Dealmakers Magazine | August 21, 2009 by The Dealmakers Magazine

Reporting The Nation’s Weekly News on Retailing & Retail Real Estate

Volume XXIV No. XXXI

August 21, 2009

Retailers Expanding Throughout Florida and Nationwide Dollar General operates 8,000 locations nationwide throughout 35 states. The stores, offering discounted groceries, home décor items, pet supplies and health and beauty aids, occupy spaces of 9,100 sq.ft. in freestanding locations and inline spaces. Growth opportunities are sought in markets south of Orlando, FL during the coming 18 months, with representation by Katz & Associates. Pet Supermarket operates 100 locations throughout AL, CA, FL, GA, KY, NC, NV, OH and TN. The stores, offering a full line of pet supplies and products, as well as offering veterinarian services, occupy spaces of 6,500 sq.ft. to 9,500 sq.ft. in freestanding locations. Growth opportunities are sought throughout FL, GA, NC, SC and TN during the coming 18 months, with representation by Katz & Associates. The company prefers to locate in highly visible areas with a minimum frontage of 70 feet. Shoe Carnival operates 290 locations nationwide. The stores, offering footwear and accessories for men, women and children, occupy spaces of 8,000 sq.ft. to 12,000 sq.ft. in freestanding locations and power centers. Growth opportunities are sought throughout FL during the coming 18 months, with representation by Katz & Associates. Typical leases run 10 years. For more information, contact Martin Hennessy, Katz & Associates, 2000 Glades Road, Suite 206, Boca Raton, FL 33431; 561-361-7232, Fax 561-3617276; Email: martinhennessy@dkatz.com; Web sites: www.katzassocaites.com, www.dollargeneral.com, www.petsupermarket.com and www.shoecarnival.com.

Harris-Teeter, Inc. trades as Harris-Teeter at 188 locations throughout DE, FL, GA, MD, NC, SC, TN and VA. The supermarkets, featuring meat, seafood, organic fruits and vegetable departments, as well as a wine center and pharmacy, occupy spaces of 30,000 sq.ft. to 60,000 sq.ft. in freestanding locations and power and strip centers. Growth opportunities are sought throughout the existing markets, excluding GA, during the coming 18 months. Typical leases run 20 years. For more information, contact Keith Rudemiller, Harris-Teeter, Inc., 701 Crestdale Road, Matthews, NC 28105; 704844-3100, Fax 704-844-3476; Web site: www.harristeeter.com.

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New Construction Tulepan Management is preleasing a project located in Ft. Pierce, FL...................... Pg. 3 Observations & Conversations Pg. 4 Profile|FIRC Group, Inc........ Pg. 6 Buyers & Sellers The Dickinson Klotz Group is selling a portfolio of centers located throughout Jacksonville, FL...................... Pg. 8 Food Retailers Expand Larry’s Giant Subs looks for sites nationwide..................... Pg. 10 Openings Five Below plans to enter the Pittsburgh, PA market............ Pg. 12

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Sources of Financing Better Loans & Realty Corp. provides hard money financing............................... Pg. 27

This issue contains information on:

Important News Please Expedite

ICSC Florida Conference

Winn-Dixie Stores, Inc. trades as WinnDixie at 522 locations throughout AL, FL, GA, LA and MS. The supermarkets occupy spaces of 30,000 sq.ft. to 50,000 sq.ft. in freestanding location and lifestyle, power and strip centers, as well as urban/downtown areas. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 20 years with options. For more information, contact Frank O’Sullivan, Winn-Dixie Stores, Inc., 47 Cotesworth Place, Hilton Head, SC 29926; 843-342-3468, 843-342-4468; Web site: www.winndixie.com.

* Retailers operating 36,168 locations with plans to open 3,543 sites * Real estate valued in excess of $1.2 billion to be bought, sold & financed * Leasing activity on over 8.43 million sq.ft. of retail properties Postmaster: Periodical

Featuring

hhgregg will occupy a former Circuit City in Bradenton, FL Pg. 16 Exclusives Baum Realty represents Advance Auto in its Chicago, IL expansion.......................... Pg. 18 Lease Signings Investment Management Associates negotiated a number of leases throughout FL.......................................... Pg. 22

Lead Sheet A.C. Moore looks for sites throughout the Northeast and Southeast............................... Pg. 31 Off Broadway Shoes seeks locations nationwide............. Pg. 34 Space Place........................... Pg. 36 Most Valuable Players........... Pg. 50

For more news go to: www.dealmakers.net

New Construction Tulepan Management, LLC is preleasing Coral Square Shoppes, a 182,000 sq.ft. center being constructed in phases on 17 acres at the intersection of South U.S. 1 and Edwards Road in Ft. Pierce, FL. Phase one will include a 17,000 sq.ft. Save-A-Lot and 25,000 sq.ft. of shop space in two buildings. Additional phases will include office and entertainment space. For more information, contact Randy M. Tulepan, Tulepan Management, LLC, 11555 Heron Boulevard, Suite 200, Coral Springs, FL 33076; 954-603-0455; Email: randy@tulepanmanagement.com; Web site: www.tulepanmanagement.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............................................ Nicholas Hamner nicks@dealmakers.net Editor............................................... Adam Taliercio adamt@dealmakers.net Director of Circulation..................... Jane Winterle jane@dealmakers.net Advertising Coordinator............ Stephani Hamner stephani@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 TM 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! 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 2009 by TKO Real Estate Advisory Group Inc. 609-587-6200, fax 609-587-3511.

Carpionato Properties, Inc. is preleasing the second phase of Westerly Crossings Shopping Center, located at the intersection of Route 78/Airport Road and Route 1 in Westerly, RI. Super Stop & Shop anchors the center and cotenants include 99 Restaurant, CVS, Olympia Sports, Sleepy’s, Cold Stone Creamery, GameStop and Hair Cuttery. Area demographics include a population of 68,087 within a 10-mile radius earning an average household income of $76,440. The average daily traffic count is 32,100 vehicles. The second phase is slated to open during October. The company is also preleasing Stonehill Marketplace, an 875,000 sq.ft. power center being constructed in phases at the intersection of Route 5/Atwood Avenue and U.S. Route 6 in Johnston, RI. Home Depot, Burlington Coat Factory, PetSmart and Deal$ anchor the center. Cotenants include Ruby Tuesday’s, Office Depot, Webster Bank, Sleepy’s and Aspen Dental. Area retail includes Stop & Shop, GNC, T-Mobile, Sally Beauty Supply, RadioShack, Fashion Bug and Dots. Area demographics include a population of 444,854 within a seven-mile radius earning an average household income of $55,185. The average daily traffic count is 64,100 vehicles. For more information, contact Mark Briggs or David Steinberg, Carpionato Properties, Inc., 1414 Atwood Avenue, Johnston, RI 02919; 401-273-6800; Emails: mbriggs@carpionatoproperties.com and dsteinberg@carpionatoproperties.com; Web site: www.carpionatoproperties.com. Capital Realty Advisors is preleasing Elden Corner Center, a 10,000 sq.ft. strip center situated on 0.89 acres in Herndon, VA. Spaces are available. The center is slated to open during January 2011. For more information, contact Geoff Lindsay, Capital Realty Advisors, 2032 Virginia Avenue, McLean, VA 22101; 703-536-2100, Fax 703-852-2830; Email: retail@caprealtyadv.com; Web site: www.caprealtyadv.com. The Wilder Cos. is preleasing Gloucester Crossing, a 195,000 sq.ft. mixed-use center located along Route 128 in Gloucester, MA. Market Basket and Marshalls anchor the center. Trade-area demographics include a population of 150,000 earning an average household income of $98,996. The average daily traffic count is 35,000 vehicles. The center is slated to open next month. For more information, contact The Wilder Cos., 800 Boylston Street, Suite 1300, Boston, MA 02199; 617-247-9200, Fax 617247-4044; Web site: www.wilderco.com. www.dealmakers.net

The

Paster Enterprises, LLC is preleasing Mendota Plaza, a 239,000 sq.ft. mixed-use center located at the intersection of State Highway 110 and Dodd Road in Mendota Heights, MN. Spaces of 3,850 sq.ft.; 12,229 sq.ft. and 19,600 sq.ft. are available. Walgreens anchors the center. Cotenants include J&A Cleaners, Mendota Liquor, Salon Concepts, Subway, Teresa’s Mexican Restaurant and Tuesday Morning. Area demographics include a population of 209,238 within a fivemile radius earning an average household income of $73,708. The center is slated to break ground during September and open during the fall of 2010. For more information, contact Paster Enterprises, LLC, 2227 University Avenue West, St. Paul, MN 551141677; 651-646-7901; Web site: www.pasterenterprises.com. SRS Real Estate Partners is preleasing a 6,000 sq.ft. center located along Boston Street in Boston, MA. Target, Home Depot, Stop & Shop, Best Buy, Bed Bath & Beyond, OfficeMax, Old Navy and Marshalls shadow-anchor the center. Area retail includes Famous Footwear and Super 88. Area demographics include a population of 737,045 within a five-mile radius earning a median household income of $51,067. The center is slated to open during the summer. For more information, contact Rob Robledo or John Ferris, SRS Real Estate Partners, 84 State Street, Suite 400, Boston, MA 02109; 617-725-1986/1985; Emails: rob.robledo@srsre.com and john.ferris@srsre.com; Web site: www.srsre.com. Heart of America Group is preleasing The Shoppes at Prairie Crossing, a 1.4 million sq.ft. mixed-use development situated on 176 acres at the intersection of Hubbell Avenue, U.S. 65 and Interstate 80 in Altoona, IA. Spaces from 1,000 sq.ft. to 200,000 sq.ft. are available along with outlots of 4,000 sq.ft.; 8,500 sq.ft. and 75,000 sq.ft. Bass Pro Shops anchors the center. Area retail includes Lowe’s Home Improvement, Menards, Wal*Mart and Staples. Area demographics include a population of 257,252 within a 10mile radius earning an average household income of $63,863. The average daily traffic count is 109,700 vehicles. The center is slated to open later this month. For more information, contact Damen Trebilcock, Heart of America Group, 1501 River Drive, Moline, IL 61265; 309743-3263, Fax 760-875-9828; Email: damentrebilcock@hoari.com; Web site: www.heartofamericagroup.com.

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Observations & Conversations Until the vacancy rate nationwide starts to contract, expanding retailers will continue to have all the leverage in negotiating deals. If a retailer can get into a “B” or “A” site without spending a dime on their fit-out or fixtures, and they’ve tied up the space for up to 10 years at a below market rent, they’ll be golden when the recession and its aftershocks pass. This issue of The Dealmakers is being distributed at the ICSC’s Florida Dealmaking and, although the Florida market is far from a rebound, I think the sinkhole in its economy has finally stopped getting deeper. Granted, there are a number of impending foreclosures of shopping centers throughout the state and centers with lots of empty holes to fill, but there are projects in those same situations across the country. In order to stave off the bank or as a measure or paranoia and prudence, I’m seeing landlords doing deals with tenants that, two years ago, they wouldn’t have even considered adding to their center, such as cheerleading schools, colleges, thrift stores and non-profits and indoor entertainment concepts like penny arcades for adults or for children, the likes of Monkey Joe’s (a nice indoor inflatable playground operation, it’s just doesn’t produce the same draw as what a supermarket or any traditional anchor would). But now, just to keep cash flow going, all potential tenants look good these days. Some of these potential tenants, however, are getting crazy on their TI demands and business terms in general, but until the vacancy rate nationwide starts to contract, expanding retailers will continue to have all the leverage in negotiating deals. If a retailer can get into a “B” or “A” site without spending a dime on their fit-out or fixtures, and they’ve tied up the space for up to 10 years at a below market rent, they’ll be golden when the recession and its aftershocks pass. A lot of landlords of these types of deals will take a haircut for the short term, but at least they have better odds at keeping their project intact and off the list of foreclosures. My take is that things aren’t getting worse and, even though there aren’t an onslaught of deals to be done, there is enough activity to keep most of us from having to ask “Do you want fries with that?” Some good news; the party line says that the swarm of tenants asking for rent reductions has subsided in the past month, but that doesn’t mean retailers aren’t still closing stores and the most stressed operators will have a hard time surviving another bad Christmas season, especially the ones that don’t have enough cash or credit to buy more inventory. I have to vent a little... a problem that I see becoming more prevalent, because there are fewer deals to be done, is the cut-throat, behindyour-back, find a loop-hole-to-screw-you type of mentality streaming from all sides of the table, from the broker, to the landlord and the tenants, with the lenders and construction folks sitting on the side lines taking pot shots too. My attitude is that I’d rather spend more time on actually making deals than overextending my efforts to cover my tuckus from here to Sunday, but unfortunately, in this climate, most people that get a W2 are more concerned about justifying their keep than making deals happen and the ones that get 1099’s are scratching and clawing to get their share of the pie and poking their hands in to anyone else’s slice that will let them. Not pretty, but you learn who your true business comrades really are when deals are hard to come by. Maybe I am old school (my ID reads middleaged, yet I like to think my mind is progressive), however after almost page 4

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three decades in this business, I still believe that deals can get done without people getting ugly during and after negotiations. Frustrated yes, that’s to be expected, but, nasty, greedy and deceptive behavior is just plain unacceptable and it’s not forgotten easily, if ever. I’m sure that I’m not the only one who has a list of people that I’d rather not do business with because they’re a-holes. It seems lately that my list is getting longer, but on the flip side, at least now they won’t waste any more of my time. While on the topic of a waste of time, I read an article about a shopping center in West Delray, FL that displayed an abstract sculpture with an anatomically correct nude family and parents from a local elementary school are complaining to the owner of the center that he should move it. The story has made national news headlines. The landlord is keeping the art where it is and telling the local yokels to “get over it,” but I bet his tenants aren’t too thrilled with the extra negative attention. Other news from Florida is that Benderson Development got approvals to build almost a million sq.ft. of open-air retail in the little, but growing town, of North Port near Sarasota. Fourth Quarter Properties is also planning to bring a million more square feet of retail to North Port. Both projects have yet to announce any anchors or a construction start date, but it’s a monumental ambition to fill two million square feet of new retail development in any town. Granted, North Port’s population has doubled within the past ten years to around 55,000 residents and 100,000 potential customers are within 10 miles, but the odds of both of these projects breaking ground anytime soon are pretty slim. Not to mention that another project in North Port with 1.5 million sq.ft. of retail initially proposed by Jeffrey R. Anderson Real Estate a few years ago seems to have stalled. Moving to the other side of the state, Ramco Gershenson plans to develop a 365,000 sq.ft. shopping center in Jacksonville with a 2011 ground breaking slated, contingent on an economic rebound. I’m seeing real activity in new development of small strip centers of 20,000 sq.ft. and under in Florida, however, proposed large scale projects seem to be bogged down in the economic wait-and-see mode. Retailers are in the circle and stall mode too, and with back-to-school season looming, it looks like more doom and gloom retail sales forecast are in our future, which won’t help matters. But in the big picture, the future for Florida is bright and developers are optimistic that a few years down the road they’ll turn their conceptual plans into reality. Make sure drop by our booth at the Florida conference, and the following month we’ll be at the ICSC’s shows in San Diego, Philadelphia. We’re also gearing up for the ICSC’s Southeast Conference in Atlanta during October, so if you have a project or expansion needs, let us know and we’ll try our hardest to get you publicity in the show issue. You can reach me by email at ann@dealmakers.net or Alyson at alyson@dealmakers.net or Nick at nicks@dealmakers.net. One of us will help you with getting some press coverage.

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Ann O’Neal, Publisher

More retail experience per square foot. It’s time you started to negotiate from a position of strength. • Analyze your retail real estate • Negotiate reduced rents • Terminate leases cost effectively • Renew at favorable lease terms Start by calling us now.

Visit us at rcsrealestate.com or call us at 877 728 3736.

Profile — A monthly column featuring retail real estate companies FIRC Group, Inc. — A South Florida company adopts, adapts and improves by Nicholas Hamner It is a quirk of human nature that we tend to see things more clearly only after some aspect of our lives has been shaken to its core. Many of us found our resolve strengthened when the financial shakeout of last year destroyed much of what we had worked for and threatened our business, and the world is full of people and companies who found success in hard times. After the oil crisis of the mid1970s nearly eliminated all working investment capital, Antonio O. Fraga, Sr. regrouped, strengthened his resolve and worked to make FIRC Antonio O. Fraga, Sr. Group, Inc. the company Founder and President it is today. After spending 10 years with IBM, Fraga, Sr. moved his family to Miami, FL to start a business in real estate. He became a property manager for a group of Venezuelan investors and founded Fraga International Realty, acquiring its first property, a multifamily complex, during 1974 and its first retail center in Homestead, FL the next year. The company officially became FIRC Group, Inc. in 1979 and continued acquiring, renovating and developing properties throughout the Southeast. The company began using its own capital to acquire and develop properties for itself during the 1990s and now, having survived numerous recessions, bubbles and hurricanes, maintains offices in Miami, FL and Asheville, NC. Fraga, Sr. flirted with retirement for a couple of years but decided to come back to operate the company’s Asheville office as president while his son, Alexander Alexander W. Fraga “Alex” W. Fraga, serves Vice President as vice president and runs the Miami office. The two are the company’s only principals and are supported by the company’s management, leasing, construction and accounting departments. The company outsources all architectural duties along with engineering and legal issues. Alex Fraga says, “Our key players are everyone involved in the FIRC family in both FL and NC. We have employees that have been with the company for 27 years. We’ve always found success in surrounding ourselves with the best team possible.” He concludes, “Success comes from being smart enough to know what it is you don’t know and then finding the people who do.” Development for FIRC, in the current economic

climate, is a struggle, as it is for any company trying to move forward on a project. Fraga says, “Today, you find yourself working twice as hard for hopefully half the return;” noting the stringent requirements banks now place on project financing. He notes that redevelopments with tenants in place stand a better chance for financing, but that “land is a four-letter word.” He says, “When banks want to see leases for more than 50% of a project’s space, not provide higher than a 65% to 70% loanto-value on the note and include higher interest rates along with higher debt service requirements, it makes developments very difficult to undertake and complete. When banks don’t lend, the world doesn’t turn.” Hardships notwithstanding, the company has several developments and redevelopments underway. FIRC is redeveloping West Gate, a 130,000 sq.ft. center located along Westgate Parkway in Asheville, NC, in phases, with the initial phase, a 13,000 sq.ft. strip center with interstate frontage, currently under way. The company has a long relationship with the center, having managed it for more than 25 years before acquiring it in 2004. Additional phases will include a condominium component overlooking the French Broad River that will feature views of the Asheville skyline and the Appalachian mountains along and an office component. Fraga says, “In a different time in a different economy, we would have been able to develop everything at once. In today’s economy, we build what the economy allows, and right now that is the 13,000 sq.ft. strip center.” The company is also developing Main Street at Enka Village, a 600,000 sq.ft. mixed-use project being developed across four phases at the intersection of Sand Hill Road and Enka Lake Road in Asheville. The first phase will include a large multi-family component consisting of 136 apartments along with a 25,000 sq.ft. retail component. He notes, “We have seen a very strong demand for rental apartments in the Asheville market.” The company is also continuing to flesh out its downtown property in Asheville, a mixed-use building located at the intersection of Haywood Street and Battery Park Avenue known as Haywood Park. The company recently acquired the property, featuring streetfront retail, office and hospitality components, and future plans include a renovation. In FL, the company is near completion on a 13,600 sq.ft. center located along Northwest 87th Avenue in Doral known as Doral Village. Future developments include Shops at Three Lakes, a 36,750 sq.ft. strip center located at the intersection of 132nd Avenue and Southwest 136th Street in Miami, FL. The project is located near the Tamiami Airport and will feature retail and office components. The company is also beginning work on El Prado Towers at Old Spanish Village, the 20,000 sq.ft. retail component of a mixeduse development known as Old Spanish Village located at the intersection of Ponce de Leon Boulevard and Coconut Grove Drive in Coral

Gables, FL. Across the street at the intersection of Ponce de Leon Boulevard and Catalonia Avenue, the company has begun work on a 52,000 sq.ft. mixed-use center that will feature a 12,000 sq.ft. retail component and a 40,000 sq.ft. office component. Additionally, the company plans to build out the additional phases of the West Gate and Main Street at Enka Village projects in Asheville. Future developments for the company, Fraga explains, are often planned utilizing a mix of old and new practices. “We start with old-school canvassing to see what is in the area already,” he says, “and new technologies allow us an enhanced view of where demographics are shifting and where new hot spots may arise.” While financing remains a difficult obstacle for any development project, Fraga notes that leasing momentum has started to increase again. He says, “Calls from tenants interested in leasing are improving from where they were last year. They are not as strong as they were several years ago, but I don’t know if we’ll ever return to that level.” He then notes that with the increase in calls comes an increase in demands from prospective tenants. He says, “Tenants are looking for the landlord to finance their expansion. We had a microbrewery chain ask for a TI of $300 psf.” A difficult economy requires a fundamental change in thinking. Fraga says, “Time and time again, you hear the phrase ‘Only the strong survive.’ Too many got into this business and made big money only knowing .01%. Those finding success today are not the strong, they are the knowledgeable.” To that end, he notes that FIRC has returned to its roots in third party management and leasing, and is creating an investment fund. The fund features two tiers of investors, with a group of investors from Mexico looking to acquire traditional investment-grade strip centers between 12,000 sq.ft. and 30,000 sq.ft. and a second tier from Venezuela looking to acquire premier properties and high rises. FIRC continues to manage properties for other parties, though Fraga notes the company often adds an advisory role to its management duties. “We bring 30 years of skills to our management duties and treat every project as if it were our own,” he says. “We don’t just lease, cut the grass and collect the rent; we advise them, considering all potential hurdles.” For more than 30 years, FIRC Group, Inc. has survived and thrived through boom times and busts. By staying true to its roots and building a trustworthy and knowledgeable team of specialists, it stands poised to continue its success. For more information, contact Alex Fraga, FIRC Group, Inc., 2665 South Bayshore Drive, Suite 302, Coconut Grove, FL 33133; 305-860-2300, Fax 305-860-2900; Email: info@fircgroup.com; Web site: www.fircgroup.com.

To feature your company in an upcoming “Profile” in The Dealmakers, contact Ann O’Neal at ann@dealmakers.net. In your email, please give a brief synopsis of what your company does and what makes it stand out from the crowd. page 6

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Buyers and Sellers EXP Realty Advisors is selling a 12,900 sq.ft. CVS situated on 2.2 acres at the intersection of Chandler Road and Sunrise Road in Round Rock, TX. The tenant is bound to a lease set to expire during January 2034 featuring 10, five-year options. Area retail includes IKEA, JCPenney, OfficeMax, REI and Round Rock Premium Outlets, featuring Adidas, Ann Taylor, Banana Republic, Burberry, Calvin Klein, Coach, Gap Outlet, J. Crew, Michael Kors, Nike, Polo, Theory and Tommy Hilfiger. Area draws include Scott & White Memorial Hospital. Area demographics include a population of 105,100 within a five-mile radius earning an average household income of $85,800. The average daily traffic count is 17,300 vehicles. The NOI is $345,215. The asking price is $5.137 million with a Cap rate of 6.72%. An existing interest-only note with a loan-to-value ratio of 72% and due on July 1, 2013 may be assumed. The company is also selling a 13,361 sq.ft. CVS situated on 1.04 acres along River Road in Edgewater, NJ. The tenant is bound to a NNN ground lease set to expire during January 2035 featuring four, five-year options and a 25% rent escalation at the first option followed by a 15% rent escalation with each remaining option. Area retail includes Mitsuwa Marketplace, Edgewater Commons, City Place at the Promenade, Trader Joe’s, Target, T.J. Maxx, Barnes & Noble, Pathmark, Chico’s, Valley National Bank, Bed Bath & Beyond, Baby Gap, Banana Republic, McDonald’s, Ben & Jerry’s and Northfork Bank. Area demographics include a population of 861,363 within a three-mile radius earning an average household income of $112,656. The NOI is $605,000. The asking price is $9 million with a Cap rate of 6.72%. For more information, contact EXP Realty Advisors, 118 East 28th Street, Suite 808, New York, NY 10016; 212-972-7457, Fax 212-686-0078; Email: exp@exp1031.com; Web site: www.exp1031.com. RDO Commercial Real Estate Advisors is selling a 9,014 sq.ft. Dollar General situated on two acres in Dawsonville, GA. The tenant is bound to a 15-year lease that commenced last month featuring five, fiveyear options and 10% rent escalations at year 11 and with each option. Area demographics include a population within a five-mile radius earning an average household income of $70,000. The asking price is $1 million with a Cap rate of 8.5%. For more information, contact Ryan O’Connell, RDO Commercial Real Estate Advisors, 2720 East Camelback Road, Suite 220, Phoenix, AZ 85016; 602-424-3419; Email: ryan.oconnell@rdoinvestments.com; Web site: www.rdoinvestments.com. page 8

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SullivanHayes Cos. is selling a 1,566 sq.ft. former Taco Bell situated on 0.34 acres along Farmington Avenue in Bristol, CT. Area retail includes Wal*Mart, Home Depot, Sears Hardware, Shop Rite, Panera Bread, Ruby Tuesday, LA Fitness, Stop & Shop, Starbucks and Wendy’s. Area demographics include a population of 111,321 within a five-mile radius earning an average household income of $70,583. The average daily traffic count is 27,000 vehicles. The asking price is $400,000. The company is also selling a four-acre parcel, suitable for a 25,000 sq.ft. project, located along Reidville Drive in Waterbury, CT. Area retail includes Brass City Mall, Stop & Shop, BJ’s Wholesale Club, Raymour & Flanigan and Aldi. Area demographics include a population of 276,134 within a 10-mile radius earning an average household income of $80,467. The company is also selling a 1,700 sq.ft. freestanding building situated on 0.5 acres along Boston Road in Springfield, MA. Area retail includes Sleepy’s, Bickfords, Taco Bell, IHOP, Applebee’s and Pep Boys. Area demographics include a population of 111,321 within a five-mile radius earning an average household income of $70,583. The average daily traffic count is 23,000 vehicles. For more information, contact SullivanHayes Cos., 10 Waterside Drive, Suite 200, Farmington, CT 06032; 860677-5252, Fax 860-679-5290; Email: pdevino@sullivanhayesne.com; Web site: www.sullivanhayesne.com. Kin Properties is selling a 100,000 sq.ft. former Value City Furniture situated on 7.67 acres along Marshall Street North in Benwood, WV. Area retail includes Kroger, Rite Aid and Lowe’s Home Improvement. Area demographics include a population of 59,909 within a five-mile radius. The asking price is $1.5 million with taxes of $1.25 psf. For more information, contact Robert Crum or Lee Cherney, Kin Properties, 185 Northwest Spanish River Boulevard, Boca Raton, FL 33431; 888-546-7767 Ext. 117/117, Fax 561955-9921; Emails: rcrum@kinproperties.com and lcherney@kinproperties.com; Web site: www.kinproperties.com. Childers Real Estate Services, LLC is selling two Kerr Drug sites located in NC. Both sites are occupied by tenants bound to NNN leases with 16 years remaining on the original lease term featuring 5% rent escalations every five years and four, five-year options. The asking prices for the sites are $3.285 million and $2.6 million, respectively. For more information, contact Tom W. Childers, Childers Real Estate Services, LLC; 206-579-6202 or 888-882-7713; Email: tom@childers.com.

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#1 Real Estate Deals, LLC is selling a 97,000 sq.ft. center situated on 20 acres in Haw River, NC. The asking price is $3.49 million. The company is also selling a 60,990 sq.ft. center situated on 5.26 acres in Conover, NC. Tenants include Cook-Out. The asking price is $2.29 million. The company is also selling a 39,634 sq.ft. center situated on 12.8 acres in North Wilkesboro, NC. The center is 100% occupied. The asking price is $1.79 million. The company is also selling a 62,300 sq.ft. center situated on 6.3 acres in Thomasville, NC. The asking price is $1.69 million. The company is also selling a 39,704 sq.ft. center situated on 3.42 acres in Hickory, NC. The asking price is $1.79 million. For more information, contact W. Clarke Lindley, #1 Real Estate Deals, LLC; 336-2604113; Email: supermansml@aol.com. Global Retail Investors, LLC, a joint venture between First Washington Realty, Inc. and California Public Employees’ Retirement System, acquired a majority share of 60% in a portfolio consisting of 86 centers located in 17 states and Washington, DC, including 26 centers located in the Baltimore, MD/Washington, DC area and 16 in the Los Angeles, San Diego and San Francisco areas of CA. The total portfolio is valued at $1.73 billion. For more information, contact First Washington Realty, Inc., 4350 EastWest Highway, Suite 400, Bethesda, MD 20814; 301-907-7800, Fax 301-907-4911; Email: info@firstwash.com; Web site: www.firstwash.com. Or California Public Employees’ Retirement System, Lincoln Plaza North, 400 Q Street, Sacramento, CA 95811; Web site: www.calpers.ca.gov. Cushman & Wakefield of New Jersey, Inc. negotiated the sale of The Marketplace at Rockaway, a 241,000 sq.ft. center located along Enterprise Drive in Rockaway, NJ. Friendwell Group of Cos. acquired the center for $29 million. At the time of sale, the center was anchored by Wal*Mart and tenants included Bed Bath & Beyond and DSW. For more information, contact Gary Gabriel, Cushman & Wakefield of New Jersey, Inc., One Meadowlands Plaza, East Rutherford, NJ 07073. The Dickinson Klotz Group is selling a portfolio of small shopping centers located throughout the Jacksonville, FL metropolitan area. For more information, contact Jeff Klotz, The Dickinson Klotz Group; 904-514-1090; Email: jeffklotz@dickinsonklotz.com. (continued on page fourteen)

CURRENT NEIGHBORHOOD SHOPPING CENTER DEVELOPMENTS Publix at Bison Trail / NWC Big Station Camp Blvd & Bison Trail / Gallatin, Tennessee / 78,588 SF Market at Salem Cove / NEC HWY 99 & St. Andrews Drive / Murfreesboro, Tennessee / 88,656 SF Market at Victory Village / SEC HWY 96 & Rucker Lane / Murfreesboro, Tennessee / 88,500 SF McKayâ&#x20AC;&#x2122;s Mill Village Center / NWC Liberty Pike & Oxford Glen Drive / Franklin, Tennessee / 68,593 SF Smyrna Crossings / SWC SR 212 & SR 138 / Conyers, Georgia / 82,890 SF Stoneybrook West Village I & II / NE & SE Corner CR 545 & Stoneybrook West Pkwy / Winter Garden, Florida / 106,046 SF In addition, Barclay Group has exciting leasing opportunities in 6 states including Arizona, Colorado, Florida, Georgia, Tennessee and Texas.

Food Retailers Expand Nationwide Olive Garden operates 620 locations nationwide and Red Lobster operates 680 locations nationwide and throughout Canada. The restaurants occupy spaces of 6,400 sq.ft. to 7,500 sq.ft. in freestanding locations. Growth opportunities are sought throughout OR, excluding the Portland metropolitan area, during the coming 18 months, with representation by Rushing Real Estate. Typical leases run 10 years with four, five-year options. A land area of 1.2 to 2.4 acres is required. Preferred demographics include a population of 75,000 within three miles. For more information, contact Bo Rushing-Barnes, Rushing Real Estate, 3110 25th Street Southeast, Salem, OR 97302; 503-588-8500, Fax 503-5888744; Email: bo@rushinggroup.com; Web site: www.rushinggroup.com. Thunder Jackson’s occupies one location in New York, NY. The restaurant and bar prefers to occupy spaces of 3,000 sq.ft. in urban/ downtown areas. Growth opportunities are sought throughout northern VA and Washington, DC during the coming 18 months, with representation by Grubb & Ellis Co. Max’s Wine Drive operates two locations in Austin and Houston, TX. The restaurants, serving gourmet comfort food, occupy spaces of 3,000 sq.ft. to 4,500 sq.ft. in freestanding locations. Growth opportunities are sought throughout Montgomery County and northern VA during the coming 18 months, with representation by Grubb & Ellis Co. For more information, contact Edward Goldmeier, Matthew Cooper or Glenn Ulick, Grubb & Ellis Co., 20 South Charles Street, Suite 902, Baltimore, MD 21201; 410-625-4202/4207/4205; Emails: edward.goldmeier@grubb-ellis.com, matthew.cooper@grubb-ellis.com and glenn.ulick@grubb-ellis.com; Web site: www.grubb-ellis.com. Golden Corral Corp. trades as Golden Corral at 500 locations nationwide throughout 41 states. The buffet-style restaurants occupy spaces of 11,000 sq.ft. to 14,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout Bell, Orange, Los Angeles County and Sacramento, CA; Fort Collins, CO; Dover, DE; Jackson and New Orleans, LA; Independence, MO; Santa Fe, NM; Reno, NV; Buffalo, NY, and Memphis, TN during the coming 18 months. For more information, contact Glen Kinkade, Golden Corral Corp., 5151 Glenwood Avenue, Raleigh, NC 27612; 919-7819310; Email: gkinkade@goldencorral.net; Web site: www.goldencorral.com. page 10

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The

CiCi’s Pizza operates 650 locations throughout AL, AR, AZ, CO, DE, FL, GA, IA, IL, IN, KS, KY, LA, MD, MI, MN, MO, MS, NC, NE, NM, NV, OH, OK, PA, SC, SD, TN, TX, VA and WV. The pizza buffet restaurants occupy spaces of 3,600 sq.ft. to 4,200 sq.ft. in endcaps of shopping centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Preferred cotenants include grocery stores. The company is franchising. For more information, contact John Baldwin, CiCi’s Pizza, 1080 West Bethel Road, Coppell, TX 75019; 972-745-4200; Email: sitesubmittal@cicispizza.com; Web site: www.cicispizza.com. Larry’s Giant Subs operates 100 locations throughout FL, GA and SC. The restaurants, offering New York-style subs, sandwiches and salads, occupy spaces of 1,400 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought nationwide during the coming 18 months. Typical leases run five years with options. The company is franchising. For more information, contact Larry Raikes or Mitch Raikes, Larry’s Giant Subs, 4479 Deerwood Lake Parkway, Suite 1, Jacksonville, FL 32216; 904739-9069, Fax 904-739-1218; Web site: www.larryssubs.com. Taco Bell operates 5,800 locations nationwide. The fast food Mexican restaurants occupy spaces of 2,000 sq.ft. to 2,600 sq.ft. in freestanding locations and inline spaces of shopping centers. Growth opportunities are sought throughout northern CA during the coming 18 months, with representation by Dolan Foster Enterprises, LLC. Typical leases run 20 years with four, five-year options. A vanilla shell and tenant improvement allowance are required. A land area of 30,000 sq.ft. to 40,000 sq.ft. is required for freestanding locations. For more information, contact Paul Luce, Dolan Foster Enterprises, LLC, 5635 West Las Positas Boulevard, Suite 406, Pleasanton, CA 94588; 925-621-2600, Fax 925-225-0360; Email: paulluce@dolanfoster.com. Country Cookin’, Inc. trades as Country Cookin’ at 16 locations throughout VA. The restaurants occupy spaces of 5,000 sq.ft. in freestanding locations, malls and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. For more information, contact David Preston, Country Cookin’, Inc., 4335 Brambleton Avenue, Roanoke, VA 24018; 540-774-0613, Fax 540-774-9554; Web site: www.countrycookin.com.

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Stern Capital Investments, Inc. trades as Star Bakeries and Bruegger’s Bagels at two locations in Boca Raton, FL. The restaurants occupy spaces of 1,800 sq.ft. to 2,200 sq.ft. in strip centers and endcaps, Plans call for one opening in Broward, North Dade or Palm Beach, FL during the coming 18 months. Typical leases run five years with three, five-year options. Preferred demographics include a population of 15,000 to 18,000 within two miles earning $30,000 as the median household income. For more information, contact Avi Stern, Stern Capital Investments, Inc., 1446 Northwest 2nd Avenue, Suite 101, Boca Raton, FL 33432; 561-347-5151, Fax 561431-0892; Email: avi@sterninv.com; Web site: www.brueggers.com. Fili Enterprises, Inc. trades as Daphne’s Greek Café at 85 locations throughout AZ, CA, CO, OR and WA. The fast-casual restaurants occupy spaces of 2,000 sq.ft. in entertainment and specialty centers, as well as urban/downtown areas. Growth opportunities are sought throughout AZ, CA and CO during the coming 18 months. Specific improvements are required. Preferred cotenants include movie theaters, Trader Joe’s and Whole Foods Market. Preferred demographics include a population of 50,000 within two miles earning $100,000 as the average household income. For more information, contact Ed Hoban, Fili Enterprises, Inc., 6125 Cornerstone Court East, San Diego, CA 92121; 858-7840811; Email: eh@daphnes.biz; Web site: www.daphnesgreekcafe.com. Dunkin’ Donuts operates 8,835 locations nationwide. The doughnut shops, offering coffee, baked goods, bagels, breakfast sandwiches and beverages, occupy spaces of 800 sq.ft. to 1,800 sq.ft. in freestanding locations, urban storefronts, pad sites and endcap spaces of shopping centers. Growth opportunities are sought throughout Ballston and Rosslyn, VA and the U Street corridor, central business districts, New York Avenue Northeast corridor and southeast and southwest areas of Washington, DC during the coming 18 months, with representation by Capital Retail Group. For more information, contact Robert Tack or Jeremy McMillan, Capital Retail Group, 1401 14th Street Northwest, 3rd Floor, Washington, DC 20005; 202-319-2884 or 202-683-4059, Fax 202-315-3527; Email: robert@capitalretailgroup.com; Web site: www.capitalretailgroup.com. (continued on page eighteen)

IS YOUR REAL ESTATE WORKING...

against

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For

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At DJM Realty, we help our clients reduce their retail real estate exposure by disposing of under-performing lease and fee-owned real estate and renegotiating occupancy costs. We also put our own capital to work by making strategic retail real estate acquisitions. But we don’t stop there. As seasoned retail real estate executives, we understand the challenges that both retailers and landlords face in today’s market. We use that knowledge to create customized real estate solutions that work for everyone. To date, we’ve disposed of 500 million square feet of retail space, mitigated $4 billion in lease liabilities, and obtained rent concessions on over 6,000 retail locations.

Unlocking the value of your real estate.

Andy Graiser agraiser@djmrealty.com 631.927.0029

Emilio Amendola eamendola@djmrealty.com 631.927.0023

Peter Lynch plynch@djmrealty.com 213.533.1042

w w w. d j m r e a l t y. c o m

Representative 2009 Clients

Michael Jerbich mjerbich@djmrealty.com 312.928.1900

Who’s Opening and Where Nordstrom, Inc. (206-628-2111) will open a Nordstrom Rack location on Union Square South, between Broadway and 4th Avenue, in the Union Square area of Manhattan, NY during the spring of 2010. The store will occupy a 32,136 sq.ft. former Virgin Megastore. The opening will be the company’s only presence in Manhattan, NY, as it continues to scout locations in the city for a 160,000 sq.ft. Nordstrom location. Barney’s New York (888-222-7639) will open a store at Scottsdale Fashion Square, located in Scottsdale, AZ, during October. The tenant will anchor a wing featuring 100,000 sq.ft. of shop space. Other tenants slated to open in the new wing during October include True Religion, Ed Hardy, Michael Stars, Forever 21, Marcella’s Ristorante, Modern, J. Crew, Banana Republic and Stash Clothing. O’Reilly Automotive, Inc. (417-862-3333) will open a 7,600 sq.ft. O’Reilly Auto Parts store located along Sunset Avenue in Rocky Mount, NC later this month. The company currently operates 3,337 stores, offering automotive aftermarket parts, tools, supplies, equipment and accessories, nationwide.

Microsoft Corp. (425-882-8080) will open Microsoft stores in select markets nationwide this fall, including locations in Scottsdale, AZ and Mission Viejo, CA, as part of a plan to operate stores nationwide and internationally. The stores will feature laptop, mobility gaming and software products. Limited Brands, Inc. (614-415-7000) plans to open six Henri Bendel stores this year. The stores typically occupy spaces of 2,000 sq.ft. and offer a full range of women’s accessories. All merchandise features the brand’s logo or its signature brown-andwhite stripe pattern. The company is also remodeling its Henri Bendel store located along Fifth Avenue in New York, NY, eliminating apparel and reducing the store’s selling space to include only accessories, beauty products and gift items. The company currently operates Henri Bendel stores in CA, FL, MI, NY and OH. Best Buy Co., Inc. (612-291-1000) will open a 46,000 sq.ft. Best Buy electronics store in a former Circuit City site located along Union Square South in Manhattan, NY before year’s end.

Costco Wholesale Corp. (425-313-8000) will open a Costco location in East Harlem, the company’s first location in Manhattan, NY. Kin’s Farm Market, Ltd. (604-272-2551) looks to open Kin’s Farm Market locations throughout Canada as part of an attempt to grow to 75 units by 2014. The company is also considering expansion through franchisees. The company currently operates 26 of the stores, selling fresh produce, throughout Canada. Five Below, Inc. (215-546-7909) plans to open four Five Below stores in the Pittsburgh, PA metropolitan area before the end of the year. The first store, located in the Waterworks Shopping Center, will open during the fall and will mark the company’s 100th opening. The company is opening a total of 20 stores this year and looks to open between 30 and 40 stores next year. The company plans to eventually open 10 to 15 stores in the Pittsburgh, PA metropolitan area. The chain currently operates 80 stores, selling trendy products priced between $1 and $5, throughout DE, MA, MD, NH, NJ, PA, VA and WV. (continued on page sixteen)

Choosing the Right Site is Crucial to Your Success Avoid Investing in Locations That Won’t Meet Your Revenue Expectations. It is imperative in today’s economy that you are right about your site location decisions. One bad site choice can cost you millions in lost revenue. Nielsen Claritas provides accurate answers to the following questions: • Where should I open new sites? • Which unproductive sites should I close? • Where are my best opportunities for expansion? With accurate demographics, robust technology and the largest partner network in the industry, our state-of-the-art solutions transform site location strategies into actionable plans for success.

page 12

August 21, 2009

The

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s at ICSC’s RECon Booth #5000.

A national WOMENâ&#x20AC;&#x2122;S specialty retailer. A national WOMENâ&#x20AC;&#x2122;S specialty retailer. A national WOMENâ&#x20AC;&#x2122;S specialty retailer.

The company The company The company operates operates moreoperates than more thanthan 400 more stores stores 400 stores in 26400 states. 26 states. in 26instates.

Dots three year growth plan includes opening an additional 150 stores. Dotsgrowth three year plan includes Dots three year plangrowth includes Site Criteria opening an150 additional 150 stores. opening ancenters, additional stores. * Power regional and community shopping centers with national deepCriteria discount anchors, dominant supermarket or discount Site Sitetenants, Criteria apparel anchors * Power centers, and community shopping with national * Power centers, regional andregional community shopping centers withcenters national tenants, deep discount anchors, dominant supermarket or discount tenants, deep discount anchors, dominant supermarket or discount * Targeting 4,000 to 5,000 square feet with a minimum 40 foot storefront apparel anchors apparel anchors

Demographic Profile

Targeting 4,000 to 5,000 feet with a40 minimum 40 foot storefront * Targeting *4,000 to 5,000 square feet square with a minimum foot storefront * Metropolitan, urban and suburban markets

Profile Demographic * Typical Demographic trade Profile area population of at least 75,000

* Metropolitan, urban andmarkets suburban markets * Metropolitan, urban and suburban * Median household income of $45,000 to $65,000 * Typical trade area population of at least 75,000 * Typical trade area population of at least 75,000 **Median household income of * Median household of $45,000 to $45,000 $65,000 to $65,000 Moreincome than 400 stores!

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* 26 states! 400 stores! than 400than stores! * More ** More 40+ new stores per year! states! states! * 26 ** 26 Growing to 1,000+ stores! new stores perstores year! per year! * 40+ * 40+ new 1,000+ stores! to 1,000+tostores! * Growing * Growing Estate Contacts

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440-349-7040 kkoenig@dots.com JohnKoenig Clark Kyle Koenig 440-349-7744 jclark@dots.com Kyle 440-349-7040 kkoenig@dots.com Real Estate Manager Director of Store Development Real Estate Manager

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440-349-7744 jclark@dots.com John Clark John Clark 440-349-7744 jclark@dots.com Director of Store Development Director of Store Development

www.dots.com www.dots.com

Buyers and Sellers (continued from page eight)

RCG Ventures is looking to acquire properties nationwide. Suitable properties feature GLAs above 50,000 sq.ft., can be anchored or unanchored, feature redevelopment, repositioning or value-added potential and are priced between $3 million and $50 million. The company will consider portfolios. The company also negotiated the sale of an IHOP located in Frisco, TX. The tenant was bound to a 20-year NNN lease commenced during April and featuring annual rent escalations of 1.25%. The company also negotiated the sale of an IHOP located in Valdosta, GA. The tenant was bound to a 20-year NNN lease commenced during January and featuring annual rent escalations of 1.25%. For more information regarding acquisitions, contact Jim O’Donnell or Parker Blanchard, RCG Ventures, 2970 Peachtree Road, Suite 805, Atlanta, GA 30305; 404-816-5454, Fax 404-816-5445; Emails: jimo@rcgventures.com and parkerb@rcgventures.com; Web site: www.rcgventures.com. For more information on the IHOP sales, contact Scott Tarbet; 404-816-5454 Ext. 31; Email: scott@rcgventures.com. Syndicated Equities is selling a 19,097 sq.ft. Tractor Supply Co. situated on 2.79 acres along North MacArthur Drive in Alexandria, LA. The tenant is bound to a 15-year NN lease commenced during October 2008 featuring five, five-year options and a 10% rent escalation at the first option, followed by a 5% rent escalation with each additional option. Area demographics include a population of 66,209 within a five-mile radius earning an average household income of $50,450. The asking price is $3.25 million. For more information, contact Ari Vinokur or Isaac Metzger, Syndicated Equities, 350 North LaSalle Street, Suite 800, Chicago, IL 60654; 312-640-9020/9018, Fax 312640-9021; Emails: avinokur@syneq.com and lmetzger@syneq.com; Web site: www.syneq.com. Colliers Spectrum Cauble negotiated the sale of Lakeside Place Shopping Center, an 82,033 sq.ft. center located along Electric Road in Salem, VA. A private buyer acquired the center from Centro Properties Group for $6.8 million. At the time of sale, the center was 90% occupied with tenants including Kroger, CVS, Subway and H&R Block. The company represented the seller in this transaction. For more information, contact Tony D’Ambrosio or Joe Montgomery, Colliers Spectrum Cauble; 404-252-2288; Email: tony.dambrosio@colliers.com. page 14

August 21, 2009

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REcor Real Estate Corp. of America is selling a development located along U.S. Highway 55 in Plymouth, MN. The Learning Experience is bound to the site under a 15year lease paying $240,000 annually in rent. Area demographics include a population of 100,000 within a five-mile radius earning an average household income of $90,000. The average daily traffic count is 33,000 vehicles. The asking price is $2 million. For more information, contact Jeffrey S. Draxten, REcor Real Estate Corp. of America, 17301 80th Place North, Maple Grove, MN 55311; 952-905-3282; Email: jdraxten@re-cor.com. Rushing Real Estate is selling a 7.59-acre parcel located at the intersection of Market Street and Interstate 5 Northeast in Salem, OR. Area demographics include a population of 194,571 within a five-mile radius earning an average household income of $49,251. The average daily traffic count is 89,900 vehicles. The company is also selling a 2,374 sq.ft. building with drive-thru facilities located along Commercial Street Southeast in Solea, OR. Area retail includes Winco, Walgreens and Rite Aid. Area demographics include a population of 157,898 within a fivemile radius earning an average household income of $65,000. The average daily traffic count is 40,000 vehicles. The asking price is $1.34 million. For more information, contact Bo RushingBarnes or Shadya Jones, Rushing Real Estate, 3110 25th Street Southeast, Salem, OR 97302; 503-588-8500, Fax 503-588-8744; Web site: www.rushinggroup.com. Newmark Knight Frank is selling a 10.5-acre parcel located at the intersection of Route 120 and Hainesville Road in Hainesville, IL. Area retail includes Walgreens, Starbucks and 7-Eleven. The site currently houses a 6,000 sq.ft. building. For more information, contact James Schutter or Luke Sementa, Newmark Knight Frank, 1 East Wacker Drive, Suite 3500, Chicago, IL 60601; 312-386-3149/3103; Emails: jschutter@newmarkkf.com and lsementa@newmarkkf.com; Web site: www.newmarkkf.com. Commercial Real Estate Advisors, LLC is looking to acquire centers and malls located throughout the western U.S. Suitable properties are priced above $20 million. For more information, contact Linda Montani, Commercial Real Estate Advisors, LLC, 2990 North Campbell Avenue, Suite 230, Tucson, AZ 85719; 520-290-3200, Fax 520-751-7465; Email: lmontani@cradvisorsllc.com; Web site: www.cradvisorsllc.com.

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Marcus & Millichap Real Estate Investment Services negotiated the sale of Paradise Junction, a 4,047 sq.ft. strip center located at the intersection of Route 144/Frederick Road and South Paradise Avenue in Catonsville, MD. AK Holdings, Inc. acquired the property from MDREParadise, LLC for $1.238 million with a Cap rate of 7.79%. The company’s Washington, DC office represented the buyer. The company is also selling a 7,000 sq.ft. Advance Auto site located along Fellsmere Road in Sebastian, FL. The asking price is $2.36 million with a Cap rate of 7.76%. The company is also selling an 8,000 sq.ft. Aaron Rents site located along East Andrew Johnson Highway in Greeneville, TN. The asking price is $1.08 million with a Cap rate of 8.75%. The company is also selling an 8,026 sq.ft. Aaron Rents site located along Williamson Road Northwest in Roanoke, VA. The asking price is $1.075 million with a Cap rate of 8.75%. The company is also selling a 4,947 sq.ft. Verizon Wireless site located along Mallory Lane in Franklin, TN. Area retail includes DSW, Best Buy, Old Navy, Ross Dress for Less, Party City, Target, Barnes & Noble, Costco, Toys “R” Us, Staples, Dick’s Sporting Goods, Marshalls, Kroger, Borders, Office Depot, T.J. Maxx, Chico’s, Whole Foods Market, Kohl’s, Sam’s Club, Wal*Mart, Home Depot, Publix, PetSmart, Michaels, Rooms To Go, La-Z-Boy and Cool Springs Galleria, featuring Macy’s, Dillard’s, JCPenney and Sears. The asking price is $3.27 million with a Cap rate of 8.01%. The company is also selling SunTrust Crossing, a 6,400 sq.ft. center anchored by SunTrust Bank and located along Glades Circle in Weston, FL. The asking price is $3.2 million with a Cap rate of 8.32%. The company is also selling a 9,100 sq.ft. Dollar General located along Ridgewood Avenue in Holly Hill, FL. The asking price is $1.625 million with a Cap rate of 8.75%. For more information regarding Paradise Junction, contact Marcus & Millichap Real Estate Investment Services, 1628 John F. Kennedy Boulevard, Suite 1200, Philadelphia, PA 191032106; 215-531-7000; Web site: www.marcusmillichap.com. For more information regarding the remainder of the properties, contact Barry M. Wolfe or Michael S. Zimmerman, 5900 North Andrews Avenue, Suite 100, Ft. Lauderdale, FL 33309; 954-245-3497/3501, Fax 954-245-3410; Emails: bwolfe@marcusmillichap.com and mzimmerman@marcusmillichap.com. (continued on page twenty-six)

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Who’s Opening and Where (continued from page twelve)

Sears, Roebuck and Co. (847-286-2500) will open a 7,260 sq.ft. Sears Home Appliance store at North Strand Plaza, located in North Myrtle Beach, SC, during November. The store, offering tools, appliances and lawn equipment, will join Big Lots at the center. The company currently operates 3,900 fullline and specialty stores nationwide and throughout Canada. Red Mango, Inc. (310-215-4888), through a franchisee, will open Red Mango frozen yogurt parlors throughout Dallas County, TX. The franchisee plans to open four stores this year, including locations at ilume Shopping Center, a mixed-use project, located along Cedar Springs Road in Dallas and along McKinney Avenue in Dallas, as well as a fifth location slated to open during the early part of 2010. The company currently operates 50 units nationwide and looks to operate 80 locations by year’s end. Whole Foods Market, Inc. (512-477-4455) has reduced its planned opening count from 25 to 30 Whole Foods Market stores opening this year to 15 units. The new stores occupy spaces of approximately 56,000 sq.ft.

Noodles & Co. (720-214-1900) plans to open 20 quick-casual restaurants, serving noodle dishes, soups and salads, this year and between 25 and 30 units during 2010. 99 Cents Only Stores (323-980-8145) plans to open between 10 and 12 locations this year, with all but two located in CA. The company plans to open between 15 and 20 stores during 2010, with the majority of openings in CA. The discount retailer cancelled plans to shutter all of its stores in TX, and currently operates 271 units throughout AZ, CA, NV and TX. Montres Journe SA (CH: +41 22 322 0909) plans to open a flagship F.P. Journe location along Madison Avenue in New York, NY. The store, offering luxury limited-production Swiss watches, will open during November. The company currently operates a store in Boca Raton, FL in addition to stores in Tokyo, Japan; Hong Kong; Paris, France and Geneva, Switzerland. Aaron’s, Inc. (404-231-0011) will open 200 Aaron’s rent-to-own stores during 2010. The company currently operates 1,500 stores nationwide and throughout Canada.

RE AL ES TATE

hhgregg, Inc. (317-848-8710) will open an hhgregg location in a former Circuit City site located along 14th Street West in Bradenton, FL, as part of a plan to open between 20 and 22 stores this year while entering the Tampa Bay, FL; Memphis, TN and Richmond, VA markets. The company also plans to open between 40 and 45 units during 2010. The company currently operates 112 stores nationwide, primarily in the Southeast, including 13 in FL. Bebe Stores, Inc. (415-715-3900) plans to convert its existing Bebe Sport stores to a new concept known as PH8 during November. The new concept will offer active street wear and performance products. The company currently operates 62 Bebe Sport stores nationwide and throughout Canada. Cartridge World USA (510-594-9900), through franchisees, plans to open Cartridge World stores during the next several years. The company has experienced limited expansion as banks have been more demanding on potential franchisees. The company currently operates 650 stores, offering printer cartridges and cartridge refill services, nationwide. (continued on page twenty)

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August 21, 2009

The

Dealmakers

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Retailers Expanding Throughout Florida and Nationwide (continued from page one)

FaĂ§onnable operates four locations throughout CA, FL and NY. The stores, offering better lines of apparel and accessories for men, women and young boys, occupy spaces of 3,000 sq.ft. in regional mall and upscale street front locations. Growth opportunities are sought nationwide during the coming 18 months, with representation by The Greenberg Group. Preferred cotenants include Burberry, Ferragamo, Saks, Neiman Marcus, Louis Vuitton and Hermes. Vince operates nine locations nationwide. The stores, offering better lines of men and womenâ&#x20AC;&#x2122;s apparel, occupy spaces of 1,500 sq.ft. in regional malls and upscale street front locations. Plans call for 10 openings during the coming 12 months, with representation by The Greenberg Group. For more information, contact Steven Greenberg, The Greenberg Group, 1200 West Broadway, Hewlett, NY 11557; 516-295-0406, Fax 516-374-0999; Email: sgreenberg@thegreenberggroup.com; Web sites: www.thegreenberggroup.com and www.faconnable.com. Meineke Car Care Centers, Inc. trades as Meineke Car Care Centers at 875 locations nationwide, throughout Canada and Central and South America. The automotive service centers

occupy spaces of 3,000 sq.ft. to 5,000 sq.ft. in freestanding locations, malls and strip centers. Growth opportunities are sought nationwide and internationally during the coming 18 months. Typical leases run 10 years. Preferred demographics include a population of 50,000 within 10 miles. Major competitors include Midas and Monro Muffler. The company is franchising. For more information, contact Jim Alderson, Meineke Car Care Centers, Inc., 128 South Tryon Street, Suite 900, Charlotte, NC 28202; 704-377-8855, Fax 704-377-9904; Web site: www.meineke.com. Save-A-Lot / Super Valu operates 1,100 locations nationwide. The supermarkets occupy spaces of 10,000 sq.ft. to 17,000 sq.ft. in endcaps, freestanding locations, strip and value centers and urban/downtown areas. Growth opportunities are sought throughout the existing market during the coming 18 months. Preferred demographics include a trade area population of 35,000 earning up to $35,000 as the average household income. Major competitors include Aldi. For more information, contact Director of Real Estate, 100 Corporate Office Drive, Earth City, MO 63045; 314-592-9100, Fax 314-592-9619; Web site: www.save-a-lot.com.

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Empire Beauty School operates 87 locations throughout AZ, CO, FL, GA, IL, IN, KY, MA, MD, ME, MI, MN, NC, NJ, NY, PA, RI, VA and WI. The centers, offering licensing training for cosmetology and hairstyling, nail technology and teacher of cosmetology courses, occupy spaces of 8,000 sq.ft. to 10,000 sq.ft. in endcaps. Growth opportunities are sought nationwide during the coming 18 months, with representation by Grubb & Ellis Co. The company prefers to locate in areas with ample parking and prominent signage. Planet Beach Contempo Spa operates 390 locations nationwide and internationally. The centers, offering massage, facial and tanning services all preformed via automated equipment, as well as skin care products, occupy spaces of 1,700 sq.ft. to 2,100 sq.ft. in freestanding locations. Growth opportunities are sought nationwide during the coming 18 months, with representation by Grubb & Ellis Co. For more information, contact Edward Goldmeier, Matthew Cooper or Glenn Ulick, Grubb & Ellis Co., 20 South Charles Street, Suite 902, Baltimore, MD 21201; 410-625-4202/4207/4205; Emails: edward.goldmeier@grubb-ellis.com, matthew.cooper@grubb-ellis.com and glenn.ulick@grubb-ellis.com; Web sites: www.grubb-ellis.com, www.empirebeauty.com D M and www.planetbeach.com.

Dealmakers

August 21, 2009

page 17

Exclusives and Leasing Assignments

Food Retailers Expand Nationwide

Katz & Associates Corp. (845-735-6666) represents Bruegger’s Bagels with the chain’s expansion throughout the Midtown area of Manhattan, NY, utilizing sites of 1,500 sq.ft. to 2,200 sq.ft. in areas with heavy foot traffic. Winick Realty Group (212-792-2606) represents Energy Kitchen with the chain’s expansion throughout Jersey City, NJ and Brooklyn and Manhattan, NY. The company is seeking spaces of 800 sq.ft. to 2,000 sq.ft. Edgemark Commercial Real Estate Services, LLC (630-572-5607) represents Burger King with the chain’s expansion throughout IL and northwestern IN. The fast-food restaurant occupies spaces of 2,600 sq.ft. in freestanding locations and pad sites situated on a land area of 35,000 sq.ft. in shopping centers with bigbox anchors and average daily traffic counts above 22,000 vehicles. MMTC Financial Corp. (818-606-2673) represents Verizon Wireless with the chain’s expansion throughout CA, utilizing spaces of 800 sq.ft. to 2,400 sq.ft. in malls and lifestyle and power centers. The wireless service provider prefers to locate in groceryand drug-anchored centers with trade-area demographics including a population earning $50,000 as the average household income. Baum Realty Group (312-275-3120/3117) represents Advance Auto with the chain’s expansion throughout the Chicago, IL metropolitan area north of Route 290 and Interstate 88, utilizing spaces of 6,200 sq.ft. to 6,500 sq.ft. in inline spaces and endcaps of shopping center outlots as well as freestanding buildings. JBG Rosenfeld Retail (301-657-7336/7343) represents Pep Boys with the chain’s expansion throughout VA and Washington, DC, utilizing spaces of 4,000 sq.ft. to 6,000 sq.ft. in existing freestanding buildings. Preferred sites for the auto parts chain feature trade-area demographics including a population earning $50,000 as the median household income, and average daily traffic counts above 22,000 vehicles. Lee & Associates – Temecula Valley (951445-4515) represents Shakey’s Pizza with the chain’s expansion throughout San Diego County in CA, utilizing sites of 6,000 sq.ft. to 6,500 sq.ft. in endcaps in shopping centers and freestanding locations. The company also represents GoWireless, Inc. with the chain’s expansion throughout southern CA, utilizing spaces of 900 sq.ft. to 2,000 sq.ft. in endcap spaces of regional malls and freestanding locations. Preferred cotenants include Target, Wal*Mart and Costco. DM page 18

August 21, 2009

The

(continued from page ten)

Pizza Rustica operates 14 locations throughout AR, CA, FL, MI and internationally. The gourmet pizzerias occupy spaces of 1,000 sq.ft. to 4,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout southern CA during the coming 18 months, with representation by Ira Spilky & Associates. The company prefers to locate in second-generation restaurants in Los Angeles County. Stone Oven - Gourmet Sandwiches and Salads operates three locations throughout CA. The restaurants occupy spaces of 1,200 sq.ft. to 2,000 sq.ft. in endcaps and inline spaces of shopping centers. Growth opportunities are sought throughout southern CA during the coming 18 months, with representation by Ira Spilky & Associates. The company prefers to locate in sites with outdoor patio space. For more information, contact Ira Spilky, Ira Spilky & Associates, 2566 Overland Avenue, Suite 660, Los Angeles, CA 90064; 310-558-3241; Email: ira@iraspilky.com; Web site: www.enjoystoneoven.com. Papa Gino’s, Inc. trades as Papa Gino’s at 180 locations throughout CT, MA, NH and RI. The Italian restaurants occupy spaces of 3,000 sq.ft. in freestanding locations and power, specialty and strip centers. Growth opportunities are sought throughout New England during the coming 18 months. Typical leases run 10 years. Specific improvements are required. Preferred cotenants include supermarkets and big box retailers. Preferred demographics include a population of 30,000 within three miles earning $40,000 as the average household income. For more information, contact Michael Rodelle, Papa Gino’s, Inc., 600 Providence Highway, Dedham, MA 02026; 781-467-1792, Fax 781-329-8796; Email: mrodelle@papaginos.com; Web site: www.papagino.com. OSI Restaurant Partners, LLC trades as Bonefish Grill at 150 locations nationwide throughout 30 states. The restaurants occupy spaces of 4,500 sq.ft. to 5,000 sq.ft. in endcaps of shopping centers. Plans call for 10 openings throughout the existing market during the coming 18 months. Preferred demographics include a population of 150,000 within five miles earning $65,000 as the average household income. For more information, contact Tim Martin, OSI Restaurant Partners, LLC, 2202 North West Shore Boulevard, Tampa, FL 33607; 813-282-1225, Fax 813-282-9195; Email: timmartin@bonefishgrill.com; Web site: www.bonefishgrill.com.

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Market Broiler Management trades as Market Broiler at five locations throughout CA. The casual seafood restaurants occupy spaces of 6,000 sq.ft. to 8,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing market during the coming 18 months. Preferred demographics include a population of 150,000 within five to seven miles earning $50,000 as the average household income. For more information, contact Rodney Couch, Market Broiler Management, 6104 Riverside Avenue, Suite B, Riverside, CA 92506; 951-682-9850, Fax 951-276-9975; Email: rodcouch@aol.com; Web site: www.marketbroiler.com. Farmer Boys Food, Inc. trades as Farmer Boys Restaurants at 65 locations throughout CA. The fast-casual restaurants occupy spaces of 3,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing market and NV during the coming 18 months. Typical leases run 20 years with four, five-year options. Preferred cotenants include home improvement retailers. The company is franchising. For more information, contact Don Tucker, Farmer Boys Food, Inc., 3452 University Avenue, Riverside, CA 92501; 951-275-9900, Fax 951-275-9930; Email: dtucker@farmerboys.com; Web site: www.farmerboys.com. Pepe’s, Inc. trades as Pepe’s Mexican Restaurant at 50 locations throughout IL and IN. The Mexican restaurants occupy spaces of 3,000 sq.ft. in freestanding locations and mixed-use and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 10 years with 10-year options. A vanilla shell and specific improvements are required. Preferred demographics include a population of 50,000 within three miles earning $40,000 as the average household income. For more information, contact Ed Ptak, Pepe’s, Inc., 1325 West 15th Street, Chicago, IL 60608; 312-733-2500, Fax 312-733-2564. DM

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Every growing retailer needs a little DRC. DRC owns, develops and operates over 4.7 million square feet of high-quality, vibrant retail shopping centers in ten states. We consistently strive for excellence and peak performance, and have a proven track record in generating traffic and building sales volume.

CROMWELL AVENUE SHOPS | ROCKY HILL, CT

New strip center anchored by CBT Bank. Great location on Cromwell Avenue just off Route 160 and I-91 in Hartford County. 11,500 SF office and retail space available with 4,200 SF approved for restaurant. Local area tenants include Starbucks, Big Y Supermarket, and CVS.

CROSS POINTE CENTRE | FAYETTEVILLE, NC

Located at the intersection of US 401 Bypass and Morganton Road, Cross Pointe Centre is a 237,167 SF power center anchored by Staples, T.J. Maxx, Bed Bath & Beyond, Shoe Carnival, ULTA and A.C. Moore. Cross Creek Mall is directly across the street. Other major retailers in the immediate area include Lowe’s, Target, Home Depot, Kohl’s and Hobby Lobby. 47,355 SF available in premier endcap space.

CROSS POINTE CENTRE | JACKSONVILLE, NC

196,214 SF power center featuring Marshalls, Books-A-Million, Old Navy, Shoe Carnival, Michaels, Lane Bryant, O'Charley's, Cracker Barrel, and Pet Warehouse. Located on Western Boulevard in Onslow County near the Jacksonville Mall. 2,000 to 27,000 SF available.

PALMERONE FARMS | NEWBURGH, NY

28,800 SF neighborhood center on 10-acre site located at the high-traffic intersection of Routes 300 and 17K near Lowe’s, Home Depot, Kohl’s, Target, Stewart Airport and more. Anchor tenants include Longhorn Steakhouse, Chili’s and Panera Bread. 4,128 SF in-line space and 2,300 SF pad available.

SHOPS at OLD YORK | YORK COUNTY, PA

New 16-acre retail development site located on Old York Road right off the Pennsylvania Turnpike. 75,000 SF available along with two 1.5-acre pads, adjacent to operating CVS. Will build to suit. The entire site is fully approved and also available for an outright sale.

NEWTOWN SHOPS on MAIN | WILLIAMSBURG, VA 433 South Main Street | West Hartford, CT 06110 T 860.561.0121 F 860.521.4323 developers-realty.com Kelly Voss | kelly@developers-realty.com

Now open! 253,000 SF retail center located on Monticello Avenue in the heart of a 365-acre mixed-use community featuring 1.7 million SF of specialty retail, office, residential and entertainment. Join Barnes & Noble, Old Navy, Panera Bread, Lane Bryant and many more! 1,171 to 10,778 SF retail space available. Two 9,000 SF on-site land parcels available for sale for office/retail.

Who’s Opening and Where (continued from page sixteen)

Hennes & Mauritz AB (212-564-9922) plans to open a 22,000 sq.ft. H&M store at Kenwood Towne Centre, located in Cincinnati, OH, during November. The store will occupy a first-floor space formerly occupied by Kenwood Cinemas. The company also plans to open a 16,000 sq.ft. store at Florence Mall, located in Florence, KY, during October. The store will occupy a first-floor space formerly occupied by Lane Bryant and Kirkland’s. The company currently operates 1,800 units, selling inexpensive fashion apparel for men and women, nationwide and internationally throughout 30 countries.

Wal*Mart Stores, Inc. (479-273-4000) plans to open a 140,000 sq.ft. Wal*Mart at New Lenox Town Center, located at the intersection of Route 30 and Williams Street in New Lenox, IL, during November 2010. Joining the tenant at the center are White Castle, AutoZone and Discount Tire. The company also plans to open two 185,000 sq.ft. Wal*Mart Supercenter locations, featuring full grocery departments in addition to the general merchandise departments found in all Wal*Mart locations, in Regina and Saskatoon, Saskatchewan, Canada during the early part of 2010. The company currently operates 312 locations throughout

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. mAjor tenAntS Marshall’s Haverty’s Pier One Imports Walgreen’s PF Chang’s Men’s Wearhouse Borders Sweet Tomatoes (Coming Soon)

courtelis company 703 Waterford Way, Ste 800 Miami, FL 33126 305.261.4330 Fax 305.261.4338 www.courtelis.com page 20

locAtion

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 21, 2009

The

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Canada, including 58 Supercenters. The company looks to operate 82 Wal*Mart Supercenter locations in the country by year’s end. Taylor Gourmet (202-684-7001) will open a Taylor Gourmet Deli restaurant at CityVista, located in the Mount Vernon Triangle area of Washington, DC, during the early part of 2010. The restaurant, including a deli offering authentic Italian hoagies, also features an Italian market, offering cured meats, cheeses, pastas and wines from all regions of Italy, and will be powered by alternative environmentally-friendly energy sources. The tenant joins Kushi, Busboys and Poets, Results Gym and 5th Street Hardware. Aeropostale, Inc. (646-485-5398) will open an Aeropostale apparel store in Lenox Square, a mall located in the Buckhead area of Atlanta, GA, during the fall. Also opening at the center during the fall are Blue Corset Co., offering fine lingerie; Carol’s Daughter, offering natural hair and beauty products; Façonnable, offering men’s and women’s apparel from France; LoveSac Alternative Furniture Co., offering TV-room furnishings, and Rowdy, offering designer menswear. Big Lots, Inc. (614-278-6800) looks to open 45 Big Lots stores this year. The company recently opened a 19,000 sq.ft. store in a former Grampa’s Bargain Outlet site located along Route 44 in Taunton, MA. The stores offer discounted, overstock and close-out goods. The company currently operates 1,400 units nationwide throughout 47 states. Z-Burger (202-966-1999) plans to open eight restaurants throughout the Washington, DC and Baltimore, MD areas during 2010, as part of a plan to eventually operate 100 locations. Potential Baltimore locations include sites in White Marsh and Columbia, MD along with sites in the Fells Point, Belvedere Square and Johns Hopkins Hospital areas of the city. The company currently operates two restaurants, offering burgers and 75 flavors of milkshakes, in the Washington, DC metropolitan area. DM

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Coral Square Shoppes 3006 South US Highway 1, Ft. Pierce, Florida, 34982 Phase 1 Under Construction Anchored by Save-A-Lot

Tulepan Management LLC has started 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 will be anchored by a 17,000sf SAVE-A-LOT Food Store and 25,000sf of retail space in two buildings. When completed, the project will consist of retail, restaurant, entertainment and office components. Financing for Phase 1 of the project is being provided by the City of Fort Pierce, in conjunction with the Federal Government’s HUD 108 Loan Program. The project was the first if 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 is Kenneth McGee PA, and the general contractor is 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

Lease Signings Investment Management Associates, Inc. (305-661-0110) negotiated lease renewals with Mail Net Center Communications, Inc. for a 1,500 sq.ft. The UPS Store and with Jackson Hewitt for 700 sq.ft. at Sunset West Shopping Center, located at the intersection of Southwest 72nd Street/Sunset Drive and Southwest 87th Avenue in Coral Gables, FL. Cotenants include Winn-Dixie, Lady of America, WaMu and Subway. The company also negotiated a lease renewal with Safran Enterprises Corp. for a 3,000 sq.ft. Discount Liquors at Quail Heights Plaza, a 100,000 sq.ft. center located at the intersection of Southwest 186th Street/Quail Roost Drive and 117th Avenue in Miami, FL. Cotenants include Winn-Dixie, CVS, Rent-A-Center and KFC/Taco Bell. The company also negotiated a lease with Casanova’s Minimarket, Inc. for 825 sq.ft. at Boykin Center, a 100,000 sq.ft. power center located at the intersection of Northwest 36th Street and 79th Avenue. The tenant joins Intercredit Bank, El Tropico Restaurant and Edible Arrangements. The company also negotiated a lease with Bike Masters Corp. for 2,100 sq.ft. and a lease renewal with Signs-To-Go, Inc. for 1,350 sq.ft. at Crossroads Shopping Center, located at the intersection of North Kendall Drive and Southwest 117th Avenue in Miami, FL. Cotenants include Food Spot, Dairy Queen and Giardino Gourmet Salads. The company also negotiated a lease with The Cancer Health Store, LLC for 1,084 sq.ft. at Miramar Crossings, a 30,000 sq.ft. center located at the intersection of Miramar Parkway and Red Road. The tenant joins IHOP, Subway, Allstate Insurance, T-Mobile, L&L Market Bistro, Save On Cleaners and Massimo’s. The company also negotiated a lease with Fade Kings Barbershop for 1,175 sq.ft. at Calusa Centre, a 36,900 sq.ft. center located at the intersection of Southwest 112th Street and Southwest 137th Avenue in Miami, FL. The tenant joins Discount Auto, Liberty Tax Service, Children’s Clubhouse and Chuck Wagon Restaurant. The company also negotiated a lease with Party Depot for 2,720 sq.ft. at Biscayne Plaza, located at the intersection of Biscayne Boulevard and Northeast 144th Street in North Miami Beach, FL. The tenant joins Oxxo Care Cleaners, Boogalu Café and Connection Hair & Nails.

Katz & Associates (800-835-0939) negotiated leases with United Retail, Inc. for a 4,400 sq.ft. Avenue at Danbury Square Shopping Center, located in Danbury, CT and for a 5,500 sq.ft. Avenue at Townline Square Shopping Center, located in Meriden, CT. The company also negotiated a lease with Eastern Mountain Sports for 18,000 sq.ft. on Broadway in New York, NY. The company also negotiated a lease with Five Guys Famous Burgers and Fries for 3,000 sq.ft. at Rockland Plaza, located in Nanuet, NY. The company also negotiated leases with Francesca’s Collections for 1,500 sq.ft. at Destin Commons, located in Destin, FL and for 1,600 sq.ft. at The Falls, located in Miami, FL. The company also negotiated leases with Hair Cuttery for 1,200 sq.ft. at Canyon Town Center, located in Boynton Beach, FL and for 1,200 sq.ft. at Shoppes at Woolbright, also located in Boynton Beach, FL. The company also negotiated a lease with IHOP for a 4,900 sq.ft. freestanding building located on U.S. Highway 192 in St. Cloud, FL. The company also negotiated leases with Jos. A. Bank for 4,500 sq.ft. at Shoppes at Cross Keys, located in Gloucester, NJ; for 4,500 sq.ft. at Plymouth Meeting Mall, located in Plymouth Meeting, PA, and for 3,900 sq.ft. at Barnes Crossing Mall, located in Tupelo, MS. The company also negotiated leases with Retro Fitness for 10,666 sq.ft. at Kmart Shopping Center, located in North Plainfield, NJ and for 10,000 sq.ft. on Owens Drive in Wayne, NJ. The company also negotiated a lease with Shoe Carnival for 11,446 sq.ft. at Stones River Mall, located in Murfreesboro, TN. The company also negotiated a lease with Verizon Wireless for a 4,000 sq.ft. space in Pueblo, CO.

Tulepan Management, LLC (954-603-0455) signed a 10-year lease with Florida Career College for 27,000 sq.ft. with an aggregate rent of $4.5 million at Catalina Shoppes, located on Congress Avenue in Boynton Beach, FL. The tenant joins Marshalls and Shaq’s 24 Hour Fitness. Grubb & Ellis represented the tenant in the transaction.

Thompson Thrift Development (888-8411540) signed a 15-year lease with Kiddie Academy for 10,000 sq.ft. in Geist Landing of Fishers, a 14,040 sq.ft. multi-tenant retail building located at the intersection of 116th Street and Olio Road in Carmel, IN. Coldwell Banker represented the tenant in the transaction.

page 22

August 21, 2009

The

Metro Commercial Real Estate, Inc. (856222-3015) negotiated the following leases with Target: for 135,000 sq.ft. at Cheltenham Square, located on West Cheltenham Avenue in Cheltenham, PA; for 134,000 sq.ft. at Upland Shopping Center, located on Route 100 in Pottstown, PA; for 125,400 sq.ft. at Exeter Commons, located on Route 42 Bypass in Exeter, PA; for 133,000 sq.ft. at Lower Nazareth, located at the intersection of Route 248 and Route 33 in Easton, PA, and for 126,000 sq.ft. at Airport Plaza, located on Route 22/Airport Road in Allentown, PA.

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Sansone Group (314-727-6664) negotiated a lease with Eureka Butcher Haunted House for 30,979 sq.ft. at Hilltop Village Shopping Center, located in Eureka, MO. The company represented the landlord in the transaction. The company also negotiated leases with GameStop for 2,800 sq.ft. and with Cold Stone Creamery for 1,400 sq.ft. at Shoppes at Cross Keys, located on New Halls Ferry Road in Florissant, MO. The company represented the landlord, Sansone Cross Keys, LLC, in these transactions. The company also negotiated a lease with Gordmans, Inc. for 60,137 sq.ft. at Fairview Heights Plaza, located on Ludwig Drive in Fairview Heights, IL. The company represented the landlord, Fairview Heights Investors, Inc., in the transaction. The company also negotiated a lease with Salvato’s Cioccolato & Confections, Inc., for 2,370 sq.ft. at Paul Brown Lofts, located on Olive Boulevard in St. Louis, MO. The company represented the landlord, Paul B GP, LP, in the transaction. The company also negotiated a lease with Clean Gene’s, Inc. for 2,747 sq.ft. at Ronnie’s Plaza, located in St. Louis, MO. The company represented the landlord, Ronnie’s Plaza, Inc., in the transaction. Mid-America Real Estate – Wisconsin, LLC (414-273-4600) negotiated a lease with HuHot Mongolian Grill for 5,500 sq.ft. at Southport Plaza, located at the intersection of Highway 50 and Green Bay Road in Kenosha, WI. The company represented the tenant and the landlord, Southport Plaza Shopping Center Limited Partnership, in the transaction. The company also negotiated a lease with Halloween Boutique for 11,394 sq.ft. at Northwest Fashion Square, located on West Brown Deer Road in Milwaukee, WI. The company represented the tenant in the transaction. The company also negotiated a lease with Halloween USA for 18,090 sq.ft. on South Koeller Street in Oshkosh, WI. The company represented the landlord, Rollie Winter & Associates, in the transaction. NAI Friedland Realty (914-968-8500) negotiated a lease with Brightside Academy for 10,000 sq.ft. on Westchester Avenue in Bronx, NY. The company also negotiated a lease with Premier Rx, Inc. for 1,200 sq.ft. on West Burnside Avenue in Bronx, NY. The company also negotiated a lease with Camper, Inc. for 2,380 sq.ft. on Madison Avenue in Manhattan, NY. The company also negotiated a lease with Liberty Travel for 1,200 sq.ft. on Second Avenue in Manhattan, NY. The company also negotiated a lease with Verizon Wireless for 2,900 sq.ft. on Bronxwood Avenue in Bronx, NY. (continued on page thirty)

We Turn Contenders Into Champions. We’ve always had a winning attitude. That’s why Milbrook Properties has been able to amass an impressive portfolio of high-quality retail locations in vibrant markets throughout the East coast. Our strategy combines over seventy-five years of calculated acquisitions, strong management, aggressive leasing – and the ability to go the distance. Our flexible internal structure enables us to move swiftly to support our properties, tenants and the communities we serve. If you want to join a winner, contact us today and discover the competitive edge that results from experience, adaptability and an overwhelming desire to succeed.

RETAIL AVAILABILITIES FLORIDA Coral Springs Court | Coral Springs Stonegate Bank, Huntington Learning Center 629 SF – 2307 SF Flamingo Market Place | Pembroke Pines Bravo, 21st Century Oncology, Bank of America 1200 SF – 4855 SF FMS Corners | Pembroke Pines Quiznos, Hear X, Asian Buffet 1985 SF – 2535 SF Hollywood Palms | Hollywood Publix, Walgreens, Dade Medical College 1140 SF – 10,000 SF Shoppes at Margate | Margate Pet Supermarket, Super Food Store 1500 SF – 3400 SF Shoppes at Pembroke | Pembroke Pines Michaels, Weight Watchers 1200 SF – 3840 SF

NEW JERSEY Aviation Marketplace | Linden Target, Home Depot, ShopRite, AMC Theatres 9320 SF Edison Plaza | Edison ShopRite, Party Fair, Capital One Bank 2816 SF – 2867 SF Princeton Meadows | Plainsboro Asian Food Market, Subway, Kumon Learning 1163 SF – 2000 SF

Bohemia Commons | Bohemia IGA, CVS, Lucille Roberts 800 SF Cherry Valley Plaza | West Hempstead Mandee, Pet Supplies Plus, Payless Shoes 4000 SF Huntington Shoppes | Huntington Station Carvel, Aid Auto 3360 SF – 5000 SF Kenmor Plaza | Seaford Blockbuster, Flynn & O’Hara Uniforms 2013 SF

Royal Plaza | East Windsor City Streets Café, Citi Financial, Allstate 2000 SF

Lake Shore Plaza | Lake Ronkonkoma Waldbaum’s, Radio Shack, Chase Bank 1120 SF – 9614 SF

NEW YORK Baldwin Square | Baldwin Best Buy, Applebee’s 800 SF – 4200 SF

Nanuet Mall South | Nanuet Premier Fitness, Jenny Craig, Quest Diagnostics 1500 SF – 2500 SF

Bay Shore Commons | Bayshore Stop & Shop, Rite Aid, Blockbuster 1450 SF – 1700 SF Bethpage Commons | Bethpage DMV, Autobarn, Dunkin’ Donuts 3025 SF – 5000 SF

Spring Valley Marketplace | Spring Valley Michaels, Bed Bath & Beyond, Christmas Tree Shops 1174 SF – 4400 SF Tali Plaza of Nyack | Nyack Riverspace Arts Theater, Subway, H&R Block 1339 SF – 2289 SF

For more information, please contact: Charles Hirsch chirsch@milbrookproperties.com Tom LiPuma tjlipuma@milbrookproperties.com | Rubin Pikus rpikus@milbrookproperties.com 42 Bayview Avenue | Manhasset, NY 11030 | T 516.869.1240 F 516.869.8576 | www.milbrookproperties.com

New Construction (continued from page three)

Barclay Group is preleasing Market at Salem Cove, a center located at the intersection of Highway 99/Murfreesboro Pike and St. Andrews Drive in Murfreesboro, TN. Publix anchors the center and cotenants include Heritage Cleaners and Luxy Nails. Area retail includes Walgreens. Spaces of 1,400 sq.ft.; 2,100 sq.ft.; 3,500 sq.ft. and 4,156 sq.ft. are available. Area demographics include a population of 27,494 within a three-mile radius earning an average household income of $64,182. The average daily traffic count is 21,134 vehicles. The center is slated to open during 2010. The company is also preleasing Publix at Bison Trial Village, a 78,588 sq.ft. center situated on 12 acres at the intersection of Big Station Camp Boulevard and Bison Trail in Gallatin, TN. Publix anchors the center and divisible spaces of 9,800 sq.ft. and 11,188 sq.ft. are available along with outlots of 1.06 acres and 1.22 acres. Area demographics include a population of 37,504 within a five-mile radius earning an average household income of $71,457. The center is slated to open during 2010. For more information regarding leasing, contact Matt Fuller, Barclay Group, 1123 Overcash Drive, Dunedin,

FL 34698; 727-733-7585 Ext. 324; Email: mfuller@barclaygroupeast.net; Web site: www.barclaygroup.net. For more information regarding outlots, contact Kandi Carpenter; 727-733-7585 Ext. 320; Email: kcarpenter@barclaygroupeast.net. The Rotella Group, Inc. is preleasing a 52,000 sq.ft. strip center located at the intersection of North Federal Highway and Northeast 38th Street in Ft. Lauderdale, FL. Ashley Furniture anchors the center and a 22,000 sq.ft. space is available. Area retail includes La-Z-Boy, City Furniture, Carl’s Furniture, Baer’s Furniture, LA Fitness and Office Depot. Area demographics include a population of 281,762 within a five-mile radius earning an average household income of $66,841. The average daily traffic count is 47,500 vehicles. The asking rent is $20 psf with CAM of $2 psf and taxes of $3 psf. The center is slated to open during the spring or summer of 2010. For more information, contact William J. Rotella, The Rotella Group, Inc., 3300 North Federal Highway, Suite 200, Ft. Lauderdale, FL 33306; 954-568-9015, Fax 954-5689597; Email: wjr@rotellagroup.com; Web site: www.rotellagroup.com.

Tampa, Florida

FIRC Group, Inc. is redeveloping West Gate, a 130,000 sq.ft. center located in Asheville, NC and expanding the project by 12,000 sq.ft. Cotenants include Plato’s Closet, Jason’s Deli, Bermuda Triangle and Silver Armadillo, with Jason’s Deli anchoring the expansion. The renovation broke ground this summer. For more information, contact Wes Reinhardt, FIRC Group, Inc.; 828-252-0218; Email: wreinhardt@fircgroup.com; Web site: www.fircgroup.com. Northeast Retail Leasing & Management Co., LLC is redeveloping Broad Street Plaza, located at the intersection of Green Manor Boulevard and Broad Street in Manchester, CT. Spaces of 10,000 sq.ft. and 18,000 sq.ft. are available along with two spaces of 35,000 sq.ft. and a pad site. Cotenants include Save-A-Lot. Area retail includes Cardio Express, Parkade Cinema, AutoZone, Rite Aid, Shaw’s Supermarket, Super Stop & Shop and Dollar Tree. Area demographics include a population of 432,908 within a 10-mile radius earning a median household income of $55,086. For more information, contact Northeast Retail Leasing & Management Co., LLC, 360 Bloomfield Avenue, Suite 303, Windsor, CT 06095; 860-683-9000, Fax 860-683-1600; Web site: www.northeastretail.com. DM

Columbus Plaza

North 50th Street

Anchor Position Available up to 32,000 sf (can subdivide)

us D lumb

East 14th Avenue

To I-4

North 50th Street

1. Bank of America 2. Available 3. Available 4. Chinese Restaurant 5. Family Dollar 6. Available 7. Available 8. Rock & Wash 9. Available 10. Sweet Bay Supermarket 11. Available 12. Available (temporary tenant in occupancy)

11 12

East 10th Avenue 04/09 FE239

oadway East Br

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Located in Hillsborough County at N. 50th St. & 14th Ave., at the new Exit 3 access ramp of I-4. N. 50th St. is a major 4-lane divided highway that is heavily built with commercial and retail properties. Columbus Dr. is just to the north and Broadway (Hwy. 57) is just to the south. The new on/off ramp from I-4 to N. 50th St. brings customers to the front door of the shopping center.

Pylon

Not Included

Avenue

August 21, 2009

Columbus Plaza

East

rive

Drive Thru

East 14th Avenue

East 10th Avenue

Join: Sweet Bay Supermarket -37,712 sf Family Dollar -8,580 sf Bank of America -4,994 sf

East

s Drive

lumbu

East Co

The

Dealmakers

Demographics

way

Broad

3 mile

Population 2012 (projection) 64,072 2007 (estimate) 57,704 Average HH Income 2012 (projection) $45,923 2007 (estimate) $40,100

4,994 sf 5,157 sf 6,375 sf 1,200 sf 8,580 sf (32' x 156') 5,000 sf (67' x 156' irr.) 10,430 sf 1,500 sf (44' x 80' irr.) 3,520 sf 37,712 sf (104' x 216') 22,523 sf (61' x 155') 9,485 sf (35' x 126' irr.) (50.6' x 126')

www.dealmakers.net

Aven

5 mile 211,394 189,958 $65,225 $54,209

Management LLC Thomas G. Mirandi 212-265-6600 x239 212-265-8250 fax tmirandi@rdmanagement.com

Re fo tai R lS le pa aS ce e

Baton Rouge, La 9450 Airline Hwy. Space Available 1,750 SF

MapLe Shade, nJ 490 S. Lenola Rd. Space Available 8,000 SF divisible

ediSon, nJ

1-800-456-4952

687 U.S. Route 1

Marty O’Boyle x3505 Bill Ring x3510 Kim Hoye x3500 Eric LeBlanc x3501

Space Available 8,443 SF divisible

MoBiLe, aL I-65 & Airport Blvd.

946 S. Willow Rd. Space Available 1,600 SF Endcap

6330 Winchester Rd. Space Available 5,500+/– SF

445 W. Dekalb Pike/Rt 202. Space Available 2,700 SF Endcap

MonRoeviLLe, pa JohnStown, pa

gReenSBuRg, pa

1185 E. Pittsburgh St. Space Available 1,500 – 4,500 SF

South hiLLS, pa

232-G S. Calderwood St. Office/Retail Space Available Large & Small

MeMphiS, tn

CheSapeake, va

1648 S. Military Hwy. Freestanding Bldg. Available 5,000 SF divisible

king oF pRuSSia, pa

2804 Wilma Rudolph Blvd. Space Available 1,900 SF

aLCoa, tn

1750 N. Highland Rd. Office/Retail Space Available 800 – 3,000 SF

ManCheSteR, nh

South hiLLS, pa

1410 W. New Haven Ave. Retail/Auto Service Space Available: 3,500 SF +/–

CLaRkSviLLe, tn

MeLBouRne, FL

Space Available 17,000 SF divisible 3968 William Penn Hwy. Space Available 1,600 SF Freestanding

1001 Broad St. Office/Retail Space Available Large & Small

Route 19/South Hills Space Available 23,000 SF divisible

Telephone: 800-456-4952 | frontdesk@commerce-group.com

Buyers and Sellers (continued from page fourteen)

Weichert Commercial Brokerage, Inc. is selling a two-building retail site located along Route 22 East in Green Brook, NJ. The property includes an 8,103 sq.ft. singlestory building and an 11,046 sq.ft. two-level building. For more information, contact David Chippendale, Weichert Commercial Brokerage, Inc., 225 Littleton Road, Morris Plains, NJ 07950; 973-267-7778, Fax 973-267-5432; Web site: www.weichertcommercial.com. Riser Retail Group is selling a 5,800 sq.ft. LongHorn Steakhouse site located in Olathe, KS. The tenant is bound to a ground lease. The asking price is $1.55 million with a Cap rate of 7.7%. The company is also selling a 6,500 sq.ft. Houlihan’s site located in Olathe, KS. The tenant is bound to a ground lease. The asking price is $1.55 million with a Cap rate of 7.7%. Both properties are outlots to Olathe Gateway. For more information, contact Gail Moore, Riser Retail Group, 280 East 96th Street, Suite 225, Indianapolis, IN 46240; 317-844-0700, Fax 317-844-0701; Email: gmoore@riserretailgroup.com; Web site: www.riserretailgroup.com.

Plaza Advisors is selling Market at Southside, a 95,128 sq.ft. center located at the intersection of Orange Avenue and Michigan Street in Orlando, FL. The center is 93% leased with tenants including Ross Dress for Less, Dollar Tree, Beall’s Outlet, Panera Bread, Dots, Firehouse Subs, GameStop, Goodwill Industries and Payless ShoeSource. The asking price is $8.95 million with a Cap rate of 8.4%. For more information, contact Jim Michalak, Plaza Advisors, 3412 Bay to Bay Boulevard, Tampa, FL 33629; 813837-1300, Fax 813-831-2627; Email: jim.michalak@plazadvisors.com; Web site: www.plazadvisors.com. Or Anthony Blanco, 5201 Blue Lagoon Drive, Suite 846, Miami, FL 33126; 305-629-3606, Fax 305-647-6441; Email: anthony.blanco@plazadvisors.com. Advisors Retail is selling a 5,766 sq.ft. retail space located along Harrison Avenue in the SoWa area of Boston, MA. The asking price is $1.5 million. For more information, contact Jason S. Weissman, Advisors Retail, 715 Boylston Street, Boston, MA 02116; 617-850-9608; Email: jweissman@bradvisors.com; Web site: www.advisorsretail.com.

Maxim Commercial Real Estate, LLC is selling a 26,406 sq.ft. parcel located in Punta Gorda, FL. The property is suitable for a mixed-use development. The average daily traffic count is 22,150 vehicles. The asking price is $895,000. For more information, contact Pete Walsh, Maxim Commercial Real Estate, LLC, 1873 Manzana Avenue, Punta Gorda, FL 33950; 941-621-2202, Fax 941-621-2904; Email: pwalsh@maximcomre.com. Colliers International negotiated the sale of a one-acre McDonald’s site located in Bentonville, AR. The tenant is bound to the site under a 20-year ground lease. Kusell Family Trust acquired the property from SDI Realty. The company represented the seller in this transaction. For more information, contact Chris Winters, Colliers International; 713830-2106, Fax 713-986-4406; Email: cwinters@collierstexas.com. RIDA Associates, LP is looking to acquire freestanding locations, malls and strip, power and outlet centers throughout FL. Suitable properties feature GLAs above 50,000 sq.ft. and value-added, reposition or redevelopment opportunities, and are priced above $5 million with a Cap rate above 9%. For more information, contact Michael Weinberg, RIDA Associates, LP, 8390 Championsgate Boulevard, Suite 104, Championsgate, FL 32801; 407-397-2500; Email: mweinberg@championsgate.com; Web site: www.ridadev.com. Massey Knakal Realty Services negotiated the sale of a 4,298 sq.ft. building with three retail storefronts located along Jamaica Avenue in the Woodhaven area of Queens, NY. The buyer acquired the site for $1.1 million as part of a 1031 transaction. The sale price represented a 7% Cap rate. For more information, contact Massey Knakal Realty Services, 275 Madison Avenue, 3rd Floor, New York, NY 10016; 212-696-2500.

And we pay in cash. AEI has been buying existing, to-be-built, and/or sale-leaseback net lease properties nationwide for more than three decades. And we’ve always been all-cash. No debt means quick decisions, fast closings and no delays. When it comes to commercial acquisitions, no one stacks up to AEI. For more information, contact George Rerat today.

CALL 651-227-7333

OR EMAIL GRERAT@AEIFUNDS.COM August 21, 2009 The Dealmakers_AEI_BUYING_OneThirdPage_AD.indd 1

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Quality Investments. Quality Performance. Since 1970. Dealmakers

www.dealmakers.net

10/4/07 3:46:05 PM

Thompson Thrift negotiated the sale of a 16,814 sq.ft. center situated on 11 acres along Thompson Road in Indianapolis, IN. At the time of sale, Dollar General anchored the site. Included in the sale was a one-acre parcel located along Commerce Road in Lafayette, IN. For more information, contact Thompson Thrift, 901 Wabash Avenue, Suite 300, Terre Haute, IN 47807; 812235-5959, Fax 812-235-8122; Web site: www.thompsonthrift.com. (continued on page twenty-eight)

Sources of Financing Better Loans & Realty Corp. provides hard money loans starting from $1 million for commercial properties nationwide, with loan-to-value ratios of 65% for commercial properties and 50% for entitled land. For more information, contact Joseph Perez, Better Loans & Realty Corp., 1026 Marion Drive, Glendale, CA 91205; 818-553-3829; Email: joseph.perez7185@sbcglobal.net; Web site: www.betterloansandrealty.com. Parham & Co. provides hard money financing in amounts from $250,000 to $50 million. The maximum loan-to-value ratio is 50% for raw land, 75% for the refinancing of commercial properties and 80% for acquisitions. Notes are available for terms of six to 36 months with interest rates ranging from 11% to 14%. For more information, contact Fred Parham, Parham & Co.; 804-943-3791; Email: lorenpar51@yahoo.com. Big Deals Consulting, LLC provides financing for the acquisition of existing shopping centers nationwide and internationally in amounts ranging from $5 million to $1 billion. Non-recourse financing is available for terms of 30 years with fixed interest rates of 6%. Joint venture financing is available in amounts above $25 million. For more information, contact German Chavez, Big Deals Consulting, LLC; 619677-3346; Email: projectfunding@cox.net. Penstar Realty Advisors provides financing in amounts ranging from $2 million to $11 million for properties nationwide. Notes are available for terms of up to five years with a loan-to-value ratio of 70%. Interest-only financing for terms of three years is available. For more information, contact Steven Hamermesh, Penstar Realty Advisors; 818-8839609; Email: hamer@penstaradvisors.com. R. Moore & Associates provides hard money and bridge financing in amounts above $1 million nationwide and in amounts ranging from $5 million to $200 million internationally. For more information, contact Romeal Moore, R. Moore & Associates; 561-6744565; Email: romealmoore@yahoo.com. Silo Financial Corp. provides hard money and short-term bridge financing for commercial properties in amounts ranging from $750,000 to $20 million. For more information, contact Silo Financial Corp., 2 Landmark Square, Suite 208, Stamford, CT 06901; Web site: www.silo-financial.com. DM www.dealmakers.net

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Buyers and Sellers (continued from page twenty-six)

MMTC Financial Corp., on behalf of a client, is looking to acquire a building located in the San Fernando Valley, CA. Suitable properties feature a GLA between 8,000 sq.ft. to 14,000 sq.ft. with 4,000 sq.ft. to 5,000 sq.ft. vacant. On behalf of another client, the company is looking to acquire sites ranging from 2,000 sq.ft. to 4,500 sq.ft. in Los Angeles County, CA. Suitable properties feature trade-area demographics including a population earning an average household income of $35,000 to $60,000. For more information, contact Gary Morris, MMTC Financial Corp., 17337 Ventura Boulevard, Encino, CA 91316; 818-606-2673, Fax 818-883-2673; Email: realestate@urbanbright.org. Prudential|Verani Realty is selling a 3.51acre parcel located along Queen City Avenue between Sundial Avenue and Brown Avenue in Manchester, NH. The asking price is $2 million. For more information, contact Tom Duffy, Prudential|Verani Realty, One Verani Way, Londonderry, NH 03053; 603-845-2101, Fax 603-845-2266; Email: tduffy@pruverani.com.

Voit Commercial Brokerage is selling 7.53 acres of outlots, including outlots of 0.83 acres, 0.84 acres, 1 acre, 1.01 acres and 3.85 acres, at a Home Depot-anchored center located at the intersection of Highway 160 and Basin Avenue in Pahrump, NV. Area demographics include a population of 23,612 within a five-mile radius earning an average household income of $57,310. The asking price is $5.2 million. For more information, contact Kit Graski, Voit Commercial Brokerage, 10100 West Charleston Boulevard, Suite 200, Las Vegas, NV 89135; 702-734-4500, Fax 702-7337690; Web site: www.voitco.com. CBRE Net Lease Properties Group negotiated the $5.46 million sale of a 44,271 sq.ft. Publix located in Huntsville, AL. At the time of sale, the tenant was bound to a NN lease with 14 years remaining on the original lease term. For more information, contact Chris Bosworth or Will Pike, CBRE Net Lease Property Group, 3280 Peachtree Road, Terminus 100, Suite 1400, Atlanta, GA 30305; 404-923-1486/1381; Email: chris.bosworth@cbre.com and will.pike@cbre.com; Web site: www.cbre.com.

Courtelis Co. is buying Shopping Centers

Bring us redevelopment, distress, or expansion opportunities today!

Courtelis Company, a fully integrated commercial developer with 45 years in business, is seeking to acquire neighborhood shopping centers. Will pay cash or assume debt. We act as principals. Contact: Charles Rogers, Acquisitions P: 305-261-4330 crogers@courtelis.com Rod Castan, Leasing & Management P: 305-261-4330 rcastan@courtelis.com

ACQUISITION CRITERIA: • 60,000 TO 150,000 sq.ft. • Demographics: Minimum 30,000 people in 3 miles. • Supply side restrictions with barriers to entry • Anchored by dominant grocery or discount stores • Stable occupancy or value-add potential considered. Redevelopment opportunities preferred. • Major metro areas in FL, GA, NC, SC, TX, VA

Courtelis Company 703 Waterford Way, Ste 800 Miami, FL 33126 page 28

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The

www.courtelis.com Dealmakers

www.dealmakers.net

EcoDigital Development Group is selling a 4,000 sq.ft. first floor retail space in a building located along East Broadway in Centralia, IL. Trade-area demographics include a population of 14,004 earning $47,130 as the average household income. For more information, contact Dennis Schweigert, EcoDigital Development Group, PO Box 589, Mt. Vernon, IL 62864; 618-2417500 or 866-636-5565, Fax 618-241-7498; Email: dschweigert@ecodigitalinc.com. Colliers Dow & Condon is selling a 25.63acre former Showcase Cinema site located along Silver Lane in East Hartford, CT. The property is suitable for redevelopment for big-box anchor and junior anchor spaces. The asking price is $12.875 million. For more information, contact Nicholas Morizio or John J. Cafasso, Colliers Dow & Condon, 864 Wethersfield Avenue, Hartford, CT 06114; 860-616-4022/4013, Fax 860-2474067; Emails: morizio@dowcondon.com and agent@colliers.com; Web site: www.colliersdow.com. Amalisa Services is selling a 1.47-acre parcel located along Ballman Road in Ft. Smith, AR. The property is approved for a mixed-use center. The asking price is $125,000. For more information, contact Henry Ama, Amalisa Services, PO Box 24, Fayetteville, AR 72702; 479-443-9785; Email: amalisa1987@yahoo.com. Agentis Real Estate Corp. is selling a 12,112 sq.ft. freestanding building located at the intersection of Route 512 and Robinson Street in Wind Gap, PA. The average daily traffic count is 14,000 vehicles. The asking price is $350,000. For more information, contact JD Lepeta, Agentis Real Estate Corp., 308 East Broad Street, Bethlehem, PA 18018; 610-691-5900, Fax 610-694-9319; Email: jdlepeta@gmail.com; Web site: www.agentis.org. Rosenblum Bianco & Ciurcina, LLP, on behalf of a buyer, is looking to acquire single tenant properties located throughout AL, AZ, CA, FL, GA, LA, MS, NC, NM, SC and TX. Suitable properties feature credit tenants bound to NNN leases with 10 or more years remaining on the original lease term and asking prices reflecting a Cap rate above 8%. Same-owner portfolios priced below $100 million will be considered. For more information, contact Jon Ciurcina, Rosenblum Bianco & Ciurcina, LLP, 100 Merrick Road, Suite 306 East, Rockville Centre, NY 11570; 516-255-1800, Fax 516678-1885; Web site: www.1rbc.com. DM

Lease Signings (continued from page twenty-two)

Centro Properties Group (212-869-3000) signed a lease with Sevier Cheerleading and Tumbling for 4,375 sq.ft. at ChapmanFord Crossing, located at the intersection of Highway 441/Chapman Highway and Brown Mountain Loop in Knoxville, TN. The company also signed a lease with White Lace & Promises, a bridal salon, for 4,726 sq.ft. at Suburban Plaza, located at the intersection of Highway 70/Highway 11/Kingston Pike and North Winston Road in Knoxville, TN. Lawler-Wood represented the tenant in the transaction. The company also signed a lease with Bed Bath & Beyond for 42,049 sq.ft. at Gateway Plaza, located at the intersection of Turner Parkway and Plaza Drive in Vallejo, CA. Terranomics Retail Services represented the tenant in the transaction. The company also signed a lease with Allstate Insurance for 1,600 sq.ft. at Merchant’s Central, located at the intersection of Highway 41a/Decherd Boulevard and Route 127/Aedc Road in Winchester, TN. The company also signed a lease with VIP Wig & Beauty Supply for 7,000 sq.ft. at The Market at Wolfcreek, located at the intersection of North Germantown Parkway and Highway 64 in Memphis, TN. The company also negotiated a lease with Best Buy for 45,041 sq.ft. at Montebello Plaza, located at the intersection of West Via Campo and North Wilcox Avenue in Montebello, CA. Sage Retail Group represented the tenant in the transaction. The company also signed a lease with Brunchies for an expansion at Meridian Village Plaza, located at the intersection of Roher Road and Eglin Drive in Carmel, IN. The tenant plans to expand from 1,819 sq.ft. to 2,697 sq.ft. The company also signed a lease with American General Finance for 1,200 sq.ft. at Westpark Shopping Center, located at the intersection of Route 157/Pemberton Road and U.S. Highway 250/West Broad Street in Glen Allen, VA. Thalhimer, Inc. represented the tenant in the transaction. The Rotella Group, Inc. (954-568-9015) negotiated a lease with Hibbett Sporting Goods for 5,000 sq.ft. at Oakland Park Festival Center, located on Andrews Avenue in Ft. Lauderdale, FL. The company represented the tenant in the transaction. Novus Cos. (314-968-0842) negotiated a lease with Robbie’s Health Bar for a 2,184 sq.ft. Robbie’s House of Jazz at the Shoppes at Old Webster, located in Webster Groves, MO. The company represented the landlord in the transaction. The company also negotiated a lease with Professional Imaging for 5,611 sq.ft. at Kirkwood Bend, located in Kirkwood, MO. The company represented the landlord in the transaction. page 30

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The Broadbent Co. (317-237-2900) negotiated a lease with Signature Shoes for 1,600 sq.ft. at Castleton Shoppes, a 31,300 sq.ft. center located in Indianapolis, IN. The tenant joins Sam’s Alterations, Catherines, Casual Male and Mattress World. The company also negotiated a lease with Advance Auto for 9,379 sq.ft. at Castleton Village, located at the intersection of East 82nd Street and Craig Street in Indianapolis, IN. The tenant joins Dulce Siesta, Skyline Chili, Verizon Wireless and Penn Station. The company also negotiated a lease with Coco’s Lokos Caribbean Cuisine for 3,599 sq.ft. at Hunnington Place, located in Louisville, KY. The tenant joins Kinney Dancewear, Sola Salons, Bridal Warehouse and Shoe Carnival. Remic Properties (781-237-9500) negotiated a lease with Aubuchon Hardware for 10,000 sq.ft. in Portland, ME. The company also negotiated a lease with Little Bears Playspace for 3,000 sq.ft. at a center located in Peabody, MA. The tenant joins Namco and Syms. Grubb & Ellis|BRE Commercial (858-5465400) negotiated a five-year lease with UTBW, LLC for a 3,675 sq.ft. Dime General Store at an aggregate rent of $999,175 on San Diego Avenue in San Diego, CA. The company represented the tenant in the transaction. The company also negotiated a five-year lease with Subway Development of San Diego, LLC for a 1,411 sq.ft. Subway at Lemon Grove, located on College Grove Way in San Diego, CA with an aggregate rent of $233,844. The company represented both the tenant and the landlord, San Diego Grove, LP c/o Cornerstone Property Management, in the transaction. The Grossman Cos., Inc. (617-472-2000) negotiated a lease renewal with Boston Market for 4,200 sq.ft. at Quincy Granite Place, a 61,400 sq.ft. center located at the intersection of Granite Street and Burgin Parkway in Quincy, MA. Tenants include T.J. Maxx, iParty, dressbarn, Olympia Sports, Papa Gino’s and Dunkin’ Donuts. The company represented the landlord, 126 Granite Street Trust, in the transaction. NewMark Merrill Cos. (818-710-6100) negotiated the following transactions at Janss Marketplace, located at the intersection of Moorpark Road and Hillcrest Drive in Thousand Oaks, CA: a 10-year lease with Lucky’s Dog House for 552 sq.ft., and a five-year lease renewal with Toys “R” Us for 43,000 sq.ft. Cotenants include Buca di Beppo, Daphne’s, Panera Bread, Gold’s Gym, Marshalls, Old Navy, Mann Theaters and T.G.I. Friday’s. DM

Lead Sheet Flair Neal Richards c/o Vanguard Realty 195 Columbia Turnpike Florham Park, NJ 07932 973-443-9700 Ext. 15, Fax 973-966-0123 Email: realnj@vanguardsite.com Web site: vanguardsite.com

Apparel The five-unit chain operates locations throughout NJ. The stores, offering unique fashion, accessories and jewelry, occupy spaces of 800 sq.ft. to 1,200 sq.ft. in suburban areas and freestanding locations. Plans call for two openings throughout the existing market during the coming 18 months, with representation by Vanguard Realty. The company prefers to locate in areas with affluent demographics.

Name Brands, Inc. dba Half Of Half â&#x20AC;&#x201C; Name Brand Clothing Jim Breece 7215 South Memorial Drive Tulsa, OK 74133 918-307-0284, Fax 918-307-0294 Web site: www.halfofhalf.com

Apparel The 19-unit chain operates locations throughout AR, KS, MO, MS, NE, OK, TN and TX. The stores, offering name-brand apparel at discount prices, occupy spaces of 12,000 sq.ft. to 30,000 sq.ft. in freestanding locations and strip and value centers. Growth opportunities are sought throughout KS and Dallas, TX during the coming 18 months. Typical leases run three to five years. A vanilla shell is required. Preferred cotenants include Target and T.J. Maxx. Preferred demographics include a population of 100,000 within five miles earning $35,000 as the average household income.

A.C. Moore Arts & Crafts, Inc. dba A.C. Moore Arts & Crafts Robert J. Grimsley 130 A.C. Moore Drive Berlin, NJ 08009 Web site: www.acmoore.com

Arts/Crafts/Fabrics The 134-unit chain operates locations throughout AL, CT, DE, FL, GA, MA, MD, ME, NC, NH, NJ, NY, PA, SC, TN and WV. The stores, offering arts, crafts and floral merchandise, occupy spaces of 23,500 sq.ft. to 25,000 sq.ft. in regional power centers. Plans call for 15 openings throughout the northeastern and southeastern U.S. during the coming 18 months. For additional information, contact Jack Barson or Rob Solganik, Terra National Real Estate Group, 29225 Chagrin Boulevard, Suite 360, Pepper Pike, OH 44122; 216-378-1220, Fax 216-378-9920; Emails: jack@terranational.com and rob@terranational.com.

Advance Auto Jason Berngard or Allen Joffe c/o Baum Realty Group 1030 West Chicago Avenue Chicago, IL 60642 312-275-3117/3120 Emails: jason@baumrealty.com and allen@baumrealty.com

Automotive The 3,400-unit chain operates locations nationwide throughout 40 states as well as Puerto Rico and the Virgin Islands. The automotive centers, offering parts, accessories, batteries and maintenance items, occupy spaces of 6,200 sq.ft. to 6,500 sq.ft. in freestanding locations and endcaps of shopping center outlots. Growth opportunities are sought throughout IL north of Route 290 and Interstate 88 during the coming 18 months, with representation by Baum Realty Group. The company prefers to occupy existing sites, and will consider inline locations depending on visibility and signage.

Chet Nichols, Inc. dba Chet Nichols Bill Nichols PO Box 1203 Benton Harbor, MI 49023 269-925-1187, Fax 269-925-8915

Automotive The eight-unit chain operates locations throughout MI. The automotive centers occupy spaces of 5,000 sq.ft. to 7,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout southwestern MI during the coming 18 months.

Les Schwab Tire Center, Inc. dba Les Schwab Tire Center Dave Husk, Mike Oxman or Jon Scanlon 20900 Cooley Road Bend, OR 97701 541-416-5238/5166/5615, Fax 541-416-5454 Emails: mike.m.oxman@lesschwab.com and jon.r.scanlon@lesschwab.com Web site: www.lesschwab.com

Automotive The 400-unit chain operates locations throughout AK, CA, ID, MT, NV, OR, UT and WA. The automotive centers, offering tires, wheels, shocks and brakes along with alignment services, occupy spaces of 15,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout WA during the coming 18 months. Preferred cotenants include Target, supermarkets, home improvement retailers and car washes. Preferred demographics include a population of 40,000 within three miles earning $40,000 as the average household income. Major competitors include America Tire and Tire Factory. The company prefers to acquire sites.

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Lead Sheet Rodi Automotive, Inc. dba Auto Barn Stores Herbert Blumberg 13 Harbor Park Drive Port Washington, NY 11050 516-484-9500 Ext. 232, Fax 516-484-4341 Web site: www.autobarn.com

Automotive The 20-unit chain operates locations throughout Brooklyn, Long Island and Queens, NY. The stores, offering automotive parts and supplies, occupy spaces of 5,000 sq.ft. to 8,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 15 years. A vanilla shell and specific improvements are required. Major competitors include AutoZone and Pep Boys.

CN Brown Co. dba Big Apple Food Stores Russell Cloutier PO Box 200 South Paris, ME 04281 207-743-9212, Fax 207-743-8357 Web site: www.cnbrown.com

Convenience The 90-unit chain operates locations throughout ME, NH and VT. The convenience stores, with gasoline facilities, occupy spaces of 2,000 sq.ft. to 3,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout ME and NH during the coming 18 months. A land area of 1.5 acres to three acres is required.

E-Z Mart Stores, Inc. dba E-Z Mart Mike Ingram 602 West Falvey Street Texarkana, TX 75504 903-832-6502, Fax 903-831-5679

Convenience The 310-unit chain operates locations throughout AR, LA, MO, OK and TX. The convenience stores, with gasoline facilities, occupy spaces of 2,400 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. The company prefers to acquire sites.

Han Dee Hugos Gene Hammond 3309 Drake Circle Raleigh, NC 27607 919-785-1904

Convenience The 80-unit chain operates locations throughout NC. The convenience stores occupy freestanding locations. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run three years. A vanilla shell and specific improvements are required. Preferred demographics include a population of 10,000 within two miles earning $20,000 as the average household income. A land area of 1.2 acres is required.

True North Energy dba True North Stores Keith McIntyre 5565 Airport Highway Toledo, OH 43615 888-245-9336, Fax 419-868-1459 Web site: www.truenorth.org

Convenience The 120-unit chain operates locations throughout OH. The convenience stores, with gasoline facilities, occupy spaces of 1,500 sq.ft. to 2,800 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run 10 years. A land area of 50,000 sq.ft. is required.

Gordmanâ&#x20AC;&#x2122;s Stores Allan Murow c/o Noddle Cos. 1125 South 103rd Street, Suite 450 Omaha, NE 68124 402-496-1616, Fax 402-496-6250 Email: amurow@noddlecompanies.com Web site: www.noddlecompanies.com

Department Store The 50-unit chain operates locations throughout CO, IA, IL, IN, KS, KY, MN, MO, MS, ND, NE, OK, SD, TN and WI. The stores, offering apparel, bedding and bath items, furniture, luggage, candles, frames, home accents, kitchen items and wall dĂŠcor, occupy spaces of 50,000 sq.ft. to 60,000 sq.ft. in freestanding locations, malls and power and strip centers. Growth opportunities are sought throughout the existing markets and NM and OH during the coming 18 months, with representation by Noddle Cos.

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Lead Sheet Dollar Castle, Inc. dba Dollar Castle Eddie Denha 7031 Orchard Lake Road, Suite 201A West Bloomfield, MI 48322 248-539-3100, Fax 248-539-1778 Email: eddie@dollarcastle.com Web site: www.dollarcastle.com

Discount The 25-unit chain operates locations throughout MI within 100 miles of Detroit. The discount stores occupy spaces of 6,000 sq.ft. to 12,000 sq.ft. in power and strip centers. Growth opportunities are sought throughout the existing market. Typical leases run five years with five-year options. A vanilla shell and specific improvements are required. The company is franchising.

U.S. Cellular Corp. dba U.S. Cellular Erran Zinzer 8410 West Bryn Mwr Chicago, IL 60631 773-399-6836 Email: erran.zinzer@uscellular.com Web site: www.uscellular.com

Electronics The 1,400-unit chain operates locations nationwide. The stores occupy spaces of 1,500 sq.ft. to 3,000 sq.ft. in pad sites. Plans call for 40 to 50 openings throughout Chicago, Peoria, Rockford and Springfield, IL; northwestern IN and Appleton, Green Bay, Madison and Milwaukee, WI during the coming 18 months. Preferred demographics include a tradearea population of 75,000 in urban markets and 25,000 in rural markets. The company prefers to locate in sites with average daily traffic counts of 20,000 vehicles.

The Yankee Candle Co., Inc. dba Yankee Candle Anthony P. Villani 16 Yankee Candle Way South Deerfield, MA 01373 Fax 413-665-8569 Web site: www.yankeecandle.com

Gifts The 487-unit chain operates locations nationwide. The stores, which manufacture and sell scented candles, occupy spaces of 1,100 sq.ft. to 1,600 sq.ft. in malls and lifestyle and power centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run 10 years. A vanilla shell and specific improvements are required. Preferred cotenants include Target, Kohlâ&#x20AC;&#x2122;s, Pier 1 Imports, Gap, Talbots, Chicoâ&#x20AC;&#x2122;s and Ann Taylor. Preferred demographics include a population of 150,000 within five miles earning $75,000 as the average household income.

Snip-Its Scott Meshil c/o Royal Properties, Inc. 850 Bronx River Road Bronxville, NY 10708 914-237-3403, Fax 914-237-0196 Email: scott@royalpropertiesinc.com Web site: www.royalpropertiesinc.com

Hair The 100-unit chain operates locations nationwide. The hair salons occupy spaces of 1,200 sq.ft. to 1,700 sq.ft. in freestanding locations and power and strip centers. Growth opportunities are sought throughout Fairfield, Rockland and Westchester counties in NY during the coming 18 months, with representation by Royal Properties, Inc.

Bio Ped Foot Care Centers, Inc. dba Bio Ped Foot Care Centers Robin Schleien 2150 Winston Park Drive, Suite 21 Oakville, Ontario, Canada L6H 5V1 905-829-0505, Fax 905-829-5199 Web site: www.bioped.com

Shoes The 45-unit chain operates locations throughout Ontario, Canada. The shoe stores occupy spaces of 1,500 sq.ft. in regional malls and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months.

H.H. Brown Retail, Inc. dba Super Shoe Store Dana Sneathen PO Box 239 Cumberland, MD 21501 301-722-6563, Fax 301-724-5531

Shoes The 42-unit chain operates locations throughout MD, ME, NH, NY, PA, VA and VT. The shoe stores occupy spaces of 16,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months.

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August 21, 2009

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Lead Sheet Laurie’s Shoes, Inc. dba Laurie’s Shoes Mark Waldman 9916 Manchester Road St. Louis, MO 63122 314-961-7092, Fax 314-961-7092 Email: mark@lauriesshoes.com Web site: www.lauriesshoes.com

Shoes The seven-unit chain operates locations throughout IL and MO. The shoe stores occupy spaces of 1,000 sq.ft. to 3,000 sq.ft. in upscale freestanding locations, malls and strip centers. Growth opportunities are sought throughout the existing markets and KS during the coming 18 months. Typical leases run three to five years.

Off Broadway Shoe Warehouse dba Off Broadway Shoes Don Cook 11381 Southbridge Parkway Alpharetta, GA 30022 678-393-0081, Fax 678-242-0008 Email: dcook.obsw@rackroom.com

Shoes The 60-unit chain operates locations throughout CA, CO, FL, GA, KS, KY, MA, MD, MO, NC, NH, NV, PA, SC, TN and VA. The stores, offering discounted men’s and women’s shoes, occupy spaces of 18,000 sq.ft. to 30,000 sq.ft. in freestanding locations, malls and strip centers. Growth opportunities are sought nationwide during the coming 18 months.

Adventure Dental Edward Goldmeier, Matthew Cooper or Glenn Ulick c/o Grubb & Ellis Co. 20 South Charles Street, Suite 902 Baltimore, MD 21201 410-625-4202/4205 Email: edward.goldmeier@grubb-ellis.com Web site: www.grubb-ellis.com

Specialty The pediatric dental and vision clinic operates one location in Vancouver, WA. The company prefers to occupy spaces of 6,000 sq.ft. to 8,000 sq.ft. in freestanding locations and urban/ downtown areas. Growth opportunities are sought throughout Baltimore and Prince George County in MD as well as Washington, DC during the coming 18 months, with representation by Grubb & Ellis Co.

Busch’s, Inc. dba Busch’s Marketplace John Busch or Tony Babich 2240 South Main Street Ann Arbor, MI 48103 734-214-8300 Ext. 101, Fax 734-214-8394 Email: tony_babich@buschs.com Web site: www.buschs.com

Supermarkets The 15-unit chain operates locations throughout southeastern MI. The supermarkets, featuring meat, seafood, floral, deli, produce and bakery departments, in addition to offering organic and specialty food items, occupy spaces of 35,000 sq.ft. to 45,000 sq.ft. in freestanding locations and lifestyle, specialty and strip centers, in addition to urban/downtown areas. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run 20 years. Preferred demographics include a population of 50,000 within four miles earning $75,000 as the average household income. Major competitors include Kroger and Whole Foods Market. A land area of five acres is required for freestanding locations.

Saker ShopRite, Inc. dba ShopRite Howard Snowiss 922 Highway 33 Freehold, NJ 07728 732-462-4700, Fax 732-294-2322

Supermarkets The 27-unit chain operates locations throughout NJ. The supermarkets occupy spaces of 60,000 sq.ft. to 70,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout central NJ 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 34

August 21, 2009

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LAMAR SHOPPING CENTER SPACE AVAILABILITIES VISIT US AT THE FLORIDA ICSC AT BOOTH 472

DAYTON, OH

WASHINGTON PARK PLAZA 178,750 S.F. GLA

ANCHOR POSITION AVAILABLE RESTAURANT SPACE AVAILABLE OLD TIME POTTERY, UNITED ART, SAM’S CLUB*, ARROW WINE & SPIRIT, HOMETOWN BUFFET *Not Owned 1,600 - 22,953 S.F. AVAILABLE CONTACT (877) 797-1472 JEFFREY JAMES/SAM COOPER

PINEVILLE, NC

ANDERSON, SC

WEST ASHLEY SHOPPES 136,260 S.F. GLA OUTPARCEL AVAILABLE +/-1.49 ACRES

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OFFICE DEPOT, BIG LOTS, ANNA’S LINENS, LEBO’S, IT’S FASHION METRO, PAYLESS 1,500 - 2,000 S.F. AVAILABLE

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INLINE SPACE AVAILABLE

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FOOD LION, DOLLAR GENERAL, AARON RENTS, GOODYEAR, FLOORING AMERICA, WEIGHT WATCHERS

WINN-DIXIE , GOODWILL, RENT-A-CENTER, KIDS WORLD, NEW YORK PIZZA

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ANCHOR POSITION AVAILABLE KOWALSKI’S MARKET, DOMINO’S THE UPS STORE, BURGER KING* HOLLYWOOD VIDEO, OAK PARK WINE & SPIRITS

JEFFREY JAMES

MAGNOLIA LAYNE 87,010 S.F. GLA HARVEY’S GROCERY, DOLLAR GENERAL, PIZZA HUT*, SUBWAY, ALLSTATE, CURVES, HARDEE’S* * Not Owned

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975 - 6,666 S.F. AVAILABLE

CONTACT (877) 797-1472 JEFFREY JAMES/SAM COOPER

CONTACT (877) 797-1472

IRWIN, PA

NORWIN HILLS 244,364 S.F. GLA ANCHOR POSITION AVAILABLE ALDI, RITE AID, GOODWILL, GNC, GALAXY FITNESS, FASHION BUG

800 - 31,000 S.F. AVAILABLE CONTACT (877) 797-1472 SAM COOPER

JEFFREY JAMES

N RICHLAND HILLS, TX RUFE SNOW VILLAGE

99,331 S.F. GLA

JR. ANCHOR POSITION AVAILABLE

OUTPARCEL AVAILABLE +/- 0.37 ACRES

AARON RENTS, AMERICAN GENERAL, JACKSON HEWITT BASKIN ROBBINS, CD WAREHOUSE

1,580 - 45,528 S.F. AVAILABLE CONTACT (877) 797-1472 JEFFREY JAMES

GREAT LEASING OPPORTUNITIES WITH FREE RENT AVAILABLE

Disclaimer: Subject to errors and omissions.

CHARLESTON, SC

MARKET ON CHERRY RD. 129,518 S.F. GLA OUTPARCEL AVAILABLE +/- 0.8 Acres

PINEVILLE TOWNE MARKET 83,499 S.F. GLA

OAK PARK PONDS 105,645 S.F. GLA

ROCK HILL, SC

ANDERSON PAVILION 64,221 S.F. GLA END CAP AVAILABLE AGGRESSIVE RENTS

365 SOUTH STREET MORRISTOWN, NJ 07960 TEL. (727) 403-7777 FAX (727) 517-2276 www.lamarcompanies.com

CONTACT (877) 797-1472

JEFFREY JAMES/MICHAEL MAHAN, JR.

1,050 - 4,900 S.F. AVAILABLE CONTACT (877) 797-1472

JEFFREY JAMES/MICHAEL MAHAN, JR.

FLORENCE, KY

CRAWFORDSVILLE, IN

87,364 S.F. GLA

CRAWFORDSVILLE SQUARE 297,542 S.F. GLA

VILLAGE AT THE MALL ANCHOR POSITION AVAILABLE OUTPARCELS AVAILABLE +/-0.5 ACRES & 3,594 SF PIER 1 IMPORTS, DOLLAR TREE, THE TILE SHOP, VITAMIN SHOPPE, HONEY BAKED HAM 2,000 - 18,095 SF AVAILABLE CONTACT (877) 797-1472

JEFFREY JAMES/SAM COOPER

ANCHOR POSITION AVAILABLE OUTPARCELS AVAILABLE 3,800 SF, +/-0.76; 1.47; 2.59 & 3.32 ACRES KROGER, THRIFTY’S, HIBBETT SPORTS 676 - 18,592 S.F. AVAILABLE CONTACT (877) 797-1472

JESSE MAAS

ORANGE PARK, FL

PITTSBURGH, PA

JR. ANCHOR POSITION AVAILABLE

ANCHOR POSITION AVAILABLE

SOUTH BLANDING VILLAGE 108,954 S.F. GLA OUTPARCELS AVAILABLE +/-0.28 & 0.85 ACRES STAPLES, BIG LOTS, WOOD YOU, LARRY’S SUBS, JACKSON HEWITT

1,200 - 12,454 S.F. AVAILABLE CONTACT (877) 797-1472 JEFFREY JAMES

FAYETTEVILLE, GA BANKS CROSSING 256,930 S.F. GLA JR. ANCHOR POSITION AVAILABLE JC PENNEY, KROGER, GUITAR CENTER, FARMER’S FURNITURE, GOODYEAR

KENNYWOOD SHOPS 198,210 S.F. GLA

OUTPARCEL AVAILABLE — 4,000 SF GIANT EAGLE, FAMOUS LABELS, DOLLAR GENERAL, FASHION BUG, HOLLYWOOD VIDEO

1,329 - 31,400 S.F. AVAILABLE CONTACT (877) 797-1472 SAM COOPER

LEWISVILLE, TX GARDEN PARK 178,335 S.F. GLA

ANCHOR POSITION AVAILABLE

OUTPARCEL AVAILABLE +/-0.73 ACRES

STEIN MART, CHRISTIAN FAMILY BOOKSTORE, OISHI HIBACHI & SUSHI

971 - 30,090 S.F. AVAILABLE 1,400 - 12,068 S.F. AVAILABLE CONTACT (877) 797-1472

CONTACT (877) 797-1472

INDIANAPOLIS, IN

FORT WAYNE, IN

JR. ANCHOR POSITION AVAILABLE

ANCHOR POSITION AVAILABLE OUTPARCEL +/- .95 ACRES

JEFFREY JAMES/MICHAEL MAHAN

EMERSON PLAZA 84,799 S.F. GLA

MARSH SUPERMARKET, BIG KMART*, DAIRY QUEEN, RADIO SHACK, SUPERCUTS *Not Owned

4,000 - 11,375 S.F. AVAILABLE CONTACT (877) 797-1472 JEFFREY JAMES/SAM COOPER

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COVINGTON PLAZA

183,806 S.F. GLA THE FRESH MARKET, OFFICE DEPOT, HONEY BAKED HAM, ANYTIME FITNESS, MERLE NORMAN

1,710 - 18,200 S.F. AVAILABLE CONTACT (877) 797-1472

JEFFREY JAMES/SAM COOPER

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Space Place California

California

Connecticut

Fullerton – A 7,000 sq.ft. center situated on 0.63 acres on Brea Boulevard has a 1,785 sq.ft. space available. Area demographics include a population of 432,886 within five miles earning $83,593 as the average household income. The average daily traffic count is 29,000 vehicles. The asking monthly rent is $1.50 psf with NNN of $0.16 psf. Orange – A 7,934 sq.ft. center situated on 0.7 acres on North Tustin Avenue has a 4,850 sq.ft. space available. Area retail includes Albertsons, Stater Bros., Office Depot and Aaron Brothers. Area demographics include a population of 533,453 within five miles earning $77,010 as the average household income. The average daily traffic count is 32,900 vehicles. The asking monthly rent is $1 psf NNN with fees of $0.14 psf. Sand City – Edgewater Shopping Center, located on Playa Avenue, has a 27,575 sq.ft. freestanding former Circuit City available. Cotenants includes Target, Albertsons, Ross Dress for Less, PetSmart, Costco, OSH, Marshalls and Borders. Area demographics include a population of 93,331 within five miles earning $72,783 as the average household

income. The average daily traffic count is 74,000 vehicles. The asking monthly rent is $1.16 psf NNN with taxes of $0.16 psf. Santa Clara – A 13,400 sq.ft. freestanding building situated on 0.64 acres on Stevens Creek Boulevard is available. Area retail includes Office Depot, Cost Plus World Market and Safeway. Area demographics include a population of 511,293 within five miles earning $108,957 as the average household income. The average daily traffic count is 27,000 vehicles. The asking monthly rent is $1.50 psf NNN with taxes of $0.09 psf. For details, contact Matthew Makler, Kin Properties, 185 Northwest Spanish River Boulevard, Boca Raton, FL 33431; 888-5467767 Ext. 118, Fax 561-955-9921; Email: mmakler@kinproperties.com; Web site: www.kinproperties.com. For additional details regarding the Fullerton property, contact Len Weiselberg; 888-546-7767 Ext. 112; Email: lweiselberg@kinproperties.com. For additional details regarding the Orange, Sand City and Santa Clara properties, contact Lee Cherney; 888-546-7767 Ext. 111; Email: lcherney@kinproperties.com.

Ridgefield – A center situated on one acre has spaces available of 1,000 sq.ft.; 2,200 sq.ft. and 3,500 sq.ft. Talbots shadow-anchors the center and cotenants include Carvel, Hutton Men’s Clothing, Starbucks and Bank of America. Area retail includes Stop & Shop, Kohl’s, Supercuts and Blockbuster Video. Area demographics include a population of 25,000 within three miles earning $100,000 as the average household income. The average daily traffic count is 26,000 vehicles. The asking rent is $35 psf with CAM of $5 psf. For details, contact Dennis Behunick, RAMS, LLC, 99 Danbury Road, Ridgefield, CT 06877; 203-244-5446, Fax 203-4389255; Email: dmbcapital@aol.com; Web site: www.ramsassetmgt.com.

ll your bases Cover a OUR TEAM OFFERS: MEASURING INTERIOR SPACE - SINGLE | DRAFTING SERVICES - DOUBLE PERMIT EXPEDITING - TRIPLE | CONSTRUCTION SERVICES - HOME RUN A HOME RUN WILL ENSURE THE PROJECTS ARE COMPLETED ACCURATELY AND ON TIME, WHILE REMAINING INSIDE OUR STADIUM.

Starting the lineup: To the Inch/Draft by Design provides as built plans to define the space for the design process. Man on 1st and 2nd: L&S Permitting is up to bat and will expedite the completed construction documents to the necessary agencies/municipalities and track the progress. Bases loaded: Kulka Construction hits a GRAND SLAM and provides the expert craftsmanship, guidance and professionalism.

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team roster Kulka Construction Corp. - MVP 954.984.9293 561.392.9292 www.kulkacorp.com To the Inch, Inc. Draft by Design, Inc. Nationwide player 954.984.9293 www.totheinch.com www.draftbydesign.net

kuLka conStruction

L&S Permitting Fastest runner 954.984.9293 Member of International Council of Shopping Centers

serving south Florida 3227 N. State Road 7 • Margate • Florida • 33063 page 36

August 21, 2009

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Dealmakers

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Florida Bonita Springs – Imperial Bonita, a 69,286 sq.ft. strip center, has two spaces of 1,400 sq.ft. available. The asking rent is $14 psf with CAM of $3.50 psf and taxes of $2 psf. Brandon – Kings Row Shopping Center, a 74,748 sq.ft. strip center, has spaces available of 1,360 sq.ft.; 2,528 sq.ft. and 4,104 sq.ft. Big Lots, Family Dollar and Jackson Hewitt anchor the center. The asking rent is $14 psf with CAM of $1.10 psf and taxes of $1.50 psf. Dade City – Morningside Plaza, a 75,155 sq.ft. strip center, has spaces available of 900 sq.ft. and 5,000 sq.ft. Sweetbay Supermarket anchors the center and Wal*Mart shadowanchors the center. The asking rent is $13 psf with CAM of $1.75 psf and taxes of $2.30 psf. Daytona – Holly Hill Plaza, a 248,840 sq.ft. strip center, has spaces available of 900 sq.ft. and 3,870 sq.ft. The asking rent is $13 psf with CAM of $1.80 psf and taxes of $0.70 psf. Deltona – Deltona Plaza, a 130,431 sq.ft. strip center, has spaces available of 1,067 sq.ft.; 2,494 sq.ft. and 8,500 sq.ft. Rent King, Winn-Dixie and Jackson Hewitt anchor the center. The asking rent is $10 psf with CAM of $3.15 psf. Hudson – LaMadera Marketplace, a 41,000 sq.ft. strip center, has spaces available of 1,200 sq.ft.; 2,400 sq.ft. and 4,800 sq.ft. The asking rent is $9 psf with CAM of $2.25 psf. Palm Harbor – Connell Square, a 36,929 sq.ft. strip center, has spaces available of 1,000 sq.ft.; 1,100 sq.ft. and 2,800 sq.ft. Stix Billiards anchors the center. The asking rent is $14 psf with taxes of $1.10 psf. Port Richey – Jasmine Plaza, a 62,468 sq.ft. strip center, has spaces available of 775 sq.ft.; 1,225 sq.ft. and 10,400 sq.ft. Goodwill Industries and Dollar Town anchor the center. The asking (continued on page thirty-eight)

*PRICES

JUST REDUCED!!!

PA 0,00 EN ID TO 0 BO T, OW S N NE ELLI US R R NG ET *Haw River, North Carolina IRI NG The center is approximately 97,000 sq ft and is on 20 + acres. It was a former Winn-Dixie AG

SHOPPING CENTERS FOR SALE

anchored center. The price includes an outparcel out front on the main 5 lane, a 2.8 acre tract in the middle of the property and about 2-3 acres of expansion area on the side of the building area. The parking lots have been re-surfaced and re-striped. All the front metal awnings have been painted a metallic color and it really looks great! Lots of upside potential here!!! Our Sales Price has just been REDUCED to only $3.49 Million!!! (Appraised Value is $3.74 Million)

*Conover,

North Carolina

This 60,990 sq ft shopping center and its outparcels are located on 5.26 acres on one of the busiest streets in the area! A 2008 bank appraisal valued the center at $3.15 Million (not including the outparcels). We have recently done expensive renovations to the shopping center and sold one of the outparcels to COOK-OUT, a national fast food franchise drive through restaurant chain. Two outparcels are still available. Our Sales Price has just been REDUCED to only $2.29 Million!!!!

North Wilkesboro, North Carolina This 39,634 sq ft shopping center and a large outparcel is located on 12.8 acres. The total Tax Value is over $2.37 Million. The center is 100% OCCUPIED with 3 National Tenants. Our Sales Price is only $1.79 Million for the shopping center AND the large outparcel!!

*Thomasville,

North Carolina

It is 62,300 sq ft located on 6.3 acres of land in Thomasville, NC. It has recently been remodeled and has lots of UPSIDE POTENTIAL! Our Sales Price has just been REDUCED to only $1.69 Million!!!!

Hickory, North Carolina This 39,704 sq ft shopping center is located on 3.42 acres. It has been recently remodeled!! Our Sales Price is only $1.79 Million!!

#1 REAL ESTATE DEALS, LLC

W. Clarke Lindley | Cell: 336-260-4113 | supermansml@aol.com

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Space Place Florida

Florida

(continued from page thirty-six)

rent is $11 psf with CAM of $3.50 psf. Also, Jasmine Lakes Center, a 125,626 sq.ft. strip center, has spaces available of 800 sq.ft.; 2,000 sq.ft. and 3,548 sq.ft. The asking rent is $8 psf with CAM of $4.75 psf. Spring Hill – Mariner Village, a 69,917 sq.ft. strip center, has spaces available of 1,890 sq.ft. and 3,317 sq.ft. Winn-Dixie and Little Caesar’s anchor the center. The asking rent is $12 psf with CAM of $2.90 psf and taxes of $1.30 psf. For details, contact Lenore Reynolds, Bruce Strumpf, Inc., 2120 Drew Street, Clearwater, FL 33765; 727-449-2020, Fax 727-449-2212; Email: lenorereynolds@brucestrumpf.com; Web site: www.brucestrumpf.com. Bradenton – A 6,600 sq.ft. center situated on 1.15 acres on 14th Street has an 1,800 sq.ft. space available. Cotenants include MetroPCS. Area retail includes Publix, Burlington Coat Factory, Staples, Office Depot and Lowe’s Home Improvement. Area demographics include a population of 176,214 within five miles earning $49,113 as the average household income. The average daily traffic count is 54,000 vehicles. The asking rent is

$14.75 psf with NNN of $2.61 psf. Indian Harbor – A 22,828 sq.ft. center situated on 1.27 acres on State Route A-1-A has spaces available from 1,500 sq.ft. to 14,795 sq.ft. Cotenants include Sherwin-Williams. Area retail includes Lowe’s Home Improvement, WaMu and Starbucks. Area demographics include a population of 74,372 within five miles earning $66,915 as the average household income. The average daily traffic count is 25,800 vehicles. The asking rent is $18 psf NNN with taxes of $0.98 psf. Rockledge – A 28,660 sq.ft. center situated on a land area of 2.94 acres has spaces available of 2,400 sq.ft. and 26,260 sq.ft. Area retail includes Publix, Dollar General, Bealls and Planet Fitness. The average daily traffic count is 19,000 vehicles. The asking rent is $6 psf for the 26,260 sq.ft. space and $12 psf for the 2,400 sq.ft. space, with NNN of $2.06 psf. For details, contact Len Weiselberg, Robert Crum or Matthew Makler, Kin Properties, 185 Northwest Spanish River Boulevard, Boca Raton, FL 33431; 888-5467767 Ext. 112/117/118, Fax 561-955-9921; Emails: lweiselberg@kinproperties.com,

Florida rcrum@kinproperties.com mmakler@kinproperties.com; www.kinproperties.com.

Coral Springs – Coral Square Promenade, a 55,597 sq.ft. specialty center located at the intersection of University Drive and West Atlantic Boulevard, has a 2,019 sq.ft. space (continued on page forty)

Timothy Neal Neal Realty & Investments, Inc.

Leasing  Sales  Property Management  Receivership 954.568.0530  tim@nealrealty.net  www.nealrealty.net August 21, 2009

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www.dealmakers.net

and site:

Clearwater – Belleair Landing, a 22,500 sq.ft. mixed-use center situated on 1.6 acres at the intersection of Belleview Boulevard and South Ft. Harrison Avenue, has spaces available of 880 sq.ft.; 1,300 sq.ft. and 2,870 sq.ft. Area demographics include a population of 525,639 within 10 miles earning $66,141 as the average household income. The average daily traffic count is 24,500 vehicles. The asking rent is $17 psf with CAM of $3 psf. For details, contact Brian Andrus, Stonebridge Real Estate Co., Inc., 1465 South Ft. Harrison Avenue, Suite 103, Clearwater, FL 33756; 727-443-5000, Fax 866-2842061; Email: ba91011@aol.com; Web site: www.stonebridgerealtors.com.



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available along with a 34,025 sq.ft. former Linens ‘N Things. Pier 1 Imports anchors the center and cotenants include T.G.I. Friday’s and Larry’s Ice Cream. Area demographics include a population of 365,692 within five miles earning $74,689 as the average household income. The average daily traffic count is 49,000 vehicles. The asking rent is $16 psf with CAM of $2 psf and taxes of $4 psf. Also, Brookside Shopping Center, an 18,632 sq.ft. strip center situated on 3.66 acres at the intersection of Wiles Road and Coral Springs Drive, has spaces available of 2,100 sq.ft. and 4,200 sq.ft. Lady of America anchors the center and cotenants include Bloomies Florist, Allstate Insurance and Body Heat Tanning. Area demographics include a population of 239,997 within five miles earning $98,519 as the average household income. The average daily traffic count is 22,024 vehicles. The asking rent is $22 psf with CAM of $7 psf and taxes of $5 psf. Also, Maplewood Plaza, an 86,342 sq.ft. shopping center located at the intersection of North University Drive and Ramblewood Drive, has a 1,275 sq.ft. space available. T.J.

Florida

Maxx, Anna’s Linens and Party Supermarket anchor the center. Cotenants include Avenue, Mega Dollar, CitiFinancial, Hair Cutter and Dunkin’ Donuts. Area demographics include a population of 362,851 within five miles earning $76,429 as the average household income. The average daily traffic count is 49,000 vehicles. The asking rent is $18 psf with CAM of $2.62 psf and taxes of $3.18 psf. Davie – Great Florida Bank Center, a 47,645 sq.ft. mixed-use center situated on 4.5 acres at the intersection of South University Drive and Griffin Road, has spaces available of 800 sq.ft.; 1,500 sq.ft. and 2,000 sq.ft. Great Florida Bank anchors the center and cotenants include FedEx Office and T-Mobile. Area draws include Ft. Lauderdale International Airport. Area demographics include a population of 325,657 within five miles earning $75,640 as the average household income. The average daily traffic count is 44,500 vehicles. The asking rent is $25 psf with CAM of $2 psf and taxes of $3 psf. Ft. Lauderdale – Cypress Creek Station, a 229,034 sq.ft. shopping center located at the intersection of Cypress Creek Road and North Andrews Avenue, has spaces

available of 2,340 sq.ft.; 2,500 sq.ft. and 15,600 sq.ft. along with a 5,000 sq.ft. outlot. Royal Cinemas and Office Depot anchor the center. Cotenants include Hooters, Longhorn Steakhouse and Sweet Tomatoes. Area demographics include a population of 369,050 within five miles earning $61,441 as the average household income. The average daily traffic count is 52,500 vehicles. The asking rent is $27 psf with CAM of $3 psf and taxes of $3.53 psf. Lauderdale Lakes – Reef Plaza, a 115,341 sq.ft. shopping center located at the intersection of U.S. Highway 441/State Route 7 and West Oakland Park Boulevard, has a 1,320 sq.ft. space available. Sav-A-Lot and Think Thrift anchor the center. Cotenants include Family Dollar, Payless ShoeSource and KFC/Pizza Hut. Area demographics include a population of 482,892 within five miles earning $55,404 as the average household income. The average daily traffic count is 62,500 vehicles. The asking rent is $16 psf with CAM of $2 psf and taxes of $2 psf. For details, contact Steve Miller, The Rotella Group, Inc., 3300 North Federal

grow your business

Exciting Opportunities available in both markets for RETAILERS – RESTAURANTS – BANKS – OFFICES

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Florida: 305-860-2300 2665 S Bayshore Dr #302 Coconut Grove, FL 33133 page 40

August 21, 2009

The

Dealmakers

North Carolina: 828-252-0218 46 Haywood St. #340 Asheville, NC 28801 www.dealmakers.net

(continued on page forty-two)

RETAIL SITES AVAILABLE IN FLORIDA RETAIL SITES AVAILABLE IN FLORIDA RETAIL SITES AVAILABLE IN FLORIDA Latest Acquisition… RETAIL SITES AVAILABLE IN FLORIDA Latest PLANT CITYAcquisition… CROSSING

LocatedLatest atCITY the junction of I-4 and Acquisition… PLANT CROSSING Thonotosassa Road inCROSSING PlantofCity, FL Located atCITY the junction I-4 and PLANT

SHOPS OF DORAL On the SWOF corner of NW 107 Avenue and NW 74 Street SHOPS DORAL In Doral, Florida On the SWOF corner of NW 107 Avenue and NW 74 Street SHOPS DORAL

Thonotosassa in PlantofCity, FL Located at Road the junction I-4 and Space from 1,300 sq.ft. Thonotosassa Road in Plant City, FL Out Parcel Available Space from 1,300 sq.ft. Out Parcel Available Space from 1,300 sq.ft. Come Join Publix, Starbucks, Out Parcel Available McDonald’s, Blockbuster, Subway, Come Join Publix, Starbucks, CATO, Dollar General, Regions McDonald’s, Blockbuster, Subway, Come Join Publix, Starbucks, Bank, Little Caesar & Outback CATO, Dollar General, Subway, Regions McDonald’s, Blockbuster, Bank, Little & Outback CATO, DollarCaesar General, Regions Bank, Little Caesar & Outback

In Doral, Florida On the SW corner of NW 107 Avenue and NW 74 Street Available Out Parcel & up to 8,000 SF of Retail Space In Doral, Florida Available Out Parcel & up to 8,000 SF of Retail Space Come JoinOut CVSParcel Pharmacy, of America, All State Insurance, Available & upBank to 8,000 SF of Retail Space Come Join CVS Pharmacy, Bank of America, All State Subway, Oxxo Cleaners in one of the most markets Come Join CVSCare Pharmacy, Bank of America, Alldynamic State Insurance, Insurance, Subway, Oxxo Care Cleaners in one of the in South Florida Subway, Oxxo Care Cleaners in one of the most dynamic markets Come Join CVS Pharmacy, Bank of America, All State Insurance, most dynamic markets in South Florida in South Florida Subway, Oxxo Care Cleaners in one of the most dynamic markets in South Florida SABAL PALM PLAZA Located at the Intersection ofSABAL U.S.1 and Virginia Avenue PALM PLAZA In St. Lucie County, Fort Pierce, FL Located at the Intersection ofSABAL U.S.1 and Virginia Avenue PALM PLAZA In St. Lucie County, Fort Pierce, FL Located at the Intersection of U.S.1 and Virginia Avenue SpaceInstarting from 900 sq.ft. Available St. Lucie County, Fort Pierce, FL Space starting from 900 sq.ft. Available Come join our list ofstarting National Retailers Publix, Wendy’s, Space from 900 sq.ft. Available Staples, Bank America, Big Retailers Lots, Beall’s Outlet, Radio Come join ouroflist of National Publix, Wendy’s, Shack, Blockbuster, Rainbow Apparel, & Red Wing Shoe Staples, Bank America, Big Retailers Lots, Beall’s Outlet, Radio Come join ouroflist of National Publix, Wendy’s, Shack, Blockbuster, Rainbow & Red WingRadio Shoe Staples, Bank of America, BigApparel, Lots, Beall’s Outlet, Shack, Blockbuster, Rainbow Apparel, & Red Wing Shoe

ACTIVELY LOOKING TO ACQUIRE ACTIVELY LOOKING TO ACQUIRE ANCHORED SHOPPING CENTERS IN THE SOUTHEAST U.S. LOOKING ANCHORED ACTIVELY SHOPPING CENTERSTO IN ACQUIRE THE SOUTHEAST U.S. ACTIVELY LOOKING TO ACQUIRE Properties ANCHORED SHOPPINGFraga CENTERS IN THE SOUTHEAST U.S. ANCHORED CENTERS THE SOUTHEAST 1320 S. SHOPPING Dixie Highway, Suite 214, IN Coral Gables, FL 33146 U.S. Fraga Properties

1320 S. Dixie Highway, Suite 214, Coral Gables, FL 33146 Telephone: 305-667-1976 Fax: 305-667-1276 www.FragaProperties.com Fraga Properties Telephone: 305-667-1976 Fax:Suite 305-667-1276 www.FragaProperties.com 1320 S. Dixie Highway, 214, Coral Gables, FL 33146 Fraga Properties Telephone: 305-667-1976 Fax: 305-667-1276 www.FragaProperties.com 1320 S. Dixie Highway, Suite 214, Coral Gables, FL 33146

Telephone: 305-667-1976 | Fax: 305-667-1276 | www.FragaProperties.com

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Highway, Suite 200, Ft. Lauderdale, FL 33306; 954-568-9015, Fax 954-568-9597; Email: steve@rotellagroup.com; Web site: www.rotellagroup.com. Doral – Boykin Center, a 100,000 sq.ft. strip center located at the intersection of Northwest 36th Street and 79th Avenue, has a 3,000 sq.ft. space available along with two spaces of 1,500 sq.ft. Cotenants include Goodyear, Pizza Hut, El Tropico and Taco Bell. Area demographics include a population of 439,808 within five miles earning $44,158 as the average household income. The average daily traffic count is 70,000 vehicles. The asking rent ranges from $22 psf to $28 psf with CAM of $3.80 psf and taxes of $3.30 psf. Hollywood – Johnson Square, a 52,000 sq.ft. strip center located at the intersection of Johnson Street and 30th Road, has spaces available from 600 sq.ft. to 7,939 sq.ft. Bravo Supermarket anchors the center. Area demographics include a population of 349,954 within five miles earning $53,188 as the average household income. The asking rent is $15 psf with CAM of $2 psf and taxes of $1.50 psf. Miami – Crossroads Shopping Center, a 36,000 sq.ft. strip center located at the intersection of Southwest 88th Street/Kendall Drive and Southwest 117th Avenue, has spaces available of 1,050 sq.ft. and 3,500 sq.ft. along with two spaces of 1,400 sq.ft. Cotenants include Giardino’s Gourmet Salads, Food Spot, Dairy Queen and Signs To Go. Area demographics include a population of 419,489 within five miles earning $61,818 as the average household income. The asking rent ranges from $28 psf to $38 psf with CAM of $3.17 psf and taxes of $3.25 psf. Also, Calusa Centre, a 37,000 sq.ft. strip center located at the intersection of Southwest 112th Street and Southwest 137th Avenue, has spaces available of 1,100 sq.ft. and 1,150 sq.ft. Cotenants include Advance Auto, State Farm Insurance, Burger King and Chuck Wagon Restaurant. Area demographics include a population of 351,203 within five miles earning $60,088 as the average household income. The average daily traffic count is 50,000 vehicles. The asking rent is $20 psf with CAM of $3.92 psf and taxes of $2.16 psf. Also, Quail Heights Plaza, a 98,000 sq.ft. strip center located at the intersection of Southwest 186th Street/ Quail Roost Drive and 117th Avenue, has spaces available of 1,600 sq.ft. and 4,799 sq.ft. Winn-Dixie anchors the center and cotenants include Blockbuster Video, CVS, KFC/Taco Bell, McDonald’s and Pizza Hut. Area demographics include a population of page 42

August 21, 2009

The

Florida

219,820 within five miles earning $62,198 as the average household income. The asking rent ranges from $20 psf to $35 psf with CAM of $3.35 psf and taxes of $2.37 psf. For details, contact Alexander Espinola, Investment Management Associates, Inc., 1575 San Ignacio Avenue, Suite 400, Coral Gables, FL 33146; 305-661-0110, Fax 305-6617803; Email: aespinola@ima-realestate.com; Web site: www.ima-realestate.com.

acres at the intersection of Colonial Boulevard, McGregor Boulevard, Royal Palm Square Boulevard and Summerlin Road, has spaces available of 1,200 sq.ft.; 3,000 sq.ft. and 5,400 sq.ft. China Fuji and Subway anchor the center. Cotenants include Weight Watchers, Swedish Affair Gifts, Lulu’s Gifts and Stationery, Gulfcoast Coin and Jewelry, European Café and Broadway Palm Dinner Theater. Area retail includes Edison Mall, Publix, McDonald’s and Baer’s Furniture. Area demographics include a population of 164,888 within five miles earning $47,229 as the median household income. The average daily traffic count is 62,000 vehicles. The asking rent is $12 psf with CAM of $5.20 psf and taxes of $1 psf. For details, contact Noreen Caldwell, Coldwell Banker Commercial NRT, 5104 Fairfield Drive, Ft. Myers, FL 33919; 239-994-7895, Fax 239-936-7097; Email: noreenc@comcast.net; Web site: www.cbcworldwide.com.

Doral – Shops of Doral, located at the intersection of Northwest 107th Avenue and Northwest 74th Street, has a divisible space of 8,000 sq.ft. available along with an outparcel. Cotenants include CVS, Bank of America, Allstate Insurance, Subway and Oxxo Care Cleaners. Ft. Pierce – Sabal Palm Plaza, located at the intersection of U.S. Highway 1 and Virginia Avenue, has spaces available. Cotenants include Publix, Wendy’s, Staples, Bank of America, Big Lots, Beall’s Outlet, RadioShack, Blockbuster Video, Rainbow Apparel and Red Wing Shoe. Plant City – Plant City Crossing, located at the junction of Interstate 4 and Thonotosassa Road, has spaces available along with an outlot. Cotenants include Publix, Starbucks, McDonald’s, Blockbuster Video, Subway, CATO, Dollar General, Regions Bank, Little Caesar’s and Outback Steakhouse. For details, contact Fraga Properties, 1320 South Dixie Highway, Suite 214, Coral Gables, FL 33146; 305-6671976, Fax 305-667-1276; Web site: www.fragaproperties.com. Fern Park – Mainstreet Square, a 108,632 sq.ft. center, has spaces available from 750 sq.ft. to 2,950 sq.ft. Winn-Dixie anchors the center and cotenants include Goodwill Industries, RentA-Center, Kids World and New York Pizza. Green Cove Springs – Magnolia Layne, an 87,010 sq.ft. center, has spaces available from 975 sq.ft. to 6,666 sq.ft. Cotenants include Harvey’s Grocery, Dollar General, Subway, Allstate Insurance and Curves. Area retail includes Pizza Hut and Hardee’s. Orange Park – South Blanding Village, a 108,954 sq.ft. center, has spaces available from 1,200 sq.ft. to 12,454 sq.ft. along with outlots of 0.28 acres and 0.85 acres. Cotenants include Staples, Big Lots, Wood You, Larry’s Subs and Jackson Hewitt. For details, contact Jeffrey James, Lamar Cos., 365 South Street, Morristown, NJ 07960; 727-403-7777 or 877-797-1472, Fax 727-5172276; Web site: www.lamarcompanies.com. Ft. Myers – Royal Palm Square, a 144,000 sq.ft. mixed-use strip center situated on 14

Dealmakers

www.dealmakers.net

Largo – Indigo Joe’s Plaza, a 56,877 sq.ft. center located at the intersection of East Bay Drive and Keene Road, has spaces available from 1,400 sq.ft. to 5,200 sq.ft. Sweetbay Supermarket, Indigo Joe’s and You Fit Health Club anchor the center. For details, contact Sandra Woodworth, RMC Property Group; 800-728-5379 Ext. 308; Email: swoodworth@rmcpg.com; Web site: www.rmcpg.com. Sarasota – Colonial Village Shopping Center, a 47,442 sq.ft. strip center situated on 3.75 acres at the intersection of North Lime Avenue and Fruitville Road, has a 4,732 sq.ft. space available. Save-A-Lot and Family Dollar anchor the center. Area demographics include a population of 165,568 within five miles earning $73,204 as the average household income. The average daily traffic count is 30,000 vehicles. For details, contact Nicholas Forelli, Rosen Associates Management Corp., 33 South Service Road, Jericho, NY 11753; 516-281-1532, Fax 516-281-1562; Email: nforelli@rosenmgmt.com. Tampa – Columbus Plaza, located at the intersection of North 50th Street and 14th Avenue, has spaces available of 3,520 sq.ft.; 5,000 sq.ft.; 5,157 sq.ft. and 6,375 sq.ft. as well as a divisible anchor space of 32,000 sq.ft. Sweetbay Supermarket anchors the center and cotenants include Bank of America, Family Dollar and Rock & Wash. Area demographics include a population of 189,958 within five miles earning $54,209 (continued on page forty-four)

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as the average household income. For details, contact Thomas G. Mirandi, RD Management, LLC; 212-265-6600 Ext. 239, Fax 212-265-8250; Email: tmirandi@rdmanagement.com. Tampa – South Dale Mabry, a strip center, has spaces available of 1,016 sq.ft.; 1,393 sq.ft. and 3,229 sq.ft. Cotenants include Salon Taspen. Area demographics include a population of 233,006 within 10 miles earning $66,077 as the median household income. The asking rent is $16 psf with CAM of $6 psf. For details, contact David Anthony, Jr., PropertyPro, 332 South Plant Avenue, Tampa, FL 33606; 813-835-7747, Fax 813-839-3299; Email: anthony.dave@propertypro.com; Web site: www.propertypro.com.

Georgia Fayetteville – Banks Crossing, a 256,930 sq.ft. center, has spaces available from 1,400 sq.ft. to 12,068 sq.ft. Cotenants include JCPenney, Kroger, Guitar Center, Farmer’s Furniture and Goodyear.

Georgia

Indiana

For details, contact Jeffrey James or Michael Mahan, Jr., Lamar Cos., 365 South Street, Morristown, NJ 07960; 727-403-7777 or 877-797-1472, Fax 727-517-2276; Web site: www.lamarcompanies.com. Jonesboro – Shops of Tara, a 69,706 sq.ft. strip center situated on three acres at the intersection of Tara Boulevard and Mt. Zion Boulevard, has spaces available of 3,709 sq.ft.; 4,970 sq.ft. and 7,985 sq.ft. Sikder Dollar & Grocery anchors the center and cotenants include JR Crickets, Dentfirst and Everest Institute. Area demographics include a population of 306,201 within 10 miles. The average daily traffic count is 89,450 vehicles. The asking rent is $10 psf with CAM of $2.95 psf. For details, contact Steve Patrick, The Shumacher Group, 3060 Peachtree Road, Suite 225, Atlanta, GA 30305; 404-3582888; Email: landbasis@aol.com.

outlots of 3,800 sq.ft.; 0.76 acres; 1.47 acres; 2.59 acres and 3.32 acres. Cotenants include Kroger, Thrifty’s and Hibbett Sporting Goods. Ft. Wayne – Covington Plaza, a 183,806 sq.ft. center, has spaces available from 1,710 sq.ft. to 18,200 sq.ft. along with a 0.95-acre outparcel. Cotenants include The Fresh Market, Office Depot, Honey Baked Ham, Anytime Fitness and Merle Norman. Indianapolis – Emerson Plaza, an 84,799 sq.ft. center, has spaces available from 4,000 sq.ft. to 11,375 sq.ft. Cotenants include Marsh Supermarket, Dairy Queen, RadioShack and Supercuts. Area retail includes Big Kmart. For details regarding the Crawfordsville property, contact Jesse Maas, Lamar Cos., 365 South Street, Morristown, NJ 07960; 727403-7777 or 877-797-1472, Fax 727-5172276; Web site: www.lamarcompanies.com. For details regarding the Ft. Wayne and Indianapolis properties, contact Jeffrey James or Sam Cooper.

Indiana

Kentucky

Crawfordsville – Crawfordsville Square, a 297,542 sq.ft. center, has spaces available from 676 sq.ft. to 18,592 sq.ft. along with

Florence – Village at the Mall, an 87,364 sq.ft. center, has spaces available from 2,000 sq.ft. (continued on page forty-six)

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page 44

August 21, 2009

The

Quebec Office: Paracom Immobilier (Quebec) 12B‐1210 de Maisonneuve Ouest Montreal, Quebec H3A 0A2 Tel: 514‐895‐6967 bunny@paracom.ca Dealmakers

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to 18,095 sq.ft. along with outlots of 3,594 sq.ft. and 0.5 acres. Cotenants include Pier 1 Imports, Dollar Tree, The Tile Shop, The Vitamin Shoppe and Honey Baked Ham. For details, contact Jeffrey James or Sam Cooper, Lamar Cos., 365 South Street, Morristown, NJ 07960; 727-403-7777 or 877-797-1472, Fax 727-517-2276; Web site: www.lamarcompanies.com. West Springfield – Riverdale Shops, a 273,532 sq.ft. community center located on Route 5/Riverdale Street, has spaces available of 1,990 sq.ft.; 2,000 sq.ft.; 2,110 sq.ft.; 2,128 sq.ft. and 3,750 sq.ft. Kohl’s and Stop & Shop anchor the center. Cotenants include $1 Zone, Fashion Bug, Avenue, PC Warehouse, Plato’s Closet, GNC, The Puppy Place, Hometown Buffet, Weight Watchers, Supercuts, David’s Bridal, Panera Bread, Famous Footwear, Daddy’s Junky Music, Sally Beauty Supply, Life Uniform, dressbarn, Beautiful Nails, GameStop, T-Mobile, Burger King, TD Banknorth, Carrabba’s Italian Grill, KFC, Sleepy’s and Justice. Area retail includes 84 Lumber, Costco, Home Depot, Staples, Dick’s Sporting Goods, Michaels, Table & Vine, Showcase Cinemas and Pep Boys. Area demographics include a population of 473,978 within 10 miles earning $58,943 as

Kentucky

New Jersey

the average household income. For details, contact Developers Diversified Realty, 3300 Enterprise Parkway, Beachwood, OH 44122; 877-225-5337; Web site: www.ddr.com.

Division Avenue, Millington, NJ 07946; 908-604-6900, Fax 908-604-2030; Email: kdimaria@silbertrealestate.com. For details regarding the Mt. Arlington and Mt. Olive Township properties, contact Joel Tomlinson; Email: jtomlinson@silbertrealestate.com.

New Jersey Franklin Lakes – Urban Farms Shopping Center, a 76,000 sq.ft. center located at the intersection of County Route 502/Franklin Lakes Road and High Mountain Road, has a divisible space of 4,650 sq.ft. available. The Market Basket anchors the center and cotenants include Starbucks and Hallmark. Mt. Arlington – Roxbury Commons, a 23,200 sq.ft. center, has spaces available from 1,660 sq.ft. to 4,560 sq.ft. Cracker Barrel anchors the center and cotenants include Dunkin’ Donuts. Area demographics include a population of 110,057 within five miles earning $86,303 as the median household income. The average daily traffic count is 12,281 vehicles. Mt. Olive Township – Paramount Plaza, a center situated on 1.86 acres, has a divisible space of 12,473 sq.ft. available. Area demographics include a population of 71,631 within five miles. The average daily traffic count is 29,080 vehicles. For details regarding the Franklin Lakes property, contact Kathy DiMaria, Silbert Realty & Management Co., Inc., 85

Paramus – Babies “R” Us Center, located on Route 17 South, has a 5,000 sq.ft. space available along with a divisible space of 40,000 sq.ft. For details, contact Chuck Lanyard, The Goldstein Group, 45 Eisenhower Drive, Paramus, NJ 07652; 201-703-9700 Ext. 15, Fax 201-703-9678; Web site: www.thegoldsteingroup.com. Summit – Spaces of 650 sq.ft.; 1,200 sq.ft.; 2,000 sq.ft.; 4,000 sq.ft. and 11,000 sq.ft. are available. Area demographics include a population of 218,485 within five miles earning $80,028 as the median household income. For details, contact David Cronheim Co.; 973-635-2182; Email: rsteelman@cronheim.com.

New York Manhattan – A 1,450 sq.ft. space, featuring a 1,100 sq.ft. basement, is available on (continued on page forty-eight)

If you already know who's opening, buying, closing, or leasing... can you give us tomorrow's lottery numbers too? Visit

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August 21, 2009

The

Dealmakers

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Published by and for leasing agents, brokers and owners of retail real estate, TenantSearch tells you:

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(continued from page forty-six)

Ludlow Street between Delancey Street and Rivington Street. For more information, contact Alexandra Naparstek, Winick Realty Group; 212-7922650; Email: anaparstek@winick.com; Web site: www.winick.com.

North Carolina Pineville – Pineville Towne Market, an 83,499 sq.ft. center, has spaces available from 1,200 sq.ft. to 1,686 sq.ft. Cotenants include Food Lion, Dollar General, Aaron’s, Goodyear, Flooring America and Weight Watchers. For details, contact Michael Mahan, Jr., Lamar Cos., 365 South Street, Morristown, NJ 07960; 727-403-7777 or 877-7971472, Fax 727-517-2276; Web site: www.lamarcompanies.com.

Pennsylvania Irwin – Norwin Hills, a 244,364 sq.ft. center, has spaces available of 800 sq.ft. to 31,000 sq.ft. Cotenants include Aldi, Rite Aid, Goodwill Industries, GNC, Galaxy Fitness and Fashion Bug. Pittsburgh – Kennywood Shops, a 198,210 sq.ft. center, has spaces available from 1,329 sq.ft. to 31,400 sq.ft. along with a 4,000 sq.ft. outlot. Cotenants

Pennsylvania

South Carolina

include Giant Eagle, Famous Labels, Dollar General, Fashion Bug and Hollywood Video. For details, contact Sam Cooper, Lamar Cos., 365 South Street, Morristown, NJ 07960; 727-403-7777 or 877-797-1472, Fax 727-5172276; Web site: www.lamarcompanies.com.

acres on Highway 17, has spaces available of 1,600 sq.ft. to 4,800 sq.ft. Family Dollar and Food Lion anchor the center. Area demographics include a population of 53,400 within 10 miles earning $64,132 as the average household income. The average daily traffic count is 20,000 vehicles. For details, contact Nicholas Forelli, Rosen Associates Management Corp., 33 South Service Road, Jericho, NY 11753; 516-281-1532, Fax 516-281-1562; Email: nforelli@rosenmgmt.com.

South Carolina Anderson – Anderson Pavilion, a 64,221 sq.ft. center, has a 3,150 sq.ft. space available. Publix anchors the center. Charleston – West Ashley Shoppes, a 136,260 sq.ft. center, has spaces available from 1,050 sq.ft. to 4,900 sq.ft. along with a 1.49-acre outlot. Cotenants include Ross Dress for Less, Cost Plus World Market, Bed Bath & Beyond and Catherines. Rock Hill – Market on Cherry Road, a 129,518 sq.ft. center, has spaces available of 1,500 sq.ft. to 2,000 sq.ft. along with a 0.8acre outlot. Cotenants include Office Depot, Big Lots, Anna’s Linens, Lebo’s, It’s Fashion Metro and Payless ShoeSource. For details, contact Jeffrey James or Michael Mahan, Jr., Lamar Cos., 365 South Street, Morristown, NJ 07960; 727-403-7777 or 877-797-1472, Fax 727-517-2276; Web site: www.lamarcompanies.com. Little River – Little River Shopping Center, a 51,560 sq.ft. strip center situated on 6.4

out Check EW N r u o rum! o Jobs F

Texas Lewisville – Garden Park, a 178,335 sq.ft. center, has spaces available from 971 sq.ft. to 30,090 sq.ft. along with a 0.73-acre outlot. Cotenants include Stein Mart, Christian Family Bookstore and Oishi Hibachi & Sushi. North Richland Hills – Rufe Snow Village, a 99,331 sq.ft. center, has spaces available from 1,580 sq.ft. to 45,528 sq.ft. along with a 0.37-acre outlot. Cotenants include Aaron’s, American General Financial Services, Jackson Hewitt, Baskin Robbins and CD Warehouse. For details, contact Jeffrey James, Lamar Cos., 365 South Street, Morristown, NJ 07960; 727-403-7777 or 877-7971472, Fax 727-517-2276; Web site: D M www.lamarcompanies.com.

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August 21, 2009

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Most Valuable Players #1 Real Estate Deals, LLC........................................................ Pg. 37

Kin Properties.......................................................................... Pg. 39

AEI Capital Corporation........................................................... Pg. 26

Kulka Construction Corp......................................................... Pg. 36

Alba Consulting Corp.............................................................. Pg. 48

Lamar Companies.................................................................... Pg. 35

Barclay Group........................................................................... Pg. 9

Margate Community Redevelopment Agency.......................... Pg. 44

Bruce Strumpf, Inc................................................................... Pg. 46

Millbrook Properties, Ltd......................................................... Pg. 23

City of Cocoa, Florida.............................................................. Pg. 27

Nassimi Realty......................................................................... Pg. 45

Commerce Group, Inc............................................................. Pg. 25

Neal Realty & Investments, Inc................................................ Pg. 38

Courtelis Company...........................................................Pgs. 20, 28

Nielsen Claritas....................................................................... Pg. 12

CVS Caremark Realty................................................................. Pg. 7

Paracom Realty Corporation.................................................... Pg. 44

Dealmakers, The..............................................................Pgs. 46, 48

Park Center, LLC...................................................................... Pg. 40

Developers Realty Corp........................................................... Pg. 19

RCS Real Estate Advisors........................................................... Pg. 5

DJM Realty.............................................................................. Pg. 11

RD Management, LLC............................................................. Pg. 24

DLC Management Corp.........................................................IBC, BC

Real Estate Southeast, LLC....................................................... Pg. 16

Dots........................................................................................ Pg. 13

RMC Property Group............................................................... Pg. 29

FIRC Group, Inc...................................................................... Pg. 40

Southern Management and Development, L.P.............................. IFC

Flagler Development Group.................................................... Pg. 15

Stuart Makler & Associates, Inc................................................ Pg. 30

Fraga Properties....................................................................... Pg. 41

TenantSearch........................................................................... Pg. 47

Goldstein Group, The.............................................................. Pg. 17

TI Pricing................................................................................. Pg. 43

Great Southern Contractors...................................................... Pg. 49

Tulepan Management, LLC...................................................... Pg. 21

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FLORIDA

portfolio highlights mOnument LAnDIng Jacksonville, FL Monument Road New Walgreens & Additional Anchor Space Available 900 - 29,000 SF Available

hIghLAnD squARe Jacksonville, FL Dunn Avenue Publix, Office Depot, Big Lots, Dollar Tree, Bealls Outlet & CVS 1,050 - 4,000 SF Available

AmeLIA pLAzA Fernandina Beach, FL South 8th Street Wal-Mart, Winn Dixie & Dollar Tree 1,000 - 5,600 SF Available

mARketpLAce At OcALA Ocala, FL NW Blitchton Road Winn Dixie, Dollar General & Supercuts 750 - 6,000 SF Available

mARketpLAce At pALm bAy Palm Bay, FL Babcock Street NE Winn Dixie, Bealls Outlet & Health First Pro Health & Fitness 1,180 - 4,272 SF Available

at visit us

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Fort Myers, FL College Parkway Fifth Third Bank & Starbucks 600 - 2,720 SF Available

97 s h o p p i n g c e n t e r s

26 s t a t e s

16.5 m i l l i o n s q u a r e f e e t

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Corporate Headquarters: 580 White Plains Road, Tarrytown, NY 10591 1.866.DLC.MGMT www.dlcmgmt.com 97

shopping centers

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