Reporting The Nation’s Weekly News on Retailing & Retail Real Estate
Volume XXV No. XXVII
July 23, 2010
Supermarket Chains Expand Nationwide Brookshire Grocery Co. trades as Brookshire Food Stores and Super 1 Stores at 151 locations throughout AR, LA and TX. The supermarkets occupy spaces of 30,000 sq.ft. to 70,000 sq.ft. in freestanding locations, as well as power and strip centers. Growth opportunities are sought throughout southern AR, LA and eastern TX during the coming 18 months. Typical leases run 15 to 20 years. The company prefers to acquire sites. Major competitors include Albertsons, Kroger and Walmart Supercenter. A land area of five to six acres is required for freestanding locations. For more information, contact John Broderhausen, Brookshire Grocery Co., 1600 West Southwest Loop 323, Tyler, TX 75701; 903-534-3000, Fax 903-534-2217; Web site: www.brookshires.com. Fresh Encounter, Inc. trades as Community Markets, Great Scot Community Markets, Fulmer Community Markets and Sack N Save Supermarkets at 32 locations throughout IN and OH. The supermarkets occupy spaces of 9,000 sq.ft. to 36,000 sq.ft. in freestanding locations, downtown areas and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. For more information, contact Michael Needler, Fresh Encounter, Inc., 317 West Main Cross Street, Findlay, OH 45840; 419422-8090, Fax 419-424-3932; Web site: www.freshencounter.com.
Inserra Supermarkets, Inc. trades as ShopRite and LML Supermarkets at 25 locations throughout NJ and NY. The supermarkets occupy spaces of 60,000 sq.ft. to 70,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the New York, NY metropolitan area and Bergen, Hudson, Passaic and Rockland counties in NJ, during the coming 18 months. For more information, contact Rich Chamberlin, Inserra Supermarkets, Inc., 20 Ridge Road, Mahwah, NJ 07430; 201-529-5900, Fax 201-529-1189. Giant Eagle, Inc. trades as Giant Eagle at 222 locations throughout MD, OH, PA and WV. The supermarkets occupy spaces of 12,000 sq.ft. to 150,000 sq.ft. in freestanding locations and power, specialty and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 20 years with options. Preferred cotenants include Home Depot, Kohl’s, Barnes & Noble, Borders, Lowe’s Home Improvement and Target. Major competitors include Tops, Shop N Save, Giant and Kroger. For more information, contact Shelly Sponholz or Jim Chickini, Giant Eagle, Inc., 261 Kappa Drive, Pittsburgh, PA 15238; 412-963-6200, Fax 412-967-6104; Email: ssponholz@gianteagle.com; Web site: www.gianteagle.com. (continued on page eight)
This issue contains information on:
* Retailers operating 53,967 locations with plans to open 4,881 sites * Real estate valued in excess of $88.7 million to be bought, sold & financed * Leasing activity on over 5.5 million sq.ft. of retail properties
Important News Please Expedite
Postmaster: Periodical
Featuring ICSC Tennessee/Kentucky Idea Exchange New Construction Jim Wilson & Associates, LLC is preleasing a 238,000 sq.ft. center in Macon, GA............. Pg. 3 Openings Burberry to open 30 stores nationwide and internationally....................... Pg. 4 The Sports Authority, Inc. launches a new retail concept Pg. 6 Buyers & Sellers National Net Lease Realty looks to acquire freestanding single-tenant properties nationwide............................ Pg. 5 Exclusives Atlantic Retail Properties named exclusive leasing agent for Cross County Plaza.......... Pg. 6 Lease Signings SRS Real Estate Partners negotiated a lease with Dick’s Sporting Goods in Bakersfield, CA......................................... Pg. 7 In the News Grubb & Ellis Co. hired Paul O’Boyle as senior vice president, investment group.... Pg. 7 Sources of Financing Mortgagemint, LLC provides financing for the refinancing and acquisition of malls and strip centers........................... Pg. 8 Food Retailers Expand Chick-fil-A, Inc. seeks to open locations nationwide throughout 37 states.............. Pg. 9 Lead Sheet Marty’s and City Gear to open locations throughout AL, AR, FL, GA, LA, MS and TN......... Pg. 11 Omaha Steaks seeking locations throughout 18 states nationwide............................ Pg. 14 Space Place........................... Pg. 16
For more news go to: www.dealmakers.net Mobile Access Code: tnkyidex2010
New Construction Jeffrey R. Anderson Real Estate, Inc. is preleasing Towne Center II, located at the intersection of Union Center Boulevard and West Chester Towne Centre Drive in West Chester, OH. Area demographics include a population of 266,813 within seven miles earning $80,077 as the average household income. The average daily traffic count is 166,000 vehicles. For more information, contact Emily Bevis, Jeffrey R. Anderson Real Estate, Inc., 3805 Edwards Road, Suite 700, Cincinnati, OH 45209; 513-241-5800, Fax 513-241-2637; Email: ebevis@anderson-realestate.com.
President/Publisher.............................. Ann O'Neal ann@dealmakers.net Vice President .................................. Alyson Parker alyson@dealmakers.net Art Director................................. Anthony Pingicer anthony@dealmakers.net Editor.................................................. Erin Dunkley erin@dealmakers.net Editor............................................... Adam Taliercio adamt@dealmakers.net Director of Circulation..................... Jane Winterle jane@dealmakers.net Advertising Coordinator............ Stephani Hamner stephani@dealmakers.net Founder..................................................... Ted Kraus 1979–2007
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Jim Wilson & Associates, LLC is preleasing Redstone Gateway, a 125,000 sq.ft. center located in Huntsville, AL. Area draws include University of Alabama at Huntsville and Alabama A&M. Area demographics include a population of 408,945 within 20 miles earning $66,519 as the average household income. The center is slated to open during fall of next year. The company is also preleasing New Park Market Place, a 67,000 sq.ft. neighborhood shopping center located in Montgomery, AL. Area demographics include a population of 317,163 within 20 miles earning $61,145 as the average household income. The center is slated to open during fall of next year. The company is also preleasing River Crossing Market Place, a 238,000 sq.ft. power center located in Macon, GA. Area retail includes The Shoppes at River Crossing. Area demographics include a population of 39,909 within five miles earning $82,876 as the average household income. For more information, contact Woody Rush, Jim Wilson & Associates, LLC, 2660 EastChase Lane, Suite 100, Montgomery, AL 36117; 334-260-2524, Fax 334-260-2535; Email: w.rush@jwamalls.com; Web site: www.jwamalls.com. Strategic Development Advisors, with CB Richard Ellis, is preleasing Adelanto Towne Center, a 280,000 sq.ft. regional shopping center situated on 35.31 acres at the intersection of U.S. Highway 395 and Mojave Drive in Adelanto, CA. Target anchors the center. Anchor and shop spaces are available along with pad sites. Area demographics include a population of 171,324 within seven miles earning $57,418 as the average household income. The average daily traffic count is 47,000 vehicles. The center is slated to open during 2012. For more information, contact Peter Moersch, CB Richard Ellis; 714-939-2201; Email: peter.moersch@cbre.com; Web site: www.cbre.com. Or Ielen Sarkisian, Strategic Development Advisors; 626-243-5290; Email: ielen.sarkisian@sdacre.com; Web site: www.sdacre.com. Forest City Ratner Cos. is developing Mill Basin, a 120,000 sq.ft. retail project located at the intersection of Flatbush Avenue and Belt Parkway in Brooklyn, NY. Anchor and shop spaces are available. Area retail includes Kings Plaza and Toys “R” Us. Area demographics include a population of 322,054 within three miles earning $59,574 as the average household income. For more information, contact Forest City Ratner Cos., 1 Metrotech Center, Brooklyn, NY 11201; 718-923-8400; Web site: www.fcrc.com. www.dealmakers.net
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Kahn Development is preleasing Keagy Village, located at the intersection of VA Highway 419/Electric Road and Keagy Road in Roanoke, VA. Shop spaces are available. Area demographics include a population of 209,636 within 10 miles earning $61,055 as the average household income. The average daily traffic count is 28,000 vehicles. The company is also preleasing Shoppes at Gaffney, located along Floyd Baker Boulevard in Gaffney, SC. Shop spaces are available. Area retail includes Belk, Lowe’s Home Improvement, Ingles, Applebee’s, Zaxby’s, Blockbuster Video and McDonald’s. Area demographics include a population of 53,959 within 10 miles earning $51,591 as the average household income. For more information, contact Kahn Development, 101 Flintlake Drive, Columbia, SC 29223; 803-744-0000; Email: leasing@kahndevelopment.com; Web site: www.kahndevelopment.com. The Rappaport Cos. is preleasing St. Mary’s Marketplace, a 75,000 sq.ft. project located at the intersection of Route 235/Three Notch Road and Route 4/Patuxent Beach Road in California, MD. Area retail includes Wildwood Center, featuring Cheeseburger in Paradise, BB&T, Sears, JCPenney and Outback Steakhouse; First Colony, featuring BJ’s Wholesale Club, Lowe’s Home Improvement, Target, Pier 1 Imports, Staples, Chick-fil-A, Giant and Ruby Tuesday, and South Plaza, featuring Best Buy, Ross Dress for Less, Old Navy, Panera Bread, Petco, Five Guys Famous Burgers and Fries and Chevy Chase Bank. Area demographics include a population of 94,372 within 10 miles earning $89,354 as the average household income. The average daily traffic count is 73,800 vehicles. The company is also preleasing Catoctin Corner, a 70,000 sq.ft. mixed-use project located at the intersection of West Colonial Highway/State Route Business 7 and Berlin Turnpike/State Route 287 in Purcellville, VA. Shop and restaurant spaces are available. Area retail includes Purcellville Gateway Shopping Center, featuring Harris Teeter. Area demographics include a population of 91,312 within 10 miles earning $123,725 as the average household income. The average daily traffic count is 10,900 vehicles. For more information regarding St. Mary’s Marketplace, contact Susan Bourgeois, The Rappaport Cos., 8405 Greensboro Drive, 8th Floor, McLean, VA 221025121; 571-382-1288, Fax 571-382-1210; Email: sbourgeois@rappaportco.com; Web site: www.rappaportco.com. For more information regarding Catoctin Corner, contact Jim Farrell; 571-382-1229; Email: jfarrell@rappaportco.com. DM
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Who’s Opening and Where Hill Arizona Grocery Co. (970-626-5811) plans to open The Market at Fulton Ranch, a grocery store that will anchor The Promenade at Fulton Ranch, a 150,000 sq.ft. center located at the intersection of Chandler Heights Road and Alma School Road in Chandler, AZ. The market will feature organic produce, gourmet food items, and a café as well as deli and bakery departments, and is slated to open during the fall. The company operates grocery stores throughout AZ and CO. Jo-Ann Stores, Inc. (330-656-2600) is slated to open 30 Jo-Ann Fabrics locations nationwide during the 2011 fiscal year, as well as close 25 locations and remodel 40 stores. Tiffany & Co. (212-755-8000) will open a Tiffany’s jewelry store at St. Johns Town Center, located along River City Drive in Jacksonville, FL. The store is slated to open during the winter. The company currently operates 200 locations nationwide and internationally, including 10 in the state. Burberry (212-707-6500) plans to open between 20 and 30 stores worldwide, with a focus on the U.S. and the Asia-Pacific region.
Panera Bread Co. (314-633-7100) will open a Panera Bread restaurant in a former Mel’s Drive-In site at the Parasol building of The Shops at Rossmoor, located in Seal Beach, CA. The bakery-café will offer handcrafted breads, pastries, sandwiches and salads, and will join Kohl’s, Sprouts Farmers Market, California Pizza Kitchen and Pei Wei Asian Diner at the center. Yogurtland is also slated to open a location at the center this fall. The company currently operates 1,380 restaurants, trading as Panera Bread, Saint Louis Bread Co. and Paradise Bakery & Café, throughout 40 states nationwide and Canada. James Avery Craftsman, Inc. (830-895-1122) will open a James Avery jewelry store at CoolSprings Galleria, located along Galleria Boulevard in Franklin, TN, by the middle of next month, as part of a plan to open between five and eight stores annually. The store will offer mostly hand-crafted jewelry, including sterling silver, 14-karat gold and gemstones, and will be the company’s first in the state. The company also plans to open locations in Memphis, TN and Baton Rouge, LA this year, and currently operates 55 locations throughout AL, CO, GA, LA, OK and TX.
Academy Sports & Outdoors (888-922-2336) is slated to open a 76,000 sq.ft. Academy Sports location in part of a former Walmart site along Blanding Boulevard in Orange Park, FL. The store is slated to open during the fall. Urban Outfitters, Inc. (215-454-5500) plans to open a 9,200 sq.ft. Urban Outfitters store in a former Pier 1 Imports site at Town Center Corte Madera, located in Marin County, CA, during the fall. The tenant will join Ann Taylor Loft and Lucy Activewear at the center. The company currently operates 1,700 units nationwide and throughout Canada and Europe under the Anthropologie, Urban Outfitters, Free People and Terrain trade names. CVS Caremark Corp. (877-265-7325) will open a 13,000 sq.ft. CVS pharmacy in a condominium tower located at the intersection of Kent Avenue and North 6th Street in the North Williamsburg area of Brooklyn, NY. The company also plans to open a 12,900 sq.ft. store along South Atlantic Avenue in Daytona Beach, FL during the summer of 2011.
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Buyers and Sellers Deerfield Partners is selling a Walgreens site located in Harvard, IL. The tenant is bound to a 75-year, NNN lease executed in January. Area retail includes Walmart Supercenter. For more information, contact John Giordani or Art Griffith, Deerfield Partners, 71 Stevenson Street, Suite 400, San Francisco, CA 94105; 415-577-9311 or 415-7303024; Emails: jg@deerfieldteam.com and atg@deerfieldteam.com. CB Richard Ellis| San Diego Retail Private Client Group negotiated the sale of a 5,833 sq.ft. freestanding building located at the intersection of El Cajon Boulevard and Rolando Avenue in San Diego, CA. The property was acquired for $650,000. The company represented the seller in the transaction. For more information, contact Joel Wilson, Reg Kobzi, Carrie Bobb or Matt Shope, CB Richard Ellis|San Diego Retail Private Client Group, 4365 Executive Drive, Suite 1600, San Diego, CA 92121; 858-546-4651, 858-546-4600 or 858-704-7210; Emails: joel.wilson@cbre.com, reg.kobzi@cbre.com, carrie.bobb@cbre.com and matt.shope@cbre.com; Web site: www.cbre.com. Plaza Advisors is selling a 51,160 sq.ft. project situated on 7.2 acres in Orlando, FL. LA Fitness anchors the site. The NOI is $815,136. The asking price is $10.2 million with a Cap rate of 8%. The company is also selling a freestanding, 16,510 sq.ft. Walgreens situated on a land area of 1.75 acres at the intersection of Southwest 80th Avenue and SR 200 in Ocala, FL. The tenant is bound to a lease set to expire during June 2085. The NOI is $495,000. The asking price is $6.825 million with a Cap rate of 7.25%. For more information, contact Anthony Blanco, Plaza Advisors, 5201 Blue Lagoon Drive, Suite 846, Miami, FL 33126; 305629-3606, Fax 305-647-6441; Email: anthony.blanco@plazadvisors.com; Web site: www.plazadvisors.com. Or Jim Michalak, 3412 Bay to Bay Boulevard, Tampa, FL 33629; 813-837-1300, Fax 813-831-2627; Email: jim.michalak@plazadvisors.com. WP Realty and Angelo, Gordon & Co. acquired Fairlawn Town Centre, a 447,037 sq.ft. community shopping center located in Fairlawn, OH. At the time of sale, tenants at the center included Giant Eagle, Target, HomeGoods, Pet Supplies Plus, Marc’s, U.S. Postal Service, Chuck E. Cheese’s, Panera Bread, GNC, Subway and RadioShack. For more information, contact WP Realty, 940 Haverford Road, Bryn Mawr, PA 19010; 610-552-6000, Fax 610-552-6001; Web site: www.wprealty.com.
The Shumacher Group is selling a 3,080 sq.ft. former Backyard Burgers with a drive-thru situated on one acre along Haynes Bridge Road in Alpharetta, GA. Area demographics include a population of 58,226 within three miles. The average daily traffic count is 32,000 vehicles. The company is also selling a 9,180 sq.ft. freestanding building situated on 2.68 acres at the intersection of Highway 78 and Killian Hill Road in Stone Mountain, GA. Area retail includes Red Lobster, Longhorn Steakhouse and Chili’s. The company is also selling a 7,800 sq.ft. building with mezzanine seating situated on two acres along Stonecrest Circle in Lithonia, GA. For more information, contact Harold Shumacher, The Shumacher Group, 3188 Saybrook Drive, Atlanta, GA 30319; 404240-0040; Email: harold@shumacher.com; Web site: www.shumacher.com. Pyramid Brokerage Co. of Buffalo is selling a 3.15-acre shopping center development parcel located at the intersection of Route 5/ Erie Road and Lake Street in Angola, NY. A 25,141 sq.ft. Jubilee Supermarket occupies the site. The parcel is combinable with an adjacent 17.69-acre parcel. For more information, contact David Schiller or David Seider, Pyramid Brokerage Co. of Buffalo, 1900 Rand Building, Buffalo, NY 14203; 716-852-7500, Fax 716-8520890; Email: dschiller@pyramidbrokerage.com; Web site: www.pyramidbrokerage.com/buffalo. Holliday Fenoglio Fowler, LP, on behalf of a client, is selling Big Y North Haven, a 66,159 sq.ft. center located along Route 5/ Washington Avenue in North Haven, CT. Big Y Supermarket and Outback Steakhouse tenant the property. For more information, contact Coleman Benedict, Dana Brome or Jay Marshall, Holliday Fenoglio Fowler, LP, One Post Office Square, Suite 3500, Boston, MA 02109; 617848-1567/1565 or 212-632-1809; Emails: cbenedict@hfflp.com, dbrome@hfflp.com and jmarshall@hfflp.com. Keller Williams, RGV is selling a 27.32-acre parcel located in Mission, TX. The asking price is $3.5 million. For more information, contact Hope Verdi, Keller Williams, RGV, 833 North Ware Road, McAllen, TX 78501; 956-566-4197, Fax 956928-1422; Email: callhope@kw.com; Web site: www.hopeverdi.com. Sunstate Development is selling an 11,000 sq.ft. corner lot located along Parker Avenue in Ft. Lee, NJ. Area retail includes Bank of America. The asking price is $2.5 million. For more information, contact A. www.dealmakers.net
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Mehtab Razzaq, Sunstate Development, PO Box 1566, Ft. Lee, NJ 07666; 201414-6469, Fax 201-836-5700; Email: a_mehtab_razzaq@yahoo.com. National Net Lease Realty, on behalf of clients, is selling single-tenant, net-leased CVS properties located throughout Charlotte and St. Augustine, FL; Douglas, GA; NJ; Cornwall, NY, and PA. The company, on behalf of clients, is also looking to acquire freestanding, single-tenant properties nationwide. Suitable properties feature tenants bound to NNN leases. For more information, contact Terry Marks, National Net Lease Realty, 350 South River Road, Suite B3, New Hope, PA 18938; 215-862-4335, Fax 215-862-4336; Email: terrymarks123@comcast.net; Web site: www.nnncentral.com. Calkain Cos., Inc. negotiated the $5.4 million sale of a Walgreens located in Sarasota, FL. The company also negotiated the $3.58 million sale of a Verizon Wireless located in Brandon, FL. The company also negotiated the $3.438 million sale of a CVS located in Alcoa, TN. The company also negotiated the $1.8 million sale of an IHOP located in Tallahassee, FL. For more information, contact David Sobelman, Calkain Cos., Inc., 4600 West Cypress Street, Suite 110, Tampa, FL 33607; 813-282-6000; Email: dsobelman@calkain.com; Web site: www.calkain.com. illi Commercial Real Estate is selling a 32,000 sq.ft. freestanding building located along North Highland Avenue in Hollywood, CA. Area demographics include a population of 1.02 million within five miles earning $67,277 as the average household income. The average daily traffic count is 52,000 vehicles. For more information, contact Todd Nathanson, illi Commercial Real Estate, 17547 Ventura Boulevard, Suite 304, Encino, CA 91316; 818-501-2212 Ext. 101, Fax 818501-2202; Email: todd@illicre.com; Web site: www.illicre.com. Cassidy Turley|BT Commercial is selling an AT&T Mobility located in San Antonio, TX. The tenant is bound to a lease featuring annual rent escalations of 2%. The average daily traffic count is 120,000 vehicles at the site. The asking price is $2.667 million with a Cap rate of 7.5%. For more information, contact Robert C. Sanner or Richard M. Sanner, Cassidy Turley|BT Commercial, 201 California Street, Suite 800, San Francisco, CA 94111; 415-677-0439/0429; Emails: bsanner@ctbt.com and rsanner@ctbt.com; Web site: www.ctbtnnn.com. DM
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Who’s Opening and Where (continued from page four)
Beverages & More, Inc. (925-609-6000) plans to open a BevMo store in part of a former Toys “R” Us site in a strip center located along Hilltop Drive in Redding, CA. The store, offering 3,000 varieties of wine and 1,000 types of beer as well as spirits, cigars and nonalcoholic beverages, will be the company’s first location north of Sacramento, CA, and is slated to open during November. The store will join PetSmart, Bank of America and Big Lots at the center. The company currently operates 111 stores throughout AZ and CA. Krispy Kreme Doughnuts, Inc. (336-7252981) plans to open between seven and ten company-owned Krispy Kreme locations and between 35 and 45 franchise locations nationwide and internationally during the 2011 fiscal year. The company currently operates 582 stores, including 83 corporate locations and 499 franchise units, nationwide and internationally. Deckers Outdoor Corp. (805-967-7611) plans to open nine UGG Australia shoe stores during 2010, including six within the U.S.
The Sports Authority, Inc. (303-200-5050) will launch S.A. Elite, a new retail concept offering high-end performance apparel, footwear and accessories, with an opening in Denver, CO next month. The stores will range in size from 12,000 sq.ft. to 15,000 sq.ft., a smaller footprint than a typical The Sports Authority location. The company currently operates 460 The Sports Authority stores throughout 45 states nationwide. Qdoba Restaurant, Inc. (720-898-2300), through a franchisee, plans to open between four to six Qdoba Mexican Grill restaurants in Tarrant County, TX this year, as part of a plan to open 40 restaurants throughout the Dallas/Ft. Worth, TX area within the next three to five years. Planned openings may include restaurants in Arlington, Burleson and Ft. Worth, TX. The company currently operates 500 locations throughout 44 states nationwide. Mrs. Fields Famous Brands, LLC (801-7365600), through franchisee CT Business Group, will open 30 Mrs. Fields and TCBY locations throughout HI and WA within the next five years. The Mrs. Fields openings will be the company’s first in HI.
Hannaford Bros. Co. (207-883-2911) plans to open a 40,500 sq.ft. Hannaford supermarket at Tops Plaza, located off Route 86 in Lake Placid, NY. The supermarket is slated to open during spring 2011, and will also feature a pharmacy department. The company currently operates 174 supermarkets, including 46 in the state. Cotton On (+61-3-5277-7000) plans to open apparel stores throughout the U.S. during the next several years. The company recently entered the U.S. market with stores in Los Angeles, National City, San Diego, Santa Ana, Santa Monica and Torrance, CA, and currently operates 660 locations nationwide and internationally, including seven stores in the U.S. The company is also scouting locations in AZ and FL. Nordstrom, Inc. (206-628-2111) plans to open a Nordstrom Rack at Brentwood Square, located in St. Louis, MO, during September as part of a plan to open three Nordstrom stores and 16 Nordstrom Rack locations this year. The store will occupy a 34,000 sq.ft. space at Brentwood Square and will offer apparel and merchandise originally offered at Nordstrom stores but at prices 50% D M to 60% below retail.
Exclusives and Leasing Assignments McCollom Realty, Ltd. (708-383-6450) has been named the exclusive leasing and management agent for six strip centers located in Chrisman, Gibson City and Heyworth, IL and Farmersburg, Kentland and Sullivan, IN. Tenants at the centers include Dollar General and Movie Gallery. The company has also been named retail leasing agent for a divisible 3,750 sq.ft. space in Oak Lawn, IL, and for a divisible 6,036 sq.ft. space in St. John, IN. The company has also been named sales agent for an 1,800 sq.ft. former Long John Silver’s location in Calumet City, IL; a 12,093 sq.ft. former Walgreens site located at the intersection of 87th Street and California Avenue in Chicago, IL; a 12,650 sq.ft. former Walgreens site located in Gary, IN and a 10,056 sq.ft. strip center in St. John, IN. Winick Realty Group (212-792-2600) has been named the exclusive leasing agent for three retail spaces on behalf of Great Atlantic and Pacific Tea Co. The sites are located along Eastchester Road in Bronx, NY; along 10th Avenue in Queens, NY and along Northern Boulevard in Long Island City, NY. page 6
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Investment Management Associates, Inc. (305-661-0100) represents Garlic Jim’s Gourmet Pizza with the chain’s expansion throughout Broward, Miami-Dade and Palm Beach counties in FL. The gourmet pizzerias, offering delivery and takeout, are seeking sites of 1,000 sq.ft. to 1,500 sq.ft. The company also represents Confucio Express with the chain’s expansion throughout southeastern FL. The Chinese restaurants utilize spaces from 1,000 sq.ft. to 2,000 sq.ft. in freestanding locations and strip centers. Typical leases run five years, and plans call for six to 10 openings during the coming 18 months. Atlantic Retail Properties (561-427-6699) has been named the exclusive leasing agent, on behalf of Kimco Realty Corp., for Cross County Plaza, a 357,537 sq.ft. regional shopping center located at the intersection of Okeechobee Boulevard and Military Trail in West Palm Beach, FL. Kmart, Winn-Dixie, Ross Dress for Less, David’s Bridal and Party City anchor the center. Tenants include Empire Beauty School and Palm Beach Dental.
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RMC Property Group (813-960-8154) has been named the leasing agent for Marina Village, a 61,552 sq.ft. center located at the intersection of 50th Avenue South and U.S. Highway 19 in St. Petersburg, FL. Gold’s Gym and Mattress Giant anchor the center. The Rotella Group, Inc. (954-568-9015) represents Meineke Car Care Centers with the chain’s expansion throughout MiamiDade County and southern Broward County in FL. The automotive service centers occupy freestanding buildings of 3,000 sq.ft. to 4,000 sq.ft. situated on a land area of 20,000 sq.ft. to 35,000 sq.ft. Preferred locations offer strong visibility and traffic counts, with adequate signage. The company also represents Raina’s Furntiure, Inc. with the chain’s expansion throughout southeastern FL. The furniture stores utilize spaces of 30,000 sq.ft. to 60,000 sq.ft. in freestanding locations and community and neighborhood shopping centers. The company is only seeking one-year leases in sites with high visibility and population density, featuring strong traffic counts. DM
Real Estate Professionals Making the News
Lease Signings The Goldstein Group (201-703-9700) negotiated the following leases throughout Paramus, NJ: with Apple for 4,400 sq.ft. along Route 17; with T-Mobile for 2,500 sq.ft. along Route 4; with Fortunoff Backyard Store for 18,500 sq.ft. along Route 17; with Lazurit Furniture for 5,400 sq.ft. along Route 17; with Gautier Furniture for 4,300 sq.ft. along Route 4; with Medi Weight Loss Centers for 2,100 sq.ft. along Route 4; with Harrows for 17,700 sq.ft. along Route 17; with Bokara Furniture for 13,000 sq.ft. along Route 17; with Bounce U for 11,000 sq.ft. along Eisenhower Drive and with Hackensack Supply for 25,000 sq.ft. along Route 17.
Metro Commercial Real Estate, Inc. (856866-1900) negotiated a lease with Hobby Lobby Stores, Inc. for a 51,320 sq.ft. Hobby Lobby at Lebanon Valley Mall in Lebanon, PA. The company represented the tenant in the transaction. The company also negotiated a lease with Old Navy for 17,757 sq.ft. along Moreland Road in Willow Grove, PA. The company represented the tenant in the transaction.
CASTO (888-400-0878) signed a 10-year lease with Party City for 11,250 sq.ft. at Tri-County Marketplace, located at the intersection of Interstate 275 and Prince Pike in Cincinnati, OH. The tenant joins PetSmart and Tree House Kids at the center. The company also signed a 10-year lease with Salon Concepts for 4,600 sq.ft. at Kings Mall, located at the intersection of Interstate 71 and Fields Ertel Road in Cincinnati, OH.
Signature Associates (248-948-9000) negotiated the following leases with Lady Jane’s Haircuts: for 1,175 sq.ft. along East Dundee in Palatine, IL; for 1,224 sq.ft. along West Ridge in Greece, NY and for 1,365 sq.ft. along Sheridan Drive in Williamsville, NY. The company also negotiated the following leases: with Mills Pharmacy and Apothecary, LLC for 5,100 sq.ft. along West Maple in Birmingham, MI; with Quality Fresh Cigars for 5,801 sq.ft. and with Dollar Castle for 14,425 sq.ft. along Schoenherr Road in Sterling Heights, MI.
Centro Properties Group (212-869-3000) signed a lease with European Wax Center for 1,600 sq.ft. at Baybrook Gateway, located at the intersection of Interstate 45/Gulf Freeway/Highway 75 and West Bay Area Boulevard in Webster, TX. The company also signed a lease with Yum Yums Deli for 2,486 sq.ft. at Farmington Crossroads, located at the intersection of West Nine Mile Road and Farmington Road in Farmington, MI. The company also signed a lease with Fuzzy’s Taco Shop for 3,208 sq.ft. at Ridglea Plaza, located at the intersection of Camp Bowie Boulevard/Route 377 and Bernie Anderson Avenue in Ft. Worth, TX. R.J. Brunelli & Co., Inc. (732-721-5800) negotiated leases with Muscle Maker Grill for 1,100 sq.ft. at the intersection of Ocean Avenue in Long Branch, NJ and for 1,500 sq.ft. at Bayonne Crossing, located along Route 440 and East 22nd Street in Bayonne, NJ. The tenant joins Walmart, Lowe’s Home Improvement, New York Sports Club, Sally Beauty Supply and Sonic Drive-In at the center. The company represented the tenant in the transaction. Cassidy Turley BRE Commercial (858-6255244) negotiated a lease with Bacio Boutique for 1,390 sq.ft. along Carlsbad Village Drive in Carlsbad, CA. The company represented the landlord in the transaction. The company also negotiated a lease with Santana Mexican Grill for 1,800 sq.ft. along West Main Street in El Cajon, CA. The company represented both the landlord and tenant in the transaction.
Renaud Consulting (703-404-2346) negotiated a lease with Sherwin-Williams for 3,200 sq.ft. at North Village Shopping Center, located in Hagerstown, MD.
Charter Realty & Development Corp. (203227-2922) signed a lease with Beiter’s Home Center for 81,000 sq.ft. at The East End Shopping Center, located along Route 309 in Wilkes-Barre, PA. The tenant joins Big Lots and Dollar Tree at the center. Kalis Development Corp. (703-2378495) negotiated a lease renewal with Virginia Commerce Bank for 1,781 sq.ft. at Williamsburg Shopping Center, located in Arlington, VA. The company represented the tenant and The Rappaport Cos. represented the landlord in the transaction. SRS Real Estate Partners (949-698-1100) negotiated a lease with Dick’s Sporting Goods for 37,500 sq.ft. in Bakersfield, CA. UCR Realty (210-979-9700) negotiated leases with Baskin Robbins, Great Clips, La Vie Gourmet Café and Venus Women’s Fitness at Alon Town Centre, located along northwestern Military Highway in San Antonia, TX. Divaris Real Estate, Inc. (757-497-2113) signed a lease Harbor Freight Tools for 12,000 sq.ft. along Highway 17 South in North Myrtle Beach, SC. The company represented the landlord in the D M transaction. www.dealmakers.net
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Hanley Investment Group (949-585-7672) hired Patrick G. Kent as a senior vice president. Prior to joining the company, Kent served as a director with Faris Lee Investments. The company is a boutique retail investment brokerage firm with a transaction portfolio totaling more than $2 billion. Land Solutions, Inc. (239-489-4066) hired Sharail Cluck as vice president of land services. She will be responsible for feasibility, permit compliance, development management, ongoing asset management, zoning and permitting. Prior to joining the company, Cluck served at Beazer Homes and DR Horton Homes as development, project and acquisition manager. Hall Financial Group (972-377-1100) hired Kim Butler. Butler will serve as head of the company’s leasing operations. Prior to joining the company, she served at Transwestern. Henry S. Miller Brokerage (972-419-4000) recently formed its Northwest Houston Brokerage Division. The division will provide commercial retail brokerage services as well as property management, and currently manages and leases a two-million sq.ft. portfolio of commercial and multifamily properties. The company appointed Shawn Ackerman as active division head over commercial retail leasing and sales for the new division. Peter P. Bollinger Investment Co. / InterCal Real Estate (916-489-4600) hired Deron Conway as director of leasing for the company’s 12 retail centers. He has previous experience in landlord representation and the retail REIT sector. Weichert Commercial Brokerage (973267-7778) hired Michael Shelton as vice president at the company’s Lehigh Valley, PA office. He has previous experience working in commercial real estate throughout the Lehigh Valley and Poconos regions of northeastern PA, where he specialized in the sale and leasing of retail, industrial, land and office properties, as well as tenant representation. The company is a commercial brokerage firm with offices throughout NJ and PA. Grubb & Ellis Co (858-875-3600) hired Paul O’Boyle as senior vice president, investment group. He will focus on investment sales and court-appointed receivership assignments. Previously, O’Boyle worked at Commercial Realty Advisors, Inc. The company is a commercial real estate and investment firm. DM
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Supermarket Chains Expand Nationwide (continued from page one)
Bag N Save, Inc. trades as Bag N Save at 12 locations throughout NE. The supermarkets, offering bakery, floral, meat and produce departments as well as health, beauty and seasonal items and also featuring a pharmacy, occupy spaces of 30,000 sq.ft. to 60,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. For more information, contact Helene Shrago, Bag N Save, Inc., 4347 South 96th Street, Omaha, NE 68127; Web site: www.bagnsave.net. Bexar County Markets, Inc. trades as Handy Andy and Diamond Markets, Ltd. trades as City Markets at 11 locations throughout TX. The supermarkets occupy spaces of 20,000 sq.ft. to 50,000 sq.ft. in downtown areas and strip centers. Growth opportunities are sought throughout central TX during the coming 18 months. For more information, contact Terry Warren, Bexar County Markets, Inc., 1500 South Zarzamora Street, Suite 512, San Antonio, TX 78207; 210-227-8755, Fax 210223-4976.
Sources of Financing
Aldi, Inc. trades as Aldi at 1,000 locations nationwide throughout 29 states. The discount supermarkets occupy spaces of 15,000 sq.ft. to 16,500 sq.ft. in freestanding locations. Growth opportunities are sought throughout NC, SC and southern VA during the coming 18 months. For more information, contact Todd Bonnett, Aldi, Inc., 1985 Old Union Church, Salisbury, NC 28146; 704-642-0023 Ext. 122; Web site: www.aldi.com.
Mortgagemint, LLC provides financing for the refinancing and acquisition of malls and strip centers. Notes are available in amounts ranging from $500,000 to $50 million featuring a five-year term with interest rates starting at 5% and a 30-year amortization schedule. The company also offers hardmoney programs. For more information, contact Mortgagemint, LLC; 561-433-1679, Fax 561433-1569; Email: mortgagemint123@aol.com.
Autry Greer & Sons, Inc. trades as Greers at 29 locations throughout AL, FL and MS. The supermarkets occupy spaces of 12,000 sq.ft. to 28,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. For more information, contact Barton Greer, Autry Greer & Sons, Inc., 2850 West Main Street, Prichard, AL 36612; 251457-8655, Fax 251-456-3744; Web site: D M www.greers.com.
Marabella Commercial Finance provides financing for Walgreens properties. Notes are available at fixed rates ranging from 5% to 6.75% for terms of five and ten years, with maximum loan-to-value ratios between 65% and 70%. For more information, contact Christian S. Marabella, Marabella Commercial Finance, 7500 Circulo Sequoia, Carlsbad, CA 92009; 760-479-0800, Fax 760-479-0215; Email: nnn@marabellafinance.com; Web site: D www.marabellafinance.com. M
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Food Retailers Expand Nationwide Cornett Hospitality, LLC trades as Hooters at nine locations throughout PA, VA and WV. The restaurants occupy spaces of 4,000 sq.ft. to 6,000 sq.ft. in freestanding locations and endcaps of shopping centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 10 years with four, fiveyear options. A vanilla shell or build-to-suit is required. Preferred demographics include a population of 150,000 within 10 miles earning $35,000 as the average household income. Major competitors include T.G.I. Friday’s, Chili’s, Buffalo Wild Wings, Applebee’s and Quaker Steak ‘N Lube. The company prefers to locate near chain hotels. The company also trades as Topeka’s Steakhouse ‘N Saloon at three locations throughout VA. The restaurants occupy spaces of 6,500 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing market during the coming 18 months. Preferred demographics include a population of 150,000 within 10 miles earning $50,000 as the average household income. The company prefers to locate near universities and government office buildings. For more information regarding Hooters, contact Jim Cornett or Phil Cornett, Cornett Hospitality, LLC, PO Box 6887, Richmond, VA 23230; 804-678-9000 or 717-691-5333, Fax804-678-9001;Emails:jimcornett3@aol.com and pcornett@cmchq.com. For more information regarding Topeka’s Steakhouse ‘N Saloon, contact Phil Cornett. Grill Concepts, Inc. trades as Daily Grill and The Grill on the Alley at 32 locations throughout CA, FL, IL, MA, MD, OK, OR, TX, VA, WA and Washington, DC. The restaurants, offering breakfast, lunch and dinner, occupy spaces of 5,000 sq.ft. to 8,000 sq.ft. in freestanding locations, malls, hotels, office buildings and mixed-use and specialty centers. Growth opportunities are sought throughout major metropolitan areas within the existing markets during the coming 18 months. Typical leases run 15 years with options. Specific improvements are required. For more information, contact Robert Chais, Grill Concepts, Inc., PO Box 2546, El Segundo, CA 90245; 310-726-1139, Fax 310-726-1140; Email: robertchais@aol.com; Web site: www.dailygrill.com. Ben & Jerry’s Franchising, Inc. trades as Ben & Jerry’s Ice Cream at 800 locations nationwide and internationally. The stores, some of which are seasonal, offer ice cream, frozen yogurt, sorbet and other dessert items and occupy spaces of 150 sq.ft. to 1,200 sq.ft. in urban/downtown areas and entertainment, lifestyle and tourist centers.
Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 10 years with options. A vanilla shell is preferred. For more information, contact Eric Thomas, Ben & Jerry’s Franchising, Inc., 30 Community Drive, South Burlington, VT 05403; 802-846-1500, Fax 802-846-1538; Email: real.estate@benjerry.com; Web site: www.benjerry.com.
Walmart. Preferred demographics include a population of 35,000 within one mile earning $50,000 as the average household income. For more information, contact Erwin Reid, Chick-fil-A, Inc., 5200 Buffington Road, Atlanta, GA 30349-2998; 404-765-8000, Fax 404-765-8941; Email: erwin.reid@chick-fil-a.com; Web site: www.chick-fil-a.com.
Carrols Corp. trades as Burger King at 309 locations throughout IN, KY, MA, ME, MI, NC, NJ, NY, OH, PA, SC and VT; as Taco Cabana at 161 locations throughout AZ, NM, OK and TX, and as Pollo Tropical at 94 locations throughout CT, FL, NJ and NY. The restaurants occupy spaces of 3,000 sq.ft. in freestanding locations, malls and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months, as well as throughout MD and VA for the Pollo Tropical concept, during 2011. Typical leases run 20 years. A land area of one acre is required for freestanding locations. For more information, contact Rick Cross, Carrols Corp., 968 James Street, Syracuse, NY 13217, 315-424-0513 Ext. 2295, Fax 315-475-9616; Web site: www.carrols.com.
Schiano’s Enterprises, Inc. trades as Schiano’s Italian Restaurant at 17 locations throughout NC, NJ, NY and SC. The Italian restaurants occupy spaces of 600 sq.ft. to 2,400 sq.ft. in freestanding locations, malls and strip centers. Growth opportunities are sought throughout NC and SC during the coming 18 months. Typical leases run five to 10 years with options. For more information, contact Frank Schiano, Schiano’s Enterprises, Inc., 7201 Two Notch Road, Columbia, SC 29223; 803788-8100.
Pizza Patron Restaurants operates 100 locations throughout AZ, CA, CO, FL, GA, NV and TX. The pizzerias occupy spaces of 800 sq.ft. to 1,500 sq.ft. in endcaps of community shopping centers with a drive-thru. Plans call for 30 to 35 openings throughout the existing markets during the coming 18 months, with representation by RTS Real Estate Services, LLC. The company prefers to locate in urban and suburban areas. Preferred cotenants include grocery and video stores. Preferred demographics include a population of 60,000 within three miles earning $40,000 to $55,000 as the average household income. Expansion is franchise-driven. For more information, contact Marsha Schneider, RTS Real Estate Services, LLC, 6370 LBJ Freeway, Suite 170, Dallas, TX 75240; 972-698-7900, Fax 972-6619048; Email: marsha@rtsrealestate.com; Web sites: www.pizzapatron.com and www.rtsrealestate.com. Chick-fil-A, Inc. trades as Chick-fil-A at 1,400 locations nationwide throughout 37 states. The restaurants occupy spaces of 4,000 sq.ft. in freestanding locations, regional malls and power and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 10 years with four, five-year options. Preferred cotenants include Home Depot, Lowe’s Home Improvement, Target and www.dealmakers.net
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OhCal Foods, LLC trades as Subway at 586 locations throughout Los Angeles County, CA. The sandwich shops occupy spaces of 800 sq.ft. to 1,200 sq.ft. in freestanding locations, urban/downtown areas and entertainment, lifestyle, power, specialty 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. A vanilla shell is preferred. Major competitors include Quiznos, Blimpie, Jersey Mike’s and Togo’s Pizza. The company prefers to locate in endcaps of shopping centers. For more information, contact Carol Jimenez, Ohcal Foods, LLC, 20501 Ventura Boulevard, Suite 375, Woodland Hills, CA 91364; 818-715-9400 Ext. 203, Fax 818715-9594; Email: cjimenez@ohcal.com; Web site: www.subway.com. 16 Handles operates three locations throughout MD, NJ and Manhattan, NY. The stores, offering 16 flavors of nonfat, Kosher-certified frozen yogurt, occupy spaces of 1,000 sq.ft. to 1,500 sq.ft. in urban areas and inline spaces of shopping centers. Growth opportunities are sought throughout Manhattan, NY, with a focus on the Chelsea, Soho and Upper East and Upper West Side areas, during the coming 18 months, with representation by BCD. Typical leases run 10 years. A minimum of 18 feet of frontage is required. For more information, contact Alexandra Turboff or Barry Williams, BCD, 115 East 23rd Street, 212-260-5210 Ext. 16/13; Emails: aturboff@bcdmail.com and bwilliams@bcdmail.com. DM
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Lead Sheet Bijoux Bellagio Edward Goldmeier, Matthew Cooper or Glenn Ulick c/o Grubb & Ellis Co. 20 South Charles Street, Suite 902 Baltimore, MD 21201 410-625-4202 Emails: edward.goldmeier@grubb-ellis.com, matthew.cooper@grubb-ellis.com and glenn.ulick@grubb-ellis.com Web site: www.grubb-ellis.com
Accessories The six-unit chain operates locations throughout FL, MA, MD, NC and PA. The stores, offering women’s accessories, occupy spaces of 600 sq.ft. to 1,000 sq.ft. in tourist centers. Growth opportunities are sought nationwide during the coming 18 months, with representation by Grubb & Ellis Co. The company prefers sites with strong foot and vehicle traffic counts.
De Janeiro Stores, Inc. dba De Janeiro Arthur Djamil 420 Lexington Avenue New York, NY 10170 212-983-8933, Fax 212-344-5613
Apparel The seven-unit chain operates locations throughout NY. The women’s apparel stores occupy spaces of 2,500 sq.ft. to 3,500 sq.ft. in urban/downtown areas. Plans call for three openings throughout New York, NY during the coming 18 months.
Kaye-Louis Shops Hank Dvoor 2200 Glades Road Boca Raton, FL 33431 561-750-5155, Fax 561-750-1945
Apparel The retailer operates one location in FL. The company, offering women’s apparel and accessories, prefers to occupy spaces of 2,500 sq.ft. to 3,500 sq.ft. in malls and strip centers. Growth opportunities are sought throughout southern FL during the coming 18 months. The company prefers to locate in affluent areas.
K-Momo, Inc. dba K-Momo Kenneth Seo 2301 Indian School Road Phoenix, AZ 85015 602-484-9722, Fax 602-484-9792
Apparel The 12-unit chain operates locations throughout AZ and CO. The stores, offering urban apparel for men and women, occupy spaces of 10,000 sq.ft. to 11,000 sq.ft. in malls and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months.
Marty’s and City Gear Ron Devine c/o Results Realty, LLC 5803 Lee Highway, Suite 103 Chattanooga, TN 37421 423-280-5785 Email: resultsrealtyre@comcast.net
Apparel The 60-unit chain operates locations throughout AR, FL, GA, KY, LA, MS and TN. Marty’s, offering men’s apparel, occupies spaces of 4,000 sq.ft. to 5,000 sq.ft. and City Gear, offering young men and women’s apparel, occupies spaces of 3,500 sq.ft. to 4,500 sq.ft. Growth opportunities are sought throughout AL, AR, FL, GA, LA, MS and TN during the coming 18 months, with representation by Results Realty, LLC. Typical leases run five years.
Slinky, Inc. dba Slinky Tara Gordon 843 East Westfield Boulevard Indianapolis, IN 46220 317-403-0252 Email: slinkyfashions@hotmail.com
Apparel The company operates one location in IN. The concept, offering trendy and affordable apparel and accessories, prefers to occupy spaces of 800 sq.ft. to 1,500 sq.ft. in entertainment, specialty and tourist centers, in addition to urban/downtown areas. Growth opportunities are sought throughout the existing market, as well as AZ, FL and TX during the coming 18 months. The company prefers to locate on college campuses or near tourist areas. Major competitors include Buckle, Charlotte Russe and Forever 21.
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Lead Sheet A & A Auto Parts, Inc. / Keystone Automotive dba A & A Auto Parts Charles Simmons 44 Tunkhannock Avenue Exeter, PA 18643 570-602-6726
Automotive The 20-unit chain operates locations throughout PA. The automotive parts and supply centers occupy spaces of 8,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run five years. Preferred demographics include a population of 300,000 within 10 miles earning $45,000 as the average household income.
Al & Ed’s Autosound Barry Hodis 6855 Hayvenhurst Avenue Van Nuys, CA 91406 818-908-5700, Fax 818-908-5741 Email: bhodis@al-eds.com Web site: al-eds.com
Automotive The 21-unit chain operates locations throughout southern CA. The stores, offering automotive electronics, occupy spaces of 2,000 sq.ft. to 3,500 sq.ft. in freestanding locations, malls and entertainment, power, outlet and strip centers, as well as downtown areas. Growth opportunities are sought throughout the existing market during the coming 18 months.
Johnston Autostores dba Johnston Automotive, Motor Supply Co., Greenberg Auto Supply, Iowa Auto Supply, Interstate Auto Supply, Carroll Auto Supply, Sheldon Auto Supply, Worthington Auto Supply, River City Auto Supply, Central Auto Supply and Jas Warehouse Mark Lykke 500 37th Avenue West Spencer, IA 51301 712-262-2605, Fax 712-262-1686 Email: info@johnstonauto.com Web site: www.johnstonauto.com
Automotive The 12-unit chain operates locations throughout IA and MN. The automotive service centers occupy spaces of 5,500 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months.
Erwin Distributing Co., Inc. dba Card & Party Factory and Wally’s Party Factory Walter Erwin or Wilson Erwin P.O. Box 1419 Ennis, TX 75120 972-875-6971, Fax 972-875-6977
Cards The 31-unit chain operates locations throughout OK and TX. The card shops occupy spaces of 8,000 sq.ft. to 16,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets, as well as LA, during the coming 18 months.
Brenco Marketing dba Zip-N-Food Stores Kenneth Broach PO Box 3819 Bryan, TX 77805 979-260-3835 Ext. 27, Fax 979-691-8588
Convenience The eight-unit chain operates locations throughout TX. The convenience stores, with gasoline facilities, occupy spaces of 5,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing market during the coming 18 months. Expansion is licensedriven.
Hobo Pantry Food Stores Andy Shirley 5744 East U.S. Highway 84 Cowarts, AL 36321 334-793-1544, Fax 334-793-5357
Convenience The 21-unit chain operates locations throughout AL. The convenience stores occupy spaces of 2,500 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing market during the coming 18 months. Preferred demographics include a population of 50,000 within seven miles.
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Lead Sheet Martin & Bayley, Inc. dba Huck’s Convenience Stores Jim Whetstone P.O. Box 385 / 928 County Road 1350 N Carmi, IL 62821 618-382-2334, Fax 618-382-8956
Convenience The 105-unit chain operates locations throughout IL, IN, KY, MO and TN. The convenience stores, with gasoline facilities, occupy spaces of 4,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months.
Fairway Sales Co. dba Fairway Discount Store Paul Harmon 1071 West Saginaw Road Vassar, MI 48768 989-823-2222, Fax 989-823-7161
Discount The nine-unit chain operates locations throughout MI. The discount stores occupy spaces of 6,000 sq.ft. to 8,000 sq.ft. in urban/downtown areas. Growth opportunities are sought throughout the existing market during the coming 18 months.
Walgreens Jeff Reenders or Nelson Wheeler c/o Strategic Retail Advisors 3990 Westerly Place, Suite 230 Newport Beach, CA 92660 949-640-6678, Fax 949-748-8088 Emails: jeff@strategicretailadvisor.com and nelson@strategicretailadvisor.com Web site: www.strategicretailadvisor.com
Drug Store The 7,507-unit chain operates locations nationwide and throughout Puerto Rico. The drug stores occupy spaces of 14,500 sq.ft. in freestanding locations. Growth opportunities are sought throughout Riverside, CA during the coming 18 months, with representation by Strategic Retail Advisors.
The Zone Entertainment Dale Clark c/o Nexus Realty Corp. 285 17th Street, Suite 22 West Vancouver, Canada, V7V 3S6 604-922-3353, Fax 604-922-6893 Email: daleclark@nexusrealtypartners.com
Entertainment The two-unit chain operates locations throughout Canada. The entertainment centers, featuring a bowling alley and a pub, occupy spaces of 30,000 sq.ft. to 60,000 sq.ft. in freestanding locations, lifestyle centers and malls. Growth opportunities are sought throughout the western U.S. during the coming 18 months, with representation by Nexus Realty Corp. Typical leases run 10 years. The company will consider acquiring sites.
PNC Bank Bill Dickinson c/o Rappaport Retail Brokers 8405 Greensboro Drive, Suite 830 McLean, VA 22102-5121 703-310-6983, Fax 571-382-1210 Email: bdickinson@rappaportco.com Web site: www.rappaportco.com
Finance The 2,500-unit financial institution operates locations nationwide. The banks occupy spaces of 4,000 sq.ft. to 5,000 sq.ft. in inline spaces and pad sites of shopping centers. Growth opportunities are sought throughout MD, VA and Washington, DC during the coming 18 months, with representation by Rappaport Retail Brokers.
JC Sales Kelvin Chen c/o ReMax 2000 Realty 17843 Colima Road Rowland Heights, CA 91748 626-826-8886, Fax 626-810-1777 Email: kelvinchen88@yahoo.com
General Merchandise The two-unit chain operates locations throughout CA. The general merchandise stores occupy spaces of 10,000 sq.ft. to 15,000 sq.ft. in freestanding locations and inline spaces of shopping centers. Growth opportunities are sought throughout the existing market during the coming 18 months, with representation by ReMax 2000 Realty.
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Lead Sheet Shoe Avenue Bill Buffington c/o Trans-Continental Development Group, LLC 501 East Kennedy Boulevard Tampa, FL 33602 813-363-1009, Fax 813-973-8548
Shoes The three-unit chain operates locations throughout FL. The stores, offering footwear and accessories, occupy spaces of 12,000 sq.ft. to 17,000 sq.ft. in freestanding locations and power and strip centers. Growth opportunities are sought along the western coast of FL during the coming 18 months, with representation by Trans-Continental Development Group, LLC. Typical leases run five years. Tenant improvements are required. Preferred cotenants include Ross Dress for Less, Marshalls, Publix and T.J. Maxx. Preferred demographics include a population of 47,000 within 3.5 miles earning $40,000 as the average household income. Major competitors include Shoe Carnival and Shoe Show.
Frame Central John Zunick c/o Cascade Commercial Properties, LLC 11-105th Avenue SE, Suite 8 Bellevue, WA 98004 425-452-9292, Fax 425-452-0808 Email: johnz@cascadecommercial.com Web site: www.cascadecommercial.com
Specialty The eight-unit chain operates locations throughout OR and WA. The picture frame shops occupy spaces of 3,000 sq.ft. to 3,200 sq.ft. in freestanding locations and endcaps of strip and neighborhood shopping centers. Growth opportunities are sough throughout WA during the coming 18 months, with representation by Cascade Commercial Properties, LLC. Typical leases run five years.
Lumber Liquidators Asif Hussain c/o The Greenberg Group 1200 West Broadway Hewlett, NY 11557 516-295-0406, Fax 516-374-0999 Email: asif@thegreenberggroup.com Web site: www.thegreenberggroup.com
Specialty The 200-unit chain operates locations nationwide. The flooring centers occupy spaces of 4,000 sq.ft. to 6,000 sq.ft. in warehouses and flex spaces. Plans call for 40 to 50 openings throughout the existing market during 2010, with representation by The Greenberg Group. Preferred demographics include a trade-area population above 150,000.
Kocolene Marketing, LLC dba Smokers Host Bob Myers PO Box 448 Seymour, IN 47274-0448 812-522-2224, Fax 812-522-6264
Specialty The 20-unit chain operates locations throughout IN. The stores, offering discount tobacco products, occupy spaces of 1,200 sq.ft. to 2,000 sq.ft. in freestanding locations and strip centers. Plans call for three openings throughout the existing market during the coming 18 months. Typical leases run one year. Preferred cotenants include Dollar General, Cash Advance, pawn shops, pizzerias and liquor stores. A vanilla shell is required.
Omaha Steaks Toma Ovici 11030 O Street Omaha, NE 68137 402-597-3000, Fax 402-597-8185 Web site: www.omahasteaks.com
Specialty The 80-unit chain operates locations throughout AZ, CT, FL, GA, IL, KS, KY, MD, MI, NC, NE, NJ, NY, OH, PA, TN, TX and VA. The stores, offering steaks and gourmet foods, occupy spaces of 1,200 sq.ft. in malls and lifestyle, mixed-use and power centers. Growth opportunities are sought throughout the existing markets during the coming 18 months.
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 14
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Carmichael – Madison Plaza, a 210,306 sq.ft. center situated on 18.5 acres at the intersection of Madison Avenue and Manzanita Avenue, has spaces available from 1,245 sq.ft. to 6,857 sq.ft. Home Depot and The Sports Authority anchor the center. Cotenants include Garcia’s Restaurant and Cash 1. Area demographics include a population of 373,069 within five miles earning $70,509 as the average household income. Chico – Chico Crossroads, a 264,680 sq.ft. center situated on 20.76 acres at the intersection of Dr. Martin Luther King Jr. Parkway and 20th Street, has spaces available of 1,200 sq.ft.; 1,500 sq.ft.; 2,400 sq.ft.; 3,581 sq.ft. and 23,014 sq.ft. Food Maxx Supermarket and Ashley Home Furnishings anchor the center. Cotenants include Petco, Hometown Buffet, Golf Etc., Barnes & Noble, Starbucks, Wells Fargo, H&R Block, Cut-4-U, Office Depot, Bed Bath & Beyond, Cost Plus World Market and Play It Again Sports. Area demographics include a population of 98,342 within five miles earning $61,449 as the average household income. Colma – 280 Metro Center, a 213,532 sq.ft. center situated on 6.41 acres at the intersection of Interstate 280/Junipero Serra Boulevard and Colma Boulevard, has spaces available of 2,400 sq.ft.; 12,046 sq.ft. and 13,660 sq.ft. Bed Bath & Beyond, Nordstrom Rack and Marshalls anchor the center. Cotenants include Honey Baked Ham, SAS Shoes, PCS Smartmart, Quiznos, GNC, Anna’s Linens, FedEx Office, Jennifer Convertibles, Maly’s, GameStop, Shoe Depot, Avenue, Manila Eatery, Men’s Wearhouse, T-Mobile, Styles For Less, Lenscrafters, Old Navy, Bath & Body Works, David’s Bridal, Burger King and Pier 1 Imports. Area retail includes JoAnn Fabrics, Home Depot and Best Buy. Area demographics include a population of 451,083 within five miles earning $90,281 as the average household income. Fresno – Victorian Walk, a 102,581 sq.ft. center situated on 9.9 acres at the intersection of Highway 3/West Shields Avenue and North Brawley Avenue, has spaces available from 975 sq.ft. to 35,724 sq.ft. Rite Aid anchors the center and cotenants include Dollar Tree, Urban Hair Cuts and Round Table Pizza. Area retail includes McDonald’s. Area demographics include a population of 231,424 within five miles earning $62,046 as the average household income. For details regarding the Carmichael property, contact Armand Vasquez, Kimco Realty, 6861 Douglas Boulevard, Granite Bay, CA 95746; 916-580-2534; Email: avasquez@kimcorealty.com. For
details regarding the Chico property, contact John Welter; 916-580-2526; Email: jwelter@kimcorealty.com. For details regarding the Fresno property, contact Rick Turner; 916-580-2541; Email: rturner@kimcorealty.com. For details regarding the Colma property, contact Nicole Hauscarriague, 75 Southgate Avenue, Daly City, CA 94015; 650-301-3022; Email: nhaus@kimcorealty.com.
Cacciatori’s Restaurant anchor the center. Cotenants include Pamela’s Gourmet, Peter Angelos Salon and Spa, La Petite Salon and Spa, NV Boutique – Apparel + Accessories, Euro Market Fine Foods, Anemoni Jewelry, Anytime Fitness, Creations Gallery, Hockessin Dance, Eclipse Tanning, Sherri Ciancutti Photography, How Do You Brew?, Dunkin’ Donuts, Citizens Bank and White Clay Outfitters. Area retail includes Bank of America and Walgreens. Area demographics include a population of 350,000 within 10 miles earning $50,000 as the average household income. The average daily traffic count is 20,000 vehicles. For details, contact Lou Ramunno, Lenape Properties Management, 903 North French Street, Wilmington, DE 19801; 302-426-0200, Fax 302-426-9379; Email: ramunnol@aol.com; Web site: www.shopsatlouviers.com.
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Sacramento – A 5,467 sq.ft. strip center located at the intersection of 65th Street and Broadway has a divisible space of 2,437 sq.ft. available. Cotenants include Starbucks and Wingstop. Area retail includes a future Target. Area demographics include a population of 1.019 million within 10 miles earning $51,509 as the median household income. The average daily traffic count is 58,000 vehicles. The asking monthly rent ranges from $2.10 psf to $2.25 psf with CAM and taxes of $0.50 psf. Also, an 1,800 sq.ft. freestanding restaurant building situated on a land area of 5,400 sq.ft. at the intersection of Broadway, Alhambra Street and Y Street is available. Area demographics include a population of 939,837 within 10 miles earning $63,142 as the median household income. The average daily traffic count is 28,000 vehicles. The asking monthly rent is $2,700 with CAM and taxes of $0.45 psf. Also, Calvine Corners II, an 11,820 sq.ft. strip center situated on 3.8 acres at the intersection of Elk Grove Florin Road and Robbins Road, has a 778 sq.ft. space available. Little Caesar’s, El Meson Mexican Restaurant and KFC/A&W anchor the center. Area retail includes Quiznos, Unique Salon, Blockbuster Video, Starbucks, H&R Block and The UPS Store. Area demographics include a population of 668,475 within 10 miles earning $71,336 as the average household income. The average daily traffic count is 34,688 vehicles. For details, contact Bob Rosenberg, Inve$tnet, Inc., 2020 Hurley Way, Suite 220, Sacramento, CA 95825; 916-929-6310, Fax 916-929-6391; Email: bobr@investNNN.com; Web site: www.investnnn.com.
Delaware Newark – Shops at Louviers, a 60,000 sq.ft. specialty strip center situated on 17 acres at the intersection of Papermill Road and Possum Park Road, has spaces available of 1,665 sq.ft.; 3,300 sq.ft. and 6,000 sq.ft., along with a seven-acre outlot. Deerfield Fine Wines, Pinang Sushi Restaurant, Blackstones Restaurant and Bar and
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Florida Coral Springs – Maplewood Plaza, an 86,342 sq.ft. strip center located at the intersection of North University Drive and Ramblewood Drive, has a 4,092 sq.ft. space available. T.J. Maxx, Anna’s Linens and Party Supermarket anchor the center. Cotenants include Avenue, CitiFinancial, Hair Cuttery and Dunkin’ Donuts. Area demographics include a population of 356,061 within five miles earning $75,032 as the average household income. The average daily traffic count is 49,000 vehicles. The asking rent is $18 psf with CAM of $2.62 psf and taxes of $3.18 psf. Also, Coral Springs Promenade, a 55,597 sq.ft. power center located at the intersection of University Drive and West Atlantic Boulevard, has a 2,019 sq.ft. space available. Big Lots and Pier 1 Imports anchor the center. Cotenants include T.G.I. Friday’s and Larry’s Ice Cream. Area demographics include a population of 326,729 within five miles earning $76,802 as the average household income. The asking rent is $16 psf with CAM of $2 psf and taxes of $4 psf. Davie – Pine Island Shopping Center, a 254,904 sq.ft. power center located at the intersection of Interstate 595/State Road 84 and South Pine Island Road, has an 87,656 sq.ft. former Home Depot Expo Design Center available. Publix anchors the center and cotenants include Staples, RadioShack, The UPS Store and Hair Cuttery. Area demographics include a population of 308,306 within five miles earning $74,548 as the average household income. The asking rent is $7.75 psf with CAM of $1.66 psf and taxes of $2.26 psf.
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Ft. Lauderdale – Cypress Creek Station, a 229,034 sq.ft. power center located at the intersection of Cypress Creek Road and North Andrews Avenue, has spaces available of 2,340 sq.ft. and 15,600 sq.ft. along with a 5,000 sq.ft. outlot. Royal Cinemas, Office Depot and LA Fitness anchor the center. Cotenants include Hooters, Longhorn Steakhouse and Sweet Tomatoes Restaurant. Area demographics include a population of 359,308 within five miles earning $59,807 as the average household income. The average daily traffic count is 53,000 vehicles. The asking rent is $27 psf with CAM of $3 psf and taxes of $3.53 psf. For details, contact Steve Miller, The Rotella Group, Inc., 3300 North Federal Highway, Suite 200, Ft. Lauderdale, FL 33306; 954-568-9015, Fax 954-568-9597; Email: steve@rotellagroup.com; Web site: www.rotellagroup.com.
sq.ft. space available. Area demographics include a population of 283,452 within five miles earning $73,654 as the average household income. The asking rent is $15 psf. Itasca – A freestanding 2,400 sq.ft. former Burger King located at the intersection of Rohlwing Road and Irving Park Road is available. Area retail includes Itasca Park Place. Area demographics include a population of 225,358 within five miles earning $89,255 as the average household income. The average daily traffic count is 28,600 vehicles. Naperville – 95th Street Plaza, a 10,010 sq.ft. strip center located at the intersection of 95th Street and Book Road, has a 1,355 sq.ft. space available. Area demographics include a population of 213,576 within five miles earning $142,615 as the average household income. The average daily traffic count is 30,600 vehicles. Rockford – A 6,012 sq.ft. freestanding former Hollywood Video located at the intersection of 11th Street and Sawyer Road is available. Area demographics include a population of 141,262 within five miles earning $56,785 as the average household income. The average daily traffic count is 22,300 vehicles. The asking rent is $13.50 psf. For details regarding the Crestwood and Itasca properties, contact Simeon Spirrison, Adelphia Properties, PO Box 4974, Oak Brook, IL 60522; 630-455-4495; Email: spirrison1@yahoo.com; Web site: www.adelphiaproperties.com. For details regarding the Naperville and Rockford properties, contact George Spirrison.
Kingston – A 0.5-acre parcel located along Route 9 West is available for ground lease. Area retail includes Hudson Valley Mall. Area demographics include a population of 101,257 within 10 miles earning $71,728 as the average household income. The average daily traffic count is 34,374 vehicles. For details, contact Andrew Peckage, Trinity Realty Group, One Park Place, Suite 204, Albany, NY 12205; 518-458-7203 Ext. 12, Fax 518-458-1897; Email: apeckage@trgcos.com; Web site: www.trgcos.com.
Kendall – Pointe at Kendall, a 76,049 sq.ft. strip center located at the intersection of Kendall Drive and Southwest 167th Avenue, has spaces available from 1,500 sq.ft. to 20,000 sq.ft. OfficeMax, PetSmart, BJ’s Wholesale Club, Walgreens and Bank of America anchor the center. Area retail includes Publix, LA Fitness, Home Depot and Walmart. Area demographics include a population of 657,977 within 10 miles earning $62,077 as the average household income. The average daily traffic count is 27,500 vehicles. Palm Beach – Westwinds of Boca, a 172,000 sq.ft. center located at the intersection of U.S. Highway 441 and Glades Road, has spaces available of 1,080 sq.ft.; 1,440 sq.ft.; 1,616 sq.ft. and 2,630 sq.ft. Publix, DSW, Home Depot and Petco anchor the center. Cotenants include Best Buy, Bed Bath & Beyond, The Sports Authority, PetSmart, Borders, Stein Mart, OfficeMax, LA Fitness, Toys “R” Us, Albertsons and Regal Cinema. Area demographics include a population of 685,342 within 10 miles earning $67,752 as the average household income. The average daily traffic count is 93,000 vehicles. For details, contact Maggie Reyes, The Shopping Center Group, LLC, 5201 Blue Lagoon Drive, Miami, FL 33126; 305262-8877, Fax 305-262-7180; Email: maggier@theshoppingcentergroup.com; Web site: www.theshoppingcentergroup.com.
Illinois Crestwood – Crestwood Center, a 14,000 sq.ft. strip center located at the intersection of 138th Street and Cicerio Avenue, has a 1,000
Massachusetts Revere – Bell Circle Plaza, a 50,000 sq.ft. strip center located at the intersection of Route 60, Route 1A, Route 16 and Beach Street, has spaces available of 1,500 sq.ft.; 2,500 sq.ft. and 8,200 sq.ft. T-Mobile, Advance Auto and Bank of America anchor the center. Area retail includes Target, Home Depot, Marshalls, Stop & Shop and Burlington Coat Factory. Area demographics include a population of 413,000 within five miles earning $76,936 as the average household income. The average daily traffic count is 82,000 vehicles. The asking rent ranges from $18 psf to $28 psf with CAM of $3.96 psf and taxes of $3.02 psf. For details, contact Dan Rabazzi, Boylston Realty Advisors, 355 Middlesex Avenue, Suite 7, Wilmington, MA 01887; 978-657-4600, Fax 978-657-7788; Email: drabazzi@boylstonrealty.com; Web site: www.boylstonrealty.com. www.dealmakers.net
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Staten Island – Pergament Mall of Staten Island, a 357,656 sq.ft. power center located at the intersection of Richmond Avenue and Platinum Avenue, has a 10,000 sq.ft. space available. Super Stop & Shop, Best Buy, Toys “R” Us, Michaels and Bed Bath & Beyond anchor the center. Cotenants include Party City, Citibank, Verizon Wireless, Jennifer Convertibles and Petland. Area retail includes Staten Island Mall. The asking rent is $23 psf with CAM of $5.25 psf and taxes of $4.87 psf. Westbury – A 60,000 sq.ft. freestanding building located at the intersection of Corporate Drive and Merrick Avenue has a 17,704 sq.ft. space available. Microcenter anchors the site. Area retail includes Costco, Home Depot, Lowe’s Home Improvement and Roosevelt Field Mall. Area demographics include a population of 443,602 within five miles earning $95,000 as the median household income. The asking rent is $19 psf with CAM of $2.29 psf and taxes of $6 psf. For details, contact Cathy Dubas, Pergament Properties, 1500 Old Northern Boulevard, Roslyn, NY 11576; 516484-8800, Fax 516-484-9170; Email: cdubas@pergamentproperties.com; Web site: www.pergamentproperties.com. West Seneca – A 5,566 sq.ft. freestanding building located on Ridge Road is available. The asking rent is $7.75 psf. For details, contact Len Weiselberg, Robert Crum, Matthew Makler or Gary Shapiro, Kin Properties, 185 Northwest Spanish River Boulevard, Suite 100, Boca Raton, FL 33431; 561-620-9200 Ext. 112/117/118/123, Fax 561-955-9921; Emails: lweiselberg@kinproperties.com, mmakler@kinproperties.com and gshapiro@kinproperties.com; Web site: www.kinproperties.com.
North Carolina Cary – Saltbox Village, located along Kildaire Farm Road, has a 2,600 sq.ft. space
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available. Ace Hardware anchors the center and cotenants include Arthur Murray Dance Studio, Outback Steakhouse, Beverly Nails, Science Safari, Write Image, Opulence, Possibilities, Pattywack’s, All Star Bike, Tailor’s, Great Grapes, Trendy Toes, Hair Designers, Gourmet Pizza and The Meat House. Area demographics include a population of 171,123 within five miles earning $94,873 as the average household income. Charlotte – The Village at Robinson Farm, a mixed-use center located at the
North Carolina
North Carolina
intersection of Rea Road and Williams Pond Lane, has spaces available along with restaurant space. Cotenants include Jordano’s, Tasty Yo Yogurt, Fancy Nails & Spa, Edward Jones, Cosmos Cafe, Cheese Mo’z and The Meat House. Area demographics include a population of 159,232 within five miles earning $115,742 as the average household income. The average daily traffic count is 35,000 vehicles. Clemmons – Tanglewood Commons, located along Clemmons Road, has a divisible 4,200 sq.ft. space available. Harris Teeter anchors the center and
cotenants include Twin City Cleaners, Le Nail Salon, Papa John’s, Lee’s Chinese, The UPS Store, Great Clips, Tanglewood Art and Chang Thai. Area demographics include a population of 53,144 within five miles earning $80,533 as the average household income. The average daily traffic count is 15,000 vehicles. For details regarding the Cary property, contact Mark Pitney or Phil Begany, Lat Purser & Associates, Inc., 6600 Six Forks Road, Suite 103, Raleigh, NC 27615; 919-844-2044, Fax 919-844-2042; Emails: mark.pitney@latpurser.com and phil.begany@latpurser.com; Web site: www.latpurser.com. For details regarding the Charlotte property, contact Steve Mitchener or Chad Hagerman, 4530 Park Road, Suite 300, Charlotte, NC 28209; 704-519-4236/4254; Emails: steve.mitchener@latpurser.com and chad.hagerman@latpurser.com. For details regarding the Clemmons property, contact JD Yearwood; 704-519-4232; Email: jd.yearwood@latpurser.com. Chapel Hill – West Side Plaza, a 17,326 sq.ft. strip center located along West Franklin Street, has spaces available of 1,850 sq.ft. and 2,180 sq.ft. Cotenants include Jimmy John’s and Ram Books. Area draws include UNC Chapel Hill. The asking annual rent is $24 psf. Matthews – Matthews Corners Shopping Center, a 167,459 sq.ft. power center located at the intersection of U.S. Highway 74 and Matthews Township Parkway, has a 1,234 sq.ft. space available along with two spaces of 2,516 sq.ft. Cotenants include hhgregg, Marshalls, Great Clips, Hobby Lobby and Ollie’s Bargain Outlet. The average daily traffic count is 83,000 vehicles. The asking annual rent is $19.50 psf. Pembroke – University Plaza, a 38,600 sq.ft. strip center located at the intersection of University Road and West 3rd Street, has an 1,800 sq.ft. space available. Food Lion anchors the center and cotenants include RadioShack, H&R Block and China Eight. Area demographics include a population of 47,554 within 10 miles. The asking annual rent is $9 psf. For details, contact Sabrina L. Jones, Zapolski Real Estate, LLC, 501 Washington Street, Durham, NC 27701; 919-956-2722 Ext. 3, Fax 919-956-5063; Email: mjones@zapolskire.com; Web site: www.zapolskire.com. Concord – Mills Galleria, an 18,000 sq.ft. strip center located along Concord Mills Boulevard, has spaces available of 3,200 sq.ft. and 4,000 sq.ft. Adam and Eve and (continued on page twenty)
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retailers lOOking fOr lOcatiOns How accurate is the information? Online information is updated daily. The CD-ROM is burned the day of your order. All listings are verified by phone, mail or fax with the retailer and updated in the past nine months. What types of chains are in TenantSearch? TenantSearch includes national and regional chains in addition to local chains with 60+ types of retail uses. Can the info be used with other software? All information on the CD-ROM can be exported into Excel, ACT, Access and Ascii. All information from searches on-line can be saved to your hard drive. Do I need any other software? You can use TenantSearch’s self-loading CD-ROM to print reports, labels and letters; look up by name, use, store size, etc., plus you can save searches. You can use any web browser online, access up-to-date information, print letters and save searches. Get the details on over 7,000 retailers. TenantSearch provides: Contact Name for Director of Real Estate; Parent Company; Trade Name(s); Address; Phone; Fax; Email; Web site; Number of Stores in the Chain; States where the stores operate; Projected store openings in the next 18 months; States of interest for new sites; description of merchandise, Customer profile and competition; Demographic requirements; Preferred type of site; Lease terms; Preferred cotenants.
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Daily Email Alerts Retailer expansion plans are updated daily and online TenantSearch users receive 5 to 25 leads daily via email. TenantSearch matches ideal tenants to your site. Simply plug in the parameters of your retail property and type of tenants you desire, and within seconds you’ll have a list of retailers interested in your location.
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Visionloft Optometry anchor the center. Area retail includes Concord Mills Mall, Lowe’s Home Improvement and Walmart. Area demographics include a population of 85,000 within five miles earning $63,000 as the average household income. The asking rent is $20 psf with CAM of $3 psf. For details, contact Rob Cassam, Carolina Realty Advisors, 201 West Morehead Street, Suite 200, Charlotte, NC 28202; 704-442-1774 Ext. 100, Fax 704-442-8841; Email: robcass@ix.netcom.com; Web site: www.charlottencproperty.com.
Pennsylvania Allentown – Home Depot Plaza, a 220,000 sq.ft. center located at the intersection of Lehigh Street and Route 78, has a 9.82-acre outlot available. Carlisle – A 140,715 sq.ft. center located at the intersection of Route 34/ Hanover Street and Interstate 81 has space available along with a pad site. Home Depot and Chili’s anchor the center. Trexlertown – Trexlertown Marketplace, a 36,068 sq.ft. center located at the intersection of Route 222/Hamilton Boulevard and Mill Creek Road, has space available. Walgreens, Panera Bread and Verizon Wireless anchor the center. For details, contact Thomas G. Mirandi, RD Management, LLC, 810 Seventh Avenue, 28th Floor, New York, NY 10019; 212-2656600 Ext. 239, Fax 212-265-8250; Email: tmirandi@rdmanagement.com; Web site: www.rdmanagement.com. North Fayette/Robinson Township – Plaza at the Pointe, a 150,000 sq.ft. strip center located at the intersection of Quinn Drive and Summit Park Drive, has a 22,000 sq.ft. endcap space available. Cotenants include Bed Bath & Beyond, Old Navy, Ulta, Michaels, Hallmark, dressbarn and Shoe Carnival. Area retail includes Walmart Supercenter, Target, Lowe’s Home Improvement, Home Depot, Sam’s Club, Best Buy and IKEA. Area demographics include a population of 61,681 within five miles. For details, contact Sarah Piccione, Costa Land Co.; 412-394-9803; Email: spiccione@costalandco.com; Web site: www.costalandco.com. York – Yorkshire Plaza, a mixed-use center located at the intersection of East Market Street and South Mills Street, has spaces available from 1,000 sq.ft. to 4,000 sq.ft. Cotenants include Rita’s and Papa John’s. Area retail includes Walmart Supercenter page 20
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Pennsylvania
Texas
and Home Depot. Area demographics include a population of 124,790 within five miles. The average daily traffic count is 35,000 vehicles. The asking rent ranges from $16 psf to $20 psf. For details, contact Nick Skeparnias, Sigma Commercial Realty, 1542 East Market Street, York, PA 17403; 717-848-8888; Email: nick@sigma-re.com; Web site: www.sigma-re.com.
include a population of 116,609 within five miles earning $42,259 as the average household income. The average daily traffic count is 30,354 vehicles. San Antonio – Dellcrest Plaza, a 104,330 sq.ft. strip center situated on 9.34 acres at the intersection of South W.W. White Road and Rigsby Avenue, has a 3,200 sq.ft. space available along with two spaces of 1,200 sq.ft. Fallas Paredes, 99 Cents Only Store, Melrose, Anna’s Linens and Rent-A-Center anchor the center. Cotenants include Cricket, Bank of America, Access Dental and Jackson Hewitt Tax Service. Area demographics include a population of 681,877 within five miles earning $43,101 as the average household income. The average daily traffic count is 15,600 vehicles. For details, contact JP Rindt, MIMCO, Inc., 6500 Montana, El Paso, TX 79925; 915-779-6500, Fax 915-779-6509; Email: jrindt@mimcoelp.com; Web site: www.mimcoinc.com.
Tennessee Chattanooga – A 1,548 sq.ft. freestanding building located on Brainerd Road is available. The asking rent is $9.50 psf. Knoxville – A 5,400 sq.ft. freestanding building located on Chapman Highway is available. The asking rent is $6.75 psf. Memphis – A 4,550 sq.ft. freestanding building located on Winchester Road is available. The asking rent is $11 psf. Nashville – A 66,960 sq.ft. freestanding building located on Sidco Drive is available. The asking rent is $2.95 psf. For details, contact Len Weiselberg, Robert Crum, Matthew Makler or Gary Shapiro, Kin Properties, 185 Northwest Spanish River Boulevard, Suite 100, Boca Raton, FL 33431; 561-620-9200 Ext. 112/117/118/123, Fax 561-955-9921; Emails: lweiselberg@kinproperties.com, rcrum@kinproperties.com, mmakler@kinproperties.com and gshapiro@kinproperties.com; Web site: www.kinproperties.com.
Texas El Paso – Zaraplex, a 227,249 sq.ft. strip center situated on 27.5 acres along Zaragoza Road, has spaces available of 2,400 sq.ft.; 4,800 sq.ft. and 7,200 sq.ft. along with outlots of 1,200 sq.ft. and 2,000 sq.ft. Fallas Paredes, Dollar General, Savers, Union Fashion of Texas, Shoe Show, CiCi’s Pizza, Cato and TRS Furniture anchor the center. Cotenants include United Bank, Cal TV, Bahama Bucks and Perfume Max. Area demographics include a population of 233,521 within five miles earning $52,455 as the average household income. The average daily traffic count is 28,144 vehicles. Also, Plaza de Flores, a 123,324 sq.ft. strip center located at the intersection of Zaragoza Road and North Loop, has a 1,500 sq.ft. space available. Big Lots, Anna’s Linens, Payless ShoeSource, Peter Piper Pizza, Dunkin’ Donuts and Burger King anchor the center. Cotenants include Fred Loya Insurance and Sun Drugs Pharmacy. Area retail includes Pro’s Ranch Market. Area demographics
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Virginia Fredericksburg – Town & Country Marketplace, located along Town & Country Drive, has spaces available from 1,200 sq.ft. to 8,000 sq.ft. Giant anchors the center and cotenants include Scoops, Hair Cuttery, The UPS Store, Ladies Fitness, Country Cleaners, Top Ten Nails, Edward Jones, Top Chef and Allstate Insurance. Area demographics include a population of 67,260 within five miles earning $75,040 as the average household income. The asking rent ranges from $18 psf to $22 psf NNN. Richmond – Merchants Walk Shopping Center, located along West Broad Street, has spaces available from 1,120 sq.ft. to 9,250 sq.ft. Food Lion, Marshalls and A.J. Wright anchor the center. Cotenants include Rec Warehouse, It’s Fashion, Extacy II, Shoe Show, CiCi’s Pizza, Sally Beauty Supply, Catherines, Lendmark, Cato, Advance America, GNC, L.A. Nail Salon, Hair Cuttery, Dixie Staffing, Tuesday Morning, Dollar Tree, Chicken Fiesta, KP Alpha Jeweler, Liberty Tax Service, Olympic Hair, CVS, Jenny Craig, Bernina of Richmond, China Buffet, Bank of America and Bailey’s. Area demographics include a population of 215,333 within five miles earning $78,558 as the average household income. The average daily traffic count is 44,000 vehicles. Also, Glen Lea Centre, located at the intersection of Route 360/Mechanicsville Turnpike and Laburnum Avenue, has an 18,900 sq.ft. anchor space available along with an outlot. Save-A-Lot anchors the center and cotenants include Prince Cleaners, Advance America, Rentway, Dollar General, Tops China, (continued on page twenty-two)
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Diva Beauty Supply, Kool Smiles, KFC and Long John Silver’s. Area demographics include a population of 209,532 within five miles earning $53,628 as the average household income. The average daily traffic count is 66,000 vehicles. Also, Westchester Commons, a 900,000 sq.ft. mixed-use center located at the intersection of Route 60 and Route 288, has space available. Target, JoAnn Fabrics and Regal Cinemas anchor the center. Cotenants include OfficeMax, Gold’s Gym, Petco, dressbarn, Famous Footwear, GameStop, Payless ShoeSource, Dollar Tree, AT&T Mobility, Great Clips, Hair Cuttery, Books-A-Million, Wachovia Bank, Verizon Wireless, GNC, Dots, Tropical Smoothie Café, McAlister’s Deli, Starbucks, CiCi’s Pizza, Five Guys Famous Burgers and Fries and Chick-fil-A. Area demographics include a population of 132,345 within seven miles earning $107,770 as the average household income. The average daily traffic count is 70,000 vehicles. For details regarding the Fredericksburg property, contact Magnolia Martin or Shawn Carrington, Thalhimer Commercial
Virginia
Wisconsin
Real Estate, Millrace North, 725 Jackson Street, Suite 101, Fredericksburg, VA 22401; 540-373-0600 Ext. 240/238; Emails: magnolia.martin@thalhimer.com and shawn.carrington@thalhimer.com. For details regarding Merchants Walk Shopping Center, contact Richard Thalhimer or Nicki Jassy; Exchange Place, 1313 East Main Street, Suite 400, Richmond, VA 23219; 804-697-3416/3433; Emails: richard.thalhimer@thalhimer.com and nicki.jassy@thalhimer.com. For details regarding Glen Lea Centre, contact Nicki Jassy or Connie Jordan Nielsen; 804-6973569; Email: connie.nielsen@thalhimer. com. For details regarding Westchester Commons, contact Connie Jordan Nielsen, Lee Warfield, Loretta L. Cataldi or Lindsey Floyd; 804-697-3487/3431/3412; Emails: lee.warfield@thalhimer.com, loretta.cataldi@thalhimer.com and lindsey.floyd@thalhimer.com.
The asking rent is $6.75 psf. Brown Deer – An 8,400 sq.ft. freestanding building located on West Brown Deer Road is available. The asking rent is $6.75 psf. Kenosha – A 7,200 sq.ft. freestanding building located on 75th Street is available. The asking rent is $7.50 psf. Manitowoc – A 3,096 sq.ft. freestanding building located on Calumet Avenue is available. The asking rent is $8.95 psf. Menomonee Falls – A 5,400 sq.ft. freestanding building located on Appleton Avenue is available. The asking rent is $8.75 psf. Waukesha – A 2,383 sq.ft. freestanding building located on West Sunset Drive is available. The asking rent is $12.50 psf. For details, contact Len Weiselberg, Robert Crum, Matthew Makler or Gary Shapiro, Kin Properties, 185 Northwest Spanish River Boulevard, Suite 100, Boca Raton, FL 33431; 561-620-9200 Ext. 112/117/118/123, Fax 561-955-9921; Emails: lweiselberg@kinproperties.com, rcrum@kinproperties.com, mmakler@kinproperties.com and gshapiro@kinproperties.com; Web site: D M www.kinproperties.com.
Wisconsin Beaver Dam – A 3,096 sq.ft. freestanding building located on Park Avenue is available.
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July 23, 2010
The
Dealmakers
www.dealmakers.net
Strength and Experience, lets build on it together…
Indianapolis, IN
New York, NY
Holland, MI
• Felbram Plaza North
Cedar Village
New SHOPPERS WORLD
• North Eastwood Shopping Center • Felbram Plaza South
SoHo
Southfield, MI
East Meadow, NY
Greenfield Commons
East Meadow Commons
Detroit Market
Griffith, IN
Clifton, NJ
Griffith Park Plaza
•
Park Forest, IL
Norwood Square
• •
Chicago Market
St.Louis, MO
Millennium Center
• •
•
Botany Plaza
• • • •
• •
• ••
•
••
Ewing, NJ
Proposed Development
Wyncote, PA
Cedarbrook Plaza Philadelphia Market
Evansville, IN
•
First Diamond Plaza
•
r
nte New Ce
Weirton, WV K-Mart Plaza
•
Hopkinsville, KY Park Plaza
Fayetteville, NC
•
nter
New Ce
Sycamore Square
Knoxville, TN
Knoxville Commons
Oakland Park, FL
Oakland Park Festival Centre
Fairfield, AL
Flintridge Centre Birmingham Market
•
Springfield, OH K-Mart Plaza
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Englewood, OH
Cincinnati Market
Dayton Market
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Canton, OH
Canton Centre
Columbus, OH Northland Plaza
With over 5 Million Square feet of retail holdings, we have available space for all needs including: • • • •
Great SUPERMARKET Backfill & New Locations Anchor & Junior Anchor Spaces Inline Stores Pad Sites & Ready Free Standing Buildings
Contact us: leasing@nassimirealty.com acquisitions@nassimirealty.com Nassimi Realty, LLC 370 Seventh Avenue Suite 1600 New York, NY 10001
T: 212.643.8080 www.nassimirealty.com T: 800.521.5208 F: 212.643.2626 E: leasing@nassimirealty.com
The Dealmakers
Us.
Prime Corner Locations While others are sitting on the sideline, we’ve never left the game. To get started, we’ll need: Fee sites Hard corners 30,000 cars per day
Southern California and Arizona: Max Min: max.min@bp.com Northern California, Nevada, Washington and Oregon: Mike Hager: michael.hager@bp.com
Lot size: 30 - 50K sq. ft.
This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. It is for information purposes only. Currently, the following states regulate the offer and sale of franchises: CA, HI, IL, IN, MD, MI, MN, NY, ND, OR, RI, SD, VA, WA and WI. If you are a resident of one of these states, we will not offer you a franchise unless and until we have complied with applicable pre-sale registration and disclosure requirements in your state. In addition, in NY an offering can only be made by a prospectus filed first with the Department of Law of the State of New York. Such filing does not constitute approval by the Department of Law. Nothing contained herein shall be construed as providing any legal advice including but not limited to any advice pertaining to any contractual and / or legal obligation that you have with your existing supplier or other party and you are hereby highly encouraged to seek such advice before responding. © 2010 BP West Coast Products LLC. All Rights Reserved. © 2010 BP Products North America Inc. All Rights Reserved.