Dealmakers Magazine | March 26, 2010

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

Volume XXV No. XII

March 26, 2010

Apparel Chains Expand Nationwide J. Crew, Inc. trades as J. Crew at 217 locations, J. Crew Factory Outlet at 77 locations, Crewcuts at nine locations and Madewell at 18 locations nationwide. The stores, offering casual and upscale apparel for men, women and children, occupy spaces of 4,500 sq.ft. to 5,500 sq.ft. in malls, urban/downtown areas and lifestyle and specialty 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 Ralph Lauren, Neiman Marcus, Nordstrom, Banana Republic, Ann Taylor, Abercrombie & Fitch, Gap and Talbots. Preferred demographics include a population of 200,000 within 10 miles earning $75,000 as the average household income. For more information, contact Holly Cohen, J. Crew, Inc., 2 Penn Plaza, 26th Floor, New York, NY 10121; 212-209-2719, Fax 212-209-4705; Email: holly.cohen@jcrew.com; Web site: www.jcrew.com. Sheplers, Inc. trades as Sheplers at 15 locations throughout AZ, CO, KS, MO, NV, OK, TX and UT. The stores occupy spaces of 25,000 sq.ft. to 35,000 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 Jim Ritter, Sheplers, Inc., 6501 West Kellogg Drive, Wichita, KS 67209; 316-946-3838, Fax 316946-3730; Web site: www.sheplers.com.

dressbarn, Inc. trades as dressbarn at 840 locations nationwide. The stores, offering career and casual fashion apparel, occupy spaces of 7,000 sq.ft. to 8,000 sq.ft. in downtown areas and lifestyle, power, regional, outlet, strip and tourist centers. Growth opportunities are sought nationwide during the coming 18 months. Preferred cotenants include grocery stores, discount department stores and fashion and soft goods retailers. The company also trades as Justice at 900 locations nationwide. The stores, offering value-priced sportswear and accessories for girls ages 7 to 14, occupy spaces of 4,000 sq.ft. in malls and lifestyle, outlet, power and strip centers. Growth opportunities are sought nationwide during the coming 18 months. The company also trades as Maurices at 750 locations nationwide. The stores, offering women’s apparel, occupy spaces of 5,000 sq.ft. in power and strip centers. Plans call for 35 to 50 openings throughout the midwestern region of the U.S. during the coming 18 months. Typical leases run five years with four, five-year options. A vanilla shell is required. Preferred cotenants include JCPenney, Kohl’s and Target. Preferred demographics include a population of 50,000 within five miles earning $50,000 as the average household income. For more information regarding dressbarn, contact Elise Jaffe, dressbarn, Inc., 30 Dunnigan Drive, Suffern, NY 10901; 845369-4804, Fax 845-369-4750; Email: elise.jaffe@dressbarn.com; Web site: www.dressbarn.com. For more information regarding Justice, contact Alan Hochman, 8323 (continued on page ten)

This issue contains information on:

* Retailers operating 16,617 locations with plans to open 1,641 sites * Real estate valued in excess of $401.3 million to be bought, sold & financed * Leasing activity on over 8.7 million sq.ft. of retail properties

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Featuring Carolinas Idea Exchange New Construction Colliers Arnold is preleasing a center located in Daytona Beach, FL.............................. Pg. 3 Observations & Conversations Pg. 4 Buyers & Sellers RealtyLink negotiated the sale of a Hardee’s in Anderson, SC Pg. 5 RDS looks to acquire retail centers and malls nationwide Pg. 12 Food Retailers Expand Hooters Restaurant looks to expand in the Carolinas markets.................................. Pg. 6 Lease Signings Crosland signed two leases at a mixed-use development in Indian Trail, NC..................... Pg. 7 In The News Regent Partners teamed up with Tristate Capital to work with distressed properties in the Southeast......................... Pg. 7 Openings Dick’s Sporting Goods will open in Gastonia, NC this fall Pg. 8 Exclusives Ripco represents Kay Jewelers throughout central and northern NJ and select NY markets........ Pg. 9 Sources of Financing AJA Properties provides bridge loans throughout the lower 48 states...................... Pg. 10 Lead Sheet LA Fitness plans 30 to 40 openings nationwide this year....................................... Pg. 14 Pet Supermarket is planning to open stores in FL, NC, SC and TN.................................. Pg. 15 Space Place........................... Pg. 18

For more news go to: www.dealmakers.net


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