Reporting The Nation’s Weekly News on Retailing & Retail Real Estate
Volume XXVII No. XXX
August 10, 2012
Apparel Chains Expand Nationwide Vanity Shop of Grand Forks trades as Vanity at 175 locations nationwide throughout 28 states. The stores, offering women’s and junior’s apparel, occupy spaces of 2,500 sq.ft. to 3,500 sq.ft. in enclosed malls. Growth opportunities are sought throughout the existing markets during 2013. Typical leases run five years. A vanilla shell and specific improvements are required. Major competitors include Aeropostale, Charlotte Russe and Wet Seal. For more information, contact Dane Tollefson, Vanity Shop of Grand Forks, 1001 25th Street North, Fargo, ND 58102-3116; 701-237-3330, Fax 701-235-6789. Name Brands, Inc. trades as Half of Half – Name Brand Clothing at 19 locations throughout AR, KS, MO, MS, NE, OK, TN and TX. The stores, offering discounted name-brand family apparel, occupy spaces of 12,000 sq.ft. to 30,000 sq.ft. in freestanding locations, strip and value centers. Growth opportunities are sought throughout Kansas City, KS and Dallas, TX during the coming 18 months. Typical leases run three to five years. A vanilla shell is required. Preferred cotenants include Target and T.J. Maxx. Preferred demographics include a population of 100,000 within five miles earning $35,000 as the average household income. For more information, contact Jim Breece, Name Brands, Inc., 7215 South Memorial Drive, Tulsa, OK, 74133; 918-307-0284, Fax 918-3070294; Web site: www.halfofhalf.com.
Ross Stores, Inc. trades as Ross Dress for Less at 1,072 locations nationwide. The stores, offering off-price apparel and household items, occupy spaces of 22,000 sq.ft. to 30,000 sq.ft. in regional malls, power and strip centers. Plans call for 96 openings throughout existing markets nationwide during the coming 18 months. Typical leases run 10 years. Specific improvements are required. Preferred demographics include a population of 30,000 within three miles earning less than a $40,000 per capita income. Major competitors include Marshalls and T.J. Maxx. For more information, contact Gregg McGillis, Ross Stores, Inc., 4440 Rosewood Drive, Pleasanton, CA 94588-3050; 925965-4400, Fax 925-965-4174; Web site: www.rossstores.com. Forman Mills, Inc. trades as Forman Mills at 30 locations throughout DE, IL, MD, MI, NJ, NY, OH, PA and Washington, DC. The stores, offering off-price family apparel, occupy spaces of 40,000 sq.ft. to 60,000 sq.ft. in freestanding locations, strip centers and urban/downtown areas. Growth opportunities are sought throughout the existing markets during the coming 18 months. For more information, contact Department of Real Estate, Forman Mills, Inc., 1070 Thomas Busch Memorial Highway, Pennsauken, NJ 08110; 856-486-1447, Fax 856-488-9641; Web site: www.formanmills.com. (continued on page eight)
This issue contains information on:
* Retailers operating 23,175 locations with plans to open 1,824 sites * Real estate valued in excess of $48 million to be bought, sold & financed * Leasing activity on over 4 million sq.ft. of retail properties
Important News Please Expedite
Postmaster: Periodical
Featuring Pre-Show ICSC Florida Conference New Construction Transwestern Retail preleasing center in TX........ Pg. 4 Buyers & Sellers Midland Atlantic is acquiring centers in the Midwest and southeastern states............... Pg. 5 Who’s Opening & Where Whole Foods Market lays out expansion plans into 2015.... Pg. 6 Yo!Sushi ventures into the U.S...................................... Pg. 6 Hurrican Grill & Wings to enter the GA market............ Pg. 6 Food-Related Chains Expand My Friends Place eyes the southeastern states for growth................................. Pg. 7 Making the News Velocity Retail Group launches Accelerated Development....................... Pg. 9 Lease Signings The Goldstein Group inks two deals with Harbor Freight Tools in NJ............... Pg. 9 Sources of Financing Grandbridge Capital closed loans in NC......................... Pg. 10 Exclusives Charter Realty reps Blink Fitness................................. Pg. 10 Lead Sheet World Class Footwear to enter GA.............................. Pg. 13 Ron Jon Surf Shop takes on TX and VA for growth.......... Pg. 14 Space Place......................... Pg. 15
For more news go to: www.dealmakers.net Mobile Access Code: preFL2012