Reporting The Nation’s Weekly News on Retailing & Retail Real Estate Volume XXIX No. XXVI
July 18, 2014
FEATURING HOME-RELATED CHAINS EXPAND NATIONWIDE El Dorado Furniture Corp. trades as El Dorado Furniture at 12 locations throughout Dade, Palm Beach and Broward counties in FL. The furniture stores occupy spaces of up to 100,000 sq.ft. in freestanding locations, specialty and strip centers. Growth opportunities are sought throughout FL during the coming 18 months. For more information, contact Pedro Capo, El Dorado Furniture Corp., 4200 NW 167th Street, Miami. FL 33054; 305-624-9700, Fax 305-6245379; Email: pedro@eldoradofurniture.com; Web site: www.eldoradofurniture.com. Rommel Holdings, Inc. trades as Rommel’s Ace Hardware Home Center at 11 locations throughout DE, MD and VA. The home improvement stores occupy spaces of 9,000 sq.ft. to 12,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 10 years. A vanilla shell is required. Preferred cotenants include drug and grocery stores. Preferred demographics include a population of 30,000 within four miles earning $70,000 as the average household income. Major competitors include Home Depot and Lowe’s Home Improvement. For more information, contact Michael Cottingham, Rommel Holdings, Inc., PO Box 310, Fruitland, MD 21826; 410749-3600, Fax 410-749-3193; Email: mcottingham@rommelusa.com; Web site: www.rommelsace.com.
Tollefson’s Retail Group trades as Carpet Garage and Slumberland Furniture at 22 locations throughout MN, MT and ND. The company prefers to occupy spaces of 16,000 sq.ft. to 21,000 sq.ft. in freestanding locations. Growth opportunities are sought for Carpet Garage throughout the existing markets during the coming 18 months. Preferred demographics include a population of 35,000 within 15 miles. The company prefers to build its stores and requires a land area of at least 50,000 sq.ft. For more information, contact Roger Tollefson, Tollefson’s Retail Group, PO Box 698, Minot, ND, 58702; 701-852-5231, Fax 701-837-0177; Web site: www.carpetgarage.com. R.P. Lumber Co., Inc. trades as R.P. Lumber at 55 locations throughout IL and MO. The facilities, offering building materials and home improvement products, occupy freestanding building on land area of 1.5 acres and up. Growth opportunities are sought throughout the Midwestern region during the coming 18 months. The company prefers to acquire sites and will also consider locating in shopping center conversion spaces. For more information, contact Jason Plummer, R.P. Lumber Co., Inc., 514 East Vandalia Street, Edwardsville, IL 62025; 618-656-1514, Fax 618655-7988; Email: jason.plummer@rplumber.com; Web site: www.rplumber.com. (continued on page eight)
THIS ISSUE CONTAINS INFORMATION ON: • Retailers operating 44,874 locations with plans to open 2,654 sites • Real estate valued in excess of $136 million to be bought, sold & financed • Leasing activity on over 6.2 million sq.ft. of retail properties WS T NE RTAN PEDITE O P X IM SE E PLEA
Postmaster: Periodical
PRE-SHOW ICSC NEW ENGLAND IDEA EXCHANGE New Construction Ripco Real Estate preleasing mixed-use site in NY................... Pg. 4 Who’s Opening and Where At Home Furnishings entering AZ.............................................. Pg. 5 Food Chains Expand Juice It Up! to enter AR and FL
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Buyers and Sellers Cushman & Wakefield brokered the $24 million sale of a NH shopping center.......................... Pg. 7 Lead Sheet Goddard School plans 50 openings..................................... Pg. 9 Brain Balance Achievement Centers anticipates 40 new locations..................................... Pg. 10 UFC Gym aims to open 100 locations..................................... Pg. 11 Boot Barn plans 25 store openings..................................... Pg. 12 Lease Signings Divaris inks deal with lululemon Pg. 13 Tenant Reps and Exclusives Starboard TCN reps Fitness 19 in northern CA................................ Pg. 14 Sources of Financing SunTrust Bank funds Whole Foods anchored project.............. Pg. 14 Making the News SVN | Chicago taps investment sales talent.................................. Pg. 14 Space Place................................ Pg. 15