Reporting The Nation’s Weekly News on Retailing & Retail Real Estate Volume XXVIII No. XXXV
September 13, 2013
FEATURING supermarket Chains Expand Nationwide Ahold USA trades as Stop & Shop at 375 locations throughout CT, MA, NH, NJ, NY and RI. The supermarkets, featuring bakery, deli, produce, floral and seafood departments, as well as pharmacy, occupy spaces of 35,000 sq.ft. to 70,000 sq.ft. in freestanding locations, mixed-use and strip centers, as well as urban/downtown areas. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 20 years. Preferred cotenants include home improvement and discount department stores. Preferred demographics include a population of 30,000 within two miles. For more information, contact Tara Mullen, Ahold USA, 1385 Hancock Street, Quincy, MA 02169; 617-770-8626, Fax 617-770-6222; Web site: www.stopandshop.com. C & K Market, Inc. trades as Ray’s Food Place, Shop Smart and C & K Market at 60 locations throughout CA and OR. The supermarkets occupy spaces of 20,000 sq.ft. to 46,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 20 years with two, five-year options. A vanilla shell is required. Preferred demographics include a population of 20,000 within five miles. Major competitors include Safeway. For more information, contact Kevin Crumley, C & K Market, Inc., 615 Fifth Street, Brookings, OR 97415; 541-469-3113, Fax 541-469-6717.
Saker ShopRite, Inc. trades as ShopRite at 29 locations throughout NJ. The supermarkets occupy spaces of 60,000 sq.ft. to 70,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout central NJ during the coming 18 months. For more information, contact Howard Snowiss, Saker ShopRite, Inc., 922 Highway 33, Freehold, NJ 07728; 732-462-4700, Fax 732294-2322. Save-A-Lot operates 1,300 locations nationwide in 36 states. The supermarkets occupy spaces of 10,000 sq.ft. to 20,000 sq.ft. in freestanding locations, strip and value centers, as well as urban/downtown areas. Growth opportunities are sought nationwide during the coming 18 months. Typical leases run five years. A vanilla shell and specific improvements are required. Preferred cotenants include value retailers. Preferred demographics include a population of 30,000 within three miles earning $30,000 to $40,000 as the median household income. Major competitors include Aldi. A land area of two acres is required for freestanding lcoations. For more information, contact Real Estate Department, Save-A-Lot, 100 Corporate Office Drive, Earth City, MO 63045; 314-264-7854, Fax 314-264-7885; Email: realestate@savealot.com; Web site: www.save-a-lot.com. (continued on page fifteen)
This issue contains information on: • Retailers operating 84,563 locations with plans to open 2,934 sites • Real estate valued in excess of $60 million to be bought, sold & financed • Leasing activity on over 6.6 million sq.ft. of retail properties Postmaster: Periodical ews
N rtant dite Impo se Expe Plea
ICSC pa/nj/de idea exchange New Construction Rock Commercial preleasing shopping center in PA................ Pg. 3 Observations & Conversations.... Pg. 4 Buyers & Sellers The Goldstein Group marketing sites for sale in NJ....................... Pg. 6 Food Chains Expand Jersey Mike’s Subs ramps up growth in NJ and eastern PA....... Pg. 8 Marco’s Pizza plans to open 100 locations..................................... Pg. 8 Buffalo Wild Wings expands in select markets in NJ.................... Pg. 8 Who’s Opening & Where GRILLiT to open restaurants in NJ and PA................................... Pg. 11 Lease Signings Bennett Williams inks deal with Five Guys in NJ.......................... Pg. 14 Making the News Transwestern taps talent for its tenant advisory services.............. Pg. 15 Exclusives Silbert Realty reps Wakefern Food in PA................................. Pg. 18 RJ Brunelli handling expansion in select markets of NJ................ Pg. 18 Lead Sheet America’s Kids wants more in NJ and NY....................................... Pg. 19 The Pep Boys to grow in DE, NJ and select regions of PA............. Pg. 19 Ace Hardware hot for more sites in DE, NJ and eastern PA............ Pg. 21 Lifeway Christian Stores plans to open up to 14 locations nationwide................................. Pg. 22 Space Place................................ Pg. 24
new construction AG Development Group, Inc. and E XXCEL Project Management are preleasing Miracle City Towne Centre, a 315,000 sq.ft. redevelopment project along U.S. Highway 1 in Titusville, FL. Anchor space and outparcels are available. Area demographics include a trade-area population of 139,839 earning $64,817 as the average household income. The average daily traffic count is 24,170 vehicles along U.S. Highway 1. For more information, contact Allen Goins, AG Development Group, Inc.; 813265-4500; Email: agoins1@aol.com.
President/Publisher Ann O’Neal • ann@dealmakers.net Editor Erin Dunkley • erin@dealmakers.net Editor Stephanie Weaver • stephanie@dealmakers.net Art Director Anthony Pingicer • anthony@dealmakers.net Director of Business Development Brenda Buchanan • brenda@dealmakers.net Account Executive Jacqueline Pelicano • jp@dealmakers.net Research Assistant Brenda Robinson • brendar@dealmakers.net Customer Service custserv@dealmakers.net Co-Founder Ted Kraus • 1979–2007
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Blakeley Commercial Real Estate is preleasing Borgfeld Market, a 40-acre mixeduse development located at the intersection of Cibolo Valley Drive and Borgfeld Road in Cibolo, TX. Walmart Supercenter will anchor the center and cotenants include South Texas Pediatrics and Kids R Kids Day Care. Area demographics include a population of 85,053 within a five-mile radius earning $89,785 as the average household income. The average daily traffic count is 39,000 vehicles. A 12-acre parcel is available. The project is scheduled to break ground late 2013. For more information, contact Lynn Blakeley, Blakeley Commercial Real Estate, 7330 San Pedro, Suite 510, San Antonio, TX 78216; 210-349-6111; Email: lynn@blakeleyres.com; Web site: www.blakeleyres.com. Lincoln Property Co. is developing a Gates of Prosper, a 500-acre mixed-use development located at the intersection of Preston Road and Highway 380 in Prosper, TX. The first phase will include 300,000 sq.ft. of retail and is slated to open during the fourth quarter of 2015. The company is also developing an 80-acre mixed-use development at the intersection of Preston Road and State Highway 121 in Plano, TX. For more information, contact Lincoln Property Co., 2000 McKinney Avenue, Suite 1000, Dallas, TX 75201; 241-740-3300, Fax 214-740-3441; Web site: www.lpc.com. DeBartolo Development is preleasing a mixed-use development situated on 87 acres at the intersection of Fort Clarke Boulevard and West Newberry Road in Gainesville, FL. Plans call for 187,000 sq.ft. of retail and
office space to be built, along with seven outparcels for sale, lease or build to suit. Area demographics include a population of 107,192 within five miles earning $66,778 as the average household income. The average daily traffic count is 51,000 vehicles. The project is slated to open during 2015. For more information, contact Seth Layton, DeBartolo Development, 4401 West Kennedy Boulevard, Third Floor, Tampa, FL 33609; 813-676-8496; Email: slayton@debartolodevelopment.com; Web site: www.debartolodevelopment.com. Strategic Retail Advisors is preleasing Atlantic Crossing, a mixed-use development located along Atlantic Avenue in Delray Beach, FL. The development will feature a 95,000 sq.ft. office component, a 40,000 sq.ft. retail component and a 400,000 sq.ft. residential component, as well as green roof buildings, bike paths, tropical landscaping and pedestrian sidewalks. For more information, contact Drew Barkett or Steve Friedman, Strategic Retail Advisors, 1001 North U.S. Highway One, Suite 710, Jupiter, FL 33477; 561-7438724; Emails: dbarkett@srdevelopment.com and sfriedman@sraretail.com; Web site: www.sraretailsouth.com. Rock Commercial Real Estate is preleasing Shops at Lion’s Gate, a 43,423 sq.ft. strip center located in Bloomsburg, PA. Area draws include Bloomsburg University. For more information, contact Benjamin M. Chiaro, Rock Commercial Real Estate, 221 West Philadelphia Street, Suite 19, York, PA 17401; 717-854-5357, Fax 717-854-5367; Email: bchiaro@rockrealestate.net; Web site: www.rockrealestate.net. DM
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 2013 by TKO Real Estate Advisory Group Inc. 609-587-6200, fax 609-587-3511.
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Rock Commercial Real Estate is preleasing Shops at Lion Gate in Bloomsburg, PA. September 13, 2013 | Page 3
observations and conversations Ann O’Neal Welcome to The Dealmakers special edition for the ICSC’s Pennsylvania, New Jersey and Delaware Idea Exchange in Atlantic City. Leasing activity in this region has picked up substantially in the past year and quite a few retailers and new restaurant concepts are coming into New Jersey and Pennsylvania. Buyers and sellers of retail sites, and investment sales brokers are expressing concern about rising interest rates and stating that the lack of product makes acquisitions challenging in these markets. Vacancy rates and asking rents are stable throughout New Jersey and eastern Pennsylvania. I recently talked with developers, brokers and retailers involved in both New Jersey and Pennsylvania; the developers in Pennsylvania were substantially more bullish on building new shopping centers, while their counterparts in New Jersey were focused more on redevelopment projects. A massive redevelopment project is being endeavored by Triple Five. I call it a redevelopment, because even though the site never opened, the concept formerly known as Xanadu was so ill-conceived that it requires a major redo. The fivemillion square foot American Dream Meadowlands Mall located in Rutherford, New Jersey is scheduled to open next year. Rumors are that Forever 21 will open a store of at least 100,000 square feet and Zara, a chain of fashion forward stores based in Spain, will occupy 50,000 square feet, as well Uniglo and Topshop serving as additional fashion anchors. Anchors are getting aggressive in these two states and most of the activity is stemming from specialty supermarkets that are stepping up new store expansion. The Fresh Market, Inc., a specialty supermarket chain with 139 stores operating in 26 states, is opening its second store in New Jersey at a site in Bedminster and recently opened its fourth store in Pennsylvania at a center in Mt. Lebanon. The publically-traded chain has thirty leases executed and is poised to open approximately 20 stores by year’s end. Most likely, Giant Eagle, Inc. will also ramp up its growth now that H&R Real Estate Investment Trust acquired a 33% stake in ECHO Realty, the real estate arm of Giant Eagle supermarkets for $294 million. The capital infusion is earmarked to acquire additional retail properties in the eastern states. It will be interesting to see if the supermarket chain will start to expand further into eastern PA. Wegmans has plans to open a supermarket by mid-2014 in Montgomeryville, Pennsylvania. Whole Foods continues to grow in Pennsylvania and is proposed to co-anchor a site in the Lehigh Valley market with Costco and Target. The general merchandiser, Target, is also opening a store in King of Prussia, Pennsylvania next year. Another interesting anchor concept that has the northeast in its long range expansion plans is Flix Brewhouse, a 32,000 square foot to 40,000 square foot concept offering first-run movies on eight to ten screens and casual dining, along with specialty beers and wine. The initial expansion plans call for growth in secondary metro markets in the northeast and northwestern states, with an immediate focus on major markets in the southeast, southwest and Midwest. The company anticipates having fifteen units operating by 2017 and its criteria calls for urban and suburban sites located at least three miles from existing movie theaters. The first location is in Round Rock, Texas and the city is known for being the headquarters for Dell computers. Its second unit is slated to open next year in Des Moines, Iowa. I also came across several specialty stores that recently entered the New Jersey and Pennsylvania markets. Soft Surroundings, an
Page 4 | September 13, 2013
eleven-unit chain operating stores in Colorado, Connecticut, Illinois, Massachusetts, Missouri and Texas, recently entered Pennsylvania with a 5,400 square foot location in the King of Prussia Mall, one of the most premiere shopping venues in eastern region of the state. The chain is owned by Brentwood Associates, a private equity firm, and it predominately locates in lifestyle centers. The stores carry cosmetics and skin care, comfortable clothing, accessories and footwear, as well as home décor, furniture and bedding merchandise. The look of the store is ultra-feminine and the merchandise mix is similar to Anthropologie, but for women over the age of forty. Another is Triumph, a well-known manufacturer of lingerie throughout Europe and Asia. Journelle, a three-unit chain operating in New York City was acquired by Triumph during 2012. The company recently opened its first stores trading as Triumph in the states at Walt Whitman Shops and at Roosevelt Field Mall in Long Island, New York. The chain’s third store is scheduled to open in New Jersey next year. Some well-known casual restaurant chains in the New Jersey market including Corner Bakery, Jersey Mike’s Subs and Ground Round are continuing expansion in the state. GRILLit plans to enter New Jersey and MOOYAH, a fast-casual burger chain with a 600-calorie menu, is focusing growth in New York, Pennsylvania and Virginia. During 2014, MOOYAH plans to open two units in Pennsylvania, along with two locations in Long Island and one each in New York City and Westchester County, New York. The restaurants occupy spaces of 1,800 square feet to 2,400 square feet. Carmel Café & Wine Bar, a chain of modern Mediterranean restaurants recently entered Pennsylvania with a location in Radnor and next year, plans call for an opening in Warrington. The six-unit chain provides its menu on iPad tablets and occupies spaces of 4,200 square feet to 5,000 square feet. A ten-unit chain, Iron Hill Brewery & Restaurant recently opened its second location in New Jersey and plans to enter Pennsylvania next year. Based on the numbers of chains looking to enter these markets or to continue expansion, I think the show in Atlantic City will be a good one. The ICSC show in Boston during July was “meh,” however the conference in Florida last month was busy and the mood was positive. My hunch is that the upcoming shows in Atlanta, Chicago and San Diego will also be well attended and unless we have a major catastrophe or another war, the moods and deal activity will be high all the way through December for the New York National Conference in New York City. I have to wrap it up, so if you’re representing tenants or have space for lease, sites for sale or acquisition needs, let our editors know. Our web site makes it extremely easy to keep us in the loop on your deals. Exposure in The Dealmakers will generate even more leads for you. Go to www.dealmakers.net/free-publicity to get press coverage for your recent deals and opportunities. Stop by and see us in Atlantic City,
Ann O’Neal, Publisher Dealmakers Magazine | www.dealmakers.net
JERSEY MIKE’S CONTINUES NATIONAL EXPANSION >>> Strong Focus on East Coast Growth One of the country’s fastest growing fast-casual concepts Jersey Mike’s Subs, known for its fresh sliced/fresh grilled Jersey Shore-style subs, continues its national expansion with the opening of two new East Coast markets: New York (Market #34) and Delaware (Market #35). The popular sub chain is now in most major metro areas including Chicago, Manhattan and Washington, DC. With more than 100 restaurants in California alone and many more on the way throughout the nation, authentic Jersey Mike’s subs are now available in more than 650 locations from coast to coast. “Last year, Jersey Mike’s experienced record-setting growth and we are on track to blow by that in 2013,” said Mike Parkhill, Senior Vice President, Director of Real Estate, Jersey Mike’s Subs. “Finding A locations is one of our biggest challenges and we are gratified that as our brand grows across the country, landlords are now seeking us out to be in their centers.” Started at the Jersey Shore in 1956, Jersey Mike's continued its steady growth in 2012 opening 92 new restaurants throughout the country, a 33 percent increase in new store growth over 2011. Recently, Technomic ranked Jersey Mike’s the 3rd fastest-growing restaurant chain with sales above $200 million and the company was named one of the top 10 growth companies based on U.S. systemwide sales in the 2013 Nation’s Restaurant News Second 100 ranking. Jersey Mike’s ranked #1 in growth in the sandwich segment. RestauRant VeteRans Join BRand A big part of the growth comes from restaurant industry veterans who are looking to expand their portfolios and have enthusiastically embraced the Jersey Mike’s concept, according to Parkhill. In recent years, many multi-brand, multi-unit operators with extensive operational experience and strong financing have joined up with Jersey Mike’s. “Many of our franchise partners bring decades of knowledge and operational expertise from major brands including Hardee’s, Dunkin’ Donuts, Little Caesars, Smashburger, Wingstop and others,” Parkhill said. “They are attracted by our fresh, quality product, distinctive culture and strong business model.” This interest is no surprise as Jersey Mike’s wins best sub awards in virtually every market it enters. Jersey Mike's has passionate fans
throughout the country who crave their subs made Mike's Way™ with onions, lettuce, tomatoes and a signature olive oil blend, red wine vinegar and spices. The company uses only private labeled meats and cheeses that are sliced fresh for each sub sandwich and piled high on in-store baked bread. Jersey Mike’s culture also sets the brand apart. “Giving...making a difference in someone’s life” has always been a guiding principle at Jersey Mike’s. It’s a philosophy that Jersey Mike’s founder and CEO, Peter Cancro (who opened his first store when he was only 17 years old, before he could even legally operate the slicer), has emphasized to each and every Jersey Mike’s store owner: support the community that supports you. Since 2010, locations throughout the country have raised nearly $7 million for worthy local charities and distributed more than 500,000 free sub sandwiches to help numerous causes. This past March, Jersey Mike’s celebrated its 3rd Annual “Month of Giving,” a national fundraising campaign, raising $1.7 million for 86 local charities. east Coast GRowth Among other regions, Jersey Mike’s is pursuing strong development efforts on the East Coast. The company opened, to long lines, its first Manhattan location, in the Financial District, in July and has a second restaurant planned to open in Midtown in September. “In addition to New York City, we are also growing in New Jersey and Eastern Pennsylvania, including the Philadelphia area,” said Parkhill. “We also just opened the first Jersey Mike’s restaurant in the state of Delaware, in Rehoboth Beach, in July and have additional units planned.” By next year, Jersey Mike’s expects to open another 25 restaurants in New York and New Jersey alone. “We love sharing the Jersey Mike’s experience with local landlords because once they feel the energy in the restaurant, taste an authentic Jersey Shore-style sub and see the traffic into the store, they want us in their location,” Parkhill said. “Above all, we are focused on smart growth with the right franchisees in the right locations.”
For more information, please contact Mike Parkhill, Senior Vice President, Director of Real Estate, 732-208-0900, MParkhill@jerseymikes.com. A store locator, franchise information and real estate details for Jersey Mike’s can be found at www.jerseymikes.com.
buyers and sellers Sabre Real Estate Group, LLC is selling a 9,724 sq.ft. building situated on a land area of 33,725 sq.ft. along Merrick Road in Massapequa, NY. Area retailers include CVS, TD Bank, Five Guys Famous Burgers and Fries, Big Al’s and 7-Eleven. Area demographics include a population of 272,790 within a five-mile radius earning $109,523 as the median household income. The average daily traffic count is 24,156 vehicles along Merrick Road. For more information, contact Ed Czarniak or Ken Hillman, Sabre Real Estate Group, LLC, 500 Old Country Road, Garden City, NY 11530; 516-874-8070 Ext. 511/ 5298; Emails: edward@sabreny.com and ken@sabreny.com. Investment Management Associates, Inc. is selling a land area of 40,800 sq.ft. located at the intersection of Northwest 119th Street and 88th Avenue in Hialeah Gardens, FL. The asking price is $950,000. The company is also selling two one-acre pad sites at the intersection of Miramar Parkway and Red Road in Miramar, FL. The company is also selling one-acre parcels at the intersection of Pines Boulevard and 184th Avenue in Pembroke Pines, FL. The asking price is $1.2 million per acre. For more information regarding the Hialeah Gardens and Miramar properties, contact Andrew Pearl, Investment Management Associates, Inc., 1575 San Ignacio Avenue, Suite 400, Coral Cables, FL 33146; 305-661-0110, Fax 305-661-7803; Email: apearl@ima-realestate.com; Web site: www.ima-realestate.com. For more information regarding the Pembroke Pines property, contact Daniel Baumgard; Email: dbaumgard@ima-realestate.com.
Phillips Edison & Co. is seeking to acquire core and value-added retail properties nationwide. Suitable acquistions include single or multiproperty portfolios and grocery-anchored centers with no financing contingencies. For more information, contact Hal Scudder, Phillips Edison & Co.; 801-9836302; Email: hscudder@phillipsedison.com. For additional information regarding sites in the Western region, contact Paul Mittmann, 949-225-2150; Email: pmittmann@phillipsedison.com. For more information regarding opportunities in the Midwest, contact Derk Taylor, 513560-8095; Email: dtaylor@phillipsedison.com. For additional information regarding sites in the Ohio Valley area, contact Greg Hausfeld, 513-619-5057; Email: ghausfeld@phillipsedison.com. For more information regarding opportunities throughout the southeastern region, contact David Wik, 513-746-2557; Email: dwik@phillipsedison.com. For more additional information regarding sites throughout the northeastern region, contact Jessica Booker, 513-619-5036; Email: jbooker@phillipsedison.com. Orion Investment Real Estate is selling Desert Sky Station, located in Phoenix, AZ. Regency Beauty Institute anchors the center. Area retail includes Desert Sky Mall, Sears, LA Fitness, Dillard’s, Target, Walmart and Lowe’s Home Improvement. The asking price is $3.185 million with a Cap rate of 8%. For more information, contact Andrew Harrison, Orion Investment Real Estate, 7135 East Camelback Road, Suite 202, Scottsdale, AZ 85251; 602-889-9379; Email: andrew.harrison@orionprop.com; Web site: www.orionprop.com.
The Goldstein Group is selling a 7,600 sq.ft. strip center located along Clifton Avenue in Clifton, NJ. The center is 100% occupied. The asking price is $2.773 million with a Cap rate of 8.53%. The company is also selling a 4,500 sq.ft. bi-level retail building located along Bergenline Avenue in West New York, NJ. Area retail includes TD Bank, Rite Aid, 7-Eleven, Taco Bell, Burger King, McDonald’s, RadioShack, Payless ShoeSource, Dunkin’ Donuts and Bank of America. Area demographics include a population of 184,337 within two miles earning $65,266 as the average household income. The company is also selling a 40,000 sq.ft. center located along North Middletown Road in Nanuet, NY. Area retail includes Starbucks, Panera Bread, Five Below, Petco, Massage Envy and Modells. The average daily traffic count is 20,000 vehicles. Area demographics include a population of 224,390 within a five-mile radius earning $116,071 as the average household income. For more information regarding the Clifton property, contact Lew Finkelstein or CJ Huter, The Goldstein Group; 201-703-9700 Ext. 122/118. For more information regarding the West New York property, contact Matt Flath or Neil Goldstein; Ext. 119/112. For more information regarding the Nanuet property, contact Scott Milich; Ext. 139. DeBartolo Development is selling three outparcels of approximately one-acre at Andros Isles Marketplace, located at the intersection of Beville Road and Interstate 95 in Daytona Beach, FL. Area demographics include a population of 155,847 within a seven-mile radius earning $49,309 as the average household income. The site is located near the Daytona International Airport, Daytona Speedway and Embry Riddle. For more information, contact Seth Layton, DeBartolo Development, 4401 West Kennedy Boulevard, Third Floor, Tampa, FL 33609; 813-676-8496; Email: slayton@debartolodevelopment.com; Web site: www.debartolodevelopment.com. Z Realty Group, LLC negotiated the sale of a 201,000 sq.ft. freestanding Walmart Supercenter situated on 21.56 acres at Troy Towne Shopping Center, located along Interstate 75 in Troy, OH. The company represented the buyer and EXP Realty Advisors represented the seller in the transaction. For more information, contact Maria Ponirovskaya, Z Realty Group, LLC, 1564 Lemoine Avenue Fort Lee, NJ 07024; 201867-1110; Email: info@zrealtygroup.com; Web site: www.zrealtygroup.com.
The Goldstein Group is selling a strip center in Clifton, NJ. Page 6 | September 13, 2013
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Great Leasing Opportunities. North East Properties NEW YORK East Meadow Commons
NEW JERSEY Botany Plaza Clifton, NJ
East Meadow, NY
Retail Power Center
SoHo
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Pleasantville, NJ
Wyncote, PA
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ALABAMA Flintridge Centre Fairfield, AL
NORTH CAROLINA
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Birmingham Market
Fayetteville, NC
INDIANA First Diamond Plaza
OHIO Canton Centre
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Springfield, OH
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MICHIGAN Cedar Village
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WEST VIRGINIA K-Mart Plaza Weirton, WV
Detroit Market
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food chains expand nationwide Jersey Mike’s Franchise System trades as Jersey Mike’s Subs at more than 560 locations nationwide throughout 31 states. The sub shops occupy spaces of 1,200 sq.ft. to 1,600 sq.ft. in strip centers. Growth opportunities are sought throughout NJ, eastern and the Philadelphia, PA metropolitan region, and New York, NY during the coming 18 months. Typical leases run five years with options. Preferred cotenants include grocery stores. Preferred demographics include a population of 50,000 within three miles earning $50,000 as the average household income. Major competitors include Blimpie, Subway and Quiznos. The company is franchising. For more information, contact Mike Parkhill, Jersey Mike’s Franchise System, 2251 Landmark Place, Manasquan, NJ 08736-1026; 732-223-4044, Fax 732-2230777; Web site: www.jerseymikes.com. Marco’s Franchising LLC trades as Marco’s Pizza at 385 locations nationwide. The pizzerias occupy spaces of 1,200 sq.ft. to 2,500 sq.ft. in strip centers. Plans call for 100 openings throughout the existing market during the coming 18 months. Typical leases run five to 10 years. A vanilla shell and tenant improvement allowance are required. Preferred cotenants include Sprint and AT&T. Preferred demographics include a population of 20,000 within three miles earning $55,000 as the average household income. Major competitors include Papa Johns and Pizza Hut. The company prefers site submittals sent via its website. For more information, contact Steve Hoza, Marcos Franchising LLC, 5252 Monroe Street, Toledo, OH 43623; 419-885-7000, Fax 419885-5215; Email: shoza@marcos.com; Web site: www.marcosfranchising.com.
White Castle System, Inc. trades as White Castle at 416 locations throughout IL, IN, KY, MI, MN, MO, NJ, NY, OH, TN and WI. The fast food restaurants occupy spaces of 2,000 sq.ft.to 2,500 sq.ft. in freestanding locations and outlots. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 10 years with six, five-year options. Preferred cotenants include Home Depot, Target, Walmart and Lowe’s Home Improvement. Preferred demographics include a population of 35,000 within two miles earning $55,000 as the average household income. Major competitors include Wendy’s, Burger King, McDonalds and Krystal. A land area of 20,000 sq.ft. to 40,000 sq.ft. is required. For more information, contact Rob Albert, White Castle System, Inc., 555 West Goodale Street, Columbus, OH 43215; 614228-5781, Fax 614-559-2560; Web site: www.whitecastle.com. Panda Express operates 1,500 location nationwide and in Puerto Rico. The Chinese restaurants occupy spaces of 1,100 sq.ft. to 2,000 sq.ft. in freestanding locations, entertainment, power, specialty and strip centers, as well as urban/downtown areas. Plans call for six to eight openings throughout northern CA during the coming 18 months, with representation by Terranomics Retail Services. A vanilla shell and specific improvements are required. Preferred cotenants include Target, Walmart and big box retailers. For more information, contact Sharon Carmichael, Terranomics Retail Services, 1350 Bayshore Highway, Suite 900, Burlingame, CA 94010; 408-200-8811, Fax 408-2008810; Email: scarmichael@terranomics.com; Web site: www.terranomics.com.
Jersey Mike’s Subs is seeking growth opportunities throughout NJ, eastern and the Philadelphia, PA metropolitan region, and New York, NY during the coming 18 months. Page 8 | September 13, 2013
Wendy’s operates more than 6,500 locations nationwide and internationally. The fastfood restaurants occupy spaces of 2,500 sq.ft. to 3,500 sq.ft. in various retail settings. Growth opportunities are sought throughout Staten Island, NY and Ocean, Monmouth, Middlesex, Union, Passaic, Essex and Warren counties in NJ during the coming 18 months, with representation by Winick Realty Group. Buffalo Wild Wings operates more than 850 locations nationwide. The chain of restaurants, offering wings, burgers, salads and appetizers, occupy spaces of 5,500 sq.ft. to 7,500 sq.ft. in endcaps of shopping centers, pad sites, freestanding location and second-generation spaces. Growth opportunities are sought throughout Staten Island, NY and New Brunswick, Toms River, Lawrenceville, Princeton, Hamilton and East Windsor, NJ during the coming 18 months, with representation by Winick Realty Group. For more information regarding Wendy’s or Buffalo Wild Wings Bar & Grill, contact Tyler Bennett, Winick Realty Group, 655 3rd Avenue, Eighth Floor, New York, NY 10017; 201-441-3511; Email: tyler@winick.com; Web site: www.winick.com. For more information regarding Jersey Mike’s expansion throughout Long Island, NY, contact Kenneth Hochhauser; 212-792-2605; Email: khochhauser@winick.com. Sakura operates 21 locations throughout CA, MD, NJ and VA. The Japanese steakhouses occupy spaces of 10,000 sq.ft. in various retail settings. Growth opportunities are sought throughout MD during the coming 18 months, with representation by JBG Rosenfeld Retail. For more information, contact John Mitchell, JBG Rosenfeld Retail, 4445 Willard Avenue, Suite 700, Chevy Chase, MD 20815; 301-657-0700, Fax 301-6579850; Email: jmitchell@jbgr.com; Web site: www.sakurasteakhouse.com. Subway Development Group trades as Subway at 39,000 locations nationwide and internationally. The sub shops occupy spaces of 1,000 sq.ft. to 1,400 sq.ft. in freestanding locations, malls, inline spaces and endcaps of shopping centers. Growth opportunities are sought throughout New London, CT and Barnstable, Bristol, Dukes, Nantucket and Plymouth, MA and RI during the coming 18 months. For more information, contact Brian Dixon, Subway Development Group, 930 Waterman Avenue, East Providence, RI 02914; 860-572-1936, Fax 860-572-1684; Email: brian@subwaydevelopmentgroup.com; Web site: www.subway.com. DM Dealmakers Magazine | www.dealmakers.net
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buyers and sellers (continued from page six)
CB Richard Ellis negotiated the sale of Ocotillo Plaza, a 123,000 sq.ft. neighborhood shopping center located at the intersection of Queen Creek Road and South Alma School Road in Chandler, AZ. The property was acquired for $13.57 million by Ocotillo Plaza De-Rito P Retail, LLC. The company represented the buyer and the seller in the transaction. For more information, contact Katie Peters, CB Richard Ellis, 2415 East Camelback Road, Phoenix, AZ 85016; 602-735-5249, Fax 602735-5655; Email: katie.peters@cbre.com; Web site: www.cbre.com.
The Wilder Cos. and Boylston Properties acquired Arsenal Mall, a 225,000 sq.ft. mall located along Arsenal Street in Watertown, MA. At the time of sale, tenants included The Sports Authority, Old Navy, Marshalls, Gap Outlet, Forever 21, Chipotle, Bath and Body Works, Ann Taylor Factory Store and Victoria’s Secret. The companies acquired the property from, Simon Property Group, Inc. For more information, contact The Wilder Cos., 800 Boylston Street, Suite 1300, Boston, MA 02199; 617-896-4913; Email: leasing@wilderco.com; Web site: www.wilderco.com.
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NAI Keystone Commercial & Industrial, LLC is selling a 6.41 acre property located along Allentown Pike in Temple, PA. The building on site was formerly a car dealership and a ground lease is available. Area retailers include Walmart Supercenter and Sam’s Club. The asking price is $3.2 million. The company is also selling a land area of 2.78 acres along Route 422 in Exeter Township, PA. Area retailers include Walmart Supercenter. The average daily traffic count is 27,000 vehicles. The asking price is $375,000. Also, a 117,000 sq.ft. building, situated on a land area of 3.8 acres, is for sale along North 5th Street Highway in Muhlenberg, PA. The property is positioned for a redevelopment opportunity. Area retailers include Walmart and Target. The average daily traffic count is 19,000 vehicles. The asking price is $1.2 million. Also, Villages at Deer Lake, located along Route 61 in West Brunswick, PA is for sale. For more information, regarding the property in Temple, contact Steve Willems or Bryan Cole, NAI Keystone Commercial & Industrial, LLC; 610-370-8506/8502; Emails: swillems@naikeystone.com and bcole@naikeystone.com; Web site: naikeystone.com. For additional information regarding the site in Exeter Township, contact Steve Willems. For more information regarding the site in Muhlenberg, contact Kyle McKechnie, 610-779-1400; Email: kmckechnie@naikeystone.com. For more information regarding the site in West Brunswick, contact Bryan Cole or John Buccinno; 610-370-8508; Email: jbuccinno@naikeystone.com. LaSala-Sonnenberg Commercial Real Estate Co. is selling a 6,800 sq.ft. freestanding former Romano’s Macaroni Grill situated on 1.68 acres along East Jackson Drive in Independence, MO. Area retailers include On the Border, Joe’s Crab Shack, Buffalo Wild Wings, David’s Bridal, Party America, Bed Bath & Beyond and buy buy Baby. Area demographics include a population of 120,762 within a five-mile radius earning $61,614 as the median household income. The average daily traffic count is 98,488 vehicles. The asking price is $1.15 million. The company is also selling Walmart Supercenter outlots located throughout CO. For more information regarding the site in Independence, contact Mike Sonnenberg, LaSala-Sonnenberg Commercial Real Estate Co., 6310 Lamar Avenue, Suite 100, Overland Park, KS 66202; 913-362-1000 Ext. 112; Email: mike@lasala-sonnenberg.com; Web site: www.lasala-sonnenberg.com. For more information regarding the outlots in CO, contact Carl LaSala, Email: carl@lasala-sonnenberg.com. DM Dealmakers Magazine | www.dealmakers.net
who’s opening and where GRILLiT, Inc. (305-716-4195) recently signed an LOI for a first floor retail space at National City Tower Annex in Louisville, KY and the site will be the third franchised unit. The company also plans to open its third corporate-owned location near the University of Miami and along South Dixie Highway in Miami, FL. Its second franchised unit is expected to open this month at a location in Elizabethtown, KY. The LatinCaribbean fusion restaurant concept opened its first location in Miami in 2011 and its first franchised location opened last month along Church Street in downtown Nashville, TN. The company projects to have at least 21 corporate and 58 franchised locations operating within the next five years. Growth will be focused on FL, GA, KY, NC, NJ, NH, PA, OH and TN. Wok Box (778-545-0233) is opening its first location in the Dallas/Ft. Worth, TX tradearea. The 1,422 sq.ft. restaurant will be located along MacArthur Boulevard in Los Colinas. Wok Box has agreements to open five locations in the Dallas/Ft. Worth metroplex, along with planned opening throughout AZ and FL. The company serves cooked-to-order noodle, rice, curry, and small bite dishes with an open-kitchen concept that highlights sizzling woks on display and currently operates 70 locations worldwide. La-Z-Boy, Inc. (734-241-2435) plans to open, remodel and relocate 20 stores by mid-2014. During fiscal 2015, the company projects opening, remodeling or relocating 20 to 25 additional locations. Growth is taking place in southeastern MI and the Minneapolis/St. Paul, MN market. The company trades as LaZ-Boy Furniture Galleries at 312 corporate and dealer stores.
Sprouts Farmers Market, LLC (480-814-8016) is expected to open approximately 40 Sprouts Famers Market supermarkets by the end of 2014. The company expects to open up to 20 stores throughout IL and has a long-range goal of operating approximately 50 stores within six years throughout IN, MI, MN, OH and WI. The publically-traded company currently operates 165 specialty grocery stores throughout AZ, CA, CO, NM, NV, OK, TX and UT. Fresh Thyme Farmers Market, a new concept organic grocery store and division of Sprouts Farmers Market, is planning to open a location at Fairview City Centre, located at the intersection of North Illinois Street and Lincoln Trail in Fairview Heights, IL during 2014. Pie Five Pizza (800-284-3466) a fast-casual concept serving individualized pizzas, is a subsidiary of Pizza Inn Holdings, Inc., and plans to open 10 franchised units in the Lexington and in Louisville, KY markets by the first quarter of 2014. Future plans call for additional franchised locations throughout the state. The restaurants utilize spaces of 2,100 sq.ft. in mixed-use developments and affluent urban neighborhoods. Currently, the chain operates 11 locations in TX and one each in KS, NC and UT. The Fresh Market (336-272-1338) expects to open 21 to 22 supermarkets this fiscal year and 33 sites have already been secured for stores slated to open by the end of 2015. The chain recently entered the CA and TX markets and growth will be focused on these states and throughout the east coast. The chain of supermarkets currently operates more than 139 stores spanning 25 states in the Southeast, Midwest, Mid-Atlantic, Northeast and Western regions.
East Coast Wings & Grill (954-263-2056) a fast-casual dining concept, specializing in chicken wings, signed agreements to add 80 restaurants nationwide within the next five years. The franchised concept, which also serves salads, wraps, sandwiches and burgers, will enter GA with its first location opening at the Marketplace at Millcreek located along Mall of Georgia Boulevard in Buford. The franchisee, Rulian Restaurant Group, is expected to focus immediate growth north of Atlanta and its surrounding markets. The company operates 27 locations and recently entered TX with a location in Pleasanton. Ahold USA (717-249-4000) is building a 74,000 sq.ft. Martin’s grocery store along Midlothian Turnpike in Richmond, VA during 2014. The company’s division trading as Martin’s Food Markets operates 52 stores in MD, PA and VA. The company also trades as Stop & Shop, Giant Food, Giant Food Stores and Peapod. Fitness Factory Health Club (201-9433099) plans to open a 17,000 sq.ft. boutique wellness center, utilizing a portion of a former A& P Supermarket, in a strip center located along Central Avenue in New Providence, NJ during 2014. The facility will offer nutritional services, personal training, and traditional cardio and weight machines and equipment. The company operates three locations in NJ. BlueCherry Frozen Yogurt (224-848-4090) opened its first unit at a location in Barrington, IL and its second unit recently opened in McHenry. The new concept is also expected to open additional locations in Huntley and Lake Zurich, IL. The company also trades as Brunch Cafés at locations in McHenry, Roselle and Fox River Grove, IL. DM
Publix Super Markets, Inc. (863-680-5371) continues to grow in NC, as it enters the Winston-Salem market with a 49,000 sq.ft supermarket scheduled to open during 2015. A third grocery store in Mecklenburg County, occupying 49,000 sq.ft., at a site in Cornelius is due to open during late 2014. The chain operates over 1,000 supermarkets throughout AL, FL, GA, SC and TN. The Country’s Best Yogurt (317-251-2766) opened a 1,700 sq.ft. franchised TCBY location in Clemson, SC at the Gateway Village Shopping Center. The franchisee operates 17 locations in the Carolinas, primarily in the Charlotte and Charleston areas and has plans to operate a total of 29 locations in the region by the end of 2015. The chain of frozen yogurt shops operates 360 locations nationwide. Dealmakers Magazine | www.dealmakers.net
La-Z-Boy Furniture Galleries plans to remodel and relocate 20 stores by mid-2014. September 13, 2013 | Page 11
18+ million square feet ARIZONA Mesa Kohl’s McKellips Road & Recker Road 95,279 SF GLA Part of Falcon View Plaza w/ Fry’s
KENTUCKY Ashland Russell Centre Route 23 & Diederich Blvd. Lowe’s, Super Kroger 272,000 SF GLA / In-line Space & Pad
Phoenix Freestanding Barnes & Noble 1035 N. Metro Pkwy. West & 28th Dr. Adjacent to Metro Center Mall 19,360 SF on 1.48 Acres
MARYLAND Hagerstown Long Meadow Shopping Center Potomac Ave. (Route 60) & Northern Ave. CVS, PA Dutch Market 243,000 SF GLA Anchor Space/Pad Available
Tolleson Freestanding Kmart West McDowell Road & North 86th Drive 86,479 SF GLA FLORIDA Fern Park Fern Park Plaza Semoran Blvd. (Hwy. 436) & Hwy. 17/92131,646 SF GLA Aldi, Deals Prime Corner/Junior Box Space Available Fern Park Future Shopping Center 26 Acre Jai Alai Redevelopment Site 6405 Hwy. 17/92 & Fernwood Blvd. near Hwy. 436 153,650 SF GLA
MICHIGAN Southgate Fort St. & Burns Ave. 60,800 SF GLA Freestanding Redevelopment Opportunity MINNESOTA St. Paul Midway Shopping Center University Ave. & Snelling Ave. Rainbow Foods, Office Max, Walgreens 280,353 SF GLA 4.8 Acres Available for Development NEVADA Las Vegas Kmart Plaza E. Sahara Ave. & McLeod Dr. 127,754 SF GLA 10,945 SF Outbldg. Available
Randallstown Brenbrook Plaza Liberty Rd. & Brenbrook Dr. Home Depot 139,000 SF GLA MASSACHUSETTS Billerica Shops at Billerica Boston Rd. (Rte. 3A) & Tower Farm Rd. Kmart, Burlington Coat, Market Basket 275,000 SF GLA / Anchor Space Available
Gainesville Mixed Use – Grocery Store & Student Housing NW 13th St & University Avenue 1.74 Acres 26,000 SF Ground Floor Retail in Proposed 198,000 SF 8-Story Bldg ILLINOIS Downers Grove Marshall’s at The Grove 75th St. & Lemont Rd. 400,000 SF GLA Anchor Space Available 43,264 SF Niles Golf Glen Mart (Outparcel) Golf Rd. & Dee Rd. Up to 12,000 SF Outlot, B-T-S INDIANA Evansville Evansville Shopping Center Morgan Ave. & Boeke Rd. Rural King, Dollar General 153,000 SF GLA Indianapolis Pendleton Plaza Pendleton Pike & Shadeland Ave. Rose's Department Store – 134,797 SF GLA Warsaw The Market Place U.S. Hwy. #30 & Water St. JC Penney, Sears, Elder-Beerman, Pier 1 180,000 SF GLA
RDManagement LLC
Milford Kmart Shopping Center Medway St. & Beaver St. @ I-495 Kmart, Dollar Tree 140,470 SF GLA Future Expansion Space Available MICHIGAN Flint Former Kmart Dort Hwy. (Rte. 54) & Atherton Hwy. 92,691 SF GLA Grand Blanc Holly Rd. & I-75 Vacant Land / 22 Acres For Sale Muskegon Muskegon Shopping Center Henry St. & Norton Ave. 187,000 SF GLA Anchor Space Available Port Huron Port Huron Shopping Center Howard St. & 24th St. Big Lots, Save-A-Lot, Family Dollar 118,000 SF GLA Anchor Space & Outlot Available Sandusky Kmart Shopping Center M-19 & Gates Rd. 176,248 SF GLA Anchor Space Available
Kmart at Sunset Plaza 3780 E. Sunset Rd. & S. Sandhill Rd. Kmart 86,479 SF NEW JERSEY Jersey City NEW 235 Orient Ave. ± 15,000 SF on 0.40 Acres Freestanding Redevelopment Opportunity / For Sale Marlton (Evesham) Tri-Towne Plaza Route 70 & Plymouth Dr. 176,519 SF GLA Anchor Space Available Redevelopment Opportunity Mt. Olive Pad Sites Available Adjacent to Foreign Trade Zone Across from Walmart, Sam’s, TJ Maxx Old Bridge A & P Shopping Center Route 9 & Ferry Rd. 64,920 SF GLA 5,300 SF Pad Building
NEW
Parsippany Whole Foods Shopping Center Route 46 (Bloomfield Ave.) & Cherry Hill Rd. Whole Foods Anchor, In-Line & Pads Available Vineland Vineland Marketplace S. Delsea Dr. (Route 47) & College Dr. New Development Anchor Space / Outlots Available Vineland Kmart Plaza Expansion S. Delsea Dr. (Route 47) & Route 55 Kmart, TD Bank Two Parcels: 4.302 & 4.486 Acres
Thomas G. Mirandi 212-265-6600 Ext. 239 Email: tmirandi@rdmanagement.com Fax: 212-459-9133
200+ retail projects NEW JERSEY Williamstown Williamstown Shopping Center Black Horse Pike (Route 42) & Main St. CVS, Dollar General 85,000 SF GLA Anchor Space Available NEW YORK Cortland Future Development Route 13 & Bennie Road 26 Acres across from Walmart
NEW
Deer Park Kohl’s Plaza Commack Rd. & Grand Blvd. Kohl’s, Super Stop & Shop 182,875 SF GLA Proposed Pad 3,800 SF Glenville/Scotia (Albany) Target Shopping Center Saratoga Rd. (Route 50) & Glenridge Rd. 174,000 SF GLA In-Line Space Available Lake Ronkonkoma Lake Shore Plaza II Portion Rd. (Co. Rd. 16) & Patchogue-Holbrook Rd. Regal Cinemas, Dollar Tree / 94,826 sf GLA Anchor Space Available Latham/Colonie (Albany) Kmart Shopping Center Route 7 & Swatling Rd. 118,863 SF GLA Up to 10,000 SF Outlot Available Monroe/Woodbury Harriman Commons Routes 17 / 6 & Route 32 Wal-Mart, Home Depot, BJ’s, Target 687,716SF GLA Anchor Space & Outlots Available Future Phase III Office or Retail Nanuet Home Depot Plaza Route 59 & Hutton Ave. Home Depot, Staples 250,000 SF GLA/Pad Available Orangetown Orangeburg Commons Route 303 & Palisades Parkway Super Stop & Shop Pads Available Stony Point Stony Ridge Plaza Route 9W & Park Rd. US Post Office 21,212 SF GLA
NEW YORK Water Mill (Southampton) Water Mill Shoppes Montauk Hwy. (Rte. 27) & Station Rd. Vitamin Shoppe, Subway
PENNSYLVANIA Trexlertown Macungie Crossing Shopping Center Hamilton Blvd. (Route 222) & Grange Rd. Future Strip and Pads
OHIO Ashtabula Home Depot Plaza Route 20 (N. Ridge Rd.) & Orchard Rd. 148,440 SF GLA 18,440 SF Expansion & Pad
TENNESSEE Hermitage (Nashville) Freestanding Bldg. adjacent to Jackson’s Courtyard Shopping Center 3445 Lebanon Pike 24,040 sf GLA Redevelopment Opportunity
NEW
NEW
Columbus Great Western Commerce Center North Wilson Rd & Valleyview Dr. at Broad St. Great Western Academy, Restaurant Depot 300,254 SF GLA Mixed Use Commercial Space Holland (Toledo) Dick’s at Spring Meadows Place Airport Hwy. & I-475 Dick’s, Best Buy & Expansion Lima Westgate Shopping Center Allentown Rd. (Rte.81) and Cable Rd. Former Kmart GLA 157,326 SF Redevelopment Opportunity
NEW
Oregon (Toledo) Vacant Land – 4.645 Acres Dustin Rd. & Isaac Street Dr. 1 block south of Navarre Ave. (Rte. 2) & Kmart OREGON Salem Kmart Shopping Center Mission Street S. E. & 25th St. 116,866 SF GLA PENNSYLVANIA Allentown Home Depot Plaza Lehigh St. & Route 78 220,000 SF GLA / 9.82 Acres Available Carlisle Hanover Street (Route 34) & I-81 Home Depot, Chili’s 140,715 SF GLA 10,584 SF Future Expansion/Pad Montgomeryville Five Points Plaza Cowpath / Horsham Rd. at Rte 309 & Rte 202 79,200 SF GLA Anchor Space Available Future Expansion
NEW
NEW Quakertown New Anchor Space at Richland Marketplace Rt. 309 & Pumping Station Road BJ’s Wholesale Club, Target, Best Buy 444,531 SF GLA
RDManagement LLC
Nashville Marketplace at Rivergate Gallatin Pike (Hwy. 31-E) & Twin Hills Drive Trees N Trends, Ryan’s Buffet 111,460 SF GLA
NEW
TEXAS Ft. Worth Westcliff Shopping Center Albertson’s Market, Dollar General Alton Rd. & Biddison St. 133,332 sf GLA UTAH Salt Lake City 410 S. 900 E. & 400 S. Freestanding Office Max New In-line Space & Pad Available VIRGINIA Richmond Food Lion Plaza Rte. 1 (Jefferson Davis Hwy.) & Chippenham Pky. Outlots Available Winchester Freestanding Kmart S. Pleasant Valley Rd. & E. Jubal Early Dr. 88,479 SF GLA WEST VIRGINIA St. Albans St. Albans Center Route 60 & MacCorkle Ave. SW Kmart, Super Kroger, Goody’s, CVS 230,000 SF GLA PUERTO RICO Arecibo Arecibo Towne Center Routes 2 & 22 Future Development Anchor Position & Outlots Available Ponce Reina del Sur; Outlots at Ponce Towne Center II Rtes. #2 & Baramaya Ave. (Rte. 10) @ PR-52 Walmart Supercenter, Home Depot New Development & Pads 525,000 ± SF GLA
Thomas G. Mirandi 212-265-6600 Ext. 239 Email: tmirandi@rdmanagement.com Fax: 212-459-9133
lease signings Zell Commercial Real Estate Services, Inc. (602-248-0600) negotiated the following leases throughout AZ: with Simply You Signature Suites for 4,363 sq.ft. at Greenway Promenade, located at the intersection of 59th Avenue and Greenway Road in Glendale, with the company representing the landlord in the transaction; with DS Nutrition for 1,300 sq.ft. at Shea 70 Plaza Shopping Center, located along East Shea Boulevard in Scottsdale, with the company representing the landlord, Shea 70, LLC, in the transaction; with Rock & Vine Bar & Grill for 2,475 sq.ft. and with Adornments Boutique for 1,300 sq.ft. at La Miranda
Shopping Center, located at the intersection of Pinnacle Peak Road and Pima Road in Scottsdale; with State Farm Insurance for 1,190 sq.ft. at Gilbert Fiesta II, located at the intersection of Williams Field Road and Gilbert Road in Gilbert, with the company representing the tenant and Sperry Van Ness representing the landlord in the transaction and with Goodwill Industries for 1,331 sq.ft. at Maricopa Fiesta II, located along North John Wayne Parkway in Maricopa, with the company representing the landlord and Velocity Retail Group representing the tenant in the transaction.
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116 Route 22, North Plainfield, New Jersey 07060 (908) 668 - 9600 | www.jefferyrealty.com All information is from sources deemed reliable and is submitted subject to errors, omission, change of price, terms, proper sales and withdrawal.
Page 14 | September 13, 2013
De Rito Partners, Inc. (480-834-8500) negotiated the following leases in AZ: with Jimmy John’s for 1,600 sq.ft. at Encore Plaza, located at the intersection of Gilbert Road and Baseline Road in Gilbert, with the company representing the landlord in the transaction; with Tortas Paquime for 1,360 sq.ft. at Market Place on Central Tortas Paquime, located at the intersection of Central Avenue and Dunlap Avenue in Phoenix, with the company representing the tenant in the transaction; with School of Rock for 2,328 sq.ft. at The Shops at Kohl’s, located at the intersection of 48th Street and Chandler Boulevard in Phoenix, with the company representing the landlord in the transaction; with Naber’s Neighborhood Bar & Grill for 7,575 sq.ft. at Chandler Pavilions, located at the intersection of 54th Street and Ray Road in Chandler, with the company representing the landlord in the transaction. Bennett Williams (717-843-5555) negotiated the following leases throughout PA: a 10year lease with Five Guys Famous Burgers & Fries for 2,450 sq.ft. at Messina Highlands in Shrewsbury, with the company representing the tenant in the transaction; a one-year lease with Junk in the Trunk for 480 sq.ft. at Smith Village Shoppes, located along North Main Street in Jacobus, with the company representing the tenant and the landlord in the transaction; a three-year lease with La Isla Entertainment for 11,246 sq.ft. along West 11th Avenue in York, with the company representing the landlord in the transaction; a six-year lease with Goodwill Keystone Area Corp. for 11,034 sq.ft. at Cressona Mall, located along Route 61 Highway South in Pottsville, with the company representing the tenant in the transaction; a five-year lease with Little Caesars for 2,320 sq.ft. at Shippensburg Shopping Center in Shippensburg, with the company representing the tenant in the transaction and a three-year lease with The Couture Cakery for 1,020 sq.ft. at State Street Plaza, located along State Street in Lemoyne, with the company representing the tenant and the landlord in the transaction. The Goldstein Group (201-703-9700) negotiated leases with Integrated Women’s Health for 10,822 sq.ft., Work It Out for 2,534 sq.ft. and with Wells Fargo Home Mortgage for 4,630 sq.ft. at Marine View Plaza in Hoboken, NJ. The company represented the landlord, Ivy Equities in the transactions. The company also negotiated two leases with Marty’s in Lodi and Carlstadt, NJ, with the company representing the tenant and the landlord in both transactions. DM Dealmakers Magazine | www.dealmakers.net
real estate professionals making the news
Transwestern (972-774-2500) hired Amber Strang as its executive managing director of tenant advisory services (TAS). In the newly created role, Strang will advance the company’s national TAS platform and develop best practices to service its expanding client base. Based in Dallas, TX, Strang will also serve on Transwestern’s Board of Directors and Executive Committee. Prior to joining Transwestern, she worked at Cushman & Wakefield as managing director of corporate occupier and investor services for a 22-state central region. Prior to that, Strang served as senior vice president of global corporate solutions and local brokerage at Jones Lang LaSalle, where she oversaw a 92 million sq.ft. portfolio. Transwestern is a privately-held real estate firm specializing in leasing, property management, tenant advisory, capital markets, development, research and sustainability for office, industrial, retail, multifamily and healthcare properties with 33 U.S. offices and with more than 180 offices in 36 countries as part of a strategic alliance with Paris-based BNP Paribas Real Estate. Stan Johnson Co. (954-489-2744) opened a regional office in Miami, FL. The company hired Brian Buffone and Barry Wolfe as lead brokers for the new office. Before joining the company, Buffone founded Park Manor Capital Partners and was a partner and chief financial officer at Compson Holding Corp. Wolfe previously served as senior director of Marcus & Millichap’s national retail group and net leased properties group. Franklin Street Real Estate Services (404-8457479) recruited Justin Berryman to lease retail sites and represent landlords throughout the Atlanta, GA metropolitan area. Prior to joining Franklin Street, Berryman was responsible for the management and leasing of shopping centers for private investors throughout Atlanta, GA. The company focuses on valueadded opportunities and providing optimal solutions for clients nationwide.
supermarket chains expand nationwide (continued from page one)
Sprouts Farmers Market operates 165 locations throughout AZ, CA, CO, GA, NM, NV, TX and UT. The supermarkets, offering organic and locally grown food items, health supplements and bulk food products, occupy spaces of 24,000 sq.ft. to 30,000 sq.ft. in freestanding locations and specialty, strip and neighborhood centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 10 years. For more information, contact Ted Frumkin, Sprouts Farmers Market, 11811 North Tatum Boulevard, Suite 2400, Phoenix, AZ 85028; 602-682-1556, Fax 480-385-2354; Email: tedfrumkin@sprouts.com; Web site: www.sprouts.com. Smart & Final Stores, LLC trades as Smart & Final, Smart & Final Extra! and Cash & Carry at 250 locations throughout AZ, CA, ID, NV, OR, WA and northern Mexico. The warehouse-style supermarkets, also offering bulk food items, occupy spaces of 25,000 sq.ft. to 30,000 sq.ft. in freestanding locations and neighborhood centers. Growth opportunities are sought throughout CA during the coming 18 months. For more information, contact Pat Barber, Smart & Final Stores, LLC, 600 Citadel Drive, Commerce, CA 90040; 323-869-7500; Web site: www.smartandfinal.com. Publix Super Markets, Inc. trades as Publix at 1,000 locations throughout AL, FL, GA, SC and TN. The supermarkets, featuring bakery, deli, produce, meat and seafood departments, as well as a pharmacy, occupy spaces of 27,000 sq.ft. to 61,000 sq.ft. in freestanding locations and strip
centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. For more information, contact Jeff Chamberlain, Publix Super Markets, Inc., PO Box 407, Lakeland, FL 33802; 863688-1188, Fax 863-499-5465; Web site: www.publix.com. Brookshire Grocery Co. trades as Brookshire Food Stores and Super 1 Stores at 153 locations throughout AR, LA and eastern TX. The supermarkets occupy spaces of 30,000 sq.ft. to 70,000 sq.ft. in freestanding locations, power and strip centers. Growth opportunities are sought throughout southern AR, LA and eastern TX during the coming 18 months. Typical leases run 15 to 20 years. Major competitors include Albertsons, Kroger and Walmart Supercenter. A land area of five to six acres is required. The company prefers to acquire sites. For more information, contact John Broderhausen, Brookshire Grocery Co., 1600 West Southwest Loop, 323, Tyler, TX 75701; 903-534-3000, Fax 903-534-2217; Web site: www.brookshires.com. Thompson Hospitality trades as Marvelous Market at 11 locations throughout VA and Washington, DC. The supermarkets occupy spaces of 1,000 sq.ft. to 2,000 sq.ft. in various retail settings. Plans call for three to five openings throughout the existing markets during the coming 18 months. The company prefers to locate in affluent areas with high daytime traffic counts. For more information, contact Shawn O’Quinn, Thompson Hospitality, 505 Huntmar Park Drive, Suite 350, Herndon, VA 20170; 703-964-5500, Fax 703-964-0199; Email: soquinn@thompsonhospitality.com; Web site: www.marvelousmarket.com. DM
The Goldstein Group (201-703-9700) promoted Doug Gehlbach to sales associate from the marketing department. In his new role, Gehlbach will work with tenants and landlords. The company specializes in owner representation, retailer representation, investment sales and management services. Jameson Commercial (312-216-8000) promoted Adam Napp to vice president of sales and leasing. The brokerage company specializes in the sale and leasing of multifamily, retail, office and industrial real estate D properties throughout Chicago, IL. M Dealmakers Magazine | www.dealmakers.net
Sprouts Farmers Market is seeking growth opportunities throughout AZ, CA, CO, GA, NM, NV, TX and UT during the coming 18 months. September 13, 2013 | Page 15
exclusives and leasing assignments Silbert Realty & Management, Inc. (908604-6900) is representing the following companies their expansion plans throughout NJ: Cherrybrook Pet Supply in spaces of 3,000 sq.ft. to 5,000 sq.ft.; Energy Kitchen using spaces of 1,600 sq.ft. to 2,500 sq.ft.; Del Frisco’s Grille/Sullivan’s Steakhouse occupying spaces of 7,000 sq.ft. to 9,000 sq.ft.; Fidelity Investments utilizing spaces of 4,000 sq.ft. to 6,000 sq.ft.; Golf Tec using spaces of 1,500 sq.ft. to 1,800 sq.ft.; No Body Denied Fitness in spaces of 7,000 sq.ft. to 9,000 sq.ft.; IPIC Theaters utilizing spaces of 30,000 sq.ft. to 75,000 sq.ft.; Primrose Schools in freestanding buildings of 11,000
sq.ft.; Snap Fitness occupying spaces of 3,000 sq.ft. to 4,000 sq.ft. in endcaps; Sonic Drive-In on pad sites of 0.75 acres to 1.25 acres in Union City; Starbucks in spaces of 800 sq.ft. to 2,000 sq.ft. throughout central and northern areas and Wakefern Food Corp. utilizing spaces of 70,000 sq.ft. Winick Realty Group (212-792-2600) is representing French Fry Heaven with expansion opportunities throughout Manhattan, NY. The 20-unit chain, specializing in gourmet Belgian and sweet potato fries, utilizes spaces of 500 sq.ft. to 1,000 sq.ft. in high traffic store front locations.
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RJ Brunelli (732-721-5800) is representing Corner Bakery Café with expansion plans throughout Bergen, Hudson, Union, Somerset, Middlesex, Monmouth and Ocean counties in NJ. The restaurants occupy spaces of 3,500 sq.ft. to 4,400 sq.ft. in highly visible endcaps and pad sites. Preferred sites offer outdoor seating and serve a daytime population of 10,000 employees within a one-mile radius. Franklin Street (404-832-1258) was appointed the exclusive leasing agent for several properties, including Town Center Commons, a 72,138 sq.ft. shopping center and Pleasant Hill Plaza, a 99,025 sq.ft. center in Atlanta, GA; Scottsboro Market Place, a 40,560 sq.ft. property in Birmingham, AL; Shoppes at Fleming Island, an 82,110 sq.ft. shopping center, Town Shoppes of Fleming Island, a 28,845 sq.ft. center and Atlantic Palms, a 24,071 sq.ft. center in Jacksonville, FL; Wabash Shopping Center, a 70,487 sq.ft. shopping center; Palm Center, a 132,006 sq.ft. center and Avon Square, a 111,614 sq.ft. center in Lakeland, FL.
At Colliers, our RETAIL team is wired for opportunities—from hubs like Philadelphia, to your interests in urban empires, cities and hamlets in every pocket of the planet. So no matter where you do business, Colliers’ insights and expertise are there, lighting the way to new opportunity in commercial real estate.
Mid-America Real Estate – Minnesota, LLC (952-563-6600) was appointed the exclusive leasing agent for Hamline Center, a 34,604 sq.ft. shopping center located along Hamline Avenue North in Roseville, MN. The company was also appointed the exclusive leasing agent for The Promenade of Wayzata, a mixed-use center located at the intersection of Superior Boulevard and Lake Street in Wayzata, MN. The project features a 130,000 sq.ft. retail component, a 27,000 sq.ft. office component and a 100unit hotel component. The company was also appointed the exclusive leasing agent for Lyndale Station, a 72,700 sq.ft. shopping center located along Lyndale Avenue in Richfield, MN and for Rivertown Village, a 154,008 sq.ft. center located along 2nd Street South in St. Cloud, MN. Cotenants include Bed Bath & Beyond, Old Navy, Gap, Party City, Office Depot, Ulta and Chipotle. DM
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The Goldstein Group (201-703-9700) is representing Crème de la Crème with its expansion plans throughout NJ. The childcare centers are seeking to occupy spaces of 21,000 sq.ft. in freestanding locations on land areas of two acres to 2.25 acres. Preferred demographics include a tradearea population earning $125,000 as the average household income. The company is also representing Buddy’s Small Lots with its expansion plans throughout NJ. The stores utilize spaces of 7,500 sq.ft. to 18,000 sq.ft. in endcaps and inline spaces of power and community centers, as well as freestanding locations.
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lead sheet America’s Kids Daniel Spector, Adam Kruvant or Zach Mishaan c/o Winick Realty Group 11 Commerce Drive, Suite 205 Cranford, NJ 07016 201-441-3511 Emails: daniel@winick.com, akruvant@winick.com and zach@winick.com
Apparel The 19-unit chain operates locations throughout CT, IL, MD, NC, NJ, NY, PA and VA. The stores, offering children’s apparel, footwear and accessories, as well as school uniforms, occupy spaces of 8,000 sq.ft. to 20,000 sq.ft. in various retail settings. Growth opportunities are sought throughout NJ and NY during the coming 18 months, with representation by Winick Realty Group.
Automotive Supplies Associates dba Sanel Auto Parts Robert Segal or David T. Segal 129 Manchester Street Concord, NH 03301 603-225-4000
Automotive The 38-unit chain operates locations throughout ME, NH and VT. The stores, offering automotive parts and supplies, occupy spaces of 6,000 sq.ft. to 10,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run five to 10 years.
Monro Muffler / Brake & Service Penny Wickey c/o Saugatuck Commercial Real Estate, LLC 9 Burr Road Westport, CT 06880 203-222-4194 Web site: www.saugatuckcommercial.com
Automotive The 800-unit chain operates locations throughout 19 states in the eastern, southeastern and midstates regions of the U.S. The automotive service centers occupy spaces of 5,000 sq.ft. to 7,000 sq.ft. in various retail settings. Growth opportunities are sought throughout CT, MA and RI during the coming 18 months, with representation by Saugatuck Commercial Real Estate, LLC.
The Pep Boys – Manny, Moe & Jack dba Pep Boys Rob Nystrom and Paul Wenclawiak, Jr. 3111 West Allegheny Avenue Philadelphia, PA 19132 Emails: rob_nystrom@pepboys.com and paul_wenclawiak@pepboys.com Web site: www.pepboys.com
Automotive The 760-unit chain operates locations nationwide and in Puerto Rico. The automotive service centers occupy spaces of 4,000 sq.ft. to 6,500 sq.ft. in freestanding locations. Growth opportunities are sought throughout DE and NJ in areas south of Interstate 95 and in Harrisburg and the Philadelphia, PA metropolitan area during the coming 18 months. The company will also consider second-generation automotive service centers. Preferred demographics include a trade-area population of 100,000. The company will not consider locations throughout Scranton and the Poconos area of PA.
Calendar Holdings, LLC dba Go! Books and Books Express Lori Lesko 6411 Burleson Road Austin, TX 78744 512-386-7220, Fax 512-369-6192 Email: loril@calendars.com Web site: www.calendarholdings.com
Books The 20-unit chain operates locations nationwide. The discount book stores are seeking spaces of 2,000 sq.ft. to 3,000 sq.ft. for just the Go! Books and Books Express concepts, and will consider sites of 4,000 sq.ft. to 25,000 sq.ft. for combination stores. Growth opportunities are sought for Go! Books nationwide during the coming 18 months. The company will also consider sites in former Borders/Borders Express locations.
Hallmark Gold Crown Stores Sharon Carmichael c/o Terranomics Retail Services 1350 Bayshore Highway, Suite 900 Burlingame, CA 94010 408-200-8811 Email: scarmichael@terranomics.com Web site: www.terrranomics.com
Cards The 2,600-unit chain operates locations nationwide. The stores, offering greeting cards and gift items, occupy spaces of 3,000 sq.ft. to 3,500 sq.ft. in malls, power and strip centers. Plans call for one opening in San Francisco Bay, Riverside or San Diego County, CA during the coming 18 months, with representation by Terranomics Retail Services. Preferred cotenants include grocery stores and Target.
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September 13, 2013 | Page 19
lead sheet Tedeschi Food Shops, Inc. dba Tedeschi Food Shops Bob McGann 14 Howard Street Rockland, MA 02370 781-610-2210, Fax 781-982-1866 Email: bmcgann@tedeschifoodshops.com Web site: www.tedeschifoodshops.com
Convenience The 190-unit chain operates locations throughout MA and NH. The convenience stores, with gasoline facilities, occupy spaces of 3,000 sq.ft. to 3,500 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets, in addition to ME, during the coming 18 months. Preferred demographics include a population of 5,000 within two miles. Major competitors include 7-Eleven and Cumberland Farms. The company is franchising.
Sally Beauty Holdings, Inc. dba Sally Beauty Supply James Kennemur 3001 Colorado Boulevard Denton, TX 76201 800-777-5706 Ext. 4710 Email: jkennemur@sallybeauty.com Web site: www.sallybeauty.com
Cosmetics The 3,200-unit chain operates locations nationwide and internationally. The beauty supply stores occupy spaces of 1,200 sq.ft. to 1,800 sq.ft. in shopping centers. Growth opportunities are sought throughout CT, MA, ME, NH, NY, RI and VT during the coming 18 months. Typical leases run five years. A vanilla shell and specific improvements are required. Preferred cotenants include national grocery stores, discount, and apparel or drug stores. The company also trades as CosmoProf / Armstrong McCall at 1,100 locations throughout the continental U.S. and Canada. The stores, offering beauty supplies and salon products for professionals in the industry, occupy spaces of 1,400 sq.ft. to 2,500 sq.ft. in freestanding locations, shopping centers and unanchored strip centers. Growth opportunities are sought throughout CT, MA, ME, NH, NY, RI and VT, during the coming 18 months.
Family Dollar Sheryl Vickers c/o Merrill Commercial 6240 West 135th Street Overland Park, KS 66223 Email: sheryl@merrillcompanies.com Web site: www.familydollar.com
Discount The 7,800-unit chain operates locations nationwide throughout 45 states. The stores, offering discounted general merchandise, grocery items, health and beauty products and seasonal items, occupy spaces of 8,000 sq.ft. to 9,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the Kansas City, KS metropolitan area during the coming 18 months, with representation by Merrill Cos. A land area of one acre is required.
Liberty Drug, Inc. dba Jerry’s Pharmacy, Liberty Drug and More Than Medicine Brian Harrison PO Box 362 Carnegie, OK 73015 580-654-1111, Fax 580-654-1229
Drug Store The four-unit chain operates locations throughout OK. The drug stores occupy spaces of up to 5,000 sq.ft. in strip and value centers, as well as downtown areas. Growth opportunities are sought throughout the existing market during the coming 18 months.
Lifecheck Drug Bruce Gingrich 1100 Jackson Street, Suite B Richmond, TX 77469 281-232-3940, Fax 832-595-1203 Email: bvgingrich@sbcglobal.net
Drug Store The 27-unit chain operates locations throughout TX. The drug stores occupy spaces of 1,800 sq.ft. to 10,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months.
Anytime Fitness Real Estate Department 12181 Margo Avenue South Hastings, MN 55033 800-704-5004, Fax 651-438-5099 Email: info@anytimefitness.com Web site: www.anytimefitness.com
Fitness The 2,200-unit chain operates locations nationwide. The fitness centers occupy spaces of 2,500 sq.ft. to 6,000 sq.ft. in neighborhood, power and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run five years. The company is franchising.
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lead sheet Great Clips, Inc. dba Great Clips Nate Ohme 4400 West 78th Street, Suite 700 Minneapolis, MN 55435 925-406-1957 Email: nate.ohme@greatclips.com Web site: www.greatclips.com
Hair The 3,300-unit chain operates locations nationwide and in Canada. The hair salons occupy spaces of 900 sq.ft. to 1,200 sq.ft. in power and strip centers. Growth opportunities are sought throughout IA, IL, KS, MN, MO, ND, NE, NY, SD and WI, as well as in Canada, during the coming 18 months. Typical leases run five years with two, five-year options. Preferred cotenants include grocery stores.
Ace Hardware David DePetris c/o Legend Properties, Inc. 521 Plymouth Road, Suite 118 Plymouth Meeting, PA 19462 610-941-4034 Ext. 5010, Fax 610-941-4038 Email: ddepetris@lpre.com Web site: www.acehardware.com
Home Improvements The 4,600-unit chain operates locations nationwide and internationally. The hardware stores occupy spaces of 8,000 sq.ft. to 12,000 sq.ft. in freestanding locations, street fronts and endcaps of community and neighborhood centers. Growth opportunities are sought throughout DE, NJ and eastern PA during the coming 18 months, with representation by Legend Properties, Inc.
Ben Bridge Jeweler Karl Ehrlich 2901 3rd Avenue, Suite 200 Seattle, WA 98121 206-448-8800 Ext. 7004, Fax 206-448-7456 Email: kehrlich@benbridge.com Web site: www.benbridge.com
Jewelry The 74-unit chain operates locations throughout AK, AZ, CA, CO, HI, ID, NM, NV, OR, TX and WA. The jewelry stores occupy spaces of 1,800 sq.ft. to 2,500 sq.ft. in malls. Growth opportunities are sought throughout the western region of the U.S. during the coming 18 months. Typical leases run 10 years. Preferred cotenants include upscale fashion retailers.
50 East Shoes Lloyd Goldstein c/o HMS Retail 500 Midsummer Drive North Potomac, MD 20878 301-908-9797, Fax 240-477-8951 Email: Lloyd@hmsretail.com
Shoes The company operates one location in TN. The store, offering brand name women’s footwear, occupies spaces of 7,000 sq.ft. to 9,000 sq.ft. in mixed-use, outlet, specialty and regional shopping centers. Growth opportunities are sought throughout the Mid-Atlantic, Midwest and southeastern regions of the U.S. during the coming 18 months, with representation by HMS Retail. Typical leases run five to 10 years. A vanilla shell is required. Preferred cotenants include women’s apparel retailers. Preferred demographics include a population of 250,000 within 10 miles earning $65,000 as the average household income.
ERHCo., Inc. dba Shoe Mill Ed Habre 10850 SE Fuller Road Portland, OR 97222 503-353-7707 Ext. 202 Web site: www.shoemill.com
Shoes The eight-unit chain operates locations throughout OR. The shoe stores occupy spaces of 2,500 sq.ft. in regional malls and lifestyle centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run 10 years.
Shoe Fly Shoe, Inc. dba Irving Shoes, Glicks Shoe and Shoe Fly Stores Todd Lewis PO Box 26 Tyrone. PA 16686 814-684-6040, Fax 814-684-6097 Email: todd@shoeflyshoe.com
Shoes The seven-unit chain operates locations throughout KY, NY and PA. The shoe stores occupy spaces of 2,500 sq.ft. in strip centers. Plans call for one to two openings throughout KY, MD, PA, VA and WV during the coming 18 months. Typical leases run five years.
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September 13, 2013 | Page 21
lead sheet Coyote Ugly Saloon Paul Fetscher c/o Great American Brokerage 100 West Park Avenue, Suite 309 Long Beach, NY 11561 516-889-7200 Email: gtamerican@aol.com Web site: www.restaurantexperts.com
Specialty The 23-unit chain operates locations throughout CO, FL, LA, NV, NY, OK, TN, TX, WI and internationally. The bars occupy spaces of 2,500 sq.ft. to 5,000 sq.ft. in entertainment, specialty and tourist centers, as well as urban/downtown areas and in casinos. Growth opportunities are sought throughout major metropolitan areas nationwide and internationally during the coming 18 months, with representation by Great American Brokerage. The company prefers to locate in areas with a high tourist population.
English Gardens John Darin, Jr. 6370 Orchard Lake Road, Suite 207 West Bloomfield, MI 48322 248-855-9240 Web site: www.englishgardens.com
Specialty The seven-unit chain operates locations throughout MI. The full-service nursery and garden centers occupy spaces of 16,000 sq.ft. to 20,000 sq.ft. in freestanding locations and shopping centers. Growth opportunities are sought throughout FL and Detroit, MI during the coming 18 months. Major competitors include Home Depot and Lowe’s. A land area of four to five acres is required.
Lifeway Christian Stores David Atchison One Lifeway Plaza Nashville, TN 37234 615-251-2000, Fax 615-251-3677 Email: david.atchison@lifeway.com Web site: www.lifewaystores.com
Specialty The 165-unit chain operates locations nationwide throughout 27 states. The Christian-themed stores occupy spaces of 6,000 sq.ft. to 6,500 sq.ft. in freestanding locations or inline spaces of regional or power centers. Plans call for 12 to 14 openings nationwide during the coming 18 months. A vanilla shell is preferred.
Halloween Adventure Lenny Goldman 8441 Canoga Avenue Canoga Park, CA 91304 818-341-0217, Fax 818-885-8406 Web site: www.shophalloweenadventure.com
Temporary Tenant The chain operates locations throughout Canoga Park, Sherman Oaks and San Bernardino, CA. The temporary Halloween stores occupy spaces of 5,000 sq.ft. in freestanding locations and power and regional shopping centers. Growth opportunities are sought throughout the existing markets in CA during the coming 18 months. Typical leases run three to six months. Preferred cotenants include Target, T.J. Maxx, Ross Dress for Less and Walmart. Preferred demographics include a population of 75,000 within five miles earning $60,000 as the average household income. Major competitors include Spirit Halloween, Halloween Express and Party City. The company is franchising.
GameStop Ian Furar c/o CCP Real Estate Advisors 220 Newport Center Drive, Suite 18 Newport Beach, CA 92660 949-717-7711 Ext. 11, Fax 949-717-0011 Email: ian@ccprea.com Web site: www.ccprea.com
Video Games The 6,500-unit chain operates locations nationwide and internationally. The video game stores occupy spaces of 1,500 sq.ft. in endcaps and inline spaces of shopping centers, as well as pad sites. Growth opportunities are sought throughout southern CA during the coming 18 months, with representation by CCP Real Estate Advisors. Preferred cotenants include Best Buy, Target and Walmart.
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 22 | September 13, 2013
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space place Delaware
Florida
Florida
Wilmington – Prices Corner Shopping Center, located along Kirkwood Highway, has spaces of 1,500 sq.ft. to 8,600 sq.ft. available. Cotenants include JC Penney, Staples, Sears and Famous Footwear. Area demographics include a population of 204,600 within five miles earning $79,359 as the average household income. For more information, contact Brooke Henningsen, Robert Winitsky, Damon Di Placido or Dean Pappas, Arrow Real Estate Services, 555 East City Line Avenue, Bala Cynwyd, PA; 610-721-9910/215-7646363/215-275-1679 or 856-912-3383; Emails: brookeh@arrowrealestateservices.com, robertw@arrowrealestateservices.com, damond@arrowrealestateservices.com and deanp@arrowrealestateservices.com; Web site: www.arrowrealestateservices.com.
463,145 within five miles earning $54,101 as the average household income. For more information, Gator Investments, 1595 Northeast 163rd Street, North Miami Beach, FL 33162; 877-459-9605; Email: sales@gatorinvestments.com; Web site: www.gatorinvestments.com.
Suite 750, Tampa FL 33609; 813-6583343/3359; Emails: brian.bern@fsfp.com and ryan.derriman@fsfp.com; Web site: www.fsfp.com.
Florida Miami Beach – A 3,000 sq.ft. space is available at at center at the intersection of Northeast 4th Avenue and Northeast 167th Street. Cotenants include Tire Kingdom. Area demographics include a population of
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Sarasota – Sarasota Pavilion, located at the intersection of South Tamiami Trail and Stickney Point Road, has spaces from 1,213 sq.ft. to 4,929 sq.ft. available. Cotenants include Publix, Michaels, Bed Bath & Beyond, Marshalls, Ross Dress for Less, Stein Mart and Ulta. Area demographics include a population of 114,599 within five miles earning $80,304 as the average household income. Tampa – A 2,600 sq.ft. endcap spaces is available along North Dale Mabry Highway. Area retailers include 7-Eleven, AT&T, Amscot and IHOP. Area demographics include a population of 100,524 within three miles earning $67,932 as the average household income. For more information, contact Brian Bern or Ryan Derriman, Franklin Street Real Estate, 500 North Westshore Boulevard,
Georgia Acworth – A 2.0-acre outparcel is available at the intersection of Highway 92 and Kemp Bridge Road. Area retailers include Walmart and Starbucks. Area demographics include a population of 107,859 within five miles earning $84,358 as the median household income. Decatur – North Dekalb Mall, located at the intersection of Sweet Briar Road and Birch Road, has a 1.0-acre outparcel available. Cotenants include Pier 1 Imports and Zaxby’s. For more information regarding the Acworth property, contact Shannon Mullinax, Hendon Properties, 3445 Peachtree Road, Suite 465, Atlanta, GA 30326; 404-9261534, Fax 404-920-3483; Email: shannon@ hendonproperties.com. For more information regarding North Dekalb Mall, contact Stephen Spiegel, 404-926-1527; Email: steve@hendonproperties.com.
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space place Illinois
Maine
Maryland
Arlington Heights – Surrey Ridge, a 173,385 sq.ft. center located at the intersection of Golf Road and Algonquin Road, has spaces of 750 sq.ft., 1,600 sq.ft., 1,750 sq.ft. and 2,400 sq.ft. available. Cotenants include Lowe’s, Goodwill, National Tire & Battery and Wasabi. Area demographics include a population of 270,194 within five miles earning $90,802 as the average household income. For more information, contact Jaime Bertsche or Angela Gasbarro, Mid-America Asset Management, Inc., 1 Parkview Plaza, 9th Floor, Oakbrook Terrace, IL 60181; 630-954-7223/7208, Fax 630-954-7306; Emails: jbertsche@midamericagrp.com and agasbarro@midamericagrp.com; Web site: www.midamericagrp.com.
33,175 sq.ft. space available, which can be divided. Cotenants include Planet Fitness, JoAnn Fabrics, Hannaford Brothers, T.J. Maxx and Tractor Supply Co. Area demographics include a population of 27,081 within five miles earning $55,189 as the average household income. For more information regarding Shaw’s Plaza, contact Angelo Pappas, Charter Realty & Development, 1666 Massachusetts Avenue, Lexington, MA 02420; 617-4311096; Email: angelo@chartweb.com; Web site: www.chartweb.com. For more information regarding JFK Plaza, contact Dan Zelson, 183 Main Street, Westport, CT 06880; 203-227-2922; Email: dan@chartweb.com.
H&R Block. Area demographics include a population of 220,787 within three miles earning $91,484 as the median household income. The average daily traffic count is 29,180 vehicles. For more information, contact Andrew Rose or Ray Schupp, Next Realty MidAtlantic, LLC, 1750 Old Meadow Road, Suite 250, McLean, VA 22102; 703-4424500 Ext. 26/21, Fax 703-442-8818; Emails: arose@nextrealty.com and rschupp@nextrealty.com.
Bloomington – Parkway Shopping Center, located at the intersection of Veteran’s Parkway and College Avenue, has spaces from 1,125 sq.ft. to 8,944 sq.ft. available. Cotenants include T.J. Maxx, LA Fitness, Best Buy, Chili’s, Jewel-Osco, Smoothie King, Cost Cutters and Weight Watchers. Area demographics include a population of 90,243 within three miles earning $71,817 as the average household income. The average daily traffic count is 31,800 vehicles. For more information, contact Luke Sementa or James Schutter, Newmark Grubb Knight Frank, 312-224-3974/3210; Emails: lsementa@ngkf.com and jschutter@ngkf.com; Web site: www.newmarkkf.com.
Bethesda – A 5,890 sq.ft. endcap is available at the intersection of Wisconsin Avenue and Commerce Lane. Area retailers include Safeway, Caribou Coffee, Daily Grill, Hyatt, Chipotle, Morton’s Steakhouse and La Madeleine. Area demographics include a population of 143,111 within three miles earning $119,635 as the median household income. For more information, contact Jared Meier or Nick Page, Streetsense, 240-479-7195/410218-2427; Emails: jmeier@streetsense.com and nick@streetsense.com; Web site: www.streetsense.com.
Indiana Indianapolis – Plainfield Village, located along Main Street, has spaces from 1,548 sq.ft. to 4,694 sq.ft. available, along with two outlots of 1.55 acres. Area retailers include Kohl’s, JC Penney, PetSmart, Target, DSW and Dick’s Sporting Goods. Area demographics include a population of 86,711 within five miles earning $74,053 as the average household income. The average daily traffic count is 29,658 vehicles. For more information, contact Jim Mosher or Joe Kenney, The Broadbent Co., 117 East Washington Street, Suite 300, Indianapolis, IN 46204; 317-237-2900, Fax 317-2372953; Email: jim.mosher@broadbentco.com and jkenney@broadbentco.com; Web site: www.broadbentcompany.com.
Maine Waterville – JFK Plaza, a 151,107 sq.ft. center located at the intersection of Kennedy Memorial Drive and Nelson Street, has a Dealmakers Magazine | www.dealmakers.net
Maryland
Gaithersburg – Gaitherstowne Plaza, located at the intersection of McBain Avenue and Chestnut Street, has a space of 2,392 sq.ft. available. Cotenants include Hancock Fabrics, IHOP, Domino’s, Rugged Wearhouse, Sherwin Williams and Old Country Buffet. Area demographics include a population of 280,033 within five miles earning $113,327 as the average household income. Pikesville – A center located at the intersection of Old Court Road and Town Court Place, has spaces available. Cotenants include Giant, Sports Clips, Game Stop and Noodles & Co. Area demographics include a population of 105,852 within three miles earning $80,582 as the average household income. For more information, contact Scotty Sellman, Kimco Realty, 3333 New Hyde Park Road, New Hyde Park, NY 11042; 410427-4416; Email: ssellman@kimcorealty.com; Web site: www.kimcorealty.com. Silver Spring – Silver Spring Metro Plaza, located at the intersection of Colesville Road and 2nd Avenue, has spaces of 612 sq.ft., 854 sq.ft., 5,513 sq.ft. and 6,421 sq.ft. available. Cotenants include Dunkin’ Donuts and
New Jersey Atlantic City – Renaissance Plaza, located at the intersection of Atlantic Avenue and New York Avenue, has spaces of 3,000 sq.ft. and 9,778 sq.ft. available. Cotenants include Family Dollar, Save-A-Lot, Taco Bell, Foot Locker, CVS, Game Stop and McDonald’s. For more information, contact AJ Levine or Robert Tobias, Ashkenazy Acquisition, 150 East 58th Street, 39th Floor, New York, NY 10155; 646-2140245/0225; Emails: alevine@aacrealty.com and rtobias@aacrealty.com; Web site: www.aacrealty.com. Bordentown – A 178,678 sq.ft. center located at the intersection of Route 206 and Martin Avenue, has spaces of 3,600 sq.ft., 12,620 sq.ft. and 96,124 sq.ft. available. Cotenants include Shop Rite. Area demographics include a population of 481,791 within ten miles earning $89,881 as the average household income. Garfield – A 310,326 sq.ft. center located at the intersection of Passaic Street and Lincoln Place, has proposed spaces of 6,000 sq.ft. and 28,654 sq.ft. available, along with a 106,278 sq.ft. proposed anchor space. Cotenants include Walmart, Applebee’s, GNC, McDonald’s, T-Mobile and Supercuts. Area demographics include a population of 3.1 million within ten miles earning $97,334 as the average household income. For more information, contact Vornado Realty Trust, 210 Route 4 East, Paramus, NJ 07652; 201-587-1000, Fax 201-708-6206; Web site: www.vno.com. Boundbrook – A 56,100 sq.ft. strip center located along Route 28 has spaces available from 2,500 sq.ft. to 14,100 sq.ft. Area retailers include Home Depot, Target, Costco, Shop Rite, Bed Bath & Beyond, Marshall’s and PetSmart. The five-mile population of 151,228 earns $112,734 as the average household income. The site has a daily traffic count of 20,122 vehicles. (continued on page twenty-six)
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space place New Jersey (continued from page twenty-five)
For more information contact Steve Battista, Jeffery Realty, Inc., 116 Route 22, North Plainfield, NJ 07060; 908-668-9600 Ext. 240; Email: sbattista@jefferyrealty.com. Cherry Hill – A 3,000 sq.ft. space is available at the intersection of Haddonfield Road and Dudley Avenue. Area retailers include Pep Boys Auto, Midas, Macy’s and JC Penney. Area demographics include a population of 301,504 within five miles earning $60,039 as the average household income.
New Jersey
New Jersey
For more information, contact Michael Ambrosi, ARC Properties, Inc., 1401 Broad Street, Clifton, NJ 07013; 973-2491000 Ext. 116, Fax 973-249-1001; Email: mambrosi@arcproperties.com; Web site: www.arcproperties.com. For additional information, contact Rob Cooper, Metro Commercial, 856-222-3054; Email: rcooper@metrocommercial.com.
and Investors Savings. Area demographics include a population of 383,593 within five miles earning $85,269 as the average household income. East Brunswick – Summerhill Square, a 157,000 sq.ft. center located at the intersection of Route 18 and Arthur Street, has a space of 31,422 sq.ft. available. Cotenants include Pier 1 Imports, David’s Bridal, Five Below, Torrid, Smashburger, Chipotle, Ulta and Annie Sez. Area demographics include a population of 83,596 within three miles earning $101,252 as the average household income. Edgewater – City Place at the Promenade, a 200,000 sq.ft. lifestyle center located at the intersection of River Road and George Road, has spaces of 1,437 sq.ft., 2,205 sq.ft. and 4,242 sq.ft. available. Cotenants include Gap, Victoria’s Secret, Banana Republic, Ann Taylor Loft, Ulta, Panera Bread and Chipotle. Hawthorne – Hawthorne Plaza, located along Goffle Road, has a 2,500 sq.ft. space available. Cotenants include Hollywood Tans, China King and Sushi Boy. Area demographics include a population of 134,414 within three miles earning $133,253 as the average household income. For more information, contact Welco Realty, Inc., 2525 Palmer Avenue, New Rochelle, NY 10801; 914-576-7500, Fax 914576-7596; Web site: www.welcorealty.com. For more information regarding Summerhill Square, contact Welco Realty, Inc. or R.J. Brunelli & Co., Inc., 732-721-5800.
Clark – A 24,500 sq.ft. space, which can be divided, is available along Westfield Avenue. Area retailers include CVS, Ace Hardware
Evesham - Tri-Towne Plaza, a 179,865 sq.ft. strip center located along State Highway 70 at the intersection of Plymouth Road and North Locust Avenue, has spaces available from 1,200 sq.ft. to 95,810 sq.ft. The site has a daily traffic count of 37,560 vehicles and is located across from Walmart SuperCenter. Area retailers include Kohl’s, Shop-Rite, TJ Maxx, Burlington Coat Factory, Bed Bath & Beyond, Old Navy, Whole Foods, Target and Trader Joe’s. For more information contact Thomas G. Mirandi, RD Management LLC, 810 Seventh Avenue, 10th Floor, New York, NY 10019; 212-265-6600 Ext.239, Email: tmirandi@rdmanagement.com, Web site www.rdmanagement.com. Jackson – Romeo Plaza, located at the intersection of Bennetts Mills Road and New Prospect Road, has spaces of 800 sq.ft., 1,550 sq.ft. and 1,800 sq.ft. available. Cotenants include 7-Eleven, Tuscany II and Romeo’s Pizza. Area demographics include a population of 50,563 within three miles earning $110,899 as the average household income. Page 26 | September 13, 2013
Dealmakers Magazine | www.dealmakers.net
space place New Jersey
New Jersey
New York
For more information, contact Carl Minue, RJ Brunelli, 400 Perrine Road, Suite 405, Old Bridge, NJ 08857; 732-721-5800 Ext. 24, Fax 732-721-9241; Email: cminue@rjbrunelli.com; Web site: www.rjbrunelli.com.
Toms River – Toms River Town Center, a 115,000 sq.ft. strip center located at the intersection of Route 37 West and Hooper Avenue, has spaces of 1,400 sq.ft., 1,600 sq.ft. and 2,600 sq.ft. available, along with outlots of 5,000 sq.ft. and 8,500 sq.ft. Kmart anchors the center. Area demographics include a population of 145,000 within five miles earning $85,000 as the average household income. The average daily traffic counts is 50,000 vehicles. The asking rent is $16 psf with CAM of $3.50 psf and taxes of $2 psf. For more information, contact Bill Klein, Kay Realty Services, LLC, 1989 Jumping Brook Road, Building 1, Tinton Falls, NJ 07753; 732-918-1148, Fax 732-918-1628; Email: bill@kayrealtyholdings.com; Web site: www.kayrealtyholdings.com.
Street. Area retailers include Sephora, Macy’s, Lane Bryant, T.J. Maxx, Shake Shack, Burger King, Nordstrom Rack and H&M. Area demographics include a tradearea population of 359,143 earning $81,839 as the average household income. For more information, contact Jeff Winick, Darrell Rubens or Diana Boutross, Winick Realty Group, LLC, 655 Third Avenue, 8th Floor, New York, NY 10017; 212-7922601/2616/2608; Emails: jeff@winick.com, rubens@winick.com and diana@winick.com; Web site: www.winick.com.
Kearny – Inline spaces and pad sites are available at the intersection of Schuyler Avenue and Bergen Avenue. Area retailers include CVS, Investor Bank, Quick Chek, Rite Aid, Kmart, Shop Rite, Marshalls and Dunkin’ Donuts. Area demographics include a population of 737,990 within five miles earning $51,737 as the median household income. For more information, contact Scott Sher or Russel Helbling, Sabre Real Estate, 500 Old Country Road, Garden City, NY 11530; 516-874-8070 Ext. 514/507; Emails: scott@sabreny.com and russel@sabreny.com; Web site: www.sabreny.com. Livingston – A center located along South Livingston Avenue has spaces of 1,200 sq.ft. and 3,000 sq.ft. available. Cotenants include Haagen-Dazs Ice Cream, Ain’t We Sweet and Chari Amster. Also – A 2,500 sq.ft. space is available along East Mt. Pleasant Avenue. Montclair – A 3,000 sq.ft. street front space is available along Bloomfield Avenue. Area retailers include Anthropologie, Urban Outfitters, Lacrosse Unlimited, New York Sports Club and Amanti Vino. Area demographics include a population of 645,757 within five miles earning $82,188 as the average household income. For more information regarding the South Livingston Avenue property, contact Neal Richards or Arthur Zebofsky, Vanguard Realty, Inc., 195 Columbia Turnpike, Suite 100, Florham Park, NJ 07932; 973443-9700 Ext. 15/30, Fax 973-966-0123; Email: nrichards@vanguardsite.com; Web site: www.vanguardsite.com. For more information regarding the Montclair or East. Mt. Pleasant Avenue property, contact Neal Richards. Paterson – Center City Mall, located at the intersection of Ward Street and Main Street, has spaces from 1,145 sq.ft. to 11,000 sq.ft. available. Cotenants include Marshalls, Fabian 8 Cinemas, Modell’s, Children’s Place, GNC, NJ Fitness and Pay/Half. Area demographics include a population of 538,881 within five miles earning $76,620 as the average household income. The asking rent is $35 psf. For more information, contact Leo Likas, Alma Realty Corporation, 31-10 37th Avenue, Long Island City, NY 11101; 973-345-4040, Fax 973-345-4411; Email: llikas@almarealty.com. Dealmakers Magazine | www.dealmakers.net
New York Bayside Queen – A 900 sq.ft. space is available at the intersection of Bell Boulevard and 42nd Avenue. Area retailers include McDonald’s, Payless Shoe Source, Rite Aid, Red Mango and Bareburger. For more information, contact Sam Berko or David Alani, Inline Realty, Inc., 35-11 36th Street, Suite 401, Astoria, NY 11106; 718746-4900 Ext. 4/3. Brooklyn – 2,726 sq.ft. of ground floor retail space is available at the intersection of Fulton Street and Smith Street. Area retailers include Lane Bryant, Modell’s, Wendy’s, Conway, Burger King and Starbucks. Bronx – Concourse Plaza, located at the intersection of East 161st Street and Morris Avenue, has junior anchor spaces from 15,135 sq.ft. to 38,460 sq.ft. available. Cotenants include Food Bazaar, CVS, Petland, GNC, Radio Shack, Blink Fitness, Payless Shoe Source and Rent-A-Center. Area demographics include a trade-area population of 2.6 million within five miles earning $81,364 as the average household income. For more information regarding the property Brooklyn, contact Randall Briskin or Brian Feil, The Feil Organization, 7 Penn Plaza, New York, NY 10001; 212-563-6557 Ext. 218/213, Fax 212-563-6657; Emails: rbriskin@feilorg.com and bfeil@feilorg.com; Web site: www.feilorg.com. For more information regarding the property in the Bronx, contact Randall Briskin. Brooklyn – A 7,000 sq.ft. ground level space, a 7,000 sq.ft. second level space and a 5,000 sq.ft. basement is available at the intersection of Flatbush Avenue and Fulton
Clifton Park – North Country Commons, a 119,450 sq.ft. center located at the intersection of Route 146 and Route 146A, has up to 12,000 sq.ft. of divisible space available. Cotenants include Ocean State Job Lot, Chase Hockey and Pioneer Savings Bank. The average daily traffic count is 24,000 vehicles. For more information, contact Brett Baxt, The Howard Group, 1735 Central Avenue, Albany, NY 12205; 518-452-1881 Ext. 13; Email: bbaxt@howardgroup.com; Web site: www.howardgroup.com. Commack – Bonwit Village Shopping Center, located along Vanderbilt Parkway, has three spaces of 1,000 sq.ft. available, two of which can be combined. Cotenants include Chase Bank, AT&T and TCBY. Area demographics include a population of 74,379 within three miles earning $117,215 as the median household income. The asking rent is $7 psf. For more information, contact Amanda Gordon, Sabre Real Estate Group, LLC, 500 Old Country Road, Garden City, NY 11530; 516-874-8070 Ext. 504; Email: amanda@sabreny.com; Web site: www.sabreny.com. New York – A ground level space of 5,443 sq.ft. and basement spaces of 670 sq.ft. and 912 sq.ft are available at the corner of Fifth Avenue and 43rd Street. Area retailers include Lord & Taylor, H&M, Urban Outfitters, Tommy Bahama and BCBG. Also – A ground level space of 4,632 sq.ft. is available at the intersection of Fulton Street and Pearl Street, along with 3,513 sq.ft. of mezzanine space. Area retailers include Abercrombie & Fitch, Open Door Gastropub, Guess and Starbucks. For more information, contact Sherri White, Meredith Fales, Nick Howell or Jamie Kendall, Vornado Realty Trust, 888 Seventh Avenue, New York, NY 10019; 212-894(continued on page twenty-eight)
September 13, 2013 | Page 27
space place New York (continued from page twenty-seven)
7982/7984/7992/7962, Fax 212-894-7995; Emails: swhite@vno.com, mfales@vno.com, nhowell@vno.com and jkendall@vno.com; Web site: www.vno.com. North Babylon – Pathmark Mall, located at the intersection of Weeks Road and Deer Park Avenue, has a space of 6,206 sq.ft. available. Cotenants include Pathmark, Applebee’s, McDonald’s, Leslie’s Pool Supply and Fabric Warehouse. Area demographics include a population of 320,612 within five miles earning $89,259 as the average household income. For more information, contact Robert Goldfeder, Basser Kaufman, 151 Irving Place, Woodmere, NY 11598; 516-5693700 Ext. 127, Fax 516-569-7528; Email: robert@basserkaufman.com; Web site: www.basserkaufman.com.
North Carolina Henderson – Dabney Center has a space of 1,800 sq.ft. available. Cotenants include Food Lion and Citi Trends. The asking rent is $11 to $12 psf.
Page 28 | September 13, 2013
North Carolina
Pennsylvania
For more information, contact Bruce Lynch, Rosamund Property Consultants, PO Box 1989, 2 North Main Street, Wendell, NC 27591; 919-365-4977, Fax 919-573-9635.
sq.ft. available. Area demographics include a population of 126,224 within seven miles earning $118,988 as the average household income. Morrisville – Morrisville Shopping Center, located at the intersection of East Trenton Avenue and North Pennsylvania Avenue, has spaces up to 15,000 sq.ft. available. Cotenants include Nova Care, Garden Farm Market and H&R Block. Area demographics include a population of 250,172 within five miles. For more information regarding Warrington Square, Doylestown Shopping Center or Barnaby’s Plaza, contact Brooke Henningsen, Robert Winitsky or Damon Di Placido, Arrow Real Estate Services, 555 East City Line Avenue, Bala Cynwyd, PA 18901; 610-7219910/215-764-6363 or 215-275-1679; Email: brookeh@arrowrealestateservices.com; Web site: www.arrowrealestateservices.com. For more information regarding Morrisville Shopping Center, contact Bryan Perchick or Damon DiPlacido, 610-400-3018.
Pennsylvania Chalfont – Warrington Square, a 32,319 sq.ft. strip center located at the intersection of Limekiln Pike and County Line Road, has two spaces of 2,075 sq.ft. available, along with spaces of 1,950 sq.ft. and 2,860 sq.ft., and a pad site of 9,000 sq.ft. Cotenants include Rita’s Water Ice. Area demographics include a population of 135,532 within five miles earning $107,046 as the average household income. Doylestown – Doylestown Shopping Center, located along North Main Street, has a 600 sq.ft. space available. Acme and Bon-Ton anchor the center and cotenants include Staples, Starbucks, Famous Footwear and Friendly’s. Area demographics include a population of 140,069 within five miles earning $117,616 as the average household income. Also – Barnaby’s Plaza, located along North Easton Road, has spaces from 1,040 sq.ft. to 2,200
Chambersburg – Chambersburg Crossing is anchored by Target, Kohl’s and Giant. The (continued on page thirty)
Dealmakers Magazine | www.dealmakers.net
PRIME RESTAURANT SITE AVAILABLE 100
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6-8,000 SF free standing pad available for lease or built to suit, with liquor license Located at Interchange 312 of the Pennsylvania Turnpike, in Chester County PA Unsurpassed visibility and signage from PA Turnpike Immediately adjacent to Hilton Garden Inn with 135 rooms, under construction for delivery in March 2014 Strong demographics in population density, household income and traffic count 17 miles from King of Prussia Mall (two Exits west on PA Turnpike from King of Prussia) Eagleview Corporate Center with its 2,500 residents and over 3,000 employees is located on the opposite side of Route 100 from the site Adjacent 14 acres for future development on site
RESTAURANT SITE
CONTACT STACY MARTIN
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space place Pennsylvania (continued from page twenty-eight)
shopping center has two pad sites of 2,180 sq.ft. and 6,000 sq.t. available for a ground lease. Harrisburg – Dauphin Plaza is located along Union Deposit Road and anchored by Price Rite, Ashley Furniture and Big Lots. Spaces from 1,000 sq.ft. to 6,978 sq.ft. are available for lease. Lowe’s Home Improvement is adjacent to the site. For more information contact Brad Rohrbaugh, Bennett Williams, 110 North George Street, 4th Floor, York, PA 17401; 717-843-5555, Email: brohrbaugh@bennettwilliams.com. Exton – Festival at Exton is located along West Lincoln Highway and anchored by Marshall’s, Home Goods and Dollar Tree. The 152,123 sq.ft. shopping center spaces from 7,000 sq.ft. to 20,000 sq,ft available. Philadelphia – Northeast Tower Center is located at the intersection of Route 1 and Whitaker Avenue. The 477,235 sq.ft shopping center is anchored by Walmart, Ross Dress for Less, Old Navy, Staples and PetSmart. The site is adjacent to Home Depot and Raymour Flannigan. An expansion
Pennsylvania
Pennsylvania
area of 6,500 sq.ft. and an outparcel are available. The average daily traffic count is 93,000 vehicles. For more information regarding Northeast Tower Center contact Lee Zekaria and regarding the Exton site, contact Nicole Johnson, Paramount Realty Services, Inc., 732-961-8132/8123, Emails: lzekaria@paramountrealty.com and njohnson@paramountrealty.com.
45,703 within five miles earning $77,716 as the average household income. For more information, contact Nina Rogers, Kimco Realty, 6 Coulter Avenue, Suite 1000, Ardmore, PA 19003; 610-896-7560 Ext. 5; Email: nrogers@kimcorealty.com.
Horsham – Horsham Point, located at the intersection of Germantown Pike and Hannah Avenue, has a space of 1,800 sq.ft. available. Cotenants include Shop Rite, JoAnn Fabrics, Tuesday Morning, Retro Fitness and Saladworks. Area demographics include a population of 170,000 within five miles earning $97,380 as the average household income. The average daily traffic count is 53,900 vehicles. Quakertown – Richland Marketplace, located at the intersection of Route 309 and West Pumping Station Road, has a space of 5,170 sq.ft. available. Cotenants include BJ’s Wholesale Club, PetSmart, Best Buy, Staples and Target. Area demographics include a population of
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Lancaster – A 5,050 sq.ft. building is available along Witmer Road. Area retailers include Target and Goodwill. Area demographics include a population of 19,868 within three miles earning $77,833 as the average household income. The average daily traffic count is 41,000 vehicle. Reading – Muhlenberg Shopping Plaza, a 145,000 sq.ft. center located along North 5th Street, has spaces from 1,400 sq.ft. to 15,141 sq.ft. available. Cotenants include Ollie’s Bargain Outlet, Amelia’s, Rent-A-Center, Sherwin Williams, H&R Block and Arby’s. Area demographics include a population of 160,084 within five miles earning $54,824 as the average household income. Red Lion – Windsor Commons, a 156,274 sq.ft. center located at the intersection of Cape Horn Road and Chapel Church Road, has spaces available. Cotenants include Anytime Fitness, Pizza Hut, Subway, GNC, Great Clips, Dollar Tree, Giant, Wendy’s and Sonic. Area demographics include a population of 85,648 within five miles earning $72,946 as the average household income. For more information regarding the Lancaster property, contact Joseph Deerin or Patrick Cullen, LMS Commercial Real Estate, 120 North Pointe Boulevard, Suite 301, Lancaster, PA 17601; 717569-9373 Ext. 492/901, Fax 717-5609909; Emails: rmyers@lms-pma.com and pcullen@lms-pma.com; Web site: www.lms-pma.com. For more information regarding Muhlenberg Shopping Plaza, contact Michael Boden, 717-569-9373 Ext. 911; Email: mboden@lms-pma.com. For more information regarding Windsor Commons, contact Wilay Boensch or Dave Nicholson, 717-569-9373 Ext. 616/607; Emails: wboensch@lms-pma.com and dnicholson@lms-pma.com. Philadelphia – Mayfair Shopping Center, a 115,411 sq.ft. center located at the intersection of Frankford Avenue and Levick Street, has spaces of 1,840 sq.ft., 2,116 sq.ft. and 4,000 sq.ft. available. Cotenants include Shop n’ Bag, Aaron’s, Planet Fitness, Rainbow, Wells Fargo, Dollar Tree, Payless Shoe Source, Radio Shack and Foot Locker. Area demographics include a population of 639,524 within five miles earning $52,562 as (continued on page thirty-two)
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space place Pennsylvania (continued from page thirty)
the average household income. The average daily traffic count is 21,410 vehicles. For more information, contact Dan Zelson, Charter Realty & Development, 183 Main Street, Westport, CT 06880; 203-227-2922; Email: dan@chartweb.com; Web site: www.chartweb.com. Philadelphia – 1,200 sq.ft. to 2,500 sq.ft. of corner retail space is available at the intersection of 11th Street and South Street. Area retailers include CVS, Superfresh,
Pennsylvania
Pennsylvania
Whole Foods, Subway and PNC Bank. For more information, contact Jackie Balin, Fameco Real Estate, 1425 Walnut Street, Suite 200, Philadelphia, PA19102; 215-557-0050, Fax 215-557-0053; Email: jbalin@fameco.com; Web site: www.fameco.com.
include a population of 82,669 within one mile earning $74,317 as the average household income. For more information, contact Tim Duffy or Dana Zamparelli, Michael Salove Co., 215-568-2600 Ext. 716/ 706; Emails: tduffy@salove.com and dzamparelli@salove.com.
Philadelphia – 5,300 sq.ft. of ground level retail space is available at the intersection of Market Street and 17th Street. Area retailers include Wells Fargo, Cosí, Verizon Wireless, GNC, Aveda and Aldo. Area demographics
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Pittsburgh – A 1,850 sq.ft. space is available along Murray Avenue. Area retailers include Rite Aid, Cold Stone Creamery, PNC Bank, Radio Shack, Eat ‘N Park and Giant Eagle. Area demographics include a population of 362,137 within five miles earning $56,887 as the average household income. For more information, contact Jason Cannon or Chad Kosanovic, CBRE, 600 Grant Street, Suite 4800, Pittsburgh, PA 15219; 412-394-9805/9836; Emails: jason.cannon@cbre.com and chad.kosanovic@cbre.com; Web site: www.cbre.com. Richboro – Crossroads Plaza, located at the intersection of Bustleton Pike and Second Street Pike, has a space of 1,511 sq.ft. available. Cotenants include Superfresh, Rite Aid, Dollar Tree and Dunkin’ Donuts. Area demographics include a population of 47,737 within three miles earning $116,293 as the average household income. For more information, contact Nina Rogers, Kimco Realty, 6 Coulter Avenue, Suite 1000, Ardmore, PA 19003; 610-896-7560 Ext. 5; Email: nrogers@kimcorealty.com. State College – Hills Plaza South, a 120,000 sq.ft. strip center located at the intersection of US Route 322 and Rolling Ridge Drive, has spaces of 6,000 sq.ft. and 15,000 sq.ft. available. Weis and Ace Hardware anchor the center and cotenants include Kid to Kid, H2O, Taco Bell, Cosmo Prof, Huntington Learning Center, Regis and Clothes Mentor. Area demographics include a population of 85,716 within five miles earning $64,132 as the average household income. The average daily traffic count is 22,000 vehicles. For more information, contact Anthony Vita, Vita & Vita Realty Corp., 277 Fairfield Road, Fairfield, NJ 07004; 973-227-5233; Email: tony@vitarealty.com; Web site: www.vitarealty.com.
Tennessee Bartlett – Bartlett Hills Shopping Center, a 61,428 sq.ft. neighborhood center located at the intersection of Stage Road and Elmore Park Road, has spaces of 1,350 sq.ft., 2,700 Dealmakers Magazine | www.dealmakers.net
space place Tennessee
Texas
Texas
sq.ft. and 24,000 sq.ft. available. Cotenants include Leslie’s Pool Supply, Dogtropolis, El Marcandito and Hibachi Grill. Area demographics include a population of 540,457 within ten miles earning $69,276 as the average household income. The average daily traffic count is 29,497 vehicles. For more information, contact John Reed, The Shopping Center Group, 901-869-2720; Email: johnr@theshoppingcentergroup.com.
and Anna’s Linens. Area demographics include a population of 753,276 within ten miles earning $58,084 as the average household income. The average daily traffic count is 27,412 vehicles. For more information, contact Boxer Retail, 817-922-8888; Email: leasing@boxerretail.com; Web site: www.boxerretail.com.
Cotenants include Best Buy, Lowe’s, 24 Hour Fitness, IHOP, Buffalo Wild Wings, In N Out Burger and Logan’s Roadhouse. Area demographics include a trade-area population of 199,424 earning $562,569 as the median household income. For more information, contact Mason Bishop or Steve Williamson, Transwestern Retail Services Group, 5001 Spring Valley Road, Suite 400 West, Dallas, TX 75244; 972-774-2507/2511; Emails: mason.bishop@transwestern.net and
Greeneville – Greeneville Commons, a 228,618 sq.ft. shopping center located at the intersection of Tusculum Boulevard and Hannah Street, has spaces from 2,400 sq.ft. to 3,467 sq.ft. available, along with 0.8 and 0.77 acre pad sites. Cotenants include Belk, Kmart, Radio Shack, Hallmark, Burks Outlet, rue 21, GNC, JC Penney and CVS. Area demographics include a population of 27,543 within five miles earning $51,710 as the average household income. For more information, contact Eric Penney, Brixmor, 3440 Preston Ridge Road, Building 4, Suite 425, Alpharetta, GA 30005; 770360-8414; Email: eric.penney@brixmor.com; Web site: www.brixmor.com. Murfreesboro – Broad Street Centre, a 206,000 sq.ft. strip center located along Route 41, has spaces of 1,570 sq.ft. and 5,652 sq.ft. available for sublease, as well as outlots of 2,341 sq.ft. and 6,947 sq.ft. available. Kmart, Dollar Tree and Big Lots anchor the center and cotenants include Cato, Payless Shoesource, Arby’s, Tuesday Morning, Bestway, Olan Mills and Hooter’s. Area demographics include a population of 123,673 within five miles earning $64,910 as the average household income. Tullahoma – Tullahoma Square, a 60,000 sq.ft. strip center located along West Lincoln Street, has a 40,000 sq.ft. former Walmart available. Save-A-Lot anchors the center and cotenants include H&R Block and Miracle Ear. Area retailers include Food Lion, Aarons and Dollar General. For more information, contact Anthony Vita, Vita & Vita Realty Corp., 277 Fairfield Road, Fairfield, NJ 07004; 973-227-5233; Email: tony@vitarealty.com; Web site: www.vitarealty.com.
Texas Ft. Worth – La Gran Plaza Shopping Center, a 1.1 million sq.ft. regional center located along South Freeway, has spaces from 193 sq.ft. to 49,800 sq.ft. available. Cotenants include Burlington Coat Factory, Ross Dress for Less, Claire’s, Foot Action, Citi Trends Dealmakers Magazine | www.dealmakers.net
Ft. Worth – Landmark Lakes, located at the intersection of Quebec Street and Northwest Center Drive, has spaces available, along with 1.43 acre and 1.7 acre pad sites.
(continued on page thirty-four)
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space place Texas (continued from page thirty-three)
steve.williamson@transwestern.net; site: www.transwestern.net.
Web
Victoria – The Centre at Navarro, a 47,960 sq.ft. center located at the intersection of North Navarro Street and Sam Houston Drive, has a space of 1,350 sq.ft. available. Cotenants include Hastings, Walgreens, Super Cuts and Wing Stop. Area demographics include a population of 64,125 within five miles earning $61,181 as the average household income. For more information, contact Jodie Pearson, Brixmor, 3901 Bellaire Boulevard, Houston, TX 77025; 713-660-4331; Email: jodie.pearson@brixmor.com; Web site: www.brixmor.com.
Virginia Norfolk – A ground level restaurant space is available at Old Dominion University, located along Monarch Way. For more information, contact Murray Rosenbach, S.L. Nusbaum Realty Co., 440 Monticello Avenue, Norfolk, VA 23510; 757-
Virginia
Virginia
640-2229; Email: mrosenbach@slnusbaum.com; Web site: www.slnusbaum.com.
sq.ft. center located along Mooretown Road, has spaces from 1,200 sq.ft. to 54,840 sq.ft. available. Cotenants include The Home Depot, Petco, Ross Dress for Less, Quizno’s Subs, Dollar Tree, Verizon Wireless, Supercuts and Tropical Smoothie. Area demographics include a population of 91,687 within ten miles earning $92,599 as the average household income. The average daily traffic count is 43,413 vehicles. For more information regarding Brookhill Azalea Shopping Center, contact Sara Goodall or Nick Radkowsky, Divaris Real Estate, Inc., 1111 East Main Street, Suite 801, Richmond, VA 23219; 804643-4700; Emails: sgoodall@divaris.com and nradkowsky@divaris.com. For more information regarding Landstown Commons, contact Levi Thomson or Melinda Simons, One Columbus Center, Suite 700, Virginia Beach, VA 23462; 757-4972113; Emails: lthomson@divaris.com and msimons@divaris.com. For more information regarding Williamsburg Marketcenter, contact Gerald Divaris or Eric Bucklew; Emails: gdivaris@divaris.com and ebucklew@divaris.com. DM
Richmond – Brookhill Azalea Shopping Center, a 162,087 sq.ft. center located at the intersection of Azalea Avenue and Chamberlayne Road, has spaces from 1,610 sq.ft. to 16,146 sq.ft. available, along with a 2,500 sq.ft. outparcel. Cotenants include Food Lion, Family Dollar, Sally Beauty Supply, Citi Trends, Subway and Rainbow Shops. Area demographics include a population of 216,434 within five miles earning $58,385 as the average household income. The average daily traffic count is 104,000 vehicles. Virginia Beach – Landstown Commons, a 409,747 sq.ft. center located at the intersection of Princess Anne Road and Dam Neck Road, has spaces from 1,280 sq.ft. to 7,200 sq.ft. available. Cotenants include Kohl’s, Ross Dress for Less, Best Buy, The Little Gym, AC Moore, Bed Bath & Beyond, PetSmart, OfficeMax, Walgreens and Starbucks. Area demographics include a population of 196,556 within five miles earning $77,178 as the average household income. Williamsburg – Williamsburg Marketcenter, a 120,920
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Creating Value Through Experience
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Septem
207
Leasing Management Sales Development Construction Acquisition
Booth
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Lancaster Office: 120 N. Pointe Blvd. Suite 301 Lancaster, PA 17601 York Office: 1200 Greensprings Dr. York, PA 17402 (p) 717.569.9373 (f) 717.560.9909
TenanT RepResenTaTion:
FeaTuReD pRojecTs: • DevelopmenT • North Cornwall Commons
30 Keller Avenue
Overlook Town Center
Millersville Commons
Valley Plaza
Keystone Arms Center
Union Square S.C.
Regency Square
Queensgate Towne Center
Windsor Commons
Shoppes on Manheim Pike
The Shoppes at Landis Valley
South Hanover S.C.
Gabriel Brothers Plaza
Lebanon, PA Mixed-use New Development
Millersville, PA Join: Sheetz & Jake’s Wayback Burgers Approved Bank & 15,000 SF Retail
Lancaster, PA 11 Acres Mixed-use Re-Development
Lewistown, PA Join: Sherwin Williams, Auto Zone & Tractor Supply
Lancaster, PA Join: Buffalo Wild Wings, Integrity Bank, Chipotle & Noodles Carlisle, PA Join: Dollar General, Subway & Meadows Frozen Custard
• leasing • Harrisburg, PA 1,300 SF • 3,500 SF • 9,600 SF • 20,250 SF • 24,300 SF Red Lion, PA 1,600 SF • 1,600 SF • 4,000 SF Join: Giant, Dollar Tree & Wine & Spirits
Lancaster, PA 1,600 - 10,000 SF Join: Dollar Tree & Goodwill Lancaster, PA 3,484 SF Bank Pad Join: Jimmy John’s & Men’s Wearhouse
Hanover, PA York, PA 1,600 SF • 1,600 SF • 1,606 SF • 1,800 SF 1,000 SF • 1,000 SF Approved Bank & Restaurant pad Join: Gabriel Brothers & Amelia’s
York, PA 1,488 SF Join:Weis,The Bon-Ton & Chipotle
Lancaster, PA 2,798 SF • 5,089 SF Join: Giant-to-Go & CVS/pharmacy
Philadelphia Pennsylvania ONE & OLNEY
ONE & OLNEY SQUARE ROUTE 1 EA ST
BEAUTY
ANNA’S LINENS
2,400 SF U.S. OF A HOSIERY TOWN
10 SPOT
KICK'S MENS
LUCILLE ROBERTS
DOTS
2,450 SF 2,450 SF
ASHLEY STEWART
PAYLESS SHOES
LAUNDRY CAFE
DENTAL DREAMS NAILS
E
PHMC
YOUNG WORLD
NU
2,750 SF
E AV
14,730 SF
Y
3,000 SF
NE
DRIVETHRU
OL
ADULT DAY CARE
1,518 PARKING SPACES SF 00 D 7,5 PA
EA ST NE
US POST OFFICE
DR O E AV NU E
FR
ON
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ST
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ET
SEPTA BUS STOPS: BUSES 26, 57, 18, K
2,450 SF TO 14,370 SF AVAILABLE • 356,000 SF shopping center situated in the heart of Philadelphia’s prime retail market area • High visible location one block west of Roosevelt Boulevard (US Route1), one of Philadelphia’s main arteries • One & Olney Square offers one-stop shopping with a diverse range of popular retail tenants • Serves a densely populated market area with nearly 825,000 consumers within a 5-mile radius
Owner/Manager 7 Penn Plaza, NY 10001 | feilorg.com Nicholas Forelli | nforelli@feilorg.com 212 563 6557 x275 Nothing Beats 50 Years of Stability.