Reporting The Nation’s Weekly News on Retailing & Retail Real Estate
Volume XXV No. XXXIII
September 3, 2010
Apparel Chains Expand Nationwide Kidstown operates seven locations throughout NJ and NY. The full-service children’s department stores, offering apparel, footwear, toys and general merchandise items as well as a full-service infant department offering furniture, apparel and accessories, occupy spaces of 15,000 sq.ft. to 20,000 sq.ft. in outlet centers and urban/downtown areas. Growth opportunities are sought throughout the existing markets during the coming 18 months. A vanilla shell is required. Typical leases run 25 years. Preferred cotenants include national retailers offering midto-low price points. For more information, contact Sammy Botton, Kidstown, 450 7th Avenue, Suite 1401, New York, NY 10123; 212-564-1616 Ext. 27, Fax 212630-0502; Email: sbotton@kidstownusa.com; Web site: www.kidstownusa.com. Magawad, Inc. trades as 4M Fashions at eight locations throughout NJ and NY. The stores, offering dress and casual apparel for men and children, occupy spaces of 2,800 sq.ft. to 3,000 sq.ft. in malls. Growth opportunities are sought throughout Atlanta, GA and Charlotte, NC during the coming 18 months. Typical leases run five years with one, five-year option. Preferred demographics include a population of 50,000 within five miles earning $50,000 as the average household income. For more information, contact Mike Atallah, Magawad, Inc., 1522 Atlantic Avenue, Atlantic City, NJ 08401; 609-347-7996, Fax 609-347-1255.
Underground Printing operates 13 locations throughout IL, IN, KY, MI, MN, PA, WI and WV. The stores, offering custom shirts and other apparel as well as screen printing and embroidery, occupy spaces of 900 sq.ft. to 1,500 sq.ft. on college campuses. Growth opportunities are sought nationwide during the coming 18 months, with representation by Baum Realty Group. For more information, contact Steve Schwartz, Jennifer Watson or Lara Keene, Baum Realty Group, 1030 West Chicago Avenue, Suite 200, Chicago, IL 60642; 312-2753136/3128/3138, Fax 312-666-7970; Emails: steve@baumrealty.com, jennifer@baumrealty.com and lara@baumrealty.com; Web site: www.baumrealty.com. Rainbow Apparel Cos. trades as Rainbow, Rainbow Plus, Rainbow Kids, 579, Kidspot, Fashion Cents, Best Price, Foxmoor, Emphasis and Marianne at 1,200 locations nationwide and internationally. The stores, offering apparel and accessories, occupy spaces of 1,800 sq.ft. to 15,000 sq.ft. in downtown areas, malls and strip centers. Growth opportunities are sought nationwide during the coming 18 months. For more information, contact Andre Nikol, Rainbow Apparel Cos., 1000 Pennsylvania Avenue, Brooklyn, NY 11207; 718-485-3000 Ext. 223, Fax 718-485-3807; Email: anikol@rainbow-mail.com; Web site: www.rainbowshops.com. (continued on page seventeen)
This issue contains information on:
* Retailers operating 31,301 locations with plans to open 1,204 sites * Real estate valued in excess of $19 million to be bought, sold & financed * Leasing activity on over 6.6 million sq.ft. of retail properties
Important News Please Expedite
Postmaster: Periodical
Featuring Pre-Show ICSC PA/NJ/DE IDEX New Construction The Goodman Co. is developing a 200,000 sq.ft. project in Cherokee, NC........................... Pg. 3 Buyers & Sellers Antonoff & Co. Brokerage, Inc. is selling a Safeway-anchored center in Denver, CO............... Pg. 4 LGR Realty Commercial is selling a center in Gahanna, OH........................................... Pg. 11 Food Retailers Expand Dibella’s Old Fashioned Submarines seeks locations throughout MI, NY, OH and PA
Pg. 5 Openings Francesca’s Collections, Inc. to open as many as 65 stores annually................................... Pg. 6 American Eagle Outfitters, Inc. to open a 77kids location in Raleigh, NC.............................. Pg. 10 Exclusives RHYS Commercial Real Estate represents BevMax throughout CT and NY............................... Pg. 10 In the News Copaken White & Blitt merged with First Scout Realty Advisors to form Copaken Brooks........... Pg. 11 Lease Signings Metro Commercial Real Estate, Inc. negotiated a lease with hhgregg in Berwyn, PA............. Pg. 12 Lead Sheet Harmon Face Values to open locations in CT, MD, NJ, NY, New England and Washington, DC........................................... Pg. 14 Cash America Pawn seeking sites throughout AZ, CA, FL, IL, NV and TX............................... Pg. 15 Sources of Financing Lighthouse Commercial Mortgage provides financing for commercial properties.............. Pg. 17 Space Place.............................. Pg. 18
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