Reporting The Nation’s Weekly News on Retailing & Retail Real Estate Volume XXIX No. XXXVII
October 3, 2014
FEATURING SUPERMARKET CHAINS EXPAND NATIONWIDE Alex-Lee, Inc. trades as Lowe’s Food, Galaxy Stores, IGA and Just $ave Food at 101 locations throughout NC and SC. The supermarkets occupy spaces of 40,000 sq.ft. to 55,000 sq.ft. in power, strip and value centers. Growth opportunities are sought throughout NC, the coastal areas of SC and southwestern VA during the coming 18 months. Typical leases run 20 years. Preferred demographics include a population of 30,000 within five miles earning $50,000 as the average household income. For more information, contact Roger Henderson or Philip Greenwald, AlexLee, Inc., 1381 Old Mill Circle, Suite 200, Winston-Salem, NC 27103; 336-7753005/828-725-4370, Fax 336-659-2434; Email: roger.henderson@alexlee.com. United Supermarkets, LLC trades as United Supermarkets, Market Street, Amigos Stores and United Express at 51 locations throughout TX. The supermarkets, also featuring a pharmacy and wine and beer departments, occupy spaces of 40,000 sq.ft. to 70,000 sq.ft. in freestanding locations, strip centers and downtown areas. Growth opportunities are sought throughout western TX during the coming 18 months. For more information, contact Joe Rollins, United Supermarkets, LLC, 7830 Orlando Avenue, Lubbock, TX 79423; 806-791-8110; Email: jrollins@unitedtexas.com; Web site: www.unitedtexas.com.
Metropolitan Market operates six locations throughout the Puget Sound area and western WA. The upscale supermarkets, featuring bakery, deli, meat and gourmet cheese departments, as well as offering natural and organic foods, occupy spaces of 25,000 sq.ft. to 35,000 sq.ft. in freestanding locations and strip centers. Plans call for two openings throughout Seattle, WA during the coming 18 months, with representation by DJT Realty Advisors. Preferred demographics include a population of 30,000 within two miles. The company prefers to locate in areas with high foot and vehicular traffic counts. For more information, contact Dean J. Trenery, DJT Realty Advisors, 2068 42nd Avenue East, Seattle, WA 98112; 206-301-0360, Fax 206-3010530; Email: djtrealtyseattle@aol.com; Web site: www.metropolitan-market.com. R2R Food Ventures, LLC trades as Lloyds Hometown at two locations in NY. The supermarkets, featuring meat, produce and deli departments, occupy spaces of 10,000 sq.ft. to 20,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the New York, NY metropolitan area during the coming 18 months. For more information, contact Paul Berger, R2R Food Ventures, LLC, 1 Blue Hill Plaza, Suite 1502, 16th Floor, Pearl River, NY 10965; 845920-1010; Web site: www.shopfoodcity.com. (continued on page ten)
THIS ISSUE CONTAINS INFORMATION ON: • Retailers operating 33,917 locations with plans to open 2,338 sites • Real estate valued in excess of $252 million to be bought, sold & financed • Leasing activity on over 2.9 million sq.ft. of retail properties WS Postmaster: Periodical T NE E N A T R DIT IMPO SE EXPE A PLE
ICSC WESTERN DIVISION CONFERENCE & DEALMAKING New Construction Crossman & Co. preleasing initial phase of FL retail site........ Pg. 4 Buyers and Sellers Sterling Organization closes $60 million shopping center acquisition.................................. Pg. 5 Food Chains Expand Happy Joe’s Pizza and Ice Cream continues growth in the Midwest Pg. 7 Lease Signings illi Commercial Real Estate finalizes lease with Men’s Wearhouse................................. Pg. 8 Mid-America Real Estate – Wisconsin inks anchor deal with Hobby Lobby............................. Pg. 8 Who’s Opening and Where Fresh Thyme Farmers Market focused on the Midwest for expansion................................... Pg. 9 Goodwill tests new concept Gina + Will............................... Pg. 9 Lead Sheet National Stores, Inc. looks to Chicago, IL for growth opportunities.............................. Pg. 11 Laurie’s Shoes to enter IL and KS Pg. 14 Tenant Reps and Exclusives Winick Realty Group represents World of Beer............................. Pg. 16 Making the News The Boulder Group hires a vice president.................................... Pg. 16 Sources of Financing Dockerty Romer & Co. closes loan on a FL shopping center...... Pg. 16 Space Place................................ Pg. 17
18+ Million Square Feet northeast MASSACHUSETTS Billerica Shops at Billerica Boston Rd. (Rte. 3A) & Tower Farm Rd. Kmart, Burlington Coat, Market Basket 275,000 SF GLA / Anchor Space Available Lowell Meadow Brook Center Plain Street & Lowell Connector Target, Marshalls, Chuck E. Cheese Pad Site Available 271,377 SF GLA
NEW YORK Cortland Future Development NEW Route 13 & Bennie Road 26 Acres across from Walmart Glenville/Scotia (Albany) Target Shopping Center Saratoga Rd. (Route 50) & Glenridge Rd. 174,000 SF GLA - In-Line Space Available Lake Ronkonkoma Lake Shore Plaza II Portion Rd. (Co. Rd. 16) & Patchogue-Holbrook Rd. Regal Cinemas, Dollar Tree - 94,826 sf GLA
Milford Kmart Shopping Center Medway St. & Beaver St. @ I-495 Kmart, Dollar Tree 140,470 SF GLA Future Expansion Space Available NEW JERSEY Marlton (Evesham) Tri-Towne Plaza Route 70 & Plymouth Dr. 176,519 SF GLA Anchor Space Available Redevelopment Underway Mt. Olive Vacant Land - 16.963 Acres Adjacent to Foreign Trade Zone Across from Walmart, Sam’s, TJ Maxx
Monroe/Woodbury Harriman Commons Routes 17 / 6 & Route 32 Walmart, Home Depot, BJ’s, Target 687,716SF GLA Future Phase III Office or Retail
Niles Golf Glen Mart (Outparcel) Golf Rd. & Dee Rd. Meijer - Up to 12,000 SF Outlot, B-T-S
Nanuet Home Depot Plaza Route 59 & Hutton Ave. Home Depot, Staples - 250,000 SF GLA
INDIANA Evansville Evansville Shopping Center Morgan Ave. & Boeke Rd. Rural King, Dollar General 153,000 SF GLA
Orangetown Orangeburg Commons Route 303 & Palisades Parkway Super Stop & Shop Future Strip, Pads Available
Indianapolis Pendleton Plaza Pendleton Pike & Shadeland Ave. Rose's Department Store - 134,797 SF GLA Anchor Space & Outlots Available
Stony Point Stony Ridge Plaza Route 9W & Park Rd. US Post Office - 21,212 SF GLA
Warsaw The Market Place at Warsaw U.S. Hwy. #30 & Water St. Carson's Dept. Store, Sears, Dunham's, Pier 1 180,000 SF GLA
Water Mill (Southampton) Water Mill Shoppes Montauk Hwy. (Rte. 27) & Station Rd. Prime for Specialty Foods & Boutiques
NEW
PENNSYLVANIA Allentown Home Depot Plaza Lehigh St. & Route 78 135,000 SF GLA / 9.82 Acres Available
Vineland Kmart Plaza Expansion S. Delsea Dr. (Route 47) & Route 55 Kmart, TD Bank Two Parcels: 4.302 & 4.486 Acres Williamstown Williamstown Shopping Center Black Horse Pike (Route 42) & Main St. CVS, Dollar General 85,000 SF GLA Anchor Space Available
midwest ILLINOIS Downers Grove Marshall’s at The Grove, 75th St. & Lemont Rd. 400,000 SF GLA Anchor Space Available 43,264 SF
NEW
Vineland Vineland Marketplace S. Delsea Dr. (Route 47) & College Dr. New Development Anchor Space / Outlots Available
Trexlertown Macungie Crossing Shopping Center Hamilton Blvd. (Route 222) & Grange Rd. Future Strip and Pads
Latham/Colonie (Albany) Freestanding Building Route 7 & Swatling Rd. 118,863 SF GLA Anchor & Outlot Available
Old Bridge A & P Shopping Center Route 9 & Ferry Rd. 77,360 SF GLA Parsippany Future Development Route 46 (Bloomfield Ave.) & Cherry Hill Rd. Proposed Supermarket Anchor, In-Line & Pads Available
PENNSYLVANIA Quakertown NEW New Anchor Space at Richland Marketplace Rt. 309 & Pumping Station Road BJ’s Wholesale Club, Target, Best Buy 444,531 SF GLA
MICHIGAN Flint Former Kmart Dort Hwy.(Rte. 54) & Atherton Hwy. 92,691 SF GLA Grand Blanc Holly Rd. & I-75 Vacant Land / 22 Acres For Sale
Carlisle Home Depot Shopping Center Hanover Street (Route 34) & I-81 Home Depot, Chili’s - 140,715 SF GLA 10,584 SF Future Expansion/Pad
Livonia Office Depot Plaza Plymouth Rd. & Middlebelt Rd. Office Depot, Party City, Walgreens 108,820 SF GLA
Montgomeryville Five Points Plaza Cowpath / Horsham Rd. at Rte 309 & Rte 202 BJ's, Lowe's - Anchor Space Available 133,000 sf GLA
Muskegon Muskegon Shopping Center Henry St. & Norton Ave. 187,000 SF GLA Anchor Space Available
NEW
RDMANAGEMENT LLC
Thomas G. Mirandi 212-265-6600 Ext. 239 Email: tmirandi@rdmanagement.com Fax: 212-459-9133
200+ Retail Projects MICHIGAN Port Huron Port Huron Shopping Center Howard St. & 24th St. Big Lots, Save-A-Lot, Family Dollar 118,000 SF GLA Anchor Space & Outlot Available
MINNESOTA St. Paul Midway Shopping Center University Ave. & Snelling Ave. Rainbow Foods, Office Max, Walgreens 280,353 SF GLA
VIRGINIA Winchester Freestanding Building S. Pleasant Valley Rd. & E. Jubal Early Dr. Anchor Space Available 88,479 SF GLA
Gainesville Mixed Use Development Grocery Store & Student Housing NW 13th St & University Avenue 26,000 SF Ground Floor Retail 312,498 SF Mixed Use 6-Story Bldg
WEST VIRGINIA St. Albans St. Albans Center Route 60 & MacCorkle Ave. SW Kmart, Super Kroger, Goody’s, CVS 230,000 SF GLA
NEW
Sandusky Kmart Shopping Center M-19 & Gates Rd. 176,248 SF GLA - Anchor Space Available Southgate Fort St. & Burns Ave. Vacant Land 9.37 Acres
FLORIDA Fern Park Future Shopping Center 26 Acre Jai Alai Redevelopment Site 6405 Hwy. 17/92 & Fernwood Blvd. Near Hwy. 436 - 153,650 SF GLA
NEW
Sanford Seminole Centre S Orlando Dr. (Hwy. 17/92) & Lake Mary Blvd. Walmart Supercenter, Ross, Aldi 370,936 SF GLA
OHIO Ashtabula Home Depot Plaza Route 20 (N. Ridge Rd.) & Orchard Rd. 148,440 SF GLA 18,440 SF Expansion & Pad NEW
Columbus Great Western Commerce Center No. Wilson Rd. & Valleyview Dr. at Broad St. Great Western Academy, Restaurant Depot 300,254 SF GLA Mixed Use Commercial Space Holland (Toledo) Dick’s at Spring Meadows Place Airport Hwy. & I-475 Dick’s, Best Buy & Expansion Space
NEW
Oregon (Toledo) Vacant Land – 4.645 Acres Dustin Rd. & Isaac Street Dr. 1 block So. of Navarre Ave. (Rte. 2) & Kmart
south ALABAMA Huntsville NEW Freestanding Walmart South Memorial Parkway & Drake Ave. SW 104,000 SF on 8.1 Acres FLORIDA Fern Park Fern Park Plaza Semoran Blvd. (Hwy. 436) & Hwy. 17/921 Ross, Beall's Outlet, Aldi, Deals 131,646 SF GLA
RDMANAGEMENT LLC
NEW
KENTUCKY Ashland Russell Centre Route 23 & Diederich Blvd. Lowe’s, Super Kroger 272,000 SF GLA / In-line Space & Pad MARYLAND Hagerstown Long Meadow Shopping Center Potomac Ave. (Route 60) & Northern Ave. CVS, PA Dutch Market - 243,000 SF GLA Anchor Space/Pad Available Randallstown Brenbrook Plaza Liberty Rd. &Brenbrook Dr. Home Depot - 139,000 SF GLA TENNESSEE Nashville Marketplace at Rivergate Gallatin Pike (Hwy. 31-E) & Conference Dr. Trees N Trends, Ryan’s Buffet 111,460 SF GLA NEW
TEXAS Ft. Worth Westcliff Shopping Center Albertson’s Market, Dollar General Alton Rd. & Biddison St. 133,332 sf GLA NEW
VIRGINIA Richmond Food Lion Plaza Rte. 1 (Jefferson Davis Hwy.) & Chippenham Pky. Outlots Available
west ARIZONA Phoenix Freestanding Barnes & Noble 1035 N. Metro Pkwy. West & 28th Dr. Adjacent to Metro Center Mall 19,360 SF on 1.48 Acres NEVADA Las Vegas Kmart Plaza E. Sahara Ave. & McLeod Dr. 127,754 SF GLA Anchor Space & Pad Available Las Vegas Kmart at Sunset Plaza 3780 E. Sunset Rd. & S. Sandhill Rd. Kmart - 86,479 SF GLA OREGON Salem Kmart Shopping Center Mission Street S. E. & 25th St. 116,866 SF GLA UTAH Salt Lake City 410 S. 900 E. & 400 S. Freestanding Office Max Future Redevelopment
puerto rico PUERTO RICO Arecibo Arecibo Towne Center Routes 2 & 22 Future Development Anchor Position & Outlots Available Ponce Reina del Sur; Outlots at Ponce Towne Center II Rtes. #2 & Baramaya Ave. (Rte. 10) @ PR-52 Walmart Supercenter, Home Depot New Development & Pads 525,000 ± SF GLA
Thomas G. Mirandi 212-265-6600 Ext. 239 Email: tmirandi@rdmanagement.com Fax: 212-459-9133
NEW CONSTRUCTION R.J. Brunelli & Co., LLC is preleasing Broad Street @ Broadway, an urban retail site situated on five acres and located at the intersection of Route 280/Broad Street and Bloomfield Avenue and Broadway in Newark NJ. Plans call for two buildings totaling 40,970 sq.ft. with proposed cotenants including Dollar Tree. Area retailers include Marshalls, Pathmark and Shop Rite. Area demographics include a population of 736,940 within a fivemile radius earning $76,239 as the average household income. The company is also preleasing a mixed-use development located along Route 18 South in East Brunswick, NJ. Retail and restaurant spaces from 1,200 sq.ft. to 49,486 sq.ft. are available. The center will also feature a 10,000 sq.ft. space suitable for a daycare facility, as well as a 25,000 sq.ft. office component. Area retailers include Brunswick Square Mall, Kmart and Toys “R” Us /Babies “R” Us. The average daily traffic count is 57,095 vehicles. For more information, contact John Lenaz, R.J. Brunelli & Co., LLC, 400 Perrine Road, Suite 405, Old Bridge, NJ 08857; 732-721-5800 Ext. 26, Fax 732-721-9241; Email: jlenaz@rjbrunelli.com; Web site: www.rjbrunelli.com. Winick Realty Group is preleasing an urban retail site located at the intersection of Broadway and 38th Street in New York, NY. Spaces of 6,176 sq.ft. on the second floor, 7,670 sq.ft. on the lower level and 8,338 sq.ft. on the ground floor are available. Area retailers include Macy’s, Urban Outfitters, Whole Foods Market, Ann Taylor Loft, Red Lobster, Ruby Tuesday and Dean + Deluca. Area draws include Mercy College, Berkley College and CUNY Graduate School of Journalism. For more information, contact Jeff Winick, Winick Realty Group, 655 Third Avenue, 8th Floor, New York, NY 10017; 212-792-2601; Email: jeff@winick.com; Web site: www. winick.com. Prime Commercial, Inc. is preleasing Alvin’s Corner at Penny Lane, located at the intersection of Hamilton Avenue and San Thomas Expressway in Campbell, CA. Plans call for 10,915 sq.ft. of retail and restaurant spaces, 108 luxury residential homes, including 65 townhomes and 43 luxury condominiums. Area demographics include a population of 542,867 within a five-mile radius earning $108,047 as the average household income. The average daily traffic count is 45,678 vehicles along San Thomas Expressway. For more information, contact Dixie Divine or Doug Ferrari, Prime Commercial, Inc.; 408-879-4001/4002; Emails: ddivine@primecommercialinc.com and dferrari@primecommercialinc.com. Page 4 | October 3, 2014
Palladium USA, Inc. is proposing the development of Innovation Village, a mixed-use site located at the intersection of State Highway 5 and Davis Street in McKinney, TX. Plans include four phases of development, which will include a six-story, 76,000 sq.ft. office building, a public park with an amphitheater, along with apartment units and 6,000 sq.ft. of retail space. For more information, contact Palladium USA, Inc., 13455 Noel Road, Suite 1000, Dallas, TX 75240-6602; 972-7744400, Fax 972-774-4484; Web site: www.palladiumusa.com. Crossman & Co. is preleasing the initial phase of Shoppes of Navarre, a proposed development to be located along Navarre Parkway in Navarre, FL. Anchor and inline spaces, as well as outparcels, will be available. Upon full build-out the project will encompass 300,000 sq.ft. For more information, contact Sherri Mann, Crossman & Co., 3333 South Orange Avenue, Orlando, FL 32806; 404-514-3517; Email: smann@crossmanco.com. Ripco Real Estate Corp. is preleasing a sixstory mixed-use redevelopment located at the intersection of Johnson Avenue and Bogart Street in East Williamsburg, NY. A 9,375 sq.ft. ground floor space is available. Area retailers include Robertas, Momo Sushi, Kings County, Swallow Café and Pine Box Rock Shop. For more information, contact Andrew Clemens, Ripco Real Estate Corp., 150 East 58th Street, 15th Floor, New York, NY 10155; 212-750-6565; Email: aclemens@ripcony.com; Web site: www.ripcony.com. The Rotella Group, Inc. is preleasing Bank United Center, a 9,240 sq.ft. shopping center located at the intersection of East Commercial Boulevard and Northeast 18th Avenue in Ft. Lauderdale, FL. Up to 6,165 sq.ft. of space is available. For more information, contact Bill Rotella or Chris Rotella, The Rotella Group, Inc., 3300 North Federal Highway, Suite 200, Ft. Lauderdale, FL 33306; 954-568-9015 Fax 954-568-9597; Emails: wjr@rotellagroup.com and chris@rotellagroup.com. Spectrum Development, LLC is proposing the development of Mason Row, to be located along West Broad and North West Street in Falls Church, VA. Plans call for an open-air retail promenade, a five-story hotel and 320 residential units. For more information, contact Spectrum Development, LLC, PO Box 937, Vienna, VA 22183; 202-607-3952; Web site: www.spectrumdevelop.com.
Cousins Properties, along with Northwood Ravin, is developing a mixed-use site located along West Franklin Street at the site of University Square in Chapel Hill, NC. The project will feature 156,000 sq.ft. of office space, a 42,000 sq.ft. retail component and a 256-unit residential component. The site is slated for completion during summer 2016. For more information, contact Cousins Properties, 191 Peachtree Street Northeast, Suite 500, Atlanta, GA 30303; 404-407-1000; D Web site: www.cousinproperties.com. M
President/Publisher Ann O’Neal • ann@dealmakers.net Editor Erin Dunkley • erin@dealmakers.net Editor Stephanie Weaver • stephanie@dealmakers.net Art Director Anthony Pingicer • anthony@dealmakers.net Account Executive Nicole Papa • nicole@dealmakers.net Account Executive Connie Giordano • connie@dealmakers.net Executive Assistant Kait Kelly • kait@dealmakers.net Research Assistant Brenda Robinson • brendar@dealmakers.net Research Assistant Krista Kopf • krista@dealmakers.net Co-Founder Ted Kraus • 1979–2007
The DealmakersTM (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 $344 per year U.S., foreign $419 by TKO Real Estate Advisory Group Inc., PO Box 2630, Mercerville, NJ 08690-0630. The Dealmakers TM reports on over 20,000 retailers, developers and management companies every year. It is written by real estate professionals for real estate professionals. The newsletter keeps readers abreast of the latest leasing, development and management changes occurring in the real estate industry on a weekly basis. NOTE: Current federal law requires written consent from a company prior to utilizing the published fax number. Share The DealmakersTM with your organization or service for free. Just let us know when your next meeting is and we'll send you copies of our issue for free for your members to learn how to be a better dealmaker! POSTMASTER: Send address changes to The Dealmakers, PO Box 2630 Mercerville, NJ 08690-0630. Periodical postage paid at Trenton, NJ and at additional mailing offices. Affiliated with Tenant Search, E.S.P., E-Blast Copyright 2014 by TKO Real Estate Advisory Group Inc. 609-587-6200, fax 609-587-3511.
Dealmakers Magazine | www.dealmakers.net
BUYERS AND SELLERS Investment Management Associates, Inc. is selling Kendall Square, a 21,083 sq.ft. shopping center located along Southwest 88th Street/North Kendall Drive in Miami, FL. Area retailers include Publix, CVS, Lowe’s Home Improvement, Target, Wells Fargo, Kmart, PetSmart, Marshalls, FedEx Kinkos, Payless Shoe Source, Ross Dress for Less. Hobby Lobby and Panera Bread. Area demographics include a population of 401,385 within a five-mile radius earning $72,513 as the average household income. For more information, contact Andrew Pearl or Daniel Baumgard, Investment Management Associates, Inc., 1575 San Ignacio Avenue, Suite 400, Coral Gables, FL 33146; 305-661-0110, Fax 305-6617803; Emails: apearl@ima-re.com and dbaumgard@ima-re.com; Web site: www.ima-re.com. The Boulder Group is selling a Walmart ground lease in Niles, IL. Area retailers include Costco, Targets, Babies “R” Us, Ross Dress for Less, PNC Bank, hh gregg, JewelOsco, Dick’s Sporting Goods and Barnes & Nobles. The asking price is $9.966 million. The company is also selling a Shopko store in Council Bluffs, IA. The tenant is bound to a lease with 16 years remaining on the initial term and featuring 10% rent escalations. The average daily traffic count is 100,000 vehicles along Interstate 80. The asking price is $8.021 million with a Cap rate of 8.4% For more information, contact Randy Blankstein or Jimmy Goodman, The Boulder Group, 666 Dundee Road, Northbrook, IL 60062; 847-562-0003/8500; Web site: www.bouldergroup.com. Cushman & Wakefield is selling Fairlane Village, a 451,817 sq.ft. regional shopping center located along State Route 61/St. Clair Highway in Pottsville, PA. Kohl’s and Boscov’s anchor the center and tenants include Michaels, Amelia’s Grocery Outlet and Harbor Freight Tools. Lowe’s Home Improvement shadow-anchors the property. For more information, contact Karen Iman, Cushman & Wakefield, 1650 Market Street, 33rd Floor, Philadelphia, PA 19103; 215-9634136; Email: karen.iman@cushwake.com. Fairway Realty Investment Services Group is selling an Aldi supermarket ground lease in Petoskey, MI. The tenant is bound to a 20-year NNN lease featuring rent escalations every five years. Area retailers include Home Depot and Walmart Supercenter. The asking price is $5.151 million with a Cap rate of 5%. For more information, contact Tommy Freiburger, Fairway Realty Investment Services Group; 614-273-0553 Ext. 303. Dealmakers Magazine | www.dealmakers.net
Midland Atlantic Properties, Inc. is selling a 41,562 sq.ft. freestanding former Walmart situated on 6.8 acres and located along East 30th Street in Indianapolis, IN. For more information, contact Tracey Holtzman, Midland Atlantic Properties, Inc., 9000 Keystone Crossing, Suite 850, Indianapolis, IN 46240; 317-580-9900; Email: tholtzman@midlandatlantic.us. CBRE recently negotiated the sale of a Walmart Supercenter in Anderson, SC. At the time of the sale, the tenant was bound to a lease with 13.7 years remaining on the initial term. For more information, contact Chris Bosworth, CBRE; 404-923-1486; Email: chris.bosworth@cbre.com. Friedman Integrated Real Estate Solutions recently negotiated the sale of a 6,072 sq.ft. retail building located along Mack Avenue in Gross Pointe Woods, MI. The company represented the buyer and seller in the transaction. For more information, contact Nicole Madigan, Friedman Integrated Real Estate Solutions, 34975 West Twelve Mile Road, Farmington Hills, MI 48331; 248-324-2000; Email: nicole.madigan@freg.com; Web site: www.friedmanrealestate.com. Jones Lang LaSalle is exclusively selling Central Mall Lawton, a 526,082 sq.ft. enclosed mall located in Lawton, OK. The property is 97% occupied and anchored by Sears, JCPenney, Dillard’s and ShowPlex. For more information, contact Kris Cooper, Jones Lang LaSalle, 3344 Peachtree Road Northeast, Suite 1200, Atlanta, GA 30326; 404-995-2271; Email: kris.cooper@am.jll.com.
Marcus & Millichap is selling Riverside Plaza, a 62,538 sq.ft. shopping center situated on 4.32 acres along South State Street in Belvidere, IL. Area demographics include a population of 38,122 within a fivemile radius earning $66,562 as the average household income. The asking price is $2.635 million with a Cap rate of 9.65%. For more information, contact Tammy Saia, Marcus & Millichap, One MidAmerica Plaza, Suite 200, Oakbrook Terrace, IL 60181; 630-570-2200; Email: tsaia@marcusmillichap.com. Sierra U.S. Commercial Real Estate is selling Hoopeston Plaza, a 54,539 sq.ft. shopping center located at the intersection of Highway 9 and Highway 1 in Hoopeston, IL. IGA Grocery, ShopKo and La Casa del Sol anchor the center. For more information, contact Thomas Weiler or John Beckman III, Sierra U.S. Commercial Real Estate; 314-308-3194/314499-6000; Emails: tweiler@sierraus.com and jbeckman@sierraus.com; Web site: www.sierraus.com. Sterling Organization recently acquired Golf Mill Shopping Center, a regional retail power center in Niles, IL for $60 million. For more information, contact Lauren Burford, Sterling Organization; 561-8351810; Email: lburford@sterlingorganization.com. ARC Property Trust recently acquired a freestanding Macaroni Grill restaurant in Lincoln, NE. For more information, contact Robert Ambrosi, ARC Property Trust, 1401 Broad Street, Clifton, NJ 07013; 973249-1000, Fax 973-249-1001; Web site: www.arcproperties.com. DM
ARC Property Trust recently acquired a freestanding Macaroni Grill restaurant in Lincoln, NE. October 3, 2014 | Page 5
OBSERVATIONS AND CONVERSATIONS Our industry has a lot of ground to cover with training and recruiting. I hope we catch up before all the old timers retire. Ann O’Neal
Welcome to The Dealmakers’ pre-show issue for the ICSC’s Western Division Conference and Deal Making. Recently, I attended the ICSC’s Dealmaking in Philadelphia and it was an excellent convention. Usually, the event in Philadelphia is subdued, but it was heavily attended and everyone that I encountered was very happy to be making deals. I also saw more young people on the convention floor than I have since the last crash and for many of them this was their first ICSC event. I had several meetings with newbies that have been in the leasing business for less than a year and overall, I was impressed by some of the raw talent. Most of them explained that they were focused on leasing small shop space to “mom-and-pop” tenants. I talked to them about how they get leads and the response was walking and knocking on doors; I nearly fell off my chair because most newbies aren’t taught how to canvass on the most basic level. For the most part, the new kids were willing to pay their dues by doing a lot of the grunt work of leasing small shop space, but I did meet a few with entitlement issues that won’t be in the business for much longer. Of all the newbies at the Philadelphia show, I would conservatively say that 98% of the new hires are male. A female that has been in leasing for less than a year asked me, “Why aren’t there more women in leasing?” and I wish that I had a good answer for her, but I’ve been asking myself that question for 30 years now. I also chatted with a woman that owns a nice portfolio of shopping centers; we’ve been friends for decades and her first words to me at the Philly show were, “We are the oldest broads here” then I added not only are we the oldest, but we are quickly becoming extinct in the shopping center industry. Another friend of mine is the president of a large brokerage company and she is always complaining that recruiting young women into the business is practically impossible. Let’s face it, our business has been an old boys club since its inception and breaking into this arena as a female is not for the faint of heart. Of all the newbie brokers that I spoke with at the show, none of them had any exposure to property management. IMHO that’s a huge mistake, the best way to understand why we negotiate leases the way we do is to see the ramifications first hand from the property management level. Back in the day when I had a bunch of green brokers at TKO, I always sent them to shadow a property manager for a few days. Most of the time, they came back with a better understanding of the day-to-day realities of use restrictions, cross easements, signage, parking fields, collecting rent, CAM and etc. A neophyte leasing agent or broker can sit in a classroom for days being taught 101 of the shopping center industry, but you can’t fully understand leasing retail space until you see first-hand the problems that poorly written leases, ineffective tenant mixes and deferred facility maintenance create. Training a leasing agent takes several years. Yes, it takes years before they truly earn their keep. I talked to a number of shopping center developers and our consensus is that it costs about $100,000 to train a leasing agent in addition to a big commitment of time from the employer. I don’t see our industry out recruiting from the top MBA programs, law schools or highly-competitive universities. Plus, I don’t see much interest from college students to lease shopping centers except from the ones that Page 6 | October 3, 2014
are part of a family-owned business. However, I have seen quite a few marketing directors that could easily move into leasing positions. Same goes for retailing. My friends that run real estate departments for retailers are constantly meeting with their human resources department for candidates to recruit, however, very few college graduates will entertain retail as a career choice. As a result, most real estate people that work for retail chains just move from chain to chain. I would rather explore organic growth by bringing in folks working on the operations side than hire people that are perpetually looking for a new job. I personally know at least half a dozen lease administrators and secretaries for real estate departments that know more about leasing than some regional vice presidents of national chains. Our industry has a lot of ground to cover with training and recruiting. I hope we catch up before all the old timers retire; otherwise, it’s going to be interesting come the year 2020 and beyond. I am expecting the ICSC show in San Diego to be well attended. Most of the people on the West Coast that I’ve spoken to recently are actively doing deals, however a few of them expressed concern about possible rioting in the next few months. Most of the landlords that I’ve spoken to with shopping centers in densely populated ethnic areas are closely watching current events and checking their property insurance policies with a fine tooth comb. Hopefully, we won’t see rioting but a lot of the landlords I spoke with that own inner city properties are bracing for the worst case scenario. After the Western Division Conference and Deal Making, we will be at the ICSC conventions in Atlanta, Chicago and Dallas then closing out the year in New York. I think the ICSC’s National Convention in New York during December is going to be a kick-a** event. I’m co-chairing the New York Retail Runway and wow, what a lineup. So far, Urban Outfitters and all of their retail concepts, Aldi, Hobby Lobby, Lorna Jane, World of Beer, Orangetheory Fitness, Simply Fashions, Vanilla Sky, Acustom Apparel, Dessange and Camille Albane are confirmed for the Retail Runway, plus we expect a few more additions. This year, the Retail Runway will start at 4:00 pm on Monday December 8th and wrap up as the ICSC cocktail party starts; arrange your schedule accordingly so you don’t miss hearing about the expansion plans for these aggressively growing retail chains and the opportunity to meet them after their presentations. On the topic of expanding retail chains; check out www.FoodTenants.com and www.FreestandingTenants.com. Both online retail directories give you access to thousands of growing retailers. I have to wrap it up, so stop by and see us in San Diego at Booth #404.
Ann O’Neal, Publisher
Dealmakers Magazine | www.dealmakers.net
FOOD CHAINS EXPAND NATIONWIDE Henry’s Tavern American Bar + Grill operates three locations in Portland, OR, Plano, TX and Seattle, WA. The restaurants prefer to occupy 9,000 sq.ft. in new and second-generation restaurant spaces. Growth opportunities are sought nationwide during the coming 18 months, with representation by NAI Capital. Denny’s operates more than 1,700 locations nationwide and internationally. The casual dining restaurants utilize spaces of 3,500 sq.ft. to 6,000 sq.ft. in endcaps and pad sites of shopping centers, as well as freestanding locations. Growth opportunities are sought throughout Los Angeles and Orange counties in CA during the coming 18 months, with representation by NAI Capital. Stonefire Grill operates seven locations in CA. The restaurants occupy spaces of 6,000 sq.ft. to 7,000 sq.ft. in neighborhood and power centers. Growth opportunities are sought throughout southern CA during the coming 18 months, with representation by NAI Capital. Patio space is preferred. Togo’s operates more than 250 locations nationwide. The restaurants occupy spaces of 1,400 sq.ft. to 1,700 sq.ft. in community, neighborhood lifestyle centers, as well as street fronts. Growth opportunities are sought throughout Los Angeles, Inland Empire and Ventura counties in CA during the coming 18 months, with representation by NAI Capital. Preferred demographics include a population of 40,000 within two miles earning $70,000 as the average household income. Fatburger operates more than 150 locations worldwide. The restaurants occupy spaces of 1,800 sq.ft. to 2,500 sq.ft. in endcaps and pad sites of shopping centers. Growth opportunities are sought throughout southern CA during the coming 18 months, with representation by NAI Capital. For more information, contact Irwin Hyman or Jesse Paster, NAI Capital, 16001 Ventura Boulevard, Suite 200, Encino, CA 91436; 818-905-2400; Email: jpaster@naicapital.com; Web site: www.naicapital.com. U-Swirl, Inc. trades as U-Swirl, Cherry Berry, Peach Fuzz, Yogurtini, Yogli Mogli, Josie’s and Aspen Leaf at 297 locations throughout 42 states. The self-serve frozen yogurt shops prefer to occupy spaces of 1,400 sq.ft. to 4,200 sq.ft. in various retail settings. Growth opportunities are sought throughout the existing markets nationwide during the coming 18 months. For more information, contact Terry Cartwright, U-Swirl, Inc., 1175 American Pacific, Suite C, Henderson, NV 89074; 702586-8700; Email: realestate@u-swirl.com; Web site: www.u-swirl.com. Dealmakers Magazine | www.dealmakers.net
WingStreet operates more than 2,000 locations nationwide. The chain of fast-casual dining restaurants, which is a subsidiary of Pizza Hut, prefers to occupy spaces of 1,650 sq.ft. in freestanding locations. Growth opportunities are sought throughout select areas of GA, LA and TX during the coming 18 months, with representation by Investment Management Associates, Inc. Smallcakes operates more than 90 locations throughout AL, CA, CO, FL, GA, IL, IA, KS, KY, MO, NC, NE, NM, OK, SC, SD, TX and VA. The cupcakes shops prefer to occupy spaces of 1,100 sq.ft. to 1,400 sq.ft. in strip centers. Growth opportunities are sought throughout southern Broward and select areas of Miami-Dade, FL during the coming 18 months, with representation by Investment Management Associates, Inc. Preferred cotenants include grocery stores. For more information, Investment Management Associates, Inc., 1575 San Ignacio Avenue, Suite 400, Coral Gables, FL 33146; 305-661-0110, Fax 305-661-7803; Web site: www.ima-re.com. Buffalo Wild Wings Grill & Bar operates more than 1,030 locations nationwide. The restaurants, featuring a sports bar, prefer to occupy spaces of 5,500 sq.ft. to 7,500 sq.ft. in freestanding locations, second-generation restaurant sites and endcaps or pad sites of shopping centers. Growth opportunities are sought throughout Staten Island, NY, as well as New Brunswick, Lawrenceville, Princeton, Hamilton and East/West Windsor, NJ during the coming 18 months, with representation by Winick Realty Group NJ, LLC. For more information, contact Tyler Bennett, Winick Realty Group NJ, LLC, 11 Commerce Drive, Suite 205, Cranford, NJ 07016; 201-441-3511; Email: tyler@winick.com; Web site: www.winick.com.
Punjab Grill operates locations internationally. The chain of Indianinspired casual dining restaurants prefers to occupy spaces of 2,500 sq.ft. to 3,500 sq.ft. in second-generation restaurant spaces. Growth opportunities are sought throughout Washington, DC and northern VA during the coming 18 months, with representation by Thur Retail. For more information, contact Shary Thur or Robert H. Gray, Thur Retail; 703-8794960/4970; Emails: sthur@thurassociates.com and rgray@thurassociates.com; Web site: www.punjabgrill.in. Great Wraps, Inc. trades as Great Wraps at more than 80 locations throughout 18 states. The restaurants occupy spaces of 500 sq.ft. to 1,100 sq.ft. in food courts of malls, airports, colleges and military bases. Growth opportunities are sought in select markets nationwide during the coming 18 months. For more information, contact Bob Solomon, Great Wraps, Inc., 4 Executive Park East, Suite 315, Atlanta, GA 30329; 404-2489900; Email: realestate@greatwraps.com. Happy Joe’s Pizza and Ice Cream operates 52 locations throughout the Midwestern region of the U.S. The chain, offering pizza, pasta, sandwiches, salads and breakfast items, occupies spaces of 2,500 sq.ft. to 4,500 sq.ft. in freestanding locations. Plans call for four openings throughout the existing market during the coming 18 months. For more information, contact Tim Anderson, Happy Joe’s Pizza & Ice Cream, 2705 Happy Joe Drive, Bettendorf, IA 52722; 563-332-8811, Fax 563-332-5822; Email: tima@happyjoes.com; Web site: D www.happyjoes.com. M
Fatburger is seeking growth opportunities throughout southern CA during the coming 18 months. October 3, 2014 | Page 7
LEASE SIGNINGS CBRE | Hampton Roads (757-490-3300) recently negotiated the following leases throughout VA: with Trimmers & Shears Barbershop, LLC for 840 sq.ft. at Roosevelt Gardens Shopping Center in Norfolk, with Chris Read of CBRE | Hampton Roads representing the landlord in the transaction; with Wireless Works for 1,920 sq.ft. at One Price Shopping Center in Virginia Beach, with Kevin O’Keefe and Natalie Hucke of CBRE | Hampton Roads representing the tenant in the transaction and with Metro PCS for 1,020 sq.ft. at Richneck Center in Newport News, with Kevin O’Keefe and Natalie Hucke representing the tenant in the transaction.
illi Commercial Real Estate (818-501-2212) negotiated the following leases throughout CA: 10 years with Men’s Wearhouse for 11,000 sq.ft. in Woodland Hills, with Todd Nathanson and Jeffrey Shore of illi Commercial Real Estate representing the landlord; five years with The Tutoring Center for 1,186 sq.ft. along Pacific Coast Highway in Torrance, with George Ross of illi Commercial Real Estate representing the tenant and five years with 4G Wireless for 2,640 sq.ft. in Tarzana, with Todd Nathanson and Greg Offsay of illi Commercial Real Estate representing the landlord in the transaction.
H ! T R I E W D GO RKET LEYATHING LESS? A MA FOR AN LE T T E S WHY
NOW OPEN IN ALASKA & BRAZIL!
Zell Commercial Real Estate Services, Inc. (602-248-0600) recently negotiated a lease with The Vitamin Shoppe for 3,867 sq.ft. at Foothills Park Place Shopping Center in Phoenix, AZ. Bryan Ledbetter of Zell Commercial Real Estate Services, Inc. represented the landlord in the transaction.
AutoZone, a publicly-traded Fortune 500 company, is the #1 auto parts retailer in America. We have over 4,800 stores in 49 states, the District of Columbia and Puerto Rico in the U.S., over 360 stores in Mexico, and have recently opened in Brazil.
✓ GROWING STRONG… Over 5,200 stores, and we open more every week ✓ STORES THAT ARE 100% COMPANY OWNED AND OPERATED… No franchises ✓ FINANCIALLY DISCIPLINED… We make the right decisions to protect our shareholders ✓ RELIABLE… Whether purchase money or rent, our funds will be there…on time, every time
First Western Properties (773-545-2000) recently negotiated a five-year lease with Adams School of Driving for space along Harlem Avenue in Glenview, IL. DM
For site criteria and contact information go to www.autozonerealestate.com or simply use your smartphone to scan the QR code ©2014 AutoZone, Inc. All Rights Reserved. AutoZone and design are registered marks of AutoZone Parts, Inc.
AZXXXXRealEstateMagazineAd Page 8 | October 3, 2014 FY13.indd
2
Mid-America Real Estate – Wisconsin, LLC (414-273-4600) recently negotiated the following leases throughout WI: with Endurance House for 3,460 sq.ft. at Hillside Terrace, located at the intersection of Highway 83 and Hillside Drive in Delafield, with Teresa Shemitis of Mid-America Real Estate – Wisconsin, LLC representing the landlord in the transaction; with Starbucks for 3,356 sq.ft. along West Bluemound Road in Brookfield, with Tony Colvin of Mid-America Real Estate – Wisconsin, LLC representing the tenant in the transaction; with T-Mobile for 2,098 sq.ft. at Underwood Crossings, located along West Bluemound Road in Brookfield, with Teresa Shemitis representing the landlord in the transaction; with AT&T Mobility for 1,650 sq.ft. at Frances Pointe Shopping Center, located along Frances Lane in Beaver Dam, with Adam Dreier of Mid-America Real Estate – Wisconsin, LLC representing the tenant in the transaction; with Papa John’s for 1,400 sq.ft. at Highland Ridge, located along Falls Road in Grafton, with Andrew Prater of Mid-America Real Estate – Wisconsin, LLC representing the landlord in the transaction and with Hobby Lobby for 52,819 sq.ft. at Southport Plaza, located along Green Bay Road in Kenosha, with Teresa Shemitis and Daniel Rosenfeld of Mid-America Real Estate – Wisconsin, LLC representing the landlord in the transaction. The company also negotiated the following lease renewals throughout WI: with PetSmart for 20,100 sq.ft. along Rib Mountain Drive in Wausau, with Adam Dreier and Dan Cohen of Mid-America Real Estate – Wisconsin, LLC representing the tenant in the transaction; with Lectric Beach Tanning for 2,730 sq.ft. at Moorland Commons, located along West Beloit Road in New Berlin, with Daniel Rosenfeld and Katrina Niederer of Mid-America Real Estate – Wisconsin, LLC representing the landlord in the transaction and with Brew City for 1,300 sq.ft. at Shops of Grand Avenue, located along West Wisconsin Avenue in Milwaukee, with Teresa Shemitis and Dan Rosenfeld representing the landlord in the transaction.
2/3/14 9:33 AM
Dealmakers Magazine | www.dealmakers.net
WHO’S OPENING AND WHERE Muscle Maker Grill (732-669-1205) is planning to open 22 locations throughout AZ, CA, FL, IL, MA, NC, NE, NJ, NY and TX. The company offers health-conscious fare and currently operates locations nationwide. Miami Subs Capital Partners, Inc. (954) 973-0000) is launching a new Miami Grill concept restaurant. The concept will feature healthy menu options, beer and wine, and offer charging stations for mobile devices and flat screen televisions. The company is currently planning to develop 275 Miami Grill restaurants worldwide and operates 40 Miami Subs locations, most of which are in southern FL. Fresh Thyme Farmers Market (844-2188032) is planning to open grocery stores at Troy Commons, located at the intersection of Big Beaver Road and Rochester Road in Troy, MI; at Hampton Plaza, located at the intersection of Hamlin Road and Rochester Hills Road in Rochester Hills, MI and at Benton’s Crossing along Sheldon Road in Northville, MI, along with a site in Farmington Hills, MI during 2016. The chain of specialty supermarkets is focusing on expansion throughout the Midwest. Tom + Chee (614-710-1176) is slated to open six restaurants, including locations in Indianapolis, IN and Omaha, NE. Future plans call for franchised expansion of an additional 10 to 12 locations. The company, offering soups, salads, sandwiches and breakfast items, currently operates 13 fast-casual restaurants. Vapor Group, Inc. (954-792-8450), through franchised expansion, is planning to open 10 Total Vapor electronic cigarette stores in metropolitan areas throughout FL. The company is also exploring franchised growth throughout CT, DE, MD, NC, NJ, NY, PA, VA and Washington, DC.
Nordstrom, Inc. (206-628-2111) is planning to open a 31,000 sq.ft. Nordstrom Rack store at The Shops at Midtown Miami in Miami, FL during spring 2015. The company will join Target, Ross Dress for Less, HomeGoods and The Sports Authority at the shopping center. The chain offers apparel, footwear and accessories for men and women, and currently operates more than 270 locations nationwide throughout 36 states, trading as Nordstrom at 116 locations, Nordstrom Rack at 151 locations, Jeffrey boutique at two locations and one clearance outlet. Capriotti’s Sandwich Shop (213-988-8344), through a franchisee, is planning to open 12 restaurants throughout the Washington, DC area during the coming two years. The company currently operates more than 100 company-owned and franchised locations throughout AZ, CA, DE, FL, IA, MA, MD, NC, NV, PA, TX, UT, WI and Washington, DC. La Cima Restaurant Group, LLC (972-2126872) is planning to open a minimum of six Twin Peaks restaurants throughout the Tampa, FL market, including locations in Clearwater and St. Petersburg. The chain of mountain lodge themed restaurants currently operates six locations throughout FL, GA, NC, SC and TN. Cabela’s, Inc. (308-254-5505) is planning to open an 82,000 sq.ft. Cabela’s in West Chester, OH during fall 2015. It will be the company’s second store in the state. The chain, offering hunting, fishing, camping, hiking and other outdoor-related equipment, apparel and gear, currently operates more than 60 locations nationwide.
Old Time Pottery (615-890-6060) is planning to open an 84,180 sq.ft. store at the site of a former Kmart in Orange, FL during summer 2015. The company, offering closeout and overstock housewares, decorations and craft supplies, currently operates 36 locations nationwide with plans to open four additional locations during 2015. Monroe Muffler Brake, Inc. (800-876-6676), over the next several years, is planning to open Monroe Muffler automotive service centers east of the Mississippi River, and is looking to enter GA. The company currently operates 1,005 locations nationwide. Rouses Market (985-447-5998) is planning to open two supermarkets in Baton Rouge, LA next year. The company currently operates nearly 50 grocery stores throughout AL, LA and MS. Goodwill Industries (503-238-6100) recently opened a new concept store trading as Gina + Will along 5th Street Southeast in the Dinkytown neighborhood of Minneapolis, MN. The store will feature trendy and casual apparel, shoes and accessories aimed at a college-aged demographic. The Wet Seal, Inc. (949-699-3900) is rolling out its new plus-size store concept. The company, offering apparel, accessories and footwear for teen girls and young women, currently operates 532 locations throughout 47 states and Puerto Rico. Dick’s Sporting Goods, Inc. (724-2733400) is planning to open a 50,000 sq.ft. Field & Stream store at Capital City Mall in Harrisburg, PA during 2015. DM
Boneheads (855-347-4433) is planning to open its second location in Memphis, TN during 2015. The chain of casual dining restaurants currently operates 10 locations throughout AR, GA, LA, NC, TN and TX. Sweet Arleen’s (805-373-7373), through franchised expansion, is planning to open five bakeries during 2015, including a location in the Las Vegas, NV market. The company currently operates four locations throughout CA, TX and UT. The Kroger Co. (513-762-4000) is planning to open an 114,000 sq.ft. Kroger Marketplace at Burleson Commons, a shopping center located in Burleson, TX. Dealmakers Magazine | www.dealmakers.net
Old Time Pottery is planning to open a store in Orange, FL during summer 2015. October 3, 2014 | Page 9
SUPERMARKET CHAINS EXPAND NATIONWIDE (continued from page one)
Save-A-Lot, Ltd. trades as Save-A-Lot at 130 locations throughout FL. The supermarkets occupy spaces of 12,000 sq.ft. to 18,000 sq.ft. in freestanding locations and endcaps and inline spaces of shopping centers. Plans call for 15 to 25 openings throughout the existing market during the coming 18 months. Preferred demographics include a minimum trade-area population of 30,000 in primary areas and 20,000 in rural areas earning up to $45,000 as the median household income. The company prefers to locate in valueoriented retail trade-areas with a minimum traffic count of 15,000 vehicles.
For more information, contact Neil Kirchoff, Save-A-Lot, Ltd., 4075 B South GoldenRod Road, Orlando, FL 32822-5622; 407-491-0482; Email: neil.k.kirchoff@savealot.com; Web site: www.save-a-lot.com. Sedano’s Supermarkets operates 34 locations throughout central and southern FL. The supermarkets occupy spaces of 25,000 sq.ft. to 45,000 sq.ft. in freestanding locations, neighborhood and power centers. Growth opportunities are sought throughout southern FL during the coming 18 months. Typical leases run five years with four,
five-year options. Preferred demographics include a population of 25,000 within a three-mile radius. The company prefers to locate in areas with high pedestrian and vehicular traffic counts. For more information, contact Damon DelRossi, Sedano’s Supermarkets, 8500 SW 8th Street, Suite 228, Miami, FL 33144; 305-262-6533, Fax 305-262-4118; Email: damon@greccorp.com; Web site: www.sedanos.com. RBG MGMT Corp. trades as Morton Williams at 12 locations throughout NJ and NY. The supermarkets occupy spaces of 10,000 sq.ft. in freestanding locations and inline spaces of shopping centers. Growth opportunities are sought throughout Manhattan, NY during the coming 18 months. For more information, contact Morton Sloan, RBG MGMT Corp., 15 East Kingsbridge Road, Bronx, NY 10468; 718-933-5910, Fax 718-364-7664; Email: mortonsloan@mortonwilliams.com; Web site: www.mortonwilliams.com. Aldi, Inc. trades as Aldi at more than 1,200 locations nationwide in 32 states. The supermarkets occupy spaces of 15,000 sq.ft. to 18,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout NC, SC and in Richmond, Virginia Beach and southern VA during the coming 18 months. The company prefers to build sites from the ground up. For more information, contact Kim Sigmon, Aldi, Inc., 1985 Old Union Church, Salisbury, NC 28146; 704-642-0023. Foodland Supermarket, Ltd. trades as Foodland and Sack N Save at 41 locations throughout HI. The supermarkets occupy spaces of 30,000 sq.ft. in strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. For more information, contact Todd Hondo, Foodland Supermarket, Ltd., 3536 Harding Avenue, Honolulu, HI 96816; 808732-0791; Email: thondo@sullivanfamilyco. com; Web site: www.foodland.com. AB Supermarket trades as Key Food Marketplace at two locations in NY. The supermarkets occupy spaces of 21,100 sq.ft. in strip centers. Growth opportunities are sought in Brooklyn, NY during the coming 18 months. For more information, contact Anthony Bileddo, AB Supermarket, 153 7th Street, Garden City, NY 11530; 516742-2713, Fax 516-739-8343; Email: abileddo@keyfoodmarketplace.com. DM
Page 10 | October 3, 2014
Dealmakers Magazine | www.dealmakers.net
LEAD SHEET OCH International, Inc. dba Oil Can Henry’s Mike Shepanek 19150 Southwest 90th Avenue Tualatin, OR 97062 503-783-3888, Fax 503-783-3850 Web site: www.oilcanhenry.com
Automotive The 90-unit chain operates locations throughout AZ, CA, CO, ID, OR and WA. The automotive service centers occupy freestanding locations or pad sites of malls and urban/downtown areas on land areas of 15,000 sq.ft. Plans call for three openings throughout the existing markets during the coming 18 months. Typical leases run 15 years. Major competitors include Jiffy Lube.
Rodi Automotive, Inc. dba Auto Barn Stores Herbert Blumberg 450 Jericho Turnpike Mineola, NY 11501 516-484-9500 Ext. 232, Fax 516-484-4341 Email: herb@autobarn.com Web site: www.autobarn.com
Automotive The three-unit chain operates locations throughout Lynbrook, Mineola and Woodside, NY. The stores, offering automotive parts and supplies, occupy spaces of 4,000 sq.ft. to 6,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout Long Island and Queens, NY during the coming 18 months. Typical leases run 15 years. A vanilla shell and specific improvements are required. Major competitors include AutoZone, PepBoys and Advance Auto Parts.
Transamerican Worldwide, LLC dba Four Wheel Parts Performance Centers Bob Batsch 400 West Artesia Boulevard Compton, CA 90220 310-900-5500 Ext. 5573, Fax 310-747-3909 Email: customerservice@4wheelparts.com Web site: www.4wheelparts.com
Automotive The 65-unit chain operates locations throughout AZ, CA, CO, FL, GA, HI, IN, LA, NC, NM, NV, OH, OK, OR, TN, TX, UT and WA, as well as in Canada. The stores, offering automotive parts and supplies, occupy spaces of 10,000 sq.ft. to 15,000 sq.ft. in freestanding locations. Plans call for five to eight openings nationwide and in Canada during the coming 18 months.
Bealls, Inc. dba Bealls Department Stores Stan Farnowski 1806 38th Avenue East Bradenton, FL 34208 941-744-4638, Fax 941-747-9435 Web site: www.beallsflorida.com
Department Store The chain operates more than 75 locations throughout FL. The department stores occupy spaces of 40,000 sq.ft. to 50,000 sq.ft. in malls, lifestyle, power and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run 10 to 15 years with options. Preferred cotenants include grocery, discount and electronic stores, as well as home improvement and sporting goods retailers. Preferred demographics include a population of 100,000 within five miles earning $50,000 as the average household income. Major competitors include department stores. A land area of eight acres is required.
National Stores, Inc. dba Fallas Paredes, Fallas Discount Stores and Factory 2U Alejandra Godoy or Rob Langer 15001 South Figueroa Street Gardena, CA 90248 310-984-3835, Fax 310-324-2539 Email: agodoy@nationalstoresinc.com and rlanger@nationalstoresinc.com Web site: www.nationalstoresinc.com
Department Store The chain operates more than 200 locations throughout AZ, CA, FL, IL, NM, NV and TX. The stores, offering family apparel, footwear and home décor items, occupy spaces of 18,000 sq.ft. to 22,000 sq.ft. in freestanding locations, power, specialty and strip centers, as well as urban/ downtown areas. Growth opportunities are sought throughout AZ, CA, FL, Chicago, IL and NM, NV and TX during the coming 18 months. Preferred demographics include a population of 20,000 within one mile earning $25,000 to $45,000 as the average household income. For additional information regarding expansion throughout FL and TX, contact Shawn Ackerman, Henry S. Miller Brokerage, LLC, 713-386-1088; Email: shawnackerman@henrysmiller.com. For additional information regarding expansion throughout AZ, CA, Chicago, IL, NM and NV, contact Richard Rizika, CB Richard Ellis, Inc., 310-363-4870; Email: richard.rizika@cbre.com.
Stein Mart David Darr c/o The Place Commercial Real Estate 12050 Vance Jackson, Suite 102 San Antonio, TX 78230 210-525-0131, Fax 210-366-0571 Email: david@theplacesa.com Web site: www.theplacesa.com
Department Store The chain operates more than 260 locations throughout AL, AR, AZ, CA, CO, FL, GA, IL, IN, KS, KY, LA, MA, MI, MO, MS, NC, NJ, NV, NY, OH, OK, PA, SC, TN, TX, UT, VA and WI. The department stores, offering apparel, accessories, footwear and home décor items, occupy spaces of 30,000 sq.ft. to 32,000 sq.ft. in power, specialty and strip centers. Growth opportunities are sought throughout AR, LA, OK and TX during the coming 18 months, with representation by The Place Commercial Real Estate. Preferred demographics include a population of 150,000 within five miles. The company prefers to locate in affluent areas.
Dealmakers Magazine | www.dealmakers.net
October 3, 2014 | Page 11
LEAD SHEET Family Dollar Stores, Inc. dba Family Dollar Department of Real Estate PO Box 1017 Charlotte, NC 28201 704-847-6961 Email: realestate@familydollar.com Web site: www.familydollar.com
Discount The 8,042-unit chain operates locations throughout 46 states nationwide. The stores, offering discounted general merchandise, apparel, household items, health and beauty products and seasonal merchandise, occupy spaces of 8,000 sq.ft. to 10,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout existing markets nationwide during the coming 18 months.
Kinney Drugs Dave McClure 315-287-1500, Fax 315-287-4291 Email: davemcclure@kinneydrugs.com Web site: www.kinneydrugs.com
Drug Store The 102-unit chain operates locations throughout NY and VT. The drug stores occupy spaces of 11,550 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 15 to 20 years. A vanilla shell and specific improvements are required. Major competitors include Rite Aid and Walgreens.
Family Amusement, Inc. dba Replay, Nickelodeon and Times Square Carl Schmitt 1330 London Lane Glenview, IL 60025 847-486-9730, Fax 847-486-9730 Email: littletiger@msn.com Web site: www.familyamusement.com
Entertainment The six-unit chain operates locations throughout the Midstates region of the U.S. The family amusement centers occupy spaces of 1,500 sq.ft. to 4,000 sq.ft. in regional malls, lifestyle and entertainment centers. Plans call for two openings throughout the Midwestern region of the U.S. during the coming 18 months. Typical leases run three to five years. Preferred cotenants include movie theaters and restaurants in food courts.
H&R Block Neil Denenberg c/o Denenberg Realty Advisors 230 Commercial Street Boston, MA 02109 617-720-5656, 617-720-5676 Email: neil@denenbergrealty.com Web site: www.hrblock.com
Finance The 14,000-unit chain operates locations nationwide and in Canada and internationally. The financial service centers occupy spaces of 1,200 sq.ft. in freestanding locations and inline and endcaps of mixed-use and power centers. Growth opportunities are sought throughout MA during the coming 18 months, with representation by Denenberg Realty Advisors.
Onelife Fitness John Mitchell c/o JBG Rosenfeld Retail 4445 Willard Avenue, Suite 700 Chevy Chase, MD 20815 301-657-0700, Fax 301-657-9850 Email: jmitchell@jbgr.com Web site: www.onelifefitness.com
Fitness The 10-unit chain operates locations throughout MO and VA. The fitness centers occupy spaces of 40,000 sq.ft. to 60,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout MD, VA and Washington, DC during the coming 18 months, with representation by JBG Rosenfeld Retail.
ALCO Stores, Inc. dba ALCO Discount Stores Debbie Harkness 751 Freeport Parkway Coppell, TX 75019 469-322-2900 Ext. 1053 Email: dharkness@alcostores.com Web site: www.alcostores.com
General Merchandise The 205-unit chain operates locations throughout AR, AZ, CO, FL, GA, IA, ID, IL, IN, KS, MN, MT, ND, NE, NM, OH, OK, SD, TX, UT, WI and WY. The stores, offering appliances, electronics, outdoor products, housewares and apparel items, occupy spaces of 20,000 sq.ft. to 26,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout MT, ND, TX and UT during the coming 18 months. Typical leases run 15 years with three, fiveyear options. Preferred cotenants include grocery stores. Major competitors include Kmart, Pamida, Shopko, Target and Walmart. The company prefers to locate in rural markets.
Page 12 | October 3, 2014
Dealmakers Magazine | www.dealmakers.net
LEAD SHEET Lot-Less Close Outs, Inc. dba Lot-Less Close Outs Raymond Cohen 305 Broadway, Room 502 New York, NY 10007 212-406-0080 Ext. 108 Web site: www.lot-less.com
General Merchandise The 10-unit chain operates locations throughout NJ and NY. The stores, offering discounted apparel, electronics, gourmet food items, health and beauty products and housewares, occupy spaces of 10,000 sq.ft. to 20,000 sq.ft. in downtown areas. Growth opportunities are sought throughout northern NJ and the New York, NY metropolitan area during the coming 18 months.
Great Clips, Inc. dba Great Clips Nate Ohme 4400 West 78th Street, Suite 700 Minneapolis, MN 55435 925-406-1957 Email: nate.ohme@greatclips.com Web site: www.greatclips.com
Hair The 3,500-unit chain operates locations nationwide and in Canada. The hair salons occupy spaces of 900 sq.ft. to 1,200 sq.ft. in power and strip centers. Growth opportunities are sought throughout IA, IL (excluding Chicago), KS, MN, MO, ND, NE, NY, SD and WI, as well as in Ontario, Canada during the coming 18 months. Preferred cotenants include grocery stores.
Sport Clips Jesse Paster c/o NAI Capital 16001 Ventura Boulevard, Suite 200 Encino, CA 91436 818-742-1624 Email: jpaster@naicapital.com
Hair The chain operates more than 1,200 locations nationwide and in Canada. The hair salons for men and boys prefer to occupy various size spaces in retail settings. Growth opportunities are sought throughout southern CA during the coming 18 months, with representation by NAI Capital.
Bizou International, Inc. dba Bizou Dave Kelly 1490 3rd Avenue Sainte-Marie, Quebec, Canada G6E 3T9 418-387-8481, Fax 418-387-8404 Web site: www.bizou.com
Jewelry/Accessories The 110-unit chain operates locations throughout Canada. The stores, offering accessories and jewelry, occupy spaces of 200 sq.ft. to 1,000 sq.ft. in malls, lifestyle centers and urban/ downtown areas. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run seven to 10 years.
Chain Reaction, Inc. dba CR Jewelers Diamond Outlet Donald Weinburg 6413 Congress Avenue, Suite 200 Boca Raton, FL 33487 888-989-9899 Email: customerservice@crjewelers.com Web site: www.crjewelers.com
Jewelry The five-unit chain operates locations throughout FL, MD, NJ and VA. The jewelry stores occupy spaces of 800 sq.ft. to 1,200 sq.ft. in malls. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run seven years.
New Look Eyewear, Inc. dba New Look Eyewear, Vogue Optical and Greiche & Scaff Jean-Luc Deschamps 4405 Chemin du Bois-Franc Montreal, Quebec, Canada H4S 1A8 514-904-5665 Ext. 4236, Fax 514-904-5675 Email: jldeschamps@newlook.ca Web site: www.newlook.ca
Optical The 190-unit chain operates locations throughout Canada. New Look Eyewear occupies spaces of 1,200 sq.ft. to 1,500 sq.ft. in smaller markets for its express centers and spaces of 2,500 sq.ft. to 3,300 sq.ft. in freestanding locations and pad sites of power and regional enclosed shopping centers, as well as urban/downtown areas. Growth opportunities are sought throughout Ottawa, Quebec and eastern Ontario areas in Canada during the coming 18 months. Vogue Optical occupies spaces of 1,500 sq.ft. to 3,000 sq.ft. and is seeking expansion opportunities during the coming 18 months throughout New Brunswick, Newfoundland/Labrador, Nova Scotia, Prince Edward Island and Saskatchewan, Canada.
Dealmakers Magazine | www.dealmakers.net
October 3, 2014 | Page 13
LEAD SHEET Hand & Stone – Massage and Facial Spa Marianne Adamo c/o Saugatuck Commercial Real Estate, LLC 9 Burr Road Westport, CT 06880 203-222-4194 Email: madamo@saugatuckcommercial.com Web site: www.saugatuckcommercial.com
Service The chain operates more than 85 locations throughout AZ, CA, CO, CT, DE, FL, IL, MD, MI, MO, NC, NJ, NY, OR, PA, SC, TX, VA, WA, WI and Canada. The facilities, offering massage, facial and waxing services, occupy spaces of 2,000 sq.ft. to 3,500 sq.ft. in strip centers. Growth opportunities are sought throughout CT and Dutchess and Westchester counties in NY during the coming 18 months, with representation by Saugatuck Commercial Real Estate, LLC.
Laurie’s Shoes, Inc. dba Laurie’s Shoes Mark Waldman 9916 Manchester Road St. Louis, MO 63122 314-961-7092, Fax 314-961-7092 Email: mark@lauriesshoes.com Web site: www.lauriesshoes.com
Shoes The five-unit chain operates locations throughout MO. The shoe stores occupy spaces of 1,000 sq.ft. to 3,000 sq.ft. in freestanding locations, malls and strip centers. Growth opportunities are sought throughout IL, KS and MO during the coming 18 months. Typical leases run three years. The company prefers to locate in affluent areas.
Shoe Fly Shoe, Inc. dba Irving Shoes, New Balance and Shoe Fly Stores Todd Lewis PO Box 26 Tyrone, PA 16686 814-684-6040, Fax 814-684-6097 Email: todd@shoeflyshoe.com
Shoes The eight-unit chain operates locations throughout KY, MD, NY and PA. The shoe stores occupy spaces of 2,500 sq.ft. in strip centers. Plans call for one to two openings throughout KY, MD, PA, VA and WV during the coming 18 months.
Shoe Show, Inc. dba Shoe Dept., Shoe Dept. Encore, Shoe Show and Shoe Show Mega Store Paul Kiratzis PO Box 648 Concord, NC 28026 724-519-8933 Email: pkiratzis@shoeshow.com Web site: www.shoeshow.com
Shoes The chain operates 1,132 locations nationwide in 39 states. The family shoe stores occupy spaces of 3,000 sq.ft. to 12,000 sq.ft. in freestanding locations, malls, lifestyle and power centers, as well as urban/downtown areas. Growth opportunities are sought throughout the eastern, midstates and western regions of the U.S. during the coming 18 months.
Color, Inc. dba Crabby Jack’s General Store Al Shameklis 47 October Hill Road Holliston, MA 01746 508-474-2900 Ext. 2987, Fax 508-474-2800 Email: al@thecolorstores.com Web site: www.thecolorstores.com
Specialty The eight-unit chain operates locations nationwide. The stores, offering novelty items, gifts, food and beverages, as well as convenience items, occupy spaces of 1,500 sq.ft. to 5,000 sq.ft. in lifestyle, specialty and tourist centers. Growth opportunities are sought throughout the existing market 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 3, 2014
Dealmakers Magazine | www.dealmakers.net
ACQUISITION CENTERS OR RETAIL BUILDINGS • Stabilized or Rehab or Vacant • Superior locations • Flexible and can close quickly • All cash
FOR LEASE | Southern California • West Los Angeles • Hollywood • Pasadena
• San Fernando • Panorama City • Arleta • Highland Park
• Norwalk • Compton • Inglewood
• Covina • West Covina • La Puente
• Pomona • Riverside • Ontario • Corona • Rialto • Colton • San Bernardino • Needles
VISIT OUR BOOTH AT ICSC SAN DIEGO: 629 6399 Wilshire Boulevard, Suite 604 Los Angeles, CA 90048-5709 tel: 323.653.3777 • www.reliableproperties.com
TENANT REPS AND EXCLUSIVES Winick Realty Group (212-441-3511) is representing 18|8 Fine Men’s Salons with its expansion plans throughout NJ and Long Island, NY. The 300-unit chain of salons occupies spaces of 1,500 sq.ft. to 2,000 sq.ft. The company is also representing World of Beer with its expansion plans throughout the five boroughs of New York, NY, as well as in Long Island. The company, offering a selection of 500 craft beers, prefers to occupy spaces of 3,500 sq.ft. to 5,000 sq.ft. on the ground floor with outdoor seating. Preferred site locations include areas with dense residential populations in close proximity to colleges, transportation hubs and central business districts. CBRE | Fameco (877-227-3330) is representing Robeks with its expansion plans throughout Philadelphia, Montgomery, Bucks, Delaware, Chester and New Castle counties. The chain of smoothie and juice bars occupies spaces of 700 sq.ft. to 1,200 sq.ft. in traditional shopping centers and 250 sq.ft. to 700 sq.ft. in nontraditional retail or office spaces. Preferred demographics include a trade-area population earning $60,000 as the median household income.
REAL ESTATE PROFESSIONALS MAKING THE NEWS
BoulderGoat Consultants, LLC (615-6361500) is representing Sanifair, LLC with its expansion plans nationwide. The payto-use restroom facilities occupy spaces of 800 sq.ft. in power, strip, mixed-use, outlet, value, entertainment and specialty centers, freestanding locations, urban/ downtown areas, regional malls and tourist locations. The company currently operates 400 locations throughout Europe. Typical leases run 10 years, with two, five-year renewal options.
Lane4 Property Group (816-268-9108) recently hired Devin Schuster as vice president. In his new position, Schuster will concentrate on retail tenant representation and project leasing throughout the Kansas City metropolitan and surrounding areas. Prior to joining the company, Schuster served as vice president at Zimmer Real Estate Services. The company specializes in project leasing, tenant representation, development and property management services throughout the Midwest.
Renaud Consulting (703-404-2346) has been appointed by iStar Financial as the property manager of Village Center at Belmont Greene, a 60,000 sq.ft. neighborhood shopping center located along Belmont Ridge Road in Ashburn, VA. CVS and Wells Fargo anchor the site.
SRS Real Estate Partners (214-560-3215) recently hired Mike Duffy as a senior associate at the firm’s Phoenix, AZ office. In his new role, Duffy will focus on landlord and tenant representation, as well as land brokerage. Prior to joining the company, Duffy served at ESCEE Commercial Properties.
Koniver Stern Group (305-532-6100) is representing Huahua’s Taqueria with its expansion plans throughout Broward and Miami-Dade counties in FL. The fast-casual Mexican-inspired restaurants occupy spaces of 1,800 sq.ft. to 2,400 sq.ft. in areas with a strong daytime D population. M
The Boulder Group (847-562-0003) recently hired Jordan Kaufman as vice president. The company is a boutique investment firm specializing in single-tenant net D M lease properties.
Let the DeaLmakers’ e-maiL Forums Lease anD seLL Your ProPertY For Free
SOURCES OF FINANCING CBRE | New England negotiated $45 million in construction financing for The Shoppes at Latham Circle, a 370,000 sq.ft. shopping center anchored by Walmart Supercenter in Latham, NY. For more information, contact Kara DeMichele, CBRE | New England, 33 Arch Street, 28th Floor, Boston, MA 02110; 617912-7038; Email: kara.demichele@cbre-ne.com. Pacific Funding Partners, Inc. offers financing from $5 million to $75 million for retail properties. Loans feature interest rates from 8.99% to 14% and loan-to-value rates of up to 80%. For more information, contact Mitch Holland, Pacific Funding Partners, Inc.; 619215-5050; Email: info@pacfundpartners.com.
Join over 118,900 members looking to acquire, sell, lease and finance all types of commercial real estate. We’re the place to list your center’s availabilities and to find that perfect site. No matter the economy, these forums make sense and, best of all, they’re free! Sign up today at www.dealmakerS.net/Free-email-ForumS Page 16 | October 3, 2014
Dockerty Romer & Co. recently negotiated $2.2 million in financing for Sandy East Plaza, a 12,000 sq.ft. retail center in Jensen Beach, FL. For more information, contact Joseph Hepp, Dockerty Romer & Co., 70 Southeast 4th Avenue, Delray Beach, FL 33483; 561-330-8000; Email: jhepp@dockertyromer.com. DM Dealmakers Magazine | www.dealmakers.net
SPACE PLACE California
Connecticut
Florida
Antioch – A 24,829 sq.ft. parcel, with a potential drive thru, is available at the intersection of West 10th Street and L Street. Area retailers include Costco Wholesale, Big Lots, Dollar Tree and 99 Cents Only. Area demographics include a population of 70,677 within three miles earning $59,783 as the median household income. For more information, contact Nick Schmidter or Aaron Dan, Lockehouse, 433 Airport Boulevard, Suite 426, Burlingame, CA 94010; 650-548-2688/2676; Email: nick@lockehouse.com; Web site: www.lockehouse.com.
Bob’s Stores, Staples, Payless Shoe Source, Sprint, GameStop, Supercuts, Weight Watchers, Citibank, Panera Bread and Wendy’s. Area demographics include a population of 154,358 within five miles earning $65,296 as the average household income. For more information, contact Penny Wickey or Dan Neaton, Saugatuck Commercial Real Estate, LLC, 9 Burr Road, Westport, CT 06880; 203-222-4194/4188; Email: pwickey@saugatuckcommercial.com; Web site: www.saugatuckcommercial.com.
Miramar – Crosstown Shoppes, a 16,000 sq.ft. strip center located at the intersection of Red Road and Miramar Parkway, has two spaces of 1,155 sq.ft. available, along with a space of 1,200 sq.ft. Cotenants include Allstate, NOLA Dance Studio and La Parilla Rotisserie & Grill. Area demographics include a population of 427,687 within five miles earning $65,836 as the average household income. The average daily traffic count is 96,000 vehicles.
Newark – Newark Marketplace, a 167,789 sq.ft. neighborhood center located at the intersection of Newark Boulevard and Jarvis Avenue, has spaces of 960 sq.ft., 1,017 sq.ft., 1,055 sq.ft. and 3,696 sq.ft. available, along with a 41,706 sq.ft. anchor space. Cotenants include Safeway, Ross Dress for Less, IHOP, Wells Fargo, The Beauty Lounge, Cigarette World, Gamestop, Supercuts, Baskin Robbins and Panda Express. Area demographics include a population of 284,686 within five miles earning $99,626 as the average household income. For more information, contact Dixie Divine or Doug Ferrari, Prime Commercial, Inc., 1543 Lafayette Street, Suite C, Santa Clara, CA 95050; 408-8794001/4002, Fax 408-879-4004; Email: ddivine@primecommercialinc.com; Web site: www.primecommercialinc.com.
(continued on page eighteen)
Reach oveR 55,000 Retail Real estate decision makeRs with just one click.
Real estate auctions narrow windows for marketing opportunities make e-Blasts essential.
developeRs & BRokeRs Retail real estate for lease and for sale moves fast with quality e-Blast leads.
Connecticut Plainville – Up to 80,000 sq.ft., along with three pad sites, are available for ground lease or build to suit on a 13-acre site located along New Britain Avenue. Area retailers include Lowe’s, Kohl’s, Dick’s Sporting Goods, Loews Cinema, DSW, Famous Footwear, Old Navy and Marshalls. Area demographics include a population of 159,527 within five miles earning $72,315 as the average household income. For more information, contact Ralph Calabrese or Tony Valenti, Calabrese Agency, 553 Plank Road, Waterbury, CT 06705; 203-573-0342, Fax 203-755-7962; Email: rlc@calabreseagency.com; Web site: www.calabreseagency.com. Waterbury – Naugatuck Shopping Center, a 383,800 sq.ft. regional power center located at the intersection of Wolcott Street and Stillson Road, has spaces of 4,520 sq.ft., 20,245 sq.ft. and 35,000 sq.ft. available. Cotenants include Walmart, Stop & Shop, Dealmakers Magazine | www.dealmakers.net
RetaileRs expedite the site selection process and gain more opportunities.
seRvice pRovideRs decision makers look for key vendors and resources to enhance operations and cash flow.
disposition companies move sites quickly with e-Blasts.
For more information, call 1-800-732-5856 or visit www.eblast.net October 3, 2014 | Page 17
SPACE PLACE
Are you looking for restaurant or quick-service chains and new food concepts? Look no further. Find restaurant chains and food concepts to fill your space. Use FoodTenants.com FoodTenants.com gives you access to contact information on over 1,000 restaurant chains and emerging food concepts looking to expand.
Visit FoodTenants.com for a demo today!
Find tenants to fill your freestanding sites. Find tenants that occupy freestanding locations. Use FreestandingTenants.com. FreestandingTenants.com gets you access to the real estate decision maker for over 2,000 retailers looking to occupy freestanding, single-tenant and outparcel locations. The directory includes national and regional chains in addition to new concepts with 60+ types of retail uses. Visit FreestandingTenants.com for a demo today!
Florida (continued from page seventeen)
For more information, contact Yasha Lichtschein, Investment Management Associates, Inc., 1575 San Ignacio Avenue, Suite 400, Coral Gables, FL 33146; 305661-0110, Fax 305-661-7803; Web site: www.ima-re.com. Sarasota – Paradise Plaza, a 139,707 sq.ft. center located along South Osprey Avenue, has spaces of 639 sq.ft., 1,399 sq.ft. and 8,947 sq.ft. available. Cotenants include Publix, CVS, Petco, The UPS Store, Pure Barre Fitness, Hand & Stone Massage, Smoothie King, TCBY and Einstein Bros. Bagels. Area demographics include a population of 145,411 within five miles earning $64,550 as the average household income. For more information, contact Tracy Worrell, Crossman & Co., 855-423-5400; Email: tworrell@crossmanco.com; Web site: www.crossmanco.com.
Illinois Chicago – A 7,497 sq.ft. center located at the intersection of North Jefferson Street and Lake Street, has a space of 1,500 sq.ft. available. Cotenants include Sarpino’s Pizza, Subway, Zenba Mexican Grill and Nail 2ne1. Area demographics include a population of 363,773 within three miles earning $106,271 as the average household income. For more information, contact Jaime Platt Bertsche or Samantha Spinell, Mid-America Asset Management, Inc., One Parkview Plaza, 9th Floor, Oakbrook Terrace, IL 60181; 630-954-7223/7220, Fax 630-954-7306; Email: jbertsche@midamericagrp.com; Web site: www.midamericagrp.com. Chicago – A 3,200 sq.ft. retail/restaurant space is available at Loyola University’s Granada Center located along North Sheridan Road. Area retailers include CVS, BMO Harris Bank, Radio Shack, Subway, Café Descarte, Five Guys Famous Burgers & Fries and Red Mango. The asking rent is $25 to $30 psf NNN. For more information, contact Scott Fithian, The Lord Cos. LLC, 1033 West Van Buren Street, 7th Floor, Chicago, IL 60607; 773-404-4314, Fax 312-944-3759; Web site: www.lordcompanies.com. Frankfort – Frankfort Town Center, located at the intersection of LaGrange Road and Colorado Avenue, has spaces of 900 sq.ft. and 1,200 sq.ft. available. Cotenants include Walt’s Food Center, Energy Nutrition,
Page 18 | October 3, 2014
Dealmakers Magazine | www.dealmakers.net
SPACE PLACE Illinois
Indiana
New Jersey
Starbucks, Subway, Curves, Chef Klaus and Burger King. Area demographics include a population of 131,712 within five miles earning $100,429 as the average annual income. Orland Park – A 3,100 sq.ft. retail space is available at the intersection of South LaGrange Road and 143rd Street. Area retailers include Noodles Co., Dairy Queen, Giordano’s and Walgreens. Area demographics include a population of 162,695 within five miles earning $93,379 as the average household income. For more information regarding Frankfort Town Center, contact Luke Sementa or James Schutter, Newmark Grubb Knight Frank Retail, 500 West Monroe Street, Suite 2900, Chicago, IL 60661; 312-224-3974/3210; Email: lsementa@ngkf.com. For more information regarding the site in Orland Park, contact Kevin McNamara or James Schutter; 312-224-3171; Email: kmcnamara@ngkf.com.
Route 240/Indianapolis Road and South County Road/100 East, has spaces of 1,200 sq.ft., 5,000 sq.ft. and 13,888 sq.ft. available. Cotenants include Shoe Sensation, Goody’s, Tractor Supply Co., GNC and Radio Shack. Area demographics include a population of 14,991 within five miles earning $53,718 as the average household income. The average daily traffic count is 17,822 vehicles along State Route 240/Indianapolis Road. For more information, contact Patrick Boyle, Midland Atlantic, 9000 Keystone Crossing, Suite 850, Indianapolis, IN 46240; 317-580-9900; Email: pjboyle@midlandatlantic.us; Web site: www.midlandatlantic.com.
Big Lots, Staples, Jos. A. Bank, Blinds To Go and Fortunoff. Area demographics include a population of 145,249 within five miles earning $125,706 as the median household income. The average daily traffic count is 34,000 vehicles. For more information, contact Curtis Nassau or Florian Suserman, Ripco Real Estate, 125 Chubb Avenue, Suite B, Lyndhurst, NJ 07071; 201-777-2300, Fax 201-777-2314; Email: cnassau@ripconj.com; Web site: www.ripconj.com.
Glendale Heights – Meadowbrook Shopping Center, a 21,000 sq.ft. retail center located along East Army Trail Road, has two spaces of 1,500 sq.ft. available, along with a space of 2,700 sq.ft. Cotenants include Cricket Wireless. The average daily traffic count is 30,000 vehicles. The asking rent is $13 psf NNN. For more information, contact Joseph Santucci or Carlos Santucci, Avalon Realty Associates, Inc., 3315 Algonquin Road, Suite 600, Rolling Meadows, IL 60008; 847-5061000 Ext. 5140/5132; Email: jcs@avalonreal. com. Villa Park – Villa Oaks, a 288,862 sq.ft. community center located at the intersection of Roosevelt Road and Ardmore Avenue, has spaces from 1,200 sq.ft. to 30,784 sq.ft. available. Cotenants include Burlington Coat Factory, Chuck E. Cheese’s, Party City, Dollar Tree, Nutrition Discounters, Sally Beauty Supply, Game Stop, Tuesday Morning and Starbucks. Area demographics include a population of 260,960 within five miles earning $103,490 as the average household income. For more information, contact Matt Smetana or Mike Wesley, Edgemark Commercial Real Estate Services, LLC, 2215 York Road, Suite 503, Oak Brook, IL 60523; 630-572-5632/5610, Fax 630-472-1019; Email: msmetana@edgemarkllc.com; Web site: www.edgemarkllc.com.
Indiana Greencastle – Putnam Plaza, a 92,065 sq.ft. center located at the intersection of State Dealmakers Magazine | www.dealmakers.net
Maryland Hanover – Ridgeview Plaza, a 169,286 sq.ft. center located at the intersection of Annapolis Road and Rockenbach Road, has spaces available. Cotenants include Food Lion, Big Lots, Planet Fitness, Dollar Tree, Papa John’s, H&R Block, The UPS Store, Auto Zone, Taco Bell and Ledo Pizza. Area demographics include a population of 122,745 within five miles earning $98,688 as the average household income. The average daily traffic count is 31,500 vehicles along Annapolis Road. For more information, contact Marty Flax or Brendan Clark, Renaud Consulting, 8605 Westwood Center Drive, Suite 410, Vienna, VA 22182; 703-404-2346/571-765-4426; Email: mflax@renaudconsulting.net; Web site: www.renaudconsulting.net.
Massachusetts Bellingham – RK Plaza, a 90,000 sq.ft. center located along Pulaski Boulevard, has space available. Cotenants include Super Stop & Shop, Dollar Tree, Supercuts, H&R Block and Dunkin’ Donuts. Area demographics include a population of 96,440 within five miles earning $69,781 as the average household income. The average daily traffic count is 22,000 vehicles. For more information, contact RK Centers, PO Box 111, Dedham, MA 02027; 781-3200001; Email: leasing@rkcenters.com; Web site: www.rkcenters.com.
New Jersey East Hanover – A 35,500 sq.ft. center located along Route 10 West, between Okner Parkway and River Road, has an anchor space of up to 23,000 sq.ft. available, which can be divided. Area retailers include Toys “R” Us,
Eatontown – A center located at the intersection of Route 35 and Burns Place, has up to 13,782 sq.ft. of space available, which can be divided. Area retailers include AMC Theatres, Lord & Taylor, Macy’s, Boscov’s and Joe’s Crab Shack. Area demographics include a population of 163,308 within five miles earning $93,073 as the average household income. The average daily traffic count is 36,000 vehicles along Route 35. For more information, contact Ron DeLuca, R.J. Brunelli & Co., LLC, 400 Perrine Road, Suite 405, Old Bridge, NJ 08857; 732721-5800 Ext. 28; Email: rdeluca@rjbrunelli.com; Web site: www.rjbrunelli.com.
New York Glen Cove – Spaces of 500 sq.ft., 900 sq.ft. and 2,650 sq.ft. are all available along Glen Street. Area retailers include Bank of America and Glen Cove Theatres. Area demographics include a population of 111,444 within five miles earning $103,475 as the median household income. Massapequa – A space of 2,953 sq.ft. is available along Sunrise Highway. Area retailers include T-Mobile, Pearle Vision, Lucille Roberts, Michaels, Waldbaum’s, Dollar Tree, Staples, Party City, Modell’s and Macy’s. Area demographics include a population of 309,264 within five miles earning $93,927 as the median household income. The average daily traffic count is 60,000 vehicles. For more information regarding the Glen Cove property, contact Edward Czarniak, Sabre Real Estate Group, LLC, 500 Old Country Road, Garden City, NY 11530; 516874-8070 Ext. 511; Email: edward@sabreny.com; Web site: www.sabreny.com. For more information regarding the Massapequa property, contact Michael Kearney, 516-8748070 Ext. 507; Email: michael@sabreny.com. Irondequoit – Irondequoit Plaza, a 214,820 sq.ft. center located at the intersection of Titus Avenue and Hudson Avenue, has (continued on page twenty)
October 3, 2014 | Page 19
SPACE PLACE New York (continued from page nineteen)
spaces of 2,400 sq.ft., 3,100 sq.ft. and 5,425 sq.ft. available. Cotenants include Wegmans, Big Lots, Dollar General, Hallmark, H&R Block, Dots, Little Caesar’s, RJ Bagels and Dunkin’ Donuts. Area demographics include a population of 408,946 within seven miles earning $55,953 as the average household income. For more information, contact Dan Zelson, Charter Realty & Development, 203-2272922; Email: dan@chartweb.com; Web site: www.chartweb.com. Rockland – Rockland Plaza, a 250,926 sq.ft. center located at the intersection of West Route 59 and Middletown Road, has spaces of 1,395 sq.ft., 1,950 sq.ft., 3,492 sq.ft. and 9,410 sq.ft. available. Cotenants include Modell’s, Barnes & Noble, A Matter of Health, Petco, Marshalls, Eastern Mountain Sports and Five Below. Area demographics include a population of 234,789 within five miles earning $113,797 as the average household income. For more information, contact Nick Andreadis, Brixmor, 35 Pinelawn Road, Suite 206W, Melville, NY 11747; 631-2496251; Email: nick.andreadis@brixmor.com; Web site: www.brixmor.com. New York – The Plaza Shops, located at the intersection of Broad Street and Water Street, has spaces from 664 sq.ft. to 8,852 sq.ft. available. Cotenants include Chipotle, Starbucks, Chop’T, Retro Fitness, Gateway Newsstands and Cobbler Express. Also – Up to 39,700 sq.ft. of retail space is available along 57th Street, between Broadway and 8th Avenue. Area retailers include Starbucks, Duane Reade, Whole Foods Market, Williams-Sonoma, H&M, J.Crew, Pink and Hugo Boss. Area demographics include a population of 80,000 within one half mile earning $187,000 as the median household income. For more information regarding The Plaza Shops, contact Steven Baker or Kenneth Hochhauser, Winick Realty Group, LLC, 655 Third Avenue, 8th Floor, New York, NY 10017; 212-792-2636/2605; Email: stevenb@winick.com. For more information regarding the site on 57th Street, contact contact Jeff Winick, Kelly Gedinsky, Michael Gleicher or Patty Holmstrom, 212-792-2600. New York – A 1,500 sq.ft. ground floor space, with a 1,300 sq.ft. basement, are available at the intersection of Third Avenue and 80th Street. Area retailers include Gap, Athleta, Vince Camuto, Blue Mercury, Page 20 | October 3, 2014
New York
Pennsylvania
Loft and Delfino. Also – A 1,989 sq.ft. ground floor space is available at the intersection of Lexington Avenue and 94th Street. Area retailers include 92Y, Nu-Facers Kitchens, Bonjour Crepes & Wine, Subway and Lucy’s Whey. For more information regarding the Third Avenue property, contact Jill Lovatt, Massey Knakal Realty Services, 212-660-7704; Email: jlovatt@masseyknakal.com; Web site: www.masseyknakal.com. For more information regarding the Lexington Avenue property, contact Jill Lovatt or Kyle Kain, 212-660-5181; Email: kkain@masseyknakal.com.
For more information, contact Daniel Mortimer, Jack Corcoran or Maria Rita Aristone, Legend Properties, Inc., 521 Plymouth Road, Suite 118, Plymouth Meeting, PA 19462; 610-941-4034, Fax 610-941-4038; Email: dmortimer@lpre.com; Web site: www.lpre.com.
Spring Valley – Ground floor spaces of 3,100 sq.ft. and 6,000 sq.ft. are available along North Main Street. Area demographics include a population of 113,714 within three miles earning $75,362 as the median household income. For more information, contact Amy Cole, David Liebowitz, Judy Chu Tsang or David Perlmutter, Perlmutter Properties, Inc., 4 West Red Oak Lane, Suite 105, White Plains, NY 10604; 917-860-4091/917-5536317/914-588-4710/914-686-8900; Email: david@perlmutterproperties.com. White Plains – A 4,470 sq.ft. ground floor space, a 2,985 sq.ft. second floor space, and a 3,008 sq.ft. lower level space, are all available along Mamaroneck Avenue. Area retailers include Haiku, Sam Ash Music Store, Five Guys Famous Burgers & Fries, Buffalo Wild Wings, Ron Blacks, Porter House, Black Bear, Brazen Fox, Elements and Don Coqui. Area demographics include a population of 103,879 within three miles earning $138,474 as the average household income. For more information, contact Craig Benson or David Landes, Royal Properties, Inc., 850 Bronx River Road, Bronxville, NY 10708; 914-237-3403 Ext. 105/104, Fax 914237-0196; Email: craig@royalpropertiesinc.com; Web site: www.royalpropertiesinc.com.
Pennsylvania King of Prussia – A neighborhood center located along East Dekalb Pike, has a junior anchor space of 20,388 sq.ft. available. Cotenants include Bottom Dollar Foods, Petco, Mens Wearhouse, Sam Ash Music Store, Walgreens and Continental Bank. Area demographics include a population of 191,991 within five miles earning $100,295 as the average household income. The average daily traffic count is 39,790 vehicles.
Philadelphia – Sunrise Square, a 32,655 sq.ft. center located at the intersection of Adams Avenue and Foulkrod Street, has two spaces of 1,875 sq.ft. available, along with a space of 21,500 sq.ft. Area retailers include Home Depot, Walmart, PetSmart, Old Navy, Modell’s and Shop Rite. Area demographics include a population of 416,541 within five miles earning $47,410 as the average household income. The average daily traffic count is 27,128 vehicles along Adams Avenue. For more information, contact Chris Morroney, Peter Quinn or Jay Gordon, Amazing Space Properties, 50 B Greenfield Avenue, Suite 201, Ardmore, PA 19003; 610-662-5659/610-761-1624/215-8888820; Email: chrism@aspgrp.com. Philadelphia – A 10,000 sq.ft. ground floor retail space, with a mezzanine and loading dock, are available along Arch Street. Area retailers include Rite Aid, Ross Dress for Less, Subway, Dunkin’ Donuts and Kmart. Also – A center located at the intersection of Torresdale Avenue and Frankford Avenue, has spaces from 1,200 sq.ft. to 10,000 sq.ft. available. Area retailers include CVS, Walgreens, Rite Aid, Bottom Dollar Foods, Rita’s Water Ice, 7-Eleven and McDonald’s. Area demographics include a population of 159,164 within two miles earning $38,496 as the median household income. For more information regarding the Arch Street property, contact Jackie Balin, CBRE, Inc., 50 South 16th Street, Suite 3000, Philadelphia, PA 19102; 215-557-0050, Fax 215-557-0053; Email: jackie.balin@cbre.com. For more information regarding the Torresdale Avenue property, contact Jon Kieserman, 625 West Ridge Pike, Building A, Suite 100, Conshohocken, PA 19428; 610-834-8000, Fax 610-834-1793; Email: jon.kieserman@cbre.com.
Rhode Island North Providence – Douglas Crossings, a 29,000 sq.ft. center located at the intersection of Mineral Spring Avenue and Douglas Avenue, has spaces of 665 sq.ft. and 2,700 sq.ft. available. Cotenants include (continued on page twenty-two)
Dealmakers Magazine | www.dealmakers.net
Over 5,000
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? Tenant Search 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 5,000 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 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. 5,000 leads)
$649 (CD-ROM) $549 (Online) $749 (Online & CD-ROM) Regional Edition (approx. 1,250 leads per region)
West Midstates East South $549 (CD-ROM) $449 (Online) $649 (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: (Tenant Search 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 Rhode Island (continued from page twenty)
T-Mobile, Cilantro Grill, Cosmo Prof, Town Fair Tire, Supercuts, Payless Shoe Source and Blowouts. Area demographics include a population of 341,689 within five miles earning $58,694 as the average household income. For more information, contact Mark Briggs or Peter Flynn, Carpionato Group, 1414 Atwood Avenue, Johnston, RI 02919; 401-273-6800 Ext. 136/141; Email: mbriggs@carpionatogroup.com; Web site: www.carpionatogroup.com.
Texas Austin – A 1,404 sq.ft. restaurant space, with a 1,300 sq.ft. patio, is available at the intersection of Spicewood Springs Road and Baywood Drive. Area retailers include Chinatown, Einstein Bros. Bagels, Elevation Burger, Cover 3, Hopdaddy, Starbucks, Randalls and Subway. Area demographics include a population of 271,883 within five miles earning $81,964 as the average household income. The average daily traffic count is 171,000 vehicles along
Texas
Vermont
MoPac Expressway. For more information, contact Cole Brodhead, Retail Solutions, 3724 Executive Center Drive, Suite 220, Austin, TX 78731; 512-788-2717; Email: cole@retailsolutions. us; Web site: www.retailsolutions.us.
Buffet and Queen City Nails. The asking rent is $12 psf NNN. For more information, contact Brian Waxler, Pomerleau Real Estate, 69 College Street, Burlington, VT; 802-863-8210 Ext. 22; Email: bwaxler@vermontrealestate.com; Web site: www.vermontrealestate.com.
San Antonio – Creekside of Bulverde, located along Highway 46 West, has spaces of 1,243 sq.ft. and 4,000 sq.ft. available. Cotenants include K. Charles, Thai Lo Orchid, Little Caesar’s, Sprint, The UPS Store, H&R Block, Bulverde Donuts and Pizza Hut. For more information, contact Dick McCaleb or Mark Bauer, RFM Commercial, Inc., 210-826-0036 Ext. 23/27; Email: dick@rfmcommercial.com.
Vermont Berlin – Berlin Shopping Center, a 106,000 sq.ft. center located along US Route 302, has spaces of 3,000 sq.ft. and 6,000 sq.ft. available. Cotenants include Panera Bread, Jo-Ann Fabrics, Big Lots, Pizza Hut, Advance Auto Parts, Radio Shack, BouchardPierce Appliances, Snap Fitness, China
Virginia Lake Ridge – Old Bridge Commons, located at the intersection of Cape Cod Court and Old Bridge Road, has spaces available. Area retailers include 7-Eleven, Auto Zone, Food Lion, Dairy Queen, Gold’s Gym, Giant and Starbucks. Area demographics include a population of 194,621 within five miles earning $112,330 as the average household income. The average daily traffic count is 35,000 vehicles along Old Bridge Road. For more information, contact John Marigliano or Josh Weiner, Renaud Consulting, 8605 Westwood Center Drive, Suite 410, Vienna, VA 22182; 571-765-4423/4430; Email: jmarigliano@renaudconsulting.net; Web D site: www.renaudconsulting.net. M
SUBSCRIBE TO
or subscribe online at www.dealmakers.net/subscribe
YES! 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. Full SubScription (print, MobilE and onlinE)
Mail my subscription to: Name __________________________________________________ Company _______________________________________________ Address _________________________________________________
$344 for one year
$574 for two years
$194 for six months
grEEn SubScription (MobilE and onlinE)
City ____________________________________________________ State ___________________ Zip ____________________________ Phone ____________________ Fax __________________________ Email ____________________________________________________ * your email will be your login for online and mobile access
payment options:
Check Enclosed $244 for one year
$374 for two years
$144 for six months
Card #
Credit Card
_______________________________________________
Exp. Date ________________ Sec. Code _____________________ Signature _______________________________________________ P.O. Box 2630 | Mercerville, NJ 08690 | 1-800-732-5856 | Fax 609-587-3511 | www.dealmakers.net Page 22 | October 3, 2014
Dealmakers Magazine | www.dealmakers.net
Owning and Operating Grocery Anchored Retail Centers Nationwide since 1979
Leasing OppOrtunities natiOnwide
ASHBROOK COMMONS Ashburn, VA 198,589 SF Power Center 1,048 - 3,000 SF Available
TIFFANY PLAZA - Denver, CO 214,411 SF Whole Foods Anchored Neighborhood Center 1,442 - 7,415 SF Available
ARBORLAND CENTER Ann Arbor, MI 403,814 SF Power Center 6,396 - 14,420 SF Available
CLAYTON LANE - Denver, CO 335,064 SF Mixed-use Development in Cherry Creek North 1,505 - 25,000 SF Available
BALLANTYNE COMMONS EAST Charlotte, NC 150,926 SF Harris Teeter Anchored 1,131 - 1,895 SF Available
HARMONY MARKETPLACE Fort Collins, CO 350,593 SF Power Center 1,201 - 2,000 SF Available
Please contact Ira Shwartz IShwartz@AmCap.com Acquisitions:
Jake Bisenius JBisenius@AmCap.com 203-327-2001
Corporate Headquarters: 1281 East Main Street Stamford, CT 06902 203-327-2001
www.AmCap.com
Leasing:
44 Cook Street #710 Denver, CO 80206 303-321-1500
As a pure retail REIT, we are moving forward by expanding in major growth markets and recycling our portfolio.
8000 Sunset West Hollywood, CA
OWN. DEVELOP. ACQUIRE. MAKE YOUR NEXT MOVE WITH US AT: The Western Division Conference Booth 1512
FOLLOW US: #WestConf @WeingartenRlty
www.weingarten.com