Reporting The Nation’s Weekly News on Retailing & Retail Real Estate Volume XXX No. XXX
August 14, 2015
FEATURING APPAREL CHAINS EXPAND Destination XL Group, Inc. trades as Destination XL at locations nationwide and in the UK. The stores, offering men’s big and tall apparel and accessories, occupy spaces of 5,000 sq.ft. to 8,500 sq.ft. in freestanding locations and endcaps of power centers. Growth opportunities are sought nationwide during the coming 18 months. The company also trades as Casual Male XL, Rochester Clothing, ShoesXL and LivingXL. For more information, contact Peter Schmitz, Destination XL Group, Inc., 555 Turnpike Street, Canton, MA 02021; 781-828-9300 Ext. 2064, Fax 781-821-0614; Email: pschmitz@dxlg.com; Web site: www.destinationxl.com.
Kidstown operates six locations throughout NJ and NY. The stores, offering children’s apparel, footwear, accessories and furniture, occupy spaces of 10,000 sq.ft. to 20,000 sq.ft. in outlet centers and urban/downtown areas. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 25 years. A vanilla shell is required. Preferred cotenants include value-priced national retailers. For more information, contact Sammy Botton, Kidstown, 450 Fashion Avenue, Suite 1401, New York, NY 10123; 212-564-1616 Ext. 27, Fax 212630-0502; Email: sbotton@kidstownusa.com; Web site: www.kidstownusa.com.
bbb! Fashion operates six locations throughout Avondale, Phoenix and Tucson, AZ. The stores, offering apparel and accessories, occupy spaces of 14,000 sq.ft. to 27,000 sq.ft. in strip centers. Growth opportunities are sought throughout the Phoenix and Tucson, AZ metropolitan areas during the coming 18 months, with representation by Rein & Grossoehme Commercial Real Estate. Preferred cotenants include big box retailers. The company prefers to locate in areas with a dense Hispanic population. For more information, contact Jim Edwards, Rein & Grossoehme Commercial Real Estate, 8767 East Via de Ventura, Suite 290, Scottsdale, AZ 85258; 480-214-9423; Email: jim@rgcre.com; Web sites: www.rgcre.com and www.bbbfashionaz.com.
Rainbow operates more than 1,200 locations nationwide and in Puerto Rico and the Virgin Islands. The stores, offering discounted apparel, occupy spaces of 4,000 sq.ft. to 10,000 sq.ft. in urban/downtown areas. Growth opportunities are sought throughout MA and RI during the coming 18 months, with representation by National Commercial Brokers, Inc. Preferred cotenants include fashion retailers, discount department stores and supermarkets. For more information, contact Brian Nadler, National Commercial Brokers, Inc., 381 Elliot Street, Suite 185L, Newton Upper Falls, MA 02464; Email: brian@nationalcommercial.com; Web sites: www.nationalcommercial.com and www.rainbowshops.com. (continued on page thirteen)
THIS ISSUE CONTAINS INFORMATION ON: • Retailers operating 48,905 locations with plans to open 2,772 sites • Real estate valued in excess of $820 million to be bought, sold & financed • Leasing activity on over 2.8 million sq.ft. of retail properties WS Postmaster: Periodical T NE E N A T R DIT IMPO SE EXPE A PLE
ICSC OH/WEST VA/WEST PA IDEA EXCHANGE New Construction YK America to expand Walmart and Big 5 Sporting Goods anchored center in CA................ Pg. 4 Buyers and Sellers Rivercrest Realty Investors open to acquiring centers on the east coast........................................... Pg. 5 Food Chains Expand YCMG Brands, LLC looks for major malls and lifestyle centers nationwide................................. Pg. 6 Golden Chick to enter AR and MO............................................ Pg. 6 Who’s Opening and Where Dick’s Sporting Goods tests Chelsea Collective concept......... Pg. 7 TonyMoly enters the U.S............ Pg. 7 Making The News The Marcus Corp. taps Vice President of Real Estate............... Pg. 8 Sources of Financing MCS Commercial Capital funds non-recourse financing............... Pg. 8 Lease Signings Venture Commercial Real Estate inks two deals with LA Fitness.... Pg. 8 Lead Sheet Bed Bath & Beyond projects 35 openings..................................... Pg. 9 Metropolitan Theatres continues growth in the Midwest and western regions of the U.S.......... Pg. 10 Flywheel and Fly Barre to rollout 50 locations nationwide............. Pg. 11 Exclusives and Tenant Reps Bialow Real Estate reps Partners Urgent Care in MA..................... Pg. 14 Space Place................................ Pg. 15