Reporting The Nation’s Weekly News on Retailing & Retail Real Estate Volume XXVIII No. XXXIII
August 30, 2013
FEATURING home-related Chains Expand Nationwide Menard, Inc. trades as Menards at 280 locations throughout IA, IL, IN, KY, MI, MN, MO, ND, NE, OH, SD, WI and WY. The stores, offering appliances, electrical, flooring, outdoor and paint supplies, occupy spaces of 160,000 sq.ft. to 250,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the Midwest region of the U.S. during the coming 18 months. Preferred cotenants include Meijer, Target, Sam’s Club and Walmart. Preferred demographics include a population of 100,000 within 10 miles. Major competitors include Home Depot and Lowe’s Home Improvement. For more information contact Director of Real Estate, Menard, Inc., 5101 Menard Drive, Eau Claire, WI 54703; 715-876-2532, Fax 715876-5998; Email: properties@menard-inc.com; Web site: www.menardsrealestate.com. Room & Board operates 14 locations throughout CA, CO, GA, IL, MA, MN, NY, WA and Washington, DC. The stores, offering cotemporary home furnishings, occupy spaces of 25,000 sq.ft. to 35,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout northern NJ during the coming 18 months, with representation by The Goldstein Group. For more information, contact Chuck Lanyard, The Goldstein Group, 45 Eisenhower Drive, Paramus, NJ 07652; 201-7039700 Ext. 115, Fax 201-703-9678; Email: clanyard@thegoldsteingroup.com; Web site: www.thegoldsteingroup.com.
McCoy Corp. trades as McCoy’s Building Supply Center at 84 locations throughout AR, MS, NM, OK and TX. The hardware and lumber supply centers occupy spaces of 18,000 sq.ft. in freestanding locations. Plans call for two openings throughout TX during the coming 18 months. Preferred demographics include a population of 30,000 within five miles. Major competitors include Home Depot, Lowe’s Home Improvement and Sutherland. For more information, contact Phil Hutchinson, McCoy Corp., PO Box 1028, San Marcos, TX 78667; 512-353-5400, Fax 512-805-6778; Email: phutchinson@mccoys.com; Web site: www.mccoys.com. Harbor Freight Tools operates 380 locations nationwide. The stores, offering power, hand and air tools, building materials, automotive products, household items and lawn and garden supplies, occupy spaces of 15,000 sq.ft. in neighborhood, power or regional shopping centers. Growth opportunities are sought throughout northern Los Angeles County in CA during the coming 18 months, with representation by Irish Commercial Brokerage, Inc. The company prefers to locate in second-generation spaces. For more information, contact Kevin Barry, Irish Commercial Brokerage, Inc., 2603 Maple Avenue, Manhattan Beach, CA 90266; 424-2412341, Fax 310-796-0680; Email: kevin@irishcb.com; Web site: www.irishcb.com. (continued on page seven)
This issue contains information on: • Retailers operating 23,529 locations with plans to open 1,960 sites • Real estate valued in excess of $50 million to be bought, sold & financed • Leasing activity on over 4.1 million sq.ft. of retail properties s New rtantpedite o p x Im se E Plea
Postmaster: Periodical
Pre-showICSC PA/NJ/DE Idea exchange New Construction Koniver Stern Group to develop lifestyle center in FL.................... Pg. 3 Buyers & Sellers Transwestern markets Rite Aid stores in the southeast................. Pg. 4 Who’s Opening & Where Another Broken Egg plans 10 openings..................................... Pg. 5 Harris & Teeter hot for North Carolina..................................... Pg. 5 Food Chains Expand Anthony’s Coal Fired Pizza aggressive with growth in the northeast.................................... Pg. 6 Sources of Financing Meridian Capital Group refinances several retail sites.......................... Pg. 7 Making The News The Feil Organization taps director of leasing....................... Pg. 7 Exclusives Jameson Commercial reps Children’s House........................ Pg. 8 Lease Signings L3 Corp. inks a 20,000 square foot deal with Total Hockey........ Pg. 8 Elmore Realty finalizes lease with Mighty Dollar for junior anchor space.......................................... Pg. 8 Lead Sheet Laundry Systems to enter Texas
Pg. 10
Petsen$e eyes growth in the northeast and northwest markets Pg. 11 Charles David focus on lifestyle centers nationwide..................... Pg. 11 Space Place................................ Pg. 14
JERSEY MIKE’S CONTINUES NATIONAL EXPANSION >>> Strong Focus on East Coast Growth One of the country’s fastest growing fast-casual concepts Jersey Mike’s Subs, known for its fresh sliced/fresh grilled Jersey Shore-style subs, continues its national expansion with the opening of two new East Coast markets: New York (Market #34) and Delaware (Market #35). The popular sub chain is now in most major metro areas including Chicago, Manhattan and Washington, DC. With more than 100 restaurants in California alone and many more on the way throughout the nation, authentic Jersey Mike’s subs are now available in more than 650 locations from coast to coast. “Last year, Jersey Mike’s experienced record-setting growth and we are on track to blow by that in 2013,” said Mike Parkhill, Senior Vice President, Director of Real Estate, Jersey Mike’s Subs. “Finding A locations is one of our biggest challenges and we are gratified that as our brand grows across the country, landlords are now seeking us out to be in their centers.” Started at the Jersey Shore in 1956, Jersey Mike's continued its steady growth in 2012 opening 92 new restaurants throughout the country, a 33 percent increase in new store growth over 2011. Recently, Technomic ranked Jersey Mike’s the 3rd fastest-growing restaurant chain with sales above $200 million and the company was named one of the top 10 growth companies based on U.S. systemwide sales in the 2013 Nation’s Restaurant News Second 100 ranking. Jersey Mike’s ranked #1 in growth in the sandwich segment. RestauRant VeteRans Join BRand A big part of the growth comes from restaurant industry veterans who are looking to expand their portfolios and have enthusiastically embraced the Jersey Mike’s concept, according to Parkhill. In recent years, many multi-brand, multi-unit operators with extensive operational experience and strong financing have joined up with Jersey Mike’s. “Many of our franchise partners bring decades of knowledge and operational expertise from major brands including Hardee’s, Dunkin’ Donuts, Little Caesars, Smashburger, Wingstop and others,” Parkhill said. “They are attracted by our fresh, quality product, distinctive culture and strong business model.” This interest is no surprise as Jersey Mike’s wins best sub awards in virtually every market it enters. Jersey Mike's has passionate fans
throughout the country who crave their subs made Mike's Way™ with onions, lettuce, tomatoes and a signature olive oil blend, red wine vinegar and spices. The company uses only private labeled meats and cheeses that are sliced fresh for each sub sandwich and piled high on in-store baked bread. Jersey Mike’s culture also sets the brand apart. “Giving...making a difference in someone’s life” has always been a guiding principle at Jersey Mike’s. It’s a philosophy that Jersey Mike’s founder and CEO, Peter Cancro (who opened his first store when he was only 17 years old, before he could even legally operate the slicer), has emphasized to each and every Jersey Mike’s store owner: support the community that supports you. Since 2010, locations throughout the country have raised nearly $7 million for worthy local charities and distributed more than 500,000 free sub sandwiches to help numerous causes. This past March, Jersey Mike’s celebrated its 3rd Annual “Month of Giving,” a national fundraising campaign, raising $1.7 million for 86 local charities. east Coast GRowth Among other regions, Jersey Mike’s is pursuing strong development efforts on the East Coast. The company opened, to long lines, its first Manhattan location, in the Financial District, in July and has a second restaurant planned to open in Midtown in September. “In addition to New York City, we are also growing in New Jersey and Eastern Pennsylvania, including the Philadelphia area,” said Parkhill. “We also just opened the first Jersey Mike’s restaurant in the state of Delaware, in Rehoboth Beach, in July and have additional units planned.” By next year, Jersey Mike’s expects to open another 25 restaurants in New York and New Jersey alone. “We love sharing the Jersey Mike’s experience with local landlords because once they feel the energy in the restaurant, taste an authentic Jersey Shore-style sub and see the traffic into the store, they want us in their location,” Parkhill said. “Above all, we are focused on smart growth with the right franchisees in the right locations.”
For more information, please contact Mike Parkhill, Senior Vice President, Director of Real Estate, 732-208-0900, MParkhill@jerseymikes.com. A store locator, franchise information and real estate details for Jersey Mike’s can be found at www.jerseymikes.com.
new construction Koniver Stern Group is preleasing a 120-acre mixed-use lifestyle development located at the intersection of Northwest 54th Street and Northwest 87th Avenue in Doral, FL. The property features an 80,000 sq.ft. retail component for the initial phase. Area draws include Doral Golf Course. For more information, contact Arthur Shifrin or Mickey Finkle, Koniver Stern Group, 1665 Washington Avenue, Penthouse, Miami Beach, FL 33139; 352-284-0715/305-532-6100 Ext. 245; Emails: arthur@koniversterngroup.com and mickey@koniversterngroup.com; Web site: www.koniversterngroup.com.
President/Publisher Ann O’Neal • ann@dealmakers.net Editor Erin Dunkley • erin@dealmakers.net Editor Stephanie Weaver • stephanie@dealmakers.net Art Director Anthony Pingicer • anthony@dealmakers.net Director of Business Development Brenda Buchanan • brenda@dealmakers.net Account Executive Jacqueline Pelicano • jp@dealmakers.net Research Assistant Brenda Robinson • brendar@dealmakers.net Customer Service custserv@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 $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 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 2013 by TKO Real Estate Advisory Group Inc. 609-587-6200, fax 609-587-3511.
Dealmakers Magazine | www.dealmakers.net
Pacific Integrated Capital, Inc. is preleasing Vineyard Jourdan Plaza, a 4,100 sq.ft. strip center situated on a 12,000 sq.ft. land area between Vineyard Avenue and Jourdan Avenue in Oxnard, CA. Spaces from 725 sq.ft. to 945 sq.ft. are available. Area retail includes Target, McDonald’s, Subway, Amigo Diner and Whole Foods. Area demographics include a population of 232,796 within five miles earning $76,193 as the average household income. The average daily traffic count is 8,100 vehicles. The center is slated to open during January 2014. The asking monthly rent is $2 psf. For more information, contact Bruce Mehdiani, Pacific Integrated Capital, Inc., 15477 Ventura Boulevard, Sherman Oaks, CA 91403; 818-917-7424, Fax 818-8591066; Email: bruce.me@sbcglobal.net; Web site: www.intelrealestate.com. Redevco Management is preleasing Gables Pointe Plaza, an 11,842 sq.ft. strip center situated on 1.07 acres at the intersection of South Dixie Highway and Grand Avenue in Coral Gables, FL. Spaces of 1,162 sq.ft. to 5,000 sq.ft. are available. Area demographics include a population of 1.224 million within a 10-mile radius. The average daily traffic count is 85,000 vehicles along Dixie Highway. The center is slated to open during the second quarter of 2015. The asking rent is $55 psf. The site is in close proximity to the Metrorail, Metro-Bus and Coral Gables trolley. For more information, contact Jessica Heinecker, Redevco Management, 11098 Biscayne Boulevard, Suite 103, Miami, FL 33161; 305-981-0888; Email: jheinecker@redevco.com; Web site: www.redevco.com. CenterCal Properties, LLC is redeveloping Nyberg Rivers, a shopping center located west of Interstate 5 and north of Southwest Nyberg Street in Tualatin, OR. Cotenants will include Cabela’s. For more information, contact CenterCal Properties, LLC, 7455 Southwest Bridgeport Road, Suite 205, Tigard, OR 97244; 503968-8940; Web site: www.centercal.com. Joseph Property Development, LLC is developing a retail center at the site of a former automobile dealership situated on eight acres in West Allis, WI. For more information, contact Robert Joseph, Joseph Property Development, LLC, 117 N. Jefferson Street, Suite 200, Milwaukee, WI 53202; 414-2777725, Fax 414-277-7770; Web site: www.josephpropertydevelopment.com.
Feldco Development Corp. is developing Tremont Crossing, a 1.5 million sq.ft. project situated on eight acres along Access Drive in Boston, MA and featuring a 420,000 sq.ft. retail component, a 200,000 sq.ft. office component, a 300-unit residential component and a 1,500-space parking garage. Area draws include Longwood Medical Area. Area demographics include a population of 355,069 within a five-mile radius earning $80,441 as the average household income. The center is slated to open during spring of 2016. The company is also developing West Bridgewater Commons, a 467,000 sq.ft. development situated on 57 acres at the intersection of Route 24 and Route 106 in West Bridgewater, MA. Spaces from 2,500 sq.ft. to 80,000 sq.ft. are available. Area retailers include Walmart, Subway, Hess, Dunkin’ Donuts, Lowe’s Home Improvement, Chili’s, Wendy’s and the Westgate Mall, featuring Best Buy, Macy’s, Sears and Old Navy. Area demographics include a population of 374,493 within a 10mile radius earning $78,046 as the average household income. For more information regarding Tremont Crossing, contact Greg Feldman, Feldco Development Corp., 220 Elm Street, Suite 104, New Canaan, CT 06840; 203-9669933; Email: greg@feldcodevelopment.com. For more information regarding the West Bridgewater Commons property, contact Feldco Development Corp. For leasing information regarding West Bridgewater Commons, contact Mark Shair, M & J Associates, Inc., 120 Wells Avenue, Newton, MA 02459; 617-630-4988; Email: mshair123@msn.com. Winick Realty Group, LLC is exclusively marketing the redevelopment of a 34-story luxury apartment building located along West 30th Street in New York, NY during 2014. Four ground level retail spaces are available. For more information, contact Winick Realty Group, LLC, 655 3rd Avenue, 8th Floor New York, NY 10017; 212-792-2600; Web D site: www.winick.us. M
For Press Coverage on your proposed or new construction or redevelopment project send marketing brochures to ann@dealmakers.net
August 30, 2013 | Page 3
buyers and sellers Newmark Grubb Knight Frank Capital Markets negotiated the sale of a six-property portfolio consisting of 18,026 sq.ft. along North Miami Avenue in the Wynwood section of Miami, FL for $7.4 million. For more information, contact Michael Lapointe, Adam Greenberg, Robi Das, Krystelle Lopez or Mariano Perez, Newmark Grubb Knight Frank Capital Markets, 1001 Brickell Bay Drive, Suite 2502, Miami, FL 33131; 305-350-0915, Fax 305-3720111; Emails: mlapointe@ngkf.com; agreenberg@ngkf.com; rdas@ngkf.com; klopez@ngkf.com and mperez@ngkf.com; Web site: www.ngkf.com.
Retail Solutions is selling one to threeacre pad sites located at the intersection of Highway 281 and Ash Drive in Johnson City, TX. Area retailers include Lowe’s, Dairy Queen and Subway. Area demographics include a population of 4,174 within a 10mile radius earning $71,214 as the average household income. The average daily traffic count is 7,100 vehicles. The asking price is $10 psf. For more information, contact TJ Powell, Retail Solutions, 3724 Executive Center Drive, Suite 220, Austin, TX 78731; 512474-5557; Email: tj@retailsolutions.us; Web site: www.retailsolutions.us.
The Boulder Group negotiated the sale of a 7,008 sq.ft. AutoZone situated on a 40,843 sq.ft. land area located along Hacks Cross Road in Olive Branch, MS. At the time of sale, the tenant was bound to a NNN lease with seven years remaining on the initial lease and featuring rent escalations of 10%. The property was acquired for $1.075 million. The company represented the seller in the transaction. For more information, contact Randy Blankstein, The Boulder Group; 847-5620003; Email: randy@bouldergroup.com; Web site: www.bouldergroup.com.
Transwestern negotiated the sale of a 10,908 sq.ft. Rite Aid situated on 1.37 acres along North Harper Street in Laurens, SC. At the time of sale, the tenant was bound to a lease with 6.5 years remaining on the initial term. The company is selling a 13,065 sq.ft. Rite Aid situated on 2.4 acres along Degraffenreid Avenue in New Bern, NC. The asking price is $2.616 million with a Cap rate of 12.5%. The company is also selling a 10,908 sq.ft. Rite Aid situated on 1.45 acres along Highway 153 in Hixson, TX. The asking price is $2.7 million with a Cap rate of 8.59%. The company is also selling an 11,304 sq.ft. Rite Aid situated on 1.53 acres along Madison Street in Clarksville, TN. The asking price is $2.13 million with a Cap rate of 10.6%. For more information, contact Marc Imren or Andrew Watson, Transwestern, 200 West Madison Street, Suite 3300, Chicago, IL 60606; 312-881-7066/7065; Emails: marc.imren@transwestern.net and andrew.watson@transwestern.net; Web site: www.transwestern.net.
Century 21 is selling two retail properties situated on a land area of 10,889 sq.ft. along Boardwalk Place East in Madeira Beach, FL. The properties are 100% occupied. Area draws include the John Pass Boardwalk. The asking price is $1.8 million. For more information, contact Patricia Miller, Century 21; 727-3982774, Fax 727-392-6027; Email: pat.miller1@century21.com.
Marcus & Millichap is selling Coventry Crossing, a 20,752 sq.ft. shopping center situated on 5.65 acres at the intersection of Arnold Road and New London Turnpike in Coventry, RI. CVS anchors the center and tenants include Dunkin’ Donuts, RadioShack and Webster Bank. Area demographics include a trade-area population within five miles earning $81,757 as the average household income. The asking price is $11.849 million with a Cap rate of 6.54%. The company is also selling a 2,398 sq.ft. Burger King located along Maverick Square in Boston, MA. The tenant is bound to a NN lease featuring three years remaining on the initial term and three, 10-year options. Area demographics include a population of 288,628 within a three-mile radius earning $89,335 as the average household income. The NOI is $34,543. The asking price is $550,000 with a Cap rate of 6.28%. The company is also selling Jasko Plaza, a 19,797 sq.ft. neighborhood shopping center situated on 1.6 acres along South Main Street in New Britain, CT. The property is 100% occupied and tenants include Columbia Dental, Yousef Karate, Fatherland Restaurant, Goodlife Liquors and Divine Day Time Spa. Area draws include New Britain Stadium. The average daily traffic count is 63,300 vehicles. The NOI is $204,807. The asking price is $2.4 million with a Cap rate of 8.53%. The company is also selling a 30,000 sq.ft. mixed-use property located along Washington Street in New London, CT. The property features a 19-unit apartment component and leasable commercial space of 12,975 sq.ft. The NOI is $242,493. The asking price is $3.13 million. For more information regarding the Coventry Crossing or Burger King properties, contact Todd Tremblay or Robert Horvath, Marcus & Millichap ; 781-373-7120/7123; Emails: todd.tremblay@marcusmillichap.com and robert.horvath@marcusmillichap.com. For more information regarding Jasko Plaza or New London properties, contact Laurie Ann Drinkwater or Seth J. Richard; 203-672-3330/212430-5159, Fax 203-663-8222; Emails: laurieann.drinkwater@marcusmillichap.com D and seth.richard@marcusmillichap.com. M
download our app for your ios or android device! Marcus & Millichap is selling Coventry Crossing in Conventry, RI. Page 4 | August 30, 2013
www.dealmakers.net/apps Dealmakers Magazine | www.dealmakers.net
who’s opening and where Wal-Mart Stores, Inc. (479-273-4000) is planning to open a 42,000 sq.ft. Walmart Neighborhood Market at the intersection of Gilmer Road and Heritage Boulevard in Longview, TX during 2014. The company is also slated to open a 189,544 sq.ft. Walmart Supercenter at Hampstead Town Center, a 250,000 sq.ft. retail development located along Market Street in New Hanover County, NC during 2014. The company, offering produce, household supplies, health and beauty items and a pharmacy, trades as Walmart, Walmart Supercenter and Walmart Neighborhood Market and currently operates more than 9,000 locations nationwide and internationally, including 380 locations throughout Canada. Another Broken Egg Café of America, Inc. (850-424-5157), along with Cojak Investments, LLC, is planning to open 10 Another Broken Egg Café restaurants throughout central and northern FL, including locations in Jacksonville opening during spring 2014; Orlando opening during winter 2014 and throughout Tallahassee, Daytona Beach and Gainesville. The company is also opening a location in Fairhope, AL during fall 2014. The company, offering breakfast and lunch items, will operate 30 restaurants nationwide by the end of this year. Harris Teeter, Inc. (704-844-3100) is planning to open a 90,000 sq.ft. Harris Teeter supermarket at the Shops at Erwin Mills, located at the intersection of Ninth Street and Hillsborough Road in Durham, NC during 2014. The company is also slated to open a location at the intersection of Creedmoor Road and Millbrook Road in northern Raleigh, NC, as well as a store at Parkside Town Commons, located at the intersection of O’Kelly Chapel Road and NC Route 55 in Cary, NC during 2014.
Meijer, Inc. (616-453-6711) is planning to open a 190,000 sq.ft. Meijer supercenter at the intersection of U.S. Route 30 and Wolf Road in Mokena, IL during summer 2014, along with a location scheduled to open in Homer Glen, IL during 2014. The company, headquartered in Grand Rapids, MI and offering grocery items, family apparel, sporting goods and electronics, along with home and patio furnishings, currently operates more than 200 stores throughout IL, IN, KY, MI, OH and WI.
REI (800-426-4840) is planning to open a 23,500 sq.ft. REI store at Papermill Plaza, located at the intersection of Papermill Road and Kingston Road in West Knoxville, TN during fall 2014. The store will feature a bike shop and a community space used to host outdoorrelated events. The company, headquartered in Seattle, WA and offering outdoor apparel for men, women and children, footwear, camping gear, and accessories, as well as travel items, currently operates more than 129 locations throughout 32 states nationwide.
Lord & Taylor, LLC (212-391-3344) is planning to open a two-story, 100,000 sq.ft. Lord & Taylor department store at the site of a former Macy’s at Crossgates Mall, a 1.7 million sq.ft. shopping center located in Albany, NY during fall 2014. The company, offering men and women’s apparel, footwear and accessories, currently operates 48 fullline department stores throughout 10 states and the District of Columbia.
Costco Wholesale Corp. (425-313-8100) is planning to open a Costco wholesale club situated on 14 acres at the intersection of Interstate 10 and Grand Parkway in Katy, TX during spring 2014. It will be the company’s fourth location in the Houston, TX area.
Sleepy’s (866-753-3797) is planning to open a store at Home Depot Plaza, located at the intersection of 159th Street and Harlem Avenue in Orland Park, IL. The company will join Five Guys Famous Burgers and Fries at the shopping center. The company, based in Brooklyn, NY and offering mattresses, bedding and sleep-related accessories, currently operates more than 900 locations from ME to NC. Toys “R” Us, Inc. (973-617-3500) is planning to open nine Toys “R” Us outlet stores and remodel 10 Toys “R” Us /Babies “R” Us combination locations throughout the U.S. The company also is slated to open or remodel more than 80 locations internationally.
Whole Foods Market, Inc. (512-477-4455) is planning to open a Whole Foods supermarket at the Turnpike Plaza in Nashua, NH during 2014. The chain, offering organic and natural food items, currently operates more than 355 specialty supermarkets nationwide, as well as in Canada and the United Kingdom. Trader Joe’s Co. (626-599-3700) is planning to open a Trader Joe’s at the site of a former Shapes Total Fitness Center at the intersection of Swann and Dale Mabry in southern Tampa, FL. The company, offering organic and natural products, currently operates nearly 400 specialty grocery stores throughout 35 states nationwide. Eddie Bauer, LLC (800-426-8020) opened Eddie Bauer Outdoor, a new concept store at Orland Square Mall in Orland, IL. The company operates two of the new concept stores, which carry casual apparel for outdoor activities. DM
Arhaus Furniture (866-427-4287) is planning to open a store at NorthPark Centre in Dallas, TX during summer 2014. The company will be one of 10 new retailers opening in the shopping center and will join Neiman Marcus, Dillards, Spanx, AMC Theaters, Green House Market, J. Crew, Macy’s and Rolex. The company, offering housewares, furniture and outdoor accessories, currently operates 43 locations nationwide. Babalu Tacos & Tapas (601-366-5757) is opening a 5,000 sq.ft. restaurant at the site of a former T.G.I. Friday’s at Overton Square in Memphis, TN during 2014. The company, offering tacos, burgers, sandwiches, cocktails and wine, currently operates one location in Jackson, MS. Dealmakers Magazine | www.dealmakers.net
REI plans to open a store in West Knoxville, TN during fall 2014. August 30, 2013 | Page 5
food chains expand nationwide Anthony’s Coal Fired Pizza operates 34 locations throughout CT, DE, FL, NJ, NY and PA. The pizzerias occupy spaces of 2,800 sq.ft. to 4,000 sq.ft. in endcaps of shopping centers or freestanding locations. Growth opportunities are sought nationwide, primarily throughout the northeastern U.S., during the coming 18 months, with representation by Sabre Real Estate Group, LLC. Preferred demographics include a trade-area population earning more than $100,000 as the average household income. BareBurger operates 14 locations throughout NY. The restaurants occupy spaces of 2,500 sq.ft. to 5,000 sq.ft. in endcaps of shopping centers or freestanding locations. Growth opportunities are sought throughout the metropolitan New York, NY area during the coming 18 months, with representation by Sabre Real Estate Group, LLC. For more information regarding Anthony’s Coal Fired Pizza, contact Jayson Siano or Greg Batista, Sabre Real Estate Group, LLC, 500 Old Country Road, Suite 209, Garden City, NY 11530; 516-874-8070 Ext. 501/515; Emails: jayson@sabreny.com and greg@sabreny.com; Web site: www.sabreny.com. For more information regarding BareBurger, contact Jayson Siano, Greg Batista, Scott Sher or Russel Helbling; 516-874-8070 Ext. 514/506; Emails: scott@sabreny.com and russel@sabreny.com. Hurricane Grill & Wings operates 35 locations nationwide. The restaurants occupy spaces of 4,000 sq.ft. to 6,000 sq.ft. on endcaps or inline spaces of shopping centers, as well as freestanding locations. Growth opportunities are sought throughout Hudson Valley, Long Island, Queens and Westchester, NY during the coming 18 months, with representation
by Charter Realty and Development Corp. The company prefers to locate in areas with high traffic counts. For more information, contact Peter Levine, Charter Realty and Development Corp, 183 Main Street, Westport, CT 06880; 203-683-1567; Email: peter@chartweb.com; Web site: www.chartweb.com. Kahwa Coffee operates five locations in St. Petersburg and Tampa, FL. The coffee shops occupy spaces of 800 sq.ft. to 2,000 sq.ft. on endcaps of shopping centers or pad sites. Plans call for 10 to 12 openings throughout the Tampa Bay, FL area during the coming 18 months, with representation by Gulf Coast Commercial, LLC. For more information, contact Whit Taylor or Dan Disbro, Gulf Coast Commercial, LLC, 1704 North B Street West, Tampa, FL 33606; 813-480-0730/727-252-3776; Emails: whit@gulfcoastcommercial.com and dan@gulfcoastcommercial.com; Web site: www.gulfcoastcommercial.com. Moe’s Southwest Grill operates more than 440 locations throughout 33 states nationwide, as well as internationally. The fast-casual restaurants occupy spaces of 2,200 sq.ft. in endcaps and inline spaces of regional shopping centers, as well as freestanding locations. Growth opportunities are sought throughout select markets in CT during the coming 18 months, with Saugatuck Commercial Real Estate, LLC. For more information, contact Dan Neaton or Penny P. Wickey, Saugatuck Commercial Real Estate, LLC, 9 Burr Road, Westport, CT 06880; 203-222-4188/4194; Emails: dneaton@saugatuckcommercial.com and pwickey@saugatuckcommercial.com; Web site: www.saugatuckcommercial.com.
The Olive Garden operates more than 800 locations nationwide and internationally. The casual dining Italian restaurants occupy spaces of 7,500 sq.ft. in power centers. Plans call for eight openings throughout AZ during the coming 18 months, with representation by Colliers International. The company requires a land area of 70,000 sq.ft. Preferred cotenants include Super Target and Walmart Supercenter, as well as sites in close proximity to regional malls. For more information, contact Tom Woods or Brian Woods, Colliers International, 2390 East Camelback Road, Suite 100, Phoenix, AZ 85016; 602-222-5031/5026, Fax 602222-5001; Emails: tom.woods@colliers.com and brian.woods@colliers.com; Web site: www.colliers.com/phoenix.com. Church’s Chicken operates more than 1,700 locations nationwide and internationally. The fast-food restaurants occupy spaces of 2,000 sq.ft. to 3,000 sq.ft. in strip, regional and power centers, as well as malls. Growth opportunities are sought throughout MD, northern VA and Washington, DC during the coming 18 months, with representation by Solomon Real Estate, Inc. The company will also consider locating in kiosks. Preferred average daily traffic counts include 20,000 vehicles. For more information, contact Steve Solomon, Solomon Real Estate, Inc., 3341 Benning Road Northeast, Washington, DC 20019; 301-230-5801, Fax 301-816-7995; Email: steve@solomonreal.com. Pizza 90 operates one location in Irvine, CA. The pizzeria occupies spaces of 2,000 sq.ft. to 3,000 sq.ft. in urban storefronts, endcaps of shopping centers, pad sites and freestanding locations. Growth opportunities are sought throughout CA during the coming 18 months, with representation by Morris Commercial Real Estate. The company prefers locations with patio seating near residential, office, hospitals, recreation and other traffic generators and requires a liquor license. For more information, contact Garry Morris, Morris Commercial Real Estate, 17337 Ventura Boulevard, Suite 303, Encino, CA 91316, Fax 818-8832673; Email: garymorris@morriscre.com; Web sites: www.morriscre.com and D www.pizza90.com. M
read our blog BareBurger is seeking growth opportunities throughout the metropolitan New York, NY area during the coming 18 months. Page 6 | August 30, 2013
www.dealmakers.net/blog Dealmakers Magazine | www.dealmakers.net
sources of financing Meridian Capital Group, LLC negotiated $13 million in refinancing for a 75,000 sq.ft. mixed-use property located along West 14th Street in New York, NY. The five-year balance sheet loan featured a fixed rate of 2.9% and was provided by a local bank. Tenants include New York Sports Club, Party City and Jack Rabbit Sports. The company also negotiated $4 million in refinancing for a 7,200 sq.ft. bi-level corner retail property located along Seventh Avenue in New York, NY. The 10-year balance sheet loan featured a fixed rate of 4% and was provided by a regional bank. The company provides loans ranging from $1 million to more than $500 million for retail, hotel, residential, mixeduse, industrial, healthcare and construction properties nationwide. For more information, contact Jonathan Stern, Meridian Capital Group, LLC, 1 Battery Park Plaza, 26th Floor, New York, NY 10004; 212-972-3600, Fax 212-612-0100; Email: jstern@meridiancapital.com; Web D site: www.meridiancapital.com. M
real estate professionals making the news
Velocity Retail Group (602-682-6020) hired Greg Coxon as chief operating officer. In his new role, Coxon will focus on growing its brokerage, development and asset management services. Prior to his new role, Coxon served as president of brokerage services at Grubb & Ellis. The company specializes in leasing, sales, tenant representation, sale/leaseback solutions, consulting, development and redevelopment services.
home-related chains expand nationwide (continued from page one)
Plow & Hearth operates 22 locations throughout MD, NC, NJ, PA, VA and Washington, DC. The stores, offering outdoor furniture and decorative items, home accents, apparel, footwear and garden supplies, occupy spaces of 5,000 sq.ft. to 6,000 sq.ft. in lifestyle centers. Growth opportunities are sought throughout the Mid-Atlantic and northeastern regions of the U.S. during the coming 18 months, with representation by Winick Realty Group. Major competitors include Home Depot. The company prefers to locate in affluent areas with high traffic counts. For more information, contact Jeff Winick, 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. Hammond Lumber Co. operates 12 locations throughout ME. The building supply centers occupy spaces of 25,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout York County, ME during the coming 18 months. Major competitors include Home Depot and Lowe’s Home Improvement. A land area of five to 20 acres is required. The company prefers to acquire sites. For more information, contact Michael Hammond, Hammond Lumber Co., PO Box 500, 2 Hammond Drive, Belgrade, ME 04917; 207-495-3303, Fax 207-495-2304; Email: mhammond@hammondlumber.com; Web site: www.hammondlumber.com. Gothic Cabinet Craft operates 34 locations throughout NJ and NY. The stores, offering
real wood furniture items and related accessories, as well as custom furniture items, occupy spaces of 2,500 sq.ft. to 25,000 sq.ft. in freestanding locations, inline spaces and endcaps of shopping centers. Growth opportunities are sought throughout Bronx, Brooklyn, Manhattan, Staten Island, Queens and Westchester, NY during the coming 18 months, with representation by Sholom & Zuckerbrot. The company will consider acquiring sites, as well as store relocations. For more information, contact Marc Durst, Sholom & Zuckerbrot, Kaufman Astoria Studios 35-11, 35th Avenue, Long Island City, NY 11106; 718-392-5959 Ext. 122, Fax 718937-6546; Email: mdurst@s-z.com; Web site: www.s-z.com. Mor Furniture for Less, Inc. trades as Mor Furniture for Less at 27 locations throughout AZ, CA, ID, NM, NV, OR and WA. The stores, offering bedroom, living room and dining room furniture, as well as home office and outdoor items, occupy spaces of 40,000 sq.ft. to 60,000 sq.ft. in freestanding locations, power and value centers. Growth opportunities are sought throughout CA, OR and WA during the coming 18 months. Typical leases run 10 years. A vanilla shell is required. Preferred cotenants include Home Depot, Ross Dress for Less, Target and Walmart. Preferred demographics include a population of 400,000 with 25 miles earning $50,000 as the average household income. For more information, contact Rick Haux Sr., 8996 Miramar Road, Suite 310, San Diego, CA 92126; 858-547-1616 Ext. 301, Fax 858547-1613; Email: ricksr@morfurniture.com; Web site: www.morfurniture.com. DM
The Feil Organization (212-563-6557) hired Nicholas Forelli as director of leasing. In his new role, Forelli will focus on the company’s leasing efforts throughout the NJ, Long Island and New York, NY metropolitan areas. Prior to joining the company, Forelli served as vice president at Muss Development, LLC. DM
like us on facebook
facebook.com/thedealmakers
follow us on twitter twitter.com/dealmakersmag
Gothic Cabinet Craft is seeking growth opportunities throughout Bronx, Brooklyn, Manhattan, Staten Island, Queens and Westchester, NY during the coming 18 months. Dealmakers Magazine | www.dealmakers.net
August 30, 2013 | Page 7
exclusives and leasing assignments The Goldstein Group (201-703-9700) has been appointed as the exclusive leasing agent for a retail property located along Broad Street in Elizabeth, NJ. The building has 35,800 sq.ft. of space available for ground lease. Area retail includes Rite Aid, McDonald’s, Dunkin’ Donuts, Bank of America, Blimpie, Payless ShoeSource, RadioShack, Wells Fargo Bank, The Children’s Place and Petland Discounts. The company has also been appointed as the exclusive leasing agent for a retail property located along Main Street in Passaic, NJ. The center has 6,300 sq.ft. of space available and area retailers include Foot Locker, PNC Bank, Family Dollar and Checker’s. The company has also been appointed as the exclusive leasing agent for a 3,900 sq.ft. former bank located along Market Street in Paterson, NJ. Area retail includes Marshalls, Verizon Wireless, TD Bank and Nathan’s. Vantage Point Retail (413-478-4416) is representing the following retailers with their expansion plans: Advance Auto Parts using spaces of 6,200 sq.ft. in endcaps of shopping centers or freestanding locations throughout eastern MA; b. Good occupying spaces of 2,000 sq.ft. to 2,500 sq.ft. in endcaps and inline spaces of shopping centers throughout the Boston, MA metropolitan area and NH; Bon Me Truck utilizing spaces of 1,000 sq.ft. to 1,500 sq.ft. in inline spaces of shopping centers or truck stops throughout the Boston, MA metropolitan area and Five Guys Famous Burgers and Fries in spaces of 2,000 sq.ft. to 2,400 sq.ft. in endcaps and inline spaces of shopping centers throughout Middlesex County, MA. 1st US Realty (508-591-3000) is representing CareWell Urgent Care with its expansion plans throughout New England. The medical care facilities use spaces of 2,500 sq.ft. to 4,000 sq.ft. in endcaps of shopping centers or freestanding locations. Preferred demographics include a trade-area population of more than 50,000 earning a median household income of at least $55,000. Preferred average daily traffic counts include 20,000 vehicles. The company prefers locations at signalized intersections. Jameson Commercial (847-287-7681) is representing Children’s House, a chain of daycare centers, with its expansion plans throughout Lakeview, North Center and Roscoe Village, IL. The company occupies spaces of 6,000 sq.ft. to 10,000 sq.ft. in street-front spaces and will also consider expanding into Bucktown or Logan Square, IL. The company prefers sites near parks with long-term leases. DM Page 8 | August 30, 2013
lease signings Taylor Long Properties (804-864-9788) negotiated the following leases throughout VA: with Zoup for 2,160 sq.ft. and Marina’s Spa for 900 sq.ft. at Parkside Marketplace in Glen Allen; with Ashland Martial Arts School for 2,800 sq.ft. at Ashland Hanover Shopping Center, located along North Washington Highway in Ashland, with the company representing the landlord in the transaction; with Davenport & Co. for 3,480 sq.ft. at Coleman Marketplace, located along Holt Garrison Highway in Danville, with the company representing the landlord in the transaction; with A CPU 4 U for 1,500 sq.ft. at Hickory Parks, located along Nuckols Road in Glen Allen, with the company representing the tenant in the transaction and with Tropical Smoothie for 1,454 sq.ft. at Statler Square in Staunton, with the company representing the landlord in the transaction. RKF (212-599-3700) negotiated a lease with Kate Spade Saturday for 3,000 sq.ft. along Spring Street, between Wooster and West Broadway, in the SoHo section of New York, NY. The company represented the landlord, Waterbridge Capital, and the tenant, along with Fandel Retail Group, in the transaction. Jeffery Realty (908-668-9600) negotiated a 10-year lease with Urgent Care for 5,000 sq.ft. along Route 18 in East Brunswick, NJ. The company also negotiated a lease with Supercuts for 1,900 sq.ft. at Pompton Lake Town Center in Pompton Lakes, NJ. Breslin Realty (516-741-7400) negotiated a lease renewal with GameStop at Whitman Plaza located in south Philadelphia, PA. The company also negotiated a temporary lease with Ricky’s Halloween at The Hub Shopping Center in Hempstead, NY and a lease with Firehouse Subs at Levittown Mews in Levittown, NY. National Realty & Development Corp. (914272-8035) negotiated a lease with KicksUSA for 4,600 sq.ft. at CooperTowne Center, located at the intersection of White Horse Pike/Route 30 and Evesham Avenue/Route 544 in Somerdale, NJ. Oxford Properties Group (212-300-6412) negotiated a lease with Fairway Market for 45,875 sq.ft. at Hudson Yards, located at the intersection of 74th Street and Broadway in New York, NY. Goodman Real Estate Services Group, LLC (216-381-8200) negotiated a lease with Butcher & The Brewer for 10,000 sq.ft. along East 4th Street in Cleveland, OH. The company represented the tenant in the transaction.
L3 Corp. (314-469-7400) negotiated the following leases throughout MO: Ulta for 10,000 sq.ft. at Branson Shoppes in Branson, with the company representing the tenant in the transaction; with Absolutely In for 1,300 sq.ft. along Clayton Road in Clayton, with the company representing the tenant in the transaction and with Dollar Tree for 10,800 sq.ft. at Valley Plaza in Poplar Bluff, with the company representing the tenant in the transaction and for 9,000 sq.ft. in Litchfield, IL, with the company representing the tenant in the transaction. The company also negotiated a lease with Total Hockey for 20,108 sq.ft. at Troy Marketplace Shopping Center in Troy, MI, with the company representing the tenant in the transaction. Velocity Retail Group (310-779-9409) negotiated a lease with Biscuits Café for 2,876 sq.ft. at the site of a former Baja Fresh, located along West University Drive in Tempe, AZ. Elmore Realty (704-418-5292) negotiated a 10-year lease with Mighty Dollar for 19,163 sq.ft. at the site of a former Fred’s located along Wilkinsville Highway Gaffney, SC. The company represented the landlord, Lone Star Equities, Inc., and Peiffer Properties represented the tenant in the transaction. Metro 1 Commercial (305-571-9991) negotiated a 10-year lease with Mitchell Gold & Bob Williams for a 10,000 sq.ft. furniture store, located along North Miami Avenue in the design district area of Miami, FL. The company represented the landlord and RKF represented the tenant in the transaction. Mid America Real Estate – Michigan, Inc. (248-855-6800) negotiated a lease with Maurice’s for 4,900 sq.ft. at White Lake Marketplace, located along Highland Road in White Lake, MI. The company represented the tenant in the transaction. Baum Realty Group (312-666-3000) negotiated a lease with Dotty’s Café along West North Avenue in Melrose Park, IL. The company represented the tenant in D the transaction. M
get listed in the dealmakers magazine for free! www.dealmakers.net/free-publicity Dealmakers Magazine | www.dealmakers.net
lead sheet Michaels Tom Woods or Brian Woods c/o Colliers International 2390 East Camelback Road, Suite 100 Phoenix, AZ 85016 602-222-5031/5026, Fax 602-222-5001 Email: tom.woods@colliers.com or brian.woods@colliers.com Web site: www.colliers.com
Arts/Crafts The 1,113-unit chain operates locations throughout 49 states nationwide and in Canada. The stores, offering craft and sewing items, home décor and seasonal products, occupy spaces of 21,000 sq.ft. in power centers. Growth opportunities are sought throughout AZ during the coming 18 months, with representation by Colliers International. Preferred cotenants include Super Target or Walmart Supercenter.
The Pep Boys – Manny, Moe & Jack dba Pep Boys Nicholas Puccio 3111 West Allegheny Avenue Philadelphia, PA 19132 760-215-9372 Email: nicholas_puccio@pepboys.com Web site: www.pepboys.com
Automotive The 760-unit chain operates locations nationwide and in Puerto Rico. The automotive service centers occupy spaces of 4,000 sq.ft. to 6,500 sq.ft. in freestanding locations. Growth opportunities are sought throughout CA during the coming 18 months. The company will also consider second-generation automotive service centers. Preferred demographics include a trade-area population of 100,000.
Dandy Mini Marts, Inc. dba Dandy Mini Mart Randy Williams PO Box 207 Towanda, PA 18848 570-265-6673, Fax 570-888-7161
Convenience The 72-unit chain operates locations throughout NY and PA. The convenience stores occupy spaces of 2,500 sq.ft. to 3,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months.
Jaco Oil Co. dba Fastrip Food Stores Roy Saunders PO Box 82515 Bakersfield, CA 93380-2515 661-393-7000, Fax 661-393-8738 Email: roys@jaco.com
Convenience The 62-unit chain operates locations throughout AZ, CA and NV. The convenience stores, with gasoline facilities, occupy spaces of 3,500 sq.ft. in freestanding locations. Growth opportunities are sought throughout central CA during the coming 18 months. The company prefers to acquire sites.
Bealls Outlet Bill Rotella c/o The Rotella Group, Inc. 3300 North Federal Highway, Suite 200 Ft. Lauderdale, FL 33306 954-568-9015 Web site: www.rotellagroup.com
Department Store The chain operates locations throughout AZ, FL, GA and KY. The stores, offering discounted family apparel, footwear, home furnishings and gift items, occupy spaces of 20,000 sq.ft. to 25,000 sq.ft. in various retail settings. Growth opportunities are sought throughout southeastern FL during the coming 18 months, with representation by The Rotella Group, Inc.
Stein Mart Christine Firstenberg c/o Metrovation Brokerage 580 2nd Street, Suite 260 Oakland, CA 94607 925-254-4659, Fax 925-402-0701 Email: cfirstenberg@metrovation.com Web site: www.metrovationbrokerage.com
Department Store The 263-unit chain operates locations nationwide. The stores, offering men’s and women’s apparel, accessories and home décor items, occupy spaces of 28,000 sq.ft. to 35,000 sq.ft. in power and specialty centers. Plans call for six to 10 openings throughout northern CA during the coming 18 months, with representation by Metrovation Brokerage. Typical leases run 10 years. A vanilla shell is required. Preferred cotenants include Bed Bath & Beyond, Trader Joe’s and upscale supermarkets. Preferred demographics include a trade-area population earning at least $80,000 as the average household income.
Dealmakers Magazine | www.dealmakers.net
August 30, 2013 | Page 9
lead sheet Five Below Tom Rettaliata c/o Ripco Real Estate 420 Jericho Turnpike, Suite 100 Jericho, NY 11753 516-933-8880, Fax 516-933-2514 Email: trettaliata@ripcony.com Web site: www.ripcony.com
Discount The 275-unit chain operates locations throughout CT, DE, GA, IL, IN, MA, MD, MI, MO, NC, NH, NJ, NY, OH, PA, RI, TX, VA and WV. The stores, offering trend right products for teens and pre-teen and priced between $1 and $5 dollars, occupy spaces of 7,500 sq.ft. in outlet, power and strip centers. Growth opportunities are sought throughout northern NJ and Long Island, NY during the coming 18 months, with representation by Ripco Real Estate.
U.S. Cellular Corp. dba U.S. Cellular Thad Burdette 9731 Cogdill Road, Suite 200 Knoxville, TN 37932 865-777-7970 Email: thad.burdette@uscellular.com Web site: www.uscellular.com
Electronics The 400-unit chain operates locations nationwide. The stores, offering cellular phones, related services and accessories, occupy spaces of 1,500 sq.ft. to 2,000 sq.ft. for rural markets and of 2,500 sq.ft. to 3,500 sq.ft. for metropolitan markets on pad sites of anchored shopping centers. Plans call for 25 to 30 openings throughout Augusta, Bangor and South Paris, ME; Arden, Greenville, Kinston, New Bern and Wilmington, NC; Alcoa, Knoxville (Powell) and Knoxville (Turkey Creek), TN; Christiansburg, Farmville, Galax and Roanoke, VA and Beckley, Clarksburg and Martinsburg, WV during the coming 18 months. Preferred demographics include a trade-area population of 25,000 for rural areas and 75,000 for metropolitan areas.
Monkey Joe’s Harold Shumacher c/o The Shumacher Group 3188 Saybrook Drive Atlanta, GA 30319 404-240-0040, Fax 404-266-9271 Email: harold@shumacher.com Web site: www.shumacher.com
Fitness The 60-unit chain operates locations throughout CT, FL, GA, IA, IL, IN, KY, MA, MD, MO, MS, NC, PA, SC, TN, TX, VA and WI. The indoor facilities, featuring inflatable gyms for children, occupy spaces of 12,000 sq.ft. to 15,000 sq.ft. in strip centers. Plans call for one to three openings throughout the Atlanta, GA metropolitan area during the coming 18 months, with representation by The Shumacher Group. Typical leases run 10 years with a seven-year kickout. A vanilla shell and specific improvements are required. Preferred cotenants include grocery and drug stores. Preferred demographics include 25,000 children under age 9 within 10 miles and $50,000 as the average household income. Major competitors include Pump It Up. The company is franchising.
Great Clips, Inc. dba Great Clips Bob Riggle 4400 West 78th Street, Suite 700 Minneapolis, MN 55435 717-245-0678 Email: bob.riggle@greatclips.com Web site: www.greatclips.com
Hair The 3,300-unit chain operates locations nationwide and in Canada. The hair salons occupy spaces of 900 sq.ft. to 1,200 sq.ft. in power and strip centers. Growth opportunities are sought throughout CT, MA, MD, NC, NJ, NY, PA, RI, SC, TN, VA and Washington, DC during the coming 18 months. Typical leases run five years with two, five-year options. Preferred cotenants include grocery stores and national discount retailers.
Sherwood Management Co. dba Daniel’s Jewelers Larry Sherwood PO Box 3750 Culver City, CA 90231 310-846-5629, Fax 310-846-6316
Jewelry The 65-unit chain operates locations throughout CA. The jewelry stores occupy spaces of 1,100 sq.ft. to 1,500 sq.ft. in malls and power centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run five to 10 years. Preferred cotenants include Macy’s, Sears, Payless Shoesource, H&M, Sally Beauty Supply and JC Penney.
Laundry Systems Brokers, Inc. dba Laundry Systems Art Roy 8700 Starr Ranch Fair Oaks, TX 78015 Email: artroy@mail.com Web site: www.laundrysystems.com
Laundromat The 75-unit chain operates locations throughout FL, GA, IN, KY, MI, NC, NY, OH, PA, SC and TN. The laundromats occupy spaces of 2,000 sq.ft. to 5,000 sq.ft. in freestanding locations, strip centers and urban/downtown areas. Growth opportunities are sought throughout southern TX including Houston, San Antonio and Corpus Christi during the coming 18 months.
Page 10 | August 30, 2013
Dealmakers Magazine | www.dealmakers.net
lead sheet Guitar Center Bruce Shepard c/o SCG – Retail 1841 Broadway New York, NY 10023 212-741-2500 Email: bshepard@scg-retail.com Web site: www.guitarcenter.com
Music The 230-unit chain operates locations nationwide. The stores, offering musical instruments, equipment and related accessories, occupy spaces of 7,000 sq.ft. to 15,000 sq.ft. in freestanding locations, power and strip centers. Plans call for 15 openings throughout the existing market during the coming 18 months, with representation by SCG – Retail. Typical leases run 10 years. Specific improvements are required. Preferred cotenants include home improvement and electronics retailers.
Petsen$e Chuck Gibson c/o SRS Real Estate Partners 3131 East Camelback Road, Suite 110 Phoenix, AZ 85016 602-682-6000, Fax 602-682-6001 Email: chuck.gibson@srsre.com Web site: www.petsensellc.com
Pet Supplies The 80-unit chain operates locations throughout AL, AR, AZ, CA, CO, CT, GA, IN, KY, LA, MS, NC, NM, OK, OR, RI, SC, TN, TX, UT and WA. The stores, offering pet supplies, as well as grooming and veterinary services, occupy spaces of 5,200 sq.ft. on pad sites. Plans call for 50 openings throughout the existing markets, as well as in the northeastern and northwestern regions of the U.S. during the coming 18 months, with representation by SRS Real Estate Partners.
Pak Mail Centers of America, Inc. dba Pak Mail Christopher Davenport 7173 South Havana Street, Suite 600 Centennial, CO 80112 303-957-1000, Fax 303-957-1015 Email: cdavenport@pakmail.org Web site: www.pakmail.com
Shipping The 400-unit chain operates locations nationwide and internationally. The stores, offering packaging, shipping and freight services and supplies, occupy spaces of 1,200 sq.ft. in strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months.
Charles David of California dba Charles David Director of Real Estate 5731 Buckingham Parkway Culver City, CA 90230 310-348-5050, Fax 310-342-6072 Web site: www.charlesdavid.com
Shoes The 10-unit chain operates locations throughout AZ, CA, FL, IL and MA. The shoe stores occupy spaces of 1,200 sq.ft. to 1,600 sq.ft. in lifestyle centers. Growth opportunities are sought nationwide during the coming 18 months. Typical leases run 10 years. Preferred cotenants include Ann Taylor, Banana Republic, BCBG, Bebe, Bloomingdale’s, Donna Karen, Macy’s and Nordstrom. The company will not consider locations within strip centers.
M & J Shoes, LLC dba Marty’s Shoes John Adams or Gary Kennedy 121 Carver Avenue Westwood, NJ 07675 201-497-6634 Email: shoes@martyshoes.com Web site: www.martyshoes.com
Shoes The 25-unit chain operates locations throughout NJ and NY. The stores, offering family footwear, occupy spaces of 3,000 sq.ft. to 5,000 sq.ft. in freestanding locations, specialty and strip centers. Growth opportunities are sought throughout CT, NJ and NY during the coming 18 months. Typical leases run 15 years. A vanilla shell and specific improvements are required. Major competitors include DSW, Famous Footwear and department stores.
Panda Franchises, Ltd. dba Panda Linda Goulet 259 Labelle Boulevard, Suite 201 Rosemere, Quebec, Canada J7A 2H3 450-818-9741 Email: info@pandashoes.com
Shoes The 30-unit chain operates locations throughout Canada. The shoe stores occupy spaces of 800 sq.ft. to 1,500 sq.ft. in malls. Growth opportunities are sought throughout the existing market during the coming 18 months. Preferred demographics include a trade-area population of 200,000.
Dealmakers Magazine | www.dealmakers.net
August 30, 2013 | Page 11
lead sheet Tradehome Shoe Stores, Inc. dba Tradehome Shoes Jay Welter 8300 97th Street South Cottage Grove, MN 55016 651-459-8600 Ext. 105, Fax 651-459-8611
Shoes The 108-unit chain operates locations throughout AR, CO, IA, ID, IL, IN, KS, KY, MI, MN, MO, MT, ND, NE, OH, OK, SD, UT, WI and WY. The stores, offering family footwear, occupy spaces of 1,600 sq.ft. to 2,200 sq.ft. in malls. Growth opportunities are sought throughout the existing markets during the coming 18 months.
Beltone Penny Wickey c/o Saugatuck Commercial Real Estate, LLC 9 Burr Road Westport, CT 06880 203-222-4194 Email: pwickey@saugatuckcommercial.com Web site: www.saugatuckcommercial.com
Specialty The 1,500-unit chain operates locations nationwide and internationally. The facilities, offering hearing aids and accessories, as well as related hearing care programs, occupy spaces of 800 sq.ft. to 1,200 sq.ft. in various retail settings. Growth opportunities are sought throughout the New England region during the coming 18 months, with representation by Saugatuck Commercial Real Estate, LLC.
VA ABC John Mitchell c/o JBG Rosenfeld Retail Properties, LLC 4445 Willard Avenue, Suite 700 Chevy Chase, MD 20815 301-657-0700, Fax 301-657-9850 Email: jmitchell@jbgr.com
Specialty The 330-unit chain operates locations throughout VA. The liquor stores occupy spaces of 2,500 sq.ft. to 4,500 sq.ft.in various retail settings. Growth opportunities are sought throughout the existing market during the coming 18 months, with representation by JBG Rosenfeld Retail Properties, LLC. The Commonwealth of Virginia guarantees the leases.
FCUSA, Inc. dba Liberty Travel Ron Mollozzi 69 Spring Street Ramsey, NJ 07446 201-934-3525 Web site: www.libertytravel.com
Travel The 155-unit chain operates locations throughout CA, CT, DE, FL, IL, MA, MD, NH, NJ, NY, PA, RI, VA and Washington, DC. The travel agencies occupy spaces of 1,000 sq.ft. to 1,500 sq.ft. in regional malls, lifestyle centers and urban/downtown areas. Growth opportunities are sought nationwide throughout major metropolitan markets. Typical leases run five years. A turnkey is required. Preferred cotenants include Barnes & Noble, Bed Bath & Beyond, Pier 1 Imports and casual dining restaurants. Preferred demographics include a trade-area population of 150,000 earning $60,000 to $70,000 as the median household income.
Invite Health Jeff Winick or Louis Eisinger c/o Winick Realty Group 655 3rd Avenue New York, NY 10017 212-792-2652, Fax 212-792-2660 Emails: jeff@winick.com or leisinger@winick.com Web site: www.winick.com
Vitamins The 10-unit chain operates locations throughout NJ and NY. The vitamin shops occupy spaces of 600 sq.ft. to 1,200 sq.ft. in freestanding locations and entertainment, outlet, power, specialty, strip and value centers, as well as downtown areas. Growth opportunities are sought throughout NJ and New York, Long Island and Westchester, NY during the coming 18 months, with representation by Winick Realty Group. Typical leases run 10 years. A vanilla shell and specific improvements are required.
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 | August 30, 2013
Dealmakers Magazine | www.dealmakers.net
REach ovER 55,000 REtail REal EstatE DEcisioN MakERs with oNE click. DEvElopERs & BRokERs Retail real estate for lease and for sale closes fast with quality E-Blast leads.
w re a fe a e r e H les of examp kers a Dealm ts. E-Blas
sERvicE pRoviDERs Decision makers look for key vendors and resources to enhance operations and cash flow.
DispositioN coMpaNiEs Move sites quickly with E-Blasts.
For more information, call 1-800-732-5856 or visit www.eblast.net
REal EstatE auctioNs Narrow windows for marketing opportunities make E-Blasts essential.
REtailERs Expedite the site selection process and find more locations.
space place Arizona
Arizona
California
Cave Creek – Tuscany Village, located at the intersection of Cave Creek Road and Desert Willow Parkway, has spaces from 1,173 sq.ft. to 3,757 sq.ft. available. Cotenants include Center for Athletic Performance, Brother’s Pizza and Scooters. Area demographics include a population of 48,627 within five miles earning $108,454 as the average household income. The average daily traffic count is 27,000 vehicles. Chandler – Chandler Sunset Plaza, located at the intersection of Rural Road and Ray Road, has spaces from 1,200 sq.ft. to 3,700 sq.ft. available. Cotenants include Cort Furniture Rental, Airworx, Fantastic Sam’s, Papa John’s and Jack in the Box. Area demographics include a population of 84,801 within three miles earning $87,996 as the average household income. Scottsdale – Centennial Marketplace, located at the intersection of 100th Street and Frank Lloyd Wright Boulevard, has spaces of 1,116 sq.ft. and 1,200 sq.ft. available. Cotenants include 24 Hour Fitness, Chase Bank, Subway and Zipps Sports Grill. Area demographics include a population of 130,145 within five miles earning $106,793 as the average household income. The average daily traffic count is 28,200 vehicles. For more information regarding Tuscany Village, contact Matt Milinovich or Jason Fessinger, Strategic Retail Group, 15169 North Scottsdale Road, Suite 330, Scottsdale, AZ 85254; 602-778-3830/3833, Fax 602-778-3839; Emails: mattm@srgaz.com and jasonf@srgaz.com; Web site: www.strategicretailgroup.com. For more information regarding Chandler Sunset Plaza, contact Kalen Rickard or Brad Balbo, 602778-3832/3831, Emails: kalenr@srgaz.com and bradb@srgaz.com. For more information regarding Centennial Marketplace, contact Brad Balbo, 602-778-3831; Email: bradb@srgaz.com.
include a population of 55,491 within five miles earning $131,492 as the average household income. The average daily traffic count is 32,000 vehicles. For more information, contact Jason Ball, Fortus Property Group, 855-3678877; Email: jball@fortuspg.com; Web site: www.fortuspg.com.
51,769 within five miles earning $120,655 as the average household income. For more information, contact Dixie Divine, Doug Ferrari or Denise Lupretta, Prime Commercial, Inc., 1543 Lafayette Street, Suite C, Santa Clara, CA 95050; 408879-4001/4002/4000 Ext. 214, Fax 408-8794004; Emails: ddivine@primecommercialinc.com, dferrari@primecommercialinc.com and dlupretta@primecommercialinc.com; Web site: www.primecommercialinc.com.
Fountain Hills – Eagle Mountain Village Marketplace, a 28,269 sq.ft. center located at the intersection of Shea Boulevard and Eagle Mountain Parkway, has space available. Cotenants include Fry’s Market and Rural/ Metro Corporation. Area demographics include a trade-area population of 47,240 within five miles earning $119,369 as the average household income. The average daily traffic count is 33,710 vehicles. Scottsdale – Scottsdale North Marketplace, a 57,620 sq.ft. center located at the intersection of North Scottsdale Road and East Lone Mountain Road, has space available. Cotenants include Chase Bank, Hand & Stone, Purveyors of Fine Foods and AJ Market. Area demographics Page 14 | August 30, 2013
California Antioch – Somersville Towne Center, located along Somersville Road, has a 45,187 sq.ft. former Gottschalks available, which can be divisible to 20,000 sq.ft. Cotenants include Rockin’ Jump and Planet Fitness. Area demographics include a population of 153,735 within five miles earning $83,721 as the average household income. For more information, contact John Sechser or Colby Mikulich, Transwestern Retail, 500 Ygnacio Valley Road, Suite 100, Walnut Creek, CA 94596; 925-3572007/2016, Fax 925-357-2001; Emails: john.sechser@transwestern.net and colby. mikulich@transwestern.net; Web site: www. transwestern.net. El Monte – El Monte Shopping Center, located at the intersection of Peck Road and Stewart Street, has a space of 3,600 sq.ft. available. Cotenants include Staples, Sears Outlet, Big 5 Sporting Goods, Denny’s, Jamba Juice and Dearden’s. Area demographics include a population of 555,588 within five miles earning $63,799 as the average household income. For more information, contact Steve McDonald or Bill Bauman, Studley Retail, 213-553-3864/3860; Emails: smcdonald@studley.com and bbauman@studley.com; Web site: www.studleyretail.com. Gilroy – South Valley Plaza, located at the intersection of 10th Street and Chestnut Street, has spaces from 1,274 sq.ft. to 17,250 sq.ft. available. Cotenants include Burlington Coat Factory, Auto Zone, Guitar Center, Cycle Gear, Artegas Market, McDonald’s and El Pollo Loco. Area demographics include a population of 57,502 within five miles earning $90,050 as the average household income. Morgan Hill – Morgan Hill Plaza, a 90,000 sq.ft. neighborhood center located at the intersection of Monterey Highway and West Dunne Avenue, has spaces from 750 sq.ft. to 1,115 sq.ft. available. Cotenants include Dollar Tree, Ross Dress for Less, Pink Elephant Bakery and Canine Concepts. Area demographics include a population of
Connecticut West Haven – West Haven Center, a 10,370 sq.ft. center located along Saw Mill Road, has spaces of 1,250 sq.ft. and 7,344 sq.ft. available. Cotenants include Starbucks. Area demographics include a population of 325,479 within seven miles earning $71,118 as the average household income. For more information, contact Carol Hutchinson, Charter Realty & Development, 1666 Massachusetts Avenue, Lexington, MA 02420; 617-431-1093; Email: carol@chartweb.com; Web site: www.chartweb.com.
Florida Clearwater – A 2,300 sq.ft. former restaurant is available along Ulmerton Road, along with two adjacent spaces of 1,500 sq.ft., which can be combined. Cotenants include Papa John’s, Little Greek and Manpower. Area demographics include a population of 40,822 within three miles earning $56,989 as the average household income. The average daily traffic count is 86,500 vehicles. For more information, contact Gulfcoast Commercial, 1600 East 8th Avenue, Suite A106, Tampa, FL 33605; 727823-1605, Fax 813-247-4300; Web site: www.gulfcoastcommercial.com. Dania Beach – Shoppes at Griffin, a 13,400 sq.ft. center located at the intersection of Griffin Road and Ravenswood Road, has an endcap space with a drive-thru available. Area retailers include Bass Pro Shops. Area demographics include a population of 86,582 within three miles earning $72,590 as the average household income. For more information, contact Mickey Finkle of Arthur Shifrin, Koniver Stern Group, 1665 Washington Avenue, Miami Beach, FL 33139; 305-532-6100 Ext. 245/230; Emails: mickey@koniversterngroup.com and arthur@koniversterngroup.com; Web site: www.koniversterngroup.com. Dealmakers Magazine | www.dealmakers.net
space place Florida
Illinois
Illinois
Ft. Lauderdale – A 2,871 sq.ft. freestanding building is available at the intersection of 31st Avenue and Davie Boulevard. Area retailers include Bank of America. Area demographics include a population of 118,210 within three miles earning $49,087 as the median household income. The average daily traffic count is 30,000 vehicles. South Venice – Pad sites and endcaps are available at the intersection of US Route 41 and Englewood Road. Area retailers include CVS, Walgreens, Subway, Panera Bread, Great Clips and Publix. Area demographics include a population of 65,524 within five miles earning $48,204 as the median household income. Sunrise – A 2,573 sq.ft. space is available at the intersection of University Drive and Northwest 25th Court. Area retailers include Tires Plus, Shell, Wendy’s, Pollo Tropical, KFC, Taco Bell, McDonald’s and Arby’s. Area demographics include a population of 180,171 within five miles earning $51,771 as the median household income. The average daily traffic count is 64,300 vehicles. Vero Beach – A center located at the intersection of 27th Street and 9th Street, has a 1,050 sq.ft. endcap available. Cotenants include Winn Dixie, Supercuts and Big Apple. Area demographics include a population of 79,229 within five miles earning $50,506 as the median household income. The average daily traffic count is 15,600 vehicles. For more information regarding the Ft. Lauderdale property, contact David Emihovich or Daniel Solomon, Katz & Associates, 2300 Glades Road, Suite 460W, Boca Raton, FL 33431; 561-869-4345/954401-2181; Emails: davidemihovich@dkatz.com and danielsolomon@dkatz.com; Web site: www.katzassociates.com. For more information regarding the South Venice property, contact David Emihovich or Paige Eber, 239-571-0563; Email: paigeeber@dkatz.com. For more information regarding the Sunrise property, contact David Emihovich or Daniel Solomon. For more information regarding the Vero Beach property, contact Patricia Werhahn, 561-361-7232; Email: patriciawerhahn@dkatz.com.
household income. For more information, contact Barb Kading or Sarah Drumgould, MidAmerica Asset Management, Inc., 630954-7348/7290, Fax 630-954-7306; Emails: bkading@midamericagrp.com and sdrumgould@midamericagrp.com; Web site: www.midamericagrp.com.
Wilmette – Wilmette Retail Center, a 35,000 sq.ft. center located at the intersection of Skokie Boulevard and Old Glenview Road, has a 5,000 sq.ft. endcap available. Cotenants include Chase, AAA Travel, Love’s Yogurt and Palm Beach Tan. Area demographics include a population of 140,665 within three miles earning $125,044 as the average household income. The average daily traffic count is 20,700 vehicles along Skokie Boulevard. For more information, contact Sara Chaiken, Next Realty, LLC, 400 Skokie Boulevard, Suite 800, Northbrook, IL 60062; 847-881-2008, Fax 847-881-2200; Email: schaiken@nextrealty.com.
Arlington Heights – Arlington Town Square, a 125,530 sq.ft. center located at the intersection of Arlington Heights Road and Northwest Highway, has spaces from 575 sq.ft. to 3,599 sq.ft. available. Cotenants include AthletiCo, Ann Taylor Loft, Panera Bread, Yankee Candle, Starbucks, Sport Clips, Bath & Body Works, Noodles & Co. and California Pizza Kitchen. Area demographics include a population of 120,822 within three miles earning $96,977 as the average household income. For more information, contact Joanne Sutryk or Mike Wesley, Edgemark Commercial Real Estate Services LLC, 2215 York Road, Suite 503, Oak Brook, IL 60523; 630-5725609/5610; Emails: jsutryk@edgemarkllc.com and mwesley@edgemarkllc.com; Web site: www.edgemarkllc.com. Chicago – Spaces from 1,159 sq.ft. and up are available at the intersection of Route 59 and North Avenue. For more information, contact Annette LaTart, Real Estate Consultants, Inc., 630942-7000 Ext. 2114; Email: alatart@reciusa.com; Web site: www.reciusa.com.
Illinois
Highland Park – A 49,958 sq.ft. land area is available at the intersection of Skokie Valley Road and Clavey Road. Area retailers include Jimmy John’s, CVS and Anton’s Fruit Ranch. Area demographics include a population of 131,227 within five miles earning $149,360 as the median household income. For more information, contact Jonathan Plotkin or Oliver Plotkin, Endurance Retail Partners, LLC, 222 Merchandise Mart Plaza, Suite 1502, Chicago, IL 60654; 312-2918183; Emails: jplotkin@enduranceretail.com and oplotkin@enduranceretail.com; Web site: www.enduranceretail.com.
Arlington Heights – Arlington Plaza, located at the intersection of Rand Road and Arlington Heights Road, has spaces from 1,200 sq.ft. to 22,002 sq.ft. available. Cotenants include Burlington Coat Factory, Harlem Furniture, Harvest Fresh, Wendy’s, Value City Furniture and The Salvation Army. Area demographics include a population of 317,948 within five miles earning $94,822 as the average
Lincolnwood – A 1,710 sq.ft. freestanding building is available at the intersection of Touhy Avenue and Crawford Avenue. Area retailers include CVS, Starbucks, Long John Silver’s, Lowe’s and Walgreens. Area demographics include a population of 773,541 within five miles earning $61,411 as the average household income. The average daily traffic count is 43,000 vehicles.
Dealmakers Magazine | www.dealmakers.net
Rosemont – Spaces of 1,275 sq.ft. and 1,540 sq.ft. are available at the intersection of Touhy Avenue and Chestnut Street. Cotenants include Jimmy John’s, Naf Naf Grill and Trattoria Raccanto. Area demographics include a population of 322,474 within five miles earning $79,430 as the average household income. For more information, contact Ken Robberechts, Adam Secher or Allen Joffe, Baum Realty Group, 1030 West Chicago Avenue, Chicago, IL 60642; 312-2753103/3130/3120; Emails: ken@baumrealty.com, adam@baumrealty.com and allen@baumrealty.com; Web site: www.baumrealty.com. Shorewood – A center located at the intersection of Brook Forest Avenue and West Jefferson Street, has spaces from 1,200 sq.ft. to 2,400 sq.ft. available. Cotenants include Jewel-Osco and Fifth Third Bank. Area demographics include a population of 57,489 within three miles earning $95,252 as the average household income. The average daily traffic count is 22,600 vehicles. For more information, contact Randy Petri or Melissa Turner, Caton Commercial Real Estate Group, 16106 Route 59, Unit 100, Plainfield, IL 60586; 815-4365700/773-354-7793, Fax 815-439-3370; Emails: randy@catoncommercial.com and melissa@catoncommercial.com.
Indiana Shelbyville – Rivergate Shopping Center, a 133,086 sq.ft. center located at the intersection of Dagley Court and State Road 44, has spaces from 1,200 sq.ft. to 8,200 sq.ft. available, along with a one acre outlot. Cotenants include Goody’s, (continued on page sixteen)
August 30, 2013 | Page 15
space place Indiana (continued from page fifteen)
Sleep Source and Cato. Area demographics include a population of 23,868 within five miles earning $58,609 as the average household income. For more information, contact Patrick Boyle, Midland Atlantic, 317-580-9900; Email: pjboyle@midlandatlantic.us; Web site: www.midlandatlantic.com.
Maryland Odenton – Odenton Shopping Center, a 188,363 sq.ft. center located at the intersection of Annapolis Road and Odenton Road, has spaces from 1,794 sq.ft. to 60,492 sq.ft. available. Cotenants include Five Guys Famous Burger & Fries, Little Caesar’s, Dollar Tree, Advance Auto Parts, The UPS Store, Subway, and Rent-ACenter. Area demographics include a population of 136,596 within five miles earning $110,133 as the average household income. The average daily traffic count is 47,000 vehicles. For more information, contact JBG Rosenfeld Retail, 4445 Willard Avenue, Suite 700, Chevy Chase, MD 20815; 301-
Maryland
New Jersey
657-0700, Fax 301-657-9850; Web site: www.jbgr.com.
Pizza, Monster Mini Golf and Sovereign Bank. Area demographics include a population of 120,016 within five miles earning $100,514 as the median household income. The average daily traffic count is 60,000 vehicles. Middletown – Union Square, a 90,259 sq.ft. center located along Route 35, has spaces of 1,200 sq.ft., 2,017 sq.ft., 2,318 sq.ft. and 3,120 sq.ft. available. Cotenants include Five Guys Famous Burger & Fries, Leslie’s Pool Supply, Mathnasium, Centrex Sports Fitness Center and NY Bagel. Area demographics include a population of 130,729 within five miles earning $88,599 as the median household income. The average daily traffic count is 36,000 vehicles. New Providence – A 0.45-acre pad site is available along South Street. Area retailers include Wells Fargo, CVS, A&P, Radio Shack, Verizon Wireless and Subway. Area demographics include a population of 62,119 within three miles earning $173,859 as the median household income. For more information regarding Exclusive Plaza or Union Square, contact Jason Pierson or Gregg Medvin, Pierson Commercial Real Estate, 704 Ginesi Drive, Suite 24, Morganville, NJ 07751; 732-707-6900 Ext. 2/3; Emails: jason@piersonre.com and gregg@piersonre.com; Web site: www.piersonre.com. For more information regarding the New Providence property, contact Jason Pierson.
Massachusetts Foxborough – Foxborough Plaza, a 120,617 sq.ft. center located along Commercial Street, has spaces of 2,000 sq.ft. and 5,000 sq.ft. available. Cotenants include Ocean State Job Lot, Dunkin’ Donuts, Xtreme Fitness, Dollar Tree, Cingular Wireless and Papa Gino’s. Area demographics include a population of 71,397 within five miles earning $114,695 as the average household income. For more information, contact Dan Zelson, Charter Realty & Development, 183 Main Street, Westport, CT 06880; 203-227-2922; Email: dan@chartweb.com; Web site: www.chartweb.com.
New Jersey Marlboro – Exclusive Plaza, located at the intersection of Route 9 North and Union Hill Road, has spaces of 1,259 sq.ft. and 1,732 sq.ft. available. Cotenants include Carlo’s
Let the DeaLmakers’ e-maiL Forums Lease anD seLL Your ProPertY For Free
New York
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 16 | August 30, 2013
Brooklyn – A building located in the Prospect Heights neighborhood at the intersection of St. John’s Place and Lincoln Place, has two spaces of 400 sq.ft. available, along with mezzanine spaces for both sites. Area retailers include Bar Corvo, Tom’s Restaurant, Washington Commons and Capital One. Also – A 3,574 sq.ft. ground level space, along with 2,461 sq.ft. of lower level space is available along Montague Street. Area retailers include TD Bank, MAC, Aerosoles, Banana Republic, Sephora, Chipotle and FedEx Kinkos. For more information, contact Ryan Condren, Kristina Triglia or George Danut, CPEX Real Estate, 81 Willoughby Street, 8th Floor, Brooklyn, NY 11201; 718-6874212/4206/4220; Emails: rcondren@cpexre.com, ktriglia@cpexre.com and gdanut@cpexre.com; Web site: www.cpexre.com.
North Carolina Charlotte – An 18,300 sq.ft. junior anchor space is available along University City Boulevard. Area retailers include Walmart Dealmakers Magazine | www.dealmakers.net
space place North Carolina
Pennsylvania
Pennsylvania
Supercenter, IKEA, Big Lots, Dick’s Sporting Goods, Kohl’s, Michaels, T.J. Maxx and Office Depot. Area demographics include a population of 179,527 within five miles earning $67,851 as the average household income. The average daily traffic count is 62,000 vehicles. Also – University Pointe, a 250,000 sq.ft. development located at the intersection of Highway 29 and Brookside Lane, has spaces available. For more information, contact Julie Gardner, Katz & Associates, 4500 Cameron Valley Parkway, Suite 240, Charlotte, NC 28211; 704-362-5050; Email: juliegardner@dkatz.com; Web site: www.katzassociates.com.
Swedesford Road and Route 252 has spaces of 600 sq.ft., 1,417 sq.ft., 2,600 sq.ft. and 4,245 sq.ft. available. Cotenants include Staples, Five Below, Jo-Ann Fabrics, Pet Valu, Trader Joe’s, T.J. Maxx, Famous Footwear, Panera Bread and Outback Steakhouse. Area demographics include a population of 114,443 within five miles earning $129,260 as the average household income. The average daily traffic count is 97,000 vehicles. For more information, contact David Sherin, Regency Centers, 610-747-1212; Email: davidsherin@regencycenters.com.
Glen Mills – The Shoppes at Brinton Lake, an 18,091 sq.ft. center located along Baltimore Pike, has a space of 2,750 sq.ft. available. Cotenants include GNC, Game Stop, Pure Bread, Bravo Pizza, Pearle Vision and Color Me Mine. Area demographics include a population 25,748 within three miles earning $157,373 as the average household income. The average daily traffic count is 41,000 vehicles. For more information, contact Douglas Green or Michael Salove, Michael (continued on page eighteen)
Wendell – Knott Square, located along Highway 64, has spaces from 844 sq.ft. to 6,844 sq.ft. available. For more information, contact Bruce Lynch, Rosamund Property Consultants, PO Box 1989, Wendell, NC 27591; 919-3654977, Fax 919-573-9635.
Ohio Akron – A 51,570 sq.ft. former Tops supermarket is available along Wooster Avenue. Strongsville – Strongsville Plaza, a center located along Pearl Road, has spaces from 2,200 sq.ft. to 4,400 sq.ft. available. The asking rent is $8 to $15 psf NNN. Tallmadge – Midway Plaza, located at the intersection of Tallmadge Avenue and Brittain Road, has spaces from 600 sq.ft. to 75,000 sq.ft. available. Warren – A 0.63-acre lot is available along Youngstown Road. Area retailers include Auto Zone. For more information regarding the Akron property, contact Drew Sulzer, Reisenfeld & Co, 3659 South Green Road, Suite 217, Beachwood, OH 44122; Email: info@reisenfeld.com. For more information regarding the Strongsville, Tallmadge or Warren properties, contact Mike Herzfeld.
Pennsylvania Easton – Lower Nazareth Commons, a 103,960 sq.ft. center located at the intersection of Nazareth Pike and Corriere Road, has a space of 1,600 sq.ft. available. Cotenants include Target, Wegman’s, Chick-Fil-A, Sports Authority, Great Clips, Five Below and Five Guys Burgers & Fries. Area demographics include a population of 118,883 within five miles earning $77,112 as the average household income. Wayne – Gateway Shopping Center, a 214,212 sq.ft. center located at the intersection of East Dealmakers Magazine | www.dealmakers.net
Got space? Find your missing tenant.
Over 6,000 retail chains are listed in the national edition Published by and for leasing agents, brokers and owners of retail real estate, TenantSearch tells you: • Who’s in charge of the tenant’s real estate for your market, and how to reach them • Where the chain is seeking new store locations, and its existing markets • What the retailer’s space, property type, demographic, co-tenancy and lease requirements are
www.tenantsearch.com | 1.800.732.5856 August 30, 2013 | Page 17
space place Pennsylvania (continued from page seventeen)
Salove Co., 215-568-2600 Ext. 718/717; Emails: dgreen@salove.com and msalove@salove.com.
Texas Lake Worth – Star Village Commons, located along Boat Club Road, has spaces available. Cotenants include Star Village 8 Movies, Great Clips, Farmers, and AT&T. Area demographics include a population of 150,492 within five miles earning $67,825 as the average household income. For more information, contact Steve Williamson or Sarah Everett, Transwestern Dallas, 5001 Spring Valley Road, Suite 400W, Dallas, TX 75244; 972-774-2511/817-2593512; Email: steve.williamson@transwestern.net; Web site: www.transwestern.net.
Virginia Alexandria – A street level space of 1,845 sq.ft., along with a mezzanine space of 1,367 sq.ft., is available along King Street.
Virginia
Virginia
Area retailers include Starbucks, Lou Lou, Pizzeria Paradiso, Ichiban Sushi House and The Lucky Knot. Area demographics included a population of 52,815 within two miles earning $99,967 as the median household income. For more information, contact Kelsey Pick, Rich Amsellem or Angie Trosper, Streetsense, 757-409-3731; Emails: kpick@streetsense.com, ramsellem@streetsense.com and atrosper@streetsense.com; Web site: www.streetsense.com.
Commercial Real Estate Services, 2250 Old Brick Road, Suite 240, Glen Allen, VA 23060; 804-217-6904/6903/6905; Emails: jeffdoxey@naieagle.com, harrisonhall@naieagle.com and petervick@naieagle.com; Web site: www.naieagle.com.
Chesterfield County – The Shops at Stonehenge, a 31,170 sq.ft. center located at the intersection of Midlothian Turnpike and Walmart Way, has spaces from 1,120 sq.ft. to 5,400 sq.ft. available. Cotenants include Cato, Tops Asian Grill, Domino’s Pizza and Sola Salon. Area demographics include a population of 113,792 within five miles earning $109,139 as the median household income. The average daily traffic count is 42,000 vehicles. For more information, contact Jeff Doxey, Harrison Hall or Peter Vick, NAI Eagle
Washington, DC A ground level space of 2,180 sq.ft., along with 980 sq.ft. of lower level space, is available at the intersection of 14th Street NW and U Street Corridor. Area retailers include Room & Board Home Furnishings, Whole Foods Market, Sweet Green, Pearl Dive Oyster Palace, Yes! Organic Market and Matchbox. Area demographics include a population of 93,484 within one mile earning $87,174 as the average household income. For more information, contact Jared Meier, Andrew Poncher or Michael Johns, Streetsense, 240-479-7195/202-7309890/573-8333; Emails: jmeier@streetsense.com, aponcher@streetsense.com and mjohns@streetsense.com; Web site: D M www.streetsense.com.
SUBSCRIBE TO
or subscribe online at www.dealmakers.net/subscribe
YES! 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. Full SubScription (print, MobilE and onlinE)
Mail my subscription to: Name __________________________________________________ Company _______________________________________________ Address _________________________________________________
$344 for one year $294
$574 for two years $434
$194 for six months $187
SpEcial SuMMEr diScount! pricES go up SEpt. 23.
City ____________________________________________________ State ___________________ Zip ____________________________ Phone ____________________ Fax __________________________ Email ____________________________________________________ * your email will be your login for online and mobile access
grEEn SubScription (MobilE and onlinE)
payment options:
Check Enclosed Card #
Credit Card
_______________________________________________
Exp. Date ________________ Sec. Code _____________________
$244 for one year
$374 for two years
$144 for six months
Signature _______________________________________________
P.O. Box 2630 | Mercerville, NJ 08690 | 1-800-732-5856 | Fax 609-587-3511 | www.dealmakers.net Page 18 | August 30, 2013
Dealmakers Magazine | www.dealmakers.net
Adapt, Grow & Evolve. At DLC Management Corp., our forward thinking has evolved us into not only property managers, owners and developers, but also as redevelopers. We’ve always done things a little differently.
VISIT US AT THE ICSC PA/NJ/DE IDEA EXCHANGE : BOOTH 336 114 Shopping Centers : 31 States : 16.7 Million SF : 580 White Plains Road : Tarrytown, NY 10591 : 914.631.3131 : dlcmgmt.com
www.LMS-PMA.com www.LMS-PMA.com
Creating Value Through Experience
at the Visit us DE J/ PA/N ge! Exchan a e Id ICSC th 1th ber 9
Septem
1
07 ooth 2
Leasing Management Sales Development Construction Acquisition
B
Lancaster Office: 120 N. Pointe Blvd. Suite 301 Lancaster, PA 17601 York Office: 1200 Greensprings Dr. York, PA 17402 (p) 717.569.9373 (f) 717.560.9909
proviDing
commercial real estate services to tHe
miD-atlantic region
since
1991
witH over
9.5
million square feet of
commercial space representeD anD exclusive tenant representations witH inDustrY leaDing firms.
Our knowledge of local markets, competitive forces, market conditions, price comparables and changing demographics coupled with strong tenured relationships has proven to be a successful formula for over 20 years. We blend our knowledge and experience with the industry’s best software and technology to provide our clients with exceptional strategic decision making. featureD below is a list of our current availabilites. to view a complete list, visit our website at www.lms-pma.com
• Development • North Cornwall Commons Lebanon, PA
Oregon Pike Professional Center Lancaster, PA
Linden Centre Middletown, PA
Join Patient First
Join CVS/pharmacy & Sharp Shopper
Overlook Town Center Lancaster, PA
Keystone Arms Center Carlisle, PA
Valley Plaza Lewistown, PA
Gateway Square Mechanicsburg, PA
7400 - 8000 Derry Street Harrisburg, PA
Shippen Towne Centre Shippensburg, PA
Shoppes at Bloomfield Village Lititz, PA
Columbia Shopping Center Columbia, PA
Bridgeport Shopping Center Lancaster, PA
Shoppes at Landis Valley Lancaster, PA
Main Street Shopping Center Mount Joy, PA
Manheim Shopping Center Manheim, PA
Regency Square Lancaster, PA
Shoppes on Manheim Pike Lancaster, PA
Mixed-use new development
Millersville Commons Millersville, PA Join Sheetz & Jake’s Wayback Burgers
30 Keller Avenue Lancaster, PA
Re-development 11 Acres Mixed-use
Join Buffalo Wild Wings & Chipotle Mexican Grill
Join Dollar General, Subway & Meadows Frozen Custard
Join Sherwin Williams, AutoZone & Tractor Supply Co.
• Harrisburg market • Union Square Shopping Center Harrisburg, PA 1,300 SF • 3,500 SF • 9,600 SF • 20,250 SF • 24,300 SF
1,200 SF • 1,200 SF • 1,800 SF • 1,800 SF • 5,000 SF • 9,100 SF • 12,600 SF • 24,370 SF • 25,394 SF
3,000 - 7,000 SF 3,600 - 12,000 SF • 3,460 SF • 5,280 SF
1,440 SF • 2,800 SF
• lancaster market • 1,994 SF • 2,075 SF • 16,065 SF
1,500 SF • 1,542 SF
3,200 SF
2,000 SF
• York market • Gabriel Brothers Plaza York, PA
Queensgate Towne Center York, PA
South Hanover Shopping Center Hanover, PA
Windsor Commons Red Lion, PA
1,000 SF
1,600 SF • 1,600 SF • 1,606 SF • 1,800 SF • 2 Pad Sites
1,488 SF
1,600 SF • 1,600 SF 4,000 SF
1,341 SF
1,620 - 10,000 SF
2,798 SF • 5,089 SF
3,484 SF Bank Pad