Reporting The Nation’s Weekly News on Retailing & Retail Real Estate
Volume XXVI No. II
January 14, 2011
Apparel Chains Expand Nationwide Swim N’ Sport Retail, Inc. trades as Swim N’ Sport at 35 locations throughout AZ, CO, FL, GA, LA, MA, MD, NC, NJ, OH, SC, TN and TX. The stores, offering designer swimwear for women, occupy spaces of 1,500 sq.ft. to 2,000 sq.ft. in malls and outlet, specialty and value centers. Growth opportunities are sought nationwide during the coming 18 months. Typical leases run 10 years. A vanilla shell and specific improvements are required. Preferred cotenants include upscale fashion retailers. Major competitors include department stores. For more information, contact Mark Sidle, Swim N’ Sport Retail, Inc., 2396 Northwest 96th Avenue, Miami, FL 33172; 305-593-5071, Fax 305-593-2669; Web site: www.swimnsport.com. Dress Code operates seven locations throughout AL, GA, MS and TN. The stores, offering casual apparel and sportswear in misses and plus sizes, occupy spaces of 3,500 sq.ft. to 5,000 sq.ft. in freestanding locations, strip centers and urban/ downtown areas. Growth opportunities are sought throughout AL, LA, MS, SC and TN during the coming 18 months. Typical leases run three to five years. A vanilla shell is required. The company will also consider secondgeneration spaces. For more information, contact Steven Suchik, Dress Code, 1735 Defoor Place, Atlanta, GA 30318; 404-351-1777, Fax 404-355-7029; Email: steven@dresscodewarehouse.com; Web site: www.dresscodewarehouse.com.
Dots operates 400 locations throughout 28 states along the East Coast and throughout the midwestern region of the U.S. The stores, offering discounted apparel for women, occupy spaces of 4,000 sq.ft. to 6,000 sq.ft. in lifestyle, power, specialty, strip and value centers, in addition to urban/downtown areas. Plans call for 10 openings throughout NY during the coming 18 months, with representation by CB Richard Ellis. Preferred cotenants include fashion apparel retailers. Preferred demographics include a trade-area population earning a median household income of $60,000 to $90,000. For more information, contact Jayson Siano, CB Richard Ellis, 88 Froehlich Farm Boulevard, Woodbury, NY 11797; 516-714-2712, Fax 516364-6943; Email: jayson.siano@cbre.com; Web site: www.cbre.com. Masters, Inc. trades as Fashion Kraze at six locations throughout upstate NY. The stores, offering men’s and women’s apparel, occupy spaces of 5,000 sq.ft. to 12,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. The company prefers to locate in or near college towns. For more information, contact Lisa Hayum or Richard Greenspan, Masters, Inc., 111 Hempstead Turnpike, 2nd Floor, West Hempstead, NY 11552; 516-292-3710, Fax 516-292-3836. (continued on page three)
This issue contains information on:
* Retailers operating 24,904 locations with plans to open 1,612 sites * Real estate valued in excess of $271 million to be bought, sold & financed * Leasing activity on over 8.4 million sq.ft. of retail properties
Important News Please Expedite
Postmaster: Periodical
Featuring ICSC Southwest Idea Exchange Exclusives Saugatuck Commercial Real Estate, LLC represents retailers throughout markets in CT and NY........................................ Pg. 3 New Construction Flaum Management is preleasing a 400,000 sq.ft. regional center in Jackson Township, NJ......................... Pg. 4 Openings The Children’s Place to open 85 stores nationwide............. Pg. 5 Food Retailers Expand Houlihan’s Restaurants, Inc. seeks locations for two restaurant concepts................ Pg. 6 Buyers and Sellers EXP Realty Advisors is selling the ground lease to a 137,793 sq.ft. Sam’s Club in Augusta, GA........................................ Pg. 7 Mahoney Realty Group looks to acquire properties throughout select PA markets Pg. 9 Sources of Financing Eastern Union Commercial Real Estate provides nonrecourse financing for all major property types.............. Pg. 8 Lease Signings GBA Realty, LLC negotiated leases throughout FL.............. Pg. 8 In the News Velocity Retail Group named Judi Butterworth as senior vice president........................ Pg. 9 Lead Sheet Hobby Lobby to open 40 stores throughout the eastern and western U.S.................... Pg. 11 Play N Trade plans 10 openings in NY...................... Pg. 14 Space Place........................... Pg. 16
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