Reporting The Nation’s Weekly News on Retailing & Retail Real Estate Volume XXVIII No. XLIII
November 8, 2013
FEATURING home-related Chains Expand Nationwide Tuesday Morning operates 822 locations nationwide. The stores, offering home décor items, furniture, kitchen, bed and bath products, electronics, luggage, pet supplies and seasonal items, occupy spaces of 12,500 sq.ft. in freestanding locations and entertainment, lifestyle, power, strip, tourist and value centers, as well as urban/downtown areas. Growth opportunities are sought throughout AL, AR, FL, GA, LA, MS, OK, TN and TX during the coming 18 months. Typical leases run five years with three, five-year options. A vanilla shell is preferred. Preferred demographics include a population of 175,000 within five miles. Preferred cotenants include soft goods retailers. The company requires sites with at least 50 dedicated parking spaces. For more information, contact Addie Stringer, Tuesday Morning, 6250 LBJ Freeway, Dallas, TX 75240; 800-457-0099 Ext. 7409; Email: astringer@tuesdaymorning.com; Web site: www.tuesdaymorning.com. Fuller & Son Hardware trades as Fuller & Son Hardware & Lumber at five locations in Little Rock, AR. The lumber yards prefer to occupy spaces of up to 10,000 sq.ft. in strip centers. Growth opportunities are sought throughout AR during the coming 18 months. For more information, contact Bobby Fuller, Fuller & Son Hardware, 7311 Baseline Road, Little Rock, AR 72209; 501-562-2345, Fax 501562-2271; Web site: www.fullerandson.com.
Ashley Furniture Industries, Inc. trades as Ashley Furniture HomeStore at 400 locations nationwide. The stores, offering living room, dining room, bedroom and office furniture, as well as home accents, occupy spaces of 35,000 sq.ft. in freestanding locations and inline spaces and endcaps of power centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Preferred cotenants include national and regional retailers. For more information, contact Gary Colby, Ashley Furniture Industries, Inc., 1 Ashley Way, Arcadia, WI 54612; 608-323-3377; Email: gcolby@ashleyfurniture.com; Web site: www.ashleyfurniture.com. Ethan Allen Global, Inc. trades as Ethan Allen at 300 locations nationwide and internationally. The stores, offering home furnishings and accents, occupy freestanding locations, lifestyle and specialty centers. Growth opportunities are sought nationwide during the coming 18 months. Typical leases run 10 years with options. Preferred cotenants include high-end retailers. Preferred demographics include 75,000 households earning $75,000 as the average household income. For more information, contact Ann Zaccaria, Ethan Allen Global, Inc., Ethan Allen Drive, Danbury, CT 06811; 203-743-8423, Fax 203743-8589; Web site: www.ethanallen.com. (continued on page twelve)
This issue contains information on: • Retailers operating 9,890 locations with plans to open 1,168 sites • Real estate valued in excess of $376 million to be bought, sold & financed • Leasing activity on over 2.7 million sq.ft. of retail properties s Postmaster: Periodical New nt a te rt di Impo se Expe Plea
icsc texas conference New Construction The Weitzman Group preleasing West Plano Village in TX............ Pg. 4 Buyers and Sellers Marcus & Millichap brokers the $24 million sale of a shopping center in NC............................... Pg. 5 Observations & Conversations.... Pg. 6 Food Chains Expand Dixie Lee Chicken and Seafood on a national rollout................... Pg. 7 CHUY’s wants more of TX.......... Pg. 10 Who’s Opening and Where Shake Shack to enter the TX market........................................ Pg. 8 Sources of Financing Savills, LLC negotiated $218 in financing for a mixed-use project in NJ........................................... Pg. 9 Exclusives CBRE to prelease mixed-use site in Ft. Lauderdale......................... Pg. 10 Lease Signings The Weitzman Group inks deals with Gander Mountain, Planet Fitness and Charlotte Russe in TX.............................................. Pg. 11 Lead Sheet Lush Fresh Handmade Cosmetics to open 45 stores........................ Pg. 13 Omega Sports to enter SC and VA.............................................. Pg. 16 Space Place................................ Pg. 18