Reporting The Nation’s Weekly News on Retailing & Retail Real Estate
Volume XXV No. XXIII
June 18, 2010
Apparel Chains Expand Nationwide Conway operates 40 locations nationwide. The stores, offering discounted apparel, occupy spaces of 25,000 sq.ft. in malls and community and regional shopping centers. Growth opportunities are sought throughout CT during the coming 18 months, with representation by Fairfield Retail Partners, LLC. Preferred cotenants include grocery stores and fashion retailers. Preferred demographics include a trade-area population of 200,000 earning $48,000 to $65,000 as the average household income. For more information, contact Cheryl Pellegrini, Fairfield Retail Partners, LLC, 88 Ryders Lane, Stratford, CT 06614; 203-870-8200, Fax 203-870-8201; Email: cpellegrini@fairfieldretail.com; Web site: www.fairfieldretail.com. Rugged Wearhouse operates 70 locations throughout the eastern and southern regions of the U.S. The stores, offering discounted men’s and women’s apparel, footwear and accessories, as well as home furnishings and lifestyle products in select markets, occupy spaces of 11,000 sq.ft. to 13,000 sq.ft. in secondgeneration spaces. Growth opportunities are sought throughout DE, MD, NC and VA during the coming 18 months. For more information, contact Jim Barger, Rugged Wearhouse, 55 Scott Avenue, Morgantown, WV 26508; 304-225-7141, Fax 304-292-3876; Email: jim.barger@gabes.net; Web site: www.ruggedwearhouse.com.
Carter’s Retail, Inc. trades as Carter’s Childrenswear and OshKosh B’Gosh at 453 locations nationwide. The stores, offering apparel for young children and infants, occupy spaces of 4,000 sq.ft. to 4,500 sq.ft. in lifestyle, outlet, power and tourist centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run 10 years with two, five-year options. A vanilla shell is required. Preferred cotenants include DSW, Marshalls, Bed Bath & Beyond, Justice, Famous Footwear, Kohl’s, Old Navy, Target and T.J. Maxx. Preferred demographics include a population of 150,000 within five miles earning $75,000 as the average household income. Major competitors include The Children’s Place, Gap Kids/Baby Gap and Gymboree. For more information, contact John Clevinger, Carter’s Retail, Inc., 1170 Peachtree Street Northeast, Suite 900, Atlanta, GA 30309; 404-745-2700, Fax 404-407-3191; Web site: www.carters.com. Cecil B Corp. trades as Bachelors, Cecil B and City Man at seven locations throughout MI. The apparel stores occupy spaces of 2,000 sq.ft. to 3,500 sq.ft. in malls and anchored strip centers. Growth opportunities are sought throughout FL and MI during the coming 18 months. For more information, contact Pravin Bhagwan, Cecil B Corp., K-309 Fairlane Town Center, 18900 Michigan Avenue, Dearborn, MI 48126; 313-336-7294. (continued on page ten)
This issue contains information on:
* Retailers operating 58,775 locations with plans to open 4,466 sites * Real estate valued in excess of $545.7 million to be bought, sold & financed * Leasing activity on over 6.01 million sq.ft. of retail properties
Important News Please Expedite
Postmaster: Periodical
Featuring New Construction Petrovich Development Co. is preleasing a 350,000 sq.ft. project in Anderson, CA........ Pg. 3 Openings Best Buy Co., Inc. to open as many as 170 locations nationwide by February 2011 Pg. 4 Margaritas Management Group seeks locations throughout CT, MA, MD, NJ, NY, PA, RI, VA, VT and DC.... Pg. 9 Buyers & Sellers Calkain Cos., Inc. is selling a 20,000 sq.ft. center in Severn, MD........................................ Pg. 5 The Land Sharks is selling a 16.8-acre development in Orlando, FL........................... Pg. 5 Food Retailers Expand Abbott’s Frozen Custard, Inc. seeks locations throughout the eastern U.S...................... Pg. 6 In the News National Asset Services hired Adi Peery as senior portfolio manager................................ Pg. 7 Lease Signings Cassidy Turley BRE Commercial negotiated a lease with Ross Dress for Less in San Diego, CA................... Pg. 7 Exclusives Continental Real Estate Cos. named leasing agent for a center in Lakeland, FL............ Pg. 8 Sources of Finance HomeCoast Capital, LLC provides financing for commercial properties nationwide.................................. Pg. 9 Lead Sheet Big Lots, Inc. seeks locations nationwide............................ Pg. 12 Sur La Table looks for locations nationwide............. Pg. 14 Space Place........................... Pg. 16
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