Reporting The Nation’s Weekly News on Retailing & Retail Real Estate
Volume XXV No. XLV
November 26, 2010
Home-Related Chains Expand Nationwide Banner Carpet & Drapes, Inc. trades as Banner Carpet & Drapes at three locations throughout CA. The stores occupy spaces of 2,500 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run five years. For more information, contact Richard Borsuk, Banner Carpet & Drapes, Inc., 18814 South Crenshaw Boulevard, Torrance, CA 90504; 310378-5575, Fax 310-327-0947. Rooms To Go trades as Rooms To Go and Rooms To Go Kids at 165 locations throughout AL, FL, GA, LA, MS, NC, SC, TN, TX and Puerto Rico. The stores, offering bedroom, living room and dining room furniture, as well as mattresses, home entertainment items and related accessories, 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.
Bed Bath & Beyond, Inc. trades as Bed Bath & Beyond at 940 locations nationwide. The stores, offering home décor and seasonal items, bedding and bathroom accessories and electronics, occupy spaces of 20,000 sq.ft. to 75,000 sq.ft. in freestanding locations and mixed-use, outlet, power, specialty, strip and tourist centers, in addition to downtown areas. Plans call for 60 openings throughout the existing market during the coming 18 months. Typical leases run 10 years. A vanilla shell and specific improvements are preferred. Preferred demographics include a population of 100,000 within five miles earning $50,000 as the average household income. For more information, contact Seth Geldzahler, Bed Bath & Beyond, Inc., 650 Liberty Avenue, Union, NJ 07083; 908-688-0888, Fax 908-6888385; Email: seth.geldzahler@bedbath.com; Web site: www.bedbathandbeyond.com. House of Paints, Inc. trades as House of Paints at nine locations throughout NJ. The home improvement stores occupy spaces of 2,500 sq.ft. to 4,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout Camden, Ocean and Monmouth counties in NJ during the coming 18 months. For more information, contact Russell Gilbert, House of Paints, Inc., 510 Route 9, Bayville, NJ 08721; 732-237-8715, Fax 732-237-8716; Email: rgilbert@houseofpaints.net; Web site: www.houseofpaints.com. (continued on page twenty-six)
This issue contains information on:
* Retailers operating 58,933 locations with plans to open 2,969 sites * Real estate valued in excess of $146.2 million to be bought, sold & financed * Leasing activity on over 19 million sq.ft. of retail properties
Important News Please Expedite
Postmaster: Periodical
Featuring Pre-Show ICSC New York National Conference New Construction Thalhimer Retail Services is leasing two projects in VA........ Pg. 4 Observations & Conversations Pg. 6 Profile|R.J. Brunelli & Co., Inc. Pg. 8 Food Retailers Expand Red Mango seeking sites throughout select markets in NY Pg. 10 Openings Urban Outfitters, Inc. to open first Anthropologie store in western MI............................... Pg. 14 Buyers & Sellers Henzlik-Oliver Real Estate Cos., LLC acquired an 89,807 sq.ft. property in Austin, TX............... Pg. 25 Exclusives Royal Properties, Inc. represents Lime Fresh Mexican Grill throughout NY.......................... Pg. 25 In the News Recreational Equipment, Inc. hired Mark K. Comstock as vice president, real estate and store development............................ Pg. 27 Lease Signings NAI Friedland negotiated a lease with Allison’s on Fifth, Inc. for 3,000 sq.ft. in New York, NY.... Pg. 30 Lead Sheet Jared – The Galleria of Jewelry looks to open stores throughout New England............................ Pg. 32 Modells Sporting Goods continues on growth path......... Pg. 34 Space Place.............................. Pg. 36 Sources of Financing BMC Capital provides financing for net-leased retail, office, industrial and storage properties................................. Pg. 37 ICSC New York National Conference Floor Plan............. Pg. 50 Most Valuable Players.............. Pg. 54
For more news go to: www.dealmakers.net Mobile Access Code: preNYC2010