Dealmakers Magazine | April 20, 2012

Page 1

Reporting The Nation’s Weekly News on Retailing & Retail Real Estate

Volume XXVII No. XVI

April 20, 2012

Home-Related Chains Expand Nationwide Northern Tool & Equipment Co., Inc. trades as Northern Tool & Equipment at 74 locations throughout FL, GA, IA, KS, MN, NC, ND, OK, SC, SD, TN, TX, VA and WI. The stores, offering power and hand tools, as well as electrical, automotive and outdoor products, occupy spaces of 15,000 sq.ft. in freestanding locations and power and strip centers. Growth opportunities are sought throughout AL, AR, CO, FL, GA, IA, IL, IN, KS, KY, LA, MN, MO, MS, NC, ND, NE, NM, OK, TX, VA and WI during the coming 18 months. Typical leases run 10 years. Preferred demographics include a population of 350,000 within 30 miles earning $48,000 to $80,000 as the average household income. A land area of two acres is required for freestanding locations. For more information, contact Brent Obert or Duane Boris, Northern Tool & Equipment Co., Inc., 2800 Southcross Drive West, Burnsville, MN 55306; 952-808-6629/ 952-895-6809, Fax 952-641-2503; Emails: brent.obert@northerntool.com and duane.boris@northerntool.com; Web site: www.northerntool.com. The company is also represented by Clay Mote at Venture Commercial, 214-378-1212; Email: cmote@venturedfw.com. Plow & Hearth operates 16 locations throughout MD, NC, PA and VA. The stores, offering home and garden products and accessories including rugs, lamps, curtains and furniture, as well as footwear and apparel, occupy spaces of 5,500 sq.ft. to 6,500 sq.ft. in lifestyle centers. Growth

opportunities are sought throughout the midAtlantic and northeastern regions of the U.S. during the coming 18 months, with representation by Winick Realty Group. Major competitors include Home Depot. The company prefers to locate in affluent areas with high traffic counts. For more information, contact Jeff Winick or Bob Weber, Winick Realty Group, 655 Third Avenue, 8th Floor, New York, NY 10017; 212-792-2600, Fax 212-792-2660; Emails: jeff@winick.com and bweber@winick.com; Web site: www.winick.com. Old Time Pottery operates 28 locations throughout AL, FL, GA, IL, IN, KY, LA, MO, MS, NC, OH, SC, TN and TX. The stores, offering linens and rugs, glassware, dinnerware, framed artwork, mirrors and lamps, as well as home décor items and season decorations, occupy spaces of 45,000 sq.ft. to 80,000 sq.ft. in freestanding locations and power and strip centers. Growth opportunities are sought throughout FL, KY, LA, MS, NC, SC, TX and VA during the coming 18 months, with representation by Trademark Properties, Inc. Typical leases run 10 years. A vanilla shell and specific improvements are required. Preferred demographics include a population of 300,000 within 10 miles. For more information, contact Todd Snyder, Trademark Properties, Inc., PO Box 1230, Pensacola, FL 32591; 850-434-1173, Fax 850434-0656; Email: ths@trademarkprop.com; Web site: www.oldtimepottery.com. (continued on page eight)

This issue contains information on:

* Retailers operating 91,987 locations with plans to open 1,919 sites * Real estate valued in excess of $72 million to be bought, sold & financed * Leasing activity on over 4.3 million sq.ft. of retail properties

Important News Please Expedite

Postmaster: Periodical

Featuring ICSC Central California Idea Exchange New Construction Armstrong Development Properties is leasing retail projects in CO and TX........... Pg. 3 Buyers & Sellers Mid-America Real Estate brokered the sale of a T.J. Maxx- anchored center in MI Pg. 4 Who’s Opening & Where Whole Foods Market grows a store in Brooklyn, NY............ Pg. 5 Donatos Pizzeria plans to enter TN................................ Pg. 5 Chico’s FAS anticipates 120 plus openings annually.......... Pg. 5 Food Retailers Expand The Burger Joint to enter the GA, IL, MA, NC, PA and TX markets.................................. Pg. 6 In the News Present Value Properties names Kolb as director of real estate..................................... Pg. 7 Lease Signings The Howard Group inks five deals in Queensbury, NY....... Pg. 7 Exclusives National Commercial Brokers is repping Maurices in select markets of New England........ Pg. 8 Leadsheet Mardel plans to enter the LA market................................... Pg. 9 Games Workshop projects 40 openings nationwide............. Pg. 11 Space Place........................... Pg. 14

For more news go to: www.dealmakers.net Mobile Access Code: cca042012


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