Dealmakers Magazine | May 6, 2011

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

Volume XXVI No. XVIII

May 6, 2011

Home-Related Chains Expand Nationwide La-Z-Boy, Inc. trades as La-Z-Boy at 300 locations nationwide and throughout Canada. The home furnishings stores occupy spaces of 15,000 sq.ft. in freestanding locations and endcaps of lifestyle and power centers. Plans call for 12 openings throughout the existing markets during the coming 18 months. Typical leases run 10 years. Specific improvements are required. Preferred cotenants include Bed Bath & Beyond, Home Depot, Best Buy, Lowe’s Home Improvement and Target. Preferred demographics include a population of 200,000 within 15 miles earning $60,000 as the average household income. For more information, contact David Baratta, La-Z-Boy, Inc., 1284 North Telegraph Road, Monroe, MI 48162; 734-242-1444, Fax 734457-2448; Email: david.barrata@la-z-boy.com; Web site: www.la-z-boy.com. Airbase Carpet & Tile Mart operates 11 locations throughout DE and PA. The stores, offering floor coverings, occupy spaces of 25,000 sq.ft. to 50,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout PA during the coming 18 months. Major competitors include Home Depot and Lowe’s Home Improvement. A land area of three acres is required. For more information, contact Michael Longwill, Airbase Carpet & Tile Mart., 230 North Dupont Highway, New Castle, DE 19720; 302-328-1597 Ext. 222, Fax 302-322-9151; Email: mlongwill@carpetmart.com; Web site: www.carpetmart.com.

Northern Tool & Equipment Co., Inc. trades as Northern Tool & Equipment at 70 locations throughout FL, GA, IA, KS, MN, NC, ND, OK, SC, TN, TX, VA and WI. The home improvement stores, offering tools and power equipment, 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, MN, MO, 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, Northern Tool & Equipment Co., Inc., 2800 Southcross Drive West, Burnsville, MN 55306; 952-808-6629, Fax 952-641-2503; Email: brent.obert@northerntool.com; Web site: www.northerntool.com. Treadwell Management Group, Ltd. trades as Rent One Plus at 10 locations throughout NH. The home furnishings rental stores occupy spaces of 1,900 sq.ft. in freestanding locations, malls, strip centers and downtown areas. Growth opportunities are sought throughout the existing market during the coming 18 months. For more information, contact Evan MacDonald, Treadwell Management Group, Ltd., 27 Harvey Road, Bedford, NH 03110; 603645-4910, Fax 603-645-5210. (continued on page nine)

This issue contains information on:

* Retailers operating 19,863 locations with plans to open 1,128 sites * Real estate valued in excess of $157.9 million to be bought, sold & financed * Leasing activity on over 5.5 million sq.ft. of retail properties

Important News Please Expedite

Postmaster: Periodical

Featuring National Focus New Construction Childress Klein Properties is preleasing new phases of a 485,000 sq.ft. center in Summerville, SC.................... Pg. 3 Buyers and Sellers PJS, Inc. looks to acquire net-leased, single-tenant freestanding properties in MD and RI.................................... Pg. 4 The Royston Group is selling a Best Buy in Alpharetta, GA Pg. 7 Food Retailers Expand Chili’s seeking sites throughout northen CA.......... Pg. 5 Lease Signings The Goldstein Group negotiated a lease with JoAnn Fabrics for 30,000 sq.ft. in Eatontown, NJ................... Pg. 6 Sources of Financing WG Capital Group provides bridge financing for properties in major markets nationwide Pg. 6 Exclusives The Wilder Cos. named exclusive leasing and management agent for a center in Burlington, MA....... Pg. 7 Openings rue21, Inc. plans to open 100 locations this year.................. Pg. 8 In the News The Shopping Center Group acquired Rebkee Realty......... Pg. 9 Lead Sheet Anna’s Linens to open 75 locations within the coming 18 months............................. Pg. 11 Comet Cleaners seeking sites nationwide............................ Pg. 14 Space Place........................... Pg. 16

For more news go to: www.dealmakers.net Mobile Access Code: nf050611


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