Reporting The Nation’s Weekly News on Retailing & Retail Real Estate Volume XXVIII No. XV
April 12, 2013
FEATURING supermarket Chains Expand Nationwide Save-A-Lot operates more than 1,300 locations nationwide throughout 36 states. The supermarkets occupy spaces of 10,000 sq.ft. to 20,000 sq.ft. in freestanding locations, strip and value centers, in addition to urban/downtown areas. Growth opportunities are sought nationwide during the coming 18 months. Typical leases run five years. A vanilla shell and specific improvements are required. Preferred cotenants include value retailers. Preferred demographics include a population of 30,000 within three miles earning $30,000 to $40,000 as the median household income. Major competitors include Aldi. A land area of two acres is required for freestanding locations. For more information, contact Save-A-Lot, 100 Corporate Office Drive, Earth City, MO 63045; 314-264-7854, Fax 314-264-7885; Email: realestate@savealot.com; Web site: www.save-a-lot.com. Basha’s, Inc. trades as AJ’s Fine Foods at 12 locations throughout AZ. The upscale gourmet markets, also featuring a wine and spirits section, occupy spaces of 28,000 sq.ft. in freestanding locations, strip centers and downtown areas. Growth opportunities are sought throughout the existing market during the coming 18 months. For more information, contact David Basha, Basha’s, Inc., PO Box 488, Chandler, AZ 85244; 480-895-9350, Fax 480-895-5340; Web site: www.ajsfinefoods.com.
C & K Market, Inc. trades as Ray’s Food Place, Shop Smart and C & K Market at 60 locations throughout CA and OR. The supermarkets occupy spaces of 20,000 sq.ft. to 46,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 20 years with two, five-year options. A vanilla shell is required. Preferred demographics include a population of 20,000 within five miles. Major competitors include Safeway. For more information, contact Kevin Crumley, C & K Market, Inc., 615 Fifth Street, Brookings, OR 97415; 541-469-3113, Fax 541-469-6717; Web site: www.ckmarket.com. Dahl’s Foods operates 13 locations throughout IA. The supermarkets, featuring deli, bakery, meat and floral departments, occupy spaces of 55,000 sq.ft. to 75,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. The company prefers build-to-suits. For more information, contact David Sinnwell, Dahl’s Foods, 4343 Merle Hayroad, Des Moines, IA 50310; 515-278-1657, Fax 515-278-0012; Email: davidsinnwell@dahlsfoods.com; Web site: www.dahlsfoods.com. (continued on page seven)
This issue contains information on: • Retailers operating 37,900 locations with plans to open 1,748 sites • Real estate valued in excess of $115 million to be bought, sold & financed • Leasing activity on over 2.2 million sq.ft. of retail properties s Postmaster: Periodical New nt a te rt di Impo se Expe Plea
national focus New Construction Franklin Street Real Estate expands Publix anchored center in FL........................................... Pg. 3 Buyers & Sellers Cohen Real Estate closes sale of a shopping center in Fayetteville, NC............................................. Pg. 4 Who’s Opening & Where rue21 plans to open 125 fashion stores.......................................... Pg. 5 J. Crew anticipates 46 store openings this year....................... Pg. 5 Food Chains Expand Penn Station to open 45 units and enter five states.................... Pg. 6 Making the News CBRE Raleigh taps vp of retail..... Pg. 7 Exclusives Colliers International reps restaurant chains in the Mid Atlantic region............................ Pg. 8 Sources of Financing Casto lands $46 million financing deal for a shopping center in FL Pg. 8 Lease Signings Breslin Realty negotiates Walmart Neighborhood Market lease in NY............................................. Pg. 8 Lead Sheet Tuffy Auto Service Centers to enter MN and TX........................ Pg. 9 Micro Center to go national........ Pg. 10 Hy-Vee Drugstores to enter IL, KS, MN, MO, SD and WI........... Pg. 11 Massage Envy takes Manhattan.... Pg. 12 Space Place................................ Pg. 14
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new construction Realty Link is preleasing a one-million sq.ft. mixed-use center situated on 42 acres at the intersection of Interstate 26 and Interstate 526 in North Charleston, SC. Area retail includes Walmart, Sam’s Club, Ashley Furniture, Staples and Tanger Outlets. Area demographics include a population of 324,286 within a 10-mile radius earning $56,507 as the average household income. The average daily traffic count is 80,200 vehicles. For more information, contact Charles Fitzhenry, Realty Link., 4975 Centre Pointe Drive, Building 300, North Charleston, SC
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 Director of Business Development Brenda Buchanan • brenda@dealmakers.net Sales Executive Jacqueline Pelicano • jp@dealmakers.net Customer Service Kelly Hancarik • custserv@dealmakers.net Co-Founder Ted Kraus • 1979–2007
The DealmakersTM (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 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 2013 by TKO Real Estate Advisory Group Inc. 609-587-6200, fax 609-587-3511.
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29418; 843-769-6065, Fax 843-769-9476; Email: cfitzhenry@realtylinkdev.com; Web site: www.realtylinkdev.com. WiRED Properties, LLC is redeveloping Mequon Town Center, a mixed-use center development located at the intersection of Mequon Road and Cedarburg Road in Milwaukee, WI. Plans call for 28,500 sq.ft. of retail space spread amongst four buildings, two of which will contain 40 to 50 apartments and restaurant space. For more information, contact WiRED Properties, LLC, 4526 North Oakland Avenue Whitefish Bay, WI 53211; 414375-0244, Fax 888-877-9672; Web site: www.wiredproperties.com. Warren Norman Co., Inc. is preleasing Oldtown East, a 48,000 sq.ft. mixed-use site located at the intersection of Main Street and Elizabeth Lane in Rock Hill, SC. First floor retail storefronts are available and the upper two levels will house offices. For more information, contact Warren Norman Co., Inc., PO Box 36518, 2685 Celanese Road, Suite 123, Rock Hill, SC 29732; Web site: www.warrennorman.com. Mid-America Real Estate-Wisconsin, LLC is preleasing the redevelopment of Midtown Center, a 454,000 sq.ft. shopping center situated on 56 acres at the intersection of North 60th Street and West Capitol Drive in Milwaukee, WI. For more information, contact MidAmerica Real Estate Wisconsin, LLC, 648 N. Plankinton Avenue, Suite 264, Milwaukee, WI 53203; 414-273-4600, Fax 414-2734605; Web site: www.midamericagrp.com. Franklin Street Real Estate is preleasing phase two of a shopping center located at the intersection County Route 532 and Lake Wilson Road in Davenport, FL. Publix anchors the center and cotenants include Anytime Fitness, Wells Fargo, McDonald’s, Subway, Hair Cuttery, Papa John’s, Subway, Dryclean USA, Verizon Wireless and Nail Care & Spa. The expansion will entail a mixed-use site with retail, office and a hotel, as well as a residential component. Area draws include Reunion Golf Resort. Area demographics include a population of 30,987 within a five-mile radius earning an average household income of $78,022. For more information, contact Brian Bern or Ryan Derriman, Franklin Street Real Estate, 500 North Westshore Boulevard, Suite 750, Tampa, FL 33609; 813-658-3343/3359, Fax 813-839-7330; Emails: brian.bern@fsfp.com and ryan.derriman@fsfp.com; Web site: www.fsfp.com.
Legend Properties, Inc. is preleasing a proposed 7,800 sq.ft. building, along with a 3,500 sq.ft. pad site with a drive-thru, situated on two acres at the intersection of Route 422 and North Monocacy Creek Road in Douglassville, PA. Area retail includes Ace Hardware, CVS, Wawa, McDonald’s, Subway, U.S. Postal Service, and Douglass Shopping Center, featuring Redner’s. Area demographics include a population of 37,741 within a five-mile radius earning $68,323 as the median household income. The average daily traffic count is 24,000 vehicles. For more information, contact David DePetris or Tim McLaughlin, Legend Properties, Inc., 521 Plymouth Road, Suite 118, Plymouth Meeting, PA 19462; 610-941-4034 or 610-868-6720; Emails: ddepetris@lpre.com and tmclaughlin@lpre.com. CPEX Real Estate is preleasing a parcel that can accommodate a building up to 23,700 sq.ft. along Stapleton between Wave Street and Baltic Street in Staten Island, NY. Area retail includes McDonald’s, Western Beef, Rite Aid, AutoZone, CitiBank, Northfield Bank, Chase Bank, CVS, Subway, Dunkin’ Donuts and T-Mobile. The site is situated near the Staten Island Railway and the Staten Island Ferry. For more information, contact Ryan P. Condren or Kristina M. Triglia, CPEX Real Estate, 81 Willoughby Street, 8th Floor, Brooklyn, NY 11201; 718-6874212/4206, Fax 718-935-1822; Emails: rcondren@cpexre.com and ktriglia@cpexre.com; Web site: www.cpexre.com. CAC Realty, on behalf of the Ainbinder Co., is preleasing Ambassador Crossing, a 93,888 sq.ft. shopping center situated on 10 acres and located at the intersection of Ambassador Caffery Parkway and Settlers Trace Boulevard in Lafayette, LA. Whole Foods will anchor the center. Area retail includes Super Target, Stage, Ross Dress for Less, Books-A-Million, Albertsons, Cost Plus World Market, DSW, Kohl’s, Ulta and Petco. Area demographics include a population of 224,017 residing within 10 miles and earning $68,221 as the average household income. The average daily traffic count exceeds 47,000 vehicles. For more information, contact Chris Campion, CAC Realty; 713-892-5600; Email: D chris@cacrealty.com. M
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buyers and sellers Cohen Real Estate negotiated the sale of Westside Village Shopping Center, a 255,111 sq.ft. center located in Fayetteville, NC. At the time of sale, Walmart Supercenter shadow-anchored the property and tenants included Dollar Tree, Cato’s and Sally Beauty Supply. The company represented the buyer and the seller in the transaction. The company is also selling Alex Bell Plaza, a 76,693 sq.ft. shopping center situated on 7.56 acres along Springboro Pike in Moraine, OH. Family Dollar and Rent-A-Center anchor the center and Kroger shadow-anchors the property. Area demographics include a population of 77,042 within five miles earning $50,099 as the average household income. The average daily traffic count is 23,969 vehicles. The NOI is $518,034. The asking price is $5.8 million. For more information regarding Westside Village Shopping Center, contact Helen Putterman or Ric Kaiser, Cohen Real Estate, 9 East 40th Street, New York, NY 10016; 212-803-5776/5777, Fax 212-679-1533; Emails: putterman@cohenco.com and kaiser@cohenco.com; Web site: www.cohenco.com. For more information regarding Alex Bell Plaza, contact Michael Cleeman; 212-803-5785; Email: cleeman@cohenco.com. Moody Rambin Interests is selling Pinemont Commons, a 13,680 sq.ft. center situated on 1.178 acres along Pinemont Drive in Houston, TX. The asking price is $550,000 and the project is 100% vacant. For more information, contact Brent Fredricks, Moody Rambin Interests, 1455 West Loop South, Suite 700, Houston, TX 77027; 713-773-5500; Web site: www.moodyrambin.com.
ARC Properties sold an hhgregg in Chicago, IL, bound to a 10-year lease, and a CVS in Washington, DC, bound to a 25-year lease, as well as a 7-Eleven located in Fredericksburg, VA, bound to a 20-year lease. The company is also looking to acquire hhgregg properties with a minimum of 15-years lease terms and priced at $1 million or more, as well as 7-Eleven properties throughout New York, NY and Washington, DC located at signalized intersections. For more information, contact Steve Maloy or James Steuterman, ARC Properties; 917885-9741/973-249-1000, Fax 973-2491001; Emails: stevem@arcproperties.com and jsteuterman@arcproperties.com; Web site: www.arcproperties.com. Yale Macon, LLC, an affiliate of Yale Realty Services Corp., negotiated the sale of Walnut Creek Plaza located in Macon, GA. At the time of sale, a 154,000 sq.ft. Walmart Supercenter shadow-anchored the center and tenants included Dollar Tree, Rainbow, Cato, Hibbett Sports and Payless ShoeSource. The seller was Rivercrest Realty Investors. For more information, contact Paul Monaco, Yale Realty Services Corp., 10 New King Street, Suite 102, White Plains, NY 10604; 914-289-0100, Fax 914-289-0101; Email: pmonaco@yalerealtyservices.com. LBG Realty Advisors, LLC acquired a Home Depot, as well as a 6,000 sq.ft. pad site at Sunset Plaza, a 265,000 sq.ft. shopping center located along Sunset Road in Henderson, NV. For more information, contact Leslie Lundin, LBG Realty Advisors, LLC; 925-2541724; Email: llundin@lbgfunds.com; Web site: www.lbgfunds.com.
Stan Johnson Co. is selling an Aldi located at the intersection of Library Road/Route 88 and Broughton Road in Bethel Park, PA. The tenant is bound to a NNN lease with 12.5 years remaining on the initial term and featuring 5% rent escalations every five years. Area demographics include a population of 233,000 within five miles earning $78,000 as the average household income. The asking price is $3.57 million with a Cap rate of 6.25%. For more information, contact Stan Johnson, Stan Johnson Co., Two Warren Place, 6120 South Yale Avenue, Suite 813, Tulsa, OK 74136; Email: sjclistings@stanjohnsonco.com. Rockwood Real Estate Advisors, LLC is selling Village Mall, a 469,347 sq.ft. enclosed mall located along North Vermilion Street in Danville, IL. County Market anchors the center and cotenants include Carson’s, AMC Theatres, Dunham’s Sporting Goods and Ross Dress for Less. For more information, contact Thomas Dobrowski, Rockwood Real Estate Advisors, LLC, 555 Fifth Avenue, Fifth Floor, New York, NY 10017; 212-871-7725; Email: tdobrowski@rockwoodrea.com. Lee & Associates|Charleston negotiated the sale of a former Regions Bank located along Savannah Highway in Charleston, SC. The company represented the seller and Bailey & Associates represented the buyer in the transaction. For more information, contact Lindsey Halter, Lee & Associates|Commercial Real Estate Services, 126 Seven Farms Drive, Suite 110, Charleston, SC 29492; 843-277-4322, Fax 843-747-1070; Email: lhalter@lee-associates.com; Web site: www.lee-associates.com. Sterling Organization, on behalf of a client, is seeking to acquire strip and power centers nationwide in primary markets. Suitable properties are priced at $10 million or more. For more information, contact Michael J. Horne, Sterling Organization, 700 Commerce Drive, Suite 500, Oak Brook, IL 60523; 630-581-4057, Fax 630-288-2482; Email: mhorne@sterlingorganization.com; Web site: www.sterlingorganization.com.
Rockwood Real Estate Advisors, LLC is selling Village Mall, a 469,347 sq.ft. enclosed mall in Danville, IL. Page 4 | April 12, 2013
Calkain Cos., on behalf of a client, is seeking to acquire 7-Eleven properties nationwide. Suitable properties include tenants bound to a NNN lease with 15 years remaining on the initial term. For more information, contact Rick Fernandez, Calkain Cos., 11150 Sunset Hills Road, Suite 300, Reston, VA 20190; 703787-4732. DM Dealmakers Magazine | www.dealmakers.net
who’s opening and where Nordstrom, Inc. (206-628-2111) plans to open a 35,000 sq.ft. Nordstrom Rack store in a former Circuit City at University Town Center, located along Cooper Creek Boulevard in Bradenton, FL and will join Marshalls, Ross Dress for Less, Shoe Carnival and Pier 1 Imports at the center. The company is also planning to open a Nordstrom Rack store in Jacksonville, FL during the fall. The company, offering apparel, accessories and footwear for men, women and children, currently operates throughout 44 countries and 31 states nationwide, including 117 full-line stores, 121 Nordstrom Rack locations, two Jeffrey boutiques and one clearance store. Hennes & Mauritz AB (212-564-9922) is opening a 23,000 sq.ft. H&M store at the Streets of SouthGlenn in Centennial, CO during November. The company is also opening a 19,000 sq.ft. H&M store in a former Tommy Bahama at CityPlace in West Palm Beach, FL during the fall. The company, offering apparel, footwear and accessories for men, women and children, currently operates 2,800 locations throughout 48 markets worldwide, including 269 stores throughout the U.S. Academy Sports + Outdoors (888-9222336) is planning to open a store in a former Schnucks in Collierville, TN. It will be the company’s eighth location in the state. The company, offering hunting, fishing and camping equipment, as well as sports products, footwear and apparel, currently operates 150 locations throughout 13 states nationwide. Aldi, Inc. (630-879-8100) is planning to open a 16,700 sq.ft. Aldi supermarket along East Genesee Street in DeWitt, NY during the summer. Area retailers include Wegmans. The company, offering discounted food and drink items, currently operates more than 1,000 locations throughout 31 states nationwide and internationally.
Smoothie King Franchises, Inc. (985-6356973) is planning to open 70 franchise locations and 30 corporate locations nationwide during this year. The chain is also slated to open 50 Smoothie King stores internationally, including 40 in South Korea and 10 shops in Singapore. The company, offering smoothies, energy bars, snack items and vitamin supplements, currently operates more than 600 locations throughout 32 states nationwide, as well as the Caymans, Singapore and the Republic of Korea. LUSH North America (888-733-5874) is planning to open a LUSH Fresh Homemade Cosmetics store at St. Johns Town Center, located along River City Drive in Jacksonville, FL. The company, offering bath products, beauty items, as well as hair and skin care products, currently operates more than 150 locations throughout the U.S. rue21, Inc. (724-776-9780) is planning to open 125 rue21 stores this year, which is part of a long term plan to grow the chain to more than 1,700 locations throughout the U.S. The company, offering apparel, footwear and accessories for women, currently operates 900 locations throughout 47 states nationwide. Ann, Inc. (212-541-3300) is planning to open a new concept store at Somerset Collection in Troy, MI during June. The company, currently operating at 981 locations and offering women’s apparel and accessories, trades as Ann Taylor, Loft, Ann Taylor Factory Store and Loft Outlet. Whole Foods Market, Inc. (512-477-4455) is planning to open a Whole Foods supermarket at the site of a former A&P store off of Boston Port Road in Port Chester, NY during the fall. The company, offering organic and natural food items, currently operates 340 locations throughout 39 states nationwide, as well as the UK and Canada.
TJX Cos., Inc. (508-390-1000) is planning to open 13 Marshalls stores throughout Canada this year, including a store at Hamilton’s Centre Mall in Hamilton, Ontario, Canada and will be the company’s second location in the city. The company trades as T.J. Maxx, Marshalls, HomeGoods and A.J. Wright.
Zoe’s Kitchen (205-714-3799) is planning to open three fast-casual restaurants in the greater Philadelphia, PA area during a threemonth period from April to June, including locations along Route 73 South in Marlton, NJ, along North Sycamore Street in Newtown, PA and along West Lancaster Avenue in Bryn Mawr, PA.
Togo’s Franchised Eateries, LLC (408-2806569) is planning to open 15 to 25 Togo’s restaurants throughout CO during the next several years. The company, offering sandwiches and wraps, currently operates 245 locations throughout the west coast.
The Children’s Place (877-522-3872) is opening a store at Pembroke Mall in Hampton Roads, VA during June. The company offers children’s clothing and accessories and will join Bahama Breeze, Old Navy, Off Broadway Shoe Warehouse and Target.
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Wegmans Food Markets, Inc. (585-328-2550) is planning to open a Wegmans supermarket at Landmark Center, located at the intersection of Boylston Street and Brookline Avenue in the Fenway neighborhood of Boston, MA. The company is also slated to open a 70,000 sq.ft. location in Chestnut Hill, MA. The company currently operates 81 locations throughout six states. Orange Leaf Frozen Yogurt (888-883-1004) is planning to open a yogurt shop near the intersection of U.S. 41 and Immokalee Road in North Naples, FL. The company, offering frozen yogurts and shakes, currently operates more than 200 locations nationwide and internationally. 7-Eleven, Inc. (972-828-0711) is planning to open 7-Eleven stores throughout FL and TX during this year. The company, offering food and beverage items, as well as cleaning products, currently operate 10,000 locations nationwide, as well as 50,000 locations internationally. DTRL, Inc. (877-235-8425) is slated to open a DTLR store along City Station Drive in North Jacksonville, FL. The company, offering apparel and footwear for customers aged 15 to 30 years, currently operates 80 locations throughout AL, GA, IL, IN, MD, MO, NC, NJ, NY, SC, VA and Washington, DC. Daily Juice Group, LLC (512-380-9046) is planning to open Daily Juice shops in Dallas and Houston, TX this year. The company, offering health food items and beverages, currently operates four locations throughout Austin, TX. Mattress Firm, Inc. (713-923-1090) is planning to open three Mattress Firm stores in Spokane, WA this year. The company, offering bedding accessories, currently operates 1,000 locations throughout 28 states nationwide. IKEA (610-834-0180) is planning to open a 415,575 sq.ft. store in Stoughton, MA during fall 2014. The company offers home furnishings and décor. J. Crew Group, Inc. (800-562-0258) is planning to open 46 J.Crew stores this year. 2nd & Charles (302-475-24290 is opening a store in a former Barnes & Noble at Harrisburg Mall in Harrisburg, PA. It will be D the company’s first location in the state. M
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food chains expand nationwide Penn Station, Inc. trades as Penn Station East Coast Subs at 258 locations throughout IL, IN, KS, KY, MI, MO, NC, OH, PA, SC, TN, VA and WI. The sub shops occupy spaces of 1,500 sq.ft. to 1,800 sq.ft. in power and strip centers. Plans call for 45 openings throughout the existing markets, in addition to entering AL, AR, GA, IA and WV during the coming 18 months. Typical leases run five years with options. Preferred cotenants include GameStop, Five Guys Famous Burgers and Fries and Chipotle. Preferred demographics include a population of 65,000 within a three-mile radius earning $50,000 as the average household income. For more information, contact Mark Partusch, Penn Station, Inc., 1226 U.S. Highway 50, Milford, OH 45150; 513474-5957, Fax 513-474-7116; Email: realestate@penn-station.com; Web site: www.penn-station.com. Kernels Popcorn, Ltd. trades as Kernels Extraordinary Popcorn at 67 locations throughout northeastern Canada. The chain of specialty shops occupies spaces of 150 sq.ft. to 500 sq.ft. in regional malls. Growth opportunities are sought throughout the northeastern region of the U.S., as well as in Canada, during the coming 18 months. Typical leases run 10 years. Preferred demographics include a population of 100,000 within a five-mile radius earning $35,000 as the average household income. The company is franchising. For more information, contact Scott Staiman, Kernels Popcorn, Ltd., 40 Eglinton Avenue East, Suite 250, Toronto, Ontario, Canada M4P 3A2; 416-4874194, Fax 416-487-3920; Web site: www.kernelspopcorn.com.
Searsucker Restaurant operates one location in San Diego, CA. The restaurant, offering American cuisine and craft beer, occupies spaces of 6,500 sq.ft. to 8,000 sq.ft. in street fronts. Growth opportunities are sought nationwide, with a focus on CA, FL, NY and TX during the coming 18 months, with representation by Townsend & Associates, Inc. Burlap Restaurant operates one location in Del Mar, CA. The restaurant occupies spaces of 6,500 sq.ft. to 8,000 sq.ft. in street fronts. Growth opportunities are sought nationwide, with a focus on CA, FL, NY and TX during the coming 18 months, with representation by Townsend & Associates, Inc. For more information, contact Michael Rielly, Townsend & Associates, Inc., 1460 Fourth Street, Suite 306, Santa Monica, CA 90401; 310-286-9945; Email: mreilly@townsendassociates.com; Web site: www.townsendassociates.com. Panera Bread operates 1,652 locations nationwide. The restaurants, offering sandwiches, soups, salads and freshly baked goods, occupy various size spaces in power centers or pad sites. Growth opportunities are sought throughout MD and Washington, DC during the coming 18 months, with representation by Colliers International. The company prefers locations with outdoor seating and high pedestrian traffic counts. For more information, contact Scott Thiell or Roger Carlson, Colliers International, 1000 Wisconsin Avenue, Northwest, Suite 200, Washington, DC 2000; 202-7421101/1102; Emails: scott.thiell@colliers.com and roger.carlson@colliers.com; Web site: www.colliers.com.
Panera Bread is seeking growth opportunities throughout Maryland and Washington, DC during the coming 18 months. Page 6 | April 12, 2013
Focus Brands trades as Moe’s Southwestern Grill at 488 locations nationwide and internationally. The restaurants, offering tacos, burritos, fajitas, and nachos, as well as dessert items, occupy spaces of 2,200 sq.ft. to 2,800 sq.ft. in power, strip, specialty and mixed-use centers, as well as regional malls and freestanding locations. Growth opportunities are sought throughout the Midwest, northeast, southeast and midAtlantic regions of the U.S. during the coming 18 months. Typical leases run 10 years. A vanilla shell and specific improvements are required. Preferred demographics include a population of 30,000 within a two mile radius earning $55,000 as the average household income. Major competitors include Baja Fresh, Chipotle, Qdoba, Salsaritas, California Tortilla and Lime Fresh Mexican Grill. For more information, contact Phil Russo, Focus Brands, 200 Glenridge Point Parkway, Suite 200, Atlanta, GA 30342; 330-725-2358, Fax 888-704-4106; Email: prusso@focusbrands.com; Web site: www.moes.com. Great American Restaurant trades as Artie’s, Best Buns Bread Co. and Carlyle at 12 locations throughout northern VA. The restaurants occupy spaces of 10,000 sq.ft. to 11,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout Washington, DC during the coming 18 months. For more information, contact Jon Norton, Great American Restaurants, 3066 Gatehouse Plaza, Falls Church, VA 22042; 703-6450700; Email: gar@greatamericanrest.com; Web site: www.greatamericanrestaurants.com. Moose, Inc. trades as Moose McGillycuddy’s and Fred’s Mexican Café at 10 locations throughout CA and HI. The restaurants occupy spaces of 6,000 sq.ft. to 10,000 sq.ft. in tourist centers. Growth opportunities for Fred’s Mexican Café are sought throughout the coastal areas of CA and HI during the coming 18 months. Typical leases run 20 years. For more information, contact George Watson, Moose, Inc., 844 Front Street, Lahaina, HI 96761; 808-667-7758, Fax 808667-5168; Email: geowatme@aol.com. Yum Yum Donuts, Inc. trades as Yum Yum Donut Shops, East Coast Bagel and Winchell’s at 229 locations throughout CA, CO, KS, NE, NV, OK, OR and WA. The restaurants occupy spaces of 1,500 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout southern CA during the coming 18 months. Typical leases run 10 to 20 years. For more information, contact Lincoln Watase, Yum Yum Donuts, Inc., 18830 East San Jose Avenue, City of Industry, CA 91748; 626-964-1478, Fax 626-912-2779. DM Dealmakers Magazine | www.dealmakers.net
supermarket chains expand nationwide (continued from page one)
Hy-Vee, Inc. trades as Hy-Vee Food Stores at 214 locations throughout IA, IL, KS, MN, MO, NE, SD and WI. The supermarkets occupy spaces of 35,000 sq.ft. to 90,000 sq.ft. in freestanding locations and lifestyle, power, specialty and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 20 years. For more information, contact Pete Hosch, Hy-Vee, Inc., 5820 Westown Parkway, West Des Moines, IA 50266; 515-327-2147, Fax 515-267-2967; Web site: www.hy-vee.com. Redner’s Markets, Inc. trades as Redner’s Markets at 60 locations throughout DE, MD and eastern PA. The supermarkets, offering deli, meat, bakery and produce departments, occupy spaces of 50,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. For more information, contact Diane Herr, Redner’s Markets, Inc., 3 Quarry Road, Reading, PA 19605; 610-9263700, Fax 610-926-6327; Web site: www.rednersmarkets.com.
Save-A-Lot operates more than 1,300 locations nationwide throughout 36 states. The supermarkets occupy spaces of 8,000 sq.ft. to 18,000 sq.ft. in various retail settings. Growth opportunities are sought throughout NJ and Brooklyn, Bronx and Queens, NY during the coming 18 months, with representation by Sabre Real Estate Group, LLC. Preferred demographics include a trade area population of 50,000 earning up to $40,000 as the median household income. Trader Joe’s operates 400 locations nationwide. The specialty grocery stores occupy spaces of 14,000 sq.ft. in various retail settings. Growth opportunities are sought throughout Long Island, NY during the coming 18 months, with representation by Sabre Real Estate Group, LLC. For more information regarding Save-ALot, contact Scott Sher, Sabre Real Estate Group, LLC, 500 Old Country Road, Suite 209, Garden City, NY 11530; 516-8748070 Ext. 514; Email: scott@sabreny.com; Web sites: www.sabreny.com and www.traderjoes.com. For more information regarding Trader Joe’s, contact Beth Lamport or Douglas Bomzer, Ext. 508/509; Emails: beth@sabreny.com and douglas@sabreny.com.
Market Basket Food Stores operates 21 locations throughout NC. The supermarkets occupy spaces of 12,000 sq.ft. to 27,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run five years with two, five-year options. For more information, contact R.D. Hunt, Market Basket Food Stores, 395 Third Avenue Southwest, Taylorsville, NC 28681; 828-6329230, Fax 828-632-0836. AB Supermarket trades as Key Food Marketplace at two locations in NY. The supermarkets, featuring seafood, meat, deli and produce departments, occupy spaces of 21,100 sq.ft. in strip centers. Growth opportunities are sought throughout Brooklyn, NY during the coming 18 months. For more information, contact Anthony Bileddo, AB Supermarket, 153rd and 7th Street, Garden City, NY 11530; 516742-2713, Fax 516-739-8343; Email: abileddo@keyfoodmarketplace.com. DM
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real estate professionals making the news CBRE|Raleigh (919-831-8200) hired Charlie Coyne as senior vice president and principal of retail services for the company’s midsouth region. In his new role, Coyne will oversee a team of 20 brokers. Prior to his new position, Coyne served at ERT Property Co. The company specializes in property leasing and sales, corporate, property, facilities and property management, mortgage banking, appraisal and leasing, investment management, research and consulting services. SRS Real Estate (214-560-3215) hired Lorna Donahue as senior lease administrator in the company’s Dallas, TX office. In her new role, Donahue will act as the key point-ofcontact for the firm’s clients and maintain the real estate administration database. Prior to joining the company, Donahue served at Fischer & Co. as a lease administrator. The company, headquartered in Dallas, TX, specializes in brokerage services, corporate services, development services, investment services and management services. Dealmakers Magazine | www.dealmakers.net
CBRE Group, Inc. (602-735-1782) hired Jim Sellers as senior vice president of the company’s capital markets debt and equity finance group. Prior to joining the company, Sellers served as president and sole share holder of Heritage Advisory Corp. The company, headquartered in Los Angeles, CA, specializes in property sales and leasing; corporate services; facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Lee & Associates (248-567-8000) promoted Brian True from senior associate to principal. Prior to joining the company, True served as vice president in the tenant representation group at Jones Lang LaSalle. LANE4 Property Group (816-960-1444) hired Michael Berenbom as investment director. Prior to joining the company, Berendom served as vice president of asset management at Lincoln Property Co. The company specializes in project leasing,
tenant representation, development and property management of retail, office, hospitality and mixed-use projects throughout the Midwest. S.L. Nusbaum Realty Co. (757-282-6505) announced that Neal Sadler has been appointed International Council of Shopping Centers South VA Next Generation Chair. Sadler has served as a leasing associate with the company since 2012. The firm manages, develops and provides brokerage services to shopping center projects, apartment communities, office and industrial properties throughout FL, NC, SC and VA. Kidder Mathews (206-296-9600) hired John Chang as vice president of the firm’s San Francisco, CA office. In his new role, Chang will specialize in investment sales and offer advisory, brokerage and property management services to China-based companies looking to invest in the U.S. The company is one of the largest independently owned commercial real estate firms located D on the west coast. M April 12, 2013 | Page 7
exclusives and leasing assignments Colliers International (202-742-1101) is representing Genghis Grill with its expansion plans throughout MD and VA utilizing spaces of 4,000 sq.ft. to 4,500 sq.ft. in endcaps of shopping centers or freestanding locations. The company is also representing Dunkin’ Donuts with its expansion plans throughout the metropolitan Washington, DC area utilizing spaces of 1,000 sq.ft. to 2,000 sq.ft. in endcaps of shopping centers and freestanding locations for suburban areas and in spaces of 500 sq.ft. to 1,500 sq.ft. for urban areas. Preferred traffic counts include 20,000 vehicles. The company is also representing BJ’s Restaurants with its expansion plans throughout Baltimore, MD and Washington, DC. The restaurants occupy spaces of 8,000 sq.ft. in endcaps of shopping centers or freestanding locations. Sax Realty, Inc. (240-497-1192) is representing Romano’s Macaroni Grill with its expansion plans throughout MD, northern D VA and Washington, DC. M
sources of financing Cronheim Mortgage negotiated $48.5 million in financing for a 119,272 sq.ft. lifestyle shopping center located in Woodcliff Lake, NJ. The 10-year loan features a five-year interest period and a 30-year amortization period. The company, headquartered in Chatham, NJ, specializes in debt and equity for investment grade real estate. For more information, contact Andrew Stewart or Devyani Morris, Cronheim Mortgage, 205 Main Street, PO Box 807, Chatham, NJ 07928; 973-635-6800; Emails: andrew.stewart@cronheimmortgage.com and dev.morris@cronheimmortgage.com.; Web site: www.cronheimmortgage.com. CASTO, along with The St. Joe Co., U.S. Bank Commercial Real Estate and Strategic Retail Advisors, negotiated $46 million in financing for The Pier Park North Shopping Center, a 360,000 sq.ft. shopping center located along U.S. Highway 98 near State Road 78 in Panama City Beach, FL. The company specializes in ownership, management, acquisition and development of commercial shopping centers and multi-family residences, office buildings and corporate parks. For more information, contact Sarah Benson, CASTO, 191 West Nationwide Boulevard, Suite 200, Columbus, OH 43215; 614-744-3410, Fax 614-221-3313. DM Page 8 | April 12, 2013
lease signings Brixmor Property Group (646-344-8670) negotiated the following leases: with Dress Barn for a 7,580 sq.ft. store at North Dover Shopping Center, located at the intersection of North Dupont Highway/Route 13 and College Road in Dover, DE, with Fameco Real Estate representing the tenant in the transaction; with Pro Martial Arts at Pilgrim Gardens, located at the intersection of Township Line Road/Route 1 and Warrior Road in Drexel Hill, PA; with Tuesday Morning for a 10,000 sq.ft. store at Crossroads Centre, located at the intersection of Lincoln Trail Road and Commons Lane in Fairview Heights, IL, with Pace Properties representing the tenant in the transaction; with Books-A-Million for a 28,000 sq.ft. store at Arapahoe Crossings, located at the intersection of South Parker Road and East Arapahoe Road in Aurora, CO; with Snow Corner for 1,400 sq.ft. at Shops of Lake Tuscaloosa, located at the intersection of County Road 87 and Rice Mine Road in Tuscaloosa, AL; with Boost Mobile for 993 sq.ft. at The Vineyards, located at the intersection of Som Center Road/Highway 91 and Vine Street in Eastlake, OH; with R Pets for 7,909 sq.ft. at Market Place, located at the intersection of Covington Avenue/ Route 36 and Sunset Boulevard in Piqua, OH; with Victory Smiles for 2,400 sq.ft. at Inwood Forest in Houston, TX, with Realty Associates representing the tenant in the transaction; with Genghis Grill for a 5,023 sq.ft. restaurant and with Kitty San Diego for 1,504 sq.ft. at Mira Mesa Mall in San Diego, CA, with SierraUS West representing Genghis Grill in the transaction; with Smoke Shop for 2,000 sq.ft. at Bristol Park, located at the intersection of Route 413 and Route 13 in Bristol, PA; with Shall We Play for 1,326 sq.ft. at Montecito Marketplace I and II, located at the intersection of Durango Drive and Elkhorn Road in Las Vegas, NV; with Smokin’ Angels Club for 1,186 sq.ft. and with Cloud 9 for 1,185 sq.ft. at Speedway Super Center in Speedway, IN; with TitleMax for 2,400 sq.ft. and with Great Clips for a 2,300 sq.ft. space at Merchants Park, located along West 11th Street in Houston, TX, with Venture Commercial representing Great Clips in the transaction and with Smell the Bread for 1,237 sq.ft. at Beneva Village Shops, located at the intersection of Clark Road and Beneva Road in Sarasota, FL, with Sperry Van Ness representing the tenant in the transaction. Breslin Realty (516-741-7400) negotiated a lease with Walmart Neighborhood Market for a 50,000 sq.ft. store at Levittown Mews Shopping Center in Levittown, NY. The company represented the landlord and the tenant in the transaction.
DLC Management (866-352-6468) negotiated the following leases: with Salon Beleza for a 1,500 sq.ft. space at Mahopac Village Centre in Mahopac, NY; with Value Vet for 1,500 sq.ft. at Sprayberry Square Shopping Center in Marietta, GA; with Chinese Buffet for a 5,200 sq.ft. restaurant at Levittown Town Center in Levittown, PA; with Yasmin Insurance for 1,200 sq.ft. and with Acute Spine & Therapy for a 1,334 sq.ft. space at Takoma Langley Crossroads Center in Takoma Park, MD; with BX Bagel Factory for 1,800 sq.ft. at Imperial Plaza in Wappingers Falls, NY; with H&R Block for 1,800 sq.ft. at Trolley Plaza in Oxnard, CA; with Glamour Nail Spa for 1,700 sq.ft. at Mid Valley Mall in Newburgh, NY; with Pizza Hut for 1,720 sq.ft. at Shoal Creek Center in Cambridge, MD; with Patinella’s Chicken Grill for 1,833 sq.ft. at College Plaza in Ft. Meyers, FL; with Downtown Locker Room for a 4,000 sq.ft. store at Highland Square in Jacksonville, FL; with New Wave Seafood for 2,540 sq.ft. at Stone Mountain Square in Stone Mountain, GA; with Chris’s Deli for 1,160 sq.ft. at Thornwood Village Center in Thornwood, NY; with TMX Finance for 1,750 sq.ft. at Lawrenceville Town Center in Lawrenceville, GA; Peachtree Growler for 1,400 sq.ft. at Peachtree Parkway Plaza in Norcross, GA and with Solid Gold for 2,000 sq.ft. at Prospect Plaza in West Hartford, CT. Zell Commercial Real Estate Services, Inc. (602-248-0600) negotiated the following leases throughout AZ: with Ginban Sushi for 2,432 sq.ft. at Lakeside Plaza Shopping Center, located at the intersection of 40th Street and Chandler Boulevard in the Ahwatukee section of Phoenix, with the company representing the landlord, Lakeside Plaza Shops Owners, LLC, and First Class Realty representing the tenant in the transaction; with BabyStop for 4,203 sq.ft. at Agua Caliente Shopping Center, located along East Shea Boulevard in Scottsdale, with the company representing the tenant and Cassidy Turley representing the landlord in the transaction; with Euro-Grill for 1,824 sq.ft. and with European Market for 1,200 sq.ft. at 7th Street Plaza Shopping Center, located at the intersection of 7th Street and Union Hills Drive in Phoenix, with the company representing the landlord, JHK Union Hills, LLC, and KMC Union Hills, LLC, and American Realty Advisors representing the tenant in both transactions. Velocity Retail Group (602-682-8170) negotiated a lease with Capriotti’s Sandwich Shop/Everything Bagel at the intersection of Scottsdale Road and Indian School Road in Scottsdale, AZ. DM Dealmakers Magazine | www.dealmakers.net
lead sheet Hancock Fabrics, Inc. dba Hancock Fabrics Baldwyn, MS 38824 662-365-6324 Web site: www.hancockfabrics.com
Arts/Crafts/Fabrics The 263-unit chain operates locations nationwide. The stores, offering fabrics, sewing materials, home décor and related accessories, occupy spaces of 7,000 sq.ft. to 10,000 sq.ft. in freestanding locations, power and strip centers. Growth opportunities are sough throughout the existing market during the coming 18 months. Typical leases run 10 years with options. Preferred cotenants include Walmart, Target, T.J. Maxx, Pier 1 Imports, Bed Bath & Beyond and Ross Dress for Less. Preferred demographics include a population of 60,000 within five miles earning $40,000 as the average household income. Major competitors include JoAnn Fabrics. The company will only consider strong opportunities and is site selective. For information regarding expansion throughout the northern and western regions of the U.S., contact Bear Burnett, 662-365-6172 and for information regarding expansion throughout the eastern and southern regions of the U.S., contact Rickey Richardson, 662-365-6178; Email: rrich@hancockfabrics.com.
Aamco Transmissions, Inc. dba Aamco Transmissions MaryBeth Mack 201 Gibraltar Road, Suite 150 Horsham, PA 19044 800-292-8500 Email: mmack@aamco.com Web site: www.aaamco.com
Automotive The 1,100-unit chain operates locations nationwide. The automotive centers, offering transmission repair services, occupy spaces of 3,500 sq.ft. to 8,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing market during the coming 18 months. The company is franchising and prefers locations with high traffic counts.
Russell Speeder’s dba Russell Speeder’s Car Wash Mike Shullman 297 Main Avenue Norwalk, CT 06851 203-249-2694, Fax 203-972-9354
Automotive The 19-unit chain operates locations throughout CA, CT, FL, IA, NE, NY and OH. The car wash centers occupy spaces of 3,500 sq.ft. in freestanding locations. Plans call for two openings throughout the existing markets, excluding NY, during the coming 18 months. Typical leases run 30 years with options. A vanilla shell is required. Preferred cotenants include supermarkets.
Safelite Group dba Safelite Auto Glass John Kraft 2400 Farmers Drive Columbus, OH 43235 614-210-9000, Fax 614-210-9351
Automotive The 700-unit chain operates locations nationwide. The facilities, offering automotive glass and installation and repair services, occupy spaces of 2,000 sq.ft. to 4,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months.
Tuffy Associates Corp. dba Tuffy Auto Service Center and Car X David Schak 7150 Granite Circle Toledo, OH 43617 419-865-6900, Fax 419-865-7343 Email: dave@tuffy.com Web site: www.tuffy.com
Automotive The 375-unit chain operates locations throughout AL, FL, IA, IL, IN, MI, NC, ND, NE, NJ, OH, SC, SD, TN, VA and WI. The automotive service centers occupy spaces of 3,900 sq.ft. to 5,800 sq.ft. in freestanding locations, power and strip centers. Growth opportunities are sought throughout the existing markets, excluding NJ and VA, but in addition to MN and TX during the coming 18 months. Typical leases run 20 years. Specific improvements are required. Preferred cotenants include Kohl’s, Target and local grocery stores. Preferred demographics include a population of 35,000 within three miles earning $60,000 as the average household income. Major competitors include Midas, Firestone and Tire Plus. A land area of .75 acres is required for freestanding locations. The company prefers second-generation spaces. The company is being site-selective and franchising.
Altmeyer Home Stores, Inc. dba Altmeyer Bed Bath & Home Bob Mauro 6515 Route 22 Delmont, PA 15626 724-468-3434, Fax 724-468-3233 Email: bmauro@altmeyers.com Web site: www.bedbathhome.com
Bed/Bath/Linens The 11-unit chain operates locations throughout central and western PA. The stores, offering bedroom and bathroom products, as well as home accents, occupy spaces of 7,000 sq.ft. to 10,000 sq.ft. in strip centers. Plans call for two to three openings annually throughout the existing markets, specifically near Altoona and State College. Typical leases run five years. Major competitors include Boscovs and JC Penney.
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April 12, 2013 | Page 9
lead sheet Micro Electronics, Inc. dba Micro Center Nancy Klemstine 4119 Leap Road Hilliard, OH 43026 614-850-3037, 614-850-3001 Web site: www.microcenter.com
Computers The 23-unit chain operates locations throughout CA, CO, GA, IL, KS, MA, MD, MI, MN, MO, NJ, NY, OH, PA, TX and VA. The stores, offering computers and related products, occupy spaces of 28,000 sq.ft. to 32,000 sq.ft. in freestanding locations, malls and strip centers. Growth opportunities are sought nationwide during the coming 18 months. Preferred demographics include a population of 200,000 within five miles earning $75,000 as the average household income.
Gas Mart, Inc. dba Minuteman Food Mart Wesley Campbell PO Box 39 Elizabethtown, NC 28337 910-862-8423 Ext. 240, Fax 910-862-5531
Convenience The 21-unit chain operates locations throughout NC. The convenience stores, with gasoline facilities, occupy spaces of 3,000 sq.ft. in mixed-use centers. Growth opportunities are sough throughout the existing market during the coming 18 months. A land area of one to 1.5 acres is required. The company prefers to acquire sites.
Petroleum Marketers, Inc. dba Stop In Food Stores Ronald Hare 3000 Ogden Road Roanoke, VA 24018 540-772-4900, Fax 540-772-6900
Convenience The 92-unit chain operates locations throughout VA and WV. The convenience stores occupy spaces of 2,000 sq.ft. to 3,000 sq.ft. in freestanding locations. Plans call for five openings throughout the existing markets during the coming 18 months. Typical leases run 20 years. A land area of one acre is required. The company is franchising.
Super Beauty Jeff Gelberman c/o National Real Estate Brokerage 10319 Westlake Drive, Suite 284 Bethesda, MD 20817 301-770-8587, Fax 301-770-8591 Email: jeff@nreb.net Web site: www.nreb.net
Cosmetics The nine-unit chain operates locations throughout MD and VA. The stores, offering hair products, beauty supplies and related accessories, occupy spaces of 10,000 sq.ft. to 30,000 sq.ft. in malls and power centers. Growth opportunities are sought throughout Prince George’s County in MD during the coming 18 months, with representation by National Real Estate Brokerage.
Neiman Marcus Wayne Hussy 1201 Elm Street, Suite 2700 Dallas, TX 75270 214-761-2410, Fax 214-761-2667
Department Store The 42-unit chain operates locations throughout AZ, CA, CO, FL, GA, HI, IL, MA, MD, MI, MN, MO, NC, NJ, NY, NV, PA, TX, VA, WA and Washington, DC. The upscale department stores occupy spaces of 100,000 sq.ft. in malls and urban/downtown areas. Limited growth opportunities are sought nationwide during the coming 18 months. Typical leases run 20 to 30 years.
Ammar’s, Inc. dba Magic Mart R.F. Ammar 710 South College Avenue Bluefield, VA 24605-1639 276-322-4686 Ext. 195, Fax 276-326-1060 Web site: www.magicmartstores.com
Discount The 21-unit chain operates locations throughout KY, NC, VA and WV. The general merchandise stores occupy spaces of 85,000 sq.ft. to 120,000 sq.ft. in freestanding locations and strip centers. Plans call for one opening throughout the existing markets during the coming 18 months. Typical leases run five years with two, five-year options. Preferred cotenants include grocery stores.
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lead sheet Dollar Star Ralph Lobodzinski 16300 Northwest 48th Avenue Hialeah, FL 33014 305-970-6929 Email: rlobo@warehouse99.com
Discount The 17-unit chain operates locations throughout FL, GA, NC and SC. The stores, offering discounted general merchandise, occupy spaces of 2,000 sq.ft. to 5,000 sq.ft. in malls and power centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Major competitors include Dollar Tree, Dollar General and Family Dollar.
Family Dollar Neil Denenberg c/o Denenberg Realty Advisors 230 Commercial Street Boston, MA 02109 617-720-5656, Fax 617-720-5676 Email: neil@denenbergrealty.com Web site: www.denenbergra.com
Discount The 7,442-unit chain operates locations throughout the eastern, midstates and southern regions of the U.S., in addition to southern CA. The stores, offering discounted general merchandise, occupy spaces of 8,000 sq.ft. to 10,000 sq.ft. in freestanding locations and lifestyle, mixed-use, power, specialty and strip centers, as well urban/downtown areas. Growth opportunities are sought inside of Route 495 in MA during the coming 18 months, with representation by Denenberg Realty Advisors.
S & M Bargain City, Inc. dba S & M Family Outlet Steve Stoma 4250 North Dowlen Beaumount, TX 77706 409-898-8878, Fax 409-898-1169
Discount The three-unit chain operates locations throughout LA and TX. The stores, offering discounted family apparel, housewares and gift items, occupy spaces of 3,000 sq.ft. to 10,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. A vanilla shell is required. Preferred demographics include a trade area population of 100,000.
Hy-Vee, Inc. dba Hy-Vee Drugstore Pete Hosch 5820 Westown Parkway West Des Moines, IA 50266 515-267-2800, Fax 515-267-2967 Web site: www.hy-vee.com
Drug Store The 23-unit chain operates locations throughout IA and NE. The drug stores occupy spaces of 15,000 sq.ft. in freestanding locations, power, specialty and strip centers. Growth opportunities are sough throughout IA, IL, KS, MN, MO, SD and WI during the coming 18 months.
Cellular Sales of Knoxville, Inc. dba Verizon Wireless Retailer – Cellular Sales Todd Miller 6513 Kingston Pike, Suite 106 Knoxville, TN 37919 Email: todd.miller@cellularsales.com Web site: www.cellularsales.com
Electronics The 517-unit chain operates locations throughout AL, CT, FL, GA, IN, KS, KY, LA, MA, MD, ME, MO, MS, NC, NH, NJ; New York, NY, OH, OK, OR, PA, SC, TN, TX, VA, VT and WA. The stores, offering cellular phones, accessories and related services, occupy freestanding locations and endcaps of shopping centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run five years with two, five-year options. Preferred demographics include a population of 25,000 within three miles earning $40,000 as the average household income. The company prefers stores with at least 40 feet of frontage.
Cobb Theatres dba Cobb Theatres / Cinebistro Jeremy Welman 2000 B Southbridge Parkway, Suite 100 Birmingham, AL 35209 205-802-1110 Ext. 112 Email: jwelman@cobbtheatres.com
Entertainment The 21-unit chain operates locations throughout AL; Lakeland, Miami-Dade, Orlando, Palm Beach, Tampa and Winter Haven, FL; Atlanta, GA; Richmond and Hampton, VA and Washington, DC. The move theaters/restaurants occupy spaces of 35,000 sq.ft. to 65,000 sq.ft. in entertainment, lifestyle and mixed-use centers. Growth opportunities are sought throughout the southeastern, eastern and mid-Atlantic regions of the U.S. during the coming 18 months. Preferred demographics include a population of 100,000 within three to five miles earning $75,000 as the average household income. The company will also consider redevelopment opportunities.
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April 12, 2013 | Page 11
lead sheet Pet Supplies Plus Donna Capichano 17197 North Laural Park Drive, Suite 402 Livonia, MI 48152 866-477-7748 Email: dcapichano@petsuppliesplus.com Web site: www.petsuppliesplus.com
Pet Supplies The 271-unit chain operates locations nationwide throughout 23 states. The pet supply stores occupy spaces of 6,000 sq.ft. to 10,000 sq.ft. in freestanding locations, community and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. A vanilla shell, turnkey and specific improvements are required. Preferred cotenants include Kohl’s, Target and supermarkets. Preferred demographics include a tradearea population of 75,000 earning $50,000 as the average household income.
Comfort Management Corp. dba Comfort One Shoes Shirley Thomas PO Box 472 Manassas, VA 20108 703-330-9955, Fax 703-365-8088 Web site: www.comfortoneshoes.com
Shoes The 22-unit chain operates locations throughout MD, VA and Washington, DC. The stores, offering high-end euro footwear, occupy spaces of 1,000 sq.ft. to 3,000 sq.ft. in freestanding locations and lifestyle, specialty and tourist centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. The company is site-selective.
Amerco Real Estate dba U-Haul International, Inc. Matt Braccia 2727 North Central Avenue Phoenix, AZ 85004 602-263-6555, 602-277-5824 Web site: www.uhaul.com
Service The 1,400-unit chain operates locations nationwide and in Canada. The storage facilities, also offering moving vans and trailers, occupy spaces of 60,000 sq.ft. in freestanding locations. Growth opportunities are sought nationwide during the coming 18 months. The company prefers to acquire sites.
Massage Envy Jayson Siano, Scott Sher or Greg Batista c/o Sabre Real Estate Group 500 Old Country Road, Suite 209 Garden City, NY 11530 516-874-8070 Ext. 501/514/515 Emails: jayson@sabreny.com, scott@sabreny.com and greg@sabreny.com Web site: www.sabreny.com
Specialty The 840-unit chain operates locations nationwide throughout 46 states. The facilities, offering massage therapy and spa services, occupy spaces of 2,500 sq.ft. to 4,000 sq.ft. in various retail settings. Growth opportunities are sought throughout Manhattan, Long Island and the surrounding boroughs of New York, NY during the coming 18 months, with representation by Sabre Real Estate Group.
Visionworks Daniel Glazer or Richard Senior c/o Ripco Real Estate 420 Jericho Turnpike, Suite 100 Jericho, NY 11753 516-933-8880 Email: dglazer@ripcony.com Web site: www.ripcony.com
Specialty The 580-unit chain operates locations nationwide throughout 39 states and Washington, DC. The eyecare centers occupy spaces of 2,800 sq.ft. to 4,000 sq.ft. in various retail settings. Growth opportunities are sought throughout Brooklyn, Bronx, Long Island and Queens, NY during the coming 18 months, with representation by Ripco 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 12, 2013
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Lake Elsinore – Lake Elsinore Marketplace, a power center located at the intersection of Central Avenue and Interstate 15 Freeway, has spaces available from 1,334 sq.ft. to 7,000 sq.ft. Cotenants include Costco, Lowe’s, Bed Bath & Beyond, PetSmart, Dollar Tree, Kirkland’s, Staples and Chili’s. Winchester – French Valley Village Center, a 113,928 sq.ft. neighborhood shopping center located at the intersection of Winchester Road/Highway 79 and Benton Road, has spaces available from 1,400 sq.ft. to 2,950 sq.ft. Cotenants include Stater Bros. Markets, CVS, Cold Stone
Creamery, Subway, Del Taco and Starbucks. Area demographics include a population of 151,712 within five miles earning $85,901 as the average household income. The average daily traffic count is 63,250 vehicles. For more information regarding the Lake Elsinore property, contact Brian Bielatowicz or Randy Dalby, Lee & Associates, 25240 Hancock Avenue, Suite 100, Murrieta, CA 92562; 951-445-4515/760-448-2459; Emails: bbielatowicz@lee-associates.com and rdalby@lee-associates.com; Web site: www.lee-associates.com. For more
information regarding the Winchester property, contact Brian Bielatowicz or Ted Rivenbark; 951-445-4512; Email: trivenbark@lee-associates.com.
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Oxnard – A divisible 4,000 sq.ft. freestanding building is available along Saviers Road between Hill Street and Birch Street. Neighboring retailers include Domino’s Pizza, CVS and Verizon Wireless. Area demographics include a population of 236,567 within five miles earning $71,930 as the average household income. For more information, contact Eric Friedland or Todd Nathanson, illi Commercial Real Estate, 17547 Ventura Boulevard, Suite 304, Encino, CA 91316; 818-501-2212 Ext. 122/101, Fax 818-501-2202; Emails: eric@illicre.com and todd@illicre.com; Web site: www.illicre.com.
Connecticut
mAy 19-22, 2013 | lAs veGAs, NevAdA the dealmakers will be distributed at ICSC RECon The Global Retail Real Estate Convention in Las Vegas, NV, delivering 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 10th 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 by 6 a.m. opening day and The Dealmakers May 24th show issue gets exposure on the show floor! FOllOw UP In addition to powerhouse companies that read The Dealmakers every week, the June 7th post-show issue is mailed to attendees — giving you added exposure!
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Meriden – Townline Square, a 316,000 sq.ft. power center located along South Broad Street, has spaces from 2,500 sq.ft. to 20,000 sq.ft. available. Cotenants include Burlington Coat Factory, Marshall’s, Big Y, Michael’s, Bath & Body Works, Chuck E. Cheese, GNC, GameStop, Pier 1 Imports and Panera Bread. Area demographics include a population of 113,065 within five miles earning an average household income of $80,393. For more information, contact Richard Korris or Linda Lacey, Urstadt Biddle Properties, Inc.; 860-521-7900/203-8638202; Emails: richardkorris@gmail.com and llacey@ubproperties.com; Web site: www.ubproperties.com. Orange – Spaces of 3,440 sq.ft. and 7,000 sq.ft. are available in a shopping center at the intersection of Route 1 and Boston Post Road. Cotenants include Planet Fitness and FedEx Office. The asking rent is $14 psf NNN. For more information, contact Steven Spector, Interstate Realty Advisors, Inc.; 203-283-3994; Email: sjsrealestate11@aol.com.
Florida Winter Garden – Shoppes at Lake Butler, located along Winter Garden Road, has spaces from 1,926 sq.ft. to 7,151 sq.ft. available. Area retailers include Super Target, Home Goods, Best Buy, Sport’s Authority and Lowe’s. Area demographics include a population of 73,902 within five miles earning $101,065 as the average household income. For more information, contact Nick Barbato, Real Property Specialist, Inc., 2345 Dealmakers Magazine | www.dealmakers.net
space place Florida
Illinois
Maryland
West Sand Lake Road, Suite 100, Orlando, FL 32809; 407-812-8000 Ext. 116, Fax 407-8128885; Email: nick@realpropertyspecialists.com; Web site: www.realpropertyspecialists.com.
earning an average household income of $119,295. The average daily traffic count is 77,400 vehicles. For more information regarding the Chicago property, contact Terry Alexa or James Schutter, Newmark Knight Frank Retail; 312-224-3103/3210; Emails: talexa@ngkf.com and jschutter@ngkf.com; Web site: www.newmarkkf.com/retail. For more information regarding the Elgin property, contact Terry Alexa or Alexander Blieden; 312-224-3170; Email: ablieden@ngkf.com. For more information regarding the Willowbrook property, contact Luke Sementa or Terry Alexa; 312224-3974; Email: lsementa@ngkf.com.
of Route 355/Frederick Road and College Parkway, has spaces available of 1,035 sq.ft., 1,360 sq.ft. and 2,700 sq.ft. Cotenants include Advance Auto Parts, The Tile Store, Paradise Grill, Subway, Papa John’s and Reflexology Spa. Area demographics include a population of 90,558 within three miles earning an average household income of $110,612. Waldorf – Charles County Plaza, a 143,750 sq.ft. shopping center located at the intersection of Route 301/Blue Star Memorial Highway and Plaza Way, has four spaces of 1,200 sq.ft. available. Cotenants include Giant Food, Sleepy’s, Pier 1, Planet Fitness, Five Guys and Chuck E. Cheese. Area demographics include a population of 55,932 within three miles earning an average household income of $90,076. For more information, contact Greg Hull, Combined Properties, 1025 Thomas Jefferson Street NW, Suite 700 East, Washington, DC 20007; 202-736-2853, Fax 202-833-3013; Email: ghull@combined.biz; Web site: www.combined.biz.
Georgia Decatur – Candler McAfee Shopping Center, a 175,272 sq.ft. strip center located at the intersection of Candler Road and McAfee Road, has spaces and outlots available from 1,200 sq.ft. to 39,960 sq.ft. Cotenants include McDonald’s, AutoZone, Little Caesars, Family Dollar and CitiTrends. Area demographics include a population of 244,620 within five miles earning $55,186 as the average household income. The average daily traffic count is 16,550 vehicles. For more information, contact Caroline Vollo, Couriam, LLC, 5755 North Point Parkway, Suite 84, Alpharetta, GA 30022; 770-559-9617 Ext. 221; Email: cvollo@couriam.com; Web site: www.couriam.com. McDonough – Town Crest at McDonough, a 28,774 sq.ft. shopping center located at the intersection of Jonesboro Road and Vinings Drive, has endcaps of 1,331 sq.ft. and 6,513 sq.ft. available, in addition to an outparcel of 1,600 sq.ft. Area retailers include Target, Home Depot, Ross Dress For Less, Belk, Marshalls, Staples, Dick’s Sporting Goods and Best Buy. Area demographics include a population of 73,281 within five miles earning an average household income of $76,477. The average daily traffic count is 22,750 vehicles. For more information, contact Sherri Mann, Crossman & Co.; 404-514-3517; Email: smann@crossmanco.com; Web site: www.crossmanco.com.
Illinois Chicago – A 3,000 sq.ft. freestanding building with a drive-thru is available along West 55th Street. Area demographics include a population of 162,435 within two miles earning an average household income of $61,155. The average daily traffic count is 33,800 vehicles. Elgin – A 1,328 sq.ft. space and an 11,943 sq.ft. anchor space are available along North McLean Boulevard. Area demographics include a population of 168,839 within five miles earning an average household income of $82,763. The average daily traffic count is 11,000 vehicles. Willowbrook – A 1.8-acre land parcel is available at the intersection of Route 83 and 63rd Street. Area demographics include a population of 103,534 within three miles Dealmakers Magazine | www.dealmakers.net
Chicago – Oak Brook Promenade, located at the intersection of Butterfield Road and Meyers Road, has first floor spaces available of 5,827 sq.ft. and 5,893 sq.ft, in addition to second floor spaces of 4,363 sq.ft., 5,994 sq.ft. and 13,125 sq.ft. Cotenants include Omaha Steaks, McCormick and Schmick’s, Arhaus Furniture, Kona Grill, Jos. A. Bank, Sleep Number, Thomasville and Helzberg Diamonds. Area demographics include a population of 262,568 within five miles earning an average household income of $113,040. The average daily traffic count is 66,400 vehicles. For more information, contact Mike Streit or Al Rodenbostel, ARCORE Real Estate Group, 2803 Butterfield Road, Suite 310, Oak Brook, IL 60523; 630-9085702/5701; Emails: mstreit@arcoregrp.com and al@arcoregrp.com; Web site: www.arcoregrp.com.
Maryland Gaithersburg – Montgomery Village Marketplace, located along Stedwick Road, has spaces available of 1,094 sq.ft. and 1,616 sq.ft., in addition to endcaps of 2,454 sq.ft. and 3,115 sq.ft. Cotenants include Village Cleaners, Eddie’s Carry-Out, Varee Thai Restaurant and Village Nails, while area retailers include CVS, Einstein Bros. Bagels and Big Lots. Area demographics include a population of 128,864 within three miles earning an average household income of $92,643. The average daily traffic count is 51,012 vehicles. For more information, contact Nora Foley or Billy Orlove, Rosenthal Realty; 703-8935141; Email:leasing@rosenthalproperties.com; Web site: www.rosenthalproperties.com. Rockville – College Plaza, a 110,500 sq.ft. shopping center located at the intersection
Nebraska Omaha – Sorensen Park Plaza, a 178,686 sq.ft. shopping center located at the intersection of Sorensen Parkway and 72nd Street, has spaces available. Cotenants include Big Lots, Marshalls, Applebee’s, Famous Footwear and PetSmart. Area demographics include a population of 80,827 within three miles earning an average household income of $52,399. For more information, contact Michael Slusky, Kimco Realty, 10600 West Higgins, Suite 408, Rosemont, IL 60018; 847-2946446; Email: mslusky@kimcorealty.com; Web site: www.kimcorealty.com.
New Jersey Bayonne – Bayview Shopping Center, located at the intersection of Avenue A and North Street, has spaces available of 1,750 sq.ft. and 3,612 sq.ft., in addition to a divisible anchor space of 66,544 sq.ft. Cotenants include Planet Fitness with area retailers including Walgreens, Lowes, New York Sports Clubs and Sonic. Area demographics include a population of 192,456 within three miles earning $74,891 as the average household income. Paramus – A 6,000 sq.ft. land area is available along Route 4. Area retailers include Pier 1 Imports, Chipotle, Kohl’s, Guitar Center and Starbucks. Area demographics include a population of 118,117 within three miles earning $126,258 as the average (continued on page sixteen)
April 12, 2013 | Page 15
space place New Jersey (continued from page fifteen)
household income. The average daily traffic count is 150,000 vehicles. For more information regarding the Bayview Shopping Center, contact Lew Finkelstein or Matt Flath, The Goldstein Group, 45 Eisenhower Drive, Paramus, NJ 07652; 201703-9700 Ext. 122/119, Fax 201-703-9678; Emails: lfinkelstein@thegoldsteingroup.com and mflath@thegoldsteingroup.com; Web site: www.thegoldsteingroup.com. For more information regarding the Paramus property, contact Sherwin Maali; Ext. 120; Email: smaali@thegoldsteingroup.com. Berlin – Berlin Plaza, a 30,000 sq.ft. strip center located at the intersection of White Horse Pike and North Park Drive, has spaces available of 1,450 sq. ft., 1,750 sq.ft. and 4,950 sq.ft. Cotenants include Auto Zone and Sir Speedy Printing. Area demographics include a population of 121,000 within five miles earning an average household income of $76,000. Woodbury – Evergreen Square, a 54,000 sq.ft. strip center located at the intersection of North Evergreen Avenue and East Red Bank Avenue, has spaces available
New Jersey
New Jersey
of 1,600 sq.ft., 2,000 sq.ft. and 2,430 sq.ft. Cotenants include Family Dollar, Little Caesars and H&R Block. Area demographics include a population of 165,000 within five miles earning an average household income of $60,000. For more information, contact Barry Borsky, Peskin Realty & Construction, Inc., 333 East Lancaster Avenue, Wynnewood, PA 10906; 610-952-3700, Fax 610-649-3958; Email: barry.borsky@gmail.com.
Newark – Ferry Plaza, a 107,872 sq.ft. shopping center located at the intersection of Ferry Street and Magazine Street, has spaces available from 3,100 sq.ft. to 4,694 sq.ft. Cotenants include Pathmark, AutoZone, Subway, H&R Block and GNC. Area demographics include a population of 211,011 within three miles earning an average household income of $36,942. For more information, contact Tracey Mitnick, Urstadt Biddle Properties, Inc.; 203863-8271; Email: tmitnick@ubproperties.com; Web site: www.ubproperties.com.
Edison – Edison Commons, located along Route 27, has spaces available of 913 sq.ft. to 3,619 sq.ft. Cotenants include Entenmann’s, Geico, Verizon Wireless and 7-Eleven. Area demographics include a population of 136,742 within three miles earning $97,182 as the average household income. The average daily traffic count is 37,410 vehicles. For more information, contact William A. Lenaz, R.J. Brunelli & Co., LLC, 400 Perrine Road, Suite 405, Old Bridge, NJ 08857; 732-721-5800 Ext. 15; Email: wlenaz@rjbrunelli.com ; Web site: www.rjbrunelli.com.
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New Mexico Albuquerque – Juan Tabo Plaza, a 59,722 sq.ft. shopping center located at the intersection of Juan Tabo Road and Montgomery Boulevard, has spaces up to 15,055 sq.ft. available. Cotenants include Page One, Radio Shack, Curves for Women, Quizno’s and The UPS Store. Area demographics include a population of 250,984 within five miles earning an average household income of $68,216. The average daily traffic count is 59,800 vehicles. For more information, contact Scott Jensen, Kimco Realty, 1061 North Dobson Road, Suite 118, Mesa, AZ 85201; 480-874-7530; Email: sjensen@kimcorealty.com; Web site: www.kimcorealty.com.
New York Baldwin – Baldwin Harbor Shopping Center, an 81,127 sq.ft. shopping center located at the intersection of Atlantic Avenue and Bayview Avenue, has a 1,500 sq.ft. space and an 8,851 sq.ft. space available. Cotenants include Waldbaum’s, CVS and GameStop. For more information, contact Bill deSeve, Breslin Realty, 500 Old Country Road, Garden City, NY 11530; 516-741-7400 Ext. 233; Email: bdeseve@breslinrealty.com; Web site: www.breslinrealty.com.
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Brooklyn – A 5,250 sq.ft. ground floor space is available at the intersection of Third Avenue and Sixth Street, with possible expansion of up to 8,000 sq.ft. for second floor space. Neighboring retailers include Maria & Tony’s Retaurant, The Bell House, Four and Twenty Blackbirds and Brooklyn Boulders. Also – A 4,000 sq.ft. ground floor space, in addition to 3,000 sq.ft. of backyard space, is available along Douglass Street between Third and Fourth Avenues. Area retailers include Key Food, 4th Ave Pub, Ghenet Brooklyn and Brownstone Bagel. Dealmakers Magazine | www.dealmakers.net
space place New York
New York
Pennsylvania
For more information, contact Ryan P. Condren or Kristina M. Triglia, CPEX Real Estate, 81 Willoughby Street, 8th Floor, Brooklyn, NY 11201; 718-6874212/4206; Emails: rcondren@cpexre.com and ktriglia@cpexre.com; Web site: www.cpexre.com.
For more information, contact Ari Malul and Kenneth Schuckman, Schuckman Realty, Inc., 7600 Jericho Turnpike, Woodbury, NY 11797; 516-496-8888; Emails: ari@schuckmanrealty.com and ken@schuckmanrealty.com; Web site: www.schuckmanrealty.com.
Hampton Bays – Tiana Shopping Center, an 80,878 sq.ft. strip center located along West Montauk Highway, has spaces available of 1,800 sq.ft., 2,600 sq.ft. and 13,000 sq.ft. Cotenants include Moe’s and Radio Shack. Area demographics include a population of 21,936 within five miles earning $96,729 as the average household income. For more information, contact Richard MacDougall, Breslin Realty Development Corp., 500 Old Country Road, Garden City, NY 11530; 516-741-7400 Ext. 263, Fax 516741-5122; Email: rmacdougall@breslinrealty.com; Web site: www.breslinrealty.com.
Pennsylvania
population of 632,980 within five miles earning an average household income of $52,445. The average daily traffic count is 46,000 vehicles. For more information, contact Matthew Ryan, Brixmor, One Fayette Street, Suite 300, Conshohocken, PA 19428; 610-8347641; Email: matthew.ryan@brixmor.com; Web site: www.brixmor.com.
Jackson Heights – Jackson Heights Shopping Center, located at the intersection of 31st Avenue and 75th Street, has a 5,600 sq.ft. space available, along with a full basement. Cotenants include Modell’s, Waldbaum’s, Rite Aid, Carvel, Pearl Vision and Radio Shack. For more information, contact Nicholas J. Forelli, Muss Development LLC, 118-35 Queens Boulevard, Forest Hills, NY 11375; 718-263-3800 Ext. 307, Fax 718-2635069; Email: nforelli@muss.com; Web site: www.muss.com. Ronkonkoma – Lake Shore Plaza II, a 94,800 sq.ft. shopping center located at the intersection of Portion Road and Ackerly Lane, has a 23,700 sq.ft. space available. Cotenants include AutoZone, Sleepy’s, Dollar Tree and Weight Watchers. Area demographics include a population of 246,018 within five miles earning $99,131 as the average household income. The average daily traffic count is 18,000 vehicles. For more information, contact Thomas G. Mirandi, RD Management LLC, 810 Seventh Avenue, 10th Floor, New York, NY 10019; 212-265-6600 Ext. 239, Fax 212-459-9133; Email: tmirandi@rdmanagement.com; Web site: www.rdmanagement.com. Ronkonkoma – A 6,300 sq.ft. endcap is available along Portion Road. Area retailers include GNC, Pet Supplies Plus, Waldbaums and Radio Shack. Area demographics include a population of 244,643 within five miles earning $101,735 as the average household income. The average daily traffic count is 20,000 vehicles. Dealmakers Magazine | www.dealmakers.net
Allentown – West Valley Marketplace, a 277,577 sq.ft. center located along Mill Creek Road, has spaces available from 1,400 sq.ft. to 4,800 sq.ft. Cotenants include Walmart Supercenter, Sleepy’s, RadioShack and Coldstone Creamery. For more information, contact Matt Ryan or Joshua Hunsberger, Legend Properties, Inc., 1275 Glenlivet Drive, Suite 100, Allentown, PA 18106; 610-941-4034/868-6720; Emails: mryan@lpre.com and jhunsberger@lpre.com; Web site: www.lpre.com. Harrisburg – Dauphin Plaza, located at the intersection of Victoria Avenue and Union Deposit Road, has spaces available of 1,600 sq.ft. to 6,978 sq.ft. Cotenants include Big Lots, Ashley Furniture, Family Dollar, Price Rite, Sally Beauty Supply, H&R Block, Subway, Weight Watchers, T.G.I. Friday’s, Rent-A-Center and Rita’s Water Ice. Area demographics include a population of 180,086 within five miles earning $57,926 as the average household income. The average daily traffic count is 19,000 vehicles. For more information, contact Chad Stine, Brad Rohrbaugh or Jeff Kauffman, Bennett Williams Realty, Inc., 110 North George Street, 4th Floor, York, PA 17401; 717-843-5555, Fax 717-843-5550; Emails: cstine@bennettwilliams.com, brohrbaugh@bennettwilliams.com and jkauffman@bennettwilliams.com; Web site: www.bennettwilliams.com. Philadelphia – A 900 sq.ft. space is available along Walnut Street. Area retailers include Vernick Food & Drink, Hollywood Tans, Pure Fare, Wonderland and Shake Shack. For more information, contact Jackie Balin, Fameco Real Estate; 215-557-0050; Email: jbalin@famecoretail.com. Philadelphia – Roosevelt Mall, a 562,252 sq.ft. mall located at the intersection of Cottman Avenue and Roosevelt Boulevard, has spaces available from 400 sq.ft. to 8,000 sq.ft. Cotenants include Macy’s, Ross Dress For Less, Modell’s Sporting Goods, The Children’s Place, Joyce Leslie and New York & Co. Area demographics include a
Southampton – Southampton Shopping Center, a 148,000 sq.ft. community center located at the intersection of Second Street Pike/Route 232 and Knowles Avenue, has spaces available of 600 sq.ft., 1,400 sq.ft., 2,000 sq.ft. and 3,000 sq.ft. Cotenants include Giant, Go Bananas Yogurt, The UPS Store, Susan’s Hallmark, Osaka Sushi, Tuesday Morning and Salad Works. The average daily traffic count is 18,300 vehicles. Area demographics include a population of 206,326 within five miles earning an average household income of $87,917. For more information, contact Daniel P. Weinreb, Paragon Management Group, LLC, 276 Post Road West, Suite 201, Westport, CT 06880; 888-255-3188 Ext. 119, Fax 203221-7078; Email: dweinreb@paragonct.com; Web site: www.paragonct.com.
Texas Southlake – Southlake Town Square, an 840,680 sq.ft. lifestyle center located at the intersection of Southlake Boulevard and Carroll Avenue, has a space of 20,000 sq.ft. available. Cotenants include Banana Republic, Barnes & Noble and Anthropologie. Sugar Land – Colony Square, a 435,268 sq.ft. power center located along S.W. Freeway, has spaces of 19,845 sq.ft. and 32,488 sq.ft. available. Cotenants include Ashley Furniture, PetSmart, Lowe’s, Toys R Us and Academy Sports. Waco – Central Texas Marketplace, a 525,906 sq.ft. power center located at the intersection of Interstate 35 and South Loop 340/Highway 6, has a 12,000 sq.ft. space available. Cotenants include Belk, Kohl’s, Ross Dress For Less, Marshalls, Sports Authority and Old Navy. For more information, contact Jason Kasal, RPAI Southwest Management LLC, 2021 Spring Road, Suite 200, Oak Brook, IL 60523; 972-442-6770; Email: kasal@rpai.com; Web site: www.rpai.com.
Virginia Arlington – A mixed-use project located at the intersection of North Quinn Street and Wilson (continued on page eighteen)
April 12, 2013 | Page 17
space place Virginia
Virginia
(continued from page seventeen)
Boulevard has ground level spaces available. Area demographics include a population of 252,486 within three miles earning $117,566 as the average household income. For more information, contact Roger Carlson, Scott Thiell or Nicki Berg, Colliers International, 1000 Wisconsin Avenue NW, Suite 200, Washington, DC 20007; 202-742-1102/1101/1103; Emails: roger.carlson@colliers.com, scott.thiell@colliers.com and nicki.berg@colliers.com; Web site: www.colliers.com. Ashburn – Ashbrook Commons, located at the intersection of Ashburn Village Boulevard and Route 7/Leesburg Pike, has a 2,918 sq.ft. restaurant space available. Cotenants include Harris Teeter Food Market, A.C. Moore, Home Goods, Starbucks, Jersey Mike’s and Wendy’s. Area demographics include a population of 66,859 within three miles earning an average household income of $142,287. The average daily traffic count is 78,000 vehicles. Woodbridge – Lynwood Center, a 63,000 sq.ft. neighborhood center
Dumfries – Princeton Woods, a 47,932 sq.ft. shopping center located at the intersection of Jefferson Davis Highway/Route 1 and Wayside Drive, has a 4,800 sq.ft. space available, in addition to outparcels of 1.30-acres and 1.66-acres. Cotenants include Bottom Dollar Foods, Beauty Town, Classy Nails, Ruby Tuesday and Applebee’s. Area demographics include a population of 118,709 within three miles earning an average household income of $83,979. The average daily traffic count is 44,000 vehicles. For more information, contact Jerry Taylor, Renaud Consulting, 8605 Westwood Center Drive, Suite 410, Vienna, VA 22182; 571-765-4428; Email: jtaylor@renaudconsulting.net; Web
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located along Jefferson Davis Highway/Route 1, has spaces available from 1,260 sq.ft. to 12,000 sq.ft. Cotenants include Planet Fitness and Executive Beauty Academy. The average daily traffic count is 44,000 vehicles. For more information, contact Shary Thur, Thur & Associates, 8260 Greensboro Drive, Suite 270, McLean, VA 22102; 703-8470865; Email: sthur@thurassociates.com; Web site: www.thurassociates.com.
site: www.renaudconsulting.net.
Washington, DC Mount Vernon Triangle, a mixed-use project located along K Street NW, has a 6,600 sq.ft. retail space available. Neighboring retailers include Ace Hardware, Safeway, Busboys and Poets, Starbucks, Chipotle and SweetGreen. Area demographics include a population of 47,241 within one mile. Also – A 3,767 sq.ft. endcap, along with a large outdoor seating patio area, is available at the intersection of New Jersey Avenue and K Street. Area demographics include a population of 29,864 within one mile earning an average household income of $89,228. For more information regarding Mount Vernon Triangle, contact Jared Meier or Andrew Poncher, Streetsense; 240-479-7195/202730-9890; Emails: jmeier@streetsense.com and aponcher@streetsense.com; Web site: www.streetsense.com. For more information regarding the New Jersey Avenue property, contact Jared Meier, Andrew Poncher or Nick Page; 410-218-2427; Email: nick@streetsense.com. DM
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hen Jeff and Shauna Barison first decided to identity and culture, but also benefit from the backstart their own business, they had a few goals office support of a major corporation. We would have in mind. They wanted to make a difference, never ventured out on our own to create a preschool have an impact in their community, utilize their from the ground up.” collective talents, have autonomy “The communication and support in decision making and create a “When we initially discussed has been great. The best testament legacy. Their search for the right opening a Goddard School, to that statement is the fact that business led them to The Goddard we made the decision to construct we focused on the familySchool®. Jeff and Shauna opened and open a second school last their first Goddard School in friendly, lifestyle-oriented year,” adds Shauna. February 2008 and their second in nature of the business. November 2011. Both schools are When asked to give advice to Our family is very involved located in Redmond, Washington. someone who is thinking of and supports our efforts in buying a franchise, Jeff answered, Goddard Systems, Inc. (GSI), growing and maintaining “If you are serious about making headquartered in King of Prussia, our two Schools.” a difference through an impactful, Pennsylvania, franchises The community-based, family- Jeff Barison Goddard School. With 390+ oriented business, then The Schools nationwide, GSI is the Goddard School should be part of your decision. Take fastest growing preschool franchise in the United States, the time to really think about your desired lifestyle and and was recognized as the “#1 Childcare Franchise” for how best to craft your legacy.” the twelfth consecutive year by Entrepreneur magazine (January 2013). Jeff says, “We felt a proven franchise would offer the best of both worlds—we could have our own business,
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* Entrepreneur Magazine - January 2002 - 2013; The Goddard Schools are operated by independent franchisees under a license agreement with Goddard Systems, Inc. Programs and ages may vary. Substantiation available upon request. NY This advertisement is not an offering. An offering can only be made by a prospectus filed first with the Department of Law of the State of New York. Such filing does not constitute approval by the Department of Law. Goddard Systems, Inc., 1016 West Ninth Avenue, King of Prussia, PA 19406 © Goddard Systems Inc. 2013
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