Reporting The Nation’s Weekly News on Retailing & Retail Real Estate Volume XXX No. XXV
July 10, 2015
FEATURING SUPERMARKET CHAINS EXPAND Fresh Thyme Farmers Market features deli and cheese, bakery, meat, produce and seafood departments, as well as offering bulk food items and prefers to occupy spaces of 26,000 sq.ft. to 30,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout IA, IL, IN, KY, MI, MN, MO, ND, NE, OH, SD, TN, VA, WI and WV during the coming 18 months. The company will be operating 27 locations throughout IL, IN, MI, MN, MO and OH by the end of the year. For more information, contact Justin Haasch, Fresh Thyme Farmers Market, 2222 West Pinnacle Peak Road, Suite 220, Phoenix, AZ 85027; 844218-8032; Email: jhaasch@freshthyme.com; Web site: www.freshthyme.com. Lucky’s Market, LLC trades as Lucky’s Market at 11 locations throughout CO, FL, GA, IA, IN, KY, MI, MO, MT, OH and WY. The supermarkets, offering organic and natural food items, occupy spaces of 30,000 sq.ft. in freestanding locations. Plans call for 18 openings throughout GA, IN, MI, MO, SC and WY during the coming 18 months. The company will also consider locating in second-generation spaces, as well as groundup sites with adequate parking. For more information, contact Director of Real Estate, Lucky’s Market, LLC, 5303 Spine Road, Suite 101, Boulder, CO 80301; 303-5300782; Email: pat@luckysmarket.com; Web site: www.luckysmarket.com.
The Fresh Market operates 170 locations throughout AL, AR, CT, FL, GA, IA, IL, IN, KS, KY, LA, MA, MD, MO, MS, NC, NH, NJ, NY, OH, OK, PA, SC, TN, TX, VA and WI. The supermarkets, offering floral, produce, seafood, prepared food items, health and beauty and wine departments, occupy spaces of 19,000 sq.ft. to 22,000 sq.ft. in lifestyle, power and neighborhood shopping centers. Growth opportunities are sought throughout the Midwestern and eastern regions of the U.S. during the coming 18 months. For more information, contact James Dewey, The Fresh Market, 628 Green Valley Road, Suite 500, Greensboro, NC 27408; 336-272-1338, Fax 336-389-5786; Email: jamesdewey@thefreshmarket.com; Web site: www.thefreshmarket.com. Ahold USA trades as Giant and Martin’s at more than 200 locations throughout MD, PA, VA and WV. The supermarkets occupy spaces of 30,000 sq.ft. to 73,000 sq.ft. in freestanding locations, lifestyle, power and strip centers. Plans call for four to six openings throughout the existing market during the coming 18 months. Typical leases run 20 years. For more information, contact Joe LaCagnina, Ahold USA, 1149 Harrisburg Pike, Carlisle, PA 17013; 717-240-7601, Fax 717-240-7595; Email: joseph.lacagnina@aholdusa.com; Web site: www.ahold.com. (continued on page thirteen)
THIS ISSUE CONTAINS INFORMATION ON: • Retailers operating 75,249 locations with plans to open 3,132 sites • Real estate valued in excess of $80 million to be bought, sold & financed • Leasing activity on over 3.3 million sq.ft. of retail properties WS T NE RTAN PEDITE O P X IM SE E PLEA
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PRE-SHOW ICSC NEW ENGLAND IDEA EXCHANGE New Construction Edgewood Properties preleases Costco anchored site in NJ.......... Pg. 4 Buyers and Sellers Venture Commercial Real Estate acquires shopping center in TX Pg. 5 Food Chains Expand Zoe’s Kitchen to open 50 locations..................................... Pg. 6 Who’s Opening and Where DavidsTea hot for national growth........................................ Pg. 7 Century 21 to enter FL................ Pg. 7 Iron Tribe Fitness plans to open 175 sites by the end of 2017....... Pg. 7 Exclusives and Tenant Reps Caton Commercial represents Honey-Jam Café in select markets of IL............................................ Pg. 8 Lease Signings ECHO Realty inks deal with MedStar Prompt Care................. Pg. 8 Lead Sheet B & B Theatres plans growth in the Midwest................................ Pg. 10 Fit36 to open at least 30 locations nationwide................................. Pg. 11 Tractor Supply Co. to open more than 150 locations...................... Pg. 12 Zumiez projects 35 new stores.... Pg. 12 Making the News Colliers International fills NJ post Pg. 13 Space Place................................ Pg. 14
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NEW CONSTRUCTION Realm Realty is preleasing the redevelopment of Caffery Center, an 87,500 sq.ft. shopping center located at the intersection of Ambassador Caffery Parkway and Kaliste Saloom Road in Lafayette, LA. A 52,000 sq.ft. proposed anchor space and small shop spaces will be available, along with a pad site available for ground lease or build-to-suit. The site is near Super Target, Albertsons, Kohl’s and Walgreens. Area demographics include a population of 118,007 within a five-mile radius earning $83,253 as the average household income. The average daily traffic count is 53,557 vehicles. For more information, contact Jarrett Adame, Realm Realty, 900 Town & Country Lane, Suite 210, Houston, TX 77024; 713465-0001; Email: jadame@realmrealty.com; Web site: www.realmrealty.com. Visconsi Cos., Ltd. is preleasing Wintergreen Walk, a mixed-use development located at the intersection of Highway 305 and High School Road in Bainbridge Island, WA. Walgreens anchors the site. Inline spaces, endcaps and freestanding buildings are available. Area retailers include Safeway, Rite Aid, Subway, McDonald’s, Wells Fargo Bank and Ace Hardware. Area demographics include a trade-area population earning $90,000 as the median household income. The average daily traffic count is 29,000 vehicles. For more information, contact Brad Goldberg or Mark Schroeder, Visconsi Cos., Ltd., 30050 Chagrin Boulevard, Suite 360, Pepper Pike, OH 44124; 216-4645550; Emails: bgoldberg@visconsi.com and mschroed@visconsi.com; Web site: www.visconsi.com. The Staenberg Group is preleasing The Old Mill Shopping Center, a retail development located along Washington Road near the intersection of Interstate 70 and Interstate 79 in Washington, PA. Spaces from 3,000 sq.ft. to 35,000 sq.ft. are available. The site is anchored by a 55,000 sq.ft. Hobby Lobby and cotenants include Field & Stream, Max & Erma’s, Buffalo Wild Wings, Anytime Fitness, Chick-fil-A, Noodles & Co., Longhorn Steakhouse and The Olive Garden. Area demographics include a population of 111,404 within a 10-mile radius earning $78,757 as the average household income. For more information, contact Sam Adler, The Staenberg Group, 2127 Innerbelt Business Center Drive, Suite 310, St. Louis, MO 63114; 314-513-1500; Email: sadler@tsgproperties.com; Web site: www.tsgproperties.com. Page 4 | July 10, 2015
Edgewood Properties is preleasing Market Place at Monroe, a 500,000 sq.ft. retail development located along Route 33 in Middlesex County, NJ. Up to 161,673 sq.ft. of space will be available. Costco Wholesale anchors the site. Area retailers include TD Bank, Wells Fargo Bank, CVS, Wendy’s, Burger King, Ross Dress for Less, Walgreens, Rite Aid and Staples. Area demographics include a population of 60,419 within a fivemile radius earning $105,599 as the average household income. For more information, contact Joseph D. Morris or Sid Singer, Edgewood Properties, 1260 Stelton Road, Piscataway, NJ 08854; 732-985-1900; Emails: joedmorris@edgewoodproperties.com and ssinger@edgewoodproperties.com; Web site: www.edgewoodproperties.com. McClinton Commercial Real Estate is preleasing the redevelopment of Perry Hill Crossing, a 22,000 sq.ft. shopping center situated on 12 acres in Montgomery, AL. A land parcel is available. Cotenants include Zaxby’s, Burger King and Mapco. Area demographics include a population of 65,000 within a three-mile radius earning $70,000 as the average household income. The average daily traffic count is 28,000 vehicles. For more information, contact David McClinton, McClinton Commercial Real Estate; 334-270-9177; Email: mcclintond@mcclintonco.com. J.C. Bar Properties, Inc. is preleasing Hampden Marketplace, a mixed-use development located at the intersection of Wertzville Road and Valley Road in Enola, PA. Outparcels are available, along with up to 8,800 sq.ft. of inline space. Giant anchors the site and cotenants include Great Clips and a proposed Planet Fitness. Area demographics include a population of 88,753 within a five-mile radius earning $87,240 as the average household income. The average daily traffic count is 85,000 vehicles along Interstate 81. For more information, contact J.C. Bar Properties, Inc.; 717-761-7801; Web site: www.jcbarprop.com GBT Realty Corp. is developing Crestview at the Summit, a mixed-use development located in Brentwood, TN. Plans will include 480,000 sq.ft. of office space, along with a restaurant and hospitality component. The project is slated for completion during 2018. For more information, contact GBT Realty Corp., 9010 Overlook Boulevard, Brentwood, TN 37027; 615-370-0670; Web site: www.gbtrealty.com.
CPEX Real Estate is preleasing One Brooklyn Bridge, a mixed-use development located along Furman Street in Brooklyn, NY. Retail spaces are available. Area retailers include Trader Joe’s, J. Crew, Urban Outfitters, Barney’s Co-Op and The River Café. For more information, contact Ryan Condren, George Danut or Keat Chew, CPEX Real Estate, 81 Willoughby Street, 8th Floor, Brooklyn, NY 11201; 718-6874212/4220/4209; Emails: rcondren@cpexre.com, D gdanut@cpexre.com and kchew@cpexre.com. M
President/Publisher Ann O’Neal • ann@dealmakers.net Editor Erin Dunkley • erin@dealmakers.net Editor Stephanie Weaver • stephanie@dealmakers.net Creative Director Anthony Pingicer • anthony@dealmakers.net Account Executive Nicole Papa • nicole@dealmakers.net Executive Assistant Kait Kelly • kait@dealmakers.net Co-Founder Ted Kraus • 1979–2007
The DealmakersTM (ISSN 1055-0771) is published weekly except for the weeks of January 1st, July 4th, the ICSC's Spring and Fall Conventions and December 25th for $344 per year U.S., foreign $419 by TKO Real Estate Advisory Group Inc., PO Box 2630, Mercerville, NJ 08690-0630. The Dealmakers TM reports on over 20,000 retailers, developers and management companies every year. It is written by real estate professionals for real estate professionals. The newsletter keeps readers abreast of the latest leasing, development and management changes occurring in the real estate industry on a weekly basis. NOTE: Current federal law requires written consent from a company prior to utilizing the published fax number. Share The DealmakersTM with your organization or service for free. Just let us know when your next meeting is and we'll send you copies of our issue for free for your members to learn how to be a better dealmaker! POSTMASTER: Send address changes to The Dealmakers, PO Box 2630 Mercerville, NJ 08690-0630. Periodical postage paid at Trenton, NJ and at additional mailing offices. Affiliated with Tenant Search, E.S.P., E-Blast Copyright 2015 by TKO Real Estate Advisory Group Inc. 609-587-6200, fax 609-587-3511.
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BUYERS AND SELLERS Stan Johnson Co. is selling a freestanding LA Fitness located in Powell, OH. The tenant is bound to a lease with 12.75 years remaining on the initial term and featuring two, 10year renewal options. Area demographics include a population of 41,429 within a three-mile radius earning $152,605 as the average household income. The asking price is $18.728 million. The company is also selling a Lowe’s Home Improvement ground lease, which also includes two outparcels, along State Route 23 in Oneonta, NY. The tenant is bound to a lease with 11 years remaining on the initial term and featuring five, five-year options with rental escalations. Area retailers include Home Depot, Dick’s Sporting Goods, Bed Bath & Beyond and Aldi. Area demographics include a trade-area population of 140,000. The asking price is $5.273 million. For more information regarding LA Fitness, contact Melissa McKenzie-Stickels, Stan Johnson Co., 6120 South Yale Avenue, Suite 813, Tulsa, OK 74136; 918-4942690; Email: mmckenzie@stanjohnsonco.com. Web site: www.stanjohnsonco.com. For more information regarding Lowe’s Home Improvement, contact Ryan Butler, Brad Moulder or Anne Perrault; Emails: rbutler@stanjohnsonco.com; aperrault@stanjohnsonco.com and bmoulder@stanjohnsonco.com. SRS Real Estate Partners is selling Willowdaile Shopping Center, an 89,617 sq.ft. community shopping center located in Durham, NC. Ollie’s Bargain Outlet and Dollar Tree anchor the center. Area retailers include Harris Teeter and Food Lion. The average daily traffic count is 15,659 vehicles. The asking price is $7.681 million with a Cap rate of 8.25%. For more information, contact Kyle Stonis or Pierce Mayson, SRS Real Estate Partners, 3400 Peachtree Road Northeast, Suite 1100, Atlanta, GA 30326; 678-420-1393/404-2314696; Emails: kyle.stonis@srsre.com and pierce.mayson@srsre.com. Beck Partners CRE, LLC is selling Forest Oaks Plaza, a shopping center located at the intersection of Davis Highway and Brent Lane in Pensacola, FL. The property is currently 37% occupied and tenants include Omni Fitness Center, Dollar General, RentA-Center and H&R Block. The average daily traffic count is 37,000 vehicles. For more information, contact Justin Beck or John Fifer, Beck Partners CRE, LLC, 4900 Bayou Boulevard, Suite 103, Pensacola, FL 32053; 850-477-7044; Emails: jbeck@teambeck.com and jfifer@teambeck.com; Web site: www.teambeck.com. Dealmakers Magazine | www.dealmakers.net
Marcus & Millichap recently negotiated the sale of an Old Time Pottery store located at the intersection of Alabama Highway 59 and Keller Road in Foley, AL, while representing the seller in the transaction. The company is also selling a 35,914 sq.ft. freestanding BiLo situated on 9.88 acres along South Pearl Street in Pageland, SC. The tenant is bound to a 20-year NNN lease featuring four, five-year renewal options. Area retailers include CVS, Dollar General, Maxway and First Citizens Bank. The asking price is $5.054 million with a Cap rate of 6.75%. For more information regarding the Old Time Pottery properties, contact Marcus & Millichap; Web site: www.marcusmillichap.com. For more information regarding the Bi-Lo property, contact Andrew Margulies; 312-543-0090; Email: andrew.margulies@marcusmillichap.com. First Western Properties recently negotiated the sale of a 5,200 sq.ft. retail building located along North 26th Street in Tacoma, WA. The property was acquired for $510,000. For more information, contact Kyle Prosser, First Western Properties, 6402 Tacoma Mall Boulevard, Tacoma, WA 98409; 253-2843633; Email: kyle@firstwesternproperties.com; Web site: www.fwp-inc.com. RMC Property Group recently negotiated the sale of a 6,115 sq.ft. freestanding Carrabba’s Italian Grill restaurant located along South Tamiami Trail in Venice, FL. The property was acquired for $2.55 million and the company represented the seller in the transaction. For more information, contact Michelle Willette, RMC Property Group, 8902 North Dale Mabry Highway, Tampa, FL 33614; 813-960-8154; Email: mwillette@rmcpg.com.
Fortis Net Lease Investment Real Estate Services is selling a shopping center located in Mobile, AL. The property is 100% occupied and tenants include Chipotle, Dunkin’ Donuts and Red Wing Shoes. Area retailers include Walgreens, Home Depot and Walmart. Area demographics include a population within a three-mile radius earning $67,000 as the average household income. The average daily traffic count is 52,000 vehicles. The asking price is $3.577 million. For more information, contact Robert Bender, Fortis Net Lease Investment Real Estate Services; 248-254-3406; Email: rbender@fortisnetlease.com. Venture Commercial Real Estate recently acquired Preston Stonebrook, a 58,594 sq.ft. specialty shopping center located at the intersection of Preston Road and Stonebrook Parkway in Frisco, TX. For more information, contact Sherry Yeaman, Venture Commercial Real Estate; 214-725-4315; Email: sherry@my2hq.com. Matthews Retail Group is selling The Lycoming Mall, an 806,788 sq.ft. enclosed mall situated on 156.48 acres along Interstate 180 in Pennsdale, PA. The property is currently 96% occupied and anchored by Macy’s, Sears, JC Penney and The BonTon. Tenants include Best Buy, Big Lots!, Old Navy, Aeropostale, American Eagle Outfitters, Justice, CJ Banks, Hollister, PacSun, Victoria’s Secret, Bath & Body Works and Planet Fitness. The NOI is $5.144 million. For more information, contact Kyle Matthews or Patrick Toomey, Matthews Retail Group; 841 Apollo Street, Suite 150, D El Segundo, CA 90245; 310-919-5757. M
Beck Partners CRE, LLC is selling Forest Oaks Plaza in Pensacola, FL. July 10, 2015 | Page 5
FOOD CHAINS EXPAND Tropical Smoothie Café operates more than 400 locations nationwide. The smoothie shops prefer to occupy 1,500 sq.ft. to 2,000 sq.ft. inline spaces and endcaps of strip and lifestyle centers. Growth opportunities are sought throughout MD, northern VA and Washington, DC during the coming 18 months, with representation by Miller Walker Retail Real Estate. For more information, contact Alex Walker, Miller Walker Retail Real Estate, 2715 M Street Northwest, Suite 200, Washington, DC 20007; 202-333-0303; Email: alex@millerwalker.com; Web site: www.tropicalsmoothie.com. 16 Handles operates more than 40 locations throughout CT, MA, MD, NJ and NY. The frozen yogurt shops prefer to occupy 1,400 sq.ft. to 2,200 sq.ft. inline spaces and endcaps of power and lifestyle centers, malls, and freestanding locations. Growth opportunities are sought throughout NJ and NY during the coming 18 months, with representation by Savills-Studley. For more information, contact Frank Greco, Savills-Studley, 399 Park Avenue, 11th Floor, New York, NY 10022; 201-5564963; Email: fgreco@savills-studley.com. Petro’s Chili & Chips, Inc. trades as Petro’s Chili & Chips at locations throughout KY and TN. The quick-serve restaurants prefer to occupy spaces of 700 sq.ft. to 2,500 sq.ft. in malls, strip centers and freestanding locations. Growth opportunities are sought throughout TN during the coming 18 months. For more information, contact Dale Widmer, Petro’s Chili & Chips, Inc., 1033 North Cedar Bluff Road, Knoxville, TN 37922; 865-310-4686; Email: dale@petros.com; Web site: www.petros.com.
Ameci Pizza & Pasta, Inc. trades as Ameci Pizza & Pasta at 35 locations throughout CA. The restaurants prefer to occupy spaces of 1,200 sq.ft. to 1,500 sq.ft. in strip centers and of 2,500 sq.ft. for freestanding locations. Growth opportunities are sought throughout select markets nationwide during the coming 18 months. Typical leases run five years with three, fiveyear options. Specific improvements are required. Preferred demographics include a population of 30,000 within a two-mile radius earning $65,000 as the average household income. Major competitors include Domino’s, Pizza Hut and California Pizza Kitchen. The company is franchising. For more information, contact Nick Andrisano, Ameci Pizza & Pasta, Inc., 6603B Independence Avenue, Canoga Park, CA 91303; 888-688-7880, Fax 818-712-0792; Email: nandrisano@aol.com; Web site: www.amecipizzakitchen.com. The Coffee Bean & Tea Leaf operates more than 950 locations worldwide. The coffee shops prefer to occupy spaces of 1,100 sq.ft. to 1,600 sq.ft. in urban/ downtown areas or endcaps of lifestyle, power and regional shopping centers. Growth opportunities are sought throughout Los Angeles County in CA during the coming 18 months, with representation by Irish Commercial Brokerage, Inc. For more information, contact Charlie Cangelosi, Irish Commercial Brokerage, Inc., 30312 Eaglebrook Drive, Agoura Hills, CA 91301; 818-646-6117, Fax 818-646-6115; Email: charlie@irishcb.com; Web site: www. irishcb.com.
Tropical Smoothie Café is seeking growth opportunities throughout MD, northern VA and Washington, DC during the coming 18 months. Page 6 | July 10, 2015
Jersey Mike’s operates more than 1,500 locations nationwide. The sub shops prefer to occupy spaces of 1,400 sq.ft. to 1,800 sq.ft. in freestanding locations, strip and power centers, as well as urban areas. Growth opportunities are sought throughout Asheville and Charlotte, NC during the coming 18 months, with representation by Katz & Associates. Texas Roadhouse operates more than 455 locations nationwide. The casual dining restaurants prefer to occupy 6,300 sq.ft. to 7,200 sq.ft. endcaps and outparcels of shopping centers and freestanding locations. Growth opportunities are sought throughout NC and SC during the coming 18 months, with representation by Katz & Associates. Wolfgang Puck Pizza | Bar operates three locations in CA and NC. The bar/restaurants prefer to occupy spaces of 4,000 sq.ft. in lifestyle centers and urban/downtown areas. Growth opportunities are sought throughout NC and SC during the coming 18 months, with representation by Katz & Associates. For more information regarding Jersey Mike’s, contact Margot Bizon, Katz & Associates, 4500 Cameron Valley Parkway, Suite 240, Charlotte, NC 28211; 704-6029358; Email: margotbizon@dkatz.com; Web site: www.katzassociates.com. For more information regarding Texas Roadhouse or Wolfgang Puck Pizza | Bar, contact Julie Gardner; Email: juliegardner@dkatz.com. Zoe’s Kitchen operates 149 locations nationwide. The fast-casual dining restaurants prefer to occupy spaces of 2,600 sq.ft. to 3,100 sq.ft. in power, regional, strip, specialty and mixed-use centers, as well as freestanding locations and urban areas. Plans call for 50 openings throughout AZ; Denver, CO; Orlando, Tampa and along the western coast of FL; Kansas City, KS; Philadelphia, PA and TX during the coming 18 months. For more information, contact Allyn Taylor, Zoe’s Kitchen, 5760 State Highway 121, Suite 250, Plano, TX 75024; 205-414-9920 Ext. 205; Email: allyntaylor@zoeskitchen.com; Web site: www.zoeskitchen.com. The Wendy’s Co. trades as Wendy’s at more than 6,500 location nationwide and internationally. The fast food restaurants prefer to occupy spaces of 3,000 sq.ft. to 3,900 sq.ft. on pad sites of power, regional and neighborhood shopping centers, as well as freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. For more information, contact Greg Marsh, The Wendy’s Co., 40 Shuman Boulevard, Suite 130, Naperville, IL 60563; 630-305D 5579; Web site: www.wendys.com. M Dealmakers Magazine | www.dealmakers.net
WHO’S OPENING AND WHERE Scheels (701-232-3665) is planning to open a 250,000 sq.ft. store at the intersection of Interstate 25 and U.S. Highway 34 in Johnstown, CO during September 2017. The store will feature a 16,000 gallon aquarium, 65-ft. Ferris wheel, sports simulators and shooting galleries. The company offers hunting, golf and fishing gear, along with apparel and footwear, and currently operates 26 locations throughout 11 states. Amsterdam Falafelshop (202-468-6489) through a franchisee expansion plan, is looking to open four restaurants in Broward and Miami-Dade, FL during the next several years, with the first location opening in Miami Beach later this year. The company currently operates seven locations throughout MA, MD, VA and Washington, DC. Soft Pretzel Franchise Systems, Inc. (215338-4606), through a franchise expansion plan, is seeking to open Philly Pretzel Factory locations throughout Mint Hill, Pineville, Matthews, Huntersville, Belmont, Concord, Hickory, Salisbury and Mount Holly, NC, as well as in select areas of Mecklenburg County and Rock Hill, SC. The company currently operates 152 locations. DavidsTea (855-702-3006) is planning to eventually operate 530 locations throughout North America, while growing in markets such as NY; Boston, MA; Chicago, IL and San Francisco, CA. The company, offering more than 150 flavors of tea, currently operates 161 locations, with 25 units in the U.S. East of Chicago Pizza (855-696-2362), through a franchise expansion plan, is opening locations in Solon, OH; Rochester, NY; Parkersburg, WV and Holly Hill, SC during the next several months. The company is also expected to operate 150 locations nationwide by 2018.
Burlington Stores, Inc. (609-387-7800) is planning to open a 60,000 sq.ft. Burlington Coat Factory at a 38-acre development located along South Pleasant Crossing Boulevard in Rogers, AR during the fall. The company will join Taco Bueno and Backyard Burgers at the site. Plans also call for the opening of a location at Azalea Square Shopping Center in Fort Smith, AR during spring 2016. The company offers family apparel, accessories and footwear. Century 21 Department Store, LLC (877350-2121) is planning to open an 86,048 sq.ft. Century 21 Department Store at Sawgrass Mills Mall in Sunrise, FL. It will be the company’s first location in the state. The chain of department stores offers discounted family apparel, footwear, accessories and gift items. Conn’s, Inc. (877-472-5358) is planning to open between 15 and 18 Conn’s stores during fiscal 2016. The chain, offering appliances, electronics, furniture and mattresses, currently operates approximately 90 locations throughout AZ, CO, LA, MS, NC, NM, NV, OK, SC, TN and TX. Black Bear Diner (530-243-2327), through corporate and franchise expansion, planned to open 11 restaurants this year throughout Elk Grove, Sunnyville, Danville and Oakland, CA; Orem and West Valley, UT; CO, ID, OR and WA. The company currently operates 68 locations throughout eight states in the western region of the U.S. Hurricane Grill & Wings (561-296-5410) is planning to operate more than 100 restaurants by 2016. The chain currently operates 70 locations nationwide.
Uncle Maddio’s Pizza Joint (404-929-6654) is planning to operate 300 restaurants over the next five years. The company also recently signed a franchise agreement to open 13 fastcasual restaurants throughout the southern LA and the Memphis, TN metropolitan areas. The company, offering a build-your-ownpizza concept, currently operates 31 locations throughout 14 states nationwide. Beef ‘O’ Brady’s (813-226-2333) is opening a new concept restaurant trading as Beef’s Express along Towne Center Drive in Lakeland, FL during August. The location will offer a more limited menu and be half the size of a traditional location. The chain of bar/restaurants, offing burgers, salads, wings and pizza, currently operates more than 200 locations throughout 23 states nationwide. Bojangles, Inc. (704-527-2675), through a franchisee expansion plan, is opening between 15 and 20 Bojangles’ Famous Chicken ‘n Biscuits restaurants throughout Richmond, VA and Washington, DC. The chain of fast-food restaurants currently operates more than 630 locations nationwide. Iron Tribe Fitness (205-226-8669) is looking to operate 75 gyms by the end of the year and 100 locations by the end of 2017. The company currently operates 40 fitness centers spanning from Seattle, WA to Miami, FL. Tropical Smoothie Café (770-821-1900), through a franchisee expansion plan, is opening 10 locations in Clearwater Beach, Northdale, and Palm Harbor, FL during the next one to two years. The company currently operates more than 400 locations nationwide. DM
Rocket Fizz Soda Pop & Candy Shop (501504-6947) is planning to open at least 25 additonal locations. The company, offering 1,200 varieties of candy and 400 different soda flavors, currently operates 57 locations nationwide. Sheik Sandwiches (904-276-2677), through a franchisee expansion plan, is looking to expand its footprint throughout FL. The company, offering pitas, salads and sandwiches, currently operates five locations in FL. Grabbagreen (844-294-1200), through a franchise expansion plan, is opening three healthy fast-casual restaurants throughout TX. Dealmakers Magazine | www.dealmakers.net
Scheels is planning to open a store in Johnstown, CO during September 2017. July 10, 2015 | Page 7
EXCLUSIVES AND TENANT REPS Next Realty Mid-Atlantic, LLC (703442-4500) is representing the following companies with their expansion plans: Marco’s Pizza in spaces of 1,200 sq.ft. to 1,500 sq.ft. throughout the Washington, DC metropolitan area; Tijuana Flats occupying spaces of 2,200 sq.ft. to 2,500 sq.ft. in inline spaces and endcaps of shopping centers, in addition to freestanding locations in Hampton Roads, VA; Gibsons Bar & Steakhouse in spaces of 9,000 sq.ft. to 15,000 sq.ft. throughout Washington, DC; Vie de France occupying spaces of 1,400 sq.ft. to 2,000 sq.ft. throughout the Washington, DC and Baltimore, MD metro areas and Cooper’s Hawk Winery & Restaurant using spaces of 10,000 sq.ft. to 12,000 sq.ft. in endcaps and pads of shopping centers throughout northern VA. illi Commercial Real Estate (818-501-2212) is representing Firehouse Subs with its expansion plans throughout San Fernando Valley, Burbank, Glendale and Pasadena, CA. The sub shops occupy spaces of 1,500 sq.ft. to 2,000 sq.ft. in endcaps of shopping centers. Preferred demographics include a minimum population of 20,000 within a three-mile radius earning $35,000 as the median household income. The company prefers to locate in areas with high visibility. Caton Commercial (815-436-5700) is representing Honey-Jam Café with its expansion plans north of Interstate 88 in IL. The restaurants prefer to occupy spaces of 3,600 sq.ft. to 5,000 sq.ft. in endcaps of shopping centers or in 4,000 sq.ft. freestanding locations. Preferred demographics include a population of 60,000 within a three-mile radius earning $60,000 as the minimum average household income. Preferred average daily traffic counts include 25,000 vehicles. Springstead & Associates (949-797-9040) is representing Smart & Final Extra! with its expansion plans throughout Orange County in CA. The supermarket chain prefers to occupy spaces of 25,000 sq.ft. to 35,000 sq.ft. The company is also representing CVS with its expansion plans throughout southern Los Angeles, Orange County and San Gabriel Valley in CA. The pharmacies prefer to utilize spaces of 14,576 sq.ft. in freestanding locations along strong retail corridors or at signalized intersections. Long & Foster (301-233-2845) is representing Hook Fish & Chicken with its expansion throughout Washington, DC, with a focus on sites near Howard University and along H Street. DM Page 8 | July 10, 2015
LEASE SIGNINGS Bennett Williams Realty, Inc. (717-8435555) recently negotiated the following leases throughout PA: with Salsa’s Mexican Grill for 3,000 sq.ft. along Lancaster Avenue in Lancaster County, with Abe Khan and Jeff Herr of Bennett Williams Realty, Inc. representing the landlord and tenant in the transaction; with Kelly Services, Inc. for 1,764 sq.ft. at Guilford Square, located along Lincoln Way East in Franklin County, PA, with Mark Jacobs, Brad Rohrbaugh and Chad Stine of Bennett Williams Realty, Inc. representing the landlord and tenant in the transaction; with Penn Fitness Warehouse for 1,270 sq.ft. at Hartzdale Plaza, located along Hartzdale Drive in Cumberland County, with Abe Khan representing the tenant and Chad Stine and Brad Rohrbaugh representing the landlord in the transaction; with Miles Appliance Sales & Services for 6,537 sq.ft. at Market Square Shopping Center, located along South Main Street in York County, with Karen Neiderer, Chad Stine and Brad Rohrbaugh of Bennett Williams Realty, Inc. representing the landlord and tenant in the transaction and with The Heat Check for 2,500 sq.ft. at Wheatland Shopping Center, located along Columbia Avenue in Lancaster County, with Mark Jacobs representing the tenant and Chad Stine, Brad Rohrbaugh and Gary Russell of Bennett Williams Realty, Inc. representing the landlord in the transaction. ECHO Realty (240-497-0522) recently negotiated leases with MedStar Prompt Care for 10,000 sq.ft. and with Town Center Wine & Spirits 3,600 sq.ft. at The Gateway at UTC, a two-story retail development located along East-West Highway, between America Boulevard and Democracy Avenue in Hyattsville, MD. Velocity Retail Group, LLC (602-6826020) recently negotiated a five-year lease with Susie’s Wig’s for 2,400 sq.ft. at the intersection of Cooper Road and Baseline Road in Mesa, AZ. Larry Miller, John Jackson and Brian Gast of Velocity Retail Group, LLC represented the landlord, Val Vista Square, LLC, in the transaction. Douglas Elliman Real Estate (212-247-7940) recently negotiated a lease with Harlem Café for 5,000 sq.ft. along St. Nicholas Avenue in New York, NY. Faith Hope Consolo, Joseph Aquina and Arthur Maglio of Douglas Elliman Real Estate represented the landlord and the tenant in the transaction. First Western Properties (773-545-2000) recently negotiated a five-year lease with Jet’s Pizza for space along West 127th Street in St. Palos Heights, IL.
Passov Real Estate Group (216-831-8100) recently negotiated the following leases throughout OH: with Dollar Tree for 10,722 sq.ft. at the site of a former CVS located along East Washington Street in Painesville and for 11,242 sq.ft. at Fulton Plaza, located along Fulton Road in Cleveland; with Marco’s Pizza for 1,259 sq.ft. along Cleveland Massillon Road in Norton, with Michael DiFranco and Steve Passov of Passov Real Estate Group representing the landlord in the transaction; with Ohio Auto Loan Services, Inc. for 2,166 sq.ft. along Northfield Road in Bedford Heights, with Greg Guyuron representing the landlord in the transaction; with Allstate Insurance for 1,500 sq.ft. at Mills Creek Plaza, located in North Ridgeville, with Greg Guyuron representing the landlord in the transaction; with Health Markets for 1,600 sq.ft. along Medina Road in Medina, with Greg Guyuron and Catherine Lueckel of Passov Real Estate Group representing the tenant in the transaction and with Moe’s Southwest Grill for 2,400 sq.ft. at The Avenue Shoppes, located along Mentor Avenue in Mentor, with Catherine Lueckel representing the landlord in the transaction. De Rito Partners, Inc. (480-834-8500) recently negotiated a lease with Turnstyle Consignment for 9,600 sq.ft. at Chandler Pavilions, located at the intersection of 54th Street and Ray Road in Chandler, AZ. Paul Serafin and John Palmieri of De Rito Partners, Inc. represented the landlord in the transaction. Jeffery Realty (908-668-9600) recently negotiated a lease with Ocean First Bank for 1,544 sq.ft. at Pier Village in Long Branch, NJ. Alan Walker and Mike Testa of Jeffery Realty represented the tenant and the landlord, D Kushner Properties, in the transaction. M
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LEAD SHEET Michael’s Jeremy Isaacs c/o Ripco Real Estate 420 Jericho Turnpike, Suite 100 Jericho, NY 11753 516-933-8880, Fax 516-933-2514 Email: jisaacs@ripcony.com Web site: www.ripcony.com
Arts/Crafts/Fabrics The chain operates more than 1,177 locations nationwide and in Canada. The stores offering, arts and crafts, seasonal merchandise, home décor and framing products, occupy spaces of 18,000 sq.ft. to 25,000 sq.ft. in power and strip centers. Growth opportunities are sought throughout Long Island and New York, NY during the coming 18 months, with representation by Ripco Real Estate. The company will consider multi-level locations in New York, NY.
Aamco – Transmissions – Total Car Care Patricia Fiore or Joseph Amecangelo c/o R.J. Brunelli & Co., LLC 400 Perrine Road, Suite 405 Old Bridge, NJ 08857 732-721-5800, Fax 732-721-9241 Email: pfiore@rjbrunelli.com
Automotive The chain operates more than 750 locations nationwide and in Canada. The automotive service centers occupy spaces of 4,000 sq.ft. to 5,000 sq.ft. in freestanding locations. Plans call for 30 openings throughout the existing market during the coming 18 months, with representation by R.J. Brunelli & Co., LLC. Typical leases run 10 years. Preferred demographics include a population of 100,000 within three to five miles earning $50,000 as the average household income. The company is franchising.
Moran Family of Brands dba Mr. Transmission, Milex Complete Auto Care, Alta Mere Automotive Outfitters, Smartview, Dr. Nick’s Transmission and Multistate Transmission Jack Yost 4444 West 147th Street Midlothian, IL 60445 708-297-2231, Fax 615-895-9198 Email: jyost@moranbrands.com Web site: www.moranfamilyofbrands.com
Automotive The 111-unit chain operates locations nationwide. The automotive service centers occupy spaces of 2,500 sq.ft. to 5,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run five years with three, five-year options. The site criteria for the company includes at least 50,000 registered vehicles with a five-mile radius. Major competitors include Aamco and Meineke.
7-Eleven Jackie Balin c/o CBRE | Fameco 1425 Walnut Street, Suite 200 Philadelphia, PA 19102 215-557-0050 Email: jackie.balin@cbre.com Web site: www.cbre.com
Convenience The 56,000-unit chain operates locations nationwide and internationally. The convenience stores occupy spaces of 2,400 sq.ft. to 3,000 sq.ft. in freestanding locations and corner locations, as well as endcaps of strip centers. Growth opportunities are sought throughout the Center City area and Philadelphia County in PA during 18 months, with representation by CBRE | Fameco.
Ulta Sean O’Carroll c/o Newmark Cornish & Carey 2804 Mission College Boulevard, Suite 120 Santa Clara, CA 95054 408-987-4120 Email: socarroll@newmarkccarey.com
Cosmetics The chain operates 797 locations nationwide. The stores, offering cosmetics, beauty products and haircare items, with an in-store salon, occupy spaces of 10,000 sq.ft. in community and neighborhood shopping centers. Growth opportunities are sought throughout the greater Bay Area in CA during the coming 18 months, with representation by Newmark Cornish & Carey.
Just-A-Buck Jeff Kintzer c/o Royal Properties, Inc. 850 Bronx River Road Bronxville, NY 10708 914-237-3403, Fax 914-237-0196 Email: jeff@royalpropertiesinc.com Web site: www.royalpropertiesinc.com
Discount The chain operates 19 locations throughout CA, ME, NJ, NY and OH. The stores, offering general merchandise priced at $1, occupy spaces of 3,000 sq.ft. to 5,000 sq.ft. in strip centers. Growth opportunities are sought nationwide during the coming 18 months.
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July 10, 2015 | Page 9
LEAD SHEET T&E Stores, Inc. dba Telco Stores Eddie Serure 6014 11th Avenue Brooklyn, NY 11219 718-853-5050, Fax 718-853-4019 Email: realestate@telcostores.com Web site: www.telcostores.com
Discount Store The 12-unit chain operates locations throughout NY. The stores, offering discounted apparel, housewares, bed and bath items, jewelry and footwear, occupy spaces of 6,000 sq.ft. to 20,000 sq.ft. in strip and value centers, as well as urban/downtown areas. Plans call for two to three openings throughout the surrounding boroughs of New York, NY during the coming 18 months.
ABC Warehouse Group dba Mickey Shorr Dave Gronbach One West Silverdome Industrial Park Pontiac, MI 48343 248-335-4222, Fax 248-335-2568 Email: dgronbach@abcwarehouse.com Web site: www.abcwarehouse.com
Electronics The 16-unit chain operates locations throughout MI. The stores, offering car electronics, occupy spaces of 2,500 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout southeastern MI during the coming 18 months. Typical leases run five years with two, five-year options.
B & B Movie Theatres, LLC dba B & B Theatres Dennis McIntire PO Box 129 / 2101 West Kansas Liberty, MO 64068 816-407-7469, Fax 816-407-9805 Email: dennis.mcintire@bbtheatres.com Web site: www.bbtheatres.com
Entertainment The 52-unit chain operates locations throughout AR, AZ, FL, KS, MO, NE, OK and TX. The movie theaters occupy spaces of 13,000 sq.ft. to 45,000 sq.ft. in freestanding locations, malls, entertainment and strip centers. Plans call for two to three openings throughout the Midwestern region of the U.S. during the coming 18 months. Typical leases run 20 years.
Planet Fitness Michael Berke c/o Oxford Real Estate Services Group 388 East Main Street Branford, CT 06405 203-483-2900, Fax 203-483-2999 Email: oxfordregroup@gmail.com Web site: www.planetfitness.com
Fitness The chain operates more than 1,000 locations nationwide. The fitness centers occupy spaces of 15,000 sq.ft. to 25,000 sq.ft. in freestanding locations and endcaps of shopping centers. Plans call for 10 openings throughout CT during the coming 18 months, with representation by Oxford Real Estate Services Group.
Prime Sites, Inc. dba Five & Dime General Store Daniel O’Grady 1660 South Bayshore Court, Suite 101 Coconut Grove, FL 33133 Email: dogrady@primesitesfl.com Web site: www.primesitesfl.com
General Merchandise The 10-unit chain operates locations throughout CA, FL, GA, KS, MO, NM, SC and TX. The stores, offering souvenirs, tourist and travel items, beverages, snacks and office supplies, occupy spaces of 2,500 sq.ft. to 4,000 sq.ft. in tourist centers. Growth opportunities are sought nationwide during the coming 18 months. The company prefers to locate in high traffic tourist markets. The company prefers site submittals sent via email.
Alive Health Centers dba Alive Health Center, Morning Sun Health Foods, Supplements Plus Alice Chung 2680 Shell Road, Unit 228 Richmond, British Columbia, Canada V6X 4C9 604-273-6266, Fax 604-273-6121 Email: customer@alivehealthcentre.ca
Health The 29-unit chain operates locations throughout Canada. The stores, offering health food items, as well as related vitamins and supplements, occupy spaces of 800 sq.ft. in malls. Growth opportunities are sought throughout Alberta, British Columbia and Ontario, Canada during the coming 18 months.
Page 10 | July 10, 2015
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LEAD SHEET Fred Meyer Jewelers, Inc. dba Fred Meyer Jewelers and Littman Jewelers Dan Schooley 3800 Southeast 22nd Avenue Portland, OR 97202 517-862-0864, Fax 503-797-7699 Email: dan.schooley@fredmeyerjewelers.com Web site: www.fredmeyerjewelers.com
Jewelry The chain operates 328 locations nationwide. The jewelry stores occupy spaces of 1,200 sq.ft. to 1,500 sq.ft. in enclosed malls. Growth opportunities are sought throughout select markets nationwide during the coming 18 months. The company prefers center court or main court areas in malls near upscale fashion oriented retailers.
PetSmart Craig Wielansky c/o L3 Corp. 211 North Lindbergh Boulevard, Suite 150 St. Louis, MO 63141 314-469-7400, Fax 314-576-9768 Email: craig@l3corp.net Web site: www.l3corp.net
Pet Supplies The chain operates 1,404 locations nationwide and in Canada and Puerto Rico. The pet supply stores occupy spaces of 15,000 sq.ft. to 18,000 sq.ft. in power and strip centers. Growth opportunities are sought throughout MO during the coming 18 months, with representation by L3 Corp.
WellBiz Brands, Inc. dba Elements Massage, FIT36, Fitness Together J.D. Prager 9092 South Ridgeline Boulevard, Suite A Highlands Ranch, CO 80129 720-457-1354 Email: jprager@wellbizbrands.com Web sites: www.elementsmassage.com and www.fit36fitness.com
Service/Fitness The three brands operate more than 400 locations nationwide. Preferred sites include 1,600 sq.ft. to 3,000 sq.ft. freestanding locations, pad sites and inline spaces and endcaps of shopping centers. Plans call for more than 30 openings for the FIT36 concept nationwide and for more than 50 openings for the Elements Massage concept nationwide during the coming 18 months.
Nails So Happy, Happy Nails Feet & Tan Simon Garwood c/o Warren & Co. 1649 Atlantic Boulevard, Suite 210 Jacksonville, FL 32207 904-673-8622, Fax 866-251-6874 Email: sgarwood@hq1.com Web site: www.warrenandcompany.net
Service The chain operates more than 30 locations throughout FL. The shops, offering nail, tanning and spa services, occupy spaces of 1,000 sq.ft. to 2,000 sq.ft. in malls, power and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months, with representation by Warren & Co. Typical leases run five years with a five-year option. A vanilla shell is required. Preferred cotenants include Publix. Preferred demographics include a population of 50,000 within five miles earning $40,000 as the average household income.
Fabco Enterprises, Inc. dba Fabco Shoes David Weinman 52-55 74th Street Elmhurst, NY 11373 718-898-4200 Ext. 115, Fax 718-507-7403 Email: terryd@fabshoes.com Web site: www.fabshoes.com
Shoes The 54-unit chain operates locations throughout NJ and NY. The stores, offering footwear, handbags and related accessories, occupy spaces of 2,500 sq.ft. in freestanding locations and urban/downtown areas. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 15 years. Major competitors include Payless ShoeSource.
Lamey-Wellehan Jim Wellehan or Don Stowell 940 Turner Street Auburn, ME 04210 207-784-6595, Fax 207-784-9650 Email: jim@lwshoes.com Web site: www.lwshoes.com
Shoes The six-unit chain operates locations throughout ME. The stores, offering family footwear, occupy spaces of 4,000 sq.ft. to 7,000 sq.ft. in freestanding locations, lifestyle, power, specialty and strip centers. Growth opportunities are sought in Portland, ME, but the company will also consider sites from Saco to Kennebunk, ME, as well as in Portsmouth, NH during the coming 18 months.
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July 10, 2015 | Page 11
LEAD SHEET Sperry Top-Sider Shane Wierks c/o Jeffery Realty, Inc. 116 Route 22 East North Plainfield, NJ 07060 908-668-9600 Ext. 223, Fax 908-668-5225 Email: swierks@jefferyrealty.com Web site: www.jefferyrealty.com
Shoes The chain operates more than 100 locations worldwide. The stores, offering footwear, accessories and apparel items, occupy spaces of 1,500 sq.ft. to 2,500 sq.ft. in regional malls, strip centers and downtown areas. Growth opportunities are sought throughout NJ during the coming 18 months, with representation by Jeffery Realty, Inc.
Tractor Supply Co. Clay Teter 5401 Virginia Way Brentwood, TN 37027 615-440-4764, Fax 615-484-4764 Email: cteter@tractorsupply.com Web site: www.tractorsupply.com
Specialty The 1,430-unit chain operates locations nationwide in 49 states, excluding AK. The stores, offering farm and rural lifestyle products and equipment, occupy spaces of 19,000 sq.ft. to 27,000 sq.ft. in freestanding locations and endcaps of strip centers. Plans call for more than 150 openings throughout the existing market during the coming 18 months. Typical leases run 10 to 15 years. Specific improvements are required. Preferred cotenants include big box general merchandise retailers. Major competitors include regional farm store chains. The company also requires a 15,000 sq.ft. fenced paved area for an outdoor display, as well 3,000 sq.ft. for an unfenced outdoor paved area to display equipment for sale.
West Marine Paul Bartlett c/o Edge Realty Partners 2 South Pointe Drive, Suite 140 Lake Forest, CA 92630 949-521-7400 Email: pbartlett@edge-re.com Web site: www.edge-re.com
Specialty The chain operates more than 270 locations nationwide and in Puerto Rico and Canada. The company offers boating related supplies and services, and prefers to occupy spaces of 25,000 sq.ft. in freestanding locations, power and strip centers, as well as urban areas. Growth opportunities are sought throughout coastal southern CA during the coming 18 months, with representation by Edge Realty Partners.
Hibbett Sporting Goods, Inc. dba Hibbett Sports Jeff Gray 2700 Milan Court Birmingham, AL 35211 205-942-4292 Ext. 7267, Fax 205-912-7292 Email: jeff.gray@hibbett.com Web site: www.hibbett.com
Sporting Goods The 1,004-unit chain operates locations nationwide. The sporting goods stores occupy spaces of 4,000 sq.ft. to 7,000 sq.ft. in freestanding locations, malls, power and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run five to 10 years with a three-year kickout. A vanilla shell and specific improvements are required. Preferred demographics include a population of 20,000 within five miles earning $30,000 as the average household income.
Zumiez, Inc. dba Zumiez Darla Shertzer 4001 204th Street Southwest Lynwood, WA 98036 425-953-1657, Fax 425-551-1595 Email: darlas@zumiez.com Web site: www.zumiez.com
Sporting Goods/Apparel The chain operates 567 locations nationwide. The stores, offering young men and women’s skateboarding, motor cross and snowboarding themed apparel, footwear and accessories, occupy spaces of 2,500 sq.ft. to 3,000 sq.ft. in regional malls and outlet centers. Plans call for 35 openings throughout the existing market during the coming 18 months. The company plans to have 589 locations operating in the U.S. by the end of the year.
The preceding leads have been verified by calls made to or written submittals from the respective retailers during the weeks prior to publication. Since the majority of chains featured in Lead Sheet are small in size, some changes in their expansion plans should be expected. To be included in an upcoming issue, just fax a note or call us with the details. Our fax number is (609-587-3511) and you can reach us by phone at (609-587-6200) or email at ann@dealmakers.net. Page 12 | July 10, 2015
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SUPERMARKET CHAINS EXPAND (continued from page one)
Schnuck Markets, Inc. trades as Schnuck Markets at more than 100 locations throughout IA, IL, IN, MO and WI. The supermarkets, featuring bakery, floral, seafood and pharmacy departments, occupy spaces of 30,000 sq.ft. to 70,000 sq.ft. in shopping centers and freestanding locations. Growth opportunities are sought throughout the Midwestern region of the U.S. during the coming 18 months. A land area of six acres is required for freestanding locations. The company will acquire sites or consider buildto-suit opportunities. For more information, contact Dave Fontana, Schnuck Markets, Inc., 11420 Lackland Road, St. Louis, MO 63146; 314-994-9900, Fax 314-994-4040; Email: dfontana@schnucks.com; Web site: www.schnucks.com. Meijer, Inc. trades as Meijer at 223 locations throughout IL, IN, KY, MI, OH and WI. The retail supercenters, featuring a full grocery department, as well apparel, automotive, home décor, electronics and health and beauty departments, occupy spaces of 156,000 sq.ft. to 192,000 sq.ft. in freestanding locations and power centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. A land area of 15 to 25 acres is required for freestanding locations. For more information, contact Mike Kinstle, Meijer, Inc., 2929 Walker Avenue Northwest, Grand Rapids, MI 49544; 616-453-6711, Fax 616-735-8887; Email: mike.kinstle@meijer.com; Web site: www.meijer.com. Hy-Vee, Inc. trades as Hy-Vee Food Stores at locations throughout IA, IL, KS, MN, MO, NE, SD and WI. The supermarkets, offering bakery, floral, pharmacy and catering departments, occupy spaces of 50,000 sq.ft. to 90,000 sq.ft. in freestanding locations and lifestyle, power, specialty and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 20 years. The company operates a total of 237 stores trading as Hy-Vee Food Stores and Hy-Vee Drug Store. For more information, contact Pete Hosch, Hy-Vee, Inc., 5820 Westown Parkway, West Des Moines, IA 50266; 515327-2147, Fax 515-267-2967; Web site: D www.hy-vee.com. M
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REAL ESTATE PROFESSIONALS MAKING THE NEWS Cushman & Wakefield (813-204-5320) recently hired Jeannette Jason as director of the firm’s land and brokerage services group in Tampa, FL. Prior to joining the company, she served as founder and owner of DJG Tampa, Inc. where she focused on brokerage, assemblage and redevelopment projects. The firm specializes in leasing, sales, acquisitions, equity, debt, finance, consulting, project management and corporate services. AG Development Group (813-265-4500) recently announced its merger with Dunphy Properties, and will provide retail and medial office development services throughout FL.
Colliers International (206-695-4200) recently hired David A. Simon as executive managing director, where he will serve as the head of the firm’s New Jersey operations. Prior to joining the company, Simon served as executive managing director at Massey Knakal Realty Services. The company specializes in brokerage, corporate solutions, investment sales, capital markets, project management, asset management, consulting and valuation and appraisal services. Pillar Real Estate Advisors, LLC (484-8878202) recently hired Ezekiel Ottemiller as an associate for the PA-based company. DM
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SPACE PLACE California
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Corona – Corona Hills Plaza, a 491,898 sq.ft. center located at the intersection of Route 91 and McKinley Street, has spaces from 1,400 sq.ft. to 4,275 sq.ft. available. Cotenants include 99 Cents Only, 99 Ranch Market, Big 5 Sporting Goods, Costco Wholesale, Home Depot, Ross Dress for Less and T.J. Maxx. Area demographics include a population of 277,122 within five miles earning $82,372 as the average household income. For more information, contact Todd Buckstein or Louise Chappins, Kimco Realty, 949-252-3852/760-598-2021; Email:
tbuckstein@kimcorealty.com; www.kimcorealty.com.
California Web
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El Segundo – Elevon at Campus El Segundo, a mixed-use development located at the intersection of Douglas Street and Maple Avenue, has spaces from 998 sq.ft. to 5,000 sq.ft. available. Area retailers include Starbucks and Subway. Area demographics include a population of 584,110 within five miles earning $86,620 as the average household income. For more information, contact Maryl Haire, Highland Partners Corp., 310-379-2228 Ext.
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4; Email: maryl.haire@highlandpartnerscorp.com; or Dave Binney, Cypress Retail Group, 310-670-1310 Ext. 2; Email: dbinney@cypress.net. San Fernando – An 18,640 sq.ft. ground floor retail space is available at the intersection of San Fernando Road and San Fernando Mission Boulevard. The montly asking rent is $3.50 psf NNN. For more information, contact J. Richard Leyner, Michael Sharon or David Sedlak, illi Commercial Real Estate, 17547 Ventura Boulevard, Suite 304, Encino, CA 91316; 818-501-2212 Ext. 108/121/113, Fax 818501-2202; Email: jrleyner@illicre.com; Web site: www.illicre.com.
Connecticut Pawcatuck – A one-acre pad site is available along Liberty Street. Area retailers include Super Stop & Shop, McDonald’s, Regal Cinemas, Newport Federal Bank and Dunkin’ Donuts. Area demographics include a population of 16,600 within five miles. For more information, contact Tim Londregan, Paramount Partners, LLC, 860388-9100 Ext. 1.
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Davie – Carriage Hills Plaza, located at the intersection of Stirling Road and Davie Road Extension, has a space of 1,263 sq.ft. available. Cotenants include Foodtown, Family Dollar and Lucky Beauty Supply. Area demographics include a population of 343,444 within five miles earning $65,324 as the average household income. St. Petersburg – Eagles Park, located along 54th Avenue North, has spaces of 3,000 sq.ft. and 3,325 sq.ft. available, along with a proposed 21,928 sq.ft. space, which can be divided. Cotenants include Publix, CosmoProf, Buffalo City Bar & Grill, Sunbelt Credit and Bank of America. Area demographics include a population of 232,840 within five miles earning 56,121 as the average household income. For more information, contact James Goldsmith, Gator Investments, 1595 Northeast 163rd Street, North Miami Beach, FL 33162; 877-459-9605; Email: sales@gatorinvestments.com; Web site: www.gatorinvestments.com.
Georgia For more information, call 1-800-732-5856 or visit www.eblast.net Page 14 | July 10, 2015
Stone Mountain – Stonebridge Crossing, a 70,643 sq.ft. center located at the intersection Dealmakers Magazine | www.dealmakers.net
SPACE PLACE Georgia
Illinois
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of Rockbridge Road and East Park Place Boulevard, has spaces available. Cotenants include Dollar Tree. Area demographics include a population of 157,306 within five miles earning $75,583 as the average household income. For more information, contact Allison Baker, Malon D. Mimms Co., 85-A Mill Street, Suite 100, Roswell, GA 30075; 770518-1100 Ext. 266; Email: abaker@mimms.org; Web site: www.mimms.org.
847-277-7735, Fax 847-277-0925; Email: pillmanproperties@me.com.
count is 58,387 vehicles along William F. McClellan Highway. For more information, contact Mike Hotarek or Andrew Bonica, Eastern Retail Properties, 25 Braintree Hill Office Park, Suite 305, Braintree, MA 02184; 781-8499017/9011, Fax 781-849-9050; Email: mhotarek@easternretail.com; Web site: www.easternretail.com.
Illinois Chicago – Small shop spaces are available at City Hyde Park, a 110,000 sq.ft. development located at the intersection of 51st Street and Harper Court. Cotenants include Whole Foods Market, Marshalls and Michaels. Area retailers include LA Fitness, Chipotle, Starbucks and Ulta. Area demographics include a population of 494,644 within five miles earning $52,787 as the average household income. For more information, contact Doug Renner, William Selonick or Trevor Jack, Baum Realty Group, 312-2753137/312-224-3211/312-275-3128; Email: doug.renner@baumrealty.com. Chicago – A 1,305 sq.ft. retail space is available at Halsted Flats, a 10,900 sq.ft. building located at the intersection of West Bradley Street and North Halsted Street. Cotenants include Orangetheory Fitness and PetSmart. Area demographics include a population of one million within five miles. Melrose Park – North & Ninth, a 205,990 sq.ft. center located at the intersection of North Avenue and Ninth Avenue, has a space of 3,480 sq.ft. available. Cotenants include Target, Jewel-Osco, White Castle, Boston Market and Home Run Inn Pizza. Area demographics include a trade area population within five miles earning $64,825 as the average household income. The average daily traffic count is 44,000 vehicles along North Avenue. For more information, contact Harlem Irving Cos., 4104 North Harlem Avenue, Chicago, IL 60634; 773-625-3036, Fax 773625-0056; Web site: www.harlemirving.com. Northbrook – Dunbrook Shopping Center, a 40,628 sq.ft. center located at the intersection of Dundee Road and Pfingsten Road, has a space of 4,000 sq.ft. available. Cotenants include Verizon Wireless, Once Upon a Grill, Jake’s Pizza and Leonard’s Bakery. For more information, contact Pillman Properties, PO Box 28, Barrington, IL 60011; Dealmakers Magazine | www.dealmakers.net
Indiana Indianapolis – Arlington Square, located at the intersection of North Arlington Avenue and East 10th Street, has two spaces of 1,200 sq.ft. available, as well as a space of 2,996 sq.ft. Cotenants include Save-A-Lot, Rent-A-Center, Dollar Tree, Pizza Hut and Boost Mobile. Area demographics include a population of 236,354 within five miles. For more information, contact Albert Silvera, Surrey Equities, 40 Fulton Street, 6th Floor, New York, NY 10038; 212619-0059, Fax 212-619-0069; Email: albert@surreyequities.com; Web site: www.surreyequities.com.
Maine Brunswick – A 2,400 sq.ft. freestanding former Tim Horton’s restaurant is available along Pleasant Street. Area retailers include McDonald’s, The Salvation Army and Enterprise Rent-A-Car. The asking rent is $37.50 psf NNN. For more information, contact Charlie Craig, NAI The Dunham Group, 207-7737100; Email: charlescraig@dunham-group.com; Web site: www.dunham-group.com.
Maryland Hyattsville – Gateway at University Town Center, located at the intersection of Route 410 and America Boulevard, has retail spaces available. Cotenants include Safeway and Unleashed by Petco. Area demographics include a population of 529,451 within five miles earning $61,716 as the median household income. The average daily traffic count is 26,382 vehicles. For more information, contact Nicole Zupan, Echo Realty, 2176 Wisconsin Avenue, Suite 200, Washington, DC 20007; 240-497-0525; Email: nzupan@echorealty.com.
Massachusetts Boston – A mixed-use development located at the intersection of William F. McClellan Highway and Boardman Street, has spaces of 4,035 sq.ft. and 6,270 sq.ft. available. Area retailers include Starbucks, Planet Fitness, Dollar Tree, Famous Footwear, Sleepy’s and Stop & Shop. Area demographics include a population of 220,469 within three miles earning $56,610 as the median household income. The average daily traffic
Minnesota Minneapolis – The Shops at West End, located at the intersection of Park Place Boulevard and Gamble Drive, has retail spaces available. Cotenants include Bonefish Grill, White House | Black Market, Anthropologie, Lululemon Athletica, Francesca’s Collection, Jimmy John’s and Verizon Wireless. Area demographics include a population of 388,147 within five miles earning $66,916 as the average household income. For more information, contact Mark Fallon or Rich Bevis, Jeffrey R. Anderson Real Estate, 513-241-5800, Fax 513-241-2637; Email: mfallon@jraretail.com.
New Jersey Bellmawr – Bellmawr Waterfront, located at the intersection of Interstate 295 and Route 42, has inline and anchor spaces available, as well as pad sites. Area retailers include Wawa, Sunoco and Lukoil. Area demographics include a population of 287,634 within five miles earning $70,365 as the average household income. The average daily traffic count is 350,000 vehicles. For more information, contact Rob Samtmann or Ken McEvoy, Equity Retail Brokers, 101 West Elm Street, Suite 370, Conshohocken, PA 19428; 484-4172208/2226, Fax 610-645-5454; Email: rsamtmann@equityretailbrokers.com; Web site: www.equityretailbrokers.com. Livingston – Maral Center, a 45,000 sq.ft. center located along Route 10 East, has a space of 3,500 sq.ft. available. Area retailers include Daffy’s, Best Buy, Applebee’s, T.G.I. Friday’s, Dick’s Sporting Goods, Smashburger, Toys “R” Us and Staples. Area demographics include a population of 57,111 within three miles earning $170,453 as the average household income. The average daily traffic count is 45,000 vehicles. For more information, contact Chuck Lanyard or Doug Gehlbach, The Goldstein Group, 45 Eisenhower Drive, (continued on page sixteen)
July 10, 2015 | Page 15
SPACE PLACE New Jersey (continued from page fifteen)
Paramus, NJ 07652; 201-703-9700 Ext. 115/134, Fax 201-703-9678; Email: clanyard@thegoldsteingroup.com; Web site: www.thegoldsteingroup.com. North Brunswick – Spaces of 1,600 sq.ft. and 8,000 sq.ft., along with a divisible 47,463 sq.ft. space, are available at the intersection of Route 1 and North Oaks Boulevard. Cotenants include Raymour & Flanigan and Dunkin’ Donuts. Area demographics include a population of 242,653 within five miles earning $96,046 as the average household income. The average daily traffic count is 74,210 vehicles. For more information, contact Adam Fumarola, Scott Milnarow or Kathy Boudreau, Raymour & Flanigan Real Estate, 7248 Morgan Road, Liverpool, NY 13090; 315-295-2864/315-453-2590/315453-2520, Fax 315-453-2570; Email: realestate@raymourflanigan.com; Web site: www.raymourflanigan.com. Piscataway – Up to 20,000 sq.ft. of space is available on a 3.5-acre site along Stelton Road. Area retailers include Stop & Shop, Advance Auto Parts, Home Depot, Walmart, Petco, Sports Authority, Panera Bread and Lowe’s. Area demographics include a population of 321,554 within five miles earning $98,330 as the average household income. The average daily traffic count is 25,475 vehicles. For more information, contact Joe AmecAngelo, R.J. Brunelli & Co., LLC, 400 Perrine Road, Suite 405, Old Bridge, NJ 08857; 732-721-5800 Ext. 32, Fax 732-7219241; Email: jamecangelo@rjbrunelli.com; Web site: www.rjbrunelli.com.
New York Astoria – A 2,500 sq.ft. street level retail space is available along Steinway Street. Brooklyn – A 2,400 sq.ft. street level retail space is available along Flatbush Avenue. Area retailers include The Vitamin Shoppe, Radio Shack, Fabric Sav-A-Thon, CVS and Waldbaums. Area demographics include a population of 253,482 within two miles earning $52,836 as the median household income. The average daily traffic count is 25,000 vehicles. The asking rent is $55 psf. Westbury – A 3,475 sq.ft. space is available along Old Country Road. Area retailers include Bed Bath & Beyond, Benihana, H&M, David’s Bridal, Golf Galaxy and The Cheesecake Factory. For more information, contact Marc Durst, Sholom & Zuckerbrot Realty, LLC, Page 16 | July 10, 2015
New York
New York
Kaufman Astoria Studios, 35-11 35th Avenue, Long Island City, NY 11106; 718-3925959 Ext. 122, Fax 718-729-3853; Email: mdurst@s-z.com; Web site: www.s-z.com.
International, LLC, 339 East Avenue, Suite 4320, Rochester, NY 14604; 585-3628704/8708, Fax 585-454-6439; Email: mmuoio@ferrarajerum.com; Web site: www.ferrarajerum.com.
Brooklyn – A center located at the intersection of Flatlands Avenue and Ralph Avenue, has six spaces of 1,000 sq.ft. available. Area retailers include Food Town, Boston Market and T-Mobile. Area demographics include a population of 209,464 within three miles earning $79,900 as the average household income. For more information, contact RW Real Estate Group, LLC, 95-25 Queens Boulevard, Rego Park, NY 11374; 914-517-2621; Email: info@rwrealestategroup.com; Web site: www.rw-properties.com. Flushing – A 22,515 sq.ft. site is available along Northern Boulevard. Area retailers include Rite Aid, T-Mobile, HSBC Bank, H-Mart, Payless Shoe Source, Auto Zone and McDonald’s. Area demographics include a population of 127,239 within one mile earning $47,215 as the median household income. The average daily traffic count is 60,000 vehicles. For more information, contact Mark Galucci or Russel Helbling, Sabre Real Estate Group, LLC, 500 Old Country Road, Garden City, NY 11530; 516-874-8070 Ext. 508/506; Email: mark@sabreny.com. Hauppauge – The Plaza at Hauppauge, a 36,000 sq.ft. center located at the intersection of Veterans Memorial Highway and Wheeler Road, has retail spaces available. Cotenants include Dollar Tree and Sbarro Pizza. Area demographics include a population of 215,795 within five miles earning $108,077 as the average household income. For more information, contact Ken Simon, Heidenberg Properties Group, 201-768-1300 Ext. 21; Email: leasing@heidenbergproperties.com; Web site: www.heidenbergproperties.com. Irondequoit – Ridge Goodman Plaza, a 150,000 sq.ft. community center located at the intersection of East Ridge Road and North Goodman Street, has inline and anchor spaces available, as well as an outparcel. Cotenants include Marshalls, Rent-ACenter, Starbucks, Chipotle, Supercuts and Bank of America. Area demographics include a population of 298,760 within five miles earning $52,699 as the average household income. For more information, contact Marco Muoio or David Schroth, Ferrara Jerum
Rochester – Henrietta Plaza, a 245,038 sq.ft. center located at the intersection of Jefferson Road and East Henrietta Road, has spaces available. Cotenants include Big Lots, Staples, Guitar Center, Radio Shack, Subway, Saladworks, Cici’s Pizza, Starbucks, Five Guys Famous Burgers & Fries and Moe’s Southwest Grill. Area demographics include a population of 74,982 within five miles earning $53,003 as the average household income. For more information, contact Brian Donovan, Donovan Real Estate Services, LLC, 460 East Avenue, Rochester, NY 14607; 716-998-2943, Fax 315-6711501; Email: brian@donovanres.com; or Christopher Farrell, Vanguard-Fine, LLC, 1529 Western Avenue, Albany, NY 12203; 518-862-0861 Ext. 209, Fax 518-867-3082; Email: cfarrell@vanguardfine.com; Web site: www.vanguardfine.com. Staten Island – A 10,000 sq.ft. fitness club is available along Victory Boulevard. Area demographics include a population of 239,056 within five miles earning $81,718 as the average household income. The average daily traffic count is 15,235 vehicles. For more information, contact Joe AmecAngelo, R.J. Brunelli & Co., LLC, 400 Perrine Road, Suite 405, Old Bridge, NJ 08857; 732-721-5800, Fax 732-721-9241; Email: jamecangelo@rjbrunelli.com; Web site: www.rjbrunelli.com. Tonawanda – Tops Plaza, a 97,000 sq.ft. center located at the intersection of Niagara Street and Clinton Street, has spaces of 3,070 sq.ft. and 4,800 sq.ft. available. Cotenants include Tops Friendly Markets, Family Dollar and Advance Auto Parts. Area demographics include a population of 161,376 within five miles. For more information, contact Brian Donovan, Donovan Real Estate Services, 716-998-2943.
North Carolina Charlotte – Colony Place, a 99,999 sq.ft. neighborhood shopping center located at the intersection of Colony Road and Rea Road, has a space of 1,765 sq.ft. available. Cotenants include Harris Teeter, Walgreens, Dealmakers Magazine | www.dealmakers.net
SPACE PLACE North Carolina
Rhode Island
South Carolina
Dunkin’ Donuts, Brooklyn South Pizza, Mole Hole, Paul Beaune Salon and TCBY. Area demographics include a population of 74,731 within three miles earning $119,986 as the average household income. For more information, contact Lauren Hansen, Aston Properties, 610 East Morehead Street, Suite 100, Charlotte, NC 28202; 704-319-4937; Email: lahansen@astonprop.com; Web site: www.astonprop.com.
Middletown – Two pad sites of 4,200 sq.ft. and 8,400 sq.ft. are available for ground lease along West Main Road. Area demographics include a population of 25,844 within five miles. For more information, contact Richard Pilla or Matthew Giokas, Paramount Partners, LLC, 781-848-1550 Ext. 23/26.
of US Route 1 and Springdale Drive, has spaces from 1,300 sq.ft. to 3,000 sq.ft. available. Cotenants include Belk, Cato, Burke’s Outlet, Dollar Tree, Farmer’s Home Furniture, Goodwill, Hibbett Sports, rue 21, GNC and Sally Beauty Supply. For more information, contact Albert Silvera, Surrey Equities, 40 Fulton Street, 6th Floor, New York, NY 10038; 212619-0059, Fax 212-619-0069; Email: albert@surreyequities.com; Web site: www.surreyequities.com.
Marion – Grandview Station, located at the intersection of Interstate 40 and Sugar Hill Road, has four spaces of 1,600 sq.ft. available, which can be combined. Cotenants include Dollar Tree, rue 21, Shoe Show, GNC, Great Clips, Sally Beauty Supply and US Cellular. Area demographics include a trade area population of 43,345 earning $46,765 as the average household income. For more information, contact Haley Peterson or Mary Dufour, WRS, Inc., 550 Long Point Road, Mt. Pleasant, SC 29464; 843-654-7866/803-644-2831, Fax 843-6547889; Email: hpeterson@wrsrealty.com; Web site: www.wrsrealestate.com. Mt. Airy – Surry Plaza Shopping Center, located along West Pine Street, has a retail space and outparcel available. Cotenants include Food Lion, NAPA Auto Parts, Badcock Furniture and Family Dollar. Area demographics include a population of 27,535 within five miles earning $49,124 as the average household income. The average daily traffic count is 16,000 vehicles. For more information, contact Tim Lichtenstein, Glenwood Co., 9525 Birkdale Commons Drive, Suite 200, Huntersville, NC 28078; 704-897-1400, Fax 704-8971401; Email: timglenwood@yahoo.com; Web site: www.glenwoodco.com.
Pennsylvania East Drumore – Drumore Crossings, a 322,169 sq.ft. center located at the intersection of Highway 272 and Highway 372, has spaces available. Area demographics include a population of 20,613 within seven miles earning $67,453 as the average household income. For more information, contact Matt Sitton or Dallas Schurr, Wolfson Group, Inc., 120 West Germantown Pike, Suite 120, Plymouth Meeting, PA 19462; 610-277-8899, Fax 610277-8880; Email: msitton@wolfsongroupinc.com; Web site: www.wolfsongroupinc.com. Dealmakers Magazine | www.dealmakers.net
South Carolina Camden – Springdale Plaza, a 179,271 sq.ft. center located at the intersection
(continued on page eighteen)
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SPACE PLACE South Carolina (continued from page seventeen)
Spartanburg – East Main Centre, located along East Main Street, has a space of 6,144 sq.ft. available, as well as a proposed 1.0-acre outparcel. Cotenants include Lowe’s Home Improvement, Gold’s Gym, Jackson Hewitt and Tractor Supply Co. Area demographics include a population of 65,018 within five miles earning $53,621 as the average household income. For more information, contact James Goldsmith, Gator Investments, 1595 Northeast 163rd Street, North Miami Beach, FL 33162; 877-459-9605; Email: sales@gatorinvestments.com; Web site: www.gatorinvestments.com.
Texas Dallas – Torre Vista, located at the intersection of North Master Drive and Lake June Road, has inline spaces available, as well as a. pad site. Cotenants include dd’s Discounts, Spin Cycle, The Children’s Place, Rent-A-Center, Citi Trends, Little Caesar’s, Subway, T-Mobile and O’Reilly
Texas
Virginia
Auto Parts. Area demographics include a population of 244,180 within five miles earning $37,020 as the average household income. For more information, contact Peter Romero, Chris Duncan or Scott Walker, Mimco, Inc., 915-342-1205/1204/1203; Email: promero@mimcoelp.com; Web site: www.mimcoinc.com.
Goochland – Broadview Shopping Center, a 57,700 sq.ft. center located at the intersection of Broad Street Road and St. Matthews Lane, has an endcap space of 2,000 sq.ft. available, as well as three outparcels. Cotenants include Food Lion and Dollar General. Area demographics include a population of 55,153 within five miles earning $103,595 as the median household income. For more information, contact Jeff Doxey, NAI Eagle, 2250 Old Brick Road, Suite 240, Richmond, VA 23060; 804-217-6926; Email: jeffdoxey@naieagle.com; Web site: www.naieagle.com.
Vermont Berlin – Berlin Mall, a 250,046 sq.ft. center located along Berlin Mall Road, has spaces from 593 sq.ft. to 15,000 sq.ft. available. Cotenants include Walmart, JC Penney, Shoe Dept., Olympia Sports, Bath & Body Works, Game Stop, Claire’s, GNC and Verizon Wireless. Area demographics include a population of 25,469 within five miles earning $57,322 as the average household income. For more information, contact Ken Simon, Heidenberg Properties, 201-768-1300 Ext. 21; Email: leasing@heidenbergproperties.com; Web site: www.heidenbergproperties.com.
Williamsburg – Jamestown Center, located at the intersection of Jamestown Road and Sandy Bay Road, has a space of 1,200 sq.ft. available. Area demographics include a population of 3,558 within one mile earning $78,581 as the median household income. For more information, contact Janice Lewis, Campana Waltz Commercial Real Estate, LLC, 757-327-0333; Email: janice@campanawaltz.com; Web site: D www.campanawaltz.com. M
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