Reporting The Nation’s Weekly News on Retailing & Retail Real Estate
Volume XXVII No. XXXIV
September 7, 2012
Home-Related Chains Expand Nationwide Airbase Carpet & Tile Mart operates 11 locations in DE and PA. The stores, offering carpet, hardwood, tile, vinyl and laminate flooring, occupy spaces of 25,000 sq.ft. to 50,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout Exton and Springfield, PA during the coming 18 months. Major competitors include Home Depot and Lowe’s Home Improvement. A land area of three acres is required. For more information, contact Michael Longwill or Jeff Carter, Airbase Carpet & Tile Mart, 230 North Dupont Highway, New Castle, DE 19720; 302-328-1597 Ext. 222/973-769-0742; Fax 302-322-9151; Email: mlongwill@carpetmart.com; Web site: www.carpetmart.com. The Home Depot, Inc. trades as The Home Depot at 2,255 locations nationwide and in Canada and internationally. The home improvement stores, offering electrical, flooring, lighting and bathroom supplies, as well as appliances, outdoor products, paints, tools, lumber and storage items, occupy spaces of 100,000 sq.ft. to 120,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. The company prefers to acquire land areas of 10 to 13 acres for freestanding locations. For more information, contact Mike LaFerle, The Home Depot, Inc., 2455 Paces Ferry Road, Atlanta, GA 30339-4024; 770-433-8211, Fax 770-384-2917; Web site: www.homedepot.com.
Ethan Allen operates 300 locations nationwide and internationally. The upscale home furnishings stores, offering living room, office, dining room and bedroom furniture, as well as home and garden products and home accessories including rugs, artwork and mirrors, occupy spaces of 10,000 sq.ft. to 14,000 sq.ft. in shopping centers and urban/ downtown areas. Limited growth opportunities are sought throughout Los Angeles and Ventura counties in CA during the coming 18 months, with representation by May Realty Advisors. For more information, contact Matthew May, May Realty Advisors, 15206 Ventura Boulevard, Suite 302, Sherman Oaks, CA 91403; 818-5283999, Fax 818-905-7559; Email: matthew@mra.la; Web site: www.mayrealtyadvisors.com. Gibson-McDonald Furniture Stores, Inc. trades as Gibson-McDonald Furniture at 13 locations throughout northern FL and southern GA. The home furnishings stores occupy spaces of 12,000 sq.ft. to 14,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. The company is site selective. For more information, contact Clay Gibson, Gibson-McDonald Furniture Stores, Inc., PO Box 1848, Waycross, GA 31502-1848; 912490-1001 Ext. 208, Fax 912-490-1003; Web site: www.gibsonmcdonald.com.
This issue contains information on:
Important News Please Expedite
Pre-Show ICSC Western Division Conference New Construction Bishop Beale preleasing two centers in FL........................ Pg. 3 Buyers & Sellers Sundance Real Estate acquiring power centers...... Pg. 4 Who’s Opening & Where Hibbett Sports plan up to 60 openings next year.............. Pg. 5 Lease Signings Mid-America Real EstateMichigan Inc. negotiates DSW deal in IL.................... Pg. 5 Exclusives Milestone Associates reps Oakley Vault nationwide..... Pg. 8 Food-Related Chains Expand Roti Mediterranean Grill plans to enter MD and VA.... Pg. 9 Lead Sheet Rainbow Academy to enter CT, NY and PA.................... Pg. 12
(continued on page ten)
* Retailers operating 21,774 locations with plans to open 1,864 sites * Real estate valued in excess of $60 million to be bought, sold & financed * Leasing activity on over 4 million sq.ft. of retail properties Postmaster: Periodical
Featuring
Blast Fitness to enter southern CA....................................... Pg. 13 Making The News Marcus & Millichap promotes eight brokers........................ Pg. 15 Sources of Financing Dockerty Romer & Co. closes loan in FL............................ Pg. 15 Space Place......................... Pg. 16
For more news go to: www.dealmakers.net Mobile Access Code: prewest2012
New Construction The Brookhill Group is preleasing the 14,000 sq.ft. expansion of South Willow Plaza, a 139,730 sq.ft. center located along Interstate 293 in Manchester, NH. Staples and Hobby Lobby anchor the center. Area retail includes Walmart. Junior anchor space is available. Area demographics include a trade-area population of 126,152 earning $45,628 as the average household income. For more information, contact Donald Derman, The Brookhill Group, 501 Madison Avenue, New York, NY 10022; 212-753-3123, Fax 212-371-9515; Email: dderman@brookhillre.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 Stephanie Weaver • stephanie@dealmakers.net Director of Business Development Brenda Buchanan • brenda@dealmakers.net Customer Service Bridget Thoresen • custserv@dealmakers.net Customer Service Jacqueline Pelicano • jp@dealmakers.net Co-Founder Ted Kraus • 1979–2007
The DealmakersTM (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 DealmakersTM 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 08690-0630. Periodical postage paid at Trenton, NJ and at additional mailing offices. Affiliated with Tenant Search, E.S.P., E-Blast Copyright 2012 by TKO Real Estate Advisory Group Inc. 609-587-6200, fax 609-587-3511.
Simon is redeveloping Del Amo Fashion Center, located in Torrance, CA. Macy’s, JCPenney, Sears, Barnes & Noble, Crate & Barrel and LA Fitness anchor the center. The company is also preleasing the 30,000 sq.ft. expansion of The Fashion Mall at Keystone, located at the intersection of 86th Street and Keystone Avenue in Indianapolis, IN. Cotenants include Saks Fifth Avenue, Crate & Barrel, Keystone, The Cheesecake Factory, Maggiano’s Little Italy. The company is also preleasing an expansion of Copley Place, situated on 9.5 acres at the intersection of Huntington Avenue, Dartmouth Street and Stuart Street in Boston, MA. Cotenants include Neiman Marcus and Barneys New York. The company is also preleasing an expansion of Quaker Bridge Mall, located along U.S. Route 1 in Princeton, NJ. Cotenants include Lord & Taylor, Sears, H&M, Coach, Ann Taylor and Sephora. For more information, contact Simon, 225 West Washington Street, Indianapolis, IN 46204; 317-636-1600; Web site: www.simon.com. Michael Salove Co. is redeveloping The Elements, a mixed-use project situated on seven acres along Horsham Road in Horsham, PA. Shop spaces from 350 sq.ft. to 10,600 sq.ft. are available. Cotenants include Curves and Planet Grand Cafe. Area retail includes Creekview Shopping Center, featuring LA Fitness, Target, Giant and Lowe’s Home Improvement. Area demographics include a population of 63,533 within three miles. The average daily traffic count is 49,000 vehicles. For more information, contact Douglas Green, Tim Duffy or Andrew Shpigel, Michael Salove Co., 1845 Walnut Street, 6th Floor, Philadelphia, PA 19103; 215-568-2600 Ext. 718/716/715; Emails: dgreen@salove.com, tduffy@salove.com and ashpigel@salove.com; Web site: www.salove.com. Michael Collard Properties is preleasing phase two of The Landings, located at the intersection of U.S. Highway 1 and 53rd Street in Vero Beach, FL. Area demographics include a population of 79,314 within five miles earning $53,827 as the average household income. The company is also preleasing Lane Park Commons, situated on 13.34 acres at the intersection of State Route 19 and Lane Park Road in Tavares, FL. Area demographics include a population of 46,223 within five miles earning $47,505 as the average household income. For more information, contact Michael Collard, Michael Collard Properties, 1131 Symonds Avenue, Winter Park, FL 32789; 407-599-4444, Fax 407-599-4445; Email: mcollard@collardproperties.com; Web site: www.collardproperties.com. www.dealmakers.net
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Bishop Beale is preleasing Celebration Place, located at the intersection of U.S. Highway 192 and State Road 417 in Celebration, FL. Spaces of 3,000 sq.ft. to 10,100 sq.ft. are available. Area demographics include a population of 31,573 within five miles earning $78,437 as the average household income. The average daily traffic count is 58,500 vehicles. The company is also preleasing The Shoppes at Northview, a 53,650 sq.ft. center situated on seven acres at the intersection of McCulloch Road and Lockwood Boulevard in Oviedo, FL. Inline and endcap spaces from 1,200 sq.ft. to 20,275 sq.ft. are available. The average daily traffic count is 37,317 vehicles. For more information, contact David Cobb, Bishop Beale; 407-426-7702 Ext. 59; Email: david@bishopbeale.com; Web site: www.bishopbeale.com. Tricon Real Estate is preleasing Shoppes at Country Club Drive, an 8,400 sq.ft. center located at the intersection of U.S. Route 1 and Country Club Drive in Titusville, FL. Sears, Regal Cinemas and Bealls anchor the center. Shop space and outparcels are available for lease. For more information, contact Robert Kodsi, Tricon Real Estate; 321-453-5360; Email: triconrealestate.cfl.rr.com; Web site: www.tricondevelopment.com. Forest City is preleasing phase two of The Shops at Wiregrass, a 770,974 sq.ft. regional lifestyle center located at the intersection of State Route 56 and Bruce B. Downs Boulevard in Tampa, FL. JCPenney, Dillard’s, Macy’s and Barnes & Noble anchor the center. Area demographics include a tradearea population of 293,401 earning $71,003 as the average household income. For more information, contact Alan Negrelli, Forest City; 216-416-3427; Email: alannegrelli@forestcity.net. DM
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Buyers and Sellers Calkain Cos is selling a freestanding Dollar General located at the intersection of Turnpike Feeder Road and Winter Garden Parkway in Ft. Pierce, FL. Area retailers include McDonald’s, Winn Dixie, PNC Bank and Bank of America. The fifteen-year NNN lease features annual rent escalations with three, five-year options. The asking price is $1.95 million with a Cap rate of 7.10%. The company is also selling an Applebee’s situated along Eau Gallie Boulevard in Melbourne, FL with an asking price of $3.110 million, a Cap rate of 6.50% and NOI of $202,202.58 with 20 years remaining on the NNN lease and 1% rent increase annually, as well as an Applebee’s in Port Orange, FL with an asking price of $2.7 million and a Cap rate of 6.75% with 20 years remaining on the NNN lease and 1% rent increases annually, also an Applebee’s situated along Osceola Parkway in Kissimmee, FL has an asking price of $2.9 million with a Cap rate of 6.50% with 20 years remaining on the NNN lease and a 1% rent increase annually. In addition the company is selling Applebee’s locations along Palm Bay Road in Melbourne, FL with an asking price of $2.5 million and a Cap rate of 6.85%; along Sykes Creek Parkway in Merritt Island, FL with an asking price of $2.9 million and a Cap rate of 6.5%; and along West Irlo Bronson in Kissimmee, FL with an asking price of $2.3 million and a Cap rate of 6.75%. For more information on the Dollar General property, contact Michael Zimmerman or Patrick Nutt, Calkain Cos., 11150 Sunset Hills Road, Suite 300, Reston, VA 20190; 954-790-6611/954-302-7365; Emails: mzimmerman@calkain.com and patrick.nutt@calkain.com. For more information regarding the Applebee’s properties, contact David Sobelman or Stephen Counts; 813-282-6000; Emails: dsobelman@calkain.com and scounts@calkain.com. The Shopping Center Group is selling phase one of The Plaza At Windward, a 48,199 sq.ft. center along Windward Parkway in Alpharetta, GA. HH Gregg, Office Depot, and LA Fitness shadow anchor the center and area retailers include Costco, The Home Depot and Walmart. Area demographics include a population of 267,000 within seven miles earning $119,462 as the average household income. The asking price is $15.3 million and loan assumption is required. For more information, contact Mark Cooley or Neal Pringle, The Shopping Center Group, 300 Galleria Parkway, 12th Floor, Atlanta, GA 30339; 770955-2434, Fax 770-951-0054; Email: investmentsales@theshoppingcentergroup.com; Web site: www.theshoppingcentergroup.com. page 4
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Ziff Properties, Inc. acquired the Lancer Shopping Center, a 180,194 sq. ft. center located along the Highway 9 Bypass West in Lancaster, SC. Bi-Lo, Big Lots, Citi Trends, and Badcock Furniture anchor the center and cotenants include It’s Fashion and Hibbett Sporting Goods. Ziff Properties, acquired the property for $4.4 million. CB Richard Ellis represented the seller in the transaction. For more information, contact Melissa Autrey, Ziff Properties, Inc., 200 Wingo Way, Suite 100, Mt. Pleasant, SC 29464; 843-724-3463, Fax 843-724-3400; Web site: www.zpi.net. Alexander Acquisitions, LLC is selling a 17,600 sq.ft. freestanding building located along West Broad Street in Columbus, OH. Area retail includes HH Gregg, Value City Furniture, Home Depot, Sears and Target. Area demographics include a population of 100,000 within three miles. The average daily traffic count is 80,000 vehicles. Area draws include Hollywood Casino. The asking price is $1.99 million with a Cap rate of 9.22%. For more information, contact Alex Guzman, Alexander Acquisitions, LLC; 925899-0900. CBRE, Inc. is selling a 14,490 sq.ft. Walgreens located at the intersection of Jefferson Street and Fred Waring Drive in Indio, CA. The asking price for the NNN lease is $6.416 million. The average daily traffic count is 18,000 vehicles. For more information, contact Patrick Toomey or Phillip D. Voorhees, CBRE, Inc., 3501 Jamboree Road, Newport Beach, CA, 92660; 949-725-8507/8521; Emails: patrick. toomey@cbre.com and phil.voorhees@cbre.com; Web site: www.cbre.com.
Sundance Real Estate is looking to acquire singletenant freestanding locations, in addition to power centers located within the northeast, southeast or Midwest regions of the U.S. The preferred price range is $2 million with a Cap rate of at least 8.5%. Preferred acquisitions include centers with an occupancy factor no less than 60%. For more information, contact Marvin Schnee, Sundance Real Estate; 420 Central Avenue, Cedarhust, NE 11516; 516569-4274, Fax 516-569-4275; Email: marvin@sundancerea.com; Web site: www.sundancerea.com. Atlantic Commercial Group, Inc. is selling a .78-acre parcel along North Federal Highway in Boca Raton, FL. Area demographics include a population of 140,433 within five miles earning $93,317 as the average household income. The asking price is $1.2 million. For more information contact Gary Broidis, Atlantic Commercial Group, Inc., 7251 West Palmetto Park Road, Suite 207, Boca Raton, FL 33433; 561-447-8610; Email: gary@atlanticcg.com; Web site: www.atlanticcg.com. Marcus & Millichap negotiated the sale of a 102,513 sq.ft. Home Depot located in Blaine, MN. Target, Walmart, Kmart, and Toys “R” Us surround the site, and area retailers include Best Buy, Burlington Coat Factory, and LA Fitness. For more information, contact Al Taf, Marcus & Millichap, 1100 Abernathy Road Northeast, Building 500, Suite 600, Atlanta, GA 30328; 678-808-2776; Email: al.taf@marcusmillichap.com; Web site: www.marcusmillichap.com.
HomeLand Cos. is selling a land area of 1.10-acres along Devore Road in San Bernardino, CA. The property is best suited for a gas station or a fast food restaurant. The asking price is $350,000. For more information, contact Jeff Voda, HomeLand Cos;. 5319 Ebell Street, Long Beach, CA 90808; 562-754-6689; Email: landindustrial@yahoo.com.
Cushman & Wakefield/Thalhimer negotiated the sale of Knells Ridge Plaza, a 15,000 sq.ft. center located along Battlefield Boulevard in Chesapeake, VA. Atherton Real Estate Development, Inc. and Parker Realty Group, LLC acquired the property from Knells Ridge Plaza, LLC for $1.5 million. For more information, contact Troy Parker, Cushman & Wakefield, Thalhimer Center, 11100 West Broad Street, Glen Allen, VA 23060; 757-457-9998; Email: troy.parker@thalhimer.com.
Baldwin Cos. is selling a 57.88-acre parcel located along Olio Road in Noblesville, IN. The site is adjacent to Hamilton Town Center Lifestyle Center. The asking price is $7.25 million. For more information, contact Brad Untrauer, Baldwin Cos., 14074 Trade Center Drive, Suite 244, Fishers, IN 46038; 317645-4444; Emails: brad@baldwincompanie.com; Web site: www.baldwincompanies.com.
Lee & Associates – Atlanta is selling a 1.119acre parcel located along Jonesboro Road in Lake City, GA. Popeye’s and Subway anchor the site. The asking price is $1 million with a Cap rate of 8%. For more information, contact Steve A. Massell, Lee & Associates; 404442-2838, Fax 404-442-2811; Email: smassell@lee-associates.com; Web site: www.leeatlanta.com. DM
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Who’s Opening and Where Forever 21, Inc. (213-741-5100) plans to open a 22,500 sq.ft. Forever 21 store in a former Borders at Southland Center, a 900,000 sq.ft. center located in Taylor, MI. The company will join Macy’s, Best Buy and JCPenney at the site. The stores target young women and offer trendy clothing, including blouses, shirts, graphic tees, denim, shoes, accessories, lingerie and jewelry, at low price points. Icebreaker (866-363-7466) plans to open a 1,200 sq.ft. TouchLab store at Bethesda Row in Bethesda, MD during March 2013. The company, based out of New Zealand and offering a complete line of pure merino wool apparel, including fitness, travel and children’s clothes, socks and accessories, operates eight TouchLab locations in North America, including Portland, OR; New York, NY; San Francisco and San Jose, CA, as well as Montreal and Vancouver in Canada. Cabela’s, Inc. (308-254-5505) plans to open a 110,000 sq.ft. Cabela’s store along Christiana Road, adjacent to the Christiana Mall, in Christiana, DE during 2014. It will be the company’s first location in DE. The company is also planning to open an 80,000 sq.ft. Cabela’s store at The Falls, a 1.5 million sq.ft. center located in Bristol, VA during 2014. The company currently operates 38 locations nationwide, as well as in Canada. Nordstrom, Inc. (206-628-2111) plans to open a 38,000 sq.ft. Nordstrom Rack store along Boylston Street in the Back Bay section of Boston, MA during spring 2013. The company currently operates more than 228 locations nationwide, under the trade names Nordstrom, Nordstrom Rack, Jeffrey boutique and treasure&bond. Buffalo Wild Wings (952-593-9943), under franchisee Sunshine Restaurant Corp., plans to open four locations in Puerto Rico by 2016, with the first restaurants slated to open during 2013.The company, offering wings, sandwiches, salads and burgers, currently operates more than 835 restaurants nationwide, as well as in Canada. Burgatory (412-781-1456) plans to open a 4,200 sq.ft. restaurant at Gardens of Market Square in Pittsburgh, PA during summer 2014. It will be the company’s third location in Pittsburgh. Beef ‘O’ Brady’s (813-226-2333) plans to open three to four locations in Albuquerque, NM during the next two years. The company currently operates 213 restaurants nationwide.
Lease Signings
Urban Outfitters, Inc. (215-454-5500) plans to open 51 stores during 2013, including 18 Urban Outfitter stores, 15 Free People stores, 16 Anthropologie locations, 1 BHLDN store and one Terrain stores. The company also plans to open an Urban Outfitters at the Arnstein building off Market Square in Knoxville, TN during spring 2013. The company operates 1,400 locations nationwide and internationally, trading as Urban Outfitters, Anthropologie, Free People and Terrain. Dunkin’ Brands (781-737-3000), under franchisees, plans to open 10 Dunkin’ Donuts throughout northern NV, and throughout KS and TX during 2014. The company is also planning to double its store count nationwide during the coming 20 years, including expanding into the Phoenix, AZ, Denver, CO and Las Vegas, NV markets. The company currently operates more than 10,083 locations worldwide. Pier 1 Imports (817-252-8000) plans to open a 9,701 sq.ft. store at Bel Aire Plaza in Napa, CA during 2013. The home decor store will join Chico’s and Umpqua Bank at the center. The company, offering candles, textured carvings, woven textiles, dinnerware and housewares, currently operates over 1,000 locations throughout North America. Trader Joe’s (626-599-3700) plans to open a 15,000 sq.ft. supermarket at Queen Anne View in Seattle, WA during 2014. The company currently operates more than 365 locations throughout 31 states nationwide. Dick’s Sporting Goods (877-846-9997) plans to open a store at the Chico Mall in Chico, CA during 2013. The company also plans to open a 48,000 sq.ft. store at Kohl’s-Trader Joe’s Center in Redding, CA. Hibbett Sporting Goods, Inc. (205-9424292) plans to open 55 to 60 Hibbett Sports stores, expand 15 high performing stores and close up to 18 underperforming stores during 2013. The company currently operates 837 locations in 26 states nationwide. Ashley Furniture Industries, Inc. (608-3233377), under franchisee City Furniture, plans to open a 25,000 sq.ft. Ashley Furniture HomeStore in Oakland Park, FL during early 2013. Ocean’s Fresh Food Group (905-2779988) plans to open a 55,000 sq.ft. Nations Fresh Food supermarket at Jackson Square, located at the intersection of Bay Street and Market Street in Ontario, Canada during spring 2013. DM www.dealmakers.net
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Sansone Group (314-727-6664) negotiated the following leases throughout MO: with Cold Stone Creamery for 1,400 sq.ft. at Shoppes at Cross Keys, located along New Halls Ferry Road in Florissant, with the company representing the landlord, Sansome Cross Keys, LLC, in the transaction and with D. Dooley’s Bar & Grill for 5,000 sq.ft. at Dierbergs Fenton Crossing, located along Old Smizer Miller Road in Fenton, with the company representing the landlord, Fenton Development, LLC, in the transaction. The company also negotiated a lease with Spirit Halloween Superstores for 31,310 sq.ft. at Fairview Heights Plaza, located along Ludwig Drive in Fairview Heights, IL. The company represented the landlord, Fairview Heights Investors, LLC, in the transaction. Center Business Management (310-575-1517) negotiated the following leases throughout CA: with Green Pilates Studio for 950 sq.ft. along Ventura Boulevard in Woodland Hills; with Workaholic Productions for 1,866 sq.ft. along Ventura Boulevard in Encino; with CS Financial for 1,550 sq.ft. along Tampa Avenue in Northridge; with Yogurt Delight for 993 sq.ft. along Flyer Tiger Drive in Santa Clarita; with Berries Frozen Yogurt for 1,000 sq.ft. along Route 66 in Glendora; with United Southland Financial for 1,950 sq.ft. along Hawthorne Boulevard in Lawndale; with Mariposa Grill & Cantina for 4,100 sq.ft. along East Rowland Street in Covina and AllState Insurance for 3,000 sq.ft. along Imperial Avenue in Calexico. Mid-America Real Estate-Michigan, Inc. (248-855-6806) negotiated a lease with Famous Footwear for 5,679 sq.ft. at Hunter’s Square, located at the intersection of 14 Mile Road and Orchard Lake Road in Farmington Hills, MI. The company represented the tenant in the transaction. The company also negotiated a lease with DSW for 28,000 sq.ft. at River Forest Town Center, located at the intersection of Lake Street and Harlem Avenue in River Forest, IL. The company represented the landlord in the transaction. Taylor Long Properties (804-864-9788) negotiated a lease with Spirit Halloween for 8,000 sq.ft. at Cosners Corers, located along Jefferson Davis Highway in Fredericksburg, VA. The company represented the landlord in the transaction. The company also negotiated a lease with Curves for 2,500 sq.ft. at Ashland Hanover Shopping Center, located along North Washington Highway in Ashland, VA. The company represented the landlord in the transaction. (continued on page fifteen)
September 7, 2012
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Exclusives and Leasing Assignments
1
ARE YOU BUYING
THE SERVICES YOU REALLY NEED?
DO YOU REALLY KNOW THE TERMS OF YOUR CURRENT
CONTRACT?
3
WHY AREN’T
RFP’S THE
SOLUTION? CAN I REALLY SAVE MONEY
IN A FRANCHISE AREA?
5
2 4
IS WASTE DIVERSION/
RECYCLING A VITAL
PART OF YOUR SUSTAINABILITY
STRATEGY?
The Dartmouth Co. (518-785-8200) is representing the following companies with their expansion plans: Jonathan Adler in spaces of 3,000 sq.ft. to 4,000 sq.ft. and Five Guys Famous Burgers and Fries utilizing spaces of 2,500 sq.ft. to 3,000 sq.ft. throughout CT; Massage Envy utilizing 4,000 sq.ft. to 5,000 sq.ft. with locations sought throughout MA, ME, NH and VT; Vineyard Vines occupying 2,500 sq.ft. to 5,000 sq.ft., with growth taking place throughout CT, NJ and Long Island, NY; Soul Cycle in spaces of 2,500 sq.ft. to 4,000 sq.ft. throughout Fairfield County, CT; Kay Jewelers utilizing 2,500 sq.ft., Scottrade utilizing 1,500 sq.ft., One 2 One in spaces of 1,500 sq.ft., European Wax Centers using 1,200 sq.ft. to 2,000 sq.ft., HoneyDew Donuts in spaces of 1,200 sq.ft. to 2,000 sq.ft. and Great Clips in spaces of 1,200 sq.ft. to 1,400 sq.ft. throughout New England; Pret A Manger in spaces of 2,500 sq.ft. and expansion opportunities are sought in eastern Boston, MA; Fly Wheel utilizing 2,500 sq.ft. throughout MA; Stone Hearth Pizza using 1,500 sq.ft. to 5,000 sq.ft. throughout eastern MA; Oreck in spaces of 1,000 sq.ft. to 2,000 sq.ft. throughout CT; Planet Wings in spaces of 1,000 sq.ft. to 1,500 sq.ft. throughout CT and NY; Space Ink Apothecary in spaces of 800 sq.ft. to 1,200 sq.ft. throughout Fairfield County, CT; Tivoli Audio in spaces of 800 sq.ft. to 1,200 sq.ft. throughout FL and MA and Vilebrequin in spaces of 700 sq.ft. to 1,000 sq.ft. throughout CT and NY. Milestone Associates (508-650-1929) is representing the following companies with their expansion plans: Fantastic Sams using 1,100 sq.ft. to 1,500 sq.ft. in lifestyle and strip centers, with growth opportunities sought throughout MA, ME, NH, RI and VT; Oakley utilizing 1,000 sq.ft. to 2,000 sq.ft. spaces in enclosed malls and streetfronts, with locations sought nationwide; Staples occupies 10,000 sq.ft. to 15,500 sq.ft., and growth opportunities sought east of Worcester County in MA, ME and NH; Asics Outlet using 2,200 sq.ft. to 2,800 sq.ft. in outlet centers, with growth opportunities sought nationwide; Oakley Vault utilizing spaces of 2,500 sq.ft. to 2,800 sq.ft. nationwide and Trader Joe’s in spaces of 12,000 sq.ft. D throughout the east coast. M
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Food Retailers Expand Nationwide Denny’s operates 1,680 locations nationwide, as well as internationally and throughout Canada. The chain of casual dining restaurants occupies spaces of 4,500 sq.ft. on endcaps or inline spaces of shopping centers, as well as freestanding locations. Growth opportunities are sought throughout central and northern NJ during the coming 18 months, with representation by Pierson Commercial Real Estate, LLC. Tommy’s Coal Fired Pizza operates three locations throughout NJ. The pizzerias occupy spaces of 4,500 sq.ft. to 5,500 sq.ft. in endcaps, and freestanding and downtown locations. Growth opportunities are sought throughout central and northern NJ during the coming 18 months, with representation by Pierson Commercial Real Estate, LLC. Preferred demographics include a population of 200,000 within five miles. The company requires a liquor license. Burger King operates more than 12,300 locations nationwide and internationally. The chain of fast food restaurants occupies spaces of 2,500 sq.ft. in freestanding and corner locations. Growth opportunities are sought throughout central and northern NJ during the coming 18 months, with representation by Pierson Commercial Real Estate, LLC. Qdoba Mexican Grill operates 600 locations nationwide. The restaurants occupy spaces of 2,200 sq.ft. to 2,400 sq.ft. on endcaps or inline spaces of shopping centers, as well as freestanding locations. Growth opportunities are sought throughout central and northern NJ during the coming 18 months, with representation by Pierson Commercial Real Estate, LLC. Preferred demographics include a population of 15,000 within one mile. Preferred average daily traffic counts include 30,000 vehicles. Preferred cotenants include supermarkets and movie theaters. For more information, contact Jason Pierson, Pierson Commercial Real Estate, LLC, 704 Ginesi Drive, Suite 24, Morganville, NJ 07751; 732-707-6902; Email: jason@piersonre.com; Web site: www.piersonre.com. For more information regarding Tommy’s Coal Fired Pizza, visit www.tommycoalfiredpizza.com. Roti Mediterranean Grill operates 15 locations throughout Chicago, IL and Washington, DC. The chain of restaurants, offering fire-roasted chicken, falafel and kabobs, occupy spaces of 2,500 sq.ft. to 3,000 sq.ft. in urban/downtown areas. Growth opportunities are sought throughout MD, VA and Washington, DC during the coming 18 months, with representation by Papadopoulos Properties, Inc. Typical leases run 10 years. The company prefers sites with a dense daytime population.
Tenant improvement allowances are preferred. Venting is required. Point Chaud Café operates five locations throughout Washington, DC. The cafes occupy spaces of 1,200 sq.ft. to 1,500 sq.ft. in urban/ downtown areas. Growth opportunities are sought throughout the existing area during the coming 18 months, with representation by Papadopoulos Properties, Inc. Typical leases run 10 years. Plan B Burger Bar operates four locations throughout CT. The restaurants occupy spaces of 4,500 sq.ft. to 6,000 sq.ft. in urban/downtown areas. Growth opportunities are sought throughout the metropolitan Washington, DC area during the coming 18 months, with representation by Papadopoulos Properties, Inc. Typical leases run 10 years with options. Venting and a class-A liquor license is required. Boloco operates 20 locations throughout Boston, MA and the Washington, DC metropolitan area. The restaurants occupy spaces of 2,000 sq.ft. to 2,500 sq.ft. in urban and suburban storefronts. Growth opportunities are sought throughout the Washington, DC metropolitan area during the coming 18 months, with representation by Papadopoulos Properties, Inc. Typical leases run 10 years. Venting is required. For more information, contact Ralph Tapiero, Papadopoulos Properties, Inc., 1420-B 21st Street Northwest, Washington, DC 20036; 202-466-2200; Email: rtapiero1@verizon.net; Web site: www.papadop.com. Smashburger operates more than 140 locations nationwide. The chain of burger restaurants occupy 2,500 sq.ft. endcaps and inline spaces of shopping centers, along with freestanding locations. Growth opportunities are sought throughout Long Island, NY during the coming 18 months, with representation by The Shopping Center Group. Sonic Drive-In operates over 3,500 locations nationwide. The chain of quickserve restaurants occupy spaces of 1,500 sq.ft. to 2,200 sq.ft. in lifestyle, entertainment, power, neighborhood and regional shopping centers, as well as freestanding locations. Growth opportunities are sought throughout Nassau and Suffolk, NY during the coming 18 months, with representation by The Shopping Center Group. A land area of 30,000 sq.ft. to 45,000 is required, as well as a drive-thru for freestanding locations. For more information, contact Steve Gillman, The Shopping Center Group, 711 Westchester Avenue, White Plains, NY 10604; 914-328-2222, Fax 914-328-2121; Email: sgillman@theshoppingcentergroup.com; Web site: www. theshoppingcentergroup.com. www.dealmakers.net
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Moe’s Southwest Grill operates more than 420 locations nationwide and internationally. The chain of quick-serve Mexican restaurants occupies spaces of 2,400 sq.ft. to 2,800 sq.ft. in endcaps of lifestyle, power and strip centers, in addition to freestanding and urban/downtown locations and malls. Growth opportunities are sought throughout DE, southern NJ and eastern PA during the coming 18 months, with representation by Michael Salove Co. Outdoor patio seating is required. The company prefers to locate to areas with dense residential and daytime populations. The company is franchising. For more information, contact Stanton Brown, Michael Salove Co., 1845 Walnut Street, 6th Floor, Philadelphia, PA 19103; 215-568-2600 Ext. 12, Fax 215-568-2666; Email: sbrown@salove.com; Web site: www.salove.com. Louisiana Fried Chicken operates more than 90 locations throughout AZ, CA, NV and TX. The chain of restaurants, offering fried chicken and southern cuisine, occupy spaces of 900 sq.ft. to 1,500 sq.ft. in endcaps of shopping centers and freestanding locations. Growth opportunities are sought throughout Los Angeles and Orange counties, as well as east of Freeway 710 in CA, with representation by Prince Commercial Real Estate Services. Typical leases run five to 10 years with options. Preferred cotenants include Target, Marshalls and Walmart. The company prefers sites with a drive-thru. For more information, contact George Prince, Prince Commercial Real Estate Services, 2601 Main Street, Suite 540, Irvine, CA 92614; 949-8521300 Ext. 23, Fax 949-852-8300; Email: gprince@princecommercial.com; Web site: www.princecommercial.com. Panera Bread operates 1,504 locations throughout 40 states nationwide, as well as in Ontario, Canada. The restaurants, offering sandwiches, soups and salads, occupy spaces of 3,500 sq.ft. to 4,500 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout Hartford and New London counties in CT and MA, ME, NH and RI during the coming 18 months, with representation by National Commercial Brokers. Typical leases run 10 years with options. A vanilla shell is required. The company prefers site submittals via email. For more information, contact Harmon Lewis or Ed Gerwig, National Commercial Brokerage, 381 Elliot Street, Suite 185L, Newton Upper Falls, MA 02464; Emails: harmonnationalcommercial.com and ed@nationalcommercial.com; Web site: www.nationalcommercial.com. DM September 7, 2012
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Home-Related Chains Expand Nationwide (continued from page one)
Factory Mattress Direct operates 15 locations throughout TX. The stores, offering bedding and mattresses, occupy spaces of 3,500 sq.ft. to 4,500 sq.ft. in freestanding locations and strip centers. Plans call for six openings throughout the existing market during the coming 18 months. Typical leases run five years with options. A vanilla shell is required. Preferred demographics include a population of 20,000 within five miles earning $60,000 as the average household income. The company is also relocating five existing locations. For more information, contact Steve Frey, Factory Mattress Direct, 8409 North Lamar, Austin, TX 78753; 512834-6464, Fax 512-834-9455; Email: stephenaustinfrey@yahoo.com; Web site: www.factorymattresssales.com. Innovative Mattress Solutions trades as Sleep Outfitters, Mattress Warehouse and Mattress Unlimited at 130 locations throughout IN, KY, OH, TN and WV. The stores, offering bedding items and mattresses, occupy spaces of 4,000 sq.ft. to 6,000 sq.ft. in freestanding locations and power centers. Plans call for 45 openings throughout OH during the coming
18 months, with representation by Equity, Inc. Typical leases run five years. A vanilla shell is required. Preferred demographics include a population of 40,000 within five miles earning $40,000 as the average household income. For more information, contact Kelly Gray or Tracey Herron, Equity, Inc., 11 West Monument Avenue, Suite 506, Dayton, OH 45415; 937-291-1179. Kitz & Pfeil Hardware Co. trades as Kitz & Pfeil True Value at five locations throughout WI. The hardware stores, offering tools, cabinetry, paint supplies, housewares, outdoor and automotive products, occupy spaces of 15,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought within 50 miles of OshKosh, WI during the coming 18 months. The company prefers to acquire sites. For more information, contact Jim Stapel, Kitz & Pfeil Hardware Co., 427 North Main Street, OshKosh, WI 54901; 920-236-3340. Haverty Furniture Cos., Inc. trades as Havertys Furniture at 120 locations throughout AL, AR, FL, GA, IN, KS, KY, LA, MD, MS, MO, NC, OH, SC, TN, TX and
VA. The home furnishings stores, offering living room and dining room furniture, as well as home accessories, occupy spaces of 30,000 sq.ft. to 45,000 sq.ft. in freestanding locations, endcaps and inline spaces of shopping centers. Growth opportunities are sought throughout FL, MD, NC, OH, SC, TX and VA during the coming 18 months. A land area of three to four acres is required for freestanding locations. For more information, contact Jeffrey Etherton, Haverty Furniture Cos., Inc., 780 Johnson Ferry Road, Suite 800, Atlanta, GA 30342; 404-443-4352; Email: jetherton@havertys.com; Web site: www.havertys.com. Fuller & Son Hardware trades as Fuller & Son Hardware & Lumber at five locations throughout Little Rock, AR. The hardware stores occupy spaces of 10,000 sq.ft. in strip centers. Growth opportunities are sought throughout AR during the coming 18 months. For more information, contact Bobby Fuller, Fuller & Son Hardware, 7311 Baseline Road, Little Rock, AR 72209; 501562-2345, Fax 501-562-2271; Web site: www.fullerandson.com. DM
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September 7, 2012
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Granada Shoppes | Naples, FL
Call us today for leasing opportunities!
Lead Sheet Michaels Stores, Inc. dba Michaels Arts & Crafts Lance Weibye 8000 Bent Branch Drive Irving, TX 75063 972-409-1300, Fax 469-759-5593 Email: weibyel@michaels.com Web site: www.michaels.com
Arts/Crafts The 1,000-unit chain operates locations nationwide throughout 49 states and Canada. The stores, offering crafts, supplies, home dĂŠcor items and custom framing, occupy spaces of at least 12,000 sq.ft. in freestanding locations, power and strip centers. Growth opportunities are sought nationwide and in Canada during the coming 18 months.
Advance Auto Parts Barry Feinman c/o Vanguard-Fine, LLC 1529 Western Avenue, Suite 102 Albany, NY 12203 518-862-0861 Ext. 202, Fax 518-867-3082 Email: bfeinman@vanguardfine.com Web site: www.vanguardfine.com
Automotive The 3,500-unit chain operates locations nationwide. The stores, offering automotive parts and supplies, occupy spaces of 7,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout western MA, upstate NY and VT during the coming 18 months, with representation by Vanguard-Fine, LLC. Typical leases run 10 to 15 years. Preferred cotenants include supermarkets. Preferred demographics include a population of 25,000 within five miles earning $40,000 as the average household income. Major competitors include AutoZone.
Bridgestone Retail Operations, LLC dba Firestone Ron Ricks 4219 Roswell Road, Suite A Marietta, GA 30062 770-321-4488, Fax 770-321-2240 Email: rricks@bfrc.com
Automotive The 2,100-unit chain operates locations nationwide. The automotive services centers occupy spaces of 8,500 sq.ft. in freestanding locations, malls, power and strip centers, as well as urban/downtown areas. Growth opportunities are sought the southeastern, northeastern and Midwestern regions of the U.S. during the coming 18 months.
Brooks Auto Parts Co., Inc. dba Brooks Auto Parts Wayne Marsh 402 South Peterson Avenue Douglas, GA 31533 912-384-7818, Fax 912-384-1849
Automotive The 42-unit chain operates locations throughout GA. The stores, offering automotive parts and accessories, occupy spaces of 4,000 sq.ft. to 4,500 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing market during the coming 18 months.
Fisher Auto Parts dba Fisher Auto Dave Biery PO Box 2246 Staunton, VA 24402-2246 Email: davidb@fisherautoparts.com Web site: www.fisherautoparts.com
Automotive The 300-unit chain operates locations throughout DE, IL, KY, MA, MD, MO, NC, NH, NY, PA, TN, VA, VT and WV. The stores, offering automotive parts and accessories, occupy spaces of 4,000 sq.ft. to 6,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months.
Pep Boys – Manny, Moe & Jack Jack Diamond c/o USA Realty Advisors 5956 Sherry Lane, Suite 1000 Dallas, TX 75225 214-692-0222 Email: jack@usarealtyadvisors.com
Automotive The 700-unit chain operates locations nationwide throughout 35 states and Puerto Rico. The automotive service centers occupy spaces of 5,000 sq.ft. or 15,000 sq.ft. in endcaps of shopping centers or 15,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout Houston, TX during the coming 18 months, with representation by USA Realty Advisors.
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Lead Sheet Books-A-Million, Inc. dba Books-A-Million, Books & Co. and Bookland Sharon Sprague 402 Industrial Lane Birmingham, AL 35211 205-942-3737, Fax 205-909-9196 Email: spragues@booksamillion.com Web site: www.booksamillioninc.com
Books The 200-unit chain operates locations throughout AL, AR, CT, FL, GA, IA, IL, IN, KS, KY, LA, MD, ME, MI, MO, MS, NC, NE, NH, NJ, NY, OH, OK, PA, SC, SD, TN, TX, VA, WI, WV and Washington, DC. The book stores occupy spaces of 12,000 sq.ft. to 15,000 sq.ft. in malls and power centers. Growth opportunities are sought throughout the eastern region of the U.S. during the coming 18 months. Typical leases run 10 years with options. Specific improvements are required. Preferred demographics include a population of 50,000 within five miles earning $60,000 as the average household income.
Books, Inc. dba Books, Inc. and Compass Books, Inc. Michael Tucker 1501 Vermont Street San Francisco, CA 94107 415-643-3400, Fax 415-643-2044 Web site: www.booksinc.net
Books The 13-unit chain operates locations throughout CA. The book stores occupy spaces of 3,000 sq.ft. to 4,500 sq.ft. in neighborhood centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run five to 10 years. A vanilla shell and specific improvements are required. Preferred demographics include a population of 50,000 within five miles earning $60,000 as the average household income.
Becky’s Cards & Gifts, Inc. dba Becky’s Hallmark Shops Francis Norsworthy Jr. 221 McLaws Circle Williamsburg, VA 23185 757-220-6772, Fax 757-259-0120 Email: fnorsw1@beckyshallmark.com
Cards The 20-unit chain operates locations throughout NC and VA. The card and gift shops occupy spaces of 3,000 sq.ft. to 6,000 sq.ft. in freestanding locations, regional malls, lifestyle, specialty and strip centers, as well as urban/downtown areas and neighborhood community centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run five years with two, five-year options. A vanilla shell is required. Preferred cotenants include Target, grocery and department stores. Preferred demographics include a population of 17,000 within three miles earning $50,000 as the average household income. Major competitors include Walmart and Walgreens. A land area of 0.9 acres is require for freestanding locations.
Erwin Distributing Co., Inc. dba Wally’s Party Factory, Card & Party Factory and Wicked Wally’s Halloween Costumes Walter Erwin PO Box 1419 Ennis, TX 75120 972-875-6971, Fax 972-875-6977 Email: cs@wallyspartyfactory.com Web site: www.wallyspartyfactory.com
Cards The 32-unit chain operates locations throughout OK and TX. The stores, offering cards and party supplies, as well Halloween costumes, occupy spaces of 8,000 sq.ft. to 16,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months.
Rainbow Academy Dave Saltzman c/o Lee & Associates Email: dave.saltzman@lee-associates.com
Child Care The 13-unit chain operates locations throughout NJ. The child care centers occupy spaces of 8,000 sq.ft. to 12,000 sq.ft. in freestanding locations and endcaps of shopping centers. Growth opportunities are sought throughout CT, NJ, Nassua County, NY and PA during the coming 18 months, with representation by Lee & Associates. Typical leases run 15 years. Specific improvements are required. The company prefers site submittals via email.
Micro Electronics, Inc. dba Micro Center Nancy Klemstine 4119 Leap Road Hilliard, OH 43026 614-850-3037, Fax 614-850-3001 Web site: www.microcenter.com
Computers The 23-unit chain operates locations throughout CA, CO, GA, IL, KS, MA, MD, MI, MN, MO, NJ, NY, OH, PA, TX and VA. The stores, offering computers and related products, occupy spaces of 28,000 sq.ft. to 32,000 sq.ft. in freestanding locations, malls and strip centers. Growth opportunities are sought nationwide during the coming 18 months. Preferred demographics include a population of 200,000 within five miles earning $75,000 as the average household income.
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Lead Sheet Beauty Brands Salon Spa Superstore Mitch Truster 4600 Madison, Suite 400 Kansas City, MO 64112 816-960-5760, Fax 816-399-6760 Email: mitchtruster@beautybrands.com Web site: www.beautybrands.com
Cosmetics The 54-unit chain operates locations throughout AZ, CO, IA, IL, IN, KS, MO, NC, NE, OK and TX. The stores, featuring a salon and spa facilities, as well as offering beauty supplies, occupy spaces of 6,000 sq.ft. to 8,000 sq.ft. in freestanding locations, lifestyle, power, specialty and endcaps of shopping centers. Plans call for six to eight openings throughout the existing markets during the coming 18 months. Typical leases run five to 10 years. Specific improvements and a tenant improvement allowance are required. Preferred cotenants include women’s fashion retailers. Preferred demographics include a population of 100,000 within five miles earning $75,000 as the average household income.
Ulta Beth Lamport or Douglas Bomzer c/o Sabre Real Estate Group 500 Old Country Road, Suite 209 Garden City, NY 11530 516-874-8070 Ext. 508/509 Web site: www.sabreny.com
Cosmetics The 489-unit chain operates locations nationwide throughout 45 states. The stores, offering cosmetics, fragrances, skincare and hair care products, as well as featuring a full-service salon, occupy spaces of 10,500 sq.ft. to 12,000 sq.ft. in various retail settings. Growth opportunities are sought throughout Long Island and the outer boroughs of New York, NY during the coming 18 months, with representation by Sabre Real Estate Group.
Blast Fitness Matthew May c/o May Realty Advisors 15206 Ventura Boulevard, Suite 302 Sherman Oaks, CA 91403 818-528-3999, Fax 888-905-7559 Email: matthew@mra.la Web site: www.mayrealtyadvisors.com
Fitness The 12-unit chain operates locations throughout IL, MA, MN and RI. The fitness centers occupy spaces of 18,000 sq.ft. to 25,000 sq.ft. in freestanding locations and shopping centers. Growth opportunities are sought throughout southern CA in Los Angeles, Orange, Ventura, Riverside and San Bernardino counties during the coming 18 months, with representation May Realty Advisors. Typical leases run 10 years. The company will also consider locating in bi-level spaces.
Get In Shape For Women Bill Grad c/o Aries Deitch & Endelson 110 South Central Avenue Hartsdale, NY 10530 914-949-2800 Ext. 104, Fax 914-949-2424 Email: billgrad@ade-re.com Web site: www.ade-re.com
Fitness The 98-unit chain operates locations throughout CA, CT, FL, GA, IN, MA, MD, MN, MO, NC, NH, NJ, PA, RI, TN, VA and WI. The women’s fitness centers occupy spaces of 1,000 sq.ft. in freestanding locations, strip centers and downtown areas. Growth opportunities are sought throughout Fairfield County, CT during the coming 18 months, with representation by Aries Deitch & Endelson. The company prefers to locate in affluent neighborhoods.
Big Lots, Inc. dba Big Lots Jim Diebold 300 Phillipi Road Columbus, OH 43228 614-278-4777 Web site: www.biglots.com
General Merchandise The 1,463-unit chain operates locations nationwide. The stores, offering general merchandise, occupy spaces of 25,000 sq.ft. to 35,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout IA, IL, western IN, western KY, MN, ND, SD and WI during the coming 18 months.
Na Hoku, Inc. dba Na Hoku and Pearl Factory Steve Bookatz 3049 Ualena Street, 12th Floor Honolulu, HI 96819 808-833-7772, Fax 808-837-1358 Web sites: www.nahoku.com and www.pearl-factory.com
Jewelry The 61-unit chain operates locations throughout CA, CO, FL, HI, IL, MA, NV, OR, PA, TX, VA and WA. The jewelry stores occupy spaces of 1,000 sq.ft. to 1,500 sq.ft. in community and tourist centers. Growth opportunities are sought throughout the existing markets during the coming 18 months.
www.dealmakers.net
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September 7, 2012
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Lead Sheet The Jewelers, Inc. dba The Jewelers of Las Vegas Mordechai Yerushalmi 2400 Western Avenue Las Vegas, NV 89102 702-382-7411, Fax 702-382-3307
Jewelry The 12-unit chain operates locations throughout Las Vegas, NV. The jewelry stores occupy spaces of 1,000 sq.ft. to 1,500 sq.ft. in hotels and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months.
Cohen’s Fashion Optical Susan Goldberg 100 Quentin Roosevelt Boulevard Garden City, NY 11530 516-465-6995, Fax 516-390-2230
Optical The 120-unit chain operates locations throughout CT, FL, MA, NH, NJ, NY, PA and Puerto Rico. The eye care centers occupy spaces of 1,000 sq.ft. in regional malls and urban/ downtown areas. Growth opportunities are sought throughout select markets in CT, FL, MA, NH, NJ, NY and PA during the coming 18 months.
Red Wing Shoes Christine Dykes c/o Conviser Property Group 858 Washington Street, Suite 306 Dedham, MA 02026 617-966-2768 Email: christine@conviserpg.com Web site: www.conviserpg.com
Shoes The company operates locations nationwide. The shoe stores, offering a variety of workboots, occupy spaces of 1,600 sq.ft. in endcaps in shopping centers. Growth opportunities are sought throughout MN, NH and RI during the coming 18 months, with representation by Conviser Property Group. Preferred cotenants include grocery stores.
Comcast / Xfinity Penny Wickey, Daniel Neaton or Peter Yeskey c/o Saugatuck Commercial Real Estate, LLC 9 Burr Road Westport, CT 06880 203-222-4194/4188/4195 Web site: www.saugatuckcommercial.com
Specialty The service provider seeks to occupy spaces of 2,800 sq.ft. to 3,500 sq.ft. in various retail settings. Growth opportunities are sought throughout Fairfield County, CT during the coming 18 months, with representation by Saugatuck Commercial Real Estate, LLC.
Oriental Chi Stuart Zall c/o The Zall Co. 4725 South Monaco Street, Suite 340 Denver, CO 80237 303-804-5656, Fax 303-804-9696 Email: szall@zallcompany.com Web site: www.zallcompany.com
Specialty The 25-unit chain operates locations nationwide. The massage therapy centers occupy spaces of 1,000 sq.ft. in regional enclosed malls. Growth opportunities are sought throughout the existing market during the coming 18 months, with representation by The Zall Co. Typical leases run five years. The company will also consider kiosks.
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 14
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Lease Signings (continued from page four)
L3 Corp. (314-469-7400) negotiated the following leases: with Abacdo for 3,800 sq.ft. along Clayton Road in Clayton, MO, with the company representing the tenant in the transaction; with Any Lab Test Now for 1,000 sq.ft. at Big Oaks Crossing Shopping Center in Tupelo, MS, with the company representing the landlord in the transaction; with Cato for 4,000 sq.ft. at Eureka Towne Center in Eureka, MO, with the company representing the tenant in the transaction; with Cavendar’s for 11,876 sq.ft. at Northpoint Shopping Center in Joplin, MO, with the company representing the landlord in the transaction; with Dollar Tree for 10,080 sq.ft. at Sparta Center in Sparta, IL and for 8,000 sq.ft. at Vandalia Commons in Vandalia, IL, with the company representing the tenant in both transactions; with DTLR for 3,750 sq.ft. at State Street Shopping Center in East St. Louis, IL, with the company representing the landlord in the transaction; with Freddy’s Frozen Custard for 3,500 sq.ft. at Stoneridge Village in Jefferson City, MO, with the company representing the landlord in the transaction; with Hibbett Sports for 4,800 sq.ft. at Ozark Centre in Ozark, MO, with the company representing the tenant in the transaction; with KT Nails for 1,320 sq.ft. at Plaza Ste. Genevieve in Ste. Genevieve, MO, with the company representing the landlord in the transaction; with PetSmart for 19,355 sq.ft. in Alexandria, LA, for 12,208 sq.ft. at Highland Town Center in Austin, TX, and for 19,762 sq.ft.at Wheatland Town Crossing in Duncanville, TX, with the company representing the tenants in all transactions; with Premier Wireless for 1,200 sq.ft. at Vogel Road Centre in Arnold, MO and for 1,200 sq.ft. at Plaza DePaul in Bridgeton, MO, with the company representing the tenants in both transactions; with Pub ‘N Grubb for 3,995 sq.ft. at Dardenne Town Square in Dardenne Prairie, MO, with the company representing the landlord in the transaction; with Rue 21 for 4,800 sq.ft. at North Park Shopping Center in Warrensburg, MO, with the company representing the tenant in the transaction; with Sally Beauty for 1,600 sq.ft. at Southern Hills Shopping Center in White Plains, MO, with the company representing the landlord in the transaction and with Ulta for 10,499 sq.ft. at North Park Mall in Joplin, MO, with the company representing the tenant in the transaction.
Real Estate Professionals Making the News
Sources of Financing
Marcus & Millichap (925-953-1716) promoted eight northeast-based agents to vice president investments, including Robert Horvath, Scott Edelstein, Matthew Fotis, Joseph Koicim, Ross Mezzo, Mark Thomson, Ken Wellar and David Weber. The company specializes in commercial real estate investment services nationwide. illi Commercial Real Estate (818-501-2212) hired Eric Friedland as director, tenant representation. In his new role, Friedland will specialize in owner-user acquisitions and sales and retail leasing on behalf of landlords and tenants. The company specializes in leasing, management and investment advisory services. Renaud Consulting (571-765-4433) hired Maninder Singh Sethi. In his new role, Sethi will oversee tenant and landlord representation for retail clients with a focus on gas stations, restaurants, fast food franchises, hotels and liquor stores. Jameson Commercial (312-751-0300) hired Lou Kahn, Ed Gerstein and Brent Burden as senior vice presidents, as well as Jason Mundy as senior associate. DM
Red Star Mortgage Co. as an exclusive correspondent, offers CMBS/Conduit direct execution lending programs from $3 million to $500 million for acquisitions and refinancing of anchored and shadowanchored retail centers and regional malls located within major metropolitan areas nationwide. Interest rates fluctuate in the mid to upper fourth percent range with fixed terms of five to 10 years and amortize over up to 30 years with LTVs of 65% to 75%. For more information, include Red Star Mortgage Co.; 610-578-0715; Email: gpolao@gmail.com. Dockerty Romer & Co. arranged $3.3 million in financing for a 15,000 sq.ft. Walgreens, located at the intersection of Federal Highway and Spanish River Boulevard in East Boca Raton, FL. Legacy Bank of Florida provided the fixed rate loan. The company is a full service commercial mortgage banking company specializing in the capitalization of income producing properties. For more information, contact Nancy L. Dockerty, Dockerty Romer & Co., 70 Southeast 4th Avenue, Delray Beach, FL 33483; 561-330-8000, Fax 561-330-8001; Email: ndockerty@dockertyromer.com; Web site: www.dockertyromer.com. DM
Central Park Marketplace Fredericksburg, VA
RETAIL SPACE AVAILABLE IN EAST COAST’S LARGEST POWER CENTER
Central Park Marketplace has retail spaces available ideal for restaurants and soft goods retailers. The spaces can be combined to total as much as 25,000 square feet, making this the only big box opportunity in the 2.5-million-square-foot power center. Featuring some of the nation’s most prominent retailers like Target, Best Buy, Wal-Mart, Kohl’s and Old Navy and new locations for Barnes & Noble, buybuy Baby, and Christmas Tree Shops. Central Park is just off I-95 between Richmond and Washington, D.C. in Fredericksburg, Va.
Velocity Retail (602-682-8100) negotiated a lease with Capriotti’s Sandwich Shop for 2,560 sq.ft., located at the intersection of Bethany Home Road and 16th Street in Phoenix, AZ. The company represented the tenant and Harrison Commercial represented the landlord, Red Mountain Retail, in the transaction. DM
Agent for this property:
Kristin Perry 571-382-1228 kperry@rappaportco.com www.dealmakers.net
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Fresno – Kings Canyon Pavilion Shopping Center, located at the intersection of South Willow Avenue and East Kings Canyon, has spaces available of 1,555 sq.ft., 2,497 sq.ft. and 3,050 sq.ft. Cotenants include 99 Cents Only and Payless ShoeSource. Area demographics include a population of 141,196 within three miles earning $46,438 as the average household income. The average daily traffic count is 32,500 vehicles. For more information, contact Andy Soloman or Doug Cords, Commercial Retail Associates, 680 West Shaw, Suite 202, Fresno, CA 93704, 559-650-1306/1307; Emails: asoloman@retailassociates.com and dcords@retailassociates.com; Web site: www.retailassociates.com.
Area demographics include a population of 70,625 within five miles earning $93,731 as the average household income. For more information on the Lakewood property, contact Craig Sherby, Brixmor, One Fayette Street, Suite 300, Conshohocken, PA 19428; 610-834-7287, Main Office 610825-7100; Email: craig.sherby@brixmor.com; Web site: www.brixmor.com. For more information on the Somers Point property, contact Dina Berlin; 610-834-7407; Email: dina.berlin@brixmor.com.
8732, Main Office 617-247-2200; Email: nick.andreadis@brixmor.com; Web site: www.brixmor.com.
Illinois Broadview – Broadview Village Square, a center located at the intersection of Cermak Road and 17th Avenue, has outlots available from 1,000 sq.ft. to 10,000 sq.ft. Super Target and Home Depot anchor the center and cotenants include LA Fitness, Office Max, Ashley Furniture and Marshalls. Area demographics include a population of 147,936 within three miles earning $79,230 as the average household income. For more information, contact Liz Krebs or Katie Hennegan, Mid-America Asset Management, Inc., One Parkview Plaza, Ninth Floor, Oakbrook Terrace, IL 60181; 630-954-7326/7233, Main Office 630-954-7300, Fax 630-954-7304/7306; Emails: lkrebs@midamericagrp.com and khennegan@midamericagrp.com; Web site: www.midamericagrp.com.
New Jersey Lakewood – Lakewood Plaza, a 203,547 sq.ft. center located at the intersection of Madison Avenue/Route Nine and West Kennedy Boulevard, has spaces available of 1,250 sq.ft. and 1,643 sq.ft. Shop Rite anchors the center and cotenants include Payless ShoeSource, Dollar Tree, AT&T Wireless and Chase Bank. Area demographics include a population of 173,298 within five miles earning $82,553 as the average household income. Somers Point – Ocean Heights Shopping Center, a 173,011 sq.ft. center located at the intersection of Route Nine and Bethel Road, has spaces available of 1,237 sq.ft., 2,200 sq.ft., 4,000 sq.ft. and 5,002 sq.ft. Shop Rite anchors the center and cotenants include Pier 1 Imports, Starbuck’s, Staples, Subway, GameStop, Five Guys Burgers & Fries, T-Mobile and Applebee’s. page 16
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New York Guilderland – Hamilton Square, a center located along Western Avenue, has multiple spaces available from 1,500 sq.ft. to 7,363 sq.ft. Price Chopper and Gold’s Gym anchor the center and cotenants include H&R Block and Citizens Bank. Area retail includes Walgreens, Dunkin’ Donuts and CVS. Area demographics include a population of 87,332 within five miles earning $75,834 as the average household income. The average daily traffic count is 42,719 vehicles. For more information, contact Keith Parisi or Demetrio Daga, Trinity Realty Group, One Park Place, Suite 204, Albany, NY 12205; 518-458-7203 Ext. 11/26, Fax 518-458-1897; Emails: kparisi@trgcos.com and ddaga@trgcos.com; Web site: www.trgcos.com. Hicksville – A 3,790 sq.ft. building located along North Broadway is available. Area retail includes Sears and IKEA. Area demographics include a population of 298,395 within five miles earning $103,962 as the average household income. The average daily traffic count is 115,000 vehicles. For more information, contact Dennis McCoy or Albert Centrella, NAI Long Island Commercial Real Estate Services, Three Huntington Quadrangle, Suite 307N, Melville, NY 11747; 631-270-3029/3038, Main Office 631-270-3000, Fax 631-2703088; Emails: dmccoy@nailongisland.com and acentrella@nailongisland.com; Web site: www.nailongisland.com. New Rochelle – North Ridge Plaza, a 40,991 sq.ft. center located along Quaker Ridge Road, has spaces available from 448 sq.ft. to 5,300 sq.ft. Area demographics include a population of 434,208 within five miles earning $127,048 as the average household income. For more information, contact Nick Andreadis, Brixmor, 131 Dartmouth Street, Third Floor, Boston, MA 02116; 646-344Dealmakers
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North Carolina Jacksonville – Cross Pointe Center, a 196,214 sq.ft. power center located along Western Boulevard, has a 5,500 sq.ft. space available. Cotenants include Marshall’s, Ashley Furniture, Old Navy, Michael’s and Lane Bryant. Area demographics include a population of 58,816 within five miles earning $46,240 as the average household income. For more information, contact Kelly Voss, Developers Realty Corporation, 1224 Mill Street, Building D-Suite 103, East Berlin, CT 06023; 860-561-0121, Fax 860-521-4323; Email: kelly@developers-realty.com; Web site: www.developers-realty.com. Thomasville – Thomasville Crossing, a 78,509 sq.ft. center located at the intersection of Highway 68 and Hasty School Road, has spaces available from 1,000 sq.ft. to 7,500 sq.ft. Cotenants include Rite Aid, Burger King and Subway. Area demographics include a population of 76,848 within five miles earning $50,575 as the average household income. Wilmington – New Centre Market, a 143,762 sq.ft. center located at the intersection of Market Street and New Centre Drive, has two spaces of 1,600 sq.ft., as well as a space of 2,000 sq.ft. available. Target anchors the center and cotenants include Marshall’s, Office Max, PetSmart, Party City, Sally Beauty and Chick-fil-A. Area demographics include a population of 127,602 within five miles earning $63,090 as the average household income. WinstonSalem – Parkway Plaza, a 283,830 sq.ft. center located at the intersection of Silas Creek Parkway and Peter Creek Parkway, has spaces available from 1,200 sq.ft. and 4,403 sq.ft. Cotenants include Office Depot, Big Lots, Dollar General, Citi Trends, IHOP, Bank of America, Taco Bell, KFC and Rite Aid. Area demographics include a population of 140,714 within five miles earning $58,697 as the average household income. For more information on the Thomasville or Winston-Salam properties, contact Martin Cook, Brixmor, 3440 Preston Ridge Road, Building Four, Suite 425, Alpharetta, GA 30005; 704-759-7344, Main Office 770442-3773; Email: martin.cook@brixmor.com; Web site: www.brixmor.com. For more information on the Wilmington property, contact Pam Harrelson; 704-759-7343; Email: pam.harrelson@brixmor.com.
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Akron – A 2,982 sq.ft. freestanding building, located at the intersection of Vernon Odom Boulevard and Interstate 77, is available. Area demographics include a population of 196,869 within five miles earning $50,488 as the average household income. The average daily traffic count is 69,500 vehicles. The asking rent is $10 psf. Cincinnati – Delhi Plaza, a center located along Delhi Pike, has spaces available of 2,556 sq.ft., 7,050 sq.ft. and 56,217 sq.ft. Cotenants include RadioShack and Dollar General. Area demographics include a population of 215,261 within five miles earning $59,336 as the average household income. Also, Dillonvale Shopping Center, a 146,469 sq.ft. center located at the intersection of Galbraith Road and Plainfield Road, has multiple spaces available. Cotenants include T.J. Maxx, Ace Hardware, Advance Auto Parts and Walgreens. Area demographics include a population of 201,520 within five miles earning $76,434 as the average household income. Cleveland – East 185th Plaza, an 18,588 sq.ft. center located along East 185th Street, has spaces available of 1,600 sq.ft. and 2,938 sq.ft. Cotenants incldue Family Dollar. Area demographics include a population of 170,374 within five miles earning $51,672 as the average household income. Also, Memphis Fulton Shopping Center, a 113,662 sq.ft. center located at the intersection of Memphis Avenue and Fulton Road, has spaces available of 664 sq.ft., 985 sq.ft., 1,800 sq.ft. and 13,000 sq.ft. Save-ALot anchors the center and cotenants include T-Mobile, H&R Block, Citi Trends, Papa John’s and Family Dollar. Area demographics include a population of 345,875 within five miles earning $45,692 as the average household income. For more information on the Cincinnati properties and the Memphis Fulton Shopping Center, contact Joe DelBalso, Paran Management Company, LTD, 2720 Van Aken Boulevard, Suite 200, Cleveland, OH 44120; 216-921-5663; Email: jdelbalso@paranmgt.com, Web site: wwwparanmgt.com. For more information on the Akron property or East 185th Plaza, contact Howard Forman; 216-921-5663 Ext. 221; Email: hforman@paranmgt.com.
include a population of 317,521 within five miles earning $40,315 as the average household income. Mentor – Mentor Commons, a 300,000 sq.ft. center located along Mentor Avenue, has spaces available of 4,000 sq.ft. and 7,445 sq.ft. Super Kmart anchors the center and cotenants include PetSmart, KFC, Applebee’s and Chipotle. Area demographics include a population of 102,145 within five miles earning $74,456 as the average household income. Willoughby – Willoughby Commons, a 457,944 sq.ft. center located along Euclid Avenue, has a 2,500 sq.ft. space available. Target and BJ’s Wholesale Club anchor the center and cotenants include Giant Eagle, Office Max, Regal Cinema and PetSmart. Area demographics include a population of 117,550 within five miles earning $61,788 as the average household income. For more information, contact Steve Altemare or Robert Yaskanich, Goodman Real Estate Services Group, LLC, Legacy Village, 25333 Cedar Road, Suite 305, Lyndhurst, OH 44124; 216-381-8200, Fax 216-3818211; Web site: www.goodmanrealestate.com.
center and cotenants include PetSmart, Michael’s, Verizon Wireless, Bed Bath & Beyond, Famous Footwear, Giant Eagle and Dollar Tree. Area demographics include a population of 65,031 within five miles earning $96,682 as the average household income. Also, West Market Plaza, a 250,000 sq.ft. center located at the intersection of Route 18 and Cleveland Massillon Road, has a 6,118 sq.ft. space available. Lowe’s anchors the center and cotenants include T.J. Maxx, Panera Bread, Bath & Body Works, Pearl Vision, Hallmark, Sally Beauty, DSW, Old Navy, Ulta, Lane Bryant, Subway and The UPS Store. Area demographics include a population of 65,031 within five miles earning $96,682 as the average household income. Mayfield Heights – SOM Center Plaza, a center located at the intersection of Indiana Avenue and SOM Center Road, has a 1,270 sq.ft. space available. Area demographics include a population of 110,468 within five miles earning $91,364 as the average household income. Valley View – Canal Zone, a center located at the intersection of Canal Road and Heinton Road, has a 6,386 sq.ft. space available. Cinemark Theater anchors the center. Area demographics include a population of 217,830 within five miles earning $52,371 as the average household income. For more information, contact Stark Enterprises, 1350 West Third Street, Cleveland, OH 44113; 216-464-2860; Web site: www.starkenterprises.com.
Cleveland – Steelyard Commons, a 700,000 sq.ft. power center located along Steelyard Drive, has multiple spaces available. Target, Walmart Supercenter, Home Depot, Marshall’s, Old Navy, Staples and Petco anchor the center. Cotenants include Applebee’s, Chipotle, IHOP, Taco Bell and Burger King. Area demographics
Dayton – Brandt Pike Place, a 20,940 sq.ft. center located at the intersection of Brandt Pike and Harshman Road, has spaces available of 1,440 sq.ft., 1,600 sq.ft. and 2,000 sq.ft., as well as a divisible 1.86acre outparcel. Kroger anchors the center and cotenants include Aaron’s and Sonic. Area demographics include a population of 134,454 within five miles earning $49,888 as the average household income. New Piqua– Market Place, a 182,918 sq.ft. center located at the intersection of Covington Avenue and Sunset Boulevard, has multiple spaces available from 1,200 sq.ft. to 9,000 sq.ft. Kroger anchors the center and cotenants include Roses, Goodwill, AutoZone and McDonald’s. Area demographics include a population of 28,751 within five miles earning $57,114 as the average household income. For more information, contact Tony Michalak, Brixmor, 22054 Farmington Road, Suite Four, Farmington, MI 48336; 513-7286624, Main Office 248-476-6672; Email: tony.michalak@brixmor.com; Web site: www.brixmor.com. Fairlawn – Rosemont Commons, a 500,000 sq.ft. center located at the intersection of West Market Street and Cleveland Massillon Road, has spaces available of 1,200 sq.ft., 1,500 sq.ft. and 3,240 sq.ft. Walmart and Sam’s Club anchor the www.dealmakers.net
The
Dealmakers
Pennsylvania Glenside – Mount Carmel Plaza, a 14,504 sq.ft. center located at the intersection of Mount Carmel Avenue and Limekiln Pike, has an 850 sq.ft. space available. Cotenants include Domino’s Pizza. Area demographics include a population of 346,260 within five miles earning $82,022 as the average household income. New Holland – New Holland Shopping Center, a 65,878 sq.ft. center located at the intersection of West Main Street and Shirk Road, has spaces available of 2,508 sq.ft., 3,188 sq.ft. and 4,740 sq.ft. Cotenants include Sovereign Bank and Pizza Hut. Area demographics include a population of 30,889 within five miles earning $72,728 as the average household income. For more information on the Glenside property, contact Ron Ruth, Brixmor, One Fayette Street, Suite 300, Conshohocken, PA 19428; 610-834-7283, Main Office 610-825(continued on page eighteen) September 7, 2012
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7100; Email: ron.ruth@brixmor.com; Web site: www.brixmor.com. For more information on the New Holland property, contact Tammy Hovhannesian; 610-834-7616; Email: tammy.hovhannesian@brixmor.com.
South Carolina Easley – Easley Town Center, a power center located at the intersection of Calhoun Memorial Parkway and Price Perry Road, has multiple spaces available from
South Carolina
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2,000 sq.ft. to 18,000 sq.ft. as well as multiple outparcels. Walmart Supercenter and Sam’s Club anchor the center and cotenants include Kohl’s, PetSmart and Marshall’s. Area retail includes Lowe’s, Belk’s Department Store, Kmart, Winn Dixie, Home Depot and Publix. Area demographics include a population of 53,270 within five miles earning $57,236 as the average household income. The average daily traffic count is 36,800 vehicles. For more information, contact Jodi Cross, Cedarwood Development, 1765 Merriman
Road, Akron, OH 44313; 330-836-9971; Email: jcross@cedarwoodd.com.
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September 7, 2012
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Dealmakers
www.dealmakers.net
Texas Lubbock – A center located at the intersection of 82nd Street and University Avenue, has an 815 sq.ft. space available. Cotenants include Sprint and GameStop. Area retail includes Starbuck’s and CVS. Area demographics include a population of 157,731 within five miles earning $58,962 as the average household income. Also, a center located at the intersection of South Loop 289 and Slide Road, has a 6,524 sq.ft. space available. Area retail includes Old Navy, Bed Bath & Beyond, Barnes & Noble, Office Max, PetSmart, Pier 1 Imports and McDonald’s. Area demographics include a population of 185,411 within five miles earning $58,197 as the average household income. For more information, contact Michael Brian, Graco Real Estate Development, Inc.; 806-745-9718, Fax 806-748-1757; Email: michaelb@gracorealestate.com; Web site: www.gracorealestate.com. Grapevine – Grapevine Station, a mixed-use center situated on 40-acres at the intersection of Texan Trail and State Highway 26, has multiple spaces available. Cotenants include Starbuck’s and Northstar Bank. The average daily traffic count is 50,000 vehicles. For more information, contact Chris Leighton, Westwood Real Estate Development, 1000 Texan Trail, Grapevine, TX 76051; 817-442-0000; Email: ccleighton@westwoodland.com; Web site: www.grapevinestation.com. Houston – Keegan’s Village, a 92,000 sq.ft. center located at the intersection of Bissonet Street and South Kirkwood Road, has spaces available from 1,050 sq.ft. to 10,000 sq.ft. Cotenants include CitiTrends and 99 Cents Only. Area retail includes Advance Auto Parts, Bank of America and GNC. Area demographics include a population of 467,518 within five miles earning $56,561 as the average household income. The average daily traffic count is 38,370 vehicles. Port Arthur – Crossroads Center, a 104,000 sq.ft. center located at the intersection of Twin City Highway and 53rd Street, has spaces available from 480 sq.ft. to 21,350 sq.ft. Big Lots anchors the center and cotenants include Family Dollar, RadioShack and Popeye’s. Area demographics include a population of 92,459 within five miles earning $53,376 as the average household income. The average (continued on page twenty)
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daily traffic count is 19,500 vehicles. For more information, contact Malachite Group LTD, 1955 West TC Jester Boulevard, Houston, TX 77008; 713861-8111, Fax 713-861-8117; Web site: www.malachitegroup.com. Houston – A center located at the intersection of Old Spanish Trail and Main Street has spaces available. Cotenants include Bank of America, Chipotle, Verizon Wireless and Five Guy Burgers & Fries. Area demographics include a population of 422,696 within five miles earning $82,036 as the average household income. The average daily traffic count is over 95,000 vehicles. For more information, contact Fidelis Realty Partners, 19 Briar Hollow Lane, Suite 100, Houston, TX 77027; 713-623-6800; Web site: www.fidelisrealtypartners.com.
Texas
Virginia
available. Area retail includes Starbucks, Macy’s and JCPenney. For more information, contact David Saunders, Transwestern, 8200 Interstate Highway 10 West, Suite 800; San Antonio, TX 78230; 210-253-2940/210341-1344, Fax 210-377-2797; Email: david.saunders@transwestern.net; Web site: www.transwestern.net.
the intersection of Huguenot Road and Polo Parkway, has spaces available of 6,654 sq.ft. and 8,800 sq.ft. Kroger anchors the center. Area retail includes Rite Aid, Burger King and Starbuck’s. Area demographics include a population of 119,011 within five miles earning $95,891 as the average household income. The average daily traffic count is over 35,000 vehicles. Richmond – Short Pump Crossing, a center located at the intersection of Pump Road and Three Chopt Road, has two spaces of 2,400 sq.ft. and a space of 900 sq.ft. available. Cotenants include Stein Mart, Staples, Advance Auto Parts, Subway and Wells Fargo Bank. Area retail includes Macy’s, Dillard’s, Lowe’s, PetSmart and Barnes & Noble. Area demographics include a population of 131,044 within five miles earning $87,469 as the average household income. The average daily traffic count is 13,000 vehicles. For more information on the Chesterfield County and Richmond properties, contact Peter Bunin, S.L. Nusbaum Realty Company, 9211 Forest Hill Avenue, Suite 110, Richmond, VA 23235; 804320-7600 Ext. 1310, Fax 804-330-8924; Email: pbunin@slnusbaum.com; Web site: www.slnusbaum.com. For more
Virginia Chesterfield County – Chesterfield Meadows Shopping Center, a center located at the intersection of Centralia Road and Iron Bridge Road, has an 11,297 sq.ft. space available. Cotenants include Dollar Tree, Subway, Wells Fargo Bank, Wendy’s and Taco Bell. Area demographics include a population of 75,699 within five miles earning $78,549 as the average household income. The average daily traffic count is 28,000 vehicles. Midlothian – Village at Swift Creek, a power center located at the intersection of McNeer Parkway and Hull Street, has spaces available of 2,250 sq.ft. and 2,263 sq.ft. Kroger anchors the center and cotenants include Ross Dress for Less, Babies “R” Us, Petco, T.G.I. Fridays and Red Lobster. Also, The Shoppes at Bellgrade, a center located at
San Antonio – Park Oaks Shopping Center, a center located along San Pedro Boulevard, has spaces available of 3,200 sq.ft. and 3,250 sq.ft. Big Lots and Bally’s Total Fitness anchor the center. Also, Westgate Center, a center located at the intersection of San Pedro Boulevard and West Rector Drive, has two spaces of 900 sq.ft.
dirt for sale
Shopping Center
Management n Leasing n Redevelopment rt s Turn Your P r ty Over To The Expse rope r S e r v i n g F l o r i d a f or over 30 yea
Bill eshenbaugh, lic. r. e. Broker bill@thedirtdog.com • (813) 287-8787 x1
n
Jill Strumpf, CSM
Contact: n
Lenore Reynolds, CCIM
Bruce Strumpf, Inc. Shopping Center Management, Leasing & Redevelopment 2120 Drew Street, Clearwater, FL 33765 727-449-2020 • Fax 727-449-2212 e-mail: lenorereynolds@brucestrumpf.com www.brucestrumpf.com
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3.14± acres located at 11350 Gandy Blvd., st. Petersburg The site is located at 11350 Gandy Blvd., Pinellas County, St. Petersburg, Florida 337021906. It is in east St. Petersburg, located on a major east – west thoroughfare that runs from Tampa, Hillsborough County to St. Petersburg, Pinellas County. Reduced from $1,900,000 to $1,727,000. Bank owned. 7.54± acres Vacant Commercial “Cypress abbey”, land o’lakes Blvd., Pasco County, land o’lakes, fl 34638 — New The site has been cleared and seeded. The site is located on U.S. Hwy. 41, half-way between SR 54 and SR 52, one block north of the Land O’Lakes High School and the Pasco County School Board. 600± feet frontage on U.S. Hwy 41. Approvals 26,600 sq. ft. inline retail and 8,000 sq. ft. daycare center. 168 parking spaces. $680,000. 3.63± acres “south shore ruskin” Located at 1401 North U.S. Highway 41, Hillsborough County, Unincorporated Ruskin, FL 33570. The site has 346’ frontage on U.S. Highway 41 and 380’ frontage on 15th Avenue Northeast according to the appraisal. Reduced from $1,000,000 to $750,000. 7.4± acres on Park rd., Plant City 7.4± acres on Park Rd., just north of I-4 next to Stingray Chevrolet in Plant City, FL. The property is zoned C-1A which allows a number of commercial uses. Plans show 3 out parcels. Park Road resurfaced, widened, curb right in, right out. Seller financing is available. Reduced from $1,499,700 to $996,000. 3 Brandon town Center Mall outparcels for sale or lease The three parcels are located at the perimeter of the Brandon Town Center Mall conveniently located just off I-75 and State Road 60 in Tampa, FL. 3.0 acre parcel located at the northwest perimeter of the mall allows for retail use. 6.1 acre and 7.2 acre parcels are located at the southeast perimeter of the mall and allows for retail and office uses. Ground lease rates or prices are negotiable.
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Place your ad in the Pre-Show, Show and Post-Show issues and at no extra cost, receive: • Placement on THE DEALMAKERS “A” LIST • 55,000+ decision makers will be emailed • 500,000+ real estate pros view your ad at www.dealmakers.net • The Dealmakers “A-List” is emailed to 55,000 retail real estate decision makers, providing a synopsis of your advertising message, a thumbnail of your ad and a link to your company’s Web site.
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information on the Midlothian properties, contact Bob Butcher; Ext. 1309; Email: bbutcher@slnusbaum.com. Dale City – Ashdale Plaza, a 93,915 sq.ft. center located along Dale Boulevard, has spaces available of 3,200 sq.ft. and 24,500 sq.ft., as well as a 7,500 sq.ft. pad site. Family Dollar anchors the center. Area demographics include a population of 212,253 within five miles earning $90,862 as the average household income. The average daily traffic count is 45,000 vehicles. For more information, contact Susan McGee, Divaris Real Estate Inc., 11820 Parklawn Drive, Suite 404, Rockville, MD 20852; 301-231-4877 Ext. 28; Email: smcgee@divaris.com; Web site: www.divaris.com. Fredericksburg – Southpoint Shoppes, a center located along Southpoint Parkway, has a 1,204 sq.ft. space available. Lowe’s and Walmart anchor the center and cotenants include FedEx, Kinko’s, Chili’s, Applebee’s, 7-Eleven and Starbuck’s. The average daily
Virginia
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traffic count is 105,000 vehicles. For more information, contact Brian E. Cunningham, Vakos Real Estate, 10151 Southpoint Parkway, Fredericksburg, VA 22407; 540-898-1010; Email: bec@vakosre.com; Web site: www.vakosre.com.
158,313 within five miles earning $55,031 as the average household income. The average daily traffic count is 18,500 vehicles. Also, Sullivan Square Shopping Center, a center located at the intersection of Sullivan Road and Sprague Avenue, has spaces available of 4,487 sq.ft. and 21,700 sq.ft. Area retail includes Walgreens, Fred Meyer, U.S. Bank and KFC. Area demographics include a population of 97,609 within five miles earning $58,248 as the average household income. The average daily traffic count is 48,400 vehicles. For more information on the Crescent Retail property, contact Stephen Pohl or John Jeffreys, NAI Black Commercial Real Estate Services, Inc., 107 South Howard Street, Suite 500, Spokane, WA 99201; 509-622-3568/3566, Main Office 509-6231000; Emails: spohl@naiblack.com and jjeffreys@naiblack.com; Web site: www.naiblack.com. For more information on the Manito Shopping Center property, contact Stephen Pohl or David Wright; 509622-3505; Email: dwright@naiblack.com. For more information on the Sullivan Square property, contact Stephen Pohl. DM
Washington Spokane – Crescent Retail, a center located along West Main Avenue, has multiple spaces available from 1,701 sq.ft. to 3,700 sq.ft. Cotenants include Starbuck’s, Red Robin and Scottrade. Area retail includes Macy’s, Pottery Barn, Williams Sonoma, Ann Taylor Loft, Nordstrom, Gap and Bath & Body Works. Area demographics include a population of 211,471 within five miles earning $50,473 as the average household income. Also, Manito Shopping Center, a center located at the intersection of Grand Boulevard and 29th Avenue, has spaces available of 2,520 sq.ft., 4,852 sq.ft. and 9,585 sq.ft. Ross Dress for Less anchors the center and cotenants include Rite Aid, Chase Bank and Allstate Insurance. Area demographics include a population of
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What you’ve missed in the last 47 issues
• 2,300,000 locations of retailers with plans to open 150,000 sites • $27 billion to be bought, sold and financed • Leasing activity on over 600 million sq.ft. of retail property
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Expedite your order by faxing the completed form to 609-587-3511 P.O. Box 2630 | Mercerville, NJ 08690 | 800-732-5856 or 609-587-6200 | Fax 609-587-3511 | www.dealmakers.net page 22
September 7, 2012
The
Dealmakers
www.dealmakers.net
MANAGEMENT| LEASING | ACQUISITIONS| DISPOSITIONS | CONSULTING
3200 North Federal Highway Fort Lauderdale, FL 33306 954.537.2700 | info@gumberg.com | www.gumberg.com
meet us at the iCsC western division ConferenCe | booth 1531 | september 19-21 | san diego, Ca
COLE REAL ESTATE INVESTMENTS®
the landlord
of where america shops®
TracTor Supply alaMoGordo, nM
peTSMarT bellinGhaM, wa
hobby lobby loGan, uT
eaSTland cenTer weST covina, ca
whole foodS reno, nv
SanTan MarkeTplace GilberT, az
FOR ACQUISITIONS CRITERIA AND LEASING AVAILABILITY, VISIT WWW.COLECAPITAL.COM/REALESTATE.
single-tenant aCQuisitions: brian GarriGan 949.251.1000 | bgarrigan@ColeCapital.Com
multi-tenant aCQuisitions: ScoTT holMeS 602.778.6182 | sholmes@ColeCapital.Com
sale-leasebaCks: williaM broMS 720.336.1780 | bbroms@ColeCapital.Com
nationwide leasing: breTT SheeTS 602.778.6300 | bsheets@ColeCapital.Com
Cole is not affiliated or assoCiated with, is not endorsed by, does not endorse, and is not sponsored by or a sponsor of the tenants or of their produCts or serviCes piCtured or mentioned. the names, logos and all related produCt and serviCe names, design marks and slogans are the trademarks or serviCe marks of their respeCtive Companies.
2325 east CamelbaCk road, suite 1100, phoeniX, aZ 85016 www.ColeCapital.Com | 1.877.800.Cole (2653) © 2012 Cole Capital advisors, inC. all rights reserved.