Reporting The Nation’s Weekly News on Retailing & Retail Real Estate Volume XXVIII No. XIV
April 5, 2013
FEATURING apparel Chains Expand Nationwide Peace Frogs operates 41 locations throughout DE, FL, MA, MD, MI, MO, MS, NJ, SC, TX, VA and Washington, DC. The stores, offering apparel and accessories, occupy spaces of 100 sq.ft. to 800 sq.ft. in tourist centers. Growth opportunities are sought throughout CA and the Caribbean during the coming 18 months. Typical leases run two to five years. Preferred demographics include a tourist population of 500,000. The company is franchising. For more information, contact Catesby Jones, Peace Frogs, PO Box 137, Whitemarsh, VA 23183; 804-695-1314 Ext. 222, Fax 804-6951714; Email: catesby@mindspring.com; Web site: www.peacefrogs.com. Brooks Brothers Group, Inc. trades as Brooks Brothers and Brooks Brothers Factory Store at 242 locations nationwide. The stores, offering men’s, women’s and children’s apparel, footwear and accessories, occupy spaces of 2,500 sq.ft. to 7,000 sq.ft. in malls and central business districts of downtown areas. Growth opportunities are sought throughout the existing market during the coming 18 months. The company prefers to locate in affluent markets and is also planning to reposition a few existing locations. For more information, contact Roger Kehm, Brooks Brothers Group, Inc., 1101 North Congress Avenue, Boynton Beach, FL 33426; 561-733-2787, Fax 561-733-2729; Email: rkehm@brooksbrothers.com.
Simply Fashion Stores, Ltd. trades as Simply Fashions and Fashion Trend at 260 locations throughout AL, AR, FL, GA, IL, IN, KS, KY, LA, MD, MI, MO, MS, NC, OH, SC, TN, TX, VA, WI and Washington, DC. The apparel stores, offering juniors, misses and plus size women’s apparel, footwear and accessories, at price points under $30, occupy spaces of 3,000 sq.ft. in freestanding locations, strip centers, malls and urban/downtown areas. Plans call for three to five openings throughout the existing markets during the coming 18 months. Preferred cotenants include grocery, variety and shoe stores, discount, rent-own and check cashing retailers, nail salons and beauty supply shops. Preferred demographics include a population of 25,000 within a three mile radius. For more information, contact Annette Freeman, Simply Fashion Stores, Ltd., PO Box 188, Birmingham, AL 35201-0188; 205-951-1530, Fax 205-951-1510; Email: realestate@simplyfashions. com; Web site: www.simplyfashions.com. Annie Sez operates 45 locations throughout CT, FL, MD, MI, NJ, NY and PA. The women’s apparel stores occupy spaces of 11,000 sq.ft. to 12,000 sq.ft. in freestanding locations, power, specialty and strip centers, as well as urban/ downtown areas. Growth opportunities are sought throughout NJ and NY during the coming 18 months, with representation by Welco Realty. (continued on page seven)
This issue contains information on: • Retailers operating 22,891 locations with plans to open 1,854 sites • Real estate valued in excess of $109 million to be bought, sold & financed • Leasing activity on over 2 million sq.ft. of retail properties Postmaster: Periodical ews
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post-show icsc carolinas idea exchange New Construction Bayer Properties, LLC to redevelop Lexington, KY shopping center.......................... Pg. 3 Buyers & Sellers Venture Commercial brokers the sale of a Walmart Neighborhood Market........................................ Pg. 4 Who’s Opening & Where Destination XL to double its store count.......................................... Pg. 5 Zumiez plans 60 store openings Pg. 5 Making the News Fameco Real Estate promotes partner........................................ Pg. 5 Food Chains Expand Jimmy John’s Gourmet Sandwiches to open up to 450 locations..................................... Pg. 6 Exclusives Baum Realty reps Texas Corral Grill & Saloon............................ Pg. 8 Sources of Financing Johnson Capital funds mixed-use projects...................................... Pg. 8 Lease Signings DLC inks anchor deals with Tuesday Morning and JoAnn Fabrics........................................ Pg. 8 Velocity Retail brokers Old Navy deal............................................ Pg. 8 Lead Sheet LA Fitness to open 50 locations
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Super Shoes plans entry to the KY, NC, TN and WV markets..... Pg. 12 Space Place................................ Pg. 14