Reporting The Nation’s Weekly News on Retailing & Retail Real Estate
Volume XXV No. XXXVI
September 24, 2010
Apparel Chains Expand Nationwide Crazy Shirts operates 40 locations throughout CA, FL, HI, NV and SC, as well as internationally. The stores, offering apparel and accessories for men, women and children, occupy spaces of 1,500 sq.ft. to 3,000 sq.ft. in specialty, strip and tourist centers. Growth opportunities are sought throughout CA, FL, HI, NV and SC during the coming 18 months, with representation by Townsend & Associates. For more information, contact Michael Rielly, Townsend & Associates, 914 Westwood Boulevard, Suite 550, Los Angeles, CA 90024; 310-286-9945, Fax 310-861-0849; Email: mrielly@townsendassociates.com; Web site: www.crazyshirts.com. Factory Connection, LLC trades as Factory Connection at 238 locations throughout AL, AR, KY, LA, MO, MS, OK, TN and TX. The stores, offering men’s and women’s active wear, occupy spaces of 4,000 sq.ft. in strip and value centers and urban/downtown areas. Growth opportunities are sought throughout the existing markets, in addition to WV, during the coming 18 months. Typical leases run two to five years. A vanilla shell is required. Preferred demographics include a population of 12,000 within three miles earning $30,000 as the average household income. For more information, contact Kenny Littleton, Factory Connection, LLC, 701 Railroad Avenue, Albertville, AL 35951; 256-878-2866, Fax 256878-0629; Email: kal@factory-connection.com; Web site: www.factory-connection.com.
Tilly’s operates 121 locations throughout AZ, CA, CO, DE, FL, MD, NJ, NV, NY, PA and VA. The stores, offering West-Coast style surfand skateboard-inspired apparel, footwear and accessories for men and women, as well as accessories and children’s apparel, occupy spaces of 6,000 sq.ft. to 10,000 sq.ft. in malls and lifestyle, outlet, power and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 10 years with options. Preferred cotenants for lifestyle, outlet, power and strip centers include department stores, Target, Old Navy, sporting goods shops and movie theaters, and preferred cotenants for malls include American Eagle Outfitters, Hollister and Zumiez. Preferred demographics include a population of 300,000 within 10 miles earning $70,000 as the average household income. The stores attract a high-school and university student demographic and promote heavily on social media networks. The company also plans to open a 7,200 sq.ft. store in Walnut Creek, CA. For more information, contact John Burgess, Tilly’s, 10 Whatney, Irvine, CA 92618; 949-609-5587, Fax 949-609-5517; Web site: www.tillys.com. Gussini Fashion & Shoes operates eight locations throughout MD and northern VA. The stores, offering women’s apparel and footwear, occupy spaces of 5,000 sq.ft. in strip centers. Growth opportunities are sought throughout the Washington, DC (continued on page ten)
This issue contains information on:
* Retailers operating 29,842 locations with plans to open 1,892 sites * Real estate valued in excess of $190.1 million to be bought, sold & financed * Leasing activity on over 4.4 million sq.ft. of retail properties
Important News Please Expedite
Postmaster: Periodical
Featuring ICSC Western Division Conference & Virginia Idea Exchange Openings Grocery Outlet, Inc. to open eight to 10 stores throughout the Sacramento, CA area....... Pg. 3 Target Corp. plans to open two stores in San Francisco, CA.... Pg. 8 Observations & Conversations Pg. 4 Profile Excess Space Retail Services, Inc. Pg. 6 Buyers & Sellers Carter & Associates looks to acquire net-leased, singletenant properties nationwide Pg. 9 Food Retailers Expand Panda Express seeks locations throughout northern CA and the Coachella Valley.............. Pg. 11 New Construction Evergreen Development Co. is developing a mixed-use project in Oro Valley, AZ...... Pg. 12 Exclusives Edge Real Estate Group represents Smashburger throughout Cincinatti, OH..... Pg. 13 In the News NAI Las Vegas merged with The Sauter Cos...................... Pg. 13 Lease Signings TNP Strategic Retail Trust signed a lease with Twice as Nice in Tucson, AZ............... Pg. 14 Lead Sheet Jerry’s Artarama to open locations throughout AZ, CA and TX................................... Pg. 15 Mail Boxes Etc., Inc. seeking sites nationwide..................... Pg. 18 Space Place........................... Pg. 19
For more news go to: www.dealmakers.net Mobile Access Code: westconf2010