Reporting The Nation’s Weekly News on Retailing & Retail Real Estate
Volume XXVI No. XLV
November 25, 2011
Home-Related Chains Expand Nationwide Century Supply Co. trades as Century Tile & Carpet at 12 locations throughout IL. The stores, offering floor coverings, tile and carpet, occupy spaces of 15,000 sq.ft. to 18,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing market during 2013. The company prefers to acquire sites. For more information, contact Phil Spiewak, Century Supply Co., 747 East Roosevelt Road, Lombard, IL 60148; 630-873-8224, Fax 630873-8324; Email: phils@century-tile.com; Web site: www.century-tile.com. E.C. Barton & Co. trades as Grossman’s Bargain Outlet at 56 locations throughout MA, NY, OH and RI. The home improvement stores, offering building supplies, cabinetry, flooring and tile and bath and kitchen products, as well as outdoor living items, occupy spaces of 25,000 sq.ft. to 30,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets, as well as CT and NH, during the coming 18 months, with representation by Horn Cos. The company requires 5,000 sq.ft. to 10,000 sq.ft. for an outdoor display area, and requires site submittals to be sent via email. The company also trades as Barton’s Builders Material Co., Design Center and Surplus Warehouse at 54 locations throughout AL, AR, FL, LA, MA, MO, MS, NC, NH, NY, OH, PA, RI, SC, TN and TX. For more information, contact Tom Hornstein, Horn Cos., 3426 Burnet Avenue, Syracuse, NY 13206; Email: horncompanies@gmail.com; Web site: www.bargain-outlet.com.
The Alley operates five locations throughout CA. The stores, offering unique gifts, home décor items and kitchen accessories, as well as furniture, pillows, mirrors, frames and wall hangings, occupy spaces of 15,000 sq.ft. to 30,000 sq.ft. in freestanding locations and power and specialty centers. Growth opportunities are sought throughout southern CA during the coming 18 months, with representation by Marek, Inc. Typical leases run five to 10 years. Preferred cotenants include Target and T.J. Maxx. Preferred demographics include a population of 10,000 within five miles earning $80,000 as the average household income. For more information, contact William Marek, Marek, Inc., 80250 Highway 111, Indio, CA 92201; 760-347-7200, Fax 760-345-1076; Web site: www.thealley.info. Bill’s Carpet Fair, Inc. trades as Bill’s Carpet Fair at six locations throughout MD. The stores, offering hardwood flooring, carpet, laminates and area rugs, as well as offering professional installation services, occupy spaces of 6,000 sq.ft. to 10,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. For more information, contact Maureen Anderson, Bill’s Carpet Fair, Inc., 7100 Rutherford Road, Baltimore, MD 21244; 410-298-5800, Fax 410-298-4849; Web site: www.billscarpetfair.com. (continued on page twenty-five)
This issue contains information on:
* Retailers operating 34,977 locations with plans to open 3,037 sites * Real estate valued in excess of $494.2 million to be bought, sold & financed * Leasing activity on over 6 million sq.ft. of retail properties
Important News Please Expedite
Postmaster: Periodical
Featuring Pre-Show ICSC New York National Conference Observations & Conversations Pg. 4 Buyers and Sellers Nassimi Realty, LLC looks to acquire properties throughout the eastern U.S...................... Pg. 6 New Construction U.S. Realty Associates is preleasing a 164,000 sq.ft. project in Philadelphia, PA.... Pg. 12 Openings Trader Joe’s to open its first upstate NY location............... Pg. 14 Food Retailers Expand D’Vida Health Bar to open 12 locations in Long Island and Pg. 15 New York, NY Sources of Financing The Venture Capital Group NY provides financing for commercial properties nationwide............................ Pg. 20 In the News SRS Real Estate Partners hired Mark Kapnick as senior vice president of its New York, NY office..................................... Pg. 27 Lease Signings Prudential Douglas Elliman negotiated a lease with Buccellati in New York, NY.... Pg. 28 Lead Sheet Primrose seeking sites in NJ and eastern PA...................... Pg. 29 Cellular Connections to open locations in 19 states and Washington, DC.................... Pg. 30 Exclusives Welco Realty, Inc. represents retailers throughout NJ and NY........................................ Pg. 36 Space Place........................... Pg. 36 ICSC New York Floor Plan.... Pg. 40 Most Valuable Players........... Pg. 46
For more news go to: www.dealmakers.net Mobile Access Code: preNY2011