Reporting The Nation’s Weekly News on Retailing & Retail Real Estate Volume XXVIII No. XXXIV
September 6, 2013
FEATURING apparel Chains Expand Nationwide Citi Trends, Inc. trades as Citi Trends at 500 locations throughout CA, NV and TX, as well as the southeastern, Midwest and Mid-Atlantic regions of the U.S. The stores, offering family apparel, footwear and accessories, occupy spaces of 12,000 sq.ft. to 15,000 sq.ft. in neighborhood, power and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run five years. A vanilla shell and specific improvements are required. Preferred cotenants include dollar, apparel and shoe stores, as well as supermarkets. For more information, contact Andy Beisel, Citi Trends, Inc., 104 Coleman Boulevard, Savannah, GA 31408; 334-826-1019; Email: abeisel@cititrends.com; Web site: www.cititrends.com.
Formal Specialists, Ltd. trades as Al’s Formal Wear at 100 locations throughout AR, CO, LA, MS, OK and TX. The stores, offering formal wear and tuxedos, catering to men ages of 18 to 34 years, occupy spaces of 900 sq.ft. to 1,500 sq.ft. in malls and power centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run five years with options. Preferred demographics include a population of 125,000 within five miles earning $50,000 as the median household income. For more information, contact Ellis Rushefsky, Formal Specialists, Ltd., 7807 Main Street, Houston, TX 77030; 713-796-7006, Fax 713796-7123; Email: ellis.rushefsky@alsformalwear.com; Web site: www.alsformalwear.com.
Cache, Inc. trades as Cache at 250 locations nationwide. The stores, offering women’s apparel, formal wear and accessories, occupy spaces of 2,000 sq.ft. in regional malls and upscale lifestyle centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 10 years. Preferred cotenants include Bloomingdale’s, Nordstrom, Neiman Marcus and Saks. The company is site-selective. For more information, contact Dawn Balopole, Cache, Inc., 1440 Broadway, 5th Floor, New York, NY 10018; 614-939-5177, Fax 614-9395189; Web site: www.cache.com.
Zingara Swimwear operates 20 locations throughout Miami, FL and internationally. The stores, offering women’s swimwear, handbags and footwear, occupy spaces of 1,000 sq.ft. to 2,000 sq.ft. in various retail settings. Growth opportunities are sought throughout southeastern FL during the coming 18 months, with representation by The Rotella Group. The company prefers to locate in affluent areas. For more information, contact Bill Pace, The Rotella Group, 3300 North Federal Highway, Suite 200, Ft. Lauderdale, FL 33306; 954-5689015; Web site: www.rotellagroup.com. (continued on page seven)
This issue contains information on: • Retailers operating 34,213 locations with plans to open 2,286 sites • Real estate valued in excess of $595 million to be bought, sold & financed • Leasing activity on over 6 million sq.ft. of retail properties s New rtantpedite o p x Im se E Plea
Postmaster: Periodical
Pre-show ICSC western division conference New Construction Jaz Development, LLC plans to deliver over 200,000 sq.ft. of retail space in SC during 2016.... Pg. 3 Buyers & Sellers Teamazon Investment Group acquiring shopping centers on the west coast............................. Pg. 4 Food Chains Expand PDQ wants more in FL plus an entrance to AL and AZ................ Pg. 5 Who’s Opening & Where Mooyah Burgers, Fries and Shakes set to grow in metro New York, NY and PA........................ Pg. 6 Sources of Financing Walker & Dunlop, Inc. actively lending on retail and mixed-use properties................................... Pg. 7 Making the News Levin Management Corp. taps two for its leasing department..... Pg. 7 Lease Signings Matanky Realty Group inks deal with Shopper’s World to anchor a center in Merrillville, IN.......... Pg. 8 Lead Sheet Studio Movie Grill to expand in the top 25 major markets nationwide................................. Pg. 10 Title Boxing Club to enter CT and NY....................................... Pg. 10 Wash & Tan eyes TX for growth opportunities.............................. Pg. 11 Exclusives Rosano Partners reps Los Primos Mexican Food in select markets throughout southern CA............. Pg. 14 Space Place................................ Pg. 14