Dealmakers Magazine | June 24, 2011

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

Volume XXVI No. XXIV

June 24, 2011

Apparel Chains Expand Nationwide Peace Frogs operates 41 locations throughout DE, FL, MA, MD, MI, MO, MS, NJ, SC, TX, VA and Washington, DC. The stores, offering apparel and accessories, occupy spaces of 100 sq.ft. to 800 sq.ft. in tourist centers. Growth opportunities are sought throughout CA and the Caribbean during the coming 18 months. Typical leases run two to five years. Preferred demographics include a trade-area population of 500,000 within tourist areas. The company is franchising. For more information, contact Catesby Jones, Peace Frogs, PO Box 137, Whitemarsh, VA 23183; 804-695-1314, Fax 804-695-1714; Email: catesby@mindspring.com; Web site: www.peacefrogs.com. Rainbow Apparel Cos. trades as Rainbow, Rainbow Plus, Rainbow Kids, 579, Kidspot, Fashion Cents, Best Price, Foxmoor, Emphasis and Marianne at more than 1,200 locations nationwide and internationally. The stores, offering juniors’, plus-size and children’s apparel, as well as footwear and accessories, occupy spaces of 1,800 sq.ft. to 15,000 sq.ft. in malls and strip centers and urban/downtown areas. Growth opportunities are sought nationwide during the coming 18 months. For more information, contact Andre Nikol, Rainbow Apparel Cos., 1000 Pennsylvania Avenue, Brooklyn, NY 11207; 718-485-3000 Ext. 223, Fax 718-485-3807; Email: anikol@rainbow-mail.com; Web site: www.rainbowshops.com.

Hut no. 8 operates five locations in FL, MO, NE and TX. The stores, offering the resale and consignment of new and used designer apparel and accessories, occupy spaces of 1,500 sq.ft. to 3,000 sq.ft. in entertainment, outlet, specialty, strip and value centers, as well as urban/ downtown areas. Plans call for 10 openings nationwide during the coming 18 months, with representation by APE Realty, Inc. Typical leases run five years with a five-year option. A vanilla shell and tenant improvement allowance are required. Preferred demographics include a population of 40,000 with three miles earning $40,000 to $60,000 as the average household income. Major competitors include Plato’s Closet. Expansion is franchise-driven. For more information, contact Mark Camara, APE Realty, Inc., 4491 West Whitewater Avenue, Weston, FL 33332; Email: mcamara@aperealty.com; Web site: www.aperealty.com. Deb Shops, Inc. trades as Deb at 325 locations nationwide. The stores, offering discounted juniors’ and plus-size apparel, as well as accessories and footwear, occupy spaces of 7,000 sq.ft. to 8,000 sq.ft. in malls and power centers. Growth opportunities are sought throughout the existing market during the coming 18 months. For more information, contact John DeAngelis, Deb Shops, Inc., 9401 Blue Grass Road, Philadelphia, PA 19114; 215-676-6000, Fax 215-698-8664; Web site: www.debshops.com. (continued on page nine)

This issue contains information on:

* Retailers operating 26,471 locations with plans to open 1,534 sites * Real estate valued in excess of $166.9 million to be bought, sold & financed * Leasing activity on over 2.5 million sq.ft. of retail properties

Important News Please Expedite

Postmaster: Periodical

Featuring National Focus New Construction Tucker Development Corp. is developing a mixed-use project in Ft. Lee, NJ.............. Pg. 3 Openings The Foundry Big & Tall Supply Co. to open 100 stores nationwide by 2013.............. Pg. 4 Big 5 Sporting Goods ramps up expansion......................... Pg. 4 rue21 projects opening 110 new locations........................ Pg. 4 Food Retailers Expand Baja Sol Tortilla Grill to grow in the Midwest....................... Pg. 5 Exclusives Mid-America Real Estate takes on leasing of 195,000 sq.ft. center in MN......................... Pg. 6 Buyers and Sellers Morgan Tanner Realty, LLC acquiring shopping centers in Broward and Palm Beach, FL Pg. 6 Sources of Financing M. Robert Goldman & Co. arranged $63 million in financing for properties throughout NY....................... Pg. 7 Lease Signings Zell Commercial Real Estate Services, Inc. negotiated leases throughout AZ............. Pg. 8 In the News Gart Properties, LLC merged with Kornfeld Cos., LLP......... Pg. 9 Lead Sheet Claire’s Stores plans 40 new stores within the next 18 months.................................. Pg. 11 Midas Realty Corp. seeking locations throughout 19 states and Washington, DC............. Pg. 11 Space Place........................... Pg. 16

For more news go to: www.dealmakers.net Mobile Access Code: nf062411


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