Reporting The Nation’s Weekly News on Retailing & Retail Real Estate
Volume XXV No. XXII
June 11, 2010
Home-Related Chains Expand Nationwide Kwal-Howells, Inc. trades as Kwal-Howells Paint & Wallcoverings at 96 locations throughout AL, AR, CO, ID, KS, MO, NE, NM, OK, TX, UT and WY. The home improvement centers occupy spaces of 3,500 sq.ft. in freestanding locations and strip centers. Limited growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run three years. A vanilla shell is required. Preferred demographics include a population of 100,000 within five miles. Major competitors include Sherwin-Williams and Home Depot. The company is site-selective. For more information, contact Jim Gamberg, Kwal-Howells, Inc., 3900 Joliet Street, Denver, CO 80239; 303-371-5600, Fax 303-373-5688; Web site: www.kwalhowells.com. Ace Hardware operates 4,600 locations nationwide. The stores, offering lawn and garden products, paint supplies, outdoor living items, tools, hardware, plumbing and electrical items, as well as heating and cooling and automotive supplies, occupy spaces of 10,000 sq.ft. to 12,000 sq.ft. in community and neighborhood shopping centers. Growth opportunities are sought throughout DE, NJ and eastern PA during the coming 18 months, with representation by Legend Properties, Inc. For more information, contact David DePetris, Legend Properties, Inc., 1001 East Hector Street, Suite 120, Conshohocken, PA 19428; 610-9414034 Ext. 5010, Fax 610-941-4038; Web site: www.acehardware.com.
Blinds To Go, Inc. trades as Blinds To Go at 100 locations throughout CT, DE, FL, MA, MD, MI, NJ, NY, PA, VA and as Le Marche Du Store at locations throughout Ontario and Quebec, Canada. The stores, offering custom-made blind blinds and shades, occupy spaces of 3,000 sq.ft. to 4,000 sq.ft. in freestanding locations and endcaps of shopping centers. Growth opportunities are sought throughout Boston, MA during the coming 18 months. Typical leases run 10 years with three, five-year options. A turnkey is preferred. Preferred cotenants include Home Depot and Lowe’s Home Improvement. For more information, contact Yves Pardo, Blinds To Go, Inc., 3510 St. Joseph Boulevard East, Montreal, Quebec, Canada H1X 1W6; 514-255-4000, Fax 514-259-9992; Email: ypardo@blindstogo.com; Web site: www.blindstogo.com. Gillroy’s Hardware operates 26 locations throughout GA and MI. The home improvement stores, offering hardware items and plumbing, electrical and lawn and garden supplies, occupy spaces of 8,000 sq.ft. to 10,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. The company prefers to acquire sites. For more information, contact Bob Morgan, Gillroy’s Hardware, 6429 West Pierson Road, Flushing, MI 48433; 810-659-2291, Fax 810659-5019; Web site: www.gillroys.com. (continued on page twenty-four)
This issue contains information on:
* Retailers operating 48,810 locations with plans to open 1,159 sites * Real estate valued in excess of $32.5 million to be bought, sold & financed * Leasing activity on over 10.1 million sq.ft. of retail properties
Important News Please Expedite
Postmaster: Periodical
The Dealmakers cares about our environment
This package is recyclable where facilities accept
Featuring Post-Show ICSC RECon Real Estate Convention 2010 New Construction Carolina Holdings, Inc. is developing a 7.1-acre project in Pace, FL............................. Pg. 3 Profile|Welco Realty, Inc...... Pg. 4 Buyers & Sellers Mason Asset Management looks to acquire properties throughout the eastern half of the U.S.................................. Pg. 8 Food Retailers Expand Jimmy John’s Gourmet Sandwiches seeks locations nationwide............................ Pg. 10 Exclusives Colliers International represents Macy’s throughout GA........................................ Pg. 12 Openings AnnTaylor Stores Corp to open 30 locations this year.... Pg. 14 Focus Brands plans 60 Schlotzsky’s Deli openings nationwide............................ Pg. 17 Lease Signings Garden Commercial Properties signed a lease with Best Buy in Riverdale, NJ....... Pg. 18 Lead Sheet Versent Corp. plans Laser Quest openings throughout select markets nationwide and in Canada....................... Pg. 20 Learning Express, Inc. to open stores nationwide.................. Pg. 22 Space Place........................... Pg. 25 In the News Morrison & Foerster, LLP named Brett Miller co-chair of the company’s distressed real estate group........................... Pg. 28 Most Valuable Players........... Pg. 38
For more news go to: www.dealmakers.net Mobile Access Code: postrecon2010