Dealmakers Magazine | November 20, 2009

Avenue operates 500 locations nationwide. The stores, offering affordable women’s fashions, occupy spaces of 4,000 sq.ft. to 6,000 sq.ft. in inline spaces of shopping centers. Growth opportunities are sought throughout the central and western coastal areas of FL during the coming 18 months, with representation by Katz & Associates. For more information, contact Marty Hennessy, Katz & Associates, 2000 Glades Road, Suite 206, Boca Raton, FL 33431; 561-361-7232, Fax 561-361-7276; Email: [email protected]; Web site: www.avenue.com.

Maui Clothing Co., Inc. trades as Making Waves, Maui Clothing, Escape to Maui, Panama Jack’s, Cruise and Maui Water Wear at 21 locations throughout HI. The stores, offering upscale women’s casual clothing and swimwear, occupy spaces of 1,000 sq.ft. to 1,500 sq.ft. in tourist centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run five years with two, five-year options. Preferred cotenants include other upscale women’s apparel retailers. Preferred demographics include a population of 50,000 within five miles earning $70,000 as the average household income. The company will also consider sites within hotels. For more information, contact Edward Wayne, Maui Clothing Co., Inc., 401 Kamakee Street, Suite 414, Honolulu, HI 96814; 808-596-2713, Fax 808-596-2720; Email: [email protected].

A&E Stores, Inc. trades as Pay/Half, Strawberry and Bolton’s at 100 locations throughout CT, IL, MA, NJ, NY, PA and RI. Pay/Half occupies spaces of 7,500 sq.ft. to 15,000 sq.ft.; Strawberry occupies spaces of 3,000 sq.ft. to 6,000 sq.ft., and Bolton’s occupies spaces of 1,800 sq.ft. to 3,000 sq.ft. in urban/downtown areas and specialty, strip and value centers. Plans call for 10 to 15 openings throughout the existing markets during the coming 18 months. Typical leases run 10 years with options. Specific improvements may be required. For more information, contact Bruce Kleiman, A&E Stores, Inc., 1000 Huyler Street, Teterboro, NJ 07608; 201-393-0600, Fax 201-393-0798; Web site: www.payhalfstores.com.

Bon Worth operates 300 locations nationwide. The women’s apparel chain occupies spaces of 1,300 sq.ft. to 1,800 sq.ft. in grocery-anchored strip centers and from 1,300 sq.ft. to 3,000 sq.ft. in enclosed malls. Growth opportunities are sought throughout the eastern, midwestern and southern U.S. excluding the Northeast and FL, during the coming 18 months, with representation by Felenstein Was & Associates, Inc. For more information, contact Darren Was, Felenstein Was & Associates, Inc., 47 East 77th Street, Suite 205, New York, NY 10075; 212-772-9829 Ext. 12, Fax 212-535-9108; Email: [email protected]; Web site: www.fwacgroup.com.

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Volume XXIV No. XLIV November 20, 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 17,748 locations with plans to open 1,707 sites

* Real estate valued in excess of $730.03 million to be bought, sold & financed* Leasing activity on over 7.634 million sq.ft. of retail properties

Apparel Chains Expand Nationwide

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New Construction Kite Realty is preleasing a center in Delray Beach, FL ....

Profile|Konover South, LLC

Buyers & SellersMarcus & Millichap is selling several properties throughout FL .........................................

Kin Properties looks to acquire single-tenant sites nationwide

OpeningsWhole Foods Market will open stores in Dallas, TX ......

Skechers plans to open nationwide ...........................

Food Retailers ExpandPollo Tropical looks for sites throughout FL .......................

Lease SigningsL3 Corp. negotiated leases with PetSmart throughout the Midwest ...............................

Lead SheetTire Choice looks for sites in Broward and Palm Beach counties in FL .......................

Shoe Avenue plans to expand along the western coast of FL

Sources of FinancingFrias Financial provides financing for strip malls and retail centers nationwide .......

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

ICSC South Florida Idea Exchange

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Maxim Realty Group, LLC is preleasing Northfield Village Center, located at the intersection of Willow Road and Northfield Road in Chicago, IL. Spaces are available with the possibility of drive-thru. Area retail includes Dominick’s and Walgreens. Area demographics include a population of 206,390 within a five-mile radius earning a median household income of $103,044. For more information, contact Robert A. Zacharias, Maxim Realty Group, LLC, 1125 Remington Road, Schaumburg, IL 60173; 847-884-5974; Email: [email protected].

Kite Realty Group is preleasing Delray Marketplace, a 300,000 sq.ft. lifestyle center located at the intersection of West Atlantic Avenue and Lyons Road in Delray Beach, FL. Frank Theatres and Publix anchor the center. Anchor and shop spaces are available along with pad sites. Trade-area demographics include a population of 278,048 earning an average household income of $89,415. The center is slated to open during 2010. The company is also preleasing Broadstone Station, located at the intersection of NC 55 and U.S. Highway 1 in Cary, NC. Walmart Supercenter anchors the center. Junior anchor and shop spaces are available along with outlots. Area demographics include a population of 276,005 within a 10-mile radius earning an average household income of $92,049. The center is slated to open during September 2010. For more information regarding Delray Marketplace, contact Marty Arrivo, David Robinson or Scott Barrett, Kite Realty Group, 30 South Meridian Street, Suite 1100, Indianapolis, IN 46204; 317-713-5680/5156/5150, Fax 317-577-5605; Emails: [email protected], [email protected] and [email protected]; Web site: www.kiterealty.com. For more information regarding Broadstone Station, contact Scott Barrett, David Robinson, Jim Roche or Craig Siegel; 317-577-5606/5616; Emails: [email protected] and [email protected].

Spake Real Estate is preleasing Merrimon North, a 410,000 sq.ft. mixed-use center located along North Merrimon Avenue in Asheville, NC. The center features retail, restaurant and office components and spaces from 1,000 sq.ft. to 25,000 sq.ft. are available. The asking rent ranges from $11 psf NNN to $23 psf NNN. The center is being constructed in phases which are slated to open through 2014. For more information, contact John Spake, Spake Real Estate; 828-277-9670; Email: [email protected].

Stoltz is preleasing New Castle Town Center, a 515,016 sq.ft. center located at the intersection of Route 273/Christiana Road and Route 13/Dupont Highway in New Castle, DE. Walmart anchors the center. Area draws include Longwood Gardens, Winterthur Museum, Delaware Museum of Natural History, Brandywine Creek State Park and Hagley Museum. Area demographics include a population of 473,649 within a 10-mile radius earning an average household income of $74,649. The average daily traffic count is 94,635 vehicles.

The company is also preleasing The Shops at Cheyenne, a 180,000 sq.ft. center located at the intersection of Cheyenne Avenue and Clayton Street in North Las Vegas, NV. Spaces are available. Area demographics include a population of 141,015 within a three-mile radius earning an average household income of $55,394. The average daily traffic count is 36,000 vehicles. For more information regarding New Castle Town Center, contact Mark Curcio or Gloria Mercado, Stoltz, 725 Conshohocken State Road, Bala Cynwyd, PA 19004; 888-777-3557 Ext. 150/155, Fax 610-664-1976; Emails: [email protected] and [email protected]; Web site: www.stoltzusa.com. For more information regarding The Shops at Cheyenne, contact Joseph S. Soussana; 847-966-9240; Email: [email protected].

Edgewood Properties is preleasing the second phase of Market Place at Franklin, a 198,573 sq.ft. center located at the intersection of Route 27 and Veronica Avenue in Franklin Township, NJ. Shop spaces and pad sites are available. Cotenants include Wachovia Bank. The company is also preleasing Market Place at Lopatcong, a 544,248 sq.ft. power center located along Route 22 in Lopatcong, NJ. Anchor and retail spaces are available along with bank, restaurant and pad sites. The company is, in partnership with JMP Holdings, also developing Market Place at Monterey Park, a 506,813 sq.ft. power center located along Pomona Freeway in Monterey Park, CA. Spaces up to 150,000 sq.ft. are available. The company is also preleasing Market Place at Monroe, a 750,000 sq.ft. power center and lifestyle center located along Route 33 in Monroe, NJ. Anchor and shop spaces are available along with restaurant, bank and pad sites. The company is also preleasing Nantucket at Galloway, a 92,235 sq.ft. center located along South Pitney Road in Galloway, NJ. Cotenants include CVS. Anchor and shop spaces are available along with bank pads. The company is also preleasing a 13,020 sq.ft. center located along Lakewood Road in Dover Township, NJ. Shop spaces and pad sites are available. The company is also preleasing The Commons at College Pointe, a 17,476 sq.ft. mixed-use center, with retail and office components, located along Colby Drive in Ft. Myers, FL. Spaces up to 14,714 sq.ft. are available. For more information, contact Edgewood Properties, 1260 Stelton Road, Piscataway, NJ 08854; 732-985-1900, Fax 732-985-5588; Web site: www.edgewoodproperties.com.

New CoNstruCtioN

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November 20, 2009 The Dealmakers www.dealmakers.net

Florida is known in certain sporting circles, namely college football, as a state full of speed. Every athlete from the Sunshine State, be they a lanky receiver or a monstrous lineman, seemingly moves faster than they should. Konover South, located in the middle of the South Florida metropolitan area, echoes this attribute in its speedy, efficient business practices.

Konover South is the southeastern subsidiary of Simon Konover Co., which was founded by Simon Konover in West Hartford, CT during the 1950s. Today, the company oversees a portfolio in excess of 5.5 million sq.ft. from its offices in Deerfield Beach, FL and functions as a full-service brokerage firm, with services including retail acquisitions, development, leasing, property management, real estate and zoning, shopping center acquisition, construction and development and tenant representation. The company is lead by David Coppa, principal and representative of the third generation of the Konover family. Blair Hyatt, executive vice president; Bill Powell, vice president of asset management and Trey Patton, controller, round out the rest of the company’s leadership team.

Konover South is primarily focused towards development and property management. David Coppa says, “Leasing and management are two of our major strengths, and we have begun offering those

services to third parties.” He says, “We operate from an ‘at-risk owner’ perspective - we lease and manage centers like we operate our own.” He says, “Excess costs, even when passed down to the tenant, result in lower base rents and reduce cash flow.” In addition to cost analysis, he notes the company aggressively monitors its managed properties and tends to its tenants, using the

Internet, postcards and face-to-face meetings. The company operates all departments in-house, including leasing, development, construction, insurance, paralegal and property management.

Konover South is an established developer in the South Florida market. Its bread-and-butter has long been the grocery-anchored neighborhood center, but the company is breaking away from that archetype for its latest project. The Shoppes at Wesley Chapel, a mixed-use project the company is developing on 50 acres at the intersection of Zephyrhills Bypass and New Curley Road in Wesley Chapel, FL, will feature a 399,000 sq.ft. retail component, a 60,000 sq.ft. office component and a 40-unit multi-family component. The center will include a discount department store as its anchor, in lieu of a supermarket, along with four junior anchors, shop spaces and outlots. The company expects the project to open during the first quarter of 2012.

Recent deviations aside, the company’s typical center is the grocery-anchored neighborhood center and the majority of properties in its portfolio reflect that design. Publix and Winn-Dixie each anchor three centers in the portfolio. Winn-Dixie anchors Admirals Crossing, a 73,000 sq.ft. center in Jupiter, FL; Plaza at Davie, a 270,000 sq.ft. center located in Davie, FL, and Point Meadows, a 130,000 sq.ft. center located in Jacksonville, FL. Publix anchors Governors Crossing, located in Tallahassee, FL; Inverrary Falls, an 85,500 sq.ft. center located in Lauderhill, FL, and Poinciana Place, a 108,000 sq.ft. center located in Kissimmee, FL. In addition to the two supermarket chains, Coppa says, “We have long-standing relationships with a number of leading national retailers, including ABC Liquor, CVS Pharmacy, Home Depot, HomeGoods, Jo-Ann Fabrics, Kmart, Kroger, Marshalls, Office Depot, OfficeMax, Petco, Stein Mart, T.J. Maxx, Walgreens and Walmart.

In addition to development, Konover South will also acquire properties. Its most recent acquisition is Point Meadows, the aforementioned Winn-Dixie-anchored, 130,000 sq.ft. center located at the intersection of Interstate 295 and Baymeadows Road in Jacksonville, FL. Along with the supermarket, Stein Mart anchors the center and cotenants include Bank of America, Brooklyn Pizza, Jackie Lee’s, Jenny Craig, Planet Beach, Schroeder’s School of Music, Taylor Lane & Co. Day Spa, Verizon Wireless, Walgreens and Wendy’s. The company recently leased a 4,200 sq.ft. space in the center to South Jacksonville Baptist Church.

Every company has experienced difficulties in the current economy, especially those with interests in acquisitions and development. While Konover South has been affected, Coppa says the effects have been minimized through the company’s actions. “In property management, we are doing what most owners are doing - working with our tenants that need help to survive these difficult times and offering short-term leases with low rents for new tenants. All of our centers are experiencing what all other centers are experiencing, but we are not-too-highly leveraged, which is helping us withstand the market difficulties.” On the financing front, he says money is available despite the altered market, but it is available in lesser quantities. He says, “In the past, lenders would lend at 90% of value, but now they will only lend at 65% of value. Owners and developers have to come up with this 25% difference in cash, which is creating problems.”

By moving quickly to alleviate problems for its tenants and its clients, and by relentlessly working to improve its portfolio, Konover South has maintained its presence in South Florida and is prepared to grow.

For more information, contact David Coppa, Konover South, LLC, 431 Fairway Drive, Deerfield Beach, FL 33441; 954-354-8282; Email: [email protected]; Web site: www.konoversouth.com.

To feature your company in an upcoming “Profile” in The Dealmakers, contact Ann O’Neal at [email protected]. In your email, please give a brief synopsis of what your company does and what makes it stand out from the crowd.

Profile — A moNthly ColumN feAturiNg retAil reAl estAte ComPANies

KoNover south, llC — fAst-ACtiNg, full-serviCe firm iN floridAby Nicholas Hamner

David Coppa

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Colliers International is selling a 14,010 sq.ft. development parcel located along Long Beach Boulevard in Lynwood, CA. Area retail includes Denny’s, Quiznos, HomeTown Buffet, Wing Stop, Baskin Robbins, Kragen Auto Parts, Little Caesar’s, Smart & Final, 99 Cents Only, The UPS Store, Wireless Toyz, Rent-A-Center and Food4Less. Area demographics include a population of 1.003 million within a five-mile radius earning an average household income of $51,428. The average daily traffic count is 47,054 vehicles. The asking price is $875,000. The company is also selling Imperial at Hoover Plaza, an 11,968 sq.ft. center situated on a land area of 26,572 sq.ft. along West Imperial Highway in Los Angeles, CA. Tenants include MetroPCS, Mother’s Nutritional Center, Watts Health, Subway, RPM Lenders, Mini Check Cashing and Fiesta Ranch Market. The tenants are bound to NNN leases set to expire between March 2011 and May 2014 featuring annual rent escalations and options. Area demographics include a population of 383,978 within a three-mile radius earning an average household income of $44,315. The average daily traffic count is 35,076 vehicles. The NOI is $401,532. The asking price is $5.735 million. The company is also selling Long Beach Plaza, a 25,281 sq.ft. center situated on a 1.12-acre parcel located along North Long Beach Boulevard in Compton, CA. Tenants include Teriyaki Restaurant, Chinatown Express/Louisiana Fried Chicken, MetroPCS, Abel’s Boutique, Frutas Michelle and Galindo Lock & Key. Tenants are bound to NNN leases set to expire between December of this year and December 2018 featuring annual rent escalations and options. The NOI is $354,516. The asking price is $5.065 million with a Cap rate of 7%. The company is also selling a mixed-use development situated on a land area of 60,387 sq.ft. along Firestone Boulevard in South Gate, CA. The fully-entitled project features a 47-unit residential component and an 18,090 sq.ft. retail component. Area demographics include a population of 1.069 million within a five-mile radius earning an average household income of $49,517. The average daily traffic count is 35,000 vehicles. The asking price is $3.8 million. For more information, contact Armando Aguirre, Colliers International, 865 South Figueroa Street, Suite 3500, Los Angeles, CA 90017; 213-532-3272, Fax 213-327-3272; Email: [email protected]; Web site: www.colliers.com.

Marcus & Millichap Real Estate Investments|Wolfe & Zimmerman, on behalf of a buyer, is looking to acquire single-tenant properties and power centers nationwide. The

company is also selling a 7,000 sq.ft. Advance Auto site located along Fellsmere Road in Sebastian, FL. The asking price is $2.36 million with a Cap rate of 7.76%. The company is also selling a Buffalo Wild Wings site located along Bayou Boulevard in Pensacola, FL. The tenant is bound to a NNN ground lease. Area retail includes Cordova Mall. The asking price is $2 million with a Cap rate of 7%. The company is also selling a 9,100 sq.ft. Dollar General site located along Ridgewood Avenue in Holly Hill, FL. The asking price is $1.625 million with a Cap rate of 8.75%. The company is also selling SunTrust Crossing, a 6,400 sq.ft. center located along Glades Circle in Weston, FL. The asking price is $3.2 million with a Cap rate of 8.32%. For more information, contact Barry M. Wolfe or Michael S. Zimmerman, Marcus & Millichap Real Estate Investments|Wolfe & Zimmerman, 5900 North Andrews Avenue, Suite 100, Ft. Lauderdale, FL 33309; 954-245-3497/3501; Email: [email protected] and [email protected]; Web site: www.marcusmillichap.com.

ARC Properties, Inc. acquired a Wachovia Bank building located along Route 42 in Turnersville, NJ. Area retail includes Walmart and Staples. For more information, contact ARC Properties, Inc., 1401 Broad Street, Clifton, NJ 07013; 973-249-1000, Fax 973-249-1001; Web site: www.arcproperties.com.

Colliers Arnold negotiated the sale of an 18,849 sq.ft. retail center located at City Crossings along James L. Redman Parkway in Plant City, FL. Ovation Properties, LLC acquired the property from Buckley Properties for $4.85 million. The company represented the seller and Coldwell Banker Commercial NRT represented the buyer in the transaction. For more information, contact Colliers Arnold, 311 Park Place Boulevard, Suite 600, Clearwater, FL 33759; 727-442-7184, Fax 727-449-2428; Email: [email protected]; Web site: www.colliersarnold.com.

NAI Realvest negotiated the sale of a 22.7-acre development parcel located along U.S. Highway 27 in Groveland, FL. The company represented the buyer in the transaction. For more information, contact Jeff Ettinger or Patrick Mahoney, NAI Realvest, 2200 Lucien Way, Suite 350, Maitland, FL 32751-7019; 407-875-9989; Emails: [email protected] and [email protected]; Web site: www.nairealvest.com.

Faris Lee Investments is selling a 23,087 sq.ft. Vons Fuel site located along De Palma Road in Corona, CA. Area retail includes Vons Supermarket and CVS. The tenant is bound to a 20-year NNN lease featuring six, five-year options, a 10% rent escalation after 10 years and 11% rent escalations at each option. Trade-area demographics include a population earning an average household income of $93,000. The NOI is $160,000. The asking price is $2.37 million with a Cap rate of 6.75%. For more information, contact Dennis Vaccaro, Faris Lee Investments; 949-221-1806; Email: [email protected]; Web site: www.farislee.com.

The Rotella Group, Inc. is selling a 6,303 sq.ft. former Roadhouse Grill Restaurant situated on 44,450 sq.ft. along Pines Boulevard in Pembroke Pines, FL. Area demographics include a population of 409,339 within a five-mile radius earning an average household income of $65,474. The average daily traffic count is 56,000 vehicles. The asking price is $1.875 million. The company is also selling a 23.63-acre development parcel located at the intersection of Hillsboro Boulevard and State Route 7 in Coconut Creek, FL. Area retail includes Walmart Supercenter. The asking price is $16.5 million. For more information, contact Buzz Smith, The Rotella Group, Inc., 3300 North Federal Highway, Suite 200, Ft. Lauderdale, FL 33306; 954-568-9015, Fax 954-568-9597; Email: [email protected]; Web site: www.rotellagroup.com.

Blue Ridge Capital, LLC is selling a 54,500 sq.ft. former Lowe’s Home Improvement located along East Broad Avenue in Rockingham, NC. The former tenant is bound to the lease until September 2012. The NOI is $335,000. The asking price is $1.575 million with a Cap rate of 21.27%. For more information, contact Michael Koch, Blue Ridge Capital, LLC, 3060 Peachtree Road, Suite 225, Atlanta, GA 30305; 678-298-1096, Fax 404-364-9095; Email: [email protected]; Web site: www.blueridgecapital.com.

Real Estate Professionals, Ltd. is selling a one-acre pad site located at the intersection of State Route 60 and Bartow Avenue in Auburndale, FL. The parcel is buildable to 2,940 sq.ft. For more information, contact George Erickson, Real Estate Professionals, Ltd., 2080 Brigadier Drive, Spring Hill, FL 34608; 352-293-2685, Fax 727-388-5001; Email: [email protected].


Buyers ANd sellers

(continued on page nine)

JPMorgan Chase & Co. (212-270-6000) plans to open a Chase Bank branch in Southfield, MI before year’s end and plans to open a branch in Oakland County, MI during 2010. The company currently operates 298 bank branches throughout MI.

Morley Brands, LLC (800-651-7263) plans to open Sanders confection shops throughout the Detroit, MI metropolitan and suburban areas. The company recently opened a flagship store, featuring a soda fountain with counter seating, at Twelve Oaks Mall in Novi, MI, and new stores are set to follow this concept. The company will also rebrand and renovate existing Sanders and Morley shops to the new concept.

Gucci, Inc. (212-750-5220) will open a Gucci store at NorthPark Center, located in Dallas, TX, during the spring of 2010. The luxury goods tenant will join ILORI, Intimacy, Lego, lululemon athletica, Swarovski, Henri Bendel, Buckle, Herve Leger by Max Azria, Louis Vuitton, Charlotte Russe and See’s Candies, along with BVLGARI, Betsey Johnson, clear and SWAG, which are slated to open next month, and Vans, which is slated to open during the spring of 2010.

Spartan Stores, Inc. (616-878-2000) will open a D&W Fresh Market store during the middle of its 2011 fiscal year. Additionally, the company will relocate two stores during 2011 and 2012 and open two fuel centers. The company currently operates 97 stores throughout MI and OH under the D&W Fresh Markets, Family Fare Supermarkets, Felpausch Food Centers, Glen’s Markets and VG’s Food and Pharmacy.

Hale and Hearty (212-255-2400) is looking to open restaurants throughout the 6th Avenue, Financial District, Midtown, Midtown South, Nolita, Penn Plaza, Soho, Times Square, Tribeca, Upper East Side and Upper West Side areas of Manhattan, NY. The restaurants, serving soups, salads and sandwiches, prefer to occupy spaces of 1,100 sq.ft. to 1,800 sq.ft.

Whole Foods Market, Inc. (512-477-4455) will open a Whole Foods Market grocery store at Park Lane, a mixed-use development located along North Central Expressway in Dallas, TX during the spring of 2010. The company will also open a store at Village at Fairview, located in Dallas, TX, during the fall of 2010.

Tim Hortons, Inc. (905-845-6511) will open 12 Tim Hortons doughnut shops throughout MI during 2010. The company recently opened stores in former Starbucks sites at Millender Center and at the intersection of East Jefferson Avenue and East Grand Boulevard in Detroit, MI. The company currently operates 130 restaurants throughout MI.

Wal-Mart Stores, Inc. (479-273-4000) will open a 131,000 sq.ft. Walmart Supercenter discount store along Lester Avenue in Johnson City, NY during the fall of 2010. The store will feature a full grocery department and will operate 24-hours. The company currently operates 4,200 Walmart Supercenter, Walmart, Walmart Neighborhood Market and Sam’s Club locations nationwide. The company also plans to open fewer Sam’s Club stores during the next several years as it shifts resources to redevelop the interiors of existing locations to feature more grocery and drug items and a new, center-aisle floorplan. The company is also slowing its Walmart expansion and reducing the size of its floorplans as it moves into more urban areas.

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page 6 November 20, 2009 The Dealmakers www.dealmakers.net

who’s oPeNiNg ANd where

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Hurricane AMT, LLC trades as Hurricane Grill & Wings at 35 locations throughout AZ, FL, NY and OH. The fast-casual restaurants occupy spaces of 2,500 sq.ft. to 5,000 sq.ft. in freestanding locations, urban/downtown areas and entertainment, mixed-use and specialty centers. Growth opportunities are sought throughout Tampa, St. Petersburg and southern FL during the coming 18 months, with representation by Hurricane Wings Realty, LLC. Typical leases run five years with three, five-year options. A tenant improvement allowance is required. Preferred cotenants include major retailers. Preferred demographics include a population of 40,000 within three miles earning $33,000 as the average household income. Major competitors include Hooters and Ker’s Wings. The company prefers to locate in second-generation restaurant spaces. For more information, contact Tom Houlihan, Hurricane Wings Realty, LLC, 49 North Federal Highway, Suite 311, Pompano Beach, FL 33062; 954-366-5927; Email: [email protected]; Web site: www.hurricanewings.com.

Carrols Corp. trades as Burger King at 330 locations throughout IN, KY, MA, ME, MI, NC, NJ, NY, OH, PA, SC and VT; as Pollo Tropical at 70 locations throughout CT, FL, NJ and NY, and as Taco Cabana at 140 locations throughout OK, NM and TX. The fast food restaurants occupy spaces of 3,000 sq.ft. in freestanding locations, malls and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 20 years. A land area of one acre is required for freestanding locations. For more information, contact Rick Cross, Carrols Corp., 968 James Street, Syracuse, NY 13217; 315-424-0513 Ext. 2295, Fax 315-475-9616; Web site: www.carrols.com.

Hershey’s Ice Cream operates four locations throughout MD, northern VA and Washington, DC. The ice cream shops occupy spaces of 800 sq.ft. to 1,500 sq.ft. in freestanding locations, malls and mixed-use, power, specialty and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months, with representation by National Real Estate Brokerage, Inc. The company will only consider sites located near movie theaters. For more information, contact Jeff Gelberman or Andy Hotchkiss, National Real Estate Brokerage, Inc., 6001 Montrose Road, Suite 310, Rockville, MD 20852; 301-770-8585, Fax 301-770-8591; Email: [email protected].

Billy Goat Tavern operates eight locations throughout IL and Washington, DC. The restaurants occupy spaces of 1,500 sq.ft. to 3,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout San Diego, CA; IL; NY and Washington, DC during the coming 18 months. For more information, contact Sam Sianis, Billy Goat Tavern, 430 North Michigan Avenue, Chicago, IL 60611; 312-222-1525, Fax 312-670-9013; Web site: www.billygoattavern.com.

Wendy’s operates 6,600 locations nationwide and internationally. The fast food restaurants occupy spaces of 3,200 sq.ft. in freestanding locations. Growth opportunities are sought throughout Los Angeles and Ventura counties in CA during the coming 18 months, with representation by Retail Net Lease Properties, Inc. A land area of 25,000 sq.ft. to 30,000 sq.ft. with drive-thru approvals is required. For more information, contact Kevin Barry, Retail Net Lease Properties, Inc., 360 North Sepulveda Boulevard, Suite 1020, El Segundo, CA 90245; 310-252-7656, Fax 310-414-0040; Email: [email protected]; Web site: www.rnlp.biz.

Denny’s, Inc. trades as Denny’s at 1,500 locations nationwide and internationally. The restaurants occupy spaces of 3,900 sq.ft. to 5,500 sq.ft. in freestanding locations and power and strip centers. Growth opportunities are sought nationwide during the coming 18 months. Typical leases run 20 years. For more information, contact Kathy Lawson, Denny’s, Inc., 203 East Main Street, Spartanburg, SC 29319; 864-597-7223, Fax 864-597-7708; Email: [email protected]; Web site: www.dennys.com.

Frisch’s Restaurants, Inc. trades as Frisch’s Big Boy and Golden Corral at 126 locations throughout IN, KY, OH, PA and WV. The restaurants occupy spaces of 5,000 sq.ft. in freestanding locations. Growth opportunities are sought for the Frisch’s Big Boy concept throughout Lexington, Louisville and northern KY and Cincinnati, Columbus and Dayton, OH during the coming 18 months. A land area of 1.25 acres is required. The company prefers to acquire sites. For more information, contact Jim Horwitz, Frisch’s Restaurants, Inc., 2800 Gilbert Avenue, Cincinnati, OH 45206-1206; 513-559-5300; Email: [email protected]; Web site: www.frischs.com.


food retAilers exPANd NAtioNwide

1,200 – 50,000 sq. ft. and outparcel available

885 Second Avenue • One Dag Hammarskjold Plaza • 34th Floor • New York, N.Y 10017

total population1 mile - 37,1213 miles - 172,5775 miles - 485,646

Median HH income$44,181

Traffic count33,210 vehiclesper day

FiestaDots

Citi TrendsDollar Tree

Family DollarAnna’s Linens

Palais RoyalRainbow Shops

Burger KingPayless ShoeSource

Little CaesarsChase Bank

Major tenants include

For more information please contact:

albert silvera phone: email:Leasing Director 888-320-3470 [email protected]

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Nordstrom, Inc. (206-628-2111) will open a 33,912 sq.ft. Nordstrom Rack store at Pentagon Centre, located in the Pentagon City area of Arlington, VA, during the fall of 2010. The Rack stores carry discounted goods from the company’s full-price Nordstrom stores in addition to apparel, accessories and shoes purchased specifically for the stores. The tenant will join Costco, Marshalls, Best Buy and Borders. The company currently operates 181 units, including 112 Nordstrom stores, 66 Nordstrom Rack stores, two Jeffrey boutiques and a clearance store, throughout 28 states nationwide.

My Suit New York (212-594-0077) will open a 3,000 sq.ft. My Suit store along Madison Avenue, between 45th Street and 46th Street in Manhattan, NY, later this month. The opening will be the company’s third in the tri-state area. The stores offer men’s tailored apparel.

Skechers USA, Inc. (310-318-3100) plans to open six Skecher stores during the remainder of its 2009 fiscal year, and will open between 20 to 25 stores nationwide and internationally during its 2010 fiscal year. The company plans to open a store at Eastern Town Center in Columbus, OH.

SUPERVALU, Inc. (952-828-4000) will open as many as 100 Sav-A-Lot discount supermarkets nationwide during 2010, and will have opened 50 during 2009, as part of a plan to double the brand’s store count during the next five years. The company currently operates 4,300 stores nationwide, under the Acme, Albertsons, bigg’s, Bristol Farms, Cub, Farm Fresh, Hornbacher’s, Jewel-Osco, Shaw’s/Star Market, Shop ‘N Save and Shoppers trade names, including 1,200 Save-A-Lot stores.

Beverages & More, Inc. (925-609-6000) plans to open BevMo stores throughout AZ and CA, along with neighboring states, as part of a plan to eventually operate 200 stores throughout the western U.S. The stores, offering wine, spirits, beer, nonperishable food and other goods, carry more than 3,000 varieties of wine, 1,000 varieties of beer and 1,200 types of spirits along with unique soft drinks. The company currently operates 100 units throughout AZ and CA.

BareFeetShoes, Inc. (410-902-6090) is planning to open Bare Feet Shoes locations throughout Christiana and Dover, DE, as well as those parts of the state bordering Route 202. The shoe stores typically occupy spaces of 8,000 sq.ft. to 18,000 sq.ft.

Buffalo Wild Wings, Inc. (800-499-9586) will open six Buffalo Wild Wings restaurants throughout MI during 2010. The company currently operates 37 locations throughout the state.

The Cutting Room (212-691-1900) is looking to open locations throughout New York, NY. The live music venues typically occupy spaces of 6,000 sq.ft. to 10,000 sq.ft.

Pinkberry, Inc. (323-730-9889) will open three to five stores throughout Boston, MA during the next year. The frozen yogurt parlors typically occupy spaces of 1,000 sq.ft. The company currently operates 75 stores nationwide.

Aldi, Inc. (630-879-8100) will open seven Aldi supermarkets throughout MI during the next two years. The company currently operates 51 private-label discount supermarkets in the state, and recently opened a store in Waterford Township, MI.

Checkers Drive-In Restaurants, Inc. (813-283-7000), through franchisees, will open two Checkers drive-in restaurants, in Roseville and Detroit, MI, before year’s end, along with six throughout MI during 2010.

Retail LeakageGeneral Merchandise .........$168 million

Grocery Stores ...................$147 million

Total Retail Leakage ...........$1.12 billion

Greater Killeen Consumer Market - 2009Trade Area Population ............. 380,643

Average Household Income .....................................$60,471

Average Age ...................................33.7

Number of Households ..............................128,793

9th fastest growing MSA in nation

MSA ranked 5th strongest economy in Texas

97,000 vehicles per day on Hwy 190

Ç

www.gkcc.com / PO Box 548 / Killeen, TX 76540 / 866.790.4769 / [email protected]

» There are real opportunities for growth in Killeen, Texas »

Ç

Ç

who’s oPeNiNg ANd where

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Rushing Real Estate, Inc. is selling a 5,200 sq.ft. space located along Commercial Street Southeast in Salem, OR. Area demographics include a population of 82,393 within a three-mile radius earning an average household income of $66,824. The average daily traffic count is 44,000 vehicles. The company is also selling a 5,417 sq.ft. building located in Silverton, OR. Area demographics include a population of 11,618 within a three-mile radius earning an average household income of $67,822. For more information, contact Rushing Real Estate, Inc., 3110 25th Street Southeast, Salem, OR 97302; 503-588-8500, Fax 503-588-8744; Email: [email protected]; Web site: www.rushinggroup.com.

Grubb & Ellis Co. is selling Parliament Square Shopping Center, a 64,950 sq.ft. neighborhood center located at the intersection of West Avenue and Blanco Road in San Antonio, TX. The center is 81% leased. The NOI is $537,360. The asking price is $5.5 million with a Cap rate of 9.75%. For more information, contact Benjamin S. Kogut, Grubb & Ellis Co., 8303 North Mopac Expressway, Suite B125, Austin, TX 78759; 512-788-5872, Fax 512-340-0781; Email: [email protected]; Web sites: www.georgecushing.com/parliament and www.benkogut.com.

The Steele Group, LLC is selling a 10,825 sq.ft. restaurant situated on 1.83 acres along Regency Square Boulevard North in Jacksonville, FL. The tenant is bound to a 10-year NNN lease featuring 2% annual rent escalations beginning after year three and two, five-year options. Area retail includes Lowe’s Home Improvement and Target. Area demographics include a population of 192,716 within a five-mile radius earning an average household income of $65,493. The NOI is $160,126. The asking price is $1.5 million with a Cap rate of 10.68%. For more information, contact Brittany L. Bell, The Steele Group, LLC, 1825 Riverview Drive, Melbourne, FL 32901; 877-877-4499 Ext. 405, Fax 877-877-4499; Email: [email protected].

The Macke Co. is looking to acquire properties throughout the western U.S. Suitable properties are priced above $15 million and feature assumable financing. For more information, contact Dan Macke, The Macke Co., 895 Embarcadero Drive, Suite 201, El Dorado Hills, CA 95762; 916-939-1498, Fax 916-939-1499; Email: [email protected].

99 Cents Only Stores is selling an 18,000 sq.ft. former 99 Cents Only store located along Old Thousand Oaks Drive in San Antonio, TX. Area demographics include a population of 82,446 within a three-mile radius earning an average household income of $70,267. For more information, contact Larry Borenstein, 99 Cents Only Stores, 4000 Union Pacific Avenue, City of Commerce, CA 90023; 323-881-9909, Fax 323-881-3360; Email: [email protected].

Kin Properties is looking to acquire freestanding, single-tenant buildings nationwide. Suitable properties feature GLAs ranging from 3,000 sq.ft. to one million sq.ft. and credit or non-credit tenants bound to leases with more than three years remaining on the lease term. For more information, contact Jeffrey Sandelman, Lee Cherney or Andrew Schreier, Kin Properties, 185 Northwest Spanish River Boulevard, Suite 100, Boca Raton, FL 33431; 561-620-9200 Ext. 101/111/103, Fax 561-955-9921; Emails: j s a n d e l m a n @ k i n p r o p e r t i e s . c o m , [email protected] or [email protected]; Web site: www.kinproperties.com.

Chartwell Group/TCN Worldwide is selling Tamaqua Shopping Center, a 99,049 sq.ft. center situated on 11.2 acres in Tamaqua, PA. The center is 50% occupied. The asking price is $3.5 million. For more information, contact David Wagner, Chartwell Group/TCN Worldwide; 216-360-0009; Web sites: www.chartwellgroup.com and www.tcnworldwide.com.

NAI BT Commercial is selling an Academy Sports & Outdoors site located at StoneCreek Crossing in San Marcos, TX. The tenant is bound to a 20-year NNN lease featuring annual rent escalations and four, five-year options. Area retail includes SuperTarget, JCPenney and Beall’s. The asking price is $7.7 million with a Cap rate of 7.9%. For more information, contact Bob Sanner or Michael Maffia, NAI BT Commercial, 201 California Street, Suite 800, San Francisco, CA 94111; 415-781-8100; Email: [email protected].


Buyers ANd sellers

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Submit your projects for free at

www.dealmakers.net/ freePublicity.aspx

L3 Corp. (314-469-7400) negotiated the following leases with PetSmart: for 18,090 sq.ft. at Arnold Crossing, located in Arnold, MO, with THF Realty representing the landlord, THF Arnold Triangle Development, LLC, in the transaction; for 18,325 sq.ft. at The Shops at Broken Arrow, located in Broken Arrow, OK, with Halifax Development, LLC representing the landlord, Auburndale-Halifax Broken Arrow, LLC, in the transaction; for 20,087 sq.ft. at Sawyer Heights Shopping Center, located in The Heights, TX, and for 27,520 sq.ft. at Marketplace at Bunker Hill, located in Houston, TX, with Fidelis Realty Partners representing the landlord, I-10 Bunker Hill Associates, LP, in the transaction. The company represented the tenant in the transactions. The company also negotiated a lease with Ulta for 10,752 sq.ft. at Fairview Center, located in Fairview Heights, IL. The company represented the tenant and Pace Properties represented the landlord in the transaction.

Arizona Retail Advisors, LLC (602-476-0700) negotiated a five-year lease with Curves for 1,500 sq.ft. at Plaza at Mountainside, located at the intersection of 40th Street and Chandler Boulevard in Phoenix, AZ. The company represented the landlord, Kimco Realty Corp., and Commercial Properties, Inc. represented the tenant in the transaction. The company also negotiated a lease with A to Z Computer Services for 1,053 sq.ft. at Glendale Crossing, located at the intersection of 59th Avenue and Peoria Avenue in Glendale, CA. The company represented the landlord in the transaction.

McCaffery Interests, Inc. (703-351-9500) signed leases with Panera Bread for 3,600 sq.ft. and with Cellular Connection for 2,343 sq.ft. at West Springfield Shopping Center, located at the intersection of Old Keene Mill and Rolling Road in Springfield, VA. The tenants join Merchants Tire, Subway, Tuesday Morning, Soccer Plus and Milano’s Italian Restaurants.

New Street Realty Advisors (212-251-0626) negotiated a lease with Hale & Hearty Soups for a two-level space totaling 2,500 sq.ft. located on Madison Avenue in New York, NY. The company represented the tenant and Newmark Knight Frank represented the landlord, APF 286 Mad, LLC, in the transaction.

Edens & Avant (803-744-2446) signed a lease with Jos. A. Bank Clothiers, Inc. for a 4,200 sq.ft. Jos. A. Bank at Trenholm Plaza, located in Columbia, SC. The tenant joins The Fresh Market.

LaKritz-Weber & Co. (248-353-9494) negotiated a lease with International Watch Co. for 2,000 sq.ft. on Orchard Lake Road in West Bloomfield, MI. The company represented the landlord, Machus Enterprises, in the transaction. The company also negotiated a lease with Regency Beauty Institute for 6,361 sq.ft. at Pointe North, located on East Saginaw Road in Lansing, MI. The company represented the tenant in the transaction.

Grubb & Ellis|BRE Commercial (858-546-5400) negotiated a 10-year lease with 7-Eleven Stores for a 3,054 sq.ft. 7-Eleven on 5th Avenue in San Diego, CA. The company represented the tenant and Colliers International represented the landlord, Senior Fifth Ave. Associates, in the transaction. The company also negotiated a five-year lease with Hats Unlimited for 900 sq.ft. on Prospect Street in La Jolla, CA. The company represented the landlord, Tabmount, Inc., in the transaction. The company also negotiated a 70-month lease with Tracy’s Salon & Day Spa for 1,468 sq.ft. on West San Marcos Boulevard in San Marcos, CA. The company represented the tenant and the landlord, San Marcos Pavilion, LLC, in the transaction. The company also negotiated a 61-month lease with The Cleaners Club for 900 sq.ft. on Carmel Mountain Road in San Diego, CA. The company represented the landlord, West Coast Retail Management, in the transaction. The company also negotiated a 10-year lease with Cricket Communications for 215 sq.ft. located on East Mission Road in San Marcos, CA. The company represented the tenant and the landlord, Capital Growth Properties, in the transaction.

Velocity Retail Group (602-682-6020) negotiated a lease with Total Wine & More for 33,245 sq.ft. at the intersection of Camelback Road and 16th Street in Phoenix, AZ.

Regency Centers (610-747-1212) signed a lease with Bike Line for space at Gateway Shopping Center, located on East Swedesford Road in Wayne, PA.

Renaud Consulting (703-404-2346) negotiated a lease with Papa John’s for 2,059 sq.ft. at Colonial Plaza Shopping Center, located in Colonial Beach, VA.

Centro Properties Group (212-869-3000) signed leases with Fuji Hibachi for 5,000 sq.ft. and with Carbonella for 2,567 sq.ft. at Wallkill Plaza, located at the intersection of Route 211 East and Carpenter Avenue in Middletown, NY.

leAse sigNiNgs


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leAd sheet

A & A Auto Parts, Inc. / Keystone Automotivedba A & A Auto PartsCharles Simmons44 Tunkhannock AvenueExeter, PA 18643570-602-6726

AutomotiveThe 20-unit chain operates locations throughout PA. The shops, offering automotive parts and supplies, occupy spaces of 8,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run five years. Preferred demographics include a population of 300,000 within 10 miles earning $45,000 as the average household income.

Bridgestone/Firestone, Inc.(South Central Zone) – BSRO, LLCdba FirestonePattie Austin600 Gateway Parkway, Suite 300Roanoke, TX 76262682-831-2616, Fax 682-831-2608Email: [email protected] site: www.bridgestone.com

AutomotiveThe chain operates locations throughout the south-central region of the U.S. The automotive tire and service centers prefer to occupy spaces of 7,500 sq.ft. to 8,290 sq.ft. in freestanding locations and power, specialty and strip centers. Growth opportunities are sought throughout AR, CO, southern KS, LA, NM, OK and TX during the coming 18 months. Typical leases run 15 years. A land area of 45,000 sq.ft. to 52,000 sq.ft. is required for freestanding locations. The company will only consider ground-up opportunities.

Mattos, Inc.dba Mattos ProfinishesJoe Mattos4501 Beech RoadCamp Springs, MD 20748301-423-1142, Fax 301-423-3964

AutomotiveThe 16-unit chain operates locations throughout FL, MD, PA, VA and Washington, DC. The collision repair centers occupy spaces of 5,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months.

Midas International Corp.Steve Knaptonc/o Midas Realty Corp.1300 Arlington Heights RoadItasca, IL 60143Email: [email protected] site: www.midasfran.com

AutomotiveThe 2,500-unit chain operates locations nationwide and internationally. The automotive service centers occupy spaces of 4,500 sq.ft. to 6,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout AZ, CA, CO, ID, LA, MT, NM, NV, OR, TX, UT, WA and WY, as well as Canada, during the coming 18 months. Typical leases run 20 years with options. Specific improvements are required. Preferred demographics include a population of 50,000 within three miles earning $40,000 as the average household income. A land area of 25,000 sq.ft. to 40,000 sq.ft. is required. The company is franchising.

Tire ChoiceMichael Glusmanc/o Realty Investors, Inc.7740 Montecito PlaceDelray Beach, FL 33446561-865-9143, Fax 561-499-8101Email: [email protected] site: www.leaseflorida.com

AutomotiveThe 24-unit chain operates locations throughout FL. The tire and automotive repair centers occupy spaces of 5,250 sq.ft. to 6,250 sq.ft. Growth opportunities are sought throughout Broward and Palm Beach counties in FL during the coming 18 months. The company prefers to acquire sites but will consider ground leases. Preferred cotenants include Home Depot, Target and Walmart. Preferred demographics include a population of 100,000 within three miles earning $70,000 as the average household income. Major competitors include Tire Kingdom and Bridgestone/Firestone.

Altmeyer Home Stores, Inc.dba Altmeyer Bed Bath & HomeBob Mauro6515 Route 22Delmont, PA 15626724-468-3434, Fax 724-468-3233Email: [email protected] site: www.bedbathhome.com

Bed/Bath/LinensThe 12-unit chain operates locations throughout central and western PA. The stores, offering bed and bath items, as well as linens and gifts, occupy spaces of 8,000 sq.ft. to 12,000 sq.ft. in strip centers. Plans call for two to three openings annually throughout the existing market. Typical leases run five years. Major competitors include Boscov’s and JCPenney.


United Dairy Farmersdba United Dairy Farmers StoreRoss Hobler3955 Montgomery RoadCincinnati, OH 45212-3733513-396-8700, Fax 513-366-8558Web site: www.udfinc.com

ConvenienceThe 190-unit chain operates locations throughout IN, KY and OH. The convenience stores, also featuring an ice cream parlor, occupy spaces of 3,800 sq.ft. in freestanding locations. Growth opportunities are sought throughout KY and OH during the coming 18 months. The company prefers to acquire sites. Major competitors include Speedway and BP. A land area of 1.5 to three acres is required.

Wawa, Inc.dba WawaJune Spring260 West Baltimore PikeWawa, PA 19063-5699610-358-8058, Fax 610-358-6865Web site: www.wawa.com

ConvenienceThe 570-unit chain operates locations throughout DE, MD, NJ, PA and VA. The convenience stores, some with gasoline facilities, occupy freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. A minimum land area of one acre is required.

Macy’s, Inc.dba Macy’s Department StoresCarl Goertemoeller7 West 7th StreetCincinnati, OH 45202513-579-7666, Fax 513-579-7513Web site: www.federated-fds.com

Department StoreThe 800-unit chain operates locations nationwide throughout 45 states in addition to Guam and Puerto Rico. The department stores occupy spaces of 100,000 sq.ft. to 150,000 sq.ft. in malls and power, specialty and strip centers. Plans call for one to two openings annually throughout the existing markets. Typical leases run 20 years. Preferred demographics include a population of 50,000 within 15 miles earning $45,000 as the average household income.

Nordstrom, Inc.dba Nordstrom RackTony Sekora1700 7th Avenue, Suite 1000Seattle, WA 98101-4407206-303-2095, Fax 206-303-4419

Department StoreThe 66-unit chain operates locations nationwide throughout 21 states. The department stores, offering discounted brand-name apparel, accessories and footwear, occupy spaces of 35,000 sq.ft. to 40,000 sq.ft. in power centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. The company prefers to locate near existing Nordstrom sites.

Dollar CityJeff Gelbermanc/o National Real Estate Brokerage, Inc.6001 Montrose Road, Suite 310Rockville, MD 20852301-770-8585 Ext. 112, Fax 301-770-8591Email: [email protected]

DiscountThe seven-unit chain operates locations throughout MD and northern VA. The dollar stores occupy spaces of 3,000 sq.ft. to 13,000 sq.ft. in malls, urban/downtown areas and power, specialty and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months, with representation by National Real Estate Brokerage, Inc. The company prefers to locate in grocery-anchored centers and is very site-selective.

Fairway Sales Co.dba Fairway Discount StorePaul Harmon1071 West Saginaw RoadVassar, MI 48768989-823-2222, Fax 989-823-7161

DiscountThe nine-unit chain operates locations throughout MI. The discount stores occupy spaces of 6,000 sq.ft. to 8,000 sq.ft. in urban/downtown areas. Growth opportunities are sought throughout the existing market during the coming 18 months.

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Target Corp. dba Target and SuperTargetGregg Steinhafel1000 Nicollet MallMinneapolis, MN 55403Web site: www.target.com

DiscountThe 1,743-unit chain operates locations nationwide throughout 49 states. The stores, offering electronics, apparel, footwear, beauty supplies and home and grocery items, occupy spaces of 127,000 sq.ft. to 186,000 sq.ft. in freestanding locations, malls and lifestyle, power and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. A land area of 10 to 15 acres is required for freestanding sites. The company prefers to acquire sites.

Uniprix, Inc.dba Uniclinique, Uniprix and UnipharmMarc Leclerc5000 Metropolitan Boulevard EastSaint Leonard, Quebec, Canada H1S 3G7514-725-1212, Fax 514-723-8205Email: [email protected] site: www.uniprix.com

Drug StoreThe 359-unit chain operates locations throughout Canada. The drug stores occupy spaces of 8,000 sq.ft. in freestanding locations, malls and specialty and strip centers. Growth opportunities are sought throughout Quebec, Canada during the coming 18 months. Preferred cotenants include food retailers. The company is franchising.

Gold Class CinemaAlan Dinenbergc/o Legend Properties, Inc.1000 Hector Street, Suite 100Conshohocken, PA 19428610-941-4034, Fax 610-941-4038Email: [email protected] site: www.lpre.com

EntertainmentThe two-unit chain operates locations in Barrington, IL and Seattle, WA. The movie theaters occupy spaces of 40,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout DE, FL, NJ and PA during the coming 18 months, with representation by Legend Properties, Inc. The company prefers to locate in upscale areas.

Lamey-WellehanJames Wellehan or Don Stowell940 Turner StreetAuburn, ME 04210207-784-6595, Fax 207-784-9650Email: [email protected] site: www.lwshoes.com

ShoesThe six-unit chain operates locations throughout ME. The stores, offering brand-name family footwear, occupy spaces of 4,000 sq.ft. to 7,000 sq.ft. in freestanding locations and lifestyle, power, specialty and strip centers. Growth opportunities are sought throughout the existing market, MA and NH during the coming 18 months. Typical leases run five years with five, five-year options.

Shoe AvenueBill Buffingtonc/o Trans-Continental Development Group, LLC501 East Kennedy BoulevardTampa, FL 33602813-363-1009, Fax 813-272-9725

ShoesThe three-unit chain operates locations throughout FL. The stores, offering discount footwear and accessories, occupy spaces of 1,200 sq.ft. to 1,700 sq.ft. in freestanding locations and power and strip centers. Growth opportunities are sought along the western coast of FL during the coming 18 months, with representation by Trans-Continental Development Group, LLC. Typical leases run three to five years. A tenant improvement allowance is required. Preferred cotenants include Marshalls, Publix, Ross Dress for Less and T.J. Maxx. Preferred demographics include a population of 47,000 within 3.5 miles earning $40,000 as the average household income. Major competitors include Shoe Carnival, Shoe Show and Shoe Salon.

Fabutan Sun Tan StudiosDora Urban5925 3rd Street SoutheastCalgary, Alberta, Canada T2H 1K3403-640-2100, Fax 403-640-2116Web site: www.fabutan.com

ServiceThe 155-unit chain operates locations throughout Canada. The tanning salons occupy spaces of 900 sq.ft. to 1,200 sq.ft. in strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run five years with a five-year option. Preferred demographics include a population of 50,000 within five miles.


M.G.M. Liquor Stores, Inc.dba M.G.M. Wine & SpiritsPaul Setter1124 Larpenteur Avenue West St. Paul, MN 55113651-487-1006, Fax 651-487-9401

Specialty The 45-unit chain operates locations throughout MN. The liquor shops occupy spaces of 4,000 sq.ft. to 10,000 sq.ft. in freestanding locations and endcaps of strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. The company prefers to locate near big box retailers and supermarkets.

Pinch A Penny, Inc.dba Pinch A PennyBrian Andriese14480 62nd Street NorthClearwater, FL 33760727-531-8913, Fax 727-536-8066Email: [email protected] site: www.pinchapenny.com

SpecialtyThe 205-unit chain operates locations throughout AL, FL and GA. The stores, offering pool, patio and spa equipment and supplies, occupy spaces of 1,400 sq.ft. to 2,600 sq.ft. in strip centers. Plans call for 10 to 12 openings throughout FL during the coming 18 months. Typical leases run five years with two, five-year options.

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].

Postnet International Franchise Corp.dba PostnetJason Tragesser1819 Wazee StreetDenver, CO 80202 303-771-7100, Fax 303-771-7133Web site: www.postnet.com

SpecialtyThe 1,000-unit chain operates locations nationwide and internationally. The shops, offering shipping and copying services, occupy spaces of 1,000 sq.ft. to 1,800 sq.ft. in grocery-anchored strip centers. Growth opportunities are sought nationwide during the coming 18 months. Typical leases run five years. A vanilla shell is required. Preferred cotenants include Great Clips, Subway and Starbucks. Preferred demographics include a population of 15,000 within three miles earning $50,000 as the average household income. Major competitors include The UPS Store and FedEx Office. The company is franchising.

Fiesta Food WarehouseBenjamin Bequer1950 South Sterling AvenueOntario, CA 91761909-635-3610, Fax 909-947-1123Web site: www.fiestafoodwarehouse.com

SupermarketThe 10-unit chain operates locations throughout CA. The supermarkets, offering authentic Hispanic groceries, produce, meats and baked goods, occupy spaces of 25,000 sq.ft. to 60,000 sq.ft. in strip and value centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run 10 years with options. Preferred demographics include a population of 120,000 within three miles.

J.H. Harvey Co.dba Harvey’sDepartment of Real EstatePO Box 646Nashville, GA 31639229-686-7654, Fax 229-686-2927Web site: www.harveys-supermarkets.com

SupermarketThe 69-unit chain operates locations throughout northern FL, GA and SC. The supermarkets occupy spaces of 30,000 sq.ft. to 40,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months.

leAd sheet


Malkin Strategic Capital provides mezzanine loans and preferred equity financing for projects located in primary and secondary markets nationwide. Loans from $2 million to $40 million are available for the acquisition, repositioning, workout, recapitalization or restructuring of properties, as well as partner buy-outs, for terms of two to 10 years with a maximum loan-to-value ratio of 85%. For more information, contact George S. Perry or Sean M. Meehan, Malkin Properties, One Grand Central Place, 60 East 42nd Street, New York, NY 10165; 212-850-2725/2726; Emails: [email protected] and [email protected]; Web site: www.malkinproperties.com.

Meecorp Capital Markets provides bridge and mezzanine loans, in addition to equity, construction and renovation financing, in amounts ranging from $2 million to $100 million. For more information, contact Daniel Edrei, Meecorp Capital Markets, 2115 Linwood Avenue, Suite 301, Ft. Lee, NJ 07024; 201-944-9330; Email: [email protected]; Web site: www.meecorp.com.

Frias Financial provides construction, acquisition and refinancing loans in amounts ranging from $500,000 to $500 million. Loans are available for strip malls and retail centers nationwide with terms ranging from 12 to 36 months and maximum loan-to-cost ratios of 80% or loan-to-value ratios of 75%. For more information, contact Sadora Joanis, Frias Financial; 646-320-1605, Fax 718-252-8399; Email: [email protected].

PacShores Mortgage, Inc. provides private-party, equity-based loans for commercial properties and buildable lots throughout CA. For more information, contact PacShores Mortgage, Inc., 11022 Santa Monica Boulevard, Suite 450, Los Angeles, CA 90025; 800-400-0000, Fax 866-715-7155; Email: [email protected]; Web site: www.psmtgtds.com.

First Boston Capital Partners provides acquisition and development financing, along with bridge loans, in amounts ranging from $200,000 to $5 million for properties located throughout New England. Notes are available with terms ranging from three to 18 months and with a maximum loan-to-value ratio of 75%. For more information, contact David Grossman, First Boston Capital Partners; 617-472-2000, Fax 617-472-4600; Email: [email protected]; Web site: www.grossmanco.com.


APPArel ChAiNs exPANd NAtioNwidesourCes of fiNANCiNg

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AEI has been buying existing, to-be-built, and/or sale-leaseback net lease properties

nationwide for more than three decades. And we’ve always been all-cash. No debt

means quick decisions, fast closings and no delays.

When it comes to commercial acquisitions, no one stacks up to AEI. For more

information, contact George Rerat today.

And we pay in cash.

CALL 651-227-7333OR EMAIL [email protected] Quality Investments. Quality Performance. Since 1970.

Dealmakers_AEI_BUYING_OneThirdPage_AD.indd 1 10/4/07 3:46:05 PM

DM

LTS TG, Ltd. trades as Tall Girl at nine locations throughout Canada. The stores, offering apparel for taller women, occupy spaces of 2,000 sq.ft. to 3,500 sq.ft. in freestanding locations, malls, urban/downtown areas and specialty and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run five years with five-year options. Preferred cotenants include women’s apparel retailers. Preferred demographics include a population of 500,000 within five miles earning $50,000 as the average household income. For more information, contact Gordon Shearer, LTS TG, Ltd., 380 Brunel Road, Mississauga, Ontario, Canada L4Z 2C2; 905-890-2430, Fax 905-890-2815; Web site: www.tallgirlshop.com.

Warehouse One Clothing, Ltd. trades as Warehouse One and The Jean Store at 108 locations throughout Canada. The stores occupy spaces of 3,000 sq.ft. in enclosed malls and power and strip centers. Plans call for six to 10 openings throughout western Canada during the coming 18 months. Typical leases run five years. A vanilla shell is required.

Preferred cotenants include T.J. Maxx and shoe stores. Preferred demographics include a population of 20,000 within 20 miles. Major competitors include Old Navy, Bootlegger and Blue Notes. For more information, contact Tom Robertson, Warehouse One Clothing, Ltd., 1680 Notre Dame Avenue, Winnipeg, Manitoba, Canada R3H 1H6; 204-885-4200 Ext. 103, Fax 203-897-4860; Email: [email protected]; Web site: www.warehouseone.com.

RCC Western Stores, Inc. trades as RCC Western Store at 29 locations throughout CO, FL, GA, IA, IL, IN, MN, NC, ND, SD, TN and WI. The stores, offering western-style boots, hats and apparel, occupy spaces of 4,000 sq.ft. in malls and 7,500 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. Preferred demographics include a population of 100,000 within five miles. For more information, contact Bob Hoover, RCC Western Stores, Inc., PO Box 1139, Rapid City, SD 57709; 605-342-5223, Fax 605-342-0743. D

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Vestavia Hills – Vestavia Market, located on Montgomery Highway, has a 0.79-acre outlot available for ground lease or build-to-suit. Area retail includes Walmart Neighborhood Market and Brookwood Mall. Area demographics include a population of 438,117 within 10 miles earning $70,740 as the average household income. For details, contact John Whitson, RealtyLink-Alabama, LLC, 4500 Valleydale Road, Suite 200, Birmingham, AL 35242; 205-874-6222, Fax 404-601-9968; Email: [email protected]; Web site: www.realtylinkdev.com.

Monrovia – Huntington Plaza, a center located at the intersection of West Huntington Drive and South Mayflower Avenue, has spaces available from 1,089 sq.ft. to 3,559 sq.ft. Henry’s Market, Walgreens and McDonald’s anchor the center. Area retail includes Huntington Oaks Shopping Center. Area demographics include a population of 483,938 within five miles earning $73,958 as the average household income. The average daily traffic count is 82,580 vehicles. The asking monthly rent ranges from $3 psf NNN to $3.50 psf NNN. Pleasanton – A

10,400 sq.ft. space located on Main Street is available. Area demographics include a population of 121,084 within five miles earning $123,406 as the average household income. Temecula – Rancho Temecula Town Center, a center situated on 20 acres at the intersection of Winchester Road and Nicolas Road, has spaces available of 995 sq.ft.; 1,674 sq.ft.; 1,800 sq.ft. and 2,148 sq.ft. along with two spaces each of 900 sq.ft. and 1,200 sq.ft. Henry’s Marketplace, LA Fitness and Rite Aid anchor the center. Cotenants include Bruegger’s Bagels, Element Salon, Happiness Nails, Wings n Things, Natural Pet Food, Beverages & More, Yogurt Time, Melting Pot Restaurant, EZ Take Out Burger, SanSai Sushi, Brite Now Dental, Starbucks, Juice It Up, First Bank and Rodrigo’s. Area demographics include a population of 180,071 within five miles earning $89,499 as the average household income. The average daily traffic count is 78,381 vehicles. For details regarding the Monrovia property, contact Armando Aguirre, Colliers International, 865 South Figueroa Street, Suite 3500, Los Angeles, CA 90017; 213-532-3272, Fax 213-327-3272; Email: [email protected]. For details regarding the Pleasanton property, contact Sandra Weck or Jim McMasters, 5050 Hopyard Road, Suite 180, Pleasanton, CA 94588; 925-227-6230 or 925-279-5567; Emails: [email protected] and [email protected]; Web site: www.colliers.com. For details regarding the Temecula property, contact Bill Barnett or Doug Hogan, 5901 Priestly Drive, Suite 100, Carlsbad, CA 92008; 760-930-7934/7935, Fax 760-438-8925; Emails: [email protected] and [email protected]. For additional details regarding the Monrovia property, contact Steve McDonald, Studley; 213-553-3864.

Florida

Boca Raton – Village Plaza, a 26,300 sq.ft. center located on Yamato Road, has a 2,750 sq.ft. restaurant space available. Cotenants include Supercuts, Subway, State Farm Insurance, Einstein Bros., Jamba Juice, GolfTec, Starbucks, Eurobank, Regis Salon, Rotelli Pizza and AT&T Mobility. Area demographics include a population of 189,012 within five miles earning $119,960 as the average household income. The average daily traffic count is 49,000 vehicles. The asking rent ranges from $30 psf to $36 psf NNN with CAM of $17.60 psf. Hallandale Beach – Lakeside Shoppes, a 37,783


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sq.ft. center located at the intersection of Hallandale Beach Boulevard and Northwest 9 Terrace, has spaces available from 825 sq.ft. to 7,220 sq.ft. Cotenants include IHOP, Little Caesar’s, State Farm Insurance and Allstate Insurance. The average daily traffic count is 60,000 vehicles. The asking rent is $14 psf NNN. For details, contact Timothy Neal, Neal Realty & Investments, Inc., 3300 North Federal Highway, Suite 250, Ft. Lauderdale, FL 33306; 954-568-0530; Email: [email protected]; Web site: www.nealrealty.net.

Boynton Beach – A 32,459 sq.ft. former Circuit City located at the intersection of Congress Avenue and Old Boynton Beach Road is available. Area retail includes Boynton Beach Mall. The space is expandable to 41,079 sq.ft. Jupiter – A 38,015 sq.ft. former Linens ‘N Things located on Indiantown Road is available. Home Depot shadow-anchors the site. Area retail includes T.J. Maxx, Ross Dress for Less, Office Depot, Petco, Beall’s and Walmart. The average daily traffic count is 53,000 vehicles. Wesley Chapel – The Shops at Wiregrass, an 800,000 sq.ft. center located at the intersection of State Route 56 and Bruce B. Downs Boulevard, has three spaces of 5,060 sq.ft. and four spaces of 6,300 sq.ft. available along with outlots. JCPenney, Macy’s, Dillard’s and Barnes & Noble anchor the center. Cotenants include Pottery Barn and Coach. For details, contact David Emihovich, Katz & Associates, 2000 Glades Road, Suite 206, Boca Raton, FL 33431; 561-361-7232; Email: [email protected]; Web site: www.katzassociates.com.

Coral Springs – Coral Palm Plaza, a 135,936 sq.ft. power center located at the intersection of North University Drive and Royal Palm Boulevard, has a 1,200 sq.ft. space available along with a 5,600 sq.ft. endcap. Michaels, buybuy Baby, Dori’s Italian Market and Panera Bread anchor the center. Area demographics include a population of 348,677 within five miles earning $72,470 as the average household income. Miami – Colonial Palms Plaza, a 179,787 sq.ft. power center located at the intersection of South Dixie Highway and Southwest 136th Street, has spaces available of 1,150 sq.ft. and 11,208 sq.ft. Marshalls, Old Navy, PetSmart and Panera Bread anchor the center. Area demographics include a population of 246,687 within five miles earning $90,588 as the average household income. For details, contact Jeff Ross, Urban

Retail Properties, 925 South Federal Highway, Suite 225, Boca Raton, FL 33432; 561-417-5312, Fax 561-394-6991; Email: [email protected]; Web site: www.urbanretail.com.

Miami Lakes – Country Club Plaza North, located at the intersection of Miami Gardens Drive/Northwest 186th Street and Ludlum Road/Northwest 67th Avenue, has spaces available from 1,326 sq.ft. to 5,600 sq.ft. Cotenants include Blockbuster Video, Dollar General, Burger King, Dunkin’ Donuts, Taco Bell and Payless ShoeSource. Area demographics include a population of 417,073 within five miles earning $48,749 as the median household income. For details, contact Triple Net Commercial Real Estate Services, LLC; 305-627-9144.

Tallahassee – Capital Plaza, located at the intersection of Thomasville Road and Glenview Drive, has spaces available of 1,500 sq.ft.; 1,729 sq.ft. and 2,800 sq.ft. along with a 2,235 sq.ft. outlot. Jo-Ann Fabrics anchors the center and cotenants include Beef O’Brady’s, Tuesday Morning, Hobby Town USA, Sherwin Williams, Dollar General, Gold Mine, Groupfit Studio, Suburban Hair Salon, Rapid Refill Ink, Beauty Alliance, Elite Sporting Goods, Pretty Nails, Hellen’s Uniform, Five Guys Famous Burgers & Fries, Red Elephant, Subway and Concord Custom Cleaners. Area demographics include a population of 154,481 within five miles earning $45,473 as the average household income. The asking rent is $16 psf for the 1,729 sq.ft. and 2,800 sq.ft. spaces, and $20 psf for the 1,500 sq.ft. space, with CAM of $3 psf. The asking monthly rent for the outlot is $5,000. Also, Parkway Village & Center, located at the intersection of Apalachee Parkway and Magnolia Drive, has spaces available of 750 sq.ft. and 11,130 sq.ft. along with a 13,962 sq.ft. space to be available during January 2010. Ross Stores, Inc., New Leaf Market, Beall’s and Gold’s Gym/D&M Fitness anchor the center. Cotenants include Olive Garden, Blue Ribbon Cleaners, Crystal Connection, Curry & Wine International Cuisine, Capital Coin & Diamond, Sally Beauty Supply, Parkway Suburban Salon, Electro Tax, Hair World, Harbor Freight Tools, Classy Nail II, Catherine’s Stout Shop, Cabos Tacos, Payless ShoeSource and Crispers, LLC. Area demographics include a population of 148,898 within five miles earning $46,410 as the average household income. The average daily traffic count is 63,500 vehicles. The asking rent is $15 psf for the 750 sq.ft.

space and $6 psf for the 11,130 sq.ft. space. Also, Towne South Shopping Center, located on South Monroe Street, has a 3,320 sq.ft. space available. Area demographics include a population of 125,716 within five miles earning $36,774 as the average household income. The average daily traffic count is 23,500 vehicles. The asking rent is $10 psf. For details regarding Capital Plaza, contact E. Edward Murray Jr. or Frank L. Langston, Talcor Commercial Real Estate Services, Inc., 1018 Thomasville Road, Suite 200A, Tallahassee, FL 32303; 850-224-2300, Fax 850-425-1114; Email: [email protected]. For details regarding Parkway Village & Center and Towne South Shopping Center, contact Jimmy Nystrom; Email: [email protected].

Tamarac – University Plaza, a 31,490 sq.ft. center located at the intersection of University Drive and Northwest 61st Street, has spaces available of 1,349 sq.ft.; 1,400 sq.ft. and 2,349 sq.ft. Applebee’s anchors the center and cotenants include Chase Bank and AutoZone. Area retail includes Publix, Ross Dress for Less, SuperTarget, Babies “R” Us and Staples. Area demographics include a population of 433,389 within five miles earning $61,916 as the average household income. The average daily traffic count is 55,500 vehicles. The asking rent is $22 psf with CAM of $10 psf. Also, Westpoint Retail Center, a 16,665 sq.ft. strip center located at the intersection of West Commercial Boulevard and Hiatus Road, has spaces available of 1,400 sq.ft.; 1,650 sq.ft. and 1,805 sq.ft. Dunkin’ Donuts anchors the center and cotenants include Solantic, Rotelli Pizza and Subway. Area retail includes Publix. Area demographics include a population of 427,787 within five miles earning $61,689 as the average household income. The average daily traffic count is 26,180 vehicles. The asking rent is $22 psf with CAM of $9.50 psf. For details, contact Buzz Smith, The Rotella Group, Inc., 3300 North Federal Highway, Suite 200, Ft. Lauderdale, FL 33306; 954-568-9015, Fax 954-568-9597; Email: [email protected]; Web site: www.rotellagroup.com.

Georgia

Cumming – Windermere Village, a 100,000 sq.ft. center situated on 34 acres at the intersection of Windermere Parkway and Front Nine Drive, has space available. Area demographics include a population

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of 182,945 within seven miles earning $152,203 as the average household income. The asking rent is $19 psf for inline spaces and $22 psf for endcaps. Johns Creek - Lakefield Center at McGinnis Ferry, a 32,000 sq.ft. center located on McGinnis Ferry Road, has spaces available of 1,862 sq.ft. and 2,676 sq.ft. along with two spaces of 1,866 sq.ft. and seven spaces of 1,775 sq.ft. along with a 1.37-acre outlot. Cotenants include State Farm Insurance and Karate USA. Area demographics include a population of 332,922 within seven miles earning $139,520 as the average household income. The asking rent is $18 psf. Powder Springs – Powder Springs Crossing, a 15,000 sq.ft. center located on Richard D. Sailors Parkway, has a divisible spaces of 7,300 sq.ft. available. Area retail includes Home Depot, Walgreens and RBC Bank. Area demographics include a population of 207,899 within seven miles earning $84,612 as the average household income. For details, contact Brad Inglesby, Roberts Commercial Real Estate Services, 9875 Medlock Bridge Parkway, Suite

200, Johns Creek, GA 30022; 678-527-0723, Fax 770-840-0275; Email: [email protected]; Web site: www.robertscommercial.com.

Douglasville – A divisible 114,760 sq.ft. former Walmart located on Stewart Parkway is available. Area retail includes Lowe’s Home Improvement, Best Buy, Petco, Jo-Ann Fabrics, Office Depot, Babies “R” Us and Home Depot. Area demographics include a population of 68,863 within five miles earning $63,578 as the median household income. The asking rent is $3 psf with CAM of $0.49 psf and taxes of $0.17 psf. For details, contact Gail Fargason or Lauren Harley, The Shopping Center Group; 770-955-2434; Emails: [email protected] and [email protected].

Duluth – Promenade at Pleasant Hill, a 294,555 sq.ft. center located at the intersection of Pleasant Hill Road and Club Road, has a 19,200 sq.ft. space available. Publix and Old Time Pottery anchor the center. Cotenants include CBBQ, Macaroni

Grill, Smokey Bones Bar & Fire Grill and Wendy’s. Area demographics include a population of 719,704 within 10 miles earning $85,884 as the average household income. The average daily traffic count is 79,767 vehicles. For details, contact Ramco Gershenson, Inc., One North Federal Highway, Suite 201, Boca Raton, FL 33432; 561-208-1800; Web site: www.rgpt.com.

Fayetteville – Banks Crossing, a 256,930 sq.ft. center located on Banks Road, has spaces available from 1,400 sq.ft. to 12,068 sq.ft. JCPenney, Guitar Center, Farmer’s Furniture, Kroger and Goodyear anchor the center. Cotenants include El Ranchero Grill & Bar, Bearly Worn, Cartridge World, Brown’s Barbershop, Genie Nails, Lucky Star Restaurant, Sooky’s, American Grill, Sally Beauty Supply, Armstrong McCall’s, State Farm Insurance, CitiFinancial and Oxford Cleaners. Area demographics include a population of 82,439 within five miles earning $90,110 as the average household income. The average daily traffic count is 35,860 vehicles.


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FOR LEASE

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Georgia Georgia Georgia

Motels - Apts - Land - Retail

Bus: 214-373-4961E-mail: [email protected]

M. Fahrenbrook: 214-708-5542W. Hooper: 214-236-2498

Shopping Center:

9.4 % CAp – 67,000 Sq. Ft.

numerous pad Sites w/ high Visibility

great Access – Mostly Beer & Wine

n. tx Area: $2.00/12.00 pSF including:

I-45 & Pleasant Run

I-20 & Seagoville Rd

Clay Mathis & E. Glenn

75 & Travis – Sherman

etC Sales LtDCCiM

For details, contact Jeffrey T. James, Lamar Cos., 8900 143rd Street North, Seminole, FL 33776; 727-403-7777, Fax 727-517-2276; Email: [email protected]; Web site: www.lamarcompanies.com. Or Michael Mahan, 311 South Polk Street, Unit 100, Pineville, NC 28134; 704-968-8722, Fax 704-889-2421; Email: [email protected].

Valdosta – A center located at the intersection of North Ashley Street and Connell Road has space available. Cotenants include Quiznos. For details, contact Micah Shapiro, Shapiro Properties, LLC, 2935 North Ashley Street, Suite 108, Valdosta, GA 31602; 229-242-1014, Fax 229-242-1015; Email: [email protected]; Web site: www.shapiroproperties.com.

Illinois

Itasca – A 2,400 sq.ft. freestanding former Burger King located at the intersection of Irving Park Road and Route 53 is available. Area demographics include a population of 225,358 within five miles earning $89,255 as the average household income. The average daily traffic count is 286,000 vehicles. Joliet – Crestwood Center, a 12,000 sq.ft. strip center located at the intersection of Essington Road Street and Fiday Road, has spaces available of 1,100 sq.ft.; 2,200 sq.ft. and 3,100 sq.ft. Area demographics include a population of 204,690 within five miles earning $80,231 as the average household income. The average daily traffic count is 30,600 vehicles. The asking rent is $15 psf. Naperville – 95th Street Plaza, a 10,100 sq.ft. strip center located at the intersection of 95th Street and Book Road, has a 1,350 sq.ft. space available. Area demographics include a population of 213,576 within five miles earning $142,615 as the average household income. The average daily traffic count is 30,600 vehicles. Schaumburg – Shoppes at Prime Village, a 65,000 sq.ft. power strip center located at the intersection of Algonquin Road and Meacham Road, has spaces available of 1,000 sq.ft.; 2,500 sq.ft. and 10,000 sq.ft. Cotenants include Chicago Prime Steakhouse, Culvers, Aldi and Wendy’s. Area demographics include a population of 282,501 within five miles earning $100,337 as the average household income. The average daily traffic count is 73,200 vehicles. The asking rent is $28 psf. Warrenville – Ferry Creek Plaza, a 12,000 sq.ft. strip center located at the intersection of Route 59 and Meadow Avenue, has

spaces available of 1,360 sq.ft. and 4,624 sq.ft. Cotenants include Roma D’Italia, Minuteman Press, Kemerley Optical and Hometown Pantry. Area demographics include a population of 151,398 within five miles earning $115,618 as the average household income. The average daily traffic count is 24,000 vehicles. The asking rent is $13 psf. For details, contact Simeon Spirrison, Adelphia Properties, PO Box 4974, Oak Brook, IL 60523; 630-455-4495, Fax 630-455-4496; Email: [email protected]; Web site: www.adelphiaproperties.com.

Mississippi

Lucedale – Lucedale Marketplace, located at the intersection of Old Highway 63 and Cowart Street, has spaces available of 2,400 sq.ft.; 2,872 sq.ft.; 3,600 sq.ft. and 18,000 sq.ft. along with pad sites of 5,625 sq.ft. and 6,000 sq.ft. Peebles anchors the center and cotenants include Ronnie’s Cleaners, Tobacco Shack, Harrison Financial and Subway. Area retail includes Century Bank and Waffle House. Trade-area demographics include a population of 36,214 earning $50,711 as the average household income. The average daily traffic count is 4,900 vehicles. For details, contact Comvest Properties, LLC, 286 Beauvoir Road, Suite 200, Biloxi, MS 39531; 228-594-3400, Fax 228-594-3401; Web site: www.comvest.net.

North Carolina

Charlotte – The Arboretum Shopping Center, a 582,651 sq.ft. regional open-air center located at the intersection of Providence Road and Pineville Matthews Road, has space available. Cotenants include Barnes & Noble, Bed Bath & Beyond, Blockbuster Video, Regal Cinemas, Gap & Gap Kids, Harris Teeter, Michaels, Jones New York and Walmart. Area demographics include a population of 505,853 within 10 miles earning $66,380 as the median household income. Huntersville – NorthCross Shopping Center, a 487,827 sq.ft. regional open-air center located at the intersection of Interstate 77 and Sam Furr Road, has space available. Cotenants include Harris Teeter, Kohl’s, Lowe’s Home Improvement, Black Lion, Rack Room Shoes and Target. Area demographics include a population of 207,443 within 10 miles earning $77,713 as the median household income. For details, contact Patrick Russell, American Asset Corp.; 704-295-4006; Email: [email protected].

Durham – North Duke Crossing Shopping Center, a mixed-use center located at the intersection of North Duke Street and Horton Road, has spaces available from 595 sq.ft. to 4,147 sq.ft. Cotenants include Staples, Roses, Kerr Drug, CitiTrends, Rent-A-Center, Jersey Mike’s, Golden Krust Bakery, Great Clips, Spa Nails, Triangle Tropical Fish, Papa John’s, Sports Cards Unlimited, Beautiful Beginnings, El Rodeo Mexican Restaurant, Quiznos, A Total You Salon & Spa, Ma’Dlena’s Hair, The Beach Tanning Salon, Jeannie’s Book Store, Jackson Hewitt, Three Ninjas Martial Arts, Nikki’s Hair Palace, Grayson’s Café, Curves, Duke Wig & Beauty Supply, African World of Braids, Thu’s Tailoring, Jack’s Barber Shop, Allstate Insurance, Fuzzy Face Embroidery, Bamboo House Chinese, Bible Book Store and KFC. Area demographics include a population of 117,207 within five miles earning $52,591 as the average household income. The average daily traffic count is 40,000 vehicles. High Point – College Village Shopping Center, located at the intersection of Centennial Drive and East Lexington Avenue, has spaces available from 1,124 sq.ft. to 8,595 sq.ft. along with a 0.467-acre outlot. Food Lion anchors the center and cotenants include Dollar General, Advance Auto Parts, Rent-A-Center, Nautilus, Goodwill Industries, Lee’s Beauty Supply, Jackson Hewitt, #1 Chinese Take-Out, BT Nails, Sugar Shack Café, Gerry’s News & Music, Village Shoe Repair, Publicity Salon, College Village Barber, Pawn Way, Nothing But Taxes, Tobacco Land, College Village Laundry and Kim’s Diner. Area draws include High Point University. Area demographics include a population of 111,938 within five miles earning $59,770 as the average household income. The average daily traffic count is 22,000 vehicles. Huntersville – Shoppes at Birkdale Crossing, a mixed-use center located on Sam Furr Road, has spaces available from 962 sq.ft. to 2,015 sq.ft. Cotenants include Office Depot, Martinizing Dry Cleaning, IN2 Nails, Coral Sushi, Learning Express, Hickory Tavern, City Paws and T-Mobile. Area demographics include a population of 104,845 within seven miles earning $104,152 as the average household income. For details, contact Glenwood Co., 9525 Birkdale Crossing Drive, Suite 300, Huntersville, NC 28078; 704-897-1400, Fax 704-897-1401; Web site: www.glenwoodco.com.

Fayetteville – Marketfair Mall, a 248,192 sq.ft. mall situated on 23.4 acres at the intersection of Skibo Road and Morganton

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Road, has spaces available of 3,500 sq.ft.; 4,375 sq.ft. and 9,056 sq.ft. Carmike Cinema, hhgregg and Gander Mountain anchor the center. Cotenants include Cato, Burlington Shoes and It’s Fashion. Area retail includes Cross Creek Mall, Books-A-Million, Lowe’s Home Improvement, Ross Dress for Less, Toys “R” Us, Starbucks, Bed Bath & Beyond, Staples, Kmart, Cross Point Centre and Cross Creek Plaza. Area demographics include a population of 288,576 within 10 miles earning $50,825 as the average household income. The average daily traffic count is 49,000 vehicles. The asking rent is $12 psf with CAM of $4.39 psf. For details, contact T. Patrick Murray, Real Estate Investment Team, 225 Ray Avenue, Suite 305, Fayetteville, NC 28301; 910-829-1617, Fax 910-829-1618; Email: [email protected]; Web site: www.reitnc.com.

North Dakota

Fargo – A 103,000 sq.ft. center located on South University Drive has space available totaling 13,500 sq.ft. Kmart shadow-anchors the center. The asking rent is $13 psf. Also, a 48,800 sq.ft. space is available. Kohl’s shadow-anchors the site. The asking rent is $12 psf. Also, a shopping

center has a 1,600 sq.ft. space available. PetSmart anchors the center and cotenants include Sally Beauty Supply and Old Navy. The asking rent is $17 psf. Also, a divisible space of 8,157 sq.ft. with a drive-thru is available. The asking rent is $14 psf. Also, a strip center has spaces available from 1,100 sq.ft. to 5,200 sq.ft. The average daily traffic count is 40,000 vehicles. The asking rent ranges from $14 psf to $18 psf. For details regarding the 103,000 sq.ft. center contact Mark Richman or Bryce Huotari, Coldwell Banker Commercial First Realty – Encore, 2731 12th Avenue Southwest, PO Box 9379, Fargo, ND 58106; 701-238-4356; Emails: [email protected] and [email protected]; Web site: www.cbcworldwide.com. For details regarding the 1,600 sq.ft. and 48,800 sq.ft. spaces, contact Mark Richman. For details regarding the strip center, contact Mark Richman or Derek Knutson 701-365-8421; Email: [email protected]. For details regarding the divisible 8,157 sq.ft. space, contact Scott Hildre; 701-239-2632; Email: [email protected].

South Carolina

Columbia – Village at Sandhill, located at the intersection of Clemson Road and Two

Notch Road, has space available. Home Depot, Bi-Lo Marketplace, JCPenney, Belk and hhgregg anchor the center. Cotenants include T.J. Maxx, Old Navy, Cracker Barrel, Red Robin, Rooms To Go, Ulta, NBSC, BB&T, Walgreens, Starbucks, Regions Bank, Regal Cinemas, Wachovia and First Citizens Bank. Area demographics include a population of 170,430 within 10 miles earning $79,705 as the average household income. For details, contact Kahn Development, 803-744-0000; Email: [email protected]; Web site: www.kahndevelopment.com.

Texas

Dallas – A 51,000 sq.ft. strip center located on Buckner Boulevard, has spaces available of 2,400 sq.ft. and 10,000 sq.ft. O’Reilly Auto Parts, The Shack and Mrs. Baird’s Bakery anchor the center. Cotenants include Charco Broiler, Stage One Barber, Lovely Nails and Fast and Quality Cleaners. For details, contact Evan Brauman Fetter, The Location Specialists, LLC, PO Box 671007, Dallas, TX 75367-1007; 214-361-1024, Fax 214-361-8556;


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Arlington – Williamsburg Shopping Center, a 16,904 sq.ft. center located at the intersection of Williamsburg Boulevard and North Sycamore Street, has a 616 sq.ft. space available. 7-Eleven anchors the center and cotenants include Action Music, Williamsburg Deli, Par Hair Salon, Backyard Barbecue Co., Peking Pavilion Chinese Restaurant, Garden City Florist, Jin’s Cleaners, Phantastique Beauty Salon, Virginia Commerce Bank and Williamsburg Barber Shop. The asking rent is $20 psf with CAM of $5.55 psf. Warrenton – Warrenton Towne Centre, a 123,000 sq.ft. community center situated on 11 acres at the intersection of Route 211/Frost Avenue and Van Roijen Street, has spaces available from 1,000 sq.ft. to 16,000 sq.ft. Cotenants include Gold’s Gym, Tuesday Morning, Bloom, Country Cookin, Kids Haven, CVS, Dollar General, The White Elephant, WExchange, State

Farm Insurance, Regis, Granpa Groovey’s Restaurant, Jackson Hewitt and BB&T Bank. Area demographics include a population of 22,771 within five miles earning $105,543 as the average household income. The average daily traffic count is 39,000 vehicles. For details regarding the Arlington property, contact Melissa Webb, The Rappaport Cos., 8405 Greensboro Drive, 8th Floor, McLean, VA 22102-5121; 571-382-1227; Web site: www.shopwsc.com. For details regarding the Warrenton property, contact Fraser G. Schaufele; 571-382-1223; Email: [email protected].

Harrisonburg – Port Crossing Shopping Center, a 56,960 sq.ft. neighborhood center located on Port Republic Road, has a 3,600 sq.ft. space available along with three spaces of 1,365 sq.ft. Food Lion anchors the center and cotenants include L’Italia Restaurant, NY Style, Approved Cash Advance, China Express, U.S. Nails, Vietopia and AJ Gators Sports Bar & Grill. Area demographics include a population of 56,904 within five miles earning $59,075 as the average household income. Richmond – Shoppes

at T.J. Maxx, a 93,602 sq.ft. center located at the intersection of West Broad Street and Tuckernuck Road, has spaces available of 1,267 sq.ft.; 1,802 sq.ft.; 1,809 sq.ft. and 1,851 sq.ft. T.J. Maxx and Good Wood Furniture anchor the center. Cotenants include West End Trophies, Dalat Restaurant, Island Tobacco & Gifts, Capriccio Pizza, Classic Party Rentals, Beauty Zone, Once Upon a Child, Dance Destination, Plato’s Closet, Ava’s Salon & Day Spa and Breakers Sports Grill. Area demographics include a population of 186,090 within five miles earning $81,045 as the average household income. The average daily traffic count is 48,000 vehicles. For details regarding the Harrisonburg property, contact Angelica Beltran, Wheeler Real Estate Co., Riversedge North, 2529 Virginia Beach Boulevard, Suite 200, Virginia Beach, VA 23452; 757-627-9088 or 866-203-4864, Fax 757-627-9081; Email: [email protected]; Web site: www.wheelerint.com. For details regarding the Richmond property, contact George Fox; Email: [email protected].

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FOR LEASE

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DM

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Dealmakers Magazine | November 20, 2009

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Transcript of Dealmakers Magazine | November 20, 2009