Reporting The Nation’s Weekly News on Retailing & Retail Real Estate Volume XXIX No. XXVI
July 18, 2014
FEATURING HOME-RELATED CHAINS EXPAND NATIONWIDE El Dorado Furniture Corp. trades as El Dorado Furniture at 12 locations throughout Dade, Palm Beach and Broward counties in FL. The furniture stores occupy spaces of up to 100,000 sq.ft. in freestanding locations, specialty and strip centers. Growth opportunities are sought throughout FL during the coming 18 months. For more information, contact Pedro Capo, El Dorado Furniture Corp., 4200 NW 167th Street, Miami. FL 33054; 305-624-9700, Fax 305-6245379; Email: pedro@eldoradofurniture.com; Web site: www.eldoradofurniture.com. Rommel Holdings, Inc. trades as Rommel’s Ace Hardware Home Center at 11 locations throughout DE, MD and VA. The home improvement stores occupy spaces of 9,000 sq.ft. to 12,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 10 years. A vanilla shell is required. Preferred cotenants include drug and grocery stores. Preferred demographics include a population of 30,000 within four miles earning $70,000 as the average household income. Major competitors include Home Depot and Lowe’s Home Improvement. For more information, contact Michael Cottingham, Rommel Holdings, Inc., PO Box 310, Fruitland, MD 21826; 410749-3600, Fax 410-749-3193; Email: mcottingham@rommelusa.com; Web site: www.rommelsace.com.
Tollefson’s Retail Group trades as Carpet Garage and Slumberland Furniture at 22 locations throughout MN, MT and ND. The company prefers to occupy spaces of 16,000 sq.ft. to 21,000 sq.ft. in freestanding locations. Growth opportunities are sought for Carpet Garage throughout the existing markets during the coming 18 months. Preferred demographics include a population of 35,000 within 15 miles. The company prefers to build its stores and requires a land area of at least 50,000 sq.ft. For more information, contact Roger Tollefson, Tollefson’s Retail Group, PO Box 698, Minot, ND, 58702; 701-852-5231, Fax 701-837-0177; Web site: www.carpetgarage.com. R.P. Lumber Co., Inc. trades as R.P. Lumber at 55 locations throughout IL and MO. The facilities, offering building materials and home improvement products, occupy freestanding building on land area of 1.5 acres and up. Growth opportunities are sought throughout the Midwestern region during the coming 18 months. The company prefers to acquire sites and will also consider locating in shopping center conversion spaces. For more information, contact Jason Plummer, R.P. Lumber Co., Inc., 514 East Vandalia Street, Edwardsville, IL 62025; 618-656-1514, Fax 618655-7988; Email: jason.plummer@rplumber.com; Web site: www.rplumber.com. (continued on page eight)
THIS ISSUE CONTAINS INFORMATION ON: • Retailers operating 44,874 locations with plans to open 2,654 sites • Real estate valued in excess of $136 million to be bought, sold & financed • Leasing activity on over 6.2 million sq.ft. of retail properties WS T NE RTAN PEDITE O P X IM SE E PLEA
Postmaster: Periodical
PRE-SHOW ICSC NEW ENGLAND IDEA EXCHANGE New Construction Ripco Real Estate preleasing mixed-use site in NY................... Pg. 4 Who’s Opening and Where At Home Furnishings entering AZ.............................................. Pg. 5 Food Chains Expand Juice It Up! to enter AR and FL
Pg. 6
Buyers and Sellers Cushman & Wakefield brokered the $24 million sale of a NH shopping center.......................... Pg. 7 Lead Sheet Goddard School plans 50 openings..................................... Pg. 9 Brain Balance Achievement Centers anticipates 40 new locations..................................... Pg. 10 UFC Gym aims to open 100 locations..................................... Pg. 11 Boot Barn plans 25 store openings..................................... Pg. 12 Lease Signings Divaris inks deal with lululemon Pg. 13 Tenant Reps and Exclusives Starboard TCN reps Fitness 19 in northern CA................................ Pg. 14 Sources of Financing SunTrust Bank funds Whole Foods anchored project.............. Pg. 14 Making the News SVN | Chicago taps investment sales talent.................................. Pg. 14 Space Place................................ Pg. 15
18+ Million Square Feet northeast MASSACHUSETTS Billerica Shops at Billerica Boston Rd. (Rte. 3A) & Tower Farm Rd. Kmart, Burlington Coat, Market Basket 275,000 SF GLA / Anchor Space Available Lowell Meadow Brook Center Plain Street & Lowell Connector Target, Marshalls, Chuck E. Cheese Pad Site Available 271,377 SF GLA
NEW YORK Cortland Future Development NEW Route 13 & Bennie Road 26 Acres across from Walmart Glenville/Scotia (Albany) Target Shopping Center Saratoga Rd. (Route 50) & Glenridge Rd. 174,000 SF GLA - In-Line Space Available Lake Ronkonkoma Lake Shore Plaza II Portion Rd. (Co. Rd. 16) & Patchogue-Holbrook Rd. Regal Cinemas, Dollar Tree - 94,826 sf GLA
Milford Kmart Shopping Center Medway St. & Beaver St. @ I-495 Kmart, Dollar Tree 140,470 SF GLA Future Expansion Space Available NEW JERSEY Marlton (Evesham) Tri-Towne Plaza Route 70 & Plymouth Dr. 176,519 SF GLA Anchor Space Available Redevelopment Underway Mt. Olive Vacant Land - 16.963 Acres Adjacent to Foreign Trade Zone Across from Walmart, Sam’s, TJ Maxx
Monroe/Woodbury Harriman Commons Routes 17 / 6 & Route 32 Walmart, Home Depot, BJ’s, Target 687,716SF GLA Future Phase III Office or Retail
Niles Golf Glen Mart (Outparcel) Golf Rd. & Dee Rd. Meijer - Up to 12,000 SF Outlot, B-T-S
Nanuet Home Depot Plaza Route 59 & Hutton Ave. Home Depot, Staples - 250,000 SF GLA
INDIANA Evansville Evansville Shopping Center Morgan Ave. & Boeke Rd. Rural King, Dollar General 153,000 SF GLA
Orangetown Orangeburg Commons Route 303 & Palisades Parkway Super Stop & Shop Future Strip, Pads Available
Indianapolis Pendleton Plaza Pendleton Pike & Shadeland Ave. Rose's Department Store - 134,797 SF GLA Anchor Space & Outlots Available
Stony Point Stony Ridge Plaza Route 9W & Park Rd. US Post Office - 21,212 SF GLA
Warsaw The Market Place at Warsaw U.S. Hwy. #30 & Water St. Carson's Dept. Store, Sears, Dunham's, Pier 1 180,000 SF GLA
Water Mill (Southampton) Water Mill Shoppes Montauk Hwy. (Rte. 27) & Station Rd. Prime for Specialty Foods & Boutiques
NEW
PENNSYLVANIA Allentown Home Depot Plaza Lehigh St. & Route 78 135,000 SF GLA / 9.82 Acres Available
Vineland Kmart Plaza Expansion S. Delsea Dr. (Route 47) & Route 55 Kmart, TD Bank Two Parcels: 4.302 & 4.486 Acres Williamstown Williamstown Shopping Center Black Horse Pike (Route 42) & Main St. CVS, Dollar General 85,000 SF GLA Anchor Space Available
midwest ILLINOIS Downers Grove Marshall’s at The Grove, 75th St. & Lemont Rd. 400,000 SF GLA Anchor Space Available 43,264 SF
NEW
Vineland Vineland Marketplace S. Delsea Dr. (Route 47) & College Dr. New Development Anchor Space / Outlots Available
Trexlertown Macungie Crossing Shopping Center Hamilton Blvd. (Route 222) & Grange Rd. Future Strip and Pads
Latham/Colonie (Albany) Freestanding Building Route 7 & Swatling Rd. 118,863 SF GLA Anchor & Outlot Available
Old Bridge A & P Shopping Center Route 9 & Ferry Rd. 77,360 SF GLA Parsippany Whole Foods Shopping Center Route 46 (Bloomfield Ave.) & Cherry Hill Rd. Whole Foods Anchor, In-Line & Pads Available
PENNSYLVANIA Quakertown NEW New Anchor Space at Richland Marketplace Rt. 309 & Pumping Station Road BJ’s Wholesale Club, Target, Best Buy 444,531 SF GLA
MICHIGAN Flint Former Kmart Dort Hwy.(Rte. 54) & Atherton Hwy. 92,691 SF GLA Grand Blanc Holly Rd. & I-75 Vacant Land / 22 Acres For Sale
Carlisle Home Depot Shopping Center Hanover Street (Route 34) & I-81 Home Depot, Chili’s - 140,715 SF GLA 10,584 SF Future Expansion/Pad
Livonia Office Depot Plaza Plymouth Rd. & Middlebelt Rd. Office Depot, Party City, Walgreens 108,820 SF GLA
Montgomeryville Five Points Plaza Cowpath / Horsham Rd. at Rte 309 & Rte 202 BJ's, Lowe's - Anchor Space Available 133,000 sf GLA
Muskegon Muskegon Shopping Center Henry St. & Norton Ave. 187,000 SF GLA Anchor Space Available
NEW
RDMANAGEMENT LLC
Vis us #6 Bos ICS
Thomas G. Mirandi 212-265-6600 Ext. 239 Email: tmirandi@rdmanagement.com Fax: 212-459-9133
sit at 614 ston SC
200+ Retail Projects MICHIGAN Port Huron Port Huron Shopping Center Howard St. & 24th St. Big Lots, Save-A-Lot, Family Dollar 118,000 SF GLA Anchor Space & Outlot Available
MINNESOTA St. Paul Midway Shopping Center University Ave. & Snelling Ave. Rainbow Foods, Office Max, Walgreens 280,353 SF GLA
KENTUCKY Ashland Russell Centre Route 23 & Diederich Blvd. Lowe’s, Super Kroger 272,000 SF GLA / In-line Space & Pad MARYLAND Hagerstown Long Meadow Shopping Center Potomac Ave. (Route 60) & Northern Ave. CVS, PA Dutch Market - 243,000 SF GLA Anchor Space/Pad Available
Columbus Great Western Commerce Center No. Wilson Rd. & Valleyview Dr. at Broad St. Great Western Academy, Restaurant Depot 300,254 SF GLA Mixed Use Commercial Space
Oregon (Toledo) Vacant Land – 4.645 Acres Dustin Rd. & Isaac Street Dr. 1 block So. of Navarre Ave. (Rte. 2) & Kmart
WEST VIRGINIA St. Albans St. Albans Center Route 60 & MacCorkle Ave. SW Kmart, Super Kroger, Goody’s, CVS 230,000 SF GLA
Sanford Seminole Centre S Orlando Dr. (Hwy. 17/92) & Lake Mary Blvd. Walmart Supercenter, Ross, Aldi 370,936 SF GLA
NEW
Holland (Toledo) Dick’s at Spring Meadows Place Airport Hwy. & I-475 Dick’s, Best Buy & Expansion Space
Gainesville Mixed Use Development Grocery Store & Student Housing NW 13th St & University Avenue 26,000 SF Ground Floor Retail 312,498 SF Mixed Use 6-Story Bldg
NEW
OHIO Ashtabula Home Depot Plaza Route 20 (N. Ridge Rd.) & Orchard Rd. 148,440 SF GLA 18,440 SF Expansion & Pad
NEW
VIRGINIA Winchester Freestanding Building S. Pleasant Valley Rd. & E. Jubal Early Dr. Anchor Space Available 88,479 SF GLA
NEW
Sandusky Kmart Shopping Center M-19 & Gates Rd. 176,248 SF GLA - Anchor Space Available Southgate Fort St. & Burns Ave. Vacant Land 9.37 Acres
FLORIDA Fern Park Future Shopping Center 26 Acre Jai Alai Redevelopment Site 6405 Hwy. 17/92 & Fernwood Blvd. Near Hwy. 436 - 153,650 SF GLA
NEW
Randallstown Brenbrook Plaza Liberty Rd. &Brenbrook Dr. Home Depot - 139,000 SF GLA TENNESSEE Hermitage (Nashville) Freestanding Bldg. adjacent to Jackson’s Courtyard Shopping Center 3445 Lebanon Pike 24,040 sf GLA - Redevelopment Opportunity
south ALABAMA Huntsville NEW Freestanding Walmart South Memorial Parkway & Drake Ave. SW 104,000 SF on 8.1 Acres FLORIDA Fern Park Fern Park Plaza Semoran Blvd. (Hwy. 436) & Hwy. 17/921 Ross, Beall's Outlet, Aldi, Deals 131,646 SF GLA
RDMANAGEMENT LLC
Nashville Marketplace at Rivergate Gallatin Pike (Hwy. 31-E) & Conference Dr. Trees N Trends, Ryan’s Buffet 111,460 SF GLA NEW
west ARIZONA Phoenix Freestanding Barnes & Noble 1035 N. Metro Pkwy. West & 28th Dr. Adjacent to Metro Center Mall 19,360 SF on 1.48 Acres NEVADA Las Vegas Kmart Plaza E. Sahara Ave. & McLeod Dr. 127,754 SF GLA Anchor Space & Pad Available Las Vegas Kmart at Sunset Plaza 3780 E. Sunset Rd. & S. Sandhill Rd. Kmart - 86,479 SF GLA OREGON Salem Kmart Shopping Center Mission Street S. E. & 25th St. 116,866 SF GLA UTAH Salt Lake City 410 S. 900 E. & 400 S. Freestanding Office Max Future Redevelopment
puerto rico
TEXAS Ft. Worth Westcliff Shopping Center Albertson’s Market, Dollar General Alton Rd. & Biddison St. 133,332 sf GLA
PUERTO RICO Arecibo Arecibo Towne Center Routes 2 & 22 Future Development Anchor Position & Outlots Available
VIRGINIA Richmond Food Lion Plaza Rte. 1 (Jefferson Davis Hwy.) & Chippenham Pky. Outlots Available
Ponce Reina del Sur; Outlots at Ponce Towne Center II Rtes. #2 & Baramaya Ave. (Rte. 10) @ PR-52 Walmart Supercenter, Home Depot New Development & Pads 525,000 ± SF GLA
NEW
Thomas G. Mirandi 212-265-6600 Ext. 239 Email: tmirandi@rdmanagement.com Fax: 212-459-9133
NEW CONSTRUCTION LMS Commercial Real Estate is preleasing outparcels for phase one of a mixed-use development situated on 148 acres and located at the intersection of Rocherty Road and Cornwall Road in Lebanon, PA. The site features a 600,000 sq.ft. retail component and 550,000 sq.ft. of commercial, office and residential space. Area retailers include Big Kmart, Staples and Lowe’s Home Improvement. Area demographics include a population of 655,189 within a 20-mile radius earning $71,542 as the average household income. For more information, contact Donna Deerin Ward or Joseph R. Deerin, LMS Commercial Real Estate, 120 North Pointe Boulevard, Suite 301, Lancaster, PA 17601; 717-569-9373 Ext. 915/905, Fax 717560-9909; Emails: ddeerin@lms-pma.com and jrdeerin@lms-pma.com; Web site: www.lms-pma.com. First Interstate Properties, Ltd. is preleasing the 200,000 sq.ft. second phase of Steelyard Commons, a 700,000 sq.ft. regional power center located at the intersection of Interstate 71 and Jennings Freeway in Cleveland, OH. Target, Home Depot, Walmart Supercenter, Marshalls, Old Navy, Petco, Aldi and K&G Fashion Superstore anchor the center. Outlots are available. The average annual traffic count is five million vehicles. For more information, contact First Interstate Properties, Ltd., The Offices at Legacy Village, 25333 Cedar Road, Suite 300, Lyndhurst, OH 44124; 216381-2900, Fax 216-381-2901; Web site: www.first-interstate.com.
Koniver Stern Group is preleasing a mixeduse development situated on 120 acres and located at the intersection of Northwest 54th Street and Northwest 87th Avenue in Doral, FL. The project will feature 80,000 sq.ft. of retail space for the initial phase and phase two will entail 60,000 sq.ft. of retail space. The site is located across from Doral Golf Course. The opening is slated for 2015. For more information, contact Arthur Shifrin or Mickey Finkle, Koniver Stern Group, 1665 Washington Avenue, Penthouse, Miami Beach, FL 33139; 352284-0715/352-532-6100 Ext. 245; Emails: arthur@koniversterngroup.com and mickey@koniversterngroup.com.
Combined Properties is redeveloping Fairfax Circle Plaza, a mixed-use project located at the intersection of Route 50/Fairfax Boulevard and Route 29/Lee Highway in Fairfax, VA. Plans call for a 400-unit residential component and an 88,000 sq.ft. neighborhood center anchored by a grocery store. The site is just outside the Capital Beltway and near the Vienna Metro station. For more information, contact Linda Dreyer, Combined Properties, 1025 Thomas Jefferson Street Northwest, Suite 700 East, Washington, DC 20007; 202-736-2813. DM
KW Commercial is preleasing a 14,210 shopping center located along FM 967 in Buda, TX. Area demographics include a population of 8,240 within a five-minute drive-time earning $118,000 as the average household income. Area draws include YMCA. The asking rent is $19 psf to $23 psf NNN. For more information, contact Nick Nelson or Jim Young, KW Commercial; 512-906-6757/512-565-7509; Emails: nick@kwcommercial.com and jimyoung@kwcommercial.com; Web site: www.kwcommercial.com.
President/Publisher Ann O’Neal • ann@dealmakers.net
The Area Development Partnership is redeveloping Midtown Hattiesburg, a mixed-use site located in Hattiesburg, MS. Area draws include University of Mississippi. For more information, contact Garrett Wright, The Area Development Partnership; 601-296-7510; Email: g.wright@theadp.com.
Legend Properties, Inc. is preleasing Butler Plaza, a 100,000 sq.ft. shopping center located at the intersection of North Hunter Highway and Butler Drive in Drums, PA. Area retailers include Kmart, dressbarn, Lowe’s Home Improvement and Weis. Area demographics include a trade-area population of 41,967 earning $58,698 as the average household income. For more information, contact James DePetris or Teresa Craig, Legend Properties, Inc., 521 Plymouth Road, Suite 118, Plymouth Meeting, PA 19462; 610-9414034; Emails: jdepetris@lpre.com and tcraig@lpre.com; Web site: www.lpre.com.
David Adam Realty is preleasing the redevelopment of a historic building located along Elm Street in Westport, CT. Retail spaces of 1,789 sq.ft. and 1,572 sq.ft. are available. Area retailers include Loft, Gap, Talbots, Chase Bank, TD Bank and Urban Outfitters. Area demographics include a population of 118,721 within a five-mile radius earning $145,514 as the average household income. For more information, contact David Adam Realty, 28 Church Lane, Westport, CT 06880; 203-221-8148, Fax 203-341-7494; Web site: www.davidadamrealty.com.
Ripco Real Estate is preleasing an 800,000 sq.ft. mixed-use project located along South Broadway in White Plains, NY. The project will feature a 650-unit residential component, an 80,000 sq.ft. retail component, a 15,000 sq.ft. office component and will be anchored by a 45,000 sq.ft. fitness club. Area demographics include a population of 209,030 within a five-mile radius earning $123,467 as the median household income. For more information, contact Todd Cooper, Ripco Real Estate; 516-933-8880; Email: tcooper@ripcony.com.
Page 4 | July 18, 2014
Editor Erin Dunkley • erin@dealmakers.net Editor Stephanie Weaver • stephanie@dealmakers.net Art Director Anthony Pingicer • anthony@dealmakers.net Account Executive Nicole Papa • nicole@dealmakers.net Account Executive Connie Giordano • connie@dealmakers.net Executive Assistant Kait Kelly • kait@dealmakers.net Research Assistant Brenda Robinson • brendar@dealmakers.net Research Assistant Krista Kopf • krista@dealmakers.net Co-Founder Ted Kraus • 1979–2007
The DealmakersTM (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 $344 per year U.S., foreign $419 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 DealmakersTM with your organization or service for free. Just let us know when your next meeting is and we'll send you copies of our issue for free for your members to learn how to be a better dealmaker! POSTMASTER: Send address changes to The Dealmakers, PO Box 2630 Mercerville, NJ 08690-0630. Periodical postage paid at Trenton, NJ and at additional mailing offices. Affiliated with Tenant Search, E.S.P., E-Blast Copyright 2014 by TKO Real Estate Advisory Group Inc. 609-587-6200, fax 609-587-3511.
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WHO’S OPENING AND WHERE At Home Furnishings (480-214-6390) has plans to expand its presence throughout the Valley area in AZ with locations in Peoria, Phoenix and Mesa. The company recently leased a 105,000 sq.ft. space formerly occupied by JC Penney in Mesa, AZ. The chain of home décor and furnishing stores currently operates locations throughout CA, CO, GA, IL, MI, MO, NC and TX. The concept is a new spinoff of Garden Ridge, a 65-unit chain operating throughout AL, AR, AZ, CO, FL, GA, IL, IN, KY, MI, MO, MS NC, NE, OH, OK, PA, SC, TN, TX and VA. Burlington Stores, Inc. (609-387-7800) is planning to open a 65,000 sq.ft. Burlington store at Truman’s Marketplace, a 554,000 sq.ft. redevelopment project situated on 72 acres at the intersection of Blue Ridge Boulevard and Interstate 49 in Grandview, MO during spring 2015. The company, offering family apparel, accessories and footwear, currently operates more than 520 locations throughout 44 states nationwide, as well as in Puerto Rico. Total Wine & More (855-330-6673) plans to open 13 stores during the remainder of the year. The company also recently opened a 29,000 sq.ft. new concept store along Route 4 West in River Edge, NJ. The store is double the size of traditional stores and offers a temperature-controlled wine cellar, wine tasting bar, education room and walk-in beer cooler. The company currently operates 104 locations throughout 16 states. Houlihan’s Restaurants, Inc. (913-9012500) is planning to open Devon Seafood Grill restaurants and Houlihan’s Restaurant and Bar locations in areas east of the Rocky Mountains during the coming 18 months. The company currently operates 11 Devon Seafood Grill locations throughout FL, GA, IL, KS, MO, PA and WI and 100 Houlihan’s Restaurant and Bar locations nationwide.
Wal-Mart Stores, Inc. (479-273-4000) is planning to open a Walmart Supercenter during 2016 at Sacramento Delta Shores, a 600,000 sq.ft. project located along Interstate 5 in Sacramento, CA. The company also trades as Walmart, Walmart Supercenter, Walmart Neighborhood Market and Walmart Express and currently operates more than 9,000 locations, as well as more than 621 Sam’s Club locations, nationwide and internationally. The Melting Pot Restaurants, Inc. (800-783-0867), through franchisees, are planning to open The Melting Pot restaurants throughout Anchorage, AK. Additional areas for expansion include Charleston, SC; Fresno, CA, New York, NY and Vancouver and Calgary, Canada. The company currently operates 12 locations trading as Burger 21 throughout FL, GA, NC, NJ and VA, and also operates under the trade-name The Melting Pot at 135 locations nationwide. Whole Foods Market, Inc. (512-477-4455) is planning to open a Whole Foods Market at Northtown Plaza, located along Sheridan Drive in Buffalo, NY during 2016. The chain, offering organic and natural food items, currently operates more than 379 specialty supermarkets nationwide, and in Canada and the United Kingdom. Dunkin’ Brands (781-737-3000), through a franchisee, is planning to open Dunkin’ Donuts locations throughout CA, including sites in Downey and Whittier. The company, serving coffee, donuts and breakfast sandwiches, operates more than 11,000 locations throughout 33 countries.
Hyde Park Restaurant Systems, Inc. (216514-1777) plans to open Hyde Park Prime Steakhouse restaurants throughout the MidAtlantic and Midwestern regions of the U.S, as well as in the mid-southern area of FL, during the coming 18 months. The company prefers to occupy spaces of 4,500 sq.ft. to 7,000 sq.ft. in endcaps of shopping centers, downtown areas, hotels and secondgeneration restaurant spaces and currently operates 15 locations throughout FL, MI, OH and PA. Roundy’s, Inc. (866-279-6269) is planning to open five Mariano’s Fresh Market supermarkets during 2015 throughout IL, including locations along 95th Street in Evergreen Park; at the intersection of Willow Road and Interstate 294 in Glenview; along North McCormick Boulevard in Skokie and along Skokie Boulevard in Northbrook. The company also operates under the tradenames Pick ‘N Save, Copps, Rainbow and Metro Market. Smashburger (303-633-1500), through a franchisee, is planning to open six locations in Monmouth and Ocean counties in NJ by 2017. The company currently operates more than 272 restaurants throughout 30 states in the U.S., as well as internationally. La Madeleine de Corps, Inc. (214-6966962) is planning to double its La Madeleine Country French Café location count from 71 to 140 over the next few years. South Beach Tanning Co. (855-844-8377), through a franchisee, is planning to open five tanning salons in Pasco and Pinellas County, FL over the next two years. DM
BPS Direct, LLC (800-227-7776) is planning to open an 85,000 sq.ft. Bass Pro Shops Outpost store off Interstate 75 in East Ridge, TN during 2016. It will be the company’s sixth location in the state. The chain, offering hunting, fishing and camping gear, outdoor apparel and accessories, currently operates 85 locations nationwide and in Canada. Beavertails Canada, Inc. (514-392-2222) is opening Beavertails Pastry locations throughout the northeastern region of the U.S., Canada, as well as internationally during the coming 18 months. The chain currently operates 97 pastry shops throughout CO, Canada and internationally. Dealmakers Magazine | www.dealmakers.net
Whole Foods Market, Inc. is planning to open a Whole Foods Market in Buffalo, NY during 2016. July 18, 2014 | Page 5
FOOD CHAINS EXPAND NATIONWIDE Del Taco operates more than 300 locations nationwide. The fast-food Mexican restaurants occupy spaces of 3,500 sq.ft. in strip and power centers, freestanding locations and urban areas. Growth opportunities are sought throughout OK and Houston, Dallas, Ft. Worth and central TX during the coming 18 months, with representation by Edge Realty Partners. Blue Baker operates a location in Austin, TX. The restaurant prefers to occupy spaces of 5,000 sq.ft. to 6,000 sq.ft. in strip and power centers, as well as urban areas and freestanding locations. Growth opportunities are sought throughout the existing market during the coming 18 months, with representation by Edge Realty Partners. The company will also consider spaces of 3,500 sq.ft. to 4,000 sq.ft. For more information regarding Del Taco, contact Daren Nix, Edge Realty Partners, 515 Congress Avenue, Suite 2325, Austin, TX 78701; 512-391-6220, Fax 512-3916280; Email: dnix@edge-re.com; Web site: www.edge-re.com. For more information regarding Blue Baker, contact Jeff Townsend; Email: jtownsend@edge-re.com. Barnsider Management Corp. trades as Barnsider, The Hardcover and as The Beverly Depot at three locations throughout MA and NY. The restaurants prefer to occupy spaces of 7,000 sq.ft. in strip centers and freestanding locations. Limited growth opportunities are sought throughout MA, NH and NY during the coming 18 months. For more information, contact Bill Swanson, Barnsider Management Corp., 15A Newbury Street, Danvers, MA 01923; 978-777-3885, Fax 978-777-5038; Web site: www.barnsiderrestaurants.com.
Smashburger operates more than 270 locations throughout 30 states in the U.S. and internationally. The restaurants occupy spaces of 2,300 sq.ft. to 3,500 sq.ft. in endcaps and inline spaces of shopping centers, as well as freestanding locations. Growth opportunities are sought throughout Nassau, Queens and Suffolk, NY during the coming 18 months, with representation by The Shopping Center Group. Sonic DriveIn operates more than 3,500 locations nationwide. The drive-in restaurants prefer to occupy freestanding locations on land areas of 0.75 acres to 1.5 acres. Growth opportunities are sought throughout Nassau, Suffolk and southern Westchester counties in NY during the coming 18 months, with representation by The Shopping Center Group. For more information, contact Steve Gillman, The Shopping Center Group, 711 Westchester Avenue, White Plains, NY 10604; 914-328-2222, Fax 914-328-2121; Email: steve@gillman@tscg.com; Web site: www.theshoppingcentergroup.com.
Waba Grill operates more than 45 locations throughout CA. The restaurants occupy spaces of 1,500 sq.ft. to 2,000 sq.ft. in inline spaces and endcaps of shopping centers. Growth opportunities are sought throughout Los Angeles, Orange and Ventura counties in CA during the coming 18 months, with representation by Kennedy Wilson Properties, Ltd. Fatburger operates 100 locations throughout AZ, CA, FL, GA, MD, NE, NJ, NV and WA, as well as internationally. The restaurants prefer to occupy spaces of 1,500 sq.ft. to 2,000 sq.ft. in inline spaces and endcaps of shopping centers. Growth opportunities are sought throughout Los Angeles and Orange counties in CA during the coming 18 months, with representation by Kennedy Wilson Properties, Ltd. For more information, contact Matt Adamczyk, Kennedy Wilson Properties, Ltd., 9701 Wilshire Boulevard, Suite 700, Beverly Hills, CA 90212; 310887-6248, Fax 310-887-6254; Email: madamczyk@kennedywilson.com; Web site: www.kennedywilson.com.
Qdoba Mexican Grill operates more than 600 locations nationwide. The Mexican-inspired restaurants occupy spaces of 2,800 sq.ft. to 3,000 sq.ft. in inline spaces and endcaps of shopping centers, as well as freestanding locations. Growth opportunities are sought throughout central and northern NJ during the coming 18 months, with representation by Pierson Commercial Real Estate, LLC. For more information, contact Jason Pierson, Pierson Commercial Real Estate, LLC, 704 Ginesi Drive, Suite 24, Morganville, NJ 07751; 732-707-6900 Ext. 6902; Email: jason@piersonre.com; Web site: www.piersonre.com.
Apple American Group, LLC trades as Applebee’s at more than 450 locations throughout AL, CA, CO, DE, GA, ID, IN, MA, ME, MN, NJ, NH, NM, OH, OR, PA, RI, VT, WA and WI. The casual dining restaurants prefer to occupy spaces of 5,000 sq.ft. to 6,000 sq.ft. in endcaps of shopping centers and freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. The company prefers to acquire sites or ground leases. For more information, contact Patrick Eulberg, Apple American Group, LLC, 6200 Oak Tree Boulevard, Suite 250, Independence, OH 44131; 216-525-2775 Ext. 1235, Web site: www.appleamerican.com. LLJ Franchise, LLC trades as Juice It Up! at more than 80 locations throughout AZ, CA, NM and TX. The juice bars, offering fruit smoothies and healthy snacks, prefer to occupy spaces of 1,000 sq.ft. to 1,500 sq.ft. in endcaps of lifestyle centers and malls. Growth opportunities are sought throughout AR; Los Angeles and San Diego, CA; FL and TX during the coming 18 months. For more information, contact Carol Skinner, LLJ Franchise, LLC, 17915 Sky Park Circle, Suite J, Irvine, CA 92614; 949-4750146 Ext. 220, Fax 949-475-0137; Email: D carols@juiceitup.com. M
Smashburger is seeking growth opportunities throughout Nassau, Queens and Suffolk, NY during the coming 18 months. Page 6 | July 18, 2014
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BUYERS AND SELLERS Royal Seal Development, Inc. is selling a 9,180 sq.ft. Family Dollar store situated on a 33,280 sq.ft. land area along South Beech Daly in Dearborn Heights, MI. The tenant is bound to a 10-year lease featuring five, fiveyear options and 10% rent escalations at each option. The asking price is $1.044 million. The company is also selling an 11,743 sq.ft. Family Dollar store located along Main Street in East Chicago, IN. The tenant is bound to a 10-year lease featuring four, five-year options and 10% rent escalations after the fifth year. The asking price is $1.486 million. The company is also selling an 11,460 sq.ft. Family Dollar store situated on a land area of 27,180 sq.ft. along East Ridge Road in Gary, IN. The tenant is bound to a 10-year lease featuring four, five-year options and 10% rent escalations at each option. The asking price is $969,100. The company is also selling a 26,600 sq.ft. property located at the intersection of Keyser Avenue and 5th Street in Natchitoches, LA. Area retailers include Raising Cane’s Chicken Fingers, Save-A-Lot, Subway, AutoZone, McDonald’s, Dollar General, Pizza Hut, Sonic Drive-In and Walgreens. Area draws include Northwestern State University. Area demographics include a trade-area population of 39,566 earning $30,326 as the average household income. The average daily traffic count is 25,700 vehicles along Keyser Avenue. The asking price is $449,000. The company is also selling a seven-acre land area located along South Main Street/State Highway 171 in Weatherford, TX. Area retailers include Target, Kohl’s, JC Penney, Belk, Home Depot and Walmart. Area demographics include a tradearea population of 27,000 earning $70,300 as the average household income. The average daily traffic count is 42,000 vehicles along Interstate 20. For additional information on the Family Dollar sites and the site in LA, contact Scott A. Colley, Royal Seal Development, Inc., 124 McMakin Road, Bartonville, TX 762268400; 817-491-6400, Fax 817-491-6401; Email: scott@royalseal.com; Web site: www.royalseal.com. For additional information on the TX site, contact Peter DeBenedictis; Email: peter@royalseal.com. Transwestern recently negotiated the sale of Lake Park Plaza, a 114,867 sq.ft. shopping center located along South Franklin Street in Michigan City, IN. At the time of purchase, Hobby Lobby and Jo-Ann Fabrics anchored the site. RCG Ventures acquired the property from Inland Real Estate Corp. For more information, contact Transwestern, 1900 West Loop South, Suite 1300, Houston, TX 77027; 713272-1266, Fax 713-270-6285; Web site: www.transwestern.com. Dealmakers Magazine | www.dealmakers.net
Cushman & Wakefield negotiated the sale of Durgin Square, a 137,838 sq.ft. shopping center located in Portsmouth, NH. Dividend Capital acquired the center for $24.7 million. The company is also selling Ocala West Shopping Center, a 113,383 sq.ft. center, situated on 10.9 acres, and located along Southwest College Road/State Route 200 in Ocala, FL. The property is 71% occupied and Hobby Lobby anchors the center. Area draws include College of Central Florida, Paddock Mall and Ocala Municipal Airport. Area demographics include a daytime population of 40,325 within three miles. For more information regarding the site in Portsmouth, contact Robert E. Griffin, Jr., Geoffrey Millerd or Justin Smith, Cushman & Wakefield, 225 Franklin Street, Suite 300, Boston, MA 02110; 617-204-4150/5927/ 4114; Emails: robert.griffin@cushwake.com, geoffrey.millerd@cushwake.com and justin.smith@cushwake.com. For more information regarding the site in Ocala, contact Patrick Berman, 813-204-5363; Email: patrick.berman@cushwake.com. Kimball Ward Development & Consultants, LLC is selling a 36,372 sq.ft. land area located along North Interstate 45 in Conroe, TX. Area retail includes Target and Lowe’s Home Improvement. Area demographics include a population of 62,546 within five-miles earning $62,005 as the average household income. For more information, Kevin Ward or Tripp Kimball, Kimball Ward Development & Consultants, LLC; 713-298-1957/713-9064826; Emails: kevin.kwdev@gmail.com and trippkimball@gmail.com.
Faris Lee Investments is selling a portfolio including four Burger King restaurants in FL. The tenants are all bound to NNN leases that feature 8% rent escalations every five years. The company is also selling Red Rock Center, a 74,008 sq.ft. shopping center situated on 6.31 acres along Montiel Road in San Marcos, CA. The center is 90% occupied and tenants include Turner’s Outdoorsman, Soka Gakkai and Sola Salon. Area retailers include Burger King, Subway, Walmart, GameStop, Kohl’s, Panda Express and Guitar Center. The NOI is $1.245 million. The asking price is $19.17 million with a Cap rate of 9.75%. The company is also selling Santa Fe Crossroads, a 19,730 sq.ft. shopping center located at the intersection of North Santa Fe Avenue and Bobier Drive in Vista, CA. The property is 100% occupied and tenants include Payless ShoeSource. Area retailers include CVS, Walgreens, 7-Eleven, AutoZone and Jack-in-the-Box. The NOI is $486,003. Area demographics include a population of 114,000 within a three-mile radius earning $70,000 as the average household income. The average daily traffic count is 46,600 vehicles. The asking price is $7.146 million with a Cap rate of 6.8%. For more information, contact Faris Lee Investments; 949-221-1800; Web site: D www.farislee.com. M
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Faris Lee Investments is selling a portfolio including four Burger King restaurants in FL. July 18, 2014 | Page 7
HOME-RELATED CHAINS EXPAND NATIONWIDE (continued from page one)
W.S. Badcock Corp. trades as Badcock Home Furniture & More at more than 300 locations throughout AL, FL, GA, MS, NC, SC, TN and VA. The stores, offering furniture, bedding, appliance and electronics, occupy spaces of 16,000 sq.ft. to 24,000 sq.ft. in freestanding locations and inline spaces of shopping centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 10 years with two, fiveyear options. A vanilla shell and specific improvements are required. Preferred cotenants include Dollar Tree, Family
Dollar, Save-A-Lot, Food Lion, Tractor Supply and Walmart Express. Preferred demographics include a population of 10,000 within two miles earning $35,000 to $75,000 as the average household income. A land area of two to three acres is required for freestanding locations. For more information, contact Alexis Sharp, W.S. Badcock Corp., PO Box 497, Mulberry, FL 33860; 800-223-2625, Fax 863425-7600; Email: alexis.sharp@badcock.com. Orscheln Farm & Home, LLC trades as Orscheln Farm & Home Supply at 157 locations throughout AR, IA, IL, IN, KS,
H ! T R I E W D GO RKET LEYATHING LESS? A MA FOR AN LE T T E S WHY
AutoZone, a publicly-traded Fortune 500 company, is the #1 auto parts retailer in America. We have over 4,800 stores in 49 states, the District of Columbia and Puerto Rico in the U.S., over 360 stores in Mexico, and have recently opened in Brazil.
✓ GROWING STRONG… Over 5,200 stores, and we open more every week ✓ STORES THAT ARE 100% COMPANY OWNED AND OPERATED… No franchises ✓ FINANCIALLY DISCIPLINED… We make the right decisions to protect our shareholders ✓ RELIABLE… Whether purchase money or rent, our funds will be there…on time, every time For site criteria and contact information go to www.autozonerealestate.com or simply use your smartphone to scan the QR code ©2014 AutoZone, Inc. All Rights Reserved. AutoZone and design are registered marks of AutoZone Parts, Inc.
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The Container Store operates 69 locations nationwide. The stores, offering storage and organizational products for the home and office, occupy spaces of 20,000 sq.ft. to 25,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout Fairfield and Hartford counties in CT during the coming 18 months, with representation by Charter Realty and Development Corp. Home Goods operates more than 550 locations nationwide. The stores, offering home décor items, housewares and furniture, occupy spaces of 25,000 sq.ft. to 30,000 sq.ft. in freestanding locations, regional malls and neighborhood strip centers. Growth opportunities are sought throughout CT during the coming 18 months, with representation by Charter Realty and Development Corp. For more information, contact Dan Zelson, Charter Realty and Development Corp., 183 Main Street, Westport, CT 06880; 203-227-2922, Fax 203-227-8388; Email: dan@chartweb.com; Web site: www.chartweb.com. Busy Beaver Building Centers trades as Busy Beaver at 14 locations throughout OH, PA and VA. The home improvement stores occupy spaces of 24,000 sq.ft. to 30,000 sq.ft. in freestanding locations and endcaps of strip centers. Growth opportunities are sought within two hours of Pittsburgh, PA during the coming 18 months. Typical leases run five years with options. A land area of 3.5 acres is required for freestanding locations. For more information, contact Joseph Kallen, Busy Beaver Building Centers, 3130 William Pitt Way, Building A6, Pittsburgh, PA 15238; 412-828-2323 Ext 319, Fax 412828-2430; Email: jkallen@busybeaver.com; Web site: www.busybeaver.com. DM
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KY, MO, NE and OK. The stores, offering automotive supplies, lawn and garden products, outdoor apparel, fencing, home improvement items and farming and ranch supplies, occupy spaces of 25,000 sq.ft. to 50,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets, excluding IL, during the coming 18 months. Typical leases run 10 to 15 years. A vanilla shell is required. Preferred cotenants include grocery and discount stores. Major competitors include Tractor Supply Co. For more information, contact Rick Powers, Orscheln Farm & Home, LLC, 1800 Overcenter Drive, Moberly, MO 65270; 660-269-3580, Fax 660-269-3590; Email: rpowers@orscheln.com; Web site: www.orschelnfarmhome.com.
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Dealmakers Magazine | www.dealmakers.net
LEAD SHEET American Tire Depot Roger Neipris 16201 Commerce Way Cerritos, CA 90703 661-547-6986 Email: r.neipris@hotmail.com Web site: www.americantiredepot.com
Automotive The 60-unit chain operates locations throughout CA. The automotive tire dealerships occupy freestanding buildings of 4,000 sq.ft. to 10,000 sq.ft. and pad sites or outparcels of shopping centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Preferred demographics include a population of 50,000 within three miles earning $50,000 as the average household income.
Goddard Systems, Inc. dba Goddard School Rob Skibjak 1016 West 9th Avenue King of Prussia, PA 19406 610-265-8510 Ext. 401, Fax 610-205-1800 Email: realestate@goddardschoolsystems.com Web site: www.goddardschool.com
Childcare The 413-chain operates locations nationwide. The childcare learning centers occupy spaces of 8,000 sq.ft. to 10,000 sq.ft. in freestanding locations and endcaps of shopping centers. Plans call for 50 openings throughout the existing market during the coming 18 months. Typical leases run 15 years. The company prefers to locate near elementary schools, medical offices and affluent residential areas and will also consider retro-fits and build-to-suits. A land area of one to 1.5 acres is required.
Micro Electronics, Inc. dba Micro Center Nancy Klemstein 4119 Leap Road Hilliard, OH 43026 614-850-3044, Fax 614-850-3001 Email: serwin@microcenter.com Web site: www.microcenter.com
Computers The 25-unit chain operates locations throughout CA, CO, GA, IL, KS, MA, MD, MI, MN, MO, NJ, NY, OH, PA, TX and VA. The stores, offering computers and electronics, occupy spaces of 28,000 sq.ft. to 32,000 sq.ft. in freestanding locations, malls and strip centers. Growth opportunities are sought nationwide during the coming 18 months. Preferred demographics include a population of 200,000 within five miles earning $75,000 as the average household income.
QuickChek Corp. dba QuickChek Jeff Albanese 3 Old Highway 28 Whitehouse Station, NJ 08889 908-534-7272, Fax 908-534-7216 Email: jalbanese@qchek.com Web site: www.quick-chek.com
Convenience The 137-unit chain operates locations throughout NJ and Long Island and the Hudson Valley region of NY. The convenience stores, with gasoline facilities, occupy spaces of 4,500 sq.ft. to 7,000 sq.ft. in freestanding locations at signalized intersections. Growth opportunities are sought throughout the existing markets during the coming 18 months. Preferred average daily traffic counts include at least 25,000 vehicles. A land area of at least one acre is required. The company prefers to acquire sites or build-to-suit opportunities.
RaceTrac Petroleum, Inc. dba RaceTrac / Race Way Sean MacLaurin 3225 Cumberland Boulevard, Suite 100 Atlanta, GA 30339 770-431-7600 Email: smaclaurin@racetrac.com Web site: www.racetrac.com
Convenience The 600-unit chain operates locations throughout the southeast region of the U.S. The convenience stores, with gasoline facilities, occupy spaces of 3,000 sq.ft. to 6,000 sq.ft. in freestanding locations, power and strip centers, as well as urban/downtown areas. Growth opportunities are sought within a 40-mile radius of the Atlanta, GA metropolitan area, during the coming 18 months. Typical leases run 10 years. Preferred average daily traffic counts include 25,000 vehicles.
Five Below Erin Grace or Lisa Motameni c/o SRS Real Estate Partners 366 Madison Avenue, 5th Floor New York, NY 10017 212-701-5257 Email: erin.grace@srsre.com Web site: www.fivebelow.com
Discount The 338-unit chain operates locations nationwide in 20 states. The stores, offering trend right products priced between $1 and $5 dollars for teens and pre-teens, occupy spaces of 8,500 sq.ft. in regional strip centers, regional malls, power and urban retail centers and street fronts. Growth opportunities are sought throughout Brooklyn, Bronx, Fairfield, Manhattan and Westchester, NY during the coming 18 months, with representation by SRS Real Estate Partners.
Dealmakers Magazine | www.dealmakers.net
July 18, 2014 | Page 9
LEAD SHEET CVS Caremark dba CVS Pharmacy Suzanne Lanois One CVS Drive Woonsocket, RI 02895 401-770-4310, Fax 401-770-2606 Email: suzanne.lanois@cvscaremark.com Web site: www.cvs.com
Drug Store The 7,600-unit chain operates locations nationwide. The drug stores occupy spaces of 13,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing areas, where the company currently has a footprint, during the coming 18 months, as well as expanding into AR, UT and WA. Typical leases run 25 years. Preferred demographics include a population of 18,000 within two miles. A land area of two to three acres is required.
Duane Reade Jeff Winick c/o Winick Realty Group 655 Third Avenue, 8th Floor New York, NY 10017 212-792-2600, Fax 212-792-2660 Email: jeff@winick.com Web site: www.winick.com
Drug Store The chain operates more than 250 locations throughout Brooklyn, Bronx, Manhattan, Staten Island and Queens, NY. The drug stores occupy spaces of 7,500 sq.ft. to 20,000 sq.ft. in freestanding locations, endcaps and pad sites of strip centers, as well as urban/ downtown areas. Growth opportunities are sought throughout New York, NY and the surrounding boroughs during the coming 18 months, with representation by Winick Realty Group. Major competitors include CVS, Rite Aid and Walgreens. The company prefers sites with a drive-thru in suburban areas.
Burke Cleaners, LLC dba Burke Cleaners Mark Burke 5635 Boeing Drive Loveland, CO 80538-8811 970-203-9600 Ext. 4, Fax 970-203-1096 Email: mark@burkecleaners.com Web site: www.burkecleaners.com
Dry Cleaners The 34-unit chain operates locations throughout CO, IA and IL. The dry cleaning facilities occupy spaces of 1,000 sq.ft. to 1,200 sq.ft. in strip centers. Growth opportunities are sought throughout Longmont and North Denver, CO during the coming 18 months. Typical leases run five years with options. A vanilla shell and specific improvements are required. Preferred cotenants include grocery stores.
Brain Balance Achievement Centers Kyle Farley c/o The Greenberg Group 1200 West Broadway Hewlett, NY 11557 516-295-0406 Email: kfarley@thegreenberggroup.com Web site: www.brainbalancecenters.com
Educational The 65-unit chain operates locations nationwide. The children’s educational centers occupy spaces of 2,500 sq.ft. to 3,500 sq.ft. in regional malls, power and strip centers. Plans call for 40 openings throughout the existing market during the coming 18 months, with representation by The Greenberg Group. Typical leases run 10 years. A vanilla shell is required. Preferred cotenants include Whole Foods and national supermarkets and department stores. Preferred demographics include a population of over 150,000 within a 15-minute drive-time earning over $85,000 as the average household income. Major competitors include Sylvan Learning Center, Kumon, Mathnasium and Huntington Learning Centers.
ABC Warehouse Group dba Mickey Shorr Dave Gronbach One West Silverdome Industrial Park Pontiac, MI 48343 248-335-4222, Fax 248-335-2568 Web site: www.abcwarehouse.com
Electronics The 16-unit chain operates locations throughout MI. The stores, offering car electronics, occupy spaces of 2,500 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout southeastern MI during the coming 18 months. Typical leases run five years with two, five-year options.
Best Buy Canada Ltd. dba Best Buy Canada Ltd., Future Shops and Best Buy Mobile Geoff Stollery 8800 Glenlyon Parkway Burnaby, British Columbia, Canada V5J 5K3 604-456-8264, Fax 604-412-5215 Email: gstollery@bestbuycanada.ca Web site: www.futureshop.ca
Electronics The 267-unit chain operates locations throughout Canada. The stores, offering computers, cellular phones, cameras, office supplies, major appliances and musical instruments, occupy spaces of 500 sq.ft. to 36,000 sq.ft. in freestanding locations, power and shopping centers, as well as downtown areas. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run 10 years.
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LEAD SHEET U.S. Cellular Corp. dba U.S. Cellular Erran Zinzer 8410 West Bryn Mawr Chicago, IL 60631 773-399-6836 Email: erran.zinzer@uscellular.com Web site: www.uscellular.com
Electronics The 1,200-unit chain operates locations nationwide. The stores offer cellular phones, accessories and related services. The company prefers to occupy pad sites of 1,500 sq.ft. to 3,000 sq.ft. in rural areas and 2,000 sq.ft. to 4,000 sq.ft. in major markets. Anchored shopping centers are preferred. Plans call for 35 to 45 openings throughout IA; Chicago, Peoria, Rockford and Springfield, IL; northwestern IN and Appleton, Greenbay, Madison and Milwaukee, WI during the coming 18 months. Preferred demographics include a population of 25,000 for rural areas and a population of 75,000 for metropolitan areas. The company also has plans to remodel 40 to 50 stores annually.
UFC Gym Franchise Co. dba UFC Gym Richard Feinberg 1241 East Dyer, Suite 100 Santa Ana, CA 92705 714-668-0911, Fax 714-668-9231 Email: richard.feinberg@ufcgym.com Web site: www.ufcgym.com
Fitness The 100-unit chain operates locations throughout 26 states nationwide. The facilities, offering fitness classes and MMA training programs, occupy spaces of 6,000 sq.ft. to 10,000 sq.ft. in mixed-use and strip centers, as well as urban/downtown areas. Plans call for 100 openings throughout the southeastern, Midwestern and southwestern regions of the U.S. during the coming 18 months. Typical leases run five years with two, five-year options. Preferred cotenants include restaurants, grocery stores and Starbucks. Preferred demographics include a population of 100,000 within five miles earning $50,000 as the average household income. The company is franchising.
Ocean State Jobbers, Inc. dba Ocean State Job Lot John Barbato 375 Commerce Park Road North Kingstown, RI 02852 401-295-2672, Fax 401-294-8750 Email: realestate@osjl.com Web site: www.oceanstatejoblot.com
General Merchandise The 113-unit chain operates locations throughout CT, MA, ME, NH, NJ, NY, RI and VT. The stores, offering general merchandise, occupy spaces of 25,000 sq.ft. to 40,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 10 years. Preferred cotenants include supermarkets and value oriented retailers. Preferred demographics include a population of 50,000 within five miles. A land area of five acres is required for freestanding locations.
Great Clips Gregg Medvin c/o Pierson Commercial Real Estate, LLC 704 Ginesi Drive, Suite 24 Morganville, NJ 07751 732-707-6900 Ext. 3 Email: gregg@piersonre.com Web site: www.piersonre.com
Hair The 3,500-unit chain operates locations nationwide and in Canada. The hair salons occupy spaces of 900 sq.ft. to 1,200 sq.ft. in freestanding locations and outparcels and inline spaces of shopping centers. Growth opportunities are sought throughout Monmouth, Middlesex, Ocean, Hunterdon and Somerset counties in NJ during the coming 18 months, with representation by Pierson Commercial Real Estate, LLC. Preferred cotenants include grocery stores. The company prefers to locate in highly visible locations near major highways or retail corridors.
Alive Health Centers dba Alive Health Center, Morning Sun Health Foods, Supplements Plus Alice Chung 2680 Shell Road, Unit 228 Richmond, British Columbia, Canada V6X 4C9 604-273-6266, Fax 604-273-6121 Email: customer@alivehealthcentre.ca
Health The 29-unit chain operates locations throughout Canada. The stores, offering health food items, as well as related vitamins and supplements, occupy spaces of 800 sq.ft. in malls. Growth opportunities are sought throughout Alberta, British Columbia and Ontario, Canada during the coming 18 months.
Sangster’s dba Sangster’s Health Centres and Sangster’s Organic Markets Daniel Park 2218 Hanselman Avenue Saskatoon, Saskatchewan, Canada S7L 6A4 306-653-4481 Ext. 35, Fax 306-653-4688 Email: franchise@sangsters.com Web site: www.sangstersfranchise.com
Health The 40-unit chain operates locations throughout Canada. The stores, offering vitamins, herbs, sports supplements, natural cosmetics and organic food items, occupy spaces of 800 sq.ft. to 2,000 sq.ft. in enclosed malls and power centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run five years with five-year options. Major competitors include GNC. The company is franchising.
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July 18, 2014 | Page 11
LEAD SHEET Boot Barn, Inc. dba Boot Barn Aaron Browning 15776 Laguna Canyon Road Irvine, CA 92618 949-453-4400 Ext. 470, Fax 949-453-4401 Email: abrowning@bootbarn.com Web site: www.bootbarn.com
Shoes The 156-unit chain operates locations throughout AZ, CA, CO, FL, GA, IA, ID, IL, IN, KY, LA, MO, MN, MT, NC, ND, NM, NV, OR, SC, SD, TN, TX, UT, WI and WY. The stores, offering western and work footwear and apparel items, occupy spaces of 8,000 sq.ft. to 12,000 sq.ft. in freestanding locations, strip centers and malls. Plans call for 25 openings annually nationwide, excluding the northeastern region. Preferred demographics include a trade-area population of 100,000.
The Brown Shoe Co. dba Famous Footwear Harold Van Ommeren 116 East Madison Street Lake Mills, WI 53551 920-648-8989, Fax 314-827-0054 Email: hvanommeren@famousfootwear.com Web site: www.famousfootwear.com
Shoes The chain operates more than 1,090 locations nationwide. The family footwear stores occupy spaces of 5,000 sq.ft. to 6,000 sq.ft. in regional malls, outlet, power and strip centers. Plans call for 65 openings throughout the existing market during the coming 18 months. Typical leases run five years with three, five-year options. A turn-key plus tenant improvement allowance are required. Preferred demographics include a population of 100,000 within a five-mile radius earning $60,000 as the median household income.
WSS - Warehouse Shoe Sale Sam Kangavari c/o Rosano Partners 700 South Flowers Street, Suite 2920 Los Angeles, CA 90017 213-802-0222, Fax 310-862-1818 Email: skangavari@rosanopartners.com Web site: www.rosanopartners.com
Shoes The 62-unit chain operates locations throughout northern and southern CA. The stores, offering family footwear and accessories, occupy spaces of 9,000 sq.ft. to 14,000 sq.ft. in freestanding locations and endcaps of shopping centers. Growth opportunities are sought throughout southern CA during the coming 18 months, with representation by Rosano Partners. The company will acquire or lease sites.
Basketball City Bruce Radler Pier 36 @ 299 South Street New York, NY 10002 212-233-5050, Fax 212-233-6161 Email: bruce@basketballcity.com Web site: www.basketballcity.com
Specialty The two-unit chain operates locations throughout MA and NY. The sports and entertainment facilities occupy spaces of 40,000 sq.ft. to 60,000 sq.ft. in urban/downtown areas. Growth opportunities are sought throughout major metro markets nationwide and in Canada during the coming 18 months. Typical leases run 20 years. The company will consider unique retail spaces and prefer to locate in central business districts.
Olympia Sport Center Andrew Shedlin c/o The Andrew Shedlin Cos., Inc. 21275 Eleanor Lane Kildeer, IL 60047 847-438-2900, Fax 847-2066 Email: a.shedlin@comcast.net Web site: www.olympiasports.net
Sporting Goods The 230-unit chain operates locations throughout CT, DE, MA, MD, ME, NH, NY, OH, PA, RI, VA, VT and WV. The sporting goods stores occupy spaces of 4,000 sq.ft. to 10,000 sq.ft. in malls, lifestyle centers, power and strip centers. Growth opportunities are sought throughout the Mid-Atlantic, Midwestern and northeastern regions of the U.S. during the coming 18 months, with representation by The Andrew Shedlin Cos., Inc. Preferred cotenants include grocery stores, big box fashion retailers and Walmart.
The preceding leads have been verified by calls made to or written submittals from the respective retailers during the weeks prior to publication. Since the majority of chains featured in Lead Sheet are small in size, some changes in their expansion plans should be expected. To be included in an upcoming issue, just fax a note or call us with the details. Our fax number is (609-587-3511) and you can reach us by phone at (609-587-6200) or email at ann@dealmakers.net. Page 12 | July 18, 2014
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LEASE SIGNINGS illi Commercial Real Estate (818-501-2212) negotiated the following leases throughout CA: a 10-year lease with Jersey Mike’s for 1,140 sq.ft. along North Pacific Coast Highway in Redondo Beach, with Todd Nathanson of illi Commercial Real Estate representing the landlord in the transaction; a 10-year lease with Yogis Teriyaki & Grill for 1,245 sq.ft. along Topanga Canyon Boulevard in Woodland Hills, with Greg Offsay of illi Commercial Real Estate representing the landlord in the transaction; a six-year lease with Protein for Pets for 1,485 sq.ft. alog Madera Road in Simi Valley with Kyle Fishburn and Jordan Lolli of illi Commercial Real Estate representing the tenant and Todd Nathanson, Kyle Fishburn and Steve Watson of illi Commercial Real Estate representing the landlord in the transaction; for five-years with Smoke Poutinerie for 800 sq.ft. along North Cahuenga Boulevard in Hollywood, with Todd Nathanson and Jeffrey Shore of illi Commercial Real Estate representing the landlord in the transaction; a five-year lease with Opportunities for Learning for 2,640 sq.ft. along Sequoia Avenue in Simi Valley, with Todd Nathanson and Jeffrey Shore representing the landlord in the transaction; with Pretty Wild Hair Salon for 2,114 sq.ft. along Ventura Boulevard in Sherman Oaks with Jeffrey Shore and George Ross of illi Commercial Real Estate representing the landlord and the tenant in the transaction and a five-year lease with Quickly Boba Tea for 1,480 sq.ft. along Balboa Boulevard in Van Nuys with Todd Nathanson and Dimas Rangel of illi Commercial Real Estate representing the landlord in the transaction.
Konover South, LLC (954-354-8282) recently negotiated the following leases throughout southern FL: with C2 Education for 1,277 sq.ft. at Plaza at Davie, located along West State Route 84 in Davie; with H&R Block for 2,049 sq.ft. and Advance America for 1,900 sq.ft. at Delray Square II, located along South Military Drive in Delray Beach; with Jupiter Vitamins for 1,400 sq.ft. at Admiral’s Crossing, located along Military Trail in Jupiter and with Cut It Out 2 for 1,706 sq.ft. and H&R Block for 1,150 sq.ft. at Inverrary Falls, located along West Oakland Park Boulevard in Lauderhill.
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Douglas Elliman Real Estate (212-891-7000) negotiated a lease with Infinite Beauty for space at the intersection of Third Avenue and 61st Street in New York, NY. Faith Hope Consolo and Joseph Aquino of Douglas Elliman Real Estate represented the landlord and tenant in the transaction. Divaris Real Estate, Inc. (757-497-2113) negotiated a lease with lululemon for 3,200 sq.ft. at Town Center of Virginia Beach, located at the intersection of Main Street and Town Center Drive in Virginia Beach, VA. Friedland Realty, Inc. (914-968-8500) negotiated a lease with Citizen Watch Co. for 1,300 sq.ft. at the intersection of Broadway and 43rd Street in Manhattan, NY. Grosvenor Americas (604-683-1141) negotiated a lease with Super Duper for 2,652 sq.ft. at Hamilton Marketplace, located off Interstate 101 in Novato, CA. Dealmakers Magazine | www.dealmakers.net
Gluck & Co. of NY (718-972-1808) negotiated a lease with Yogurtland for 1,500 sq.ft. along Columbus Avenue in New York, NY. Cindy Gluck of Gluck & Co. of NY represented the landlord, Chetrit Group, in the transaction. The company also recently negotiated a lease with Family Dollar for 8,000 sq.ft. along Jamaica Avenue in Queens, NY. Zack Baumgarten of Gluck & Co. of NY represented the landlord in the transaction. The company also negotiated a lease with Family Dollar for space along Webster Avenue in Bronx, NY. Cindy Gluck brokered the transaction. DM
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TENANT REPS AND EXCLUSIVES Levin Management (201-796-7788) has been appointed as the exclusive leasing agent for Bradford Plaza, a 161,000 sq.ft. shopping center located along Downingtown Pike in West Chester, PA. Spaces from 1,750 sq.ft. to 7,900 sq.ft. are available. Giant Foods anchors the center and cotenants include Petco, Dollar Tree and Walgreens. Soloff Realty & Development, Inc. (610834-0400) has been appointed as the exclusive leasing agent for Bailey’s Square, a shopping center located at the intersection of Swamp Road/Route 313 and Ferry Road in Doylestown, PA. Up to 10,000 sq.ft. of contiguous space, as well as a 1,580 sq.ft. inline space, is available. Advance Auto Parts will anchor the center. Starboard TCN (415-694-5364) is representing Fitness 19 with its expansion plans throughout northern CA. The fitness centers prefer to occupy spaces of 12,000 sq.ft. to 25,000 sq.ft. in strip and power centers. Preferred demographics include a trade-area population earning $50,000 as the average household income. Preferred cotenants include grocery stores.
Eastern Retail Properties (781-849-9010) is exclusively representing Verizon Wireless with its expansion plans throughout upstate NY and the New England region of the U.S. The company prefers to occupy spaces of 5,000 sq.ft. to 6,000 sq.ft. in freestanding locations and endcaps of shopping centers for corporate locations and also prefers to occupy spaces of 1,200 sq.ft. to 4,000 sq.ft. in freestanding locations, inline spaces and endcaps of shopping centers for authorized dealers. Long & Foster Cos. (703-506-2850) is representing Blowout Bar with its expansion plans throughout Tysons Corner, VA and northwestern Washington, DC. The hair styling salons are seeking to occupy spaces of 1,200 sq.ft. to 1,800 sq.ft. in high-end retail or mixed-use locations in areas with dense pedestrian traffic counts. KeyPoint Partners, LLC (781-273-5555) is exclusively leasing Walnut Hill Plaza, a 298,000 sq.ft. retail center in Woonsocket, RI; Summit Square, a 133,990 sq.ft. retail center in Warwick, RI and Harbor Village, a 97,000 sq.ft. shopping center in D Townsend, MA. M
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SunTrust Bank recently assisted with securing $87 million in financing to WC Smith for the development of a mixed-use building situated on 3.5 acres at the intersection of H Street, Second Street Southeast and New Jersey Avenue Southeast in Washington, DC. The project will feature a 35,000 sq.ft. Whole Foods Market and 336 luxury residential units. For more information, contact SunTrust Bank, PO Box 4418, Atlanta, GA 30302; Web site: www.suntrust.com. DM
REAL ESTATE PROFESSIONALS MAKING THE NEWS NAI James E. Hanson (201-488-5800) recently hired Kenneth Fioretti as a sales associate. In his new position, Fioretti will focus on assisting clients in brokerage activities. The company specializes in retail brokerage, investment sales, land sales, management, government and financing services. SVN | Chicago (312-676-1866) recently hired Jason Rabin as a senior advisor, specializing in investment sales. Prior to joining the company, Rabin served at Draper and Kramer. The firm specializes in brokerage, tenant representation, consultation, asset management, property management, leasing, accelerated marketing and auction services. Mahoney Realty Group, Inc. (610-6454500) recently hired Christie McBride as vice president. Prior to joining the company, McBride served as a leasing director at MackCali Realty Corp. The company also hired Linsey Wisor as an associate. Jameson Real Estate (312-216-8000) recently hired Enrique Guadalupe as a broker associate.
Join over 118,900 members looking to acquire, sell, lease and finance all types of commercial real estate. We’re the place to list your center’s availabilities and to find that perfect site. No matter the economy, these forums make sense and, best of all, they’re free! Sign up today at www.dealmakerS.net/Free-email-ForumS Page 14 | July 18, 2014
CBRE|Raleigh (919-831-8200) recently hired Tiffany Barrier as a senior associate. In her new role, Barrier will focus on landlord and tenant representation. The company specializes in leasing, sales, property, facilities and project management services. SRS Real Estate Partners (214-560-3215) recently hired Carson Hawley as an associate at the firm’s Austin, TX office. The company specializes in brokerage, corporate, development, investment and management services. DM Dealmakers Magazine | www.dealmakers.net
SPACE PLACE Alabama
Arkansas
California
Spanish Fort – Eastern Shore Commons, located along Eastern Shore Drive, has a 1.0acre outparcel available. Cotenants include Publix and Pizza Hut. Area demographics include a population of 15,506 within three miles earning $83,597 as the average household income. The average daily traffic count is 12,000 vehicles. For more information, contact Sherri Mann, Crossman & Co., 404-514-3517; Web site: www.crossmanco.com.
Hankins, Clay Smith or Mark Peterson, Ashley Co. Commercial Real Estate, 2851 Lakewood Village Drive, North Little Rock, AR 72116; 501-758-7745, Fax 501-7580835; Email: rhashley@ashleygroup.net.
81,581 within three miles earning $67,157 as the average household income. For more information, contact Jesse Rehmeier, Retail Select Services, 25255 Cabot Road, Suite 202, Laguna Hills, CA 92653; 949-305-8796; Email: jesse@retailselectservices.com; Web site: www.retailselectservices.com.
Arizona Phoenix – Laveen Village Marketplace, a 56,747 sq.ft. center located at the intersection of Baseline Road and 51st Avenue, has spaces available. Cotenants include Petco, Dollar Tree, Filiberto’s Mexican Restaurant, Barro’s Pizza, Applebee’s and State Farm Insurance. Area demographics include a population of 115,676 within five miles earning $62,170 as the average household income. For more information, contact Bryan Ledbetter, Zell Commercial Real Estate Services, Inc., 5343 North 16th Street, Suite 290, Phoenix, AZ 85016; 602-386-5710; Fax 602-248-0501; Email: bledbetter@zellcre.com; or Vickie Miller, Passco Cos., LLC, 96 Corporate Park, Suite 200, Irvine, CA 92606; 949-263-7927, Fax 949-442-2460; Email: vmiller@passco.com. Phoenix – Maryvale Plaza, located at the intersection of West Indian School Road and 51st Avenue, has a space of 2,016 sq.ft. available, along with a 47,903 sq.ft. parcel. Cotenants include El Super, Dollar Tree, Payless Shoe Source, BBB Fashion, Walgreens, Rent-A-Center, Factory 2-U, Ace Hardware, Subway, Wendy’s and Panda Express. Area demographics include a population of 464,077 within five miles earning $37,601 as the median household income. For more information, contact Carol Harder, Red Mountain Retail Group, 1515 East Bethany Home Road, Suite 110, Phoenix, AZ 85014; 602-977-9202, Fax 602-977-2799; Email: charder@rmrginc.com.
Arkansas Benton – Hickory Square, a 105,017 sq.ft. center located off of Interstate 30, has spaces of 1,536 sq.ft. and 2,995 sq.ft. available. Cotenants include Cinemark Tinseltown, Applebee’s, Home Depot, Tractor Supply Co., Gino’s, Tropical Smoothie and Domino’s. For more information, contact Rick Ashley, Gregg Mueller, Philip Ring, Matthew Dealmakers Magazine | www.dealmakers.net
California Chino – Two spaces of 980 sq.ft. are available at the intersection of Central Avenue and Philadelphia Street. For more information, contact Peter Loh, Remax Realty 100, 909-263-3054. Santa Clarita – A center located at the intersection of Soledad Canyon Road and Whites Canyon Road, has a grocery anchor space available. Cotenants include Big Lots, T.J. Maxx, Auto Zone and Dollar Tree. Area demographics include a population of 175,123 within five miles earning $93,574 as the average household income. The average daily traffic count is 90,000 vehicles. Sylmar – A center located at the intersection of Glenoaks Boulevard and Hubbard Street, has second-generation restaurant spaces from 1,193 sq.ft. to 4,800 sq.ft. available. Cotenants include Food 4 Less, CVS and Big Lots. Area demographics include a population of 365,059 within five miles. For more information regarding the Santa Clarita property, contact Adam Cather, Todd Nathanson or Eric Friedland, illi Commercial Real Estate, 17547 Ventura Boulevard, Suite 304, Encino, CA 91316; 818-501-2212 Ext. 118/101/122, Fax 818-501-2202; Email: adam@illicre.com; Web site: www.illicre.com. For more information regarding the Sylmar property, contact Todd Nathanson or Kyle Fishburn, 818-501-2212 Ext. 109; Email: kyle@illicre.com. Stockton – A 43,312 sq.ft. former Save Mart Supermarket is available along Hammer Lane. Area retailers include Safeway, Trader Joe’s, BevMo!, Smart & Final and Michaels. Area demographics include a population of 49,457 within five miles earning $62,516 as the average household income. For more information, contact Andy Hodgson, Colliers International, 3439 Brookside Road, Suite 108, Stockton, CA 95219; 209-475-5129; Email: andy.hodgson@colliers.com; Web site: www.colliers.com. Victorville – Retail and restaurant spaces are available along Amargosa Road. Area retailers include Walmart, Kohl’s, Lowe’s Home Improvement, Lane Bryant and T-Mobile. Area demographics include a population of
Florida Lake Mary – Cornerstone at Lake Mary, a 63,924 sq.ft. center located along Rinehart Road, has a 3,324 sq.ft. outparcel available. Cotenants include Publix, Leslie’s Pool Supplies, Great Clips and Jersey Mike’s. Area demographics include a population of 82,849 within five miles earning $82,849 as the average household income. The average daily traffic count is 32,122 vehicles. The asking rent is $32 psf. Santa Rosa Beach – Publix at South Walton, a 56,317 sq.ft. center located along US Highway 98 West, has three spaces of 1,300 sq.ft. available, along with two outparcels of 0.92 acres and 0.97 acres. Cotenants include Publix, Great Clips, AT&T and Hungry Howie’s. Area demographics include a population of 7,893 within five miles earning $61,384 as the median household income. The average daily traffic count is 23,000 vehicles. Tallahassee – Oak Valley, a 75,975 sq.ft. center located at the intersection of North Monroe Street and Capital Circle Northwest, has spaces from 1,200 sq.ft. to 9,709 sq.ft. available, along with an outparcel of 1.06 acres. Cotenants include Publix, H&R Block and Supercuts. Area demographics include a population of 36,583 within five miles earning $61,752 as the average household income. The average daily traffic count is 37,900 vehicles. For more information regarding Cornerstone at Lake Mary, contact Tyler Wilkins, Crossman & Co., 407-581-6245; Web site: www.crossmanco.com. For more information regarding Publix at South Walton or Oak Valley, contact Sherri Mann, 404-514-3517. Orlando – A 3,355 sq.ft. former Burger King is available along Lee Road. Area retailers include Family Dollar, Ross Dress for Less, Save-A-Lot, Popeye’s Chicken & Biscuits, McDonald’s and 7-Eleven. Area demographics include a population of 247,859 within five miles earning $65,017 as the average household income. The average daily traffic count is 45,000 vehicles. Sanford – Sanford Town Center, a 92,905 sq.ft. center located along South French Avenue, (continued on page sixteen)
July 18, 2014 | Page 15
SPACE PLACE Florida (continued from page nineteen)
has spaces from 990 sq.ft. to 10,890 sq.ft. available. Cotenants include Winn-Dixie, Buddy Bi-Rite, Beauty Zone and H&R Block. Area demographics include a population of 63,635 within five miles earning $61,138 as the average household income. The average daily traffic count is 31,500 vehicles. The asking rent is $8 to $10 psf NNN. For more information regarding the Orlando property, contact Willow Shambeck or Vanesa Cortes, Cursor Realty Commercial, 407-622-7772; Email: willow@cursorflorida. com; Web site: www.cursorflorida.com. For more information regarding Sanford Town Center, contact Jacqueline Pace; Email: jackie@cursorflorida.com.
Georgia Fayetteville – Turnberry Commons Shopping Center, a 61,440 sq.ft. center located along County Line Road, has a space of 1,400 sq.ft. available, along with two spaces of 2,200 sq.ft. and a 1.5-acre outparcel. Cotenants include Family Dollar, Wayfield Foods, Pose Wellness and Taste of China. Area demographics include a population of 61,688 within five miles earning $69,982 as the average household income. Perry – Paradise Shoppes of Perry, a 72,200 sq.ft. center located at the intersection of Houston Lakes Road and North Perry Parkway, has eight spaces of 1,400 sq.ft. available, along with a space of 1,995 sq.ft. Cotenants include Publix, O’Reilly Auto Parts, Subway, McDonald’s and China King. Area demographics include a population of 27,715 within five miles earning $68,903 as the average household income. The average daily traffic count is 8,640 vehicles. For more information, contact Sherri Mann, Crossman & Co., 404-514-3517; Web site: www.crossmanco.com.
Illinois Carol Stream – Heritage Plaza, a 128,870 sq.ft. center located at the intersection of Army Trail Road and County Farm Road, has spaces of 860 sq.ft., 1,200 sq.ft. and 17,600 sq.ft. available, along with two spaces of 1,600 sq.ft. Cotenants include Jewel-Osco, Pizza Hut, Hallmark, The UPS Store, Great Clips and Subway. Area demographics include a population of 84,383 within three miles earning $93,678 as the average household income. Woodridge – Woodridge Shoppes, a 9,000 sq.ft. center located at the intersection of Interstate 355 and Boughton Road, has spaces from 1,200 sq.ft. to 4,300 sq.ft. Page 16 | July 18, 2014
Illinois
Massachusetts
available. Cotenants include Zone Tanning. Area demographics include a population of 217,801 within five miles earning $97,139 as the average household income. For more information regarding Heritage Plaza, contact Joanne Sutryk or Mike Wesley, Edgemark Commercial Real Estate Services, LLC, 2215 York Road, Suite 503, Oak Brook, IL 60523; 630-572-5609/5610, Fax 630472-1019; Email: jsutryk@edgemarkllc.com; Web site: www.edgemarkllc.com. For more information regarding Woodridge Shoppes, contact Mike Wesley or Matthew Smetana, 630-572-5632; Email: mwesley@edgemarkllc.com.
Sobel, 1st US Realty, 427 Columbia Road, Hanover, MA 02339; 508-280-4563; Email: msobel@1stusrealty.com; Web site: www.1stusrealty.com.
Elmwood Park – North Tower Plaza, a 25,798 sq.ft. center located at the intersection of North Avenue/Highway 64 and Highway 43, has spaces of 1,247 sq.ft. and 3,334 sq.ft. available. Cotenants include Fruitful Yield Health Food, Subway and Old World Pizza. Area demographics include a population of 310,115 within three miles earning $70,691 as the average household income. For more information, contact Samantha Spinell or Paige Winkels, Mid-America Asset Management, Inc., 1 Parkview Plaza, 9th Floor, Oakbrook Terrace, IL 60181; 630954-7220/7221, Fax 630-954-7306; Email: sspinell@midamericagrp.com; Web site: www.midamericagrp.com.
Maryland Boonsboro – A center located along Chase Six Boulevard, has spaces from 1,572 sq.ft. to 3,144 sq.ft. available. Cotenants include Weis Market and Antietam Spirits. Area demographics include a population of 572,235 within five miles earning $57,392 as the average household income. The average daily traffic count is 9,425 vehicles. For more information, contact Ray Schupp or Bryan Davis, Next Realty, 703-4428825/8843; Email: rschupp@nextrealty.com; Web site: www.nextrealty.com. For additional information, contact Metro Commercial Real Estate, Inc., 610-825-5222.
Massachusetts Bourne – Bourne Plaza, a 56,750 sq.ft center located at the intersection of Clay Pond Road and Route 28, has a sub-dividable endcap of 36,325 sq.ft. available. Area demographics include a population of 27,869 within five miles earning $69,742 as the average household income. The average daily traffic count is 37,900 vehicles along Route 28. For more information, contact Mark
Saugus – Saugus Plaza, a 211,725 sq.ft. center located at the intersection of Route 1 and Walnut Street, has spaces of 2,300 sq.ft., 2,500 sq.ft., 3,300 sq.ft. and 6,400 sq.ft. available. Cotenants include Kohl’s, Modell’s, Carter’s, Bed Bath & Beyond, Hannaford, Rite Aid and Work N Gear. Area demographics include a population of 78,750 within three miles earning $81,256 as the median household income. Waltham – A 1,168 sq.ft. endcap space is available at a center along Lexington Street. Area retailers include Shaw’s, Panera Bread, Friendly’s, Bank of America, Citizen’s Bank and McDonald’s. Area demographics include a population of 33,246 within two miles earning $124,169 as the average household income. The average daily traffic count is 33,000 vehicles. For more information regarding Saugus Plaza, contact Dan Backer, Adam Conviser or Jim Conviser, Conviser Property Group, 858 Washington Street, Suite 306, Dedham, MA 02026; 781-320-0600, Fax 781-791-4955; Email: danb@conviserpg.com; Web site: www.conviserpg.com. For more information regarding the Waltham property, contact Adam Conviser; Email: adam@conviserpg.com. Worcester – A 1,500 sq.ft. former donut shop with a drive-thru is available at a center along West Boylston Street. Cotenants include Verizon Wireless, Supercuts and Big Al’s Sandwich Shop. The average daily traffic count is 26,400 vehicles. The asking rent is $8 psf NNN. For more information, contact Adam Conviser or Jordan Farber, Conviser Property Group, 858 Washington Street, Suite 306, Dedham, MA 02026; 781-320-0600; Email: adam@conviserpg.com.
Nevada Las Vegas – Vista Commons, located at the intersection of Desert Foothills Drive and West Charleston Boulevard, has a space available. Cotenants include Albertson’s, Broken Spoke Bike Shop, Bank of America, Dunkin’ Donuts, Krayving’s and Subway. Area demographics include a population of 70,691 within three miles earning $96,436 as the average household income. The average daily traffic count is 18,000 vehicles along Charleston Boulevard. North Las Vegas – Civic Center Plaza, located at the Dealmakers Magazine | www.dealmakers.net
SPACE PLACE Nevada
New York
New York
intersection of Lake Mead Boulevard and Civic Center Drive, has inline and anchor spaces available, along with pad sites. Cotenants include La Bonita, El Pollo Loco, H&R Block, Corona Furniture and Babyland. Area demographics include a population of 103,223 within two miles earning $40,125 as the average household income. For more information regarding Vista Commons, contact Dan Adamson or Brian Sorrentino, ROI Commercial Real Estate, 7100 West Smoke Ranch Road, Suite 100, Las Vegas, NV 89128; 702-363-3100 Ext. 112/102, Fax 702-363-0450; Email: dan@roicre.com; Web site: www.roicre.com. For more information regarding Civic Center Plaza, contact Dan Adamson or Deron Conway, 702-363-3100 Ext. 101; Email: dc@roicre.com.
For more information, contact Ryan Condren, Kristina Triglia or George Danut, CPEX Real Estate, 350 Livingston Street, 1st Floor, Brooklyn, NY 11217; 718-6874212/4206/4220, Fax 718-935-1822; Email: rcondren@cpexre.com; Web site: www.cpexre.com.
For more information, contact Robert Delavale, Breslin Realty, 516-741-7400 Ext. 230; Email: rdelavale@breslinrealty.com.
New Jersey Lodi – Essex Street Plaza, a 16,000 sq.ft. center located at the intersection of Essex Street and Route 17, has a space of 1,000 sq.ft. available. Cotenants include Capital One Bank, 7-Eleven, Rita’s Water Ice, Verizon Wireless and Muscle Maker Grill. Area demographics include a population of 599,268 within five miles earning $80,726 as the average household income. The average daily traffic count is 70,000 vehicles along Route 17. For more information, contact Neil Doornheim or Michael Ambrosi, ARC Properties, Inc., 973-249-1311/1000 Ext. 116; Email: ndoornheim@arcproperties.com; Web site: www.arcproperties.com; or Alan Goldstein, The Goldstein Group, 201-7039700; Email: agoldstein@thegoldsteingroup.com. Montclair – A 1,450 sq.ft. space is available at The Crane Building located along Bloomfield Avenue. Area demographics include a population of 144,225 within three miles earning $105,029 as the average household income. For more information, contact Neal Richards, Vanguard Realty, Inc., 195 Columbia Turnpike, Florham Park, NJ 07932; 973-443-9700 Ext. 15, Fax 973-9660123; Web site: www.vanguardsite.com.
New York Brooklyn – A 6,741 sq.ft. ground floor space is available along Smith Street, between 4th Street and 5th Street. Area retailers include Momofuku Milk Bar, Buttermilk Channel, Prime Meats, Frankie’s, HBH Gourmet Sandwiches and Hyperakt. The asking rent is $35 psf. Dealmakers Magazine | www.dealmakers.net
New Rochelle – Palmer Square, a 75,000 sq.ft. center located at the intersection of Petersville Road and Potter Avenue, has a space of 11,770 sq.ft. available. Cotenants include Marshalls. For more information, contact Aggie Rigos, Rosenshein Associates, 555 South Barry Avenue, Mamaroneck, NY 10543;
Medford – Medford Plaza, located along Horseblock Road, has spaces from 1,269 sq.ft. to 16,500 sq.ft. available. Cotenants include Island Recreational, Krazy Kids and Dunkin’ Donuts. (continued on page eighteen) 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
Got space? Find your missing tenant.
Over 6,000 retail chains are listed in the national edition
www.tenantsearch.com | 1.800.732.5856
July 18, 2014 | Page 17
SPACE PLACE New York (continued from page seventeen)
914-698-3600, Fax 914-698-3939; Email: aggie@rosensheinassocs.com. New York – A 6,451 sq.ft. ground floor space, a 5,100 sq.ft. second floor space, and a 6,190 sq.ft. basement, are all available along West 34th Street, between 5th Avenue and 6th Avenue. Area retailers include Aldo, Geox, Aeropostale, Zara, Levi’s, Express, Nike, Banana Republic and Fossil. For more information, contact GA Keen Realty Advisors, LLC, 646-381-9222; Web site: www.greatamerican.com/keen. New York – A 2,600 sq.ft. ground floor space, with 1,004 sq.ft. lower level space, and a 960 sq.ft. mezzanine, are all available along Walker Street. Also – A 375 sq.ft. street level space is available along Rivington Street, between Norfolk Street and Suffolk Street. Area demographics include a trade-area population of 100,035 earning $99,022 as the average household income. Also – A 10,500 sq.ft. ground floor space, a 10,500 sq.ft. second floor space, a 10,500 sq.ft. third floor space, and a 10,500 sq.ft. lower level space, are all available along Park Row, between Ann Street
New York
North Carolina
and Beekman Street. Area retailers include CVS, Duane Reade, McDonald’s, AT&T, Dunkin’ Donuts and Burger King. Area demographics include a trade area population of 61,000 earning $214,000 as the average household income. For more information regarding the Walker Street property, contact Will Suarez, Massey Knakal, 205 Montague Street, 3rd Floor, Brooklyn, NY 11201; 212-660-7753, Fax 718-2386091; Email: gosuarez@masseyknakal.com; Web site: www.masseyknakal.com. For more information regarding the Rivington Street property, contact Ryan Reszelbach, 212-696-2500 Ext. 7782; Email: rreszelbach@masseyknakal.com. For more information regarding the Park Row property, contact Will Suarez or Ryan Reszelbach.
Area demographics include a population of 232,330 within five miles earning $67,354 as the average household income. For more information, contact Malachite Group Ltd., 48 East Old Country Road, Suite 203, Mineola, NY 11501; 516877-1677, Fax 516-877-1680; Web site: www.malachitegroup.com.
North Carolina Wallace – Wallace Crossing, a 117,992 sq.ft. center located along North Norwood Street, between Wells Street and East Lanier Street, has spaces from 1,000 sq.ft. to 70,000 sq.ft. available, some of which can be combined. Cotenants include Herbalife.
Pennsylvania Frazer – Lincoln Court Plaza, a 210,000 sq.ft. center located along Lancaster Avenue, has spaces from 1,000 sq.ft. to 20,000 sq.ft. available. Cotenants include Giant, Rite Aid, Carrabba’s, Dollar Tree, Firehouse Subs, Sign-A-Rama, Supercuts and Dairy Queen. Area demographics include a population of 81,800 within five miles earning $128,976 as the average household income. The average daily traffic count is 20,811 vehicles. For more information, contact Michael Palladino, Amazing Space Properties, 50 B Greenfield Avenue, Suite 201, Ardmore, PA 19003; 610-585-1582; Email: palladinodevelopment@verizon.net; Web site: www.palladinodevelopment.com. DM
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QUALITY High Quality Grocery-Anchored Shopping Centers
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