Reporting The Nation’s Weekly News on Retailing & Retail Real Estate
Volume XXVI No. XXVI
July 15, 2011
Home-Related Chains Expand Nationwide The Sherwin-Williams Co. trades as SherwinWilliams at more than 3,350 locations nationwide and throughout Canada. The home improvement stores, offering paint, stain and related products and supplies, as well as wallpaper and home accents, occupy spaces of 5,000 sq.ft. in freestanding locations, strip centers and downtown areas. Growth opportunities are sought throughout CT, MA, ME, NH, NJ, NY, PA, RI, VT and WV, as well as Canada, during the coming 18 months. Typical leases run five years with options. For more information, contact Bill Siehl, The Sherwin-Williams Co. (Eastern Division), 313 Technology Drive, Malvern, PA 19355; 610647-9115 Ext. 145, Fax 610-640-2960; Web site: www.sherwin-williams.com. Aaron’s operates 1,800 locations nationwide and throughout Canada. The home furnishings stores, offering rent-to-own office furniture, electronics, home appliances and accessories, occupy spaces of 8,000 sq.ft. in various types of spaces. Growth opportunities are sought throughout MD, VA and Washington, DC during the coming 18 months, with representation by National Real Estate Brokerage, Inc. Preferred cotenants include Walmart and grocery stores. For more information, Jeff Gelberman, National Real Estate Brokerage, Inc., 6001 Montrose Road, Suite 310, Rockville, MD 20852; 301-770-8585 Ext. 112, Fax 301-7708591; Email: jeff@nreb.net.
Mitchell Gold + Bob Williams operates 14 locations nationwide. The stores, offering better lines of modern furniture, occupy spaces of 7,500 sq.ft. to 12,500 sq.ft. in freestanding locations and lifestyle centers. Growth opportunities are sought throughout Los Angeles, CA; Boston, MA; the New York, NY metropolitan area; Dallas, TX and Seattle, WA during the coming 18 months, with representation by Thor High Street Advisors. For more information, contact Robert Draizen, Thor High Street Advisors, 25 West 39th Street, Eleventh Floor, New York, NY 10018; 212-4018635 Ext. 205, Email: rdraizen@thorhighstreet.com; Web site: www.thorhighstreet.com. The Home Depot, Inc. trades as Home Depot at 2,244 locations nationwide and internationally. The home improvement stores, offering appliances, electronics, plumbing, flooring, kitchen, hardware and outdoor products and supplies, occupy spaces of 100,000 sq.ft. to 120,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. The company prefers to acquire sites and requires a land area of 10 to 13 acres for freestanding locations. For more information, contact Mike LaFerle, The Home Depot, Inc., 2455 Paces Ferry Road, Atlanta, GA 30339-4024; 770433-8211, Fax 770-384-2917; Web site: www.homedepot.com. (continued on page eight)
This issue contains information on:
* Retailers operating 24,164 locations with plans to open 1,468 sites * Real estate valued in excess of $764.7 million to be bought, sold & financed * Leasing activity on over 10.8 million sq.ft. of retail properties
Important News Please Expedite
Postmaster: Periodical
Featuring ICSC New England Idea Exchange New Construction The Consigli Cos. is developing a mixed-use project on 188 acres in North Stonington, CT.... Pg. 3 Observations & Conversations Pg. 4 Profile|Sport Clips................... Pg. 6 Buyers and Sellers Eastern Retail Properties is selling shopping centers in MA Pg. 9 Federal Realty Investment Trust seeking properties in CT, FL, MA, MD, NJ, NY, PA, VA and Washington, DC....................... Pg. 15 In the News Cushman & Wakefield hired Jessica Curtis as associate director, retail brokerage services.................................... Pg. 10 Food Retailers Expand Wok ‘N Roll seeking sites in New England, NY and Philadelphia, PA....................... Pg. 11 Openings Gap, Inc. to open 50 Athleta stores by 2013.......................... Pg. 14 Lease Signings Kowit & Passov Real Estate Group negotiated leases throughout OH......................... Pg. 16 Lead Sheet EyeMasters seeking sites in NJ and Long Island and New York, NY........................................... Pg. 19 Modells Sporting Goods entering into Boston, MA; New York, NY; Philadelphia, PA and DC markets.............................. Pg. 20 Sources of Financing MetLife Real Estate Investments provides financing for retail and other properties worldwide....... Pg. 22 Exclusives Western Retail Advisors represents S.A. Elite throughout 33 states nationwide................. Pg. 22 Space Place.............................. Pg. 23
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