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
Owning and Operating Grocery Anchored Retail Centers Nationwide since 1979
Leasing OppOrtunities natiOnwide
ASHBROOK COMMONS Ashburn, VA 198,589 SF Power Center 1,048 SF Available
ARBORLAND CENTER Ann Arbor, MI 403,814 SF Power Center 6,396 - 14,420 SF Available
CLAYTON LANE - Denver, CO 335,064 SF Mixed-use Development in Cherry Creek North 4,627 SF Available
TIFFANY PLAZA - Denver, CO 214,411 SF Whole Foods Anchored Neighborhood Center 1,442 - 4,300 SF Available
BALLANTYNE COMMONS EAST Charlotte, NC 150,926 SF Harris Teeter Anchored 1,131 - 2,001 SF Available
HARMONY MARKETPLACE Fort Collins, CO 350,593 SF Power Center 1,201 - 2,000 SF Available
Please contact Ira Shwartz, Leasing Agent, for any potential opportunities. Acquisitions:
Jake Bisenius JBisenius@AmCap.com 203-327-2001
Corporate Headquarters: 1281 East Main Street Stamford, CT 06902 203-327-2001
www.AmCap.com
Denver Regional Office: 44 Cook Street #710 Denver, CO 80206 303-321-1500
NEW CONSTRUCTION Landcore Group is developing Village Place at Pinehurst, a proposed mixed-use development located in Pinehurst, NC. Future cotenants will include Southern Hospitality restaurant and a microbrewery. Plans call for upscale shops, a village market, a boutique hotel, an office component and residential units. Walkways will connect the center to Pinehurst Arboretum and Rassie Wicker Park. For more information, contact Blaine East, Landcore Group; 917-317-8222; Web site: www.landcoredevelopment.net.
President/Publisher Ann O’Neal • ann@dealmakers.net Editor Erin Dunkley • erin@dealmakers.net Editor Stephanie Weaver • stephanie@dealmakers.net Art Director Anthony Pingicer • anthony@dealmakers.net Account Executive Jacqueline Pelicano • jp@dealmakers.net Account Executive Nicole Papa • nicole@dealmakers.net Executive Assistant Kait Kelly • kait@dealmakers.net Research Assistant Brenda Robinson • brendar@dealmakers.net Research Assistant Krista Kopf • krista@dealmakers.net Co-Founder Ted Kraus • 1979–2007
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FA Commercial Advisors is preleasing Millecento, an 18,893 sq.ft. mixed-use development located at the intersection of South Miami Avenue and 11th Street in Miami, FL. Retail spaces of up to 8,741 sq.ft. are available, along with a 2,090 sq.ft. mezzanine space. The project is slated to open during December. For more information, contact Fabio Faerman, FA Commercial Advisors, 1390 Brickell Avenue, Suite 104, Miami, FL 33131; 305-400-6395; Email: commercial@fir.com; Web site: www.facommercial.com. Arcore Real Estate Group is preleasing a retail development located at the intersection of Rand Road/U.S. 12 and June Terrace in Lake Zurich, IL. Area retail includes Costco, JoAnn Fabrics, Walmart and Home Depot. Area demographics include a population of 252,220 within a seven-mile radius earning $117,462 as the average household income. For more information, contact Mike Streit, Andy Robbins or Al Rodenbostel, Arcore Real Estate Group; 630-908-5703/5707/ 5701; Emails: mstreit@arcoregrp.com, arobbins@arcoregrp.com and al@arcoregrp.com. The Shopoff Group is redeveloping two industrial buildings situated on 25-acres and located in Newport Beach, CA. The redevelopment, Uptown Newport Village, will include a mixed-use center featuring retail space, a residential component and two, one-acre parks. The site is located near John Wayne Airport. For more information, contact William Shopoff, The Shopoff Group, 2 Park Plaza, Suite 700, Irvine, CA 92614; 949-417-1396, Fax 949-417-1399; Email: admin@shopoff.com; Web site: www.shopoff.com.
Simon Property Group is redeveloping Montgomery Mall, located at the intersection of Route 202 and Route 309 in Montgomery Township, PA. Redevelopment plans will focus on the north wing section of the mall and will include a redesigned exterior entrance, a children’s play area, new shop space and a restaurant with outdoor patio space. Stores are slated to open during December through early 2015. Cotenants currently include Francesca’s, Pinkberry, Spencer Gifts and VisionWorks. For more information, contact Simon Property Group, 225 West Washington Street. Indianapolis, IN 46204-3435; 317-6361600; Web site: www.simon.com. Greenberg Gibbons is developing Foundry Row, a mixed-use project located at the site of the former Solo Cup plant and situated on 50 acres along Reisterstown Road in Baltimore County, MD. Plans include a Wegman’s grocery store, a gym, shop space and an office component. The center is slated to open during early 2016. For more information, contact Brian Gibbons, Greenberg Gibbons, 10096 Red Run Boulevard, Suite 100, Owings Mills, MD 21117; 410-559-2500, Fax 410-5812032; Web site: www.ggcommercial.com. Casto is redeveloping Eastgate Marketplace, located along Eastgate North Drive in Union Township, OH. Plans call for a 37,000 sq.ft. LA Fitness to anchor the center, with an additional 75,000 sq.ft. to 90,000 sq.ft. of small shop space. For more information, contact Casto, 250 Civic Center Drive, Suite 500, Columbus, OH 43215; Columbus, OH 43215; 614228-5331, Fax 614-469-8376; Web site: D www.castoinfo.com. M
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 DealmakersTM 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 08690-0630. Periodical postage paid at Trenton, NJ and at additional mailing offices. Affiliated with Tenant Search, E.S.P., E-Blast Copyright 2014 by TKO Real Estate Advisory Group Inc. 609-587-6200, fax 609-587-3511.
Dealmakers Magazine | www.dealmakers.net
Greenburg Gibbons is developing Foundry Row in Baltimore County, MD. April 11, 2014 | Page 3
BUYERS AND SELLERS Michael Salove Co., on behalf of a client, is seeking to acquire retail properties throughout the northeastern and mid-Atlantic regions of the U.S. Suitable acquisitions are priced between $20 million and $25 million. For more information, contact Andrew Shpigel, Michael Salove Co., 1845 Walnut Street, 6th Floor, Philadelphia, PA 19103; 215-568-2600 Ext. 715; Email: ashpigel@mscretail.com. CBRE negotiated the sale of Montclair Plaza, a 1.345 million sq.ft. super regional mall in Montclair, CA. At the time of sale, the property was anchored by Macy’s, Nordstrom and JCPenney. For more information, contact Gleb Lvovich, Todd Goodman, Preston Fetrow or Kirk Brummer, CBRE, 3501 Jamboree Road, Newport Beach, CA 92660; 949-725-8694; Email: gleb.lvovich@cbre.com; Web site: www.cbre.com. Jones Long LaSalle is selling Napoleon Centre, a 60,795 sq.ft. shopping center located at the intersection of LaGrange Street and State Route 108/North Scott Street in Napoleon, OH. Chief Supermarket, a regional chain, anchors the center with a 41,896 sq.ft. store. The property is 74.6% occupied. For more information, contact Rebecca Wells, Jones Long LaSalle; 317-810-7009; Email: Rebecca.wells@am.jll.com. Karas Realty Advisors, Inc. is acquiring freestanding retail locations priced at $2 million and above. For more information, contact Steven L. Karas, Karas Realty Advisors, Inc.; 248-335-5080.
Konover South, LLC negotiated the sale of The Piers, located along U.S. 19 in Port Richey, FL. The shopping center includes a 65,000 sq.ft. Burlington Coat Factory and a 26,000 sq.ft. hhgregg. The site is adjacent to Gulf View Square, a mall anchored by Macy’s and Dillards. The shopping center was acquired for $9.4 million by Port Richey Partners, LLC. HFF represented the seller in the transaction. For more information, contact David Coppa, Konover South, LLC, 431 Fairway Drive, Deerfield Beach, FL 33441; 954354-8282, Fax 954-354-8283; Web site: www.konoversouth.com. Retail Solutions is selling a site which permits up to 313,435 sq.ft. of retail, seven pad sites and a fuel station at Parmer Park, located at the intersection of Parmer Lane and Dessau Road in Austin, TX. Area retailers include CVS, Dollar General, Walgreens, Auto Zone, McDonald’s and Taco Bell. Area demographics include a population of 220,088 within a five-mile radius earning $60,602 as the average household income. For more information, contact TJ Powell, Retail Solutions, 3724 Executive Center Drive, Suite 220, Austin, TX 78731; 512474-5557 Ext. 404; Email: tj@retailsolutions. us; Web site: www.retailsolutions.us. Cohen Real Estate negotiated the sale of a 9,500 sq.ft. corner retail space at the base of a 20-story condominium located along West 107th in New York, NY. The asking price was $20.5 million. For more information, contact Andrew Cohen, Cohen Real Estate, 9 East 40th Street, 10th Floor, New York, NY 10016.
Calkain Cos. negotiated the sale of a portfolio containing six CVS properties totaling $44.862 million. The company also negotiated the sale of four Family Dollar locations throughout Jay, LaBelle and Melbourne, FL, as well as Oshkosh, WI. For more information regarding the CVS properties, contact David Sobelman, Calkain Cos.; 813-282-6000; Email: dsobelman@calkain.com; Web site: www.calkain.com. For more information regarding the Family Dollar properties, contact Patrick Nutt; 954-302-7365; Email: patrick.nutt@calkain.com. Cassidy Turley is selling Freeway Junction Shopping Center, a 156,834 sq.ft. shopping center located along GA Highway 138 Southeast in Stockbridge, GA. The property is 97% occupied and tenants include Ollies Bargain Outlet, Northern Tool and Equipment, Farmer’s Home Furniture, Goodwill Industries and Citi Trends. Area retailers include Kroger, GNC and AT&T Wireless. The NOI is $973,188. Area demographics include a population of 54,638 within three miles. For more information, contact Drew Fleming or Mark Joines, Cassidy Turley; 904-394-2985/404-682-3416; Emails: drew.fleming@cassidyturley.com and mark.joines@cassidyturley.com. RMC Property Group recently acquired a 60,000 sq.ft. shopping center situated on 7.39 acres and located at the intersection of U.S. Highway 19 and Nebraska Avenue in Palm Harbor, FL. Office Depot anchors the center. The property was acquired for $6.75 million. For more information, contact Bobby Eggleston, RMC Property Group, 8902 North Dale Mabry Highway, Tampa, FL 33614; 813-960-8154; Web site: www.rmcpg.com. The Boulder Group, on behalf of a client, is seeking to acquire single-tenant Rite Aid properties nationwide. Suitable properties have 18 years remaining on the initial lease and are priced with a Cap rate reflecting 7.75%. For more information, contact Randy Blankstein, The Boulder Group; 847-5620003; Email: randy@bouldergroup.com; Web site: www.bouldergroup.com.
Cassidy Turley is selling Freeway Junction Shopping Center in Stockbridge, GA. Page 4 | April 11, 2014
Jameson Commercial is selling an 11,000 sq.ft. retail building located along Davis Street in the downtown area of Evanston, IL. The asking price is $1.595 million. For more information, contact Ari Topper, Jameson Commercial, 425 West North Avenue, Chicago, IL 60610; 312-216-8000; Email: atopper@jameson.com. DM Dealmakers Magazine | www.dealmakers.net
WHO’S OPENING AND WHERE Burlington Coat Factory Warehouse Corp. (609-387-7800) is planning to open a Burlington Coat Factory store in a portion of a former Walmart located along Northwest 13th Street in Gainesville, FL. The company will join a future Ross Dress for Less at the site and is slated to open during the second quarter of 2015. The company, offering family apparel, accessories and footwear, currently operates more than 520 locations throughout 44 states nationwide, as well as throughout Puerto Rico. Nordstrom, Inc. (206-628-2111) is planning to open a 35,000 sq.ft. Nordstrom Rack store at the site of a former Sears, located at the intersection of New Seward Highway and Benson Boulevard in Anchorage, AK during fall 2015. The chain offers apparel, footwear and accessories for men and women, currently operates more than 260 locations nationwide throughout 35 states, trading as Nordstrom at 117 locations, Nordstrom Rack at 140 locations, Jeffrey boutiques at two locations and one clearance outlet. BurgerFi (561-844-5528) is slated to open a location in Clermont, FL later this year, two restaurants in Osceola County, FL during 2015, as well as an opening in the Winter Springs/Oviedo, FL market during 2016. Massage Envy (602-889-1090) is planning to open three spas in Fresno, CA this year. ShopRite (800-746-7748) is planning to open a supermarket at Oxford Oaks Shopping Center in Lower Makefield, PA during the summer. The chain of grocery stores currently operates locations throughout CT, DE, MD, NJ, NY and PA.
Meijer, Inc. (952-828-4000) is proposing to open a new Meijer superstore to open at the site of a former nursing home along West Layton Avenue in Greenfield, WI. The company is also planning to open a 192,940 sq.ft. location at the site of the former Mallard Creek strip center, located along Rollins Road near Route 83 in Round Lake Beach, IL during late 2015. Hobby Lobby Stores, Inc. (405-745-1100) is planning to open a Hobby Lobby store at Parkway Plaza, a 16-acre development located along Battlefield Parkway in Ft. Oglethorpe, GA during spring 2015. The retailer will join Marshalls, Petco, Ross Dress for Less and Rack Room Shoes at the site. The chain, offering seasonal items, home décor, art, craft and hobby supplies, as well as custom picture framing, currently operates more than 559 locations throughout the U.S., and also operates under the tradename Mardel. Matchbox Food Group (202-289-4403) has plans to open restaurants throughout the metropolitan Washington, DC area, as well as in Merrifield, VA during the fall. The company currently operates locations, trading as Matchbox Vintage Pizza Bistro, DC-3 and Ted’s Bulletin throughout Palm Springs, CA; Rockville, MD, Washington, DC and Merrifield, VA. Kirkland’s, Inc. (615-872-4800) is planning to open 35 to 40 Kirkland’s stores this year, as well as close 10 to 15 existing locations. The company, offering home furnishings and décor, as well as garden and lawn accessories, currently operates 321 locations D throughout 35 states nationwide. M
FOOD CHAINS EXPAND NATIONWIDE The Coffee Bean & Tea Leaf operates more than 950 locations nationwide and internationally. The coffee shops occupy spaces of 1,100 sq.ft. to 1,600 sq.ft. in endcaps of lifestyle, power and regional centers, as well as urban/downtown areas. Growth opportunities are sought throughout Los Angeles County in CA during the coming 18 months, with representation by Present Value Properties. The company prefers sites with a drive-thru. Typical leases run five to 10 years. Major competitors include Starbucks and Peet’s Coffee. Menchie’s Frozen Yogurt operates 360 locations throughout 35 states nationwide, as well as in Canada and internationally. The frozen yogurt shops prefer to occupy spaces of 1,000 sq.ft. to 1,600 sq.ft. in endcaps of power and regional centers. Growth opportunities are sought throughout northern Los Angeles, Santa Barbara and Ventura counties in CA during the coming 18 months, with representation by Present Value Properties. Preferred cotenants include grocery stores. El Pollo Loco operates more than 400 locations throughout AZ, CA, NV and TX. The restaurants occupy spaces of 2,800 sq.ft. in freestanding locations with a drive-thru. Growth opportunities are sought throughout northern Los Angeles County in CA during the coming 18 months, with representation by Present Value Properties. Schlotzsky’s Deli operates more than 350 locations nationwide and internationally. The sandwich shops occupy spaces of 2,500 sq.ft. to 3,500 sq.ft. in freestanding locations with a drive-thru. Growth opportunities are sought throughout Los Angeles County in CA during the coming 18 months, with representation by Present Value Properties. For more information, contact Charlie Cangelosi, Present Value Properties, 20720 Ventura Boulevard, Suite 220, Woodland Hills, CA 91364; 818-646-6117, Fax 818646-6115; Email: charlie@pvpinc.com. Cameron Mitchell Restaurants trades as Rusty Bucket Restaurant & Tavern at 16 locations throughout IN, MI and OH. The restaurants occupy spaces of 4,500 sq.ft. to 5,000 sq.ft. in endcaps of neighborhood centers, malls and freestanding locations. Growth opportunities are sought throughout FL and the Midwestern region of the U.S. during the coming 18 months. Preferred demographics include a trade-area population earning $75,000 as the average household income. For more information, contact Keith Rogers, Cameron Mitchell Restaurants, 515 Park Street, Columbus, OH 43215; 248-2455447; Email: keith@rdadvisors.net; Web site: www.myrustybucket.com.
Nordstrom Rack is planning to open a 35,000 sq.ft. store in Anchorage, AK. Dealmakers Magazine | www.dealmakers.net
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April 11, 2014 | Page 5
FOOD CHAINS EXPAND NATIONWIDE (continued from page five)
Rusty Taco Franchising, LLC trades as Rusty Taco at 12 locations throughout CO, MN and TX. The Mexican restaurants occupy spaces of 1,500 sq.ft. to 3,000 sq.ft. in freestanding locations, lifestyle centers and urban/ downtown areas. Plans call for 10 openings throughout CO, IA, IL, MN, NE, OK and TX during the coming 18 months. For more information, contact Steve Dunn, Rusty Taco Franchising, LLC, 701 East 15th Street, Suite 201, Plano, TX 75074; 402-6811340; Email: steve@rustytaco.com; Web site: www.rustytaco.com. Runza Restaurants trades as Runza at 80 locations throughout CO, IA, KS and NE. The quick-serve restaurants occupy spaces of 2,500 sq.ft. to 3,600 sq.ft. in endcaps of shopping centers and freestanding locations. Growth opportunities are sought throughout CO, IA, KS, MO, NE and eastern WY during the coming 18 months. For more information, contact Jon Wurst, Runza Restaurants, 5931 South 58th Street, Suite D, Lincoln, NE 68516; 402-423-2394, Fax 402-423-5726; Email: jwurst@runzanational.com; Web site: www.runza.com. HW Holdings Corp. trades as Le Peep at 54 locations nationwide. The restaurants occupy spaces of 3,200 sq.ft. in endcaps of power and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. For more information, contact Amanda Rhoads, HW Holdings Corp., 7761 Shaffer Parkway, Suite 102, Littleton, CO 80127; 303730-6300; Email: ar4west@hwholdingscorp.com; Web site: www.lepeep.com.
Bad Ass Coffee Co. of Hawaii, Inc. trades as Bad Ass Coffee Co. at 28 locations nationwide and internationally. The coffee shops occupy spaces of 1,500 sq.ft. in endcaps of shopping centers, freestanding locations and urban/downtown areas. Growth opportunities are sought throughout the existing markets during the coming 18 months. The company prefers sites with a drive-thru. Typical leases run five to 10 years. A vanilla shell and specific improvements are required. Preferred demographics include a population of 50,000 within three miles earning $50,000 as the average household income. Major competitors include Starbucks. Company is franchising. For more information, contact Conie Alexakos, Bad Ass Coffee Co. of Hawaii, Inc., 155 West Malvern Avenue, Salt Lake City, UT 84115; 801-428-0823, Fax 801463-2606; Email: connie@badasscoffee. com; Web site: www.badasscoffee.com. ABP Corp. trades as Au Bon Pain at 260 locations throughout the eastern, midstates and southern regions of the U.S., as well as internationally. The restaurants occupy spaces of 2,500 sq.ft. to 3,000 sq.ft. in airports, offices, universities, hospitals and urban areas. Growth opportunities are sought throughout DE, FL, GA, IL, KY, MA, MD, MI, MN, NC, NH, NJ, NY, OH, PA, RI, TN, TX, VA and Washington, DC during the coming 18 months. For more information, contact Steve Blum, ABP Corp., One Au Bon Pain Way, Boston, MA 02210; 617-423-2100 Ext. 5270; Email: steve_blum@aubonpain.com; Web site: www.aubonpain.com.
Boloco plans to open six locations throughout New England and Washington, DC during the coming 18 months. Page 6 | April 11, 2014
Checkers operates more than 800 locations nationwide. The restaurants occupy spaces of 1,000 sq.ft. to 2,000 sq.ft. in endcaps and inline spaces of shopping centers or freestanding locations with a drive-thru. Growth opportunities are sought throughout Brooklyn, Bronx, Manhattan, Queens and Staten Island, NY during the coming 18 months, with representation by Schuckman Realty, Inc. Pinkberry operates more than 245 locations nationwide and internationally. The frozen yogurt shops prefer to occupy spaces of 1,500 sq.ft. in strip centers and malls. Growth opportunities are sought throughout Brooklyn, Nassau County, Queens, Suffolk County and Westchester, NY during the coming 18 months, with representation by Schuckman Realty, Inc. Pizza Hut operates 14,000 locations nationwide and internationally. The pizzerias occupy spaces of 1,000 sq.ft. to 2,000 sq.ft. in inline and endcap spaces of shopping centers. Growth opportunities are sought throughout Brooklyn, Bronx, Manhattan, Queens and Staten Island, NY during the coming 18 months, with representation by Schuckman Realty, Inc. A drive-thru is required. Freddy’s Frozen Custard and Steakburger operates 100 locations nationwide. The restaurants occupy spaces of 3,000 sq.ft. to 3,600 sq.ft. in freestanding locations. Growth opportunities are sought throughout Long Island, NY during the coming 18 months, with representation by Schuckman Realty, Inc. A land area of 30,000 sq.ft. to 50,000 sq.ft. is required. For more information regarding Checkers or Pizza Hut, contact Evan Schuckman, Schuckman Realty, Inc., 7600 Jericho Turnpike, Woodbury, NY 11797; 516496-8888, Fax 516-496-8905; Email: evan@schuckmanrealty.com; Web site: www.schuckmanrealty.com. For more information regarding Pinkberry, contact Evan Schuckman or Brian Boker; Email: brian@schuckmanrealty.com. For more information regarding Freddy’s Frozen Custard and Steakburger, contact Edward Gottlieb or Jessica Vilmenay; Email: ed@schuckmanrealty.com. Boloco operates 22 locations throughout MA, MD, NH, RI, VT and Washington, DC. The restaurants occupy spaces of 1,800 sq.ft. to 2,400 sq.ft. in urban and suburban areas. Plans call for six openings throughout New England and Washington, DC during the coming 18 months, with representation by BLACKLINE Retail Group, LLC. For more information, contact Sara Taylor, BLACKLINE Retail Group, LLC, 130 Rumford Avenue, Suite 213, Newton, MA 02466; 617-553-1824; Email: sara@blacklinere.com; Web site: www.blacklinere.com. DM Dealmakers Magazine | www.dealmakers.net
LEASE SIGNINGS illi Commercial Real Estate (818-501-2212) negotiated the following leases throughout CA: 10 years with VEPO Design Corp. for 2,114 sq.ft. along Vineyard Avenue in Oxnard, with Eric Friedland of illi Commercial Real Estate representing the tenant in the transaction; five years with Fatburger for 816 sq.ft. along Beverly Boulevard in Montebello, with Todd Nathanson and Dimas Rangel of illi Commercial Real Estate representing the landlord and the tenant in the transaction; five years with Jamba Juice for 1,250 sq.ft. along Soledad Canyon Road in Canyon Country, with Todd Nathanson and Adam Cather of illi Commercial Real Estate representing the landlord in the transaction; five years with We the Rock Spectrum for 1,819 sq.ft. along Ventura Boulevard in Tarzana, with Todd Nathanson and Danny Raffle of illi Commercial Real Estate representing the landlord in the transaction; three years with Infit Dance for 1,826 sq.ft. along Ventura Boulevard in Woodland Hills, with Todd Nathanson, Greg Offsay and Jordan Lolli of illi Commercial Real Estate representing the landlord in the transaction and one year with Ivivva USA for 950 sq.ft. along Topanga Canyon Road in Calabasas, with George Ross and Mindy Allen of illi Commercial Real Estate representing the landlord and the tenant in the transaction. Mid-America Real Estate –Wisconsin, LLC (414-273-4600) negotiated the following lease transactions throughout WI: with Carter’s for 3,621 sq.ft., with Oshkosh for 3,451 sq.ft. and with Torrid for 2,975 sq.ft. at Mayfair Collection in Wauwatosa, with Adam Dreier of Mid-America Real Estate –Wisconsin, LLC representing the tenants in the transactions; with Jalisco Mexican Restaurant for 1,276 sq.ft. at Oak Creek Commons, located along West Ryan Road in Oak Creek, with Andrew Prater of Mid-America Real Estate –Wisconsin, LLC representing the landlord in the transaction and with Rosati’s for 2,520 sq.ft. along Wisconsin Avenue in Grafton, with Joe Kleiman of Mid-America Real Estate – Wisconsin, LLC representing the landlord in the transaction. The company also negotiated a lease renewal with Hallmark for 10,230 sq.ft. at Shopko Plaza, located along East Grand Avenue in Rothschild, with Andrew Prater and Dan Rosenfeld of Mid-America Real Estate –Wisconsin, LLC representing the landlord in the transaction. High Associates, Ltd. (717-209-4069) negotiated a lease with Aldi for 17,594 sq.ft. at Mill Creek Square, a 286,452 sq.ft. community center situated on 35 acres along Lincoln Highway East in Lancaster, PA. Dealmakers Magazine | www.dealmakers.net
The Katsias Co. (757-490-3585) negotiated the following leases throughout VA: with Biomat for 8,000 sq.ft. and Good Looks for 1,210 sq.ft. at Langley Square Shopping Center in Hampton, with John Katsias of The Katsias Group handling the Biomat transaction and Dean Martin of The Katsias Group negotiating the Good Looks transaction and with Joki Supreme for 504 sq.ft. and LAVISH for 1,534 sq.ft. at Holland Plaza Shopping Center in Virginia Beach, with Dean Martin negotiating both transactions. The company also negotiated a lease with Whitney Flooring for 4,500 sq.ft. at Kinnamon Village Square Shopping Center in Clemmons, NC. John Katsias negotiated the transaction. Velocity Retail Group (602-682-6020) negotiated the following leases throughout AZ: a 10-year lease with Snooze Eatery for 4,200 sq.ft. at Gilbert Heritage Square District, located along North Gilbert Road in Gilbert, with Chip Thor of Velocity Retail Group representing the tenant in the transaction; a 10-year lease with Mattress Firm for 4,200 sq.ft. at the intersection of U.S. 60 and Greenfield Road in Mesa, with Darren Pitts and Michael Clark of Velocity Retail Group representing the tenant in the transaction and a five-year lease with Pizza Five85 for 2,434 sq.ft. at Scottsdale Crossing Shopping Center, located along North Scottsdale Road in Scottsdale, with Andy Kroot representing the tenant in the transaction. Goodman Real Estate Services Group, LLC (216-381-8200) negotiated the following leases throughout OH: with JoAnn Fabrics at Midway Market Square in Elyria, with Steve Altemare of Goodman Real Estate Services Group, LLC representing the tenant in the transaction; with Sweetfrog at Cole Plaza in Brunswick; with GNC at Garfield Commons in Garfield Heights, with Zack Sogoloff representing the tenant in the transaction and with Affordable Dentures at Mentor Commons in Mentor. CBRE|Raleigh (757-228-1860) negotiated a lease with Dunham’s Sports for 35,000 sq.ft. at Goldsboro Promenade, located along North Berkeley Boulevard in Goldsboro, NC. Reagan Crabtree of CBRE|Raleigh represented the tenant and Drew Logan of The Shopping Center Group represented the landlord in the transaction. SRSA Commercial Real Estate, Inc. (504831-2363) negotiated a lease with Another Broken Egg for 2,000 sq.ft. along Harrison Avenue in New Orleans, LA. DM
TENANT REPS AND LEASING ASSIGNMENTS
S.L. Nusbaum Realty Co. (757-282-6505) recently was appointed as the exclusive leasing and managing agent for Towne Place at Greenbrier, a 77,000 sq.ft. shopping center in Chesapeake, VA and for The Shops at Cedar Valley, a 25,000 sq.ft. center located at the intersection of Route 199 and Moorestown Road in Williamsburg, VA. Jones Lang LaSalle (404-995-2271) was appointed as the exclusive sales broker for five shopping centers located throughout LA, in Lafayette, Slidell, Eunice and Cut Off. The total GLA of all of the properties is 362,711 sq.ft. Thur & Associates (703-879-4960) is representing Johnny Rockets with its expansion plans throughout MD, northern VA and Washington, DC. The restaurants occupy space of 1,500 sq.ft. to 2,000 sq.ft. and prefer to locate in areas with high tourist and traffic counts. Cushman & Wakefield (617-204-4150) has been appointed as the exclusive sales agent for Milford Commons, a 77,824 sq.ft. shopping center located in Milford, NH. Northgate Commercial Real Estate (209477-4411) is representing Kelly-Moore Paint Co., Inc. with its expansion plans in select markets of CA. DM
REAL ESTATE PROFESSIONALS MAKING THE NEWS
The Goldstein Group-RBN (201-703-9700) recently promoted Mark Handwerker to vice president. The brokerage company specializes in owner and retailer representation, investment sales and management services. Progressive Real Estate Partners (909-3737059) hired Robert Levyssohn as senior retail specialist. In his new role, Levyssohn will focus on the leasing and sale of retail properties in the Inland Empire and San Gabriel Valley, CA markets. Prior to joining the company, Levyssohn operated his own firm, Stuart Thomas & Co. The company specializes in the leasing and sales of commercial properties throughout the Inland Empire and San Gabriel Valley, CA region. Ferrandino & Son, Inc. (866-571-4609) appointed Jon Gaiman to serve on the board of directors. Gaiman currently serves as vice president of store development for Dunkin’ Brands. DM April 11, 2014 | Page 7
HOME-RELATED CHAINS EXPAND NATIONWIDE (continued from page one)
are sought throughout NJ during the coming 18 months, with representation by Welco Realty. Dressbarn operates 840 locations nationwide. The stores, offering women’s apparel, accessories and footwear, occupy spaces of 8,000 sq.ft. to 10,000 sq.ft. in strip centers with GLAs of at least 200,000 sq.ft. Growth opportunities are sought throughout NJ and NY during the coming 18 months, with representation by Welco Realty. Preferred cotenants include supermarkets, discount department stores and soft good retailers. The company will also consider locating in freestanding buildings as well as in central business districts. Once Upon a Child operates 280 locations nationwide and in Canada. The stores, offering discounted and gently used children’s apparel, toys and baby items, occupy spaces of 3,000 sq.ft. to 5,000 sq.ft. in freestanding locations, power, strip, neighborhood and regional shopping centers. Growth opportunities are sought throughout central and northern NJ during the coming 18 months, with representation by Welco Realty. Preferred cotenants include supermarkets and apparel retailers. Torrid operates 170 locations nationwide throughout 36 states. The stores,
offering plus-sized women’s apparel, occupy spaces of 2,500 sq.ft. in shopping centers. Growth opportunities are sought throughout NJ during the coming 18 months, with representation by Welco Realty. Preferred cotenants include Target, T.J. Maxx, Bed Bath & Beyond and supermarkets. For more information, contact Jerry Welkis, Welco Realty, 2525 Palmer Avenue, New Rochelle, NY 10801; 914-576-7500, Fax 914576-7596; Email: jwelkis@welcorealty.com; Web sites: www.welcorealty.com, www.dressbarn.com, www.onceuponachild.com, www.style-encore.com and www.torrid.com. Factory Connection, LLC trades as Factory Connection at 290 locations throughout AL, AR, GA, IL, KS, KY, LA, MO, MS, OH, OK, TN, TX, VA and WV. The stores, offering active apparel wear for men and women, occupy spaces of 3,000 sq.ft. to 4,000 sq.ft. in strip and value centers, as well as urban/downtown areas. Growth opportunities are sought throughout AL, AR, IL, KS, KY, MO, OH, OK, TN, TX and WV, as well as the western region of VA during the coming 18 months. Typical leases run two to five years. A vanilla shell is required. Preferred demographics
include a population of 12,000 within three miles earning $30,000 as the average household income. For more information, contact Gaylan Hamilton, Factory Connection, LLC, 2300 Highway 79 South, Guntersville, AL 359762220; 256-264-9400, Fax 256-264-9340; Email: ghamilton@factory-connection.com; Web site: www.factory-connection.com. Goodwill of Greater DC operates 15 locations throughout MD, VA and Washington, DC. The stores, offering gently used apparel, accessories and household items, occupy spaces of 15,000 sq.ft. to 25,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout southern MD, northern VA and Washington, DC during the coming 18 months, with representation by Newmark Grubb Knight Frank. For more information, contact Edward Goldmeier, Newmark Grubb Knight Frank, 400 East Pratt Street, Suite 710, Baltimore, MD 21202; 410-625-4202; Email: D egoldmeier@ngkf.com; Web site: www.ngkf.com. M
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LEAD SHEET Int. Fashion Concept dba Barami Bahram Hakakian 519 8th Avenue, 5th Floor New York, NY 10018 212-629-6464, Fax 212-695-1417 Email: bahram@barami.com Web site: www.barami.com
Accessories The seven-unit chain operates locations throughout GA, MA, NY and Washington, DC. The stores, offering women’s accessories and apparel items, occupy spaces of 1,000 sq.ft. to 2,500 sq.ft. in downtown areas. Growth opportunities are sought throughout CT, NJ and NY during the coming 18 months. Typical leases run 10 to 15 years. Preferred cotenants include upscale retailers. Preferred demographics include a trade-area population earning $100,000 as the average household income. The company will also consider sites in malls and freestanding locations.
Aamco – Transmissions – Total Car Care Patricia Fiore or Joseph Amecangelo c/o R.J. Brunelli & Co. 400 Perrine Road, Suite 405 Old Bridge, NJ 08857 732-721-5800, Fax 732-721-9241 Email: pfiore@rjbrunelli.com
Automotive The 750-unit chain operates locations nationwide. The automotive service centers occupy spaces of 4,000 sq.ft. to 5,000 sq.ft. in freestanding locations. Plans call for 30 openings throughout the existing market during the coming 18 months, with representation by R.J. Brunelli & Co. Typical leases run 10 years. Preferred demographics include a population of 100,000 within three to five miles earning $50,000 as the average household income. The company is franchising.
Al & Ed’s Autosound Barry Hodis 6855 Hayvenhurst Avenue Van Nuys, CA 91406 818-908-5700, Fax 818-908-5741 Email: bhodis@al-eds.com Web site: www.al-eds.com
Automotive The 18-unit chain operates locations throughout southern CA. The stores, sell and install top brand name mobile electronics, including speakers, navigation systems and car stereos, and prefer to occupy spaces of 2,000 sq.ft. to 3,500 sq.ft. in malls, freestanding locations, outlet, power and strip centers, as well as downtown areas. Growth opportunities are sought throughout the existing market during the coming 18 months.
The Norman Group, Inc. dba Norman’s Hallmark Howard Henschel 126 Terry Drive Newtown, PA 18940 215-579-2600 Ext. 103, Fax 215-579-2899 Email: hhenschel@normansgifts.com
Cards The 42-unit chain operates locations throughout NJ and PA. The card and gift shops occupy spaces of 3,000 sq.ft. to 7,500 sq.ft. in malls, power and strip centers. Plans call for three openings throughout the existing markets through the rest of the year. Typical leases run five years with five-year options. Specific improvements are required. Preferred cotenants include grocery stores and Macy’s.
Essentials Plus Alan Jamnik 78 New York Avenue Westbury, NY 11590 516-308-1526, Fax 516-338-5571
Cosmetics The 10-unit chain operates locations throughout NJ and NY. The stores, offering cosmetics and beauty supplies, occupy spaces of 1,200 sq.ft. to 4,000 sq.ft. in regional malls. Growth opportunities are sought throughout NJ and lower Manhattan, NY during the coming 18 months.
Ulta Doug Bomzer c/o Sabre Real Estate Group, LLC 500 Old Country Road, Suite 209 Garden City, NY 11530 516-874-8070 Email: douglas@sabreny.com Web site: www.sabreny.com
Cosmetics The 664-unit chain operates locations nationwide in 46 states. The stores, offering cosmetics, beauty supplies, fragrances, as well as featuring an in-store full service salon, occupy spaces of 10,500 sq.ft. to 12,000 sq.ft. in power and shopping centers. Growth opportunities are sought throughout Long Island and the outer boroughs of New York, NY during the coming 18 months, with representation by Sabre Real Estate Group, LLC.
Dealmakers Magazine | www.dealmakers.net
April 11, 2014 | Page 9
LEAD SHEET Dillard’s, Inc. dba Dillard’s Chris Johnson 1600 Cantrell Road Little Rock, AR 72201 501-376-5200 Ext. 5255, Fax 501-399-7502 Email: chris.johnson@dillards.com Web site: www.dillards.com
Department Store The 296-unit chain operates locations throughout the midstates, southern and western regions of the U.S. The department stores occupy spaces of 70,000 sq.ft. to 300,000 sq.ft. in malls and lifestyle centers. Growth opportunities are sought nationwide during the coming 18 months.
Lot-Less Closeouts Jerry Welkis c/o Welco Realty 2525 Palmer Avenue New Rochelle, NY 10801 914-576-7500, Fax 914-576-7596 Email: jwelkis@welcorealty.com Web site: www.welcorealty.com
Discount The 10-unit chain operates locations throughout NJ and NY. The stores, offering apparel items, electronics, health and beauty items, office supplies and housewares, occupy spaces of 10,000 sq.ft. to 20,000 sq.ft. in freestanding locations, power and regional shopping centers. Growth opportunities are sought throughout NJ and the New York, NY metropolitan area during the coming 18 months, with representation by Welco Realty. Preferred cotenants include supermarket and big box retailers. The company will also consider acquiring sites.
OneClick Apple Specialist Gerardo Aguinis c/o The Zall Co. 4725 South Monaco Street, Suite 340 Denver, CO 80237 303-804-5656, Fax 303-804-9696 Email: gaguinis@zallcompany.com Web site: www.oneclick.us.com
Electronics The five-unit chain operates locations throughout FL. The chain is a reseller and service provider of Apple products, and prefers to occupy spaces of 1,200 sq.ft. to 2,000 sq.ft. in malls, lifestyle and outlet centers, as well as urban/downtown areas. Plans call for three openings throughout the existing market during the coming 18 months, with representation by The Zall Co. Typical leases run 10 years.
Cash America International, Inc. dba Cash America Pawn Doak Raulston 1600 West 7th Street Ft. Worth, TX 76102-2599 817-335-1100, Fax 817-570-1695 Email: draulston@casham.com Web site: www.cashamerica.com
Finance The 1,000-unit chain operates locations throughout AK, AL, AZ, CO, FL, GA, IL, IN, KY, LA, MI, MO, NC, NE, NV, OH, OK, SC, TN, TX, UT and WA. The pawn shops occupy spaces of 5,000 sq.ft. to 10,000 sq.ft. in freestanding locations, strip and value centers. Growth opportunities are sought throughout AZ; FL; Chicago, IL; NV and TX during the coming 18 months. Typical leases run five years with three, five-year options. A vanilla shell is required. Preferred demographics include a population of 80,000 within three miles earning $35,000 as the average household income. Major competitors include EZ Pawn, First Cash and Value Pawn.
Premier Pawn Mike Charron c/o Real Property Specialists, Inc. 2345 West Sand Lake Road, Suite 100 Orlando, FL 32809 407-812-8000 Ext. 113 Email: mike@realpropertyspecialists.com Web site: www.realpropertyspecialists.com
Finance The two-unit chain operates locations in Orlando, FL. The pawn shops occupy spaces of 5,000 sq.ft. to 8,000 sq.ft. in strip centers. Limited growth opportunities are sought throughout Orlando, Tampa and southern areas in FL during the coming 18 months, with representation by Real Property Specialists, Inc.
ALCO Stores, Inc. dba ALCO Discount Stores Debbie Harkness 751 Freeport Parkway Coppell, TX 75019 469-322-2900 Ext. 1053 Email: dharkness@alcostores.com Web site: www.alcostores.com
General Merchandise The 210-unit chain operates locations throughout AR, AZ, CO, FL, GA, IA, ID, IL, IN, KS, MN, MT, ND, NE, NM, OH, OK, SD, TX, UT, WI and WY. The stores, offering appliances, electronics, outdoor products, housewares and apparel items, occupy spaces of 26,614 sq.ft. in freestanding locations. Growth opportunities are sought throughout the western region of the U.S. during the coming 18 months. Typical leases run 15 years with three, five-year options. Preferred cotenants include grocery stores. Major competitors include Kmart, Pamida, Shopko, Target and Walmart. The company prefers to locate in rural markets.
Page 10 | April 11, 2014
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LEAD SHEET Sport Clips Joel Reichman c/o Fameco Real Estate, LP 625 West Ridge Pike, Building A, Suite 100 Conshohocken, PA 19428 610-834-8000 Email: joel.reicheman@sportclips.com Web site: www.famecoretail.com
Hair Salon The 1,100-unit chain operates locations nationwide. The hair salons occupy spaces of 1,000 sq.ft. to 1,500 sq.ft. in strip centers. Growth opportunities are sought throughout Baltimore, MD; eastern MI; NJ; Long Island and upstate NY; eastern PA; northern OH and the New England region of the U.S. during the coming 18 months, with representation by Fameco Real Estate, LP. Preferred cotenants include big box retailers and national chains.
Fire & Ice, Inc. dba Fire & Ice Robert Levine 9578 Deereco Road Lutherville Timonium, MD 21093 410-560-6750 Ext. 125, Fax 410-560-6754 Email: info@fireandice.com Web site: www.fireandice.com
Jewelry The 14-unit chain operates locations throughout MA, MD, PA, VA and Washington, DC. The jewelry stores occupy spaces of 525 sq.ft. to 1,000 sq.ft. in regional shopping centers and airports. Growth opportunities are sought throughout the existing markets during the coming 18 months.
The Jewelers, Inc. dba The Jewelers of Las Vegas Mordechai Yerushalmi 2400 Western Avenue Las Vegas, NV 89102 702-382-7411, Fax 702-382-3307
Jewelry The 12-unit chain operates locations throughout Las Vegas, NV. The jewelry stores occupy spaces of 1,000 sq.ft. to 1,500 sq.ft. in hotels and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months.
Petco Thomas Godino, Jr. or Ross Waters c/o Atlantic Retail Properties 1001 North US Highway One, Suite 600 Jupiter, FL 33477 561-427-6699 Email: tgodino@atlanticretail.com Web site: www.atlanticretail.com
Pet Supplies The 1,300-unit chain operates locations nationwide and in Mexico and Puerto Rico. The pet supply stores occupy spaces of 12,500 sq.ft. in power centers. Growth opportunities are sought throughout gulf coast areas of AL, FL and MS during the coming 18 months, with representation by Atlantic Retail Properties.
Budget Shoe Warehouse, Inc. dba Budget Shoe Warehouse Vincent Gill 151 Carlingview Street, Unit 6 Toronto, Ontario, Canada M9W 5S4 416-679-8884 Ext.26
Shoes The 16-unit chain operates locations throughout southern Ontario, Canada. The shoe stores occupy spaces of 3,000 sq.ft. in malls, power, strip and value centers, as well as urban/ downtown areas. Growth opportunities are sought throughout the existing market during the coming 18 months.
Daneli Shoe Co. dba Footwear Etc. and Footwear Outlet Mr. Elie Monarch 273 North Matilda Avenue Sunnyvale, CA 94086 408-744-9992, Fax 408-744-9994 Email: elie@footwearetc.com Web site: www.footwearetc.com
Shoes The 10-unit chain operates locations throughout northern and southern CA. The shoe stores occupy spaces of 2,000 sq.ft. to 6,000 sq.ft. in freestanding locations, strip and endcaps of shopping centers. Plans call for one opening throughout the existing markets through the end of the year. The company prefers to locate in affluent areas.
Dealmakers Magazine | www.dealmakers.net
April 11, 2014 | Page 11
LEAD SHEET Angel Tips Nail Salon Jeff Kintzer c/o Royal Properties, Inc. 850 Bronx River Road Bronxville, NY 10708 914-237-3403, Fax 914-237-0196 Email: jeff@royalpropertiesinc.com Web site: www.royalpropertiesinc.com
Service The 60-unit chain operates locations throughout CT, NJ and NY. The shops, offering manicures, pedicures and spa services, occupy spaces of 800 sq.ft. to 3,000 sq.ft. in power and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months, with representation by Royal Properties, Inc.
Artis Ross White c/o SRS Real Estate Partners 301 Howard Street San Francisco, CA 94105 415-908-4939 Email: ross.white@srsre.com Web site: www.srsre.com
Specialty The company operates a location in Berkley, CA. The shop, offering customers the opportunity to roast, grind, brew and store coffee, occupies spaces of 1,500 sq.ft. to 3,000 sq.ft. in freestanding locations, power and strip centers, as well as urban/downtown areas. Growth opportunities are sought throughout northern CA during the coming 18 months, with representation by SRS Real Estate Partners.
M & M Meat Shops, Ltd. dba M & M Meat Shops John Wissent 640 Trillium Drive, PO Box 2488 Station C Kitchener, Ontario, Canada N2H 6M3 519-895-1075, Fax 519-895-0762 Web site: www.mmmeatshops.com
Specialty The 410-unit chain operates locations throughout Canada. The stores, offering frozen foods and meat products, occupy spaces of 1,100 sq.ft. to 1,300 sq.ft. in strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run five years with three, five-year options. Preferred demographics include a population of 20,000 within three miles earning $45,000 as the average household income.
C & R Supermarkets Mark Thomas 206 North Rollins Street Macon, MO 63552 660-385-2151, Fax 660-385-2992 Email: mthomas@crmarkets.com Web site: www.crsupermarkets.com
Supermarket The 13-unit chain operates locations throughout MO. The supermarkets occupy spaces of 20,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months.
BJ’s Wholesale Club Tom Londres or Dan Brickner c/o Metro Commercial Real Estate 303 Fellowship Road, Suite 202 Mt. Laurel, NJ 08054 856-866-1900, Fax 856-866-1611 Email: dbrickner@metrocommercial.com Web site: www.bjs.com
Wholesale Club The 201-unit chain operates locations throughout CT, DE, FL, GA, MA, MD, ME, NC, NH, NJ, NY, OH, PA, RI and VA. The wholesale clubs occupy spaces of 85,000 sq.ft. to 119,000 sq.ft. in freestanding locations and power centers. Growth opportunities are sought throughout the eastern region of the U.S. during the coming 18 months, with representation by Metro Commercial Real Estate.
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 12 | April 11, 2014
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Cronheim Mortgage negotiated $8 million in financing for Belleville Center, a 70,450 sq.ft. shopping center in Belleville, NJ. Shop Rite anchors the center. The 10-year loan features a 25-year amortization period. The company specializes in debt and equity services for investment grade real estate. For more information, contact Andrew Stewart or Allison Moravec, Cronheim Mortgage, 205 Main Street, PO Box 807, Chatham, NJ 07928; 973-635-6800; Emails: andrew.stewart@cronheimmortgage.com and allison.moravec@cronheimmortgage.com; Web site: www.cronheimmortgage.com. BMC Capital provides loans from $500,000 to $1.5 million for retail properties. Loans feature loan-to-value ratios of up to 75%, fixed-terms of up to seven years, rates up to 6.6% and 25 year amortization periods. For more information, contact Carl Esrey, BMC Capital; 214-526-7178; Web site: www.bmccapital.com.
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Encino – A center located at the intersection of Ventura Boulevard and Balboa Boulevard, has a 2,000 sq.ft. former restaurant endcap space available. Area retailers include Smart & Final and Cho Cho San Sushi. Area demographics include a population of 142,837 within three miles earning $94,341 as the average household income. The average daily traffic count is 75,000 vehicles. For more information, contact Todd Nathanson or Greg Offsay, illi Commercial Real Estate, 17547 Ventura Boulevard, Suite 304, Encino, CA 91316; 818-501-2212 Ext. 101/104, Fax 818-501-2202; Email: todd@illicre.com; Web site: www.illicre.com.
income. The average daily traffic count is 22,000 vehicles. For more information, contact Jeff Kintzer, Royal Properties, Inc., 850 Bronx River Road, Bronxville, NY 10708; 914-2373403 Ext. 103, Fax 914-237-0196; Email: jeff@royalpropertiesinc.com; Web site: www.royalpropertiesinc.com.
Connecticut Derby – Shop Rite Shopping Center, located along Pershing Drive, has spaces of 1,652 sq.ft,. 4,000 sq.ft. and 6,800 sq.ft. available. Cotenants include Shop Rite, Wireless Zone, Petland Discounts, Sally Beauty Supply, Advance Auto Parts, Pay/Half and City Buffet & Grill. Area demographics include a population of 96,570 within five miles earning $99,319 as the average household
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Florida Miami – Promenade Plaza, a 69,054 sq.ft. center located at the intersection of Southwest 152nd Street and Southwest 112th Avenue, has spaces available. Cotenants include CVS, Citibank, Humana, McDonald’s, Family Dollar and Popeye’s Chicken & Biscuits. Area demographics include a population of 344,647 within five miles earning $84,916 as the average household income. Also – Brownsville Center, a 33,404 sq.ft. center located at the intersection of 54th Street and 27th Avenue, has a space of 1,100 sq.ft. available. Cotenants include Checkers, Bank of America and OkeyDokey Grocery Markets. Area demographics include a population of 599,284 within five miles earning $47,051 as the average household income. For more information, contact Jessica Heinecker, Redevco Management, 11098 Biscayne Boulevard, 1st Floor, Suite 103, Miami, FL 33161; 305-981-0888, Fax 305981-0003; Email: jheinecker@redevco.org; Web site: www.redevco.org. Miami Beach – A 2,780 sq.ft. ground floor space is available along Lincoln Road. Area retailers include FedEx Office, 9th Chakra, Piola, Hertz, Cold Stone Creamery, Doraku, Serendipity 3, Regal Cinemas, Baires Grill and Anthropologie. For more information, contact Drew Schaul, RKF, 305-372-6200; Email: dschaul@rkf.com; or Sherri White or Nick Howell, Vornado Realty Trust, 212-8947982/7992; Email: swhite@vno.com.
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Orange City – Crown Centre Plaza II, a 103,999 sq.ft. center located at the intersection of Enterprise Road and Saxon Boulevard, has a space of 16,309 sq.ft. available. Cotenants include Bealls, Moe’s Southwest Grill, AT&T Wireless, Amscot and Regions. Area demographics include a population of 89,644 within five miles earning $44,527 as the median household income. The average daily traffic count is 53,600 vehicles. For more information, contact Craig Katterfield, Crossman & Co., 407-581-6241; Dealmakers Magazine | www.dealmakers.net
SPACE PLACE Florida
Florida
Kansas
Email: ckatterfield@crossmanco.com; Web site: www.crossmanco.com.
For more information, contact Willow Shambeck, Cursor Realty Commercial, 407622-7772; Email: willow@cursorflorida. com; Web site: www.cursorflorida.com.
and Arby’s. Area demographics include a population of 202,363 within five miles earning $67,100 as the average household income. The asking rent is $19.50 psf. For more information, contact Pam Peterson, The Vaught Group, 5720 Nieman Road, Shawnee, KS 66203; 913-299-4402; Email: pam@vaughtgroup.com; Web site: www.vaughtgroup.com.
Pembroke Pines – Flamingo Market Place & Flamingo Corners, a 177,690 sq.ft. neighborhood center located at the intersection of Pembroke Road and Flamingo Road, has spaces from 1,200 sq.ft. to 7,492 sq.ft. available. Cotenants include Bravo, Subway, Pizza Hut, Cosmo Prof and Allstate. Area demographics include a population of 409,792 within five miles earning $81,589 as the average household income. For more information, contact Charles Hirsch, Milbrook Properties Ltd., 42 Bayview Avenue, Manhasset, NY 11030; 516-869-1240, Fax 516-869-8576; Email: chirsch@milbrookproperties.com; Web site: www.milbrookproperties.com. Satellite Beach – Atlantic Plaza, a 128,405 sq.ft. center located at the intersection of US Highway A1A and Scorpion Court, has spaces from 1,400 sq.ft. to 13,432 sq.ft. available. Cotenants include Publix, Dollar General, Subway, Ace Hardware, H&R Block and Starnet Cinemas. Area demographics include a population of 24,414 within three miles earning $85,499 as the average household income. The average daily traffic count is 25,000 vehicles. Venice – Venice Plaza, a 132,345 sq.ft. center located along Tamiami Trail, between Albee Farm Road and Bird Bay Drive, has spaces of 1,300 sq.ft. and 3,655 sq.ft. available. Cotenants include Sweetbay, T.J. Maxx, Family Dollar, Weight Watchers and Radio Shack. Area demographics include a population of 65,034 within five miles earning $66,413 as the average household income. For more information regarding Atlantic Plaza, contact Daniel Germano, Brixmor, 9101 International Drive, Suite 1600, Orlando, FL 32819; 407-903-2933; Email: daniel.germano@brixmor.com; Web site: www.brixmor.com. For more information regarding Venice Plaza, contact Josh Durigan, 407-903-7939; Email: josh. durigan@brixmor.com. Winter Springs – A 6,500 sq.ft. building, located at the intersection of Willa Springs Drive and Tuskawilla Road, has a space of 2,000 sq.ft. available. Area retailers include Kmart, Advance Auto Parts, Starbucks, Panera Bread, Hobby Lobby, Subway and Chick-Fil-A. Area demographics include a population of 66,831 within three miles earning $84,307 as the average household income. The average daily traffic count is 43,395 vehicles. Dealmakers Magazine | www.dealmakers.net
Illinois Crystal Lake – A 68,000 sq.ft. former grocery store is available along Northwest Highway. Area retailers include Big Lots, Sam’s Club, Target, Jewel-Osco, Dominick’s, Kmart, Home Depot, Kohl’s and Marshalls. Area demographics include a population of 127,426 within five miles earning $101,880 as the average household income. The average daily traffic count is 27,000 vehicles. For more information, contact Rich Kahan or Tony Kahan, KB Real Estate, Inc., 790 West Frontage Road, Suite 315, Northfield, IL 60093; 847-441-4425/4424; Email: rkahan@kbrealestate.com; Web site: www. kbrealestate.com. Highland Park – A 3,188 sq.ft. ground floor space, along with a basement, is available along Central Avenue in the North Shore trade area. Area retailers include Anthropologie, Paper Source, Spex, Free People and Enaz. Area demographics include a population of 107,891 within five miles earning $150,224 as the median household income. For more information, contact Jonathan Plotkin or Oliver Plotkin, Endurance Retail Partners, LLC, 350 West Hubbard Street, Suite 222, Chicago, IL 60654; 847-3432204/224-558-7430; Email: jplotkin@ enduranceretail.com; Web site: www. enduranceretail.com. Rosemont – A center located at the intersection of Touhy Avenue and Chestnut Street, has spaces of 1,275 sq.ft. and 1,540 sq.ft. available. Cotenants include Jimmy John’s, Naf Naf Grill and Trattoria Raccanto. Area demographics include a population of 322,474 within five miles earning $79,430 as the average household income. For more information, contact Ken Robberechts, Adam Secher or Allen Joffe, Baum Realty Group, 312-2753103/3130/3120; Email: ken@baumrealty. com; Web site: www.baumrealty.com.
Kansas Olathe – Ridgeview Falls, an 11,400 sq.ft. strip center located at the intersection of 119th Street and Ridgeview Road, has a former dentist office space of 1,704 sq.ft. available. Cotenants include HyVee, Asian Pearl Restaurant, Jack in the Box, Taco Bueno
Maryland Bethesda – A 1,291 sq.ft. street level space is available at the intersection of Wisconsin Avenue and Commerce Lane. Area retailers include Safeway, Morton’s Steakhouse, La Madeleine, Caribou Coffee, Daily Grill and Chipotle. Area demographics include a population of 143,111 within three miles earning $119,635 as the median household income. Rockville – Twinbrook Shopping Center, located along Veirs Mill Road, has spaces available. Cotenants include CVS, Twinbrook Deli, Cricket, Little Caesar’s, Dunkin’ Donuts and Dollar Zone Plus. Area demographics include a population of 316,652 within five miles earning $89,637 as the median household income. The average daily traffic count is 32,462 vehicles. For more information regarding the Bethesda property, contact Jared Meier or Nick Page, Streetsense, 240-479-7195/410218-2427; Email: jmeier@streetsense.com; Web site: www.streetsense.com. For more information regarding Twinbrook Shopping Center, contact Jared Meier, Nick Page or Rich Amsellem, 240-479-7216; Email: rich. amsellem@streetsense.com.
Massachusetts Newton – A 5,760 sq.ft. freestanding building is available along Needham Street. Area retailers include Panera Bread, Omaha Steaks, T.J. Maxx, Massage Envy, Starbucks, Marshalls, Radio Shack and Staples. Area demographics include a population of 84,295 within five miles earning $138,956 as the median household income. The average daily traffic count is 33,000 vehicles. Waltham – Waltham Crossing, located along Lexington Street, has a space of 2,644 sq.ft. available, along with a pad site of 2,508 sq.ft. Cotenants include Auto Zone and Dunkin’ Donuts. Area demographics include a population of 125,277 within three miles earning $91,668 as the median household income. The average daily traffic count is 25,600 vehicles. West Bridgewater – West Center Street, a 13,350 sq.ft. center (continued on page sixteen)
April 11, 2014 | Page 15
SPACE PLACE Massachusetts (continued from page fifteen)
located at the intersection of West Center Street and Lincoln Street, has spaces from 1,800 sq.ft. to 9,450 sq.ft. available. Area retailers include Lowe’s, Wendy’s, Chili’s, Dunkin’ Donuts, AT&T and Mansfield Bank. Area demographics include a population of 99,649 within five miles earning $68,277 as the median household income. The average daily traffic count is 26,200 vehicles. For more information, contact Adam Conviser or Jim Conviser, Conviser Property Group, 858 Washington Street, Suite 306, Dedham, MA 02026; 781-320-0600, Fax 781-791-4955; Email: adam@conviserpg. com; Web site: www.conviserpg.com.
New Jersey Bayonne – A 5,000 sq.ft. retail development site is available at the intersection of Broadway and 22nd Street. Area demographics include a population of 38,051 within one mile earning $58,553 as the average household income. River Edge – A retail development site is available at the intersection of Kinderkamack Road and Grand Avenue. Area demographics include a population of 16,000 within one mile earning $99,322 as the average household income. The average daily traffic count is 25,000 vehicles. For more information, contact Matthew Weiss or Jaime Weiss, Weiss Realty, 250 Moonachie Road, Moonachie, NJ 07074; 201-814-1800; Email: mweiss@jweissrealty. com; Web site: www.jweissrealty.com. Clifton – Clifton Avenue Shopping Center, located at the intersection of Clifton Avenue and Central Avenue, has two spaces of 1,500 sq.ft. available, along with a space of 7,000 sq.ft. Cotenants include Visionworks. Area demographics include a population of 684,924 within five miles earning $78,600 as the average household income. The asking rent is $20 psf NNN. Montville – Towaco Transit Center, a center located at the intersection of Jacksonville and Main Street, has spaces from 2,000 sq.ft. to 8,000 sq.ft. available. Area demographics include a population of 147,400 within five miles earning $121,035 as the average household income. The asking rent is $25 psf NNN. For more information, contact Frank LaSala, Northland Commercial, 1410 Valley Road, Wayne, NJ 07470; 973-696-1500, Fax 973-696-1428; Email: fjlrealty@aol.com. Flemington – The Shoppes at Flemington, a 115,000 sq.ft. lifestyle center located at the intersection of Route 202 and Route Page 16 | April 11, 2014
New Jersey
New York
31, has spaces from 1,800 sq.ft. to 11,500 sq.ft. available. Cotenants include Coldwater Creek, J. Jill, Talbots, Jos. A. Bank, The Children’s Place, Ann Taylor Loft, Five Below and Great Clips. Area demographics include a population of 34,704 within five miles earning $108,427 as the median household income. For more information, contact Amy Staats or Brian Katz, Katz & Associates, One Blue Hill Plaza, Suite 1440, Pearl River, NY 10965; 845-735-2297/6666; Email: amystaats@katz.com; Web site: www.katzassociates.com.
For more information regarding the Bronx property, contact Jeff Winick or Hal Shapiro, Winick Realty Group, LLC, 655 Third Avenue, 8th Floor, New York, NY 10017; 212-792-2623; Email: jeff@winick. com; Web site: www.winick.com. For more information regarding the New York property, contact Jeff Winick, Darrell Rubens or Lee Block, 212-792-2601/2616/2649; Email: rubens@winick.com.
North Brunswick – Brunswick Shopping Center, a 306,847 sq.ft. center located at the intersection of US Route 1 and Route 130, has spaces from 3,240 sq.ft. to 21,084 sq.ft. available. Cotenants include A&P Supermarket, LA Fitness, Dollar Tree, Rainbow and Muscle Maker Grill. Area demographics include a population of 266,939 within five miles earning $91,643 as the average household income. The average daily traffic count is 118,704 vehicles. For more information, contact Gloria Mercado, Levin Management Corp., PO Box 326, North Plainfield, NJ 07061; 908-7552401 Ext. 270; Email: gmercado@levinmgt.com.
New York Airmont – Walmart Shopping Center, a 160,000 sq.ft. center located along Route 59, has spaces of 1,600 sq.ft. and 4,500 sq.ft. available. Cotenants include Walmart, Shop Rite and Citibank. Area demographics include a population of 117,897 within five miles earning $121,566 as the average household income. The asking rent is $22.50 psf. For more information, contact Ron Fotiu, NAI James E. Hanson, 235 Moore Street, Hackensack, NJ 07601; 201-488-5800 Ext. 124; Email: rfotiu@naihanson.com; Web site: www.naihanson.com. Bronx – A 12,526 sq.ft. ground floor space is available at the intersection of Bruckner Boulevard and Willis Avenue. Area retailers include The Gallery Lounge, McDonald’s and Famous Deli. The average daily traffic count is 135,000 vehicles. New York – A 1,400 sq.ft. ground floor space, a 2,000 sq.ft. ground floor space, and a 2,000 sq.ft. lower level space, are available at the intersection of First Avenue and 61st Street. Area retailers include Bed Bath & Beyond, Starbucks, Duane Reade, Ricky’s, TD Bank, T.J. Maxx, Clearview Cinemas, Food Emporium and Sleepy’s. The average daily traffic count is 50,000 vehicles.
Bronx – Concourse Plaza, located at the intersection of East 161st Street and Morris Avenue, has junior anchor spaces from 15,200 sq.ft. to 42,700 sq.ft. available. Cotenants include Food Bazaar, CVS, Petland, GNC, Rent-A-Center and Radio Shack. Area demographics include a population of 1.28 million within three miles earning $45,377 as the average household income. Massapequa Park – A 2,700 sq.ft. space is available along Sunrise Highway. Area demographics include a population of 74,353 within two miles earning $112,350 as the average household income. The average daily traffic count is 60,000 vehicles. For more information regarding Concourse Plaza, contact Randall Briskin or Nicholas Forelli, The Feil Organization, 7 Penn Plaza, New York, NY 10001; 212-5636557 Ext. 218/275, Fax 212-563-6657; Email: rbriskin@feilorg.com; Web site: www.feilorg.com. For more information regarding the Massapequa Park, contact Nicholas Forelli; Email: nforelli@feilorg.com. Kingston – Ulster Commons, located along Ulster Avenue, has spaces available, along with pad sites. Area retailers include Staples, Burlington Coat Factory, JoAnn Fabrics, CVS, Taco Bell and Wendy’s. Area demographics include a population of 70,931 within seven miles earning $72,852 as the average household income. For more information, contact Scott Meshil or Craig Benson, Royal Properties, Inc., 850 Bronx River Road, Bronxville, NY 10708; 914-237-3404 Ext. 106/105, Fax 914-2370196; Email: craig@royalpropertiesinc.com; Web site: www.royalpropertiesinc.com. Wyandanch – Wyandanch Rising, located along Straight Path, has spaces from 1,100 sq.ft. to 12,000 sq.ft. available. Area retailers include CVS, Starbucks, Five Guys Famous Burgers & Fries, Dunkin’ Donuts, Subway and Chase Bank. Area demographics include a population of 259,213 within five miles earning $91,829 as the median household income. Dealmakers Magazine | www.dealmakers.net
SPACE PLACE New York
Tennessee
Tennessee
For more information, contact Stu Fagen, Douglas Bomzer, Edward Czarniak or Michael Kearney, Sabre Real Estate Group, LLC, 500 Old Country Road, Garden City, NY 11530; 516-874-8070 Ext. 503/509/511/ 507; Email: stu@sabreny.com; Web site: www.sabreny.com.
Murfreesboro – Broad Street Centre, a 210,000 sq.ft. center located at the intersection of Broad Street, Clark Boulevard and Brinkley Street, has spaces of 2,300 sq.ft. and 6,947 sq.ft. available. Cotenants include Kmart, Dollar Tree, Big Lots, Tuesday Morning, Hooters, Cato, Payless Shoe Source and Arby’s. Area demographics include a population of 123,673 within five miles earning $64,910 as the average household income. Tullahoma – Tullahoma Square, a 60,000 sq.ft. center located at the intersection of West Lincoln Street and Eddy
Street, has a 40,000 sq.ft. former Walmart available. Cotenants include Save-A-Lot, H&R Block and Miracle Ear. For more information, contact Tony Vita, Vita & Vita Realty Corp., 277 Fairfield Road, Fairfield, NJ 07004; 973-227-5233; Email: tony@vitarealtycorp.com.
Ohio Lyndhurst – May Sun Plaza, located along Mayfield Road, has a space of 3,702 sq.ft. available. Cotenants include Buffalo Wild Wings, David’s Bridal, Play it Again Sports and Laura Lee Salon. Area demographics include a population of 191,311 within five miles earning $81,489 as the average household income. For more information, contact Steve Passov, Passov Real Estate Group, 216-8318100; Email: spassov@passovgroup.com; or Amy Doroba, Kowit Real Estate, 216-5141400; Email: adoroba@kowitrealestate.com.
Texas Austin – North Lamar Retail Center, located at the intersection of Lamar Boulevard and (continued on page eighteen)
Pennsylvania Oaks – Market Place at Oaks, located at the intersection of Pottstown Pike and Mill Road, has spaces available, along with pad sites. Cotenants include BJ’s Wholesale, Target, Lowe’s, Regal Cinemas and The Dump. Area demographics include a population of 260,707 within seven miles earning $103,450 as the average household income. The average daily traffic count is 69,021 vehicles. For more information, contact Jim DePetris or Jack Corcoran, Legend Properties, Inc., 521 Plymouth Road, Suite 118, Plymouth Meeting, PA 19462; 610-941-4034, Fax 610941-4038; Email: jdepetris@lpre.com; Web site: www.lpre.com. Red Lion – Windsor Commons, a 156,274 sq.ft. center located at the intersection of Lombard Road and Cape Horn Road, has up to 7,200 sq.ft. of space available on an outparcel. Cotenants include Giant, The Shack, Dollar Tree, Sonic, Anytime Fitness, Pizza Hut, Subway, GNC, Great Clips, H&R Block and Dunkin’ Donuts. Area demographics include a population of 85,648 within five miles earning $72,946 as the average household income. For more information, contact Dave Nicholson or Joseph Deerin, LMS Commercial Real Estate, 120 North Pointe Boulevard, Suite 301, Lancaster, PA 17601; 717-569-9373, Fax 717-560-9909; Email: dnicholson@lms-pma.com; Web site: www.lms-pma.com. Dealmakers Magazine | www.dealmakers.net
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SPACE PLACE Texas (continued from page seventeen)
Airport Boulevard, has spaces from 750 sq.ft. to 7,000 sq.ft. available. Area retailers include H-E-B, Walgreens, CVS and Office Max. Area demographics include a population of 157,476 within three miles earning $60,898 as the average household income. The asking rent is $20 to $26 psf NNN. For more information, contact Cole Brodhead or Kevin Murphy, Retail Solutions, 512-474-5557; Email: cole@retailsolutions.us.
Virginia Alexandria – Shops at Bell Del Ray, located along East Monroe Avenue, has retail spaces from 1,000 sq.ft. to 3,485 sq.ft. available. Area retailers include Del Ray Pizzeria, Cheesetique, Fabulous Frocks, Giant, Target, Fire Flies, Osteria 1909 and Evening Star. Area demographics include a population of 25,295 within one mile earning $102,524 as the average household income. For more information, contact Nick Page or Jared Meier, Streetsense, 410-218-2427/240479-7195; Email: nick@streetsense.com; Web site: www.streetsense.com.
Virginia
Virginia
Ashburn – Village Center at Belmont Green, located along Piccadilly Plaza, has a space of 38,326 sq.ft. available. Area demographics include a population of 86,497 within three miles earning $168,534 as the average household income. Fairfax – A building located along Old Lee Highway, has retail spaces available. Area retailers include Home Depot, Staples, Advance Auto Parts and Bowl America. Area demographics include a population of 305,948 within five miles earning $145,097 as the average household income. For more information regarding Village Center at Belmont Green, contact Susan McGee, Divaris Real Estate, Inc., 11820 Parklawn Drive, Rockville, MD 20852; 301-231-4877 Ext. 28, Fax 301-321-5854; Email: smcgee@divaris.com; Web site: www.divaris.com. For more information regarding the Fairfax property, contact Joseph Farina or Brandon Howard, 301-6370957/2696; Email: jfarina@divaris.com.
Run Road, has spaces available. Cotenants include Max Fitness Center, Salud Natural Market, Havana Vintage and Beloved Yoga. Area demographics include a population of 128,032 within three miles earning $171,874 as the average household income. For more information, contact Leonard Pick, Renaud Consulting, 8605 Westwood Centre Drive, Suite 410, Vienna, VA 22182; 571-765-4424; Email: lpick@renaudconsulting.net; Web site: www.renaudconsulting.net.
Great Falls – Old Mill Market Square, a 19,690 sq.ft. center located at the intersection of Walker Road and Colvin
Richmond – Laburnum Station, located along Laburnum Avenue, has spaces available. Cotenants include Ashley Furniture, Mattress Discounters, GNC, Sweet Frog and Five Guys Famous Burgers & Fries. Area demographics include a population of 128,086 within five miles earning $48,059 as the average household income. For more information, contact Jeff Doxey, Harrison Hall or Peter Vick, NAI Eagle, 2250 Old Brick Road, Suite 240, Richmond, VA 23060; 804-217-6904/6903/6905; Email: jeffdoxey@naieagle.com; Web site: www.naieagle.com. DM
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LEVIN’S FEATURED OPPORTUNITIES NJ, NY, PA Commack NY
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3,569 SF End Cap for Restaurant Also Available just west of Sunken Meadow Parkway
• Mayfair Shopping Center offers one-stop shopping with a diverse range of national tenants including: Waldbaums, Gap, Rite Aid, New York & Company, Loft, Jos. A. Bank, Justice, Chico’s, Outback Steakhouse • Serves a densely populated market area with nearly 205,313 consumers within a 5-mile radius
Bedminster NJ
7,000 SF Former Restaurant Also Available
• Anchored by Kohl’s, Michaels Arts & Crafts, Boscov’s and Lowe’s Home Improvement, a shadow anchor • Strong mix of national, regional and local tenants including: CVS, Hallmark, Kay Jewelers, Littman Jewelers, Rue 21, Super Shoes, Dollar Tree, Amelia’s Grocery, Harbor Freight Tools
Eatontown NJ
The Hills Village Center
Eatontown Plaza
2,299 & 3,000 SF Retail Space Available
7,693 SF Divisible Retail Space Available
• 109,800 SF center situated on Highway 202/206 North, just north of
• 29,831 SF center situated across from Monmouth Mall at the intersection of Routes 35/36
• The Hills Village Center offers one-stop shopping with a diverse range
• Eatontown Plaza is a highly prominent and visible site with traffic counts of 47,000 on Route 36 and 37,000 on Route 35
2,265 & 2,595 SF Office Spaces on 2nd Floor Available Somerville Circle
of national tenants including: recently expanded Kings, Cold Stone Creamery, CVS, Hand & Stone, Starbucks, Panchero’s, LIberty Travel, PNC Bank
Levin provides the full range of services needed to successfully operate retail properties of every type. Recognized as one of America’s leading retail real estate services firms for more than six decades, we maintain a growing, 13 million-square-foot portfolio of existing and new development projects throughout the Northeast. Licensed Real Estate Broker.
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• Key tenants include Men’s Wearhouse, The Vitamin Shoppe, Leisure Fitness, Sprint
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