Reporting The Nation’s Weekly News on Retailing & Retail Real Estate
Volume XXIV No. XLVII
December 11, 2009
Apparel Chains Expand Nationwide 10 Spot / Madrag operates 40 locations throughout CT, FL, MA, NJ, NY, PA and RI. The stores, offering discounted women’s plus size and juniors’ apparel, occupy spaces of 4,000 sq.ft. to 6,000 sq.ft. in malls, urban/downtown areas and power and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 10 years with options. A vanilla shell and specific improvements are required. Preferred cotenants include supermarkets. Preferred demographics include a population of 100,000 within three miles earning $35,000 to $50,000 as the average household income. For more information, contact Nathan Hoffman, 10 Spot / Madrag, 30 Seaview Drive, Secaucus, NJ 07094; 201-319-1400 Ext. 118, Fax 201-319-0111; Email: nathan@10spotplus.com; Web site: www.10spotplus.com. My Suit operates two locations in New York and White Plains, NY. The stores, offering tailored suits for men, occupy spaces of 3,000 sq.ft. to 4,000 sq.ft. in downtown areas. Growth opportunities are sought throughout the Financial District, Rockefeller Center and Columbus Circle areas in New York, NY during the coming 18 months, with representation by Winick Realty Group. For more information, contact Young Byunn, Winick Realty Group, 655 Third Avenue, 8th Floor, New York, NY 10017; 212-7922645; Email: young@winick.com; Web site: www.mysuitny.com.
Dots, LLC trades as Dots at 400 locations throughout the Northeast, Midwest, Southeast and Mid-Atlantic, as well as TX. The stores, offering women’s apparel at affordable prices, occupy spaces of 4,000 sq.ft. to 5,000 sq.ft. in lifestyle, power, specialty and strip centers. Plans call for 50 openings throughout the northeastern, midwestern, southeastern and southern regions of the U.S. during the coming 18 months. Typical leases run five years with three, five-year options. A vanilla shell is required. Preferred cotenants include grocery stores, Target and Walmart. Preferred demographics include a population of 90,000 within three miles earning $45,000 to $55,000 as the average household income. For more information, contact John Clark, Dots, LLC, 30300 Emerald Valley Parkway, Glenwillow, OH 44139; 440-349-7744, Fax 440-349-7004; Emails: realestate@dots.com, jclark@dots.com and kkoenig@dots.com; Web site: www.dots.com. Griffin 88 Stores, Inc. trades as Hi-Lites at 15 locations throughout NC and SC. The stores, offering women’s and juniors’ sportswear, occupy spaces of 2,000 sq.ft. to 3,000 sq.ft. in urban/downtown areas and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. For more information, contact Todd Griffin, Griffin 88 Stores, Inc., PO Box 88, Polkton, NC 28135; 704-272-8021, Fax 704-272-8028. (continued on page forty)
This issue contains information on:
* Retailers operating 30,448 locations with plans to open 2,971 sites * Real estate valued in excess of $122.32 million to be bought, sold & financed * Leasing activity on over 16.744 million sq.ft. of retail properties
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Featuring ICSC New York National Conference New Construction M&M Realty Partners is redeveloping a center in Brick, NJ................................ Pg. 4 Observations & Conversations Pg. 6 Profile|The Feil Organization Pg. 8 Profile|Ziff Properties, Inc..... Pg. 10 Buyers & Sellers Pyramid Brokerage Co. is selling four properties in Baldwinsville, NY.................. Pg. 12 Food Retailers Expand Amorino Gelato looks for sites in Manhattan, NY.................. Pg. 14 Openings 7-Eleven looks for sites throughout CA and NY.......... Pg. 16 Exclusives Charter Realty & Development named exclusive leasing agent for Walpole Mall in Walpole, MA......................... Pg. 24 In The News SRS Real Estate Partners hired Greg George as a vice president Pg. 28 Lease Signings Cedar Shopping Centers negotiated three leases with Giant Food Stores.................. Pg. 28 Space Place........................... Pg. 56 Lead Sheet AutoZone looks for sites nationwide............................ Pg. 69 Basis plans to open in Manhattan, NY...................... Pg. 72 NY National Conference & Deal Making Floor Plan........ Pg. 76 Most Valuable Players........... Pg. 100
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