Reporting The Nation’s Weekly News on Retailing & Retail Real Estate
Volume XXVII No. XLVI
November 30, 2012
Home-Related Chains Expand Nationwide Marburn Stores, Inc. trades as Marburn Curtains at 21 locations throughout NJ, Long Island and Rockland County, NY and PA. The stores, offering window treatments, home décor, bedding and bath items, occupy spaces of 6,500 sq.ft. to 7,500 sq.ft. in freestanding locations and power, specialty and strip centers. Growth opportunities are sought throughout NJ, NY and PA during the coming 18 months. Preferred cotenants include Home Depot, T.J.Maxx, Kohl’s, Marshalls, HomeGoods, Lowes Home Improvements, Walmart and Pier 1 Imports. For more information, contact Richard Perez, Marburn Stores, Inc., 13-A Division Street, Fairview, NJ 07022; 201-943-0222, Fax 201945-4242; Email: rrahme@marburn.com; Web site: www.marburn.com. Builders Discount Centers, Inc. trades as Builders Discount Center at 11 locations throughout NC and VA. The stores, offering siding, windows, lumber, roofing and cabinets, occupy spaces of 60,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing market, in addition to SC, during the coming 18 months. The company prefers to acquire sites but will also consider leasing. For more information, contact Glenn Perry, Builders Discount Centers, Inc., 1261 South Wesleyan Boulevard, Rocky Mount, NC 278034504; 252-442-2674, Fax 252-442-8059; Email: bdcgp@suddenlinkmail.com; Web site: www.buildersdiscount.net.
Ashley Furniture HomeStore operates 400 locations nationwide. The stores, offering living room, bed room and dining room furniture, as well as home accents and home office products, occupy spaces of 35,000 sq.ft. to 50,000 sq.ft. in freestanding locations, power and regional centers. Growth opportunities are sought throughout select markets in NJ and PA during the coming 18 months, with representation by Legend Properties, Inc. For more information, contact Jim DePetris or Josh Hunsberger, Legend Properties, Inc., 521 Plymouth Road, Suite 118, Plymouth Meeting, PA 19462; 610-941-4034, Fax 610941-4038; Web sites: www.lpre.com and www.ashleyfurniture.com. Ziegler Lumber Co. trades as Ziggy’s at six locations throughout ID and WA. The home improvement centers, offering building materials, hardware items and lumber, occupy spaces of 45,000 sq.ft. to 110,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets, in addition to OR, during the coming 18 months. Typical leases run five to 15 years. A land area of at least four acres is required. For more information, contact Department of Real Estate, Ziegler Lumber Co., 620 East Holland Avenue, Spokane, WA 99218; 509-467-4960, Fax 509-483-9436; Web site: www.ziggys.com. (continued on page eight)
This issue contains information on:
* Retailers operating 21,486 locations with plans to open 1,827 sites * Real estate valued in excess of $44 million to be bought, sold & financed * Leasing activity on over 3 million sq.ft. of retail properties
Important News Please Expedite
Featuring National Focus New Construction Westwood Real Estate develops two centers in TX.... Pg. 3 Who’s Opening & Where Urban Outfitters to open 49 stores next year...................... Pg. 4 DSW to open up to 30 locations next year................. Pg. 4 Buyers & Sellers Transwestern reps singletenant buyers......................... Pg. 5 Food Retailers Expand Garbanzo to enter NJ............. Pg. 6 Sources of Financing View Point Bank lends in TX Pg. 7 Making The News Cassidy Turley grows staff...... Pg. 7 Exclusives Henry S. Miller reps Fallas Discount Stores in FL and TX Pg. 7 Lease Signings Mid-America Real EstateMichigan inks deal with Ollie’s Bargain Outlet............ Pg. 8 Lead Sheet Crunch Fitness to enter MD
Pg. 11
Postmaster: Periodical Boot Barn to enter four states Pg. 11 Space Place........................... Pg. 14
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Vanguard knows New Jersey Tenants like our market Knowledge Landlords like our Experience 2012 Done Deals include: Walgreens T.D. Bank Sundae’s Ice Cream Sweet Dreamzzz Muscle Maker Grill C2 Education CKO Kickboxing Dollar Tree Angry Bean Café Pretty Kitty Waxing South Moon Under Buddy’s Small Lots
Smashburger Supercuts Sprint Pet Valu Sprint Carrabba’s Buy Rite Liquor ACE Hardware Crunch Fitness Let’s Yo! Red’s Italian Beef
Your source for retail leasing, marketing, site selection and development in New Jersey
Neal J. Richards, Vice President Vanguard Realty, Inc. 195 Columbia Turnpike, Suite 100 Fredric Kruvant, President (973) 443-9700 Please visit us at the 2012 Vanguard Realty, Inc. ICSC National Conference nrichards@vanguardsite.com Vanguard Tenant Services Booth #191, Rhinelander Gallery, Vanguard Property Management New York Hilton www.vanguardsite.com
New Construction Mid-America Real Estate Corp. is preleasing The Palazzo of Deer Park, located at the intersection of Rand Road and Deer Park Boulevard in Deer Park, IL. Area draws include Deer Park Town Center. The average daily traffic count is 50,000 vehicles. For more information, contact Brian Adams or Willie Hoag, Mid-American Real Estate Corp., One Parkview Plaza, 9th Floor, Oakbrook Terrace, IL 60181; 630-954-7512/7276, Fax 630-954-7304; Emails: badams@midamericagrp.com and whoag@midamericagrp.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.
Westwood Real Estate Development is preleasing Grapevine Station, a 40-acre mixed-use center located along Texan Trail in Grapevine, TX. Shop spaces from 1,675 sq.ft. to 6,400 sq.ft. are available. Cotenants include Starbucks and Vineyard Steakhouse. Area demographics include a population of 94,663 within five miles earning $121,747 as the average household income. The average daily traffic count is 45,470 vehicles. The company is also preleasing an 18,000 sq.ft. center located along South Main Street in Grapevine, TX. Area demographics include a population of 675,686 within 10 miles earning $94,021 as the average household income. The average daily traffic count is 39,850 vehicles. For more information, contact Chris Leighton, Westwood Real Estate Development, 1000 Texan Trail, Grapevine, TX 76051; 817-442-0000; Email: ccleighton@westwoodland.com; Web site: www.grapevinestation.com. The Retail Connection is preleasing Stars & Stripes, a mixed-use center situated on 14.29 acres at the intersection of Highway 121 and Stars and Stripes Way in Grapevine, TX. Area retail includes Old Navy, JCPenney, Marshalls, Burlington Coat Factory, Bed Bath & Beyond, LA Fitness, Sun & Ski Sports, Ann Taylor Loft and Bass Pro Shops. Area demographics include a population of 161,708 within five miles earning $97,678 as the average household income. The average daily traffic count is 7,957 vehicles. For more information, contact Jack Weir or Andrew Sudderth, The Retail Connection, 2525 McKinnon Street, Suite 700, Dallas, TX 75201; 214-572-8460/8443; Emails: jmweir@theretailconnection.net and asudderth@theretailconnection.net; Web site: www.theretailconnection.net. Transwestern Retail Services Group is preleasing Gateway Village, a mixed-use center located at the intersection of U.S. Highway 75 and FM 691 in Denison, TX. Area retail includes Best Buy, JCPenney, The Home Depot, Target, dressbarn, Bed Bath & Beyond, Ross Dress for Less and Walmart. Area demographics include a population of 46,293 within five miles earning $57,863 as the average household income. The average daily traffic count is 57,680 vehicles. For more information, contact Steve Williamson or Jeff Smith, Transwestern Retail Services Group, 5001 Spring Valley Road, Suite 400W, Dallas, TX 75244; 972-774-2511/2516; Emails: steve.williamson@transwestern.net and jeff.smith@transwestern.net; Web site: www.transwestern.net. www.dealmakers.net
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John T. Evans Co. is preleasing The Towers of Grapevine, located at the intersection of Highway 114 and William D. Tate Avenue in Grapevine, TX. Spaces from 2,500 sq.ft. to 13,500 sq.ft. are available. Area retail includes P.F. Chang’s, Uncle Julio’s and Chili’s. Area demographics include a population of 110,854 within five miles earning $106,357 as the average household income. The average daily traffic count is 189,000 vehicles. For more information, contact Chad DuBose or Preston Evans, John T. Evans Co., 8350 North Central Expressway, Suite 1300, Dallas, TX 75206; 214-891-3215/3231, Fax 214-891-3232; Emails: chad@jtevans.com and preston@jtevans.com; Web site: www.jtevans.com. Federal Realty Investment Trust is redeveloping Mid-Pike Plaza, located at the intersection of Rockville Pike and Montrose Parkway in Rockville, MD. The project is slated to open during 2014 under the new name Pike & Rose and will include an eightscreen movie theater, as well as a 300-unit luxury apartment complex. For more information, contact Federal Realty Investment Trust, 1626 E. Jefferson Street, Rockville, MD 20852 ; 301-998-8100; Web site: www.federalrealty.com. The Goldenberg Group is redeveloping Hamilton Crossings, a project situated on 63 acres between Hamilton Boulevard and the Route 222 Bypass in Lower Macungie, PA. The center is expected to include 25 restaurants and stores and be anchored by Costco and Target, as well as include 2.5 miles of walking and bicycle paths. For more information, contact Jeremy Fogel, The Goldenberg Group; 610-2609600; Email: info@goldenberggroup.com; Web site: www.goldenberggroup.com. Capital Growth Buchalter, Inc. is developing The Lofts at City Center, a 500,000 sq.ft. development situated at the site of the former Wood Square Shopping Center, located at the intersection of McFarland Boulevard and 13th Street in Tuscaloosa, AL. The center will feature retail shops, restaurants, a 1,226-bed student apartment complex and four, five-story apartment buildings and a potential hotel. Phase one of the housing community is slated to open during fall 2013. For more information, contact Capital Growth Buchalter, Inc., 361 Summit Boulevard, Suite 110, Birmingham, AL 35243; 205-968-9220, Fax 205-968-9229; Web site: www.capitalgrowthproperties.com. DM November 30, 2012
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Who’s Opening and Where Wal-Mart Stores, Inc. (479-273-4000) is planning to open a 180,000 sq.ft. Walmart at the intersection of 21st Avenue Northwest and Highway 83 Bypass in North Hill, ND during spring 2014. The company is also planning to open a 39,000 sq.ft. Walmart Neighborhood Market in a former Circuit City at Gateway Mall, located in Springfield, OR and is slated to open next year. The company trades as Walmart, Walmart Supercenter and Walmart Neighborhood Market and currently operates more than 9,000 locations nationwide, including 225 Walmart Neighborhood Markets, and internationally throughout 15 countries. Krispy Kreme Doughnuts, Inc. (800-4574779) plans to open 10 Krispy Kreme company-operated units during 2014, as well as 15 franchises and 75 international franchisee locations. The chain of donut shops currently operates 731 locations. Giant Eagle (715-876-5911) is slated to open a supermarket at Portage Crossing, located at the intersection of Portage Trail and State Road in Cuyahoga Falls, OH. The company will join Michael Symon’s B Spot, Chipotle, Panera Bread, Menchie’s Frozen Yogurt and Pet Supplies Plus at the center. Anytime Fitness, LLC (800-704-5004) is opening a 5,000 sq.ft. Anytime Fitness along Bridges Street in Morehead, NC. The company, offering 24-hour fitness classes, currently operates more than 2,000 locations nationwide, as well as internationally. Jack in the Box, Inc. (858-571-2121) is slated to open 24 Qdoba Mexican Grill restaurants, including 12 franchised locations next year. The company currently operates 2,250 Jack in the Box restaurants, including 1,703 franchises, and 627 Qdoba Mexican Grill locations, including 311 franchise restaurants. Fred Segal (323-651-4129) plans to open seven stores in a 10,000 sq.ft. shopping center at the SLS casino and hotel in Las Vegas, NV. Each store will sell different merchandise, including men’s and women’s apparel, swimsuits, jewelry and beauty items. The stores are slated to open during 2014. Bob Evans Farms, Inc. (800-939-2338) is planning to open two Bob Evans restaurants and redesign 114 locations during 2013. The company currently operates 565 restaurants throughout 19 states, primarily in the Midwest, mid-Atlantic and southeast regions and operates under Bob Evans and Mimi’s Café trade-names. page 4
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Hobby Lobby Stores, Inc. (405-745-1100) is planning to open a 59,800 sq.ft. Hobby Lobby store at the site of a former Kmart, located at the intersection of Mall Drive and Maple Grove Road in Duluth, MN. The store is slated to open during 2013. The company is also planning to open a 43,800 sq.ft. Hobby Lobby store at the site of a former Home Goods, at the T.J. Maxx Shopping Center, located at the intersection of Frontage Road and Interstate 95 in East Haven, CT during 2013. The company plans to open 40 locations during 2013 and offers more than 65,000 crafting and home décor products and currently operates more than 520 locations nationwide. Whole Foods Market, Inc. (512-477-4455) is planning to open a 35,000 sq.ft. Whole Foods supermarket along Tunnel Road in Asheville, NC during 2014. The company is also planning to open a 30,000 sq.ft. Whole Foods supermarket in a former Office Depot along Gilman Street in Berkeley, CA. The store is slated to open during February 2013. The chain, offering organic and natural food items, currently operates 342 specialty supermarkets nationwide, as well as in Canada and the United Kingdom. DSW, Inc. (866-379-7463) plans to open 25 to 30 DSW stores next year. About half of the stores will open in new markets and nine of the locations will be in smaller markets, in areas with a population of 250,000 to 400,000. The company, offering shoes for men and women, currently operates 360 locations throughout 41 states nationwide. Guccio Gucci S.p.A. (800-850-3919) is opening a Gucci outlet store at The Colonnade Outlets at Sawgrass Mills in Miami, FL. The company will join Prada, Canali, Tag Heuer, Tommy Bahama, Tumi, Burberry, Hugo Boss and Giorgio Armani at the center and will open during 2013. Urban Outfitters, Inc. (215-454-5500) plans to open 49 stores during 2013, including 18 Urban Outfitter stores internationally, 15 Free People locations, 14 Anthropologie stores, one Terrain and one BHLDN store. The company currently operates more than 1,400 locations nationwide and internationally, trading as Urban Outfitters, Anthropologie, Free People, BHLDN and Terrain. Trader Joe’s Co. (626-599-3700) is slated to open a Trader Joe’s supermarket along Merrimon Avenue in Asheville, NC. The company will join Harris Teeter at the location. The company currently operates more than 300 locations nationwide. Dealmakers
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Discount Retail Store Services 800-8292915) is planning to open a Dollar Palace store along Skillman Street in Dallas, TX. The store will offer discounted merchandise, including baby items, toys, balloons, batteries, candles, cleaning supplies, crafts, food items, frames, hardware, hair accessories, housewares, beauty products, paper products, party supplies, pet care supplies and office supplies. Sears Brands (847-286-2500) is planning to open a Sears Hometown Store along Lakeshore Drive in Lake Elsinore, CA. The store is slated to open during February 2013. The company, offering appliances, electronics, lawn and garden equipment, tools, fitness equipment and mattresses, currently operates more than 900 Sears Hometown Stores nationwide, as well as in Puerto Rico and Guam. Sprouts Farmers Market (888-577-7688) plans to open a store in Grand Junction, CO during January 2013 and three more locations are expected to open next year. The company, offering natural and organic products, currently operates 150 locations throughout AZ, CA, CO, NV, NM, OK, TX D and UT. M
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Buyers and Sellers Investment Management Associates, Inc. in conjunction with IMA-Park Place, LLC, a company formed by Baumgard Development Corporation and Rida Development Corporation, acquired the retail portion of Park Place at Heathrow, a mixed-use project located in Lake Mary, FL. The 35-acre site is comprised of 70,000 sq.ft. of retail and restaurant space, a 100,000 sq.ft. office component and a 304-room Marriot Hotel & Conference Center and a 100-room Residence Inn by Marriott. The retail and restaurant portion is contented by Applebee’s, Moe’s Southwest Grill, UPS Store, Accelerate, FishBones, Ichiban Hibachi Buffet, Friendly Confines Sports Restaurant, Golden Touch Dry Cleaners, The Fit Lab, Crown Audio, Velvet Lab Hair Salon and Terra Mia Italian Restaurant. Park Place at Heathrow fronts H.E. Thomas, Jr. Parkway and International Parkway, with a daily traffic count of 45,000 vehicles and serves the greater Orlando trade-area. Area retailers include Ruth’s Chris Steak House, Publix and Walgreen’s. Area demographics include a population of 45,000 earning an average household income of $106,928 within a three mile radius. For more information, contact Daniel Baumgard, Investment Management Associates, Inc., 1575 San Ignacio Avenue, Suite 400, Coral Gables, FL 33146; 305661-0110; Fax 305-661-7803; Email: dbaumgard@ima-realestate.com; Web site: www.ima-realestate.com. GAIA Real Estate Investments is selling a 5,407 sq.ft. building situated on a 52,020 sq.ft. parcel and located along 167th Street in Country Club Hills, IL. The site is leased to T-Mobile, in addition to Baby’s Cheesesteak & Lemonade which is subleased from Starbucks. The asking price of $2.6 million reflects an 8.1% Cap rate. The company also has two Starbucks locations for sale in the greater Chicago, IL market. For more information, contact GAIA Real Estate Investments; 858-4880591; Fax866-229-0490; Web site: www.gaiarealestateinvestments.com. Signature Associates negotiated the sale of an 18,000 sq.ft. retail site located along Corporate Park Drive in Warren, MI. Pingree 2000 Real Estate Holdings, LLC, a division of Enterprise-Rent-A-Car, acquired the site and was represented by Signature Associates. For more information, contact Viktor Gjonaj, Signature Associates, One Towne Square Suite 1200, Southfield, MI 48076; 248-3593832; Email: vgjonaj@signatureassociates.com; Web site: www.signatureassociates.com.
The Boulder Group is selling a freestanding Home Depot located in the Las Colinas area of Irving, TX. The lease features three rent increases of 10% during the primary term and the annual NOI increases by 33% over the primary term. The asking price of $2.229 million reflects a Cap rate of 7.50%. The company also negotiated the $2.29 million sale of a Chase Bank ground lease, located along 167th Street in Country Club Hills, IL. The 1.25-acre parcel houses a 4,342 sq.ft. retail building and is an outparcel to a Wal-Mart Supercenter. The lease had 24 years remaining at the time of sale and features multiple rental escalations in the primary term. The Boulder Group represented the seller. For more information, contact Randy Blankstein or Jimmy Goodman, The Boulder Group, 847-562-0003/8500; Emails: rblank@bouldergroup.com or jimmy@bouldergroup.com; Web site: www.bouldergroup.com. Transwestern represents a buyer of singletenant retail sites nationwide. Buildings of at least 3,500 sq.ft. are preferred with credit tenants such as AutoZone or O’Reilly’s. Potential acquisitions should have at least 12 years remaining on the lease and priced in the $2 to $4.5 million range with 6.5% as the minimum Cap rate. The company is also representing a buyer of single-tenant restaurant sites throughout the Midwest. The criteria for acquisitions include investment-grade tenants, such as McDonald’s, KFC and Taco Bell, with 15 years remaining on the lease. The price range is between $1 and $ 2 million. The company also represented the seller in the sale of a Walgreens in Columbus, OH. For more information, contact Marc Imrem and Andrew Watson, Transwestern, 312-881-7066/7065; Emails: marc.imrem@transwestern.net and andrew.watson@transwestern.net; Web site: www.transwestern.net/Chicago Net Lease. Saggio Realty, Inc. is acquiring retail sites throughout the southwest region of FL. Preferred acquisitions include shopping centers with GLAs exceeding 60,000 sq.ft. and a 60% to 80% occupancy factor. For more information, contact: Mike Rivera, Saggio Realty, Inc.; 239-770-6257. Goodman Real Estate Services Group, LLC represented DeVille Developments in the acquisition of 3.42 acres on State Route 82 in Broadview Heights, OH. For more information, contact Goodman Real Estate Services Group, LLC, 216-3818200; Web site: www.goodmanrealestate.com. www.dealmakers.net
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Marcus & Millichap Real Estate Investment Services represented the buyer of 611 Cross Keys Road, a strip center anchored by Buffalo Wild Wings and located in Sicklerville, NJ. The site is located at the interchange ramp for the Atlantic City Expressway and is one of five pad sites to a 127,000 sq.ft. lifestyle center. The company also represented the buyer in the acquisition of a net-leased Advance Auto Parts store located in Scotch Plains, NJ. Representing the seller, the firm brokered the sale of a ground lease with WaWa for a location in North Wildwood, NJ. Calkain Cos. represented the buyer. The combined sales price of the three properties was $11.75 million. For more information, contact Marcus & Millichap, 2999 Oak Road, Suite 210, Walnut Creek, CA 94597; 925-953-1700; Web site: www.marcusmillichap.com. CBRE - Capital Markets is selling 9,850 sq.ft. single-tenant retail building situated on a .71-acre parcel and located along Boston Post Road in downtown Rye, NY. The site is leased to Lester’s, a clothing retailer, through December 2013. The trade area average household income exceeds $194,000. For more information, contact Gene Pride or William Cuddy, CBRE Capital Markets, 203-352-8906/203-3255380, Emails: gene.pride@cbre.com or william.cuddy@cbre.com. Premier Commercial Realty is selling a 1,700 sq.ft. freestanding building with a drive-through located along Route 14 in Cary, IL. The outlot is shadow-anchored by Jewel/Osco and Ace Hardware. The site has an average daily traffic count of 30,000 vehicles. For more information, contact Joseph Billitteri, Premier Commercial Realty, 9225 South Route 31, Lake in the Hills, IL 60156; 847-833-5004; Email: joeb@profit-success.net. RDO Investments is selling a 1,853 sq.ft. Chipolte on a ground lease and located on North Memorial Drive in Lancaster, OH. The asking price of $1.16 million reflects a 5.5% Cap rate. For more information, contact Ryan O’Connell, RDO Investments, 3219 East Camelback Road, Phoenix, AZ 85018; 602-595-4000, Fax 602-467-3218; Email: ryan.oconnell@rdoinvestments.com; Web site: www.rdoinvestments.com. DM
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Food Retailers Expand Nationwide Logan’s Roadhouse operates over 180 locations throughout AL, AR, AZ, CA, FL, GA, IL, IN, KS, KY, LA, MI, MO, MS, NC, OH, OK, PA, SC, TN, TX, VA and WV. The chain of restaurants, offering mesquite-grilled chicken, steak-burgers, baby-back ribs, seafood and salad, occupies spaces of 7,200 sq.ft. in freestanding locations. Plans call for one opening in the Atlanta, GA metropolitan area during the coming 18 months, with representation by The Shumacher Group. Typical leases run 10 years with options. Preferred demographics include a population of 150,000 within five miles earning $60,000 as the average household income. A land area of 1.4 to 1.6 acres is required. A vanilla shell and specific improvements are required. Major competitors include Longhorn Steakhouse and Texas Roadhouse. The Golden Corral operates over 500 locations nationwide. The chain of buffetstyle restaurants occupy spaces of 12,000 sq.ft. in freestanding locations. Plans call for one or two openings in the Atlanta, GA metropolitan area during the coming 18 months, with representation by The Shumacher Group. Preferred demographics include a population of 150,000 within five miles earning $50,000 as the average household income. A land area of 2.5 to three acres is required. Major competitors include Ryan’s. The company is franchising. For more information, contact Harold Shumacher, The Shumacher Group, 3188 Saybrook Drive, Atlanta, GA 30319; 404-240-0040, Fax 404-266-9271; Email: harold@shumacher.com; Web site: www.schumacher.com. Chili’s operates more than 1,500 locations nationwide, as well as internationally. The casual dining restaurants prefer to locate in freestanding locations or outparcels of power or lifestyle centers on land areas of 1.4 acres. Growth opportunities are sought throughout IA, southern IL and MO during the coming 18 months, with representation by L3 Corp. Jason’s Deli operates 230 locations throughout 28 states nationwide. The restaurants occupy spaces of 4,800 sq.ft. in strip, power and specialty centers. Growth opportunities are sought throughout St. Louis, MO during the coming 18 months, with representation by L3 Corp. For more information regarding Chili’s, contact Jay Cohen, L3 Corp., 12655 Olive Boulevard, Suite 220, St. Louis, MO 63141; 314-469-7400, Fax 314-576-9768; Email: jay@l3corp.net; Web site: www.l3corp.net. For more information regarding Jason’s Deli, contact Scott Bitney; Email: scott@l3corp.net; Web site: www.jasonsdeli.net. page 6
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Ruby’s Diner operates 38 units throughout CA, HI, NJ, NY, PA and TX. The casual-style family restaurants occupy spaces of 4,000 sq.ft. to 5,000 sq.ft. in endcaps of lifestyle or regional shopping centers, as well as freestanding locations. Growth opportunities are sought throughout suburban areas in southern NJ and Philadelphia, PA during the coming 18 months, with representation by Legend Properties, Inc. Pizza Hut operates 10,000 locations nationwide, as well as internationally. The pizzerias occupy spaces of 10,000 sq.ft. in various retail settings. Growth opportunities are sought throughout Philadelphia, Montgomery, Delaware, Chester, Bucks, Berks, Northampton, Lehigh, Lancaster, Lebanon, Schuylkill, Carbon and Monroe counties in PA, with representation by Legend Properties, Inc. For more information regarding Ruby’s Diner, contact Michael DePetris, Legend Properties, Inc., 521 Plymouth Road, Suite 118, Plymouth Meeting, PA 19462; 215599-0312; Web site: www.lpre.com. For more information regarding Pizza Hut, contact Matt Ryan; 610-941-4034, Fax 610-941-4038. Menchie’s Frozen Yogurt operates over 250 locations nationwide and internationally. The chain of frozen-yogurt shops occupies spaces of 1,200 sq.ft. to 2,000 sq.ft. in regional centers. Growth opportunities are sought throughout the Baltimore, MD metropolitan area, suburbs within VA and Washington, DC during the coming 18 months, with representation by Newmark Grubb Knight. The company prefers locations with high traffic counts and outdoor seating. For more information, contact Edward Goldmeier, Newmark Grubb Knight Frank, 400 East Pratt Street, Suite 710, Baltimore, MD 21202; 410-625-4200; Email: egoldmeier@ngkf.com; Web site: www.ngkf.com. The Krystal Co. trades as Krystal at 365 locations nationwide. The chain of quickserve restaurants occupies spaces of 1,800 sq.ft. in freestanding buildings on land areas of 0.60 acres. Growth opportunities are sought throughout GA during the coming 18 months. Preferred area demographics include a population of 30,000 within three miles, earning $20,000 to $70,000 as the median household income. Preferred average daily traffic counts include 25,000 vehicles. For more information, contact James Throckmorton, The Krystal Co., One Union Square, Chattanooga, TN 37402; 404-5498924; Email: jthrockmorton@krystalco.com; Web site: www.krystal.com. Dealmakers
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McDonald’s USA, LLC trades as McDonald’s at more than 33,000 locations worldwide. The quick-serve restaurants occupy spaces of 3,900 sq.ft. to 4,400 sq.ft. in freestanding buildings on land areas of one acre. Growth opportunities are sought throughout AL, GA, Chattanooga, TN and Columbia and Charleston, SC during the coming 18 months. For more information, contact Linda Bergmann, McDonald’s USA, LLC, One Glenlake Parkway, Suite 500, Atlanta, GA 30328; 770-885-4178, Fax 770-885-4085; Email: linda.bergmann@us.mcd.com. Sarku Japan operates over 200 locations nationwide. The chain of Japanese-inspired restaurants occupies spaces of 1,600 sq.ft. to 2,000 sq.ft. in endcaps and inline spaces of shopping centers, as well as street fronts. Growth opportunities are sought throughout central and northern NJ and Rockland and Staten Island, NY during the coming 18 months, with representation by Summit Realty, LLC. Preferred area demographics include a population of 10,000 within two miles. For more information, contact Bob Delia, Summit Realty, LLC, 9 White Oak Drive, Califon, NJ 07830; 908-832-0276; Email: bdelia@summitrealtyllc.com; Web site: www.summitrealtyllc.com. Garbanzo operates 14 locations throughout CO. The chain of contemporary Mediterranean restaurants occupies spaces of 2,200 sq.ft. to 2,500 sq.ft. in regional and strip centers, as well as on outlots. Growth opportunities are sought throughout central and northern NJ during the coming 18 months, with representation by The Goldstein Group. For more information, contact Neil Goldstein, The Goldstein Group, 45 Eisenhower Drive, Paramus, NJ 07652; 201-703-9700 Ext. 112, Fax 201-703-9678; Email: ngoldstein@thegoldsteingroup.com; Web site: www.thegoldsteingroup.com. Marble Slab Creamery operates 333 locations nationwide. The ice cream shops occupy spaces of 1,200 sq.ft. in various retail settings. Growth opportunities are sought throughout GA during the coming 18 months, with representation by Global Franchise Group. Preferred area demographics include a population of 50,000 within three miles earning $50,000 as the median household income. For more information, contact Corinna Ragsdale, Global Franchise Group, 1346 Oakbrook Drive, Suite 170, Norcross, GA 30093; 770-574-4857; Email: D cragsdale@gfgmanagement.com. M
Exclusives and Leasing Assignments
Sources of Financing
Real Estate Professionals Making the News Cassidy Turley (404-682-3381) hired Lee Black as executive managing director, Jared Smits as vice president and Yvonne Ayala as senior associate in the company’s Los Angeles, CA office. In his new role, Black will oversee the project management of national and regional accounts and implement marketing initiatives for existing and new business. Black, Smits and Ayala all served at NAI Capital prior to joining the company. Brad Blankenship was hired as managing director of project and development services. In his new role, he will provide strategic leadership and day-to-day project oversight. Prior to joining the company, Blankenship served as managing director at Jones Lang LaSalle. The company specializes in capital market, tenant representation, corporate services, project leasing, property management, project and development, research and consulting services. Bennett Williams Realty, Inc. (717-8435555) has appointed David Schad, Chad Stine, Robert Behler, Chris Seitz and Dennis Neiman as board of directors. The company, based in central PA, is a full-service brokerage firm specializing in commercial, industrial, retail, property management and client advisory services throughout the Mid-Atlantic region of the U.S. CRE Florida Partners, LLC (754-444-0940) was recently launched by Michael Rauch, Tom Robertson and Jack Lupo. The company will specialize in brokerage and investment services, private equity and trust, corporate representation, property and asset management and valuation and advisory services D throughout FL. M
CR&M Commercial Realty (312-477-0330) is representing the following retailers with expansion plans throughout Chicago, IL: Advance Auto Parts occupying spaces of 6,000 sq.ft. to 7,500 sq.ft.; Binny’s Beverage Depot using spaces of 20,000 sq.ft. to 30,000 sq.ft.; GNC utilizing spaces of 1,000 sq.ft. to 1,800 sq.ft.; Title Club Boxing in spaces of 5,500 sq.ft. to 6,500 sq.ft.; T-Mobile using spaces of 1,200 sq.ft. to 2,000 sq.ft.; Dots occupying spaces of 4,000 sq.ft. to 6,000 sq.ft.; Cash America International using spaces of 4,000 sq.ft. to 6,000 sq.ft.; Play ‘N Trade utilizing spaces of 1,000 sq.ft. to 1,800 sq.ft.; Which Wich using spaces of 1,500 sq.ft. to 1,800 sq.ft.; Titled Kilt in spaces of 5,500 sq.ft. to 6,500 sq.ft.; Noodles & Co. in spaces of 2,600 sq.ft. to 2,800 sq.ft.; The Weave Shop occupying spaces of 1,400 sq.ft. to 1,800 sq.ft.; Monkey Joe’s in spaces of 14,000 sq.ft. to 16,000 sq.ft.; Sears Apparel occupying spaces of 10,000 sq.ft. to 15,000 sq.ft. and Seattle’s Best utilizing spaces of 800 sq.ft. to 1,500 sq.ft. NewQuest Properties (281-477-4300) is representing the following companies with expansion plans through Houston,
TX: Petco in spaces of 15,000 sq.ft.; Ulta occupying spaces of 10,000 sq.ft.; Pizza Hut using spaces of 1,200 sq.ft.; Taco Bell utilizing land areas of 35,000 sq.ft. to 40,000 sq.ft.; Lane Bryant in spaces of 4,000 sq.ft. to 4,500 sq.ft.; European Wax Center occupying spaces of 1,500 sq.ft.; Golf Galaxy utilizing spaces of 15,000 sq.ft. and KFC using land areas of 35,000 sq.ft. to 45,000 sq.ft. Henry S. Miller Brokerage, LLC (713-3861088) is representing Fallas Discount Store with its expansion plans throughout FL and TX. The chain of family apparel stores occupies spaces of 18,000 sq.ft. to 30,000 sq.ft. in endcaps of shopping centers or freestanding locations. Preferred area demographics include a population of 50,000 within three miles earning $25,000 to $50,000 as the average household income. Snable Consulting Services (905-822-2471) is representing Famous Footwear with its expansion plans throughout Canada. The shoe stores occupy spaces of 4,500 sq.ft. to 6,000 sq.ft. in regional malls and lifestyle centers and of 5,000 sq.ft. to 6,000 sq.ft. in power D M and strip centers.
Prime Retail
NEED
View Point Bank offers financing from $2 million to $30 million for retail, office, residential, industrial and self-storage centers throughout TX. Loans feature three to fiveyear terms, amortization period of 25 to 30 years, and a loan-to-value rate of 65% to 75%. For more information, contact Patrick Ramsier, Ross Lyle, Richard Dopson or Richard Miller, Jr., View Point Bank; 972-8015832/5825/214-368-8526/713-914-8060; Emails: patrick.ramsier@viewpointbank.com; ross.lyle@viewpointbank.com; richard.dopson@viewpointbank.com and richard.miller@viewpointbank.com; Web site: www.viewpointbank.com.
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LAND/PAD SITES 15,000 sq. ft. - Little Egg Harbor NJ (land) 5,500 sq. ft. - Delran NJ (pad site)
Hackensack Parsippany naihanson.com 350 Offices Worldwide 201 488 5800 www.dealmakers.net
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Home-Related Chains Expand Nationwide
Lease Signings
(continued from page one)
Rocky’s Hardware & Home Center operates 33 locations throughout CT, FL, MA, NH and RI. The home improvement stores, offering hardware, hand and power tools, electrical and plumbing items, pet supplies and outdoor products, occupy spaces of 12,000 sq.ft. to 15,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 10 years with two, five-year options. A vanilla shell and specific improvements are required. Preferred demographics include a population of 25,000 within two miles earning $75,000 as the average household income. Major competitors include Home Depot and Lowe’s Home Improvement. For more information, contact Rocco Falcone, Rocky’s Hardware & Home Center, 40 Island Pond Road, Springfield, MA 01118; 413-781-1650 Ext. 300, Fax 413-3048001; Email: info@rockys.com; Web site: www.rockys.com. W.E. Aubuchon Co., Inc. trades as Aubuchon Hardware at 120 locations throughout MA, ME, NH, the Adirondack area of NY and VT. The stores, offering paints, electrical, plumbing and heating and cooling supplies, as well as outdoor, farm and pet products, occupy spaces of 8,500 sq.ft. to 11,000 sq.ft. in freestanding locations and endcaps of strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 10 years with three, five-year options. Major competitors include independent hardware and big box retailers. The company prefers to locate in secondary and rural markets and requires 1,500 sq.ft. for an outside storage area. For more information, contact Gregory Moran, W.E. Aubuchon Co., Inc., 95 Aubuchon Drive, Westminster, MA 01473; 978-874-6578; Email: gmoran@aubuchon.com. The Tile Shop operates 50 locations throughout DE, GA, IA, IL, IN, KS, KY, MD, MI, MN, MO, NC, NE, NJ, NY, OH, TN, VA and WI. The stores, offering natural stone, floor and wall tiles, mosaics, home accents, and related tools and supplies, occupy spaces of 20,000 sq.ft. in power and strip centers. Growth opportunities are sought throughout the St. Louis, MO metropolitan area during the coming 18 months, with representation by L3 Corp. For more information, contact Jay Cohen, L3 Corp., 12655 Olive Boulevard, Suite 220, St. Louis, MO 63141; 314-469-7400, Fax D M 314-576-9768. page 8
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Kowit & Passov Real Estate Group (216514-5100) negotiated the following leases throughout OH: with Granite City Food & Brewery for 10,921 sq.ft. at Legacy Village in Lyndhurst, with the company representing the tenant in the transaction; with Title Boxing Club for 6,450 sq.ft. at The Shoppes at Alpha Place in Highland Heights, with the company representing both the tenant and the landlord in the transaction; with Elements Therapeutic Massage for 2,014 sq.ft. at The Market Place in Avon, with the company representing the tenant in the transaction; with Sprint for 4,167 sq.ft. at The Hilltop Plaza in Richmond Heights, with the company representing the landlord in the transaction; with Aaron’s for 7,200 sq.ft. at Barberton Shopping Center in Barberton, with the company representing the tenant in the transaction; with Revol Wireless for 1,035 sq.ft. at Vine Plaza in Eastlake, with the company representing the landlord in the transaction; with Frogen Yozurt for 1,600 sq.ft. at Wadsworth Commons in Wadsworth, with the company representing the landlord in the transaction; with Famous Footwear for 5,500 sq.ft. at Cascades of Brimfield in Brimfield, with the company representing the landlord in the transaction; with Luxury Nail and Spa for 1,066 sq.ft. at Plaza 91 at Ellet Park in Akron, with the company representing the landlord in the transaction and with Travel Masters for 735 sq.ft. at Dover Commons in Bay Village, with the company representing the landlord in the transaction. Brixmor Property Group (212-869-3000) negotiated the following leases: with Five Below for 8,095 sq.ft. at South Towne Center, located along Miamisburg-Centerville Road/ Route 725 in Dayton, OH, with Anchor Associates representing the tenant in the transaction; with 1st Franklin Financial for 1,400 sq.ft. at Banks Station, located at the intersection of Glynn Street North/Highway 85 and Banks Road in Fayetteville, GA; with Whipped Up for 1,500 sq.ft. at Five Points, located at the intersection of Five Points Road/ Highway 77 and Northwest Boulevard/Route 624 in Corpus Christi, TX; with Woorizip Japanese for 1,000 sq.ft. at Country Hills Shopping Center, located at the intersection of Crenshaw Boulevard and Rolling Hills Road in Torrance, CA; with Allure Dressed Best for 5,000 sq.ft. at The Centre at Preston Ridge, located at the intersection of Preston Road/Route 289 and Gaylord Parkway in Frisco, TX; with Supercuts for 1,316 sq.ft. at Ocean View Plaza in San Clemente, CA; with Massage Envy for 3,075 sq.ft., with Mattress Closeout Center for 6,756 sq.ft. and Yogurt City for 2,000 sq.ft. at Hampton Dealmakers
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Village Centre, located along Rochester Road in Rochester Hills, MI and with Xing Xing Spa for 1,655 sq.ft. at Kimberly West Shopping Center, located at the intersection of Pine Street and West Kimberly Road in Davenport, IA. DeRito Partners (480-834-8500) negotiated the following leases throughout AZ: with T-Mobile for 1,240 sq.ft. at the Pavilion at Talking Stick, located at the intersection of Loop 101 and Indian Bend Road in Scottsdale; with Hooters for 9,230 sq.ft. at Metro Center, located along North Metro Parkway East in Phoenix; with Pet Club for 5,900 sq.ft. at the intersection of Loop 303 and Bell Road in Surprise and for 7,520 sq.ft. at Maricopa Marketplace, located along North John Wayne Parkway in Maricopa; with Arizona Premier Ski Shop for 21,000 sq.ft. at the intersection of 87th and Raintree in Scottsdale; with Styles for Less for 3,000 sq.ft. at Anthem Outlets, located at the intersection of Anthem Parkway and Interstate 17 in Anthem and with Tortilla Fish for 950 sq.ft. located at the intersection of Elliot and Priest in Tempe. Mid-America Real Estate-Michigan, Inc. (248-855-6800) negotiated a lease with Ace Academy for 1,377 sq.ft. at The Shops at Woodward Place, located at the intersection of Woodward Avenue and Sears Street in Highland Park, MI. The company represented the landlord, Woodward Place, LLC, in the transaction. The company also negotiated leases with Ollie’s Bargain Outlet and The Salvation Army at the site of a former Farmer Jack along Telegraph Road in Taylor, MI. New England Retail Properties, Inc. (860529-9000) negotiated a lease with Little Caesars at Colonial Plaza Shopping Center, a 220,000 sq.ft. neighborhood shopping center located along Thomaston Avenue in Waterbury, CT. The company represented the landlord and LeFebvre Realty, Inc. D represented the tenant in the transaction. M
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Lead Sheet Bergey’s, Inc. dba Bergey’s Henry Bergey 462 Harleysville Pike Souderton, PA 18964 215-723-6071, Fax 215-723-4963 Web site: www.bergeys.com
Automotive The 17-unit chain operates locations throughout DE, MD, NJ, PA and VA. The automotive dealerships occupy spaces of 6,000 sq.ft. in freestanding locations. Limited growth opportunities are sought throughout the existing markets during the coming 18 months.
Realty Investors, Inc. dba Tire Choice Michael Glusman 7740 Montecito Place Delray Beach, FL 33446 561-865-9143, Fax 561-499-8101 Email: maglusman@aol.com
Automotive The 34-unit chain operates locations throughout FL. The automotive tire and service centers occupy spaces of 5,250 sq.ft. to 6,250 sq.ft. in various retail settings. Growth opportunities are sought throughout Broward and Palm Beach counties in FL during the coming 18 months. Preferred cotenants include Home Depot, Target and Walmart. Major competitors include Tire Kingdom and Bridgestone/Firestone. The company will either acquire sites or seek a ground lease.
Honey Farms, Inc. dba Honey Farms Dave Murdock 505 Pleasant Street Worcester, MA 01609-1821 508-753-7678, Fax 508-753-5388 Email: dmurdock@hfstores.com Web site: www.myhoneyfarms.com
Convenience The 36-unit chain operates locations throughout MA and NH. The convenience stores occupy spaces of 1,500 sq.ft. to 4,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. A land area of 1.5 acres is required.
Petroleum Marketing Group, Inc. dba Shell, Exxon, Mobile, Sunoco, BP, Gulf and Citgo Jeff Bucaro 12680 Darby Brook Court Woodbridge, VA 22192-2457 703-494-5800, Fax 703-494-5839 Web site: www.petromg.com
Convenience The 500-unit chain operates locations throughout MD, NJ, VA and Washington, DC. The convenience stores, with gasoline facilities, occupy freestanding buildings on a land area of one to 1.5 acres. Growth opportunities are sought throughout the Mid-Atlantic region of the U.S. during the coming 18 months.
Quick Chek Corp. dba Quick Chek Foodstores Jeff Albanese 3 Old Highway 28 Whitehouse Station, NJ 08889 908-534-7272, Fax 908-534-7216 Email: jalbanese@qchek.com Web site: www.quick-chek.com
Convenience The 131-unit chain operates locations throughout NJ and the Hudson Valley area of NY. The convenience stores, with gasoline facilities, occupy spaces of 4,500 sq.ft. to 7,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. A land area of one acre is required. Preferred demographics include a daytime population of 7,500 and a residential population of 12,500. The company prefers to acquire sites or build-to-suits and to locate at signalized intersections.
Sunshine Food Mart Joe Fields 402 High Point Drive Cocoa, FL 32926 321-631-0245, Fax 321-633-0467
Convenience The 100-unit chain operates locations throughout FL. The convenience stores, with gasoline facilities, occupy spaces of 2,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing market during the coming 18 months.
www.dealmakers.net
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Lead Sheet Ollie’s Bargain Outlet Jerry Altland 6295 Allentown Boulevard, Suite 1 Harrisburg, PA 17112 717-657-2300 Ext. 2511, Fax 717-651-1376 Email: jaltland@ollies.us Web site: www.olliesbargainoutlet.com
Discounts The 130-unit chain operates at locations throughout DE, IN, KY, MD, MI, NC, NJ, NY, OH, PA, SC, TN, VA and WV. The stores, offering closeout, surplus and salvage merchandise, occupy spaces of 25,000 sq.ft. to 30,000 sq.ft. in strip and value centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run five years with three, five-year options. Specific improvements are required. Preferred cotenants include grocery stores. Preferred demographics include a population of 80,000 within 10 miles earning $40,000 to $45,000 as the average household income. Major competitors include Big Lots. The company prefers to locate in second-generation spaces within suburban areas.
T&E Stores, Inc. dba Telco Stores Ted Serure 6014 11th Avenue Brooklyn, NY 11219 718-853-5050, Fax 718-853-4019 Email: teddy@telcostores.com
Discount The eight-unit chain operates locations throughout NY. The stores, offering discount apparel and housewares, occupy spaces of 7,000 sq.ft. to 15,000 sq.ft. in strip and value centers, as well as urban/downtown areas. Plans call for two openings throughout NJ and NY during the coming 18 months. Typical leases run 15 years. Major competitors include Conway and Shoppers World.
Liberty Drug, Inc. dba Jerry’s Pharmacy, Liberty Drug and More Than Medicine Brian Harrison PO Box 362 Carnegie, OK 73015 580-654-1111, Fax 580-654-1229
Drug Store The four-unit chain operates locations throughout OK. The drug stores occupy spaces of up to 5,000 sq.ft. in strip and value centers, as well as downtown areas. Growth opportunities are sought throughout the existing market during the coming 18 months.
ABC Warehouse Group dba Mickey Shorr Dave Gronbach One West Silverdome Industrial Park Pontiac, MI 48343 248-335-4222, Fax 248-335-2568
Electronics The 16-unit chain operates locations throughout MI. The stores, offering car electronics, occupy spaces of 2,500 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout southeastern MI during the coming 18 months. Typical leases run five years with two, five-year options.
Best Buy Canada, Ltd. dba Best Buy Canada Ltd., Future Shops and Best Buy Mobile Geoff Stollery 8800 Glenlyon Parkway Burnaby, British Columbia, Canada V5J 5K3 604-456-8264, Fax 604-412-5215 Email: gstollery@bestbuycanada.ca Web site: www.futureshop.ca
Electronics The 277-unit chain operates locations throughout Canada. The stores, offering appliances, computers, electronics, cell phones, DVD’s and musical instruments, occupy spaces of 8,000 sq.ft. to 20,000 sq.ft. in freestanding locations, power centers and downtown areas. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run 10 years. The company will also consider spaces as small as 1,000 sq.ft.
Cellular Sales Marc Mandel c/o Fameco Real Estate 625 West Ridge Pike, Building A, Suite 100 Conshohocken, PA 19428 610-834-8000, Fax 610-834-1793 Email: mmandel@fameco.com Web site: www.famecoretail.com
Electronics The 450-unit chain operates locations throughout the southern, Midwestern and Mid-Atlantic regions of the U.S. The stores, offering cellular phones, accessories and related services, occupy spaces of 2,000 sq.ft. to 6,000 sq.ft. in freestanding locations and endcaps and inline spaces of shopping centers. Growth opportunities are sought throughout DE, NJ and from central to eastern PA during the coming 18 months, with representation by Fameco Real Estate. The company prefers to locate in areas with high visibility.
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Lead Sheet Cash America International, Inc. dba Mr. Payroll Corp. 1600 West 7th Street Ft. Worth, TX 76102-2599 800-322-3250, Fax 817-258-2815 Web site: www.mrpayroll.com
Finance The 106-unit chain operates locations throughout the Midwestern, southern, western and northeastern regions of the U.S. The check cashing and financial service centers occupy spaces of 48 sq.ft. to 64 sq.ft. in kiosks and 400 sq.ft. to 1,000 sq.ft. in freestanding locations and inline spaces of strip centers. Growth opportunities are sought throughout CA, FL, NY, OH, PA and VA during the coming 18 months. Expansion is franchise-driven.
Crunch Fitness John Mitchell c/o JBG Rosenfeld Retail Properties, LLC 4445 Willard Avenue, Suite 700 Chevy Chase, MD 20815 301-657-0700 Email: jmitchell@jbgr.com Web sites: www.jbgr.com and www.crunch.com
Fitness The 40-unit chain operates locations throughout CA, CT, FL, NJ, NY, OR, TX, VA, WA and Washington, DC. The fitness centers occupy spaces of 12,000 sq.ft. to 60,000 sq.ft. in various retail settings. Growth opportunities are sought throughout MD, VA and Washington, DC during the coming 18 months, with representation by JBG Rosenfeld Retail Properties, LLC.
Party City Rob Samtmann c/o Equity Retail Brokers 101 West Elm Street, Suite 370 Conshohocken, PA 19428 610-645-7700 Ext. 108, Fax 610-645-5454 Email: rsamtmann@equityretailbrokers.com Web site: www.equityretailbrokers.com
Party Supplies The 600-unit chain operates locations nationwide and in Puerto Rico. The party supply stores occupy spaces of 12,000 sq.ft. to 14,000 sq.ft. in endcaps and inline spaces of shopping centers. Growth opportunities are sought throughout southern NJ during the coming 18 months, with representation by Equity Retail Brokers.
Kahoots Pet Store Phil Berry c/o Commercial West Brokerage 2443 East Coast Highway Corona Del Mar, CA 92625 949-723-7301 Email: pberry@commercialwest.com Web site: www.commercialwest.com
Pet Supplies The 22-unit chain operates locations throughout San Diego, Riverside, San Bernardino, Orange, Ventura and Los Angeles, CA. The pet supply stores occupy spaces of 6,000 sq.ft. to 8,000 sq.ft. in various retail settings. Growth opportunities are sought throughout Orange County, CA during the coming 18 months, with representation by Commercial West Brokerage.
PetSmart Craig Wielansky c/o L3 Corp. 12655 Olive Boulevard, Suite 220 St. Louis, MO 63141 314-469-7400, Fax 314-576-9768 Email: craig@l3corp.net Web site: www.l3corp.net
Pet Supplies The 1,232-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 power and strip centers. Growth opportunities are sought throughout AR, KS, LA, MO, MS, OK and TX during the coming 18 months, with representation by L3 Corp.
Boot Barn, Inc. dba Boot Barn Aaron Browning 15776 Laguna Canyon Road Irvine, CA 92618 949-453-4400, Fax 949-453-4401 Email: abrowning@bootbarn.com Web site: www.bootbarn.com
Shoes The 118-unit chain operates locations throughout AZ, CA, CO, FL, GA, IA, ID, IN, MN, MT, NC, ND, NM, NV, OR, SD, TN, UT and WI. The stores, offering western footwear and apparel, occupy spaces of 8,000 sq.ft. to 12,000 sq.ft. in freestanding locations, mixed-use and strip centers. Plans call for 10 to 12 openings annually throughout the existing markets, in addition to KY, MN, NE, and WY.
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Lead Sheet Brown Group Retail dba Famous Footwear Robert Grahamslaw 151 Fries Mill Road, Suite 505 Turnersville, NJ 08012 856-232-8160, Fax 856-232-8168 Email: rgrahamslaw@brownshoe.com Web site: www.brownshoe.com
Shoes The 1,400-unit chain operates locations nationwide. The stores, offering brand-name family footwear, occupy spaces of 5,000 sq.ft. to 6,000 sq.ft. in malls, lifestyle and strip centers, as well as street fronts. Plans call 60 openings throughout the existing market during the coming 12 months. A vanilla shell is required. Preferred cotenants include Target, Kohl’s, JCPenney, T.J. Maxx, Marshalls and Bed Bath & Beyond. Preferred demographics include a population of 120,000 within five miles earning $50,000 as the average household income.
Famous Footwear Tom Woods or Brian Woods c/o Colliers International 2390 East Camelback Road, Suite 100 Phoenix, AZ 85016 602-222-5000, Fax 602-222-5001 Emails: tom.woods@colliers.com and brian. woods@colliers.com Web site: www.colliers.com/phoenix
Shoes The 1,100-unit chain operates locations nationwide. The shoe stores occupy spaces of 7,000 sq.ft. in power centers. Growth opportunities are sought throughout AZ during the coming 18 months, with representation by Colliers International. Preferred cotenants include SuperTarget and Walmart Supercenter.
Warehouse Shoe Sale Sam Kangavari c/o Rosano Partners 700 South Flowers Street, Suite 2920 Los Angeles, CA 90017 213-802-0222, Fax 310-862-1818 Email: skangavari@rosanopartners.com Web site: www.rosanopartners.com
Shoes The 58-unit chain operates locations throughout southern CA. The stores, offering family footwear, apparel and accessories, occupy spaces of 8,000 sq.ft. to 12,000 sq.ft. in freestanding locations and endcaps of shopping centers. Growth opportunities are sought throughout southern CA during the coming 18 months, with representation by Rosano Partners. The company will either acquire or lease sites.
LA Boxing Florian Suserman c/o The Goldstein Group 45 Eisenhower Drive Paramus, NJ07652 201-703-9700 Ext. 123, Fax 201-703-9678 Email: fsuserman@thegoldsteingroup.com Web site: www.thegoldsteingroup.com
Specialty The 75-unit chain operates locations nationwide. The training facilities, offering a variety of classes for beginners to professional boxers and mixed martial artists, occupy spaces of 4,000 sq.ft. to 5,000 sq.ft. in freestanding locations, strip centers and urban/downtown areas. Growth opportunities are sought throughout central and northern NJ during the coming 18 months, with representation by The Goldstein Group. Preferred demographics include a population of 100,000 within five miles earning $50,000 as the average household income.
Omaha Steaks Maria Rita Aristone c/o Legend Properties, Inc. 521 Plymouth Road, Suite 118 Plymouth Meeting, PA 19462 856-231-1010 Web site: www.lpre.com
Specialty The 78-unit chain operates locations throughout AZ, CA, CO, CT, FL, GA, IL, IN, KS, KY, MA, MD, MI, MN, MO, NC, NE, NJ, NV, NY, OH, OK, PA, RI, TN, TX, VA and WI. The stores, offering premium steaks and gourmet foods, occupy spaces of 1,000 sq.ft. to 1,500 sq.ft. in lifestyle centers. Growth opportunities are sought throughout DE; central and southern NJ and eastern and southeastern PA during the coming 18 months with representation by Legend Properties, Inc.
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 12
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Chino Hills – The Shoppes at Chino Hills, located at the intersection of Grand Avenue and Peyton Drive, has spaces of 3,500 sq.ft., 3,975 sq.ft. and 6,139 sq.ft. available. Cotenants include Forever 21, Barnes & Noble, Yardhouse, Wood Ranch and H&M. Area demographics include a population of 297,303 within five miles earning 89,747 as the average household income. Lake Forest – The Orchard at Saddleback, a 280,000 sq.ft. strip center located at the intersection of El Torro Road and Rockfield Boulevard, has spaces of 1,214 sq.ft., 2,000 sq.ft. and 12,250 sq.ft. available. Cotenants include Ralphs, PetSmart, Staples and Home Goods. Area draws include Laguna Hills Mall. Area demographics include a population of 280,027 within five miles earning $87,701 as the average household income. For more information, contact Cameron Crowner, Epsteen & Associates, 1429 4th Street, Santa Monica, CA 90401; 310451-8171 Ext. 240, Fax 310-395-6361; Email: ccrowner@epsteen.com; Web site: www.epsteen.com.
112th Avenue and 152nd Street, has spaces of 1,700 sq.ft. and 13,200 sq.ft. available. Cotenants include Bravo Supermarket, CVS, Family Dollar, Citibank, Quest Diagnostics, Metro PCS, Subway and McDonalds. Area demographics include a population of 344,647 within five miles earning $84,916 as the average household income. For more information, contact Jorge Ventura, Redevco Management, 11098 Biscayne Boulevard, Suite 103, Miami, FL 33161; 646-320-1590, Fax 305-891-0003; Web site: www.redevco.org.
630-472-1019; Email: jsutryk@edgemarkllc. com and mfredericks@edgemarkllc.com; Web site: www.edgemarkllc.com.
Connecticut New Milford – Pad sites are available along Larson Road. Area retailers include Tractor Supply Co., Home Goods, Kohl’s, PetSmart, Panera Bread, Famous Footwear, Stop & Shop, Walmart, Dollar Tree, T.J. Maxx, Staples, Home Depot and Aldi. Area demographics include a population of 164,439 within 10 miles earning $102,469 as the average household income. The average daily traffic counts is 30,000 vehicles. For more information, John Merritt, Merritt Commercial Realty, 914-763-6850, Fax 914763-6850; Email: johncmerritt@gmail.com; Web site: www.jcmerritt.com.
Florida Miramar – Miramar Parkway Plaza, a 148,541 sq.ft. center located along South University Drive, has inline, ground lease and build-to-suit spaces available. Winn Dixie anchors the center and cotenants include McDonald’s, Foot Locker, Subway and Little Caesars. For more information, contact Steve Miller, The Rotella Group, Inc., 3300 North Federal Highway, Ft. Lauderdale, FL 33306; 954-568-9015, Fax 954-568-9597; Email: steve@rotellagroup.com; Web site: www. rotellagroup.com. Miami – Promenade Plaza, a 70,000 sq.ft strip center located at the intersection of page 14
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Illinois Chicago – An 840 sq.ft. space is available along South Franklin. Neighboring retailers include McDonald’s, The Works and Subway. For more information, contact Gwen Callans, Atlas Partners; 312-516-5705; gwen@atlaspartners.com. Chicago – A ground floor space of 6,000 sq.ft. and a second-floor space of 5,850 sq.ft. are available along West Lincoln Avenue. Area retailers include Dominick’s, Apollo Theater, Buffalo Wild Wings, Molly’s Cupcakes and Century Centre Cinema. Area draws include Lincoln Zoo. The average daily traffic count is 10,100 to 12,400 vehicles. The asking rent is $35 to $40 psf with taxes of $5.50 psf. For more information, contact Keith E. Lord, The Lord Cos., LLC, 1033 West Van Buren, 7th Floor, Chicago, IL 60607; 312-9446270 Ext. 19; Email: keith@lordcompanies.com. Chicago – A 3,000 sq.ft. outlot is available at the intersection of 24th Street and Pulaski Road. Area retailers include Advance Auto Parts and Burger King. The average daily traffic count is 14,500 vehicles. For more information, contact Rich Kahan or Tony Kahan, KB Real Estate, Inc., 790 West Frontage Road, Northfield, IL 60093; 847441-4425, 847-441-4424; Emails: rkahan@ kbrealestate.com and tkahan@kbrealestate. com; Web site: www.kbrealestate.com. Elk Grove Village – Elk Crossing, located along Biesterfield Road and Arlington Heights Road, has spaces of 1,200 sq.ft., 2,400 sq.ft. and 3,000 sq.ft. available. Cotenants include Panera Bread, Radio Shack, Subway, Bath & Body Works, GNC, Hallmark, T-mobile, Jewel-Osco and Citi Bank. For more information, contact Joanne Sutryk or Mark Fredericks, Edgemark Commercial Real Estate Services, LLC, 2215 York Road, Oak Brook, IL 60523; 630-472-1010, Fax Dealmakers
www.dealmakers.net
Maryland Brooklyn Park – A site located along Ritchie Highway has a 2,810 sq.ft. space available. Frederick – Shields Plaza, located at the intersection of Shields Drive and Urbana Pike/Route 335, has a pad site of up to 4,500 sq.ft. available. Area retailers include Office Depot and Lowe’s Home Improvement. Area demographics include a population of 98,490 within five miles earning $77,208 as the average household income. The average daily traffic count is 20,800 vehicles. For more information, contact Oxford Chase Retail, 9861 Broken Land Parkway, Suite 201, Columbia, MD 21046; 410-3127222; Web site: www.oxfordchase.net. Columbia – Hickory Ridge Village Center, has spaces of 832 sq.ft. and 1,646 sq.ft. available. Cotenants include Giant. Area demographics include a population of 149,818 within five miles earning $108,074 as the median household income. For more information, contact Scotty Sellman, Kimco Realty, 1954 Greenspring Drive, Suite 330, Timonium, MD 21093; 410-427-4434; Email: ssellman@kimcorealty.com.
Michigan Farmington – Farmington Crossroads, an 86,470 sq.ft. center located along Farmington Road, has spaces of 1,600 sq.ft., 2,135 sq.ft. and 12,500 sq.ft. available. Cotenants at the center include Ollie’s, Dollar Tree, Great Clips, Rainbow Restaurant, Tofu House, Subway, Advance America and Floral Expressions. Area demographics include a population of 209,725 within five miles earning $89,197 as the average household income. Saginaw – Fashion Corners, a 187,832 sq.ft. center located along Bay Road, has spaces of 1,341 sq.ft. to 3,300 sq.ft. available. Cotenants include Best Buy, Bed Bath & Beyond, Lane Bryant, Harbor Freight Tools, Guitar Center, Dunham’s Sports, The UPS Store, Red Wing Shoes, Jimmy Johns and Charley’s Grilled Subs. Area demographics include a population of 93,894 within five miles earning $53,787 as the average household income. For more information regarding Farmington Crossroads, contact Robert Saggese, Brixmor, 22054 Farmington Road, (continued on page sixteen)
Over 7,000
retailers lOOking fOr lOcatiOns How accurate is the information? Online information is updated daily. The CD-ROM is burned the day of your order. All listings are verified by phone, mail or fax with the retailer and updated in the past nine months. What types of chains are in TenantSearch? TenantSearch includes national and regional chains in addition to local chains with 60+ types of retail uses. Can the info be used with other software? All information on the CD-ROM can be exported into Excel, ACT, Access and Ascii. All information from searches on-line can be saved to your hard drive. Do I need any other software? You can use TenantSearch’s self-loading CD-ROM to print reports, labels and letters; look up by name, use, store size, etc., plus you can save searches. You can use any web browser online, access up-to-date information, print letters and save searches. Get the details on over 7,000 retailers. TenantSearch provides: Contact Name for Director of Real Estate; Parent Company; Trade Name(s); Address; Phone; Fax; Email; Web site; Number of Stores in the Chain; States where the stores operate; Projected store openings in the next 18 months; States of interest for new sites; description of merchandise, Customer profile and competition; Demographic requirements; Preferred type of site; Lease terms; Preferred cotenants.
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Farmington, MI 48336; 248-442-5904; Email: robert.saggese@brixmor.com; Web site: www.brixmor.com. For more information regarding Fashion Corners, contact Eric Koche, 248-442-5929; Email: eric.koche@brixmor.com.
Missouri Florissant – Clocktower Place, a 207,317 sq.ft. center located along West Florissant Avenue, has spaces of 1,500 sq.ft. to 9,450 sq.ft. available. Cotenants include Citi Trends, Avenue, Florissant Furniture Mart, Office Depot, Aldi and Family Dollar. Area demographics include a population of 244,277 within five miles earning $49,850 as the average household income. Gladstone – Prospect Plaza, a 190,006 sq.ft. center located along North Prospect Avenue, has a 9,184 sq.ft. space available, as well as a 4,000 sq.ft. pad site. Cotenants include Hobby Lobby, Price Chopper and Salvation Army. Area demographics include a population of 148,030 within five miles earning $67,141 as the average household income.
Missouri
New Jersey
For more information, contact Heather Blacketer, Brixmor, 40 Skokie Boulevard, Suite 600, Northbrook, IL 60062; 913-4384538; Email: heather.blacketer@brixmor.com.
For more information, contact Steven Winters or Jay Miller, Fameco Real Estate, 555 US Highway 1 South, Suite 400, Iselin, NJ 08830; 732-5269104/610-834-8000, Fax 732-526-9101; Emails: swinters@famecoretail.com and jmiller@famecoretail.com.
Mississippi Oxford – Oxford Marketplace, located along West Jackson Avenue, has spaces available from 1,230 sq.ft. to 8,000 sq.ft. Cotenants include Walmart, Goodwill, GameStop, Advance Auto Parts, Radio Shack and Chili’s. For more information, contact George Fox, Wheeler Real Estate Co., 757-627-9088, Email: george@wheelerrec.com.
New Jersey Saddle Brook – A 7,202 sq.ft. restaurant space is available at the intersection of Route 80 and Garden State Parkway. Area retailers include Nordstrom, Macy’s, Chili’s, On the Border, California Pizza Kitchen, Ruby Tuesday, IKEA, Bed Bath & Beyond and Sports Authority. Area demographics include a population of 657,251 within five miles earning $64,738 as the median household income.
New York Baldwin – A 4,000 sq.ft. space is available along Grand Avenue. The average daily traffic count is 31,700 vehicles. For more information, contact Charles Navarro, Breslin Realty Group, 500 Old Country Road, Garden City, NY 11530; 516-741-7400 Ext. 251; Email: cnavarro@breslinrealty.com.
Ohio Middleburg Heights – Southland Shopping Center, a 688,529 sq.ft. shopping center, located along West 130th Street, has spaces available. Giant Eagle, Marc’s, Marshalls, BJ’s Wholesale, Office Max, Jo-Ann Fabrics and Burlington Coat Factory anchor the center. Cotenants include Lenscrafters, Radio Shack, Dollar Tree, Sally Beauty, Check Into Cash, Great Clips, GNC, Avenue, Cato, Dots, Jenny Craig and Petco. Area demographics include a population of 222,730 within five miles earning $57,611 as the average household income. New Boston – Spaces from 1,050 sq.ft. to 80,738 sq.ft. are available along Rhodes Avenue. Area demographics include a population of 36,961 within five miles earning $39,609 as the average household income. For more information regarding Southland Shopping Center, contact Ron McGehee, Brixmor, 953 Hempstead Road, Cincinnati, OH 45231; 513-341-1317; Email: ron.mcgehee@brixmor.com; Web site: www.brixmor.com. For more information regarding the spaces in New Boston, contact Tony Michalak, 513-728-6624; Email: tony.michalak@brixmor.com.
Pennsylvania Etters – Newberry Commons, a 245,803 sq.ft. neighborhood shopping center located along Newberry Commons Drive, has inline and anchor spaces available. Cotenants include Family Dollar, Subway, Curves and H&R Block. Area demographics include a population of 39,976 within five miles earning $69,785 as the average household income. York – York Crossing, located at the intersection of Route 30 and Route page 16
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74, has spaces of 1,800 sq.ft. to 3,600 sq.ft. available. Cotenants include Target, BJ’s Wholesale Club, Logan’s Roadhouse, Metro Bank, McDonalds and Great Clips. Area demographics include a population of 132,522 within five miles earning $61,596 as the average household income. For more information, contact Benjamin M. Chiaro, Rock Commercial Real Estate, 221 West Philadelphia, Street, Suite 19, York, PA 17401; 717-854-5357, Fax 717-854-5367; Email: bchiaro@rockrealestate.net; Web site: www.rockrealestate.net.
at the intersection of State Highway 114 and William D. Tate Avenue, has spaces available of 1,253 sq.ft. to 35,000 sq.ft. Cotenants include Target, Famous Footwear, Hallmark, Mattress Giant, Conn’s, Office Depot, Mimi’s Café, Ross Dress for Less, Cost Plus World Market and Catherine’s. Area demographics include a population of 107,722 within five miles earning $119,449 as the average household income. Also – Park Place, a 94,000 sq.ft. center located at the intersection of State Highway 114 and Park Boulevard, has spaces of 645 sq.ft. to 1,993
sq.ft. available. Cotenants include Subway and Cici’s Pizza. Area demographics include a population of 102,112 within five miles earning $126,363 as the average household income. For more information regarding Grapevine Towne Center, contact Michelle Caplan or Earl Harris, The Weitzman Group, 3102 Maple Avenue, Suite 350, Dallas, TX 75201; 214-954-0600, Fax 214-953-0866; Emails: mcaplan@weitzmangroup.com and eharris@weitzmangroup.com. For more (continued on page eighteen)
Hatfield – Snyder Square, a 114,053 sq.ft. center located along Cowpath Road, has inline and endcap spaces available, pad sites and a 2,400 sq.ft. former restaurant space. Cotenants include Giant, First Niagra Bank, Frankford Cleaners, Images Salon, Snap Fitness, Chinatown Restaurant, Images Nails and Great Clips. Area demographics include a population of 138,113 within five miles earning $86,524 as the average household income. The average daily traffic count is 38,712 vehicles. West Chester – Goshen Village, a 55,075 sq.ft. center located along Paoli Pike has inline and endcps spaces available, as well as pad sites and a former restaurant space. Cotenants include Dream Dinners, Athena Pizzeria, Premier Dentistry, Goshen Cleaners, Sussky Insurance and Inner Balance Yoga. Area demographics include a population of 114,590 within five miles earning $112,520 as the average household income. The average daily traffic count is 23,000 vehicles. For more information regarding Snyder Square, contact Eric Flocco or Dan Silvestri, Interstate Commercial, 14,000 Horizon Way, Suite 100, Mount Laurel, NJ; 856439-9200, Fax 856-439-0404. For more information regarding, Goshen Village, contact Eric Flocco. Philadelphia – Plaza Allegheny, located along West Allegheny Avenue, has spaces of 1,500 sq.ft. to 20,000 sq.ft. available. Area draws include Maria De Los Santos Health Center. For more information, contact Maria Rita Aristone or Jack Reilly, Legend Properties, Inc., 521 Plymouth Road, Suite 118, Plymouth Meeting, PA 19462; 856-231-1010/215-599-0312; Emails: maristone@lpre.com and jreilly@lpre.com.
Texas Grapevine – Grapevine Towne Center, a 330,000 sq.ft. shopping center located www.dealmakers.net
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information regarding Park Place, contact Matt Luedtke, Email: mluedtke@weitzmangroup.com. Harlingen – Ed Carey Plaza, a 23,130 sq.ft. center located along North Ed Carey Drive, has four retail spaces available, as well as 2,970 sq.ft. second generation end cap space and a 3,920 sq.ft. second generation restaurant end cap space. Cotenants include Tmobile, Marble Slab, Quiznos, Advance Cash, Just-A-Cut and Happy Nails. Area retailers include H-E-B, Lowes Home Improvement and Home Depot. Area draws include Valley Baptist Medical Center. Area demographics include a population of 91,556 within five miles earning $47,054 as the average household income. Sugar Land - Pointe West, a proposed shopping center located US Highway 59, has multiple pad sites available. Area retailers include Walgreens, LA Fitness, Dollar Tree, Chili’s, Chick-fil-A, Starbucks, Bank of America and Mattress Firm. Area demographics include a population of 124,499 within five miles earning $103,510 as the median household income.
Houston – Huntwick Village, a 62,230 sq.ft. center located along Cypress Creek Parkway, has spaces of 1,365 sq.ft. to 9,298 sq.ft. available. Cotenants include Leif’s Hair Studio, Orly’s Nails & Spa, Sports Express, Avis Car Rental, It’s a Stitch and H&R Block. Area retailers include Stein Mart, The Container Store, Hobby Lobby, Barnes & Noble, DSW, Ross Dress for Less and T.J. Maxx. Area demographics include a population of 279,367 within five miles earning $89,639 as the average household income. For more information, contact Andrew Lau, Sandor, 480-949-9011;
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Yes!
Texas
For more information regarding Ed Carey Plaza, contact Micha van Marcke or Vanessa Barfuss, Transwestern Retail, 1900 West Loop South, Suite 1300, Houston, TX 77027; 713-270-7700; Emails: micha.van.marcke@transwestern.net and Vanessa.barfuss@transwestern.net. For more information regard Pointe West, contact Tony Armstrong or Craig Varney; Emails: tony.armstrong@transwestern.net or craig.varney@transwestern.net.
Email: alau@sandcapital.net; www.sandordev.com.
Web
site:
Washington, DC Up to 22,317 sq.ft. is available on two levels at the intersection of New York Avenue and 11th Street Northwest. For more information, contact Bill Miller or Alex Walker, Miller Walker Retail Real Estate, 2715 M Street Northwest, Suite 200, Washington, DC 20007; 202-3330339/0079; Emails: bill@millerwalker.com and alex@millerwalker.com.
Wisconsin Racine – A 57,560 sq.ft. freestanding building located at the intersection of Green Bay Road and Washington Avenue is available. For more information, contact Mike Streit or Andy Robbins, ARCORE Real Estate Group, 2803 Butterfield Road, Suite 310, Oak Brook, IL 60523; 630-908-5702, Fax 630-908-5707; Emails: mstreit@arcoregrp.com and arobbins@arcoregrp.com; Web site: D M www.arecoregrp.com.
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What you’ve missed in the last 47 issues
• 2,300,000 locations of retailers with plans to open 150,000 sites • $27 billion to be bought, sold and financed • Leasing activity on over 600 million sq.ft. of retail property
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November 30, 2012
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Dealmakers
www.dealmakers.net
BANKRUPTCY LEASE AUCTION*
(TRANSACTIONS SUBJECT TO BANKRUPTCY COURT APPROVAL)
BELOW MARKET LEASES FOR SALE IN EXTREMELY DESIRABLE NY & NJ LOCATIONS RANGING FROM 17,145+ SQ. FT. TO 54,000+ SQ. FT.
Bid Deadline: Friday, December 7 • Auction Date: Wednesday, December 12 (DATES SUBJECT TO CHANGE)
11 Strategically Positioned Retail Leases – Shopping Center & Street Locations Tremendous Flagship Potential! Store # 105 104 107 214 208
203 202 205 210 215 213
Address Routes 1 & 9 North Paramus Place 165 Route 4 West Totowa Shopping Center, 215 Route 46 West Bay Plaza 2146 Bartow Avenue Queens Place 88‐01 Queens Blvd. 1900 Northern Blvd. 335 Madison Avenue & 44th Street 135 East 57th Street 1775 Broadway & 57th Street 229 West 43rd Street 3 East 18th Street
Lease Overview City ST Elizabeth
Paramus Totowa Bronx
Elmhurst
Manhasset New York New York New York New York New York
NJ
NJ
Total SF
Expiration
Options
32,800
2/14/2024
41,000
10/31/2019
2x5
26,500
1/31/2022
3x5
NJ
23,777
NY
19,385
NY NY NY NY NY NY NY
25,000 17,200 54,000 23,250 24,000 17,145
2/28/2022
9/30/2016
1/31/2028 6/30/2014 1/31/2016 8/31/2017 12/31/2025 10/31/2021
2x5 2x5
1x5 1x5 1x5 1x4
*Disclosure‐Pursuant to an Order dated August 8, 2012, of the United States Bankruptcy Court presiding over the Chapter 11 case, Case #12‐13312( MG) In Re Daffy’s Inc. (“Daffy’s”), Daffy’s was authorized to sell certain assets to Jericho Acquisition l, LLC (“Jericho”) including but not limited to its interest in certain real property leases. Jericho has retained GA Keen Realty Advisors, LLC and Keen Realty, LLC to conduct an auction in order to sell these real property leases acquired from Daffy’s.
For Additional Information Including Lease Documents, Please Visit www.greatamerican.com/keen or Contact:
Ga Keen realty advisors, LLc and Keen realty, LLc T: 646-381-9222 greatamerican.com/keen Daffys@greatamerican.com
Disclaimer: All information is from the client and/or other sources deemed reliable and has not been independently verified. No representation, warranty or guarantee, expressed or implied or by operation of law, is made as to the accuracy, reliability, or completeness of this information. This material is submitted subject to errors, omissions, changes, prior sales, or withdrawals without notice. All transactions are subject to Bankruptcy Court approval.
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