Reporting The Nation’s Weekly News on Retailing & Retail Real Estate
Volume XXVI No. XXVIII
July 29, 2011
Supermarket Chains Expand Nationwide Aldi, Inc. trades as Aldi at more than 1,000 locations nationwide throughout 29 states. The discount supermarkets, featuring bakery, deli, produce and meat departments, occupy spaces of 16,900 sq.ft. in freestanding locations. Growth opportunities are sought throughout GA, excluding the Atlanta metropolitan area, during the coming 18 months, with representation by Settlemyer Properties. A land area of at least two acres is required. The company will also consider locations in inline spaces of shopping centers. For more information, contact Frank Settlemyer, Settlemyer Properties, 1815 Old 41 Highway, Suite 260, Kennesaw, GA 30152; 678-766-2206, Fax 678-766-2205; Email: frank@settlemyerproperties.com; Web site: www.aldi.com. Norrenberns Foods, Inc. trades as Tom’s Supermarkets, Cash Saver Food Stores, Weffel’s Market, Tom’s Priced Right Foods and Tom’s Mad Pricer at 10 locations throughout IL. The supermarkets occupy spaces of 15,000 sq.ft. to 25,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing market during the coming 18 months. A vanilla shell is required. Preferred demographics include a population of 10,000 within two miles earning $35,000 as the average household income. For more information, contact Don Norrenberns, Norrenberns Foods, Inc., 205 East Harnett Street, Mascoutah, IL 62258; 618-5667010, Fax 618-566-4081.
Trader Joe’s operates 350 locations nationwide. The supermarkets, offering specialty food items, occupy spaces of 12,000 sq.ft. in freestanding locations and inline spaces of mixed-use, specialty and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months, with representation by IDS Real Estate Group. Preferred demographics include a population of 100,000 within four miles. A land area of 1.75 acres is required for freestanding locations. For more information, contact Silva Zeneian, IDS Real Estate Group, 515 South Figueroa Street, 16th Floor, Los Angeles, CA 90071; 213-347-6432, Fax 213-627-9937; Email: szeneian@idsrealestate.com; Web site: www.idsrealestate.com. Arden Group, Inc. trades as Gelson’s Markets at 18 locations throughout southern CA. The upscale supermarkets, offering gourmet food items and featuring seafood, deli, meat, produce and liquor/wine departments, occupy spaces of 30,000 sq.ft. to 35,000 sq.ft. in freestanding locations and mixeduse, specialty and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run 20 years. For more information, contact Real Estate Manager, Arden Group, Inc., 9595 Wilshire Boulevard, Suite 411, Beverly Hills, CA 90212; 310-858-1502; Web site: www.gelsons.com. (continued on page eight)
This issue contains information on:
* Retailers operating 23,687 locations with plans to open 2,461 sites * Real estate valued in excess of $359.1 million to be bought, sold & financed * Leasing activity on over 8.2 million sq.ft. of retail properties
Important News Please Expedite
Postmaster: Periodical
Featuring Post-Show ICSC New England Idea Exchange New Construction KGI Properties, LLC is developing a 177,000 sq.ft. mixed-use project in Wayland, MA........................ Pg. 3 Openings Caribou Coffee to open 10 locations throughout the Chicago, IL area..................... Pg. 4 Edible Arrangements opening 150 stores worldwide this year....................................... Pg. 9 Buyers and Sellers The Shopping Center Group is selling a Kroger- and Kmart-anchored project in Jonesboro, GA....................... Pg. 5 In the News Retail Select Services was formed by Jesse Rehmeier and Jeff Straka.............................. Pg. 6 Lease Signings Legend Properties, Inc. negotiated a lease with Michaels in Bala Cynwyd, PA Pg. 6 Food Retailers Expand Brothers Bar & Grill looking to enter into seven states........ Pg. 7 Sources of Financing NorthMarq Capital arranged financing for a mixed-use project in Baltimore, MD....... Pg. 8 Exclusives Wilson Commercial Real Estate named leasing agent for shopping centers throughout CA......................................... Pg. 9 Lead Sheet Wash & Tan to enter into the TX market.............................. Pg. 12 Sur La Table projects 10 store openings by end of 2012....... Pg. 14 Space Place........................... Pg. 16
For more news go to: www.dealmakers.net Mobile Access Code: postnewengland11
We’re busy searching for new properties! Owning and operating Grocery Anchored Retail centers throughout the country since 1979 AmCap closed on nearly one million square feet of retail assets in 2010. Today, we seek neighborhood, community and regional centers. Loan purchases will also be considered.
www.AmCap.com Corporate Headquarters 1281 East Main Street Stamford, CT 06902 203-327-2001 www.AmCap.com
Acquisitions Jake Bisenius Chief Investment Officer JBisenius@AmCap.com 203-327-2001
Regional Office/ Leasing 44 Cook Street, #710 Denver, CO 80206 303-321-1500 Brokerage@AmCap.com
New Construction Merrill Cos. is preleasing Byars Crossing, located at the intersection of Highway 150 and Byars Road in Grandview, MO. Space is available along with pad sites. Area demographics include a population of 87,754 within five miles earning $65,426 as the average household income. For more information, contact Fred C. Merrill, Merrill Cos., 6240 West 135th Street, Overland Park, KS 66223; 913338-3800, Fax 913-647-5120; Email: fredc@merrillcompanies.com; Web site: www.merrillcompanies.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 Customer Service....................... Bridget Thoresen custserv@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 TM 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! POSTMASTER: Send address changes to The Dealmakers, PO Box 2630 Mercerville, NJ 086900630. Periodical postage paid at Trenton, NJ and at additional mailing offices. Affiliated with Tenant Search, E.S.P., E-Blast Copyright 2011 by TKO Real Estate Advisory Group Inc. 609-587-6200, fax 609-587-3511.
KGI Properties, LLC is developing Wayland Town Center, a 177,000 sq.ft. mixed-use project located at the intersection of Boston Post Road, Route 20, Route 27 and Route 126 in Wayland, MA. Spaces from 1,200 sq.ft. to 15,000 sq.ft. are available. Cotenants include Stop & Shop. The project will include retail and office components. Area retail includes CVS, Bank of America and Whole Foods Market. Area demographics include a population of 510,453 within 10 miles earning $126,021 as the average household income. The company is also, in conjunction with Simon Konover Development Corp., developing Gateway Commons, a mixeduse project located at the intersection of Route 161/Flanders Road and Interstate 95 in East Lyme, CT. The project will feature a 400,000 sq.ft. retail component and a 400unit residential component, and is slated to open during the fall. Area demographics include a population of 131,327 within 10 miles earning $63,579 as the average household income. For more information, contact Joseph E. Harnan, KGI Properties, LLC, 10 Memorial Boulevard, Suite 901, Providence, RI 02903; 401-273-8600 Ext. 329; Email: j.harnan@kgiproperties.com; Web site: www.kgiproperties.com. For additional information regarding Gateway Commons, contact Jay Fisher, Simon Konover Development Corp., 342 North Main Street, West Hartford, CT 06117; 860-570-2000 Ext. 139; Email: jfisher@simonkonover.com; Web site: www.simonkonover.com. NAI Capital is preleasing The Terrace, a 14,528 sq.ft. project located along 118 Freeway between First Street and Erringer Road in Simi Valley, CA. Shop and restaurant spaces are available. Area retail includes Macy’s, Lowe’s Home Improvement, Best Buy and Babies “R” Us. Area demographics include a population of 358,589 within 10 miles earning $114,842 as the average household income. The average daily traffic count is 101,000 vehicles. The center is slated to open during the fall. For more information, contact Gary Seaton, NAI Capital, 1200 East Los Angeles Avenue, Suite 205, Simi Valley, CA 93065; 805-558-0499, Fax 805-522-1361; Email: gseaton@naicapital.com. BlueRock Real Estate Services, LLC is preleasing a project located at the intersection of Orange Avenue and Pine Street in Orlando, FL. The project is slated to open early next year. For more information, contact BlueRock Real Estate Services, LLC, 8998 Gladin Court, Orlando, FL 32819; 407-641-5409. www.dealmakers.net
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Rappaport Retail Brokerage is preleasing New Market Retail Center, a 90,000 sq.ft. project located at the intersection of Mussetter Road and Old National Pike in New Market, MD. Space is available along with a pad site. Area retail includes Food Lion. Area demographics include a population of 181,489 within 10 miles earning $99,259 as the average household income. The average daily traffic count is 60,925 vehicles. The company is also preleasing Hall Station, a mixed-use project located along Central Avenue in Bowie, MD. The project will include a 35,996 sq.ft. retail component and a 109-unit residential component. Area retail includes Bowie Town Center, featuring Macy’s, Sears, Barnes & Noble, Old Navy, Safeway and Petco; Collington Plaza, featuring Giant, Walmart, 7-Eleven, The UPS Store and Chevy Chase Bank, and Pointer Ridge Plaza, featuring CVS and Pizza Hut. Area demographics include a population of 432,442 within 10 miles earning $96,958 as the average household income. The average daily traffic count is 24,575 vehicles. The company is also, in conjunction with William C. Smith & Co., Harrison Malone Development, LLC and MHCDO, redeveloping Skyland Town Center, an 800,000 sq.ft. project located at the intersection of Alabama Avenue and Good Hope Road in Washington, DC. The project will feature a 325,000 sq.ft. retail component and a 468-unit residential component. Area retail includes Good Hope Marketplace, featuring Safeway. Area demographics include a population of 489,294 within five miles earning $70,572 as the average household income. The average daily traffic count is 14,400 vehicles. For more information regarding the MD properties, contact Will Collins, Rappaport Retail Brokerage, 8405 Greensboro Drive, 8th Floor, McLean, VA 22102-5121; 571382-1225, Fax 571-382-1210; Email: wcollins@rappaportco.com; Web site: www.rappaportco.com. For more information regarding the Washington, DC property, contact Kristin Perry; 571-382D 1228; Email: kperry@rappaportco.com. M
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Who’s Opening and Where Caribou Coffee (763-592-2200) plans to open between seven and 10 coffeehouses throughout the Chicago, IL area during the coming year, as part of a plan to operate as many as 300 locations in the area within the coming five to 10 years. The company currently operates 450 locations nationwide, including 56 in the Chicago area, and is also scouting potential locations within grocery stores. Lowe’s Cos., Inc. (704-758-1000) will open a Lowe’s Home Improvement store in Sanford, NC. Construction on the new location began during May with an opening projected for late fall.
Dollar General Corp. (615-855-4000) plans to open two 9,026 sq.ft. Dollar General stores in Orangeburg, SC, including a location at the intersection of U.S. Highway 21/Rowesville Road and Stonewall Jackson Boulevard, and a store along Kennerly Road. The company currently operates more than 9,200 stores nationwide throughout 35 states. Supervalu, Inc. (952-828-4000) will open an Acme supermarket at the intersection of Lancaster Avenue and Pennswood Road in Bryn Mawr, PA. The store will replace an existing, smaller location at the site, and is slated to open next March.
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Yard House (800-336-5336) plans to open a 10,760 sq.ft. restaurant at The Town Center of Virginia Beach, located at the intersection of Independence Boulevard and Commerce Street in Virginia Beach, VA. The store will be the company’s first in the state and is slated to open during the fall, joining Bravo Cucina Italiana, California Pizza Kitchen, The Cheesecake Factory, Gordon Biersch, Guadalajara, Keagan’s Irish Pub, Lucky Star, McCormick & Schmick’s, P.F. Chang’s, Red Star Tavern, Ruth’s Chris Steak House, Saffron Indian Bistro, Sonoma Wine Bar & Bistro, Town Center City Club and Zushi Japanese Bistro at the center. The company currently operates 29 locations nationwide. Jake’s Wayback Burgers (877-525-3791) will open a 1,315 sq.ft. restaurant at Annapolis Technology Park, a 130,000 sq.ft. mixeduse center situated on 29 acres at the intersection of Harry S. Truman Parkway and Riva Road in Annapolis, MD. The restaurant is slated to open during the fall, will be the company’s second in the state and will join Subway, Dunkin’ Donuts, CVS, BB&T Bank and Squisito Pizza at the center. The company operates 30 locations throughout eight states nationwide. West Marine, Inc. (831-728-2700) plans to open a 50,000 sq.ft. West Marine Boating Superstore in Ft. Lauderdale, FL. The store will be twice the size of the company’s largest current location, will feature a fishing department and an on-site rigging shop and will offer engine parts; marine plumbing and electrical supplies; inflatable boats; kayaks; outboards and technical, foul-weather and casual apparel, footwear and accessories. The store is slated to open by year’s end. The company also plans to open a West Marine store in Honolulu, HI during the winter. Togo’s Franchised Eateries, LLC (408-2806569), through franchisees, will open 11 Togo’s Sandwiches restaurants throughout CA, as part of a plan to open 16 locations by year’s end. Planned openings include stores in Pasadena, downtown Los Angeles, the San Fernando Valley, San Juan Capistrano, Rancho Santa Margarita, Barstow and San Clemente. The company also plans to open 25 locations during 2012. Sunflower Farmers Market (303-530-4809) will open a 30,000 sq.ft. grocery store along Del Rio Road in Land Park, CA. The store is slated to open early next year and will join La Bou at the center. The company currently operates 33 supermarkets throughout AZ, CO, NM, NV, TX and UT. (continued on page nine)
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Buyers and Sellers Calkain Cos. is selling a 9,100 sq.ft. Dollar General situated on 1.9 acres in Ferrum, VA. The tenant is bound to a 15-year NNN lease featuring options, 10% rent escalations every five years during options and a 3% rent escalation during year 11. The NOI is $105,538. The asking price is $1.319 million with a Cap rate of 8%. The company is also selling a 9,026 sq.ft. Dollar General situated on 1.3 acres in Madison, VA. The tenant is bound to a 15-year NNN lease featuring options, 10% rent escalations every five years during options, and a 3% rent escalation during year 11. The NOI is $103,598. The asking price is $1.294 million with a Cap rate of 8%. The company is also selling a 9,100 sq.ft. Dollar General situated on 1.4 acres in Richmond, VA. The tenant is bound to a 15-year NNN lease featuring options, 10% rent escalations every five years during options and a 3% rent escalation during year 11. The NOI is $105,496. The asking price is $1.361 million with a Cap rate of 7.75%. The company is also selling a Walgreens located along Seabreeze Boulevard in Daytona Beach, FL. The tenant is bound to a NNN lease set to expire during July 2020 featuring a rent escalation during 2016. The NOI is $199,000. The asking price is $3.2 million with a Cap rate of 6.25%. For more information regarding the Dollar General properties, contact Andrew Fallon, Calkain Cos., 703-787-4714; Email: afallon@calkain.com; Web site: www.calkain.com. For more information regarding the Walgreens property, contact Patrick Nutt; 813-282-6000; Email: pnutt@calkain.com. Upland Real Estate Group, Inc. is selling West 78th Marketplace, located in Eden Prairie, MN. Tenants include Verizon Wireless, Smashburger and Sport Clips. Area demographics include a population of 147,416 within five miles earning $116,216 as the average household income. The asking price is $2.758 million with a Cap rate of 8.75%. For more information, contact Deborah K. Vannelli, Upland Real Estate Group, Inc., 50 South 6th Street, Suite 1418, Minneapolis, MN 55402; 612-376-4475, Fax 612-3764489; Email: deb@upland.com. PF Properties is selling Los Indios Center, a 74,144 sq.ft. center situated on 5.68 acres along Pleasanton Road in San Antonio, TX. The property is 85% leased. The asking price is $4.35 million with a Cap rate of 8.7%. For more information, contact Patrick Ferris, PF Properties, 909 Northeast Loop 410, Suite 100, San Antonio, TX 78209; 210824-3323; Email: pferris@pfproperties.net.
Capital Pacific LLC is selling Ash Street Plaza, a 5,755 sq.ft. strip center situated on a land area of 24,492 sq.ft. along North Ash Street in Spokane, WA. The property is 85% occupied with tenants bound to NNN leases featuring annual rent escalations until 2018. Area retail includes Albertsons, Safeway and Walgreens. Area demographics include a population of 192,558 within five miles earning $49,409 as the average household income. The average daily traffic count is 49,000 vehicles. The asking price is $1.23 million with a Cap rate of 8.58%. The company is also selling Stanwood Camano Village Retail Center, a 16,588 sq.ft. center situated on a land area of 88,862 sq.ft. along 72nd Avenue in Stanwood, WA. The property is 94% occupied and anchored by Ace Hardware. Area retail includes McDonald’s, Subway, Anytime Fitness and Key Bank. Area demographics include a population of 13,458 within five miles earning $74,139 as the average household income. The average daily traffic count is 16,000 vehicles. The asking price is $2.315 million with a Cap rate of 8%. The company is also selling seven Dairy Queen locations in Conroe, Groom, Hubbard, Panhandle, Plains, Stratford and Vega, TX. The asking prices for each site range from $384,000 to $776,000 with a Cap rate of 8.5%. For more information regarding the WA properties, contact Michael J. Horwitz, Capital Pacific, LLC, 4260 Southwest Galewood Street, Lake Oswego, OR 97035; 503-675-8381; Email: mhorwitz@capitalpacific.com. For more information regarding the TX properties, contact Joseph P. Blatner, Sean B. Mack or Gavin P. Robertson; 503-675-7719/8378 or 208-343-2916; Emails: jblatner@capitalpacific.com, smack@capitalpacific.com and grobertson@capitalpacific.com. The Chambers Group negotiated the sale of a 36,052 sq.ft. freestanding former Boyles located along Smith Corners Boulevard in Charlotte, NC. Stickley acquired the property. The company represented the seller in the transaction. For more information, contact Philip Corriher, The Chambers Group, 17214 Lancaster Highway, Suite 301, Charlotte, NC 28277; 704-752-8350; Email: phil@chambers-group.com. TK & Associates is selling Glen Ellyn Plaza, located in Glen Ellyn, IL. The property is 90% occupied. The asking price is $2.1 million. For more information, contact TK & Associates, 17W300 22nd Street, Suite 360, Wheaton, IL 60181; 630-833-4455; Email: savenok@aol.com. www.dealmakers.net
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Cole Real Estate Investments acquired Oxford Exchange, a 334,000 sq.ft. power center located in Oxford, AL. At the time of sale, the property was 97% occupied with tenants including Dick’s Sporting Goods, T.J. Maxx, Bed Bath & Beyond, PetSmart, Hobby Lobby, Old Navy and OfficeMax. The company acquired the property for $45.5 million. The company also seeks to acquire multi-tenant retail properties nationwide. For more information, contact Scott Holmes, Thomas Falatko, Clint Marchuk or Brett Sheets, Cole Real Estate Investments, 2555 East Camelback Road, Suite 400, Phoenix, AZ 85016; 602-952-4464, 202625-4345, 602-716-8819 or 602-7788791; Emails: sholmes@colecapital.com, tfalatko@colecapital.com, cmarchuk@colecapital.com and bsheets@colecapital.com; Web site: www.colecapital.com. Franklin Street Real Estate Services is selling a 0.69-acre parcel located at the intersection of Little Road and Youth Lane in New Port Richey, FL. Area retail includes Lowe’s Home Improvement, Home Depot, Kohl’s, Publix, Sweetbay Supermarket and Ace Hardware. The average daily traffic count is 43,000 vehicles. For more information, contact Brian Bern or Ryan Derriman, Franklin Street Real Estate Services, 500 North Westshore Boulevard, Suite 750, Tampa, FL 33609; 813-658-3343/3359, Fax 813-839-7330; Web site: www.franklinstreetfinancial.com. The Shopping Center Group is selling Crossroads Shopping Center, located along Tara Boulevard in Jonesboro, GA. The property is 100% leased with tenants including Kroger and Kmart. The average daily traffic count is 45,000 vehicles. The asking price is $1.95 million with a Cap rate of 10%. For more information, contact Mark Cooley, The Shopping Center Group, 300 Galleria Parkway, 12th Floor, Atlanta, GA 30339; 770-955-2434, Fax 770-951-0054; Web site: www.theshoppingcentergroup.com. Eagle Commercial Realty is selling Riverwalk on the James, situated on 108.18 acres at the intersection of Interstate 95 and Marina Drive in Chesterfield County, VA. The average daily traffic count is 105,000 vehicles. For more information, contact Jeff Doxey, Harrison Hall or Peter Vick, Eagle Commercial Realty, 2250 Old Brick Road, Suite 240, Glen Allen, VA 23060; 804-217-6904/ 6903/6905; Emails: jeffdoxey@ecrva.com, harrisonhall@ecrva.com and petervick@ecrva.com; Web site: www.ecrva.com. DM
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Real Estate Professionals Making the News Paine/Wetzel ONCOR International (773714-9300) hired Hiloh Izumo as vice president. He will focus on properties located throughout the Chicago, IL metropolitan area. Prior to joining the company, he served at CB Richard Ellis, where he specialized in the sale and leasing of commercial and industrial properties. The company, headquartered in Chicago, is a full-service real estate firm offering brokerage services for investors, users and owners of commercial, office and industrial properties. Transwestern (713-272-1285) hired Ken Page, Scott Myers and Rachel Glass. All three will specialize in investment services and operate out of the company’s Houston, TX office. Prior to joining the company, Page served as executive vice president, Myers as vice president and Glass as a marketing assistant out of the Houston office of Grubb & Ellis. The company specializes in real estate services, development and investment management. illi Commercial Real Estate (818-501-2212) formed an investment advisory services division, which will provide company clients with acquisitions, investment sales, valuation, repositioning and strategic planning services for real estate assets. Gwen MacKenzie has been hired to head the new division. Prior to joining the company, she founded Shopping Center Investments, Inc., an investment advisory firm. MacKenzie specializes in investment sales and acquisitions, asset and construction management, leasing and marketing. The Goldstein Group (201-703-9700) hired Jay Schwartz as an associate broker and Sherwin Maali as a sales associate. Both will be responsible for serving clients’ real estate requirements throughout NJ. The company is a full-service commercial real estate brokerage firm specializing in owner and tenant representation, investment sales and management services throughout NJ. Hudson Realty Capital, LLC (212-532-3553) hired Nicholas Paliouras as vice president, asset management. Prior to joining the company, Paliouras served as an asset manager at Gramercy Capital Corp.; as vice president, producer at RBC Capital Advisors; as senior real estate investment associate at Pacific Life, and as commercial real estate lending officer at Centura Bank, Inc. Retail Select Services (949-305-8796) was recently formed by Jesse Rehmeier and Jeff Straka. The company is a retail real estate brokerage firm based in southern CA. DM page 6
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Lease Signings Vita & Vita Realty Corp. (973-227-5233) negotiated leases with Mutec Computers for 400 sq.ft., Sofas Plus for 15,000 sq.ft.; Worldwide Carpet for 25,000 sq.ft. and Get Fit for 30,000 sq.ft. at Hollywood Retail Park, located along Route 46 East in Fairfield, NJ. The company also negotiated leases with GNC for 1,600 sq.ft.; Fairways & Greens Golf Shop for 4,000 sq.ft.; Wine & Spirits for 6,000 sq.ft. and Trash to Treasure for 25,000 sq.ft. at Hills Plaza, located along Route 322 in State College, PA. The company also negotiated leases with CitiFinancial and Walk in Closet for 1,570 sq.ft. each and with Weight Loss for 4,000 sq.ft. at Broad Street Centre, located at the intersection of Route 41 and Route 70S in Murfreesboro, TN. The company also negotiated leases with Quiznos for 1,850 sq.ft., Clothes Mentor for 6,000 sq.ft., Ace Hardware for 12,000 sq.ft. and Victory Sports for 15,000 sq.ft. at Hills Plaza South, located along Rolling Ridge Drive in College Township, PA. Prudential Serls Prime Properties Commercial Group (845-226-1212) negotiated a lease with Planet Fitness for 22,000 sq.ft. at Taconic Center, a 34,240 sq.ft. center situated on 2.11 acres at the intersection of Taconic State Parkway and NYS Route 55 in LaGrange, NY. Legend Properties, Inc. (610-941-4034) negotiated a lease with Michaels for 12,000 sq.ft. at Bala Cynwyd Shopping Center, located along City Line Avenue in Bala Cynwyd, PA. The company represented the tenant in the transaction. Fameco Real Estate, LP (610-834-8000) negotiated lease extensions with the following retailers for a total of more than 18,600 sq.ft. at The Streets of Chester Lifestyle Shopping Center, located in Chester, NJ: Coldwater Creek, Chico’s, White House|Black Market, Gymboree, Sunglass Hut, Stride Rite and Fast Frame. Taylor Long Properties (804-864-9788) negotiated a five-year lease with Refills4U, LLC for a 1,322 sq.ft. Cartridge World at Courthouse Place Shopping Center, located along Busy Street in Midlothian, VA. The company represented the landlord, Branchway Associates, LLC, in the transaction. Berger-Epstein Associates, Inc. (610-4377070) negotiated a lease with Hush Little Angels for 7,500 sq.ft. along North Godfrey Street in Allentown, PA. The company represented the landlord and Coldwell Banker Fiest & Fiest Realty represented the tenant in the transaction.
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Winick Realty Group, LLC (212-792-2600) negotiated a lease with Red Rocket Tatoo for 1,540 sq.ft. at the intersection of Sixth Avenue and 36th Street in the Midtown area of Manhattan, NY. The company represented the tenant and the landlord, 976 Sixth Avenue Operating Corp., in the transaction. The company also negotiated a lease with H&R Block for 2,432 sq.ft. along West 96th Street between Broadway and Amsterdam Avenue in Manhattan, NY. The company also negotiated a lease with Westside Market for 15,607 sq.ft. along Broadway between 97th Street and 98th Street in Manhattan, NY. The store will occupy 7,000 sq.ft. of lowerlevel space and 8,607 sq.ft. of ground-floor space. The company represented the tenant in the transaction. Zell Commercial Real Estate Services, Inc. (602-248-0600) negotiated the following leases throughout AZ: with Fine Fitters for 1,200 sq.ft. at Foothills Park Place, located along East Ray Road in Phoenix, with the company representing the landlord, Foothills Shopping Center, LLC, in the transaction; with Botas el Potrillo for 1,200 sq.ft. at Plaza Del Sol, located along West Indian School Road in Phoenix, with the company representing the landlord, 33rd Ave & Indian School Pros RE, LLC, in the transaction; with Check Into Cash for 1,486 sq.ft at Ponderosa Village, located along Highway 260 in Payson, with the company representing the landlord, Double A Investments, LLLP, and Inverness representing the tenant in the transaction, and with Javelina Pool Supply for 1,705 sq.ft. at Bell Tower Village, located along West Bell Road in Glendale, with the company representing the landlord, Bell Tower Village, LLC, in the transaction. Goodman Real Estate Services Group, LLC (216-381-8200) negotiated a lease with Verizon Wireless for space at Bay Village Square in Bay Village, OH. The company represented the landlord in the transaction. The company also negotiated a lease with Regis Corp. for a Best Cuts at Meadowbrook Market Square in Bedford, OH. The company represented the tenant in the transaction. Mid-America Asset Management (630-9547300) negotiated a lease with Skechers for 8,690 sq.ft. at Burbank Station, a 303,566 sq.ft. center located at the intersection of 78th Street and Cicero Avenue in Burbank, IL. Cotenants at the center include Food 4 Less, The Sports Authority, Babies “R” Us, OfficeMax, PetSmart and HomeGoods. The company represented the landlord and Metro Commercial Real Estate represented the tenant in the transaction. DM
Food Retailers Expand Nationwide Coyote Ugly Saloon operates 17 locations throughout CO, FL, LA, NV, NY, OK, TN, TX and WI, as well as internationally. The bars occupy spaces of 3,500 sq.ft. to 5,000 sq.ft. in casinos, urban/downtown areas and entertainment, specialty and tourist centers. Growth opportunities are sought throughout major metropolitan markets nationwide, as well as internationally, during the coming 18 months, with representation by Great American Brokerage. The company requires sites in areas with strong late-night and tourist activity, as well as a liquor license. Jonmags trades as Five Guys Famous Burgers and Fries at three locations throughout Nassau, NY. The restaurants occupy spaces of 3,000 sq.ft. to 3,500 sq.ft. in freestanding locations, downtown areas, enclosed regional malls and power and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months, with representation by Great American Brokerage. Preferred demographics include a trade-area population earning $50,000 as the median household income. Buffalo Wild Wings operates more than 650 locations nationwide throughout 42 states. The casual restaurants occupy spaces of 5,000 sq.ft. to 7,000 sq.ft. in malls, urban/downtown areas, street fronts and freestanding locations. Plans call for two openings within northern NJ or Fairfield, Long Island, New York or Westchester, NY during the coming 12 months, with representation by Great American Brokerage. For more information, contact Paul Fetscher, Great American Brokerage, 100 West Park Avenue, Suite 309, Long Beach, NY 11561; 516-889-7200; Email: gtamerican@aol.com; Web site: www.restaurantexpert.com. Ameci Pizza and Pasta, Inc. trades as Ameci Pizza and Pasta at 42 locations throughout CA and ID. The restaurants occupy spaces of 1,200 sq.ft. to 1,500 sq.ft. in strip centers and of 2,500 sq.ft. in freestanding locations. Growth opportunities are sought throughout select markets nationwide during the coming 18 months. Typical leases run five years with three, five-year options. Specific improvements are required. Preferred demographics include a population of 30,000 within two miles earning $65,000 as the average household income. Major competitors include Domino’s Pizza, California Pizza Kitchen and Pizza Hut. The company is franchising. For more information, contact Nick Andrisano, Ameci Pizza and Pasta, Inc., 6603-B Independence Avenue, Canoga Park, CA 91303; 888-688-7880, Fax 818-7120792; Email: nandrisano@aol.com; Web site: www.amecipizzakitchen.com.
Fortney Hospitality Group trades as Brothers Bar and Grill at 19 locations throughout CO, IA, IL, IN, KS, KY, MN, NE, OH and WI. The restaurants and bars occupy spaces of 6,000 sq.ft. to 8,000 sq.ft. in freestanding locations, urban/downtown areas and inline spaces of entertainment centers. Growth opportunities are sought throughout the existing markets, as well as AZ, FL, MI, MO, PA, TN and Austin and San Antonio, TX, during the coming 18 months, with representation by Newmark Knight Frank Halakar. Typical leases run 10 years. Specific improvements are required. Preferred cotenants include bars, restaurants and entertainment venues. The company will only consider sites in central business districts and college towns with a student population of more than 15,000. For more information, contact Gary Perel, Newmark Knight Frank Halakar, 1 Indiana Square, Suite 2500, Indianapolis, IN 46204; 317-964-0000, Fax 317-9641144; Email: gperel@nkfhalakar.com; Web sites: www.nkfhalakar.com and www.brothersbar.com. Bojangles’ Restaurants, Inc. trades as Bojangles’ Famous Chicken ‘N Biscuits at 503 locations throughout AL, FL, GA, MD, NC, PA, SC, TN and VA. The restaurants occupy spaces of 3,800 sq.ft. in freestanding locations. Plans call for 60 openings throughout the existing markets, excluding PA, during the coming 18 months. Typical leases run 15 years. A land area of one acre is required. Major competitors include Popeye’s, McDonald’s, KFC, Hardee’s, Chick-fil-A and Church’s Chicken. The company is franchising, and plans for expansion include both franchises and company-owned locations. For more information, contact Darren Webb, Bojangles’ Restaurants, Inc., 9432 Southern Pine Boulevard, Charlotte, NC 28273-5557; 704-940-8667, Fax 704-5228677; Web site: www.bojangles.com. Flamer’s Burgers & Chicken operates 52 locations throughout the eastern, midstates and southern regions of the U.S., as well as internationally. The fast-food restaurants, offering burgers and chicken, occupy spaces of 600 sq.ft. to 1,200 sq.ft. in downtown areas, malls and mixed-use, outlet, power, specialty, tourist and value centers. Growth opportunities are sought throughout the eastern, midstates and southern regions of the U.S. during the coming 18 months. For more information, contact Nick Knott, Flamer’s Burgers & Chicken, 326 Evansdale Road, Lake Mary, FL 32746; 407-574-8363, Fax 321-206-8947; Email: info@flamersgrill.com; Web site: www.flamersgrill.com. www.dealmakers.net
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Bruegger’s Enterprises trades as Bruegger’s Bagel Bakery at 300 locations nationwide throughout 22 states and Washington, DC. The quick-service restaurants and bakery cafes, offering bagels, sandwiches, soups, salads and coffee, occupy spaces of 1,800 sq.ft. to 2,200 sq.ft. in freestanding locations, urban/ downtown areas and power and strip centers. Growth opportunities are sought nationwide during the coming 18 months. Typical leases run five years with three, five-year options. Preferred cotenants include upscale grocery stores and coffee shops, as well as apparel retailers. Preferred demographics include a population of 20,000 within two miles earning $50,000 as the median household income. Major competitors include Einstein Bros. Bagels, Panera Bread and Au Bon Pain. The company is franchising and expansion is dependent on the presence of franchisees. The company will also consider locations in airports, hospitals, universities and other nontraditional sites. For more information, contact Joe Weith, Bruegger’s Enterprises, 159 Bank Street, Burlington, VT 05402-0374; 802660-4020, Fax 802-652-9293; Web site: www.brueggers.com. Happy Joe’s Pizza & Ice Cream operates 60 locations throughout IA, IL, MN, MO, ND and WI. The restaurants, offering pizza, pasta, sandwiches, salads and ice cream, as well as breakfast items, occupy spaces of 1,500 sq.ft. to 5,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the midwestern region of the U.S. during the coming 18 months. A vanilla shell and specific improvements are required. Preferred cotenants include video stores and dry cleaners. Major competitors include national and local pizzerias. Preferred demographics include a population of 40,000 within three miles earning $75,000 as the average household income. The company is franchising, and will also consider locations outside of the Midwest on a case-by-case basis. For more information, contact Tim Anderson, Happy Joe’s Pizza & Ice Cream, 2705 Happy Joe Drive, Bettendorf, IA 52722; 563-332-8811, Fax 563-332-5822; Email: tima@happyjoes.com; Web site: D www.happyjoes.com. M
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Supermarket Chains Expand Nationwide (continued from page one)
Lund Food Holdings, Inc. trades as Byerly’s and Lunds at 21 locations throughout MN. The company prefers to occupy spaces of 40,000 sq.ft. for Lunds locations and of 60,000 sq.ft. for Byerly’s locations in freestanding buildings and strip centers, as well as urban/ downtown areas. 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, MA 55424; 952-915-2696, Fax 952-915-2675; Email: jenifer.kent@lfhi.com. Wegmans Food Markets, Inc. trades as Wegmans Food Markets at 78 locations throughout MD, NJ, NY, PA and VA. The upscale supermarkets, featuring deli, meat, seafood, produce, bakery and floral departments, as well as offering prepared food items, occupy spaces of 120,000 sq.ft. to 140,000 sq.ft. in freestanding locations and lifestyle and power centers. Plans call for four openings throughout the existing markets, as well as MA, during the coming 18 months. Typical leases run 20 years with options. Preferred demographics
include a population of 50,000 within three miles earning $75,000 as the average household income. A land area of 12 to 18 acres is required for freestanding locations. The company prefers to ground lease or acquire sites. For more information, contact Paul Gilbert, Wegmans Food Markets, Inc., PO Box 30844, Rochester, NY 14603-0844; 585-464-4755, Fax 585-783-4255; Email: paul.gilbert@wegmans.com; Web site: www.wegmans.com. The Fresh Market operates 104 locations throughout the mid-Atlantic region of the U.S. The supermarkets, featuring seafood, produce, deli, bakery and floral departments, as well as offering beer, wine and prepared food items, occupy spaces of 20,000 sq.ft. in freestanding locations and power and specialty centers. Growth opportunities are sought throughout MD, northern VA and Washington, DC during the coming 18 months, with representation by Paraclete Realty. Major competitors include Whole Foods Market. Brown’s Super Stores trades as ShopRite at more than 220 locations throughout the mid-Atlantic region of the U.S. The supermarkets occupy spaces of 65,000 sq.ft. in freestanding locations
and power and specialty centers. Growth opportunities are sought throughout MD and Washington, DC during the coming 18 months, with representation by Paraclete Realty. For more information, contact Charlie Phelps, Paraclete Realty, 9648 South Pines Road, Suite 100, Warrenton, VA 20186; 301-536-7900; Email: charlie@paracleterealty.com; Web site: www.paracleterealty.com. Sprouts Farmers Market operates 103 locations throughout AZ, CA, CO and TX. The supermarkets, offering farm-fresh, locally grown produce, as well as vitamins, supplements and natural and organic grocery items, and also featuring seafood, meat, deli and cheese departments, occupy spaces of 24,000 sq.ft. to 30,000 sq.ft. in freestanding locations and specialty and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 15 years. For more information, contact Seth Brown, Sprouts Farmers Market, 11811 North Tatum Boulevard, Suite 2400, Phoenix, AZ 85028; 480-814-8016, Fax 480-814-8017; Email: sethbrown@sprouts.com; Web site: D M www.sprouts.com.
Sources of Financing NorthMarq Capital arranged financing for a joint venture between Obrecht Commercial Real Estate, Kinsley Properties and Focus Development for the construction of Gunther Square, a mixed-use project located along South Conkling Street in Baltimore, MD. The property will feature a retail component and a 162-unit multifamily component. For more information, contact Bill Libercci, 2330 West Joppa Road, Suite 200, Lutherville, MD 21093; 410-296-0707, Fax 410-3218049; Web site: www.northmarq.com. Donahue Schriber, through CB Richard Ellis, received a total of $248.545 million for the refinancing of 10 retail properties throughout CA and NV. The loans, including a $204.7 million loan with a fixed rate and a $43.845 million loan with a floating rate, were provided by Allstate Life Insurance
Co. and Allstate Insurance Co., respectively, and both featured a six-year term and a 25year amortization schedule. The properties included Aliso Pacific Plaza, a 112,532 sq.ft. center located in Aliso Viejo, CA, with tenants including Ralph’s, CVS and Pep Boys; Callen’s Corner I and II, two centers of 103,466 sq.ft. and 48,650 sq.ft. located in Fountain Valley, CA; Eldorado Village, a 93,216 sq.ft. center located in North Las Vegas, NV anchored by Smith’s; Gold River Town Center, a 139,470 sq.ft. center located in Rancho Cordova, CA anchored by Bel Air Market and Rite Aid; Natomas Marketplace, a 236,061 sq.ft. center located in Sacramento, CA anchored by Staples, PetSmart, Regal Cinemas, Michaels and Ross Dress for Less; Portola Village, a 91,646 sq.ft. center located in Livermore, CA anchored by Save Mart; Raley’s Plaza, a 95,441 sq.ft. center located in Fairfield, CA
anchored by Raley’s; Roseville Center, a 96,750 sq.ft. center located in Roseville, CA anchored by Petco and Big 5 Sporting Goods, and The Marketplace, a 298,193 sq.ft. center located in Bakersfield, CA anchored by Vons, Rite Aid, Edwards Theatres and Talbots. For more information, contact Donahue Schriber, 200 East Baker Street, Suite 100, Costa Mesa, CA 92626; 714-5451400, Fax 714-545-4222; Web site: www.donahueschriber.com. Glimcher Realty Trust received $42.1 million for the refinancing of Ashland Town Center, a 420,000 sq.ft. project located in Ashland, KY. The loan featured a 10-year term. For more information, contact Glimcher Realty Trust, 180 East Broad Street, Columbus, OH 43215; 614-621-9000, Fax 614-621D 9321; Web site: www.glimcher.com. M
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Who’s Opening and Where (continued from page four)
Edible Arrangements International, Inc. (888-727-4258) plans to open 150 Edible Arrangements locations nationwide and internationally this year, as well as 200 locations during 2012. The company currently operates 934 units, offering arrangements of fresh fruit, nationwide and internationally throughout 10 countries. Dickey’s Barbecue Restaurants, Inc. (972248-9899), through a franchisee, will open a Dickey’s Barbecue Pit restaurant in Hoboken, NJ as part of a plan to open 60 locations by year’s end. The location will be the company’s first in the state and is slated to open by 2012. The company opened 12 restaurants during the early part of the year and currently operates 147 locations nationwide throughout 33 states. In-N-Out Burger, Inc. (949-509-6200) plans to open an In-N-Out Burger restaurant in a former Romano’s Macaroni Grill at the intersection of Ethan Way and Alta Arden Expressway in Sacramento, CA. The company currently operates more than 282 locations nationwide, including 16 in the Sacramento area.
The Disney Store (866-902-2798) plans to open a Disney Store Outlet at Cincinnati Premium Outlets, located in Monroe, OH. The store is slated to open during September, will be the company’s first in the greater Dayton, OH area and will join Fossil, Talbots, Jos. A. Bank, Gap, Nike, Brooks Brothers and Levi Strauss at the center. The company currently operates more than 350 locations worldwide, including more than 200 stores throughout North America. CVS Caremark Corp. (877-265-7325) plans to open a freestanding CVS pharmacy along Plantation Road Northeast in Roanoke, VA. The store will replace an existing CVS located along Hollins Road in the city, and is slated to open early next year. Hennes & Mauritz AB (212-564-9922) plans to open a two-level 20,000 sq.ft. H&M store at Simon’s Newport Centre Mall, located along Mall Drive West in Jersey City, NJ. The store is slated to open by year’s end and will join JCPenney at the center. The company currently operates 2,200 locations, offering apparel for men, women and children, nationwide and internationally throughout 38 countries.
Five Guys Enterprises, LLC (703-339-9500) plans to open a 2,500 sq.ft. Five Guys Famous Burgers and Fries restaurant at City Center Plaza, located along Arsenal Street in Watertown, NY. The restaurant is slated to open by November. The company currently operates 620 locations nationwide throughout 48 states. Potbelly Sandwich Works, LLC (312-9510600) will open an 8,397 sq.ft. flagship Potbelly Sandwich Works restaurant along Seventh Avenue in New York, NY. The restaurant is slated to open during the fall and will be the company’s second in the city, following a location at the intersection of East 44th Street and Maiden Lane slated to open this summer. The company currently operates 200 restaurants throughout 12 states nationwide. Hobby Lobby Stores, Inc. (405-745-1100) plans to open a Hobby Lobby store in a former Mervyn’s located along McHenry Avenue in Modesto, CA, as part of a plan to open 40 locations throughout the continental U.S. this year. The company operates 472 stores, offering craft and hobby supplies, nationwide throughout 39 states. DM
Exclusives and Leasing Assignments Katz & Associates (845-735-6666) represents the following retailers with their expansion plans: Eastern Mountain Sports, nationwide, seeking spaces of 12,000 sq.ft. to 15,000 sq.ft. in freestanding locations and lifestyle, power and strip centers; Francesca’s Collections, throughout NC and SC, seeking sites of 1,300 sq.ft. to 1,700 sq.ft. in lifestyle and power centers; GameStop, throughout southern and southwestern FL, utilizing spaces of 1,800 sq.ft. to 2,200 sq.ft. in endcaps and outlots of power centers; Hair Cuttery, throughout southern and southwestern FL, utilizing sites of 1,000 sq.ft. to 1,200 sq.ft. in inline spaces and pad sites of shopping centers; Heys Luggage, throughout FL, seeking sites of 1,200 sq.ft. to 1,600 sq.ft. in regional malls and lifestyle centers; Joe’s Crab Shack, throughout select markets in NJ, seeking spaces of 7,000 sq.ft. to 9,000 sq.ft. in freestanding locations; Jos. A. Bank, throughout AL, AR, FL, LA, MS and TN, occupying sites of 4,000 sq.ft. to 5,000 sq.ft. in malls and strip and lifestyle centers; La Terrine, throughout Manhattan, NY, seeking spaces of 1,000 sq.ft. to 2,000 sq.ft., and Lime Fresh Mexican Grill,
throughout select markets of NJ, occupying spaces of 2,400 sq.ft. to 3,200 sq.ft. in urban areas and endcaps and inline spaces of shopping centers. Equity Investment Services (407-573-0711) has been retained by The Rosen Group, Inc. as the leasing agent for Harbor Oaks Plaza and Springhill Commons, located in Clearwater and Gainesville, FL, respectively. Western Retail Advisors (602-778-3747) represents the following retailers with their expansion plans: PetSmart, throughout AK, AZ, CA, HI, KS, NM, NV and UT, seeking spaces of 12,000 sq.ft. to 26,000 sq.ft.; Harkins Theatres, throughout AZ, CA, CO, NM, NV, OK, TX and UT, seeking sites of 58,000 sq.ft. to 87,000 sq.ft.; Ulta, throughout central and southern CA and NV, utilizing spaces of 10,000 sq.ft.; Whole Foods Market, throughout AZ, seeking sites of 25,000 sq.ft. to 45,000 sq.ft.; Bealls Outlet, throughout AZ and NM, utilizing sites of 20,000 sq.ft. to 25,000 sq.ft.; Jos. A. Bank, throughout AZ, seeking spaces of 5,000 sq.ft.; 1st Bank, www.dealmakers.net
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throughout AZ, seeking sites of 5,000 sq.ft.; Jared – The Galleria of Jewelry, throughout AZ, utilizing spaces of 6,000 sq.ft.; Crunch, throughout Orange County, CA, seeking sites of 17,500 sq.ft.; Whataburger, throughout Phoenix, AZ, seeking spaces of 3,000 sq.ft., and The Container Store, throughout AZ, occupying spaces of 24,000 sq.ft. Wilson Commercial Real Estate (310-4734424) has been named the leasing agent by Shapell Properties for the following shopping centers throughout CA: Porter Ranch Town Center, a 560,000 sq.ft. power center located in Northridge, with tenants including Best Buy, Toys “R” Us, Sports Chalet, Walmart, Babies “R” Us, Petco, Ralph’s and Jo-Ann Fabrics; Aldea at Porter Ranch, a 200,000 sq.ft. lifestyle project under development in Northridge; Norwalk Swap Meet, a 90,000 sq.ft. freestanding building situated on 8.06 acres in Norwalk, and Alondra and Maidstone Shopping Center, a 35,000 sq.ft. strip center located at the intersection of Alondra Boulevard and Maidstone in D Norwalk. M
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Lead Sheet AKH Discount Tire Centers, Inc. dba Discount Tire Centers and Evans Tires Hratch Andonian 1160 Anaheim Boulevard Anaheim, CA 92801 714-861-9024, Fax 714-899-4923 Web site: www.discounttirecenters.com
Automotive The 75-unit chain operates locations throughout southern CA. The automotive service centers occupy spaces of 5,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing market during the coming 18 months.
Jiffy Lube International, Inc. dba Jiffy Lube (Franchises) Tom Lane PO Box 4427 Houston, TX 77210-4427 713-546-6447, Fax 713-546-3656 Email: thomas.lane@shell.com Web site: www.jiffylube.com
Automotive The 2,000-unit chain operates locations nationwide. The automotive service centers occupy spaces of 1,900 sq.ft. to 2,400 sq.ft. in freestanding locations and power centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run 20 years with options. Specific improvements are required. Preferred cotenants include Target and big box retailers. Preferred demographics include a population of 50,000 within three miles earning $40,000 as the average household income. The company is franchising.
Splash Car Wash Mark Curtis 668 Gate House Road Stamford, CT 06902 203-324-5400, Fax 203-325-9405 Email: mark@splash1.org Web site: www.splashcarwashes.com
Automotive The 17-unit chain operates locations throughout CT and NY. The car washes occupy spaces of 3,000 sq.ft. to 9,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 25 years. Preferred demographics include a population of 100,000 within five miles earning more than $60,000 as the average household income. Major competitors include local car washes. A land area of 20,000 sq.ft. is required.
Myron’s Cards & Gifts, Inc. dba Myron’s Hallmark and Evenson’s Hallmark Clayton Johnson 4653 Chatsworth Street Shoreview, MN 55126 651-482-8511, Fax 651-482-8680
Cards The 23-unit chain operates locations throughout IA, MN, SD and WI. The card and gift shops occupy spaces of 3,500 sq.ft. to 4,000 sq.ft. in malls and power and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run three years.
Sherman Retail Group dba Papyrus, American Greetings and Carlton Cards Ken Rendina 500 Chadbourne Road/PO Box 6030 Fairfield, CA 94533 707-428-0200, Fax 707-428-0106 Web site: www.papyrusonline.com
Cards The 480-unit chain operates locations nationwide and throughout Canada and Hong Kong. The stores, offering cards, gift wrap and small gift items, occupy spaces of 1,500 sq.ft. for Papyrus locations and of 2,000 sq.ft. for American Greetings and Carlton Cards locations in malls and specialty centers, as well as urban/downtown areas. Growth opportunities are sought nationwide and throughout Canada during the coming 18 months.
Tom Thumb Food Stores, Inc. dba Tom Thumb Jimmy McCarthy III 97 West Okeechobee Road Hialeah, FL 33010 305-885-5451, Fax 305-885-0144 Web site: www.tomthumb.com
Convenience The 16-unit chain operates locations throughout southern FL. The convenience stores, with gasoline facilities, occupy spaces of 2,400 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing market during the coming 18 months.
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Lead Sheet Hart Stores, Inc. dba Bargain Giant, Geant Des Aubaines and Hart Department Stores Michael Hart 900 Place Paul-Kane Laval, Quebec, Canada H7C 2T2 450-661-4155 Web site: www.hartstores.com
Department Stores The 92-unit chain operates locations throughout Maritimes, Ontario and Quebec, Canada. The department stores occupy spaces of 30,000 sq.ft. in malls. Growth opportunities are sought throughout the existing markets during the coming 18 months.
The Movies At Alex Bieri c/o Stokas Bieri Real Estate 660 Woodward Avenue, Suite 1500 Detroit, MI 48226 313-962-2800, Fax 313-962-5070 Web sites: www.themoviesat.com and www.stokasbieri.com
Entertainment The four-unit chain operates locations in NY, PA and Washington, DC. The movie theaters occupy spaces of 30,000 sq.ft. to 80,000 sq.ft. in freestanding locations and entertainment, regional and power centers. Plans call for two to three openings nationwide during the coming 18 months, with representation by Stokas Bieri Real Estate. Typical leases run 20 years with options. Preferred demographics include a trade-area population of 150,000 earning $50,000 as the average household income.
B&G, LLC dba Get In Shape For Women Bill Grad c/o Aries Deitch & Endelson 110 South Central Avenue Hartsdale, NY 10530 914-949-2800 Ext. 104, Fax 914-949-2424 Email: billgrad@ade-re.com Web site: www.ade-re.com
Fitness The 50-unit chain operates locations throughout New England. The fitness centers prefer to occupy spaces of 1,000 sq.ft. in freestanding locations, strip centers and urban/downtown areas. Growth opportunities are sought throughout Fairfield County, CT during the coming 18 months, with representation by Aries Deitch & Endelson. The company prefers to locate in affluent neighborhoods.
Laundry Systems Brokers, Inc. dba Wash & Tan Art Roy 2133 Nodding Pines Drive Corpus Christi, TX 78414 Email: artroy@mail.com Web site: www.laundrysystems.com
Laundromat The 40-unit chain operates locations throughout IN, KY, NY, OH and TN. The laundromats occupy spaces of 3,000 sq.ft. to 5,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout southern TX, including Corpus Christi, Houston and San Antonio, during the coming 18 months.
Music & Arts Center, Inc. dba Music & Arts Center Shawn Womer 4626 Wedgewood Boulevard Frederick, MD 21703 301-620-4040, Fax 301-620-2567 Web site: www.musicarts.com
Music The 100-unit chain operates locations nationwide. The stores, offering musical instruments and lessons, occupy spaces of 2,500 sq.ft. to 3,500 sq.ft. in power and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run five to 10 years with options. A vanilla shell and specific improvements are required. Preferred cotenants include grocery stores. Preferred demographics include a population of 100,000 within five miles earning $50,000 as the average household income.
Party Fair, Inc. dba Party Fair David Silverstein 4345 Route 9 Freehold, NJ 07728 732-780-1110, Fax 732-780-5174 Web site: www.partyfair.com
Party Supplies The 24-unit chain operates locations throughout NJ, NY and PA. The party supply stores occupy spaces of 10,000 sq.ft. to 15,000 sq.ft. in freestanding locations, strip centers and urban/downtown areas. Growth opportunities are sought throughout NJ during the coming 18 months.
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Lead Sheet Fabco Enterprises, Inc. dba Fabco Shoes David Weinman 52-55 74th Street Elmhurst, NY 11373 718-898-4200 Ext. 115, Fax 718-507-7403 Email: terryd@fabshoes.com
Shoes The 54-unit chain operates locations throughout NJ and NY. The stores, offering footwear, handbags and accessories, occupy spaces of 2,500 sq.ft. in freestanding locations and urban/ downtown areas. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 15 years. Major competitors include Payless ShoeSource.
Nine West Group, Inc. dba Nine West, Enzo, Easy Spirit, Bandolino, Nine West Outlet and Easy Spirit Outlet Michael Sadi 1129 Westchester Avenue White Plains, NY 10604 914-640-6400/5934, Fax 914-640-5521 Email: msadi@jny.com Web site: www.ninewest.com
Shoes The 1,000-unit chain operates locations nationwide. The shoe stores occupy spaces of 1,500 sq.ft. to 3,000 sq.ft. in malls and outlet, specialty and strip centers, as well as urban/ downtown areas. Growth opportunities are sought throughout the existing market during the coming 18 months.
Laurie’s Shoes, Inc. dba Laurie’s Shoes Mark Waldman 9916 Manchester Road St. Louis, MO 63122 314-961-7092 Email: mark@lauriesshoes.com Web site: www.lauriesshoes.com
Shoes The seven-unit chain operates locations throughout IL and MO. The shoe stores occupy spaces of 1,000 sq.ft. to 3,000 sq.ft. in freestanding locations, malls and strip centers. Growth opportunities are sought throughout the existing markets, as well as KS, during the coming 18 months. Typical leases run three to five years.
Shoe City Bob Pratt c/o R.L. Pratt and Associates 123 Washington Boulevard, Penthouse Suite Marina Del Rey, CA 90292 310-577-1414, Fax 310-577-1415 Email: bob@rlpratt.com Web site: www.rlpratt.com
Shoes The 45-unit chain operates locations throughout southern CA. The stores, offering brandname athletic footwear and sportswear, occupy spaces of 4,500 sq.ft. to 6,000 sq.ft. in freestanding locations and power and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months, with representation by R.L. Pratt and Associates. Typical leases run five years with two, five-year options. A vanilla shell and specific improvements are required. Preferred demographics include a population of 100,000 within three miles. Major competitors include Shoe Warehouse. The company will consider acquiring sites.
Alamo Drafthouse Cinema Charlie Phelps c/o Paraclete Realty 9648 South Pines Road, Suite 100 Warrenton, VA 20186 301-536-7900 Email: charlie@paracleterealty.com Web site: www.paracleterealty.com
Specialty The 12-unit chain operates locations throughout the mid-Atlantic region of the U.S. The restaurants and movie theaters occupy spaces of 30,000 sq.ft. in freestanding locations, power centers and downtown areas. Growth opportunities are sought throughout MD, VA and Washington, DC during the coming 18 months, with representation by Paraclete Realty.
Rip Curl Mike Rielly c/o Townsend & Associates 1460 4th Street, Suite 306 Santa Monica, CA 90401 310-286-9945, Fax 310-861-0849 Email: mrielly@townsendassociates.com
Specialty The 12-unit chain operates locations throughout CA, FL and HI. The surf shops occupy spaces of 2,000 sq.ft. to 3,500 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months, with representation by Townsend & Associates.
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Lead Sheet Ron Jon Surf Shop of Florida dba Ron Jon Surf Shop Jacquie Youngs 3850 South Banana River Boulevard Cocoa Beach, FL 32931 321-799-8866, Fax 321-799-8874 Email: jacquiey@rjss.com Web site: www.ronjons.com
Specialty The eight-unit chain operates locations throughout FL, NJ and SC. The stores, offering surf boards and related apparel, as well as water sports equipment, occupy spaces of 8,000 sq.ft. to 15,000 sq.ft. in malls and entertainment and tourist centers. Growth opportunities are sought throughout TX and VA during the coming 18 months. Typical leases run five years. A vanilla shell is required. Preferred cotenants include tourist- and entertainment-based retailers. Preferred demographics include a population of 200,000 within 10 miles earning $70,000 as the average household income. Major competitors include Hollister, PacSun, Tilly’s and Zumiez.
Sur La Table Steve Bartha c/o S.J. Bartha Consulting Group, LLC 122 Kensington Drive Ft. Lee, NJ 07024 201-302-9116
Specialty The 90-unit chain operates locations nationwide. The stores, offering kitchen items, including bakeware, books, electronics, glassware, linens and furnishings, as well as featuring cooking classes, occupy spaces of 5,000 sq.ft. to 6,000 sq.ft. in regional malls, lifestyle centers and urban/downtown areas. Plans call for 10 openings throughout the existing market during the coming 18 months, with representation by S.J. Bartha Consulting Group, LLC. Preferred cotenants include upscale retailers.
Postnet International Franchise Corp. dba Postnet Jason Tragesser 1819 Wazee Street Denver, CO 80202 303-771-7100 Web site: www.postnet.com
Specialty The 1,000-unit chain operates locations nationwide and internationally. The stores, offering shipping and copying services, occupy spaces of 1,000 sq.ft. to 1,800 sq.ft. in anchored strip centers. Growth opportunities are sought nationwide during the coming 18 months. Typical leases run five years. A vanilla shell is required. Preferred cotenants include Great Clips, Subway, Starbucks and grocery stores. Preferred demographics include a population of 15,000 within three miles earning $50,000 as the average household income. The company is franchising.
Christy Sports, LLC dba Christy Sports Keith Liefer 800 Weiss Drive, Suite D Steamboat Springs, CO 80487 970-879-4536 Ext. 23, Fax 970-879-1821 Web site: www.christysports.com
Sporting Goods The 41-unit chain operates locations throughout CO and UT. The sporting goods stores occupy spaces of 4,500 sq.ft. to 10,000 sq.ft. in strip centers and resort areas. Growth opportunities are sought throughout the existing markets during the coming 18 months.
Spirit Halloween Superstores Alexander Hill c/o Winick Realty Group 655 Third Avenue, 8th Floor New York, NY 10017 212-792-2655, Fax 212-792-2660 Email: ahill@winick.com
Temporary Tenant The company plans to operate 900 temporary locations this season. The stores, offering costumes, masks, wigs, make-up and accessories, occupy spaces of 5,000 sq.ft. in various types of spaces. Growth opportunities are sought throughout Brooklyn, Bronx, Manhattan, Queens and Staten Island, NY during the coming 18 months, with representation by Winick Realty Group. The company leases spaces from mid-August through mid-November, and will also consider spaces of 3,500 sq.ft. for its ToyZam! concept during the holiday season. The company prefers to locate in ground-level spaces.
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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Mesa – McKellips Marketplace, a 145,000 sq.ft. center situated on 18 acres at the intersection of Power Road and McKellips Road, has space available. Safeway, Walgreens and Peter Piper Pizza anchor the center. Area retail includes Target, Famous Footwear, Bed Bath & Beyond, PetSmart, Michaels and Home Depot. Area draws include Mesa Community College Red Mountain Campus. Area demographics include a population of 170,985 within five miles earning $64,786 as the average household income. The average daily traffic count is over 51,000 vehicles. For details, contact Greg Saltz or Kurt Kalocin, De Rito Partners, Inc., 3200 East Camelback Road, Suite 175, Phoenix, AZ 85018; 602-288-3430 or 602-553-2978, Fax 602-381-1981; Emails: greg.saltz@derito.com and kurt.kalocin@derito.com; Web site: www.derito.com.
For details, contact Terry Bortnick or Daniel Firtel, Argent Retail Advisors, Inc., 27742 Vista del Lago, Suite 2, Mission Viejo, CA 92692; 888-301-1888 Ext. 2/3, Fax 888-400-4270; Emails: tbortnick@argentretailadvisors.com and dfirtel@argentretailadvisors.com; Web site: www.argentretailadvisors.com. For additional information regarding the Anaheim property, contact Visall Lay; 888-301-1888 Ext. 5; Email: vlay@argentretailadvisors.com. For additional information regarding the Cerritos property, contact Thomas Tway; 888-301-1888 Ext. 4; Email: ttway@argentretailadvisors.com.
Dale Mabry Highway and Ehrlich Road, has spaces available of 900 sq.ft; 2,500 sq.ft. and 3,484 sq.ft. American Signature, Target, DSW, Staples and Ross Dress for Less anchor the center. Also, Mission Bell Shopping Center, a 197,181 sq.ft. center located along North Dale Mabry Highway, has a 1,626 sq.ft. space available along with a 2,741 sq.ft. divisible endcap space. Lowe’s Home Improvement anchors the center. The average daily traffic count is 68,000 vehicles. For details, contact Brian Bern or Ryan Derriman, Franklin Street Real Estate Services, 500 North Westshore Boulevard, Suite 750, Tampa, FL 33609; 813-658-3343/3359, Fax 813-839-7330; Emails: brianbern@fsfp.com and ryan.derriman@fsfp.com; Web site: www.franklinstreetfinancial.com.
California Anaheim – Euclid Plaza, a 131,074 sq.ft. center located at the intersection of Euclid Street and Crescent Avenue, has spaces available from 1,187 sq.ft. to 3,044 sq.ft. 99 Ranch Supermarket anchors the center. Area retail includes Walmart, Forever 21, Ross Dress for Less, T.J. Maxx, El Super Supermarket, Smart ‘N Final, OfficeMax, Petco and Party City. Area demographics include a population of 661,400 within five miles earning $73,840 as the average household income. The average daily traffic count is 65,000 vehicles. The asking monthly rent ranges from $1.75 psf to $1.95 psf NNN. Carson – Carson Plaza, an 80,838 sq.ft. community shopping center located along East University Drive, has spaces available from 1,266 sq.ft. to 1,785 sq.ft. Ralph’s anchors the center. Area retail includes The Home Depot Center. Area draws include California State University Dominguez Hills. Area demographics include a population of 162,000 within three miles. Cerritos – Del Amo Plaza, a 58,126 sq.ft. neighborhood strip center located at the intersection of Del Amo Boulevard and Pioneer Boulevard, has spaces available from 630 sq.ft. to 1,738 sq.ft. Bally Total Fitness anchors the center. The average daily traffic count is 48,000 vehicles. The asking monthly rent ranges from $1.50 psf to $2.25 psf. Costa Mesa – Von’s Center, an 84,000 sq.ft. neighborhood strip center located at the intersection of East 17th Street and Newport Boulevard, has a 2,200 sq.ft. space available. Vons anchors the center and cotenants include CVS. The average daily traffic count is 90,000 vehicles. The asking annual rent is $45 psf. page 16
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Florida Apollo Beach – Mirabay Village, a 93,995 sq.ft. center located at the intersection of U.S. Highway 41 and Leisey Road, has spaces available of 1,185 sq.ft.; 1,200 sq.ft.; 1,238 sq.ft.; 1,352 sq.ft. and 2,143 sq.ft. along with two spaces each of 1,200 sq.ft. and 1,208 sq.ft. and divisible spaces of 3,600 sq.ft. and 10,475 sq.ft. Sweetbay Supermarket anchors the center. Haines City – Heart of Florida Shopping Center, a 21,300 sq.ft. center located along U.S. Highway 27, has space available. Bradenton – Manatee West, a 47,689 sq.ft. center located along Manatee Avenue West, has spaces available of 1,000 sq.ft.; 1,500 sq.ft.; 2,200 sq.ft.; 2,400 sq.ft. and 2,700 sq.ft. along with two spaces each of 900 sq.ft. and 1,350 sq.ft. Albertson’s anchors the center. Clearwater – Missouri Crossings, a 38,400 sq.ft. center located along South Missouri Avenue, has a 13,347 sq.ft. space available. Office Depot anchors the center. Largo – Tri-City Plaza, located at the intersection of East Bay Drive and U.S. Highway 19, has anchor and junioranchor spaces available along with outlots. Publix anchors the center. Also, Walmart Plaza, a 149,472 sq.ft. center located at the intersection of Missouri Avenue and Rosery Road, has a 5,550 sq.ft. space available along with a divisible space of 101,900 sq.ft. Aldi and Walmart anchor the center. New Port Richey – Regency Plaza, a 51,383 sq.ft. center located along U.S. Highway 19, has spaces available of 830 sq.ft.; 900 sq.ft.; 960 sq.ft.; 1,000 sq.ft.; 1,200 sq.ft.; 1,500 sq.ft.; 1,800 sq.ft.; 1,989 sq.ft.; 2,037 sq.ft.; 2,237 sq.ft.; 2,570 sq.ft. and 2,700 sq.ft. Cotenants include Carrabba’s Italian Grill and Sweet Tomatoes. Tampa – Live Oak Shopping Center, an 8,600 sq.ft. center located along Bruce B. Downs Boulevard, has a divisible space of 2,800 sq.ft. available. Also, Carrollwood Commons, a 130,337 sq.ft. center located at the intersection of North
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Davie – Pine Island, located along State Road, has spaces available of 850 sq.ft.; 1,500 sq.ft.; 1,800 sq.ft.; 2,201 sq.ft.; 2,250 sq.ft.; 2,550 sq.ft.; 2,975 sq.ft.; 3,032 sq.ft.; 3,400 sq.ft. and 5,068 sq.ft. along with two 1,275 sq.ft. spaces and two 1,700 sq.ft. spaces. Cotenants include Burlington Coat Factory. Hollywood – Sheridan Plaza, located at the intersection of North 56th Avenue and Sheridan Street, has spaces available from 500 sq.ft. to 10,027 sq.ft. Cotenants include Publix, LA Fitness, Bed Bath & Beyond, Kohl’s, Ross Dress for Less and Office Depot. Area demographics include a population of 396,011 within five miles earning $47,121 as the median household income. Miami – Plaza Alegre, an 88,411 sq.ft. center located at the intersection of Coral Way/Southwest 26th Street and Southwest 147th Avenue, has spaces available of 1,940 sq.ft.; 2,400 sq.ft. and 4,800 sq.ft. along with two 1,200 sq.ft. spaces. Cotenants include Goodwill Industries, Publix, Dryclean USA, Blockbuster Video, Elsa’s Beauty Salon, Nail Fun, Inc., Foong Garden Chinese Restaurant, Cora Health Services, Allstate Insurance and Wells Fargo Bank. Area demographics include a population of 343,877 within five miles earning $54,836 as the median household income. For details regarding the Davie property, contact Meredith Houseman, Equity One, 1600 Northeast Miami Gardens Drive, North Miami Beach, FL 33179; 561-6254655; Email: mhouseman@equityone.net; Web site: www.equityone.net. For details regarding the Hollywood property, contact Andrew Bell; 305-947-1664; Email: abell@equityone.net. For details regarding the Miami property, contact Marsha Griffiths, 305-947-1664; Email: mgriffiths@equityone.net.
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Hialeah – A 59,485 sq.ft. strip center located along West 68th Street has an 8,870 sq.ft. divisible former CVS available for sublease. Cotenants include Subway, Payless ShoeSource, Checkers, Wachovia Bank and Colonial Supermarket. Area demographics include a population of 128,264 within two miles earning $39,206 as the median household income. The average daily traffic count is 75,000 vehicles. Hollywood – A 6.2acre parcel located at the intersection of Griffin Road and U.S. Highway 441 is available. Area demographics include a population of 315,225 within five miles earning $68,715 as the average household income. The average daily traffic count is 175,000 vehicles. Miami – Northside Shopping Center, a 475,456 sq.ft. center situated on 45 acres at the intersection of Northwest 79th Street and Northwest 27th Avenue, has space available along with outlots. Cotenants include The Village Market, IGA Supermarket, New York Discounts, Walgreens, McDonald’s and Foot Locker. Area demographics include a population of 523,386 within five miles earning $53,911 as the average household income. The average daily traffic count is 70,500 vehicles. The asking rent ranges from $10 psf to $18 psf. For details regarding the Hialeah property, contact Morry Silverman, Atlantic Commercial Group, 7251 West Palmetto Park Road, Suite 207, Boca Raton, FL 33433; 561-447-8610, Fax 561-447-8862; Email: morry@atlanticcg.com. For details regarding the Hollywood property, contact Morry Silverman or Gary Broidis; Email: gary@atlanticcg.com. For details regarding the Miami property, contact Keith Short; Email: keith@atlanticcg.com.
2,530 sq.ft. space available. Cotenants include RadioShack, Casual Male XL and Pep Boys. Area demographics include a population of 102,000 within three miles earning $63,500 as the average household income. The average daily traffic count is 30,000 vehicles. The asking annual rent is $14 psf with CAM and taxes of $5.25 psf. Lynwood – Lynwood Plaza, located along South Torrence Avenue, has spaces available of 1,000 sq.ft. and 2,200 sq.ft. Cotenants include PK’s Pantry, Woo Woo’s BBQ Inc., Lynwood Cleaners, JC’s Barber Shop and Club Diamond. Area
demographics include a population of 54,615 within three miles earning $74,896 as the average household income. The average daily traffic count is 29,000 vehicles. The asking annual rent ranges from $12 psf to $14 psf. For details regarding the Chicago and Joliet properties, contact Terri Cox, Matanky Realty Group, 200 North LaSalle, Suite 2350, Chicago, IL 60601; 312-337-1001, Fax 312337-5996; Web site: www.matanky.com. For details regarding the Lynwood property, contact Matthew Ramadan. (continued on page eighteen)
Illinois Chicago – Marshfield Plaza, a center situated on 38 acres at the intersection of 119th Street and Marshfield Avenue, has spaces available from 1,400 sq.ft. to 7,624 sq.ft. Target, JewelOsco and Burlington Coat Factory anchor the center. Cotenants include Chili’s, GameStop, Subway, T-Mobile, Panda Express, Fifth Third Bank, Petco, Staples, Shoetime, Payless ShoeSource, Marshalls, Dollar Tree, Anna’s Linens, Simply Fashions, City Sports, Dots, LA Fitness, Ashley Stewart, CJ Beauty Supply and Nail Works. Area demographics include a population of 93,309 within two miles earning $58,808 as the average household income. The average daily traffic count is 120,000 vehicles. The asking annual rent ranges from $22 psf to $47 psf with CAM and taxes of $5.76 psf. Joliet – Joliet Plaza, located along North Larkin Avenue, has a www.dealmakers.net
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Baton Rouge – Siegen Lane Marketplace, a onemillion sq.ft. mixed-use power center, and Sicily’s Plaza, a 27,500 sq.ft. center, both located at the intersection of Interstate 10 and Siegen Lane, have space available along with outlots. Walmart Supercenter, Sam’s Club, Kohl’s, Lowe’s Home Improvement and Toys “R” Us/Babies “R” Us anchor the centers. Cotenants include Chili’s, Joe’s Crab Shack, Sicily’s Pizza, Backyard Burger, Texas Roadhouse, Chuck E. Cheese’s, Bed Bath & Beyond, Old Navy, Shoe Carnival, dressbarn, T.J. Maxx, Avenue, PetSmart, Jo-Ann Fabrics, EB Games, Wells Fargo, Oreck and Honey Baked Ham. Area demographics include a population of 382,290 within 10 miles earning $66,474 as the average household income. For details, contact Mall Properties, Inc., 654 Madison Avenue, New York, NY 10065; 212-935-1330, Fax 212-832-5369; Email: leasing@mallproperties.com; Web site: www.mpi-re.com.
New Jersey North Bergen – North Bergen Center, a 123,987 sq.ft. center located at the
New Jersey
New York
intersection of U.S. Route 1&9/Tonnelle Avenue and 69th Street, has space available. Area retail includes A.J. Wright, Marshalls, Target, HomeGoods, PetSmart, Staples, Kohl’s, Lowe’s Home Improvement and Home Depot. Area demographics include a population of 1.653 million within five miles earning $120,680 as the median household income. The average daily traffic count is 60,246 vehicles. For details, contact Scott Sher or Brian Katz, Katz & Associates Corp., One Blue Hill Plaza, Suite 1440, Pearl River, NY 10965; 845-735-6666; Emails: scottsher@dkatz.com and briankatz@dkatz.com; Web site: www.katzassociates.com.
Brooks Brothers, Gucci, Louis Vuitton, Ralph Lauren, Tiffany & Co., Cartier and Apple Store. Area demographics include a population of 2.336 million within 10 miles earning $86,867 as the average household income. For details, contact Mall Properties, Inc., 654 Madison Avenue, New York, NY 10065; 212-935-1330, Fax 212-832-5369; Email: leasing@mallproperties.com; Web site: www.mpi-re.com.
New York Manhasset – Manhasset Shopping Center, located along Northern Boulevard, has spaces available from 1,261 sq.ft. to 2,598 sq.ft. Crate & Barrel anchors the center and cotenants include Abercrombie & Fitch, Lululemon Athletica, White House|Black Market, Urban Outfitters, Gap, J. Crew and Sephora. Area retail includes Americana Manhasset, featuring
North Greenbush – Van Rensselaer Square, a 240,000 sq.ft. power center located at the intersection of Route 4 and Route 43, has spaces available starting at 1,500 sq.ft. Area retail includes Target, Home Depot, Walmart Supercenter and Regal Cinemas. Area demographics include a population of 139,094 within five miles earning $42,441 as the median household income. The average daily traffic count is 24,270 vehicles. The asking rent is $20 psf NNN. For details, contact Gordon Heeps or Kenneth Brownell, Vanguard-Fine, LLC, 2050 Western Avenue, Suite 201, Guilderland, NY 12084; 518-862-0861 Ext. 206/201, Fax 518862-0861; Emails: gheeps@vanguardfine.com and kbrownell@vanguardfine.com; Web site: www.vanguardfine.com.
North Carolina Concord – Carolina Mall, located at the intersection of Country Club Drive Northeast and Concord Parkway North, has space available. Belk, JCPenney, Sears and Staples anchor the center. Area demographics include a trade-area population of 257,000 earning $69,240 as the average household income. Hendersonville – Blue Ridge Mall, located at the intersection of Four Seasons Boulevard and North Blue Ridge Avenue, has space available. JCPenney, Belk and Big Kmart anchor the center. Cotenants include T.J. Maxx, Maurices, Shoe Show, Bath & Body Works, Hibbett Sports, Parade, Tuesday Morning and rue21. Area demographics include a trade-area population of 176,000 earning $64,100 as the average household income. Shelby – Cleveland Mall, located between East Dixon Boulevard and East Marion Street, has space available. Belk, Sears, Burkes Outlet and Carmike Cinemas anchor the center. Cotenants include McDonald’s, Ruby Tuesday, Zaxby’s, First Union and Denny’s. Area demographics include a trade-area population of 327,400 earning $61,000 as the average household income. The average daily traffic count is 34,700 vehicles. (continued on page twenty) page 18
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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 online 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-todate information, print letters and save searches. Get the details on over 6,000 retailers. TenantSearch provides: Contact Name for Director of Real Estate or Tenant Rep; 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.
Try a Demo to See for Yourself How Easy TenantSearch is to Use! Just call us for a demo on CD-Rom or go online at www.tenantsearch.com
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 retail uses you desire, and within seconds you’ll have a list of prospective tenants for your location.
Call 1-800-732-5856 or visit our Web site at www.tenantsearch.com
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For details, contact Hull Storey Gibson Cos., LLC, 1190 Interstate Parkway, Augusta, GA 30909; 706-863-2222; Web site: www.hullstoreygibson.com.
Ohio Akron – The Plaza at Chapel Hill, a 494,000 sq.ft. center located at the intersection of Howe Avenue and Main Street, has spaces available of 2,500 sq.ft. and 3,200 sq.ft. Giant Eagle, T.J. Maxx, OfficeMax, Marc’s, Plaza Cinemas, BJ’s Wholesale Club, Pier 1 Imports, Toys “R” Us, Burlington Coat Factory, Shoe Carnival and hhgregg anchor the center. Area demographics include a population of 225,780 within five miles earning $53,012 as the average household income. Ashland – Home Depot Plaza, located at the intersection of SR 250/East Main Street and Sugarbush Drive, has a 1.75-acre outlot available. Home Depot anchors the center and cotenants include Sutton Bank. Area retail includes Buehler’s Fresh Foods and Walmart Supercenter. Area demographics include a trade-area population of 57,448 earning $51,632 as the average household income. Parma – Pleasant Valley, a 238,000 sq.ft. center located at the intersection of Pleasant Valley Road and Broadview Road, has a 2,525 sq.ft. space available. Acme, T.J. Maxx, Pet Supplies Plus and Big Lots anchor the center. Area demographics include a population of 163,994 within five miles earning $59,453 as the median household income. Strongsville – The Plaza at SouthPark, located at the intersection of State Route 82 and Interstate 71, has spaces available of 5,000 sq.ft. and 6,600 sq.ft. Costco, Best Buy, Bed Bath & Beyond, La-Z-Boy and Petco anchor the center. Area retail includes SouthPark Mall. Area demographics include a population of 133,174 within five miles earning $71,853 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.
Pennsylvania Chambersburg – Franklin Center, a 259,306 sq.ft. center located along Lincoln Highway, has spaces available from 1,200 sq.ft. to 25,000 sq.ft. Ollie’s Bargain Outlet anchors the center and cotenants include Curves, A Second Chance, Factory Direct Carpets, Grand Tan, Heritage Music, Perkins and page 20
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Popeye’s. Area demographics include a population of 58,357 within seven miles earning $48,296 as the median household income. Exton – Festival at Exton, a 144,983 sq.ft. center located along West Lincoln Highway, has spaces available of 2,298 sq.ft. and 6,954 sq.ft. Marshalls/HomeGoods anchors the center and cotenants include Deals, Bhavani Grocery, Salad Creations, Schoeneman Beauty Supply, Anthony’s Pizza, Edible Arrangements, Exton Nails, Dairy Queen, Capo’s Italian Market, Nudy’s Café, Tires Plus, Liberty Mutual, American General Finance, Golf Etc., Spotless Cleaners, Bonefish Grill, FedEx Office, AT&T Mobility, Applebee’s and Ruby Tuesday. Area demographics include a population of 182,269 within seven miles earning $86,970 as the median household income. For details regarding the Chambersburg property, contact Jim Pointer, Charter Realty & Development Corp., 940 Haverford Road, Bryn Mawr, PA 19010; 717-2788494; Email: jim@chartweb.com; Web site: www.chartweb.com. For details regarding the Exton property, contact Daniel Mortimer; 484-419-1192; Email: dmortimer@chartweb.com.
center located along North Beach Street, has spaces available from 650 sq.ft. to 3,800 sq.ft. Cotenants include Fitness 2000, Our Place Restaurant, Blossoms Silk Flowers, American Dental, Taste of Asia, Th3 Arcade, T-Mobile, State Farm Insurance, Awesome Cuts, Ted E’s Burgers and Goin’ Postal. Area retail includes Ace Hardware, Walmart Supercenter, CVS, Compass Bank and Chase Bank. Area demographics include a population of 229,956 within five miles earning $82,072 as the average household income. The average daily traffic count is 26,706 vehicles. For details regarding the Arlington property, contact Dorinda Cavender or Bryan Dyer, The Woodmont Co.; 817-377-7785; Emails: dcavender@woodmont.com and bdyer@woodmont.com. For details regarding the Baytown property, contact Grant Gary; 817-377-7735; Email: ggary@woodmont.com. For details regarding the Ft. Worth property, contact Trip Green; 817-377-7763; Email: tgreen@woodmont.com.
Texas Arlington – A center located along West Arbrook Boulevard has a 6,152 sq.ft. space available. Area retail includes SuperTarget, Barnes & Noble, Macy’s, AMC Theatres, Home Depot, Ashley Furniture, Dillard’s, OfficeMax, Ross Dress for Less, Famous Footwear, David’s Bridal, Best Buy, JCPenney, Sears, Hobby Lobby, The Sports Authority, Jo-Ann Fabrics and Payless ShoeSource. Area demographics include a population of 325,574 within five miles earning $73,189 as the average household income. The average daily traffic count is 18,582 vehicles. Baytown – Baytown Conn’s Retail Center, a 52,445 sq.ft. center situated on 10.7 acres along Garth Road, has spaces available of 1,000 sq.ft. and 2,464 sq.ft. Conn’s anchors the center and cotenants include Five Guys Famous Burgers and Fries, Divine Massage, Purpose Money, Nutrition Depot, T-Mobile and Chick-fil-A. Area retail includes Best Buy, Home Depot, Lowe’s Home Improvement, Old Navy, Target, Hobby Lobby, Kroger, Office Depot, Ross Dress for Less and Walmart Supercenter. Area demographics include a population of 170,247 within 10 miles earning $66,167 as the average household income. The average daily traffic count is 28,950 vehicles. Ft. Worth – Beach Street Market, a 59,850 sq.ft.
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Virginia Bristow – Bristow Center, a 200,000 sq.ft. neighborhood shopping center located along Bristow Center Drive, has spaces available from 1,400 sq.ft. to 15,480 sq.ft. Harris Teeter anchors the center and cotenants include U.S. Nails, Bristow Barbers, Bristow Cleaners, Ai Sushi, Subway, VA ABC Liquors, Thai Peppers, Foster’s Grill, Lin’s China Bistro, Baja Bistro, AT&T Mobility, Tiger Martial Arts, Tony’s NY Pizza, Wing It, Pizza Hut, Anytime Fitness, CVS, Fauquier Bank, BB&T Bank and PNC Bank. Area retail includes Center at Innovation, featuring Target, PetSmart and T.J. Maxx. Area demographics include a population of 274,880 within 10 miles earning $112,548 as the average household income. The average daily traffic count is 21,000 vehicles. Centreville – Centrewood Plaza, a 98,877 sq.ft. neighborhood shopping center located along St. Germaine Drive, has a 788 sq.ft. space available. Giant anchors the center and cotenants include Citibank, Crest Cleaners, Sport Clips, GameStop, Subway, Starbucks, VA ABC Liquors, Banner Hallmark, CC Salon & Spa, Tippy’s Taco, Baskin-Robbins, Ledo Pizza, Angelic Spa & Nails, Zanib Jewelers, BBQ Chicken & Beer, Charlie Chiang’s and Shade Tree Restaurant. Area demographics include a population of 606,744 within 10 miles earning $128,452 as the average household income. Richmond – Chesterfield Marketplace, a 197,941 sq.ft. center located (continued on page twenty-two)
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Space Place Virginia
(continued from page twenty)
at the intersection of Midlothian Turnpike and Carmia Way, has spaces available from 1,600 sq.ft. to 34,000 sq.ft. Home Depot anchors the center and cotenants include Sally Beauty Supply, Dollar Tree, Subway, H&R Block, Jiang’s Chinese Restaurant, Rugged Wearhouse, Staples, PetSmart and Sonic Drive-In. Area retail includes Chesterfield Towne Center, featuring Macy’s, Barnes & Noble, Sears, Red Robin and JCPenney. Area demographics include a population of 121,454 within five miles earning $97,054 as the average household income. The average daily traffic count is 57,000 vehicles. For details regarding the Bristow property, contact Will Collins, Rappaport Retail Brokerage, 8405 Greensboro Drive, 8th Floor, McLean, VA 22102-5121; 571382-1225, Fax 571-382-1210; Email: wcollins@rappaportco.com; Web site: www.rappaportco.com. For details regarding the Centreville property, contact John Hayden; 571-381-1222; Email: jhayden@rappaportco.com. For details regarding the Richmond property, contact Susan Bourgeois; 571-382-1288; Email: sbourgeois@rappaportco.com.
Virginia
Virginia
Dulles – Dulles Town Crossing, a 737,000 sq.ft. regional center located at the intersection of Sully Road/VA Route 28 and Nokes Boulevard, has spaces available of 1,958 sq.ft. and 4,972 sq.ft. Cotenants include Lowe’s Home Improvement, Bed Bath & Beyond, Sam’s Club, Value City Furniture, Cost Plus World Market, Ashley Furniture Homestore, Walmart and Best Buy. Area demographics include a population of 310,435 within seven miles earning $114,717 as the median household income. The average daily traffic count is 70,000 vehicles. Gainesville – Virginia Gateway, a 1.1-million sq.ft. mixed-use regional center located at the intersection of Interstate 66 and Route 29, has spaces available of 18,435 sq.ft. and 28,443 sq.ft. Cotenants include Target, The Sports Authority, Giant, HomeGoods, PetSmart, Justice, Lowe’s Home Improvement, Best Buy, DSW, La-Z-Boy and Five Below. Area demographics include a population of 69,686 within five miles earning $103,451 as the median household income. Leesburg – Battlefield Shopping Center, a 316,586 sq.ft. regional center located at
the intersection of Leesburg Bypass and Edwards Ferry Road, has spaces available from 1,600 sq.ft. to 22,250 sq.ft. Shoppers Food Warehouse, RoomStore, Ross Dress for Less, Stein Mart, Michaels and Staples anchor the center. Cotenants include Hancock Fabrics, Lili Nails, Battlefield Cleaners, Liberty Tax, Merle Norman, Tuesday Morning, Mary’s Barber, Payless ShoeSource, Sally Beauty Supply, Quiznos, Cold Stone Creamery, Starbucks, Golden China Restaurant, Ledo Pizza, Baer’s Mattress Den, Suntan Shop, McCormick Paints and Ruby Tuesday. Area demographics include a population of 86,997 within five miles earning $108,176 as the median household income. The average daily traffic count is 41,700 vehicles. For details, contact Ray Schupp or Andrew Rose, Next Realty, 1750 Old Meadow Road, Suite 250, McLean, VA 22102; 703-442-4500 Ext. 21/26; Emails: rschupp@nextrealty.com and arose@nextrealty.com. For additional information regarding the Gainesville property, contact George Galloway; 703-442-4500 Ext. 12; Email: ggalloway@nextrealty.com. DM
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The
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Retail Specialists unique
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NY, NJ, CT & PA
solutions
• Branford, CT – Branhaven Plaza
• Nanuet, NY – Route 59 – Rockland Center
• Derby, CT – Pershing Drive – ShopRite Plaza
• Newburgh, NY – Route 300 – Newburgh Towne Center
• Milford, CT – Liberty Rock Shopping Center
• Pawling, NY – Route 22 – Pawling Park
3,675 SF (divisible) Avail. Join Kohl’s, Big Y, Children’s Place, Justice, Dots, Payless, Olympia Sports, Radio Shack, and GNC. High Traffic Center.
4,000 – 10,000 SF Avail. Join ShopRite, Petland, Pay-Half & Advance Auto Parts. 1,200 – 3,000 SF Avail. Join K-Mart, Ocean State, Walgreens, Dollar Tree, Fashion Bug & Subway.
• Newington, CT – Berlin Tpke. – JoAnn’s Plaza
1,500 & 19,850 SF Avail. Join JoAnn’s, Big Lots, Planet Fitness & T-Mobile.
• Norwalk, CT – Route 1 – ShopRite Plaza
2,000 & 12,000 SF Avail. Join ShopRite, Barnes & Noble, GameStop & UPS.
• Norwalk, CT – 607 Main Ave. (Route 7) – Center Seven
1,400 – 4,300 SF Avail. Join Starbucks, Citibank & Planet Fitness.
• Norwalk, CT – 652 Main Ave. (Route 7) – Wal-Mart Center
3,200 – 7,000 SF Avail. Join Wal-Mart, Staples, Hallmark & Bank of America.
• Orange, CT – Firelite Shopping Center – Retail Space 800 – 4,000 SF Avail.
1,400 SF Avail. Join Stop & Shop, Marshall’s, Dress Barn & Dollar Tree.
1,800 – 6,500 Avail. New Shopping Center. Join Dollar General.
• Peekskill, NY – Route 6 – Main Street Commons
1,000 – 15,000 SF Avail. New Construction. Join Auto Zone.
• Pleasantville, NY– Washington Avenue
1,250 – 2,500 SF Avail Join Cold Stone, Walk to Movie Theater and Train Station.
• Port Chester, NY – Westchester Ave. – Waterfront at Port Chester
4,700 SF Sublease. Food OK. Join Stop & Shop & Bed Bath & Beyond.
• Poughkeepsie, NY – Route 9 – South Road Square
2,425 SF Available Join AutoZone, AT&T, Gamestop, Subway & Casual Male.
• Rye, NY – 100 Purchase Street
1,925 SF Free Standing Bldg Avail. In the heart of Rye, Opposite Train Station.
• Tappan, NY – Route 303
• Orange, CT – 250 Indian River Road
19,000 SF Free Standing Bldg Avail 21 FT ceiling and 92 parking spaces.
• Stamford, CT – Route 1 – Shop Rite Plaza
870 – 4,300 SF Avail. Join Subway, Wendy’s. High Traffic.
• Vails Gate, NY – Route 32 – Big V Town Center
2,000 – 8,000 SF & 5,224 Restaurant Avail. Join Shop Rite, K-Mart, Key Bank.
1,625 SF Avail. Join Shop Rite, Dunkin’ Donuts & Subway.
• Wappingers Falls, NY – Route 9 – Lafayette Plaza
3,800 – 10,000 SF Avail. 45K cars per day. Join Dollar General & Quiznos.
• Airmont/Suffern, NY – Route 59
3,000 - 60,000 SF Avail. Shopping Center redevelopment.
• Westchester, NY – Free Standing Metro North Train Station Buildings
Five MTA sites for lease in Tarrytown, Ossining, Peekskill, Portchester, Ardsley.
• Elmsford, NY – Saw Mill River Rd.
7,000 SF Restaurant Avail. 50 Car Parking.
• West Haverstraw, NY – Route 9W
2 Acre Parcel opposite Stop& Shop at Signaled Intersection.
• Katonah, NY – 18 Woods Bridge Rd. (Route 117)
2,560 SF Avail. Free Standing Building with Drive-Thru. Newly Developed.
• Yonkers, NY – Main Street – New Construction at Waterfront
2,500 – 12,000 SF Avail. Join Key Bank, Retro Fitness & Verizon FIOS.
• Kingston, NY – Ulster Avenue (Route 9W)
2 Free Standing Pad Sites with Drive-thru. Up to 15,000 SF Avail.
• Middletown, NY – Route 211 – H&K Furniture Plaza – FOR LEASE/SALE 1,875 & 43,000 SF Avail. Join Aldi, Cosmo Prof & Sherwin-Williams.
• Monroe, NY – Route 17M – Monroe Plaza
3,300 – 50,000 SF Avail. Join Pathmark, Office Depot, PetSmart, AC Moore, Five Guys, Chili’s & HomeGoods. High Traffic/Visibility.
2,500 – 50,000 SF Avail. Join Stop & Shop, Radio Shack, Rite Aid & McDonald’s.
• Voorhees, NJ – Route 73 & Cooper Rd. – Cooper Plaza
1,500 – 6,000 SF Pad Site & up to 8,500 SF Avail. Join Kohl’s, Raymour & Flanigan, Party City, and Marshalls. High Traffic/Visibility .
• Horsham, PA – Blair Mill Rd. – Village Mall
22,000 – 128,000 SF Avail. Join ACME, Dollar Tree & Rite Aid.
• Perkasie, PA – Constitution Ave. – Perkasie Shopping Center
1,200 – 9,000 SF Avail. Join Landis Supermarket, Rite Aid & McDonald’s.
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Representing retailers in select regions...
850 Bronx River Road • Bronxville, NY 10708 • (t) 914-237-3403 • (f) 914-237-0196
www.RoyalPropertiesInc.com
utter Bread & b Coffee too
Bread Lunch @ Panera Noon Fabric softener
pick up photos Renew Driver’s License
iTunes card
fertilizer, mulch golf balls
Everyday Needs = Good Business There’s nothing fancy about everyday shopping needs: picking up dry cleaning in the morning, grabbing take-out food for lunch, shopping after work for a new DVD, sweat socks, shampoo or even bread and butter. Everyday necessity shopping drives daily customer traffic to the retail, food and “big box” stores at Cedar’s Bread & Butter Shopping Centers®. Centers that serve everyday shopping needs is our formula for good business.
Cedar Shopping Centers, Inc. Developers, Owners and Managers of Bread & Butter Shopping Centers® www.cedarshoppingcenters.com