Reporting The Nation’s Weekly News on Retailing & Retail Real Estate
Volume XXVII No. XXVIII
July 27, 2012
Home-Related Chains Expand Nationwide Warehouse Home Furnishings Distributors, Inc. trades as Farmers Home Furniture at 175 locations throughout AL, FL, GA, NC and SC. The stores, offering home furnishings, appliances and furniture, occupy spaces of 15,000 sq.ft. to 20,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout AL during the coming 18 months. Typical leases run five years with options. A vanilla shell is required. Preferred cotenants include Dollar General, Dollar Tree, Big Lots and grocery stores. Preferred demographics include a population of 5,000 to 30,000 within eight miles earning $35,000 as the average household income. For more information, contact Robert Garrett, Warehouse Home Furnishings Distributors, Inc., 1851 Telfair Street, Dublin, GA 31021; 478-275-6137, Fax 478-275-6136; Email: rgarrett@farmersfurniture.com; Web site: www.farmersfurniture.com. Hastens operates locations throughout CA, MI, NY, TX, WI, as well as internationally. The stores, offering luxury bedding and hand-made bedroom furniture, occupy spaces of 2,000 sq.ft. to 3,000 sq.ft. in urban streefronts. Plans call for six openings during the coming 12 months throughout Miami, FL; NY and Washington, DC, with representation by The Greenberg Group. For more information, contact Steven Greenberg, The Greenberg Group, 1200 West Broadway, Hewlett, NY 11557; 516-295-0406; Email: sgreenberg@thegreenberggroup.com.
Mattress 1 One operates 100 locations throughout FL, excluding the panhandle and southwest areas. The home furnishings stores, offering mattresses and bedding items, occupy spaces of 2,200 sq.ft. to 4,200 sq.ft. in freestanding locations, street fronts and endcaps of shopping centers. Plans call for 70 openings throughout Gainesville, Ocala, Jacksonville, Ft. Meyers, Sarasota, St. Petersburg and Tampa, FL during the coming 18 months, with representation by Real Property Specialists, Inc. Typical leases run five years with two, five-year options. For more information, contact Mike Charron, Real Property Specialists, Inc., 2345 West Sand Lake Road, Suite 100, Orlando, FL 32809; 407-812-8000 Ext. 113; Email: mike@realpropertyspecialists.com; Web site: www.rps-fl.com. Mattress Factory operates 15 locations throughout NJ and NY. The stores, offering mattresses and related products, occupy spaces of 3,000 sq.ft. to 5,000 sq.ft. in freestanding locations and power centers. Plans call for two to four openings throughout NJ during the coming 18 months, with representation by Jeffery Realty, Inc. For more information, contact Bill Farkas, Jeffery Realty, Inc., 116 Route 22 East, North Plainfield, NJ 07060; 908-668-9600, Fax 908668-5225; Email: bfarkas@jefferyrealty.com; Web site: www.jefferyrealty.com. (continued on page seven)
This issue contains information on:
* Retailers operating 40,919 locations with plans to open 1,683 sites * Real estate valued in excess of $60 million to be bought, sold & financed * Leasing activity on over 4 million sq.ft. of retail properties
Important News Please Expedite
Postmaster: Periodical
Featuring ICSC Michigan Idea Exchange Who’s Opening & Where The Ground Round Grill & Bar plans to open three units in MI..................................... Pg. 4 Teavana plans to double its store count............................ Pg. 4 New Construction CB Richard Ellis is preleasing a power center in Rialto, CA Pg. 5 Food-Related Chains Expand Dolly’s Pizza continues growth in MI.......................... Pg. 6 Larosa’s plans to enter five midwestern and southern states..................................... Pg. 6 Lease Signings Lugwug & Seeley, Inc. inks deals with T.J. Maxx and PetSmart in Marquette, MI..... Pg. 7 Buyers & Sellers UCR Investment Sales brokered the sale of a 600,000 sq.ft. lifestyle center in Huntsville, AL.................... Pg. 8 Making The News Johnson Capital taps new vice president............................... Pg. 10 Exclusives Atlantic Retail Properties is repping Sports Authority in MI and other select markets Pg. 10 Sources of Financing RCG Longview closes mezzanine loan for Walmart site in Folsom, CA................. Pg. 10 Lead Sheet Shell Mini-Mart continues growth in northwestern MI.... Pg. 11 Studio Movie Grill to open up to seven locations by the end of 2013.................................. Pg. 12 Yankee Candle ramps up expansion nationwide .......... Pg. 13 Space Place........................... Pg. 16
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