Reporting The Nation’s Weekly News on Retailing & Retail Real Estate Volume XXIX No. XVII
May 2, 2014
FEATURING APPAREL CHAINS EXPAND NATIONWIDE Rainbow operates more than 1,200 locations nationwide and in Puerto Rico and the Virgin Islands. The stores, offering women’s apparel in juniors and plus-sizes, as well as footwear and accessories, occupy spaces of 6,000 sq.ft. to 15,000 sq.ft. in malls, strip centers and downtown areas. Growth opportunities are sought throughout the Hudson Valley area and upstate NY, as well as in western PA during the coming 18 months, with representation by Flaum Management Co., Inc. Preferred cotenants include supermarkets, apparel, discount and department stores. For more information, contact Scott Burdett, Flaum Management Co., Inc., 400 Andrews Street, Suite 500, Rochester, NY 14604; 585-546-4866, Fax 585-325-6058; Email: sburdett@flaummgt.com; Web site: www.rainbowshops.com. Men’s Wearhouse operates 1,120 locations nationwide. The menswear stores occupy spaces of 4,500 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout central and western VA during the coming 18 months, with representation by Divaris Real Estate, Inc. For more information, contact Brett McNamee, Divaris Real Estate, Inc., 1111 East Main Street, Suite 801, Richmond, VA 23219; 804-643-4700, Fax 804-643-4770; Email: bmcnamee@divaris.com; Web site: www.divaris.com.
rue 21 operates more than 1,000 locations nationwide in 47 states. The stores, offering apparel and accessories for young men and women, occupy spaces of 4,500 sq.ft. to 5,500 sq.ft. in outlet, power and strip centers. Growth opportunities are sought throughout MD, VA and Washington, DC during the coming 18 months, with representation by Next Realty Mid Atlantic, LLC. For more information, contact Ray Schupp or Bryan Davis, Next Realty Mid-Atlantic, LLC, 1750 Old Meadow Road, Suite 250, McLean, VA 22102; 703-442-4500, Fax 703-442-8818; Email: rschupp@nextrealty.com; Web site: www.nextrealty.com. Destination XL operates 105 locations throughout AZ, CA, CT, GA, IL, IN, MD, NV, NY, OH, PA, RI, TN, UT and VT. The stores, offering apparel, footwear and accessories for tall and large men, occupy spaces of 3,500 sq.ft. to 9,000 sq.ft. in freestanding locations, power centers and downtown areas. Growth opportunities are sought throughout CT and western MA during the coming 18 months, with representation by Sullivan Hayes Cos. For more information, contact Andrew Grocki, 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. (continued on page fourteen)
THIS ISSUE CONTAINS INFORMATION ON: • Retailers operating 32,719 locations with plans to open 2,129 sites • Real estate valued in excess of $150 million to be bought, sold & financed • Leasing activity on over 5 million sq.ft. of retail properties WS Postmaster: Periodical T NE E N A T R DIT IMPO SE EXPE A PLE
NATIONAL FOCUS New Construction Ferrara Jerum is developing a mixed-use site in Bridgeport, CT with Bass Pro Shops as the anchor Pg. 4 Who’s Opening and Where Kiddie Academy to open up to 20 units annually................................ Pg. 5 Express to open factory outlet stores nationwide.......................... Pg. 5 Food Chains Expand World of Beer looks to expand in the southern states......................... Pg. 6 Buyers and Sellers CBRE closes $41 million sale of a shopping center in CA................... Pg. 7 Sources of Financing Johnson Capital negotiated financing for a strip center in CA..... Pg. 8 Making the News Rittenhouse Realty Advisors appoints George D. Johnson as president and CEO of the firm’s new division.................................. Pg. 8 Lease Signings Goodman Real Estate Services Group negotiated a lease with Pet Supplies Plus in Stow, OH............. Pg. 8 Lead Sheet Five Below projected to open 100 stores............................................. Pg. 10 Retro Fitness looks for sites nationwide.................................... Pg. 11 Lifeway Christian to open eight sites nationwide............................. Pg. 12 Tenant Reps Sabre Real Estate Group is representing Chili’s with expansion opportunities throughout Long Island and the outer boroughs of New York, NY............................... Pg. 14 Space Place................................... Pg. 15
18+ Million Square Feet NEW YORK Bellport BJ’s Shopping Center Sunrise Hwy. & Station Rd. 87,788 SF GLA
northeast MASSACHUSETTS Billerica Shops at Billerica Boston Rd. (Rte. 3A) & Tower Farm Rd. Kmart, Burlington Coat, Market Basket 275,000 SF GLA / Anchor Space Available Lowell Meadow Brook Center Plain Street & Lowell Connector Target, Marshalls, Chuck E. Cheese Pad Site Available 271,377 SF GLA Milford Kmart Shopping Center Medway St. & Beaver St. @ I-495 Kmart, Dollar Tree 140,470 SF GLA Future Expansion Space Available NEW JERSEY Marlton (Evesham) Tri-Towne Plaza Route 70 & Plymouth Dr. 176,519 SF GLA Anchor Space Available Redevelopment Underway Mt. Olive Vacant Land - 16.963 Acres Adjacent to Foreign Trade Zone Across from Walmart, Sam’s, TJ Maxx
Glenville/Scotia (Albany) Target Shopping Center Saratoga Rd. (Route 50) & Glenridge Rd. 174,000 SF GLA - In-Line Space Available Lake Ronkonkoma Lake Shore Plaza II Portion Rd. (Co. Rd. 16) & Patchogue-Holbrook Rd. Regal Cinemas, Dollar Tree / 94,826 sf GLA Latham/Colonie (Albany) Freestanding Building Route 7 & Swatling Rd. 118,863 SF GLA Anchor & Outlot Available Monroe/Woodbury Harriman Commons Routes 17 / 6 & Route 32 Walmart, Home Depot, BJ’s, Target 687,716SF GLA Future Phase III Office or Retail Nanuet Home Depot Plaza Route 59 & Hutton Ave. Home Depot, Staples - 250,000 SF GLA Orangetown Orangeburg Commons Route 303 & Palisades Parkway Super Stop & Shop Future Strip, Pads Available
Old Bridge A & P Shopping Center Route 9 & Ferry Rd. 72,060 SF GLA
Stony Point Stony Ridge Plaza Route 9W & Park Rd. US Post Office - 21,212 SF GLA
NEW
Parsippany Whole Foods Shopping Center Route 46 (Bloomfield Ave.) & Cherry Hill Rd. Whole Foods Anchor, In-Line & Pads Available Vineland Vineland Marketplace S. Delsea Dr. (Route 47) & College Dr. New Development Anchor Space / Outlots Available Vineland Kmart Plaza Expansion S. Delsea Dr. (Route 47) & Route 55 Kmart, TD Bank Two Parcels: 4.302 & 4.486 Acres Williamstown Williamstown Shopping Center Black Horse Pike (Route 42) & Main St. CVS, Dollar General 85,000 SF GLA Anchor Space Available NEW
NEW YORK Cortland Future Development Route 13 & Bennie Road 26 Acres across from Walmart
Water Mill (Southampton) Water Mill Shoppes Montauk Hwy. (Rte. 27) & Station Rd. Prime for Specialty Foods & Boutiques
NEW
PENNSYLVANIA Allentown Home Depot Plaza Lehigh St. & Route 78 135,000 SF GLA / 9.82 Acres Available Carlisle Home Depot Shopping Center Hanover Street (Route 34) & I-81 Home Depot, Chili’s 140,715 SF GLA 10,584 SF Future Expansion/Pad Montgomeryville Five Points Plaza Cowpath / Horsham Rd. at Rte 309 & Rte 202 BJ's, Lowe's - Anchor Space Available 133,000 sf GLA NEW
NEW YORK Quakertown NEW New Anchor Space at Richland Marketplace Rt. 309 & Pumping Station Road BJ’s Wholesale Club, Target, Best Buy 444,531 SF GLA PENNSYLVANIA Trexlertown Macungie Crossing Shopping Center Hamilton Blvd. (Route 222) & Grange Rd. Future Strip and Pads
midwest ILLINOIS Downers Grove Marshall’s at The Grove, 75th St. & Lemont Rd. 400,000 SF GLA Anchor Space Available 43,264 SF Niles Golf Glen Mart (Outparcel) Golf Rd. & Dee Rd. Meijer Up to 12,000 SF Outlot, B-T-S INDIANA Evansville Evansville Shopping Center Morgan Ave. & Boeke Rd. Rural King, Dollar General 153,000 SF GLA Indianapolis Pendleton Plaza Pendleton Pike & Shadeland Ave. Rose's Department Store - 134,797 SF GLA Anchor Space & Outlots Available Warsaw The Market Place at Warsaw U.S. Hwy. #30 & Water St. Carson's Dept. Store, Sears, Dunham's, Pier 1 180,000 SF GLA MICHIGAN Flint Former Kmart Dort Hwy.(Rte. 54) & Atherton Hwy. 92,691 SF GLA Grand Blanc Holly Rd. & I-75 Vacant Land / 22 Acres For Sale Livonia Office Depot Plaza Plymouth Rd. & Middlebelt Rd. Office Depot, Party City, Walgreens 108,820 SF GLA Muskegon Muskegon Shopping Center Henry St. & Norton Ave. 187,000 SF GLA Anchor Space Available
200+ Retail Projects MICHIGAN Port Huron Port Huron Shopping Center Howard St. & 24th St. Big Lots, Save-A-Lot, Family Dollar 118,000 SF GLA Anchor Space & Outlot Available
FLORIDA Fern Park Future Shopping Center 26 Acre Jai Alai Redevelopment Site 6405 Hwy. 17/92 & Fernwood Blvd. Near Hwy. 436 - 153,650 SF GLA
NEW
Gainesville NEW Mixed Use Development Grocery Store & Student Housing NW 13th St & University Avenue 26,000 SF Ground Floor Retail 312,498 SF Mixed Use 6-Story Bldg
Sandusky Kmart Shopping Center M-19 & Gates Rd. 176,248 SF GLA - Anchor Space Available Southgate Fort St. & Burns Ave. Vacant Land 9.37 Acres MINNESOTA St. Paul Midway Shopping Center University Ave. & Snelling Ave. Rainbow Foods, Office Max, Walgreens 280,353 SF GLA
Sanford Seminole Centre S Orlando Dr. (Hwy. 17/92) & Lake Mary Blvd. Walmart Supercenter, Ross, Aldi 370,936 SF GLA NEW
MARYLAND Hagerstown Long Meadow Shopping Center Potomac Ave. (Route 60) & Northern Ave. CVS, PA Dutch Market - 243,000 SF GLA Anchor Space/Pad Available
OHIO Ashtabula Home Depot Plaza Route 20 (N. Ridge Rd.) & Orchard Rd. 148,440 SF GLA 18,440 SF Expansion & Pad NEW
Randallstown Brenbrook Plaza Liberty Rd. &Brenbrook Dr. Home Depot - 139,000 SF GLA
Columbus Great Western Commerce Center No. Wilson Rd. & Valleyview Dr. at Broad St. Great Western Academy, Restaurant Depot 300,254 SF GLA Mixed Use Commercial Space
TENNESSEE Hermitage (Nashville) Freestanding Bldg. adjacent to Jackson’s Courtyard Shopping Center 3445 Lebanon Pike 24,040 sf GLA - Redevelopment Opportunity
Holland (Toledo) Dick’s at Spring Meadows Place Airport Hwy. & I-475 Dick’s, Best Buy & Expansion Space
Nashville Marketplace at Rivergate Gallatin Pike (Hwy. 31-E) & Conference Dr. Trees N Trends, Ryan’s Buffet 111,460 SF GLA
NEW
Oregon (Toledo) Vacant Land – 4.645 Acres Dustin Rd. & Isaac Street Dr. 1 block So. of Navarre Ave. (Rte. 2) & Kmart
south
NEW
TEXAS Ft. Worth Westcliff Shopping Center Albertson’s Market, Dollar General Alton Rd. & Biddison St. 133,332 sf GLA
ALABAMA Huntsville NEW Freestanding Walmart South Memorial Parkway & Drake Ave. SW 104,000 SF on 8.1 Acres FLORIDA Fern Park Fern Park Plaza Semoran Blvd. (Hwy. 436) & Hwy. 17/921 Ross, Beall's Outlet, Aldi, Deals 131,646 SF GLA
RDMANAGEMENT LLC
VIRGINIA Richmond Food Lion Plaza Rte. 1 (Jefferson Davis Hwy.) & Chippenham Pky. Outlots Available Winchester Freestanding Building S. Pleasant Valley Rd. & E. Jubal Early Dr. Anchor Space Available 88,479 SF GLA NEW
VIRGINIA Tolleson Freestanding Kmart West McDowell Rd. & North 86th Dr. 86,479 SF GLA WEST VIRGINIA St. Albans St. Albans Center Route 60 & MacCorkle Ave. SW Kmart, Super Kroger, Goody’s, CVS 230,000 SF GLA
west ARIZONA Phoenix Freestanding Barnes & Noble 1035 N. Metro Pkwy. West & 28th Dr. Adjacent to Metro Center Mall 19,360 SF on 1.48 Acres NEVADA Las Vegas Kmart Plaza E. Sahara Ave. & McLeod Dr. 127,754 SF GLA Anchor Space & Pad Available Las Vegas Kmart at Sunset Plaza 3780 E. Sunset Rd. & S. Sandhill Rd. Kmart - 86,479 SF GLA OREGON Salem Kmart Shopping Center Mission Street S. E. & 25th St. 116,866 SF GLA UTAH Salt Lake City 410 S. 900 E. & 400 S. Freestanding Office Max Future Redevelopment
puerto rico PUERTO RICO Arecibo Arecibo Towne Center Routes 2 & 22 Future Development Anchor Position & Outlots Available Ponce Reina del Sur; Outlots at Ponce Towne Center II Rtes. #2 & Baramaya Ave. (Rte. 10) @ PR-52 Walmart Supercenter, Home Depot New Development & Pads 525,000 ± SF GLA
Thomas G. Mirandi 212-265-6600 Ext. 239 Email: tmirandi@rdmanagement.com Fax: 212-459-9133
NEW CONSTRUCTION Royal Properties, Inc. is redeveloping Airmont Plaza, located along Route 59 in Suffern, NY. Anchor spaces of 20,000 sq.ft. to 41,000 are available, along with shop spaces of 1,000 sq.ft. to 14,000 sq.ft. Area retailers include Walmart, ShopRite, Walgreens, Applebee’s, Starbucks, Outback Steakhouse, 7-Eleven, Dunkin’ Donuts, CVS, McDonald’s, Planet Fitness, GameStop and KinderCare. Area demographics include a population of 177,771 within a five-mile radius earning $109,813 as the average household income. The average daily traffic count is 44,246 vehicles along North Airmont Road. The CAM is $3.00 psf and taxes are $6.00 psf. For more information, contact Jeanine Kemm or David Landes, Royal Properties, Inc., 850 Bronx River Road, Bronxville, NY 10708; 914-237-3403 Ext. 111, Fax 914-2370196; Email: jeanine@royalpropertiesinc.com; Web site: www.royalpropertiesinc.com.
Pierson Commercial Real Estate is redeveloping a mixed-use center located at the intersection of College Avenue and Hamilton Street in New Brunswick, NJ. Plans call for a 14,667 sq.ft. retail component and a 550-unit residential component. Spaces of 669 sq.ft. to 2,968 sq.ft. are available. Area retailers include Barnes & Noble, Verizon Wireless, PNC Bank, Chase Bank, Cold Stone Creamery, 7-Eleven, Subway, TD Bank and Kilmer Square, featuring Red Mango, Starbucks and Chipotle. Area draws include Rutgers University. The property is slated to open during spring 2016. Area demographics include a population of 147,781 within a three-mile radius. For more information, contact Jason Pierson or Gregg Medvin, Pierson Commercial Real Estate; 732-707-6900 Ext. 2/3; Emails: jason@piersonre.com and gregg@piersonre.com; Web site: www.piersonre.com.
For more information, contact Amazing Space Properties, 50 Greenfield Avenue, Suite 200, Ardmore, PA 19003; 610-6625659; Email: info@aspgrp.com; Web site: www.aspgrp.com.
Premier Commercial Realty is preleasing a retail development located at the intersection of Tower Road and Meacham Road in Schaumburg, IL with a fall 2014 opening scheduled. Spaces of 1,300 sq.ft. to 2,600 sq.ft. are available. Cotenants will include Dunkin’ Donuts/Baskin Robbins. The average daily traffic count is 36,000 vehicles. The asking rent is $40 psf NNN. For more information, contact Linda Cost, Premier Commercial Realty, 9225 South IL Route 31, Lake in the Hills, IL 60156; 847910-8820, Fax 847-854-2380; Web site: www.premier-comm.com.
Ferrara Jerum International, LLC is developing Steelpointe Harbor, situated on 50 acres of waterfront property in Bridgeport, CT. Plans call for a 2.8-million sq.ft. mixeduse space featuring retail, entertainment, hotel, office and residential components, along with a 200-slip full-service deep water marina. A 150,000 sq.ft. Bass Pro Shops will anchor the site. Area demographics include a trade-area population of 800,000 earning $118,000 as the average household income. Area draws include Westfield Trumbull Mall and Westfield Connecticut Post Mall. For more information, contact Douglas Jerum or David Schroth, Ferrara Jerum International, LLC, 339 East Avenue, Suite 4320, Rochester, NY 14604; 585362-8702/8708, Fax 585-454-6439; Emails: djerum@ferrarajerum.com and dschroth@ferrarajerum.com; Web site: www.ferrarajerum.com.
Editor Stephanie Weaver • stephanie@dealmakers.net
Baum Realty is preleasing the retail portion of a high-rise development located along West Jackson in Chicago, IL. Area retailers include Starbucks, Potbelly, Target, Mariano’s, Whole Foods, Chase Bank and Bank of America. The site is located near a 330-unit residential development slated for a 2015 delivery. For more information, contact Doug Renner or Allen Joffe, Baum Realty, 1030 West Chicago Avenue, Chicago, IL 60642; 312-275-3137/3120; Emails: doug.renner@baumrealty.com and allen@baumrealty.com; Web site: www.baumrealty.com. McClinton Commercial Real Estate is preleasing the redevelopment of Perry Hill Crossing, located at the intersection of Perry Hill Road and Atlanta Highway in Montgomery, AL. Plans call for 22,000 sq.ft. of shop space, along with four outlots to be available. Area retailers include Publix, Winn Dixie and Walgreens. Construction is slated to start during the fall. For more information, contact David McClinton, McClinton Commercial Real Estate, 334-270-9177; Email: mcclintond@mcclintonco.com. Page 4 | May 2, 2014
Kimco Realty is redeveloping Suburban Square, located along Coulter Avenue in Ardmore, PA. Plans call for an additional 26,000 sq.ft. of retail space to be added to the existing center, as well as a three-anda-half-level parking garage. The project is slated for completion during early 2015. For more information, contact Kimco Realty, Web site: www.kimcorealty.com. Amazing Space Properties is preleasing Suburban Plaza, located along Nottingham Way/Route 33 in Hamilton Township, NJ. Walmart Supercenter will anchor the site. Up to 12,700 sq.ft. of shop space is available. Area draws include Grounds for Sculpture. Area demographics include a population of 243,772 within a five-mile radius earning $76,316 as the average household income.
Jasper Venture Group, LLC is redeveloping a 13,000 sq.ft. strip center in Elizabeth, NJ. Plans call for seven shop spaces. For more information, contact Jasper Venture Group, LLC, 275 Madison Avenue, Suite 1718, New York, NY 10016; 212-6633322; Web site: www.jasper-group.com. DM
President/Publisher Ann O’Neal • ann@dealmakers.net Editor Erin Dunkley • erin@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
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 2014 by TKO Real Estate Advisory Group Inc. 609-587-6200, fax 609-587-3511.
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WHO’S OPENING AND WHERE Dunkin’ Brands (781-737-3000), through franchisee Midwest Mocha, is planning to open Dunkin’ Donuts locations throughout Appleton and Neenah/Menasha, WI during spring 2015. The franchisor, through two franchisees, is also slated to open 20 locations throughout South Orange and San Fernando Valley, CA during the next several years. The company, serving coffee, donuts and breakfast sandwiches, operates more than 11,000 locations throughout 33 countries. Cabela’s, Inc. (308-254-5505) is planning to open an 88,000 sq.ft. Cabela’s store along Walden Avenue, near Walden Galleria, in Cheektowaga, NY during the fall. It will be the company’s first location in the state. The chain, offering hunting, fishing, camping, hiking and other outdoor-related equipment, apparel and gear, currently operates more than 51 locations nationwide, and also has plans to open an additional 21 locations during the next two years. Target Corp. (612-304-6073) is planning to open a 135,000 sq.ft. Target store at University Station, a mixed-use development situated on 130 acres in Westwood, MA during March 2015. The company will join Wegmans and Nordstrom Rack at the site. The chain, offering apparel, toys, housewares, pet supplies and electronics, currently operates more than 1,797 locations nationwide and more than 122 stores throughout Canada. Trader Joe’s Co. (626-599-3700) is planning to open a 9,800 sq.ft. Trader Joe’s supermarket at the site of a former Fresh Market in Cottonwood Heights, UT during 2015. It will be the company’s second location in the state. The chain, offering more than 3,000 items under its private label, currently operates nearly 400 specialty grocery stores throughout 36 states nationwide.
Nordstrom, Inc. (206-628-2111) is planning to open a 30,000 sq.ft. Nordstrom Rack store at University Crossing, located at the intersection of University Parkway and State Street in Orem, UT during spring 2015. The company will join Burlington Coat Factory at the shopping center. The chain offers apparel, footwear and accessories for men and women, and currently operates more than 260 locations nationwide throughout 36 states, trading as Nordstrom at 117 locations, Nordstrom Rack at 147 locations, Jeffrey boutique at two locations and one clearance outlet. Hi-Health (800-266-2323) recently opened a 3,700 sq.ft. new concept store at Tatum Ranch in Cave Creek, AZ. The concept incorporates a store-within-a-store that allows customers to interact and learn more about health supplement products. The company currently operates 46 locations throughout the greater Phoenix, AZ area. LF, LLC. (877-465-6937) is planning to open a 150,000 sq.ft. Lowe’s Home Improvement store along Connecticut Avenue in Norwalk, CT during early 2015. The company, offering appliances and tools, paint, lumber and outdoor products, currently operates locations nationwide, as well as internationally. BodyBrite (212-724-4272) plans to open franchised locations throughout Canada, with a focus on the Calgary, Montreal, Toronto and Vancouver markets, with its first location slated to open later this year. The company offers hair removal services and related products and currently operates more than 200 locations worldwide.
Kiddie Academy International, Inc. (800554-3343) is currently developing 30 Kiddie Academy learning academies, with 15 to 20 new locations slated to open annually. The company operates 120 child education facilities throughout 23 states, including two company-owned locations. Grant’s Supermarket (304-324-2260) is planning to open a grocery store in Galax, VA. The company currently operates 11 locations throughout southwest VA and southern WV. Express, Inc. (614-474-4001) is planning to open 30 factory outlet stores nationwide throughout the remainder of the year. The company, offering apparel and accessories for men and women, currently operates 630 locations nationwide, as well as throughout Canada and Puerto Rico. The Casual Pint (865-247-7061) is planning to open three locations throughout the southeastern region of the U.S. The company offers 22 craft beers on tap and 300 individual beer selections. Togo’s Eateries, Inc. (408-280-6569), through franchisees, is planning to open five Togo’s locations throughout eastern ID and eight restaurants in Salt Lake City, UT. The company, offering sandwiches, wraps and salads, currently operates more than 325 locations nationwide. East Coast Wings Corp. (954-263-2056), through a franchisee, has plans to open East Coast Wings & Grill restaurants throughout eastern TN over the next several months. DM
Sprouts Farmers Market, LLC (480-8148016) is planning to open is planning to open a Sprouts Farmers Market in Forsyth, GA during 2015, as well as additional locations slated for Dunwoody, Norcross and Snellville, GA later this year. The company currently operates more than 165 specialty grocery stores throughout AZ, CA, CO, NM, NV, OK, TX and UT and also trades as Fresh Thyme Farmers Market. Shipley Do-Nuts (713-869-4636) is planning to open three locations throughout the San Antonio, TX market by the end of the year and has plans to operate 500 locations by 2020. The chain offers donuts, pastries and kolaches. Dealmakers Magazine | www.dealmakers.net
Cabela’s is planning to open a store in Cheektowaga, NY during the fall. May 2, 2014 | Page 5
FOOD CHAINS EXPAND NATIONWIDE Panera Bread operates 1,770 locations nationwide and in Canada. The restaurants, offering sandwiches, soups, salads and desserts, occupy spaces of 4,500 sq.ft. to 5,300 sq.ft. in freestanding locations and endcaps and pad sites of mixed-use centers, as well as outparcels. Growth opportunities are sought throughout Broward and Palm Beach counties in FL during the coming 18 months, with representation by Avison Young – Florida, LLC. Preferred demographics include a population of 10,000 within one mile earning $50,000 as the average household income. Preferred cotenants include supermarkets, bookstores, Kohl’s, Target and Walmart Supercenter. Starbucks Corp. trades as Starbucks Coffee at 20,100 locations nationwide and internationally. The coffee shops occupy spaces of 1,200 sq.ft. to 1,600 sq.ft. in freestanding locations, inline spaces and endcaps of mixed-use centers, as well as outparcels. Growth opportunities are sought throughout Broward, Martin, Indian River, Collier, Charlotte, Palm Beach, St. Lucie, Brevard and Lee counties in FL during the coming 18 months, with representation by Avision Young – Florida, LLC. Typical leases run 10 years with one, five-year option. World of Beer operates more than 50 locations throughout AL, AZ, CO, FL, GA, IL, MD, MI, NC, NJ, NY, OH, SC, TX, VA, WA and WI. The bar/restaurants occupy spaces of 2,500 sq.ft. to 3,500 sq.ft. in endcaps and outparcels of shopping centers. Growth opportunities are sought throughout the southern region of the U.S. during the coming 18 months, with representation by Avison Young – Florida, LLC. FirstWatch – The Daytime Café operates more than 115 locations in 16 states nationwide. The cafes occupy spaces of 3,500 sq.ft. in endcaps
and outparcels of shopping centers. Growth opportunities are sought throughout Palm Beach County, north to Indian River, including Martin and St. Lucie counties in FL during the coming 18 months, with representation by Avison Young – Florida, LLC. Jersey Mike’s Subs operates 750 locations nationwide. The sandwich shops occupy spaces of 1,500 sq.ft. to 2,000 sq.ft. in endcaps and outparcels of shopping centers. Growth opportunities are sought throughout Broward and Miami-Dade counties in FL during the coming 18 months, with representation by Avison Young – Florida, LLC. Moe’s Southwest Grill operates more than 480 locations nationwide. The restaurants occupy spaces of 2,500 sq.ft. in endcaps and outparcels of shopping centers. Growth opportunities are sought throughout Broward, Miami-Dade and Palm Beach counties in FL during the coming 18 months, with representation by Avison YoungFlorida, LLC. Salt Life Food Shack operates three locations in FL. The restaurants occupy spaces of 4,500 sq.ft. to 6,500 sq.ft. in freestanding locations and endcaps of shopping centers. Growth opportunities are sought throughout Broward, Miami-Dade and Palm Beach counties in FL during the coming 18 months, with representation by Avison Young – Florida, LLC. For more information regarding Panera Bread or Starbucks, contact Don Dewoody, Avison Young – Florida, LLC, PO Box 1625, West Palm Beach, FL 33402; 561-721-7000, Fax 561-721-7001; Email: floridaretail@avisonyoung.com; Web site: www.avisonyoung.com. For more information regarding World of Beer, FirstWatch – The Daytime Café, Jersey Mike’s Subs, Moe’s Southwest Grill or Salt Life Food Shack, contact Josh Wade.
Panera Bread is seeking growth opportunities throughout Broward and Palm Beach counties in FL during the coming 18 months. Page 6 | May 2, 2014
Old Town Pour House operates seven locations throughout Chicago, IL. The chain of casual restaurants/bars prefers to occupy spaces of 8,000 sq.ft. to 10,000 sq.ft. in mixed-use or lifestyle centers. Growth opportunities are sought throughout TX, as well as the northeastern, Midwestern and southeastern regions of the U.S. during the coming 18 months, with representation by Emerging Concepts. Flip Side operates four locations in OH. The chain of fullservice burger restaurants/bars prefers to occupy spaces of 2,500 sq.ft. to 3,500 sq.ft. in lifestyle and mixed-use centers. Growth opportunities are sought throughout FL, OH and the Midwestern region of the U.S. during the coming 18 months, with representation by Emerging Concepts. 3 Palms operates one location in OH. The pizzeria occupies spaces of 2,500 sq.ft. to 3,500 sq.ft. in lifestyle and mixed-use centers. Growth opportunities are sought throughout FL, OH and the Midwestern region of the U.S. during the coming 18 months, with representation by Emerging Concepts. Vivace operates two locations in Charlotte and Raleigh, NC. The chain of upscale Italian restaurants occupies spaces of 4,500 sq.ft. to 6,000 sq.ft. in lifestyle and mixed-use centers. Growth opportunities are sought throughout Denver, CO and Dallas and Houston, TX during the coming 18 months, with representation by Emerging Concepts. For more information, contact Mathew Focht, Emerging Concepts, 411 North LaSalle Street, Suite 300, Chicago, IL 60654; 312-878-8000, Fax 312-604-3769; Email: mfocht@emerging-concepts.com; Web site: www.emerging-concepts.com. Kasapis Brothers, Inc. trades as Ram’s Horn Family Restaurants at 16 locations throughout MI. The restaurants occupy spaces of 4,500 sq.ft. in power centers, malls and freestanding locations. Growth opportunities are sought throughout existing markets during the coming 18 months. Typical leases run 10 years with 10-year options. Preferred demographics include a population of 100,000 within three miles earning $40,000 to $60,000 as the average household income. Major competitors include Bob Evans, Denny’s, Bill Knapps and IHOP. A land area of 1.5 acres is required for freestanding locations. For more information, contact Gus Kasapis, Kasapis Brothers, Inc., 24225 West Nine Mile Road, Suite 214, Southfield, MI 48034; 248-350-3430, Fax 248-350-1024; Email: ramshornrestaurants@gmail.com; Web site: www.ramshornrestaurants.com. DM Dealmakers Magazine | www.dealmakers.net
BUYERS AND SELLERS Calkain Cos. is selling a 3,086 sq.ft. Dunkin Donuts/Baskin Robbins situated on a land area of 0.77-acres along Tampa Road in Oldsmar, FL. Area retailers include Chickfil-a, Chili’s, CVS, Dairy Queen, Metro PCS, Public Storage, Subway and Walmart. The asking price is $2.636 million with a Cap rate of 5%. The company, on behalf of a client, is also seeking to acquire single-tenant net lease grocery stores east of the Mississippi, Rite Aid stores nationwide, as well as investment properties priced between $10 million and $20 million throughout the Washington, DC area. For more information regarding Dunkin Donuts/Baskin Robbins, contact Rick Fernandez, Calkain Cos.; 703-787-4732; Email: rfernandez@calkain.com. For more information regarding sites to acquire, contact Betty Friant, 11150 Sunset Hills Road, Suite 300, Reston, VA 20190; 703787-3892; Email: bfriant@calkain.com. CBRE negotiated the sale of TownGate Center, a 285,775 sq.ft. shopping center in Moreno Valley, CA. Tenants include T.J. Maxx/Home Goods, Ross Dress for Less, Regency Theatres, BevMo!, ULTA, Dollar Tree, Planet Fitness and Chipotle. The property was acquired for $41.971 million reflecting a Cap rate of 6.92%. The company also negotiated the sale of Pine Island Plaza, a 33,687 sq.ft. mixed-use center located along North Pine Island Road in Sunrise, FL. The site is 81% leased and tenants include Department of Children & Families and Lobster House. The property was acquired for $3.5 million. For more information regarding TownGate Center, contact Philip Voorhees, CBRE, 3501 Jamboree Road, Suite 100, Newport Beach, CA 92660; 949-725-8521; Email: phil. vorhees@cbre.com. For more information regarding Pine Island Plaza, contact Elizabeth Cross, 101 East Kennedy Boulevard, Suite 1500, Tampa, FL 33602; 305-428-6373; Email: elizabeth.cross@cbre.com. James Group of Marcus & Millichap is selling a Walmart Neighborhood Market in Altadena, CA. The tenant is bound to a NN lease featuring eight years remaining on the initial term and four, five-year options. Area retailers include Panda Express, Subway, KFC and McDonald’s. The asking price is $7.8 million with a Cap rate of 4.75%. 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. Dealmakers Magazine | www.dealmakers.net
Stream Capital Partners is selling a 13,000 sq.ft. Walgreens located at the intersection of South Main Street and Mill Street in Unionville, CT. Area retailers include Dunkin Donuts, Friendly’s, CVS, Stop & Shop, Nature & Goods Market and Quest Diagnostics. The asking price is $9 million with a Cap rate of 5.5%. For more information, contact Jordan Shtulman, Stream Capital Partners, 1945 West Lawrence Avenue, Chicago, IL 60640; 847-226-4133; Email: jordan@stream-cp.com. Velocis acquired Town Center Colleyville, a 138,000 sq.ft. shopping center located along Colleyville Boulevard in Colleyville, TX. The site is anchored by Market Street grocery store and Studio Movie Grill. For more information, contact Velocis, 3131 McKinney Avenue, Suite 10, Dallas, TX 75204; 214-702-0220, Fax 214-8557865; Email: info@velocis.com; Web site: www.velocis.com. RMC Property Group negotiated the sale of Williams Place Shopping Center, a 66,000 sq.ft. center located along US Highway 41 in Estero, FL. The property was acquired for $4.4 million. The company represented the seller, and Trinity Commercial Group represented the buyer in the transaction. For more information, contact RMC Property Group, 8902 North Dale Mabry Highway, Tampa, FL 33614; 813-960-8154. Bayit Capital is seeking to acquire NNN CVS or Walgreens locations with zero cash flow. For more information, contact Sam Mermelstein, Bayit Capital, 2975 Westchester Avenue, Suite 100, Purchase, NY 10577; 914-285-1430 Ext. 105.
Inland Investments recently acquired Westover Marketplace, a 242,644 sq.ft. power center located at the intersection of Loop 410 and State Highway 151 in the Westover Hills area of TX. The center is 93% occupied and tenants include PetSmart, Target, Gander Mountain and Toys “R” Us/ Babies “R” Us. For more information, contact Inland Investments, 2901 Butterfield Road, Oak Brook, IL 60523; 800826-8228, Fax 630-218-4957; Email: custserv@inland-investments.com; Web site: www.inland-investments.com. Lee & Associates is selling an 89,136 sq.ft. freestanding Kohl’s located along Technology Center Drive in Stoughton, MA. Area retailers include Target, LA Fitness, BJ’s Wholesale Club, La-Z-Boy Furniture Galleries, Dunkin’ Donuts and Starbucks. Area demographics include a population of 150,000 within five miles earning $80,000 as the average household income. For more information, contact Ryan Barr, Lee & Associates, 1900 Wright Place, Suite 200, Carlsbad, CA 92008; 760-448-2446; Email: rbarr@lee-associates.com. Equity Retail Brokers is selling a 14-acre parcel of land located at the intersection of Route 13 and Brenford Road in Kent County, DE. Area retailers include Acme, Dollar General, Rite Aid and Walgreens. The asking price is $1.4 million. For more information, contact George Wisnoski, Equity Retail Brokers - Retail Brokers Network Member, 101 West Elm Street, Suite 370, Conshohocken, PA 19428; 484-417-2220; Email: D gwisnoski@equityretailbrokers.com. M
Stream Capital Partners is selling a Walgreens in Unionville, CT. May 2, 2014 | Page 7
SOURCES OF FINANCING
Johnson Capital negotiated $100 million in financing for a 237,300 sq.ft. mixed-use property located at the intersection of Third Street and Fairfax Avenue in Los Angeles, CA. The 10-year loan features a fixed-rate. The company also negotiated $8.45 million in financing for The Village at Nipomo, a 37,939 sq.ft. strip center situated on 3.3 acres along West Tefft Street in Nipomo, CA. The 10-year fixed rate loan features a 30-year amortization period and represented 75% of the borrower’s purchase price. For more information regarding the Los Angeles property, contact Amos Smith or Ryan Chapman, Johnson Capital, 2603 Main Street, Suite 200, Irvine, CA 92614; 949-6601999; Emails: amossmith@johnsoncapital.com and ryanchapman@johnsoncapital.com; Web site: www.johnsoncapital.com. For more information regarding the Nipomo property, contact Don Burnes, Johnson Capital, 7377 East Doubletree Ranch Road, Suite A-170, Scottsdale, AZ 85258; Email: don.burnes@johnsoncapital.com. DM
REAL ESTATE PROFESSIONALS MAKING THE NEWS SRS Real Estate Partners (214-560-3215) hired John Topping as an associate at the firm’s Atlanta, GA office. Prior to joining the company, Topping served at Marcus & Millichap. The company also hired Robert Drake as an investment analyst. He previously served at State Farm Insurance. The company specializes in brokerage, corporate, development, investment and management services. Caruso Affiliated (323-900-8100) recently appointed Judy Johnson as chief marketing and communications officer. In her new role, Johnson will focus on expanding the firm’s portfolio of projects throughout CA. Prior to joining the company, Johnson served at GolinHarris. Rittenhouse Realty Advisors (215-9894443) appointed George D. Johnson, Jr. as president and CEO of the firm’s new division, Rittenhouse Capital Advisors. In his new role, Johnson will focus on placing debt and equity for projects ranging from $5 million to $50 million. Prior to joining the company, Johnson served at JP Morgan Chase. Travis Commercial Real Estate Services, Ltd. (210-308-9888) appointed Lisa Crane Villarreal and Roger Hill III as principals at the company’s San Antonio, TX office. DM Page 8 | May 2, 2014
LEASE SIGNINGS SRS Real Estate Partners (214-560-3215) negotiated the following leases: with Lendmark Financial Services for 1,400 sq.ft. at Epps Village in Athens, GA, with Adrienne Crawford and Lily Heimburger of the SRS Atlanta office representing the tenant as its exclusive broker in the metro Atlanta, GA market; with Panda Express Restaurant for 3,203 sq.ft. at the intersection of South Wright Street and East Green Street in Champaign, IL, with Todd Gould of the SRS Chicago office representing the tenant in the transaction; with Kaleidoscope Juice for 500 sq.ft. at Chloe’s Corner at City Space located at the intersection of Jefferson Street and 1st Avenue in Phoenix, AZ, with Jon Cowen of the SRS Phoenix office representing the tenant in the transaction, while Mike Kallner of RED Development represented the landlord, Orange Holdings, LLC in the transaction; with Edible Arrangements for 1,200 sq.ft. at Canyon Trails Plaza located at the intersection of Van Buren Street and Estrella Parkway in Goodyear, AZ, with Chuck Gibson of the SRS Phoenix office representing the tenant in the transaction; with Café Rio for 3,300 sq.ft. at the intersection of Santan Village Parkway and Loop 202 in Gilbert, AZ, with Jon Cowen of the SRS Phoenix office representing the tenant and Torrey Briegel and Lance Umble of Phoenix Commercial Advisors representing the landlord, Santan Development Group, Inc., in the transaction; with Sale Sucre for 2,996 sq.ft and with The Sweet Shoppe & Nut House for 2,142 sq.ft. at Centerpoint on Mill in Tempe, AZ, with Scott Ellsworth and Brian Polachek of the SRS Phoenix office representing the landlord, Mill Avenue Retail, LLC, in both transactions, while Jake Ertle of Rein & Grossoehme Commercial represented Sale Sucre and Brian Kocour and Courtney Auther of Cushman & Wakefield represented The Sweet Shoppe & Nut House in the transaction; with Spice Kit at Crow Canyon Commons located along Crow Canyon Place in San Ramon, CA, with Ross White of the SRS San Francisco office representing the tenant in the transaction; with Panera Bread for 4,200 sq.ft. at Fallon Gateway Shopping Center located at the intersection of Fallon Road and Dublin Boulevard in Dublin, CA, with Sara Sanders and Matt Alexander of the SRS San Francisco office representing the tenant and Trish Gonsalves and Patrick McGaughey of Terranomics representing the landlord, Stanforth Holding Co., in the transaction and with dd’s Discounts for 25,500 sq.ft. at White Road Plaza located along South White Road in San Jose, CA, with Matt Alexander and Sarah Edwards of the SRS San Francisco office representing the tenant and Sean O’Carroll and Lindy
Spieker-Hopman of Cornish & Carey Commercial - Newmark Knight Frank representing the landlord, White Road Partners, LLC, in the transaction. L3 Corporation (314-469-7400) negotiated the following leases: with Marshall Wireless for 2,130 sq.ft. at Mark Twain Mall located along South 5th Street in St. Charles, MO, with the company representing the landlord in the transaction; with PetSmart for 12,157 sq.ft. at Enid Crossing located along West Owen K. Garriott Road in Enid, OK, with the company representing the tenant in the transaction; with Pizza Hut for 1,800 sq.ft. at Ballwin Plaza located along Manchester Road in Ballwin, MO, with the company representing the landlord in the transaction; with Copper Tan for 3,175 sq.ft. at Gordon Plaza located along Manchester Road in Ballwin, MO, with the company representing the tenant in the transaction; with Cricket Wireless for 1,600 sq.ft. at Nameoki Commons located along Nameoki Road in Granite City, IL, with the company representing the landlord in the transaction; with Dollar Tree for 8,000 sq.ft. at Harrisburg Centre located along Rollie Moore Drive in Harrisburg, IL, with the company representing the tenant in the transaction; with First to the Finish Sports for 2,988 sq.ft. at Mark Twain Village located along Bass Pro Drive in St. Charles, MO; with Ross Dress for Less for 25,000 sq.ft. at Arnold Commons located along Arnold Commons Drive in Arnold, MO and for 25,000 sq.ft. at Wentzville Crossroads Marketplace West located along West Pearce Boulevard in Wentzville, MO. Goodman Real Estate Services Group, LLC (216-381-8200) negotiated a lease with Pet Supplies Plus at Stow Community Center in Stow, OH. Jim Becker of Goodman Real Estate Services Group, LLC represented the tenant in the transaction. The company also negotiated a lease with Kiwi Spoon Frozen Yogurt at Lighthouse Village in Lorain, OH. Cafaro (330-747-2661) negotiated a lease with DSW for 23,000 sq.ft. and with Ulta for 10,000 sq.ft. at Target Place Plaza, a 271,000 sq.ft. shopping center located along Harrison D Avenue Northwest in Olympia, WA. M
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LEAD SHEET Ashland, Inc. dba Valvoline Instant Oil Change Scott Burdett c/o Flaum Management Co., Inc. 400 Andrews Street, Suite 500 Rochester, NY 14604 585-546-4866, Fax 585-325-6058 Email: sburdett@flaummgt.com Web site: www.flaummgt.com
Automotive The 850-unit chain operates locations nationwide. The automotive service centers occupy spaces of 1,900 sq.ft. to 2,500 sq.ft. in freestanding locations, mixed-use and power centers. Growth opportunities are sought throughout Rochester and Syracuse, NY during the coming 12 months, with representation by Flaum Management Co., Inc. Major competitors include Jiffy Lube, Delta Sonic and Monro Muffler. A land area of 30,000 sq.ft. is required for freestanding locations. The company prefers to acquire sites, but will consider leasing.
Automotive Supplies Associates dba Sanel Auto Parts Robert Segal or David T. Segal 129 Manchester Street Concord, NH 03301 603-225-4000 Email: dtsegal@@asasanel.com Web site: www.sanelautoparts.net
Automotive The 38-unit chain operates locations throughout ME, NH and VT. The automotive parts and supplies stores occupy spaces of 6,000 sq.ft. to 10,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run five to 10 years.
Bridgestone Retail Operations, LLC dba Firestone Complete Auto Care Don Ehlers 1454 South Monterey Street Gilbert, AZ 85233 816-721-0893 Email: dehlers@bfrc.com Web site: www.bsro.com
Automotive The 2,300-unit chain operates locations nationwide. The automotive service centers occupy spaces of 8,300 sq.ft. to 8,900 sq.ft. in freestanding locations. Plans call for six to 10 openings throughout the San Francisco bay area in CA; HI; Las Vegas, NV and Seattle, WA during the coming 18 months. Preferred cotenants include national big box retailers, grocery and drug stores. Preferred demographics include a population of 35,000 within three miles earning $43,000 as the median household income. A land area of one acre is required. Typical leases run 20 years, but the company prefers to acquire sites.
Service King Darren Pitts c/o Velocity Retail Group 2415 East Camelback Road, Suite 400 Phoenix, AZ 85016 602-682-8100 Email: dp@velocityretail.com Web site: www.velocityretail.com
Automotive The 100-unit chain operates locations throughout AR, AZ, MS, OK, TN and TX. The automotive collision and repair centers occupy spaces of 30,000 sq.ft. in freestanding locations or outparcels of shopping centers. Growth opportunities are sought throughout Phoenix, AZ during the coming 18 months, with representation by Velocity Retail Group. A land area of two acres is required and the company prefers to acquire sites.
Town Fair Tire Daniel Plotkin c/o Northeast Retail Leasing & Management Co., LLC 360 Bloomfield Avenue, Suite 208 Windsor, CT 06095 860-683-9000, Fax 860-683-1600 Email: dplotkin@northeastretail.com Web site: www.northeastretail.com
Automotive The 85-unit chain operates locations throughout CT, MA, ME, NH and RI. The tire centers occupy spaces of 6,000 sq.ft. to 8,000 sq.ft. in freestanding locations and endcaps of power and strip centers. Plans call for four openings throughout eastern MA, ME and NH during the coming 18 months, with representation by Northeast Retail Leasing & Management Co., LLC. Typical leases run 15 years. A vanilla shell is required. Preferred cotenants include Target, Bed Bath & Beyond, Home Goods, Michael’s, Petco and supermarkets. A land area of 1.2 acres is required for freestanding locations.
Becky’s Cards and Gifts, Inc. dba Becky’s Hallmark Shops Francis Norsworthy Jr. 221 McLaws Circle Williamsburg, VA 23185 757-220-6772, Fax 757-259-0120 Email: fnorsw1@beckyshallmark.com Web site: www.hallmark.com
Cards The 19-unit chain operates locations throughout NC and VA. The card and gift shops occupy spaces of 3,000 sq.ft. to 6,000 sq.ft. in freestanding locations, regional malls, community, lifestyle, power, specialty and strip centers, as well as urban/downtown areas. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run five years with two, five-year options. A vanilla shell is required. Preferred cotenants include Target and grocery and department stores. Preferred demographics include a population of 17,000 within three miles earning $50,000 as the average household income. Major competitors include Walmart and Walgreens. A land area of 0.9 acres is required for freestanding locations.
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May 2, 2014 | Page 9
LEAD SHEET Designer Greetings dba Card$mart Barry Grody 531 East Lincoln Avenue, Apt 6J Mount Vernon, NY 10552 914-699-5305 Email: barry.grody@designergreetings.com Web site: www.cardsmart.com
Cards The 100-unit chain operates locations nationwide. The card and gift shops occupy spaces of 2,000 sq.ft. to 4,000 sq.ft. in power and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run five years with options. A vanilla shell and tenant improvement allowances are required. Preferred demographics include a population of 50,000 within five miles earning a minimum of $50,000 as the average household income.
Pump N Pantry, Inc. dba Pump N Pantry Scott Quigg 754 Grow Avenue Montrose, PA 18801 570-278-1129, Fax 570-278-2327 Email: squigg@pumpnpantry.com Web site: www.pumpnpantry.com
Convenience The 17-unit chain operates locations throughout PA. The convenience stores, with gasoline faciliites, occupy spaces of 3,000 sq.ft. to 4,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout northeastern and north central areas in PA during the coming 18 months. A land area of two acres is required. The company prefers to acquire sites.
Tom Thumb Food Stores, Inc. dba Tom Thumb Jimmy McCarthy III 97 West Okeechobee Road Hialeah, FL 33010 305-885-5451, Fax 305-885-0144 Email: jmccarthy@tomthumbfl.com Web site: www.tomthumb.com
Convenience The 15-unit chain operates locations throughout southern FL. The convenience stores, with gasoline facilities, occupy spaces of 2,400 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing market during the coming 18 months.
Wawa, Inc. dba Wawa June Spring 260 West Baltimore Pike Wawa, PA 19063-5699 Email: june.spring@wawa.com Web site: www.wawa.com
Convenience The 600-unit chain operates locations throughout DE, FL, MD, NJ, PA and VA. The convenience stores occupy freestanding locations on land areas of 1.5 to two acres. Growth opportunities are sought throughout DE; Orlando and Tampa Bay, FL; MD, NJ, PA and VA during the coming 18 months.
Hart Stores, Inc. dba Hart Terry Schubert 900 Place Paul-Kane Laval-Quebec, Canada H7C 2T2 450-661-4155, Fax 450-661-0368 Web site: www.hartstores.com
Department Store The 61-unit chain operates locations throughout Maritimes, Ontario and Quebec, Canada. The department stores occupy spaces of 25,000 sq.ft. in malls. Growth opportunities are sought throughout the existing markets during the coming 18 months.
Five Below, Inc. dba Five Below Zach Minteer and Doug Walrod 1818 Market Street, Suite 1900 Philadelphia, PA 19103 215-546-7909, Fax 215-546-8099 Email: real_estate@fivebelow.com Web site: www.fivebelow.com
Discount The 313-unit chain operates locations throughout CT, DE, GA, IL, IN, MA, MD, ME, MI, MO, NC, NH, NJ, NY, OH, PA, RI, TN, TX, VA and WV. The stores, offering trend right products for teens and pre-teen and priced between $1 and $5 dollars, occupy spaces of 7,500 sq.ft. to 10,000 sq.ft. in regional outlet, power and strip centers. Plans call for more than 100 openings throughout AK, AL, CT, DE, FL, IL, IN, KY, LA, MA, MD, ME, MI, MN, NC, NH, NJ, NY, OH, OK, PA, RI, SC, TN, TX, VA, VT, WI and WV during the coming 18 months. Preferred cotenants include Best Buy, Marshalls, T.J. Maxx, Target, Old Navy, Kohl’s and Dick’s Sporting Goods.
Page 10 | May 2, 2014
Dealmakers Magazine | www.dealmakers.net
LEAD SHEET Retail Concepts International/Fun Factory dba Fun Factory, Island Fun, Jungle Fun, Fun Works and Island Magnets Robert Solomon c/o Robert Solomon & Associates 4050 Tarrybrae Terrace Tarzana, CA 91356 818-757-3999, Fax 818-758-9380 Email: solomonassoc@roadrunner.com Web site: www.funfactorygames.com
Entertainment The 24-unit chain operates locations nationwide. The entertainment facilities occupy spaces of 2,900 sq.ft. to 20,000 sq.ft. in regional malls, entertainment, lifestyle and specialty centers. Growth opportunities are sought along the eastern and western coasts of the U.S., as well as in the pacific southwest region during the coming 18 months, with representation by Robert Solomon & Associates.
Retro Fitness Brian Katz c/o Katz & Associates One Blue Hill Plaza, Suite 1440 Pearl River, NY 10965 845-735-6666, Fax 845-735-6680 Email: briankatz@dkatz.com Web site: www.retrofitness.net
Fitness The chain operates more than 100 locations throughout CA, DE, FL, GA, IL, MA, MD, MI, NC, NJ, NY, PA and VA. The fitness centers occupy spaces of 11,000 sq.ft. to 16,000 sq.ft. in shopping centers. Growth opportunities are sought nationwide during the coming 18 months. The company will also consider locating in second-generation spaces.
New York Sports Clubs James Aug c/o Fidelity-RS Aug Real Estate, LLC 95 River Street, Suite 207 Hoboken, NJ 07030 201-533-9100 Email: jaug@rsaug.com Web site: rsaug.com
Fitness The 150-unit chain operates locations throughout CT, MA, NJ, NY and PA. The fitness clubs occupy spaces of 16,000 sq.ft. for multi-level spaces in neighborhood or village markets and of 32,000 sq.ft. for single-level spaces in regional markets for either freestanding buildings or inline spaces. Growth opportunities are sought throughout central and northern NJ during the coming 18 months, with representation by Fidelity-RS Aug Real Estate. The company requires sites with prominent signage.
The Vitamin Shoppe Brent Andrews or Noah Jones c/o Atlantic Retail Properties 1001 North US Highway One, Suite 600 Jupiter, FL 33477 561-427-6699 Ext. 1016/1018, Fax 561-427-6561 Email: bandrews@atlanticretail.com Web site: www.atlanticretail.com
Health The 650-unit chain operates locations nationwide in 44 states and in Puerto Rico and Canada. The stores, offering vitamins, minerals and supplements, occupy spaces of 3,000 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.
Reeds Jewelers, Inc. dba Reeds Jewelers and Pandora Herbert Zimmer PO Box 2628 Wilmington, NC 28402 910-763-4669 Ext. 202, Fax 910-762-1999 Email: herbertzimmer@zdc.com Web site: www.reeds.com
Jewelry The 68-unit chain operates locations throughout AL, FL, GA, KY, MD, MS, NC, PA, SC, TN, TX, VA and WV. The jewelry stores occupy spaces of 1,500 sq.ft. to 5,000 sq.ft. in regional malls and lifestyle centers. Limited growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 10 years for Reeds Jewelers and five years for Pandora. Preferred cotenants include fashion retailers.
Rx Optical Laboratories, Inc. dba Rx Optical Laboratories George Jepson 1700 South Park Street Kalamazoo, MI 49001 269-342-0003, Fax 269-342-4284 Email: george@rxoptical.com Web site: www.rxoptical.com
Optical The 53-unit chain operates locations throughout IN and MI. The facilities, offering eye exams and related services and products, occupy spaces of 2,000 sq.ft. to 2,500 sq.ft. in freestanding locations and endcaps of shopping centers. Growth opportunities are sought throughout MI during the coming 18 months.
Dealmakers Magazine | www.dealmakers.net
May 2, 2014 | Page 11
LEAD SHEET Party City Jerry Welkis c/o Welco Realty 2525 Palmer Avenue New Rochelle, NY 10801 914-576-7500, Fax 914-576-7596 Email: jwelkis@welcorealty.com Web site: www.welcorealty.com
Party Supplies The chain operates more than 800 locations nationwide and in Puerto Rico. The party supply stores occupy spaces of 9,000 sq.ft. to 10,000 sq.ft. in regional lifestyle and strip centers. Growth opportunities are sought throughout NJ and NY during the coming 18 months, with representation by Welco Realty. Preferred cotenants include discount department stores, supermarkets, book stores and apparel retailers.
Pak Mail Centers of America, Inc. dba Pak Mail Christopher Davenport 7173 South Havana Street, Suite 600 Centennial, CO 80112 303-957-1000, Fax 303-957-1015 Email: cdavenport@pakmail.org Web site: www.pakmail.com
Shipping The 400-unit chain operates locations nationwide and internationally. The stores, offering packaging, shipping and freight services and supplies, occupy spaces of 1,200 sq.ft. in strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months.
Lifeway Christian Stores David Atchison One Lifeway Plaza Nashville, TN 37234 615-251-2000, Fax 615-251-3677 Email: david.atchison@lifeway.com Web site: www.lifewaystores.com
Specialty The 186-unit chain operates locations nationwide in 29 states. The stores, offering Christianthemed products and services, occupy spaces of 6,000 sq.ft. to 6,500 sq.ft. in freestanding locations or inline spaces of regional or power centers. Plans call for six to eight openings nationwide during the coming 18 months. A vanilla shell is preferred.
The Shefield Group dba Shefield & Sons Tobacconists, Shefield Gourmet, Shefield Express Byron Hildebrand 2265 West Railway Street Abbotsford, British Columbia, Canada V2S 2E3 604-859-1014, Fax 604-859-1711 Email: byron@shefield.com Web site: www.shefield.com
Specialty The 81-unit chain operates locations throughout Canada. The shops, offering convenience store items, tobacco and cigar products, as well as coffee and related beverages, occupy spaces of 250 sq.ft. to 700 sq.ft. in malls, hotels and office complexes. Growth opportunities are sought throughout Canada during the coming 18 months. Typical leases run five years with five-year options.
Yankee Candle Farron Roboff c/o Royal Properties, Inc. 850 Bronx River Road Bronxville, NY 10708 914-237-3403 Ext. 112, Fax 914-237-0196 Email: farron@royalpropertiesinc.com Web site: www.royalpropertiesinc.com
Specialty The 500-unit chain operates locations nationwide. The candle shops occupy spaces of 1,500 sq.ft. to 2,000 sq.ft. in malls and strip centers. Growth opportunities are sought throughout Fairfield, CT and NY during the coming 18 months, with representation by Royal Properties, Inc.
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 | May 2, 2014
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APPAREL CHAINS EXPAND NATIONWIDE (continued from page one)
Simply Fashion and Fashion Trend operate 300 locations throughout AL, AR, FL, GA, IL, IN, KS, KY, LA, MD, MI, MO, MS, NC, OH, SC, TN, TX, VA, WI and Washington, DC. The stores, offering women’s discounted apparel in junior, misses and plus sizes, along with footwear and accessories, occupy spaces of 3,000 sq.ft. in freestanding locations, strip centers and urban/downtown areas. Growth opportunities are sought throughout southern FL during the coming 18 months, with representation by Atlantic Commercial Group, Inc. Preferred cotenants include grocery, footwear, discount and beauty supply stores, nail salons and check cashing facilities. For more information, contact Gary Broidis, Atlantic Commercial Group, Inc., 98 SE 6th Avenue, Suite 2, Delray Beach, FL 33483; 561-447-8610 Ext. 12; Email: gary@atlanticcg.com; Web site: www.atlanticcg.com. Kid City operates 17 locations throughout NJ, NY and PA. The stores, offering discounted children’s apparel, occupy spaces of 10,000 sq.ft. in power, strip and regional shopping centers. Growth opportunities are sought
throughout NJ and the New York, NY metropolitan area during the coming 18 months, with representation by Welco Realty. Preferred cotenants include supermarket, discount department stores and apparel retailers. Marshalls operates 880 locations nationwide in 42 states. The stores, offering family apparel, footwear and accessories, as well as housewares and home décor items, occupy spaces of 30,000 sq.ft. to 50,000 sq.ft. in regional and community shopping centers. Growth opportunities are sought throughout NJ during the coming 18 months, with representation by Welco Realty. For more information, contact Jerry Welkis, Welco Realty, 2525 Palmer Avenue, New Rochelle, NY 10801; 914-576-7500, Fax 914-576-7596; Email: jwelkis@welcorealty.com; Web site: www.welcorealty.com. DM
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TENANT REP AND LEASING ASSIGNMENTS Sabre Real Estate Group (516-874-8070) is representing Chili’s with its expansion plans throughout Long Island and the outer boroughs of New York, NY. The restaurants occupy spaces of 5,700 sq.ft. to 6,000 sq.ft. in endcaps of shopping centers. The company prefers a land area of 1.5 acres for freestanding locations. The company is also representing Starbucks with its expansion plans throughout Bergen, Essex, Hudson, Passaic and Union counties in NJ. The coffee shops prefer to occupy spaces of 1,500 sq.ft. to 1,850 sq.ft. in endcaps of shopping centers or freestanding locations. The company prefers locations with a drive-thru and situated in high-traffic areas. Pierson Commercial Real Estate (732-7076902) is representing Boston Market with its expansion plans throughout central and northern NJ. The fast-casual restaurants occupy spaces of 2,400 sq.ft. to 2,800 sq.ft. in endcaps of shopping centers or freestanding locations with a drive-thru. Preferred demographics include a population of 15,000 within one mile. Preferred daily traffic counts include 30,000 vehicles. Preferred cotenants include movie theaters, high-end grocers or general merchandise retailers. BCD (212-260-5210) is representing Cantina Laredo with its expansion plans throughout New York, NY. The Mexican-themed restaurants occupy spaces of 6,500 sq.ft. to 10,000 sq.ft. and prefer to locate in areas with high population and high traffic counts. Miler Walker Retail Real Estate (202-3330303) is representing Capital Fringe with its expansion plans throughout Washington, DC. The concept offers a bar/café and performance art, while utilizing spaces of 10,000 sq.ft. to 15,000 sq.ft.
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SRS Real Estate Partners (415-908-4939) is representing Thirsty Lion Pub & Grill with its expansion plans throughout the San Francisco, CA area. The restaurants prefer to occupy spaces of 7,500 sq.ft. to 9,500 sq.ft. in regional malls or lifestyle centers. Preferred demographics include a population of 250,000 within a five-mile radius earning $55,000 as the median household income. The company also prefers an outdoor patio seating area. DM
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SPACE PLACE Alabama
Colorado
Florida
Mobile – A 29,544 sq.ft. freestanding building, situated on a land area of 4.2 acres, is available along Dauphin Street. The average daily traffic count is 29,600 vehicles. The asking rent is $7.50 psf NNN. For more information, contact Matt Cummings, Cummings & Associates, Inc., 1 Houston Street, Mobile, AL 36606; 251-476-6000, Fax 251-471-5664; Email: matt@cummingsassoc.com; Web site: www.cummingsassoc.com.
household income. For more information, contact Michael DePalma, Sullivan Hayes Brokerage, 2000 South Colorado Boulevard, Tower I, Suite 8500, Denver, CO 80222; 303-534-0900; Email: mdepalma@sullivanhayes.com.
and Radio Road, has a space of 46,919 sq.ft. available. Cotenants include The UPS Store and Advance Auto Parts. Area demographics include a population of 118,326 within five miles earning $74,542 as the average household income. For more information, contact Brian Bern, Franklin Street Real Estate, 500 North Westshore Boulevard, Suite 750, Tampa, FL 33609; 813-658-3343, Fax 813-8397330; Email: brian.bern@franklinst.com; Web site: www.franklinst.com; or Andy Couch, DJM Realty, 207-650-1754; Email: acouch@djmrealty.com.
Arizona Kingman – Safeway Plaza, located along Stockton Hill Road, has spaces from 1,368 sq.ft. to 1,600 sq.ft. available, along with 1.0acre and 1.22-acre outlots. Cotenants include Mailboxes Net, Frazee, Hot Shots Haircuts, Hibbett Sports, Aaron’s, Anytime Fitness, rue 21, Lee’s Uniform & Embroidery and Papa Murphy’s. Area demographics include a population of 40,801 within five miles earning $48,603 as the average household income. The average daily traffic count is 26,804 vehicles. For more information, contact Casey Cupp, Sandor Development, 10689 North Pennsylvania Street, Suite 100, Indianapolis, IN 46280; 317-524-7834, Fax 317-9270729; Email: ccupp@sandordev.com; Web site: www.sandordev.com.
Colorado Denver – Century 21 Plaza, located at the intersection of South Colorado Boulevard and East Louisiana Avenue, has spaces available, including a 2,375 sq.ft. endcap. Cotenants include Sprint, Protein Bar, Mooyah, Thai Pot Café, Sleep Nation and Hot Tips Nail Salon. Area demographics include a population of 167,000 within three miles earning $89,000 as the average household income. The average daily traffic count is 72,000 vehicles. For more information, contact Douglas Antonoff, Antonoff & Co., 1528 Wazee Street, Denver, CO 80202; 303-454-5417, Fax 303-454-5401; Email: doug@antonoff.com; Web site: www.antonoff.com. Loveland – A proposed 12,000 sq.ft. specialty center located at the intersection of Interstate 25 and Highway 34, has six pad sites available. Area retailers include Bass Pro Shops, Macy’s, Best Buy, Barnes & Noble, Dick’s Sporting Goods, Rock Bottom Brewery and PF Chang’s. Area demographics include a population of 187,398 within ten miles earning $83,287 as the average Dealmakers Magazine | www.dealmakers.net
Connecticut Bristol – Bristol Commons, located along Farmington Avenue, has spaces from 1,100 sq.ft. to 12,800 sq.ft. available. Cotenants include Price Chopper, Olympia, Michaels, Hallmark, Sleepy’s, Radio Shack, Leslie’s Pool Supplies, Planet Fitness, Boston Market, Game Stop and AT&T. Area demographics include a population of 104,290 within five miles earning $67,772 as the median household income. The average daily traffic count is 18,800 vehicles. For more information regarding Bristol Commons, contact Mike Shanahan, Fairfield Retail Partners, 88 Ryders Lane, Stratford, CT 06614; 203-870-8200; Email: mshanahan@fairfieldretail.com; Web site: www.fairfieldretail.com. Trumbull – Hawley Lane Mall, a 340,430 sq.ft. center located along Hawley Lane, has spaces of 2,330 sq.ft. and 4,461 sq.ft. available. Cotenants include Target, Best Buy, Kohl’s, Home Goods, Payless Shoe Source, Joyce Leslie, Subway, Dress Barn and H&R Block. Area demographics include a population of 491,027 within ten miles earning $91,666 as the average household income. For more information, contact National Realty & Development Corp., 800-9327368; Email: nationalrealty@nrdc.com; Web site: www.nrdc.com.
Florida Altamonte Springs – Oak Grove Shoppes, located at the intersection of State Road 434 and Jamestown Boulevard, has spaces from 744 sq.ft. to 21,818 sq.ft. available. Cotenants include The Fresh Market, Stein Mart and Diamond Fitness. Area demographics include a population of 82,512 within three miles earning $53,320 as the median household income. For more information, contact James Mitchell, CBRE, Inc., 189 South Orange Avenue, Suite 1900, Orlando, FL 32801; 407-404-5024; Email: james.mitchell@cbre. com; Web site: www.cbre.com. Naples – Countryside Shoppes, located at the intersection of Santa Barbara Boulevard
Illinois Chicago – A 900 sq.ft. street level space is available along West Lawrence Avenue. Area retailers include Subway, Popeye’s Chicken & Biscuits and T-Mobile. Area demographics include a population of 36,929 within one mile earning $64,427 as the average household income. Schaumberg – Shoppes at Prime Village, a 38,707 sq.ft. center located at the intersection of East Algonquin Road and South Meacham Road, has a space of 2,000 sq.ft. available for lease, along with outlots of 4,500 sq.ft., 7,690 sq.ft. and 12,653 sq.ft. available for sale/ground lease or build to suit. Cotenants include Culver’s, Aldi, Bamboo Garden and Chicago Prime Steakhouse. Area demographics include a population of 275,499 within five miles earning $97,183 as the average household income. For more information regarding the Chicago property, contact Trevor Jack or Ken Robberechts, Baum Realty Group, 312275-3128/3103; Email: trevor@baumrealty.com; Web site: www.baumrealty.com. For more information regarding the Shoppes at Prime Village, contact Allen Joffe or Will Crowden, 312-275-3120/3104; Email: allen@baumrealty.com.
Maryland Ellicott City – Enchanted Forest, located along US Route 40, has spaces of 1,590 sq.ft., 2,991 sq.ft. and 3,650 sq.ft. available. Cotenants include Petco, Safeway, Hair Cuttery, Sherwin-Williams, H&R Block, Pearl Vision and Weight Watchers. Area demographics include a population of 51,961 within three miles earning $128,770 as the average household income. Pikesville – Centre Court, located along Old Court Road, has spaces of 600 sq.ft,. 1,258 sq.ft., 1,309 sq.ft. and 3,458 sq.ft. available. Cotenants include Giant, FedEx, Sport Clips, (continued on page sixteen)
May 2, 2014 | Page 15
SPACE PLACE Maryland (continued from page fifteen)
Edible Arrangements, Massage Envy and Game Stop. Area demographics include a population of 105,852 within three miles earning $80,582 as the average household income. For more information, contact Scotty Sellman, Kimco Realty, 3333 New Hyde Park Road, New Hyde Park, NY 11042; 410427-4416; Email: ssellman@kimcorealty.com. Rockville – The Galvan at 1800 Rockville Pike, a 90,000 sq.ft. center located at the intersection of Rockville Pike and Thompson Avenue, has spaces from 2,190 sq.ft. to 6,000 sq.ft. available. Cotenants include Safeway, Ethan Allen, Smashburger and Capriotti’s. Area demographics include a population of 336,563 within five miles earning $134,026 as the average household income. The average daily traffic count is 51,982 vehicles. For more information, contact Laura Mekulski or Bob Schwenger, JBGR Retail, 4445 Willard Avenue, Suite 400, Chevy Chase, MD 20815; 301-657-7346/7331, Fax 301-657-9850; Email: lmekulski@jbgr.com; Web site: www.jbgr.com.
Massachusetts Swampscott – The Shops at Vinnin Square, an 11,907 sq.ft. center located at the intersection of Paradise Road and Vinnin Street, has a space of 2,134 sq.ft. available. Cotenants include Starbucks, Darque Tan, Fast Frame, Verizon Wireless and Qdoba. Area demographics include a population of 12,891 within one mile earning $91,009 as the median household income. For more information, contact Adam Conviser, Conviser Property Group, 858 Washington Street, Suite 306, Dedham, MA 02026; 781-320-0600, Fax 781-791-4955; Email: adam@conviserpg.com; Web site: www.conviserpg.com.
New Jersey Barnegat – Barnegat Nine Plaza, a 7,344 sq.ft. strip center located at the intersection of Route 9 and Georgetown Boulevard, has a space of 1,242 sq.ft. available. Cotenants include Shore Fire Grill and State Farm Insurance. Area demographics include a population of 47,450 within five miles earning $84,432 as the average household income. The average daily traffic count is 25,000 vehicles. The asking rent is $18 psf NNN. For more information, contact Frank LaSala, Northland Commercial, Inc., Page 16 | May 2, 2014
New Jersey
New Jersey
1410 Valley Road, Wayne, NJ 07470; 973-696-1500, Fax 973-696-1428; Email: fjlrealty@aol.com.
average daily traffic count is 25,600 vehicles. Westmont – Haddon Commons, a 52,871 sq.ft. center located at the intersection of Cuthbert Boulevard and Linwood Avenue, has spaces of 3,000 sq.ft., 3,136 sq.ft., 3,595 sq.ft. and 6,500 sq.ft. available. Cotenants include Acme, CVS and 7-Eleven. Area demographics include a population of 143,803 within three miles earning $77,910 as the average household income. The average daily traffic count is 22,811 vehicles. For more information, contact David Sherin, Regency Centers, 610-747-1212; Email: davidsherin@regencycenters.com.
Gloucester City – Gloucester Town Center, a 108,000 sq.ft. center located at the intersection of Berlin Cross Keys Road and Williamstown-Erial Road, has pad sites from 1,200 sq.ft. to 5,000 sq.ft. available, along with an endcap space of 3,500 sq.ft. Cotenants include Acme Market, Dollar Tree, Hallmark, AT&T and Marco’s Pizza. Area demographics include a population of 151,643 within five miles earning $81,950 as the average household income. The asking rent is $18 psf NNN. For more information, contact George Wisnoski, Equity Retail Brokers - Retail Brokers Network Member, 101 West Elm Street, Suite 370, Conshohocken, PA 19428; 484-417-2220; Email: gwisnoski@equityretailbrokers.com. Sayreville – Townelake at Sayreville, located at the intersection of Main Street and Sayreville Boulevard South, has pad sites up to 10 acres available. Area retailers include Shop Rite, Retro Fitness, Pep Boys Auto, Dollar Tree, Marshalls, Modell’s and Sleepy’s. Area demographics include a population of 246,262 within five miles earning $77,600 as the median household income. For more information, contact Ira Kerner or Michael Rawlins, Ripco Real Estate, 125 Chubb Avenue, Suite B, Lyndhurst, NJ 07071; 201-777-2300, Fax 201-777-2314; Email: ikerner@ripconj.com; Web site: www.ripconj.com. Toms River – Indian Head Plaza, a 237,333 sq.ft. center located at the intersection of Route 9 and Route 571, has an anchor space of up to 35,000 sq.ft. available. Cotenants include Home Depot and Pathmark. For more information, contact Jacobs Enterprises, Inc., 1051 Bloomfield Avenue, Clifton, NJ 07012; 973-591-5222; Web site: www.jacobs-enterprises.com or Summit Realty, LLC, 908-832-0276; Web site: www. summitrealtyllc.com. Wayne – Plaza Square, a 103,891 sq.ft. center located along Hamburg Turnpike, has spaces of 2,016 sq.ft. and 2,866 sq.ft. available. Cotenants include Shop Rite, GNC, Great Clips, Dollar Power & Deals, Sam’s Bagel and Deli and Wendy’s. Area demographics include a population of 90,512 within three miles earning $111,906 as the average household income. The
New York Camillus – Aspen Dental Plaza, located along West Genesee Street, has a restaurant-ready endcap space of 1,699 sq.ft. available. The average daily traffic count is 35,884 vehicles. For more information, contact Bart Feinberg or Valerie Alfieri, Sutton Real Estate Co., LLC, 315-424-1111/315-663-8827. Harriman – Woodbury Centre, located near Route 6, has spaces from 6,800 sq.ft. to 31,000 sq.ft. available. Cotenants include Kohl’s, Staples, Pier 1 Imports, T.G.I. Friday’s, Eileen Fisher, Modell’s and Michaels. For more information, contact The WAS Group, LLC, 862-203-4352; Web site: www.was-group.com. Middletown – Orange Plaza, an 814,062 sq.ft. power center located at the intersection of Route 17 and Route 211, has spaces of 2,500 sq.ft., 4,200 sq.ft. and 4,729 sq.ft. available, along with a pad site of up to 40,000 sq.ft. Cotenants include Burlington Coat Factory, Kohl’s, The Home Depot, David’s Bridal, Dollar Power, Sleepy’s, GNC, Bed Bath & Beyond, Party City, Marshalls and Old Navy. Area demographics include a population of 124,946 within ten miles earning $82,394 as the average household income. The average daily traffic count is 46,000 vehicles. For more information, contact National Realty & Development Corp., 800-9327368; Email: nationalrealty@nrdc.com; Web site: www.nrdc.com.
Ohio Fairview Park – Westgate Shopping Center, a 354,628 sq.ft. center located at the intersection of Center Ridge Road and West 210th Avenue, has spaces available. Cotenants include Lowe’s Home Improvement, Kohl’s, Marshalls, Petco, Earth Fare, Famous Dealmakers Magazine | www.dealmakers.net
SPACE PLACE Ohio
Tennessee
Texas
Footwear, Sally Beauty Supply, Great Clips and Starbucks. For more information, contact Steve Eisenberg, Arnold J. Eisenberg, Inc.- Retail Brokers Network Member, 24500 Chagrin Boulevard, Suite 120, Beachwood, OH 44122; 216-831-6773, Fax 216-831-3869.
as the average household income. The average daily traffic count is 24,000 vehicles. For more information, contact Amanda Steidtmann, Crossman & Co., 678-920-1996; Email: asteidtmann@crossmanco.com; Web site: www.crossmanco.com.
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; 210-650-0380, Fax 210650-5630; Email: sgangel@sigainternational.com.
Pennsylvania Audubon – Audubon Square II, located at the intersection of Trooper Road and Forge Avenue, has a 3,600 sq.ft. endcap available, along with a 4,600 sq.ft. pad site available for ground lease. Area demographics include a population of 155,310 within five miles earning $92,700 as the average household income. The average daily traffic count is 19,000 vehicles. For more information regarding Audubon Square II, contact Andrew Shpigel or Michael Salove, Michael Salove Co., 215-568-2600 Ext. 715/717; Email: ashpigel@salove.com. Folsom – A space of 3,054 sq.ft. is available along MacDade Boulevard. Area demographics include a population of 352,821 within five miles earning $68,916 as the average household income. The average daily traffic count is 25,283 vehicles. For more information, contact Jack Corcoran, Legend Properties, Inc., 521 Plymouth Road, Suite 118, Plymouth Meeting, PA 19462; 610-941-4034, Fax 610941-4038; Email: jcorcoran@lpre.com; Web site: www.lpre.com. West Chester – Bradford Plaza, located at the intersection of Route 162 and Route 322, has spaces from 1,577 sq.ft. to 8,000 sq.ft. available. Cotenants include Giant, Walgreens, Petco, Sally Beauty Supply, AT&T, Dollar Tree and Brothers Pizza. Area demographics include a population of 104,119 within five miles earning $101,509 as the average household income. For more information, contact Colin Behr, CBRE, Inc., 625 West Ridge Pike, Building A, Suite 100, Conshohocken, PA 19428; 610-834-8000, Fax 610-834-1793; Email: colin.behr@cbre.com.
Tennessee Antioch – Mt. View Marketplace, located at the intersection of Murfreesboro Pike and Pin Hook Road, has spaces available. Cotenants include Publix, Petco, Goodwill, Workout Anytime, Jet’s Pizza and Subway. Area demographics include a population of 133,718 within five miles earning $57,501 Dealmakers Magazine | www.dealmakers.net
Texas San Antonio – A 1,200 sq.ft. space is available at the intersection of Basse Road and Blanco Road. Area demographics include a population of 135,555 within
San Antonio – A 2,500 sq.ft. space is available along San Pedro Avenue. Area retailers include Popeye’s Chicken & Biscuits, KFC/ Taco Bell, Advance Auto Parts, McDonald’s, (continued on page eighteen)
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SPACE PLACE Texas (continued from page seventeen)
Chair King, Walgreens and H-E-B. The average daily traffic count is 39,921 vehicles. For more information, contact Dick McCaleb, RFM Commercial, Inc., 210-8260036 Ext. 23; Email: dick@rfmcommercial.com.
Virginia Glen Allen – Hondos at the Shoppes at Innsbrook, located along Cox Road, has a space of 2,938 sq.ft. available. Cotenants include Cartridge World, Padow’s Hams & Deli and Hondos Prime Steak. Area demographics include a population of 168,695 within five miles earning $87,469 as the average household income. For more information, contact Jeff Doxey, Harrison Hall or Peter Vick, NAI Eagle, 2250 Old Brick Road, Suite 240, Richmond, VA 23060; 804-217-6904/6903/6905; Email: jeffdoxey@naieagle.com; Web site: www.naieagle.com. Manassas – Wellington Square, a 25,000 sq.ft. pad site is available at the intersection of Wellington Road and Grant Avenue. Area
Virginia
Washington, DC
retailers include Walgreens and Exxon. Area demographics include a population of 131,050 within five miles earning $94,748 as the average household income. Purcellville – Vineyard Square, located at the intersection of North 21st Street and Main Street, has retail spaces available. Area demographics include a population of 73,287 within a fifteen minute drivetime earning $115,774 as the average household income. For more information regarding Wellington Square, contact Mark Fontaine, Renaud Consulting, 8605 Westwood Center Drive, Suite 410, Vienna, VA 22182; 703-404-2346; Email: mfontaine@renaudconsulting.net; Web site: www.renaudconsulting.net. For more information regarding Vineyard Square, contact Mark Fontaine or Sam Chapman; Email: schapman@renaudconsulting.net.
Cotenants include Lee’s Mini Market and Flex Care Pharmacy. Area demographics include a population of 229,413 within five miles earning $70,358 as the average household income. For more information, contact Bethany Scanlon or John Mitchell, JBGR Retail, 4445 Willard Avenue, Suite 400, Chevy Chase, MD 20815; 240-333-3203/301-657-7336, Fax 301-657-9850; Email: bscanlon@jbgr.com; Web site: www.jbgr.com.
Washington, DC Washington, DC – Fort Davis Center, a 44,147 sq.ft. center located at the intersection of Pennsylvania Avenue and Alabama Avenue, has a space of 2,875 sq.ft. available.
West Virginia Martinsburg – A development located at the intersection of Interstate 81 and Apple Harvest Drive, has inline and junior anchor spaces available, along with pad sites. Area retailers include Martin’s, Lowe’s, Food Lion, Kmart, Regal Cinemas and Office Max. Area demographics include a population of 70,855 within five miles earning $54,860 as the average household income. The average daily traffic count is 63,500 vehicles. For more information, contact Ray Schupp, Next Realty, 703-442-8825; Email: rschupp@nextrealty.com. DM
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