Dealmakers Magazine | June 5, 2009

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

Volume XXIV No. XXI

June 5, 2009

Home-Related Chains Expand Nationwide Ace Hardware operates 5,000 locations nationwide and internationally. The stores occupy spaces of 5,000 sq.ft. to 20,000 sq.ft. in downtown areas, freestanding locations and power centers. Growth opportunities are sought throughout DE, MD, VA and Washington, D.C. during the coming 18 months, with representation by Paraclete Realty. Preferred cotenants include grocery stores. Major competitors include Lowe’s Home Improvement, Home Depot, True Value and 84 Lumber. For more information, contact Charlie Phelps, Paraclete Realty, 408 Headquarters Drive, Suite 3C, Millersville, MD 21108; 410-987-9500, Fax 410-987-9502; Email: charlie@paracleterealty.com; Web site: www.paracleterealty.com. Westlake Hardware, Inc. trades as Westlake Ace Hardware at 89 locations throughout IA, KS, MO, NE, NM, OK and TX. The hardware stores occupy spaces of 20,000 sq.ft. in freestanding locations and strip centers. Plans call for four openings throughout the existing markets during the coming 18 months. Typical leases run five years. Preferred cotenants include supermarkets and drug stores. Preferred demographics include a population of 15,000 within two miles earning $50,000 as the average household income. For more information, contact Robert Massengill, Westlake Hardware, Inc., 14000 Marshall Drive, Lenexa, KS 66215; 913-888-0808, Fax 913-888-2153; Email: bmassengill@westlakehardware.com.

Pacific Sales operates 35 locations throughout AZ, CA and NV. The stores, offering kitchen and bath items and appliances as well as electronics, occupy spaces of 20,000 sq.ft. to 25,000 sq.ft. in freestanding locations and power centers. Plans call for six openings throughout southern CA during the coming 18 months, with representation by Epsteen & Associates. Typical leases run 10 years with four, five-year options. The company prefers to locate in freeway-visible sites. For more information, contact Maryl Haire, Epsteen & Associates, 1429 4th Street, Santa Monica, CA 90401; 310-451-8171 Ext. 229, Fax 310-395-6361; Email: mhaire@epsteen.com; Web site: www.pacificsales.com. R.P. Lumber Co., Inc. trades as R.P. Lumber at 45 locations throughout IL and MO. The stores, offering building materials and home improvement products, occupy freestanding locations situated on a land area of four acres. Growth opportunities are sought throughout the midwestern region of the U.S. during the coming 18 months. The company prefers to acquire sites. Major competitors include Lowe’s Home Improvement, Home Depot and Menards. For more information, contact Jason Plummer, R.P. Lumber Co., Inc., 514 East Vandalia Avenue, Edwardsville, IL 62025; 618-656-1514, Fax 618-656-6785; Web site: www.rplumber.com. (continued on page twenty)

This issue contains information on:

* Retailers operating 36,456 locations with plans to open 2,034 sites * Real estate valued in excess of $175.95 million to be bought, sold & financed * Leasing activity on over 10.937 million sq.ft. of retail properties

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Featuring Post-Show ICSC RECon 2009 New Construction Mandel Group is preleasing the second phase of a mixed-use center in Milwaukee, WI......... Pg. 3 Profile|AEI Capital Corp....... Pg. 4 Buyers & Sellers Hanley Investment Group negotiated the sale of a grocery-anchored center in Loma Linda, CA..................... Pg. 6 Openings Inkstop is slated to open locations this year.................. Pg. 10 Food Retailers Expand SoGreen Yogurt looks for sites throughout the Northeast....... Pg. 14 In The News Ackman-Ziff hired Ed Chazen as a managing director........... Pg. 22 Bankruptcies & Closings Advance Auto closed four ND locations......................... Pg. 22 Apparel Retailers Expand Dress Code looks for sites throughout AL, MS, SC and TN.................................. Pg. 25 Lease Signings Jack Kahn Realty Services negotiated leases for T-Mobile sites throughout NJ and PA.... Pg. 26 Sources of Finance Better Loans & Realty Corp. provides hard money financing for projects nationwide.......... Pg. 27 Leadsheet Pep Boys will expand nationwide............................ Pg. 29 Space Place........................... Pg. 34

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SHOPPING IS A WALK IN THE PARK BROOKLYN HEIGHTS NEWEST WATERFRONT SHOPPING DESTINATION. THIS SPECTACULAR COMPLEX ENCOMPASSES OVER 400 RESIDENCES AND A LUXURIOUS 85 ACRE PARK WITH OVER 500 PUBLIC PARKING SPACES. AT THE HEART OF THIS NEW COMMUNITY IS PRIME RETAIL OVERLOOKING THE MANHATTAN SKYLINE.

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THIS SPECTACULAR COMPLEX ENCOMPASSES OVER 400 RESIDENCES AND A LUXURIOUS 85 ACRE PARK WITH OVER 500 PUBLIC PARKING SPACES. AT THE HEART OF THIS NEW COMMUNITY IS PRIME RETAIL OVERLOOKING THE MANHATTAN SKYLINE.

RETAIL SPACE AVAILABLE FROM 800 - 30,000 SQUARE FEET

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New Construction NAI Friedland Realty, Inc. is preleasing a mixed-use center located along Southern Boulevard in Bronx, NY. A 10,500 sq.ft. retail space is available. For more information, contact Steve Lorenzo, Robin Herko or David Scotto, NAI Friedland Realty, Inc., 656 Central Park Avenue, Yonkers, NY 10704; 914-9688500 Ext. 310/316/306, Fax 914-968-1810; Emails: s.lorenzo@friedlandrealty.com, rherko@friedlandrealty.com and dscotto@friedlandrealty.com; Web site: www.friedlandrealty.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............................................ Nicholas Hamner nicks@dealmakers.net Editor............................................... Adam Taliercio adamt@dealmakers.net Director of Circulation..................... Jane Winterle jane@dealmakers.net Advertising Coordinator............ Stephani Hamner stephani@dealmakers.net Founder................................................... Ted Kraus 1979–2007

The Dealmakers TM (ISSN 1055-0771) is published weekly except for the weeks of January 1st, July 4th, the ICSC's Spring and Fall Conventions and December 25th for $294 per year U.S., foreign $319 by TKO Real Estate Advisory Group Inc. PO Box 2630 Mercerville, NJ 08690-0630. The Dealmakers TM reports on over 20,000 retailers, developers and management companies every year. It is written by real estate professionals for real estate professionals. The newsletter keeps readers abreast of the latest leasing, development and management changes occurring in the real estate industry on a weekly basis. NOTE: Current federal law requires written consent from a company prior to utilizing the published fax number. Share The 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 or 100 Youngs Road, Mercerville, NJ 08619. Periodical postage paid at Trenton, NJ and at additional mailing offices. Affiliated with Tenant Search, E.S.P., Properties by Fax Copyright 2009 by TKO Real Estate Advisory Group Inc. 609-587-6200, fax 609-587-3511.

The Sembler Co. is preleasing Brooks Village, a 99,000 sq.ft. center situated on 22.45 acres at the intersection of County Road 951/Collier Boulevard and Pine Ridge Road in Naples, FL. Spaces of 1,200 sq.ft. to 3,360 sq.ft. are available along with an outlot. Publix anchors the center and cotenants include Walgreens, Bank of America and Fifth Third Bank. Area retail includes Sweetbay Supermarket. Area demographics include a population of 105,571 within a five-mile radius earning an average household income of $75,401. The average daily traffic count is 50,000 vehicles. The center is slated to open during June. The company is also preleasing Town Brookhaven, a 550,000 sq.ft. mixed-use center situated on 54 acres at the intersection of Hermance Drive and Peachtree Road in Atlanta, GA. Spaces of 1,000 sq.ft. and up are available. Area demographics include a population of 500,357 within a seven-mile radius earning an average household income of $95,884. The average daily traffic count is 32,800 vehicles. The asking rent ranges from $40 psf to $55 psf with CAM of $4.30 psf and taxes of $3.76 psf. The center is slated to open during the spring of 2010. For more information regarding Brooks Village, contact Jonathan Graber, The Sembler Co., 5858 Central Avenue, St. Petersburg, FL 33704; 727-384-6000, Fax 727-3470247; Email: jon.graber@sembler.com; Web site: www.sembler.com. For more information regarding Town Brookhaven, contact Lindsay Douglas, The Sembler Co., 1450 South Johnson Ferry Road, Suite 100, Atlanta, GA 30319; 404847-1800, Fax 404-255-4187; Email: lindsay.douglas@sembler.com. Mandel Group, Inc. is preleasing the second phase of The North End, a mixed-use center located along East Pleasant Street in Milwaukee, WI. The center includes multifamily and retail components. The second phase is slated to open during the latter part of this year or the early part of 2010, with additional phases to follow. For more information, contact Mandel Group, Inc., 301 East Erie Street, Milwaukee, WI 53202; 414-347-3600. Marinita Development Co., Inc. is developing a 34,194 sq.ft. center situated on 4.3 acres at the intersection of Lake Street and Mountain Street in Lake Elsinore, CA. The center is anchored by Fresh & Easy Neighborhood Market. For more information, contact Marinita Development Co., Inc., 3835 Birch Street, Newport Beach, CA 92660; 949756-8677, Fax 949-756-8436; Web site: www.marinita.com. www.dealmakers.net

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Epsteen & Associates is preleasing Ventura East Village, a 73,830 sq.ft. center located at the intersection of Wells Road and Darling Road in Ventura, CA. Fresh & Easy Neighborhood Market anchors the center and spaces of 1,000 sq.ft. to 14,000 sq.ft. are available. Area demographics include a population of 113,822 within a five-mile radius earning an average household income of $83,319. The average daily traffic count is 44,000 vehicles. The asking monthly rent ranges from $2.25 psf to $3.25 psf with NNN of $0.50 psf. The center is slated to open during the first quarter of 2010. The company is also preleasing Rose Ranch, an 86,400 sq.ft. center located at the intersection of Rose Avenue and Gonzales Road in Oxnard, CA. Fresh & Easy Neighborhood Market and Walgreens anchor the center. Spaces of 1,000 sq.ft. to 20,000 sq.ft. are available. Area demographics include a population of 262,671 within a five-mile radius earning an average household income of $77,226. The average daily traffic count is 89,600 vehicles. The asking monthly rent ranges from $3 psf to $3.50 psf. The center is slated to open during the second quarter of 2010. For more information, contact Scott Siegel or David Morgan, Epsteen & Associates, 5034 Carpinteria Avenue, Carpinteria, CA 93013; 805-684-7767 Ext. 109/104, Fax 805684-7776; Emails: ssiegel@epsteensb.com and dmorgan@epsteensb.com; Web site: www.epsteen.com. Strategic Retail Advisory is preleasing a 32,500 sq.ft. center located along U.S. Highway 202 in Rindge, NH. Spaces of 1,500 sq.ft. to 13,000 sq.ft. are available. Area retail includes Wal*Mart and Hannaford Supermarket. Area demographics include a population of 108,823 within a 15-mile radius earning an average household income of $56,359. The average daily traffic count is 10,000 vehicles. The center is slated to open later this year. For more information, contact Ray Kenney, Strategic Retail Advisors, 405 Cochituate Road, Suite 301, Framingham, MA 01701; 508-405-1918, Fax 508-405-1931; Email: rkenney@sraretail.com; Web site: www.sraretail.com. Retail Property Specialists, Inc. is preleasing the second phase of Westchase, a 100,000 sq.ft. center located at the intersection of Linebaugh Road and Bentley Way in Tampa, FL. The second phase consists of 15,000 sq.ft. of shop space. For more information, contact Real Property Specialists, Inc.; 407-2919000 or 813-920-9495; Web site: www.realpropertyspecialists.com. DM

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Profile — A monthly column featuring retail real estate companies AEI Capital Corp. — Investing best in class operators yields winning results by Nicholas Hamner In each retail vertical, there is one “best in class” - a “category killer” that consistently has the highest margins, a solid balance sheet, the best inventory control, efficient constant marketing, the best locations and a highly trained customer-orientated staff. AEI Capital Corp., the Minnesota-based investment fund group, has built a consistent dividend-paying investment portfolio on multiple sites of a handful of best-in-class retailers for the past 33 years, with winning results for its investors. AEI currently owns more than 300 net-leased properties nationwide throughout 37 states. George Rerat, vice president of acquisitions, explains the company’s investment strategy as “simple and repetitive.” “AEI looks at the leader of a retail vertical,” he says, “and we buy freestanding, net-leased sites of theirs with good numbers.” A vertical leader is not always the one with the current highest yield on investment, Rerat notes, as was the case in the company’s policy to acquire Best Buy sites and never Circuit City sites. Rerat says, “Historically, it was possible to get a better yield from Circuit City properties, but the operating metrics of Best Buy were always stronger. By focusing on these operating metrics both at time of acquisition and over the lease term we have stayed out of trouble.” In addition to the consumer electronics vertical, the company also acquires casual dining restaurant sites occupied by the likes of Applebee’s, Red Robin, Darden and Brinker; jewelry store sites occupied by Jared - The Galleria of Jewelry; office supply store sites occupied by Staples and sporting goods stores operated by Dick’s Sporting Goods, along with Tractor Supply Co. and DaVita/ Fresenius renal care sites. Regardless of the vertical, Rerat says all properties must have strong corporate tenants bound to a long-term NNN lease with more than 10 years, preferably more than 15 years, remaining on the original term. AEI seeks rental escalators in the primary lease term as it helps build the dividend return to our investors. Regarding property acquisition, he says, “90% of the time, AEI purchases both the land and the building, but there are occasions where we purchase land only subject to a ground lease.” And while the company typically acquires a constructed and occupied property, he notes that there have been instances where AEI will work directly with developers once a lease has been signed, buying the property and then paying for the construction. He notes that the company relies largely on the tenant for actual site selection. He says, “With a company like Tractor Supply Co., their real estate department knows how many people in a specific area own a pickup truck or a tractor and how many

horses are within a particular demographic area. Our tenants are very detailed in their site selection process, and we have been successful with their properties long enough that we trust them that the site is going to be an economic winner for them. We trust their real estate departments when they insure it is a good piece of dirt, and prior experience indicates the sites have a good potential of land appreciation over the primary lease term.” Having identified a freestanding site, occupied by a name-brand tenant under a NNN lease, with good numbers and good demographics, AEI will acquire it unless it is already too heavily invested in the particular market. He says, “We don’t search for geography, we search for winning tenants, but we are very careful to limit our funds’ exposure in any one market.” Once the AEI’s acquisitions department has procured a site, it is turned over to the lease management division that oversees the property for the five to seven years the company typically holds a property.

AEI Capital Corp.’s Executive Management Team (from left): George J. Rerat, Robert P. Johnson, Rona L. Newtson, Richard J. Vitale and Patrick W. Keene

Acquisitions for many companies have slowed to a crawl as the debt market dried up but, as Rerat jokingly notes, AEI’s only problem of late has been keeping up with the phone calls from sellers. The company’s large pool of investors has allowed it to remain an all-cash buyer, which has left it largely isolated from the economic pressures felt by so many other real estate firms. “AEI has always been an all-cash, non-trade buyer,” he says, “which, coupled with our preference for winning, category-killer tenants, has allowed us to return a dividend to our investors consistently since the company’s inception.” Speaking further about current economic conditions, Rerat says, “Buying winning tenants, who net lease their property, holding the property all-cash without debt and collecting the rent makes AEI somewhat of an oddity in this business. Regardless, our formula has been working over

the past four decades and continues to attract likeminded conservative investors, over 18,000 so far. Many other funds and their portfolios are in poor condition as a result of the economic climate we are currently facing. AEI, on the other hand, is actively looking to buy and build our portfolio. We’re doing deals.” Since its first fund offering in 1975, AEI has raised more than $500 million of investment capital. Rerat notes that the majority of funding comes from high net worth individuals and small institutional investors. “We are planning to launch our first allinstitutional fund later this year,” he says, further noting that the company’s fund sales group has continued to attract investors to the company, which he attributes to its ability to continually safeguard principal and return a dividend regardless of outside market conditions. Robert Johnson founded AEI Securities, Inc. as a FINRA broker-dealer in 1970 and, four years later, acquired the company’s first net-leased investment property. The company offered its first private net lease fund in 1975 and, three years later, formed AEI Fund Management, Inc. as an affiliated fund asset management firm. The company launched its first public fund during 1984 and developed its national tenancy-in-common 1031 like-kind exchange program during 1993. Ten years later, the company formed AEI Exchange Services, Inc. to better manage its TIC 1031 program and AEI Capital Corp., which consolidated the management of various corporate general partners. Johnson now serves as the company’s president and remains active within the company, focusing on acquisitions and the overall management of the company. Other key players include Patrick W. Keene, who joined the company in 1986 and serves as chief financial officer; Richard J. Vitale, who joined the company in 1992 and serves as executive vice president of strategic business development and operates the company’s fund sales group; Rona L. Newton, who joined the company in 1993, serves as executive vice president of compliance and operations and as general securities principal, and George Rerat, who joined the company in 2001. By acquiring multiple sites of best-in-class retailers, all cash and without debt, AEI has built a simple but reliable investment platform that benefits investors worldwide. For more information, contact George J. Rerat, AEI Capital Corp., 1300 Wells Fargo Place, 30 East 7th Street, St. Paul, MN 55101-4939; 800-328-3519, Fax 651-227-7705; Email: grerat@aeifunds.com; Web site: www.aeifunds.com.

To feature your company in an upcoming “Profile” in The Dealmakers, contact Ann O’Neal at ann@dealmakers.net. In your email, please give a brief synopsis of what your company does and what makes it stand out from the crowd. page 4

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™

Our Company owns 123 shopping center properties, of which more than 75% are anchored by supermarkets and/or drugstores with long leases. Our stabilized properties are 95% leased and we have no meaningful exposure to fashion, luxury, big box retailers, full-service department stores or other similar concepts in our portfolio.

™

Thank you for visiting us at the ICSC Spring Convention.


Buyers and Sellers NAI Walter Wagner, Jr. Co. is selling a 141,500 sq.ft. center located in Seymour, IN. The center is 50% occupied. Trade-area demographics include a population of 2.3 million within a 60-mile radius. The asking price is $4 million with a 9% Cap rate. The company is also selling a 163,000 sq.ft. center located in Eddyville, KY. The center is 33% occupied. The asking price is $25 psf. For more information, contact Kevin Yazell, NAI Walter Wagner, Jr. Co., 222 South 1st Street, Suite 400, Louisville, KY 40202; 502-562-9200, Fax 502-562-9226; Email: kyazell@walterwagner.com; Web site: www.walterwagner.com.

Hanley Investment Group negotiated the sale of a 15,000 sq.ft. Fresh & Easy Neighborhood Market location situated on 2.1 acres at the intersection of Redlands Boulevard and Mountain View Avenue in Loma Linda, CA. Downtown Gateway acquired the property for $2.865 million with a Cap rate of 6.6% from MV Investors, Inc. The company represented the buyer and the seller in this transaction. For more information, contact Edward Hanley, Hanley Investment Group, 2030 Main Street, Suite 1650, Irvine, CA 92614; 949-585-7677, Fax 949-585-7611; Web site: www.hanleyinvestment.com.

E S E H T E K I L S E TIM ! E N O Z O T U A R O CALL F

Growing Strong...Over 4,300 stores, and we open more every week Stores That Are 100% Company Owned And Operated...No franchisees Financially Disciplined...We make the right decisions to protect our shareholders Reliable...Whether purchase money or rent, our funds will be there...on time, every time Rock Solid...AutoZone continues to grow and prosper during these challenging times

+ Stores typically range from 6,500 square feet to 8,000 square feet + Must accommodate between 25 and 40 uncongested, customer-friendly parking spaces + We require up-front, high-impact locations with excellent visibility & access from adjacent streets + Land purchases, ground leases, existing space, and build-to-suit opportunities considered

AutoZone, a publicly-traded Fortune 500 company, is the #1 auto parts retailer in America. We have over 4,100 stores in 48 states, the District of Columbia and Puerto Rico in the U.S. and over 150 stores in Mexico.

Visit our website at www.autozonerealestate.com for additional information STORE DEVELOPMENT DEPT. | P.O. BOX 2198 | MEMPHIS, TN 38101 | FAX: [901] 495–8969 ©2009 AutoZone, Inc. All Rights Reserved. AutoZone and design are registered marks of AutoZone Parts, Inc.

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Equity is selling a 10,000 sq.ft. Goddard School site located in Allen, TX. The tenant is bound to a NNN lease with 15 years remaining on the original lease term. The NOI is $257,500. The asking price is $3.083 million with a Cap rate of 8.35%. The company is also selling an 8,000 sq.ft. Goddard School site located in Tyrone, GA. The tenant is bound to a NNN lease with 14 years remaining on the original lease term. The NOI is $179,833. The asking price is $2.153 million with a Cap rate of 8.35%. The company is also selling an 8,125 sq.ft. Goddard School site located in Hudson, OH. The tenant is bound to a NNN lease with 13 years remaining on the original lease term. The NOI is $148,281. The asking price is $1.775 million with a Cap rate of 8.35%. The company is also selling a 10,000 sq.ft. Kiddie Academy site located in Mason, OH. The tenant is bound to a NNN lease with 15 years remaining on the original lease term. The NOI is $248,800. The asking price is $2.979 million with a Cap rate of 8.35%. The company is also selling a 10,000 sq.ft. Kiddie Academy site located in Delran, NJ. The tenant is bound to a NNN lease with 15 years remaining on the original lease term. The NOI is $249,100. The asking price is $2.983 million with a Cap rate of 8.35%. The company is also selling a 10,000 sq.ft. La Petite Academy site located in Powell, OH. The tenant is bound to a NNN lease with 14 years remaining on the original lease term. The NOI is $236,488. The asking price is $2.832 million with a Cap rate of 8.35%. For more information, contact Patrick Wathen, Equity, 445 Hutchison Avenue, Suite 800, Columbus, OH 43235; 614-310-2173, Fax 614-802-2901; Email: pwathen@equity.net; Web site: www.equity.net. Inland Real Estate Brokerage, Inc. negotiated the sale of Howard and Western Plaza and Wisner Milwaukee Plaza in Chicago, IL. Howard and Western Plaza is an 11,974 sq.ft. center located at the intersection of Western Avenue and Howard Street in the West Rogers Park neighborhood. Tenants include Starbucks, Family Dollar and Subway. Wisner Milwaukee Plaza is a 14,677 sq.ft. center located along North Milwaukee Avenue in the Logan Square neighborhood. Tenants include Harris Bank, T-Mobile, Giordano’s and Subway. A private investment group acquired the properties from a private seller for $5.8 million. For more information, contact Inland Real Estate Brokerage, Inc., 2901 Butterfield Road, Oak Brook, IL 60523; Web site: www.inlandbrokerage.com. (continued on page eight)



Buyers and Sellers (continued from page six)

Brauvin Real Estate, on behalf of a client, is looking to acquire single-tenant properties nationwide. Suitable properties feature tenants bound to NNN leases with more than 10 years remaining on the original lease term and featuring scheduled rent increases and tenants with B or above credit and are priced between $1 million and $5 million. Preferred tenants include Advance Auto, AutoZone, O’Reilly Auto Parts, Firestone, AT&T Mobility, Verizon Wireless, T-Mobile, Best Buy, CVS, Walgreens, Dollar General, Dollar Tree, Family Dollar, Office Depot, OfficeMax, Staples, FedEx Office, Dick’s Sporting Goods, The Sports Authority, Big 5 Sporting Goods, Academy Sports, Safeway, Save-A-Lot, SuperValu and Kroger, in addition to any convenience store chain with more than 100 operating units. For more information, contact Mark C. Lewensohn, Eric Saltzman or Adam C. Wells, Brauvin Real Estate, 205 North Michigan Avenue, Suite 1900, Chicago, IL 60601; 312-759-7662/7668/7667; Emails: mlewensohn@brauvin.com, esaltzman@brauvin.com and awells@brauvin.com.

Plaza Advisors negotiated the sale of Village Shopping Center, a 135,453 sq.ft. center located at the intersection of Blanding Boulevard and College Drive in Jacksonville, FL. The center was 98% occupied at the time of sale with tenants including Publix, Beall’s Outlet, Dollar Tree, Subway, Papa John’s, GNC, The UPS Store, Allstate, Fantastic Sams and Sally Beauty Supply. Noble Management Co. acquired the property from BG Village, LLC. The company represented the buyer and the seller in this transaction. For more information, contact Jim Michalak, Plaza Advisors, 3412 Bay to Bay Boulevard, Tampa, FL 33629; 813837-1300, Fax 813-831-2627; Email: jim.michalak@plazadvisors.com; Web site: www.plazadvisors.com. Or Anthony Blanco, 5201 Blue Lagoon Drive, Suite 846, Miami, FL 33126; 305-629-3606, Fax 305-647-6441; Email: anthony.blanco@plazadvisors.com. Anchor Commercial|CORFAC International is selling a Walgreens situated on two acres along Grove Street in Fayetteville, NC. The tenant is bound to a 75-year lease commenced last month featuring a 25-year kickout. The NOI is $450,000. The asking price is $6.207

million with a Cap rate of 7.25%. The company is also selling a Walgreens situated on two acres along Savannah Highway in Charleston, SC. The tenant is bound to a 75-year lease set to commence this month featuring a 25-year kickout. The NOI is $422,000. The asking price is $5.821 million with a Cap rate of 7.25%. For more information, contact Taylor Senter, Anchor Commercial|CORFAC International, 126 Seven Farms Drive, Suite 110, Charleston, SC 29492; 843-576-0568; Email: taylor@anchorcommercial.net; Web site: www.anchorcommercial.net. Best Brokers is selling a development parcel, buildable up to 8,000 sq.ft. and approved for drive-thru, along Vauxhall Street and Interstate 95 in New London, CT. The average daily traffic count is 90,000 vehicles. The asking price is $295,000. For more information, contact Michael Del Grosso, Best Brokers; 860-443-2003; Email: mdelgrosso1@gmail.com. Pyramid Real Estate Group is selling a 12,205 sq.ft. development parcel with drive-thru approval located in Stamford, CT. The average daily traffic count is 30,000 vehicles. For more information, contact Andrew J. Paul, Pyramid Real Estate Group, 20 Summer Street, Stamford, CT 06901; 203-3488566 Ext. 140, Fax 203-358-9763; Email: andrew@pyramidregroup.com; Web site: www.pyramidregroup.com. The Beck Co., on behalf of a client, is looking to acquire freestanding McDonald’s sites located throughout the western U.S. Suitable properties feature tenants bound to leases with 15 years or more remaining on the original lease term and are priced between $2 million and $3 million. The company is also selling a four-tenant center located along Foothill Boulevard in La Canada Flintridge, CA. The asking price is $2.836 million with a Cap rate of 5.5%. For more information, contact Dan Beck, The Beck Co.; Email: danniman@aol.com. Commercial Retail Advisors, LLC is selling a 4,736 sq.ft. center located along Oracle Road in Oro Valley, AZ. Area retail includes Discount Tire. The center is 100% occupied. The asking price is $1.75 million. For more information, contact Linda Montani, Brenndon Scott or Craig Finfrock, Commercial Retail Advisors, LLC, 2990 North Campbell Avenue, Suite 230, Tucson, AZ 85719; 520-290-3200, Fax 520-7517465; Email: lmontani@cradvisorsllc.com; D M Web site: www.cradvisorsllc.com.

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Who’s Opening and Where Eddie Bauer Holdings, Inc. (425-755-6544) announced that it will open fewer stores this year than it opened in years previous, having opened eight name-brand stores and six outlet stores during 2008 and 21 name-brand stores and eight outlet stores during 2007. The company currently operates 255 Eddie Bauer stores and 121 Eddie Bauer Outlet stores nationwide and throughout Canada. Jo-Ann Stores, Inc. (330-656-2600) expects to open a Jo-Ann Fabrics location in a former Circuit City site at Southern Tier Crossing in Horseheads, NY. The opening will replace the craft store’s current location at Arnot Mall. Texas Roadhouse, rue21 and Buffalo Wild Wings are also slated to open stores at the center. The tenants join Wal*Mart and Ulta. CEC Entertainment, Inc. (972-258-8507) is slated to open four company-owned Chuck E. Cheese’s and two franchise locations this year. The company will also relocate a franchise location in Jackson, MS to a former On The Border site along Ridgewood Court Road this month. The pizzerias feature video arcades and child-oriented entertainment components.

Tesco plc (310-384-3833) is slated to open a 15,500 sq.ft. Fresh & Easy Neighborhood Market location at Rose Pavilion, in Pleasanton, CA along with a 14,000 sq.ft. store in Stockton. The stores are slated to open later this year, along with 18 previously announced northern CA locations, including two sites each in Antioch, Hayward, San Jose and San Francisco and one site each in Concord, Danville, Fairfield, Mountain View, Napa, Oakland, Oakley, Sunnyvale, Vallejo and Walnut Creek. The Hayward locations are slated to open during October, the Walnut Creek and Danville locations are under preparation and the company has yet to settle on an Oakland site, after scuttling its plan to locate a store at the intersection of 73rd Avenue and Bancroft Avenue. InkStop, Inc. (216-839-4600) expects to halve its planned InkStop store openings from 50 this year but plans to eventually operate between 2,500 and 3,000 stores nationwide. The stores, selling printer cartridges, digital cameras and computer accessories, typically occupy spaces of 1,900 sq.ft. The company currently operates stores in 23 cities of 14 states and closed six locations earlier this year.

Coach, Inc. (212-594-1850) is slated to open a Coach store at Cool Springs Galleria, located in Franklin, TN, during 2010. The company currently operates 324 stores, selling accessories and gifts for women and men, including handbags, women’s and men’s small leathergoods, business cases, weekend and travel accessories, footwear, watches, outerwear, scarves, sunwear, jewelry, fragrance and related accessories, throughout North America along with 109 factory stores. During the third quarter of this fiscal year, the company opened two retail and three factory stores while closing two retail stores. Also slated to open at the center are Pacific Sunwear, who will open an apparel shop during the fall, and Soma, who is slated to open an intimate and nighttime apparel shop during 2010. McDonald’s, Inc. (630-623-3000) plans to open 1,000 McDonald’s units globally, including 165 restaurants nationwide, 245 throughout Europe and 475 throughout the Asia/Pacific/ Middle East/Africa region. The company will also refurbish existing stores, including adding McCaffe sites, gourmet coffee shops existing within McDonald’s locations. (continued on page sixteen)

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At DJM Realty, we help our clients reduce their retail real estate exposure by disposing of under-performing lease and fee-owned real estate and renegotiating occupancy costs. We also put our own capital to work by making strategic retail real estate acquisitions. But we don’t stop there. As seasoned retail real estate executives, we understand the challenges that both retailers and landlords face in today’s market. We use that knowledge to create customized real estate solutions that work for everyone. To date, we’ve disposed of 500 million square feet of retail space, mitigated $4 billion in lease liabilities, and obtained rent concessions on over 6,000 retail locations.

Unlocking the value of your real estate.

Andy Graiser agraiser@djmrealty.com 631.927.0029

Emilio Amendola eamendola@djmrealty.com 631.927.0023

Peter Lynch plynch@djmrealty.com 213.533.1042

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Michael Jerbich mjerbich@djmrealty.com 312.928.1900


visit us at the boston, ma icsc july 8–9, 2009 representing over 3 million square feet of properties leasing * tenant rep * investment sales east haven shopping center east haven, connecticut

75 north frontage road • 187,000 Sq. Ft. Shopping Center • Units 2,000 to 15,000 Sq. Ft. • Direct access from Exit 51 off I-95 and Boston Post Road (Route 1) • Join Home Depot, Auto Zone, Wendy’s and many more • Available Now!

copaco shopping center bloomfield, connecticut

450,000 square feet center is expanding cottage grove road (route 218) • Join Lowe’s, Stop & Shop, Burlington Coat, IHOP, Dollar Tree, McDonald’s, CVS Pharmacy, Eblens and many more • 15,000 Square Foot Expansion of Power Center • 1 Outparcel Remaining for Lease and 3,000 to 6,000 Sq. Ft. available for lease

land — route 3 rocky hill, connecticut

1.3 acres for lease or build to suit • Great location for financial institution, restaurant, fast food, retailer, hotel • Signalized intersection • 23,000 vehicles per day • Zoned commercial; gas, water, sewer available • Great visibility; strong demos; surrounded by office/distributors; access to Exit 23, I-91

phone: (860) 529-9000

fax: (860) 563-9667 www.newenglandretail.com


visit us at the boston, ma icsc july 8–9, 2009 representing over 3 million square feet of properties leasing * tenant rep * investment sales stop & shop plaza springfield, massachusetts

corner of allen & cooley streets • Join Stop & Shop Supermarket • 10,500 Square Feet available — can be divided • Neighbors include Big Y, Burlington Coat, Texas Roadhouse, Rite Aid, Burger King, and many more. • High traffic location serving Greater Springfield

tolland turnpike manchester, connecticut

ground lease or build to suit 1046 tolland turnpike • Approved pad site for 4,000 sq ft building with drive through • Ideal for a bank, restaurant, or retail • Join BJ’s Wholesale Club, Randy’s Wooster Street Pizza, Manchester Wine & Liquors • Highly visible location

gateway shopping plaza manchester, connecticut

deming street (buckland hills area) exit 63 off interstate 84 • 2,000 - 7,000 Square Feet Available in a 51,472 Square Foot Retail Strip Center • Join Applebees, Panera Bread, Walgreens, FedEx Kinkos, Aspen Dental and more • Prime location in major retail corridor — neighbors include Buckland Hills Mall, DSW, AC Moore, Raymour & Flanigan & more

phone: (860) 529-9000

fax: (860) 563-9667 www.newenglandretail.com


Food Retailers Expand Nationwide Warner Food Management trades as Jack in the Box at 64 locations throughout AZ and CA. The restaurants occupy spaces of 20,000 sq.ft. to 25,000 sq.ft. in freestanding locations, malls and strip centers. Plans call for four openings throughout CA during the coming 18 months. Typical leases run 20 years. Major competitors include McDonald’s, Burger King and Carl’s Jr. For more information, contact Sudesh Sood, Warner Food Management, 4917 Genesta Avenue, Encino, CA 91316; 818285-2160, Fax 818-285-2179. James Original Coney Island operates 20 locations throughout TX. The restaurants, offering hot dogs, hamburgers, chili and desserts, occupy spaces of 3,400 sq.ft. in freestanding locations. Plans call for five openings throughout Houston, TX during the coming 18 months, with representation by United Equities. Typical leases run 10 to 20 years. For more information, contact Buster Freedman, United Equities, 4545 Bissonnet Street, Suite 100, Bellaire, TX 77401; 713-772-6262, Fax 713-981-4035; Email: bfreedman@unitedequities.com; Web site: www.unitedequities.com.

Little Caesar’s Pizza operates 2,000 locations nationwide and internationally. The fast-delivery pizza restaurants occupy spaces of 1,100 sq.ft. to 1,200 sq.ft. in inline spaces. Plans call for four to five openings throughout MA during the coming 18 months, with representation by Denenberg Realty Advisors. For more information, contact Neil Denenberg, Denenberg Realty Advisors, 230 Commercial Street, Boston, MA 02109; 617-720-5656, Fax 617-720-5676; Email: neil@denenbergrealty.com; Web sites: www.littlecaesars.com and www.denenbergra.com. Qdoba Mexican Grill operates 480 locations nationwide. The fast-casual Mexican restaurants occupy spaces of 2,000 sq.ft. to 3,000 sq.ft. in endcap spaces and freestanding locations. Growth opportunities are sought throughout DE, central and southern NJ and eastern PA during the coming 18 months, with representation by Michael Salove Co. For more information, contact Douglas Green, Michael Salove Co., 1700 Market Street, 17th Floor, Philadelphia, PA 19103; 215-568-2600, Fax 215-568-2666; Email: dgreen@salove.com; Web site: www.salove.com.

Genghis Grill Franchise Concepts, Inc. trades as Genghis Grill – The Mongolian Stir Fry at 31 locations throughout AZ, CO, IA, IL, MN, NV, TN and TX. The restaurants occupy spaces of 3,000 sq.ft. to 3,500 sq.ft. in endcap spaces of shared pad sites and storefronts. Plans call for 24 openings throughout AR, GA, NC, NM, OK, SC, TN, TX and VA during the coming 18 months. Typical leases run five years with one, five-year option. A vanilla shell and specific improvements are required. Preferred cotenants include Target. Preferred trade-area demographics include a population earning $50,000 as the average household income. Major competitors include BD’s Mongolian Grill. The company is franchising. The company prefers to locate in areas with average daily traffic counts of 75,000 vehicles. For more information, contact Ron Parikh, Genghis Grill Franchise Concepts, Inc., The Centre, Building 7, 4099 McEwan Road, Suite 300, 75244; 214-774-4240, Fax 214-7744243; Email: realestate@genghisgrill.com; Web site: www.genghisgrill.com. Or Perry Jones, J&B Commercial, LLC; Email: perry@jbcommercial.net. Sakura Garden operates 15 locations throughout CT and Westchester County in NY. The restaurants occupy spaces of 4,000 sq.ft. to 10,000 sq.ft. in power and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months, with representation by Oxford Real Estate Services Group. Typical leases run 10 years. A vanilla shell and specific improvements are required. Preferred cotenants include supermarkets. Preferred demographics include a population of 30,000 within three miles earning $40,000 as the average household income. For more information, contact Michael Berke, Oxford Real Estate Services Group, 388 East Main Street, Branford, CT 06045; 203-483-2900, Fax 203-483-2999. SoGreen Yogurt operates four locations throughout CA and NJ. The frozen yogurt shops occupy spaces of 500 sq.ft. to 1,000 sq.ft. in freestanding locations, regional malls and urban/downtown areas. Plans call for 18 openings throughout the northeastern U.S. during the coming 18 months, with representation by Aries Deitch & Endelson. Typical leases run five years. Major competitors include Pinkberry and Red Mango. The company is franchising. For more information, contact Bill Grad, Aries Deitch & Endelson, 110 South Central Avenue, Hartsdale, NY 10530; 914-9492800 Ext. 104, Fax 914-949-2424; Email: billgrad@ade-re.com. (continued on page twenty-eight)

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Who’s Opening and Where (continued from page ten)

Kirkland’s, Inc. (731-668-2444) plans to open 15 to 20 Kirkland’s locations this year, with the majority of stores opening during the third and fourth quarters. The company also plans to close between 35 and 40 locations this year, half during the first half of the fiscal year and the remainder after the holiday season during the fourth quarter. The company will also continue to replace profitable mall locations with off-mall locations, and most openings will be in the company’s off-mall concept. The company currently operates 299 locations nationwide throughout 34 states, and the stores offer home décor, including framed art, mirrors, wall décor, candles, lamps, decorative accessories, accent furniture, textiles, garden accessories and artificial floral products. The Cheesecake Factory, Inc. (818-8713000) is planning to open as many as 12 The Cheesecake Factory locations by 2011. The company is also developing an 8,000 sq.ft. concept restaurant, and recently opened a location in Annapolis, MD with the new footprint. The company operates restaurants, trading as The Cheesecake Factory and Grand Lux Café, nationwide.

Sprouts Farmers Market, LLC (480-814-8016) plans to open five Sprouts Farmers Market locations throughout the greater Austin, TX area as part of a plan to open 11 stores this year and 15 during 2010. The company plans to open stores in Round Rock, Rollingwood and Sunset Valley, TX during the fall and a 25,673 sq.ft. store in a former Shoe Pavilion site at Great Hills Station, located at the intersection of Great Hills Trail and Research Boulevard in Austin, during the first quarter of 2010. The company is currently negotiating a lease for the fifth location in northwest Austin, TX. The company currently operates 31 stores throughout AZ, CA, CO and TX. Harris Teeter, Inc. (704-845-3100) will open Harris Teeter supermarkets in Holly Springs, Kitty Hawk and Winston-Salem, NC; Charleston, SC; Nashville, TN and Croze, Suffolk, Warrenton, Manassas and Virginia Beach, VA this year, but has delayed the opening of a Franklin, TN location from later this year until 2010. The company currently operates 176 supermarkets throughout DE, FL, GA, MD, NC, SC, TN, VA and Washington, DC, and recently opened stores in Durham and Morehead City, NC; Lancaster, SC and Tysons Corner, VA.

Clemson Corner frederick, maryland

Faison | 7920 Norfolk Ave. | Suite 800 | Bethesda, MD 20814 page 16

June 5, 2009

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Lowe’s Cos., Inc. (704-758-1000) reduced its store opening plan from an original estimate of 75 to 80 Lowe’s Home Improvement locations to between 60 and 70. The company has also cancelled 37 projects that were in the various approvals stages, including sites in Sacramento, CA; Caton, CT; Everett, MA and Farmington, ME. The majority of new store openings will be the company’s 103,000 sq.ft. footprint, typically used for constrained metropolitan areas but a floor plan the company is now using in all but the highest-traffic locations. The company is also testing two smaller-footprint locations, an 80,000 sq.ft. location and a 66,000 sq.ft. location, each with drivethru lumber yards and outdoor garden centers, and is also preparing to enter the Monterrey, Mexico market with two locations scheduled to open before 2010. The company is also looking to expand its Canadian presence into western Canada and may also occupy six former Sam’s Clubs sites in the Ontario province as it looks to expand its presence in the country to 100 stores during the next five to seven years. (continued on page eighteen)

now leasing

Contact: Erik Ylitalo (240) 497-0524


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• Airmont/Suffern, NY – Route 59

Shopping Center redevelopment. 20,000-60,000 SF Avail. Plus 3 Acre parcel Avail for Ground Lease.

• Airmont / Suffern, NY – Route 59 – Colonial Square

35,000 SF Center. 1,500 – 5,600 SF Avail. Join Trustco, Planet Fitness.

• Brooklyn, NY – Nostrand Ave. – between Ave. Y & Z 1,500 – 4,000 SF Avail. High traffic. Across from Pathmark.

• Fishkill, NY – Route 9 – The Shopps at Nine

Pad site opportunity at prime corner of Rte. 9 & Rte. 52.

• Harriman, NY – Rte. 17/6 – Woodbury Centre

Join Kohl’s, Modell’s, Michael’s, Staples & Eileen Fisher. 2,000 – 31,000 SF Avail.

• Hopewell Junction, NY – Route 82/376 – Hopewell Plaza Join CVS & GNC. 3,800 SF & Pad site Avail. Recently renovated.

• Kingston, NY – Washington Ave. at N. Front St. 2,542 SF on 0.53 Acres. Pad Site sublease from Friendly’s.

• Middletown, NY – Dolson Avenue (Route 17M) – Campbell Plaza Join ShopRite, Fashion Bug & Radio Shack. 1,185 – 12,600 SF End Cap Avail.

• Newburgh, NY – Route 300 – Newburgh Towne Center

Join Super Stop & Shop, Marshall’s & Dress Barn. 1,400 SF & 1,700 SF Avail.

• Newburgh, NY - N. Plank Rd. (Rte. 32)-Shop Rite Plaza Join Shop Rite & Bank of America. 1,600 - 8,100 SF Avail.

Retail Specialists throughout New York, New Jersey & Connecticut • Nyack, NY – Route 59

1,600 SF drive-thru & 6,000 SF Build to Suit or Ground Lease Avail.

• Nyack, NY – Main Street

Sublease from Chase Bank – 3,300 SF Avail.

• Pawling, NY – Rte. 22 – Pawling Park

New Shopping Center. 1,750 – 13,000 Avail. Drive-thru possible.

• Peekskill, NY - Route 6 - Main Street Commons New Construction. Join Auto Zone. 1,000 – 15,000 SF Avail.

• Perth Amboy, NJ – Convery Blvd. – Perth Amboy Shopping Center Join Dunkin’ Donuts & Kennedy Fried Chicken. 5,540 SF Avail.

• Poughkeepsie, NY – Route 9 – Ashton Park

New Development on Rte. 9. Great Visibility. 2,400 SF – 18,000 SF & Pad Sites.

• Saugerties, NY – Route 212/32 – Saugerties Plaza

Join CVS, Blockbuster & Subway. 2,200 – 32,400 SF & Pad Site Avail.

• Wappingers Falls, NY – Route 9 – Lafayette Plaza

1,900 – 25,000 SF Avail. 45,000 cars per day. Near Kohl’s & Hannafords.

• Yonkers, NY – Central Ave. – Centfort Plaza

Join GameStop, Vitamin Shoppe & Dunkin’Donuts. 1,700 – 5,000 SF Avail.

• Yonkers, NY – Main Street – New Construction at Waterfront 2,000 – 4,000 SF Avail. Join Key Bank & Verizon FIOS across from Train Station.

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Representing retailers in select regions...

• Branford, CT – W. Main St. – Branhaven Plaza

Join A & P, Kohl’s, GAP, Justice, Payless Shoes, Children’s Place & GameStop. 1,800 – 2,666 SF Avail.

• Derby, CT – Pershing Drive, ShopRite Plaza

Join ShopRite, Angel Tips, Petland & Pay-Half. 2,500 – 12,000 SF Avail.

• Newington, CT - Berlin Tpke. – JoAnn’s Plaza

Join JoAnn’s, Big Lots, Modell’s, TGI Fridays. 1,200-7,500 SF Avail.

• North Haven, CT – Universal Dr. – Home Depot Plaza

Join Home Depot, TJ Maxx, BJ’s, Dunkin’ Donuts, McDonald’s & Verizon Wireless. Up to 8,646 SF Pad Site & 2,500 – 5,000 SF in-line Avail.

• Norwalk, CT – Route 1 – ShopRite Plaza

Join ShopRite, Barnes & Noble, GNC & UPS. 980 – 20,000 SF Avail.

• Orange, CT – Firelite Shopping Center

Undergoing complete renovation. 1,500 SF pad site. 800 – 4,000 SF in-line.

• Stamford, CT – Elm Street

Join Wachovia Bank. Across from Shop Rite. 2,700 SF & 6,750 SF Avail.

• Stamford, CT – Rte. 1 – ShopRite Plaza

Join ShopRite, Dunkin’ Donuts, Blockbuster, Palm Beach Tans, Angel Tips & Subway. 2,000 SF can me made available.

850 Bronx River Road • Bronxville, NY 10708 • (t) 914-237-3403 • (f) 914-237-0196

www.RoyalPropertiesInc.com


Who’s Opening and Where (continued from page sixteen)

Urban Outfitters, Inc. (215-454-5500) will open between 42 and 45 locations this year, down from a planned 50. The company currently operates 142 Urban Outfitters stores, 121 Anthropologie stores and 30 Free People stores. Destination Maternity Corp. (215-873-2200) plans to open between 13 and 17 locations this year, including four to seven multi-brand concept locations. The company also plans to close between 40 and 50 stores, with as many as 12 closings coming in conjunction with a multi-brand concept opening. The company currently operates 734 locations nationwide and throughout Canada and trades as Motherhood Maternity, A Pea in the Pod and Destination Maternity, in addition to licensed departments within Babies “R” Us locations. First Cash Financial Services, Inc. (817-5053199) will open First Cash locations this year, including limited expansion throughout the U.S. but between 55 and 60 openings in Mexico. The company opened 18 stores, offering pawn and payday lending services, during the first quarter, including 15 in Mexico.

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Whole Foods Market, Inc. (512-477-4455) has again delayed its plan to open a Whole Foods Market at Coddington Mall, located in Santa Rosa, CA. The natural food supermarket was originally slated to open during the fall of 2008 but the company delayed the opening until this year citing economic concerns. During December of last year, the company halted interior work on the site and delayed the opening until the early part of 2010. The company now expects to open the store during the fall of 2010. Publix Super Markets, Inc. (863-688-1188) is slated to open 32 Publix supermarkets throughout the remainder of the year. The company recently opened its 1,000th location at Shoppes at Murabella, a 77,580 sq.ft. center located in Murabella, FL. The company currently operates 680 locations throughout the state and also operates locations throughout AL, GA, SC and TN. Chick-fil-A, Inc. (404-765-8038) plans to open a Chick-fil-A restaurant near Exit 7 of Interstate 81 in Bristol, VA during the early part of next year. The restaurant, serving chicken sandwiches and other chicken entrees, will occupy a 4,500 sq.ft. building

Dealmakers

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situated on a three-acre parcel. The company currently operates 1,400 units nationwide throughout 38 states. CiCi’s Enterprises, LP (972-745-4200) plans to open 100 CiCi’s Pizza locations throughout southern CA and central NJ this year, with the first wave of openings slated for this summer. The pizza buffet restaurants occupy spaces of 4,200 sq.ft. and seat 180 customers, but the company is developing a take-away concept, CiCi’s To Go, that occupies spaces of 800 sq.ft. to 1,000 sq.ft. and provides no seating. Lime Fresh Mexican Grill, Inc. (305-6639163) plans to open 10 Lime Fresh Mexican Grill locations annually beginning this year. The company opened a restaurant at The Shops at Midtown Miami, located along North Miami Avenue in Miami, FL, during April and plans to open a location near the University of Miami campus during the summer. The company currently operates the fast-casual restaurants, serving freshlyprepared Mexican dishes and featuring a salsa and hot sauce bar, in South Beach, North Miami Beach, Pembroke Pines and D M Coconut Creek, FL.



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

Builders Discount Centers, Inc. trades as Builders Discount Center at 11 locations throughout NC and VA. The stores, offering building materials, occupy spaces of 60,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing market and SC during the coming 18 months. The company prefers to acquire sites. For more information, contact Glenn Perry, Builders Discount Centers, Inc., 1261 South Wesleyan Boulevard, Rocky Mount, NC 27803-4504; 252-442-2674, Fax 252-4428059; Email: bdcgp@suddenlinkmail.com; Web site: www.buildersdiscount.net.

The Sherwin Williams Co. (Midwest Division) trades as Sherwin Williams at 3,325 locations nationwide and throughout Canada. The stores, specializing in paint and paint-related products, occupy spaces of 4,500 sq.ft. in freestanding locations. Plans call for 15 to 20 openings throughout the Chicago, IL; Minneapolis, MN and Seattle and Tacoma, WA metropolitan areas during the coming 18 months. Typical leases run five to 10 years with options. For more information, contact Jeff Light, The Sherwin Williams Co. (Midwest Division), 11410 Alameda Drive, Strongsville, OH 44149; Email: jhlight@sherwin.com.

Retail Leakage General Merchandise .........$168 million Grocery Stores ...................$147 million Total Retail Leakage ...........$1.12 billion

Greater Killeen Consumer Market - 2007 Trade Area Population ..............226,930

Ç 14th fastest growing MSA in nation Ç MSA ranked 5th strongest economy in Texas Ç 97,000 vehicles per day on Hwy 190

Average Household Income .....................................$54,164 Average Age ...................................28.7 Number of Households .................................77,174

» There are real opportunities for growth in Killeen, Texas »

www.gkcc.com / PO Box 548 / Killeen, TX 76540 / 866.790.4769 / info@gkcc.com

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House of Paints, Inc. trades as House of Paints at eight locations throughout NJ. The stores occupy spaces of 2,500 sq.ft. to 4,000 sq.ft. in freestanding locations and strip centers. Plans call for two openings throughout Camden, Ocean and Monmouth counties in NJ during the coming 18 months. For more information, contact Russell Gilbert, House of Paints, Inc., 510 Route 9, Bayville, NJ 08721; 732-237-8715, Fax 732237-8716; Email: rgilbert@houseofpaints.net; Web site: www.houseofpaints.com. Lowe’s Cos., Inc. trades as Lowe’s Home Improvement at 1,600 locations nationwide. The stores occupy spaces of 125,000 sq.ft. to 160,000 sq.ft. in freestanding locations and power and strip centers. Growth opportunities are sought throughout AR, IL, IN, IA, KS, KY, LA, MI, MN, MO, NE, NM, ND, OH, OK, SD, TN, TX and WI during the coming 18 months. A land area of 15 acres is required for freestanding locations. For more information, contact Mike Miller, Lowe’s Cos., Inc., 1952 McDowell Road, Suite 101, Naperville, IL 60563; 630548-7508, Fax 630-527-8830; Web site: www.lowes.com. Kitchen Kapers, Inc. trades as Kitchen Kapers at 13 locations throughout DE, NJ and PA. The stores occupy spaces of 2,500 sq.ft. to 4,000 sq.ft. in freestanding locations, malls, urban/downtown areas and lifestyle, power and specialty centers. Growth opportunities are sought throughout NJ and PA during the coming 18 months. Typical leases run 10 years. Preferred cotenants include Talbots, Banana Republic, Ann Taylor and Coldwater Creek. For more information, contact Rick Kratchman, Kitchen Kapers, Inc., 1250 Marlkress Road, Cherry Hill, NJ 08003; 856424-3400; Email: rick@kitchenkapers.com; Web site: www.kitchenkapers.com. Mancini Sleepworld operates 27 locations throughout CA. The stores occupy spaces of 7,000 sq.ft. to 14,000 sq.ft. in strip centers and freestanding locations. Plans call for five to seven openings throughout the San Francisco Bay Area of CA during the coming 18 months. For more information, contact Randy Mancini, Mancini Sleepworld, Inc., 599 Hawthorne Place, Livermore, CA 94550; 925-456-6400 Ext. 105, Fax 925-456-6440; Email: rmancini@sleepworld.com; Web site: D M www.sleepworld.com.

Submit your projects for free at www.dealmakers.net/FreePublicity.aspx



Real Estate Professionals Making the News Ackman-Ziff Real Estate Group (212-6973333) hired Ed Chazen as a managing director. He will be responsible for raising equity for real estate owners and developers and will also assist clients in the deleveraging of assets by providing projects with fresh equity capital. He will also serve on the company’s Executive Committee, where he will help manage the company and create new business initiatives. Prior to joining the company, Chazen served at Urdang Capital Management. The company is an exclusive advisor to owners and investors of real estate and notes securing real estate.

KeyPoint Partners (781-273-5555) hired Rick Boiardi and John Kane as vice presidents of property and asset management at the company’s Burlington, MA and Brookline, MA offices, respectively. The company also hired Monika Cone as property manager at its Middleborough, MA office. Prior to joining the company, Boiardi served at CrossPoint Associates and Kane and Cone served at Jones Lang LaSalle. The company is a commercial real estate service firm that provides property and asset management services for retail, office and industrial properties, including retail brokerage, property and asset management, construction, research and consulting. DM

The best of both worlds! Urstadt Biddle Properties Inc. is the dominant grocery-anchored shopping center owner in the Westchester/Fairfield County markets. We currently have big box availabilities in:

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CONNECTICUT June 5, 2009

The

THE DOCK SHOPPING CENTER Stratford

Dealmakers

Z Gallerie, Inc. (310-630-1200) filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Central District of CA during April. The company will shutter 22 of its Z Gallerie home furnishings stores in addition to a distribution center. After the closings, the company will operate 56 stores and one outlet store nationwide throughout 18 states. Jones Apparel Group, Inc. (212-642-3860) will shutter 225 stores this year and throughout 2010 in an attempt to cut costs. The company trades as Nine West, Jones New York, Easy Spirit, Bandolino and Anne Klein at 370 retail stores and 614 outlet stores nationwide. Advance Auto Parts, Inc. (540-362-4911) closed four locations in ND last month. The company closed locations along 13th Avenue South in Fargo; locations along Gateway Drive and South Washington Street in Grand Forks and a location along 13th Avenue East in West Fargo. The company, who operates 3,300 auto parts stores nationwide throughout 40 states, closed the stores due to underperformance. Walgreen Co. (847-914-2500) won approval during April to purchase 34 former Drug Fair sites, put up for sale as the latter company filed for Chapter 11 bankruptcy protection during March. The company originally planned to purchase 30 sites, but was able to acquire four additional locations in Clifton, Morris Plains, Point Pleasant and Summit, NJ that were originally slated to be closed or sold to other parties. Redner’s Markets, Inc. (610-926-3700) closed a Redner’s Warehouse Market location last month in Middletown, NY, citing poor sales. The company currently operates 39 Warehouse Markets locations and 13 Quick Shoppes locations throughout DE, MD, NY and eastern PA.

UBP owns 43 properties containing over 3.8 million square feet. For leasing information, contact Linda Lacey x202. For acquisition information, contact Jim Aries x224.

321 Railroad Avenue • Greenwich, CT 06830 203-863-8200 • Fax: 203-861-6755 • www.ubproperties.com

Bankruptcies and Closings

NEW YORK www.dealmakers.net

THE SHOPPES @ EASTCHESTER Scarsdale

Pier 1 Imports, Inc. (817-252-8000) will terminate the leases on 20 Pier 1 Imports locations and close another two this year, as part of a plan to close 80 locations during the current fiscal year. The company currently operates 1,092 locations throughout North America. Bashas’, Inc. (480-895-9350) plans to close nine underperforming stores later this year. The independent grocer currently operates 148 stores, including 14 AJ’s Fine Foods, 60 Food City Latin and 74 Bashas’ locations. The company recently closed Bashas’ locations in Phoenix, Food City locations in Phoenix and Yuma and an Ike’s Farmers Market location in Tucson, AZ. DM



Exclusives and Leasing Assignments Welco Realty, Inc. (914-576-7500) represents the following companies with their expansion plans: Mandee, throughout NY, seeking sites of 5,000 sq.ft. in community and power centers; Marshalls, throughout NJ, seeking spaces of 30,000 sq.ft. to 50,000 sq.ft. in community and regional centers; Olive Garden, throughout northern NJ, seeking spaces of 6,400 sq.ft. to 7,500 sq.ft. in regional centers, and Party City, throughout NJ and NY, seeking sites of 9,000 sq.ft. to 10,000 sq.ft. in shopping centers; Pier 1 Imports, throughout NJ and NY, seeking spaces of 9,000 sq.ft. to 10,000 sq.ft. in freestanding locations and lifestyle, specialty and upscale centers; Quick Chek, throughout Westchester, NY, utilizing one to two acres; Red Lobster, throughout northern NJ, seeking spaces of 7,028 sq.ft. in lifestyle, power and regional centers; Seasons 52, throughout northern NJ, seeking sites of 7,000 sq.ft. to 8,500 sq.ft. in freestanding locations; Strike Holdings, throughout Bergen, Essex, Passaic and Union counties in NJ, and Nassau, Rockland, Suffolk and Westchester counties in NY, seeking spaces of 32,000 sq.ft. to 35,000 sq.ft. with area demographics including a population of 250,000 within five miles; Ten Spot, throughout NJ and NY,

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seeking spaces of 3,500 sq.ft. to 4,000 sq.ft. in shopping centers, with area demographics including a population of 150,000 within three miles; Thomasville Galleries, throughout NJ, seeking sites of 12,000 sq.ft. to 14,000 sq.ft. in endcaps and freestanding locations; T.J. Maxx, throughout NJ, utilizing spaces of 30,000 sq.ft. to 50,000 sq.ft. in community and regional strip centers, and Veria, throughout CT, NJ and NY, seeking spaces of 3,500 sq.ft. to 4,000 sq.ft. in shopping centers and downtown central business districts. Greco Sackheim Realty Group (201-5670477) represents the following retailers with their expansion plans: Kohl’s, throughout NJ, seeking one- or two-level spaces of 90,000 sq.ft. in power and strip centers and freestanding locations; Michaels, throughout northern NJ, seeking spaces of 21,300 sq.ft. in power and strip centers and freestanding locations; The Children’s Place, throughout northern NJ, seeking sites of 4,000 sq.ft. to 4,500 sq.ft. in fashion-anchored lifestyle and power centers and urban/downtown areas; 24-Hour Fitness, throughout NJ, seeking sites of 35,000 sq.ft. to 40,000 sq.ft. in freestanding locations, strip centers and

Dealmakers

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pad sites; GNC, throughout northern NJ and New York, Orange, Rockland and Westchester, NY, seeking spaces of 800 sq.ft. to 1,200 sq.ft. in lifestyle and power centers and malls; Panda Express, throughout northern NJ, seeking sites of 1,800 sq.ft. to 2,200 sq.ft. or 2,500 sq.ft. with a drivethru in freestanding locations, pad sites and endcap spaces in strip centers; Jared – The Galleria of Jewelry, throughout northern NJ and Long Island, NY, utilizing spaces of 6,000 sq.ft. in regional malls, lifestyle centers and outparcels, and The Cotton Market, throughout NJ, seeking spaces of 2,500 sq.ft. to 3,500 sq.ft. in fashionanchored lifestyle and strip centers. Witherell Real Estate (773-991-4932) represents Roundy’s Supermarket with the chain’s expansion plans throughout Chicago, IL, utilizing spaces of 60,000 sq.ft. to 80,000 sq.ft. in urban and suburban areas. S.B. Schwartz & Co, Inc. (646-292-4963) represents T.G.I. Friday’s with the chain’s expansion plans throughout the New York, NY metropolitan area, seeking spaces in pad sites, endcap spaces, central business districts, malls and lifestyle and power centers. DM


Apparel Chains Expand Nationwide Jos. A. Bank operates 350 locations nationwide. The men’s clothing stores occupy spaces of 4,000 sq.ft. to 5,000 sq.ft. in lifestyle and specialty centers, in addition to urban/downtown areas. Growth opportunities are sought throughout AL, FL, LA, MS and TN during the coming 18 months, with representation by Katz & Associates. Typical leases run 10 years. A vanilla shell and specific improvements are required. Preferred cotenants include Chico’s, Ann Taylor, Ann Taylor Loft and Cache. Major competitors include Brooks Bros. Francesca’s operates 108 locations nationwide. The stores, offering women’s apparel, accessories and gifts, occupy spaces of 1,500 sq.ft. in regional malls and lifestyle and specialty centers. Growth opportunities are sought throughout FL during the coming 18 months, with representation by Katz & Associates. Typical leases run five years. A vanilla shell and tenant improvement allowance are required. Preferred cotenants include Banana Republic and Chico’s. For more information, contact Martin Hennessy, Katz & Associates, 2000 Glades Road, Suite 206, Boca Raton, FL 33431; 561361-7232 Ext. 14, Fax 561-361-7276. Dress Code operates seven locations throughout AL, GA, MS and TN. The stores, offering casual sportswear apparel, occupy spaces of 3,500 sq.ft. to 5,000 sq.ft. in freestanding locations, strip centers and urban/downtown areas. Growth opportunities are sought throughout AL, MS, SC and TN during the coming 18 months. Typical leases run three to five years. A vanilla shell is required. For more information, contact Steven Huchik, Dress Code, 1218 Old Chattahoochee Road, Atlanta, GA 30318; 404-351-1777, Fax 404-355-7029; Email: steven@dresscodewarehouse.com; Web site: www.dresscodewarehouse.com. Tristan & Iseut, Inc. trades as Tristan at 56 locations, T&A Outlets at five locations and West Coast at 16 locations throughout MA, NY and Canada. The stores, offering women’s and men’s apparel, occupy spaces of 5,000 sq.ft. in malls. Plans call for two openings throughout Toronto, Ontario, Canada during the coming 18 months. Typical leases run 10 years. Preferred demographics include a population of 80,000 within 10 miles earning $50,000 as the average household income. For more information, contact Gilles Fortin, Tristan & Iseult, Inc., 20 Des Seigneurs, Montreal, Quebec, Canada H3K 3K3; 514937-4601, Fax 514-935-1233; Web site: www.tristanstyle.com. DM

Retail Op p o r t u n i t i e s

to make your Mark in Bowie Median Household Income over $94,532 Average Household Income over $109,161 Bowie is one of the largest cities in Maryland. Bowie is also an excellent location, easily accessed from Washington D.C., Annapolis and Baltimore. Bowie’s proximity to these major cities brings business and workforce into the area via Routes 3, 50 and 301. Bowie has more than 90 restaurants, 200 shops, and a dozen recreation opportunities. With this winning combination of location, access and amenities your business is certain to grow and succeed.

For space available details call: Bowie Plaza, Brian Greene, 703-442-4300 Collington Plaza, Marcus Bourn, 703-442-4500 x20 Hilltop Plaza, Bruce I. Levine, 410-486-0800 x216 Main Street Market, Sam Pan, 301-657-7352

Pointer Ridge Plaza, Will Collins, 571-382-1290 For more information on ALL of Bowie’s Opportunities, contact:

John Henry King, Economic Development Director, City of Bowie, Maryland 2614 Kenhill Drive, Bowie, MD 20715 301.809.3042 | fax 301.809.2315 | jhking@cityofbowie.org www.dealmakers.net

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Lease Signings RMC Property Group (813-960-8154) negotiated leases with Smokers Paradise for 1,080 sq.ft.; with Bug Busters for 1,000 sq.ft. and with CitiTrends for 14,501 sq.ft. at Clearwater Plaza, located in Clearwater, FL. The company also negotiated a lease with Oreck for 896 sq.ft. at Grove Park, located in Lakeland, FL. The company also negotiated leases with The Stock Exchange for 1,200 sq.ft. and with Spinners Arcade for 5,100 sq.ft. at Gulf Points, located in Ft. Myers, FL. The company also negotiated a lease with Verizon Wireless for 2,800 sq.ft. at Holiday Center, located in Holiday, FL. The company also negotiated a lease with Unisex Salon & Spa for 1,200 sq.ft. at Liberty Square, located in Lakeland, FL. The company also negotiated a lease with AutoZone for 6,806 sq.ft. at Naples Town Center, located in Naples, FL. The company also negotiated a lease with Palatka Bingo for 15,834 sq.ft. at Putnam County Centre, located in Palatka, FL. The company also negotiated a lease with MetroPCS for 574 sq.ft. at Seminole Mall, located in Seminole, FL. The company also negotiated leases with Lovely Nails for 1,500 sq.ft. and with Sterling Cleaners for 1,421 sq.ft. at Seville Square, located in St. Petersburg, FL. The company also negotiated

a lease with American Top Team for 2,000 sq.ft. at St. Cloud Square, located in St. Cloud, FL. The company also negotiated leases with Good Samaritan for 716 sq.ft.; with Sun City Travel for 1,410 sq.ft. and with Tuesday Morning for 7,200 sq.ft. at Sun City Center Plaza, located in Sun City Center, FL. The company also negotiated a lease with Ace Cash Express for 1,500 sq.ft. at Temple Terrace Shoppes, located in Temple Terrace, FL. The company also negotiated leases with The Bloated Bull for 3,675 sq.ft. and with MetroPCS for 1,600 sq.ft. at University East, located in Thonotosassa, FL. The company also negotiated a lease with Massage Envy for 2,966 sq.ft. at University Walk, located in Sarasota, FL. The company also negotiated a lease with Bounce U for 11,238 sq.ft. at Village Market Wesley Chapel, located in Wesley Chapel, FL. The company also negotiated a lease with Benchmark Clothing for 1,550 sq.ft. at Westgate, located in Gainesville, FL. Breslin Realty, Inc. (516-741-7400) negotiated a lease with Lowe’s Home Improvement for space on Montauk Highway in Patchogue, NY. The company represented the tenant and the landlord in the transaction.

Jack Kahn Realty Services Corp. (973808-8757) negotiated leases with Express Stores, Inc. for T-Mobile locations in Brick, Lawrenceville, Manahawkin, Neptune, Toms River and Willingboro, NJ and Lawndale, Philadelphia and Upper Darby, PA. Katz & Associates (845-735-6666) negotiated a lease with Big Lots for a 25,000 sq.ft. location in Bridgeton, NJ. The company also negotiated a lease with GameStop for 2,000 sq.ft. at Lake Park Plaza, located in Palm Beach Gardens, FL. The company also negotiated leases with Shoe Carnival for 10,477 sq.ft. at Northcrest Shopping Center, located in Charlotte, NC; for 10,130 sq.ft. at Windsor Square, located in Matthews, NC and for 6,480 sq.ft. at Poplin Place, located in Monroe, NC. The company also negotiated leases with The Vitamin Shoppe for 3,500 sq.ft. in Minneapolis and Woodbury, MN. Courtelis Co. (305-261-4330) negotiated a lease with Brewista Coffee House for 1,800 sq.ft. at Brooks Town Center, located at the intersection of Three Oaks Parkway and Coconut Road in Estero, FL. The tenant joins Sweetbay Supermarket. DM

VANICK PROPERTIES INCORPORATED

381 Broadway, Westwood, NJ 07675 ~ Tel: 201.666.7710

Nicholas J. Aynilian - President

Mt. Holly / Lumberton, NJ ~ Evergreen Plaza 10,000 SF Pad ~ 5,600 SF - 11,000 SF Stores 60,000 SF Build to Suit Retail or Office Space

Middlesex, NJ ~ Westmarket Center 200,000 SF New Retail & Entertainment Center 36,000 SF New Office Space Middlesex, NJ ~ Lincoln Blvd. Office Space 1,200 SF - 4,000 SF Warehouse 1,300 SF - 8,100 SF Union City, NJ ~ Store Front 3,000 SF Apartments 2 - 3 Bedrooms Warehouse 17,000 SF ~ Vacant Lot 30’ x 80’

Union, NJ ~ RT 22 ~ Union 22 Town Center 4,000 SF - 9,800 SF Stores - 6,000 SF Pad

Fax: 201.666.7714

Scranton, PA ~ Greenridge Plaza 57,000 SF (Divisible); 1,500 SF - 7,500 SF Stores 5,000 SF Pad Site Pennsburg, PA ~Pennsburg Square Shopping Center 4,000 SF Store Pittston, PA ~ Pittston Plaza ~ 1.5 Acre Pad on RT 11 2000 SF - 2,500 SF Stores Scranton, PA ~ Luzerne Street Shopping Center 7,300 SF Store Hazleton, PA ~ Hazleton Shopping Center 3,755 SF - 14,000 SF Stores ~ 4,000 SF Pad Site Bethlehem, PA ~ Stefko Blvd. 1,700 SF New Store ~ Good for Cafe

Jersey City, NJ ~ Warehouse 36,000 SF

Reading, PA ~ Downtown 50,000 SF Mix Use Building

Aberdeen, NJ ~ New Office Builidng - 5,600 SF

Selinsgrove, PA ~ RTS 11 & 15 ~ 2,400 SF New Store

info@vanickproperties.com www.vanickproperties.com page 26

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Sources of Financing Cohen Financial provides debt advisory services to property owners nationwide. The services include property debt capacity evaluations, property cash flow assessments and loan work-out planning. For more information, contact Christopher Carroll, Cohen Financial, Two North LaSalle Street, Suite 800, Chicago, IL 60602; 312-803-5722; Email: ccarroll@cohenfinancial.com. Better Loans & Realty Corp. provides hard money financing in amounts ranging from $100,000 to $20 million for properties located in CA. Loans from $1 million are also available for properties nationwide. The loan-to-value ratio is 65% for commercial properties and 50% for entitled land. Loans for construction projects are available with a maximum as-repaired value of 55%. For more information, contact Joseph Perez, Better Loans & Realty Corp., 1026 Marion Drive, Glendale, CA 91205; 818-553-3829; Email: joseph.perez7185@sbcglobal.net; Web site: www.betterloansandrealty.com. Project Funding arranges private structured financing in amounts of $5 million and up for acquisition financing and shopping center developments. A showing of at least 10% proof of funds is required along with an executive summary and business plan. For more information, contact German Chavez, Project Funding; 619-520-0718; Email: projectfunding@cox.net. Martin Capital Group, LLC provides financing in amounts ranging from $5 million to $100 million for retail projects nationwide. Non-recourse notes are available for terms of 10 years with fixed interest rates, a 25-year amortization schedule and a maximum loan-to-value ratio of 65%. For more information, contact Craig Williams, Martin Capital Group, LLC, 1620 Walnut Street, Benton, KY 42025; 270-527-5382, Fax 270-398-0040; Email: craig@martin-capital.com; Web site: www.martin-capital.com. BMC Capital provided a $1.5 million loan for the acquisition of an Advance Auto location in Lawrenceville, GA. The note featured a three-year term, a fixed interest rate and reflected a loan-to-value ratio of 70%. For more information, contact Carl Esrey, BMC Capital; 214-526-7178; Email: cesrey@bmccapital.com; Web site: www.bmccapital.com. DM www.dealmakers.net

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Food Retailers Expand Nationwide (continued from page fourteen)

Hospitality Restaurant Group, LLC/Lobdell Management trades as Taco Bell, Pizza Hut and KFC at 75 locations throughout NY. The fast food restaurants occupy spaces of 600 sq.ft. to 3,000 sq.ft. in freestanding locations and lifestyle and power centers. Plans call for three openings throughout upstate NY during the coming 18 months. Typical leases run 10 to 20 years. A vanilla shell and specific improvements are required. Preferred demographics include a population of 30,000 within five miles earning $25,000 as the average household income. Major competitors include other fast food and quick-service restaurants. A land area of one acre is required for freestanding locations. For more information, contact Ken Underwood, Hospitality Restaurant Group, LLC/Lobdell Management, 745 South Garfield Avenue, Suite A, Traverse City, MI 49686; 231-941-5052, Fax 231-941-2369. East of Chicago Pizza Co. trades as East of Chicago Pizza at 100 locations throughout IN, OH, SC and WV. The restaurants, offering pizza, subs and salads, occupy spaces of 1,350 sq.ft. to 3,400 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought nationwide during the coming 18 months. Typical leases run five years with three, five-year options. A vanilla shell and specific improvements are required. For more information, contact Chuck McGee, East of Chicago Pizza Co., 121 West High Street, 12th Floor, Lima, OH 45801; 419-225-7116, Fax 419-225-7138; Email: cmcgee@eastofchicago.com; Web site: www.eastofchicago.com. The Melting Pot Restaurants, Inc. trades as The Melting Pot Restaurant at 144 locations nationwide. The restaurants, offering a fondue-based menu, occupy spaces of 4,000 sq.ft. to 6,000 sq.ft. in freestanding locations, regional malls, urban/downtown areas and entertainment, lifestyle, power, specialty and strip centers. Plans call for 12 openings throughout the midwestern, northeastern and western regions of the U.S. during the coming 18 months. Typical leases run 10 years. A vanilla shell or specific improvements are required. Preferred demographics include a population of 250,000 within 10 miles earning $55,000 as the average household income. The company is franchising. For more information, contact Dan Stone, The Melting Pot Restaurants, Inc., 8810 Twin Lakes Boulevard, Tampa, FL 33614; 813-881-0055 Ext. 102, Fax 813-889-9361; Email: dstone@meltingpot.com; Web site: www.meltingpot.com. page 28

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Rubio’s Mexican Grill operates 180 locations throughout AZ, CA and NV. The restaurants, offering burritos, soft-shell tacos, quesadillas, salads and seafood, occupy spaces of 2,000 sq.ft. to 2,600 sq.ft. in endcap spaces, freestanding locations and entertainment, lifestyle and power centers. Growth opportunities are sought throughout CA during the coming 18 months, with representation by California Commercial Partners, Inc. Typical leases run 10 years with options. Preferred demographics include a population of 40,000 within two miles earning $55,000 as the average household income. Major competitors include Baja Fresh and Chipotle. For more information, contact Ian Furar, California Commercial Partners, Inc., 220 Newport Center Drive, Suite 18, Newport Beach, CA 92660; 949-717-7711 Ext. 11, Fax 949-717-0011; Email: ian@ccpire.com; Web site: www.rubios.com. Marcos Franchising, LLC trades as Marco’s Pizza at 185 locations throughout AL, AZ, FL, GA, IA, IN, MI, NC, NV, OH, OK, TN, VA and WI. The pizza restaurants occupy spaces of 1,200 sq.ft. to 1,400 sq.ft. in strip centers. Plans call for 75 openings throughout the existing markets during the coming 18 months. Typical leases run 10 years with options. A vanilla shell and specific improvements are required. Preferred cotenants include Sprint, AT&T Mobility and Blockbuster Video. Preferred demographics include a population of 20,000 within three miles earning $40,000 as the average household income. Major competitors include Papa John’s and Pizza Hut. The company is franchising. For more information, contact Steve Hoza, Marcos Franchising, LLC, 5252 Monroe Street, Toledo, OH 43623; 419-885-7000, Fax 419-885-5215; Email: shoza@marcos.com; Web site: www.marcos.com. El Pollo Loco, Inc. trades as El Pollo Loco at 416 locations throughout AZ, CA, CO, CT, GA, IL, MA, NJ, NV, OR, TX, UT, VA and WA. The quick-service Mexican restaurants, specializing in chicken, occupy spaces of 1,600 sq.ft. to 3,200 sq.ft. in freestanding locations and endcap spaces in power centers with a drive-thru. Plans call for 15 openings throughout CA, CO and IL during the coming 18 months. Typical leases run 20 years with three, five-year options. The company is franchising. For more information, contact Sandy Martin, El Pollo Loco, Inc., 3535 Harbor Boulevard, Suite 100, Costa Mesa, CA 92626; 714-599-5000, Fax 714-599-5536; Email: smartin@elpolloloco.com; Web site: www.elpolloloco.com. DM


Lead Sheet Bergey’s, Inc. dba Bergey’s Henry Bergey 462 Harleysville Pike Souderton, PA 18964 215-723-6071, Fax 215-723-4963 Web site: www.bergeys.com

Automotive The 17-unit chain operates locations throughout DE, MD, NJ, PA and VA. The automotive service centers occupy spaces of 6,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months.

Distributors Warehouse, Inc. dba Bumper To Bumper Steve Korte 1900 North 10th Street Paducah, KY 42001 270-442-8201, Fax 270-442-4914

Automotive The 20-unit chain operates locations throughout IL, KY and TN. The automotive centers occupy spaces of 4,000 sq.ft. to 6,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months.

Peerless Tyre Co. Jeff Forbes 5000 Kingston Street Denver, CO 80239 303-371-4300 Ext. 128, Fax 303-371-4749 Web site: www.peerlesstyreco.com

Automotive The 58-unit chain operates locations throughout CO, KS, NE, NM, SD, TX and WY. The tire centers occupy spaces of 3,000 sq.ft. to 5,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. A land area of 20,000 sq.ft. is required.

The Pep Boys – Manny, Moe & Jack dba Pep Boys Chuck Larkin 3111 West Allegheny Avenue Philadelphia, PA 19132 215-430-9240, Fax 215-430-4684 Email: chuck_larkin@pepboys.com Web site: www.pepboys.com

Automotive The 563-unit chain operates locations nationwide and in Puerto Rico. The company is looking to expand into second-generation automotive spaces of 5,000 sq.ft. to 7,000 sq.ft., with six to 10 service bays, throughout the major metropolitan markets of southern CA; Chicago, IL and Philadelphia, PA during the coming 18 months.

Micro Electronics, Inc. dba Micro Center Nancy Klemstine 4119 Leap Road Hilliard, OH 43026 614-850-3037, Fax 614-850-3001 Web site: www.microcenter.com

Computers The 21-unit chain operates locations throughout CA, CO, GA, IL, KS, MA, MD, MI, MN, NJ, NY, OH, PA, TX and VA. The stores, offering computers and related products, occupy spaces of 28,000 sq.ft. to 32,000 sq.ft. in freestanding locations, malls and strip centers. Plans call for four openings throughout AZ, FL, IL, IN, MA, MD, MI, MO, NJ, NY, TX, VA and WA during the coming 18 months. Preferred demographics include a population of 200,000 within five miles earning $75,000 as the average household income.

Flash Foods, Inc. dba Flash Foods Kathy Aldridge PO Box 2149 Waycross, GA 31502 912-285-4011 Ext. 2329, Fax 912-490-1087 Email: kaldridge@flashfoods.com Web site: www.flashfoods.com

Convenience The 180-unit chain operates locations throughout northern FL and GA. The convenience stores with gasoline facilities occupy spaces of 3,500 sq.ft. to 4,500 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 30 years.

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Lead Sheet JCPenney Co., Inc. dba JCPenney Dean Zurmely 6501 Legacy Drive Plano, TX 75024 972-431-1403, Fax 972-531-1636 Email: dzurmely@jcpenney.com Web site: www.jcpenney.com

Department Store The 1,093-unit chain operates locations nationwide and in Puerto Rico. The department stores occupy spaces of 85,000 sq.ft. to 105,000 sq.ft. in freestanding locations, malls and lifestyle, power and strip centers. Plans call for 10 openings nationwide during the coming 18 months. A land area of seven to 12 acres is required for freestanding locations.

Pamida Stores Operating, LLC dba Pamida Mike Murley 8800 F Street Omaha, NE 68127 402-596-7388 Email: mmurley@pamida.com Web site: www.pamida.com

Department Store The 205-unit chain operates locations throughout IA, IL, IN, KS, KY, MI, MN, MO, MT, ND, NE, OH, SD, TN, WI and WY. The stores, offering apparel, home electronics, seasonal items, housewares and groceries, as well as a pharmacy in select locations, occupy spaces of 20,000 sq.ft. to 30,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the central and western regions of the U.S. during the coming 18 months. Typical leases run 15 years. The company prefers build-to-suits. Preferred demographics include a population of 5,000 within five miles earning $40,000 as the average household income. A land area of two to three acres is required for freestanding locations.

Goodwill Easter Seals Miami Valley dba Goodwill Lance Detrick 1511 Kuntz Road Dayton, OH 45404 937-461-4800, Fax 937-461-9578

Discount The 24-unit chain operates locations throughout OH. The stores, offering used apparel, housewares and footwear, occupy spaces of 8,000 sq.ft. to 15,000 sq.ft. in freestanding locations. Plans call for three openings throughout southwest and west central OH during the coming 18 months.

Harkins Amusement Enterprises dba Harkins Theatres Mike Bowers 7511 East McDonald Drive Scottsdale, AZ 85250 480-627-7777, Fax 480-627-7808 Web site: www.harkinstheatres.com

Entertainment The 30-unit chain operates locations throughout AZ, CA, CO, OK and TX. The movie theaters occupy spaces of 59,000 sq.ft. to 85,000 sq.ft. in freestanding locations, regional malls and entertainment, lifestyle and power centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Preferred demographics include a population of 150,000 within five to seven miles earning $40,000 as the average household income.

Metropolitan Theatres Corp. dba Metropolitan Theatres Dale Davison 8727 West 3rd Street Los Angeles, CA 90048 310-858-2843, Fax 310-858-2854 Email: ddavison@metrotheatres.com Web site: www.metropolitantheatres.com

Entertainment The 20-unit chain operates locations throughout CA, CO, ID, UT and British Columbia, Canada. The movie theaters occupy spaces of 40,000 sq.ft. in freestanding locations, regional malls and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months.

Edward Jones Neil Denenberg c/o Denenberg Realty Advisors 230 Commercial Street Boston, MA 02109 617-720-5656, Fax 617-720-5676 Email: neil@denenbergrealty.com Web sites: www.edwardjones.com and www.denenbergra.com

Finance The 10,800-unit chain operates locations nationwide and internationally. The investment firm occupies spaces of 700 sq.ft. to 1,200 sq.ft. in endcap spaces and power and strip centers. Plans call for eight openings throughout MA during the coming 18 months, with representation by Denenberg Realty Advisors.

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Lead Sheet Jackson Hewitt John Mitchell c/o JBG Rosenfeld Retail 4445 Willard Avenue, Suite 700 Chevy Chase, MD 20815 301-657-7336, Fax 301-657-9850 Email: jmitchell@jbgr.com Web site: www.jbgr.com

Finance The 30-unit chain operates locations throughout MD and VA. The financial service centers occupy spaces of 1,000 sq.ft. in strip centers. Plans call for one to five openings throughout the existing markets during the coming 18 months, with representation by JBG Rosenfeld Retail. A vanilla shell is required.

X Sport Fitness David Landes c/o Royal Properties, Inc. 850 Bronx River Road Bronxville, NY 10708 914-237-3404, Fax 914-237-0196 Email: david@royalpropertiesinc.com Web site: www.royalpropertiesinc.com

Fitness The 25-unit chain operates locations throughout IL, NY and Washington, D.C. The fitness centers occupy spaces of 40,000 sq.ft. to 50,000 sq.ft. in freestanding locations and entertainment, lifestyle, power and specialty centers. Plans call for two openings throughout northern NJ and Rockland and Westchester counties in NY during the coming 18 months, with representation by Royal Properties, Inc. The company prefers to locate in secondgeneration spaces. Preferred demographics include a population of 300,000 within five miles earning $70,000 as the average household income. Major competitors include 24Hour Fitness and LA Fitness. Tenant improvement allowance is required.

Fire & Ice, Inc. dba Fire & Ice, Harbor Silver & Gold Robert Levine 9578 Deereco Road Lutherville Timonium, MD 21093 Email: info@fireandiceinc.com Web site: www.fireandiceinc.com

Jewelry The 12-unit chain operates locations throughout MA, MD, PA, VA and Washington, D.C. The jewelry stores occupy spaces of 900 sq.ft. in airports and regional centers. Growth opportunities are sought throughout MA, MD, PA and Washington, D.C. during the coming 18 months.

Annex Brands, Inc. dba Postal Annex+, Handle With Care Packaging Store and Sunshine Pack and Ship Chris Kimble 7580 Metropolitan Drive, Suite 200 San Diego, CA 92108 619-563-4800, Fax 619-563-9850

Service The 400-unit chain operates locations nationwide. The stores, offering shipping, copying, postal and office supplies, as well as greeting cards and packaging materials, occupy spaces of 900 sq.ft. to 1,400 sq.ft. in neighborhood centers. Postal Annex+ and Handle with Care Packaging Stores are looking for expansion throughout the existing market during the coming 18 months. Typical leases run five years with options. A vanilla shell and specific improvements are required. Preferred cotenants include grocery stores, coffee shops and dry cleaners. Preferred demographics include a population of 20,000 within three miles earning $50,000 as the average household income. Major competitors include The UPS Store, PostNet, AIM and FedEx Office. The company is franchising.

Fleet Feet, Inc. dba Fleet Feet Sports Frank Pitts PO Box 789 Carrboro, NC 27510 919-942-3102, Fax 919-932-6176 Email: frank.pitts@fleetfeet.com Web site: www.fleetfeet.com

Shoes The 91-unit chain operates locations nationwide. The stores, offering sports-oriented footwear and apparel, occupy spaces of 1,700 sq.ft. to 2,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. The company is franchising.

Leslie’s Poolmart, Inc. dba Leslie’s Pool Supplies Jim Iacobazzi 3925 East Broadway Road, Suite 100 Phoenix, AZ 85040 602-366-3999, Fax 602-366-3972 Email: jiacobazzi@lesl.com Web site: www.lesliespool.com

Specialty The 620-unit chain operates locations nationwide throughout 35 states. The swimming pool supply stores occupy spaces of 3,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sough throughout AZ, CA, FL, GA, NV and TX during the coming 18 months. Typical leases run five years. The company prefers to locate in centers with grocery anchors.

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Lead Sheet Wild Bird Centers of America, Inc. dba Wild Bird Centers George Petrides, Jr. 7370 MacArthur Boulevard Glen Echo, MD 20812 Email: george.jr@wildbird.com Web site: www.wildbird.com

Specialty The 81-unit chain operates locations nationwide and throughout Canada. The stores, offering birding products including seed, feeders, baths, houses, books, hardware and garden accessories, occupy spaces of 1,300 sq.ft. to 1,800 sq.ft. in neighborhood, power and strip centers. Expansion is franchise driven and growth opportunities are sought nationwide during the coming 18 months. Preferred cotenants include apparel retailers, grocery stores, Bed Bath & Beyond and Barnes & Noble.

Dick’s Sporting Goods Tom Rettaliata c/o Ripco Real Estate 420 Jericho Turnpike, Suite 100 Jericho, NY 11753 516-933-8880, Fax 516-933-2514 Email: trettaliata@ripcony.com Web site: www.ripcony.com

Sporting Goods The 300-unit chain operates locations nationwide. The stores, offering athletic apparel and footwear and sporting good items, occupy spaces of 40,000 sq.ft. to 55,000 sq.ft. in freestanding locations, malls and power centers. Growth opportunities are sought throughout Long Island, NY during the coming 18 months, with representation by Ripco Real Estate.

The Fresh Market Stephen Smith 628 Green Valley Road, Suite 500 Greensboro, NC 27408 336-272-1338, Fax 336-272-7301 Email: stephensmith@thefreshmarket.com Web site: www.thefreshmarket.com

Supermarket The 86-unit chain operates locations throughout AL, FL, GA, IL, IN, KY, LA, MD, MI, MS, NC, OH, PA, SC, TN, VA and WI. The supermarkets occupy spaces of 18,000 sq.ft. to 21,000 sq.ft. in lifestyle, neighborhood and power centers. Growth opportunities are sough throughout the eastern region of the U.S. during the coming 18 months. Typical leases run 10 years with six, five-year options. Preferred demographics include a population of 150,000 within five miles earning $75,000 as the median household income.

Movie Gallery, Inc. dba Movie Gallery, Hollywood Video and Game Crazy Scott Hopp 9275 Southwest Peyton Lane Wilsonville, OR 97070 503-570-1622 Email: hopps@hlyw.com Web site: www.moviegallery.com

Video The 3,500-unit chain operates locations nationwide and throughout Canada. The stores, offering movie and video game rentals and sales, occupy spaces of 3,600 sq.ft. to 5,000 sq.ft. in freestanding locations, endcap spaces and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run five years with two, five-year options. Major competitors include Blockbuster and GameStop.

GNC Stephanie Greco c/o Greco Sackeim Realty Group 39 Park Place Englewood, NJ 07631 201-567-0477, Fax 201-567-7770 Email: stephanie@iobase.com Web site: www.grecosackeimrealty.com

Vitamins The 4,000-unit chain operates locations nationwide. The stores, offering vitamins, supplements and health foods, occupy spaces of 800 sq.ft. to 1,200 sq.ft. in malls and power and specialty centers. Growth opportunities are sought throughout northern NJ and Dutchess, Manhattan, Rockland and Westchester counties in NY during the coming 18 months, with representation by Greco Sackeim Realty Group. Typical leases run five years with a five-year option. A vanilla shell is required. The company prefers to locate in centers featuring GLAs exceeding 100,000 sq.ft. and heavy foot traffic. The company is franchising.

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 32

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Looking for Acquisitions • Leasing Great Sites

LEASING

Rivercrest Realty has space available in anchored shopping centers along the East Coast. For leasing, contact: Vijay K. Shah (NC, TN, VA, WV, MD, DE) (919) 518-2000 vshah@rivercrestrealty.com Debbie Lewis (SC, GA, FL) (919) 518-2000 dlewis@rivercrestrealty.com Helen Vitaliano (New York Locations) (718) 980-7684 helenvitaliano@si.rr.com

ACQUISITIONS

Rivercrest Realty is actively pursuing acquisitions of retail centers located East of the Mississippi. Acquisition Requirements: • Grocery / Shadow-Anchored • $5 Million Minimum Deal • 30,000+ SF Shop Space Forward proposals to: Stan Werb (919) 846-4046 swerb@rivercrestrealty.com

www.rivercrestrealty.com 8816 Six Forks Road, Suite 201 Raleigh, NC 27615 Phone: (919) 518-2000 Fax: (919) 424-0001

STATE

CENTEr

AvAILAbLE SF

NEw yOrk Staten Island Staten Island

Coral Island Shopping Center Tottenville Square

DELAwArE Seaford

Sussex Plaza

FLOrIDA Wilton Manors

Shoppes of Wilton Manors

GEOrGIA Atlanta Augusta Macon

Lenox Village Southpointe Plaza Walnut Creek Plaza

MAryLAND Landover Pocomoke City Fruitland

Landover Crossing East Town Plaza Southtowne Commons

2,000 – 119,244 SF 3,000 SF Fully Leased

NOrTH CArOLINA Advance Chapel Hill Charlotte Charlotte Durham Durham Forest City Hendersonville Raleigh Shelby Smithfield Southport Taylorsville Winston-Salem

Kinderton Place Timberlyne Archdale Marketplace Royal Plaza Parkway Plaza The Village Hillside Plaza Highlands Square Millbrook Collection Creekside Plaza Smithfield Plaza Tidewater Plaza Taylorsville Hanes Commons

1,309 & 1,787 SF 500 – 2,400 SF 2,400 - 4,031 SF 1,300 – 6,676 SF 3,200 SF 11,700 SF 1,500 – 24,962 SF 2,500 & 4,000 SF 1,225 – 2,150 SF 3,120 SF 1,500 & 3,000 SF 3,000 SF 1,200 – 8,363 SF 1,400 & 3,300 SF

SOUTH CArOLINA Boiling Springs Columbia Florence Gaffney Georgetown Greenville Greenville Greenville Greenwood Greer Lexington Lexington Myrtle Beach Myrtle Beach Surfside Beach

Boiling Springs Center Northpointe Commons Southside Commons Piedmont Plaza Plantation Plaza Haywood Plaza Shoppes at Woodruff White Horse Commons Westwood Plaza Hillview Plaza East Towne Centre Village Square Northwood Plaza Plantation Point Surfside Commons

1,600 – 3,000 SF 2,000 – 35,000 SF 3,200 SF 2,000 & 3,200 SF 2,000 & 3,000 SF 998 – 5,400 SF 1,500 – 4,000 SF 4,000 SF 4,500 – 27,436 SF 2,000 SF Fully Leased 800 & 1,493 SF 1,103 – 6,400 SF 2,458 – 4,122 SF 3,000 & 4,000 SF

TENNESSEE Cookeville

Cumberland Station

vIrGINIA Bluefield Covington Harrisonburg Martinsville Radford South Boston

Ridgeview Plaza Riverbend Garbers Crossing Mountainview Plaza Peppers Ferry Centre South Boston

wEST vIrGINIA Princeton

East River Plaza

840 – 2,980 SF 1,200 – 7,915 SF 3,000 SF 15,423 SF 1,000 – 3,517 SF Fully Leased 2,000 & 6,000 SF

900 & 3,000 SF 2,000 & 30,012 SF 2,800 SF Fully Leased 3,000 – 9,000 SF 1,600 SF 1,200 SF 30,363 SF


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Arizona

California

Kingman – Stockton Hill Plaza, a 26,500 sq.ft. strip center situated on three acres on North Stockton Hill Road, has spaces available of 1,008 sq.ft.; 2,032 sq.ft. and 5,040 sq.ft. Brenden Movie Theaters/Kingman Cinemas anchors the center. Area retail includes Home Depot, Safeway, Dollar Tree, Starbucks, Walgreens, IHOP, Wal*Mart and Smith’s. Area demographics include a population of 35,166 within three miles earning $45,723 as the average household income. The asking rent is $12 psf with CAM of $3 psf. For details, contact Steve Amona, Plaza

Five Properties, LLC, 1801 Avenue of The Stars, Suite 1105, Los Angeles, CA 90067; 310-623-1720, Fax 310-788-0784; Email: american@webuyupside.com.

Inc., 9168 Las Tunas Drive, Temple City, CA 91780; 626-689-0811, Fax 626-248-3658; Email: hugochau@gmail.com.

California Arcadia – A 9,200 sq.ft. center situated on a land area of 32,000 sq.ft. at the intersection of El Monte Avenue and Las Tunas Drive has space available along with a 32,000 sq.ft. outlot. Cotenants include CVS. For details, contact Hugo Chau, Frost

San Leandro – San Leandro Plaza, a strip center located at the intersection of Williams Street and Orchard Avenue, has a 1,100 sq.ft. space available. Williams Street Market anchors the center. The asking monthly rent is $2,000 with CAM of $0.26 psf. For details, contact Bonnie Chui, B.C. Realty, 528 East 18th Street, Oakland, CA 94606; 510-835-8888, Fax 510-835-8014; Email: bcleader@comcast.net.

Connecticut

www.ezcorp.com Aggressively growing domestically as well as in Mexico. Come hear the corporate story, learn about our current & future growth plans, and submit your properties to: James Rose, Vice President of Property Management james_rose@ezcorp.com

Barbara Lampley, Director of Real Estate barbara_lampley@ezcorp.com

Rick Thompson, Senior Real Estate Manager rick_thompson@ezcorp.com

Raúl Añorve, Real Estate Director - Mexico raul_anorve@ezcorp.com

Ken Ormsby, Real Estate Manager - Mexico ken_ormsby@ezcorp.com

Bridgeport – A 5,000 sq.ft. strip center located on Overland Avenue has a 2,650 sq.ft. space available. Cotenants include CosmoProf. Area retail includes Stop & Shop, Marshalls and Westfield Shopping Mall. The asking rent is $15 psf with CAM of $1.50 and taxes of $3 psf. Plainville – Gateway Square, a 20,000 sq.ft. strip center situated on 7.4 acres on Cooke Street, has space available along with a 130,000 sq.ft. outlot. Cotenants include Wendy’s and Taco Bell/Long John Silver. Area retail includes Connecticut Commons, Lowe’s Home Improvement, Loew’s Cinemas, DSW, Dick’s Sporting Goods, Marshalls, Big Y Supermarket, Starbucks, Jo-Ann Fabrics and dressbarn. The average daily traffic count is 22,900 vehicles. For details, contact Judd Malin, Robert Malin Realty, LLC, PO Box 113306, Stamford, CT 06911; 203-325-8752; Email: rmalinrealty@aol.com; Web site: www.malinrealty.com. Moosup – Exit 89, a center situated on 4.7 acres, has outlots available of 2,500 sq.ft.; 5,000 sq.ft. and 14,000 sq.ft. Area demographics include a population of 21,213 within five miles earning $62,382 as the average household income. For details, contact David Mieczynski, National Realty Advisors, LLC, 349 Valley Street, Suite 1, Willimantic, CT 06226; 877672-3847; Email: david@nradvisors.net; Web site: www.nradvisors.net. Newington – A center located on Berlin Turnpike has a 40,009 sq.ft. space available. Area demographics include a population of 69,258 within three miles earning $62,074 as the average household income. For details, contact Rob Lang, Kamin Realty Co., PO Box 10234, Pittsburgh, PA 15232; 412-661-5233, Fax 412-661-8160. (continued on page thirty-six)

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Waterbury – Sunbeam Plaza, a 65,915 sq.ft. center located on East Main Street between Scott Road and Frost Road, has spaces available of 500 sq.ft.; 2,000 sq.ft. and 3,500 sq.ft. Cotenants include Curves, Laser Planet and Ami’s Crispy Bagel. Area retail includes Bras Mill Mall. Area demographics include a population of 365,481 within 10 miles earning $70,284 as the average household income. Also, Mallview Plaza, a 65,440 sq.ft. center located at the intersection of Lakewood Road and Wolcott Street, has spaces available of 850 sq.ft.; 6,000 sq.ft. and 6,400 sq.ft. along with a 6,000 sq.ft. outlot. Area retail includes Wal*Mart. Area demographics include a population of 365,481 within 10 miles earning $70,284 as the average household income. For details, contact Irina Chmeleva, E and I Consulting; 917-723-6727; Email: msdealmaker@icregroup.com; Web site: www.icregroup.com.

Florida Greenacres – Trafalgar Square, a 102,635 sq.ft. center located at the intersection of

Florida

Florida

Forest Hill Boulevard and Jog Road, has spaces available of 1,400 sq.ft. and 1,600 sq.ft. Winn-Dixie, CVS, Dunkin’ Donuts, Quiznos and Family Dollar anchor the center. Cotenants include Hungry Howie’s Pizza, Wood You Furniture and Advance America. Area demographics include a population of 256,920 within five miles earning $41,191 as the median household income. The average daily traffic count is 80,000 vehicles. Sarasota – Sarasota Crossings, a 181,332 sq.ft. strip center located at the intersection of Honore Avenue and Fruitville Road, has spaces available of 1,500 sq.ft.; 7,227 sq.ft. and 10,000 sq.ft. Publix, CVS, Starbucks and GNC anchor the center. Cotenants include Beall’s, Subway, Da Ru Ma and Sprint. Area demographics include a population of 150,507 within five miles earning $49,723 as the median household income. The average daily traffic count is 80,000 vehicles. For details, contact Nicole Christodoulou, Commodore Realty, 30 West Mashta Drive, Suite 400, Key Biscayne, FL 33149; 305365-2600 Ext. 40, Fax 305-365-0800; Email: nicole@commodorerealty.com; Web site: www.commodorerealty.com.

Hialeah – A freestanding building situated on 0.58 acres at the intersection of West 4th Avenue/Red Road and West 78th Street is available. For details, contact Jeffrey W. Reiss, Abida Associates, LLC, 45 North Station Plaza, Great Neck, NY 11021; 516-482-8900, Fax 516-482-5355; Email: jreiss@cloud9.net.

Kansas City and the Midwest

#1 Commercial Real Estate Company in Kansas City -Kansas City Business Journal

• Sites Available • Tenant Representation • Full Real Estate Services

• Shopping Centers • Restaurants • Hospitality

Block & Company, Inc- Retail Team David M. Block (816) 753-6000 dblock@blockandco.com

Hollywood – Johnson Square, a 52,000 sq.ft. strip center located at the intersection of Johnson Street and 30th Road, has a 16,400 sq.ft. space available. Bravo Supermarket anchors the center. Area demographics include a population of 349,954 within five miles earning $53,188 as the average household income. The asking rent is $16 psf with CAM of $2 psf and taxes of $1.50 psf. Miami – Calusa Centre, a 37,000 sq.ft. strip center located at the intersection of Southwest 112th Street and Southwest 137th Avenue, has spaces available of 1,150 sq.ft. and 1,175 sq.ft. Cotenants include Advance Auto, State Farm Insurance, Burger King and Chuck Wagon Restaurant. Area demographics include a population of 351,203 within five miles earning $60,088 as the average household income. The average daily traffic count is 50,000 vehicles. The asking rent is $22 psf with CAM of $3.92 psf and taxes of $2.16 psf. Also, Quail Heights Plaza, a 98,000 sq.ft. strip center located at the intersection of Quail Roost Drive/Southwest 186th Street and 117th Avenue, has a 1,600 sq.ft. space available along with a 4,799 sq.ft. endcap. Winn-Dixie anchors the center and cotenants include Blockbuster, CVS, KFC/Taco Bell, McDonald’s and Pizza Hut. Area demographics include a population of 219,820 within five miles earning $62,198 as the average household income. The asking rent is $22 psf for the inline space and $35 psf for the endcap, with CAM of $3.35 psf and taxes of $2.37 psf. Miramar – Miramar Crossings, a 30,000 sq.ft. strip center located at the intersection of Miramar Parkway and Red Road, has a 1,084 sq.ft. space available along with two spaces of 1,200 sq.ft. and two, one-acre outlots. Cotenants include IHOP, T-Mobile, Subway and Allstate Insurance. Area demographics include a population of 371,365 within five miles earning $56,781 as the average household income. The average daily traffic count is 50,000 vehicles. The asking rent is $25 psf with CAM of $4.50 psf and taxes of $3.40 psf. Pembroke Pines – Pines Park Plaza, a 60,000 sq.ft. mixed-use center located at the intersection of Pines Boulevard and Northwest 184th Avenue, has a 30,855 sq.ft. space available. U.S. Century (continued on page thirty-eight)

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visit us at the boston, ma icsc july 8–9, 2009 representing over 3 million square feet of properties leasing * tenant rep * investment sales tractor supply plaza putnam, connecticut

32,000 square foot shopping center providence pike (route 44) • Join Tractor Supply • 1,500 − 13,000 Square Feet Remain • Can Be Divided • Neighbors include: Stop & Shop, Sears Essentials, Wal*Mart, CVS (2009) and more • Immediate occupancy

colonial plaza waterbury, connecticut

225,000 square foot shopping center thomaston avenue • Join Compare Foods, Dollar Dreams, Dunkin Dunuts, Wendy’s, and more • Immediate occupancy • 832 - 34,512 Square Feet remain for lease; subdividable • Competitive rates

hadley corner hadley, massachusetts

russell street (route 9) hadley/amherst, massachusetts • Located on Route 9 (Russell Street) Retail Corridor. • 2,000 - 40,000 Sq. Ft. Units Available • Join Home Depot in this 271,000 Sq. Ft. Power Center • Neighbors include: Walmart, Barnes & Noble, Old Navy, Best Buy, Target, JC Penney and many more

phone: (860) 529-9000

fax: (860) 563-9667 www.newenglandretail.com


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Bank and Stormann’s Coffee anchor the center. Cotenants include Tip Top Cleaners. Area demographics include a population of 133,803 within five miles earning $83,156 as the average household income. The asking rent is $25 psf with CAM of $4.30 psf and taxes of $3.42 psf. Ponte Vedra Beach – Ponte Vedra Pointe, a 74,000 sq.ft. strip center located at the intersection of State Road 210 and A1A, has spaces available of 1,300 sq.ft. and 1,608 sq.ft. along with a divisible space of 29,000 sq.ft. Cotenants include Sylvan Learning Center, Tire Kingdom, Peterbrooke Chocolatiers, Walgreens, Ace Hardware and McDonald’s. Area demographics include a population of 38,786 within five miles earning $112,232 as the average household income. The asking rent is $22 psf with CAM of $2.66 psf and taxes of $1.13 psf. Sunrise – PetSmart Plaza, a 100,000 sq.ft. strip center, has a 2,240 sq.ft. space available along with a 2,250 sq.ft. restaurant space. PetSmart anchors the center and cotenants include Party City, Borders, AAA and Massage Envy. Area demographics include a population of 254,208 within five miles earning $61,091

Florida

Florida

as the average household income. The asking rent is $28 psf with CAM of $4 psf and taxes of $4.08 psf. For details regarding the Hollywood and Pembroke Pines properties, contact Alexander Espinola, Investment Management Associates, Inc., 1575 San Ignacio Avenue, Suite 400, Coral Gables, FL 33146; 305661-0110, Fax 305-661-7803; Email: aespinola@ima-realestate.com; Web site: www.ima-realestate.com. For details regarding the Miami, Miramar and Sunrise properties, contact Natalee Bartolomeo; Email: nbartolomeo@ima-realestate.com. For details regarding the Ponte Vedra Beach property, contact Kate Clifford, 484 Jacksonville Drive, Jacksonville, FL 32250; 904-242-2828, Fax 904-242-2858; Email: kate@strategicsites.com.

Leasing Co., 5248 9th Street, Zephyrhills, FL 33542; 813-232-5200, Fax 813-232-7200; Email: mark@metwoinc.com.

Zephyrhills – A 1,400 sq.ft. freestanding building situated on a land area of 4,200 sq.ft. at the intersection of 9th Street and 5th Avenue is available. Area demographics include a population of 16,000 within three miles. For details, contact Mark Ruane, Vicom

And we pay in cash. AEI has been buying existing, to-be-built, and/or sale-leaseback net lease properties nationwide for more than three decades. And we’ve always been all-cash. No debt means quick decisions, fast closings and no delays. When it comes to commercial acquisitions, no one stacks up to AEI. For more information, contact George Rerat today.

CALL 651-227-7333

OR EMAIL GRERAT@AEIFUNDS.COM

Quality Investments. Quality Performance. Since 1970.

June 5, 2009 The Dealmakers Dealmakers_AEI_BUYING_OneThirdPage_AD.indd 1

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Georgia Alpharetta – Arbors of Alpharetta, a 16,000 sq.ft. strip center situated on two acres at the intersection of Windward Parkway and Highway 9, has spaces available of 1,400 sq.ft.; 1,750 sq.ft. and 3,500 sq.ft. along with a 43,560 sq.ft. outlot. Area retail includes Lowe’s Home Improvement, Wal*Mart Supercenter, Costco, Fry’s Electronics, hhgregg, Home Depot, Target, Kohl’s, Office Depot and Staples. Area demographics include a population of 134,916 within five miles earning $112,132 as the average household income. The average daily traffic count is 23,720 vehicles. The asking rent is $15 psf with CAM of $3 psf. For details, contact Ken Furlong, Atlanta Commercial Real Estate Services, PO Box 73007, Marietta, GA 30007; 770-596-2525; Email: kfurlong@acreteam.com; Web site: www.acreteam.com.

Idaho Boise – Franklin Towne Plaza, a 470,000 sq.ft. power center located at the intersection of Milwaukee Street and Franklin Road, has spaces available of 9,120 sq.ft. and 10,000 sq.ft. Cabela’s, T.J. Maxx ‘n More, Best Buy, Office Depot, PetSmart and Michaels anchor the center. Cotenants include Home Fabrics, Golf Galaxy, OfficeMax and America the Beautiful Dreamer. Area retail includes Boise Towne Square Mall, Home Depot, Jo-Ann Fabrics, Target and Ross Dress for Less. Area demographics include a population of 239,237 within 10 miles earning $77,899 as the average household income. The average daily traffic count is 39,000 vehicles. The asking annual rent is $12 psf. Also, Milwaukee Marketplace, a 119,000 sq.ft. power center located at the intersection of Milwaukee Street and Irving Street, has a 20,522 sq.ft. space available. Jo-Ann Fabrics, Cost Plus World Market, Barnes & Noble and The Sports Authority anchor the center. Area retail includes Boise Towne Square Mall, Home Depot, Target, Ross Dress for Less, Cabela’s and Shopko. Area demographics include a population of 213,909 within 10 miles earning $63,571 as the average household income. The average daily traffic count is 39,000 vehicles. The asking annual rent is $12 psf. For details, contact Jay Blacker, Hawkins Cos., 855 Broad Street, Suite 300, Boise, ID


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Illinois

Illinois

83702; 208-908-5521, Fax 208-376-8523; Email: jblacker@hcollc.com; Web site: www.hcollc.com.

Area demographics include a population of 202,722 within three miles earning $72,288 as the average household income. For details, contact Rob Lang, Kamin Realty Co., PO Box 10234, Pittsburgh, PA 15232; 412-661-5233, Fax 412-661-8160.

725-0678, Fax 815-725-7743; Email: mdillon@kiplingcommercial.com; Web site: www.kiplingcommercial.com.

Illinois Chicago – The Shoppes on Clybourn, a 6,190 sq.ft. mixed-use center located at the intersection of Clybourn Avenue and Sheffield Avenue, has spaces available of 675 sq.ft.; 885 sq.ft. and 1,545 sq.ft. Cotenants include Space It Up! and Allstate Insurance. Area demographics include a population of 1.004 million within five miles earning $45,520 as the median household income. The average daily traffic count is 14,200 vehicles. The asking rent is $26 psf. For details, contact Dennis Claussen, The Richden Co., 1410 West Irving Park Road, Suite 1F, Chicago, IL 60613; 773871-4737, Fax 773-871-3118; Email: richden@richden.com; Web site: www.richden.com. Melrose Park – A center situated on ten acres on West North Avenue has an 85,352 sq.ft. space available. Area retail includes Aldi.

Shorewood – Brookforest Centre, a 16,960 sq.ft. strip center situated on two acres at the intersection of Route 59 and Black Road, has a 1,882 sq.ft. space available. Crispy Waffle anchors the center and cotenants include State Farm Insurance, Liberty Tax, Optimal Health and Wellness, Tropical Hair Salon, Fat Ricky’s Pizza and Los Burritos Ricos. Area retail includes Home Depot, Gas City, Dominick’s, Wendy’s, Taco Bell, Babies “R” Us, Staples and Pizza Hut. Area demographics include a population of 146,911 within five miles earning $94,405 as the average household income. The average daily traffic count is 22,600 vehicles. The asking rent is $19 psf with CAM of $1.75 psf and taxes of $2.75 psf. For details, contact Mike Dillon, Kipling Development, 611 West Jefferson Street, Shorewood, IL 60404; 815-

www.dealmakers.net

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Indiana Evansville – Town Center, a 142,621 sq.ft. strip center located at the intersection of Diamond Avenue and Stringtown Road, has spaces available of 5,864 sq.ft. and 32,979 sq.ft. Save-A-Lot and Big Lots anchor the center. Cotenants include Family Dollar, Rent-A-Center, Sherwin Williams, BoRics, Check Into Cash and Jackson Hewitt. Area demographics include a population of 134,112 within five miles earning $55,227 as the average household income. The average daily traffic count is 44,281 vehicles. Mt. Vernon – Southwind Plaza, an 84,821 sq.ft. strip center located at the intersection of U.S. Highway 62 and Southwind Plaza, has a 24,490 sq.ft. space available. Peebles and Wesselman’s Grocery anchor the center. Cotenants include Dollar General, Sears and Edward Jones. Area demographics include a population of 10,013 within five miles

Dealmakers

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earning $58,398 as the average household income. The average daily traffic count is 17,615 vehicles. For details, contact Christopher M. Folz, Regency Properties, 330 Cross Pointe Boulevard, Evansville, IN 47715; 812424-9200, Fax 812-424-9242; Email: cfolz@regency-prop.com; Web site: www.regency-prop.com. Portage – Willowcreek Plaza, a 38,118 sq.ft. center located at the intersection of Willowcreek Road and Ridge Road, has a 1,250 sq.ft. space available. Cotenants include 7-Eleven, The UPS Store, Cricket and Sprint. Area demographics include a population of 83,602 within five miles earning $46,584 as the median household income. The asking rent ranges from $12.50 psf to $18 psf with CAM of $3.65 psf. Valparaiso – EastGate Plaza, a 19,217 sq.ft. mixed-use center located at the intersection of LaPorte Avenue and Harmel Drive, has a 1,560 sq.ft. space available along with two spaces of 1,605 sq.ft. Cotenants include U.S. Cellular, Embroid Me and Batteries Plus.

Indiana

Indiana

Area demographics include a population of 44,590 within five miles earning $53,474 as the median household income. The asking rent ranges from $16 psf to $23 psf with CAM of $4 psf. For details, contact Dennis Claussen, The Richden Co., 1410 West Irving Park Road, Suite 1F, Chicago, IL 60613; 773871-4737, Fax 773-871-3118; Email: richden@richden.com; Web site: www.richden.com.

income. The average daily traffic count is 24,000 vehicles. The asking rent is $17 psf with CAM of $2 psf and taxes of $2 psf. For details, contact Bill Baker, Urschel Development, 907 Vale Park Road, Suite 1H, Valparaiso, IN 46383; 219-465-1648, Fax 219-464-1707; Email: bbaker@urschel.com; Web site: www.ccvalpo.com.

Valparaiso – Cumberland Crossing, a 175,000 sq.ft. strip center situated on 19 acres at the intersection of Calumet Avenue and Vale Park Road, has spaces available of 1,790 sq.ft.; 2,254 sq.ft. and 3,058 sq.ft. along with outlots of 32,670 sq.ft. and 185,130 sq.ft. Kmart anchors the center and cotenants include Hallmark, The UPS Store, Dairy Queen, Burger King, Dagwoods and People’s Bank. Area retail includes Wise Way Grocery, AutoZone, Subway, AT&T Mobility, Fazolis, Long John Silver’s and Dunkin’ Donuts. Area demographics include a population of 142,468 within 10 miles earning $71,256 as the average household

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Louisville – Republic Bank Center, a 10,000 sq.ft. strip center located at the intersection of Highway 150 and West Broadway Street, has spaces available of 900 sq.ft. and 2,000 sq.ft. Republic Bank anchors the center and cotenants include Jackson Hewitt and Full Court Clothing. Area demographics include a population of 109,363 within three miles. The asking rent is $16.50 psf. For details, contact Jim Conklin, Lopp Real Estate, LLC, 2770 Jefferson Center Way, Suite 7, Jeffersonville, IN 47130; 812-206-8830, Fax 812-206-8835; Email: jconklin@lopprealestate.com.

Louisiana Baton Rouge – A center located on Airline Highway has a 28,374 sq.ft. space available. Cotenants include Harvey’s, Toys “R” Us, Ethan Allen and PetSmart. Area demographics include a population of 212,812 within five miles earning $59,589 as the average household income. For details, contact Rob Lang, Kamin Realty Co., PO Box 10234, Pittsburgh, PA 15232; 412-661-5233, Fax 412-661-8160.

Maryland Bowie – Pointer Ridge Plaza has a 34,334 sq.ft. space available. Cotenants include CVS, Edible Arrangements and Pizza Hut. District Heights – Penn Station has a 50,000 sq.ft. space available. Cotenants include Save-ALot, Factory Card Outlet and Pizza Hut. For details regarding the Bowie property, contact Will Collins, Rappaport Retail Brokerage; 571-382-1225; Web site: www.rappaportco.com. For details regarding the District Heights property, contact John H. Hayden; 571-382-1222.

BORRUS ASSOCIATES

Massachusetts

A member of the International Council of Shopping Centers

Acton – Acton Woods Plaza, a 43,000 sq.ft. strip center situated on five acres at the intersection of Route 27 and Route 2A, has spaces available of 1,600 sq.ft.; 3,200

COMMERCIAL INVESTMENT REAL ESTATE

30 Monmouth St., Red Bank, NJ 07701 Mailing Address P/O Box 8357, Red Bank, NJ 07701 page 40

Kentucky

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sq.ft. and 4,800 sq.ft. CVS anchors the center and cotenants include Cambridge Wear, Jeri James, American Express Travel, Verizon Wireless, Quick Cuts, Café Ziba, Bank of America, Enterprise Bank, Powers Art Gallery, J. Olsen Jewelry and Kitchen Outfitters. Area retail includes Talbots, Staples, Trader Joe’s and Pier 1 Imports. Area demographics include a population of 108,249 within 10 miles earning $131,834 as the median household income. The average daily traffic count is 27,000 vehicles. The asking rent is $20 psf with CAM of $2.50 psf and taxes of $2.50 psf. Marshfield – The Shops at Oceans Gate, a 40,000 sq.ft. strip center situated on 2.5 acres at the intersection of Route 139/ Ocean Street and Webster Street, has spaces available of 1,000 sq.ft.; 3,500 sq.ft. and 7,000 sq.ft. Cotenants include Sleepy’s, Elizabeth Grady, LuxeSmile, Antons Cleaners, Hong Kong, Hauser Deli and Wireless City. Area retail includes Marshalls, Star Market, CVS, Rite Aid, Walgreens and Ocean State Job Lot. Area demographics include a population of 134,829 within 10 miles

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earning $97,078 as the median household income. The average daily traffic count is 35,000 vehicles. The asking rent ranges from $20 psf to $33 psf with CAM of $1.50 psf and taxes of $1.50 psf. For details, contact Mark Shair, M&J Associates, 120 Wells Avenue, Newton, MA 02459; 617-630-4988; Email: mshair123@msn.com.

Hannibal – Huck Finn Shopping Center, a 270,000 sq.ft. power center located at the intersection of U.S. 61/McMasters Avenue and Stardust Drive, has spaces available from 1,000 sq.ft. to 5,000 sq.ft. along with spaces of 25,000 sq.ft. and 40,788 sq.ft. and outlots of one acre and 1.5 acres. Wal*Mart Supercenter, JCPenney and Kroger anchor the center. Cotenants include Dollar General, Maurices, Big Lots and RadioShack. Area retail includes Lowe’s Home Improvement. Area demographics include a population of 135,594 within 30 miles earning $47,469 as the average household income. The average daily traffic count is 20,000 vehicles. For details, contact Harold Fry, Hauck Holding, Ltd., 4334 Glendale-Milford Road, Cincinnati, OH 45242; 513-7333300 Ext. 203, Fax 513-733-8621; Email: hsf@hauckco.com; Web site: www.hauckholdings.com.

Burlington – A center located on Middlesex Turnpike has a 29,848 sq.ft. space available. Area demographics include a population of 159,498 within five miles earning $111,389 as the average household income. For details, contact Rob Lang, Kamin Realty Co., PO Box 10234, Pittsburgh, PA 15232; 412-661-5233, Fax 412-661-8160.

Michigan Flint – A center located on Miller Road has a 45,506 sq.ft. space available. Cotenants include Borders, The Sports Authority and PetSmart. For details, contact Rob Lang, Kamin Realty Co., PO Box 10234, Pittsburgh, PA 15232; 412-661-5233, Fax 412-661-8160.

Dealmakers

www.dealmakers.net

St. Louis – St. Louis Marketplace, a 1.034 million sq.ft. power center located at the intersection of Manchester Avenue and McCausland Avenue, has spaces available of 7,000 sq.ft.; 10,000 sq.ft. and 30,000


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sq.ft. along with outlots of 27,071 sq.ft. and 58,620 sq.ft. Kmart anchors the center and cotenants include Taco Bell and Dollar General. Area demographics include a population of 905,875 within 10 miles earning $37,980 as the median household income. The average daily traffic count is 16,000 vehicles. The asking rent ranges from $7 psf to $12 psf with CAM of $2.25 psf and taxes of $1 psf. Also, Marshalls Plaza, a 103,813 sq.ft. power center situated on 9.14 acres at the intersection of Interstate 55 and Lindbergh Boulevard, has spaces available of 2,411 sq.ft.; 2,631 sq.ft. and 5,042 sq.ft. along with a 26,000 sq.ft. outlot. Marshalls anchors the center and cotenants include JCPenney Home Store and Tuesday Morning. Area retail includes South County Mall. Area demographics include a population of 368,975 within 10 miles earning $44,903 as the median household income. The average daily traffic count is 103,576 vehicles. The asking rent is $14.50 psf with CAM of $2.75 psf and taxes of $1 psf. For details, contact Jared Hancock, Foundation Commercial, 8301 Maryland Avenue, Suite 301, St. Louis, MO 63105; 314-862-4220; Email: jaredh@foundationcommercial.com; Web site: www.foundationcommercial.com.

count is 20,000 vehicles. For details, contact Nicholas Forelli, Rosen Associates Management Corp., 33 South Service Road, Jericho, NY 11753; 516-281-1532, Fax 516-281-1562; Email: nforelli@rosenmgmt.com.

For details, contact Charlotte M. Sousa, Vegas Retail Leasing, LLC, 9101 West Sahara Avenue, Suite 105132, Las Vegas, NV 891175772; 702-245-8425, Fax 866-748-8895; Email: vegasretaillease@aol.com.

Montana Helena – Custer Landing, a power center situated on 15 acres, has spaces available of 1,100 sq.ft. and 3,500 sq.ft. along with a 43,560 sq.ft. outlot. Sportsman’s Warehouse and Office Depot anchor the center. Cotenants include Stockmans Bank and Batteries Plus. Area retail includes Lowe’s Home Improvement, Home Depot, Costco and Target. Area demographics include a population of 53,000 within 10 miles earning $57,900 as the average household income. The average daily traffic count is 24,700 vehicles. The asking rent is $21 psf with CAM of $1.60 psf and taxes of $1.30 psf. For details, contact Eric Howard, Hawkins Cos.; 208-908-5523; Email: ehoward@hcollc.com. Missoula – Holiday Village Shopping Center, a strip center situated on 7.42 acres at the intersection of Brool Street and Stephans Avenue, has a 1,200 sq.ft. space available. Jo-Ann Fabrics, CVS and Dollar Plus anchor the center. Cotenants include China Buffet and Sally Beauty Supply. Area demographics include a population of 74,495 within 10 miles earning $51,763 as the average household income. The average daily traffic

Nevada Las Vegas – Vegas Pointe Plaza, a 278,500 sq.ft. power center situated on 26 acres at the intersection of Las Vegas Boulevard South and Serene Avenue, has spaces available of 3,000 sq.ft.; 5,000 sq.ft. and 10,000 sq.ft. along with outlots of 3,000 sq.ft.; 5,000 sq.ft. and 40,000 sq.ft. Stoney’s Country-Western Nightclub and Antique Mall of America anchor the center. Cotenants include Kids “R” Us, Academy South, Smokin’ Aces, Lucky Nails and Win Place & Show Pet Grooming. Area retail includes Food for Less, AAA, Wal*Mart Neighborhood Grocery and Fresh & Easy Neighborhood Market. Area draws include Silverton & South Pointe Casino Resorts and M Resort. The asking monthly rent starts at $1.50 psf with CAM and taxes of $0.30 psf.

New Jersey Aberdeen – Aberdeen Town Square Shopping Center, a 72,000 sq.ft. strip center situated on 10 acres at the intersection of Route 34 and Cambridge Avenue, has spaces available of 2,200 sq.ft. and 7,500 sq.ft. Cotenants include Rite Aid, Taco Bell, Blockbuster, Verizon Wireless, Neves Jewelers, Mahzu Restaurant and Curves. Area retail includes Bed Bath & Beyond, Famous Footwear, Stop & Shop, Bank of America, Wachovia, TD Banknorth, CVS, McDonald’s and ShopRite. Area demographics include a population of 141,800 within five miles earning $104,200 as the average household income. The asking rent is $18 psf with CAM of $2.75 psf and taxes of $3.50 psf. For details, contact Karen Lafferty or Jim (continued on page forty-four)

wANTed

Real estate Investments Throughout North America Net Leased Investment Properties of All Types: Retail • Office Industrial • Commercial Buildings 10 to 15 Year Lease Term

Prepared to close quickly. Office: (514) 871-9414 Fax: (514) 871-9506 Bob Bassel Cell: (514) 946-9473 Bob Bassel Realties, Inc. 1312 St. Catherine Street West Email: info@bobbassel.com Suite 318 Montreal, Quebec, Canada H3G 1P6

www.dealmakers.net

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Dolan, Florham Realty Group, Inc., 1075 Route 34, Suite G, Aberdeen, NJ 07747; 732-583-1200, Fax 732-583-5050; Email: klafferty@florhamrealty.com; Web site: www.florhamrealty.com. Bergenfield – A 7,300 sq.ft. freestanding building situated on 1.15 acres on North Washington Avenue is available. Area retail includes Walgreens, Stop & Shop, Staples, Clearview Cinema and Dunkin’ Donuts. Area demographics include a population of

New Jersey

New Jersey

27,000 within three miles earning $62,176 as the average household income. For details, contact Stephanie Sauer, A.H. Sauer & Associates, LLC, Neptune Plaza, 332 Route 4 East, South Lobby, Paramus, NJ 07652; 201-843-1600, Fax 201-843-0865; Email: stephaniesauer@gmail.com.

five miles earning $121,553 as the average household income. For details, contact Rob Lang, Kamin Realty Co., PO Box 10234, Pittsburgh, PA 15232; 412-661-5233, Fax 412-661-8160.

Lawrenceville – A center located on Brunswick Pike has a 73,762 sq.ft. space available. The Sports Authority anchors the center. Area demographics include a population of 121,986 within

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Contact us: 3110 25th Street SE Salem, OR 97302 Office: 503-588-8500 Fax: 503-588-8744 Email: bo@rushinggroup.com

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Paterson – Center City Paterson, a 320,000 sq.ft. mixed-use center located at the intersection of Main Street, Ward Street, Clark Street and Smith Street, has spaces available from 2,000 sq.ft. to 40,000 sq.ft. 8Plex Cinema, The Children’s Place and Pay Half anchor the center. Cotenants include GNC, T-Mobile and AT&T Mobility. Area retail includes Foot Locker, GameStop and Shoppers World. Area demographics include a population of 472,000 within 10 miles earning $100,000 as the average household income. For details, contact Stacey Tsapatsaris, Center City Partners, LLC, 20 Wilsey Square, Ridgewood, NJ 07450; 201493-0700, Fax 201-493-0701; Email: info@centercitypaterson.com; Web site: www.centercitypaterson.com. West Paterson – Mountain Ridge Plaza, a strip center located on Overmount Avenue, has a 1,100 sq.ft. space available. Cotenants include Subway, Moda Salon and Foxy. The asking monthly rent is $2,200 gross. For details, contact Pat Dellacave, 271 Tower Ridge, LLC, PO Box 627, Pinbrook, NJ 07058; 973-720-5900, Fax 973-5958338; Email: dellacave@aol.com.

New York Glen Cove – CVS/7-Eleven Shopping Center, a 36,000 sq.ft. strip center located at the intersection of Glen Cove Avenue and Valentine Avenue, has a divisible space of 2,842 sq.ft. available. CVS, 7-Eleven, Starbucks and Sherwin-Williams anchor the center. Cotenants include GNC, Liberty Mutual, Verizon Wireless and Petland Discounts. The average daily traffic count is 21,000 vehicles. For details, contact Rob Gitto, The Realty Group, 414 Main Street, Suite 202, Port Jefferson, NY 11777; 631-4740946 Ext. 4, Fax 631-474-8892; Email: rgitto@therealtygroupny.com. Pearl River – Pearl River Shopping Center, a 57,120 sq.ft. strip center situated on 3.5 acres at the intersection of North Middletown Road and Blauvelt Road, has a 2,000 sq.ft. space available. Dollar General, Dunkin’ Donuts and Pearl River Lanes anchor the center. Area demographics include a population of


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197,591 within five miles earning $129,775 as the average household income. The average daily traffic count is 29,500 vehicles. For details, contact Nicholas Forelli, Rosen Associates Management Corp., 33 South Service Road, Jericho, NY 11753; 516-281-1532, Fax 516-281-1562; Email: nforelli@rosenmgmt.com.

on Greenville Road, has spaces available of 4,800 sq.ft. and 27,600 sq.ft. available. Wal*Mart Supercenter anchors the center and cotenants include Cato, RadioShack, Toys “R” Us, Perkins, Boston Market, Applebee’s, McDonald’s, Payless ShoeSource and Arby’s. For details regarding the Asheville property, contact Lisa Naro, Horne Properties, Inc., 412 North Cedar Bluff Road, Suite 205, Knoxville, TN 37923; 865-560-1100 Ext. 129; Email: lnaro@hpiknox.com. For details regarding the Greenville property, contact Brande Lowe; 865-560-1100; Email: blowe@hpiknox.com.

Area demographics include a population of 28,776 within three miles earning $70,908 as the median household income. The average daily traffic count is 25,000 vehicles. The asking rent is $22.50 psf with CAM of $1.75 psf and taxes of $2.19 psf. Also, Cannon Crossroads, a 67,000 sq.ft. strip center located at the intersection of Poplar Tent Road and Harris Road, has a 1,295 sq.ft. space available along with a 1,450 sq.ft. space with drive-thru and outlots of 48,000 sq.ft.; 55,000 sq.ft. and 67,000 sq.ft. Harris Teeter anchors the center and cotenants include BB&T Bank, SunTrust Bank, Johnny Brusco’s Pizza and Allstate Insurance. Area demographics include a population of 17,449 within three miles earning $86,735 as the median household income. The average daily traffic count is 20,000 vehicles. The asking rent is $24 psf with CAM of $2.25 psf and taxes of $1.25 psf. For details, contact Derek Jones, Raley Miller Properties, 10815 Sikes Place, Suite 300, Charlotte, NC 28277; 704-321-1000, Fax 704321-1001; Email: derek@raleymiller.com; Web site: www.raleymiller.com.

North Carolina Asheville – River Ridge Shopping Center, located at the intersection of Interstate 240 and Fairview Road, has a 3,200 sq.ft. space available. Cotenants include Hamrick’s, Dollar General, McDonald’s, Hallmark, Sally Beauty Supply, Pack N Send, CitiFinancial, Rugged Wearhouse, A.C. Moore, Kitchen & Co., Mr. K’s Bookstore, KFC, Fat Buddies, Hair Emporium, Rent-A-Center, China Buffet, Asheville Bridge Room, Hancock Fabrics, The Music Center, J&S Cafeteria, First Citizens Bank, dressbarn, Little Venice, Weight Watchers and CVS. Area retail includes Riverbend Marketplace, featuring Wal*Mart Supercenter and PetSmart. Greenville – Shops at Goody’s, located

Concord – Coddle Creek Market, a 75,000 sq.ft. strip center located at the intersection of Poplar Tent Road and George W. Liles Parkway, has a 1,990 sq.ft. space available along with a 46,600 sq.ft. outlot. Harris Teeter, CVS, Bank of America and BB&T Bank anchor the center. Cotenants include Quiznos, PostNet and Dilworth Coffee. Area retail includes Food Lion Plaza, Walgreens, and Afton Ridge, featuring Target, Best Buy and Dick’s Sporting Goods.

(continued on page forty-six)

Jersey Shore Retail Opportunities Galloway - Manchester - Toms River - Whiting

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Durham – Northgate Shopping Complex, a 900,000 sq.ft. strip center situated on 45 acres at the intersection of Interstate 85, Gregson Street, West Club Boulevard and Guess Road, has spaces available of 1,000 sq.ft.; 1,500 sq.ft. and 5,000 sq.ft. along with a 0.75-acre outlot. Macy’s, Sears, Stadium 10 at Northgate, Guitar Center and Office Depot anchor the center. Cotenants include Talbots, Victoria’s Secret, Bath & Body Works, Hibbett Sporting Goods, Foot Locker Concepts, Tiger Direct, RadioShack, Ruby Tuesday, Lane Bryant, Merle

North Carolina

Ohio

Norman and Foot Court. Area demographics include a population within 10 miles earning $63,158 as the average household income. The average daily traffic count is 152,000 vehicles. For details, contact Virginia Rand Bowman, Northgate Associates, PO Box 2476, Durham, NC 27715; 919-2864407 Ext. 22, Fax 919-286-3948; Email: ginnyb@northgateassociates.com.

has spaces available from 900 sq.ft. to 1,600 sq.ft. along with a 23,800 sq.ft. space and two spaces of 10,000 sq.ft. Dunham’s Sports and Ollie’s anchor the center. Cotenants include IHOP and Bob Evans. Area retail includes Chillicothe Mall, Wal*Mart and Kohl’s. Area demographics include a population of 242,000 within 10 miles. The asking rent is $5 psf with CAM of $1.65 psf. For details, contact Maria Yocco, Landmark Properties Group, 1848 Route 8, Allison Park, PA 15101; 724-4439000 Ext. 28, Fax 724-443-9010; Email: myocco@landmarkprop.com; Web site: www.landmarkprop.com.

Ohio Chillicothe – Shawnee Square, a strip center,

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Columbus – Columbus Square, a 544,429 sq.ft. strip center located at the intersection of Cleveland Avenue and East Dublin Granville Road, has spaces available of 10,000 sq.ft.; 22,000 sq.ft. and 30,000 sq.ft. along with outlots of 5,320 sq.ft. and 5,654 sq.ft. Ohio Thrift, Columbus Square Bowling Palace, Fashion Bug and Kroger anchor the center. Area demographics include a population of 250,000 within five miles earning $47,000 as the median household income. The average daily traffic count is 30,000 vehicles. Grove City – Broadway Center, an 87,510 sq.ft. strip center located at the intersection of Southwest Boulevard and Broadway, has spaces available of 4,800 sq.ft. and 5,250 sq.ft. Ohio Thrift and Family Dollar anchor the center. Washington Court House – Washington Square, a 245,368 sq.ft. strip center located at the intersection of Elm Street and Route 62, has spaces available of 12,486 sq.ft.; 15,000 sq.ft. and 40,980 sq.ft. Ohio Thrift and Peebles anchor the center. Westerville – Westerville Square, a 169,279 sq.ft. strip center, has spaces available of 15,000 sq.ft.; 17,030 sq.ft. and 55,000 sq.ft. Big Lots and Advance Auto anchor the center. Area demographics include a population of 195,000 within five miles earning $50,076 as the median household income. The average daily traffic count is 40,000 vehicles. For details, contact Stacie Warren, Hadler Cos., 2000 West Henderson Road, Suite 500, Columbus, OH 43220; 614457-6650, Fax 614-457-0095; Email: swarren@hadlercompanies.com; Web site: www.hadlercompanies.com. Parma – A center situated on 10 acres on Brookpark Road has an 89,850 sq.ft. space available. Home Depot, Wal*Mart Supercenter and Sam’s Club shadow-anchor the center. Area retail includes Aldi and Wal*Mart. Area demographics include a population of 130,223 within three miles earning $52,585 as the


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average household income. For details, contact Rob Lang, Kamin Realty Co., PO Box 10234, Pittsburgh, PA 15232; 412-661-5233, Fax 412-661-8160.

5,040 sq.ft.; 6,500 sq.ft. and 43,345 sq.ft. Wal*Mart anchors the center and cotenants include Dollar Tree, Rite Aid, Fashion Bug, RadioShack, Subway, Hollywood Tans, MetroPCS, Pizza Hut and McDonald’s. Area demographics include a population of 219,877 within five miles earning $62,362 as the average household income. Chalfont – New Britain Village Square, a 143,716 sq.ft. strip center located on County Line Road, has spaces available of 1,600 sq.ft. and 10,440 sq.ft. Genuardi’s anchors the center. Area demographics include a population of 121,723 within five miles earning $87,218 as the average household income. For details, contact Ronald B. Ruth, Jr., Centro Properties Group, Two Tower Bridge, Suite 300, Conshohocken, PA 19428; 610-834-7283, Fax 610-941-9338; Email: ronald.ruth@centroprop.com; Web site: www.centroprop.com.

Drive, has spaces available of 1,380 sq.ft.; 1,675 sq.ft.; 2,070 sq.ft. and 6,840 sq.ft. Stein Mart anchors the center and cotenants include Nailstek, Merle Norman, Island Bath & Boutique, Sassy Shears, Il Carpaccio, Tanner Cos., The Children’s Clothing Co., The French Bakery, Low Country Baby, Island Baskets, Paul’s Optical, Too Cute, Heritage Fine Jewelry & Gifts, Daye’s Gullah Fixin’s, Kickin’ Gator Surf Shop, Marco Polo, Vic’s Tavern, Low Country Artiques, USA Coastal Dryclean Inc., Le Bistro, Ichi Japanese, SK Fashions, Paper & Party Plantation and ABC Hearing Clinic. Area demographics include a population of 28,891 within five miles earning $93,526 as the average household income. Lancaster – South Square, a 44,350 sq.ft. neighborhood center located on Airport Road, has a 3,000 sq.ft. space available. Food Lion and CVS anchor the center and cotenants include 88 Chinese Restaurant, Subway and Advance America. Area demographics include a population of 28,866 within five miles earning $44,017 as the average household income. St. George – St. George Plaza, a 59,279 sq.ft. neighborhood center

Oklahoma Enid – Varsity Square Shopping Center, a 110,000 sq.ft. strip center situated on 19 acres at the intersection of U.S. 412 and 30th Street, has spaces available of 3,600 sq.ft. and 36,000 sq.ft. along with three outlots of 43,560 sq.ft. Jumbo Foods anchors the center and cotenants include Central National Bank, Dollar General and Norma J’s. The asking rent is $8 psf with CAM of $0.75 psf and taxes of $0.12 psf. For details, contact Brad Waken, Waken and Co. Real Estate, 1022 Hite Boulevard, Enid, OK 73703-7929; 580-237-5634, Fax 580-2333532; Email: brad@wakencompany.com; Web site: www.wakencompany.com.

Pennsylvania Bristol – Bristol Park, a 267,641 sq.ft. strip center, has spaces available of 4,666 sq.ft.;

South Carolina Hilton Head – Pineland Station, a 128,166 sq.ft. mixed-use community center located at the intersection of Highway 278 and Mathews

(continued on page forty-eight)

HorIzoN ToWN CeNTer

H

orizon Town Center is a rare dualanchored community retail center investment opportunity located in Henderson, Nevada. This offering includes a 105,134 square foot, grocery-anchored, multi-tenant shopping center with a Bank of America pad. It is adjacent to a new Walgreens. This exceptional center is located on Boulder Highway at a new signalized intersection, the major retail corridor for Henderson and the southeast Las Vegas area.

space available

7,200 SF (divisible to 2,000 SF) current Tenants All State Bank of America Big 5 Sporting Goods eB Games Food 4 Less Future Nail Salon

Great Clips Green Valley Carpet IHoP restaurant JP Morgan Chase Lowe’s Tomfoolery

ron Lachman (415) 302-1177 ronlachman@yahoo.com www.horizontowncenter.com www.dealmakers.net

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located on Highway 78, has spaces available of 2,000 sq.ft.; 2,560 sq.ft. and 8,450 sq.ft. Food Lion anchors the center and cotenants include U.S. Postal Service, Family Dollar and Check Into Cash of SC, along with Empire Restaurant occupying an outparcel. Area demographics include a population of 14,088 within 10 miles earning $40,578 as the average household income. For details regarding the Hilton Head property, contact Mike Hastilow, Wheeler Real Estate Co., Riversedge North, 2529 Virginia Beach Boulevard, Suite 200, Virginia Beach, VA 23452; 843-681-8907, Fax 843-689-3368; Email: pwsc@gotierra.net; Web site: www.wheelerint.com. For details regarding the Lancaster and St. George properties, contact Divona Cox; 757-627-9088, Fax 757-627-9081; Email: divona@wheelerrec.com. North Charleston – A 32,000 sq.ft. freestanding building situated on 6.09 acres at the intersection of Northwood Boulevard and Ashley Phosphate Road, along with two outlots of 40,000 sq.ft. Area retail includes Northwood Mall, Target, OfficeMax, The Sports Authority, Marshalls, Michaels, Best Buy and Barnes & Noble. Area demographics include a population of 111,280 within 10 miles earning $53,700 as the average

South Carolina

Tennessee

household income. The average daily traffic count is 30,000 vehicles. For details, contact Jay Blacker, Hawkins Cos., 855 Broad Street, Suite 300, Boise, ID 83702; 208-908-5521, Fax 208-376-8523; Email: jblacker@hcollc.com; Web site: www.hcollc.com.

of Highway 153 and Lee Highway, has spaces available of 22,500 sq.ft. and 39,060 sq.ft. along with a 40,000 sq.ft. outlot. Sportsman’s Warehouse anchors the center and cotenants include Beauty Alliance and Catnapper. Area retail includes Sam’s Club, Wal*Mart and Office Depot. Area demographics include a population of 297,788 within 10 miles earning $54,100 as the average household income. The average daily traffic count is 70,000 vehicles. The asking annual rent is $9 psf. For details, contact Jay Blacker, Hawkins Cos., 855 Broad Street, Suite 300, Boise, ID 83702; 208-908-5521, Fax 208-376-8523; Email: jblacker@hcollc.com; Web site: www.hcollc.com.

Tennessee Athens – McMinn Plaza, a 107,200 sq.ft. neighborhood center located at the intersection of Decatur Pike and Old Riceville Road, has spaces available from 1,600 sq.ft. to 9,914 sq.ft. Ingles Supermarket anchors the center and cotenants include Badcock Furniture, China Wok, Rapid Cash, Hair Kingdom and 1st Franklin Financial. Area demographics include a population of 23,002 within five miles earning $47,063 as the average household income. For details, contact Denbeigh Marchant, Wheeler Real Estate Co., Riversedge North, 2529 Virginia Beach Boulevard, Suite 200, Virginia Beach, VA 23452; 757-627-9088, Fax 757-627-9081; Email: denbeigh@wheelerrec.com; Web site: www.wheelerint.com. Chattanooga – Perimeter Place, a 157,700 sq.ft. power center located at the intersection

out Check EW N r u o rum! o Jobs F

Supermarket Expanding in Chicagoland! Witherell Real Estate is Roundy’s Chicagoland Broker! Roundy’s has developed an exciting new supermarket concept just for Chicagoland! Signed leases @ New City, Lakeshore East, 39th & State, and Arlington Heights! Urban and Suburban sites considered. New or Existing Space. Lease or Purchase. Store size is 60,000 – 80,000 SF. Call Andy Witherell 773-991-4932 andy@witherellrealestate.com www.witherellrealestate.com

Nashville – Priest Lake Plaza, a 105,484 sq.ft. strip center situated on 14 acres at the intersection of Bell Road and Murfreesboro Road, has spaces available of 2,400 sq.ft.; 4,900 sq.ft. and 5,600 sq.ft. CCN Supermarket and Dollar General anchor the center. Area demographics include a population of 116,341 within five miles earning $63,920 as the average household income. The average daily traffic count is 76,660 vehicles. For details, contact Nicholas Forelli, Rosen Associates Management Corp., 33

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Tennessee

Texas

Texas

South Service Road, Jericho, NY 11753; 516-281-1532, Fax 516-281-1562; Email: nforelli@rosenmgmt.com.

McAllen – Central Marketplace, a 103,000 sq.ft. power center situated on 8.99 acres at the intersection of South 10th Street and Jackson Avenue, has spaces available of 2,000 sq.ft.; 3,000 sq.ft. and 26,350 sq.ft. Globe Grocery anchors the center and cotenants include Walgreens, Payless ShoeSource and San Antonio National Bank. Area retail includes H.E.B., Dillard’s, JCPenney, Toys “R” Us, Macy’s, Sears, Kmart and La Plaza Mall. Area demographics include a population of 194,953 within five miles earning $55,564 as the average household

income. The average daily traffic count is 62,320 vehicles. Also, Paseo Plaza, a 34,233 sq.ft. specialty center situated on five acres at the intersection of South 10th Street and Expressway 83, has spaces available of 2,457 sq.ft. and 5,763 sq.ft. Chico’s, Jos. A. Bank, Lens Pro, Starbucks and UBS anchor the center. Cotenants include GameStop, Sprint and Portrait Innovations. Area retail includes Dillard’s, Macy’s, Joe Brand, Sears, Kmart, Wal*Mart, Sam’s Club, H.E.B. and La Plaza Mall. Area demographics include

Texas Houston – Westcroft Center, a 41,950 sq.ft. strip center situated on 2.71 acres at the intersection of Hillcroft Street and Harwin Drive, has spaces available of 1,800 sq.ft. and 5,400 sq.ft. Area demographics include a population of 524,625 within five miles earning $80,004 as the average household income. The average daily traffic count is 80,000 vehicles. The asking rent is $1.50 psf with CAM of $0.43 psf and taxes of $0.32 psf. Also, Woodland’s Gateway, a 110,696 sq.ft. strip center situated on 12 acres at the intersection of FM 1960 and Kuykendahl Road, has spaces available of 20,579 sq.ft. and 55,434 sq.ft. Area demographics include a population of 250,000 within five miles earning $78,000 as the average household income. The average daily traffic count is 100,000 vehicles. The asking rent ranges from $9 psf to $12 psf with CAM of $1.20 psf and taxes of $1.28 psf. Also, Popolo Village, a 58,741 sq.ft. strip center situated on four acres at the intersection of FM 1960 and Stuebner Airline Road, has spaces available from 551 sq.ft. to 3,292 sq.ft. Area demographics include a population of 265,000 within five miles earning $80,000 as the average household income. The average daily traffic count is 85,000 vehicles. The asking rent ranges from $11 psf to $14 psf with CAM of $4 psf and taxes of $1.30 psf. For details, contact Mark Lipman, Gillett Properties, Ltd., 7011 Harwin Drive, Houston, TX 77036; 713-532-5353, Fax 713-5328786; Email: mark@gillettproperties.com; Web site: www.gillettproperties.com. Lufkin – A center located on South Medford Drive has a 22,568 sq.ft. space available. Area demographics include a population of 69,358 within 10 miles earning $53,150 as the average household income. McAllen – A center located on West Expressway 83 has a 45,710 sq.ft. space available. Area demographics include a population of 80,074 within three miles earning $53,488 as the average household income. Temple – A center located on South 31st Street has a 19,372 sq.ft. space available. Area demographics include a population of 55,306 within five miles earning $57,835 as the average household income. For details, contact Rob Lang, Kamin Realty Co., PO Box 10234, Pittsburgh, PA 15232; 412-661-5233, Fax 412-661-8160.

(continued on page fifty)

LONGVIEW, TX CONTINUES TO GROW… Retail & RestauRant oppoRtunities abound Why you should consider locating a restaurant or retail business here: • New Wal-Mart Super Center • Two recently constructed retail shopping centers with three hotels under construction • New full-service bank The Interstate-20 corridor • Travel Center under construction in Longview, TX is ripe • Well-traveled highways & interstate for development. Pad sites, • LeTourneau University with Greenfield sites & retail 3,900+ students space are available. Dine-in • Belcher Performing Arts Center 2,000 seats, 60+ events each year restaurants are needed. • Several large employers • Less than 10 fast food restaurants in the vicinity and no sit-down restaurants • 1,100+ hotel/motel rooms Demographics (within 15 min drive):

• 29,300 Households • Median Income $41,898 • 57,180 Employees Susan Mazarakes Business Development Director 903-753-7878 | 800-952-2613 Fax: 903-753-3646 www.longviewusa.com/I-20 www.dealmakers.net

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Space Place Texas

(continued from page forty-nine)

a population of 202,449 within five miles earning $56,879 as the average household income. The average daily traffic count is 146,720 vehicles. For details, contact Will Collins, Reata Real Estate Services, 7330 San Pedro Avenue, Suite 710, San Antonio, TX 78216; 210-841-3236, Fax 210-930-1114; Email: wcollins@reatares.com; Web site: www.reatarealestate.com. McKinney – Eldorado Plaza, a 225,000 sq.ft. mixed-use specialty center situated on 22 acres at the intersection of U.S. Highway 75/ Central Expressway and Eldorado Parkway, has a 28,000 sq.ft. space available along with outlots of 50,000 sq.ft. and 80,000 sq.ft. Belk, Famous Footwear, Cost Plus World Market, Chico’s, Pier 1 Imports and Lane Bryant anchor the center. Cotenants include Kirkland’s, Starbucks, Chipotle, Justice, Sprint, La Madeleine and Rockfish. Area retail includes Kohl’s, OfficeMax, Bed Bath & Beyond, The Sports Authority, Albertsons and Half Price Books. Area demographics include a population of 151,035 within five miles earning $95,996 as the average household income. The average daily traffic count is 112,980 vehicles. For details, contact Chas Williamson,

Texas

Utah

Corinth Properties, 4645 North Central Expressway, Suite 200, Dallas, TX 75205; 214-219-5600, Fax 214-219-5616; Email: chas@corinthprop.com; Web site: www.corinthproperties.com.

has an 8,842 sq.ft. space available. Staples, Michaels, Ross Dress for Less and Best Buy anchor the center. Cotenants include Shoe Carnival, Verizon Wireless and Chili’s. Area retail includes Cache Valley Mall, Kohl’s, Wal*Mart and Shopko. Area demographics include a population of 90,594 within 10 miles earning $54,455 as the average household income. The average daily traffic count is 31,000 vehicles. The asking annual rent is $12 psf. For details, contact Jay Blacker, Hawkins Cos., 855 Broad Street, Suite 300, Boise, ID 83702; 208-908-5521, Fax 208-376-8523; Email: jblacker@hcollc.com; Web site: www.hcollc.com.

Utah Bountiful – Village on Main, a 50,000 sq.ft. mixed-use center situated on 10 acres at the intersection of Main Street and Pages Lane, has a divisible space of 40,000 sq.ft. available along with outlots of 25,700 sq.ft.; 50,965 sq.ft. and 54,014 sq.ft. Cotenants include Arctic Circle, Snap Fitness, Sheer Indulgence Salon and University of Utah Credit Union. Area demographics include a population of 89,467 within five miles earning $87,040 as the average household income. The average daily traffic count is 34,600 vehicles. The asking rent is $15 psf with CAM of $1.75 psf. For details, contact James Webster, Spire Commercial Group, 1 East Center Street, Suite 300, Provo, UT 84606; 801358-0593, Fax 801-655-0729; Email: webster@spirecommercial.com. Logan – Main Street Marketplace, a 125,000 sq.ft. power center located at the intersection of Main Street and 1400 North,

space for Lease: Stratford, CT Ellington, CT Rocky Hill, CT Clinton, Ma Poughkeepsie, NY Hudson Falls, NY 1,200 to 20,000+ sf out parcels for more Information: Rob Mehlich, Jr. 914-793-5050

www.mehlichassoc.com page 50

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Virginia Mechanicsville – Brandy Hill Plaza, a 67,830 sq.ft. neighborhood center located on Lee Davis Highway, has spaces available from 708 sq.ft. to 3,821 sq.ft. along with two restaurant spaces of 7,600 sq.ft. and 9,100 sq.ft. Food Lion anchors the center and cotenants include Connections Salon & Spa, New York Life Insurance, Scope Services, Jackson Hewitt Tax Service, Mariner Finance, Sports Cards & Collectibles, FasMart, Key Kopy Lock & Safe, Martial Arts World, The Cigarette World, China Wok, Subway, Check-n-Go, Chic


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Virginia

Virginia

Nails, Chanello’s, Amore, VA ABC Store and Nationwide Insurance. Area retail includes McDonald’s, Burger King, KFC and Wendy’s. Area demographics include a population of 79,213 within five miles earning $68,512 as the average household income. Norfolk – Berkley Center, a 51,176 sq.ft. neighborhood center located at the intersection of Berkley Avenue and South Main Street, has a 1,200 sq.ft. space available along with a 0.75-acre outparcel. Farm Fresh anchors the center and cotenants include Family Dollar, Berkley Coin Laundry, Sassy’s Hair & Nail, China Town, Athlete’s Foot, Zero’s, Ntelos and Virginia BBQ. Area demographics include a population of 252,036 within five miles earning $52,448 as the average household income. Onley – Chesapeake Square, a 110,416 sq.ft. neighborhood center located on Route 13/Lankford Highway, has two spaces of 1,400 sq.ft. available along with two storage spaces of 3,200 sq.ft. and 10,568 sq.ft. Food Lion anchors the center and cotenants include Movie Gallery, H&R Block, Top Nails, Hair Art, Rite Aid, Dragon House, Subway, Curves, EZ Loans of VA, Cato, Bestway Rent To Own, Sears and Dollar General. Area retail includes Pizza Hut and Hardee’s. Area demographics include a population of 18,777 within 10 miles earning $50,458 as the average household income. Petersburg – Walnut Hill Plaza, a 91,611 sq.ft. neighborhood center located on Route 301/South Crater Road, has spaces available of 2,850 sq.ft.; 3,720 sq.ft.; 4,328 sq.ft. and 8,066 sq.ft. Maxway and Savea-Lot anchor the center. Cotenants include Simply Fashion, Top’s China, Family Dollar, RIC Nails, Crusader Cash Advance, Beauty World and CitiTrends. Area demographics include a population of 70,753 within five miles earning $51,540 as the average household income. Richmond – Shoppes at T.J. Maxx, a 93,504 sq.ft. neighborhood center located at the intersection of West Broad Street and Tuckernuck Road, has spaces available of 1,267 sq.ft.; 1,755 sq.ft. and 7,822 sq.ft. T.J. Maxx anchors the center and cotenants include Good Wood Furniture Store, West End Trophies, Dalat Restaurant, Island Tobacco & Gifts, Embroid Me, Zero’s, Classic Party Rentals, Celebrity Room Pizza, Beauty Zone, Plato’s Closet, Ava’s Salon and Day Spa and Breakers Sports Grille. Area retail includes David’s Bridal and The New Sino American Café. Area demographics include a population of 181,907 within five miles earning $80,764 as the average household income. For details regarding the Mechanicsville and Richmond properties, contact George Fox, Wheeler Real Estate Co., Riversedge

North, 2529 Virginia Beach Boulevard, Suite 200, Virginia Beach, VA 23452; 757-627-9088, Fax 757-627-9081; Email: george@wheelerrec.com; Web site: www.wheelerint.com. For details regarding the Norfolk, Onley and Petersburg properties, contact Angelica Beltran; 757-627-9088, Fax 757-627-9081; Email: angelica@wheelerrec.com.

Best Buy, Mattress Warehouse, FedEx Office and Five Below anchor the center. Area retail includes Virginia Center Commons Mall. Area demographics include a population of 100,622 within five miles earning $71,982 as the average household income. The average daily traffic count is 46,000 vehicles. For details, contact Tred Spratley, Sigma National, Inc., 1213 Mall Drive, Richmond, VA 23235; 804-423-5335, Fax 804-423-5339; Email: tredspratley@sigmanational.com; Web site: www.sigmanational.com.

Richmond – Best Buy Plaza, a strip center situated on 1.5 acres at the intersection of Route 1/Brook Road and J.E.B. Stuart Parkway, has a 3,500 sq.ft. space available.

(continued on page fifty-two)

THE BAY TERRACE LIFESTYLE CENTER

Bayside — Queens, NY

Up to 7,200 square ft. of Retail Space Available for Lease

Comments • Located in Densely Populated Queens County • A mix of National and Specialty Retailers, Restaurants, and AMC Multiplex Theater • Ample free parking • Easily accessible form the Cross Island Parkway and the Clearview Expressway Radius

Population

Average H.H. Income

Total Households

1 mile

34,924

$88,838

14,814

3 miles

329,498

$81,977

122,846

5 miles

852,911

$78,750

297,199

For information, please contact: Patricia Walsh, Leasing Dept. (718) 947-7110 pwalsh@cordmeyer.com www.bayterrace.com | www.cordmeyer.com www.dealmakers.net

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Space Place Virginia

(continued from page fifty-one)

Roanoke – A 49,592 sq.ft. freestanding building situated on 5.286 acres at the intersection of Hershberger Road and Ferncliff Avenue is available. Area retail includes Home Depot, Burlington Coat Factory, Big Lots, Schewels, Target, Wal*Mart and Valley View Mall, featuring JCPenney, Macy’s and Sears. Area demographics include a population of 220,953 within 10 miles earning $61,600 as the average household income. The average daily traffic count is 27,000 vehicles. The asking annual rent is $12.50 psf. For details, contact Jay Blacker, Hawkins Cos., 855 Broad Street, Suite 300, Boise, ID 83702; 208-908-5521, Fax 208-376-8523; Email: jblacker@hcollc.com; Web site: www.hcollc.com. York County – Lakeside Drive Retail Shops, an 8,400 sq.ft. strip center situated on one acre at the intersection of Route 17 and Lakeside Drive, has spaces available of 1,200 sq.ft. and 2,400 sq.ft. Cotenants include Zero’s Subs and Nails 3000. Area retail includes Starbucks, Supercuts, CVS,

Virginia

West Virginia

Rite Aid, Bank of America and Wendy’s. Area demographics include a population of 100,000 within five miles earning $75,000 as the average household income. The average daily traffic count is 50,000 vehicles. The asking rent is $25 psf with CAM of $1.50 psf and taxes of $1 psf. For details, contact Robbie Brown, Robert Brown & Associates, Inc., 5800 Lake Wright Drive, Suite 104, Norfolk, VA 23502; 757-461-0000, Fax 757-461-1630; Email: robbiebrown@robertbrownassociates.com; Web site: www.robertbrownassociates.com.

Emails: kathy@simpsonproperties.net and don@simpsonproperties.net.

West Virginia Charleston – Shops at Kanawha, a 300,000 sq.ft. mixed-use center located at the intersection of MacCorkle Avenue, Interstate 77 and Interstate 64, has spaces available from 1,100 sq.ft. to 23,000 sq.ft. along with two outparcels. Elder-Beerman, Gabriel Brothers and Kroger anchor the center. For details, contact Kathy Fox or Donald Simpson, Simpson Properties, Inc., 239 Main Street, Fifth Floor, Johnstown, PA 15901; 814-539-8900, Fax 814-539-8901;

Matthew E. Kasindorf, Esq. Co-Chair Real Estate Department Actively Serving the Real Estate Community for Over 25 Years 2 Grand Central Tower 140 East 45th Street, 19th Floor New York, NY 10017 Telephone (212) 655-3500 Facsimile (212) 655-3535 page 52

June 5, 2009

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Wisconsin Wisconsin Rapids – Rapids Mall, a 160,000 sq.ft. center situated on 10.5 acres at the intersection of Grand Avenue and Riverview Expressway, has spaces available of 500 sq.ft.; 1,000 sq.ft.; 2,000 sq.ft. and 7,000 sq.ft. JCPenney, Younkers and Associated Bank anchor the center. Cotenants include Christopher & Banks, Hallmark, Winslow’s, GNC, Bath & Body Works, Vanity, Subway, Weight Watchers, PC Doctors, Rapids Rehab, The In Boutique, Bethesda, Tropical Smoothie and Tuscany Steak & Pasta Restaurant. Area retail includes Wal*Mart Supercenter and Shopko. Area demographics include a population of 40,000 within five miles earning $59,153 as the average household income. The asking rent is $5 psf with CAM of $1 psf and taxes of $1 psf. For details, contact Arkady Livs, A-Life II, LLC, 425 Huehl Road, Suite 4A, Northbrook, IL 60062; 847-480-5500, Fax 847-580-4953; Email: arkadylivs@yahoo.com; Web site: www.rapidsmall.com. DM


Most Valuable Players AEI Capital Corporation........................................................... Pg. 38

City of Longview, Texas........................................................... Pg. 49

AmCap Incorporated............................................................... Pg. 19

City of Orange, California........................................................ Pg. 18

Autozone................................................................................... Pg. 6

Cord Meyer Development LLC................................................ Pg. 51

Barclay Group........................................................................... Pg. 9

Dealmakers, The..................................................................... Pg. 48

Block & Company, Inc............................................................. Pg. 36

DJM Realty.............................................................................. Pg. 11

Bob Bassel Realties, Inc........................................................... Pg. 43

Douglas Realty, Inc.................................................................. Pg. 53

Borrus Associates..................................................................... Pg. 40

EZCorp.................................................................................... Pg. 34

Cedar Shopping Centers, Inc..................................................... Pg. 5

Faison...................................................................................... Pg. 16

Center City, Paterson, NJ......................................................... Pg. 41

Greater Killeen Chamber of Commerce................................... Pg. 20

Children of America.................................................................. Pg. 7

Grocery Outlet Bargain Market................................................ Pg. 14

City of Bastrop, Texas.............................................................. Pg. 52

Hawkins Companies................................................................ Pg. 23

City of Bowie, Maryland.......................................................... Pg. 25

Horizon Town Center.............................................................. Pg. 47

City of Cocoa, Florida.............................................................. Pg. 27

(continued on page 54)

CE A P S W NO BLE ILA A V A

Waukegan, Illinois (located north of Chicago)

Douglas Centre

2603 - 2709 Grand Avenue

Average Family Income: 1 mile radius: $60,742 3 mile radius: $63,923

2,652 s.f. AVAILABLE (will divide to 1,326 s.f. each) 3,211 s.f. AVAILABLE (will divide to 1,482 s.f. or 1,729 s.f.) | 3,920 s.f. AVAILABLE 28,153 s.f. AVAILABLE (will divide from 6,000 s.f. and up)

McArec Road

65,000 cars per day Ample parking L SiGN Population: DiGiTA ANT 1 mile radius: 22,035 FOR TEN G 2 mile radius: 73,389 ADVERTiSiN 3 mile radius: 116,553

BROK ERS! FuLL COMM iSiON

lewis food market* 82,000 s.f.

Can be one unit

*

* not owned by douglas Centre

Arlene Wasserman Leasing Agent Call: 1-800-466-1460

TENANTS • Dr. Parreno Clinic

• Star Nails

• VPAS Dental

• Quick Cash

Contact Arlene for more information

• Best Com

• Accelerated Health Systems

Office Email: dcdri@sbcglobal.net

• King’s Buffet

• Rent-A-Center

My cell phone # is Arlene (414) 305-6580

• Taco El Norte

• J-Mart Beauty Supply

• H&R Block www.dealmakers.net

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Dealmakers

June 5, 2009

page 53


Most Valuable Players (continued from page 53)

Rivercrest Realty Investors....................................................... Pg. 33

Karpoff Affiliates, LLC.............................................................. Pg. 15

Riverside County EDA............................................................. Pg. 39

Kay Realty Services LLC........................................................... Pg. 45

Royal Properties, Inc................................................................ Pg. 17

McCollum Realty Ltd............................................................... Pg. 50

Rushing Real Estate, Inc........................................................... Pg. 44

Mehlich Associates.................................................................. Pg. 50

Sackar Company, The.............................................................. Pg. 35

Meislik & Meislik Retail Real Estate Law.................................. Pg. 46

Stuart Makler & Associates, Inc................................................ Pg. 28

Meister Seelig & Fein LLP........................................................ Pg. 52

Triland Properties, Inc..................................................................IBC

New England Retail Properties, Inc............................. Pgs. 12, 13, 37

Triyar Cannon Group.............................................................. Pg. 21

Nielson Claritas....................................................................... Pg. 10

Urstadt Biddle Properties, Inc.................................................. Pg. 22

Park Center, LLC...................................................................... Pg. 47

Vanick Properties, Incorporated............................................... Pg. 26

Pyramid Brokerage Company.................................................. Pg. 24

Weiss Realty............................................................................ Pg. 42

Rappaport Companies, The........................................................ Pg. 8

Winick Realty Group....................................................................IFC

RCS Real Estate Advisors...............................................................BC

Witherell Real Estate................................................................ Pg. 48

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June 5, 2009

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