Reporting The Nation’s Weekly News on Retailing & Retail Real Estate
Volume XXV No. XXV
July 9, 2010
Home-Related Chains Expand Nationwide BLP Mobile Paint Manufacturing Co., Inc. trades as BLP Mobile Paints at 20 locations throughout 12 states in the southern and southwestern regions of the U.S., as well as throughout Puerto Rico and the Virgin Islands. The home improvement centers occupy spaces of 4,000 sq.ft. in freestanding locations, malls and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. For more information, contact Curtis Polk, BLP Mobile Paint Manufacturing Co., Inc., 4775 Hamilton Boulevard, Theodore, AL 36582; 251-443-6110, Fax 251-408-0410; Email: cp@blpmobilepaint.com; Web site: www.blpmobilepaint.com. Tollefson’s Retail Group trades as Carpet Garage and Slumberland Furniture at 23 locations throughout MN, MT and ND. The stores, offering floor coverings and carpet, as well as mattresses; bedroom, living room and dining room furniture and home accessories, occupy spaces of 16,000 sq.ft. to 21,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. Preferred demographics include a population of 35,000 within 15 miles. A land area of 50,000 sq.ft. is required. The company prefers to acquire sites. For more information, contact Roger Tollefson, Tollefson’s Retail Group, PO Box 698, Minot, ND 58701; 701-852-5231, Fax 701-837-0177; Web site: www.carpetgarage.com.
Ace Hardware Corp. trades as Ace Hardware at 4,600 locations nationwide. The hardware stores, offering lawn and garden items, paint, tools, home goods, hardware and plumbing, heating and cooling, electrical and automotive supplies, occupy spaces of 8,500 sq.ft. to 12,500 sq.ft. in freestanding locations and endcaps of shopping centers. Growth opportunities are sought throughout Atlanta, GA; Louisville, KY and Memphis, TN during the coming 18 months. Preferred demographics include a tradearea population earning $45,000 as the average household income. For more information, contact Robert Nease, Ace Hardware Corp., 5224 Three Notch Road, Ringgold, GA 30736; 423-314-6042; Email: rnease@acehardware.com; Web site: www.acehardware.com. Kitchen Kapers, Inc. trades as Kitchen Kapers at 14 locations throughout DE, NJ and PA. The stores, offering kitchen appliances and supplies, occupy spaces of 2,500 sq.ft. to 4,000 sq.ft. in freestanding locations, malls and lifestyle, power and specialty centers, in addition to urban/downtown areas. Growth opportunities are sought throughout NJ and PA during the coming 18 months. For more information, contact Rick Kratchman, Kitchen Kapers, Inc., 1250 Marlkress Road, Cherry Hill, NJ 08003; 856-424-3400; Email: rick@kitchenkapers.com; Web site: www.kitchenkapers.com. (continued on page eight)
This issue contains information on:
* Retailers operating 63,395 locations with plans to open 4,683 sites * Real estate valued in excess of $63.6 million to be bought, sold & financed * Leasing activity on over 6.6 million sq.ft. of retail properties
Important News Please Expedite
Postmaster: Periodical
Featuring New Construction Lockard Development Co. is developing a 400,000 sq.ft. project in Ft. Worth, TX...... Pg. 3 Openings Ollie’s Bargain Outlet will open 15 locations this year Pg. 4 Big Lots, Inc. to open 80 locations this year............... Pg. 6 Buyers & Sellers ARC Properties, Inc. looks to acquire single-tenant properties nationwide......... Pg. 5 Exclusives Newmark Knight Frank represents Clearwire with their expansion nationwide Pg. 6 Food Retailers Expand 5 & Diner of North America, LLC seeks locations nationwide......................... Pg. 7 Lease Signings Inland Real Estate Corp. negotiated a lease for 56,118 sq.ft. with Michael’s Fresh Market in Country Club Hills, IL............................... Pg. 8 Lead Sheet Just-A-Buck seeking locations throughout CT, DE, ME, NJ, NY, OH, PA and TN........... Pg. 9 Cabela’s, Inc. looks to expand nationwide............. Pg. 12 Space Place........................ Pg. 14
For more news go to: www.dealmakers.net Mobile Access Code: nf7910