Reporting The Nation’s Weekly News on Retailing & Retail Real Estate
Volume XXVII No. XXXVIII
October 5, 2012
Supermarket Chains Expand Nationwide Hy-Vee, Inc. trades as Hy-Vee Food Stores at 212 locations throughout IA, IL, KS, MN, MO, NE, SD and WI. The supermarkets, featuring bakery and floral departments, as well as a pharmacy, occupy spaces of 35,000 sq.ft. to 90,000 sq.ft. in freestanding locations and lifestyle, power, specialty and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 20 years. For more information, contact Pete Hosch, Hy-Vee, Inc., 5820 Westown Parkway, West Des Moines, IA 50266; 515-327-2147, Fax 515267-2967; Web site: www.hy-vee.com. Food Markets Northwest, Inc. trades as Metropolitan Market at six locations throughout the Puget Sound area and western WA. The full service upscale markets, featuring bakery, meat, seafood, deli and gourmet cheese departments, occupy spaces of 25,000 sq.ft. to 32,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout Seattle, WA during the coming 18 months. Preferred demographics include a population of 30,000 within two miles. The company prefers to locate in areas with high vehicle and foot traffic counts. For more information, contact Dale Chandler, Food Markets Northwest, Inc., 3301 South Norfolk Street, Seattle, WA 98118; 206-763-7949, Fax 206-767-8751; Email: dchandler@unifiedgrocers.com; Web site: www.metropolitan-market.com.
Dierbergs Markets, Inc. trades as Dierbergs Markets at 24 locations throughout IL and MO. The supermarkets, featuring bakery, meat, deli, seafood and wine departments, occupy spaces of 65,000 sq.ft. to 165,000 sq.ft. in strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Preferred cotenants include Target, PetSmart, Petco, Michaels and T.J. Maxx. The company prefers to anchor strip centers situated on land areas of at least 20 acres. For more information, contact Jerry Ebest, Dierbergs Markets, Inc., PO Box 1070, Chesterfield, MO 63017; 636-812-1352, Fax 636-812-1607; Email: ebestj@dierbergs.com; Web site: www.dierbergs.com.
ICSC Chicago Dealmaking
Brookshire Brothers, Inc. trades as Brookshire Brothers at 104 locations throughout LA and TX. The supermarkets occupy spaces of 15,000 sq.ft. to 45,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 20 years. Preferred demographics include a population of 10,000 within 10 miles earning $45,000 as the average household income. For more information, contact Eric Rich, Brookshire Brothers, Inc., 1201 Ellen Trout Drive, Lufkin, TX 75904; 936634-8155, Fax 936-633-4733; Email: erich@brookshirebros.com.
Fannie May Fine Chocolates to open 45 units with a focus on the Midwest...................... Pg. 10
(continued on page fourteen)
This issue contains information on:
* Retailers operating 10,363 locations with plans to open 1,234 sites * Real estate valued in excess of $100 million to be bought, sold & financed * Leasing activity on over 5 million sq.ft. of retail properties
Important News Please Expedite
Postmaster: Periodical
Featuring
New Construction Kimco Realty Corp. to redevelop shopping center in Fairview Heights, IL............... Pg. 3 Observations & Conversations Pg. 4 Profile Cullinan Properties................ Pg. 6 Buyers & Sellers Newmark Grubb Knight Frank moving outparcels throughout IL and WI.............................. Pg. 8 Who’s Opening & Where The Tile Shop to open 15 stores next year...................... Pg. 10
Lease Signings L3 Corp. inks deals with Dollar Tree in the Midwest.... Pg. 11 Making The News Cullinan Properties adds to its leasing and sales team........... Pg. 11 Food Retailers Expand Pepe’s Mexican Restaurants wants more sites throughout IL and IN............................... Pg. 12 Exclusives SRS Real Estate takes on dispositions for Shopko.......... Pg. 13 Sources of Financing Johnson Capital arranges financing for retail sites.......... Pg. 13 Lead Sheet HY-Vee Drugstore to enter IL and other Midwest markets.... Pg. 16 Nebraska Sporting Goods looks to make its debut in KS Pg. 18 Space Place........................... Pg. 20 Most Valuable Players........... Pg. 26
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For more than 20 years, Cullinan Properties, Ltd. has been one of the premiere providers of commercial and mixed-use real estate services. We’ve built our reputation building strong relationships and successful projects, and although the market has changed our commitment to excellence remains the same.
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Turning real estate ideas into reality.
New Construction Taubman Centers, Inc. is developing Taubman Prestige Outlet Mall, located along Highway 40 in Chesterfield, MO. The initial phase of construction will include 310,000 sq.ft. of retail space. The second phase, slated to break ground during spring 2014, will include 140,000 sq.ft. of retail space. For more information, contact Karen MacDonald, Taubman Centers, Inc., 200 East Long Lake Road, Suite 300, Bloomfield Hills, MI 48304-2324; 248258-6800, Fax 248-258-7596; Web site: www.taubman.com.
LMS Commercial Real Estate is preleasing North Cornwall Commons, a 600,000 sq.ft. project situated on 148 acres at the intersection of Rocherty Road and Cornwall Road in Lebanon, PA. Area retail includes Weis, Kohl’s, Sears, Lowe’s Home Improvement and Big K. Area demographics include a population of 655,189 within 20 miles earning $71,542 as the average household income. For more information, contact Joseph R. Deerin or Donna Deerin Ward, LMS Commercial Real Estate, 120 North Pointe Boulevard, Suite 301, Lancaster, PA 17601; 717-569-9373 Ext. 905/915, Fax 717560-9909; Emails: jrdeerin@lms-ps.com and ddeerin@lms-pms.com; Web site: www.lms-pms.com.
President/Publisher Ann O’Neal • ann@dealmakers.net
Pettinaro is preleasing the 79,000 sq.ft. expansion of Fox Run Shopping Center, a 245,323 sq.ft. center located along Route 40 in Bear, DE. Spaces from 1,400 sq.ft. to 3,384 sq.ft. are available. Cotenants include Acme, Walgreens, Saladworks, IHOP, KFC, M&T Bank, PNC Bank and Hallmark Gifts. Area demographics include a population of 125,559 within five miles earning $76,809 as the average household income. For more information, contact Victor Ambrosio, Pettinaro, 234 North James Street, Newport, DE 19804; 302-442-8518; Email: vambrosio@pettinaro.com; Web site: www.pettinaro.com.
Vice President Alyson Parker • alyson@dealmakers.net Art Director Anthony Pingicer • anthony@dealmakers.net Editor Erin Dunkley • erin@dealmakers.net Editor Stephanie Weaver • stephanie@dealmakers.net Director of Business Development Brenda Buchanan • brenda@dealmakers.net Customer Service Bridget Thoresen • custserv@dealmakers.net Customer Service Jacqueline Pelicano • jp@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 $294 per year U.S., foreign $319 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 2012 by TKO Real Estate Advisory Group Inc. 609-587-6200, fax 609-587-3511.
US Realty Associates, Inc. is preleasing The Grove at Mullica Hill, a mixed-use center situated on 30 acres at the intersection of Tomlin Station Road and Route 322 in Mullica Hill, NJ. Area demographics include a population of 49,693 within five miles earning $94,333 as the average household income. For more information, contact Gregory Bianchi, US Realty Associates, Inc., 120-124 East Lancaster Avenue, Suite 101, Ardmore, PA 19003; 215-557-9900 Ext. 1141, Fax 215-557-6495; Email: gbianchi@eusrealty.com; Web site: www.eusrealty.com.
Wolfson Group, Inc. is preleasing Woolwich Crossings and Woolwich Commons, a proposed 650,000 sq.ft. center and a proposed 544,459 sq.ft. center to be located at the intersection of Route 322 and Kings Highway in Woolwich Township, NJ. Area retail includes Acme, CVS and Wawa. Area demographics include a population of 321,603 within 10 miles earning $70,821 as the average household income. The centers are slated to open during 2014. The company is also preleasing Concord Commons, located at the intersection of Route 202 and Watkins Road in Chadds Ford, PA. Area demographics include a population of 246,795 within seven miles earning $90,037 as the average household income. For more information, contact Matt Sitton or Arlene Gray, Wolfson Group, Inc., 120 West Germantown Pike, Suite 120, Plymouth Meeting, PA 19462; 610-277-8899, Fax 610277-8880; Emails: msitton@wolfsongroupinc.com and agray@wolfsongroupinc.com; Web site: www.wolfsongroupinc.com. DeBartolo Development, LLC is developing a 1.4 million sq.ft. regional shopping center situated on 67 acres in West Oahu, HI. The initial phase includes 200,681 sq.ft. of retail space and will be anchored by Walgreens, 24 Hour Fitness and McDonald’s. The center is slated to open during 2014. For more information, contact DeBartolo Development, LLC, 4401 West Kennedy Boulevard, Tampa, FL 33609; 813-676-7677; Web site: www.debartolodevelopment.com. Greystar is redeveloping Lamar Plaza, situated on nine acres at the intersection of South Lamar Boulevard and Treadwell Street in south Austin, TX. The redevelopment will include 85,000 sq.ft. of retail space, a 400unit apartment complex, and an expanded Alamo Drafthouse theater. For more information, contact Derek D Brown, Greystar. M
Kimco Realty Corp. is redeveloping Fairview City Centre, located along North Illinois Street in Fairview Heights, IL. The redevelopment will include a new 174,500 sq.ft. center tenanted by The Sports Authority, Office Max and Petco, along with a 36 ft. wide entrance. Construction for phase one is slated to begin during January 2013. For more information, contact Kimco Realty Corp., 3333 New Hyde Park Road, New Hyde Park, NY 11042; 516-869-9000; Web site: www.kimcorealty.com. www.dealmakers.net
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For Press Coverage on your proposed new construction or redevelopment project send marketing brochures to ann@dealmakers.net October 5, 2012
page 3
observations and conversations Although in the past year, the Midwest has endured more than its fair share of droughts, floods and tornados, most areas are showing growth and retailers’ confidence remains positive. Ann O’Neal Welcome to The Dealmakers’ special edition for the ICSC’s Chicago Dealmaking. This summer, I had the pleasure of taking a cross country road trip and much of it was spent in the Midwest. The first night of my expedition was spent in Akron, Ohio. I usually can get a quick read on a trade area by going to a local supermarket, plus I try to eat healthy food even when I travel (most of the time, it’s easier to buy it at a grocery store than find it at restaurant). Consequently, I stumbled upon the West Point Market in Akron, and if you ever have the chance, go see their store. I had trouble describing the concept and then I read on its website describing the supermarket as “everything that a conventional grocery store is not.” If you could duplicate the 25,000 square foot specialty store in upscale lifestyle centers or affluent urban areas; my bet is that it would be a home run. That was a nice introduction on my layover in Ohio. Moving on to Michigan; I hung out in New Buffalo at a beautiful marina with upscale and quaint shops in the town center. After a fast jaunt through Indiana, the next stop was Chicago. There’s always something fun to do there. Yes, I hit a few jazz clubs and wildly over indulged at Ada’s Famous Deli & Restaurant. The parts of the city that I did see had shoppers and they were buying. Then it was onward to a marina in Green Lake, Wisconsin and the water was cold, but the jet skiing was a blast. The town had a lot of unique tourist-destination shops and eateries that were vibrant and appeared to be profitable too. Next was Duluth, Minnesota and their “Lakewalk” along the shores of Lake Superior was breathtaking (notice a theme here? Yes, I like the water and fast watercrafts). Fargo, North Dakota to Rapid City, South Dakota was the next leg. Mt. Rushmore was amazing. Shopping centers in both of the Dakotas were strong and well leased. The trip ended in the Teton National Forest and Yellowstone Lake in Wyoming. To say the least, it was a great experience, and for the first time, my travels through the Midwest weren’t about catching a plane, dealing with rental cars, getting lost and racing to see 50 shopping centers with meetings in between site tours. Although, like most real estate people, I couldn’t resist the urge to stop along the way to visit shopping centers and check out regional chains that I’ve never shopped before. In all of the Midwestern states that I visited, retailers appeared to be doing quite well no matter if they were catering to an affluent customer or located in a blue collar part of town. It appears a number of companies agree with my assessment of the Midwest, since I’m seeing lots of transactional activity on the deal side for new developments, leases for existing space and shopping center acquisitions. For example, a joint venture between Phillips Edison, ARC Shopping Center REIT, Inc. and clients of the CBRE Global Multi Manager Group recently acquired Baker Hill Center, 135,000 square foot shopping center in Glen Ellyn, a western suburb of Chicago, with a 98% occupancy and anchored by a 72,400 square foot Domincik’s supermarket. Also, DDR, Corp. acquired Brookside Marketplace in Tinley Park, Illinois earlier this year. The shopping center is being expanded by 23,000 square feet and just last year, Old Navy, Home Goods and Five Below opened stores in the 560,000 square foot project anchored by SuperTarget, Kohl’s, Dicks Sporting Goods and Best Buy. North of Chicago, in Ravenswood, Silver Rock Development Group and Sears Holdings are in the planning stages to develop a mixed-use project next to a transit station. The mixed-use center is proposed to encompass 286,000 square feet with the initial build out of 161,000 square feet anchored by a Mariano’s Fresh Market and the second phase entailing 125,000 square feet of additional page 4
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retail space along with 160 units of multi-family housing. In addition, Ultra Foods, a 13-unit chain of supermarkets with stores operating in the Chicago area and Northwest Indiana, plans to open a location in Prospect Heights, a northwest suburb of Chicago, at an 87,000 square foot former Dominick’s that’s been vacant for the past decade. Hamilton Partners also has several new developments in the planning stages in Illinois with a proposed 72-acre shopping center in Yorkville and they are resurrecting a proposed development with an upscale grocery store, national retailers, restaurants and small shops at a site in Oak Lawn, Illinois. In Ohio, Stark Enterprises is moving forward with a proposed 400,000 square foot shopping center in Cuyahoga Falls to be anchored with a 92,000 square foot Giant Eagle supermarket and a Menard’s home improvement store. While I was in Rapid City, South Dakota, I saw lots of dirt being marketed for future shopping center development. In North Dakota, I saw a Costco Wholesale Club under construction that’s opening this month in West Fargo. Aldi is hot to trot with expansion in the northern region of Michigan with openings this year in Mount Pleasant and Traverse City followed by an opening during January in Brighton, along with future potential sites in Cadillac and Big Rapids. AmCap, Inc. finalized a deal with Nordstrom Rack to anchor its Arborland Center in Ann Arbor, Michigan with a 30,000 square foot store scheduled to open this spring. The newest addition will co-anchor the 406,000 square foot center with Hiller’s supermarket, DSW, Marshalls, Bed Bath & Beyond, Old Navy, Toys ‘R Us, Michaels and OfficeMax. In Minnesota, I noticed a number of shopping centers undergoing renovations. Gatlin Development is having success in the redevelopment of a mall in Brooklyn Center, Minnesota anchored by Kohl’s and Sears. Walmart recently opened a 186,000 square foot store to co-anchor the redevelopment and word on the street is that T.J. Maxx, LA Fitness and Michaels have committed to the site. Although in the past year, the Midwest has endured more than its fair share of droughts, floods and tornados, most areas are showing growth and retailers’ confidence remains positive. There are lots of chains making their moves in the Midwest. This issue of The Dealmakers is further evidence of that with great leads for chains looking to grow and enter Midwestern states. Also, we have a profile on Cullinan Properties in this issue. Not only do they have some nice retail projects, all the people that I met from the company were also really nice and professional, which is always a pleasure for our editors that deal with the pressure of weekly press deadlines. I have to wrap it up. An update, the ICSC Conventions in Atlantic City and San Diego were both well attended and the folks were ready to make deals. There was a bit of confusion for opening day in Atlantic City since Dealmaking started at 3:00 p.m., but the second day was extremely busy. The opening day in San Diego was also active, but day two was lonely for the exhibitors. My hunch is that the Chicago Dealmaking will be active too. Make sure you stop by our booth at #1106. Also quick reminder, you can read the latest issues of The Dealmakers online and use the email address you gave us when you subscribed as your password to log in. If you’re not sure what email address you used or can’t find the right spot on our Web site, (which is being revamped), just send me an email at ann@dealmakers.net and I’ll let you know what we have on file. Until next the issue, here’s to making more deals,
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Ann O’Neal, Publisher
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cullinan properties Gaining Success through Solid Relationships Stephanie Weaver
With a track record spanning two decades, Cullinan Properties has a reputation as a premier provider of real estate services for owners and investors. The company is involved with acquisitions and development of retail, office, multi-family and medical properties nationwide. During the past twenty years, Cullinan Properties has developed projects with an aggregate value in excess of $600 million including office, medical, multi-family and retail sites. The company is well known for its mixed-use and lifestyle centers located in middle markets around the nation. Most of the firm’s retail development falls within master-planned and mixed-use projects combining retail and residential components with office, restaurant, entertainment, medical and hotel uses. Due to the company’s entrepreneurial nature, when the firm sees new opportunities, it’s able to move swiftly and capitalize on innovative approaches to development. As the company noticed the need and demand for medical uses and multi-family dwellings, it quickly set out to create retail projects incorporating uses not traditionally found in shopping center environments. A few of Cullinan Properties’ past and current medical projects include Illinois CancerCare, Glen Avenue Corporate Park, HeartCare Midwest and a Long Term Acute Care Hospital all of which are located in Peoria, Illinois. Additionally, the firm was awarded a bid to build a 275,000 square foot VA Hospital in Austin, TX. Although, Cullinan Properties has a diverse mix of properties within its portfolio, the company still has its stake firmly planted in the development of retail space. Cullinan Properties is currently developing The Streets of St. Charles, a onemillion square foot mixed-use center in St. Louis, Missouri. The project, which opened its initial phase during May, features a 250,000 square foot retail component and a 250,000 square foot office component. Streets of St. Charles | St. Louis, Missouri Streets of St. Charles will also feature hotels, entertainment and residential components. Current tenants include Streets of St. Charles Dental and the first Five Guys Burgers & Fries location in St. Charles County. Two full-service restaurants that are new to metro St. Louis will also soon be making their debut at the Street of St. Charles. Tucanos Brazilian Grill offers a fusion of South American and European cultures, while Prasino, which means “green” in Greek, will feature high quality, ‘farm-to-table’ fresh ingredients. The company is also developing East Peoria Downtown, an 86-acre mixed-use project in East Peoria, Illinois that includes 500,000 square feet of retail space, as well as office, hotel and multi-family residential components with Target and Costco co-anchoring the retail portion. Cullinan Properties has also secured ULTA Beauty and Gordmans for spring 2013 openings at the East Peoria Downtown project. The company’s retail portfolio also includes Quincy Mall, a 496,206 square foot shopping center anchored by Bergner’s, JCPenney and page 6
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Sears in Quincy, Illinois. Cullinan Properties recently added a new multi- tenant building anchored by Petco to the center, as it undergoes a redevelopment and a 20,000 square foot expansion. New tenants and basic building improvements have been earmarked for East Court Village, a 765,598 square foot power center in Perkin, Illinois. The project is anchored by Bergner’s, VA Hospital | Austin, Virginia Big Lots, Hobby Lobby and Dunham’s Sports. Also in Peoria, Illinois, Cullinan Properties recently secured HyVee Supermarket, gas station and convenience store to Grand Prairie Developments, which also includes Rave Motion Pictures and the Apartments at Grand Prairie. Moving outside of its Midwestern roots, Cullinan also developed the Shoppes at Henry Crossing, a 228,000 square foot center near Atlanta, Georgia anchored with a 52,000 square foot Great Escape Theatre and a 45,000 square foot LA Fitness. In addition, the company developed Burleson Commons, a 428,990 square foot project in a suburb of Fort Worth, Texas anchored by a 43,363 square foot Premiere Cinemas. Another Texas development is Cullinan’s Waller Town Center, a 160-acre site located near Houston, Texas with a GLA of 1.5 million square feet in its initial phase. The project will include a regional lifestyle and power center component, in addition to being anchored with a stadium-style theater. The company also developed, owned and until recently managed the Shoppes at Grand Prairie, a 493,000 square foot project that it developed in Peoria, Illinois with a tenant mix including Bergner’s, Dick’s Sporting Goods, Old Navy, Jillian’s, Banana Republic, Eddie Bauer, New York & Company, White House/Black Market and Cache. Another track record of Cullinan’s success is the redevelopment of the Shoppes at College Hills in Normal, Illinois. The project is a redevelopment of an enclosed mall and is anchored by Von Maur, Target, Gordman’s and Hobby Lobby. Cullinan Properties’ success is attributed to its commitment of forging strong relationships communities and its business partners. The firm has established a solid reputation of completing projects on time and its strength as an organization lies in its ability to be a full-service provider with expertise in development, finance and accounting, leasing, management, marketing and tenant coordination. The company also supplements its team with industry-leading architects, consultants, contractors and professionals with recognized national experience to ensure its investors and partners achieve the highest level of return. For additional information, contact Christopher M. West, Partner and Chief Operating Officer, Cullinan Properties, Ltd., 2020 West War Memorial Dr., Suite 103, Peoria, IL 61614; 309-999-1700, Fax 309999-1701; Web site: www.cullinanproperties.com.
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Available Space 5,400 sqft 64,126 sqft 7,721 sqft 6,000 sqft 3,077 sqft 3,000 sqft 3,030 sqft 2,340 sqft
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Buyers and Sellers Quantum Real Estate Advisors is selling an 8,000 sq.ft. freestanding Family Dollar store located along Commercial Avenue in Coleman, TX . Area retailers include Sonic Drive-In and O’Reilly’s Auto Parts. The asking price is $976,000, with a Cap rate of 8.40%, an NOI of $81,976 and a 10-year NN lease with four, five-year renewal options and 10% rental increases in each period. The company is also selling an 8,000 sq.ft. freestanding Family Dollar store located along Highway 2 North in Wilburton, OK. Area retailers include McDonald’s, Sonic Drive Thru, and KFC. The asking price is $1.093 million, with a Cap rate of 8.40%, an NOI of $91,840 and a 10-year NN lease with four, five-year renewal options and 10% rental increases in each period. For more information, contact Jordan J. Kaufman, Quantum Real Estate Advisors, 79 West Monroe Street, Suite 801, Chicago, IL 60603; 312-269-9229; Email: jkaufman@qreadvisors.com; Web site: www.qreadvisors.com. EXP Realty Advisors is selling a freestanding Chuck E. Cheese’s restaurant, located along US Highway 83, in Weslaco, TX. Area retailers include JC Penney, T.J. Maxx, Petco, Academy Sports & Outdoors, Petco, Olive Garden, Lowe’s Home Improvement, Walmart Supercenter, GameStop and Subway. The average daily traffic count is 86,778 vehicles. The asking price is $1.847 million, with a Cap rate of 6.50%, and 10% rent increases every 5 years. For more information, contact Joe Caputo or Bob Moorhead, EXP Realty Advisors, 4633 North Central Expressway, Suite 301, Dallas, TX 75205; 214-522-7200; Email: joe@exp1031.com and bob@exp1031.com; Web site: www.exp1031.com. NAI Eagle is selling Broadview Shopping Center, a 57,700 sq.ft. center located along West Broad Street in Goochland, VA. Food Lion and Dollar General anchor the center and cotenants include Gunn’s Pharmacy, Tuckahoe Physical Therapy, Coleman’s, Pak Mail, Enzo’s Restaurant, ABC Store and China Bistro. Area demographics include a population of 43,859 within five miles earning $85,046 as the median household income. For more information, contact Jeff Doxey, Harrison Hall or Peter Vick, NAI Eagle, 2250 Old Brick Road, Suite 240, Glen Allen, VA 23060; 804-217-6904/6903/6905; Emails: jeffdoxey@naieagle.com, harrisonhall@naieagle.com and petervick@naieagle.com; Web site: www.naieagle.com. page 8
October 5, 2012
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Newmark Grubb Knight Frank is selling outparcels at Kenosha Town Center, situated on a land area of 163 acres along Route 50 Kenosha Town Center in Kenosha, WI. Area retailers include Woodman’s Grocery Store, Best Buy, Noodles, Ashley Furniture, Steinhafels Furniture, Gander Mountain, Texas Roadhouse and Starbucks. Area demographics include a population of 40,971 within five miles earning $82,442 as the average household income. The average daily traffic count is 77,550 vehicles. The company is also selling outparcels of 1.3 acres and 1.4 acres, located at the intersection of Perryville Road and Spring Creek Road, in Rockford, IL. Cotenants include Woodman’s Grocery Store, Gander Mountain, Fifth Third Bank and Amcore Bank. Area demographics include a population of 125,965 within five miles earning $68,874 as the average household income. The average daily traffic count is 25,200 vehicles. For more information, contact Luke Sementa or James Schutter, Newmark Grubb Knight Frank, One East Wacker Drive, Suite 3500, Chicago, IL 60601; 312-3863100; Emails: lsementa@newmarkkf.com and jschutter@newmarkkf.com; Web site: www.newmarkkf.com. The Lord Companies, LLC, is selling Crossroads of Minooka, a 33,150 sq.ft. neighborhood strip center located at the intersection of Ridge Road and Mondamin Street in Minooka, IL. Cotenants include Dunkin Donuts, Cost Cutters, Royal Spa Nail Salon, Bratcher Orthodontist, Ridge Chiropractic and Boga’s Pizza & Pub. For more information, contact Keith Lord, The Lord Companies, LLC, 1033 West Van Buren, Suite 700, Chicago, IL 60607; 312944-6270; Email: keith@lordcompanies.com; Web site: www.lordcompanies.com. Bussel Realty Corp. is selling a 243,000 sq.ft. freestanding building situated on a land area of 17.3 acres along Talmadge Road in Edison, NJ. For more information, contact David Blitt or Robert Sager, Bussel Realty Corp., 732-287-3777 Ext 207/206; Emails: dblitt@bussel.com and rsager@bussel.com. Calkain Cos. is selling Warsaw Shopping Village, a 60,100 sq.ft. center located along Richmond Road, in Warsaw, VA. Area retailers include Food Lion and Rite Aid. The asking price is $5.2 million, with a Cap rate of 7.20%. The company is also selling an 88,913 sq.ft. freestanding building located along Century Circle in Conway, SC. The asking price is $6.83 million, with a Cap rate of 9%. The lease features two five-year options.
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Also, for sale is a 3,744 sq.ft. freestanding Synovus Bank located along West Neptune Street in Tampa, FL. The asking price is $4.14 million, with a Cap rate of 7.45%, and 15 years remaining on NNN lease, with five, five-year renewal options and 2.5% rent increases annually. Additionally, a freestanding McDonald’s, located along West Roosevelt Road in Maywood, IL, is for sale. Area retailers include White Castle, Walgreens, and Burger King. The average daily traffic count is 28,000 vehicles. The asking price is $1.175 million, with a Cap rate of 4%, an NOI of $47,000, and 20 years remaining on the NNN lease with 7% rent increases every five years. The company is also selling The Shoppes At Springdale, a 15,379 sq.ft. center located along East 165 Service Road, in Mobile, AL. Verizon Wireless anchors the center and cotenants include Jenny Craig and Anytime Fitness. Area retailers include Lowe’s Home Improvement, Best Buy, Sams Club, and Walmart. The asking price is $3.413 million, with a Cap rate of 8.50%, and NOI of $290,192. Additionally, the company is selling a freestanding Wawa located at the intersection of Route 192 and Simpson Road in Orlando, FL. The asking price is $3.183 million, with a Cap rate of 6%, an NOI of $191,000 and 20 years remaining on the NNN lease with six, five-year renewal options. Also for sale is a 9,480 sq.ft. property located along West Fletcher Avenue in Tampa, FL. Current tenant is Infinity Auto Insurance. Area retailers include Walgreens, Dunkin Donuts, McDonalds, and Harbor Freight Tools. The asking price is $1.58 million, with a Cap rate of 9%, an NOI of $142,200, with five years remaining on the NNN lease and four-five year options. For more information on Warsaw Shopping Village, contact Rich Murphy, Calkain Cos, 11150 Sunset Hills Road, Suite 300, Reston, VA 20190; 617-286-6254; Email: rmurphy@calkain.com; Web site: www.calkain.com. For more information on the Century Circle property, contact Jonathan Hipp, 703-787-4714; Email: jhipp@calkain.com. For more information on the Synovus Bank property, contact Patrick Nutt or Michael Zimmerman, 954-302-7365/954-7906611, Emails: patrick.nutt@calkain.com and mzimmerman@calkain.com. For more information on the McDonald’s property, contact Andrew Fallon, Email: afallon@calkain.com. For more information on the Shoppes at Springdale location or the Tampa, FL location, contact Teal Henderson, Email: thenderson@calkain.com. For more information on the Wawa location, contact Michael Zimmerman or Patrick Nutt, D Email: mzimmerman@calkain.com. M
Who’s Opening and Where Macy’s, Inc. (513-579-7000) plans to open a 180,000 sq.ft. bi-level Macy’s department store at Shops at Summerlin, a 1.5 million sq.ft. center located along Western Beltway/Interstate 215 in Las Vegas, NV. The store is slated to open during fall 2014. The company is also planning to expand its 201,000 sq.ft. store at Fashion Show Mall along South Las Vegas Boulevard in Las Vegas, NV by adding a two-level Macy’s Men’s Store, slated to open during spring 2013. The company currently operates five locations in the Las Vegas, NV market. Trader Joe’s Co. (626-599-3700) plans to open a Trader Joe’s supermarket in western NY, near Buffalo, during late 2013. The company also plans to open a 13,500 sq.ft. Trader Joe’s outpost store along South Dixie Highway in Pinecrest, FL next year. It will be the company’s first location in south FL. The company, offering organic and natural groceries, operates specialty supermarkets throughout 30 states nationwide. The Tile Shop, Inc. (763-852-2977) plans to open a 33,000 sq.ft. The Tile Shop store at the site of a former Global Furniture store located at the intersection of Interstate 475 and Airport Highway in Plymouth, MN. The location is slated to open this December and the company plans to open 15 stores next year. The company currently operates 61 locations throughout 20 states nationwide, including five stores in MI and OH. Meijer, Inc. (616-453-6711) plans to open a Meijer supermarket at Gateway Marketplace near Eight Mile and Woodward Avenue in Detroit, MI next summer. The company is also planning to open a store in WI during 2014. The chain currently operates 199 locations throughout four states, including IL, IN, KY and OH. TJX Cos., Inc. (508-390-1000) plans to open a T.J. Maxx at Legends Outlet Mall in Sparks, NV. The company will join Taco Bell, Old Navy, Toys “R” Us, IMAX theater, Express and rue 21 at the center. The company currently operates 2,900 locations nationwide under the T.J. Maxx, Marshalls, HomeGoods and A.J. Wright trade names. Costco Wholesale Corp. (425-313-8100) plans to open a 150,000 sq.ft. Costco situated on 29 acres at the intersection of Lima Road and Progress Road in Ft. Wayne, IN. The store is slated to open during late 2013. The company currently operates more than 600 wholesale clubs worldwide. page 10
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Corner Bakery Café (972-619-4100), under franchisee Northwest Bakery Café LP, plans to open its first restaurants in the northwestern states beginning in 2013, including 18 locations in the Seattle, WA market over the next several years. The company also plans to double its store count nationwide during the next four years through franchisees and company-owned cafes. The chain, which offers breakfast items, coffee, paninis and more, currently operates more than 140 quick-serve cafes throughout 15 states nationwide. Fannie May Fine Chocolates (800-3333629), under franchisee GB Chocolates, LLC, is planning to open a 1,600 sq.ft. store at the former Nick-N-Willy’s Pizza at Glendale Market, located along North Port Washington Road in Milwaukee, WI. GB Chocolates, LLC also plans to open 45 stores throughout several Midwestern states by December 2014. The company currently operates two locations in WI, including in Madison and Janesville. Brunswick Zone XL (636-397-2695) is planning to open a 49,000 sq.ft. bowling alley at the northeast of the intersection of Crossroads Boulevard and North Fairgrounds Avenue in Windsor, CO. The facility is slated to open during fall 2013 and will include 38 bowling lanes and an entertainment center. Kohl’s Corp. (262-703-7000) plans to open a 55,000 sq.ft. Kohl’s store at Litchfield Crossing, located along Danbury Road in New Milford, CT. The store will feature kiosks that arrange for shipping. The company operates more than 1,060 locations nationwide, including 21 locations in CT.
Wal-Mart Stores, Inc. (479-273-4000) plans to open a 184,000 sq.ft. Walmart Supercenter store along North Miami Avenue in Miami, FL during late 2014. The company is also planning to open a 186,528 sq.ft. Walmart at Northway Shopping Center along North 16th Street in Council Bluffs, IA. The store, featuring a pharmacy, bakery, deli and optical store, is slated to open during 2014. The company currently operates more than 9,000 locations nationwide and internationally throughout 15 countries. Nordstrom, Inc. (206-628-2111) is planning to open a Nordstrom Rack store at The Mayfair Collection in Wauwatosa, WI. It will be the company’s first location in the state and will join Saks Off 5th, Dick’s Sporting Goods, Ulta, The Container Store, hhgregg, Tilly’s and Old Navy at the center. The company currently operates more than 228 locations nationwide under the tradenames Nordstrom, Nordstrom Rack, Jeffrey boutiques and Treasure & Bond. Alamo Drafthouse Cinemas, Ltd. (512-2195408) plans to open an Alamo Drafthouse restaurant at Vintage Park, a 350,000 sq.ft. center located in Houston, TX during 2013. The company will join H-E-B, The Sweet Box, Low T-Center and Whole Foods at the center. Roti Mediterranean Grill (312-775-7000) plans to open a 2,000 sq.ft. restaurant along Maiden Lane in the Financial District section of New York, NY. The location is slated to open next year. The company currently operates 15 locations throughout Chicago, IL and Washington, DC.
Goodwill Industries (503-238-6100) plans to open a location in a former Bournival Jeep dealership along Lafayette Road in Portsmouth, NH next year. The location will feature an 18,000 sq.ft. store, as well as a 22,000 sq.ft. bi-level office/retail building.
Books-A-Million, Inc. (800-201-3550) plans to open a Books-A-Million store in a former Border’s near Christiana Mall in Wilmington, DE and is slated to open during 2014. The company, offering books, music and games, currently operates 258 locations throughout 31 states nationwide and DC.
Publix Super Markets, Inc. (863-688-1188) is planning to open a Publix supermarket in Ballantyne, NC. It will be the company’s first store in NC and is slated to open during early 2014. The company currently operates 1,061 locations throughout AL, FL, GA, SC and TN.
Walgreen Co. (847-914-2500) plans to open a 14,800 sq.ft. Walgreens drugstore with a drive-thru along Roosevelt Road in Wheaton, IL during summer 2014. The company currently operates more than 14,000 locations nationwide and throughout Puerto Rico.
Raleigh Denim (919-917-8969) recently opened a new concept store named Raleigh in the NoLita section of New York, NY. The store offers designer jeans for men and women. The company operates one location in Raleigh, NC.
American Girl (800-360-1861) plans to open an 11,500 sq.ft. store at Easton Town Center in Columbus, OH during summer 2013. The store will feature a 24-seat bistro, a doll hair salon and a boutique to design doll-sized t-shirts. DM
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Real Estate Professionals Making the News
Lease Signings Ludwig and Seeley, Inc. (248-750-1700) negotiated the following leases throughout MI: with The Shoppes at Trappers Alley for 10,367 sq.ft. at Midtown Plaza in Shelby Township, with the company representing the tenant and Howard Schwartz Commercial Real Estate representing the landlord in the transaction; with HearUSA for 1,200 sq.ft. at Century Plaza in Troy, with the company representing the landlord in the transaction and with Check ‘N Gold for 1,388 sq.ft. along East Lincoln in Royal Oak, with the company representing the tenant in the transaction. Goodman Real Estate Services, LLC (216381-8200) negotiated a lease with Massage Envy at City Centre of Avon, a 100,000 sq.ft. center located in Avon, OH. The company represented the tenant in the transaction. The company also negotiated leases with GNC and Five Guys Famous Burgers and Fries in Lakewood, OH. The company represented the landlord in both transactions. The company also negotiated a lease with Lady Jane’s Haircuts for Men for 1,475 sq.ft. at Lakewest Plaza in Willoughby, OH. The company represented the tenant in the transaction. The company also negotiated a lease with Red the Steakhouse at the intersection of Prospect Avenue and East 4th Street in Cleveland, OH. The company represented the tenant in the transaction. Sansone Group (314-727-6664) negotiated the following leases: with Marshall Wireless for 3,045 sq.ft. at Hilltop Village in Eureka, MO; with the company representing the landlord, Hilltop Village Investors, LLC, in the transaction; with Ginger Buffet & Grill for 8,300 sq.ft. at Fairview Heights Plaza along Ludwig Drive in Fairview Heights, IL, with the company representing the landlord, Fairview Heights Plaza Investors, LLC, in the transaction and with Edward D. Jones & Co., LP for 1,093 sq.ft. at Ronnie’s Plaza in St. Louis, MO, with the company representing the landlord, Ronnie’s Plaza, Inc., and Cassidy Turley representing the tenant in the transaction. Charter Realty & Development Corp. (203227-2922) negotiated a lease with Planet Fitness for 9,775 sq.ft. at Mayfair Shopping Center in Philadelphia, PA. The company also negotiated a lease with Deal$ for 10,890 sq.ft. and with Subway for 989 sq.ft. at Pitkin Theatre Center in Brooklyn, NY. The company also negotiated a lease with Chipotle for 2,634 sq.ft. at Hamden Village Fair along Dixwell Avenue in Hamden, CT. The company also negotiated a lease with Panera Bread for 4,800 sq.ft. at Westport Plaza in Westport, CT.
L3 Corp. (314-469-7400) negotiated the following leases throughout MO: with Cellar Advisors for 3,700 sq.ft. at The Grove, with the company representing the tenant in the transaction; with Dollar Tree for 8,900 sq.ft. at Ferguson Square in Ferguson, with the company representing the tenant in the transaction and for 9,000 sq.ft. at Monticello Plaza in O’Fallon, with the company representing both the tenant and the landlord in the transaction and with Firehouse Subs for 2,749 sq.ft. at Boulevard Shoppes in Jefferson. The company also negotiated a lease with Dollar Tree for 8,000 sq.ft. at Rend Lake Plaza in Benton, IL, with the company representing the tenant in the transaction. The company also negotiated a lease with PetSmart along Blanche Moore Drive in Corpus Christi, TX, with the company representing the tenant in the transaction. The Sembler Co. (727-384-6000) negotiated the following leases throughout FL: with Anytime Fitness for 7,242 sq.ft. and Garden Shed Florist for 750 sq.ft. at Northwood Plaza and with Boneheads for 1,610 sq.ft. at Brookhaven in St. Petersburg; with Colonial Six for 23,758 sq.ft. at Colonial Promenade and Mattress Firm for 27,275 sq.ft. at Boynton Town Center in Orlando; with Creating Framing, Inc. at Beneva in Sarasota; with The Mens Wearhouse for 4,615 sq.ft. and with Payless ShoeSource for 2,800 sq.ft. at Boynton Town Center in Boynton Beach; with Pickles Plus for 1,600 sq.ft. at Northwood Plaza and K&G Men’s Co. at Colonial Promenade in Tampa; with Papa Murphy’s at Carrollwood Square in Jacksonville and Sally Beauty at Oakleaf Town Center in Melbourne. The company also negotiated a lease with Eye Level Learning Center at Brookhaven in Atlanta, GA. The company also negotiated a lease with Jo-Ann Fabrics at West Melbourne in San Juan, Puerto Rico. CB Richard Ellis (757-490-3300) negotiated the following leases throughout VA: with The Vitamin Shoppe. along George Washington Highway in Ashland; with Kiki’s Kids for 2,897 sq.ft. at Lynnhaven North Shopping Center in Virginia Beach; with Jersey Mike’s Subs for 1,400 sq.ft. at Marketcenter at Harbourview in Suffolk and with Snap Fitness for 4,225 sq.ft. at Wythe Creek Plaza in Poquoson. Brixmor Property Group (212-8693000) negotiated a lease with The Gold Spot for 1,300 sq.ft. at Culpeper Town Square in Culpeper, VA. Libertad Real Estate represented the tenant in the transaction. DM www.dealmakers.net
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Cullinan Properties Ltd. (309-999-1739) promoted Suzanne Williams to senior real estate representative. In her new role, Williams will be responsible for junior anchor and small shop leasing and sales at properties owned or leased by the company. Prior to joining the company, Williams served at General Growth Properties as a leasing representative. The company also hired Kellie Schmidt as corporate marketing manager. Schmidt will be in charge of marketing the company’s brand presence, new development and existing property leasing and sales of properties owned or managed by the company. The company develops, manages and owns mixed-use, retail, multi-family and medical properties nationwide. SRS Real Estate Partners (214-560-3215) hired Scott Tiernan as vice president of the company’s Atlanta, GA office. In his new role, Tiernan will help retailers of singletenant buildings with site selection. Prior to working at the company, Tiernan served at O’Leary Partners. The company also hired Bridget Madison as marketing coordinator in the company’s Mobile, AL office. In her new role, Madison will be responsible for executing the national and local marketing strategies for the Mobile office, including broker transaction support, company identity building and lead generation initiatives. The company specializes in brokerage, corporate, development, investment and management services. Related Cos. (212-801-1000) promoted Jeff Blau from president to chief executive officer. In his new role, Blau will oversee strategic direction of the company, overall management of the firm, new development opportunities, corporate acquisitions and financing. The company also promoted Bruce Beal, Jr. from executive vice president to president. In his new role, Beal will oversee the development process for projects across all asset classes nationwide. The company also promoted Kenneth Wong from vice chairman to chief operating office and director of international development. He will be responsible for overseeing the administrative, corporate and business functions of the company and its national and international expansion activities. Jameson Real Estate (312-335-3259) hired D Marco Cesario as a broker associate. M
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Food Retailers Expand Nationwide Pepe’s, Inc. trades as Pepe’s Mexican Restaurant at 47 locations throughout IL and IN. The restaurants occupy spaces of 2,800 sq.ft. to 4,000 sq.ft. in mixed-use and strip centers, as well as freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 10 years. A vanilla shell and specific improvements are required. Preferred demographics include a population of 50,000 within three miles earning $40,000 as the average household income. Expansion is franchise driven. For more information, contact Ed Ptak, Pepe’s Inc., 1325 West 15th Street, Chicago, IL 60608; 312-733-2500, Faxx 312-7332564; Web site: www.pepes.com. ABP Corp. trades as Au Bon Pain at 260 locations nationwide as well as internationally. The chain of restaurants, serving freshly baked pastries, sandwiches, salads, soups and beverages, occupy spaces of 2,500 sq.ft. to 3,000 sq.ft. in airports, offices, universities, hospitals and urban locations. Growth opportunities are sought throughout GA, IL, KY, MA, MD, MI, MN, NC, NH, NJ, NY, OH, PA, RI, TN, TX, VA and Washington, DC during the coming 18 months. The company is not looking for locations in strip centers. For more information, contact Steve Blum, ABP Corp., One Au Bon Pain Way, Boston, MA 02210; 617-4232100 Ext. 5270, Fax 617-423-7879; Email: steve_blum@aubonpain.com, Web site: www.aubonpain.com. Pelican Larry’s operates four locations throughout southwest FL. The chain occupies spaces of 5,000 sq.ft. to 6,000 sq.ft. in lifestyle and mixed-use centers. Growth opportunities are sought throughout the existing market during the coming 18 months, with representation by Emerging Concepts. Bar Louie operates 50 locations nationwide. The restaurants occupy spaces of 5,000 sq.ft. to 6,000 sq.ft. in mixeduse and lifestyle centers. Growth opportunities are sought nationwide during the coming 18 months, with representation by Emerging Concepts. AZN Asian Cuisine operates one location in Naples, FL. The upscale Asian restaurant occupies spaces of 6,500 sq.ft. to 7,000 sq.ft. in lifestyle and mixed-use centers. Growth opportunities are sought throughout the southeastern U.S. during the coming 18 months, with representation by Emerging Concepts. For more information, contact Mathew Focht, Emerging Concepts, 411 North LaSalle St, Suite 300, Chicago, IL 60654; 312-878-8000, Fax 312-604-3769; Email: mfocht@emerging-concepts.com; Web site: www.emerging-concepts.com. page 12
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Ameci Pizza and Pasta, Inc. trades as Ameci Pizza and Pasta at 43 locations throughout CA. The pizzerias occupy spaces of 1,200 sq.ft. to 1,500 sq.ft. in strip centers or f2,500 sq.ft. reestanding locations. Growth opportunities are sought in select markets nationwide during the coming 18 months. Typical leases run five years with three, five-year options. Specific improvements are required. Preferred demographics include a population of 30,000 within two miles earning $65,000 as the average household income. Major competitors include Domino’s Pizza, California Pizza Kitchen and Pizza Hut. Freestanding locations must be 2,500 sq.ft. The company is franchising throughout 35 states nationwide. For more information, contact Nick Andrisano, Ameci Pizza and Pasta, Inc., 6630-B Independence Avenue, Canoga Park, CA 91303; 888-688-7880, Fax 818-7120792; Email: nandrisano@aol.com; Web site: www.amecipizzakitchen.com. El Pollo Loco operates over 400 locations throughout AZ, CA, CO, CT, GA, IL, NV, OR, TX and UT. The chain of Mexicaninspired restaurants occupies spaces of 1,800 sq.ft. to 2,500 sq.ft. in freestanding locations and endcaps of shopping centers. Growth opportunities are sought throughout Apple Valley, Victorville and Yucca Valley, CA during the coming 18 months, with representation by Commercial West Brokerage. The company only wants locations with drive-thrus. For more information, contact Phil Berry, Commercial West Brokerage, 2443 East Coast Highway, Corona Del Mar, CA 92625; 949-723-7300, Fax 949-723-7301; Email: pberry@commercialwest.com; Web site: www.commercialwest.com. Jamba Juice operates over 740 locations nationwide. The chain of health food restaurants, specializing in blended-to-order smoothies and fresh fruit cups, occupies spaces of 1,000 sq.ft. to 1,500 sq.ft. in endcaps of power, strip and neighborhood centers, as well as storefronts. Growth opportunities are sought throughout southern CA during the coming 18 months, with representation by Epsteen & Associates. Typical leases run 10 years with options. Preferred demographics include a population of 50,000 within three miles. For more information, contact Jason Gordon or LeeAnn Rosenblum, Epsteen & Associates, 1429 4th Street, Santa Monica, CA 90401; 310-451-8171, Fax 310-3956361; Email: jgordon@epsteen.com; Web site: www.epsteen.com.
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Wok ’N Roll operates 34 locations throughout MA, MN, NJ, NY, OH, PA, SC and TX. The restaurants occupy spaces of 500 sq.ft. to 2,500 sq.ft. in airports, casinos, malls, outlet centers, as well as entertainment and urban/downtown areas. Growth opportunities are sought throughout New England, NJ, NY and the metropolitan Philadelphia, PA area during the coming 18 months, with representation by Great American Brokerage. The company prefers high pedestrian traffic areas. Venting is required. Bistro at Cherry Hill operates two locations in NY and PA and occupy spaces of 3,500 sq.ft. in malls and downtown areas. Growth opportunities are sought within 100 miles of Philadelphia, PA during the coming 18 months, with representation by Great American Brokerage. Preferred cotenants include Neiman Marcus, Nordstrom and Macy’s. Tilted Kilt operates 26 locations nationwide. The Scottish pubs occupy spaces of 6,000 sq.ft. to 10,000 sq.ft. in conversions and build-to-suits. Growth opportunities are sought during the coming 18 months in the existing market, with representation by Great American Brokerage. High ceilings are preferred. Major competitors include Buffalo Wild Wings. The company would prefer to locate near regional shopping centers, malls, multiplexes, and areas with high nighttime activity. Bassett’s Memphis BBQ operates two locations in NJ and PA. The restaurants occupy spaces of 500 sq.ft. to 2,000 sq.ft. in food courts and on toll roads and spaces of 1,000 sq.ft. to 2,000 sq.ft. urban/downtown areas. Growth opportunities are sought throughout Baltimore, MD, central and southern NJ and the greater Philadelphia, PA metropolitan area during the coming 18 months, with representation by Great American Brokerage. The company prefers second generation stores. Philly Steak & Gyro operates 13 locations throughout MD, NJ, PA and PA. The restaurants occupy spaces of 2,000 sq.ft. to 4,000 sq.ft. in strip and 400 sq.ft. to 800 sq.ft. in food courts. Growth opportunities are sought during the coming 18 months throughout the existing area, with representation by Great American Brokerage. American Slice operates two locations in NY. The restaurants occupy spaces of 2,000 sq.ft. to 3,000 sq.ft. in storefronts. Growth opportunities are sought in Manhattan, NY during the coming 18 months, with representation by Great American Brokerage. For more information, contact Paul Fetscher, Great American Brokerage, 100 West Park Avenue, Suite 309, Long Beach, NY 11561; 516-889-7200; Email: gtamerican@aol.com; Web site: restaurantexpert.com. DM
Exclusives and Leasing Assignments Velocity Retail Group (602-682-8100) is representing the following retailers with their expansion plans throughout AZ: Banana Republic in spaces of 3,000 sq.ft. to 8,000 sq.ft.; Gap utilizing spaces of 6,000 sq.ft. to 8,000 sq.ft.; Athleta using spaces of 3,000 sq.ft., Uptown Cheapskate in spaces of 5,000 sq.ft., Kid to Kid using spaces of 4,000 sq.ft. and El Pollo Loco in spaces of 3,000 sq.ft. throughout Phoenix and Tucson; Bridgestone Firestone in spaces of 7,500 sq.ft., Loco Patron using spaces of 4,000 sq.ft. to 5,000 sq.ft., Laser Away utilizing spaces of 1,200 sq.ft. and Taco Bell in spaces of 3,000 sq.ft. in Phoenix; Mimi’s Café in spaces of 6,500 sq.ft.; Eureka Burger using spaces of 4,500 sq.ft.; Mastro’s Steakhouse utilizing spaces of 5,000 sq.ft. to 7,000 sq.ft.; Petersen’s utilizing spaces of 900 sq.ft. to 1,500 sq.ft. and Gold’s Gym in spaces of 15,000 sq.ft. to 25,000 sq.ft. The company is also representing Yankee Candle with its expansion plans throughout NM and NV. The chain occupies spaces of 1,000 sq.ft. to 2,000 sq.ft. The company is also representing Rudy’s with its expansion plans throughout AZ, NV and UT in spaces of 8,000 sq.ft. on land areas of 80,000 sq.ft. BlueRock Real Estate Services, LLC (407-641-5409) is representing Chuys’s Mexican Food with its expansion plans throughout central and southern FL. The restaurants occupy spaces of 7,500 sq.ft. in regional power centers or lifestyle centers, as well as malls. The company prefers sites with 2,000 sq.ft. patios. Preferred demographics include a trade-area population of 200,000 earning $50,000 as the median household income. Preferred average daily traffic counts are 30,000 vehicles. The company is also representing Tijuana Flats with its expansion plans throughout central and southern FL. The restaurants occupy spaces of 2,000 sq.ft. in all types of retail settings and prefers sites with a 2,500 sq.ft. patio space. Preferred demographics include a population of 25,000 within three miles earning $60,000 as the average household income. Preferred average daily traffic counts are 25,000 vehicles. SRS Real Estate (214-560-3215) has been named the disposition specialists for Shopko to dispose of outlots and vacant sites throughout 19 states across the Midwest and western U.S. The outlots range in size from 14,000 sq.ft. to 219,000 sq.ft. Colliers International (206-695-4200) has been named the exclusive leasing agent for a 44,000 sq.ft., two-level former Border’s located in Ann Arbor, MI. DM
Sources of Financing Johnson Capital arranged $23 million in financing for an 87,500 sq.ft. four-level mixed-use property situated on 1.38 acres at the intersection of 5th Street and Lamar in Austin, TX. The 10-year loan features a fixed-rate interest rate and a 30-year amortization. The company also negotiated $53.9 million in financing for a mixed-use center with 17,000 sq.ft. of retail space located in Mercer Island, WA. The loan features a fixed interest rate and a 10-year term. The company specializes in debt placement and acquisition financing for permanent loans, construction financing and property repositioning.
For more information regarding the site in Austin, contact Scott Monroe, Johnson Capital, 3960 Howard Hughes Parkway, Suite 500, Las Vegas, NV 89169; 702-9903770; Email: scottmonroe@johnsoncapital. com; Web site: www.johnsoncapital.com. For more information regarding the WA site, contact Amos Smith or Ryan Chapman; 949-660-1999; Emails: amossmith@johnsoncapital.com and ryanchapman@johnsoncapital.com. DM
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Westwood Financial has an immediate $50M 1031 Exchange! Anchored, Shadow-Anchored, REO/Distressed, Note Sales & Short Sales all desired. Can Close in 7 Days or Less! CALL US OR EMAIL US TODAY TO SCHEDULE A MEETING AT THE ICSC SOUTHEAST CONFERENCE (BOOTH 341) Joe Dykstra Executive Vice President O: 310.820.5443 C: 310.890.6699 jdykstra@westfin.com
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Supermarket Chains Expand Nationwide (continued from page one)
Arden Group, Inc. trades as Gelson’s Markets at 17 locations throughout southern CA. The supermarkets, featuring meat, seafood, deli, produce and wine and liquor departments, occupy spaces of 30,000 sq.ft. to 35,000 sq.ft. in freestanding locations and mixed-use, specialty and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run 20 years. For more information, contact Mike Smith, Arden Group, Inc., 9595 Wilshire Boulevard, Suite 411, Beverly Hills, CA 90212; 310-8581502; Web site: www.gelsons.com. Grant’s Supermarkets trades as Grant’s and Gray’s Marketplace at two locations throughout ME and NH. The supermarkets occupy spaces of 10,000 sq.ft. to 15,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. For more information, contact Paul McGonagle, Grant’s Supermarkets, PO Box 213, Glen, NH 03838-0213; 603-383-4282, Fax 603-383-4601.
JTM Corp. trades as Piggly Wiggly at 19 locations throughout AL and GA. The discount supermarkets occupy spaces of 35,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. For more information, contact Keith Milligan, JTM Corp., 3745-C US Highway 80 West, Phenix City, AL 36870; 334-2981974, Fax 334-298-5112; Web site: www. pigglywiggly.net. Alex-Lee, Inc. trades as Lowe’s Food, Galaxy Stores, IGA and Just $ave Food at 108 lcoations throughout NC and SC. The supermarkets occupy spaces of 15,000 sq.ft. to 50,000 sq.ft. in power, strip and value centers. Growth opportunities are sought throughout NC and the coastal areas in 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, Alex-Lee, Inc., 1381 Old Mill Circle, Suite 200, Winston-Salem, NC 27103; 336-659-0180, Fax 336-659-2434.
Roundy’s Supermarkets, Inc. trades as Copps Food Store at 26 locations throughout WI. The supermarkets occupy spaces of 45,000 sq.ft. to 70,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run 20 years. Specific improvements are required. Preferred cotenants include general merchandise retailers. Major competitors include Walmart. A land area of six acres is required for freestanding locations. The company also trades as Pick N Save at 93 locations throughout WI. The supermarkets occupy spaces of 45,000 sq.ft. to 70,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. The company also trades as Rainbow Foods at 32 locations throughout MN. The supermarkets occupy spaces of 60,000 sq.ft. to 70,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing market during the coming 18 months. For more information, contact Dan Farrell, Roundy’s Supermarkets, Inc., 875 East Wisconsin Avenue, Milwaukee, WI 53201; 414-231-5882, Fax 414-231-7939; Email: dan.farrell@roundys.com. DM
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October 5, 2012
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Lead Sheet A.C. Moore Arts & Crafts Jack Barson or Rob Solganik c/o Terra National Real Estate Group 29225 Chagrin Boulevard, Suite 360 Pepper Pike, OH 44122 216-378-1220, Fax 216-378-9920 Email: info@terranational.com Web site: www.terranational.com
Arts/Crafts The 135-unit chain operates locations throughout AL, CT, DE, FL, GA, MA, MD, ME, NC, NH, NJ, NY, PA, SC, TN and WV. The stores, offering arts and crafts, seasonal items, fabrics, frames and vases, occupy spaces of 22,000 sq.ft. in power centers. Growth opportunities are sought throughout CT, MA, MD, NC, NH, NJ, NY, PA, SC and VA during the coming 18 months, with representation by Terra National Real Estate Group. Typical leases run 10 years. Preferred cotenants include Best Buy, Target and T.J. Maxx. Major competitors include Hobby Lobby and Michaels.
Hancock Fabrics dba Hancock Fabrics Rob Driskell One Fashion Way Baldwyn, MS 38824 662-365-6324 Email: rdriskell@hancockfabrics.com Web site: www.hancockfabrics.com
Arts/Crafts/Fabrics The 263-unit chain operates locations nationwide. The stores, offering fabrics, home décor and craft items, occupy spaces of 11,000 sq.ft. to 12,000 sq.ft. in freestanding locations, power and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run 10 years with options. Preferred cotenants include Target, T.J. Maxx and Ross Dress for Less. Preferred demographics include a population of 60,000 within three miles earning $35,000 as the average household income. Major competitors include Jo-Ann Fabrics. The company is site selective. For more information, also contact Steven Crymble or Rickey Richardson, 662-365-6172/6178; Emails: scrymble@ hancockfabrics.com and rrich@hancockfabrics.com.
Everybody’s Oil Corp. dba Tire Barn Warehouse Christopher Jones PO Box 640 Anderson, IN 46015 765-649-0404, Fax 765-641-7254
Automotive The 31-unit chain operates locations throughout IL, IN and TN. The automotive tire centers occupy spaces of 5,000 sq.ft. to 10,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 10 years with options. A vanilla shell is required.
Peerless Tyre Co. Jeff Forbes 5000 Kingston Street Denver, CO 80293 303-371-4300 Ext. 128, Fax 303-371-4749 Web site: www.peerlesstyreco.com
Automotive The 60-unit chain operates locations throughout CO, KS, NE, NM, SD, TX and WY. The automotive tire centers occupy spaces of 3,000 sq.ft. to 5,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. A land area of 20,000 sq.ft. is required.
Somerset Tire Service, Inc. dba STS Tire and Auto Center Ted Haase 1 STS Drive / PO Box 5936 Bridgewater, NJ 08807 732-356-8500 Ext. 353, Fax 732-356-8821 Email: thaase@ststire.com Web site: www.ststire.com
Automotive The 137-unit chain operates locations throughout NJ, NY and PA. The automotive service centers occupy spaces of 5,600 sq.ft. in freestanding locations. Plans call for 15 openings throughout the existing markets during the coming 18 months. Typical leases run 10 years. Preferred demographics include a population of 30,000 within three miles earning $60,000 as the average household income. Major competitors include Goodyear and Firestone. A land area of one acre is required.
Target George Galloway or Ray Schupp c/o Next Realty Mid-Atlantic, LLC 1750 Old Meadow Road, Suite 250 McLean, VA 22102 703-442-4500, Fax 703-442-8818 Emails: ggalloway@nextrealty.com and rschupp@nextrealty.com Web site: www.nextrealty.com
Discount The 1,772-unit chain operates locations nationwide. The stores, offering electronics, appliance, home décor and grocery items, beauty products and apparel, occupy spaces of 130,000 sq.ft. in power centers. Growth opportunities are sought throughout Richmond and the Hampton roads area in VA during the coming 18 months, with representation by Next Realty Mid-Atlantic, LLC.
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Lead Sheet Hy-Vee, Inc. dba Hy-Vee Drugstore Dennis Ausenhus 5820 Westown Parkway West Des Moines, IA 50266 515-267-2800, Fax 515-267-2967 Web site: www.hy-vee.com
Drug Store The 22-unit chain operates locations throughout IA and NE. The drug stores occupy spaces of 15,000 sq.ft. in freestanding locations and power, specialty and strip centers. Growth opportunities are sought throughout IA, IL, KS, MN, MO, SD and WI during the coming 18 months.
Cobb Theatres dba Cobb Theatres and Cinebistro Jeremy Welman 2000 B Southbridge Parkway, Suite 100 Birmingham, AL 35209 205-802-1110 Ext. 112 Email: jwelman@cobbtheatres.com
Entertainment The 21-unit chain operates locations throughout AL; Lakeland, Miami-Dade, Orlando, Palm Beach, Tampa and Winter Haven, FL; Atlanta, GA; Richmond and Hampton, VA and Washington, DC. The movie theaters occupy spaces of 25,000 sq.ft. to 85,000 sq.ft. in entertainment, lifestyle and mixed-use centers. Growth opportunities are sought throughout the southeastern, Mid-Atlantic and eastern regions of the U.S. during the coming 18 months. Preferred demographics include a population of 100,000 within three to five miles earning $75,000 as the average household income.
Silverspot Cinema Mathew Focht c/o Emerging Concepts 411 North LaSalle Street, Suite 300 Chicago, IL 60654 312-878-8000 Email: mfocht@emerging-concepts.com Web sites: www.emerging-concepts.com and www.silverspotcinema.com
Entertainment The company operates a location in Naples, FL. The movie theaters occupy spaces of 45,000 sq.ft. to 55,000 sq.ft. in mixed-use centers. Growth opportunities are sought throughout Coconut Creek and Miami, FL and Bethesda, MD during the coming 18 months.
Harkins Amusement Enterprises dba Harkins Theatres Mike Bowers 7511 East McDonald Drive Scottsdale, AZ 85250 480-627-7777 Web site: www.harkinstheatres.com
Entertainment The 30-unit chain operates locations in AZ, CA, CO, OK and TX. The movie theaters occupy spaces of 59,000 sq.ft. to 85,000 sq.ft. in freestanding locations, regional malls and entertainment and power centers. Growth opportunities are sought throughout the existing markets, as well as NV, during the coming 18 months. Preferred demographics include a population of 150,000 within five to seven miles earning $40,000 as the average household income.
Ben Moss Jewelers Western Canada Ltd. dba Ben Moss Jewelers Merv Moknowed 300-201 Portage Avenue Winnipeg, Manitoba, Canada R3B 3K6 204-988-0100, Fax 204-988-0148 Email: mervm@benmoss.com Web site: www.benmoss.com
Jewelry The 63-unit chain operates locations throughout Canada. The jewelry stores occupy spaces of 1,000 sq.ft. to 1,500 sq.ft. in malls. Growth opportunities are sought throughout the existing market during the coming 18 months.
Reeds Jewelers, Inc. dba Reeds Jewelers Herbert Zimmer PO Box 2628 Wilmington, NC 28402 910-763-4669 Ext. 202, Fax 910-762-1999 Email: herbertzimmer@zdc.com Web site: www.reeds.com
Jewelry The 59-unit chain operates locations throughout AL, FL, GA, KY, MD, MI, MS, NC, PA, SC, TN, TX, VA and WV. The jewelry stores occupy spaces of 1,500 sq.ft. to 5,000 sq.ft. in regional malls and lifestyle centers. Limited growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 10 years. Preferred cotenants include fashion retailers.
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Lead Sheet Packaging and Shipping Specialists Mike Gallagher 5211 85th Street, Suite 104 Lubbock, TX 79424 800-877-8884 Ext. 601, Fax 806-794-9997 Email: mike@packship.com Web site: www.packship.com
Service The 904-unit chain operates locations throughout 41 states nationwide. The store, offering copying, packaging, shipping and faxing services, occupy spaces of 1,200 sq.ft. to 2,000 sq.ft. in freestanding locations and power centers. Growth opportunities are sought nationwide during the coming 18 months. Typical leases run five years with options. Preferred cotenants include grocery stores and Walmart. Major competitors include The UPS Store and Mailboxes Etc. Expansion is franchise-driven.
Genesco, Inc. dba Johnston & Murphy David Stuck 1415 Murfreesboro Road, Suite 606 Nashville, TN 37217 615-367-8011, Fax 615-367-7323 Email: dstuck@genesco.com Web site: www.genesco.com
Shoes The 102-unit chain operates locations nationwide and Canada. The stores, offering footwear, apparel, leather goods and accessories, occupy spaces of 1,600 sq.ft. to 2,200 sq.ft. in malls, airports, lifestyle centers and urban/downtown areas. Plans call for 15 openings throughout the existing markets during the coming 18 months. Typical leases run 10 years. Preferred cotenants include Banana Republic, Brooks Brothers, Hugo Boss and Ann Taylor.
Aaron’s Marc Durst c/o Sholom & Zuckerbrot Kaufman Astoria Studios 35-11 35th Avenue Long Island City, NY 11106 718-392-5959 Ext. 122, Fax 718-937-6546 Email: mdurst@s-z.com Web site: www.s-z.com
Specialty The 1,985-unit chain operates locations nationwide throughout 48 states and in Canada. The stores, offering the sale and lease of furniture, electronics and appliances, occupy spaces of 3,500 sq.ft. to 7,000 sq.ft. in various retail settings. Plans call for six to 12 openings throughout Long Island, lower Westchester County and the surrounding boroughs of New York, NY during the coming 18 months, with representation by Sholom & Zuckerbrot.
Cartridge World Jeff McMullen c/o Richard Bowers & Co. 260 Peachtree Street, Suite 2400 Atlanta, GA 30303 404-816-1600, Fax 404-880-0077 Email: jmcmullen@richardbowers.com Web site: www.richardbowers.com
Specialty The 1,700-unit chain operates locations nationwide and internationally. The stores, offering printer cartridges, occupy spaces of 600 sq.ft. to 1,200 sq.ft. in lifestyle, power and strip centers. Growth opportunities are sought throughout GA during the coming 18 months, with representation by Richard Bowers & Co. Typical leases run five years with five-year options. A vanilla shell and specific improvements are required. Preferred cotenants include Kroger, Publix and Target. Preferred demographics include a population of 30,000 within three miles earning $60,000 as the average household income. Major competitors include Office Max, Office Depot and Staples. The company is franchising.
Coyote Ugly Saloon Paul Fetscher c/o Great American Brokerage 100 West Park Avenue, Suite 309 Long Beach, NY 11561 516-889-7200 Email: gtamerican@aol.com Web site: www.restaurantexperts.com
Specialty The 19-unit chain operates locations throughout CO, FL, LA, NV, NY, OK, TN, TX, WI and internationally. The bars occupy spaces of 2,500 sq.ft. to 5,000 sq.ft. in casinos, entertainment, specialty and tourist centers, as well as urban/downtown areas. Growth opportunities are sought throughout major metropolitan markets nationwide, as well as internationally during the coming 18 months, with representation by Great American Brokerage. The company prefers to locate in areas with strong late night activity.
Mr. Clean Car Wash David Perlmutter c/o Perlmutter Properties, Inc. 4 West Red Oak Lane, Suite 105 White Plains, NY 10604 914-686-8900 Ext. 232 Email: david@perlmutterproperties.com Web site: www.mrcleancarwash.com
Specialty The 18-unit chain operates locations nationwide. The car wash facilities occupy freestanding buildings on a land area of two acres. Growth opportunities are sought throughout CT and Westchester County in NY during the coming 18 months, with representation by Perlmutter Properties, Inc. Preferred demographics include a population of 200,000 within a five mile radius earning $75,000 as the median household income. The company prefers to locate in areas near major highways and will consider second-generation spaces.
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Lead Sheet Nebraska Sporting Goods Roger Brachen PO Box 509 Fremont, NE 68026 402-721-6040, Fax 402-721-4647
Sporting Goods The seven-unit chain operates locations throughout NE. The sporting goods stores occupy spaces of 3,000 sq.ft. to 5,000 sq.ft. in freestanding locations and malls. Growth opportunities are sought throughout KS and NE during the coming 18 months. Typical leases run three to five years.
Olympia Sport Center Andrew Shedlin c/o The Andrew Shedlin Cos., Inc. 21275 Eleanor Lane Kildeer, IL 60047 847-438-2900, Fax 847-438-2066 Email: a.shedlin@comcast.net
Sporting Goods The 230-unit chain operates locations throughout CT, DE, MA, MD, ME, NH, NY, PA, RI, VA, VT and WV. The sporting goods stores occupy spaces of 3,800 sq.ft. to 5,000 sq.ft. in malls and lifestyle, power and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months, with representation by The Andrew Shedlin Cos., Inc. Preferred cotenants include big box fashion retailers and grocery stores.
Carnival Booking, Inc. dba Carnival Booking Lois Konnos and Linda Wade 800-408-7707 Emails: lois@carnivalbooking.com and linda@carnivalbooking.com Web site: www.carnivalbooking.com
Temporary Tenant The company operates locations nationwide and prefers to locate on land areas of up to 80,000 sq.ft. in mall parking lots and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months.
FCUSA, Inc. dba Liberty Travel Ron Mollozzi 69 Spring Street Ramsey, NJ 07446 201-934-3525 Web site: www.libertytravel.com
Travel The 170-unit chain operates locations throughout CA, CT, DE, FL, IL, MA, MD, NH, NJ, NY, PA, RI, VA and Washington, DC. The travel agencies occupy spaces of 800 sq.ft. to 1,200 sq.ft. in regional malls, lifestyle centers and urban/downtown areas. Plans call for five openings throughout CT, FL, MA, NJ and NY during the coming 18 months. Typical leases run five years. A turnkey is required. Preferred cotenants include casual dining restaurants, Pier 1 Imports, Barnes & Noble and Bed Bath & Beyond. Preferred demographics include a trade area population of 150,000 earning $60,000 to $70,000 as the median household income.
Vitamin World, Inc. dba Vitamin World Nancy Shores and Jeff Sieber 4320 Veterans Memorial Highway Holbrook, NY 11741 631-567-9500, Fax 631-200-6061 Web site: www.vitaminworld.com
Vitamins The 430-unit chain operates locations nationwide. The stores, offering vitamins, minerals and supplements, occupy spaces of 1,200 sq.ft. to 1,500 sq.ft. in malls, outlet and regional power 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 18
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Glastonbury – Griswold Shoppes, a center located at the intersection of Griswold Street and Main Street, has spaces of 1,365 sq.ft, 1,564 sq.ft. and 2,236 sq.ft. available. Bertucci’s and Pier 1 anchor the center and cotenants include Sartorius Sports, Carvel, Sera Nails, Subway, Gourmet Wok, Leslie’s Pools, For The Kitchen, Wild Birds, Glastonbury Jewelers, Hair Today, UPS Store and Anytime Fitness. Area demographics include a trade-area population of 95,446 earning $80,660 as the median household income. For more information, contact Northeast Retail Leasing & Management Co. LLC, 360 Bloomfield Avenue, Suite 303, Windsor, CT 06095; 860-683-9000, Fax 860-683-1600; Web site: www.northeastretail.com.
New London – New London Mall, a 259,293 sq.ft. center located at the intersection of Bayonet Street and Frontage Road, has spaces of 1,508 sq.ft. to 6,989 sq.ft. available. ShopRite and PetSmart anchor the center and cotenants include Kay’s Hallmark, Marshall’s, Panda Buffet, Nails 4 U, The Gallery Hair Design & Spa, Wireless Zone, Super Cuts, The Children’s Place, Sally Beauty, AC Moore and Home Goods. Area demographics include a population of 111,286 within five miles earning $61,102 as the average household income. The average daily traffic count is 63,500 vehicles. For more information, contact Cedar Realty Trust, 44 South Bayles Avenue, Port Washington, NY 11050; 856-2188677, Fax 856-218-8678; Web site: www.cedarrealtytrust.com.
37,500 vehicles. For more information, contact Eric Battistone, Watkins Retail Group; 407-8980117; Email: ebattistone@wilwat.net; Web site: www.watkinsretailgroup.com.
Newington – Lillian August, a 26,160 sq.ft. center located along South East Road, has a space of 18,370 sq.ft. available. Cotenants include FedEx Kinkos and area retailers include Barnes & Noble, Target, Michael’s, Petco, TJ Maxx, Sports Authority, Babies “R” Us, Best Buy, Pier 1 Imports, Trader Joe’s, Old Navy and Toys ‘R’ Us. Area demographics include a population of 267,107 within five miles earning $65,583 as the median household income. The average daily traffic count is 24,200 vehicles. For more information, contact Mike Hotarek, Eastern Retail Properties, 25 Braintree Hill Office Park, Suite 305, Braintree, MA 02184; 781-849-9017, Fax 781-8499050; Email: mhotarek@easternretail.com; Web site: www.easternretail.com. Newington – Fenn Road Plaza, a 114,781 sq.ft. neighborhood center, located at the intersection of Fenn Road and Route 175, has spaces of 1,600 sq.ft. to 15,000 sq.ft. available, as well as an 80,000 sq.ft. building. Stop & Shop anchors the center and cotenants include Verizon Wireless and Weight Watchers. Area draws include Central Connecticut College. Area demographics include a population of 217,620 within five miles earning $75,178 as the average household income. For more information, contact Richard P. Hayes, Jr., Hayes Kaufman, 1471 Pleasant Valley Road, Manchester, CT 06042; 860-646-0131, Fax 860-644-9073; Email: rich@hayesdevelopers.com; Web site: www.hayesdevelopers.com. For more information contact Robert Goldfeder, Basser Kaufman, 151 Irving Place Woodmere, NY 11598; 516-569-3700 Ext. 127; Email: robert@basserkaufman.com. page 20
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Old Saybrook – Shoppes At Old Saybrook, a center located along Boston Post Road, has spaces of 2,000 sq.ft. to 6,500 sq.ft. available. Ocean State Job Lot and Town Fair Tire anchor the center and area retailers include Sleepy’s, Starbucks, Famous Footwear, Home Goods, Pier One, Payless ShoeSource, Bath & Body Works, Lens Crafters, Staples, and Pizza Hut. Area demographics include a population of 39,156 within five miles earning $109,528 as the average household income. For more information, contact Robert Goldfeder, Basser Kaufman, 151 Irving Place, Woodmere, NY 11598; 516-5693700 Ext. 127, Fax 516-569-7528; Email: robert@basserkaufman.com; Web site: www.basserkaufman.com.
Florida Crestview – Crestview Shopping Center, a center located at the intersection of South Ferdon Boulevard and Redstone Avenue, has space available. Publix anchors the center and area retailers include Wal-Mart, Lowe’s, Walgreen’s, and Bank Of America. Area demographics include a population of 31,241 within five miles earning $64,874 as the average household income. The average daily traffic count is 43,000 vehicles. Lakeland – Highland City Town Center, a 32,000 sq.ft. center located at the intersection of Highway 98 and Clubhouse Road, has space available. Publix Super Market anchors the center and area draws include Bartow Regional Medical Center and University South Florida/Polk State College. Area demographics include a population of 65,078 within five miles earning $74,501 as the average household income. The average daily traffic count is
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Coconut Creek – Coconut Creek, a 265,671 sq.ft. center located at the intersection of Coconut Creek Parkway and Lyons Road, has spaces of 2,050 sq.ft. to 13,000 sq.ft. available. Publix anchors the center and cotenants include Beall’s Outlet, Big Lots and Zero Gravity. Area demographics include a population of 359,328 within five miles earning $63,531 as the average household income. The average daily traffic count is 26,500 vehicles. For more information, contact Cathy Mancari, Brixmor, 9101 International Drive, Suite 1600, Orlando, FL 32819; 407-2649950, Email: cathy.mancari@brixmor.com; Website www.brixmor.com. Jacksonville – The Piers Shopping Center, a strip center located at the intersection of US 19 and Tacoma Way, has spaces available of 3,000 sq.ft. to 6,000 sq.ft., as well as 16,383 sq.ft. and 32,300 sq.ft. Cotenants include Burlington Coat Factory, hh Gregg, GameStop and Kazu Sushi. Area demographics include a population of 118,781 within five miles earning $51,931 as the average household income. The average daily traffic count is 65,000 vehicles. The asking rent is $8 psf to $12 psf with CAM of $2.75 psf. For details, contact Barry Goldstein, Goldstein Commercial Properties, Inc., 3753-1 Cardinal Point Drive, Jacksonville FL 32257; 904-367-0009 Ext. 204; Fax 904-3670220; Emails: barryjgoldstein@bellsouth.net. Jupiter – Jupiter West Plaza, a center located at the intersection of Indiantown Road and Central Boulevard, has spaces of 880 sq.ft. to 2,800 sq.ft. available, as well as outparcels of 4,038 sq.ft. and 5,490 sq.ft. Winn-Dixie, Pet Supermarket and Panera Bread anchor the center and cotenants include Quick Weight Loss Centers, Inc., Beauty To Go, Keep Flippin, Palm Beach Ice Cream, Westside Cleaners, IHOP, Jupiter Liquors, H&R Block and Uncle Mick’s. Area demographics include a population of 88,310 within five miles earning $93,964 as the average household income. The average daily traffic count is 46,000 vehicles. For more information, contact Bryan S. Cohen, Cohen Commercial Realty, Inc., 5041 Okeechobee Boulevard, West Palm Beach, FL 33417; 561-471-0212,
Space Place Florida Fax 561-471-5905; info@cohencommercial.com; cohencommercial.com.
Email: Web site:
Kendall – Dadeland Station, a multi-level 330,000 sq.ft. power center located at the intersection of US 1, Snapper Creek Expressway and South West 70th Avenue, has a space of 2,368 sq.ft. available on the first floor. Cotenants include Target, Bed Bath & Beyond, Best Buy, Sports Authority, Michael’s and Thomasville Furniture. Area retailers include CVS, Ross Dress For Less, Toys “R” Us, Babies “R” Us, Old Navy, Office Depot, Macy’s, JC Penney and Saks Fifth Avenue. Area demographics include a population of 293,883 within five miles earning $73,741 as the average household income. For more information, contact Maggie Reyes, The Shopping Center Group; 305-262-8877; Email: maggier@theshoppingcentergroup.com; Web site: www.theshoppingcentergroup.com.
Georgia Wilmington Island – Wilmington Island Shopping Center, an 87,818 sq.ft. center located at the intersection of Johnny Mercer Boulevard and Penn Waller Road has spaces of 1,202 sq.ft. to 8,640 sq.ft. available. Kroger anchors the center and cotenants include United States Post Office, GNC, H&R Block, Beef ‘O’ Brady’s, McDonald’s and First Chatham Bank. Area demographics include a population of 35,117 within five miles earning $86,305 as the average household income. For more information, contact Josh Durigan, Brixmor, 9101 International Drive, Suite 1600, Orlando, FL 32819; 407-2649950; Email: josh.durigan@brixmor.com; Web site: www.brixmor.com.
Illinois Barrington – Barrington Station, a 5,803 sq.ft. center located near the intersection of Lake Cook Road and South Northwest Highway, has a 2,490 sq.ft. space available. Cotenants include Starbucks. Area demographics include a population of 97,744 within five miles earning $161,856 as the average household income. The average daily traffic count is 25,500 vehicles. Lemont – Lemont Plaza, a 116,828 sq.ft. center located near the intersection of State Street and 127th Street, has spaces of 1,625 sq.ft. to 10,000 sq.ft. available. Cotenants include Goodwill, Cardinal Fitness, China Wok,
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Critter Cleaners, Currency Exchange, Subway, El Burrito Jr, Dunkin Donuts and TNT Wireless. Area demographics include a population of 117,495 within five miles earning $91,341 as the average household income. For more information, contact Amy Levin, GK Development, Inc., 847-277-9367; Email: alevin@gkdevelopment.com; Web site: www.gkdevelopment.com.
817-491-6400, Fax 817-491-6401; Email: scott@royalseal.com; Web site: www.nnndirect.com.
Buffalo Grove – Strathmore Square, a center located at the intersection of Dundee Road and Arlington Heights Road, has spaces of 2,950 sq.ft. and 16,100 sq.ft. available. Cotenants include Aldi, Dollar Tree, Pet Supplies Plus and Panera Bread. Area retailers include X-Sport Fitness, Kohl’s, Sam Ash Records, Noodle & Company, Moe’s and Portillo’s. The average daily traffic count is 50,000 vehicles. The asking rent is $8 to $18 psf with a CAM of $1.00 psf and taxes of $5.50 psf. For more information, contact Robert Jay Friedman, Jameson Commercial Real Estate, 425 West North Avenue, Chicago, IL 60610; 312-224-9122; Fax 312-6121122; Email: rjfsite@jameson.com; Web site: www.jamesoncommercial.com.
Indiana Crawfordsville – Crawfordsville Square, a 286,848 sq.ft. center located at the intersection of South Boulevard and South Washington Street, has spaces of 8,898 sq.ft., 9,800 sq.ft., and 54,188 sq.ft. available. Kroger, Thrifty Wholesale Supply, Plaza Lanes, Goody’s, Staples and Goodwill anchor the center and cotenants include Burger King, Great Clips, Best Nails, Hibbett’s Sporting Goods and Rent-A-Center. Area demographics include a population of 348,123 within five miles earning $56,624 as the average household income. The average daily traffic count is 9,310 vehicles. For more information, contact Sam Cooper, Lamar Cos., 523 Hickory Grade Road, Bridgeville, PA 15017; 412-613-3353; Fax: 973-285-9236; Email: scooper@lamarco.com; Web site: www.lamarcompanies.com. East Chicago – A 2,793 sq.ft. space along Main Street is available. Area retailers include Family Dollar, Walgreen’s, Sterks Grocery, McDonald’s and Carquest. Area demographics include a population of 130,000 within five miles. For more information, contact Scott A. Colley, Royal Seal Development, Inc., 124 McMakin Road, Bartonville, TX 76226; www.dealmakers.net
The
Evansville – Town Center, a 142,621 sq.ft. center located along Diamond Avenue, has spaces of 3,220 sq.ft. to 10,179 sq.ft. available. Save-A-Lot and Big Lots anchor the center and cotenants include Kool Smiles, Family Dollar, Rent-A-Center, Shannon’s School Of Dance, Boost Mobile, China King, Sherwin Williams and Check Into Cash. Area demographics include a population of 133,817 within five miles earning $54,078 as the average household income. The average daily traffic count is 44,281 vehicles. Also, Cross Pointe Shoppes, a 7,150 sq.ft. center located along Cross Point Boulevard, has spaces of 1,300 sq.ft. and 2,294 sq.ft. available. Cotenants include Pearl Laundry and Wayback Burgers. Area demographics include a population of 106,148 within five miles earning $62,364 as the average household income. The average daily traffic count is 11,000 vehicles. Ross Center – A 31,492 sq.ft. neighborhood center located at the intersection of Washington Avenue and Boeke Road, has spaces of 650 sq.ft., 2,489 sq.ft., and 5,300 sq.ft. available. Cotenants include Roy’s Shoe Service, All Dogs R Spoiled, Noble Romans’ Pizza, Glidden Professional Paint Center, Book & Music Exchange, BoRic’s and Solaris Tan. Area demographics include a population of 119,418 within five miles earning $53,084 as the average household income. The average daily traffic count is 19,381 vehicles. Also, Diamond Center, a center located along East Diamond Avenue, has available land for a build-to-suit. Cotenants include Allstate, Edward Jones, Aaron’s Rent To Own, Dollar General, Fifth Third Bank and Subway. Area demographics include a population of 133,817 within five miles earning $54,078 as the average household income. The average daily traffic count is 44,281 vehicles. For more information, contact Regency Properties, 330 Cross Pointe Boulevard, Evansville, IN 47710; 812424-9200, Fax: 812-424-9242; Email: regency@regency-prop.com; Web site: www.regency-prop.com.
Maine Waterville – JFK Plaza, a 151,107 sq.ft. center located at the intersection of Nelson Street and Kennedy Memorial Drive, has spaces of 4,600 sq.ft. and 33,175 sq.ft.
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available. Hannaford Bros anchors the center and cotenants include Jo-Ann Fabrics, T.J. Maxx, Planet Fitness and Tractor Supply. Area demographics include a population of 26,785 within five miles earning $55,189 as the average household income. Waterville – Shaw’s Plaza, a 119,015 sq.ft. center located along Kennedy Memorial Highway, has spaces of 2,000 sq.ft. to 10,000 sq.ft. available. Shaw’s Supermarket anchors the center and cotenants include Sun Tan City, Maytag Superwash, Empire Beauty School, Curtain Shop, Flagship Cinemas and Applebee’s. Area demographics include a population of 31,162 within five miles earning $57,637 as the average household income. The average daily traffic count is 19,320 vehicles. For more information regarding JFK Plaza, contact Dan Zelson, Charter Realty & Development Corp, 183 Main Street, Westport, CT 06880; 203-227-2922; Email: dan@chartweb.com; Web site: www. chartweb.com. For more information regarding Shaw’s Plaza, contact Angelo Pappas; Email: angelo@chartweb.com.
Massachusetts
Massachusetts
Arlington – Arlington Village Shops, a 21,550 sq.ft. center located at the intersection of Massachusetts Avenue and Paul Revere Road, has a 2,406 sq.ft. endcap available. Cotenants include Hair Cuttery, Panera Bread, Massage Envy, The Meat House and Gymboree. Area retailers include Walgreens, Trader Joe’s, Starbucks Coffee and Citizens Bank. Area demographics include a population of 115,857 within three miles earning $88,202 as the median household income. The average daily traffic count is 24,000 vehicles. For more information, contact Bierbrier Development, 420 Bedford Street, Lexington, MA 02420; 781863-1800, Fax 781-862-0613; Email: rdemartino@bierbrierdevelopment.com; Web site: www.bierbrierdevelopment.com
Barn, Staples, Verizon Wireless, IParty, Newbury Comics and Sleepy’s. Braintree – Spaces of 4,100 sq.ft. and 6,645 sq.ft. are available along Franklin Street. Area retailers include Panera Bread and Bertucci’s. The average daily traffic count is 37,000 vehicles. Also, Braintree – Granite Plaza has spaces up to 36,400 sq.ft. available. Burlington Coat Factory and Harbor freight Tools anchor the center and cotenants include Century Bank, Comcast and Jenny Craig. For more information, contact Ron Cibotti, Messina Company; 781-848-5000.
Avon – Merchants Park, a center located along Stockwell Drive has space up to 73,280 sq.ft. available. Cotenants include Namco, Affordable Furniture, Golf Town and Caritas Health. Area retailers include IKEA, Costco, Jordan’s Furniture, Horizon Beverage Co, Home Depot, Work’N Gear, Petco, Dress
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Easton – Highlands Plaza, a 297,395 sq.ft. center located at the intersection of Route 123 and Route 106, has spaces of 1,199 sq.ft. to 2,410 sq.ft. available, as well as a pad site. Target anchors the center and cotenants include Hannaford Supermarket, T.J. Maxx, Hallmark, Supercuts, Bank of Easton, GameStop, Liberty Mutual, Koko Fit Club, Piezoni’s and Star Nails. Area demographics include a population of 60,663 within five miles earning $107,532 as the average household income. The average daily traffic count is 24,000 vehicles. For more information, contact Daniel Dori, Sara Taylor or Graham Smith, Eagle Rock Retail, 130 Rumford Avenue, Suite 213, Newton, MA 02466; 617-5531840; Emails: dan@eaglerockretail.com, sara@eaglerockretail.com and graham@eaglerockretail.com; Web site: www.eaglerockretail.com.
Michigan
Join over 118,900 members looking to acquire, sell, lease and Over 1.5 finance all types of commercial real estate. We’re the place to milliOn list your center’s availabilities and to find that perfect site. no unique matter the economy, these forums make sense and, best of all, visitOrs tO dealmakers.net they’re free! e per year!
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Holland – Cedar Village, a 217,213 sq.ft. neighborhood center located at the intersection of Chicago Avenue and Waverly Avenue, has a space of 103,545 sq.ft. available, as well as inline spaces. Cotenants include Englesman’s Greenhouse, Family Farm & Home and Bumble Bee’s. Area demographics include a population of 86,814 within five miles earning $64,802 as the average household income. For more information, contact Nassimi Realty, LLC, 370 Seventh Avenue, Suite 1600, New York, NY 10001; 800-521-5208; Email: leasing@nassimirealty.com; Web site: www.nassimirealty.com.
Nebraska Omaha – Benson Park Plaza, a 5,862 sq.ft. power center located at the intersection of 72nd Avenue and Ames Avenue, has spaces of 2,089 sq.ft. and 3,773 sq.ft. available. Cotenants include Home Depot, Goodwill,
Space Place
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Nebraska
New York
Ohio
Hancock Fabrics, Baker’s and Metro Credit Union. Area demographics include a population of 240,503 within five miles earning $49,373 as the average household income. The average daily traffic count is 38,900 vehicles. The asking rent is $9.50 psf NNN. Also, McNeil Place, a 10,356 sq.ft. strip center located at the intersection of 132nd Street and L Street, has spaces of 1,754 sq.ft. to 6,648 sq.ft. available. Pro Care3 anchors the center and area retailers include Sam’s Club, Walmart, Home Depot, and Target. Area demographics include a population of 151,712 within five miles earning $69,456 as the average household income. The average daily traffic count is 84,300 vehicles. For more information regarding Benson Park Plaza, contact Dan Dutton, Dave Mattison, or Ben Pearson, World Group Commercial Real Estate, 780 North 114th Street, Omaha, NE 68154; 402-697-8899; Fax: 402-6978585; Email: ddutton@worldgroupllc.com; Web site: www.worldgroupllc.com. For more information regarding McNeil Place, contact Dan Dutton or Dave Mattison.
Avenue, Albany, NY 12203; 518-8620861; Email: cfarrell@vanguardfine.com; Web site: www.vanguardfine.com. For more information, contact Brian Donovan, Donovan Real Estate Services, LLC, Email: brian@donovanres.com.
Discount Grocer anchor the center and cotenants include Rent-A-Center, Verizon Wireless, Pet Supplies Plus, Dots and Best Cuts. Area demographics include a population of 158,368 within five miles earning $55,295 as the average household income. Napoleon – Napoleon Center, a 60,795 sq.ft. center located at the intersection of North Scott Street and Lagrange Street, has spaces of 1,200 sq.ft. to 11,424 sq.ft. available. Chief’s Supermarket anchors the center and cotenants include First American
Ohio Canton – 30th Street Plaza, a 157,055 sq.ft. center located along Cromer Avenue Northwest, has spaces of 950 sq.ft. to 6,500 sq.ft. available. Giant Eagle and Marc’s
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New York Carle Place – Carle Place Commons, a 125,886 sq.ft. center located at the intersection of Old Country Road and Glen Cove Road, has a space of 5,019 sq.ft. available. Toys “R” Us and Bob’s Discount Furniture anchor the center and cotenants include Petco and Panera Bread. Area retailers include Roosevelt Field Mall and Nassau Community College. Area demographics include a population of 460,269 within five miles earning $109,829 as the average household income. For more information, contact Robert Goldfeder, Basser Kaufman, 151 Irving Place, Woodmere, NY 11598; 516-5693700 Ext. 127, Fax 516-569-7528; Email: robert@basserkaufman.com; Web site: www.basserkaufman.com Poughkeepsie – 44 Plaza, a center located at the intersection of Dutchess Turnpike and Burnett Boulevard, has spaces available. Stop & Shop and Big Lots anchor the center and cotenants include Radio Shack, H&R Block, Nonna’s Brick Oven Pizza, Olympic Sports, GNC, Game Stop and Dollar Tree. Area demographics include a population of 94,857 within five miles earning $61,317 as the average household income. The average daily traffic count is 17,123 vehicles. For more information, contact Christopher Farrell, Vanguard-Fine, LLC, 1529 Western
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Cash Advance. Area demographics include a population of 11,544 within five miles earning $57,436 as the average household income. For more information, contact Jeffrey Lautenbach, Brixmor, 22054 Farmington Road, Suite 4, Farmington, MI 48336; 248-476-6672; Email: jeffrey.lautenbach@brixmor.com; Web site: www.brixmor.com. Columbus – Weston Towne Center, a center located at the intersection of West Broad Street and Georgesville Road, has spaces available. Area draws include Hollywood Casino. Dublin – Kroger Marketplace, a center located at the intersection of Hard Road and Sawmill Road, has spaces of 1,500 sq.ft. to 3,173 sq.ft. available. Kroger Marketplace anchors the center and cotenants include Plato’s Closet, Pei Wei, Graffiti Burger, and Chase Bank. Area retailers include Lifetime Family Fitness. Also, Festival Centre, a center located at the intersections of Saw Mill Road, Martin Road, and Dublin-Granville Road, has spaces
Ohio
Ohio
of 1,300 sq.ft. to 5,984 sq.ft. available as well as an 18,000 sq.ft. space. Cotenants include Jo-Ann Fabrics, Barnes & Noble, David’s Bridal, and BD’s Mongolian BBQ. Groveport – Walnut Creek, a center located along the intersection of South Hamilton Road, has outlots and land areas available. Giant Eagle anchors the center. Johnstown – Johnstown Village Square/Shoppes At Raccoon Creek, a center located along West Coshocton Street, has spaces of 1,551 sq.ft. to 32,000 sq.ft. available. Cotenants include Family Dollar. Pickerington - Shoppes At Yarmouth, a center located along SR 256, has spaces of 1,600 sq.ft. and 32,500 sq.ft. available. Area retailers include Bed Bath & Beyond, Barnes & Noble and Steak & Shake. Whitehall – Shoppes at Collingwood, a center located along East Main Street, has a 7,153 sq.ft. space available, as well as an outlot. Cotenants include Deals, CATO, Oceans Dental, Mattress Mart, T-Mobile, Nationwide Insurance, and Game Stop. Super Wal-Mart is adjacent to the center. For more information, contact Josh Ruben, Jeff Ungar, Steve Shkolnik, Jesse Shkolnik, or Nick Vollman, LGR Realty, 3016 Maryland
Avenue, Columbus, OH 43209; 614-2370781 Ext. 140/141/177/164/109; Web site: www.lgrrealty.com. Monroe – Heritage Plaza, a 93,733 sq.ft. center located at the intersection of State Route 63 and Heritage Green Drive, has an outparcel of 1.58-acres available. Kroger anchors the center and cotenants include Verizon Wireless, Great Clips, Buffalo Wings & Rings, Lucky Bamboo, Cozy Nail Spa, Monroe Family Pet Hospital, Anytime Fitness, LA Tan, GNC and H&R Block. Area demographics include a population of 88,780 within five miles earning $68,642 as the average household income. For more information, contact Clayton Riney, Midland Atlantic; 513-792-5000; Email: criney@midlandatlantic.com; Web site: www.midlandatlantic.com.
Pennsylvania Narberth – A 9,600 sq. ft. building located along Montgomery Avenue is available. Area retail includes Staples, Acme and Wawa. (continued on page twenty-six)
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October 5, 2012
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ICSC New York National Conference December 3-4, 2012 New York, New York The Dealmakers will be distributed at the ICSC New York National Conference in New York, NY, delivering your advertising message to the real decision makers. Our readers respond and our advertisers get results. SET THE STAGE Book appointments in advance by placing your ad in The Dealmakers November 23rd pre-show issue, telling everyone you’re ready to make deals! MAKE A STATEMENT Your ad will be hand-delivered to every attendee’s hotel room by 6 a.m. opening day and The Dealmakers December 7th show issue gets exposure on the show floor! FOLLOW UP In addition to powerhouse companies that read The Dealmakers every week, the December 14th post-show issue is mailed to attendees — giving you added exposure!
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Most Valuable Players
Pennsylvania
Rhode Island
(continued from page twenty-four)
For details, contact Douglas Green or Andrew Shpigel, Michael Salove Co., 1845 Walnut Street, 6th Floor, Philadelphia, PA 19103; 215-568-2600; Email: dgreen@ salove.com and ashpigel@salove.com; Web site: www.salove.com.
Rhode Island North Kingstown – Kingstown Plaza, a center located along Post Road, has spaces of 2,108 sq.ft. to 26,360 sq.ft. available. T.J. Maxx anchors the center and area retailers include Subway, Bank Of America, Burger King, Dunkin’ Donuts, Toyota, AT&T, Home Goods, Kohl’s and Rite Aid. Area demographics include a population of 70,938 within six miles earning $87,717 as the average household income. The average daily traffic count is 25,000 vehicles. For more information, contact Richard McKinnon or Jacob Grossman, The Grossman Cos., 1266 Furnace Brook Parkway, Suite 100, Quincy, MA 02169; 617-4722069/2049; Emails: richmck@grossmanco.
com and jake@grossmanco.com; Web site: www.grossmanco.com.
Cullinan Properties, Ltd........................... IFC
South Carolina Bluffton – Belfair Towne Village, a 166,639 sq.ft. center located at the intersection of Belfair Village Drive and Oak Forrest Road, has spaces of 1,680 sq.ft. to 5,787 sq.ft. available. Kroger anchors the center and cotenants include Wendy’s, Village Golf Shop, Stein Mart, Nathan’s Famous and IHOP. Area demographics include a population of 31,498 within five miles earning $80,370 as the average household income. Hilton Head – Circle Center, a 65,213 sq.ft. center located at the intersection of Pope Avenue and Cordillo Parkway, has spaces of 660 sq.ft. to 2,000 sq.ft. available. Bi-lo anchors the center and cotenants include Awards & Engraving and Tropical Outfitters. Area demographics include a population of 21,618 within five miles earning $125,449 as the average household income. For more information, contact Josh Durigan, Brixmor, 9101 International Drive, Suite 1600, Orlando, FL 32819; 407-9037939; Email: josh.durigan@brixmor.com; Web site: www.brixmor.com. DM
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For nationwide leasing availability visit www.colecapital.com/leasing, scan the qr code or contact brett Sheets, Senior vice president, leasing, at 602.778.6300 or via email at bsheets@colecapital.com. ColE iS not AFFiliAtEd or ASSoCiAtEd with, iS not EndorSEd by, doES not EndorSE, And iS not SponSorEd by or A SponSor oF thE tEnAntS or oF thEir produCtS or SErviCES piCturEd or mEntionEd. thE nAmES, logoS And All rElAtEd produCt And SErviCE nAmES, dESign mArkS And SlogAnS ArE thE trAdEmArkS or SErviCE mArkS oF thEir rESpECtivE CompAniES. *liStEd SF iS ApproximAtE And mAy inCludE propErty not ownEd by ColE.
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Create Your Next Opportunity Connect with DLC to learn about these featured leasing availabilities and others in our Midwest portfolio!
VISIT US AT THE ICSC CHICAGO DEAL MAKING CONFE RENCE : BOOTH 1004
East Park Plaza
University Place
Lincoln, NE
Carbondale, IL
1,200 SF - 31,650 SF Available
1,585 SF - 9,000 SF Available
Join Big Lots, Famous Footwear, Tuesday Morning & Dollar General.
Join Best Buy, TJ Maxx, Aldi, Petco & Dollar Tree.
2011 Population: (3 mi) 93,610 | Avg. Income: (3 mi) $62,379
2011 Population: (3 mi) 23,334 | Avg. Income: (3 mi) $32,149
Ultra Highland Plaza
The Oaks of Oakbrook
Highland, IN
Oakbrook, IL
2,340 SF - 13,917 SF Available
1,200 SF - 16,458 SF Available
Join Ultra Foods, CW Price, Big Lots & Dollar General.
Join AthletiCo, Panera Bread Wells Fargo & Pella Windows.
2011 Population: (3 mi) 91,620 | Avg. Income: (3 mi) $71,625
2011 Population: (3 mi) 79,671 | Avg. Income: (3 mi) $113,161
118 Shopping Centers : 31 States : 16.6 Million SF Midwest Office : 1315 W. 22nd Street : Oak Brook, IL 60523 : 630.571.6450 : dlcmgmt.com