Reporting The Nation’s Weekly News on Retailing & Retail Real Estate Volume XXVIII No. XL
October 18, 2013
FEATURING apparel Chains Expand Nationwide Gussini Fashion & Shoes operates 12 locations throughout MD, northern VA and Washington, DC. The stores, offering women’s apparel and footwear, occupy spaces of 5,000 sq.ft. to 15,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the Washington, DC metropolitan area during the coming 18 months, with representation by Newmark Grubb Knight Frank. Preferred cotenants include fashion retailers. For more information, contact Edward Goldmeier, 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. DTLR, Inc. operates 100 locations throughout AL, GA, IL, IN, MD, MO, NC, NJ, NY, SC, VA and the Washington, DC metropolitan area. The stores, offering urban-inspired apparel, footwear and accessories for men and women, occupy spaces of 4,000 sq.ft. to 4,500 sq.ft. in malls and strip centers. Growth opportunities are sought throughout northern FL, GA, NC and SC during the coming 18 months, with representation by The Mazzotta Group. A vanilla shell and tenant improvement allowance is required. For more information, contact Laurie Mazzotta, The Mazzotta Group, 100 West Road, Suite 300, Baltimore, MD 21204; 410-494-6500, Fax 410783-8999; Email: laurie.mazzotta@mazgrp.com; Web site: www.dtlr.com.
Sports Fan of Tidewater, Inc. trades as Legends and Sports Fan at 12 locations throughout DE, MD, NC and VA. The stores, offering athletic and active apparel and related merchandise, occupy spaces of 1,200 sq.ft. to 4,000 sq.ft. in malls, lifestyle and specialty centers. Growth opportunities are sought throughout MD, NC and VA during the coming 18 months. Typical leases run five to seven years. Major competitors include Foot Action, Foot Locker and Downtown Locker Room. For more information, contact Glenn Ferraro, Sports Fan of Tidewater, Inc., 11838 Canon Boulevard, Newport News, VA 23606; 757-873-3877, Fax 757-873-4787; Email: glenn@legends-sports.com. Forman Mills, Inc. trades as Forman Mills at 30 locations throughout DE, IL, MD, MI, NJ, NY, OH, PA and Washington, DC. The stores, offering discounted family apparel, occupy spaces of 40,000 sq.ft. to 60,000 sq.ft. in freestanding locations, strip centers and urban/ downtown areas. Growth opportunities are sought throughout the existing markets during the coming 18 months. For more information, contact Department of Real Estate, Forman Mills, Inc., 1070 Thomas Busch Memorial Highway, Pennsauken, NJ 08110; 856-486-1447, Fax 856-488-9641; Web site: www.formanmills.com. (continued on page eight)
This issue contains information on: • Retailers operating 37,043 locations with plans to open 2,154 sites • Real estate valued in excess of $98 million to be bought, sold & financed • Leasing activity on over 2.1 million sq.ft. of retail properties s Postmaster: Periodical New nt a te rt di Impo se Expe Plea
pre-show icsc southeast conference New Construction Sabre preleasing site in Farmingdale, NY........................ Pg. 3 Buyers and Sellers NAI Capital markets Vons anchored center in CA................ Pg. 4 Food Chains Expand Austaco Ltd. plans to open seven Taco Bell locations in TX............ Pg. 5 Who’s Opening and Where Publix active in the Carolinas..... Pg. 6 BJ’s Restaurant five-year plan is to open 260 locations................. Pg. 6 Lease Signings Goodman Real Estate inks deal with Aldi.................................... Pg. 7 Making the News Bradley Co. taps new talent........ Pg. 7 Sources of Financing The Greysteel Co. starts financing division...................................... Pg. 7 Lead Sheet Cobb Theatres to enter new markets....................................... Pg. 9 Orange Theory Fitness plans five openings in NJ............................ Pg. 10 DSW projects up to 15 openings Pg. 11 Exclusives Michael Salove Co. reps Dollar General in DE............................. Pg. 14 Space Place................................ Pg. 14