Dealmakers Magazine | July 24, 2009

Page 1

Reporting The Nation’s Weekly News on Retailing & Retail Real Estate

Volume XXIV No. XXVII

July 24, 2009

Supermarket Chains Expand Nationwide Stop & Shop Supermarkets Co. trades as Stop & Shop at 360 locations throughout CT, MA, NH, NJ, NY and RI. The supermarkets, featuring in-store pharmacies as well as deli, floral, bakery, seafood, produce, baby product, natural food, pet, beauty and meat departments, as well as gasoline facilities at select locations, occupy spaces of 35,000 sq.ft. to 70,000 sq.ft. in freestanding locations, urban/downtown areas and mixed-use and strip centers. Growth opportunities are sought throughout the existing markets as well as ME and VT during the coming 18 months. Typical leases run 20 years. Preferred cotenants include home improvement retailers and discount department stores. Preferred demographics include a population of 30,000 within two miles. For more information, contact Jim Sylvia, Stop & Shop Supermarkets Co., 1385 Hancock Street, Quincy, MA 02169; 617-770-8626, Fax 617770-6222; Web site: www.stopandshop.com. Save-A-Lot Food Stores trades as Save-A-Lot at 1,200 locations nationwide. The supermarkets, featuring produce, meat, dairy and frozen food departments, occupy spaces of 16,500 sq.ft. in freestanding locations as well as endcap and inline spaces in strip centers. Plans call for 60 openings throughout the existing market during the coming 18 months. For more information, contact Kristen Brown, Save-A-Lot Food Stores, 100 Corporate Office Drive, St. Louis, MO 63045; 314-592-9100, Fax 314-592-9619; Web site: www.save-a-lot.com.

Martin’s Super Markets, Inc. trades as Martin’s Super Market at 20 locations throughout IN and MI. The supermarkets, featuring bakery, meat, deli, produce and seafood departments along with wine and spirit, floral and pet departments and gasoline facilities at select locations, occupy spaces of 20,000 sq.ft. to 70,000 sq.ft. in freestanding locations and strip centers. Plans call for two openings within a 60-minute drive of South Bend, IN during the coming 18 months. A minimum land area of 10 acres is required for freestanding locations. Major competitors include Wal*Mart, Meijer and Kroger. For more information, contact Pam Smith, Martin’s Super Markets, Inc., PO Box 2709, South Bend, IN 46680; Web site: www.martins-supermarkets.com. Rouses Enterprises, Inc. trades as Rouse’s Supermarket at 35 locations throughout LA. The supermarkets, featuring produce, bakery, deli, meat and seafood departments, as well as a sushi department and post office in select locations, occupy spaces of 45,000 sq.ft. to 65,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout Baton Rouge, Lafayette and New Orleans, LA during the coming 18 months. The company prefers to acquire sites. For more information, contact Donald Rouse, Rouses Enterprises, Inc., 1301 Saint Mary Street, Thibodaux, LA 70301; 985-447-5998, Fax 985447-5563; Email: feedback@rouses.com; Web site: www.rouses.com. (continued on page seven)

This issue contains information on:

* Retailers operating 15,362 locations with plans to open 1,483 sites * Real estate valued in excess of $9.29 million to be bought, sold & financed * Leasing activity on over 5.9 million sq.ft. of retail properties

Important News Please Expedite

Postmaster: Periodical

Featuring ICSC Tennessee/Kentucky & Michigan Idea Exchanges New Construction Schostak Brothers & Co. is preleasing Madison Park in Rochester Hills, MI................ Pg. 3 Metrowest Commercial is peleasing a project in Natick, MA........................................ Pg. 3 Buyers & Sellers Marcus & Millichap negotiated the sale of a property in Ooltewah, TN....................... Pg. 4 Openings Zumiez plans to open locations nationwide............. Pg. 5 Roundy’s Supermarket looks for sites throughout Chicago, IL........................................... Pg. 6 Lease Signings LaKritz Weber & Co. negotiated a number of leases throughout MI....................... Pg. 7 Supermarket Retailers Expand Remke’s Market looks for sites throughout northern KY......... Pg. 7 In The News Cohen Commercial Properties hired Adam Mayer as director of property management........ Pg. 8 Food Retailers Expand Barrett Restaurants plans to expand throughout MA.......... Pg. 10 Leadsheet Books-A-Million plans to expand throughout the eastern U.S........................................ Pg. 12 Cartridge World seeks sites throughout North America..... Pg. 14 Space Place........................... Pg. 15

For more news go to: www.dealmakers.net


*PRICES

JUST REDUCED!!!

$2

PA 0,00 EN ID TO 0 BO T, OW S N NE ELLI US R R NG ET *Haw River, North Carolina IRI NG The center is approximately 97,000 sq ft and is on 20 + acres. It was a former Winn-Dixie AG

SHOPPING CENTERS FOR SALE

anchored center. The price includes an outparcel out front on the main 5 lane, a 2.8 acre tract in the middle of the property and about 2-3 acres of expansion area on the side of the building area. The parking lots have been re-surfaced and re-striped. All the front metal awnings have been painted a metallic color and it really looks great! Lots of upside potential here!!! Our Sales Price has just been REDUCED to only $3.49 Million!!! (Appraised Value is $3.74 Million)

*Conover,

North Carolina

This 60,990 sq ft shopping center and its outparcels are located on 5.26 acres on one of the busiest streets in the area! A 2008 bank appraisal valued the center at $3.15 Million (not including the outparcels). We have recently done expensive renovations to the shopping center and sold one of the outparcels to COOK-OUT, a national fast food franchise drive through restaurant chain. Two outparcels are still available. Our Sales Price has just been REDUCED to only $2.29 Million!!!!

North Wilkesboro, North Carolina This 39,634 sq ft shopping center and a large outparcel is located on 12.8 acres. The total Tax Value is over $2.37 Million. The center is 100% OCCUPIED with 3 National Tenants. Our Sales Price is only $1.79 Million for the shopping center AND the large outparcel!!

*Thomasville,

North Carolina

It is 62,300 sq ft located on 6.3 acres of land in Thomasville, NC. It has recently been remodeled and has lots of UPSIDE POTENTIAL! Our Sales Price has just been REDUCED to only $1.69 Million!!!!

Hickory, North Carolina This 39,704 sq ft shopping center is located on 3.42 acres. It has been recently remodeled!! Our Sales Price is only $1.79 Million!!

#1 REAL ESTATE DEALS, LLC

W. Clarke Lindley | Cell: 336-260-4113 | supermansml@aol.com


New Construction Schostak Brothers & Co. is preleasing Madison Park, a 400,000 sq.ft. center located at the intersection of M-59 and Adams Road in Rochester Hills, MI. The center is slated to open during 2010. The company is also preleasing Salem Springs, a mixed-use center located in Salem Township, MI. The center is slated to open during 2010. For more information, contact Lars Anderson, Schostak Brothers & Co., 17800 Laurel Park Drive, Suite 200C, Livonia, MI 48152; 248-262-1000, Fax 248-262-1814; Email: anderson@schostak.com; Web site: www.schostak.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............................................ Nicholas Hamner nicks@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

The Dealmakers TM (ISSN 1055-0771) is published weekly except for the weeks of January 1st, July 4th, the ICSC's Spring and Fall Conventions and December 25th for $294 per year U.S., foreign $319 by TKO Real Estate Advisory Group Inc. PO Box 2630 Mercerville, NJ 08690-0630. The Dealmakers TM reports on over 20,000 retailers, developers and management companies every year. It is written by real estate professionals for real estate professionals. The newsletter keeps readers abreast of the latest leasing, development and management changes occurring in the real estate industry on a weekly basis. NOTE: Current federal law requires written consent from a company prior to utilizing the published fax number. Share The Dealmakers with your organization or service for free. Just let us know when your next meeting is and we'll send you copies of our issue for free for your members to learn how to be a better dealmaker! TM

POSTMASTER: Send address changes to The Dealmakers, PO Box 2630 Mercerville, NJ 086900630 or 100 Youngs Road, Mercerville, NJ 08619. Periodical postage paid at Trenton, NJ and at additional mailing offices. Affiliated with Tenant Search, E.S.P., Properties by Fax Copyright 2009 by TKO Real Estate Advisory Group Inc. 609-587-6200, fax 609-587-3511.

First Team Commercial is developing Perris Marketplace, a 111,000 sq.ft. center situated on 21 acres at the intersection of Navajo Road and Highway 74 in Perris, CA. Junior anchor and shop spaces are available along with pad sites. The average daily traffic count is 27,500 vehicles. For more information, contact Richard Parzonko, Kevin Woods or Jeff Arcuri, First Team Commercial; 951294-7177, 949-636-0226 or 714-8611234; Emails: richardp@firstteam.com, kevinwoods@firstteam.com and jeff@firstteam.com. Virginia Properties, Inc. is preleasing Harrison Crossing South, a 37,000 sq.ft. center located at the intersection of Route 3/Plank Road and Harrison Road in Fredericksburg, VA. Area retail includes Home Depot, Giant, Starbucks, Petco, Sonic Drive-In and Walgreens. The average daily traffic count is 42,000 vehicles. The asking rent is $26 psf. The center is slated to open during 2010. For more information, contact Chris Satterwhite, Virginia Properties, Inc., 6308 Five Mile Centre Park, Suite 215, Fredericksburg, VA 22407; 540429-4391, Fax 540-785-9090; Email: chris.satterwhite@vapropertiesinc.com; Web site: www.vapropertiesinc.com. MetroNational is redeveloping Memorial City Mall, a 1.7 million sq.ft. super-regional shopping center located at the intersection of Memorial City Way and Interstate 10/Katy Freeway in Houston, TX. Macy’s, Dillard’s, JCPenney, Target and Sears anchor the center. Cotenants include Coach, Apple, Forever 21 and Ann Taylor Loft. The renovations include the addition of a 75,000 sq.ft. open-air streetscape center and restaurant and shop spaces are available. Area demographics include a population within a two-mile radius earning an average household income of $117,000. The average daily traffic count is 219,000 vehicles. For more information, contact Loch Cook, MetroNational, Two Memorial City Plaza, 820 Gessner Road, 18th Floor, Houston, TX 77024; 713-973-3526; Email: lochc@metronational.com. Springstead & Associates, Inc. is preleasing Westgate Plaza, a 300,000 sq.ft. community shopping center located at the intersection of Beach Boulevard and Lincoln Avenue in Anaheim, CA. Lowe’s Home Improvement and WinCo Foods anchor the center. Junior anchor and shop spaces are available along with restaurant and pad sites. Area demographics include a population of 684,448 within a five-mile radius earning an average household income of $79,454. The average daily traffic count is 75,200 vehicles. www.dealmakers.net

The

For more information, contact Carol Springstead, Springstead & Associates, Inc., 20320 Southwest Birch Street, Suite 120, Newport Beach, CA 92660; 949797-9040, Fax 949-797-9041; Email: cspringstead@springstead-associates.com; Web site: www.springstead-associates.com. Cedarwood Development, Inc. is preleasing the second phase of Fayette Crossing, a power center located along U.S. Route 40 in Uniontown, PA. Wal*Mart Supercenter anchors the first phase and spaces ranging from 3,000 sq.ft. to 25,000 sq.ft., along with three outlots ranging from 1.06 acres to 2.67 acres, are available in the second phase. Area demographics include a population of 151,528 within a 15-mile radius earning an average household income of $44,734. The second phase is slated to open during the spring of 2011. For more information, contact Jodi Cross, Cedarwood Development, Inc., 1765 Merriman Road, Akron, OH 44313; 330-869-2268, Fax 330-869-6365; Email: jcross@cedarwoodd.com; Web site: www.cedarwooddevelopment.com. Metrowest Commercial Real Estate is preleasing a 26,000 sq.ft. freestanding building situated on two acres in Natick, MA. Area demographics include a population of 140,000 within a five-mile radius earning a median household income of $63,000. The average daily traffic count is 22,000 vehicles. The asking rent is $20 psf with CAM of $1.75 psf and taxes of $1.35 psf. The building is slated to open during September. For more information, contact Eric Brosler, Metrowest Commercial Real Estate, 206 Turnpike Road, Southborough, MA 01772; 508-3700003; Email: eric@metrowestcre.com; Web site: www.metrowestcre.com. Jim Wilson & Associates, LLC is preleasing Gateway Towne Center, a 1.05 million sq.ft. center situated on 156 acres at the intersection of Interstate 20 and U.S. Highway 411 in Moody, AL. Area draws include Barber Motorsports Park. Area demographics include a population of 511,612 within a 20mile radius earning an average household income of $65,557. The center is slated to open during the fall. For more information, contact Woody Rush, Jim Wilson & Associates, LLC, Lakeview Center, 2660 Eastchase Lane, Suite 100, Montgomery, AL 36117; 334260-2524, Fax 334-260-2535; Email: w.rush@jwamalls.com; Web site: www.jwamalls.com. Or LeRoy McEntire, Helms Roark; 334-481-0512, Fax 334-2646681; Email: leroy@helmsroark.com. DM

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Buyers and Sellers Matrix Realty Group is selling a 2,000 sq.ft. freestanding building situated on a land area of 8,675 sq.ft. along South Harlem Avenue in Worth, IL. Area retail includes Chicago Ridge Mall. Area draws include Trinity Christian College, Morraine Valley Community College and Palos Hospital. The average daily traffic count is 46,000 vehicles. The asking price is $329,400. For more information, contact Josh Budny, Matrix Realty Group, 2066 Ridge Road, Homewood, IL 60430; 708799-3600, Fax 708-799-3653; Email: jbudny@matrixrealtygroup.com.

Jeffery Realty, Inc. is selling a 1,500 sq.ft. former Petrucci’s Ice Cream site located along Inman Avenue in Colonia, NJ. The average daily traffic count is 16,000 vehicles. The asking price is $495,000. The company is also selling a 32,000 sq.ft. mixed-use center located along Morris Avenue in Union, NJ. The asking price is $1.75 million with a Cap rate of 7%. For more information, contact Phil Gentile, Jeffery Realty, Inc., 116 Route 22, North Plainfield, NJ 07060; 908-668-9600, Fax 908668-5225; Email: pgentile@jefferyrealty.com; Web site: www.jefferyrealty.com.

Marcus & Millichap Real Estate Investment Services negotiated the $1.461 million sale of a parcel located on Ooltewah, TN. The site is occupied by BB&T Bank under a 20year NNN ground lease featuring 12.5% rent escalations every five years. The sale price represents a Cap rate of 6.5%. The company’s Philadelphia, PA office represented the seller, GVH Duff Associates, and its Cincinnati, OH office represented the buyer, Arden Square, LLC. For more information, contact Marcus & Millichap Real Estate Investment Services, 1628 John F. Kennedy Boulevard, Suite 1200, Philadelphia, PA 19103-2106; 215531-7000, Fax 215-531-7010; Web site: www.marcusmillichap.com.

Elite Shopping Centers Management is selling Hamilton West Shopping Center, a 170,000 sq.ft. center situated on 26 acres at the intersection of North Brookwood Avenue and State Route 177 in Hamilton, OH. Tenants include Golden Dragon, Dots, Jo-Ann Fabrics, Dollar Tree, Computer Consulting, Ohio BMV, Goodwill Industries, Hamilton West Barber, Labor Ready and Curves. Area retail includes Wal*Mart, Lowe’s Home Improvement, Kroger, Pizza Hut, CVS, Wendy’s and O’Reilly Auto Parts. Area demographics include a population of 85,929 within a five-mile radius earning an average household income of $58,462. The NOI is $263,784. For more information, contact Romina Rivani or Rodney Rivani, Elite Shopping Centers Management; 310-474-8844 or 310470-6113; Emails: romina@rrcommercial.com and rrestate@aol.com.

Adelphia Properties is selling a 12.1acre parcel located along Archer Avenue in Lockport, IL. The asking price is $2.225 million. For more information, contact George Spirrison or Simeon Spirrison, Adelphia Properties, PO Box 4974, Oak Brook, IL 60522; 630-455-4495; Email: spirrison1@yahoo.com. Garrett Realty & Development, Inc. is selling a multi-story 45,000 sq.ft. building located along West Madison Street in Chicago, IL. Area retail includes First Eagle Bank, Starbucks, Crossroads Bar & Grill, Curves, Plush Bar & Grill and Jerry’s Sandwiches. The asking price is $3.1 million. For more information, contact Chad Tepley or David Schraufnagel, Garrett Realty & Development, Inc., 2211 North Elston Drive, Suite 308, Chicago, IL 60614; 773-880-1322 Ext. 38/16; Emails: ctepley@garrettrealtyinc.com and david@garrettrealtyinc.com. A one-acre outlot is available in Camden, TN. Wal*Mart Supercenter shadow-anchors the site. The asking price is $102,000. For more information, contact Myron Miller; 931-472-9948; Email: builinger@live.com. page 4

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Land Solutions, Inc. is selling a 6.23-acre development parcel located along U.S. 41 in North Ft. Myers, FL. The asking price is $1.399 million. For more information, contact William Rollins, Land Solutions, Inc., 4571 Colonial Boulevard, Suite 102, Ft. Myers, FL 33996; 239-633-1963, Fax 239-481-8477; Email; wrollins@landsolutions.net; Web site: www.landsolutions.net. Addison Commercial Real Estate, Inc. negotiated the sale of a 5,250 sq.ft. building located along San Marco Boulevard in Jacksonville, FL. The Cordell Group represented the seller and 1611 San Marco Blvd., LLC acquired the site. The company also negotiated the sale of a 9,461 sq.ft. freestanding building located along San Marco Boulevard in Jacksonville, FL to 1458 San Marco Blvd., LLC. For more information, contact Bob Knight, Addison Commercial Real Estate, Inc., 118 West Adams Street, Suite 1000, Jacksonville, FL 32202; 904-354-1789, Fax 904-354-2445; Web site: www.acrei.com. DM


Who’s Opening and Where Applebee’s International, Inc. (913-9674000), through franchisee Apple Metro Franchise, will open a 6,700 sq.ft. Applebee’s Neighborhood Grill & Bar at the intersection of 125th Street and Fifth Avenue in Harlem, NY during the fall. The opening will be the company’s third in Manhattan, NY. Academy Sports & Outdoors (888-9222336) is slated to open an Academy Sports location in a center under development at the intersection of Cobbs Ford Road and U.S. Highway 82 in Prattville, AL. The company recently opened a store in EastChase, located in Montgomery, AL. Hobby Lobby will also open a craft store at the Prattville development. Columbia Sportswear Co. (503-985-4000) is planning to open a Columbia Sportswear store along Hennepin Avenue in the Uptown area of Minneapolis, MN during April 2010. The outerwear and skiwear retailer will occupy a two-story, 11,000 sq.ft. building, the company’s first ground-up build-to-suit project. The company opened its first location in the Minneapolis area during November 2008, when it opened a 16,000 sq.ft. store in Mall of America.

Tesco plc (310-384-3833) plans to open four Fresh & Easy Neighborhood Market locations throughout San Diego County, CA, with openings planned in North Park, Lakeside, La Mesa and north of Poway. The openings will bring the total store count for San Diego County to 12, and the company recently opened stores in Pasadena, Oxnard and Santa Barbara County, CA earlier this month. The company currently operates 120 of the stores, 10,000 sq.ft. convenienceoriented markets offering prepared dishes, grocery items and fresh produce, throughout AZ, southern CA and NV. Zumiez, Inc. (425-551-1500) will open as many as 36 Zumiez locations this year. The stores feature action sports-related gear and apparel, including surfboards, snowboards and snow boots, in 358 locations nationwide throughout 31 states. La Curacao (213-386-4412) will open a store at Southgate Shopping Center, located in Tucson, AZ, next month. The stores, selling electronics and appliances to customers more comfortable doing business in Spanish, are styled to resemble Mayan and Aztec pyramids.

Hennes & Mauritz AB (212-564-9922) is planning to open a 20,000 sq.ft. H&M store at Vintage Faire Mall in Modesto, CA during November. The store will be a full-concept location, featuring apparel for children, teens, young men and women and adults, in addition to maternity wear and accessories, and will occupy former Foot Locker, Lady Foot Locker, Kids Foot Locker, Limited Too and Wet Seal sites. The company currently operates 1,800 units nationwide and internationally throughout 34 countries. Wal*Mart Stores, Inc. (479-273-4000) will open its first Mas Club in Houston, TX during the early part of next month. The store is similar to the company’s Sam’s Club wholesale club format but is geared toward Hispanic customers. The company recently opened a Sam’s Club location in Cocoa, FL earlier this month and currently operates 603 Sam’s Club stores nationwide. OfficeMax, Inc. (630-438-7800) is expanding on a retail concept offering extremely popular items found in traditional OfficeMax locations. The new concept stores will utilize approximately 2,000 sq.ft. (continued on page six)

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Who’s Opening and Where (continued from page five)

Limited Brands, Inc. (614-415-7000) will open a Victoria’s Secret location at Ala Moana Center, located in Honolulu, HI, during the fall. LEGO, Links of London, Ala Bella and Taco del Mar opened locations at the center earlier this month. The Gap, Inc. (650-952-4400) is planning to open 40 locations, through franchisees, internationally in 20 countries by year’s end. The company is also beginning a remodeling plan of its Old Navy brand with plans to remodel 50 stores this year to include brighter lighting, new fixtures, improvements to the ratio of folded and hanging merchandise and a merchandise mix tailored to the individual demographics of each location. The company currently operates 1,066 Old Navy stores throughout North America, along with Gap and Banana Republic stores. Eileen Fisher, Inc. (914-591-5700) will open an Eileen Fisher store, selling women’s apparel, at Plaza Frontenac, located in St. Louis, MO, during the spring of 2010. Roundy’s Supermarkets, Inc. (414-231-5000) is planning to open 15 to 25 supermarkets in the Chicago, IL metropolitan area during the next several years. The company currently operates 152 units nationwide throughout the Midwest. Whole Foods Market, Inc. (512-477-4455) will open a Whole Foods Market supermarket at the intersection of State Street and Hitchcock Way in Santa Barbara, CA during the fall or winter. The market, selling natural and organic foods, will occupy anywhere from 25,000 sq.ft. to 30,000 sq.ft. in a site formerly tenanted by Circuit City and Make It Work. The company will also open a 50,000 sq.ft. store in Oxnard, CA during the fall. The company currently operates 275 markets, utilizing sites of 40,000 sq.ft. to 75,000 sq.ft. in areas with populations above 200,000 within a 20-minute drive time, nationwide throughout 38 states and Washington, DC, as well as Canada and the United Kingdom. Bojangles Restaurants, Inc. (704-940-8640), through franchisee 7 Bo of Central Florida, LLC, will open two Bojangles’ Famous Chicken ‘n Biscuits locations annually during the next four years throughout Orange, Seminole and Volusia counties in FL. The restaurants typically utilize spaces ranging from 3,000 sq.ft. to 4,000 sq.ft. The company recently opened a restaurant in Orlando during April and plans to open a site in Altamonte Springs, occupying a former Steak & Ale site, during October and a site in D M Oviedo during February 2010. page 6

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Supermarket Chains Expand Nationwide

Lease Signings Centro Properties Group (212-869-3000) signed a lease with Trader Joe’s for a 4,050 sq.ft. space expansion at Annex of Arlington, located at the intersection of Arlington Heights Road and Rand Road in Arlington Heights, IL. The tenant plans to expand from 8,910 sq.ft. to 12,960 sq.ft. The company also signed a lease with Chipotle Mexican Grill for 2,946 sq.ft. at Colonial Commons, located at the intersection of Interstate 81, Interstate 83, Jonestown Road and Colonial Commons Center Drive in Harrisburg, PA. Fameco Real Estate, LP represented the tenant in the transaction. The company also signed a lease with Five Guys Famous Burgers and Fries for 2,000 sq.ft. at The Shoppes at Cinnaminson, located at the intersection of Route 130 and Church Road/ Cinnaminson Avenue in Cinnaminson, NJ. Michael Salove Co. represented the tenant in the transaction. The company also signed a lease with Westside Musical Theatre School for 2,940 sq.ft. at Delhi Shopping Center, located at the intersection of Delhi Road and Glen Oaks Drive in Cincinnati, OH. The company also signed a lease with Perfecto Pizza for 1,241 sq.ft. at Plainview Village, located at the intersection of Interstate 64, South Hurstbourne Parkway and Linn Station Road in Louisville, KY. Venture Resource Business Brokers represented the tenant in the transaction. The company also signed a lease with Advance Auto for 8,324 sq.ft. at Brentwood Plaza, located at the intersection of Ronald Reagan Highway and Winton Road in Cincinatti, OH. Core Resources, Inc. represented the tenant in the transaction. The company also negotiated a lease with Cellular Connections for 1,600 sq.ft. at Ivyridge, located at the intersection of Ridge Avenue and Domino Lane in Philadelphia, PA. Fameco Real Estate, LP represented the tenant in the transaction. The company also negotiated a lease with Pizzeria Venti for 1,200 sq.ft. at Circle Center, located on Pope Avenue in Hilton Head, SC. Remax Island Realty represented the tenant in the transaction. Grubb & Ellis|BRE Commercial (858-5465400) negotiated a 10.5-year lease with Lotus Café for 2,675 sq.ft. on South Coast Highway 101 in Encinitas, CA. The company represented the landlord, Cornerstone Property Management, in the transaction. The company also negotiated a 10-year lease with Hooked On Sushi for 2,000 sq.ft. on El Camino Real in Carlsbad, CA. The company represented the landlord, Hughes Investments, in the transaction. The company also negotiated a five-year lease with Preferred Appliance Parts, Inc. for 1,500 sq.ft. on Twin Oaks Valley Road in San Marcos, CA. The company represented the landlord, TMACK,

LLC, in the transaction. The company also negotiated a five-year lease with Barefoot Laser Centers, Inc. for 573 sq.ft. on Regents Road in La Jolla, CA. The company represented the tenant and the landlord, Regents Court Capital Partners I, LLC c/o American Assets, in the transaction. The company also negotiated a five-year, three-month lease with Mills Communication, Inc. for an 840 sq.ft. Cricket Wireless on Third Avenue in Chula Vista, CA. The company represented the landlord, The Cardone Group, and 8949 Realty & Investments represented the tenant in the transaction. The company also negotiated a three-year lease with First Steps in Music for 1,321 sq.ft. on Shadowridge Drive in Vista, CA. The company represented the tenant and the landlord, Village Plaza at Shadowridge, in the transaction. Lakritz-Weber & Co. (248-353-9494) negotiated a lease with Mattress King for 3,000 sq.ft. at Shoppes at Orchard, located on Orchard Lake Road in West Bloomfield, MI. The company represented the tenant and the landlord, Machus Enterprises, Inc., in the transaction. The company also negotiated leases with Detroit City Skateboard for 2,000 sq.ft. and with Bee’s Dance and Skate for 2,400 sq.ft. at Tall Oaks Plaza, located at the intersection of Wayne Road and Ford Road in Westland, MI. The company represented the landlord, Savich Holdings, LLC, in the transactions. The company also negotiated a lease with Pei Wei Asian Diner for 3,000 sq.ft. at Woodwardside Plaza, located at the intersection of Woodward Avenue and Trafford Road in Royal Oak, MI. The company represented the tenant and the landlord, Metro Woodward, LLC, in the transaction. Cushman & Wakefield (407-541-4391) negotiated a five-year lease with Coco Moka Café, Inc. for 1,100 sq.ft. at The Lighthouse Plaza, located on International Drive in Orlando, FL. The company represented the landlord, GBHR Corp., in the transaction. The company also negotiated a three-year lease with Three Nenas Bakery and Deli for 1,400 sq.ft. at Ambersweet Plaza, located in Orlando, FL. The company represented the landlord, Berry Town Plaza, LLC, in the transaction. The company also negotiated a five-year lease with Sherlock’s European Café for 1,400 sq.ft. at Berry Town Center, located in Orlando, FL. The company represented the landlord, Berry Town Center, LLC, in the transaction. The company also negotiated a five-year lease renewal with Hunt Club Cleaners for 1,500 sq.ft. at The Shoppes at Hunt Club, located in Orlando, FL. The company represented the landlord in D M the transaction. www.dealmakers.net

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Lund Food Holdings, Inc. trades as Byerly’s and Lunds at 21 locations throughout MN. Byerly’s supermarkets occupy spaces of 70,000 sq.ft. and Lunds supermarkets occupy spaces of 40,000 sq.ft. in freestanding locations, urban/ downtown areas and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run 20 years with options. For more information, contact Jenifer Kent, Lund Food Holdings, Inc., 4100 West 50th Street, Suite 2100, Edina, MN 55424; 952-915-2696, Fax 952-915-2675; Email: jenifer.kent@lfhi.com. Super Valu, Inc. trades as Bigg’s at 12 locations throughout Cincinnati, OH and northern KY and as Cub Foods at 83 locations throughout IA, MN, Cincinnati, OH and WI. The supermarkets, offering groceries and hard and soft goods at discounted price points, occupy spaces of 50,000 sq.ft. to 75,000 sq.ft. in freestanding locations and power and strip centers. Growth opportunities are sought for Cub Foods throughout the upper Midwest during the coming 18 months. Typical leases run 20 years. Specific improvements are required. Preferred demographics include a population of 200,000 within five miles earning $50,000 as the average household income. A land area of seven acres is required for freestanding locations. For more information, contact Bill Buckley, Super Valu, Inc., 25 Whitney Drive, Suite 122, Milford, OH 45150; 513-576-5223, Fax 513248-9731; Email: bill.buckley@supervalu.com; Web site: www.supervalurealty.com. Grant’s Supermarket trades as Grant’s and Gray’s Marketplace at two locations in ME and NH. The supermarkets occupy spaces of 10,000 sq.ft. to 15,000 sq.ft. in strip centers and freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. The company will also consider sites as large as 25,000 sq.ft. For more information, contact Paul McGonagle, Grant’s Supermarket, PO Box 213, Glen, NH 03838-0213; 603-383-4282, Fax 603-383-4601. Remke’s Markets, Inc. trades as Remke’s Market at eight locations throughout KY and OH. The supermarkets occupy spaces of 45,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout northern KY during the coming 18 months. For more information, contact Jim Schlosser, Remke’s Markets, Inc., 1299 Cox Avenue, Erlanger, KY 41018; 859-594-3400, D M Fax 859-594-3488.

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Representing Over 4 Million Square Feet of Properties LEASING * TENANT REP * INVESTMENT SALES TRAcTOR SuPPLy PLAzA PuTNAM, cONNEcTIcuT

32,000 Square Foot Shopping center Providence Pike (Route 44) • Join Tractor Supply • 1,500 − 13,000 Square Feet Remain • Can Be Divided • Neighbors include: Stop & Shop, Sears Essentials, Wal*Mart, CVS (2009) and more • Immediate occupancy

ThE ShOPPES AT cEdAR STREET NEwINGTON, cONNEcTIcuT

Proposed Retail development 751 Russell Road at cedar Street • Hotel, Retail Pads and Retail Strip Center Proposed Development • Five Mile Radius Population: 261,982 people • 40,000 SF of Potential Retail, Retail Pads & More

EAST hAVEN ShOPPING cENTER EAST hAVEN, cONNEcTIcuT

75 North Frontage Road • 187,000 Sq. Ft. Shopping Center • Units 2,000 to 15,000 Sq. Ft. • Direct access from Exit 51 off I-95 and Boston Post Road (Route 1) • Join Home Depot, Autozone, Wendy’s, Gelvani Liquors (opening soon) and many more • Available Now!

Phone: (860) 529-9000

Fax: (860) 563-9667 www.newenglandretail.com


Representing Over 4 Million Square Feet of Properties LEASING * TENANT REP * INVESTMENT SALES LANd — ROuTE 3 ROcky hILL, cONNEcTIcuT

1.3 acres For Lease or Build to Suit • Great location for financial institution, restaurant, fast food, retailer, hotel • Signalized intersection • 23,000 vehicles per day • Zoned commercial; gas, water, sewer available • Great visibility; strong demos; surrounded by office/distributors; access to Exit 23, I-91

cOLONIAL PLAzA wATERBuRy, cONNEcTIcuT

225,000 Square Foot Shopping center Thomaston Avenue • Join Compare Foods, Dollar Dreams, Dunkin Donuts, Wendy’s, Crown Fried Chicken and more • Immediate occupancy • 832 - 34,512 Square Feet remain for lease; subdividable • Competitive rates

hAdLEy cORNER hAdLEy, MASSAchuSETTS

Russell Street (Route 9) hadley/Amherst, Massachusetts • Located on Route 9 (Russell Street) Retail Corridor. • 2,000 - 40,000 Sq. Ft. Units Available • Join Home Depot in this high traffic location • Neighbors include: Walmart, Barnes & Noble, Old Navy, Best Buy, Target, JC Penney and many more

Phone: (860) 529-9000

Fax: (860) 563-9667 www.newenglandretail.com


Real Estate Professionals Making the News Cohen Commercial Properties (212803-5774) hired Adam Mayer as director of property management. He will be responsible for overseeing management functions for properties under management throughout the northeastern U.S. Prior to joining the company, Mayer served as senior property manager for a private equity fundowned real estate management operation. The company owns and operates shopping centers and office buildings nationwide, with an emphasis on the Southeast. Marcus & Millichap Real Estate Investment Services (925-953-1716) promoted Michael Fasano, Kirk Felici and Matthew Fitzgerald to vice president. Prior to the promotion, Fasano served as regional manager of the company’s NJ office, Felici served as regional manager of the company’s Miami, FL office and Fitzgerald served as regional manager of nine of the company’s mid-market offices. The company specializes in commercial real estate investment services nationwide. Grubb & Ellis|Commercial Florida (813639-1111) named Donald Lombardi as head of tax assessment consulting services in the company’s Tampa, FL office. Prior to joining the company, Lombardi served as vice president of CB Richard Ellis and president of Lombardi Florida Land Consulting. The company also promoted Michelle Seifert to vice president of its retail services group in Tampa. Prior to the promotion, Seifert served as associate vice president of the group. Charter Realty & Development Corp. (203227-2922) formed its enclosed mall division, which will offer leasing, redevelopment, management and lending advisory services for enclosed malls throughout the eastern U.S. Peter Elliott will head the new division. Prudential Real Estate and Relocation Services, Inc. (973-802-6852) renamed its commercial brokerage franchise division to Prudential Commercial Real Estate and named Mike McLean as vice president of the division. The division provides sales, leasing, marketing, disposition and consulting services for a full range of real estate assets. The company is a real estate brokerage franchise and relocation services business representing investors, corporations, developers, small D M businesses and tenants.

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July 24, 2009

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Food Retailers Expand Nationwide Abbott’s Frozen Custard, Inc. trades as Abbott’s Frozen Custard at 46 locations throughout FL, LA, MA and NY, as well as Japan. The gourmet frozen custard and yogurt shops occupy spaces of 700 sq.ft. to 1,000 sq.ft. in freestanding locations, malls and strip centers. Growth opportunities are sought throughout the eastern U.S., with a focus on the East Coast, during the coming 18 months. Typical leases run 10 years. A vanilla shell is required. Preferred demographics include a population of 100,000 within three miles earning $75,000 as the average household income. The company is franchising. For more information, contact Robert Amico, Abbott’s Frozen Custard, Inc., 4791 Lake Avenue, Rochester, NY 14612; 585-865-7400, Fax 585-865-6034; Email: robamico@rochester.rr.com; Web site: www.abbottscustard.com. Barrett Restaurants, Inc. trades as Abington Ale House & Grill, Charlie Horse and The Tirrell Room at seven locations throughout MA. The restaurants occupy land areas of 16,000 sq.ft. to 25,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing market during the coming 18 months. The company prefers high-traffic locations with strong visibility. For more information, contact Richard Barrett, Barrett Restaurants, Inc., 1235 Bedford Street, Abington, MA 02351; 781854-6244 or 781-871-6811; Web site: www.abingtonalehouse.com. C&B Restaurant Corp. trades as KFC at 10 locations throughout NJ and NY. The fastfood restaurants occupy spaces of 2,500 sq.ft. in freestanding locations and inline spaces. Growth opportunities are sought throughout Bergen County, NJ and Rockland County, NY during the coming 18 months. For more information, contact Joseph Cavegn, C&B Restaurant Corp., 14 John Street, Stony Point, NY 10980-1912; 845-429-7504, Fax 845-429-7564; Email: jckfc10@aol.com. Eatzi’s trades as Eatzi’s Market and Bakery at one location in TX. The restaurant, offering a variety of prepared and imported foods along with coffee, seafood, beer and wine, as well as bakery, deli, floral and retail departments, prefers to occupy spaces of 7,000 sq.ft. to 15,000 sq.ft. in freestanding locations and endcap spaces in strip centers. Growth opportunities are sought throughout Dallas, TX during the coming 18 months. For more information, contact Cliff Smith or Jay Valley, Eatzi’s, 3500 Oak Lawn Avenue, Suite 215, Dallas, TX 75219; 214599-8602, Fax 214-599-8604; Web site: www.eatzis.com.

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Five Guys Famous Burgers and Fries operates 400 locations nationwide. The restaurants occupy spaces of 2,000 sq.ft. to 3,000 sq.ft. in freestanding locations, urban/downtown areas and lifestyle and strip centers. Growth opportunities are sought throughout northern DE, southern NJ and the Philadephia, PA metropolitan area during the coming 18 months, with representation by Michael Salove Co. Typical leases run 10 years. For more information, contact Stanton Brown, Michael Salove Co., 1700 Market Street, 17th Floor, Philadelphia, PA 19103; 215-568-2600 Ext. 12, Fax 215-568-2666; Email: sbrown@salove.com; Web site: www.salove.com. Pizza Fusion operates 23 locations throughout AZ, CA, CO, FL, GA, NJ, PA, VA and WA. The fast-casual restaurants, offering a 75%-organic menu featuring gourmet pizza, sandwiches, salads, beer and wine, occupy spaces of 1,600 sq.ft. to 1,800 sq.ft. in lifestyle and neighborhood centers. Growth opportunities are sought throughout Arlington Heights, Evanston, North Shore, Palatine and Schaumburg, IL during the coming 18 months, with representation by Baum Realty Group. For more information, contact Jennifer Watson or Phil Baugh, Baum Realty Group, 1030 West Chicago Avenue, Suite 200, Chicago, IL 60642; 312-275-3128/3102, Fax 312-666-7970; Email: jennifer@baumrealty.com; Web site: www.baumrealty.com. Bill Gray’s, Inc. trades as Bill Gray’s Restaurants and Tom Wahl’s at 24 locations throughout NY. The quick-service restaurants, offering burgers, fries, steaks and seafood, occupy spaces of 6,000 sq.ft. to 7,000 sq.ft. in freestanding locations, malls and strip centers. Growth opportunities are sought throughout Rochester and Syracuse, NY during the coming 18 months. Typical leases run five to 10 years with options. Preferred demographics include a population of 65,000 within five miles earning $40,000 as the average household income. For more information, contact John Gonzalez, Bill Gray’s, Inc., 964 Ridge Road, Webster, NY 14580; 585-787-0150 Ext. 107, Fax 585-787-0816; Web site: D www.billgrays.com. M

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Representing Over 4 Million Square Feet of Properties LEASING * TENANT REP * INVESTMENT SALES cOPAcO ShOPPING cENTER BLOOMFIELd, cONNEcTIcuT

450,000 Square Foot center is Expanding cottage Grove Road (Route 218) • Join Lowe’s, Stop & Shop, Burlington Coat, IHOP, Dollar Tree, McDonald’s, CVS Pharmacy, Eblens and many more • 15,000 Square Foot Expansion of Power Center • 1 Outparcel Remaining for Lease and 3,000 to 6,000 Sq. Ft. available for lease

GOFF BROOk ShOPPES wEThERSFIELd, cONNEcTIcuT

71,000 Square Foot Shopping center on Rt 99/Silas deane hwy • 1,200 - 8,000 Sq. Ft. Remaining for Lease (subdividable) & a 5,000 Sq. Ft. Pad Site • Servicing the Wethersfield, Rocky Hill, Cromwell and Glastonbury areas • Join Office Depot, Hometown Buffet, Sapporo, Cosmo Prof and many more

GATEwAy ShOPPING PLAzA MANchESTER, cONNEcTIcuT

deming Street (Buckland hills Area) Exit 63 off Interstate 84 • 2,000 - 7,000 Square Feet Available in a 51,472 Square Foot Retail Strip Center • Join Applebees, Panera Bread, Walgreens, FedEx Kinkos, Aspen Dental and more • Prime location in major retail corridor — neighbors include Buckland Hills Mall, DSW, AC Moore, Raymour & Flanigan & more

Phone: (860) 529-9000

Fax: (860) 563-9667 www.newenglandretail.com


Lead Sheet Forman Mills, Inc. dba Forman Mills Rick Forman 1070 Thomas Busch Memorial Highway Pennsauken, NJ 08110 856-486-1447, Fax 856-488-9641 Web site: www.formanmills.com

Apparel The 25-unit chain operates locations throughout DE, MD, MI, NJ, NY and PA. The stores, offering discounted family apparel, occupy spaces of 40,000 sq.ft. to 60,000 sq.ft. in freestanding locations, strip centers and urban/downtown areas. Growth opportunities are sought throughout the existing markets during the coming 18 months.

Limited Brands dba La Senza Kim Menz 3 Limited Parkway Columbus, OH 43230 Fax 614-415-7450 Web site: www.limitedbrands.com

Apparel The 318-unit chain operates locations throughout Canada. The stores, offering intimate apparel, fragrances and accessories, occupy spaces of 3,500 sq.ft. in malls, streetfronts and specialty centers. Growth opportunities are sought throughout select markets in Canada during the coming 18 months.

Books-A-Million, Inc. dba Books-A-Million Sharon Sprague 402 Industrial Lane Birmingham, AL 35211 205-942-3737, Fax 205-942-2147 Email: spragues@bamm.com Web site: www.booksamillioninc.com

Books The 220-unit chain operates locations throughout AL, AR, FL, GA, IL, IN, KS, KY, LA, MD, MS, MO, NB, NC, OH, OK, SC, TN, TX, VA, WV and Washington, DC. The bookstores occupy spaces of 12,000 sq.ft. to 15,000 sq.ft. in malls and power centers. Growth opportunities are sought throughout the eastern half of the U.S. during the coming 18 months. Typical leases run 10 years with options. Preferred demographics include a population of 50,000 within a five-mile radius earning $60,000 as the average household income. Specific improvements and a turnkey are required. The company prefers to locate in centers with GLAs between 500,000 sq.ft. and two million sq.ft.

Praxis Bookstore Group dba Little Professor Book Center and Little Professor Book Co. John Glazer PO Box 218 Athens, OH 45701 800-899-6232 Email: lpbchome@aol.com Web site: www.littleprofessor.com

Books The 20-unit chain operates locations throughout AL, CO, MD, MI, MN, NJ, OH and SD. The bookstores occupy spaces of 3,000 sq.ft. to 10,000 sq.ft. in downtown areas and power and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run seven years. Preferred demographics include a population of 40,000 within a 10-mile radius earning $35,000 as the average household income. The company is franchising.

Nebraska Book Co., Inc. Robert Rupe and Mark Oppegard PO Box 80529 Lincoln, NE 68501 402-421-7300, Fax 402-421-0507 Web site: www.nebook.com

Books The 277-unit chain operates locations nationwide under various trade names. The bookstores occupy spaces of 2,000 sq.ft. to 4,000 sq.ft. near college campuses. Growth opportunities are sought throughout the existing market during the coming 18 months.

Erwin Distributing Co., Inc. dba Card & Party Factory and Wally’s Party Factory Walter Erwin and Wilson Erwin PO Box 1419 Ennis, TX 75120 972-875-6971, Fax 972-875-6977

Cards The 31-unit chain operates locations throughout OK and TX. The stores 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 and LA during the coming 18 months.

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Lead Sheet Capital Stationers, Inc. dba Capital Stationers Kent Bigglestone 54 Main Street Montpelier, VT 05602 802-223-2393, Fax 802-223-1546 Email: capstat@gmail.com

Cards The two-unit chain operates locations in VT. The stores, offering cards and gifts, occupy spaces of 3,000 sq.ft. to 4,000 sq.ft. in malls and downtown areas. Growth opportunities are sought throughout the existing market during the coming 18 months. Preferred demographics include a population of 15,000 to 20,000 within a half-hour drive time. The company is very site selective.

Kroger dba Turkey Hill Minit Markets William Weisser, Jr. 257 Centerville Road Lancaster, PA 17603 717-299-8908, Fax 717-299-0519 Email: bill.weisser@minitmarkets.com

Convenience The 240-unit chain operates locations throughout PA. The convenience stores, with gasoline facilities, occupy spaces of 4,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout eastern PA during the coming 18 months. Typical leases run 15 years with six, five-year options. A minimum land area of 50,000 sq.ft. is required. The company prefers to acquire sites but will consider ground leases.

Walgreens Blaine Bush c/o Strategic Retail Advisors 3990 Westerly Place, Suite 230 Newport Beach, CA 92660 949-640-6678 Ext. 18, Fax 949-748-8088 Email: blaine@strategicretailadvisor.com Web site: www.strategicretailadvisor.com

Drug Store The 5,800-unit chain operates locations nationwide. The drug stores occupy spaces of 15,000 sq.ft. in freestanding locations and endcap spaces with a drive-thru. Growth opportunities are sought throughout Orange and Riverside counties in CA during the coming 18 months, with representation by Strategic Retail Advisors. Preferred cotenants include grocery stores. A land area of 60,000 sq.ft. is required for freestanding locations.

The Cellular Connection Anthony Campagni or Allen Joffe c/o Baum Realty Group 1030 West Chicago Avenue, Suite 200 Chicago, IL 60642 312-275-3105/3120 Emails: anthony@baumrealty.com and allen@baumrealty.com Web site: www.baumrealty.com

Electronics The 247-unit chain operates locations throughout IL, IN, IA, KY, MI, MN, MO, OH, PA, WV and WI. The stores, selling Dish Network and Verizon Wireless services and equipment, occupy spaces of 1,500 sq.ft. in lifestyle, power and strip centers. Growth opportunities are sought throughout Munster, IN during the coming 18 months, with representation by Baum Realty Group.

LA Fitness Brian Schuster c/o Ripco Real Estate 420 Jericho Turnpike, Suite 100 Jericho, NY 11753 516-933-8880, Fax 516-933-2514 Email: bschuster@ripcony.com Web site: www.ripcony.com

Fitness The 225-unit chain operates locations nationwide. The health and fitness clubs occupy spaces of 35,000 sq.ft. to 80,000 sq.ft. in freestanding locations, urban/downtown areas and power and strip centers. Growth opportunities are sought throughout central and northern NJ and NY during the coming 18 months, with representation by Ripco Real Estate. The company will consider multi-level locations.

Supercuts Brian Nadler c/o National Commercial Brokers 75 Second Avenue, Suite 315 Needham, MA 02494 Email: brian@nationalcommercial.com Web site: www.supercuts.com

Hair The 2,000-unit chain operates locations nationwide and throughout Canada and Puerto Rico. The hair salons occupy spaces of 900 sq.ft. to 1,200 sq.ft., utilizing both inline and endcap spaces in shopping centers. Growth opportunities are sought throughout MA, ME, NH, RI and VT during the coming 18 months, with representation by National Commercial Brokers. The company prefers to locate in grocery-anchored centers.

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Lead Sheet Great Clips, Inc. dba Great Clips Doug Pemberton 1112 West Arrowlake Court Indian Land, SC 29707 803-396-2761, Fax 803-396-2762 Email: doug.pemberton@greatclips.com Web site: www.greatclips.com

Hair The 2,760-unit chain operates locations nationwide. The hair salons occupy spaces of 900 sq.ft. to 1,200 sq.ft. in lifestyle, neighborhood and power centers as well as outparcels. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run five years with two, five-year options. Preferred demographics include a population of 30,000 within a three-mile radius earning $45,000 as the average household income.

Stokes, Inc. dba Stokes, Fenton Gourmet and Think Kitchen Stuart Shiveck 5660 Ferrier Street Montreal, Quebec, Canada H4P 1M7 514-341-4334, Fax 514-341-1081 Email: sshiveck@stokesonline.com Web site: www.stokesstores.com

Housewares The 108-unit chain operates locations throughout Canada. The stores, offering tabletop and giftware products including dinnerware, flatware, stemware/drinkware, serveware, barware, fondue items, coffee and tea, dĂŠcor and candles and lighting, occupy spaces of 1,500 sq.ft. to 4,000 sq.ft. in malls and lifestyle, power and specialty centers. Plans call for eight to 12 openings throughout the existing market during the coming 18 months.

Cartridge World Americas dba Cartridge World Jake Brown 6460 Hollis Street Emeryville, CA 94608 510-594-9900 Email: jbrown@cartridgeworld.com Web site: www.cartridgeworldusa.com

Specialty The 650-unit chain operates locations nationwide. The stores, offering ink and laser printer cartridges, occupy spaces of 800 sq.ft. to 1,400 sq.ft. in suburban shopping centers. Growth opportunities are sought throughout the existing market as well as Canada and Mexico during the coming 18 months. The company prefers to locate in grocery-anchored centers with high visibility and traffic counts.

Road Runner Sports Brian Katz c/o Katz & Associates One Blue Hill Plaza, Suite 1440 Pearl River, NY 10965 845-735-6666, Fax 845-735-6680 Email: briankatz@dkatz.com Web site: www.roadrunnersports.com

Sporting Goods The 22-unit chain operates locations throughout AZ, CA, CO, IL, MD, NJ, OH, OR, VA and WA. The stores, offering running shoes, apparel and accessories, occupy spaces of 5,000 sq.ft. to 8,000 sq.ft. in freestanding locations, urban/downtown areas and lifestyle, power and strip centers. Growth opportunities are sought throughout AZ, CA, CO, IL, MD, NJ, NY, VA and WA during the coming 18 months, with representation by Katz & Associates.

Liberty Travel, Inc. dba Liberty Travel Ron Mollozzi 69 Spring Street Ramsey, NJ 07446 201-934-3525 Web site: www.libertytravel.com

Travel The 165-unit chain operates locations throughout CA, CT, DE, FL, the Chicago, IL metropolitan area, MA, MD, NH, NJ, NY, PA, RI, VA and Washington, DC. The travel agencies occupy spaces of 800 sq.ft. to 1,200 sq.ft. in lifestyle centers, regional malls and urban/downtown areas. Plans call for five openings throughout CT, the Chicago, IL metropolitan area, MA and NY during the coming 18 months. Typical leases run five years. A turnkey is required. Preferred demographics include a population of 150,000 within a five-mile radius earning $60,000 as the average household income. Preferred cotenants include restaurants, Pier 1 Imports, Barnes & Noble and Bed Bath & Beyond.

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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Hoover – Chace Landing, a 13,310 sq.ft. strip center situated on 1.96 acres at the intersection of U.S. Highway 31 and Data Drive, has a 4,428 sq.ft. space available along with two spaces of 1,219 sq.ft. Five Guys Famous Burgers and Fries anchor the center. Area retail includes Best Buy, Hobby Lobby, Jim ‘n Nick’s Bar-B-Q, Taziki’s Greek Fare, Baha Burger, Riverchase Galleria, featuring Macy’s, Belk, Sears, JCPenney and Home Depot, and Patton Creek, featuring Dick’s Sporting Goods, Rave Motion Pictures, DSW and Rooms to Go. Area demographics include a population of 103,119 within five miles earning $86,934 as the average household income. The average daily traffic count is 38,120 vehicles. For details, contact Parrish Taylor, Harbert Realty Services, 2 North 20th Street, Suite 1700, Birmingham, AL 35213; 205-323-2020, Fax 205-323-2026; Email: ptaylor@harbertrealty.com; Web site: www.harbertrealty.com.

spaces available of 1,200 sq.ft.; 1,393 sq.ft.; 3,400 sq.ft. and 15,000 sq.ft. Cotenants include Performance Edge Dance, Café Bella Sera and Japango Sweet & Sassy. Royal Palm Beach – A 12,400 sq.ft. building located on Business Park Way is available. Sarasota – Town and Country, a 99,341 sq.ft. center located on North Beneva Road, has spaces available of 800 sq.ft.; 968 sq.ft.; 1,600 sq.ft. and 5,000 sq.ft. Sweetbay Supermarket anchors the center and cotenants include Sherwin Williams and Florida Ballet. Wilton Manor – Shoppes at Wilton Manors, a

75,879 sq.ft. center located on Wilton Manor Drive, has spaces available from 15,000 sq.ft. to 30,000 sq.ft. Cotenants include Island City Fitness, Georgie’s Alibi and Boom. For details, contact Shary Thur or Jon Cashion, Thur & Associates, 499 East Palmetto Park Drive, Suite 221, Boca Raton, FL 33432; 703-847-0865 or 561-395-2441; Emails: sthur@thurassociates.com and jcashion@thurassociates.com; Web site: www.thurassociates.com.

Montgomery – A 7,506 sq.ft. former Hollywood Video situated on 0.92 acres on East South Boulevard is available. Area demographics include a population of 134,434 within five miles earning $40,035 as the median household income. The average daily traffic count is 45,650 vehicles. Also, a 6,400 sq.ft. former El Mariachi Restaurant situated on 1.33 acres on Eastern Boulevard is available. Area retail includes Wal*Mart Supercenter, Marshalls, Verizon Wireless and Donnie’s Home Cooking. Area demographics include a population of 61,281 within three miles earning $61,524 as the average household income. For details, contact Robert Long, Aronov Commercial Division, 3500 Eastern Boulevard, Montgomery, AL 36116; 334277-1000, Fax 334-272-2279; Email: robert.long@aronov.com; Web site: www.aronovcommercial.com.

Florida Boca Raton – Boca Valley Plaza, a 61,758 sq.ft. center, has spaces available of 1,076 sq.ft.; 1,106 sq.ft.; 1,400 sq.ft.; 2,597 sq.ft.; 2,824 sq.ft. and 3,400 sq.ft. Publix anchors the center and cotenants include Fitness for Women, Blockbuster Video, Seasons in the Sun and Leader’s Casual Furniture. Also, A 25,000 sq.ft. center located on Glades Road has space available. Also, a 5,000 sq.ft. freestanding building located on North Federal Highway is available. Parkland – Riverstone Shoppes at Parkland, a 121,270 sq.ft. center located on State Road 7, has

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The best of both worlds! Urstadt Biddle Properties Inc. is the dominant grocery-anchored shopping center owner in the Westchester/Fairfield County markets. We currently have big box availabilities in:

NEW YORK

CONNECTICUT

THE DOCK SHOPPING CENTER Stratford

THE SHOPPES @ EASTCHESTER Scarsdale

16,000 SF Available

12,703 SF Anchor Space Available

269,000 SF Total GLA

70,000 SF Total GLA

Located near the new BJ’s Wholesale Club. Join Petco and Staples.

Food Emporium anchored center. High visibility on White Plains Road (Route 22).

UBP owns 43 properties containing over 3.8 million square feet. For leasing information, contact Linda Lacey x202. For acquisition information, contact Jim Aries x224.

321 Railroad Avenue • Greenwich, CT 06830 203-863-8200 • Fax: 203-861-6755 • www.ubproperties.com

UBA UBP

Listed

Visit us at C-160 L Street at RECon 2009!

The best of both worlds! Urstadt Biddle Properties Inc. is the dominant grocery-anchored shopping center owner in the Westchester/Fairfield County markets. We currently have big box availabilities in:

CONNECTICUT

www.dealmakers.net

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THE DOCK SHOPPING CENTER Stratford

NEW YORK

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THE SHOPPES @ EASTCHESTER Scarsdale


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Coconut Creek – Coral Creek Shops, located on North State Road 7, has spaces available from 975 sq.ft. to 3,900 sq.ft. Publix anchors the center and cotenants include Dunkin’ Donuts, Carlucci’s Italian Bistro, Allstate Insurance, Young Minds Learning Center, Head to Tail Grooming, Vi’s Nail Salon, Advance Auto, Dance Theatre School, AT&T Mobility, Bagel Café, Eyes R Us, Coral Creek Liquors, Firehouse Subs, The UPS Store, Male Image Barber Shop, Elite Tanning, Creek Cleaners, GNC and Bank of America. Area retail includes Blockbuster Video, Kohl’s, Wal*Mart, Starbucks and SunTrust Bank. Area demographics include a population of 300,838 within five miles earning $89,007 as the average household income. The average daily traffic count is 53,500 vehicles. Davie – Shenandoah Square, located on West State Road 84, has spaces available from 900 sq.ft. to 12,000 sq.ft. Publix anchors the center and cotenants include Walgreens along with BB&T Bank and Tire Kingdom occupying outparcels. Area demographics include a population of 221,770 within five miles earning

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Florida

Georgia

$95,155 as the average household income. The average daily traffic count is 50,000 vehicles. West Palm Beach – Palm Beach Marketplace, a 56,000 sq.ft. center located on Okeechobee Boulevard, has spaces available from 667 sq.ft. to 5,126 sq.ft. Cotenants include Thai Bay, Boynton Billiards, West Marine, FL Rent Finders, Flash Photo, Coastal Fitness, Special Occasions Couture Inc., Nick’s Diner, LensCrafters, Aleyda’s and Solantic. Area demographics include a population of 225,508 within five miles earning $64,691 as the average household income. The average daily traffic count is 55,000 vehicles. For details, contact Cohen Commercial, 5041 Okeechobee Boulevard, West Palm Beach, FL 33417; 561-4711299, Fax 561-471-5905; Email: info@cohencommercial.com; Web site: www.cohencommercial.com.

a population of 785,648 within 10 miles earning $90,063 as the average household income. The asking rent ranges from $15 psf to $16 psf. Gainesville – Regions Plaza, located at the intersection of Dawsonville Highway 53 and McEver Road, has space available. Area retail includes Kohl’s, Publix and Home Depot. Area demographics include a population of 117,255 within seven miles earning $63,814 as the average household income. The average daily traffic count is 30,290 vehicles. Lawrenceville – River Exchange, located at the intersection of Riverside Parkway and Highway 120, has anchor spaces available of 15,578 sq.ft.; 21,536 sq.ft.; 23,419 sq.ft. and 36,000 sq.ft. Kroger and Farmers Furniture anchor the center. Cotenants include Hibbett Sporting Goods, Cato/Cato Plus, Jen’s Hallmark, Subway, AT&T Mobility and Blockbuster Video. Area demographics include a population of 359,217 within seven miles earning $78,454 as the average household income. The average daily traffic count is 42,870 vehicles. For details regarding the Duluth property, contact Kathy Thirolf, Wheeler/Kolb

Georgia Duluth – Gwinnett Place Mall, located on Ring Road, has outparcels available from 0.7 acres to 1.3 acres. Area demographics include

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Georgia

Michigan

North Carolina

Management Co., 3525 Mall Boulevard, Suite 5-AA, Duluth, GA 30096; 770476-4801, Fax 770-497-8811; Email: kthirolf@mail.com; Web site: www.wheelerkolb.com. For details regarding the Gainesville property, contact Jackie Kidd or Lara Bargar; Emails: jackie@wheelerkolb.com and lara@wheelerkolb.com. For details regarding the Lawrenceville property, contact Ron Ficzko; Email: ron@wheelerkolb.com.

Caro – Caro Centre, a 71,728 sq.ft. center located on State Route 81/West Caro Road, has an 8,556 sq.ft. space available. Goodwill Industries and Peebles anchor the center. Cotenants include Caro Ace Hardware, Family Dollar, Fashion Bug, RentWay, China Buffet, Grondin’s and GNC. Area demographics include a population of 10,526 within five miles earning $47,311 as the average household income. The average daily traffic count is 30,000 vehicles. Also, Sugarcreek Plaza, a 43,201 sq.ft. neighborhood center located on Cameron Road, has a 0.82-acre outlot available. Tractor Supply Co. and Save-A-Lot anchor the center. Area demographics include a population of 20,416 within 10 miles earning $48,548 as the average household income. The average daily traffic count is 30,000 vehicles. For details, contact Joe Del Balso, Paran Management Co., Ltd., 2720 Van Aken Boulevard, Suite 200, Cleveland, OH 44120; 216-921-5663 or 800-888-5663; Email: jdelbalso@paranmgt.com; Web site: www.paranmgt.com.

Promenade, a 362,945 sq.ft. center situated on 35.94 acres at the intersection of Pleasant Valley Road and U.S. Highway 70/Glenwood Avenue, has spaces available from 1,200 sq.ft. to 7,374 sq.ft. Golfsmith, Bed Bath & Beyond, Ross Dress for Less and Gold’s Gym anchor the center. Cotenants include Learning Center of Raleigh, Salon Farooz, Royal Indian Express, Frame Warehouse, Electric Beach, Household Finance, Schiano Pizza, Bruegger’s Bagels, Salon Nails, Supercuts, Kast-A-Way, Smoothie King, Play It Again Sports, Starbucks, Healthy Back, GNC, Sprint, Boater’s World, Step to Gold International, Visionworks, Sedona, New Balance, Gingiss Formalwear, Sally Beauty Supply, Luxor Day Spa, Blossom Shop, Monkey Joe’s, Dollar Tree, OfficeMax, Kirkland, Jones New York and Nine West. Area demographics include a population of 155,016 within five miles earning $84,426 as the average household income. The average daily traffic count is 49,000 vehicles. For details, contact Scott Podolsky, Kimco Realty, 6278-201 Glenwood Avenue, Raleigh, NC 27612; 919-791-3611; Email: spodolsky@kimcorealty.com.

Illinois Arlington Heights – Town & Country Center, a 329,849 sq.ft. center located at the intersection of Palatine Road, Rand Road and Arlington Heights Road, has spaces available of 1,200 sq.ft. and 1,333 sq.ft. along with a 3,832 sq.ft. pad site. Dick’s Sporting Goods, Best Buy, Marshalls, Dominick’s, Jo-Ann Fabrics, Ashley Furniture and Walgreens anchor the center. Cotenants include Visionworks, Old Country Buffet, Catherines, Sally Beauty Supply and Great Clips, along with Harris Bank and Burger King occupying outlots. Area demographics include a population of 317,270 within five miles earning $88,651 as the average household income. For details, contact Visconsi Cos., Ltd., 360 Corporate Circle, 30050 Chagrin Boulevard, Pepper Pike, OH 44124; 216-464-5550; Web site: www.visconsi.com. Barrington – Barrington Station, a 5,803 sq.ft. center located at the intersection of Route 14/Northwest Highway and Klingenberg Lane, has a 1,530 sq.ft. space available. Cotenants include Starbucks and The Bedding Experts. Area demographics include a population of 97,744 within five miles earning $161,856 as the average household income. The average daily traffic count is 25,500 vehicles. Schaumburg – The Shops at Copley Center, a 65,864 sq.ft. center located on east Golf Road, has spaces available from 2,370 sq.ft. to 18,218 sq.ft. Cotenants include More Than Memories, Scottrade, HIP Salon, Adecco, Gilkey Window Co., Fred Fox Studios and Yu’s Mandarin Restaurant. Area demographics include a population of 244,571 within five miles earning $106,130 as the average household income. The average daily traffic count is 41,000 vehicles. For details, contact Amy Levin, GK Development, Inc.; 847-277-9367; Web site: www.gkdevelopment.com.

North Carolina Durham – Oakcreek Village, a 116,186 sq.ft. center situated on 13.12 acres at the intersection of U.S. Highway 15-501 and Garrett Road, has spaces available of 3,200 sq.ft.; 4,000 sq.ft. and 5,600 sq.ft. along with two spaces of 1,600 sq.ft. and a 7,034 sq.ft. pad site. T.J. Maxx and Jo-Ann Fabrics anchor the center. Cotenants include Better Sleep Store, Lee Nails, Frame Warehouse, Hold Your Own, GameStop, Dots, CiCi’s Pizza, Davidson Beauty, Formal Menswear, Durham Beauty Academy, Team Wireless, Outdoord Bird, Japan Express and Subway. Area demographics include a population of 136,503 within five miles earning $70,071 as the average household income. The average daily traffic count is 49,200 vehicles. Morrisville – Park Place Shopping Center, a 166,474 sq.ft. center situated on 24.22 acres on Chapel Hill Road/NC 54, has spaces available of 995 sq.ft.; 1,500 sq.ft. and 3,200 sq.ft. Food Lion, Carmike Cinemas and a future Stein Mart anchor the center. Cotenants include Amante Pizza, Dollar Tree, RadioShack, Danny’s BBQ, Supercuts, Cookies By Design, Carolina Taylor, Qwik Pack & Ship, Eastern Chinese Restaurant, Ann Nails, State Farm Insurance and Bear Rock Café. Area demographics include a population of 129,533 within five miles earning $90,636 as the average household income. The average daily traffic count is 31,000 vehicles. Raleigh – Pleasant Valley www.dealmakers.net

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Elkin – Ridgeview Crossing, located at the intersection of U.S. Highway 21 Business and Brookfall Dairy Road, has a 110,078 sq.ft. space available along with outlots of 0.4 acres and 1.07 acres. Ingles and Belk anchor the center. Area demographics include a population of 35,350 within 10 miles earning $47,831 as the average household income. For details, contact Ramco Gershenson, Inc., 31500 Northwestern Highway, Suite 300, Farmington Hills, MI 48334; 248-3509900; Web site: www.rgpt.com.

Ohio Tiffin – Westgate, a 248,000 sq.ft. center, has spaces available from 1,400 sq.ft. to 29,631 sq.ft. Peebles and Staples anchor and Kroger shadow-anchors the center. Cotenants include First Choice Hair Cutters, Shoe Sensation, T.J. Willies, Westgate Barber, Happy Garden Restaurant, Tiffin Bake Shop, Sherwin Williams, Dollar Tree, American General Finance, Rent-A-Center, Head Shed, Advance America and Coldwell Banker. Area demographics include a population of 23,598 within five miles earning $51,235 as the average household income. For details, contact Visconsi Cos., Ltd., 360 Corporate Circle, 30050 Chagrin Boulevard, Pepper Pike, OH 44124; 216-464-5550; Web site: www.visconsi.com.

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Audubon – Audubon Village Shopping Center, located on Audubon Village Drive, has spaces available from 2,833 sq.ft. to 10,100 sq.ft. Genuardi’s anchors the center and cotenants include The Whipporwill Works, Verizon Wireless, Beltone Hearing Center, Citizens Bank, Panda Restaurant, Schuylkill Valley Sports, The UPS Store, The Ark, Century 21, Dansarts Studio, Citizens Bank, Chesterbrook Academy, State Farm Insurance, Nathan’s, Brusters Ice Cream, Solar Nails & Spa, Audubon Ale House, Carol Ruby and PNC Bank. Area retail includes Home Depot, Wal*Mart, Giant and The Marketplace at Oaks, featuring Target, The Dump, Regal Cinemas and Lowe’s Home Improvement. Area demographics include a population of 34,216 within three miles earning $89,773 as the average household income. Feasterville – Bucks Crossing, located at the intersection of Street Road and Bustleton Pike, has a 5,325 sq.ft. space available. Acme and T.J. Maxx anchor the center. Cotenants include Petco, Fashion Bug and Wachovia. Area retail includes

Pennsylvania

Pennsylvania

Michaels, Dollar Tree, David’s Bridal, King’s Buffet, The UPS Store, Cold Stone Creamery, Great Clips, Panera Bread, Five Below, Starbucks, Pier 1 Imports and Feasterville Plaza, featuring OfficeMax and Genuardi’s. Area demographics include a population of 227,066 within five miles earning $72,584 as the average household income. The average daily traffic count is 54,000 vehicles. Levittown – Village of Pennbrook, located on Mill Creek Road, has a 4,100 sq.ft. restaurant space available. Area retail includes 7-Eleven, Dunkin’ Donuts and Long John Silvers. Area demographics include a population of 59,381 within three miles earning $61,372 as the average household income. For details regarding the Audubon property, contact Matt Ryan or Jay Gordon, Legend Properties, Inc., 1001 East Hector Street, Suite 120, Conshohocken, PA 19428; 610-941-4034, Fax 610-9414038; Emails: mryan@lpre.com and jgordon@lpre.com; Web site: www.lpre.com. For details regarding the Feasterville property, contact Matt Ryan or Ted Leonard; Email: tleonard@lpre.com.

For details regarding the Levittown property, contact Bryan Perchick; Email: bperchick@lpre.com.

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South Carolina Central – Shoppes @ Central, a 9,300 sq.ft. center, has spaces available from 900 sq.ft. to 1,300 sq.ft. Wal*Mart Supercenter shadow-anchors the center. Area draws include Clemson University. The asking rent is $17 psf. Easley – Shoppes at Easley, a 128,998 sq.ft. center situated on 21 acres, has space available. North Charleston – Corners at Centre Pointe has a 2,280 sq.ft. space available. A future Wal*Mart Supercenter and a future Sam’s Club anchor the center. For details regarding the Easley property, contact Neil Wilson, RealtyLink, LLC, 14 South Main Street, 2nd Floor, Greenville, SC 29601; 864-242-4008 Ext. 13, Fax 864-2320160; Email: nwilson@realtylinkdev.com; Web site: www.realtylinkdev.com. For details regarding the remaining properties, contact Adam Chandler; 864-242-4008 Ext. 16; Email: achandler@realtylinkdev.com. DM

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CURRENT NEIGHBORHOOD SHOPPING CENTER DEVELOPMENTS Publix at Bison Trail / NWC Big Station Camp Blvd & Bison Trail / Gallatin, Tennessee / 78,588 SF Market at Salem Cove / NEC HWY 99 & St. Andrews Drive / Murfreesboro, Tennessee / 88,656 SF Market at Victory Village / SEC HWY 96 & Rucker Lane / Murfreesboro, Tennessee / 88,500 SF McKay’s Mill Village Center / NWC Liberty Pike & Oxford Glen Drive / Franklin, Tennessee / 68,593 SF Smyrna Crossings / SWC SR 212 & SR 138 / Conyers, Georgia / 82,890 SF Stoneybrook West Village I & II / NE & SE Corner CR 545 & Stoneybrook West Pkwy / Winter Garden, Florida / 106,046 SF In addition, Barclay Group has exciting leasing opportunities in 6 states including Arizona, Colorado, Florida, Georgia, Tennessee and Texas.


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