Reporting The Nation’s Weekly News on Retailing & Retail Real Estate Volume XXX No. XXII
June 12, 2015
FEATURING SUPERMARKET CHAINS EXPAND Metropolitan Market operates six locations throughout the Puget Sound area and western WA. The upscale supermarkets, featuring bakery, deli, meat and gourmet cheese departments, as well as offering natural and organic foods, occupy spaces of 25,000 sq.ft. to 35,000 sq.ft. in freestanding locations and strip centers. Plans call for two openings throughout Seattle, WA during the coming 18 months, with representation by DJT Realty Advisors. Preferred demographics include a population of 30,000 within two miles. The company prefers to locate in areas with high foot and vehicular traffic counts. For more information, contact Dean J. Trenery, DJT Realty Advisors, 2068 42nd Avenue East, Seattle, WA 98112; 206-301-0360, Fax 206-3010530; Email: djtrealtyseattle@aol.com; Web site: www.metropolitan-market.com.
Martin’s Super Markets, Inc. trades as Martin’s Super Market at 22 locations throughout IN and MI. The supermarkets, offering produce, deli, floral, bakery, pet supply and wine and spirits departments, as well as offering gasoline facilities, occupy spaces of 40,000 sq.ft. to 75,000 sq.ft. in freestanding locations and strip centers. Plans call for one opening within 60 minutes of South Bend, IN during the coming 18 months. Major competitors include Walmart, Kroger and Meijer. A land area of at least 10 acres is required for freestanding locations. For more information, contact Pam Smith, Martin’s Super Markets, Inc., PO Box 2709, South Bend, IN 46680; Email: psmith@martins-supermarkets.com; Web site: www.martins-supermarkets.com.
Save Mart Supermarkets, A California Corp. trades as Save Mart, Food Maxx and Lucky Supermarkets at 225 locations throughout central and northern CA and northern NV. The supermarkets occupy spaces of 45,000 sq.ft. to 55,000 sq.ft. in neighborhood strip centers. Growth opportunities are sought throughout central, northern and along the central coastline areas of CA during the coming 18 months. For more information, contact Jim Cipolla, Save Mart Supermarkets, A California Corp., 1800 Standiford Avenue, Modesto, CA 95350; 209-577-1600, Web site: www.savemart.com.
El Rio Grande Latin Market operates seven locations throughout TX. The supermarkets, catering to a Latino clientele, occupy spaces of 30,000 sq.ft. to 50,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing market during the coming 18 months. For more information, contact Director of Real Estate or Araceli Sanchez, El Rio Grande Latin Market, 11411 Hillguard Road, Dallas, TX 75243; 214-751-2290/214-884-3131; Web site: www.elriogrande.net. (continued on page eight)
THIS ISSUE CONTAINS INFORMATION ON: • Retailers operating 89,318 locations with plans to open 4,162 sites • Real estate valued in excess of $288 million to be bought, sold & financed • Leasing activity on over 4.2 million sq.ft. of retail properties WS Postmaster: Periodical T NE E N A T R DIT IMPO SE EXPE A PLE
NATIONAL FOCUS New Construction CIM Group to redevelop enclosed mall in CA................... Pg. 3 Buyers and Sellers Cohen Real Estate brokers $32 million acquisition...................... Pg. 4 Who’s Opening and Where Access Clinical Partners to open up to 80 urgent care centers....... Pg. 5 Aldi projects 650 store openings Pg. 5 Food Chains Expand Del Taco targets 25 openings...... Pg. 6 Bojangles to open 90 locations.... Pg. 6 Krystal projects 50 new sites....... Pg. 6 Making the News Lee & Associates taps senior vice president.................................... Pg. 7 Sources of Financing Cronheim Mortgage closes $140 million loan................................ Pg. 7 Lease Signings L3 Corp. inks deal with Dick’s Sporting Goods in MO............... Pg. 7 Exclusives and Tenant Reps CBRE | Fameco reps Bubba’s 33 in NJ and PA............................... Pg. 8 Lead Sheet Barnes & Noble grows in CA
Pg. 9
P.C. Richard & Son continues growth........................................ Pg. 11 Uno De 50 looking to open 12 stores.......................................... Pg. 11 Space Place................................ Pg. 14
With 60 years of development experience , Lone Star Equities, Inc. provides prime properties for all. We are actively looking to expand our tenancy and our existing property portfolio. PROPERTY AVAILABILITIES
IOWA
NORTH CAROLINA
ALABAMA
Thunder Ridge Court Cedar Falls, IA H&R Block, CVS Pharmacy 500-30,000 SF
Parkview Shopping Center Kinston, NC Queen Street Supermarket 1,500-7,000 SF
Former CUNA Insurance Building Waverly, IA Office Space 45,217 SF
Parklane Plaza Rutherfordton, NC Fred’s 5,648-7,552 SF
KENTUCKY
OHIO
Lebanon Trade Center Lebanon, KY Subway, Hibbet Sports 1,300-15,800 SF
Snowville Plaza Shopping Center Parma, OH Dollar General 2,000-12,000 SF
Adamsville Shopping Center Adamsville, AL Super Dollar, Outlot Parcel Avail. 20,593 SF Cherokee Plaza Shopping Center Centre, AL Dollar General, Goody’s, Fred’s, Hibbet Sports 2,000-30,000 SF ARIZONA North Park Plaza Shopping Center Winslow, AZ Subway, Hibbet Sporting Goods, Snap Fitness 5,500-15,000 SF INDIANA One Stop Shopping Center La Porte, IN Family Dollar, Dollar General, 2,600-5,000 SF
LOUISIANNA Sunset Village Shreveport, LA Burger King, Super Market Anchor 5,775-28,500 SF
TENNESSEE Commercial/ Office Space Cookeville, TN 32,700 SF
Eastgate Shopping Center Franklinton, LA Dollar General, Dirt Cheap 225-6,240 SF
Ask About Our Various Opportunities Across The Nation
Contact us today to set up an appointment to meet with our leasing representatives.
Elan Oved | elan@lseint.com Richard Davies | nyo@lseint.com 100 Atlantic Avenue | Lynbrook, NY 11563 | Tel: 516.599.3700 Fax: 516.599.0992 | www.lseint.com
NEW CONSTRUCTION Pinnacle Design Group, Inc. is proposing the development of Tiger Square, a 36,000 sq.ft. development located along Frederick Road in Auburn, AL. Plans call for three buildings including a 20,000 sq.ft. unit, a 7,500 sq.ft. building and 9,000 sq.ft. building. An endcap with a drive-thru is available. The center is slated to open during early 2016. For more information, contact Pinnacle Design Group, Inc., 570 Devall Drive, Suite 303, Aubrn, AL 36832; Web site: www.pinnacledesigninc.com.
President/Publisher Ann O’Neal • ann@dealmakers.net Editor Erin Dunkley • erin@dealmakers.net Editor Stephanie Weaver • stephanie@dealmakers.net Creative Director Anthony Pingicer • anthony@dealmakers.net Account Executive Nicole Papa • nicole@dealmakers.net Executive Assistant Kait Kelly • kait@dealmakers.net Co-Founder Ted Kraus • 1979–2007
The DealmakersTM (ISSN 1055-0771) is published weekly except for the weeks of January 1st, July 4th, the ICSC's Spring and Fall Conventions and December 25th for $344 per year U.S., foreign $419 by TKO Real Estate Advisory Group Inc., PO Box 2630, Mercerville, NJ 08690-0630. The Dealmakers TM reports on over 20,000 retailers, developers and management companies every year. It is written by real estate professionals for real estate professionals. The newsletter keeps readers abreast of the latest leasing, development and management changes occurring in the real estate industry on a weekly basis. NOTE: Current federal law requires written consent from a company prior to utilizing the published fax number. Share The DealmakersTM with your organization or service for free. Just let us know when your next meeting is and we'll send you copies of our issue for free for your members to learn how to be a better dealmaker! POSTMASTER: Send address changes to The Dealmakers, PO Box 2630 Mercerville, NJ 08690-0630. Periodical postage paid at Trenton, NJ and at additional mailing offices. Affiliated with Tenant Search, E.S.P., E-Blast Copyright 2015 by TKO Real Estate Advisory Group Inc. 609-587-6200, fax 609-587-3511.
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CBRE | Fameco is preleasing King of Prussia Town Center, a mixed-use development situated on 125 acres in King of Prussia, PA. Plans call for 260,000 sq.ft. of retail space, 3,000 residential units, a 1.2-million sq.ft. office/hospitality component and a 130,000 sq.ft. pediatric hospital. An existing 130,000 sq.ft. Wegmans grocery store anchors the retail portion and cotenants will include LA Fitness, REI, Nordstrom Rack, Ulta and Old Town Pour House. The site is across from King of Prussia Mall, a 2.39-million sq.ft. mall tenanting more than 400 stores, including Crate & Barrel, Neiman Marcus, Macy’s, Bloomingdale’s, Urban Outfitter and The Cheesecake Factory. Area demographics include a population of 286,985 within a seven-mile radius earning $115,815 as the average household income. The average daily traffic count is 260,000 vehicles at the intersection of Route 202 and Route 422. For more information, contact Adam Kohler, Rich Guthridge or Mallory McCloskey, CBRE | Fameco, 484-567-2460/2364/2468; Emails: adam.kohler@cbre.com; rich.guthridge@cbre.com and mallory.mccloskey@cbre.com; Web site: www.cbre.com. A proposed strip center development, situated on 20 acres, is available for ground lease, build-to-suit or for sale along Interstate 10 Service Road between Crowder Road and Read Boulevard in New Orleans, LA. The project is across from Lake Forest Shopping Center and adjacent to Lowe’s Home Improvement. Area demographics include a population of 352,950 within a 10mile radius earning $47,917 as the average household income. The average daily traffic count is 30,058 vehicles along Interstate 10. For more information, contact Glen Wilson or Katina Spera, The Feil Organization, 7 Penn Plaza, New York, NY 10001; 504835-8000; Email: gwilson@feilorg.com and kspera@feilorg.com; Web site: www.feilorg.com. Ross Realty Investments is preleasing Sheridan Village, a planned strip center development to be located along Sheridan Street in Pembroke Pines, FL. Spaces from 1,200 sq.ft. are available. Area retailers include Lowe’s Home Improvement, Publix and Cinemark. Area demographics include a population of 80,000 within a three-mile radius. The average daily traffic count is 41,000 vehicles. The center is slated for occupancy during early 2016. For more information, contact Tom Ross or Bob Sherman, Ross Realty Investments, 3325 South University Drive, Suite 210, Davie, FL 33328; 954-452-5000 Ext. 213/214.
Renaud Consulting is preleasing a retail development situated on 1.62 acres along Ashton Avenue in Manassas, VA. Spaces from 1,369 sq.ft. to 15,472 sq.ft. are available. Area retailers include Costco, Sheetz, Panda Express, Starbucks and Bull Run Plaza, featuring Shoppers, PetSmart, Office Depot, Ross Dress for Less, Dick’s Sporting Goods and Michaels. Area demographics include a population of 166,465 within a five-mile radius earning $109,310 as the average household income. The average daily traffic count is 26,000 vehicles. For more information, contact John Marigliano or Dean Neiman, Renaud Consulting, 8605 Westwood Center Drive, Suite 410, Vienna, VA 22182; 571-765-4423/4431; Emails: jmarigliano@renaudconsulting.net and dneiman@renaudconsulting.net; Web site: www.renaudconsulting.net. CIM Group is redeveloping Montclair Plaza, a mall located along East Montclair Plaza Lane in Montclair, CA. The first phase of development calls for a movie theater, parking garages and a pedestrian district around two freestanding restaurants, with completion slated during late 2016. The second phase will be completed during mid2018. Macy’s, Nordstrom, JC Penney and Sears currently anchor the center. For more information, contact CIM Group, 4700 Wilshire Boulevard, Los Angeles, CA 90010; 323-860-4900; Web site: www.cimgroup.com. Metro Commercial Real Estate is preleasing a development located along Route 30 in Joliet, IL. The site can accommodate restaurant, retail or automotive uses. Area retailers include Best Buy, Pier 1 Imports, hhgregg, and Joliet Commons, featuring Ross Dress for Less, PetSmart, Guitar Center, Old Navy, Famous Footwear, Five Below, Target, Eddie Bower and Jo-Ann Fabrics. The average daily traffic count is 20,000 vehicles. For more information, contact Steve Baer, Metro Commercial Real Estate, 56 Skokie Valley Road, Highland Park, IL 60035; 847412-9898; Email: sbaer@metrocre.com; D Web site: www.metrocre.com. M
FOR PRESS COVERAGE ON YOUR PROPOSED OR NEW CONSTRUCTION OR REDEVELOPMENT PROJECT SEND INFO TO ANN@DEALMAKERS.NET June 12, 2015 | Page 3
BUYERS AND SELLERS Calkain Cos. is selling two Family Dollar stores located along East Antioch Street in Delight, AR for $1.236 million with a Cap rate of 6.35% and along Portland Road in Gray, ME with an asking price of $1.731 million with a Cap rate of 6%. The company also recently negotiated the sale of a Family Dollar in McKeesport, PA for $2.054 million with a Cap rate of 6.25%. For more information, contact Andrew Fallon or Patrick Nutt, Calkain Cos.; 703-787-4733/954-302-7365; Emails: afallon@calkain.com and patrick.nutt@calkain.com; Web site: www.calkain.com. Cohen Real Estate recently negotiated the sale of Pinecrest Town Center, a 93,800 sq.ft. mixed-use center located along South Dixie Highway in Pinecrest, FL. The property was acquired for $32 million with a Cap rate of 6.3%. The company represented the buyer and the seller in the transaction. For more information, contact Helen Putterman, Ric Kaiser or Vera Thomas, Cohen Real Estate, 9 East 40th Street, New York, NY 10016; 212-803-5776/5777/ 5771; Emails: putterman@cohenco.com; kaiser@cohenco.com and thomas@cohenco.com; Web site: www.cohenco.com. Gable Realty Group is acquiring strip or power centers throughout TX. Suitable properties have a minimum 50% occupancy rate and are priced at off market values. For more information, contact Nathan Malka, Gable Realty Group, 17762 Preston Road, Suite 111, Dallas, TX 75252; 214-247-6327, Fax 866-472-9752; Email: gablerealty@gmail.com; Web site: www.gablemanagement.com.
Friedman Integrated Real Estate Solutions recently negotiated the sale of Bay Valley Shopping Center, a 194,129 sq.ft. retail center located along Tittabawasee Road in Saginaw, MI. At the time of the sale, Lowe’s Home Improvement shadow-anchored the site and tenants included Hobby Lobby, Office Max and Big Lots. The company represented the seller and the buyer in the transaction. For more information, contact Michelle McGuckin, Friedman Integrated Real Estate Solutions, 34975 West Twelve Mile Road, Farmington Hills, MI 48331; 248-324-2000; Web site: www.friedmanrealestate.com. Cushman & Wakefield recently negotiated the sale of Harlingen Corners, a 197,872 sq.ft. regional power center located in Harlingen, TX. At the time of the sale, the property was 94% occupied and tenants included Bed Bath & Beyond, Burlington, Hibbett Sports, Kirkland’s, Marshalls, Mattress Firm, Shoe Carnival and Ulta. For more information, contact Tom Salanty, Cushman & Wakefield, 2101 Cedar Springs Road, Suite 900, Dallas, TX 75201; 972-6639693; Email: tom.salanty@cushwake.com. Institutional Property Advisors, a division of Marcus & Millichap, recently negotiated the sale of Springfield Commons, a 207,497 sq.ft. shopping center situated on 26.5 acres along Bechtle Avenue in Springfield, OH. At the time of the sale, tenants included Lowe’s Home Improvement, Best Buy, PetSmart, Aaron’s, Planet Fitness and Mattress Firm. The property was acquired for $19.9 million. For more information, contact Institutional Property Advisors, 23975 Park Sorrento, Suite 400, Calabasas, CA 91302; 818212-2250, Fax 818-212-2258; Web site: www.ipausa.com.
CBRE, Inc. is selling San Diego Marketplace, a 70,721 sq.ft. shopping center situated on 5.07 acres along Euclid Avenue in San Diego, CA. The property is currently 100% occupied and shadow-anchored by Rite Aid and Big Lots. Tenants include dd’s discounts and Family Dollar. Area retailers include US Bank, Auto Zone, Rent-A-Center and Union Bank. Area demographics include a population of 20,185 within a one-mile radius. The asking price is $13.75 million with a Cap rate of 5.62%. The company is also selling a freestanding Taco Bell located along Big Fish Drive in Sparks, NV. The tenant is bound to a NNN ground lease featuring 17 years remaining on the initial term and 15% rental escalations every five years, with four, five-year renewal options through 2062. Area retailers include Lowe’s Home Improvement, Target, Scheels and a 12-screen Galaxy Imax theater. The average daily traffic count is 23,500 vehicles. The NOI is $150,000. The asking price is $2.6 million with a Cap rate of 5.75%. The company is also selling a freestanding Walgreens located along Harrison Street in Sedro Woolley, WA. The tenant is bound to a NNN lease featuring 67 years remaining on the initial term. The asking price is $7.1 million with a Cap rate of 5.28%. For more information regarding Taco Bell, contact Aiman Noursoultanova, CBRE, Inc., 6900 South McCarran Boulevard, Suite 3000, Reno, NV 89509; 775-823-6983; Email: aiman.noursoultanova@cbre.com; Web site: www.cbre.com. For more information regarding Walgreens, contact Craig Wilson or Steve Sutherland, 10885 Suite 500, Bellevue, WA 90004; 425-4626922/6927; Emails: craig.wilson@cbre.com and sr.sutherland@cbre.com. For more information regarding San Diego Marketplace, contact Reg Kobzi, Dave Hagglund or Mark McGovern, CBRE, Inc., 4365 Executive Drive, Suite 1600, San Diego, CA 92121; 858-546-4604/4614/4662; Emails: reg.kobzi@cbre.com, dave.hagglund@cbre.com and mark.mcgovern@cbre.com; Web site: www.cbre.com. DM
DOWNLOAD OUR MOBILE APP AND STAY UPDATED! WWW.DEALMAKERS.NET/APPS Cohen Real Estate recently negotiated the sale of Pinecrest Town Center in Pinecrest, FL. Page 4 | June 12, 2015
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WHO’S OPENING AND WHERE Wegmans Food Markets, Inc. (585-3282550) is planning to open a 74,000 sq.ft. Wegmans supermarket at a new retail development located in the Navy Yard section of Brooklyn, NY during 2017. The chain of specialty supermarkets, featuring bakery, deli, floral, meat and seafood products, as well as offering gourmet food items and a wine and spirits section, operates more than 85 locations throughout MA, MD, NJ, NY, PA and VA. Raising Cane’s Chicken Fingers (866-5522637) plans to open up to 13 restaurants throughout the Tri-State area of OH by 2019. Good Times Restaurants, Inc. (303-3841400) is planning to open Good Times Burgers + Frozen Custard locations outside of its current existing markets in CO and NC during the coming two years. The company trades as Bad Daddy’s Burger Bar and Good Times Burgers + Frozen Custard. Pie Five Pizza Co. (855-955-7435), through a franchisee agreement, is planning to open up to 24 restaurants throughout the northeastern region of the U.S., in areas throughout DE, Philadelphia, Montgomery County and eastern PA, northern MD and Cherry Hill and southern NJ, with the first location slated to open during the fall in Dover, DE. The company currently operates 47 locations throughout 13 states. Corner Bakery Café (972-619-4100), through a franchisee expansion plan, is seeking to open restaurants throughout the southeastern region of the U.S., with a focus in Birmingham, AL; Raleigh, Charlotte and Columbus, NC; Jackson, MS; New Orleans, LA, Charleston, SC and Tampa, FL. The chain, offering soups, sandwiches, paninis and salads, currently operates 188 locations nationwide.
The Kroger Co. (866-221-4141) is planning to open a 123,000 sq.ft. Kroger Marketplace, with nine fueling stations, at a power center development located along GA 400 between Whitmire Road and Dawson Forest Road in Dawsonville, GA. The chain currently operates more than 2,600 locations throughout 34 states nationwide under the trade-names Kroger, City Market, Dillon’s, Food 4 Less, Fred Meyer, Fry’s Food Stores, Harris Teeter, Jay C, Quality Food Centers, Ralph’s and Smith’s Marketplace. Wal-Mart Stores, Inc. (479-273-4000) is planning to open a 200,000 sq.ft. Walmart Supercenter situated on 28 acres at the intersection of East Main Street and Montara Road in Barstow, CA during early 2017. The company trades as Walmart, Walmart Supercenter, Walmart Neighborhood Market and Walmart Express and currently operates more than 11,400 locations worldwide. Nestle Toll House Café by Chip (214-4959533) is seeking to open locations throughout the U.S. and Canada, with a focus currently in NY. The company, offering baked goods, coffee and ice cream, currently operates more than 140 bakeries nationwide, as well as throughout Canada and the Middle East. Supervalu, Inc. (952-828-4000) is planning to open up to 100 supermarkets during fiscal 2016. The company trades as Supervalu, Cub Foods, Farm Fresh, Hornbacher’s, Shop ‘N Save and Shoppers. North Shore-LIJ GoHealth System (516-4652600), in partnership with Access Clinical Partners, has plans to open about 80 urgent care clinics throughout the New York, NY metropolitan area over the next five years.
Scooter’s Coffee (916-852-8566) is planning to open about 40 cafes by the end of the year including sites in Atlanta, GA; Phoenix, AZ, San Antonio, TX and Minneapolis, MN. The company currently operates more than 120 locations throughout nine states nationwide. Uncle Maddio’s Pizza Joint (404-929-6654), through a franchise agreement, is planning to open three restaurants in Orlando, FL during the next four years, with the first unit slated to open during the first quarter of 2016. The company currently operates 31 locations throughout 14 states nationwide. Tilted Kilt Pub & Eatery (480-456-5458), through a franchisee, is planning to open nine bar/restaurants throughout the New England region of the U.S. during the next three years. The company currently operates more than 100 locations throughout the U.S. and Canada. Sheetz, Inc. (814-946-3611) is proposing the development of a Sheetz convenience store in South Middletown Township, PA, with plans to eventually operating a total of 1,000 locations. Aldi, Inc. (630-879-8100) is planning to open up to 650 Aldi supermarkets nationwide by the end of 2018. The company currently operates more than 1,400 grocery stores throughout 32 states in the Midwest and east coast regions of the U.S. Pieology Pizzeria (949-800-8314) is planning to open locations throughout Auburn, Birmingham and Montgomery, AL by the end of the year. The build-your-ownpizza concept currently has more than 500 D locations in development. M
Frontgate (888-263-9850) recently opened its first AZ location at the Pavilions at Talking Stick in Scottsdale. The 32,000 sq.ft. furniture store will join Home Depot at the shopping center. The company offers living room, dining room, bedroom and office furniture items, as well as home décor products, outdoor furniture items, gifts, electronics and pet supplies. Fusian (513-421-7646) is planning to open a restaurant in Dayton, OH, along with three locations in Columbus, OH by the end of the year, with plans to open to additional units in Cincinnati, OH during 2016. The chain of fast-casual sushi restaurants currently operates locations throughout Cincinnati, Columbus and Dayton, OH. Dealmakers Magazine | www.dealmakers.net
Aldi is planning to open up to 650 supermarkets nationwide by the end of 2018. June 12, 2015 | Page 5
FOOD CHAINS EXPAND Kona Grill operates more than 30 locations throughout AZ, CO, CT, ID, IL, IN, KS, LA, MD, MI, MN, NE, NJ, NV, TX and VA. The restaurants prefer to occupy spaces of 6,500 sq.ft. to 7,500 sq.ft. in freestanding locations, strip and power centers, as well as urban areas. Growth opportunities are sought nationwide during the coming 18 months. For more information, contact Marci Rude, Kona Grill, 7150 East Camelback Road, Suite 333, Scottsdale, AZ 85251; 480-922-8100, Fax 480-991-6811; Email: rude@konagrill.com; Web site: www.konagrill.com. Cookies by Design, Inc. trades as Cookie Bouquet and Cookies by Design at 90 locations nationwide. The cookie shops prefer to occupy spaces of 1,200 sq.ft. to 1,500 sq.ft. in strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. For more information, contact Jack Long, Cookies by Design, Inc., 1865 Summit Avenue, Suite 605, Plano, TX 75074-8147; 972-398-9536, Fax 972-398-9542; Email: jlong@cookiesbydesign.com; Web site: www.cookiesbydesign.com. Dairy Queen of Virginia, Inc. trades as Dairy Queen at 106 locations throughout VA. The ice cream shops prefer to occupy spaces of 1,900 sq.ft. to 2,700 sq.ft. in freestanding locations and endcaps of shopping centers. Growth opportunities are sought throughout the existing market during the coming 18 months. For more information, contact Mark P. Dunham, Dairy Queen of Virginia, Inc., 12020 Wyndham Lake Drive, Glen Allen, VA 23059; 804-364-3006, Fax 804-3642346; Email: dqva1@aol.com; Web site: www.dairyqueen.com.
Jamba Juice Co. operates 765 locations nationwide. The smoothie and juice bars prefer to occupy spaces of 900 sq.ft. to 1,100 sq.ft. in endcaps of strip, lifestyle and power centers, in addition to airports, malls and college campuses. Growth opportunities are sought throughout AZ, CA, CO, CT, FL, GA, HI, IL, KS, LA, MD, MN, MO, NC, NJ, NV, NY, OH, OR, PA, TN, TX, UT, VA, WI and WA during the coming 18 months. For more information, contact the Department of Real Estate, Jamba Juice Co., 6475 Christie Avenue, Suite 150, Emeryville, CA 94608; 510-596-0100; Email: realestate@jambajuice.com; Web site: www.jambajuice.com.
Fatburger North America, Inc. trades as Fatburger at more than 170 locations throughout AZ, CA, CO, HI, MI, NJ, NV, NY, WA and internationally. The fast-casual restaurants prefer to occupy spaces of 1,500 sq.ft. to 2,200 sq.ft. in freestanding locations and endcaps of shopping centers. Growth opportunities are sought nationwide and internationally during the coming 18 months. For more information, contact Warren Christiansen, Fatburger North America, Inc., 9606 South Santa Monica Boulevard, Penthouse, Beverly Hills, CA 90210; 310319-1850, Fax 310-319-1863; Email: realestate@fatburger.com; Web site: www.fatburger.com.
Sonic Corp. trades as Sonic Drive-In at 3,550 locations nationwide. The fast-food restaurants prefer to occupy spaces of 1,450 sq.ft. to 2,500 sq.ft. in freestanding locations. Growth opportunities are sought throughout the western region of the U.S., including AK and HI, during the coming 18 months. For more information, contact Joe Morian, Sonic Corp.; 303-579-3827; Email: joe.morian@sonicdrivein.com; Web site: www.sonicdrivein.com.
Del Taco, LLC trades as Del Taco at 548 locations throughout AL, AZ, CA, CO, FL, GA, ID, IL, MI, NM, NV, OK, OR, TX, UT and WA. The Mexican restaurants prefer to occupy spaces of 2,060 sq.ft. to 2,420 sq.ft. in freestanding locations or endcaps of shopping centers. Plans call for 25 openings throughout the existing markets, excluding ID, IL, and NM, in addition to NJ, PA, SC and TN during the coming 18 months. For more information, contact Bridget Marques, Del Taco, LLC, 25521 Commercentre Drive, Suite 200, Lake Forest, CA 92630; 949-462-7356, Fax 949-4627444; Email: bmarques@deltaco.com; Web site: www.deltaco.com.
Westport Realty Group, Inc. trades as Cheeseburger Bobby’s at 10 locations throughout GA. The restaurants prefer to utilize 2,400 sq.ft. endcaps of shopping centers. Growth opportunities are sought throughout the existing market during the coming 18 months. For more information, contact Kent Lilley, Westport Realty Group, Inc., 6264 Eagles Crest Drive Northwest, Acworth, GA 30101; 770-218-5566; Email: kent@westportrealty.net; Web site: www.cheeseburgerbobbys.com.
Cheeseburger Bobby’s is seeking growth opportunities nationwide throughout GA the coming 18 months. Page 6 | June 12, 2015
Bojangles Restaurants, Inc. trades as Bojangles Famous Chicken ‘N Biscuits at more than 630 locations throughout AL, FL, GA, KY, MD, NC, PA, SC, TN and VA. The restaurants prefer to occupy 3,800 sq.ft. freestanding locations. Plans call for 90 openings throughout the existing markets, excluding PA, but in addition to WV, during the coming 18 months. A land area of one to 1.2 acres is required. For more information, contact Darren J. Webb, Bojangles Restaurants, Inc., 9432 Southern Pines Boulevard, Charlotte, NC 28273; 704-940-8667, Fax 704-521-1258; Email: dwebb@bojangles.com; Web site: www.bojangles.com. The Krystal Co. trades as Krystal at more than 360 locations throughout the southeastern region of the U.S. The fast food restaurants prefer to occupy 1,702 sq.ft. freestanding locations. Plans call for 50 openings throughout the existing market during the coming 18 months. For more information, contact James Throckmorton, The Krystal Co., 1455 Lincoln Parkway, Suite 600, Dunwoody, GA 30346; 770-351-4500; Email: jthrockmorton@krystalco.com; Web site: D www.krystal.com. M Dealmakers Magazine | www.dealmakers.net
REAL ESTATE PROFESSIONALS MAKING THE NEWS Z Realty Group, LLC (201-867-1110) recently hired Jay Kessler. Prior to joining the company, Kessler served as vice president of acquisitions at First Hartford Realty Corp., where he worked in site selection, deal negotiations and entitlement processes throughout NJ and NY for CVS pharmacies. The company, based in NJ, specializes in investment sales, development, landlord representation, and built-to-suit leases and sales services. Lee & Associates of Illinois, LLC (773355-3032) recently hired Joseph Grody as senior vice president of the company’s retail services group. Grody has more than 35 years of experience representing restaurant owners and operators, developers, property owners and landlords. Katz & Associates (407-205-1050) recently welcomed Jacqueline Pace as a sales associate D at the brokerage firm’s Orlando, FL office. M
SOURCES OF FINANCING
Cronheim Mortgage recently negotiated $140 million in refinancing for Palm Springs Mile, a 1.28-million sq.ft. retail portfolio consisting of shopping and strip centers along a mile commercial corridor in Hialeah, FL. Anchor tenants in the centers include Kohl’s, LA Fitness, Walmart Neighborhood Market, Burlington Coat Factory, Michaels, Toys R Us, Winn Dixie and Ross Dress for Less. The loan includes a 25-year term with seven years of interest and a 30-year amortization period. For more information, contact Janet Proscia or David Turley, Cronheim Mortgage, 205 Main Street, PO Box 807, Chatham, NJ 07928; 973-635-6800; Emails: janet.proscia@cronheimmortage.com and david.turley@cronheimmortgage.com; Web site: www.cronheimmortage.com. Pacific Southwest Realty Services recently negotiated $2.75 million in financing for Hesperia Shopping Center, a 50,000 sq.ft. retail center situated on 4.2562 acres in Hesperia, CA. The 20-year loan features full amortizing and an interest rate of 4.55%. For more information, contact Pacific Southwest Realty Services, 11911 San Vincente Boulevard, Suite 390, Los Angeles, CA 90049; 310-471-1911; Email: D M psrs-la@psrs.com.
LEASE SIGNINGS illi Commercial Real Estate (818-501-2212) recently negotiated the following leases throughout CA: 10-years with Maui Jim for 503 sq.ft. and 10-years with Brics Milano Luggage for 1,818 sq.ft. at the intersection of Hollywood and Highland in Hollywood, with Jordan Lolli of illi Commercial Real Estate representing the tenant in both transactions; five-years with West Hollywood Mail Station along North Hayvenhurst in West Hollywood, with Jeffrey Shore and Todd Nathanson of illi Commercial Real Estate representing the landlord and tenant in the transaction; five-years with Y&P Apparel for 2,923 sq.ft. along Ventura Boulevard in Encino, with Todd Nathanson, Greg Offsay and Josh Rudin of illi Commercial Real Estate representing the landlord in the transaction; five-years with The Smoke Shack for 973 sq.ft. along Soledad Canyon Road in Santa Clarita, with Todd Nathanson, Matthew Essex and Adam Cather of illi Commercial Real Estate representing the landlord and tenant in the transaction and three-years with Farmers Insurance for 585 sq.ft. along Ventura Boulevard in Encino, with J. Richard Leyner and Michael Sharon of illi Commercial Real Estate representing the landlord and tenant in the transaction. LMS Commercial Real Estate (717-569-9373) recently negotiated a lease with China Wok for 1,150 sq.ft. at Millersville Commons, an 18,800 sq.ft. retail center located along Comet Drive in Millersville, PA. The company will join Tropical Smoothie, Jake’s Wayback Burgers and Nino’s Pizzeria at the site. Wilay Boensch of LMS Commercial Real Estate represented the landlord and Dave Lin of Brentwood Management represented the tenant in the transaction. Bruce Strumpf, Inc. (727-449-2020) recently negotiated a lease with Suncoast Hospice Resale Shoppe for 15,000 sq.ft. at The Village at Countryside Shopping Center in Clearwater, FL. Carol Warren of Colliers International represented the tenant in the transaction. The company also recently completed a lease with Lyon’s Head Antiques for 12,245 sq.ft. at Jasmine Plaza in Port Richey, FL. The Goldstein Group (201-703-9700) recently negotiated leases with Smashburger for 2,000 sq.ft., Chipotle for 2,400 sq.ft. and with Verizon Wireless for 1,400 sq.ft. at a shopping center located along Essex Street in Lodi, NJ.
L3 Corp. (314-469-7400) recently negotiated the following leases: with Dick’s Sporting Goods for 40,000 sq.ft. and with Five Below for 8,050 sq.ft. at Phoenix Center II, located along Phoenix Center Drive in Washington, MO, with the company representing the landlord in both transactions; with Dollar Tree for 8,400 sq.ft. at Evelyn Hills Shopping Center located along College Avenue in Fayetteville, AR, with the company representing the tenant in the transaction; with dressbarn for 7,200 sq.ft. at Belleville Crossing in Belleville, IL, with the company representing the tenant in the transaction; with Midway Tax Service for 1,125 sq.ft. at State Street Shopping Center, located along State Street in East St. Louis, IL, with the company representing the landlord in the transaction; with Octapharma for 23,881 sq.ft. in Hazelwood, MO, with the company representing the landlord in the transaction and with PetSmart for 12,500 sq.ft. at Magnolia Marketplace in New Orleans, LA, with the company representing the tenant in the transaction. CBRE | Raleigh (919-831-8200) recently negotiated the following leases throughout NC: with East Coast Wings & Grille for 4,200 sq.ft. at Wake Forest Crossing Phase II in Wake Forest, with Tiffany Barrier of CBRE | Raleigh representing the tenant in the transaction; with The Egg & I for 3,551 sq.ft. at Walnut Place in Cary, with Reagan Crabtree and Christina Coffey of CBRE | Raleigh representing the tenant in the transaction and with Amante Gourmet Pizza for 1,600 sq.ft. at Park Place Shopping Center in Morrisville, with Reagan Crabtree and Charlie Coyne of CBRE | Raleigh representing Kimco Realty in the transaction. Jeffery Realty (908-668-9600) recently completed a 20-year ground lease with Roy Rogers for 3,000 sq.ft. along Route 31 in Flemington, NJ. Shane Wierks of Jeffery Realty negotiated the transaction. The company also recently negotiated a lease with 1,000 Degrees Pizza for 2,200 sq.ft. at a 700,000 sq.ft. power center located along West Edgar Road in Linden, NJ. Cypress Equities (214-561-8814) recently negotiated a lease with Verizon Wireless for 4,738 sq.ft. at Brookwood Village, a mixeduse development in Birmingham, AL. The D store is slated to open this fall. M
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SUPERMARKET CHAINS EXPAND (continued from page one)
Whole Foods Market operates 417 locations nationwide and in the United Kingdom. The supermarkets, offering natural and organic food items, occupy spaces of 25,000 sq.ft. to 50,000 sq.ft. in freestanding locations and inline spaces of shopping centers. For more information regarding expansion opportunities throughout CT (outside of Fairfield County), MA, ME, NH, RI and VT, contact Scott Black, The Dartmouth Co., 351 Newbury Street, Boston, MA 02115; 617-262-6620, Fax 617-262-1806; Email: sblack@dartco.com; Web sites: www.dartco.com and www.wholefoodsmarket.com. For more information regarding expansion opportunities throughout KS and Kansas City, MO; OK and TX, contact Tim Hughes, Falcon Cos., 16000 North Dallas Parkway, Suite 225, Dallas, TX 75248; 972-404-8382, Fax 972-404-8339; Email: thughes@falconcompanies.com; Web site: www.falconcompanies.com. For more information regarding expansion opportunities throughout IN, contact Bryan Chandler, Eclipse Real Estate, 280 East 96th Street, Indianapolis, IN 46240; 317-614-9402, Fax 317-614-9401; Email: bchandler@eclipsere.com; Web site: www.eclipsere.com. Tunie’s Natural Grocery & Vitamin Market operates three locations in FL. The specialty grocery stores, offering all natural food products as well as vast selection of vitamins and supplements, occupy spaces of 16,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout Broward and Palm Beach counties in FL during the coming 18 months, with representation by Realty Investors, Inc. For more information, contact Michael Glusman, Realty Investors, Inc., 7740 Montecito Place, Delray Beach, FL
33446; 561-865-9143, Fax 561-499-8101; Email: maglusman@aol.com; Web site: www.tunies.com. The Kroger Co. (Cincinnati/Dayton Division) trades as Kroger at more than 110 locations throughout IN, KY and OH. The supermarkets, featuring deli, bakery, seafood, floral and wine and beer departments, occupy spaces of 60,000 sq.ft. to 135,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. For more information, contact Monte Chesko, The Kroger Co. (Cincinnati/ Dayton Division), 130 Tri County Parkway, Suite 324, Cincinnati, OH 452463217; 513-782-3423, Fax 513-782-8426; Email: monte.chesko@kroger.com; Web site: www.kroger.com. Roche Bros. Supermarkets Co. trades as Roche Bros. Supermarkets and Brothers Marketplace at 21 locations throughout MA. Brothers Marketplace, featuring floral, produce, seafood and deli departments, as well as offering prepared gourmet food items, prefers to occupy spaces of 10,000 sq.ft. to 20,000 sq.ft., while Roche Bros. Supermarkets, featuring bakery, deli, produce, seafood and beer and wine departments, prefers to occupy spaces of 32,500 sq.ft. to 50,000 sq.ft. in freestanding locations, lifestyle and strip centers, as well as urban/ downtown areas. Growth opportunities are sought throughout the existing market during the coming 18 months. For more information, contact Jim Sperber, Roche Bros. Supermarkets Co., 70 Hastings Street, Wellesley, MA 02481; 781-235-9400, Fax 781-235-3153; Email: helpdesk@rochebros.com; Web site: D www.rochebros.com. M
EXCLUSIVES AND TENANT REPS Renaud Consulting (703-404-2346) is representing Dunkin’ Donuts with its expansion plans throughout Prince George’s County, MD and Woodbridge, Dale City, McLean and Falls Church, VA. The company prefers to occupy spaces of 1,500 sq.ft. to 1,800 sq.ft. for traditional Dunkin Donuts locations and 1,800 sq.ft. to 2,500 sq.ft. for a combination of Dunkin’ Donuts/Baskin Robbins locations in freestanding buildings, endcaps of shopping centers or pad sites with a drive-thru. Retail Solutions (512-474-5557) is representing PizzaRev with its expansion plans throughout the metropolitan surrounding area of Austin, TX. The pizzerias prefer to occupy spaces of 2,000 sq.ft. to 3,000 sq.ft. in freestanding locations and endcaps of shopping centers. The company prefers strongly anchored centers along heavily trafficked throughways with high visibility. Premier Commercial Realty (847-854-2300) is representing Cell Phone Repair with its expansion plans throughout Arlington Heights, Des Plaines, Glenview, Mt. Prospect and Park Ridge, IL. The company prefers to occupy spaces of 800 sq.ft. to 1,200 sq.ft. in strip centers, and will also consider outlots or pad sites of grocery-anchored shopping centers with a GLA of 10,000 sq.ft. Preferred cotenants include Starbucks and Dunkin’ Donuts. Jameson Commercial (312-699-6660) is representing Pressbox with its expansion plans throughout the Bucktown/Wicker Park, UK Village, Lakeview, Lincoln Park and Old Town sections of Chicago, IL. The cleaning facilities prefer to occupy spaces of 200 sq.ft. to 1,000 sq.ft. in ground floor retail spaces. Schuckman Realty, Inc. (516-496-8888) is representing Orangetheory Fitness with its expansion plans throughout Brooklyn and Queens, NY. The fitness centers occupy spaces of 2,500 sq.ft. to 4,000 sq.ft. in ground, second or lower level spaces.
Kroger is seeking growth opportunities throughout IN, KY and OH during the coming 18 months. Page 8 | June 12, 2015
CBRE | Fameco (610-834-8000) is representing Bubba’s 33 with its expansion plans throughout NJ and PA. The restaurants prefer to occupy spaces of 8,500 sq.ft. to 9,000 sq.ft. in freestanding locations or pad sites of shopping centers. The company prefers to locate along concentrated retail corridors in areas with a strong daytime population. DM Dealmakers Magazine | www.dealmakers.net
LEAD SHEET T.J. Maxx Culver Stedman c/o Edge Realty Partners 5444 Westhimer Road, Suite 1650 Houston, TX 77056 713-900-3000 Email: cstedman@edge-re.com Web site: www.edge-re.com
Apparel/Accessories/Home Décor The chain operates more than 1,119 locations nationwide. The stores, offering apparel, accessories, footwear, home furnishings and home décor items, occupy spaces of 22,000 sq.ft. in freestanding locations, power and strip centers, as well as urban areas. Growth opportunities are sought throughout southern TX, as well as in Houston, during the coming 18 months, with representation by Edge Realty Partners.
AAA Mid-Atlantic Eric Nichols c/o MPV Properties 521 East Morehead Street, Suite 400 Charlotte, NC 28202 704-572-5000 Email: enichols@mpvre.com Web site: www.mpvre.com
Automotive The 20-unit chain operates locations throughout MA, NJ, PA and VA. The automotive service centers occupy spaces of 6,000 sq.ft. to 13,000 sq.ft. in freestanding locations and endcaps of shopping centers. Growth opportunities are sought throughout MD, NJ, the Philadelphia PA metropolitan area, VA and Washington, DC during the coming 18 months, with representation by MPV Properties. Typical leases run 10 years. A land area of 0.75 to 1.5 acres is required for freestanding locations.
Jack Furrier’s Western Tire Centers dba Jack Furrier’s Tire & Auto Care and Desert Rat Truck Centers Jack Furrier 3545 South Richey Boulevard Tucson, AZ 85713-5432 520-748-1700, Fax 520-790-1136 Email: jack@westerntire.com Web site: www.jackfurriers.com
Automotive The 20-unit chain operates locations throughout Phoenix and Tucson, AZ and Albuquerque, NM. The automotive tire and service centers occupy spaces of 6,000 sq.ft. to 10,000 sq.ft. in freestanding locations, specialty and strip centers. Plans call for one opening in Tucson, AZ during the coming 18 months.
Town Fair Tire Daniel Plotkin c/o Northeast Retail Leasing & Management Co., LLC 360 Bloomfield Avenue, Suite 208 Windsor, CT 06095 860-683-9000, Fax 860-683-1600 Email: dplotkin@northeastretail.com Web site: www.northeastretail.com
Automotive The 87-unit chain operates locations throughout CT, MA, ME, NH and RI. The tire centers occupy spaces of 6,000 sq.ft. to 8,000 sq.ft. in freestanding locations and endcaps of power and strip centers. Plans call for four openings throughout eastern MA, ME and NH during the coming 18 months, with representation by Northeast Retail Leasing & Management Co., LLC. Typical leases run 15 years. A vanilla shell is required. Preferred cotenants include Target, Bed Bath & Beyond, Home Goods, Michael’s, Petco and supermarkets. A land area of 1.2 acres is required for freestanding locations.
Barnes & Noble Bob Berndt c/o SRS Real Estate Partners 1407 Oakland Boulevard, Suite 301 Walnut Creek, CA 94596 925-256-0100, Fax 925-256-0102 Email: bob.berndt@srsre.com Web sites: www.srsre.com and www.barnesandnoble.com
Books The chain operates more than 715 locations nationwide. The stores, offering books, magazines, toys, games and DVD’s, occupy spaces of 28,000 sq.ft. in freestanding locations, power centers and urban areas. Growth opportunities are sought throughout CA during the coming 18 months, with representation by SRS Real Estate Partners.
Primrose Schools Sheryl Vickers c/o Merrill Cos. 6240 West 135th Street Overland Park, KS 66223 913-338-3800 Email: sheryl@merrillcompanies.com Web site: www.primroseschools.com
Childcare/Educational The 300-unit chain operates locations nationwide. The childcare learning facilities occupy spaces of 10,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the Kansas City, KS metropolitan area during the coming 18 months, with representation by Merrill Cos. A land area of 1.5 to two acres is required. The company prefers to locate near affluent residential neighborhoods and office parks, and also requires an outdoor space for a playground.
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June 12, 2015 | Page 9
LEAD SHEET The Learning Experience Shar Toler c/o Toler & Associates 20258 US Highway, Suite 430-214 Apple Valley, CA 92307 213-290-6565 Email: stoler@tolerandassociates.com
Child Care The chain operates locations throughout CA, CO, CT, DE, FL, IL, MA, MD, MI, NC, NH, NJ, NY, OH, PA, TX, VA and WA. The child care centers occupy spaces of 10,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout Los Angeles, San Diego, Riverside, San Bernardino, Ventura and Orange counties in CA during the coming 18 months, with representation by Toler & Associates. The company also requires an additional 7,000 sq.ft. for an outdoor space.
7-Eleven Lew Finkelstein c/o The Goldstein Group 45 Eisenhower Drive Paramus, NJ 07652 201-703-9700, Fax 201-703-9678 Email: lfinkelstein@thegoldsteingroup.com Web site: www.thegoldsteingroup.com
Convenience The chain operates more than 55,000 locations nationwide and internationally. The convenience stores, some with gasoline facilities, occupy spaces of 2,400 sq.ft. to 3,000 sq.ft. in freestanding locations and shopping centers. Growth opportunities are sought throughout central and northern NJ during the coming 18 months, with representation by The Goldstein Group. A land area of 0.25 to one acre is required for freestanding locations.
CN Brown Co. dba Big Apple Food Stores Russell Cloutier PO Box 200 South Paris, ME 04281 207-743-9212, Fax 207-743-8357 Email: russellc@cnbrown.com Web site: www.cnbrown.com
Convenience The 90-unit chain operates locations throughout ME, NH and VT. The convenience stores, with gasoline facilities, occupy spaces of 2,000 sq.ft. to 5,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout ME and NH during the coming 18 months. A land area of 0.5 to three acres is required.
Sally Beauty Holdings, Inc. dba CosmoProf and Armstrong McCall Todd Boysen 3001 Colorado Boulevard Denton, TX 76201 800-777-5706 Ext. 4341 Email: tboysen@sallybeauty.com Web site: www.cosmoprofbeauty.com
Cosmetics/Beauty Supplies The chain operates more than 1,200 locations throughout North America. The stores offer discounted beauty supplies only for professionals in the industry, and prefer to occupy spaces of 1,400 sq.ft. to 2,500 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout AL, AR, FL, GA, LA, MS, NC, SC and TN during the coming 18 months.
Bealls, Inc. dba Bealls Department Stores Stan Farnowski 1806 38th Avenue East Bradenton, FL 34208 941-744-4638, Fax 941-747-9435 Web site: www.beallsflorida.com
Department Store The chain operates 73 locations throughout FL. The department stores occupy spaces of 38,000 sq.ft. to 45,000 sq.ft. in freestanding locations, malls, lifestyle, power and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run 10 to 15 years with options. Preferred cotenants include grocery, discount and electronic stores, as well as home improvement and sporting goods retailers. Preferred demographics include a population of 100,000 within five miles earning $50,000 as the average household income. Major competitors include department stores. A land area of eight acres is required for freestanding locations.
Dillard’s, Inc. dba Dillard’s Chris Johnson 1600 Cantrell Road Little Rock, AR 72201 501-376-5200 Ext. 5255, Fax 501-399-7502 Web site: www.dillards.com
Department Store The chain operates more than 295 locations throughout the midstates, southern and western regions of the U.S. The department stores occupy spaces of 100,000 sq.ft. to 300,000 sq.ft. in malls and lifestyle centers. Growth opportunities are sought nationwide during the coming 18 months.
Page 10 | June 12, 2015
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LEAD SHEET Stein Mart David Darr c/o The Place Commercial Real Estate 12050 Vance Jackson, Suite 102 San Antonio, TX 78230 210-525-0131, Fax 210-366-0571 Email: david@theplacesa.com Web site: www.theplacesa.com
Department Store The chain operates more than 270 locations nationwide. The department stores, offering apparel, accessories, footwear and home dĂŠcor items, occupy spaces of 30,000 sq.ft. to 32,000 sq.ft. in power, specialty and strip centers. Growth opportunities are sought throughout AR, LA, OK and TX during the coming 18 months, with representation by The Place Commercial Real Estate. Preferred demographics include a population of 150,000 within five miles. The company prefers to locate in affluent areas.
Cellular Sales – Verizon Wireless Whit Taylor c/o Hybridge 1600 East 8th Avenue, Suite A106 Tampa, FL 33605 813-419-6011 Email: whit@hybridgecre.com Web site: www.hybridgecre.com
Electronics The chain operates more than 550 locations nationwide. The stores, offering cellular phones and related services and accessories, occupy spaces of 2,500 sq.ft. to 6,000 sq.ft. in freestanding locations. Growth opportunities are sought along the western coast of FL during the coming 18 months, with representation by Hybridge. Whit Taylor represents Cellular Sales of Knoxville, Inc., the largest retailer for Verizon Wireless in the country with over 550 locations operating nationwide.
P.C. Richard & Son Tom Pohmer 150 Price Parkway Farmingdale, NY 11735 631-843-4300, Fax 631-843-4309 Email: tomp@prcrichard.com Web site: www.pcrichard.com
Electronics/Appliances The 66-unit chain operates locations throughout CT, NJ, NY and Philadelphia, PA. The stores, offering appliances, electronics, home furnishings, outdoor products and computers, occupy spaces of 35,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. The company prefers to acquire sites.
Innovative Foto dba BlabaBooth, Portrait Studio, Foto, FunStrip Steve White 8A Industrial Way Salem, NH 03079 603-324-3240, Fax 603-879-9200 Email: salesinfo@innovativefoto.com Web site: www.innovativefoto.com
Entertainment The 3,000-unit chain operates locations nationwide and internationally. The self-service photo booths occupy spaces of nine sq.ft. to 17 sq.ft. in malls, amusement parks, movie theaters, museums, arcades, bars and destination areas. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run one year.
Life Time Fitness Life Time Athletic and Life Time Fitness Parham Javaheri 2902 Corporate Place Chanhassen, MN 55317 952-947-0000, Fax 952-229-7248 Email: pjavaheri@lifetimefitness.com Web site: www.lifetimefitness.com
Fitness The 115-unit chain operates locations nationwide. The fitness centers occupy spaces of 80,000 sq.ft. to 120,000 sq.ft. in freestanding locations and shopping centers. Growth opportunities are sought throughout the existing market during the coming 18 months. The company prefers to locate in areas with a population earning above average household incomes.
Uno De 50 Gerardo Aguinis c/o The Zall Co. 4725 South Monaco Street, Suite 340 Denver, CO 80237 303-804-5656, Fax 303-804-9696 Email: gaguinis@zallcompany.com Web site: www.unode50.com
Jewelry The chain operates locations nationwide and in Puerto Rico. The stores, offering handcrafted jewelry items, occupy spaces of 500 sq.ft. to 900 sq.ft. in malls, lifestyle centers and urban/ downtown areas. Plans call for 12 openings nationwide during the coming 18 months, with representation by The Zall Co. Typical leases run 10 years. Preferred cotenants include upscale retailers.
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June 12, 2015 | Page 11
LEAD SHEET Staples Jon Kushner c/o CBRE Fameco | Retail Services 625 West Ridge Pike, Building A, Suite 100 Conshohocken, PA 19428 610-834-8000, Fax 610-834-1793 Email: jonathan.kushner@cbre.com Web site: www.cbre.com
Office Supplies The chain operates locations nationwide and internationally. The office supply stores prefer to occupy spaces of 12,500 sq.ft. in freestanding locations, lifestyle, power, specialty and strip centers, as well urban/downtown areas. Growth opportunities are sought throughout DE, NJ and Philadelphia, PA metropolitan area during the coming 18 months, with representation by CBRE Fameco | Retail Services.
Lee Spa Nails Todd Sussman c/o Colliers International 1801 Market Street, Suite 550 Philadelphia, PA 19103 215-928-7575, Fax 215-925-1040 Email: todd.sussman@colliers.com Web site: www.colliers.com
Service The chain operates more than 100 locations nationwide. The salons, offering nail and spa services, occupy spaces of 600 sq.ft. to 2,500 sq.ft. in shopping centers. Growth opportunities are sought throughout PA during the coming 18 months, with representation by Colliers International. Preferred cotenants include grocery stores.
Hope Advanced Veterinary Center Ramin Seddiq c/o Long and Foster Commercial 8227 Old Courthouse Road, Suite 200 Vienna, VA 22182 202-505-4333, Fax 703-506-2195 Email: raminllc@gmail.com Web site: www.hopecenter.com
Specialty The chain operates two locations in MD and VA. The veterinarian centers prefer to occupy spaces of 1,400 sq.ft. to 2,400 sq.ft. in freestanding locations and retail centers. Plans call for two to three openings throughout northern VA during the coming 18 months, with representation by Long and Foster Commercial. The company prefers to locate in areas with high visibility and easy access.
Yankee Candle Farron Roboff c/o Royal Properties, Inc. 850 Bronx River Road Bronxville, NY 10708 914-237-3403 Ext. 112, Fax 914-237-0196 Email: farron@royalpropertiesinc.com Web site: www.royalpropertiesinc.com
Specialty The chain operates more than 500 locations nationwide. The candle shops occupy spaces of 1,500 sq.ft. to 2,000 sq.ft. in strip centers. Growth opportunities are sought throughout Fairfield, CT and Westchester, NY during the coming 18 months, with representation by Royal Properties, Inc.
PGA Tour Superstore Peter Levine c/o Charter Realty & Development Corp. 183 Main Street Westport, CT 06880 203-227-2922, Fax 203-227-8388 Email: peter@chartweb.com Web site: www.chartweb.com
Sporting Goods The 23-unit chain operates locations throughout AL, AZ, CA, CO, FL, GA, IL, NJ, NY, SC and TX. The stores, selling golf clubs, bags, apparel and related items, occupy spaces of 50,000 sq.ft. in freestanding locations, power and strip centers. Growth opportunities are sought throughout CT and Westchester County, NY during the coming 18 months, with representation by Charter Realty & Development Corp.
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 12 | June 12, 2015
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Corona – Corona Towne Center, located at the intersection of 91 Freeway and Lincoln Avenue, has spaces from 975 sq.ft. to 2,775 sq.ft. available, as well as a 7,525 sq.ft. junior anchor. Cotenants include Cardena’s, Dollar Tree, Fallas Paredes, Rent-A-Center, Hertz, Sherwin-Williams and Verizon Wireless. Area demographics include a population of 214,441 within five miles earning $89,389 as the average household income. For more information, contact Brian Bielatowicz, Lee & Associates, 951-4454515; Email: bbielatowicz@leetemecula.com.
Avenue, Suite 400, Ontario, CA 91764; 909945-2339; Email: ltalavera@naicapital.com.
population of 97,790 within a five minute drive-time earning $99,785 as the average household income. The average daily traffic count is 34,820 vehicles. Also – Haven Village, located at the intersection of Lemon Avenue and Haven Avenue, has a 9,889 sq.ft. sub anchor space available. Cotenants include Vons, Trader Joe’s, McDonald’s, Del Taco, Unocal, Subway, The Flame Broiler and The UPS Store. Area demographics include a population of 129,650 within three miles earning $100,591 as the average household income. The average daily traffic count is 31,680 vehicles. San Bernardino – Harriman Plaza, located along Harriman Place, has a 5,000 sq.ft. to 20,000 sq.ft. space, situated on 1.72 acres, available for lease or build to suit. Area retailers include Best Buy, Costco Wholesale, Sam’s Club and Home Depot. Area demographics include a population of 292,690 within five miles earning $54,730 as the average household income. For more information regarding Alta Loma Plaza or Harriman Plaza, contact Paul Galmarini or Brad Umansky, Progressive Real Estate Partners, 9471 Haven Avenue, Suite 110, Rancho Cucamonga, CA 91730; 909-230-4500; Email: paul@progressiverep.com. For more information regarding Haven Village, contact Janine Peltier; Email: janine@progressiverep.com.
Corona – Plaza on 6th Street, a 170,521 sq.ft. center located at the intersection of 6th Street and South Lincoln Avenue, has spaces from 812 sq.ft. to 6,000 sq.ft. available. Cotenants include Superior Grocers, Ace Hardware, Goodwill, Family Dollar, Kragen Auto Parts, H&R Block, GameStop and Fitness 19. Area demographics include a population of 206,094 within five miles earning $91,586 as the average household income. The average daily traffic count is 56,800 vehicles. For more information, contact Lidia Talavera, NAI Capital, 800 North Haven
Hollywood – A 120,257 sq.ft. center located at the intersection of Hollywood Boulevard and Western Avenue, has a space of 2,200 sq.ft. available, which can be divided. Cotenants include Ross Dress for Less, Ralph’s, Aaron Bros., Jamba Juice, Starbucks, T-Mobile and Chase Bank. Area demographics include a population of 998,948 within five miles earning $59,562 as the average household income. The average daily traffic count is 60,000 vehicles. For more information, contact Todd Nathanson or Kyle FIshburn, illi Commercial Real Estate, 17547 Ventura Boulevard, Suite 304, Encino, CA 91316; 818-5012212 Ext. 101/109, Fax 818-501-2202; Email: todd@illicre.com; Web site: www.illicre.com. Rancho Cucamonga – Alta Loma Plaza, located at the intersection of Carnelian Street and 19th Street, has a 35,000 sq.ft. anchor space available. Cotenants include Walgreens and Del Taco. Area demographics include a
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TENANT MIX ANALYSIS • MODELING • STRATEGY • PROSPECTING
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Florida Jacksonville – Highland Square Shopping Center, a 262,215 sq.ft. center located along Dunn Avenue, has a 3,000 sq.ft. endcap available. Cotenants include Publix, Bealls Outlet, dd’s Discounts, Bailey’s Powerhouse Gym and Family Dollar. Area demographics include a population of 100,502 within five miles earning $50,584 as the average household income. The average daily traffic count is 38,000 vehicles. For more information, contact Adam Greenberg, DLC Management Corp., 800351-1889; Email: agreenberg@dlcmgmt.com; Web site: www.dlcmgmt.com. West Palm Beach – Okee Square, a 124,500 sq.ft. center located at the intersection of Okeechobee Boulevard and South Chillingworth Drive, has spaces of 26,000 sq.ft. and 28,692 sq.ft. available. Cotenants include Staples, Michaels, Rooms to Go Kids and PDQ. Area demographics include a population of 233,270 within five miles earning $47,344 as the median household income. The average daily traffic count is 57,000 vehicles. Dealmakers Magazine | www.dealmakers.net
SPACE PLACE Florida
Illinois
Maryland
For more information, contact Roxanne Register, Katz & Associates, 2300 Glades Road, Suite 460W, Boca Raton, FL 33431; 561-869-4346; Email: roxanneregister@dkatz.com; Web site: www.katzassociates.com.
Chicago – A 2,300 sq.ft. retail space is available at a building in the Wicker Park area. Area retailers include Xoco, Max’s Wine Dive, Umani Burger, Urban Outfitters, Free People, Levi’s and Carhartt. Also – A 2,400 sq.ft. ground floor retail space is available in the Bucktown area. Area retailers include Subway, Popeye’s Chicken & Biscuits, Dunkin’ Donuts, Chase Bank, Sports Authority, Old Navy, Costco Wholesale and Target. For more information, contact Michael Weber, @ Properties Commercial, 618 West Fulton Avenue, Chicago, IL 60661; 312-9532193.
MD 20706; 301-918-2908/2949; Email: misen@naimichael.com; Web site: www.naieagle.com.
Georgia Duluth – Satellite Shops I & II, located at the intersection of Satellite Boulevard and Tandy Key Lane, has spaces available. Cotenants include Metro Brokers, Original Mattress Factory, H&R Block and Hobbytown USA. Area demographics include a population of 217,467 within five miles earning $78,550 as the average household income. The average daily traffic count is 57,216 vehicles along Satellite Boulevard. For more information, contact Bre WagnerClagett, Wheeler/Brand, 1960 Satellite Boulevard, Suite 1300, Duluth, GA 30097; 770-623-2089; Email: bre@wheelerbrand.com; Web site: www.wheelerbrand.com. Kennesaw – Town Center Mall Shops, a 24,497 sq.ft. center located at the intersection of Ernest W. Barrett Parkway and Mall Boulevard, has spaces of 1,425 sq.ft., 2,487 sq.ft. and 2,836 sq.ft. available. Cotenants include Mattress Firm and Top Style Diamonds. Area demographics include a population of 165,884 within five miles earning $79,538 as the average household income. The average daily traffic count is 32,330 vehicles along Ernest W. Barrett Parkway. For more information, contact Amanda Steidtmann, Crossman & Co., 678-920-1996; Email: asteidtmann@crossmanco.com; Web site: www.crossmanco.com.
Illinois Bolingbrook – Country Aire Plaza, a 57,500 sq.ft. center located at the intersection of South Weber Road and Clow International Parkway, has spaces of 3,535 sq.ft. and 12,070 sq.ft. available. Cotenants include Goodwill, Osaka Grill Buffett, Sprint and Carter’s. Area demographics include a population of 204,920 within five miles earning $117,939 as the average household income. The average daily traffic count is 29,600 vehicles along Weber Road. For more information, contact Matt Smetana or Ves Pavlovic, Edgemark Commercial Real Estate Services, LLC, 2215 York Road, Suite 503, Oak Brook, IL 60523; 630-572-5632/5607, Fax 630-472-1019; Email: msmetana@edgemarkllc.com; Web site: www.edgemarkllc.com. Dealmakers Magazine | www.dealmakers.net
Chicago – A 1,648 sq.ft. street level retail space is available along West Roscoe Street, in the Roscoe Village neighborhood. Area retailers include Piazza Bella, Jimmy John’s, Miller’s Tap and Village Paperie. Area demographics include a population of 50,267 within one mile earning $129,437 as the average household income. For more information, contact Doug Renner or Trevor Jack, Baum Realty Group, 312-275-3137/3128; Email: doug.renner@baumrealty.com; Web site: www.baumrealty.com. Glendale Heights – An 1,100 sq.ft. retail space is available at a center located along North Avenue, between Bloomingdale Road and Glen Ellyn Road. Cotenants include Miskas Corner Store and Pita House Middle Eastern Restaurant. The average daily traffic count is 65,000 vehicles. The asking rent is $12 psf NNN. For more information, contact Randolph Taylor, Coldwell Banker Commercial, 967 West 75th Street, Naperville, IL 60565; 630-344-9355, Fax 781-609-1233; Email: rtaylor@creconsult.net; Web site: www.creconsult.net.
Maryland Capitol Heights – Walker Mill Square Shopping Center, located at the intersection of Addison Road South and Walker Mill Road, has a space of 3,200 sq.ft. available, which can be divided. Cotenants include Family Dollar, McDonald’s, Papa John’s and Subway. Area demographics include a population of 101,274 within six miles earning $110,873 as the average household income. The asking rent is $16.50 psf NNN. For more information, contact Michael Isen or Michael DiMeglio, NAI Michael, 10100 Business Parkway, Lanham,
Catonsville – 40 West Shopping Center, a 120,434 sq.ft. center located at the intersection of Route 40 and North Rolling Road, has spaces of 1,200 sq.ft., 1,500 sq.ft. and 3,000 sq.ft. available. Cotenants include H-Mart, GameStop, Sweet Frog, Peepers Family Eye Care, Starbucks and FedEx Kinko’s. Area demographics include a population of 261,809 within five miles earning $78,910 as the average household income. The average daily traffic count is 54,000 vehicles along Route 40. For more information, contact Patricia Palumbo, Klein Enterprises, 1777 Reisterstown Road, Suite 245, Baltimore, MD 21208; 410-902-0290; Email: ppalumbo@kleinenterprises.com; Web site: www.kleinenterprises.com. Rockville – A 4,500 sq.ft. corner retail space is available at the intersection of Rockville Pike and Twinbrook Parkway. Area retailers include Pier 1 Imports, TGI Friday’s, Ethan Allen, CVS, Chico’s, Starbucks, Bed Bath & Beyond and Staples. Area demographics include a population of 143,295 within three miles earning $115,419 as the average household income. For more information, contact Joe Falcone or Thomas Jackman, Lincoln Property Co., 703-284-7447/7446; Email: jfalcone@lpc.com; Web site: www.lpcwashingtondc.com.
New Jersey Edison – The Shoppes at Colonial Village, located at the intersection of Lincoln Highway and Parsonage Road, has a space of 1,025 sq.ft. available. Cotenants include Starbucks, Ichiban, Brooklyn Boys Pizza, Bernstein’s Fashions, Alan’s Fine Footwear and Susan’s Lingerie. Area demographics include a population of 117,685 within three miles earning $113,603 as the average household income. The average daily traffic count is 30,000 vehicles. For more information, contact Weiss Realty Co., Inc., 250 Moonachie Road, Suite 302, Moonachie, NJ 07074; 201-8141840/1841, Fax 201-814-1800; Web site: www.jweissrealty.com. Freehold – Pad sites are available for lease or build to suit on a 53.65 acre lot along Route 9. Area retailers include Acme, Walgreens, Dunkin’ Donuts, Burger King, (continued on page sixteen)
June 12, 2015 | Page 15
SPACE PLACE New Jersey (continued from page fifteen)
H&R Block, 7-Eleven and Goodyear. Area demographics include a population of 83,984 within five miles earning $94,608 as the median household income. The average daily traffic count is 60,336 vehicles. Also – A center located along Route 9, has spaces of 2,045 sq.ft. and 2,077 sq.ft. available, which can be combined. Cotenants include Jersey Mike’s Subs, Golden Corral, The Learning Experience and Provident Bank. Area demographics include a population of 88,613 within five miles earning $97,548 as the median household income. The average daily traffic count is 60,336 vehicles. For more information, contact Jason Pierson or Gregg Medvin, Pierson Commercial Real Estate, 704 Ginesi Drive, Suite 24, Morganville, NJ 07751; 732-7076900 Ext. 1/3; Email: jason@piersonre.com; Web site: www.piersonre.com. Long Branch – Suburban Plaza, located at the intersection of Joline Avenue and Conover Place, has an inline space of 2,000 sq.ft. available, as well as a 1,650 sq.ft. endcap. Cotenants include Dunkin’ Donuts, Welsh Farms, Route 66 Grill and Smoke Shop. Area demographics include a population of 122,292 within five miles earning $105,932 as the average household income. The average daily traffic count is 22,000 vehicles along Joline Avenue. Woodbridge – Mocci Turnpike Plaza, located along Port Reading Avenue, has spaces from 1,000 sq.ft. to 10,000 sq.ft. available. Cotenants include Dunkin’ Donuts, Turnpike Liquors and Sunny Mart Food Store. Area demographics include a population of 358,019 within five miles earning $91,119 as the average household income. The average daily traffic count is 17,301 vehicles. For more information regarding Suburban Plaza, contact Nick DeLuca, R.J. Brunelli & Co., LLC, 400 Perrine Road, Suite 405, Old Bridge, NJ 08857; 732-721-5800 Ext. 21, Fax 732-721-9241; Email: ndeluca@rjbrunelli. com; Web site: www.rjbrunelli.com. For more information regarding Mocci Turnpike Plaza, contact William Lenaz, Ext. 15; Email: wlenaz@rjbrunelli.com. Westfield – A 3,930 sq.ft. street level retail space is available along East Broad Street. Area retailers include Victoria’s Secret, Gap, South Moon Under, Athleta, Alex + Ani, Blue Mercury, The Children’s Place, Ann Taylor, Panera Bread and Urban Outfitters. Area demographics include a population of 104,110 within three miles earning $118,246 as the median household income. Page 16 | June 12, 2015
New Jersey
New York
For more information, contact Alison Horbach or Curtis Nassau, Ripco Real Estate, 125 Chubb Avenue, Suite B, Lyndhurst, NJ 07071; 201-777-2300, Fax 201-777-2314; Email: ahorbach@ripconj.com; Web site: www.ripconj.com.
Jericho Turnpike, has spaces available. Cotenants include Waldbaum’s, Stein Mart, Gap, Gap Kids, Ann Taylor Loft, MJM Shoes, New York & Co., Justice, Jos. A. Bank, Chico’s, Rite Aid and Outback Steakhouse. Area demographics include a population of 204,737 within five miles earning $124,267 as the average household income. The average daily traffic count is 29,600 vehicles. For more information, contact Jake Frantzman, Levin Management Corp., 908226-5266; Email: jfrantzman@levinmgt.com.
New York Bridgehampton – Promenade at Bridgehampton, a lifestyle center located along Montauk Highway, has spaces from 1,200 sq.ft. to 15,000 sq.ft. available. Area retailers include Williams-Sonoma, Banana Republic, Citarella, Bobby Van’s, Starbucks, Gap, Victoria’s Secret, Almond and Urban Archaeology. The average daily traffic count is 26,353 vehicles. For more information, contact Jayson Siano, Russel Helbling or Stephanie Zulic, Sabre Real Estate Group, LLC, 500 Old Country Road, Garden City, NY 11530; 516-874-8070 Ext. 501/506/518; Email: jayson@sabreny.com; Web site: www.sabreny.com. Center Moriches – Center Moriches Square, located at the intersection of Montauk Highway and Lake Avenue, has a space of 4,955 sq.ft. available. Cotenants include King Kullen, CVS, Radio Shack, Suffolk County National Bank, Carvel and GameStop. Area demographics include a population of 87,856 within five miles earning $79,933 as the average household income. For more information, contact Dennis McCoy, NAI Long Island, 3 Huntington Quadrangle, Suite 307N, Melville, NY 11747; Email: dmccoy@nailongisland.com; Web site: www.nailongisland.com. Clay – A center located along Route 31, has up to 15,000 sq.ft. of divisible space available. Cotenants include Burlington, Raymour & Flanigan, Longhorn Steakhouse and Uno Chicago Grill. Area demographics include a population of 68,303 within five miles earning $75,074 as the average household income. For more information, contact Kathy Boudreau, Scott Milnamow or Adam Fumarola, Raymour & Flanigan Real Estate, 7248 Morgan Road, Liverpool, NY 13090; 315-453-2520/2590 or 315295-2864, Fax 315-453-2570; Email: realestate@raymourflanigan.com; Web site: www.raymourflanigan.com. Commack – Mayfair Shopping Center, a 220,958 sq.ft. center located along
Dobbs Ferry – A 750 sq.ft. retail space with a drive thru is available at Chauncey Square, a 39,478 sq.ft. building located at the intersection of Livingston Avenue and Lawrence Street. Cotenants include Starbucks, New York Sports Club, GNC, Smoothie King and Verizon Wireless. Area demographics include a population of 75,819 within three miles earning $150,205 as the average household income. The average daily traffic count is 55,000 vehicles along Saw Mill River Parkway. For more information, contact Scott Meshil or Jeff Kintzer, Royal Properties, Inc., 850 Bronx River Road, Bronxville, NY 10708; 914-237-3403 Ext. 106/103, Fax 914-2370196; Email: scott@royalpropertiesinc.com; Web site: www.royalpropertiesinc.com. Freeport – A 4,700 sq.ft. building is available along East Merrick Road, just off Meadowbrook Parkway. Area retailers include BJ’s Wholesale, Payless Shoe Source, Rainbow, Cablevision, Rent-A-Center and Advance Auto Parts. Area demographics include a population of 162,267 within three miles earning $91,545 as the median household income. The average daily traffic count is 25,000 vehicles. For more information, contact Marc Durst, Sholom & Zuckerbrot Realty, LLC, Kaufman Astoria Studios, 35-11 35th Avenue, Long Island City, NY 11106; 718-392-5959, Fax 718-729-3853; Email: mdurst@s-z.com. New York – John Hancock Center, located at the intersection of North Michigan Avenue and East Chestnut Street, has 11,700 sq.ft. of space available. Area retailers include Top Shop, Burberry, AT&T and Under Armour. For more information, contact Greg Kirsch, Leslie Karr or Luke Sementa, Newmark Grubb Knight Frank Retail, 500 West Monroe Street, Chicago, IL 60661; 312-315-5000/312-224-3150/3974; Email: gkirsch@ngkf.com. Dealmakers Magazine | www.dealmakers.net
SPACE PLACE New York
North Carolina
North Carolina
Norwich – Tops Plaza, an 85,453 sq.ft. center located at the intersection of East Main Street and Birdsall Street, has two spaces of 4,000 sq.ft. available, which can be combined. Cotenants include Tops Friendly Markets, Rent-A-Center and Dollar Tree. Area demographics include a population of 13,240 within five miles earning $56,413 as the average household income. For more information, contact Chris McMahon or Tom Smith, Summit Realty Partners, 781-862-9700 Ext. 225/222; Email: cjm@sumrp.com.
and 42,680 sq.ft. available. Cotenants include CVS and Domino’s. Area demographics include a population of 137,006 within five miles earning $48,962 as the average household income. For more information, contact Randy Green, Aston Properties, 610 East Morehead Street, Suite 100, Charlotte, NC 28202; 704319-4939; Email: rwgreen@astonprop.com; Web site: www.astonprop.com.
Commons Drive and Reese Boulevard, has a space of 1,500 sq.ft. available. Cotenants include Publix, 9 Round Fitness, The UPS Store and Pizza Hut. Area demographics include a population of 84,876 within five miles earning $96,018 as the average household income. The average daily traffic count is 31,700 vehicles. For more information, contact Amanda Steidtmann, Crossman & Co., 678-920-1996; Email: asteidtmann@crossmanco.com; Web site: www.crossmanco.com.
Huntersville – Market Square, a 75,374 sq.ft. center located at the intersection of Rose
(continued on page eighteen)
North Carolina Charlotte – A 2,725 sq.ft. building, situated on 0.52 acres, is available at the intersection of East Woodlawn Road and Old Pineville Road. Area retailers include Bojangles, McKoy’s, FedEx Office, Honey Baked Ham, KFC, CVS, Burlington and T.J. Maxx. Area demographics include a population of 190,529 within five miles earning $78,365 as the average household income. Lancaster – RedStone, a 225,000 sq.ft. center located at the intersection of Highway 521 and Highway 160, has retail spaces available, along with outparcels. Area retailers include Lowe’s, Auto Zone, KFC and Taco Bell. Area demographics include a population of 100,843 within five miles earning $109,022 as the average household income. The average daily traffic count is 32,400 vehicles along US Route 521. For more information regarding the property in Charlotte, contact Eric Nichols or J.Q. Freeman, MPV Properties, 521 East Morehead Street, Suite 400, Charlotte, NC 28202; 704-572-5000/704-904-0713; Email: enichols@mpvre.com; Web site: www.mpvre.com. For more information regarding RedStone, contact Keely Simerville, 704-367-5021; Email: ksimerville@mpvre.com. Charlotte – Ballantyne Town Center, located at the intersection of Johnston Road and Providence Road, has an inline spaces available, along with a 5,000 sq.ft. outparcel. Cotenants include Publix and Walgreens. Area demographics include a population of 63,842 within five miles earning $101,561 as the average household income. For more information, contact Stiles Realty; Web site: www.stiles.com. Greensboro – Alamance Crossing, a 63,398 sq.ft. center located at the intersection of Alamance Church Road and US Highway 421, has spaces of 3,150 sq.ft., 4,000 sq.ft. Dealmakers Magazine | www.dealmakers.net
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SPACE PLACE Texas (continued from page seventeen)
Amarillo – Westgate Plaza, a 486,522 sq.ft. center located at the intersection of Soncy Road and Interstate Highway 40, has spaces of 2,400 sq.ft. and 3,035 sq.ft. available. Cotenants include Home Depot, Kohl’s, Old Navy, Dollar Tree, PetSmart, Office Max, Bed Bath & Beyond, Ross Dress for Less, Shoe Carnival, David’s Bridal and Jo-Ann Fabrics. Area demographics include a population of 109,185 within five miles earning $70,629 as the average household income. For more information, contact Douglas Schooley, Kimco Realty, 3102 Maple Avenue, Suite 620, Dallas, TX 75201; 972638-5242; Email: dschooley@kimcorealty. com; Web site: www.kimcorealty.com. Cypress – The Plazas at Longwood, a 29,580 sq.ft. center located at the intersection of Grant Road and Louetta, has spaces of 1,650 sq.ft. and 2,220 sq.ft. available. Cotenants include Sport Clips, Koko Fit Club and Mezzanote Italian Restaurant. Area demographics include a population of 81,386 within three miles earning $126,805 as the average household income.
Texas
Texas
For more information, contact Courtney Lavender, The Vista Cos., 281-560-7320; Email: courtney@vistahouston.com; Web site: www.vistahouston.com.
Hour Fitness, Burlington and Hobby Lobby. Area demographics include a population of 275,090 within five miles earning $76,932 as the average household income. The average daily traffic count is 126,000 vehicles along Interstate 820. For more information, contact Kerry Assa, Bright Realty, 2520 King Arthur Boulevard, Suite 200, Lewisville, TX 75056; 972-4106600; Email: kerry.assa@brightrealtyco.com; Web site: www.brightrealtyco.com.
Houston – Antoine Square, located at the intersection of Hardway Street and Antoine Drive, has spaces of 1,163 sq.ft., 1,600 sq.ft., 1,700 sq.ft. and 3,698 sq.ft. available. Cotenants include King Dollar and AutoZone. Area demographics include a population of 349,997 within five miles earning $59,697 as the average household income. For more information, contact James Goldsmith, Gator Investments, 1595 Northeast 163rd Street, North Miami Beach, FL 33162; 877-459-9605; Email: sales@gatorinvestments.com; Web site: www.gatorinvestments.com. North Richland Hills – Pad sites of .94-acres and 1.13-acres are available for ground lease or build to suit at the intersection of Interstate 820 and Rufe Snow Drive. Area retailers include Walmart Supercenter, Winco Foods, Home Depot, Sam’s Club, 24
Virginia Glen Allen – Virginia Center Commons Area, a 7,500 sq.ft. center located along Brook Road, has a space of 2,342 sq.ft. available. Cotenants include Goodyear. Area demographics include a population of 35,116 within three miles earning $91,660 as the average household income. For more information, contact Nathan Shor or Phillip Elliott, S.L. Nusbaum Realty Co., 9211 Forest Hill Avenue, Suite 110, Richmond, VA 23235; 804-320-7600; Email: nshor@slnusbaum.com; Web site: D www.slnusbaum.com. M
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