Reporting The Nation’s Weekly News on Retailing & Retail Real Estate Volume XXX No. XVII
May 8, 2015
FEATURING SUPERMARKET CHAINS EXPAND Harris-Teeter Supermarkets, Inc. trades as Harris-Teeter at more than 230 locations throughout DE, FL, GA, MD, NC, SC, TN, VA and Washington, DC. The supermarkets, featuring produce, seafood, meat, floral and pharmacy departments, occupy spaces of 45,000 sq.ft. to 123,000 sq.ft. in freestanding locations, power and strip centers. Growth opportunities are sought throughout MD, NC, SC, VA and Washington, DC during the coming 18 months. Typical leases run 20 years. For more information, contact Scott Wippel, Harris-Teeter Supermarkets, Inc., 701 Crestdale Road, Matthews, NC 28105; 704-844-3100, Fax 704-844-3476; Email: swippel@harristeeter.com; Web site: www.harristeeter.com. Earth Fare operates 36 locations throughout AL, FL, GA, IN, KY, MI, NC, OH, SC and TN. The supermarkets, offering organic and natural food items, occupy spaces of 22,000 sq.ft. in freestanding locations, power and strip centers, as well as urban/downtown areas. Growth opportunities are sought throughout Orlando, FL during the coming 18 months, with representation by Atlantic Retail Properties. For more information, contact Daniel Lynch or Greg Godino, Atlantic Retail Properties, 1001 North US Highway One, Suite 600, Jupiter, FL 33477; 561-427-6699, Fax 561-427-6561; Email: dlynch@atlanticretail.com; Web sites: www.atlanticretail.com and www.earthfare.com.
Publix Super Markets, Inc. trades as Publix at more than 1,000 locations throughout AL, FL, GA, NC, SC and TN. The supermarkets, featuring bakery, deli, produce, seafood, floral and pharmacy departments, occupy spaces of 27,000 sq.ft. to 61,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. For more information, contact Jeff Chamberlain, Publix Super Markets, Inc., PO Box 407, Lakeland, FL 33802; 863-688-1188, Fax 863-499-5465; Email: vicki.brekke@publix.com; Web site: www.publix.com. Dean’s Natural Food Market operates three locations throughout NJ. The supermarkets, offering organic and natural groceries and bulk food items, occupy spaces of 5,000 sq.ft. to 7,000 sq.ft. in freestanding locations and endcaps of shopping centers. Growth opportunities are sought throughout the existing market during the coming 18 months, with representation by Silbert Realty & Management Co., Inc. For more information, contact Brian Silbert, Silbert Realty & Management Co., Inc., 85A Division Avenue / PO Box 406, Millington, NJ 07946; 908-604-6900, Fax 908-604-2030; Web sites: www.silbertrealestate.com and www.deansnaturalfoodmarket.com. (continued on page fourteen)
THIS ISSUE CONTAINS INFORMATION ON: • Retailers operating 40,176 locations with plans to open 2,987 sites • Real estate valued in excess of $291 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
PRE-SHOW ICSC RECON 2015 New Construction Ripco Real Estate Corp. preleasing an 80,000 sq.ft. retail development in Brooklyn, NY.... Pg. 4 Observations and Conversations Pg. 6 Buyers and Sellers Ziff Properties recently acquired a shopping center in Columbus, GA for $6.6 million.................... Pg. 8 Food Chains Expand Burgerfi on a national push......... Pg. 10 Larosa’s to open up to 10 sites and enter five new markets......... Pg. 10 Who’s Opening and Where Dick’s Sporting Goods plans to operate 750 locations by the end of fiscal 2017.............................. Pg. 12 La Crawfish plans to open 15 to 20 franchised locations............... Pg. 12 Sources of Financing Cronheim Mortgage negotiated financing for THE AVENUE, a lifestyle shopping center in Baltimore, MD............................ Pg. 15 Making the News CBRE Group, Inc. hires vice president at the company’s Phoenix, AZ office...................... Pg. 15 Lease Signings Progressive Real Estate Partners negotiates a lease with Crunch Fitness in San Dimas, CA............ Pg. 15 The Zall Co. negotiated a lease with Uniqlo for space at Denver Pavilions..................................... Pg. 15 Lead Sheet TESLA Motors seeking expansion opportunities nationwide............ Pg. 17 Boscov’s to enter CT................... Pg. 18 Foot Solutions plans to open at least 100 locations worldwide.... Pg. 19 Space Place................................ Pg. 26
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ALTHOUGH ALL INFORMATION REGARDING PROPERTY FOR SALE, RENTAL OR FINANCING IS FROM SOURCES DEEMED RELIABLE SUCH INFORMATION HAS NOT BEEN VERIFIED, AND NO EXPRESS REPRESENTATION IS MADE NOR IS ANY TO BE IMPLIED AS TO THE ACCURACY THEREOF, AND IT IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE.
NEW CONSTRUCTION Ripco Real Estate Corp. is preleasing an 80,000 sq.ft. retail development located at the intersection of Morgan Avenue and Bogart Street in the Williamsburg section of Brooklyn, NY. Up to 35,000 sq.ft. of space is available. Cotenants will include an upscale gourmet grocery store. Area retailers include Roberta’s, Brooklyn Natural, Momo Sushi, King’s Country, Pine Box Rock Shop and Swallow Café. For more information, contact Andrew Clemens or Ben Weiner, Ripco Real Estate Corp., 150 East 58th Street, 15th Floor, New York, NY 10155; 212-750-6565; Emails: aclemens@ripcony.com and bweiner@ripcony.com; Web site: www.ripcony.com. TWG Development, LLC is developing Pulliam Place, a mixed-use project located at the site of the former Indianapolis Star headquarters at the intersection of Delaware Street and New York Street in Indianapolis, IN. Plans for the first phase of construction call for 13,000 sq.ft. of ground level retail space and 145 apartment units housed in a five-story building. Cotenants will include The Tap restaurant. For more information, contact TWG Development, LLC, 333 North Pennsylvania Street, Suite 100, Indianapolis, IN 46204; 317-264-1833; Web site: www.twgdev.com. Crossman & Co. is preleasing Shoppes of Dade City, located at the intersection of Clinton Avenue and US Highway 301 in Dade City, FL. Publix will anchor the center and cotenants will include Lee Nails and China Ring. Area demographics include a population of 25,199 within a five-mile radius earning $54,535 as the average household income. The average daily traffic count is 38,600 vehicles. For more information, contact Tracy Worrell, Crossman & Co., 3333 South Orange Avenue, Orlando, FL 32806; 407581-6219; Email: tworrell@crossmanco.com; www.crossmanco.com. Retail Specialists, LLC is preleasing Central City, a mixed-use project located at the intersection of Richard Arrington Jr. Boulevard and 7th Avenue South in Birmingham, AL. The project will feature three floors of loft apartments and a 15,000 sq.ft. retail component. Construction is slated for completion during spring 2016. For more information, contact Retail Specialists, LLC, 120 18th Street South, Suite 201, Birmingham, AL 35233; 205313-3676, Fax 205-313-3677; Web site: www.retailspecialists.com. Page 4 | May 8, 2015
Centennial American Properties, LLC is preleasing a proposed retail development located along Exeter Road in Germantown, TN. Spaces from 7,000 sq.ft. to 25,000 sq.ft. are available. Area retailers include Whole Foods Market, Dollar Tree, Kroger, Bed Bath & Beyond, Hobby Lobby, McDonald’s, Walgreens and Apple. For more information, contact Centennial American Properties, LLC, 935 South Main Street, Suite 201, Greenville, SC 29601; 800-504-0046, Fax 864-242-5498; Email: info@capllc.com. Killian Pacific is developing LOCA, a mixeduse project located along Southeast Belmont Street in Portland, OR. Plans call for retail space anchored by a 26,000 sq.ft. Market of Choice grocery store and an 89,000 sq.ft. Orchard Supply Hardware store, along with 247 apartments. For more information, contact Killian Pacific, 500 East Broadway, Suite 110, Vancouver, WA 98660-3323; 360-567-0626, Fax 360-567-0621; Email: info@killianpacific.com; Web site: www.killianpacific.com. Roberts Equities, LLC is redeveloping a former automotive dealership situated on 3.65 acres at the intersection of 11th Street and US Highway 1 in Vero Beach, FL. Plans call for a strip center with two outparcels. For more information, contact Randy Tulepan, Roberts Equities, LLC; 561-5716086; Email: randy@robertsequities.com; Web site: www.robertsequities.com. Blanchard & Calhoun is proposing the development of Buckwalter Place, a mixeduse project situated on 34 acres in Bluffton, SC. Plans call for five buildings with 58,000 sq.ft. of retail and restaurant space, a large public park, 150 apartment units and a 1,085-car parking lot. Kroger Marketplace will anchor the retail component. For more information, contact Blanchard & Calhoun; Web site: www.blanchardandcalhoun.com. Cambra Realty is proposing the development of a mixed-use project situated on six acres along Thousand Oaks Boulevard in Thousand Oaks, CA. Plans call for three buildings featuring a 181-unit residential component, and ground level retail and medical offices, in addition to 867 vehicle underground and surface parking spaces. For more information, contact Cambra Realty, 450 North Roxbury, Suite 725, Beverly Hills, CA 90210; 310-275-4425, Fax 310-388-3169; Email: michael@cambrare.com; Web site: www.cambrare.com.
The Community Builders, Inc. is developing Avondale Town Center, a mixed-use project located at the intersection of Rockdale/Forest Avenue and Reading Road in Cincinnati, OH. Plans include residential and retail components, along with a grocery store anchor. Construction is slated to begin during 2016. For more information, contact The Community Builders, Inc., 135 South LaSalle Street, Suite 3350, Chicago, IL 60603; 312577-5555, Fax 312-263-0337; Web site: D www.tcbinc.com. M
President/Publisher Ann O’Neal • ann@dealmakers.net Editor Erin Dunkley • erin@dealmakers.net Editor Stephanie Weaver • stephanie@dealmakers.net Creative Director Anthony Pingicer • anthony@dealmakers.net Account Executive Nicole Papa • nicole@dealmakers.net Executive Assistant Kait Kelly • kait@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 $344 per year U.S., foreign $419 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 2015 by TKO Real Estate Advisory Group Inc. 609-587-6200, fax 609-587-3511.
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While creativity and hard work are behind every successful shopping center, sweat equity alone is not enough. Capital is critical to unlock a property’s full potential, be it for a loan restructure, a redevelopment or an acquisition. At Hutensky Capital Partners we have the capital and expertise to help you clean up.
Visit us at ICSC RECon. We are located at C100 Union Street.
A Partner That’s Different Brad Hutensky | bhutensky@hcpfund.com | 860.297.4530 100 Constitution Plaza, Seventh Floor, Hartford, Connecticut 06103 | hcpfund.com
OBSERVATIONS AND CONVERSATIONS In most leases, the legal intent and consequences are the same; however, too many tenants and landlords get caught up in the minutia of semantics during both the LOI phase and lease negotiations. Ann O’Neal Welcome to The Dealmakers’ pre-show edition for RECon. I’m hearing from the street that most people have a full schedule of appointments this year, and they were already fully booked weeks before the show. This year, I have more appointments directly with retailers, not their tenant reps, than I have had in the past five years. Monday and Tuesday will definitely have a high attendance, but as usual, a short day on Wednesday will most likely have lower traffic. In my opinion, Wednesdays are the best day to talk to people because they aren’t distracted by thinking about staying on time with their schedule. Plus, by the third day of the convention, most people are usually so tired that they’re more relaxed. There are a lot more cocktail parties this year, too. It’s nice to see that so many companies have the budget to throw a big bash; we’ve come a long way since 2010 when most companies had no choice but to make severe cuts to entertainment expenses. Hopefully, everyone will party their hearts out; we’ve earned good times as survivors of the last great recession. The Dealmakers’ RECon special edition also marks our 30th anniversary; I’m looking forward to the next few decades of watching the shopping center industry evolve and grow. The Dealmakers’ state of the industry report will be published in the special show edition for RECon. It’s a must read and gives benchmarks on the industry from 2010 to date. The research for the report finds that retailers are more actively opening stores, and in addition, rents, land and construction costs are increasing in prime real estate markets. The report also addresses acquisition activity, as well as forecasts interest and Cap rates. It’s not just a report of statistics; the melding of virtual and physical store fronts is also explored in depth, as well as emerging retail concepts. We will distribute the RECon edition to the hotel rooms of the attendees that booked through Deprez Travel, plus, you can pick up a copy at newsstands in our advertisers’ booths throughout the convention and, of course, from our booth #283 in the South Hall on Q Street. Also, the magazine has a floor plan of the convention for you to conveniently reference. The RECon issue has an interesting feature article on how to speed up the process of getting leases signed. If you compare how we transact business today to thirty years ago, it’s like comparing an abacus to an iPhone. The expense was also greater; in order to get an aerial photo I would hire a pilot to fly over the site and take photos, then the prints of the photos would be mailed. Plus, demographic reports took two weeks, and they were also sent by snail mail. Negotiating a lease was a nightmare compared to today with almost instantaneously sharing written comments electronically. I remember spending from 8:00 to midnight negotiating lease and sale agreements with the landlord or the seller, the tenant or the buyer, two lawyers, a few brokers and I stuffed into a conference room. It was close to torture after the first nine hours and I think a lot of deals got finalized in the wee hours just because everyone was too exhausted to fight any more. The conversation always got heated because everyone was under Page 6 | May 8, 2015
pressure to get the deal signed before anyone could leave the building. What’s interesting is that even with all of our technology, it still takes too long to finalize a deal. My hunch is that it takes as long today to get an executed deal as it did thirty years ago. In the old days, it wasn’t unheard of for a retailer to open a store before the lease was signed and solely based by a verbal commitment, but now the shopping center industry has become so sophisticated that would never occur. Originally, LOIs were simple one-page documents that just outlined occupancy costs, term, space and co-tenancy requirements along with a dollar amount that the landlord agreed to for TI. Back then, the attorneys hashed out the legal details after the LOI was signed. Today, LOIs are much more complex, yet the attorneys still take as much time to finalize a lease as they did when LOIs were intended to outline only the business terms. Making things more complicated than they need to be always drags the momentum of finalizing a deal. Unfortunately, there’s no standardization of lease documents, no matter if the document is written by the landlord or the tenant. In most leases, the legal intent and consequences are the same; however, too many tenants and landlords get caught up in the minutia of semantics during both the LOI phase and lease negotiations. The state of the industry report also discusses changes in negotiating tactics by retailers for shorter lease terms. Make sure you read it; I promise you will glean some invaluable insights. I have to wrap it up. Stop by and see us at our booth #283 on Q Street in the South Hall. The Dealmakers’ prize crew will also be roaming the convention; give them your business card to enter drawings for iPads and other fun stuff, or drop your card off at our booth. We’ll also be running demonstrations of our online tenant directories. If you have space to fill, drop by and in five minutes or less we can show you how good the leads are and how easy the directories are to use. We will also have a lounge area where you can sit on a couch, and no one will hassle you for resting your feet. We’ll have a recharging station for your mobile devices too. Well get ready to wear out your feet and talk so much you can barely speak by Wednesday. But, most importantly, while you’re at RECon, you should eat and drink too much, stay up too late and make a lot of deals! It only comes around once a year; make the most of it! Here’s to making more deals,
Ann O’Neal, Publisher
Dealmakers Magazine | www.dealmakers.net
SHOPPING FOR YOUR NEXT LOCATION? Bricktown, NJ Centereach, NY East Meadow, NY Farmingdale, NY Middle Island, NY Setauket, NY
East Meadow, NY Medford, NY Miller Place, NY Montgomery, NY Smithtown, NY Plus 6 Additional Locations
Commack, NY Deer Park, NY Islandia, NY Plus 28 Additional Locations
Hampton Bays, NY Kingston, NY Middletown, NY Newburgh, NY
Lake Grove, NY Manhasset, NY Plainview, NY Sayville, NY
Dix Hills, NY East Meadow, NY East Northport, NY Hempstead, NY
Farmingdale, NY Sayville, NY
East Meadow, NY Farmingdale, NY Hempstead, NY Philadelphia, PA
Medford, NY Patchogue, NY
Farmingdale, NY Hampton Bays, NY
Huntington, NY Levittown, NY Massapequa, NY
Hempstead, NY Lake Grove, NY
Bay Shore, NY East Northport, NY Farmingdale, NY Setauket, NY
Baldwin, NY East Meadow, NY Hempstead, NY Sayville, NY
Bethel, CT Plainview, NY Wantagh, NY
Bay Shore, NY, Huntington Sta., NY Massapequa, NY Sayville, NY
Deer Park, NY Farmingdale, NY Merrick, NY Oceanside, NY Plus 12 Additional Locations
Plainview, NY
West Haven, CT Kingston, NY
Lake Grove, NY
Levittown, NY
Carle Place, NY Farmingdale, NY Hicksville, NY Uniondale, NY
East Meadow, NY Farmingdale, NY
Glen Cove, NY Hampton Bays, NY Lindenhurst, NY Poughkeepsie, NY Syosset, NY Wantagh, NY
Lake Grove, NY Merrick, NY Oceanside, NY Plainview, NY Westbury, NY
Coram, NY Hempstead, NY Patchogue, NY
速
Philadelphia, PA
Neighborhood Market
Levittown, NY
Farmingdale, NY Westbury, NY
Bethel, CT Hewlett, NY New Hyde Park, NY Plus 10 Additional Locations
VISIT US AT OUR NEW BOOTH S243 R STREET AT RECON 2015. For more information or to schedule an appointment, contact: Robert Delavale, Director of Leasing | 516-741-7400 x230 | rdelavale@breslinrealty.com 500 Old Country Road, Garden City, NY 11530 | Fax 516-741-5621 | www.breslinrealty.com
BUYERS AND SELLERS Velocity Retail Group, LLC recently negotiated the sale of an 1,800 sq.ft. freestanding Starbucks with a drivethru located at the intersection of North Scottsdale Road and McKellips in Tempe, AZ. The company represented the seller, SWC Scottsdale & McKellips, LLC, and DTZ represented the buyer, TEMK Investments Femont, LLC, in the transaction. For more information, contact Christina Biagioli, Velocity Retail Group, LLC; 602-682-8170; Email: christina.biagioli@velocityretail.com; Web site: www.velocityretail.com. Riser Retail Group is selling the following freestanding Walmart Neighborhood Markets: in Alexandria, LA for $11.4 million with a Cap rate of 5%; in Bossier City, LA for $12.065 million with a Cap rate of 5%; in Pineville, LA for $12.55 million with a Cap rate of 5% and in Brunswick, GA for $13.308 million with a Cap rate of 5%. The triplenet leases expire in 2035 and feature four, five-year options. For more information, contact John Riser, Riser Retail Group; 317-844-0700; Email: jriser@riserretailgroup.com; Web site: www.riserretailgroup.com. LevRose Commercial Real Estate is selling Coconut Grove Shopping Center, a 34,405 sq.ft. shopping center located at the intersection of University Drive and Lindsay Road in Mesa, AZ. The property is currently 88% occupied. The asking price is $3.5 million. For more information, contact Keri Davies or Jon Rosenberg, LevRose Commercial Real Estate; 480-294-6572/480-2946011; Emails: kdavies@levrose.com and jrosenberg@levrose.com.
Avison Young recently negotiated the sale of Apex Promenade, a shopping center located at the intersection of Haddon Hall Road and Highway 55/Williams Street in Apex, NC. The transaction included an hhgregg and Carabba’s Italian Grill restaurant, along with a 6.45 acre land area. The property was acquired for $5.5 million and the company represented the seller and procured the buyer in the transaction. For more information, contact Beverly Keith, Avison Young, 1511 Sunday Drive, Suite 200, Raleigh, NC 27607; 919-7198192; Email: beverly.keith@avisonyoung.com; Web site: www.avisonyoung.com. Ziff Properties, Inc. recently acquired St. Francis Marketplace, a 63,608 sq.ft. shopping center located along Woodruff Road in Columbus, GA. The property was acquired for $6.6 million. CB Richard Ellis Atlanta represented the company in the transaction. For more information, contact Christian Chamblee, Ziff Properties, Inc., 200 Wingo Way, Suite 100, Mt. Pleasant, SC 29464; 843-670-2080; Email: cchamblee@zpi.net; Web site: www.zpi.net. Colliers International Tampa Bay recently negotiated the sale of Oakhurst Plaza, a 51,740 sq.ft. shopping center located in Seminole, FL. At the time of the sale, Publix Supermarket anchored the center. The property was acquired for $6.3 million and the company represented the seller in the transaction. For more information, contact Colliers International Tampa Bay, One Urban Center, 4830 West Kennedy Boulevard, Suite 300, Tampa, FL 33609; 813-221-2290, Fax 813224-9403; Web site: www.colliers.com.
LevRose Commercial Real Estate is selling Coconut Grove Shopping Center in Mesa, AZ. Page 8 | May 8, 2015
Cushman & Wakefield | Thalhimer recently negotiated the sale of a 1.32-acre land area at Ironbridge Corner, located at the intersection of Route 10 and Iron Bridge Parkway in Chesterfield County, VA. The buyer plans to develop an O’Reilly Auto Parts store on the parcel. The property was acquired for $400,000 and the company represented the seller in the transaction. The company also recently represented Bojangles with the acquisition of a 1.73-acre outparcel at Chippenham Square, located along Midlothian Turnpike in Chesterfield County, VA. For more information regarding the site at Ironbridge Center, contact Connie Jordan Nielsen or Alicia Farrell, Cushman & Wakefield | Thalhimer, 11100 West Broad Street, Glen Allen, VA 23060; 804-648-5881; Web site: www.cushmanwakefield.com. For more information regarding Chippenham Square, contact Nicki Jassy; 804-697-3433; Email: nicki.jassy@thalhimer.com. Keegan & Coppin Co., Inc. is selling Bellevue Marketplace, a 21,230 sq.ft. neighborhood shopping center located along Stony Point Road in Santa Rosa, CA. The asking price is $4.95 million with a Cap rate of 6.55%. For more information, contact Rhonda Deringer or Dave Peterson, Keegan & Coppin Co., Inc., 1355 North Dutton Avenue, Santa Rosa, CA 95401; 707-528-1400, Fax 707524-1419; Emails: rderinger@keegancoppin.com and dpeterson@keegancoppin.com; Web site: www.keegancoppin.com. Mid-America Real Estate Corp. recently negotiated the sale of a 7,905 sq.ft. retail property located along North Western Avenue in Chicago, IL. At the time of the sale, tenants included Potbelly Sandwich Shop, Mattress Firm and Starbucks, The property was acquired by The Access Group, LLC and the company represented the seller in the transaction. For more information, contact Emily Dutson, Mid-America Real Estate Corp., 630261-6962; Email: edutson@midamericagrp.com. The Boulder Group is selling a freestanding LA Fitness in Chicago, IL. The tenant is bound to a lease with 14 years remaining on the initial term and featuring 10% rent escalations every five years. Area demographics include a population of 70,000 within a one-mile radius. The asking price is $10 million. For more information, contact Randy Blankstein or Jimmy Goodman, The Boulder Group, 666 Dundee Road, Northbrook, IL D 60062; 847-562-0003/8500. M Dealmakers Magazine | www.dealmakers.net
LMS NORTHEAST TOWER CENTER
U NDERGOING R ENOVATIONS
Philadelphia, PA Walmart, Staples & Petsmart
WINDSOR COMMONS Red Lion, PA Giant, Dollar Tree & Subway
1,600 - 7,200 SF
5,000 - 17,500 SF
OCEAN LANDINGS II
Berlin, MD Walmart & Home Depot
Jr Anchor, Inline Space & Pad Sites
FESTIVAL AT HAMILTON
Mays Landing, NJ ACME, Jo-Ann Fabrics & Pier 1
Up to 9,050 SF
U NDERGOING R ENOVATIONS
3,500 - 8,434 SF
SOUTH HANOVER S.C. Hanover, PA Giant & Planet Fitness
1,600 - 3,600 SF
GETTYSBURG STATION
Up to 20,000 SF
5,000 - 13,800 SF
HOME DEPOT PLAZA
MANHEIM SHOPPING CENTER
Bensalem, PA Home Depot, AMC Theatres & Babies R US
2,500 - 10,000 SF
Pad Site & Restaurant Endcap w/ Outdoor Seating
AT
Harrisburg, PA Gabe’s & Weis Markets
MARKETPLACE AT NESHAMINY Bensalem, PA Target & Home Depot
VISIT U S
UNION SQUARE
Gettysburg, PA +/- 20 AC New Development Peebles, Staples & Starbucks
Manheim, PA Weis Markets & CVS/pharmacy
2,920 & 3,400 SF
B OOTH #S3967 | 2015 ICSC R E C ON
1195 ROUTE 70, STE 2000 L AKEWOOD, NJ 08701
120 N ORTH POINTE B LVD., STE 301 L ANCASTER , PA 17601
w w w. Par amount Re alt y.com
w w w. LM S - PMA .com
FOOD CHAINS EXPAND Weathervane Seafood Co. trades as Weathervane Seafood Restaurant at eight locations throughout ME and NH. The casualdining restaurants prefer to occupy spaces of 2,000 sq.ft. to 8,500 sq.ft. in freestanding locations, malls, tourist areas, and outlet and strip centers. Growth opportunities are sought throughout FL, ME and NH during the coming 18 months. For more information, contact Jeremy Gagner, Weathervane Seafood Co., 31 Badgers Island West, Kittery, ME 03904; 207-439-0335 Ext. 128, Fax 207-439-7754; Email: jgagner@weathervaneseafoods.com; Web site: www.weathervaneseafoods.com. Parlour Enterprises trades as Farrell’s Ice Cream Parlour at eight locations throughout CA and HI. The ice cream shops prefer to occupy spaces of 5,000 sq.ft. to 7,500 sq.ft. in malls, power centers and freestanding locations. Plans call for three to 10 openings throughout the western region of the U.S. during the coming 18 months. For more information, contact Paul Kramer, Parlour Enterprises, 23 Rancho Circle, Lake Forest, CA 92630; 949-481-7676; Email: p.kramer@farrellsusa.com; Web site: www.farrellsusa.com. Burgerfi operates more than 75 locations nationwide. The restaurants prefer to occupy spaces of 2,500 sq.ft. to 3,500 sq.ft. in freestanding locations and endcaps of shopping centers. Growth opportunities are sought nationwide during the coming 18 months. For more information, contact Peter Subowicz, Burgerfi, 105 US Highway 1, North Palm Beach, FL 33408; 561-844-5528; Email: franchising@burgerfi.com; Web site: www.burgerfi.com.
Bad Ass Coffee of Hawaii, Inc. trades as Bad Ass Coffee of Hawaii at more than 30 locations nationwide and internationally. The coffee shops prefer to occupy spaces of 1,000 sq.ft. to 1,500 sq.ft. in endcaps of shopping centers, freestanding locations and urban/downtown areas. Growth opportunities are sought nationwide and internationally during the coming 18 months. For more information, contact Connie Alexakos, Bad Ass Coffee of Hawaii, Inc., 155 West Malvern Avenue, Salt Lake City, UT 84115; 801-428-0823, Fax 801-4632606; Email: connie@badasscoffee.com; Web site: www.badasscoffee.com. Wendco Group trades as Wendy’s at 39 locations throughout southern AL and northwestern FL. The fast-food restaurants prefer to occupy spaces of 3,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. For more information, contact Roger Webb, Wendco Group, 220 West Garden Street, Suite 500, Pensacola, FL 32502; 850-433-5425, Fax 850-433-0239; Email: roger256@aol.com; Web site: www.wendys.com. Larosa’s, Inc. trades as Larosa’s at 66 locations throughout IN, KY and OH. The restaurants prefer to occupy 3,500 sq.ft. to 5,000 sq.ft. inline spaces or endcaps of shopping centers. Plans call for six to 10 openings throughout IN, KY, NC, OH, PA, TN, VA and WV during the coming 18 months. For more information, contact Michelle McMahon, Larosa’s, Inc., 2334 Boudinot Avenue, Cincinnati, OH 45238; 513347-5660, Fax 513-347-4695; Email: franchiseinquiryline@larosas.com; Web site: www.larosas.com/franchise.
Burgerfi is seeking growth opportunities nationwide during the coming 18 months. Page 10 | May 8, 2015
Four Foods Group trades as Kneaders Bakery & Café at 33 locations throughout AZ, CO, ID, TX and UT. The cafes prefer to occupy spaces of 3,500 sq.ft. to 4,500 sq.ft. in freestanding locations and shopping centers near movie theaters and hotels. Growth opportunities are sought throughout the western region of the U.S. during the coming 18 months. For more information, contact Andrew Smith, Four Foods Group, 871 South Auto Mall Drive, American Fork, UT 84003; 801-642-3800, Fax 801-642-3816; Email: andrew@fourfoodsgroup.com; Web site: www.fourfoodsgroup.com. Rock & Brews operates 23 locations throughout CA, FL, HI, KS, NM, TX and Mexico. The restaurants, also featuring live music, prefer to occupy spaces of 3,000 sq.ft. to 6,500 sq.ft. in freestanding locations, strip and power centers, as well as urban areas. Growth opportunities are sought throughout AZ, FL, Kansas City, MO; NM and TX, as well as in Australia and Canada during the coming 18 months. For more information, contact Mike Reynolds, Rock & Brews, 149 Standard Street, El Segundo, CA 90245; 949-3062849, Fax 650-745-1007; Email: mike. reynolds@rockandbrews.com; Web site: www.rockandbrews.com. Farmer Boys Food, Inc. trades as Farmer Boys Restaurants at 82 locations throughout CA and NV. The restaurants, offering burgers and breakfast items, prefer to occupy spaces of 2,800 sq.ft. to 3,200 sq.ft. in freestanding locations with a drive-thru or on pad sites of shopping centers. Plans call for 10 to 12 openings throughout AR, CA and NV during the coming 18 months. For more information, contact Joyce Dery, Farmer Boys Food, Inc., 3452 University Avenue, Riverside, CA 92501; 949-680-8281, Fax 951-786-4786; Email: jdery@farmerboys.com; Web site: www.farmerboys.com. LLJ Franchise, LLC trades as Juice It Up! at 85 locations throughout AZ, CA, NM, OR and TX. The juice and smoothie bars prefer to occupy 1,000 sq.ft. to 1,500 sq.ft. endcaps of lifestyles, as well as malls. Growth opportunities are sought throughout AZ, Los Angeles, San Diego and southern CA; FL, NM, OR and TX during the coming 18 months. For more information, contact Carol DeNembo, LLJ Franchise, LLC, 17915 Skypark Circle, Suite J, Irvine, CA 92614; 949-475-0146 Ext. 225, Fax 949-475-0137; Email: carold@balboabrands.com; Web site: D www.juiceitup.com. M Dealmakers Magazine | www.dealmakers.net
Retail Redevelopment 718,357 SF Addition to Existing 228,638 SF Center
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WHO’S OPENING AND WHERE Nordstrom, Inc. (206-628-2111) is planning to open a Nordstrom store at Sherway Gardens, a 1.3 million sq.ft. development located in Etobicoke, Ontario, Canada during 2017. The company will be joining Saks Fifth Avenue at the site. Plans also call for additional Nordstrom openings at Toronto Eaton Centre during fall 2016 and at Yorkdale Shopping Center in Toronto, Canada during fall 2016. The company offers apparel, footwear and accessories for men and women, and currently operates more than 290 locations nationwide and in Canada, trading as Nordstrom, Nordstrom Rack, Jeffrey boutique and one clearance outlet. Peloton Cycle (866-679-9129) is planning to expand nationwide. The company, manufacturing stationary bikes and offering on-demand and live spinning classes streamed online, currently operates eight locations throughout CA, MA, NJ, NY and VA. Quick Mart (818-880-8678), through a franchisee expansion plan, is opening as many as 25 convenience stores, including locations in Anaheim and Glendale, CA, by the end of this year. Preferred Restaurant Brands, Inc. (702-8347101) is planning to open 27 franchised Papa John’s pizzerias throughout the Valley and Sacramento areas of CA. The company currently operates more than 4,600 locations throughout 34 countries worldwide. Chick-fil-A, Inc. (404-765-8000) is planning to open between six to 10 Chick-fil-A restaurants throughout the New England region of the U.S. during 2016, including locations in Hyannis and Seekonk, MA.
Checkers Drive-In Restaurants, Inc. (813-283-7000), through a franchise expansion plan, is opening Checkers restaurants throughout Atlanta, GA; Baltimore, MD; Cincinnati, Cleveland and Columbus, OH; Detroit, MI; Los Angeles, CA; Miami, FL, Philadelphia, PA; Albany and New York, NY and Washington, DC. The company currently operates more than 800 locations and also operates under the trade name Rally’s. Menchie’s (818-708-0316) recently opened a new fast-casual pizza concept restaurant, trading as MidiCi Neapolitan Pizza, in Sherman Oaks, CA. The restaurants also offer beer and wine. The company operates more than 350 frozen yogurt shops worldwide, and currently has an additional 350 locations in development across the U.S., Canada and Puerto Rico. Quaker Steak & Lube (330-349-9464), through a franchisee expansion plan, is opening its first TN restaurant in the Sevierville/Pigeon Forge area next month. The company currently operates 55 fastcasual dining restaurants throughout the U.S. and Canada. Dunkin’ Brands (781-737-3000) plans to open seven Dunkin’ Donuts franchised locations throughout IL over the next several years. The company, serving coffee, donuts and breakfast sandwiches, operates more than 11,300 Dunkin’ Donuts locations throughout 35 countries worldwide. Dippin’ Dots (270-443-8994), through a franchisee, is expanding into 10 new markets, with a focus on Denver, CO and the New England region of the U.S.
Wegmans Food Markets, Inc. (585-3282550) is planning to open a 120,000 sq.ft. Wegmans supermarket at Stonehenge Village Shopping Center, a 230,000 sq.ft. retail development located in Midlothian, VA during spring 2016. It will be the company’s first location in the Richmond, VA area. The company is also opening another location at West Broad Marketplace, located along West Broad Street near North Gayton Road, in Short Pump, VA during June 2016. The chain of specialty supermarkets, featuring bakery, deli, floral, meat and seafood products, as well as offering gourmet food items and a wine and spirits section, operates more than 85 locations throughout MA, MD, NJ, NY, PA and VA. Dick’s Sporting Goods, Inc. (724-273-3400) is planning to operate 750 Dick’s Sporting Stores locations by the end of fiscal 2017. The company is also planning to open nine Field & Stream locations this year, in addition to opening five to eight stores in both 2016 and 2017, bringing the total count to 30 to 35 locations by the end of 2017. The chain, offering hunting, fishing, camping, hiking, boating and other outdoor-related equipment, apparel and gear, currently operates more than 600 Dick’s Sporting Goods stores and also trades as Golf Galaxy, Field & Stream and True Runner. The Kroger Co. (866-221-4141) is planning to open a 144,000 sq.ft. Fred Meyer location at a mixed-use retail center located at the intersection of 172nd and Southeast Sunnyside Road in Happy Valley, OR during Fall 2016. The store will offer grocery items, in addition to family apparel, home furnishings, garden supplies, housewares and home décor items, as well as a fueling station. The chain currently operates more than 2,600 locations throughout 34 states nationwide under the trade-names Kroger, Dillon’s Food Stores, Fred Meyer, Fry’s Food Stores, Quality Food Centers, Ralph’s and Smith’s Marketplace. La Crawfish (713-461-8808), a Cajun-fusion restaurant concept, is planning to open 15 to 20 franchised locations throughout Los Angeles and Orange County, LA. The company currently operates six locations throughout CA and TX. Ground Round IOC, Corp. (207-865-4433) is planning to open four Ground Round Sports Grille restaurants this year. The company, offering burgers, salads, soups, tacos, steak and dessert items, currently operates 29 locations throughout 10 states nationwide.
Wegmans is planning to open a 120,000 sq.ft. store in Midlothian, VA during spring 2016. Page 12 | May 8, 2015
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QUALITY High Quality Grocery-Anchored Shopping Centers
Whether it’s redevelopment, property management, leasing or acquisitions, UBP makes sound, strategic decisions based on solid demographics, broad experience, and stable resources resulting in one of the highest quality portfolios of assets in our industry.
GROWTH Exciting New Acquisition & Retail Opportunities
Year after year, UBP has consistently added well-located, quality shopping centers to our targeted portfolio, creating opportunities for investors and retailers alike. We seek additional grocery-anchored properties in communities surrounding New York City.
FOCUS NY Tri-State Market Area Dominance
UBP is a major grocery-anchored shopping center owner in the suburban Metro NY marketplace. UBP owns or has interests in over 70 properties with a focus on Westchester, Putnam, Rockland and Nassau Counties, NY; Fairfield County, CT; and Bergen, Passaic and Essex Counties, NJ.
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SUPERMARKET CHAINS EXPAND Save-A-Lot, Ltd. trades as Save-A-Lot at more than 130 locations throughout FL. The supermarkets occupy spaces of 13,000 sq.ft. to 18,000 sq.ft. in freestanding locations and endcaps and inline spaces of shopping centers. Plans call for 15 to 25 openings throughout the existing market during the coming 18 months. Preferred demographics include a minimum trade-area population of 30,000 in primary areas and 20,000 in rural areas earning up to $45,000 as the median household income. The company prefers to locate in value-oriented retail trade-areas with a minimum traffic count of 15,000 vehicles. See us at 2015 RECon in Las Vegas – South Hall – S. 4414 44th Avenue AutoZone, a publicly-traded Fortune 500 company, is the #1 auto parts retailer in America. We have over 5,475 stores throughout 49 states, the District of Columbia and Puerto Rico in the U.S., as well as in Mexico and Brazil. 3 GROWING STRONG… Over 5,475 stores, and we open more every week 3 STORES THAT ARE 100% COMPANY OWNED AND OPERATED… No franchises 3 FINANCIALLY DISCIPLINED… We make the right decisions to protect our shareholders 3 RELIABLE… Whether purchase money or rent, our funds will be there…on time, every time For site criteria and contact information go to www.autozonerealestate.com or simply use your smartphone to scan the QR code ©2015 AutoZone, Inc. All Rights Reserved. AutoZone and design are registered marks of AutoZone Parts, Inc.
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JTM Corp. trades as Piggly Wiggly at 19 locations throughout AL and GA. The supermarkets, offering discounted food items, occupy spaces of 35,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. For more information, contact Keith Milligan, JTM Corp., 3745-C US Highway 80 West, Phenix City, AL 36870; 334298-1974, Fax 334-298-5112; Email: kmilligan@pigglywiggly.net; Web site: www.pigglywiggly.net.
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For more information, contact Neil Kirchoff, Save-A-Lot, Ltd., 4075 B South GoldenRod Road, Orlando, FL 32822-5622; 407-491-0482; Email: neil.k.kirchoff@savealot.com; Web site: www.save-a-lot.com. Ronetco Supermarkets, Inc. trades as ShopRite at seven locations throughout NJ. The supermarkets occupy spaces of 65,000 sq.ft. to 80,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout northwestern NJ and northeastern PA during the coming 18 months. Typical leases run 25 years with options. A vanilla shell and specific improvements are required. Preferred cotenants include Home Depot and Target. Preferred demographics include a population of 50,000 within three miles earning $60,000 as the average household income. Major competitors include A&P, Walmart, Stop N Shop and Pathmark. A land area of 10 acres is required for freestanding locations. The company will also consider acquiring sites. For more information, contact Vic Pocorobba, Ronetco Supermarkets, Inc., 1070 Route 46, Ledgewood, NJ 07852; 973927-8300 Ext. 330, Fax 973-927-4953; Web site: www.shoprite.com. Golub Corp. trades as Price Chopper at 135 locations throughout CT, MA, NH, NY, PA and VT. The supermarkets occupy spaces of 30,000 sq.ft. to 60,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. For more information, contact Real Estate Department, Golub Corp., 461 Nott Street, Schenectady, NY 12308; 518-379-1708; Email: tomhayden@pricechopper.com; Web site: www.pricechopper.com. Foodland Supermarket, Ltd. trades as Foodland and Sack N Save at more than 40 locations throughout HI. The supermarkets occupy spaces of 30,000 sq.ft. in strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. For more information, contact Todd Hondo, Foodland Supermarket, Ltd., 3536 Harding Avenue, Honolulu, HI 96816; 808732-0791; Email: thondo@sullivanfamilyco.com; D Web site: www.foodland.com. M
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SOURCES OF FINANCING Cronheim Mortgage recently negotiated $52.705 million in financing on behalf of Federal Realty Investment Trust for THE AVENUE, a 298,000 sq.ft. lifestyle shopping center located in the White Marsh community of Baltimore, MD. Tenants include Ulta, Chico’s, Old Navy, Starbucks, A.C. Moore, Staples, Carter’s, Famous Footwear and Pier 1 Imports. The loan features a seven-year interest-only term rate and a fixed-rate of 3.35%. For more information, contact Andrew Stewart or Dev Morris, Cronheim Mortgage; 973-635-6800; Emails: andrew.stewart@cronheimmortgage.com and dev.morris@cronheimmortgage.com; Web site: www.cronheimmortgage.com. Pacific Southwest Realty Services recently negotiated $4 million in financing for a retail center located in Oceanside, CA, as well as $14 million in financing for a mixeduse project located in northern CA. The company also recently negotiated $13 in refinancing for a Walmart-anchored 300,000 sq.ft. power center located in central CA. The loan features a 25-year amortization period and a 4.25% loan-to-value ratio. For more information, contact Pacific Southwest Realty Services, 5757 West Century Boulevard, Suite 700, Los Angeles, CA 90045; 310-440-2304/949-475-1483. DM
REAL ESTATE PROFESSIONALS MAKING THE NEWS Fox Rothschild, LLP (973-994-7513) recently hired Pamela Russell as a partner at the firm’s Morristown, NJ office. In her new role, Russell will focus on representing clients with acquisition, development, leasing and disposition of commercial real estate. LandQwest Commercial (239-275-4922) recently hired Bill Robbins as a senior retail specialist at the company’s Tampa, FL office. Prior to joining the firm, Robbins served as a senior leasing manager at CBL & Associates. CBRE Group, Inc. (602-735-5249) recently hired LeDonna Spongberg as a first vice president at the company’s Phoenix, AZ office. In her new role, Spongberg will lead the company’s retail enterprises throughout the southwestern region of the U.S., focusing on the urban, lifestyle and upscale retail markets. DM Dealmakers Magazine | www.dealmakers.net
LEASE SIGNINGS illi Commercial Real Estate (818-5012212) recently negotiated the following leases throughout CA: five-years with Pro Boxing Supplies for 1,350 sq.ft. along Balboa Boulevard in Van Nuys, with Todd Nathanson and Dimas Rangel of illi Commercial Real Estate representing the landlord in the transaction; five years with Rita’s Ice Custard Happiness for 810 sq.ft. at Northridge Grove, located along Tampa Avenue in Northridge, with Todd Nathanson and Kyle Fishburn of illi Commercial Real Estate representing the landlord in the transaction; five years with Large Digital Printing for 762 sq.ft. along Ventura Boulevard in Encino, with J. Richard Leyner and Michael Haim Sharon of illi Commercial Real Estate representing the landlord and the tenant in the transaction; five years with a shoe repair shop for 990 sq.ft. along Ventura Boulevard in Encino, with Todd Nathanson and Greg Offsay of illi Commercial Real Estate representing the landlord and tenant in the transaction; five years with a restaurant for 1,263 sq.ft. along Centinela Avenue in Inglewood, with Greg Offsay representing the landlord and tenant in the transaction and three years with an apparel store for 1,250 sq.ft. along South Market Street in Inglewood, with Greg Offsay representing the landlord in the transaction. L3 Corp. (314-469-7400) recently negotiated the following leases throughout MO: with Metro PCS for 2,604 sq.ft. along North Florissant in Ferguson, with the company representing the tenant in the transaction; with Mia Grace Bridal for 3,135 sq.ft. at Chesterfield Town Center in Chesterfield, with the company representing the landlord in the transaction and with Planet Fitness for 22,000 sq.ft. at Wentzville Bluffs, located along Wentzville Bluffs Drive in Wentzville, with the company representing the tenant in the transaction. Flocke & Avoyer Commercial Real Estate (858-875-4669) recently negotiated a 10year lease with Baskin Robins for 1,350 sq.ft. at Santee Village, located along Mission Gorge Road in Santee, CA. Stewart Keith of Flocke & Avoyer Commercial Real Estate represented the tenant in the transaction. Scott Duhs of Duhs Commercial represented the landlord in the transaction. Caton Commercial Real Estate Group (815-436-5700) recently negotiated a lease with Bulldog Ale House for 6,749 sq.ft. along South Weber Road in Bolingbrook, IL. Christina Caton Kitchel and Marielee Macapagal of Caton Commercial Real Estate Group negotiated the transaction.
Gerdom Realty & Investment (248-2426766) recently negotiated a lease with American Specialty Pharmacy for a 4,106 sq.ft. endcap space at Bywood Square Shopping Center, located along West 14 Mile Road, between Crooks Road and Main Street/Livernois Road, in Clawson, MI. Tjader Gerdom and Vicki Gutowski of Gerdom Realty & Investment represented the landlord and procured the tenant in the transaction. The company also recently negotiated a lease with MedPost Urgent Care for 7,500 sq.ft. at Livonia Crossroads Shopping Center, located at the intersection of Middlebelt Road and Plymouth Road in Livonia, MI. Tjader Gerdom and Larry Siedell of Gerdom Realty & Investment represented the landlord in the transaction. Progressive Real Estate Partners (909373-7059) recently negotiated a lease with Crunch Fitness for a site along Village Court in San Dimas, CA. The site is adjacent to Foothill Village, a 250,000 sq.ft. mixed-use center. Paul Galmarini of Progressive Real Estate Partners represented the landlord and Gary Morris of Morris CRE represented the tenant in the transaction. Katz & Associates (845-735-6666) recently negotiated the following leases throughout FL: with Ulta in Lady Lake, Tarpon Springs, Sebring and Yulee; with Chick-fil-A in Miami and Ft. Lauderdale; with The Habit Burger Grill in Delray Beach and Miami and Cooper Hawk’s Winery & Restaurants in Doral. Cafaro Co. (330-747-2661) recently negotiated leases with The Picture People, a portrait studio, for spaces ranging from 1,800 sq.ft. to 2,700 sq.ft. at Eastwood Mall in Niles, OH; Governor’s Square Mall in Clarksville, TN; Huntington Mall in Barboursville, WV and Kentucky Oaks Mall in Paducah, KY. The Zall Co. (303-804-5656) recently negotiated a lease with Uniqlo for 22,000 sq.ft. at Denver Pavilions in Denver, CO. Susan Cantwell of Gart Properties and Stuart Zall of The Zall Co. represented the landlord in the transaction. Gluck Realty (718-972-1808) recently negotiated a lease with Family Dollar for 8,000 sq.ft. along Webster Avenue in Bronx, NY. DM
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EXCLUSIVES AND TENANT REPS Caton Commercial Real Estate Group (815436-5700) is representing Pizza Mia with its expansion plans throughout Bolingbrook, northern or along Route 30 in New Lenox, Palos Height, Plainfield, Romeoville, and Shorewood areas in IL. The restaurants prefer to occupy spaces of 1,400 sq.ft. to 1,700 sq.ft. in neighborhood shopping centers with a grocery store anchor. Preferred demographics include a population earning middle to upper household incomes. Winick Realty Group, LLC (212-792-2600) is representing iFLY with its expansion plans throughout the surrounding boroughs of New York, NY, as well as in Long Island and NJ. The indoor skydiving facilities prefer to utilize 110 sq.ft. by 60 sq.ft. buildings on pad sites. Midland Atlantic (317-580-9900) is representing Massage Envy with its expansion plans throughout Muncie, Sunnyside/ Lawrence, along East Washington Street and in downtown Indianapolis, IN. The spas prefer to occupy spaces of 3,200 sq.ft. in supermarket or department store-anchored shopping centers.
Cushman & Wakefield (215-963-4090) is representing Miller’s Ale House with its expansion plans throughout southeastern PA, northern DE and southern NJ. The casual dining bar/restaurants prefer to occupy spaces of 8,000 sq.ft. in freestanding locations, but will consider endcaps of shopping centers. KeyPoint Partners, LLC (781-273-5555) is representing Rita’s Italian Ice with its plans to open up to 30 locations throughout the Boston, MA metropolitan market. The company currently operates more than 600 locations throughout 21 states nationwide. Lockehouse Retail Group, Inc. (650-5482676) is representing Vitality Bowls with its expansion plans throughout Santa Clara County, CA. The company prefers to occupy spaces of 850 sq.ft. to 1,300 sq.ft. in shopping centers and downtown areas with high visibility and dense vehicular traffic counts.
Newmark Grubb Knight Frank (312224-3150) is representing Tossed with its expansion plans throughout downtown Chicago, IL. The restaurants, offering salads and soups, prefer to occupy spaces of 1,400 sq.ft. to 2,400 sq.ft. in traditional sites and 650 sq.ft. to 1,000 sq.ft. in food courts of malls. Storefronts will also be considered. The Was Group, LLC (862-203-4352) was recently appointed by The Gordon Group as the exclusive leasing agent for The Outlets at Turning Stone in Verona, NY. The 250,000 sq.ft. outlet shopping center is part of Turning Stone Resort Casino, boasting five million visitors annually. DM
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Divaris Real Estate, Inc. (571-620-5142) is representing Basic Burger with its expansion plans along the R-B Corridor and downtown areas of Washington, DC. The fast-casual restaurants prefer to occupy spaces of 1,500 sq.ft. to 2,500 sq.ft. in dense urban areas. Venting is required.
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Chicagolands Newest Hotspot for Development ! Access, Location, New Rooftops, Economic Opportunity
New Opportunites Await in Lakemoor, Illinois
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Located in one of Illinois’ most competitive and growing Chicago metropolitan markets. Direct access to high traffic regional transportation corridors. Market gap/leakage of nearly $300 million in unmet demand potential for Retail/Food and Drink establishments. Strong government support with a team of experienced staff and professional development consultants to assist. Multiple priority development sites for large and small scale development, expedited approval process, and motivated publicprivate partnerships with prominent real estate firms such as: PLUS: Tax Increment Financing (TIF) and Retail Sales Tax incentives.
Lakemoor, Illinois is ready to do business with you!
To schedule a meeting with us at ICSC-RECON in Las Vegas on May 17th-20th please contact: Matt Dabrowski Village of Lakemoor 815-385-1115 mdabrowski@lakemoor.net
Lake
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Terry McCollom McCollom Realty 708-383-6450 wrmccollom@mccollomrealty.com
“From start to finish, commercial development in Lakemoor was effortless and mutually beneficial to both the village and the developer”. Craig Whitehead, CCIM, CPM, CRX, Executive Vice President, The Crown Group, Inc. Page 16 | May 8, 2015
Dealmakers Magazine | www.dealmakers.net
LEAD SHEET Zingara Swimwear Bill Pace c/o The Rotella Group 3300 North Federal Highway, Suite 200 Ft. Lauderdale, FL 33306 954-568-9015 Email: wrp@rotellagroup.com Web site: www.rotellagroup.com
Apparel The chain operates more than 20 locations throughout FL and internationally. The stores, offering women’s swimwear and resort wear, occupy spaces of 1,000 sq.ft. to 2,000 sq.ft. in strip centers. Growth opportunities are sought throughout southeastern FL during the coming 18 months, with representation by The Rotella Group. The company prefers to locate in affluent markets.
Michaels Carol Hutchinson c/o Charter Realty & Devlopment Corp. 1666 Massachusetts Avenue Boston, MA 02420 617-623-4333, Fax 617-623-1333 Email: carol@chartweb.com Web site: www.chartweb.com
Arts/Crafts The 1,168-unit chain operates locations nationwide and in Canada. The stores, offering arts, crafts, framing items, home dĂŠcor and seasonal products, occupy spaces of 17,000 sq.ft. to 22,000 sq.ft. in freestanding locations, regional malls, power and neighborhood strip centers. Growth opportunities are sought throughout CT and RI during the coming 18 months, with representation by Charter Realty & Development Corp.
Express Oil Change & Service Center, Tire Engineers Jeff Yetter 121-A West McGee Street Greensboro, NC 27401 205-724-9443, Fax 336-458-9492 Email: jyetter@expressoil.com Web site: www.expressoil.com
Automotive The 225-unit chain operates locations throughout AL, AR, FL, GA, IN, LA, MS, NC, OK, SC, TN, TX and VA. The automotive service centers occupy spaces of 25,000 sq.ft. to 30,000 sq.ft. in freestanding locations, lifestyle and specialty centers, as well as pad sites of regional malls. Plans call for up to 20 openings throughout AZ, FL, GA, IL, LA, MS, NC, SC, TN, TX and VA during the coming 18 months. Preferred cotenants include grocery stores.
Firestone Tim McNamara c/o Sullivan Hayes Cos. 10 Waterside Drive, Suite 301 Farmington, CT 06032 860-470-1977, Fax 860-679-5260 Email: tmcnamara@sullivanhayesne.com Web site: www.sullivanhayesne.com
Automotive The chain operates more than 2,300 locations nationwide. The automotive tire service centers occupy spaces of 7,000 sq.ft. to 8,500 sq.ft. in freestanding locations. Growth opportunities are sought throughout CT during the coming 18 months, with representation by Sullivan Hayes Cos. The company prefers to acquire sites or build-to-suit.
Safelite Group dba Safelite Auto Glass John Kraft 2400 Farmers Drive Columbus, OH 43235 614-210-9000, Fax 614-210-9351 Email: john.kraft@safelite.com Web site: www.safelite.com
Automotive The chain operates more than 700 locations nationwide. The facilities, offering automotive windshield repair services and related items, occupy spaces of 2,000 sq.ft. to 4,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months.
TESLA Motors Jack Novatney c/o SRS Real Estate Partners 301 Howard Street, Suite 900 San Francisco, CA 94105 415-908-0393 Email: jack.novatney@srsre.com Web site: www.srsre.com
Automotive The company designs and sells electrical vehicles and operates locations nationwide and internationally. Preferred site locations include spaces of 4,000 sq.ft. to 25,000 sq.ft. in freestanding locations, power and strip centers, as well as urban/downtown areas. Growth opportunities are sought nationwide during the coming 18 months, with representation by SRS Real Estate Partners.
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May 8, 2015 | Page 17
LEAD SHEET Bealls, Inc. dba Bealls Outlet and Burkes Outlet Jessica Althoff 700 13th Avenue East Bradenton, FL 34208 941-744-4278, Fax 941-744-4931 Email: jalthoff@beallsinc.com Web site: www.beallsinc.com
Department Store The chain operates locations throughout AL, AR, AZ, FL, GA, KY, LA, MS, NC, NM, NV, SC, TN, TX, VA and WV. The stores, offering family apparel, footwear, accessories and home décor items, occupy spaces of 20,000 sq.ft. to 25,000 sq.ft. in lifestyle, power and strip centers. Plans call for 40 openings throughout AZ, FL, GA, NC and TX during the coming 18 months.
Boscov’s Department Stores dba Boscov’s Melissa Antrim 4500 Perkiomen Avenue Reading, PA 19606 610-779-2000, Fax 610-370-3799 Email: mantrim@boscovs.com Web site: www.boscovs.com
Department Store The chain operates 43 locations throughout DE, MD, NJ, NY, OH and PA. The department stores occupy spaces of 185,000 sq.ft. in regional malls, lifestyle and power centers. Growth opportunities are sought throughout CT, DE, MD, NJ, NY, OH and PA during the coming 18 months.
Doc’s Drugs Jeff Haran 455 East Reed Street Braidwood, IL 60408 815-458-6104 Ext. 11, Fax 815-458-6158 Email: jharan@docsdrugs.com Web site: www.docsdrugs.com
Drug Store The 15-unit chain operates locations throughout IL. The drug stores occupy spaces of 3,000 sq.ft. to 7,500 sq.ft. in freestanding locations, strip centers and downtown areas. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run five years with options.
Advance America Cash Advance Centers, Inc. dba Advance America Robert Bedore 1430 Oak Meadows Lane Cumming, GA 30041 770-205-0303 Email: rbedore@advanceamerica.net Web site: www.advanceamerica.net
Finance The chain operates more than 2,400 locations nationwide. The company offers payday advances, gold buying, tax preparation, installment and title loan services, and prefers to occupy spaces of 2,000 sq.ft. to 2,500 sq.ft. in freestanding locations and endcaps of shopping centers. Plans call for 15 openings throughout the existing market during the coming 18 months.
Hobby Lobby Dave Cheatham or Bonnie Arlia c/o Velocity Retail Group 2415 East Camelback Road, Suite 400 Phoenix, AZ 85016 602-682-6060/6020, Fax 602-682-8101 Email: bonnie.arlia@velocityretail.com Web site: www.hobbylobby.com
Hobby The 640-unit chain operates locations nationwide throughout 47 states. The stores, offering arts, crafts, seasonal and hobby items, occupy spaces of 60,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout Phoenix, AZ during the coming 18 months, with representation by Velocity Retail Group.
Havertys Diana Teitsma c/o Divaris Real Estate, Inc. 2101 Rexford Road, Suite 33E Charlotte, NC 28211 704-442-1988 Email: dteitsma@divaris.com Web site: www.divaris.com
Home Furnishings The chain operates 120 locations throughout the 16 states in the Midwestern and southern regions of the U.S. The stores, offering living room, bedroom, dining room and home office furniture items, occupy spaces of 35,000 sq.ft. in freestanding locations and endcaps of shopping centers. Growth opportunities are sought throughout NC and SC during the coming 18 months, with representation by Divaris Real Estate, Inc.
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Dealmakers Magazine | www.dealmakers.net
LEAD SHEET 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 65-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.
Cartridge World North America dba Cartridge World Tom McLaughlin 3917 Mercy Drive McHenry, IL 60050 815-321-4400, Fax 815-675-6321 Email: tmclaughlin@cartridgeworld.com Web site: www.cartridgeworld.com
Office Supplies The chain operates more than 500 locations nationwide. The stores, offering ink and toner printer cartridges, occupy spaces of 800 sq.ft. to 1,400 sq.ft. in shopping centers of suburban areas. Growth opportunities are sought nationwide and in Mexico during the coming 18 months. Preferred cotenants include grocery stores. The company prefers locations with high traffic counts and strong visibility.
Laurie’s Shoes, Inc. dba Laurie’s Shoes Mark Waldman 9916 Manchester Road St. Louis, MO 63122 314-961-7092, Fax 314-961-7092 Email: mark@lauriesshoes.com Web site: www.lauriesshoes.com
Shoes The five-unit chain operates locations throughout MO. The stores, offering family footwear, occupy spaces of 1,000 sq.ft. to 3,000 sq.ft. in freestanding locations, malls and strip centers. Growth opportunities are sought throughout IL, KS and MO during the coming 18 months. Typical leases run three years. The company prefers to locate in affluent areas.
Foot Solutions, Inc. dba Foot Solutions Ray Margiano 104 Interstate North Parkway Southeast Atlanta, GA 30339 770-955-0099, Fax 770-953-6270 Email: fscorp@footsolutions.com Web site: www.footsolutions.com
Shoes The chain operates 135 locations nationwide and in Canada and internationally. The specialty shoe stores occupy spaces of 1,000 sq.ft. to 1,500 sq.ft. in strip centers. Plans call for more than 100 openings nationwide and internationally during the coming 18 months.
Shoe Show, Inc. dba Shoe Show, Shoe Dept. Encore, Shoe Dept. and Shoe Show Mega Roger Hypes PO Box 648 Concord, NC 28026 704-782-4143 Ext. 215, Fax 704-721-7323 Email: rhypes@shoeshow.com Web site: www.shoeshow.com
Shoes The 1,145-unit chain operates locations nationwide in 44 states. The stores, offering family footwear, occupy spaces from 3,500 sq.ft. to 20,000 sq.ft. in malls, freestanding locations, lifestyle and power centers, as well as urban/downtown areas. Growth opportunities are sought throughout AL, DE, FL, GA, KY, MD, NC, SC, TN, VA and WV during the coming 18 months.
Edible Arrangements Christopher Wierzbicki c/o Pliskin Realty & Development, Inc. 591 Stewart Avenue, Suite 100 Garden City, NY 11530 516-997-0100 Email: christopher@pliskinrealty.com Web site: www.pliskinrealty.com
Specialty The chain operates more than 1,100 locations nationwide and internationally. The stores, offering fresh fruit arrangements, occupy 950 sq.ft. to 1,600 sq.ft. in freestanding locations and endcaps and inline spaces of shopping centers. Growth opportunities are sought throughout Long Island, NY during the coming 18 months, with representation by Pliskin Realty & Development, Inc.
Dealmakers Magazine | www.dealmakers.net
May 8, 2015 | Page 19
LEAD SHEET Color, Inc. dba Crabby Jack’s General Stores Al Shameklis 47 October Hill Road Holliston, MA 01746 508-474-2900 Ext. 2987, Fax 508-474-2800 Email: al@thecolorstores.com Web site: www.thecolorstores.com
Specialty The eight-unit chain operates locations nationwide. The stores, offering novelty items, gifts, food and beverages, as well as convenience items, occupy spaces of 1,500 sq.ft. to 5,000 sq.ft. in lifestyle, specialty and tourist centers. Growth opportunities are sought throughout the existing market during the coming 18 months.
The Little Gym International, Inc. dba The Little Gym Colleen Biggs 7001 North Scottsdale Road Scottsdale, AZ 85253 480-948-2878, Fax 480-948-2765 Email: cbiggs@thelittlegym.com Web site: www.thelittlegym.com
Specialty The chain operates more than 300 locations nationwide and internationally. The children’s fitness and activity centers occupy spaces of 2,500 sq.ft. to 4,000 sq.ft. in freestanding locations, power and strip centers, as well as urban/downtown areas. Growth opportunities are sought throughout CA, FL, MA, MD, MI, NC, NJ, NY, PA, TX and VA during the coming 18 months.
Genesco dba Lids Locker Room Craig Siegel 7555 Woodland Drive Indianapolis, IN 46278 317-333-5260, Fax 317-337-1428 Email: craig.siegel@lids.com
Sporting Goods The chain operates more than 1,000 locations nationwide and in Canada. The stores, offering sports merchandise including bobble heads, cozies, house flags and accessories, occupy spaces of 2,500 sq.ft. to 3,000 sq.ft. in regional malls, entertainment, lifestyle, outlet, power and tourist centers, as well as urban/downtown areas. Growth opportunities are sought nationwide during the coming 18 months.
Pro Image Sports Jake Fisher 1310 West 233 North #200 Centerville, UT 84014 801-296-9999 Email: info@proimagesports.com Web site: www.proimagesports.com
Sporting Goods The 116-unit chain operates locations nationwide. The sporting goods stores occupy spaces of 1,500 sq.ft. to 3,000 sq.ft. in malls and outlet centers. Growth opportunities are sought throughout the existing market during the coming 18 months.
Calendar Holdings, LLC dba Go! Games and Go! Toys Lori Lesko 6411 Burleson Road Austin, TX 78744 512-386-7220, Fax 512-369-6192 Email: loril@calendars.com Web site: www.calendarholdings.com
Temporary Tenant The 500-unit chain operates locations from September through January, as well as operating a limited number of locations year round nationwide. Go! Games prefers to occupy kiosks or inline spaces of shopping centers, while Go! Toys prefers to occupy inline spaces of shopping centers. Growth opportunities are sought throughout the existing market during the coming 18 months. For both concepts, the company will occupy spaces from 1,400 sq.ft. to 4,000 sq.ft.
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 20 | May 8, 2015
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WHO’S OPENING AND WHERE (continued from page twelve)
Planet Smoothie (615-550-3100), through franchise expansion plans, is seeking to open two to three locations throughout southern FL annually over the next several years. The company offer fruit smoothies and operates at locations nationwide. Buffalo Wild Wings, Inc. (716-843-3908) is planning to open 112 Buffalo Wild Wings restaurants this year. The company currently operates 1,082 locations nationwide and Canada. Front Burner Restaurants, LP (972-9413150), through franchisee Elite Sports Bar Group, LLC, is opening 18 Twin Peaks restaurants throughout northern CA. The company currently operates 68 locations. Fazoli’s (859-268-1668) has nationwide expansion plans. The chain of quick-serve Italian restaurants currently operates 220 locations nationwide. Shane’s Rib Shack (770-569-1988) is planning to open six restaurants by the end of the year throughout the southeastern region of the U.S. The company currently operates 72 locations. Uniqlo (877-486-4756) is planning to enter the Washington, DC metropolitan market during the fall. The chain of apparel stores, based in Japan, currently operates 1,500 locations worldwide. Amazing Lash Studio Franchise, LLC (281661-1999), through a franchisee expansion plan, is opening 16 Amazing Lash Studio locations throughout CT. Duck Donuts Co. (252-480-3304) is planning to operate 22 Duck Donuts locations by the end of the year. The company currently operates 11 donut shops throughout NC, NJ D and VA. M
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SPACE PLACE Alabama
California
California
Jasper – Jasper Marketplace, a 46,596 sq.ft. shopping center situated on 4.97 acres along Highway 78 East, has a space of 22,462 sq.ft. available. Cotenants include Goodys, Hibbett Sports and One Main Financial. Area demographics include a population of 40,474 within 10 miles earning $50,244 as the average household income. Area retailers include Walgreens, CVS, Walmart, T.J. Maxx and Hobby Lobby. The asking rent is $8 psf. Winfield – Winfield Marketplace, situated on 6.75 acres along Highway 43, has a space of 26,375 sq.ft. available, which can be sub-divided, as well as two outparcels. Cotenants include Dollar Tree, Factory Connection and Anytime Fitness. Area demographics include a population of 14,001 within 10 miles earning $45,117 as the average household income. The asking rent is $8 psf. For more information, contact Jim Eichelberger, Action Properties, LLC, 110 North Jerry Clower Boulevard, Suite W, Yazoo City, MS 39194; 662746-8000, Fax 662-746-8872; Email: jim@actionpropertiesusa.com; Web site: www.actionpropertiesusa.com.
include a population of 360,852 within five miles earning $79,799 as the average household income. The average daily traffic count is 30,000 vehicles along Foothill Boulevard. Yucaipa – A center located at the intersection of Yucaipa Boulevard and 15th Street, has spaces from 685 sq.ft. to 14,086 sq.ft. available. Area demographics include a population of 153,570 within five miles earning $84,052 as the average household income. The average daily traffic count is 20,811 vehicles along Yucaipa Boulevard. For more information regarding the site in Colton, contact Robert Levyssohn, Progressive Real Estate, 909-230-4500; Email: robert@progressiverep.com. For more information regarding Highland Avenue Plaza, contact Paul Galmarini, 9471 Haven Avenue, Suite 110, Rancho Cucamonga, CA 91730; 909-230-4500; Email: paul@progressiverep.com. For more information regarding Seley Plaza or Red Hill Plaza, contact Janine Peltier; Email: janine@progressiverep.com. For more information regarding the spaces in Yucaipa, contact Paul Galmarini or Paul Su.
Auto Parts, Fresh & Easy, Walgreens and Starbucks. Area demographics include a population of 381,424 within five miles earning $96,306 as the average household income. The average daily traffic count is 99,300 vehicles. Whittier – An 11,584 sq.ft. freestanding building is available at the intersection of Whittier Boulevard and Bogardus Avenue. Area retailers include Leslie’s Pool Supplies, Lascari’s Italian Restaurant and Washington Mutual Bank. For more information, contact Greg Jones, Jones Commercial Real Estate, 440 West Whittier Boulevard, La Habra, CA 90631; 562-697-3333 Ext. 21, Fax 562-6979999; Email: greg@jonesre.net; Web site: www.jonesre.net.
California Colton – Spaces of 1,326 sq.ft. and 1,462 sq.ft., which can be combined, are available at a center located off the Interstate-215 Washington Street on/off ramp. Starbucks is adjacent to the site. Area draws include Fiesta Village Family Fun Park. San Bernardino – Highland Avenue Plaza, a 350,000 sq.ft. community shopping center located along East Highland Avenue, has an anchor space of 50,148 sq.ft. available, which can be divided. Cotenants include Walmart, Ross Dress for Less, Fallas Discount Stores, Game Stop, Applebee’s, Citi Bank and Papa John’s. Area demographics include a population of 151,049 within five miles earning $63,429 as the average household income. Also – Seley Plaza, located at the intersection of East Highland Avenue and Sterling Avenue, has spaces from 975 sq.ft. to 10,810 sq.ft. available. Cotenants include Regency Sterling Cinema 6, Big 5 Sporting Goods, Rite Aid and 99 Cents Only. Area demographics include a population of 127,522 within three miles earning $51,699 as the average household income. The average daily traffic count is 37,681 vehicles. Upland – Red Hill Plaza, located at the intersection of Foothill Boulevard and Grove Avenue, has spaces from 1,208 sq.ft. to 5,694 sq.ft. available. Cotenants include Firestone, Boost Mobile, GK Market and Subway. Area demographics Page 26 | May 8, 2015
Corona – Corona Shopping Center, located at the intersection of 6th Street and Paseo Grande Street, has spaces of 1,100 sq.ft. and 1,359 sq.ft. available, which can be combined. Cotenants include Harbor Freight Tools and WaBa Grill Teriyaki House. Area demographics include a population of 102,958 within three miles earning $83,591 as the average household income. For more information, contact Nick Wirick or Jeff Stanley, Lee & Associates, 951-2763636/3612; Email: nwirick@lee-associates. com; Web site: www.lee-associates.com. Corona – Countryside Center, a 145,000 sq.ft. center located at the intersection of Griffin Way and McKinley Street, has a space of 1,200 sq.ft. available. Cotenants include Sears Outlet, Jo-Ann Fabrics, Turner’s Outdoorsman, El Torito and Mimi’s Café. Area demographics include a population of 266,301 within five miles earning $70,400 as the average household income. For more information, contact Barbara Armendariz or Blake Woodward, CBRE, 3501 Jamboree Road, Suite 100, Newport Beach, CA 92660; 909-418-2115/949-7258547; Email: barbara.armendariz@cbre.com; Web site: www.cbre.com. La Habra – Pad sites are available for ground lease at the intersection of Whittier Boulevard and Beach Boulevard. Area retailers include Auto Zone, Albertson’s, Rite Aid, O’Reilly
Connecticut Stamford – Ridgeway Center, has spaces from 3,000 sq.ft. to 27,000 sq.ft. available. Cotenants include Athlete’s Foot, Bed Bath & Beyond, CVS, Dress Barn, GNC and Hallmark. Area demographics include a population of 151,000 within five miles earning $70,000 as the average household income. For more information, contact David Perlmutter, Perlmutter Properties, 4 West Red Oak Lane, Suite 105, White Plains, NY 10604; 914-686-8900, Fax 914-949-7074; Email: david@perlmutterproperties.com; Web site: www.perlmutterproperties.com. Waterbury – A 95,000 sq.ft. former Kmart is available at Waterbury Shopping Center. Area retailers include Stop & Shop, Shop Rite, Walmart, Big Lots, Staples, Verizon Wireless and Ace Hardware. The average daily traffic count is 24,800 vehicles. For more information, contact Don Cafero, Hudson, 25 East 21st Street, New York, NY 10010; 212-579-7000; Email: dc@hudsonre.com. Westport – Brooks Corner, located along Main Street, has a 980 sq.ft. space with a full basement available. Cotenants include Brooks Bros., Williams-Sonoma and Lux Bond. Also – Compo 2 Center, located along Post Road East, has spaces of 1,170 sq.ft., 1,530 sq.ft. and 1,800 sq.ft. available. Cotenants include New York Sports Club, Gold’s Deli and Olympia Sports. The asking rent is $45 psf NNN. Also – Westfair Center, located along Post Road East, has spaces of 975 sq.ft. and 1,150 sq.ft. available. Cotenants include Jordan’s, Fountain of Youth and Westfair Fish. The asking rent is $35 psf NNN. For more information, contact Torrey Brooks, Brooks, Torrey & Scott, Inc., Dealmakers Magazine | www.dealmakers.net
SPACE PLACE Connecticut
Florida
Georgia
877 Post Road East, Suite 4, Westport, CT 06880; 203-847-2616, Fax 203-840-4848; Email: torrey@btsrealty.com; Web site: www.btsrealty.com.
Sarasota – A 27,000 sq.ft. outparcel is available for ground lease at the intersection of Fruitville Road and Honore Avenue. Cotenants include Publix, Lowe’s, Office Depot, hhgregg, CVS and Chase Bank. Area demographics include a population of 145,871 within five miles earning $64,918 as the average household income. For more information, contact Nicole Christodoulou, Commodore Realty, Inc., 30 West Mashta Drive, Suite 400, Key Biscayne, FL 33149; 305-365-2600 Ext. 40, Fax 305365-0800; Email: nicole@commodorerealty.com; Web site: www.commodorerealty.com.
For more information, contact Rebecca Waters or Bre Wagner-Clagett, Wheeler/ Brand, 1960 Satellite Boulevard, Suite 1300, Duluth, GA 30097; 770-497-6464/770-6232089; Email: rwaters@wheelerbrand.com; Web site: www.wheelerbrand.com.
Florida Coconut Grove – A 2,800 sq.ft. street level retail space, with an outdoor seating area, is available along Grand Avenue. For more information, contact Boris Kozolchyk or Ben Kalstone, Pointe Group Advisors, 305-913-5509/5510; Email: boris@pgre.com; Web site: www.pgre.com. Naples – Gulf Gate Plaza, a 206,785 sq.ft. community center located at the intersection of Bayshore Drive and US Highway 41, has spaces from 875 sq.ft. to 13,825 sq.ft. available, as well as an outparcel. Cotenants include Big Lots, Bravo Supermarket, Beall’s Outlet, Curious Cargo, Family Dollar and Tuesday Morning. Area demographics include a population of 131,462 within five miles earning $71,611 as the average household income. For more information, contact Isram Realty & Management, Inc., 506 South Dixie Highway, Hallandale, FL 33009; 954455-2822, Fax 954-455-9384; Web site: www.isramrealty.com.
Georgia Atlanta – Roswell Wieuca Shopping Center, a 74,000 sq.ft. center located at the intersection of Wieuca Road and Roswell Road, has spaces of 2,388 sq.ft. and 3,664 sq.ft. available. Cotenants include The Fresh Market, Ace Hardware, Learning Express and Cheeseburger Bobby’s. Area demographics include a population of 91,587 within three miles earning $139,889 as the average household income.
Thomasville – Gateway Shopping Center, located at the intersection of US Highway 19 and Remington Avenue, has inline spaces of 1,750 sq.ft. and 3,820 sq.ft. available, as well as outparcels of 0.752 acres and 0.717 acres. Cotenants include Belk, Goody’s, Cato, Radio Shack, JC Penney, Bealls Outlet, Hibbett Sporting Goods, The UPS Store, Payless Shoe Source and Great Clips. Area demographics include a population of 25,463 within five miles earning $51,522 as the average household income. For more information, contact Marla Chaliff, The Trilogy Group, LLC, 6400 Powers Ferry Road, Suite 100, Atlanta, GA 30339; 770-955-0404, Fax 770-955-6598; Email: mchaliff@trilogygroup.net; Web site: www.trilogygroup.net. (continued on page twenty-eight)
North Miami – San Souci Plaza, a 28,000 sq.ft. center located along 123rd Street, has spaces of 600 sq.ft. and 800 sq.ft. available. Cotenants include Kwik Stop and Smoker’s World. Area demographics include a population of 406,565 within five miles earning $52,053 as the average household income. For more information, contact RK Centers, 17100 Collins Avenue, Suite 225, Sunny Isles Beach, FL 33160; 305-949-4110, Fax 305-948-3410; Email: leasing@rkcenters. com. Ocala – Shady Oaks Shopping Center, a 260,419 sq.ft. neighborhood center located at the intersection of 27th Avenue and College Road, has spaces available. Cotenants include Burlington, Staples and Jo-Ann Fabrics. Area demographics include a population of 71,150 within five miles earning $58,749 as the average household income. The average daily traffic count is 58,000 vehicles. For more information, contact Thomas Mirandi, RD Management, LLC, 810 Seventh Avenue, 10th Floor, New York, NY 10019; 212-265-6600 Ext. 239, Fax 212-459-9133; Email: tmirandi@rdmanagement.com. Dealmakers Magazine | www.dealmakers.net
Ranked 21st on Economic Strength in the Nation among Micropolitan Communities by Policom Corporation
May 8, 2015 | Page 27
SPACE PLACE Illinois (continued from page twenty-seven)
Bartlett – Bartlett Commons, an 86,781 sq.ft. center located at the intersection of Stearns and Route 59, has spaces of 1,400 sq.ft. and 12,500 sq.ft. available, along with a pad site which can accommodate up to 5,000 sq.ft. of space. Cotenants include Dollar Tree, Anytime Fitness, LA Tan and Wendy’s. Area demographics include a population of 183,109 within three miles earning $88,947 as the average household income. The average daily traffic count is 48,000 vehicles. The asking rent is $15 psf. For more information, contact Leo Solarte, Greenstone-Partners, 30 East Adams Street, Suite 300, Chicago, IL 60603; 312-2340387; Email: leo@greenstone-partners.com. Bourbonnais – A 20,969 sq.ft. former Office Depot is available at a center located at the intersection of Main Street and Northwest William Latham Drive. Cotenants include Jewel-Osco, PNC Bank, Sherwin-Williams, Pizza Hut and Edible Arrangements. Area demographics include a population of 69,921 within five miles earning $59,093 as the average household income. For more information regarding the Bourbonnais property, contact Steven Baer or Larry Kling, Metro Commercial Real Estate, 56 Skokie Valley Road, Highland
Illinois
Illinois
Park, IL 60035; 847-412-9898, Fax 847-4120101; Email: sbaer@metrocre.com; Web site: www.metrocre.com.
IL 60601-1014; 312-337-1001, Fax 312-3375996; Email: tcox@matanky.com; Web site: www.matanky.com.
Chicago – Dunning Square, a 128,268 sq.ft. center located at the intersection of Irving Park Road and North Narragansett Avenue, has a space of 2,600 sq.ft. available. Cotenants include T.J. Maxx, Jewel-Osco, GNC, Dollar Tree, Sally Beauty Supply, Subway and Burger King. For more information, contact Harlem Irving Cos., 4104 North Harlem Avenue, Norridge, IL 60706; 773-625-3036, Fax 773625-0056; Web site: www.harlemirving.com.
Downers Grove – Downers Park Plaza, a 283,280 sq.ft. center located at the intersection of Lemont Road and 75th Street, has spaces of 2,500 sq.ft. and 6,000 sq.ft. available. Cotenants include T.J. Maxx, Best Buy, Party City, Old Navy, Dollar Tree, Walgreens, GNC and Hallmark. Area demographics include a population of 230,195 within five miles earning $103,251 as the average household income. Fairview Heights – Fairview City Centre, a 193,023 sq.ft. center located at the intersection of North Illinois Street and Market Place Boulevard, has a space of 54,060 sq.ft. available. Cotenants include Home Goods, Fresh Thyme, Sports Authority, Office Max, Petco and Ruby Tuesday. Area demographics include a population of 116,443 within five miles earning $69,735 as the average household income. For more information regarding Downers Park Plaza, contact John Dewolfe, Kimco Realty, 10600 West Higgins Street, Suite 408, Rosemont, IL 60018; 847-294-6417; Email: jdewolfe@kimcorealty.com; Web site: www.kimcorealty.com. For more information regarding Fairview City Centre,
Chicago Heights – Olympia Plaza, located at the intersection of Joe Orr Road and Dixie Highway, has spaces from 1,500 sq.ft. to 4,275 sq.ft. available. Cotenants include Family Dollar, Advance Auto Parts, RentA-Center, Pay/Half Clothing, Subway and Little Caesar’s. Area demographics include a population of 76,438 within three miles earning $72,089 as the average household income. The average daily traffic count is 37,900 vehicles. The asking rent is $12 to $16 psf NNN. For more information, contact Terri Cox or Zach Slagle, Matanky Realty Group, 200 North LaSalle Avenue, Suite 2350, Chicago,
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SPACE PLACE Illinois
Maryland
Michigan
contact Mike Slusky, 847-294-6446; Email: mslusky@kimcorealty.com.
Farm Parkway, has an inline space of 1,066 sq.ft. available, along with a pad space of 3,500 sq.ft. available. Cotenants include Harris Teeter, Sleepy’s, Pet Valu, Orangetheory Fitness, Subway and Dunkin’ Donuts. Area demographics include a population of 133,449 within five miles earning $116,191 as the average household income. For more information, contact Judd Bostian or Jack Waghorn, NV Retail, 703448-4312/0587; Email: jbostian@nvretail.com; Web site: www.nvretail.com.
available, along with an outparcel. Cotenants include Palmer Home Store, Sherwin-Williams and Restoration Salon. Area demographics include a population of 59,722 within 15 miles earning $48,673 as the average household income. For more information, contact Jim Eichelberger, Action Properties, LLC, 110 North Jerry Clower Boulevard, Suite W, Yazoo City, MS 39194; 662746-8000, Fax 662-746-8872; Email: jim@actionpropertiesusa.com; Web site: www.actionpropertiesusa.com.
Windsor Mill – A center located along North Rolling Road, has spaces of 3,100 sq.ft. and 4,000 sq.ft. available. Area retailers include Macy’s, Burlington, Old Navy, Sears, AMC Theatres and USA Discounters. Area demographics include a population of 44,579 within two miles earning $70,284 as the average household income. For more information, contact Mike Schofer, Rossi Commercial Real Estate, 12800 Middlebrook Road, Suite 200, Germantown, MD; 301-355-0070; Email: mike.schofer@rossicre.com; Web site: www.rossicre.com.
New Jersey
Elmhurst – Elmhurst Plaza, a 73,116 sq.ft. center located at the intersection of Butterfield Road and York Road, has spaces of 750 sq.ft. and 2,464 sq.ft. available. Cotenants include Jewel-Osco, The UPS Store, GNC, Chase Bank and Dunkin’ Donuts. Area demographics include a population of 312,170 within five miles earning $84,866 as the average household income. For more information, contact Charles Margosian or Charles Margosian, Jr., Highland Management Associates, Inc., 1 East 22nd Street, Suite 201, Lombard, IL 60148; 630-691-1122, Fax 630-691-8572; Web site: www.highlandmanagement.biz. Northbrook – Village Square of Northbrook, a 334,955 sq.ft. center locate at the intersection of Lake Cook Road and Skokie Boulevard, has spaces of 2,465 sq.ft., 4,913 sq.ft. and 16,295 sq.ft. available. Cotenants include Saks 5th Avenue Off 5th, Nordstrom Rack, Cost Plus World Market, Marshalls, PetSmart, T.J. Maxx and The Container Store. Area demographics include a population of 138,060 within five miles earning $175,035 as the average household income. For more information, contact Liz Krebs, Mid-America Asset Management, Inc., One Parkview Plaza, 9th Floor, Oakbrook Terrace, IL 60181; 630-954-7362, Fax 630-954-7306; Email: lkrebs@midamericagrp.com; Web site: www.midamericagrp.com.
Massachusetts
Palatine – Palatine Plaza, a 137,187 sq.ft. center located along East Northwest Highway, has spaces of 700 sq.ft., 2,346 sq.ft., 5,676 sq.ft. and 6,928 sq.ft. available. Cotenants include Ace Hardware, Hobby Lobby, Dollar Tree, Subway, Fannie May, Dairy Queen, Rent-A-Center, Citi Bank and Sherwin-Williams. Area demographics include a population of 246,445 within five miles earning $99,362 as the average household income. The average daily traffic count is 33,300 vehicles. For more information, contact Charles Margosian or Charles Margosian Jr., Highland Management Associates, Inc., 1 East 22nd Street, Suite 201, Lombard, IL 60148; 630691-1122, Fax 630-691-8572; Web site: www.highlandmanagement.biz.
Billerica – A pad site of up to 4,500 sq.ft. is available along Boston Road. Cotenants include O’Reilly Auto Parts/VIP Tires & Service. Area demographics include a population of 15,722 within two miles earning $92,378 as the median household income. Cambridge – Spaces of 710 sq.ft. and 1,899 sq.ft. are available along Massachusetts Avenue. Area retailers include Walgreens, Uno Chicago Grill, Shaw’s, CVS, Michaels, Panera Bread and The Paper Store. Area demographics include a population of 59,587 within one mile earning $74,833 as the median household income. The asking rent is $12 psf NNN. For more information regarding the Billerica property, contact Adam Conviser or Dan Backer, Conviser Property Group, 858 Washington Street, Suite 306, Dedham, MA 02026; 781-320-0600, Fax 781-7914955; Email: adam@conviserpg.com; Web site: www.conviserpg.com. For more information regarding Porter Square, contact Adam Conviser.
Maryland
Michigan
Clarksburg – Clarksburg Village Center, a 109,000 sq.ft. center located at the intersection of Newcut Road and Snowden
Starkville – Village Crossing Shopping Center, located along Highway 12, has spaces of 1,175 sq.ft. and 5,760 sq.ft.
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Cherry Hill – Towne Place at Garden State Park, located along Haddonfield Road, has spaces from 1,200 sq.ft. to 7,771 sq.ft. available. Cotenants include Nordstrom Rack, Barnes & Noble, The Cheesecake Factory, DSW, Brio Tuscan Grille and Ulta. Area demographics include a population of 316,105 within five miles earning $74,156 as the average household income. For more information, contact Joseph Morris or Sid Singer, Edgewood Properties, 1260 Stelton Road, Piscataway, NJ 08854; 732-985-1900, Fax 732-985-5588; Email: joedmorris@edgewoodproperties.com; Web site: www.edgewoodproperties.com. Denville – Denville Commons, located at the intersection of Route 10 and Franklin Road, has a space of 9,424 sq.ft. available. Area retailers include Banana Republic, Aerosoles, Panera Bread, Starbucks, Loft, Pier 1 Imports, Gap and J. Jill. The average daily traffic count is 50,000 vehicles along Route 10. Linden – Linden Plaza, located at the intersection of South Stiles Street and Grand Avenue, has a space of 2,500 sq.ft. available. Area retailers include Walmart, T.J. Maxx, Modell’s, Buffalo Wild Wings, Dress Barn, Dollar Tree and Moe’s Southwest Grill. Millburn – A 9,000 sq.ft. retail space is available at the intersection of Lackawanna Place and Main Street. Area retailers include Red Mango, Bardot Lingerie, Starbucks and Sneaker Factory. Hasbrouck Heights – Hasbrouck Heights Plaza, located along Route 17, has a space of 2,800 sq.ft. available. Area retailers include 24 Hour Fitness and New Balance. Hoboken – A 2,750 sq.ft. ground floor retail space is available along Washington Avenue. Area retailers include Anthropologie, Bare Burger, Starbucks, Panera Bread, Chipotle, Gap, Five Guys Famous Burgers & Fries and Planet Fitness. (continued on page thirty)
May 8, 2015 | Page 29
SPACE PLACE New Jersey (continued from page twenty-nine)
For more information regarding Denville Commons, Linden Plaza, the space in Millburm and Hasbrouck Heights Plaza, contact Jason Gerbsman, Hudson, 25 East 21st Street, New York, NY 10010; 212-5797900; Email: jg@hudsonre.com. For more information regarding the Hoboken property, contact Jason Richter; Email: jr@hudsonre.com. Secaucus – A 3,400 sq.ft. space is available at a center located at the intersection of Meadowland Parkway and Wood Avenue. Cotenants include Subway and Submit 2 Fitness. Area demographics include a population of 879,136 within five miles earning $93,033 as the average household income. For more information, contact Glenmore Management, LLC, 25 Enterprise Avenue North, Secaucus, NJ 07094; 201-867-5050; Email: erict@glenmoremgmt.com; Web site: www.glenmoremanagement.com.
New York Arcade – Tops Plaza, a 66,000 sq.ft. shoppping center located along West Main
Pembroke Pines City Center | Pembroke Pines, FL
New York
New York
Street, has spaces of 4,003 sq.ft. and 5,300 sq.ft. available, as well as two outparcels. Cotenants include Tops Friendly Markets, Subway, Radio Shack and Rent-A-Center. Area demographics include a population of 8,271 within five miles earning $50,179 as the average household income. The average daily traffic count is 6,000 vehicles. Cheektowaga – Tops Plaza, a 151,357 sq.ft. shopping center located at the intersection of Union Road and George Urban Boulevard, has spaces of 1,140 sq.ft., 2,800 sq.ft., 3,097 sq.ft. and 7,383 sq.ft. available, as well as an outparcel. Cotenants include Tops Friendly Markets, Dollar Tree, Metro Mattress, Visionworks, Aaron’s and Supercuts. Area demographics include a population of 93,699 within three miles earning $56,662 as the average household income. Irondequoit – Culver Ridge Plaza, a 225,185 sq.ft. center located at the intersection of East Ridge Road and Culver Road, has inline spaces of 1,948 sq.ft., 2,503 sq.ft., 6,650 sq.ft. and 8,250 sq.ft. available, as well as an outparcel. Cotenants include Regal Cinemas, Dollar Tree, Petco and CW Price. Area demographics include a population of
261,522 within five miles earning $57,654 as the average household income. Leroy – Tops Plaza, a 67,747 sq.ft. regional center located along West Main Street, has spaces of 4,000 sq.ft. and 4,692 sq.ft. available, along with an outparcel. Cotenants include Tops Markets, Supercuts, Subway, H&R Block and Burger King. Area demographics include a population of 16,607 within seven miles earning $71,614 as the average household income. The average daily traffic count is 6,000 vehicles. Orchard Park – Tops Plaza, a 292,805 sq.ft. regional center located along Southwestern Boulevard, has a space of 2,170 sq.ft. available, along with a pad site. Cotenants include Tops Friendly Markets, Stein Mart, Tim Horton’s, Wendy’s and Lowe’s. Area demographics include a population of 42,384 within three miles earning $78,828 as the average household income. The average daily traffic count is 23,000 vehicles. Warsaw – Tops Plaza, a 149,272 sq.ft. regional shopping center located along Route 19, has spaces of 2,150 sq.ft., 3,162 sq.ft. and 7,466 sq.ft. available, along with an outparcel. Cotenants include
Naples Fifth Avenue | Naples, FL
(continued on page thirty-two)
Vicenza Plaza | Hialeah Gardens, FL
Developing Great Places. Helping you grow. XX
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Doral Commons | Doral, FL
Bird Road & SW 83 Ave | Miami, FL
Granada Shoppes | Naples, FL
See Courtelis Company at ICSC RECon, Booth S328 S Street, for these hot leasing opportunities! www.courtelis.com | Call 305.261.4330 to book your appointment today Page 30 | May 8, 2015
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SPACE PLACE New York (continued from page thirty)
Tops Markets, Walmart and McDonald’s. Area demographics include a population of 13,613 within seven miles earning $60,338 as the average household income. The average daily traffic count is 11,300 vehicles. For more information, contact Donovan Real Estate Services, 460 East Avenue, Rochester, NY 14607; 716-998-2943; Email: brian@donovanres.com. Brooklyn – A 1,000 sq.ft. street level retail space, with a 1,000 sq.ft. storage basement, is available along Pitkin Avenue. Area retailers include Subway, Foot Locker, Petland, Jimmy Jazz, Chase Bank, T-Mobile, Rainbow and Family Dollar. Also – A 7,000 sq.ft. space, with a 3,000 sq.ft. basement, is available along Broadway Avenue. Area retailers include Rite Aid, Strauss Discount Auto and Walgreens. The asking rent is $30 psf. For more information, contact Samuel Mizrahi, Century 21 Commercial Mizrahi Realty, 916 Kings Highway, Brooklyn, NY 11223; 718-998-5700, Fax 718-998-5804; Email: century21mizrahi@gmail.com; Web site: www.century21retaileasing.com.
New York
Pennsylvania
Canandaigua – West Avenue Plaza, a 41,000 sq.ft. neighborhood center located along West Avenue, has up to 22,700 sq.ft. of space available. Area demographics include a population of 23,672 within five miles earning $64,995 as the average household income. The average daily traffic count is 5,140 vehicles. 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.flaummgt.com.
Group, Inc., 2645A Carnegie Road, York, PA 17402; 717-476-4425/717-578-1232; Email: kevin@rhinorealtygroup.com; Web site: www.rhinorealtygroup.com.
Pennsylvania York – West Manchester Town Center, located at the intersection of US Route 30 Bypass and Carlisle Road, has spaces available, as well as pad sites. Cotenants include Kohl’s, Walmart, Regal Cinemas, Petco and Kirkland’s. Area demographics include a population of 135,387 within five miles earning $62,667 as the average household income. For more information, contact Kevin Potter or Bobby Traynham, Rhino Realty
South Carolina Rock Hill – Cross Pointe Square, located along Dave Lyle Boulevard, has spaces available. Cotenants include Food Lion, Charanda’s Mexican Restaurant, Express Check Advance and Stone Pizza. The asking rent is $16 to $18 psf. For more information, contact Warren Norman, Jamey Dagenhart or Andrea McMaster, Warren Norman Co., Inc., PO Box 36518, 2685 Celanese Road, Suite 123, Rock Hill, SC 29732; Email: rw@warrennorman.com; Web site: www.warrennorman.com. Summerville – North Main Market, a 485,000 sq.ft. power center located at the intersection of North Main Street and Interstate 26, has spaces of 900 sq.ft., 1,267 sq.ft. and 1,268 sq.ft. available. Cotenants include Walmart, (continued on page thirty-four)
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FreestandingTenants.com gets you access to the real estate decision maker for over 2,000 retailers looking to occupy freestanding, single-tenant and outparcel locations. The directory includes national and regional chains in addition to new concepts with 60+ types of retail uses. Visit FreestandingTenants.com for a demo today! Dealmakers Magazine | www.dealmakers.net
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retailers lOOking fOr lOcatiOns How accurate is the information? Online information is updated daily. The CD-ROM is burned the day of your order. All listings are verified by phone, mail or fax with the retailer and updated in the past nine months. What types of chains are in TenantSearch? Tenant Search includes national and regional chains in addition to local chains with 60+ types of retail uses. Can the info be used with other software? All information on the CD-ROM can be exported into Excel, ACT, Access and Ascii. All information from searches online can be saved to your hard drive. Do I need any other software? You can use TenantSearch’s self-loading CD-ROM to print reports, labels and letters; look up by name, use, store size, etc., plus you can save searches. You can use any Web browser online, access up-todate information, print letters and save searches. Get the details on over 5,000 retailers. TenantSearch provides: Contact Name for Director of Real Estate or Tenant Rep; Parent Company; Trade Name(s); Address; Phone; Fax; Email; Web site; Number of Stores in the Chain; States where the stores operate; Projected store openings in the next 18 months; States of interest for new sites; description of merchandise; Customer profile and competition; Demographic requirements; Preferred type of site; Lease terms; Preferred cotenants.
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Daily Email Alerts Retailer expansion plans are updated daily and TenantSearch users receive leads daily via email for online users. TenantSearch matches ideal tenants to your site. Simply plug in the parameters of your retail property and retail uses you desire, and within seconds you’ll have a list of prospective tenants for your location.
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SPACE PLACE South Carolina
Texas
Virginia
Lowe’s Home Improvement, Belk, Payless Shoe Source, Cato, Radio Shack, Rent-ACenter, The UPS Store, GNC and JoAnn Fabrics. Area demographics include a population of 110,489 within five miles earning $62,305 as the average household income. The average daily traffic count is 35,000 vehicles along North Main Street. For more information, contact John Dosser, Childress Klein Properties, 301 South College Street, Suite 2800, Charlotte, NC 28202; 704-342-9000; Email: john. dosser@childressklein.com.
from 1,078 sq.ft. to 2,156 sq.ft. available. Area demographics include a population of 146,509 within three miles earning $53,178 as the average household income. For more information regarding the Shops at Lakeline, contact Barret Espe, Retail Solutions, 3724 Executive Center Drive, Suite 220, Austin, TX 78731; 512474-5557; Email: barret@retailsolutions.us; Web site: www.retailsolutions.us. For more information regarding the Plaza at Callaghan, contact Charlie Roof or Austin Villarreal, 210-722-6290/210-374-6111; Email: charlie@retailsolutions.us.
ABC and Tropical Smoothie Café. The average daily traffic count is 45,000 vehicles. For more information regarding Cedar Lakes Center, contact Chris Arney or Cole Werkheiser The Katsias Company, 757490-3585, Emails: chris@katsias.com and cole@katsias.com; Web site: www.katsias.com. For more information regarding Holland Plaza Shopping Center, contact John Katsias or Cole Werkheiser; Email: john@katsias.com.
Texas
Virginia
Cedar Park – Shops at Lakeline, located along Lakeline Boulevard, has spaces from 1,200 sq.ft. to 24,000 sq.ft. available. Area demographics include a population of 133,918 within five miles earning $90,209 as the average household income. The asking rent is $22 to $26 psf NNN. San Antonio – Plazas at Callaghan, a 19,474 sq.ft. center located at the intersection of Callaghan Road and Horizon Hill, has spaces
Chesapeake - Cedar Lakes Center, a 35,659 sq.ft. retail center located on Cedar Road, has retail spaces from 1,000 sq.ft. to 1,560 sq.ft. available. Virginia Beach - Holland Plaza Shopping Center, a 155,000 sq.ft. retail center located at the intersection of South Independence Boulevard and Holland Road, has an anchor space of 25,600 sq.ft. available. Cotenants include Food Lion, O’Reilly Auto Parts, Anytime Fitness, Subway, Virginia
(continued from page thirty-two)
Front Royal – Gateway Plaza, a 116,465 sq.ft. center located at the intersection of Remount Road and John Marshall Highway, has spaces of 975 sq.ft., 2,600 sq.ft. and 4,050 sq.ft. available. Cotenants include Food Lion, Big Lots, CVS and Family Dollar. Area demographics include a population of 24,043 within five miles earning $78,675 as the average household income. The average daily traffic count is 31,000 vehicles along Remount Road. For more information, contact Kori Wing, Aston Properties, 610 East Morehead Street, Suite 100, Charlotte, NC 28202; 704-3194936; Email: kcwing@astonprop.com; Web D site: www.astonprop.com. M
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Single tenant retail and industrial NNN properties, subject to existing leases Power centers leased to primarily national or regional big box tenants Land, subject to ground leases (including multi-tenant retail or office properties) Low or no cash flow deals
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