Dealmakers Magazine | November 20, 2009

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Reporting The Nation’s Weekly News on Retailing & Retail Real Estate

Volume XXIV No. XLIV

November 20, 2009

Apparel Chains Expand Nationwide Avenue operates 500 locations nationwide. The stores, offering affordable women’s fashions, occupy spaces of 4,000 sq.ft. to 6,000 sq.ft. in inline spaces of shopping centers. Growth opportunities are sought throughout the central and western coastal areas of FL during the coming 18 months, with representation by Katz & Associates. For more information, contact Marty Hennessy, Katz & Associates, 2000 Glades Road, Suite 206, Boca Raton, FL 33431; 561-361-7232, Fax 561361-7276; Email: martinhennessy@dkatz.com; Web site: www.avenue.com. Maui Clothing Co., Inc. trades as Making Waves, Maui Clothing, Escape to Maui, Panama Jack’s, Cruise and Maui Water Wear at 21 locations throughout HI. The stores, offering upscale women’s casual clothing and swimwear, occupy spaces of 1,000 sq.ft. to 1,500 sq.ft. in tourist centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run five years with two, five-year options. Preferred cotenants include other upscale women’s apparel retailers. Preferred demographics include a population of 50,000 within five miles earning $70,000 as the average household income. The company will also consider sites within hotels. For more information, contact Edward Wayne, Maui Clothing Co., Inc., 401 Kamakee Street, Suite 414, Honolulu, HI 96814; 808-596-2713, Fax 808-596-2720; Email: alohaplaza@aol.com.

A&E Stores, Inc. trades as Pay/Half, Strawberry and Bolton’s at 100 locations throughout CT, IL, MA, NJ, NY, PA and RI. Pay/Half occupies spaces of 7,500 sq.ft. to 15,000 sq.ft.; Strawberry occupies spaces of 3,000 sq.ft. to 6,000 sq.ft., and Bolton’s occupies spaces of 1,800 sq.ft. to 3,000 sq.ft. in urban/downtown areas and specialty, strip and value centers. Plans call for 10 to 15 openings throughout the existing markets during the coming 18 months. Typical leases run 10 years with options. Specific improvements may be required. For more information, contact Bruce Kleiman, A&E Stores, Inc., 1000 Huyler Street, Teterboro, NJ 07608; 201-393-0600, Fax 201-393-0798; Web site: www.payhalfstores.com. Bon Worth operates 300 locations nationwide. The women’s apparel chain occupies spaces of 1,300 sq.ft. to 1,800 sq.ft. in groceryanchored strip centers and from 1,300 sq.ft. to 3,000 sq.ft. in enclosed malls. Growth opportunities are sought throughout the eastern, midwestern and southern U.S. excluding the Northeast and FL, during the coming 18 months, with representation by Felenstein Was & Associates, Inc. For more information, contact Darren Was, Felenstein Was & Associates, Inc., 47 East 77th Street, Suite 205, New York, NY 10075; 212-772-9829 Ext. 12, Fax 212-535-9108; Email: darren@fwacgroup.com; Web site: www.fwacgroup.com. (continued on page fifteen)

This issue contains information on:

* Retailers operating 17,748 locations with plans to open 1,707 sites * Real estate valued in excess of $730.03 million to be bought, sold & financed * Leasing activity on over 7.634 million sq.ft. of retail properties

Important News Please Expedite

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Featuring ICSC South Florida Idea Exchange New Construction Kite Realty is preleasing a center in Delray Beach, FL..... Pg. 3 Profile|Konover South, LLC

Pg. 4

Buyers & Sellers Marcus & Millichap is selling several properties throughout FL.......................................... Pg. 5 Kin Properties looks to acquire single-tenant sites nationwide Pg. 9 Openings Whole Foods Market will open stores in Dallas, TX....... Pg. 6 Skechers plans to open nationwide............................ Pg. 8 Food Retailers Expand Pollo Tropical looks for sites throughout FL........................ Pg. 7 Lease Signings L3 Corp. negotiated leases with PetSmart throughout the Midwest................................ Pg. 10 Lead Sheet Tire Choice looks for sites in Broward and Palm Beach counties in FL........................ Pg. 11 Shoe Avenue plans to expand along the western coast of FL Pg. 13 Sources of Financing Frias Financial provides financing for strip malls and retail centers nationwide........ Pg. 15 Space Place........................... Pg. 16

For more news go to: www.dealmakers.net


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