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Reporting The Nation’s Weekly News on Retailing & Retail Real Estate

Volume XXV No. XLVII

December 10, 2010

Apparel Chains Expand Nationwide Dots, LLC trades as Dots at 400 locations throughout the northeastern, midwestern, southeastern and mid-Atlantic regions of the U.S., as well as TX. The stores, offering affordable fashion for women, occupy spaces of 4,000 sq.ft. to 6,000 sq.ft. in lifestyle, power, specialty and strip centers. Plans call for 50 openings throughout the northeastern, midwestern, southeastern and southern regions of the U.S. during the coming 18 months. Typical leases run five years with three, five-year options. Preferred cotenants include grocery stores, Target and Walmart. Preferred demographics include a population of 75,000 within three miles earning $45,000 to $55,000 as the average household income. For more information, contact John Clark or Kyle Koenig, Dots, LLC, 30300 Emerald Valley Parkway, Glenwillow, OH 44139; 440-349-7040, Fax 440-349-7004; Emails: realestate@dots.com, jclark@dots.com and kkoenig@dots.com; Web site: www.dots.com. Daffy’s, Inc. trades as Daffy’s New York at 19 locations throughout NJ, NY and PA. The discount apparel stores occupy spaces of 20,000 sq.ft. to 25,000 sq.ft. in urban/downtown areas. Growth opportunities are sought throughout New York, NY and the surrounding boroughs during the coming 18 months. Preferred cotenants include Target. For more information, contact Richard Kramer, Daffy’s, Inc., Daffy’s Way, Secaucus, NJ 07094; 201-902-0800, Fax 201-902-9016; Email: rkf@daffys.com; Web site: www.daffys.com.

10 Spot/MadRag operates 40 locations throughout CT, FL, MA, NJ, NY, PA and RI. The stores, offering discounted women’s plussize and junior apparel, occupy spaces of 4,000 sq.ft. to 6,000 sq.ft. in malls, power and strip centers and urban/downtown areas. Plans call for eight to 12 openings throughout the existing markets during the coming 18 months. Typical leases run 10 years with options. A vanilla shell and specific improvements are required. Ideal cotenants include supermarkets. Preferred demographics include a population of 100,000 within three miles earning $35,000 to $50,000 as the average household income. For more information, contact Nathan Hoffman, 10 Spot/MadRag, 30 Seaview Drive, Secaucus, NJ 07094; 201-319-1400 Ext. 118, Fax 201-319-0111; Email: nathan@10spotplus.com; Web site: www.madragstores.com. J.H.D. Enterprises, Ltd. trades as Lim’s and Basix at 18 locations throughout NC, SC and VA. The apparel stores, catering to an 18to 25-year old male and female customer, occupy spaces of 2,500 sq.ft. to 4,000 sq.ft. in malls. Limited growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run five years. For more information, contact Bob Lim, J.H.D. Enterprises, Ltd., 951 Aviation Parkway, Suite 900, Morrisville, NC 27560; 919-465-2024, Fax 919-465-2025. (continued on page thirty-six)

This issue contains information on:

* Retailers operating 70,993 locations with plans to open 6,346 sites * Real estate valued in excess of $742.4 million to be bought, sold & financed * Leasing activity on over 15.2 million sq.ft. of retail properties

Important News Please Expedite

Postmaster: Periodical

Featuring ICSC New York National Conference New Construction Faison is preleasing the second phase of a 650,000 sq.ft. center in Brandywine, MD.................... Pg. 4 Observations & Conversations

Pg. 6

Profiles T-Mobile USA, Inc...................... Pg. 8 ARC Properties, Inc.................... Pg. 10 Buyers & Sellers The Goldstein Group is selling a nine-acre parcel in Somerset, NJ Pg. 12 Food Retailers Expand SoHo Seafood & Steak House to open locations in NH, NY and OH Pg. 16 Openings Linens & More For Less! to open 50 locations throughout the eastern and southern U.S............ Pg. 20 Home-Related Chains Expand Gothic Cabinet Craft seeking locations throughout select markets in NY............................. Pg. 32 Supermarket Chains Expand Trader Joe’s to open supermarkets throughout Long Island, NY......... Pg. 34 Exclusives Renaud Consulting represents Overstock Furniture throughout MD and VA................................ Pg. 40 Sources of Financing Holliday Fenoglio Fowler, LP arranged $80 million in financing for a mixed-use building in New York, NY.................................... Pg. 47 In the News Crossman & Co. announces three promotions................................. Pg. 48 Lease Signings R.J. Brunelli & Co. negotiated a lease with Toys “R” Us in Woodbridge, NJ......................... Pg. 50 Lead Sheet Great Play seeking locations throughout Fairfield County, CT and Westchester County, NY...... Pg. 54 ICSC New York National Conference Floor Plan............... Pg. 58 Space Place................................ Pg. 62 Most Valuable Players................ Pg. 88

For more news go to: www.dealmakers.net Mobile Access Code: NYCshow2010


New Construction Kitchell Development Co. is developing Stadium Square, a project situated on 3.81 acres at the intersection of Highway 120 and Airport Way in Manteca, CA. Shop spaces are available along with pad sites. Area demographics include a population of 107,693 within seven miles earning $58,805 as the median household income. The company is also developing Val Vista Marketplace, a 140,065 sq.ft. project situated on 16.58 acres at the intersection of Val Vista Drive and Riggs Road in Gilbert, AZ. Shop spaces are available along with pad sites. Area demographics include a population of 97,076 within five miles earning $85,744 as the median household income. The center is slated to open during 2012. The company is also developing a mixed-use project situated on 68 acres at the intersection of Highway 290 and Decker Lane in Austin, TX. Shop spaces are available along with pad sites. Area demographics include a population of 117,523 within 10 miles earning $48,594 as the median household income. The company is also developing Parmer Commons, a 200,000 sq.ft. mixed-use project situated on 39 acres at the intersection of Parmer Lane and Harris Branch Parkway in Austin, TX. Shop spaces are available along with pad sites. Area demographics include a population of 103,052 within five miles earning $62,873 as the median household income. For more information regarding the Manteca and Austin properties, contact Don Glatthorn or Mike Seiber, Kitchell Development Co., 703 Palomar Airport Road, Suite 320, Carlsbad, CA 92011; 760-476-5461/5467, Fax 760-476-0694; Emails: dglatthorn@kitchell.com and mseiber@kitchell.com; Web site: www.kitchell.com. For more information regarding the Gilbert property, contact Chad Schubert or Jeff Allen; 1707 East Highland Avenue, Suite 100, Phoenix, AZ 85016; 602-264-4411, Fax 602-264-6133; 602-6316119/6113; Emails: cschubert@kitchell.com and jallen@kitchell.com.

Thalhimer Commercial Real Estate is preleasing the second phase of Town Center Market Place, a mixed-use center located at the intersection of Independence Boulevard and Virginia Beach Boulevard in Virginia Beach, VA. Cotenants include OfficeMax, Subway and AT&T Mobility. Area retail includes T-Mobile, The Vitamin Shoppe, Bank of America, Fuddrucker’s, Starbucks, Wachovia Bank and Ethan Allen. Area demographics include a population of 281,183 within five miles earning $68,593 as the average household income. The average daily traffic count is 134,000 vehicles. The second phase is slated to open during the first quarter of next year. For more information, contact Troy Parker, Thalhimer Commercial Real Estate, Westmoreland Building, 5700 Cleveland Street, Suite 400, Virginia Beach, VA 23462; 757-457-9998; Email: troy.parker@thalhimer.com.

RAS Brokerage, Inc. is preleasing a project located along Virginia Drive in Ft. Washington, PA. Small shop spaces and pad sites are available. Area demographics include a population of 222,870 within five miles earning $90,909 as the average household income. Area retail includes LA Fitness, Wachovia Bank and Starbucks. For more information, contact Matt Mandel or David Orkin, RAS Brokerage, Inc., 633 West Germantown Pike, Suite 203, Plymouth Meeting, PA 19462; 215-322-8070, Fax 215-322-8460; Emails: mattmandel@famecoretail.com and orkin@rasbrokerage.com.

Town Point Development is developing Woodlands Perryville, a mixed-use project located at the intersection of U.S. Route 40 and MD Route 7 in Perryville, MD. Area retail includes Food Lion, Walgreens, Dunkin’ Donuts and 7-Eleven. Area demographics include a population of 4,000 within three miles earning $43,900 as the average household income. The average daily traffic count is 287,000 vehicles. For more information, contact Molly Green, Town Point Development, PO Box 249, Chesapeake City, MD 21915; 410-630-6993; Email: molly@townpointdevelopment.com; Web site: www.woodlandsperryville.com.

page 4

December 10, 2010

The

Faison is preleasing the second phase of Brandywine Crossing, a 650,000 sq.ft. regional power center situated on 87.5 acres at the intersection of U.S. Highway 301/MD Route 5 and Chadds Ford Drive/ Matapeake Drive in Brandywine, MD. Shop space is available along with outlots. Costco, Target, Safeway, Jo-Ann Fabrics, Marshalls and Bow Tie Cinemas anchor the center. Area demographics include a population of 118,940 within seven miles earning $84,475 as the median household income. The average daily traffic count is 90,000 vehicles. The second phase is slated to open between fall 2011 and spring 2012. For more information, contact Drew Gorman, Erik L. Ylitalo, Cathy Hess, Faison, 7920 Norfolk Avenue, Suite 800, Bethesda, MD 20814; 240-4970523/0524/0521, Fax 301-986-1123; Emails: drew.gorman@faison.com, erik.ylitalo@faison.com and cathy.hess@faison.com; Web site: www.faison.com.

Dealmakers

www.dealmakers.net

Abdo Development, with The Bozzuto Group and Pritzker Realty Group, is developing a mixed-use project in phases along five blocks in the Brookland area of Washington, DC. The project will include an 83,000 sq.ft. retail component, a 720-unit multifamily component, a 15,000 sq.ft. studio space and a community arts center. For more information, contact Abdo Development, 1404 14th Street Northwest, Second Floor, Washington, DC 20005; 202265-9393, Fax 202-265-7072; Web site: www.abdo.com. (continued on page twenty-eight)

President/Publisher.............................. Ann O'Neal ann@dealmakers.net Vice President .................................. Alyson Parker alyson@dealmakers.net Art Director................................. Anthony Pingicer anthony@dealmakers.net Editor.................................................. Erin Dunkley erin@dealmakers.net Editor............................................... Adam Taliercio adamt@dealmakers.net Customer Service....................... Bridget Thoresen custserv@dealmakers.net Founder..................................................... Ted Kraus 1979–2007

The Dealmakers (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 $294 per year U.S., foreign $319 by TKO Real Estate Advisory Group Inc. PO Box 2630 Mercerville, NJ 08690-0630. TM

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 Dealmakers TM 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 086900630. Periodical postage paid at Trenton, NJ and at additional mailing offices. Affiliated with Tenant Search, E.S.P., E-Blast Copyright 2010 by TKO Real Estate Advisory Group Inc. 609-587-6200, fax 609-587-3511.


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Observations & Conversations

No deal is ever easy – never was, even back in the good ol’ days. Happy holidays! This issue is being distributed at the ICSC’s New York convention. The show is expected to draw close to 6,000 attendees. It may be called the New York show, but this is a national convention with folks coming in from all corners of the country. About 25% of the attendees are historically from New York, and about 30% come from Connecticut, Massachusetts, New Jersey and Pennsylvania. That means about 2,500 folks are making a long trek to get to the show. I’m sure most of them aren’t coming just to see the tree at Rockefeller Center or to take in a Broadway show; they’re coming to make deals and money. Since I’m on the planning committee for this show, admittedly I am biased, but objectively it is one of the best events the ICSC sponsors. In my opinion, the best part of the show is the number of retailers and tenant reps that actually show up; there were 800 retailers and tenant reps signed up to attend a month before the show even opened. That’s impressive. My other reasons for liking this show are purely selfish: mainly the fact that I don’t have to get on a plane is a major relief, and second, it is a magical city to shop, dine and just soak up the sights. One of my favorite vantage points to take in a quick scene of the city is from the Salon de Ning on the rooftop of the Peninsula hotel. It’s a five-minute walk from the Hilton and well worth the adventure. While on the topic of adventures: Wow, the past few years have been a crazy roller-coaster ride for most of us in the retail and retail real estate business. The fat and excess quickly melted away and it has been a painful test of endurance. The only advantage of getting older is that with experience you realize that change and chaos are inevitable. When your perfect world changes, you have a choice to either wake up to make the best of the day or wallow and wait for things to go back to the way they were. Good luck if you decide to wait, but it takes balls and courage to meet change head-on, and unfortunately that combo is found in only a sliver of humanity. We have to come to terms with the idea that things aren’t going back to the way they were in our business for at least another year or so (if ever), but that doesn’t mean there are no deals to be done and no money to be made right now. You can make whatever excuses you want as to why you aren’t making deals and wait for a full-blown economic recovery with levels of prosperity seen back in 2005, but in the meantime there are plenty of people in our business who are more than willing to make cold calls, pitch a site over and over again and work twice as hard to make the deal. No deal is ever easy – never was, even back in the good ol’ days.

Pyramid Brokerage, R.J. Brunelli, RD Management, Royal Properties, Schuckman Realty, 10 Spot, Vanguard, Welco and Winick in our archives over the past two decades and to look at their ads in this issue. It is especially heartwarming to realize that they’ve been advertising with us through the best and worst of times. I’ve known the principals of most of these companies for more than 20 years. Based on knowing the principals and the teams around them, I think part of the reason that these companies continue to thrive and grow no matter the state of the economy is because they’ve maintained an entrepreneurial spirit and look at change as an avenue to create new opportunities. They don’t give up when it gets stormy; they just readjust to a new velocity of headwind. They set a good example of longevity for all of us. When you look back at retail chains over the past 20 years, they come and go. Especially category-killers and archaic business models: Best Buy annihilated Circuit City, Bed Bath & Beyond booted out Linens n Things, Toys “R” Us pushed KB Toys off the playground and buybuy Baby is the new kid nipping at everybody’s heels in the children’s business. Technology has knocked the crap out of video, music and catalog stores, Levitz Furniture is no more and there’s a derivative of Ashley Furniture popping up coast-to-coast; it’s all just evolution, and a changing of the guard is to be expected. Today there are only about two-dozen companies that operate fashion-oriented department stores in the U.S., and less than half of those companies operate stores in almost every state. During the past decade, regional and local department stores have become extinct. Two chains that I see making a move that will impact fashion department stores are Forever 21’s megastores and H&M – they are the new large-format fashion contenders. The point of my rambling is that I no longer freak out when I hear such-and-such retailer is going out of business, or even when it’s a whole slew of them biting the dust. There’s always a new rock star waiting in the wings to take to the stage when the old one gets too worn-out or boring from playing the same old songs. Benjamin Franklin had a good line to keep in mind the next time you’re worrying about things not being the same as they were five years ago: “When you’re finished changing, you’re finished.” I’m getting off my soapbox now. Stop by our booth at #153 in the Rhinelander Gallery at the New York show, so I can personally wish you happy holidays. Another great thing about this show is that I have a chance to catch up with old friends that I haven’t seen since Vegas or last year’s convention in New York. If I happen to miss you at the show, here’s a very happy holiday and prosperous new year to you!

Speaking of the good ol’ days, I pulled out some back issues of The Dealmakers from the 1990s – yep, these magazines hold up even after 20 years. It was startling to see ads for ARC, DLC, The Feil Organization, The Goldstein Group, Kin Properties, Legend, Mall Properties, New England Retail Properties, Northwest Atlantic, page 6

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The

Dealmakers

Ann O’Neal, Publisher

www.dealmakers.net


t-mobile usa, inc.

Profile — A monthly column featuring

Corporate-owned and dealer store expansion set to explode

retailers and retail real estate companies

Adam Taliercio T-Mobile USA, Inc. is a wireless provider servicing 33.8 million mobile customers nationwide, and its retail presence is growing alongside its network. In the third quarter of this year alone, the company added 137,000 contract customers while expanding its 4G network, which is now present within 75 major metropolitan markets nationwide – with plans to increase that number to 100 by year’s end. On the brick-andmortar side of the business, the company hopes to add as many as 1,000 new stores nationwide during the coming several years. John Clelland, vice president of channel development, said that the downturn has raised challenges for T-Mobile just as it has for every retailer, but the company fared well during its second and third quarters this fiscal year and is still ready for growth. “The recession has made the customer more value-focused, but in comparison to most other retail, our product is now considered an essential, and the market potential generally continues to increase,” he said. Finding quality sites for the brand, however, can prove challenging. “While it may seem that there would be more opportunity, the reality is that retailers keep their quality sites and vacate the less desirable locations. We continue to focus on great real estate and national cotenancy, always going with the right site for our target customer.” T-Mobile prefers endcaps or outlots of 1,400 sq.ft. and 1,800 sq.ft. in or near regional, super-regional and big box-anchored shopping centers and malls, or in dense central business and shopping districts. Typical leases run five years with options, and a vanilla shell with accommodation for electrical is required. Preferred demographics include a trade-area population of 75,000, and the company prefers sites with an average daily traffic count between 25,000 and 50,000 vehicles. The company ideally locates near national cotenants, but is driven more by its current and potential customer base when considering locations, Clelland said. In addition to corporate-owned locations, several of T-Mobile’s planned 1,000 new locations will be dealer stores – independently-owned and operated T-Mobile retailers – and the company aims to make the experience at a dealer store identical to that of a corporate-owned location. Lesley Hawks, senior manager of partner acquisition, cited Starbucks, which maintains a large percentage of licensed stores that are indistinguishable from their corporate-owned counterparts, as an example of what the company is working toward. “It’s a major revolution in wireless,” she said, “because there’s always been two kinds of stores, and I think the real estate community has been very sensitive to that: That dealer stores haven’t been as stable as tenants, and there’s been a lack of consistency in customer service. We want the dealer channel to be the same experience for customers, and for brokers as well.” The company also recently established its T-Mobile Premium Retailer program, which is designed to recruit experienced retailers with the capacity to operate a large number of dealer stores. The ultimate goal for the program, Hawks said, is to have 150 partners nationwide, each operating 100 locations. The response so far has been substantial: “We’ve had people come in from other categories: some restaurant owners, multi-unit franchisees from the restaurant and hotel industries who are looking for diversification. Wireless, unlike some categories, is growing and has great potential, and part of the reason we’re active in the real estate community is to get the word out about this program.” The company’s retail stores offer a variety of cellular phones and other wireless products across multiple manufacturers, along with accessories page 8

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The

Dealmakers

such as car chargers and batteries. The company also offers netbooks and data sticks, both of which have seen an increase in sales of late, along with smartphones (phones with functionality beyond voice communication, such as email and Internet access, or the ability to store and play video). Stores also offer a bill-pay function, which customers can use to pay their wireless bills online from a retail location. One of the most important functions of retail T-Mobile locations, however, is customer service, Hawkes said, adding that the company has received the highest ranking in nine of the last 11 customer care performance studies conducted by J.D. Power and Associates. “Cell phones these days are like mini-computers, and people getting educated on how to maximize their experience with smartphones is an ongoing process,” she said. “We provide a lot of education in our stores on how to get the maximum amount of capability out of these products. A lot of the people coming to our stores might not be coming for a purchase; they’re coming for customer service, with questions about their plans, or for upgrades or renewals. Manufacturers give the same handsets to all the major carriers; the difference is how conveniently your store is located for the customer, and what kind of experience the customer has. I think all the wireless companies have been trying to provide better service and a better customer experience, and we’ve come out on top in that regard, year after year.” T-Mobile maintains an extensive online store in addition to its retail locations, but Clelland said that the brick-and-mortar store is a key element to consumer satisfaction due to the ability to work with a sales associate while making their purchase. “You simply can’t get the same experience shopping online,” he said. “Most customers want a hands-on experience with our product.” He added that customers typically begin shopping for a new phone months before their existing contract expires, and visiting a retail location allows them to try out new phones before they buy, as well as learn about the plans and services that are best suited to their needs. “Our sales associates do an excellent job of helping to navigate these options while helping customers to get the best value,” he said. Hawks added that the experience of discussing a product with a person who can point out and illustrate how to get the most out of your phone is vital. “A lot of our transactions are 20 to 30 minutes on a new activation, and it requires a dialogue on where they live, where they work, what the coverage is like, and comparing and contrasting the handsets and service plans that are most affordable and effective,” she said. The online store is ideal for customers who are looking for replacement parts or accessories – people who already have their phones and are happy with their plans – but for customers with technical questions, the retail store is the place to be. The wireless provider marketplace is a competitive one, but Clelland said that T-Mobile stands out due to its strong brand recognition and financial performance, as well as superior customer service within its retail locations. “These factors, along with national and regional marketing efforts, help to drive foot traffic to our locations.” On the real estate front, the company is able to quickly handle real estate decisions, from inception and lease agreements to construction and store openings, he added. “Our growth plans still call for many more sites. We are ready to make deals, and have set ourselves up to be reachable and responsive to the real estate community.” Hawks cited the company’s commitment to a presence at ICSC shows and maintaining a dedicated real estate team in-house (continued on page sixty-two) www.dealmakers.net


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arc properties, inc.

Profile — A monthly column featuring retailers and retail real estate companies

Focused on acquisition and joint venture-driven deals

Adam Taliercio ARC Properties, Inc. develops, owns and manages real estate with a focus on the eastern region between the New York, NY and Washington, DC metropolitan areas. The company specializes in retail properties leased primarily to national tenants and build-tosuit properties developed individually for national tenants. Since its inception 25 years ago, the company has developed and acquired over 200 properties with an aggregate value in excess of two billion dollars. Just prior to the recession, the company liquidated ARC Corporate Realty Trust, a private REIT. Two years later, ARC began to actively acquire properties and formed ARC Property Trust, and is now seeing properties trade at more favorable prices and terms. “In this sense, ARC has actually benefited from the recession,” said company president Marc Perel. “Deals now require more capital, but those with capital can make very advantageous buys.” The company believes the corridor between New York City and Washington, DC is the best real estate corridor in the country, with higher demand and more stability than in other areas. Perel said that his company is somewhat different from other REITs in that it is a more focused organization that approaches acquisition in a unique way. “We’re not dealing in volume; we are driven by opportunity,” he said. “Being developers ourselves, we create opportunities by working closely with developers and tenants.” ARC Trust also has a joint-venture development program where the company can lend capital to developers with shovelready projects – those featuring a signed lease from a credit-worthy tenant and local land approvals Marc Perel to start construction. “Part of our President acquisition strategy is to partner with good developers and tenants to be their source of capital and implement their tenant expansion programs.” he added. Gary Baumann, general counsel for the company, said that he has noticed a clear trend within the region toward net-leased, credit tenant properties. “The national pharmacy chains, the well-run grocery chains, these tenants are still aggressively looking to expand and grow their market presence, and we’re seeing a willingness by municipalities to let them in,” he said. Baumann attributed this trend to consumer behavior – people are always going to spend money at the grocery store or the pharmacy – as well as to the state of the financing market. “Banks still want to lend, but they’re looking to lend into the most secure developments,” he added. The company has several developments in the works at the moment, including a project in Bedminster, NJ that consists of a 50,000 sq.ft. supermarket, a 15,000 sq. ft. pharmacy and a bank, all bound to net leases. The company also has a project consisting of a 65,000 sq.ft. planned supermarket with a 15,000 sq.ft. pharmacy and a fast-food tenant in the works in Bethlehem, PA. Both projects are slated for completion by early 2013. ARC is also developing six Walgreens locations, two of which are slated to break ground before the year’s end. page 10

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Dealmakers

As part of its joint venture program, the company is currently working on projects throughout the region, including several developments in Delaware and Bucks County, PA. The company’s recent deals have been with retailers that have performed strongly throughout the recession, such as discount retailers like Walmart, which Perel said have gotten more aggressive in opening stores of late as entry into previously closed markets has become easier. “Certain municipalities would never have considered some of these retailers, but are now welcoming them for creating jobs and supporting property taxes.” Occupancy rates at the company’s existing projects are nearly at 100%, Perel said, due to ARC’s focus on well-positioned, net-leased retail that is easily filled in the event of a lost tenant. For example, the company was able to re-tenant two Circuit City spaces within three to six months of the retailer’s departure. “What it takes to maintain high occupancy is great real estate,” Baumann said. As a result, the company’s business plan has not changed much in recent years,” he added. ARC strives to maintain a diversified portfolio through varied tenants, lease terms and mortgage terms. When considering a property for acquisition, the first factor the company considers is the land itself. “If we don’t like the real estate, the quality of the tenant or the tenant’s credit can’t save the day for us. We care about things like left turns in and out onto the roadways, or whether the property is at a signalized intersection,” Baumann said. The tenant is the next consideration: What their credit rating is and where the store in question fits into their regional business in terms Gary Baumann of performance are both critical General Counsel factors. The company also considers the lease on the property – its terms, restrictions, length and other conditions, and what would be required to re-tenant the property should it become necessary. ARC has observed Cap rates dropping substantially over the past six to eight months, Perel said. Deals featuring well-positioned properties with good-credit tenants bound to long-term leases are in demand. “However,” he added, “by focusing on our developer/ tenant programs, we actually manufacture net leases, where we can generate better returns.” When asked about the future of the New York to DC corridor, Baumann said, “New York City is the financial capital of the world and Washington, DC is the political capital of the world, giving the corridor between them some of the most reliable real estate in the U.S. We expect to see steady growth and stable values continue in the future.” For more information, contact Marc Perel or Gary Baumann, ARC Properties, Inc., 1401 Broad Street, Clifton, NJ 07013; 973-2491000, Fax 973-249-1001; Emails: mperel@arcproperties.com and gbaumann@arcproperties.com; Web site: www.arcproperties.com. www.dealmakers.net


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SF 00 D 7,5 PA

1,500 SF TO 27,400 SF AVAILABLE • 356,000 SF shopping center situated in the heart of Philadelphia’s prime retail market area • High visible location one block west of Roosevelt Boulevard (US Route1), one of Philadelphia’s main arteries • One & Olney Square offers one-stop shopping with a diverse range of popular retail tenants • Serves a densely populated market area with nearly 825,000 consumers within a 5-mile radius

Owner/Manager Seven Penn Plaza, NY 10001 | feilorg.com Randy Briskin | rbriskin@feilorg.com 212 563 6557 x218 Nothing Beats 50 Years of Stability.

New Booth Location! Visit us at 136 Rhinelander Gallery at the ICSC NY National Conference.


Buyers and Sellers Fortune International Realty is selling a Home Depot located in Jacksonville, FL. The tenant is bound to a NNN lease featuring 10, five-year options and a 5% rent escalation in September 2012 and at each option. The company is also selling a Visionworks located in New Port Richey, FL. The tenant is bound to a NNN lease. The asking price is $1.5 million with a Cap rate of 10.8%. The company is also selling a Chase Bank located in Miami Beach, FL. The tenant is bound to a NNN lease featuring 10% rent escalations every five years. The asking price is $995,000 with a Cap rate of 4.52%. The company is also selling a Starbucks located in McDonough, GA. The tenant is bound to a NNN lease featuring 10% rent escalations every five years. The asking price is $1.031 million with a Cap rate of 8.5%. The company is also selling a Walgreens located in Tampa, FL. The tenant is bound to a 25-year NNN lease featuring 50, one-year options. The asking price is $6.746 million with a Cap rate of 7.1%. The company is also selling a Blockbuster Video located in Margate, FL. The tenant is bound to a NNN lease featuring 10% rent escalations every five years. The asking price is $1.085 million with a Cap rate of 9%. The company is also selling a Family Dollar located in Orlando, FL. The tenant is bound to a modified NNN lease featuring 10% rent escalations every five years and five, four-year options. The asking price is $2.236 million with a Cap rate of 8.5%. The company is also selling a Benihana located in Coral Springs, FL. The tenant is bound to a NNN lease featuring three, five-year options and 10% rent escalations every five years. The asking price is $3.25 million with a Cap rate of 8%. The company is also selling a CVS located in Ft. Lauderdale, FL. The tenant is bound to a NNN lease set to expire during 2025 featuring four, five-year options and 10% rent escalations every five years. The asking price is $5.425 million with a Cap rate of 7%. For more information, contact Fortune International Realty; 1390 Brickell Avenue, Suite 104, Miami, FL 33131; Email: commercial@fir.com; Web site: www.fir.com. Calkain Cos. is selling a 2,020 sq.ft. Firehouse Subs situated on a land area of 25,945 sq.ft. along Park Boulevard in Pinellas Park, FL. The tenant is bound to a 10-year NNN lease featuring four, five-year options and 2% annual rent escalations. The NOI is $60,600. The asking price is $835,862 with a Cap rate of 7.25%. For more information, contact Teal Henderson, Calkain Cos.; 813-282-6000; Email: thenderson@calkain.com; Web site: www.calkain.com. page 12

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The Shopping Center Group is selling a 7,173 sq.ft. retail property located along Peachtree Road in Atlanta, GA. Area retail includes Lenox Square Mall and Phipps Plaza. The asking price is $2.1 million. The company is also selling The Forum Shops, a 17,916 sq.ft. center located along Osbourne Way in Georgetown, KY. Area draws include Georgetown College. Area demographics include a population of 54,315 within 10 miles earning $70,744 as the average household income. The average daily traffic count is 24,900 vehicles. The asking price is $2.8 million. For more information regarding the Atlanta property, contact Neal Pringle or Mark Cooley, The Shopping Center Group, 300 Galleria Parkway, 12th Floor, Atlanta, GA 30339; 770-955-2434, Fax 770-9510054. For more information regarding the Georgetown property, contact Neal Pringle or Kevin Schreiber; 502-753-0080. ABC Fine Wine & Spirits is selling a 5,627 sq.ft. building situated on 1.22 acres at the intersection of State Road 60 and Polk Avenue in Lake Wales, FL. Area demographics include a population of 25,861 within five miles earning $52,209 as the average household income. The average daily traffic count is 19,900 vehicles. The asking price is $349,000. The company is also selling a 5,200 sq.ft. building situated on 0.43 acres at the intersection of Kings Street and South Varr Avenue in Cocoa, FL. Area demographics include a population of 84,823 within five miles earning $57,168 as the average household income. The average daily traffic count is 23,500 vehicles. The asking price is $575,000. For more information, contact Chris Quarles, ABC Fine Wine and Spirits, PO Box 593688, Orlando, FL 32859; 407-851-0000 Ext. 2514; Email: chrisq@abcfws.com; Web site: www.abcfws.com. The Goldstein Group is selling a nine-acre parcel located at the intersection of Easton Avenue and Cedar Grove Lane in Somerset, NJ. Area demographics include a population of 211,083 within five miles earning $90,483 as the average household income. The company is also selling a 6,000 sq.ft. Payless ShoeSource located along Ferry Street in Newark, NJ. For more information regarding the Somerset property, contact CJ Huter, The Goldstein Group, 45 Eisenhower Drive, Paramus, NJ 07652; 201-703-9700 Ext. 18, Fax 201-7039678; Email: cjhuter@thegoldsteingroup.com; Web site: www.thegoldsteingroup.com. For more information regarding the Newark property, contact Joseph DeFeo; Email: jdefeo@thegoldsteingroup.com. Dealmakers

www.dealmakers.net

NAI Friedland is selling a multi-level retail building featuring a 15,000 sq.ft. groundfloor space, a 12,000 sq.ft. lower-level space, a 12,000 sq.ft. second-floor space and a 4,000 sq.ft. third-floor space located along East Fordham Road in Bronx, NY. Area retail includes XIOS, Cee & Cee Department Store, Duane Reade, T-Mobile, V.I.M., KFC, GNC, Dunkin’ Donuts, Payless ShoeSource, Dickey’s Barbecue Pit, AT&T Mobility, McDonald’s, Checkers and GameStop. For more information, contact Rick Stassa, NAI Friedland, 767 Third Avenue, New York, NY 10017; 718-231-5700; Email: rickstassa@friedlandrealty.com. ROCK Commercial Real Estate, LLC is selling a 9,945 sq.ft. Pier 1 Imports located along Rodney Road in York, PA. Area demographics include a population of 134,641 within five miles earning $61,933 as the average household income. The company is also selling a 1.2-acre parcel with approvals for a 3,600 sq.ft. building with a drive-thru located along Mt. Rose Avenue in York, PA. Area retail includes Metro Bank, Salvation Army and Kmart. Area demographics include a population of 144,215 within five miles earning $63,522 as the average household income. The average daily traffic count is 20,346 vehicles. The asking price is $725,000. For more information regarding the Rodney Road property, contact Ryan A. Myers, ROCK Commercial Real Estate, LLC, 221 West Philadelphia Street, Suite 19, York, PA 17401-2992; 717-854-5357, Fax 717-8545367; Web site: www.rockrealestate.net. For more information regarding the Mt. Rose Avenue property, contact Larry O’Brien. Island Associates Real Estate, Inc. negotiated the sale of two Walgreens properties in FL. The deal included a 14,560 sq.ft. store situated on 1.87 acres at the intersection of Lockwood Ridge Road and 17th Street in Sarasota bound to a lease set to expire during June 2034 with options, and a 14,820 sq.ft. location situated on 2.09 acres at the intersection of U.S. Highway 1 and Beville Road in Daytona, bound to a lease set to expire during June 2033 with options. The Sarasota property was acquired for $5.4 million with a Cap rate of 7.7%, and the Daytona property was acquired for $6.186 million with a Cap rate of 7.75%. The company represented the buyer in the transactions. For more information, contact Island Associates Real Estate, Inc., 444 Route 111, Suite 1, Smithtown, NY 11787; 631982-2100, Fax 631-982-2101; Web site: www.islandassociates.com. (continued on page fourteen)


Find out why T-Mobile could be a great call for your site. The wireless industry is growing rapidly and T-Mobile’s real estate needs are growing just as fast. We’re ready to talk.

T-Mobile is growing rapidly across all channels and our aggressive growth plan needs real estate. If you’re a developer or broker, we want to talk to you. With a single point of contact for all T-Mobile store formats and cell sites, it has never been easier to talk real estate with us.

Call 877-867-1662 or visit t-mobilerealestate.com to submit your site for consideration.

© 2010 T-Mobile USA, Inc


Buyers and Sellers (continued from page twelve)

CB Richard Ellis is selling a 5.54-acre parcel located at the intersection of 67th Avenue and McDowell Road in Phoenix, AZ. Area retail includes Lowe’s Home Improvement, Home Depot, Walmart and Desert Sky Mall, featuring Target, Dillard’s, Sears, Mervyns, Burlington Coat Factory and La Curacao. Area demographics include a population of 156,900 within three miles earning $37,977 as the median household income. The average daily traffic count is 60,000 vehicles. The asking price is $2.2 million. The company is also selling an 11.29-acre parcel located at the intersection of Civic Center Drive and Gilbert Town Square Avenue in Gilbert, AZ. Area retail includes Hollywood Theatres and Lowe’s Home Improvement. Area demographics include a population of 156,744 within three miles earning $76,328 as the median household income. The asking price is $3.5 million. The company is also selling parcels of 3.797 acres and 6.423 acres located near the intersection of Route 94/ Campo Road and Jamacha Road in Rancho San Diego, CA. Area retail includes Target, Edwards Theatres, Kohl’s and Ralph’s. Area demographics include a population of 67,058 within three miles earning $70,102 as the median household income. The average daily traffic count is 48,200 vehicles. The asking price is $2.2 million for the 3.797acre parcel and $1.9 million for the 6.423acre parcel. For more information regarding the Phoenix and Gilbert properties, contact Rick Murphy, CB Richard Ellis, 2415 East Camelback Road, First Floor, Phoenix, AZ 85016; 877-845-3443; Web site: www.cbre.com/portfolioservices. For more information regarding the Rancho San Diego property, contact Donna Kolius, Pierce Owens, Cody Persyn or Jeremy Richmond, 2800 Post Oak Boulevard, Suite 2300, Houston, TX 77056. Equity is selling Lennox Station, a 12,124 sq.ft. center located between State Route 315 and Olentangy River Road in Columbus, OH. The center is 100% leased with tenants including The Vitamin Shoppe, FedEx/Office, Mattress Firm, A to Z Wireless and TanPro. Area retail includes Lennox Town Center, featuring Target, AMC Theatres, Barnes & Noble, Staples and Old Navy. The NOI is $312,498. The asking price is $3.782 million with a Cap rate of 8.26%. For more information, contact Patrick Wathen, Equity, 445 Hutchinson Avenue, Suite 800, Columbus, OH 43235; 614-310-2173, Fax 614-802-2901; Email: pwathen@equity.net; Web site: www.equity.net. page 14

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Massey Knakal Realty Services negotiated the $4.24 million sale of a development site located along West 23rd Street between 10th Avenue and 11th Avenue in the Chelsea area of Manhattan, NY. The company also negotiated the $2.438 million sale of a mixed-use building located along East 81st Street between First Avenue and Second Avenue in New York, NY. The company also negotiated the $745,000 sale of a retail building located along 161st Street between Jamaica Avenue and 60th Avenue in Jamaica, NY. The company is also selling a commercial building located along Eastern Parkway in the Prospect Heights area of Brooklyn, NY. The asking price is $1.35 million. For more information, contact Massey Knakal Realty Services, 275 Madison Avenue, 3rd Floor, New York, NY 10016; 212-696-2500 Ext. 7793, Fax 212-696-0333; Email: skrause@masseyknakal.com; Web site: www.masseyknakal.com. NAI Emory Hill is selling a pad site located along East Pulaski Highway in Elkton, MD. Area retail includes Walgreens, AutoZone, Pizza Hut, Ruby Tuesday, KFC and Big Elk Mall, featuring Acme, Kmart, Peebles, Fashion Bug and Hallmark. Area demographics include a population of 53,924 within five miles earning $74,411 as the average household income. The average daily traffic count is 30,000 vehicles. The company is also selling a 30,000 sq.ft., two-story building situated on 5.46 acres along South DuPont Highway in New Castle, DE. Area demographics include a population of 133,631 within five miles earning $64,596 as the average household income. For more information regarding the Elkton property, contact Paul Bryant, NAI Emory Hill; 302-322-9500, Fax 302-322-9518; Email: paulbryant@emoryhill.com; Web site: www.emoryhill.com. For more information regarding the New Castle property, contact Jim O’Hara or Tripp Way; Emails: jimohara@emoryhill.com and trippway@emoryhill.com. Gene Snyder & Co., on behalf of clients, is looking to acquire malls and outlet, power and strip centers throughout Broward, Miami-Dade and Palm Beach counties in FL. Suitable properties feature GLAs between 20,000 sq.ft. and 500,000 sq.ft., are priced between $3 million and $20 million and feature value-add potential. 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, Fax 305-895-8169; Email: gsco@bellsouth.net. Dealmakers

www.dealmakers.net

Newmark Knight Frank|Cornish & Carey Commercial is selling Creekview Shops, a strip center located in New Braunfels, TX. The center is 100% leased with tenants including Verizon Wireless, AT&T Mobility, Subway and Mattress Firm. Area retail includes Target, Best Buy, JCPenney, Ross Dress for Less, Dick’s Sporting Goods and PetSmart. The asking price is $7.535 million with a Cap rate of 8.5%. The company is also, on behalf of a client, looking to acquire bank ground leases in metropolitan markets nationwide. Suitable properties feature tenants bound to leases with at least 17 years remaining on the lease term and are priced between $1.5 million and $4 million with Cap rates above 6%. The company is also selling a retail building located in Missoula, MT. The property is tenanted by Staples and Hastings Entertainment, both of which are bound to long-term NNN leases. The asking price is $9.013 million with a Cap rate of 8%. For more information regarding Creekview Shops or the Missoula property, contact Michael Maffia or Putnam Daily, Newmark Knight Frank|Cornish & Carey Commercial, One Bush Street, Suite 400, San Francisco, CA 94104; 415-4455144/5107; Emails: mmaffia@ccareynkf.com and pdaily@ccareynkf.com. For more information regarding acquisitions, contact Michael Yuras; 916-504-4905, Fax 916-5044697; Email: myuras@ccareynkf.com. R.J. Brunelli & Co., Inc. is selling a 1,200 sq.ft. building situated on 0.44 acres along Stelton Road in Piscataway, NJ. Area retail includes Sign-A-Rama, MAB Paint, Curves, Quick Stop, Piscataway Bagels, Al Dente Italian Restaurant and Stelton Lanes. Area demographics include a population of 292,579 within five miles earning $80,704 as the average household income. The average daily traffic count is 20,000 vehicles. For more information, contact John Lenaz, R.J. Brunelli & Co., Inc., 400 Perrine Road, Suite 405, Old Bridge, NJ 08857; 732-721-5800, Fax 732-721-9241; Email: jlenaz@njretailrealty.com. Crossroads Cos. is selling a 12,000 sq.ft. retail redevelopment site situated on 0.75 acres at the intersection of American Legion Drive and Cedar Lane in Teaneck, NJ. Area retail includes Stop & Shop. Area demographics include a population of 496,051 within five miles earning $79,390 as the average household income. For more information, contact Ken Fioretti, Crossroads Cos., 20 Ridge Road, Suite 210, Mahwah, NJ 07430; 201-252-2890 Ext. 204; Email: crosscomm@optonline.net; Web site: www.crossroads-companies.com. (continued on page twenty-two)


Food Retailers Expand Nationwide Little Caesar’s Enterprises, Inc. operates locations nationwide. The restaurants, offering pizza, sandwiches and salads, occupy spaces of 1,200 sq.ft. to 1,400 sq.ft. in freestanding locations and inline spaces and endcaps of strip centers with a drive-thru. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run five years with options. Preferred cotenants include supermarkets, video stores, pharmacies and dollar stores. Preferred demographics include a population of 25,000 within three miles earning between $50,000 and $100,000 as the median household income. The company is franchising. For more information, contact Mike Atwell, Little Caesar Enterprises, Inc., 2211 Woodward Avenue, Detroit, MI 482013400; 313-471-6300, Fax 313-471-6232; Email: michael.atwell@lcecorp.com; Web site: www.littlecaesars.com. Red Robin International trades as Red Robin at 447 locations nationwide. The restaurants occupy spaces of 5,500 sq.ft. to 5,800 sq.ft. in freestanding locations, malls and lifestyle, power and specialty centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run 15 years for ground leases for freestanding locations, and 10 years for mall and shopping center locations. A land area of 1.5 to two acres is required for freestanding locations. Preferred demographics include a population of 75,000 within five miles earning $70,000 as the average household income. For more information, contact Todd Brighton, Red Robin International, 4613 Mira Del Sol Court, Castle Rock, CO 80104; 303-846-6033, Fax 303-846-6013; Email: tbrighton@redrobin.com; Web site: www.redrobin.com. El Pollo Loco, Inc. trades as El Pollo Loco at 412 locations throughout AZ, CA, CO, CT, GA, IL, MO, NJ, NV, OR, TX, UT and VA. The quick-service Mexican restaurants occupy spaces of 1,800 sq.ft. to 3,200 sq.ft. in freestanding locations and endcaps of shopping centers with a drive-thru. Plans call for 10 openings throughout the western region of the U.S. during the coming 18 months. Typical leases run 20 years with three, five-year options. The company is franchising. For more information, contact Sandy Martin, El Pollo Loco, Inc., 3535 Harbor Boulevard, Suite 100, Costa Mesa, CA 92626; 714-599-5000, Fax 714-599-5536; Email: smartin@elpolloloco.com; Web site: www.elpolloloco.com. page 16

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Papa Gino’s, Inc. trades as Papa Gino’s at 180 locations throughout CT, MA, NH and RI. The Italian quick-service restaurants occupy spaces of 3,000 sq.ft. in freestanding locations and power, specialty and strip centers. Growth opportunities are sought throughout New England during the coming 18 months. Typical leases run 10 years. Specific improvements are required. Preferred cotenants include supermarkets and big box retailers. Preferred demographics include a population of 30,000 within three miles earning $40,000 as the average household income. For more information, contact Michael Rodelle, Papa Gino’s, Inc., 600 Providence Highway, Dedham, MA 02026; 781-467-1792, Fax 781-329-8796; Email: mrodelle@papaginos.com; Web site: www.papaginos.com. Family Buffet, Inc. trades as Family Buffet Restaurant at 11 locations throughout New England. The restaurants occupy spaces of 6,500 sq.ft. to 12,000 sq.ft. in freestanding locations and endcaps of strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Preferred cotenants include Walmart Supercenter. Preferred demographics include a population of 60,000 within five miles. The company also trades as Soho Seafood & Steak House at six locations throughout NH, NY and OH. The restaurants and bars occupy spaces of 6,500 sq.ft. to 9,000 sq.ft. in freestanding locations, urban/downtown areas and endcaps of lifestyle centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. The company prefers to locate near universities. Preferred demographics include a population of 50,000 within three miles. For more information, contact Michelle Siu, Family Buffet, Inc., 19 Gates Street, Concord, NH 03301; 603-568-5608; Email: ctim888@aol.com. Energy Kitchen operates 10 locations throughout the New York, NY metropolitan area. The healthy, fast-casual restaurants occupy spaces of 2,000 sq.ft. to 2,500 sq.ft. Growth opportunities are sought throughout CT; FL; Boston, MA; MD; NJ; NY; Philadelphia, PA; VA and Washington, DC during the coming 18 months. For more information regarding real estate development, contact Brooke Auberry, Energy Kitchen, 212-687-4100; Email: bauberry@energykithcen.com; Web site: www.energykitchen.com. For information regarding franchising, contact Steve Gardner, 212-687-4100; Email: sgardner@energykitchen.com. Dealmakers

www.dealmakers.net

Tengda Asian Bistro operates nine locations throughout CT and NY. The restaurants occupy spaces of 1,800 sq.ft. to 6,000 sq.ft. in freestanding locations and lifestyle, power, specialty and strip centers. Plans call for four openings throughout the existing markets during the coming 18 months, with representation by Royal Properties, Inc. Typical leases run 15 years. A vanilla shell and specific improvements are required. For more information, contact Jeff Kintzer, Royal Properties, Inc., 850 Bronx River Road, Bronxville, NY 10708; 914237-3403, Fax 914-237-0196; Email: jeff@royalpropertiesinc.com; Web site: www.royalpropertiesinc.com. The Melting Pot Restaurants, Inc. trades as The Melting Pot Restaurant at 144 locations nationwide and throughout Canada and Mexico. The full-service restaurants, offering a fondue-based dinner menu, occupy spaces of 4,000 sq.ft. to 6,000 sq.ft. in freestanding locations, regional malls and entertainment, lifestyle, power, specialty and strip centers, as well as urban/downtown areas. Growth opportunities are sought throughout the midwestern, northeastern and western regions of the U.S., as well as internationally, during the coming 18 months. Typical leases run 10 years. Preferred demographics include a population of 300,000 within 10 miles earning above $55,000 as the average household income. The company is franchising. For more information, contact Dan Stone, The Melting Pot Restaurants, Inc., 8810 Twin Lakes Boulevard, Tampa, FL 33614; 813-425-6208, Fax 813-367-0076; Email: dstone@meltingpot.com; Web site: www.meltingpot.com. ABP Corp. trades as Au Bon Pain at 230 locations throughout the eastern, midstates and southern regions of the U.S., as well as internationally. The restaurants, offering sandwiches, soups and salads, occupy spaces of 2,500 sq.ft. to 3,000 sq.ft. in airports, office complexes, universities, hospitals and urban/ downtown areas. Growth opportunities are sought throughout GA, IL, KY, MA, MD, MI, MN, NH, NJ, NY, OH, PA, RI, TN, TX, VA and Washington, DC during the coming 18 months. Typical leases run 10 years with options. The company prefers to locate near office buildings. For more information, contact Corey Andrews, ABP Corp., One Au Bon Pain Way, Boston, MA 02210; 617-423-2100 Ext. 1877, Fax 617-423-7879; Email: corey_andrews@aubonpain.com; Web site: www.aubonpain.com. (continued on page eighteen)


75 years old and still as flexible as ever.

For 75 years, Milbrook Properties has been customizing flexible retail leases to meet tenant needs. At Milbrook Properties, flexibility is key. Our unique ability to successfully adapt to an ever-changing real estate market and structure creative lease terms for our retail tenants has spanned over 75 years. We offer high-quality locations, management expertise, and the financial stability of a fourth-generation, family owned and operated commercial real estate owner.

RETAIL AVAILABILITES FLORIDA Coral Springs Court | Coral Springs Stonegate Bank, Huntington Learning 600 SF – 3000 SF Flamingo Market Place | Pembroke Pines Bravo, 21st Century Oncology, Deli Den 1200 SF – 9400 SF

FMS Corners | Pembroke Pines Quiznos, Hear X, Asian Buffet 1985 SF – 5070 SF Hollywood Palms | Hollywood Publix, Walgreens, Dade Medical 1340 SF – 1550 SF Shoppes at Margate | Margate Super Food Store, Florist 1500 SF – 13,700 SF Shoppes at Pembroke | Pembroke Pines Michaels, Weight Watchers 1300 SF – 3840 SF NEW JERSEY Aviation Marketplace | Linden Target, Home Depot, ShopRite, AMC Theatres Edison Plaza | Edison ShopRite, Party Fair, Capital One Bank 750 SF – 4400 SF Princeton Meadows | Plainsboro Asian Food Market, Subway 4000 SF Royal Plaza | East Windsor City Streets Café, Citi Financial, Allstate 960 SF – 2000 SF

NEW YORK Adams Commerce Plaza | Hauppauge Dunkin’ Donuts, Pomodorino, Blimpie 1156 SF – 2695 SF

Huntington Crossroads | Huntington Station H&R Block, Domino’s Pizza, Subway 1370 SF – 3360 SF Kenmor Plaza | Seaford Blockbuster, Flynn & O’Hara Uniforms

Baldwin Square | Baldwin Best Buy, Huntington Learning Center, Applebee’s 1120 SF

Lake Shore Plaza | Lake Ronkonkoma Waldbaum’s, Chase Bank, Pet Supplies Plus 1124 SF

Bay Shore Commons | Bayshore Stop & Shop, Rent-A-Center, Blockbuster 1450 SF – 2850 SF

Nanuet Mall South | Nanuet Premier Fitness, Jenny Craig, Quest 1500 SF – 6520 SF

Bethpage Commons | Bethpage DMV, Dunkin’ Donuts, Animal Hospital 3025 SF – 9000 SF

NY Avenue Stores | Huntington Station Aid Auto, Carvel, Pharmacy

Bi-County Commons | East Farmingdale Meat Farms, Retro Fitness, Bethpage Federal Credit Union

Spring Valley Marketplace | Spring Valley Michaels, Bed Bath & Beyond, Christmas Tree Shops 1174 SF – 2000 SF

Bohemia Commons | Bohemia IGA, Lucille Roberts, CVS 800 SF – 2000 SF

Tali Plaza of Nyack | Nyack Riverspace Theater, Subway, H&R Block 1225 SF – 4739 SF

Cherry Valley Corners | West Hempstead Pet Supplies Plus, Mandee, Payless Shoes 4000 SF

Waverly Corners | Holtsville Soccer World, Deli 900 SF NYC | Various opportunities in all boroughs

For more information, please contact: Charles Hirsch chirsch@milbrookproperties.com Tom LiPuma tjlipuma@milbrookproperties.com | Rubin Pikus rpikus@milbrookproperties.com 42 Bayview Avenue | Manhasset, NY 11030 | T 516.869.1240 F 516.869.8576 | www.milbrookproperties.com


Food Retailers Expand Nationwide (continued from page sixteen)

Mascott Corp. trades as Smashburger at six locations throughout northern NJ. The restaurants occupy spaces of 2,200 sq.ft. to 2,500 sq.ft. in freestanding locations and pad sites, endcaps and inline spaces of power centers. Plans call for 15 to 20 openings throughout NJ during 2011, with representation by The Goldstein Group. The company will also consider central business districts. Preferred demographics include a population of 50,000 within three miles earning $60,000 as the average household income. The company is franchising, and prefers to locate near other quick-service or fast-casual restaurants in areas with a high daily traffic count. For more information, contact Florian Suserman or Curtis Nassau, The Goldstein Group, 45 Eisenhower Drive, Paramus, NJ 07652; 201-703-9700 Ext. 23/29, Fax 201-703-9678; Emails: fsuserman@thegoldsteingroup.com and cnassau@thegoldsteingroup.com; Web site: www.thegoldsteingroup.com. California Pizza Kitchen, Inc. trades as California Pizza Kitchen at 235 locations nationwide and internationally. The restaurants occupy spaces of 4,200 sq.ft. to 6,000 sq.ft. in malls and entertainment, mixed-use and specialty centers, in addition to urban/downtown areas. Growth opportunities are sought nationwide during the coming 18 months. Typical leases run 10 years. Preferred cotenants include Barnes & Noble, Nordstrom, Neiman Marcus and Saks. Preferred demographics include a population of 250,000 within five miles earning $70,000 as the median household income. The company prefers site submittals to be sent via e-mail. For more information, contact Steven Rich, California Pizza Kitchen, Inc., Email: sitesubmit@cpk.com; Web site: www.cpk.com. Paisano’s operates six locations throughout northern VA. The restaurants, offering pizza, pasta, subs, stromboli and wings, occupy spaces of 1,200 sq.ft. to 1,600 sq.ft. in inline spaces of shopping centers. Growth opportunities are sought throughout Alexandria, Arlington, Fairfax, Loudoun and Montgomery counties in VA, as well as Washington, DC, during the coming 18 months, with representation by Renaud Consulting. For more information, contact Leonard Pick, Renaud Consulting, 8605 Westwood Center Drive, Suite 309, Vienna, VA 22182; 571-7654424; Email: lpick@renaudconsulting.net; Web site: www.pizzapaisanos.com. page 18

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The

Starbucks operates 16,000 locations nationwide and internationally. The coffee shops occupy spaces of 600 sq.ft. to 1,500 sq.ft. in freestanding locations, urban/ downtown areas and endcaps, inline spaces and pad sites of strip centers. Growth opportunities are sought throughout Brooklyn, Queens and Staten Island, NY during the coming 18 months, with representation by Winick Realty Group. The company prefers to locate in high-traffic areas in downtown business districts, and prefers sites with a drive-thru. The company will also consider sites in train stations and transportation hubs. For more information, contact Diana Boutross, Winick Realty Group, 655 Third Avenue, 8th Floor, New York, NY 10017; 212-792-2608, Fax 212-792-2660; Email: diana@winick.com; Web site: www.winick.com. Padow’s Hams and Deli, Inc. trades as Padow’s Hams and Deli at 10 locations throughout VA. The delis occupy spaces of 1,500 sq.ft. to 2,500 sq.ft. in strip centers. Growth opportunities are sought throughout the existing market, as well as GA, NC and SC, during the coming 18 months. Typical leases run 10 years. Specific improvements are required. Preferred demographics include a population of 350,000 within 10 miles earning $50,000 as the average household income. The company is franchising. For more information, contact Sidney Padow, Padow’s Hams and Deli, Inc., 9864 Broad Street, Glen Allen, VA 23060; 804-965-6262, Fax 804-965-9888; Email: sidney@padows.com; Web site: www.padows.com. Bertucci’s Corp. trades as Bertucci’s at 95 locations throughout CT, DE, MA, MD, NH, NJ, NY, PA, RI, VA and Washington, DC. The Italian restaurants, offering pizza, pasta and salads, occupy spaces of 4,500 sq.ft. to 6,000 sq.ft. in freestanding locations and endcaps of lifestyle and strip centers. Growth opportunities are sought throughout CT, DE, MA, ME, NH, NJ, NY, PA, RI, VA, VT and Washington, DC during the coming 18 months. Preferred demographics include a population of 100,000 within five miles earning $75,000 as the average household income. For more information, contact James Quackenbush, Bertucci’s Corp., 155 Otis Street, North Borough, MA 01754; 508351-2500, Fax 508-393-8046; Email: jquackenbush@bertuccis.com; Web site: www.bertuccis.com. Dealmakers

www.dealmakers.net

Anthony’s Coal Fired Pizza operates 28 locations throughout DE, FL, NJ, NY and PA. The pizzerias occupy spaces of 3,000 sq.ft. to 5,000 sq.ft. in freestanding locations and strip centers. Plans call for 15 openings throughout CT, MD, NJ, NY, PA, VA and Washington, DC during the coming 18 months, with representation by CB Richard Ellis. Typical leases run 10 years. Preferred demographics include a population of at least 20,000 within two miles earning $60,000 as the average household income. For more information, contact Jayson Siano, CB Richard Ellis, 88 Froehlich Farm Boulevard, Woodbury, NY 11797; 516-714-2712, Fax 516-364-6943; Email: jayson.siano@cbre.com; Web site: www.cbre.com. C&B Restaurant Corp. trades as KFC at 10 locations throughout NJ and NY. The fast food restaurants occupy spaces of 2,500 sq.ft. in freestanding locations. Growth opportunities are sought throughout Bergen County, NJ and Rockland County, NY during the coming 18 months. For more information, contact Joseph Cavegn, C&B Restaurant Corp., 14 John Street, Stony Point, NY 10980-1912; 845429-7504, Fax 845-429-7564. Billy Goat Tavern operates eight locations throughout IL and Washington, DC. The restaurants occupy spaces of 1,500 sq.ft. to 3,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the eastern and midwestern regions of the U.S. during the coming 18 months. For more information, contact Sam Sianis, Billy Goat Tavern, 430 North Michigan Avenue, Chicago, IL 60611; 312222-1525, Fax 312-670-9013; Web site: www.billygoattavern.com. Kernels Popcorn, Ltd. trades as Kernels Extraordinary Popcorn at 65 locations throughout Canada. The stores, offering popcorn and gift packages, occupy spaces of 150 sq.ft. to 500 sq.ft. in malls. Growth opportunities are sought throughout Canada and the northeastern region of the U.S. during the coming 18 months. Typical leases run 10 years. Preferred demographics include a population of 100,000 within five miles earning $35,000 as the average household income. The company is franchising. For more information, contact Scott Staiman, Kernels Popcorn, Ltd., 40 Eglinton Avenue East, Suite 250, Toronto, Ontario, Canada M4P 3A2; 416-487-4194, Fax 416-487-3920; Web site: www.kernelspopcorn.com. (continued on page forty-two)


Retail Specialists unique

real

estate

NY, NJ, CT & PA

solutions

• Airmont/Suffern, NY – Route 59

• Poughkeepsie, NY – Route 9 – Ashton Park

• Ardsley, NY – Saw Mill River Rd. – Rite Aid Shopping Center

• Somers, NY – 162 & 164 Mill St. (Route 202) – FOR LEASE/SALE

• Eastchester, NY – Route 22 & Mill Road

• Thornwood, NY – Columbus Ave. – Rosehill Shopping Center

• Elmsford, NY – Saw Mill River Rd.

• Vails Gate, NY – Route 32 – Big V Town Center

• Harriman, NY – Route 17/6 – Woodbury Centre

• Wappingers Falls, NY – Route 9 – 3 Acre Parcel

• Katonah, NY – 18 Woods Bridge Rd. (Route 117)

• Wappingers Falls, NY – Route 9 – Lafayette Plaza

• Kingston, NY – Ulster Avenue (Route 9W)

• Yonkers, NY – Main Street – New Construction at Waterfront

• Mamaroneck, NY – Boston Post Rd. (Route 1) – Seaport Plaza

• Voorhees, NJ – Route 73 & Cooper Rd. – Coopers Plaza

3,000 - 60,000 SF Avail. Shopping Center redevelopment.

1,200 - 14,000 SF & Pad Sites. New Development on Rte. 9. Great Visibility.

1,200 SF Avail. Join Post Office & Chase Bank.

Up to 2,250 SF Avail. Across from Stop & Shop and CVS

1,600 & 2,310 SF Avail. Free Standing Buildings. 22 On-Site Parking Spaces.

2,000 SF Avail. Join A&P, CVS, Verizon, Chase, Radio Shack & Hallmark.

7,000 SF Avail. Restaurant. 50 Car Parking.

1,000 - 8,000 SF & 5,224 Restaurant Avail. Join Shop Rite, K-Mart, Key Bank.

12,000 - 31,000 SF Avail. Join Kohl’s, Modell’s, Michael’s, Staples & Eileen Fisher.

2,560 SF Avail. Free Standing Building with Drive-Thru. Newly Developed.

2 Free Standing Pad Sites with Drive-thru. Up to 15,000 SF Avail.

900 - 6,920 SF end cap Avail. Join Subway & The UPS Store. High Traffic/Visibility.

• Middletown, NY – Route 211 – H&K Furniture Plaza – FOR LEASE/SALE 1,875 & 43,000 SF Avail. Join Aldi, Cosmo Prof & Sherwin-Williams.

• Middletown, NY – Route 211 – Fairgrounds Plaza

1,600 - 150,000 SF & Pad Site Avail. Redevelopment Underway.

• Monroe, NY – Route 17M – Monroe Plaza

1,800 - 50,000 SF Avail. Join Stop & Shop, Radio Shack, Rite Aid & McDonald’s.

• Mt. Vernon, NY – S. 4th St. – FOR SALE

Retail Building Avail. Enormous Pedestrian Traffic. Join Rainbow & Verizon.

• Nanuet, NY – Route 59 – Rockland Center

1,944 - 50,000 SF Avail. Join Pathmark, Office Depot, PetSmart, AC Moore, Five Guys, Chili’s & HomeGoods. High Traffic/Visibility.

Up to 10,000 SF Free Standing Pad Avail. 45,000 Cars per day on Route 9. 1,520 - 10,000 SF Avail. 45K cars per day. Join Dollar General.

2,500 - 12,000 SF Avail. Join Key Bank, Retro Fitness & Verizon FIOS. 1,500 - 6,000 SF Pad Site & up to 10,000 SF Avail. Join Kohl’s, Party City, Marshall’s & Raymour & Flanigan. High Traffic/Visibility.

• Horsham, PA – Blair Mill Rd. – Village Mall

22,000 - 128,000 SF Avail. Join ACME, Dollar Tree & Rite Aid

• Perkasie, PA – Constitution Ave. – Perkasie Shopping Center

1,200 - 10,000 SF Avail. Join Landis Supermarket, Rite Aid & McDonald’s.

• Avon, CT – Nod Brook Mall

600 - 7,000 SF Avail. Join Michael’s, Fresh Markets and Marshall’s.

• Derby, CT – Pershing Drive – ShopRite Plaza

3,800 - 9,600 SF Avail. Join ShopRite, Petland, Pay-Half & Advance Auto Parts.

• Newington, CT – Berlin Tpke. – JoAnn’s Plaza

1,500 SF Avail. Join JoAnn’s, Big Lots, Modell’s, Planet Fitness & T-Mobile.

• Newburgh, NY – Route 300 – Newburgh Towne Center

• Norwalk, CT – Route 1 – ShopRite Plaza

• Pawling, NY – Route 22 – Pawling Park

• Norwalk, CT – 607 Main Ave. (Route 7) – Center Seven

• Peekskill, NY – Route 6 – Main Street Commons

• Norwalk, CT – 652 Main Ave. (Route 7) – Wal-Mart Center

• Pelham, NY – Lincoln Ave. – New Development

• Orange, CT – Firelite Shopping Center – Retail/Office

• Port Chester, NY – Westchester Ave. – Waterfront at Port Chester

• Stamford, CT – Route 1 – Shop Rite Plaza

1,400 SF Avail. Join Super Stop & Shop, Marshall’s, Dress Barn & AT&T.

1,750 - 20,000 Avail. New Shopping Center. Drive-thru possible. 1,000 - 15,000 SF Avail. New Construction. Join Auto Zone. 1,600 SF Avail. Upscale Community. Join Dunkin’ Donuts.

4,700 SF Sublease. Food OK. Join Stop & Shop & Bed Bath & Beyond.

2,500 - 20,000 SF Avail. Join ShopRite, Barnes & Noble, GameStop, GNC & UPS.

1,400 – 4,300 SF Avail. Join Starbucks, Quiznos & Citibank.

3,200 – 7,000 SF Avail. Join Wal-Mart, Staples, Hallmark & Bank of America.

800 - 4,000 SF & 1,500 SF Pad site Avail.

2,000 – 4,000 SF Avail. Join Shop Rite, Dunkin’ Donuts & Subway.

wireless

Representing retailers in select regions...

850 Bronx River Road • Bronxville, NY 10708 • (t) 914-237-3403 • (f) 914-237-0196

www.RoyalPropertiesInc.com


Who’s Opening and Where Wawa, Inc. (610-358-8000) plans to open as many as 20 Wawa convenience stores by the end of next year. Planned openings include two locations in the Richmond, VA area, one at the intersection of Atlee Station Road and U.S. Highway 301 slated to open during late spring, and one along Sliding Hill Road slated to open late next year; both of which are located in Hanover County. The company will also open stores in other areas throughout the state and in DE, FL, MD, NJ and PA. The company recently opened a store along West Broad Street in Henrico County, VA, which was the company’s 20th location in the Richmond area. The chain of convenience stores currently operates 575 locations throughout DE, MD, NJ, PA and VA. Eastern Mountain Sports (603-924-9571) will open a 14,526 sq.ft. store at a 73,023 sq.ft. center located along Route 2/Bald Hill Road in Warwick, RI. The opening will replace an existing, larger location at Garden City Shopping Center, located in Cranston, RI, and will feature outdoor gear and apparel as well as a full-service bicycle shop. The store will join Trader Joe’s, Panera Bread and AT&T Mobility at the center, and is slated to open next spring. Aldi, Inc. (630-879-8100) plans to open a 17,866 sq.ft. Aldi supermarket in a former Hollywood Video at Four Corners, located in Vestal, NY. The store will join Tractor Supply Co., Big Lots, Vestal Wine & Liquor, Cost Cutters and CVS at the center, and is slated to open next year. The opening will be the company’s third in the Binghamton, NY area. The company currently operates 1,100 locations nationwide throughout 31 states. Five Guys Enterprises, LLC (703-339-9500), through franchisee Clearburger, Inc., plans to open a Five Guys Famous Burgers and Fries restaurant at Paradise Plaza, located in DeWitt, NY. The restaurant is slated to open by early February, and the company also plans to open locations next year in Watertown and Horseheads, NY. The chain of quick-serve restaurants currently operates 620 locations nationwide throughout 48 states, including three franchised units operated by Clearburger, Inc. The Sports Authority, Inc. (303-2005050) will open a 43,785 sq.ft. The Sports Authority sporting goods store at Bayshore Town Center, located in Glendale, WI. The store is slated to open next summer and will be the company’s fourth in the Milwaukee, WI area. The company currently operates 460 stores throughout 45 states nationwide. page 20

December 10, 2010

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Huntington Bank (614-480-5676) plans to open 103 bank branches within Giant Eagle supermarkets throughout OH. Planned openings include branches in Sylvania Township and Rossford, both of which are slated to open by next spring. The company plans to open one-fourth of the branches by the end of next year, with the remaining branches to be established over the coming 15 years. The branches will be open seven days a week and will feature extended hours on nights and weekends. Kohl’s Corp. (262-703-7000) plans to open 30 Kohl’s locations nationwide next year, having opened 30 stores this year, as part of a plan to eventually operate 1,500 locations nationwide. The company also plans to remodel as many as 100 existing locations, having remodeled 85 stores during 2010. The company currently operates 1,089 stores nationwide throughout 49 states. Sheetz, Inc. (814-946-3611) plans to open as many as 30 Sheetz convenience stores nationwide during 2011. The company recently opened a 4,800 sq.ft. store with gasoline facilities along East Plank Road in Altoona, PA, and currently operates 365 locations throughout six states nationwide. Miki Shoko Co. (81-72-920-2111) plans to open 20 Miki House children’s apparel stores throughout North America. The company recently entered the U.S. market with a store inside an existing Bloomingdale’s location in New York, NY, and plans to open a store in Seattle, WA by year’s end. Goodwill of Southwestern Pennsylvania (412-481-9005) will open a freestanding 14,000 sq.ft. Goodwill Industries along Freeport Road in Harrison, PA. The store will feature an 8,500 sq.ft. selling space and a 5,500 sq.ft. processing space. The opening will be the company’s second in the area, and the company plans to open six additional locations throughout the Pittsburgh, PA area. Tesco plc (310-384-3833) plans to eventually operate 400 Fresh & Easy Neighborhood Market locations nationwide. The company currently operates 165 grocery stores throughout AZ, CA and NV, and will open as many as two stores a week until it reaches its goal. Linens & More For Less! (330-448-8500) plans to open as many as 50 locations throughout the eastern and southern U.S. during the next several years. The company recently opened its fifth location at Huntington Mall, located in Huntington, WV, during October. Dealmakers

www.dealmakers.net

Dunkin’ Brands, Inc. (781-737-3000), through franchisee The Beekman Group, plans to open eight Dunkin’ Donuts throughout Columbia, MD, with the first location slated to open next year and the remaining stores to follow during the coming six years. The company also plans to open six locations throughout Greenville, MA through the franchisee by 2016. The company currently operates 9,000 locations nationwide and internationally. Francesca’s Collections, Inc. (713-8641358) will open a 1,500 sq.ft. Francesca’s Collections store at The Oaks, located in Thousand Oaks, CA. The store will offer apparel targeting women ages 18 to 32 and is slated to open during the spring. White House|Black Market is also slated to open a 3,200 sq.ft. location at the center during the spring. The retailers will join Blink by Wet Seal, GO! Games & Toys, Papilio, Menchie’s Frozen Yogurt, Sideline Sports, Crocs Footwear, Great Khan’s, Banana Republic and J. Crew at the center. Saladworks, LLC (610-825-3080), through a franchisee, plans to open a Saladworks restaurant in Jenkintown, PA next year. The franchisee currently operates locations in Montgomeryville and Lansdale, PA. The company will also, through another franchisee, open a location in Washington, NJ next year. The opening will be the franchisee’s second unit in the town. The company currently operates 100 franchise locations, offering salads, soups and sandwiches, nationwide throughout 11 states. Focus Brands (404-257-7040), through franchisees, plans to open 16 Schlotzsky’s Deli locations throughout the Kansas City, MO area by 2013. The openings will be part of the company’s rollout of a new store design. The company also plans to expand in FL; Atlanta, GA; St. Louis, MO and Charlotte and Raleigh, NC, and currently operates 350 Schlotzsky’s Deli locations nationwide and internationally, including four throughout the Kansas City area. Nordstrom, Inc. (206-628-2111) will open a 38,000 sq.ft. Nordstrom Rack at Middlesex Commons, located in Burlington, MA. The store will join Old Navy at the center and is slated to open next fall. The opening will be the company’s third in the greater Boston, MA area. The company currently operates 203 locations nationwide throughout 28 states, including 115 Nordstrom stores, 85 Nordstrom Rack locations, two Jeffrey stores and one clearance center. (continued on page twenty-six)


Buyers and Sellers (continued from page fourteen)

Signature Associates negotiated the sale of a 1,200 sq.ft. space located along Monroe Street in Toledo, OH. The company represented the seller in the transaction. The company also negotiated the sale of a 65,218 sq.ft. property located along Sylvania Avenue in Toledo, OH. The company represented the seller, The Skutch Co., in the transaction. The company also negotiated the sale of a 3,999 sq.ft. space located along Van Dyke Avenue in Sterling Heights, MI. The company represented the buyer, J.L.M. First Properties, Ltd., and the seller, Pet-Lind & Associates, in the transaction. For more information regarding the Monroe Street property, contact Craig Herschel or Joe Rutherford, Signature Associates, Four SeaGate, Suite 608, Toledo, OH 43604; 419-249-6325/6323; Emails: cherschel@signatureassociates.com and jrutherford@signatureassociates.com. For more information regarding the Sylvania Avenue property, contact Robert P. Mack or Megan Malczewski; 419-249-6301/6314; Emails: rpmack@signatureassociates.com and mmalczewski@signatureassociates.com. For more information regarding the Sterling Heights property, contact Louis Ciotti; One Towne Square, Suite 1200, Southfield, MI 48076; 248-359-0608; Email: lciotti@signatureassociates.com. Brauvin Real Estate is selling a La Petite Childcare Center located along Homestead Road Northeast in Albuquerque, NM. The tenant is bound to a NNN lease slated to expire during July 2017. The average daily traffic count is 40,000 vehicles. The asking price is $1.65 million with a Cap rate of 8.25%. For more information, contact John Siragusa, Brauvin Real Estate, 205 North Michigan Avenue, Suite 1900, Chicago, IL 60601; 312-759-7687; Email: jsiragusa@brauvin.com. Battery Commercial is selling a two-tenant retail property located along Douglas Boulevard in Roseville, CA. The property is 100% leased with tenants bound to longterm NNN leases featuring annual rent escalations. The average daily traffic count is 100,000 vehicles. The NOI is $320,602. The asking price is $3.562 million with a Cap rate of 9%. For more information, contact Eric Wilcox, Battery Commercial, 50 Francisco Street, Suite 275, San Francisco, CA 94133; 415-963-4700, Fax 415-963-4731; Email: ewilcox@batterycommercial.com; Web site: www.batterycommercial.com. page 22

December 10, 2010

The

Cassidy Turley|BT Commercial is selling an AutoZone located in San Diego, CA. The tenant is bound to a 20-year NNN ground lease featuring rent escalations. The asking price is $1.483 million with a Cap rate of 6%. The company is also selling a CVS situated on two acres in Houston, TX. The tenant is bound to a NNN lease with 15 years remaining on the lease term. The asking price is $3.8 million. The company is also selling a 9,114 sq.ft. Dollar General located in Wrightsville, AR. The asking price is $853,000 with a Cap rate of 8.25%. For more information, contact Robert Sanner or Richard Sanner, Cassidy Turley|BT Commercial, 201 California Street, Suite 800, San Francisco, CA 94111; 415-6770439/0429; Emails: bsanner@ctbt.com and rsanner@ctbt.com; Web site: www.ctbtnnn.com. For additional information regarding the Wrightsville property, contact Frazier Bell; 816-412-0243; Web site: www.cassidyturley.com. Plaza Advisors negotiated the sale of Country Walk Plaza, a 100,229 sq.ft. center located at the intersection of Southwest 152nd Street and Southwest 137th Avenue in Miami, FL. At the time of sale, the center was 96% leased and anchored by Publix and CVS. The company represented the seller in the transaction. For more information, contact Anthony Blanco, Plaza Advisors, 5201 Blue Lagoon Drive, Suite 846, Miami, FL 33126; 305629-3606, Fax 305-647-6441; Email: anthony.blanco@plazadvisors.com. Or Jim Michalak, 3412 Bay to Bay Boulevard, Tampa, FL 33629; 813-837-1300, Fax 813-831-2627; Email: jim.michalak@plazadvisors.com. Rancon Real Estate is selling a 15-acre bankowned parcel approved for a community shopping center located at the intersection of State Street and Ramona Expressway in San Jacinto, CA. Area retail includes Denny’s, 7-Eleven, Panda Express, Rite Aid, Jack in the Box, Dairy Queen, Stater Bros., U.S. Bank, Juice It Up, Del Taco, Starbucks, Subway, Carl’s Jr. and Walgreens. The average daily traffic count is 40,000 vehicles. The asking price is $2.1 million. For more information, contact Juve Pinedo, Rancon Real Estate, 41391 Kalmia Street, Suite 230, Murrieta, CA 92562; 951-6771800 Ext. 153 or 714-348-6099. Atlas Realty Group is selling a portfolio of Ryan’s Restaurants located throughout NC and SC. For more information, contact Eddie Pershin, Atlas Realty Group, 11510 North Community House Road, Suite 24C, Charlotte, NC 28277; 704-494-7018; Email: eddiepershin@atlasrealtygroup.org. Dealmakers

www.dealmakers.net

Deerfield Partners is selling a Walgreens located in the Logan Square area of Chicago, IL. The tenant is bound to a 75-year NNN lease commenced during June 2009. Area demographics include a population of 65,200 within one mile earning $80,000 as the average household income. The average daily traffic count is 300,000 vehicles. For more information, contact John Giordani or Art Griffith, Deerfield Partners, 71 Stevenson Street, Suite 400, San Francisco, CA 94105; 415-577-9311 or 415-7303024; Emails: jg@deerfieldteam.com and atg@deerfieldteam.com. Upscale Realty Investments, LLC is looking to acquire distressed commercial properties throughout Phoenix, AZ; Los Angeles, CA; Atlanta, GA; Las Vegas, NV, and Dallas, TX. The company is also looking to acquire shopping centers. Suitable properties are priced between $500,000 and $2 million, but the company will also consider properties priced up to $5 million. For more information, contact W. Duane Malone, Upscale Realty Investments, LLC; 404-259-6200, Fax 678-298-9071; Email: upscalerealtyinvestments@gmail.com. Franklin Street Real Estate Services is selling five outlots from 0.76 acres to 1.34 acres located at the intersection of State Road 60 and Mulrennan Road in Brandon, FL. Area retail includes Dollar General and Arby’s. For more information, contact Brian Bern, Franklin Street Real Estate Services, 500 North Westshore Boulevard, Suite 750, Tampa, FL 33609; 813-839-7300, Fax 813-839-7330; Web site: www.franklinstreetfinancial.com. Faris Lee Investments is selling a 30,000 sq.ft. Best Buy situated on 3.87 acres along 120th Avenue in Kenosha, WI. Area retail includes Gander Mountain, Steinhafels, Buffalo Wild Wings, Woodman’s Markets and Texas Roadhouse. The NOI is $513,000. For more information, contact Jeff Conover, Faris Lee Investments, 2301 Dupont Drive, Suite 100, Irvine, CA 92612; 949-221-1810, Fax 949-221-1830; Email: jconover@farislee.com; Web site: www.farislee.com. Coremark Group is looking to acquire parcels of one acre to 25 acres throughout NJ, NY and PA. For more information, contact Brian Wasilenko or Jordan Liebowitz, Coremark Group, 392 Main Street, Wyckoff, NJ 07481; 201-847-2600 Ext. 113/114, Fax 201-5600600; Emails: bw@coremarkgroup.com and jl@coremarkgroup.com; Web site: www.coremarkgroup.com. (continued on page twenty-four)


Buyers and Sellers Howard Dean Properties is selling a 41,000 sq.ft. building located along High Avenue in Nyack, NY. The average daily traffic count is 280,000 vehicles. For more information, contact Howard Dean, Howard Dean Properties; 914-6313000; Email: riverrogue@msn.com; Web site: www.hdeanproperties.com.

(continued from page twenty-two)

Conviser Property Group is selling a property located along Lake Street in West Peabody, MA. Area retail includes Hannaford Plaza, featuring Hannaford, CVS, T.J. Maxx and GameStop. The company is also selling a parcel located along Route 1/Newbury Street in Peabody, MA. For more information, contact Andrew Perlman, Conviser Property Group, 858 Washington Street, Dedham, MA 02026; 781-320-0600 Ext. 5; Email: andrew@conviserpg.com.

EXP Realty Advisors is selling a six-building portfolio of retail, office and multifamily buildings totaling 65,079 sq.ft. located at the intersection of State Highway 611/Old York Road and West Avenue in Jenkintown, PA. The NOI is $233,907. The asking price is $4.6 million with a Cap rate of 5.19%. For more information, contact EXP Realty Advisors; 212-972-7457, Fax 212-6860078; Email: exp@exp1031.com; Web site: www.exp1031.com.

Lee & Associates negotiated the $3.1 million sale of a 28,717 sq.ft. shopping center located along South Western Avenue in Juneau, WI. Capitol Real Estate Juneau, LLC acquired the property from T. Rectangle Properties, LLC. At the time of sale, the center was 90% leased, with tenants including Piggly Wiggly, Edward Jones and Subway. The company represented the buyer and the seller in the transaction. For more information, contact Steve Doran, Blake George or Todd Waller, Lee & Associates, 6430 Bridge Road, Madison, WI 53713; 608-327-4000, Fax 608-327-4011; Web site: www.lee-associates.com.

North American Realty Advisors, on behalf of a client, is looking to acquire NNN-leased properties throughout the northeastern U.S. For more information, contact Gena DiDonato, North American Realty Advisors, 16 School Street, Rye, NY 10580; 914-9675600 Ext. 23, Fax 914-967-5551; Email: genadid@aol.com.

RE AL ES TATE

LMS Commercial Real Estate is selling two parcels of 6.94 acres and 1.31 acres located at the intersection of Cape Horn Road and Belle Road in York, PA. The 6.94-acre parcel is approved for a 34,000 sq.ft. strip center. Area demographics include a population of 46,313 within three miles earning $78,332 as the average household income. The asking price is $2 million. For more information, contact Blake Gross, LMS Commercial Real Estate, 120 North Pointe Boulevard, Suite 301, Lancaster, PA 17601; 717-569-9373 Ext. 493, Fax 717560-9909; Web site: www.lms-pma.com. Titan Commercial is selling a property located along South Ridgeland Avenue in Chicago Ridge, IL. Tenants include Rock Razor Scissors and Papa Luigi’s Pizza. Area retail includes Bridgeview Shopping Center and Commons of Chicago Ridge. The average daily traffic count is 22,200 vehicles. The asking price is $600,000. For more information, contact Ben Rosenfield, Titan Commercial, 225 North Columbus, Suite 100, Chicago, IL 60601; 312-373-7100, Fax 312-373-1400; Email: brosenfield@titancre.com; Web site: D M www.titancommercialrealestate.com.

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December 10, 2010

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RCS Real Estate Advisors was borne of professionals with decades of retail experience who have been delivering meaningful and measurable results for retailers since 1981. We also go beyond renewals, terminations and other transactions to provide continuous management of your portfolio, ensuring your real estate performs at its optimal level. When it comes to your success, there’s no room for error.

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Who’s Opening and Where (continued from page twenty)

JCPenney Co., Inc. (972-431-1000) will open a JCPenney store at Woodmore Town Centre, a mixed-use project situated on 245 acres in Glenarden, MD. The store is slated to open next spring and will join Wegmans, Costco, Best Buy, Petco, PNC Bank, Sleepy’s, T-Mobile, Noodles & Co., Subway, Our Eyes, Woodmore Wine, Irie Café and Centre Cleaners at the center. Arcadia Group, Ltd. (866-853-8559) will open a 49,000 sq.ft. Topshop location in a former Borders along Michigan Avenue in Chicago, IL. The store is slated to open next spring. The opening will be the company’s second in the country, having opened its first U.S. location in the SoHo area of New York, NY. The company is also considering locations in NY and along the western coast of the U.S. O’Reilly Automotive, Inc. (417-862-3333) will open a 7,500 sq.ft. O’Reilly Auto Parts store in a former Burger King located along Plainfield Avenue in Plainfield, MI. The company is also scouting locations in the Grand Rapids, MI area, and currently operates 3,400 locations nationwide.

LA Fitness International, LLC (949-2557200) will open a 50,000 sq.ft. LA Fitness gym in a former Mervyns at The Crossroads Irvine, located at the intersection of Culver Drive and Barranca Parkway in Irvine, CA. The fitness center will be the company’s third in the city, will join Target at the center and is slated to open during the spring. The company currently operates 340 locations nationwide throughout 22 states and in Canada.

Vera Bradley, Inc. (260-482-4673) plans to open nine full-priced Vera Bradley stores and three outlet locations next year, along with between 14 and 16 stores during 2012 and between 14 and 20 locations annually during the following years, as part of a plan to operate as many as 300 locations nationwide. The company currently operates 31 full-priced stores and two outlet locations, offering handbags and accessories, nationwide.

Winmark Corp. (763-520-8500) plans to open a 5,150 sq.ft. Play It Again Sports store at Sutton Square, a 101,024 sq.ft. center located along Falls of Neuse Road in Raleigh, NC. The UPS Store also plans to open a 1,600 sq.ft. location at the center. Both stores are slated to open next winter and will join Fresh Market, Subway, Planet Smoothie and Scottrade at the center.

Tractor Supply Co., Inc. (615-366-4600) will open a 24,000 sq.ft. Tractor Supply Co. store in part of a former L.L. Bean site at JFK Plaza, located in Waterville, ME. The store is slated to open early next year. The company currently operates 912 stores, offering tractor supplies and lawn mowers, parts and accessories, as well as apparel, nationwide throughout 44 states, including sites in Augusta, Farmington, Skowhegan, Lewiston and Bangor, ME.

Jungle Jim’s International Market, Inc. (513674-6000) plans to open a 200,000 sq.ft. Jungle Jim’s International Market grocery store in a former Bigg’s along Eastgate Boulevard in Clermont County, OH. The store will be the company’s second location and is slated to open during 2012.

Dick’s Drive-In (206-634-0300) plans to open a drive-in restaurant along State Route 99 in Edmonds, WA. The restaurant is slated to open late next year or during early 2012.

Nielsen Pop Quiz

WHICH RETAIL LOCATION HAS THE MOST REVENUE POTENTIAL?

WANT THE ANSWER? JUST ASK NIELSEN.™ Nielsen’s market and site analysis solutions can help you improve your location selection, market planning and customer targeting strategies. Visit www.nielsen.com or call 877-707-2385. © 2010 The Nielsen Company. 847/0410

Nielsen Claritas is now Nielsen page 26

December 10, 2010

The

Dealmakers

www.dealmakers.net

(continued on page thirty)


Coremark Group

LOOKING FOR LAND! New Jersey, New York and Pennsylvania Parcels from 1 to 25 Acres If you have a site you would like to submit, please contact: Brian Wasilenko: bw@coremarkgroup.com (201) 847-2600 x.113 or Jordan Liebowitz: jl@coremarkgroup.com (201) 847-2600 x.114 www.coremarkgroup.com

392 Main Street, Wyckoff, New Jersey 07481 | (201) 847-2600 | F: (201) 560-0600


New Construction (continued from page four)

Vita & Vita Realty Corp. is preleasing a oneacre parcel at the intersection of Route 202 and Route 511 in Lincoln Park, NJ. Area retail includes Lincoln Park Plaza, Walgreens and CVS. Area demographics include a population of 138,348 within five miles earning $110,307 as the average household income. The average daily traffic count is 25,000 vehicles. For more information, contact Tony Vita, Vita & Vita Realty Corp., 277 Fairfield Road, Fairfield, NJ 07004; 973-227-5233; Email: tony@vitarealty.com; Web site: www.vitarealty.com. Gulfstream Commercial Services, LLC is developing Oxford Center, a 50-acre project located at the intersection of Highway 231 and Veterans Memorial Parkway in Bowling Green, KY. Area retail includes Walmart Supercenter. Trade-area demographics include a population of 92,000. The average daily traffic count is 25,000 vehicles. For more information, contact Fahr Juneja or Doug Van Meter, Gulfstream Commercial Services, LLC; 502-744-1465 or 502-425-1000; Emails: fahr@gulfstreamcommercial.com and doug@gulfstreamcommercial.com; Web site: www.gulfstreamdev.com.

Welco Realty, Inc. is redeveloping Denville Commons, located along Route 10 West in Denville, NJ. Space is available from 1,600 sq.ft. to 21,299 sq.ft. Cotenants include Ladies Boutique, Apple Farms, Color Me Mine, Verizon Wireless, H&R Spa and Alexis Diner. Area retail includes The Shoppes at Union Hill, featuring The Children’s Place, Chico’s, Gap, Jos. A. Bank, Starbucks, Talbots, Banana Republic, Clarks, AT&T Mobility, J. Jill, Janie and Jack, Panera Bread, Qdoba Mexican Grill, Ann Taylor, Pier 1 Imports, Learning Express, The Papery, Fast Frame, Blue Mercury, Trade Secret and Aerosoles. Area demographics include a population of 380,408 within 10 miles earning $113,053 as the average household income. The average daily traffic count is 47,000 vehicles. For more information, contact Welco Realty, Inc., 2525 Palmer Avenue, New Rochelle, NY 10801; 914-576-7500, Fax 914576-7596; Email: jwelkis@welcorealty.com; Web site: www.welcorealty.com. High Real Estate Group, LLC is developing Mill Creek Square, a 285,000 sq.ft. regional community shopping center project being developed in phases on 35 acres along U.S. Route 30/Lincoln Highway East in Lancaster, PA. Kohl’s, Bed Bath & Beyond, Christmas Tree Shops and Ross Dress

for Less anchor the center. Area retail includes Texas Roadhouse, Fuddruckers, Applebee’s and Target. Area demographics include a population of 156,701 within seven miles earning $53,297 as the median household income. The average daily traffic count is 41,000 vehicles. The second phase of the center is slated to open next summer. For more information, contact H. Stephen Evans or C. Jeffrey Herr, High Real Estate Group, LLC; 717-209-4069 or 717293-4554; Emails: sevans@high.net and cjherr@high.net. WelCor Development is developing a mixed-use project situated on 11 acres at the intersection of Interstate 40, Barbee Road and NC Highway 54 in Durham, NC. Outlots of 42,560 sq.ft.; 85,120 sq.ft. and 212,800 sq.ft. are available. Area demographics include a population of 402,469 within 10 miles earning $81,188 as the average household income. The average daily traffic count is 131,000 vehicles. The project is slated to open next fall. For more information, contact Jim Broemer, WelCor Development, 4900 Waters Edge Drive, Suite 270, Raleigh, NC 27606; 919-379-9288, Fax 919-882-9232; Email: jbroemer@welcordevelopment.com; Web site: www.welcordevelopment.com. (continued on page thirty-eight)

Invest with a winner! The Learning Experience® is expanding rapidly throughout the United States with over 150 sites operating or currently under development encompassing twenty-two states.

Seeking Build-to-Suit developers for 15 year triple net lease opportunities Visit us at Booth #403 in NYC at the ICSC Show!

Submission Requirements: Building Type: Size: Demographics: Children under age 6: Population: Lease Terms: Other:

Free Standing, Out Parcel 11,000 Square Feet $75,000+ Average Household Income 7,500+ within a 5 mile radius 75,000+ within a 5 mile radius 15 Years plus minimum two 5-year options Visibility, Ease of Access, Build-To-Suit

www.thelearningexperience.com page 28

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Dealmakers

www.dealmakers.net

888-278-0820


For over 40 years, Mall Properties, Inc. (MPI) has been a leader in diversified real estate development, investment and management. Our robust portfolio encompasses over 10 million square feet of retail as well as a multitude of office buildings, residential properties, and resort hotels nationwide. 654 Madison Avenue, New York, NY 10065 • T 212.935.1330 F 212.832.5369 • www.mallproperties.com

Visit us at 170 Rhinelander Gallery at the ICSC NY National Conference.

To schedule an appointment, contact Mitchell Friedel, EVP of Leasing 212.935.1330 or mfriedel@mallproperties.com


Who’s Opening and Where (continued from page twenty-six)

Target Corp. (612-304-6073) plans to open a 137,000 sq.ft. Target store at the intersection of Plainfield Road and Ronald Reagan Cross County Highway in Blue Ash, OH. The store is slated to open late next fall. Dick’s Sporting Goods, Inc. (724-273-3400) plans to open 14 Dick’s Sporting Goods locations throughout MD, as part of a plan to eventually operate 900 locations nationwide, including 34 planned openings next year. The company currently operates 425 sporting goods stores nationwide, including nine locations in the state.

Syms Corp. (201-902-9600) will open a 40,000 sq.ft. Filene’s Basement/Syms hybrid store in a five-story building located along Fulton Street in Brooklyn, NY. The store is slated to open during early 2012. Cermak Fresh Market (630-947-0100) plans to open a 61,000 sq.ft. grocery store along Miller Park Way in West Milwaukee, WI. Construction on the store is slated to begin next spring, with an opening anticipated by early 2012. The opening will be the company’s first in the state. The company currently operates 10 grocery stores throughout the Chicago, IL metropolitan area.

ROCK SOLID &

GROWING STRONG ✓ ✓ ✓ ✓

GROWING STRONG… Over 4,500 stores, and we open more every week STORES THAT ARE 100% COMPANY OWNED AND OPERATED… No franchises FINANCIALLY DISCIPLINED… We make the right decisions to protect our shareholders RELIABLE… Whether purchase money or rent, our funds will be there…on time, every time AutoZone, a publicly-traded Fortune 500 company, is the #1 auto parts retailer in America. We have over 4,250 stores in 48 U.S. states plus the District of Columbia & Puerto Rico and over 200 stores in Mexico.

Apple, Inc. (408-996-1010) plans to open between 40 and 50 Apple retail stores worldwide during the next fiscal year, having opened 24 locations during the fourth quarter of 2010. Half of the planned openings will be outside of the U.S. The company currently operates 317 locations nationwide and internationally. Recreational Equipment, Inc. (253-3953780) will open REI stores in Paramus, NJ and Carle Place and Yonkers, NY next spring. The 25,300 sq.ft. Paramus store will be located off of Interstate 87, the 25,400 sq.ft. Carle Place store will be at The Country Glen Center, located at the intersection of Glen Cove Road and Old Country Road, and the 24,100 sq.ft. Paramus store will be at Bergen Town Center, located along Route 4. The company currently operates 114 locations, offering outdoor gear and apparel, nationwide. Gold Star Chili (513-231-4541) plans to open restaurants in Versailles, IN and Ashland, KY next year, along with three additional locations. The company recently opened a restaurant at the intersection of Dixie Highway and Kenton Lands Road in Erlanger, KY during October. The chain currently operates 100 locations throughout IN, KY and OH. Jamba, Inc. (510-596-0100), through three franchisees, will open 13 Jamba Juice stores throughout South Bend, IN; New Orleans, LA and Boston, MA. The South Bend location is slated to open this month, with the remaining stores to follow throughout next year. The company currently operates 743 locations nationwide, including 311 franchised locations, and expects to have opened as many as 50 franchise locations nationwide by year’s end. Subway Development Corp. of Washington (800-355-8980) plans to operate 1,200 Subway restaurants by 2012. The company currently operates 1,100 locations throughout DE, MD, VA and Washington, DC, having opened approximately 100 stores throughout the region this year.

www.autozonerealestate.com SITE CRITERIA • • • •

Stores typically range from 6,500 square feet to 8,000 square feet Must accommodate between 25 and 40 uncongested, customer-friendly parking spaces We require up-front, high-impact locations with excellent visibility & access from adjacent streets Land purchases (preferred), existing building leases, and ground leases are all considered

STORE DEVELOPMENT DEPT. • P.O. BOX 2198 • MEMPHIS, TN 38101 • FAX: 901.495.8969 ©2010 AutoZone, Inc. All Rights Reserved. AutoZone and design are registered marks of AutoZone Parts, Inc.

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Ross Stores, Inc. (925-965-4400) is slated to open a 27,695 sq.ft. Ross Dress for Less store in a former Mervyns at Silver State Plaza, located at the intersection of Prater Way and McCarran Boulevard in Sparks, NV. The store is slated to open during May and will be the company’s fifth in the area. The company currently operates 1,036 stores nationwide throughout 27 states, trading as Ross Dress D M for Less and dd’s Discounts.


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Home-Related Chains Expand Nationwide Ethan Allen Global, Inc. trades as Ethan Allen at 280 locations nationwide and internationally. The stores, offering home furnishings and accessories, occupy spaces of 10,000 sq.ft. in freestanding locations and lifestyle and specialty centers. Growth opportunities are sought nationwide during the coming 18 months. Typical leases run 10 years with options. Preferred cotenants include high-end retailers. Preferred demographics include a trade-area population earning $75,000 as the average household income. The company is also looking to relocate existing stores. For more information, contact Ann Zaccaria, Ethan Allen Global, Inc., Ethan Allen Drive, Danbury, CT 06811; 203743-8423, Fax 203-730-9016; Web site: www.ethanallen.com. Warehouse Home Furnishing Dist., Inc. trades as Farmers Home Furniture at 165 locations throughout AL, FL, GA, NC and SC. The stores, offering furniture, appliances and home furnishing items, 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. RTA Furniture Distributors, Inc. trades as Just Cabinets Furniture and More at 20 locations throughout DE, MD, NJ and PA. The stores, offering wood furnishings and kitchen cabinetry, occupy spaces of 16,000 sq.ft. to 20,000 sq.ft. in freestanding locations and outlet, strip and value centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. A vanilla shell is preferred. Preferred cotenants include T.J. Maxx and Target. Preferred demographics include a population of 10,000 within one mile earning $50,000 as the average household income. Major competitors include Oak

Express. A land area of two acres is required for freestanding locations. For more information, contact Ted Bernstein, RTA Furniture Distributors, Inc., 5500 Linglestown Road, Harrrisburg, PA 17112; 717-540-5500, Fax 717-540-5948; Email: tedbernstein@justcabinets.com; Web site: www.justcabinets.com. Gothic Cabinet Craft operates 34 locations throughout NJ and NY. The stores, offering wood furniture and related accessories for dining, living and bedrooms as well as kitchens, and offering custom-made furniture, occupy spaces of 2,500 sq.ft. to 25,000 sq.ft. in endcaps and inline spaces of shopping centers. Growth opportunities are sought throughout Bronx, Brooklyn, Queens, Manhattan, Staten Island and Westchester counties in NY during the coming 18 months, with representation by Sholom & Zuckerbrot Realty, LLC. The company will also consider acquiring sites. For more information, contact Marc Durst, Sholom & Zuckerbrot Realty, LLC, Kaufman Astoria Studios, 35-11 35th Avenue, Long Island City, NY 11106; 718-3925959 Ext. 122, Fax 718-937-6546; Email: mdurst@s-z.com; Web site: www.s-z.com. DM

VANICK PROPERTIES INCORPORATED

381 Broadway, Westwood, NJ 07675 ~ Tel: 201.666.7710

Nicholas J. Aynilian - President

Mt. Holly / Lumberton, NJ ~ Evergreen Plaza 10,000 SF Pad ~ 5,600 SF - 15,000 SF Stores 60,000 SF Build to Suit Retail or Office Space

Middlesex, NJ ~ Westmarket Center 200,000 SF New Retail & Entertainment Center 36,000 SF New Office Space Middlesex, NJ ~ Lincoln Blvd. Office Space 1,200 SF - 4,000 SF Warehouse 1,300 SF - 8,100 SF

Fax: 201.666.7714

Scranton, PA ~ Greenridge Plaza 57,000 SF (Divisible); 1,500 SF - 7,500 SF Stores 5,000 SF Pad Site Pennsburg, PA ~Pennsburg Square Shopping Center 2,000 SF Store ~ 4,000 SF Store Pittston, PA ~ Pittston Plaza ~ 1.5 Acre Pad on RT 11 2000 SF - 2,500 SF Stores Scranton, PA ~ Luzerne Street Shopping Center 7,300 SF Store

Union City, NJ ~ Store Front 3,000 SF Apartments 2 - 3 Bedrooms Warehouse 17,000 SF ~ Vacant Lot 30’ x 80’

Union, NJ ~ RT 22 ~ Union 22 Town Center 4,000 SF - 10,800 SF Stores - 6,000 SF Pad

Hazleton, PA ~ Hazleton Shopping Center 3,755 SF - 14,000 SF Stores ~ 4,000 SF Pad Site Bethlehem, PA ~ Stefko Blvd. 1,700 SF New Store ~ Cafe or Convenience Store

Jersey City, NJ ~ Warehouse 36,000 SF

Reading, PA ~ Downtown 50,000 SF Mix Use Building

Aberdeen, NJ ~ New Office Builidng - 5,600 SF

Selinsgrove, PA ~ RTS 11 & 15 ~ 1,650 SF New Store

info@vanickproperties.com www.vanickproperties.com page 32

VPI

December 10, 2010

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Dealmakers

www.dealmakers.net


?

IS YOUR REAL ESTATE WORKING...

against

You

For

You

At DJM Realty, we help our clients reduce their real estate exposure by disposing of under-performing leases and fee-owned real estate and renegotiating occupancy costs. We also put our own capital to work to create strategic solutions. Facilitating growth

cutting occupancy costs

Eliminating surplus rEal EstatE

rEsolving warEhousE & oFFicE issuEs

Assisted in aggressive growth strategy by facilitating the acquisition of a significant number of retail leases throughout the U.S.

Disposition and lease renewals.

Disposition of locations nationally.

Relocated Utah manufacturing plant to a new 400,000 sq. ft. facility in CA and subleased a facility in TX on behalf of ICON.

Joint venture with Tractor Supply to purchase all assets and real estate of Quality Stores.

Engaged to restructure entire real estate portfolio including terminations and rent reductions.

Ongoing disposition advisor; sold, subleased or terminated leases.

Disposition project of 5 warehouse and industrial facilities totalling approx. 2 million sq. ft.

Joint venture with Rainbow Apparel to purchase Norstan locations.

Disposition and rent reductions of locations nationally.

Sold or subleased properties.

Disposition of 800,000 sq. ft. grocery distribution center, 3 warehouse facilities and 1 reclaim center.

Purchased supermarket chain on behalf of Hannaford; then disposed of all the assets and leased the locations to Hannaford.

A comprehensive real estate portfolio review with store closings, lease restructuring, rent reductions and lease renewals.

Disposition of locations nationally.

w w w. d j m r e a l t y. c o m Andy Graiser agraiser@djmrealty.com

Emilio Amendola eamendola@djmrealty.com

Mike Matlat mmatlat@djmrealty.com

631.752.1100

Peter Lynch plynch@djmrealty.com

Joe Dimitrio jdimitrio@djmrealty.com

Disposition of 3 warehouse distribution centers totaling 800,000 sq. ft. in 3 states.

Michael Jerbich mjerbich@djmrealty.com

Andy Couch acouch@djmrealty.com

James Avallone javallone@djmrealty.com

Fred Burstein fburstein@djmrealty.com


Supermarket Chains Expand Nationwide Dan’s Supreme Super Markets, Inc. trades as Dan’s Key Food at nine locations throughout NY. The supermarkets occupy spaces of 20,000 sq.ft. to 50,000 sq.ft. in freestanding locations, strip centers and downtown areas. Growth opportunities are sought throughout the New York, NY metropolitan area during the coming 18 months. Typical leases run 25 years. For more information, contact Richard Grobman, Dan’s Supreme Super Markets, Inc., 474 Fulton Avenue, Hempstead, NY 11550; 516-483-2400 Ext. 133, Fax 516483-1586.

Piggly Wiggly Carolina Co., Inc. trades as Piggly Wiggly at 102 locations throughout GA and SC. The supermarkets occupy spaces of 25,000 sq.ft. to 45,000 sq.ft. in freestanding locations and power and strip centers, as well as downtown areas. Limited growth opportunities are sought throughout SC during the coming 18 months. The company is site-selective. For more information, contact Les McClanahan, Piggly Wiggly Carolina Co., Inc., 176 Crogan Spur Road, Charleston, SC 29407; 843-554-9880, Fax 843-308-5764; Web site: www.thepig.net.

Trader Joe’s operates 350 locations nationwide throughout 29 states and Washington, DC. The specialty supermarkets occupy spaces of 12,000 sq.ft. in freestanding locations, malls and power, specialty and strip centers. Growth opportunities are sought throughout Long Island, NY during the coming 18 months, with representation by Breslin Realty Development Corp. Typical leases run 10 years. The company prefers to locate in affluent markets and is focusing its expansion on the North Shore area of Long Island. For more information, contact Beth Lamport, Breslin Realty Development Corp., 500 Old Country Road, Suite 200, Garden City, NY 11530; 516-741-7400 Ext. 248, Fax 516-7417128; Email: blamport@breslinrealty.com; Web site: www.breslinrealty.com. D’Agostino Supermarkets, Inc. trades as D’Agostino at 18 locations throughout Manhattan and Westchester County, NY. The supermarkets occupy spaces of 8,400 sq.ft. in downtown areas. Growth opportunities are sought throughout the existing market during the coming 18 months. For more information, contact Nicholas D’Agostino III, D’Agostino Supermarkets, Inc., 1385 Boston Post Road, Larchmont, NY 10538; 914-833-4000, Fax 914-833-4060.

Experience. Strength. Stability. For more than 20 years, Cullinan Properties, Ltd. has been the premiere provider of commercial and mixed-use real estate services. We’ve built our reputation while building relationships. As the market has changed, we’ve adapted but our commitment to excellence remains the same. Streets of St. Charles | metro St. Louis, MO

Our strength comes from experience. We turn real estate into reality, achieving dramatic results in today’s marketplace - successfully developing or redeveloping more than $600 million in real estate projects.

BUILD ON OUR REPUTATION. East Peoria/Downtown 2010 | East Peoria, IL

Find out what we can do for you at: www.cullinanproperties.com

CHICAGO, IL | ST. LOUIS, MO | YOUNGSTOWN, OH | PEORIA, IL 309.999.1700

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Camellia Food Stores, Inc. trades as Fresh Pride at 12 locations throughout DE, MD and VA. The supermarkets occupy spaces of 17,000 sq.ft. to 25,000 sq.ft. in freestanding locations and power and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. For more information, contact Dan Hopkins, Camellia Food Stores, Inc., 1300 Diamond Springs Road, Suite 500, Virginia Beach, VA 23455; 757-855-3371, Fax 757853-7405. Sunflower Farmers Markets operates 50 locations throughout AZ, CO, NM, TX and UT. The stores, offering discounted organic food items, occupy spaces of 22,000 sq.ft. to 35,000 sq.ft. in freestanding locations and power centers. Plans call for five to 10 openings throughout southern Los Angeles, Orange, Riverside and Ventura counties in CA during the coming three years, with representation by Retail Net Lease Properties, Inc. The company prefers to locate in areas with prominent signage, access and parking. For more information, contact Charlie Cangelosi or Holly Jensen, Retail Net Lease Properties, Inc., 360 North Sepulveda Boulevard, Suite 1020, El Segundo, CA 90245; 310-252-7656 Ext. 156/155, Fax 310-414-0040; Emails: charlie@rnlp.biz and holly@rnlp.biz; Web sites: www.rnlp.biz and www.sfmarkets.com. DM


Looking for qualiďŹ ed area developers to expand our concept in the following markets: Manhattan, Brooklyn, Long Island, New Jersey, Connecticut, Boston, Philadelphia, D.C., Maryland, Florida

For more info visit our Booth #228 at the ICSC 2010 New York National Conference, December 6th & 7th, 2010

energykitchen.com/franchising

For franchise sales please contact Steve Gardner For real estate development please contact Brooke Auberry

Š 2010 ENERGY KITCHEN

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This advertisement is intended to provide general information and is not an offer to sell or the solicitation of an offer to buy a franchise. It is for informational purposes only.


Apparel Chains Expand Nationwide (continued from page one)

Bluenotes operates 129 locations throughout Canada. The stores, offering men’s and women’s apparel, accessories, outerwear, footwear, cosmetics and leather goods, occupy spaces of 3,000 sq.ft. to 5,000 sq.ft. in malls. Growth opportunities are sought throughout the existing market during the coming 18 months, with representation by Oberfeld Snowcap, Inc. Sirens operates 87 locations throughout CA, FL and GA, as well as Canada and Puerto Rico. The stores, offering women’s casual apparel and accessories, footwear and lingerie, as well as housewares and gift items, occupy spaces of 3,000 sq.ft. to 5,000 sq.ft.

in malls. Growth opportunities are sought throughout Canada during the coming 18 months, with representation by Oberfeld Snowcap, Inc. Stitches operates 145 locations throughout Canada. The stores, offering men’s and women’s apparel, accessories and footwear, occupy spaces of 3,000 sq.ft. to 5,000 sq.ft. in malls and power centers. Growth opportunities are sought throughout the existing market during the coming 18 months, with representation by Oberfeld Snowcap, Inc. Suzy Shier operates 190 locations throughout Canada. The stores, offering women’s readyto-wear apparel, accessories, belts, scarves and footwear, occupy spaces of 3,000 sq.ft.

&

Locations Wanted!

to 5,000 sq.ft. in malls and power centers. Growth opportunities are sought throughout the existing market during the coming 18 months, with representation by Oberfeld Snowcap, Inc. Urban Planet operates 90 locations throughout Canada. The stores, offering trendy men’s and women’s apparel, accessories and footwear, occupy spaces of 15,000 sq.ft. to 20,000 sq.ft. in malls and power centers. Growth opportunities are sought throughout the existing market during the coming 18 months, with representation by Oberfeld Snowcap, Inc. For more information, contact Andrew Laudenbach, Oberfeld Snowcap, Inc., 10 King Street East, Suite 1500, Toronto, Ontario, Canada; 416-849-9406, Fax 416-593-9799; Email: andrew@oberfeldsnowcap.com; Web site: www.oberfeldsnowcap.com. Faconnable operates nine locations throughout CA, CO, FL, GA, NY and TX. The stores, offering upscale apparel and accessories for men and women, occupy spaces of 3,000 sq.ft. in regional malls and upscale street front locations. Growth opportunities are sought nationwide during the coming 18 months, with representation by The Greenberg Group. Preferred cotenants include Burberry, Ferragamo, Saks, Neiman Marcus, Louis Vuitton and Hermes. Vince operates 16 locations nationwide. The stores, offering upscale, contemporary men’s and women’s sportswear, occupy spaces of 1,200 sq.ft. to 1,500 sq.ft. in affluent regional malls, downtown areas and street fronts. Growth opportunities are sought throughout the existing market during the coming 18 months, with The Greenberg Group. For more information, contact Steven Greenberg, The Greenberg Group, 1200 West Broadway, Hewlett, NY 11557; 516-295-0406, Fax 516-374-0999; Email: sgreenberg@thegreenberggroup.com; Web site: www.thegreenberggroup.com. Citi Trends, Inc. trades as Citi Trends at 450 locations throughout the mid-Atlantic, midwestern and southeastern regions of the U.S., as well as CA, NV and TX. The stores, offering men’s, women’s and children’s apparel, footwear and accessories, 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 dollar, grocery, apparel and footwear stores. For more information, contact Steven Horowitz, Citi Trends, Inc., 104 Coleman Boulevard, Savannah, GA 31408; 912-4434910; Web site: www.cititrends.com. DM

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ssandelman@kinproperties.com

State AR AR AZ AZ CA CA CA CA CO CT FL FL FL FL FL GA IL IL IL IN IN KS MA MD MI MI MI MI MI MI MI MI MI MN NE NJ NY NY OH OH OH OH OH PA PA PA PA PA TN TN TN TX TX TX TX TX TX VA WA WI WI WI WI WI WI WV

City Forrest City Fort Smith Phoenix Tucson Downey Dublin Fullerton Orange Northglenn Waterbury Altamonte Springs Lakeland Pinellas Park Rockledge Rockledge Marietta Lincolnwood Mundelein Palos Heights Indianapolis South Bend Topeka Natick Laurel Commerce Flint Lansing Livonia Muskegon Port Huron Sterling Heights Troy Woodhaven Falcon Heights Lincoln Newton W. Seneca Yonkers Findley Hamilton Mansfield Springfield St. Clairsville Altoona Philadelphia Bristol Norristown Warminster Chattanooga Knoxville Memphis Abilene Amarillo Austin Bedford Grand Prairie Pantego Lynchburg Longview Brown Deer Fond Du Lac Kenosha Manitowoc Milwaukee Waukesha Martinsburg

Address 412 N. Washington St. 5805 Hwy 271 1307 W. Camelback Road 4025 Oracle Road 8613 Firestone Blvd 6363 Clark St 2949 Brea Blvd. 655 N. Tustin Ave 1000 W 104 Ave 779 Wolcott Road 820 E. Altamonte Drive 515 E. Memorial Boulevard 7201 US Highway 19 North 201 Bougainvillea Drive 201 Bougainvillea Drive 3016 Canton Road 7031 N. Lincoln Ave. 2045 S. Lake Street 12777 S. Harlem Ave. 3202 S. East Street 52120 US HWY 31N 1925 West 10th Street 64 Worchester Road 14955 Baltimore Road 2905 Union Lake Road 4463 Miller Road 6636 S. Cedar Street 34800 Plymouth Road 1490 E. Apple Ave. 3811 North 24th Ave 43169 Van Dyke 3914 Rochester Road West Road 1639 West Larpenteur Ave 6105 O Street 11 Nelson Street 1956 Ridge Road 2450 Central Ave 1909 Tiffin Ave 1775 S. Erie Hwy 2032 West 4th Street 1105 Upper Valey Pike Road 67701 Mall Ring Road 3006 Pleasant Valley Blvd 6640 Oxford Ave 2664 Route 13 2647 West Main Street 375 York Road 5109 Brainerd Road 7205 Chapman Highway 4139 Winchester Road 4135 N. First Street 4215 SW 45th Street 804 E Braker Lane 512 Harwood Road 2506 Belt Line Road 1607 S, Bowen Raod 3112 Old Forest Rd S 842 Washington Way 7817 West Brown Deer 528 West Johnson Street 4028 75th Street 3501 Calumet Ave. 7690 W. Appleton Ave 431 W. Sunset Drive 1212 North Queen Street

Size 12,730 35,200 8,400 1,400 36,816 52,180 1,785 8,000 56,040 4,980 4,800 7,200 1,920 26,260 2,400 5,400 8,000 4,860 5,400 8,000 4,800 6,547 4,400 3,600 125,490 4,795 4,000 7,000 6,866 8,400 1,700 6,000 22 acres 8,400 8,400 10,000 5,566 7,920 3,087 6,600 4,800 4,000 4,760 3,249 41,687 7,020 7,000 2,304 1,548 5,400 4,550 4,860 3 acres 10,850 29,100 16,467 5,400 8,457 7,000 8,400 8,400 7,200 3,096 7,000 2,383 23,744

Asking Rent $6.95 $3.75 $8.00 $9.95 $7.80 $18.00 $13.25 $4.95 $10.00 $9.50 $6.95 $14.50 $4.00 $9.75 $11.50 $10.00 $10.00 $9.95 $4.95 $6.75 $7.50 $19.50 $24.00 $5.00 $7.50 $9.50 $6.60 $4.95 $3.50 $7.50 $10.00 call for price $10.00 $20.00 $7.75 $5.00 $32.00 $11.50 $6.95 $8.50 $5.95 $12.00 $9.90 $9.50 $12.00 $18.00 $12.50 $9.50 $6.75 $7.00 $4.95 call for price $7.00 $2.95 $5.00 $4.95 $12.00 $9.95 $6.75 $7.50 $7.50 $8.95 $12.95 $12.50 $3.50

Sale Price Lease Only $7,500,000 Lease Only Lease Only Lease Only Lease Only Lease Only Lease Only Lease Only Lease Only Lease Only Lease Only Lease Only $995,000 Lease Only Lease Only $995,000 Lease Only $625,000 $395,000 $125,000 Lease Only Lease Only Lease Only Lease Only $490,000 $399,000 $350,000 $325,000 $295,000 Lease Only Lease Only Lease Only $840,000 Lease Only Lease Only $350,000 Lease Only Lease Only $535,000 $480,000 $375,000 Lease Only Lease Only Lease Only Lease Only Lease Only Lease Only Lease Only $350,000 Lease Only $265,000 Lease Only Lease Only $850,000 Lease Only $295,000 Lease Only Lease Only $450,000 Lease Only $495,000 Lease Only Lease Only Lease Only Lease Only

make an appointment to see us at the NY ICSC convention Booth #397 (Hilton - Americas Hall 1)

185 NW Spanish River Blvd • 1st Floor • Boca Raton • FL 33431


New Construction (continued from page twenty-eight)

Equity One is developing The Gallery at Westbury Plaza, located along Old Country Road in Long Island, NY. Area retail includes Roosevelt Field Mall and Westbury Plaza. For more information, contact Michael Berfield, Equity One; 212-796-1742; Email: mberfield@equityone.net; Web site: www.equityone.net. NAI Keystone Commercial & Industrial, LLC is preleasing Deer Lake Plaza, a mixeduse project featuring a 48,000 sq.ft. retail component and an 18,000 sq.ft. office component located along Route 61 in Deer

Lake, PA. Area retail includes Walmart, Lowe’s Home Improvement, Cabela’s, Burger King, Cracker Barrel, McDonald’s, Redner’s Warehouse Markets and Rite Aid. Area demographics include a population of 74,527 within 10 miles earning $46,858 as the median household income. The average daily traffic count is 22,000 vehicles. For more information, contact Bryan E. Cole or John Buccinno, NAI Keystone Commercial & Industrial, LLC; 610-7791400; Emails: bcole@naikeystone.com and jbuccinno@naikeystone.com; Web sites: www.bryanecole.com and www.naikeystone.com.

Serving the New Jersey and New York Retail Marketplace We Pride Ourselves In The Company We Keep*

New England Development, with Brendon Properties, is developing Northborough Crossing, a 600,000 sq.ft. open-air shopping center located in Northborough, MA. Wegmans will anchor the center and cotenants include Kohl’s, Babies “R” Us, Toys “R” Us, Michaels, PetSmart, T.J. Maxx and Golf Town. The center is slated to open next fall. For more information, contact New England Development, One Wells Avenue, Newton, MA 02459; 617-965-8700; Web site: www.nedevelopment.com. Atlantic Retail Properties is preleasing the redevelopment of Millennium Mall, situated on 40 acres at the intersection of Hollywood Boulevard and U.S. Highway 441 in Hollywood, FL. For more information, contact Brent Andrews, Ross Waters or Dan Lynch, Atlantic Retail Properties, 61001 North U.S. Highway 1, Suite 600, Jupiter, FL 33477; 561-427-6699, Fax 561-427-6561; Web site: www.atlanticretail.com. Trivest Real Estate, LLC is developing Beechwood Crossing Shopping Center, a project located at the intersection of Dawsonville Highway and Beechwood Boulevard in Gainesville, GA. Area retail includes Kohl’s, Michaels and Ulta. For more information, contact Tim Knight, Trivest Real Estate, LLC, 191 Peachtree Street, Suite 3300, Atlanta, GA 30303; 404736-3712; Web site: www.trivestusa.com.

Weiss Realty is the Exclusive Leasing & Managing Agent for the Shoppes at Colonial Village. For more information regarding available retail space call Matthew B. Weiss/ Jaime M. Weiss – 201-814-1800

Route 27 & Parsonage Rd • Edison, NJ

At Weiss Realty we understand the site selection process, from identifying the “prime” retail site location to zoning analysis, architectural and engineering studies, due diligence reporting and lease negotiations. To learn more about our Retail Real Estate Services Contact; Jaime M. Weiss, (C) 201/615-0474 jweiss@jweissrealty.com Matthew B. Weiss, (C) 917/309-7861 mweiss@jweissrealty.com Marvin Lieberman, (C) 917/488-4046 mlieberman@jweissrealty.com Or Visit Us On The Internet at www.JWeissRealty.com *A partial list of Weiss Realty transactions

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Lauth is developing The Shoppes at Eastpoint, a 350,000 sq.ft. center situated on 50 acres at the intersection of Interstate 65 and SR 231 in Crown Point, IN. Area demographics include a population of 85,657 within seven miles earning $71,398 as the average household income. For more information, contact Larry Evinger or Ryan Smith, Lauth; 317-5753158/3093; Emails: levinger@lauth.net and rsmith@lauth.net; Web site: www.lauth.net. Samuels & Associates is developing two mixed-use buildings in the Fenway area of Boston, MA, including a building along Brookline Avenue and a project at the intersection of Boylston Street and Van Ness Street featuring a 200,000 sq.ft. retail component, a 225,000 sq.ft. office component and a 150-unit multifamily component. For more information, contact Samuels & Associates, 333 Newbury Street, Boston, MA 02115; 617-247-3434, Fax 617-2668788; Email: info@samuelsre.com; Web site: www.samuelsre.com. DM


Exclusives and Leasing Assignments Breslin Realty (516-741-7400) has been named the exclusive leasing agent for the following properties throughout NY: Voice Road Plaza, located in Carle Place, featuring Big Lots, Staples and dressbarn, with a 4,000 sq.ft. space available; Carmans Plaza, located in Massapequa, featuring Pathmark, A.J. Wright and Duane Reade, with spaces available from 1,100 sq.ft. to 7,000 sq.ft.; The Hub, located in Hempstead, featuring Home Depot, Stop & Shop and Chuck E. Cheese’s, with space available from 4,000 sq.ft. to 20,000 sq.ft.; Gardiner Manor Mall, located in Bayshore, featuring HomeGoods, Target, Old Navy and King Kullen Supermarket, with spaces available from 5,000 sq.ft. to 6,000 sq.ft.; Coram Plaza, located in Coram, featuring Home Depot, Joyce Leslie and Family Dollar, with spaces available from 975 sq.ft. to 7,500 sq.ft.; Pine Grove Shopping Center, located along Nesconset Highway in Hauppauge, with spaces available of 825 sq.ft. and 1,450 sq.ft.; a restaurant situated on 1.2 acres along Veterans Memorial Highway in Hauppauge, and a shopping center located along Long Island Expressway/Route 112 in Medford, with spaces available from 1,200 sq.ft. to 3,600 sq.ft.

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Renaud Consulting (703-404-2346) represents the following retailers with their expansion plans: Bonjour La Parisienne, throughout MD, VA and Washington, DC, seeking spaces under 1,000 sq.ft.; Boost Mobile, throughout Prince George’s County, MD and Annandale, Springfield and Falls Church, VA, as well as Washington, DC, seeking spaces of 1,000 sq.ft. to 1,500 sq.ft.; Helzberg Diamonds, throughout Annapolis and Rockville, MD and Sterling and Vienna, VA, seeking sites of 4,500 sq.ft. to 5,500 sq.ft.; Mattress Warehouse, throughout Prince George’s County, Annandale, Springfield and Falls Church, MD, as well as Washington, DC, utilizing spaces of 4,500 sq.ft. and 6,000 sq.ft.; Morton’s The Steakhouse, throughout Tyson’s Corner and Georgetown, VA, seeking spaces of 8,500 sq.ft.; Naan & Beyond, throughout Washington, DC, seeking sites of 1,500 sq.ft. to 2,200 sq.ft. in central business districts; Overstock Furniture, throughout MD and VA, utilizing spaces of 10,000 sq.ft.; Paisano’s Pizza, throughout Arlington, Burke, Springfield and Vienna, VA, seeking spaces of 1,200 sq.ft. to 1,800 sq.ft., and Sweet Home Furniture, throughout Fairfax and Sterling, VA, utilizing spaces of 6,000 sq.ft. to 15,000 sq.ft.

Dealmakers

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Matanky Realty Group (312-337-1001) has been named the exclusive leasing and selling agent for a two-story mixed-use building located along North Milwaukee Avenue in Chicago, IL. Jewel-Osco, Kmart and Staples anchor the building. The company has also been named the exclusive leasing and selling agent for The Pointe Shopping Center, a 40,000 sq.ft. community shopping center located along North Main Street in Crown Point, IN. Area retail includes Jewel-Osco. Mid-America Real Estate – Wisconsin (414-273-4600) has been named the exclusive leasing agent for Village at Bay Park Shopping Center, a 181,098 sq.ft. community shopping center located at the intersection of Holmgren Way and Willard Drive in Ashwaubenon, WI. JCPenney and DSW anchor the center. Cotenants include Chico’s, Kirkland’s, Fashion Bug, Lane Bryant and Verizon Wireless. Area retail includes D M Bay Park Square.

read this issue on your mobile phone at dlmkrs.com using the access code on the front cover


Visit us at the 2010 NY Deal MakiNg — aMericas hall ii Booth #405

welco represents‌

914-576-7500 | jwelkis@welcorealty.com For a complete listing of our retail properties in New York, New Jersey & CT, please visit our website at www.welcorealty.com


Food Retailers Expand Nationwide (continued from page eighteen)

Leeann Chin operates 60 locations nationwide. The fast-casual Chinese restaurants occupy spaces of 1,800 sq.ft. to 2,800 sq.ft. in freestanding locations and lifestyle, power and grocery-anchored shopping centers, as well as urban/downtown areas. Plans call for 10 to 12 openings throughout the Atlanta, GA metropolitan area during the coming 18 months, with representation by Properties of Georgia, LLC. The company will also consider secondgeneration spaces. For more information, contact Karen Shannon, Properties of Georgia, LLC, 770826-0207; Email: kjjshannon@aol.com. Del Taco operates 515 locations nationwide throughout 16 states. The restaurants, offering tacos, burritos and quesadillas, in addition to burgers, fries and shakes, occupy spaces of 2,000 sq.ft. to 2,400 sq.ft. in freestanding locations and entertainment, power and strip centers. Growth opportunities are sought throughout Los Angeles County, CA during the coming 18 months, with representation by Retail Net Lease Properties, Inc. For more information, contact Charlie Cangelosi, Retail Net Lease Properties,

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Inc., 360 North Sepulveda Boulevard, Suite 1020, El Segundo, CA 90245; 310-2527656 Ext. 156, Fax 310-414-0040; Email: charlie@rnlp.biz; Web site: www.rnlp.biz. Pacific Bells trades as Taco Bell, Pizza Hut, Long John Silver’s and Buffalo Wild Wings at 90 locations throughout CA, OH, OR and WA. The restaurants occupy spaces of 2,500 sq.ft. to 7,500 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 20 years. Specific improvements are required. Preferred demographics include a population of 25,000 within one mile earning $46,000 as the average household income. A land area of 20,000 sq.ft. to 60,000 sq.ft. is required. For more information, contact Bernd Hoffman, Pacific Bells, 1700 Washington Street, Vancouver, WA 98660; 360-6947855 Ext. 116, Fax 360-694-7873; Email: bhoffman@pacificbells.com; Web site: www.pacificbells.com. Runza Restaurants trades as Runza at 81 locations throughout CO, IA, KS and NE. The restaurants, offering sandwiches and hamburgers, occupy spaces of 2,500 sq.ft.

Dealmakers

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to 3,500 sq.ft. in freestanding locations and endcaps of shopping centers. Growth opportunities are sought throughout the existing markets, in addition to MO and eastern WY, during the coming 18 months. Preferred cotenants include Target and Walmart. The company is franchising and will also consider locating in convenience stores. For more information, contact Jon Wurst, Runza Restaurants, 5931 South 58th Street, Suite D, Lincoln, NE 68516; 402-423-2394, Fax 402-423-5726; Email: jwurst@runzanational.com; Web site: www.runza.com. DM

Get listed in the dealmakers magazine‌ for free! we want to market your projects! Submit your project information easily at www.dealmakers.net/FreePublicity.aspx


Opportunities! Prime Prime Leasing Leasing Oppor Opportunities! tunities!

18+ million square feet + 200 retail projects New York to California Oregon to Puerto Rico and all points in between... RD Management LLC ranked #31 out of 2010 Top 100 Retail Real Estate Owners

Future Development Sites Anchor Positions In-Line Space End-Caps Outlots

RD

Management LLC 212-265-6600 Ext. 239

Thomas G. Mirandi

Vice President of Real Estate

Fax: 212-265-8250 Email: tmirandi@rdmanagement.com 810 Seventh Avenue, 10th Floor, New York, NY 10019

www.rdmanagement.com


Sources of Financing Holliday Fenoglio Fowler, LP arranged $80 million in financing for The Puck Building, a 265,000 sq.ft. mixed-use building located at the intersection of Lafayette Street and Houston Street in the SoHo area of New York, NY. For more information, contact Michael Tepedino or Jose Cruz, Holliday Fenoglio Fowler, LP; 212-245-2425 or 973-5492000; Emails: mtepedino@hfflp.com and jcruz@hfflp.com; Web site: www.hfflp.com. RCG Longview arranged a $10.1 million mezzanine loan for 53 single-tenant retail properties totaling 827,316 sq.ft. throughout 20 states nationwide. For more information, contact Chris LaBianca, David Valger, David Greenburg or Richard Gorsky, RCG Longview, 7 Penn Plaza, Suite 512, New York, NY 10001; 212-356-9200, Fax 212-736-6363; Email: info@rcglongview.com; Web site: www.rcglongview.com. Urban Development Fund, LLC, an affiliate of Aries Capital, provided $17.5 million in financing for the redevelopment of St. Louis Centre, a 540,000 sq.ft. mall located along North 6th Street in St. Louis, MO. The company provides permanent and interim financing for commercial, multifamily and hospitality properties. For more information, contact Aries Capital, 520 West Erie Street, Suite 300S, Chicago, IL 60654; 312-642-0100, Fax 312642-9291; Web site: www.ariescapital.com. Ocean Pacific Capital provides financing for retail, industrial, office and multifamily properties. Notes are available featuring terms of five, seven and 10 years at interest rates from 4.5% to 6.25%, a 30-year amortization schedule and a maximum loan-to-value ratio of 75%. The company also offers construction, bridge and permanent financing for all property types in amounts ranging from $1 million to $500 million with adjustable and fixed interest rates. Interest-only loans are also available. For more information, contact Ocean Pacific Capital, 2 Corporate Park, Suite 102, Irvine, CA 92606; 800-595-1474, Fax 949-263-9000; Email: info@commercialfinancingopc.com; Web site: www.shoppingcenterloan.net. Dominion Corp. provides financing for retail, office, industrial, mixed-use, automotive and selfstorage properties nationwide. Notes are available in amounts under $5 million with fixed interest rates at terms of three, five and 10 years. For more information, contact Keith Olson, Dominion Corp., 11355 West Olympic Boulevard, Suite 210, Los Angeles, CA 90064; 310-477-3041 Ext. 133; Email: keitho@dominfin.com; Web site: www.dominfin.com. DM www.dealmakers.net

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Real Estate Professionals Making the News Weichert Commercial Brokerage, Inc. (973-898-8705) hired Susan Bossow as vice president. Prior to joining the company, she served at SBWE. The company is a commercial brokerage firm operating in NJ and PA. Crossman & Co. (407-423-5400) promoted Daniel Germano to senior associate, Courtney Kowalchuk to vice president – leasing, and Justin Greider to vice president – director of leasing. The company is a commercial real estate brokerage firm specializing in the retail industry.

Retail Op p o r t u n i t i e s

to make your Mark in Bowie Median Household Income over $94,532 Average Household Income over $109,161 Bowie is one of the largest cities in Maryland. Bowie is also an excellent business location, easily accessed from Washington D.C., Annapolis and Baltimore. Bowie’s proximity to these major cities brings business and workforce into the area via Routes 3, 50 and 301. Bowie has more than 90 restaurants, 200 shops, and a dozen recreation opportunities. With this winning combination of location, access and amenities your business is certain to grow and succeed. For space available details call: Bowie Plaza, Brian Greene, 703-442-4300

Main Street Market, Sam Pan, 301-657-7352

Collington Plaza, Andrew Rose, 703-442-4500 x26

Pointer Ridge Plaza, Will Collins, 571-382-1290

Hilltop Plaza – Newly Renovated! Bruce I. Levine, 410-486-0800 x216

Free State, Rich Abruscato, 301-998-8188

For more information on ALL of Bowie’s Opportunities, contact:

John Henry King, Economic Development Director, City of Bowie, Maryland 2614 Kenhill Drive, Bowie, MD 20715 301.809.3042 | fax 301.809.2315 | jhking@cityofbowie.org page 48

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Cushman & Wakefield, Inc. (813-223-6300) hired Jason Donald and Philip Glassman as directors of the company’s Tampa Retail Services Group. Donald will focus on retail investment. Prior to joining the company, he served as a managing partner for Sperry Van Ness. Glassman will focus on retail brokerage. Prior to joining the company, he served as director of sales and marketing for Security Land Holding Co. RJS Realty Group, Inc. (561-659-9771) hired Michael Zimmerman as a director. He will focus on investment property brokerage. The company offers disposition, acquisition, financing and consulting services. S.L. Nusbaum Realty Co. (757-627-8611) hired Matthew Nusbaum as an asset manager in the company’s commercial division. The company is a commercial real estate firm offering management, development and brokerage services for shopping center projects and multifamily, office and industrial properties throughout FL, NC, SC and VA. CB Richard Ellis|Grossman Retail Advisors (617-912-7000) hired Kevin Higgins as senior vice president – retail services. He will focus on representing anchor tenants with expansion throughout New England, and participate in urban and suburban leasing assignments. Prior to joining the company, he served as executive vice president at Katz & Associates. The company is a full-service retail real estate advisory firm, offering tenant representation, leasing, property and asset management and development consulting services. Grosvenor Americas (415-434-0175) named John T. Roberts, Jr. as a non-executive director on the company’s board of directors. Prior to joining the company, he served as president of AMB Capital Partners, LLC. The company is a real estate investment and development firm operating in seven metropolitan areas nationwide and throughout Canada. DM


A national WOMEN’S specialty retailer.

The company operates more than 400 stores in 28 states. Dots three year growth plan includes opening new stores in all 28 states.

Site Criteria * Power centers, regional and community shopping centers with national tenants, deep discount anchors, dominant supermarket or discount apparel anchors * Targeting 4,000 to 5,000 square feet with a minimum 40 foot storefront

Demographic Profile * Metropolitan, urban and suburban markets * Typical trade area population of at least 75,000 * Median household income of $45,000 to $65,000

* More than 400 stores! * 28 states! Real Estate Contacts Kyle Koenig 440-349-7040 Director of Real Estate John Clark 440-349-7744 Director of Store Development Stephanie Griffith 440-424-2513 Regional Real Estate Manager

kkoenig@dots.com jclark@dots.com sgriffith@dots.com

www.dots.com


Lease Signings R.J. Brunelli & Co. (732-721-5800) negotiated a lease with European Wax Center for 1,275 sq.ft. at Marlboro Plaza, located at the intersection of Route 9 and Route 520 in Marlboro Township, NJ. Cotenants at the center include Kohl’s, T.J. Maxx, Staples, Annie Sez, Famous Footwear, Chase Bank and Massage Envy. The company also negotiated a lease with Muscle Maker Grill for 3,000 sq.ft. along Highway 35 in Wall Township, NJ. The company also negotiated leases with David’s Bridal for 10,000 sq.ft. and with Annie Sez for 11,000 sq.ft. at Summerhill Square, a 157,000 sq.ft. center located at the intersection of Route 18 and Summerhill Road in East Brunswick, NJ. Cotenants at the center include Toys “R” Us. The company also negotiated a lease with Toys “R” Us for 57,500 sq.ft. at The Plaza at Woodbridge, located at the intersection of Route 1 and Gill Lane in Woodbridge, NJ. Cotenants at the center include Best Buy, Raymour & Flanigan and Retro Fitness.

Phillips International (212-545-1100) negotiated the following leases at Allendale Shopping Center, a three-level, 260,000 sq.ft. center located along Cheshire Road in Pittsfield, MA: with Aroma Bar and Grill for 4,428 sq.ft; with Steven’s World of Flooring for 8,100 sq.ft. of showroom space and 12,300 sq.ft. of warehouse space, and with Simmons Lifestyle Furniture for 14,840 sq.ft.

Edens & Avant (617-369-6600) signed leases at South Bay Center, located along All State Road between Massachusetts Avenue and Interstate 93 in Boston, MA, with T.J. Maxx, iParty and Panera Bread.

Metro Commercial Real Estate, Inc. (856866-1900) negotiated leases with Dollar Tree for 11,360 sq.ft. and with Goodwill Industries for 13,640 sq.ft. at Street Road Plaza in Bensalem, PA.

Vanguard Realty, Inc. (973-443-9700) negotiated a lease with Motherhood Maternity for 2,200 sq.ft. at West Belt Plaza in Wayne, NJ. Cotenants at the center include HomeGoods, PetSmart, Pizzeria UNO, The Jewelry Exchange and Redwing Shoes. The company also negotiated a lease with Smashburger for 2,500 sq.ft. at Florham Village Towne Center in Florham Park, NJ. Cotenants at the center include CVS, Panera Bread, Flair, Fast Frame, David’s Jeweler, Angelato Ice Cream, Verizon Wireless and U.S. Postal Service.

Fameco Real Estate, LP (610-834-8000) negotiated leases with Sleepy’s and AT&T Mobility for space at Towne Crossing, located along Burlington-Mt.Holly Road in Burlington, NJ. Cotenants at the center include IHOP, Target, Kohl’s, Home Depot, Dick’s Sporting Goods and OfficeMax. The company also negotiated leases with GNC for 1,600 sq.ft., with Hibachi Grill & Supreme Buffett for 6,000 sq.ft. and with A.C. Moore for 21,600 sq.ft. at Upland Square in Pottstown, PA. Cotenants at the center include Target, Giant, Best Buy, Staples, LA Fitness, Bed Bath & Beyond, Petco, T.J. Maxx, Five Below and Famous Footwear. The company also negotiated a lease with Club Metro USA for 20,000 sq.ft. at Browntown Shopping Center, a 93,251 sq.ft. community shopping center located along Route 516 in Old Bridge, NJ. Cotenants at the center include Walgreens, Benjamin Moore Paints, Subway, Wendy’s and 7-Eleven. Robert K. Futterman & Associates (212-5993700) negotiated a lease with Shake Shack for 2,600 sq.ft. of ground-floor space, as well as additional lower level space, along Fulton Street in Brooklyn, NY.

SILBERT REALTY & MANAGEMENT COMPANY, INC.

“Relationships Built on Results Since 1986”

Featured Retail Properties For Lease Eagle Rock Commons

Premier Community Retail Center

Borough of Roseland, NJ Essex County

Lilac Plaza - New Construction Approved Freestanding & Multi-Tenant Retail Buildings

City of Newark, NJ Essex County

Englewood South Phase II 60,000 SF Retail Mixed-Use Luxury Development City of Englewood, NJ Bergen County

The Avenue at South Orange

Mid-Rise Apartment Building with Ground Floor Commercial

Village of South Orange, NJ Essex County Randolph Plaza

A&P Anchored Neighborhood Retail

Randolph Township, NJ Morris County

The Village Shoppes at Hawk Pointe ShopRite Anchored Shopping Center

Washington Township, NJ Warren County

If you are interested in discussing any of these opportunities, and or any additional assets for sale or lease, please contact us.

85A Division Avenue • P O Box 406 • Millington, NJ 07946 908.604.6900 • 908.604.2030 fax www.silbertrealestate.com • info@silbertrealestate.com page 50

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(continued on page fifty-two)


NOTHING FANCY IS GOOD BUSINESS IS GOOD BUSINESS

It’s as simple as bread and butter. At Cedar, we own, manage and operate Bread & Butter Shopping Centers ® in key locations throughout the Northeast and Mid-Atlantic Coastal states. Anchored primarily by supermarkets which are dominant in their respective markets and which have long remaining lease terms, these properties present predictable and strong cash flows. The dominant supermarkets, in turn, drive traffic for other tenants in their shopping centers. Such strength and predictability are among the necessities of business success.

Cedar Shopping CenterS, inC. DEvElOpErS, OwNErS AND MANAGErS

OF BrEAD & BUTTEr SHOppING CENTErS®

www.cedarshoppingcenters.com


Lease Signings (continued from page fifty)

Welco Realty, Inc. (914-576-7500) negotiated leases with XSRE for 20,000 sq.ft. and with Marshalls Shoe Megashop for 10,000 sq.ft. at Paramus Town Square, located along Route 17 in Paramus, NJ. Cotenants at the center include Michaels, buybuy Baby, Golfsmith, Chef Central, Dick’s Sporting Goods and Ramsey Outdoor. Soloff Realty & Development, Inc. 834-0400) negotiated a 10-year with Advance Auto for 5,625 along Washington Avenue in Philadelphia, PA.

(610lease sq.ft. South

NAI Friedland (914-968-8500) negotiated the following leases throughout Bronx, NY: with Little Caesar’s for 1,100 sq.ft. along West Kingsbridge Road; with PLS Check Cashers of NY for 1,430 sq.ft. along East 204th Street, and with Broadway Curtains for 3,000 sq.ft. at Cross Bronx Plaza, located along East 174th Street. The Shopping Center Group (256-534-7555) negotiated a seven-year lease with Star Super Market for 60,000 sq.ft. at the intersection of Bailey Cove Road and Weatherly Road in Huntsville, AL. A Star Discount Pharmacy will also tenant the property.

Running into deadends? Retail real estate deals can be full of unexpected roadblocks. Well versed in all facets of retail real estate law, Meislik & Meislik serves national, regional and local commercial property owners, lenders, investors and tenants. We navigate our clients through the most complex twists and turns of retail real estate transactions.

Ira Meislik, managing principal of Meislik & Meislik has been named to the 2009 BTI Client Service All-Star Team. This award celebrates the 176 attorneys identified by Fortune 1000 companies as providing outstanding client service.

973 783-3000 • www.meislik.com Montclair, New Jersey

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Dealmakers

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Block & Co., Inc. (816-753-6000) negotiated the following leases: with T-Mobile for 1,395 sq.ft at Summit Fair Shopping Center, located at the intersection of 50 Highway and Chipman Road in Lee’s Summit, MO; with Batteries Plus for 1,728 sq.ft. along Star Drive in Liberty, MO; with RadioShack for 1,923 sq.ft. along West 65th Street in Shawnee, KS and 2,728 sq.ft. along West 119th Street in Overland Park, KS; with Orange Leaf Frozen Yogurt for 1,980 sq.ft. at the intersection of 6th Street and Wakarusa Drive in Lawrence, KS; with Allure Nail Supply for 2,200 sq.ft. at the intersection of 31st Street and Iowa Street in Lawrence, KS, and with Noodles & Co. for 2,354 sq.ft. along Metcalf Avenue and 2,500 sq.ft. at the intersection of 91st Street and Metcalf Avenue in Overland Park, KS, 2,500 sq.ft. along State Line Road in Prairie Village, KS, and 2,800 sq.ft. along Independence Center Drive in Independence, MO. Mid-America Real Estate – Wisconsin, LLC (414-273-4600) negotiated a lease with Papa Murphy’s Take N Bake Pizza for 1,610 sq.ft. at Watertown Square, located along Church Street in Watertown, WI. The company also negotiated a lease extension with Lake Country Hair Design for 1,800 sq.ft. at Cottonwood Plaza, located along Cottonwood Avenue in Hartland WI. The company also negotiated a lease with GNC for 2,300 sq.ft. at Oshkosh Center II, located along South Koeller Road in Oshkosh, WI. The company also negotiated a lease with Anna’s Linens for 8,243 sq.ft. at West Allis Towne Center, located at the intersection of 70th Street and Greenfield Avenue in West Allis, WI. The company represented the landlord in the transactions. Taylor Long Properties (804-864-9788) negotiated a 10-year lease with Shear Image for 2,100 sq.ft. at Hancock Village Center, located along Hancock Village Drive in Chesterfield, VA. The company also negotiated a 10-year lease with Carquest Auto Parts for 7,200 sq.ft. along Bensley Common Boulevard in Richmond, VA. Lamar Cos. (973-285-0660) negotiated a lease with Variety Wholesalers, Inc. for a 72,522 sq.ft. Roses at Kennywood Shops Shopping Center, located at the intersection of Hoffman Boulevard/State Route 837 and Kennywood Boulevard in Pittsburgh, PA. The center is anchored by Giant Eagle. Gotham Organization (212-599-0520) negotiated a 10-year lease with Chop’t Creative Salad Co. for 3,750 sq.ft. along West 42nd Street in New York, NY. DM


Lead Sheet Lids Scott Molander 7555 Woodland Drive Indianapolis, IN 46278 317-334-9428, Fax 317-472-8282

Accessories The company operates locations nationwide and throughout Canada. The hat stores occupy spaces of 500 sq.ft. to 1,000 sq.ft. in airports, malls, train stations and entertainment and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. For additional information regarding expansion east of the Mississippi River, contact Dick Proffitt, and for additional information regarding expansion west of the Mississippi River, contact Craig Siegel.

AutoZone, Inc. dba AutoZone PO Box 2198 Memphis, TN 38101 Fax: 901-495-8969 Web site: www.autozonerealestate.com

Automotive The 4,600-unit chain operates locations nationwide and throughout Mexico and Puerto Rico. The automotive parts and accessories shops occupy spaces of 5,400 sq.ft. to 7,200 sq.ft. in freestanding locations and inline spaces of shopping centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. For more information regarding expansion throughout AZ, CA (excluding Los Angeles, Orange, San Diego and Ventura counties); CO, ID, MT, ND, NE, NM, NV, OK, OR, SD, TX (excluding the Houston and Corpus Christi metropolitan areas), UT, WA, WY and Puerto Rico, contact Brad Denzin, 901-495-8904; Email: brad.denzin@autozone.com. For more information regarding expansion throughout AL (Birmingham and all areas south thereof only), AR, DE, FL (the Tallahassee metropolitan area and all areas west thereof only), IA, IL, IN, KS, KY, LA, MD, MI, MN, MO, MS, OH, western PA, TN (the Memphis metropolitan area only), TX (the Houston and Corpus Christi metropolitan areas only), VA, WI, WV and Washington, DC, contact Kendrick Hickman, 901-495-8921; Email: kendrick.hickman@autozone.com. For more information regarding expansion throughout AL (north of Birmingham only), CA (Los Angeles, Orange, San Diego and Ventura counties only), CT, FL (excluding the Tallahassee metropolitan areas and west thereof), GA, MA, ME, NC, NH, NJ, NY, eastern PA, RI, SC, TN (excluding the Memphis metropolitan area and VT, contact Chad Horton, 901-495-8753; Email: chad.horton@autozone.com. For more information regarding expansion throughout Mexico, contact Hector Gomez Serna, Carretera Nacional KM269-A, Colonia la Estanzuela, 64988 Monterrey, Nuevo Leon, Mexico; 011-52-81-8155-7207, Fax 011-52-81-8155-7245; Email: hector.gomez@autozone.com.

Russell Speeder’s Mike Shullman 297 Main Avenue Norwalk, CT 06851 203-249-2694, 203-972-9354

Automotive The 18-unit chain operates locations throughout AZ, CA, CT, FL, IA, IL, NE and OH. The car wash facilities occupy spaces of 3,500 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 30 years with options. A vanilla shell is required. Preferred cotenants include supermarkets. Preferred demographics include a population of 11,000 within one mile earning $35,000 as the average household income.

Books-A-Million, Inc. dba Books-A-Million, Books & Co. and Bookland Sharon Sprague 402 Industrial Lane Birmingham, AL 35211 205-942-3737, Fax 205-942-2147 Email: spragues@bamm.com Web site: www.booksamillioninc.com

Books The 200-unit chain operates locations throughout AL, AR, FL, GA, IL, IN, KS, KY, LA, MD, MO, MS, NC, NE, NJ, OH, OK, PA, SC, TN, TX, VA, WV and Washington, DC. The book stores occupy spaces of 12,000 sq.ft. to 15,000 sq.ft. in malls and power centers. Growth opportunities are sought throughout the eastern region of the U.S. during the coming 18 months. Typical leases run 10 years with options. Specific improvements and a turnkey are required. Preferred demographics include a population of 50,000 within five miles earning $60,000 as the average household income. The company prefers to locate in centers with a GLA of 500,000 sq.ft. to two million sq.ft.

T.L.E. Holding Corp. dba The Learning Experience Nick Vanella or Essie Kronstat 4855 Technology Way, Suite 700 Boca Raton, FL 33431 561-886-6400 Ext. 273/294, Fax 561-886-6433 Emails: nvanella@tlecorp.com and ekronstat@tlecorp.com Web site: www.thelearningexperience.com

Childcare The 90-unit chain operates locations throughout AZ, CA, CO, CT, FL, GA, MA, MI, MN, NC, NJ, NY, PA, TX and VA. The childcare learning centers occupy spaces of 10,000 sq.ft. to 11,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets, excluding CA and MI, during the coming 18 months. Typical leases run 15 years with two, five-year options. A turnkey and buildto-suit are required. Preferred demographics include a population of 75,000 within five miles earning $75,000 as the average household income. The company prefers to locate in high-visibility retail areas with an average daily traffic count of 15,000 vehicles and is franchising. For more information regarding expansion throughout AZ, CO, CT, GA, MN, NJ, OH, TX and VA, contact Essie Kronstat. For more information regarding expansion throughout FL, IL, MA, NC, NJ, NY and PA, contact Nick Vanella.

Ulta Beth Lamport c/o Breslin Realty Development Corp. 500 Old Country Road, Suite 200 Garden City, NY 11530 516-741-7400 Ext. 248, Fax 516-741-7128 Email: blamport@breslinrealty.com Web site: www.breslinrealty.com

Cosmetics The 356-unit chain operates locations nationwide throughout 38 states. The stores occupy spaces of 10,500 sq.ft. in freestanding locations and inline spaces of power centers. Growth opportunities are sought throughout Brooklyn, Queens, Staten Island and Nassau and Suffolk counties in NY during the coming 18 months, with representation by Breslin Realty Development Corp. Typical leases run 10 years.

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December 10, 2010

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Lead Sheet Belk, Inc. dba Belk Department Stores Greg Wilson 2801 West Tyvola Road Charlotte, NC 28217-4500 704-357-1000, Fax 704-357-1896 Web site: www.belk.com

Department Store The 300-unit chain operates locations throughout AL, AR, FL, GA, IN, KY, LA, MD, MI, MO, MS, NC, OK, SC, TN, TX, VA and WV. The department stores occupy spaces of 66,000 sq.ft. to 132,000 sq.ft. in malls and lifestyle and power centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 20 years. Major competitors include Dillards and JCPenney. The company prefers to build sites.

Discount Retail Store Services dba Dollar Store Services, Discount Party Stores, The Mail Box Stores, Teen Discount Zone and Discount Clothes Store Roger McNeece 5075 West Diablo Drive, Suite 200 Las Vegas, NV 89118 Web site: www.dollarstoreservices.com

Discount The 1,900-unit chain operates locations nationwide. The stores, offering discounted general merchandise items, occupy spaces of 1,000 sq.ft. to 12,000 sq.ft. Growth opportunities are sought nationwide during the coming 18 months. The company prefers to locate in groceryanchored big box centers. Typical leases run three years with three-year options. A vanilla shell is required. Major competitors include 99 Cents Stores, Party America, Claire’s and Dollar Tree.

Americlean Dry Cleaning Centers, Inc. dba Americlean Dry Cleaners Rory Sprague 600 Fairway Drive, Suite 105 Deerfield Beach, FL 33441 800-949-6016, Fax 954-354-5556 Web site: www.americleancorp.com

Dry Cleaners The 6,000-unit chain operates locations nationwide and throughout Puerto Rico. The dry cleaners occupy spaces of 1,000 sq.ft. to 2,500 sq.ft. in endcaps and inline spaces of strip centers. Growth opportunities are sought throughout CA, FL, IL, IN, MD, NC, NV, SC, TX and VA during the coming 18 months. Typical leases run 10 years with two, five-year options. A vanilla shell and specific improvements are required. Preferred cotenants include drug and grocery stores and hair and nail salons. Preferred demographics include a population of 60,000 within five miles earning $65,000 as the average household income.

Edward Jones Neil Denenberg c/o Denenberg Realty Advisors 230 Commercial Street Boston, MA 02109 617-720-5656, Fax 617-720-5676 Email: neil@denenbergrealty.com Web sites: www.edwardjones.com and www.denenbergra.com

Finance The 10,000-unit chain operates locations nationwide and internationally. The investment firms occupy spaces of 1,000 sq.ft. to 1,200 sq.ft. in strip centers. Growth opportunities are sought throughout MA during the coming 18 months, with representation by Denenberg Realty Advisors. The company will also consider locations in office complexes.

Anytime Fitness Tom Schrump 12181 Margo Avenue South Hastings, MN 55033 800-704-5004, Fax 651-438-5099 Email: tom@freadvisors.com Web site: www.anytimefitness.com

Fitness The 1,500-unit chain operates locations nationwide. The fitness centers occupy spaces of 2,500 sq.ft. to 6,000 sq.ft. in neighborhood, power and strip centers. Plans call for 800 openings throughout the existing market during the coming 18 months. Typical leases run five years. A vanilla shell is required. The company is franchising.

Great Play 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

Fitness The four-unit chain operates locations in AZ, CT, NY and WA. The children’s gyms occupy spaces of 3,000 sq.ft. to 4,000 sq.ft. in power and strip centers. Growth opportunities are sought throughout Fairfield County, CT and Westchester County, NY during the coming 18 months, with representation by Royal Properties, Inc. A vanilla shell is required.

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Lead Sheet 1-800-Flowers.com dba 1-800-Flowers Brian McGee One Old Country Road, Suite 500 Carle Place, NY 11514-1847 516-237-6000, Fax 516-237-4942 Email: bmcgee@1800flowers.com Web site: www.1800flowers.com

Florist The 150-unit chain operates locations throughout AZ, CA, FL, GA, MA, MI, NC, NJ, NY and TX. The florists occupy spaces of 1,000 sq.ft. to 1,800 sq.ft. in freestanding locations and strip centers. Plans call for 35 openings throughout the existing markets during the coming 18 months. Typical leases run five years. A vanilla shell is required. Preferred cotenants include supermarkets. Preferred demographics include a population of 75,000 within three miles earning $75,000 as the average household income. The company is franchising.

Bargains in a Box Tony Kahan c/o KB Real Estate, Inc. 790 Frontage Road, Suite 315 Northfield, IL 60093 847-441-4424 Email: tkahan@kbrealestate.com Web site: www.kbrealestate.com

General Merchandise The four-unit chain operates locations throughout Chicago, IL. The stores, offering general merchandise items, occupy spaces of 8,000 sq.ft. to 10,000 sq.ft. in strip centers. Plans call for one to two openings in Chicago, IL and the surrounding suburbs during the coming 18 months, with representation by KB Real Estate, Inc. Preferred demographics include a trade-area population earning $40,000 to $75,000 as the median household income. The company prefers to locate in areas with prominent signage, parking and visibility.

NYJ, Inc. dba Gold Valley Jewelers, Italian Gold and New York Jewelry Mohammad Saleh 108 West Club Boulevard Durham, NC 27701 919-286-9418, Fax 919-286-7937

Jewelry The 26-unit chain operates locations throughout AL, FL, IL, NC, SC, TX and VA. The jewelry stores occupy spaces of 1,500 sq.ft. in malls. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run five to 10 years. Specific improvements are required. Preferred cotenants include Lord & Taylor.

Portrait Innovations Jayson Siano c/o CB Richard Ellis 88 Froehlich Farm Boulevard Woodbury, NY 11797 516-714-2712, Fax 516-364-6943 Email: jayson.siano@cbre.com Web site: www.cbre.com

Photo The 177-unit chain operates locations nationwide throughout 43 states. The photography studios occupy spaces of 2,000 sq.ft. to 3,000 sq.ft. in lifestyle, power, specialty and strip centers. Plans call for 10 openings throughout NY during the coming 18 months, with representation by CB Richard Ellis.

Crocs Steven Greenberg or Rich Johnson c/o The Greenberg Group 1200 West Broadway Hewlett, NY 11557 516-295-0406 Email: rjohnson@thegreenberggroup.com

Shoes The 75-unit chain operates locations nationwide and internationally. The shoe stores occupy spaces of 1,000 sq.ft. to 1,500 sq.ft. in malls and 2,500 sq.ft. in outlet centers. Growth opportunities are sought nationwide during the coming 18 months, with representation by The Greenberg Group.

H.H. Brown Retail, Inc. dba Super Shoes Jeff Tate c/o Macro Retailing, Inc. 1525 Lincoln Way East Chambersburg, PA 17202 717-496-8674 Email: tatej@hhbrown.com

Shoes The 42-unit chain operates locations throughout MD, ME, NH, NY, PA, VA and VT. The stores, offering footwear and accessories for men, women and children, occupy spaces of 16,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months, with representation by Macro Retailing, Inc.

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Lead Sheet LA Boxing Florian Suserman c/o The Goldstein Group 45 Eisenhower Drive Paramus, NJ 07652 201-703-9700 Ext. 23, Fax 201-703-9678 Email: fsuserman@thegoldsteingroup.com Web sites: www.thegoldsteingroup.com and www.laboxing.com

Specialty The 60-unit chain operates locations nationwide throughout 23 states. The fitness centers, offering boxing, kickboxing and martial arts classes, occupy spaces of 4,500 sq.ft. to 5,500 sq.ft. in freestanding locations and endcaps and inline spaces of shopping centers. Growth opportunities are sought east from Chicago, IL to NJ during the coming 18 months, with representation by The Goldstein Group. The company will also consider locations in central business districts.

Ron Jon Surf Shop of Florida dba Ron Jon Surf Shop Jacquie Youngs 3850 South Banana River Boulevard Cocoa Beach, FL 32931 321-799-8866, Fax 321-799-8874 Email: jacquiey@rjss.com Web site: www.ronjons.com

Specialty The eight-unit chain operates locations throughout FL, NJ and SC. The stores, offering surfboards and related apparel and equipment, occupy spaces of 8,000 sq.ft. to 15,000 sq.ft. in malls and entertainment and tourist centers. Growth opportunities are sought throughout TX and VA during the coming 18 months. Typical leases run five years. A vanilla shell is required. Preferred cotenants include tourist-based and entertainment retailers. Preferred demographics include a population of 200,000 within 10 miles earning $70,000 as the average household income. Major competitors include Zumiez, Tilly’s, Hollister and PacSun.

Tractor Supply Co. Clay Teter 200 Powell Place Brentwood, TN 37027 615-440-4764, Fax 615-484-4764 Email: cteter@tractorsupply.com Web site: www.tractorsupply.com

Specialty The 985-unit chain operates locations nationwide, excluding AK, AZ, CO, NV, UT and WY. The stores, offering farm and ranch supplies, occupy spaces of 19,000 sq.ft. to 27,000 sq.ft. in freestanding locations and endcaps of strip centers. Plans call for 110 to 130 openings throughout the existing markets during the coming 18 months. Typical leases run 10 to 15 years. Specific improvements are required. Preferred cotenants include big box general merchandise retailers. Major competitors include regional farm store chains. The company requires a 15,000 sq.ft. outdoor display area.

U-Save Auto Rental of America, Inc. dba U-Save Car & Truck Rental Bob Barton 4780 Interstate 55 North, Suite 300 Jackson, MS 39211 601-713-4333, Fax 601-713-4330 Email: bob.barton@usave.com Web site: www.usave.com

Specialty The 200-unit chain operates locations nationwide throughout 42 states. The auto rental centers occupy spaces of at least 500 sq.ft. in freestanding locations and mixed-use, strip and tourist centers. Growth opportunities are sought nationwide during the coming 18 months. Major competitors include Enterprise. The company is franchising.

Calendar Holdings, LLC dba Go! Games and Go! Toys Lori Lesko 6411 Burleson Road Austin, TX 78744 512-386-7220, Fax 512-369-6192 Web site: www.calendarclub.com

Temporary Tenant The 450-unit chain operates locations nationwide. Go! Games prefers to occupy spaces of 1,000 sq.ft. to 5,000 sq.ft. in inline spaces and kiosks and Go! Toys prefers to occupy spaces of 1,400 sq.ft. to 3,000 sq.ft. in inline spaces. Limited growth opportunities are sought throughout the existing market during the coming 18 months. Typical lease run six months. A vanilla shell is required.

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 56

December 10, 2010

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Dealmakers

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Visit us at ICSC New York, Hilton Hotel

Suite Nassau A Rhinelander Gallery

You Can Stop Shopping for a New Center Introducing The Gallery at Westbury Plaza – in the heart of Long Island’s shopping capital Equity One is breaking ground on what promises to be one of the premier shopping venues in the country. Located between two of the nation’s most successful shopping centers – Roosevelt Field Mall and Equity One’s Westbury Plaza – The Gallery at Westbury Plaza will be the newest addition to this shopping mecca. With 1,100 feet of frontage on Old Country Road, ample parking, and a LEED-certified design, your customers will be happy to visit you again and again. For more information about The Gallery at Westbury Plaza or our development plans for the tri-state area, please go to www.equityone.net or contact: Michael Berfield, Vice President – Development 212-796-1742 mberfield@equityone.net


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… 1 0 2 o t d r a w r o f g n i k o Lo Rep ortin g The Nat ion’ s Wee kly New s on XLIII Ret ailin g & Ret ail Rea l Esta te

Volume XXV No.

Apparel Chains Exp and

May 22-25, 2011 The Dealmakers May 27th issue

distributed at RECon The Global Retail Real Estate Convention in Las Vegas, NV, delivers your advertising message to the real decision makers. Our readers respond and our advertisers get results. SET THE STAGE Book appointments in advance by placing your ad in The Dealmakers May 13th pre-show issue, telling everyone you’re ready to make deals!

November 12, 2010

Nationwide

Eileen Fisher, Inc. FEaTuRiN trades as Eileen Fisher, g Fisher Co. Store, Eileen Fisher Boutiq Eileen Jos. A. Bank Clothiers, Inc. trades as Jos. Eileen Fisher Lab ue and Bank Clothie Store at 52 locatio ICSC Southeast Confe A. rs at 494 locations ns throughout AZ, CA, CO, CT, nationwide. The rence stores, offering men’s FL, IL, MA, MD, MI, NJ, NM, of apparel, occupy New Construction NY, OR, PA, VA, spaces 4,000 sq.ft. to 4,500 WA and Washington, Century Retail is sq.ft. in lifestyle stores, offering women DC. The special developing a and ty 375,000 centers and urban/ ’s apparel, occupy sq.ft. mixed-u of 1,000 sq.ft. to downtown areas. in Avondale Estates, se project 2,500 sq.ft. in upscal spaces Growth opportunities GA........... Pg. 3 are lifestyle centers and downtown areas. e malls, major metropolitan market sought throughout Observations & Convers opportunities are s nationwide during Growth the comin ations Pg. 4 sought nationwide g 18 months. Preferr during the includ coming 18 month ed demographics Profile s. e a population For more inform Real Estate Southea miles earning $90,00 of 150,000 within five st, LLC ....... Pg. ation, contact Karen 6 0 as the average househ Eileen Fisher, Inc., Gray, income. old Two Bridge Street, The company will Buyers & Sellers Irvington, in malls NY 10533; 914-59 also consider locatin Coyote GRF|Inv 1-5700, Fax 914-59 g and factory outlet estors, LLC Web site: www.e centers 1-8900 and . ; Garrison For more inform Investm ileenfisher.com. ation, contact Joe acquired six centers ent Group Jos. A. Bank Clothie throughout Foley, AL, GA and NC ............ rs, Inc., 500 Hanov American Eagle ........... Pg. 8 Hampstead, MD er Pike, Outfitters, Inc. 21074 trades as 443-50 ; 443-508-4871, American Eagle Thalhimer is selling Fax Outfitt 8-4799; Email: an 88,298 sq.ft. center in Richmon jfoley@jos-a-bank.co nationwide and throug ers at 950 locations Web d, VA .... Pg. 15 site: www.josbank m; hout Canada and .com. Rico. The stores, Puerto Openings offerin casual apparel, footwe g men’s and women’s Pretty Urban Outfitters Girl ar and accessories, to open in Memphis, TN ............ spaces of 6,500 occupy and NY. operates 20 locations throughout sq.ft. .............. Pg. 10 NJ The stores, offerin areas. Limited growth in malls and downtown appare g discounted juniors l, occupy spaces JCPenney to open ’ opportunities are three stores of 3,500 sq.ft. to nationwide during sought sq.ft. in during 15,000 2011........................ the outlet, strip, tourist ..... Pg. 12 company also trades coming 18 months. The as well and value centers , as as Food Retailers Expand nationwide and throug aerie at 128 locations are sought urban areas. Growth opportunities LaRosa’s plans to hout Canada. The throughout AL, IL, enter offering women stores, during NJ, NY and PA market ........................ the NC ’s intimate appare the coming ............. Pg. 13 l, spaces of 4,500 18 months, with sq.ft. in malls. Limited occupy representation by Eretz, Sources of Financin Ltd. Typical leases opportunities are growth 10 years. g sought nationwide run A vanilla shell is The Washington during the cotena coming 18 month required. Preferred provided financin Trust Co. s. nts include Target g and T.J. Maxx. Major For more inform centers in MA and for shopping competitors includ RI ............... Pg. ation, contact e Rainbow Shops, 16 Cortazzo, Americ Michael and Ross CitiTrends an Dress for Less. Exclusives 150 Thorn Hill Drive, Eagle Outfitters, Inc., For more Cypress Retail Group Warrendale, PA represents 724-779-5555, Fax 15095; Eretz, Ltd., information, contact Ellaina Dreifac retailers through th h, 724-779-5580; Web out 5916 select markets in CA ............ www.ae.com and sites: 646-457-9837 18 Avenue, Brooklyn, NY 11204; .............. Pg. 16 www.aerie.com. ; Email: ellaina@eretzltd .com. In

ThIs Issue coN TaIN

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s INformaTIo * Retailers opera ting 31,381 locati N oN: ons with plans * Real estate value to open 2,246 d in excess of $80 sites million to be boug * Leasing activit ht, sold & finan y on over 4.9 millio ced n sq.ft. of retail properties

Important News Please Expedite

Postmaster: Period

ical

the News Newmark Knight Cynthia Groves Frank hired managing director, as senior consulting.... Pg. 17

Lease Signings S.L. Nusbaum negotiated leases

Realty Co. throughout VA Pg. 18 Lead Sheet Card$mart seeking stores nationwide ............ .................. Pg. 19 Shoe Sensation to open locations throughout AR, IA, MI, OH, PA, TN and IL, IN, KY, WV ......... Pg. 22 Space Place ............ ................. Pg. 23 Most Valuable Players ............. Pg. 30

For more news go www.dealmakers. to: net Mobile Access Code: 111210_CS3.indd

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as examples of its dedication to involvement with the retail real estate industry. “When you’re such a big corporate entity, it’s not always easy to find the right person to talk to, but we’ve made a concentrated effort to make that possible. We’re growing and we’re easy to contact, easy to work with, and responsive.” For more information, contact Lesley Hawks, T-Mobile USA, Inc., 12920 Southeast 38th Street, Bellevue, WA 98006; 562-760-1611; Email: lesley.hawks@t-mobile.com; Web site: www.t-mobilerealestate.com. DM

Space Place

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UBP owns 48 properties containing over 4 million square feet. For leasing information, contact Linda Lacey x202. For acquisition information, contact Jim Aries x224.

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Visit us at 332 Americas Hall I at the ICSC NY National Conference.

Available

Phoenix – A 19,360 sq.ft. freestanding former Barnes & Noble situated on 1.48 acres at the intersection of North Metro Parkway West and 28th Drive is available. Area retail includes Metro Center Mall. For details, contact Thomas G. Mirandi, RD Management, LLC, 810 Seventh Avenue, 10th Floor, New York, NY 10019; 212-2656600 Ext. 239, Fax 212-265-8250; Email: tmirandi@rdmanagement.com; Web site: www.rdmanagement.com.

California Downey – A 36,816 sq.ft. freestanding building located along Firestone Boulevard is available. The asking rent is $7.80 psf. Dublin – A 52,180 sq.ft. freestanding building located along Clark Street is available. Fullerton – A 1,785 sq.ft. freestanding building located along Brea Boulevard is available. The asking rent is $18 psf. Orange – An 8,000 sq.ft. freestanding building located along North Tustin Avenue is available. The asking rent is $13.25 psf. For details, contact Len Weiselberg, Robert Crum, Matthew Makler, Gary Shapiro or Steven Sandelman, Kin Properties, 185 Northwest Spanish River Boulevard, 1st Floor, Boca Raton, FL 33431; 888546-7767 Ext. 112/117/118/123/124; Emails: lweiselberg@kinproperties.com, rcrum@kinproperties.com, mmakler@kinproperties.com, gshapiro@kinproperties.com and ssandelman@kinproperties.com. Los Angeles – Temple Rampart Shopping Center, located along West Temple Street, has an 870 sq.ft. space available. Cotenants include Pizza Hut. Area demographics include a population of 90,000 within one mile. The average daily traffic count is 22,000 vehicles. Santa Margarita – Mercado del Lago Shopping Center, located along Santa Margarita Parkway, has a 1,500 sq.ft. space available along with a 1,000 sq.ft. endcap. Ralph’s and Rite Aid anchor the center. Cotenants include Starbucks, Carl’s Jr., GNC, Bank of America, Taco Bell and AIM Mail Centers. The average daily traffic count is 61,000 vehicles. For details, contact Blake S. Fogel, Westwood Financial Corp., 11440 San Vicente Boulevard, Suite 200, Los Angeles, (continued on page sixty-four)

page 62

December 10, 2010

The

Dealmakers

www.dealmakers.net


New Jersey's Retail Leasing Specialists Exclusive Listings in New Jersey eXIsTING ceNTers for Lease

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19

miracle mall romeo Plaza romeo Plaza romeo Plaza Wood Gym Playhouse Toys r us

GLa In Line

east Brunswick sayreville Jackson middletown Green Brook elizabeth

WoW Plaza former computer store

Washington Twp. metuchen

aVI Building manalapan epi centre Petsmart center Velocity sublease romeo Plaza strauss center Inman Grove shopping center freestanding Bldg, route 10 edison commons fYe Building Jackson square

Little falls manalapan union Tinton falls aberdeen Neptune edison roxbury edison union Jackson

ToTaL sQ. fT.

sQ. fT.

aVaILaBLe

100,000 10,000 40,000 80,000 28,000 74,000

10,000

to

12,000 1,200

1,600

to

4,200 1,200

4,960 460,000 47,140 16,612 10,000 17,350 160,000 6,700 15,550 8,628 22,850

1,850

to

4,960 6,300 24,844 16,612 1,883 6,500 2,000 6,700 15,550 8,628 9,262

800 to 1,140 and 14,000 to

2,000 to 1,600 and 1,500 to 900 to 1,720

to

1,114,990

64,000 1,600 5,750 2,000 28,000 27,000

236,989

uNDer coNsTrucTIoN

20 summerhill square

east Brunswick

ToTaL sQ. fT.

193,600

1,200

to

193,600

60,000 60,000

IN aPProVaLs sTaGe

21 22 23 24

The commons at marlboro Woodhaven Plaza retail site available fmr. hi fi stereo store

marlboro old Bridge colts Neck eatontown

ToTaL sQ. fT.

75,000 117,800 12,134 8,000

2,000 1,500 1,635 2,000

to to to to

212,934

54,000 80,000 12,134 8,000 154,134

ProPerTIes for saLe or GrouND Lease

25 26 27 28 29 30 31 32 33 34

Ground Lease, rt. 35 & holmdel rd. Vacant Land Pathmark Pad, rt. 18 3 combined Bldgs, 848 rt. 1 4 Pads for Ground Lease Vacant Land freestanding Bldg., 1649 stelton rd. Wood Gym Bldg. & Property Big Wally's small strip center Wendy's, rt. 9 N class "c" Liquor License

hazlet east Brunswick Woodbridge Kearny clark Piscataway Green Brook sayreville marlboro manalapan

ToTaL sQ. fT.

1.1 ac. + 8,000 sf 4,200; 1,400 & 1,200 sf .75 ac. + Various 4,000 & 10,000 sf 2.45 ac. + 1,200 sf .44 ac. + 28,000 sf 4.10 ac. + 1.00 ac. + 1,200 sf 38,400

GraND ToTaL sQ. fT.

0

1,559,924

1,462,724

TeNaNT/BuYer rePreseNTaTIoN ac moore Belzano's european cafĂŠ Dollar Tree european Wax center houlihan's

Jersey mike's Joe canal's Just cabinets Kona Grill massage envy

monster mini Golf muscle maker Grill Primrose Day care Play'nTrade Video Games red robin

sally Beauty 6th ave electronics Turning Point Toys r us/Babies r us Trader Joe's

uLTa Beauty Wolfgang Puck Bistro Work out World

Call Us For Details... Tel 732/721-5800 Fax 732/721-9241 www.njretailrealty.com 400 Perrine Road, Suite 405, Old Bridge, NJ 08857 JOiN uS aT THE iCSC NEW YORK NaTiONaL CONFERENCE and DEaLMaKiNg DECEMBER 6-7,2010 - BOOTH 315 a Proud Member of Realty Resources


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Space Place California

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CA 90049; 310-820-5443 Ext. 307; Email: forlease@westfin.com; Web site: www.westfin.com.

Colorado Northglenn – A 56,040 sq.ft. freestanding building located along West 104th Avenue is available. The asking rent is $4.95 psf. For details, contact Len Weiselberg, Robert Crum, Matthew Makler, Gary Shapiro or Steven Sandelman, Kin Properties, 185 Northwest Spanish River Boulevard, 1st Floor, Boca Raton, FL 33431; 888546-7767 Ext. 112/117/118/123/124; Emails: lweiselberg@kinproperties.com, rcrum@kinproperties.com, mmakler@kinproperties.com, gshapiro@kinproperties.com and ssandelman@kinproperties.com.

Connecticut Avon – Nod Brook Mall has spaces available from 600 sq.ft. to 7,000 sq.ft. Cotenants include Michaels, Fresh Markets and Marshalls. Derby – ShopRite Plaza, located along Pershing Drive, has spaces available from 3,800 sq.ft. to 9,600 sq.ft. ShopRite anchors the center and cotenants include Petland, Pay Half and Advance Auto. Newington – Jo-Ann’s Plaza, located along Berlin Turnpike, has a 1,500 sq.ft. space available. Jo-Ann Fabrics anchors the center and cotenants include Big Lots, Modell’s, Planet Fitness and T-Mobile. Norwalk – ShopRite Plaza, located along Route 1, has spaces available from 2,500 sq.ft. to 20,000 sq.ft. ShopRite anchors the center and cotenants include Barnes & Noble, GameStop, GNC and The UPS Store. Also, Center Seven, located along Route 7/Main Avenue, has spaces available from 1,400 sq.ft. to 4,300 sq.ft. Cotenants include Starbucks, Quiznos and Citibank. Also, Walmart Center, located along Route 7/Main Avenue, has spaces available from 3,200 sq.ft. to 7,000 sq.ft. Walmart anchors the center and cotenants include Staples, Hallmark and Bank of America. Orange – Firelite Shopping Center, a mixed-use center, has spaces available from 800 sq.ft. to 4,000 sq.ft. along with a 1,500 sq.ft. pad site. Stamford – ShopRite Plaza, located along Route 1, has spaces available from 2,000 sq.ft. to 4,000 sq.ft. ShopRite anchors the center and cotenants include Dunkin’ Donuts and Subway. For details, contact Royal Properties, Inc., 850 Bronx River Road, Bronxville, NY page 64

December 10, 2010

The

Connecticut

Florida

10708; 914-237-3403, Fax 914-237-0196; Web site: www.royalpropertiesinc.com.

For details, contact Len Weiselberg, Robert Crum, Matthew Makler, Gary Shapiro or Steven Sandelman, Kin Properties, 185 Northwest Spanish River Boulevard, 1st Floor, Boca Raton, FL 33431; 888546-7767 Ext. 112/117/118/123/124; Emails: lweiselberg@kinproperties.com, rcrum@kinproperties.com, mmakler@kinproperties.com, gshapiro@kinproperties.com and ssandelman@kinproperties.com.

Enfield – Enfield Commons, a 252,096 sq.ft. center located along Hazard Avenue, has a 15,000 sq.ft. pad site available along with a divisible space of 4,000 sq.ft. Cotenants include Petco, Aldi, Five Below, Michaels, Office Depot, Old Navy, Marshalls, Barnes & Noble, Bob’s Stores, Ocean State Job Lot, Olive Garden and Red Robin. Area retail includes Stop & Shop, Marshalls, Staples, Pier 1 Imports, Bed Bath & Beyond, Target, JCPenney, Macy’s, Sears, Famous Footwear, Kohl’s, Best Buy, Home Depot, Dick’s Sporting Goods and Costco. Area demographics include a population of 344,125 within 10 miles earning $66,744 as the average household income. For details, contact Lee Zekaria, Paramount Realty Services, Inc., 1195 Route 70, Lakewood, NJ 08701; 732-961-8132, Fax 732-886-1690; Email: lzekaria@prs-nj.com; Web site: www.prs-nj.com. Meriden – Townline Square, a 316,000 sq.ft. center located along Route 5, has a 36,242 sq.ft. space available. Burlington Coat Factory and Old Navy anchor the center. For details, contact Linda Lacey or Jim Aries, Urstadt Biddle Properties, Inc., 321 Railroad Avenue, Greenwich, CT 06830; 203-863-8200 Ext. 202/224, Fax 203-8616755; Web site: www.ubproperties.com.

Delaware Seaford – Sussex Plaza has a 2,992 sq.ft. space available. For details, contact Beverly Keith, Rivercrest Realty Investors, 8816 Six Forks Road, Suite 201, Raleigh, NC 27615; 919-518-2000, Fax 919-424-0001; Email: bkeith@rivercrestrealty.com; Web site: www.rivercrestrealty.com.

Florida Altamonte Springs – A 4,800 sq.ft. freestanding building located along East Altamonte Drive is available. The asking rent is $9.50 psf. Lakeland – A 7,200 sq.ft. freestanding building located along East Memorial Boulevard is available. The asking rent is $6.95 psf. Pinellas Park – A 1,920 sq.ft. freestanding building located along U.S. Highway 19 North is available. The asking rent is $14.50 psf. Rockledge – A 2,400 sq.ft. freestanding building located along Bougainvillea Drive is available. The asking rent is $9.75 psf. Dealmakers

www.dealmakers.net

Coral Springs – Coral Springs Court has spaces available from 600 sq.ft. to 3,000 sq.ft. Cotenants include Stonegate Bank and Huntington Learning Center. Hollywood – Hollywood Palms has spaces available from 1,340 sq.ft. to 1,550 sq.ft. Cotenants include Publix and Walgreens. Margate – Shoppes at Margate has spaces available from 1,500 sq.ft. to 13,700 sq.ft. Cotenants include Super Food Store. Pembroke Pines – Flamingo Market Place has spaces available from 1,200 sq.ft. to 9,400 sq.ft. Cotenants include Bravo and Deli Den. Also, FMS Corners has spaces available from 1,985 sq.ft. to 5,070 sq.ft. Cotenants include Quiznos, Hear X and Asian Buffet. Also, Shoppes at Pembroke has spaces available from 1,300 sq.ft. to 3,840 sq.ft. Cotenants include Michaels and Weight Watchers. For details, contact Charles Hirsch, Tom LiPuma or Rubin Pikus, Milbrook Properties, Ltd., 42 Bayview Avenue, Manhasset, NY 11030; 516-869-1240, Fax 516-869-8576; Emails: chirsch@milbrookproperties.com, tjlipuma@milbrookproperties.com and rpikus@milbrookproperties.com; Web site: www.milbrookproperties.com. Fern Park – Lowe’s Shopping Center, a 129,085 sq.ft. center located at the intersection of Highway 17-92 and Fernwood Boulevard, has space available. For details, contact Thomas G. Mirandi, RD Management, LLC, 810 Seventh Avenue, 10th Floor, New York, NY 10019; 212-2656600 Ext. 239, Fax 212-265-8250; Email: tmirandi@rdmanagement.com; Web site: www.rdmanagement.com. Ft. Myers – A 179,464 sq.ft. center located at the intersection of U.S. Highway 41/ Cleveland Avenue and Colonial Boulevard, has space available. Cotenants include Big Lots and Marshalls. Pinehills – A 263,571 sq.ft. center located at the intersection of West Colonial Drive and Deauville Drive has space available. Cotenants include Big Lots, Foot Locker, AutoZone, Floors Direct, Family (continued on page sixty-six)


Strength and Experience, lets build on it together… Indianapolis, IN

New York, NY

Holland, MI

• Felbram Plaza North • North Eastwood Shopping Center • Felbram Plaza South

Cedar Village

SoHo

Southfield, MI

East Meadow, NY

Greenfield Commons

East Meadow Commons

Detroit Market

Griffith, IN

Clifton, NJ

Griffith Park Plaza

Park Forest, IL

Norwood Square

• •

Chicago Market

St.Louis, MO

Millennium Center

• •

Botany Plaza

• • • •

• •

• ••

••

Ewing, NJ

Proposed Development

Wyncote, PA

Cedarbrook Plaza Philadelphia Market

Evansville, IN

First Diamond Plaza

Weirton, WV K-Mart Plaza

Hopkinsville, KY Park Plaza

Fayetteville, NC

Sycamore Square

Knoxville, TN

Knoxville Commons

Oakland Park, FL

Oakland Park Festival Centre

Fairfield, AL

Flintridge Centre Birmingham Market

Springfield, OH K-Mart Plaza

Hamilton, OH

Englewood, OH

Cincinnati Market

Dayton Market

Hamilton Plaza

Northmont Plaza

Canton, OH

Canton Centre

Columbus, OH Northland Plaza

With over 5 Million Square feet of retail holdings, we have available space for all needs including: • • • •

Great SUPERMARKET Backfill & New Locations Anchor & Junior Anchor Spaces Inline Stores Pad Sites & Ready Free Standing Buildings

Contact us: leasing@nassimirealty.com acquisitions@nassimirealty.com

See Us at ICSC New York, NY Booth #113 Nassimi Realty, LLC 370 Seventh Avenue Suite 1600 New York, NY 10001

T: 212.643.8080 www.nassimirealty.com T: 800.521.5208 F: 212.643.2626 E: leasing@nassimirealty.com

The Dealmakers


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Space Place Florida

(continued from page sixty-four)

Dollar and The Caribbean Restaurant. For details, contact Linda CarrickWarfield, Ram Real Estate, 1815 Griffin Road, Suite 106, Ft. Lauderdale, FL 33004; 954-874-1026, Fax 954-874-1046; Email: lwarfield@ramrealestate.com; Web site: www.ramrealestate.com. Miami-Dade County – Kendall Village Center, a 322,557 sq.ft. center located at the intersection of North Kendall Drive and Florida Turnpike, has spaces available from 1,570 sq.ft. to 3,000 sq.ft. Cotenants include Old Navy, Gap, Famous Footwear, Payless ShoeSource, Bahama Breeze, Chuck E. Cheese’s, Gatsby’s, LA Fitness, Pier 1 Imports, Kendall Village Diner, Lane Bryant, Justice, The Vitamin Shoppe, Ann Taylor Loft and On the Border. Area demographics include a population of 459,654 within five miles earning $77,793 as the average household income. The average daily traffic count is 208,000 vehicles. The asking rent is $30 psf NNN. For details, contact Berkowitz Development Group, 2665 South Bayshore

page 66

December 10, 2010

The

Florida

Illinois

Drive, Suite 1200, Coconut Grove, FL 33133; 305-854-2800, Fax 305-859-8300; Web site: www.berkowitzdevelopment.com.

Eggsperience Breakfast and Lunch Café, Blufish Sushi, Trader Joe’s, Houlihan’s, Chico’s, Lenscrafters Optique, Jos. A. Bank, Kriser’s, Indira Salon & Spa and Jason’s Deli. For details, contact Kitsy Ritter or Marget Graham, Mid-America Real Estate Group; 630-954-7220/7307; Emails: kitsyr@midamericagrp.com and mgraham@midamericagrp.com; Web site: www.midamericagrp.com.

Georgia Marietta – A 5,400 sq.ft. freestanding building located along Canton Road is available. The asking rent is $11.50 psf. For details, contact Len Weiselberg, Robert Crum, Matthew Makler, Gary Shapiro or Steven Sandelman, Kin Properties, 185 Northwest Spanish River Boulevard, 1st Floor, Boca Raton, FL 33431; 888546-7767 Ext. 112/117/118/123/124; Emails: lweiselberg@kinproperties.com, rcrum@kinproperties.com, mmakler@kinproperties.com, gshapiro@kinproperties.com and ssandelman@kinproperties.com.

Illinois Park Ridge – Uptown Park Ridge, a mixeduse center located at the intersection of Touhy Avenue and Northwest Highway, has space available. Cotenants include

Dealmakers

www.dealmakers.net

Indiana Indianapolis – Lafayette Shoppes and Georgetown Plaza, two shopping centers located at the intersection of West 38th Street and Georgetown Road, have spaces available from 1,890 sq.ft. to 19,260 sq.ft. Uncle Bill’s Pet Center, Casual Male and Value World anchor the centers. Area retail includes Walmart, Staples, Target, Shoe Carnival, Garden Ridge and Burlington Coat Factory. Area demographics include a population of 634,359 within 10 miles earning $63,793 as the average household income. The average (continued on page sixty-eight)


You’re in good company...

The Bay Terrace Shopping Center Corner of Bell Blvd. & 26th Ave. Bayside, NY

e l b a l Avai for e c a p S e s a e L

tate s E l a e R e Prim

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plus many others... For more information please contact:

Cord Meyer Development LLC Patricia Walsh: 718.947.7110 or pwalsh@cordmeyer.com

www.cordmeyer.com

www.bayterrace.com


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Space Place Indiana

Kansas

Maryland

daily traffic count is 52,000 vehicles. For details, contact Drew Kelly, The Broadbent Co., 117 East Washington Street, Suite 300, Indianapolis, IN 46204; 317-2372900; Email: dkelly@broadbentco.com; Web site: www.broadbentcompany.com.

1st Floor, Boca Raton, FL 33431; 888546-7767 Ext. 112/117/118/123/124; Emails: lweiselberg@kinproperties.com, rcrum@kinproperties.com, mmakler@kinproperties.com, gshapiro@kinproperties.com and ssandelman@kinproperties.com.

Emails: lz@prs-nj.com, mlevy@prs-nj.com and njohnson@prs-nj.com; Web site: www.prs-nj.com.

Iowa

Kentucky

Clive – University Park has space available. Toys “R” Us and Jo-Ann Fabrics anchor the center. For details, contact Nathan Tonnies, DLC Management Corp.; 877-701-1700; Email: ntonnies@dlcmgmt.com; Web site: www.dlcmgmt.com/midwest.

Lexington – Fayette Place has space available. Marshalls and Shoe Carnival anchor the center. For details, contact Nathan Tonnies, DLC Management Corp.; 877-701-1700; Email: ntonnies@dlcmgmt.com; Web site: www.dlcmgmt.com/midwest.

Kansas

Maryland

Topeka – A 6,547 sq.ft. freestanding building located along West 10th Street is available. The asking rent is $7.50 psf. For details, contact Len Weiselberg, Robert Crum, Matthew Makler, Gary Shapiro or Steven Sandelman, Kin Properties, 185 Northwest Spanish River Boulevard,

Berlin – Ocean Landings II, a power center located along Route 50 in Berlin, MD, has space available. Cotenants include Walmart Supercenter and Home Depot. For details, contact Lee Zekaria, Morris Levy or Nichole Johnson, Paramount Realty Services, Inc.; 732-961-8132/8116/8123;

(continued from page sixty-six)

WANTED 10 0 to 20 Acres near Retail Centers in VA NC, NC SC and d GA VA, Seeking to acquire land for apartment development near new and proposed retail sites.

We build and manage over 6,000 apartments in the Southeast. Bring this ad when you visit one of our properties to receive a rental discount * visit www.palms.net for more info * Contact: THE SIMON COMPANIES | Ben Simon or Kevin Tucker (757) 340-3669 | Fax: (757) 631-9155 | Email: bsimon@palms.net page 68

December 10, 2010

The

Dealmakers

www.dealmakers.net

Massachusetts Beverly – Appleseed’s Square, located along Route 1A/Dodge Street, has a divisible space of 3,391 sq.ft. available. Cotenants include Appleseed’s Outlet, Country Curtains and North Shore Bank. Malden – A parcel located along Route 99/Broadway is available for ground lease. Area retail includes Lowe’s Home Improvement, LA Fitness, Dunkin’ Donuts and CVS. For details, contact Andrew Perlman, Conviser Property Group, Inc., 858 Washington Street, Dedham, MA 02026; 781-320-0600 Ext. 5; Email: andrew@conviserpg.com. Billerica – Billerica Shopping Center, a 275,000 sq.ft. center located at the intersection of Route 3A/Boston Road and Tower Farm Road, has an anchor space available. Kmart and DeMoulas Supermarket anchor the center. Milford – Kmart Shopping Center, a 140,470 sq.ft. center located at the intersection of Interstate 495, Medway Street and Beaver Street, has space available. Kmart and Dollar Tree anchor the center. For details, contact Thomas G. Mirandi, RD Management, LLC, 810 Seventh Avenue, 10th Floor, New York, NY 10019; 212-2656600 Ext. 239, Fax 212-265-8250; Email: tmirandi@rdmanagement.com; Web site: www.rdmanagement.com. Brighton – A 4,000 sq.ft. former Black & Decker situated on 0.35 acres at the intersection of Western Avenue and Leo J. Birmingham Parkway is available. The average daily traffic count is 50,000 vehicles. The asking rent is $43 psf NNN. Framingham – An 1,100 sq.ft. lower-level space located at the intersection of Route 9 and Vernon is available. The asking rent is $12 psf. For details, contact Centre Realty Commercial, 15 Cypress Street, Newton Centre, MA 02459; 617-393-4200; Email: commercial@centrerealtycommercial.com; Web site: www.centrerealtycommercial.com.

Michigan Commerce – A 125,490 sq.ft. freestanding building located along Union Lake Road is available. The asking rent is $5 psf. Sterling Heights – A 1,700 sq.ft. freestanding building located along Van Dyke is available. The (continued on page seventy)


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Give your leasing a lift... Our leads are your ticket

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Space Place Michigan

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asking rent is $7.50 psf. Troy – A 6,000 sq.ft. freestanding building located along Rochester Road is available. The asking rent is $10 psf. Woodhaven – A 22-acre parcel located along West Road is available. For details, contact Len Weiselberg, Robert Crum, Matthew Makler, Gary Shapiro or Steven Sandelman, Kin Properties, 185 Northwest Spanish River Boulevard, 1st Floor, Boca Raton, FL 33431; 888546-7767 Ext. 112/117/118/123/124; Emails: lweiselberg@kinproperties.com, rcrum@kinproperties.com, mmakler@kinproperties.com, gshapiro@kinproperties.com and ssandelman@kinproperties.com.

Minnesota St. Paul – Midway Shopping Center, a 280,353 sq.ft. center located at the intersection of University Avenue and Snelling Avenue, has a 40,262 sq.ft. anchor space available. Rainbow Foods, OfficeMax and Walgreens anchor the center. For details, contact Thomas G. Mirandi, RD Management, LLC, 810 Seventh Avenue, 10th Floor, New York, NY 10019; 212-2656600 Ext. 239, Fax 212-265-8250; Email: tmirandi@rdmanagement.com; Web site: www.rdmanagement.com.

Nebraska Lincoln – East Park Plaza has space available. Russ’s Market anchors the center. For details, contact Nathan Tonnies, DLC Management Corp.; 877-701-1700; Email: ntonnies@dlcmgmt.com; Web site: www.dlcmgmt.com/midwest.

Leasing Leads Via Targeted Direct Mail for shopping centers, office & medical bldgs.

Omaha – Frederick Square, a 189,988 sq.ft. strip center located at the intersection of 84th Street and Frederick Street, has spaces available from 1,200 sq.ft. to 43,121 sq.ft. Shopko anchors the center. Area retail includes Westgate Plaza and Frederick Plaza. Area demographics include a population of 312,123 within five miles earning $72,204 as the average household income. The average daily traffic count is 39,700 vehicles. The asking rent ranges from $7 psf to $13.50 psf. Also, Hawthorne Building I, an 11,560 sq.ft. strip center situated on 1.95 acres at the intersection of 180th Street and Q Street, has a 1,373 sq.ft. space available. Area retail includes HyVee, Godfather’s Pizza and Scooters Coffee. Area demographics include a population of 130,023 within five miles earning $96,805 as the average household

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December 10, 2010

The

Dealmakers

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Nebraska income. The average daily traffic count is 26,200 vehicles. The asking rent is $14.50 psf. Also, West Center Place, a 13,822 sq.ft. strip center located at the intersection of 132nd Street and West Center Road, has spaces available of 1,420 sq.ft. to 4,756 sq.ft. Area retail includes Baker’s Square Plaza and Montclair Shopping Center. Area demographics include a population of 240,455 within five miles earning $89,991 as the average household income. The average daily traffic count is 70,000 vehicles. The asking rent ranges from $19 psf to $22 psf. For details regarding Frederick Square, contact Trenton Magid, Coldwell Banker Commercial World Group, 780 North 114th Street, Omaha, NE 68154; 402697-8899, Fax 402-697-8585; Email: tmagid@woldgroupllc.com; Web site: www.worldgroupllc.com. For details regarding Hawthorne Building I, contact John Luce; Email: jluce@worldgroupllc.com. For details regarding West Center Place, contact Trenton Magid or Nancy Klauschie; Email: nklauschie@worldgroupllc.com.

New Jersey Bayonne – Bayview Shopping Center, located along North Street, has spaces available from 1,750 sq.ft. to 10,000 sq.ft. A&P anchors the center and cotenants include Planet Fitness and Supersuds Laundromat. Area demographics include a population of 186,946 within three miles earning $63,095 as the average household income. Bricktown – Town & Country Shopping Center, located at the intersection of Route 70 and Shorrock Street, has spaces available of 2,800 sq.ft.; 4,350 sq.ft.; 9,800 sq.ft. and 24,000 sq.ft. Home Depot anchors the center and cotenants include McDonald’s, PetSmart and Modell’s. Area retail includes Longhorn Steakhouse, Raymour & Flanigan, La-Z-Boy, Target, Costco, ShopRite, Kohl’s, Marshalls, Bed Bath & Beyond and Best Buy. Area demographics include a population of 470,000 within 10 miles earning $74,000 as the average household income. The average daily traffic count is 56,000 vehicles. For details, contact Welco Realty, Inc., 2525 Palmer Avenue, New Rochelle, NY 10801; 914-576-7500, Fax 914-576-7596; Email: jwelkis@welcorealty.com; Web site: www.welcorealty.com. Bricktown – Town & Country Shopping Center, a 315,000 sq.ft. center located at the intersection of Route 70 and Shorrock Street, has spaces available of 1,800 sq.ft. (continued on page seventy-two)


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PReSeNTeD BY:

www.theretailnetwork.org

Join Ferrandino & son and Roux Associates as we party into the AFTER HOURs! As a thank you to our members and supporters, this is a complimentary party for TRN members and special invitees only. Please note that event admission will be handled on a first come, first serve basis given the venue’s limited capacity. No party admission without a TRN bracelet. To obtain a bracelet or for further information, please contact info@theretailnetwork.org


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and 23,700 sq.ft. along with divisible spaces of 2,800 sq.ft.; 4,400 sq.ft. and 9,800 sq.ft. Cotenants include Home Depot, Modell’s, PetSmart and McDonald’s. Eatontown – A 6,000 sq.ft. freestanding building located along Route 35 South is available. Area retail includes Monmouth Mall. Manalapan – Manalapan Epicentre, a 460,500 sq.ft. center located along Route 9/Ryan Road/ Symmes Drive has spaces available of 9,030 sq.ft. and 43,745 sq.ft. along with a divisible space of 6,300 sq.ft. Cotenants include Target, Wegmans, HomeGoods, Marshalls and P.C. Richard and Son. Also, a 38-acre parcel located along Route 9/Symmes Drive/ Ryan Road is available. Middletown – Two parcels of five acres and six acres located along Laurel Avenue are available. For details, contact Steiner Equities Group, LLC, 75 Eisenhower Parkway, Suite 150, Roseland, NJ 07068-1696; 973-228-5800.

New Jersey

New Jersey

For details, contact Jessica Booker, Phillips Edison & Co., 11501 Northlake Drive, Cincinnati, OH 45249; 513-619-5036; Email: jbooker@phillipsedison.com; Web site: www.phillipsedison.com.

as the average household income. The average daily traffic count is 12,000 vehicles. Jackson – Five Corners Plaza, a 15,000 sq.ft. center situated on 1.72 acres at the intersection of Jackson Mills Road and Farmingdale Road, has a divisible space of 7,000 sq.ft. available. Area retail includes Sears, Wawa, PNC Bank, Home Depot, Drug Fair, Bed Bath & Beyond and Blockbuster Video. Area demographics include a population of 83,721 within five miles earning $92,065 as the average household income. Somerset – Hempstead Plaza, a 48,000 sq.ft. community shopping center located at the intersection of Route 27 and Hempstead Drive, has a divisible space of 6,500 sq.ft. available. Area retail includes PNC Bank, Walgreens, Fantastic Sams, 7-Eleven and Stop & Shop. Area demographics include a population of 198,270 within five miles earning $90,458 as the average household income. For details regarding the Budd Lake and Jackson properties, contact Matt Flath, The Goldstein Group, 45 Eisenhower Drive, Paramus, NJ 07652; 201-7039700 Ext. 19, Fax 201-703-9678; Email: mflath@thegoldsteingroup.com; Web site: www.thegoldsteingroup.com. For details regarding the Clifton property, contact Denise Evgenikos; 201-703-9700 Ext. 39; Email: devgenikos@thegoldsteingroup.com. For details regarding the Somerset property, contact Florian Suserman; 201-703-9700 Ext. 23; Email: fsuserman@thegoldsteingroup.com.

Budd Lake – A 2,100 sq.ft. freestanding building situated on 0.42 acres at the intersection of Route 46 and Woodland Avenue is available for ground lease. Area retail includes Lowe’s Home Improvement, Chili’s, T.J. Maxx, Walmart, Applebee’s and Bed Bath & Beyond. Area demographics include a population of 72,141 within five miles earning $93,418 as the average household income. The average daily traffic count is 70,000 vehicles. Clifton – Main Avenue Retail Center, a 30,000 sq.ft. strip center situated on three acres at the intersection of Main Avenue and Hadley Avenue, has a 3,000 sq.ft. space available along with a divisible space of 27,000 sq.ft. Area retail includes Rite Aid, 7-Eleven, Walgreens, White Castle, Corrados Market, Dunkin’ Donuts and PNC Bank. Area demographics include a population of 668,289 within five miles earning $81,765

Bridgeton – A strip center has outlots of 43,560 sq.ft.; 54,450 sq.ft. and 65,340 sq.ft. available. Big Lots, Aldi and Tractor Supply Co. anchor the center.

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Clifton – Clifton Shopping Center, a 39,860 sq.ft. center located along Route 3, has a 2,350 sq.ft. space available. Cotenants include Annie Sez, Marty’s, Amazing Savings, Smashburger and Sleepy’s. Area retail includes NYSC, Costco, Famous Footwear, CVS, Kohl’s and Riverfront Plaza, featuring Bed Bath & Beyond, Harmon’s Discount, Michaels, UNO Chicago Grill and Pier 1 Imports. Area demographics include a population of 579,949 within five miles earning $74,722 as the average household income. The average daily traffic count is 140,000 vehicles. The asking rent is $28 psf with NNN of $8.35 psf. Montclair – A 114,000 sq.ft. center located at the intersection of Grove Street and Bloomfield Avenue, has a divisible 9,000 sq.ft. endcap available. Pathmark anchors the center and cotenants include RadioShack, New York & Co., Dunkin’ Donuts, H&R Block, Payless ShoeSource, Dots and Popeye’s. Area retail includes Whole Foods Market, CVS, Starbucks, Anthropologie, (continued on page seventy-four)

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Urban Outfitters, TD Bank, Benjamin Moore, STS and Clearview Cinemas. Area demographics include a population of 568,744 within five miles earning $86,222 as the average household income. The average daily traffic count is 21,769 vehicles. North Plainfield – A 219,178 sq.ft. center located along Route 22 East has a 43,290 sq.ft. former Pathmark available for sublease. Cotenants include Chase Bank, Payless ShoeSource, Retro Fitness, IHOP, Subway and RadioShack. Area retail includes BJ’s

New Jersey

New Jersey

Wholesale Club, Home Depot, Kohl’s, Target and Walmart. Area demographics include a population of 209,801 within five miles earning $120,570 as the average household income. The average daily traffic count is 55,037 vehicles. For details, contact Bill Farkas, Jeffery Realty, Inc., 116 Route 22, North Plainfield, NJ 07060; 908-668-9600 Ext. 215, Fax 908668-5225; Email: bfarkas@jefferyrealty.com. For additional details regarding the Clifton property, contact Patrick Delaney; 908-668-9600 Ext. 221; Email:

pdelaney@jefferyrealty.com. For additional details regarding the Montclair property, contact Ed Sherry; 908-668-9600 Ext. 237; Email: esherry@jefferyrealty.com.

AlwAys n on the web at www.dealmakers.net on your mobile browser at dlmkrs.com or through the issuu app for your Apple or Android device

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East Brunswick – Route 18 Shopping Center, a 121,695 sq.ft. strip center situated on 12.4 acres along Route 18, has spaces available of 3,000 sq.ft.; 3,600 sq.ft. and 32,216 sq.ft. GMI Furniture Designs anchors the center. Area draws include Brunswick Hills Racquet Club. Area demographics include a population of 172,795 within five miles earning $102,427 as the average household income. The average daily traffic count is 80,560 vehicles. For details, contact Nicholas Forelli, Rosen Associates Management Corp., 33 South Service Road, Jericho, NY 11753; 516-281-1532, Fax 516-281-1562; Email: nforelli@rosenmgmt.com. East Windsor – Royal Plaza has spaces available from 960 sq.ft. to 2,000 sq.ft. Cotenants include City Street Café, CitiFinancial and AllState Insurance. Edison – Edison Plaza has spaces available from 750 sq.ft. to 4,400 sq.ft. Cotenants include ShopRite, Party Fair and Capital One Bank. Plainsboro – Princeton Meadows has a 4,000 sq.ft. space available. Cotenants include Asian Food Market and Subway. For details, contact Charles Hirsch, Tom LiPuma or Rubin Pikus, Milbrook Properties, Ltd., 42 Bayview Avenue, Manhasset, NY 11030; 516-869-1240, Fax 516-869-8576; Emails: chirsch@milbrookproperties.com, tjlipuma@milbrookproperties.com and rpikus@milbrookproperties.com; Web site: www.milbrookproperties.com. Evesham – Tri-Towne Plaza, a 176,519 sq.ft. center located at the intersection of Route 70 and Plymouth Drive, has an anchor space available. Superfresh anchors the center. Vineland – Vineland Marketplace, a 273,657 sq.ft. center located at the intersection of Route 47/Delsea Drive and College Drive, has outlots available. Williamstown – Williamstown Shopping Center, an 85,000 sq.ft. center located at the intersection of Route 42/Black Horse Pike and Main Street, has an anchor space available. CVS, Fashion Bug and Dollar General anchor the center. For details, contact Thomas G. Mirandi, RD Management, LLC, 810 Seventh Avenue, 10th Floor, New York, NY 10019; 212-2656600 Ext. 239, Fax 212-265-8250; Email: tmirandi@rdmanagement.com; Web site: www.rdmanagement.com. (continued on page seventy-six)

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Vanguard knows New Jersey Tenants like our market knowledge Landlords like our experience

New Jersey Retail Opportunities In: Butler Bloomfield Denville Edison Elmwood Park Florham Park Haskell Howell Jersey City Livingston

Millburn Springfield Montclair Summit Morristown Totowa Mt. Olive Vernon Newark Waldwick Parsippany Wayne Randolph West Caldwell Rochelle Park West Milford Roseland West Orange Sparta Whippany

Neal J. Richards, Vice President Vanguard Realty, Inc. 195 Columbia Turnpike, Suite 100 Fredric Kruvant, President (973) 443-9700 Please visit us at the 2010 Vanguard Realty, Inc. ICSC National Conference nrichards@vanguardsite.com Vanguard Tenant Services Booth #191, Rhinelander Gallery, Vanguard Property Management New York Hilton www.vanguardsite.com


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Florham Park – Regency Plaza Shopping Center, a strip center located at the intersection of Columbia Turnpike and James Street, has a 6,900 sq.ft. space available. Cotenants include LA Boxing, Bank of America, Ace Hardware, State Farm Insurance, Trendz Salon, Knowledge Points Tutoring, Florham Shoe Repair and Florham Park Bagel. Area retail includes Livingston Mall, Short Hills Mall, Florham Village Towne Center and Crescent Center. Area draws include Drew University, Fairleigh Dickinson University and College of St. Elizabeth. Area demographics include a population of 142,445 within five miles earning $156,091 as the average household income. The asking rent is $28 psf with CAM of $7.17 psf and taxes of $3 psf. For details, contact Theresa Bocchino, Florham Realty Management, LLC, 1075 Route 34, Suite G, Aberdeen, NJ 07747; 732583-1200 Ext. 5, Fax 732-583-5050; Email: tbocchino@florhamrealty.com; Web site: www.florhamrealty.com. Haddon Township – Westmont Plaza, a 192,254 sq.ft. center located along West Cuthbert Boulevard, has spaces available of 2,000 sq.ft. and 6,300 sq.ft. along with a 4,800 sq.ft. pad site. SuperFresh anchors the center and cotenants include Jo-Ann Fabrics, Superfitness, Hollywood Tans, Dollar Tree, Kids Kampus, Friendly’s, Best Cuts, EB Games, H&R Block, GNC and Tires Plus. Area retail includes CVS, Staples and Walmart. Area demographics include a population of 1.57 million within 10 miles earning $60,520 as the average household income. For details, contact Nicole Johnson, Paramount Realty Services, Inc., 1195 Route 70, Lakewood, NJ 08701; 732-961-8123, Fax 732-886-1690; Email: njohnson@prs-nj.com; Web site: www.prs-nj.com. Marlton – Greentree Square Shopping Center, a 106,000 sq.ft. center situated on 12.6 acres at the intersection of Route 73 and Greentree Road, has an 8,640 sq.ft. space available. Whole Foods Market and T.G.I. Friday’s anchor the center. Area demographics include a population of 185,400 within five miles earning $94,500 as the average household income. The average daily traffic count is 55,000 vehicles. The asking rent is $17.50 psf. Wall Township – Allaire Plaza, a 114,000 sq.ft. center situated on 12.1 acres at the intersection of Route 35 and Allaire Road, has a 49,500 sq.ft. space available. Party Fair, Blockbuster Video and dressbarn anchor the center. Area demographics include a population of page 76

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120,300 within five miles earning $88,000 as the average household income. The average daily traffic count is 22,500 vehicles. For details, contact Mainardi Management, 1680 Route 23, Suite 330, Wayne, NJ 07470; 973-696-9265, Fax 973-696-1880; Email: chris@mainardimanagement.com.

Stop & Shop and CVS. Elmsford – A 7,000 sq.ft. restaurant space located along Saw Mill River Road is available. Harriman – Woodbury Centre, located along Route 17/ Route 6, has spaces available from 12,000 sq.ft. to 31,000 sq.ft. Cotenants include Kohl’s, Modell’s, Michaels, Staples and Eileen Fisher. Katonah – A 2,560 sq.ft. freestanding building with a drive-thru located along Route 117/Woods Bridge Road is available. Kingston – Two freestanding pad sites with drive-thrus located along Route 9W/Ulster Avenue are available. Mamaroneck – Seaport Plaza, located along Route 1/Boston Post Road, has a divisible endcap of 6,920 sq.ft. available. Cotenants include Subway and The UPS Store. Middletown – H&K Furniture Plaza, located along Route 211, has spaces available of 1,875 sq.ft. and 43,000 sq.ft. Cotenants include Aldi, CosmoProf and Sherwin-Williams. Also, Fairgrounds Plaza, located along Route 211, has spaces available from 1,600 sq.ft. to 150,000 sq.ft. Monroe – Monroe Plaza, located along Route 17M, has spaces available from 1,800 sq.ft. to 50,000 sq.ft. Cotenants include Stop & Shop, RadioShack, Rite Aid and McDonald’s. Nanuet – Rockland Center, located along Route 59, has spaces available from 1,944 sq.ft. to 50,000 sq.ft. Cotenants include Pathmark, Office Depot, PetSmart, A.C. Moore, Five Guys Famous Burgers and Fries, Chili’s and HomeGoods. Newburgh – Newburgh Towne Center, located along Route 300, has a 1,400 sq.ft. space available. Cotenants include Super Stop & Shop, Marshalls, dressbarn and AT&T Mobility. Pawling – Pawling Park, located along Route 22, has spaces available from 1,750 sq.ft. to 20,000 sq.ft. Peekskill – Main Street Commons, located along Route 6, has spaces available from 1,000 sq.ft. to 15,000 sq.ft. Pelham – A 1,600 sq.ft. space located along Lincoln Avenue is available. Area retail includes Dunkin’ Donuts. Port Chester – Waterfront at Port Chester, located along Westchester Avenue, has a 4,700 sq.ft. space available for sublease. Cotenants include Stop & Shop and Bed Bath & Beyond. Poughkeepsie – Ashton Park, located along Route 9, has spaces available from 1,200 sq.ft. to 14,000 sq.ft. along with pad sites. Somers – Freestanding buildings of 1,600 sq.ft. and 2,310 sq.ft. located along Route 202/Mill Street are available. Thornwood – Rosehill Shopping Center, located along Columbus Avenue, has a 2,000 sq.ft. space available. Cotenants include A&P, CVS, Verizon Wireless, Chase Bank, RadioShack and Hallmark. Vails Gate – Big V Town

Morris Plains – An 85,000 sq.ft. Pelican Ski & Sports situated on six acres along Powder Mill Road has a 27,000 sq.ft. space available. Area retail includes Stop & Shop. Area demographics include a population of 475,325 within 10 miles earning $126,280 as the average household income. The average daily traffic count is 40,000 vehicles. The asking rent is $15 psf with CAM of $5 psf and taxes of $2.30 psf. For details, contact Sandy Schonberger, Schonberger Associates, LLC, 615 West Mt. Pleasant Avenue, Livingston, NJ 07039; 973-758-9890, Fax 973-758-9877; Email: sandy@schonbergerassociates.com; Web site: www.schonbergerassociates.com. Newton – A 10,000 sq.ft. freestanding building located along Nelson Street is available. The asking rent is $7.75 psf. For details, contact Len Weiselberg, Robert Crum, Matthew Makler, Gary Shapiro or Steven Sandelman, Kin Properties, 185 Northwest Spanish River Boulevard, 1st Floor, Boca Raton, FL 33431; 888546-7767 Ext. 112/117/118/123/124; Emails: lweiselberg@kinproperties.com, rcrum@kinproperties.com, mmakler@kinproperties.com, gshapiro@kinproperties.com and ssandelman@kinproperties.com. Voorhees – Coopers Plaza, located at the intersection of Route 73 and Cooper Road, has a divisible pad site of 6,000 sq.ft. available along with a divisible space of 10,000 sq.ft. Cotenants include Kohl’s, Party City, Marshalls and Raymour & Flanigan. For details, contact Royal Properties, Inc., 850 Bronx River Road, Bronxville, NY 10708; 914-237-3403, Fax 914-237-0196; Web site: www.royalpropertiesinc.com.

New York Airmont – A center located along Route 59 has spaces available from 3,000 sq.ft. to 60,000 sq.ft. Ardsley – Rite Aid Shopping Center, located along Saw Mill River Road, has a 1,200 sq.ft. space available. Cotenants include U.S. Postal Service and Chase Bank. Eastchester – A divisible 2,250 sq.ft. space located at the intersection of Route 22 and Mill Road is available. Area retail includes Dealmakers

www.dealmakers.net

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Leasing

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23,755 Square Feet Available for Lease Immediate Occupancy; Across from Eastfield Mall Join AJ Wright, Ocean State Job Lot, Lowe’s, Stop & Shop, McDonalds & many more

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3,263-21,000 SF Remaining (subdividable) Services northern suburbs of Hartford County Join Lowe’s, Stop & Shop, Burlington Coat, CVS, IHOP, McDonalds, Home Depot, Firestone & more

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Up to 50,000 SF to be built with Outparcels Ideal for Retail, Medical or Financial Uses Servicing Colchester, Hebron, Glastonbury, Amston, Lebanon & Columbia Planned Retail Development 2011 - 2012 Zoned Commercial

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(Located at the corner of Route 44 & Lawton Rd) ♦ ♦ ♦ ♦ ♦

Up to 60,000 SF with a 6,000 SF Outparcel Ideal for Retail, Medical or Financial Uses Exciting tenant mix: upscale, regional and lifestyle Servicing Canton, Avon, Simsbury, Farmington & New Hartford Neighbors Include: Kohl’s, ShopRite, Old Navy, Dick’s Sporting Goods, Ethan Allen & many more

www.newenglandretail.com

150 Hartford Avenue, Wethersfield, Connecticut 06109


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Center, located along Route 32, has spaces available from 1,000 sq.ft. to 8,000 sq.ft. along with a 5,224 sq.ft. restaurant space. Cotenants include ShopRite, Kmart and Key Bank. Wappingers Falls – A three-acre parcel located along Route 9 is available. The average daily traffic count is 45,000 vehicles. Also, Lafayette Plaza, located along Route 9, has spaces available from 1,520 sq.ft. to 10,000 sq.ft. Cotenants include Dollar General. The average daily traffic count is 45,000 vehicles. Yonkers – Spaces from 2,500 sq.ft. to 12,000 sq.ft. located along Main Street are available. Area retail includes Key Bank and Retro Fitness. For details, contact Royal Properties, Inc., 850 Bronx River Road, Bronxville, NY 10708; 914-237-3403, Fax 914-237-0196; Web site: www.royalpropertiesinc.com. Albany – Kohl’s Plaza, a 140,798 sq.ft. strip center situated on 14 acres at the intersection of NY State Route 5/Central Avenue and NY State Route 155/New Karner Road, has a 2,400 sq.ft. space available. Kohl’s and OfficeMax anchor the center. Cotenants include McDonald’s, Wonderland Nail and Spa, O’Toole’s Restaurant and Pub, Hobbytown, Alfred’s Fabric Center, Ming’s Wok, JC’s Central Deli and Mercedes and

New York

New York

James Hair. Area retail includes Northway Mall, featuring BJ’s Wholesale Club, Target, buybuy Baby, Staples, Lowe’s Home Improvement, David’s Bridal and Petco, and Colonie Plaza, featuring Price Chopper and Big Lots. Area demographics include a population of 122,303 within five miles earning $68,638 as the average household income. The average daily traffic count is 43,535 vehicles. The asking rent is $10 psf NNN. For details, contact Brett Baxt, The Howard Group|TCN Worldwide, 1735 Central Avenue, 2nd Floor, Albany, NY 12205; 518-452-1881 Ext. 13, Fax 518-452-1940; Email: bbaxt@howardgroup.com; Web site: www.howardgroup.com.

1,156 sq.ft. to 2,695 sq.ft. Cotenants include Dunkin’ Donuts, Pomodorino and Blimpie. Holtsville – Waverly Corners has a 900 sq.ft. space available. Cotenants include Soccer World. Huntington Station – Huntington Crossroads has spaces available from 1,370 sq.ft. to 3,360 sq.ft. Cotenants include H&R Block, Domino’s Pizza and Subway. Lake Ronkonkoma – Lake Shore Plaza has an 1,124 sq.ft. space available. Cotenants include Waldbaum’s, Chase Bank and Pet Supplies Plus. Nanuet – Nanuet Mall South has spaces available from 1,500 sq.ft. to 6,520 sq.ft. Cotenants include Premier Fitness and Jenny Craig. Nyack – Tali Plaza of Nyack has spaces available from 1,225 sq.ft. to 4,739 sq.ft. Cotenants include Riverspace Theater, Subway and H&R Block. Spring Valley – Spring Valley Marketplace has spaces available from 1,174 sq.ft. to 2,000 sq.ft. Cotenants include Michaels, Bed Bath & Beyond and Christmas Tree Shops. West Hempstead – Cherry Valley Corners has a 4,000 sq.ft. space available. Cotenants include Pet Supplies Plus, Mandee and Payless ShoeSource. For details, contact Charles Hirsch, Tom LiPuma or Rubin Pikus, Milbrook Properties, Ltd., 42 Bayview Avenue, Manhasset, NY 11030; 516-869-1240, Fax 516-869-8576; Emails: chirsch@milbrookproperties.com,

Baldwin – Baldwin Square has an 1,120 sq.ft. space available. Cotenants include Best Buy, Huntington Learning Center and Applebee’s. Bayshore – Bay Shore Commons has spaces available from 1,450 sq.ft. to 2,850 sq.ft. Cotenants include Stop & Shop, Rent-ACenter and Blockbuster Video. Bethpage – Bethpage Commons has spaces available from 3,025 sq.ft. to 9,000 sq.ft. Cotenants include Dunkin’ Donuts. Bohemia – Bohemia Commons has spaces available from 800 sq.ft. to 2,000 sq.ft. Cotenants include IGA, Lucille Roberts and CVS. Hauppauge – Adams Commerce Plaza has spaces available from

(continued on page eighty)

Wherever your project is located, it should be located here, too. The Dealmakers Magazine is the essential publication to reach retail real estate decision makers. Our readership consists of principals, developers, brokers, tenant representatives and retailers, ensuring your information will be seen by the right people.

to advertise, call 1-800-732-5856.

page 78

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Dealmakers

www.dealmakers.net


We’re busy searching for new properties! Owning and operating Grocery Anchored Retail centers throughout the country since 1979 AmCap closed on 800,000 square feet of retail assets in Q3 2010 alone. Today, we seek neighborhood, community or regional centers, anchored by grocery and other national retailers. Loan purchases will also be considered.

www.AmCap.com Corporate Headquarters 1281 E Main Street Stamford, CT 06902 203-327-2001 www.AmCap.com

Acquisitions Jake Bisenius Chief Investment Officer JBisenius@AmCap.com 203-327-2001

Regional Office/Leasing 44 Cook Street, #710 Denver, CO 80206 303-321-1500 Brokerage@AmCap.com


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tjlipuma@milbrookproperties.com and rpikus@milbrookproperties.com; Web site: www.milbrookproperties.com. Bayside – The Bay Terrace Shopping Center, located at the intersection of Bell Boulevard and 26th Avenue, has space available. Cotenants include AMC Theatres, American Eagle Outfitters, Applebee’s, Barnes & Noble, Panera Bread, Waldbaum’s, FYE, Gap, Ann Taylor Loft, Victoria’s Secret, Chico’s, Men’s Wearhouse, Steve Madden, Bath & Body Works, The Children’s Place and New York & Co. For details, contact Patricia Walsh, Cord Meyer Development, LLC; 718-9477110; Email: pwalsh@cordmeyer.com; Web sites: www.cordmeyer.com and www.bayterrace.com. Deer Park – Kohl’s Plaza, a 182,875 sq.ft. center located at the intersection of Commack Road and Grand Boulevard, has space available. Kohl’s and Super Stop & Shop anchor the center. Glenville – A 128,485 sq.ft. former Kmart located at the intersection of Route 50/Saratoga Road and Glenridge Road has space available. Holtsville – Island 16 Cinemas Shopping Center, a 117,342 sq.ft. center located at the intersection of Nicholls Road and Long Island Expressway, has a pad site with a drive-thru available. National Amusements Theater and Chili’s anchor the center. Latham – Kmart Shopping Center, a 118,863 sq.ft. center located at the intersection of Route 7 and Swatling Road, has a divisible 10,000 sq.ft. outlot available. Monroe – Harriman Commons, a 656,198 sq.ft. center located at the intersection of Route 17/Route 6 and Route 32, has anchor space available along with outlots. Walmart, Home Depot, BJ’s Wholesale Club, Target, HomeGoods and Best Buy anchor the center. Nanuet – Home Depot Plaza, a 250,000 sq.ft. center located at the intersection of Route 59 and Hutton Avenue, has a pad site available. Home Depot and Staples anchor the center. Staten Island – Lowe’s West Shore Center, a 166,600 sq.ft. center located at the intersection of Interstate 440/Veterans Road West and Arthur Kill Road, has a 7,000 sq.ft. pad building available. For details, contact Thomas G. Mirandi, RD Management, LLC, 810 Seventh Avenue, 10th Floor, New York, NY 10019; 212-2656600 Ext. 239, Fax 212-265-8250; Email: tmirandi@rdmanagement.com; Web site: www.rdmanagement.com. page 80

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East Northport – A 3,600 sq.ft. space located along Jericho Turnpike is available. Area retail includes Elwood Theaters, Annie Sez, Pet Supplies Plus and RadioShack. Area demographics include a population of 219,712 within five miles earning $120,770 as the average household income. The average daily traffic count is 39,450 vehicles. The asking rent is $19 psf. For details, contact Sharon Langdon, Millennium Commercial & Investment; 631424-0225; Email: brokerre@optonline.net.

is $20 psf NNN. For details, contact Rick Stassa, NAI Friedland, 767 Third Avenue, New York, NY 10017; 718-231-5700; Email: rickstassa@friedlandrealty.com.

Forest Hills – A 2,200 sq.ft. ground-floor space with a 2,200 sq.ft. basement located along Queens Boulevard between 67th Road and 67th Drive is available. Area retail includes CVS, Chase Bank, Starbucks, Dunkin’ Donuts, 7-Eleven, Emigrant Savings Bank, NYSC, Met Food and Vitamin World. Area draws include Forest Hills Hospital. The average daily traffic count is 45,000 vehicles. For details, contact Cory G. Zelnik or Doug Kaminsky, Zelnik & Co., LLC, 424 Madison Avenue, New York, NY 10017; 212-223-2200, Fax 212-223-0004; Emails: cory@zelnikco.com and doug@zelnikco.com; Web site: www.zelnikco.com. Hartsdale – Spaces from 1,200 sq.ft. to 2,400 sq.ft. along North Central Park Avenue are available. Scarsdale – A 1,200 sq.ft. space located along Central Park Avenue is available. Also, an 1,800 sq.ft. space located along Central Park Avenue is available. Area retail includes Klaff’s and Charles Schwab. White Plains – A 6,700 sq.ft. space located along Tarrytown Road is available. For details, contact Eileen Rivilis or Matt Wroclawski, Seville Realty; 914-980-8756/8755; Email: mattwroclawski@gmail.com. Levittown – Crescent Plaza has spaces available from 1,250 sq.ft. to 23,100 sq.ft. Cotenants include Kohl’s, PetSmart, Party City and Loews Theatres. For details, contact The Feil Organization, Seven Penn Plaza, New York, NY 10001; 212-563-6557; Web site: www.feilorg.com. New Rochelle – A 5,600 sq.ft. space with a 2,500 sq.ft. basement located along Main Street is available. Area retail includes 1 Smart Dollar Store, Diamond Glass, The Speckled Door and La Herradora Restaurant. The asking rent is $20 psf NNN. Also, a 19,636 sq.ft. two-level space located along Main Street between Centre Avenue and South Division Street is available. The asking rent Dealmakers

www.dealmakers.net

New York – A 1,751 sq.ft. space located at the intersection of 2nd Avenue and East 77th Street is available. Area retail includes TD Bank, Starbucks, Lenny’s, Gristedes, BLT Burger, Pinkberry, H&H Bagels, Jeffrey Stein Salon, Capital 1 Bank, Threads by Pottery Barn, Ricky’s, Rite Aid, Duane Reade, T-Mobile and Verizon Wireless. Area demographics include a population of 60,000 within three miles. The asking rent is $160 psf. For details, contact Joel Toro, CPEX Real Estate, 350 Livingston Street, Brooklyn, NY 11217; 718-935-1800, Fax 718-9351822; Email: jtoro@cpexre.com; Web site: www.cpexre.com. New York – A 3,100 sq.ft. space with a 2,000 sq.ft. basement located along Broadway between 102nd Street and 103rd Street is available. Area retail includes Starbucks, Duane Reade, Bank of America, HSBC, Sovereign Bank, Gristedes, Mama Mexico, Café Du Soleil and Silver Moon Café. Also, a 1,200 sq.ft. space with a 300 sq.ft. lowerlevel space located along Second Avenue between East 61st Street and 62nd Street is available. Area retail includes Chase Bank, Sprint, The UPS Store, Duane Reade, U.A. Theatres and Bed Bath & Beyond. For details regarding the Broadway property, contact Lori Shabtai, Monica Kass or Kelly Gedinsky, Winick Realty Group, LLC, 655 Third Avenue, 8th Floor, New York, NY 10017; 212-792-2641/2644/2637; Emails: lori@winick.com, monica@winick.com and kelly@winick.com; Web site: www.winick.com. For details regarding the Second Avenue space, contact Hal Shapiro; 212-792-2623; Email: hal@winick.com. New York – Combinable spaces of 370 sq.ft.; 395 sq.ft.; 423 sq.ft.; 556 sq.ft. and 1,104 sq.ft. located at the intersection of Madison Avenue and 88th Street are available. The 556 sq.ft. space includes a 520 sq.ft. basement, and the 1,104 sq.ft. space includes a 752 sq.ft. basement. Area retail includes Jacadi, Williams-Sonoma and L’Occitane. For details, contact Joe Aquino, Prudential Douglas Elliman, 575 Madison Avenue, 3rd Floor, New York, NY 10022; Email: jaquino@elliman.com. (continued on page eighty-two)


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(continued from page eighty)

New York – A divisible 1,600 sq.ft. space with a full basement located at the intersection of Broadway and 125th Street is available. Area draws include Columbia University. For details, contact David Hubbard, Chase Development Corp., PO Box 196, Southfield, MA 01259; 413-258-4769; Email: dnh946@aol.com. New York – A 25,000 sq.ft. building located along West 125th Street between 8th Avenue and St. Nicholas Avenue has three spaces of 5,512 sq.ft. available. Area retail includes Old Navy, Magic Johnson Theatres, Rite Aid, Modell’s, H&M, Duane Reade, Harlem USA, Chuck E. Cheese’s, Nine West, TD Bank, Chase Bank, NYSC, Capital One Bank, American Apparel, The Children’s Place, House of Hoops, Jimmy Jazz, Lane Bryant, McDonald’s, Staples and Dr. Jays. Area draws include The Apollo Theatre. The asking rent is $660,000 annually. For details, contact Andrew Pittel, Pittel & Co., LLC, 240 East 82nd Street, New York, NY 10028; 212-818-1122, Fax 212-818-1133; Email: aapittel@pittelco.com; Web site: www.pittelco.com. Poughkeepsie – A 0.6-acre parcel located along Route 44/Dutchess Turnpike is available.

New York

New York

Area retail includes a future Walgreens. Area demographics include a population of 25,678 within five miles. The average daily traffic count is 20,000 vehicles. For details, contact Paul Bulmer, Vanguard-Fine, LLC, 2050 Western Avenue, Suite 201, Guilderland, NY 12084; 518-8620861 Ext. 203, Fax 518-867-3082; Email: pbulmer@vanguardfine.com; Web site: www.vanguardfine.com.

Starbucks, Applebee’s, Avenue, Carters, Justice, The Children’s Place, New York & Co., Annie Sez and Municipal Credit Union Bank. Area demographics include a population of 406,314 within five miles earning $81,250 as the average household income. For details, contact Jerry Welkis, Welco Realty, Inc., 2525 Palmer Avenue, New Rochelle, NY 10801; 914-576-7500, Fax 914576-7596; Email: jwelkis@welcorealty.com; Web site: www.welcorealty.com.

Schenectady – A 4,050 sq.ft. freestanding former Friendly’s located at the intersection of Nott Terrace and Liberty Street is available. Area draws include Union College and Union Graduate School. Area demographics include a population of 272,358 within 10 miles. For details, contact Alison Burnside, The Dartmouth Co., 15A Century Hill Drive, Latham, NY 12110; 518-785-8200 Ext. 3, Fax 518-785-8220; Email: aburnside@dartco.com; Web site: www.dartco.com. Staten Island – Hylan Commons, an 85,500 sq.ft. center located at the intersection of Hylan Boulevard and New Dorp Lane, has a 7,500 sq.ft. space slated for availability next spring. T.J. Maxx anchors the center and cotenants include Boston Market, Tiger Schulmann’s Karate,

ED SF Et Pl 00 M ,0 lE CO E E 13 Ab St C bl 0– Il Ju PA lA 00 vA On Il S vAI 2, A tI EtA A vA R ly O E E n IM IAt RE R ED P M IM

R O AJ M

301 north Harrison Street | Princeton, nJ 08540 AnCHORED by

Princeton’s classic 228,000 SF, open-air shopping mall — featuring 55 stores, restaurants and services with 1,300 parking spaces surrounding 2 acres of a beautifully landscaped courtyard. DEMOGRAPHICS (5–Mile Radius) Population: 78,592 Average Household Income: $148,008 Median Household Income: $114,587 CuRREnt tEnAntS PNC Bank The UPS Store Dunkin’ Donuts

SuperMarket

Cutters Mill Pet Supply

Main Street Bistro

Metropolis Salon and Spa

Bon Appetit Gourmet Deli and more…

Chris Hanington 609-921-6234 chaningtonprinceton.shoppingcenter@verizon.net www.princetonshoppingcenter.com page 82

December 10, 2010

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Yonkers – A 7,920 sq.ft. freestanding building located along Central Avenue is available. The asking rent is $32 psf. For details, contact Len Weiselberg, Robert Crum, Matthew Makler, Gary Shapiro or Steven Sandelman, Kin Properties, 185 Northwest Spanish River Boulevard, 1st Floor, Boca Raton, FL 33431; 888546-7767 Ext. 112/117/118/123/124; Emails: lweiselberg@kinproperties.com, rcrum@kinproperties.com, mmakler@kinproperties.com, gshapiro@kinproperties.com and ssandelman@kinproperties.com. Yorktown – Staples Plaza, a 200,000 sq.ft. center, has a 21,165 sq.ft. space available. (continued on page eighty-six)


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Space Place New York

(continued from page eighty-two)

Area retail includes BJ’s Wholesale Club. For details, contact Linda Lacey or Jim Aries, Urstadt Biddle Properties, Inc., 321 Railroad Avenue, Greenwich, CT 06830; 203-863-82400 Ext. 202/224, Fax 203-8616755; Web site: www.ubproperties.com.

North Carolina Raleigh – Wilder’s Grove Plaza, a 206,000 sq.ft. strip center situated on 30 acres at the intersection of U.S. Highway 64/New Hope Road and New Bern Avenue, has spaces available of 7,000 sq.ft. and 98,000 sq.ft. along with a three-acre outlot. Kroger anchors the center and cotenants include Cato Fashions, Dollar Tree and Jersey Mike’s. Area retail includes Walmart Supercenter, CVS, Walgreens, Office Depot, Food Lion and Northern Tools. Area demographics include a population of 165,000 within five miles earning $70,000 as the average household income. The average daily traffic count is 49,500 vehicles. For details, contact David Bordsen or Bruce Lynch, Street Real Estate|Rosamund

North Carolina

Ohio

Property Consultants, 66 Golden Heather Court, Chapel Hill, NC 27517; 919-533-6548 or 919-365-4977; Email: drb@streetrenc.com; Web site: www.rosamund.net.

with outlots of 54,450 sq.ft.; 130,680 sq.ft. and 217,800 sq.ft. Area retail includes Lowe’s Home Improvement, Kroger and Tiffin Mall. Area demographics include a population of 38,158 within 10 miles earning $54,451 as the average household income. The average daily traffic count is 29,970 vehicles. Warren – A divisible 125,556 sq.ft. former Walmart situated on 21.18 acres at the intersection of Elm Road, OH Route 5 and OH Route 82 is available. Area demographics include a population of 78,329 within five miles earning $57,052 as the average household income. The average daily traffic count is 61,610 vehicles. For details, contact Donn Davids, U.S. Properties Group, 310 South Hamilton Road, Gahanna, OH 43230; 614-284-1904; Email: ddavids@uspginc.com; Web site: www.uspginc.com.

Ohio Ashtabula – Home Depot Plaza, a 130,000 sq.ft. center located at the intersection of Route 20 and Orchard Road, has space available along with a pad site. Findlay – Hobby Lobby Plaza, located at the intersection of Tiffin Avenue and Croy Drive, has anchor space available along with an outlot. Hobby Lobby anchors the center. For details, contact Thomas G. Mirandi, RD Management, LLC, 810 Seventh Avenue, 10th Floor, New York, NY 10019; 212-2656600 Ext. 239, Fax 212-265-8250; Email: tmirandi@rdmanagement.com; Web site: www.rdmanagement.com. Tiffin – A 94,860 sq.ft. freestanding former Walmart situated on 18 acres at the intersection of West Market Street and South Schaffer Drive is available along

FOOD COURT / CONVENIENCE STORE / FUEL STATION ROUTE 80, EXIT 4, COLUMBIA, NJ

Coming soon!

Pennsylvania Doylestown – Mercer Square, located along Old Dublin Pike, has an 1,869 sq.ft. restaurant space available. Genuardi’s

Let the DeaLmakerS’ e-maiL ForumS LeaSe anD SeLL Your ProPertY For Free

Seeking franchiSeeS & franchiSorS

• A new rest stop on route 80

• National brand fuel station

• Exit 4: access from east and west

• Adequate bathroom facilities

• 50,000-55,000 vehicles per day

• Food court with national tenants

Will be completed in latter part of 2011.

Call Multi-Business Corporation at 201-368-8802 Email: mbcfred@aol.com Web Site: www.multibusinesscorp.com page 86

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Join over 118,900 members looking to acquire, sell, lease and finance all types of commercial real estate. We’re the place to list your center’s availabilities and to find that perfect site. no matter the economy, these forums make sense and, best of all, they’re free! e page nkie’s hom The deal ju

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Space Place

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Pennsylvania

Pennsylvania

Texas

and Bank of America anchor the center. Cotenants include Pearle Vision and Blockbuster Video. Area retail includes The Bon Ton, Acme, Staples, Annie Sez, RadioShack, Starbucks and Rite Aid. The average daily traffic count is 29,998 vehicles. For details, contact David Sherin, Regency Centers, One Independent Drive, Suite 114, Jacksonville, FL 32202; 610-747-1212.

Philadelphia – One & Olney Square has spaces available from 1,859 sq.ft. to 27,400 sq.ft. Cotenants include ShopRite, Modell’s, Dots and Conway Stores. For details, contact The Feil Organization, Seven Penn Plaza, New York, NY 10001; 212-563-6557; Web site: www.feilorg.com.

Houston – Fondren Southwest Village, a 304,000 sq.ft. center, has spaces available from 849 sq.ft. to 54,272 sq.ft. along with a 5,400 sq.ft. freestanding building. Cotenants include Anna’s Linens, CitiTrends, Dots, Payless ShoeSource, AutoZone, Chase Bank, Burger King, Subway, Family Dollar, RadioShack, Rainbow, Avenue, Palais Royal and Ashley Stewart. Area demographics include a population of 552,064 within five miles earning $52,131 as the median household income. The average daily traffic count is 33,210 vehicles. For details, contact Albert Silvera, Surrey Equities, LLC, 40 Fulton Street, 6th Floor, New York, NY 10038; 212619-0059, Fax 212-619-0069; Email: albert@surreyequities.com.

Easton – A 131,477 sq.ft. center located along 25th Street has space available. Cotenants include CVS, Petco and McDonald’s. Pittston – The Shoppes at Pittston Crossing, a 22,870 sq.ft. center, has space available. Area retail includes Walmart. For details, contact James Balliet, KW Commercial – The James Balliet Commercial Group, 40 South Cedar Crest Boulevard, Allentown, PA 18104; 610-435-4711, Fax 610-435-2800; Email: jballiet@kw.com; Web site: www.lehighvalleycommercial.com. Horsham – Village Mall, located along Blair Mill Road, has spaces available from 22,000 sq.ft. to 128,000 sq.ft. Cotenants include Acme, Dollar Tree and Rite Aid. Perkasie – Perkasie Shopping Center, located along Constitution Avenue, has spaces available from 1,200 sq.ft. to 10,000 sq.ft. Cotenants include Landis Supermarket, Rite Aid and McDonald’s. For details, contact Royal Properties, Inc., 850 Bronx River Road, Bronxville, NY 10708; 914-237-3403, Fax 914-237-0196; Web site: www.royalpropertiesinc.com. Lower Gwynedd – Springhouse Center, a strip center located along North Bethlehem Pike, has a 1,200 sq.ft. space available. Cotenants include U.S. Postal Service and Kitchen Design. The asking annual rent is $20 psf. For details, contact Lou Petro, Square Foot Commercial Real Estate, LLC; 215997-5113, Fax 866-888-9001; Email: lpetro@sqftcommercial.com. Oaks – A 300,000 sq.ft. center located at the intersection of Egypt Road and Mill Road has space available. Cotenants include Target, Lowe’s Home Improvement, BJ’s Wholesale Club, Regal Cinemas, The Dump Furniture, Max & Erma’s, Verizon Wireless, Great Clips and Dolce Restaurant. For details, contact Justin Call, Audubon Land Development, 2620 Egypt Road, Norristown, PA 19403; 610-666-6900, Fax 610-6666908; Email: jcall@audubonland.com; Web site: www.audubonland.com.

Pottstown – Tri-County Plaza Shopping Center, a 35,240 sq.ft. strip center located at the intersection of Route 100 and Shoemaker Road, has spaces available from 2,000 sq.ft. along with a 5,000 sq.ft. pad site. Area retail includes Papa John’s, Sleepy’s, Friendly’s, Red Lobster, Boston Market, Staples, Wendy’s, Weis and Walmart. Area demographics include a population of 78,220 within five miles earning $72,980 as the average household income. The average daily traffic count is 14,885 vehicles. For details, contact Steve Michaelson, Tornetta Realty Corp., 910 Germantown Pike, Plymouth Meeting, PA 19462; 610422-2209, Fax 610-275-6787; Email: smichaelson@tornetta.com. York – A 24,900 sq.ft. building situated on 4.41 acres along Industrial Highway has a 7,500 sq.ft. space available. Cotenants include NAPA Auto Parts, Office Furniture Today and Cutco. Area retail includes Walmart, Sam’s Club, Lowe’s Home Improvement, Wolf Furniture and Burlington Coat Factory. For details, contact Larry O’Brien, ROCK Commercial Real Estate, 221 West Philadelphia Street, Suite 19, York, PA 17401; 717-854-5357 Ext. 130, Fax 717-854-5367; Email: lobrien@rockrealestate.net; Web site: www.rockrealestate.net.

Tennessee Chattanooga – A 1,548 sq.ft. freestanding building located along Brainerd Road is available. The asking rent is $9.50 psf. Memphis – A 4,550 sq.ft. freestanding building located along Winchester Road is available. The asking rent is $7 psf. For details, contact Len Weiselberg, Robert Crum, Matthew Makler, Gary Shapiro or Steven Sandelman, Kin Properties, 185 Northwest Spanish River Boulevard, 1st Floor, Boca Raton, FL 33431; 888546-7767 Ext. 112/117/118/123/124; Emails: lweiselberg@kinproperties.com, rcrum@kinproperties.com, mmakler@kinproperties.com, gshapiro@kinproperties.com and ssandelman@kinproperties.com.

www.dealmakers.net

The

Dealmakers

San Antonio – Kitty Hawk Retail Center, a 13,882 sq.ft. center located at the intersection of Kitty Hawk and Loop 1604, has a 3,955 sq.ft. space available along with a secondgeneration restaurant space. Cotenants include Roxy’s, Goomba’s, Edward Jones, Kitty Nails, Hair Island and Comet Cleaners. Area retail includes H-E-B. The asking annual rent is $21 psf with NNN fees of $7.14 psf. For details, contact Greg Vasquez, Dominion Advisory Group, Inc., 150 North Loop 1604 East, Suite 202, San Antonio, TX 78232; 210-308-6288 Ext. 107; Email: gvasquez@askdag.com.

Virginia Reston – Tall Oaks Shopping Center, a 71,742 sq.ft. center located at the intersection of North Shore Drive and Wiehle Avenue, has spaces available from 1,980 sq.ft. to 3,353 sq.ft. Area demographics include a population of 95,783 within three miles earning $132,730 as the average household income. For details, contact Marty Flax, Renaud Consulting, 8605 Westwood Center Drive, Suite 309, Vienna, VA 22182; 301-9807686; Email: mflax@renaudconsulting.net; Web site: www.renaudconsulting.net. Richmond – Food Lion Plaza, located at the intersection of Route 1/Jefferson Davis Highway and Chippenham Parkway, has outlots available. For details, contact Thomas G. Mirandi, RD Management, LLC, 810 Seventh Avenue, 10th Floor, New York, NY 10019; 212-2656600 Ext. 239, Fax 212-265-8250; Email: tmirandi@rdmanagement.com; Web site: D M www.rdmanagement.com. December 10, 2010

page 87


Most Valuable Players 10 Spot/MadRag...................................................................... Pg. 36

DLC Management Corp. . ............................................Tip-On Cover

Acadia Realty Trust.................................................................. Pg. 39

Dots, LLC................................................................................ Pg. 49

AEI Fund Management, Inc. . .................................................. Pg. 47

Edgewood Properties........................................................Pgs. 84, 85

AmCap Properties, Inc............................................................. Pg. 79

Energy Kitchen........................................................................ Pg. 35

ARC Properties, Inc................................................................... Pg. 7

Equity One.............................................................................. Pg. 57

AutoZone................................................................................ Pg. 30

Excess Space Retail Services, Inc. ........................................... Pg. 15

Cedar Shopping Centers, Inc................................................... Pg. 51

Feil Organization, The................................................. Pgs. 9, 11, BC

Children of America................................................................ Pg. 21

Goldstein Group, The.............................................................. Pg. 23

City of Bowie, Maryland.......................................................... Pg. 48

Kay Realty Services, LLC.......................................................... Pg. 66

Cord Meyer Development, LLC............................................... Pg. 67

Kin Properties................................................................. Pgs. 37, IBC

Coremark Group, LLC............................................................. Pg. 27

KZA Engineering, P.A.............................................................. Pg. 78

Cullinan Properties, Ltd........................................................... Pg. 34

Learning Experience, The........................................................ Pg. 28

Dealmakers, The............................................ Pgs. 61, 74, 78, 81, 86

Legend Properties, Inc............................................................. Pg. 69

Directory of Major Malls.......................................................... Pg. 89

LMS Commercial Real Estate................................................... Pg. 73

DJM Realty.............................................................................. Pg. 33

Mall Properties, Inc................................................................. Pg. 29

29

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Most Valuable Players Mehlich Associates.................................................................. Pg. 82

Royal Properties, Inc. . ............................................................ Pg. 19

Meislik & Meislik Retail Real Estate Law.................................. Pg. 52

Schuckman Realty, Inc.............................................................. Pg. 5

Milbrook Properties, Ltd.......................................................... Pg. 17

Silbert Realty and Management Co., Inc. ................................ Pg. 50

Multi-Business Corp................................................................. Pg. 86

Simon Cos., The...................................................................... Pg. 68

NAI Long Island....................................................................... Pg. 72

Stuart Makler & Assoicates, Inc. .............................................. Pg. 70

Nassimi Realty, LLC................................................................. Pg. 65

TenantSearch........................................................................... Pg. 83

New England Retail Properties, Inc.......................................... Pg. 77

T-Mobile Real Estate................................................................ Pg. 13

Nielsen.................................................................................... Pg. 26

Urstadt Biddle Properties, Inc.................................................. Pg. 62

Northwest Atlantic Real Estate Services.................................... Pg. 42

Vanguard Realty, Inc............................................................... Pg. 75

Princeton Shopping Center...................................................... Pg. 82

Vanick Properties, Inc.............................................................. Pg. 32

Pyramid Brokerage Co............................................................. Pg. 40

Weiss Realty............................................................................ Pg. 38

R.J. Brunelli & Co., Inc............................................................ Pg. 63

Welco Realty, Inc.................................................................... Pg. 41

RCS Real Estate Advisors......................................................... Pg. 25

Winick Realty Group, LLC.................................................Pgs. IFC, 3

RD Management, LLC.......................................................Pgs. 43-46

WLS Lighting Systems.............................................................. Pg. 88

Real Estate Southeast, LLC....................................................... Pg. 24

Zelnik & Company, LLC.......................................................... Pg. 31

Retail Network, The................................................................. Pg. 71

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KIN PROPERTIES OWNERS OF 850+ SINGLE TENANT PROPERTIES 31+ MILLION SQUARE FEET

CASH BUYERS OF

40+ Retail / Industrial Properties Annually

searching for: • Single tenant, free-standing, retail properties, such as free-standing supermarkets, drug stores or other retailers. • So-called “anchor” buildings of malls or shopping centers, leased to a single anchor tenant. • Outlots to malls or shopping centers.

WWW.KINPROPERTIES.COM 888.KIN.PROP 888.546.7767

make an appointment to see us at the NY ICSC convention Booth #397 (Hilton - Americas Hall 1) 185 NW Spanish River Blvd • 1st Floor • Boca Raton • FL 33431


Levittown New York CRESCENT/NASSAU FLYER_Version2

CRESCENT PLAZA | NASSAU MALL

23,100 SF (Will Divide)

GNC

AVENUE

ALL STARS GYMNASTICS

PIZZA

NASSAU MALL

HUNTER

PARTY CITY

PETSMART

CRESCENT PLAZA

LOON P

L

HAMLE

T RD

CENTURY 21 GAMESTOP DRESS BARN

RESTAURANT

OFFICE BLDG

FOR YOUR ENTERTAINMENT

HAWK

RD

WENDYS

TGIF

GAP OLD NAVY

T-Mobile

COLDSTONE CREAMERY

DSW SHOES

HEMPSTEAD TPKE

23,100 SF AVAILABLE • Crescent Plaza and Nassau Mall provide 566,781 SF in one of America’s strongest retail markets • Located on Hempstead Turnpike in an affluent, densely populated Nassau County community • Nassau County boasts a powerful consumer base of 1,200,000, and annual retail sales are estimated of over $8 billion

Crescent Plaza

Owner/Manager Seven Penn Plaza, NY 10001 | feilorg.com Randy Briskin | rbriskin@feilorg.com 212 563 6557 x218 Nothing Beats 50 Years of Stability.

Nassau Mall

New Booth Location! Visit us at 136 Rhinelander Gallery at the ICSC NY National Conference.

Dealmakers Magazine | December 10, 2010  

Dealmakers Magazine December 10, 2010 Volume XXV No. XLVI

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