Reporting The Nation’s Weekly News on Retailing & Retail Real Estate Volume XXIX No. XLIV
November 28, 2014
FEATURING HOME-RELATED CHAINS EXPAND NATIONWIDE Fast Frame USA, Inc. trades as Fast Frame at more than 200 locations nationwide and internationally. The stores, offering custom framing, artwork and related accessories, occupy spaces of 1,500 sq.ft. in strip centers. Growth opportunities are sought nationwide during the coming 18 months. Typical leases run five years with options. The company prefers to locate in affluent areas in centers with national retailers and is franchising. For more information, contact Department of Real Estate, Fast Frame USA, Inc., 1200 Lawrence Drive, Suite 300, Newbury Park, CA 91320; 805-498-4463, Fax 805-498-8983; Email: brenda@fastframe.com; Web site: www.fastframe.com. The Home Depot, Inc. trades as The Home Depot at 2,266 locations nationwide and in Canada and internationally. The home improvement stores, offering building materials, lighting and ceiling fans, appliances, tools and hardware, as well as outdoor products, occupy spaces of 100,000 sq.ft. to 120,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. The company prefers to acquire land areas of 10 to 13 acres. For more information, contact Michelle Hagood, The Home Depot, Inc., 2455 Paces Ferry Road, Atlanta, GA 30339-4024; 770433-8211, Fax 770-384-2917; Web site: www.homedepot.com.
The Kitchen Collection, LLC trades as Kitchen Collection at 270 locations nationwide. The stores, offering cookware, bakeware, small appliances and related accessories, occupy spaces of 2,500 sq.ft. to 3,000 sq.ft. in outlet centers. Plans call for eight to 15 openings throughout the existing market during the coming 18 months. Typical leases run years. A vanilla shell and specific improvements are required. For more information, contact Larry White, The Kitchen Collection, LLC, 71 East Water Street, Chillicothe, OH 45601; 740-773-9150, Fax 740-774-0707; Email: lwhite@kitcol.com; Web site: www.kitchencollection.com. Blinds To Go, Inc. trades as Blinds To Go at more than 85 locations throughout CT, DE, MA, NJ, NY, PA, VA and Ontario and Quebec, Canada. The stores, offering blinds and shades, as well as custom-made products, occupy spaces of 3,500 sq.ft. to 4,500 sq.ft. in freestanding locations and endcaps of strip centers. Plans call for three openings throughout Natick and Chestnut Hill, MA, along Route 9; along Route 1 in Princeton, NJ; along Route 59 in Nanuet, NY or in south Philadelphia, PA along Columbus Boulevard during the coming 18 months. Typical leases run 10 years with three, five-year options. A turnkey is preferred. Preferred cotenants include Home Depot, Lowe’s Home Improvement and Bed Bath & Beyond. Preferred demographics include (continued on page sixteen)
THIS ISSUE CONTAINS INFORMATION ON: • Retailers operating 27,301 locations with plans to open 1,829 sites • Real estate valued in excess of $145 million to be bought, sold & financed • Leasing activity on over 3.8 million sq.ft. of retail properties WS Postmaster: Periodical T NE E N A T IT R D
IMPO SE EXPE PLEA
PRE-SHOW ICSC NEW YORK NATIONAL CONFERENCE New Construction The Keith Corp. to break ground on shopping center in CO.......... Pg. 4 Observation and Conversations Pg. 6 Buyers and Sellers The Shopping Center Group markets Stop & Shop anchored center......................................... Pg. 10 Who’s Opening and Where Fastsigns to open up to 10 stores in CA.......................................... Pg. 11 Grub Burger Bar focuses on FL.... Pg. 11 Food Chains Expand Robeks to open 100 locations..... Pg. 12 Sources of Financing Meridian Capital Group arranges $31.5 million in acquisition financing.................................... Pg. 14 Making the News Cassidy Turley taps new talent.... Pg. 14 Exclusives and Tenant Reps Metro Commercial reps Lumber Liquidators................................. Pg. 17 Lease Signings Cafaro inks anchor deal in OH.... Pg. 18 Lead Sheet Shop Rite to enter AL FL and MS Pg. 20 Studio Movie Grill to open up to 10 locations................................ Pg. 21 Space Place................................ Pg. 27 ICSC NY Conference Floor Plan Pg. 34