Reporting The Nation’s Weekly News on Retailing & Retail Real Estate
Volume XXV No. XXX
August 13, 2010
Supermarket Chains Expand Nationwide Tops Markets, LLC trades as Tops Markets at 131 locations throughout central and western NY and northern PA. The neighborhood supermarkets, featuring meat, produce, deli, seafood, bakery and floral departments, as well as gasoline facilities in some locations, occupy spaces of 50,000 sq.ft. to 70,000 sq.ft. in power and strip centers. Limited growth opportunities are sought throughout central and western NY during the coming 18 months. A land area of more than six acres is required. For more information, contact Tom Fitzgerald, Tops Markets, LLC, PO Box 1027, Buffalo, NY 14240; 716-635-5130, Fax 716-635-5979; Email: tfitzgerald@topsmarkets.com; Web site: www.topsmarkets.com. Thompson Hospitality trades as Marvelous Market at 11 locations throughout VA and Washington, DC. The European markets and quick-service food stores occupy spaces of 1,000 sq.ft. to 2,000 sq.ft. in suburban areas. Plans call for three to five openings throughout the existing markets during the coming 18 months. Preferred cotenants include upscale retail and convenience stores. The company prefers to locate in areas with dense daytime traffic and affluent demographics. For more information, contact Shawn O’Quinn, Thompson Hospitality, 505 Huntmar Park Drive, Suite 350, Herndon, VA 20170; 703-964-5500, Fax 703-964-0199; Email: soquinn@thompsonhospitality.com; Web site: www.marvelousmarket.com.
Ronetco Supermarkets, Inc. trades as ShopRite at seven locations throughout NJ. The supermarkets occupy spaces of 65,000 sq.ft. to 75,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout northwestern NJ and northeastern PA during the coming 18 months. Typical leases run 25 years with options. A vanilla shell and specific improvements are required. Preferred cotenants include Home Depot and Target. Major competitors include A&P, Walmart, Stop & Shop and Pathmark. Preferred demographics include a population of 50,000 within three miles earning $60,000 as the average household income. A land area of 10 acres is required for freestanding locations. The company will consider acquiring sites. For more information, contact Vic Pocorobba, Ronetco Supermarkets, Inc., 1070 Route 46, Ledgewood, NJ 07852-9735; 973-927-8300 Ext. 330, Fax 973-927-4953. JTM Corp. trades as Piggly Wiggly at 19 locations throughout AL and GA. The supermarkets occupy spaces of 35,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. For more information, contact Keith Milligan, JTM Corp., 3745-C U.S. Highway 80 West, Phenix City, AL 36870; 334298-1974, Fax 334-298-5112; Web site: www.pigglywiggly.net. (continued on page eight)
This issue contains information on:
* Retailers operating 20,917 locations with plans to open 1,970 sites * Real estate valued in excess of $100.1 million to be bought, sold & financed * Leasing activity on over 10.5 million sq.ft. of retail properties
Important News Please Expedite
Postmaster: Periodical
Featuring Pre-Show ICSC Florida Conference New Construction Cousins Properties is preleasing a mixed-use project in Atlanta, GA........................................... Pg. 3 The Shopping Center Group, LLC is selling a strip center in Miami Gardens, FL................... Pg. 6 Openings Yogen Fruz USA, Inc. to open 30 locations throughout AL, LA and MI during the next several years......................................... Pg. 4 Pizza Patron, Inc. to open 16 locations throughout the Atlanta, GA metropolitan area................ Pg. 9 Buyers & Sellers Reichel Realty brokered the sale of a Winn-Dixie anchored center in FL.............................. Pg. 5 Sources of Financing Brighton Capital Corp. provides financing for mixed-use and retail properties nationwide...... Pg. 6 Food Retailers Expand Family Buffet, Inc. plans to enter into the CT, FL and MO markets Pg. 7 In the News Opus North Corp. hired Matt Rauenhorst as director of retail development and leasing.......... Pg. 8 Exclusives The McDevitt Co. represents Anthropologie with the chain’s expansion nationwide.............. Pg. 9 Lease Signings Mid-America Real Estate Group negotiated a deal with T.J. Maxx in McHenry, IL......................... Pg. 10 Lead Sheet Great Escape Theatres seeking locations east of the Rocky Mountains................................ Pg. 13 Mr. Alan’s Shoes & Sportswear, Inc. looks to open locations throughout FL........................... Pg. 14 Space Place.............................. Pg.16
For more news go to: www.dealmakers.net Mobile Access Code: prefl81310
Fraga Properties NOW LEASING PRIME RETAIL Plant City Crossing
Interstate-4 & Thonotosassa Rd 5 Mile Demographics: Pop: 60,595 Avg HH Income: $59,093 Traffic Count: 130,500 vpd Space Available from 1,300 SF Out Parcel Available
Tampa, FL
Center Highlights:
~ Superb tenant mix: Publix, McDonald’s, Starbucks, Subway, Dollar General, CATO, Blockbuster, H&R Block & many more ~ One of the busiest shopping centers in the area ~ Convenient and direct access to I-4, with only a 15 minute drive to Downtown Tampa
Sabal Palm Plaza
U.S. 1 & Virginia Ave 5 Mile Demographics: Pop: 64,597 Avg HH Income: $51,359 Traffic Count: 71,000 vpd Space Available from 900 SF
Fort Pierce, FL
Center Highlights:
~ Located at the SWC of Virginia Ave and US 1, one of Saint Lucie County’s busiest intersections ~ Strong tenant mix including Publix, Beall’s, Big Lots, Staples, Wendy’s, Bank of America, Dollar General & many more ~ Convenient and direct access to the Florida Turnpike and I-95
Shops of Doral
NW 107th Ave & NW 74th St 3 Mile Demographics: Pop: 43,723 Avg HH Income: $ 80,734 Space Available from 1,400 SF Out Parcel Available
Doral, FL
Center Highlights:
~ Anchored by CVS Pharmacy and Bank of America ~ Direct access to the new 74th St Florida Turnpike extension ramp; said to bring an additional 17,000 cars per day ~ Expected to mirror the most heavily traveled intersection in the city with a traffic count of approximately 50,000 vpd
Cutler Bay Towne Center US 1 & 112th Ave 5 Mile Demographics: Pop: 221,003 Avg HH Income: $56,584 Traffic Count: 145,200 vpd
Miami, FL
Center Highlights: ~ Publix-anchored center including 24 Hour Fitness, K&G Fashions, Party City, Home Ko & more ~ Across from the newly tenanted and renovated Southland Mall ~ Area Retailers: Home Depot, Target, DSW Shoes, Sears, Publix, Macy’s, K-Mart, Ross, Regal Cinemas, Starbucks, Mercedes Benz, Bally Total Fitness and many more
Fraga Properties
<>
305-667-1976
<>
www.FragaProperties.com
New Construction Michael Salove Co. is preleasing The Court at Grant, located at the intersection of Grant Avenue and Blue Grass Road in Philadelphia, PA. Giant and LA Fitness anchor the center. Cotenants include RadioShack, Popeye’s, Five Guys Famous Burgers and Fries, Salon Norman Dee, Vince’s Pizza, Blue Ribbon Cleaners and Island Tanning. For more information, contact Jason Bock, Michael Salove Co., 1700 Market Street, 17th Floor, Philadelphia, PA 19103; 215-568-2600 Ext. 21, Fax 215-568-2666; Email: jbock@salove.com; Web site: www.salove.com.
President/Publisher.............................. Ann O'Neal ann@dealmakers.net Vice President .................................. Alyson Parker alyson@dealmakers.net Art Director................................. Anthony Pingicer anthony@dealmakers.net Editor.................................................. Erin Dunkley erin@dealmakers.net Editor............................................... Adam Taliercio adamt@dealmakers.net Director of Circulation..................... Jane Winterle jane@dealmakers.net Founder..................................................... Ted Kraus 1979–2007
The Dealmakers TM (ISSN 1055-0771) is published weekly except for the weeks of January 1st, July 4th, the ICSC's Spring and Fall Conventions and December 25th for $294 per year U.S., foreign $319 by TKO Real Estate Advisory Group Inc. PO Box 2630 Mercerville, NJ 08690-0630. The Dealmakers TM reports on over 20,000 retailers, developers and management companies every year. It is written by real estate professionals for real estate professionals. The newsletter keeps readers abreast of the latest leasing, development and management changes occurring in the real estate industry on a weekly basis. NOTE: Current federal law requires written consent from a company prior to utilizing the published fax number. Share The Dealmakers with your organization or service for free. Just let us know when your next meeting is and we'll send you copies of our issue for free for your members to learn how to be a better dealmaker! TM
POSTMASTER: Send address changes to The Dealmakers, PO Box 2630 Mercerville, NJ 086900630 or 100 Youngs Road, Mercerville, NJ 08619. Periodical postage paid at Trenton, NJ and at additional mailing offices. Affiliated with Tenant Search, E.S.P., Properties by Fax Copyright 2010 by TKO Real Estate Advisory Group Inc. 609-587-6200, fax 609-587-3511.
Fameco Real Estate is preleasing Ellis Preserve Town Square, a 2.5 million sq.ft. mixed-use project located at the intersection of Route 3/West Chester Pike and Route 252 in Newtown Square, PA. The project features a 455,000 sq.ft. retail component, a hospitality component, a 1.5 million sq.ft. office component and a 400-unit multifamily component. Space is available. Area demographics include a population of 330,039 within seven miles earning $113,870 as the average household income. The company is also preleasing Teterboro Landing, a 425,000 sq.ft. power center located at the intersection of Route 46, Route 17 and Industrial Avenue in Teterboro, NJ. Anchor, junior anchor and shop spaces are available along with pad sites. Area retail includes Ashley Furniture Homestore, IHOP, Houlihan’s, Strauss Discount Auto, T.G.I. Friday’s and Wendy’s. Area demographics include a population of 2.027 million within a 16-minute drive time earning $78,417 as the average household income. For more information, contact Fameco Real Estate, 633 West Germantown Pike, Suite 200, Plymouth Meeting, PA 19462; 610-834-8000, Fax 610-8341793. For additional information regarding Teterboro Landing, contact Steven Winters, Michael Horne or Jeffrey Cohen, 555 U.S. Highway 1 South, Suite 400, Iselin, NJ 08830; 732-526-9100, Fax 732-526-9101; Emails: swinters@famecoretail.com, mhorne@famecoretail.com and jcohen@famecoretail.com. Schostak Brothers & Co. is preleasing the second phase of Wonderland Village, located in Livonia, MI. The company is also preleasing Madison Park, located at the intersection of M-59 and Adams Road in Rochester Hills, MI. Space is available. The company is also preleasing Salem Springs, a mixed-use center located in Salem Township, MI. For more information, contact Lars Anderson, Schostak Brothers & Co., 17800 Laurel Park Drive, Suite 200C, Livonia, MI 48152; 248-357-6242, Fax 248-262-1814; Email: anderson@schostak.com. Winstanley Enterprises, LLC is developing Elmwood Plaza, a supermarket-anchored project situated on 14 acres along Newington Road in the Elmwood area of West Hartford, CT. The center is slated to open during November or December. For more information, contact Winstanley Enterprises, LLC, 150 Baker Avenue Extension, Suite 303, Concord, MA 01742; 978-287-5000, Fax 978-2875050; Email: info@winent.com; Web site: www.winent.com. www.dealmakers.net
The
Harlem Irving Cos. is developing Kendall Marketplace, a 193-acre power center project located in Yorkville, IL. The project features an 800,000 sq.ft. retail component anchored by SuperTarget, Home Depot, Kohl’s, Dick’s Sporting Goods and Marshalls. Cotenants include AT&T Mobility, Hair Cuttery, Nova Nails, Famous Footwear, Kay Jewelers, Maurices, Dots, Ulta, Design 99 and PetSmart. Shop spaces are available along with outlots. Area demographics include a population within five miles earning $87,189 as the average household income. The average daily traffic count is 37,700 vehicles. The company is also developing Willowbrook Town Center, a 200,00 sq.ft. project situated on 24 acres at the intersection of IL Route 83 and Plainfield Road in Willowbrook, IL. The Sports Authority, Michaels, Staples and Bed Bath & Beyond anchor the center. Cotenants include Buffalo Wild Wings, Lassak Delicatessen, Bella Cosa Jewelers, Starbucks, Panera Bread, Pei Wei Asian Diner, National City Bank, Massage Luxe, Sport Clips, Magic Nail 2, Zoey’s, ATI, Portillo’s, Jamba Juice, T-Mobile and Chipotle. Shop spaces are available. Area demographics include a population of 92,000 within three miles earning $95,724 as the average household income. For more information, contact Harlem Irving Cos., 4104 North Harlem Avenue, Chicago, IL 60634; 773-625-3036, Fax 773-625-0056; Web site: www.harlemirving.com. KLNB Retail is preleasing King George Gateway, a 300,000 sq.ft. regional shopping center project located at the intersection of VA Route 301/Commerce Drive and University Drive in Dahlgren, VA. Walmart Supercenter will anchor the project. For more information, contact John Meyer, KLNB Retail, 100 West Road, Suite 505, Towson, MD 21204; 443632-2052, Fax 410-337-4967; Web site: www.klnbretail.com. Cousins Properties is preleasing Emory Point, a mixed-use project located along Clifton Road in Atlanta, GA. The center will feature an 80,000 sq.ft. retail component and a 450-unit multifamily component. Area draws include Emory University. The center is slated to open during fall 2012. For more information, contact Adam Schwegman, Cousins Properties; 191 Peachtree Street Northeast, Suite 3600, Atlanta, GA 30303-1740; 404407-1884, Fax 404-407-1002; Email: adamschwegman@cousinsproperties.com; Web sites: www.cousinsproperties.com and www.emory-point.com.
Dealmakers
(continued on page six) August 13, 2010
page 3
Who’s Opening and Where Trader Joe’s Co. (626-599-3700) plans to open a 12,200 sq.ft. Trader Joe’s grocery store along Mills Civic Parkway in West Des Moines, IA. The location will be the company’s first in the state, and will offer organic and specialty foods and beverages. The company currently operates 330 stores nationwide throughout 25 states. The store is slated to open by year’s end. CVS Caremark Corp. (877-265-7325) will open a 14,700 sq.ft. freestanding CVS pharmacy at Gateway Crossing, located along Highway 10 West in Dilworth, MN. The fullservice pharmacy, offering health and beauty products as well as general merchandise, photo processing and food items, is slated to open early next year. The company also plans to open a location at the intersection of Edgewood Road Southwest and 16th Avenue in Cedar Rapids, IA next year. Tim Horton’s (905-845-6511) plans to open a location in a former Motel 8 site at the intersection of Buckley Road and 7th North Street in Salina, NY. The coffee, breakfast and sandwich shop is slated to open by early fall, and will be the company’s 11th in the greater Syracuse, NY area.
CBRL Group, Inc. (615-444-5533) plans to open a Cracker Barrel restaurant on a three-acre parcel located along Interstate 65 in Hartselle, AL. The store is slated to open during February 2011. The company also plans to open a 10,101 sq.ft. restaurant situated on 3.4 acres at the intersection of Interstate 64 and Versailles Road in Franklin County, KY. The chain currently operates 594 locations nationwide throughout 41 states. Yogen Fruz USA, Inc. (905-479-8762), through a franchisee, plans to open 15 Yogen Fruz yogurt shops throughout LA during the next several years, as well as 15 locations throughout AL and MI during the next seven years. Planned openings include four locations throughout the Baton Rouge, LA area. The franchisee opened a shop in Denham Springs, LA during June; the company’s first in the state. The company currently operates 1,200 locations nationwide and internationally. Goodwill Columbus (614-294-5181) plans to open a Goodwill thrift store in Hilliard, OH, along with two locations during 2011 and one during 2012. The company currently operates four locations throughout OH.
Cinemark Holdings, Inc. (972-665-1000) will open a nine-screen Cinemark movie theater at The Stone Hill Town Center, located at the intersection of SH 130 and SH 45 in Pflugerville, TX. The theater is slated to open during May 2011. Nordstrom, Inc. (206-628-2111) is slated to open a 41,000 sq.ft. Nordstrom Rack store at Friendship Center, located along Wisconsin Avenue Northwest in Washington, DC. The store will join Loehmann’s, Borders and Maggiano’s Little Italy at the center, and is slated to open during spring 2011. The opening will be the company’s sixth in the greater Washington, DC metropolitan area. The company also plans to open a 35,000 sq.ft. Nordstrom Rack at Shops at Rivers Edge, a 111,000 sq.ft. center currently under redevelopment and located at the intersection of 82nd Street and Dean Road in Indianapolis, IN. The Container Store and buybuy Baby are also slated to open 22,000 sq.ft. and 26,000 sq.ft. locations, respectively, at the center. The company currently operates 193 stores nationwide throughout 28 states under the Nordstrom, Nordstrom Rack, Last Chance and Jeffrey trade names.
Nielsen Pop Quiz
WHICH RETAIL LOCATION HAS THE MOST REVENUE POTENTIAL?
WANT THE ANSWER? JUST ASK NIELSEN.™ Nielsen’s market and site analysis solutions can help you improve your location selection, market planning and customer targeting strategies. Visit www.nielsen.com or call 877-707-2385. © 2010 The Nielsen Company. 847/0410
Nielsen Claritas is now Nielsen page 4
August 13, 2010
The
Dealmakers
www.dealmakers.net
(continued on page nine)
Buyers and Sellers ECHO Retail is selling a 41,000 sq.ft. building situated on 8.4 acres at the intersection of Interstate 465 and West 38th Street in Eagle Creek, IN. Area retail includes Ruby Tuesday, Cracker Barrel, Home Depot, Target and T.G.I. Friday’s. Area demographics include a population of 589,843 within 10 miles earning $56,626 as the median household income. The average daily traffic count is 112,000 vehicles. The company is also selling two restaurant outlots of 4,000 sq.ft. at Susquehanna Square, located along Spring Street in Lock Haven, PA. Area demographics include a population of 35,520 within 10 miles earning $38,995 as the median household income. For more information regarding the Eagle Creek property, contact Christian Conville or Paul Gold, ECHO Retail, 11711 North Meridian Street, Suite 360, Carmel, IN 46032; 317-218-8102/8101; Emails: cconville@echoretail.com and pgold@echoretail.com; Web site: www.echoretail.com. For more information regarding the Lock Haven property, contact Brad Kelly, 701 Alpha Drive, Pittsburgh, PA 15238; 412-968-1659; Email: bkelly@echoretail.com; Web site: www.echoretail.com. Soloff Realty & Development, Inc. acquired a 7,000 sq.ft. freestanding Advance Auto situated on 1.52 acres at the intersection of Route 9/New Road and Ocean Heights Avenue in Somers Point, NJ. The company acquired the property from a private entity. For more information, contact Richard L. Soloff, Soloff Realty & Development, Inc.; 610-834-0400; Email: richard@soloffdevelopment.com. TM 1031 Exchange, Inc. is selling a Church’s Chicken located in Miami, FL. The asking price is $688,000 with a Cap rate of 8.5%. The company is also selling a 7-Eleven located in Pomona, CA. The asking price is $1 million with a Cap rate of 6.18%. The company is also selling a Sonic Drive-In located in San Antonio, TX. The asking price is $1.25 million with a Cap rate of 7.3%. The company is also selling a Key Bank located in Fishers, IN. The asking price is $1.453 million with a Cap rate of 7.25%. The company is also selling a Walgreens located in Queens, NY. The asking price is $10.833 million with a Cap rate of 6.8%. The company is also selling a grocery-anchored shopping center located in Brea, CA. The asking price is $15.5 million with a Cap rate of 8.52%. For more information, contact Tim Marshall, TM 1031 Exchange, Inc., 2218 Grand Canal, Venice, CA 90291; 877-4861031; Email: tim@tm1031exchange.com.
Hawkins Cos. is selling a 60,954 sq.ft. building with a 13,393 sq.ft. mezzanine space situated on 5.39 acres at the intersection of Valley Center Road and La Paz Road in Victorville, CA. Area retail includes Costco, Vons Food 4 Less, Big Lots and Jo-Ann Fabrics. Area demographics include a population of 360,265 within 20 miles earning $65,522 as the average household income. The average daily traffic count is 29,308 vehicles. The asking price is $5.995 million. The company is also selling a 4.12-acre parcel located at the intersection of Highway 217 and Canyon Road in Beaverton, OR. Area retail includes Kohl’s, Home Depot, Target, Fred Meyer, T.J. Maxx, Marshalls, Petco, Trader Joe’s, Bed Bath & Beyond and Michaels. Area demographics include a population of 332,964 within five miles earning $84,731 as the average household income. The average daily traffic count is 145,623 vehicles. The asking price is $3.995 million. For more information regarding the Victorville property, contact Ryan Manteuffel or Shaun Greear, Hawkins Cos., 855 Broad Street, Suite 300, Boise, ID 83702-7154; 480-289-2005 or 208-908-5520; Emails: ryanm@hcollc.com and sgreear@hcollc.com; Web site: www.hcollc.com. For more information regarding the Beaverton property, contact Shaun Greear or Bryan Vaughn; 208908-5522; Email: bvaughn@hcollc.com. Marcus & Millichap Real Estate Investment Services arranged the $2.1 million sale of a 32,065 sq.ft. former Circuit City situated on 6.31 acres at the intersection of Branch Avenue and Hillcrest Parkway in Temple Hills, MD. Beauty 4 U acquired the property from a private entity. The company represented the seller in the transaction. For more information, contact Peter Snell, Marcus & Millichap Real Estate Investment Services, 7200 Wisconsin Avenue, Suite 1101, Bethesda, MD 20814; 202-536-3793, Fax 202-536-3710; Email: peter.snell@marcusmillichap.com; Web site: www.marcusmillichap.com. BayBridge Real Estate Group, LLC is selling a portfolio of six properties totaling 18,485 sq.ft. situated on a land area of 34,118 sq.ft. along North Miami Avenue in the Wynwood area of Miami, FL. The average daily traffic count is 21,000 vehicles. For more information, contact Adam Greenberg or Michael Lapointe, BayBridge Real Estate Group, LLC, 200 South Biscayne Boulevard, 6th Floor, Miami, FL 33131; 305-377-2238, Fax 305-377-3919; Emails: agreenberg@baybridgere.com and mlapointe@baybridgere.com; Web site: www.baybridgere.com. www.dealmakers.net
The
Calkain Cos., Inc. is selling a Walgreens located in Oakland, MD. The tenant is bound to a 25-year, NNN lease set to expire during December 2034 and featuring options totaling 50 years. The NOI is $383,500. The asking price is $5.182 million. The company is also selling a Walgreens located in North Huntingdon, PA. The tenant is bound to a 25-year, NNN lease set to expire during December 2034 and featuring options totaling 50 years. The NOI is $426,000. The asking price is $5.756 million. For more information, contact Jeff Bogart, Calkain Cos., Inc.; 703-787-0687; Email: jbogart@calkain.com; Web site: www.calkain.com. Edge Real Estate Group negotiated the sale of a 0.43-acre parcel located in Heath, OH. CMD Acquisitions acquired the property from Walmart. The company represented the seller in the transaction. For more information, contact Melissa Ruther or Dan Sutton, Edge Real Estate Group, 8154 Montgomery Road, Suite 200, Cincinnati, OH 45236; 513-4893343, Fax 513-489-3352; Web site: www.edgegp.com. Reichel Realty negotiated the $1.5 million sale of Shawnee Plaza, an 80,000 sq.ft. center located in Kansas City, KS. At the time of sale, Dollar General and Apple Market anchored the center. The company represented the seller, Southport Mortgage, in the transaction. The company also arranged the $2.775 million sale of Oakbrook Plaza, a 110,000 sq.ft. center located in Ocala, FL. At the time of sale, Winn-Dixie and Family Dollar anchored the center. The company represented the seller, Four Florida Shopping Centers, in the transaction. For more information, contact Reichel Realty, 8845 North Military Trail, Suite 100, Palm Beach Gardens, FL 33410; 561478-4440, Fax 561-478-4442; Web site: www.reichelrealty.com. Wasa Properties is looking to acquire grocery-anchored shopping centers located throughout the greater Charlotte, NC area. Suitable properties feature occupancy rates between 60% and 90% and are priced above $2 million with a Cap rate between 8.5% and 12%. For more information, contact David Richt, Wasa Properties, 2286 Nostrand Avenue, Brooklyn, NY 11210; 718475-4741, Fax 718-838-1357; Email: dricht@wasaproperties.com. DM
Dealmakers
August 13, 2010
page 5
Sources of Financing BMC Capital provides financing for the acquisition and refinancing of net-leased retail properties. Notes are available in amounts from $500,000 to $1.5 million for terms of three, five or seven years, featuring interest rates between 5.5% and 7.25%, a maximum loan-to-value ratio of 75% and a 25-year amortization schedule. Notes are also available in amounts from $1.5 million to above $10 million for terms of three, five or seven years, featuring interest rates between 5.5% and 6.75%, a maximum loan-to-value ratio of 75% and a 25-year amortization schedule. Fore more information, contact Carl Esrey,
New Construction
BMC Capital; 214-526-7178; Web site: www.bmccapital.com. Brighton Capital Corp. provides financing for the acquisition, refinancing, repositioning, conversion, stabilization, build-out and construction of mixed-use and retail properties nationwide. Notes are available in amounts from $1 million to $25 million with terms of five or ten years, featuring a maximum loan-to-value ratio of 75% and a 25-year amortization schedule. For more information, contact Arthur Unger, Brighton Capital Corp., Fax 206-6005535; Email: au63@juno.com. DM
Prominent Anchor SPAce AvAilAble in nAPleS, fl
Immediate occupancy available at Granada Shoppes for 20-96,000 sq.ft. anchor space at key Naples intersection on Tamiami Trail with combined traffic count of 100,000 and Average Household Income of over $100,000 in a 3 mile radius.
locAtion
mAjor tenAntS Marshalls Haverty’s Pier 1 Imports Walgreens P.F. Chang’s Men’s Wearhouse Borders Sweet Tomatoes
courtelis company 703 Waterford Way, Ste 800 Miami, FL 33126 305.261.4330 Fax 305.261.4338 www.courtelis.com page 6
Southeast corner of Tamiami Trail N. (U.S. 41) and Immokalee Road, 3.5 miles west of the I-75 Interchange.
deScriPtion
Granada Shoppes is a 300,000 sq. ft. community shopping center serving the Naples and Bonita Springs markets. The immediate surrounding sub-market, North Naples, is the fastest-growing portion of Collier County. Granada Shoppes is a one-of-a-kind shopping and dining destination in Southwest Florida. demoGrAPhicS
1 mile
3 mile
5 mile
Population 2008
5,843
46,948
101,691
Population - 2013 Proj 6,214
54,296
119,151
Avg HH Income
$105,375
$102,045
$71,682
call rod castan at 305-261-4330 rcastan@courtelis.com
August 13, 2010
The
Dealmakers
www.dealmakers.net
(continued from page three)
Cedarwood Development, Inc., with Commercial Development Associates Southeast, is developing Easley Town Center, a power center located at the intersection of Calhoun Memorial Highway and Prince Perry Road in Western Greenville, SC. Space is available. Walmart will anchor the center. Area retail includes Lowe’s Home Improvement, Belk, Kmart, Winn-Dixie, Home Depot, Iggles, Publix, JCPenney and Hobby Lobby. Area demographics include a population of 209,510 within 10 miles earning $52,000 as the average household income. The average daily traffic count is 36,800 vehicles. The center is slated to open during spring 2011. For more information, contact Todd M. Burton, Cedarwood Development, Inc., 1765 Merriman Road, Akron, OH 44313; 330-869-2280, Fax 330-869-6365; Email: tburton@cedarwoodd.com; Web site: www.cedarwooddevelopment.com. The Shopping Center Group, LLC is preleasing Playa Plaza, a 12,000 sq.ft. strip center located at the intersection of Northwest 191st Street and Northwest 27th Avenue in Miami Gardens, FL. Spaces from 1,400 sq.ft. to 6,000 sq.ft. are available along with outlots of 1.08 acres and 1.36 acres. Walmart Supercenter shadowanchors the site. Area retail includes Office Depot, Wachovia and Pollo Tropical. Area demographics include a population of 1.449 million within 10 miles earning $48,970 as the average household income. The average daily traffic count is 48,500 vehicles. For more information, contact Maggie Reyes, The Shopping Center Group, LLC, 5201 Blue Lagoon Drive, Suite 550, Miami, FL 33126; 305-262-8877, Fax 305-262-7180; Email: maggier@theshoppingcentergroup.com; Web site: www.theshoppingcentergroup.com. Cardinale Enterprises is preleasing Barnegat Crossings, a 158,000 sq.ft. mixed-use center situated on nine acres at the intersection of Lighthouse Drive and West Bay Avenue in Barnegat, NJ. Spaces of 1,600 sq.ft. and 3,200 sq.ft. are available along with outlots of 3,325 sq.ft.; 3,600 sq.ft. and 5,438 sq.ft. Area demographics include a population of 40,000 within three miles earning $60,000 as the median household income. The asking rent is $20 psf with CAM of $5 psf. The center is slated to open next year. For more information, contact Danielle Wyant-Bilotti, Cardinale Enterprises, 46 Newman Springs Road East, Red Bank, NJ 07701; 732-747-7846, Fax 732-747-7848; Email: drw@cardinaleenterprises.com; Web D M site: www.cardinaleenterprises.com.
Food Retailers Expand Nationwide Denny’s, Inc. trades as Denny’s at 1,500 locations nationwide and internationally. The restaurants occupy spaces of 3,900 sq.ft. to 5,500 sq.ft. in freestanding locations and power and strip centers. Growth opportunities are sought nationwide during the coming 18 months. Typical leases run 20 years. The company prefers site submittals via email or the Web site. For more information, contact Kathy Lawson, Denny’s, Inc., 203 East Main Street, Spartanburg, SC 29319; 864-597-7223, Fax 864-597-7708; Email: klawson@dennys.com; Web site: www.dennys.com.
Chili’s operates 1,400 locations nationwide and internationally. The casual restaurants occupy spaces of 6,000 sq.ft. to 7,000 sq.ft. in freestanding locations and power centers. Limited growth opportunities are sought throughout northern CA during the coming 18 months, with representation by Retail West, Inc. The company is very site-selective. For more information, contact Scott Turner, Retail West, Inc., 1105 Battery Street, San Francisco, CA 94111; 415-292-2688, Fax 415775-1858; Email: sturner@retailwestinc.com; Web site: www.retailwestinc.com.
Twin Dragon operates three locations throughout CA and CO. The Chinese restaurants occupy spaces of 1,200 sq.ft. to 2,000 sq.ft. in endcaps of regional power centers. Growth opportunities are sought throughout Orange County, CA during the coming 18 months, with representation by Commercial West Brokerage. For more information, contact Phil Berry, Commercial West Brokerage, 2443 East Coast Highway, Corona Del Mar, CA 92625; 949-723-7300 Ext. 11, Fax 949-723-7301; Email: lcolletti@commercialwest.com; Web site: www.commercialwest.com.
Joe – The Art of Coffee operates five locations throughout Manhattan, NY. The upscale coffee shops occupy spaces of 600 sq.ft. to 1,200 sq.ft. in downtown areas. Growth opportunities are sought throughout the existing market during the coming 18 months, with a focus on the Upper East Side, with representation by BCD. Five Guys Famous Burgers and Fries operates 550 locations nationwide throughout 35 states. The restaurants occupy spaces of 1,200 sq.ft. to 2,000 sq.ft. in freestanding locations and endcaps and inline spaces of shopping centers. Growth
opportunities are sought throughout Manhattan, NY during the coming 18 months, with representation by BCD. For more information, contact Alexandra Turboff, BCD, 115 East 23rd Street, 6th Floor, New York, NY 10010; 212260-5210 Ext. 16, Fax 212-260-5211; Email: aturboff@bcdmail.com; Web site: www.bcdevelopment.com. Family Buffet, Inc. trades as Family Buffet at three locations throughout MA, NH and NY. The restaurants occupy spaces of 6,000 sq.ft. to 10,000 sq.ft. in freestanding locations and lifestyle, power and strip centers. Growth opportunities are sought throughout the existing markets, as well as CT, FL, MD and VA, during the coming 18 months. Typical leases run 15 years. Preferred cotenants include Barnes & Noble, Walmart and Olive Garden. Preferred demographics include a tradearea population earning $50,000 as the median household income. The company is franchising. For more information, contact Michelle Siu, Family Buffet, Inc., PO Box 3385, Concord, NH 03302; 603-568-5608, Fax 603-225-3835. DM
VISTA PALMS SHOPPING CENTER Narcoossee Rd/Lee Vista Blvd Orlando, Florida
• The Power Center of Southeast Orlando/Lake Nona Medical City • Major intersection between 2 Expressways: SR 417 (Greenway) and SR 528 (Beachline) • Four lane expansion of Narcoossee Road to be completed in 2010
DEMOGRAPHICS Population 2015 (Projection) 2010 (Estimate) Average HH Income 2015 (Projection) 2010 (Estimate) 1- Las Palmas Strip Retail Center 1,200- 7,800 SF Small Shop Space Outparcels 2-9 - Available Lots 10-11 - Jr. Anchor Pads Available
3 MILES
5 MILES
53,210 48,220
129,536 123,775
$56,910 $51,362
$57,967 $51,941
Join: 407-425-6623 | Sharon.Surless@sullivanpropertiesinc.com www.dealmakers.net
The
Dealmakers
August 13, 2010
page 7
Supermarket Chains Expand Nationwide (continued from page one)
Delhaize Group trades as Food Lion at 1,300 locations throughout DE, FL, GA, KY, MD, NC, PA, SC, TN, VA and WV. The supermarkets, featuring meat, seafood, produce, deli, bakery and wine departments, as well as offering organic items and a pharmacy, occupy spaces of 28,000 sq.ft. to 38,000 sq.ft. in power and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 20 years. A vanilla shell is required. Preferred cotenants include home improvement stores. A land area of 3.5 acres to 4.5 acres is required for freestanding locations. For more information, contact Shawn Beichler, Delhaize Group, 2110 Executive Drive, Salisbury, NC 28147; 704-633-8250, Fax 704-645-2017; Email: realestate@foodlion.com; Web site: www.foodlion.com. DeMoulas Supermarkets, Inc. trades as Market Basket at 65 locations throughout MA and NH. The supermarkets occupy spaces of 76,000 sq.ft. to 135,000 sq.ft. in freestanding locations, urban/downtown areas and outlet, power and specialty centers. Growth opportunities are sought throughout the existing markets, as well as ME and RI, during the coming 18 months, with representation by RMD, Inc. Typical leases run 40 years or up to 60 years for ground leases, and the company prefers new construction. Preferred cotenants include discount retailers, junior department stores, Kmart and Walmart. For more information, contact Michael Kettenbach, RMD, Inc., 881 East Street, Tewksbury, MA 01876; 978851-0200, Fax 978-851-4962; Email: mkettenbach@rmd-inc.net; Web site: www.rmd-inc.net. My Organic Market trades as MOM’S Organic Market at six locations throughout MD and VA. The supermarkets, offering organic foods, specialty products, natural supplements and beauty items, occupy spaces of 5,000 sq.ft. to 11,000 sq.ft. in freestanding locations, urban/downtown areas and specialty and strip centers. Growth opportunities are sought throughout the existing markets, as well as Washington, DC, during the coming 18 months. Major competitors include independent organic grocers. Preferred demographics include a population of 80,000 within five miles earning $75,000 as the average household income. For more information, contact Scott Nash, My Organic Market, 11711 B Parklawn Drive, Rockville, MD 20852; 301-8161133, Fax 301-816-3247; Web site: www.momsorganicmarket.com. page 8
August 13, 2010
The
J.H. Harvey Co. trades as Harvey’s at 69 locations throughout northern FL, GA and SC. The supermarkets occupy spaces of 30,000 sq.ft. to 40,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. For more information, contact Department of Real Estate, J.H. Harvey Co., PO Box 646, Nashville, GA 31639; 229-6867654, Fax 229-686-2927; Web site: www.harvey-supermarkets.com. B. Green & Co. trades as Cash and Carry, Harvest Fare and Food Depot at four locations throughout MD. The supermarkets occupy spaces of 25,000 sq.ft. to 100,000 sq.ft. in freestanding locations and power and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. For more information, contact Rick Rodgers, B. Green & Co., 1300 South Monroe Street, Baltimore, MD 21230; 410-783-7777, Fax 410-332-1604. Mal Enterprises, Inc. trades as Check Mart, Lawrence Bros. and Sav-A-Lot at 23 locations throughout NM and TX. The supermarkets occupy spaces of 22,500 sq.ft. in freestanding locations and strip centers. Limited growth opportunities are sought for the Lawrence Bros. concept throughout the existing markets during the coming 18 months. For more information, contact Tere Lawrence, Mal Enterprises, Inc., PO Box 8, Sweetwater, TX 79556-0008; 325-236-6351, Fax 325-236-6336. Randall’s Food Markets, Inc. trades as Randall’s Food and Drug and Tom Thumb at 112 locations throughout TX. The supermarkets occupy spaces of 59,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout Austin, Dallas and Houston, TX during the coming 18 months. For more information, contact David Hardin, Randall’s Food Markets, Inc., 3663 Briarpark Drive, Houston, TX 77042; 713268-3500, Fax 713-268-3601; Web site: D www.randalls.com. M
we want to market your projects! Get listed in the dealmakers magazine… for free!
Dealmakers
Submit your project information easily at www.dealmakers.net/FreePublicity.aspx www.dealmakers.net
Real Estate Professionals Making the News Grubb & Ellis Co. (925-274-2476) formed the East Bay Private Capital Markets Group. The group specializes in the acquisition and disposition of suburban office, retail, mixed-use and industrial properties in the East Bay, TriValley and Sacramento areas of northern CA. Thompson National Properties, LLC (877982-7846) hired Christopher Cameron as chief financial officer of the company’s Strategic Retail Trust. He will be responsible for daily financial functions and will also act as treasurer and secretary for the trust. Prior to joining the company, Cameron served as director of accounting and financial reporting at Cole Real Estate Investments, with a focus on financial tracking and reporting systems, external audit examinations and broker/ dealer due diligence reviews. The company is a REIT that invests in grocery- and drug store-anchored properties throughout the western U.S. Sequoia Realty Services (650-566-8660) hired Eliott Butler and Paul Lewis as leasing representatives out of the company’s Redwood City, CA headquarters. Butler will focus on leasing contracts and tenant transactions, and Lewis will focus on transaction and construction analysis, as well as the coordination of future development projects. The company is a full-service real estate firm with a portfolio of office, retail, industrial and residential properties, offering market analysis, sales, leasing, partnership collaboration and construction and property management services. Opus North Corp. (952-656-4444) hired Matt Rauenhorst as director of retail development and leasing. He will be responsible for the pursuit of new retail development opportunities, as well as supporting leasing activities for the company’s completed projects. Prior to joining the company, he served at Opus Northwest, the sister organization of Opus North. Rauenhorst also served at Frauenshuh Commercial Real Estate, where he focused on the acquisition and disposition of the company’s assets. KLNB Retail (202-375-7500) hired Michael Pratt and Jennifer Price. Both join the company from Madison Retail Group, where Pratt was a founding member and served as principal, and will operate out of the company’s Washington, DC office. Price joins the company as an associate. The company, a division of KLNB, LLC, is a fullservice brokerage firm specializing in the sale and leasing of retail projects, as well as tenant representation, throughout the midAtlantic region. DM
Who’s Opening and Where (continued from page four)
Pizza Patron, Inc. (972-613-8000), through a development agreement with Bosiba, LLC, plans to open 16 locations throughout the Atlanta, GA metropolitan area, including four openings planned for 2011, four during 2012 and five during 2013. The company recently opened a location through the agreement at the intersection of Buford Highway and Shallowford Road in Doraville, GA. The dine-in and carryout pizzerias, located in Latino neighborhoods, feature bilingual employees and accept Mexican pesos in addition to dollars. The company currently operates 99 restaurants throughout AZ, CA, CO, FL, NV and TX, and plans to operate 750 within ten years’ time. Lebeda Mattress Factory (800-594-9499) will open a 5,000 sq.ft. mattress store in a former USA Steak Buffet site at the intersection of 29th Street and Cornhusker Highway in Lincoln, NE. The store is slated to open during late October or early November. The company currently operates 18 stores throughout five states, offering mattresses as well as bedroom furniture, daybeds, futons, frames and bedding accessories.
hhgregg, Inc. (317-848-8710) plans to open seven hhgregg electronics stores throughout suburban MD and northern VA this year, including locations in Fairfax and Waldorf. The company also plans to open between 40 and 45 locations throughout the mid-Atlantic region of the U.S. during the 2011 fiscal year. The company currently operates 140 locations nationwide. Chick-fil-A, Inc. (404-765-8000) plans to open a Chick-fil-A restaurant along South LaGrange Road in Orland Park, IL. The restaurant is slated to open next month. The company also plans to open a restaurant along East Loop Road in Wheaton, IL during October. The company also plans to open a 4,500 sq.ft. location along East Golf Road in Schaumburg, IL during summer 2011. Stein Mart, Inc. (904-346-1500) will open a 28,000 sq.ft. Stein Mart location in a former Linens ‘N Things at Tempe Marketplace, located at the intersection of Rio Salado and McClintock Drive in Tempe, AZ. The store is slated to open during the fall.
Collins Family Markets (215-744-9500) plans to open an 85,000 sq.ft. ShopRite supermarket at Chesapeake Square Shopping Center, a 213,000 sq.ft. center located in Glen Burnie, MD. The store will anchor the center and is slated to open during the fall. Best Buy and Advance Auto are cotenants at the site. The supermarket will feature a bakery, fullservice butcher shop and seafood, floral and cheese departments as well as a catering and prepared foods section and a sushi bar. The company currently operates three ShopRite locations throughout PA. Wawa, Inc. (610-358-8000) is slated to open a Wawa convenience store at the intersection of New Road and Edwards Road in Parsippany, NJ. The opening will be the company’s first in Morris County, NJ. The company currently operates 570 locations throughout DE, MD, NJ, PA and VA. Rouses Enterprises (985-447-5998) is slated to open a 45,000 sq.ft. Rouses Market at the intersection of Barrone Street and Girod Street in New Orleans, LA. The store will be the company’s 38th location, and is slated to D open by late 2011. M
Exclusives and Leasing Assignments R.J. Brunelli & Co., Inc. (732-721-5800) represents the following retailers with their expansion plans: Belzano’s European Café, throughout central NJ, seeking spaces of 3,000 sq.ft. to 3,500 sq.ft.; CitiTrends, throughout NJ, utilizing sites of 11,000 sq.ft. to 15,000 sq.ft.; Houlihan’s, throughout NJ and Long Island, NY, seeking sites of 7,500 sq.ft. to 8,500 sq.ft.; Jersey Mike’s, throughout NJ, utilizing spaces of 1,400 sq.ft. to 1,800 sq.ft.; Joe Canal’s, throughout central and northern NJ, seeking spaces of 20,000 sq.ft. to 25,000 sq.ft.; Just Cabinets, throughout central NJ, using spaces of 16,000 sq.ft. to 20,000 sq.ft.; Kona Grill, throughout central and northern NJ, seeking sites of 7,500 sq.ft.; Massage Envy, throughout Hunterdon, Mercer, Middlesex, Monmouth, Ocean and Somerset counties in NJ, seeking sites of 2,500 sq.ft. to 3,500 sq.ft.; Play & Trade, throughout central and northern NJ, seeking sites of 1,200 sq.ft. to 1,600 sq.ft.; Red Robin, throughout central and northern NJ, utilizing spaces of 6,000 sq.ft. to 6,500 sq.ft.; Sally Beauty Supply, throughout central and northern NJ, seeking sites of 1,600 sq.ft. to 2,000 sq.ft.; Sport Clips, throughout central NJ, seeking spaces of 1,500 sq.ft.;
The Turning Point, throughout NJ, seeking sites of 3,500 sq.ft. to 4,500 sq.ft.; Toys “R” Us/Babies “R” Us, throughout central and northern NJ, using spaces of 30,000 sq.ft. to 64,000 sq.ft.; Trader Joe’s, throughout NJ, seeking sites of 10,000 sq.ft. to 12,000 sq.ft.; Tuesday Morning, throughout NJ, seeking spaces of 7,000 sq.ft. to 10,000 sq.ft.; Ulta, throughout central and northern NJ, seeking sites of 10,000 sq.ft.; Wolfgang Puck Bistro, throughout Monmouth County, NJ, seeking spaces of 2,500 sq.ft. to 3,500 sq.ft., and Work Out World, throughout NJ, utilizing sites of 25,000 sq.ft. to 50,000 sq.ft. The McDevitt Co. (215-665-0060) represents the following retailers with their expansion plans nationwide: Anthropologie, seeking spaces of 9,000 sq.ft. to 11,000 sq.ft. in lifestyle centers, malls and street fronts, as well as spaces of 2,200 sq.ft. to 2,800 sq.ft. for their Thisthat & Theother concept and spaces of 6,000 sq.ft. for the Anthropologie Wedding concept; Blu, seeking sites of 3,500 sq.ft. to 7,000 sq.ft. in lifestyle centers and malls; Free People, seeking sites of 1,500 sq.ft. to 2,000 sq.ft. in lifestyle centers, malls and street fronts; Harvest, utilizing www.dealmakers.net
The
spaces of 6,000 sq.ft. in lifestyle centers, malls and street fronts; James Perse, seeking spaces of 500 sq.ft. to 5,000 sq.ft. in street fronts; Kildare’s, seeking sites of 4,000 sq.ft. to 6,000 sq.ft. in street fronts near college campuses; Leifsdottir, utilizing sites of 2,200 sq.ft. to 2,800 sq.ft. in lifestyle centers, malls and street fronts; L’Occitane, seeking spaces of 500 sq.ft. to 800 sq.ft. in lifestyle centers, malls and street fronts; Melvita, seeking sites of 500 sq.ft. to 800 sq.ft. in lifestyle centers, malls and street fronts; Paper Source, seeking spaces of 2,400 sq.ft. to 3,000 sq.ft. in lifestyle centers, malls and street fronts; Terrain, utilizing spaces situated on 2.5 acres to five acres in major metropolitan areas, and Urban Outfitters, seeking spaces of 7,000 sq.ft. to 15,000 sq.ft. in lifestyle centers, malls and street fronts. CB Richard Ellis (407-404-5014) represents Chick-fil-A with the chain’s expansion throughout Altamonte Springs, Oviedo, Sanford and St. Cloud, FL, as well as the Orlando, FL airport area and along Highway 27 and Interstate 4 in Polk, FL. The restaurants are seeking parcels of 1.4 acres for purchase D or ground lease. M
Dealmakers
August 13, 2010
page 9
LOOKING FOR TENANTS? For 40+ Years We Have Generated Leasing Leads via Targeted Direct Mail
for shopping centers, office & medical bldgs.
ÒThe Worst Times Require The Best TalentÓ
Rolling Back Prices To 1978 Call Now! Over 40 Years Of Success
(800) 244-9066 www.tenantsbymail.com
STUART MAKLER & ASSOCIATES, INC. August 13, 2010
Mid-America Real Estate – Wisconsin, LLC (414-273-4600) negotiated the following leases throughout WI: with AT&T Wireless Logic for 1,739 sq.ft. at Burlington Retail Center, located along Milwaukee Avenue in Burlington; with Bella Kitchen & Bath for 1,786 sq.ft. at Autumn Grove Plaza, located along West Bluemound Road in Elm Grove; with The UPS Store for 2,019 sq.ft. at The Plaza Shopping Center, located along Bluemound Road in Brookfield; with Hollywood Nails for 3,550 sq.ft. at Green Bay Plaza, located along Military Avenue in Green Bay; with Arby’s for 4,141 sq.ft. at Silvernail Shopping Center, located along Silvernail Road in Pewaukee, and with The Willows Boutique & Home for 6,024 sq.ft. at Watertown Square, located in Watertown. The company represented the landlord in the transactions. Larken Associates (908-874-8686) negotiated the following leases at Allentown Commons, a 71,873 sq.ft. neighborhood shopping center located in Allentown, PA: with Everest Pharmacare for 1,156 sq.ft.; with Tropical Hut African-Caribbean Market and El Greco’s Pizza for 1,408 sq.ft.; with a day care center for 2,750 sq.ft.; with 7-Eleven for 3,275 sq.ft. and with Planet Fitness for 20,489 sq.ft. The tenants join Family Dollar, New Century Chinese Buffet and Philly Soft Pretzel Co. at the center. Brenner Real Estate Group (321-242-4575) negotiated a lease with The Gold & Silver Refinery for 948 sq.ft. at Suntree Plaza, located along North Wickham Road in Melbourne, FL. The company represented the landlord, St. Andrews-North, LLC, in the transaction. The company also negotiated a lease renewal with Evelyn & Arthur, Inc. for 2,475 sq.ft. at Royal Poinciana, located along North County Road in Palm Beach, FL. The company represented the landlord, Vesenaz, Inc., in the transaction.
ICSC Show 1978
page 10
Lease Signings
The
Centro Properties Group (212-869-3000) signed a lease with GNC for 1,450 sq.ft. at The Shoppes at Cinnaminson, located at the intersection of Route 130/Burlington Pike and Church Road/Cinnaminson Avenue in Cinnaminson, NJ. The company also signed a lease with State Farm Insurance for 1,546 sq.ft. at Prospect Plaza, located at the intersection of 64th Street and Antioch Road in Gladstone, MO. Regency Centers (904-598-7000) negotiated a lease with Zoup! for space at Lower Nazareth Commons, located along Dryland Way in Easton, PA. The tenant is slated to open during the fourth quarter of this year. Dealmakers
www.dealmakers.net
Metro Commercial Real Estate (856-8661900) negotiated the following leases with GameStop: for 1,950 sq.ft. at Douglas Town Center, located at the intersection of Route 100 and County Line Road in Boyertown, PA; for 2,000 sq.ft. at Plainsboro Plaza, located along Schalks Crossing Road in Plainsboro, NJ, and for 2,419 sq.ft. at Plymouth Square Shopping Center, located at the intersection of Ridge Pike and Butler Pike in Conshohocken, PA. Winick Realty Group (212-792-2600) negotiated a lease with Lamazou Cheese for 3,600 sq.ft. along Third Avenue between 25th Street and 26th Street in New York, NY. The company represented the tenant and the landlord in the transaction. The company also negotiated a 10-year lease with Financier Patisserie for 1,000 sq.ft. at the intersection of Astor Place and Broadway in New York, NY. The company represented the landlord in the transaction. Anchor Commercial|CORFAC International (843-277-4322) negotiated a lease with Photo Concepts, LLC for 1,300 sq.ft. at Bee’s Ferry Crossing, located along Ashley River Road in Charleston, SC. The company represented the landlord, Bee’s Ferry Shopping Center, LLC, in the transaction. Mid-America Real Estate Group (630-9547300) negotiated a lease with T.J. Maxx for space at The Shops at Fox River, located at the intersection of Route 31 and Running Brook Farm Boulevard in McHenry, IL. The tenant joins JCPenney, Dick’s Sporting Goods, Best Buy, Bed Bath & Beyond, Old Navy, Office Max and PetSmart at the center. ARC Properties, Inc. (973-249-1000) signed leases with Hackensack Supply for 23,000 sq.ft. and with Lazurit Furniture for space at a 150,000 sq.ft. center located along Route 17 South in Paramus, NJ. The tenants join Babies “R” Us and Ashley Home Furniture at the center. NAI Isaac (859-224-2000) negotiated a lease with Elite Martial Arts for 3,000 sq.ft. at Madison Trace Shopping Center, located along Atwood Drive in Richmond, KY. LaKritz-Weber & Co. (248-353-9494) negotiated a lease with Midwest Gold Buyers, Inc. for 1,200 sq.ft. along 7 Mile Road in Livonia, MI. The company represented the tenant in the transaction. UCR (210-979-9700) signed a lease with Massage Heights for space at Huebner Center, located along Huebner Road in San Antonio, TX. DM
Lead Sheet Bridgestone/Firestone, Inc. (Southeastern Zone) dba Firestone Ron Ricks 4219 Roswell Road, Suite A Marietta, GA 30062 770-321-4488, Fax 770-321-2240 Email: rricks@bfrc.com
Automotive The 2,000-unit chain operates locations nationwide. The automotive service centers occupy spaces of 7,500 sq.ft. to 8,100 sq.ft. in freestanding locations, urban/downtown areas, malls and power and strip centers. Growth opportunities are sought throughout the southeastern U.S. during the coming 18 months. Preferred demographics include a population of 50,000 within five miles earning $50,000 as the average household income.
Transamerican Worldwide, LLC dba Four Wheel Parts Performance Centers Bob Batsch 400 West Artesia Boulevard Compton, CA 90220 310-900-5500, Fax 310-747-3909 Web site: www.4wheelparts.com
Automotive The 55-unit chain operates locations throughout AZ, CA, CO, FL, GA, HI, IN, NC, NM, NV, OH, OK, OR, TN, TX, UT and WA. The shops, offering truck parts, occupy spaces of 10,000 sq.ft. in freestanding locations and specialty centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run five years with two, five-year options.
Tom Hovland Enterprises, Inc. dba NAPA Auto Parts Tom Hovland 3377 4th Street Southwest Mason City, IA 50401 641-423-7161, Fax 641-424-5121 Email: tomh@hovlandnapa.com Web site: www.napaautoparts.com
Automotive The 13-unit chain operates locations throughout IA, MN and WI. The automotive service centers occupy spaces of 5,000 sq.ft. to 10,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. The company prefers to acquire sites. A land area of one acre is required for freestanding locations.
Schiebout Tire, Inc. dba Heartland Car Care Steve Roozeboom 815 West 10th Street Pella, IA 50219 Email: sroozeboom@stctire.com Web site: www.stctire.com
Automotive The seven-unit chain operates locations throughout IA. The automotive service centers occupy spaces of 7,500 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing market during the coming 18 months. The company requires site submittals via email.
Ashland, Inc. dba Valvoline Instant Oil Change Greg Armbruster 3499 Blazer Parkway Lexington, KY 40509 800-327-8242, Fax 859-357-5377
Automotive The 850-unit chain operates locations nationwide. The automotive service centers occupy spaces of 1,900 sq.ft. to 2,500 sq.ft. in freestanding locations and pad sites of mixed-use and power centers. Growth opportunities are sought throughout the existing market during the coming 18 months. A land area of 0.33 acres is required for pad site locations.
Beckyâ&#x20AC;&#x2122;s Cards and Gifts, Inc. dba Beckyâ&#x20AC;&#x2122;s Hallmark shops Francis Norsworthy, Jr. 221 McLaws Circle Williamsburg, VA 23185 757-220-6772, Fax 757-259-0120 Email: fnorsw1@beckyshallmark.com
Cards The 20-unit chain operates locations throughout NC and VA. The card and gift shops occupy spaces of 3,000 sq.ft. to 6,000 sq.ft. in freestanding locations, regional malls, urban/downtown areas and lifestyle, power, specialty and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run five years with two, five-year options. A vanilla shell is required. Preferred cotenants include Target and grocery and department stores. Major competitors include Walmart and Walgreens. Preferred demographics include a population of 17,000 within three miles earning $50,000 as the average household income. A land area of 0.9 acres is required for freestanding locations.
www.dealmakers.net
The
Dealmakers
August 13, 2010
page 11
Lead Sheet Stinker Stores, Inc. dba Stinker Stores Charlie Jones 300 North Orchard Street Boise, ID 83706 208-375-0942, Fax 208-375-5715 Email: cjones@stinker.com Web site: www.stinker.com
Convenience The 50-unit chain operates locations throughout ID. The convenience stores, with gasoline facilities, occupy spaces of 2,000 sq.ft. to 5,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing market during the coming 18 months. Preferred cotenants include McDonald’s, Jack in the Box and other quick-serve restaurants. A land area of one acre to two acres is required.
7-Eleven, Inc. dba 7-Eleven James P. Bauer 1300 Lee Road Orlando, FL 32810 407-532-2060, Fax 407-532-1811 Web site: www.7-11.com
Convenience The 8,100-unit chain operates locations nationwide and throughout Canada. The convenience stores occupy spaces of 1,800 sq.ft. to 3,200 sq.ft. in downtown areas, freestanding locations and strip centers. Growth opportunities are sought throughout FL during the coming 18 months. The company will consider ground leases and acquiring sites.
Go-Mart, Inc. dba Go-Mart David Heater 915 Riverside Drive Gassaway, WV 26624 304-364-8000, Fax 304-364-4690
Convenience The 103-unit chain operates locations throughout KY, OH, VA and WV. The convenience stores occupy spaces of 2,500 sq.ft. to 2,800 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. A land area of 1.5 acres to two acres is required.
Mac’s Curb Stores, Inc. dba Mac’s Mini-Mart Billy Carmichael PO Box 66 Laurel, MS 39441 601-428-8440, Fax 601-428-8445
Convenience The five-unit chain operates locations throughout MS. The convenience stores occupy spaces of 3,000 sq.ft. to 4,000 sq.ft. in freestanding locations. Limited growth opportunities are sought throughout the existing market during the coming 18 months. The company prefers to acquire sites.
Essentials Plus and Essentials Stephanie Greco c/o Greco Sackeim Realty Group 39 Park Place Englewood, NJ 07631 201-567-0477, Fax 201-567-7770 Email: stephanie@iobase.com Web site: www.grecosackeimrealty.com
Cosmetics The 12-unit chain operates locations throughout NJ and NY. The stores, offering professional and nationally-branded beauty products, as well as hair care and health items, occupy spaces of 1,200 sq.ft. to 1,500 sq.ft. for Essentials locations and 2,500 sq.ft. to 3,000 sq.ft. for Essentials Plus locations in malls. Limited growth opportunities are sought throughout the existing markets during the coming 18 months, with representation by Greco Sackeim Realty Group. Typical leases run 10 years. A vanilla shell and specific improvements are preferred. Preferred demographics include a population of one million within 10 miles earning $80,000 as the average household income. The company is very site-selective.
Dollar City Jeff Gelberman c/o National Real Estate Brokerage, Inc. 6001 Montrose Road, Suite 310 Rockville, MD 20852 301-770-8585 Ext. 112, Fax 301-770-8591 Email: jeff@nreb.net Web site: www.nreb.net
Discount The seven-unit chain operates locations throughout MD and northern VA. The discount stores occupy spaces of 3,000 sq.ft. to 13,000 sq.ft. in malls, urban/downtown areas and power, specialty and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months, with representation by National Real Estate Brokerage, Inc. The company is site-selective and prefers to locate in grocery-anchored centers.
page 12
August 13, 2010
The
Dealmakers
www.dealmakers.net
Lead Sheet Great Escape Theatres Anne Ragains c/o Aliance Management 300 Professional Court, Suite 200 New Albany, IN 47150 812-945-4006, Fax 812-945-4076 Email: aragains@alianceent.com Web site: www.greatescapetheatres.com
Entertainment The 26-unit chain operates locations throughout GA, IL, IN, KY, MO, NE, OH, PA, SC, TN and WV. The movie theaters occupy spaces of 40,000 sq.ft. to 80,000 sq.ft. in malls and entertainment, lifestyle and power centers. Growth opportunities are sought east of the Rocky Mountains during the coming 18 months, with representation by Aliance Management. Typical leases run 15 to 20 years with options. Major competitors include AMC Theaters, Regal Cinemas and Cinemark. Preferred demographics include a population of 150,000 within 10 miles earning $70,000 as the average household income.
Monkey Joeâ&#x20AC;&#x2122;s Stanton Brown c/o Michael Salove Co. 1700 Market Street, 17th Floor Philadelphia, PA 19103 215-568-2600 Ext. 12, Fax 215-568-2666 Email: sbrown@salove.com Web site: www.salove.com
Fitness The 30-unit chain operates locations throughout FL, GA, MA, MO, NC, PA, SC and WI. The interactive, indoor party and play centers for children ages two to 12 occupy spaces of 12,000 sq.ft. to 16,000 sq.ft. in strip centers. Growth opportunities are sought throughout the Philadelphia, PA metropolitan area during the coming 18 months, with representation by Michael Salove Co. The company will also consider flex spaces.
Chiro One Wellness Centers Dean Vlahos c/o Newmark Knight Frank One East Wacker Drive, Suite 3500 Chicago, IL 60601 312-386-3140 Email: dvlahos@newmarkkf.com Web site: www.newmarkkf.com
Health The 45-unit chain operates locations throughout IL and KY. The wellness centers, offering chiropractic care, spinal cord and column rehabilitation; exercise, nutrition and diet evaluation, as well as seminars and lectures on health-related topics, occupy spaces of 2,000 sq.ft. to 2,500 sq.ft. in endcaps of lifestyle, mixed-use, power, specialty and strip centers. Growth opportunities are sought throughout the Chicago, IL suburban area during the coming 18 months, with representation by Newmark Knight Frank. A tenant improvement allowance is required, and the company prefers to locate in second-generation spaces.
Na Hoku, Inc. dba Na Hoku and Pearl Factory Steve Bookatz 3049 Ualena Street, 12th Floor Honolulu, HI 96819 808-833-7772, Fax 808-837-1358 Web sites: www.nahoku.com and www.pearl-factory.com
Jewelry The 60-unit chain operates locations throughout CA, CO, FL, HI, IL, MA, NV, OR, PA, TX, VA and WA. The jewelry stores occupy spaces of 1,000 sq.ft. to 1,500 sq.ft. in tourist and community shopping centers. Growth opportunities are sought throughout the existing markets during the coming 18 months.
Black Photo Corp. dba Blacks and Astral Bruce Van Allen 371 Gough Road Markham, Ontario, Canada L3R 4B6 905-475-2777, Fax 905-475-2720 Email: bvanallen@blackphoto.ca Web site: www.blackphoto.com
Photo The 120-unit chain operates locations throughout Canada. The shops, offering cameras, frames and accessories, as well as film developing services, occupy spaces of 1,100 sq.ft. to 1,700 sq.ft. in malls and power and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run five to seven years. A vanilla shell and specific improvements are required. Major competitors include Best Buy and Walmart. Preferred demographics include a population of 100,000 within four miles earning $85,000 as the average household income.
Goinâ&#x20AC;&#x2122; Postal Mark Camara c/o APE Realty, Inc. 4491 West Whitewater Avenue Weston, FL 33332 Email: mcamara@aperealty.com Web site: www.aperealty.com
Service The 250-unit chain operates locations nationwide. The stores, offering shipping supplies and services as well as copying, faxing, mailbox rentals, business cards, gift items and office supplies, occupy spaces of 1,200 sq.ft. to 1,400 sq.ft. in downtown areas and entertainment, outlet, specialty, strip and value centers. Plans call for 65 openings throughout the existing market during the coming 18 months, with representation by APE Realty, Inc. The company requires site submittals via email.
www.dealmakers.net
The
Dealmakers
August 13, 2010
page 13
Lead Sheet Mr. Alanâ&#x20AC;&#x2122;s Shoes & Sportswear, Inc. dba Mr. Alanâ&#x20AC;&#x2122;s Shoes & Sportswear and Soles, Inc. Alan Bishop 14177 Telegraph Road Redford, MI 48239 313-387-4000, Fax 313-387-4090 Email: lizk@mralans.com Web site: www.mralans.com
Shoes The nine-unit chain operates locations throughout MI and FL. The stores, offering apparel and footwear for men, women and children, occupy spaces of 10,000 sq.ft. in freestanding locations and urban/downtown areas. Growth opportunities are sought throughout FL during the coming 18 months. A vanilla shell is required. Preferred demographics include a population of 150,000 within five miles earning $30,000 as the average household income.
Sign Biz, Inc. dba Sign Biz Paul Strauch 24681 La Plaza Drive, Suite 270 Dana Point, CA 92629 949-234-0408, Fax 949-234-0426 Email: pauls@signbiz.com Web site: www.signbiz.com
Signs The 189-unit chain operates locations nationwide and throughout Mexico, Canada, Korea and the Bahamas. The stores, offering computer-aided sign making, vinyl signs and banners and full-service signage through a national vendor program, occupy spaces of 1,500 sq.ft. to 2,500 sq.ft. in urban/downtown areas and strip centers. Growth opportunities are sought throughout major metropolitan areas nationwide during the coming 18 months. Typical leases run five years. Preferred cotenants include office supply stores, copy centers and business and product service providers.
Premiere Tan dba Palm Beach Tan Chris Birdsong 2941C Zelda Road Montgomery, AL 36106 334-271-5757 Ext. 205, Fax 334-271-5702
Specialty The 18-unit chain operates locations throughout AL. The tanning salons occupy spaces of 2,800 sq.ft. to 3,200 sq.ft. in strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run five years. Preferred cotenants include Target, T.J. Maxx and grocery stores. Preferred demographics include a population of 50,000 within five miles earning $50,000 as the average household income.
Chicago Costume Co. Robert E. Thomas c/o Jameson Real Estate, LLC 425 West North Avenue Chicago, IL 60610 312-335-3246, Fax 312-335-0886 Email: rthomas@jameson.com Web site: www.chicagocostume.com
Specialty The two-unit chain operates locations throughout the Chicago, IL metropolitan area. The costume shops occupy spaces of 2,000 sq.ft. to 10,000 sq.ft. in mixed-use centers and store fronts. Seasonal locations with leases from mid-August to mid-November are sought throughout select markets of Chicago, IL during the coming 18 months, with representation by Jameson Real Estate, LLC.
The Vitamin Shoppe Corey Bialow c/o Bialow Real Estate 200 Highland Avenue, Suite 401 Needham, MA 02494 781-444-2316, Fax 781-444-2317 Email: cbialow@bialow.com Web sites: www.vitaminshoppe.com and www.bialow.com
Vitamins The 405-unit chain operates locations nationwide. The stores, offering vitamins, minerals and nutritional supplements, occupy spaces of 3,500 sq.ft. to 4,000 sq.ft. in freestanding locations and pad sites and endcaps of shopping centers. Plans call for 60 openings throughout the existing market during the coming 18 months.
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 13, 2010
The
Dealmakers
www.dealmakers.net
Published by and for leasing agents, brokers and owners of retail real estate, TenantSearch tells you:
• Who’s in charge of the tenant’s real estate for your market, and how to reach them • Where the chain is seeking new store locations, and its existing markets • What the retailer’s space, property type, demographic, co-tenancy and lease requirements are
Test drive TenantSearch at
WWW.TENaNTSEaRch.cOm or Call 1.800.732.5856 for a co-pilot to walk you through a CD-Rom demo or to give you an online demo
Got space? Find your missing tenant.
Over 6,000 retail chains are listed in the national edition ORDER NOW!
QUESTIONS.... Email: ann@dealmakers.net or Call: 800-732-5856
Fax your order to: (609-587-3511)
Contact/Ship to: (Tenant Search is shipped via UPS ground at no charge)
Mail your order to: PO Box 2630 Mercerville, NJ 08690
Name __________________________________________________
National Edition (approx. 7,000 leads)
Company _______________________________________________
$589 (CD-ROM) $369 (Online) $689 (Online & CD-ROM)
Street ___________________________________________________ City ____________________________________________________
Regional Edition (approx. 2,500 leads per region)
Phone __________________________________________________
West Midstates East South $379 (CD-ROM) $289 (Online) $479 (Online & CD-ROM)
Credit Card
Visa Mastercard American Express
Card #: ________________ Exp. Date: ______ Sec. Code: ______
Online Access, please provide Email address: _____________________________ Password (minimum 4 characters, case-sensitive): __________________________
Signature: _______________________________________________ Cardholder Name: _________________________________________
Available by regions (East, West, South, & Midstates) Available both on-line and on CD
Daily e-mail alerts Updated Daily
Downloadable Reports Accurate Information
FO
R LE
AS
E
FOR
FOR
E
LEAS
E
LEAS
FOR LEASE
Space Place Arizona
California
Connecticut
Sahuarita – Madera Marketplace, located at the intersection of Interstate 19 and Nogales Highway, has pad sites available of 25,000 sq.ft.; 26,000 sq.ft. and 122,500 sq.ft. Walmart Supercenter anchors the center and cotenants include Walgreens, Bank of America, Wells Fargo, Carl’s Jr. and Fletcher’s Tire & Auto. Area demographics include a population of 53,868 within 10 miles earning $62,940 as the average household income. The average daily traffic count is 47,300 vehicles. For details, contact Dave Hammack or Brenna Lacey, Volk Co. Commercial Real Estate, 2730 East Broadway, Suite 200, Tucson, AZ 85716; 520-326-3200, Fax 520327-7906; Emails: dhammack@volkco.com and brennalacey@volkco.com.
Tractor Supply Co., JCPenney and Los Banos Plaza. Area demographics include a population of 40,689 within 10 miles earning 54,572 as the median household income. The average daily traffic count is 29,000 vehicles. The asking rent is $13 psf. Upland – A divisible space of 64,924 sq.ft. located along East Foothill Boulevard is available for sublease. Area demographics include a population of 605,582 within seven miles earning $61,275 as the average household income. The average daily traffic count is 28,000 vehicles. Vallejo – A divisible 126,155 sq.ft. former Walmart situated on a land area of 12 acres at the intersection of Highway 29 and Meadows Road is available. Area retail includes Food 4 Less and Napa Crossings, featuring Walmart Supercenter. Area demographics include a population of 152,354 within 10 miles earning $67,774 as the average household income. The average daily traffic count is 32,000 vehicles. The asking rent is $11 psf. For details regarding the Los Banos and Vallejo properties, contact Laura Tinetti, SRS Real Estate Partners, 301 Howard Street, Suite 900, San Francisco, CA 94105; 415-908-4937, Fax 415-908-4935; Email: laura.tinetti@srsre.com; Web site: www.srsre.com. For details regarding the Upland property, contact Derek Fitch, Jeff Straka or Scott Riddles, SRS Real Estate Partners, 610 Newport Center Drive, Suite 400, Newport Beach, CA 92660; 949-698-1101/1103/1110; Emails: derek.fitch@srsre.com, jeff.straka@srsre.com and scott.riddles@srsre.com; Web site: www.srsre.com.
CVS, Starbucks, Walgreens, Dairy Queen, Carvel Ice Cream & Bakery and AutoZone. Area demographics include a population of 224,958 within five miles earning $71,370 as the average household income. The average daily traffic count is 20,600 vehicles. The asking rent is $18 psf NNN. For details, contact Mark Brockwell, MJB Real Estate Services Corp., 735 Boston Post Road East, Westport, CT 06880; 203-2226200 Ext. 11, Fax 203-222-6202; Email: mjbrockwell@mjbcorp.com; Web site: www.mjbcorp.com.
California Encino – A 4,240 sq.ft. space located along Ventura Boulevard is available. Area retail includes Michaels, Chili’s, Verizon Wireless, Yogurtland, Big 5, The Habit Burger Grill, Daphne’s Greek Café, Subway, Starbucks, Coffee Bean & Tea Leaf and Chase Bank. Area demographics include a population of 434,917 within five miles earning $83,298 as the average household income. Woodland Hills – A center located along Owensmouth Avenue has a space of 1,265 sq.ft. available, along with a divisible space of 10,821 sq.ft. Cotenants include Performance Bike, Guitar Center, Nordstrom Rack, Golfsmith and Staples. Area retail includes Best Buy, Crate & Barrel, Bevmo, Bed Bath & Beyond and The Sports Authority. Area demographics include a population of 397,822 within five miles earning $90,814 as the average household income. For details regarding the Encino property, contact Todd Nathanson or Greg Offsay, illi Commercial Real Estate, 17547 Ventura Boulevard, Suite 304, Encino, CA 91316; 818-501-2212 Ext. 101/104; Emails: todd@illicre.com and greg@illicre.com. Web site: www.illicre.com. For details regarding the Woodland Hills property, contact Todd Nathanson, Eli Shtrum or Jeffrey Shore; Ext. 109/105; Emails: eli@illicre.com and jeffrey@illicre.com. Los Banos – Stone Creek Plaza, a 350,000 sq.ft. power center situated on 2.67 acres at the intersection of Highway 152 and Ortigalita Road, has spaces available of 10,000 sq.ft. to 35,000 sq.ft. Target and Lowe’s Home Improvement anchor the center. Cotenants include Petco, Famous Footwear, rue21 and Fashion Bug. Area retail includes Walmart, page 16
August 13, 2010
The
Connecticut New Britain – Jasko Plaza, an 11,398 sq.ft. strip center located along South Main Street, has a 1,488 sq.ft. endcap and a 3,000 sq.ft. freestanding building available. Cotenants include State Farm Insurance, Fatherland Restaurant and Salon Alexander. Area retail includes Webster Bank. Area demographics include a population of 272,418 within seven miles earning $62,281 as the average household income. For details, contact Adam Moore, Charter Realty & Development Corp., 183 Main Street, Westport, CT 06880; Email: adam@chartweb.com; Web site: www.chartweb.com. Stratford – A center located along Barnum Avenue has spaces of 1,388 sq.ft. and 2,000 sq.ft. available. Cotenants include H&R Block and Subway. Area retail includes
Dealmakers
www.dealmakers.net
Florida Boca Raton – Teeca Plaza, a 22,589 sq.ft. neighborhood shopping center located along Yamato Road, has space available. Cotenants include Four Points Market, Shoe Doctor, Sushi Rock, Jersey Subs and Chef Tai’s Restaurant. Area demographics include a population of 50,647 within three miles earning $102,633 as the average household income. The average daily traffic count is 61,370 vehicles. The asking rent ranges from $16 psf to $23 psf NNN with CAM of $8.14 psf. Tamarac – A 93,000 sq.ft. center located along North University Drive has a 33,600 sq.ft. anchor space available. The average daily traffic count is 55,000 vehicles. The asking rent is $10 psf NNN. For details, contact Timothy Neal, Neal Realty & Investments, 3300 North Federal Highway, Suite 250, Ft. Lauderdale, FL 33306; 954-568-0530; Email: tim@nealrealty.net; Web site: www.nealrealty.net. Estero – Broadway Shoppes, a 20,000 sq.ft. strip center located at the intersection of U.S. Highway 41 and Broadway Avenue, has spaces available of 1,057 sq.ft.; 1,580 sq.ft. and 1,694 sq.ft. Rick Johnson’s Auto and Tire anchors the center. Area retail includes Target, Best Buy and Pet Supermarket. Area demographics include a population of 223,968 within 10 miles earning $55,849 as the average household income. The average daily traffic count is 40,500 vehicles. The asking rent is $9 psf with CAM of $3.50 psf. Port Charlotte – Heritage Plaza, an 18,880 sq.ft. power center located at the intersection of Tamiami Trail and Veterans Parkway, has spaces available of 1,500 sq.ft.; 3,000 sq.ft. and 6,200 sq.ft. Pier 1 Imports, Best Buy and Bed Bath & Beyond anchor the center. Cotenants include T.G.I. Friday’s and Marshalls. Area demographics include a population of 182,658 within 10 miles earning 49,504 as the average household income. The average daily traffic count is
Space Place
FO
R LE
AS
E
FOR
FOR
E
LEAS
E
LEAS
FOR LEASE
Florida
Georgia
Illinois
18,400 vehicles. The asking rent is $22 psf with CAM of $2.52 psf. For details regarding Broadway Shoppes, contact Chuck Smith, Grubb & Ellis|1st Commercial, 13850 Treeline Avenue South, Suite 4, Ft. Myers, FL 33913; 239-826-3337, Fax 239-839-7798; Email: chuck.smith@grubb-ellis.com. For details regarding Heritage Plaza, contact Carlos Acosta, 239-923-0115; Email: carlos.acosta@grubb-ellis.com.
intersection of Oak Grove Road and GA Highway 78, has space available. Lowe’s Home Improvement, Dick’s Sporting Goods, Best Buy, OfficeMax and PetSmart anchor the center. Area retail includes Walmart Supercenter, Home Depot and Publix. Area demographics include a population of 155,774 within seven miles earning $78,924 as the average household income. Winder – Barrow Crossing, a 500,000 sq.ft. regional power center located at the intersection of GA 316 and Highway 81, has space available along with junior anchor and restaurant space and outlots. Target, Publix, Belk, Staples, and PetSmart anchor the center. Area demographics include a population of 162,591 within 10 miles earning $69,605 as the average household income. For details, contact Rob Morris, Faison, One Concourse Parkway, Suite 180, Atlanta, GA 30328; 678-527-2195, Fax 770-3520208; Email: rob.morris@faison.com; Web site: www.faison.com.
One Trans Am Plaza, Suite 310, Oakbrook Terrace, IL 60181; 630-620-1500, Fax 630620-1501; Web site: www.mideq.com.
Palm City – Spaces of 1,200 sq.ft. and 1,680 sq.ft. located along Southwest Martin Highway are available. The asking rent is $24 psf with CAM of $6.42 psf. For details, contact Ashley Thornburg, Crossman & Co., 3333 South Orange Avenue, Orlando, FL 32806; 305-726-8431; Email: athornburg@crossmanco.com; Web site: www.crossmanco.com. Palm Harbor – The Fountains Shopping Plaza, a strip center situated on a land area of 83,000 sq.ft. along U.S. Highway 19 North between Nebraska Avenue and Alderman Road, has spaces available of 4,948 sq.ft. and 10,000 sq.ft. Cotenants include Massage Envy, Ideal Image, CitiFinancial, Edward Jones, Sylvan Learning Center and Arthur Murray Dance Studio. Area retail includes Walmart Supercenter, Publix, Republic Bank and Starbucks. Area demographics include a population of 155,205 within five miles earning $61,432 as the average household income. The average daily traffic count is 81,500 vehicles. For details, contact Lisa Rapp, Golan Realty, Inc., 34824 U.S. Highway 19 North, Palm Harbor, FL 34684; 727-787-6173; Email: lisa@golanrealty.com; Web site: www.golanrealty.com. Parkland – Waterways Shoppes at Heron Bay, located along Coral Ridge Drive, has spaces available of 1,152 sq.ft. to 1,366 sq.ft. Area retail includes Publix and Walmart. Pembroke Pines – A center located along Pines Boulevard has an 8,000 sq.ft. junior anchor space available. Cotenants include 24 Hour Fitness, Blockbuster Video and Chuck E. Cheese’s. For details, contact Ross Realty Investments, Inc., 3325 South University Drive, Suite 210, Davie, FL 33328; 954-4525000 Ext. 220; Email: info@ross-realty.com.
Georgia Loganville – North Logan Commons, a 360,000 sq.ft. power center located at the
Illinois Addison – A two-level space totaling 16,000 sq.ft. located along Rohlwing Avenue is available. Area retail includes Sam’s Club, Walmart, Best Buy and Club Fitness. For details, contact Gwen Callans, Atlas Partners Commercial Brokerage, LLC, 55 East Monroe Street, Suite 2910, Chicago, IL 60603; 312-516-5705; Email: gwen@atlaspartners.com; Web site: www.atlaspartners.com. Chicago – A 20,000 sq.ft. space is available for sub-lease. Lake in the Hills – A center located along Randall Road has a divisible space of 10,000 sq.ft. available. Dominick’s anchors the center. Wauconda – A center located at the intersection of Rt. 12 and Rt. 176 has a divisible space of 5,057 sq.ft. available. For details regarding the Chicago property, contact Robert Melsher, Zifkin Realty Group, LLC, 560 West Washington Boulevard, Suite 330, Chicago, IL 60661; 312-624-7760. For details regarding the Lake in the Hills property, contact Sarah Moberg, 312-6247784. For details regarding the Wauconda property, contact Jennifer Kaufmann, 312624-7748. Glen Ellyn – Butterfield Plaza, a 19,500 sq.ft. center located at the intersection of Route 56/Butterfield Road and Park Boulevard, has a 1,000 sq.ft. space available. The average daily traffic count is 50,000 vehicles. For details, contact Midland Equitities, www.dealmakers.net
The
Park Ridge – A center located at the intersection of Touhy Avenue and Northwest Highway has space available. Cotenants include Trader Joe’s, Houlihan’s, Chico’s, Lenscrafters Optique, Jos. A. Bank, Kriser’s, Noodles & Co., Indira Salon & Spa and Jason’s Deli. For details, contact Kitsy Ritter or Marget Graham, Mid-America Real Estate Group, 630-954-7220/7307; Emails: kitsyr@midamericagrp.com and mgraham@midamericagrp.com.
Indiana Terre Haute – Spaces of 10,125 sq.ft. and 50,000 sq.ft., and a divisible space of 71,000 sq.ft. located along South U.S. Highway 41 are available. Area demographics include a population of 509,679 within 50 miles earning $51,808 as the average household income. The average daily traffic count is 34,320 vehicles. For details, contact Regency Properties, 330 Cross Pointe Boulevard, Evansville, IN 477154027; Email: regency@regency-prop.com; Web site: www.regency-prop.com.
Louisiana Chalmette – Paris Square Shopping Center, a 32,000 sq.ft. strip center located along East Solidelle Street, has spaces available of 4,000 sq.ft.; 7,220 sq.ft. and 10,000 sq.ft. Cotenants include Dollar General. Area demographics include a population of 42,000 within five miles. For details, contact Marcus Buring, Sizeler Realty Co., Inc., 1750 Clearview Parkway, Suite 200, Metairie, LA 70001; 504-471-6290, Fax 504-471-6245; Email: mech888@aol.com.
Maine Sanford – A 93,159 sq.ft. strip center has a divisible space of 55,544 sq.ft. available. Area retail includes Shaws, Marshalls, Dollar Tree and Central Tire. Area demographics include a population of 154,620 within seven miles earning $60,405 as the average household income. For details, contact Rob Demerski, Charter Realty & Development Corp., 22 McGrath Highway, Somerville, MA 02143; 617-591-9995, Fax 617-591-9966; Email: rob@chartweb.com.
Dealmakers
(continued on page eighteen) August 13, 2010
page 17
FO
R LE
AS
E
FOR
FOR
E
LEAS
E
LEAS
FOR LEASE
Space Place Maryland
(continued from page seventeen)
Bladensburg – Bladensburg Shopping Center, located along Annapolis Road, has a 3,500 sq.ft. space available. Area demographics include a population of 514,439 within five miles earning $61,971 as the average household income. The average daily traffic count is 32,675 vehicles. For details, contact Steve Solomon or Jason Whittington, Solomon Real Estate, 8701 Georgia Avenue, Suite 601, Silver Spring, MD 20910; 301-565-3333, Fax 301-5653337; Emails: steve@solomonreal.com and jason@solomonreal.com. Waldorf – The Village Square, a 30,000 sq.ft. strip center located along Leonardtown Road, has spaces available of 1,000 sq.ft.; 1,275 sq.ft. and 2,700 sq.ft. Area demographics include a population of 35,204 within five miles earning $79,431 as the average household income. The asking rent is $18 psf. For details, contact Carter Smith, Woodmont Properties, 4919 Bethesda Avenue, Bethesda, MD 20814; 240550-6299, Fax 301-656-2710; Email: cartersmith42@yahoo.com.
New Jersey Voorhees – Coopers Plaza, a 173,000 sq.ft. strip center located along Route 73, has a 6,000 sq.ft. pad site and a 10,000 sq.ft. endcap space available. Kohl’s, Raymour & Flanigan, Marshalls and Party City anchor the center. Area retail includes Walmart, Rite Aid, Walgreens, Apple Store, Bed Bath & Beyond, Staples, Burlington Coat Factory and Acme. Area demographics include a population of 317,717 within seven miles earning $87,119 as the average household income. For details, contact Dan Zelson, Charter Realty & Development Corp., 183 Main Street, Westport, CT 06880; 203-227-2922, Fax 203-227-8388; Email: dan@chartweb.com. Whippany – A 22,000 sq.ft. freestanding building located along Route 10 West is available. Area retail includes P.C. Richard & Son, J.R. Cigar, Hometown Hearth & Grill and Signature Fitness. Area demographics include a population of 36,061 within three miles earning $123,494 as the average household income. For details, contact Neal J. Richards, Vanguard Realty, Inc., 195 Columbia Turnpike, Suite 100, Florham Park, NJ 07932; 973-443-9700 Ext. 15, Fax 973-966page 18
August 13, 2010
The
New Jersey
North Carolina
0123; Email: nrichards@vanguardsite.com; Web site: www.vanguardsite.com.
East Boulevard, Charlotte, NC 28203; 704334-3122; Emails: gavinwalsh@dkatz.com and juliegardner@dkatz.com; Web site: www.katzassociates.com.
New York Bronx – A center located along East Fordam Road has a 2,000 sq.ft. groundfloor space and a 3,800 sq.ft. lower-level space available. Cotenants include Best Buy, P.C. Richard & Son, A.J. Wright, The Children’s Place, Cookie’s Children Wear, Foot Locker, Duane Reade, T-Mobile, Payless ShoeSource, McDonald’s, Burger King, KFC, Jimmy Jazz, VIM and Dr. Jay’s. Area draws include Fordham University. Area demographics include a population of 2.036 million within five miles earning $52,933 as the average household income. The asking annual rent is $400,000. For details, contact Michael Hirschhorn, Jenel Management Corp., 275 Madison Avenue, Suite 702, New York, NY 10016; 212-889-6405; Email: mh@jenel.net; Web site: www.jenel.net. Poughkeepsie – A 3,000 sq.ft. pad site located at the intersection of Route 9 and IBM Road is available. For details, contact Fairfield Retail Partners, 88 Ryders Lane, Stratford, CT 06614; 203-870-8200, Fax 203-870-8201; Web site: www.fairfieldretail.com. Rego Park – A two-level space totaling 41,333 sq.ft. located along Queens Boulevard is available for sublease. Area retail includes Kohl’s, Costco, Sears, Bed Bath & Beyond, Old Navy and Marshalls. Area demographics include a population of 7.5 million within 10 miles earning $55,379 as the median household income. For details, contact Brian Katz, Katz & Associates, One Blue Hill Plaza, Suite 1440, Pearl River, NY 10965; 845-735-6666, Fax 845-735-6680; Email: briankatz@dkatz.com; Web site: www.katzassociates.com.
North Carolina Charlotte – University Pointe, located at the intersection of Highway 29/North Tryon Street and Brookside Lane, has spaces from 1,200 sq.ft. available along with an outlot. Area draws include the University of North Carolina. Area demographics include a population of 170,909 within five miles earning $60,731 as the median household income. For details, contact Gavin Walsh or Julie Gardner, Katz & Associates Corp., 1812
Dealmakers
www.dealmakers.net
Ohio Fairlawn – Fairlawn Town Centre, a 447,012 sq.ft. strip center located along West Market Street, has spaces available from 809 sq.ft. to 39,840 sq.ft. Giant Eagle, Marc’s, U.S. Postal Service, HomeGoods, Pet Supplies Plus and Chuck E. Cheese’s anchor the center. Area demographics include a population of 199,163 within seven miles earning $64,770 as the average household income. For details, contact Dan Zelson, Charter Realty & Development Corp., 183 Main Street, Westport, CT 06880; 203-227-2922, Fax 203-227-8388; Email: dan@chartweb.com. Sheffield – Sheffield Crossing, a 112,000 sq.ft. strip center located at the intersection of State Road 254/North Ridge Road and State Road 301/Abbe Road, has a 4,000 sq.ft. space available. Giant Eagle, CVS and Cracker Barrel anchor the center. Cotenants include Arby’s, The UPS Store, Edward Jones and Dollar Tree. Area demographics include a population of 330,924 within 10 miles earning $65,486 as the average household income. For details, contact Debra Kamerman, Silverman Realty Group, Inc., 237 Mamaroneck Avenue, White Plains, NY 10605; 914-683-8000, Fax 914-683-8935; Email: debrak@silvermanrealty.com; Web site: www.silvermanrealty.com.
Pennsylvania Horsham – The Village Mall, a 258,000 sq.ft. strip center locate along Blair Mill Road, has spaces available of 22,000 sq.ft.; 25,000 sq.ft. and 106,000 sq.ft., as well as two pad sites. Acme, Dollar Tree, Rite Aid and Wachovia anchor the center. Area retail includes Walmart, Bed Bath & Beyond, Giant, Kohl’s, PetSmart and Michaels. Area demographics include a population of 313,968 within seven miles earning $95,006 as the average household income. The average daily traffic count is 13,000 vehicles. For details, contact Dan Zelson, Charter Realty & Development, 183 Main Street, Westport, CT 06880; 203-227-2922, Fax 203-227-8388; Email: dan@chartweb.com. (continued on page twenty)
REal EstatE auctioNs
REach ovER 55,000 REtail REal EstatE DEcisioN MakERs with just oNE click.
Narrow windows for marketing opportunities make E-Blasts essential.
DEvElopERs & BRokERs Retail real estate for lease and for sale moves fast with quality E-Blast leads.
REtailERs Expedite the site selection process and gain more opportunities.
sERvicE pRoviDERs Decision makers look for key vendors and resources to enhance operations and cash flow.
DispositioN coMpaNiEs Move sites quickly with E-Blasts.
For more information, call 1-800-732-5856 or visit www.eblast.net
Space Place
FO
R LE
AS
E
FOR
FOR
E
LEAS
E
LEAS
FOR LEASE
Pennsylvania (continued from page eighteen)
Philadelphia – The Court at Grant, located at the intersection of Grant Avenue and Blue Grass Road, has spaces available from 1,000 sq.ft. to 10,000 sq.ft. Giant and LA Fitness anchor the center. For details, contact Jason Bock, Michael Salove Co., 1700 Market Street, 17th Floor, Philadelphia, PA 19103; 215-5682600 Ext. 21, Fax 215-568-2666; Email: jbock@salove.com; Web site: www.salove.com.
South Carolina Simpsonville – Georgia Road Commons, a 22,160 sq.ft. center located at the intersection of Georgia Road and Interstate 385, has spaces available from 894 sq.ft. to 10,000 sq.ft., as well as combinable outlots of 1.24 acres, 1.41 acres, 2.03 acres and 4.91 acres. Area retail includes IMAX and CVS. Area demographics include a population of 87,585 within five miles earning $74,053 as the average household income. For details, contact Justin P. Schad, Faison, 121 West Trade Street, 27th Floor, Charlotte, NC 28202; 704-972-2500, Fax 704-9722698; Email: justin.schad@faison.com; Web site: www.faison.com.
Tennessee
Texas
Nashville – The Avenue Murfreesboro, an 811,000 sq.ft. center located at the intersection of Medical Center Parkway and Interstate 24, has space available along with anchor space and outlots. Cotenants include Ann Taylor Loft, Barnes & Noble, Belk, Best Buy, Chico’s, Chili’s, Coldwater Creek, Cost Plus World Market, Dick’s Sporting Goods, Francesca’s Collections, Icing by Claire’s, Jos. A. Bank, Longhorn Steakhouse, Maggie Moo’s, Mimi’s Café, New York & Co., Off Broadway, Petco, Romano’s Macaroni Grill, Talbots, Ulta, White House|Black Market and Yankee Candle. Area demographics include a population of 288,236 within 12 miles earning $65,536 as the average household income. For details, contact Rob Morris, Faison, One Concourse Parkway, Suite 180, Atlanta, GA 30328; 678-527-2195, Fax 770-3520208; Email: rob.morris@faison.com; Web site: www.faison.com.
Highway, Suite 200, San Antonio, TX 78213; 210-253-3089, Fax 210-979-9701; Email: richardsonw@ucr-sa.com; Web site: www.ucrrealty.com.
Texas San Antonio – A 1,742 sq.ft. restaurant space located along North St. Mary’s Street is available. The asking rent is $23 psf. For details, contact Warren Richardson, UCR San Antonio, 1901 Northwest Military
Shopping Center
Management • Leasing • Redevelopment
xP Ye
Th
erTs s ar
T Y Per or 30 o r f eP
e
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
page 20
August 13, 2010
Contact:
Jill Strumpf, CSM Lenore Reynolds, CCIM
727-449-2020
Virginia Colonial Heights – Southpark Crossing, a 130,116 sq.ft. community strip center, has spaces available of 1,091 sq.ft.; 3,080 sq.ft. and 3,670 sq.ft. JCPenney Home Store and Marshalls anchor the center. Area retail includes Walmart Supercenter, Target, Sam’s Club, Staples, PetSmart, Toys “R” Us and Home Depot. Area demographics include a population of 182,707 within 10 miles earning $63,527 as the average household income. For details, contact Justin P. Schad, Faison, 121 West Trade Street, 27th Floor, Charlotte, NC 28202; 704-972-2634, Fax 704-9722698; Email: justin.schad@faison.com; Web site: www.faison.com. Fairfax City – A 7,029 sq.ft. freestanding building located on Lee Highway is available. The asking rent is $34.75 psf. Lynchburg – An 8,457 sq.ft. freestanding building located on Old Forest Road South is available. The (continued on page twenty-two)
Let the DeaLmakerS’ e-maiL ForumS LeaSe anD SeLL Your ProPertY For Free
Join over 118,900 members looking to acquire, sell, lease and finance all types of commercial real estate. We’re the place to list your center’s availabilities and to find that perfect site. no Over 1.5 matter the economy, these forums make sense milliOn and, best of all, they’re free! unique visitOrs tO dealmakers.net per year!
page kie’s home n u j l a e d The
Sign up today at http://www.dealmakers.net/mail/index.html The
Dealmakers
www.dealmakers.net
2010 IcSc
New york, Ny
december 6-7, 2010 The December 10th issue, distributed at the New York National Conference in New York, NY, delivers your advertising message to the real decision makers. Our readers respond and our advertisers get results.
Place your ad in the Pre-Show, Show and Post-Show issues and at no extra cost, receive:
SET THE STAGE Book appointments in advance by placing your ad in The Dealmakers November 26th pre-show issue, telling everyone you’re ready to make deals!
• Placement on THE DEALMAKERS “A” LIST • 55,000+ decision makers will be emailed • 500,000+ real estate pros view your ad at www.dealmakers.net
MAKE A STATEMENT Your ad will be hand-delivered to every attendee’s hotel room and The Dealmakers December 10th show issue gets exposure on the show floor! FOLLOW UP In addition to powerhouse companies that read The Dealmakers every week, the December 17th post-show issue is mailed to attendees — giving you added exposure!
For more INFormatIoN, coNtact alySoN Parker at 1-800-732-5856 Sizes Full Page 2/3 Page 1/2 Page 1/3 Page 1/4 Page Rates $1,495 $1,040 $800 $550 $475 * Prices are for black and white. Contact us for color pricing.
1/8 Page $310
FO
R LE
AS
E
FOR
FOR
E
LEAS
E
LEAS
FOR LEASE
Space Place Virginia
(continued from page twenty)
asking rent is $12 psf. For details, contact Len Weiselberg, Robert Crum, Matthew Makler or Gary Shapiro, Kin Properties, 185 Northwest Spanish River Boulevard, Suite 100, Boca Raton, FL 33431; 561-620-9200 Ext. 112/117/118/123, Fax 561-955-9921; Emails: lweiselberg@kinproperties.com, mmakler@kinproperties.com and gshapiro@kinproperties.com; Web site: www.kinproperties.com. Virginia Beach – Landstown Commons, a 505,699 sq.ft. retail center located at the intersection of Princess Anne Road and Dam Neck Road, has spaces of 1,294 sq.ft. to 3,373 sq.ft. available along with a 1.03acre pad site. Cotenants include Kohl’s, A.C. Moore, Bed Bath & Beyond, Best Buy, Books-A-Million, Lane Bryant, OfficeMax, PetSmart, Ross Dress for Less, Shoe Carnival, Walgreens, Buffalo Wild Wings, Firehouse Subs, Longhorn Steakhouse, Panchero’s, Starbucks and Z Pizza. For details, contact Bob Saffran, The Goodman Co., 777 South Flagler
Virginia
Washington, DC
Drive, Suite 1101 East, West Palm Beach, FL 33401; 561-833-3777; Email: bsaffran@thegoodmancompany.com; Web site: www.thegoodmancompany.com.
as the average household income. Also, View 14, a mixed-use center located at the intersection of 14th Street Northwest and Florida Avenue has space available. Area retail includes Chipotle, Target, Bed Bath & Beyond, Best Buy, Washington Sports Club, Eatonville Restaurant, 14th Street Bakery and Wine Bar, Dickson Wine, Masa 14 Restaurant, Cork Market, Mid City Caffe, Cork and Fork Wine Shop and Birch and Barley Restaurant. Area demographics include a population of 304,424 within three miles earning $82,020 as the average household income. Also, a 1,365 sq.ft. space located on M Street between 22nd Street and 23rd Street Northwest is available. Area retail includes Restaurant Ris, Greenworks, Sun Trust Bank, CVS, Sandella’s, West End Bistro and Meiwah Restaurant. Area draws include George Washington University. For details, contact David Dochter or Matthew Alexander, Cushman & Wakefield Retail Services, 1717 Pennsylvania Avenue Northwest, Suite 500, Washington, DC 20006; 202-739-0387/0385; Emails: david.dochter@cushwake.com and matthew.alexander@cushwake.com. DM
Washington, DC Washington, DC – DC USA, a 540,000 sq.ft. center located at the intersection of 14th Street and Irving Street Northwest, has spaces available from 1,080 sq.ft. to 22,235 sq.ft. Target, Bed Bath & Beyond, Best Buy, Staples, Marshalls and Washington Sports Club anchor the center. Cotenants include Senor Chicken, Mattress Discounters, The Vitamin Shoppe, The Children’s Place, Lane Bryant, Quiznos, Payless ShoeSource, RadioShack, Bank of America, Panda Express, Ellwood Thompson’s Local Market and IHOP. Area retail includes Subway, PNC Bank, Ruby Tuesday, Giant, T-Mobile, Rita’s, Sticky Fingers, Citibank, Pollo Campero, Starbucks, BB&T, d’vines, Radiance, Chipotle, FedEx Office, CVS, Potbelly Sandwich Works and Five Guys Famous Burgers and Fries. Area demographics include a population of 615,555 within five miles earning $88,236
Start your subscription to
Yes!
today!
Start my subscription right away to the only publication in the shopping center industry devoted exclusively to dealmaking in strip, power and specialty centers, as well as malls. I can use leads every week on retailers looking to lease space, buyers and sellers of retail properties, plus news on space for lease, retail chain acquisitions and mergers, who’s opening or closing stores, new retail concepts, shopping centers under construction and more.
Start my subscription immediately! Please charge my credit card or a check is enclosed
$294 for one year
$434 for two years $187 for six months
Please circle appropriate card:
Mail my subscription to
Card #
Name _________________________________
_______________________________
Company ______________________________
Exp. Date ___________ Sec. Code ___________
Address _______________________________
Signature _______________________________
City ___________________________________ State _____________
What you’ve missed in the last 47 issues
• 2,300,000 locations of retailers with plans to open 150,000 sites • $27 billion to be bought, sold and financed • Leasing activity on over 600 million sq.ft. of retail poperty
Zip ________________
Phone __________________________________ Fax ____________________________________ Email __________________________________
Expedite your order by faxing the completed form to 609-587-3511 P.O. Box 2630 | Mercerville, NJ 08690 | 800-732-5856 or 609-587-6200 | Fax 609-587-3511 | www.dealmakers.net page 22
August 13, 2010
The
Dealmakers
www.dealmakers.net
Coral Square Shoppes 3006 South US Highway 1, Ft. Pierce, Florida, 34982
Phase 1 Now ComPlete! Anchored by Save-A-lot
Tulepan Management LLC has finished construction of Phase 1 of Coral Square Shoppes, a 182,000sf retail center situated on 17 acres on S. US 1 and Edwards Road in Fort Pierce. Phase 1 is anchored by a 17,000sf SAVE-A-LOT Food Store and 25,000sf of retail space in two buildings, which was completed and opened in June. The project consists of retail, restaurant, entertainment and office components. Financing for Phase 1 of the project was provided by the City of Fort Pierce, in conjunction with the Federal Government’s HUD 108 Loan Program. The project was the first of its kind in the City of Fort Pierce to receive official “Brownfield” designation and was subsequently awarded a Grant from the U.S. Department of Housing and Urban Development’s Brownfield Economic Development Initiative, which is co-sponsored by the U.S. Environmental Protection Agency. The architect for the project was Kenneth McGee PA, and the general contractor was Kast Construction.
Tulepan Management LLC 11555 Heron Blvd. / Suite 200 • Coral Springs, FL 33076 954-603-0455 Randy M. Tulepan www.tulepanmanagement.com • randy@tulepanmanagement.com