Reporting The Nation’s Weekly News on Retailing & Retail Real Estate Volume XXX No. XVIII
May 15, 2015
FEATURING HOME-RELATED CHAINS EXPAND Menard, Inc. trades as Menards at more than 280 locations throughout IA, IL, IN, KS, KY, MI, MN, MO, ND, NE, OH, SD, WI and WY. The home improvement stores, offering appliances, building materials, electrical, outdoor and plumbing items, occupy spaces of 160,000 sq.ft. to 250,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the Midwestern region of the U.S. during the coming 18 months. Preferred cotenants include Target, Meijer, 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 Theron Berg, Menard, Inc., 5101 Menard Drive, Eau Claire, WI 54703; 715-876-2532, Fax 715-876-5998; Email: tberg@menard-inc.com; Web site: www.menards.com. Ethan Allen operates 300 locations nationwide and internationally. The stores, offering home furnishings and accents, occupy spaces of 8,000 sq.ft. to 10,000 sq.ft. in various retail settings. Growth opportunities are sought throughout FL during the coming 18 months, with representation by Atlantic Retail Properties. For more information, contact Daniel Lynch, Atlantic Retail Properties, 1001 North US Highway One, Suite 600, Jupiter, FL 33477; 561-427-6699 Ext. 1011, Fax 561-427-6561; Email: dlynch@atlanticretail.com; Web sites: www.atlanticretail.com and www.ethanallen.com.
America’s Mattress operates locations nationwide. The mattress stores occupy 2,500 sq.ft. to 5,000 sq.ft. in freestanding locations and endcaps and inline spaces of shopping centers. Growth opportunities are sought throughout northwestern NJ during the coming 18 months, with representation by Silbert Realty & Management Co., Inc. Preferred cotenants include grocery stores. For more information, contact Wayne Kasbar, Silbert Realty & Management Co., Inc., 85A Division Avenue, Millington, NJ 07946; 908-604-6900, Fax 908-604-2030; Email: wkasbar@silbertrealestate.com; Web site: www.silbertrealestate.com. Raymour & Flanigan Furniture operates more than 100 locations throughout CT, DE, MA, NJ, NY, PA and RI. The stores, offering living room, dining room, bedroom and office furniture items, as well as home décor products, prefer to occupy freestanding buildings, power and strip centers. Preferred sites of 15,000 sq.ft. to 25,000 sq.ft. are sought for urban areas and sites of 40,000 sq.ft. to 60,000 sq.ft. are sought for suburban locations. Plans call for three to five openings throughout the NJ and NY metropolitan area, and in Philadelphia, PA during the coming 18 months. Typical leases run 10 to 15 years. Preferred demographics include a population of 150,000 within seven miles (continued on page eight)
THIS ISSUE CONTAINS INFORMATION ON: • Retailers operating 65,725 locations with plans to open 2,957 sites • Real estate valued in excess of $60 million to be bought, sold & financed • Leasing activity on over 3 million sq.ft. of retail properties WS Postmaster: Periodical T NE E N A T R DIT IMPO SE EXPE A PLE
NATIONAL FOCUS Buyers and Sellers Capital Pacific markets Dick’s Sporting Goods anchored center Pg. 4 New Construction Sullivan Hayes Northeast preleasing a retail development in Waterford, CT......................... Pg. 5 Who’s Opening and Where Lululemon launches Ivivva and Kit and Ace................................. Pg. 6 We Rock the Spectrum opens in Albuquerque, NM...................... Pg. 6 The HoneyBaked Ham Co. and Café to open up to 20 locations Pg. 6 Food Chains Expand Peet’s Coffee & Tea plans 25 openings..................................... Pg. 7 It’s a Grind to enter FL................ Pg. 7 Exclusives and Tenant Reps Mid-America Real EstateWisconsin, LLC takes on leasing five shopping centers in WI........ Pg. 8 Lead Sheet Tilden Car Care Centers to open 10 locations................................ Pg. 9 Just A Buck to enter CT, DE, PA and TN....................................... Pg. 10 Sources of Financing Dockerty Romer & Co. funds acquisition financing for center in FL........................................... Pg. 13 Making the News Stirling Properties taps new talent Pg. 13 Lease Signings Jeffery Realty inks deal with Hobby Lobby in NJ..................... Pg. 13 Space Place................................ Pg. 14
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BUYERS AND SELLERS Coldwell Banker Commercial is selling La Paz Gateway, a 6,028 sq.ft. shopping center located along La Paz Road in Mission Viejo, CA. Tenants include Ortho Mattress, Roberto’s Tacos and Beach Hut Deli. The average daily traffic count is 300,000 vehicles. Area demographics include a trade area population within a one-mile radius earning $147,000 as the average household income. The asking price is $5.85 million with a Cap rate of 5.55%. For more information, contact Scott Hook or Daniel Tyner, Coldwell Banker Commercial, 2600 Michelson Drive, Suite 100, Irvine, CA 92612; 949-954-3724/3723; Emails: scott.hook@cbcalliance.com and daniel.tyner@cbcalliance.com. The Boulder Group recently negotiated the sale of a Walmart ground lease at Pointe Plaza, a 330,000 sq.ft. shopping center located along West Touhy Avenue in Niles, IL. Cotenants at the center include Ross Dress for Less, Walgreens, Fresh Farms International Market, Dress Barn and Babies “R” Us. The property was acquired for $5 million. The company represented the buyer and seller in the transaction. For more information, contact Randy Blankstein, The Boulder Group; 847-5620003; Email: randy@bouldergroup.com; Web site: www.bouldergroup.com. Calkain Cos. is exclusively selling a portfolio of 10 World of Beer locations throughout AL, FL, GA, MI, TN and TX. The asking price ranges from $3 million to $4 million. For more information, contact Stephen Counts, Calkain Cos., 11150 Sunset Hills Road, Suite 300, Reston, VA 20190; 404900-6928; Email: scounts@calkain.com; Web site: www.calkain.com.
SimonCRE recently acquired a 9,014 sq.ft. freestanding Dollar General located along West Highway 68 in Golden Valley, AZ, along with a Hertz Rent-A-Car facility located along West Camelback Road in Phoenix, AZ. For more information, contact Kassandra Bruhn, SimonCRE, 5111 North Scottsdale Road, Suite 200, Scottsdale, AZ 85250; 480-745-2631, Fax 480-588-4150; Email: kassandra.bruhn@simoncre.com. Sands Investment Group is selling a Valvoline Instant Oil Change facility located in Madison, WI. The tenant is bound to a NNN lease with 22 years remaining on the initial term and featuring 2% rental escalations annually. The asking price is $1.966 million with a Cap rate of 6.75%. For more information, contact Alessio Tropeano, Sands Investment Group; 339222-0208; Email: alessio@signnn.com. Marcus & Millichap is exclusively selling Plaza 1600 South Beach, a 6,090 sq.ft. shopping center located at the intersection of 16th Street and Alton Road in Miami Beach, FL. For more information, contact Scott Sandelin or Alejandro D’Alba, Marcus & Millichap; Web site: www.marcusmillichap.com. Stan Johnson Co. is selling a freestanding BJ’s Wholesale Club located in Rotterdam, NY. The tenant is bound to a 12-year lease. Area retailers include Sam’s Club. The asking price is $13.926 million with a Cap rate of 6.75%. For more information, contact Ryan Butler, Stan Johnson Co., 6120 South Yale Avenue, Suite 813, Tulsa, OK 74136; 918-494-2690; Email: rbutler@stanjohnsonco.com; Web site: www.stanjohnsonco.com.
Capital Pacific is selling Muncie Marketplace, a 77,851 sq.ft. shopping center situated on 9.1 acres in Muncie, IN. The property is 100% occupied and anchored by Dick’s Sporting Goods and Michaels. The asking price is $15.95 million with a Cap rate of 6.94%. For more information, contact Dave Lucas, Capital Pacific, 180 Montgomery, Suite 1250, San Francisco, CA 94104; 415-2747390; Email: dlucas@capitalpacific.com; D Web site: www.capitalpacific.com. M
President/Publisher Ann O’Neal • ann@dealmakers.net Editor Erin Dunkley • erin@dealmakers.net Editor Stephanie Weaver • stephanie@dealmakers.net Creative Director Anthony Pingicer • anthony@dealmakers.net Account Executive Nicole Papa • nicole@dealmakers.net Executive Assistant Kait Kelly • kait@dealmakers.net Co-Founder Ted Kraus • 1979–2007
The DealmakersTM (ISSN 1055-0771) is published weekly except for the weeks of January 1st, July 4th, the ICSC's Spring and Fall Conventions and December 25th for $344 per year U.S., foreign $419 by TKO Real Estate Advisory Group Inc., PO Box 2630, Mercerville, NJ 08690-0630. The Dealmakers TM reports on over 20,000 retailers, developers and management companies every year. It is written by real estate professionals for real estate professionals. The newsletter keeps readers abreast of the latest leasing, development and management changes occurring in the real estate industry on a weekly basis. NOTE: Current federal law requires written consent from a company prior to utilizing the published fax number. Share The DealmakersTM with your organization or service for free. Just let us know when your next meeting is and we'll send you copies of our issue for free for your members to learn how to be a better dealmaker! POSTMASTER: Send address changes to The Dealmakers, PO Box 2630 Mercerville, NJ 08690-0630. Periodical postage paid at Trenton, NJ and at additional mailing offices.
Capital Pacific is selling Muncie Marketplace in Muncie, IN. Page 4 | May 15, 2015
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NEW CONSTRUCTION InSite Real Estate is preleasing a 9,870 sq.ft. retail development located along North Kings Highway in North Myrtle Beach, SC. Endcaps and freestanding locations are available. Area retailers include AT&T Mobility, Staples, Lowe’s Home Improvement, Five Guys Famous Burgers and Fries, Walmart, Dollar Tree, Office Max, Petco, Home Depot, Chick-fil-A, Advance Auto Parts, Food Lion and CVS. Area demographics include a population of 30,848 within a five-mile radius earning $60,943 as the average household income. The average daily traffic count is 40,000 vehicles. The company is also preleasing a 4,240 sq.ft. retail development located along Carolina Beach Road in Wilmington, NC. Area retailers include Staples, Home Depot, Subway and Burger King. Area demographics include a population of 72,230 within a fivemile radius earning $71,216 as the average household income. The average daily traffic count is 40,000 vehicles. For more information, contact Jason Gigot or Nate Ecker, InSite Real Estate, 1401 North Tryon Street, Charlotte, NC 28202; 704-9985430/5431; Emails: jgigot@insiterealestate.com and necker@insiterealestate.com; Web site: www.insiterealestate.com. Sabre Real Estate is preleasing Plaza at Farmingdale Station, a 19,950 sq.ft. transit-oriented development located in Farmingdale, NY. The project will also feature 154 residential units. Area retailers include CVS, Minutemen Press, 7-Eleven, Chase Bank, Runner’s Edge, Subway, La Bottega, Stop & Shop, Lowe’s Home Improvement, BJ’s Wholesale Club, LA Fitness, Home Depot, Modell’s, Staples, PetSmart and Applebee’s. Area draws include Farmington State College. The site is adjacent to a train station with 4,625 riders daily. Area demographics include a population of 210,529 within a five-mile radius earning $94,880 as the median household income. For more information, contact Melissa Naeder or Edward Czarniak, Sabre Real Estate; 516-874-8070; Emails: melissa@sabreny.com and edward@sabreny.com; Web site: www.sabreny.com. Retail Specialists, LLC is developing a mixeduse project located at the intersection of Commerce and Bibb Street in Montgomery, AL. Plans call for 54 apartments over a 15,000 sq.ft. ground-floor retail component. The development is slated for completion during the summer. For more information, contact Rodney Barstein or DeeDee Everitt, Retail Specialists, LLC, 205-490-2832/205-209-4593. Dealmakers Magazine | www.dealmakers.net
Sullivan Hayes Northeast is preleasing a 79,000 sq.ft. retail development located along Hartford Turnpike/Route 85 in Waterford, CT. A freestanding restaurant pad site is available. Area retailers include the 788,000 sq.ft. Crystal Mall, Target, Pier 1 Imports, Dick’s Sporting Goods, Best Buy, Petco, Toys “R” Us, Walmart, Home Depot, BJ’s Wholesale Club, Books-A-Million, Bob’s Stores, OfficeMax, Staples, Marshalls and Burlington. Area demographics include a population of 115,430 within a seven-mile radius earning $80,108 as the average household income. The average daily traffic count is 29,000 vehicles. For more information, contact Jed Hayes, Sullivan Hayes Northeast; 860-470-1978; Email: jhayes@sullivanhayesne.com; Web site: www.sullivanhayesne.com.
Investment Management Associates, Inc. is preleasing Hialeah Park Plaza, a retail development located at the intersection of East 21st Street and East 1st Avenue in Hialeah, FL. Pad sites are available. The site is located across from Hialeah Park Racing & Casino featuring 20,000 visitors weekly and a metro-rail station. Area demographics include a population of 487,356 within a five-mile radius earning $39,232 as the average household income. The average daily traffic count is 38,800 vehicles. For more information, contact Investment Management Associates, Inc., 1575 San Ignacio Avenue, Suite 400, Coral Gables, FL 33146; 305-661-0110, Fax 305-661-7803; Web site: www.ima-re.com.
Elmington Capital Group is proposing the redevelopment of a 3.3-acre parcel at the intersection of Demonbreun Street and 16th Avenue South in Midtown, TN. Plans call for a 30,000 sq.ft. Publix supermarket and a 200-car parking garage to be constructed during the first phase of development. For more information, contact Elmington Capital Group, 118 16th Avenue South, Suite 200, Nashville, TN 37203; 615490-6700, Fax 615-490-6701; Web site: www.elmingtoncapital.com.
MHT Holdings, Inc., in a joint effort with McGuire Development Co., is proposing the development of Pilgrim Village, a mixeduse project located in Buffalo, NY. Plans for the first phase of development include a sixstory, 260,000 sq.ft. building featuring 60,000 sq.ft. of ground-level retail space and 152 residential units, 62 senior citizen apartments and an 85,000 sq.ft., four-story parking ramp with 210 spaces. The development is slated for completion during the first quarter of 2017. For more information, contact McGuire Development; 716-829-1900; Web site: www.mcguiredevelopment.com.
I.M.C. Property Management is planning to redevelop a 281,000 sq.ft. shopping center situated on 32.8 acres along Northwest 27th Avenue in Miami Gardens, FL. Plans call for the center to be redeveloped into 300,000 sq.ft. of retail space. For more information, contact I.M.C. Property Management, 696 Northeast 125th Street, Miami, FL 33161; 305-893-9955.
Equity One, Inc. is proposing the redevelopment of a shopping center located along Westbard Avenue in Bethesda, MD. Plans call for 250,000 sq.ft. of retail space and 500 to 700 homes situated on 22 acres. For more information, contact Equity One, Inc., 410 Park Avenue, Suite 1220, New York, NY 10022; 212-796-1760; Web site: www.equityone.net. DM
Equity One, Inc. is proposing the redevelopment of a shopping center in Bethesda, MD. May 15, 2015 | Page 5
WHO’S OPENING AND WHERE Lululemon Athletica, Inc. (604-732-6124) is opening 20 new concept apparel stores trading as Ivivva. The chain will offer yoga clothes for tween and teenage girls. The company, offering yoga-inspired athletic apparel and accessories for men and women, currently operates more than 70 locations nationwide. Another concept for the company, Kit and Ace is planning to open 15 locations throughout Canada by early 2016, as part of an expansion plan to operate as many as 55 stores during the next 12 months. Locations are also being considered in London, England; Melbourne and Sydney, Australia and Tokyo. The company offers apparel for men and women and currently operates five locations in Canada. We Rock the Spectrum (818-708-0860) recently entered NM by opening a 4,200 sq.ft. gym at Alameda West Shopping Center, a 125,000 sq.ft. retail center located along Coors Boulevard Northwest, adjacent to Cottonwood Mall, in Albuquerque, NM. The chain of fitness centers, catering to kids two to 14 years, currently operates 13 locations throughout CA, FL and NY. Sarpino’s Pizzeria (847-374-6300), through franchisee expansion plans, is looking to open 10 locations throughout the Midwestern region of the U.S. over the next five years. The company currently operates 48 pizzerias throughout IL, MN, MO, OH, NY, PA, VA and Washington, DC. Andy’s Frozen Custard (417-881-3500), through a franchisee, is planning to open 20 locations throughout Tulsa and Oklahoma City, OK; Nashville, TN; Dallas, TX and various FL markets. The company currently operates 23 locations throughout AR, IL, MO, OK and TX.
Penn Station East Coast Subs (513-4745957), through a franchisee, plans to open 10 sub shops throughout Alpharetta, Buford, Cumming, Duluth, Johns Creek, Lawrenceville, Norcross and Roswell, GA over the next five years. Additional franchise opportunities are available in Chicago, IL: Detroit, MI; the Kansas City region; NC, SC, Nashville, TN and Richmond, VA. The company currently operates more than 290 locations throughout GA, IL, IN, KS, KY, MI, MO, NC, PA, OH, SC, TN, TX, VA and WV. The HoneyBaked Ham Co. and Café (866968-7424), through franchise expansion plans, is looking to open 15 to 20 locations nationwide this year. The company recently expanded into the Northeastern region of the U.S., opening locations in West Caldwell, NJ and Erie, PA. The chain currently operates 400 locations nationwide, including 190 franchised sites. Costco Wholesale Corp. (425-313-8100) is planning to open a 148,000 sq.ft. Costco Wholesale at a shopping center located along U.S. 29 in Charlottesville, VA during 2016. The company offers bulk food items, family apparel, household goods and furniture, as well as automotive and pharmacy services. Texas Roadhouse, Inc. (502-426-9984) is planning to open an 8,799 sq.ft. Bubba’s 33 restaurant along Veterans Parkway in Clarksville, TN, in addition to opening five other locations this year. The company currently operates four Bubba’s 33 restaurants. Little Caesars Enterprises, Inc. (313-9836000), through franchise expansion plans, is looking to expand throughout Andrews, Kingstree and Pawleys Island, SC this year.
Bassett Furniture Industries, Inc. (877525-7070) is planning to open three to five corporate Bassett Furniture stores this year, including locations in CA and Dulles, VA. The company also plans to open locations throughout the Washington, DC market. The chain, offering living room, dining room, bedroom and office furniture items, as well as home décor products, currently operates 94 locations nationwide. Bennigan’s (469-248-4419), through a franchisee, is opening 100 restaurants throughout CA under the Bennigan’s and Steak and Ale brands. Additional openings are planned throughout FL, MD, NJ, TN and TX, as well as in Mexico, Central America, Cyprus, Egypt, Korea, Kuwait and Saudi Arabia. The company currently operates 150 locations nationwide. The Melting Pot Restaurants, Inc. (800-7830867), through a franchisee expansion, is entering AR with a Melting Pot restaurant slated to open in Little Rock during early 2016. It will be the company’s first location in the state. The chain of restaurants, serving fondue dishes, currently operates 130 locations across 35 states nationwide and in Canada, Mexico and southeastern Asia. Sky Zone, LLC (314-616-6244), through a franchisee agreement, is opening a 30,000 sq.ft. Sky Zone Trampoline Park location in Orland Park, IL during the fall. The company currently operates 95 locations nationwide, as well as in Canada, Mexico and Australia. Massage Envy Spa (480-366-4100) is planning to open locations in Albany, Ithaca, Rochester, Syracuse, Manhattan and the surrounding boroughs of New York, NY. The company currently operates more than 1,055 facilities throughout 49 states. Hennes & Mauritz AB (212-564-9922) is planning to open an H&M store on the second floor of 4 World Trade Center in New York, NY. The chain offers men’s, women’s and children’s apparel and accessories. Beef Jerky Outlet Franchise (586-246-5405) is planning to open 55 Beef Jerky Outlet locations nationwide, as well as in Puerto Rico. The company currently operates 35 locations across the country.
Costco Wholesale Corp. is planning to open a 148,000 sq.ft. store in Charlottesville, VA during 2016. Page 6 | May 15, 2015
Sprouts Farmers Market (480-814-8016) is planning to open a supermarket in the Memphis, TN area later this year. The company currently operates nearly 200 D locations throughout 12 states. M Dealmakers Magazine | www.dealmakers.net
FOOD CHAINS EXPAND Focus Brands, Inc. trades as Moe’s Southwest Grill at more than 500 locations nationwide and internationally. The restaurants prefer to occupy spaces of 2,400 sq.ft. to 3,000 sq.ft. in entertainment, lifestyle, power and specialty centers, malls, freestanding locations, and urban/downtown areas. Growth opportunities are sought throughout northern NJ during the coming 18 months, with representation by Evergreen Commercial Real Estate. Focus Brands, Inc. also trades as Carvel and Cinnabon at more than 1,500 locations nationwide and internationally. The companies prefer to occupy spaces of 1,000 sq.ft. to 1,800 sq.ft. in entertainment, lifestyle, power and specialty centers, malls, freestanding locations, and urban/downtown areas. Growth opportunities are sought throughout northern NJ during the coming 18 months, with representation by Evergreen Commercial Real Estate. For more information, contact Douglas Balduini, Evergreen Commercial Real Estate, 1037 Route 46 East, Suite 204, Clifton, NJ 07013; 973-332-0518, Fax 973-470-9821; Email: dougb@evergreencommercial.com; Web site: www.evergreencommercial.com.
Eat N’ Park Hospitality Group, Inc. trades as Eat N’ Park Restaurant at 73 locations throughout OH, PA and WV. The family-style restaurants prefer to occupy spaces of 6,500 sq.ft. in malls and on pad sites of power centers. Limited growth opportunities are sought throughout western PA during the coming 18 months. For more information, contact Bill Bates, Eat N’ Park Hospitality Group, Inc., 285 East Waterfront Drive, Pittsburgh, PA 15120; 412-476-2494; Email: wbates@eatnpark.com; Web site: www.eatnpark.com.
Peet’s Coffee & Tea operates more than 230 locations nationwide. The coffee shops prefer to occupy spaces of 1,800 sq.ft. to 2,200 sq.ft. in freestanding locations, inline spaces or endcaps of grocery-anchored shopping centers with a drive-thru. Plans call for 25 openings throughout the existing market annually. Preferred demographics include a population of 60,000 within a two-mile radius earning $50,000 as median household income. Preferred average daily traffic counts include 25,000 vehicles. The company prefers to locate near universities and colleges, as well as medical and office buildings. For more information, contact Real Estate Department, Peet’s Coffee & Tea, Email: realestateteam@peets.com; Web site: www.peets.com.
Captain D’s Seafood Restaurant trades as Captain D’s Seafood at more than 500 locations nationwide in 26 states. The restaurants prefer to occupy spaces of 2,804 sq.ft. in freestanding locations. Growth opportunities are sought throughout select markets nationwide during the coming 18 months. A land area of 30,000 sq.ft. is preferred. Preferred demographics include a population of 20,000 within one mile earning $40,000 to $75,000 as the average household income. Expansion is franchise-driven. For more information, contact Lori Osley, Captain D’s Seafood Restaurant; 405-6238685; Web site: www.captaindsfranchising.com.
Little Greek Restaurant currently operates more than 15 locations throughout AR, FL and TX. The restaurants prefer to occupy spaces of 1,000 sq.ft. to 2,000 sq.ft. in shopping centers, freestanding locations and downtown areas. Growth opportunities are sought throughout Lakeland, Sarasota and Tampa Bay, FL during the coming 18 months, with representation by Franklin Street Real Estate Services. For more information, contact Brian Bern, Franklin Street Real Estate Services, 500 North Westshore Boulevard, Suite 750, Tampa, FL 33609; 813-839-7300; Email: brian.bern@franklinst.com; Web site: www.franklinst.com. Dealmakers Magazine | www.dealmakers.net
It’s A Grind operates 25 locations throughout AZ, CA, CO, CT, TX and internationally. The coffee shops prefer to occupy spaces of 1,000 sq.ft. to 1,500 sq.ft. in freestanding locations and endcaps with a drive-thru in entertainment, mixed-use, power and strip centers. Growth opportunities are sought throughout AZ, CA, CO, FL and TX during the coming 18 months. For more information, contact Abol Helmy, It’s A Grind, 14071 Stage Road, Santa Fe Springs, CA 90670; 949-265-0589, Fax 949752-5283; Email: ahelmy@praiseintl.com; Web site: www.itsagrind.com.
McDonald’s operates more than 36,000 locations worldwide. The fast-food restaurants prefer to occupy spaces of 2,800 sq.ft. to 5,300 sq.ft. in freestanding locations and pad sites of shopping centers. Growth opportunities are sought throughout central and northern NJ during the coming 18 months, with representation by The Goldstein Group. A land area of 0.75 to one acre is required for freestanding sites. Panchero’s operates more than 60 locations nationwide. The restaurants prefer to occupy spaces of 2,200 sq.ft. to 2,500 sq.ft. in freestanding locations, endcaps or pad sites of shopping centers. Growth opportunities are sought throughout central and northern NJ during the coming 18 months, with representation by The Goldstein Group. Preferred demographics include a population of 15,000 within a two-mile radius. Applebee’s operates nearly 2,000 locations throughout North America. The casual-dining restaurants prefer to occupy spaces of 6,000 sq.ft. to 6,500 sq.ft. in freestanding locations, endcaps and pad sites of neighborhood shopping centers. Growth opportunities are sought throughout central and northern NJ during the coming 18 months, with representation by The Goldstein Group. For more information regarding McDonald’s, contact John Ostrowski, The Goldstein Group, 45 Eisenhower Drive, Suite 500, Paramus, NJ 07652; 201-7039700 Ext. 121, Fax 201-703-9678; Web site: www.thegoldsteingroup.com. For more information regarding Panchero’s, contact Neil Goldstein; Ext. 112; Email: ngoldstein@thegoldsteingroup.com. For more information regarding Applebee’s, contact John Ostrowski or Chuck Lanyard; Ext. 115; Email: clanyard@thegoldsteingroup.com. DM
Moe’s Southwest Grill is growing throughout northern NJ during the coming 18 months. May 15, 2015 | Page 7
HOME-RELATED CHAINS EXPAND (continued from page one)
earning $50,000 as the average household income. A land area of 3.5 acres is required for freestanding locations. For more information, contact Scott Milnamow, Raymour & Flanigan Furniture, 7248 Morgan Road / PO Box 220, Liverpool, NY 13088; 315-453-2590, Fax 315-4532570; Email: smilnamow@raymourflanigan.com; Web site: www.raymourflanigan.com. Airbase Carpet & Tile Mart operates 11 locations throughout DE and PA. The stores, offering carpet, tile and floor coverings, occupy spaces of 25,000 sq.ft. to 50,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout Deptford, NJ and in Exton/Downingtown areas in Chester County, Springfield in Delaware County, Oaks, Plymouth Meeting and King of Prussia in Montgomery County, Oxford Square in Bucks County and in south Philadelphia, PA during the coming 18 months. Preferred demographics include a population of 80,000 within 10 miles. The company will only acquire sites.
For more information, contact Michael Longwill, Airbase Carpet & Tile Mart, 230 North Dupont Highway, New Castle, DE 19720; 302-328-1597 Ext. 222, Fax 302322-9151; Email: mlongwill@carpetmart.com; Web site: www.carpetmart.com. Stokes, Inc. trades as Stokes, Fenton Gourmet and Think Kitchen at 150 locations throughout Canada. The stores, offering kitchenware products and home décor items, occupy spaces of 1,500 sq.ft. to 3,000 sq.ft. in malls, lifestyle, outlet, power and specialty centers, as well as street fronts. Plans call for six to 10 openings throughout the existing market during the coming 18 months. For more information, contact Stuart Shiveck, Stokes, Inc., 5660 Ferrier Street, Montreal, Quebec, Canada H4P 1M7; 514-341-4334, Fax 514-341-1081; Email: sshiveck@stokesstores.com; Web site: www.stokesstores.com. PPG Industries trades as PPG Paints at more than 900 locations nationwide and in Canada and Puerto Rico. The stores, offering paints, coatings, specialty materials, glass and fiber
glass products, occupy spaces of 2,500 sq.ft. to 6,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought nationwide during the coming 18 months. The company will also consider locating in industrial flex spaces. For more information, contact Mike Calleja, PPG Industries, 300 South 13th Street, Louisville, KY 40201; 502-640-8542, Email: mike.calleja@ppg.com; Web site: www.ppg.com. Railroad Salvage Co. trades as Railroad Stores at one location in CT. The company offers living room, dining room and bedroom furniture, as well as home décor items, and occupies spaces of 20,000 sq.ft. to 35,000 sq.ft. in freestanding locations and power centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Preferred demographics include a population of 100,000 within 10 miles. For more information, contact Alan Vine, Railroad Salvage Co., PO Box 99, Northford, CT 06472; 203-484-2600, Fax 203-4849074; Web site: www.railroadstores.com. DM
EXCLUSIVES AND TENANT REPS Sabre Real Estate (516-874-8070) is representing Del Frisco’s Grille with its expansion plans throughout Long Island and the outer boroughs of New York, NY. The restaurants prefer to occupy spaces of 7,500 sq.ft. to 8,500 sq.ft. with outdoor patio space near office complexes and strong retail generators. The company is also representing Not Your Average Joe’s Kitchen & Bar with its expansion plans throughout Long Island, NY. The restaurants prefer to occupy spaces of 6,500 sq.ft. in freestanding locations or endcaps of shopping centers with outdoor patio seating. The company prefers to locate near strong traffic generators. Divaris Real Estate, Inc. (571-620-5142) is representing Avis Budget Group with its expansion plans throughout the central business district area of Washington, DC. The car rental company prefers to occupy
spaces of 500 sq.ft. to 2,000 sq.ft. in street level retail spaces with ample parking. Retail Solutions (201-722-6290) is representing Shipley Do-Nuts with its expansion plans throughout the metropolitan surrounding area of San Antonio, TX. The donut shops prefer to occupy spaces of 1,500 sq.ft. to 2,400 sq.ft. in freestanding locations and endcaps of shopping centers. Mid-America Real Estate – Wisconsin, LLC (414-273-4600) was recently appointed as the exclusive leasing agent for the following WI properties: Bayside Marketplace, a 216,091 sq.ft. shopping center in Green Bay; Memorial Mall, a 367,147 sq.ft. mall in Sheboygan; East Pointe Marketplace, a Pick ‘n Save grocery-anchored shopping center in Milwaukee and Mt. Pleasant Plaza and High Ridge Centre in Racine.
Lockehouse Retail Group, Inc. (650-5482687) is representing BodyROK with its expansion plans throughout Berkeley, Rockridge and Oakland markets of Alameda County, the Lafayette section of Contra Costa County and Larkspur, Mill Valley and San Rafael areas of Marin County, CA. The fitness and cycling studios prefer to occupy spaces of 1,800 sq.ft. to 3,500 sq.ft. in areas with dense pedestrian and vehicular traffic. CBRE | Fameco (484-567-2830) is representing Charming Charlie with its expansion plans throughout DE, NJ and eastern PA. The company, offering handbags, footwear, jewelry and accessories, prefers to occupy spaces of 4,500 sq.ft. to 6,500 sq.ft. in endcaps of lifestyle and power centers, as well as regional malls. Preferred cotenants include apparel stores. DM
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LEAD SHEET Int. Fashion Concept dba Barami Bahram Hakakian 519 8th Avenue, 5th Floor New York, NY 10018 212-629-6464, Fax 212-695-1417 Email: bahram@barami.com Web site: www.barami.com
Accessories/Apparel The three-unit chain operates locations in GA and New York, NY. The stores, offering women’s accessories and apparel items, occupy spaces of 1,000 sq.ft. to 2,500 sq.ft. in downtown areas, freestanding locations and malls. Growth opportunities are sought throughout CT, NJ and NY during the coming 18 months. Typical leases run 10 to 15 years. Preferred cotenants include upscale retailers. Preferred demographics include a trade-area population earning $100,000 as the average household income.
Fabricland Distributors Voula Pedias 35 Lesmill Road Toronto, Ontario, Canada M3B 2T3 416-703-1877, Fax 416-504-9216 Email: voulap@westdaleproperties.com Web site: www.fabricland.ca
Arts/Crafts The 120-unit chain operates locations throughout Canada. The stores, offering fabrics, sewing materials and related home décor items, occupy spaces of 11,000 sq.ft. to 15,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout British Columbia and Ontario, Canada during the coming 18 months.
Advance Auto Parts Marvin Hartman c/o Pliskin Realty & Development 591 Stewart Avenue, Suite 100 Garden City, NY 11530 516-997-0100, Fax 516-997-7225 Email: mhartman@pliskinrealty.com Web site: www.pliskinrealty.com
Automotive The chain operates more than 5,000 locations nationwide and in Canada and Puerto Rico. The stores, offering automotive parts, batteries, accessories and maintenance items, occupy spaces of 6,800 sq.ft. to 8,000 sq.ft. in freestanding locations and endcaps and inline spaces of shopping centers. Growth opportunities are sought throughout Long Island, Westchester and the lower Hudson Valley region, as well as the five surrounding boroughs of New York, NY during the coming 18 months, with representation by Pliskin Realty & Development. The company prefers locations in areas with high visibility.
Al & Ed’s Autosound Barry Hodis 11256 Bradley Avenue Pacoima, CA 91331 818-908-5700, Fax 818-908-5741 Email: bhodis@al-eds.com Web site: www.al-eds.com
Automotive The chain operates 14 locations throughout southern CA. The stores, sell and install top brand name mobile electronics, including speakers, navigation systems and car stereos, and prefer to occupy spaces of 2,000 sq.ft. to 3,500 sq.ft. in malls, freestanding locations, outlet, power and strip centers, as well as downtown areas. Growth opportunities are sought throughout the existing market during the coming 18 months.
CarMax Tim McNamara c/o Sullivan Hayes Cos. 10 Waterside Drive, Suite 301 Farmington, CT 06032 860-677-5252, Fax 860-679-5260 Email: tmcnamara@sullivanhayesne.com Web site: www.sullivanhayesne.com
Automotive The chain operates more than 140 locations nationwide. The automotive dealerships prefer to occupy freestanding locations on four to 15 acres. Growth opportunities are sought throughout CT, RI and western MA during the coming 18 months, with representation by Sullivan Hayes Cos.
Tilden Car Care Centers Robert Baskind 300 Hempstead Turnpike, Suite 110 West Hempstead, NY 11552 516-746-7911, Fax 516-746-1288 Email: rbaskind@tildencarcare.com Web site: www.tildencarcare.com
Automotive The chain operates more than 30 locations throughout CO, FL, GA, MA, NC, NJ, NY, OH, RI, TN and TX. The automotive service centers occupy spaces of 2,500 sq.ft. to 5,000 sq.ft. in freestanding locations. Plans call for 10 openings nationwide during the coming 18 months. Typical leases run 20 years. A vanilla shell and specific improvements are required. Preferred demographics include a population of 50,000 within five miles earning $50,000 as the average household income. Major competitors include Goodyear and Midas. The company is franchising.
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May 15, 2015 | Page 9
LEAD SHEET Becky’s Cards and Gifts, Inc. dba Becky’s Hallmark Shops Francis Norsworthy Jr. 221 McLaws Circle Williamsburg, VA 23185 757-220-6772, Fax 757-259-0120 Email: fnorsw1@beckyshallmark.com Web site: www.hallmark.com
Cards The 16-unit chain operates locations throughout NC and VA. The card and gift shops occupy spaces of 3,000 sq.ft. to 6,000 sq.ft. in freestanding locations, regional malls, community, lifestyle, power, specialty and strip centers, as well as urban/downtown areas. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run five years with two, five-year options. A vanilla shell is required. Preferred cotenants include Target and grocery and department stores. Preferred demographics include a population of 17,000 within three miles earning $50,000 as the average household income. Major competitors include Walmart and Walgreens. A land area of 0.9 acres is required for freestanding locations.
QuickChek Corp. dba QuickChek Jeff Albanese 3 Old Highway 28 Whitehouse Station, NJ 08889 908-534-7272, Fax 908-534-7216 Email: jalbanese@qchek.com
Convenience The 140-unit chain operates locations throughout NJ and Long Island and the Hudson Valley region of NY. The convenience stores, with gasoline facilities, occupy spaces of 4,500 sq.ft. to 7,000 sq.ft. in freestanding locations at signalized intersections. Growth opportunities are sought throughout the existing markets during the coming 18 months. Preferred average daily traffic counts include at least 25,000 vehicles. A land area of at least one acre is required. The company prefers to acquire sites and build-to-suit opportunities.
United Oil Co., Inc. dba United Oil Co. Hamid Ghannad 15429 North Florida Avenue Tampa, FL 33613 757-650-3156 Web site: uopgalleries.com
Convenience The 60-unit chain operates locations throughout FL. The convenience stores, with gasoline facilities, occupy spaces of 1,200 sq.ft. to 4,000 sq.ft. in freestanding locations and inline spaces of shopping centers. Growth opportunities are sought throughout the New England and Mid-Atlantic regions of the U.S., in areas from ME down to VA, during the coming 18 months.
99 Cents Only Stores Jesse Allen 4000 Union Pacific Avenue City of Commerce, CA 90023 323-881-1258, Fax 323-307-9636 Email: jessea@99only.com Web site: www.99only.com
Discount The 358-unit chain operates locations throughout AZ, CA, NV and TX. The stores, offering discounted general merchandise, occupy spaces of 10,000 sq.ft. to 25,000 sq.ft. in freestanding locations, neighborhood and power centers, as well as urban/downtown areas. Growth opportunities are sought throughout the existing markets during the coming 18 months. Preferred demographics include a population of 70,000 within one mile earning $40,000 as the average household income.
Dollar Tree Carol Hutchinson c/o Charter Realty & Development Corp. 1666 Massachusetts Avenue Lexington, MA 02420 617-623-4333 Email: carol@chartweb.com Web site: www.chartweb.com
Discount The chain operates more than 5,367 locations nationwide and in Canada. The stores, offering general merchandise, seasonal items, office, party and school supplies and beauty products all priced at $1, occupy spaces of 8,000 sq.ft. to 12,000 sq.ft. in freestanding locations and neighborhood strip centers. Growth opportunities are sought throughout CT during the coming 18 months, with representation by Charter Realty & Development Corp.
Just-A-Buck Mike Conners 563 Temple Hill Road New Windsor, NY 12553 Email: mikec@justabuck.com Web site: www.justabuck.com
Discount The 18-unit chain operates locations throughout CA, ME, NJ, NY and OH. The stores, offering general merchandise priced at $1, occupy spaces of 3,000 sq.ft. to 5,000 sq.ft. in strip centers. Growth opportunities are sought throughout CT, DE, ME, NJ, NY, OH, PA and TN during the coming 18 months. Typical leases run 10 years with options. A vanilla shell and specific improvements are required. Major competitors include Dollar Tree. The company is franchising.
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LEAD SHEET Fidelity Investments Brian Silbert or Wayne Kasbar c/o Silbert Realty & Management Co., Inc. 85A Division Avenue / PO Box 406 Millington, NJ 07946 908-604-6900, Fax 908-604-2030 Emails: bsilbert@silbertrealestate.com and wkasbar@silbertrealestate.com Web site: www.silbertrealestate.com
Finance The chain operates locations nationwide. The financial service centers occupy spaces of 4,000 sq.ft. to 6,000 sq.ft. in freestanding locations and endcaps of shopping centers. Growth opportunities are sought throughout select regions of NJ during the coming 18 months, with representation by Silbert Realty & Management Co., Inc.
Color, Inc. dba October Hill Road Al Shameklis 47 October Hill Road Holliston, MA 01746 508-474-2987 Email: al@thecolorstores.com Web site: www.thecolorstores.com
Gifts/Accessories The company operates one location in MA. The gift shop occupies spaces of 1,500 sq.ft. to 3,500 sq.ft. in malls, lifestyle and specialty centers. Growth opportunities are sought nationwide during the coming 18 months.
Spencer Gifts, LLC dba Spencer’s Sue Waldman 6826 Black Horse Pike Egg Harbor Township, NJ 08234 609-645-3300, Fax 609-645-5728 Email: sue.waldman@spencergifts.com Web site: www.spencergifts.com
Gifts The 675-unit chain operates locations nationwide and in Canada. The stores, offering unique merchandise and gift items, occupy spaces of 1,800 sq.ft. to 2,100 sq.ft. in regional malls. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 10 years. A vanilla shell and specific improvements are required.
Relax the Back Noah Jones c/o Atlantic Retail Properties 1001 North US Highway One, Suite 600 Jupiter, FL 33477 561-427-6699, Fax 561-427-6561 Email: njones@atlanticretail.com Web site: www.atlanticretail.com
Healthcare The chain operates more than 100 locations nationwide and in Canada. The stores, offering ergonomic products to help mitigate and prevent back problems, occupy spaces of 2,000 sq.ft. to 3,000 sq.ft. in freestanding locations, power and strip centers, malls and urban/ downtown areas. Growth opportunities are sought throughout Dade County, FL during the coming 18 months, with representation by Atlantic Retail Properties.
Complete McLendon Hardware Rolland Jones c/o Kidder Mathews 12886 Interurban Avenue South Seattle, WA 98168 877-454-3337 Web site: www.kiddermathews.com
Home Improvements The seven-unit chain operates locations throughout WA. The home improvement stores occupy spaces of 50,000 sq.ft. in strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months.
Grace Holdings dba Grace Holdings Liquors Michael Berke c/o Oxford Real Estate Services Group 388 East Main Street Branford, CT 06405 203-483-2900 Email: oxfordregroup@gmail.com
Liquor The three-unit chain operates locations throughout CT. The liquor stores occupy spaces of 5,000 sq.ft. to 35,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months, with representation by Oxford Real Estate Services Group. Typical leases run 10 years. Preferred cotenants include supermarkets.
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May 15, 2015 | Page 11
LEAD SHEET Sharon Acquisition Co., LLC dba Sharon Luggage Paul Steiger 8000 Arrowridge Boulevard Charlotte, NC 28273 Email: paulsteiger@sharonluggage.com Web site: www.sharonluggage.com
Luggage The chain operates two locations in NC. The luggage shops occupy spaces of 2,200 sq.ft. to 3,200 sq.ft. in lifestyle and specialty centers. Plans call for one opening in Charlotte, NC during the coming 18 months.
Planet Beach Franchising Corp. dba Planet Beach Tim Normand 5145 Taravella Road Marerro, LA 70072 504-361-5550 Email: tim.normand@planetbeach.com Web site: www.planetbeach.com
Service The chain operates more than 180 locations nationwide and internationally. The facilities, offering spa, massage, facial and tanning services administered via automated equipment, occupy 1,400 sq.ft. to 1,600 sq.ft. in inline spaces of grocery-anchored shopping centers. Growth opportunities are sought throughout the existing markets during the coming 18 months.
Fleet Feet, Inc. dba Fleet Feet Sports Frank Pitts PO Box 1269 Carrboro, NC 27510 919-942-3102, Fax 919-932-6176 Email: frank.pitts@fleetfeet.com Web site: www.fleetfeet.com
Shoes The 143-unit chain operates locations nationwide. The stores, offering athletic footwear and apparel items, occupy spaces of 2,000 sq.ft. to 3,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. The company is franchising.
McColla Enterprises, Ltd. dba Street Corner Peter La Colla 2945 Southwest Wanamaker Drive Topeka, KS 66614 785-290-1021, Fax 785-272-2384 Email: peter@streetcorner.com Web site: www.streetcorner.com
Specialty The 45-unit chain operates locations throughout AL, AZ, CA, CT, FL, KS, MN, MO, NC, NJ, NV, NY, OH, PA, RI, SC, TN and VA. The shops, offering snacks, drinks and convenience type items, occupy spaces of 150 sq.ft. to 1,500 sq.ft. in street front locations and office buildings. Growth opportunities are sought nationwide during the coming 18 months. The company is franchising.
Calendar Holdings, LLC dba Go! Calendars or Go! Calendars, Games & Toys Lori Lesko 6411 Burleson Road Austin, TX 78744 512-386-7220, Fax 512-369-6192 Email: loril@calendars.com Web site: www.calendarholdings.com
Temporary Tenant The chain operates locations nationwide from September through January. The shops prefer to occupy spaces of 200 sq.ft. to 4,000 sq.ft. in kiosks, malls and inline spaces of lifestyle and outlet centers. Growth opportunities are sought on a temporary basis nationwide during the coming 18 months.
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 | May 15, 2015
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SOURCES OF FINANCING Marcus & Millichap Capital Corp. recently negotiated $8.5 million in financing for a 19,238 sq.ft. retail property located in Eagle Rock, CA. The loan features a 10-year term, 25-year amortization period, a loan-tovalue ratio of 65% and a fixed interest rate of 3.89%. The company provides capital market products for retail, residential, office and industrial properties. For more information, contact Sharone Sabar, Marcus & Millichap Capital Corp., 818-2122700; Web site: www.marcusmillichap.com. Dockerty Romer & Co. recently negotiated $6.825 in permanent financing for the acquisition of The Shoppes of Hillsboro, a 61,165 sq.ft. shopping center located along Hillsboro Boulevard, between Military Trail and Powerline Road, in Deerfield Beach, FL. The 10-year loan features an interest rate below 4% and a five-year interest only period. The company is a full-service commercial mortgage banking company specializing in the capitalization of income producing properties. For more information, contact Bob Dockerty, Dockerty Romer & Co., 70 Southeast 4th Avenue, Delray Beach, FL 33483; 561-330-8000, Fax 561-330-8001; Email: bdockerty@dockertyromer.com; Web site: www.dockertyromer.com. DM
REAL ESTATE PROFESSIONALS MAKING THE NEWS Mid-America Real Estate - Wisconsin, LLC (414-273-4600) recently hired Matt Chappell to the firm’s property sales and leasing team. He will focus on leasing and marketing of shopping centers, in addition to outlot and building sales. Prior to joining the company, Chappell served as an associate broker at Retail Properties Group. Stirling Properties (985-246-3764) recently hired Charles Barclay as an assistant asset manager to manage properties in the New Orleans, LA area. The company specializes in brokerage services, development and redevelopment, acquisitions, investments and property and asset management. Progressive Real Estate Partners (909373-7059) recently announced that Frank Vora was awarded the Certified Commercial Investment Member designation by the CCIM Institute. The company specializes in leasing and sales services throughout the Inland Empire market in D southern CA. M Dealmakers Magazine | www.dealmakers.net
LEASE SIGNINGS Divaris Real Estate, Inc. (757-497-2113) recently negotiated the following leases throughout VA: with Michaels for 21,370 sq.ft. at Hampton Roads Crossing, located along University Boulevard in Suffolk with Levi Thomson and Eric Bucklew of Divaris Real Estate, Inc. representing the landlord, HRC Retail, LLC, in the transaction; with Cingular Wireless for 5,000 sq.ft. at Marketplace at Tech Center, located along Jefferson Avenue in Newport News, with Erica Meekins and Mary McGovern of Divaris Real Estate, Inc. representing the landlord, Marketplace at Tech Center, LLC, in the transaction; with Simply Fashions for 5,000 sq.ft. along North Mall Drive in Virginia Beach, with David Redmond of Divaris Real Estate, Inc. representing the tenant in the transaction and with Plaza Azteca for 2,400 sq.ft. at Broad Creek Shopping Center, located along North Military Highway in Norfolk, with David Redmond and Melinda Pezzella of Divaris Real Estate, Inc. representing the landlord, Broad Creek Phase I, LLC, in the transaction Lee & Associates | Charleston (843-2774322) recently negotiated a sub-lease with Low Tide Brewing, LLC for 5,000 sq.ft. along Maybank Highway in Johns Island, SC. Reid Davis of Lee & Associates | Charleston represented the tenant and Jim Mooring of The Commonwealth Co., Inc. represented the landlord, Maybank Group, LLC, in the transaction. The company also recently negotiated leases with Tropical Smoothie for 1,325 sq.ft. and with Ali Baba, LLC for 1,437 sq.ft. along Seven Farms Drive in Daniel Island, SC, with Pete Harper of Lee & Associates | Charleston representing the landlord, Daniel Island I, LLC, in both transactions. Jeffery Realty (908-668-9600) recently negotiated the following leases throughout NJ: with Hand & Stone Massage for 2,400 sq.ft. at Clifton Town Center in Clifton and for 2,400 sq.ft. at Pompton Lakes Town Center in Pompton Lakes, with Bill Farkas as the procuring broker; with Mellow Mushroom on a pad site ground lease along Route 37 in Toms River; with Hobby Lobby for 58,995 sq.ft. at The Court at Deptford in Deptford and with Great Play for 3,500 sq.ft. at the Kohl’s/Stop & Shop Shopping Plaza along Route 35 in Middletown, while Mike Testa handled the lease negotiations and was the procuring broker. Sandor Development Co. (317-524-7853) recently negotiated a lease with Mathnasium for 1,600 sq.ft. at Gateway Shops in Carmel, IN. Drew Kelly was responsible for procuring the tenant.
SRS Real Estate Partners (214-560-3215) recently negotiated the following leases: with Over Easy, Inc. for 4,200 sq.ft. at Dolly Creek Shopping Center, located along Acton Road in Birmingham, AL, with Ryan Geary and Chuck Callans of SRS Real Estate Partners representing the landlord, BRC Dolly Creek Station, LLC, in the transaction; with Luscher’s Red Hots restaurant for 2,536 sq.ft. along Commerce in Dallas, TX; with Carter’s for 6,515 sq.ft. and OshKosh B’gosh at The Corner at Shot Pump, located along West Broad Street in Richmond, VA, with Dawn Greiner of SRS Real Estate Partners and David Andrews of The Shopping Center Group, LLC representing Carter’s in the transaction. Mid-America Real Estate – Wisconsin, LLC (414273-4600) recently negotiated the following leases throughout WI: with Buffalo Wild Wings for 5,754 sq.ft. along Milwaukee Road in Beloit, with Adam Dreier of Mid-America Real Estate – Wisconsin, LLC representing the tenant in the transaction; with Cost Cutters for 1,200 sq.ft. at Silvernail Plaza, located Silvernail Road in Pewaukee, with Scott Satula of Mid-America Real Estate – Wisconsin, LLC representing the landlord in the transaction and with CiCi’s Pizza for 3,648 at The Plaza, located along West Bluemound Road in Brookfield, with Teresa Shemitis and Scott Satula representing the landlord in the transaction. Avison Young (919-420-1588) recently negotiated a lease with Furbish Studio, a home furnishings and gift store, for 828 sq.ft. at Cameron Village located at the intersection of Cameron Street and Woodburn Road in Raleigh, NC. Beverly Keith and Jon Bradley of Avison Young represented the tenant and Lynne Worth of York Properties represented the landlord in the transaction. High Street Retail USA, LLC (305-206-1708) recently negotiated a lease with Mooyah Burgers and Fries for 1,900 sq.ft. at Doral Gateway Plaza, located along Northwest 87th Avenue in Miami, FL. Sharon Dresser of High Street Retail USA, Inc. represented the landlord in the transaction. The Shopping Center Group (205-870-5655) recently negotiated a lease with Dirt Cheap for 30,000 sq.ft. at Homewood Commons, located along Wildwood Parkway in Birmingham, AL. Retail Properties of America, Inc. (630634-4319) recently negotiated leases with Ulta Beauty for 10,400 sq.ft. at Montecito Crossing in Las Vegas, NV; for 10,010 sq.ft. at Parkway Towne Crossing in Frisco, TX and for 10,035 sq.ft. at Lake Worth Towne Crossing in Lake Worth, TX. DM May 15, 2015 | Page 13
SPACE PLACE California
California
California
Corona – Mountain Gate Marketplace, located at the intersection of West Foothill Parkway and Main Street, has a space of 975 sq.ft. available. Cotenants include Albertson’s, Carl’s Jr., Chevron, Pick Up Stix, GNC and Pizza Hut. Area demographics include a population of 104,156 within three miles earning $74,630 as the median household income. For more information, contact Doug Wombacher, Commercial West Brokerage, Inc., 2443 East Coast Highway, Corona Del Mar, CA 92625; 949-723-
7300 Ext. 12, Fax 949-723-7301; Email: doug@commercialwest.com; Web site: www.commercialwest.com.
Binney, Highland Partners Corp., 2200 Pacific Coast Highway, Suite 316, Hermosa Beach, CA 90254; 310-379-2228 Ext. 4; Email: maryl.haire@highlandpartnerscorp.com; Web site: www.highlandpartnerscorp.com.
Santa Monica – A center located at the intersection of Pico Boulevard and Lincoln Boulevard, has spaces available. Cotenants include El Pollo Loco, Game Stop, Donut King and Starbucks. Area demographics include a population of 202,216 within three miles earning $113,760 as the average household income. For more information, contact Maryl
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Connecticut Brookfield – A center located at the intersection of Candlewood Lake Road and Federal Highway, has a space of 8,364 sq.ft. available, which can be divided. Cotenants include Raymour & Flanigan, Michaels, T.J. Maxx, Bed Bath & Beyond, Office Max, CVS and Joy’s Hallmark. Area demographics include a population of 113,008 within five miles earning $91,503 as the average household income. The average daily traffic count is 26,500 vehicles. For more information, contact Kathy Boudreau, Scott Milnamow or Adam Fumarola, Raymour & Flanigan Real Estate, 7248 Morgan Road, Liverpool, NY 13090; 315-453-2520/2590/2864, Fax 315-4532570; Email: realestate@raymourflanigan.com; Web site: www.raymourflanigan.com. Greenwich – Up to 1,808 sq.ft. of street level retail space is available along East Putnam Avenue. Area retailers include Whole Foods Market. For more information, contact David Perlmutter or Stacey Oestreich, Perlmutter Properties, 4 West Red Oak Lane, Suite 105, White Plains, NY 10604; 914-686-8900; Email: david@perlmutterproperties.com; Web site: www.perlmutterproperties.com.
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Miami – Small retail shop spaces and a twostory bank endcap space are available at the Fransher Building, located along South Dixie Highway. Area retailers include Trader Joe’s, Yogurtland, Five Guys Famous Burgers & Fries, Sound Advice and Performance Bicycles. Area demographics include a population of 95,170 within three miles earning $108,406 as the average household income. The average daily traffic count is 80,000 vehicles. For more information, contact Investment Management Associates, Inc., 1575 San Ignacio Avenue, Suite 400, Coral Gables, FL 33146; 305-661-0110, Fax 305-661-7803; Web site: www.ima-re.com. Sebring – DeSoto Square, located at the intersection of US Route 27 South and DeSoto Road, has spaces from 900 sq.ft. to 3,750 sq.ft. available. Cotenants include Dealmakers Magazine | www.dealmakers.net
SPACE PLACE Florida
Illinois
New Jersey
Winn-Dixie, Subway, China One, Radio Shack, Family Dollar and Winn-Dixie Liquor. Area demographics include a population of 34,358 within five miles earning $43,284 as the average household income. The average daily traffic count is 31,000 vehicles along US Route 27 South. For more information, contact Ryan Derriman or Michaelann Murphy, Franklin Street Real Estate, 813-6583369/3359, Fax 813-839-7330; Email: ryan.derriman@franklinst.com; Web site: www.franklinst.com.
Elmhurst, IL 630-592-4162; Email: kurt. warnke@dkmallonre.com; Web site: www.dkmallonre.com.
at the intersection of State Route 57 and Airport Road. Cotenants include Ruby Tuesday, Starbucks, Supercuts and The Learning Experience. Area demographics include a population of 39,014 within five miles earning $113,031 as the average household income. The average daily traffic count is 21,169 vehicles along State Route 57. Morristown – Shops on the Green, a mixed-use development located along West Park Place, has retail spaces available. Cotenants include Roots Steakhouse/Urban Table, Starbucks, AT&T and Qdoba. Area demographics include a population of 113,474 within five miles earning $151,892 as the average household income. For more information regarding Mansfield Commons, contact Brian Silbert, Silbert Realty & Management Co., Inc., 85A Division Avenue, PO Box 406, Millington, NJ 07946; 908-604-6900 Ext. 15, Fax 908-604-2030; Email: info@silbertrealestate.com; Web site: www.silbertrealestate.com. For more information regarding Shops on the Green, contact Brian Silbert, Wayne Kasbar, William Ray or David Greenman, Ext. 15/36/19/41; Email: wkasbar@silbertrealestate.com.
Georgia Lithonia – Centre at Panola, a 73,079 sq.ft. center located at the intersection of Panola Road and Minola Drive, has spaces of 1,400 sq.ft. and 4,505 sq.ft. available. Cotenants include Publix. Area demographics include a population of 155,101 within five miles earning $56,334 as the average household income. The average daily traffic count is 23,370 vehicles along Panola Road. For more information, contact Amanda Steidtmann, Crossman & Co., 678-920-1996; Email: asteidtmann@crossmanco.com; Web site: www.crossmanco.com. Monroe – Monroe Plaza Shopping Center, a 93,160 sq.ft. center located at the intersection of West Spring Street and Plaza Drive, has spaces available starting at 750 sq.ft. Cotenants include Bealls Outlet and Family Dollar. Area demographics include a population of 27,463 within five miles earning $52,660 as the average household income. The average daily traffic count 44,729 vehicles along Highway 138. For more information, contact Allison Baker, The Malon D. Mimms Co., 85A Mill Street, Suite 100, Roswell, GA 30075; 770518-1100 Ext. 266; Email: abaker@mimms.org; Web site: www.mimms.org.
Illinois Lombard – Omni Plaza, located at the intersection of Roosevelt Road and Main Street, has spaces from 1,600 sq.ft. to 6,400 sq.ft. available. Area retailers include Hobby Lobby, XSport Fitness, Starbucks and Jewel-Osco. Area demographics include a population of 272,156 within five miles earning $99,817 as the average household income. The average daily traffic count is 55,300 vehicles. For more information, contact Kurt Warnke, DK Mallon, 107 Adell Place, Dealmakers Magazine | www.dealmakers.net
Shorewood – A 20,000 sq.ft. strip center located along Brook Forest Avenue, has retail spaces available. Area retailers include Home Depot, McDonald’s, Firestone and Mariano’s Fresh Market. Area demographics include a population of 148,243 within five miles earning $81,387 as the average household income. For more information, contact Nick O’Donnell, Caton Commercial Group, 1296 Rickert Drive, Suite 200, Naperville, IL; 630546-3506; Email: nick@catoncommercial.com.
Maine Scarborough – The Gateway Shoppes at Scarborough, located along Payne Road, has inline spaces from 1,500 sq.ft. to 8,500 sq.ft. available, as well as pad sites available for sale or ground lease. Cotenants include Cabela’s, Famous Dave’s, Phantom Fireworks, Portland Pie and Thai 9. Area demographics include a population of 39,454 within five miles earning $56,605 as the median household income. The average daily traffic count is 82,788 vehicles along Interstate 95/Maine Turnpike. For more information, contact Mark Malone, Malone Commercial Brokers, Inc., 5 Moulton Street, Portland, ME 04101; 207-773-6000, Fax 207-358-7912; Email: mark@malonecb.com; Web site: www.malonecb.com.
Maryland Lanham – East Gate Shopping Center, a 142,729 sq.ft. center located along Greenbelt Road, has spaces from 1,180 sq.ft. to 8,210 sq.ft. available, along with two pad sites available for ground lease. Cotenants include Giant, Capital One Bank and McDonald’s. Area demographics include a population of 64,856 within five miles earning $103,834 as the average household income. The average daily traffic count is 41,442 vehicles. For more information, contact Brendan Clark or Alex Thiell, Renaud Consulting, 8605 Westwood Center Drive, Suite 410, Vienna, VA 22182; 571-765-4426/4436; Email: bclark@renaudconsulting.net; Web site: www.renaudconsulting.net.
New Jersey Hackettstown – Retail spaces are available at phase II of Mansfield Commons, located
Livingston – The Village at Livingston, a 92,900 sq.ft. center located at the intersection of Eisenhower Parkway and State Route 10, has spaces from 1,730 sq.ft. to 19,000 sq.ft. available. Cotenants include The Fresh Market, Olive Garden, Choice Pet Supply, Game Stop and Ike’s Famous Bagels. Newark – Lyons Plaza, has spaces of 1,100 sq.ft. and 4,200 sq.ft. available. Cotenants include Radio Shack, Carvel, RentA-Center, Game Stop, H&R Block, Golden Krust and Blimpies. Area demographics include a population of 725,728 within five miles earning $52,123 as the average household income. For more information, contact David Perlmutter, Perlmutter Properties, 4 West Red Oak Lane, Suite 105, White Plains, NY 10604; 914-686-8900, Fax 914-949-7074; Email: david@perlmutterproperties.com; Web site: www.perlmutterproperties.com. Paramus – Up to 73,852 sq.ft. of space is available along Route 17 North. Area retailers include The Container Store, PC Richard & Son, AT&T, Starbucks, Babies “R” Us, Dick’s Sporting Goods and Bed Bath & Beyond. Area demographics include a population of 458,452 within five miles earning $101,008 as the median household income. For more information, contact Florian Suserman or Todd Cooper, Ripco Real Estate, (continued on page sixteen)
May 15, 2015 | Page 15
SPACE PLACE New Jersey (continued from page fifteen)
125 Chubb Avenue, Suite B, Lyndhurst, NJ 07071; 201-777-2300, Fax 201-777-2314; Email: fsuserman@ripconj.com; Web site: www.ripconj.com.
New York Brooklyn – A 16,500 sq.ft. street level retail space is available at the intersection of Ocean Parkway and Brighton Beach Avenue. Area retailers include Bank of America, Apple, Chase Bank, Dunkin’ Donuts, GNC, Starbucks, Payless Shoe Source, AT&T, Verizon Wireless, Duane Reade and Petland. For more information, contact Jason Gerbsman, Hudson, 25 East 21st Street, New York, NY 10010; 212-579-7900; Email: jg@hudsonre.com. Brooklyn – Street level retail spaces are available along Fulton Street. Area retailers include Applebee’s, Citi Bank, Food Town, Dunkin’ Donuts, Popeye’s Chicken & Biscuits, Subway and 7-Eleven. East Meadow – A 7,000 sq.ft. former Advance Auto Parts is available along Hempstead Turnpike. Area retailers include Home Depot, Payless Shoe Source, Modell’s, 7-Eleven, Checkers, Dunkin’ Donuts, Jake’s Steakhouse and Mavis Tires. The asking rent is $43.15 psf. For more information, contact Samuel Mizrahi, Century 21 Commercial Mizrahi Realty, 916 Kings Highway, Brooklyn, NY 11223; 718-998-5700; Email: sammizrahi@aol.com; Web site: www.century21retaileasing.com. Cambria Heights – A 1,300 sq.ft. freestanding building with a drive-thru, is available for build to suit at the intersection of Linden Boulevard and Springfield Boulevard. Area retailers include CVS, Chase Bank, McDonald’s and KFC. Area demographics include a population of 216,195 within two miles earning $71,417 as the median household income. Elmhurst – A 2,000 sq.ft. street level retail space is available along Queens Boulevard. Area retailers include JC Penney, Macy’s, Forever 21, H&M, Gap, Urban Outfitters, Target and Best Buy. Area demographics include a population of 179,490 within one mile earning $49,764 as the median household income. The average household income is 49,000 vehicles. For more information, contact Mark Gallucci, Sabre Real Estate Group, LLC, 500 Old Country Road, Garden City, NY 11530; 516-874-8070 Ext. 508; Email: mark@sabreny.com; Web site: www.sabreny.com. Page 16 | May 15, 2015
New York
North Carolina
Hempstead – The Hub Shopping Center, a power center located along Fulton Avenue, between Cathedral Avenue and North Franklin Street, has a 5,000 sq.ft. endcap available. Cotenants include Home Depot, Stop & Shop, Old Navy, Chuck E. Cheese, AT&T, Burger King, GNC, Chase Bank, Payless Shoe Source, Subway and Game Stop. Area demographics include a population of 619,870 within five miles earning $112,668 as the average household income. For more information, contact Robert Delavale, Breslin Realty, 500 Old Country Road, Garden City NY 11530; 516-741-7400 Ext. 230; Email: rdelavale@breslinrealty.com; Web site: www.breslinrealty.com.
Asheboro – An 84,600 sq.ft. center located at the intersection of Dixie Drive and State Route 42, has a space from 20,000 sq.ft. to 47,500 sq.ft. available, which can be subdivided. Cotenants include Aldi and Harbor Freight Tools. Area demographics include a population of 52,148 within seven miles earning $51,141 as the average household income. For more information, contact Raymond Collins, Collins Commercial Properties, Inc., 2990 Bethesda Place, Suite 601C, Winston-Salem, NC 27103; 336-768-0555; Email: ray@collinscommprop.com; Web site: www.collinscommprop.com.
New York – A 2,000 sq.ft. ground floor space, with a 1,000 sq.ft. basement, and an 800 sq.ft. mezzanine, are all available along West 72nd Street. Area retailers include Bank of America, Trader Joe’s, Urban Outfitters, Duane Reade, The Vitamin Shoppe and Chipotle. For more information, contact Brendan Gotch or Kylie Kain, Massey Knakal Realty Services, 212-696-2500 Ext. 7714/5164; Email: bgotch@masseyknakal.com; Web site: www.masseyknakal.com. Rego Park – A 5,500 sq.ft. ground floor retail space is available along Queens Boulevard, between 62nd Avenue and Long Island Expressway. Area retailers include Target, Best Buy, H&M, Old Navy, Sears and Pier 1 Imports. For more information, contact Steven Baker, Robert Heicklen or Jordan Kaplan, Winick Realty Group, LLC, 655 Third Avenue, 8th Floor, New York, NY 10017; 212-792-2636/2656/2604; Email: stevenb@winick.com; Web site: www.winick.com. West Hempstead – An 8,421 sq.ft. neighborhood shopping center located at the intersection of Hempstead Turnpike and Osborne Road, has spaces from 2,460 sq.ft. to 5,160 sq.ft. available. Area retailers include Sterling Optical, Stop & Shop, Dunkin’ Donuts, Payless Shoe Source, GNC and Quiznos Sub. Area demographics include a population of 661,776 within five miles earning $106,517 as the average household income. For more information, contact Nicholas Forelli, The Feil Organization, 7 Penn Plaza, New York, NY 10001; 212-5636557 Ext. 275, Fax 212-563-6657; Email: nforelli@feilorg.com; Web site: www.feilorg.com.
Charlotte – Southend Medical Plaza, a 36,000 sq.ft. medical office building located along South Boulevard, has a 5,600 sq.ft. retail space available. Area retailers include Off Broadway Shoes, Lowe’s Home Improvement and Publix. Area demographics include a population of 207,266 within five miles earning $70,646 as the average household income. The asking rent is $35 psf. Also – An 8,000 sq.ft. retail building is available along South Boulevard. For more information regarding Southend Medical Plaza, contact Keely Simerville, MPV Properties, 521 East Morehead Street, Suite 400, Charlotte, NC 28202; 704-3675021; Email: ksimerville@mpvre.com; Web site: www.mpvre.com. For more information regarding the 8,000 sq.ft. site, contact Mark Newell, 704-561-5243; Email: mnewell@mpvre.com. Indian Trail – The Pointe @ Idlewild Commons, a mixed-use center, has spaces of 1,318 sq.ft. and 1,329 sq.ft. available, which can be combined. Area retailers include Food Lion, Auto Zone, Family Dollar and Subway. The asking rent is $16 psf NNN. For more information, contact Dennis Moser or Joli Blanks, The Moser Group, Inc., 231 Post Office Drive, Suite B-8, Indian Trail, NC 28079; 704-882-1700 Ext. 211/212, Fax 704-882-1700; Email: dmoser@themosergroupinc.com; Web site: www.themosergroupinc.com. Louisburg – Louisburg Plaza, located at the intersection of US Highway 401 and State Highway 56, has spaces from 1,200 sq.ft. to 4,100 sq.ft. available. Cotenants include Walmart Supercenter, Dollar Tree, Shoe Show, rue 21, Radio Shack, Game Stop, Little Caesar’s and Rent-A-Center. Area demographics include a trade-area population of 38,928 earning $53,701 as the average household income. Dealmakers Magazine | www.dealmakers.net
SPACE PLACE North Carolina
South Carolina
Tennessee
For more information, contact Nate Cretarolo, GFD Management, Inc., 6350 Quadrangle Drive, Chapel Hill, NC 27517; 919-401-5500; Email: ncretarolo@gfdinc.com; Web site: www.gfdinc.com.
27612; 919-861-2102 Ext. 107; Email: llange@centrexproperties.com; Web site: www.centrexproperties.com.
Mint Hill – Mint Hill Commons, a 70,600 sq.ft. neighborhood shopping center located at the intersection of Matthews-Mint Hill Road and Brighton Park Drive, has a space of 1,179 sq.ft. available. Cotenants include Publix, Great Clips and Edible Arrangements. Area demographics include a population of 129,503 within five miles earning $63,021 as the average household income. For more information, contact Tommy Trimble, CNL Charlotte, 121 West Trade Street, Suite 2500, Charlotte, NC 28202; 704-414-7460, Fax 704-523-2946; Email: tommy.trimble@cnlcre.com; Web site: www.cnlcre.com.
Memphis – Shelby Square, located at the intersection of Riverdale Road and Shelby Drive, has spaces available. Cotenants include Walmart Neighborhood Market, Fred’s Super Dollar, Rayford’s All-N-1 Hot Wings and You Fit Health Clubs. Area demographics include a population of
154,437 within five miles earning $66,966 as the average household income. For more information, contact James Goldsmith, Gator Investments, 1595 163rd Street, North Miami Beach, FL 33162; 877459-9605; Email: sales@gatorinvestments.com; Web site: www.gatorinvestments.com.
Tennessee
Mt. Juliet – Mt. Juliet Village, a 90,824 sq.ft. neighborhood shopping center located along Lebanon Road, has spaces available. Cotenants include Publix, Great Clips, (continued on page eighteen)
South Carolina Columbia – Up to 3,000 sq.ft. of retail space is available at the intersection of Devine Street and Sims Avenue. Area demographics include a population of 171,242 within five miles earning $56,601 as the average household income. The average daily traffic count is 12,200 vehicles. For more information, contact Justin Mueller or Lat Purser, Lat Purser & Associates, Inc., 4530 Park Road, Suite 300, Charlotte, NC 28209; 704-519-4277/4213; Email: justin.m@latpurser.com; Web site: www.latpurser.com. Greenville – A 4.2-acre site is available for build to suit or ground lease along North Pleasantburg Drive. Area retailers include Family Dollar, Big Lots, Bojangles, Dunkin’ Donuts, Regal Cinemas, Atlanta Bread Co. and Starbucks. Area demographics include a population of 144,661 within five miles earning $53,633 as the average household income. The average daily traffic count is 29,500 vehicles. For more information, contact Central Realty Holdings, 864-235-6317; Web site: www.crhsc.com. Lexington – Hendrix Crossing, a 61,712 sq.ft. neighborhood shopping center located at the intersection of US Highway 378 and Charter Oak Drive, has a space of 1,500 sq.ft. available. Cotenants include Publix, Subway, Great Clips, Marco’s Pizza and Yogen Fruz. For more information, contact Lynda Lange, Centrex Properties, Inc., 4040 Ed Drive, Suite 201, Raleigh, NC Dealmakers Magazine | www.dealmakers.net
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www.tenantsearch.com | 1.800.732.5856 May 15, 2015 | Page 17
SPACE PLACE Tennessee (continued from page seventeen)
Subway, Walgreens and McDonald’s. Area demographics include a population of 60,211 within five miles earning $88,253 as the average household income. The average daily traffic count is 25,998 vehicles. For more information, contact Amanda Steidtmann, Crossman & Co., 678-920-1996; Email: asteidtmann@crossmanco.com; Web site: www.crossmanco.com.
Texas Austin – A 4,860 sq.ft. freestanding building is available along Burnet Road. Area retailers include Ross Dress for Less, Walmart, Walgreens, Lowe’s, Mattress Firm, Sherwin-Williams, Bassett Furniture and Office Depot. Area demographics include a population of 306,794 within five miles earning $71,961 as the average household income. The average daily traffic count is 30,000 vehicles. The asking rent is $25 psf NNN. For more information, contact Len Weiselberg or Gary Shapiro, Kin Properties, 185 Northwest Spanish River Boulevard,
Texas
Texas
Boca Raton, FL 33431; 888-546-7767 Ext. 112/114; Email: lweiselberg@kinproperties.com; Web site: www.kinproperties.com.
50,116 within five miles earning $74,782 as the average household income. The asking rent is $18 to $21 psf. For more information, contact Judd Harrison or Christopher Winters, Colliers International, 1233 West Loop South, Suite 900, Houston, TX 77027; 713-8302196/2106; Email: judd.harrison@colliers.com; Web site: www.colliers.com.
Beaumont – A 30,000 sq.ft. former Sears Parts and Service store is available along Eastex Freeway. Area retailers include Burlington, Dollar Tree and Planet Fitness. The average daily traffic count is 100,000 vehicles. The asking rent is $6.60 psf NNN. For more information, contact Sheri Arnold or Jes Prince, Coldwell Banker Commercial Arnold & Associates, One Acadiana Court, Beaumont, TX 77706; 409-8335055; Email: sheri@cbcaaa.com; Web site: www.cbcaaa.com. Lake Jackson – Plantation Village Shopping Center, a 57,167 sq.ft. center located at the intersection of This Way Street and Frontage Road, has spaces from 900 sq.ft. to 18,000 sq.ft. available, along with a 37,500 sq.ft. pad site available for ground lease. Area retailers include Dillard’s, Sears, JC Penney, Ross Dress for Less, Lowe’s, Best Buy, Petco, Walmart Supercenter and Target. Area demographics include a population of
Virginia Chester – Breckenridge Shopping Center, located at the intersection of Jefferson Davis Highway and West Hundred Road, has spaces from 1,200 sq.ft. to 5,757 sq.ft. available. Cotenants include Kroger, Kohl’s, Big Kmart, Famous Footwear, Cato and GNC. Area demographics include a population of 68,423 within five miles earning $81,871 as the average household income. For more information, contact Nate Cretarolo, GFD Management, Inc., 6350 Quadrangle Drive, Suite 205, Chapel Hill, NC 27517; 919-401-5500; Email: ncretarolo@gfdinc.com; Web D site: www.gfdinc.com. M
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