Reporting The Nation’s Weekly News on Retailing & Retail Real Estate
Volume XXV No. XLIII
November 12, 2010
Apparel Chains Expand Nationwide Eileen Fisher, Inc. trades as Eileen Fisher, Eileen Fisher Co. Store, Eileen Fisher Boutique and Eileen Fisher Lab Store at 52 locations throughout AZ, CA, CO, CT, FL, IL, MA, MD, MI, NJ, NM, NY, OR, PA, VA, WA and Washington, DC. The stores, offering women’s apparel, occupy spaces of 1,000 sq.ft. to 2,500 sq.ft. in upscale malls, lifestyle centers and downtown areas. Growth opportunities are sought nationwide during the coming 18 months. For more information, contact Karen Gray, Eileen Fisher, Inc., Two Bridge Street, Irvington, NY 10533; 914-591-5700, Fax 914-591-8900; Web site: www.eileenfisher.com. American Eagle Outfitters, Inc. trades as American Eagle Outfitters at 950 locations nationwide and throughout Canada and Puerto Rico. The stores, offering men’s and women’s casual apparel, footwear and accessories, occupy spaces of 6,500 sq.ft. in malls and downtown areas. Limited growth opportunities are sought nationwide during the coming 18 months. The company also trades as aerie at 128 locations nationwide and throughout Canada. The stores, offering women’s intimate apparel, occupy spaces of 4,500 sq.ft. in malls. Limited growth opportunities are sought nationwide during the coming 18 months. For more information, contact Michael Cortazzo, American Eagle Outfitters, Inc., 150 Thorn Hill Drive, Warrendale, PA 15095; 724-779-5555, Fax 724-779-5580; Web sites: www.ae.com and www.aerie.com.
Jos. A. Bank Clothiers, Inc. trades as Jos. A. Bank Clothiers at 494 locations nationwide. The stores, offering men’s apparel, occupy spaces of 4,000 sq.ft. to 4,500 sq.ft. in lifestyle and specialty centers and urban/downtown areas. Growth opportunities are sought throughout major metropolitan markets nationwide during the coming 18 months. Preferred demographics include a population of 150,000 within five miles earning $90,000 as the average household income. The company will also consider locating in malls and factory outlet centers. For more information, contact Joe Foley, Jos. A. Bank Clothiers, Inc., 500 Hanover Pike, Hampstead, MD 21074; 443-508-4871, Fax 443-508-4799; Email: jfoley@jos-a-bank.com; Web site: www.josbank.com. Pretty Girl operates 20 locations throughout NJ and NY. The stores, offering discounted juniors’ apparel, occupy spaces of 3,500 sq.ft. to 15,000 sq.ft. in outlet, strip, tourist and value centers, as well as urban areas. Growth opportunities are sought throughout AL, IL, NJ, NY and PA during the coming 18 months, with representation by Eretz, Ltd. Typical leases run 10 years. A vanilla shell is required. Preferred cotenants include Target and T.J. Maxx. Major competitors include Rainbow Shops, CitiTrends and Ross Dress for Less. For more information, contact Ellaina Dreifach, Eretz, Ltd., 5916 18th Avenue, Brooklyn, NY 11204; 646-457-9837; Email: ellaina@eretzltd.com. (continued on page fourteen)
This issue contains information on:
* Retailers operating 31,381 locations with plans to open 2,246 sites * Real estate valued in excess of $80 million to be bought, sold & financed * Leasing activity on over 4.9 million sq.ft. of retail properties
Important News Please Expedite
Postmaster: Periodical
Featuring ICSC Southeast Conference New Construction Century Retail is developing a 375,000 sq.ft. mixed-use project in Avondale Estates, GA........... Pg. 3 Observations & Conversations Pg. 4 Profile Real Estate Southeast, LLC........ Pg. 6 Buyers & Sellers Coyote GRF|Investors, LLC and Garrison Investment Group acquired six centers throughout AL, GA and NC........................ Pg. 8 Thalhimer is selling an 88,298 sq.ft. center in Richmond, VA..... Pg. 15 Openings Urban Outfitters to open in Memphis, TN........................... Pg. 10 JCPenney to open three stores during 2011.............................. Pg. 12 Food Retailers Expand LaRosa’s plans to enter the NC market...................................... Pg. 13 Sources of Financing The Washington Trust Co. provided financing for shopping centers in MA and RI................ Pg. 16 Exclusives Cypress Retail Group represents retailers throughout select markets in CA........................... Pg. 16 In the News Newmark Knight Frank hired Cynthia Groves as senior managing director, consulting..... Pg. 17 Lease Signings S.L. Nusbaum Realty Co. negotiated leases throughout VA Pg. 18 Lead Sheet Card$mart seeking stores nationwide............................... Pg. 19 Shoe Sensation to open locations throughout AR, IA, IL, IN, KY, MI, OH, PA, TN and WV.......... Pg. 22 Space Place.............................. Pg. 23 Most Valuable Players.............. Pg. 30
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