Reporting The Nation’s Weekly News on Retailing & Retail Real Estate
Volume XXIV No. XLII
November 6, 2009
Apparel Chains Expand Nationwide Hot Topic, Inc. trades as Hot Topic at 680 locations nationwide and throughout Puerto Rico. The stores, offering apparel, accessories, gifts and music, occupy spaces of 1,500 sq.ft. to 1,800 sq.ft. in lifestyle centers and malls. Limited growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 10 years with options. The company also trades as Torrid at 157 locations nationwide. The stores, offering apparel in sizes 12 to 26 along with lingerie, shoes and accessories for women ages 15 to 29, occupy spaces of 2,220 sq.ft. in lifestyle centers and malls. Limited growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run 10 years with options. For more information, contact John Neppl, Hot Topic, Inc., 18305 East San Jose Avenue, City of Industry, CA 91748; 626839-4681 Ext. 2792, Fax 626-581-1093; Email: jneppl@hottopic.com; Web sites: www.hottopic.com and www.torrid.com. De Janeiro Stores, Inc. trades as De Janeiro at seven locations throughout NY. The stores, offering women’s apparel, occupy spaces of 2,500 sq.ft. to 3,500 sq.ft. in urban/downtown areas. Plans call for three openings throughout New York, NY during the coming 18 months. For more information, contact Arthur Djamil, De Janeiro Stores, Inc., 420 Lexington Avenue, New York, NY 10170; 212-983-8933, Fax 212344-5613.
Citi Trends, Inc. trades as Citi Trends at 380 locations nationwide throughout 24 states. The stores, offering men’s, women’s and children’s apparel, accessories and shoes, occupy spaces of 12,000 sq.ft. to 15,000 sq.ft. in neighborhood, power and strip centers. Growth opportunities are sought throughout the southeast, mid-Atlantic and midwestern U.S., along with CA and TX, during the coming 18 months. Typical leases run five years. A vanilla shell and specific improvements are required. Preferred cotenants include dollar stores, grocery stores and apparel and footwear retailers. For more information, contact Steven Horowitz, Citi Trends, Inc., 104 Coleman Boulevard, Savannah, GA 31408; 912-4434910; Web site: www.cititrends.com. Fulton & Sons, Inc. trades as Sagesport at four locations throughout NC and SC. The stores, offering athletic apparel and footwear, occupy spaces of 5,000 sq.ft. in power, specialty and strip centers. The company will consider sites on a case-by-case basis throughout western NC during the coming 18 months. Typical leases run two to five years. Preferred cotenants include Walmart and Target. For more information, contact Corky Fulton, Fulton & Sons, Inc., PO Box 1129, Kings Mountain, NC 28086; 704-739-2366, Fax 704739-7059; Email: corky_sagesport@yahoo.com; Web site: www.sagesport.com. (continued on page ten)
This issue contains information on:
* Retailers operating 6,507 locations with plans to open 706 sites * Real estate valued in excess of $566.59 million to be bought, sold & financed * Leasing activity on over 10.622 million sq.ft. of retail properties
Important News Please Expedite
Postmaster: Periodical
Featuring ICSC Texas Conference Buyers & Sellers CB Richard Ellis negotiated the sale of several centers throughout Houston, TX........ Pg. 3 Observations & Conversations Pg. 4 Openings QuikTrip will open a concept prototype in Tulsa, OK.......... Pg. 8 Exclusives KB Real Estate represents PCMall throughout select markets in Chicago, IL........... Pg. 10 Food Retailers Expand Pizza Patron looks to expand throughout AZ, CA, CO, FL, GA, NV and TX..................... Pg. 11 Lease Signings Dial Properties Co. signed five leases at a center located in Normal, IL ........................ Pg. 12 In The News Edens & Avant promoted Jessica Bruner to vice president, leasing................... Pg. 13 Sources of Financing Newbridge Investments offers bridge and land loans............ Pg. 13 New Construction Rohde Ottmers Siegel is preleasing a center located in San Antonio, TX.................... Pg. 14 Lead Sheet NAPA Auto Parts looks for sites throughout IA, MN and WI.................................. Pg. 15 The Vitamin Shoppe plans to open stores nationwide.......... Pg. 18 Space Place........................... Pg. 19 Most Valuable Players........... Pg. 26
For more news go to: www.dealmakers.net