Reporting The Nation’s Weekly News on Retailing & Retail Real Estate Volume XXIX No. XXIX
August 8, 2014
FEATURING HOME-RELATED CHAINS EXPAND NATIONWIDE RTA Furniture Distributors, Inc. trades as Just Cabinets Furniture & More at 19 locations throughout DE, MD, NJ and PA. The stores, offering home furnishings and cabinetry, occupy spaces of 16,000 sq.ft. to 18,000 sq.ft. in outlet, strip and value centers. Growth opportunities are sought throughout MD, NJ and PA during the coming 18 months. Preferred cotenants include T.J. Maxx and Target. Preferred demographics include a population of 10,000 within one mile earning $50,000 as the average household income. For more information, contact Ted Bernstein, RTA Furniture Distributors, Inc., 5500 Linglestown Road, Harrisburg, PA 17112; 717-540-5500, Fax 717-526-6120; Email: tedbernstein@justcabinets.com; Web site: www.justcabinets.com. Aaron’s operates more than 2,130 locations nationwide and in Canada. The stores, offering the sale and rental of home appliances, electronics and residential and office furniture, occupy spaces of 5,000 sq.ft. to 8,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout MD, VA and Washington, DC during the coming 18 months, with representation by NREB, LLC. Preferred cotenants include grocery stores. For more information, contact Jeff Gelberman, NREB, LLC, 10319 Westlake Drive, Suite 284, Bethesda, MD 20817; 301-770-8585, Fax 301770-8591; Email: jeff@nreb.net.
Curtain & Bath Outlet operates 12 locations throughout CT, MA and RI. The stores, offering bedding, bath and home accents, as well as window treatments and small furniture items, occupy spaces of 7,000 sq.ft. to 25,000 sq.ft. in freestanding locations, regional malls and neighborhood strip centers. Growth opportunities are sought throughout MA and NH during the coming 18 months, with representation by Charter Realty & Development Corp. For more information, contact Carol Hutchinson, Charter Realty & Development Corp., 1666 Lexington Avenue, Lexington, MA 02420; 617-623-4333; Email: carol@chartweb.com; Web site: www.chartweb.com. Rockler Cos. trades as Rockler Woodworking and Hardware at 29 locations throughout AZ, CA, CO, GA, IL, IN, MA, ME, MI, MN, MO, NH, NY, OH, OR, PA, TX, WA and WI. The stores, offering tools, hardware and related supplies, occupy spaces of 3,500 sq.ft. to 10,000 sq.ft. in freestanding locations, entertainment, specialty and strip centers. Growth opportunities are sought nationwide during the coming 18 months. For more information, contact Tegan Castellano, Rockler Cos., 4365 Willow Drive, Medina, MN 55340; 763-478-8201, Fax 763-4788393; Email: tcastellano@rockler.com; Web site: www.rockler.com. (continued on page seven)
THIS ISSUE CONTAINS INFORMATION ON: • Retailers operating 44,642 locations with plans to open 1,927 sites • Real estate valued in excess of $176 million to be bought, sold & financed • Leasing activity on over 3.6 million sq.ft. of retail properties WS Postmaster: Periodical T NE E N A T IT R D
IMPO SE EXPE PLEA
NATIONAL FOCUS New Construction DJM Capital Partners, Inc. breaks ground on Equinox anchored center......................................... Pg. 3 Buyers and Sellers Devonshire REIT, Inc. closes $35 million acquisition...................... Pg. 4 Who’s Opening and Where Cutco Cutlery to go national....... Pg. 5 Saladworks plans to double in size............................................. Pg. 5 Food Chains Expand Fatburger to grow nationally....... Pg. 6 Tenant Reps and Exclusives Kidder Mathews reps Galaxy Theatres on the West Coast........ Pg. 7 Lease Signings Levin Management inks deal with Stein Mart........................... Pg. 8 Making the News Cohen Real Estate adds more brokers....................................... Pg. 8 Lead Sheet Advance America to open 30 locations..................................... Pg. 10 PGA Tour Superstore to enter CT Pg. 12 Space Place................................ Pg. 14