Reporting The Nation’s Weekly News on Retailing & Retail Real Estate Volume XXVIII No. XXXVII
September 27, 2013
FEATURING apparel Chains Expand Nationwide Destination XL Group, Inc. trades as Destination XL at 60 locations nationwide. The stores, offering men’s big and tall apparel, footwear and accessories, occupy spaces of 7,000 sq.ft. to 10,000 sq.ft. in freestanding locations and endcaps of power centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Preferred demographics include an urban trade area population of one million within a 20 minute drive-time and a suburban trade area population of one million within a 30-minute drive-time earning $70,000 as the average household income. The company prefers to locate in areas with a traffic count of at least 40,000 vehicles per day. For more information, contact Peter Schmitz, Destination XL Group, Inc., 555 Turnpike Street, Canton, MA 02021; 781-828-9300 Ext. 2064, Fax 781-821-0614; Email: pschmitz@dxlg.com; Web site: www.destinationxl.com. rue 21, Inc. trades as rue 21 at 966 locations nationwide in 47 states. The stores, offering apparel and accessories targeted at young men and women, occupy spaces of 4,500 sq.ft. in outlet, power, strip and value centers. Growth opportunities are sought nationwide during the coming 18 months. For more information, contact Bob Thomson, rue 21, Inc., 800 Commonwealth Drive, Suite 100, Warrendale, PA 15086; 724-776-9780; Web site: www.rue21.com.
Bon Worth operates 250 locations nationwide. The stores, offering women’s apparel, occupy spaces of 1,300 sq.ft. to 1,800 sq.ft. in groceryanchored strip centers and of 1,800 sq.ft. to 3,000 sq.ft. in enclosed malls. Growth opportunities are sought throughout the eastern, Midwestern and southern regions of the U.S., excluding the western region and FL, during the coming 18 months, with representation by The Was Group, LLC. Preferred demographics include a trade area population exceeding 100,000. For more information, contact Darren Was, The Was Group, LLC, 33 Sicomac Road, Suite 305, North Haledon, NJ 07058; 862-2034352 Ext. 11, Email: darren@was-group.com; Web sites: www.was-group.com and www.bonworth.com. Deb Shops SDP, Inc. trades as Deb at 300 locations nationwide, excluding AK, CA, FL, GA, HI, MS and NV. The stores, offering discounted juniors and plus-sized apparel items, footwear and accessories, occupy spaces of 7,000 sq.ft. to 8,000 sq.ft. in malls, outlet and power centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. For more information, contact Michael D’Amico, Deb Shops SDP, Inc., 9401 Blue Grass Road, Philadelphia, PA 19114; 215676-6000, Fax 215-698-8664; Web site: www.debshops.com. (continued on page eight)
This issue contains information on: • Retailers operating 26,446 locations with plans to open 1,893 sites • Real estate valued in excess of $84 million to be bought, sold & financed • Leasing activity on over 2.75 million sq.ft. of retail properties s Postmaster: Periodical New nt a te rt di Impo se Expe Plea
post-show icsc pa/nj/de idea exchange New Construction Courtelis Co. preleasing shopping centers in FL............................... Pg. 3 Buyers and Sellers Twin Rivers Capital, LLC marketing Family Dollar locations............... Pg. 4 Who’s Opening and Where Kroger continues growth in VA.... Pg. 5 Food Chains Expand Chop’t to enter NJ....................... Pg. 6 Lease Signings Brixmor inks deal with Smart & Final Extra! in CA........................ Pg. 7 Making the News NAI San Diego taps associate vice president............................. Pg. 7 Sources of Financing Newbridge Investments, LLC open to lending on retail sites..... Pg. 7 Lead Sheet Metropolitan Theatres to grow in the Midwest................................ Pg. 10 Running Room to enter new markets....................................... Pg. 11 The Vitamin Shoppe plans 85 openings nationwide.................. Pg. 12 Zoom Tan to enter the northeastern states.......................................... Pg. 12 Exclusives KeyPoint Partners takes on centers in NH and RI.................. Pg. 14 Space Place................................ Pg. 14