Reporting The Nation’s Weekly News on Retailing & Retail Real Estate
Volume XXVII No. XLIII
November 9, 2012
Apparel Chains Expand Nationwide Tilly’s operates 159 locations throughout AZ, CA, CO, DE, FL, GA, IA, IL, KY, MD, MI, MN, NC, NJ, NV, NY, OH, OR, SD, PA, UT, VA, WA and WI. The stores, offering apparel, footwear and accessories, occupy spaces of 6,000 sq.ft. to 8,000 sq.ft. in malls and lifestyle, outlet, power and strip centers. Growth opportunities are sought throughout 48 states nationwide during the coming 18 months. Typical leases run 10 years with options. Preferred cotenants include American Eagle, Hollister, Zumiez, Target, Old Navy, movie theaters and sporting goods and department stores. Preferred demographics include a population of 300,000 within 10 miles earning $70,000 as the average household income. For more information, contact John Burgess, Tilly’s, 10 Whatney, Irvine, CA 92618; 949609-5587, Fax 949-609-5517; Web site: www.tillys.com. Easy Pickins operates 30 locations throughout NJ, NY and PA. The stores, offering women’s apparel, occupy spaces of 3,500 sq.ft. in malls, power and strip centers and urban/downtown areas. Growth opportunities are sought throughout the existing markets during the coming 18 months. The company will also consider sites larger than 3,500 sq.ft. For more information, contact Alan Warshak, Easy Pickins, 450 7th Avenue, Suite 701, New York, NY 10123; 212-695-4540, Fax 212-2394735; Email: aw@easypickins.com; Web site: www.easypickins.com.
Rainbow Apparel Cos. trades as Rainbow, Rainbow Plus, Rainbow Kids, 579, Kidspot, Fashion Cents and Marianne at 1,200 locations nationwide and internationally. The stores, offering juniors, plus sizes and children’s apparel and accessories, occupy spaces of 1,800 sq.ft. to 15,000 sq.ft. in malls, strip centers and downtown areas. Growth opportunities are sought nationwide during the coming 18 months. For more information, contact Andre Nikol, Rainbow Apparel Cos., 1000 Pennsylvania Avenue, Brooklyn, NY 11207; 718-485-3000 Ext. 223, Fax 718-485-3807; Email: anikol@rainbow-mail.com; Web site: www.rainbowshops.com. David’s Bridal operates 300 locations nationwide. The stores, offering bridal gowns, bridesmaid and formal dresses, accessories, invitations and tuxedos, occupy spaces of 6,000 sq.ft. to 8,000 sq.ft. in regional centers. Growth opportunities are sought throughout the Baltimore, MD metropolitan area and in Washington, DC during the coming 18 months, with representation by Sax Realty, Inc. The company prefers sites with at least 60 feet of frontage. For more information, contact Les Sax, Sax Realty, Inc., 4931 Cordell Avenue, Bethesda, MD 20814; 240-497-1192, Fax 240-4971070; Email: lsax@saxrealty.com; Web sites: www.saxrealty.com and www.davidsbridal.com. (continued on page twenty)
This issue contains information on:
* Retailers operating 13,673 locations with plans to open 1,287 sites * Real estate valued in excess of $66 million to be bought, sold & financed * Leasing activity on over 3 million sq.ft. of retail properties
Important News Please Expedite
Postmaster: Periodical
Featuring ICSC Texas Conference New Construction Millcraft Industries to redevelop former Saks Fifth Avenue in Pittsburgh............. Pg. 3 Observations & Conversations Pg. 4 Profile Weingarten Realty Investors
Pg. 6
Buyers & Sellers UCR Investment closes on deals in OK and TX............... Pg. 8 Who’s Opening & Where Eataly names second U.S. Pg. 9 store location......................... VooDoo BBQ and Grill projects 26 new sites in FL..... Pg. 9 Food Retailers Expand Pizza Patron plans up to 35 openings................................ Pg. 12 Sources of Financing CBRE Capital Markets arranges financing for FL center........... Pg. 13 Making The News Federal Realty taps Harold Nafash................................... Pg. 13 Lease Signings Retail Solutions inks deals throughout TX....................... Pg. 13 Exclusives Mallon & Associates reps H-Mart................................... Pg. 14 Lead Sheet Stein Mart continues growth in TX..................................... Pg. 16 Weight Watchers wants more locations nationwide............. Pg. 17 Space Place........................... Pg. 22
For more news go to: www.dealmakers.net Mobile Access Code: ICSCTX2012
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New Construction The Bozzuto Group, in a joint venture with Giant of Maryland, is redeveloping Cathedral Commons, a 264,272 sq.ft. mixeduse center located along Wisconsin Avenue in Washington, DC. The redevelopment will include a 137-unit luxury housing component, eight townhomes and a 128,852 sq.ft. retail component. A 56,000 sq.ft. Giant supermarket will anchor the center, which is slated to open during fall 2014. For more information, contact Bozzuto Group, 7850 Walker Drive, Suite 400, Greenbelt, MD 20770; 301-220-0100; Web site: www.bozzuto.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 Sales Executive Jacqueline Pelicano • jp@dealmakers.net Customer Service Bridget Thoresen • 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 2012 by TKO Real Estate Advisory Group Inc. 609-587-6200, fax 609-587-3511.
Mechenbier Construction, Inc. is redeveloping 4444 Alameda Plaza, a 16,000 sq.ft. center located near the intersection of Alameda and Jefferson in the Journal Center section of Albuquerque, NM. Cotenants will include Oak Tree Café and Subway. The redevelopment is slated to be completed during 2013. For more information, contact Mechenbier Construction, Inc., 8500 Washington Street Northeast, Suite A-5, Albuquerque NM 87113; 505-314-7700; Email: info@mechenbier.com; Web site: www.mechenbier.com. MMG Equity Partners is developing West Kendall Village, a 50,000 sq.ft. shopping center located at the intersection of Kendall Drive and 153rd Avenue in Miami, FL. Shop spaces from 1,100 sq.ft. are available. Cotenants include Fuddruckers, The Learning Experience and Okey-Dokey Grocery. The center is slated to open during May 2013. For more information, contact Gabe Navarro, MMG Equity Partners, 9155 South Dadeland Boulevard, Suite 1216, Miami, FL 33156; 305-637-7312; Web site: www.mmgequitypartners.com. Millcraft Industries, along with McKnight Realty, is proposing a multi-use development in a former Saks Fifth Avenue building located along Smithfield Street in Pittsburgh, PA. Construction is slated to begin at the end of 2013. For more information, contact Millcraft Industries, 95 West Beau Street Suite 600, Washington, PA 15301, 724-2298800, Email: info@millcraftindustries.com; Web site: www.millcraftindustries.com. Jones Lang LaSalle, in partnership with Genesis Partners, is redeveloping Charles Pointe, a 250,000 sq.ft. development located along Interstate 79 in Bridgeport, WV. The redevelopment will include additional retail space and office, hospitality and apartment components. For more information, contact Jones Lang LaSalle, 200 East Randolph Drive, Chicago, IL 60601; 312-782-5800, Fax 312 782 4339; Web site: www.joneslanglasalle.com. Oleander Co. is redeveloping Hanover Center, a 320,000 sq.ft. center located along Oleander Drive in Wilmington, NC. Expansion will include 8,000 sq.ft. of retail space. Cotenants include Stein Mart, Hobby Lobby, Kid to Kid, Capriotti’s and Starbucks. For more information, contact Jim Smith, Oleander Co., 1303 Independence Boulevard, Suite A, Wilmington, NC 284030803; 910-392-3300. www.dealmakers.net
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Grosvenor Americas, along with Skanska USA Commercial Development, Inc. is redeveloping a 650,000 sq.ft. mixed-use center located at the intersection of 1st Street and Cushing Place in Washington, DC. The center will feature a 224,000 sq.ft. office component, a 170-unit hotel component and an 11,000 sq.ft. retail component, along with a rooftop terrace. For more information, contact Don Capobres, Grosvenor Americas, 1701 Pennsylvania Avenue, Northwest, Suite 1050, Washington, DC 20006; 202293-1235, Fax 202-785-2632; Web site: www.grosvenor.com. Chesapeake Real Estate Group, LLC, along with BCP Investors, LLC, is redeveloping Canton Crossing, a shopping center situated on 31 acres near Interstate 95 in Remington, MD. The first phase of redevelopment will include 322,000 sq.ft. of retail space and is slated to open during October 2013. For more information, contact Neil Tucker, Chesapeake Real Estate Group, LLC, 1344 Ashton Road, Suite 105, Hanover, MD 21076; 410-787-8799, Fax 410-787-8872; Web site: www.cregllc.com. Thompson Thrift Development Co. is redeveloping a shopping center located at the intersection of County Road 6 and Cassopolis Street in Elkhart, MI. The redevelopment will include 115,000 sq.ft. of retail and restaurant space. T.J. Maxx, Shoe Carnival, PetSmart and a 13-screen Encore Cinemas will anchor the center. For more information, contact Thompson Thrift Development Co., 901 Wabash Avenue, Suite 300, Terre Haute, IN 47807; 812-235-5959, Fax 812-235-8122; Web site: www.thompsonthrift.com. B.L. Price Co., Inc. is redeveloping the Trancas Country Market Shopping Center, a 27,695 center situated on 7.4 acres along Trancas Canyon Road in Malibu, CA. The redevelopment will include 25,728 sq.ft. of retail space. For more information, contact B.L. Price Co., Inc., PO Box 222211, Newhall, CA 91322-2211; 661-799-8900, Fax 661-7998916; Email: info@blpriceco.com; Web site: www.blpriceco.com. Centergy Retail is redeveloping the Fountains of Farah, located in El Paso, TX. The center is slated to be completed during 2013. For more information, contact Centergy Retail, 8235 Douglas Avenue, Suite 900 Dallas, Texas 75225; 214-3687200, Fax 214-361-0739; Web site: www.centergyretail.com. DM November 9, 2012
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observations and conversations Supermarket chains are making the biggest moves in the Texas market and the competition looks like it could get fierce Ann O’Neal Welcome to The Dealmakers special edition for the ICSC Texas Conference. I’m writing this is the wake of Hurricane Sandy and the damage is overwhelming and it’s going to cost a lot of dough to rebuild. The images coming out of New York City and the surrounding areas are hard to comprehend. Our office is in New Jersey, however at the moment the generator has gas and we have internet access so the show goes on. There’s a lot of activity in the Lone Star state. Several retailers have tapped the market to test new concepts. Stage Stores is rolling out a new concept trading as Steele’s with initial openings in Beeville and Sequin, Texas, along with projections to have up to 35 units operating by the end of the year. The spinoff utilizes about 10,000 square feet in small and mid-size markets offering family apparel, accessories, shoes and home décor at discount prices. GameStop is opening 80 temporary stores, of which one of the first will open in Texas, that cater to children using the trade name GameStop Kids and it’s supplementing gaming merchandise with toys and accessories. Nebraska Furniture Mart is also entering the Texas market and recently broke ground on a 433-acre, mixed-use development near Dallas and plans to open a two-level 530,000 square foot store during 2015. Franchisees are hot on the Texas market too. A newly-franchised concept, America’s Taco Shop plans to enter Texas for its initial roll-out. Flip Flop Shops, through a franchisee, recently opened stores in Corpus Christ and The Woodlands, bringing its store count in Texas to nine. The chain of specialty shoe stores plans to open future locations in Amarillo, Arlington, Austin, College Station, Dallas, Houston, San Antonio and San Marcos. Chains that already have a big stake in the Texas market are also finding new opportunities. Stein Mart continues to grow in Texas and recently increased its store count to 44 units operating in the state with recent openings in Katy and McAllen. Wal-Mart plans to open four supercenters in San Antonio by 2014, in addition to more growth in Austin, Dallas and Houston. Corner Bakery Café, through a franchisee, plans to open seven locations throughout the southern region of the state, including sites in Harlingen, Brownsville, Laredo and Corpus Christi. Costco Wholesale Club also has future plans to open several Texas locations. These are just a few indicators of a healthy economy in Texas. Supermarket chains are making the biggest moves in the Texas market and the competition looks like it could get fierce. Trader Joe’s recently opened its first store in San Antonio and Whole Foods just opened a second store in the market, in addition to opening two stores in Austin this year. A third Trader Joe’s will open in the Houston area by the end of the year, followed by more stores in Dallas and Austin by 2015. Trade Joe’s entered Texas during June with locations in Fort Worth, Houston and Plano. Whole Foods is expected to continue to saturate the Texas market increasing its store count from 20 to almost double by 2017. The chain is streamlining future stores to 40,000 square feet. Aldi also plans to continue its expansion in Texas. Natural Grocers by Vitamin Cottage, a specialty supermarket chain, is opening its 13th store in Texas next year with a 21,000 square foot store in Denton. The company typically uses a 14,000 square foot space. Spec’s Wines, Spirits and Finer Foods is opening its 11th location in the DFW metro-plex and the store will occupy 55,800 square feet, marking the largest foot print in the chain. page 4
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Walmart Neighborhood Markets just opened at former Albertsons in Carrollton and Plano, in addition to taking over a former Kroger in Colleyville. H-E-B is also opening more supermarkets in the 60,000 square foot range as it in-fills the markets that it already dominates throughout the state. It is getting hot on the supermarket scene in Texas and then throw a little more competition from Randalls, Sprouts, Kroger, Fiesta Foods, Albertson, Brookshire and it’s got the makings of an interesting food fight. I’m seeing a lot of shopping center acquisitions in the Texas market being driven by not only economics, but also by having a supermarket anchor. There are a lot of players on a relatively small playing field considering that most of the supermarket competition is in three major markets; Dallas and Ft. Worth, Houston, Austin and San Antonio. All of which are seeing population and job growth. I read a statistic that Austin is expected to increase its population by 20% and the last time I flew over San Antonio and Austin; they looked like one big city with endless traffic connecting them. I grew up in the Dallas – Ft. Worth area and it’s morphed into a mega market too. On the topic of Texas, supermarkets and job growth, we have a profile on Weingarten Realty in this issue and the statistics on its occupancy levels and comp store sales is impressive. I had the chance to visit with Patty Bender, Weingarten’s executive vice president of leasing, and she has some innovative approaches to canvassing, competition analysis and streamlining the process from showing space to delivering the store. When you look at their occupancy rates, you’ll want to know how they do it. I’m also hearing that developers are moving forward with proposed projects throughout Texas. On the acquisition side, it’s starting to get heated too. Inland recently closed on Wheatland Town Center, a 206,223 square foot shopping center in Dallas, for approximately $39 million. Ross Dress for Less, PetSmart and Office Depot are the anchors and the property is adjacent to a Target store. Velocis Fund LP recently acquired two shopping centers with an aggregate GLA of 350,000 square feet in Austin for $60 million. N3 Real Estate also recently closed on the $25 million acquisition of a portfolio of eight shopping centers totaling 172,000 square feet and located adjacent to Walmart Supercenters in Alamo, Dumas, Hereford, Weatherford, Red Oak and Sweetwater. I’m also hearing that sales transactions of single-tenant deals are extremely active throughout the state, even in rural and small markets. I have to wrap it up and for all of y’all at the show in Texas, stop by and visit with us at our booth (#702). We won’t talk politics though, even if the election is just a blink away. The last politician that I really liked was Ann Richards and yes, all of my exes really are still in Texas! Have a great show and my thoughts go out to those affected by the storm,
Ann O’Neal, Publisher
www.dealmakers.net
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ADDITIONAL AVAILABLE PROPERTIES State LA OK TX TX TX TX
City Lake Charles Oklahoma City Abilene Amarillo Austin Grand Prairie
Address 1100 N. MLK Hwy 12101 NE Expressway St 4135 N. First St 4215 SW 45th St 804 Braker Lane 2506 Belt Line Rd
Available Space 12,669 sqft 32,053 sqft 4,860 sqft 2.18 acres PAD 16,457 sqft
Asking Sale Rent Price $7.00 NNN N/A 3.95 NNN $775,000 $4.95 NNN $145,000 $38,168 $1,750,000 TBD N/A $5.00 NNN N/A
OCCUPIED PROPERTIES FOR SALE State TX TX
City Houston Houston
Address 8138 Longpoint Rd 7773 Bellfort St
Building Size 4,000 sqft 4,000 sqft
185 NW Spanish River Blvd • Suite 100• Boca Raton • FL 33431
Land Size 0.36 acres 0.36 acres
Sale Price $450,000 $320,000
weingarten realty investors Innovative Growth Stephanie Weaver
Weingarten Realty Investors (WRI) is a shopping center owner, manager and developer, with a 63.8 million square foot portfolio consisting of 301 neighborhood and community shopping centers and 26 other properties company-owned or operated throughout 20 states. In excess of 55% of WRI’s retail portfolio is located in California, Florida and Texas. Its centers in California and Texas have occupancy levels in excess of 95 percent. An explanation to some of Weingarten’s success is its directive to follow new job growth and during the Patricia A. Bender past year, almost half of the new job growth Executive Vice President, Leasing in the nation took place in states in which it operates shopping centers. Also, to attain its impressive leasing activity, Weingarten implemented a program known as “ShopCentric.” The REIT is actively acquiring retail sites and its leasing efforts have soared, consequently the retail portfolio currently enjoys about a 94% occupancy level. The company produced strong leasing results during the second quarter with 380 new retail leases and renewals, totaling over one million square feet. These transactions were comprised of 163 new leases and 217 renewals, while the average rental rate increase on new retail leases signed during the quarter was 5.2 percent along with almost a three percent gain in net operating income for its portfolio of shopping centers. Weingarten focuses its leasing platform on retail tenants that provide necessities, services and discount clothing, while Kroger, TJX, Ross, Safeway, Petsmart, Sports Authority, H-E-B, Best Buy, Bed Bath & Beyond and Office Depot are the predominant anchors within its shopping center portfolio. Patty Bender, Executive Vice President of Leasing, is the master mind behind “ShopCentric.” Patty is directly responsible for all transactions in existing assets and is involved with anchor tenant leasing, redevelopments, and new developments. In addition, she has been particularly focused on the development of the lifestyle centers owned by Weingarten Realty. In her 30-year career with WRI, she created the “ShopCentric” program to streamline the leasing process for small shops with a simple document that does not require an attorney-review for new leases or renewals. In addition, the program offers a slew of services to assist small shop operators in growing their chain with business consulting for small business development, an in-house proprietary business plan and assistance with preparing financial statements. The program also allows brokers to collect their commission in a speedy manner using its “Broker Fast Pay” system. “Shopcenteric” offers several components including its Global Meetings, which includes meetings with over 150 national, regional and franchised retailers that have robust expansion plans. The program also allows retailers access to a property search spreadsheet matching the retailer’s site criteria to WRI’s leasing opportunities. The spread sheet is derived from a compilation of store sales within given markets, analysis of area competition and proprietary information gathered by WRI. Partners is yet another component of “ShopCenteric” and is focused on working with existing tenants in its page 6
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portfolio by site visits and discussions regarding store performances, adding store locations, renewals, evaluations of business plans, and competitors. Lastly, its Research and Marketing Consulting Services Group is a team of industry experts offering consultation on marketing strategies for small shop operators including demographic studies, site selection, market strategy, marketing plans, advertising, graphic design and photography. The “ShopCenteric” program has had a direct correlation to WRI’s ability to lease vacancies and maintain successful chains within its portfolio. Weingarten also self-develops or develops projects, typically valued in excess of $15 million, in joint ventures with landowners, other developers, and retailers. WRI utilizes a variety of financial structures tailored to the needs of its joint venture partners, which may combine different levels of equity, debt, stock or DownREIT units, ground leases and other forms of joint venture contributions. Robert Smith, Senior Vice President/Director of Development, is aggressively pursuing development opportunities throughout the West, Southwest and Southeast regions of the U.S. WRI’s criteria for new development calls for sites to accommodate retail centers in excess of 100,000 square feet and serving a trade-area population of 70,000. Weingarten‘s acquisition criteria focuses on core supermarket and/or discount store-anchored, neighborhood, lifestyle, or infill power centers. A minimum GLA of 100,000 square feet and multitenanted centers with an existing anchor store(s) or the capacity to accommodate a future anchor are also parameters for ideal acquisitions, as is a preference for properties offering add value opportunities through lease-up or redevelopment. Demographic requirements call for a minimum trade-area population of 70,000 and SMAs with a population of at least 750,000 residents. Centers situated at a major intersection of two thoroughfares and located throughout the West, Southwest and Southeast regions of the U.S. are of interest for future acquisitions. Weingarten typically structures acquisitions for all cash or leveraged, in addition to joint ventures, stock swaps and DownREITs. A recent acquisition of Weingarten Realty Investors is the Pike Center in Rockville, Maryland. The 81,300 square foot shopping center was acquired for $54 million from JBG Companies and JBG Rosenfeld Retail. Serving the Washington D.C. region, the site is situated between two nearby Metro stations and 145,000 people reside within three miles earning average household incomes of $110,000. The property is also part of the White Flint Sector 2 plan currently under study by the County to revise and amend the existing zoning to high density mixed-use development within the next three years. Pike Center should provide WRI with approximately a six percent return-on-investment and further upside when the property is redeveloped. WRI’s acquisition team includes Tom Kuehl sourcing opportunities throughout California; Robert Smith handles Oregon and Washington, while Tim Frakes is responsible for the Mountain Region, Mark Witcher in the Central Region and Gary Greenberg working within the Mid-Atlantic and southeastern states. For more information, contact Patty Bender, Weingarten Realty, 2600 Citadel Plaza Drive, Suite 125, Houston, TX 77008; Phone: 713-8666000, Fax: 713-866-6049; Web site: www.weingarten.com. www.dealmakers.net
Buyers and Sellers Jones Real Estate is selling a 70,000 sq.ft. building located at the intersection of Harbor Boulevard and East Imperial Highway in La Habra, CA. The average daily traffic count is 160,000 vehicles. The asking price is $7 million. Also for sale is an 18,596 sq.ft. parcel, located at the intersection of Imperial Highway and Edwards Street in La Mirada, CA. Area retailers include Big Lots, KFC, Jim’s Burgers, UNO Super Market and Dollar Mission. The asking price is $837,000. Also for sale is a 14,160 sq.ft. space located at the intersection of North Village Court and West Arrow Highway in San Dimas, CA. Area retailers include Vista Paint, KFC, Lowe’s Home Improvement, Sizzler and McDonald’s. The asking price is $2.35 million. For more information, contact Greg Jones, Jones Real Estate, 440 West Whittier Boulevard, La Habra, CA 90631; 562697-3333 Ext. 21, Fax: 562-697-9999; Email: greg@jonesre.net; Web site: www.jonesre.net. UCR Investment Sales brokered the sale of The Center at Owasso, a 143,798 sq.ft. power center located in Owasso, OK. At the time of sale, the center was 100% leased with cotenants including Ross Dress for Less and Famous Footwear. The company also brokered the sale of Egypt Crossing, a 22,260 sq.ft. center located in Magnolia, TX. At the time of the sale, the center was 89% leased with cotenants including Rico’s Mexican Grill, Allstate Insurance and Tailgators. The company brokered the sale of both shopping centers on behalf of Hunt Properties. For more information, contact UCR Investment Sales, 7001 Preston Road, Suite 222, Dallas, TX 75205; 214-526-6262.
Award Commercial is selling land areas of 4.47 acres, 2.11 acres and 2.28 acres along Willows Road in Alpine, CA. The asking price is $1.95 million for the 4.47 parcel and $1.95 million for both the 2.11 and 2.28 parcels. The company is also selling a 0.42-acre parcel of land located along Kellogg Drive in Yorba Linda, CA. Area demographics include a population of 267,701 within five miles earning $113,009 as the average household income. The average daily traffic count is 35,000 vehicles. The asking price is $517,000. For more details regarding the land areas along Willows Road , contact Juan Pablo Morfin, Jim Resha or Heather Francine, Award Commercial; 160 North Riverview Drive, Suite 350, Anaheim, CA 92808; 888-8451045; Emails: jmorfin@c21awardcommerical.com, jresha@c21awardcommercial.com and heather@c21awardcommercial.com; Web site: www.c21awardcommercial.com. For more details regarding the land area along Kellogg Drive, contact Jim Resha or Heather Francine. CSC Properties, LLC is selling a four-acre retail site with a 55,000 sq.ft. former supermarket in Titusville, FL. Area retailers include Dollar General, Winn Dixie and Walgreen’s. A one-acre retail site at the intersection of Oakland Park Blvd and 33rd Avenue in Ft. Lauderdale, FL is also for sale. The location has a daily traffic count of 60,500 vehicles and a population of 175,000 within three miles. Area retailers include Popeye’s, Family Dollar and Dollar Tree. For more information contact, Lisa Rapp, CSC Properties, LLC, 4592 Ulmerton Road, Suite 100, Clearwater, FL 33762; 727-4463444 Ext. 2128; Fax: 727-346-1253; Email: lisa@cscproperties.com.
Chase Properties, Ltd. recently acquired Valley Corners, located along Highway 70 in Hickory, NC. The 144,000 sq.ft. shopping center is anchored by Michael’s, Ross Dress for Less, Ashley Furniture and Petco and cotenants include Rack Room Shoes, dressbarn, Cato, McDonald’s, Olive Garden and Chili’s. For more information, contact Andy Kline, Chase Properties, Ltd., 216-464-6626; Email: akline@chaseprop.com.
RKF is selling Stile’s Farmers Market, a 10,500 sq.ft. building located at the intersection of Northwest 56th Avenue and Northwest 60th Avenue in Lauderhill, FL. Area retailers include Wendy’s, Publix, BankAtlantic and Wells Fargo. For more information, contact John Ellis, RKF, 888 Brickell Avenue, Suite 101, Miami, FL 33131; 305-372-6204; Email: jellis@rkf.com; Web site: www.rkf.com.
WalMart Realty is selling land areas of 0.71 acres, 0.93 acres, 1.48 acres, 2.63 acres and 11.98 acres at the intersection of Escondido Avenue and Main Street in Hesperia, CA. For more information, contact Robert Davis, Walmart Realty, 2001 Southeast 10th Street, Bentonville, AR 72716; 479-204-2020, Fax: 479-273-8119; Email: rdavi15@walmart.com; Web site: www.walmart.com.
CB Richard Ellis is representing a buyer looking to acquire retail properties throughout northern CA. Ideal transactions are in the $5 million to $25 million price range. Preferred acquisitions include long term leases with credit tenants. For more information contact, Don LeBuhn or Elaine Richards, CB Richard Ellis; 415772-0248/0447; Emails: don.lebuhn@cbre.com and elaine.richards@cbre.com.
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Newmark Grubb Knight Frank brokered the sale of a freestanding Advance Auto Parts located near Home Depot, Target and Lowe’s Home Improvement in Lafayette, IN. The 8,000 sq.ft. building sold for $1.5 million. For more information contact, Andy Gallas or Michael Bennett, Newmark Grubb Knight Frank, 312-224-3160/3116; Emails: agallas@ngkf.com and mbennett@ngkf.com. Retail Solutions is selling a 14,414 sq.ft. former car dealership situated on 5.63 acres located on Whitestone Boulevard in Cedar Park, TX. For more information, contact Ryan Hoff, Retail Solutions, 3724 Executive Center Drive, Suite 220, Austin, TX 78731; 512-4745557 Ext. 412; Email: ryan@retailsolutions.us; Web site: www.retailsolutions.us. Hawkins Cos. is selling an 88,687 sq.ft. Food City supermarket located at the intersection of 91st Avenue and Thomas Road in Phoenix, AZ. Food City anchors the center and cotenants include Auto Zone, Jiffy Lube, Filiberto’s, Jack in the Box and Bashas’ Gas. Area demographics include a population of 310,878 within five miles earning $57,598 as the average household income. The asking price is $12.95 million. The company is also selling a 44,200 sq.ft. Sportsman’s Warehouse located at the intersection of Interstate 5 and Highway 44 in Redding, CA. Area retailers include Goodwill Industries, Access Dental, Winchell’s, Tokyo Garden, Petco, Payless Shoesource, Hallmark, Soccer City, Check Into Cash and Tuesday Morning. Area demographics include a population of 95,716 within five miles earning $59,143 as the average household income. The asking price is $3.65 million. Also for sale is a 60,959 sq.ft. building, with 13,393 sq.ft. of mezzanine space, situated on 5.39 acres at the intersection of Valley Center Drive and La Paz Drive in Victorville, CA. Area retailers include Monument Sign, Food4 Less, Big Lots, Dollar Tree, Good Year, Supercuts, Costco, Rite Aid and Jo-Ann Fabrics. Area demographics include a population of 141,606 within five miles earning $63,862 as the average household income. The company is also selling an 8.35-acre parcel located at the intersection of Highway 78 and New Goodman Road in Olive Branch, MS. Area retailers include Home Depot, Wal-Mart, Lowe’s, Chili’s, Dairy Queen, Wendy’s, Buffalo Wild Wings, Chick-fil-A, Cato, Radio Shack, Payless Shoesource and Sally Beauty Supply. Area demographics include a population of 58,672 within three miles earning $93,287 as the average household (continued on page twenty)
Who’s Opening and Where Nordstrom, Inc. (206-628-2111) plans to open a 34,800 sq.ft. Nordstrom Rack store at the site of a former Linens ‘N Things at Baldwin Commons, located at the intersection of Interstate 75 and Baldwin Road in Auburn Hills, MI during spring 2013. The store will offer off-season and clearance apparel, footwear and accessory items, and will join DSW, Kohl’s, Ulta and Old Navy at the center. Nordstrom Rack plans to open 24 stores during fiscal 2013 and intends to operate 230 locations by the end of 2016. The company currently operates more than 237 locations nationwide, including 117 fullline stores, 116 Nordstrom Rack stores, two Jeffrey boutiques, one Treasure & Bond and one clearance store. Harris Teeter, Inc. (704-844-3100) recently opened new concept stores trading as 201central at a 31,000 sq.ft. location in Wesley Chapel and a store in Huntersville, NC. The new concept features wine, beer and specialty foods departments, while catering to an affluent clientele. The company currently operates 204 locations throughout eight states and the District of Columbia, including 136 stores in NC, 36 stores in VA, and 13 locations in SC. Grocery Outlet, Inc. (888-227-4246) is opening two Grocery Outlet stores, located along Geary Boulevard and along Bayshore Boulevard in San Francisco, CA. Both locations are slated to open during the summer or fall of 2013. The company, headquartered in Berkley, CA, currently operates 185 locations throughout six western states and trading as Amelia’s in PA. Menard, Inc. (715-876-5911) plans to open a 245,300 sq.ft. Menards store at the site of a former Walmart, situated on 22 acres along Elm Road in Bazetta, OH. The store is slated to open during spring 2014. The company currently operates 270 locations throughout 14 states nationwide, primarily in the Midwest. Diversified Restaurant Holdings, Inc. (716-843-3908) plans to open its tenth Bagger Dave’s Legendary Burger Tavern in Bloomfield Hills, MI. The company is also planning to open 35 to 45 corporate restaurants during 2015. The chain operates 31 locations, including 14 throughout MI. BonChon (212-273-9797) plans to open a 3,100 sq.ft. restaurant at Potomac Festival Shopping Center in Woodbridge, VA. The restaurant is slated to open during March 2013 and will join hh gregg, Buffalo Wild Wings, Staples and Savers at the center.
Whole Foods Market, Inc. (512-477-4455) plans to open two Whole Foods supermarkets in New York, NY, including a location at the intersection of West 125th Street and Lenox Avenue in Harlem and a store at the intersection of 87th Street and Third Avenue in the Upper East Side. The locations will bring the company’s Manhattan store count to nine. The Upper East Side location is slated to open during early 2014 and the Harlem store is slated to open during summer 2015. The company is also planning to open a 30,000 sq.ft. Whole Foods at Flower Hill Promenade in San Diego, CA during February 2013. Wegmans Food Markets, Inc. (585-3282550) plans to open a 135,000 sq.ft. Wegman’s supermarket at Northwest Park in Burlington, MA during spring 2014. The store will feature a 14,000 sq.ft. mezzanine eating area, an outdoor café and outdoor cooking classes. The company carries over 70,000 products, as well as 2,500 types of wine. Walmart Stores, Inc. (479-273-4000) is planning to open a 184,000 sq.ft. Walmart at the site of a former Family Dollar and Baker’s Supermarket, at the intersection of 50th Street and Ames Avenue in Omaha, NE. The company currently operates more than 9,000 locations nationwide and internationally throughout 15 countries. The company is also planning to open a Walmart Neighborhood Market store along Southwest Beaverton Hillsdale Highway in Beaverton, OR. The store is slated to open this December. Eataly (212-229-2560) is opening a 60,000 sq.ft. specialty market along East Ohio Street in Chicago, IL during September 2013. It will be the company’s 20th location worldwide, and its second location in the U.S. The concept features both a restaurant and Italian marketplace component. Alfalfa’s Market, Inc. (720-420-8400) plans to open a 22,000 sq.ft. Alfalfa’s Market at the site of a former Safeway along East South Boulder Road in Louisville, CO. The company currently operates one location in Boulder, CO. Price Chopper (800-666-7667) is planning to open a supermarket at a shopping center located along Route 12 in Alexandria Bay, NY during spring 2014. Mattress Firm (505-344-9779) plans to open a 6,155 sq.ft. store at the site of a former Crazy Mike’s Mattress along Union Avenue in Memphis, TN. www.dealmakers.net
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VooDoo BBQ and Grill (225-926-8780) plans to open up to 26 restaurants throughout FL, including a location at the Palms at Town & Country shopping center along Kendall Drive in Miami, FL and is slated to open during March 2013. The 2,500 sq.ft. restaurant will feature outdoor seating. Additional openings include Pembroke Pines, Ft. Lauderdale, Palm Beach, and a location in Delray Beach along Atlantic Avenue, slated to open during February 2013. The company serves Cajun-Creole fusion cuisine. American Eagle Outfitters, Inc. (412-4323300) is planning to open American Eagle Outfitter stores throughout the Midwest and western U.S., including 80 outlet stores, as well as five stores in Mexico during 2013. The company currently operates more than 1,000 locations nationwide. Trader Joe’s Co. (626-599-3700) plans to open a 13,000 sq.ft. Trader Joe’s supermarket at Acadian Village Shopping Center located near Perkins Road and Acadian Thruway in Baton Rouge, LA. The company currently operates more than 300 locations nationwide. Safeway, Inc. (925-467-3000) plans to open a Randalls supermarket, situated on 55 acres at the intersection of Lakeline Boulevard and Crystal Falls Parkway in Leander, TX. The store is slated to open during early 2016. Red Robin Gourmet Burgers, Inc.(303-8466000), under franchisee Sizzling Platter, LLC, plans to open 11 Red Robin locations throughout Denver, CO and eight locations in El Paso, TX during the coming years. Tempur-Pedic Management, Inc. (888-8115053) is planning to open a Tempur-Pedic store in Chicago, IL during May 2013. DM
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Food Retailers Expand Nationwide Open Sesame Mediterranean Grill operates three locations throughout CA. The Lebanese restaurants occupy spaces of 2,500 sq.ft. to 3,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout Los Angeles and Orange counties in CA during the coming 18 months, with representation by Ira Spilky & Associates. Typical leases run 10 or 15 years with three, five-year options. The company will only consider build-to-suits with tenant improvement allowances and will also consider conversions of existing spaces. A 500 sq.ft. to 1,500 sq.ft. outdoor patio is required. The company will also locate in upscale, suburban lifestyle, mixed-use or entertainment centers, as well as outlots of major malls. Preferred demographic include a population of 60,000 to 100,000 within one to three miles earning $55,000 as the median household income. For more information, contact Ira Spilky, Ira Spilky & Associates, 1281 Westwood Boulevard, Suite 208, Los Angeles, CA 90024; Email: ira@spilky.com; Web site: www.iraspikly.com. Big Boy International, LLC trades as Bob’s Big Boy at 123 locations throughout CA, IL, MI, ND and OH. The chain of family-style restaurants occupies spaces of 3,500 sq.ft. to 5,500 sq.ft. in inline spaces and endcaps of shopping centers, as well as freestanding locations. Growth opportunities are sought throughout AL, AZ, CA, FL, IL, LA, MD, MS, NC, NM, PA, SC, TX, VA, WI and WV during the coming 18 months. Preferred demographics include a population of 30,000 within five miles earning $35,000 as the average household income. The preferred average daily traffic count is 30,000 vehicles. For more information, contact Steve Facione, Big Boy International, LLC, 4199 Marcy Drive, Warren, MI 48091; 586755-8113, Fax 586-757-4737; Email: sfacione@bigboy.com; Web sites: www.bigboy.com or www.bigboyfranchiseopportunity.com. Smashburger operates 127 locations nationwide. The chain of burger restaurants occupies spaces of 1,800 sq.ft. to 2,400 sq.ft. in endcaps of shopping centers. Growth opportunities are sought throughout St. Louis, MO during the coming 18 months, with representation by Kaplan Real Estate Co., Inc. The company prefers spaces with outdoor seating. For more information, contact David Wright, Kaplan Real Estate Co., Inc., 1000 Macklind Avenue, St. Louis, MO 63110; 314-652-7000, Fax 314-652-2228; Email: david@kaplanre.com; Web site: www.kaplanrealestate.com. page 12
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Sakura Garden operates 15 locations throughout CT and Westchester, NY. The chain of Japanese-inspired restaurants occupies spaces of 4,000 sq.ft. to 10,000 sq.ft. in malls, power and strip centers. Growth opportunities are sought throughout CT, MA, Westchester NY and RI during the coming 18 months, with representation by Oxford Real Estate Services Group. Typical leases run 10 years. A vanilla shell and specific improvements are required. Preferred cotenants include supermarkets, apparel and big-box retailers. Preferred demographics include a population of 30,000 within three miles earning $55,000 as the average household income. For more information, contact Michael Berke, Oxford Real Estate Services Group, 388 East Main Street, Branford, CT 06405; 203-483-2900, Fax 203-483-2999; Email: oxfordregroup@gmail.com.; Web site: www.sakuragardenus.com. Pizza Patron Restaurants operates 120 locations throughout AZ, CA, CO, FL, GA, NV and TX. The pizzerias occupy spaces of 800 sq.ft. to 1,600 sq.ft. in inline spaces and endcaps with a drive-thru in community shopping centers, as well as freestanding locations. Plans call for 30 to 35 openings throughout the existing markets during the coming 18 months, with representation by RTS Real Estate Services, LLC. Preferred demographics include a population of 60,000 within three miles earning $55,000 as the median household income. Expansion is franchise driven. Preferred anchor tenants include supermarkets. For more information, contact Marsha Schneider, RTS Real Estate Services, LLC, 6370 LBJ Freeway, Suite 170, Dallas, TX 75240; 972-698-7900, Fax 972-6619048; Email: marsha@rtsrealestate.com; Web sites: www.pizzapatron.com or www.rtsrealestate.com. Hale & Hearty operates 27 locations throughout NY. The chain of restaurants, serving soups, salads and sandwiches, occupies spaces of 1,100 sq.ft. to 1,800 sq.ft. in downtown areas. Growth opportunities are sought throughout Manhattan, NY during the coming 18 months, with representation by New Street Realty Advisors. No cooking or ventilation is required. The company prefers sites with basements. For more information, contact Joshua Gettler, New Street Realty Advisors, 419 Park Avenue South, Suite 809, New York, NY 10016; 212-251-0627; Email: jgettler@newstreetra.com; Web site: www.newstreetra.com. For additional information, contact Matthew Gorman; 212251-0626; Email: mgorman@newstreetra.com. Dealmakers
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Bertucci’s Restaurant operates 100 locations throughout the northeast region of the U.S. The chain of restaurants, serving Italian food and pizza, occupies spaces of 3,500 sq.ft. in endcaps and inline spaces of shopping centers. Plans call for seven openings throughout CT, MA, NH, NJ and PA during the coming 18 months, with representation by Restaurant Sites. 99 Restaurants operates over 115 locations throughout CT, DE, MA, ME, NH, NJ, NY, PA, RI and VT. The casual dining restaurants occupy spaces of 6,500 sq.ft. in endcaps or freestanding locations. Plans call for six openings throughout New England and NY during the coming 18 months, with representation by Restaurant Sites. Jose Tejas and Border Café operate seven locations throughout DE, MA and NJ. The Mexican-style restaurants occupy spaces of 7,000 sq.ft. in freestanding locations. Growth opportunities call for one opening in CT, MA, NJ or PA during the coming 18 months, with representation by Restaurant Sites. For more information, contact Richard Gallivan, Restaurant Sites, 28 Somers Road, Hampden, MA 01036; 413566-0216, Fax 413-566-2227; Email: richardgallivan@restaurantsites.com. Sonic Drive-In operates more than 3,500 locations nationwide. The fast food restaurants occupy freestanding buildings on land areas of 0.6 acres to one acre. Plans call for two openings in central VA during the coming 18 months, with representation by Colliers International. Preferred average traffic counts are 15,000 vehicles. Preferred demographics include a trade-area population of 25,000. Expansion is franchise driven. The company will consider leasing endcaps in high-density areas. Little Caesars operates 20 locations throughout central VA. The pizzerias occupy spaces of 1,500 sq.ft. to 1,700 sq.ft. in endcaps of shopping centers and freestanding locations. Plans call for two openings throughout the central VA during the coming 12 months, with representation by Colliers International. The company prefers sites with drive-thrus. Preferred demographics include a population of 25,000 within three miles. For more information, contact Susan Jones, Colliers International, 6606 West Broad Street, Suite 400, Richmond, VA 23230; 804-788-1000, Fax 804-782-1145; Email: D susan.jones@colliers.com. M
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Lease Signings
Sources of Financing T&K Consulting arranged $2.75 million in financing for retail space in Montclair, NJ. The 10-year loan features a 4.5% interest rate and 75% LTV ratio. For more information, contact Jason Chornay, T&K Consulting, 146 Spencer Street, Suite 6012, Brooklyn, NY 11205; 718-557-7799, Fax 718-557-7798; Web site: www.tnkconsulting.com. CBRE Capital Markets negotiated $5.6 million in financing on behalf of IMA-Park Place LLC, for Park Place Heathrow, a 36,044 sq.ft. neighborhood center located along International Parkway in Lake Mary, FL. The 10-year loan features a 30-year amortization and 80% loan to purchase ratio. For more information, contact Christopher Apone, CBRE Capital Markets, 101 East Kennedy Boulevard, Suite 1500, Tampa, FL 33602; Web site: www.cbre.com. DM
Real Estate Professionals Making the News Federal Realty Investment Trust (301-9988100) hired Harold Nafash as senior director of acquisitions for the northeast region. Nafash will operate out of the company’s Hackensack, NJ office and will source and underwrite retail acquisitions in the firm’s core markets within the northeast region, including Boston, MA; Philadelphia, PA and the metropolitan New York, NY area. Prior to joining the company, Nafash served as director of real estate for Lowes Corp. The company specializes in operating and redeveloping real estate. The Sembler Co. (727-384-6000) hired Charlie Heard as vice president of development and southeast market leader for the company’s Atlanta, GA office. In his new role, Heard will oversee shopping center development opportunities throughout GA, NC, SC, TN and VA. The company specializes in development and redevelopment, property and asset management, leasing and other related services. Mid-America Real Estate-Wisconsin (414273-4600) promoted Tony Colvin and Adam Dreier from vice presidents to principals. In their new roles, Colvin and Dreier will be responsible for tenant representation of national and regional retailers throughout WI. The company specializes in tenant representation, asset management, investment D sales and development advisory services. M
Retail Solutions (512-474-5557) negotiated the following leases throughout TX: with Habesha Restaurant & Bar for 3,000 sq.ft. at Interstate Plaza, located along Interstate 35 North in Austin, with the company representing the landlord and KW Commercial representing the tenant in the transaction; with Goodwill Industries at Cypress Bend Shopping Center, located along Cypress Creek Road in Cedar Park, with the company representing the landlord and SRS Real Estate representing the tenant in the transaction; with GymX for 13,050 sq.ft. along South Fort Hood Street in Killeen, with the company representing the landlord in the transaction; with The MedSpa for 2,487 sq.ft. at The Depot Center, located along East Whitestone Boulevard in Cedar Park, with the company representing the landlord in the transaction; with El Mague Restaurant for 2,664 sq.ft. at Plaza at Grand Avenue, located along Grand Avenue Parkway in Pflugerville, with the company representing the landlord in the transaction; with Total Athlete for 18,000 sq.ft. along West Howard Lane in Austin, with the company representing the tenant and Office Solutions representing the landlord in the transaction and with Einstein’s for 1,800 sq.ft. at Cannon Crossing, located along South Mopac Boulevard in Austin, with the company representing the landlord and The Retail Strategy Real Estate Group representing the tenant in the transaction. Brixmor Property Group (212-869-3000) negotiated a lease with Cosmo Prof for 2,329 sq.ft. at Perkins Farm Marketplace in Worcester, MA. The company also negotiated leases with Strut Resale Boutique for 2,995 sq.ft. and with Gigi’s Cupcakes for 1,083 sq.ft. at Florence Square in Florence, KY. Everest RE represented Strut Resale Boutique and Anchor Associates represented Gigi’s Cupcakes. The company also negotiated a lease with Harbor Freight Tools for 20,196 sq.ft. at The Commons of Crystal Lake in Crystal Lake, IL. CR&M Commercial Real Estate represented the tenant in the transaction. Douglas Realty Advisors (317-833-4333) negotiated a lease with Hobby Lobby for 50,585 sq.ft. at Noble Creek Shops, located along Noble Creek Drive in Noblesville, IN. The company represented the landlord, Douglas Realty Group, with Sitehawk Retail Real Estate and DE Johnson & Associates representing the tenant in the transaction. KeyPoint Partners (781-273-5555) negotiated a lease with Sun & Ski Sports for 14,393 sq.ft. along Washington Street in Woburn, MA. www.dealmakers.net
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Kite Realty (317-577-5600) negotiated two leases at Delray Marketplace, located at the intersection of Lyons Road and West Atlantic Avenue in Delray Beach, FL: with Verizon Wireless for 2,120 sq.ft. and with Yankee Candle for 1,397 sq.ft. The company represented the landlord, KRG Atlantic Delray Beach, LLC, and Strategic Realty Advisors represented the tenants in both transactions. The company also negotiated a lease with Title Boxing Club for 5,498 sq.ft. at Glendale Town Center, located along North Keystone Avenue in Indianapolis, IN. The company represented the landlord, Glendale Centre, LLC, and Catalyst Commercial Group represented the tenant in the transaction. The company also negotiated a lease with Great Clips for 1,638 sq.ft. at Beacon Hill, located at the intersection of East 109th Street and State Route 53 in Crown Point, IN. The company represented the landlord, KRG/I-65 Partners Beacon Hill, LLC, and Baum Realty represented the tenant in the transaction. The company also negotiated a lease with Koko Fit Club for 1,781 sq.ft. at Geist Pavilion, located along Geist Pavilion Drive in Fishers, IN. The company represented the landlord, 116th & Olio, LLC, and Colliers International represented the tenant in the transaction. Coreland Cos. (714-573-7780) negotiated the following leases at Carwood Center, a 107,000 sq.ft. shopping center located at the intersection of Woodruff Avenue and Carson Street in Lakewood, CA: a five-year lease with Bellflower Beauty College for 5,031 sq.ft.; a five-year lease with PCS Express for 1,600 sq.ft.; a five-year lease with Chronic Tacos for 1,300 sq.ft. and a three-year lease with The Great Room for 1,170 sq.ft. Colliers International (206-695-4200) negotiated a lease with Dollar General for 7,500 sq.ft. and with Saltire Games for 2,694 sq.ft. at Oaklandon Plaza, located along Pendleton Pike in Indianapolis, IN. The company represented both the tenant and the landlord, Oaklandon Plaza Investment Management, LLC, in the transactions. Charter Realty & Development Corp. (203227-2922) negotiated a lease with Verizon Wireless for 2,350 sq.ft. at Dress Barn Plaza, D located along Route 7 in Norwalk, CT. M
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Exclusives and Leasing Assignments Atlantic Retail Properties (561-427-6699) is representing the following retailers with their expansion plans throughout FL: BJ’s Wholesale Club in spaces of 85,000 sq.ft. to 119,000 sq.ft.; Burlington Coat Factory in spaces of 60,000 sq.ft. to 90,000 sq.ft.; Nordstrom Rack in spaces of 30,000 sq.ft. to 35,000 sq.ft.; Barnes & Noble using spaces of 27,000 sq.ft. to 35,000 sq.ft.; hh gregg utilizing spaces of 25,000 sq.ft. to 30,000 sq.ft. and Bike America in spaces of 5,000 sq.ft. to 7,000 sq.ft. throughout southern FL: Jo-Ann Fabrics in spaces of 15,000 sq.ft. to 30,000 sq.ft.; Planet Fitness using spaces of 15,000 sq.ft. throughout
Dade and Miami counties; Rocky’s Ace Hardware in spaces of 14,000 sq.ft. throughout Indian River County to Broward County; Ethan Allen using spaces of 8,000 sq.ft. to 10,000 sq.ft. and Cash America in spaces of 7,000 sq.ft. to 14,000 sq.ft., excluding Orlando and Miami-Dade County. The company is also representing Petco utilizing spaces of 12,500 sq.ft. throughout FL and along the gulf coasts of AL and MS. L3 Corp. (314-469-7400) is representing Anna’s Linens with its expansion plans throughout St. Louis, MO.
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The Dartmouth Co. (518-785-8200) is representing the following retailers with their expansion plans: Target in spaces of 130,000 sq.ft., Sears in spaces of 30,000 sq.ft. to 40,000 sq.ft., Granite City using spaces of 9,200 sq.ft., BJ’s Wholesale Club utilizing spaces of 108,000 sq.ft. to 116,000 sq.ft., PetSmart in spaces of 18,000 sq.ft. to 20,000 sq.ft, Mavis Discount Tire on land areas of one to 1.5 acres, The Fresh Market in spaces of 20,000 sq.ft. to 25,000 sq.ft., Chipotle in spaces of 2,200 sq.ft. to 2,400 sq.ft. and OSI Restaurants in spaces of 7,500 sq.ft. throughout upstate NY and Dave & Busters using spaces of 25,000 sq.ft. and 40,000 sq.ft. throughout New England and upstate NY; Barnes & Noble in spaces of 20,000 sq.ft. to 30,000 throughout New England; QuickChek on land areas of 1.5 to three acres and Michaels utilizing spaces of 13,500 sq.ft. to 21,500 sq.ft. throughout NJ; Maggiano’s Little Italy using spaces of 10,000 sq.ft. to 15,000 sq.ft. throughout NJ and Westchester, NY; Rainbow in spaces of 6,000 sq.ft. to 15,000 sq.ft. throughout CT, NJ and NY; Chili’s in spaces of 5,000 sq.ft., BBQ Chicken using spaces of 3,000 sq.ft., Habit Burger utilizing spaces of 2,200 sq.ft. to 3,000 sq.ft., Panda Express in spaces of 1,800 sq.ft. to 2,200 sq.ft., Pearle Vision using spaces of 2,000 sq.ft. to 2,400 sq.ft. and LensCrafters in spaces of 3,500 sq.ft. throughout northern NJ. Michael Salove Co. (215-568-2600) is representing Elements with its expansion plans throughout central NJ and southeastern PA. The company prefers to occupy spaces of 1,800 sq.ft. to 2,400 sq.ft. in grocery anchored community or lifestyle centers. Preferred demographics include a population of 70,000 within three miles. Mallon & Associates, Inc. (630-510-3225) is representing H-Mart with its expansion plans throughout Chicago, Schaumburg and Vernon Hills, IL. The specialty Asian supermarket occupies spaces of 45,000 sq.ft. to 60,000 sq.ft. Preferred demographics include a population of 50,000 within three miles. The company prefers to occupy D second-generation grocery stores. M
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Lead Sheet Ashland, Inc. dba Valvoline Instant Oil Change Greg Armbruster 3499 Blazer Parkway Lexington, KY 40509 859-357-2319 Email: gjarmbruster@ashland.com
Automotive The 860-unit chain operates locations nationwide. The automotive service centers occupy spaces of 1,900 sq.ft. to 2,500 sq.ft. on a half-acre parcel for freestanding locations and pad sites of mixed-use and power centers. Growth opportunities are sought throughout the existing market during the coming 18 months.
Discount Tire Co. dba Discount Tire Co. and America’s Tire Co. James Silhasek 20225 North Scottsdale Road Scottsdale, AZ 85255 480-606-5828, 480-606-4361 Web site: www.discounttire.com
Automotive The 800-unit chain operates locations throughout 23 states in the midstates, southern and western regions of the U.S. The automotive service centers occupy spaces of 7,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. The company prefers to build sites on land areas of one acre.
Moran Family of Brands dba Mr. Transmission, Milex, Alta Mere, Smartview, Dr. Nick’s and Multistate Jack Yost 4444 West 147th Street Midlothian, IL 60445 888-559-2263, Fax 708-844-0244 Email: jyost@moranindustries.com Web site: www.moranindustries.com
Automotive The 133-unit chain operates locations nationwide. The automotive service centers occupy spaces of 2,500 sq.ft. to 5,000 sq.ft. in freestanding locations and strip malls. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run five years with three, five-year options. Major competitors include Aamco and Meineke.
The Norman Group, Inc. dba Norman’s Hallmark Howard Henschel 126 Terry Drive Newtown, PA 18940 215-579-2600 Ext. 103, Fax 215-579-2899 Email: hhenschel@normansgifts.com
Cards The 40-unit chain operates locations throughout NJ and PA. The card and gift shops occupy spaces of 3,000 sq.ft. to 7,500 sq.ft. in malls, power and strip centers. Plans call for three to five openings throughout the existing markets during the coming 18 months. Typical leases run five years with five-year options. Specific improvements are required. Preferred cotenants include grocery stores and Macy’s.
E-Z Stop Food Marts, Inc. dba E-Z Stop Tommy Hunt PO Box 6618 Maryville, TN 37802 865-977-7070, Fax 865-982-3271 Email: tommy@ezstop.net
Convenience The 23-unit chain operates locations throughout TN. The convenience stores, with gasoline facilities, occupy spaces of 2,500 sq.ft. to 6,000 sq.ft. in freestanding locations. Plans call for one to two openings throughout the existing market during the coming 18 months. Preferred cotenants include quick-service restaurants. Preferred demographics include a population of 10,000 within three miles earning $25,000 as the average household income. Major competitors include Pilot and RaceTrac. A land area of one acre is required.
Martin & Bayle, Inc. dba Huck’s Convenience Stores Jim Whetstone PO Box 385 / 1311A West Main Street Carmi, IL 62821 618-382-2334, Fax 618-382-8956
Convenience The 108-unit chain operates locations throughout IL, IN, KY, MO and TN. The convenience stores, with gasoline facilities, occupy spaces of 4,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. A land area of 1.25 acres is required. The company prefers to acquire sites.
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Lead Sheet Sheetz, Inc. dba Sheetz Convenience Store Steve Augustine, Mike LaCesa or Dave Hazelet 5700 6th Avenue Altoona, PA 16602 814-941-5110, Fax 814-947-5379 Emails: saugustine@sheetz.com, mlacesa@sheetz.com and dhazelet@sheetz.com Web site: www.sheetz.com
Convenience The 429-unit chain operates locations throughout MD, NC, OH, PA, VA and WV. The convenience stores, with gasoline facilities, occupy spaces of 5,000 sq.ft. to 7,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 30 to 50 years. A land area of 1.5 to three acres is required.
B & B Department Stores North Jeff Davidson 1975 Swarthmore Avenue Lakewood, NJ 08701 732-901-1562, Fax 732-901-8710
Department Store The three-unit chain operates locations along the shoreline of NJ. The stores, offering family apparel, accessories and footwear, occupy spaces of 7,000 sq.ft. to 13,000 sq.ft. in freestanding locations and downtown areas. Growth opportunities are sought throughout Monmouth and Ocean counties in NJ during the coming 18 months. Typical leases run two to five years. The company prefers to locate within beach communities.
Stein Mart David Darr c/o The Place Commercial Real Estate 12050 Vance Jackson, Suite 102 San Antonio, TX 78230 210-525-0131, Fax 210-366-0571
Department Store The 264-unit chain operates locations throughout AL, AR, AZ, CA, CO, FL, GA, IL, KS, KY, LA, MA, MI, MO, MS, NC, NJ, NV, NY, OH, OK, PA, SC, TN, TX, UT, VA and WI. The department stores occupy spaces of 30,000 sq.ft. to 32,000 sq.ft. in power, specialty and strip centers. Growth opportunities are sought throughout AR, KS, LA, OK and TX during the coming 18 months, with representation by The Place Commercial Real Estate. Preferred demographics include a population of 150,000 within five miles.
Ann & Hope, Inc. dba Ann & Hope Outlet Shops, Curtain & Bath Outlet and Garden Outlet Michael Chase 1 Ann & Hope Way Cumberland, RI 02864 Email: mchase@annhope.com Web site: www.curtainandbathoutlet.com
Discount The 11-unit chain operates locations throughout CT, MA and RI. The stores, offering window treatments, bathroom and bedding items, as well as outdoor and seasonal products, occupy spaces of 7,500 sq.ft. to 25,000 sq.ft. in power, strip and value centers. Growth opportunities are sought throughout CT, MA, southern NH and RI during the coming 18 months. Typical leases run five years with options. A vanilla shell is required.
Marc Glassman, Inc. dba Marc’s and Xpect Discounts Ken Sustin 5841 West 130th Street Parma, OH 44130 216-265-7700, Fax 216-265-7733 Web site: www.marcs.com
Drug The 50-unit chain operates locations throughout CT and OH. The stores, offering health and beauty aids, food items and general merchandise, occupy spaces of 45,000 sq.ft. in strip centers. Growth opportunities are sought throughout OH during the coming 18 months. Typical leases run 10 years with options.
Malco Theaters, Inc. dba Malco Theaters Michael Lightman c/o Michael Lightman Realty Co. 5100 Poplar Avenue, Suite 2602 Memphis, TN 38137 901-767-5240, Fax 901-767-5241 Email: michael@lightmanrealty.com
Entertainment The 34-unit chain operates locations throughout AR, KY, MO, MS and TN. The movie theaters occupy spaces of 22,000 sq.ft. to 55,000 sq.ft. in freestanding locations and regional malls. Growth opportunities are sought throughout the existing markets during the coming 18 months. Preferred demographics include a population of 50,000 within five miles.
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Lead Sheet Group Nine Associates dba New Balance Gary Hauss 6700 Fallbrook Avenue, Suite 150 West Hills, CA 91307 818-431-2501, Fax 818-884-7967
Footwear The company operates 200 locations nationwide and internationally. The stores, offering footwear, apparel and related accessories, occupy spaces of 2,000 sq.ft. to 2,500 sq.ft. in lifestyle centers and street fronts. Growth opportunities are sought throughout select markets in southern CA during the coming 18 months.
PetSmart Tom Londres c/o Metro Commercial Real Estate, Inc. 303 Fellowship Road, Suite 202 Mount Laurel, NJ 08054 856-866-1900, Fax 856-866-1611 Email: tlondres@metrocommercial.com Web site: www.metrocommercial.com
Pet Supplies The 1,249-unit chain operates locations nationwide and in Canada and Puerto Rico. The pet supply stores occupy spaces of 12,000 sq.ft. to 20,000 sq.ft. in freestanding locations and power centers. Growth opportunities are sought throughout CT, DE, MA, MD, ME, NJ, NJ, NY, PA, RI, VA, VT and WV during the coming 18 months, with representation by Metro Commercial Real Estate, Inc.
Tietgens Enterprises dba Super Wash Ed Tietgens 707 Brass Lantern Place Brentwood, TN 37027 615-373-0769, Fax 615-373-7325
Service The two-unit chain operates locations throughout central TN. The car wash facilities occupy spaces of 3,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing market during the coming 18 months. The company prefers to locate in rural areas with high traffic counts.
Weight Watchers International dba Weight Watchers Tricia Shay 11 Madison Avenue New York, NY 10010 212-589-2812 Web site: www.weightwatchers.com
Service The 610-unit chain operates locations nationwide. The weight loss centers occupy spaces of 1,600 sq.ft. in lifestyle, power and strip centers. Limited growth opportunities are sought throughout the existing market during the coming 18 months. Preferred cotenants include grocery stores.
Health Shoes Plus, Inc. dba Happy Feet Plus and Birkenstock Jacob Wurtz 465 Clearwater Largo Road North Largo, FL 33770 727-538-1111, Fax 727-518-9769 Email: jacob@happyfeet.com Web site: www.happyfeet.com
Shoes The nine-unit chain operates locations throughout Ellenton, Ft. Meyers, Sarasota and Tampa Bay, FL. The stores, offering footwear for men and women, occupy spaces of 1,500 sq.ft. to 2,000 sq.ft. in lifestyle, outlet and power centers. Growth opportunities are sought throughout Naples, Orlando and New Tampa, FL during the coming 18 months. Typical leases run five years with a five-year option. A vanilla shell is required.
Tradehome Shoe Stores, Inc. dba Tradehome Shoes Jay Welter 8300 97th Street South Cottage Grove, MN 55016 651-459-8600 Ext. 105, Fax 651-459-8611
Shoes The 108-unit chain operates locations throughout AR, CO, IA, ID, IL, IN, KS, KY, MI, MN, MO, MT, ND, NE, OH, OK, SD, UT, WI and WY. The stores, offering family footwear, occupy spaces of 1,600 sq.ft. to 2,200 sq.ft. in malls. Growth opportunities are sought throughout the existing markets during the coming 18 months.
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Lead Sheet Buybuy BABY 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 75-unit chain operates locations throughout AL, AZ, CA, DE, FL, GA, IA, IL, IN, KS, KY, MA, MD, MI, MN, MO, NC, NH, NJ, NY, OH, OK, PA, SC, TX, UT, VA and WI. The stores, offering baby furniture, toys, apparel, strollers and related items, occupy spaces of 30,000 sq.ft. to 35,000 sq.ft. in power centers. Growth opportunities are sought throughout DE, MD, northern VA and Washington, DC during the coming 18 months, with representation by Sax Realty, Inc.
CosmoProf Greg Batista c/o Sabre Real Estate Group, LLC 500 Old Country Road, Suite 209 Garden City, NY 11530 516-874-8070 Ext. 515, Fax 516-351-5604 Email: greg@sabreny.com
Specialty The 1,000-unit chain operates locations nationwide and in Canada. The stores, offering products and furniture for salon professionals, occupy spaces of 2,000 sq.ft. to 4,000 sq.ft. in strip centers. Growth opportunities are sought throughout West Chester and Long Island and the surrounding boroughs in NY during the coming 18 months, with representation by Sabre Real Estate Group, LLC.
Family Christian Stores Marty Diamond c/o Thur & Associates 8260 Greensboro Drive, Suite 270 McLean, VA 22012 703-879-4965 Web site: www.thurassociates.com
Specialty The 300-unit chain operates locations nationwide throughout 38 states. The stores, offering Christian products, church supplies and related products, occupy spaces of 4,000 sq.ft. to 6,000 sq.ft. in lifestyle and power centers. Growth opportunities are sought throughout MD, VA and Washington, DC during the coming 18 months, with representation by Thur & Associates. The company prefers to locate in highly visible locations.
Christy Sports LLC dba Christy Sports Keith Liefer 875 Parfet Street Lakewood, CO 80215 303-237-6321 Web site: www.christysports.com
Sporting Goods The 43-unit chain operates locations throughout CO and UT. The sporting goods stores occupy spaces of 4,500 sq.ft. to 10,000 sq.ft. in strip centers and resort communities. Growth opportunities are sought throughout the existing markets during the coming 18 months.
Invite Health Jeff Winick or Louis Eisinger c/o Winick Realty Group 655 3rd Avenue New York, NY 10017 212-792-2652, Fax 212-792-2660 Emails: jeff@winick.com and leisinger@winick.com Web site: www.winick.com
Vitamins The 10-unit chain operates locations throughout NJ and NY. The stores, offering vitamins and related supplements, occupy spaces of 600 sq.ft. to 1,200 sq.ft. in freestanding locations, entertainment, outlet, power, specialty, strip and value centers, as well as downtown areas. Growth opportunities are sought throughout NJ and Long Island, Westchester and New York, NY during the coming 18 months, with representation by Winick Realty Group. Typical leases run 10 years. A vanilla shell and specific improvements are required.
The preceding leads have been verified by calls made to or written submittals from the respective retailers during the weeks prior to publication. Since the majority of chains featured in Lead Sheet are small in size, some changes in their expansion plans should be expected. To be included in an upcoming issue, just fax a note or call us with the details. Our fax number is (609-587-3511) and you can reach us by phone at (609-587-6200) or email at ann@dealmakers.net. page 18
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Apparel Chains Expand Nationwide (continued from page one)
Marty’s, City Gear and The Vault operate 91 locations throughout AL, AR, FL, GA, KY, LA, MO, MS and TN. Marty’s occupies spaces of 3,500 sq.ft. to 4,500 sq.ft. and offers men’s apparel. City Gear occupies spaces of 3,500 sq.ft. to 4,500 sq.ft. in malls and offers young men’s and women’s apparel. The Vault occupies spaces of 2,000 sq.ft. to 3,000 sq.ft. in various retail settings and offers young men’s apparel and footwear. Expansion is for the City Gear and The Vault concepts only, with City Gear planning 12 to 15 openings annually and The Vault planning to open three to four stores annually throughout the existing markets, in addition to OH, OK and TX, with representation by Results Realty, LLC. Typical leases run five years. The company will also consider locating in power and strip centers. For more information, contact Ron Devine, Results Realty, LLC, 5803 Lee Highway, Suite 103, Chattanooga, TN 37421; 423855-1555; Email: resultsrealtyre@comcast.net; Web site: www.citygear.com. Le Roy’s Shoes and Clothing, Inc. trades as Le Roy’s Board Shops at nine locations throughout CA. The stores, offering
snowboarding apparel and related items, occupy spaces of 4,000 sq.ft. to 10,000 sq.ft. in freestanding locations, strip centers and downtown areas. Growth opportunities are sought throughout southern CA during the coming 18 months. The company prefers to acquire sites. For more information, contact David Le Roy, Le Roy’s Shoes and Clothing, Inc., PO Box 2834, Big Bear Lake, CA 92315; 909-866-7573, Fax 909-866-1084; Email: bigwavedave49@yahoo.com; Web site: www.leroysboarshops.com. Factory Connection, LLC trades as Factory Connection at 271 locations throughout AL, AR, GA, KS, KY, LA, MO, MS, OK, TN, TX, VA and WV. The stores, offering men’s and women’s active apparel items, occupy spaces of 4,000 sq.ft. in strip and value centers, as well as urban/downtown areas. Growth opportunities are sought throughout AL, AR, KS, KY, LA, MO, MS, OK, TN, TX, western VA and WV during the coming 18 months. Typical leases run two to five years. A vanilla shell is required. Preferred demographics include a population of 12,000 within three miles earning $30,000 as the average household income.
For more information, contact Gaylan Hamilton, Factory Connection, LLC, 2300 Highway 79 South, Guntersville, AL 35976; 256-264-9400; Email: gaylan@factory-connection.com; Web site: www.factory-connection.com. Laura Canada, Inc. trades as Laura, Laura Plus, Laura Petites and Melanie Lyne at 175 locations throughout Canada. Laura offers women’s formal and evening wear, outerwear and accessories; Laura Plus offers women’s plus size apparel in sizes from 14 to 24, Laura Petites offering women’s apparel in sizes from two to 14 and Melanie Lyne offers women’s high end apparel and accessories. Laura, Laura Plus and Laura Petites prefer to occupy spaces of 9,000 sq.ft. to 10,000 sq.ft. in malls and 10,000 sq.ft. in power centers and Melanie Lyne prefers to occupy spaces of 3,500 sq.ft. to 4,000 sq.ft. in malls and power centers. Growth opportunities are sought throughout the existing market during the coming 18 months. For more information, contact Michael Covens, Laura Canada, Inc., 300 Lecorbusier Boulevard, Laval, Quebec, Canada H7L 3W2; 450-973-6090, Fax 450-973-6099; Web site: www.lauracanada.ca. DM
Buyers and Sellers (continued from page eight)
income. The asking price is $1.95 million. Also for sale is a 66,334 sq.ft. Gold’s Gym located at the intersection of Pennsylvania Avenue and Memorial Road in Oklahoma City, OK. Cotenants include Howard’s Sports Apparel, Push Pedal Pull, AT&T Mobility and Beyond Your Nutrition. Area demographics include a population of 148,553 within five miles earning $77,904 as the average household income. The asking price is $9.3 million. The company is also selling a 4.12-acre parcel located at the intersection of Canyon Road and 114th Avenue in Beaverton, OR. Area retailers include Kohls, Home Depot, Target, Fred Meyer, T.J. Maxx, Marshalls, Petco, Trader Joes and Bed Bath & Beyond. Area demographics include a population of 332,009 within five miles earning $90,350 as the average household income. The asking price is $3.99 million. For more information regarding the site in Phoenix, contact Mark Hawkins, Hawkins Cos., 855 Broad Street, Suite 300, Boise, ID, 83702-7154; 208-376-8522, Fax 208-3768523; Web site: www.hcollc.com or Joseph page 20
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Compagno, Faris Lee Investments, 602-7148068. For more information regarding the site in Redding, contact Mark Hawkins or Kevin Adatto, Capital Pacific, 503-675-7726. For more information regarding the sites in Victorville or Olive Branch, contact Shaun Greear, 208-908-5520. For more information regarding the site in Oklahoma City, contact Mark Hawkins, or Mark Ruble, Marcus & Millichap, 602-678-6766. For more information regarding the site in Beaverton, contact Bryan Vaughn, 208-908-5522 or Shuan Greear. Arcore Real Estate Group is selling a former White Castle at the intersection of River Road and Rand Road in Des Plaines, IL. The 2,020 sq.ft. restaurant features a drive-thru and is situated on a 38,338 sq.ft. parcel of land. The site has an average daily traffic count of 49,100 vehicles and a population of 130,169 within a three-mile radius. For more information contact, Mike Streit, Arcore Real Estate Group, 2803 Butterfield Road Suite 310, Oak Brook, Illinois 60523; 630-908-5702; Email: mstreit@arcoregrp.com; Web site: www.arcoregrp.com. Dealmakers
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Marcus & Millichap Real Estate Investment Services is selling a 5,585 sq.ft. Applebee’s located along State Road 70 in Bradenton, FL. CVS and Dairy Queen are adjacent to the property. The asking price is $3.98 million with a 7.15% Cap rate. For more information, contact Lior Regenstreif, Marcus & Millichap, 16830 Ventura Boulevard, Suite 100, Encino, CA 91436; 818-212-2730. Jones Lang LaSalle is selling Lyons Avenue Shopping Center, a 67,629 sq.ft. neighborhood shopping center located at the intersection of Lyons Avenue and Shotwell Street in Houston, TX. The center is 100% leased and cotenants include Fiesta Mart and Fallas Paredes. The asking price is $5.2 million with an NOI of $430,449 and a Cap rate of 8.25%. For more information, contact George Cushing or Wendy Vandeventer, Jones Lang LaSalle, 1400 Post Oak Boulevard, Suite 1100, Houston, TX 77010; 713425-5900, Fax 713-425-4029; Emails: george.cushing@am.jll.com and wendy.vandeventer@am.jll.com; Web site: www.joneslanglasalle.com. DM
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Chandler – Paseo Del Oro, a 95,959 sq.ft. center located along North Alma School Road, has spaces available starting at 720 sq.ft. Pure Fitness anchors the center. Area demographics include a population of 424,482 within five miles earning $63,217 as the median household income. Tempe – Peter Piper Plaza, a 76,704 sq.ft. center located at the intersection of Baseline Road and McClintock Drive, has spaces available starting at 825 sq.ft. Cotenants include Radio Shack, Peter Piper Pizza, ACE Hardware and Sherwin Williams. Area demographics include a population of 379,904 within five miles earning $56,346 as the median household income. The average daily traffic count is 37,496 vehicles. For more information, contact Michael A. Pollack, Michael A. Pollack Real Estate Investments, 1136 West Baseline Road, Mesa, AZ 85210; 480-888-0888, Fax: 480-8147741; Web site: www.pollackinvestments.com.
of 1,000 sq.ft. to 5,208 sq.ft. Cotenants include Taverna Grill, Teppan Fuji, Anytime Fitness, Pizza Furiosa, Wine Styles and Taco Los Altos. Area demographics include a population of 60,947 within five miles earning $63,943 as the average household income. The average daily traffic count is 17,720 vehicles. Phoenix – Desert Sky Esplanade, a center located at the intersection of 75th Avenue and McDowell Road, has spaces of 1,600 sq.ft. and 1,700 sq.ft. available, as well as an inline space of 8,656 sq.ft. Cotenants include Starbucks, T-Mobile, Subway, Wing Stop, UR Nail & Spa, AT&T, GameStop, Party City, Radio Shack, CiCi’s Pizza, Long John Silver’s, Whataburger, Taco Bell, Texas Roadhouse and Walmart. Area demographics include a population of 339,659 within five miles earning $44,152 as the median household income. Tucson – Southgate Shopping Center, a center located at the intersection of Interstate 10 Freeway and 6th Avenue, has spaces available of 710 sq.ft. to 6,000 sq.ft., as well as pad sites up to 4,000 sq.ft. Cotenants include La Curacao, Red Mountain Laundry, BBB Fashion, Melrose, El Super, On-Net Wireless, Don
Pedro’s Restaurant and Panda Express. Area demographics include a population of 249,871 within five miles earning $33,214 as the median household income. The average daily traffic count is 15,915 vehicles. For more information, contact Carol Harder, Red Mountain Retail Group, 4869 North 20th Street, Suite B30, Phoenix, AZ 85016; 602-977-9202, Fax: 602-977-2799; Email: charder@rmrginc.com; Web site: www.redmountainretailgroup.com.
Flagstaff – The Hilltop Shops at Woodland Village, a center located at the intersection of South Woodland Village Boulevard and McConnell Drive, has spaces available
California Folsom – Folsom Gateway, a 115,000 sq.ft. power center located along Iron Point Road, has spaces from 1,012 sq.ft. to 2,650 sq.ft. available. Bed Bath & Beyond, DSW and PetSmart anchor the center. Cotenants include Sam’s Club, Best Buy, Staples and REI. Area retailers include Paychex, Sam’s Club, Olive Garden, Verizon Wireless, Thai Dynamite, Chipotle and Subway. Area demographics include a population of 98,404 within five miles earning $88,393 as the average household income. The average daily traffic count is 49,870 vehicles. For more information, contact Jason Gallelli, Kevin Soares or Jeff Hagan, Voit Real Estate Services, 2237 Douglas Boulevard, Suite 100, Roseville, CA 95661; 916-7728648; Emails: jgallelli@gtvoitco.com, ksoares@gtvoitco.com and jhagan@gtvoitco.com; Web site: www.voitco.com. Chula Vista – A 1,200 sq.ft. space located along Broadway is available. Area demographics include a trade area population of over 532,156. The average daily traffic count is 29,600 vehicles. Hillcrest – A 1,440 sq.ft. space located along Fifth Avenue is available. Area demographics include a population of 26,000 within one mile. For more information regarding the space in Chula Vista, contact Dan Chiavario or Casey Young, Capital Real Estate Ventures, Inc., 815 J Street, Suite 202, San Diego, CA 92101; 619-398-8900, Fax: 619-3988940; Email: dchiavario@capital-rev.com and cyoung@capital-rev.com; Web site: www.capital-rev.com. For more information regarding the space in Hillcrest, contact Justin Earley or Zach Smith, Emails: jearley@capital-rev.com and zsmith@capital-rev.com. Moorpark – Moorpark Town Center, a shopping center located at the intersection of Moorpark Avenue and Park Lane, has a 5,000 sq.ft. space available. Cotenants include Ralph’s, CVS and Sherwin Williams.
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Preferred demographics include a population of 76,415 within five miles earning $119,865 as the average household income. For more information, contact Paul Capra or Ben Williams, Lee & Associates, 1000 Town Center Drive, Suite 310, Oxnard, CA 93036; 805-626-1264, Fax 805-6261217; Emails: pcapra@lee-re.com and bwilliams@lee-re.com.
has spaces available of 600 sq.ft. to 7,400 sq.ft. Cotenants include SunTrust, Subway, Balance Pilates & Yoga Centers, Manatee Family Eye Care, Wagner Realty, Manatees Sports Grill and 7-Eleven. Also – Cortez Plaza East, a 169,330 sq.ft. center located along West Cortez Road, has spaces of 1,600 sq.ft., 3,200 sq.ft., 3,500 sq.ft. and 8,059 sq.ft. available. Cotenants include Ross Dress for Less, Bed Bath & Beyond, Michael’s and Party City. Clearwater – Clearwater Town Square, a 14,880 sq.ft. center located at the intersection of Fort Harrison Avenue and Turner Road, has two spaces of 1,200 sq.ft. available, as well as a 2,560 sq.ft. restaurant. Englewood – Merchants Crossing, a 213,739 sq.ft. center located along Placida Road, has spaces of 1,400 sq.ft., 4,055 sq.ft. and 11,255 sq.ft. available, as well as two spaces of 1,600 sq.ft. Publix, Beall’s and Office Depot anchor the center and cotenants include H&R Block, Quest Diagnostics, Hallmark, GNC, Bank of America, Fifth Third Bank and Checkers. Lakeland – The Groves, a center located along US Highway 98 North, has spaces of 31,588 sq.ft. and 43,994 sq.ft. available. Area retailers include Lowe’s Home Improvement. Area draws include Lakeland Square Mall. Lakewood Ranch – Shoppes At Summerfield, a 12,569 sq.ft. center located at the intersection of Ranch Boulevard and SR 70, has a space of 1,400 sq.ft. available. North Port – Shoppes At Heron Creek, a 15,600 sq.ft. center located at the intersection of Sumter Boulevard and Price Boulevard, has spaces of 1,200 sq.ft. to 4,800 sq.ft. available. Oldsmar – North Tampa Shores, a 31,000 sq.ft. center located along North Tampa Road, has spaces of 1,209 sq.ft. and 1,252 sq.ft. available. Cotenants include FedEx, AT&T Wireless, Flamestone Grill and Moe’s Southwest Grill. Port Charlotte – Peachland Promenade, an 82,082 sq.ft. center located along Peachland Boulevard, has spaces of 1,080 sq.ft. to 48,890 sq.ft. available. Publix anchors the center and cotenants include Subway, H&R Block, UPS Store, Bon Worth, Hallmark and First Choice Haircutters. Sarasota – Sarasota Pavilion, a 346,951 sq.ft. center located along South Tamiami Trail, has spaces of 1,213 sq.ft. to 25,000 sq.ft. available. Publix anchors the center and cotenants include Bed Bath & Beyond, Marshall’s and Stein Mart. St. Petersburg – Gateway Market Center, a 169,330 sq.ft. center located along 9th Street North, has spaces of 2,000 sq.ft. and 5,000 sq.ft. available. Publix anchors the center and cotenants include Super Target, Beall’s, T.J. Maxx, PetSmart and Office Depot. Tampa – Brandon Crossings, a 294,247 sq.ft. center
located at the intersection of East Adamo Drive and Falkenburg Road, has a space of 294,247 sq.ft. available. Cotenants include Office Depot, Floor & Décor, Old Time Pottery and Macy’s Furniture. For more information, contact Franklin Street Real Estate Services, 500 North Westshore Boulevard, Suite 750, Tampa, FL 33609; 813-839-7300; Web site: www.fsfp.com.
Riverside – Canyon Crossings, a 530,000 sq.ft. power center, located at the intersection of 60 Freeway and Interstate 215, is available. Super Walmart anchors the center and cotenants include Toys ‘R’ Us, Babies ‘R’ Us, LA Fitness, Staples, Party City and Howards. Area retailers include Target, Bed Bath & Beyond, Marshall’s, Old Navy, Costco, Winco, Best Buy and Lowe’s. Area demographics include a population of 239,141 within five miles earning $74,135 as the average household income. The average daily traffic count is 250,000 vehicles. For more information, contact Terry Bortnick, Thomas Tway or Daniel Firtel, Argent Retail Advisors; 888-301-1888 Ext 2/3/4; Emails: tbortnick@argentretailadvisors. com, dfirtel@argentretailadvisors.com and ttway@argentretailadvisors.com; Web site: www.argentretailadvisors.com. Victorville –A 31,445 sq.ft. divisible space located along Palmdale Road is available. Preferred demographics include a population of 113,419 within five miles earning $58,852 as the average household income. The average daily traffic count is 40,000 vehicles. For more information, contact Sam Kangavari or Lauren Ayeroff, Rosano Partners, 700 South Flower Street, Suite 2920, Los Angeles, CA 90017; 213-802-0300, Fax 213-4891918; Emails: skangavari@rosanopartners.com and layeroff@rosanopartners.com; Web site: www.rosanopartners.com.
Florida Apollo Beach – Mirabay Village, a 93,985 sq.ft. center located at the intersection of US Highway 41 and Leisey Road, has spaces of 1,200 sq. ft. and 9,500 sq.ft. available. Sweetbay Supermarket anchors the center. Brandon – Brandon Crossroads, a 30,682 sq.ft. center located along Badlands Drive, has spaces of 2,200 sq.ft., 2,940 sq.ft. and 3,200 sq.ft. available. Cotenants include Rolling Pin Kitchen Emporium, Cork & Olive and Massage Envy. Bradenton – Manatee West Shopping Center, a 47,689 sq.ft. center located along West Manatee Avenue,
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Pensacola – Bellview Plaza, an 83,000 sq.ft. shopping center located along Mobile Highway, has spaces available. Publix and Planet Fitness anchor the center and cotenants include Fancy Nails, Vick’s Cleaners, Firehouse Subs, Advance America, Goodwill and Cuts By Us. Area demographics include a population of 122,967 within five miles earning $38,995 as the average household income. The average daily traffic count is 32,000 vehicles. For more information, contact Charlie Sutherland, The Shopping Center Group, 101 Lottie Lane, Suite 1, Fairhope, AL 36532; 251-929-3790; Email: charlies@theshoppingcentergroup.com; Web site: www.theshoppingcentergroup.com.
Idaho Pocatello – Pocatello Square, a 139,000 sq.ft. power center located at the intersection of Hurley Drive and Quinn Road, has a 7,040 sq.ft. space available. Cotenants include Dick’s Sporting Goods, Ross Dress for Less, Staples, Bed Bath & Beyond and JoAnn Fabrics and Crafts. Area demographics include a population of 79,427 within ten miles earning $55,142 as the average household income. For more information, contact Brent Wilson, Pentad Properties, 655 East 400 South, Suite 201, Salt Lake City, UT 84102; 208-8811108; Email: brent@pentadproperties.com; Web site: www.pentadproperties.com.
Illinois
Oswego – Prairie Market East, a 113,000 sq.ft. power center located at the intersection of Route 34 and 5th Street, has spaces from 1,200 sq.ft. to 7,000 sq.ft. available. Cotenants include Aldi, Burger King, Chase Bank, Chesterbrook Academy, Citibank, Famous Dave’s, Fifth Third Bank, Firestone, Great Western Flooring, Olive Garden, Panda Express, PetSmart, TGI Friday’s and White Castle. Area demographics include a population of 231,736 within five miles earning $77,372 as the average (continued on page twenty-four) November 9, 2012
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household income. The average daily traffic count is 25,200 vehicles. For more information, contact Steve Frishman or Brian Adams, Mid-America Real Estate Group, One Parkview Plaza, 9th Floor, Oakbrook Terrace, IL 60181; 630-954-7300; Emails: sfrishman@midamericagrp.com and badams@midamericagrp.com; Web site: www.midamericagrp.com. Evanston – A ground lease is available at the intersection of Crawford Avenue and Gross Point Road. The average daily traffic count is 35,000 vehicles. Palatine – Palatine Centre, located along East Northwest Highway has spaces of 459 sq.ft. to 2,988 sq.ft. available. The average daily traffic count is 28,000 vehicles. Wood Dale – Wood Dale Commons, located along Irving Park Road, has spaces of 900 sq.ft. to 2,580 sq.ft. available. Cotenants include ATI Physical Therapy, Domino’s and Shear Cuts. Area retailers include Jewel/ Osco and Target. For more information regarding the spaces in Evanston and Wood Dale, contact Joanne Sutryk or Mike Wesley, Edgemark
Commercial Real Estate Services, LLC, 2215 York Road, Suite 503, Oak Brook, IL 60523; 630-5725609/5610; Emails: jsutryk@edgemarkllc.com and mwesley@edgemarkllc.com; Web site: www.edgemarkllc.com. For more information regarding the spaces in Palatine, contact Eddie Palacios or Les Kristof, 630472-1010; Emails: epalacios@edgemarkllc.com and lkristof@edgemarkllc.com.
Michigan Jenison – Center At 7500 Cottonwood, an 85,000 sq.ft. shopping center located at the intersection of Highway 121 and Cottonwood Drive, has a space of 54,533 sq.ft. available. Mel Trotter and Dollar Tree anchor the center. Cotenants include AutoZone. Area demographics include a population of 113,992 within five miles earning $62,236 as the average household income. The average daily traffic count is 22,000 vehicles. For more information, contact Earl Clements, Colliers International, 300 Ottawa Avenue Northwest, Suite 400, Grand Rapids, MI 49503; 616-242-5175; Email:
Michigan earl.clements@colliers.com; www.colliers.com.
Web
site:
Missouri Independence – Independence Commons, a 400,000 sq.ft. power center located at the intersection of Interstate 70 and Highway 291, has spaces of 1,400 sq. ft. to 6,600 sq.ft. available. AMC Theatres, Kohl’s, Marshalls and Ross Dress for Less anchor the center. Cotenants include AT&T Mobility, Barnes & Noble, Best Buy, Cherry Berry, Game Stop, Great Clips, Hallmark, Hanger Prosthetics, Justice, Mattress Firm, Nail Max, Office Max, Rue 21, Sally Beauty Supply, Shoe Carnival, Sprint, Starbucks and Weight Watchers. Area demographics include a population of 135,995 within five miles earning $51,033 as the average household income. The average daily traffic count is 24,614 vehicles. For more information, contact David Hickman or Adam Lyngar, CB Richard Ellis, 4717 Grand Avenue, Suite 500, Kansas City, MO 64112; 816-968-5824/5843; Emails: david.hickman@cbre.com and adam. lyngar@cbre.com; Web site: www.cbre.us.
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New York
New York
South Carolina
Arcade – Tops Arcade, a 66,000 sq.ft. shopping center located at the intersection of Highway 39 and Steele Avenue, has spaces of 4,000 sq.ft. to 5,000 sq.ft. available. Tops anchors the center. Cotenants include Fantastic Sams, Radio Shack, Rent-ACenter, Second Impressions and Subway. Area demographics include a population of 8,674 within five miles earning $50,255 as the average household income. The average daily traffic count is 6,000 vehicles. Avon – Tops – Avon, a 63,000 sq.ft. power center located along East Main Street, has spaces of 1,600 sq.ft. to 5,800 sq.ft. available. Tops anchors the center and cotenants include Mark’s Pizzeria, Salon Secrets, Subway, Tran Nail Salon and Zoom Tan. Area demographics include a population of 8,410 within five miles earning $56,468 as the average household income. The average daily traffic count is 12,040 vehicles. Elmira – Tops – Elmira, a 98,000 sq.ft. shopping center located along South Main Street, has a 7,500 sq.ft. space available. Tops anchors the center and cotenants include H&R Block and Dollar Tree. Area demographics include a population of 52,883 within five miles earning $46,720 as the average household income. The average daily traffic count is 11,190 vehicles. For more information regarding the site in Arcade, contact Robert Roller or Adam Koehn, CB Richard Ellis, 257 West Genesee Street, Suite 160, Buffalo, NY 14202; 716-362-8710, Fax 716-3628705; Emails: robert.roller@cbre.com and adam.koehn@cbre.com; Web site: www.cbre.us. For more information regarding the space in Avon, contact Bernie Fallon, Fallon Associates Realty, Inc., 95 Helen Road, Rochester, NY 14623; 585292-5111; Email: bernie@fallon-realty.com; Web site: www.fallon-realty.com. For more information regarding the space in Elmira, contact Art Ambrose, Realty USA.com; 607733-2700; Email: aambrose@realtyusa.com.
Manhattan – Ground floor space of 5,898 sq.ft., 6,667 sq.ft. of selling basement and 6,121 sq.ft. of mezzanine is available along Broadway at Union Square. Whole Foods Market is adjacent to the site and area retailers include DSW, Staples, J.Crew, The Children’s Place, Forever 21, Regal Cinema and Burlington Coat Factory. For more information, contact Brian Feil, The Feil Organization, 212-279-7600 Ext. 213; Email: bfeil@feilorg.com.
American General. Area demographics include a population of 128,659 within five miles earning $81,071 as the average household income. For more information, contact Brett Sheets, Greg Browne or Brian Gausden, Cole Capital Advisors, Inc., 602-778-8791/6076/ 6150; Emails: bsheets@colecapital.com, gbrowne@colecapital.com and bgausden@colecapital.com; Web site: www.colecapital.com.
Manhattan – A ground floor space of 1,018 sq.ft. is available along East 57th Street. Honora Pearl Jewelry currently occupies the space and area retailers include Victoria’s Secret, Destination Maternity, Coach, Prada, Jacob & Co., GEOX, Niketown, Dior, Tiffany & Co., Miu Miu and Burberry. For more information, contact Peter J. Cirlin or Anna Rhein, Zelnik & Co., LLC, 212-223-2200; Emails: peter@zelnikco.com and anna@zelnikco.com.
Texas
Hicksville – A land area of 1.52 acres is available at the intersection of Broadway and Lee Avenue. Area retailers include Walgreens, King Kullen, CVS, Chuck E Cheese, Pep Boys, Taco Bell and 7-Eleven. The average daily traffic count along Broadway is 33,010 vehicles. For more information, contact Richard MacDougall, Breslin Realty, 500 Old Country Road, Garden City, NY 11530; 516-741-7400 Ext. 263; Email: rmacdougall@breslinrealty.com; Web site: www.breslinrealty.com.
Manhattan – A 3,400 sq.ft. ground floor space located along East 23rd Street, between First Avenue and Second Avenue, is available. Area retailers include CVS, Morton Williams Supermarket, Bolton’s and McDonalds. For more information, contact Steven E. Baker or Aaron S. Fishbein, Winick Realty Group, LLC; 212-792-2636/2611; Emails: stevenb@winick.com and afishbein@winick.com.
Pennsylvania Pen Argyl – Bangor Plaza, a 135,509 sq.ft. strip center has spaces of 1,605 sq.ft., 2,000 sq.ft. and 8,447 sq.ft. available, as well as an outlot of 7,000 sq.ft. Cotenants include Domino’s, Family Dollar, Subway, J Nails and Nicks Tabacco. Area demographics include a population of 28,029 within three miles earning $43,493 as the median household income. The asking rent is $6 psf to $8 psf with CAM of $2.09 psf and taxes of $1.03 psf. For more information, contact Bill Plasha, Prudential Patt, White Real Estate, 5036 Hamilton Boulevard, Allentown, PA 18106; 610-398-9888; Email: billplasha@pattwhite.com.
South Carolina Greenville – Hobby Lobby Center, a 69,000 sq.ft. parcel located along Woodruff Drive, is available. Hobby Lobby and Walmart anchor the center and cotenants include GameStop, Green Tomato Buffet, Jenny Craig and www.dealmakers.net
The
Dealmakers
Dallas – Pad sites are available at the intersection of Highway 121 and Rayburn Tollway. Super Target and Nebraska Furniture are adjacent to the sites. For more information, contact Tony Albanese or Britton Lankford, Bright Realty, 4228 North Central Expressway, Suite 300, Dallas, TX 75206; 214-559-9292; Emails: tony.albanese@brightco.com and britton.lankford@brightco.com. Decatur – A 4,000 sq.ft. space is available along Highway 51. Area retail includes Walmart. The average daily traffic count is 22,000 vehicles. Preferred demographics include a trade-area population of 77,052 earning $62,925 as the average household income. For more information, contact Lisa Estrada, Trinity Realty, 104 North Trinity, Decatur, TX 76234; 940-627-4427, Fax 940-627-4420. Nacogdoches – Nacogdoches Marketplace, a 365,000 sq.ft. center located at the intersection of North Street and Stahlings Road, has spaces of 1,200 to 4,200 sq.ft. available. Walmart Supercenter and Lowe’s Home Improvement shadow anchor the center and cotenants include Beall’s, Maurices, It’s Fashion and Shoe Show. Area retailers include Dollar Tree and Cato. For more information, contact Harold S. Fry, Hauck Holdings, Ltd., 4334 GlendaleMilford Road, Cincinnati, OH 45242; 800536-3300 Ext. 203, Fax 513-733-8621. San Antonio – The Parke, a 106,000 sq.ft. shopping center located at the intersection of Loop 1604 and Potranco Road, has a space of 3,293 sq.ft. available. Kohl’s anchors the center and cotenants include Glamour Nail Spa, Sprint and WG Dental. Area demographics include a population of 171,120 within five miles earning $57,552 as the average household income. (continued on page twenty-six) November 9, 2012
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For more information, contact Steve Gray, Reata Commercial Real Estate Brokerage Services; 7330 San Pedro, Suite 710, San Antonio, TX 78216; 210-930-4111, Fax: 210-930-1114; Email: sgray@reatares.com; Web site: www.reatarealestate.com. San Antonio – Lone Oak Shopping Center, located along White Road, has spaces of 3,500 sq.ft. to 5,200 sq.ft. available. HEB anchors the center and cotenants include Citi Trend. The average daily traffic count is 18,800 vehicles per day. For more information, contact Nick Altomare or Josh Reneau, Endura Advisory Group, 9311 San Pedro, Suite 850, San Antonio, TX 78216; 210-366-2222, Fax 210366-2231; Emails: naltomare@endurasa. com and jreneau@endurasa.com; Web site: www.endurasa.com.
Utah Draper – A center located at the intersection of 114th South and State Street has a space of 30,000 sq.ft. available and a 26,833 sq.ft.
Utah
Virginia
ground lease space available. Cotenants include Zurcher’s, Best Buy, Home Depot, Costco, Scheels, Super Wal-Mart and Sam’s Club. Area demographics include a population of 228,992 within five miles earning $91,632 as the average household income. The average daily traffic count is 27,565 vehicles. Salt Lake City – A center located at the intersection of Interstate 15 and 21st South, has spaces of 31,875 sq.ft. and 25,190 sq.ft. available. Cotenants include PetSmart, Zurchers, David’s Bridal, Honeyville Grain and Dollar Tree. Area demographics include a population of 331,895 within five miles earning $61,222 as the average household income. The average daily traffic count is 115,800 vehicles. For more information regarding the space in Draper, contact Shaun Greear, Hawkins Cos., 855 Broad Street, Suite 300, Boise, ID 83702-7154; 208-908-5520; Email: sgreear@hcollc.com; Web site: www.hcollc.com. For more information regarding the space in Salt Lake City, contact Shaun Greear or Jay Blacker, 208908-5521; Email: jblacker@hcollc.com.
Sterling – Heritage Plaza, an 11,102 sq.ft. center located along Regal Plaza, has a 2,000 sq.ft. space available. The average daily traffic count is 80,000 vehicles. For more information, contact Chris Pamboukian, Tetra Partnerships, 11450 Baron Cameron, Reston, VA 20190; 703-796-1800 Ext. 105; Email: chris@tetrapartners.com.
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Washington Spokane – A center located at the intersection of Evergreen Road and Sprague Avenue, has a 10,946 sq.ft. space available. Cotenants include Office Depot, Safeway, Big Lots and Carl’s Jr. Area demographics include a population of 100,731 within five miles earning $60,578 as the average household income. The average daily traffic count is 22,000 vehicles. For more information, contact Bryan Vaughn or Shaun Greear, Hawkins Cos., 855 Broad Street, Suite 300, Boise, ID 83702; 208-908-5522; Email: bvaughn@hcollc.com and sgreear@hcollc.com; Web site: www.hcollc.com. DM
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For nationwide leasing availability visit www.colecapital.com/leasing, scan the Qr code or contact brett sheets, senior vice president, leasing, at 602.778.6300 or via email at bsheets@colecapital.com. cole is not AFFiliAted or AssociAted with, is not endorsed by, does not endorse, And is not sponsored by or A sponsor oF the tenAnts or oF their products or services pictured or mentioned. the nAmes, logos And All relAted product And service nAmes, design mArKs And slogAns Are the trAdemArKs or service mArKs oF their respective compAnies. *listed sF is ApproXimAte And mAy include property not owned by cole.
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Alpine Commons
Beach Shopping Center
Wappinger, NY
Peekskill, NY
14,618 - 40,000 SF Available
1,600 SF - 12,000 SF Available
Join BJ’s Wholesale Club, Stop & Shop & A.C. Moore.
Join Stop & Shop, CVS, Planet Fitness & Dollar Tree.
2011 Population: (3 mi) 30,440 | Avg. Income: (3 mi) $87,074
2011 Population: (3 mi) 50,107 | Avg. Income: (3 mi) $99,973
Tri-City Plaza
Levittown Town Center
Vernon, CT
Levittown, PA
3,750 SF - 31,024 SF Available
1,800 SF - 8,000 SF Available
Join Price Chopper, T.J. Maxx, Homegoods & Staples.
Join Walmart, Home Depot PetSmart & Ross Dress for Less.
2011 Population: (3 mi) 49,366 | Avg. Income: (3 mi) $87,983
2011 Population: (3 mi) 68,834 | Avg. Income: (3 mi) $69,077
117 Shopping Centers : 31 States : 16.6 Million SF Corporate Office : 580 White Plains Rd : Tarrytown, NY 10591 : 914.631.3131 : dlcmgmt.com