Reporting The Nation’s Weekly News on Retailing & Retail Real Estate Volume XXVIII No. XXXIX
October 11, 2013
FEATURING home-related Chains Expand Nationwide Warehouse Home Furnishings Distributors, Inc. trades as Farmers Home Furniture at 180 locations throughout AL, FL, GA, NC and SC. The stores, offering furniture, appliances and home accents, occupy spaces of 15,000 sq.ft. to 20,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout AL during the coming 18 months. Typical leases run five years with options. A vanilla shell is required. Preferred cotenants include Dollar General, Dollar Tree, Big Lots and grocery stores. Preferred demographics include a population of 30,000 households within eight miles. For more information, contact Robert Garrett, Warehouse Home Furnishings Distributors, Inc., 1851 Telfair Street, Dublin, GA 31021; 478-275-6137, Fax 478-275-6136; Email: rgarrett@farmersfurniture.com; Web site: www.farmersfurniture.com. Mattress Factory operates 15 locations throughout NJ and NY. The mattress stores occupy spaces of 2,000 sq.ft. to 3,000 sq.ft. in freestanding locations and power centers. Plans call for two to four openings throughout NJ during the coming 18 months, with representation by Jeffery Realty, Inc. For more information, contact Bill Farkas, Jeffery Realty, Inc., 116 Route 22 East, North Plainfield, NJ 07060; 908-668-9600, Fax 908668-5225; Email: bfarkas@jefferyrealty.com; Web site: www.jefferyrealty.com.
Costello’s Ace Hardware operates 22 locations throughout NY. The home improvement stores, offering appliances, tools, household and outdoor items, as well as automotive supplies, occupy spaces of 10,000 sq.ft. to 30,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout NJ and Long Island, Queens, Staten Island and Westchester, NY during the coming 18 months, with representation by First Development Corp. Realty. For more information, contact Stuart Kramer, First Development Corp. Realty, 1328 Motor Parkway, Hauppauge, NY 11749; 631-2343200; Email: stu@fdcrealty.com; Web site: www.costellosace.com. El Dorado Furniture Corp. trades as El Dorado Furniture at 12 locations throughout Dade, Palm Beach and Broward counties in FL. The home furnishings stores, offering bedroom, living room, and dining room furniture, as well as home accents and decor, occupy freestanding locations, specialty and strip centers in spaces up to 100,000 sq.ft. Growth opportunities are sought throughout FL during the coming 18 months. For more information, contact Pedro Capo, El Dorado Furniture Corp., 4200 NW 167th Street, Miami, FL 33054; 305-624-9700, Fax 305-6245379; Email: pedro@eldoradofurniture.com; Web site: www.eldoradofurniture.com. (continued on page eight)
This issue contains information on: • Retailers operating 14,054 locations with plans to open 1,397 sites • Real estate valued in excess of $57 million to be bought, sold & financed • Leasing activity on over 2.2 million sq.ft. of retail properties s Postmaster: Periodical New nt a te rt di Impo se Expe Plea
icsc virginia idea exchange New Construction Konover South to develop Publix anchored center in FL................. Pg. 3 Buyers and Sellers Colliers closes the sale of two centers in GA............................. Pg. 4 Food Chains Expand Zinburger to grow from New England to FL.............................. Pg. 5 Pavo Reale to enter the MidAtlantic markets.......................... Pg. 5 Who’s Opening and Where Von Maur to enter AL................. Pg. 6 Lease Signings Taylor Long Properties inks deal with Kroger in VA....................... Pg. 7 Zell Commercial brokers two anchor deals with C-A-L Ranch stores in AZ................................ Pg. 7 Exclusives Atlantic Retail reps FlyWheel in FL............................................... Pg. 7 Making the News Divaris staffs up property management services.................. Pg. 8 Sources of Financing Meridian Capital closes loan on shopping center in NJ................. Pg. 8 Lead Sheet Claire’s to open 50 stores........... Pg. 9 Bealls to open 40 stores.............. Pg. 10 Alamo Drafthouse Cinema to enter the Mid-Atlantic market..... Pg. 12 Space Place................................ Pg. 14
JERSEY MIKE’S CONTINUES NATIONAL EXPANSION >>> Strong Focus on East Coast Growth One of the country’s fastest growing fast-casual concepts Jersey Mike’s Subs, known for its fresh sliced/fresh grilled Jersey Shore-style subs, continues its national expansion with the opening of two new East Coast markets: New York (Market #34) and Delaware (Market #35). The popular sub chain is now in most major metro areas including Chicago, Manhattan and Washington, DC. With more than 100 restaurants in California alone and many more on the way throughout the nation, authentic Jersey Mike’s subs are now available in more than 650 locations from coast to coast. “Last year, Jersey Mike’s experienced record-setting growth and we are on track to blow by that in 2013,” said Mike Parkhill, Senior Vice President, Director of Real Estate, Jersey Mike’s Subs. “Finding A locations is one of our biggest challenges and we are gratified that as our brand grows across the country, landlords are now seeking us out to be in their centers.” Started at the Jersey Shore in 1956, Jersey Mike's continued its steady growth in 2012 opening 92 new restaurants throughout the country, a 33 percent increase in new store growth over 2011. Recently, Technomic ranked Jersey Mike’s the 3rd fastest-growing restaurant chain with sales above $200 million and the company was named one of the top 10 growth companies based on U.S. systemwide sales in the 2013 Nation’s Restaurant News Second 100 ranking. Jersey Mike’s ranked #1 in growth in the sandwich segment. RestauRant VeteRans Join BRand A big part of the growth comes from restaurant industry veterans who are looking to expand their portfolios and have enthusiastically embraced the Jersey Mike’s concept, according to Parkhill. In recent years, many multi-brand, multi-unit operators with extensive operational experience and strong financing have joined up with Jersey Mike’s. “Many of our franchise partners bring decades of knowledge and operational expertise from major brands including Hardee’s, Dunkin’ Donuts, Little Caesars, Smashburger, Wingstop and others,” Parkhill said. “They are attracted by our fresh, quality product, distinctive culture and strong business model.” This interest is no surprise as Jersey Mike’s wins best sub awards in virtually every market it enters. Jersey Mike's has passionate fans
throughout the country who crave their subs made Mike's Way™ with onions, lettuce, tomatoes and a signature olive oil blend, red wine vinegar and spices. The company uses only private labeled meats and cheeses that are sliced fresh for each sub sandwich and piled high on in-store baked bread. Jersey Mike’s culture also sets the brand apart. “Giving...making a difference in someone’s life” has always been a guiding principle at Jersey Mike’s. It’s a philosophy that Jersey Mike’s founder and CEO, Peter Cancro (who opened his first store when he was only 17 years old, before he could even legally operate the slicer), has emphasized to each and every Jersey Mike’s store owner: support the community that supports you. Since 2010, locations throughout the country have raised nearly $7 million for worthy local charities and distributed more than 500,000 free sub sandwiches to help numerous causes. This past March, Jersey Mike’s celebrated its 3rd Annual “Month of Giving,” a national fundraising campaign, raising $1.7 million for 86 local charities. east Coast GRowth Among other regions, Jersey Mike’s is pursuing strong development efforts on the East Coast. The company opened, to long lines, its first Manhattan location, in the Financial District, in July and has a second restaurant planned to open in Midtown in September. “In addition to New York City, we are also growing in New Jersey and Eastern Pennsylvania, including the Philadelphia area,” said Parkhill. “We also just opened the first Jersey Mike’s restaurant in the state of Delaware, in Rehoboth Beach, in July and have additional units planned.” By next year, Jersey Mike’s expects to open another 25 restaurants in New York and New Jersey alone. “We love sharing the Jersey Mike’s experience with local landlords because once they feel the energy in the restaurant, taste an authentic Jersey Shore-style sub and see the traffic into the store, they want us in their location,” Parkhill said. “Above all, we are focused on smart growth with the right franchisees in the right locations.”
For more information, please contact Mike Parkhill, Senior Vice President, Director of Real Estate, 732-208-0900, MParkhill@jerseymikes.com. A store locator, franchise information and real estate details for Jersey Mike’s can be found at www.jerseymikes.com.
new construction Konover South Development Corp. has been appointed the fee developer for Grand Oaks Town Center, a 90,000 sq.ft. center situated on 14 acres at the intersection of 27th Avenue and 42nd Street in Ocala, FL. A 45,600 sq.ft. Publix will anchor the center, along with 16,800 sq.ft. of inline space and four outparcels. Opening is slated for October 2014. For more information, contact Konover South Development Corp., 431 Fairway Drive, Deerfield Beach, FL 33441; 954354-8282, Fax 954-354-8283; Web site: www.konoversouth.com.
President/Publisher Ann O’Neal • ann@dealmakers.net Editor Erin Dunkley • erin@dealmakers.net Editor Stephanie Weaver • stephanie@dealmakers.net Art Director Anthony Pingicer • anthony@dealmakers.net Director of Business Development Brenda Buchanan • brenda@dealmakers.net Account Executive Jacqueline Pelicano • jp@dealmakers.net Research Assistant Brenda Robinson • brendar@dealmakers.net Customer Service custserv@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 2013 by TKO Real Estate Advisory Group Inc. 609-587-6200, fax 609-587-3511.
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LMS Commercial Real Estate is preleasing Millersville Commons, an 18,800 sq.ft. strip center located at the intersection of Route 741/Millersville Road and Barbara Street in Millersville, PA. Shop spaces of 1,600 sq.ft. to 2,200 sq.ft., along with a 3,800 sq.ft. freestanding bank pad site, are available. Area demographics include a population of 283,076 within a 10-mile radius earning $68,663 as the average household income. The average daily traffic count is 15,000 vehicles. Area retailers include Lowe’s Home Improvement, Dollar Tree and Sleepy’s. The center is slated to open during summer 2014. The company is also preleasing Village Commons, a 15,000 sq.ft. strip center located at the intersection of Route 72/Manhiem Pike and Miller Road in East Petersburg, PA. Phase one and phase two of construction has six spaces each of 1,250 sq.ft. available. Lancaster General Health, Drayer Physical Therapy and U.S. Postal Services will anchor the center. Cotenants include Innovative Designs & Planning and Boak Insurance. Area retailers include Wawa and Burger King. Area demographics include a population of 146,591 within a five-mile radius earning $73,771 as the average household income. The average daily traffic count is 19,000 vehicles. The center is slated to open during fall 2014. For more information, contact Donna Deerin Ward, LMS Commercial Real Estate, 120 North Pointe Boulevard, Suite 301, Lancaster, PA 17601; 717-569-9373; Email: ddeerin@lms-pma.com; Web site: www.lms-pma.com. Ripco Real Estate preleasing Broadway Plaza, a 120,000 sq.ft. development located at the intersection of Broadway and Verveelen Place in Bronx, NY. The center is slated to open during spring 2014. The company is also preleasing The Crossings at Southern, a 40,000 sq.ft. development located at the intersection of Hunts Point Avenue and Southern Boulevard in Bronx, NY. Cotenants include Deals by Dollar Tree and McDonald’s. The center is slated to open during 2014. The company is also preleasing New Frontier, a mixed-use development located at the intersection of Broadway/ Route 110 and Nathalie Avenue in Amityville, NY. Spaces up to 33,000 sq.ft., as well as a 6,000 sq.ft. restaurant pad site, are available. The average daily traffic count is 32,000 vehicles. The center is slated to open during 2014. For more information, contact Ripco Real Estate, 420 Jericho Turnpike, Suite 100, Jericho, NY 11753; 516-933-8880, Fax 516933-2514; Web site: www.ripcony.com.
US Realty Associates, Inc. is preleasing The Pavilion at Quakertown, a 15-acre development located at the intersection of Route 309 and Pumping Station Road in Quakertown, PA. Spaces of 14,365 sq.ft.; 30,000 sq.ft. and 45,000 sq.ft. are available, along with a pad site with a drive-thru. Area retailers include BJ’s Wholesale Club, PetSmart, Ulta, Target, Aldi, Wawa, Chickfil-A, rue 21, Best Buy, Five Below, Staples, Sleepy’s and Red Robin. Area demographics include a population of 122,415 within a five-mile radius earning $84,967 as the average household income. For more information, contact Gregory Bianchi or Michele Grasso, US Realty Associates, Inc., 120-124 East Lancaster Avenue, Suite 101, Ardmore, PA 19003; 215-557-9900 Ext. 1141/1118, Fax 267-2330394; Emails: gbianchi@eusrealty.com and michelegrasso@eusrealty.com; Web site: www.eusrealty.com. CenterCal Properties, LLC is preleasing Station Park, a proposed lifestyle center located at the intersection of Interstate 15 and Highway 89 in Farmington, UT. Area demographics include a population of 751,765 within 20 miles earning $71,444 as the average household income. For more information, contact Chris Byers or Gary Hall, CenterCal Properties, LLC, 1600 East Franklin Avenue, El Segundo, CA 90245; 801-451-5993; Emails: cbyers@centercal.com and ghall@centercal.com; Web site: www.centercal.com. ARC Properties, Inc. is preleasing a 105,000 sq.ft. retail space for a proposed 43-acre project located at the intersection of Fire Road and West Mill Road in Egg Harbor Township, NJ. Area retailers include Wawa, Acme, CVS, ShopRite, PNC Bank, Kmart, Wells Fargo Bank, Walgreens, Sam’s Club, Home Depot, Lowe’s Home Improvement and Walmart. Area demographics include a population of 90,093 within five miles earning $60,280 as the average household income. The average daily traffic count is 19,250 vehicles along Fire Road. For more information, contact Michael A. Holl, ARC Properties, Inc., 1401 Broad Street, Clifton, NJ 07013; 973-249-1000 Ext. 112, Fax 973-249-1001; Web site: D www.arcproperties.com. M For Press Coverage on your proposed or new construction or redevelopment project send marketing brochures to ann@dealmakers.net October 11, 2013 | Page 3
buyers and sellers LaSala-Sonnenberg Commercial Realty, Co. is selling pad sites ranging from 0.9 acres to nine acres at Blue Ridge Crossing Shopping Center, located at the intersection of Interstate 70, Highway 40 and Blue Ridge Boulevard in Kansas City, MO. Cotenants include Walmart Supercenter, Lowe’s Home Improvement, Starbucks and Chipotle. Area retailers include Kmart, Office Depot, Dick’s Sporting Goods, Target, Bass Pro Shop and Sam’s Club. Area demographics include a population of 156,895 within five miles earning $46,349 as the median household income. For more information, contact Mike Sonnenberg or Chad LaSala, LaSalaSonnenberg Commercial Realty, Co., 6310 Lamar Avenue, Suite 100, Overland Park, KS 66202; 913-956-5812/5813; Emails: mike@lasala-sonnenberg.com and chad@lasala-sonnenberg.com; Web site: www.lasala-sonnenberg.com. Colliers International negotiated the sale of Acworth Crossing, a 118,829 sq.ft. power center located along Cobb Parkway Northwest in Acworth, GA. At the time of the sale, Best Buy, Michaels, PetSmart and Dollar Tree anchored the center. The property was acquired for $12.5 million. The company also negotiated the sale of Acworth Avenue Shops, a 16,130 sq.ft. strip center located along Cobb Parkway Northwest in Acworth, GA. The property was acquired for $3.6 million. The company represented the seller in both transactions. For more information, contact Joseph Montgomery or Tony D’Ambrosio, Colliers International, 601 Union Street, Suite 4800, Seattle, WA 98101; 206-695-4200; Web site: www.colliers.com.
Cassidy Turley San Diego negotiated the sale of an 85,995 sq.ft. retail building at Yuma Mesa Shopping Center, located along West 16th Street in Yuma, AZ. The property was acquired for $6.25 million by Del Mar Heights Village Partnership. The company represented the buyer and Capital Pacific represented the seller in the transaction. The company also negotiated the sale of a 6,500 sq.ft. retail building located along South Melrose Drive in Vista, CA. The property was acquired for $990,000 by Acme Investments, Inc. The company represented the seller in the transaction. For more information, contact Kelsey Kauffroath, Cassidy Turley San Diego, 4350 La Jolla Village Drive, Suite 500, San Diego, CA 92122; 858-625-5299, Fax 858-630-6320; Email: kelsey.kauffroath@cassidyturley.com; Web site: www.cassidyturley.com. Stan Johnson Co. negotiated the sale of a 10,692 sq.ft. O’Reilly Auto Parts located along Calumet Drive in Manitowoc, WI. The property was acquired for $1.005 million. The company represented the buyer in the transaction. For more information, contact Daniel Herrold, Stan Johnson Co., 6120 South Yale Avenue, Suite 813, Tulsa, OK 74133; 918494-2690; Email: dherrold@stanjohnsonco. com; Web site: www.stanjohnsonco.com. Ness Holdings, Inc. acquired a six-tenant retail property located along Beverly Boulevard in Los Angeles, CA for $6.2 million. At the time of sale tenants included Terroni Restaurant. For more information, contact Ness Holdings, Inc., 6380 Wilshire Boulevard, Suite 1020, Los Angeles, CA 90048; 323933-0018, Fax 323-933-0032; Web site: www.nessholdings.com.
Baum Realty Group, LLC is selling Randall Plaza, a 28,506 sq.ft. shopping center in Crystal Lake, IL.
Cambridge Capital Advisors negotiated the sale of an Advance Auto Parts in Channelview, TX. The property was acquired for $1.871 million. The company is also selling the Shoppes of Paris, a 16,000 sq.ft. shopping center located in Paris, TX. Walmart shadowanchors the center and tenants include Dollar Tree, GameStop and The Cash Store. Area retailers include CVS, Walgreens, Petco, Office Max, Hobby Lobby, Bealls, JCPenney, Subway, Applebee’s, Taco Bell, Burger King, CATO, Aaron’s, CiCi’s Pizza and Sprint. Area demographics include a trade-area population within one mile earning $70,000 as the average household income. The average daily traffic count is 19,700 vehicles. The asking price is $2.239 million with a Cap rate of 8%. For more information regarding the Advance Auto Zone property, contact Tim Bulman, Cambridge Capital Advisors, 49 Lexington Street, Suite 5, West Newton, MA 02465; 617-964-1031, Fax 617-964-1037; Email: info@cambridgecapitaladvisors.com; Web site: www.cambridgecapitaladvisors.com. For more information regarding the Shoppes of Paris property, contact Michael V. Scanio. Baum Realty Group, LLC is selling Randall Plaza, a 28,506 sq.ft. shopping center, with an adjacent 5.9-acre parcel, located along Randall Road in Crystal Lake, IL. The property is 83% occupied and tenants include Fire Bar & Grill, Infinity Day Spa, Title Boxing Club, Nail Envy and Tobacco City. Area demographics include a population of 144,000 within a five-mile radius earning $102,000 as the average household income. The average daily traffic count is 43,000 vehicles. The asking price for the shopping center is $4.5 million and the asking price for the parcel is $1.9 million. For more information, contact Benjamin Brichta, Danny Spitz or Greg Dietz, Baum Realty Group, LLC, 1030 West Chicago Avenue, Chicago, IL 60642; 312-2753127/3139/3125; Emails: ben@baumrealty.com; danny@baumrealty.com and greg.dietz@baumrealty.com; Web site: www.baumrealty.com. Bennett Williams negotiated the sale of Shoppes at Silver Spring, a 33,545 sq.ft. shopping center located along Carlisle Pike in Mechanicsburg, PA. GVS Partners, LLC acquired the property from RJH Investments, LLC. The company represented the seller in the transaction. For more information, contact Chad Stine or Brad Rohrbaugh, Bennett Williams; 717-843-5555; Web site: www.bennettwilliams.com. DM
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food chains expand nationwide Wasa Sushi and Izakaya Wasa operate three locations in Orange County, CA. The Japanese restaurants occupy spaces of 1,500 sq.ft. to 3,000 sq.ft. in endcaps of shopping centers, as well as split pad sites. Growth opportunities are sought throughout Apple Valley, Victorville and Yucca Valley, CA during the coming 18 months, with representation by Commercial West Brokerage. The Habit Burger Grill operates 68 locations throughout AZ and CA. The restaurants occupy spaces of 2,000 sq.ft. to 2,400 sq.ft. in endcaps of shopping centers and freestanding locations. Growth opportunities are sought throughout Inland Empire and Orange County, CA during the coming 18 months, with representation by Commercial West Brokerage. El Pollo Locco operates more than 400 locations throughout AZ, CA, CO, CT, GA, IL, NV, OR, TX and UT. The Mexican-inspired restaurants occupy spaces of 1,800 sq.ft. to 2,500 sq.ft. in endcaps of shopping centers and freestanding locations. Growth opportunities are sought throughout Apple Valley, Victorville and Yucca Valley, CA during the coming 18 months, with representation by Commercial West Brokerage. Panera Bread operates 1,625 locations throughout 40 states nationwide, as well as in Canada. The restaurants, offering sandwiches, soups, salads and baked goods, occupy spaces of 4,000 sq.ft. to 4,600 sq.ft. in endcaps of shopping centers, as well as freestanding pad sites. Growth opportunities are sought throughout Orange County and select markets in Los Angeles County, CA during the coming 18 months, with representation by Commercial West Brokerage. Chipotle operates 1,350 locations nationwide. The Mexican-inspired restaurants occupy spaces of 2,000 sq.ft. to 2,400 sq.ft. in endcaps of shopping centers and freestanding locations. Growth opportunities are sought throughout Orange County, CA during the coming 18 months, with representation by Commercial West Brokerage. For more information regarding Wasa Sushi or El Pollo Locco, 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. For more information regarding The Habit Burger Grill, Panera Bread or Chipotle, contact John Romm; Email: jromm@commercialwest.com. Wendy’s operates more than 6,800 locations nationwide and internationally. The fast-food restaurants occupy spaces of 3,000 sq.ft. in freestanding locations and pad sites. Growth opportunities are sought Dealmakers Magazine | www.dealmakers.net
throughout NJ, NY and Philadelphia, PA during the coming 18 months, with representation by Studley Retail. Zinburger operates three locations in Clifton, Cherry Hill and Paramus, NJ. The restaurants, offering gourmet burgers, salads, sides and shakes, as well as wine and beer, occupy spaces of 5,500 sq.ft. in endcaps or inline spaces of upscale and lifestyle shopping centers, and boutique downtown areas. Growth opportunities are sought east of the Mississippi River, from New England to southern FL during the coming 18 months, with representation by Studley Retail For more information regarding Wendy’s, contact Jeff Lagowitz or Justin Korinis, Studley Retail, 3414 Peachtree Road, Suite 1000, Atlanta, GA 30326; 201-5564983/4967; Emails: jlagowitz@studley.com and jkorinis@studley.com; Web site: www. studley.com. For more information regarding Zinburger, contact Jeff Lagowitz. MPC Franchise, LLC trades as Pudgie’s Pizza, Pasta & Subs at five locations throughout MD, NY and PA. The restaurants occupy spaces of 3,200 sq.ft. to 5,000 sq.ft. in strip centers and freestanding locations. Growth opportunities are sought nationwide, with a focus in the existing markets, during the coming 18 months. Preferred demographics include a population of 25,000 within a twomile radius earning $40,000 as the average household income. Major competitors include pizzerias and sub shops. The company is franchising. For more information, contact David Cleary, MPC Franchise, LLC, 350 South Main Street, Elmira, NY 14904; 607-734-4869, Fax 607-734-4983; Email: david@pudgiespizza.com; Web site: www.pudgiespizza.com.
Pavo Reale operates one location in Austin, TX. The fast-casual restaurant occupies spaces of 1,500 sq.ft. to 3,000 sq.ft. in various retail settings. Growth opportunities are sought throughout MD, VA and Washington, DC during the coming 18 months, with representation by Renaud Consulting. For more information, contact Leonard Pick, Renaud Consulting, 8605 Westwood Center Drive, Suite 410, Vienna, VA 22182; 571765-4424; Email: lpick@renaudconsulting.net; Web site: www.renaudconsulting.net. Subway operates more than 40,000 locations nationwide, and internationally. The sub shops occupy spaces of 1,200 sq.ft. in endcaps or inline spaces of shopping centers, as well as freestanding locations with a drive-thru. Growth opportunities are sought throughout Broward County, FL during the coming 18 months, with representation by The Rotella Group, Inc. For more information, contact Christopher Rotella, The Rotella Group, Inc., 3300 North Federal Highway, Suite 200, Ft. Lauderdale, FL 33306; 954-568-9015, Fax 954-5689597; Email: chris@rotellagroup.com; Web site: www.rotellagroup.com. Protein Bar operates 18 locations throughout CO, IL and Washington, DC. The chain of restaurants, offering high-protein food and drinks, occupy spaces of 2,000 sq.ft. to 3,000 sq.ft. in various retail settings. Growth opportunities are sought throughout the Washington, DC metropolitan area during the coming 18 months, with representation by streetsense. For more information, contact streetsense, 3 Bethesda Metro, Suite 140, Bethesda, MA 20814; Web site: www.streetsense.com. DM
Protein Bar is seeking growth opportunities throughout the Washington, DC metropolitan area during the coming 18 months. October 11, 2013 | Page 5
who’s opening and where Darden Restaurants, Inc. (407-245-4000) is planning to open a Seasons 52 restaurant at the 70,000 sq.ft. expansion of Columbia Mall, located in Columbia, MD during late 2014. The company will join Wilson’s Leather, The Art of Shaving, a future Zoe’s Kitchen, Arhaus, Secolari, Soma Intimates and Stride Rite at the center. The company is also slated to open a Seasons 52 restaurant along Park Meadows Center Drive in Lone Tree, CO during summer 2014. It will be the company’s first location in the state. The company trades as LongHorn Steakhouse, Olive Garden, Red Lobster, Bahama Breeze, Seasons 52, The Capital Grille, Eddie V’s Prime Seafood and Yard House at more than 2,000 locations nationwide. Saks, Inc. (212-940-5305) is planning to open a 25,000 sq.ft. Saks Fifth Avenue OFF 5TH at Palm Beach Outlets, located along Palm Beach Lakes Boulevard in West Palm Beach, FL during February 2014. The company will join Nordstrom Rack and Whole Foods at the shopping center. The company, offering merchandise for men, women and children, as well as jewelry, beauty items, shoes, handbags and sunglasses, currently operates more than 42 locations nationwide and trades as Saks Fifth Avenue and OFF Fifth. BC Investors, Inc. (859-281-1101) is planning to open a Goodfellas Pizzeria restaurant along Main Street in the Overthe-Rhine neighborhood of Cincinnati, OH during spring 2014. It will be the company’s first location in the state. The restaurant will feature an 800 sq.ft. outdoor patio space and a full-service bar with more than 20 craft beers on tap. The company currently operates three locations throughout KY.
Belk, Inc. (866-235-5443) is planning to open a 95,000 sq.ft. Belk store at Atlantic North, a 1.4 million sq.ft. shopping mall located the intersection of Atlantic Boulevard and Kernan Boulevard in Jacksonville, FL during 2015. The company will join JCPenney, Dillards, Sears, LA Fitness, 7-Eleven, Academy Sports and a future Earth Fare store at the center. Construction is slated to commence July 2014. The company, offering apparel, accessories and footwear for men, women and children, operates more than 300 locations throughout the eastern, midstates and southern regions of the U.S. Von Maur, Inc. (563-388-2200) is planning to open an 185,000 sq.ft. Von Maur store at Riverchase Galleria Mall, located in Hoover, AL during 2015. The company will join Brooks Brothers, Nic & Zoe, Donald J Pliner, Coach, Joe’s Jeans, Hugo Boss, and Tommy Bahama at the mall. It will be the chain’s first location in the state. The company, offering apparel, footwear and accessories for men, women and children, currently operates more than 27 locations throughout 11 states nationwide. MOOYAH Franchise, LLC (855-666-9247) is planning to open two MOOYAH Burgers, Fries & Shakes restaurants in San Diego County, CA during 2014. The company, based in TX and offering burgers, hotdogs, fries and dessert items, currently operates locations throughout 11 states. Christopher’s (610-687-6558) is slated to open a 4,300 sq.ft. restaurant at Eastside Flats, located along King Street in Malvern, PA during 2014. It will be the company’s second location.
Hennes & Mauritz AB (212-564-9922) is planning to open a Collection of Style, also known as COS, store located in the SoHo neighborhood of New York, NY during spring 2014. The new concept will offer men’s apparel, shoes and accessories. The company, offering apparel, footwear and accessories for men, women and children, currently operates 278 stores trading as H&M throughout the U.S. The Fresh Market (336-272-1338) is planning to open supermarkets during 2014, at Fisherman’s Wharf along Indiantown Road in Jupiter, FL, along with a location along Collins Road in Cedar Rapids, IA. The chain of supermarkets currently operates more than 144 stores spanning 26 states throughout the Southeast, Midwest, Mid-Atlantic, Northeast and Western regions of the U.S. MOM’s Organic Market (240-556-1700) is planning to open a location at Rosemont Square, located in Bryn Mawr, PA during 2014. It will be the company’s first location in the state. The store will feature a restaurant and organic grocery items. The company currently operates 10 specialty grocers the Washington, DC and Baltimore, MD areas. Smokey Bones Bar & Fire Grill (407-8941511) is planning to open an 8,100 sq.ft. restaurant at Westfield South Shore Mall, located in Bay Shore, NY during spring 2014. The restaurant will feature two open-air patio areas, newly designed brand elements and 365 guest seating capacity. The company currently operates 65 locations throughout 17 states nationwide. Whiskey Cake Kitchen & Bar (972-9932253) is planning to open an 8,000 sq.ft. restaurant at Hughes Landing development, located in Houston, TX during early 2015. It will be the company’s first location in the area. The company, offering salads, burgers, sandwiches, entrees and alcoholic beverages, currently operates one location in Plano, TX. Blaze Pizza, LLC (626-584-5880) is planning to open Blaze Fast-Fire’d Pizza restaurants throughout Los Angeles, CA during 2014. The company, through franchisees, also plans to open locations in New York, NY; Chicago, IL; Miami, FL: Detroit, MI; Milwaukee, WI; Indianapolis, IN; Houston, TX and Washington, DC. DM
follow us on twitter Seasons 52 is planning to open at the 70,000 sq.ft. expansion of Columbia Mall in Columbia, MD during late 2014.
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Page 6 | October 11, 2013 Dealmakers Magazine | www.dealmakers.net
lease signings De Rito Partners, Inc. (480-834-8500) negotiated the following leases throughout AZ: with The Pedal Bike Shop for 3,763 sq.ft. at the intersection of Wilson Street and West University Drive in Tempe, with the company representing the landlord in the transaction; with MyBullfrog.com for 2,000 sq.ft. at the intersection of Gilbert Road and Warner Road in Gilbert, with the company representing the landlord in the transaction; with Van’s Golf Shop for 7,500 sq.ft. at SanTan Village Furniture Center, located at the intersection of SanTan Village Parkway and Market Street in Gilbert, with the company representing the landlord in the transaction; with L’Mage Salon for 3,598 sq.ft. at Gilbert Town Square, located at the intersection of Gilbert Road and Warner Road in Gilbert, with the company representing the landlord in the transaction; with TitleMax for 5,592 sq.ft. along West Frye Boulevard in Sierra Vista, with the company representing the tenant in the transaction; with Javelina Cycles for 5,000 sq.ft. at the intersection of 68th Street and Thomas Road in Scottsdale, with the company representing the tenant in the transaction; with Paws Attractions for 1,265 sq.ft. at Monterey Vista Village, located at the intersection of Pecos Road and McQueen Road in Chandler, with the company representing the tenant in the transaction; with NexTech Repair for 1,000 sq.ft. along Loop 101 Freeway in Scottsdale, with the company representing the tenant in the transaction; with Classic Home Furnishings for 3,800 sq.ft. at Verde Valley Plaza, located at the intersection of Highway 89A and Highway 260 in Cottonwood, with the company representing the landlord in the transaction; with Style for Less for 4,000 sq.ft. at Scottsdale Fiesta Shopping Center, located at the intersection of Loop 101 Freeway and Shea Boulevard in Scottsdale, with the company representing the tenant in the transaction and with Arizona School for Integrated Academics and Technologies for 10,194 sq.ft. at the intersection of 12th Street and Washington Street in downtown Phoenix, with the company representing the landlord in the transaction. Jeffery Realty (908-668-9600) negotiated a deal with Rent-A-Center for 5,281 sq.ft. at Keyport Shopping Plaza, located along Route 35 in Keyport, NJ. The company also negotiated a lease with H&R Block for 2,277 sq.ft. at Seaview Square, located along Route 66 in Ocean Township, NJ. Taylor Long Properties, Inc. (804-864-9788) negotiated a lease with Kroger Marketplace for 86,000 sq.ft. along Temple Avenue in Colonial Heights, VA. Dealmakers Magazine | www.dealmakers.net
Zell Commercial Real Estate Services, Inc. (602-248-0600) negotiated the following leases throughout AZ: with Elation Skin Spa for 896 sq.ft. at 7th Street Plaza, located along East Union Hills Drive in Phoenix, with the company representing the landlord and U.S. Preferred Realty representing the tenant in the transaction; with C-A-L Ranch Stores for 75,706 sq.ft. at Mervyn’s Plaza in Yuma and for 50,311 sq.ft. at The Market at Estrella Falls, located at the intersection of West McDowell Road and Pebble Creek Parkway in Goodyear; with Family Traditions BBQ for 3,100 sq.ft. at Bell Tower Village Shopping Center, located at the intersection of Bell Road and 51st Avenue in Phoenix, with the company representing the landlord in the transaction and with Pink Q Nails for 1,323 sq.ft. at Tatum Park Place Shopping Center, located along North Tatum Boulevard in Phoenix, with the company representing the tenant and Phoenix Commercial Advisors representing the landlord in the transaction. The Katsias Co. (757-490-3585) negotiated leases throughout Virginia Beach, VA: with Fox Brother’s Paintball Park for 1,600 sq.ft. at Holland Plaza Shopping Center; with Plaza Azteca for 4,190 sq.ft. along West Great Neck Road and with Chizzled Nutrition for 1,100 sq.ft. along Pinewood Road. The company also negotiated a lease with Massage Envy for 3,640 sq.ft. at Marketplace at Tech Center in Newport News, VA and with Pendleton Woolen Mills, Inc. for 4,150 sq.ft. along High Street in Williamsburg, VA. Pyramid Brokerage Co. (716-200-0151), in partnership with Cushman & Wakefield Alliance, negotiated a lease with Planet Fitness for 15,000 sq.ft. at Big Lots Plaza, a 137,000 sq.ft. shopping center located along South Transit Road in Lockport, NY. WindStar Properties (214-526-2700) negotiated a lease with State Farm for 1,800 sq.ft. at Midway Market Shopping Center, located at the intersection of Midway Road and Frankford Road in Dallas, TX. The company represented the landlord, WindStar Midway Partners, LLC, and Anderson Commercial Real Estate, Inc. represented the tenant in the transaction. KeyPoint Partners, LLC (781-273-5555) negotiated a lease renewal with Kohl’s at The Crossings, a 475,000 sq.ft. shopping center located in Newington, NH. The company represented the landlord in the transaction. Spencer Hines Properties, Greenville, LLC (864-313-4815) negotiated a lease with Uptown Salon, LLC for 1,400 sq.ft. along East North Street in Greenville, SC. DM
exclusives and leasing assignments R.J. Brunelli (732-721-5800) is representing Ulta with its expansion plans throughout central and northern NJ. The beauty supply stores occupy spaces of 10,500 sq.ft. Preferred demographics include a population of 90,000 within a five-mile radius earning $85,000 as the median household income. Specific improvements are required. The company is also representing Trader Joe’s with its expansion plans throughout select markets in NJ. The supermarkets utilize spaces of 12,000 sq.ft. to 12,500 sq.ft. in strip centers and freestanding locations. The company prefers to locate near neighborhood or community shopping centers, as well as along highways and other major retail corridors. Atlantic Retail Properties (561-427-6699) is representing the following retailers with their expansion plans throughout FL: Cheddar’s using spaces of 7,000 sq.ft. to 8,000 sq.ft. from Port St. Lucie to Daytona; Performance Bicycle occupying spaces of 6,000 sq.ft. to 10,000 sq.ft.; Family Christian utilizing spaces of 4,000 sq.ft. to 6,000 sq.ft.; FlyWheel in spaces of 4,000 sq.ft. and Heartland Dental Care occupying spaces of 3,000 sq.ft. to 4,000 sq.ft. throughout southern FL; Chuck Burger Joint using spaces of 2,400 sq.ft.; Relax the Back utilizing spaces of 2,000 sq.ft. to 3,000 sq.ft.; Little Caesars in spaces of 1,200 sq.ft. to 1,500 sq.ft. in Broward County, Martin and Palm Beach and Omaha Steaks occupying spaces of 1,000 sq.ft. Sabre Real Estate (516-874-8070) is representing PepBoys with its expansion throughout Long Island, NY. The automotive service centers occupy spaces of 5,000 sq.ft. to 8,000 sq.ft. Preferred average daily traffic counts include 22,000 vehicles. The company is also representing Pet Valu with its expansion plans throughout Long Island, NY. The pet supply stores utilize spaces of 2,000 sq.ft. to 4,000 sq.ft. in neighborhood shopping centers in affluent neighborhoods. Miller Walker Retail Real Estate (202-3330303) is representing Pinkberry with its expansion plans throughout Montgomery County, MD, with a focus throughout Bethesda, Chevy Chase, Gaithersburg, Germantown, Rockville and Silver Spring. The frozen yogurt shops utilize spaces of 1,000 sq.ft. to 1,500 sq.ft. HFF (404-942-2212) has been appointed as the exclusive sales broker for Big Oaks Crossing, a 348,236 sq.ft. shopping center located in Tupelo, MS. Walmart Supercenter, JoAnn Fabrics and Sam’s Club anchor the center. The property is 96% occupied. DM October 11, 2013 | Page 7
home-related chains expand nationwide (continued from page one)
Ben’s Brands for Less operates 14 locations throughout GA. The stores, offering home office, living room, dining room and bedroom furniture, as well as mattresses, occupy various sizes of space in retail settings. Growth opportunities are sought throughout the Atlanta, GA metropolitan area during the coming 18 months. For more information, contact Ben Haverty, Ben’s Brands for Less, 6065 Barfield Road, Suite 222, Sandy Springs, GA 30328; 404-856-3463, Fax 404-856-3468; Email: bhaverty@bens.com; Web site: www.bens.com. Hughes Lumber Co. operates eight locations in OK. The lumber yards occupy freestanding locations on land areas of four acres. Growth opportunities are sought throughout the existing market during the coming 18 months. The company will only acquire sites and will consider acquiring second generation freestanding locations. For more information, contact Tom Hughes, Hughes Lumber Co., PO Box 2220, Tulsa, OK 74101; 918-266-9140, Fax 918266-9177; Web site: www.hugheslumber.net. City Furniture, Inc. trades as City Furniture at 25 locations throughout FL. The home furnishings stores occupy spaces of 30,000 sq.ft. to 60,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout central FL during the coming 18 months. For more information, contact Rick Hasslinger, City Furniture, Inc., 6701 North Hiatus Road, Tamarac, FL 33321; 954597-2200 Ext. 7465, Fax 954-718-3362; Email: rickh@cityfurniture.com; Web site: www.cityfurniture.com.
The Alley operates five locations throughout CA. The home furnishings stores occupy spaces of 15,000 sq.ft. to 30,000 sq.ft.in freestanding locations, power and specialty centers. Growth opportunities are sought throughout southern CA during the coming 18 months, with representation by Marek, Inc. Typical leases run five to 10 years. Preferred cotenants include Target and T.J. Maxx. Preferred demographics include a population of 10,000 within five miles earning $80,000 as the average household income. For more information, contact William Marek, Marek, Inc., 80250 Highway 11, Indio, CA 92201; 760-347-7200, Fax 760345-1076; Web site: www.thealley.info. RTA Furniture Distributors, Inc. trades as Just Cabinets Furniture & More at 20 locations throughout DE, MD, NJ and PA. The stores, offering living room, bedroom and dining room furniture, as well as mattresses, outdoor and home office items and kitchen cabinetry, occupy spaces 16,000 sq.ft. to 20,000 sq.ft. in freestanding locations, outlet, strip and value centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Preferred cotenants include Target and T.J. Maxx. Preferred demographics include a population of 10,000 within one mile earning $50,000 as the average household income. Major competitors include Oak Express. A land area of two acre is required for freestanding locations. For more information, contact Ted Bernstein, RTA Furniture Distributors, Inc., 5500 Linglestown Road, Harrisburg, PA 17112; 717-540-5500, Fax 717-526-6120; Email: tedbernstein@justcabinets.com; Web site: www.justcabinets.com. DM
Just Cabinets Furniture & More is seeking growth opportunities throughout DE, MD, NJ and PA during the coming 18 months.
real estate professionals making the news
Divaris Real Estate, Inc. (757-497-2113) appointed DonnaMarie M. Morrison as assistant director of property services. In her new role, Morrison will assist the national director on all property management services. Prior to joining the company, Morrison served as director of property management at First Potomac Realty Trust. The company specializes in leasing, development and managing properties, acquisitions and land sale services. Coldwell Banker Commercial Atlantic (843744-9877) recently hired John True. He specializes in land assemblage, due diligence, valuation, entitlements, acquisitions and disposition, and landlord and tenant representation services. Prior to joining the company, True served as managing principal D at Beacon Investment Group, LLC. M
sources of financing Johnson Capital negotiated $3.75 million in financing for Harbor City, a 31,993 sq.ft. shopping center located at the intersection of Vermont and Carson Street in Harbor City, CA. The 10-year loan features a five-year interest rate, a 30-year amortization period, a loan-to-value ratio of 50% and a fixedinterest rate of 5%. The company specializes in financing for retail, multi-family, office, industrial and hotel properties nationwide. For more information, contact Geoff Arrobio, Johnson Capital, 7470 North Figueroa Street, Suite 102, Los Angeles, CA 90041; 310-229-0011; Email: garrobio@johnsoncapital.com; Web site: www.johnsoncapital.com. Meridian Capital Group, LLC negotiated $13.5 million in financing for a 132,000 sq.ft. shopping center, located along North Park Place in Morristown, NJ. The 10-year loan features a fixed-rate of 3.5% and was provided by a regional savings bank. The company, headquartered in New York, NY, provides financing for transactions ranging from $1 million to more than $500 million for multifamily, co-op, office, retail, hotel, mixed-use, industrial, healthcare, student housing and self-storage properties nationwide. For more information, contact Jonathan M. Stern, Meridian Capital Group, LLC, 1 Battery Park Plaza, 26th Floor, New York, NY 10004; 212-972-3600; Email: jstern@meridiancapital.com; Web site: D www.meridiancapital.com. M
Page 8 | October 11, 2013 Dealmakers Magazine | www.dealmakers.net
lead sheet Claire’s Stores, Inc. dba Claire’s and Icing Jennifer Dosch 2400 West Central Road Hoffman Estates, IL 60192 847-765-1100, Fax 847-765-4618 Web site: www.claires.com
Accessories The 3,000-unit chain operates locations nationwide and internationally. The stores, offering accessories, jewelry and beauty products, occupy spaces of 1,000 sq.ft. to 1,4000 sq.ft. in malls, lifestyle, outlet and power centers. Plans call for 50 openings nationwide during the coming 18 months. Typical leases run five to 10 years.
XSRE Retail Group dba XSRE Amanda Royalty 433 5th Avenue, 3rd Floor New York, NY 10016 212-367-9773 Email: info@xsre.com Web site: www.xsre.com
Accessories The six-unit chain operates locations throughout CT, MD, NJ and NY. The stores, offering accessories, jewelry, handbags, footwear and cosmetics, occupy spaces of 5,000 sq.ft. to 8,000 sq.ft. in malls and lifestyle centers. Growth opportunities are sough nationwide during the coming 18 months.
American Apparel Tony Flanz c/o Think Retail 6600 Decarie Boulevard, Suite 210 Montreal, Quebec, Canada H3X 2K4 514-731-7936, Fax 514-731-0122 Email: tflanz@thinkretail.ca Web site: www.thinkretail.ca
Apparel The company operates over 30 locations throughout Canada. The stores, offering men’s and women’s apparel, occupy spaces of 2,500 sq.ft. to 3,000 sq.ft.in enclosed malls, lifestyle centers and downtown street fronts. Plans call for one to two openings throughout Calgary and Toronto, Canada during 2014, with representation by Think Retail. The company operates additional locations throughout the U.S. and internationally.
The Pep Boys – Manny, Moe & Jack dba Pep Boys Tony Delguyd 3111 West Allegheny Avenue Philadelphia, PA 19132 440-473-4322 Email: anthony_delguyd@pepboys.com Web site: www.pepboys.com
Automotive The 760-unit chain operates locations nationwide and in Puerto Rico. The automotive service centers occupy spaces of 4,000 sq.ft. to 6,500 sq.ft. in freestanding locations. Growth opportunities are sought throughout IL, NC, NY, western PA and TX during the coming 18 months. The company will also consider second-generation automotive service centers. Preferred demographics include a trade-area population of 100,000.
Neebo, Inc. dba Various trade names Steve Clemente PO Box 80529 Lincoln, NE 68501 402-421-7300, Fax 402-421-0507 Web site: www.nebook.com
Books The 275-unit chain operates locations nationwide. The book stores occupy spaces of 2,000 sq.ft. to 4,000 sq.ft. near college campuses. Growth opportunities are sought throughout the existing market during the coming 18 months. The company will only consider locations near colleges.
Cards for Less Stuart Kramer c/o First Development Corp. Realty 1328 Motor Parkway Hauppauge, NY 11749 631-234-3200
Cards The 12-unit chain operates locations throughout Long Island, Queens and Staten Island, NY. The card shops occupy spaces of 2,200 sq.ft. to 2,500 sq.ft. in strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months, with representation by First Development Corp. Realty. Typical leases run 10 years. A vanilla shell and specific improvements are required. Preferred cotenants include grocery stores.
Dealmakers Magazine | www.dealmakers.net
October 11, 2013 | Page 9
lead sheet Myron’s Cards & Gifts, Inc. dba Myron’s Hallmark and Evenson’s Hallmark Clayton Johnson 4653 Chatsworth Street Shoreview, MN 55126 651-482-8511, Fax 651-482-8680
Cards The 24-unit chain operates locations throughout IA, MN, SD and WI. The card and gift shops occupy spaces of 3,500 sq.ft. to 4,000 sq.ft. in malls, power and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run three years.
Circle K Stores, Inc. – Florida Region dba Circle K Edward Giunta II 12911 North Telecom Parkway Tampa, FL 33637 813-910-5307, Fax 813-910-6912 Email: egiunta@circlek.com Web site: www.circlekflorida.com
Convenience The 409-unit chain operates locations nationwide and internationally. The convenience stores, with gasoline facilities, occupy spaces of 4,400 sq.ft. in freestanding locations. Growth opportunities are sought throughout FL during the coming 18 months. A land are of 1.25 to three acres is required. The company is franchising. For more information regarding expansion in southeastern FL, from Volusia County to Martin County, contact Ryan Plate, 813-910-5304, Email: rplate@circlek.com. For more information regarding expansion in southwestern FL, from Manatee to Collier County, contact Jon Christiansen, 813-318-2688, Email: jchristi@circlek.com.
Par Mar Oil Co., Inc. dba Par Mar Stores Bill Hollister or Sandra Morganstern 114-A Westview Avenue Marietta, OH 45750 740-373-7406, Fax 740-373-6854 Web site: www.parmarstores.com
Convenience The 52-unit chain operates locations throughout KY, OH and WV. The convenience stores, with gasoline facilities, occupy spaces of 2,200 sq.ft. to 4,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 15 years. A vanilla shell and turnkey are required. The company also operates quick-service restaurant locations.
Petroleum Marketers, Inc. dba Stop In Food Stores Ronald Hare 3000 Ogden Road Roanoke, VA 24018 540-772-4900, Fax 540-772-6900
Convenience The 92-unit chain operates locations throughout VA and WV. The convenience stores occupy spaces of 2,000 sq.ft. to 3,000 sq.ft. in freestanding locations. Plans call for five openings throughout the existing markets during the coming 18 months. Typical leases run 20 years. A land area of one-acre is required. The company is franchising.
Bealls, Inc. dba Bealls Outlet and Burkes Outlet Phil Knuth 700 13th Avenue East Bradenton, FL 34208 941-744-4719, Fax 941-744-4931 Email: pknuth@beallsinc.com Web site: www.beallsinc.com
Department Store The 450-unit chain operates locations throughout AL, AR, AZ, FL, GA, KY, LA, MS, NC, NM, NV, SC, TN, TX, VA and WV. The stores, offering family apparel, footwear, accessories and home décor items, occupy spaces of 20,000 sq.ft. to 25,000 sq.ft. in power, lifestyle and strip centers. Plans call for 40 openings throughout AL, FL, GA, LA and MS during the coming 18 months. Typical leases run 20 to 25 years. Preferred demographics include a population of 75,000 within a 10-minute drive-time earning $40,000 to $75,000 as the average household income. For information regarding expansion throughout southeastern FL, contact Steven Miller, The Rotella Group, Email: steve@rotellagroup.com. For information regarding expansion throughout AL, AR, GA, LA and MS, contact Monetha Cobb or Sterling Hale, Franklin Street Real Estate Services, Emails: monetha.cobb@franklinst.com and sterling. hale@franklinst.com.
Wireless Experience dba AT&T Wireless Jack Kahn c/o Jack Kahn Realty Services Corp. 33 Clinton Road West Caldwell, NJ 07006 973-808-8757, Fax 973-808-8758 Email: jkbroker@aol.com
Electronics The 45-unit chain operates locations throughout MA, NJ, PA and VA. The stores, offering cellular phones and related services and accessories, occupy spaces of 800 sq.ft. to 2,000 sq.ft. in freestanding locations, enclosed malls and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months, with representation by Jack Kahn Realty Services Corp. Typical leases run five years with options. A vanilla shell and specific improvements are required. Major competitors include Sprint, T-Mobile and Verizon.
Page 10 | October 11, 2013 Dealmakers Magazine | www.dealmakers.net
lead sheet Electronics Expo Bill Farkas c/o Jeffery Realty, Inc. 116 Route 22 East North Plainfield, NJ 07060 908-668-9600, Fax 906-668-5225 Email: bfarkas@jefferyrealty.com Web site: www.electronics-expo.com
Electronics The eight-unit chain operates locations throughout NJ. The electronics stores occupy spaces of 9,000 sq.ft. to 15,000 sq.ft. in freestanding locations, malls, power, specialty and strip centers. Plans call for one to three openings throughout central and northern NJ during the coming 18 months, with representation by Jeffery Realty, Inc. The company will only acquire sites.
LA Fitness Blaine Bush or Nelson Wheeler c/o Strategic Retail Advisors 3990 Westerly Place, Suite 230 Newport Beach, CA 92660 949-640-6678, Fax 949-748-8088 Email: blaine@strategicretailadvisor.com Web site: www.strategicretailadvisor.com
Fitness The 500-unit chain operates locations nationwide and in Alberta and Toronto, Canada. The fitness centers occupy spaces of 35,000 sq.ft. to 45,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout Inland Empire and Orange County, CA during the coming 18 months, with representation by Strategic Retail Advisors.
Pure Barre Penny Wickey c/o Saugatuck Commercial Real Estate, LLC 9 Burr Road Westport, CT 06880 203-222-4194 Email: pwickey@saugatuckcommercial.com Web site: www.saugatuckcommercial.com
Fitness The chain operates locations nationwide. The fitness centers occupy spaces of 1,200 sq.ft. to 2,000 sq.ft. in various retail settings. Growth opportunities are sought throughout CT and Westchester County in NY during the coming 18 months, with representation by Saugatuck Commercial Real Estate, LLC.
Reeds Jewelers, Inc. dba Reeds Jewelers and Pandora 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 62-unit chain operates locations throughout AL, FL, GA, KY, MD, 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 for Reeds Jewelers and five years for Pandora. Preferred cotenants include fashion retailers.
Clarks America, Inc. dba Clarks Outlet Criss Nigro 156 Oak Street Newton Upper Falls, MA 02464 617-243-4194, Fax 617-243-4210 Web site: www.clarksusa.com
Shoes The 111-unit chain operates locations nationwide. The shoe stores occupy spaces of 3,000 sq.ft. in outlet and tourist centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run 10 years. Major competitors include Nine West, Naturalizer, Rockport and Ecco. The company prefers to locate in affluent areas and will operate 113 locations by the end of 2013. For more information regarding expansion throughout the northeastern region of the U.S., contact Brianna King, 617-796-5014. For more information regarding expansion throughout the western region of the U.S., contact Jim Balducci, 858-456-5511.
Comfort Management Corp. dba Comfort One Shoe Shirley Thomas PO Box 472 Manassas, VA 20108 703-330-9955, Fax 703-365-8088 Web site: www.comfortoneshoes.com
Shoes The 21-unit chain operates locations throughout MD, VA and Washington, DC. The stores, offering high-end euro comfort footwear, occupy spaces of 1,000 sq.ft. to 3,000 sq.ft. in freestanding locations, lifestyle, specialty and tourist centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. The company is siteselective.
Dealmakers Magazine | www.dealmakers.net
October 11, 2013 | Page 11
lead sheet ABC Liquors, Inc. dba ABC Fine Wines & Spirits Thomas Hartmann or Chris Quarles 8989 South Orange Avenue Orlando, FL 32824 407-851-0000, Fax 407-857-5500 Emails: tomh@abcfws.com and cquarles@abcfws.com Web site: www.abcfws.com
Specialty The 180-unit chain operates locations throughout FL. The wine and spirit shops occupy spaces of 10,000 sq.ft. to 12,000 sq.ft. in freestanding locations and outparcels of lifestyle and power centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Preferred cotenants include casual dining restaurants, big box and discount retailers. Preferred demographics include a population of 75,000 within three miles earning $75,000 as the average household income. A land area of one to 1.5 acres is required for freestanding locations.
Alamo Drafthouse Cinema Charlie Phelps c/o Paraclete Realty 111 Cameron Parke Place, Suite 100 Alexandria, VA 22304 301-536-7900 Email: charlie@paracleterealty.com Web site: www.paracleterealty.com
Specialty The 14-unit chain operates locations throughout CA, CO, MI, MO, NY, TX and VA. The restaurant/movie theaters occupy spaces of 30,000 sq.ft. in freestanding locations, power centers and downtown areas. Growth opportunities are sought throughout MD, VA and Washington, DC during the coming 18 months, with representation by Paraclete Realty.
Bed Bath & Beyond Les Sax c/o Sax Realty, Inc. 4931 Cordell Avenue Bethesda, MD 20814 240-497-1192, Fax 240-497-1070 Email: lsax@saxrealty.com Web site: www.saxrealty.com
Specialty The 900-unit chain operates locations nationwide. The stores, offering bedroom, bathroom, kitchen and dining items, as well as appliances and home dĂŠcor, occupy spaces of 25,000 sq.ft. to 40,000 sq.ft. in various retail settings. Growth opportunities are sought throughout MD, northern VA and Washington, DC during the coming 18 months, with representation by Sax Realty, Inc.
Goodwill of Greater DC Edward Goldmeier c/o Newmark Grubb Knight Frank 400 East Pratt Street, Suite 710 Baltimore, MD 21202 410-625-4202 Email: egoldmeier@ngkf.com Web site: www.ngkf.com
Specialty The chain operates locations throughout MD, VA and Washington, DC. The thrift stores, selling used apparel, accessories and household items, occupy spaces of 1,200 sq.ft. to 4,000 sq.ft. in various retail settings. Growth opportunities are sought for the attended donation centers throughout MD, VA and the suburbs of Washington, DC during the coming 18 months, with representation by Newmark Grubb Knight Frank. The company prefers highly visible locations with easy access.
Salonz Beauty Suites David Emihovich c/o Katz & Associates Corp. 2300 Glades Road, Suite 460W Boca Raton, FL 33431 561-869-4345, Fax 561-361-7276 Web site: www.katzassociates.com
Specialty The six-unit chain operates locations throughout Hollywood, Palm Beach, Miami, Boca Raton, Pembroke Pines and southwestern FL. The facilities, featuring a hair salon and nail, skin care, massage and tanning services, occupy spaces of 5,500 sq.ft. to 7,500 sq.ft. in freestanding locations and outparcels of power and strip centers. Growth opportunities are sought throughout southern FL during the coming 18 months, with representation by Katz & Associates Corp.
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 12 | October 11, 2013 Dealmakers Magazine | www.dealmakers.net
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Apple Valley – Jess Ranch Marketplace, a 400,000 sq.ft. center located at the intersection of Bear Valley Road and Apple Valley Road, has spaces from 969 sq.ft. to 7,000 sq.ft. available. Area retailers include Super Target, Lowe’s, Home Depot, Winco, PetSmart, 24 Hour Fitness, Bed Bath & Beyond, Red Robin, Denny’s, Applebee’s and Buffalo Wild Wings. Area demographics include a population of 48,329 within three miles earning $68,788 as the average household income. The average daily traffic count is 59,245 vehicles. The asking monthly rent is $2 to $2.50 psf NNN. For more information, contact Nicholas Di Cosola, Coldwell Banker Commercial Real Estate Solutions, 15500 West Sand Street, 2nd Floor, Victorville, CA 92392; 760-6848070; Email: nd@cbcdesert.com; Web site: www.cbcdesert.com.
has spaces of 1,540 sq.ft. and 1,690 sq.ft. available. Cotenants include 7-Eleven, Boost Mobile and Subway. Area demographics include a population of 651,183 within five miles earning $63,498 as the average household income. The monthly asking rent is $2 to $2.50 psf NNN. For more information, contact JAS Holdings, LLC, 12439 Magnolia Boulevard, Suite 185, Valley Village, CA 18120; 818732-0444; Email: jasholdingsllc@gmail.com.
retailers include Home Depot, Showcase Cinema, Dunkin’ Donuts and Burger King. Area demographics include a population of 30,651 within three miles earning $79,767 as the average household income. For more information, contact Ralph Calabrese or Tony Valenti, R. Calabrese Agency, LLC, 553 Plank Road, Waterbury, CT 06705; 203-573-0342, Fax 203-7557962; Emails: rlc@calabreseagency.com and tvalenti@calabreseagency.com; Web site: www.calabreseagency.com.
Los Banos – Ortigalita Plaza, a 15,090 sq.ft. center located at the intersection of Ortigalita Road and Pacheco Boulevard, has spaces of 1,100 sq.ft., 3,000 sq.ft. and 8,700 sq.ft. available, along with a 23,767 sq.ft. outparcel. Cotenants include Tractor Supply, Affection Clothing and Jack in the Box. Area demographics include a population of 37,491 within five miles earning $72,460 as the average household income. The average daily traffic count is 27,000 vehicles. For more information, contact Jon Cox, Commercial Retail Associates, Inc., 680 West Shaw Avenue, Suite 202, Fresno, CA 93704; 559-650-1202, Fax 559-650-1311; Email: jcox@retailassociates.com; Web site: www.retailassociates.com. Stockton – Eastland Plaza Shopping Center, located at the intersection of Wilson Way and Fremont Street, has spaces of 1,148 sq.ft., 2,343 sq.ft., 6,096 sq.ft. and 7,868 sq.ft. available. Cotenants include Food 4 Less, Dollar Tree, Walgreens, Starbucks, El Pollo Loco, Burger King, Radio Shack and Subway. Area demographics include a population of 277,570 within five miles earning $50,828 as the average household income. The asking monthly rent is $0.33 psf NNN. For more information, contact Lisa Hodgson, Andy Hodgson or Ben Rishwain, Colliers International, 3439 Brookside Road, Suite 108; Stockton, CA 95219; 209-475-5111/5129/5130; Email: lisa.hodgson@colliers.com, Web site: www.colliers.com. Sun Valley – Sun Valley Retail Center, a 7,810 sq.ft. center located at the intersection of Sheldon Street and Rincon Avenue,
Tehachapi – The Orchard, a 42,000 sq.ft. center located at the intersection of Tucker Road and Conway Avenue, has a space of 1,170 sq.ft. available. Cotenants include Family Dollar, Big 5 Sporting Goods, Hungry Howie’s, Subway, Del Taco and AT&T. For more information, contact Brad Sobel, Sobel Development Co., Inc., 136 El Camino Drive, Suite 214, Beverly Hills, CA 90212; 310-277-4697; Email: sobeldevelopment@earthlink.net.
Connecticut Manchester – Slater Street, a 51,370 sq.ft. center located at the intersection of Buckland Hills Drive and Slater Street, has a space of 10,888 sq.ft. available, along with a divisible space of 8,500 sq.ft. Cotenants include Walmart, Best Buy and DSW. Area demographics include a population of 205,411 within seven miles earning $78,175 as the average household income. For more information, contact Charles Davis, Brixmor, 111 Middlesex Turnpike, 2nd Floor, Burlington, MA 01803; 203-2561901; Email: charles.davis@brixmor.com; Web site: www.brixmor.com. Old Saybrook – Shoppes at Old Saybrook, located along Boston Post Road, has spaces of 1,500 sq.ft., 4,000 sq.ft., 4,379 sq.ft. and 6,500 sq.ft. available, along with a 12,000 sq.ft. pad site. Cotenants include Ocean State Job Lot, Dollar Tree, Cosmo Prof and Town Fair Tire. 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. Southington – A 2.5-acre site is available for ground lease or build-to-suit at the intersection of Knotter Drive and Route 322. Area
Florida Hollywood – West Lake Commons, a 54,000 sq.ft. center located at the intersection of Federal Highway and Sheridan Street, has inline spaces available, along with three outparcels. Cotenants include Publix, Pollo Tropical, Starbucks and Burger King. Area demographics include a population of 243,538 within five miles. For more information, contact Dan Coyle or Jessica Malcolmson, Stiles Realty, 301 East Las Olas Boulevard, Ft. Lauderdale, FL 33301; 954-627-9400; Emails: dan.coyle@stiles.com and jessica.malcolmson@stiles.com; Web site: www.stiles.com. Lakeland - Palm Center, located at the intersection of South Florida Avenue and West Highland Drive, has spaces of 750 sq.ft., 1,378 sq.ft., 2,425 sq.ft. and 7,942 sq.ft. available. Cotenants include Big Lots, Bealls Outlet, Tuesday Morning, Select Travel, CiCi’s Pizza and Ice Cream Factory. Area demographics include a population of 55,424 within three miles earning $74,011 as the average household income. The average daily traffic count is 38,500 vehicles. For more information, contact Ryan Derriman or Brian Bern, Franklin Street Real Estate, 500 North Westshore Boulevard, Suite 750, Tampa, FL 33609; 813-658-3359/3343, Fax 813-839-7330; Emails: ryan.derriman@franklinst.com and brian.bern@franklinst.com; Web site: www.franklinst.com. Miami Lakes – Palm Plaza, located along Palmetto Expressway, has an outparcel available. Cotenants include Navarro Pharmacy, Skechers, Boston Market and McDonald’s. Area demographics include a population of 181,263 within three miles earning $62,538 as the average household income. For more information, contact Terranova Corp., 801 Arthur Godfrey Road, Suite
Page 14 | October 11, 2013 Dealmakers Magazine | www.dealmakers.net
space place Florida
Illinois
Maine
600, Miami Beach, FL 33140; Web site: www.terranovacorp.com.
Cotenants include Men’s Wearhouse, Tuxedos Inc., Panera Bread, Pier 1 Imports, Jamba Juice and Chicago Home Fitness. For more information, contact Gwen Callans, Atlas Partners, LLC, 55 East Monroe Street, Suite 2910, Chicago, IL 60603; 312516-5705; Email: gwen@atlaspartners.com; Web site: www.atlaspartnerscom.
Mariner Turnpike and Carl Broggi Highway, has a space of 20,000 sq.ft. available. Cotenants include Target, T.J. Maxx, Staples, Panera Bread, Olive Garden, Longhorn Steakhouse, Dress Barn, Famous Footwear and Payless Shoe Source. Area demographics include a population of 90,780 within ten miles earning $54,300 as the median household income. For more information, contact Brian Nadler, National Commercial Brokers, Inc., 381 Elliot Street, Suite 185L, Newton Upper Falls, MA 02464; 617-243-0222, Fax 617243-0277; Email: brian@nationalcommercial.com; Web site: www.nationalcommercial.com.
Pensacola – A 44,228 sq.ft. building is available at the intersection of North 9th Avenue and Brent Lane. Area retailers include Publix, Target, Ross Dress for Less, Dillards, Best Buy, Bed Bath & Beyond, Petco and hh Gregg. Area demographics include a population of 60,856 within three miles earning $58,407 as the average household income. The asking rent is $9 psf NNN. For more information, contact Robert Crum or Gary Shapiro, Kin Properties, 185 Spanish River Boulevard, Boca Raton, FL 33431; 888-546-7767 Ext. 117/114; Emails: rcrum@kinproperties.com and gshapiro@kinproperties.com; Web site: www.kinproperties.com.
Illinois Aurora – A 40,000 sq.ft. center located along West Galena Boulevard has spaces from 2,240 sq.ft. to 3,220 sq.ft. available. Cotenants include Aldi, Ace Hardware, Hair Cuttery and Papa John’s. Area demographic include a population of 174,693 within five miles earning $69,539 as the average household income. The average daily traffic count is 45,000 vehicles. Chicago – A strip center located at the intersection of Halsted Street and Van Buren Street, has spaces from 1,000 sq.ft. to 20,000 sq.ft. available. Area retailers include Jimmy John’s, Starbucks, Subway, Primo’s Hoagies, 7-Eleven, Giordano’s and Game Stop. Area demographics include a population of 362,326 within three miles earning $105,098 as the average household income. For more information, contact Leo Solarte or Paul Tsakiris, First Western Properties, 1205 West Adams, Chicago, IL 60607; 773545-2000 Ext. 98/80, Fax 773-545-4067; Emails: leo@1stwesternproperties.com and paul@1stwesternproperties.com; Web site: www.1stwesternproperties.com. Channahon – A neighborhood center located along Route 6, has space available. Cotenants include Kiddie Kampus. Area demographics include a population 40,858 within five miles earning $91,713 as the average household income. For more information, contact Marielee Macapagal, Caton Commercial Real Estate Group, 16106 Route 59, Suite 100, Plainfield, IL 60586; 312-520-1816, Fax 815-439-3370; Email: marielee@catoncommercial.com. Chicago – A 2,794 sq.ft. space is available at a center located along North Clybourn. Dealmakers Magazine | www.dealmakers.net
Chicago – 4,000 sq.ft. of street level space is available along North Clybourn. Area retailers include Trader Joe’s, Crate & Barrel, Ann Taylor Loft, Jos. A Bank, Arhaus and Bed Bath & Beyond. The asking rent is $40 psf NNN. For more information, contact John Figlioli, Garrett Realty & Development, Inc., 2211 North Elston Avenue, Suite 308, Chicago, IL 60614; 773-880-1322 Ext. 11; Email: jfiglioli@garrettrealtyinc.com; Web site: www.garrettrealty.com. Homewood – A divisible space of 5,800 sq.ft. is available at the intersection of Halsted Street and 175th Street. Area retailers include Kohl’s, McDonald’s, Taco Bell, Subway, Dunkin’ Donuts and Applebee’s. Area demographics include a population of 228,731 within five miles earning $62,666 as the average household income. The average daily traffic count is 33,200 vehicles. For more information, contact Mike Streit or April Smith, ARCORE Real Estate Group, 2803 Butterfield Road, Suite 310, Oak Brook, IL 60523; 630-9085702/5703; Emails: mstreit@arcoregrp.com and asmith@arcoregrp.com; Web site: www.arcoregrp.com.
Kentucky Lexington – Mall Road Retail Center, a 190,000 sq.ft. center located along Mall Road, has spaces from 1,600 sq.ft. to 12,000 sq.ft. available. Cotenants include Macy’s, JC Penney, Sears, Dillard’s, Old Navy, Dick’s Sporting Goods, rue 21, Justice, Lowe’s and Walmart. Area demographics include a population of 190,786 within five miles earning $66,446 as the average household income. The asking rent is $25 psf NNN. For more information, contact Chad Voelkert, NAI Isaac, 771 Corporate Drive, Suite 300 Lexington, KY 40503; 859-4224408; Email: cvoelkert@naiisaac.com; Web site: www.naiisaac.com.
Maine Biddeford – Biddeford Crossing, a 520,000 sq.ft. center located at the intersection of
Massachusetts Bellingham – RK Plaza, located along Pulaski Boulevard, has a spaces of 8,050 sq.ft. available. Cotenants include Super Stop & Shop, H&R Block, Queen’s Pizza, Super Cuts and Dunkin’ Donuts. Area demographics include a population of 96,440 within five miles earning $69,781 as the average household income. The average daily traffic count is 22,000 vehicles. For more information, contact RK Centers, PO Box 111, Dedham, MA 02027; 781-3200001; Email: leasing@rkcenters.com; Web site: www.rkcenters.com. Hadley – Hadley Corner, a 51,683 sq.ft. center located at the intersection of South Maple Street and Russell Street, has proposed spaces from 7,000 sq.ft. to 27,000 sq.ft. available. Cotenants include Aldi, Home Depot, Taco Bell, Chipotle and Firestone. Area demographics include a trade-area population of 137,197 earning $60,598 as the median household income. For more information, contact Jeff Bruk, Boylston Realty Advisors, Inc., 355 Middlesex Avenue, Suite 7, Wilmington, MA 01887; 978-857-1891; Email: jbruk@boylstonrealty.com; Web site: www.boylstonrealty.com.
New Jersey Hainesport – The Shops at Creek Crossing, located at the intersection of Route 38 and Hainesport-Mt. Laurel Road, has a space of 1,400 sq.ft. available. Area retailers include Aldi’s, Burger King, Best Buy, Staples, Old Navy and Shop Rite. Area demographics include a population of 94,684 within five miles earning $93,871 as the average household income. For more information, contact Russ Menk or Lori St. Maur, Arrow Real Estate Services, (continued on page sixteen)
October 11, 2013 | Page 15
space place New Jersey (continued from page fifteen)
717 Limekiln Road, Doylestown, PA 18901; 609-471-7893/856-287-5897; Email: russm@arrowrealestateservices.com; Web site: www.arrowrealestateservices.com. Totowa – Totowa Village has two inline spaces of 1,662 sq.ft. available, along with two 5,707 sq.ft. endcaps. Cotenants include Tantrum, Nicola’s Ristorante, Uncorked Wine Shop, Berries Frozen Yogurt and Manhattan Bagel. Area demographics include a population of 408,348 within five miles earning $85,549 as the average household income. For more information, contact Lew Finkelstein, The Goldstein Group, 45 Eisenhower Drive, Suite 500, Paramus, NJ 07652; 201-703-9700; Email: lfinkelstein@thegoldsteingroup.com; Web site: www.thegoldsteingroup.com.
New York Brooklyn – A ground floor space of 1,800 sq.ft. and a lower level space of 1,000 sq.ft. are available along Court Street. Area retailers include Trader Joe’s, J. Crew, Splendid,
New York
New York
Urban Outfitters, Moscot, Starbucks, Chipotle and Barney’s New York. Area demographics include a population of 40,401 within one half mile earning $119,782 as the average household income. For more information, contact Nick Masson, Evan Schuckman or Kenneth Schuckman, Schuckman Realty, Inc., 7600 Jericho Turnpike, Woodbury, NY 11797; 516-4968888; Email: ken@schuckmanrealty.com; Web site: www.schuckmanrealty.com.
Hempstead – Hempstead Village Commons, located at the intersection of Peninsula Boulevard and South Franklin Street, has a space of 10,000 sq.ft. available. Cotenants include Home Goods, Pep Boys, Staples, Dots, TD Bank and McDonald’s. Area demographics include a population of 654,054 within five miles earning $70,413 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.
East Islip – Heckscher Plaza, a 60,000 sq.ft. center located along East Main Street, has spaces of 1,200 sq.ft. and 30,000 sq.ft. available. Cotenants include Rite Aid, Leslie’s Pool Supply, Quiznos Sub, Sherwin Williams, Renzo’s Pizza, AT&T and Dunkin’ Donuts. Area demographics include a population of 61,330 within three miles earning $85,814 as the average household income. The asking rent is $9.75 psf NNN. For more information, contact Stu Fagen, Sabre Real Estate Group, LLC, 500 Old Country Road, Garden City, NY 11530; 516874-8070 Ext. 503; Email: stu@sabreny.com; Web site: www.sabreny.com.
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Monroe – Monroe Plaza, a 156,475 sq.ft. center located at the intersection of Route 17M and Still Road, has spaces of 2,500 sq.ft. and 3,000 sq.ft. available, which can be combined, along with a divisible space of 50,625 sq.ft. Cotenants include Stop & Shop, Rite Aid, Chase Bank, Hallmark, Subway, McDonald’s, Lulu Salon, Salads & Such and Villa Positano. Area demographics include a population of 129,722 within ten miles earning $102,277 as the average household income. The average daily traffic count is 17,078 vehicles. For more information, contact David Landes or Jeanine Kemm, Royal Properties, Inc., 850 Bronx River Road, Bronxville, NY 10708; 914-237-3403 Ext. 104/111, Fax 914237-0196; Emails: david@royalpropertiesinc.com and jeanine@royalpropertiesinc.com; Web site: www.royalpropertiesinc.com. New York – A ground level space of 3,100 sq.ft., along with a 1,000 sq.ft. basement, is available at the intersection of Park Avenue and 22nd Street. Area retailers include CVS, Tossed, Bath & Body Works, Starbucks, Panera Bread and Walgreens. For more information, contact Steven Baker, Michael Gleicher or David Lawford, Winick Realty Group, LLC, 655 Third Avenue, 8th Floor, New York, NY 10017; 212-792-2636/2640/2625; Emails: stevenb@winick.com, mgleicher@winick.com and dlawford@winick.com; Web site: www.winick.com.
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Rotterdam – Chrisler Plaza, located at the intersection of Altamont Avenue and Chrisler Avenue, has spaces from 1,200 sq.ft. to 2,600 sq.ft. available. Cotenants include China Dragon, Boomer McCloud, Monro Muffler/Brakes and Minuteman Press. Area demographics include a population of 152,063 within five miles earning $52,436 as the median household income. The average daily traffic count is 19,080 vehicles. The
Page 16 | October 11, 2013 Dealmakers Magazine | www.dealmakers.net
space place New York
Pennsylvania
Pennsylvania
asking rent is $13 psf. For more information, contact Barry Feinman, Vanguard-Fine, LLC, 2050 Western Avenue, Suite 201, Guilderland, NY 12084; 518-862-0861 Ext. 202, Fax 518-862-0861; Email: bfeinman@vanguardfine.com; Web site: www.vanguardfine.com.
West Chester – Turner Square, located at the intersection of Paoli Pike and Turner Lane, has five spaces of 1,280 sq.ft. available, which can be combined. Cotenants include Chipotle, Bike Line, Allstate, Staples, Kmart, LA Fitness, Acme and Rite Aid. Area demographics include a population of 110,913 within five miles earning $120,982 as the average household income. For more information, contact Brooke Henningsen, Robert Winitsky or Damon Di Placido, Arrow Real Estate Services, 717 Limekiln Road, Doylestown, PA 18901; 610-
721-9910/215-764-6363/275-1679; Email: brookeh@arrowrealestateservices.com; Web site: www.arrowrealestateservices.com.
Ohio Wadsworth – Shoppes of Wadsworth, a 9,400 sq.ft. center located along High Street, has a space of 1,200 sq.ft. available. Cotenants include Verizon Wireless, Chipotle, Great Clips and Starbucks. Area demographics include a population of 41,908 within five miles earning $71,710 as the average household income. For more information, contact Ilan Konover, LRC Realty, 1585 Frederick Boulevard, Akron, OH 44320; 330-253-6958; Email: ikonover@lrcrealty.com.
Texas Austin – Walnut Creek Retail Center, located along Cross Park Drive, has spaces of 1,122 sq.ft. and 1,175 sq.ft. available, which can be combined. Cotenants include Quiznos Subs, Taco Shack and Shell. Area demographics include a population of 91,700 within (continued on page eighteen)
Pennsylvania Ardmore – Suburban Square, located along Montgomery Avenue, has a space of 20,613 sq.ft. available. Cotenants include Apple, J. Crew, Gap, Lululemon and WilliamsSonoma. Area demographics include a population of 123,925 within three miles earning $122,130 as the average household income. East Stroudsburg – Pocono Plaza, located at the intersection of Brown Street and Lincoln Avenue, has a space of 32,272 sq.ft. available. Cotenants include Kmart, Wine & Spirits and Cici’s Pizza. Area demographics include a population of 45,308 within five miles earning $73,365 as the average household income. The average daily traffic count is 26,000 vehicles. For more information, contact Nina Rogers, Kimco Realty, 6 Coulter Avenue, Suite 1000, Ardmore, PA 19003; 610-896-7560 Ext. 5; Email: nrogers@kimcorealty.com. Philadelphia – A 22,000 sq.ft. former Sedgwick Theater is available along Germantown Avenue. Area retailers include Acme, Wawa and McDonald’s. Area demographics include a population of 260,070 within two miles earning $69,658 as the average household income. For more information, contact Harris Eckstut, Steven DePetris or Michael DePetris, Legend Properties, Inc., 1535 Chestnut Street, Suite 300, Philadelphia, PA 19102; 215599-0312/856-231-1010/215-599-0312, Fax 215-599-0316; Emails: heckstut@lpre.com, sdepetris@lpre.com and mdeptris@lpre.com; Web site: www.lpre.com. Dealmakers Magazine | www.dealmakers.net
Got space? Find your missing tenant.
Over 6,000 retail chains are listed in the national edition Published by and for leasing agents, brokers and owners of retail real estate, TenantSearch tells you: • Who’s in charge of the tenant’s real estate for your market, and how to reach them • Where the chain is seeking new store locations, and its existing markets • What the retailer’s space, property type, demographic, co-tenancy and lease requirements are
www.tenantsearch.com | 1.800.732.5856 October 11, 2013 | Page 17
space place Texas (continued from page seventeen)
three miles earning $49,471 as the average household income. The average daily traffic count is 12,157 vehicles. The asking rent is $19 to $24 psf NNN. For more information, contact Carter Bailey, Retail Solutions, 3724 Executive Center Drive, Suite 220, Austin, TX 78731; 512-474-5557; Email: carter@retailsolutions.us; Web site: www.retailsolutions.us. Dallas – Central Forest Shopping Center, a 94,879 sq.ft. center located at the intersection of Forest Lane and Central Expressway, has spaces of 1,360 sq.ft., 1,880 sq.ft., 3,344 sq.ft. and 3,400 sq.ft. available. Cotenants include Office Depot, Chipotle, Boston Market, Which Which, Title Boxing Club, Schlotzsky’s Deli and HealthSouth. Area demographics include a population of 567,839 within five miles earning $95,655 as the average household income. For more information, contact Henry Miller or Daniel Harris, Henry S. Miller Brokerage, LLC, 5001 Spring Valley Road, Suite 1100, Dallas, TX 75244; 972-419-4030/ 4049; Emails: hmilleriv@henrysmiller.com
Texas
Virginia
and dharris@henrysmiller.com; Web site: www.henrysmiller.com.
available, along with a 7,500 sq.ft. pad site. Cotenants include Goodwill, Family Dollar, Navy Federal Credit Union and Wells Fargo. Area demographics include a population of 224,289 within five miles earning $107,285 as the average household income. Manassas – A center located at the intersection of Sudley Manor Drive and Ashton Avenue, has a space of 3,100 sq.ft. available. Cotenants include Shoppers, PetSmart, Michaels, Ross Dress for Less, Dick’s Sporting Goods, Family Dollar, FedEx Office, GNC, Dress Barn, Subway and Radio Shack. Area demographics include a population of 170,264 within five miles earning $106,736 as the average household income. The average daily traffic count is 29,000 vehicles. For more information regarding Ashdale Plaza, contact Susan McGee, Divaris Real Estate, Inc., 11820 Parklawn Drive, Suite 404, Rockville, MD 20852; 301-231-4877 Ext. 28; Email: smcgee@divaris.com; Web site: www.divaris.com. For more information regarding the Manassas property, contact Susan McGee or Joseph Farina, Ext. 57; Email: jfarina@divaris.com. DM
Virginia Chesterfield County – Chesterfield Meadows Shopping Center, located at the intersection of Iron Bridge Road and Centralia Road, has spaces of 750 sq.ft., 1,100 sq.ft., 11,297 sq.ft. and 15,846 sq.ft. available. Cotenants include Martin’s, Dollar Tree, Pleasants Hardware, Subway, Wendy’s, Hallmark, Merchant’s Tire & Auto Services and Wells Fargo. Area demographics include a population of 75,675 within five miles earning $77,224 as the average household income. The average daily traffic count is 28,000 vehicles. For more information, contact Bob Butcher, S.L. Nusbaum Realty Co., 9211 Forest Hill Avenue, Suite 110, Richmond, VA 23235; 804-320-7600 Ext. 1309; Email: bbutcher@slnusbaum.com; Web site: www.slnusbaum.com. Dale City – Ashdale Plaza, located at the intersection of Gideon Drive and Dale Boulevard, has two spaces of 3,200 sq.ft.
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space available lynn plaza Wheeling, IL 60090
available
• Parking for over 400 cars • Easy access from Route 53, I-94 and I-294 • Excellent retail visibility • Market includes Northbrook, Buffalo Grove, Prospect Heights and Arlington Heights • Across from planned Wheeling Town Center, which includes a 30,000 sq.ft. theater
Join
1,935 sq.ft. 3,000 sq.ft. 8,750 sq.ft. (restaurant) Equipment Available
Market place Crown Point, IN 46307
6700 lincoln ave Lincolnwood, IL 60712
• Great location • Easy access
• 100’ frontage on Lincoln Avenue • Adjacent 24,000 sq.ft. site may be available • Average income of over $75K within 7 miles • Population over 1.4 million within 7 miles
• Abundant Parking • 40 miles south of Chicago
available 1,753 sq.ft. to 6,859 sq.ft. (can combine to 15,000 sq.ft.) Join
available 11,714 sq.ft. (may divide) area retailers
For more information, contact Michael A. Kolodny, CPM • mikek@hallmarkjohnson.com • 773.545.6160