,000 sites • $27 billion to be bought, sold and financed • Leasing activity on over 600 million sq.ft. of retail poperty

Zip ________________

Phone __________________________________ Fax ____________________________________ Email __________________________________

Expedite your order by faxing the completed form to 609-587-3511 P.O. Box 2630 | Mercerville, NJ 08690 | 800-732-5856 or 609-587-6200 | Fax 609-587-3511 | www.dealmakers.net page 22

April 2, 2010

The

Dealmakers

www.dealmakers.net

We knoW the

tWin Cities

For more than 60 years, Paster Enterprises has been the premier developer and manager of Twin Cities' neighborhood shopping centers. The company currently owns more than 1,000,000 square feet of commercial real estate, and is actively seeking to acquire grocery anchored and other high-quality retail properties.

OUR PORTFOLIO Mendota Plaza • Central Plaza • Crystal Shopping Center • Crystal Town Center Doddway Center • Lakeville Crossing • Lexington Plaza Shoppes • Mounds View Square • Northway Center • Sibley Plaza • Southview Center

For leasing opportunities, contact Lisa Store at 651.646.7901

www.pasterenterprises.com

14622 Paster Ad Dealmakers_v4.indd 1

4/3/09 9:27:15 AM