Reporting The Nation’s Weekly News on Retailing & Retail Real Estate Volume XXX No. XXVIII
July 31, 2015
FEATURING SUPERMARKET CHAINS EXPAND New Albertsons, Inc. trades as Shaw’s Supermarket and Star Market at 154 locations throughout MA, ME, NH, RI and VT. The supermarkets occupy spaces of 55,000 sq.ft. in freestanding locations, mixed-use and strip centers, as well as urban areas. Growth opportunities are sought the existing markets during the coming 18 months. The company will also consider spaces from 35,000 sq.ft. to 55,000 sq.ft. For more information, contact Steve Jenkins, New Albertsons, Inc., 750 West Center Street, West Bridgewater, MA 02379; 508-313-4612; Email: steven.jenkins@shaws.com; Web site: www.shaws.com. Aldi, Inc. trades as Aldi at more than 1,300 locations nationwide throughout 32 states. The supermarkets, offering discounted grocery items, occupy spaces of 17,900 sq.ft. in freestanding locations. Growth opportunities are sought throughout GA during the coming 18 months, with representation by Settlemyer Properties, Inc. A land area of two acres is required. The company will also consider inline spaces of shopping centers. For more information, contact Frank Settlemyer, Settlemyer Properties, Inc., 1815 Old 41 Highway, Suite 380, Kennesaw, GA 30152; 678-766-2206, Fax 678-766-2205; Email: frank@settlemyerproperties.com; Web site: www.aldi.com.
Fiesta Mart, Inc. trades as Fiesta Mart at 57 locations throughout Austin, Dallas/Ft. Worth and Houston, TX. The supermarkets, featuring deli, bakery, meat and seafood departments, as well as offering international and Hispanic food selections, occupy space of 35,000 sq.ft. to 60,000 sq.ft. in freestanding locations, power and strip centers. Growth opportunities are sought throughout TX during the coming 18 months, with representation by United Equities. Typical leases run 10 years. For more information, contact Buster Freedman, United Equities, 4545 Bissonnet Street, Suite 100, Bellaire, TX 77401; 713-772-6262, Fax 713-9814035; Email: bfreedman@unitedequities.com; Web site: www.unitedequities.com. Glass Garden, Inc. trades as ShopRite at 10 locations in NJ and NY. The supermarkets occupy spaces of 73,000 sq.ft. in freestanding locations, lifestyle, power, specialty and strip centers. Growth opportunities are sought throughout CT, NJ, NY and PA during the coming 18 months. Typical leases run 20 years with options. A land area of at least nine acres is required for freestanding locations. For more information, contact Ben Focarino, Glass Garden, Inc., 204 Passaic Street, Rochelle Park, NJ 07662-3118; 201-843-1364; Email: benfocarino@verizon.net; Web site: www.shoprite.com. (continued on page thirteen)
THIS ISSUE CONTAINS INFORMATION ON: • Retailers operating 35,357 locations with plans to open 2,312 sites • Real estate valued in excess of $416 million to be bought, sold & financed • Leasing activity on over 4 million sq.ft. of retail properties WS Postmaster: Periodical T NE E N A T R DIT IMPO SE EXPE A PLE
POST-SHOW ICSC NEW ENGLAND IDEX Who’s Opening and Where La-Z-Boy, Inc. on target to open 22 stores..................................... Pg. 4 Lidl to enter the U.S. by 2018..... Pg. 4 Natural Grocers projects 18 new locations opening....................... Pg. 4 Buyers and Sellers Sands Investment Group markets portfolio of Walmart Neighborhood Markets............... Pg. 5 New Construction WRS, Inc. to break ground on grocery anchored centers in NC Pg. 6 Food Chains Expand Eureka! Discover American Craft to enter AZ................................. Pg. 7 Earl’s continues growth with entry to five states and the eastern seaboard......................... Pg. 7 Lease Signings Breslin Realty inks deal with Medical Rehabilitation Centers of Pennsylvania.......................... Pg. 8 Lead Sheet Onelife Fitness to enter MD........ Pg. 9 Salon Plaza to enter new markets along the East Coast.................... Pg. 10 BevMo! plans to open 10 locations..................................... Pg. 10 Sunsation$ envisions national roll-out....................................... Pg. 12 Making The News LMS Commercial names Director of Leasing................................... Pg. 14 Exclusives and Tenant Reps KeyPoint Partners reps Gentle Dental throughout New England Pg. 14 Sources of Financing Partners Capital provides construction financing and bridge loans................................ Pg. 14 Space Place................................ Pg. 15
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WHO’S OPENING AND WHERE Nordstrom, Inc. (206-628-2111) is planning to open a 30,000 sq.ft. Nordstrom Rack store at Woodmore Towne Center, located off the Capital Beltway/Interstate 495 at Route 202 in Glenarden, MD during spring 2017. The company will join Wegmans, Costco, Best Buy, Old Navy and JCPenney at the site. The company offers apparel, footwear and accessories for men and women, and currently operates more than 300 locations nationwide and in Canada, trading as Nordstrom, Nordstrom Rack, Jeffrey boutique and one clearance outlet. Gap, Inc. (650-952-4400) is planning to open Gap and Old Navy stores along West 44th Street, at the intersection of Broadway and Seventh Avenue. The retailers will occupy a space formerly tenanted by Toys “R” Us. The companies offer apparel, footwear and accessories for men, women and children and operate under the trade-names Old Navy, Gap, Banana Republic, Piperlime, Athleta and Intermix. Seasons Kosher Market (212-222-6332) is planning to enter MD with the opening of a 10,000 sq.ft. specialty supermarket at the site of a former Office Depot along Reisterstown Road in Baltimore during early 2016. The company currently operates four locations in New York, NY. Famous Toastery (www.toastcafeonline. com) is planning to open four restaurants throughout the Charlotte, NC area during the fall, in addition to locations slated to open in Winston-Salem, NC and Jacksonville, FL this year. The company, offering breakfast and brunch menu options, currently operates six locations throughout NC and SC. Newk’s Eatery (601-982-1160), through a franchisee expansion, is opening four restaurants throughout the greater Nashville, TN market by 2019. The chain, offering salad, pizza, soups and dessert items, currently operates more than 80 locations throughout 13 states. Bed Bath & Beyond, Inc. (800-462-3966) plans to open 30 locations during its fiscal year. The company, offering home furnishings and decor, appliances, and bedding, also trades as buybuy Baby, Cost Plus World Market, Christmas Tree Shops and Harmon Face Values. La-Z-Boy, Inc. (734-241-2435) is planning to open 22 new La-Z-Boy stores during fiscal 2016. The company, offering sofas, recliners, chairs, ottomans and coffee tables, currently operates locations nationwide. Page 4 | July 31, 2015
Urban Outfitters, Inc. (215-454-5500) is planning to open a 20,300 sq.ft. bi-level Anthropologie store along Broadway in New York, NY during January 2017. Nobu, a gourmet Japanese restaurant, will be adjacent to the store. The company, offering apparel, footwear and accessories for men and women, currently operates more than 1,400 locations nationwide and internationally, trading as Urban Outfitters, Anthropologie, Free People and Terrain. Lidl (www.lidl.co.uk) is planning to enter the U.S. market no later than 2018 with a proposed 36,000 sq.ft. store located along South Laburnum Avenue in Henrico County, VA and a store located along Mall Drive near Chesterfield Towne Center in Chesterfield County, VA. The company currently operates 10,000 locations across Europe. Farm Stores (800-726-3276), through a franchisee expansion plan, is preparing to roll-out smaller format drive-thru convenience stores. The 640 sq.ft. drivethru will carry grocery and baked goods, in addition to offering a quick-serve restaurant menu. The company currently operates more than 70 locations throughout FL. Natural Grocers (877-986-4600) plans to open 18 specialty supermarkets during its fiscal year. Its newest location is in Scottsdale, AZ. The company, offering organic and natural groceries, body care items and dietary supplements, currently operates 99 locations throughout 17 states. Bojangles, Inc. (704-527-2675) plans to open as many as 57 Bojangles restaurants throughout KY and WV this year, as part of an expansion plan to grow to as many as 1,400 locations throughout 10 states. The chain of restaurants currently operates more than 600 restaurants nationwide. Dog Haus International (626-796-4287), through a franchisee expansion plan, is opening 11 Dog Haus locations throughout TX by the end of the year. The company currently operates more than 100 locations throughout six states Sprouts Farmers Market (480-814-8016) is planning to open a 30,000 sq.ft. supermarket at Nall Hills shopping center located at the intersection of 95th Street and Nall Avenue in Overland Park, KS. Giordano’s (312-641-6500), through a franchisee expansion plan, is seeking to open pizzerias in the Denver, CO metropolitan area.
Workout Anytime (770-234-0108) has 25 fitness centers in development. Growth will occur in Charleston, Myrtle Beach and Rock Hill, SC. The company currently operates 85 locations. Lowes Food, LLC (888-537-8646) is planning to remodel all existing store locations, as well as enter two to three new markets by 2019. The company currently operates more than 100 Lowes supermarkets throughout D NC, SC and VA. 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. Affiliated with Tenant Search, E.S.P., E-Blast Copyright 2015 by TKO Real Estate Advisory Group Inc. 609-587-6200, fax 609-587-3511.
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BUYERS AND SELLERS CBRE | New England recently negotiated the sale of the Shops at the Pond, a 104,125 sq.ft. power center located in Marlborough, MA. At the time of the transaction, the center was 100% occupied with cotenants including DSW, Best Buy, EMS and The Olive Garden. The property was acquired for $21.125 million and the company represented the seller in the transaction. The company, along with CBRE Syracuse, also recently negotiated the sale of River Mall Shopping Centers, a 165,000 sq.ft. center located in Baldwinsville, NY. At the time of the sale, the property was 100% occupied and anchored by Tops Market. For more information, contact John Dobroski, CBRE | New England, 33 Arch Street, 28th Floor, Boston, MA 02110; 617-912-6992, Fax 617-912-7001; Email: john.dobroski@cbre-ne.com; Web site: www.cbre-ne.com. SHOP Cos. Investment Sales recently negotiated the sale of the following retail properties throughout TX: Stampede Crossing, a 12,444 sq.ft. shopping center located in Irving; Flower Mound Plaza, an 11,981 sq.ft. shopping center located off Long Prairie Road and Cross Timbers Road in Flower Mound; an 8,662 sq.ft. strip center shadow-anchored by Super Target and located in Lewisville and a 2,872 sq.ft. Schlotzky’s restaurant located in Hurst. For more information, contact Kyndall Fuller, SHOP Cos. Investment Sales, 4809 Cole Avenue, Suite 330, Dallas, TX 75205; 214-960-4545; Email: kfuller@shopcompanies.com; Web site: www.shopcompanies.com. Sands Investment Group is selling a portfolio of five Walmart Neighborhood Markets located throughout the southeastern region of the U.S. All properties are bound to 20year leases. The properties can be purchased individually or as a portfolio. The asking prices range from $12.2 million to $13.5 million. For more information, contact Jeff Rothbard or Donovan Mackey, Sands Investment Group; 317-983-0030; Emails: jeff@signnn.com and dmackey@signnn.com. Marcus & Millichap recently negotiated the sale of Ready Shopping Center, a 60,938 sq.ft. two-story shopping center located in Hialeah, FL. The property was acquired for $11 million. The company represented the seller and Miami Gables Realty represented the buyer in the transaction. For more information, contact Marcus & Millichap, 5201 Blue Lagoon Drive, Suite 100, Miami, FL 33126; 786-522-7000; Web site: www.marcusmillichap.com. Dealmakers Magazine | www.dealmakers.net
Savills Studley Capital Markets Group recently negotiated the sale of Mayfaire Town Center, a 610,000 sq.ft. open-air shopping center anchored by Belk, Regal Cinema, The Fresh Market, Cost Plus World Market and Pottery Barn, along with the adjacent Mayfaire Community Center, a 210,000 sq.ft. shopping center anchored by Harris Teeter and Dick’s Sporting Goods located in Wilmington, NC. The properties were acquired for $192 million by CBL & Associates Properties, Inc. For more information, contact Savills Studley Capital Markets Group, PNC Plaza, 301 Fayetteville Street, 15th Floor, Raleigh, NC 27601; 919-827-1818; Web site: www.savills-studley.com. Coldwell Banker Commercial Atlantic is selling the following retail properties throughout SC: a shopping center in North Charleston for $8 million; a 22-tenant shopping center in North Charleston with an asking price of $4.4 million; a retail space in Summerville for $825,000 and a restaurant space in West Ashley with an asking price of $2.2 million. For more information, contact Coldwell Banker Commercial Atlantic, 3506 West Montague Avenue, North Charleston, SC 29418; 843-744-9877. Pinnacle Real Estate Advisors is selling Parkridge Plaza, a 61,832 sq.ft. shopping center located along Wadsworth Boulevard in Lakewood, CO. The property is currently 93.6% occupied. The asking price is $6.48 million with a Cap rate of 7.35%. For more information, contact Matt Ritter, Cody Stambaugh, Jeff Johnson or Peter Sengelmann, Pinnacle Real Estate Advisors; 303-962-9550; Emails: mritter@pinnaclerea.com and cstambaugh@pinnaclerea.com.
Gene Snyder & Co. is selling Tamiami West Shopping Center, located in Miami, FL. Tenants include Starbucks, Mattress Firm, T-Mobile and JP Morgan Chase. Area retailers include Publix, LA Fitness, Wendy’s and CVS. Area demographics include a population of 336,000 within a five-mile radius. The average daily traffic count is 53,000 vehicles. The asking price is $15.580 million with a Cap rate of 6%. For more information, contact Todd A. Snyder or Mel Miller, Gene Snyder & Co., 12490 Northeast 7th Avenue, Suite 204, North Miami, FL 33161; 305-895-8167; Email: gsco@bellsouth.net. Regency Properties is acquiring shopping centers located throughout AL, FL, GA, IN, LA, KY, MS, NC, VA, WI and WV. Suitable properties have a minimum GLA of 60,000 sq.ft. with a trade area of at least 20,000. For more information, contact Jeff Howell or Chris Folz, Regency Properties, 330 Cross Pointe Boulevard, Evansville, IN 47715-4027; 812-491-7671/7684; Emails: jhowell@regency-prop.com and cfolz@regency-prop.com; Web site: www.regency-prop.com. Thalhimer Realty Partners recently acquired Spring Centre, a 30,392 sq.ft. shopping center located along Mechanicsville Turnpike in Hanover County, VA. The property was acquired for $1.96 million. Cushman & Wakefield | Thalhimer represented the company in the transaction. For more information, contact Drew Wiltshire, Thalhimer Realty Partners, 11100 West Broad Street, Glen Allen, VA 23060; 804-648-5881, Fax 804-697-3565; Email: drew.wiltshire@thalhimer.com; Web site: www.thalhimer.com. DM
Pinnacle Real Estate Advisors is selling Parkridge Plaza in Lakewood, CO. July 31, 2015 | Page 5
NEW CONSTRUCTION Ripco Real Estate Corp. is preleasing the redevelopment of The Shoppes at Godwin, a 22,000 sq.ft. mixed-use center located along Godwin Avenue in Midland Park, NJ. Spaces from 800 sq.ft. to 7,000 sq.ft. will be available. Area demographics include a population of 90,000 within a three-mile radius earning $135,000 as the median household income. Completion is slated for the end of the year. For more information, contact Michael Rawlins, Ripco Real Estate Corp., 125 Chubb Avenue, Suite B, Lyndhurst, NJ 07071; 201777-2300; Email: mrawlins@ripconj.com. ORION Investment Real Estate is preleasing The Shops at OdySea in the Desert, a 72,000 sq.ft. development located in Scottsdale, AZ. Spaces will range from 1,000 sq.ft. to 6,500 sq.ft. The project is anchored by a 200,000 sq.ft. aquarium anticipated to draw 1.5 million visitors annually. A 180 ft. tall observation wheel is slated to be completed during July 2016. For more information, contact Adam T. Lopez, ORION Investment Real Estate, 7135 East Camelback Road, Suite 202, Scottsdale, AZ 85251; 480-634-6934; Web site: www.odysealeasing.com. Property Resources Group is preleasing Azool Retail Center, a two-story strip center located along South 37th Avenue in Moorhead, MN. Up to 50,000 sq.ft. of retail and office space will be available. For more information, contact Greg Morrison and Brendan Muldoon, Property Resources Group, 4265 45th Street South, Suite 200, Fargo, ND 58104; 701-4993919/3938; Emails: greg@prgcommercial.com and brendan@prgcommercial.com.
Robert K. Futterman & Associates is preleasing a retail project located at the intersection of Lincoln Road and Drexel Avenue in Miami, FL. Spaces of 6,913 sq.ft. and 7,084 sq.ft. are available. Area retailers include H&M, Zara, Forever 21, Scotch & Soda, Kiehl’s and Steve Madden. For more information, contact John Ellis, Ben Mandell or Drew Schaul, Robert K. Futterman & Associates, 888 Brickell Avenue, Suite 101, Miami, FL 33131; 305-372-6204/6211/6202; Emails: jellis@rkf.com; bmandell@rkf.com and dschaul@rkf.com. REDICO is developing The Fairgrounds, a 570,000 sq.ft. mixed-use retail development located in Detroit, MI. Area demographics include a population of 147,500 within a three-mile radius. The average daily traffic count is 120,000 vehicles at the intersection of Woodward Avenue and 8 Mile Road. The site is adjacent to Gateway Marketplace. For more information, contact Stuart Stebleton, REDICO, One Town Square, Suite 1600, Southfield, MI 48076; 248-827-1700; Email: sstebleton@redico.com; Web site: www.redico.com. Passov Real Estate Group is preleasing West Point Marketplace, a 54,422 sq.ft. retail development located at the intersection of West Market Street and North Hawkins Avenue in Akron, OH. Whole Foods Market will anchor the center. Area retailers include Acme Fresh Market and Pier 1 Imports. Area demographics include a population of 169,758 within a five-mile radius earning $51,888 as the average household income. For more information, contact Greg Guyuron, Passov Real Estate Group; 216831-8100; Email: gguyron@passovgroup.com.
WRS, Inc. is preleasing a 54,187 sq.ft. retail development located along North Roxboro Street in Durham, NC. Inline spaces from 1,400 sq.ft. to 12,000 sq.ft. are available, while a 42,187 sq.ft. supermarket will anchor the site. Area demographics include a population of 110,199 within a five-mile radius earning $61,348 as the average household income. The average daily traffic count is 38,026 vehicles. Construction is slated for completion during fall 2016. The company is also preleasing a 55,651 sq.ft. retail development located at the intersection of Poole Road and New Hope Road in Raleigh, NC. Spaces from 1,400 sq.ft. to 12,550 sq.ft. are available, while a 43,101 sq.ft. grocery store will serve as anchor. Area demographics include a population of 137,333 within a five-mile radius earning $58,124 as the average household income. The average daily traffic count is 18,124 vehicles along New Hope Road. Construction is slated for completion during fall 2016. For more information, contact Frank Peters or Mary Dufour, WRS Inc.; 843518-6809/803-644-2831; Emails: fpeters@ wrsrealty.com and mdufour@wrsrealty.com; Web site: www.wrsrealestate.com. Trademark Property Co., in a joint effort with Zapolski Real Estate, LLC, is preleasing the redevelopment of Napa Center, a mixed-use development located at the intersection of First Street and Randolph Street in Napa, CA. Plans call for retail and restaurant spaces, in addition to a 183room hotel. Area demographics include a population of 89,132 within a five-mile radius earning $84,346 as the average household income. The project is slated to open during Fall 2016. For more information, contact Trademark Property Co., 1701 River Run, Suite 500, Ft. Worth, TX 76107; Web site: D www.trademarkproperty.com. M
FOR PRESS COVERAGE ON YOUR PROPOSED OR NEW CONSTRUCTION OR REDEVELOPMENT PROJECT SEND INFO TO ANN@DEALMAKERS.NET Passov Real Estate Group is preleasing West Point Marketplace in Akron, OH. Page 6 | July 31, 2015
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FOOD CHAINS EXPAND Loco Patron operates two locations in Scottsdale and Tempe, AZ. The Mexican restaurants prefer to occupy spaces of 4,000 sq.ft. to 5,000 sq.ft. in freestanding locations and endcaps of shopping centers. Growth opportunities are sought in Phoenix, AZ during the coming 18 months, with representation by Velocity Retail Group. Eureka! Discover American Craft operates 16 locations throughout CA, TX and WA. The bar/restaurants prefer to occupy spaces of 4,500 sq.ft. in endcaps of regional centers, downtown areas and freestanding locations. Growth opportunities are sought throughout AZ during the coming 18 months, with representation by Velocity Retail Group. Mastro’s Steakhouse operates 14 locations throughout AZ, CA, IL, NV, NY and Washington, DC. The restaurants prefer to occupy spaces of 5,000 sq.ft. to 7,000 sq.ft. in strip centers or urban/downtown areas. Growth opportunities are sought throughout AZ during the coming 18 months, with representation by Velocity Retail Group. For more information regarding Loco Patron, contact Judi Butterworth, Velocity Retail Group, 2415 East Camelback Road, Suite 400, Phoenix, AZ 85016-4288; 602682-8150, Fax 602-682-8101; Email: judi. butterworth@velocityretail.com; Web site: www.velocityretail.com. For more information regarding Eureka! Discover American Craft, contact Darren Pitts; 602682-6050; Email: dp@velocityretail.com. For more information, regarding Mastro’s Steakhouse, contact Andy Kroot; 602-6828180; Email: andy.kroot@velocityretail.com Cocina 214 operates a location in Winter Park, FL. The contemporary Mexican and Tex-Mex restaurant prefers to occupy 5,000 sq.ft. to 7,000 sq.ft. inline spaces of shopping centers or freestanding locations. Growth opportunities are sought throughout FL during the coming 18 months, with representation by Warren & Co. For more information, contact Simon Garwood, Warren & Co., 1649 Atlantic Boulevard, Suite 210, Jacksonville, FL 32207; 904-673-8622, Fax 866-251-6874; Email: sgarwood@hq1.com; Web site: www.warrenandcompany.net.. Ben’s Restaurant Group, Inc. trades as Ben’s Kosher Delicatessen Restaurant at seven locations in FL and NY. The restaurants prefer to occupy spaces of 5,000 sq.ft. to 6,000 sq.ft. in power and strip centers. Growth opportunities are sought throughout Washington, DC during the coming 18 months. For more information, contact Ronald Dragoon, Ben’s Restaurant Group, Inc., 140 Wheatley Plaza, Greenvale, NY 11548; 516933-9200 Ext. 20; Email: rodragoon@aol.com; Web site: www.bensdeli.net. Dealmakers Magazine | www.dealmakers.net
Earl’s Restaurants, Ltd. trades as Earl’s at 67 locations throughout CO, FL, MA, WA and Canada. The upscale casual dining restaurants prefer to occupy spaces of 7,000 sq.ft. to 10,000 sq.ft. in freestanding locations, malls, entertainment centers and urban/downtown areas. Growth opportunities are sought throughout AZ, CA, HI, IL, and TX, as well along the Eastern Seaboard of the U.S. and in Ontario & Quebec, Canada during the coming 18 months. For more information, contact Amanda Vissia or Stephen Andrews, Earl’s Restaurants, Ltd., 425 Carrall Street, Suite 200, Vancouver, British Columbia, Canada V6B 6E3; 604-646-4880, Fax 604-689-7135; Email: amanda.vissia@earls.ca; Web site: www.earls.ca. Panda Express operates nearly 1,800 locations nationwide and internationally. The quick-serve Chinese restaurants prefer to occupy spaces of 1,500 sq.ft. to 2,600 sq.ft. in entertainment, power, specialty and strip centers, freestanding locations and urban/ downtown areas. Plans call for three to five openings throughout northern CA during the coming 18 months, with representation by DTZ Retail – Terranomics. For more information, contact Sharon Carmichael, DTZ Retail – Terranomics, 1350 Bayshore Highway, Suite 900, Burlingame, CA 94010; 408-200-8811; Email: sharon.carmichael@dtz.com; Web site: www.dtz.com. L & L Franchise, Inc. trades as L & L Hawaiian Barbeque, L & L Hawaiian Grill and L & L Drive-Inn at 190 locations throughout AK, AZ, CA, CO, HI, NV, NY, OR, TN, TX, UT and WA, as well as internationally. The restaurants
prefer to occupy spaces of 1,200 sq.ft. to 1,500 sq.ft. in power and strip centers, universities and military bases. Growth opportunities are sought nationwide and internationally during the coming 18 months. For more information, contact Josie Akana, L & L Franchise, Inc., 931 University Avenue, Second Floor, Honolulu, HI 96826; 808-951-9888; Email: franchising@hawaiianbarbecue.com; Web site: www.hawaiianbarbecue.com. Yum! Brands, Inc. trades as Pizza Hut at more than 14,000 locations nationwide and internationally. The pizzerias prefer to occupy 1,000 sq.ft. to 2,500 sq.ft. inline spaces and endcaps of shopping centers, along with freestanding locations. Growth opportunities are sought throughout CT, MA, MD, ME, NH, NJ, upstate NY, western PA, RI, VA and VT during the coming 18 months. For more information, contact Jess Hepler, Yum! Brands, Inc., 497 Hooksett Road, Suite 2-174, Manchester, NH 03104; 603-6240990; Email: jess.hepler@yum.com; Web site: www.yum.com. Sakura operates 22 locations throughout CA, MD, NJ and VA. The Japanese restaurants prefer to occupy spaces of 10,000 sq.ft. in strip centers. Growth opportunities are sought throughout MD during the coming 18 months, with representation by JBG Rosenfeld Retail. For more information, contact John Mitchell, JBG Rosenfeld Retail, 4445 Willard Avenue, Suite 700, Chevy Chase, MD 20815; 301-657-0700, Fax 301-6579850; Email: jmitchell@jbgr.com; Web site: D www.sakurasteakhouse.com. M
Pizza Hut is seeking growth opportunities throughout CT, MA, MD, ME, NH, NJ, upstate NY, western PA, RI, VA and VT during the coming 18 months. July 31, 2015 | Page 7
LEASE SIGNINGS Passov Real Estate Group (216-831-8100) recently negotiated the following leases throughout OH: with Boca Loco Burrito Factory for 1,287 sq.ft. at Berea Commons in Berea, with Catherine Lueckel of Passov Real Estate Group representing the tenant in the transaction; with Title Boxing Club for 4,073 sq.ft. at The Shoppes at River Styx, located along Buehlers Drive in Medina, with Catherine Lueckel and Steve Passov of Passov Real Estate Group representing the tenant in the transaction; with Skillful Games for 2,500 sq.ft. at Middlefield Square, located along West High Street in Middlefield, with Catherine Lueckel and
Steve Passov representing the landlord in the transaction; with Prime Communications dba as AT&T Mobility for 2,400 sq.ft. at Airport Commons in Holland, with Greg Guyuron of Passov Real Estate Group representing the landlord in the transaction and with Pet Valu for 5,875 sq.ft. at Twinsburg Town Center, located along Darrow Road in Twinsburg, with Catherine Lueckel and Steve Passov representing the landlord. Miller Walker Retail Real Estate (202-3330303) recently negotiated a lease renewal with The Prime Rib along K Street Northwest in Washington, DC.
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Bennett Williams Realty, Inc. (717-8435555) recently negotiated the following leases throughout PA: with Sprint for 2,400 sq.ft. at West Manchester Town Center, located along Town Center Drive in York County, with Abe Khan of Bennett Williams Realty, Inc. representing the tenant in the transaction; with Allstate Insurance for 2,400 sq.ft. at York Marketplace located along East Market Street in York County, with Abe Khan, Brad Rohrbaugh and Chad Stine of Bennett Williams Realty, Inc. representing the landlord in the transaction; with Main Street Motors & Service, LLC for 1,920 sq.ft. along Carlisle Road in Dover Borough, with Karen Neiderer of Bennett Williams Realty, Inc. representing the landlord and the tenant in the transaction and with Randy’s Barbeque, LLC for 2,000 sq.ft. along Roosevelt Avenue in York City, with Brad Rohrbaugh and Adam Hagerman of Bennett Williams Realty, Inc. representing the tenant in the transaction. Mid-America Real Estate – Wisconsin, LLC (414-273-4600) recently negotiated a lease throughout WI: with Fantastic Sams for 1,850 sq.ft. at Oak Creek Commons, located along West Ryan Road in Oak Creek, with Andrew Prater of Mid-America Real Estate – Wisconsin, LLC representing the landlord and Max Jacobson of MidAmerica Real Estate – Wisconsin, LLC representing the tenant in the transaction; with US Cellular for 1,225 sq.ft. at Village Square of Delafield, located along Village Square Drive in Delafield, with Scott Satula of Mid-America Real Estate – Wisconsin, LLC representing the landlord in the transaction; with Octapharma Plasma for 15,900 sq.ft. at Highland Plaza, located along West Brown Deer Road in Milwaukee, with Andrew Prater and Dan Rosenfeld of Mid-America Real Estate – Wisconsin, LLC representing the landlord in the transaction and with Salon Spa Aura for 5,024 sq.ft. at The Shops of Woodlake Kohler, located along Highland Drive in Kohler, with Dan Rosenfeld and Teresa Shemitis of Mid-America Real Estate – Wisconsin, LLC representing the landlord in the transaction. The company also recently negotiated a lease renewal with Footlocker for 3,537 sq.ft. at Shops of Grand Avenue, located along West Wisconsin Avenue in Milwaukee, WI, with Teresa Shemitis and Dan Rosenfeld representing the landlord in the transaction. Breslin Realty (516-741-7400) recently negotiated a lease with Medical Rehabilitation Centers of Pennsylvania for 6,500 sq.ft. at Whitman Plaza in South Philadelphia, PA. Robert Delavale of Breslin Realty negotiated the transaction. DM Dealmakers Magazine | www.dealmakers.net
LEAD SHEET Michaels Maria Rita Aristone c/o Legend Properties, Inc. 201 Barclay Pavillion West / 1409 Route 70 East Cherry Hill, NJ 08034 856-231-1010, Fax 856-231-1111 Email: maristone@lpre.com Web site: www.lpre.com
Arts/Crafts/Fabrics The chain operates 1,262 locations nationwide and in Canada. The stores, offering arts and crafts, seasonal merchandise, home décor and framing products, occupy spaces of 21,600 sq.ft. in power and strip centers. Growth opportunities are sought throughout DE, central and southern NJ and eastern and southeastern PA during the coming 18 months, with representation by Legend Properties, Inc.
Hudson’s Bay Co. dba Hudson’s Bay Bruce Moore 401 Bay Street, Suite 600 Toronto, Ontario, Canada M5H 2Y4 416-861-4521, Fax 416-861-6870 Email: bruce.moore@hbc.com Web site: www.thebay.com
Department Store The 92-unit chain operates locations throughout Canada. The department stores occupy spaces of 135,000 sq.ft. in malls, power and strip centers, as well as urban/downtown areas. Growth opportunities are sought throughout the existing market during the coming 18 months.
Michael Rossy Ltd. dba Michael Rossy Stores Michael DiTullio 450 Boulevard Lebeau Saint Laurent, Quebec, Canada H4N 1R7 514-335-6255, Fax 514-335-9690 Email: mditullio@rossy.ca Web site: www.rossy.ca
Department Store The chain operates more than 80 locations throughout New Brunswick, Newfoundland, Nova Scotia, Ontario and Quebec, Canada. The department stores occupy spaces of 15,000 sq.ft. to 25,000 sq.ft. in malls and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months.
Superior Cleaners & Tailors Jeff Kintzer c/o Royal Properties, Inc. 850 Bronx River Road Bronxville, NY 10708 914-237-3403, Fax 914-237-0196 Email: jeff@royalpropertiesinc.com Web site: www.royalpropertiesinc.com
Dry Cleaners The nine-unit chain operates locations throughout CT. The dry cleaning facilities occupy spaces of 1,400 sq.ft. to 1,800 sq.ft. in power and strip centers. Growth opportunities are sought throughout CT during the coming 18 months, with representation by Royal Properties, Inc.
CTM Group, Inc. / Kiddie Koncepts Stacey Edelstein 9 Northeastern Boulevard Salem, NH 03079 412-963-7575, Fax 412-963-7588 Email: stacey@ctmgroupinc.com Web site: www.ctmgroupinc.com
Entertainment The 800-unit chain operates locations nationwide. The company operates rides for children and occupies spaces of 200 sq.ft. in super regional and regional malls, in addition to lifestyle centers. Growth opportunities are sought throughout the existing market during the coming 18 months. The company prefers to locate in centers with GLAs above 500,000 sq.ft.
Onelife Fitness John Mitchell c/o JBG Rosenfeld Retail 4445 Willard Avenue, Suite 700 Chevy Chase, MD 20815 301-657-0700, Fax 301-657-9850 Email: jmitchell@jbgr.com Web site: www.onelifefitness.com
Fitness The 11-unit chain operates locations throughout MO and VA. The fitness centers occupy spaces of 40,000 sq.ft. to 60,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout MD, VA and Washington, DC during the coming 18 months, with representation by JBG Rosenfeld Retail.
Dealmakers Magazine | www.dealmakers.net
July 31, 2015 | Page 9
LEAD SHEET Dessange Group North America dba Dessange, Camille Albane and Fantastic Sams Director of Real Estate 50 Dunham Road, Suite 3000 South Beverly, MA 01915 Email: realestate@dessange-inc.com
Hair The company operates more than 2,000 locations worldwide. The hair salons occupy spaces of 1,200 sq.ft. to 3,200 sq.ft. in lifestyle centers and urban areas. Growth opportunities are sought throughout the existing market during the coming 18 months. The company prefers to locate the Dessange and Camille Albane concepts in affluent areas.
Ratner Cos. dba Salon Plaza Gary Ratner 1577 Spring Hill Road Vienna, VA 22182 703-269-5310, Fax 703-848-2134 Email: gratner@ratnerco.com Web site: www.salonplaza.com
Hair The 21-unit chain operates locations throughout MD and VA. The full-service hair and nail salons occupy spaces of 4,000 sq.ft. to 10,000 sq.ft. on pad sites of strip centers and freestanding locations. Growth opportunities are sought throughout the eastern coast of the U.S. during the coming 18 months. Preferred demographics include a population of 100,000 within five miles.
Relax the Back Acquisitions Corp. dba Relax the Back Kurt Buehler 6 Centerpointe Drive, Suite 120 La Palma, CA 90623 800-290-2225 Ext. 7941 Email: kurtb@relaxtheback.com Web site: www.relaxtheback.com
Healthcare The chain operates more than 100 locations nationwide. The stores, offering ergonomic products to help mitigate and prevent back problems, occupy spaces of 2,300 sq.ft. to 2,700 sq.ft. in lifestyle, power and specialty centers. Plans call for five openings throughout the existing market during the coming 18 months.
Super Laundry Michael Berke c/o Oxford Real Estate Services Group 388 East Main Street Branford, CT 06405 203-483-2900, Fax 203-483-2999 Email: oxfordregroup@gmail.com Web site: www.superlaundry.com
Laundromat The chain operates 200 locations throughout CT, MA, NJ, NY and PA. The laundromats occupy spaces of 1,200 sq.ft. to 7,000 sq.ft. in urban/downtown areas. Growth opportunities are sought throughout CT, MA and NY during the coming 18 months, with representation by Oxford Real Estate Services Group.
BevMo! Matthew Alexander c/o SRS Real Estate Partners 301 Howard Street, Suite 900 San Francisco, CA 94105 415-908-4930 Email: matt.alexander@srsre.com Web site: www.srsre.com
Liquor Store The 155-unit chain operates locations throughout AZ, CA and WA. The stores, offering wine, spirits and beer, as well as related gift items and accessories, occupy spaces of 10,000 sq.ft. in power, specialty and strip centers. Plans call for 10 openings throughout AZ and CA during the coming 18 months, with representation by SRS Real Estate Partners.
Nationwide Vision dba Nationwide Vision Laser & Eye Center Al Bernstein 220 North McKemy Avenue Chandler, AZ 85226 480-961-1865, Fax 480-961-4605 Email: al@nationwidevision.com Web site: www.nationwidevision.com
Optical The 69-unit chain operates locations throughout AZ. The eyecare facilities occupy spaces of 1,500 sq.ft. to 2,000 sq.ft. in freestanding locations, power, specialty and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run five to 10 years. A vanilla shell and specific improvements are required. Major competitors include Lens Crafters and Pearle Vision.
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Dealmakers Magazine | www.dealmakers.net
LEAD SHEET LaserAway Judi Butterworth c/o Velocity Retail Group 2415 East Camelback Road, Suite 400 Phoenix, AZ 85016-4288 602-682-8150, Fax 602-682-8101 Email: judi.butterworth@velocityretail.com Web site: www.laseraway.com
Service The chain operates 23 locations throughout AZ and CA. The facilities, offering hair and tattoo removal treatments, occupy spaces of 1,200 sq.ft. in freestanding locations and endcaps of strip centers. Growth opportunities are sought throughout Phoenix, AZ during the coming 18 months, with representation by Velocity Retail Group.
South Beach Tanning Co. John Armatas 4300 West Lake Mary Boulevard, Suite 1050 Lake Mary, FL 32746 813-493-8700 Email: franchise@southbeachtanningcompany.com Web site: www.southbeachtanningcompany.com
Service The chain operates more than 40 locations throughout FL, GA, NC, NE, NY, PA, TN and TX. The tanning salons occupy spaces of 1,600 sq.ft. to 2,400 sq.ft. in street front locations. Growth opportunities are sought throughout FL and TX during the coming 18 months.
The UPS Store Tim Weber c/o First Western Properties-Tacoma, Inc. 6402 Tacoma Mall Boulevard Tacoma, WA 98409 253-471-5502, Fax 253-472-0541 Email: tweber@firstwesternproperties.com Web site: www.fwp-inc.com
Service The chain operates locations nationwide and internationally. The facilities, offering shipping, postal, printing and business services, occupy spaces of 1,000 sq.ft. to 1,400 sq.ft. in power, strip and specialty centers. Growth opportunities are sought throughout WA during the coming 18 months, with representation by First Western Properties-Tacoma, Inc.
Amerco Real Estate dba U-Haul International, Inc. Matt Braccia 2727 North Central Avenue Phoenix, AZ 85004 602-263-6555, Fax 602-277-5824 Email: matthew_braccia@uhaul.com Web site: www.uhaul.com
Service The chain operates more than 1,400 locations nationwide and in Canada. The facilities, offering self-storage units, as well the rental of moving vans and trucks, occupy spaces of 60,000 sq.ft. in freestanding locations. Growth opportunities are sought nationwide during the coming 18 months.
Group Nine Associates dba Ecco Gary Hauss 6700 Fallbrook Avenue, Suite 150 West Hills, CA 91307 818-431-2501, Fax 818-884-7967 Email: gary@gnine.com
Shoes The two-unit chain operates locations throughout AZ and CA. The shoe stores occupy spaces of 1,100 sq.ft. to 1,300 sq.ft. in malls and lifestyle centers. Growth opportunities are sought throughout AZ, CA and Las Vegas, NV during the coming 18 months. Typical leases run 10 years. Specific improvements are required.
Health Shoes Plus, Inc. dba Happy Feet Plus and Birkenstock Jacob Wurtz 465 Clearwater Largo Road North Largo, FL 33770 727-538-1111 Ext. 222, Fax 727-518-9769 Email: jacob@happyfeet.com Web site: www.happyfeet.com
Shoes The 10-unit chain operates locations throughout FL. The stores, offering men’s and women’s footwear, occupy spaces of 1,500 sq.ft. to 2,000 sq.ft. in lifestyle, outlet and power centers. Growth opportunities are sought throughout Naples, Orlando and New Tampa, FL during the coming 18 months. Typical leases run five years with five-year options. A vanilla shell is preferred. Preferred cotenants include upscale retailers.
Dealmakers Magazine | www.dealmakers.net
July 31, 2015 | Page 11
LEAD SHEET Off Broadway Shoes Jason Pierson c/o Pierson Commercial Real Estate 79 Route 520, Suite 202 Englishtown, NJ 07726 732-707-6900 Email: jason@piersonre.com Web site: www.piersonre.com
Shoes The chain operates more than 75 locations nationwide. The stores, offering family footwear, occupy spaces of 16,000 sq.ft. to 18,000 sq.ft. in malls, lifestyle, outlet and power centers. Growth opportunities are sought throughout central and northern NJ during the coming 18 months, with representation by Pierson Commercial Real Estate.
Shiekh Shoes, Inc. dba Shiekh Shoes Gerardo Aguinis c/o The Zall Co. 4725 South Monaco Street, Suite 340 Denver, CO 80237 303-804-5656, Fax 303-804-9696 Email: gaguinis@zallcompany.com Web site: www.zallcompany.com
Shoes The 140-unit chain operates locations throughout AZ, CA, IL, MI, NM, NV, OR, TN, TX and WA. The stores, offering footwear, apparel and accessories, occupy spaces of 3,500 sq.ft. to 4,500 sq.ft. in enclosed malls and street front locations. Growth opportunities are sought throughout the existing markets during the coming 18 months, with representation by The Zall Co. Typical leases run 10 years.
B.J. Alan Co., Inc. dba Phantom Fireworks Patrick Carlon 555 Martin Luther King Jr. Boulevard Youngstown, OH 44502 330-746-1064, Fax 330-746-4410 Email: pcarlon@fireworks.com Web site: www.fireworks.com
Specialty The 54-unit chain operates locations nationwide. The stores, offering fireworks, occupy spaces of 4,000 sq.ft. to 15,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout FL, IN, KY, ME, MI, NH, PA, SC, TN or WI during the coming 18 months.
Sunsation$ Jordan Lolli c/o illi Commercial Real Estate 17547 Ventura Boulevard, Suite 304 Encino, CA 91316 818-501-2212 Email: jordan@illicre.com Web site: www.illicre.com
Specialty The chain operates three locations in Beverly Hills, Newport Beach and Santa Monica, CA. The stores, offering name brand and luxury travel merchandise, occupy spaces of 2,000 sq.ft. to 5,000 sq.ft. in malls, lifestyle and tourist centers, as well as airports and casinos. Growth opportunities are sought nationwide during the coming 18 months, with representation by illi Commercial Real Estate.
Nebraska Sporting Goods Roger Brachen PO Box 509 Fremont, NE 68026 402-721-6040, Fax 407-721-4647
Sporting Goods The seven-unit chain operates locations throughout NE. The sporting goods stores occupy spaces of 3,000 sq.ft. to 5,000 sq.ft. in freestanding locations and malls. Growth opportunities are sought throughout KS and NE during the coming 18 months. Typical leases run three to five years.
The preceding leads have been verified by calls made to or written submittals from the respective retailers during the weeks prior to publication. Since the majority of chains featured in Lead Sheet are small in size, some changes in their expansion plans should be expected. To be included in an upcoming issue, just fax a note or call us with the details. Our fax number is (609-587-3511) and you can reach us by phone at (609-587-6200) or email at ann@dealmakers.net. Page 12 | July 31, 2015
Dealmakers Magazine | www.dealmakers.net
SUPERMARKET CHAINS EXPAND (continued from page one)
spaces of 30,000 sq.ft. to 58,000 sq.ft. in freestanding locations, power and strip centers. Growth opportunities are sought throughout southern AR, LA and eastern TX during the coming 18 months. Typical leases run 15 to 20 years. Major competitors include Albertsons, Kroger and Walmart Supercenter. A land area of five to seven acres is required for freestanding locations. The company prefers to acquire sites. For more information, contact Charles Merrell, Brookshire Grocery Co., 1600 West Southwest Loop 323, Tyler, TX 75701; 903534-3000, Fax 903-534-2217; Web site: www.brookshires.com.
Bristol Farms Markets trades as Bristol Farms at 15 locations throughout southern and San Francisco, CA. The upscale specialty supermarkets, featuring seafood, sushi, deli and cheese, bakery, prepared foods, wine and spirits and floral departments, as well as offering catering services, occupy spaces of 25,000 sq.ft. to 30,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout southern CA during the coming 18 months. Typical leases run 15 years. A vanilla shell and tenant improvement allowance are required. Preferred demographics include a population of 200,000 within five miles earning $75,000 as the average household income. For more information, contact Kevin Davis, Bristol Farms Markets, 915 East 230th Street, Carson, CA 90745; 310-233-4700; Email: corporateinfo@bristolfarms.com; Web site: www.bristolfarms.com.
C & R Supermarkets operates 13 locations throughout MO. The supermarkets occupy spaces of 20,000 sq.ft. to 25,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. For more information, contact Mark Thomas, C &R Supermarkets, 206 North Rollins Street, Macon, MO 63552; 660-385-2151, Fax 660-385-2992; Email: info@crsupermarkets.com; Web site: www.crsupermarkets.com.
Brookshire Grocery Co. trades as Brookshire Food Stores, Super 1 Stores and FRESH at 151 locations throughout AR, LA and eastern TX. The supermarkets, featuring deli, produce, health and beauty and floral departments, as well as a pharmacy, occupy
K-VA-T Food Stores, Inc. trades as Food City and Super Dollar Discount Foods at 104 locations throughout southeastern KY, eastern TN and southwestern VA. The supermarkets occupy spaces of 38,000 sq.ft. to 58,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 20 years. Major competitors include Food Lion, Kroger, Walmart and Ingles Market. A land area of 5.5 acres is required for freestanding locations. For more information, contact Lou Scudere, K-VA-T Food Stores, Inc., PO Box 1158, Abingdon, VA 24212; 276-623-5100, Fax 276-623-5447; Email: scuderel@foodcity.com; Web site: www.foodcity.com. AB Supermarket trades as Key Food Marketplace at two locations in NY. The supermarkets occupy spaces of 21,100 sq.ft. in strip centers. Growth opportunities are sought in Brooklyn, NY during the coming 18 months. For more information, contact Anthony Bileddo, AB Supermarket, 153 7th Street, Garden City, NY 11530; 516-742-2713, Fax 516-739-8343. DM
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July 31, 2015 | Page 13
EXCLUSIVES AND TENANT REPS Lockehouse Retail Group, Inc. (650-548-2676) is representing the following companies with their expansion plans throughout CA: with Oggi’s Sports | Brewhouse | Pizza in spaces of 3,800 sq.ft. to 5,500 sq.ft. in neighborhood centers or freestanding locations with an outdoor patio space in northern areas; with Thai Express utilizing spaces of 400 sq.ft. to 500 sq.ft. in malls and shopping centers or spaces of 1,500 sq.ft. to 1,800 sq.ft. in street front locations throughout the Bay Area and with Lemonpop occupying spaces of 12,000 sq.ft. to 15,000 sq.ft. in power or regional shopping centers throughout the Bay Area during 2016 and 2017. KeyPoint Partners, LLC (781-273-5555) is representing Gentle Dental with its expansion plans throughout the New England region of the U.S. The dental facilities prefer to occupy spaces of 3,000 sq.ft. in groceryanchored centers. Renaud Consulting (703-404-2346) is representing South Block Juice Co. with its expansion plans throughout northern VA. The fast-casual restaurants, featuring a juice bar, prefer to occupy spaces of 800 sq.ft. to 1,200 sq.ft.
Robert K. Futterman & Associates (305372-6216) is representing Cricket Wireless with its expansion plans throughout Broward, Dade, Indian River, Palm Beach, Martin and St. Lucie counties in FL. The pre-paid cell phone service provider prefers to occupy spaces of 900 sq.ft. to 1,400 sq.ft. in endcaps of grocery-anchored shopping centers with excellent visibility. Tetra Partnerships (703-796-1800) is representing Kiddie Academy with its expansion plans throughout Fairfax and Loudoun counties in VA. The child care centers prefer to occupy spaces of 8,000 sq.ft. to 11,000 sq.ft. in freestanding locations on land areas of 1.3 to 1.8 acres. An outdoor playground area of 5,000 sq.ft. is required. Retail Solutions (214-367-6404) is representing Freebirds World Burritos with its expansion plans throughout Colleyville, Dallas, Flower Mound, Las Colinas and North Arlington, TX. The restaurants prefer to occupy spaces of 2,400 sq.ft. to 2,600 sq.ft. in areas within a seven-minute drive-time D from existing locations. M
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REAL ESTATE PROFESSIONALS MAKING THE NEWS LMS Commercial Real Estate (717-5699373) recently hired Arlene Gray as director of leasing. Prior to joining the company, Gray served as director of leasing at Vastgood Properties, LLC where she oversaw the leasing and management of retail properties totaling 600,000 sq.ft. Cushman & Wakefield (813-204-5372) recently promoted Cynthia Townsend to project manager from project coordinator at the firm’s Tampa, FL office. The company specializes in leasing, sales and acquisitions, equity, debt and structured financing, investment banking, corporate services and consulting services. The Lord Cos., LLC (312-944-6270) recently hired Landon Massel as a broker associate. Prior to joining the company, he co-founded WAV Properties, LLC. The company also recently hired Veronica Poluha as an asset manager and leasing associate. Prior to her new position, Poluha served at Parkway Realty Services. The Kase Group (559-495-8634) recently hired Michelle Barragan as an investment D advisor. M
SOURCES OF FINANCING Partners Capital offers construction financing and bridge loans of up to $25 million for retail developments nationwide. Loans feature loan-to-value ratios of up to 75% and rates of 7%. Terms include interest only payments for up to two years. For more information, contact Bobby Khorshidi or Mark Blumenthal, Partners Capital, 11661 San Vincente Boulevard, Suite 609, Los Angeles, CA 90049; 310447-8899, Fax 310-207-8100; Emails: bobby@partcap.com and mark@partcap.com; Web site: www.partcap.com. Marcus & Millichap Capital Corp. recently negotiated $7.66 million in bridge financing for the redevelopment of a mixed-use project located along Route 309 in Hatfield, PA. The 30-acre site is adjacent to a Walmart Supercenter and a proposed Kohl’s. The loan features a loan-to-value rate of 70%. For more information, contact Matthew A. Rosenberg, Marcus & Millichap Capital Corp., 215-531-7033; Email: matthew. rosenberg@marcusmillichap.com; Web site: www.mmcapcorp.com. DM Dealmakers Magazine | www.dealmakers.net
SPACE PLACE Arizona
California
Florida
Phoenix – Plaza De Campana, a mixed-use center located at the intersection of Bell Road and 32nd Street, has spaces from 929 sq.ft. to 10,000 sq.ft. available. Cotenants include 24 Hour Fitness, Harbor Freight Tools, Denny’s, Starbucks, Jimmy John’s and Dollar Tree. Area demographics include a population of 266,016 within five miles earning $78,859 as the average household income. For more information, contact Matt Milinovich, Brad Balbo or James Decremer, Strategic Retail Group, 15169 North Scottsdale Road, Suite 330, Scottsdale, AZ 85254; 602-778-3830/3831/3840, Fax 602778-3839; Email: mattm@srgaz.com.
For more information, contact Danielle Cornwell or Lorena Tomb, Jones Lang LaSalle, 213-239-6079/6071; Email: danielle. cornwell@am.jll.com. Rialto – Two sites are available at the intersection of Riverside Avenue and Easton Street. Area retailers include In-N-Out Burger, Chipotle and Jersey Mike’s Subs. Area demographics include a population of 119,338 within three miles earning $54,133 as the average household income. For more information, contact City of Rialto Economic Development, 909-8208016; Web site: www.rialtoca.gov.
demographics include a population of 155,929 within five miles earning $98,761 as the average household income. For more information, contact Darlene McKinnon, Excel Trust, 804-887-2988; Email: dm@exceltrust.com; Web site: www.exceltrust.com.
California
Florida
Chino – A center located at the intersection of Philadelphia Street and Ramona Avenue, has spaces from 1,792 sq.ft. to 9,160 sq.ft. available, as well as a 3,300 sq.ft. restaurant pad with a drive-thru. Area demographics include a population of 174,044 within three miles. The average daily traffic count is 31,613 vehicles. Moreno Valley – A center located in the Rancho Belago neighborhood, has shop spaces, restaurant spaces, endcaps and drive-thru pad sites available. Cotenants include Stater Bros., Subway, Wells Fargo, Jack in the Box and Fantastic Sam’s. For more information regarding the Chino property, contact Janine Peltier, Progressive Real Estate Partners, 909-230-4500; Email: janine@progressiverep.com. For more information regarding the Moreno Valley property, contact Kenia Drugan; Email: kenia@progressiverep.com.
Daytona Beach – Bellair Plaza, a 352,834 sq.ft. center located at the intersection of Plaza Boulevard and North Atlantic Avenue, has spaces available. Cotenants include Publix, Marshalls, Bealls, Beall’s Outlet, Payless Shoe Source, Walgreens, Dollar Tree, Pet Supermarket, Ruby Tuesday, The UPS Store, GNC and Subway. Area demographics include a population of 93,075 within five miles earning $43,000 as the average household income. The average daily traffic count is 20,200 vehicles. For more information, contact Casey Withrow, Woolbright Development, 2240 Northwest 19th Street, Suite 801, Boca Raton, FL 33431; 850-218-2992; Email: cwithrow@woolbright.net; Web site: www.woolbright.net.
Laguna Hills – Western Country Plaza, a 27,815 sq.ft. center located along Moulton Parkway, has spaces of 1,155 sq.ft. and 1,825 sq.ft. available. Area retailers include EZ Lube, 7-Eleven and The Original Pancake House. Area demographics include a population of 287,539 within five miles earning $89,387 as the average household income. For more information, contact Dave Bueche, Sperry Commercial, 949-705-5085; Email: dave.bueche@sperrycre.com; Web site: www.sperrycre.com. Los Angeles – The Olive Center, located along Olive Street, has a 4,600 sq.ft. penthouse space available, as well as a 6,600 sq.ft. ground floor retail space. Area retailers include Le Pain Quotidien, City Athletix, Tender Greens, Whole Foods Market and Coffee Bean & Tea Leaf. The monthly asking rent for the ground floor space is $3.25 psf NNN. Dealmakers Magazine | www.dealmakers.net
Margate – Penn Dutch Plaza, a 155,622 sq.ft. community center located at the intersection of North State Road 7 and 31st Street, has spaces of 2,132 sq.ft., 4,000 sq.ft. and 4,800 sq.ft. available. Cotenants include Penn Dutch Food Center, You Fit Health Clubs, Recharge Smoothies and Pizza Hut. Area demographics include a population of 376,643 within five miles earning $66,738 as the average household income. For more information, contact Howard Lefkowitz, Equity One, Inc., 786-528-1459; Email: hlefkowitz@equityone.net; Web site: www.equityone.net. Palm Beach Gardens – Downtown at the Gardens, a 335,296 sq.ft. center located along Lake Victoria Gardens Avenue, has a space of 2,854 sq.ft. available. Cotenants include Whole Foods Market, Cobb Theatres, The Cheesecake Factory, Golfsmith, Urban Outfitters, Grimaldi’s, West Elm and Yard House. Area
Georgia Kennesaw – The Village at TownPark, a 64,703 sq.ft. center located at the intersection of Chastain Road and George Busbee Parkway, has spaces of 1,330 sq.ft., 2,339 sq.ft., 2,986 sq.ft. and 4,587 sq.ft. available. Cotenants include Taco Mac, Panera Bread, Chick-Fil-A, Supercuts, FedEx Office, Palm Beach Tan and Five Guys Famous Burgers & Fries. Area demographics include a population of 182,041 within five miles earning $77,233 as the average household income. For more information, contact Retail Planning Corp., 35 Johnson Ferry Road, Marietta, GA 30068; 770-956-8383; Email: leasing@retailplanningcorp.com. Macon – Macon Corners, a 95,704 sq.ft. center located along Brookhaven Road, has spaces available. Cotenants include Dollar Tree. Area demographics include a population of 132,507 within five miles earning $51,641 as the median household income. The average daily traffic count is 38,400 vehicles along Eisenhower Parkway. The asking rent is $6 to $8 psf. For more information, contact Teddy Chattah, Rebecca Cohen or Travis Burrows, Cohen Equities, 212-405-2673/646-7479869/212-405-2683; Email: teddyc@ cohenequities.com.
Idaho Coeur D’Alene – Ironwood Square, a community center located at the intersection of US Highway 95 and Ironwood Drive, has spaces from 900 sq.ft. to 5,790 sq.ft. available. Cotenants include Albertsons, Rite Aid, Staples, Payless Shoe Source, Sally Beauty Supply, GNC, GameStop, Hallmark, Starbucks, Quiznos Sub and Qdoba. Area demographics include a population of 72,182 within five miles earning $56,646 as the average household income. The asking rent is $18 psf NNN. For more information, contact Cory Barbieri, John Hillier or Mike Favret, Goodale & Barbieri Co., 818 West Riverside, Suite 300, Spokane, WA 99201; (continued on page sixteen)
July 31, 2015 | Page 15
SPACE PLACE Idaho (continued from page fifteen)
509-344-4901/509-323-7201/509-4596108; Email: cbarbieri@g-b.com; Web site: www.g-b.com.
Illinois Bolingbrook – The Landings of Bolingbrook, located along North Weber Road, has spaces from 2,201 sq.ft. to 25,033 sq.ft. available. Cotenants include PetSmart, Office Max, Game Stop, For Eyes, Sport Clips and Noodles & Co. Area demographics include a population of 214,065 within five miles earning $92,447 as the median household income. For more information, contact Samantha Spinell or Jaime Bertsche, Mid-America Group, 630-954-7220/7223; Email: sspinell@midamericagrp.com; or Travis Burrows, Cohen Equities, 212-405-2683; Email: travisb@cohenequities.com. Northbrook – White Plains Shopping Center, an 85,000 sq.ft. center located at the intersection of Landwehr Road and Dundee Road, has spaces of 786 sq.ft., 1,242 sq.ft. and 1,395 sq.ft. available. Cotenants include Ace Hardware, Big Apple Bagels, Fast Signs, The UPS Store and Taboun Grill. For more information, contact Marc Abrahamson, Haven Equities Corp., 300 Skokie Boulevard, #M, Northbrook, IL 60062; 847-498-1601, Fax 847-498-5885; Email: bears1963@aol.com. Sterling – Northland Mall, located along East Lincolnway, has spaces of 4,200 sq.ft., 5,400 sq.ft. and 11,566 sq.ft. available, as well as two spaces of 2,300 sq.ft. Cotenants include rue21, Maurices, Shoe Sensation, Finish Line, GNC, Bergner’s, Claire’s, Christopher & Banks, JC Penney, Bath & Body Works and Dunham’s Sports. Area demographics include a population of 31,045 within five miles earning $57,097 as the average household income. The average daily traffic count is 18,300 vehicles. For more information, contact Marissa Visconsi, J. Herzog & Sons, Inc., 303-5393027; Email: mvisconsi@jherzog.com.
Indiana Vincennes – Knox Plaza, a 58,730 sq.ft. neighborhood center located at the intersection of North 6th Street and Kessinger Street, has spaces from 4,800 sq.ft. to 18,000 sq.ft. available, which can be sub-divided. Cotenants include Big Lots, Ashley Furniture and Buffalo Wild Wings. Area demographics Page 16 | July 31, 2015
Indiana
Louisiana
include a population of 32,565 within ten miles earning $42,291 as the average household income. For more information, contact Kelly Voss, Developers Realty Corp., 1224 Mill Street, Building D, Suite 103, East Berlin, CT 06023; 860-561-0121, Fax 860-521-4323; Email: kelly@developers-realty.com; Web site: www.developers-realty.com.
Country Lane, Suite 210, Houston, TX 77024; 713-465-0001, Fax 713-465-3856; Email: jadame@realmrealty.com; Web site: www.realmrealty.com.
Kentucky Louisville – Plainview Village, a 164,367 sq.ft. center located at the intersection of Hurstborne Parkway and Linn Station Road, has spaces from 1,071 sq.ft. to 10,896 sq.ft. available. Cotenants include Kroger, Tuesday Morning, FedEx Office, Sport Clips, Hertz, Pita Pit, Noodles & Co. and Subway. Area demographics include a population of 197,647 within five miles earning $77,055 as the average household income. The average daily traffic count is 67,000 vehicles. For more information, contact Robin Stanley, Brixmor, 859-806-6862; Email: robin.stanley@brixmor.com; Web site: www.brixmor.com. Richmond – A 13.0-acre site is available along Barnes Mill Road. Area retailers include Belk, Culver’s, The Children’s Place, Buffalo Wild Wings, Michaels, Meijer, Olive Garden, Panera Bread, Bob Evans and Starbucks. Area demographics include a population of 41,758 within five miles earning $49,760 as the average household income. For more information, contact Neil Wilson, Realty Link Development, LLC, 864-2635413; Email: nwilson@realtylinkdev.com; Web site: www.realtylinkdev.com.
Louisiana Gretna – Westside Shopping Center North, located at the intersection of Westbank Expressway and Stumpf Boulevard, has small shop spaces available, along with a junior anchor space and a pad site available for ground lease or build-to-suit. Cotenants include Rouses, Academy, Floor & Décor, Dollar General, Harbor Freight Tools, Cavender’s, Planet Fitness, AutoZone, Citi Trends, Hancock Fabrics, Moe’s Southwest Grill, GNC and Smoothie King. Area demographics include a population of 342,604 within five miles earning $64,201 as the average household income. The average daily traffic count is 127,521 vehicles along Westbank Expressway. For more information, contact Jarrett Adame, Realm Realty, 900 Town &
Maryland Bowie – A 72-acre site is available at the intersection of Route 301 and Route 50. Area retailers include Home Depot, BJ’s Wholesale Club, Giant, Walmart, Lowe’s, Kohl’s, Target, Safeway, Sears and Macy’s. Area demographics include a population of 97,950 within five miles earning $120,272 as the average household income. For more information, contact Scott Zelekowitz, Gibraltar Management Co., Inc., 150 White Plains Road, Tarrytown, NY 10591; 914-631-6200; Email: scott@gibraltarmgt.com; Web site: www.gibraltarmgt.com.
Massachusetts Swansea – Swansea Mall, a 667,950 sq.ft. mall located at the intersection of Route 6 and Route 118, has spaces available. Cotenants include Macy’s, Sears, Victoria’s Secret, Bath & Body Works, Express, Yankee Candle, rue21 and Old Navy. Area demographics include a population of 327,891 within ten miles earning $67,127 as the average household income. The average daily traffic count is 65,400 vehicles along Route 6. For more information, contact Anita Blackford, Carlyle Development Group, 602-997-2642, Fax 602-870-9983; Email: anita@carlyle-usa.com; Web site: www.visitswanseamall.com.
Michigan Green Oak Township – Green Oak Village Place, a lifestyle/power center located at the intersection of Lee Road and US Route 23, has spaces from 1,418 sq.t. to 9,461 sq.ft. available. Cotenants include JC Penney, Dick’s Sporting Goods, Barnes & Noble, Five Below, Home Goods, Ulta, DSW and Pier 1 Imports. Area demographics include a population of 96,525 within seven miles earning $95,665 as the average household income. For more information, contact Jennifer SantAmour, Lormax Stern Development Co., 38500 Woodward Avenue, Suite 200, Bloomfield Hills, MI 48304; 248-737-7110 Ext. 115; Email: jsantamour@lormaxstern.com; Web site: www.lormaxstern.com. Dealmakers Magazine | www.dealmakers.net
SPACE PLACE Mississippi
New Jersey
New Jersey
Byram – Byram Crossing, located at the intersection of Siwell Road and Davis Road, has spaces available. Cotenants include Kroger. Area demographics include a population of 42,749 within five miles earning $51,501 as the average household income. For more information, contact Tim Lehning, Market Land Co., 615-369-1600; Email: tlehning@marketlandco.com; Web site: www.marketlandco.com.
For more information, contact Michael McDermott, Edgewood Properties, 1260 Stelton Road, Piscataway, NJ 08854; 732985-1900, Fax 732-985-5588; Email: mmcdermott@edgewoodproperties.com; Web site: www.edgewoodproperties.com.
Tree, GNC, Game Stop and Sport Clips. Area demographics include a population of 120,102 within five miles earning $86,883 as the average household income. The average daily traffic count is 20,300 vehicles. For more information, contact Jacobs Enterprises, Inc., 1051 Bloomfield Avenue, Clifton, NJ 07012; 973-591-5222; Web site: www.jacobs-enterprises.com; or Pierson Commercial Real Estate, 732-707-6900; Web site: www.piersonre.com.
Missouri
Wall – Plaza 35, a 214,000 sq.ft. center located at the intersection of Route 35 and 18th Avenue, has spaces available. Cotenants include Kmart, Pet Supplies Plus, Work Out World, Payless Shoe Source, Sneakers Plus, Sally Beauty Supply, Dollar
(continued on page eighteen)
St. Louis – Lindell Market Place, located at the intersection of Lindell Boulevard and McPherson Avenue, has spaces of 1,050 sq.ft., 2,800 sq.ft. and 3,538 sq.ft. available. Cotenants include Schnucks, Simply Fashion, Payless Shoe Source, Subway, Rent-A-Center, Boost Mobile, Rainbow, Five Guys Famous Burgers & Fries, Office Depot and Wing Stop. Area demographics include a population of 331,110 within five miles earning $51,315 as the average household income. For more information, contact Eddie Cherry, The Staenberg Group, 2127 Innerbelt Business Center Drive, Suite 310, St. Louis, MO 63114; 314-513-1436; Email: echerry@tsgproperties.com; Web site: www.tsgproperties.com.
New Hampshire Keene – Fairbanks Plaza, a 142,391 sq.ft. center located at the intersection of Franklin Pierce Highway and West Street, has spaces available. Cotenants include Kohl’s, Aldi, Famous Footwear, Payless Shoe Source, Walgreens and Advanced Cyclist. Area demographics include a population of 29,408 within five miles earning $68,017 as the average household income. For more information, contact Joseph Harnan, KGI Properties, LLC, 10 Memorial Boulevard, Suite 901, Providence, RI 02903; 401-273-8600 Ext. 329; Email: j.harnan@kgiproperties.com; Web site: www.kgiproperties.com.
New Jersey Marlboro – Lloyd Road Commons, located along NJ State Highway 79, has up to 10,200 sq.ft. of retail space available, along with a space of 8,352 sq.ft. Cotenants include CVS and QuickChek. Area demographics include a population of 136,945 within five miles earning $125,144 as the average household income. Dealmakers Magazine | www.dealmakers.net
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www.tenantsearch.com | 1.800.732.5856 July 31, 2015 | Page 17
SPACE PLACE New York (continued from page seventeen)
Bronx – Peartree Square, located at the intersection of Co-Op City Boulevard and Peartree Avenue, has retail spaces available. Cotenants include Super Stop & Shop, NWL Household Warehouse, Rite Aid and Hungry Howie’s. Area demographics include a population of 478,126 within three miles earning $64,453 as the average household income. For more information, contact Aggie Rigos, Rosenshein Associates, 555 South Barry Avenue, Mamaroneck, NY 10543; 914-698-3600, Fax 914-698-3939; Email: aggie@rosensheinassocs.com. Brooklyn – An 8,000 sq.ft. street level retail space, with an 8,000 sq.ft. basement, is available along Rockaway Parkway. Area retailers include Popeye’s Chicken & Biscuits, Dunkin’ Donuts, Boost Mobile, Subway, Walgreens, GameStop, McDonald’s, Payless Shoe Source and Rainbow. Also – Flushing Commons, located at the intersection of 39th Avenue and 138th Street, has first and second floor retail spaces available. Area retailers include Macy’s, Starbucks, Chase Bank, TD
New York
South Carolina
Bank, Paris Baguette, Foot Locker, T-Mobile, AT&T and Joe’s Shanghai. For more information regarding the space on Rockaway Parkway, contact Isaac Mograby or Jack Chera, Crown Retail Services, 767 Fifth Avenue, Suite 2400, New York, NY 10153; 212-292-0214/0211; Email: imograby@crtl.com; Web site: www. crtl.com. For more information regarding Flushing Commons, contact Isaac Mograby, Jack Chera or Morris Dabbah, 212-2920223; Email: mdabbah@crtl.com.
561-5243; Email: mnewell@mpvre.com; Web site: www.mpvre.com.
South Carolina Ft. Mill – A 7,000 sq.ft. retail building, situated on 0.921 acres, is available along Highway 160. Area retailers include Pizza Hut, Lowe’s, Goodyear, Walgreens, Chick-Fil-A, Wendy’s, BB&T, CVS and Six Pence Pub. Area demographics include a population of 86,489 within five miles earning $85,670 as the average household income. The average daily traffic count is 29,400 vehicles. The asking rent is $28 psf NNN. For more information, contact Mark Newell, MPV Properties, 521 East Morehead Street, Suite 400, Charlotte, NC 28202; 704-
Texas New Braunfels – New Braunfels Marketplace, located along US Highway 81, has spaces from 2,052 sq.ft. to 7,803 sq.ft. available. Cotenants include Alamo Drafthouse Cinema, Gold’s Gym, Ashley Furniture, Tuesday Morning, Hastings, Palm Beach Tan and Honey Baked Ham. For more information, contact James Lowe, Legacy Commercial Real Estate, 396 North Seguin Avenue, New Braunfels, TX 78130; 830-625-6400; Email: james@legacycommercialre.com; Web site: www.legacycommercialre.com.
Puerto Rico San Sebastian – A 17,000 sq.ft. freestanding building is available along Emertito Estrada Avenue. Area retailers include Walgreens, CVS and Sears. For more information, contact Luis Rivera, LAR Real Estate, 199 Private Court, Mayaguez, Puerto Rico 00682; 787-409D 3673; Email: luisardhl@hotmail.com. M
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