Reporting The Nation’s Weekly News on Retailing & Retail Real Estate Volume XXIX No. XIV
April 11, 2014
FEATURING APPAREL CHAINS EXPAND NATIONWIDE It’s Fashion operates more than 100 locations throughout AL, AR, DE, FL, GA, LA, MD, MS, NC, OK, SC, TN, TX and VA. The stores, offering apparel for young men and women, in addition to footwear and accessories, occupy spaces of 4,000 sq.ft. to 5,000 sq.ft. in regional shopping centers and urban/ downtown areas. Growth opportunities are sought throughout southeastern FL during the coming 18 months, with representation by The Rotella Group. For more information, contact Steve Miller, The Rotella Group, 3300 North Federal Highway, Suite 200, Ft. Lauderdale, FL 33306; 954-568-9015, Fax 954-568-9597; Email: steve@rotellagroup.com; Web sites: www.rotellagroup.com and www.itsfashions.com. Suzy Shier operates 151 locations throughout Canada. The stores, offering young women’s ready-to-wear apparel, accessories and footwear, occupy spaces of 3,000 sq.ft. to 5,000 sq.ft. in malls and power centers. Growth opportunities are sought throughout the existing market during the coming 18 months, with representation by Oberfeld Snowcap, Inc. For more information, contact Andres Laudenbach, Oberfeld Snowcap, Inc., 330 Bay Street, Suite 1100, Toronto, Ontario, Canada, M5H 2S8; 416-849-9406, Fax 416-593-9799; Email: andrew@oberfeldsnowcap.com; Web site: www.oberfeldsnowcap.com.
Discovery Clothing operates 29 locations throughout FL, IL, IN and WI. The apparel stores occupy spaces of 10,000 sq.ft. to 15,000 sq.ft. in regional shopping centers. Growth opportunities are sought throughout Broward, Miami-Dade, Palm Beach and the Orlando, FL metropolitan area during the coming 18 months, with representation by Katz & Associates Corp. Preferred cotenants include national fashion retailers. For more information, contact David Emihovich, Katz & Associates Corp., 2300 Glades Road, Suite 460W, Boca Raton, FL 33431; 561-869-4345, Fax 561-361-7276; Email: demihovich@dkatz.com; Web site: www.katzassociates.com. Patty’s Closet operates 11 locations throughout AK, HI, NJ, NV and OR. The boutiques, offering women’s apparel, occupy spaces of 1,300 to 1,700 sq.ft. in strip centers and urban/downtown areas. Growth opportunities are sought throughout NJ during the coming 18 months, with representation by Welco Realty. Style Encore operates nine locations throughout DE, FL, LA, MI and TX. The stores, offering women’s gently used apparel, footwear and accessories, occupy spaces of 2,500 sq.ft. to 4,000 sq.ft. in freestanding locations, neighborhood, power and strip centers, as well as urban/downtown areas. Growth opportunities (continued on page eight)
THIS ISSUE CONTAINS INFORMATION ON: • Retailers operating 33,243 locations with plans to open 2,162 sites • Real estate valued in excess of $155 million to be bought, sold & financed • Leasing activity on over 4.6 million sq.ft. of retail properties WS Postmaster: Periodical T NE E N A T R DIT IMPO SE EXPE A PLE
NATIONAL FOCUS New Construction Casto is redeveloping a center with LA Fitness as its anchor....... Pg. 3 Buyers and Sellers Calkain Cos. closes $45 million sale of six CVS locations............. Pg. 4 Who’s Opening and Where Kirkland’s to open up to 40 stores Pg. 5 Food Chains Expand Rusty Taco plans to open 10 units and enter IA, IL, NE and OK............................................. Pg. 6 Runza Restaurants to enter MO and WY...................................... Pg. 6 Boloco to open six restaurants.... Pg. 6 Lease Signings CBRE | Raleigh inks a deal with Dunham’s Sports........................ Pg. 7 Tenant Reps Thur & Associates is representing Johnny Rockets with expansion plans throughout MD, northern VA and Washington, DC............ Pg. 7 Making the News The Goldstein Group – RBN recently promoted Mark Handwerker to vice president..... Pg. 7 Lead Sheet Barami to enter CT and NJ.......... Pg. 9 OneClick Apple Specialist to open three stores........................ Pg. 10 Sources of Financing Cronheim Mortgage negotiates financing for a center in Belleville, NJ.............................. Pg. 14 Space Place................................ Pg. 14