Reporting The Nation’s Weekly News on Retailing & Retail Real Estate Volume XXIX No. XIII
April 4, 2014
FEATURING HOME-RELATED CHAINS EXPAND NATIONWIDE Ace Hardware operates more than 4,800 locations nationwide and internationally. The home improvement stores, offering hardware, tools, electrical and plumbing supplies, as well as outdoor products, occupy spaces of 8,000 sq.ft. to 20,000 sq.ft. in freestanding locations, strip centers and urban/downtown areas. Growth opportunities are sought throughout Dutchess, Orange, Putnam, Rockland, Sullivan, Westchester and Ulster counties in NY during the coming 18 months, with representation by Royal Properties, Inc. For more information, contact Scott Meshil, Royal Properties, Inc., 850 Bronx River Road, Bronxville, NY 10708; 914-237-3403, Fax 914237-0196; Email: scott@royalpropertiesinc.com; Web site: www.royalpropertiesinc.com. The Tile Shop operates 50 locations throughout DE, GA, IA, IL, IN, KS, KY, MD, MI, MN, MO, NC, NE, NJ, NY, OH, TN, VA and WI. The stores, offering natural stone, floor and wall tiles, and related tools and supplies, occupy spaces of 20,000 sq.ft. in power and strip centers. Growth opportunities are sought throughout the St. Louis, MO metropolitan area during the coming 18 months, with representation by L3 Corp. For more information, contact Jay Cohen, L3 Corp., 211 North Lindbergh Boulevard, Suite 150, St. Louis, MO 63141; 314-469-7400, Fax 314-576-9768; Email: jay@l3corp.net; Web site: www.l3corp.net.
Basics Plus operates nine locations throughout NY. The stores, offering hardware and housewares items including, electronics, bedding, kitchen and bathroom products, office supplies and home décor accessories, occupy spaces of 800 sq.ft. to 2,000 sq.ft. in neighborhood centers and urban/downtown areas. Growth opportunities are sought throughout Manhattan, NY and the surrounding suburbs during the coming 18 months, with representation by Winick Realty Group. Typical leases run 10 to 15 years. The company prefers to locate in high traffic areas. For more information, contact Joseph Isa, Winick Realty Group, 655 Third Avenue, 8th Floor, New York, NY 10017; 212-792-2647, Fax 212-792-2660; Email: joseph@winick.com; Web sites: www.winick.com and www.basicsplusny.com. NJ Mattress operates one location in Ledgewood, NJ. The mattress store prefers to occupy spaces of 7,500 sq.ft. to 8,500 sq.ft. in freestanding locations and pad sites. Growth opportunities are sought throughout northern and central NJ during the coming 18 months, with representation by Jeffery Realty, Inc. For more information, contact Bill Farkas, Jeffery Realty, Inc., 116 Route 22 East, North Plainfield, NJ 07060; 908-668-9600, Fax 908968-5225; Email: bfarkas@jefferyrealty.com; Web site: www.jefferyrealty.com. (continued on page eight)
THIS ISSUE CONTAINS INFORMATION ON: • Retailers operating 26,861 locations with plans to open 1,978 sites • Real estate valued in excess of $91 million to be bought, sold & financed • Leasing activity on over 4.6 million sq.ft. of retail properties WS Postmaster: Periodical T NE E N A T R DIT IMPO SE EXPE A PLE
NATIONAL FOCUS New Construction Mid-America Asset Management, Inc. is preleasing a center in Western Springs, IL..................... Pg. 3 Buyers and Sellers The Rappaport Cos. recently acquired a 175,000 sq.ft. shopping center in Haymarket, VA.............................................. Pg. 4 Who’s Opening and Where The Bon-Ton Stores, Inc. opens a Carson’s Clearance store at Village Plaza in Morton Grove, IL................................................ Pg. 5 Modmarket planning to open new location in the suburbs of Dallas, TX................................... Pg. 5 Food Chains Expand Golden Chick to open restaurants in AR and MO............................ Pg. 6 Lease Signings LMS Commercial negotiated a lease with Sky Zone in Mechanicsburg, PA..................... Pg. 7 De Rito Partners, Inc. negotiated a lease with Furniture Warehouse Factory Direct in Glendale, AZ.... Pg. 7 Sources of Financing Washington Trust’s Commercial Real Estate Group provided financing for a center in Branford, CT.............................................. Pg. 7 Making the News KTGY Group, Inc. hires Simon Perkowitz as principal................ Pg. 7 Tenant Reps Pyramid Management Group is leasing and managing Manassas Mall............................................ Pg. 8 Lead Sheet Primrose Schools seeking new sites............................................ Pg. 10 X Sport Fitness planning to enter the northern NJ market............... Pg. 11 Crocs seeking to open an additional 15 sites nationwide.... Pg. 12 Fit2Run plans additional stores throughout southern CA............. Pg. 12 Space Place................................ Pg. 14
NEW CONSTRUCTION Fidelco Realty Group is developing Harbor Station North, a mixed-use development situated on 30 acres at the site of the former Military Ocean Terminal in Bayonne, NJ. Plans call for an 850-unit residential component and three phases of commercial development. The project is slated for completion during mid-2017 and the site is located near the 45th Street light rail station. For more information, contact Josh Sternberg, Fidelco Realty Group, 225 Millburn Avenue, Suite 202, Millburn, NJ 07041; 973-467-4300; Web site: www.fidelco.com.
President/Publisher Ann O’Neal • ann@dealmakers.net Editor Erin Dunkley • erin@dealmakers.net Editor Stephanie Weaver • stephanie@dealmakers.net Art Director Anthony Pingicer • anthony@dealmakers.net Account Executive Jacqueline Pelicano • jp@dealmakers.net Account Executive Nicole Papa • nicole@dealmakers.net Executive Assistant Kait Kelly • kait@dealmakers.net Research Assistant Brenda Robinson • brendar@dealmakers.net Research Assistant Krista Kopf • krista@dealmakers.net Co-Founder Ted Kraus • 1979–2007
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Mid-America Asset Management, Inc. is preleasing Garden Market, located at the intersection of 47th Street and Willow Springs Road in Western Springs, IL. Spaces of 2,000 sq.ft. to 7,423 sq.ft. are available. Future anchors include Mariano’s Fresh Market. Cotenants include Walgreens and Tuesday Morning. Area demographics include a population of 245,556 within a five-mile radius earning $108,489 as the average household income. The average daily traffic count is 15,200 vehicles along 47th Street. For more information, contact Marget Graham or Samantha Spinell, Mid-America Asset Management, Inc., One Parkview Plaza, Ninth Floor, Oakbrook Terrace, IL 60181; 630-954-7307/7220, Fax 630-9547306; Emails: mgraham@midamericagrp.com and sspinell@midamericagrp.com; Web site: www.midamericagrp.com. Burton Property Group is developing McKenzie Shopping Village, an 85,000 sq.ft. project located in Foley, AL. Hobby Lobby will anchor the center, which is slated for completion during spring 2015. Area retailers include Lowe’s Home Improvement and El Paso Mexican Grill. For more information, contact Sage Wyatt, Burton Property Group, 41 West I-65 Service Road North, Suite 450, Mobile, AL 36608; 251-341-5777, Fax 251-341-5763; Web site: www.burtonpropertygroup.com. Platinum Realty is developing a strip center located along Cross Bay Boulevard between Albert Road and North Conduit Avenue in Cross Bay, NY. For more information, contact Dave Koptiev, Platinum Realty, 7145 Security Boulevard, Windsor Mill, MD 21244-1811; 443-471-2160.
Vornado Realty Trust is redeveloping Springfield Town Mall, a 1.35 million sq.ft. mall located in Fairfax County, VA. Plans call for an additional three-million sq.ft. of mixeduse development, which will also include Regal Cinemas and Dick’s Sporting Goods. For more information, contact Vornado Realty Trust, 888 Seventh Avenue, New York, NY 10019; 212-894-7000; Web site: www.vno.com. Massey Knakal is preleasing a building at the intersection of Fourth Avenue and 10th Street in New York, NY. Shop spaces of up to 12,600 sq.ft. are available on the basement and first and second floors. For more information, contact Brendan Gotch, Massey Knakal, 275 Madison Avenue, Third Floor, New York, NY 10016; 212-696-2500 Ext. 7714, Fax 212-696-0333; Email: bgotch@masseyknakal.coml; Web site: www.masseyknakal.com. M&R Investors, LLC is redeveloping West Manchester Mall in York, PA. Plans call for the enclosed mall to be transformed into an outdoor shopping hub. Cotenants include Comix Connection, Kohl’s, GNC and T.K.’s Nut and Candy Store. For more information, contact Tony Ruggeri, M&R Investors, LLC; 4645 North Central Expressway, Dallas, TX 75205. Ross Realty Investments is preleasing Pembroke Plaza, a mixed-use project located at the intersection of Pembroke Road and Douglas Road in Pembroke Pines, FL. The development will be ready for occupancy during 2015. For more information, contact Bob Sherman or Tom Ross, Ross Realty Investments, 3325 South University Drive, Suite 210, Davie, FL 33328; 954-452-5000 Ext. 214/213; Web site: www.ross-realty.com.
The Dealmakers TM reports on over 20,000 retailers, developers and management companies every year. It is written by real estate professionals for real estate professionals. The newsletter keeps readers abreast of the latest leasing, development and management changes occurring in the real estate industry on a weekly basis. NOTE: Current federal law requires written consent from a company prior to utilizing the published fax number. Share The DealmakersTM with your organization or service for free. Just let us know when your next meeting is and we'll send you copies of our issue for free for your members to learn how to be a better dealmaker! POSTMASTER: Send address changes to The Dealmakers, PO Box 2630 Mercerville, NJ 08690-0630. Periodical postage paid at Trenton, NJ and at additional mailing offices. Affiliated with Tenant Search, E.S.P., E-Blast Copyright 2014 by TKO Real Estate Advisory Group Inc. 609-587-6200, fax 609-587-3511.
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Vornado Realty Trust is redeveloping Springfield Town Mall in Fairfax County, VA. April 4, 2014 | Page 3
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BUYERS AND SELLERS The Rappaport Cos. recently acquired South Riding Market Square, a 266,591 sq.ft. shopping center located at the intersection of Route 50 and Loudoun County Parkway in Chantilly, VA. At the time of acquisition, tenants included Home Depot, Giant, GameStop, PetValu and The Hair Cuttery. The company also acquired Dominion Valley Market Square, a 175,000 sq.ft. shopping center located along Route 15 in Haymarket, VA. At the time of the sale, the property was 99% occupied and tenanted by Subway, Giant and SunTrust Bank. For more information, contact Gary Rappaport, The Rappaport Cos., 8405 Greensboro Drive, Eighth Floor, McLean, VA 22102; 571-382-1200; Web site: www.rappaportco.com. LANE4 Property Group, in partnership with The Kroenke Group, has recently acquired the former Metcalf South Mall and 95 West Shopping Center, both located at the intersection of 95th Street and Metcalf Avenue in Overland Park, KS. The company acquired the properties from MD Management. For more information, contact Elise Fiorello, LANE4 Property Group, 4705 Central Street, Kansas City, MO 64112; 816-268-9108; Email: efiorello@lane4group.com; Web site: www.lane4group.com. SVN|The Kase Group is selling a portfolio of nine Dollar General and Family Dollar stores located nationwide. The tenants are bound to 10 and 15 year lease terms. For more information, contact Kase Abusharkh or Jacob Abusharkh, SVN|The Kase Group, PO Box 365, Diablo, CA 94528; 925-348-1844; Email: kase@svn.com; Web site: www.svn.com.
Frontline Real Estate Partners, LLC is selling a 6,880 sq.ft. strip center situated on 1.07 acres along U.S. Highway 12 in Fox Lake, IL. The property is 60% occupied. Area demographics include a population of 74,218 within a five-mile radius earning $78,779 as the average household income. The average daily traffic count is 20,000 vehicles and the asking price is $475,000. For more information, contact Andrew Rubin or Matthew Darin, Frontline Real Estate Partners, LLC, 707 Skokie Boulevard, Suite 580, Northbrook, IL 60062; 224-6284005/847-770-6264, Fax 847-919-4376; Emails: arubin@frontlinerepartners.com and mdarin@frontlinerepartners.com; Web site: www.frontlinerepartners.com. HFF is selling Trabuco Hills Shopping Center, located along Santa Margarita Parkway in Mission Viejo, CA. For more information, contact CJ Osbrink, Nick Foster or Greg Brown, HFF, 18300 Von Karman Parkway, Suite 900, Irvine, CA 92612; 949-798-4132/4135/4129; Emails: cosbrink@hfflp.com, nfoster@hfflp.com and gbrown@hfflp.com; Web site: www.hfflp.com. Stan Johnson Co. negotiated the sale of an Advance Auto Parts in Rutherfordton, NC. At the time of sale, the tenant was bound to a 15-year lease. The property was acquired for $1.4 million and the company represented the buyer in the transaction. For more information, contact Daniel Herrold, Stan Johnson Co., 6120 South Yale Avenue, Suite 813, Tulsa, OK 74136; 918-494-2690; Email: dherrold@stanjohnsonco.com; Web site: www.stanjohnsonco.com.
HFF is selling Trabuco Hills Shopping Center in Mission Viejo, CA. Page 4 | April 4, 2014
Cassidy Turley negotiated the following sales: a 15,000 sq.ft. Natural Grocers supermarket located along Lawrence Road in Wichita Falls, TX, with Ralston Holdings, LLC acquiring the property from EVC Witchita Falls, LC for $5.36 million and the company representing the buyer in the transaction; a 4,562 sq.ft. Union Bank located along Highway 111 in La Quinta, CA, with Dunn Property Group acquiring the property from Hull LQ Properties, LLC for $4.45 million and the company representing the seller and Dunn Property Group representing the buyer in the transaction; a 7,000 sq.ft. center tenanted by Jos. A. Bank and Vitamin Shoppe located along East 71st Street in Tulsa, OK, with PFAB Properties, LLC acquiring the stores from HGA Woodland Hills, LLC for $3.4 million and the company representing the buyer and Stan Johnson Co. representing the seller in the transaction; a 15,890 sq.ft. space at the Calexico Retail Center, located along Rockwood Avenue in Calexico, CA, with Chun B. & Gloria Yim Family Trust of 1991 acquiring the property from Wally Properties, LLC for $3.25 million and the company representing the seller in the transaction and a 3,000 sq.ft. retail space at Five Points Shopping Center, located along Beach Boulevard in Huntington Beach, CA, with Andre Boudin Holding Co. acquiring the space from Mickel5 Points Holdings & Beach Center Partners, LLC for $1.1 million and the company representing the buyer in the transaction. For more information, contact Kelsey Kauffroath, Cassidy Turley, Email: kelsey.kauffroath@cassidyturley.com; Web site: www.cassidyturley.com. Metro Commercial Real Estate is selling a 10,405 sq.ft. Chuck E. Cheese located along East Ogden Avenue in Naperville, IL. Area retailers include Dollar Tree, Kmart, Hmart, CVS, Planet Fitness, Staples, Panda Express, Starbucks, AT&T Mobility and Panera Bread. The average daily traffic count is 39,000 vehicles along East Ogden Avenue. For more information, contact Nathan Tonnies, Metro Commercial Real Estate, 56 Skokie Valley Road, Highland Park, IL 60035; 847-849-1526; Email: ntonnies@metrocre.com; Web site: www.metrocre.com. Jeffery Realty negotiated the sale of a Santander Bank for 3,000 sq.ft. along Millburn Avenue in Springfield, NJ. The asking price reflected a Cap rate of 5.5%. For more information, contact Shane Wierks, Jeffery Realty, 116 Route 22 East, North Plainfield, NJ 07060; 908668-9600, Fax 908-668-5225; Email: swierks@jefferyrealty.com; Web site: D M www.jefferyrealty.com. Dealmakers Magazine | www.dealmakers.net
WHO’S OPENING AND WHERE The Bon-Ton Stores, Inc. (717-757-7660) recently opened a 20,000 sq.ft. new concept Carson’s Clearance store at Village Plaza in Morton Grove, IL. It is the third store of its kind and features clearance family apparel, accessories and home goods. The company, offering family apparel, footwear and accessories, currently operates more than 270 locations throughout the northeastern, Midwestern and upper Great Plains regions of the U.S. under the trade-names Bon-Ton, Bergner’s, Carson’s, Boston Store, ElderBeerman, Herberger’s and Younkers. Aldi, Inc. (630-879-8100) is planning to open an Aldi supermarket on two acres at the intersection of Fifth Street Southeast and 19th Avenue Southeast in Willmar, MN, along with plans to open a 19,000 sq.ft. store at College Square Shopping Center, a 104,000 sq.ft. center located at the intersection of Mundy Mill Road and Frontage Road in Oakwood, FL later this year. The chain currently operates more than 1,300 grocery stores throughout 32 states in the Midwest and east coast regions of the U.S. Sephora USA, Inc. (877-737-4672) is planning to open a Sephora store at the Mall at University Town Center, an 880,000 sq.ft. mall located at the intersection of University Parkway and Interstate 75 in Sarasota County, FL. The company will join Brooks Bros., Gymboree and American Eagle Outfitters at the center. The chain, offering beauty and healthcare products, currently operates more than 325 locations throughout the U.S. Burlington Coat Factory Warehouse Corp. (609-387-7800) is planning to open a 71,000 sq.ft. Burlington store along Castor Avenue in Northeast Philadelphia, PA during the fall. It will be the company’s 28th location in the state. The company, offering family apparel, accessories and footwear, currently operates 520 locations throughout 44 states nationwide, as well as throughout Puerto Rico.
The Melting Pot Restaurants, Inc. (800-7830867) is slated to open Burger 21 locations throughout the Alpharetta, GA area, including openings in Johns Creek and the Perimeter mall area, as well as in Buckhead, Cumberland, Kennesaw, Midtown and Norcross, GA during 2015 and 2016. The company currently operates 11 Burger 21 locations and also operates under the tradename The Melting Pot. AFC Enterprises, Inc. (404-459-4450), through franchisee Z&H Foods UT, Inc., is planning to open nine Popeyes restaurants throughout the Salt Lake City, UT market, including locations in West Jordan, South Jordan, Herriman, Midvale, American Fork and Ogden, during the coming two years. Studio Movie Grill (972-388-7888) is planning to open a 42,000 sq.ft. 10-screen movie theater at Village at Cumberland, a development situated on 80 acres off South Broadway Avenue in Tyler, TX during the first quarter of 2015. The chain, offering movies and dining, currently operates 16 locations throughout seven states. Sheetz, Inc. (800-487-5444) is planning to open its first 15,000 sq.ft. Sheetz fuel-free store at University Place in Sunnyside, WV on the campus of West Virginia University. The company currently operates 437 locations throughout MD, NC, PA, OH, VA and WV. Modmarket (303-440-0476) is planning to enter the TX market with a location in the suburbs of Dallas. The restaurant chain, specializing in pizza, sandwiches and salads, currently operates seven locations in CO.
Hobby Lobby Stores, Inc. (405-7451100) is planning to open a 55,000 sq.ft. Hobby Lobby store at Schulman Crossing, located along Lareu Road in Garden City, KS later this year. The company will join future tenants T.J. Maxx, Petco, Cato Fashion, Dick’s Sporting Goods, Ross Dress for Less and Ulta at the shopping center. The chain, offering seasonal items, home décor, art, craft and hobby supplies, as well as custom picture framing, currently operates 559 locations throughout the U.S., and also operates under the tradename Mardel. Carmike Cinemas, Inc. (706-576-3400) is planning to open a 350-seat stadium style Carmike Cinemas 10 movie theater at a development along South 44th Street in Manitowoc, WI during the summer. The company currently operates nearly 300 locations throughout 35 states nationwide. Publix Super Markets, Inc. (863-680-5371) is planning to open 14 Publix supermarkets throughout the Charlotte, NC area by the end of 2015. The chain currently operates more than 1,073 supermarkets throughout AL, FL, GA, SC and TN. Corner Store (210-345-2000) plans to open 40 convenience stores throughout TX, with a focus on Houston, San Antonio and the southern region of the state this year. The company also operates under the trade-name Depanneur du Coin. The Kroger Co. (513-762-4000) is planning to open a 90,000 sq.ft. Super Kroger grocery store at Ravenwood Shopping Center in D Huntsville, TX during December 2015. M
The Neighborhood Restaurant Group (770645-9944) is planning to open a restaurant and beer garden along Rockville Pike, between Old Georgetown Road and Montrose Parkway in Rockville, MD during mid-2015. It will be the company’s first location in the state and sixth unit of the chain. Ashley Furniture Industries (608-323-3377) is planning to open a 55,000 sq.ft. Ashley Furniture HomeStore at the site of a former Target across from Westdale Mall along Williams Boulevard Southweast in Cedar Rapids, IA during the summer. Dealmakers Magazine | www.dealmakers.net
Ashley Furniture HomeStore is planning to open a 55,000 sq.ft. store in Cedar Rapids, IA. April 4, 2014 | Page 5
FOOD CHAINS EXPAND NATIONWIDE Tijuana Flats Tex-Mex trades as Tijuana Flats Burrito at 101 locations throughout the southeastern region of the U.S. The restaurants occupy spaces of 2,200 sq.ft. to 2,800 sq.ft. in strip and power centers, freestanding locations and urban areas. Growth opportunities are sought throughout FL, GA, NC and SC during the coming 18 months. For more information, contact Matthew Livingston, Tijuana Flats Tex Mex, 9439 Forest City Road, Suite 1000, Altamonte Springs, FL 32714; 407-575-7942; Email: matthew.livingston@tijuanaflats.com; Web site: www.tijuanaflats.com. Golden Franchising Corp. trades as Golden Chick at 128 locations throughout GA, OK, SC, TX and Jordan. The quick-serve restaurants occupy spaces of 2,000 sq.ft. to 2,400 sq.ft. in endcaps of shopping centers and freestanding locations. Growth opportunities are sought throughout AR, GA, MO, OK, SC and TX during the coming 18 months. For more information, contact Brian Gilbert, 1131 Rockingham Drive, Suite 250, Richardson, TX 75080; 972-831-0911, Fax 972-831-0401; Email: gcinfo@goldenchick.com; Web site: www.goldenchick.com. Corn Dog 7, Inc. trades as Corn Dog 7 at six locations throughout AR, LA, MS and TX. The chain prefers to occupy spaces of 600 sq.ft. in malls. Growth opportunities are sought throughout LA and TX during the coming 18 months. For more information, contact Stephen McKinney, Corn Dog 7, Inc., PO Box 907, Hughes Springs, TX 75656-3575; 903-639-3575.
Port of Subs, Inc. trades as Port of Subs at more than 140 locations throughout AZ, CA, ID, NV, OR, UT and WA. The sub shops prefer to occupy spaces of 1,600 sq.ft. to 1,800 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run five years with options. Preferred demographics include a population of 15,000 within one mile earning $40,000 as the average household income. Expansion is franchise-driven. For more information, contact Barbara Powell, Port of Subs, Inc., 5365 Mae Anne Avenue, Suite A-29, Reno, NV 89523; 775-747-0555, Fax 775-747-1510; Email: bpowell@portsofsubs.com; Web site: www.portofsubs.com. Fuzziwig’s Candy Factory, Inc. trades as Fuzziwig’s Candy Factory and Sweets from Heaven at 56 locations nationwide and internationally. The candy shops prefer to occupy spaces of 1,000 sq.ft. to 1,800 sq.ft. in lifestyle, specialty and regional centers, as well as malls and street fronts. Growth opportunities are sought nationwide during the coming 18 months. Typical leases run five years with a five-year option. A vanilla shell is required. The company is franchising. For more information, contact Kayo Folsom, Fuzziwig’s Candy Factory, Inc., 645 Main Avenue, Durango, CO 81301; 970-247-2770, Fax 970-247-2735; Email: info@fuzziwigscandyfactory.com; Web site: www.fuzziwigscandyfactory.com. Starbucks operates more than 20,000 locations nationwide and internationally. The coffee shops occupy spaces of 1,000
Golden Chick is seeking growth opportunities throughout AR, GA, MO, OK, SC and TX during the coming 18 months. Page 6 | April 4, 2014
sq.ft. to 2,500 sq.ft. in endcaps of shopping centers and freestanding locations. Growth opportunities are sought throughout Queens, NY during the coming 18 months, with representation by Schuckman Realty. The company prefers locations with a drive-thru. For more information, contact Evan Schuckman or Ari Malul, Schuckman Realty, 7600 Jericho Turnpike, Suite 105, Woodbury, NY 11709; 516-496-8888; Email: evan@schuckmanrealty.com; Web site: www.starbucks.com. Treats International Franchise Corp. trades as Treats International at 65 locations throughout Canada. The shops, offering gourmet coffee, bagels, cakes, soups, salads and wraps, prefers to occupy spaces of 200 sq.ft. to 2,500 sq.ft. in malls, mixed-use centers, freestanding locations and urban/ downtown areas. Growth opportunities are sought throughout the existing markets during the coming 18 months. For more information, contact Department of Real Estate, Treats International Franchise Corp., 201-1550A LaPerriere Avenue, Ottawa, Ontario, Canada K1Z 7T2; 613-563-4073, Fax 613-563-1982; Email: comments@treats.com; Web site: www.treats.com. Landry’s, Inc. trades as Morton’s – The Steakhouse at 72 locations nationwide, as well as throughout Canada, Puerto Rico and internationally. The steakhouses prefer to occupy spaces of 8,000 sq.ft. in specialty centers, freestanding locations and downtown areas. Growth opportunities are sought nationwide and internationally during the coming 18 months. Preferred demographics include a population of 400,000 within a five-mile radius earning $75,000 as the average household income. For more information, contact Mike Feldott, Landry’s, Inc., 1510 West Loop South, Houston, TX 77027; Email: mfeldott@ldry.com; Web site: www.mortons.com. Kilwin’s operates 86 locations throughout 17 states nationwide. The restaurants occupy spaces of 1,000 sq.ft. to 1,500 sq.ft. in lifestyle centers. Growth opportunities are sought throughout CT, NJ and NY during the coming 18 months, with representation by Great American Brokerage. The company prefers to locate to areas with strong nighttime activity. For more information, contact Paul Fetscher, Great American Brokerage, 100 West Park Avenue, Long Beach, NY 11561; 516-889-7200; Email: gtamerican@aol.com; Web site: www.restaurantexpert.com. DM Dealmakers Magazine | www.dealmakers.net
LEASE SIGNINGS Divaris Real Estate, Inc. (757-497-2113) negotiated the following leases throughout VA: with Friendly Motors for 5,000 sq.ft. at Belt Trade Center, located along East Belt Boulevard in Richmond, with John Madures of Divaris Real Estate, Inc. representing the landlord, South Belt Flex, in the transaction; with Zoe’s Kitchen for 2,800 sq.ft. at The Corner at Short Pump, located at the intersection of West Broad Street and Lauderdale Drive in Richmond, with Brett McNamee of Divaris Real Estate, Inc. representing the tenant in the transaction; with Premier Soccer for 2,559 sq.ft. at Parc Place at Short Pump, located along West Broad Street in Richmond, with Sara Goodall of Divaris Real Estate, Inc. representing the landlord, Gibraltar Virginia S, LLC, in the transaction. The company also negotiated a lease renewal with Premier Audio for 3,612 sq.ft. at 360 West Shopping Center, located along Hull Street Road in Richmond, VA. Sara Goodall represented the landlord, HSW, LLC and RMWI, LLC in the transaction.
De Rito Partners, Inc. (480-834-8500) negotiated the following leases throughout AZ: with Greystone Title for 1,800 sq.ft. at the intersection of Alma School Road and Queen Rock Road in Chandler with Larry Zebe of De Rito Partners, Inc. representing the tenant in the transaction; with Furniture Warehouse Factory Direct for 19,321 sq.ft. at the intersection of 83rd Avenue and Bell Road in Glendale, with Martin Leon and Chris Corso of De Rito Partners, Inc. representing the landlord in the transaction; with Anytime Fitness for 4,952 sq.ft. at The Shops at Gainey Ranch, located at the intersection of Doubletree Ranch Road and Gainey Center Drive in Scottsdale, with Steve Bonnell and John Palmieri of De Rito Partners, Inc. representing the landlord in the transaction and with Styles for Less for 4,000 sq.ft. at Peoria Crossing Shopping Center, located at the intersection of Loop 101 and Northern Avenue in Peoria, with Paul Serafin of De Rito Partners, Inc. representing the tenant in the transaction.
LMS Commercial Real Estate (717-569-9373) negotiated the following leases throughout PA: with Sky Zone for 24,045 sq.ft. and with Artesian Pools & Spas for 12,600 sq.ft. at Gateway Square in Mechanicsburg, with Jim Pointer of LMS Commercial Real Estate negotiating the transactions; with Woodcraft for 9,600 sq.ft. at Union Square in Harrisburg, with Arlene Gray of CBRE|Fameco negotiating the transaction; with Advance Auto for 6,895 sq.ft. at South Hanover Shopping Center in Hanover, with Donna Deerin Ward, Joe Deerin and Dave Nicholson of LMS Commercial Real Estate negotiating the transaction and with Constellation Energy for 1,000 sq.ft. at Gabriel Brothers Plaza in York, with Travis Riley of LMS Commercial Real Estate negotiating the transaction.
The Zall Co. (303-804-5656) negotiated the following leases throughout CO: with HMK for 4,127 sq.ft. at Avenue 2 Shops, a 37,000 sq.ft. retail development located along 2nd Avenue between Fillmore Street and Saint Paul Street in Cherry Creek, with Stuart Zall of The Zall Co. representing the landlord and Jon Weisiger of CB Richard Ellis representing the tenant, Hallmark Retail, LLC, in the transaction; with Pearl Street Fitness for 1,278 sq.ft. along Tennyson Street in Denver, with Kyle Framson of The Zall Co. representing the tenant in the transaction and with Little Curry Shop for 1,236 sq.ft. along 26th Street in Denver, with Cory Dulberg and Kyle Framson of The Zall Co. representing the tenant in the transaction.
Jeffery Realty (908-668-9600) negotiated a lease with Mobility Works for a location along Woodbridge Avenue in Highland Park, NJ for 12,235 sq.ft. Shane Wierks and Joe Hydro of Jeffery Realty negotiated the transaction. The company also negotiated a lease with Dunkin’ Donuts for 2,200 sq.ft. at Keyport Plaza, located along Route 35 in Keyport, NJ. Mike Testa and Patrick Delaney of Jeffery Realty negotiated the transaction. Lee & Associates of Illinois, LLC (773-3553032) negotiated a lease transaction with Rita Pia Pizza for 1,000 sq.ft. along South Milwaukee Avenue in Libertyville, IL with Rick Scardino of Lee & Associates of Illinois, LLC representing the landlord, Liberty Mill Plaza, LLC, in the transaction. Dealmakers Magazine | www.dealmakers.net
Cassidy Turley (858-625-5299) negotiated a 12year lease with Noodles & Co. for 2,837 sq.ft. at Palomar Airport Commons, located along Palomar Airport Road in Carlsbad, CA. Danny Fitzgerald, Michael Burton and Pasquale Ioele of Cassidy Turley, along with Sharon Carmichael of Terranomics Retail Services, represented the tenant in the transaction. Cafaro Corp. (724-730-4532) negotiated leases with Justice for 4,200 sq.ft., with rue21 for 5,800 sq.ft. and with Yankee Candle for 1,200 sq.ft. at Ohio Valley Mall, located along Mall Road in St. Clairsville, OH. The company also negotiated a lease with Steamers Seafood Bar & Grill at The Village at Towne Centre, a 1.7 million sq.ft. shopping center located at the intersection of Interstate 95 and Route 3 in Fredericksburg, VA. DM
SOURCES OF FINANCING Washington Trust’s Commercial Real Estate Group provided $4.8 million in financing to Lakeview Center Associates, LLC and Branford Equities, LLC for Lakeview Center, a 69,955 sq.ft. shopping center located along West Main Street in Branford, CT. The company specializes in commercial banking, personal banking, mortgage banking and wealth management services. For more information contact Suzanne Walsh Erno, Washington Trust’s Commercial Real Estate Group, 401-348-1492; Web site: www.washtrust.com. RED Development, LLC is requesting $18.5 million in tax increase financing from the town of Lee Summit, MO for the development of Summit Place, a proposed 352,000 sq.ft. power center located at the intersection of Interstate 470 and U.S. Highway 50 in Lee Summit, MO For more information, contact RED Development, LLC, 913-214-4600 Web site: www.reddevelopment.com. DM
REAL ESTATE PROFESSIONALS MAKING THE NEWS
CBRE (305-428-6373) is transitioning first vice president Ray Romano from the firm’s industrial service group to its capital markets group in the Orlando, FL market. The company specializes in property sales, leasing, corporate management, facilities and project management, mortgage banking, appraisal and valuation, research and consulting and development services. KTGY Group, Inc. (949-851-2133) recently hired Simon Perkowitz as principal of the firm’s commercial retail division. Prior to joining the company, Perkowitz served as founding principal at Perkowitz + Ruth Architects. The company plans and designs the architecture for retail, residential, hospitality and mixed-use properties. Seyfarth Shaw, LLP (312-460-6401) recently hired Peter M. Oxman at the firm’s Houston, TX office. Prior to his new role, Oxman served as a partner in King & Spalding, LLP’s capital transactions and real estate sector. The company provides legal services in the areas of real estate. Equistone Partners (415-939-1922) has tapped Tyler Harrison to lead the company’s expansion efforts into the southern FL market. Prior to his new role, Harrison served as senior associate for CB Richard Ellis. DM April 4, 2014 | Page 7
HOME-RELATED CHAINS EXPAND NATIONWIDE (continued from page one)
HomeGoods operates 415 locations nationwide and in Puerto Rico. The stores, offering home décor items, housewares, furniture and seasonal merchandise, occupy spaces of 25,000 sq.ft. in regional shopping centers. Growth opportunities are sought throughout NJ during the coming 18 months, with representation by Welco Realty. Preferred cotenants include national retailers. Pier 1 Imports operates 1,000 locations nationwide and in Puerto Rico. The stores, offering home décor, housewares and seasonal merchandise, occupy spaces of 9,000 sq.ft. to 10,000 sq.ft. in freestanding locations, lifestyle and specialty centers. Growth opportunities are sought throughout NJ and NY during the coming 18 months, with representation by Welco Realty. For more information, contact Jerry Welkis, Welco Realty, 2525 Palmer Avenue, New Rochelle, NY 10801; 914-576-7500, Fax 914-576-7596; Email: jwelkis@welcorealty.com; Web site: www.welcorealty.com. Blinds To Go operates 85 locations throughout CT, DE, MA, MI, NJ, NY, PA, VA and Ontario and Quebec, Canada.
The stores, offering custom-made blinds and shades, occupy spaces of 3,500 sq.ft. to 5,000 sq.ft. in freestanding locations and endcaps of shopping centers. Growth opportunities are sought throughout Long Island and the surrounding boroughs of New York, NY during the coming 18 months, with representation by Schuckman Realty, Inc. In Canada the company operates under the trade name Le Marche du Store. For more information, contact Ari Malul, Schuckman Realty, Inc., 7600 Jericho Turnpike, Woodbury, NY 11797; 516-4968888 Ext. 11, Fax 866-290-0632; Email: arim@schuckmanrealty.com; Web site: www.schuckmanrealty.com. Mattress Firm operates 1,300 locations nationwide in 31 states. The stores, offering mattresses and related bedroom products, occupy spaces of 3,200 sq.ft. to 4,200 sq.ft. in freestanding locations, malls, power and strip centers, as well as urban areas. Growth opportunities are sought throughout FL during the coming 18 months, with representation by Atlantic Retail Properties. For more information, contact Thomas Godino or Greg Godino, Atlantic Retail
Properties, 1001 North US Highway One, Suite 600, Jupiter, FL 33477; 561427-6699 Ext. 1012 Fax 561-427-6561; Email: tgodino@atlanticretail.com; Web sites: www.atlanticretail.com and www.mattressfirm.com. La-Z-Boy, Inc. trades as La-Z-Boy at 317 locations nationwide and throughout Canada. The stores, offering sofas, recliners, chairs, sectionals, sleepers, ottomans and coffee tables, occupy spaces of 12,000 sq.ft. to 15,000 sq.ft. in freestanding locations and endcaps of lifestyle and power centers. Plans call for 15 to 20 openings throughout the existing markets during the coming 18 months. Typical leases run 10 years. Specific improvements are required. Preferred cotenants include Bed Bath & Beyond, Home Depot, Lowe’s Home Improvement, Target and Best Buy. Preferred demographics include a population of 200,000 within 15 miles earning $60,000 as the average household income. For more information, contact David Baratta, La-Z-Boy, Inc., 1284 North Telegraph Road, Monroe, MI 48162; 734-384-6225; Email: david.baratta@la-z-boy.com; Web D site: www.la-z-boy.com. M
TENANT REPS AND LEASING ASSIGNMENTS Legend Properties, Inc. (610-941-4034) is representing Moe’s Southwest Grill with its expansion plans throughout eastern PA and southern NJ. The restaurants utilize spaces of 2,200 sq.ft. to 2,800 sq.ft. in endcaps of shopping centers or freestanding locations with an outdoor patio seating area. The company prefers to locate near office parks, schools, hospitals and other high activity generators. Preferred demographics include a minimum population of 30,000 within a two-mile radius earning $50,000 as the median household income. Jameson Commercial (312-929-1582) is representing Checkers with its expansion plans south of Interstate 290 in IL. The fastfood restaurants prefer to occupy spaces in endcaps or outparcels of shopping centers with a drive-thru, situated on land areas of 12,000 sq.ft. Royal Properties, Inc. (914-237-3403) is representing Extreme Pita with its expansion plans throughout northern NJ. The restaurants occupy spaces of 1,200 sq.ft. to 1,400 sq.ft. in grocery-anchored lifestyle centers. Page 8 | April 4, 2014
Sabre Real Estate Group (516-874-8070) is representing Denny’s with its expansion plans throughout Long Island, Manhattan and the outer boroughs of New York, NY. The casual dining restaurants utilize spaces of 3,800 sq.ft. to 5,500 sq.ft. in inline spaces or endcaps of shopping centers, travel centers, hotels or freestanding locations. The company prefers locations with a minimum of 125 seats and easy pedestrian and vehicular accessibility. The company is also representing Pep Boys with its expansion plans throughout Long Island, NY in spaces of 5,000 sq.ft. to 8,000 sq.ft. in existing service stations with a minimum of four bays. Preferred average daily traffic counts include 22,000 vehicles. The Rotella Group, Inc. (954-568-9015) is representing 7-Eleven with its expansion plans throughout Broward County, from Interstate 595 north up to Atlantic Avenue in Delray Beach, as well as Palm Beach County, FL. The convenience stores are seeking to occupy spaces of 2,400 sq.ft. to 3,000 sq.ft. in endcaps of shopping centers, as well as corner or freestanding locations and second-
generation spaces. Preferred demographics include a trade-area population of 14,000 and average daily traffic counts of 25,000 vehicles. The company prefers to locate in downtown/urban areas with high foot traffic or near hospitals or college campuses and requires a land area of 29,000 sq.ft. to 1.7 acres. Cushman & Wakefield (617-204-4150) has been appointed as the exclusive sales broker for a portfolio of four grocery-anchored shopping centers located in Cohasset, Easton, Hanover and Waltham, MA. R.J. Brunelli (732-721-5800) is representing Blinds-To-Go with its expansion plans along Route 1 in Lawrenceville, NJ. The company prefers to occupy spaces of 4,000 sq.ft. in endcaps of shopping centers or freestanding locations. Pyramid Management Group (315-4227000) has been awarded the exclusive leasing and management agency for Manassas Mall, a 935,000 sq.ft. regional shopping center location in Manassas, VA. DM Dealmakers Magazine | www.dealmakers.net
LEAD SHEET Versona Accessories Steve Miller c/o The Rotella Group 3300 North Federal Highway, Suite 200 Ft. Lauderdale, FL 33306 954-568-9015, Fax 954-568-9597 Email: steve@rotellagroup.com Web site: www.rotellagroup.com
Accessories The 37-unit chain operates locations throughout AL, AR, FL, GA, IN, KS, KY, LA, MO, MS, NC, OH, OK, SC, TN and TX. The stores, offering women’s accessories, jewelry and fashion items, occupy spaces of 6,000 sq.ft. to 7,500 sq.ft. in enclosed regional malls, lifestyle and power centers. Growth opportunities are sought throughout southeastern FL during the coming 18 months, with representation by The Rotella Group.
Jo-Ann Stores, Inc. dba Jo-Ann Fabrics & Crafts 5555 Darrow Road Hudson, OH 44236 Web site: www.joann.com
Arts/Crafts/Fabrics The 838-unit chain operates locations nationwide. The stores, offering fabrics, crafts, sewing and home décor items, occupy spaces of 10,000 sq.ft. to 25,000 sq.ft. in freestanding locations, malls, power and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run 10 years. Preferred cotenants include Bed Bath & Beyond, Best Buy, DSW, Famous Footwear, Home Depot, Kohl’s, Lowe’s Home Improvement, Marshalls, Target and T.J. Maxx. For more information regarding expansion throughout AR, IA, IN, KS, KY, LA, MO, ND, NE, western NY, OH, western PA, SD and WV, contact Todd Burton, 330-463-8777, Email: todd.burton@joann. com. For more information regarding expansion throughout northern CA, CO, ID, IL, MI, MN, MT, NV, OR, UT, WA, WI and WY, contact Kevin Beegle, 330-463-3461, Email: kevin.beegle@joann.com. For more information regarding expansion throughout AL, CT, GA, MA, MD, ME, MS, NC, NH, NJ, eastern NY, eastern PA, RI, SC, TN, VA and VT, contact Adam Rabin, 301-528-2007, Email: adam.rabin@joann.com. For more information regarding expansion throughout AZ, southern CA, FL, NM, OK, TX, Canada, Puerto Rico, contact Tony Carosello, 330-463-6600, Email: anthony.carosello@joann.com.
Grease Monkey International dba Grease Monkey Ralph Yarusso 7450 East Progress Lane Greenwood Village, CO 80111 303-308-1660, Fax 303-308-5906 Email: ryarusso@greasemonkeyintl.com Web site: www.greasemonkeyshine.com
Automotive The 248-unit chain operates locations nationwide and in Mexico. The automotive service centers occupy spaces of 2,300 sq.ft. in freestanding locations. Growth opportunities are sought nationwide and internationally during the coming 18 months. Major competitors include Jiffy Lube and Valvoline. The company is franchising. A half an acre of land is required for Grease Monkey sites and a land area of at least one acre is required for sites with a car wash.
HJB Convenience Corp. dba Russell’s Convenience Ray Huff 8585 West 14th Avenue, Suite B3 Lakewood, CO 80215 720-881-5900, Fax 303-293-0012 Email: rhuff@russellsconvenience.com Web site: www.russelsconvenience.com
Convenience The 20-unit chain operates locations throughout CA, CO and HI. The convenience stores occupy spaces of 900 sq.ft. to 1,800 sq.ft. in urban/downtown areas. Growth opportunities are sought throughout the existing markets during the coming 18 months.
Rite Aid Corp. dba Rite Aid Ray G. Payne 320 Goddard Way, Suite 125 Irvine, CA 92618 949-753-0614, Fax 949-754-0506 Email: rpayne@riteaid.com Web site: www.riteaid.com
Drug Store The 4,600-unit chain operates locations nationwide throughout 31 states. The pharmacies occupy spaces of 11,000 sq.ft. to 17,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout CA, CO, IN, KY, LA, MI, MS, OH, OR, PA, UT, WA and WV during the coming 18 months.
Martin Franchises, Inc. dba Martinizing Dry Cleaning Kevin Kaeding 2001 Ford Circle, Suite A Milford, OH 45150 513-699-4244, Fax 513-731-0818 Email: kkaeding@martinizing.com Web site: www.martinizing.com
Dry Cleaners The 400-unit chain operates locations nationwide and internationally. The dry cleaning facilities occupy spaces of 1,600 sq.ft. to 2,400 sq.ft. in freestanding locations, inline spaces and endcaps of lifestyle, specialty and strip centers, as well as urban/downtown areas. Growth opportunities are sought throughout nationwide during the coming 18 months.
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April 4, 2014 | Page 9
LEAD SHEET Primrose Schools Kim Englehardt Miller 3660 Cedarcrest Road Acworth, GA 30101 770-529-4100 Email: kmiller@primroseschools.com Web site: www.primroseschools.com
Educational The 275-unit chain operates locations nationwide. The child care learning centers prefer to occupy spaces of 10,000 sq.ft. to 13,000 sq.ft. in urban areas and of 11,000 sq.ft. for suburban areas in freestanding locations. Growth opportunities are sought throughout Los Angeles and San Francisco, CA; Chicago, IL; Boston, MA; northern NJ; New York, NY and Washington, DC during the coming 18 months. Suburban areas require a land area of 60,000 sq.ft., while urban areas require 5,000 sq.ft. of flat outdoor area or fenced playground.
AT&T Mobility Jason Pierson c/o Pierson Commercial Real Estate, LLC 704 Ginesi Drive, Suite 24 Morganville, NJ 07751 732-707-6902 Email: jason@piersonre.com Web site: www.piersonre.com
Electronics The chain operates locations nationwide. The store, offering cellular phones and related services and accessories, occupy spaces of 1,500 sq.ft. to 2,000 sq.ft. in various retail settings. Growth opportunities are sought throughout central and northern NJ during the coming 18 months, with representation by Pierson Commercial Real Estate, LLC.
U.S. Cellular Corp. dba U.S. Cellular Glen Todd 8410 West Bryn Mawr Avenue Chicago, IL 60631 773-399-8922, Fax 773-527-2814 Email: glen.todd@uscellular.com Web site: www.uscellular.com
Electronics The chain operates 300 corporate stores and 700 agent stores nationwide throughout 23 states. The company, offering wireless phones and related services and accessories, is seeking to occupy spaces of 1,200 sq.ft. to 2,000 sq.ft. for agent stores and spaces of 2,500 sq.ft. to 3,500 sq.ft. for corporate stores. Growth opportunities are sought nationwide during the coming 18 months.
AMC Theatres Jerry Welkis c/o Welco Realty 2525 Palmer Avenue New Rochelle, NY 10801 914-576-7500, Fax 914-576-7596 Email: jwelkis@welcorealty.com Web site: www.welcorealty.com
Entertainment The chain operates more than 300 locations nationwide. The move theaters occupy spaces of 50,000 sq.ft. to 75,000 sq.ft. in freestanding locations, shopping centers and urban/ downtown areas. Growth opportunities are sought throughout CT, NJ and NY during the coming 18 months, with representation by Welco Realty.
RC Theatres Gerald Divaris c/o Divaris Real Estate, Inc. One Columbus Circle, Suite 700 Virginia Beach, VA 23462 757-497-2113, Fax 757-497-1338 Email: gdivaris@divaris.com Web site: www.divaris.com
Entertainment The nine-unit chain operates locations throughout MD, NC, PA and VA. The movie theaters occupy spaces of 40,000 sq.ft. to 55,000 sq.ft. in freestanding locations and mixed-use centers. Growth opportunities are sought throughout FL, MD, NJ, OH, PA and VA during the coming 18 months, with representation by Divaris Real Estate, Inc.
Regal Entertainment Group Bill Farkas c/o Jeffery Realty, Inc. 116 Route 22 East North Plainfield, NJ 07060 908-668-9600, Fax 908-668-5225 Email: bfarkas@jefferyrealty.com Web site: www.jefferyrealty.com
Entertainment The 573-unit chain operates locations nationwide and internationally. The movie theaters occupy spaces of 50,000 sq.ft. to 80,000 sq.ft. in lifestyle and power centers. Growth opportunities are sought throughout central and northern NJ during the coming 18 months, with representation by Jeffery Realty, Inc.
Page 10 | April 4, 2014
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LEAD SHEET X Sport Fitness David Landes c/o Royal Properties, Inc. 850 Bronx River Road Bronxville, NY 10708 914-237-3404, Fax 914-237-0196 Email: david@royalpropertiesinc.com Web site: www.royalpropertiesinc.com
Fitness The 37-unit chain operates locations throughout IL in the Chicagoland area and surrounding suburbs, as well as in NY and Washington, DC. The fitness centers occupy spaces of 40,000 sq.ft. to 50,000 sq.ft. in freestanding locations, entertainment, lifestyle, power and specialty centers. Plans call for two openings throughout northern NJ, Westchester, Rockland and Long Island, NY during the coming 18 months, with representation by Royal Properties, Inc. Preferred demographics include a population of 300,000 within five miles earning $70,000 as the average household income. Major competitors include LA Fitness and 24 Hour Fitness. The company will also consider locating in second-generation spaces.
Great Clips, Inc. dba Great Clips Davis Bennett 4400 West 78th Street, Suite 700 Bloomington, MN 55435 952-746-3337, Fax 952-844-3445 Email: davis.bennett@greatclips.com Web site: www.greatclips.com
Hair Salon The chain operates more than 3,350 locations nationwide and in Canada. The hair salons occupy spaces of 900 sq.ft. to 1,200 sq.ft. in power and strip centers. Growth opportunities are sought nationwide and in Alberta and British Columbia, Canada during the coming 18 months. Preferred cotenants include grocery stores and national discount retailers.
Hair Party 24 Young Byunn c/o Winick Realty Group 655 3rd Avenue, 8th Floor New York, NY 10017 212-792-2645 Email: young@winick.com Web site: www.winick.com
Hair Salon The company operates a location in New York, NY. The hair salon also offers manicures, make-up and spa treatment services and is seeking to occupy spaces of 2,000 sq.ft. to 3,000 sq.ft. in downtown areas. Growth opportunities are sought throughout the existing market during the coming 18 months, with representation by Winick Realty Group.
Care Spot Brent Andrews or Ross Waters c/o Atlantic Retail Properties 1001 North US Highway One, Suite 600 Jupiter, FL 33477 561-427-6699 Ext. 1016, Fax 561-427-6561 Email: bandrews@atlanticretail.com Web site: www.atlanticretail.com
Healthcare The 54-unit chain operates locations throughout FL, KS, MO, TN and TX. The healthcare facilities occupy spaces of 3,500 sq.ft. in freestanding locations, malls, power and strip centers, as well as urban/downtown areas. Growth opportunities are sought throughout southern FL during the coming 18 months, with representation by Atlantic Retail Properties.
Relax the Back Acquisitions Corp. dba Relax the Back Kurt Buehler 6 Centerpointe Drive, Suite 350 La Palma, CA 90623 800-290-2225 Ext. 7941 Email: kurtb@relaxtheback.com Web site: www.relaxtheback.com
Healthcare The 95-unit chain operates locations nationwide. The stores, offering ergonomic products to help mitigate and prevent back problems, occupy spaces of 2,300 sq.ft. to 2,700 sq.ft. in lifestyle, power and specialty centers. Plans call for five openings throughout the existing market during the coming 18 months.
Uno De 50 Gerardo Aguinis c/o The Zall Co. 4725 South Monaco Street, Suite 340 Denver, CO 80237 303-804-5656, Fax 303-804-9696 Email: gaguinis@zallcompany.com Web site: www.unode50.com
Jewelry The 60-unit chain operates locations nationwide. The stores, offering handcrafted jewelry items, occupy spaces of 500 sq.ft. to 900 sq.ft. in malls, lifestyle centers and urban/downtown areas. Plans call for 12 openings throughout the existing market during the coming 18 months, with representation by The Zall Co. Typical leases run 10 years. Preferred cotenants include upscale retailers.
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April 4, 2014 | Page 11
LEAD SHEET Petco Andrew Feldman c/o KLNB Commercial Real Estate 100 West Road, Suite 505 Baltimore, MD 21204 443-632-2053 Email: afeldman@klnb.com
Pet Supplies The 1,300-unit chain operates locations nationwide and in Mexico and Puerto Rico. The pet supply stores occupy spaces of 12,500 sq.ft. in freestanding locations, power and strip centers. Growth opportunities are sought throughout MD, northern VA and Washington, DC during the coming 18 months, with representation by KLNB Commercial Real Estate.
Massage Heights Jeff McMullen c/o Richard Bowers & Co. 260 Peachtree Street, Suite 2400 Atlanta, GA 30303 404-816-1600, Fax 404-880-0077 Email: jmcmullen@richardbowers.com Web site: www.richardbowers.com
Service The 100-unit chain operates locations throughout AZ, CA, CO, FL, GA, IA, KS, MD, MI, MO, NC, NE, NH, NV, PA, TN, TX, VA and WA, as well as in Alberta, Canada. The facilities, offering massage and facial services, occupy spaces of 1,800 sq.ft. to 3,400 sq.ft. in lifestyle, power and strip centers. Growth opportunities are sought throughout GA during the coming 18 months, with representation by Richard Bowers & Co.
Crocs John Tsiskakis c/o The Greenberg Group 1200 West Broadway Hewlett, NY 11557 516-295-0406 Email: johnt@thegreenbergroup.com Web site: www.thegreenberggroup.com
Shoes The 307-unit chain operates locations nationwide and internationally. The shoe stores occupy spaces of 1,500 sq.ft. to 2,200 sq.ft. in regional malls, outlet and tourist centers. Plans call for 15 openings nationwide during the coming 24 months, with representation by The Greenberg Group.
Postnet International Franchise Corp. dba Postnet Brian Destarac 1819 Wazee Street Denver, CO 80202 303-771-7100 Web site: www.postnet.com
Specialty The 900-unit chain operates locations nationwide and internationally. The stores, offering copying and shipping services, occupy spaces of 1,000 sq.ft. to 1,800 sq.ft. in strip centers. Growth opportunities are sought nationwide during the coming 18 months. Typical leases run five years. A vanilla shell is required. Preferred demographics include a population of 15,000 within three miles earning $50,000 as the average household income. The company is franchising.
Fit2Run Ellen Smith c/o Metropolis Retail, Inc. 704 Windsor Estates Way Canton, GA 30115 678-880-0214 Email: esmith@metropolisretail.com Web site: www.metropolisretail.com
Specialty The 10-unit chain operates locations throughout FL. The stores, offering running footwear, apparel and related accessories, occupy spaces of 5,000 sq.ft. to 7,500 sq.ft. in regional shopping centers. Growth opportunities are sought throughout southern CA and FL during the coming 18 months, with representation by Metropolis Retail, Inc. The company prefers to locate in affluent areas or major regional malls.
The preceding leads have been verified by calls made to or written submittals from the respective retailers during the weeks prior to publication. Since the majority of chains featured in Lead Sheet are small in size, some changes in their expansion plans should be expected. To be included in an upcoming issue, just fax a note or call us with the details. Our fax number is (609-587-3511) and you can reach us by phone at (609-587-6200) or email at ann@dealmakers.net. Page 12 | April 4, 2014
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SPACE PLACE Florida
Florida
Illinois
Davie – An 80,000 sq.ft. neighborhood center located at the intersection of State Road 7 and Griffin Road, has spaces from 900 sq.ft. to 3,600 sq.ft. available, along with a 3,000 sq.ft. endcap. Cotenants include BrandsMart USA, Dollar General and Big Chef. Area demographics include a population of 321,869 within five miles earning $58,980 as the average household income. For more information, contact Steve Miller or Ray Walsh, The Rotella Group, Inc., 3300 North Federal Highway, Suite 200, Ft. Lauderdale, FL 33306; 954-568-9015, Fax 954-568-9597; Email: steve@rotellagroup.com; Web site: www.rotellagroup.com.
Group Ltd., 48 East Old Country Road, Suite 203, Mineola, NY 11501; 516877-1677, Fax 516-877-1680; Web site: www.malachitegroup.com.
include Nordstrom Rack, T.J. Maxx, DSW, Cost Plus World Market and Old Navy. Area demographics include a population of 273,407 within five miles earning $108,757 as the average household income. For more information, contact Dick Spinell or Sarah Drumgould, Mid-America Asset Management, Inc., 1 Parkview Plaza, 9th Floor, Oakbrook Terrace, IL 60181; 630954-7364/7290, Fax 630-954-7306; Email: dspinell@midamericagrp.com; Web site: www.midamericagrp.com.
Crystal River – Crystal Center, a 49,896 sq.ft. center located at the intersection of US Highway 19 and 5th Terrace, has spaces of 1,152 sq.ft., 4,050 sq.ft., 5,000 sq.ft. and 12,300 sq.ft. available. Cotenants include Sears, Bealls Outlet, Sherwin Williams, Save-A-Lot, Dollar General and Goodwill. Area demographics include a population of 23,312 within five miles earning $65,346 as the average household income. For more information, contact Malachite
Wesley Chapel – A 71-acre parcel is available for build-to-suit or ground lease along SR 54 Wesley Chapel. Area retailers include Walmart, Publix, Advance Auto Parts, Applebee’s, Walgreens and Taco Bell. Area demographics include a population of 152,997 within seven miles earning $78,751 as the average household income. For more information, contact Carol Bauman, Southeast Commercial, PO Box 20002, Tampa, FL 33622; 813-992-9696; Email: cbauman@southeastcommercial. net; or Keith Bennett, Retail Site Development, LLC, 813-713-7600; Email: keith.bennett@retailsite.net.
Illinois Oak Brook – The Shops at Oak Brook Place, a 177,206 sq.ft. center located at the intersection of Midwest Road and 22nd Street, has a space of 4,397 sq.ft. available. Cotenants
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Normal – A site located at the intersection of Veterans Parkway and College Avenue, has restaurant pad sites available for ground lease. Area retailers include Von Maur, Chili’s, T.J. Maxx, Target, Best Buy and Kroger. Area demographics include a population of 127,628 within five miles earning $60,595 as the median household income. For more information, contact Brendan Watt, Michael Schertler or Michael Chin, Tartan Realty Group, 350 West Hubbard Street, Suite 640, Chicago, IL 60654; 312-605-8535/312-377-8379/312377-8385, Fax 312-377-8351; Email: brendan@tartanrealtygroup.com; Web site: www.tartanrealtygroup.com. Tinley Park – Tinley Downs, located at the intersection of West 171st Street and 80th Avenue, has spaces of 2,160 sq.ft. and 6,428 sq.ft. available. Cotenants include Family Dollar, Jimmy John’s, Dunkin’ Donuts and Nancy’s Pizza. Area demographics include a population of 188,635 within five miles earning $92,649 as the average household income. Waukegan – Timberlake Shopping Center, located at the intersection of North Lewis Avenue and Sunset Avenue, has spaces from 675 sq.ft. to 51,340 sq.ft. available. Cotenants include Dollar General, Little Caesar’s Pizza, Herbalife and David Rico Salon. Area demographics include a population of 169,096 within five miles earning $57,579 as the average household income. For more information, contact Luke Sementa or James Schutter, Newmark Grubb Knight Frank Retail, 312-224-3974/3210; Email: lsementa@ngkf.com.
Maryland Bethesda – A 1,683 sq.ft. street level space is available along Woodmont Avenue. Area retailers include Starbucks, Design Within Reach, Fitness First, Jettie’s, Rock Bottom Restaurant, Naked Pizza and Blackfinn. Area demographics include a population of Dealmakers Magazine | www.dealmakers.net
SPACE PLACE Maryland
New Hampshire
New Jersey
144,093 within three miles earning $127,487 as the median household income. For more information, contact Kelly Silverman, streetsense, 240-793-6821; Email: kelly@streetsense.com; Web site: www.streetsense.com.
Derry – Derry Meadows Shoppes, a 186,210 sq.ft. center located at the intersection of Manchester Road and Ashleigh Drive, has spaces of 1,500 sq.ft. to 6,549 sq.ft. available. Cotenants include Derry Five Star Cinemas, The UPS Store, Game Stop, Hannaford Bros. Supermarket, Derry Workout Club, Burger King, Dollar Tree and Romano’s Pizza. Area demographics include a population of 94,504 within seven miles earning $93,485 as the average household income. The average daily traffic count is 18,000 vehicles. For more information, contact Chris McMahon, Summit Realty Partners, 781862-9700 Ext. 225; Email: cjm@sumrp.com.
earning $109,094 as the average household income. For more information, contact Charles Hirsch, Milbrook Properties, Ltd., 42 Bayview Avenue, Manhasset, NY 11030; 516-869-1240, Fax 516-869-8576; Email: chirsch@milbrookproperties.com; Web site: www.milbrookproperties.com.
Lexington Park – Lexington Village, a 175,210 sq.ft. center located at the intersection of Three Notch Road and Buck Hewitt Road, has spaces from 1,050 sq.ft. to 3,317 sq.ft. available. Cotenants include Kohl’s, Dick’s Sporting Goods, Rite Aid, Sport Clips, Kay Jewelers, Buffalo Wild Wings, Verizon Wireless, Mattress Discounters and Noodles & Co. Area demographics include a trade-area population of 137,752 within five miles earning $84,476 as the average household income. The average daily traffic count is 47,000 vehicles. Oakland – Oakland Plaza, a 14,935 sq.ft. center located along Garrett Highway, has a divisible space of 3,500 sq.ft. available. Cotenants include Game Stop, Cato and Shoe Show. For more information regarding Lexington Village, contact John Marigliano, Renaud Consulting, 8605 Westwood Center Drive, Suite 410, Vienna, VA 22182; 571-7654423; Email: jmarigliano@renaudconsulting.net; Web site: www.renaudconsulting.net. For more information regarding Oakland Plaza, contact Brendan Clark, 571-765-4426; Email: bclark@renaudconsulting.net.
Massachusetts Boston – Spaces of 1,150 sq.ft. are available on five floors, along with a full basement, at a building along Winter Street. Area retailers include Starbucks. Dedham – East Dedham Square, located along Washington Street, has spaces from 1,000 sq.ft. to 22,900 sq.ft. available. Area retailers include Kiku Yama, Wardle’s Pharmacy and CVS. Waltham – A center located at the intersection of Lexington Street and Trapelo Road, has a 1,168 sq.ft. endcap available. Cotenants include Radio Shack, Elizabeth Grady and Supercuts. Area demographics include a population of 33,246 within two miles earning $124,169 as the average household income. The average daily traffic count is 33,000 vehicles. For more information regarding the Boston and Waltham properties, contact Adam Conviser, Conviser Property Group, Inc., 858 Washington Street, Suite 306, Dedham, MA 02026; 781-320-0600, Fax 781-7914955; Email: adam@conviserpg.com; Web site: www.conviserpg.com. For more information regarding East Dedham Square, contact Jim Conviser or Dan Gardner; Email: jim@conviserpg.com. Dealmakers Magazine | www.dealmakers.net
Hooksett – Hooksett Commons, a 540,000 sq.ft. center located at the intersection of Technology Drive and West River Road, has a space of 7,888 sq.ft. available. Cotenants include Bed Bath & Beyond, BJ’s Wholesale, The Home Depot, Kohl’s, Petco, Payless Shoe Source, EB Games, Target, Sleepy’s, Wendy’s and Subway. Area demographics include a population of 196,311 within ten miles earning $78,095 as the average household income. For more information, contact Joseph Harnan, KGI Properties, LLC, 10 Memorial Boulevard, Suite 901, Providence, RI 02903; 401-273-8600 Ext. 329; Email: j.harnan@kgiproperties.com; Web site: www.kgiproperties.com.
New Jersey Eatontown – The Crossroads at Eatontown, located at the intersection of Route 35 and Route 36, has spaces of 17,500 sq.ft. and 35,250 sq.ft. available. Area retailers include Lord and Taylor, Macy’s, AMC Theatre, Boscov’s, The Home Depot, Bed Bath & Beyond, JC Penney, Babies “R” Us and Best Buy. Area demographics include a population of 146,258 within five miles earning $112,612 as the average household income. The asking rent is $32 psf NNN. For more information, contact Trista Ricciardelli or Helena Loelius, Sitar Realty Co., 503 Washington Boulevard, Sea Girt, NJ 08750; 732-449-2000; Email: ricciardelli@sitarcompany.com; Web site: www.sitarcompany.com. Edison – Edison Plaza, a 103,996 sq.ft. center located at the intersection of US Route 1 and Old Post Road, has a space of 3,400 sq.ft. available. Cotenants include Shop Rite, Party Fair, Plato’s Closet, Subway, Supercuts and Monster Golf. Area demographics include a population of 349,852 within five miles
Flanders – Sutton Plaza, a 163,500 sq.ft. community center located at the intersection of Route 206 and Flanders-Bartley Road, has spaces of 2,400 sq.ft., 3,360 sq.ft. and 11,439 sq.ft. available. Cotenants include Weis Supermarket, Dollar Tree, Tractor Supply Co., H&R Block, GNC, Subway, Supercuts and McDonald’s. Area demographics include a population of 61,902 within five miles earning $89,395 as the median household income. For more information, contact Armstrong Realty Management, 360 Madison Avenue, 20th Floor, New York, NY 10017; 212-661-5999 Ext. 2227; Email: leasing@armstrong-realty.com; Web site: www.armstrong-realty.com. Mahwah – Ramapo Centre, a 38,000 sq.ft. community center located at the intersection of MacArthur Boulevard and Glasmere Road, has a 2,100 sq.ft. former TD Bank available. Area demographics include a population of 118,785 within five miles earning $132,183 as the average household income. For more information, contact Michael Gartenberg, Garden Commercial Properties, 973-467-5000 Ext. 123; Email: retail@gardenhomes.com; Web site: www.gardencommercial.com. Paramus – A 3,396 sq.ft. pad site is available at the intersection of Main Street and Route 4. Area retailers include CVS, Blinds To Go, 24 Hour Fitness, Wendy’s, Sleepy’s, Toys “R” Us, Verizon Wireless and Shop Rite. The average daily traffic count is 116,000 vehicles. For more information, contact Jill Gordon or John Schilp, NAI James E. Hanson, 201-488-5800 Ext. 132/174; Email: jgordon@naihanson.com; Web site: www.naihanson.com. Turnersville – Ganttown Plaza, a 108,057 sq.ft. center located along Route 42, has spaces available, along with a pad site. Cotenants include Harbor Freight Tools, Bottom Dollar Foods, Firestone, LA Boxing and TD Bank. Area demographics include a population of 23,299 within three miles earning $93,028 as the average household (continued on page sixteen)
April 4, 2014 | Page 15
SPACE PLACE New Jersey (continued from page fifteen)
income. The average daily traffic count is 51,000 vehicles. For more information, contact Nicole Johnson or Julie T., Paramount Realty Services, Inc., 1195 Route 70, Lakewood, NJ 08701; 732-961-8123/8136, Fax 732-8861690; Email: njohnson@paramountrealty.com; Web site: www.paramountrealty.com.
New York Carle Place – A 3,200 sq.ft. ground floor space, and a 3,200 sq.ft. second floor space, are available at the intersection of Old Country Road and Meadowbrook Parkway. Area retailers include Raymour & Flanigan, Buy Buy Baby, Nordstrom Rack, The Container Store, Old Navy, Ulta, Gap Outlet and Banana Republic. Area demographics include a population of 462,173 within five miles earning $105,458 as the median household income. The average daily traffic count is 140,000 vehicles. Lake Grove – Smith Grove Shopping Center, located at the intersection of Route 347 and Alexander Avenue, has spaces available. Cotenants include Aldi, Panera Bread, Radio Shack and Citi Bank. Area demographics include a population of 216,769 within five miles earning $101,063 as the median household income. For more information regarding the Carle Place property, contact Doug Weinstein or Daniel Glazer, Ripco Real Estate, 420 Jericho Turnpike, Suite 100, Jericho, NY 11753; 516-933-8880, Fax 516-9332514; Email: dweinstein@ripcony.com; Web site: www.ripcony.com. For more information regarding Smith Grove Shopping Center, contact Jeremy Isaacs; Email: jisaacs@ripcony.com. Hewlett – A 975 sq.ft. street front space is available along West Broadway. Area retailers include Trader Joe’s, Burger King, Dunkin’ Donuts, Starbucks and Wells Fargo. Area demographics include a population of 155,140 within three miles earning $102,868 as the median household income. Ridgewood – A corner ground floor retail space, along with a full basement, is available at the intersection of Myrtle Avenue and Madison Street. Area retailers include Lucille Roberts, Walgreens, Payless Shoe Source, GNC, New York & Co., Mandee and Sleepy’s. Area demographics include a population of 169,069 within one mile earning $41,170 as the median household income. The average daily traffic count is 12,000 vehicles. For more information regarding the Hewlett property, contact Ed Czarniak, Sabre Real Page 16 | April 4, 2014
New York
New York
Estate Group, LLC, 500 Old Country Road, Garden City, NY 11530; 516-874-8070 Ext. 511; Email: edward@sabreny.com; Web site: www.sabreny.com. For more information regarding the Ridgewood property, contact Mark Gallucci, 516-874-8070 Ext. 508; Email: mark@sabreny.com.
For more information, contact Mike Raifaisen or Anthony Jurkovic, Commercial Retail Associates, 525 Northern Boulevard, Suite 310, Great Neck, NY 11021; 516498-1010 Ext. 235/212, Fax 516-4981088; Email: mr@comretail.com; Web site: www.comretail.com.
Lawrence – A 12,000 sq.ft. pad site space is available for ground lease along Rockaway Turnpike. Area retailers include Costco Wholesale, Boston Market, Verizon Wireless, 7-Eleven, Taco Bell, Starbucks and AT&T. Area demographics include a population of 503,140 within five miles earning $67,245 as the median household income. The average daily traffic count is 37,000 vehicles. For more information, contact Frank Zuckerbrot or Marc Geller, Sholom & Zuckerbrot Realty, LLC, 35-11 35th Avenue, Long Island City, NY 11106; 718-392-5959 Ext. 123/128, Fax 718-729-3853; Email: fz@s-z.com.
Ohio
Somers – Somers Commons, a 135,000 sq.ft. center located at the intersection of Route 6 and Miller Road, has spaces of 2,076 sq.ft. and 4,000 sq.ft. available. Cotenants include Stop & Shop, Home Goods, Goodwill, New York Sports Club, Great Clips, Sleepy’s, Sally Beauty Supply, Great Clips, Subway and Coldstone Creamery. Area demographics include a population of 72,244 within five miles earning $124,295 as the average household income. For more information, contact Carl Wunderlich, Urstadt Biddle Properties, Inc., 321 Railroad Avenue, Greenwich, CT 06830; 203-863-8219; Email: cwunderlich@ubproperties.com; Web site: www.ubproperties.com. Staten Island – New Woodrow Plaza Shopping Center, located at the intersection of Woodrow Road and Rossville Avenue, has a space of 12,000 sq.ft. available. Cotenants include McDonald’s. The asking rent is $52 psf. For more information, contact Casandra Properties, Inc., 718-816-7799; Email: info@casandraproperties.com; Web site: www.casandraproperties.com. Valley Stream – A 3,860 sq.ft. freestanding building is available at the intersection of East Merrick Road and South Grove Street. Area retailers include CVS, Boston Market, Subway and Advance Auto Parts. Area demographics include a population of 257,591 within three miles earning $108,991 as the average household income.
Mayfield Heights – A 5,300 sq.ft. freestanding building, which can be divided, is available along Mayfield Road. Area demographics include a population of 148,459 within five miles earning $84,024 as the average household income. Also – A center located along Mayfield Road, has a 2,500 sq.ft. endcap available. Area demographics include a population of 162,961 within five miles earning $81,351 as the average household income. For more information, contact Steve Passov, Passov Real Estate Group, 216-8318100; Email: spassov@passovgroup.com; or Amanda Doroba, Kowit Real Estate, 216514-1400; Email: adoroba@kowitrealestate.com.
Pennsylvania Harrisburg – Uptown Plaza, located along Division Street, has spaces from 800 sq.ft. to 42,000 sq.ft. available, along with a pad site. Cotenants include Family Dollar, Dollar Tree, McDonald’s, Save A Lot, Rainbow and Hair Plus. Area demographics include a population of 255,314 within seven miles earning $70,628 as the average household income. For more information, contact Michael DePetris or Jamar Gordon, Legend Properties, Inc., 1275 Glenlivet Drive, Suite 100, Allentown, PA 18106; 610-8686720; Email: mdepetris@lpre.com; Web site: www.lpre.com. Lebanon – Promenade at Lebanon East, a 108,085 sq.ft. center located at the intersection of Route 422 and North 8th Avenue, has spaces of 1,400 sq.ft. and 1,600 sq.ft. available. Cotenants include Giant, CVS, Subway, Advance Auto Parts, Game Stop, Anytime Fitness and China Wok. Area demographics include a population of 27,917 within three miles earning $65,522 as the average household income. The average daily traffic count is 20,376 vehicles. For more information, contact Nicole Johnson or Julie T., Paramount Realty Services, Inc., 1195 Route 70, Lakewood, NJ 08701; 732-961-8123/8136, Fax 732-8861690; Email: njohnson@paramountrealty.com; Web site: www.paramountrealty.com. Dealmakers Magazine | www.dealmakers.net
SPACE PLACE Rhode Island
Texas
Texas
Warwick – Rhode Island Mall, a 450,415 sq.ft. center located along Bald Hill Road/ Route 2, has up to 161,000 sq.ft. of space available. Cotenants include Sears, Kohl’s, Walmart, On the Border, Toys “R” Us/Babies “R” Us. Area demographics include a population of 349,555 within seven miles earning $73,265 as the median household income. For more information, contact Mike Hotarek or Andrew Bonica, Eastern Retail Properties, 25 Braintree Hill Office Park, Suite 305, Braintree, MA 02184; 781-8499017/9011, Fax 781-849-9050; Email: mhotarek@easternretail.com; Web site: www.easternretail.com.
Katy – Mason Plaza, located along Mason Road, has spaces of 1,920 sq.ft. and 11,200 sq.ft. available. Area retailers include Kroger, Burger King, Starbucks, Taco Bell, Subway, Cici’s Pizza, Big Lots, Sears, Firestone and Dairy Queen. Area demographics include a population of 237,465 within five miles earning $103,057 as the average household income. The average daily traffic count is 46,470 vehicles. For more information, contact Heather Nguyen, New Quest Properties, 8827 West Sam Houston Parkway, Suite 200,
Houston, TX 77040; 281-477-4358; Email: hnguyen@newquest.com. McKinney – A divisible space of 16,600 sq.ft. is available at the intersection of Stonebridge Drive and El Dorado Parkway, along with a 1.0-acre pad site. Area retailers include 7-Eleven. Area demographics include a population of 152,223 within five miles earning $107,090 as the average household income. For more information, contact Abbas (continued on page eighteen)
Texas Forney – A 200,000 sq.ft. center located at the intersection of Highway 80 and FM 548, has spaces available, along with pad sites. Cotenants include Kroger. Area demographics include a population of 37,523 within five miles earning $96,034 as the average household income. For more information, contact Lou Miranda or Rob Solls, UCR Chainlinks Retail Advisors, 8080 Park Lane, Suite 800, Dallas, TX 75231; 214-252-1192/1133; Email: lmiranda@ucr.com; Web site: www.ucr.com. Groves – Crossroads Center, a 104,000 sq.ft. center located at the intersection of Twin City Highway and 53rd Street, has spaces available. Cotenants include Family Dollar, Big Lots, Radio Shack, Planet Fitness, Popeye’s, The Donut Stop and West End Hardware Co. Area demographics include a population of 94,160 within five miles earning $55,894 as the average household income. The average daily traffic count is 23,120 vehicles. For more information, contact Inna Gallagher, Malachite Group Ltd., 1955 West TC Jester Boulevard, Houston, TX 77008; 713-861-8111; Email: inna@malachitegroup.com. Haltom City – Haltom City Center, a 149,147 sq.ft. center located along Denton Highway, has spaces available. Cotenants include Kroger. Area retailers include Walgreens, Save-A-Lot, CVS, Big Lots and Dollar General. Area demographics include a population of 239,934 within five miles earning $61,319 as the average household income. For more information, contact Malachite Group Ltd., 1955 West TC Jester Boulevard, Houston, TX 77008; 713-861-8111, Fax 713861-8117; Web site: www.malachitegroup.com. Dealmakers Magazine | www.dealmakers.net
Got space? Find your missing tenant.
Over 6,000 retail chains are listed in the national edition Published by and for leasing agents, brokers and owners of retail real estate, TenantSearch tells you: • Who’s in charge of the tenant’s real estate for your market, and how to reach them • Where the chain is seeking new store locations, and its existing markets • What the retailer’s space, property type, demographic, co-tenancy and lease requirements are
www.tenantsearch.com | 1.800.732.5856 April 4, 2014 | Page 17
SPACE PLACE Texas (continued from page seventeen)
Fakhri, Dan Looney or Larry Harbour, Century 21 Judge Fite Commercial, 1140 Empire Central, Suite 520, Dallas, TX 75247; 214-395-4218/214-423-3094/214-4233078; Email: abbasfakhri@judgefite.com. North Richland Hills – Smithfield Summit, located at the intersection of Mid Cities Boulevard and Davis Boulevard, has spaces of 1,695 sq.ft., 2,140 sq.ft. and 5,535 sq.ft. available. Cotenants include Fitness 2000, Subway and The Corner Café. Area demographics include a population of 277,289 within five miles earning $73,255 as the average household income. Tyler – Olde English Village, located at the intersection of East Amhurst Street and South Broadway Avenue, has spaces from 1,170 sq.ft. to 19,500 sq.ft. available. Cotenants include RDA Pro Mart, Mattress HQ, Wok Box and Kapongo Market. Area demographics include a population of 103,813 within five miles earning $57,482 as the average household income. The average daily traffic count is 33,000 vehicles.
Texas
Virginia
For more information, contact Trent Gilley or Jordan Cluff, Woodcrest Capital, 3113 South University Drive, Ft. Worth, TX 76109; 817-927-0050 Ext. 33/13; Email: tgilley@woodcrestcapital.com; Web site: www.woodcrestcapital.com.
Arcola property, contact Mark Fontaine or Sam Chapman, Renaud Consulting, 8605 Westwood Center Drive, Suite 410, Vienna, VA 22182; 703-404-2346/571-7654435; Email: mfontaine@renaudconsulting.net; Web site: www.renaudconsulting.net. For more information regarding Central Park, contact John Marigliano or Brendan Clark, 703-404-2346/571-765-4426; Email: jmarigliano@renaudconsulting.net.
Virginia Arcola – A 1.1-acre pad site is available at the intersection of Evergreen Mills Road and Gum Spring Road. Area demographics include a population of 74,411 within five miles earning $150,608 as the average household income. The average daily traffic count is 12,000 vehicles. Fredericksburg – Central Park, a 29,890 sq.ft. center located along Carl D. Silver Parkway, has spaces of 2,300 sq.ft. and 3,783 sq.ft. available. Cotenants include AT&T, Star Nails and Total Wine & More. Area demographics include a population of 108,805 within five miles earning $81,537 as the average household income. The average daily traffic count is 26,000 vehicles. For more information regarding the
West Virginia Weirton – Kmart Plaza, a 171,000 sq.ft. center located along Three Springs Drive, has spaces of 1,252 sq.ft. and 3,500 sq.ft. available, along with a freestanding building up to 5,000 sq.ft. Area demographics include a population of 39,510 within five miles earning $45,102 as the average household income. For more information, contact Nassimi Realty, LLC, 370 Seventh Avenue, Suite 1600, New York, NY 10001; 212-643-8080, Fax 212-643-2626; Email: leasing@nassimirealty.com; Web site: www.nassimirealty.com. DM
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