Dealmakers Magazine | June 3, 2011 by The Dealmakers Magazine

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

Volume XXVI No. XXI

June 3, 2011

Home-Related Chains Expand Nationwide Warehouse Home Furnishings Dist., Inc. trades as Farmers Home Furniture at 165 locations throughout AL, FL, GA, NC and SC. The stores, offering furniture, appliances and home furnishings, occupy spaces of 15,000 sq.ft. to 20,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout AL and NC during the coming 18 months. Typical leases run five years with options. A vanilla shell is required. Preferred cotenants include Dollar General, Dollar Tree, Big Lots and grocery stores. Preferred demographics include a population of 15,000 within eight miles earning $35,000 as the average household income. For more information, contact Robert Garrett, Warehouse Home Furnishings Dist. Inc., 1851 Telfair Street, Dublin, GA 31021; 478-275-6137, Fax 478-275-6136; Email: rgarrett@farmersfurniture.com; Web site: www.farmersfurniture.com. Butler Carpet Co. trades as Bob’s Carpet Mart at 14 locations throughout FL. The home furnishings stores occupy spaces of 5,000 sq.ft. to 10,000 sq.ft. in freestanding locations. Growth opportunities are sought within a 50to 60-mile radius of Clearwater, FL during the coming 18 months. Typical leases run five years with a five-year option. The company is siteselective. For more information, contact Bert Butler, Butler Carpet Co., 10815 U.S. Highway 19 North, Clearwater, FL 33764; 727-571-9998, Fax 727-571-3727; Web site: www.bobscarpet.com.

Rooms To Go trades as Rooms To Go and Rooms To Go Kids at 170 locations throughout AL, FL, GA, LA, MS, NC, SC, TN, TX and Puerto Rico. The home furnishings stores occupy spaces of 30,000 sq.ft. to 80,000 sq.ft. in freestanding locations. Plans call for four to 10 openings throughout TX and the southeastern region of the U.S. during the coming 18 months. Preferred demographics include a population of 300,000 within seven miles earning $50,000 as the average household income. Major competitors include Ashley Furniture. A land area of three to four acres is required. The company prefers to acquire sites. For more information, contact Jeff Finkel, Rooms To Go, 400 Perimeter Center Terrace, Suite 800, Atlanta, GA 30346; 678-475-0499, Fax 770-352-9953; Email: jfinkel@roomstogo.com; Web site: www.roomstogo.com. El Dorado Furniture Corp. trades as El Dorado Furniture at 12 locations throughout Broward, Dade and Palm Beach counties in FL. The home furnishings stores occupy spaces of up to 100,000 sq.ft. in freestanding locations and specialty and strip centers. Growth opportunities are sought throughout central and along the western coast of FL during the coming 18 months. For more information, contact Pedro Capo, El Dorado Furniture Corp., 4200 Northwest 167th Street, Miami, FL 33054; 305-624-9700, Fax 305624-5379; Email: pedro@eldoradofurniture.com; Web site: www.eldoradofurniture.com. (continued on page seven)

This issue contains information on:

* Retailers operating 35,350 locations with plans to open 1,894 sites * Real estate valued in excess of $147.1 million to be bought, sold & financed * Leasing activity on over 3.3 million sq.ft. of retail properties

Important News Please Expedite

Postmaster: Periodical

Featuring National Focus New Construction Brookfield Office Properties is redeveloping a 330,000 sq.ft. center in Los Angeles, CA...... Pg. 3 Buyers and Sellers Wasa Properties acquired a 114,876 sq.ft. center in Charlotte, NC........................ Pg. 4 Food Retailers Expand Johnny Rockets to open restaurants nationwide........... Pg. 5 Openings Aldi, Inc. to open 80 stores during this year and 2012...... Pg. 6 In the News Robert K. Futterman & Associates opened an office in Miami, FL.......................... Pg. 7 Lease Signings Mid-America Asset Management, Inc. negotiated a lease with Jembro for 15,200 sq.ft. in Crest Hill, IL.............. Pg. 8 Sources of Financing RCG Longview arranged $37 million in financing for a center in Manahawkin, NJ Pg. 8 Exclusives DJM Realty named master broker for Don Pablo’s throughout DE, MD and PA... Pg. 9 Lead Sheet Cobb Theatres expanding throughout the southeastern U.S......................................... Pg. 12 Cavender’s Boot City seeking sites throughout AR, AZ, CO, KS, LA and MO..................... Pg. 13 Space Place........................... Pg. 16

For more news go to: www.dealmakers.net Mobile Access Code: nf060311

is Buying

BRinging SpEEd and CERtainty to EvERy tRanSaCtion

Brauvin Real Estate is actively seeking single-tenant net-leased properties throughout the country. BRauvin CRitERia • • • • • •

BRauvin BEnEfitS

Sale-leaseback opportunities Short or long term leases Population > 50,000 within 5-mile Deal size up to $6MM per asset Portfolios up to $50MM Credit and non-credit tenants

Eric D. Saltzman (312) 759-7668 esaltzman@brauvin.com

• Completely discretionary capital • Ability to close within 30 days or less • All cash - no financing contingencies • 30+ years of retail expertise • High degree of closing certainty

Mark C. Lewensohn (312) 759-7662 mlewensohn@brauvin.com

www.brauvin.com

Drew D. McElligott (312) 759-7663 dmcelligott@brauvin.com

New Construction BRE Properties, Inc. is developing a mixeduse project in the Mission Bay district of San Francisco, CA. The first phase of the project will feature a 170-unit multifamily component and 17,000 sq.ft. of retail space, and the project will eventually feature a 280,000 sq.ft. retail component and a 6,000unit residential component. Construction on the site is slated to begin during the middle of next year. For more information, contact BRE Properties, Inc., 525 Market Street, 4th Floor, San Francisco, CA 94105; 415-445-6530; Web site: www.breproperties.com.

President/Publisher.............................. Ann O'Neal ann@dealmakers.net Vice President .................................. Alyson Parker alyson@dealmakers.net Art Director................................. Anthony Pingicer anthony@dealmakers.net Editor.................................................. Erin Dunkley erin@dealmakers.net Editor............................................... Adam Taliercio adamt@dealmakers.net Customer Service....................... Bridget Thoresen custserv@dealmakers.net Founder..................................................... Ted Kraus 1979–2007

The Dealmakers (ISSN 1055-0771) is published weekly except for the weeks of January 1st, July 4th, the ICSC's Spring and Fall Conventions and December 25th for $294 per year U.S., foreign $319 by TKO Real Estate Advisory Group Inc. PO Box 2630 Mercerville, NJ 08690-0630. TM

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 Dealmakers TM 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 086900630. Periodical postage paid at Trenton, NJ and at additional mailing offices. Affiliated with Tenant Search, E.S.P., E-Blast Copyright 2011 by TKO Real Estate Advisory Group Inc. 609-587-6200, fax 609-587-3511.

Brookfield Office Properties is redeveloping FIGat7th, a 330,000 sq.ft. center located along Figueroa Street between Seventh Street and Eighth Street in Los Angeles, CA. Target will anchor the center. Construction on the project is slated for completion next fall. For more information, contact Brookfield Office Properties, Three World Financial Center, 200 Vesey Street, 11th Floor, New York, NY 10281; 212-4177000, Fax 212-417-7214; Web site: www.brookfieldofficeproperties.com. Regency Centers is redeveloping Granada Village, a 225,000 sq.ft. neighborhood shopping center located in Granada Hills, CA. T.J. Maxx anchors the center and cotenants include Rite Aid, Stein Mart, Sally Beauty Supply, The UPS Store, H&R Block, Burger King, RadioShack and a future Sprouts Farmers Market. For more information, contact Regency Centers, 1 Independent Drive, Jacksonville, FL 32202-5019; 904-598-7000 or 800950-6333, Fax 904-634-3428; Web site: www.regencycenters.com. DeBartolo Development, LLC, with Forge Capital Partners, LLC, is developing a mixed-use project on 14.5 acres at the intersection of Mills Avenue and Virginia Drive in Orlando, FL. The project will feature retail, multifamily and office components. For more information, contact DeBartolo Development, LLC, 4401 West Kennedy Boulevard, 3rd Floor, Tampa, FL 33609; 813676-7677, Fax 813-676-7696; Web site: www.debartolodevelopment.com. Or Forge Capital Partners, LLC, 102 West Whiting Street, Suite 600, Tampa, FL 33602; 813574-6770, Fax 813-574-6771; Web site: www.forgecapitalpartners.com. WS Development, with Olympic Realty & Development Corp., is developing Millcreek Town Center, a 350,000 sq.ft. open-air center project located along Route 20/ West Ridge Road on 42 acres in Millcreek, PA. Walmart will anchor the center. Tradearea demographics include a population of 300,000. Construction on the project is slated to begin this year. For more information, contact WS Development, 1330 Boylston Street, Chestnut Hill, MA 02467; 617-232-8900, Fax 617734-4661; Web site: www.wsdevelopment.com. Or Olympic Realty & Development Corp., 424 East 52nd Street, Suite 1B, New York, NY 10022; 212-753-9333, Fax 212-753-8937; Email: info@olympicrd.com; Web site: www.olympicrd.com. www.dealmakers.net

The

Colliers International is preleasing the second phase of Madrone Village Shopping Center, located at the intersection of Cochrane Road and Madrone Parkway in Morgan Hill, CA. Cotenants include Peet’s Coffee & Tea, Chipotle, Anytime Fitness and FedEx Office. Area retail includes Target, Walmart, Staples, Petco, Ross Dress for Less, DSW, Chili’s, Red Robin and In-N-Out Burger. Area demographics include a population of 46,050 within five miles earning $120,788 as the average household income. The average daily traffic count is 32,150 vehicles. For more information, contact Tom Nelson or John Machado, Colliers International, 450 West Santa Clara Street, San Jose, CA 95113; 408-282-3960/3862; Emails: tnelson@colliersparish.com and jmachado@colliersparish.com; Web site: www.colliers.com. Centdev Properties is preleasing The Village at South Elm, a project situated on 24.9 acres at the intersection of Interstate 85 and South Elm Eugene Street in Greensboro, NC. Parcels from 1.04 to 1.55 acres are available. Area retail includes Walmart and Lowe’s Home Improvement. Area demographics include a population of 235,671 within a 15-minute drive-time earning $58,000 as the average household income. The average daily traffic count is 46,000 vehicles. For more information, contact Dale Tweedy, Centdev Properties, 16930 West Catawba Avenue, Suite 260, Cornelius, NC 28031; 704-895-1535 Ext. 17; Email: dtweedy@centdev.com; Web site: www.centdev.com. Hines Interests, with Archstone, is developing CityCenterDC, a mixed-use project situated on 10 acres at the site of a former convention center in Washington, DC. The project will feature a 458-unit multifamily component, a 185,000 sq.ft. retail component and a 520,000 sq.ft. office component. Construction on the first phase of the project began during March. The second phase will feature a 350unit hospitality component and an additional 110,000 sq.ft. retail component. For more information, contact Hines Interests, Williams Tower, 2800 Post Oak Boulevard, Houston, TX 77056-6118; 713-621-8000, Fax 713-966-2636; Email: headquarters@hines.com; Web site: D M www.hines.com.

read the issues online in our new interactive format at: www.dealmakers.net

Dealmakers

June 3, 2011

page 3

Buyers and Sellers Calkain Cos., Inc. negotiated the sale of the ground lease to a Walgreens and PNC Bank located in Fairfax, VA. The property was acquired for $13.8 million with a Cap rate of 5.9%. The company represented both the buyer and seller in the transaction. The company is also selling a 22,000 sq.ft. Crème De la Crème Early Learning Center situated on 3.8 acres off Route 7 in Washington, DC. The tenant is bound to a 15-year NNN lease set to expire during December 2018 featuring five, five-year options and rent escalations every five years. Area retail includes SuperTarget and Costco. The average daily traffic count is 49,000 vehicles. The NOI is $522,500. The asking price is $7.464 million. The company is also selling a 20,417 sq.ft. Crème De la Crème Early Learning Center situated on 2.946 acres in Plano, TX. The tenant is bound to a 15-year NNN lease set to expire during April 2018 featuring five, five-year options and rent escalations every five years. Area demographics include a population within 15 miles earning $126,000 as the average household income. The NOI is $475,022. The asking price is $6.786 million. The company is also selling an Exxon located in St. Petersburg, FL. The tenant is bound to a lease featuring annual rent escalations of 3%. The asking price is $2.416 million with a Cap rate of 8%. The company is also selling a Golden China located in Kissimmee, FL. The asking price is $2.2 million with a Cap rate of 9.45%. The company is also selling a Walgreens located in Daytona Beach, FL. The tenant is bound to a lease featuring an 11% rent escalation during 2015. The asking price is $4.6 million. The company is also selling a Matteo’s located along International Drive in Orlando, FL. The asking price is $3.5 million with a Cap rate of 6.58%. For more information regarding the Fairfax property, contact David Sobelman, Calkain Cos., Inc.; 813-282-6000; Email: dsobelman@calkain.com; Web site: www.calkain.com. For more information regarding the Washington, DC and Plano properties, contact Rick Fernandez; 703787-4732; Email: rfernandez@calkain.com. For more information regarding the St. Petersburg, Kissimmee, Daytona Beach and Orlando properties, contact Patrick Nutt; 813-282-6000; Email: pnutt@calkain.com. Wasa Properties acquired Tower Place Festival, a 114,876 sq.ft. community shopping center located along Pineville-Matthews Road in Charlotte, NC. At the time of sale, Bally’s Total Fitness anchored the center. For more information, contact Morty Bistritzky or David Richt, Wasa Properties; Email: dricht@wasaproperties.com; Web site: www.wasaproperties.com. page 4

June 3, 2011

The

Westwood Net Lease Advisors is selling a Taco Bell located along Davis Boulevard in Naples, FL. The tenant is bound to a NNN lease with 14 years remaining on the initial term, featuring 8% rent escalations every five years. Area retail includes McDonald’s, Burger King, Cracker Barrel and Subway. The asking price is $2.6 million with a Cap rate of 7.05%. The company is also selling the NNN ground lease to a 5,587 sq.ft. McDonald’s situated on a land area of 64,409 sq.ft. along University Drive in Burlington, NC. The lease has 17.5 years remaining on the term and features 12% rent escalations every five years. Area retail includes Target and Best Buy. The asking price is $1.904 million with a Cap rate of 5%. For more information, contact Chris Schellin, Westwood Net Lease Advisors; Email: cschellin@westwoodnetlease.com; Web site: www.westwoodnetlease.com. CB Richard Ellis negotiated the sale of The Shops at Park Meadows, a 5,556 sq.ft. center situated on 0.93 acres along Park Meadows Drive in Lone Tree, CO. At the time of sale, the property was 100% occupied with tenants including Subway, Max Muscle and Pasta Jay’s. The property was acquired by a private entity for $1.99 million with a Cap rate of 9.22%. The company represented the seller, Cielo Yosemite, LLC, in the transaction. For more information, contact Phillip Voorhees, Pat Toomey, Megan Read or Brad Lyons, CB Richard Ellis, 3501 Jamboree Road, Suite 100, Newport Beach, CA 92660; 949-725-8500; Web site: www.cbre.com. Newmark Knight Frank is selling a fivestory 125,000 sq.ft. building, along with a 128-acre parcel located along Cunningham Road in Gettysburg, PA. The site is zoned for mixed-use commercial and has approvals to build up to 2.6 million sq.ft. For more information, contact Alice P. DiMarzio or Lisa Ann Pollakowski, Newmark Knight Frank, 125 Park Avenue, New York, NY 10017; 212-372-2210/2053; Emails: adimarzio@newmarkkf.com and lpollakowski@newmarkkf.com, Web site: www.newmarkkf.com. Zifkin Realty Group, LLC is selling a 1.17acre parcel located along North Farnsworth Avenue in Aurora, IL. The average daily traffic count is 28,100 vehicles. For more information, contact Michael Karpik, Zifkin Realty Group, LLC, 560 West Washington Boulevard, Suite 330, Chicago, IL 60661; 312-624-7769; Email: mkarpik@zifkinrealty.com; Web site: www.zifkinrealty.com.

Dealmakers

www.dealmakers.net

Whitestone REIT acquired Desert Canyon Shopping Center, a 62,533 sq.ft. center located in Scottsdale, AZ. At the time of sale, the project was 65% occupied. The company acquired the property for $3.65 million. For more information, contact Whitestone REIT, 2600 South Gessner Road, Suite 500, Houston, TX 77063; 713-435-2221; Email: ir@whitestonereit.com; Web site: www.whitestonereit.com Matrix Realty Group is looking to acquire strip and shopping centers located throughout Chicago, IL, with a focus on the northern and northwestern suburbs. Suitable properties are more than 90% occupied and priced below $3 million with a Cap rate above 9%. For more information, contact Mark Schwarz, Matrix Realty Group; 773282-0410, Fax 773-545-2209; Email: mschwarz@matrixrealtygroup.com. Net Leased Investment Co. is selling a 9,200 sq.ft. freestanding CVS situated on 0.465 acres at the intersection of Pennsylvania Avenue and North Avenue in Baltimore, MD. The tenant is bound to a 25-year NN lease set to expire during September 2019 and featuring four, five-year options. Area demographics include a population of 620,000 within three miles earning $59,000 as the average household income. The asking price is $1.577 million with a Cap rate of 7.5%. For more information, contact Bob Fraser or Scott Austin, Net Leased Investment Co., PO Box 210783, West Palm Beach, FL 33421; 561-629-5831, Fax 561-290-1129; Email: bobfraser@netleased.com; Web site: www.netleased.com. Marcus & Millichap Real Estate Investment Services is selling the NNN ground lease to a First Niagara Bank located in Conshohocken, PA. Area demographics include a population of 10,000 within one mile earning over $100,000 as the average household income. The average daily traffic count is 47,000 vehicles. The asking price is $3.731 million with a Cap rate of 6.75%. For more information, contact Peter Snell, Mark Taylor, Dean Zang, Christopher Munley or Derrick Dougherty, Marcus & Millichap Real Estate Investment Services, 7200 Wisconsin Avenue, Suite 1101, Bethesda, MD 20814; 215531-7000, Fax 202-536-3710; Email: peter.snell@marcusmillichap.com; Web sites: www.marcusmillichap.com and D M www.taylorzang.com.

Food Retailers Expand Nationwide Dibella’s Old Fashioned Submarines, Inc. trades as Dibella’s Old Fashioned Submarines at 24 locations throughout MI, NY, OH and PA. The sandwich shops occupy spaces of 3,500 sq.ft. to 3,800 sq.ft. in freestanding locations and power and strip centers. Growth opportunities are sought throughout the existing markets, as well as CT, IN and KY, during the coming 18 months. Typical leases run 10 years. Specific improvements are required. Preferred cotenants include Home Depot, Lowe’s Home Improvement and Best Buy. Preferred demographics include a population of 100,000 within three miles earning $50,000 as the average household income. Wendy’s of Rochester trades as Wendy’s at 110 locations throughout MI, NY, OH and PA. The fast food restaurants occupy spaces of 3,600 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 20 years. Specific improvements are required. For more information, contact Greg Barkstrom, Wendy’s of Rochester, 20 North Union Street, Rochester, NY 14607; 585-262-3630, Fax 585-262-2099; Email: gbarkstrom@wenroch.com; Web site: www.dibellas.com. Sizzler Restaurants USA trades as Sizzler Steakhouse at 191 locations nationwide. The restaurants occupy spaces of 5,500 sq.ft. to 7,200 sq.ft. in freestanding locations and power and community shopping centers. Growth opportunities are sought nationwide, with a focus on the western region, during the coming 18 months, with representation by Lee & Associates. The company prefers second-generation spaces and will also consider high-visibility endcaps. The concept is franchising. For more information, contact Bo Havlik, Lee & Associates, 5872 Owens Avenue, Suite 200, Carlsbad, CA 92008; 760-448-2454, Fax 760-929-9977; Email: bhavlik@lee-associates.com; Web site: www.lee-associates.com. Singas Famous Pizza operates 18 locations throughout NJ and NY. The restaurants occupy spaces of 1,200 sq.ft. to 2,000 sq.ft. in urban/downtown areas and power and strip centers. Growth opportunities are sought throughout the existing markets, as well as CT, during the coming 18 months, with representation by Royal Properties, Inc. For more information, contact Scott Meshil, Royal Properties, Inc., 850 Bronx River Road, Bronxville, NY 10708; 914237-3403, Fax 914-237-0196; Email: scott@royalpropertiesinc.com; Web site: www.royalpropertiesinc.com.

Arctic Circle Restaurants, Inc. trades as Arctic Circle at 87 locations throughout ID, MT, NV, OR, UT, WA and WY. The fast food restaurants occupy spaces of 3,500 sq.ft. in freestanding locations. Limited growth opportunities are sought throughout ID and UT during the coming 18 months. Typical leases run 15 years. A land area of 0.7 acres is required. The company is franchising, and prefers to acquire sites for company-owned restaurants but will consider leasing. For more information, contact Gary Roberts, Arctic Circle Restaurants, Inc., PO Box 339, Midvale, UT 84047; 801-561-3620, Fax 801561-9646; Email: groberts@arcticcirclerest.com; Web site: www.arcticcircle.us. Lenny’s Sub Shop operates 150 locations nationwide. The restaurants, offering sandwiches and salads, occupy spaces of 1,500 sq.ft. to 2,400 sq.ft. in urban/downtown areas and endcaps of entertainment, specialty and strip centers. Growth opportunities are sought throughout the southeastern region of the U.S. during the coming 18 months. Typical leases run five years. The company is franchising and prefers to locate in areas with a high daytime population. For more information, contact Andrew Bryant, Lenny’s Sub Shop, 8295 Tournament Drive, Suite 200, Memphis, TN 38125; 901-259-6259, Fax 901-753-4395; Email: realestate@lennyscorp.com; Web site: www.lennys.com. Rosa Mexicano operates 10 locations throughout CA, FL, GA, NY and Washington, DC. The Mexican restaurants occupy spaces of 5,000 sq.ft. to 12,000 sq.ft. in urban/ downtown areas and endcaps of lifestyle and strip centers. Growth opportunities are sought throughout major metropolitan areas nationwide during the coming 18 months, with representation by Higdon Development. Typical leases run 10 to 12 years with options. A tenant improvement allowance is required. Major competitors include Red O. The company prefers sites with patio space and valet parking located in areas with affluent demographics and dense urban populations. The company will also consider freestanding locations and spaces in event centers and hotels. Shorty Smalls, Inc. trades as Shorty Small’s at eight locations throughout AR, KS, MO and OK. The casual restaurants occupy spaces of 5,000 sq.ft. to 7,000 sq.ft. in freestanding locations, malls and power and strip centers. Limited growth opportunities are sought throughout the existing markets during the coming 18 months, with representation by Higdon Development. Typical leases run 10 to 20 years. A turnkey is required. Preferred demographics include a population www.dealmakers.net

The

of 60,000 within five miles earning $60,000 as the average household income. Major competitors include Applebee’s, Chili’s and barbecue specialty restaurants. For more information, contact John Higdon, Higdon Development, PO Box 3307, Cedar Park, TX 78630; 512-255-6814; Email john@higdon.us; Web site: www.rosamexicano.com. Johnny Rockets, Inc. trades as Johnny Rockets at 296 locations nationwide and internationally. The restaurants, offering hamburgers, sandwiches and hand-dipped shakes and malts, occupy spaces of 500 sq.ft. to 4,800 sq.ft. in malls and entertainment, specialty and tourist centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 10 years. Major competitors include Ruby’s and ‘50s-style diners. Preferred demographics include a population of 80,000 within three miles earning $55,000 as the average household income. The company is franchising. For more information, contact Danielle Danson, Johnny Rockets, Inc., 20 Enterprise, Suite 300, Aliso Viejo, CA 92656; 949643-6100, Fax 866-209-9523; Email: ddanson@johnnyrockets.com; Web site: www.johnnyrockets.com. Zaxby’s operates 522 locations throughout AL, AR, FL, GA, KY, MS, NC, SC, TN, TX and VA. The quick-service restaurants occupy spaces of 3,000 sq.ft. to 3,500 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets, as well as LA, during the coming 18 months, with representation by Snow Properties, Inc. A land area of at least one acre is required. The company prefers to acquire raw land, and is franchising. For more information, contact Tommy Mitchell, Snow Properties, Inc., 1040 Founders Boulevard, Suite 100, Athens, GA 30606; 706-433-2289; Web site: www.zaxbys.com. O&M Restaurant Group trades as Burger King at 12 locations throughout OK. The fast food restaurants occupy spaces of 2,500 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing market, as well as northern LA and northern TX, during the coming 18 months. Typical leases run 20 years. A vanilla shell and a land area of 30,000 sq.ft. are required. For more information, contact David Ostrowe, O&M Restaurant Group, 1000 West Wilshire Boulevard, Suite 203, Oklahoma City, OK 73116; 405-840-4180, Fax 405842-3004; Email: david@180business.com; D M Web site: www.180business.com.

Dealmakers

June 3, 2011

page 5

Who’s Opening and Where Hobby Lobby Stores, Inc. (405-745-1100) will open a Hobby Lobby store along South Willow Street in Manchester, NH as part of a plan to open 35 locations nationwide this year. The opening will be the company’s first in New England and is slated to open later this year. The company also plans to open a 55,000 sq.ft. store at the intersection of Route 94 and Eisenhower Drive in Hanover, PA. The store will be the company’s first in York County, PA and its fifth in the state, and is slated to open during mid-to-late fall. The company also plans to open locations in MD and OR and currently operates 472 stores, offering craft and hobby supplies, nationwide throughout 39 states. Urban Outfitters, Inc. (215-454-5500) plans to open between 50 and 55 stores this year, having opened 46 locations nationwide last year. Planned openings include 14 Free People stores, Urban Outfitters and Anthropologie locations and its first BHLDN bridal store. The company trades as Urban Outfitters, Anthropologie, Free People, Leifsdottir and Terrain. Aldi, Inc. (630-879-8100) plans to open 80 Aldi stores during this year and 2012. Planned openings include a store in Bronx, NY, slated for this year, which will be the company’s second in New York, NY.

The Bon-Ton Stores, Inc. (717-757-7660) plans to open a 60,000 sq.ft. Carson’s store at Markland Mall, an enclosed regional mall located in Kokomo, IN. The store will replace an existing Elder-Beerman store in the mall and will join Sears and Target at the center. The company currently operates 275 locations, offering apparel and accessories for men, women and children, as well as cosmetics and home furnishings, throughout 23 states in the northeastern, midwestern and upper Great Plains regions of the U.S., trading as The Bon-Ton, Bergner’s, Boston Store, Carson Pirie Scott, Elder-Beerman, Herberger’s, Younkers and Parisian. Jo-Ann Stores, Inc. (330-656-2600) plans to open a 23,000 sq.ft. Jo-Ann Fabrics store in a former OfficeMax at Colerain Towne Center, located along Interstate 275 in Colerain Township, OH, as part of a plan to open 60 locations this year and remodel 60 existing units. The store is slated to open by year’s end, will be the company’s sixth in the greater Cincinnati, OH area and will join Walmart, Dick’s Sporting Goods and Hobby Lobby at the center. The company also plans to remodel an existing 60 locations and currently operates more than 750 stores nationwide throughout 48 states.

Wal-Mart Stores, Inc. (479-273-4000) will open an 80,000 sq.ft. Walmart on the site of a former Publix at Historic Westside Village, located along Martin Luther King Jr. Drive in Cascade, GA. The store will be nearly three times larger than the Publix location. Construction on the store is slated to begin during the summer with an opening projected for next summer.

Big Lots, Inc. (614-278-6800) plans to open a 30,000 sq.ft. Big Lots store in part of a former QFC at Covington Shopping Center, located at the intersection of Southeast 272nd Street and Wax Road Southeast in Covington, WA. The store is slated to open during late September or early October. The company currently operates more than 1,400 stores, offering consumables, seasonal items, furniture, housewares, toys and gifts, nationwide throughout 48 states.

Menard, Inc. (715-876-5911) plans to open a 261,000 sq.ft. two-story Menards home improvement store along Interstate 394 in Golden Valley, MN. The store will replace an existing, smaller Menards location on the site and is slated to open next spring. The company currently operates 258 locations throughout IA, IL, IN, KS, MI, MN, MO, ND, NE, OH, SD, WI and WY.

Hennes & Mauritz AB (212-564-9922) will open a 21,000 sq.ft. H&M store at Denver Pavilions on the 16th Street Mall, located in downtown Denver, CO. The store will be the company’s first in the state and is slated to open during the fall. The company currently operates 2,200 locations, offering apparel for men, women and children, worldwide, including 200 stores throughout the U.S.

99 Cents Only Stores (323-980-8145) plans to open 16 stores during the company’s 2012 fiscal year, having opened five locations during the fourth quarter of fiscal 2011. The first new store is slated to open during July. The majority of the fiscal 2012 openings will be located in CA and are slated to open during the second half of the year. The company currently operates 285 stores throughout AZ, CA, NV and TX.

Dunkin’ Brands, Inc. (781-737-3000) plans to open 36 Dunkin’ Donuts shops in the Milwaukee, WI area, including a store at the intersection of Pilgrim Road and Silver Spring Drive in Menomonee Falls that opened last month. The company will also, through franchisee Gilligan Oil Co., LLC, open six locations throughout Cincinnati, OH. The company currently operates 9,700 locations nationwide and internationally.

page 6

June 3, 2011

The

Dealmakers

www.dealmakers.net

C&J Clark America, Inc. (800-211-5461) plans to open a Clarks shoe store at Crossgates Mall, located in Albany, NY. Skechers also plans to open a location at the mall. Both stores are slated to open during the summer and will join 77kids, Deb and H&M at the center. The Cook’s Warehouse (866-890-5962) will open a 4,800 sq.ft. store at Merchant’s Walk, located in East Cobb, GA. The company currently operates three locations in Midtown, Decatur and Brookhaven, GA. R.H. Reny, Inc. (207-563-3177) plans to open a 32,000 sq.ft. Renys store in part of a former Village Candle at Topsham Fair Mall, located along Route 196 in Topsham, ME. The store will be the company’s 16th location and is slated to open during August. Tractor Supply Co., Inc. (615-366-4600) will open a 19,097 sq.ft. Tractor Supply Co. store along West Main Street in Honeoye Falls, NY. The opening will be the company’s 60th in the state and is slated for August. The company currently operates more than 1,000 locations nationwide throughout 44 states. Ulta Salon, Cosmetics & Fragrance, Inc. (630226-0020) plans to open a 10,000 sq.ft. Ulta store at Towne Center, located along Route 3 in Watertown, NY. The store will join Bed Bath & Beyond and Target at the center. The company currently operates more than 380 locations nationwide throughout 40 states. The Children’s Place Retail Stores, Inc. (201558-2400) will open a The Children’s Place store at West Park Mall, located in Cape Girardeau, MO. The store will open later this year and will join Things Remembered and Sportsman Trail at the center. The company currently operates 995 locations nationwide. Gap, Inc. (650-952-4400) will open a 3,500 sq.ft. Athleta store at the intersection of Columbus Avenue and West 70th Street in the Upper West Side area of Manhattan, NY. The store will be the company’s second in the concept, offering women’s athletic apparel, and is slated to open during the fall. Target Corp. (612-304-6073) plans to open a Target at Sharon Commons, a 450,000 sq.ft. center located off Interstate 95 in Sharon, MA. The store is slated to open next summer and will join BJ’s Wholesale Club at the center. The company currently operates 1,752 locations nationwide throughout 49 states. DM

Home-Related Chains Expand Nationwide (continued from page one)

English Butler operates 25 locations throughout Canada. The home furnishings stores, offering framed prints, accent lamps, crystal, dinnerware linens, stationery, afghans and collectibles, occupy spaces of 2,200 sq.ft. to 4,500 sq.ft. in malls and power centers. Growth opportunities are sought throughout eastern Canada during the coming 18 months, with representation by Retail Strategy Group, Inc. Preferred cotenants include department stores. The company is franchising. For more information, contact Nick Assad, Retail Strategy Group, Inc., 88 Whitehall Road, Toronto, Ontario, Canada M4W 2C7; 416-966-9802, Fax 416-619-5431; Email: nassad@retailstrategygroup.com; Web site: www.retailstrategygroup.com. Wolf Furniture Enterprises, Inc. trades as Wolf Furniture and Wolf’s Clearance Center at 10 locations throughout MD and PA. The home furnishings stores occupy spaces of 40,000 sq.ft. to 65,000 sq.ft. in freestanding locations and power centers. Limited growth opportunities are sought throughout MD, PA and northern VA during the coming 18 months. Typical

leases run 20 to 25 years. A vanilla shell and specific improvements are required. Preferred cotenants include Home Depot, Target and Lowe’s Home Improvement. A land area of four to six acres is required for freestanding locations. For more information, contact Wolf Furniture Enterprises, Inc., 1620 North Tuckahoe Street, Bellwood, PA 16617; 814742-4380, Fax 814-742-4389; Web site: www.wolffurniture.com. Hudson’s Bay Co. trades as Home Outfitters at 62 locations throughout Canada. The stores, offering kitchen, bed and bath products, occupy spaces of various sizes in power centers. Growth opportunities are sought throughout the existing market during the coming 18 months. For more information, contact Bruce Moore, Hudson’s Bay Co., 401 Bay Street, Suite 600, Toronto, Ontario, Canada M5H 2Y4; 416-861-4521, Fax 416-861-6870. Ace Hardware operates 4,400 locations nationwide and internationally. The stores, offering hardware, tools, housewares and home improvement, houseware, plumbing and electrical items, as well as lawn and

garden supplies, occupy spaces of 8,000 sq.ft. to 20,000 sq.ft. in freestanding locations, strip centers and urban/downtown areas. Growth opportunities are sought throughout Dutchess, Orange, Putnam, Rockland, Sullivan, Ulster and Westchester counties in NY during the coming 18 months, with representation by Royal Properties, Inc. The company is also seeking sites of 12,000 sq.ft. to 15,000 sq.ft. in freestanding locations and inline spaces and endcaps of shopping centers throughout northern CA during the coming 18 months, with representation by Metrovation Brokerage. Preferred cotenants include grocery stores. For more information regarding expansion in NY, contact Scott Meshil, Royal Properties, Inc., 850 Bronx River Road, Bronxville, NY 10708; 914-237-3403; Fax 914-237-0196; Email: scott@royalpropertiesinc.com; Web site: www.royalpropertiesinc.com. For more information regarding expansion throughout northern CA, contact Christine Firstenberg or Kurt Grundman, Metrovation Brokerage, 580 2nd Street, Suite 260, Oakland, CA 94607; 510-839-4000, Fax 510-465-4472; Email: kurt@metrovation.com; Web site: www.metrovationbrokerage.com. DM

Real Estate Professionals Making the News Robert K. Futterman & Associates (212-5993700) opened an office in Miami, FL. The office is the company’s sixth location in the U.S. The company also hired Drew Schaul as a vice president to oversee the Miami office. Prior to joining the company, he served as a senior associate and retail broker at CB Richard Ellis, specializing in the southern FL region. The company is an independent real estate firm specializing in retail leasing, investment sales and consulting services. Colliers International (206-223-0866) hired Mark Keschl as national director of retail. He will operate out of Boca Raton, FL and will be responsible for leading new client pursuits, overseeing the retail group’s practices and recruiting new members to the team. Prior to joining the company, Keschl served as a principal with Millennium Retail Properties, as well as a principal at Trammell Crow Co. The company offers corporate solutions, brokerage, property and asset management, valuation, consulting and appraisal services, as well as mortgage banking and research, out of more than 480 offices nationwide and internationally.

NAI Global (212-405-2466) hired Jay Olshonsky as executive vice president and chief operating officer out of the company’s New York, NY office. He had previously served as chief operating officer at NAI Friedland Realty, the company’s Westchester County, NY affiliate. Prior to joining the company, he served at CB Richard Ellis as managing director of the company’s Washington, DC brokerage operations. The company, based in Princeton, NJ, offers corporate real estate services, brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain consulting and advisory services out of 350 offices nationwide and internationally. Grubb & Ellis Co. (714-975-2230) hired Patric Davis as vice president of the company’s retail group. She specializes in retail leasing for tenants and landlords, as well as shopping center sales. Prior to joining the company, Davis served as a principal at Lee & Associates. The company is a commercial real estate services and investment firm with more than 100 company-owned and affiliate offices worldwide. www.dealmakers.net

The

Fameco Management Services (610834-8000), a subsidiary of Fameco Real Estate, hired Karen Cahill as a property manager. She will oversee a portfolio of retail space throughout the Philadelphia, PA metropolitan area totaling one million sq.ft. Prior to joining the company, Cahill served as eastern region asset manager for Acme Markets at Supervalu, Inc. The company specializes in retailer and owner representation and investment sales throughout DE, NJ and PA. Sutton Real Estate Co. (315-424-1111) hired Larry J. Socia as retail director. He specializes in tenant and owner representation, site selection, market analysis, disposition and sales and leasing brokerage services. The company, based in Syracuse, NY, offers property management and brokerage services throughout central NY. illi Commercial Real Estate (818-5012212) hired Merv Einbund as director of investments. Prior to joining the company, he served at Westcord Realty, Marcus & D Millichap and EJM Development Co. M

Dealmakers

June 3, 2011

page 7

Lease Signings

Sources of Financing

Sansone Group (314-727-6664) negotiated a lease with San-Li Investment, Inc. for 1,600 sq.ft. at Dierberg’s Fenton Crossing, located along Old Smizer Mill Road in Fenton, MO. The company represented the landlord, Fenton Development, LLC, in the transaction. The company also negotiated a lease with Wireless Vision of St. Louis, LLC for a 3,226 sq.ft. T-Mobile at Buzz Westfall Plaza on the Boulevard, located along West Florissant Avenue in Jennings, MO. The company represented the landlord, Sansone Plaza on the Boulevard, LLC, in the transaction. The company also negotiated a lease with The Skin Institute, LLC, for 4,933 sq.ft. at Ronnie’s Plaza Shopping Center, located along South Lindbergh Boulevard in St. Louis, MO. The company represented the landlord, Ronnie’s Plaza, Inc., in the transaction. The company also negotiated a lease with Unity Cosmetology, LLC for 5,200 sq.ft. at Vermillion Plaza, located at the intersection of Old Route 66 and West Reynolds Street in Pontiac, IL. The company also negotiated a lease with Teppanyaki Grill, Inc. for a 12,000 sq.ft. Hibachi Sushi Grill & Buffet restaurant at Towne South Plaza, located along U.S. Highway 41 in Terre Haute, IN. The company represented the landlord, Creekstone Towne South Plaza, LLC, in the transaction. illi Commercial Real Estate (818-5012212) negotiated a three-year lease with Bare Elegance for 800 sq.ft. of space along Highland Avenue in Hollywood, CA. The company represented the tenant and Doud Associates represented the landlord in the transaction. The company also negotiated a five-year lease with MetroPCS for 975 sq.ft. of space along North San Fernando Boulevard in Burbank, CA. The company represented the landlord and the tenant in the transaction. The company also negotiated a five-year lease with SoCal Smokeshop for 1,100 sq.ft. of space along Devonshire Street in Mission Hills, CA. The company represented the landlord and the tenant in the transaction. The company also negotiated a five-year lease with Left Coast Art Gallery for 1,600 sq.ft. of space along Ventura Boulevard in Studio City, CA. The company represented the landlord and the tenant in the transaction. Mid-America Asset Management, Inc. (630954-7300) negotiated a lease with Jembro for 15,200 sq.ft. at Hillcrest Shopping Center, located at the intersection of Plainfield Road/ Route 30 and Larkin Avenue in Crest Hill, IL. Food 4 Less and T.J. Maxx anchor the center, with cotenants including CitiTrends and Dollar Tree. page 8

June 3, 2011

The

Winick Realty Group, LLC (212-792-2600) negotiated leases with Waterfront Wines and Spirits for 1,170 sq.ft. and with Brooklyn Bridge Bark for 1,760 sq.ft. at One Brooklyn Bridge Park, located in Brooklyn Heights, NY. The company, with Spandrel Property Services, Inc., represented the landlord and tenant in both transactions. The company also negotiated a lease with Fashion Terminal, Inc. for 2,000 sq.ft. of ground-floor space and a 3,500 sq.ft. basement along West 36th Street between Broadway and Seventh Avenue in Manhattan, NY. The company represented the landlord, Foremost Realty, and Charles Rutenberg Realty represented the tenant in the transaction. Vanguard-Fine, LLC (518-862-0861) negotiated the following leases throughout NY: a five-year lease with Feigenbaum Cleaners, Inc. for 1,200 sq.ft. at Fresh Market Commons in Latham; a seven-year lease with Clearburger, Inc. for a 2,500 sq.ft. Five Guys Burgers & Fries at Big Flats Commons in Big Flats; a five-year lease with Pet Zone for 5,000 sq.ft. at Amersterdam Shopping Center in Amsterdam; a 10-year lease with Family Dollar for 8,192 sq.ft. at Wynantskill Square in Wynantskill; a five-year lease extension with Advance Auto for 16,000 sq.ft. of space along Second Avenue in Troy, and a 10-year lease with Planet Fitness for 18,000 sq.ft. of space in Port Jervis. Centro Properties Group (212-869-3000) signed a lease with Kamili Rugs for 2,265 sq.ft. at Rose Pavilion, located at the intersection of Santa Rita Road and Rosewood Drive in Pleasanton, CA. Crossroads Commercial Real Estate represented the tenant in the transaction. The company also signed a lease with Michaels for 25,000 sq.ft. at Western Hills Plaza in Westwood, OH. Levin Management Corp. (800-488-0768) negotiated a lease with D’lites Emporium for 1,280 sq.ft. at Mayfair Shopping Center, a 214,625 sq.ft. center located along Jericho Turnpike in Commack, NY. Cotenants at the center include Waldbaums, Gap, Ann Taylor Loft, Jos. A. Bank, Talbots Outlet, Outback Steakhouse, Ciao Baby, Good Taste Buffet, Bagel Boss, Kosher Market & Deli and Original Brooklyn Pizza. The company represented the landlord and Breslin Realty represented the tenant in the transaction. Transwestern Retail (202-775-7000) negotiated a lease with The Kellogg Collection for space along Wisconsin Avenue Northwest in Washington, DC. The company represented the tenant and KLNB Retail represented the landlord, Grosvenor, D M in the transaction.

Dealmakers

www.dealmakers.net

Better Loans & Realty provides hard-money financing for land and commercial and residential properties throughout CA. Loans are available in amounts from $100,000 to $20 million featuring interest rates from 9% to 12%. For more information, contact Joseph Perez, Better Loans & Realty, 4543 Encinas Drive, La Canada, CA 91011; 818-952-2750, Fax 818-952-2069; Email: joseph@betterloansandrealty.com; Web site: www.betterloansandrealty.com. Dominion Mortgage Corp. provides permanent, bridge, equity and mezzanine financing for retail, office, multifamily and industrial properties nationwide. Loans are available in amounts above $1 million featuring terms of up to 10 years for permanent loans and up to three years for bridge loans. For more information, contact Keith Olson, Dominion Mortgage Corp., 11355 West Olympic Boulevard, Suite 210, Los Angeles, CA 90064; 310-477-3041 Ext. 133; Email: keitho@dominfin.com; Web site: www.dominfin.com. Affinity Funding Resources, Inc. provides bridge and mezzanine financing for retail, multifamily, office, industrial and hospitality properties nationwide. Loans are available in amounts from $3 million to $30 million for terms of under three years for bridge loans and under five years for mezzanine loans, featuring a maximum loan-to-value ratio of 85%. For more information, contact Brent Germaine, Affinity Funding Resources, Inc.; 734-506-8448, Fax 734-629-0388; Email: afrinc@aol.com and afrinc@comcast.net. CFO Capital Partners provides financing for a variety of property types. Loans are available for terms of five, seven, 10 and 15 years with fixed interest rates and featuring amortization schedules from 25 to 30 years and a maximum loan-to-value ratio of 65% or higher in select cases. For more information, contact Paul Sheldon, CFO Capital Partners, 437 Foxtract Road, 1st Floor, Bridgeport, NY 13030; 315-633-9653, Fax 775-248-6603; Email: psheldon@cfocapitalpartners.com; Web site: www.cfocapitalpartners.com. RCG Longview arranged $37 million in financing for a 326,128 sq.ft. shopping center located in Manahawkin, NJ. The loan featured a five-year term with a fixed interest rate. For more information, contact RCG Longview, 7 Penn Plaza, Suite 512, New York, NY 10001; 212-356-9200, Fax 212736-6363; Email: info@rcglongview.com; Web site: www.rcglongview.com. DM

Exclusives and Leasing Assignments Levy Commercial Realty, LLC (901-7534848) represents Half Shell with the chain’s expansion throughout the greater Memphis, TN area. The seafood restaurants occupy spaces of 4,500 sq.ft. to 5,000 sq.ft. in endcaps of strip and neighborhood shopping centers. The company also represents Huey’s Restaurant with the chain’s expansion throughout northern MS and the greater Memphis, TN area. The restaurants, with a liquor license, occupy spaces of 4,200 sq.ft. to 4,500 sq.ft. in endcaps of strip and neighborhood shopping centers. The company also represents Dunkin’ Donuts with the chain’s expansion throughout MS and along the Gulf Coast in AL and FL. The shops, offering donuts, coffee, bagels, breakfast sandwiches and baked goods, occupy spaces of 1,700 sq.ft. to 2,000 sq.ft. in freestanding locations and endcaps of shopping centers. A drive-thru is required for freestanding locations and is strongly preferred for endcap spaces. DJM Realty (631-927-0024) has been named the master broker for Don Pablo’s, representing the chain with their expansion throughout the Wilmington, DE; Annapolis and Baltimore, MD, and Philadelphia, PA metropolitan areas. The restaurants are seeking spaces of 6,500 sq.ft. to 8,000 sq.ft. in conversions of existing restaurant spaces. The company prefers freestanding locations but will consider endcaps of shopping centers. Newmark Knight Frank (312-386-3140) represents Lady Jane’s Haircuts For Men with the chain’s expansion throughout the Chicago, IL metropolitan area, including Wrigleyville, Lincoln Park, Niles, Rolling Meadows, Glen Ellyn, Darien, Lombard, Oak Lawn, Elmhurst, Wheaton, Addison and Melrose Park. The hair salons utilize spaces of 1,200 sq.ft. to 1,600 sq.ft. in endcaps and inline spaces of shopping centers. GA Keen Realty Advisors (646-381-9222), a division of Great American Group, LLC, has been retained by Robb & Stucky to dispose of 24 furniture stores. The sites range in size from 5,000 sq.ft. to 324,000 sq.ft. and are located in AZ, FL, NC, NV and TX. Terranova Corp. (305-695-8700) has been named the exclusive leasing agent for CocoWalk, an open-air lifestyle center located along Grand Avenue in Coconut D M Grove, FL.

like us on facebook: www.facebook.com/the dealmakers

Puerto rico SiteS Wanted 40,000 Sf to 80,000 Sf

Burlington Coat Factory is a credit tenant with nearly 400 department stores nationwide. The company was acquired for $2.06 billion in April 2006, by Bain Capital Partners, LLC, a leading global private investment firm. Burlington Coat Factory will be the hottest retailer on the Island with the best selection of branded designer apparel for the family and luxury home decor accessories at the best prices.

Site Criteria: 40,000 sf to 80,000 sf New Construction, Existing Space, Build-to-Suits Mall, Strip Center, Power Center and Freestanding Please submit sites or call for questions: Ann O’Neal 609-937-1828 | Email: ann@dealmakers.net or Leon Winer 787-632-4300 | lwiner@realestatepr.net www.dealmakers.net

The

Dealmakers

June 3, 2011

page 9

Lead Sheet Totes Isotoner Corp. dba Totes, Sunglass World and Sunglass Station Eloise Lee 9655 International Boulevard Cincinnati, OH 45246 513-682-8200, Fax 513-682-8604 Email: elee@totes.com Web site: www.totes-isotoner.com

Accessories The 92-unit chain operates locations nationwide. The stores, offering weather-related apparel and accessories, occupy spaces of 500 sq.ft. to 2,500 sq.ft. in outlet centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run five years. A vanilla shell is required. Major competitors include Sunglass Hut.

Books-A-Million, Inc. dba Books-A-Million, Books & Co. and Bookland Sharon Sprague 402 Industrial Lane Birmingham, AL 35211 205-942-3737, Fax 205-942-2147 Web site: www.booksamillioninc.com

Books The 200-unit chain operates locations throughout AL, AR, FL, GA, IL, IN, KS, KY, LA, MD, MO, MS, NC, NE, NJ, OH, OK, PA, SC, TN, TX, VA, WV and Washington, DC. The bookstores occupy spaces of 12,000 sq.ft. to 15,000 sq.ft. in malls and power centers. Growth opportunities are sought throughout the eastern region of the U.S. during the coming 18 months. Typical leases run 10 years with options. Specific improvements and a turnkey are required. Preferred demographics include a population of 50,000 within five miles earning $60,000 as the average household income.

HJB Convenience Corp. dba Russellâ&#x20AC;&#x2122;s Convenience Stores Ray Huff 8585 West 14th Avenue Lakewood, CO 80215 720-881-5900 Web site: www.russellsconvenience.com

Convenience The 14-unit chain operates locations throughout CA, CO and HI. The convenience stores occupy spaces of 900 sq.ft. to 3,000 sq.ft. in urban/downtown areas. Growth opportunities are sought throughout the existing markets during the coming 18 months.

Wawa, Inc. dba Wawa Department of Real Estate 260 West Baltimore Pike Wawa, PA 19063-5699 610-358-8000, Fax 610-358-6865 Web site: www.wawa.com

Convenience The 580-unit chain operates locations throughout DE, MD, NJ, PA and VA. The convenience stores, some with gasoline facilities, occupy freestanding locations situated on a land area of 1.5 to two acres. Growth opportunities are sought throughout DE; the Orlando and Tampa Bay markets in FL; MD; NJ; PA and VA during the coming 18 months.

Sally Beauty Supply and CosmoProf Steve Patten c/o The Proto Group, LLC 116 Washington Avenue North Haven, CT 06473 203-234-6371, Fax 203-234-6372

Cosmetics The 4,000-unit chain operates locations nationwide and internationally. The stores, offering beauty products and related accessories and supplies, as well as salon furniture and products, occupy spaces of 1,600 sq.ft. to 1,800 sq.ft. for Sally Beauty Supply locations and 2,000 sq.ft. to 2,400 sq.ft. for CosmoProf locations. Growth opportunities are sought for the Sally Beauty Supply concept throughout CT, western MA and VT during the coming 18 months, with representation by The Proto Group, LLC. Typical leases run five years. A vanilla shell is required. Preferred cotenants include apparel retailers and grocery stores.

B&B Department Stores North Jeff Davidson 1975 Swarthmore Avenue Lakewood, NJ 08701 732-901-1562, Fax 732-901-8710

Department Store The three-unit chain operates locations along the NJ coast. The stores, offering family apparel, accessories and footwear, occupy spaces of 7,000 sq.ft. to 13,000 sq.ft. in freestanding locations and downtown areas. Growth opportunities are sought throughout Monmouth and Ocean counties in NJ during the coming 18 months. Typical leases run two to five years. The company prefers to locate in beach communities.

www.dealmakers.net

The

Dealmakers

June 3, 2011

page 11

Lead Sheet Burlington Coat Factory Warehouse Corp. dba Burlington Coat Factory Warehouse Michael Shanahan 1830 Route 130 North Burlington, NJ 08016 609-387-7800 Ext. 1170, Fax 609-589-2953 Email: michael.shanahan@coat.com Web site: www.coat.com

Department Store The 460-unit chain operates locations nationwide and throughout Puerto Rico. The department stores, offering family apparel, footwear, home dĂŠcor items and gifts, occupy spaces of 60,000 sq.ft. to 80,000 sq.ft. in freestanding locations, malls and power, specialty, strip and value centers. Growth opportunities are sought throughout the northeastern, southeastern and southwestern regions of the U.S., as well as all major metropolitan markets nationwide and in Puerto Rico, during the coming 18 months. Preferred demographics include a population of 300,000 within 10 miles earning $55,000 as the average household income.

Stein Mart Christine Firstenberg c/o Metrovation Brokerage 580 2nd Street, Suite 260 Oakland, CA 94607 510-839-4000 Ext. 240, Fax 510-465-4472 Email: cfirstenberg@metrovation.com Web site: www.metrovationbrokerage.com

Department Store The 267-unit chain operates locations nationwide. The department stores occupy spaces of 28,000 sq.ft. to 32,000 sq.ft. in lifestyle, power and specialty centers. Growth opportunities are sought throughout northern CA, including the San Francisco Bay area and the Sacramento metropolitan area, during the coming 18 months, with representation by Metrovation Brokerage. Preferred cotenants include Bed Bath & Beyond, Trader Joeâ&#x20AC;&#x2122;s and upscale grocery stores. Preferred demographics include a population of 100,000 within five miles earning $75,000 as the average household income.

Ann & Hope, Inc. dba Ann & Hope Outlet Shops, Curtain & Bath Outlet and Garden Outlet Michael Chase 1 Ann & Hope Way Cumberland, RI 02864 401-722-1000, Fax 401-728-8480 Email: mchase@annhope.com Web site: www.curtainandbathoutlet.com

Discount The 10-unit chain operates locations throughout CT, MA and RI. The stores, offering window treatments and related products, occupy spaces of 7,000 sq.ft. to 30,000 sq.ft. in power, strip and value centers. Growth opportunities are sought throughout CT, MA, southern NH and RI during the coming 18 months. Typical leases run five years with options. A vanilla shell is required.

Target Todd Cooper c/o Ripco Real Estate 420 Jericho Turnpike, Suite 100 Jericho, NY 11753 516-933-8880, Fax 516-933-2514 Email: tcooper@ripcony.com Web site: www.ripcony.com

Discount The 1,755-unit chain operates locations nationwide throughout 49 states. The discount stores, offering apparel, electronics, sporting goods and kitchen, bath and bedding items, as well as general merchandise, occupy spaces of 120,000 sq.ft. to 200,000 sq.ft. in freestanding locations and power centers. Growth opportunities are sought throughout Fairfield, CT; northern and central NJ and Long Island and New York, NY during the coming 18 months, with representation by Ripco Real Estate.

T&E Stores, Inc. dba Telco Stores Ted Serure 6014 11th Avenue Brooklyn, NY 11219 718-853-5050, Fax 718-853-4019 Email: teddy@telcostores.com

Discount The eight-unit chain operates locations throughout NY. The stores, offering apparel, linens and housewares, occupy spaces of 7,000 sq.ft. to 15,000 sq.ft. in strip and value centers, as well as urban/downtown areas. Plans call for two openings within NJ and NY during the coming 18 months. Typical leases run 10 years. Major competitors include Conway and Shoppers World.

Cobb Theatres Jeremy Welman 2000-B Southbridge Parkway, Suite 100 Birmingham, AL 35209 205-802-1110, Ext 112 Email: jwelman@cobbtheatres.com

Entertainment The 17-unit chain operates locations throughout AL and Lakeland, Miami-Dade and Winter Haven, FL. The movie theaters occupy spaces of 25,000 sq.ft. to 85,000 sq.ft. in entertainment, lifestyle and mixed-use centers. Growth opportunities are sough throughout the southeastern region of the U.S. during the coming 18 months. Preferred demographics include a population of 100,000 within three to five miles earning $75,000 as the average household income.

page 12

June 3, 2011

The

Dealmakers

www.dealmakers.net

Lead Sheet America’s Best Contacts & Eyeglasses David Dunkelman c/o Colliers International 399 Market Street Philadelphia, PA 19106 215-928-7542, Fax 215-925-1040 Email: david.dunkelman@colliers.com

Optical The 200-unit chain operates locations nationwide. The stores, offering eyeglasses and contact lenses, occupy spaces of 2,800 sq.ft. to 3,500 sq.ft. in freestanding locations, malls and power and strip centers, as well as urban/downtown areas. Growth opportunities are sought throughout NJ and PA during the coming 18 months, with representation by Colliers International. Typical leases run five years with options. A vanilla shell and specific improvements are required. Preferred cotenants include Kohl’s, PetSmart, Men’s Wearhouse and Walmart. Preferred demographics include a population of 250,000 within five miles earning $40,000 as the average household income. Major competitors include For Eyes, Lenscrafters and Pearle Vision.

Global Pet Food Stores, Inc. dba Global Pet Foods Jim Walker 294 Walker Drive, Unit 2 Brampton, Ontario, Canada L6T 4Z2 905-790-9023, Fax 905-790-7059 Web site: www.globalpetfood.com

Pet Supplies The 130-unit chain operates locations throughout Alberta, New Brunswick, Nova Scotia, Ontario, Prince Edward Island, Quebec and Saskatchewan, Canada. The pet supply stores occupy spaces of 1,500 sq.ft. to 2,000 sq.ft. in strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 10 years with two, five-year options. Major competitors include Pet Value, Pet Center and PetSmart. The company is franchising.

Cavender’s Boot City Sharon Biles c/o Sabre Properties 3336 Richmond Avenue, Suite 302 Houston, TX 77098 713-524-4646, Fax 713-630-0680

Shoes The 50-unit chain operates locations throughout AR, KS, LA, OK and TX. The stores, offering boots and western apparel and accessories, occupy spaces of 15,000 sq.ft. to 20,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout AR, AZ, CO, KS, LA and MO during the coming 18 months, with representation by Sabre Properties. Preferred demographics include a population of 50,000 within five miles. The company prefers to acquire sties but will also consider leasing spaces.

H.H. Brown Retail, Inc. dba Super Shoes Jeff Tate c/o Macro Retailing, Inc. 1525 Lincoln Way East Chambersburg, PA 17202 717-496-8674 Email: tatej@hhbrown.com

Shoes The 42-unit chain operates locations throughout MD, ME, NH, NY, PA, VA and VT. The stores, offering footwear and accessories for men, women and children, occupy spaces of 16,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months.

Shoe Carnival, Inc. dba Shoe Carnival Mike Smith 7500 East Columbia Street Evansville, IN 47715 812-867-4260, Fax 812-471-9864 Web site: www.shoecarnival.com

Shoes The 315-unit chain operates locations nationwide throughout 30 states in the midwestern, western, southern and southeastern regions of the U.S. The stores, offering value-priced family footwear and accessories, occupy spaces of 8,000 sq.ft. to 12,000 sq.ft. in power and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 10 years with options. A turnkey is required. Preferred cotenants include T.J. Maxx, Ross Dress for Less, Old Navy, Target, Kohl’s and JCPenney. Preferred demographics include a population of 200,000 within seven to 10 miles earning $50,000 to $60,000 as the average household income. Major competitors include Famous Footwear and Rack Room Shoes.

The Brown Shoe dba Famous Footwear Harold Van Ommeren 116 East Madison Street Lake Mills, WI 53551 920-648-8989, Fax 314-827-0054 Email: hvanommeren@famousfootwear.com Web site: www.famousfootwear.com

Shoes The 1,131-unit chain operates locations nationwide. The stores, offering name-brand family footwear, occupy spaces of 6,000 sq.ft. in regional malls and power and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run five years. A turnkey is required. Preferred cotenants include Target, Kohl’s, T.J. Maxx, Ross Dress for Less, Marshalls and Old Navy. Preferred demographics include a population of 100,000 within five miles earning $65,000 as the median household income.

www.dealmakers.net

The

Dealmakers

June 3, 2011

page 13

Lead Sheet Famous Horse, Inc. dba V.I.M. Sarah Joseph 16401 Jamaica Avenue Jamaica, NY 11432-4913 718-387-3777, Fax 718-301-6141 Web site: www.vim.com

Shoes The 30-unit chain operates locations throughout NJ and NY. The stores, offering footwear and apparel, occupy spaces of 10,000 sq.ft. in downtown areas. Growth opportunities are sought throughout the existing markets during the coming 18 months. The company prefers to acquire sites.

Blue Martini, Inc. dba Blue Martini Alexander Peker 707 Kentland Drive Great Falls, VA 22066 703-400-5034 Email: alexp@bluemartinilounge.com Web site: www.bluemartinilounge.com

Specialty The 10-unit chain operates locations throughout AZ, FL and NV. The bars and lounges occupy spaces of 5,500 sq.ft. in entertainment, mixed-use, regional and tourist centers. Plans call for five openings throughout Atlanta, GA; Chicago, IL; Boston, MA; Charlotte, NC; TX and Washington, DC during the coming 18 months. Typical leases run 10 years with options. A tenant improvement allowance is required. Preferred cotenants include Capital Grille, Seasons 52 and P.F. Changâ&#x20AC;&#x2122;s.

Crown Trophy, Inc. dba Crown Trophy Scott Kelly 9 Skyline Drive Hawthorne, NY 10532 914-347-7700, Fax 914-347-0211 Email: scott@crowntrophy.com Web site: www.crownfranchise.com

Specialty The 146-unit chain operates locations nationwide. The stores, offering trophies and awards, occupy spaces of 1,600 sq.ft. to 2,200 sq.ft. in strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run five years with a five-year option. The company is franchising.

Relax The Back Acquisitions Corp. dba Relax the Back Jeff Dewane 6 Centerpointe Drive, Suite 350 La Palma, CA 90623 800-290-2225 Ext. 7941, Fax 714-523-2980 Email: jeffd@relaxtheback.com Web site: www.relaxtheback.com

Specialty The 105-unit chain operates locations nationwide. The stores, offering back support products, occupy spaces of 2,300 sq.ft. to 2,700 sq.ft. in lifestyle, power and specialty centers. Plans call for 12 openings throughout the existing market during the coming 18 months. Typical leases run five years with options. A vanilla shell and tenant improvement allowance are required. Preferred cotenants include upscale retailers and restaurants. Preferred demographics include a population of 150,000 with five miles earning $80,000 as the average household income. Major competitors include mattress and furniture stores. The company is franchising.

Viking Cooking School, Viking Kitchen Center and Viking/Home Chef Steven Levy c/o Levy Commercial Realty, LLC PO Box 38466 Germantown, TN 38183-0466 901-753-4848, Fax 901-753-9077 Email: slevy@levycommercial.com Web site: www.levycommercial.com

Specialty The 17-unit chain operates locations throughout AK, GA, IL, MS, NJ, NY, OH, PA, TN, TX and UT. The culinary schools, offering classes for adults, teenagers and children, occupy spaces of 2,000 sq.ft. to 5,000 sq.ft. in lifestyle, specialty and neighborhood shopping centers, as well as resorts. Plans call for two openings nationwide during the coming 18 months, with representation by Levy Commercial Realty, LLC. Typical leases run five to 10 years. Expansion is for company owned locations; however, the concept does have licensed locations.

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 14

June 3, 2011

The

Dealmakers

www.dealmakers.net

R LE

FOR

LEAS

FOR LEASE

Space Place California

Florida

Illinois

Vacaville – Nut Tree, a 440,000 sq.ft. center situated on 70 acres at the intersection of East Monte Vista Avenue and Nut Tree Road, has spaces available from 610 sq.ft. to 4,633 sq.ft. along with a 7,200 sq.ft. outlot. Best Buy, Sport Chalet, PetSmart, HomeGoods, Old Navy and Borders anchor the center. Cotenants include BevMo, Tilly’s, Famous Footwear, Wet Seal, Justice, Pearl Izumi, Buffalo Wild Wings, Panera Bread, Peet’s, Amici’s Pizza, Subway, See’s Candies, Sport Clips, T-Mobile, L&L Hawaiian BBQ, Rubios, Five Guys Famous Burgers and Fries, Jamba Juice, Cheese Steak Shop and Jelly Belly. Area retail includes Vacaville Premium Outlets, Vacaville Commons and Power Plaza. Area demographics include a population of 234,630 within 10 miles earning $81,440 as the average household income. The average daily traffic count is 135,000 vehicles. For details, contact Susan GhestKehoe, Westrust, 100 Shoreline Highway, Building B, Suite 310, Mill Valley, CA 94941, 415-489-1717, Fax 415-489-1737; Email: sghest@westrust.com; Web site: www.westrust.com.

household income. The asking rent ranges from $7 psf to $15 psf with CAM of $1.91 psf. For details, contact Willow Shambeck, Cursor Florida Realty Corp., 444 West New England Avenue, Suite 116, Winter Park, FL 32789; 407-453-1858, Fax 212-298-8409; Email: willow@cursorprop.com; Web site: www.cursorprop.com.

Chicago – A two-story, 2,000 sq.ft. space with a basement is available. Area retail includes Erie LaSalle Body Shop, Rock ‘N Roll McDonald’s, Fogo De Ciao, Ed Debevics, Gino’s East, Subway and Blue Frog Bar & Grill. Also, a 1,540 sq.ft. space located along North Milwaukee Avenue is available. Area retail includes Walgreens, 7-Eleven and Free People. Area demographics include a population of 1.274 million within five miles earning $84,411 as the average household income. The asking rent is $30 psf. For details, contact Michael S. Weber, @Properties, 212 East Ohio Street, 2nd Floor, Chicago, IL 60611; 312-506-0212, Fax 312277-7330; Email: mweber@atproperties.com; Web site: www.atproperties.com.

Florida Delray Beach – Delray Town Center, a 103,000 sq.ft. power center situated on 10 acres at the intersection of Linton Boulevard and Military Trail, has spaces available of 1,400 sq.ft.; 4,510 sq.ft. and 36,917 sq.ft. Aldi anchors the center and cotenants include Payless ShoeSource, The UPS Store, Sal’s Italian Restaurant, Sally Beauty Supply, Domino’s Pizza and TD Bank. Area retail includes Walmart Supercenter, Wendy’s, Bank of America and Wells Fargo Bank. Area demographics include a population of 187,289 within five miles earning $108,561 as the average household income. The average daily traffic count is 80,000 vehicles. For details, contact Scott Meyers, Commercial Real Estate, LLC, PO Box 811030, Boca Raton, FL 33481; 561-414-5552, Fax 866941-6704; Email: scott@cre.info; Web site: www.commercialrealestatellc.com. Jacksonville – Jacksonville Regional, a 78,000 sq.ft. center situated on a land area of 347,017 sq.ft. at the intersection of Lem Turner Road and Dunn Avenue, has spaces available of 3,300 sq.ft.; 7,000 sq.ft. and 19,854 sq.ft. Winn-Dixie, JCPenney, CitiTrends and Bealls Outlet anchor the center. Cotenants include Payless ShoeSource, Hibbett Sports, Cato and It’s Fashion Metro. Area demographics include a population of 61,543 within five miles earning $53,890 as the average page 16

June 3, 2011

The

Plantation – Plantation Marketplace, located along West Broward Boulevard, has spaces available from 1,542 sq.ft. to 34,420 sq.ft. Cotenants include Big Lots, CVS, Winn-Dixie, Subway and Bealls Outlet. Area demographics include a population of 399,667 within five miles earning $49,948 as the median household income. The average daily traffic count is 46,500 vehicles. For details, contact Aileen Messinger or Brandyn Lorenz; Equity One, Inc., 1600 Northeast Miami Gardens Drive, North Miami Beach, FL 33179; 305-9471664; Emails: amessinger@equityone.net and blorenz@equityone.net; Web site: www.equityone.net. Royal Palm Beach – Commons at Royal Palm, a 158,267 sq.ft. power center located along North State Road 7, has spaces available of 1,289 sq.ft.; 1,388 sq.ft.; 2,275 sq.ft.; 2,679 sq.ft. and 3,250 sq.ft. along with a 5,716 sq.ft. endcap space. T.J. Maxx, PetSmart, Michaels and Toys “R” Us anchor the center. Area demographics include a population of 26,783 within three miles earning $82,587 as the average household income. The average daily traffic count is 44,566 vehicles. For details, contact Steve Miller or Jeff Kalil, The Rotella Group, Inc., 3300 North Federal Highway, Suite 200, Ft. Lauderdale, FL 33306; 954-568-9015, Fax 954-5689597; Emails: steve@rotellagroup.com and jeff@rotellagroup.com; Web site: www.rotellagroup.com.

Georgia Martinez – The Shoppes at Petersburg, a 46,604 sq.ft. strip center situated on 6.22 acres at the intersection of Old Petersburg Road and Old Evans Road, has spaces available of 1,500 sq.ft. and 7,500 sq.ft. Food Lion anchors the center and cotenants include Evans Cleaners. Area demographics include a population of 112,584 within five miles earning $74,492 as the median household income. The asking rent is $8 psf. For details, contact Michelle Engermann, The Shoppes at Petersburg, 4098 Old Petersburg Road, Martinez, GA 30909; 240476-0064; Email: michellee5@hotmail.com.

Dealmakers

www.dealmakers.net

Chicago – A 3,000 sq.ft. space located at the intersection of Milwaukee Avenue and North Avenue is available. The average daily traffic count is 48,800 vehicles. Rolling Meadows – A Meijer located along Meijer Drive has a 658 sq.ft. in-store space available. Area retail includes Lowe’s Home Improvement, JewelOsco, Walgreens, Walmart, GameStop and Sam’s Club. Area demographics include a population of 263,828 within five miles earning $71,092 as the median household income. The average daily traffic count is 64,500 vehicles. For details regarding the Chicago property, contact Ed Zifkin or Tim Franz, Zifkin Realty Group, LLC, 560 West Washington Boulevard, Suite 330, Chicago, IL 60661; 312-624-7766/7770; Emails: ezifkin@zifkinrealty.com and tfranz@zifkinrealty.com; Web site: www.zifkinrealty.com. For details regarding the Rolling Meadows property, contact Sarah Moberg; 312-624-7784; Email: smoberg@zifkinrealty.com. Chicago – A mixed-use center located at the intersection of East 59th Street and State Street has space available. Also, an 833 sq.ft. space located along North Wells Street is available. Area retail includes Alonti, Jamba Juice, Arby’s, Nailpro, Starbucks and Walgreens. Skokie – A center located along Oakton Street has space available. For details regarding the Chicago properties, contact Niki Stathos or James Schutter, Newmark Knight Frank, 1 East Wacker Drive, Suite 3500, Chicago, IL 60601; 312-386-3160/3149; Emails: nstathos@newmarkkf.com and jschutter@newmarkkf.com. For details regarding the Skokie property, contact James Schutter or Kevin McNamara; 312-386-3112; Email: kmcnamara@newmarkkf.com.

Space Place

R LE

FOR

LEAS

FOR LEASE

Indiana

Maryland

Bloomington – A 61,538 sq.ft. center located along East 3rd Street has a divisible space of 28,000 sq.ft. available. Barnes & Noble anchors the center and cotenants include Staples and Chilli’s. Area retail includes College Mall, Macy’s, Target, Marsh Market and Best Buy. The average daily traffic count is 20,000 vehicles. For details, contact Harold S. Fry, Hauck Holdings, Ltd., 4334 Glendale-Milford Road, Cincinnati, OH 45242; 513-7333300 Ext. 203, Fax 513-733-8621; Email: hsf@hauckco.com.

Liberatore’s, T-Mobile, Golden Szechuan, Weight Watchers, Woodlea Bakery, CR Wings, News Center, Bel Air Hair Salon, Professional Vision, Open Door Café, Only Nails and Wireless Zone. Area retail includes Macy’s, Sears, Best Buy, Target and Home Depot. The average daily traffic count is 65,554 vehicles. Hanover – Arundel Mills Corporate Park, a mixed-use development consisting of two, five-story office buildings with ground-floor retail situated on 20.2 acres at the intersection of Arundel Mills Boulevard and Route 100, has spaces available from

1,500 sq.ft. to 15,218 sq.ft. Cotenants include The Greene Turtle and The Goddard School. Area retail includes Arundel Mills Mall. For details regarding the Bel Air property, contact Chris Kurz, Linden & Associates, Inc., 410-532-6250; Email: cwkurz@linden-assoc.com; Web site: www.linden-assoc.com. Or Margaret Meginnis, Sierra Mid-Atlantic; 443977-4622; Email: mmeginniss@sierraus.com. For details regarding the Hanover property, contact Chris Kurz or Mike Kalinock, JPB Enterprises, Inc.; 410-884-1960. (continued on page eighteen)

Indianapolis – Washington Shoppes, located at the intersection of Washington Street and Mitthoeffer Road, has spaces available from 1,400 sq.ft. to 9,000 sq.ft. along with a 5,700 sq.ft. endcap. Cotenants include Plato’s Closet, Casual Male, Porter Paints, CVS, Payless ShoeSource, CiCi’s Pizza and Subway. Area retail includes McAlister’s Deli, Walmart, PetSmart, Best Buy, Target, Dick’s Sporting Goods and Washington Square Mall. Area demographics include a population of 624,680 within 10 miles earning $58,599 as the average household income. The average daily traffic count is 60,000 vehicles. Plainfield – Plainfield Village, located along U.S. Highway 40/ Main Street, has spaces available from 1,546 sq.ft. to 6,000 sq.ft. along with two 1.55acre outlots. Cotenants include Mattress World, Akira Japanese Steakhouse, Kids Go Round Superstore, Bio-Fit Fitness, Paws Ability and Foxy’s Hair Studio. Area retail includes Kohl’s, JCPenney, Ulta, Dick’s Sporting Goods, Target and Designer Shoe Warehouse. Area demographics include a population of 363,900 within 10 miles earning $61,448 as the average household income. The average daily traffic count is 39,000 vehicles. For details regarding the Indianapolis property, contact Jeff Roberts, The Broadbent Co., 117 East Washington Street, Suite 300, Indianapolis, IN 46204; 317-237-2900, Fax 317-237-2953; Email: jroberts@broadbentco.com; Web site: www.broadbentcompany.com. For details regarding the Plainfield property, contact Jeff Roberts or Joe Kenney; Email: jkenney@broadbentco.com.

Maryland Bel Air – Bel Air Town Center, a 92,000 sq.ft. neighborhood shopping center located at the intersection of Route 1 and Route 24, has spaces available from 1,600 sq.ft. to 10,800 sq.ft. Cotenants include Lendmark, Leslie’s PoolMart, CitiFinancial, www.dealmakers.net

The

Dealmakers

June 3, 2011

page 17

R LE

FOR

LEAS

FOR LEASE

Space Place Maryland

(continued from page seventeen)

Landover – King Shopping Center, located along Martin Luther King Jr. Highway, has spaces available of 1,900 sq.ft. and 3,000 sq.ft. Shoppers Food Warehouse and CVS anchor the center. Area demographics include a population of 347,330 within five miles earning $69,921 as the average household income. The average daily traffic count is 29,202 vehicles. For details, contact Steve Solomon or Jason Whittington, Solomon Real Estate, Inc., 3341 Benning Road Northeast, Washington, DC 20019; 202-388-3003; Emails: steve@solomonreal.com and jason@solomonreal.com. Oxon Hill – Sunrise Shopping Center has spaces available from 3,000 sq.ft. to 6,600 sq.ft. Cotenants include McDonald’s, Family Dollar and Duron Paints. For details, contact John Mitchell, Billy Orlove or Steve Gaudio, JBG Rosenfeld Retail, 4445 Willard Avenue, Suite 700, Chevy Chase, MD 20815; 301-657-7336/7343/7341; Emails: jmitchell@jbgr.com, borlove@jbgr.com and sgaudio@jbgr.com.

New Jersey East Brunswick – Route 18 Shopping Center, a 121,696 sq.ft. center situated on 12.4 acres along Hillsdale Road, has spaces available of 3,000 sq.ft.; 4,095 sq.ft. and 19,121 sq.ft. along with a 10,000 sq.ft. outlot. Cotenants include Burger King, Brunswick Racquet Club, Shogun Japanese, Brothers Pizza, Liquid and BirdHouse. Area demographics include a population of 172,795 within five miles earning $102,427 as the average household income. The average daily traffic count is 80,560 vehicles. For details, contact Kyle Farley, Rosen Associates Management Corp., 33 South Service Road, Jericho, NY 11753; 516-2811532; Email: kfarley@rosenmgmt.com; Web site: www.rosenmgmt.com. Livingston – Northfield Road Retail Center, an 8,100 sq.ft. strip center located at the intersection of Northfield Road and South Livingston Avenue, has an 831 sq.ft. space available. New York Sports Club shadowanchors the center and cotenants include George Daniel & Co., Livingston Natural Foods, Llewelly Edison Savings, U.S. Postal Service and Huntington Learning Center. Area retail includes ShopRite, Nero’s Grill, Dunkin’ Donuts, Bank of America and Sam’s Specialty Shop. Area demographics include page 18

June 3, 2011

The

New Jersey

a population of 245,330 within five miles earning $128,229 as the average household income. The average daily traffic count is 16,126 vehicles. Paramus – A 5,000 sq.ft. freestanding former GameStop located at the intersection of Route 17 and A&S Drive has spaces available of 1,500 sq.ft. and 3,500 sq.ft. Area retail includes Petco, Staples, Gap, Home Depot, Casual Male, Babies “R” Us, Crate & Barrel, Fashion Center and Ashley Furniture. Area demographics include a population of 355,186 within five miles earning $108,438 as the average household income. The average daily traffic count is 150,000 vehicles. West Long Branch – A 2,000 sq.ft. freestanding former Statewide Glass located along Route 36 is available. Area retail includes Staples, PetSmart, ShopRite, Jiffy Lube, Walgreens, Aldi, Home Depot, Dunkin’ Donuts, Kmart and Advance Auto. Area demographics include a population of 157,738 within five miles earning $90,441 as an average household income. The average daily traffic count is 47,000 vehicles. West Orange – A 2,000 sq.ft. freestanding former West Orange Diner situated on 0.3 acres is available. Area retail includes Rite Aid, Pizza Hut, Food King, Sovereign Bank, CVS, Papa John’s, Wachovia Bank and Kearny Federal Savings Bank. Area demographics include a population of 702,763 within five miles earning $80,993 as the average household income. For details regarding the Livingston property, contact Jesse Finkelstein, The Goldstein Group, 45 Eisenhower Drive, Paramus, NJ 07652; 201-7039700 Ext. 14, Fax 201-703-9678; Email: jfinkelstein@thegoldsteingroup.com; Web site: www.thegoldsteingroup.com. For details regarding the Paramus property, contact Florian Suserman; 201-703-9700 Ext. 23; Email: fsuserman@thegoldsteingroup.com. For details regarding the West Long Branch property, contact Lew Finkelstein, 201-703-9700 Ext. 22; Email: lfinkelstein@thegoldsteingroup.com. For details regarding the West Orange property, contact Denise Evgenikos, 201-703-9700 Ext. 39; Email: devgenikos@thegoldsteingroup.com.

a population of 149,939 within five miles earning $114,939 as the average household income. The asking rent is $27 psf with CAM and taxes of $7.50 psf. For details, contact Sandy Schonberger, Schonberger Associates, LLC, 615 West Mt. Pleasant Avenue, Livingston, NJ 07039; 973-758-9890, Fax 973-758-9877; Email: sandy@schonbergerassociates.com.

Livingston – Cedar Plaza, a strip center situated on 3.8 acres at the intersection of Livingston Avenue and Cedar Street, has a 2,829 sq.ft. endcap space available. CVS anchors the center and cotenants include The UPS Store, Cartridge World, Laurzean Jewelers, Spare Pair and Manhattan Bagel. Area retail includes Village Shopping Center, featuring Pathmark; Walgreens, ShopRite and 7-Eleven. Area demographics include

Dealmakers

www.dealmakers.net

North Plainfield – A divisible 22,000 sq.ft. freestanding building situated on 0.71 acres along Route 22 is available. Area demographics include a population of 878,439 within 10 miles earning $120,730 as the average household income. The average daily traffic count is 45,000 vehicles. Tinton Falls – A 5,000 sq.ft. freestanding building situated on 0.25 acres at the intersection of Shrewsbury Avenue and Newman Springs Road has a 3,000 sq.ft. space available. Area demographics include a population of 342,335 within 10 miles earning $112,548 as the average household income. The average daily traffic count is 37,000 vehicles. For details, contact Bruce Jeffery, Jeffery Realty, Inc., 116 Route 22 East, North Plainfield, NJ 07060; 908-668-9600, Fax 908-668-5225; Email: bjeffery10@aol.com; Web site: www.jefferyrealty.com. Princeton – A 15,000 sq.ft. center located along Pine Street has space available. For details, contact Linda Fahmie, Keller Williams Commercial, 100 Canal Pointe Boulevard, Suite 120, Princeton, NJ 085404719; 609-610-4730, Fax 609-921-1077; Email: lfahmie@gmail.com. Tenafly – A 2,200 sq.ft. space with a basement located along Washington Street is available. Area retail includes CVS, Stop & Shop and The UPS Store. For details, contact Vicki Ezra, Greco Sackeim Realty Group, 39 Park Place, Suite 202, Englewood, NJ 07631; 201-567-0477, Fax 201-567-7770; Email: vicki@iobase.com; Web site: www.grecosackeimrealty.com.

New York Jackson Heights – Jackson Heights Shopping Center, a 128,756 sq.ft. strip center located at the intersection of 31st Avenue and 75th Street, has a 1,511 sq.ft. space available. Cotenants include Modell’s, Waldbaum’s, Rite Aid, Carvel, Sovereign Bank, Pearle Vision, RadioShack and Rainbow. Area (continued on page twenty)

Over 6,000

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? TenantSearch 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 6,000 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.

Try a Demo to See for Yourself How Easy TenantSearch is to Use! Just call us for a demo on CD-Rom or go online at www.tenantsearch.com

Daily Email Alerts Retailer expansion plans are updated daily and online TenantSearch users receive 5 to 25 leads daily via email. 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.

Call 1-800-732-5856 or visit our Web site at www.tenantsearch.com

ORDER NOW!

Fax your order to: (609-587-3511)

Mail your order to: PO Box 2630 Mercerville, NJ 08690 National Edition (approx. 6,000 leads)

 $589 (CD-ROM)  $369 (Online)  $369 (Hardcopy)  $689 (Online & CD-ROM) Regional Edition (approx. 2,500 leads per region)

 West  Midstates  East  South  $379 (CD-ROM)  $289 (Online)  $289 (Hardcopy)  $479 (Online & CD-ROM) Online Access, please provide Email address: _____________________________ Password (minimum 4 characters, case-sensitive): __________________________

QUESTIONS.... Email: ann@dealmakers.net or Call: 800-732-5856 Contact/Ship to: (TenantSearch is shipped via UPS ground at no charge) Name __________________________________________________ Company _______________________________________________ Street ___________________________________________________ City ____________________________________________________ Phone __________________________________________________ Credit Card

 Visa  Mastercard  American Express

Card #: _____________________________ Exp. Date: __________ Sec. Code: _______ Signature: ______________________________ Cardholder Name: ________________________________________

R LE

FOR

LEAS

FOR LEASE

Space Place New York

(continued from page eighteen)

demographics include a population of 2.652 million within five miles earning $84,269 as the average household income. Staten Island – Manor Road Shopping Center, a 58,898 sq.ft. strip center located at the intersection of South Gannon Avenue/Staten Island Expressway and Manor Road, has spaces available of 1,700 sq.ft.; 2,600 sq.ft. and 4,300 sq.ft. CVS and Chase Bank anchor the center. Cotenants include Dunkin’ Donuts and Carvel. Area demographics include a population of 497,982 within five miles earning $80,002 as the average household income. For details, contact Nicholas Forelli, Muss Development, LLC, 118-35 Queens Boulevard, Forest Hills, NY 11375; 718263-3800 Ext. 307, Fax 718-263-5069; Email: nforelli@muss.com; Web site: www.muss.com. Jericho – Towne Square Shopping Center, an 87,637 sq.ft. power center located at the intersection of Terry Parkway and Daniels Road, has spaces available of 1,200 sq.ft.; 2,246 sq.ft. and 9,600 sq.ft. Save-A-Lot and Family Dollar anchor the center. Cotenants include Church’s Chicken, Subway, World Gym and H&R Block. Area demographics include a population of 251,682 within five miles earning $49,763 as the average household income. The average daily traffic count is 30,700 vehicles. For details, contact Kyle Farley, Rosen Associates Management Corp., 33 South Service Road, Jericho, NY 11753; 516-2811532; Email: kfarley@rosenmgmt.com. New Hyde Park – A 38,899 sq.ft. freestanding King Kullen Supermarket situated on 2.94 acres at the intersection of Jericho Turnpike and Nassau Terminal Road is available. Area retail includes Staples, Petco and Chase Bank. Area demographics include a population of 643,026 within five miles earning $115,527 as the average household income. The asking rent is $27 psf with CAM of $1.61 psf and taxes of $8.88 psf. For details, contact Douglas Bomzer or Beth Lamport, Breslin Realty Development Corp., 500 Old Country Road, Garden City, NY 11530; 516-741-7400 Ext. 212, Fax 516-7415621; Email: dbomzer@breslinrealty.com; Web site: www.breslinrealty.com.

North Carolina Cary – Harrison Square, located at the intersection of Harrison Avenue and page 20

June 3, 2011

The

North Carolina

Pennsylvania

Harrison Oaks Boulevard, has spaces available of 1,200 sq.ft.; 1,500 sq.ft.; 1,601 sq.ft. and 1,800 sq.ft. along with a divisible space of 27,608 sq.ft. Cotenants include McDonald’s, Wendy’s, Chick-Fil-A, Burger King, Wachovia Bank, Jiffy Lube and Colony Tire. Area demographics include a population of 134,224 within five miles earning $90,863 as the average household income. The average daily traffic count is 40,000 vehicles. Also, Crescent Commons, located at the intersection of Tryon Road and Kildaire Farms Road, has a 2,000 sq.ft. space available along with a 6,000 sq.ft. freestanding building situated on 1.17 acres as well as a 0.8-acre outlot. Harris Teeter as well as Walmart anchor the center. Area demographics include a population of 161,669 within five miles earning $102,825 as the average household income. The average daily traffic count is 73,000 vehicles. Lenoir – North Hill Plaza, located along U.S. Highway 321/Blowing Rock Boulevard, has spaces available from 1,200 sq.ft. to 4,821 sq.ft. along with a 1.026-acre outlot. Magic Mart anchors the center and cotenants include rue21, Shoe Show, SmartCuts, Cato, Verizon Wireless, Maurices, Hibbett Sports, Bestway Rent to Own, Jackson Hewitt, CVS and Alltel. Area retail includes Walmart Supercenter. Trade-area demographics include a population of 77,695 earning $48,377 as the average household income. The average daily traffic count is 32,000 vehicles. For details, contact Nathan Cretarolo, GFD Management, Inc., Suite 200, 14600 Weston Parkway, Cary, NC 27513; 919-677-9400 Ext. 144; Email: ncretarolo@gfdinc.com; Web site: www.gfdinc.com.

Allentown – A 70,612 sq.ft. center located along Hanover Avenue has a divisible space of 9,658 sq.ft. available. Cotenants include Planet Fitness, Family Dollar, 7-Eleven, Popeye’s, Metro PCS and Philly Pretzel. Warrington – A 1.58-acre parcel located along Easton Road is available. Area retail includes Home Depot, Citibank, Ann Taylor Loft, Wegmans, Staples, Michaels, The Sports Authority, Walgreens, Wendy’s, P.F. Chang’s, Starbucks, Bath & Body Works and Citizens Bank. Area demographics include a population of 137,438 within five miles earning $108,925 as the average household income. The average daily traffic count is 43,696 vehicles. For details regarding the Allentown property, contact Derek Zerfass, Colliers International, One Windsor, 7535 Windsor Drive, Suite 208, Allentown, PA 18195; 610-295-6125, Fax 610-770-3100; Email: derek.zerfass@colliers.com; Web site: www.colliers.com. For details regarding the Warrington property, contact Del Markward; 610-306-6600; Email: del.markward@colliers.com.

Oregon Salem – Auburn Center, a 25,000 sq.ft. strip center situated on 2.08 acres at the intersection of Lancaster Drive and Auburn Road, has a 1,350 sq.ft. space available. Blockbuster Video and Sleep Country anchor the center. Cotenants include T-Mobile and Baskin-Robbins. Area retail includes OfficeMax, Video Only, 24 Hour Fitness, Target and Lancaster Mall, featuring Sears, Macy’s, Burlington Coat Factory and Regal Cinemas. The average daily traffic count is 40,000 vehicles. The asking rent is $19 psf with CAM of $3 psf. For details, contact Tiffany Jones, Coldwell Banker Commercial, 250 Division Street Northeast, Salem, OR 97301; 503-587-4777, Fax 503-588-3514; Email: tjones@cbcre.com; Web site: www.cbcre.com.

Dealmakers

www.dealmakers.net

South Carolina Simpsonville – Hillcrest Marketplace, a 55,842 sq.ft. strip center situated on 11.2 acres at the intersection of Main Street and Woodcliff Court, has spaces available of 2,500 sq.ft. and 6,720 sq.ft. Simpsonville Sports Club anchors the center and cotenants include Little Caesar’s and Hillcrest Cleaners. Area demographics include a population of 64,734 within five miles earning $53,010 as the average household income. For details, contact Willow Shambeck, Cursor Properties, 444 West New England Avenue, Winter Park, FL 32789; 407-453-1858, Fax 212-298-8409; Email: willow@cursorprop.com; Web site: www.cursorprop.com. Wilmington – Oleander Point, located at the intersection of Fordham Road and Oleander Drive, has spaces available of 1,500 sq.ft.; 2,250 sq.ft.; 4,486 sq.ft. and 9,425 sq.ft. Whole Foods Market anchors the center. Area retail includes Carolina First Bank, Chick-Fil-A, Rite Aid, Great Outdoor, K&W Cafeteria, Omega Sports, Harris Teeter, Office Depot, Books-A-Million, Pier 1 Imports, Hardee’s, Talbot’s, RBC Centura Bank, First Bank, Wachovia Bank and Independence Mall, featuring Belk, Dillards, JCPenney and Sears. Area draws include (continued on page twenty-two)

advertise with the dealmakers at the

2011 icsc new york national conFerence

The December 9th issue, distributed at the ICSC New York National Conference in New York, NY, delivers your advertising message to the real decision makers. Our readers respond and our advertisers get results. SET THE STAGE Book appointments in advance by placing your ad in The Dealmakers November 25th pre-show issue, telling everyone you’re ready to make deals! MAKE A STATEMENT Your ad will be hand-delivered to every attendee’s hotel room by 6 a.m. opening day and The Dealmakers December 9th show issue gets exposure on the show floor! FOLLOW UP In addition to powerhouse companies that read The Dealmakers every week, the December 16th post-show issue is mailed to attendees — giving you added exposure!

Place your ad in the Pre-Show, Show and Post-Show issues and at no extra cost, receive: • Placement on THE DEALMAKERS “A” LIST • 55,000+ decision makers will be emailed • 500,000+ real estate pros view your ad at www.dealmakers.net

Sizes Full Page 2/3 Page 1/2 Page 1/3 Page 1/4 Page Rates $1,495 $1,040 $800 $550 $475 * Prices are for black and white. Contact us for color pricing.

1/8 Page $310

For more inFormation, contact alyson Parker at 1-800-732-5856

R LE

FOR

LEAS

FOR LEASE

Space Place South Carolina

(continued from page twenty)

University of North Carolina at Wilmington. Area demographics include a population of 206,234 within 10 miles earning $69,486 as the average household income. The average daily traffic count is 30,000 vehicles. For details, contact Andrew T. Hasbrook or Jeff S. Wright, Kite Realty Group, 30 South Meridian Street, Suite 1100, Indianapolis, IN 46204; 317-713-5663/5698, Fax 317-5775605; Emails: ahasbrook@kiterealty.com and jwright@kiterealty.com; Web site: www.kiterealty.com.

Texas San Antonio – Nacogdoches Village, located at the intersection of Nacogdoches Road and O’Connor Road, has spaces available from 10,300 sq.ft. to 20,800 sq.ft. H-E-B anchors the center and cotenants include RadioShack, Rent-A-Center, Sally Beauty Supply, H&R Block, GameStop and Great Clips. Area retail includes McDonald’s, Chase Bank and Walgreens. For details, contact Barry Haydon, Durhman & Bassett Realty Group, Inc., 100

Texas

Virginia

East Anderson Lane, Austin, TX 78752; 512628-5353; Email: barryhaydon@dbrealty.net.

include Starbucks, Noodles & Company, Dollar Tree, FedEx Office, Mattress Warehouse, Aldi, Ledo Pizza and Wendy’s. Area demographics include a population of 70,723 within three miles earning $71,590 as the median household income. The average daily traffic count is 41,000 vehicles. For details, contact Lee Engle or Jared Meier, Streetsense Cos., Inc., 4600 East West Highway, Suite 800, Bethesda, MD 20814; 240-479-7207/7195; Emails: lengle@streetsense.com and jmeier@streetsense.com; Web site: www.streetsense.com.

Virginia Fredericksburg – Ferry Farm Shopping Center, a 61,744 sq.ft. center located along Kings Highway, has spaces available of 1,200 sq.ft. and 4,000 sq.ft. Bottom Dollar Food and Rite Aid anchor the center. Cotenants include H&R Block, Vinny’s Italian Restaurant, Moon Star Restaurant, Perfect Nails and Dairy Queen. Area demographics include a population of 82,929 within five miles earning $76,667 as the average household income. The average daily traffic count is 27,000 vehicles. For details, contact Bob Schwenger or Chris Wilkinson, JBG Rosenfeld Retail, 4445 Willard Avenue, Suite 700, Chevy Chase, MD 20815; 301-657-7331/7321; Emails: bschwenger@jbgr.com and cwilkinson@jbgr.com. Manassas – Shops at Signal Hill, located at the intersection of Liberia Avenue and Signal Hill Road, has space available. Cotenants

Start your subscription to

Yes!

Washington Everett – A 70,000 sq.ft. center located at the intersection of 7th Avenue Southeast and Everett Mall Way has space available. Target shadow-anchors the center. For details, contact Bill Robinson, Robinson Properties and Investments, LLC, 500 Southeast Everett Mall Way, Suite A7, Everett, WA 98208; 425-353-8400, Fax 425355-6173; Email: billr@everettmall.com; Web site: www.everettmall.com. DM

today!

Start my subscription right away to the only publication in the shopping center industry devoted exclusively to dealmaking in strip, power and specialty centers, as well as malls. I can use leads every week on retailers looking to lease space, buyers and sellers of retail properties, plus news on space for lease, retail chain acquisitions and mergers, who’s opening or closing stores, new retail concepts, shopping centers under construction and more.

Start my subscription immediately! Please charge my credit card or a check is enclosed

 $294 for one year

 $434 for two years  $187 for six months

Please circle appropriate card:

Mail my subscription to

Card #

Name _________________________________

_______________________________

Company ______________________________

Exp. Date ___________ Sec. Code ___________

Address _______________________________

Signature _______________________________

City ___________________________________ State _____________

What you’ve missed in the last 47 issues

• 2,300,000 locations of retailers with plans to open 150,000 sites • $27 billion to be bought, sold and financed • Leasing activity on over 600 million sq.ft. of retail property

Zip ________________

Phone __________________________________ Fax ____________________________________ Email __________________________________

Expedite your order by faxing the completed form to 609-587-3511 P.O. Box 2630 | Mercerville, NJ 08690 | 800-732-5856 or 609-587-6200 | Fax 609-587-3511 | www.dealmakers.net page 22

June 3, 2011

The

Dealmakers

www.dealmakers.net

ONE OF A KIND RETAIL SPACE A NEW DESTINATION FOR SOPHISTICATED SHOPPERS

THE SHOPS AT

RETAIL SPACE AVAILABLE FROM 800 - 70,000 SQUARE FEET This spectacular complex encompasses more than 400 residences and a luxurious 85-acre park with over 500 public parking spaces. At the heart of this new community is prime retail space overlooking the Manhattan skyline.

www.theshopsatonebrooklyn.com IN PARTNERSHIP WITH:

212.792.2608