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