Reporting The Nation’s Weekly News on Retailing & Retail Real Estate
Volume XXV No. XXXVII
October 1, 2010
Supermarket Chains Expand Nationwide King Kullen Grocery Co. Inc. trades as King Kullen and Wild By Nature at 51 locations throughout NY. King Kullen occupies spaces of 35,000 sq.ft. to 60,000 sq.ft. and Wild by Nature occupies spaces of 10,000 sq.ft. to 25,000 sq.ft. in freestanding locations and power and strip centers. Growth opportunities are sought throughout the existing market, as well as NJ, during the coming 18 months. Preferred demographics include a population of 60,000 within three miles earning $80,000 as the average household income. For more information, contact James A. Johnston, King Kullen Grocery Co., Inc., 185 Central Avenue, Bethpage, NY 11714; 516-733-7518, Fax 516-827-6263; Email: realestate@kingkullen.com; Web site: www.kingkullen.com. Murry’s, Inc. trades as Murry’s at 29 locations throughout DE, MD, NJ, PA, VA and Washington, DC. The supermarkets occupy spaces of 8,000 sq.ft. to 12,000 sq.ft. in strip centers and urban/downtown areas. Growth opportunities are sought throughout Baltimore, MD and Washington, DC during the coming 18 months. Typical leases run five years with options. Preferred demographics include a population of 45,000 within five miles. For more information, contact Gary Gold or Mike Luber, Murry’s, Inc., 8300 Pennsylvania Avenue, Upper Marlboro, MD 20772; 301-967-4825, Fax 301-967-4816; Email: ggold@murrys.com; Web site: www.murrys.com.
Market Basket Food Stores operates 17 locations throughout NC. The supermarkets occupy spaces of 12,000 sq.ft. to 27,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run five years with two, five-year options. For more information, contact R.D. Hunt, Market Basket Food Stores, 393 3rd Avenue Southwest, Taylorsville, NC 28681; 828-6329230, Fax 828-632-0836. Bristol Farms Markets trades as Bristol Farms at 14 locations throughout southern and San Francisco, CA. The upscale specialty supermarkets, featuring meat, poultry, seafood, sushi, deli, cheese, prepared foods, produce, wine and spirits, bakery and floral departments and also offering gift baskets and catering services, occupy spaces of 25,000 sq.ft. to 30,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout southern CA during the coming 18 months. Typical leases run 15 years. A vanilla shell and tenant improvement allowance are required. Preferred demographics include a population of 200,000 within five miles earning $75,000 as the average household income. For more information, contact Kevin Davis, Bristol Farms Markets, 915 East 230th Street, Carson, CA 90745; 310-233-4700; Email: corporateinfo@bristolfarms.com; Web site: www.bristolfarms.com. (continued on page nine)
This issue contains information on:
* Retailers operating 24,014 locations with plans to open 1,644 sites * Real estate valued in excess of $90 million to be bought, sold & financed * Leasing activity on over 9.2 million sq.ft. of retail properties
Important News Please Expedite
Postmaster: Periodical
Featuring Post-Show ICSC PA/NJ/DE Idea Exchange New Construction Tucker Development Corp. is developing a 185,000 sq.ft. retail project in Ft. Lee, NJ..... Pg. 3 Openings Von Maur, Inc. to open Dry Goods locations throughout the Midwest........................... Pg. 4 Murphy Adams Restaurant Group to open Mama Fu’s restaurants in LA.................... Pg. 6 Buyers & Sellers Brauvin Real Estate looks to acquire CVS locations............ Pg. 5 NAI Hanson negotiated the sale of a 160,000 sq.ft. center in Irvington, NJ...................... Pg. 8 Food Retailers Expand Chuy’s plans to enter the LA and OK markets..................... Pg. 7 In the News Scott P. Lifschultz formed SPL Realty Partners....................... Pg. 8 Exclusives Continental Real Estate Cos. named exclusive leasing agent for a center in MiamiDade County, FL................... Pg. 8 Lease Signings Winick Realty Group negotiated a lease with Conway for 34,000 sq.ft. in Brooklyn, NY......................... Pg. 10 Lead Sheet Charles David looking for sites nationwide..................... Pg. 13 Kidville, Inc. seeking locations nationwide............................ Pg. 14 Space Place........................... Pg. 15
For more news go to: www.dealmakers.net Mobile Access Code: postpanjde2010
New Construction Fameco Real Estate is redeveloping Dover Mall, a 220,000 sq.ft. power center located at the intersection of Route 37 and Route 166 in Toms River, NJ. Space is available. Staples and ShopRite anchor the center. Area retail includes Rite Aid, Kohl’s, Super Foodtown, Five Below, Atlanta Bread Co., Fashion Bug and Modell’s. Area demographics include a population of 152,767 within five miles earning $59,182 as the median household income. The company is also redeveloping Newark Shopping Center, located along Main Street in Newark, DE. Shop and junior anchor spaces are available along with pad
President/Publisher.............................. Ann O'Neal ann@dealmakers.net Vice President .................................. Alyson Parker alyson@dealmakers.net Art Director................................. Anthony Pingicer anthony@dealmakers.net Editor.................................................. Erin Dunkley erin@dealmakers.net Editor............................................... Adam Taliercio adamt@dealmakers.net Customer Service....................... Bridget Thoresen custserv@dealmakers.net Founder..................................................... Ted Kraus 1979–2007
The Dealmakers (ISSN 1055-0771) is published weekly except for the weeks of January 1st, July 4th, the ICSC's Spring and Fall Conventions and December 25th for $294 per year U.S., foreign $319 by TKO Real Estate Advisory Group Inc. PO Box 2630 Mercerville, NJ 08690-0630. TM
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 Dealmakers TM 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 086900630. Periodical postage paid at Trenton, NJ and at additional mailing offices. Affiliated with Tenant Search, E.S.P., Properties by Fax Copyright 2010 by TKO Real Estate Advisory Group Inc. 609-587-6200, fax 609-587-3511.
sites. Area retail includes The UPS Store, Panera Bread, Sprint, Cosi, Cold Stone Creamery, Happy Harry’s, Dunkin’ Donuts, Baskin-Robbins, Citizens Bank, Kildare’s, TCBY and Starbucks. Area demographics include a population of 143,777 within five miles earning $70,562 as the median household income. For more information regarding Dover Mall, contact Michael Horne or Jeffrey Cohen, Fameco Real Estate, 555 U.S. Highway 1 South, Suite 400, Iselin, NJ 08830; 732526-9102 or 610-834-8000, Fax 732-5269101; Emails: mhorne@famecoretail.com and jcohen@famecoretail.com. For more information regarding Newark Shopping Center, contact Blake Golom or Rick Schuch, 633 West Germantown Pike, Suite 200, Plymouth Meeting, PA 19462; 610-834-8000, Fax 610-834-1793; Emails: bgolom@famecoretail.com and rschuch@famecoretail.com. Tucker Development Corp. is developing Bristol Place, a mixed-use project located at the intersection of Highway 50 and Interstate 94 in Bristol, WI. Cotenants include Ashley Furniture. Area demographics include a population of 207,265 within 10 miles earning $70,701 as the average household income. The average daily traffic count is 109,500 vehicles. The company is also developing Springfield Avenue Marketplace, a grocery-anchored mixed-use project located at the intersection of Springfield Avenue and Jones Street in Newark, NJ. Shop spaces from 1,200 sq.ft. to 7,560 sq.ft. and junior anchor space totaling 40,000 sq.ft. are available. Area demographics include a population of 695,521 within five miles earning $64,305 as the average household income. The company is also developing Hudson Lights at Ft. Lee, a one million sq.ft. mixed-use project located at the intersection of Lemoine Avenue and Main Street in Ft. Lee, NJ. The site features a 185,000 sq.ft. retail and restaurant component, a 527-unit multifamily component and a 142-unit hospitality component. Area demographics include a population of 336,596 within five miles earning $98,802 as the average household income. The average daily traffic count is 300,000 vehicles. For more information, contact Adam Moschin, Tucker Development Corp., 799 Central Avenue, Suite 300, Highland Park, IL 60035; 847-926-9999, Fax 847-926-9996; Email: amoschin@tuckerdevelopment.com; Web site: www.tuckerdevelopment.com. For additional information regarding the Bristol property, contact Stacie Platt; Email: splatt@tuckerdevelopment.com. www.dealmakers.net
The
National Realty & Development Corp. is developing Friendship Heights Plaza, a 40,000 sq.ft. project located at the intersection of Jenifer Street and Western Avenue Northwest in Washington, DC. Area demographics include a population of 500,000 within one mile earning $165,547 as the average household income. Area retail includes Neiman Marcus, Saks Fifth Avenue, Williams-Sonoma, Lord & Taylor and Bloomingdale’s. For more information, contact Jerry Bermingham, National Realty & Development Corp., 3 Manhattanville Road, Purchase, NY 10577; 914-272-8032; Email: jerry.bermingham@nrdc.com; Web site: www.nrdc.com. DeBartolo Development, with Colliers Monroe Friedlander, is developing Ka Makana Ali’I, a 1.5 million sq.ft. mixed-use project being constructed in phases at the intersection of Roosevelt Avenue and Kapolei Parkway in Kapolei, HI. Space is available. Area demographics include a population of 110,320 within five miles earning $98,522 as the average household income. For more information, contact Erin Nellis or Yoon Smith, 7001 North Scottsdale Road, Suite 2055, Scottsdale, AZ 85253; 480-483-7373, Fax 480-483-7375; Emails: enellis@debartolodevelopment.com and ysmith@debartolodevelopment.com; Web site: www.debartolodevelopment.com. Or Jon-Eric Greene, Nathan Fong or Kelli Yanagawa-Wilinski, Colliers Monroe Friedlander; 808-330-2900, 808-295-2582 or 808-523-9758; Emails: jeg@colliershawaii.com, nathan@colliershawaii.com and kelli@colliershawaii.com. Zaremba Group, LLC is developing Cedar Crossings, a 900,000 sq.ft. project located at the intersection of U.S. Highway 6 and Interstate 355 in New Lenox, IL. Area demographics include a population of 234,326 within seven miles earning $83,548 as the average household income. The center is slated to open next fall. The company is also developing Boston Place, located at the intersection of Route 176/Broadview Road and Boston Road in Broadview Heights, OH. Area demographics include a population of 126,691 within seven miles earning $89,408 as the average household income. For more information, contact Zaremba Group, LLC; 216-221-6600 or 800-2523222; Web sites: www.zarembagroup.com and www.cedarcrossings.com. For more information regarding Boston Place, contact Heather Kovello; Email: hkovello@zarembagroup.com. DM
Dealmakers
October 1, 2010
page 3
Who’s Opening and Where Trufoods, LLC (212-359-3600) is slated to open nine Ritter’s Frozen Custard franchise locations throughout the Dayton, OH area during the coming three years, as part of a plan to open more than 14 locations by the end of next year. Planned openings include locations in Centerville, Huber Heights, Lebanon, Germantown, Brookville, Xenia and downtown Dayton. The company currently operates 31 Ritter’s locations throughout FL, IN, MI, NJ, OH and TX, and also trades as Wall Street Deli, Arthur Treacher’s Fish & Chips and Pudgie’s Famous Chicken. Whole Foods Market, Inc. (512-477-4455) will open a 37,000 sq.ft. Whole Foods Market grocery store at Square 54, located along Pennsylvania Avenue in the Foggy Bottom area of Washington, DC. The store is slated to open during mid-to-late 2011. The company also plans to open 35,000 sq.ft. stores in Austin, TX, including a unit at Shops at Arbor Trails, located at the intersection of MoPac Expressway and William Cannon Drive, during fall of next year; at Hill Country Galleria, located at the intersection of Highway 71 and FM 620 during spring of 2012, and at The Domain during spring 2013.
Von Maur, Inc. (563-388-2200) plans to open Dry Goods locations throughout the Midwest next year. The company will launch the new concept, offering apparel and accessories for young-adult females and featuring vintage, turn-of-the-century décor, with a 4,200 sq.ft. location at Westfield Fox Valley Mall in Aurora, IL. The company currently operates 24 Von Maur department stores throughout the midwestern U.S. Sur La Table, Inc. (206-613-6000) plans to open a 5,142 sq.ft. Sur La Table store in a former Intimacy site at Aventura Mall, located in Aventura, FL. The store will join Nordstrom at the center, and is slated to open by December. The company currently operates 76 locations nationwide, and plans to open an additional five locations by year’s end. Fairway Group Holdings Corp. (646-6168000) plans to open a three-story Fairway supermarket along East 86th Street in the Upper East Side area of New York, NY. The store is slated to open early next year. The company also plans to open locations in Stamford, CT and Douglaston and Queens, NY.
Burke’s Outlet Stores, Inc. (941-747-2355) plans to open a Burke’s Outlet location in a former Goody’s at Barren River Plaza, located along U.S. Highway 31 East in Glasgow, KY, as part of a plan to open 21 locations by early next year. The store will join Hallmark and Peebles at the center and is slated to open next month. The company will also open a location in a former Goody’s along Russellville Bypass in Russellville, KY later this month. The company currently operates 165 stores, offering apparel, footwear and home goods, nationwide throughout 11 states in the southern U.S. Golfsmith International Holdings, Inc. (512-837-4810) will open a 31,000 sq.ft. Golfsmith store along Glades Road in Boca Raton, FL. The store will be in the company’s new, interactive concept, and will feature an indoor driving range and putting green, custom fitting studios to help customers select golf clubs, and a full-service tennis department. The company plans to open 14 locations utilizing this concept. The Boca Raton store will be the company’s seventh in the state, and is slated to open during the first quarter of next year.
Nielsen Pop Quiz
WHICH RETAIL LOCATION HAS THE MOST REVENUE POTENTIAL?
WANT THE ANSWER? JUST ASK NIELSEN.™ Nielsen’s market and site analysis solutions can help you improve your location selection, market planning and customer targeting strategies. Visit www.nielsen.com or call 877-707-2385. © 2010 The Nielsen Company. 847/0410
Nielsen Claritas is now Nielsen page 4
October 1, 2010
The
Dealmakers
www.dealmakers.net
(continued on page six)
Buyers and Sellers Goodman Real Estate Services Group, LLC is selling Zeppe’s Pizza Plaza, a 3,600 sq.ft. two-tenant retail building located in Northfield Village, OH. Tenants at the center include Mr. Hero and Zeppe’s Pizza. The NOI is $22,600. The asking price is $232,994 with a Cap rate of 9.7%. The company is also selling Trask Plaza at the Diamond Centre, a 23,200 sq.ft. strip center located along Diamond Centre Drive in Mentor, OH. Tenants at the center include Dollar Tree, Buffalo Wild Wings, Best Cuts, Quiznos and Cold Stone Creamery. Area retail includes Home Depot, Atlas Cinemas, Gander Mountain, Value Place, Ruby Tuesday, Steak ‘N Shake, McDonald’s and Burger King. Area demographics include a population of 136,621 within seven miles earning $60,974 as the median household income. The asking price is $3.75 million with a Cap rate of 8.86%. For more information regarding the Northfield Village property, contact Kyle Hartung or Robert Yaskanich, Goodman Real Estate Services Group, LLC, 25333 Cedar Road, Suite 305, Lyndhurst, OH 44124; 216-381-8200 Ext. 206/216, Fax 216-3818211; Emails: kyle@goodmanrealestate.com and rob@goodmanrealestate.com; Web site: www.goodmanrealestate.com. For more information regarding the Mentor property, contact Zachary Sogoloff; 216-381-8200 Ext. 210; Email: zack@goodmanrealestate.com. Trout Daniel & Associates, with Marcus & Millichap Real Estate Investment Services, negotiated the sale of a 17,500 sq.ft. commercial property located along North Charles Street in Baltimore City, MD. KBHLI, Inc. acquired the property from New Charles Village Development, LLC for $2.6 million. At the time of sale, tenants at the property included a freestanding CVS. For more information, contact Arthur W. Putzel, Trout Daniel & Associates, 9690 Deereco Road, Suite 100, Timonium, MD 21093; 410-435-4004; Web site: www.troutdaniel.com. Vintage Partners is selling a 13.12-acre parcel located at the intersection of 95th Avenue and Camelback Road in Glendale, AZ. Area retail includes Walmart Supercenter. The company is also selling a 14.72-acre parcel located at the intersection of Tower Road and Salida Street in Aurora, CO. Area retail includes Walmart Supercenter, Home Depot, Best Buy, Bed Bath & Beyond and OfficeMax. For more information, contact Casey Treadwell, Vintage Partners, 15035 North 73rd Street, Suite B, Scottsdale, AZ 85260; 480-348-3804; Email: ctreadwell@vparizona.com.
Hanley Investment Group Real Estate Advisors, with Real Estate Portfolio Specialists and ASB Property Management, Inc., negotiated the sale of Foothill Promenade, a 42,093 sq.ft. center situated on 2.75 acres at the intersection of Foothill Boulevard and Gould Avenue in La Canada, CA. A private entity acquired the property from Dollinger Properties for $16 million. At the time of sale, the property was 100% leased with tenants including Trader Joe’s, Union Bank, Petco, Aaron’s, Starbucks and Han’s Beauty. The companies represented the buyer in the transaction. The company also negotiated the $1.46 million sale of a 2,200 sq.ft. freestanding Del Taco situated on 0.41 acres at Haven Village, a neighborhood shopping center located along Haven Avenue in Rancho Cucamonga, CA. The company represented the seller in the transaction. For more information, contact Hanley Investment Group, 2030 Main Street, Suite 1650, Irvine, CA 92614; 949-5857610, Fax 949-585-7611; Web site: www.hanleyinvestment.com. Wallender Commercial Real Estate, Inc. is selling a 25,000 sq.ft. former Landeros Furniture Super Store situated on 1.6 acres along South E Street in San Bernardino, CA. Area retail includes Inland Center Mall. The asking price is $54 psf. For more information, contact Roger Thompson, Wallender Commercial Real Estate, Inc., 1980 Orange Tree Lane, Suite 250, Redlands, CA 92374; 909-7923550 Ext. 2, Fax 909-792-0770; Email: nnndealmaker@email.com; Web site: www.wallendercommercial.com. Basser-Kaufman is selling a 5,000 sq.ft. retail building located at the intersection of Rockaway Beach Boulevard and Beach Channel Drive in Rockaway Park, NY. Area demographics include a population of 25,111 within one mile earning $64,830 as the average household income. For more information, contact BasserKaufman, 151 Irving Place, Woodmere, NY 11598; 516-569-3700, Fax 516-569-7528. RE/Max Classic – Commercial Division is selling a 19,963 sq.ft. freestanding Phoenixville Bowling Lanes situated on 3.6 acres along Schuylkill Road in Phoenixville, PA. For more information, contact James Mealey, RE/Max Classic – Commercial Division, 528 East Lancaster Avenue, St. Davids, PA 19087; 610-687-2900, Fax 484887-1635; Email: jamesmealey@yahoo.com; Web site: www.jimmealey.com. www.dealmakers.net
The
Colliers International Tampa Bay Florida negotiated the $2.8 million sale of Plymouth Center, a 44,769 sq.ft. strip center situated on 4.06 acres along South Tamiami Trail in Ft. Myers, FL. NYFL Commercial Holdings 2, LLC acquired the property from ESPO Capital, Inc. At the time of sale, the center was 68% occupied. The company represented the seller and Mayhugh Realty, Inc. represented the buyer in the transaction. For more information, contact Michael Milano, Cynthia Shelton or Karen JohnsonCrowther, Colliers International, 311 Park Place Boulevard, Suite 600, Clearwater, FL 33759; 727-442-7184, 407-843-1723 or 239-418-0300, Fax 727-449-2428; Emails: mike.milano@colliers.com, cynthia.shelton@colliers.com and karen.crowther@colliers.com; Web site: www.colliers.com. The Boulder Group is selling an OfficeMax located along East Veterans Parkway in Yorkville, IL. Trade-area demographics include a population earning $83,775 as the average household income. The asking price is $3.153 million with a Cap rate of 9.7%. For more information, contact Randy Blankstein or Jimmy Goodman, The Boulder Group, 666 Dundee Road, Northbrook, IL 60062; 847-562-0003/8500; Emails: randy@bouldergroup.com and jimmy@bouldergroup.com; Web site: www.bouldergroup.com. Westwood Net Lease Advisors is selling a 4,136 sq.ft. Hardee’s situated on 1.45 acres along Pendleton Pike in Indianapolis, IN. The tenant is bound to a corporately-guaranteed, NNN ground lease with 14 years remaining on the lease term. The average daily traffic count is 40,000 vehicles. The NOI is $74,419. The asking price is $992,250 with a Cap rate of 7.75%. For more information, contact Chris Schellin, Westwood Net Lease Advisors; 314-997-5227 Ext. 104; Email: cschellin@westwoodnetlease.com. Brauvin Real Estate is looking to acquire CVS locations. Suitable properties feature tenants bound to short-term leases with six years or less remaining on the term, and area demographics including a population above 50,000 within five miles. For more information, contact Mark C. Lewensohn or Eric Saltzman, Brauvin Real Estate, 205 North Michigan Avenue, Suite 1900, Chicago, IL 60601; 312-759-7662/ 7668; Emails: mlewensohn@brauvin.com and esaltzman@brauvin.com.
Dealmakers
(continued on page eight) October 1, 2010
page 5
Who’s Opening and Where (continued from page four)
Recreational Equipment, Inc. (253-3953780) will open a 24,500 sq.ft. REI sporting goods store off of U.S. Highway 101 between Anacapa Street and State Street in Santa Barbara, CA. The store is slated to open next fall. The company also plans to open a 35,000 sq.ft. REI at The Market Place, located in Tustin, CA. The store will replace an existing, smaller location at McFadden Place, located in Santa Ana, CA, and is slated to open this fall. The company currently operates 112 locations nationwide, including 26 in CA. Ultimate Electronics, Inc. (877-439-7667) will open a 35,000 sq.ft. Ultimate Electronics store in Buffalo, NY. The store is slated to open this fall. The company currently operates 37 locations nationwide throughout 12 states. Healthy Fast Food, Inc. (702-448-5301), through franchisee Galena Frozen Yogurt Co., will open a U-Swirl Frozen Yogurt parlor at Coit Plaza, a center situated on 28.8 acres along North McCarran Boulevard in Reno, NV. The opening will be the company’s third in the city.
page 6
October 1, 2010
The
Morton’s Restaurant Group, Inc. (866-6678667) will open an 8,500 sq.ft. Morton’s The Steakhouse restaurant at Uptown Plaza, located at the intersection of McKinney Street and Pearl Street in the Uptown area of Dallas, TX. The restaurant will seat 244 patrons and be in the company’s new prototype, featuring a lighter interior, private dining rooms and a bar. The location is slated to open early next year. The company currently operates 76 restaurants nationwide throughout 26 states, as well as internationally. Hobby Lobby Stores, Inc. (405-745-1100) plans to open a 54,000 sq.ft. Hobby Lobby craft store in a former Joe’s Sports along Canal Drive in Kennewick, WA, as part of a plan to open 26 locations this year. The store, offering arts and crafts supplies as well as cards and party supplies, baskets, home accents, educational items and seasonal holiday items, is slated to open next month. The company currently operates 450 locations nationwide throughout 38 states. Murphy Adams Restaurant Group (512-9493220), through franchisee SBC Restaurants,
Dealmakers
www.dealmakers.net
LLC, plans to open three Mama Fu’s restaurants throughout LA. The first opening is slated for the first quarter of next year. The company currently operates 13 of the fast-casual restaurants, offering Pan-Asian food, throughout AR, FL, GA, NC and TX, and plans to open 150 locations during the coming five years. TJX Cos., Inc. (508-390-3000) will open a 5,700 sq.ft. HomeGoods store at Columbus Square, located along Columbus Avenue between 98th Street and 99th Street in Manhattan, NY. The store is slated to open early next year and joins its sister store, T.J. Maxx, at the site. The company currently operates 2,700 locations nationwide under the T.J. Maxx, Marshalls, HomeGoods and A.J. Wright trade names, including 300 HomeGoods locations. Jos. A. Bank Clothiers, Inc. (410-239-2700) will open a 3,700 sq.ft. Jos. A. Bank men’s apparel store at Blakeney, a 270-acre mixeduse project with a 495,000 sq.ft. retail component located at the intersection of Rea Road and Ardrey Kell Road in Charlotte, NC. The store will join Le Cookery, PJ’s Designs, TCBY and bevello at the center. DM
Food Retailers Expand Nationwide Bistro at Cherry Hill operates two locations in NJ and PA. The restaurants occupy spaces of 3,500 sq.ft. in malls and downtown areas. Growth opportunities are sought within 100 miles of Philadelphia, PA during the coming 18 months, with representation by Great American Brokerage. Preferred cotenants include Neiman Marcus, Nordstrom and Macy’s. Smokin’ Al’s Famous BBQ Joint operates two locations in Nassau and Suffolk, NY. The full-service restaurants, also offering carry-out, occupy spaces of 4,000 sq.ft. to 6,000 sq.ft. in freestanding locations, urban/ downtown areas and power and strip centers. Plans call for two openings within the existing markets during the coming 18 months, with representation by Great American Brokerage. Preferred demographics include a trade-area population earning $75,000 as the median household income. Tilted Kilt operates 32 locations nationwide throughout 20 states. The Scottish pubs occupy spaces of 6,000 sq.ft. to 10,000 sq.ft. in conversions and buildto-suits. Growth opportunities are sought throughout NJ and NY during the coming 18 months, with representation by Great American Brokerage. Major competitors include Buffalo Wild Wings. The company prefers sites with high ceilings located near regional shopping centers. For more information, contact Paul Fetscher, Great American Brokerage, 100 West Park Avenue, Suite 309, Long Beach, NY 11561; 516-889-7200; Email: gtamerican@aol.com; Web site: www.restaurantexpert.com. Outback Steakhouse operates 970 locations nationwide and internationally. The casual steakhouses occupy spaces of 6,300 sq.ft. in freestanding locations, urban/downtown areas and endcaps, inline spaces and pad sites of strip centers. Plans call for one to two openings within New York, NY and the outer boroughs, as well as Long Island, during the coming 18 months, with representation by Winick Realty Group. The company prefers to locate in high-traffic areas in downtown business districts. The Original SoupMan operates locations nationwide throughout 29 states and Canada. The restaurants occupy spaces of 500 sq.ft. to 1,000 sq.ft. in freestanding locations, urban/downtown areas and endcaps, inline spaces and pad sites of strip centers. Plans call for five openings throughout New York, NY during the coming 18 months, with representation by Winick Realty Group. The company prefers hightraffic areas in downtown business districts. For more information, contact Diana Boutross, Winick Realty Group, 655 3rd Avenue, 8th Floor, New York, NY 10017; 212-792-2608, Fax 212-792-2660; Email: diana@winick.com; Web site: www.winick.com.
Sonic Drive-In operates 3,500 locations nationwide throughout 42 states. The restaurants occupy freestanding locations situated on a land area of 0.6 acres to 1 acre. Plans call for four to six openings throughout central VA during the coming 18 months, with representation by Grubb & Ellis|Harrison & Bates. The company prefers to acquire sites or ground lease. A canopy construction and drivethru are required. Preferred demographics include a population exceeding 25,000 within three miles. The company prefers sites with average daily traffic counts above 15,000 vehicles. Little Caesar’s operates 2,000 locations nationwide and internationally. The pizzerias occupy spaces of 1,500 sq.ft. to 1,700 sq.ft. in freestanding locations and endcaps of shopping centers. Plans call for four openings throughout central VA during the coming 18 months, with representation by Grubb & Ellis|Harrison & Bates. The company prefers sites with a drive-thru. Preferred cotenants include grocery stores. Preferred demographics include a population above 25,000 within three miles. For more information, contact Susan Jones, Grubb & Ellis|Harrison & Bates, 6606 West Broad Street, Suite 400, Richmond, VA 23230; 804-788-1000, Fax 804-782-1145; Email: susan.jones@harrison-bates.com; Web site: www.harrison-bates.com. Baja Fresh and La Salsa operate 300 locations nationwide throughout 28 states. The restaurants occupy spaces of 1,500 sq.ft. to 1,800 sq.ft. in anchored shopping centers and central business districts. Growth opportunities are sought throughout southern CA during the coming 18 months, with representation by Present Value Properties, Inc. Expansion is franchise-driven. The company prefers locations with outdoor seating at signaled intersections. For more information, contact Bernie Labowitz, Present Value Properties, Inc., 150 El Camino Real, Suite 100, Tustin, CA 92780; 714-464-3037, Fax 714-464-3015; Email: bernie@pvpinc.com; Web sites: www.bajafresh.com and www.pvpinc.com. Chuy’s Opco, Inc. trades as Chuy’s at 22 locations throughout AL, KY, TN and TX. The restaurants occupy spaces of 6,000 sq.ft. to 8,000 sq.ft. in freestanding locations and endcaps of shopping centers. Growth opportunities are sought throughout the existing markets, as well as LA and OK, during the coming 18 months. Typical leases run 15 to 20 years with three, five-year options. For more information, contact Michael Hatcher, Chuy’s Opco, Inc., 1623 Toomey Road, Austin, TX 78704; 512-473-2783, Fax 512-473-8684; Email: mhatcher@chuys.com; Web site: www.chuys.com. www.dealmakers.net
The
Hale & Hearty operates 23 locations throughout NJ and NY. The restaurants, offering soups, salads and sandwiches, occupy spaces of 1,100 sq.ft. to 1,800 sq.ft. in downtown areas. Growth opportunities are sought throughout the Upper West, Upper East, SoHo and Midtown areas of Manhattan, NY during the coming 18 months, with representation by New Street Realty Advisors. Basement space is required. The restaurants do not require ventilation. For more information, contact Joshua Gettler or Matthew Gorman, New Street Realty Advisors, 419 Park Avenue South, Suite 809, New York, NY 10016; 212-2510627/0626; Emails: jgettler@newstreetra.com and mgorman@newstreetra.com; Web site: www.newstreetra.com. City Bites, Inc. trades as City Bites at 18 locations throughout OK. The restaurants, offering soups, salads, sandwiches, wraps, potatoes and desserts, occupy spaces of 2,000 sq.ft. in freestanding locations, downtown areas and specialty and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run five years with two, fiveyear options. Preferred demographics include a population of 40,000 within three miles earning $40,000 as the average household income. The company prefers to locate near suburban office areas. For more information, contact Mike Wolf, City Bites, Inc., 2600 East Memorial Road, Edmond, OK 73013; 405-607-8100, Fax 405-607-8200; Web site: www.citybites.net. Roti Mediterranean Grill operates six locations throughout Chicago, IL and Washington, DC. The restaurants occupy spaces of 2,500 sq.ft. to 3,000 sq.ft. in urban/ downtown areas. Growth opportunities are sought throughout MD, VA and Washington, DC during the coming 18 months, with representation by Papadopoulos Properties, Inc. Typical leases run 10 years. Major competitors include Chipotle. The company prefers to locate in areas with dense, urban demographics. For more information, contact Ralph Tapiero, Papadopoulos Properties, Inc., 1420-B 21st Street Northwest, Washington, DC 20036; 202-466-2200; Email: rtapiero1@verizon.net; Web site: D www.papadop.com. M
Dealmakers
follow us on twitter at: www.twitter.com/dealmakersmag become a facebook fan at: www.facebook.com/thedealmakers October 1, 2010
page 7
Real Estate Professionals Making the News SPL Realty Partners (310-883-7911) was recently formed by Scott P. Lifschultz. The company is a boutique real estate consulting and brokerage firm specializing in representing retail chains with site selection, strategy and real estate development. The company will also represent owners of select retail projects. LMS Commercial Real Estate (717-569-9373) hired Blaze Cambruzzi as an asset manager. Prior to joining the company, he served as site acquisition manager for High Real Estate Group, with a focus on retail, multifamily and hospitality properties. The company is a fullservice commercial real estate firm offering landlord and tenant representation, property and asset management, development and construction services. Coldwell Banker Commercial Lazar & Associates (909-793-3600) hired Chris Remund and Eric Hutchins as associates. Remund specializes in acquisition, disposition and development of commercial properties. Prior to joining the company, Hutchins served as an associate at Grubb & Ellis Co. and Lee & Associates, with a focus on the eastern valley of the Inland Empire, CA area. The company is a full-service commercial real estate firm specializing in retail properties, industrial and land investments and office properties throughout the Inland Empire area. Core Commercial (210-288-9016) was recently formed. The firm offers project listing, tenant representation, investment brokerage, development and property management services. Amanda Concha and Rudy Fuentes will serve as principals. Grubb & Ellis Co. (714-975-2230) named Deborah Perry as senior vice president, East Bay Retail Group Leader. She will lead the company’s East Bay, CA team and will also be a member of the company’s Retail Agency and Retail Tenant Representation groups. She will operate out of the company’s Walnut Creek, CA office. Prior to joining the company, Perry served at Colliers Parish International. Marcus & Millichap Real Estate Investment Services (925-953-1716) hired Bill G. Jordan as senior associate at the company’s Ft. Worth, TX office. He will specialize in the sale of retail investment properties. Prior to joining the company, Jordan served as a partner at a commercial real estate firm specializing in land, retail and office properties. The company is a national firm specializing in commercial real estate D investment services. M page 8
October 1, 2010
The
Exclusives and Leasing Assignments Grubb & Ellis Co. (949-608-2000) has been named leasing agent for Foothill Ranch Towne Centre, a one million sq.ft. center located at the intersection of Bake Parkway and Portola Parkway in Foothill Ranch, CA. Tenants at the center include Target, Old Navy, Ralphs, In-N-Out Burger, Michaels, Regal Cinemas, Staples, CVS, Jo-Ann Fabrics and Chuck E. Cheese’s.
Franklin Street Management Services (813839-7300) represents Beef O’Brady’s with the chain’s expansion along the western coast of FL. The restaurants are seeking spaces of 3,600 sq.ft. in second-generation restaurant sites, outlots and endcaps of suburban shopping centers. Preferred demographics include a population of 30,000 within three miles earning $50,000 as the median household income. The company prefers sites with average daily traffic counts above 25,000 vehicles.
Continental Real Estate Cos. (614-221-1800) has been named the exclusive leasing agent for Shops at Beacon Lakes, a 470,000 sq.ft. retail project currently under development on 45 acres at the intersection of FL Turnpike and Dolphin Expressway in Miami-Dade County, FL.
Prudential Douglas Elliman Real Estate (212-891-7000) represents MonnaLisa with the children’s apparel retailer’s expansion nationwide.
UCR Realty (210-979-9700) represents Taco Palenque with the chain’s expansion throughout San Antonio, TX. The restaurant chain is seeking second-generation spaces of 4,000 sq.ft. to 5,500 sq.ft. with tradearea demographics including a population earning $40,000 to $70,000 as the average household income.
Cassidy Turley (513-421-4884) has been named the leasing agent for Uptown Commons, a mixed-use project currently under development in Cincinnati, OH. The project will feature a 70,000 sq.ft. retail component, a 150-unit multifamily component and a hospitality component, and is slated to open during fall 2012. DM
Buyers and Sellers (continued from page five)
Colliers Arnold is selling a 1.3-acre parcel located along Sun City Center Boulevard in Sun City Center, FL. Area retail includes Home Depot and Denny’s. Area demographics include a population of 54,351 within five miles earning $56,930 as the average household income. The average daily traffic count is 36,500 vehicles. The asking price is $750,000. For more information, contact Hal Colbert, Colliers Arnold, 4350 West Cypress Street, Suite 300, Tampa, FL 33607; 813-221-2290, Fax 813-224-9403; Email: hal.colbert@colliers.com; Web site: www.colliers.com/markets/tampabay. Cole Real Estate Investments acquired Atascocita Commons, a 306,890 sq.ft. center located in Humble, TX. The company acquired the property from Trammel Crow Co. for $56.5 million. At the time of sale, the center was 98.5% leased and anchored by Kohl’s and T.J. Maxx/HomeGoods. For more information, contact Cole Real Estate Investments, 2575 East Camelback Road, Suite 500, Phoenix, AZ 85016; 602778-8700; Web site: www.colecapital.com. S.L. Nusbaum Realty Co. is selling a 6,012 sq.ft. Channel Bass Restaurant situated on
Dealmakers
www.dealmakers.net
1.06 acres along NC Highway 12 in Hatteras, NC. The asking price is $850,000. For more information, contact Tommy Drew, S.L. Nusbaum Realty Co., 1000 Bank of America Center, One Commercial Place, Norfolk, VA 23510; 757-640-5424, Fax 757640-9494; Email: tdrew@slnusbaum.com. NAI Hanson negotiated the sale of Valley Mall Plaza, a 160,000 sq.ft. center situated on 11.52 acres along Chancellor Avenue in Irvington, NJ. Valley Mall Plaza, LLC acquired the property. The company represented both the buyer and seller in the transaction. For more information, contact Thomas W. Ryan or Barry J. Cohorsky, NAI Hanson, 235 Moore Street, Hackensack, NJ 07601; 201488-5800; Web site: www.naihanson.com. Franklin Street Real Estate Services is selling a 1.21-acre outlot located along U.S. Highway 92 in Auburndale, FL. Area retail includes Lowe’s Home Improvement, Walmart Supercenter, Chili’s, Taco Bell and Burger King. The asking price is $995,000. For more information, contact Brian Bern, Franklin Street Real Estate Services, 5420 Bay Center Drive, Suite 100, Tampa, FL 33609; 813-658-3355; Web site: www.franklinstreetfinancial.com. DM
Supermarket Chains Expand Nationwide (continued from page one)
Roundy’s Supermarkets operates 152 locations throughout MN and WI. The supermarkets occupy spaces of 65,000 sq.ft. to 80,000 sq.ft. in suburban and urban areas. Growth opportunities are sought under the Mariano’s Fresh Market trade name throughout the Chicago, IL metropolitan area during the coming 18 months, with representation by Witherell Real Estate. For more information, contact Andy Witherell, Witherell Real Estate, 850 West Jackson, Suite 701, Chicago, IL 60607; 773-991-4932; Email: andy@witherellrealestate.com; Web site: www.witherellrealestate.com. Koshan, Inc. trades as Payless Foods at nine locations throughout CA. The supermarkets occupy spaces of 25,000 sq.ft. in freestanding locations and power and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. For more information, contact Bijan Rodd, Koshan, Inc., 13658 Hawthorne Boulevard, Suite 400, Hawthorne, CA 90250; 310675-3000, Fax 310-675-0705; Email: bijanrodd@aol.com.
Grocery Outlet, Inc. trades as Grocery Outlet at 142 locations throughout AZ, northern CA, ID, NV, OR and WA. The discount supermarkets occupy spaces of 14,000 sq.ft. to 20,000 sq.ft. in freestanding locations and specialty, strip and value centers. Growth opportunities are sought throughout CA, OR and WA during the coming 18 months. Typical leases run five to 10 years. Preferred demographics include a population of 10,000 within three miles earning $50,000 as the average household income. Major competitors include Walmart Supercenter. A land area of two acres is required for freestanding locations. The company will also consider acquiring sites. For more information, contact Marc Drasin, Grocery Outlet, Inc., 2000 5th Street, Berkeley, CA 94710-1918; 510-704-2819, Fax 510-649-1484; Email: mdrasin@cfgo.com; Web site: www.groceryoutlets.com. Meijer, Inc. trades as Meijer at 185 locations throughout IL, IN, KY, MI and OH. The stores, featuring a full-service grocery department as well as apparel, automotive, home décor, health and beauty care, electronics and pet supply departments and a pharmacy, occupy spaces of 100,000 sq.ft. to 156,000 sq.ft. or
193,000 sq.ft. in freestanding locations and power centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. A land area of 15 to 25 acres is required for freestanding locations. For more information, contact Mike Kinstle, Meijer, Inc., 2929 Walker Avenue Northwest, Grand Rapids, MI 49544; 616453-6711, Fax 616-735-8887; Web site: www.meijer.com. Trader Joe’s operates 300 locations nationwide. The specialty grocery stores occupy spaces of 10,000 sq.ft. to 14,000 sq.ft. in freestanding locations and inline spaces of mixed-use, specialty and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months, with representation by IDS Real Estate Group. A land area of 1.75 acres is required for freestanding locations. Preferred demographics include a population of 100,000 within four miles. For more information, contact Silva Zeneian, IDS Real Estate Group, 515 South Figueroa Street, 16th Floor, Los Angeles, CA 90071; 213-347-6432, Fax 213-627-9937; Email: szeneian@idsrealestate.com; Web site: www.idsrealestate.com. DM
N R IO DE CT UN TRU NS CO
NORTHGATE VILLAGE REDEVELOPMENT $100 Million New Investment – One Mile (N.W.) D
TE
E PL M CO
CO NS UN TR DE UC R TI ON
CERNER CORPORATION EXPANSION $1 Billion New Investment
N R IO DE CT UN TRU S N CO D
TE
E PL M CO
NKC HOSPITAL – $237 Million New Investment NEW LIBRARY – $5 Million New Investment One-Half Mile (West) T R EN DE M UN LOP VE DE
HISTORIC DOWNTOWN
HARRAH’S – $350 Million New Investment
PREMIER MIXED-USE DEVELOPMENT OPPORTUNITY (50 ACRES +/-)
N 11 TIO 20 LE P M CO
CHRISTOPHER BOND BRIDGE & CORRIDOR $245 MILLION
$23 Million New Investment One-Half Mile (West)
City Led Redevelopment at Metro Kansas City’s Transportation Hub • Visibility to 130,000+ Vehicles Daily • Low Taxes, High Services, Incentives Available City-Owned Fiber Optic System • Excellent Access (five interstates within 3 miles) • Daytime Population 120,000 (3 mile radius) • Complete R.F.Q. at www.nkc.org North Kansas City Office of Economic Development • City Hall – 2010 Howell – North Kansas City, MO 64116 • 816-274-6040 • jjsamborski@nkc.org • www.nkc.org
www.dealmakers.net
The
Dealmakers
October 1, 2010
page 9
LOOKING FOR TENANTS?
The Worst Times Require The Best Talent Our 40+ Years Of Experience Can Help
We Generate Leasing Leads via Targeted Direct Mail
for shopping centers, office & medical bldgs.
ICSC Show 1978
Rolling Back Prices (714) 374-0222 www.tenantsbymail.com October 1, 2010
Taylor Long Properties (804-864-9788) negotiated a lease with Imagination Enterprises, Inc. for a 1,775 sq.ft. Sweet Frog along West Cary Street in Richmond, VA. The company also negotiated a lease with CRIMA Corp. for a 2,000 sq.ft. One Price Cleaners at Laburnum Park Shopping Center in Richmond, VA. The company also negotiated a lease with VPP 4, LLC for a 3,500 sq.ft. CiCi’s Pizza at Patriot Plaza Shopping Center in Williamsburg, VA. The company also negotiated a lease with STS Fitness, LLC for a 4,200 sq.ft. Anytime Fitness at Courthouse Place Shopping Center in Richmond, VA. The Rotella Group, Inc. (954-568-9015) negotiated the following leases with Dollar Tree throughout FL: at Nassau Square in Palm Beach County; at The Fountains, Midway Plaza, Shenandoah Square and Southland Shopping Center in Broward County and at the Intracoastal Mall, Kendale Lakes Plaza, Kendall Plaza, Plaza Del Paraiso and Sawgrass Promenade in Miami-Dade County. The company represented the tenant in the transactions. Goodman Real Estate Services Group, LLC (216-381-8200) negotiated the following leases at Plaza at SouthPark, a 321,000 sq.ft. center located in Strongsville, OH: with LaZ-Boy, Inc, Rockne’s, Samurai Japanese Steakhouse, Chick-fil-A, Sport Clips and Aspen Dental. The center is anchored by Costco, Best Buy, Bed Bath & Beyond, Petco, Ulta Beauty and Five Below. The company is the exclusive leasing agent for the center. Crosland, LLC (704-529-1166) signed the following leases at Richmond Centre, an 800,000 sq.ft. developement situated on 120 acres in Richmond, KY: with Sweets & Treats for 958 sq.ft.; with Subway for 1,199 sq.ft.; with Sprint for 1,490 sq.ft.; with The Children’s Place for 4,020 sq.ft., and with PetSmart for 15,304 sq.ft. Belk, JCPenney, Cinemark Theatre and Meijer anchor the center. Brenner Real Estate Group (954-596-5555) negotiated a lease with Beauty Careers Institute, Inc. for 14,200 sq.ft. at West Hollywood Shopping Center, located along South State Road in Hollywood, FL.
To 1978
page 10
Lease Signings
The
Cassidy Turley (513-421-4884) negotiated a 15-year lease with Planet Fitness for 14,000 sq.ft. at Patterson Place, located along Patterson Boulevard in Cincinnati, OH. The company represented the tenant in the transaction. Dealmakers
www.dealmakers.net
Robert K. Futterman & Associates (212-5993700) negotiated a lease with The Clothing Warehouse for 1,021 sq.ft. along Mulberry Street between Prince Street and Spring Street in Manhattan, NY. The company also negotiated a lease with Incognito Bistro for 4,880 sq.ft. at Flatiron 18, a retail building located along West 18th Street between Fifth Avenue and Sixth Avenue in New York, NY. The tenant will occupy 3,720 sq.ft. of ground floor space and 1,160 sq.ft. of basement space. Cotenants include Just Calm Down Spa. The company also negotiated a lease with The Frye Co. for 6,000 sq.ft. along Spring Street between Mercer Street and Greene Street in the SoHo area of New York, NY. Phillips International (212-951-3849) negotiated a lease with L.A. Fitness for 52,780 sq.ft. at Palm Springs Mile, a shopping center located along West 49th Street in Hialeah, FL. Cotenants at the center include T.J. Maxx, Ross Dress for Less, Toys “R” Us, Kohl’s, Office Depot, Old Navy, Muvico Entertainment, Winn-Dixie and Starbucks. Winick Realty Group, LLC (212-792-2600) negotiated a lease with Ovando for 1,000 sq.ft. along East 65th Street between Fifth Avenue and Madison Avenue in New York, NY. The company also negotiated a lease with Conway for 36,000 sq.ft. along Fulton Street in Brooklyn, NY. NAI Houston (713-629-0500) negotiated a lease with State Farm Insurance for 1,471 sq.ft. at Weslayan Plaza, located along Bissonnet Street in Houston, TX. The company represented the tenant and Regency Centers represented the landlord in the transaction. Berger-Epstein Associates, Inc. (610-4377070) negotiated a lease with Edward Jones & Co, LP for a 1,200 sq.ft. Edward Jones at The Shops at 3900 Hamilton Center, located at the intersection of Route 222/ Hamilton Boulevard and Highway 309/ Interstate 78 in Allentown, PA. Cotenants at the center include Talbots, Talbots Misses, Robbins Diamonds, Swartz Kitchen and Bath Showroom, Studio Two, The Paperbag, H&R Block and Sovereign Bank. Centro Properties Group (212-869-3000) signed a lease with Gold & Silver Buyers for 1,940 sq.ft. at Jones Plaza, located at the intersection of Jones Road and FM 1960 West in Houston, TX. The company also signed a lease with American Mattress for 5,000 sq.ft. at Southfield Plaza, located at the intersection of South Harlem Avenue/Route 43 and West 87th Street in Bridgeview, IL. DM
Lead Sheet Automotive Supplies Associates dba Sanel Auto Parts George Segal 129 Manchester Street Concord, NH 03301 603-225-4000, Fax 603-225-2484
Automotive The 36-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.
Jack Furrier’s Western Tire Centers dba Jack Furrier’s Tire & Auto Care and Desert Rat Truck Centers Jack Furrier 3545 South Richey Boulevard Tucson, AZ 85713-5432 520-748-1700, Fax 520-790-1136
Automotive The 20-unit chain operates locations throughout Phoenix and Tucson, AZ and Albuquerque, NM. The stores, offering automotive parts, accessories and services, occupy spaces of 6,000 sq.ft. to 10,000 sq.ft. in freestanding locations and specialty and strip centers. Plans call for one opening within Tucson, AZ during the coming 18 months.
Midas Realty Corp. dba Midas International Corp. Harry Hewitt 1300 Arlington Heights Road Itasca, IL 60143 Email: hhewitt@midas.com Web site: www.midasfran.com
Automotive The 2,500-unit chain operates locations nationwide and internationally. The automotive service centers occupy spaces of 4,500 sq.ft. to 6,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout CT, DE, FL, GA, MA, MD, ME, MI, NC, NH, NJ, NY, OH, PA, RI, SC, VA, VT, WV and Washington, DC during the coming 18 months. Typical leases run 20 years with options. Specific improvements are required. Preferred demographics include a population of 50,000 within three miles earning $40,000 as the average household income. A land area of 30,000 sq.ft. to 40,000 sq.ft. is required. The company prefers to locate in areas with high traffic counts and featuring prominent signage. Expansion is franchise-driven.
The Merrill Co./Arnold Motor Supply dba Arnold Motor Supply Dave Kimbell PO Box 320 Spencer, IA 51301 712-262-1141, Fax 712-262-1255
Automotive The 50-unit chain operates under seven different trade names throughout IA, IL, MN, MO and NE. The automotive service centers, offering parts and accessories, occupy spaces of 8,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months.
7-Eleven David Dunkelman c/o Colliers International 399 Market Street, 3rd Floor Philadelphia, PA 19106 215-925-4600, Fax 215-925-1040 Email: david.dunkelman@colliers.com
Convenience The 8,200-unit chain operates locations nationwide and throughout Canada. The convenience stores, some with gasoline facilities, occupy spaces of 2,500 sq.ft. to 3,000 sq.ft. in freestanding locations, corner locations, urban/downtown areas and encaps of shopping centers. Growth opportunities are sought throughout the Philadelphia, PA metropolitan area and southern NJ during the coming 18 months, with representation by Colliers International. The company prefers to locate in areas with strong visibility and a high daytime and residential population. Second-generation spaces are preferred.
Li’l General, Inc. dba Li’l General Roger Lapierre 571 Cumberland Hill Road Woonsocket, RI 02895 401-766-8240, Fax 401-767-3369
Convenience The nine-unit chain operates locations throughout MA and RI. The convenience stores occupy spaces of 2,500 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 30 years.
www.dealmakers.net
The
Dealmakers
October 1, 2010
page 11
Lead Sheet Stop-N-Go of Madison, Inc. dba Stop-N-Go Director of Real Estate 2934 Fish Hatchery Road Madison, WI 53713-5015 Email: bowmana@stop-n-go.com Web site: www.stop-n-go.com
Convenience The 34-unit chain operates locations throughout IL and WA. The convenience stores, with gasoline facilities, occupy spaces of 3,500 sq.ft. to 4,000 sq.ft. in freestanding locations. Limited growth opportunities are sought throughout northern IL and southern WI during the coming 18 months. Typical leases run 15 years with options. Specific improvements are required. Major competitors include Kwik Trip. A land area of one to 1.5 acres is required. The company is site-selective and prefers submittals to be sent via email.
Macy’s, Inc. dba Bloomingdale’s Carl Goertemoeller 7 West 7th Street Cincinnati, OH 45202 513-579-7666, Fax 513-579-7513 Web site: www.macysinc.com
Department Store The 41-unit chain operates locations throughout CA, FL, GA, IL, MA, MD, MN, NJ, NV, NY, PA and VA. The upscale department stores occupy spaces of 25,000 sq.ft. for outlet stores, 150,000 sq.ft. to 250,000 sq.ft. for full-line stores and 100,000 sq.ft. for stores in the company’s “Soho” concept. Plans call for four to five outlet openings, one Soho opening and one full-line opening throughout major metropolitan markets nationwide during the coming 12 months.
Stage Stores, Inc. dba Palais Royal, Stage, Bealls, Peebles and Goody’s Marion McDaniel 10201 South Main Street Houston, TX 77025 713-663-9810, Fax 713-663-9814 Email: mmcdaniel@stagestores.com Web site: www.stagestores.com
Department Store The 750-unit chain operates locations nationwide throughout 38 states. The stores, offering family apparel, shoes, accessories and cosmetics, occupy spaces of 10,000 sq.ft. to 25,000 sq.ft. in strip centers. Growth opportunities are sought nationwide during the coming 18 months. Typical leases run 10 years. Preferred cotenants include Walmart and grocery stores. Preferred demographics include a population of 25,000 within five miles earning $37,000 as the average household income. Major competitors include Belk, Dillard’s and JCPenney.
Prime Sites, Inc. dba Five & Dime General Store Daniel O’Grady 1660 South Bayshore Court, Suite 101 Coconut Grove, FL 33133 Email: dogrady@primesitesfl.com Web site: www.primesitesfl.com
General Merchandise The five-unit chain operates locations throughout San Diego, CA; Branson, MO; Santa Fe, NM and San Antonio, TX. The stores, offering general merchandise items, occupy spaces of 2,500 sq.ft. to 4,000 sq.ft. in tourist centers. Growth opportunities are sought nationwide during the coming 18 months. The company prefers to locate in high-traffic tourist areas and prefers site submittals to be sent via email.
Alive Health Centers dba Alive Health Center, Morning Sun Health Foods and Supplements Plus Alice Chung 2680 Shell Road, Unit 228 Richmond, British Columbia, Canada V6X 4C9 604-273-6266, Fax 604-273-6121
Health The 29-unit chain operates locations throughout Canada. The stores, offering health food items and supplements, occupy spaces of 800 sq.ft. in malls. Growth opportunities are sought throughout the existing market during the coming 18 months.
Wash Pro USA John Vassiliades c/o J. Vassiliades & Co. 806 Keystone Avenue River Forest, IL 60305 708-878-1020, Fax 708-366-4844 Email: john@laundrybroker.com Web site: www.laundrybroker.com
Laundromat The 40-unit chain operates locations throughout the Chicago, IL metropolitan area. The laundromats occupy spaces of 5,000 sq.ft. to 15,000 sq.ft. in freestanding locations and strip and value centers. Growth opportunities are sought throughout the existing market during the coming 18 months, with representation by J. Vassiliades & Co. Typical leases run 10 years with three, five-year options. A vanilla shell and specific improvements are required. Preferred demographics include a trade-area population earning up to $50,000 as the average household income. A land area of 12,000 sq.ft. to 50,000 sq.ft. is required for freestanding locations. The company prefers to locate in areas with a dense renter population.
page 12
October 1, 2010
The
Dealmakers
www.dealmakers.net
Lead Sheet Dr. Tavel Optical Group dba Dr. Tavel Family Eyecare, Premium Optical Co. and Vision Values Larry S. Tavel 2839 Lafayette Road Indianapolis, IN 46222-2147 317-924-1300 Ext. 100, Fax 317-924-3741 Web site: www.drtavel.com
Optical The 20-unit chain operates locations throughout IN. The eyecare centers occupy spaces of 1,200 sq.ft. to 1,600 sq.ft. in freestanding locations, malls and power and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. The company prefers to locate in sites with strong visibility and access and prominent signage.
Bare Feet Shoes Andi Pesacov c/o Michael Salove Co. 1700 Market Street, 17th Floor Philadelphia, PA 19103 215-568-2600 Ext. 23 Email: apesacov@salove.com Web site: www.salove.com
Shoes The 35-unit chain operates locations throughout FL, GA, IL, MD, NJ, PA, VA and WI. The stores, offering discounted footwear for men, women and children, occupy spaces of 8,000 sq.ft. to 21,000 sq.ft. in freestanding locations, enclosed regional malls and endcaps and inline spaces of grocery-anchored power centers. Growth opportunities are sought throughout Christiana and along Concord Pike/Route 202 in DE; northern NJ and PA during the coming 18 months, with representation by Michael Salove Co. Preferred cotenants include Marshalls, Ross Dress for Less and T.J. Maxx.
Charles David of California dba Charles David David Lann 5731 Buckingham Parkway Culver City, CA 90230 310-348-5050, Fax 310-342-6072 Email: david.lann@charlesdavid.com Web site: www.charlesdavid.com
Shoes The 24-unit chain operates locations throughout AZ, CA, FL, IL, MA, NJ, NY, PA and TX. The shoe stores occupy spaces of 1,200 sq.ft. to 1,600 sq.ft. in malls and lifestyle centers. Growth opportunities are sought nationwide during the coming 18 months. Typical leases run 10 years. Preferred cotenants include Ann Taylor, Banana Republic, BCBG, bebe, Bloomingdale’s, Donna Karen, Macy’s and Nordstrom.
Downtown Locker Room Laurie Mazzotta c/o Retail Strategies, Inc. 100 West Road, Suite 300 Baltimore, MD 21204 410-494-6500, Fax 410-783-8988 Email: lamazzotta@aol.com
Shoes/Apparel The 70-unit chain operates locations throughout GA, Chicago, IL; MD, NC, VA and Washington, DC. The stores, offering urban-inspired footwear and apparel, occupy spaces of 4,000 sq.ft. to 4,500 sq.ft. in malls and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months, with representation by Retail Strategies, Inc. A vanilla shell and tenant improvement allowance are required.
FastSigns International, Inc. dba FastSigns Ed Gruber 2542 Highlander Way Carrollton, TX 75006 972-447-0777, Fax 972-248-8201 Email: ed.gruber@fastsigns.com Web site: www.fastsigns.com
Signs The 560-unit chain operates locations nationwide and throughout Canada. The stores, offering signs and banners, occupy spaces of 1,200 sq.ft. to 1,800 sq.ft. in strip centers. Plans call for 40 openings throughout the existing markets during the coming 18 months. Typical leases run five years. A vanilla shell is required. Preferred cotenants include office supply stores and computer retailers. Major competitors include Sign-A-Rama and Signs Now. The company is franchising.
Angel Tips Nail Salon Jerry Small c/o Pliskin Realty & Development, Inc. 179 Westbury Avenue Carle Place, NY 11514 516-997-0100, Fax 516-997-7225 Email: jsmall@pliskinrealty.com Web site: www.pliskinrealty.com
Specialty The 63-unit chain operates locations throughout CT, NJ and NY. The nail salons occupy spaces of 1,500 sq.ft. to 2,200 sq.ft. in lifestyle, specialty and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months, with representation by Pliskin Realty & Development, Inc. Typical leases run 10 years. A vanilla shell and specific improvements are required. Preferred cotenants include supermarkets and drug stores. The company is franchising.
www.dealmakers.net
The
Dealmakers
October 1, 2010
page 13
Lead Sheet FedEx Office Anthony Campagni c/o Baum Realty Group 1030 West Chicago Avenue, Suite 200 Chicago, IL 60642 312-275-3105 Email: info@baumrealty.com Web site: www.fedex.com
Specialty The company operates locations nationwide and internationally. The stores, offering packaging and shipping services as well as related accessories and supplies, occupy spaces of 1,650 sq.ft. to 2,000 sq.ft. in freestanding locations and endcaps of strip centers. Growth opportunities are sought throughout Chicago, IL during the coming 18 months, with representation by Baum Realty Group.
Kidville, Inc. dba Kidville Ash Robinson 163 East 84th Street New York, NY 10028 858-794-0484, Fax 858-794-0398 Email: ash@kidville.com Web site: www.kidville.com
Specialty The 39-unit chain operates locations nationwide and internationally. The centers, offering developmental classes for young children and featuring an indoor playground, a retail boutique and a children’s salon, occupy spaces of 3,000 sq.ft. to 5,000 sq.ft. in strip centers. Growth opportunities are sought nationwide during the coming 18 months. Major competitors include Gymboree, Little Gym and My Gym.
Rip Curl Mike Rielly c/o Townsend & Associates 914 Westwood Boulevard, Suite 550 Los Angeles, CA 90024 310-286-9945, Fax 310-861-0849 Email: mrielly@townsendassociates.com
Specialty The 12-unit chain operates locations throughout CA, FL and HI. The surf shops occupy spaces of 2,000 sq.ft. to 3,500 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months, with representation by Townsend & Associates.
Nebraska Sporting Goods Roger Brachen PO Box 509 Fremont, NE 68026 402-721-6040, Fax 402-721-4647
Sporting Goods The seven-unit chain operates locations throughout NE. The sporting goods stores occupy spaces of 3,000 sq.ft. to 5,000 sq.ft. in freestanding locations and malls. Growth opportunities are sought throughout the existing market, as well as KS, during the coming 18 months. Typical leases run three to five years.
ZAP Gary Starr 501 4th Street Santa Rosa, CA 95401 707-525-8658, Fax 707-525-8692 Email: gstarr@zapworld.com Web site: www.zapworld.com
Sporting Goods The four-unit chain operates locations throughout CA. The stores, offering electric vehicles, occupy spaces of 6,000 sq.ft. to 21,000 sq.ft. in motorcycle shops and automotive dealerships. Growth opportunities are sought nationwide during the coming 18 months.
The preceding leads have been verified by calls made to or written submittals from the respective retailers during the weeks prior to publication. Since the majority of chains featured in Lead Sheet are small in size, some changes in their expansion plans should be expected. To be included in an upcoming issue, just fax a note or call us with the details. Our fax number is (609-587-3511) and you can reach us by phone at (609-587-6200) or email at ann@dealmakers.net. page 14
October 1, 2010
The
Dealmakers
www.dealmakers.net
Space Place
FO
R LE
AS
E
FOR
FOR
E
LEAS
E
LEAS
FOR LEASE
Alabama
Alabama
Connecticut
Andalusia – Western Bypass, an 81,865 sq.ft. strip center situated on 11.5 acres at the intersection of U.S. Highway 29 Bypass and Prestwood Bridge Road, has a 26,390 sq.ft. space available. Marvin’s Building Materials and Tractor Supply Co. anchor the center. Area demographics include a population of 18,773 within 10 miles earning $44,145 as the average household income. The average daily traffic count is 16,210 vehicles. The asking rent is $6 psf NNN with CAM of $0.60 psf and taxes of $0.25 psf. Greenville – Interstate Plaza, a 56,003 sq.ft. strip center situated on 6.6 acres along Interstate Drive, has spaces available of 975 sq.ft.; 6,480 sq.ft. and 18,810 sq.ft. Tractor Supply Co., Marvin’s Building Materials, CitiTrends, Alltel and Merle Norman anchor the center. Area retail includes Walmart Supercenter, Cato, Shoe Show, Verizon Wireless and Rent-A-Center. Area demographics include a population of 13,553 within 10 miles earning $41,685 as the average household income. The average daily traffic count is 27,840 vehicles. For details, contact Lindsey Permenter, COMVEST Properties, LLC, 286 Beauvoir Road, Suite 200, Biloxi, MS 39531; 228-594-3400, Fax 228-594-3401; Email: lpermenter@comvest.net; Web site: www.comvest.net.
McClinton & Co., Inc., 3140 Zelda Court, Montgomery, AL 36106; 334270-9653, Fax 334-270-9811; Email: mcclintond@mcclintonco.com; Web site: www.mcclintonco.com.
earning $74,462 as the average household income. The average daily traffic count is 33,200 vehicles. For details, contact Dan Johnson, MJB Real Estate Services Corp.; 203-3060222 Ext. 13, Fax 203-222-6202; Email: djohnson@mjbcorp.com; Web site: www.mjbcorp.com. For additional details regarding the Cromwell property, contact Mark Brockwell; 203-222-6200 Ext. 11; Email: mjbrockwell@mjbcorp.com.
Decatur – Decatur Commons, a 135,673 sq.ft. strip center located along Beltline Highway, has a 20,000 sq.ft. space available. Publix, Petco and Burkes anchor the center. Cotenants include Palm Beach Tan, Quiznos, Sally Beauty Supply, EBGames, Cuts By Us, Kyoto Japanese Steakhouse and Rent-ACenter. Area retail includes T.J. Maxx, BooksA-Million, Office Depot, Dillard’s, Belk and JCPenney. Area demographics include a population of 86,511 within 10 miles earning $56,118 as the average household income. The average daily traffic count is 37,820 vehicles. Montgomery – Festival Plaza, a 130,000 sq.ft. specialty center located at the intersection of Vaughn Road and Taylor Road, has spaces available of 2,200 sq.ft. and 2,800 sq.ft. along with outlots of 25,000 sq.ft. and 40,000 sq.ft. Rave Motion Pictures anchors the center and cotenants include Mellow Mushroom, The Locker Room Clothiers, Marble Slab Creamery, Buffalo Wild Wings and Mickleboro’s Fine Jewelers. Area retail includes Dillard’s, Publix, Stein Mart, Kohl’s, Target and Walmart. Area demographics include a population of 100,643 within five miles earning $69,280 as the average household income. The average daily traffic count is 60,000 vehicles. For details, contact David McClinton,
California Sylmar – A shopping center located along Foothill Boulevard has spaces available from 5,000 sq.ft. to 20,000 sq.ft. Vons anchors the center and cotenants include Chase Bank, Sally Beauty Supply, Payless ShoeSource and World Gym. Area demographics include a population of 294,190 within five miles earning $70,924 as the average household income. Ventura – Northbank Plaza, located at the intersection of North Bank Drive and Johnson Drive, has a 5,000 sq.ft. former Wells Fargo available. Century Theatres anchors the center and cotenants include Domino’s Pizza, Cold Stone Creamery and Subway. Area demographics include a population of 107,217 within three miles earning $83,289 as the average household income. The average daily traffic count is 23,000 vehicles. For details regarding the Sylmar property, contact Todd Nathanson, Erick Marchena or Mark Chase, illi Commercial Real Estate, 17547 Ventura Boulevard, Suite 304, Encino, CA 91316; 818-501-2212 Ext. 101/103/107, Fax 818-501-2202; Emails: todd@illicre.com, erick@illicre.com and mark@illicre.com; Web site: www.illicre.com. For details regarding the Ventura property, contact Todd Nathanson, Danny Raffle or Jeffrey Shore, 818-501-2212 Ext. 102/ 105; Emails: danny@illicre.com and jeffrey@illicre.com.
Connecticut Cromwell – A shopping center located along Berlin Road has spaces available of 1,700 sq.ft.; 4,000 sq.ft. and 4,300 sq.ft. along with a divisible 3,000 sq.ft. pad site. Area retail includes McDonald’s, Walmart, BaskinRobbins and Subway. Area demographics include a population of 445,803 within 10 miles earning $73,812 as the average household income. The average daily traffic count is 16,400 vehicles. Hamden – A shopping center located along Dixwell Avenue has a 2,100 sq.ft. space available along with a 3,600 sq.ft. restaurant space and divisible spaces of 12,000 sq.ft. and 34,380 sq.ft. Shaw’s anchors the center and cotenants include Marshalls, dressbarn and Panera Bread. Area demographics include a population of 487,071 within 10 miles www.dealmakers.net
The
Florida Brandon – Plaza at Brandon Town Center, located along Brandon Town Center Drive, has spaces available from 1,250 sq.ft. to 15,000 sq.ft. Target, Bed Bath & Beyond, American Signature Furniture and Ross Dress for Less anchor the center. Cotenants include Casual Male Big & Tall, EBGames, Honey Baked Ham, Lifeway Christian Center, Mattress Firm, Men’s Wearhouse, Party City, Payless ShoeSource, Piano Distributors, The Vitamin Shoppe and Yankee Candle. Area retail includes Brandon Town Center Mall. Area demographics include a population of within three miles earning $66,000 as the average household income. The average daily traffic count is 82,000 vehicles. Clearwater – Highlands Shopping Center, located along North Highland Avenue, has spaces available from 830 sq.ft. to 3,600 sq.ft. Walmart Neighborhood Market anchors the center. Area retail includes Sweetbay Supermarket, CVS, Dollar General, Bumper to Bumper Auto Parts, Amscot, Jackson Hewitt Tax Service and Checkers. Area demographics include a population of 215,000 within five miles earning $60,000 as the average household income. For details, contact Brian Bern, Franklin Street Real Estate Services, 5420 Bay Center Drive, Suite 100, Tampa, FL 33609; 813-658-3343; Web site: www.franklinstreetfinancial.com. Coconut Creek – Icon Center, a 7,250 sq.ft. strip center located along Regency Lakes Boulevard, has spaces available of 1,170 sq.ft. and 4,780 sq.ft. Cotenants include Big Al’s Steaks. Area retail includes Publix, Walgreens, Kohl’s, Walmart and BJ’s Wholesale Club. Area demographics include a population of 295,724 within five miles earning $79,067 as the average household income. The average daily traffic count is 55,500 vehicles. The asking rent is $15 psf with CAM of $5 psf and taxes of $6 psf. For details, contact Bill Pace, The Rotella Group, Inc., 3300 North Federal
Dealmakers
(continued on page sixteen) October 1, 2010
page 15
FO
R LE
AS
E
FOR
FOR
E
LEAS
E
LEAS
FOR LEASE
Space Place Florida
(continued from page fifteen)
Highway, Suite 200, Ft. Lauderdale, FL 33306; 954-568-9015, Fax 954-568-9597; Email: wrp@rotellagroup.com; Web site: www.rotellagroup.com. Ft. Lauderdale – Bal Harbour Square, located along North Federal Highway between Oakland Park Boulevard and Sunrise Boulevard, has space available. Area demographics include a population of 355,531 within five miles earning $64,739 as the average household income. The average daily traffic count is 50,000 vehicles. Pembroke Pines – Pembroke Lakes Square, a 250,000 sq.ft. center located at the intersection of Pines Boulevard and Hiatus Road, has space available. Area retail includes Pembroke Lakes Regional Mall. Area demographics include a population of 349,995 within five miles earning $69,917 as the average household income. The average daily traffic count is 80,000 vehicles. West Palm Beach – Pine Trail Square, a 275,000 sq.ft. center located at the intersection of Military Trail and Okeechobee Road, has space available. Cotenants include Skechers, Anna’s Linens, Petco, LA Fitness, Marshalls, McDonald’s, Bank of America, Applebee’s and TD Bank. Area demographics include a population of 221,399 within five miles earning $60,902 as the average household income. The average daily traffic count is 120,867 vehicles. For details, contact A. Michael Toroyan, Retail Property Group, 101 Plaza Real, Suite 200, Boca Raton, FL 33432; 561-961-1741; Email: leasing@rpg123.com. Juno Beach – Plaza La Mer, an 81,006 sq.ft. center located at the intersection of U.S. Highway 1 and Donald Ross Road, has space available. Tire Kingdom anchors the center and cotenants include Dunkin’ Donuts, Loggerhead Fitness, Seagull Hardware, Native Yoga, Murphy Bed Centers, Sunny Nails, La Mer Cleaners, Kirby’s Pub, Ground Swell Surf Shop, County Line Pizza, Terri’s Shoe Repair, Running Sports and Wags and Whiskers. Area demographics include a population of 96,922 within five miles earning $100,268 as the average household income. The average daily traffic count is 45,105 vehicles. Kendall – London Square, a 450,000 sq.ft. center located at the intersection of Southwest 137th Avenue and Southwest 120th Street, has space available. Costco shadow-anchors the center and cotenants include T.J. Maxx, Ross Dress for Less, HomeGoods, Party City, Dollar Tree, Anna’s Linens, Sears Home Appliance, page 16
October 1, 2010
The
Florida
Illinois
Ace Hardware, Famous Footwear, Payless ShoeSource, Sergio’s Family Restaurant, Starbucks, GameStop, AT&T Mobility, Tropical Smoothie Café, Five Guys Famous Burgers and Fries, Panda Express, Mattress Giant, Yogen Fruz, Panchero’s Mexican Grill, Wachovia Bank, Citibank, Plato’s Closet and Trattoria Dolce Vita. Area demographics include a population of 373,988 within five miles earning $72,587 as the average household income. The average daily traffic count is 70,000 vehicles. Lake Worth – Pinewood Square, located at the intersection of Lantana Road and Jog Road, has space available. T.J. Maxx/HomeGoods and Ross Dress for Less anchor the center. Area demographics include a population of 266,427 within five miles earning $64,173 as the average household income. The average daily traffic count is 66,442 vehicles. For details regarding the Juno Beach property, contact Bobby Albino, Woolbright Development; 561-625-8155; Email: balbino@woolbright.net; Web site: www.woolbright.net. For details regarding the Kendall property, contact Anahi Quino; 305-255-3433; Email: aquino@woolbright.net. For details regarding the Lake Worth property, contact Jennifer McNeil; 561-4340411; Email: jmcneil@woolbright.net.
Crystal Lake – Crystal Court, a strip center, has a 68,000 sq.ft. space available. For details, contact Richard Kahan, KB Real Estate, 5625 Northwest Highway, Crystal Lake, IL 60014; 847-441-4425; Email: rkahan@kbrealestate.com.
Margate – Shoppes at Margate, a 52,758 sq.ft. neighborhood strip center located at the intersection of Southgate Boulevard and South State Road 7, has spaces available from 1,500 sq.ft. to 6,000 sq.ft. Cotenants include Procuts Hair Salon and McKenzie Check Cashing. Area demographics include a population of 390,303 within five miles earning $63,955 as the average household income. For details, contact Charles Hirsch, Milbrook Properties, Ltd., 42 Bayview Avenue, Manhasset, NY 11030; 954341-4000, Fax 516-869-8576; Email: chirsch@milbrookproperties.com; Web site: www.milbrookproperties.com. Orlando – Orlando Fashion Square, located along East Colonial Drive, has spaces available from 514 sq.ft. to 10,000 sq.ft. along with kiosks from 50 sq.ft. Cotenants include Macy’s, Dillard’s, JCPenney, Sears, Premiere Cinema 14, Panera Bread, Red Star Tavern, Planet Fitness, Hot Kiss, Beya, Shakeout and Barnie’s Coffee & Tea Co. For details, contact Whitaker Leonhardt, Crossman & Co., 3333 South Orange Avenue, Orlando, FL 32806; 407-581-6238; Email: wleonhardt@crossmanco.com; Web site: www.crossmanco.com.
Dealmakers
www.dealmakers.net
Hodgkins – The Quarry, located at the intersection of Joliet Road and LaGrange Road, has spaces available from 1,600 sq.ft. to 6,560 sq.ft. Area demographics include a population of 247,551 within five miles earning $95,269 as the average household income. The average daily traffic count is 51,000 vehicles. For details, contact Liz Krebs, Mid-America Asset Management, Inc., One Parkview Plaza, 9th Floor, Oakbrook Terrace, IL 601814713; 630-954-7362, Fax 630-954-7304; Email: lkrebs@midamericagrp.com; Web site: www.midamericagrp.com. Lisle – College Square, a 37,432 sq.ft. center, has a 1,300 sq.ft. space available. Area demographics include a population of 259,013 within five miles earning $101,536 as the average household income. For details, contact Mark Butler, Butler Partners, 100 East Ogden Avenue, Suite 200, Westmont, IL 60559; 630-789-5000; Email: markbutler1@sbcglobal.net; Web site: www.butlerpartners.net. Rockford – Harrison Market Plaza, a 12,239 sq.ft. strip center situated on a land area of 58,500 sq.ft. at the intersection of Wendy Lane and Columbia Parkway, has spaces available of 1,000 sq.ft. and 4,300 sq.ft. Macciano’s anchors the center and cotenants include Captain’s Pub Bar/Grill. Area retail includes CherryVale Mall. Area demographics include a population of 261,749 within 10 miles earning $42,000 as the median household income. The average daily traffic count is 27,000 vehicles. The asking rent is $16.75 psf with CAM of $2.07 psf and taxes of $2.12 psf. For details, contact Ron Clewer, William Charles Real Estate, 1401 North 2nd Street, Rockford, IL 61107; 815963-7473, Fax 815-963-7415; Email: rclewer@williamcharles.com; Web site: www.williamcharlesrealestate.com. Vernon Hills – Hawthorn Hills Square, a 209,000 sq.ft. center located at the intersection of North Milwaukee Avenue and Route 60, has spaces available from 1,500 sq.ft. to 7,664 sq.ft. along with an outlot. Dick’s Sporting Goods and a future PetSmart anchor the center. Cotenants include
Space Place
FO
R LE
AS
E
FOR
FOR
E
LEAS
E
LEAS
FOR LEASE
Illinois
Massachusetts
Michigan
FastSigns, Palumbo Dry Cleaners, Omaha Steaks, Fireplace Plus, Dunkin’ Donuts, Men’s Wearhouse, David’s Bridal, Party City, Uzma’s Threading Place, First Spa Nails, Scott’s Headquarters, Peacock Restaurant, Panera Bread, Great Clips, Chuck E. Cheese’s, Subway, O’Reilly Furniture, Family Christian Stores, Potbelly’s, GameStop, Fast Frame, Jamba Juice, KFC, McDonald’s, Citicorp and IHOP. Area retail includes Hawthorn Center Mall, featuring Sears, JCPenney, Macy’s and Carson Pirie Scott. Area demographics include a population of 614,134 within 10 miles earning $115,724 as the average household income. The average daily traffic count is 67,000 vehicles. For details, contact Chase Properties, Ltd., 3333 Richmond Road, Suite 320, Beachwood, OH 44122; 216-4646626, Fax 216-464-6346; Web site: www.chaseprop.com.
center, has a 6,000 sq.ft. former UNO Chicago Grill available. Macy’s, Sears, Marshalls and Best Buy anchor the center. Area retail includes Dick’s Sporting Goods, Lowe’s Home Improvement, Toys “R” Us, Walmart, Texas Roadhouse, Old Country Buffet and Dunkin’ Donuts. Area demographics include a population of 167,152 within five miles earning $82,919 as the average household income. The average daily traffic count is 130,000 vehicles. Natick – A 9,000 sq.ft. strip center located along Route 9/Worcester Road has a 2,700 sq.ft. space available. Area retail includes Designer Consignor and Kid To Kid. Area demographics include a population of 134,002 within five miles earning $130,116 as the average household income. The average daily traffic count is 60,000 vehicles. For details, contact Mark Shair, M&J Associates, Inc., 120 Wells Avenue, Newton, MA 02459; 617-630-4988; Email: mshair123@msn.com.
For details regarding the Canton property, contact JB Bernard, Lormax Stern Development Co.; 248-737-4041; Email: bernard@lormaxstern.com. For details regarding the Novi property, contact Charles House or Richard Kerwin; 248737-7110; Emails: house@lormaxstern. com and kerwin@lormaxstern.com. For details regarding the Taylor property, contact Charles House.
Indiana Charlestown – Charlestown Crossing, a 27,000 sq.ft. strip center located at the intersection of Highway 403 and Highway 160, has spaces available of 1,202 sq.ft.; 1,733 sq.ft. and 3,687 sq.ft. Jay C Food Store anchors the center and cotenants include True Colors Tanning, Little Caesar’s, Taco Bell and O’Reilly Auto Parts. Area retail includes Rite Aid. Area demographics include a population of 14,577 within five miles earning $51,532 as the median household income. The asking rent is $17 psf with CAM of $3.50 psf. For details, contact Jim Conklin, The Swiss Group, 11590 North Meridian Street, Suite 100, Carmel, IN 46032; 317-816-9270; Email: jconklin@swissgroup.com; Web site: www.swissgroup.com.
Massachusetts Acton – Acton Woods Plaza, a 45,000 sq.ft. strip center located at the intersection of Route 27 and Route 2A, has spaces available from 1,600 sq.ft. to 4,600 sq.ft. Cotenants include CVS, Enterprise Bank, Bank of America, Cambridgewear, KoKo Fit Club, The Woolpack, Jo-Karen Lingerie, Olsen Jewelry, Café Ziba, Po’s BBQ, Kitchen Outfitters, Quick Cuts, Verizon Wireless, Affordable Cleaners and First Carpet. Area demographics include a population of 56,306 within five miles earning $138,361 as the median household income. The average daily traffic count is 30,000 vehicles. Brockton – Westgate Mall, a 700,000 sq.ft.
Michigan Canton – Crossroads Village, a 310,000 sq.ft. center located at the intersection of Michigan Avenue and Beck Road, has space available. Target, Kohl’s, PetSmart and Old Navy anchor the center. Cotenants include Bath & Body Works. Area demographics include a population of 452,663 within 10 miles earning $71,986 as the average household income. Novi – City Center Plaza, a 41,339 sq.ft. center located at the intersection of Novi Road and Grand River, has spaces available from 1,572 sq.ft. to 3,144 sq.ft. Cotenants include Panera Bread, Identity Hair Salon, Scottrade, Tradewind Spa, Rasa Yoga and Novi Jewelers. Area demographics include a population of 50,425 within three miles earning $115,295 as the average household income. The average daily traffic count is 47,000 vehicles. Taylor – Burlington Square, a 233,542 sq.ft. center located at the intersection of Eureka Road and Racho Road, has spaces available from 1,000 sq.ft. to 27,000 sq.ft. Burlington Coat Factory and Star Theater anchor the center. Cotenants include Shoe Carnival, Leslie’s Pool Supply, Catherines, Weight Watchers, Sally Beauty Supply, Deb Shops, New York Coney, Trainco, Rent-A-Center, GameStop, Co-Op Optical and Perani’s Hockey World. Area retail includes Southland Mall, featuring Macy’s, JCPenney and Best Buy. Area demographics include a population of 172,779 within five miles earning $61,260 as the average household income. www.dealmakers.net
The
New Jersey Bayonne – A 4,725 sq.ft. freestanding building located at the intersection of Broadway and East 23rd Street is available. Area retail includes KFC, Sleepy’s, McDonald’s, Foot Locker, Dunkin’ Donuts, RadioShack and Walgreens. Area demographics include a population of 506,032 within five miles earning $70,551 as the average household income. Hacketstown – An 18,000 sq.ft. freestanding building situated on 1.68 acres at the intersection of Mountain Avenue and Route 57 is available. Area retail includes Rite Aid, Wendy’s, ShopRite, Marshalls, Applebee’s, Lowe’s Home Improvement, Staples and Dunkin’ Donuts. Area demographics include a population of 136,055 within five miles earning $97,863 as the average household income. Paramus – A 30,000 sq.ft. freestanding former CompUSA located at the intersection of Route 17 and A&S Drive is available. Area retail includes Staples, T.J. Maxx, Lord & Taylor, West Elm, Home Depot and Crate & Barrel. Area demographics include a population of 392,513 within five miles earning $103,715 as the average household income. The average daily traffic count is 150,000 vehicles. Ramsey – A 5,300 sq.ft. freestanding building situated on 0.83 acres at the intersection of Franklin Turnpike and Lake Street is available. Area retail includes Petco, Michaels, T.J. Maxx, HSBC Bank, CVS, T.G.I. Friday’s and Starbucks. Area demographics include a population of 153,716 within five miles earning $130,996 as the average household income. Red Bank – A 5,300 sq.ft. mixed-use space located at the intersection of Front Street and Broad Street is available. Area retail includes Urban Outfitters, Chase Bank, Starbucks, The Bistro at Red Bank, Staples, Coco Pari, Tiffany & Co., Brooks Bros., Williams-Sonoma and Anthropologie. Area demographics include a population of 135,048 within five miles earning $100,602 as the average household income. For details regarding the Bayonne property,
Dealmakers
(continued on page eighteen) October 1, 2010
page 17
FO
R LE
AS
E
FOR
FOR
E
LEAS
E
LEAS
FOR LEASE
Space Place New Jersey
(continued from page seventeen)
contact Lew Finkelstein, The Goldstein Group, 45 Eisenhower Drive, Paramus, NJ 07652; 201-703-9700, Fax 201-703-9678; Web site: www.thegoldsteingroup.com. For details regarding the Hacketstown property, contact Curtis Nassau. For details regarding the Paramus property, contact Chuck Lanyard. For details regarding the Ramsey property, contact CJ Hunter. For details regarding the Red Bank property, contact Mark Handwerker. Voorhees – Eagle Plaza, located at the intersection of Haddonfield-Berlin Road/ Route 561 and White Horse Road, has spaces available from 1,200 sq.ft. to 11,415 sq.ft. Cotenants include Acme, Ross Dress for Less, Office Depot, McDonald’s, Rite Aid, Five Guys Famous Burgers and Fries, Hand & Stone Massage and Facial Spa and Akira Japanese Restaurant. Area retail includes Target, Bally Total Fitness, Ritz Theatre, Applebee’s, Wendy’s, FedEx Office, Panera Bread and Baja Fresh. The average daily traffic count is 52,000 vehicles. For details, contact David Dunkelman or Craig Sherby, Colliers International, 399 Market Street, 3rd Floor, Philadelphia, PA 19106; 215-928-7542/7537, Fax 215-9251040; Emails: david.dunkelman@colliers.com and craig.sherby@colliers.com; Web site: www.colliers.com.
New York New York – A 6,200 sq.ft. corner building located in the SoHo area is available. Area retail includes Lucky Brand Jeans, Burberry, CB2, Diesel and Bose. For details, contact David Zar, Zar Property NY, 49 West 37th Street, New York, NY 10018; 212-944-7979, Fax 212-730-1780; Email: david@zarpropertyny.com; Web site: www.zarpropertyny.com. Poughkeepsie – Hudson Plaza, a 320,000 sq.ft. center situated on 25 acres at the intersection of U.S. Route 9/South Road and Beechwood Avenue in Poughkeepsie, NY, has spaces available from 900 sq.ft. to 9,700 sq.ft. Price Chopper and T.J. Maxx anchor the center. Cotenants include Fashion Bug, Catherines, Pizza Hut, Mavis, Dollar Tree, Millspaugh Furniture and TD North Bank. Area retail includes Toys “R” Us, Stop & Shop, Barnes & Noble, Pier 1 Imports, Office Depot, IHOP, Friendly’s, Michaels, Starbucks and Eastern Mountain Sports. Area demographics include a population of 135,217 within seven miles earning page 18
October 1, 2010
The
New York
Ohio
$77,432 as the average household income. The average daily traffic count is 63,300 vehicles. The asking rent is $14.50 psf for the 9,700 sq.ft. space and $17.50 psf NNN for the remaining spaces, with CAM of $1.95 psf and taxes of $2 psf. For details, contact CR Properties Group, LLC, 295 Main Street, Poughkeepsie, NY 12601; 845-485-3100, Fax 845-485-4787; Web site: www.crproperties.com.
Fairborn – University Shoppes II, a 15,016 sq.ft. strip center located along Center Park Drive, has a 1,568 sq.ft. space available. Nebraska Books anchors the center and cotenants include Quiznos, Tik’s Thai Express and Bill’s Clock Shop. Area retail includes Meijer and Lowe’s Home Improvement. Area demographics include a population of 430,215 within 10 miles earning $63,169 as the average household income. The asking rent is $18 psf with CAM of $3.03 psf and taxes of $3.03 psf. Kettering – Shroyer Commons, an 8,000 sq.ft. strip center situated on one acre along Irving Avenue, has a 1,000 sq.ft. space available. LA Tan anchors the center and cotenants include Papa John’s and Macy Nails Salon. Area demographics include a population of 550,150 within 10 miles earning $64,399 as the average household income. The average daily traffic count is 27,105 vehicles. The asking rent is $15 psf with CAM of $1.75 psf and taxes of $5.18 psf. Pickerington – Shoppes on the Parkway, a 15,889 sq.ft. strip center situated on three acres at the intersection of Clint Drive and Hill Road North, has an 1,896 sq.ft. space available. CiCi’s Pizza anchors the center. Cotenants include Sport Clips and Heartland Dental. Area retail includes Kohl’s, Skyline Chili and Graeter’s Ice Cream. Area demographics include a population of 367,411 within 10 miles earning $70,742 as the average household income. The average daily traffic count is 42,070 vehicles. The asking rent is $17.50 psf with CAM of $1.84 psf and taxes of $2.13 psf. For details, contact Juan Muzquiz, Investment Realty Resources, PO Box 308, Middletown, OH 45042; 513-424-8106, Fax 614-559-6740; Email: jmuzquiz@ccim.net.
White Plains – A 2,679 sq.ft. space with a 1,300 sq.ft. basement located along Mamaroneck Avenue is available. Area retail includes Target and DSW. Area demographics include a population of 763,637 within 10 miles earning $117,411 as the median household income. Yonkers – A 2,800 sq.ft. former WaMu located along McLean Avenue is available. Area retail includes Mandee and Rory Dolan’s Restaurant, Bar & Caterers. Area demographics include a population of 1.343 million within five miles earning $43,398 as the median household income. For details, contact Jordan Cohn, Northwest Atlantic Real Estate Services; 914-3282222; Email: jordan@nwatlantic.com. For additional details regarding the White Plains property, contact David Firestein.
North Carolina Elizabeth City – Tanglewood Village, located at the intersection of Highway 17 Bypass and Halstead Boulevard Extension, has spaces available of 2,372 sq.ft.; 2,526 sq.ft. and 3,822 sq.ft. Walmart Supercenter shadowanchors the center. Cotenants include Petsen$e and Verizon Wireless. Trade-area demographics include a population of 98,109 earning $47,864 as the average household income. Roanoke Rapids – Premier Landing, a 600,000 sq.ft. center located at the intersection of Interstate 95 and Highway 158, has a 3,600 sq.ft. space available along with a 1.28-acre outlot. Walmart Supercenter and Belk anchor the center. Cotenants include Verizon Wireless, The Athlete’s Foot, Cato, Dollar Tree, CiCi’s Pizza and Starbucks. Area demographics include a population of 39,547 within 10 miles earning $34,770 as the average household income. For details, contact Eric Stanley, Thalhimer Commercial Real Estate, Westmoreland Building, 5700 Cleveland Street, Suite 400, Virginia Beach, VA 23462; 757-499-2739; Email: eric.stanley@thalhimer.com. For additional details regarding the Roanoke Rapids property, contact Ed Kimple; 757-2134155; Email: ed.kimple@thalhimer.com.
Dealmakers
www.dealmakers.net
Pennsylvania York – Eastern Boulevard Plaza, a 60,358 sq.ft. strip center, has a 1,200 sq.ft. space available. Wine & Spirits and Rite Aid anchor the center. Cotenants include Yorktowne Cabinets, Inc. and Petco. Area retail includes York Galleria Mall, York Towne Center, Walmart, Target, Home Depot, Lowe’s Home Improvement, Giant, Weis, Village Green Shopping Center and Kingston Square. The average daily traffic count is 26,209 vehicles. The asking rent is $14 psf with CAM of $1.76 psf. For details, contact Alicia Miller, ROCK Commercial Real Estate, 221 West Philadelphia Street, Suite 19, York, PA 17401; 717-854-5357, Fax 717-854-5367; Email: amiller@rockrealestate.net; Web site: www.rockrealestate.net. (continued on page twenty)
Over 6,000
retailers lOOking fOr lOcatiOns How accurate is the information? Online information is updated daily. The CD-ROM is burned the day of your order. All listings are verified by phone, mail or fax with the retailer and updated in the past nine months. What types of chains are in TenantSearch? TenantSearch includes national and regional chains in addition to local chains with 60+ types of retail uses. Can the info be used with other software? All information on the CD-ROM can be exported into Excel, ACT, Access and Ascii. All information from searches online can be saved to your hard drive. Do I need any other software? You can use TenantSearch’s self-loading CD-ROM to print reports, labels and letters; look up by name, use, store size, etc., plus you can save searches. You can use any Web browser online, access up-todate information, print letters and save searches. Get the details on over 6,000 retailers. TenantSearch provides: Contact Name for Director of Real Estate or Tenant Rep; Parent Company; Trade Name(s); Address; Phone; Fax; Email; Web site; Number of Stores in the Chain; States where the stores operate; Projected store openings in the next 18 months; States of interest for new sites; description of merchandise; Customer profile and competition; Demographic requirements; Preferred type of site; Lease terms; Preferred cotenants.
Try a Demo to See for Yourself How Easy TenantSearch is to Use! Just call us for a demo on CD-Rom or go online at www.tenantsearch.com
Daily Email Alerts Retailer expansion plans are updated daily and TenantSearch users receive 5 to 25 leads daily via email for online users. TenantSearch matches ideal tenants to your site. Simply plug in the parameters of your retail property and retail uses you desire, and within seconds you’ll have a list of prospective tenants for your location.
Call 1-800-732-5856 or visit our website at www.tenantsearch.com
ORDER NOW!
Fax your order to: (609-587-3511)
Mail your order to: PO Box 2630 Mercerville, NJ 08690 National Edition (approx. 6,000 leads)
$589 (CD-ROM) $369 (Online) $369 (Hardcopy) $689 (Online & CD-ROM) Regional Edition (approx. 2,500 leads per region)
West Midstates East South $379 (CD-ROM) $289 (Online) $289 (Hardcopy) $479 (Online & CD-ROM) Online Access, please provide Email address: _____________________________ Password (minimum 4 characters, case-sensitive): __________________________
QUESTIONS.... Email: ann@dealmakers.net or Call: 800-732-5856 Contact/Ship to: (TenantSearch is shipped via UPS ground at no charge) Name __________________________________________________ Company _______________________________________________ Street ___________________________________________________ City ____________________________________________________ Phone __________________________________________________ Credit Card
Visa Mastercard American Express
Card #: _____________________________ Exp. Date: __________ Sec. Code: _______ Signature: ______________________________ Cardholder Name: ________________________________________
Space Place
FO
R LE
AS
E
FOR
FOR
E
LEAS
E
LEAS
FOR LEASE
Rhode Island (continued from page eighteen)
Warwick – Apponaug Plaza, a 22,809 sq.ft. center located at the intersection of Route 1/Veterans Memorial Drive and Greenwich Avenue, has a 3,654 sq.ft. space available. People’s Liquor Warehouse anchors the center and cotenants include Boater’s Edge, Nail 21, Jersey Mike’s Subs and Dunkin’ Donuts. Area demographics include a population of 160,114 within five miles earning $70,225 as the average household income. The average daily traffic count is 20,000 vehicles. For details, contact Sara Taylor or Daniel Dori, Eagle Rock Retail; 617-553-1824/ 1840; Emails: sara@eaglerockretail.com and dan@eaglerockretail.com; Web site: www.eaglerockretail.com. Woonsocket – Diamond Hill Plaza, a 386,442 sq.ft. center located along Diamond Hill Road, has spaces available of 2,000 sq.ft.; 4,000 sq.ft. and 5,000 sq.ft. along with a pad site. Burlington Coat Factory anchors the center and cotenants include GNC, 99 Nails, Oceans of Pets, Dollar Tree, Planet Fitness, Sally Beauty Supply, Rainbow Apparel, Rent-A-Center, Best Cuts, Price Rite, Staples, Subway, RadioShack, Papa Gino’s, McDonald’s and Milford Savings Bank. Area retail includes Lowe’s Home
Rhode Island
Tennessee
Improvement. Area demographics include a population of 149,962 within seven miles earning $63,896 as the median household income. For details, contact Dan Zelson, Charter Realty & Development Corp., 183 Main Street, Westport, CT 06880; 203-227-2922; Email: dan@chartweb.com; Web site: www.chartweb.com.
Knoxville – Crown Point Plaza, a 400,000 sq.ft. center located at the intersection of Clinton Highway and New Callahan Road, has space available. Kroger, Target and Lowe’s Home Improvement anchor the center. Cotenants include Petcare Warehouse, Hobby Lobby, Ruby Tuesday, Golden Corral, Chick-fil-A and Burger King. Area retail includes Walmart, Home Depot, Marshalls, Chili’s, Baskin-Robbins, OfficeMax, hhgregg and Knoxville Wholesale Furniture. Area demographics include a population of 235,479 within seven miles earning $68,963 as the average household income. The average daily traffic count is 51,181 vehicles. For details, contact Graham Corp.; 865-693-7000; Web site: www.grahamcorporation.com.
South Carolina Bluffton – Hilton Head Village, a 110,710 sq.ft. strip center, has spaces available of 5,000 sq.ft. and 7,500 sq.ft. Marshalls, Bed Bath & Beyond and Old Navy anchor the center. Cotenants include Famous Footwear, Jockey, Motherhood Maternity and Birkenstock. Area retail includes Tanger Outlet II, Target, Lowe’s Home Improvement, Michaels, Best Buy and Home Depot. Area demographics include a population of 73,196 within 10 miles earning $81,383 as the average household income. The average daily traffic count is 63,000 vehicles. For details, contact Samantha Hirshberg, Pittsburgh Hilton Head Associates., 600 Grant Street, Suite 3010, Pittsburgh, PA 15219; 412-394-9802, Fax 412-594-4099; Email: shirshberg@costalandco.com.
2,000–13,000 SF available MaJOR ReNOvaTiON JUST COMPleTeD PRiMe ReTail SPaCe iMMeDiaTelY available Princeton’s classic 228,000 SF, 1955-vintage, open-air shopping mall — featuring 55 stores, restaurants and services with 1,300 parking spaces surrounding 2 acres of a beautifully landscaped courtyard. aNCHORS
DeMOGRaPHiCS (5–Mile Radius) Population: 78,592 Average Household Income: $148,008 Median Household Income: $114,587 CURReNT TeNaNTS Great Clips
Quiznos
PNC Bank
Dunkin’ Donuts Edward D. Jones
The UPS Store Radio Shack
Hallmark and more…
Chris Hanington 609-921-6234 chaningtonprinceton.shoppingcenter@verizon.net www.princetonshoppingcenter.com page 20
October 1, 2010
The
Dealmakers
www.dealmakers.net
Texas San Antonio – A 15,785 sq.ft. center located at the intersection of Blanco Road and Lockhill Selma has an 800 sq.ft. space available. Cotenants include Goomba’s Pizza and Pocket. The average daily traffic count is 20,000 vehicles. The asking annual rent is $20 psf. (continued on page twenty-two)
2010 IcSc
New york, Ny
december 6-7, 2010 The December 10th issue, distributed at the New York National Conference in New York, NY, delivers your advertising message to the real decision makers. Our readers respond and our advertisers get results.
Place your ad in the Pre-Show, Show and Post-Show issues and at no extra cost, receive:
SET THE STAGE Book appointments in advance by placing your ad in The Dealmakers November 26th pre-show issue, telling everyone you’re ready to make deals!
• Placement on THE DEALMAKERS “A” LIST • 55,000+ decision makers will be emailed • 500,000+ real estate pros view your ad at www.dealmakers.net
MAKE A STATEMENT Your ad will be hand-delivered to every attendee’s hotel room and The Dealmakers December 10th show issue gets exposure on the show floor! FOLLOW UP In addition to powerhouse companies that read The Dealmakers every week, the December 17th post-show issue is mailed to attendees — giving you added exposure!
For more INFormatIoN, coNtact alySoN Parker at 1-800-732-5856 Sizes Full Page 2/3 Page 1/2 Page 1/3 Page 1/4 Page Rates $1,495 $1,040 $800 $550 $475 * Prices are for black and white. Contact us for color pricing.
1/8 Page $310
FO
R LE
AS
E
FOR
FOR
E
LEAS
E
LEAS
FOR LEASE
Space Place Texas
(continued from page twenty)
For details, contact Greg Vasquez, Dominion Advisory Group, Inc., 150 North Loop 1604 East, Suite 202, San Antonio, TX 78232; 210-308-6288 Ext. 107; Email: gvasquez@askdag.com.
Vermont Bennington – A shopping center located along Hannaford Square has spaces available of 2,700 sq.ft. and 8,152 sq.ft. along with a 3,120 sq.ft. endcap. Hannaford anchors the center and cotenants include Cellular One, Rent-A-Center, Blockbuster Video and Chili’s. Area demographics include a population of 13,200 within three miles earning $42,603 as the median household income. The asking rent is $12 psf NNN. For details, contact Steven Lerner or Barry Feinman, Vanguard-Fine, LLC, 2050 Western Avenue, Suite 201, Guilderland, NY 12084; 518-862-0861 Ext. 204/202, Fax 518-8620861; Emails: slerner@vanguardfine.com and bfeinman@vanguardfine.com; Web site: www.vanguardfine.com.
Vermont
Virginia
Essex Junction – Town Plaza, a 123,200 sq.ft. center located along Susie Wilson Road, has pad sites available totaling 11,000 sq.ft. Lowe’s Home Improvement anchors the center and cotenants include Chittenden Bank. Area retail includes Rite Aid. Area demographics include a population of 159,246 within 15 miles earning $68,906 as the average household income. The average daily traffic count is 26,500 vehicles. For details, contact Milestone Associates, Inc., 192 Worcester Road, Natick, MA 01760; 508-650-1929, Fax 508-650-1944; Email: rick@milestoneassociates.com.
83,581 within five miles earning $56,227 as the median household income. Virginia Beach – Columbus Village, located at the intersection of Route 58/Virginia Beach Boulevard and Beasley Drive, has a 5,463 sq.ft. space available. PetSmart anchors the center and cotenants include Thomasville, Great Clips, Hallmark, The Skinny Dip and Scottrade. Area retail includes Panera Bread, P.F. Chang’s, Chipotle, The Cheesecake Factory, Regal Cinemas, Bed Bath & Beyond, Chick-fil-A and Barnes & Noble. Area demographics include a population of 73,767 within three miles earning $60,035 as the median household income. The average daily traffic count is 48,000 vehicles. For details, contact Ed Kimple or David Machupa, Thalhimer Commercial Real Estate, Westmoreland Building, 5700 Cleveland Street, Suite 400, Virginia Beach, VA 23462; 757-213-4155/4156; Emails: ed.kimple@thalhimer.com and david.machupa@thalhimer.com. For additional details regarding the Suffolk property, contact Chris Good; 757-213-4159; Email: chris.good@thalhimer.com. DM
Virginia Suffolk – Harbour View Shoppes, located at the intersection of Harbour View Boulevard and Town Point Road, has spaces available of 1,271 sq.ft. and 2,800 sq.ft. Cotenants include Starbucks, Subway, Yoyo Sushi, Reactions Hair Design and Verizon Wireless. Area retail includes Regal Cinemas, Walmart Supercenter and Harris Teeter. Area demographics include a population of
Start your subscription to
Yes!
today!
Start my subscription right away to the only publication in the shopping center industry devoted exclusively to dealmaking in strip, power and specialty centers, as well as malls. I can use leads every week on retailers looking to lease space, buyers and sellers of retail properties, plus news on space for lease, retail chain acquisitions and mergers, who’s opening or closing stores, new retail concepts, shopping centers under construction and more.
Start my subscription immediately! Please charge my credit card or a check is enclosed
$294 for one year
$434 for two years $187 for six months
Please circle appropriate card:
Mail my subscription to
Card #
Name _________________________________
_______________________________
Company ______________________________
Exp. Date ___________ Sec. Code ___________
Address _______________________________
Signature _______________________________
City ___________________________________ State _____________
What you’ve missed in the last 47 issues
• 2,300,000 locations of retailers with plans to open 150,000 sites • $27 billion to be bought, sold and financed • Leasing activity on over 600 million sq.ft. of retail poperty
Zip ________________
Phone __________________________________ Fax ____________________________________ Email __________________________________
Expedite your order by faxing the completed form to 609-587-3511 P.O. Box 2630 | Mercerville, NJ 08690 | 800-732-5856 or 609-587-6200 | Fax 609-587-3511 | www.dealmakers.net page 22
October 1, 2010
The
Dealmakers
www.dealmakers.net
MP03.Corp Ad DMK 9-17-10
8/26/10
1:09 PM
Page 1
For over 40 years, Mall Properties, Inc. (MPI) has been a leader in diversified real estate development, investment and management. Our robust portfolio encompasses over 18 million square feet of enclosed malls, power centers and town center developments, as well as a multitude of office buildings, residential properties, and resort hotels nationwide. To schedule an appointment at the ICSC PA/NJ/DE Idea Exchange, contact Mitch Salmon 212.935.1330 or msalmon@mallproperties.com 654 Madison Avenue, 11th Floor, New York, New York 10065 T 212.935.1330 F 212.832.5369 leasing@mallproperties.com www.mallproperties.com
For over 40 years, Mall Properties, Inc. (MPI) has been a leader in diversified real estate development, investment and management. Our robust portfolio encompasses over 18 million square feet of enclosed malls, power centers and town center developments, as well as a multitude of office buildings, residential properties, and resort hotels nationwide.
NOTHING FANCY IS GOOD BUSINESS IS GOOD BUSINESS
Cedar Shopping CenterS, inC. DEvElOpErS, OwNErS AND MANAGErS
OF BrEAD AND BUTTEr SHOppING CENTErS速 www.cedarshoppingcenters.com