Reporting The Nation’s Weekly News on Retailing & Retail Real Estate
Volume XXIV No. XXXIV
September 11, 2009
Apparel Chains Expand Nationwide Factory Connection, LLC operates 229 locations throughout AL, AR, KY, LA, MO, MS, OK, TN and TX. The stores, offering activewear for men and women, occupy spaces above 4,000 sq.ft. in urban/downtown areas and strip and value centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run two to five years. A vanilla shell is required. Preferred demographics include a population of 12,000 within three miles earning $30,000 as the average household income. For more information, contact Kenny Littleton, Factory Connection, LLC, 701 Railroad Avenue, Albertville, AL 35951; 256-878-2866, Fax 256878-0629; Email: kal@factory-connection.com; Web site: www.factory-connection.com. Formal Specialists, Ltd. trades as Al’s Formal Wear at 101 locations throughout AR, CO, LA, MS, OK and TX. The stores, offering tuxedos and men’s formal apparel, occupy spaces of 900 sq.ft. to 1,200 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. Preferred demographics include a population of 125,000 within five miles earning $45,000 as the median household income. For more information, contact Ellis Rushefsky, Formal Specialists, Ltd., 7807 Main Street, Houston, TX 77030; 713-796-7006, Fax 713-7967123; Email: ellis.rushefsky@alsformalwear.com; Web site: www.alsformalwear.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 apparel retailer occupies spaces of 1,800 sq.ft. to 15,000 sq.ft. in downtown areas, malls and strip centers. Plans call for 250 openings 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 718-4853807; Email: anikol@rainbow-mail.com; Web site: www.rainbowshops.com. South Moon Under operates 12 locations throughout DE, MD, PA and VA. The stores, offering clothing, swimwear, accessories, shoes, jewelry and gifts for men and women, occupy spaces of 4,000 sq.ft. to 4,500 sq.ft. in freestanding locations, malls and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 10 years with two, five-year options. A vanilla shell is required. Preferred demographics include a population of 10,000 within one mile earning $100,000 as the average household income. For more information, contact Frank Gunion, South Moon Under, 619 Franklin Avenue, Berlin, MD 21811; 410-641-1644 Ext. 101, Fax 410641-3032; Email: frank@southmoonunder.com; Web site: www.southmoonunder.com. (continued on page seven)
This issue contains information on:
* Retailers operating 14,891 locations with plans to open 1,432 sites * Real estate valued in excess of $41.8 million to be bought, sold & financed * Leasing activity on over 5.443 million sq.ft. of retail properties
Important News Please Expedite
Postmaster: Periodical
Featuring New Construction Schlosser Development is developing projects in ID, MN, NC and TX.................... Pg. 3 Excel Realty Holdings is preleasing Red Rock Commons in St. George, UT................... Pg. 3 Openings Vera Bradley will open its first outlet store............................ Pg. 4 Sprouts Farmers Market will open in CA and TX................ Pg. 8 Buyers & Sellers NAI San Diego negotiated the sale of a center in San Diego, CA............................. Pg. 5 Lease Signings Mid-America Real Estate – Wisconsin negotiated a number of leases throughout WI........... Pg. 6 Food Retailers Expand Sub Station II looks for sites throughout GA, KY, NC, SC, TN and VA............................ Pg. 6 Exclusives Transwestern Retail represents Metro Silver Diner in its expansion throughout Washington, DC.................... Pg. 7 Sources of Financing Commercial Partners of IL provides commercial and construction financing........... Pg. 7 Lead Sheet Jerry’s Artarama looks for sites throughout AZ, CA, GA and TX................................... Pg. 9 Hickory Farms is seeking seasonal locations nationwide Pg. 12 Space Place........................... Pg. 14
For more news go to: www.dealmakers.net