Reporting The Nation’s Weekly News on Retailing & Retail Real Estate
Volume XXVII No. XVII
April 27, 2012
Apparel Chains Expand Nationwide J. Crew, Inc. trades as J.Crew, J.Crew Factory, Crewcuts and Madewell at 363 locations nationwide. Crewcuts prefers to occupy spaces of 2,000 sq.ft. to 3,000 sq.ft., Madewell prefers to occupy spaces of 3,500 sq.ft. to 4,000 sq.ft. and J.Crew and J.Crew Factory prefer to occupy spaces of 5,000 sq.ft. to 6,000 sq.ft. in malls, lifestyle and specialty centers, as well as urban/ downtown areas. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run five years with two, five-year options. Preferred cotenants include Ralph Lauren, Ann Taylor, Neiman Marcus, Nordstrom, Banana Republic, Abercrombie & Fitch, Gap and Talbot’s. Preferred demographics include a population of 200,000 within 10 miles earning $75,000 as the average household income. For more information, contact Holly Cohen, J. Crew, Inc., 770 Broadway, 10th Floor, New York, NY 10003; 212-209-2719, Fax 212-2094705; Email: holly.cohen@jcrew.com; Web site: www.jcrew.com. Black Tie Tuxes, Inc. trades as Black Tie Tuxes at 11 locations throughout IL. The stores, offering men’s formal wear, utilize 1,500 sq.ft. to 2,000 sq.ft. in strip centers. Growth will take place in the Chicagoland area of IL during the coming 18 months. For more information, contact Ken Blank, Black Tie Tuxes, Inc., 5433 West 95th, Oak Lawn, IL 60453; 708-349-9580, Fax 708349-9570; Web site: www.blacktietuxes.com.
Le Roy’s Shoes and Clothing, Inc. trades as Le Roy’s Board Shops at nine locations throughout CA. The stores, offering snowboarding apparel and related items, occupy spaces of 4,000 sq.ft. to 10,000 sq.ft. in freestanding locations, strip centers and downtown areas. Growth opportunities are sought throughout southern CA during the coming 18 months. The company prefers to acquire sites. For more information, contact David Le Roy, Le Roy’s Shoes and Clothing, Inc., PO Box 2834, Big Bear Lake, CA 92315; 909-866-7573, Fax 909-866-1084; Email: bigwavedave49@yahoo.com; Web site: www.leroyboardshops.com. Cache, Inc. trades as Cache at 275 locations nationwide. The stores, offering accessories and lifestyle sportswear and dresses for women ages 25 to 45, occupy spaces of 2,000 sq.ft. in lifestyle centers and regional malls. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run 10 years. Preferred cotenants include Bloomingdale’s, Neiman Marcus, Nordstrom and Saks Fifth Avenue. The company is site selective and prefers to locate in affluent areas. For more information, contact Dawn Balopole, Cache, Inc., 1440 Broadway, 5th Floor, New York, NY 10018; 614-939-5177, Fax 614-9395189; Web site: www.cache.com. (continued on page nine)
This issue contains information on:
* Retailers operating 50,024 locations with plans to open 2,457 sites * Real estate valued in excess of $123 million to be bought, sold & financed * Leasing activity on over 3.7 million sq.ft. of retail properties
Important News Please Expedite
Postmaster: Periodical
Featuring Retailer One on One Conference New Construction Kite Realty Group preps to open Publix-anchored center in Delray Beach, FL............... Pg. 3 Buyers & Sellers Schaffer & Associates acquiring power centers in the southeastern states........... Pg. 4 Who’s Opening and Where Five Below projects 50 new locations this year.................. Pg. 6 Gold Max expects to increase its store count by 100 units.... Pg. 6 Food Retailers Expand Yuzu Frozen Yogurt anticipates up to 10 openings in southeastern FL.................. Pg. 8 Exclusives Gulf Coast Commercial is repping Ryuu Japanese Steak House in western FL.............. Pg. 10 Lease Signings Neal Realty & Investment, Inc. inks deal with Save-A-Lot in Oakland Park, FL............... Pg. 12 Lead Sheet Stein Mart focused west of the Mississippi River.................... Pg. 14 Sports Clips plans 200 new units...................................... Pg. 14 Omega Sports to enter the SC and VA markets..................... Pg. 16 Space Place........................... Pg. 18
For more news go to: www.dealmakers.net Mobile Access Code: retailer1on1