Reporting The Nation’s Weekly News on Retailing & Retail Real Estate Volume XXIX No. XV
April 18, 2014
FEATURING SUPERMARKET CHAINS EXPAND NATIONWIDE Sedano’s Supermarkets operates 34 locations throughout central and southern FL. The supermarkets occupy spaces of 25,000 sq.ft. to 45,000 sq.ft. in freestanding locations, neighborhood and power centers. Growth opportunities are sought throughout southern FL during the coming 18 months. Typical leases run five years with four, five-year options. Preferred demographics include a population of 25,000 within a three-mile radius. The company prefers to locate in areas with high pedestrian and vehicular traffic counts. For more information, contact Damon DelRossi, Sedano’s Supermarkets, 8500 SW 8th Street, Suite 228, Miami, FL 33144; 305-262-6533, Fax 305-262-4118; Email: damon@greccorp.com; Web site: www.sedanos.com. Martin’s Super Markets, Inc. trades as Martin’s Super Market at 21 locations throughout IN and MI. The supermarkets occupy spaces of 40,000 sq.ft. to 75,000 sq.ft. in freestanding locations and strip centers. Plans call for one opening within 60 minutes of South Bend, IN during the coming 18 months. Major competitors include Walmart, Kroger and Meijer. A land area of at least 10 acres is required for freestanding locations. For more information, contact Pam Smith, Martin’s Super Markets, Inc., PO Box 2709, South Bend, IN 46680; Email: customercare@martins-supermarkets.com; Web site: www.martins-supermarkets.com.
Roundy’s Supermarkets, Inc. trades as Mariano’s Fresh Market at 20 locations throughout IL. The supermarkets, offering seafood, bakery, floral, pharmacy and wine and spirits departments, occupy spaces of 65,000 sq.ft. to 80,000 sq.ft. in urban and suburban areas. Plans call for 15 openings throughout the Chicagoland area of IL during the coming 18 months, with representation by Witherell Real Estate. For more information, contact Andy Witherell, Witherell Real Estate, 850 West Jackson, Suite 701, Chicago, IL 60607; 773-9914932; Email: andy@witherellrealestate.com; Web sites: www.witherellrealestate.com and www.marianos.com. Weis operates 166 locations throughout MD, NJ, NY, PA and WV. The supermarkets occupy spaces of 63,000 sq.ft. in freestanding locations and shopping centers. Growth opportunities are sought throughout metropolitan areas in MD, WV and Washington, DC during the coming 18 months, with representation by Next Realty Mid-Atlantic, LLC. For more information, contact Ray Schupp, Next Realty Mid-Atlantic, LLC, 1750 Old Meadow Road, Suite 250, McLean, VA 22101; 703-442-4500, Fax 703-442-4500; Email: rschupp@nextrealty.com; Web sites: www.nextrealty.com and www.weismarkets.com. (continued on page eight)
THIS ISSUE CONTAINS INFORMATION ON: • Retailers operating 23,463 locations with plans to open 1,623 sites • Real estate valued in excess of $94 million to be bought, sold & financed • Leasing activity on over 4.99 million sq.ft. of retail properties WS Postmaster: Periodical T NE E N A T R DIT IMPO SE EXPE A PLE
RETAILER ONE-ON-ONE New Construction Fuqua Development is developing a mixed-use project in Cobb County, GA................................ Pg. 3 Buyers and Sellers Mid-America Real Estate negotiated the sale of a shopping center in Park Ridge, IL............... Pg. 4 Who’s Opening and Where Runnings plans to open new stores throughout NH and NY during 2015................................ Pg. 5 Meijer supermarkets is planning to expand into WI throughout 2015 and 2016........................... Pg. 5 Workout Anytime is looking to open sites throughout AL, FL, IN, Chicago, IL and Cincinnati, OH through the years end................. Pg. 5 Food Chains Expand Petro’s Chili & Chips is openings new restaurants throughout TN.... Pg. 6 Sources of Financing Lucent Capital negotiated $32.2 million in senior debt for three retail properties in Los Angeles, CA and Bozeman, MT................ Pg. 7 Making the News SRS Real Estate Partners recently hired Adam Baxter as first vice president.................................... Pg. 7 Lease Signings Alliance Partners negotiated a lease with Floor & Décor in Woodbridge, VA........................ Pg. 7 Tenant Reps Silbert Realty & Management is representing America’s Mattress with expansion plans throughout NJ............................................... Pg. 8 Lead Sheet Tilden Car Care Centers plans to open 10 locations nationwide..... Pg. 9 Healthworks looking to enter the New York, NY and Washington, DC markets................................ Pg. 9 Space Place................................ Pg. 14
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NEW CONSTRUCTION Newmark Grubb Knight Frank is preleasing a development located at the intersection of Culebra Road and Westover Hills Boulevard in San Antonio, TX. Spaces of 1,500 sq.ft. to 15,000 sq.ft. are available. Area demographics include a trade-area population of 14,418. The asking rent is $18.50 to $19.50 psf NNN. For more information, contact Darian Padua, Newmark Grubb Knight Frank, 40 Northeast Loop 410, Suite 607, San Antonio, TX 78216; 210-804-4841; Email: dpadua@ngkf.com; Web site: www.ngkf.com.
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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Mattiace Properties is preleasing Renaissance at Colony Park, a 400,000 sq.ft. specialty center situated on 75 acres and located at the intersection of Interstate 55, Old Agency Road and Highland Colony Parkway in Ridgeland, MS. Shop spaces of 1,000 sq.ft. to 7,000 sq.ft. are available, along with up to 100,000 sq.ft. during the second phase of development. Barnes & Noble and The Fresh Market are slated to anchor the center. Cotenants include Ann Taylor Loft, Anthropologie, The Apple Store, Banana Republic, Five Guys Famous Burgers and Fries, J. Crew, Free People, Francesca’s Collection, P.F. Chang’s, Ruth’s Chris Steakhouse, White House|Black Market, Sephora and Soma Intimates. For more information, contact Jan Mattiace, Mattiace Properties, 125 South Congrss Street, Suite 1800, Jackson, MS 39201; 601-352-1818, Fax 601-3521820; Email: jan@mattiace.com; Web site: www.mattiace.com. Peter A. & Vernice H. Gasser Foundation is developing three 10,000 sq.ft. retail buildings in Napa, CA, slated to be completed next year. The center will be shadow-anchored by a Century 12-screen theater and adjacent to a 36,000 sq.ft. InShape Fitness Club and a 115-room Hampton Inn. For more information, contact Joseph G. Peatman, Peter A. & Vernice H. Gasser Foundation, 433 Soscol Avenue, Suite A-120, Napa, CA 94559; 707-255-1646; Email: jpeatman@gasserfoundation.org; Web site: www.gasserfoundation.org. GBT Realty Corp. is developing a shopping center with a GLA ranging from 90,000 sq.ft. to 125,000 sq.ft. and located north of the intersection of U.S. Highway 431 and Alabama Highway 75, between Carlisle Street and Highland Avenue, in Albertville, AL. The project is slated to open during winter 2015. For more information, contact GBT Realty Corp., 9010 Overlook Boulevard, Brentwood, TN 37027; 615-370-0670, Fax 615-373-3111; Web site: www.gbtrealty.com. NewQuest Properties is developing Camp Forbing Town Center, located at the intersection of East Flounoy Lucas Road and Ellerbe Road in Shreveport, LA. A grocery store and a 33,000 sq.ft. YMCA will anchor the development, which is slated to open during 2016. For more information, contact NewQuest Properties, 8827 West Sam Houston Parkway North, Suite 200, Houston, TX 77040; 281477-4300; Web site: www.newquest.com.
Cypress Equities is redeveloping Merrillville Crossing, a 400,000 sq.ft. shopping center located at the intersection of Interstate 65 and US Highway 30 in Merrillville, IN. Area retailers include Costco, Babies “R” Us and Lowe’s Home Improvement. The company is also redeveloping Ridgeville Crossing, a 450,000 sq.ft. retail development situated on 53 acres and located at the intersection of Interstate 480 and Lorrain Road in North Ridgeville, OH. The average daily traffic count is 78,000 vehicles. The company is also developing a 250,000 sq.ft. to 350,000 sq.ft. retail center at the site of the former McFarland Mall in Tuscaloosa, AL. Stores are slated to open during 2015 or 2016. For more information, contact Cypress Equities, 8343 Douglas Avenue, Suite 200, Dallas, TX 75225; 214-561-8800; Web site: www.cypressequities.com. Mid-America Real Estate – Wisconsin, LLC is preleasing a mixed-use development located on North Water Street in Milwaukee, WI. The development will include a 29,565 sq.ft. retail component, a second floor office component and a 192-unit residential component. The retail component will offer onsite off street parking and the ability to incorporate a drive-thru. The development is adjacent to Milwaukee School of Engineering Campus, Manpower World Headquarters and Schlitz Park Office Center. For more information, contact MidAmerica Real Estate – WI, LLC, 648 North Plankinton, Milwaukee, WI 53203, 414-2734600 Web site: www.midamericagrp.com. Equity One, Inc. is redeveloping Broadway Plaza in Bronx, NY. Plans call for the addition of 33,000 sq.ft. of shop space to bring the GLA to 148,000 sq.ft. The initial phase of development is 70% preleased and will be tenanted T.J. Maxx and Aldi, along with five to seven smaller stores. For more information, contact Michael Berfield, Equity One, Inc., 410 Park Avenue, Suite 720, New York, NY 10022; 212-7961760; Web site: www.equityone.net. Fuqua Development is developing a 450,000 sq.ft. mixed-use project situated on 52 acres at the site of the former Castle Lake Mobile Home Park, located at the intersection of Barrett Parkway and Cobb Parkway in Cobb County, GA. Whole Foods will anchor the shopping center portion of the site and is slated to open during 2016. For more information, contact Fuqua Development, 3495 Piedmonr Road Northeast, Suite 905, Atlanta, GA 30305; 404-907-1709, Fax 404-228-4630; Web site: www.fuquadevelopment.com. DM April 18, 2014 | Page 3
BUYERS AND SELLERS Ripco Real Estate Corp. is selling a 28,800 sq.ft. retail center situated on 2.05 acres along Route 46, between Changebridge Road and New Road in Pine Brook, NJ. Area retailers include Bonefish Grill, Bank of America, Dunkin’ Donuts, McDonald’s, Home Depot, Don Pepe II Restaurant, Wendy’s and Burlington Coat Factory. For more information, contact Florian Suserman, Ripco Real Estate Corp., 125 Chubb Avenue, Suite B, Lyndhurst, NJ 07071; 201-777-2300; Email: fsuserman@ripconj.com; Web site: www.ripcony.com. Mid-America Real Estate negotiated the sale of The Shops of Uptown, a 70,402 sq.ft. shopping center located at the intersection of Northwest Highway and Touhy Avenue in Park Ridge, IL. At the time of purchase, Trader Joe’s anchored the center and tenants included Jos. A. Bank, Chico’s, Noodles & Co. and Houlihan’s. The company represented the seller, Benchmark Opportunity Partners, LLC, in the transaction. The property was acquired for $27 million. For more information, contact Joe Girardi or Mike George, Mid-America Real Estate; 630-261-6962; Web site: www.midamericagrp.com. Marcus & Millichap is selling a 50,000 sq.ft. LA Fitness, located at the intersection of West Florida Avenue/California State Route 74 and Sanderson Avenue in Hemet, CA. Area retailers include Hemet Valley Mall, anchored by J.C. Penny, Sears and Gottschalks. The average daily traffic count is 70,000 vehicles. The asking price is $11.175 million. For more information, contact Gina Relva, Marcus & Millichap, 925-953-1716; Web site: www.marcusmillichap.com.
Upland Real Estate Group, Inc. is selling a Northern Tool & Equipment store, located along Sloane Garden Road in Spartanburg, SC. The tenant is bound to a lease featuring 15% rental escalations during the eleventh year and two, five-year renewal opinions. The average daily traffic count is 56,600 vehicles. The NOI is $333,885 and the asking price is $4.25 million with a Cap rate of 7.85%. The company is also selling a 76,181 sq.ft. shopping center in St Paul, MN. The property is 100% occupied and tenants include Walgreens, Burger King, Family Dollar and Caribou Coffee. Area demographics include a population of 314,675 within a five-mile radius earning $59,855 as the average household income. The average daily traffic count is 142,000 vehicles along Interstate 35 East. For more information, contact Deb Vannelli, Upland Real Estate Group, Inc., 50 South Sixth Street, Suite 1418, Minneapolis, MN 55402; 612-376-4475; Email: deb@upland.com; Web site: www.nnnsales.com. Pegasus Investments is selling Shoppes at Coastal Way, located along Cortez Boulevard/State Route 50 in Tampa, FL. The property is 100% occupied and tenants include Starbucks, Aspen Dental and Five Guys Famous Burgers and Fries. Area retailers include Walmart Supercenter, Sam’s Club, Ross Dress for Less, Bed Bath & Beyond, Petco, Marshall’s, Michael’s and Belk. The asking price is $5.35 million with a Cap rate of 6.32%. For more information, contact Kevin Shelburn, David B. Chasin or Trevor C. Nelson, Pegasus Investments, 1901 Avenue of the Stars, Suite 365, Los Angeles, CA 90067; 310-691-1350 Ext. 105/101/104; Web site: www.pegasuscre.com.
Stan Johnson Co. negotiated the sale of a freestanding CVS located in Decherd, TN. The property was acquired for $2 million. The company also negotiated the sale of a Carl’s Jr. ground lease in Kingwood, TX. The property was acquired for $1.4 million. The company also negotiated the sale of a Whataburger ground lease located in Pearland, TX. The property was acquired for $1.7 million. At the time of sale, the tenant was bound to a lease featuring 20 years on the initial term and 7.5% rent escalations every five years. For more information, contact Daniel Herrold, Stan Johnson Co., 6120 South Yale Avenue, Suite 813, Tulsa, OK 74133; 918494-2690; Email: dherrold@stanjohnsonco.com; Web site: www.stanjohnsonco.com. Epsteen & Associates recently negotiated the sale of a 1,642 sq.ft. retail space located along Campo Road in Spring Valley, CA. The property was acquired for $2.78 million by Wagner Family Trust. Berger Realty Group represented the buyer and the company represented the seller, SIGMA-SV, LLC, in the transaction. For more information, contact Joe Wojdowski, Epsteen & Associates, 9524 Kearney Villa Road, Suite 203, San Diego, CA 92126; 858-536-8383, Fax 858-5368384; Email: jwojdowski@epsteensd.com; Web site: www.epsteensd.com. Latitude Commercial Realty negotiated the sale of a 1.37-acre land parcel for the development of a Dunkin’ Donuts at Crown Point Crossings, located at the intersection of 109th and Broadway in Crown Point, IN. The company represented the buyer in the transaction. For more information, contact Latitude Commercial Realty, 2342 Cline Avenue, Schererville, IN 46375; 219-864-0200, Fax 219-864-4144; Email: info@latitudeco.com; Web site: www.latitudeco.com. James Group of Marcus & Millichap negotiated the sale of a three-tenant CVS portfolio. The properties were acquired for $15.85 million with a Cap rate of 5.75%. For more information, contact Mike James, James Group of Marcus & Millichap, 16830 Ventura Boulevard, Suite 100, Encino, CA 91436; 818-212-2755, Fax 818-212-2710; Email: mike.james@marcusmillichap.com; Web site: www.marcusmillichap.com. DM
Pegasus Investments is selling Shoppes at Coastal Way in Tampa, FL. Page 4 | April 18, 2014
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WHO’S OPENING AND WHERE Runnings (507-532-9566) is planning to open a store at the site of a 102,000 sq.ft. former Lowe’s Home Improvement along Wicker Street in Ticonderoga, NH during the spring 2015. The company is also planning to open stores in Canandaigua, Gloversville and Rome, NY during the fall, as well as openings slated for Clay and Claremont, NH during spring 2015. The company, offering sporting apparel and footwear, tools, home and farm goods, toys and pet supplies, currently operates 34 locations throughout MN, MO, ND and SD.
Trader Joe’s Co. (626-599-3700) is planning to open a 12,500 sq.ft. Trader Joe’s supermarket at University Village Colorado shopping center, located at the intersection of Nevada Avenue and Garden of the Gods Road in Colorado Springs, CO during 2015. The company is also slated to open a second grocery store in Denver and a location in Ft. Collins, CO later this year. The chain, offering more than 3,000 items under its private label, currently operates nearly 400 specialty grocery stores throughout 36 states nationwide.
TCF Co., LLC (818-871-3000) is planning to open a Cheesecake Factory restaurant at Fayette Mall in Lexington, KY. The company will join H&M, Newk’s Eatery, Clarks Shoes and Jos. A. Bank at the shopping center. The company, offering burgers, sandwiches, salads and dessert items, currently operates more than 169 fast-casual restaurants nationwide and plans to open 12 to 14 restaurants this year.
Mod Pizza (206-261-4963) plans to operate 100 locations by the end of the year. The chain currently operates 15 locations.
Cabela’s, Inc. (308-254-5505) is planning to open an 80,000 sq.ft. Cabela’s store at a development located at the intersection of Interstate 69 and Campus Parkway in Noblesville, IN during fall 2015. The chain, offering hunting, fishing, camping, hiking, boating and other outdoor-related equipment, apparel and gear, currently operates more than 51 locations nationwide throughout the U.S. Meijer, Inc. (952-828-4000) is planning to expand into WI during 2015, including opening Meijer supercenters in Grafton, Sussex and Wauwatsoa, as well as additional locations in Waukesha and Oak Creek during 2016.The company currently operates 204 supermarkets throughout IL, IN, KY, MI and OH.
Workout Anytime (770-234-0108) is planning to open 25 fitness clubs this year, including expanding into new territories such as AL, FL, IN, Chicago, IL and Cincinnati, OH. The company currently operates 24hour, seven-day-a-week fitness clubs at 57 locations nationwide. Oil & Vinegar (206-285-0517) is planning to open two to three stores throughout the Sacramento, CA market during 2015. The chain, offering international foods and cooking products, currently operates 70 locations in nine countries, including 16 locations throughout the U.S. Ulta Salon, Cosmetics and Fragrance, Inc. (630-410-4800) is planning to open 100 Ulta stores this year, as part of an expansion plan to operate 1,200 locations in the future. The company, offering skincare, beauty and health products, currently operates 675 locations nationwide.
The Fresh Market (336-272-1338) is planning to open a supermarket at the intersection of Southlake Boulevard and South Carroll Avenue in Southlake, TX during the fall. It will be the company’s third location in the Dallas/Ft. Worth, TX market. The company is also slated to open 23 to 25 locations this year and currently operates 155 grocery stores in 26 states throughout the Southeast, Midwest, Mid-Atlantic, Northeast and Western regions of the U.S. Potbelly Sandwich Shop (312-951-0600), through a franchisee, is opening restaurants throughout Oklahoma City, OK during 2014. The company currently operates 288 company-owned restaurants nationwide and plans to call for 35 to 40 corporately owned locations to open this year. Dunkin’ Brands (781-737-3000), through franchisee BG&E Investments, is planning to open five Dunkin’ Donuts locations and one Dunkin’ Donuts/Baskin-Robbins combination location throughout eastern TX, with the first location to open during the summer and the remainder by 2018. La Madeleine de Corps, Inc. (214-696-6962), through a franchisee, recently opened a fastcasual La Madeleine Country French Café prototype in Lubbock, TX. The company also opened a second new concept location in El Paso, TX. The chain currently operates 67 fast casual bakery-café locations. Hibbett Sports (205-942-4292) is planning to open 75 to 80 Hibbett sporting goods stores this year and close about 15 to 20 locations. The company currently operates more than D 800 locations nationwide. M
Arby’s Restaurant Group, Inc. (678-5144100), through a franchisee, is planning to open 13 Arby’s restaurants throughout the Tampa, FL market during the coming nine years. The company, offering burgers, sandwiches, fries, salads, as well as beverage and dessert items, currently operates more than 3,400 fast-food restaurants worldwide. Tiffany & Co. (212-755-8000) is slated to open three stores during the next year in Aventura, FL, along Newbury Street in Boston, MA and in East Hampton, NY. TCBY (317-251-2766) is planning to open 30 yogurt shops globally this year. The company currently operates 650 locations nationwide and internationally. Dealmakers Magazine | www.dealmakers.net
Workout Anytime is planning to open 25 fitness clubs this year, including expanding into new territories such as AL, FL, IN, Chicago, IL and Cincinnati, OH. April 18, 2014 | Page 5
FOOD CHAINS EXPAND NATIONWIDE Chili’s operates more than 1,500 locations nationwide and throughout 33 countries internationally. The casual dining restaurants occupy land areas of 1.4 acres on outlots of power or lifestyle centers, as well as freestanding locations and outparcels. Growth opportunities are sought throughout IA, southern IL and MO during the coming 18 months, with representation by L3 Corp. The company prefers to acquire sites or ground leases. Chuck E. Cheese’s operates more than 500 locations throughout 48 states nationwide, as well as throughout six countries internationally. The children’s entertainment facilities occupy spaces of 14,000 sq.ft. to 18,000 sq.ft. in power and strip centers, as well as outlots. Growth opportunities are sought throughout St. Louis, MO during the coming 18 months, with representation by L3 Corp. For more information, contact Jay Cohen, L3 Corp., 211 North Lindbergh Boulevard, Suite 150, St. Louis, MO 63141; 314-4697400, Fax 314-576-9768; Email: jay@l3corp.net; Web site: www.l3corp.net. Uno Restaurant Holdings, Corp. trades as Uno Pizzeria & Grill at 145 locations throughout 23 states nationwide and internationally. The restaurants prefer to occupy spaces of 3,500 sq.ft. to 9,000 sq.ft. in endcaps of shopping centers and freestanding locations. Plans call for seven openings nationwide and internationally during the coming 18 months. For more information, contact James Quackenbush, Uno Restaurant Holdings, Corp., 100 Charles Park Road, West Roxbury, MA 02132; 617-323-9200, Fax 617-2185376; Email: james.quackenbush.com; Web site: www.unos.com.
Cocina 214 operates a location in Winter Park, FL. The Tex-Mex restaurant prefers to occupy spaces of 5,000 sq.ft. to 7,000 sq.ft. in inline spaces of shopping centers and freestanding locations. Growth opportunities are sought throughout FL during the coming 18 months, with representation by Warren & Co. For more information, contact Simon Garwood, Warren & Co., 1649 Atlantic Boulevard, Suite 210, Jacksonville, FL 32207; 904-673-8622, Fax 866-251-6874; Email: sgarwood@hq1.com; Web site: www.warrenandco.com. Sonic Drive-In operates 3,500 locations nationwide. The fast-food restaurants prefer to occupy spaces of 1,500 sq.ft. in pad sites and freestanding locations. Plans call for three openings throughout southeastern and south central PA, in addition to southern NJ, during the coming 18 months, with representation by Kahn & Co. For more information, contact Jim Kahn, Kahn & Co., 580 Virginia Drive, Suite 100, Ft. Washington, PA 19034; 215-654-0500, Fax 215-654-7557; Email: jimkahn@kahnandco.com; Web site: www.kahnandco.com. Petro’s Chili & Chips, Inc. trades as Petro’s Chili & Chips at 18 locations throughout GA and TN. The chain of restaurants prefers to occupy spaces of 700 sq.ft. to 850 sq.ft. in malls, 1,500 sq.ft. to 2,000 sq.ft. in strip centers and 1,500 sq.ft. to 2,500 sq.ft. in freestanding locations. Growth opportunities are sought throughout TN during the coming 18 months. For more information, contact Dale Widmer, Petro’s Chili & Chips, Inc., 1033 North Cedar Bluff Road, Knoxville, TN 37922; 865-310-4686; Email: dale@petros.com; Web site: www.petros.com.
Chili’s is seeking growth opportunities throughout IA, southern IL and MO during the coming 18 months. Page 6 | April 18, 2014
Popeyes operates more than 2,000 locations nationwide and internationally. The fast-food restaurants occupy spaces of 1,800 sq.ft. to 2,200 sq.ft. in endcaps of shopping centers and freestanding locations. Growth opportunities are sought throughout the Washington, DC metropolitan area during the coming 18 months, with representation by Renaud Consulting. For more information, contact Josh Weiner or John Marigliano, Renaud Consulting, 8605 Westwood Center Drive, Suite 410, Vienna, VA 22182; 571-765-4430/4423; Emails: jweiner@renaudconsulting.net and jmarigliano@renaudconsulting.net; Web site: www.renaudconsulting.net. Brazeiros Churrascaria operates two locations in TN. The restaurants occupy spaces of 6,000 sq.ft. to 9,000 sq.ft. in second generation restaurant spaces. Plans call for three openings throughout AL, KY, MO, OK and TN during the coming 18 months, with representation by Sierra US. Preferred demographics include a population of 100,000 within a five-mile radius earning $60,000 as the average household income. For more information, contact John Beckman, III, Sierra US, 8008 Carondelet Avenue, Suite 109, St. Louis, MO 63105; 314-499-6000, Fax 314-433-4041; Email: jbeckman@sierraus.com; Web site: www.sierraus.com. Panda Express operates more than 1,500 locations throughout 43 states nationwide, as well as in Puerto Rico. The Asian-inspired restaurants prefer to occupy spaces of 2,000 sq.ft. to 3,000 sq.ft. in endcaps of shopping centers and freestanding locations. Growth opportunities are sought throughout CT, MA, ME, NH, RI and VT during the coming 18 months, with representation by National Commercial Brokers. A drive-thru is preferred. For more information, contact Ed Gerwig, National Commercial Brokers, 381 Elliot Street, Suite 185L, Newton Upper Falls, MA 02464; 617-243-0222; Web site: www.nationalcommercial.com. Cefiore operates 10 locations throughout CA, KY, NV and WA, as well as internationally. The frozen yogurt shops prefer to occupy spaces of 600 sq.ft. to 1,200 sq.ft. in downtown areas. Growth opportunities are sought throughout Manhattan, NY during the coming 18 months, with representation by Winick Realty Group. The company prefers to locate near office complexes or dense residential areas. For more information, contact Joseph Isa, Winick Realty Group, 655 Third Avenue, Eighth Floor, New York, NY 10017; 212-792-2647, Fax 212-792-2660; Email: joseph@winick.com; Web site: www.winick.com. DM Dealmakers Magazine | www.dealmakers.net
SOURCES OF FINANCING
Lucent Capital negotiated $32.3 million in senior debt for three retail properties located in the greater Los Angeles, CA market and in Bozeman, MT. The non-recourse loan features a 10-year fixed rate and a 30-year amortization period with an interest rate of 6%. For more information, contact Farzin Emrani, Lucent Capital, 9454 Wilshire Boulevard, Suite 525, Beverly Hills, CA 90212; 310-876-8456; Email: femrani@lucentcapital.com; Web site: D www.lucentcapital.com. M
REAL ESTATE PROFESSIONALS MAKING THE NEWS
Sperry Van Ness – Miller Commercial Real Estate (410-543-2440) promoted Janiene Thompson to property management assistant from administrative assistant. Prior to joining the company, Thompson served at UniFirst Corp. In her new role, Thompson will assist the property management division with tenant relations and she will also handle collections. The company also hired Amber Bostwick as an administrative assistant. The company specializes in advisory, brokerage, consultation and leasing services. Colliers International (310-696-9881) recently hired Gabe Kadosh as vice president. In his new role, Kadosh will focus on leasing, landlord and tenant representation, as well as investment sales. Prior to joining the company, Kadosh served as head of the retail division at Stream Realty. SRS Real Estate Partners (214-560-3215) hired Adam Baxter as first vice president. In his new role, Baxter will focus on landlord and tenant representation throughout the Birmingham, AL market. Prior to joining the company, Baxter served at Fischer & Co. The company specializes in brokerage, development, corporate and investment services.
LEASE SIGNINGS Zell Commercial Real Estate Services, Inc. (602-248-0600) negotiated the following leases throughout AZ: with The Tree of Oil for 1,238 sq.ft. at Palm Valley Pavilions North, located at the intersection of McDowell Road and Litchfield Road in Goodyear, with Donna Reece and Jennifer Eggert of Zell Commercial Real Estate Services, Inc. representing the landlord in the transaction; with Jade Palace for 4,250 sq.ft. at La Mirada Shopping Center, located at the intersection of Pima Road and Pinnacle Peak Road in Scottsdale, with Jennifer Eggert and Bryan Ledbetter of Zell Commercial Real Estate Services, Inc. representing the landlord in the transaction and with Sole Sports for 2,112 sq.ft. at Scottsdale Seville, located at the intersection of Scottsdale Road and Indian Bend Road in Scottsdale, with Jennifer Eggert, Dena Zell and Bryan Ledbetter of Zell Commercial Real Estate Services, Inc. representing the landlord, and Scott Maxwell of Cresa representing the tenant in the transaction. Divaris Real Estate, Inc. (757-497-2113) negotiated a lease with Regis Cor. for 2,502 sq.ft. and with Tagaloo for 1,391 sq.ft. at Warrenton Town Center, located along Frost Avenue in Warrenton, VA. Brandon Howard of Divaris Real Estate, Inc. represented the landlord, Kalis Holdings, LLC, in the transactions. CBRE (305-428-6373) negotiated a lease with Bar Louie for 6,825 sq.ft. at The Plaza on University, located at the intersection of University Boulevard and Alafaya Trail in Orlando, FL. CBRE represented the landlord, American Campus Communities, in the transaction. Velocity Retail Group, LLC (602-6826020) negotiated a lease with Popeye’s Louisiana Kitchen at the intersection Elliot Road and Priest Drive in Tempe, AZ. Dave Cheatham, Michael Clark and Nick Ault of Velocity Retail Group represented the tenant in the transaction. Alliance Partners (201-465-8023) negotiated a lease with Floor & Décor for 74,384 sq.ft. at Square 95 in Woodbridge, VA.
Mid-America Real Estate-Michigan, Inc. (248-855-6800) negotiated the following leases with Jimmy John’s throughout MI: for 2,277 sq.ft. along Middlebelt Road in Livonia, with Adam Goodman and Tony Schmitt of Mid-America Real EstateMichigan, Inc. representing the tenant in the transaction; for 1,920 sq.ft. at Northville Park Place, located at the intersection of 7 Mile Road and Haggerty Road in Northville, with Adam Goodman and Tony Schmitt of Mid-America Real Estate-Michigan, Inc. representing the tenant in the transaction and for 1,740 sq.ft. at the intersection of Middlebelt Road and Interstate 96 in Livonia, with Adam Goodman and Tony Schmitt of Mid-America Real Estate-Michigan, Inc. representing the tenant and Howard Schwartz of Howard Schwartz Commercial Real Estate, LLC representing the landlord in the transaction. Flocke & Avoyer (858-875-4675) negotiated a five-year lease with Ortho Mattress for 3,494 sq.ft. at La Jolla Galleria in La Jolla, CA. Bill Thaxton and Stewart Keith of Flocke & Avoyer represented the landlord in the transaction. LMS Commercial Real Estate (717-5699373) negotiated a lease with Everything and Above for 1,260 sq.ft. at Strasburg Square, a 21,824 sq.ft. shopping center located along Hartman Bridge Road in Strasburg, PA. Wilay Boensch of LMS Commercial Real Estate represented the landlord and tenant in the transaction. Island Associates (631-982-2100) negotiated a lease with Crunch Gym for 20,000 sq.ft. at the intersection of Route 109/Little East Neck Road and Great East Neck Road in West Babylon, NY. Steve McKnight and Roger Delisle negotiated the transaction. Colliers International (206-695-4200) negotiated a lease extension with Acme for 42,000 sq.ft. at Lawrence Shopping Center, a 393,000 sq.ft. center in Lawrenceville, NJ. Richard J. Madison and Tim Norris of Colliers International represented landlord in D the transaction. M
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SUPERMARKET CHAINS EXPAND NATIONWIDE (continued from page one)
Wegmans Food Markets, Inc. trades as Wegmans Food Markets at 83 locations throughout MA, MD, NJ, NY, PA and VA. The supermarkets occupy spaces of 120,000 sq.ft. to 140,000 sq.ft. in freestanding locations, lifestyle and power centers. Plans call for five openings throughout the existing markets during the coming 18 months. Typical leases run 20 years with options. Preferred demographics include a population of 50,000 within three miles earning $85,000 as the average household income. A land area of 12 to 18 acres is required for freestanding locations. The company will acquire sites or consider a ground lease. For more information, contact Paul Gilbert, Wegmans Food Markets, Inc., PO Box 30844, Rochester, NY 14603-0844; 585-464-4755, Fax 585-783-4255; Email: paul.gilbert@wegmans.com; Web site: www.wegmans.com. Alex-Lee, Inc. trades as Lowe’s Food, Galaxy Stores, IGA and Just $ave Food at 101 locations throughout NC and SC. The supermarkets occupy spaces of 40,000 sq.ft. to 55,000 sq.ft. in power, strip and value centers. Growth opportunities are sought throughout NC, the coastal areas of SC and southwestern VA during the coming 18 months. Typical leases run 20 years. Preferred demographics include a population of 30,000 within five miles earning $50,000 as the average household income. For more information, contact Roger Henderson or Philip Greenwald, AlexLee, Inc., 1381 Old Mill Circle, Suite 200, Winston-Salem, NC 27103; 336-7753005/828-725-4370, Fax 336-659-2434; Email: roger.henderson@alexlee.com.
The Fresh Market operates 155 locations throughout AL, AR, CA, CT, FL, GA, IL, IN, KS, KY, LA, MA, MD, MS, NC, NH, NJ, NY, OH, OK, PA, SC, TN, TX, VA and WI. The supermarkets occupy spaces of 18,000 sq.ft. to 21,000 sq.ft. in lifestyle, power and neighborhood shopping centers. Growth opportunities are sought throughout the eastern and Midwestern regions of the U.S., as well as in CA, during the coming 18 months. Typical leases run 10 years with six, five-year options. Preferred demographics include a population of 150,000 within five miles earning $75,000 as the median household income. For more information, contact Stephen Smith, The Fresh Market, 628 Green Valley Road, Suite 500, Greensboro, NC 27408; 336-272-1338, Fax 336-389-5786; Email: stephensmith@thefreshmarket.com; Web site: www.thefreshmarket.com. Whole Foods Market operates more than 340 locations nationwide, Canada and the United Kingdom. The supermarkets, offering natural and organic food items, occupy spaces of 35,000 sq.ft. to 40,000 sq.ft. in lifestyle and mixeduse centers, as well as urban/downtown areas. Growth opportunities are sought throughout MD, northern VA and Washington, DC during the coming 18 months, with representation by H & R Retail. A vanilla shell and specific improvements are flexible. Preferred demographics include a population of 250,000 within three miles earning $75,000 as the average household income. Major competitors include Harris Teeter, Trader Joes and The Fresh Market. For more information, contact Suzanne Katz, H & R Retail, 2800 Quarry Lake Drive, Suite 320, Baltimore, MD 21209; 410-308-0800, Fax 410-486-2733; Email: skatz@hrretail.com; Web sites: www.hrretail.com D and www.wholefoodsmarket.com. M
TENANT REPS AND LEASING ASSIGNMENTS Velocity Retail Group (602-682-6050) is representing Service King Collision Repair Center with its expansion plans throughout Phoenix, AZ. The company utilizes spaces of 30,000 sq.ft. in freestanding locations and prefers to locate to areas with dense daytime populations. The chain is looking to acquire two-acre parcels. Legend Properties, Inc. (856-231-1010) is representing Michaels with its expansion plans throughout DE, southern NJ and southeastern and central PA. The chain of arts and craft stores utilize spaces of 21,300 sq.ft. and 17,500 sq.ft. in power centers, freestanding locations or urban areas. Preferred demographics include a trade-area population of 20,000. The company is also representing Amelia’s Grocery Outlet with its expansion plans throughout southeastern and central PA. The supermarkets occupy spaces of 17,000 sq.ft. to 20,000 sq.ft. Preferred average daily traffic counts 20,000 vehicles. A rear-loading dock is required. Silbert Realty & Management (908-6046900) is representing the following retailers with their expansion plans throughout NJ: America’s Mattress in spaces of 2,500 sq.ft. to 5,000 sq.ft. in endcaps or inline spaces of shopping centers and freestanding locations; Golf Tec occupying spaces of 1,500 sq.ft. to 1,800 sq.ft. in endcaps or inline spaces of shopping centers; Millies Old World in spaces of 1,800 sq.ft. to 4,500 sq.ft.; Primrose Schools utilizing freestanding buildings of 12,000 sq.ft. on land areas of 1.25 acres; Snap Fitness in endcaps of 3,000 sq.ft. to 4,000 sq.ft. and Starbucks occupying spaces of 800 sq.ft. to 2,000 sq.ft. with a drive-thru in northern and central areas. The Rotella Group, Inc. (954-568-9015) is representing Save-A-Lot with its expansion plans throughout southern FL. The supermarkets utilize spaces of 10,000 sq.ft. to 20,000 sq.ft. Preferred demographics include a trade-area population of 35,000 earning a maximum of $45,000 as the average household income. Preferred average daily traffic counts include 15,000 vehicles. A land area of 1.7 acres is required for acquisitions. The company will also consider built-to-suits.
Whole Foods Market is seeking growth opportunitues throughout MD, northern VA and Washington, DC during the coming 18 months. Page 8 | April 18, 2014
United Commercial Realty (214-526-6262) was appointed as the exclusive leasing agent for Arbor Park, a 140,000 sq.ft. retail center located at the intersection of U.S. Highway 281 and Henderson Pass in San Antonio, TX. Cotenants include OfficeMax, Sprouts Farmers Market and Michaels. DM Dealmakers Magazine | www.dealmakers.net
LEAD SHEET Peerless Tyre Co. Jeff Forbes 5000 Kingston Street Denver, CO 80239 303-371-4300 Ext. 128, Fax 303-371-4749 Email: peerless@peerlesstyreco.com Web site: www.peerlesstyreco.com
Automotive The 60-unit chain operates locations throughout CO, KS, NE, NM, SD, TX and WY. The automotive service centers occupy spaces of 3,000 sq.ft. to 5,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. A land area of 20,000 sq.ft. is required.
Tilden Car Care Centers Robert Baskind 300 Hempstead Turnpike, Suite 110 West Hempstead, NY 11552 516-746-7911, Fax 516-746-1288 Email: rbaskind@tildencarcare.com Web site: www.tildencarcare.com
Automotive The 61-unit chain operates locations throughout CO, FL, GA, IL, IN, MA, NC, NH, NJ, NY, OH, RI, TN and TX. The automotive service centers occupy spaces of 2,500 sq.ft. to 5,000 sq.ft. in freestanding locations. Plans call for 10 openings nationwide during the coming 18 months. Typical leases run 20 years. A vanilla shell and specific improvements are required. Preferred demographics include a population of 50,000 within five miles earning $50,000 as the average household income. Major competitors include Goodyear and Midas. The company is franchising.
Oro Gold Cosmetics Andrew Dorf c/o The Greenberg Group 1200 West Broadway Hewlett, NY 11557 516-295-0406 Web site: www.orogoldcosmetics.com
Cosmetics The 56-unit chain operates locations nationwide and internationally. The stores, offering better-lines of skin care products and related cosmetics, occupy spaces of 600 sq.ft. to 1,400 sq.ft. in regional malls. Growth opportunities are sought nationwide during the coming 18 months.
JC Penney Jerry Welkis c/o Welco Realty, Inc. 2525 Palmer Avenue New Rochelle, NY 10801 914-576-7500, Fax 914-576-7596 Email: jwelkis@welcorealty.com Web site: www.welcorealty.com
Department Store The 1,100-unit chain operates locations nationwide. The department stores, offering apparel, footwear, accessories, housewares and home furnishings, occupy spaces of 98,000 sq.ft. to 100,000 sq.ft. in power centers. Growth opportunities are sought throughout NJ and NY during the coming 18 months, with representation by Welco Realty, Inc.
Healthworks Fitness Centers dba Healthworks Mark Harrington or Matt Harrington 137 Newbury Street Boston, MA 02116 617-859-8700 Email: mharrington@healthworksfitness.com Web site: www.healthworksfitness.com
Fitness The eight-unit chain operates locations throughout MA. The women’s fitness centers occupy spaces of 15,000 sq.ft. to 35,000 sq.ft. in urban/downtown areas. Growth opportunities are sought throughout Boston, MA; New York, NY and Washington, DC during the coming 18 months. The company will also consider sites of 12,000 sq.ft. to 18,000 sq.ft.
Life Time Fitness Life Time Athletic and Life Time Fitness Tami Kozikowski 2902 Corporate Place Chanhassen, MN 55317 952-947-0000, Fax 952-229-7248 Email: tkozikowski@lifetimefitness.com Web site: www.lifetimefitness.com
Fitness The 110-unit chain operates locations nationwide. The fitness centers occupy spaces of 80,000 sq.ft. to 120,000 sq.ft. in freestanding locations and shopping centers. Growth opportunities are sought throughout the existing market during the coming 18 months. The company prefers to locate in areas with a population earning above average household incomes.
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April 18, 2014 | Page 9
LEAD SHEET Lemon Tree Hair Salon dba Lemon Tree John Wagner 400 Jericho Turnpike, Suite 326 Jericho, NY 11753 516-605-2080, Fax 516-605-2078 Email: info@lemontree.com Web site: www.lemontree.com
Hair Salon The 45-unit chain operates locations throughout NJ, NY and PA. The hair salons occupy spaces of 800 sq.ft. to 1,200 sq.ft. in strip centers. Growth opportunities are sought throughout Long Island, NY during the coming 18 months. Typical leases run 10 years. Specific improvements are required. Preferred cotenants include card shops, delis, pizzerias and dry cleaning facilities. Major competitors include Supercuts.
Snip-Its Scott Meshil c/o Royal Properties, Inc. 850 Bronx River Road Bronxville, NY 10708 914-237-3403, Fax 914-237-0196 Email: scott@royalpropertiesinc.com Web site: www.royalpropertiesinc.com
Hair Salon The 65-unit chain operates locations nationwide throughout 26 states. The children’sthemed hair salons occupy spaces of 1,200 sq.ft. to 1,700 sq.ft. in freestanding locations, power and strip centers. Growth opportunities are sought throughout CT and NY during the coming 18 months, with representation by Royal Properties, Inc.
Aspen Dental Andrew Grocki c/o Sullivan Hayes Cos. 10 Waterside Drive, Suite 301 Farmington, CT 06032 860-677-5252, Fax 860-679-5260 Email: agrocki@sullivanhayesne.com Web site: www.sullivanhayesne.com
Health The 440-unit chain operates locations nationwide. The dental care facilities occupy spaces of 3,500 sq.ft. in freestanding locations and endcaps of power centers. Growth opportunities are sought throughout CT during the coming 18 months, with representation by Sullivan Hayes Cos. The company prefers to locate in class A locations.
The Vitamin Shoppe Laura Tinetti c/o SRS Real Estate Partners 301 Howard Street, Suite 900 San Francisco, CA 94105 415-908-4937 Email: laura.tinetti@srsre.com Web site: www.srsre.com
Health The 500-unit chain operates locations nationwide. The stores, offering vitamins, supplements, minerals and related health and beauty items, occupy spaces of 4,000 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.
Trollbeads Steven Levy c/o Levy Commercial Realty PO Box 38466 Germantown, TN 38183-0466 901-753-4848, Fax 901-753-9077 Email: contact@levycommercial.com Web site: www.levycommercial.com
Jewelry The chain operates locations nationwide and internationally. The jewelry stores occupy spaces of 500 sq.ft. to 1,000 sq.ft. in regional mall and lifestyle centers. Growth opportunities are sought nationwide during the coming 18 months, with representation by Levy Commercial Realty.
Sharon Acquisition Co., LLC dba Sharon Luggage Paul Steiger 8000 Arrowridge Boulevard Charlotte, NC 28273 704-525-4066 Email: paulsteiger@sharonluggage.com Web site: www.sharonluggage.com
Luggage The two-unit chain operates locations throughout NC. The luggage shops occupy spaces of 2,200 sq.ft. to 3,200 sq.ft. in lifestyle and specialty centers. Plans call for one opening in Charlotte, NC during the coming 18 months.
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LEAD SHEET America’s Best Contacts & Eyeglasses Greg Godino or Patrick Wagor c/o Atlantic Retail Properties 1001 North US Highway One, Suite 600 Jupiter, FL 33477 561-427-6699 Ext. 1013/1027, Fax 561-427-6561 Email: ggodino@atlanticretail.com Web site: www.atlanticretail.com
Optical The 350-unit chain operates locations nationwide throughout 36 states and in Puerto Rico. The eye care facilities occupy spaces of 3,000 sq.ft. to 4,000 sq.ft. in freestanding locations, malls, power and strip centers, as well as urban/downtown areas. Growth opportunities are sought throughout FL during the coming 18 months, with representation by Atlantic Retail Properties.
PetSmart Tom Londres c/o Metro Commercial Real Estate, Inc. 303 Fellowship Road, Suite 202 Mount Laurel, NJ 08054 856-866-1900, Fax 856-866-1611 Email: tlondres@metrocommercial.com Web site: www.metrocommercial.com
Pet Supplies The 1,300-unit chain operates locations nationwide and in Canada and Puerto Rico. The pet supply stores occupy spaces of 12,000 sq.ft. to 20,000 sq.ft. in freestanding locations and power centers. Growth opportunities are sought throughout DE, MA, MD, ME, NH, NJ, NY, PA, RI, VA, VT, WV and Washington, DC during the coming 18 months, with representation by Metro Commercial Real Estate, Inc.
Wild Birds Unlimited Paul Pickett 11711 North College Avenue, Suite 146 Carmel, IN 46032 317-571-7100 Ext. 135, Fax 317-208-4050 Email: pickettp@wbu.com Web site: www.wbu.com
Pet Supplies The 283-unit chain operates locations nationwide and in Canada. The stores, offering bird seed and houses, along with nature-related gift items, occupy spaces of 1,400 sq.ft. to 1,700 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months.
Bio Ped Foot Care Centers, Inc. dba Bio Ped Foot Care Centers Robin Schleien 2150 Winston Park Drive, Unit 21 Oakville, Ontario, Canada L6H 5V1 905-829-0505, Fax 905-829-5199 Email: rschleien@bioped.com Web site: www.bioped.com
Shoes The 45-unit chain operates locations throughout Ontario, Canada. The shoe stores occupy spaces of 1,500 sq.ft. in regional malls and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months.
Massage Envy Danielle Brunelli-Albrecht c/o RJ Brunelli & Co., LLC 400 Perrine Road, Suite 405 Old Bridge, NJ 08857 732-721-5800, Fax 732-721-9241 Email: dbrunelli@rjbrunelli.com Web site: www.rjbrunelli.com
Service The 840-unit chain operates locations nationwide. The facilities, offering massage and spa services, occupy spaces of 2,500 sq.ft. to 3,500 sq.ft. in strip centers. Growth opportunities are sought throughout Hunterdon, Mercer, Middlesex, Monmouth, Ocean and Somerset counties in NJ during the coming 18 months, with representation by RJ Brunelli & Co., LLC.
United Franchise Group dba Sign-A-Rama Tim Phillips 2121 Vista Parkway West Palm Beach, FL 33411 561-868-1484 Web site: www.unitedfranchisegroup.com
Signs The 850-unit chain operates locations nationwide and internationally. The stores, offering signs, banners, decals and displays, occupy spaces of 1,000 sq.ft. to 1,800 sq.ft. in power and strip centers. Growth opportunities are sought nationwide during the coming 18 months. Typical leases run years. A vanilla shell and specific improvements are required. The company is franchising.
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April 18, 2014 | Page 11
LEAD SHEET Sunsation$ Jordan Lolli c/o illi Commercial Real Estate 17547 Ventura Boulevard, Suite 304 Encino, CA 91316 818-501-2212 Email: jordan@illicre.com Web site: www.illicre.com
Specialty The three-unit chain operates locations throughout Beverly Hills, Newport Beach and Santa Monica, CA. The stores, offering luxury and brand name designer travel merchandise, occupy spaces of 2,000 sq.ft. to 5,000 sq.ft. in lifestyle and tourist centers, casinos, airports and class A malls. Growth opportunities are sought nationwide during the coming 18 months, with representation by illi Commercial Real Estate. Preferred cotenants include Apple, Bloomingdales, Saks Fifth Avenue and upscale retailers. Preferred demographics include a population of 80,000 within five miles.
Tervis Tumbler Co. dba Tervis Lynn Kisser 201 Triple Diamond Boulevard North Venice, FL 34275 941-441-3146, Fax 941-441-2305 Email: lkisser@tervis.com Web site: www.tervis.com
Specialty The 30-unit chain operates locations throughout AL, CA, FL, GA, MD, MI, MN, MO, NC, NV, SC, TN and TX. The stores, offering insulated drinkware, tumblers and related accessories, occupy spaces of 800 sq.ft. to 1,250 sq.ft. in specialty and tourist centers. Plans call for 20 openings throughout CA, FL, GA, HI, LA, MA, ME, NC, NY, OR, SC, TN, VA and WA during the coming 18 months. Typical leases run five years with one, five-year renewal option. The company prefers to locate in high traffic tourist areas.
Green Mountain Corp. dba Peter Glenn Ski & Sport Martin Underwood 2901 West Oakland Park Boulevard Ft. Lauderdale, FL 33311 954-484-7800, Fax 954-739-5724 Email: martin.underwood@peterglenn.com Web site: www.peterglenn.com
Sporting Goods The 13-unit chain operates locations throughout FL, GA and VA. The sporting goods stores occupy spaces of 8,000 sq.ft. to 12,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run five years with options.
Ron Jon Surf Shop of Florida dba Ron Jon Surf Shop Jacquie Youngs 3850 South Banana River Boulevard Cocoa Beach, FL 32931 321-799-8866, Fax 321-799-8874 Email: jacquiey@rjss.com Web site: www.ronjons.com
Specialty The 11-unit chain operates locations throughout FL, MD, NJ and SC. The stores, offering surf boards and related apparel, equipment and accessories, occupy spaces of 8,000 sq.ft. to 15,000 sq.ft. in malls, entertainment and tourist centers. Growth opportunities are sought throughout AL, TX and VA during the coming 18 months. Typical leases run five years. A vanilla shell is required. Preferred cotenants include tourist based or entertainment retailers. Preferred demographics include a population of 200,000 within 10 miles earning $70,000 as the average household income. Major competitors include Zumiez, Tillys, Hollister and Pacific Sunwear.
Costco Wholesale Joseph Montesano c/o Northwest Atlantic 107 Mill Plain Road, Suite 304 Danbury, CT 06811 203-628-7900 Ext. 343 Email: joe@northwestatlantic.com Web site: www.northwestatlantic.com
Wholesale Club The 649-unit chain operates locations nationwide and in Canada and internationally. The wholesale clubs occupy spaces of 148,000 sq.ft. in freestanding locations. Growth opportunities are sought nationwide and internationally during the coming 18 months. Preferred demographics include a population of 200,000 within 20 miles earning $65,000 as the average household income. Major competitors include Sam’s Club and BJ’s Wholesale Club.
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 18, 2014
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SPACE PLACE California
California
Florida
Chino – Spaces from 720 sq.ft. to 20,150 sq.ft. are available at the intersection of Central Avenue and Walnut Avenue. Cotenants include Walgreens and Starbucks. Area demographics include a population of 412,379 within five miles earning $75,782 as the average household income. The average daily traffic count is 51,000 vehicles. Reseda – A center located along Sherman Way, has a space of 1,125 sq.ft. available. Area retailers include Check Into Cash, Chevron and Fallas Discount Store. Area demographics include a population of 491,627 within five miles earning $83,702 as the average household income. For more information regarding the Chino property, contact George Ross or Mindy Allen, illi Commercial Real Estate, 17547 Ventura Boulevard, Suite 304, Encino, CA 91316; 818-501-2212 Ext, 115/103, Fax 818-501-2202; Email: george@illicre.com; Web site: www.illicre.com. For more information regarding the Reseda property, contact Todd Nathanson or Sam Aaron; Ext. 101/116; Email: todd@illicre.com.
136,291 within three miles earning $81,973 as the average household income. Laguna Hills – The Row, located along Avenida de la Carlota, has spaces from 4,000 sq.ft. to 24,190 sq.ft. available. Cotenants include Sit N’ Sleep, Lamps Plus, Ortho Mattress, Easy Life Furniture and Big Air Trampoline. Area demographics include a population of 271,540 within five miles earning $108,477 as the average household income. For more information regarding Grand Plaza, contact Terry Bortnick, Daniel Firtel or Nick Ritch, Argent Retail Advisors, 888-301-1888 Ext. 2/3/5; Email: tbortnick@argentretailadvisors.com. For more information regarding The Row, contact Terry Bortnick or Daniel Firtel.
Clermont – A center located at the intersection of US Highway 27 and Glenbrook Boulevard, has a space of 38,144 sq.ft. available for sublease. Cotenants include Auto Zone and CVS. Area retailers include Publix, Lowe’s and Walmart Supercenter. Area demographics include a population of 62,685 within five miles earning $75,512 as the average household income. The average daily traffic count is 35,500 vehicles. Sebring – DeSoto Square, located at the intersection of US Highway 27 and DeSoto Road, has spaces from 900 sq.ft. to 3,750 sq.ft. available. Cotenants include Sweetbay, Subway, Radio Shack, Family Dollar, Uptown Music and China One. Area demographics include a population of 34,358 within five miles earning $43,284 as the average household income. The average daily traffic count is 31,000 vehicles. Tampa – A center located along West Gandy Boulevard, has an anchor space of 61,000 sq.ft. available. Cotenants include YouFit, Family Dollar, Amscot and Sally Beauty Supply. Area demographics include a population of 116,461 within five miles earning $88,519 as the average household income. For more information, contact Brian Bern or Ryan Derriman, Franklin Street Real Estate, 500 North Westshore Boulevard, Suite 750,
Corona – Grand Plaza, intersection of Grand 6th Street, has spaces demographics include a
located at the Boulevard and available. Area population of
Northridge – Northridge Shopping Center, located at the intersection of White Oak Avenue and Roscoe Boulevard, has spaces of 980 sq.ft. and 1,950 sq.ft. available, which can be combined. Cotenants include 7-Eleven, Dollar Tree and Uncle Louie G’s Italian Ice Cream. For more information, contact Izzy Basharel, BRC Advisors, 11672 Ventura Boulevard, Suite 330, Encino, CA 91436; 818-399-4268, Fax 818-698-0329; Email: izzy@izzyland.com; Web site: www.izzyland.com.
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SPACE PLACE Florida
Florida
Illinois
Tampa, FL 33609; 813-658-3343/3359, Fax 813-839-7330; Email: brian.bern@franklinst.com; Web site: www.franklinst.com.
Clips, Miracle Ear, Subway, Pizza Hut and You Say When Yogurt. Area demographics include a population of 234,543 within five miles earning $49,408 as the median household income. The average daily traffic count is 56,347 vehicles. For more information, contact Tracy Worrell, Crossman & Co., 855-423-5400; Email: tworrell@crossmanco.com; Web site: www.crossmanco.com.
Channahon – A neighborhood center located along West Eames, has spaces available. Cotenants include Kiddie Kampus. Area demographics include a population of 40,858 within five miles earning $91,713 as the average household income. For more information, contact Marielee Macapagal, Caton Commercial Real Estate Group, 16106 Route 59, Unit 100, Plainfield, IL 60586; 312-520-1816, Fax 815-439-3370; Email: marielee@catoncommercial.com; Web site: www.catoncommercial.com.
Lakeland – A divisible 4,000 sq.ft. freestanding building is available along US Highway 98 North. Area retailers include Walmart Supercenter. Area demographics include a population of 97,213 within five miles earning $52,197 as the average household income. The average daily traffic count is 32,000 vehicles. For more information, contact Real Property Specialists, Inc., 407-8128000, Fax 407-812-8885; Web site: www.realpropertyspecialists.com. Miami – Calusa Centre, a 37,000 sq.ft. strip center located at the intersection of 112th Street and 137th Avenue, has spaces of 1,241 sq.ft. and 1,654 sq.ft. available. Cotenants include Advance Auto, Burger King and Chuck Wagon Restaurant. Area demographics include a population of 380,077 within five miles earning $73,087 as the average household income. The average daily traffic count is 50,000 vehicles. Pembroke Pines – Chapel Trail Plaza, a 100,000 sq.ft. center located at the intersection of Pines Boulevard and NW 184th Avenue, has spaces of 2,300 sq.ft. and 3,500 sq.ft. available. Cotenants include LA Fitness, McDonald’s, The UPS Store, T-Mobile and Pizza Hut. Area demographics include a population of 80,180 within three miles earning $105,383 as the average household income. For more information, contact Alexander Espinola, Investment Management Associates, Inc., 1575 San Ignacio Avenue, Suite 400, Coral Gables, FL 33146; 305661-0110, Fax 305-6611-7803; Email: aespinola@ima-realestate.com; Web site: www.ima-realestate.com. Miami Beach – A 4,450 sq.ft. ground floor space is available along Collins Avenue. Area retailers include Victoria’s Secret, Aldo, Sephora, Kenneth Cole, Guess, Armani A|X, Gap and Quiksilver. For more information, contact Sara Wolfe, Koniver Stern Group, 1665 Washington Avenue, Miami Beach, FL 33139; 305-532-6100 Ext. 244; Email: sara@koniversterngroup.com; Web site: www.koniversterngroup.com. Tampa – Westgate Shopping Center, a 100,200 sq.ft center located at the intersection of Gunn Highway and Anderson Road, has a space of 5,072 sq.ft. available. Cotenants include Publix, Dollar Tree, Great Dealmakers Magazine | www.dealmakers.net
Georgia Hinesville – A freestanding former Blockbuster is available at the intersection of EG Miles Parkway and General Screven Way. Area retailers include Arby’s, Little Caesar’s, Hardees, Verizon Wireless, Bank of America and CVS. The average daily traffic count is 18,550 vehicles. The asking rent is $17 psf. For more information, contact Jimmy Shanken, CBC Holtzman Realtors, 730 General Stewart Way, Hinesville, GA 31313; 912-977-4733, Fax 912-368-6700; Email: jshanken@cbcworldwide.com; Web site: www.fortstewarthomefinder.com. Tifton – A 52,600 sq.ft. center located at the intersection of Virginia Avenue North and West 8th Street, has a space of 1,000 sq.ft. available. Cotenants include Publix, Fast Copy and Blueprint, Cuts by Us, La Berry Frozen Café and Luxury Nail. Area demographics include a population of 28,521 within five miles earning $46,348 as the average household income. The average daily traffic count is 7,850 vehicles. For more information, contact Sherri Mann, Crossman & Co., 404-514-3517; Email: smann@crossmanco.com; Web site: www.crossmanco.com.
Idaho Lewiston – Southgate Plaza, a 100,000 sq.ft. center located at the intersection of Bryden Avenue and 6th Street, has spaces from 3,000 sq.ft. to 47,000 sq.ft. available. Cotenants include Bawa Smoke Shop, Pizza Time and Moxie Hair Salon. Area demographics include a population of 32,118 within three miles earning $55,317 as the average household income. The average daily traffic count is 20,000 vehicles. For more information, contact Linda Joyner-Jones, Results Realty, 931 6th Street, Clarkston, WA 99403; 208305-7400, Fax 208-758-0144; Email: lindajoyner-jones@live.com; Web site: www.lindajoyner-jones.com.
Bedford Park – Fretter Plaza, located along Cicero Avenue, has an inline space of 1,800 sq.ft. available, along with a 2,400 sq.ft. endcap. Cotenants include Big Lots, Hancock Fabrics, Bargains, Subway and Americash. The average daily traffic count is 43,700 vehicles. For more information, contact Leo Solarte, Greenstone Partners, 228 South Wabash Avenue, Suite 420, Chicago, IL 60604; 312-702-0146, Fax 312-277-1061; Email: leo@greenstone-partners.com. Chicago – A 2,264 sq.ft. freestanding building is available along Clybourn Avenue. Area retailers include LA Fitness, Barnes & Noble and Regal Cinema. For more information, contact Gwen Callans, Atlas Partners, LLC, 55 East Monroe Street, Suite 2910, Chicago, IL 60603; 312516-5705; Email: gwen@atlaspartners.com; Web site: www.atlaspartners.com. Chicago – A 1,065 sq.ft. ground floor space is available along North Halsted Street. Area retailers include Briar Street Theater, Starbucks, Marshalls and DSW. Area demographics include a population of 93,069 within one mile earning $100,182 as the average household income. The asking rent is $30 psf NNN. For more information, contact Ari Topper, Jameson Real Estate Commercial, 312-224-9208, Fax 312-612-1114; Email: atopper@jameson.com; Web site: www.jamesoncommercial.com. Glendale Heights – Meadowbrook Shopping Center, a 21,000 sq.ft. center located along East Army Trail Road, has two spaces 1,500 sq.ft. available, along with a space of 2,700 sq.ft. The average daily traffic count 30,000 vehicles. The asking rent is $15 psf NNN. For more information, contact Joseph Santucci or Carlo Santucci, Avalon Realty Associates, LLC, 3315 Algonquin Road, Suite 600, Rolling Meadows, IL 60008; 847-5061000 Ext. 5140/5132; Email: jcs@avalonreal.com. (continued on page sixteen)
April 18, 2014 | Page 15
SPACE PLACE Illinois (continued from page fifteen)
Lake Zurich – A center located at the intersection of Rand Road and Route 22, has an endcap with a drive-thru available. Area retailers include Jewel-Osco, Costco Wholesale, Petco, Party City, Trader Joe’s, Office Max, Walmart, T.J. Maxx, The Home Depot and JoAnn Fabrics. Area demographics include a population of 84,292 within five miles earning $139,395 as the average household income. The average daily traffic count is 60,000 vehicles. For more information, contact Paige Winkels, Mid-America Asset Management, Inc., One Parkview Plaza, 9th Floor, Oakbrook Terrace, IL 60181; 630-954-7221; Email: pwinkels@midamericagrp.com.
Maryland Columbia – A center located at the intersection of Snowden River Parkway and Carved Stone Road, has spaces form 1,500 sq.ft. to 3,500 sq.ft. available. Cotenants include Starbucks and Three Brothers Italian Restaurant. Area demographics include a population of 187,206 within five miles earning $92,496 as the median household income. For more information, contact Lee Engle, Streetsense, 240-479-7207; Email: lengle@streetsense.com; Web site: www.streetsense.com.
Massachusetts Wareham – Wareham Crossing, a 675,000 sq.ft. center located along Cranberry Highway, has a space of 20,044 sq.ft. available. Cotenants include Target, Lowe’s, T.J. Maxx, Michaels, Staples, Petco, DSW, JC Penney, Dress Barn and rue 21. Area demographics include a population of 87,779 within ten miles earning $63,720 as the median household income. For more information, contact Mike Segel or Brian Nadler, National Commercial Brokers, Inc., 381 Elliot Street, Suite 185L, Newtown Upper Falls, MA 02464; 617243-0222, Fax 617-243-0277; Email: mike@nationalcommercial.com; Web site: www.nationalcommercial.com.
New Jersey Brick – Bay Harbor Plaza, a 162,000 sq.ft. center located at the intersection of Brick Boulevard and Hooper Avenue, has spaces of 4,000 sq.ft. and 7,500 sq.ft. available, along with a pad site. Cotenants include AC Moore, Burlington Coat Factory, Stop & Shop, Dots, Payless Shoe Source, Aaron’s Page 16 | April 18, 2014
New Jersey
New York
and Azzurro Pizza. Area demographics include a population of 151,961 within five miles earning $83,265 as the average household income. For more information, contact Fidelity Properties, LLC, 641 Shunpike Road, Chatham, NJ 07928; 973-966-2800, Fax 973-966-6161; Web site: www.fidelityland.com.
Chavelas, Franklin Roadhouse, Sushi Tatsu, Dutch Boy Burger, Gueros and Breukelen Coffee House. The asking rent is $30 psf. Also – A 9,596 sq.ft. ground floor space, and a 9,595 sq.ft. second floor space, are available at the intersection of 4th Avenue and Carroll Street. Area retailers include Dinosaur BBQ, Brooklyn Boulders, ZuZu Ramen, Whole Foods, Brownstone Bagel and Canteen. The average daily traffic count is 28,191 vehicles along 4th Avenue. For more information, contact Ryan Condren, Kristin Triglia or George Danut, CPEX Real Estate, 81 Willoughby Street, 8th Floor, Brooklyn, NY 11201; 718-6874212/4206/4220, Fax 718-935-1822; Email: rcondren@cpexre.com; Web site: www.cpexre.com.
Glassboro – Collegetown Shopping Center, a 250,515 sq.ft. center located at the intersection of Donald Barger Boulevard and Route 47, has spaces of 960 sq.ft., 2,100 sq.ft., 3,200 sq.ft. and 5,217 sq.ft. available. Cotenants include Kmart, LA Fitness, Staples, Pep Boys, Dollar Tree, Radio Shack, Subway, GNC and Game Stop. Area demographics include a population of 102,850 within five miles earning $94,430 as the average household income. Marlton – Marlton Crossing, a 333,255 sq.ft. center located at the intersection of Route 73 and Marlton Pike, has spaces of 2,290 sq.ft., 2,725 sq.ft. and 4,094 sq.ft. available. Cotenants include Burlington Coat Factory, T.J. Maxx, Home Goods, DSW, Michaels, Five Below, Carter’s, Justice, GNC, Payless Shoe Source and Five Guys Famous Burgers & Fries. Area demographics include a population of 163,271 within five miles earning $112,190 as the average household income. For more information, contact Dina Berlin, Brixmor, One Fayette Street, Suite 150, Conshohocken, PA 19428; 610-834-7407; Email: dina.berlin@brixmor.com; Web site: www.brixmor.com. Westfield – A 1,911 sq.ft. street level space is available at the intersection of Central Avenue and Broad Street. Area retailers include Gap, Starbucks, The Children’s Place, Ann Taylor, Claire’s, Coach, Victoria’s Secret, Lucky Brand Jeans and Urban Outfitters. For more information, contact Michael Friedman, Inline Realty, Inc., 35-11 36th Street, Suite 401, Astoria, NY 11106; 718746-4900; Email: michael@inlinerealtyinc.com.
New York Brooklyn – An 800 sq.ft. ground floor space, with a 1,000 sq.ft. basement, and an 1,100 sq.ft. backyard, are available along Court Street, between Amity Street and Congress Street. Area retailers include Trader Joes, Urban Outfitters, Barneys Co-Op, PetSmart, Chipotle, Starbucks, Lululemon, Lucky Brand Jeans and Bareburger. Also – An 11,000 sq.ft. ground floor space is available along Dean Street, between Classon Avenue and Franklin Avenue. Area retailers include
Ohio Dayton – Airway Shopping Center, a 218,814 sq.ft. center located at the intersection of Airway Road and Woodman Drive, has spaces of 1,500 sq.ft. and 26,000 sq.ft. available. Cotenants include Big Lots, Auto Zone, Rite Aid, Planet Fitness, Aldi, Firestone, Big Bob’s Flooring Outlet, McDonald’s, Arby’s, Long John Silver’s, LA Tan and PNC Bank. Area demographics include a population of 194,000 within five miles earning $54,000 as the average household income. For more information, contact Dan Henthorn, The Mid-America Management Corp., 987 East Ash Street, Suite 169, Piqua, OH 45356; 937-773-1225, Fax 937-7731382; Email: dhenthorn@midamco.com; Web site: www.midamco.com. Willoughby Hills – A 4,322 sq.ft. building, situated on a land area of 1.67 acres, is available at the intersection of Bishop Road and Chardon Road. Area retailers include McDonald’s, BP, Eddy’s Bike Shop and Appliance & Mattress Discounters. Area demographics include a population of 300,712 within seven miles earning $60,092 as the average household income. For more information, contact Steve Passov, Passov Real Estate Group, 216-8318100; Email: spassov@passovgroup.com.
Pennsylvania Manayunk – A 2,000 sq.ft. street level space is available along Main Street. Area retailers include Han Dynasty, Taqueria Feliz, Nicole Miller, Beans Beauty, Greene Street Consignment and Starbucks. Philadelphia – A 3,663 sq.ft. first floor space is available Dealmakers Magazine | www.dealmakers.net
SPACE PLACE Pennsylvania
Texas
Texas
along Walnut Street. Area retailers include El Vez, Barbuzzo, Lolita, Sampan, Zavino and Modern Eye. Area demographics include a population of 180,000 earning $93,126 as the average household income. For more information, contact Laurence Steinberg, CBRE, Inc., 1425 Walnut Street, Suite 200, Philadelphia, PA 19102; 215557-0050; Email: larry.steinberg@cbre.com; Web site: www.cbre.com.
Dallas – A 23,500 sq.ft. freestanding building is available at the intersection of West Wheatland Road and Interstate 20. Area demographics include a population of 225,897 within five miles earning $61,384 as the average household income. The asking rent is $11 psf. For more information, contact Carlos Solares, Gretna Green Management Corp., 433 North Camden Drive, 4th Floor, Beverly Hills, CA 90210; 310-475-5151, Fax 310475-4002; Email: csolares@ggmcc.com; Web site: www.ggmcc.com.
Houston – Eldridge Town Center, located at the intersection of FM 1960 and Eldridge Parkway, has spaces available. Cotenants include Krogers, Kohl’s, Petco, GNC, Panera Bread and Jack in the Box. Area demographics include a population of 250,279 within five miles earning $83,086 as the average household income. For more information, contact Glenn Dickerson, New Quest Properties, 8827 West Sam Houston Parkway North, Suite 200, Houston, TX 77040; 281-477-4384; Email: gdickerson@newquest.com.
Philadelphia – A 1,400 sq.ft. ground floor space, and a 1,000 sq.ft. lower level space, are available along North 23rd Street. Area retailers include Rembrandt’s, London Grill, Rybread, La Calaca Feliz, The Bishop’s Collar, Zorba’s Tavern and CVS. Also – The Piazza at Schmidt’s & Liberties Walk, located at the intersection of Germantown Avenue and North 2nd Street, has spaces from 400 sq.ft. to 20,000 sq.ft. available. Cotenants include Vespa, Gunners Run, Darling’s Diner, Kings Oak, El Camino Real and I-G Creative. For more information regarding the 23rd Street property, contact Douglas Green or Brittany Goldberg, Michael Salove Co., 215-568-2600 Ext. 718/723; Email: dgreen@salove.com. For more information regarding The Piazza at Schmidt’s & Liberties Walk, contact Jacob Cooper or Michael Salove, 215-568-2600 Ext. 714/717; Email: jcooper@salove.com.
Texas Austin – North Park Shopping Center, a 115,747 sq.ft. center located at the intersection of North Lamar Road and Rutland Drive, has spaces from 1,056 sq.ft. to 20,824 sq.ft. available. Area demographics include a population of 132,625 within three miles earning $53,419 as the average household income. The asking rent ranges from $14 to $26 psf NNN. San Marcos – San Marcos Plaza, located at the intersection of Highway 80 and River Road, has spaces of 1,000 sq.ft. and 1,200 sq.ft. available. Area retailers include Hobby Lobby, Dairy Queen, Hastings, Half Price Books and CVS. Area demographics include a population of 55,428 within five miles earning $47,200 as the average household income. The asking rent ranges from $15 to $20 psf. For more information regarding North Park Shopping Center, contact Cole Brodhead or Jerel Choate, Retail Solutions, 512-4745557; Email: cole@retailsolutions.us. For more information regarding San Marcos Plaza, contact David Schoenemann or Preston Wolfe; Email: dls@retailsolutions.us. Dealmakers Magazine | www.dealmakers.net
(continued on page eighteen)
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www.tenantsearch.com | 1.800.732.5856 April 18, 2014 | Page 17
SPACE PLACE Texas
Virginia
Virginia
Nacogdoches – Nacogdoches Marketplace, a 365,000 sq.ft. center located at the intersection of North Street and Stallings Drive, has spaces from 1,200 sq.ft. to 2,300 sq.ft. available, along with a 15,000 sq.ft. endcap. Cotenants include Bealls, Staples, Maurice’s, It’s Fashion, Shoe Show and Radio Shack. The average daily traffic count is 38,000 vehicles. For more information, contact Harold Fry, Hauck Holdings, Ltd., 4334 GlendaleMilford Road, Cincinnati, OH 45242; 513733-3300 Ext. 203; Email: hsf@hauckco.com.
Arlington – Williamsburg Shopping Center, located at the intersection of Williamsburg Boulevard and North Sycamore Street, has a space of 1,540 sq.ft. available. Area demographics include a population of 164,128 within three miles earning $173,880 as the average household income. For more information, contact Joseph Farina or Brandon Howard, Divaris Real Estate, Inc., 11820 Parklawn Drive, Suite 404, Rockville, MD 20852; 301-6370957/2696; Email: jfarina@divaris.com; Web site: www.divaris.com.
an 84,094 sq.ft. center located at the intersection of Ironbridge Road and Beach Road, has spaces of 1,600 sq.ft. and 1,855 sq.ft. available. Area demographics include a population of 71,089 within five miles earning $78,874 as the average household income. The average daily traffic count is 24,175 vehicles. For more information, contact Ellen Long or Clint Greene, Taylor Long Properties, 10142 West broad Street, Glen Allen, VA 23060; 804-864-9788 Ext. 101/104, Fax 804-864-9789; Web site: www.taylorlongproperties.com.
San Antonio – A center located at the intersection of Basse Road and Blanco Road, has a space of 1,200 sq.ft. available. Area demographics include a population of 135,555 within three miles earning $58,244 as the average household income. For more information, contact Silvia Gangel, SiGa International Commercial Real Estate, 70 NE Loop 410, Suite 560, San Antonio, TX 78216; 210650-0380, Fax 210-650-5630; Email: sgangel@sigainternational.com.
Charlottesville – Albemarle Square, a 187,773 sq.ft. center located at the intersection of Route 29 North and Rio Road, has spaces available, along with outparcels. Cotenants include The Fresh Market, ACAC Fitness and Wellness Center, AAA, Little Caesar’s, H&R Block, Legend Sports, Chandler’s Bakery and Taste of China. Area demographics include a population of 130,282 within ten miles earning $78,828 as the average household income. Chesterfield – Courthouse Commons,
Washington
(continued from page seventeen)
Colville – Spaces from 600 sq.ft. to 5,000 sq.ft. are available at the intersection of Tiger Highway, Main Street and Oak Street. The average daily traffic count is 12,000 vehicles. For more information, contact Avrum Baum, AT Creek II, LLC, 1512 McFarlane Road, Colville, WA 99114; 509-684-6323; Email: allbaum@msn.com; Web site: www.atcreek.com. DM
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