Reporting The Nation’s Weekly News on Retailing & Retail Real Estate
Volume XXVI No. XXI
June 3, 2011
Home-Related Chains Expand Nationwide Warehouse Home Furnishings Dist., Inc. trades as Farmers Home Furniture at 165 locations throughout AL, FL, GA, NC and SC. The stores, offering furniture, appliances and home furnishings, occupy spaces of 15,000 sq.ft. to 20,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout AL and NC during the coming 18 months. Typical leases run five years with options. A vanilla shell is required. Preferred cotenants include Dollar General, Dollar Tree, Big Lots and grocery stores. Preferred demographics include a population of 15,000 within eight miles earning $35,000 as the average household income. For more information, contact Robert Garrett, Warehouse Home Furnishings Dist. Inc., 1851 Telfair Street, Dublin, GA 31021; 478-275-6137, Fax 478-275-6136; Email: rgarrett@farmersfurniture.com; Web site: www.farmersfurniture.com. Butler Carpet Co. trades as Bob’s Carpet Mart at 14 locations throughout FL. The home furnishings stores occupy spaces of 5,000 sq.ft. to 10,000 sq.ft. in freestanding locations. Growth opportunities are sought within a 50to 60-mile radius of Clearwater, FL during the coming 18 months. Typical leases run five years with a five-year option. The company is siteselective. For more information, contact Bert Butler, Butler Carpet Co., 10815 U.S. Highway 19 North, Clearwater, FL 33764; 727-571-9998, Fax 727-571-3727; Web site: www.bobscarpet.com.
Rooms To Go trades as Rooms To Go and Rooms To Go Kids at 170 locations throughout AL, FL, GA, LA, MS, NC, SC, TN, TX and Puerto Rico. The home furnishings stores occupy spaces of 30,000 sq.ft. to 80,000 sq.ft. in freestanding locations. Plans call for four to 10 openings throughout TX and the southeastern region of the U.S. during the coming 18 months. Preferred demographics include a population of 300,000 within seven miles earning $50,000 as the average household income. Major competitors include Ashley Furniture. A land area of three to four acres is required. The company prefers to acquire sites. For more information, contact Jeff Finkel, Rooms To Go, 400 Perimeter Center Terrace, Suite 800, Atlanta, GA 30346; 678-475-0499, Fax 770-352-9953; Email: jfinkel@roomstogo.com; Web site: www.roomstogo.com. El Dorado Furniture Corp. trades as El Dorado Furniture at 12 locations throughout Broward, Dade and Palm Beach counties in FL. The home furnishings stores occupy spaces of up to 100,000 sq.ft. in freestanding locations and specialty and strip centers. Growth opportunities are sought throughout central and along the western coast of FL during the coming 18 months. For more information, contact Pedro Capo, El Dorado Furniture Corp., 4200 Northwest 167th Street, Miami, FL 33054; 305-624-9700, Fax 305624-5379; Email: pedro@eldoradofurniture.com; Web site: www.eldoradofurniture.com. (continued on page seven)
This issue contains information on:
* Retailers operating 35,350 locations with plans to open 1,894 sites * Real estate valued in excess of $147.1 million to be bought, sold & financed * Leasing activity on over 3.3 million sq.ft. of retail properties
Important News Please Expedite
Postmaster: Periodical
Featuring National Focus New Construction Brookfield Office Properties is redeveloping a 330,000 sq.ft. center in Los Angeles, CA...... Pg. 3 Buyers and Sellers Wasa Properties acquired a 114,876 sq.ft. center in Charlotte, NC........................ Pg. 4 Food Retailers Expand Johnny Rockets to open restaurants nationwide........... Pg. 5 Openings Aldi, Inc. to open 80 stores during this year and 2012...... Pg. 6 In the News Robert K. Futterman & Associates opened an office in Miami, FL.......................... Pg. 7 Lease Signings Mid-America Asset Management, Inc. negotiated a lease with Jembro for 15,200 sq.ft. in Crest Hill, IL.............. Pg. 8 Sources of Financing RCG Longview arranged $37 million in financing for a center in Manahawkin, NJ Pg. 8 Exclusives DJM Realty named master broker for Don Pablo’s throughout DE, MD and PA... Pg. 9 Lead Sheet Cobb Theatres expanding throughout the southeastern U.S......................................... Pg. 12 Cavender’s Boot City seeking sites throughout AR, AZ, CO, KS, LA and MO..................... Pg. 13 Space Place........................... Pg. 16
For more news go to: www.dealmakers.net Mobile Access Code: nf060311