Reporting The Nation’s Weekly News on Retailing & Retail Real Estate Volume XXVIII No. XXIII
June 14, 2013
FEATURING apparel Chains Expand Nationwide Buffalo Exchange operates 48 locations throughout AZ, CA, CO, GA, IL, LA, MA, MN, NC, NM, NV, NY, OR, PA, TX, WA and Washington, DC. The stores, offering new and used apparel and accessories which can be bought, sold or traded directly with customers, occupy spaces of 2,000 sq.ft. to 4,000 sq.ft. in downtown areas and street fronts. Growth opportunities are sought throughout FL; Boston, MA; MD; New York, NY and Washington, DC during the coming 18 months, with representation by Task Realty. For more information, contact Adam Stupak, Task Realty, 114 West 26th Street, 5th Floor, New York, NY 10001; 646-7708820; Email: adam@taskrealestate.com; Web sites: www.taskrealestate.com and www.buffaloexchange.com. Goodwill of Greater DC operates locations throughout MD, VA and Washington, DC. The stores, offering gently used apparel, accessories and household items, occupy spaces of 18,000 sq.ft. to 25,000 sq.ft. in various retail settings. Growth opportunities are sought throughout MD, VA and the Washington, DC suburbs during the coming 18 months, with representation by Newmark Grubb Knight Frank. For more information, contact Edward Goldmeier, Newmark Grubb Knight Frank, 400 East Pratt Street, Suite 710, Baltimore, MD 21202; 410-625-4202; Email: egoldmeier@ngkf.com; Web site: www.ngkf.com.
Dots, LLC trades as Dots Fashions at 415 locations throughout the northeast, Midwest, southeast and Mid-Atlantic regions of the U.S., as well as in TX. The stores, offering women’s apparel, accessories and footwear, occupy spaces of 4,000 sq.ft. to 5,000 sq.ft. in community, power and strip centers. Plans call for 50 openings throughout the existing markets during the coming 18 months. Typical leases run five years with three, five-year options. A white box is required. Preferred cotenants include Target, Walmart and grocery stores. Preferred demographics include a population of 75,000 within three miles earning $35,000 to $55,000 as the average household income. For more information, contact Kyle Koenig, Dots, LLC, 30300 Emerald Valley Parkway, Glenwillow, OH 44139; 440-349-7040, Fax 440-349-7004; Email: kkoenig@dots.com; Web site: www.dots.com. BMR Holdings, LLC trades as Patchington at 22 locations throughout FL. The stores, offering women’s apparel items, occupy spaces of 1,500 sq.ft. in specialty centers. Growth opportunities are sought throughout the existing market during the coming 18 months. For more information, contact Karen Krueger, BMR Holdings, LLC, 13920 58th Street North, Suite 1006, Clearwater, FL 33760; 727-5362195 Ext. 226, Fax 727-535-0296; Web site: www.patchington.com. (continued on page eight)
This issue contains information on: • Retailers operating 57,368 locations with plans to open 2,297 sites • Real estate valued in excess of $47 million to be bought, sold & financed • Leasing activity on over 4 million sq.ft. of retail properties s Postmaster: Periodical New nt a te rt di Impo se Expe Plea
national focus New Construction Red Legacy to expand shopping center in Brentwood, CA............ Pg. 3 Buyers and Sellers Plaza Advisors sold a Winn-Dixie anchored shopping center in FL Pg. 4 Who’s Opening and Where Five Below to open in Memphis in 2014....................................... Pg. 5 Hibbett Sports plans to open up to 75 stores................................. Pg. 5 Food Chains Expand Cups to enter FL......................... Pg. 6 Lease Signings Brixmor inks deal with Toys 4 U in NJ........................................... Pg. 7 Sources of Financing Massey Knakal Realty Services refinances NJ shopping center.... Pg. 7 Making the News Garrard Group taps talent for FL market........................................ Pg. 7 Exclusives Velocity Retail Group reps bbb! Fashion throughout AZ............... Pg. 8 Lead Sheet Round 1 to enter IL, NY and TX
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Sabon NYC to go national.......... Pg. 12 Space Place................................ Pg. 14