Reporting The Nation’s Weekly News on Retailing & Retail Real Estate Volume XXVIII No. XXVIII
July 26, 2013
FEATURING apparel Chains Expand Nationwide The Cato Corp. trades as Cato at 1,000 locations nationwide throughout 31 states. The stores, offering value-priced women’s apparel, footwear and accessories, occupy spaces of 4,000 sq.ft. to 4,200 sq.ft. in strip centers. Growth opportunities are sought throughout southeastern FL during the coming 18 months, with representation by The Rotella Group, Inc. Preferred cotenants include Target and Walmart. For more information, contact Steve Miller, The Rotella Group, Inc., 3300 North Federal Highway, Suite 200, Ft. Lauderdale, FL 33306; 954-568-9015, Fax 954-5689597; Web sites: www.rotellagroup.com and www.catofashions.com. Dress Code operates seven locations throughout AL, GA, MS and TN. The stores, offering women’s apparel, footwear and accessories, occupy spaces of 4,000 sq.ft. to 6,000 sq.ft. in freestanding locations, strip centers and urban/ downtown areas. Growth opportunities are sought throughout the existing markets, in addition to FL, LA and SC, during the coming 18 months. Typical leases run three to five years. A vanilla shell is required. The company will also consider locating in second generation spaces. For more information, contact Steven Suchik, Dress Code, 1735 Defoor Place, Atlanta, GA 30318; 404-351-1777, Fax 404-355-7029; Email: steven@dresscodewarehouse.com; Web site: www.dresscodewarehouse.com.
Country Visions trades as Apricot Lane Boutique at 88 locations throughout AK, AR, CA, CO, CT, FL, ID, IL, IN, KS, KY, LA, MI, MO, MN, MS, MT, NC, ND, NJ, NY, OH, OK, PA, TN, TX, UT, VA, WA and WV. The stores, offering upscale women’s apparel accessories and gift items, occupy spaces of 1,500 sq.ft. to 3,000 sq.ft. in malls, lifestyle and power centers, as well as urban/downtown areas. Growth opportunities are sought nationwide during the coming 18 months. Typical leases run five years with a five-year option. A vanilla shell is required. The company is franchising. For more information, contact Terry Odneal, Country Visions, 3333 Vaca Valley Parkway, Suite 700, Vacaville, CA 95688; 707-4516890 Ext. 106, Fax 707-451-0410; Email: realestate@apricotlaneusa.com; Web site: www.apricotlaneusa.com. Louie’s Cos., Inc. trades as Louie’s Tux Shop at 14 locations throughout central and northern IN. The stores, offering men’s formal wear, occupy spaces of 1,000 sq.ft. to 1,600 sq.ft. in malls and lifestyle centers. Growth opportunities are sought throughout Indianapolis, IN and the surrounding suburbs during the coming 18 months. Typical leases run 10 years. For more information, contact Tom Buczynski, Louie’s Cos., Inc., 716 Lincoln Way West, South Bend, IN 46616; 574-234-1061, Fax 574-234-1448. (continued on page eight)
This issue contains information on: • Retailers operating 37,893 locations with plans to open 2,347 sites • Real estate valued in excess of $190 million to be bought, sold & financed • Leasing activity on over 4.2 million sq.ft. of retail properties s Postmaster: Periodical New nt a te rt di Impo se Expe Plea
national focus New Construction Skilken preleasing Walmart center in Chicago, IL................... Pg. 4 Buyers & Sellers Henry S. Miller Brokerage LLC marketing pad sites in TX............ Pg. 5 Food Chains Expand Tupelo Honey Café plans to open 10 to 12 restaurants........... Pg. 6 Who’s Opening & Where Urban Outfitters to open mega store in New York City............... Pg. 7 Lease Signings De Rito Partners, Inc. brokers deals throughout AZ................... Pg. 8 Courtelis signs lease with Hobby Lobby in Naples, FL.................... Pg. 8 Lead Sheet OneClick Apple Specialists opening 3 units in FL.................. Pg. 10 Hibbett Sports to enter MI and MO............................................ Pg. 12 Space Place................................ Pg. 14 Exclusives Western Retail Advisors reps Elite Sports Authority in multistate territory.............................. Pg. 14 Making the News Wells net Lease Group taps talent for the west coast........................ Pg. 15 Sources of Financing Meridian Capital places shopping centers loans in CA, CO, IL and MD............................................. Pg. 15