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