Dealmakers Magazine | June 26, 2009 by The Dealmakers Magazine

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

Volume XXIV No. XXIV

June 26, 2009

Home-Related Chains Expand Nationwide Ace Hardware Corp. trades as Ace Hardware at 4,600 locations nationwide and internationally. The stores, offering lawn and garden, electrical and plumbing supplies, in addition to paint, tools, automotive and hardware items, occupy spaces of 10,000 sq.ft. to 15,000 sq.ft. in endcaps, freestanding locations and strip centers. Growth opportunities are sought nationwide during the coming 18 months. Typical leases run five years with options. A vanilla shell is required. Preferred demographics include a population of 10,000 within one mile earning $40,000 as the average household income. For more information, contact Business Development Department, Ace Hardware Corp., 2200 Kensington Court, Oakbrook, IL 60523; 630-990-6900; Web site: www.myace.com. Lampert Yards, Inc. trades as Lamperts at 35 locations throughout IA, MN, ND, SD and WI. The centers, offering building supplies and materials, including lumber, doors, windows, tile, cabinets, roofing, siding, electrical supplies and hardware, occupy spaces of 5,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. The company prefers to acquire existing sites or raw land. A land area of seven to 10 acres is required. For more information, contact Dan Fesler, Lampert Yards, Inc., 1850 Como Avenue, St. Paul, MN 55108; 651-695-3605, Fax 651-6953601; Email: dfesler@lampertyards.com; Web site: www.lampertyards.com.

Menard, Inc. trades as Menard’s at 200 locations throughout IA, IL, IN, MI, MN, MO, ND, NE, OH, SD, WI and WY. The home centers, featuring garage building, house design plans and post frame building designs, as well as offering countertops, doors, decks, roofing materials and trusses, occupy spaces of 250,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. Preferred cotenants include Meijer, Wal*Mart and Target. Preferred demographics include a population of 100,000 within 10 miles. Major competitors include Lowe’s Home Improvement, Home Depot and Sears Hardware. For more information, contact Jaime Radabaugh or Adam Ray, Menard, Inc., 5101 Menard Drive, Eau Claire, WI 54703; 715-8762224/2309, Fax 715-876-2743. Costello’s Ace Hardware operates 17 locations throughout NY. The home improvement centers occupy spaces of 10,000 sq.ft. to 30,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout Long Island, Queens, Staten Island and Westchester, NY during the coming 18 months, with representation by First Development Corp. Realty. For more information, contact Stuart Kramer, First Development Corp. Realty, 1328 Motor Parkway, Hauppauge, NY 11749; 631-2343200; Email: christine@fdcrealty.com. (continued on page eight)

This issue contains information on:

* Retailers operating 28,806 locations with plans to open 1,737 sites * Real estate valued in excess of $22.17 million to be bought, sold & financed * Leasing activity on over 4.518 million sq.ft. of retail properties

Important News Please Expedite

Postmaster: Periodical

The Dealmakers cares about our environment

This package is recyclable where facilities accept

Featuring Pre-Show New England Idea Exchange New Construction NAI JL Davis Realty is preleasing a power center located in Williston, VT......... Pg. 3 Buyers & Sellers Massey Knakal Realty Services negotiated the sale of a mixed-use building in Jackson Heights, NY........................... Pg. 4 Food Retailers Expand Bobby’s Burger Palace is looking for sites throughout the Mid-Atlantic and Northeast............................... Pg. 5 In The News The Cafaro Co. hired Arthur E. Stevens III as a senior leasing representative........................ Pg. 5 Openings Publix will open two locations in Dothan, AL next year......... Pg. 6 Starbucks looks for Seattle’s Best Coffee sites nationwide Pg. 9 Exclusives National Commercial Brokers represents a number of retailers with their expansion throughout New England....... Pg. 7 Lease Signings NAI Capital negotiated a lease with Townhouse Restaurant & Wine Bar for space in Sherman Oaks, CA................ Pg. 12 Lead Sheet Walgreens looks for sites nationwide and throughout Puerto Rico............................ Pg. 13 Cabela’s plans to open locations nationwide............. Pg. 16 Space Place........................... Pg. 18

For more news go to: www.dealmakers.net

New Construction Nassimi Realty, LLC is developing a 300,000 sq.ft. shopping center located along Parkway Avenue in Ewing Township, NJ. Big-box, anchor and junior anchor spaces are available. Area draws include Trenton-Mercer Airport. Area demographics include a population of 304,046 within a 10-mile radius earning an average household income of $86,022. 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.

President/Publisher.............................. Ann O'Neal ann@dealmakers.net Vice President .................................. Alyson Parker alyson@dealmakers.net Art Director................................. Anthony Pingicer anthony@dealmakers.net Editor.................................................. Erin Dunkley erin@dealmakers.net Editor............................................ Nicholas Hamner nicks@dealmakers.net Editor............................................... Adam Taliercio adamt@dealmakers.net Director of Circulation..................... Jane Winterle jane@dealmakers.net Advertising Coordinator............ Stephani Hamner stephani@dealmakers.net Founder..................................................... Ted Kraus 1979–2007

The Dealmakers TM (ISSN 1055-0771) is published weekly except for the weeks of January 1st, July 4th, the ICSC's Spring and Fall Conventions and December 25th for $294 per year U.S., foreign $319 by TKO Real Estate Advisory Group Inc. PO Box 2630 Mercerville, NJ 08690-0630. 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 Dealmakers TM 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 086900630 or 100 Youngs Road, Mercerville, NJ 08619. Periodical postage paid at Trenton, NJ and at additional mailing offices. Affiliated with Tenant Search, E.S.P., Properties by Fax Copyright 2009 by TKO Real Estate Advisory Group Inc. 609-587-6200, fax 609-587-3511.

Cedarwood Development, Inc. is preleasing Easley Town Center, a power center located at the intersection of State Route 123/Calhoun Memorial Highway and Prince Perry Road in Easley, SC. Spaces from 4,453 sq.ft. to 64,247 sq.ft. are available along with outlots. Wal*Mart Supercenter anchors the center. Area retail includes Lowe’s Home Improvement, Belk, Kmart, Winn-Dixie, Home Depot, Iggles and Publix. Area demographics include a population of 204,000 within a 10-mile radius earning an average household income of $52,000. The average daily traffic count is 36,800 vehicles. The center is slated to open during the fall of 2010. The company is also preleasing The Falls at Prairie Star, a power center located at the intersection of New 99th Street, New Woodsonia Drive and Prairie Star Parkway in Lenexa, KS. Spaces from 15,640 sq.ft. to 171,069 sq.ft. are available along with outlots. Area demographics include a population of 378,000 within a 10-mile radius earning an average household income of $86,000. The company is also preleasing Butler Crossing, a power center located at the intersection of State Route 356/New Castle Road and Hindman Road in Butler Township, PA. Spaces from 2,500 sq.ft. to 68,377 sq.ft. are available. The center is adjacent to Butler Commons, anchored by Wal*Mart. Area retail includes Kmart, Jo-Ann Fabrics, Tractor Supply Co., Big Lots, Bi-Lo, Target, Aldi, Hallmark, Dollar General, Chili’s, Panera Bread, Blockbuster Video, Famous Footwear, Sheetz, Taco Bell, Giant Eagle, Lowe’s Home Improvement, RadioShack, Sam’s Club, Home Depot, Regal Cinemas, Staples and Red Lobster. Area demographics include a population of 80,000 within a 10-mile radius earning an average household income of $57,000. The average daily traffic count is 18,600 vehicles. Phased openings are slated to begin this summer and continue into the spring of 2010. The center is the first LEED-certified retail center in PA. For more information regarding major tenant leasing, contact Jodi Cross, Cedarwood Development, Inc., 1765 Merriman Road, Akron, OH 44313; 336-869-2268, Fax 330869-6365; Email: jcross@cedarwoodd.com; Web site: www.cedarwooddevelopment.com. For more information regarding small shop and outlot leasing at Easley Town Center or Butler Crossing, contact Todd M. Burton; 330863-9971; Email: tburton@cedarwoodd.com. For more information regarding small space and outlot leasing at The Falls at Prairie Star, contact Nick Tisone; 330-863-9971 Ext. 4270; Email: ntisone@cedarwoodd.com. www.dealmakers.net

The

Konover Development Corp. is preleasing The Ranson Shoppes, a 16,410 sq.ft. mixeduse center situated on 1.9 acres at the intersection of North Fairfax Boulevard and Joshua M. Freeman Boulevard in Ranson, WV. A 2,142 sq.ft. space is available along with a divisible 9,653 sq.ft. space. Five Guys Famous Burgers and Fries and Jerry’s Subs & Pizza anchor the center. Area retail includes Home Depot, Weiss, Kohl’s, Panera Bread, Dunkin’ Donuts, GameStop, California Tortilla, Quiznos, Petco and Famous Footwear. Area demographics include a population of 70,337 within a 10-mile radius earning an average household income of $64,589. The asking rent is $26 psf. The center is slated to open next month. For more information, contact Stan Glantz, Konover Development Corp., 135 South Road, Farmington, CT 06032; 860-284-7246, Fax 860-284-7746; Email: sglantz@konover.com; Web site: www.konover.com. NAI JL Davis Realty is preleasing Taft Corners Park, a 700,000 sq.ft. power center located along Interstate 89 in Williston, VT. Spaces of 3,500 sq.ft., 7,000 sq.ft., 24,000 sq.ft. and 26,700 sq.ft. are available. Home Depot, Wal*Mart, PetSmart and Toys “R” Us anchor the center. Area retail includes Maple Tree Place, featuring Best Buy, Staples, Marshalls and Shaw’s. Area demographics include a population of 66,750 within a fivemile radius earning an average household income of $77,457. The average daily traffic count is 22,500 vehicles. The center is slated to open during the fall. For more information, contact Jeff Nick, NAI JL Davis Realty, PO Box 220, Williston, VT 05495; 802-878-9000 ext. 230, Fax 802879-0553. KGI Properties, LLC is preleasing Gateway Commons, a mixed-use project being developed by Simon Konover Development Corp. at the intersection of Interstate 95 and Route 161/Flanders Road in East Lyme, CT. The project includes a 400-unit residential component and a 400,000 sq.ft. retail component. Area demographics include a population of 131,327 within a 10-mile radius earning an average household income of $63,579. The center is slated to open during the fall of 2011. For more information, contact Joseph E. Harnan, KGI Properties, LLC; 617226-0888 or 401-273-8600; Email: j.harnan@kgiproperties.com. Or Jay Fisher, Simon Konover Development Corp., 342 North Main Street, West Hartford, CT 06117; 860-570-2000 Ext. 139; Email: jfisher@simonkonover.com.

Dealmakers

(continued on page nine) June 26, 2009

page 3

Buyers and Sellers Upland Real Estate Group, Inc. is selling a Valvoline Instant Oil Change located on South Fourth Street in Danville, KY. The tenant is bound to a lease with 10 years remaining on the original lease term and a rent increase on the eleventh year. The average daily traffic count is 27,237 vehicles. The NOI is $40,022. The asking price is $421,292 with a Cap rate of 9.5%. The company is also selling a center located on Nicollet Avenue South in Minneapolis, MN. The center is 100% occupied and tenants include Family Dollar and O’Reilly Auto Parts. The NOI is $199,996. The asking price is $2.702 million with a Cap rate of 7.4%. The company is also selling a Super Lube located on Reeve Drive in Waunakee, WI. The tenant is bound to a 10-year lease featuring annual rent escalations of 2%. Trade-area demographics include a population earning $90,277 as the average household income. The NOI is $50,400. The asking price is $560,000 with a Cap rate of 9%. For more information regarding the Danville and Waunakee properties, contact Amanda Leathers, Upland Real Estate Group, Inc., 90 South 7th Street, Suite 3800, Minneapolis, MN 55402; 612-436-0045, Fax 612-376-4489; Email: amanda@upland.com; Web site: www.nnnsales.com. For more information regarding the Minneapolis property, contact Katie Serakos; 612-4658529; Email: katie@upland.com. IC Options is selling a 1.5-acre parcel located in Plymouth, MN. Area retail includes SuperTarget Center, Rainbow Foods, Lowe’s Home Improvement, Michaels, Lunds Foods, Cub Foods and Mann Cinema. Area demographics include a population of 90,000 within five miles earning $120,000 as the average household income. The average daily traffic count is 30,000 vehicles. The asking price is $595,000. For more information, contact J. Sylvester, IC Options, 17301 80th Place North, Minneapolis, MN 55311; 612-747-6710; Email: jsd@icoptions.com; Web site: www.icoptions.com. Sperry Van Ness/Lighthouse Commercial Realty negotiated the sale of a 11,047 sq.ft. former Ryan’s Steakhouse Restaurant situated on four acres on Summit Square Court in Winston-Salem, NC. The company represented the seller and Meridian Realty represented the buyer in the transaction. For more information, contact Jeffrey Mullis, Sperry Van Ness/Lighthouse Commercial Realty, 13900 Conlan Circle, Suite 110, Charlotte, NC 28277; 704759-3800, Fax 704-759-3801; Web site: www.svnlighthouse.com. page 4

June 26, 2009

The

Byrne Co. is selling Lindale Corners, a 19,504 sq.ft. center located on State Highway 69 in Lindale, TX. The center is occupied with tenants including Cato, Pizza Hut, Alltel Wireless, Check N Go and Sport Clips. Area retail includes Wal*Mart Supercenter and Lowe’s Home Improvement. The asking price is $3.65 million with a minimum equity requirement of $550,000. The company is also selling Cedar Hill Village, an 11,165 sq.ft. center located on State Highway 67 between Belt Line Road and FM 1382 in Cedar Hill, TX. The center is 91% occupied. Area retail includes JCPenney, 24 Hour Fitness and Cinemark Theatre. Area demographics include a population within three miles earning $91,000 as the average household income. The asking price is $1.803 million with a Cap rate of 8.5%. For more information, contact Sean M. Byrne, Byrne Co., 8525 Ferndale Road, Suite 100, Dallas, TX 75238; 214-343-6996; Email: sean@byrnecompany.com. Lee & Associates is selling a 40,000 sq.ft. freestanding building located within Murrieta Plaza, a 385,000 sq.ft. center located on Murrieta Hot Springs Road in Murrieta, CA. Sam’s Club anchors the center and tenants include Burlington Coat Factory, Lowe’s Home Improvement, Kohl’s, Home Depot, Ross Dress for Less, PetSmart and Toys “R” Us. The average daily traffic count is 45,000 vehicles. For more information, contact Mike Hanna or Andrew McLean, Lee & Associates, 25240 Hancock Avenue, Suite 100, Murrieta, CA 92562; 951-445-4503/4521; Emails: mhanna@lee-associates.com and amclean@lee-associates.com; Web site: www.lee-associates.com. ELP Real Estate, LLC, on behalf of a client, is looking to acquire centers located throughout AZ, NM and TX. Suitable properties are priced between $5 million and $30 million. For more information, contact Ramon Jaimes, ELP Real Estate, LLC, 11940 Don Haskins Avenue, Suite A, El Paso, TX 79936; 915-892-2114, Fax 915-921-6363; Email: ramon@elpcommercial.com; Web site: www.elpcommercial.com. Commercial Retail Advisors, LLC is selling a 4,736 sq.ft. strip center located in Tucson, AZ. The center is 100% occupied. For more information, contact Linda Montani, Commercial Retail Advisors, LLC, 2990 North Campbell Avenue, Suite 230, Tucson, AZ 85719; 520290-3200, Fax 520-751-7465; Email: lmontani@cradvisorsllc.com; Web site: www.cradvisorsllc.com.

Dealmakers

www.dealmakers.net

Massey Knakal Realty Services negotiated the $1.19 million sale of a 4,920 sq.ft. three-level mixed-use building located at the intersection of Northern Boulevard and 90th Street in Jackson Heights, NY. The company represented the buyer and the seller in the transaction. For more information, contact Swain Weiner, Massey Knakal Realty Services, 275 Madison Avenue, 3rd Floor, New York, NY 10016; 212-696-2500. Garrison Group, Inc. is selling a 1.64acre parcel located on South 6th Street in Springfield, IL. Area retail includes Wal*Mart Supercenter, Golden Corral, McDonald’s, Arby’s, Starbucks and Taco Bell. The average daily traffic count is 27,600 vehicles. For more information, contact Todd P. Smith, Garrison Group, Inc., 1999 Wabash Avenue, Springfield, IL 62704; 217-2410202; Email: todd@garrisongroupinc.com. Cornerstone Property Advisors, LLC, on behalf of a client, is looking to acquire grocery-anchored shopping centers located throughout the Southeast. Suitable properties are located in suburban and rural areas and feature value-add potential and asking prices between $2 million and $8 million with Cap rates above 10%. For more information, contact Louis H. Asbury IV, Cornerstone Property Advisors, LLC, 2333 Randolph Road, Suite 135, Charlotte, NC 28207; 704358-9910, Fax 704-358-9981; Email: lasbury@cornerstonepropertyadvisors.com; Web site: www.cornerstonepropertyadvisors.com. Daly Seven, Inc., on behalf of a client, is looking to acquire shopping centers located throughout NC. Suitable properties are anchored by Harris Teeter or Lowes Foods. For more information, contact Allen Phipps, Daly Seven, Inc., 1005 Bullard Court, Suite 101, Raleigh, NC 27615; 919-872-3507; Email: allen.phipps@dalyseven.com. Smith Attaway Co., LLC is selling a 16,450 sq.ft. Fred’s Discount Superstore located in Hephzibah, GA. The tenant is bound to a 10year lease featuring three, five-year options with rent increases at each option. The asking price is $1.252 million. For more information, contact Brian Hess or Sean Molloy, Smith Attaway Co., LLC, 3455 Peachtree Road Northeast, Suite 566, Atlanta, GA 30326; 404-9956700 Ext. 6704, Fax 678-669-2412; Emails: brian.hess@smithattaway.com and sean.molloy@smithattaway.com; Web site: D M www.smithattaway.com.

Real Estate Professionals Making the News

Food Retailers Expand Nationwide Cheeburger Cheeburger Restaurants, Inc. trades as Cheeburger Cheeburger at 70 locations throughout AL, AR, AZ, CA, CO, CT, FL, LA, MD, MI, MO, NJ, NV, NY, PA, SC, TN, TX and VA. The restaurants occupy spaces of 2,200 sq.ft. to 2,600 sq.ft. in lifestyle, mixed-use, power, specialty and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. A vanilla shell and specific improvements are required. Preferred cotenants include Panera Bread, Pei Wei Asian Diner, Target and upscale grocery stores. Preferred demographics include a population of 100,000 within five miles. Major competitors include Five Guys Famous Burgers and Fries, Red Robin and Johnny Rocket’s. The company is franchising. For more information, contact Mike Santel, Cheeburger Cheeburger Restaurants, Inc., 7364 West Rancho Drive, Glendale, AZ 85303; 623-846-4713, Fax 623-849-2309; Email: msantel@cheeburger.com; Web site: www.cheeburger.com. White Castle System, Inc. trades as White Castle at 400 locations throughout IL, IN, KY, MI, MN, MO, NJ, NY, OH, TN and WI. The fast-food restaurants occupy spaces of 1,500 sq.ft. to 2,500 sq.ft. in freestanding locations and outlots. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 10 years with six, five-year options. Preferred cotenants include Home Depot, Lowe’s Home Improvement, Target and Wal*Mart. Preferred demographics include a population of 30,000 within two miles earning $50,000 as the average household income. Major competitors include Burger King, Krystal and McDonald’s. A land area of 20,000 sq.ft. to 40,000 sq.ft. is required for freestanding locations. For more information, contact Rob Albert, White Castle System, Inc., 555 West Goodale Street, Columbus, OH 43215; 614-228-5781, Fax 614-559-2560. Jamba Juice operates 640 locations nationwide. The shops occupy spaces of 1,200 sq.ft. in endcaps, pad sites, shopping centers and streetfronts. Growth opportunities are sought throughout the San Francisco Bay area in CA during the coming 18 months, with representation by Retail West, Inc. The company prefers locations with an outside patio area. For more information, contact Thad Logan, Retail West, Inc., 1105 Battery Street, San Francisco, CA 94111; 415-292-2684, Fax 415775-1858; Email: tlogan@retailwestinc.com; Web site: www.retailwestinc.com.

Erik’s DeliCafe Franchises, Inc. operates 27 locations throughout CA. The restaurants, offering sandwiches, soups, salads and bakery items, occupy spaces of 1,800 sq.ft. to 2,400 sq.ft. in freestanding locations and entertainment, power, specialty and strip centers, in addition to urban/downtown areas. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run 10 years with two, five-year options. Specific improvements are required. Preferred cotenants include Macy’s, Nordstrom’s and Starbucks. Preferred demographics include a population of 100,000 within five miles earning $60,000 to $100,000 as the average household income. Major competitors include Panera Bread, Togo’s and Quiznos. The company is franchising. For more information, contact Tony Bendana, Erik’s DeliCafe Franchises, Inc., 365 Coral Street, Santa Cruz, CA 95060; 831-458-1818, Fax 831-458-9797; Web site: www.eriksdelicafe.com. Woody’s Bar-B-Q, Inc. trades as Woody’s Bar-B-Q at 37 locations throughout FL, GA, NC, OH, PA, SC and TN. The restaurants occupy spaces of 2,700 sq.ft. to 4,000 sq.ft. in freestanding locations, strip centers and endcap spaces. Growth opportunities are sought nationwide during the coming 18 months. Typical leases run 10 years. The company prefers conversions and will consider a vanilla shell. For more information, contact Woody’s Bar-B-Q, Inc., 4745 Sutton Park Court, Suite 301, Jacksonville, FL 32224; 904992-0556, Fax 904-992-0551; Email: admin@woodysbarbq.com; Web site: www.woodys.com. Bobby’s Burger Palace operates three locations throughout NJ and NY. The fastcasual restaurants occupy spaces of 3,300 sq.ft. to 4,000 sq.ft. in freestanding locations, endcaps, regional malls and entertainment and power centers. Growth opportunities are sought throughout CT, MD, NJ, NY, PA, VA and Washington, DC during the coming 18 months, with representation by Northwest Atlantic Real Estate Services. Preferred cotenants include upscale restaurants, entertainment and lifestyle tenants. Preferred demographics include a population of 60,000 earning a median household income of $50,000. For more information, contact Jordan Cohn, Northwest Atlantic Real Estate Services, 711 Westchester Avenue, 2nd Floor, White Plains, NY 10604; 914-328-2222, Fax 914-3282121; Email: jordan@nwatlantic.com; Web D M site: www.bobbysburgerpalace.com. www.dealmakers.net

The

Baum Realty Group (312-275-3129) hired Ken Galvin as a member of the company’s tenant representation team. Prior to joining the company, Baum served as a vice president at Staubach Retail Services. The company is a retail brokerage firm providing real estate services to property owners and tenants. The Cafaro Co. (330-747-2661) hired Arthur E. Stevens III as a senior leasing representative. He will be responsible for the leasing of several of the company’s retail properties. Prior to joining the company, Stevens served as senior vice president of leasing for Poag & McEwen Lifestyle Centers, LLC. The company is a privately-held shopping center development firm that owns and oversees more than 30 million sq.ft. of commercial real estate throughout 11 states. Steadfast Cos. (949-852-0700) promoted Dean L. Curci to senior vice president of the commercial property division. Prior to the promotion, Curci’s responsibilities included acquisitions and dispositions, finance and capital structuring, business plan development and asset management. Prior to joining the company, Curci served as president of Cap Rate Properties, Inc. The company is a privatelyheld real estate investment and development firm that owns, develops and operates real estate nationwide and in Mexico. Deerwood Real Estate Capital, LLC (914980-0686) was recently formed by David Rosenberg and Abe Katz. The commercial mortgage brokerage will focus on debt and equity financing, mezzanine financing, construction and bridge loans and financing loan purchases. The company is seeking to hire 10 to 20 real estate professionals, including experienced originators and brokers. Prior to forming the company, Rosenberg served as head of Meridian Capital Group’s capital markets group, and Katz ran Meridian Capital Group’s NJ office. Weichert Commercial Brokerage, Inc. (973-898-8705) recently relaunched its asset recovery division, previously known as Metland Properties Group, Inc. The division will specialize in assisting lending institutions, financial service companies and other real estate organizations with distressed real estate properties and loans, providing services ranging from marketing and disposition to physical completion of projects. Illi Commercial Real Estate (818-501-2212) hired Eli Shtrum as vice president. He specializes in leasing, sales and acquisitions of investmentgrade property nationwide. Prior to joining the company, Shtrum served as head of sales and leasing activities for LS Realty Group. DM

Dealmakers

June 26, 2009

page 5

Who’s Opening and Where Apple, Inc. (408-996-1010) is looking to open a fourth Apple location in New York, NY as part of its plan to open 25 stores this year, including international locations in Paris, France; Italy and Germany. Possible locations for the New York opening include the Williamsburg area of Brooklyn and the financial district of lower Manhattan. Publix Super Markets, Inc. (863-688-1188) is slated to open two Publix supermarkets along Ross Creek Circle and Highway 84 in Dothan, AL. The Ross Creek Circle site is scheduled to open during May 2010 and the Highway 84 site is scheduled to open during July 2010. Art Van Furniture (586-939-0800) is scouting locations for bedding stores throughout Ingham, Kent, Livingston, Oakland and Wayne counties in MI. The company recently opened its flagship bedding store, a 5,000 sq.ft. location in Canton, earlier this month. The company currently operates 30 furniture stores throughout MI. DSW, Inc. (614-237-7100) plans to open 10 DSW locations during 2009, down from 41 openings during 2008.

Zumiez, Inc. (425-551-1500) will open 36 Zumiez locations this year, down from the company’s 58 openings during 2008. Additionally, the company is in talks to acquire Active Ride Shop, a 21-store chain that recently filed for Chapter 11 bankruptcy protection. The company currently operates 360 stores, selling board sport equipment, apparel and shoes, nationwide throughout 32 states. America’s Best Contacts & Eyeglasses, Inc. (770-822-3600) will open at least 40 America’s Best Contacts & Eyeglasses locations this year. The company recently opened a store at Midtown Plaza, a 300,000 sq.ft. center located along Ann Street in Montgomery, AL. The stores offer optical services, including eye exams, eyeglasses and contact lenses, at 200 locations nationwide throughout 25 states. hhgregg, Inc. (317-848-8710) will open a 39,000 sq.ft. hhgregg location in a former Circuit City space located in Evansville, IL during August, as part of a plan to open between 16 and 18 locations this year. The company currently operates 111 stores, selling appliances and consumer electronics, throughout nine states.

Kenneth Cole Productions, Inc. (212-265-1500) is planning to open 10 Kenneth Cole outlet stores this year. The company currently operates 54 outlet stores nationwide. The company is also testing a new concept with a smaller footprint for its full-line stores. The company currently operates seven of the concept stores, which feature improvements in product mix and store design, and looks to move more of its full-line stores to the model in the future. California Pizza Kitchen, Inc. (310-3425000) will open five California Pizza Kitchen restaurants nationwide during the remainder of fiscal year 2009. The company recently remodeled two existing locations in Boston and Natick, MA and opened a restaurant in Guadalajara, Mexico. The company announced that it will reduce its international openings from eight locations to five this year. Recreational Equipment, Inc. (253-395-3780) plans to open a 26,500 sq.ft. REI store at West Broad Village, located in Richmond, VA, during November. The store, selling outdoor sports apparel and equipment, will be the company’s third in the state having already opened stores in Bailey’s Crossroads and Fairfax, VA. (continued on page nine)

Choosing the Right Site is Crucial to Your Success Avoid Investing in Locations That Won’t Meet Your Revenue Expectations. It is imperative in today’s economy that you are right about your site location decisions. One bad site choice can cost you millions in lost revenue. Nielsen Claritas provides accurate answers to the following questions: • Where should I open new sites? • Which unproductive sites should I close? • Where are my best opportunities for expansion? With accurate demographics, robust technology and the largest partner network in the industry, our state-of-the-art solutions transform site location strategies into actionable plans for success.

page 6

June 26, 2009

The

Dealmakers

www.dealmakers.net

2009 Nielsen Claritas Update Demographics Now Available! Visit www.claritas.com/dealmakers for details or call (877) 707-2385.

s at ICSC’s RECon Booth #5000.

Exclusives and Leasing Assignments National Commercial Brokers, Inc. (781453-0360) represents the following retailers with their expansion plans: Staples, throughout CT, MA west of Route 495, RI and VT, seeking junior anchor spaces of 18,000 sq.ft.; Staples Copy & Print Center, throughout CT, MA west of Route 495 and RI, seeking endcap spaces of 3,500 sq.ft. to 4,000 sq.ft.; Panera Bread, throughout central and eastern CT, ME, MA, NH, RI and VT, seeking sites of 3,500 sq.ft. to 4,500 sq.ft.; Chipotle, throughout MA south of Route 90 and RI, seeking sites of 1,800 sq.ft. to 2,500 sq.ft. in urban areas, freestanding locations, endcap spaces and lifestyle centers; Isis Maternity, throughout regional markets of New England, seeking sites of 6,000 sq.ft.; T-Mobile, throughout New England, seeking endcap, inline and freestanding spaces of 1,200 sq.ft. to 2,500 sq.ft.; California Pizza Kitchen, throughout New England, utilizing spaces of 5,000 sq.ft. in freestanding and endcap restaurant locations in lifestyle centers; Cantina Laredo, throughout New England, seeking spaces of 7,000 sq.ft. to 8,000 sq.ft. in freestanding locations, urban areas and endcap spaces of lifestyle centers; Sugar Heaven, throughout New England, seeking spaces of 2,500 sq.ft. to 4,000 sq.ft. in regional malls, lifestyle centers and urban areas; Ted’s Montana Grill, throughout New England, seeking sites of 4,500 sq.ft. in endcap spaces in grocery-anchored and lifestyle centers; Floyd’s Barbershop, throughout New England, utilizing spaces of 1,400 sq.ft. to 1,800 sq.ft. in endcap and inline spaces and storefronts; Gordon Biersch, throughout New England, seeking spaces of 8,000 sq.ft. to 8,500 sq.ft. in endcaps, freestanding locations, lifestyle centers and urban areas, and Planet Fitness, throughout the Boston, MA metropolitan area, seeking sites of 15,000 sq.ft. to 20,000 sq.ft. Grubb & Ellis (410-625-4200) represents the following retailers with their expansion plans: Citibank, throughout the metropolitan areas of Baltimore, MD and Washington, DC, seeking sites of 3,000 sq.ft. to 4,000 sq.ft. in endcap spaces and freestanding locations; Apple Federal Credit Union, throughout Annandale, Hybla Valley, Reston and Springfield, VA, seeking spaces of 2,500 sq.ft. to 3,500 sq.ft. in inline and endcap spaces as well as pad sites; Party City, throughout MD, seeking sites of 10,000 sq.ft. to 14,000 sq.ft.; Game Crazy, throughout MD, northern VA and Washington, DC, utilizing spaces of 1,000 sq.ft. to 2,000 sq.ft. in community centers; Room & Board, throughout the Washington, DC metropolitan area, seeking spaces of 30,000 sq.ft. to 40,000 sq.ft.; Lane Bryant, throughout MD, northern

VA and Washington, DC, seeking spaces of 5,000 sq.ft. to 7,000 sq.ft. in fashionanchored lifestyle and power centers; Fashion Bug, throughout MD, northern VA and Washington, DC, seeking sites of 6,000 sq.ft. to 7,500 sq.ft. in multi-anchored strip centers, and Catherines, throughout MD, northern VA and Washington, DC, seeking spaces of 4,000 sq.ft. Colliers International (612-347-9332) represents Parasole Restaurant Holdings with their expansion plans throughout the Minneapolis and St. Paul, MN metropolitan area.

Katz & Associates (845-735-6666) represents Bruegger’s Bagels with the chain’s expansion plans throughout New York, NY. Investment Management Associates, Inc. (305-661-0110) represents Benihana Group with their expansion plans. The company is seeking sites of 7,000 sq.ft. nationwide and internationally in freestanding locations, downtown areas, regional malls and entertainment, power and specialty centers, and sites of 5,000 sq.ft. throughout AZ, CA, FL, IL, KS and TX in freestanding locations, downtown areas, regional malls and entertainment and specialty centers. DM

The best of both worlds! Urstadt Biddle Properties Inc. is the dominant grocery-anchored shopping center owner in the Westchester/Fairfield County markets. We currently have big box availabilities in:

NEW YORK

CONNECTICUT

THE DOCK SHOPPING CENTER Stratford

THE SHOPPES @ EASTCHESTER Scarsdale

16,000 SF Available

12,703 SF Anchor Space Available

269,000 SF Total GLA

70,000 SF Total GLA

Located near the new BJ’s Wholesale Club. Join Petco and Staples.

Food Emporium anchored center. High visibility on White Plains Road (Route 22).

UBP owns 43 properties containing over 3.8 million square feet. For leasing information, contact Linda Lacey x202. For acquisition information, contact Jim Aries x224.

321 Railroad Avenue • Greenwich, CT 06830 203-863-8200 • Fax: 203-861-6755 • www.ubproperties.com

UBA UBP

Listed

Visit us at C-160 L Street at RECon 2009!

CONNECTICUT

www.dealmakers.net

The

Dealmakers

THE DOCK SHOPPING CENTER Stratford

NEW YORK

June 26, 2009

page 7

THE SHOPPES @ EASTCHESTER Scarsdale

Home-Related Chains Expand Nationwide (continued from page one)

RTA Furniture Distributors, Inc. trades as Just Cabinets at 20 locations throughout DE, MD and PA. The stores, offering all-wood home furnishings and kitchen cabinetry, occupy spaces of 15,000 sq.ft. to 18,000 sq.ft. in freestanding locations and outlet, strip and value centers. Growth opportunities are sought throughout the existing markets, in addition to NJ, during the coming 18 months. Preferred cotenants include Target and T.J. Maxx. Preferred demographics include a population of 10,000 within one mile earning $50,000 as the average household income. Major competitors include Oak Express. For more information, contact Ted Bernstein, RTA Furniture Distributors, Inc., 5500 Linglestown Road, Harrisburg, PA 17112; 717-540-5500, Fax 717-540-5948; Email: tedbernstein@justcabinets.com; Web site: www.justcabinets.com. El Dorado Furniture Corp. trades as El Dorado Furniture at 11 locations throughout Broward, Dade and Palm Beach counties in FL. The stores, offering bedroom, living and dining room, home office and childrenâ&#x20AC;&#x2122;s furniture, in addition to mattresses, bar stools, rugs, screens and dividers and fireplaces, occupy spaces of 100,000 sq.ft. in freestanding locations and specialty and strip centers. Growth opportunities are sought throughout the central and western coast areas of FL during the coming 18 months. Preferred demographics include a population of 300,000 within five miles earning $50,000 as the average household income. The company prefers to acquire sites. For more information, contact Pedro Capo, El Dorado Furniture Corp., 4200 Northwest 167th Street, Miami, FL 33054; 305-624-9700, Fax 305-624-5379; Email: pedro@eldoradofurniture.com; Web site: www.eldoradofurniture.com. Mattress Discounters Group, LLC trades as Mattress Discounters at 140 locations throughout DE, MD, northern and Richmond, VA and Washington, DC. The stores, offering mattress and bedding accessories, occupy spaces of 2,000 sq.ft. to 5,000 sq.ft. in freestanding locations, lifestyle and strip centers and pad sites. 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 50,000 within three miles earning $50,000 as the average household income. For more information, contact Jon Studner, Mattress Discounters Group, LLC, 6230 Arlington Boulevard, Falls Church, VA 22044; 703-962-1651 Ext. 101; Email: jstudner@mattressdiscounters.com; Web site: www.mattressdiscounters.com. DM page 8

June 26, 2009

The

Dealmakers

www.dealmakers.net

Who’s Opening and Where (continued from page six)

Smashburger Master, LLC (303-633-1500), through franchisee Reload, LLC, will open 10 Smashburger locations throughout the Lincoln and Omaha, NE metropolitan areas during the next several years. The openings will bring the chain’s count of franchise burger restaurants to 187. The company recently negotiated a franchise deal for 16 locations throughout central IA in addition to franchising locations in MO, NJ, NM, OK, SD and UT. For 2009, the company plans to open between 30 and 60 locations as part of a plan to eventually operate 500 units nationwide. The company currently operates 14 restaurants, with 10 in CO, two in KS and one each in MN and TX. Whole Foods Market, Inc. (512-477-4455) plans to open 66 Whole Foods Market natural food supermarkets during the next several years. The company recently opened a 56,000 sq.ft. location in Annapolis, MD and a location in the Cambie Village neighborhood of Vancouver, British Columbia, Canada. The company currently operates 278 locations nationwide as well as in the UK and Canada. Big Lots, Inc. (4-278-6800) opened eight locations during the first quarter of its fiscal year as part of a plan to open 45 locations this year. The company recently opened a new concept store in a former Linens ‘N Things site in Columbus, OH. The store, located across from a center featuring tenants including Saks, Macy’s, Brooks Brothers and Victoria’s Secret, features edgier presentations, better lighting, wider aisles and other tweaks as part of an attempt to redefine the brand.

New Construction

Bloomingdale’s, Inc. (513-579-7000) will open a Bloomingdale’s anchor location in a former Macy’s site at Santa Monica Place, a 550,000 sq.ft. three-level mall currently under renovation located in Santa Monica, CA. Nordstrom, Inc. (206-628-2111) will also open a Nordstrom anchor location at the mall. Both stores are slated to open with the center on August, 2010. Nordstrom recently announced that it was cancelling plans to open an anchor location at CityNorth, a mixed-use project located in Phoenix, AZ. Starbucks Corp. (206-447-1575), through franchisees, is looking to open Seattle’s Best Coffee locations nationwide. The stores offer coffee that is milder in taste and less expensive than that found at the company’s Starbucks locations along with other beverages at 550 locations nationwide. The company also trades as Starbucks at 16,000 companyowned and franchise locations nationwide and internationally. Adde Enterprises, Inc. (213-291-8528) is looking to open Adylon Diamonds & Bridal Jewelry stores throughout the Los Angeles, CA metropolitan area during the next several years. The company, an Internet-based jewelry retailer, recently opened its first brick-and-mortar location in Burbank, CA. Jack in the Box, Inc. (858-571-2121) will open a 2,489 sq.ft. Qdoba Mexican Grill location at Jenkintown Pavilion, located along Old York Road in Jenkintown, PA, later this summer. The tenant joins Applebee’s, Pet Value, Acme and Subway. The company currently operates 11 of the fastcasual Mexican restaurants throughout the Philadelphia, PA metropolitan area and plans to open seven additional units. The company currently operates 100 corporate locations and 500 franchised locations nationwide.

Wal*Mart Stores, Inc. (479-273-4000) has delayed the opening of an Elgin, IL Wal*Mart Supercenter. The store, subject to numerous delays stemming from traffic planning and exterior design issues, was originally scheduled to open during the first half of this year but will now open no later than the second half of 2010. The company is also remodeling locations, with changes including lower shelves, wider aisles and department reconfigurations along with rebranding using the company’s new logo, including stores in Huntington Beach and Rancho Cucamonga, CA.

Montres Journe SA (CH: +41 22 322 0909) plans to open an 800 sq.ft. flagship F.P. Journe location along Madison Avenue between 63rd Street and 64th Street in New York, NY. The company currently operates locations, selling luxury Swiss watches and chronometers, in Boca Raton, FL; Tokyo, Japan; Hong Kong; Paris, France and Geneva, Switzerland, and is slated to open a store in Beijing, China during the fall.

IHOP Corp. (818-240-6055), through a franchisee, plans to open an International House of Pancakes restaurant at DC USA, a 540,000 sq.ft. center located in the Columbia Heights area of Washington, DC. The tenant will join Target, Best Buy, RadioShack and Quiznos.

Goodberry’s Creamery, Inc. (919-878-8870) will open a Goodberry’s Frozen Custard location at Cameron Village, a center located in Raleigh, NC. The opening will be the company’s 10th in the Raleigh-Durham area of NC and 11th overall. The stores offer freshly-made frozen custard. DM www.dealmakers.net

The

(continued from page three)

WRS Realty is preleasing Shoppes at Raeford, a 197,012 sq.ft. center located at the intersection of U.S. Highway 401 and Club Pond Road in Raeford, NC. Space is available. Wal*Mart Supercenter anchors the center. The center is slated to open during June 2010. The company is also preleasing Shoppes at Oxford, a 185,000 sq.ft. center located at the intersection of Highway 15 and Interstate 85 North in Oxford, NC. Spaces from 1,400 sq.ft. to 4,000 sq.ft. are available along with an outlot. Wal*Mart Supercenter anchors the center and cotenants include Shoe Show, Dollar Tree, Andy’s Cheeseburgers and Verizon Wireless. The center is slated to open during October 2010. The company is also preleasing Villages at Redbridge, a 195,000 sq.ft. center located along Highway 24/27 in Locust, NC. Spaces from 1,200 sq.ft. to 8,500 sq.ft. are available along with two outlots. Wal*Mart Supercenter anchors the center. The center is slated to open during the spring of 2010. For more information regarding the Raeford property, contact Melissa Letson, WRS Realty, 1415 Stuart Engals Boulevard, Mt. Pleasant, SC 29464; 843-654-7862, Fax 843654-7889; Email: mletson@wrsrealty.com; Web site: www.wrsrealty.com. For more information regarding the Oxford property, contact Reed Brownell; 843-654-7870; Email: rbrownell@wrsrealty.com. For more information regarding the Locust property, contact Steve Howe; 843-654-7888; Email: D showe@wrsrealty.com. M

Submit your projects for free! www.dealmakers.net/ FreePublicity.aspx

Dealmakers

June 26, 2009

page 9

visit us at the new england idea exchange boston, ma | july 8–9, 2009 representing over 3 million square feet of properties leasing * tenant rep * investment sales east haven shopping center east haven, connecticut

75 north frontage road • 187,000 Sq. Ft. Shopping Center • Units 2,000 to 15,000 Sq. Ft. • Direct access from Exit 51 off I-95 and Boston Post Road (Route 1) • Join Home Depot, Autozone, Wendy’s, Gelvani Liquors (opening soon) and many more • Available Now!

copaco shopping center bloomfield, connecticut

450,000 square foot center is expanding cottage grove road (route 218) • Join Lowe’s, Stop & Shop, Burlington Coat, IHOP, Dollar Tree, McDonald’s, CVS Pharmacy, Eblens and many more • 15,000 Square Foot Expansion of Power Center • 1 Outparcel Remaining for Lease and 3,000 to 6,000 Sq. Ft. available for lease

land — route 3 rocky hill, connecticut

1.3 acres for lease or build to suit • Great location for financial institution, restaurant, fast food, retailer, hotel • Signalized intersection • 23,000 vehicles per day • Zoned commercial; gas, water, sewer available • Great visibility; strong demos; surrounded by office/distributors; access to Exit 23, I-91

phone: (860) 529-9000

fax: (860) 563-9667 www.newenglandretail.com

visit us at the new england idea exchange boston, ma | july 8–9, 2009 representing over 3 million square feet of properties leasing * tenant rep * investment sales the shoppes at cedar street newington, connecticut

proposed retail development 751 russell road at cedar street • Hotel, Retail Pads and Retail Strip Center Proposed Development • Five Mile Radius Population: 261,982 people • 40,000 SF of Potential Retail, Retail Pads & More

tolland turnpike manchester, connecticut

ground lease or build to suit 1046 tolland turnpike • Approved pad site for 4,000 sq ft building with drive through • Ideal for a bank, restaurant, or retail • Join BJ’s Wholesale Club, Randy’s Wooster Street Pizza, Manchester Wine & Liquors • Highly visible location

gateway shopping plaza manchester, connecticut

deming street (buckland hills area) exit 63 off interstate 84 • 2,000 - 7,000 Square Feet Available in a 51,472 Square Foot Retail Strip Center • Join Applebees, Panera Bread, Walgreens, FedEx Kinkos, Aspen Dental and more • Prime location in major retail corridor — neighbors include Buckland Hills Mall, DSW, AC Moore, Raymour & Flanigan & more

phone: (860) 529-9000

fax: (860) 563-9667 www.newenglandretail.com

Lease Signings Investment Management Associates, Inc. (305-661-0110) negotiated a lease with Latin Café Express for 1,400 sq.ft. at Chapel Trail Plaza, located at the intersection of Pines Boulevard and 184th Avenue in Pembroke Pines, FL. The tenant joins LA Fitness, McDonald’s and WaMu. The company also negotiated a lease with Pembroke Hair Design, Inc. for a 1,200 sq.ft. Milly’s Hair, Nail and Spa at Miramar Crossings, a 30,000 sq.ft. center located at the intersection of Miramar Parkway and Red Road in Miramar, FL. The tenant joins IHOP, Subway, Allstate, T-Mobile, L&L Market Bistro, Save On Cleaners and Massimo’s. The company also negotiated a lease renewal with 3-2-1 Dollar Store, LLC, for 2,062 sq.ft. at Quail Heights Plaza, a 100,000 sq.ft. center located at the intersection of Quail Roost Drive/Southwest 186th Street and 117th Avenue in Miami, FL. The company also negotiated a lease with Kids Playhouse Corp. for 2,345 sq.ft. at Johnson Square, a 52,000 sq.ft. center located at the intersection of Johnson Street and North 30th Road in Hollywood, FL. The tenant joins Bravo Supermarket. The company also negotiated a lease extension with Southeast Fitness, Inc. for a 2,350 sq.ft. Busy Body at Biscayne Plaza, located at the intersection of Biscayne Boulevard and Northeast 144th Street in North Miami Beach, FL. The company also negotiated a lease with Smoothie King for a 432 sq.ft. kiosk at CityPlace, located on South Rosemary Avenue in West Palm Beach, FL. The company represented the tenant in the transaction. The company also negotiated a lease with L&M Smoothie, LLC for a 1,200 sq.ft. Tropical Smoothie Café at Crosstown Shoppes, a 16,000 sq.ft. center located at the intersection of Red Road and Miramar Parkway in Miramar, FL. The tenant joins International Bank of Miami, Extreme Pizza, Livette Bridals, DG’s Beauty Supply, Don Tango and Mr. Pollo. Grubb & Ellis|BRE Commercial (858-5465400) negotiated a five-year lease with Cups Creative Cupcakes for 2,550 sq.ft. on Girard Avenue in San Diego, CA. The company represented the tenant and the landlord, 4th Church of Christ Scientist San Diego, in the transaction. The company also negotiated a five-year lease with Mr. Chick for 1,234 sq.ft. on Clairemont Mesa Boulevard in San Diego, CA. The company represented the landlord, North Island FCU, in the transaction. Great American Brokerage, Inc. (516889-7200) negotiated a lease with Muscle Maker Grill for space at The Marketplace at Edgewater, located on River Road in Edgewater, NJ. The company represented the tenant in the transaction. page 12

June 26, 2009

The

Dealmakers

www.dealmakers.net

NAI Capital (818-905-2400) negotiated a lease with Townhouse Restaurant & Wine Bar for 7,000 sq.ft. at Sherman Oaks Galleria, a mixed-use center located on Ventura Boulevard in Sherman Oaks, CA. Mid-America Real Estate – Wisconsin, LLC (414-273-4600) negotiated leases with Sonic Drive-In for 1.13 acres on East Moreland Boulevard in Waukesha, WI; for a 39,000 sq.ft. parcel at Woodman’s Center, located on South Howell Avenue in Oak Creek, WI and for a 40,000 sq.ft. parcel on Highway KK in Appleton, WI. The company represented the tenant in the transactions. The company also negotiated a lease with Juan Joseph Salon for 2,378 sq.ft. at Elmbrook Plaza, located at the intersection of 124th Street and North Avenue in Brookfield, WI. The company represented the landlord, Elmbrook Plaza Brookfield, LLC, in the transaction. The company also negotiated a lease with Image Salon, LLC for 1,854 sq.ft. at V. Richards Plaza, located on West Bluemound Road in Brookfield, WI. The company represented the landlord, Inland Commercial Property Management, in the transaction. The company also negotiated a lease with Hallmark for 4,000 sq.ft. at Oshkosh Center II, located in Oshkosh, WI. The company represented the landlord, Marlin Oshkosh II, LLC, in the transaction. The company also negotiated a lease with M, a Gift and Home Décor Emporium for 2,300 sq.ft. at Deer Trace, located on Highway 28 in Sheboygan, WI. The company represented the landlord, Inland Commercial Property Management, in the transaction. The company also negotiated a lease with Noodles & Co. for 2,624 sq.ft. at Pier 37, located in Monona, WI. The company represented the landlord, Monona Retail, LLC, in the transaction. Michael Salove Co. (215-568-2600) negotiated a lease with Qdoba Mexican Grill for 2,489 sq.ft. at Jenkintown Pavilion, located in Jenkintown, PA. The tenant joins Applebee’s, Pet Valu, Acme and Subway and is scheduled to open this summer. The company represented the tenant in the transaction. Lakritz-Weber & Co. (248-353-9494) negotiated a lease with Highland House for a 2,000 sq.ft. restaurant at Village Lakes Shopping Center, located at the intersection of Highland Road and Elizabeth Lake Road in White Lake, MI. The company represented the landlord, GKMS, LLC, in the transaction. The tenant joins JCPenney, Marshalls and D M Famous Footwear.

Visit us online at www.dealmakers.net

Lead Sheet Lover’s Lane & Co. dba Lover’s Lane Michael Allmond 46750 Port Street Plymouth, MI 48170 734-414-0010, Fax 734-414-0020 Email: mike@loverslane.com Web site: www.loverslane.com

Apparel The 29-unit chain operates locations throughout IL, IN and MI. The stores, offering intimate lingerie and romantic gifts, occupy spaces of 2,400 sq.ft. to 3,600 sq.ft. in strip centers with GLAs between 12,000 sq.ft. and 20,000 sq.ft. Plans call for two to three openings throughout the existing markets during the coming 18 months. Typical leases run five years. Major competitors include Victoria’s Secret and Fredericks of Hollywood.

Convenient Food Mart Development Corp. dba Convenient Food Mart Greg Desantis 3642 Jacob Street Wheeling, WV 26003 304-232-3060 Ext. 20, Fax 304-233-4686 Email: gdesantis@convenient.com Web site: www.convenient.com

Convenience The 25-unit chain operates locations throughout OH, PA and WV. The convenience stores, featuring gasoline facilities, occupy spaces of 3,500 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout southeastern OH and WV during the coming 18 months. Typical leases run 10 years with two, five-year options.

Kwik Shop, Inc. dba Kwik Shop Ed Soper PO Box 1927 Hutchinson, KS 67501 620-669-8504, Fax 620-694-1820

Convenience The 140-unit chain operates locations throughout IA, KS and NE. The convenience stores occupy spaces of 4,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. A land area of 60,000 sq.ft. is required.

Johnny Quik Food Stores, Inc. dba Johnny Quik Food Stores Ernie Beal 96 Shaw Avenue, Suite 240 Clovis, CA 93612 559-297-6830, Fax 559-297-7519

Convenience The 18-unit chain operates locations throughout CA. The convenience stores occupy spaces of 3,400 sq.ft. in freestanding locations. Growth opportunities are sought throughout Fresno, CA during the coming 18 months. Preferred demographics include a population of 25,000 within two miles earning $50,000 as the average household income.

Valero Energy Corp. dba Valero, Diamond Shamrock, Shamrock, Ultramar and Beacon Doug Miller PO Box 696000 San Antonio, TX 78269-6000 210-592-2000, Fax 210-345-2313

Convenience The 1,000-unit chain operates locations throughout the Southwest. The convenience stores, with gasoline facilities, occupy spaces of 5,000 sq.ft. in freestanding locations and pad sites. Growth opportunities are sought throughout AZ, CA, CO, NM and TX during the coming 18 months. A land area of 50,000 sq.ft. to 70,000 sq.ft. is required. The company prefers to acquire sites.

Walgreens Co. dba Walgreens Jerry Rubin 106 Wilmot Road Deerfield, IL 60015 847-315-4680 Web site: www.walgreens.com

Drug Store The 6,700-unit chain operates locations nationwide and in Puerto Rico. The drug stores occupy spaces of 13,000 sq.ft. to 14,000 sq.ft. in freestanding locations, endcaps and urban/ downtown areas. Growth opportunities are sought throughout the existing markets during the coming 18 months.

www.dealmakers.net

The

Dealmakers

June 26, 2009

page 13

Lead Sheet Play N Trade Jeff Kalil c/o The Rotella Group, Inc. 3300 North Federal Highway, Suite 200 Ft. Lauderdale, FL 33306 954-568-9015, Fax 954-568-9597 Email: jeff@rotellagroup.com

Electronics The 250-unit chain operates locations nationwide and internationally. The stores, offering new and used video games, accessories and consoles, occupy spaces of 1,200 sq.ft. to 1,500 sq.ft. in entertainment, lifestyle, power, specialty and strip centers. Growth opportunities are sought throughout southeastern FL during the coming 18 months, with representation by The Rotella Group, Inc. Preferred cotenants include Target and Wal*Mart.

Carmike Cinemas, Inc. dba Carmike Cinemas Fred Van Noy 1301 First Avenue Columbus, GA 31901-2109 706-576-3400, Fax 706-576-3880

Entertainment The 306-unit chain operates locations nationwide. The movie theaters occupy spaces of 30,000 sq.ft. in freestanding locations and malls. Plans call for four to six openings throughout the existing market during the coming 18 months. Typical leases run 15 years. A land area of six to 10 acres is required for freestanding locations. Preferred demographics include a population of 75,000 within five miles earning $35,000 as the average household income.

Cobb Theatres Jeremy Welman 2000-B Southbridge Parkway, Suite 100 Birmingham, AL 35209 205-802-1110 Ext. 112, Fax 205-802-7771 Email: jwelman@cobbtheatres.com

Entertainment The 14-unit chain operates locations throughout AL and Lakeland, Miami-Dade and Winter Haven, FL. The theaters occupy spaces of 25,000 sq.ft. to 85,000 sq.ft. in lifestyle, mixed-use and power centers. Growth opportunities are sought throughout AL, FL, GA, NC, SC and VA during the coming 18 months. The company prefers to locate in affluent markets.

Malco Theatres Michael Lightman c/o Michael Lightman Realty Co. 5100 Poplar Avenue Memphis, TN 38137 901-767-5240, Fax 901-767-5241 Email: michael@lightmanrealty.com Web site: www.malco.com

Entertainment The 34-unit chain operates locations throughout AR, KY, MO, MS and TN. The movie theaters occupy spaces of 22,000 sq.ft. to 55,000 sq.ft. in freestanding locations and regional malls. Growth opportunities are sought throughout the existing markets during the coming 18 months. Preferred demographics include a population of 50,000 within five miles.

Edward Jones Neil Denenberg c/o Denenberg Realty Advisors 230 Commercial Street Boston, MA 02109 617-720-5656, Fax 617-720-5676 Email: neil@denenbergrealty.com Web sites: www.edwardjones.com and www.denenbergra.com

Finance The 10,800-unit chain operates locations nationwide and internationally. The investment firms occupy spaces of 700 sq.ft. to 1,200 sq.ft. in endcaps and power and strip centers. Plans call for four to six openings throughout MA during the coming 18 months, with representation by Denenberg Realty Advisors.

Goldâ&#x20AC;&#x2122;s Gym International, Inc. dba Goldâ&#x20AC;&#x2122;s Gym Jaime Weaver 125 East John Carpenter Freeway, Suite 1300 Irving, TX 75062 Web site: www.goldsgym.com

Fitness The 620-unit chain operates locations nationwide and internationally. The health and workout centers occupy spaces of 8,000 sq.ft. to 40,000 sq.ft. in freestanding locations, downtown areas and power and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Expansion is franchise-driven.

page 14

June 26, 2009

The

Dealmakers

www.dealmakers.net

Lead Sheet Powerhouse Gyms International dba Powerhouse Gyms Jim Pulman 24385 Halsted Road Farmington Hills, MI 48335 248-476-2888, Fax 248-476-4732 Web site: www.powerhousegym.com

Fitness The 315-unit operates locations nationwide and internationally. The fitness centers occupy spaces of 6,000 sq.ft. to 20,000 sq.ft. in malls, freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months.

Music & Arts Center, Inc. dba Music & Arts Center Shawn Womer 4626 Wedgewood Boulevard Frederick, MD 21703 301-620-4040, Fax 301-620-2567 Web site: www.musicarts.com

Music The 100-unit chain operates locations nationwide. The stores, offering musical instruments and lessons, occupy spaces of 2,500 sq.ft. to 3,500 sq.ft. in power and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run five to 10 years with options. A vanilla shell and specific improvements are required. Preferred cotenants include grocery stores. Preferred demographics include a population of 100,000 within five miles earning $50,000 as the average household income.

Cohenâ&#x20AC;&#x2122;s Fashion Optical Susan Goldberg 516-465-6995, Fax 516-390-2230

Optical The 120-unit chain operates locations throughout CT, FL, MA, NH, NJ, NY and PA. The optical shops occupy spaces of 1,000 sq.ft. in regional malls and urban/downtown areas. Growth opportunities are sought throughout the existing markets during the coming 18 months.

Petco Leslie Collins c/o Cobblestone Retail Group, Inc. 1507 Johnson Ferry Road Marietta, GA 30062 770-977-6539 Ext. 302, Fax 770-977-3626 Email: leslie@cobblestoneretail.com

Pet Supplies The 850-unit chain operates locations nationwide. The pet supply stores occupy spaces of 13,500 sq.ft. in freestanding locations and power and strip centers. Growth opportunities are sought throughout GA during the coming 18 months, with representation by Cobblestone Retail Group, Inc.

Cartridge World 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

Specialty The 600-unit chain operates locations nationwide. The stores, offering printer cartridges and supplies, occupy spaces of 1,200 sq.ft. in lifestyle, power and strip centers. Plans call for 10 openings throughout the Atlanta, GA metropolitan area during the coming 18 months, with representation by Richard Bowers & Co. Typical leases run five years with five-year options. A vanilla shell and specific improvements are required. Preferred cotenants include Kroger, Publix and Target. Preferred demographics include a population of 30,000 within three miles earning $60,000 as the average household income. Major competitors include OfficeMax, Office Depot and Staples. The company is franchising.

Opportunities For Learning Charter School Peter Ruiz c/o The Legaspi Co. 1611 Paramount Boulevard Montebello, CA 90640 323-728-8455 Email: pruiz@thelegaspi.com Web site: www.thelegaspi.com

Specialty The 35-unit chain operates locations throughout CA. The charter schools occupy spaces of 3,500 sq.ft. in urban areas. Growth opportunities are sought throughout Anaheim, Bellflower, Canoga Park, Canyon Country, Chatsworth, Downey, East Lancaster, Little Rock, east and south Los Angeles, Lynwood, Mission Viejo, Mojave, Montebello, North Hollywood, Paramount, Ridgecrest, Santa Ana, Simi Valley, South Gate, Stockton, Sun Valley, West Compton and Woodland Hills, CA during the coming 18 months. A tenant improvement allowance is required.

www.dealmakers.net

The

Dealmakers

June 26, 2009

page 15

Lead Sheet Premiere Tan Chris Birdsong 2941C Zelda Road Montgomery, AL 36106 334-271-5757 Ext. 205, Fax 334-271-5702

Specialty The 17-unit chain operates locations throughout AL. The tanning salons occupy spaces of 2,800 sq.ft. to 4,000 sq.ft. in strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run five years. Preferred cotenants include Target, T.J. Maxx and grocery stores. Preferred demographics include a population of 50,000 within five miles earning $50,000 as the average household income.

Rural King Supply Gary Melvin 4216 Dewitt Avenue Mattoon, IL 61938 217-235-7101, Fax 217-234-7115 Web site: www.ruralking.com

Specialty The 42-unit chain operates locations throughout IL, IN, KY, MI, OH and TN. The stores, offering livestock feed, farm equipment, agricultural parts, lawn mowers, workwear, housewares and toys, occupy spaces of 60,000 sq.ft. to 80,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout IL, IN, KY, OH and TN during the coming 18 months. Typical leases run 10 years with three, five-year options. The company prefers to acquire sites.

Cabela’s, Inc. dba Cabela’s Mark Nienehueser 1 Cabela Drive Sidney, NE 69160 308-255-2225, Fax 308-254-7626 Web site: www.cabelas.com

Sporting Goods The 29-unit chain operates locations throughout AZ, CT, ID, KS, LA, MI, MN, MO, MT, NE, NV, PA, SD, TX, UT, WA and WV. The sporting goods stores, offering hunting, fishing and outdoor gear, occupy spaces of 80,000 sq.ft. to 100,000 sq.ft. in freestanding locations. Growth opportunities are sought nationwide during the coming 18 months.

Nebraska Sporting Goods Roger Brachen PO Box 509 Fremont, NE 68026 402-721-6040, Fax 402-721-4647

Sporting Goods The seven-unit chain operates locations throughout NE. The stores occupy spaces of 3,000 sq.ft. to 5,000 sq.ft. in freestanding locations and malls. Growth opportunities are sought throughout NE and KS during the coming 18 months. Typical leases run three to five years.

Costco Wholesale Steve McArthur c/o Northwest Atlantic 500 North State College, Suite 1080 Orange, CA 92868 714-978-5020, Fax 714-978-5021 Email: smcarthur@northwestatlantic.com Web site: www.northwestatlantic.com

Wholesale Club The 555-unit chain operates locations nationwide and internationally. The stores, offering bulk general merchandise at wholesale discounts, occupy spaces of 150,000 sq.ft. in freestanding locations, malls, power centers and urban/downtown areas. Growth opportunities are sought throughout central and western Los Angeles, CA during the coming 18 months, with representation by Northwest Atlantic. Preferred demographics include a population of 200,000 within five miles earning $75,000 as the average household income. Major competitors include Sam’s Club and BJ’s Wholesale Club. A land area of 15 to 16 acres is required for freestanding locations.

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 16

June 26, 2009

The

Dealmakers

www.dealmakers.net

Make deals here, make deals anywhere…

New York, New York

Highlight your presence at the

ICSC New York National Conference

December 7–9, 2009

The December 11th issue, distributed at the New York National Conference in New York, NY, delivers your advertising message to the real decision makers. Our readers respond and our advertisers get results. SET THE STAGE Book appointments in advance by placing your ad in The Dealmakers November 27th pre-show issue, telling everyone you’re ready to make deals!

Place your ad in the Pre-Show, Show and Post-Show issues and at no extra cost, receive: • Placement on THE DEALMAKERS “A” LIST

MAKE A STATEMENT Your ad will be hand-delivered to every attendee’s hotel room and The Dealmakers December 11th show issue gets exposure on the show floor! FOLLOW UP In addition to powerhouse companies that read The Dealmakers every week, the December 18th post-show issue is mailed to attendees — giving you added exposure! Sizes Full Page 2/3 Page 1/2 Page 1/3 Page 1/4 Page Rates $1,495 $1,040 $800 $550 $475 * Prices are for black and white. Contact us for color pricing.

1/8 Page $310

• 55,000+ decision makers will be emailed • 500,000+ real estate pros view your ad at www.dealmakers.net

Call

1-800-732-5856 Fax 609-587-3511 Alyson Parker

R LE

FOR

LEAS

FOR LEASE

Space Place California

Florida

Georgia

Moreno Valley – Sunnymead, a 39,000 sq.ft. strip center, has space available. Jack in the Box anchors the center. The average daily traffic count is 18,000 vehicles. For details, contact Debbie Hanna, Remax, 104 East Olive Avenue, Suite 103, Redlands, CA 92373; 909-528-2512; Email: realestate@debbiehanna.com.

Miami – Palm Plaza, a 92,421 sq.ft. a strip center, has spaces available of 993 sq.ft.; 3,450 sq.ft. and 4,120 sq.ft. Navarro Discount Pharmacy anchors the center. For details, contact Mindy McIlroy, Terranova Corp., 801 Arthur Godfrey Road, Suite 600, Miami Beach, FL 33140; 305-6958700; Email: mmcilroy@terranovacorp.com.

Florida

Georgia

earning $89,000 as the average household income. The average daily traffic count is 11,000 vehicles. For details, contact Corinna Ragsdale, The Sembler Co., 1450 South Johnson Ferry Road, Atlanta, GA 30319; 404847-1800, Fax 404-847-1818; Email: corinna.ragsdale@sembler.com; Web site: www.sembler.com.

East Ft. Myers – Riverdale Shopping Center, a 75,581 sq.ft. center located at the intersection of Palm Beach Boulevard and Buckingham Road, has spaces available of 1,200 sq.ft.; 4,000 sq.ft. and 35,200 sq.ft. Family Dollar anchors the center. Area demographics include a population of 21,299 within five miles earning $43,022 as the median household income. The asking rent ranges from $10 psf to $14 psf with CAM of $2.75 psf. Naples – 2nd Avenue Shops, a 5,507 sq.ft. center located at the intersection of 2nd Avenue North and 10th Avenue North, has a 1,250 sq.ft. space available. The asking rent is $16 psf with CAM of $3.34 psf. Also, Patriot Square Plaza, a 24,700 sq.ft. center located at the intersection of Tamiami Trail East and Lakewood Boulevard, has spaces available of 1,000 sq.ft.; 1,360 sq.ft. and 1,440 sq.ft. Cotenants include Curves. The asking rent ranges from $10 psf to $16 psf with CAM of $4.15 psf. North Ft. Myers – Foxmoor Shopping Center, a 50,294 sq.ft. center located at the intersection of Bayshore Road and Hart Road, has a 710 sq.ft. space available. Sweetbay Supermarket, Beall’s Outlet and Family Dollar anchor the center. Area demographics include a population of 110,242 within five miles earning $32,366 as the median household income. The asking rent ranges from $12 psf to $14 psf with CAM of $3.75 psf. South Ft. Myers – San Carlos Plaza, a 76,408 sq.ft. center located at the intersection of Tamiami Trail South and Sanibel Boulevard, has spaces available of 2,338 sq.ft.; 2,554 sq.ft. and 10,800 sq.ft. Beall’s and Ace Hardware anchor the center. Cotenants include Beef O’Brady’s, Twisty Treat and Dairy Queen. Area demographics include a population of 52,476 within five miles earning $51,412 as the median household income. The average daily traffic count is 37,000 vehicles. The asking rent ranges from $12.50 psf to $15 psf with CAM of $3.36 psf. For details, contact Dennis Claussen, The Richden Co., 1410 West Irving Park Road, Suite 1F, Chicago, IL 60613; 773-871-4737, Fax 773-871-3118; Email: richden@richden.com; Web site: www.richden.com.

Atlanta – Dunwoody Place, a 103,000 sq.ft. center located at the intersection of Roswell Road and Dunwoody Place, has spaces available of 1,050 sq.ft.; 1,076 sq.ft.; 2,905 sq.ft. and 6,650 sq.ft. along with two spaces of 1,400 sq.ft. and an expandable 672 sq.ft. outparcel. Publix anchors the center and cotenants include Papa John’s, Starbucks, GNC, Royal Tailor, Rowell Tanning, Euro Salon, Queen Bebe Beauty, Shampooch, Famous Hair, Wingstop, Pakmail, Quiznos, Mediterranean Grill, Money Market, Circle T Sushi, Burger House, New Lotus and MetroPCS. Area demographics include a population of 205,821 within five miles earning $110,219 as the average household income. The average daily traffic count is 54,660 vehicles. Dallas – Merchants Square, a 107,060 sq.ft. center located on Route 6/ Merchants Drive, has spaces available of 1,200 sq.ft. and 8,640 sq.ft. along with a one-acre outlot. Ingles anchors the center and cotenants include Family Dollar, Big Lots, Cato Fashions, 1st Franklin Financial and Hallmark Finance. Area retail includes Wendy’s and Captain D’s Seafood. Area demographics include a population of 63,493 within five miles earning $62,610 as the average household income. For details, contact David Baz, Solar Realty Management, 57 West 38th Street, 2nd Floor, New York, NY 10018; 212-633-9985 Ext. 207; Email: dbaz@solarrealtymanagement.com.

page 18

June 26, 2009

The

Cumming – Cumming Town Center, a 324,000 sq.ft. power center located at the intersection of Marketplace Boulevard and Buford Dam Road, has spaces available of 1,400 sq.ft.; 2,325 sq.ft. and 7,200 sq.ft. Best Buy, Dick’s Sporting Goods, T.J. Maxx, HomeGoods, Old Navy, Off Broadway Shoes, Ulta, Petco, Staples and Ashley Furniture anchor the center. Cotenants include Five Guys Famous Burgers and Fries, Hobbytown USA, Subway, Edible Arrangements, Planet Tan, Famous Hair, Massage Envy, El Pollo Loco and America’s Mattress. Area demographics include a population of 111,200 within seven miles

Dealmakers

www.dealmakers.net

Suwanee – Shoppes at Suwanee, a 40,000 sq.ft. strip center located at the intersection of Peachtree Industrial Boulevard and McGinnis Ferry Road, has spaces available from 1,200 sq.ft. to 8,500 sq.ft. Cotenants include Walgreens and Bank of America occupying outparcels. Area demographics include a population of 298,816 within seven miles earning $103,159 as the average household income. The average daily traffic count is 56,840 vehicles. For details, contact Ron Ficzko, Wheeler/Kolb Management Co., 3525 Mall Boulevard, Suite 5-AA, Duluth, GA 30096; 770-476-4801, Fax 770-497-8811; Email: ron@wheelerkolb.com; Web site: www.wheelerkolb.com.

Illinois Elmhurst – A mixed-use building situated on a land area of 10,000 sq.ft. at the intersection of Route 64/North Avenue and York Street, has a 2,525 sq.ft. space available. Caribou Coffee and Great Clips anchor the center. Area retail includes Panera Bread, CVS, Hollywood Video and Quiznos. Area demographics include a population of 100,000 within 10 miles. The asking rent is $25 psf with CAM of $2.50 psf and taxes of $3.25 psf. For details, contact Jeff Budgell, Real Properties Real Estate, LLC, 275 North York Street, Elmhurst, IL 60126; 630617-5990, Fax 630-617-5992; Email: jbudgell@realpropertiesre.com. Geneva – Dodson Place, a 100,000 sq.ft. downtown center located at the intersection of Third Street and South Street, has spaces available from 1,086 sq.ft. to 18,400 sq.ft. Egg Harbor Café, Caribou Coffee and Wildwood Steakhouse anchor the center. Cotenants include Bank of America and Galena Cellars. Area demographics include a population of 109,181 within five miles earning $97,075 as the average household income. The average daily traffic count is 9,100 vehicles. The asking rent ranges from $20 psf to $28 psf with CAM ranging from $5 psf to $8.30 psf. St. Charles – Tri-City Center, a 92,683

Space Place

R LE

FOR

LEAS

FOR LEASE

Illinois

Massachusetts

sq.ft. strip center located at the intersection of Randall Road and Route 38, has spaces available from 1,145 sq.ft. to 8,200 sq.ft. along with a 0.92-acre outlot and two outlots of one acre. Dominicks and Great Western Flooring anchor the center. Cotenants include CosmoProf, Weight Watchers, Taco Bell, Blockbuster Video, Citibank and Mid America Bank. Area retail includes Meijer, Lowe’s Home Improvement, Jewel-Osco and Randall Commons. Area demographics include a population of 104,619 within five miles earning $111,045 as the average household income. The average daily traffic count is 46,000 vehicles. The asking rent ranges from $16 psf to $18 psf with CAM of $5.65 psf. Also, Randall Commons, a 15,000 sq.ft. strip center located at the intersection of Randall Road and Route 38, has spaces available from 1,064 sq.ft. to 3,064 sq.ft. Dominicks and Great Western Flooring shadow-anchor the center. Cotenants include U.S. Cellular, The UPS Store, Scottrade and Focus Salon. Area retail includes Meijer, Lowe’s Home Improvement and Jewel-Osco. Area demographics include a population of 103,933 within five miles earning $110,966 as the average household income. The average daily traffic count is 27,400 vehicles. The asking rent ranges from $29 psf to $32 psf with CAM of $9.45 psf. Also, Fox Island Square, a 30,000 sq.ft. urban center located at the intersection of South 1st Street and Illinois Street, has spaces available from 1,000 sq.ft. to 2,681 sq.ft. Sage Bistro, The Wine Exchange and Bull & Bear Cigar anchor the center. Cotenants include Gramps Frozen Custard and The Bike Shop of St. Charles. Area demographics include a population of 103,658 within five miles earning $108,306 as the average household income. The asking rent is $14 psf with CAM of $7.60 psf. For details, contact Bryan Woldman, Shodeen Management, 89 First Street, Geneva, IL 60134; 630-232-7883; Email: bryan_woldman@shodeen.com; Web site: www.shodeenmanagement.com.

has spaces available of 900 sq.ft.; 2,800 sq.ft. and 3,800 sq.ft. Sophia Med Spa anchors the center. Area demographics include a population of 127,215 within five miles earning $75,508 as the median household income. The average daily traffic count is 60,000 vehicles. Also, Venture West Plaza, a center situated on five acres, has an 8,900 sq.ft. space available. Cotenants include AT&T Mobility, Legal Seafood, Great Cuts, Jos. A. Bank and Elizabeth Grady. Area demographics include a population of 133,839 within five miles earning $51,694 as

the median household income. The average daily traffic count is 65,000 vehicles. Also, a 3,200 sq.ft. freestanding building situated on a land area of 30,000 sq.ft. at the intersection of Waverly Street and Hollis Street is available. Area demographics include a population of 123,957 within five miles earning $74,613 as the median household income. The average daily traffic count is 30,000 vehicles. Northboro – Northboro, MA Plaza, a 14,000 sq.ft. strip center situated on a land area of 15 acres on Davis Street, has (continued on page twenty)

DRIVE TRAFFIC TO YOUR BOOTH AND MAKE APPOINTMENTS HIGHLIGHT YOUR PRESENCE AT THE NEXT ICSC SHOW BY SENDING OUT AN EBLAST What is a Dealmakers E-Blast?

The Dealmakers E-Blast is an e-mail sent to over 55,000 opt-in subscribers promoting your company, properties, acquisition or site selection criteria, etc.

What makes a Dealmakers E-Blast different? • Unlike other companies, there are no templates. Each blast is designed specifically for your company. • You can supply your own blast, keeping it consistent with your other marketing materials. • Most blasts can be turned around within 48 hours. And best of all… • You decide when to send it. You’re not put into a queue with no idea when it has been sent.

Massachusetts Framingham – Trolley Square, a 50,000 sq.ft. center located on Edgell Road, has a 4,500 sq.ft. space available. U.S. Postal Service anchors the center. Area demographics include a population of 125,107 within five miles earning $74,717 as the median household income. The average daily traffic count is 60,000 vehicles. Also, 630 Worcester Road Plaza, a 6,550 sq.ft. specialty center located on Worcester Road,

www.eblast.net | 1.800.732.5856 www.dealmakers.net

The

Dealmakers

June 26, 2009

page 19

R LE

FOR

LEAS

FOR LEASE

Space Place Massachusetts

(continued from page nineteen)

spaces available of 1,400 sq.ft.; 2,800 sq.ft. and 8,200 sq.ft. along with a 10-acre outlot. Area demographics include a population of 71,755 within five miles earning $86,931 as the median household income. For details, contact Marlene Aron, Metrowest Commercial Real Estate, 206 Turnpike Road, Southborough, MA 01772; 508-370-0003, Fax 508-303-0030; Email: ma@metrowestcre.com; Web site: www.metrowestcre.com.

Maryland Hagerstown – North Village Shopping Center, a 68,710 sq.ft. center located at the intersection of Longmeadow Road and Route 11/Pennsylvania Avenue, has spaces available from 600 sq.ft. to 3,200 sq.ft. CVS, Dollar General and AutoZone anchor the center. Cotenants include Washington Liquors, Abundant Garden, Muller Deli, Meadowbrook, Quiznos, Home School, Topps Buffet and Hagerstown Trust. Area demographics include a population of 67,730 within five miles earning $57,507 as the average household income. For details, contact Joe Flood, Renaud Consulting, 8000 Towers Crescent Drive, 12th Floor, Vienna, VA 22182; 703853-2201, Fax 703-404-9448; Email: jflood@renaudconsulting.net; Web site: www.renaudconsulting.net.

Missouri St. Louis – Market at McKnight, a 124,980 sq.ft. strip center located at the intersection of Manchester Road and McKnight Road, has spaces available of 1,700 sq.ft. and 24,980 sq.ft. Area demographics include a population of 92,502 within three miles earning $113,021 as the average household income. The average daily traffic count is 28,571 vehicles. The asking rent is $20 psf with CAM of $1.65 psf and taxes of $4.80 psf. For details, contact Jennifer Heilweck, Novus Cos., 20 Allen Avenue, Suite 400, Webster Groves, MO 63119; 314-968-0842, Fax 314-963-0241; Email: jheilweck@novusdev.com; Web site: www.novusdev.com.

New Hampshire Franklin – A center located on Route 3 has a freestanding 15,000 sq.ft. pad site situated on 1.8 acres available. Hannaford anchors the center and cotenants include Monro Muffler/ Brake & Service. Area retail includes Dairy page 20

June 26, 2009

The

New Hampshire

New York

Queen, McDonald’s, Pizza Hut, Subway and Dollar Tree. Area demographics include a population of 44,868 within 10 miles earning $57,964 as the average household income. For details, contact Stan Glantz, Konover Development Corp., 135 South Road, Farmington, CT 06032; 860-284-7246, Fax 860-284-7746; Email: sglantz@konover.com; Web site: www.konover.com.

Donuts, CVS, WaMu, Citibank and Subway. Queens Village – A 4,500 sq.ft. freestanding former Blockbuster Video located on Hillside Avenue is available. Area demographics include a population of 3.71 million within 10 miles earning $54,647 as the median household income. For details, contact Steve Gillman, Northwest Atlantic Real Estate Services; 914328-2222; Email: steve@nwatlantic.com.

New Jersey Kendall Park – Town Place Shopping Center, an 87,575 sq.ft. strip center located on Route 27, has a 4,500 sq.ft. space available along with two spaces of 2,500 sq.ft. CVS and Party Fair anchor the center. Cotenants include Sleepy’s, Hudson City Savings Bank, Quiznos, Cold Stone Creamery, Benjamin Moore, Fitness 19 and Rockn’ Joe Coffeehouse & Bistro. Area retail includes Little Caesar’s, Quick Chek, Auto Zone, RadioShack, Dunkin’ Donuts, Domino’s, KFC, Super Stop & Shop and The Children’s Place. Area demographics include a population of 98,228 within five miles earning $113,156 as the average household income. Pennsauken – Pennsauken Shopping Center, a 34,729 sq.ft. strip center situated on 4.01 acres at the intersection of Route 130 and Browning Road, has two spaces of 2,000 sq.ft. available along with a 2,882 sq.ft. outlot. Supremo Supermarket anchors the center and cotenants include Cricket Communications and Primo Hoagies. Area retail includes Dunkin’ Donuts, Subway, Burger King, McDonald’s, Family Dollar, RadioShack, Jackson Hewitt and Ace Hardware. Area demographics include a population of 463,042 within five miles earning $48,279 as the average household income. For details, contact Michael Damelio, Center Star Property Group, 27 Horseneck Road, Fairfield, NJ 07004; 973-5757935 Ext. 306, Fax 973-575-7273; Email: mdamelio@centerstargroup.com; Web site: www.centerstargroup.com.

New York Bayshore – A 33,567 sq.ft. parcel located on Sunrise Highway is available. Area retail includes South Shore Mall, PC Richard & Son and Pep Boys. Area demographics include a population of 270,902 within five miles earning $72,884 as the median household income. The average daily traffic count is 102,000 vehicles. Franklin Square – A divisible 2.3-acre parcel located on Franklin Avenue is available for ground lease or build-to-suit. Area retail includes Pathmark, Capital One Bank, McDonald’s, Dunkin’

Dealmakers

www.dealmakers.net

Croton on Hudson – A center situated on a land area of 31,000 sq.ft. on South Riverside Avenue has an 11,600 sq.ft. space available. Area demographics include a population of 109,997 within seven miles earning $140,849 as the average household income. The average daily traffic count is 18,000 vehicles. The asking rent is $12 psf NNN with annual taxes of $68,000. Mamaroneck – A 20,000 sq.ft. center located on Route 1/East Boston Post Road has a 1,300 sq.ft. space available. Cotenants include Applebee’s, Beach Bum Tanning and JW Tumbles. Area demographics include a population of 216,112 within five miles earning $150,600 as the average household income. The average daily traffic count is 19,000 vehicles. The asking monthly rent is $5,000. Mount Vernon – A center located on Sandford Boulevard has a divisible endcap space of 3,601 sq.ft. available. Area retail includes Staples, Best Buy, Stop & Shop, Subway, CVS, Target, Bed Bath & Beyond, T.J. Maxx and Petco. Area demographics include a population of 380,481 within three miles earning $62,652 as the average household income. The average daily traffic count is 15,000 vehicles. Yonkers – A 5,000 sq.ft. storefront featuring a full basement located on South Broadway is available. Area retail includes Tom Thumb, Apollon Coffee Shop, Silvios Restaurant, Sprint, Kennedy Fried Chicken, MetroPCS, Lila’s Beauty Salon, Rochelle’s Boutique, La Perla Jewelry & Gifts, Nail Plus, Yonkers Electronics, Ricardo Barber/Deli, 99 Cent Dreams, Chase Bank, Hala Market, Ya Hala Restaurant, Cuba Café, Nancy Department Store, Family Dollar, Lu Dels Student Uniforms, Beauty Expression and Foodtown. Area demographics include a population of 95,029 within 1.5 miles earning $56,361 as the average household income. The asking monthly rent is $13,000. For details, contact Rick Stassa, NAI Friedland Realty, 656 Central Park Avenue, Yonkers, NY 10704; 914-9688500 Ext. 311, Fax 914-968-1810; Email: rickstassa@friedlandrealty.com; Web site: www.friedlandrealty.com. (continued on page twenty-two)

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

Test drive TenantSearch at

WWW.TENaNTSEaRch.cOm or Call 1.800.732.5856 for a co-pilot to walk you through a CD-Rom demo or to give you an online demo

Got space? Find your missing tenant.

Over 6,000 retail chains are listed in the national edition ORDER NOW!

QUESTIONS.... Email: ann@dealmakers.net or Call: 800-732-5856

Fax your order to: (609-587-3511)

Contact/Ship to: (Tenant Search is shipped via UPS ground at no charge)

Mail your order to: PO Box 2630 Mercerville, NJ 08690

Name __________________________________________________

National Edition (approx. 7,000 leads)

 $589 (CD-ROM)  $369 (Online)  $369 (Hardcopy)  $689 (Online & CD-ROM) Regional Edition (approx. 2,500 leads per region)

 West  Midstates  East  South  $379 (CD-ROM)  $289 (Online)  $289 (Hardcopy)  $479 (Online & CD-ROM) Online Access, please provide Email address: _____________________________ Password (minimum 4 characters, case-sensitive): __________________________

Company _______________________________________________ Street ___________________________________________________ City ____________________________________________________ Phone __________________________________________________ Credit Card

 Visa  Mastercard  American Express

Card #: _________________________________________________ Signature: _______________________________________________ Cardholder Name: _________________________________________

Available by regions (East, West, South, & Midstates) Available both on-line and on CD

Daily e-mail alerts Updated Daily

Downloadable Reports Accurate Information

R LE

FOR

LEAS

FOR LEASE

Space Place North Carolina

(continued from page twenty)

Durham – Glenn View Station, a 206,000 sq.ft. center located on Glenn School Road, has spaces available from 1,400 sq.ft. to 5,000 sq.ft. along with five outparcels. Wal*Mart Supercenter anchors the center and cotenants include Shoe Show, Dollar Tree, Andy’s Cheeseburgers, Rainbow, Sally Beauty Supply, GameStop, Fashion Avenue and King Chinese Buffet. For details, contact Reed Brownell, WRS Realty, 1415 Stuart Engals Boulevard, Mt. Pleasant, SC 29464; 843-654-7870, Fax 843654-7889; Email: rbrownell@wrsrealty.com; Web site: www.wrsrealty.com.

Ohio Cleveland – Bridgeport Place, a 13,200 sq.ft. center located at the intersection of Kinsman Road and East 72nd Street, has spaces available from 2,001 sq.ft. to 3,500 sq.ft. Cotenants include Strictly Dollar Store. For details, contact Joseph Jones, Burten, Bell, Carr Development, 7201 Kinsman Road, Cleveland, OH 44104;

Ohio

Pennsylvania

216-341-1455, Fax 216-341-2683; Email: jjones@bbcdevelopment.org; Web site: www.bbcdevelopment.org.

Corner Bakery and City Sports. Area retail includes Whole Foods Market, Bed Bath & Beyond and Old Navy. Area demographics include a population of 410,234 within five miles earning $82,541 as the average household income. For details, contact Steve Gartner, Metro Commercial Real Estate, 161 Washington Street, Suite 375, Conshohocken, PA 19428; 610-260-2665, Fax 610-825-5156; Email: sgartner@metrocommercial.com; Web site: www.metrocommercial.com.

Oregon Keizer – Baker Plaza, a strip center located at the intersection of River Road North and Chemawa Road North, has spaces available of 1,384 sq.ft.; 2,400 sq.ft. and 2,682 sq.ft. For details, contact Lorene McMurrin, SMI Commercial Real Estate, LLC, 3625 River Road North, Suite 250, Keizer, OR 97303; 503-390-6060, Fax 503-390-6868; Email: lorene@smicre.com; Web site: www.smicre.com.

Pennsylvania Ardmore – Suburban Square, a 360,000 sq.ft. mixed-use center located at the intersection of Montgomery Avenue and Anderson Avenue, has spaces available of 1,262 sq.ft. and 1,700 sq.ft. Macy’s anchors the center and cotenants include Apple, Trader Joe’s, Urban Outfitters, Banana Republic, Gap, J. Crew, Williams-Sonoma, Talbots, Coach,

Start your subscription to

Yes!

Texas Arlington – Cherry Creek Plaza, an 18,587 sq.ft. strip center situated on 2.119 acres at the intersection of Matlock Road and Turner Warnell Road, has spaces available of 1,245 sq.ft.; 2,370 sq.ft. and 6,001 sq.ft. Cotenants include Maid-Rite and Allstate Insurance. Area demographics include a population of 159,968 within five miles. For details, contact Gem Jones, Quantum Development, PO Box 182691, Arlington, TX 76096; 214-695-6279, Fax 866-414-8050; Email: quantum-dev@sbcglobal.net. DM

today!

Start my subscription right away to the only publication in the shopping center industry devoted exclusively to dealmaking in strip, power and specialty centers, as well as malls. I can use leads every week on retailers looking to lease space, buyers and sellers of retail properties, plus news on space for lease, retail chain acquisitions and mergers, who’s opening or closing stores, new retail concepts, shopping centers under construction and more.

Start my subscription immediately! Please charge my credit card or a check is enclosed

 $294 for one year

 $434 for two years  $187 for six months

Please circle appropriate card:

Mail my subscription to

Card #

Name _________________________________

_______________________________

Company ______________________________

Exp. Date _______________________________

Address _______________________________

Signature _______________________________

City ___________________________________ State _____________

What you’ve missed in the last 47 issues

• 2,300,000 locations of retailers with plans to open 150,000 sites • $27 billion to be bought, sold and financed • Leasing activity on over 600 million sq.ft. of retail poperty

Zip ________________

Phone __________________________________ Fax ____________________________________ Email __________________________________

Expedite your order by faxing the completed form to 609-587-3511 P.O. Box 2630 | Mercerville, NJ 08690 | 800-732-5856 or 609-587-6200 | Fax 609-587-3511 | www.dealmakers.net page 22

June 26, 2009

The

Dealmakers

www.dealmakers.net

visit us at the new england idea exchange boston, ma | july 8–9, 2009 representing over 3 million square feet of properties leasing * tenant rep * investment sales tractor supply plaza putnam, connecticut

32,000 square foot shopping center providence pike (route 44) • Join Tractor Supply • 1,500 − 13,000 Square Feet Remain • Can Be Divided • Neighbors include: Stop & Shop, Sears Essentials, Wal*Mart, CVS (2009) and more • Immediate occupancy

colonial plaza waterbury, connecticut

225,000 square foot shopping center thomaston avenue • Join Compare Foods, Dollar Dreams, Dunkin Donuts, Wendy’s, Crown Fried Chicken and more • Immediate occupancy • 832 - 34,512 Square Feet remain for lease; subdividable • Competitive rates

hadley corner hadley, massachusetts

russell street (route 9) hadley/amherst, massachusetts • Located on Route 9 (Russell Street) Retail Corridor. • 2,000 - 40,000 Sq. Ft. Units Available • Join Home Depot in this high traffic location • Neighbors include: Walmart, Barnes & Noble, Old Navy, Best Buy, Target, JC Penney and many more

phone: (860) 529-9000

fax: (860) 563-9667 www.newenglandretail.com

U n c o n v e n t i o n a l

W i s d o m :

Always Color Outside The Lines At DLC, we know opportunity is not found within rigid boundaries. We approach every project with creativity, innovation, foresight and vision to see beyond what is - to what can be. Outside the lines is where deals get done, complexity is made simple, and success is realized. Want a crayon?

Doers and Dealmakers

Corporate Headquarters: 580 White Plains Road, Tarrytown, NY 10591 97

shopping centers

states

16.5

1.866.DLC.MGMT

million square feet

VISIT US AT THE NEW ENGLAND I.E. BOOTH 111, 7/8 - 7/9/09