Reporting The Nation’s Weekly News on Retailing & Retail Real Estate
Volume XXVI No. XXIX
August 5, 2011
Home-Related Chains Expand Nationwide Kirkland’s, Inc. trades as Kirkland’s at 300 locations nationwide throughout 29 states. The home furnishings stores, offering gifts, decorative accessories and housewares, occupy spaces of 7,500 sq.ft. to 10,000 sq.ft. in freestanding locations and power and strip centers. Growth opportunities are sought nationwide during the coming 18 months. Typical leases run five years. A vanilla shell and specific improvements are required. Preferred cotenants include Bed Bath & Beyond, Target, Marshalls and T.J. Maxx. A land area of one acre is required for freestanding locations. For more information, contact Sarah Weaver, Kirkland’s, Inc., 2501 McGavock Pike, Suite 1000, Nashville, TN 37214; 615-872-4840, Fax 615872-4902; Email: sarah.weaver@kirlands.com; Web site: www.kirklands.com. Tollefson’s Retail Group trades as Carpet Garage and Slumberland Furniture at 23 locations throughout MN, MT and ND. The home furnishings stores occupy spaces of 16,000 sq.ft. to 21,000 sq.ft. in freestanding locations. Growth opportunities are sought for the Carpet Garage concept throughout the existing markets during the coming 18 months. Preferred demographics include a population of 35,000 within 15 miles. A land area of 50,000 sq.ft. is required. The company prefers to to build its stores. For more information, contact Roger Tollefson, Tollefson’s Retail Group, PO Box 698, Minot, ND 58701; 701-852-5231, Fax 701-837-0177; Web site: www.carpetgarage.com.
Kitz & Pfeil Hardware Co. trades as Kitz & Pfeil True Value at five locations throughout WI. The hardware stores occupy spaces of 15,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. The company prefers to acquire sites. For more information, contact Jim Stapel, Kitz & Pfeil Hardware Co., 427 North Main Street, Oshkosh, WI 54901; 920-236-3340, Fax 920236-3348. Old Time Pottery operates 28 locations throughout AL, FL, GA, IL, IN, MO, NC, OH, SC and TN. The stores, offering home décor items, housewares, seasonal decorations, linens, rugs, glassware and dinnerware, framed artwork, mirrors, lamps, candles and silk flowers, occupy spaces of 45,000 sq.ft. to 80,000 sq.ft. in freestanding locations and power and strip centers. Growth opportunities are sought throughout FL, NC, SC and VA during the coming 18 months, with representation by Trademark Properties, Inc. Typical leases run 10 years. A vanilla shell and specific improvements are required. Preferred demographics include a population of 300,000 within 10 miles. For more information, contact Todd Snyder, Trademark Properties, Inc., PO Box 1230, Pensacola, FL 32591; 850-434-1173, Fax 850434-0656; Email: ths@trademarkprop.com; Web site: www.oldtimepottery.com. (continued on page seven)
This issue contains information on:
* Retailers operating 29,657 locations with plans to open 2,447 sites * Real estate valued in excess of $125.8 million to be bought, sold & financed * Leasing activity on over 5.8 million sq.ft. of retail properties
Important News Please Expedite
Postmaster: Periodical
Featuring National Focus New Construction DeBartolo Development is developing a 1.3-million sq.ft. mixed-use project in Mesa, AZ............................... Pg. 3 Buyers and Sellers Citivest Realty Services, Inc. looks to acquire retail properties nationwide............ Pg. 4 Food Retailers Expand Azuki Japan looks to enter the New York, NY metropolitan market .................................. Pg. 5 Openings Mattress Firm, Inc. to quadruple its store count in the coming several years........ Pg. 6 Exclusives Streetsense represents retailers throughout the Washington, DC area................................. Pg. 7 In the News C. Patrick Cox formed Net Lease Alliance, LLC............... Pg. 8 Sources of Financing Cornerstone Capital Corp. provides financing for commercial properties nationwide............................ Pg. 10 Lease Signings Goldschmidt & Associates negotiated a lease with H Mart Supermarket in Hartsdale, NY Pg. 10 Lead Sheet Volcom to open locations throughout major metro markets in coastal areas......... Pg. 13 Cabela’s seeking sites in DE, MD, VA and Washington, DC........................................ Pg. 14 Space Place........................... Pg. 16
For more news go to: www.dealmakers.net Mobile Access Code: nf080511