Reporting The Nation’s Weekly News on Retailing & Retail Real Estate Volume XXVIII No. XXX
August 9, 2013
FEATURING home-related Chains Expand Nationwide Mattress Warehouse operates 155 locations throughout DE, MD, NC, PA, VA, WV and Washington, DC. The stores, offering mattresses, bed frames, day beds, futons and related accessories, occupy spaces of 5,000 sq.ft. to 8,000 sq.ft. in various retail settings. Growth opportunities are sought throughout MD, VA and Washington, DC during the coming 18 months, with representation by JBG Rosenfeld Retail. Sherwin-Williams operates 4,100 locations nationwide and internationally. The stores, offering paint supplies and related products, occupy spaces of 3,500 sq.ft. in various retail settings. Growth opportunities are sought throughout MD, VA and Washington, DC during the coming 18 months, with representation by JBG Rosenfeld Retail. For more information, contact John Mitchell, JBG Rosenfeld Retail, 4445 Willard Avenue, Suite 700, Chevy Chase, MD 20815; 301-657-0700; Email: jmitchell@jbgr.com; Web sites: www.sleephappens.com and www.sherwin-williams.com. Mattress 1 One operates 150 locations throughout FL, excluding the panhandle and southwestern areas. The stores, offering mattresses and related items, occupy spaces of 2,200 sq.ft. to 4,500 sq.ft. in freestanding locations, endcaps of shopping centers and street fronts. Plans call for 40 openings throughout FL, southern GA and Houston, TX during the coming 18 months,
with representation by Real Property Specialists, Inc. Typical leases run five years with two, fiveyear options. For more information, contact Mike Charron, Real Property Specialists, Inc., 2345 West Sand Lake Road, Suite 100, Orlando, FL 32809; 407-812-8000 Ext. 113; Email: mike@realpropertyspecialists.com; Web site: www.realpropertyspecialists.com. Ethan Allen operates 300 locations nationwide and internationally. The upscale home furnishings stores, offering living room, dining room and bedroom furniture, as well home décor items, occupy spaces of 6,500 sq.ft. in freestanding locations. Growth opportunities are sought throughout the St. Louis, MO metropolitan area during the coming 18 months, with representation by L3 Corp. Harbor Freight Tools operates 400 locations nationwide. The stores, offering power, air and hand tools, automotive items, household products and lawn and garden supplies, occupy spaces of 15,000 sq.ft. in power and strip centers. Growth opportunities are sought throughout the St. Louis, MO metropolitan area during the coming 18 months, with representation by L3 Corp. The company works with Newmark Grubb Knight Frank on new store expansion opportunities for Harbor Freight Tools in the St. Louis, MO metropolitan area. (continued on page eight)
This issue contains information on: • Retailers operating 106,689 locations with plans to open 2,789 sites • Real estate valued in excess of $116 million to be bought, sold & financed • Leasing activity on over 8.45 million sq.ft. of retail properties s Postmaster: Periodical New nt a te rt di Impo se Expe Plea
pre-show icsc florida conference New Construction Ferrara Jerum International to develop Bass Pro Shop anchored 2.8 million sq.ft. mixed-use center in Fairfield, CT................. Pg. 4 Buyers & Sellers The Katsias Co. selling groceryanchored center in NC............... Pg. 5 Carolina Holdings sells TJ Maxx center in SC................................ Pg. 5 Food Chains Expand Miller’s Ale House to enter CT, DE, MA, MD, NJ and DC............ Pg. 6 Who’s Opening & Where Dunkin Donuts hot for California................................... Pg. 7 Von Maur takes on Oklahoma City............................................ Pg. 7 Exclusives Sierra U.S. reps California Pizza Kitchen nationwide.................... Pg. 8 Sources of Financing Spence Hill Associates negotiates loan for neighborhood center in VA.......................................... Pg. 9 Making the News The Goldstein Group launches investment sales division............ Pg. 9 Lease Signings Cohen Commercial Properties inks deal with Bravo Supermarkets in FL........................................... Pg. 10 Equity Retail brokers brings Cutters Mill to PA....................... Pg. 11 Lead Sheet Crunch Fitness to enter MD........ Pg. 12 Ron Jon Surf Shop to enter AL, TX and VA.................................. Pg. 14 Space Place................................ Pg. 16
18 million square feet +
ARIZONA Mesa Kohl’s McKellips Road & Recker Road 95,279 SF GLA Part of Falcon View Plaza w/ Fry’s
INDIANA Warsaw The Market Place U.S. Hwy. #30 & Water St. JC Penney, Sears, Elder-Beerman, Pier 1 180,000 SF GLA
MICHIGAN Sandusky Kmart Shopping Center M-19 & Gates Rd. 176,248 SF GLA Anchor Space Available
Phoenix Freestanding Barnes & Noble 1035 N. Metro Pkwy. West & 28th Dr. Adjacent to Metro Center Mall 19,360 SF on 1.48 Acres
KENTUCKY Ashland Russell Centre Route 23 & Diederich Blvd. Lowe’s, Super Kroger 272,000 SF GLA / In-line Space & Pad
Southgate Fort St. & Burns Ave. 60,800 SF GLA Freestanding Redevelopment Opportunity
Tolleson Freestanding Kmart West McDowell Road & North 86th Drive 86,479 SF GLA FLORIDA Fern Park Fern Park Plaza Semoran Blvd. (Hwy. 436) & Hwy. 17/92131,646 SF GLA Aldi, Deals Prime Corner/Junior Box Space Available Fern Park Future Shopping Center 26 Acre Jai Alai Redevelopment Site 6405 Hwy. 17/92 & Fernwood Blvd. near Hwy. 436 153,650 SF GLA Gainesville Mixed Use – Grocery Store & Student Housing NW 13th St & University Avenue 1.74 Acres 26,000 SF Ground Floor Retail in Proposed 198,000 SF 8-Story Bldg
MARYLAND Hagerstown Long Meadow Shopping Center Potomac Ave. (Route 60) & Northern Ave. CVS, PA Dutch Market 243,000 SF GLA Anchor Space/Pad Available Randallstown Brenbrook Plaza Liberty Rd. & Brenbrook Dr. Home Depot 139,000 SF GLA MASSACHUSETTS Billerica Shops at Billerica Boston Rd. (Rte. 3A) & Tower Farm Rd. Kmart, Burlington Coat, Market Basket 275,000 SF GLA / Anchor Space Available
ILLINOIS Downers Grove Marshall’s at The Grove 75th St. & Lemont Rd. 400,000 SF GLA Anchor Space Available 43,264 SF Niles Golf Glen Mart (Outparcel) Golf Rd. & Dee Rd. Up to 12,000 SF Outlot, B-T-S INDIANA Evansville Evansville Shopping Center Morgan Ave. & Boeke Rd. Rural King, Dollar General 153,000 SF GLA Indianapolis Pendleton Plaza Pendleton Pike & Shadeland Ave. Rose's Department Store 134,797 SF GLA
RDManagement LLC
Milford Kmart Shopping Center Medway St. & Beaver St. @ I-495 Kmart, Dollar Tree 140,470 SF GLA Future Expansion Space Available MICHIGAN Flint Former Kmart Dort Hwy. (Rte. 54) & Atherton Hwy. 92,691 SF GLA
MINNESOTA St. Paul Midway Shopping Center University Ave. & Snelling Ave. Rainbow Foods, Office Max, Walgreens 280,353 SF GLA 4.8 Acres Available for Development NEVADA Las Vegas Kmart Plaza E. Sahara Ave. & McLeod Dr. 127,754 SF GLA 10,945 SF Outbldg. Available Kmart at Sunset Plaza 3780 E. Sunset Rd. & S. Sandhill Rd. Kmart 86,479 SF NEW JERSEY Jersey City NEW 235 Orient Ave. ± 15,000 SF on 0.40 Acres Freestanding Redevelopment Opportunity / For Sale Marlton (Evesham) Tri-Towne Plaza Route 70 & Plymouth Dr. 176,519 SF GLA Anchor Space Available Redevelopment Opportunity Mt. Olive Pad Sites Available Adjacent to Foreign Trade Zone Across from Walmart, Sam’s, TJ Maxx
Grand Blanc Holly Rd. & I-75 Vacant Land / 22 Acres For Sale Muskegon Muskegon Shopping Center Henry St. & Norton Ave. 187,000 SF GLA Anchor Space Available Port Huron Port Huron Shopping Center Howard St. & 24th St. Big Lots, Save-A-Lot, Family Dollar 118,000 SF GLA Anchor Space & Outlot Available
Old Bridge A & P Shopping Center Route 9 & Ferry Rd. 64,920 SF GLA 5,300 SF Pad Building
NEW
Parsippany Whole Foods Shopping Center Route 46 (Bloomfield Ave.) & Cherry Hill Rd. Whole Foods Anchor, In-Line & Pads Available Vineland Vineland Marketplace S. Delsea Dr. (Route 47) & College Dr. New Development Anchor Space / Outlots Available
Thomas G. Mirandi 212-265-6600 Ext. 239 Email: tmirandi@rdmanagement.com Fax: 212-459-9133
200+ retail projects NEW YORK Stony Point Stony Ridge Plaza Route 9W & Park Rd. US Post Office 21,212 SF GLA
NEW JERSEY Vineland Kmart Plaza Expansion S. Delsea Dr. (Route 47) & Route 55 Kmart, TD Bank Two Parcels: 4.302 & 4.486 Acres Williamstown Williamstown Shopping Center Black Horse Pike (Route 42) & Main St. CVS, Dollar General 85,000 SF GLA Anchor Space Available NEW YORK Cortland Future Development Route 13 & Bennie Road 26 Acres across from Walmart
NEW
Deer Park Kohl’s Plaza Commack Rd. & Grand Blvd. Kohl’s, Super Stop & Shop 182,875 SF GLA Proposed Pad 3,800 SF Glenville/Scotia (Albany) Target Shopping Center Saratoga Rd. (Route 50) & Glenridge Rd. 174,000 SF GLA In-Line Space Available Lake Ronkonkoma Lake Shore Plaza II Portion Rd. (Co. Rd. 16) & Patchogue-Holbrook Rd. Regal Cinemas, Dollar Tree / 94,826 sf GLA Anchor Space Available Latham/Colonie (Albany) Kmart Shopping Center Route 7 & Swatling Rd. 118,863 SF GLA Up to 10,000 SF Outlot Available Monroe/Woodbury Harriman Commons Routes 17 / 6 & Route 32 Wal-Mart, Home Depot, BJ’s, Target 687,716SF GLA Anchor Space & Outlots Available Future Phase III Office or Retail Nanuet Home Depot Plaza Route 59 & Hutton Ave. Home Depot, Staples 250,000 SF GLA/Pad Available Orangetown Orangeburg Commons Route 303 & Palisades Parkway Super Stop & Shop Pads Available
PENNSYLVANIA Trexlertown Macungie Crossing Shopping Center Hamilton Blvd. (Route 222) & Grange Rd. Future Strip and Pads
Water Mill (Southampton) NEW Water Mill Shoppes Montauk Hwy. (Rte. 27) & Station Rd. Vitamin Shoppe, Subway OHIO Ashtabula Home Depot Plaza Route 20 (N. Ridge Rd.) & Orchard Rd. 148,440 SF GLA 18,440 SF Expansion & Pad
NEW
Columbus Great Western Commerce Center North Wilson Rd & Valleyview Dr. at Broad St. Great Western Academy, Restaurant Depot 300,254 SF GLA Mixed Use Commercial Space Holland (Toledo) Dick’s at Spring Meadows Place Airport Hwy. & I-475 Dick’s, Best Buy & Expansion Lima Westgate Shopping Center Allentown Rd. (Rte.81) and Cable Rd. Former Kmart GLA 157,326 SF Redevelopment Opportunity
NEW
Oregon (Toledo) Vacant Land – 4.645 Acres Dustin Rd. & Isaac Street Dr. 1 block south of Navarre Ave. (Rte. 2) & Kmart OREGON Salem Kmart Shopping Center Mission Street S. E. & 25th St. 116,866 SF GLA PENNSYLVANIA Allentown Home Depot Plaza Lehigh St. & Route 78 220,000 SF GLA / 9.82 Acres Available Carlisle Hanover Street (Route 34) & I-81 Home Depot, Chili’s 140,715 SF GLA 10,584 SF Future Expansion/Pad Montgomeryville Five Points Plaza Cowpath / Horsham Rd. at Rte 309 & Rte 202 79,200 SF GLA Anchor Space Available Future Expansion
NEW
RDManagement LLC
TENNESSEE Hermitage (Nashville) Freestanding Bldg. adjacent to Jackson’s Courtyard Shopping Center 3445 Lebanon Pike 24,040 sf GLA Redevelopment Opportunity Nashville Marketplace at Rivergate Gallatin Pike (Hwy. 31-E) & Twin Hills Drive Trees N Trends, Ryan’s Buffet 111,460 SF GLA
NEW
TEXAS Ft. Worth Westcliff Shopping Center Albertson’s Market, Dollar General Alton Rd. & Biddison St. 133,332 sf GLA UTAH Salt Lake City 410 S. 900 E. & 400 S. Freestanding Office Max New In-line Space & Pad Available VIRGINIA Richmond Food Lion Plaza Rte. 1 (Jefferson Davis Hwy.) & Chippenham Pky. Outlots Available Winchester Freestanding Kmart S. Pleasant Valley Rd. & E. Jubal Early Dr. 88,479 SF GLA WEST VIRGINIA St. Albans St. Albans Center Route 60 & MacCorkle Ave. SW Kmart, Super Kroger, Goody’s, CVS 230,000 SF GLA PUERTO RICO Arecibo Arecibo Towne Center Routes 2 & 22 Future Development Anchor Position & Outlots Available Ponce Reina del Sur; Outlots at Ponce Towne Center II Rtes. #2 & Baramaya Ave. (Rte. 10) @ PR-52 Walmart Supercenter, Home Depot New Development & Pads 525,000 ± SF GLA
Thomas G. Mirandi 212-265-6600 Ext. 239 Email: tmirandi@rdmanagement.com Fax: 212-459-9133
new construction Ferrara Jerum International is preleasing Steelepointe Harbor, a 2.8-million sq.ft. mixed-use development project situated on 50 acres in Fairfield, CT. Shop spaces and junior box spaces are available. Plans call for 600,000 sq.ft. of retail, hotel and commercial space, as well as office and entertainment components. The initial phase will include Bass Pro Shop. Area demographics include a population of 250,000 within a five-mile radius earning more than $80,000 as the average household income. The average daily traffic count is 150,000 vehicles along Interstate 95. For more information, contact Douglas Jerum, Ferrara Jerum International, 339 East Avenue, Suite 4320, Rochester, NY 14604-2615; 585-362-8702; Email: djerum@ferrarajerum.com; Web site: www.ferrarajerum.com. Paramount Development Corp. is preleasing Bayshore Commons in Wilmington, NC. Walmart Supercenter will anchor the center and small shop space and junior anchor space is available. Area retailers include Lowe’s Home Improvement, Harris Teeter and Food Lion. Area demographics include a population of 90,000 within a sevenmile radius earning $51,000 as the median household income. The average daily traffic count is 36,000 vehicles along Market Street. The center is slated to open during October 2014. For more information, contact Paramount Development Corp., 607 Briarwood Drive, Suite 5, Myrtle Beach, SC 29572; 843-361-4433, Fax 843-361-4436; Email: dharner@paramountdevcorp.com; Web site: www.paramountdevcorp.com.
Freeman Realty Advisors is preleasing The Albion Hotel in Chicago, IL. Shop space is available. Area draws include Loyola University’s Lakeshore Campus. Area retail includes CVS, Harris Bank, Panera Bread, Five Guys Famous Burgers and Fries and Subway. Area demographics include a population of 119,549 within a 1.5-mile radius earning $56,367 as the average household income. The average daily traffic count is 40,000 vehicles. The project is slated to open during fall 2014. For more information, contact Andrew Wilson, Freeman Realty Advisors. 520 West Erie Street, Suite 300 South, Chicago, IL 60654; 312-640-7427; Email: awilson@ariescapital.com. Westside Ironworks, LLC is redeveloping the former Ironworks International, LLC site, located along Howell Mill Road between 11th Street and 14th Street in Atlanta, GA. Plans call for two buildings totaling 18,000 sq.ft. of retail and restaurant space. Construction is slated to commence during early 2014. For more information, contact Frank Buonanotte, The Shopping Center Group, 300 Galleria Parkway, 12th Floor, Atlanta, GA 30339; 770-955-2434; Web site: www.theshoppingcentergroup.com. Transwestern has been appointed as the exclusive leasing agent for a 50,000 sq.ft. mixed-use development project located along Binz in the Museum District of Houston, TX. The development will contain high-end retail, medical and office components. For more information, contact Transwestern; 713-270-7700; Email: Web site: www.transwestern.net.
Tulsa Development Authority is planning to develop a mixed-use commercial development located between Archer Street and Brady Street, west of Elgin Avenue in Tulsa, OK. The development will include a 16,000 sq.ft. retail component, a 27,000 sq.ft. office component and a hotel component. For more information, contact Tulsa Development Authority, 1216 North Lansing Avenue, Suite A, Tulsa, P.O. Box 480980, Tulsa, OK 74148; 918592-4944, Fax 918-592-4948; Web site: www.tulsadevelopmentauthority.org. DM
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Ferrara Jerum International is preleasing Steelepointe Harbor in Fairfield, CT. Page 4 | August 9, 2013
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buyers and sellers Stan Johnson Co. is selling a Best Buy located in Daytona Beach, FL. The tenant is bound to a NNN lease with four years remaining on the initial term and featuring 5% rent escalations every five years. Area retailers include PetSmart, Bob Evans, The Sports Authority, Barnes & Noble, Taco Bell, Target, Home Depot, Big Lots, Dick’s Sporting Goods, T.J. Maxx and Marshalls. Area draws include Daytona International Speedway. Area demographics include a trade-area population of 494,593. The average daily traffic count is 50,000 vehicles. The asking price is $7.2 million with a Cap rate of 8.98%. For more information, contact Ed Breslin, Stan Johnson Co., 501 Santa Monica Boulevard, Suite 420, Santa Monica, CA 90401; 310-752-0283; Email: ebreslin@stanjohnsonco.com; Web site: www.stanjohnsonco.com. Calkain Cos. negotiated the sale of a Tractor Supply Co. store located in Madisonville, TX. The company is also selling a 10,401 sq.ft. Starbucks-anchored center situated on 1.1 acres along Carl D. Silver Boulevard in Fredericksburg, VA. Tenants include Starbucks, Sweet Reason, Chalk ‘n More, The Rikki Tikki Co. and Panda Express. Area retail includes Target, Panera Bread, Costco, Sears and JCPenney. The NOI is $275,989. The asking price is $3.98 million with a Cap rate of 6.93%. For more information regarding the TX property, contact Jonathan Florin or Andrew Fallon, Calkain Cos., 11150 Sunset Hills Road, Suite 300, Reston, VA 20190; 703787-4734/4733; Emails: jflorin@calkain.com and afallon@calkain.com. For more information regarding the VA property, contact Jeff Bogart; 703-596-5602; Email: jbogart@calkain.com.
Westwood Net Lease Advisors is selling a 5,668 sq.ft. Applebee’s situated on 1.28 acres along Franklin Road in Marietta, GA. The tenant is bound to a NNN lease with 18 years remaining on the initial term featuring annual rent escalations of 1%. The NOI is $159,312. The asking price is $2.489 million with a Cap rate of 6.4%. The company is also selling a 17,592 sq.ft. Gold’s Gym situated on 3.32 acres along Indian Lake Boulevard in Hendersonville, TN. The tenant is bound to a lease with eight years remaining on the initial term. The NOI is $339,048. The asking price is $4.374 million with a Cap rate of 7.75%. For more information, contact Chris Schellin, Westwood Net Lease Advisors; Email: cschellin@westwoodnetlease.com.
KW Commercial is seeking to acquire class “A” retail centers throughout Austin and San Antonio, TX. Suitable properties include centers with a maximum 20% vacancy rate with regional or national tenants and priced between $1 million and $7 million with a minimum Cap rate of 7.5%. The company is also seeking to acquire single tenant properties nationwide. Suitable properties include tenants bound to 10 year leases priced at $2 million with a Cap rate of 7.5%. For more information, Nick Nelson and Jim Young, KW Commercial; 512-5312946; Emails: nick@kwcommercial.com and jimyoung@kwcommercial.com; Web site: www.kwcommercial.com.
Goodman Real Estate Services Group, LLC negotiated the sale of a Taco Bell located along Day Drive in Parma, OH. The company represented the seller in the transaction. For more information, contact Daniel Clark, Goodman Real Estate Services Group, LLC, 25333 Cedar Road, Suite 305, Lyndhurst, OH 44124; 216-381-8200 Ext. 1111; Email: daniel@goodmanrealestate.com; Web site: www.goodmanrealestate.com.
The Katsias Co. is selling Kinnamon Village, located along Kinnamon Road in Clemmons, NC. The center is 75% occupied and Food Lion anchors the property. The NOI is $454,701. The asking price is $7.5 million. For more information, contact Brittany Baer, The Katsias Co., 2901 South Lynnhaven Road, Suite 340, Virginia Beach, VA 23452; 757-490-3585, Fax 757-490-3676; Email: brittany@katsias.com; Web site: www.katsias.com.
Florham Realty Management, LLC is selling a 3,000 sq.ft. 7-Eleven building situated on 0.5 acres located along Lakeside Boulevard in Landing, NJ. The tenant is bound to a 10year lease with seven years remaining on the initial term and featuring three, five-year options. The asking price is $975,000 with a Cap rate of 6%. For more information, contact Florham Realty Management, LLC, 1075 Route 34, Suite G, Aberdeen, NJ 07747; 732-5831200; Web site: www.florhamrealty.com.
Carolina Holdings, Inc. sold the Shops on Broad, located at the intersection of Highway 378 and Alice Drive in Greenville, SC. Area retailers include Walmart, T.J. Maxx, Michael’s, Petco, Lowe’s Home Improvement and Verizon Wireless. For more information, contact Robert Martin, Carolina Holdings, Inc.; 864-2720088; Email: robert.martin@choldings.com; Web site: www.choldings.com. (continued on page nine)
Cassidy Turley is selling a portfolio of three shopping centers totaling 194,703 sq.ft. in Augusta, Albany and Tifton, GA. The aggregate NOI is $977,428. The asking price is $10.47 million with a Cap rate of 9.34%. For more information, contact Mark Joines or Drew Fleming, Cassidy Turley; 404-682-3416/3410; Emails: mark.joines@cassidyturley.com and drew.fleming@cassidyturley.com. UCR Investment Sales negotiated the sale of Hall Johnson Center, a 21,853 sq.ft. shopping center anchored by Anytime Fitness and located in Grapevine, TX. For more information, contact Tommy Tucker, UCR Investment Sales, 8080 Park Lane, Suite 800, Dallas, TX 75231; 214-2521157; Web site: www.ucrinvestmentsales.com. Dealmakers Magazine | www.dealmakers.net
Stan Johnson Co. is selling a Best Buy in Daytona Beach, FL. August 9, 2013 | Page 5
food chains expand nationwide Open Sesame Grill operates two locations throughout CA. The restaurants occupy spaces of 2,500 sq.ft. to 3,000 sq.ft. in various retail settings. Plans call for one to two openings throughout southern CA during the coming 18 months, with representation by Ira Spilky & Associates. Patio seating is preferred. Maria’s Italian Kitchen operates nine locations throughout CA. The quickservice Italian restaurants, offering pasta, pizza, salads, seafood and dessert items, occupy spaces of 3,500 sq.ft. to 4,500 sq.ft. in freestanding locations. Growth opportunities are sought throughout southern CA during the coming 18 months, with representation by Ira Spilky & Associates. Black Market Liquor Bar operates one location in CA. The restaurant occupies spaces of 3,000 sq.ft. to 5,500 sq.ft. in various retail settings. Growth opportunities are sought throughout the existing market during the coming 18 months, with representation by Ira Spilky & Associates. Coral Tree Café operates three locations throughout CA. The restaurants, offering deli items, organic teas, and wines, occupy spaces of 2,500 sq.ft. to 4,000 sq.ft. in freestanding locations, endcaps and corner locations of shopping centers. Growth opportunities are sought throughout Los Angeles County, South Bay and Westside, CA during the coming 18 months, with representation by Ira Spilky & Associates. The company also prefers secondgeneration restaurant spaces with outdoor patio seating. Typical leases run 10 years with a five-year option. For more information, contact Ira Spilky, Ira Spilky & Associates, 1281 Westwood Boulevard, Suite 208, Los Angeles, CA 90024; 310-558-3241; Email: ira@spilky.com; Web site: www.iraspilky.com.
Subway operates 39,728 locations nationwide and internationally. The sub shops occupy spaces of 800 sq.ft. to 1,300 sq.ft. in endcaps of entertainment, lifestyle, power, specialty and strip centers, as well as freestanding locations and urban/downtown locations. Growth opportunities are sought throughout Los Angeles, CA during the coming 18 months, with representation by Ohcal Foods, LLC. Typical leases run five years with three, five-year options. A vanilla shell and dense traffic counts are preferred. Major competitors include Quiznos, Blimpies, Jersey Mike’s and Togo’s. The company will also consider locations within hospitals and stadiums. For more information, contact Carol Jimenez, Ohcal Foods, LLC, 6110 Variel Avenue, Woodland Hills, CA 91367; 818715-9400 Ext. 203, Fax 818-715-9594; Email: cjimenez@ohcal.com; Web site: www.subway.com. Miller’s Ale House operates 65 locations throughout FL, GA, IL, NV, NY and PA. The restaurants, serving liquor, occupy spaces of 10,000 sq.ft. to 12,000 sq.ft. in endcaps of shopping centers and freestanding locations. Growth opportunities are sought throughout CT, DE, MA, MD, NJ, NY, PA and Washington, DC during the coming 18 months, with representation by SRS Real Estate Partners. A land area of two-acres is required for freestanding locations. The company will also consider second-generation spaces. For more information, contact David Hochberg or J.R. Kyes, SRS Real Estate Partners, 366 Madison Avenue, Fifth Floor, New York, NY 10017; 212-710-5243/561354-4336; Email: david.hochberg@srsre.com; Web site: www.srsre.com.
Darden Restaurants, Inc. trades as Red Lobster at 700 locations nationwide and throughout Canada. The casual-dining seafood restaurants occupy spaces of 7,500 sq.ft. in various retail settings. Growth opportunities are sought throughout AZ during the coming 18 months, with representation by Colliers International. A land area of 70,000 sq.ft. is required. The company prefers to locate in power centers anchored by Super Target and Walmart Supercenter. Darden Restaurants, Inc. also trades as LongHorn Steakhouse at more than 350 locations nationwide. The casual dining steakhouses occupy spaces of 6,300 sq.ft. in power centers anchored by Super Target, Walmart Supercenter or regional malls. Growth opportunities are sought throughout AZ during the coming 18 months, with representation by Colliers International. A land area of 60,000 sq.ft. is required. The company will also consider inline spaces or endcaps of 7,000 sq.ft. For more information, contact Tom Woods or Brian Woods, Colliers International, 2390 East Camelback Road, Suite 100, Phoenix, AZ 85016; 602-222-5031/5026, Fax 602222-5001; Emails: tom.woods@colliers.com and brian.woods@colliers.com; Web site: www.colliers.com. ZOUP! operates 54 locations throughout CO, CT, IL, IN, KY, MA, MD, MI, MO, OH, PA and Washington, DC, as well as in Ontario, Canada. The restaurants, offering soups, salads and sandwiches, occupy spaces of 2,200 sq.ft. in entertainment, power, neighborhood, specialty and strip centers, as well as downtown locations. Plans call for two openings in Philadelphia, PA during the coming 18 months, with representation by Stokas Bieri Real Estate. Typical leases run 10 years with options. A vanilla shell is required. Preferred cotenants include Kohl’s, Chico’s, Talbots and Wegmans. Preferred demographics include a population of 100,000 within a five-mile radius earning $80,000 as the average household income. The company is franchising. For more information, contact Alex Bieri, Stokas Bieri Real Estate, 660 Woodward Avenue, Suite 1500, Detroit, MI 48226; 313-962-2800, Fax 313-962-5070; Web site: www.zoup.com. DM
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Reb Lobster is seeking growth opportunities throughout AZ during the coming 18 months. Page 6 | August 9, 2013
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who’s opening and where Nordstrom, Inc. (206-628-2111) is planning to open a 36,000 sq.ft. Nordstrom Rack store at Shops at Orchard Place, a 159,000 sq.ft. shopping center located at the intersection of Golf Road and Skokie Boulevard in Skokie, IL during spring 2014. The company will join PetCo, DSW, Jared-The Galleria of Jewelry, Ulta, Pier 1 Imports and Party City. The company is also planning to open a 41,000 sq.ft. Nordstrom Rack located along Fulton Street in Brooklyn, NY during spring 2014, along with plans to open its first fullline store in New York, NY by 2018. The company currently operates more than 234 locations nationwide, trading as Nordstrom, Nordstrom Rack at 127 locations, Jeffrey boutiques at two locations and Treasure & Bond at one location, as well as one clearance outlet. Cabela’s, Inc. (308-254-5505) is planning to open a 70,000 sq.ft. Cabela’s store in Barrie, Ontario, Canada, as well as a location Missoula, MT during summer 2014. The chain of stores, offering hunting, fishing, camping, hiking, boating and other outdoor-related equipment, apparel and gear, as well as gifts and furnishings, currently operate more than 44 locations nationwide throughout the U.S. and Canada. Garces Group (212-982-8300) is planning to open an Argentinian steakhouse restaurant at the site of a former The Federalist restaurant at the Lowes Madison Hotel in Washington, DC during early 2014. It will be the company’s first location in Washington, DC. The chain currently operates restaurants throughout Scottsdale, AZ; Palm Springs, FL; Chicago, IL, Atlantic City, NJ and Philadelphia, PA.
Whole Foods Market, Inc. (512-4774455) is planning to open a Whole Foods supermarket at the site of a former Knoxville Wholesale Furniture store at the intersection of Papermill and Kingston Pike in Knoxville, TN during 2014. The company is also planning to open a 41,000 sq.ft. grocery store at Washington Crossing Shopping Center in Augusta, GA during late 2014. It will be the company’s 10th location in the state. The chain, offering organic and natural food items, currently operates more than 342 specialty supermarkets nationwide, as well as in Canada and the United Kingdom. Wal-Mart Stores, Inc. (479-273-4000) is planning to open nine Walmart Supercenters throughout the Atlantic region of Canada, including locations in New Brunswick and Nova Scotia. The company trades as Walmart, Walmart Supercenter and Walmart Neighborhood Market and currently operates more than 9,000 locations nationwide and internationally, including 380 locations throughout Canada. Saks, Inc. (212-940-5305) is planning to open seven full-line Saks stores throughout Canada. The company currently operates 42 locations nationwide and trades as Saks Fifth Avenue, OFF Fifth and Saks Fifth Avenue. HBC currently operates 90 Hudson’s Bay stores and 69 Home Outfitters stores and throughout Canada and 48 Lord & Taylor locations throughout the northeastern U.S. Peachwave Frozen Yogurt (316-631-3959) opened a yogurt shop along Flanders Road in East Lyme, CT. The new concept is childfriendly and features free WiFi and a child’s entertainment area.
Dunkin’ Brands (781-737-3000) is planning to open 45 Dunkin’ Donuts shops throughout Los Angeles and Orange counties in CA during 2015, including 18 locations in Orange County and the South Bay, as well as 10 sites throughout the Westside, Santa Monica, Hollywood and Malibu, CA areas. The company, serving coffee, donuts and breakfast sandwiches, currently operates more than 10,000 locations, including more than 7,300 locations in the U.S., throughout 32 countries worldwide. Culver’s Franchising System, Inc. (608643-7980) is planning to open a Culver’s restaurant at the site of a former Clarion Hotel located at the intersection of College Parkway and U.S. Route 41 in Ft. Myers, FL during early 2014 as part of a plan to open five franchise restaurants throughout Lee County, FL through 2014, with additional locations planned in San Carlos Park at the Gulf Town Center, in Cape Coral and in Estero. Bottega Veneta (800-845-6790) opened a 2,727 sq.ft. new concept store along Melrose Place in Los Angeles, CA. The store features an open-air courtyard and sells better lines of leather goods, jewelry, shoes, gift items and fragrances. Von Maur, Inc. (563-388-2200) is planning to open a Von Maur store in Oklahoma City, OK during 2014. The company, offering apparel, footwear and accessories for men, women and children, currently operates 27 locations throughout 11 states nationwide. Founding Farmers (202-822-8783) is opening a restaurant along Tysons Boulevard in Tysons Corner, VA during spring 2014. The restaurant will have 280 seats. DM
Build-A-Bear Workshop, Inc. (314-4238000) is planning to update 40 to 50 BuildA-Bear stores throughout North America during 2014. The new concept stores will feature different interactive stations. The company operates specialty stores across North America, Great Britain, Europe, Asia and South Africa. Camping World (888-626-7576) is planning to open 15 supercenter stores, including a location in Saukville, IL during February 2014. The company sells RV’s and offers related services and accessories and currently operates nearly 115 supercenter stores nationwide. Tucanos Brazilian Grill (505-246-9900) is opening a restaurant at the Mall of Louisiana in Baton Rouge, LA during 2014. Starbucks will be adjacent to the restaurant. Dealmakers Magazine | www.dealmakers.net
Von Maur, Inc. is planning to open a store in Oklahoma City, OK during 2014. August 9, 2013 | Page 7
home-related chains expand nationwide (continued from page one)
For more information, contact Jay Cohen, L3 Corp., 12655 Olive Boulevard, Suite 220, St. Louis, MO 63141; 314-469-7400, Fax 314-576-9768; Email: jay@l3corp.net; Web sites: www.l3corp.net, www.ethanallen.com and www.harborfreight.com. Mor Furniture for Less operates 24 locations throughout AZ, CA, ID, OR, NM, NV and WA. The stores, offering bedroom, living room, dining room and children’s furniture items, occupy spaces of 25,000 sq.ft. to 40,000 sq.ft. in power centers. Growth opportunities are sought throughout AZ during the coming 18 months, with representation by Colliers International. Preferred cotenants include Super Target and Walmart Supercenter. Pier 1 Imports operates 1,000 locations nationwide and internationally. The stores, offering unique home décor and accents, furniture, dining and entertaining items and outdoor products, occupy spaces of 8,000 sq.ft. in power centers. Growth opportunities are sought throughout AZ during the coming 18 months, with representation by Colliers International. Sleep America operates locations throughout AZ. The stores, offering mattresses and related items, occupy spaces of 4,000 sq.ft. to 5,000 sq.ft. in endcaps and pad sites of shopping centers. Growth opportunities are sought throughout the existing market during the coming 18 months, with representation by Colliers International. Typical leases run five years. A vanilla shell is required. Preferred cotenants include Target and T.J. Maxx. The company will also consider locating near regional malls. For more information, contact Tom Woods or Brian Woods, Colliers International, 2390 East Camelback Road, Suite 100, Phoenix, AZ 85016; 602-222-5031, Fax 602-222-
5080; Emails: tom.woods@colliers.com and brian.woods@colliers.com; Web sites: www.morfuniture.com and www.pier1.com. Sears Hometown Stores operates 1,000 locations nationwide and in Puerto Rico and Guam. The stores, offering major household appliances, tools and lawn and garden products, occupy spaces of 7,500 sq.ft. to 10,000 sq.ft. in various retail settings. Growth opportunities are sought nationwide during the coming 18 months. For more information, contact Jackie Adams, Sears Hometown Stores, 6259 Braidwood Way, Acworth, GA 30101; 678-524-5062, Fax 678-354-7597; Email: jacalynn.adams@shos.com; Web site: www.searshometownstores.com. Mattress Land is seeking to occupy spaces of 2,000 sq.ft. to 6,000 sq.ft. in various retail settings. The stores offer mattresses and related bedding items. Growth opportunities are sought throughout FL during the coming 18 months, with representation by The Rotella Group, Inc. For more information, contact Bill Pace, The Rotella Group, Inc., 3300 North Federal Highway, Suite 200, Ft. Lauderdale, FL 33306; 954-568-9015; Web site: www.rotellagroup.com. Hudson’s Bay Co. trades as Home Outfitters at 62 locations throughout Canada. The stores, offering kitchen, bedroom and bathroom items, occupy various size spaces in power centers. Growth opportunities are sought throughout the existing market during the coming 18 months. For more information, contact Bruce Moore, Hudson’s Bay Co., 401 Bay Street, Suite 600, Toronto, Ontario, Canada, M5H 2Y4; 416-861-4521, Fax 416-861-6870; Web site: www.homeoutfitters.com. DM
exclusives and leasing assignments Next Realty Mid-Atlantic, LLC (703-4424500) is representing the following retailers with their expansion plans: Weis occupying spaces of 57,000 sq.ft. to 63,000 sq.ft. throughout MD and the Washington, DC metropolitan area; Michaels in spaces of 20,000 sq.ft., Corner Bakery utilizing spaces of 3,500 sq.ft. to 4,000 sq.ft. in endcaps, Rave Cinemas in spaces of 55,000 sq.ft. to 65,000 sq.ft. and European Wax Center using spaces of 1,500 sq.ft. throughout Washington, DC and the Baltimore, MD metropolitan area; rue21 etc! occupying spaces of 4,500 sq.ft. to 5,500 sq.ft. throughout MD; elements utilizing spaces of 1,800 sq.ft. to 2,200 sq.ft. and Thai Thai in spaces of 2,000 sq.ft. throughout the Washington, DC metropolitan area; Minus 5 Ice Bar using spaces of 2,500 sq.ft. to 3,500 sq.ft.; Five 5 Napkin Burger in spaces of 4,000 sq.ft. to 6,000 sq.ft. and Kohl’s utilizing spaces of 60,000 sq.ft. to 90,000 sq.ft. throughout Washington, DC and Golf Galaxy in spaces of 30,000 sq.ft. to 35,000 sq.ft. throughout the Washington, DC metropolitan area and central and southern VA. ARCORE Real Estate Group (630-908-5707) is representing Twin Peaks with its expansion plans throughout Chicagoland, IL. The restaurants occupy spaces of 5,000 sq.ft. to 10,000 sq.ft. in freestanding locations on land areas of two acres. Preferred demographics include a population of 150,000 within a five-mile radius. Preferred cotenants include Home Depot, Lowe’s Home Improvement, Best Buy or movie theaters. Dense traffic counts are preferred. JW Burke & Co. (646-924-0004) is representing Tiger Schulmann’s Martial Arts with its expansion plans throughout Manhattan, NY. The company utilizes spaces of 3,500 sq.ft. to 5,000 sq.ft. in various retail settings. Any combination of ground floor, basement, mezzanine or second floors spaces are preferred. HFF (404-942-2212) has been named the exclusive sales broker for Shallowford Falls Shopping Center, a 103,572 sq.ft. neighborhood shopping center located at the intersection of Johnson Ferry Road and Shallowford Road in East Cobb County, GA. Kroger anchors the center.
Pier 1 Imports is seeking growth opportunities throughout AZ during the coming 18 months. Page 8 | August 9, 2013
Sierra U.S. (312-254-0707) is representing California Pizza Kitchen with its expansion plans in major markets nationwide. The restaurants occupy spaces of 5,000 sq.ft. to 5,500 sq.ft. in endcaps of upscale lifestyle centers, high-end malls and urban/downtown locations. DM Dealmakers Magazine | www.dealmakers.net
sources of financing Meridian Capital Group, LLC negotiated $48.8 million in financing for a mixeduse office and retail building located along Seventh Avenue in New York, NY. The 12year loan features a fixed-rate of 3.5% and was provided by a local commercial bank. The company specializes in arranging financial transactions ranging from $1 million to $500 million for retail, industrial, hotel, mixed-use and residential properties. For more information, contact Jonathan Stern, Meridian Capital Group, LLC; 212972-3600; Email: jstern@meridiancapital.com. Spence Hill Associates negotiated $3.75 million in financing for McLean Village, a 9,538 sq.ft. neighborhood shopping center located along Old Dominion Drive in McLean, VA. The 10-year loan features a seven-year fixed interest rate of 3.55%. Tenants include Nourish Market, Gathered Stems, Dominion Village Cleaners, Pro Taekwondo Martial Arts Center and McLean Nails & Spa. The company specializes in the financing and sale of commercial real estate and provides financial advisory services to owners, developers and institutions nationwide. For more information, contact Michael T. Trauberman, Spence Hill Associates; 571641-3050; Email: trauberman@spencehill.com; D Web site: www.spencehill.com. M
buyers and sellers (continued from page five)
Hanley Investment Group Real Estate Advisors negotiated the sale of Granada Shopping Center, a 69,325 sq.ft. shopping center situated on 6.39 acres along Holmes Street in Livermore, CA. Lucky Supermarket anchored the center at the time of sale and tenants included Fairmont Bank, Cosmo Prof, Curves, Subway and Country Waffles. Retail Opportunity Investment Corp. acquired the property for $17.5 million from Granada Retail, LLC. For more information, contact Edward B. Hanley, Hanley Investment Group Real Estate Advisors; 949-585-7677.
J.H. Winokur, Inc., on behalf of Inland Mortgage, brokered the sale of Crossroads of Janesville, a 109,585 sq.ft. shopping center located at the intersection of Milton Avenue and Highway 14 in Janesville, WI. At the time of sale, Hobby Lobby, Slumberland Furniture and Dollar Tree anchored the center. The company represented the buyer and the seller in the transaction. For more information, contact Jason Winokur, J.H. Winokur, Inc., 200 Mamaroneck Avenue, Suite 505, White Plains, NY 10601; 914-997-9200, Fax 914997-9259; Email: jasonw@jhwinokur.com; Web site: www.jhwinokur.com. DM
real estate professionals making the news
Travis Commercial Real Estate Services (210308-9888) hired Ben Jordan as director of finance and analysis. In his new role, Jordan will be responsible for financial analysis, market research and underwriting related to property acquisitions and investments, as well as tenant representation. The company also hired Brian Kates as an associate. In his new role, Kates will focus on project leasing, new business development and marketing. The Goldstein Group (201-703-9700) launched a new investment sales division and appointed Bruce Shmilowitz as the director. The division will focus on high net worth individuals, institutions, corporations and private investors seeking to acquire or sell investment properties and Shmilowitz will be responsible for leading the expansion of the division and assembling a team of brokers. The company specializes in owner and retailer representation, investment sales and management services. DM Dealmakers Magazine | www.dealmakers.net
August 9, 2013 | Page 9
lease signings Cohen Commercial Properties (212-679-1222) negotiated a lease with Bravo Supermarket for 12,000 sq.ft. at Daytona Promenade, a 152,704 sq.ft. neighborhood shopping center situated on 18 acres at the intersection of Beville Road and Nova Road in Daytona Beach, FL. Stiles Realty represented the tenant in the transaction. Velocity Retail Group, LLC (602-682-6020) negotiated a five-year lease with Pawn 1st for 8,100 sq.ft. and a three-year lease renewal with Arizona Iron Furniture for 3,125 sq.ft. at Bell Tower Plaza, located at the intersection of Bell Road and 63rd Avenue in Glendale, AZ and a five-
year lease with Togo’s for 1,190 sq.ft. at Warner Ranch, located along Rural Road in Tempe, AZ. Goodman Real Estate Services, LLC (216-3818200) negotiated a lease with Dime Piece Fitness at Bay Village Square in Bay Village, OH. The company also negotiated a lease with Marshalls at New Towne Mall in New Philadelphia, OH, with the company representing the tenant in the transaction. The company also negotiated a lease with Garbanzo Mediterranean Grill at The Plaza at Florham Park, located along Columbia Turnpike in Florham Park, NJ with the company representing the tenant in the transaction.
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Scott Henard Vice President, Acquisitions O: 972.284.0925 C: 972.998.7373 shenard@westfin.com
11440 San Vicente Blvd, Ste 200 | Los Angeles, CA 90049 | www.westfin.com Page 10 | August 9, 2013
De Rito Partners, Inc. (480-834-8500) negotiated the following leases throughout AZ: with McDonald’s for 34,000 sq.ft. of land at Frontier Village Shopping Center, located along East State Highway 69 in Prescott, with the company representing the tenant in the transaction; with Red Hut Coffee & Espresso for 1,575 sq.ft. at the intersection of 7th Street and Roosevelt Street in downtown Phoenix, with the company representing the tenant in the transaction; with McLaren Automotive/Auto Gallery for 9,988 sq.ft. at the intersection of Raintree Drive and 83rd Place in Scottsdale, with the company representing the tenant in the transaction and with H & R Barbershop for 1,200 sq.ft. at North Central Plaza in Avondale, with the company representing the landlord in the transaction. Rein & Grossoehme (480-214-9400) negotiated a lease with Jennifer’s Catering for 3,061 sq.ft. at Gaslight Square, located along East Indian School Road in Phoenix, AZ. The company represented the landlord, Gaslight Square Retail, LLC, in the transaction. The company also negotiated a lease with Walt’s TV & Home Theatre for 10,002 sq.ft. at Emerald Design Center, located along West Ruby Drive in Tempe, AZ, with the company representing the landlord and Cassidy Turley representing the tenant in the transaction. The company also negotiated a lease with Spectrum Nails for 1,122 sq.ft. at Foothills Village Centre, located along East Chandler Boulevard in Phoenix, AZ, with the company representing the landlord and the tenant in the transaction. R. J. Waters & Associates, Inc. (610-3886600) negotiated a lease with Norman’s Hallmark for 5,000 sq.ft. at the Shoppes at Longwood Village, a 141,940 sq.ft. shopping center located at the intersection of East Baltimore Pike and Bayard Road in Kennett Square, PA. The company represented the landlord in the transaction. McClinton & Co., Inc. (334-270-9653) negotiated a five-year lease with Bloom for 1,600 sq.ft. and a five-year lease with Alabama River Region Ballet for 3,803 sq.ft. at Festival Plaza Shopping Center in Montgomery, AL. The company represented the landlord in both transactions. The Icon Cos. (315-569-5678) negotiated a five-and-a-half-year lease with VB Performance for 12,000 sq.ft. along Thompson Road in Syracuse, NY. The company represented the landlord, RAV Properties, LLC, in the transaction. DM Dealmakers Magazine | www.dealmakers.net
lead sheet TBC Corp. dba Tire Kingdom, Merchant’s Tire & Auto Centers, NTB-National Tire & Battery, Big O Tires, Midas, SpeeDee Oil and Lube Steve Knapton 4300 TBC Way Palm Beach Gardens, FL 33410 312-560-0433 Email: sknapton@midas.com
Automotive The 2,100-unit chain operates locations nationwide and in Canada. The automotive service centers occupy spaces of 3,500 sq.ft. to 6,000 sq.ft. in freestanding locations and endcaps of shopping centers. Growth opportunities are sought throughout AK, AZ, CA, CO, HI, ID, KS, LA, MS, MT, ND, NE, NM, NV, OK, OR, SD, TX, UT, WA and WY, as well as in Alberta, British Columbia, Manitoba, Saskatchewan and western areas in Canada during the coming 18 months. Expansion is franchise-driven. For more information regarding expansion areas throughout the eastern region of the U.S., contact Harry Hewitt; Email: hhewitt@midas.com.
7-Eleven Lew Finkelstein c/o The Goldstein Group 45 Eisenhower Drive Paramus, NJ 07652 201-703-9700, Fax 201-703-9678 Email: lfinkelstein@thegoldsteingroup.com Web site: www.thegoldsteingroup.com
Convenience The 50,700-unit chain operates locations nationwide and internationally. The convenience stores, some with gasoline facilities, occupy spaces of 2,500 sq.ft. to 3,000 sq.ft. in freestanding locations and shopping centers. Growth opportunities are sought throughout central and northern NJ during the coming 18 months, with representation by The Goldstein Group. A land area of 0.25 to 1 acre is required for freestanding locations.
HJB Convenience Corp. dba Russell’s Convenience Stores Ray Huff 8585 West 14th Avenue, Suite B3 Lakewood, CO 80215 720-881-5900, Fax 303-293-0012 Web site: www.russellsconvenience.com
Convenience The 25-unit chain operates locations throughout CA, CO and HI. The convenience stores occupy spaces of 900 sq.ft. to 1,800 sq.ft. in urban/downtown areas. Growth opportunities are sought throughout the existing markets during the coming 18 months.
Wawa, Inc. dba Wawa Department of Real Estate 260 West Baltimore Pike Wawa, PA 19063-5699 610-358-8000, Fax 610-358-6865 Web site: www.wawa.com
Convenience The 600-unit chain operates locations throughout DE, FL, MD, NJ, PA and VA. The convenience stores, with gasoline facilities, occupy freestanding locations on land areas of 1.5 to two acres. Growth opportunities are sought throughout DE; Orlando and Tampa Bay, FL; MD; NJ; PA and VA during the coming 18 months.
Sally Beauty Holdings, Inc. dba CosmoProf and Armstrong McCall Jacqueline Tapella 3001 Colorado Boulevard Denton, TX 76201 800-777-5706 Ext. 4675 Email: jtapella@sallybeauty.com Web site: www.sallybeauty.com
Cosmetics The 1,100-unit chain operates locations throughout the continental U.S. and in Canada. The stores, offering beauty supplies and products, for salon professionals only, occupy spaces of 1,400 sq.ft. to 2,500 sq.ft. in freestanding locations, strip centers and shopping centers. Growth opportunities are sought throughout CO; IA; ID, IL (excluding Chicago), KS, MI, MN, MO, MT, ND, NE, NM, SD, UT, WI and WY during the coming 18 months. Typical leases run five years.
Fairway Sales Co. dba Fairway Discount Store Paul Harmon 1071 West Saginaw Road Vassar, MI 48768 989-823-2222, Fax 989-823-7161
Discount The seven-unit chain operates locations throughout MI. The stores, offering discounted general merchandise, occupy spaces of 6,000 sq.ft. to 8,000 sq.ft. in urban/downtown areas. Growth opportunities are sought throughout the existing market during the coming 18 months.
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August 9, 2013 | Page 11
lead sheet Dollar K c/o Metro Commercial & Business Brokers, Inc. John Wilmarth 425 Linda Drive East Meadow, NY 11554 516-640-5440 Email: metrocb@optonline.net
Discount The 12-unit chain operates locations throughout New York City, NY and the surrounding boroughs. The stores, offering discounted general merchandise and in select locations, a pharmacy, occupy spaces of 4,000 sq.ft. to 12,000 sq.ft. in downtown areas. Growth opportunities are sought throughout existing markets, in addition to Long Island and Westchester County, during the coming 18 months, with representation by Metro Commercial & Business Brokers, Inc.
Kinney Drugs, Inc. dba Kinney Drugs Dave McClure 29 East Main Street Gouverneur, NY 13642 315-287-1500, Fax 315-287-4291 Web site: www.kinneydrugs.com
Drug Store The 102-unit chain operates locations throughout NY and VT. The drug stores occupy spaces of 11,550 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 15 to 20 years. A vanilla shell and specific improvements are required. Preferred demographics include a population of 7,000 within three miles. Major competitors include Rite Aid and Walgreens. A land area of 1.5 acres is required.
Navarro Discount Pharmacies Barbara Aleman 9400 Northwest 104th Street Medley, FL 33178 305-633-3000, Fax 305-634-0051 Email: baleman@navarro.com Web site: www.navarro.com
Drug Store The 32-unit chain operates locations throughout Broward and Miami-Dade, FL. The drug stores occupy spaces of 7,000 sq.ft. to 14,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout central and southern FL during the coming 18 months.
Audio Express Jay Cohen c/o L3 Corp. 12655 Olive Boulevard, Suite 220 St. Louis, MO 63141 314-469-7400, Fax 314-576-9768 Email: jay@l3corp.net Web site: www.l3corp.net
Electronics The 50-unit chain operates locations throughout AZ, CA, CO, IL, MO, NM, NV and TX. The stores, offering name-brand automotive audio, video and electronic systems, occupy spaces of 4,500 sq.ft. in freestanding locations and endcaps of strip centers. Growth opportunities are sought throughout the St. Louis, MO metropolitan area during the coming 18 months, with representation by L3 Corp.
Cottonwood Financial dba The Cash Store Matthew Baulier 1901 Gateway Drive, Suite 200 Irving, TX 75038 972-753-0822 Ext. 1110, Fax 972-518-1152 Email: mbaulier@cottonwoodfinancial.com Web site: www.cashstore.com
Finance The 330-unit chain operates locations throughout ID, IL, MI, NM, TX, UT and WI. The financial service centers occupy spaces of 1,200 sq.ft. to 3,000 sq.ft. in endcaps or outparcels of shopping centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run five years with options. A vanilla shell is required. Preferred cotenants include Super Target, Super Walmart and major grocery stores.
Crunch Fitness John Mitchell c/o JBG Rosenfeld Retail Properties, LLC 4445 Willard Avenue, Suite 700 Chevy Chase, MD 20815 301-657-0700, Fax 301-657-9850 Email: jmitchell@jbgr.com Web site: www.jbgr.com
Fitness The 61-unit chain operates locations throughout CA, CT, FL, NJ, NY, OR, TX, VA, WA and Washington, DC. The fitness centers occupy spaces of 15,000 sq.ft. to 60,000 sq.ft. in various retail settings. Growth opportunities are sought throughout MD, VA and Washington, DC during the coming 18 months, with representation by JBG Rosenfeld Retail Properties, LLC.
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lead sheet Koko FitClub Penny Wickey c/o Saugatuck Commercial Real Estate, LLC 9 Burr Road Westport, CT 06880 203-222-4194 Email: pwickey@saugatuckcommercial.com Web site: www.saugatuckcommercial.com
Fitness The 130-unit chain operates locations throughout AZ, CA, CO, CT, FL, IA, ID, IN, KY, LA, MA, MN, MS, NC, NE, NH, NJ, NV, NY, OH, OK, PA, SD, TN, TX, UT, VA and WA. The fitness clubs occupy spaces of 1,500 sq.ft. to 2,000 sq.ft. in various retail settings. Growth opportunities are sought throughout Fairfield County, CT during the coming 18 months, with representation by Saugatuck Commercial Real Estate, LLC.
Jensen Jewelers of Idaho, LLC dba Jensen Jewelers Tony Prater 133 Shoshone Street North Twin Falls, ID 83301 208-734-7920, Fax 208-734-9574 Email: tprater@jensen-jewelers.com Web site: www.jensen-jewelers.com
Jewelry The 14-unit chain operates locations throughout ID, MT, NV and WY. The jewelry stores occupy spaces of 1,400 sq.ft. to 1,600 sq.ft. in malls, lifestyle and strip centers. Growth opportunities are sought throughout WY during the coming 18 months. Typical leases run five years with a five-year option. A vanilla shell and specific improvements are required. The company is site-selective.
Bio Ped Foot Care Centers, Inc. dba Bio Ped Foot Care Centers Robin Schleien 2150 Winston Park Drive, Unit 21 Oakville, Ontario, Canada L6H 5V1 905-829-0505, Fax 905-829-5199 Web site: www.bioped.com
Shoes The 45-unit chain operates locations throughout Ontario, Canada. The shoe stores occupy spaces of 1,500 sq.ft. in regional and strip malls. Growth opportunities are sought throughout the existing market during the coming 18 months.
Group Nine Associates dba J. Stephens Gary Hauss 6700 Fallbrook Avenue, Suite 150 West Hills, CA 91307 818-431-2501, Fax 818-884-7967 Email: gary@gnine.com
Shoes The 10-unit chain operates locations throughout AZ and CA. The shoes stores occupy spaces of 1,400 sq.ft. to 2,200 sq.ft. in malls and lifestyle centers. Growth opportunities are sought throughout AZ, CA and Las Vegas, NV during the coming 18 months. Typical leases run 10 years. Specific improvements are required.
Conn Appliances, Inc. dba Conn’s Robby Ferguson 4055 Technology Forest Boulevard, Suite 210 The Woodlands, TX 77381 936-230-5841, Fax 855-593-8149 Email: robby.ferguson@conns.com Web site: www.conns.com
Specialty The 74-unit chain operates locations throughout AZ, LA, NM, OK and TX. The stores, offering electronics, home appliances, furniture, mattresses and lawn and garden products, occupy spaces of 35,000 sq.ft. to 45,000 sq.ft. in freestanding locations, power and strip centers. Growth opportunities are sought throughout the existing markets, in addition to CO, MS, NC, NV, SC and TN, during the coming 18 months.
Genesco dba Lids Locker Room Craig Siegel 7555 Woodland Drive Indianapolis, IN 46278 317-333-5260, Fax 317-337-1428 Email: craig.siegel@lids.com
Specialty The chain operates locations nationwide and in Canada. The stores, offering sports merchandise including bobble heads, cozies, house flags and accessories, occupy spaces of 150 sq.ft. to 3,000 sq.ft. in regional malls, entertainment, lifestyle, outlet, power and tourist centers, as well as urban/downtown areas. Growth opportunities are sought nationwide during the coming 18 months.
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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 11-unit chain operates locations throughout FL, MD, NJ and SC. The stores, offering surf boards and related apparel, equipment and accessories, occupy spaces of 8,000 sq.ft. to 15,000 sq.ft. in malls, entertainment and tourist centers. Growth opportunities are sought throughout AL, TX and VA during the coming 18 months. Typical leases run five years. A vanilla shell is required. Preferred cotenants include tourist based or entertainment retailers. Preferred demographics include a population of 200,000 within 10 miles earning $70,000 as the average household income. Major competitors include Zumiez, Tillys, Hollister and Pacific Sunwear.
Big 5 Corp. dba Big 5 Sporting Goods Dorm Leighty or Jim Berlin 2525 East El Segundo Boulevard El Segundo, CA 90245 310-536-0611, Fax 310-297-7645 Email: jsb@big5corp.com Web site: www.big5sportinggoods.com
Sporting Goods The 416-unit chain operates locations throughout 13 states in the western region of the U.S. The sporting goods stores occupy spaces of 9,000 sq.ft. to 15,000 sq.ft. in freestanding locations, inline spaces of strip centers and downtown areas. Growth opportunities are sought throughout 12 states in the western region of the U.S. during the coming 18 months.
PGA Tour Superstore Steve Miller or Bill Rotella c/o The Rotella Group, Inc. 3300 North Federal Highway, Suite 200 Ft. Lauderdale, FL 33306 954-568-9015, Fax 954-568-9597 Web site: www.rotellagroup.com
Sporting Goods The 17-unit chain operates locations throughout AZ, CA, CO, FL, GA, IL, NJ, SC and TX. The stores, offering golf related products, apparel and footwear, along with tennis apparel, accessories and footwear, occupy spaces of 50,000 sq.ft. in various retail settings. Growth opportunities are sought throughout southeastern FL during the coming 18 months, with representation by The Rotella Group, Inc.
Learning Express, Inc. dba Learning Express Toys Mike Derse 29 Buena Vista Street Devens, MA 01434 978-889-1000, Fax 978-889-1010 Email: mike@learningexpress.com Web site: www.learningexpress.com
Toys The 130-unit chain operates locations nationwide. The toy stores occupy spaces of 2,000 sq.ft. to 3,000 sq.ft. in freestanding locations, malls, lifestyle, outlet, specialty and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run five or 10 years. A vanilla shell and specific improvements are required. Preferred cotenants include upscale grocery stores. Preferred demographics include a population of 100,000 within five miles earning $80,000 as the average household income. Major competitors include local toy stores. The company is franchising.
The Vitamin Shoppe Tom Woods or Brian Woods c/o Colliers International 2390 East Camelback Road, Suite 100 Phoenix, AZ 85016 602-222-5031/5026 Email: tom.woods@colliers.com
Vitamins The 600-unit chain operates locations nationwide. The stores, offering vitamins, minerals and related supplements, occupy spaces of 3,000 sq.ft. in freestanding locations, corner locations and pad sites of shopping centers. Growth opportunities are sought throughout AZ during the coming 18 months, with representation by Colliers International.
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 | August 9, 2013
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space place Alabama
Arizona
Arizona
Birmingham – Clay, a 66,165 sq.ft. center located at the intersection of Old Springville Road and Sweeney Hollow Road, has spaces from 1,545 sq.ft. to 3,058 sq.ft. available. Cotenants include Publix, Subway, Spirit Locker, Pasquale’s Pizza and China Kitchen. Area demographics include a population of 87,846 within five miles earning $62,055 as the average household income. The average daily traffic count is 42,900 vehicles. Hoover – Hoover Commons, a 195,805 sq.ft. center located along US Highway 31/Montgomery Highway, has spaces from 1,200 sq.ft. to 10,853 sq.ft. available. Cotenants include Burlington Coat Factory, Books-A-Million, Dollar Tree, Rite Aid, Papa John’s and Party City. Area demographics include a population of 129,189 within five miles earning $92,048 as the average household income. The average daily traffic count is 42,100 vehicles. For more information, contact Tammy Johnson, Select Strategies Realty, 5870 Trussville Crossings Parkway, Suite 128, Birmingham, AL 35235; 205-542-7400; Email: tjohnson@selectstrat.com.
has spaces from 2,500 sq.ft. to 5,000 sq.ft. available. Cotenants include Lee Lee Oriental Supermarket, Panda Express, Subway, Carl’s Jr. and Shell. Area demographics include a population of 332,672 within five miles earning $64,197 as the average household income. The average daily traffic count is 41,000 vehicles. Phoenix – Marbella Plaza, a 70,800 sq.ft. center located at the intersection of 29th Avenue and Bell Road, has spaces from 1,320 sq.ft. to 2,800 sq.ft. available. Cotenants include GateWay Community College, U.S. Egg, India Palace, Bank of America and Frazee Paint. Area demographics include a population of 357,031 within five miles earning $67,007 as the average household income. The average daily traffic count is 55,000 vehicles. Sun City – Greenway Terrace, a 99,556 sq.ft. center located at the intersection of 99th Avenue and Greenway Road, has spaces of 1,500 sq.ft. to 2,890 sq.ft. available. Cotenants include Walgreens, True Value and Dollar Tree. Area demographics include a population of 276,374 within five miles earning $72,463 as the average household income. Tuscon – Randolph Plaza, located at the intersection of 22nd Street and Alvernon Way, has spaces of 980 sq.ft. to 4,080 sq.ft. available. Cotenants include Fry’s, Peter Piper Pizza, Dollar Tree, Rainbow, Payless Shoe Source
and Goodwill. Area demographics include a population of 100,950 within three miles earning $44,670 as the average household income. The average daily traffic count is 95,900 vehicles. For more information, contact Arizona Partners, El Dorado Square, 6621 North Scottsdale Road, Scottsdale, AZ 85250; 480368-0111, Fax 480-368-0444; Web site: www.azpre.com.
Arizona Peoria – Lee Lee Plaza, located at the intersection of 75th Avenue and Cactus Road,
Shopping Center
Management n Leasing n Redevelopment rt s Turn Your P r ty Over To The Expse rope r S e r v i n g F l o r i d a f or over 30 yea n
Jill Strumpf, CSM
California Los Angeles – Ground level spaces of 970 sq.ft. and 1,000 sq.ft. are available along West Slauson Avenue. The asking monthly rents are $1.85 psf and $2.50 psf. For more information, contact Diane Ausbon, Award Commericial, 213-280-3136; Email: dausbon@c21awardcommercial.com; Web site: www.c21awardcommercial.com. Santa Ana – Santa Ana Plaza, located at the intersection of Harbor Boulevard and McFadden Avenue, has spaces available. Cotenants include Northgate Market and KFC. Area demographics include a population of 315,743 within three miles earning $70,986 as the average household income. The average daily traffic count is 75,402 vehicles.
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Bruce Strumpf, Inc. Shopping Center Management, Leasing & Redevelopment 2120 Drew Street, Clearwater, FL 33765 727-449-2020 • Fax 727-449-2212 e-mail: lenorereynolds@brucestrumpf.com www.brucestrumpf.com
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space place California
Florida
Georgia
For more information, contact Terry Bortnick, Thomas Tway or Daniel Firtel, Argent Retail Advisors, 888-301-1888 Ext. 2/4/3; Emails: tbortnick@argentretailadvisors. com, ttway@argentretailadvisors.com and dfirtel@argentretailadvisors.com.
Burger King and Chili’s. Area demographics include a population of 116,774 within five miles earning $58,488 as the average household income. The average daily traffic count is 70,760 vehicles. For more information, contact Emrah Sungu, Solar Realty Management, 57 West 38th Street, 2nd Floor, New York, NY 10018; 212-633-9985 Ext. 207; Email: esungu@solarrealtymanagement.com.
income. The average daily traffic count is 28,034 vehicles. For more information, contact John Brozovic, Halpern Enterprises, Inc., 5269 Buford Highway, Atlanta, GA 30340; 770508-3314; Email: jbrozovic@halpern-online.com; Web site: www.halpern-online.com.
Florida Coconut Creek – Promenade at Coconut Creek, a 277,000 sq.ft. mixed-use development located at the intersection of Lyons Road and Wiles Road, has spaces of 810 sq.ft. to 20,000 sq.ft. available. Cotenants include Silversport Cinema, DSW, Banana Republic, Chico’s, Justice, New York & Co., World of Beer and Starbucks. Area demographics include a population of 333,808 within five miles earning $67,170 as the average household income. For more information, contact Marty Arrivo, Robert K. Futterman & Associates, 888 Brickell Avenue, Suite 101, Miami, FL 33131; 305-372-6203, Fax 305-3726210; Email: marrivo@rkf.com; Web site: www.rkf.com. Gainesville – Plaza Centro, located along Archer Road has a 1,579 sq.ft. endcap space with a drive-thru available. Cotenants include Panera Bread, Moe’s and Coldstone Creamery. Area demographics include a population of 86,631 within five miles earning $38,966 as the average household income. The average daily traffic count is 85,500 vehicles. For more information, contact Arthur Shifrin, Koniver Stern Group, 1665 Washington Avenue, Miami Beach, FL 33139; 305-532-6100 Ext. 230; Email: arthur@koniversterngroup.com; Web site: www.koniversterngroup.com. North Ft. Myers – Bayshore, located at the intersection of Bayshore Drive and Slater Road, has spaces from 1,500 sq.ft. available. Cotenants include Lynx Services, Dollar General and Bayshore Animal Hospital. The average daily traffic count is 20,000 vehicles. For more information, contact Fred Wine, Quantum Cos., 4912 Del Ray Avenue, Bethesda, MD 20814; 301-657-9900, Fax 301-657-8412; Email: fwine@quantumco.net. Palm Bay – Sabal Palm Square, a 135,759 sq.ft. center located at the intersection of Babcock Street and Palm Bay Road, has spaces from 1,000 sq.ft. to 20,000 sq.ft. available. Cotenants include Save-a-Lot, Domino’s, Family Dollar, Goodwill, Papa John’s, Dealmakers Magazine | www.dealmakers.net
Snellville – Centerville Crossing, located at the intersection of Annistown Road and Centerville Highway, has spaces from 1,400 sq.ft. to 4,000 sq.ft. available. Cotenants include Walgreens, Auto Zone and Fitness 19. Area demographics include a population of 53,333 within three miles earning $98,535 as the average household income. For more information, contact Shannon Mullinax, Hendon Properties, 404-9261534; Email: shannon@hendonproperties.com.
Seminole – Oakhurst Plaza, located along Oakhurst Road, has spaces from 900 sq.ft. to 1,875 sq.ft. available. Cotenants include Angry Pepper Taphouse, Snap Fitness, China King, Beauty Nails & Tan and Somera Coffee. Area demographics include a population of 135,346 within five miles earning $66,680 as the average household income. Tampa – Live Oak Shopping Center, located along Bruce B. Downs Boulevard, has a 1,400 sq.ft. space available. Cotenants include AAA Travel & Insurance Agency, Metro PCS, Marco’s Pizza and Bruster’s Ice Cream. Area demographics include a population of 93,071 within five miles earning $92,748 as the average household income. The average daily traffic count is 66,500 vehicles. For more information, contact Brian Bern or Ryan Derriman, Franklin Street Real Estate, 500 North Westshore Boulevard, Suite 750, Tampa, FL 33609; 813-658-3343/3359, Fax 813-839-7330; Emails: brian.bern@fsfp.com and ryan.derriman@fsfp.com; Web site: www.fsfp.com.
Winder – Barrow Crossing, a 500,000 sq.ft. power center located at the intersection of State Route 316 and Highway 81, has spaces from 1,600 sq.ft. to 15,000 sq.ft. available. Cotenants include Target, McDonald’s, Belk, T.J. Maxx, Publix, Subway, Supercuts and Verizon Wireless. Area demographics include a population of 139,264 within ten miles earning $65,568 as the average household income. The average daily traffic count is 26,300 vehicles. For more information, contact Bill Barnett, Faison, 121 West Trade Street, 27th Floor, Charlotte NC 28202; 704-972-2640, Fax 704-972-2698; Email: bill.barnett@faison.com; Web site: www.faison.com.
Georgia
Illinois
Canton – The Shops at Canton, located along Marietta Highway, has a 1,600 sq.ft. space available. Cotenants include Kroger, Subway, Fantastic Sam’s and Golden China. Area demographics include a population of 73,512 within five miles earning $74,880 as the average household income. For more information, contact Tim Lehning, Market Land Co., 3200 West End Avenue, Suite 401, Nashville, TN 37203; 615-324-3875, Fax 615-383-5923; Email: tlehning@marketlandco.com; Web site: www.marketlandco.com.
Peru – Peru Mall, located along Route 251, has spaces available. Cotenants include JC Penney, Marshalls, Sears, JoAnn Fabrics, Bergner’s and Peru Cinemas. Area demographics include a trade-area population of 47,100 earning $66,300 as the average household income. For more information, contact Karen Elkin, GK Development, Inc., 847-277-2029; Web site: www.gkdevelopment.com.
Covington – Covington Corners, a 91,241 sq.ft. center located at the intersection of US Highway 278 and North Elm Street, has spaces available. Cotenants include Farmer’s Furniture, Citi Trends and Auto Zone. Area demographics include a trade area population of 146,437 within ten miles earning $65,158 as the average household
Springfield – Capital City Shopping Center, located along South Dirksen Parkway, has spaces from 750 sq.ft. to 72,000 sq.ft. available, along with an anchor space. Cotenants include Radio Shack, Panera Bread, Big Lots, AMC Theatres and Judy’s Hallmark. Area demographics include a population of 62,379 within five miles earning $51,685 as the average household income. The average daily traffic count is (continued on page eighteen)
August 9, 2013 | Page 17
space place Illinois (continued from page seventeen)
19,480 vehicles. The asking rent is $8 psf to $10 psf. For more information, contact Skilken, 4270 Morse Road, Columbus, OH 43230; 614-418-3100, Fax 614-418-3101; Web site: www.skilken.com.
Indiana Noblesville – Prairie Lake Shopping Center, located along Mundy Drive, has a 2,400 sq.ft. endcap available. Cotenants include The UPS Store, Tuscano’s, Kelly Nails and Koko Fit Club. Area demographics include a population of 115,764 within five miles earning $101,399 as the average household income. The average daily traffic count is 57,000 vehicles. For more information, contact Tracey Holtzman, Midland Atlantic; 317-580-9900; Email: tholtzman@midlandatlantic.us; Web site: www.midlandatlantic.com.
Kansas Olathe – Southgate Shopping Center, located at the intersection of Interstate 35/151st Street, and 169 Highway, has a 1,300 sq.ft. space available. Area demographics include a population of 109,554 within five miles earning $68,893 as the median household income. The asking rent is $17.50 psf NNN. Overland Park – Regency North Shopping Center, located at the intersection of Metcalf Avenue and 91st Street, has spaces from 2,000 sq.ft. to 3,783 sq.ft. available. Cotenants include Whole Foods Market, Metcalf Discount Liquor, Cinzetti’s and Bob Evans Restaurant. Area demographics include a population of 253,028 within five miles earning $74,292 as the median household income. The average daily traffic count is 40,331 vehicles. For more information regarding Southgate Shopping Center, contact Michael C. Sonnenberg or Raymond W. Sonnenberg, LaSala-Sonnenberg Commercial Realty Co., 6310 Lamar Avenue, Suite 100, Overland Park, KS 66202; 913-956-5812/5804; Emails: mike@lasala-sonnenberg.com and ray@lasala-sonnenberg.com; Web site: www.lasala-sonnenberg.com. For more information regarding Regency North Shopping Center, contact Carl LaSala; 913956-5805; Email: carl@lasala-sonnenberg.com.
Kentucky Maysville – Bluegrass Center, a regional shopping center located at along US Highway Page 18 | August 9, 2013
Kentucky
Maryland
68, has spaces from 1,400 sq.ft. to 40,000 sq.ft. available. Cotenants include Big Lots, Rite Aid, Rent-2-Own and Dollar General. Area demographics include a population of 12,997 within five miles earning $47,285 as the average household income. The average daily traffic count is 19,590 vehicles. For more information, contact Dan Drescher, Select Strategies Realty, 400 Techne Center Drive, Suite 320, Cincinatti, OH 45150; 513-490-2503; Email: ddrescher@selectstrat.com; Web site: www.selectstrat.com.
Waldorf – Waldorf Shopper’s World Shopping Center, located along Crain Highway, has a 1,968 sq.ft. former bank available. Cotenants include Bed Bath & Beyond, FedEx Kinko’s, Burlington Coat Factory, Advance Auto Parts and Sports Authority. Area demographics include a population of 86,898 within five miles earning $101,732 as the average household income. The average daily traffic count is 56,000 vehicles. For more information, contact Joseph Farina, Divaris Real Estate, Inc., 11820 Parklawn Drive, Suite 404, Rockville, MD 20852; Email: jfarina@divaris.com; Web site: www.divaris.com.
Maryland Brandywine – Brandywine Crossing, a 650,000 sq.ft. regional power center located at the intersection of US Route 301 and Chadds Ford Drive, has shop spaces and outparcels available. Cotenants include Costco, Target, Safeway, Marshalls, Xscape Theatres, CarMax and McDonald’s. Area demographics include a population of 236,320 within ten miles earning $110,340 as the average household income. The average daily traffic count is 90,000 vehicles. Frederick – Clemson Corner, a 375,000 sq.ft. community center located at the intersection of US Route 15 and MD Routes 26 and 355, has a 1,120 sq.ft. space available. Cotenants include Wegmans, Lowe’s and Wells Fargo. Area demographics include a population of 89,120 within ten miles earning $75,603 as the average household income. The average daily traffic count is 70,000 vehicles. For more information regarding the Brandywine property, contact Bill Barnett, Faison, 121 West Trade Street, 27th Floor, Charlotte, NC 28202; 704-972-2640, Fax 704-972-2698; Email: bill.barnett@faison.com; Web site: www.faison.com. For more information regarding the Frederick property, contact Justin Schad, 704-972-2634, Fax 704-972-2698; Email: justin.schad@faison.com; Web site: www.faison.com.
Allen Park – Fairlane Green Outlot, located along Fairlane Drive, has a 6,000 sq.ft. pad site with a drive-thru available. Cotenants include Target, Barnes & Noble, Bed Bath & Beyond, Pier 1 Imports, Michaels, Old Navy and T.J. Maxx. Area demographics include a population of 336,120 within five miles earning $49,022 as the average household income. Canton – Crossroads Village, located at the intersection of Michigan Avenue and Beck Road, has spaces of 1,359 sq.ft. and 2,640 sq.ft. available. Cotenants include Target, PetSmart, Old Navy and Kohl’s. Area demographics include a population of 133,524 within five miles earning $73,550 as the average household income. The average daily traffic count is 37,267 vehicles. For more information regarding Fairlane Green Outlot, contact Jennifer Walters, Lormax Stern Development Co., 6755 Daly Road, West Bloomfield, MI 48322; 248-737-4041, Fax 248-737-5198; Email: jwalters@lormaxstern.com; Web site: www.lormaxstern.com. For more information regarding Crossroads Village, contact Jennifer Walters or JB Bernard; Email: bernard@lormaxstern.com.
Clinton – Woodyard Crossing, a 540,000 sq.ft. center located at the intersection of Branch Avenue and Woodyard Road, has spaces up to 15,000 sq.ft. available. Cotenants include Safeway, Staples, Walmart, Lowe’s, Petco and CVS. Area demographics include a population of 122,698 within five miles earning $74,792 as the average household income. The average daily traffic count is 147,730 vehicles. For more information, contact Rich Amsellem, Streetsense, 240-479-7216; Email: ramsellem@streetsense.com; Web site: www.streetsense.com.
Livonia – Office Depot Plaza, located at the intersection of Middlebelt Road and Plymouth Road, has spaces from 5,300 sq.ft. to 35,000 sq.ft. available. Cotenants include Office Depot, Party City and The Avenue. Area demographics include a population of 299,933 within five miles earning $55,720 as the average household income. Redford – Redford Center, a 114,865 sq.ft. regional strip center located at the intersection of Plymouth Road and Inkster Road, has an anchor space of 49,832 sq.ft. available. Cotenants include CVS, Check N’Go and Checkers. Area demographics include a
Michigan
Dealmakers Magazine | www.dealmakers.net
space place Michigan
New Jersey
New Jersey
population of 313,425 within five miles earning $57,415 as the median household income. The average daily traffic count is 60,730 vehicles. For more information, contact Cathy Wilson, Eagle Commercial Services, 5757 West Maple, Suite 800, Bloomfield, MI 48322; 248-985-0333; Email: cwilson@eaglecommservices.com; Web site: www.eaglecommservices.com.
count is 14,000 vehicles. For more information, contact Tracey Mitnick, Urstadt Biddle Properties, Inc., 203863-8271; Email: tmitnick@ubproperties.com; Web site: www.ubproperties.com.
Hughes or Helena Loelius, Sitar Realty Co., 1481 Oak Tree Road, Iselin, NJ 08830; 732449-2000; Emails: hughes@sitarcompany.com and loelius@sitarcompany.com; Web site: www.sitarcompany.com.
Sea Girt – Sea Girt Square, a 52,135 sq.ft. center located along US Highway 35, has spaces of 1,360 sq.ft. to 6,200 sq.ft. availabel Cotenants include Massage Envy, Miles Ahead Sports, Village Coffee, Weight Watchers, Ralph’s and Learning Express. For more information, contact Edward
New York
Missouri Kansas City – Tremont Square Shopping Center, located at the intersection of Interstate 29 and Northwest 64th Street, has spaces from 1,400 sq.ft. to 2,840 sq.ft. available. Cotenants include Hen House Grocery Store, Dollar General, Great Clips, The UPS Store, Snap Fitness, H&R Block and Radio Shack. Area demographics include a population of 151,244 within five miles earning $60,418 as the average household income. The asking rent is $15 psf. For more information, contact Carl LaSala, LaSala-Sonnenberg Commercial Realty Co., 6310 Lamar Avenue, Suite 100, Overland Park, KS 66202; 913-956-5805; Email: carl@lasala-sonnenberg.com; Web site: www.lasala-sonnenberg.com.
Cobleskill – Cobleskill Plaza, a 42,312 sq.ft. center located along East Main Street, has spaces of 1,200 sq.ft. to 7,017 sq.ft. available. Cotenants include Subway, Sears, Burger (continued on page twenty)
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New Jersey Marlboro – Marlboro Commons, a 105,000 sq.ft. specialty shopping center located at the intersection of Route 9 and Route 520, has spaces of 10,750 sq.ft. and 13,744 sq.ft. available. Cotenants include Whole Foods Market, ULTA Beauty, Unleashed by Petco, Verizon Wireless, Walgreens and PNC Bank. Area demographics include a population of 57,258 within a five-minute drive time earning $137,204 as the average household income. For more information, contact William A. Lenaz, R.J. Brunelli, 400 Perrine Road, Suite 405, Old Bridge, NJ 08857; 732721-5800, Fax 732-721-9241; Email: wlenaz@rjbrunelli.com. Montvale – Chestnut Ridge Shopping Center, a 90,630 sq.ft. community center located at the intersection of Woodmont Drive and Chestnut Ridge Road, has spaces of 2,020 sq.ft. and 2,450 sq.ft. available. Cotenants include The Gym, Fresh Market, Phil’s Pizza, The Bagel Shop, Big Apple Wine & Spirits and F Silverman Jewelers. Area demographics include a population of 52,500 within three miles earning $170,425 as the average household income. The average daily traffic Dealmakers Magazine | www.dealmakers.net
www.dealmakers.net August 9, 2013 | Page 19
space place New York (continued from page nineteen)
King and Digital Wireless. The average daily traffic count is 16,902 vehicles. For more information, contact Brett Baxt, The Howard Group/TCN Worldwide, 1735 Central Avenue, Albany NY 12205; 518-4521881 Ext. 13; Email: bbaxt@howardgroup.com; Web site: www.howardgroup.com. Oceanside – Stop & Shop Atlantic Avenue, a 56,300 sq.ft. center located at the intersection of Atlantic Avenue and Waverly Avenue, has a space up to 3,800 sq.ft. available. Cotenants include Stop & Shop. Area demographics include a population of 458,923 within five miles earning $98,585 as the average household income. For more information, contact Robert Goldfeder, Basser Kaufman, 151 Irving Place, Woodmere, NY 11598; 516-5693700 Ext. 127, Fax 516-569-7528; Email: robert@basserkaufman.com; Web site: www.basserkaufman.com. Port Washington – A center located at the intersection of Shore Road and Mill Pond Road, has a space of 4,300 sq.ft. available, along with a 5,569 sq.ft. freestanding building and a 6,000 sq.ft. pad site. Cotenants include Stop & Shop, Home Goods and Radio Shack. Area demographics include a population of 160,953 within five miles earning $97,726 as the average household income. The asking rent is $11.35 psf. For more information, contact Amanda Gordon or Ed Czarniak, Sabre Real Estate Group, LLC, 500 Old Country Road, Garden City, NY 11530; 516-874-8070 Ext. 504/511; Emails: amanda@sabreny.com and edward@sabreny.com; Web site: www.sabreny.com.
North Carolina Mt. Olive – Mt. Olive Center, a 115,425 sq.ft. center located at the intersection of Highway 55 and US Route 117, has spaces available. Cotenants include Rose’s, Food Lion and Rite Aid. Area demographics include a population of 36,098 within ten miles earning $45,624 as the average household income. Thomasville – South Park Center, a 58,344 sq.ft. center located at the intersection of US Highway 64 and NC Highway 109, has spaces of up to 7,000 sq.ft. available, along with outparcels. Cotenants include Food Lion, Subway, Family Dollar, T-Nails and Sir Pizza. Area demographics include a population of 91,921 within ten miles earning $47,672 as the average household income. For more information, contact Connie Page 20 | August 9, 2013
North Carolina
Tennessee
Ostrander, Plaza Associates, Inc., 2840 Plaza Place, Suite 100, Raleigh, NC 27612; 919-781-8870; Web site: www.plazaassociatesinc.com.
Stop, GNC, rue 21 and Rent-A-Center. Area demographics include a population of 21,809 within five miles earning $45,740 as the average household income. Kimball – Kimball Crossing, a 280,476 sq.ft. center located at the intersection of Interstate 24 and Route 72/Main Street, has spaces of 1,500 sq.ft. to 3,200 sq.ft. available. Cotenants include Goody’s, Goodwill, Walmart Supercenter, Radio Shack, Game Stop, Domino’s Pizza, Subway, GNC, Dollar Tree and CATO. Area demographics include a population of 9,744 within five miles earning $47,097 as the average household income. For more information, contact Eric Penney, Brixmor, 3440 Preston Ridge Road, Building 4, Suite 425, Alpharetta, GA 30005; 770360-8414; Email: eric.penney@brixmor.com; Web site: www.brixmor.com.
Ohio Ashland – Home Depot Plaza, located at the intersection of Route 42 and Route 250, has an outparcel site of 1.75 acres available. Cotenants include Home Depot and Sutton Bank. Area demographics include a tradearea population of 57,448 earning $51,632 as the average household income. Cleveland – Pearl Brook, an 85,581 sq.ft. center located at the intersection of Pearl Road and Brookpark Road, has spaces of 3,009 sq.ft. to 13,265 sq.ft. available. Cotenants include Sears, Little Caesar’s, Family Dollar, Rent-A-Center and Revol Wireless. Area demographics include a population of 319,013 within ten miles earning $47,684 as the average household income. For more information, contact Visconsi Cos., Ltd., 30050 Chagrin Boulevard, Suite 360, Pepper Pike, OH 44124; 216-4645550; Web site: www.visconsi.com. Dayton – Westown Shopping Center, located at the intersection of West Third Street and Elmshurst Road, has spaces of 1,500 sq.ft. to 21,000 sq.ft. available. Cotenants include CVS, Aldi’s, Citi Trends, Family Dollar, O’Reilly Auto Pars and Rent-A-Center. Area demographics include a population of 137,496 within five miles earning $43,769 as the average household income. The average daily traffic count is 37,200 vehicles. Greenfield – Greenfield Corner, located at the intersection of Country Road 200 and State Route 9, has spaces of 4,000 sq.ft., 8,400 sq.ft. and 23,000 sq.ft. available, along with outparcels of 0.85 acres and 1.8 acres. Cotenants include Kohl’s, The Home Depot, Advance Auto Parts and Steak n’ Shake. Area demographics include a population of 70,829 within ten miles earning $73,567 as the average household income. For more information, contact Skilken, 4270 Morse Road, Columbus, OH 43230; 614-418-3100, Fax 614-418-3101; Web site: www.skilken.com.
Tennessee Athens – Congress Crossing, a 180,305 sq.ft. center located at the intersection of Congress Parkway and Decatur Pike, has spaces from 1,200 sq.ft., 2,700 sq.ft. and 3,166 sq.ft. available. Cotenants include Dunham’s Sports, Kmart, The Shoe Dept., CATO, Game
Nashville – Mountain View Marketplace, located at the intersection of Murfreesboro Pike and Pin Hook Road, has spaces from 1,000 sq.ft. to 5,700 sq.ft, available, along with outparcels of 0.49 acres, 0.99 acres and 1.17 acres. Cotenants include Publix, Subway, Jet’s Pizza, Petco, Peter’s Smokes and Goodwill. Area demographics include a population of 176,234 within five miles earning $57,732 as the average household income. For more information, contact Michael Larsen, DeBartolo Development, 4401 West Kennedy Boulevard, 3rd Floor, Tampa, FL 33609; 813-676-8482; Email: mlarsen@debartolodevelopment.com; Web site: www.debartolodevelopment.com.
Texas Arlington – Cooper Oaks Crossing, an 86,175 sq.ft. center located at the intersection of Green Oaks Boulevard and South Cooper Street, has a 5,288 sq.ft. endcap space available. Cotenants include Tom Thumb, GNC, Taco Bell, Luby’s and Popeye’s. Area demographics include a population of 297,837 within five miles earning $81,153 as the average household income. The average daily traffic count is 69,130 vehicles. Houston – Pad sites up to 7.75 acres are available at the intersection of Interstate 45 and Richey Road. Area retailers include Sam’s Club, Car Max, Bel Furniture and Movie Tavern. Area demographics include a population of 244,366 within five mile earning $52,860 as the median household income. For more information regarding Cooper Oaks Crossing, contact Mason Bishop, Transwestern Retail Services Group, 5001 Spring Valley Road, Suite 400W, Dallas TX 75244; 972-774-2507; Email: mason. Dealmakers Magazine | www.dealmakers.net
space place Texas
Virginia
Washington
bishop@transwestern.net; Web site: www.transwestern.net. For more information regarding the Houston property, contact Grant Walker or Chris Reyes, 1900 West Loop South, Suite 1300, Houston TX 77027; 713-270-7700/272-1280; Emails: grant.walker@transwestern.net and chris.reyes@transwestern.net; Web site: www.twhoustonretail.com.
available. Area retailers include T.J. Maxx, JC Penney, Sears, IKEA, Marshalls, Costco, Burlington Coat Factory and AMC Theatres. Area demographics include a population of 436,438 within ten miles earning $109,186 as the median household income. For more information, contact Ray Schupp, Andrew Rose or George Galloway, Next Realty Mid-Atlantic, LLC, 1750 Old Meadow Road, Suite 250, McLean, VA 22102; 703-442-4500 Ext. 21/26/12; Emails: rschupp@nextrealty.com, arose@nextrealty.com and ggalloway@nextrealty.com.
Richland – Washington Plaza, located at the intersection of McMurray Street and George Washington Way, has spaces from 1,600 sq.ft. to 5,000 sq.ft. available. Cotenants include Office Depot, Big Lots, Starbucks, The UPS Store, Crest Hallmark, Radio Shack, Safeway, Auto Zone and Taco Bell. Area demographics include a population of 62,036 within five miles earning $79,498 as the average household income. The average daily traffic count is 15,914 vehicles. Spokane – Huckleberry’s
Virginia Grafton – Washington Square Shopping Center, located along George Washington Memorial Parkway, has spaces of 750 sq.ft. to 2,205 sq.ft. available. Cotenants include Food Lion, Rose’s, Goodwill, Hair Cuttery, Radio Shack, Domino’s Pizza, Subway and Friedman’s Jewelers. The average daily traffic count is 53,000 vehicles. Virginia Beach – A .68 acre parcel is available along Laskin Road. Area retailers include Bojangle’s, Food Lion, Ollie’s Bargain Outlet, Dollar Tree and Kelly’s Tavern. Area demographics include a population of 158,818 within five miles earning $76,867 as the average household income. The average daily traffic count is 29,000 vehicles. For more regarding Washington Square Shopping Center, contact Christopher Hucke or Neal Sadler, S.L. Nusbaum Realty Co., 440 Monticello Avenue, Norfolk, VA 23510; 757-640-2205/2404; Emails: chucke@slnusbaum.com and nsadler@slnusbaum.com; Web site: www.slnusbaum.com. For more information regarding the Virginia Beach property, contact Christopher Hucke or Michael Gurley, 757640-2227; Email: mgurley@slnusbaum.com. Hampton – Coliseum Central, located at the intersection of Coliseum Drive and West Mercury Boulevard, has two acres available for ground lease or build to suit. Cotenants include Waffle House and Hooter’s. Area demographics include a population of 197,215 within five miles earning $55,168 as the average household income. The average daily traffic count is 55,000 vehicles. For more information, contact Erica Meekins or Sezin Cortinas, Divaris Real Estate, Inc., One Columbus Center, Suite 700, Vrginia Beach, VA 23462; 757-497-2113, Fax 757-497-1338; Emails: emeekins@divaris.com and scortinas@divaris.com; Web site: www.divaris.com. Woodbridge – A 189,000 sq.ft. building located at the intersection of Worth Avenue and Potomac Mills Circle, has spaces Dealmakers Magazine | www.dealmakers.net
(continued on page twenty-two)
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space place Washington (continued from page twenty-one)
Center, located along South Monroe Street, has a 1,746 sq.ft. space available. Cotenants include Ace Hardware and Huckleberry’s. Area demographics include a population of 187,854 within five miles earning $54,743 as the average household income. The asking rent is $25 psf. Also – A shopping center located at the intersection of North Market Street and Garland Avenue, has a 1,200 sq.ft. space available. Cotenants include Panda Express and Starbucks. Area demographics include a population of 211,573 within five miles earning $50,846 as the average household income. The average daily traffic count is 35,900 vehicles. The asking rent is $26 psf. For more information regarding Washington Plaza, contact Erik Nelson, Carl Gunzel, Chad Carper or Jim Quigley; Kiemle & Hagood Co., 601 West Main Avenue, Suite 400, Spokane, WA 99201; 509-755-7514/7543/7572/7560, Fax 509458-4014; Emails: erik.nelson@khco.com, carlq@khco.com, chad.carper@khco.com and jgq@khco.com; Web site: www.khco. com. For more information regarding the
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Huckleberry’s Center property, contact Erik Nelson. For more information regarding the Market Street property, contact Erik Nelson or Jim Quigley.
center located at the intersection of Highway 16 and Merton Avenue, has two spaces of 2,445 sq.ft. available, along with spaces of 7,895 sq.ft. and 20,440 sq.ft. Cotenants include Walgreens, Curves for Women, Shear Dimensions, Hartbrook Café and Pepino’s Pizza. Area demographics include a population of 46,738 within five miles earning $110,225 as the average household income. The average daily traffic count is 36,000 vehicles. Waupun – Parkview Plaza, an 84,750 sq.ft. center located at the intersection of West Main Street and County Park Road, has three spaces of 1,800 sq.ft. available, along with a space of 32,900 sq.ft. Cotenants include Market Fresh Foods, Helen’s Kitchen and Family Dollar. Area demographics include a population of 14,058 within five miles earning $58,155 as the average household income. The average daily traffic count is 11,400 vehicles. For more information, contact Aaron Anding, Anding Realty, Inc., 5900 Monona Drive, Madison, WI 53716; 608221-3854, Fax 608-221-4230; Email: aaron.anding@andingrealty.com. DM
Washington, D.C. An office building located at the intersection of K Street and 21st Street, has ground level retail spaces of 1,800 sq.ft., 2,100 sq.ft. and 5,900 sq.ft. available. Cotenants include Gensler and The Prime Rib. Area demographics include a population of 167,299 within two miles earning $81,557 as the median household income. The average daily traffic count is 39,000 vehicles. For more information, contact Ray Schupp or George Galloway, Next Realty Mid-Atlantic, LLC, 1750 Old Meadow Road, Suite 250, McLean, VA 22102; 703442-4500 Ext. 21/12, Fax 703-442-8818; Emails: rschupp@nextrealty.com and ggalloway@nextrealty.com.
Wisconsin Hartland – Hartbrook Mall, a 102,770 sq.ft.
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