Reporting The Nation’s Weekly News on Retailing & Retail Real Estate
Volume XXV No. XV
April 16, 2010
Apparel Chains Expand Nationwide Melrose operates 90 locations throughout AZ, CA, NM and TX. The stores, offering women’s apparel in junior, missy, plus and maternity sizes, in addition to footwear and accessories as well as men’s and boy’s apparel in select locations, occupy spaces of 8,000 sq.ft. to 12,000 sq.ft. in grocery-anchored shopping centers. Growth opportunities are sought throughout Bakersfield, Fresno and the central and northern areas of CA during the coming 18 months, with representation by The Legaspi Co. Preferred cotenants include fashion retailers. For more information, contact Peter Ruiz, The Legaspi Co., 1611 Paramount Boulevard, Montebello, CA 90640; 323-728-8455; Email: pruiz@thelegaspi.com. Windsor operates 51 locations throughout AZ, CA, CT, IL, MI, NJ, NV, NY and TX. The stores, offering apparel and accessories for juniors, occupy spaces of 4,000 sq.ft. to 5,000 sq.ft. in superregional centers. Growth opportunities are sought throughout major metropolitan markets nationwide during the coming 18 months, with representation by Zorehkey & Associates. Typical leases run 12 years. A vanilla shell and specific improvements are required. Preferred cotenants include apparel retailers, Macy’s and Nordstrom. Major competitors include Ann Taylor Loft and Bebe. For more information, contact Ed Zorehkey, Zorehkey & Associates, 30021 Tomas Street, Suite 300, Rancho Santa Margarita, CA 92688; 949-598-9796, Fax 949-598-9799; Email: eddiezo@aol.com.
Charming Shoppes, Inc. trades as Catherines at 450 locations nationwide. The stores, offering casual plus-size apparel and accessories for women, occupy spaces of 4,000 sq.ft. in strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Preferred cotenants include Kohl’s, Target and T.J. Maxx. Fashion Bug operates 800 locations nationwide. The stores, offering women’s apparel, occupy spaces of 7,000 sq.ft. in strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run five years. Preferred cotenants include Kohl’s and Target. Preferred demographics include a population of 70,000 within five miles earning $35,000 as the average household income. Lane Bryant operates 754 locations nationwide. The stores, targeting women ages 35 to 55, offer plus-size casual apparel and accessories and occupy spaces of 5,000 sq.ft. in strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run five years. Preferred demographics include a population of 150,000 within five miles earning $50,000 as the average household income. For more information, contact Jon Graub, Charming Shoppes, Inc., 450 Winks Lane, Bensalem, PA 19020; 215-638-6909, Fax 215638-6919; Email: realestate@charming.com; Web site: www.charmingshoppes.com. (continued on page six)
This issue contains information on:
* Retailers operating 50,975 locations with plans to open 658 sites * Real estate valued in excess of $568.4 million to be bought, sold & financed * Leasing activity on over 8.4 million sq.ft. of retail properties
Important News Please Expedite
Postmaster: Periodical
Featuring Wisconsin Idea Exchange New Construction Metropolitan Management Co. is preleasing a 400,000 sq.ft. mixed-use transit village in Anne Arundel County, MD Pg. 3 Openings GameStop Corp. to open 400 locations this year.................. Pg. 4 H&M plans to open as many as 240 locations nationwide and internationally during 2010..... Pg. 9 Buyers and Sellers Brauvin Real Estate Funds looks to acquire single-tenant properties nationwide............ Pg. 5 Sources of Financing Martin Capital Group, LLC provides financing for Walgreens properties nationwide............................ Pg. 6 Exclusives The Goldstein Group represents Smashburger throughout central and northern NJ............................ Pg. 6 Food Retailers Expand Chinese Gourmet Express looks to expand throughout major metropolitan markets nationwide............................ Pg. 7 Lease Signings Commercial Property Associates, Inc. negotiated a lease with Jump Zone for 14,000 sq.ft. in Franklin, WI Pg. 8 In the News Grubb & Ellis Co. hired James T. Cobb as senior vice president............................... Pg. 9 Lead Sheet Card$mart is planning to open stores nationwide.................. Pg. 11 Bar Louie America plans to open 10 to 12 locations nationwide............................ Pg. 14 Space Place........................... Pg. 16
For more news go to: www.dealmakers.net