Reporting The Nation’s Weekly News on Retailing & Retail Real Estate Volume XXVIII No. XXXIII
August 30, 2013
FEATURING home-related Chains Expand Nationwide Menard, Inc. trades as Menards at 280 locations throughout IA, IL, IN, KY, MI, MN, MO, ND, NE, OH, SD, WI and WY. The stores, offering appliances, electrical, flooring, outdoor and paint supplies, occupy spaces of 160,000 sq.ft. to 250,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the Midwest region of the U.S. during the coming 18 months. Preferred cotenants include Meijer, Target, Sam’s Club and Walmart. Preferred demographics include a population of 100,000 within 10 miles. Major competitors include Home Depot and Lowe’s Home Improvement. For more information contact Director of Real Estate, Menard, Inc., 5101 Menard Drive, Eau Claire, WI 54703; 715-876-2532, Fax 715876-5998; Email: properties@menard-inc.com; Web site: www.menardsrealestate.com. Room & Board operates 14 locations throughout CA, CO, GA, IL, MA, MN, NY, WA and Washington, DC. The stores, offering cotemporary home furnishings, occupy spaces of 25,000 sq.ft. to 35,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout northern NJ during the coming 18 months, with representation by The Goldstein Group. For more information, contact Chuck Lanyard, The Goldstein Group, 45 Eisenhower Drive, Paramus, NJ 07652; 201-7039700 Ext. 115, Fax 201-703-9678; Email: clanyard@thegoldsteingroup.com; Web site: www.thegoldsteingroup.com.
McCoy Corp. trades as McCoy’s Building Supply Center at 84 locations throughout AR, MS, NM, OK and TX. The hardware and lumber supply centers occupy spaces of 18,000 sq.ft. in freestanding locations. Plans call for two openings throughout TX during the coming 18 months. Preferred demographics include a population of 30,000 within five miles. Major competitors include Home Depot, Lowe’s Home Improvement and Sutherland. For more information, contact Phil Hutchinson, McCoy Corp., PO Box 1028, San Marcos, TX 78667; 512-353-5400, Fax 512-805-6778; Email: phutchinson@mccoys.com; Web site: www.mccoys.com. Harbor Freight Tools operates 380 locations nationwide. The stores, offering power, hand and air tools, building materials, automotive products, household items and lawn and garden supplies, occupy spaces of 15,000 sq.ft. in neighborhood, power or regional shopping centers. Growth opportunities are sought throughout northern Los Angeles County in CA during the coming 18 months, with representation by Irish Commercial Brokerage, Inc. The company prefers to locate in second-generation spaces. For more information, contact Kevin Barry, Irish Commercial Brokerage, Inc., 2603 Maple Avenue, Manhattan Beach, CA 90266; 424-2412341, Fax 310-796-0680; Email: kevin@irishcb.com; Web site: www.irishcb.com. (continued on page seven)
This issue contains information on: • Retailers operating 23,529 locations with plans to open 1,960 sites • Real estate valued in excess of $50 million to be bought, sold & financed • Leasing activity on over 4.1 million sq.ft. of retail properties s New rtantpedite o p x Im se E Plea
Postmaster: Periodical
Pre-showICSC PA/NJ/DE Idea exchange New Construction Koniver Stern Group to develop lifestyle center in FL.................... Pg. 3 Buyers & Sellers Transwestern markets Rite Aid stores in the southeast................. Pg. 4 Who’s Opening & Where Another Broken Egg plans 10 openings..................................... Pg. 5 Harris & Teeter hot for North Carolina..................................... Pg. 5 Food Chains Expand Anthony’s Coal Fired Pizza aggressive with growth in the northeast.................................... Pg. 6 Sources of Financing Meridian Capital Group refinances several retail sites.......................... Pg. 7 Making The News The Feil Organization taps director of leasing....................... Pg. 7 Exclusives Jameson Commercial reps Children’s House........................ Pg. 8 Lease Signings L3 Corp. inks a 20,000 square foot deal with Total Hockey........ Pg. 8 Elmore Realty finalizes lease with Mighty Dollar for junior anchor space.......................................... Pg. 8 Lead Sheet Laundry Systems to enter Texas
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Petsen$e eyes growth in the northeast and northwest markets Pg. 11 Charles David focus on lifestyle centers nationwide..................... Pg. 11 Space Place................................ Pg. 14