Reporting The Nation’s Weekly News on Retailing & Retail Real Estate
Volume XXVI No. XXX
August 12, 2011
Apparel Chains Expand Nationwide Citi Trends, Inc. trades as Citi Trends at 480 locations throughout the southeastern, mid-Atlantic and midwestern regions of the U.S., as well as CA, NV and TX. The stores, offering apparel, footwear and accessories for men, women and children, occupy spaces of 12,000 sq.ft. to 15,000 sq.ft. in neighborhood, power and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run five years. A vanilla shell and specific improvements are required. Preferred cotenants include dollars stores and grocery, apparel and footwear retailers. For more information, contact Steven Horowitz, Citi Trends, Inc., 104 Coleman Boulevard, Savannah, GA 31408; 912-4434910; Web site: www.cititrends.com. Rugged Wearhouse operates 70 locations throughout the eastern and southeastern regions of the U.S. The stores, offering discounted casual apparel, footwear and accessories for men and women, as well as home furnishings and lifestyle products in select locations, occupy spaces of 11,000 sq.ft. to 13,000 sq.ft. in secondgeneration spaces. Growth opportunities are sought throughout DE, MD and VA during the coming 18 months. For more information, contact Jim Barger, Rugged Wearhouse, 55 Scott Avenue, Morgantown, WV 26508; 304-225-7141, Fax 304-292-3876; Email: jim.barger@gabes.net; Web site: www.ruggedwearhouse.com.
Rainbow Apparel Cos. operates 1,200 locations nationwide and throughout Puerto Rico and the Virgin Islands. The stores, offering apparel for juniors and plus-sizes, as well as footwear, accessories and children’s apparel, occupy spaces of 5,000 sq.ft. to 10,000 sq.ft. in malls, strip centers and downtown areas. Growth opportunities are sought throughout upstate and the Hudson Valley area of NY, as well as western PA, during the coming 18 months, with representation by Flaum Management Co., Inc. Preferred cotenants include fashion retailers, discount and department stores and supermarkets. For more information, contact Scott Burdett, Flaum Management Co., Inc., 400 Andrews Street, Suite 500, Rochester, NY 14604; 585546-4866; Email: sburdett@flaummgt.com; Web site: www.rainbowshops.com. Jos A. Bank operates 521 locations nationwide throughout 42 states. The stores, offering a full line of men’s tailored and casual apparel, footwear and accessories, occupy spaces of 4,500 sq.ft. in regional enclosed malls and lifestyle and power centers. Growth opportunities are sought throughout MI during the coming 18 months, with representation by Stokas Bieri Real Estate. For more information, contact Alex Bieri, Stokas Bieri Real Estate, 660 Woodward Avenue, Suite 1500, Detroit, MI 48226; 313962-2800, Fax 313-962-5070; Web site: www.josabank.com. (continued on page nine)
This issue contains information on:
* Retailers operating 42,951 locations with plans to open 2,672 sites * Real estate valued in excess of $161.8 million to be bought, sold & financed * Leasing activity on over 4.9 million sq.ft. of retail properties
Important News Please Expedite
Postmaster: Periodical
Featuring Pre-Show ICSC Florida Conference New Construction DeBartolo Development is developing an expansion to a center in Wesley Chapel, FL Pg. 3 Buyers and Sellers Festival Properties acquires a center in TX........................... Pg. 4 Openings American Freight Furniture and Mattress anticipates more growth................................... Pg. 5 Food Retailers Expand Menchie’s Frozen Yogurt looks to FL for growth............ Pg. 6 Sources of Financing Consolidated Alliance Group provides financing for a variety of property types........ Pg. 7 In the News Colliers International adds brokerage and property management divisions of Welsh Cos............................. Pg. 7 Lease Signings S.L. Nusbaum Realty Co. negotiated leases throughout VA......................................... Pg. 8 Exclusives Katz & Associates represents The Children’s Place throughout FL........................ Pg. 9 Lead Sheet Dollar Star continues expansion throughout FL....... Pg. 12 Ecco to enter into the Las Vegas, NV market.................. Pg. 14 Space Place........................... Pg. 16
For more news go to: www.dealmakers.net Mobile Access Code: prefl2011