Reporting The Nation’s Weekly News on Retailing & Retail Real Estate
Volume XXIV No. XXIV
June 26, 2009
Home-Related Chains Expand Nationwide Ace Hardware Corp. trades as Ace Hardware at 4,600 locations nationwide and internationally. The stores, offering lawn and garden, electrical and plumbing supplies, in addition to paint, tools, automotive and hardware items, occupy spaces of 10,000 sq.ft. to 15,000 sq.ft. in endcaps, freestanding locations and strip centers. Growth opportunities are sought nationwide during the coming 18 months. Typical leases run five years with options. A vanilla shell is required. Preferred demographics include a population of 10,000 within one mile earning $40,000 as the average household income. For more information, contact Business Development Department, Ace Hardware Corp., 2200 Kensington Court, Oakbrook, IL 60523; 630-990-6900; Web site: www.myace.com. Lampert Yards, Inc. trades as Lamperts at 35 locations throughout IA, MN, ND, SD and WI. The centers, offering building supplies and materials, including lumber, doors, windows, tile, cabinets, roofing, siding, electrical supplies and hardware, occupy spaces of 5,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. The company prefers to acquire existing sites or raw land. A land area of seven to 10 acres is required. For more information, contact Dan Fesler, Lampert Yards, Inc., 1850 Como Avenue, St. Paul, MN 55108; 651-695-3605, Fax 651-6953601; Email: dfesler@lampertyards.com; Web site: www.lampertyards.com.
Menard, Inc. trades as Menard’s at 200 locations throughout IA, IL, IN, MI, MN, MO, ND, NE, OH, SD, WI and WY. The home centers, featuring garage building, house design plans and post frame building designs, as well as offering countertops, doors, decks, roofing materials and trusses, occupy spaces of 250,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. Preferred cotenants include Meijer, Wal*Mart and Target. Preferred demographics include a population of 100,000 within 10 miles. Major competitors include Lowe’s Home Improvement, Home Depot and Sears Hardware. For more information, contact Jaime Radabaugh or Adam Ray, Menard, Inc., 5101 Menard Drive, Eau Claire, WI 54703; 715-8762224/2309, Fax 715-876-2743. Costello’s Ace Hardware operates 17 locations throughout NY. The home improvement centers occupy spaces of 10,000 sq.ft. to 30,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout Long Island, Queens, Staten Island and Westchester, NY during the coming 18 months, with representation by First Development Corp. Realty. For more information, contact Stuart Kramer, First Development Corp. Realty, 1328 Motor Parkway, Hauppauge, NY 11749; 631-2343200; Email: christine@fdcrealty.com. (continued on page eight)
This issue contains information on:
* Retailers operating 28,806 locations with plans to open 1,737 sites * Real estate valued in excess of $22.17 million to be bought, sold & financed * Leasing activity on over 4.518 million sq.ft. of retail properties
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Featuring Pre-Show New England Idea Exchange New Construction NAI JL Davis Realty is preleasing a power center located in Williston, VT......... Pg. 3 Buyers & Sellers Massey Knakal Realty Services negotiated the sale of a mixed-use building in Jackson Heights, NY........................... Pg. 4 Food Retailers Expand Bobby’s Burger Palace is looking for sites throughout the Mid-Atlantic and Northeast............................... Pg. 5 In The News The Cafaro Co. hired Arthur E. Stevens III as a senior leasing representative........................ Pg. 5 Openings Publix will open two locations in Dothan, AL next year......... Pg. 6 Starbucks looks for Seattle’s Best Coffee sites nationwide Pg. 9 Exclusives National Commercial Brokers represents a number of retailers with their expansion throughout New England....... Pg. 7 Lease Signings NAI Capital negotiated a lease with Townhouse Restaurant & Wine Bar for space in Sherman Oaks, CA................ Pg. 12 Lead Sheet Walgreens looks for sites nationwide and throughout Puerto Rico............................ Pg. 13 Cabela’s plans to open locations nationwide............. Pg. 16 Space Place........................... Pg. 18
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