Dealmakers Magazine | August 14, 2009

Loehmann’s operates 65 locations nationwide. The stores, offering off-price women’s apparel, occupy spaces of 20,000 sq.ft. to 30,000 sq.ft. in freestanding locations, urban/downtown areas and lifestyle, power and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months, with representation by Katz & Associates. Typical leases run 10 years. Preferred cotenants include Barnes & Noble and Target. Preferred demographics include a population of 200,000 within five miles earning $80,000 as the average household income. For more information, contact Brian Katz, Katz & Associates, One Blue Hill Plaza, Suite 1440, Pearl River, NY 10965; 845-735-6666, Fax 845-735-6680; Email: [email protected]; Web site: www.loehmanns.com.

Julie’s, Inc. trades as Julie’s at six locations throughout NC and SC. The stores, offering women’s apparel, occupy spaces of 2,000 sq.ft. to 3,000 sq.ft. in lifestyle, outlet and specialty centers. Growth opportunities are sought throughout existing markets during the coming 18 months. Typical leases run five years. Specific improvements are required. Preferred demographics include a population of 50,000 within three miles earning $45,000 as the average household income. For more information, contact Leonard Strause, Julie’s, Inc., PO Box 11261, Charlotte, NC 28220; 704-525-0000, Fax 704-525-0730; Web site: www.juliesclothing.com.

Vanity Shop of Grand Forks trades as Vanity at 200 locations nationwide throughout 26 states. The stores, offering women’s and junior apparel, occupy spaces of 2,500 sq.ft. to 3,500 sq.ft. in enclosed malls. Growth opportunities are sought nationwide during the coming 18 months. Typical leases run three to five years. A vanilla shell and specific improvements are required. Preferred cotenants include Target. Major competitors include Aeropostale, Charlotte Russe and Wet Seal. For more information, contact Dane Tollefson, Vanity Shop of Grand Forks, 1001 25th Street North, Fargo, ND 58102-3116; 701-237-3330, Fax 701-235-6789.

Lacoste operates 75 locations nationwide. The stores, offering Lacoste-branded apparel, accessories, footwear, fragrances and sporting goods, occupy spaces of 1,300 sq.ft. to 1,800 sq.ft. in malls, urban/downtown areas and outlet centers. Plans call for four openings nationwide during the coming 18 months, with representation by The Greenberg Group. Typical leases run 10 years. Preferred cotenants include Coach, Polo, Louis Vuitton, Burberry and Banana Republic. For more information, contact Steven Greenberg, The Greenberg Group, 1200 West Broadway, Hewlett, NY 11557; 516-295-0406, Fax 516-374-0999; Email: [email protected]; Web site: www.lacoste-usa.com.

Postmaster: PeriodicalImportant

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Volume XXIV No. XXX August 14, 2009

For more news go to:www.dealmakers.net

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

FEaTuRiNg

ThIs Issue coNTAINs INformATIoN oN:* Retailers operating 32,861 locations with plans to open 3,187 sites

* Real estate valued in excess of $1.89 billion to be bought, sold & financed* Leasing activity on over 4.045 million sq.ft. of retail properties

Apparel Chains Expand Nationwide

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Buyers & SellersNovus Development is selling a center located in Crestwood, MO ......................................

Preferred Equity Group looks to acquire properties nationwide ...........................

OpeningsNordstrom will open Nordstrom Rack stores in Denver and Lakewood, CO ...

Aldi explores sites serving higher income demographics

New ConstructionThe Humphreys Co. is preleasing a mixed-use center located in Oklahoma City, OK .......................................

In The NewsSteelbridge Capital named Jay M. Caplin as managing principal ...............................

Sources of FinancingCFO Capital Partners provides construction and permanent financing ..............................

Lease SigningsCentro Properties Group signed leases with a number of tenants in NJ, NY and PA .......

Food Retailers ExpandFarrell’s Ice Cream Parlor looks for sites throughout CA

Lead SheetLearning Care Group looks to expand nationwide ...............

Fastsigns looks for sites nationwide ...........................

Space Place ..........................

DAYTON, OH WASHINGTON PARK PLAZA

178,750 S.F. GLA

ANCHOR POSITION AVAILABLE RESTAURANT SPACE AVAILABLE

OLD TIME POTTERY, UNITED ART, SAM’S CLUB*,

ARROW WINE & SPIRIT, HOMETOWN BUFFET

*Not Owned

1,600 - 22,953 S.F. AVAILABLE

CONTACT (877) 797-1472 JEFFREY JAMES/SAM COOPER

LAMAR SHOPPING CENTER SPACE AVAILABILITIES VISIT US AT THE FLORIDA ICSC AT BOOTH 472

ANDERSON, SC ANDERSON PAVILION

64,221 S.F. GLA

END CAP AVAILABLE AGGRESSIVE RENTS

PUBLIX

3,150 S.F. AVAILABLE

CONTACT (877) 797-1472 JEFFREY JAMES/MICHAEL MAHAN, JR.

PINEVILLE, NC PINEVILLE TOWNE MARKET

83,499 S.F. GLA

INLINE SPACE AVAILABLE

FOOD LION, DOLLAR GENERAL, AARON RENTS, GOODYEAR,

FLOORING AMERICA, WEIGHT WATCHERS

1,200-1,686 S.F. AVAILABLE

CONTACT (877) 797-1472 MICHAEL MAHAN, JR.

ROCK HILL, SC MARKET ON CHERRY RD.

129,518 S.F. GLA

OUTPARCEL AVAILABLE +/- 0.8 Acres

OFFICE DEPOT, BIG LOTS, ANNA’S LINENS, LEBO’S,

IT’S FASHION METRO, PAYLESS

1,500 - 2,000 S.F. AVAILABLE


FORT WAYNE, IN COVINGTON PLAZA

183,806 S.F. GLA

ANCHOR POSITION AVAILABLE OUTPARCEL +/- .95 ACRES

THE FRESH MARKET, OFFICE DEPOT, HONEY BAKED HAM,

ANYTIME FITNESS, MERLE NORMAN

1,710 - 18,200 S.F. AVAILABLE


GREEN COVE SPRINGS, FL

MAGNOLIA LAYNE

87,010 S.F. GLA

HARVEY’S GROCERY, DOLLAR GENERAL, PIZZA HUT*, SUBWAY, ALLSTATE, CURVES, HARDEE’S*

* Not Owned

975 - 6,666 S.F. AVAILABLE

CONTACT (877) 797-1472 JEFFREY JAMES

IRWIN, PA NORWIN HILLS

244,364 S.F. GLA

ANCHOR POSITION AVAILABLE

ALDI, RITE AID, GOODWILL, GNC, GALAXY FITNESS,

FASHION BUG


CONTACT (877) 797-1472 SAM COOPER

PITTSBURGH, PA KENNYWOOD SHOPS

198,210 S.F. GLA

ANCHOR POSITION AVAILABLE OUTPARCEL AVAILABLE — 4,000 SF

GIANT EAGLE, FAMOUS LABELS, DOLLAR GENERAL, FASHION BUG,

HOLLYWOOD VIDEO

1,329 - 31,400 S.F. AVAILABLE

CONTACT (877) 797-1472 SAM COOPER

OAK PARK HEIGHTS, MN OAK PARK PONDS

105,645 S.F. GLA

ANCHOR POSITION AVAILABLE

KOWALSKI’S MARKET, DOMINO’S THE UPS STORE, BURGER KING*

HOLLYWOOD VIDEO, OAK PARK WINE & SPIRITS

1,330 - 24,851 S.F. AVAILABLE


CRAWFORDSVILLE, IN

CRAWFORDSVILLE SQUARE

297,542 S.F. GLA ANCHOR POSITION AVAILABLE

OUTPARCELS AVAILABLE 3,800 SF, +/-0.76; 1.47;

2.59 & 3.32 ACRES

KROGER, THRIFTY’S, HIBBETT SPORTS

676 - 18,592 S.F. AVAILABLE CONTACT (877) 797-1472

JESSE MAAS

FAYETTEVILLE, GA

BANKS CROSSING

256,930 S.F. GLA

JR. ANCHOR POSITION AVAILABLE

JC PENNEY, KROGER, GUITAR CENTER, FARMER’S FURNITURE,

GOODYEAR

1,400 - 12,068 S.F. AVAILABLE

CONTACT (877) 797-1472 JEFFREY JAMES/MICHAEL MAHAN

ORANGE PARK, FL SOUTH BLANDING VILLAGE

108,954 S.F. GLA

JR. ANCHOR POSITION AVAILABLE OUTPARCELS AVAILABLE +/-0.28 & 0.85 ACRES

STAPLES, BIG LOTS, WOOD YOU, LARRY’S SUBS,

JACKSON HEWITT

1,200 - 12,454 S.F. AVAILABLE


CHARLESTON, SC WEST ASHLEY SHOPPES

136,260 S.F. GLA

OUTPARCEL AVAILABLE +/-1.49 ACRES

ROSS DRESS FOR LESS, WORLD MARKET,

BED BATH & BEYOND, CATHERINE’S

1,050 - 4,900 S.F. AVAILABLE


LEWISVILLE, TX GARDEN PARK

178,335 S.F. GLA ANCHOR POSITION AVAILABLE OUTPARCEL AVAILABLE

+/-0.73 ACRES

STEIN MART, CHRISTIAN FAMILY BOOKSTORE, OISHI HIBACHI & SUSHI



FERN PARK, FL MAINSTREET SQUARE

108,632 S.F. GLA

WINN-DIXIE ANCHORED

WINN-DIXIE , GOODWILL, RENT-A-CENTER, KIDS WORLD,

NEW YORK PIZZA



FLORENCE, KY VILLAGE AT THE MALL

87,364 S.F. GLA

ANCHOR POSITION AVAILABLE OUTPARCELS AVAILABLE

+/-0.5 ACRES & 3,594 SF

PIER 1 IMPORTS, DOLLAR TREE, THE TILE SHOP, VITAMIN SHOPPE,

HONEY BAKED HAM

2,000 - 18,095 SF AVAILABLE


N RICHLAND HILLS, TX RUFE SNOW VILLAGE

99,331 S.F. GLA

JR. ANCHOR POSITION AVAILABLE OUTPARCEL AVAILABLE

+/- 0.37 ACRES

AARON RENTS, AMERICAN GENERAL,

JACKSON HEWITT BASKIN ROBBINS, CD WAREHOUSE

1,580 - 45,528 S.F. AVAILABLE


Disclaimer: Subject to errors and omissions.

INDIANAPOLIS, IN EMERSON PLAZA 84,799 S.F. GLA

JR. ANCHOR POSITION AVAILABLE

MARSH SUPERMARKET, BIG KMART*, DAIRY QUEEN, RADIO SHACK, SUPERCUTS

*Not Owned

4,000 - 11,375 S.F. AVAILABLE CONTACT (877) 797-1472

JEFFREY JAMES/SAM COOPER

GREAT LEASING OPPORTUNITIES WITH FREE RENT AVAILABLE

365 SOUTH STREET MORRISTOWN, NJ 07960 TEL. (727) 403-7777 FAX (727) 517-2276 www.lamarcompanies.com

Colliers Arnold negotiated the sale of a 1.48-acre parcel located at the intersection of Six Mile Cypress Parkway and International Center Drive in Ft. Myers, FL. Lee Cirque, LLC disposed of the property to Collins Vision, who plans to construct an optical center on the site. The company represented the buyer and seller in the transaction. For more information, contact Jim Garinger, Colliers Arnold, 12730 New Brittany Boulevard, Suite 300, Ft. Myers, FL 33907; 239-418-0300, Fax 239-418-1937; Email: [email protected]; Web site: www.colliersarnold.com.

Calkain Cos., Inc. is selling a portfolio of six Walgreens sites located throughout MD, OH, PA and WV. All locations feature tenants bound to 25-year leases with options, commenced during the past 18 months. The sites are available individually or in portfolio with asking prices reflecting a 7.5% Cap rate. The company, on behalf of a client, is also looking to acquire net-leased properties. Suitable properties feature national tenants with investment-grade credit ratings bound to long-term leases. For more information regarding the Walgreens properties, contact Jeff Bogart, Calkain Cos., Inc., 11150 Sunset Hills Road, Suite 300, Reston, VA 20190; 703-787-0687; Email: [email protected]; Web site: www.calkain.com. For more information regarding acquisitions, contact David Sobelman, 500 North West Boulevard, Suite 605, Tampa, FL 33609; 813-282-6000, Fax 813-282-6098; Email: [email protected].

Goodman Real Estate Services Group, LLC is selling River Street Square, a 267,000 sq.ft. center situated on 28.88 acres at the intersection of West River Road and Midway Boulevard in Elyria, OH. The center is 94% occupied. Wal*Mart anchors the center and tenants include OfficeMax, Michaels, PetSmart, Deal$, Avenue, Buffalo Wild Wings, Famous Hair, National Cash Advance, Famous Footwear, Dots, Dollar Tree, Buybacks, GameStop, Original Mattress, RadioShack, Huntington Bank, Best Cuts and Exotic Nails. Area retail includes Midway Mall. The NOI is $1.752 million. The asking price is $17.522 million with a Cap rate of 10%. For more information, contact Randall J. Goodman or Kyle Hartung, Goodman Real Estate Services Group, LLC, 25333 Cedar Road, Suite 305, Lyndhurst, OH 44124; 216-381-8200 Ext. 209/206, Fax 216-381-8211; Emails: [email protected] and [email protected]; Web site: www.goodmanrealestate.com.

Marcus & Millichap Real Estate Investment Services negotiated the $1.875 million sale of a 6,359 sq.ft. Bertucci’s site located in Sicklerville, NJ. The sale price reflected a Cap rate of 7.47%. The company also negotiated the $1.8 million sale of a 7,138 sq.ft. Texas Roadhouse site located in Sicklerville, NJ. The sale price reflected a Cap rate of 6.94%. For more information, contact Spencer Yablon, Marcus & Millichap Real Estate Investment Services, 1628 JFK Boulevard, Suite 1200, Philadelphia, PA 19103; 215-531-7000, Fax 215-531-7010; Web site: www.marcusmillichap.com.

Massey Knakal Realty Services negotiated the $900,000 sale of a property located along Kenilworth Place between Glenwood Road and Hillel Place in the Flatbush area of Brooklyn, NY. The company also negotiated the $462,500 sale of a building located along Cromwell Avenue in Bronx, NY. For more information, contact Massey Knakal Realty Services, 275 Madison Avenue, Third Floor, New York, NY 10016; 212-696-2500, Fax 212-696-0333; Web site: www.masseyknakal.com.

Spectrum Partners, LLC, in a joint venture with Alex. Brown Realty, Inc. and Potomac Capital Advisors, acquired Westgate Plaza Shopping Center, a 176,000 sq.ft. center located along Sudley Road in Manassas, VA. Tenants at the time of sale included Giant Foods, Barnes & Noble, Panera Bread, Pier 1 Imports, Ruby Tuesday and Total Wine & More. The companies acquired the center from Principal Real Estate Investors for $25 million. For more information, contact Spectrum Partners, LLC, 4733 Bethesda Avenue, Suite 650, Bethesda, MD 20814; 301-656-4111, Fax 301-656-0515; Web site: www.spllc.us.

Novus Development is selling Big Bend Crossing, a 130,466 sq.ft. center located at the intersection of Highway 44 and Big Bend Boulevard in Crestwood, MO. Tenants include Sam’s Club and Hardee’s. Sam’s Club is bound to a 20-year NNN lease with 14 years remaining on the original lease term featuring 13, five-year options. Hardee’s is bound to a 20-year lease with 15 years remaining on the original lease term featuring four, five-year options and 10% rent escalations every five years. The asking price is $22 million with a Cap rate of 6.75%. For more information, contact Jennifer Heilweck or Jonathan Browne, Novus Development, 20 Allen Avenue, Suite 400, Webster Groves, MO 63119; 314-968-0842, Fax 314-963-0241; Email: [email protected]; Web site: www.novusdev.com.

R.O.I. Commercial Real Estate, Inc. is selling a 39,138 sq.ft. building located at the intersection of Flamingo Road and Rainbow Boulevard in Las Vegas, NV. The asking price is $4.2 million. For more information, contact Dan Adamson, R.O.I. Commercial Real Estate, Inc., 7100 West Smoke Ranch Road, Suite 100, Las Vegas, NV 89128; 702-363-3100 Ext. 112, Fax 702-363-0450; Email: [email protected]; Web site: www.roicre.com.

Buyers and sellers

www.dealmakers.net The Dealmakers August 14, 2009 page 3

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(continued on page thirteen)

cupcake (843-853-8181) will open a bakery at The Vista, a shopping center located along Lincoln Street in Columbia, SC, this month and plans to open a location in Greenville, SC during 2010. The company currently operates two of the cupcake-only bakeries, with locations in Charleston and Mt. Pleasant, SC.

Sur La Table (206-437-8418) will open stores at South Coast Plaza in Costa Mesa, CA and at The Bravern in Bellevue, WA. The stores are slated to open during the fall. With the openings, the company will operate 76 kitchenware stores nationwide.

Trader Joe’s Co. (626-599-3700) will open a 12,500 sq.ft. Trader Joe’s market in a former Good Guy’s site at the intersection of Black Lake Boulevard and Cooper Point Road in Olympia, WA later this month. The store is adjacent to Barnes & Noble. The company currently operates 310 organic grocery stores nationwide.

Inditex Group (212-355-1415) plans to open 450 Zara locations nationwide during the next two years. The stores offer fashion apparel for men and women.

Petsmart, Inc. (623-580-6100) will open between 40 and 60 PetSmart stores annually for the next three to five years, down from the 80 to 100 annual openings that the company averaged between 2004 and 2008. The company is considering changes to its current concept, including more space for unique private-label merchandise and staging areas for in-home services, and currently operates 1,137 stores nationwide.

Canali S.p.A. (IT: (39) 039-2014226) will open a Canali store at The Colonnade Outlets at Sawgrass Mills, located in Sunrise, FL, during the fall. The menswear retailer will join Tag Heuer, Tommy Bahama, Tumi and True Religion at the center.

hhgregg, Inc. (317-848-8710) escalated its planned hhgregg openings for this year from 16 to 18 stores to between 20 and 22 stores, and expects to open between 40 and 45 consumer appliance and electronics stores during its next fiscal year. The company recently opened a store in a former Sofa Express site at Overlook Village, located along South Tunnel Road in Asheville, NC, and plans to open a number of stores in Mid-Atlantic markets during its next fiscal year.

Lily O’Briens (IE: (353) 045-486800) will open Lily O’Briens Chocolate Café locations in select markets of the U.S. during the next several years. The company recently opened its first location along West 40th Street in the Bryant Park area of New York, NY during March.

Nordstrom, Inc. (206-628-2111) will open two Nordstrom Rack outlet stores in CO during 2010. The company plans to open a 39,000 sq.ft. location at the intersection of South Colorado Boulevard and Florida Avenue in Denver during the spring of 2010 and a location in Lakewood, CO during the fall of 2010.

Starbucks Corp. (206-447-1575) is remodeling select stores in the Seattle, WA area to resemble community coffee shops, and may expand the concept outside of Seattle. The company recently completed its first remodel late last month, renaming the store 15th Avenue Coffee and Tea, and the company plans to remodel another two locations, assigning them community- or location-specific names as well. The remodeled stores feature more sophisticated design elements and will serve alcohol in addition to coffee.

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page 4 August 14, 2009 The Dealmakers www.dealmakers.net

Who’s opening and Where

(continued on page thirteen)

DLC Management Corp. (866-352-6468) promoted Sally Krauss to vice president of real estate transactions. She is responsible for coordinating and managing the company’s real estate acquisitions, dispositions and financing transactions, as well as maintaining environmental compliance of the company’s owned and managed properties. Prior to joining the company, Krauss served as vice president of a national environmental and engineering firm. The company is a private retail real estate firm specializing in acquisition, new development, redevelopment, leasing and management.

Aries Capital (312-642-0100) hired Andrew R. Wilson as vice president of the company’s Chicago, IL office. He will be responsible for analyzing retail developments, structuring and pricing financing, and note purchase transactions, as well as providing asset management expertise including lease review, zoning analysis and development oversight. Prior to joining the company, Wilson served as real estate development director for General Growth Properties. The company is a national full-service mortgage banking firm that provides direct mezzanine and bridge financing through its affiliate Aries Real Estate Fund, as well as permanent and interim financing.

Steelbridge Capital (305-374-1004) named Jay M. Caplin as managing principal. Prior to joining the company, he served as executive director of Cushman & Wakefield’s Capital Markets Group. The company is a real estate investment firm.

GVA Kidder Matthews (206-296-9600) merged with Bluegreen Consulting and formed a sustainability practice. The practice focuses on consulting for development that encourages social, environmental and economic best practices, including sustainability assessments and LEED certification management. The company named Monica Smith as senior vice president. Smith is also the founder of Bluegreen Consulting. The company is an independently-owned commercial real estate firm based on the West Coast, and provides brokerage, appraisal, property management, consulting, project and construction management and sustainability consulting services.

Charter Realty & Development Corp. is redeveloping Shaw’s South Shopping Center, a 126,840 sq.ft. center located along Route 28/North Main Street in Brockton, MA. Spaces of 1,875 sq.ft. and 9,047 sq.ft. are available. Shaw’s Supermarket anchors the center and cotenants include Bank of America, Beggs Coin Laundry, Eagle Wine & Spirits, Family Dollar, Planet Fitness and Big Lots. Area demographics include a population of 240,432 within a seven-mile radius earning an average household income of $72,033. The company is also redeveloping West Side Mall, located at the intersection of Wyoming Avenue and Northampton Street in Edwardsville, PA. Spaces from 1,377 sq.ft. to 12,935 sq.ft. are available along with a pad site. Price Chopper and Lowe’s Home Improvement anchor the center. Cotenants include Antonio’s Pizza, Michael Policare Hair, Book Swap, H&R Block, Wachovia Bank, CitiFinancial, Nail Glamour, Quiznos, Happy Family Chinese Buffet, GNC, Daisy’s Laundromat, Curry Donuts, Rite Aid, Dollar Tree, Superpetz, Deb, Jo-Ann Fabrics, Rent-A-Center, Holiday Hair, Super International Buffet, Night Caps, Little Caesar’s, RadioShack, Family Dollar, Blockbuster Video, Olli’s Family Restaurant, First Liberty Bank and McDonald’s. Area demographics include a population of 159,131 within a seven-mile radius earning an average household income of $49,463. For more information regarding Shaw’s South Shopping Center, contact Angelo Pappas, Charter Realty & Development Corp., 22 McGrath Highway, Somerville, MA 02143; 617-591-9995 Ext. 208, Fax 617-591-9966; Email: [email protected]; Web site: www.chartweb.com. For more information regarding West Side Mall, contact Jim Pointer, 183 Main Street, Westport, CT 06880; 717-278-8494, Fax 203-227-8388; Email: [email protected].

NAI Commerce One is preleasing Canyon Trails Shopping Center, a 375,000 sq.ft. power center situated on 33 acres at the intersection of Poleline Road and Blake Street in Twin Falls, ID. Spaces from 20,000 sq.ft. are available. Area retail includes Wal*Mart Supercenter. Area draws include St. Luke’s Hospital. Area demographics include a population of 75,506 within a 10-mile radius earning an average household income of $59,635. For more information, contact Brent Wilson, NAI Commerce One, 1000 Riverwalk Drive, Suite 375, Idaho Falls, ID 83402; 208-525-8088, Fax 208-525-8188; Email: [email protected]; Web site: www.nai-idaho.com.

The Humphreys Co. is preleasing Flatiron, an 84,921 sq.ft. mixed-use building featuring a 25,555 sq.ft. retail component along with office and residential components located in Oklahoma City, OK. Area demographics include a population of 830,302 within a 20-minute drive time earning an average household income of $57,454. The average daily traffic count is 80,000 vehicles. The center is slated to open during the first part of 2010. For more information, contact Dave Ortloff, The Humphreys Co., PO Box 1100, Oklahoma City, OK 73101; 405-228-1000, Fax 405-228-1004; Email: [email protected]; Web site: www.humphreysco.com.

Eastern Retail Properties is preleasing Swansea Marketplace, a 305,000 sq.ft. center located along Route 6 in Swansea, MA. Area retail includes Toys “R” Us, Dollar Tree, Price Rite, Big Lots, Jo-Ann Fabrics, Marshalls, Regal Cinemas, Seabra Supermarket and Swansea Mall, featuring Macy’s, Sears and Wal*Mart. Area demographics include a population of 200,433 within a seven-mile radius earning a median household income of $50,757. The center is slated to open during the summer of 2011. The company is also redeveloping North Adams Plaza, located along Route 8 in North Adams, MA. Lowe’s Home Improvement anchors the center and a 4,500 sq.ft. pad site is available. Area retail includes Rite Aid, Peebles, Staples, Big Y Supermarket, CVS and Wal*Mart. Area demographics include a population of 66,856 within a 15-mile radius earning a median household income of $44,315. The redevelopment is slated for completion during the fall. The company is also developing Greenfield Crossing, a 156,755 sq.ft. project located at the intersection of Route 2 and Route 2A in Greenfield, MA. Area retail includes Stop & Shop, Food City, Rite Aid, CVS, BJ’s Wholesale Club, Walgreens, Big Y Supermarket, Staples, Dollar Tree, Home Depot, Rent-A-Center, Fashion Bug and Applebee’s. Area demographics include a population of 88,610 within a 15-mile radius earning a median household income of $46,733. For more information, contact Mike Hotarek, Eastern Retail Properties, One Gateway Center, Suite 611, Newton, MA 02458; 617-630-1187, Fax 617-630-1190; Email: [email protected]; Web site: www.easternretail.com.


neW ConstruCtionreal estate professionals

Making the neWs

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The Sembler Co. (727-384-6000) negotiated a lease with Aaron Rents for 10,800 sq.ft. at Westgate Plaza, located in St. Cloud, FL. The company also negotiated a lease with Shoe Land for 3,950 sq.ft. at University Plaza – Tampa, located in Tampa, FL. The company also negotiated leases with LA Nails for 1,200 sq.ft. and with Old Florida National Bank for 2,625 sq.ft. at Highland Square, located in Inverness, FL. The company also negotiated a lease with Melbourne Beach Fitness for 5,870 sq.ft. at Driftwood Plaza, located in Melbourne Beach, FL. The company also negotiated a lease with Jersey Mike’s Subs for 1,200 sq.ft. at Rolling Acres Plaza, located in The Villages, FL. The company also negotiated a lease with Fresh Flowers for 1,400 sq.ft. at Beneva Marketplace, located in Sarasota, FL. The company also negotiated leases with Eyes on Oakleaf for 2,500 sq.ft., with Dollar Tree Stores for 10,144 sq.ft. and with Bruster’s for 1,500 sq.ft. at Oakleaf Town Center, located in Jacksonville, FL. The company also negotiated a lease with Verizon Wireless for 1,200 sq.ft. at Brooks Village, located in Naples, FL. The company also negotiated a lease with Little Caesar’s for 1,200 sq.ft. at Seminole Oaks, located in Largo, FL.

Stirling Properties (985-898-2022) negotiated a lease with Honey Baked Ham for 2,504 sq.ft. at Spring Plaza, located in Ocean Springs, LA. The company also negotiated leases with Hallmark for 4,005 sq.ft. and with Nagoya Sushi & Japanese Steakhouse for 5,223 sq.ft. at Hammond Square, located in Hammond, LA. The company also negotiated a lease with Charolette’s Country Kitchen for 1,800 sq.ft. at Colonial Acres, located in Houma, LA. The company also negotiated a lease with Anytime Fitness for 4,000 sq.ft. at Old River Marketplace, located in Shreveport, LA.

Nassimi Realty, Inc. (212-643-8080) negotiated a lease with Hibbett Sporting Goods for 5,000 sq.ft. at Oakland Park Festival Centre, a 135,000 sq.ft. center located on North Andrews Avenue in Oakland Park, FL. The tenant joins Winn-Dixie, Rainbow Apparel, CitiTrends, AutoZone, Bismilia Beauty, Kimling’s Academy of Martial Arts, 99 Cent Store, Wingloon Chinese Restaurant, Jackson Hewitt, Rent-A-Center and Festival Plaza Laundromat.

Goodman Real Estate Services Group, LLC (216-381-8200) negotiated a lease with Gymboree Play & Music for space at Great Lakes Mall in Mentor, OH. The company represented the tenant in the transaction and is their exclusive representative throughout northeastern OH.

Centro Properties Group (212-869-3000) signed a lease with A Matter of Health for 15,000 sq.ft. at Rockland Plaza, located at the intersection of West Route 59 and Route 33/Middleton Road in Nanuet, NY. Weichert represented the tenant in the transaction. The company also signed a lease with Bristol Hair & Wig for 2,800 sq.ft. at Bristol Plaza, located at the intersection of Interstate 276/PA Turnpike, Interstate 95, Durham Road and Veterans Highway in Bristol, PA. Ace Properties, LLC represented the tenant in the transaction. The company also signed a lease with Verizon Wireless for 1,000 sq.ft. at Stone Mill Plaza, located at the intersection of Route 462/Columbia Avenue and Jackson Drive in Lancaster, PA. Coldwell Banker Commercial represented the tenant in the transaction. The company also signed a lease with AT&T Mobility for 1,500 sq.ft. at Lakewood Plaza, located at the intersection of Route 9/Madison Avenue and West Kennedy Boulevard in Lakewood, NJ. Fameco Real Estate, LP represented the tenant in the transaction. The company also signed a lease with PetSmart for 26,933 sq.ft. at Hilltop Plaza, located on Laskin Road in Virginia Beach, VA. Divaris Real Estate, Inc. represented the tenant in the transaction.

Michael Salove Co. (215-568-2600) negotiated a lease with Yogorino for 500 sq.ft. at the intersection of South 20th Street and Locust in Philadelphia, PA. The company represented the tenant in the transaction.

H&R Retail (410-308-0800) negotiated a lease with Quarry Bagel & Café for 2,200 sq.ft. at Quarry Lake at Greenspring, located on Quarry Lake Drive in Baltimore, MD. The company represented the landlord, Obrecht Properties, LLC, in the transaction. The company also negotiated a lease with Lion and Bull for 5,038 sq.ft. at Dominion Valley Market Square, located within Merchants View Square in Haymarket, VA. The company represented the landlord, Toll Brothers Realty Trust, in the transaction. The company also negotiated a lease with Sun Trust Bank for 4,300 sq.ft. on Maple Lawn Boulevard in Maple Lawn, MD. The company represented the tenant in the transaction.

ARC Properties, Inc. (973-249-1000) negotiated a lease with PC Richard & Son for 27,811 sq.ft. at Brick Plaza, located in Brick, NJ.

Two Trees Management Co. (718-222-2500) signed a 10-year lease with Nature’s Grill for 1,764 sq.ft. on Court Street in Brooklyn, NY. Schwimmer Realty represented the tenant in the transaction.

Sperry Van Ness provides permanent, fixed-rate, bridge, renovation, mezzanine and construction financing for retail properties and raw land nationwide, in amounts ranging from $500,000 to $300 million. For more information, contact Eric H. Better, Sperry Van Ness, 1575 Westwood Boulevard, Suite 201, Los Angeles, CA 90024; 310-231-8979; Email: [email protected].

Ocean Pacific Capital provides construction, bridge and permanent financing in amounts ranging from $1 million to $500 million for all property types, including entitled raw land. Adjustable, fixed and interest-only loans are available. For more information, contact Ocean Pacific Capital, 2 Corporate Park, Suite 102, Irvine, CA 92606; 800-595-1474, Fax 949-263-9999; Email: [email protected]; Web site: www.commercialconstructionfinancingopc.com.

Novation Group provides financing for all types of commercial real estate throughout ID, OR and WA in amounts above $250,000. For more information, contact Jeffrey Byers, Novation Group, 2163 Piney Point Road, Blairsville, GA 30512; 706-781-2921, Fax 678-302-9704; Email: [email protected].

Consolidated Alliance Group provides financing for the acquisition, development, construction and closing of shovel-ready construction projects nationwide and internationally in amounts ranging from $25 million to $1 billion. For more information, contact Trel McClary, Consolidated Alliance Group 800-980-5269, Fax 800-980-5269; Email: [email protected].

CFO Capital Partners provides construction and permanent financing for retail properties nationwide in amounts ranging from $2 million to $10 million. Notes are available at fixed rates for terms of five, seven or ten years. For more information, contact Paul Sheldon or Linda Shea, CFO Capital Partners, 437 FoxTract Road, 1st Floor, Bridgeport, NY 13030; 315-307-8594, Fax 775-248-6603; Emails: [email protected] and [email protected].


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Urban Brands trades as Ashley Stewart at 200 locations nationwide throughout 24 states. The stores occupy spaces of 4,000 sq.ft. to 5,000 sq.ft. in inline spaces of urban shopping centers. Growth opportunities are sought throughout CT, MA and RI during the coming 18 months, with representation by Denenberg Realty Advisors. 10 Spot/Madrag operates 40 locations throughout CT, FL, MA, NJ, NY, PA and RI. The apparel stores occupy spaces of 4,000 sq.ft. in inline spaces of shopping centers. Growth opportunities are sought throughout eastern MA during the coming 18 months, with representation by Denenberg Realty Advisors. Typical leases run five years. A vanilla shell is required. For more information, contact Neil Denenberg, Denenberg Realty Advisors, 230 Commercial Street, Boston, MA 02109; 617-720-5656, Fax 617-720-5676; Email: [email protected]; Web site: www.10spotplus.com.

Kip Craft, Inc. trades as Schoolbell’s at 12 locations throughout IL, IN, KY, MI, OH and Pittsburgh, PA. The stores, offering uniforms for private school children, occupy spaces of 6,700 sq.ft. to 7,500 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. For more information, contact Bruce Carroll, Kip Craft, Inc., 4747 West 160th Street, Cleveland, OH 44135; 216-898-5500, Fax 216-898-5518; Web site: www.schoolbells.com.

Bedo Co. International De La Mode trades as Bedo at 33 locations throughout Canada and internationally. The stores occupy spaces of 3,400 sq.ft. in freestanding locations, malls, downtown areas and strip centers. Growth opportunities are sought throughout Canada during the coming 18 months. For more information, contact Peter Nasri, Bedo Co. International De La Mode, 700 Rue Des Lauriers, Saint Laurent, Quebec, Canada H4N 1W5; 514-335-2411, Fax 514-335-0115.

K-MOMO, Inc. trades as K-MOMO at 12 locations throughout AZ and CO. The stores, offering men’s and women’s active, urban and lifestyle apparel, occupy spaces of 10,000 sq.ft. to 11,000 sq.ft. in malls and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. For more information, contact Kenneth Seo, K-MOMO, Inc., 2301 Indian School Road, Phoenix, AZ 85015; 602-484-9722, Fax 602-484-9792.

Lindor, Inc. trades as Dorlene and Lindor at 80 locations throughout Ontario, Quebec and the Maritimes, Canada. The stores, offering moderate to better lines of ready-to-wear women’s apparel, occupy spaces of 1,600 sq.ft. in malls. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 10 years. A vanilla shell is required. Preferred cotenants include Wal*Mart, Sears and Zellers. Major competitors include Cleo, Tan Jay, Reitmans and Alia. For more information, contact Pearl Edwards, Lindor, Inc., 9600 Meilleur Street, Suite 750, Montreal, Quebec, Canada H2N 2E3; 514-384-5243, Fax 514-384-3487; Email: [email protected].

Tuxedo Royale, Ltd. trades as Tuxedo Royale at 13 locations throughout southern Ontario, Canada. The stores occupy spaces of 650 sq.ft. to 900 sq.ft. in malls and of 800 sq.ft. to 1,200 sq.ft. in strip centers and street fronts. Growth opportunities are sought throughout the existing market during the coming 18 months. For more information, contact Ivan Zichy, Tuxedo Royale, Ltd., 185 Konrad Crescent, Markham, Ontario, Canada L3R 8T9; 905-474-0304, Fax 905-474-1697; Web site: www.tuxedoroyale.com.


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Panera Bread operates 1,100 locations nationwide. The bakeries and cafes, offering sandwiches, salads, soups and dessert items, occupy spaces of 4,000 sq.ft. to 5,000 sq.ft. in downtown areas. Growth opportunities are sought throughout the Chicago, IL metropolitan area and northwestern IN during the coming 18 months, with representation by Baum Realty Group. HomeMade Pizza Co. operates 25 locations throughout IL, MN and Washington, DC. The restaurants occupy spaces of 600 sq.ft. to 1,200 sq.ft. Growth opportunities are sought in Gold Coast, Deerfield, Diversey, Libertyville, Northbrook, Old Town, Sheffield and Streeterville, IL during the coming 18 months, with representation by Baum Realty Group. For more information regarding Panera Bread, contact Anthony Campagni, Baum Realty Group, 1030 West Chicago Avenue, Suite 200, Chicago, IL 60622; 312-275-3105, Fax 312-666-7970; Email: [email protected]; Web site: www.panerabread.com. For more information regarding HomeMade Pizza Co., contact Allen Joffe or Lara Keene; 312-275-3120/3138; Email: [email protected]; Web site: www.homemadepizza.com.

CiCi’s Pizza operates 640 locations nationwide. The buffet restaurants, offering pastas, salads, desserts and 16 varieties of pizza, occupy spaces of 4,400 sq.ft. in inline and endcap spaces in shopping centers as well as freestanding locations. Growth opportunities are sought throughout southeastern PA during the coming 18 months, with representation by Fameco Real Estate, LP. Preferred cotenants include grocery stores. For more information, contact Jed Masloff, Fameco Real Estate, LP, 633 West Germantown Pike, Suite 200, Plymouth Meeting, PA 19462; 610-834-8000, Fax 610-834-1793; Web site: www.famecoretail.com.

Jersey Mike’s Subs operates 400 locations nationwide throughout 26 states. The sub shops occupy spaces of 1,200 sq.ft. to 1,700 sq.ft. in lifestyle, neighborhood and regional centers as well as pad sites. Growth opportunities are sought throughout Los Angeles, Orange and San Diego counties in CA during the coming 18 months, with representation by Grubb & Ellis. For more information, contact Ryan Pate, Grubb & Ellis, 4675 MacArthur Court, Suite 1600, Newport Beach, CA 92660; 949-608-2075, Fax 949-608-2003; Email: [email protected]; Web site: www.jerseymikes.com.

Parlour Enterprises trades as Farrell’s Ice Cream Parlor at two locations throughout CA. The ice cream parlors occupy spaces of 4,500 sq.ft. to 8,000 sq.ft. in freestanding locations, malls and power centers. Plans call for two openings throughout the existing market during the coming 18 months. The company will begin franchising nationwide during 2010. For more information, contact Paul Kramer, Parlour Enterprises, 17 New Chardon, Laguna Niguel, CA 92677; 949-481-7676, Fax 949-496-0713; Email: [email protected]; Web site: www.farrelsusa.com.

Tilted Kilt operates 21 locations throughout AZ, CA, FL, GA, IA, IL, MO, NC, TX and WI. The restaurants and pubs occupy spaces of 6,000 sq.ft. to 7,000 sq.ft. in endcap spaces of shopping centers and freestanding locations. Growth opportunities are sought throughout southern CA during the coming 18 months, with representation by Ira Spilky & Associates. The company will consider existing restaurant sites for conversion or new construction. For more information, contact Ira Spilky, Ira Spilky & Associates, 2566 Overland Avenue, Suite 660, Los Angeles, CA 90064; 310-558-3241; Email: [email protected]; Web site: www.tiltedkilt.com.

Qdoba Mexican Grill operates 440 locations nationwide. The Mexican restaurants occupy spaces of 2,200 sq.ft. to 2,400 sq.ft. in endcap and inline spaces in shopping centers, as well as freestanding locations. Growth opportunities are sought throughout central and northern NJ during the coming 18 months, with representation by CB Richard Ellis. Preferred demographics include a trade-area population of 15,000. The company prefers to locate in areas with average daily traffic counts of 30,000 vehicles. Preferred cotenants include grocery and general merchandise stores as well as movie theaters. Burger King operates 11,200 locations nationwide and internationally. The fast food restaurants occupy spaces of 2,500 sq.ft. in freestanding and corner locations. Growth opportunities are sought throughout central and northern NJ during the coming 18 months, with representation by CB Richard Ellis. A land area of 0.5 to 1.5 acres is required for freestanding locations. The company will consider ground leases, build-to-suits and acquisitions. The company prefers to locate in corner sites with drive-thru facilities. For more information, contact Jason Pierson, CB Richard Ellis, Two Tower Center Boulevard, 20th Floor, East Brunswick, NJ 08816; 646-702-0195; Email: [email protected].


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Pep Boys AutoBilly Orlove or John Mitchellc/o JBG Rosenfeld Retail4445 Willard Avenue, Suite 700Chevy Chase, MD 20815301-657-7343/7336Email: [email protected] site: www.jbgr.com

AutomotiveThe 560-unit chain operates locations nationwide and in Puerto Rico. The automotive service centers, also offering parts and accessories, occupy spaces of 4,000 sq.ft. to 8,000 sq.ft. Growth opportunities are sought throughout VA and Washington, DC during the coming 18 months, with representation by JBG Rosenfeld Retail. The company prefers to locate in former automotive sites or conversion buildings.

Somerset Tire Service, Inc.dba STS Tire and Auto CenterTed HaasePO Box 2001Bound Brook, NJ 08805732-356-8500 Ext. 353, Fax 732-356-8821Email: [email protected] site: www.ststire.com

AutomotiveThe 115-unit chain operates locations throughout NJ, NY and PA. The automotive and tire service centers occupy spaces of 5,600 sq.ft. in freestanding locations. Plans call for five openings throughout the existing markets during the coming 18 months. Typical leases run 10 years. Preferred demographics include a population of 30,000 within three miles earning $60,000 as the average household income. Major competitors include Goodyear and Firestone. A land area of one acre is required.

Everybody’s Oil Corp.dba Tire Barn WarehouseChristopher JonesPO Box 640Anderson, IN 46015765-649-0404, Fax 765-641-7254

AutomotiveThe 29-unit chain operates locations throughout IL, IN and TN. The automotive centers, specializing in discount tires, occupy spaces of 5,000 sq.ft. to 10,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 10 years with options. A vanilla shell is required. Preferred demographics include a population of 100,000 within 10 miles earning $40,000 as the average household income. Major competitors include Discount Tire.

Advance Auto PartsBarry Feinmanc/o Vanguard-Fine Retail Store Leasing, LLC2050 Western Avenue, Suite 201Guilderland, NY 12084518-862-0861 Ext. 202, Fax 518-867-3082Email: [email protected] site: www.vanguardfine.com

AutomotiveThe 3,200-unit chain operates locations nationwide. The stores occupy spaces of 7,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout western MA, upstate NY and VT during the coming 18 months, with representation by Vanguard-Fine Retail Store Leasing, LLC. Typical leases run 10 to 15 years. Preferred cotenants include supermarkets. Preferred demographics include a population of 25,000 within five miles earning $40,000 as the average household income. Major competitors include AutoZone.

Learning Care Groupdba La Petite, Tutor Time,Children’s Courtyard and ChildtimeChuck Machaj130 South JeffersonChicago, IL 60661312-798-1418, Fax 312-382-1776Email: [email protected] site: www.lapetite.com

Child CareThe 1,200-unit chain operates locations nationwide. The child care centers occupy spaces of 10,000 sq.ft. in freestanding locations, malls, urban/downtown areas and lifestyle, power, specialty and strip centers. Plans call for 50 openings throughout the existing market during the coming 18 months. Typical leases run 15 years. Preferred cotenants include grocery stores, gyms and Target. Preferred demographics include a population of 60,000 within three miles earning $70,000 as the average household income. Major competitors include Goddard, Kindercare and Sunrise. A land area of one to 1.5 acres is required for freestanding locations.

Kiddie Academy Domestic Franchising, LLCdba Kiddie Academy Child Care Learning CenterJoshua M. Frick3415 Box Hill Corporate Center DriveAbingdon, MD 21009410-515-0788, Fax 410-569-2313Email: [email protected] site: www.kiddieacademy.com

Child CareThe 103-unit chain operates locations throughout AZ, CA, CO, CT, DE, FL, GA, IL, IN, LA, MD, MI, NC, NH, NJ, NV, NY, OH, PA, SC, TX, VA and WV. The learning centers occupy spaces of 7,500 sq.ft. to 10,000 sq.ft. in freestanding locations and mixed-use and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 15 years. Specific improvements are required. Preferred demographics include a population of 50,000 within five miles earning $70,000 as the average household income. A land are of one to two acres is required for freestanding locations. The company is franchising.


Seven Eleven Hawaii, Inc.dba 7-ElevenChuck Jones1755 Nuuanu Avenue, 2nd FloorHonolulu, HI 96817-3207808-526-1711, Fax 808-523-5890

ConvenienceThe 57-unit chain operates locations throughout HI. The convenience stores occupy spaces of 2,400 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run 15 years. A land area of 10,000 sq.ft. to 20,000 sq.ft. is required. The company prefers build-to-suits.

Great Canadian Dollar Store (1993), Ltd.dba Great Canadian Dollar StoreGerry Russ101-2957 Jutland RoadVictoria, British Columbia, Canada V8T 5J9250-388-0123, Fax 250-388-9763Email: [email protected] site: www.dollarstores.com

DiscountThe 100-unit chain operates locations throughout Canada. The dollar stores occupy spaces of 3,500 sq.ft. to 10,000 sq.ft. in malls and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Preferred cotenants include grocery and drug stores. Preferred demographics include a population of 5,000 within 15 miles. The company is franchising.

U.S. Cellular Corp.dba U.S. CellularGlen Todd8410 West Bryn Mawr AvenueChicago, IL 60631773-399-8922, Fax 773-399-4206Email: [email protected] site: www.uscellular.com

ElectronicsThe 450-unit chain operates locations nationwide. The stores occupy pad sites of 2,000 sq.ft. to 3,000 sq.ft. in urban areas and 1,500 sq.ft. to 2,000 sq.ft. in rural areas. Growth opportunities are sought within select communities throughout CA, IA, IL, IN, KS, ME, MD, MI, MO, NC, NE, NH, OK, OR, TN, TX, VA, WA, WI and WV during the coming 18 months. Preferred demographics include a trade-area population of 75,000 in urban areas and 25,000 for rural areas. The company prefers sites with average daily traffic counts of 20,000 vehicles.

Communications ElectronicsTodd Calhoun1953 Greenspring DriveTimonium, MD 21093410-252-1222, Fax 410-252-5231Email: [email protected] site: www.communicationselectronics.com

ElectronicsThe 11-unit chain operates locations throughout MD. The stores occupy spaces of 1,500 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing market and PA during the coming 18 months.

Moorehead Communicationsdba Cellular ConnectionsEric RiddlePO Box 1870Marion, IN 46952765-651-2001, Fax 765-651-4626Email: [email protected] site: www.ecellularconnection.com

ElectronicsThe 125-unit chain operates locations throughout IL, IN, MI, MO, MN, OH, PA and WI. The stores, offering wireless and satellite communication products and services, occupy spaces of 800 sq.ft. to 2,000 sq.ft. in freestanding locations, malls and power, strip and value centers. Growth opportunities are sought throughout DE, MD, NJ, NY and VA during the coming 18 months. Typical leases run three to five years. A vanilla shell is required. Preferred cotenants include Target and Wal*Mart. Preferred demographics include a population of 20,000 within 10 miles earning $50,000 as the average household income. Major competitors include AT&T Mobility and T-Mobile.

WiroCityMona Lorenzc/o Capital Retail Group1401 14th Street, 3rd FloorWashington, DC 20005443-472-6979Email: [email protected]

ElectronicsThe four-unit chain operates locations throughout MD. The stores occupy spaces of 500 sq.ft. to 1,200 sq.ft. in urban/downtown areas and 1,000 sq.ft. to 1,800 sq.ft. in lifestyle and power centers. Growth opportunities are sought throughout the Baltimore, MD and Washington, DC metropolitan areas, with a strong focus on Georgetown, MD, during the coming 18 months, with representation by Capital Retail Group. Preferred cotenants include grocery stores. The company prefers to locate in shopping centers with GLAs above 150,000 sq.ft. Preferred demographics include a population of 25,000 within one mile earning $75,000 as the median household income.

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Go WirelessBrian Bielatowiczc/o Lee & Associates Commercial Real Estate Services, Inc.25240 Hancock Avenue, Suite 100Murrieta, CA 92562951-445-4515, Fax 951-445-4555Email: [email protected] site: www.gowireless.net

ElectronicsThe 200-unit chain operates locations throughout AZ, CA, CO, DE, HI, ID, MD, NJ, NM, NV, OR, PA, TX, UT, VA and WA. The stores, offering wireless products and services, occupy spaces of 900 sq.ft. to 2,000 sq.ft. in endcaps of shopping centers, freestanding locations and pad sites. Growth opportunities are sought throughout southern CA during the coming 18 months, with representation by Lee & Associates Commercial Real Estate Services, Inc. Preferred cotenants include Target.

Chase BankTerri Murray8111 Preston Road, Suite 250Dallas, TX 75225214-360-4925Email: [email protected] site: www.chase.com

FinanceThe chain operates locations nationwide and internationally. The banks occupy spaces of 4,300 sq.ft. in shopping centers and corner locations. Growth opportunities are sought throughout OK and northern TX during the coming 18 months. Preferred cotenants include grocery and drug stores.

Bank of AmericaKevin Pomet or Chris Conklinc/o CB Richard Ellis6700 Lakeview Center Drive, 2nd FloorTampa, FL 33619813-612-6148 or 954-473-7043Emails: [email protected] and [email protected]

FinanceThe 6,100-unit chain operates locations nationwide. The banks occupy spaces of 4,500 sq.ft. in pad sites. Growth opportunities are sought throughout FL during the coming 18 months, with representation by CB Richard Ellis. Typical leases run 10 to 15 years. Preferred cotenants include grocery stores. A land area of up to 1.5 acres is required. The company prefers to acquire sites.

Cash StoreGwen Callansc/o Atlas Partners Commercial Brokerage, LLC55 East Monroe Street, Suite 2910Chicago, IL 60603312-516-5705, Fax 312-516-5710Email: [email protected] site: www.atlaspartners.com

FinanceThe 280-unit chain operates locations throughout ID, IL, MI, NM, TX, UT, WA and WI. The financial service centers occupy spaces of 1,200 sq.ft. to 2,400 sq.ft. in endcap spaces in shopping centers and outparcels. Growth opportunities are sought throughout the suburban areas of Chicago, IL during the coming 18 months, with representation by Atlas Partners Commercial Brokerage, LLC. Preferred cotenants include Wal*Mart Supercenter, SuperTarget and grocery stores. Preferred demographics include a trade-area population of 10,000 earning $30,000 to $75,000 as the average household income.

Jembro Storesdba JembroRichard Beyda148 39th StreetBrooklyn, NY 11232Fax 718-788-4269Web site: www.jembro.com

General MerchandiseThe 20-unit chain operates locations throughout NJ and the New York, NY metropolitan area. The stores occupy spaces of 12,000 sq.ft. in urban/downtown areas and power and strip centers. Plans call for 10 openings throughout the existing markets and CT, MA, MD, RI and Washington, DC during the coming 18 months. Typical leases run 10 years. A vanilla shell and specific improvements are required. Preferred cotenants include Kohl’s, Kmart and Michaels. Preferred demographics include a trade-area population of 150,000 earning $60,000 as the average household income. Major competitors include A.J. Wright.

Ratner Cos.dba Salon PlazaGary Ratner1577 Spring Hill RoadVienna, VA 22182703-269-5310, Fax 703-848-2134Web site: www.salonplaza.com

HairThe 12-unit chain operates locations throughout the East Coast, including MD and VA. The full-service hair and nail salons occupy spaces of 5,000 sq.ft. to 10,000 sq.ft. in strip centers and pad sites. Growth opportunities are sought throughout the existing market and CA during the coming 18 months.


Beauty Management, Inc.dba Perfect LookSue Dunn270 Beavercreek Road, Suite 100Oregon City, OR 97045Fax 503-723-3232Web site: www.perfectlooksalons.com

HairThe 96-unit chain operates locations throughout the western U.S. The full-service hair salons occupy spaces of 800 sq.ft. to 1,600 sq.ft. in malls and outlet and strip centers. Growth opportunities are sought throughout AZ, ID, OR and WA during the coming 18 months. Typical leases run five years. A vanilla shell is required. Preferred cotenants include grocery stores. Major competitors include Supercuts and Great Clips.

Supercuts, Cost Cutters and BoricsMeredith Oliverc/o Metro Commercial Real Estate56 Skokie Valley RoadHighland Park, IL 60035847-412-9898 Ext. 5003, Fax 847-412-0101Email: [email protected] site: www.metrocre.com

HairThe 3,100-unit chain operates locations nationwide. The hair salons occupy spaces of 1,200 sq.ft. in power and strip centers. Growth opportunities are sought throughout the Chicago, IL metropolitan area during the coming 18 months, with representation by Metro Commercial Real Estate. Typical leases run five years. A vanilla shell is required. Preferred cotenants include Target, Wal*Mart and grocery stores.

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 [email protected].

Fastsigns International, Inc.dba FastsignsEd Gruber2542 Highlander WayCarrollton, TX 75006972-447-0777, Fax 972-248-8201Email: [email protected] site: www.fastsigns.com

SignsThe 560-unit chain operates locations nationwide and throughout Canada. The stores, offering computer-generated signs and banners, occupy spaces of 1,200 sq.ft. to 1,800 sq.ft. in strip centers. Plans call for 40 openings throughout the existing markets during the coming 18 months. Typical leases run five years. A vanilla shell is required. Preferred cotenants include office supply and computer retailers. Major competitors include Sign-A-Rama and Signs Now. The company is franchising.

Hibbett Sporting Goods, Inc.dba Hibbett SportsJeff Gray451 Industrial LaneBirmingham, AL 35211205-942-4292 Ext. 7267, Fax 205-912-7292Email: [email protected] site: www.hibbett.com

Sporting GoodsThe 757-unit chain operates locations throughout AL, AR, AZ, FL, GA, IA, IL, IN, KS, KY, LA, MO, MS, NC, NE, NM, OH, OK, SC, TN, TX, VA and WV. The sporting goods stores occupy spaces of 5,000 sq.ft. to 7,000 sq.ft. in malls and power and strip centers. Plans call for 50 to 70 openings throughout the existing markets and WI during the coming 18 months. Typical leases run five to 10 years with a three-year volume kick. A vanilla shell and specific improvements are required. Preferred demographics include a population of 20,000 within five miles earning $30,000 as the average household income.

Super Valudba Save-A-LotJohn Lechner100 Corporate Office DriveEarth City, MO 63045314-592-9100, Fax 314-592-9666Email: [email protected]

SupermarketThe 1,200-unit chain operates locations nationwide throughout 39 states. The supermarkets occupy spaces of 15,000 sq.ft. to 18,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought nationwide during the coming 18 months. Typical leases run five to 10 years. The company is franchising.

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Plaza Advisors negotiated the sale of Plant City Crossing, an 85,252 sq.ft. shopping center located at the intersection of Interstate 4 and Thonotosassa Road in Plant City, FL. The center was 95% occupied at the time of sale with tenants including Publix, Cato, Dollar General, Little Caesar’s, Supercuts, H&R Block, Blockbuster Video and Subway. For more information, contact Jim Michalak, Plaza Advisors, 3412 Bay to Bay Boulevard, Tampa, FL 33629; 813-837-1300, Fax 813-831-2627; Email: [email protected]; Web site: www.plazadvisors.com. Or Anthony Blanco, 5201 Blue Lagoon Drive, Suite 846, Miami, FL 33126; 305-629-3606, Fax 305-647-6441; Email: [email protected].

NewQuest Properties is selling adjacent parcels of 2.27 acres and 2.68 acres located at the intersection of Beltway 8 and North Bammel N. Houston Road in Houston, TX. Area retail includes McDonald’s. Area demographics include a population of 298,109 within a five-mile radius earning a median household income of $64,725. The average daily traffic count is 197,930 vehicles. The parcels are divisible to 1.2 acres, and the asking price ranges from $10 psf to $14 psf. For more information, contact Eric Walker, NewQuest Properties, 8827 West Sam Houston Parkway North, Suite 200, Houston, TX 77040; 281-477-4300, Fax 281-477-4399; Web site: www.newquest.com.

NAI Friedland Realty, Inc. is selling a two building center situated on a land area of 20,000 sq.ft. at the intersection of South Highland Avenue and Nelson Avenue in Ossining, NY. The center is 100% occupied with tenants including KFC. Area retail includes TD Banknorth, HSBC, Domino’s Pizza, Corsi Tire and Stop & Shop. The average daily traffic count is 16,000 vehicles. The asking price is $1.4 million. For more information, contact Rick Stassa, NAI Friedland Realty, Inc., 656 Central Park Avenue, Yonkers, NY 10704; 914-968-8500, Fax 914-968-1810; Email: [email protected]; Web site: www.friedlandrealty.com.

A broker, on behalf of clients, is looking to acquire mixed-use and retail centers located throughout the New York, NY metropolitan area. Suitable properties are priced between $5 million and $10 million. For more information, contact Robert Wallace; 646-463-0025; Email: [email protected].

Summit Realty, LLC is selling a 1.6-acre parcel located at the intersection of Parsippany Road and Whippany Road in Hanover, NJ. The asking price is $1.5 million. For more information, contact Bob Delia, Summit Realty, LLC, 9 White Oak Drive, Califon, NJ 07830; 908-832-0276, Fax 908-832-0267; Email: [email protected]; Web site: www.summitrealtyllc.com.

BVI Real Estate, on behalf of clients, is looking to acquire properties throughout the Phoenix, AZ metropolitan area. Suitable properties are A- or B-class neighborhood centers with GLAs above 75,000 sq.ft., power centers with GLAs larger than 200,000 sq.ft. or infill locations. For more information, contact BVI Real Estate, 47 West Polk Street, Chicago, IL 60605; Email: [email protected].

Preferred Equity Group, LLC is looking to acquire single-tenant properties and strip centers nationwide. Suitable properties feature tenants bound to NNN leases, occupancy rates above 75% and asking prices of $2 million with Cap rates between 12% and 15%. For more information, contact Holly Bolling, Preferred Equity Group, LLC, 3920 Birch Street, Suite 102, Newport Beach, CA 92660; 949-228-3296; Email: [email protected].

Schostak Brothers & Co., Inc. is looking to acquire shadow-anchored, big-box, power, grocery-anchored and strong non-grocery-anchored centers nationwide. Suitable properties feature GLAs above 75,000 sq.ft., with no minimum GLA for shadow-anchored centers. The company will consider properties in need of repositioning. For more information, contact Patrick Windley, Schostak Brothers & Co., Inc., 17800 Laurel Park Drive North, Suite 200C, Livonia, MI 48152; 740-587-1485; Email: [email protected].

Hanley Investment Group Real Estate Advisors negotiated the sale of a 14,500 sq.ft. freestanding Fresh & Easy Neighborhood Market situated on 1.41 acres at Orangecrest Towne Center, a community shopping center located on Trautwein Road in Riverside, CA. Third Street Plaza, LLC acquired the property from HEC – Orangecrest, LLC for $2.475 million as part of a 1031 transaction. For more information, contact Edward B. Hanley or William B. Asher, Hanley Investment Group Real Estate Advisors; 949-585-7677/7684; Web site: www.hanleyinvestment.com.


Who’s opening and Where

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Whole Foods Market, Inc. (512-477-4455) has pushed back plans to open a 50,000 sq.ft. Whole Foods Market location at The Collection at RiverPark, a 600,000 sq.ft. development located in Oxnard, CA. The development’s opening has been postponed until the fall of 2010. Century Theatres and REI are also planning to open stores at the center.

Aldi, Inc. (630-879-8100) will open 75 Aldi locations this year, some of which will be located in more affluent neighborhoods than the company typically selects. The company also plans to open as many as 30 locations throughout TX during 2010. The company is also changing its store concept, offering more fresh produce than before and making cosmetic changes to the fixtures. The company recently opened a store along Crestwood Boulevard in Birmingham, AL and plans to open a store at the intersection of Valleydale Road and U.S. 31 in Pelham, AL. The company currently operates 1,000 of the private-label supermarkets nationwide throughout 29 states, including eight in AL.

7-Eleven, Inc. (972-828-0711) will open 200 7-Eleven locations nationwide this year, including 44 stores within the New York, NY metropolitan area. The company currently operates 431 stores in the New York, NY metropolitan area and may open as many as 350 additional locations there during the next five to seven years. The company currently operates 5,700 stores nationwide, including 1,300 company-owned locations and 4,400 franchise locations. Franchise stores include those operated under the traditional franchise model and existing convenience stores converted to 7-Elevens under the company’s business conversion program.

Wal*Mart Stores, Inc. (479-273-4000) will open a Wal*Mart store at the intersection of Broad River Road and Dutch Fork Road in Irmo, SC during the fall. The company is also preparing to open a 176,500 sq.ft. Wal*Mart Supercenter in Medford, OR during the summer of 2010. The company also plans to remodel an existing Wal*Mart located at the intersection of Murrieta Hot Springs Road and Madison Avenue in Murrieta, CA to the company’s new concept featuring wider aisles, lower shelves and improved lighting and signage. The company is also considering opening a Wal*Mart Supercenter in Murrieta, CA, having planned to anchor a development that was shelved in September 2008.

August 14, 2009 The Dealmakers www.dealmakers.net

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California Connecticut IllinoisBaldwin Park – Baldwin Park Towne Center, a power center located at the intersection of Fuente Avenue and Merced Avenue, has spaces available of 1,219 sq.ft.; 1,411 sq.ft. and 1,500 sq.ft. Home Depot anchors the center and cotenants include McDonald’s and Starbucks. Area retail includes Wal*Mart. Area demographics include a population of 378,260 within five miles earning $66,303 as the average household income. The average daily traffic count is 60,000 vehicles. The asking monthly rent ranges from $3.25 psf to $3.50 psf with CAM of $0.35 psf. Fountain Valley – Plavan Plaza, a power center located at the intersection of Warner Avenue and Bushard Street, has spaces available of 1,300 sq.ft.; 1,320 sq.ft. and 1,400 sq.ft. Fresh & Easy Neighborhood Market anchors the center. Area demographics include a population of 166,037 within three miles. The average daily traffic count is 30,000 vehicles. The asking monthly rent ranges from $2.05 psf to $2.10 psf with CAM of $0.35 psf. Gardena – Gardena Shopping Center, located at the intersection of Rosencrans Avenue and Normandie Avenue, has two spaces of 2,400 sq.ft. available along with a 3,000 sq.ft. outlot. Cotenants include Pizza Hut and Louisiana Fried Chicken. Area demographics include a population of 541,312 within five miles earning $65,501 as the average household income. The average daily traffic count is 55,000 vehicles. The asking monthly rent ranges from $1.50 psf to $3 psf with CAM of $0.30 psf. Riverside – Pedley Square, a power center located at the intersection of Limonite Avenue and Van Buren Avenue, has spaces available of 1,750 sq.ft.; 8,860 sq.ft. and 8,882 sq.ft. 99 Cent Only Store anchors the center and cotenants include Yum-Yum Donuts, MetroPCS and Little Caesar’s. Area retail includes Carl’s Jr. and McDonald’s. Area demographics include a population of 184,940 within five miles earning $61,137 as the average household income. The average daily traffic count is 60,000 vehicles. The asking monthly rent ranges from $1 psf to $2.05 psf with CAM of $0.35 psf. For details, contact Romina Rivani, Elite Shopping Centers Management, 2378 Westmoor Boulevard, Los Angeles, CA 90064; 310-474-8844, Fax 310-470-0421; Email: [email protected]; Web site: www.theretailcenters.com.

Connecticut

Cromwell – Cobblestone Plaza, a 21,300 sq.ft. specialty strip center situated on 5.99 acres on Berlin Road has space available.

CVS anchors the center and cotenants include Liberty Bank. Area retail includes Super Stop & Shop, a future Lowe’s Home Improvement, The Shops at Cromwell, featuring Big Kmart and X-Pect Discounts, and Crossroads of Cromwell, featuring Blockbuster Video, Bank of America and D’Angelo’s. Area demographics include a population of 96,193 within five miles earning $64,383 as the median household income. The asking rent is $25 psf NNN with CAM of $4.50 psf. For details, contact Jeff Streett, National Realty Advisors, LLC, 349 Valley Street, Suite 1, Willimantic, CT 06226; 877-672-3847, Fax 877-672-3847; Email: [email protected]; Web site: www.nradvisors.net.

Georgia

Calhoun – Indian Hills Shopping Center, a 133,130 sq.ft. center, has spaces available of 1,200 sq.ft.; 1,950 sq.ft. and 10,760 sq.ft. Tractor Supply Co., Ingles and Peebles anchor the center. Cotenants include CATO, Hibbett Sporting Goods, Payless ShoeSource, GNC and Chick-fil-A. Columbus – Fountain Park, a 107,105 sq.ft. strip center, has spaces available of 3,900 sq.ft. and 8,450 sq.ft. along with outlots of 3,150 sq.ft. and 6,117 sq.ft. T.J. Maxx and Winn-Dixie anchor the center. Cotenants include Shoe Show. Area demographics include a population of 235,500 within 10 miles earning $42,300 as the median household income. Woodstock – Village Shoppes of East Cherokee, a 128,667 sq.ft. strip center, has spaces available of 1,500 sq.ft.; 2,400 sq.ft. and 6,000 sq.ft. along with a 6,000 sq.ft. outlot. Publix anchors the center and cotenants include Sally Beauty Supply and Subway. Area demographics include a population of 386,000 within 10 miles earning $80,000 as the average household income. For details, contact Joe Schlosser, Phillips Edison & Co., 11501 Northlake Drive, Cincinnati, OH 45249; 513-618-4450, Fax 513-618-4445; Email: [email protected]; Web site: www.phillipsedison.com.

Illinois

Burbank – An 8,400 sq.ft. former Hollywood Video site located at the intersection of 79th Street and Harlem Avenue is available. Area retail includes Walgreens, Starbucks and Big Kmart. Area demographics include a population of 352,469 within five miles earning $69,394 as the average household

income. The average daily traffic count is 76,000 vehicles. Lincolnwood – A 7,920 sq.ft. freestanding building located on North Lincoln Avenue is available. Area demographics include a population of 833,683 within five miles earning $79,099 as the average household income. The average daily traffic count is 30,200 vehicles. For details, contact James Schutter or Kristy Allen, M&J Wilkow Retail Brokerage Services, 180 North Michigan Avenue, Suite 200, Chicago, IL 60601; 312-279-5941/5959; Emails: [email protected] and [email protected]; Web site: www.wilkow.com.

Champaign – A center located on Interstate 74 has spaces available from 801 sq.ft. to 2,000 sq.ft. Cotenants include Verizon Wireless, Classic Tan, Americash and Penn Station Deli. South Elgin – A center located at the intersection of Gyorr Avenue and Randall Road has spaces available from 2,001 sq.ft. to 3,500 sq.ft. Cotenants include Sears Home Appliance and AutoZone. Sycamore – A 10,000 sq.ft. center located at the intersection of Route 23 and Peace Road has spaces available from 2,001 sq.ft. to 3,500 sq.ft. Cotenants include Cabana Charley’s Bar/Restaurant. Area retail includes Walgreens and Farm & Fleet. Also, a 10,000 sq.ft. center located at the intersection of Route 23 and Coltonville Road has spaces available from 801 sq.ft. to 2,000 sq.ft. Cotenants include Allstate Insurance, Verizon Wireless, Milex Mr. Transmission and Batteries Plus. For details, contact Michael Carpenter, Carpenter Commercial Real Estate & Development, 126 South 4th Street, Suite A, DeKalb, IL 60115; 815-754-5455, Fax 815-748-3028; Email: [email protected].

Chicago – A 29,569 sq.ft. urban center located at the intersection of East Wacker Drive and Michigan Avenue has spaces available of 3,000 sq.ft.; 3,100 sq.ft. and 6,200 sq.ft. Cotenants include Chipotle. Area demographics include a population within three miles earning $73,007 as the median household income. The average daily traffic count is 22,000 vehicles. The asking rent ranges from $13 psf to $17 psf. For details, contact Ben Moss, Marc Realty, 55 East Jackson Boulevard, Chicago, IL 60604; 312-994-5602; Email: [email protected]; Web site: www.marcrealty.com.

Pilsen – A 4,692 sq.ft. building located along West 18th Street has a 1,564 sq.ft. restaurant space available. The asking rent is $28 psf NNN.

For details, contact Don Johansson, Jameson Real Estate, 425 West North Avenue, Chicago, IL 60610; 312-335-3276; Email: [email protected]; Web site: www.jameson.com.

Louisiana

Lafayette – An 18,000 sq.ft. strip center situated on a land area of 35,000 sq.ft. has a 2,300 sq.ft. space available. Pearson’s anchors the center and cotenants include Vision Express, AT&T Mobility, Pearson’s Luggage and Gifts, Yuki Japanese-Vietnamese and Sushi Bar and Imelda’s Fine Shoes. Area demographics include a population of 108,000 within 10 miles earning $68,000 as the median household income. The average daily traffic count is 60,000 vehicles. The asking rent is $18 psf. For details, contact Kevin Dalcourt, Chateau Realty Group, 2700 Moss Street, Lafayette, LA 70501; 800-384-9527, Fax 337-237-2143; Email: [email protected].

Mississippi

Jackson – Northwood Shopping Center, a 60,638 sq.ft. strip center situated on five acres on Northview Drive, has spaces available of 2,826 sq.ft; 2,856 sq.ft. and 5,341 sq.ft. It’s Fashion Metro anchors the center and cotenants include Family Dollar, Simply Fashion and Sally Beauty Supply. Area demographics include a population of 164,154 within 10 miles earning $51,599 as the average household income. The average daily traffic count is 32,000 vehicles. The asking rent is $9 psf with CAM of $3.32 psf. For details, contact Steve Patrick, Blue Ridge Capital, LLC, 3060 Peachtree Road, Suite 225, Atlanta, GA 30305; 404-358-2888, Fax 404-364-9095; Email: [email protected].

Nebraska

Omaha – Mission Pines Shops II, a 12,686 sq.ft. strip center located at the intersection of 168th Street and Harrison Street, has spaces available from 1,226 sq.ft. to 6,130 sq.ft. Area demographics include a population of 126,010 within five miles earning $105,959 as the average household income. The average daily traffic count is 23,750 vehicles. The asking rent is $15.50 psf. Also, Hawthorne Court, a strip center located at the intersection of 180th Street and Q Street, has spaces available of 3,240 sq.ft.

and 4,876 sq.ft. Area demographics include a population of 126,528 within five miles earning $109,956 as the average household income. The average daily traffic count is 25,350 vehicles. The asking rent ranges from $15 psf to $16 psf. Also, Ridgeview, located at the intersection of 180th Street and West Center Road, has spaces available of 1,339 sq.ft.; 2,568 sq.ft. and 7,630 sq.ft. along with outlots. Wal*Mart and Lowe’s Home Improvement shadow-anchor the center. Area demographics include a population of 148,903 within five miles earning $109,974 as the average household income. The average daily traffic count is 53,450 vehicles. The asking rent ranges from $16.95 psf to $19.50 psf. For details, contact John Luce, Coldwell Banker Commercial World Group, 780 North 114th Street, Omaha, NE 68154; 402-697-8899, Fax 402-697-8585; Email: [email protected]; Web site: www.worldgroupllc.com.

New Hampshire

Claremont – Claremont Plaza Shopping Center, a 58,544 sq.ft. strip center situated on four acres at the intersection of Washington Street and Arthur Street, has spaces available of 2,000 sq.ft.; 4,000 sq.ft. and 6,000 sq.ft. Big Lots and Dollar Tree anchor the center. Area demographics include a population of 40,277 within 10 miles earning $56,713 as the average household income. For details, contact Nicholas Forelli, Rosen Associates Management Corp., 33 South Service Road, Jericho, NY 11753; 516-281-1532, Fax 516-281-1562; Email: [email protected].

New Jersey

East Windsor – East Windsor Village, located on Princeton-Hightstown Road, has spaces available of 1,600 sq.ft. and 2,200 sq.ft. The asking rent is $25 psf with NNN of $6.38 psf. Holmdel – Holmdel Commons II, located at the intersection of Route 35 and Laurel Avenue, has a 37,500 sq.ft. space available. Also, Holmdel Town Center, located at the intersection of Route 35 and Laurel Avenue, has spaces available from 2,240 sq.ft. to 16,000 sq.ft. The asking rent ranges from $20 psf to $28 psf with NNN of $6.11 psf. Piscataway – Piscataway Town Center, located at the intersection of Centennial Avenue and South Washington Avenue, has spaces available of 1,819 sq.ft. and 2,867 sq.ft. The asking rent is $24 psf with NNN of $7.40 psf.

For details, contact Joshua Weinkranz, Tom Pira or Robert Wachtler, Kimco Realty; 516-869-7146/2516/2654; Emails: [email protected], tpira@kimcoreal ty.com and [email protected]; Web site: www.kimcorealty.com.

Edison – Colonial Village, a 70,000 sq.ft. mixed-use center located at the intersection of Route 27 and Parsonage Road, has a divisible space of 2,182 sq.ft. available. The space includes a basement. Area retail includes Menlo Park Mall and Woodbridge Center. Area draws include JFK Hospital. Area demographics include a population of 117,685 within three miles earning $113,603 as the average household income. The average daily traffic count is 27,000 vehicles. For details, contact Jaime M. Weiss or Matthew Weiss, Weiss Realty Co., Inc., 250 Moonachie Road, Moonachie, NJ 07074; 201-814-1800, Fax 201-623-2593 or 201-814-1811; Email: [email protected]; Web site: www.jweissrealty.com.

New York

Bridgehampton – Bridgehampton Commons, located on Montaux Highway, has a divisible space of 6,000 sq.ft. available. The asking rent is $40 psf with NNN of $3.89 psf. Centereach – Centereach Mall, located on Middle Country Road, has spaces available of 1,407 sq.ft. and 2,150 sq.ft. The asking rent for the 1,407 sq.ft. space is $20 psf with NNN of $5.71 psf. Commack – King Kullen Plaza, located on Sunken Meadow State Parkway, has a divisible space of 54,125 sq.ft. available. The asking rent is $15 psf with NNN of $7.59 psf. Freeport – Meadowbrook Commons, located on Route 27/Sunrise Highway, has a 4,197 sq.ft. space available. The asking rent is $28 psf with NNN of $14.08 psf. Hicksville – Hicksville Shopping Center, located on North Broadway, has a 6,470 sq.ft. lower-level space available. Duane Reade anchors the center. Area retail includes Broadway Mall. The asking rent is $18 psf. Jericho – Jericho Commons North, located at the intersection of North Broadway and Hicksville Road, has a 1,500 sq.ft. space available. The asking rent is $28 psf with NNN of $12.81 psf. Manhasset – Manhasset Center, located at the intersection of Northern Boulevard and Shelter Rock Road, has a 40,114 sq.ft. space available. The asking rent is $22 psf with NNN of $13.60 psf. Merrick – Merrick Commons, located at the intersection of Merrick Road and Chernucha Avenue, has a

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Illinois Nebraska New Jersey

1,280 sq.ft. space available. The asking rent is $30 psf with NNN of $10 psf. Mineola – Mineola Shopping Center, located on East Jericho Turnpike, has a 5,500 sq.ft. space available. The asking rent is $25 psf with NNN of $11 psf. Oceanside – A 1,856 sq.ft. former American Muffler located on Merrick Road is available. The asking rent is $30 psf with NNN of $11.29 psf. Plainview – Manetto Hill Plaza, located on Manetto Hill Road, has a 1,112 sq.ft. space available. The asking rent is $35 psf with NNN of $11.58 psf. Staten Island – Forest Avenue Shopping Center, located at the intersection of Forest Avenue and Barrett Avenue, has a 34,000 sq.ft. space available. The asking rent is $18 psf with NNN of $11.26 psf. Also, Greenridge Plaza, located on Arthur Kill Road, has spaces available of 810 sq.ft.; 858 sq.ft.; 1,015 sq.ft.; 1,100 sq.ft. and 1,250 sq.ft. The asking rent is $32 psf for the 810 sq.ft. and 858 sq.ft. spaces and $30 psf for the remaining spaces, with NNN of $12.67 psf. Also, Hylan Plaza Shopping Center, located at the intersection of Hylan Boulevard and Beach Avenue, has spaces available of 1,501 sq.ft.; 1,600 sq.ft.; 1,730 sq.ft. and 7,442 sq.ft. The asking rent is $25 psf for the 7,442 sq.ft. space and $35 psf for the remaining spaces, with NNN of $7.19 psf. Also, Richmond Shopping Center, located at the intersection of Richmond Avenue and Independence Avenue, has a divisible space of 3,500 sq.ft. available. The asking rent is $30 psf with NNN of $6.69 psf. For details, contact Joshua Weinkranz, Tom Pira or Robert Wachtler, Kimco Realty; 516-869-7146/2516/2654; Emails: j w e i n k r a n z @ k i m c o r e a l t y . c o m , [email protected] and [email protected]; Web site: www.kimcorealty.com.

Syracuse – Western Lights Plaza, a 249,137 sq.ft. strip center located at the intersection of Onondaga Boulevard and Grand Avenue, has a 40,000 sq.ft. space available. Price Chopper, A.J. Wright, Valu Home Center and Dollar Tree anchor the center. Cotenants include PCX, Rainbow, Sally Beauty Supply, Little Caesar’s and Western Lights Liquors. Area demographics include a population of 355,000 within 10 miles earning $62,000 as the average household income. The average daily traffic count is 35,000 vehicles. For details, contact Scott W. Faloni, Phillips Edison & Co., 3150 Washington Road, McMurray, PA 15317; 410-693-3248, Fax 724-260-0204; Email: [email protected]; Web site: www.phillipsedison.com.

Oklahoma City – 240 Penn Park, a power center located at the intersection of Interstate 240 and Pennsylvania Avenue, has space available. Cotenants include Ross Dress for Less, Old Navy, Michaels, Marshalls, Pier 1 Imports and PetSmart. Area retail includes Crossroads Mall. Also, Memorial Square, a center located at the intersection of Memorial Road and Pennsylvania Avenue, has a 33,881 sq.ft. space available. Cotenants include SuperTarget, P.F. Chang’s, Red Robin, DSW and Golf Galaxy. Area retail includes Quail Springs Mall. Also, Quail Springs Marketplace, a power center, has a freestanding building available for sublease. Area retail includes Quail Springs Mall, Lowe’s Home Improvement, Office Depot, SuperTarget, Sam’s Club and Best Buy. For details, contact Mark Inman, CB Richard Ellis, 1200 Northwest 63rd Street, Suite 500, Oklahoma City, OK 73116; 405-272-5326, Fax 405-272-5355; Email: [email protected]; Web site: www.cbreok.com.

Pennsylvania

Bethlehem – Shopper’s Village, located on Catasauqua Road, has a divisible 2,800 sq.ft. space available. Cotenants include CVS, Party City, Bank of America, Carvel, Dad’s Dogs, Beef Baron, Aerus and Primo Hoagies. Area retail includes Target, Sam’s Club and Valley Plaza, featuring Ollies, Dunkin’ Donuts, The UPS Store and Jiffy Lube. Area demographics include a population of 243,630 within five miles earning $58,752 as the average household income. The asking rent is $14 psf NNN. For details, contact James Balliet or Robert Thompson, KW Commercial, 40 South Cedar Crest Boulevard, Allentown, PA 18104; 610-435-4712/4713; Emails: [email protected] and [email protected].

Tennessee

Knoxville – A 5,162 sq.ft. space located on South Gay Street is available. Area demographics include a population of 140,968 within five miles earning $44,434 as the average household income. The asking rent is $14 psf NNN with taxes of $5,461. Oak Ridge – A 57,382 sq.ft. former Food City located at the intersection of Illinois Avenue and Oak Ridge Highway is available. Area retail includes Kroger, Wal*Mart, Lowe’s Home Improvement and JCPenney. Area demographics include a population of 34,279 within five miles. The asking rent is $5 psf with CAM of $0.18 psf.

For details regarding the Knoxville property, contact Oliver A. Smith IV, Oliver Smith Realty & Auction Co., Inc., 7216 Wellington Drive, Suite One, Knoxville, TN 37919; 865-584-2000, Fax 865-584-2515; Web site: www.oliversmithrealty.com. For details regarding the Oak Ridge property, contact Jennifer Davidson; Email: [email protected].

Texas

Atascocita – Atascocita Commons, a 500,000 sq.ft. power center located at the intersection of West Lake Houston Parkway and FM 1960 East, has spaces available of 3,400 sq.ft. and 10,000 sq.ft. Palais Royal, SuperTarget, Petco, Ross Dress for Less and Kohl’s anchor the center. Cotenants include Charming Charlies, dressbarn, Famous Footwear, Office Depot, On the Border, Carino’s, Sears, Applebee’s, Comerica, Mattress Firm, Mission Burrito, AT&T Mobility and Amegy Bank. Area retail includes Best Buy, Dollar Tree, 24 Hour Fitness, Wal*Mart, Kroger and H.E.B. Area demographics include a population of 108,279 within five miles earning $101,831 as the median household income. The average daily traffic count is 51,000 vehicles. The asking rent ranges from $20 psf to $26 psf with CAM of $1.56 psf and taxes of $2.76 psf. Houston – Villages at West Oak, a 280,884 sq.ft. power center located at the intersection of Highway 6 and Westheimer Road, has spaces available of 5,000 sq.ft.; 11,644 sq.ft. and 29,900 sq.ft. Best Buy, Barnes & Noble, Bed Bath & Beyond, Ross Dress for Less and OfficeMax anchor the center. Cotenants include Mattress Firm, Sport Clips, Marble Slab Creamery, Today’s Vision, Nationwide Insurance, Jackson Hewitt, GameStop, Avenue and Wingstop. Area retail includes Academy, Target, Conn’s and Burlington Coat Factory. Area demographics include a population of 300,038 within five miles earning $74,414 as the median household income. The average daily traffic count is 113,000 vehicles. The asking rent is $15 psf with CAM of $1.90 psf and taxes of $2.90 psf. Also, The Commons at Willowbrook, a 456,851 sq.ft. power center located at the intersection of FM 1960 and Highway 249, has spaces available of 7,200 sq.ft.; 18,000 sq.ft. and 35,000 sq.ft. Michaels, Marshalls, Bed Bath & Beyond, The RoomStore, OfficeMax and Ross Dress for Less anchor the center. Cotenants include Avenue, Starbucks, T.G.I. Friday’s, Men’s Wearhouse, Aaron Bros., Candlehouse, Nationwide Insurance, Chipotle, Eyemasters and The Vitamin Shoppe. Area retail includes Target, Wal*Mart, Barnes & Noble, Best Buy


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and Toys “R” Us. Area demographics include a population of 232,569 within five miles earning $88,601 as the median household income. The average daily traffic count is 119,000 vehicles. The asking rent ranges from $12 psf to $30 psf with CAM of $2.40 psf and taxes of $4 psf. For details, contact Jazz Hamilton, CB Richard Ellis, Inc., 2800 Post Oak Boulevard, Suite 2300, Houston, TX 77056; 713-577-1805, Fax 713-577-1677; Email: [email protected]; Web site: www.cbre.com.

Universal City – Triangle Shopping Center, a 140,030 sq.ft. center located at the intersection of Loop 1604 and Pat Booker Road, has spaces available of 1,350 sq.ft. and 2,344 sq.ft. Area demographics include a population of 182,204 within five miles earning $72,130 as the average household income. For details, contact Cal Ivey, Rohde, Ottmers & Siegel Realty, Inc., 85 Northeast Loop 410, Suite 100, San Antonio, TX 78216; 210-366-1400 Ext. 116, Fax 210-366-0246; Email: [email protected]; Web site: www.rohderealty.com.

Norfolk – Dollar Tree Center, located at the intersection of East Little Creek Road and Mona Avenue, has a 15,392 sq.ft. space available. Taylor’s Do It Center and Dollar Tree anchor the center. Cotenants include Marion’s Pet World, Anytime Fitness, Hair Plus, Superb Cutz and CJ Alterations. Area retail includes Roosevelt Gardens Shopping Center. Area demographics include a population of 201,637 within five miles earning $58,395 as the average household income. The average daily traffic count is 29,000 vehicles. The asking rent is $12 psf. For details, contact Global Real Estate Investment, 208 East Plume Street, Suite 333, Norfolk, VA 23510; 757-622-6009, Fax 757-622-5460; Web site: www.globalrei.com.

Williamsburg – High Street, a 250,000 sq.ft. mixed-use center situated on 53 acres on Richmond Road, has spaces available of 1,000 sq.ft. and 20,000 sq.ft. along with a 21,780 sq.ft. outlot. Movie Tavern and Virginia Co. Bank anchor the center. Cotenants include Five Guys Famous Burgers and Fries and Daily Grind. Area demographics include a population of 59,644 within five miles

earning $85,088 as the average household income. The average daily traffic count is 24,000 vehicles. For details, contact Missy Swartworth, The Katsias Co., 512 South Lynnhaven Road, Virginia Beach, VA 23452; 757-490-3585, Fax 757-490-3676; Email: [email protected]; Web site: www.katsias.com.

Washington, DC

Washington, DC – A 2,805 sq.ft. space is available on Connecticut Avenue Northwest. The asking rent ranges from $32 psf to $40 psf NNN. Area retail includes Chipotle, Bank of America, M&T Bank and Baskin Robbins. Area demographics include a population of 320,631 within three miles earning $107,336 as the average household income. For details, contact Robert Tack or Jeremy McMillan, Capital Retail Group, 1401 14th Street Northwest, 3rd Floor, Washington, DC 20005; 202-319-2884 or 202-683-4059; Emails: [email protected] and [email protected].

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Dealmakers Magazine | August 14, 2009

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Transcript of Dealmakers Magazine | August 14, 2009