dealmakers magazine | february 26, 2010

The Fresh Market operates 92 locations throughout AL, AR, CT, FL, GA, IL, IN, KY, LA, MD, MS, NC, OH, PA, SC, TN, VA and WI. The supermarkets occupy spaces of 18,000 sq.ft. to 21,000 sq.ft. in lifestyle, neighborhood 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 six, five-year options. Preferred demographics include a population of 150,000 within five miles earning $75,000 as the median household income. For more information, contact Stephen Smith, The Fresh Market, 628 Green Valley Road, Suite 500, Greensboro, NC 27408; 336-272-1338, Fax 336-389-5786; Email: [email protected]; Web site: www.thefreshmarket.com.

Murry’s, Inc. trades as Murry’s at 31 locations throughout DE, MD, NJ, PA, VA and Washington, DC. The specialty food stores occupy spaces of 8,000 sq.ft. to 12,000 sq.ft. in strip centers and urban/downtown areas. Growth opportunities are sought throughout Baltimore, MD and Washington, DC during the coming 18 months. Typical leases run five years with options. Preferred demographics include a population of 45,000 within five miles. For more information, contact Gary Gold or Mike Luber, Murry’s, Inc., 8300 Pennsylvania Avenue, Upper Marlboro, MD 20772; 301-967-4825, Fax 301-967-4816; Email: [email protected]; Web site: www.murrys.com.

Albeco, Inc. trades as Mollie Stone’s Markets at eight locations throughout CA. The upscale supermarkets, featuring bakery, deli, floral, seafood, wine and liquor departments, occupy spaces of 10,000 sq.ft. to 45,000 sq.ft. in lifestyle, specialty and tourist centers, in addition to urban/downtown areas. Growth opportunities are sought throughout the San Francisco Bay Area of CA during the coming 18 months. Typical leases run 35 years. Preferred demographics include a population of 20,000 within one mile earning $100,000 as the average household income. Major competitors include Whole Foods Market. For more information, contact Mike Stone, Albeco, Inc., 150 Shoreline Highway, Building D, Mill Valley, CA 94941; 415-289-5720, Fax 415-289-0141; Web site: www.molliestones.com.

Meijer, Inc. trades as Meijer at 185 locations throughout IL, IN, KY, MI and OH. The stores, offering a full grocery department in addition to fashion, automotive, home décor, health and beauty, electronics and pharmacy departments, occupy spaces of 56,000 sq.ft. or 193,000 sq.ft. in freestanding locations and power centers. A land area of 15 to 25 acres is required for freestanding locations. For more information, contact Mike Kinstle, Meijer, Inc., 2929 Walker Avenue Northwest, Grand Rapids, MI 49544; 616-453-6711, Fax 616-735-8887; Web site: www.meijer.com.

Postmaster: PeriodicalImportant

NewsPlease

Expedite

Volume XXV No. VIII February 26, 2010

For more news go to:www.dealmakers.net

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

FEaTuRiNg

ThIs Issue coNTaINs INFormaTIoN oN:* Retailers operating 40,603 locations with plans to open 1,155 sites

* Real estate valued in excess of $627.2 million to be bought, sold & financed* Leasing activity on over 4.8 million sq.ft. of retail properties

Supermarket Chains Expand Nationwide

(continued on page seven)

Pg. 3

Pg. 4

Pg. 6

Pg. 5

Pg. 10

Pg. 7

Pg. 8

Pg. 9

Pg. 9

Pg. 9

Pg. 11

Pg. 12

Pg. 15

New ConstructionLee & Associates is preleasing a 55-acre project in Lake Elsinore, CA ..........................

OpeningsJos. A. Bank will open stores nationwide and offer tuxedo rentals ..................................

Systemax will open a CompUSA in Chicago, IL ......

Buyers & SellersBrauvin Net Lease acquired a Best Buy site in Grand Junction, CO ........................

Global Real Estate Advisors is selling a Big Kmart site located in Conneaut, OH ..................

Lease SigningsCrosland negotiated a lease with Mellow Mushroom in Myers Park, NC ....................

Food Retailers ExpandThe Melting Pot looks throughout the midwestern, northeastern and western U.S.

Sources of FinancingDockerty Romer & Co. arranged a $14.98 million acquisition loan for a center in Winter Haven, FL .............

In The NewsLee & Associates hired Rick Scardino as director-retail brokerage in its Chicago, IL office

ExclusivesSaugatuck Commercial represents NexCen Brands throughout the Northeast ......

Lead SheetThe Learning Experience looks to enter IL ....................

Putting Edge is seeking sites nationwide ...........................

Space Place ..........................

Midwest IDEXWest Florida IDEX

WE BUY FREESTANDING BUILDINGS

Visit us at the ICSC convention in New YorkBooth #397 (Hilton - Americas Hall 1)1.888.KIN.PROP

WHO WE AREPrivately Held Commercial Real Estate CompanyOwners of 850 Buildings with 30,000,000 SQFTIn Business For Nearly 50 YearsCash Buyer; Can Close FAST

KIN

KIN

WHAT WE BUYFreestanding, Single Tenant BuildingsCredit or Non-Credit Tenants3+ Years Of Term LeftBelow Market Rents

We Will Also Consider Fee (Subject To Ground Leases), Power Centers or Sale/Lease Back Portfolios

KIN

Kin Properties

KEY CONTACTS FOR ACQUISITIONS:

KINAll ShapesRetail, Industrial, Office

All Sizes3,000 - 1,000,000+ sqft

All OverThe Continental United States

JEFFREY SANDELMANPresident

(561) 620-9200 ext [email protected]

ANDREW SCHREIERExecutive Vice President


LEE CHERNEYSenior Vice President


Phone: 561.620.9200 Fax 561.955.9921 www.kinproperties.com185 NW Spanish River Blvd. Suite 100 Boca Raton Florida 33431

Lee & Associates is preleasing The Diamond, a 55-acre mixed-use project featuring a 200,000 sq.ft. lifestyle center located at the intersection of Diamond Drive and Lakeshore Drive in Lake Elsinore, CA. Anchor and junior anchor spaces are available along with pad sites. Area retail includes CVS, Walmart, Denny’s, Vons, Albertson’s and Rite Aid. Area demographics include a population of 90,303 within a five-mile radius earning an average household income of $69,059. The average daily traffic count is 16,800 vehicles. The project is slated to open later this year or during the early part of 2011.

For more information, contact Brian Bielatowicz or Andrew McLean, Lee & Associates, 25240 Hancock Avenue, Suite 100, Murrieta, CA 92562; 951-445-4515/4521; Emails: [email protected] and [email protected]; Web site: www.lee-associates.com.

Cobra Properties is redeveloping and expanding Shoppes at Odessa, a 300,000 sq.ft. center located along West Old Highway 40 in Odessa, MO. Spaces from 1,000 sq.ft. to 12,999 sq.ft. are available along with 200,000 sq.ft. of expansion space. Cotenants include Reebok, dressbarn, rue21 and Shoe Carnival. Area demographics include a population of 56,826 within a 15-mile radius earning an average household income of $54,545. The company is also preleasing the second phase of Shops at Seymour, a 141,050 sq.ft. center located at the intersection of Interstate 65 and Highway 50 in Seymour, IN. Spaces from 1,200 sq.ft. to 110,000 sq.ft. are available. Cotenants include Great Escape Cinema, Polo Ralph Lauren, Factory Brand Shoes, Kitchen Collection, L’egg Hanes Bali and Bon Worth. Area demographics include a population of 74,304 within a 15-mile radius earning an average household income of $53,222. For more information, contact Randy Garciga, Cobra Properties, 13353 Northeast 17th Avenue, North Miami, FL 33181; 305-893-5018 or 888-314-4167, Fax 305-891-7218; Email: [email protected]; Web site: www.cobraproperties.com.

Capital Retail Group is preleasing Post Park, a mixed-use center featuring a 396-unit multi-family component and a 1,750 sq.ft. retail component located along East-West Highway in Hyattsville, MD. The average daily traffic count is 24,601 vehicles. For more information, contact Robert Tack or Michelle Tack, Capital Retail Group, 1401 14th Street Northwest, 3rd Floor, Washington, DC 20005; 202-319-2884 or 202-370-1351; Emails: [email protected] and [email protected].

JBG Rosenfeld Retail is redeveloping L’Enfant Plaza, a mixed-use transportation center located above L’Enfant Plaza Station along L’Enfant Promenade in Washington, DC. The project includes a 205,000 sq.ft. retail component in addition to hospitality and office components. For more information, contact Billy Orlove, JBG Rosenfeld Retail, 4445 Willard Avenue, Suite 700, Chevy Chase, MD 20815; 301-657-7343; Email: [email protected]; Web site: www.jbgr.com.

R. J. Brunelli & Co., Inc. is preleasing additional phases of a center located at the intersection of Gordons Corner Road and Wilson Avenue in Manalapan, NJ. Walgreens anchors the project and cotenants include Dunkin’ Donuts, Subway and The Goddard School. Area retail includes Quick Chek, Sovereign Bank and CVS. Area demographics include a population of 87,936 within a five-mile radius earning an average household income of $142,175. For more information, contact Ron DeLuca, R.J. Brunelli & Co., Inc., 400 Perrine Road, Suite 405, Old Bridge, NJ 08857; 732-721-5800, Fax 732-721-9241; Email: [email protected].

Wilmorite Management Group is redeveloping The Marketplace Mall located in Rochester, NY. The Bon-Ton, JCPenney, Macy’s, Sears and Dick’s Sporting Goods anchor the center along with a future Barnes & Noble. Cotenants include Hollister, Starbucks, Justice, Gap, Gap Kids, Banana Republic, Delia’s, Ann Taylor Loft, Abercrombie & Fitch, Urban Behavior, Land’s End Inlet, American Eagle Outfitters, The Children’s Place and Aeropostale. Trade-area demographics include a population of 812,088 earning an average household income of $65,429. The redevelopment is slated for completion later this year. For more information, contact Wilmorite Management Group, 1265 Scottsville Road, Rochester, NY 14624; 585-464-9400, Fax 585-464-0706; Web site: www.wilmorite.com.

Eastern Retail Properties is redeveloping Bennington Marketplace, a center located along Route 7A/Northside Drive in Bennington, VT. A 15,000 sq.ft. space is available. A Walmart Supercenter will replace an existing Walmart as anchor and cotenants include Price Chopper, Sears, Fashion Bug and Rent-A-Center. Area retail includes Home Depot, Dollar Tree, AT&T Mobility, Hannaford, Chili’s, Wendy’s, Pizza Hut, Advance Auto, CVS, McDonald’s, Aldi, Taco Bell/KFC, JCPenney, Staples, RadioShack and Payless ShoeSource. Area demographics include a population of 62,333 within a 15-mile radius earning a median household income of $47,194. The average daily traffic count is 16,700 vehicles. For more information, contact Mike Hotarek, Eastern Retail Properties, One Gateway Center, Suite 611, Newton, MA 02458; 617-630-1187, Fax 617-630-1190; Email: [email protected]; Web site: www.easternretail.com.

The Dealmakers TM (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.

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 08690-0630 or 100 Youngs Road, Mercerville, NJ 08619. Periodical postage paid at Trenton, NJ and at additional mailing offices.

Affiliated with Tenant Search, E.S.P., Properties by FaxCopyright 2010 by TKO Real Estate Advisory Group Inc.

609-587-6200, fax 609-587-3511.

President/Publisher..............................

Vice President ..................................

Art Director.................................

Editor..................................................

Editor............................................

Editor...............................................

Director of Circulation.....................

Advertising Coordinator............

Founder.....................................................

Ann O'[email protected]

Alyson [email protected]

Anthony [email protected]

Erin [email protected]

Nicholas [email protected]

Adam [email protected]

Jane [email protected]

Stephani [email protected]

Ted Kraus1979–2007

www.dealmakers.net The Dealmakers February 26, 2010 page 3

New CoNstruCtioN

DM

McDonald’s Corp. (630-623-3000), through a franchisee, will open a 4,000 sq.ft. McDonald’s fast-food restaurant along West Amarillo Boulevard in Canyon, TX.

CVS Caremark Corp. (877-265-7325) will open a CVS along U.S. Highway 460 in Roanoke, VA during May. The 13,000 sq.ft. drugstore will feature a drive-thru and will replace an existing store located along Orange Avenue.

Panera Bread Co. (314-633-7100), through franchisee Covelli Enterprises, LLC, will open a Panera Bread restaurant at Deerfield Town Center, located along Oak Point Road in Amherst, OH. The company currently operates 1,362 bakery-cafes, trading as Panera Bread, Saint Louis Bread Co. and Paradise Bakery & Café, throughout 40 states nationwide and Canada, including 31 restaurants throughout northeastern OH.

H.E. Butt Grocery Co. (210-938-8000) will open an H-E-B supermarket in San Benito, TX as part of a plan to open 13 stores this year. The company will also renovate 60 existing stores. The company currently operates 300 stores throughout TX and Mexico.

Jos. A. Bank Clothiers, Inc. (410-239-2700) will open Jos. A. Bank stores nationwide this year as part of an accelerated expansion plan to capitalize on a weak commercial real-estate market. The company will also begin testing tuxedo rentals in 5% of its store base before expanding the concept to half its stores by the spring. The company currently operates 474 stores, offering men’s business and formal apparel as well as accessories, nationwide.

Best Buy Co., Inc. (612-291-1000) will open a 35,000 sq.ft. Best Buy store in a former Circuit City site at Concord Mills, a retail center located along Interstate 85 in Charlotte, NC. The tenant joins Bass Pro Shops at the center.

z pizza (949-719-3800), through franchisees, will open as many as 400 zpizza pizzerias nationwide during the next several years. The restaurants, offering a menu featuring organic pizzas, sandwiches, calzones, salads and pasta, occupy spaces of 1,100 sq.ft. to 1,500 sq.ft. and provide seating for 30 guests. The company currently operates 95 fast-casual pizzerias nationwide and in Mexico City, Mexico and Riyadh, Saudi Arabia.

Apple, Inc. (408-996-1010) plans to open an Apple store in Palo Alto, CA. The new location will replace the company’s existing store in Palo Alto, will be located less than two blocks away from it and, at 10,700 sq.ft., will be more than twice the size of the former location. The location will feature a transparent façade and skylights to allow for indoor vegetation, and is part of the company’s move to open larger and more iconic stores to accommodate increased traffic.

Wegmans Food Markets, Inc. (585-328-2550) plans to open a Wegmans supermarket along East Avenue in Rochester, NY. The store will replace an existing Wegmans location at the site and will be twice as large as the existing store and feature a Market Café prepared food and dining area.

Publix Super Markets, Inc. (863-688-1188) will open a 54,000 sq.ft. Publix Supermarket at the intersection of Tampa Palms Boulevard and Bruce B. Downs Boulevard in Tampa, FL later this year. The supermarket will replace a 48,000 sq.ft. Publix Supermarket formerly located at the site.

page 4 February 26, 2010 The Dealmakers www.dealmakers.net

Choosing the Right Site is Crucial to Your SuccessAvoid Investing in Locations ThatWon’t Meet Your Revenue Expectations.It is imperative in today’s economy that you are right about your site locationdecisions. One bad site choice can cost you millions in lost revenue.

Nielsen Claritas provides accurate answers to the following questions:• Where should I open new sites?• Which unproductive sites should I close?• Where are my best opportunities for expansion?

With accurate demographics, robust technology and the largest partner networkin the industry, our state-of-the-art solutions transform site location strategiesinto actionable plans for success.

2009 Nielsen Claritas UpdateDemographics NowAvailable!

Visit www.claritas.com/dealmakersfor details or call (877) 707-2385.

s at ICSC’s RECon Booth #5000.

© 2009 The Nielsen Company. All rights reserved.

who’s opeNiNg aNd where

(continued on page six)

Marcus & Millichap Real Estate Investment Services is selling a 5,436 sq.ft. restaurant situated on a 0.287-acre parcel at the intersection of Thomas Avenue and Allen Street in Dallas, TX. The tenant is bound to a 10-year NNN lease set to expire during December 2018 featuring annual rent escalations. Area demographics include a population of 348,836 within a five-mile radius. The NOI is $221,400. The asking price is $2.46 million with a Cap rate of 9%. The company is also selling a 2,346 sq.ft. Jiffy Lube situated on 0.429 acres along Ohlen Road in Austin, TX. The tenant is bound to a 28-year NNN lease set to expire during February 2023 featuring two, five-year options and 10% rent escalations at each option. The NOI is $98,559. The asking price is $1.15 million with a Cap rate of 8.57%. The company is also selling Riceland Pavilion I, a 75,660 sq.ft. neighborhood center located along Garth Road in Baytown, TX. Tenants include Office Depot, Old Navy, Lane Bryant, Famous Footwear and RadioShack. Area retail includes Walmart Supercenter, Target, Kroger, Home Depot, Lowe’s Home Improvement and Best Buy. The NOI is $950,526. The asking price is $11.185 million with a Cap rate of 8.5%. Two partial loans with interest rates of 6% are available for assumption. For more information regarding the Dallas property, contact Marcus & Millichap Real Estate Investment Services, 14185 North Dallas Parkway, Suite 650, Dallas, TX 75254; 972-755-5200, Fax 972-755-5210; Web site: www.marcusmillichap.com. For more information regarding the Austin property, contact 8310 North Capital of Texas Highway, Suite 150, Austin, TX 78731; 512-338-7800, Fax 512-338-7810. For more information regarding the Baytown property, contact 777 Post Oak Boulevard, Suite 900, Houston, TX 77056; 713-452-4200, Fax 713- 452-4210.

The Vanguard Group is selling retail condominiums at River Place, a 19,600 sq.ft. center located along Main Street in Butler, NJ. Spaces from 702 sq.ft. to 7,333 sq.ft. are available for sale or rent-to-own. Other tenants in the center include Dunkin’ Donuts, Rita’s and Subway. Area demographics include a population of 59,783 within a five-mile radius earning an average household income of $111,480. For more information, contact Neal J. Richards, The Vanguard Group, 195 Columbia Turnpike, Suite 100, Florham Park, NJ 07932; 973-443-9700 Ext. 15, Fax 973-966-0123; Email: [email protected]; Web site: www.vanguardsite.com.

TM 1031 Exchange, Inc. is selling a Family Dollar site in Jeanerette, LA. The asking price is $811,827 with a Cap rate of 9.3%. The company is also selling a Taco Bell site located in Chandler, AZ. The tenant is bound to a NNN lease featuring 10% rent escalations every five years. Area retail includes Target. The asking price is $1.76 million with a Cap rate of 9%. The company is also selling a National Tire & Battery site located in Lilburn, GA. The tenant is bound to a NNN lease featuring rent escalations. The asking price is $2 million with a Cap rate of 8.2%. The company is also selling a Border’s site located in Orlando, FL. The tenant is bound to a NNN lease. The asking price is $3.92 million with a Cap rate of 14.7%. The company is also selling a Kohl’s site located in McAllen, TX. The tenant is bound to a NNN lease with 16 years remaining on the original lease term featuring options and rent escalations at each option. The asking price is $7.4 million with a Cap rate of 8.15%. For more information, contact Tim Marshall, TM 1031 Exchange, Inc.; 877-486-1031; Email: [email protected].

Fox Properties is selling a 15,120 sq.ft. Walgreens situated on a land area of 90,243 sq.ft. site along Wallisville Road in Houston, TX. The tenant is bound to a 20-year lease set to expire during March 2020 featuring eight, five-year options. The NOI is $336,420. The asking price is $4.984 million with a Cap rate of 6.75%. The company is also selling outparcels at The Plaza at Highway 249, located at the intersection of Highway 249/West Mount Houston Road and Veteran’s Memorial Road/Stuebner Airline Road in Houston, TX. Two divisible parcels of 37,525 sq.ft. and 88,856 sq.ft. are available. Area demographics include a population of 546,219 within a seven-mile radius earning an average household income of $47,230. The average daily traffic count is 76,600 vehicles. For more information, contact Amanda Fox, Fox Properties; 713-622-2007, Fax 713-993-0103; Email: [email protected]. Or Will Deane, WCF Development; Email: [email protected].

Eastern Net Lease Advisors is looking to acquire NN- and NNN-leased properties located throughout MA. Suitable properties are priced between $1 million and $10 million, with properties priced between $11 million and $20 million with assumable non-recourse financing also considered. For more information, contact Michael R. O’Mara, Eastern Net Lease Advisors; 617-549-5154; Email: [email protected]; Web site: www.eastern1031.net.

Brauvin Real Estate Funds, through its acquisition arm Brauvin Net Lease, Inc., acquired a 30,701 sq.ft. Best Buy located in Grand Junction, CO. Area retail includes Mesa Mall, featuring Target, Sears, JCPenney and Herberger’s. The company acquired the site for $4.211 million. The company is also looking to acquire single-tenant properties nationwide. Suitable properties are fee simple, feature tenants bound to NNN leases or NN leases with rent escalations, are located in areas with trade-area populations above 50,000 and are priced between $1 million and $5 million. For more information, contact Mark C. Lewensohn or Eric Saltzman, Brauvin Real Estate Funds, 205 North Michigan Avenue, Suite 1900, Chicago, IL 60601; 312-759-7662/ 7668; Emails: [email protected] and [email protected].

Henry S. Miller Brokerage, LLC is selling a 30,000 sq.ft. shopping center development situated on 6.46 acres at the intersection of FM 3040 and Morris Road/Gerault Road in Flower Mound, TX. Area retail includes Kroger and Bank of America. Area demographics include a population of 187,333 within a five-mile radius earning an average household income of $96,315. The average daily traffic count is 45,507 vehicles. The asking price is $2.954 million. For more information, contact Vaughn Miller, Daniel Harris or Thad Beckner, Henry S. Miller Brokerage, LLC, 5001 Spring Valley Road, 1100 Providence Towers West, Dallas, TX 75244; 972-419-4040/4049/4041, Fax 972-419-4099; Web site: www.henrysmiller.com.

Sperry Van Ness|Location333 Realty is selling Bayshore Retail Center, a 161,000 sq.ft. center situated on 55 acres in Cape May, NJ. The center is 95% occupied with tenants including Acme, Big Lots, Dollar Tree and Sears Appliance. The NOI is $853,304. The asking price is $9.95 million with a Cap rate of 8.58%. For more information, contact Mark D. Berk, Sperry Van Ness|Location333 Realty, 15 East Front Street, Media, PA 19063; 610-891-8988, Fax 610-891-0254; Email: [email protected].

Garrison Group, Inc. is selling a 28,600 sq.ft. former grocery store situated on 5.1 acres in Springfield, IL. The property is bank-owned. For more information, contact Roger D. Garrison, Garrison Group, Inc., 1999 Wabash Avenue, Suite 202, Springfield, IL 62704; 217-241-0202, Fax 217-241-4202; Email: [email protected]; Web site: www.garrisongroupinc.com.


Buyers aNd sellers

(continued on page ten)

Pristine Pools & Spas, LLC (208-321-0212) will open a 24,000 sq.ft. Pristine Pools & Spa store in Meridian, ID during the spring. The store, intended as a virtual outdoor showroom, will feature showroom space and a design center and will offer pool supplies and equipment.

Crocs, Inc. (303-848-7000) will open a Crocs shoe store at the intersection of Spring Street and Wooster Street in the Soho area of Manhattan, NY. The store, offering shoes, apparel and accessories, will occupy a converted house featuring a re-bricked façade and a glass addition.

Dunkin’ Brands, Inc. (781-737-3000), through franchisees, plans to open as many as 30 Baskin-Robbins ice cream parlors throughout Broward and Miami-Dade counties in FL during the next several years. The company currently operates 6,000 units internationally throughout 35 countries, including 2,700 stores nationwide. The company currently operates three concepts: Café BR, a high-end dessert bar offering ice cream and coffee items; traditional Baskin-Robbins stores offering ice cream and other frozen desserts, and BR Express, a kiosk-based store offering a simplified menu of items used in standalone and co-branding situations.

Macy’s, Inc. (513-579-7000) will open a Bloomingdale’s department store in Santa Monica, CA and opened the chain’s first international location with a store in Dubai this year. The company will also close five Macy’s department stores, including sites in Boise, ID; at Summit Place Mall in Waterford Township, MI; at Northwest Plaza in St. Ann, MO; in Missoula, MT and at Burlington Center Mall in Burlington, NJ. The closings are part of the company’s annual pruning of underperforming stores. With the closings, the company currently operates 849 units nationwide, including 809 Macy’s and 40 Bloomingdale’s stores.

Cincinnati Habitat for Humanity (513-621-4147) will open a ReStore at a former Community Press site located along Para Drive in the Bond Hill area of Cincinnati, OH next month. The stores offer donated new and used building supplies, appliances, furniture and home furnishings. The company will use the remainder of the space in the building to house its Cincinnati headquarters and a warehouse to store donated goods. Habitat for Humanity International currently operates 638 ReStore locations nationwide including 22 in OH.

Systemax, Inc. (516-625-4300) will open a CompUSA electronics store in a former Circuit City site located along Elston Avenue in Chicago, IL. The company acquired the CompUSA brand two years ago following CompUSA, Inc.’s bankruptcy and liquidation, and the new stores are in its Retail 2.0 concept. The concept features TVs displaying manufacturer-specific information, interactive displays for handheld electronics and Internet access throughout the store. The opening will be the company’s fourth in the Chicago area, joining stores in Hoffman Estates, Naperville and Orland Park, IL.

Stage Stores, Inc. (713-667-5601) will open a Goody’s department store at County Marketplace, a retail center located along West Reelfoot Avenue in Union City, TN, next month. The company currently operates 745 stores nationwide throughout 39 states, trading as Bealls, Palais Royal, Stage, Peebles and Goody’s.

Qdoba Restaurant, Inc. (720-898-2300), through a franchisee, will open a 2,500 sq.ft. Qdoba Mexican Grill restaurant along Liberty Road in Sykesville, MD as part of a plan by the company to open 40 franchise locations throughout MD this year, including six in the Baltimore metropolitan area. The company currently operates 470 units throughout 42 states nationwide.


+ Stores typically range from 6,500 square feet to 8,000 square feet

+ Must accommodate between 25 and 40 uncongested, customer-friendly parking spaces

+ Stores require up-front, high-impact locations with excellent visibility & access from adjacent streets

+ Land purchases, ground leases, existing space, and build-to-suit opportunities considered

Visit our website at www.autozonerealestate.com for additional informationStore 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.

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.

TIMES LIKE THESECALL FOR AUTOZONE!

Growing Strong… Over 4,400 stores, and we open more every weekStores that are 100% Company owned and operated… No franchisesFinancially Disciplined… We make the right decisions to protect our shareholdersreliable… Whether purchase money or rent, our funds will be there…on time, every timerock Solid… AutoZone continues to grow and prosper during these challenging times

33333

who’s opeNiNg aNd where

(continued from page four)

DM

Centro Properties Group (212-869-3000) signed a lease with County Line Dollar Store for 6,864 sq.ft. at Bennetts Mills Plaza, located at the intersection of Jackson Mills-Lakewood Road and West County Line Road in Jackson, NJ. The company also signed a lease with Chuze Fitness for 16,221 sq.ft. at Felicita Plaza, located at the intersection of West Felecita Avenue/West 17th Street and South Centre City Parkway in Escondido, CA. Grubb & Ellis BRE represented the tenant in the transaction. The company also signed a lease with Roundabouts Consignment for 36,000 sq.ft. at Park Centre, located at the intersection of U.S. Route 1/Two Notch Road and Polo Road in Columbia, SC. The company also signed a lease with Goodwill Industries for 15,000 sq.ft. at Bethlehem Square, located along Route 191/Nazareth Pike in Bethlehem, PA. Coldwell Banker Commercial|Bennett Williams represented the tenant in the transaction. The company also signed a lease with Fashion Kraze for space at University Mall, located at the intersection of Tupper Road and Route 11/East Main Street in Canton, NY. The company also signed a lease with $5 Fashions for 1,750 sq.ft. at Seminole Plaza, located at the intersection of Highway 19/Seminole Boulevard and 74th Boulevard/Park Boulevard in Seminole, FL. Colliers Arnold represented the tenant in the transaction.

Ludwig & Seeley, Inc. Real Estate (248-750-1700) negotiated a lease with Steak & Tavern for a 7,734 sq.ft. former Steak & Ale site located along Orchard Lake Road in Farmington Hills, MI. The company represented the tenant and the landlord in the transaction. The company also negotiated a lease with Piepers Pies for 1,013 sq.ft. at Kingswood Square Plaza, located along Woodward Avenue in Bloomfield Hills, MI. The company represented the landlord in the transaction. The company also negotiated a lease with Scrubbers Self Serve Dog Wash for 1,402 sq.ft. at Oak Tree Shops, located at the intersection of Woodward Avenue and Webster Road in Royal Oak, MI. The company represented the landlord in the transaction. The company also negotiated a lease with Anytime Fitness for 3,500 sq.ft. along North Ortonville Road in Ortonville, MI. The company represented the tenant and the landlord in the transaction.

Crosland, LLC (704-561-5265) negotiated a lease with Mellow Mushroom for a 5,740 sq.ft. space at Tranquil Court on Selwyn, a mixed-use development with retail, residential and office components located at the intersection of Selwyn Avenue and Tranquil Avenue in Myers Park, NC.

Raybec Investment Co., Ltd. (773-478-5000) negotiated leases with Family Video and L.A. Tan for spaces at Linden Plaza Shopping Center, an 85,000 sq.ft. center located at the intersection of Grand Avenue and Sand Lake Road in Lindenhurst, IL. The company represented the tenants and Atwater Group represented the landlord in the transactions. The company also negotiated a lease with CosmoProf for space at Hickory Creek Plaza, located along Route 30/Lincoln Highway in New Lenox, IL. The tenant joins First Midwest Bank, Quiznos, Charles Morris Salon, Nancy’s Pizza, H&R Block, Curves and Provena Medical at the center. The company represented the landlord and CB Richard Ellis represented the tenant in the transaction.

Colliers Turley Martin Tucker (612-347-9332) negotiated a lease with Raku Japanese Restaurant for 3,259 sq.ft. along West 50th Street in Edina, MN. The company represented the landlord in the transaction. The company also negotiated a lease with Vino 100 for 1,841 sq.ft. along Vicksburg Lane in Plymouth, MN. The company represented the tenant in the transaction.

Glickman Kovago & Co. (508-753-9100) negotiated a lease with Panera Bread for 4,000 sq.ft. at the site of a former Dodge dealership along Gold Star Boulevard in Worcester, MA. The company represented the landlord and National Commercial Brokers represented the tenant in the transaction.

LaKritz-Weber & Co. (248-353-9494) negotiated a lease with a restaurant for the 4,277 sq.ft. former Country Creek diner at Country Creek Commons, located along Adams Road in Oakland Township, MI. The company represented the landlord and the tenant in the transaction.

NewMark Merrill Cos. (818-710-6100) negotiated a five-year lease with Riverland Clothing for 7,631 sq.ft. and a lease with Padavo Home Furnishings for space at Janss Marketplace, a retail center located at the intersection of Moorpark Road and Hillcrest Drive in Thousand Oaks, CA. The tenants join Toys “R” Us, Mann Theaters, Old Navy, Marshalls, Buca di Beppo, Panera Bread and T.G.I. Friday’s at the center. The company represented the landlord in the transactions.

Konover South, LLC (954-354-8282) signed a lease with Pizza and Pasta Express for 1,609 sq.ft. at Poinciana Place Shopping Center, located at the intersection of U.S. Highway 192 and State Route 535 in Kissimmee, FL. The tenant joins Smokey Bones Barbeque & Grill and Blockbuster Video.


lease sigNiNgssupermarket ChaiNs expaNd NatioNwide

(continued from page one)

DM

Giant Food Stores, LLC trades as Giant and Martin’s at 152 locations throughout MD, PA, VA and WV. The supermarkets occupy spaces of 30,000 sq.ft. to 73,000 sq.ft. in freestanding locations and lifestyle, power and strip centers. Plans call for four to six openings throughout the existing markets during the coming 18 months. Typical leases run 20 years. For more information, contact Joe LaCagnina, Giant Food Stores, LLC, 1149 Harrisburg Pike, Carlisle, PA 17013; 717-240-7601, Fax 717-240-7595; Email: [email protected].

Market Basket Foods Stores operates 17 locations throughout NC. The supermarkets, featuring produce, meat, floral, bakery and in select locations, pharmacy departments, occupy spaces of 12,000 sq.ft. to 27,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run five years with two, five-year options. For more information, contact R.D. Hunt, Market Basket Food Stores, 393 3rd Avenue Southwest, Taylorsville, NC 28681; 828-632-9230, Fax 828-632-0836.

Harold Friedman, Inc. trades as Friedman’s Fresh Markets and East Brady Fresh Market at six locations throughout PA. The supermarkets occupy spaces in freestanding locations and strip centers. Plans call for one opening in the existing market during the coming 18 months. Typical leases run 15 years. A vanilla shell or specific improvements are required. For more information, contact Carole F. Bitter, Harold Friedman, Inc., 530 Fairground Hill, Butler, PA 16001; 724-283-6030, Fax 724-287-5549; Email: [email protected]; Web site: www.friedmansfreshmarkets.com.

Binghamton Giant Markets, Inc. trades as Giant Food Market at 12 locations throughout NY. The supermarkets occupy spaces of 11,000 sq.ft. to 70,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout upstate NY and northeastern PA during the coming 18 months. The company prefers to acquire sites. For more information, contact Ferris Akel, Binghamton Giant Markets, Inc., 2548 Vestal Parkway East, Vestal, NY 13850; 607-763-8770, Fax 607-763-8774; Web site: www.giantmarkets.com. D

M

Schakolad Chocolate Factory operates 32 locations throughout CT, FL, GA, IN, MI, OH, TN, TX, VA and Washington, DC, as well as internationally. The stores, offering chocolates and gift items, occupy spaces of 1,200 sq.ft. to 1,600 sq.ft. in entertainment, lifestyle, specialty and tourist centers in addition to urban/downtown areas. Growth opportunities are sought throughout the eastern and western regions of the U.S. during the coming 18 months. Typical leases run five years with a five-year option. A vanilla shell is required. Preferred cotenants include The Cheesecake Factory, Marble Slab Creamery and Starbucks. Preferred demographics include a population of 50,000 within five miles earning $50,000 as the average household income. Major competitors include Godiva. The company is franchising. For more information, contact Edgar Schaked, Schakolad Chocolate Factory, 5966 Lakehurst Drive, Orlando, FL 32819; 407-248-6400, Fax 407-248-1466; Email: [email protected]; Web site: www.schakolad.com.

Panera Bread operates 1,362 locations nationwide and throughout Canada. The restaurants, offering sandwiches, salads, soups and desserts, occupy spaces of 4,000 sq.ft. to 4,500 sq.ft. in power, specialty and strip centers. Growth opportunities are sought throughout Bronx, Dutchess, Orange, Putnam, Rockland and Westchester counties in NY during the coming 18 months, with representation by Aries Deitch & Endelson. A vanilla shell and specific improvements are required. For more information, contact Bill Hesse, Aries Deitch & Endelson, 110 South Central Avenue, Hartsdale, NY 10530; 914-949-2800 Ext. 101, Fax 914-949-2424; Email: [email protected]; Web site: www.ade-re.com.

Captain Tony’s Pizza, Inc. trades as Captain Tony’s Pizza at 10 locations throughout AZ, CA, KS, NY and OH, as well as internationally. The pizzerias occupy spaces of 1,000 sq.ft. to 3,000 sq.ft. in malls and power and strip centers. Growth opportunities are sought nationwide and internationally during the coming 18 months. Preferred demographics include a population of 20,000 within one mile earning $40,000 as the average household income. For more information, contact Michael Martella, Captain Tony’s Pizza, Inc., 2607 South Woodland Boulevard, Suite 300, Deland, FL 32720; 386-736-9855; Email: [email protected]; Web site: www.captaintonys.com.

Subway Real Estate Corp. trades as Subway at 32,190 locations nationwide and internationally. The sandwich shops occupy spaces of 800 sq.ft. to 2,000 sq.ft. in freestanding locations, malls and entertainment, lifestyle, power, specialty, strip, tourist and value centers, in addition to urban/downtown areas. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run five years with options. The company is franchising. For more information, contact John Devine, Subway Real Estate Corp., 325 Bic Drive, Milford, CT 06461; 800-888-4848 Ext. 1433, Fax 203-783-7433; Email: [email protected]; Web site: www.subway.com.

The Melting Pot Restaurants, Inc. trades as The Melting Pot Restaurant at 147 locations nationwide and throughout Canada. The restaurants, featuring a full-service fondue-based 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, in addition to urban/downtown areas. Growth opportunities are sought throughout the midwestern, northeastern and western regions of the U.S. during the coming 18 months. Typical leases run 10 years. Preferred demographics include a population of 250,000 within 10 miles earning $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; 813-881-0055, Fax 813-367-0076; Email: [email protected]; Web site: www.meltingpot.com.

Marco’s Franchising, LLC trades as Marco’s Pizza at 200 locations nationwide. The pizzerias occupy spaces of 1,200 sq.ft. to 1,600 sq.ft. in strip centers. Plans call for 75 openings throughout FL, GA, Cincinnati, OH; Oklahoma City, OK; Nashville, TN and Austin, TX during the coming 18 months. Typical leases run 10 years with options. A vanilla shell and tenant improvement allowance are required. Preferred cotenants include AT&T Mobility, Blockbuster Video and Sprint. Preferred demographics include a population of 20,000 within three miles earning $40,000 as the average household income. Major competitors include Papa John’s and Pizza Hut. The company is franchising. For more information, contact Steve Hoza, Marco’s Franchising, LLC, 5252 Monroe Street, Toledo, OH 43623; 419-885-7000, Fax 419-885-5215; Email: [email protected]; Web site: www.marcos.com.

Corner Bakery Café operates 116 locations throughout AZ, CA, CO, GA, IL, MD, MS, PA, TX, UT, VA and Washington, DC. The cafes occupy spaces of 3,300 sq.ft. to 4,400 sq.ft. in endcaps of entertainment, power, specialty and strip centers, in addition to urban/downtown areas. Growth opportunities are sought throughout the existing markets during the coming 18 months. For more information, contact Bob Hartmann, Corner Bakery Café, 12700 Park Central Drive, Suite 1300, Dallas, TX 75251; 972-619-4100; Web site: www.cornerbakery.com.

Casual Restaurant Concepts, Inc. trades as Applebee’s at 100 locations throughout FL. The casual dining restaurants occupy spaces of 5,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing market during the coming 18 months. A land area of 1.5 acres is required. For more information, contact Steve Brown, Casual Restaurant Concepts, Inc., 205 South Hoover Boulevard, Suite 402, Tampa, FL 33609; 813-286-2006, Fax 813-289-2950.

New King, Inc. trades as Burger King at eight locations throughout CT. The fast-food restaurants occupy spaces of 2,500 sq.ft. in freestanding locations and power centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run 20 years. A land area of 0.75 acres to one acre is required. For more information, contact Jack Muirhead, New King, Inc., 874 Silas Deane Highway, Wethersfield, CT 06109; 860-257-9000, Fax 860-257-9248; Email: [email protected].

Fresca’s operates eight locations throughout Phoenix, AZ and southern CA. The Mexican restaurants occupy spaces of 1,700 sq.ft. to 2,500 sq.ft. in freestanding locations and endcaps and corner spaces of strip centers. Growth opportunities are sought throughout the greater Orange County, CA area during the coming 18 months, with representation by Epsteen & Associates. For more information, contact Jason Gordon, Epsteen & Associates, 1429 4th Street, Santa Monica, CA 90401; 310-451-8171 Ext. 222, Fax 310-395-6361; Email: [email protected]; Web site: www.frescas.com.


Food retailers expaNd NatioNwide

follow us on twitter at: twitter.com/dealmakersmag

become a facebook fan at: www.dealmakers.net/fb

DM

Lee & Associates (773-355-3000) hired A. Rick Scardino as director - retail brokerage in the company’s Chicago, IL office. He operated Affinity Commercial Real Estate for seven years before shuttering that business and joining the company.

Tucker Development Corp. (847-926-9999) promoted Rob Clark from development manager to vice president of development. The company also promoted Jeff Glenner from development associate to development director. The two are responsible for leading all development activities in the company’s active markets, including IL, NJ and WI. The company specializes in the development of shopping centers and mixed-use properties throughout IL, MI, NJ, PA and WI.

Grosvenor Investment Management US, Inc. (202-778-1393) hired Robert R. Kilroy as managing director and chief portfolio manager. He will direct the firm’s portfolio management activities and serve on the company’s investment and executive committees. Prior to joining the company, Kilroy served as senior vice president for LCOR, Inc. The company, part of Grosvenor Fund Management, serves as a vehicle for third-party investment in Grosvenor-managed investments.

Stiles Realty (954-627-9377) hired Salli Jones-Doyon as a leasing agent. She will be responsible for leasing retail properties that the company represents throughout Collier and Lee counties in FL. Prior to joining the company, Jones-Doyon worked as a commercial real estate transactional broker with Colliers Arnold. The company is responsible for the leasing and management of 6.5 million sq.ft. of office, industrial, retail and mixed-use projects located throughout the Southeast.

Colliers International (617-722-0221) merged with FirstService Real Estate Advisors to combine operations and global real estate services platforms. The combined entity will trade as Colliers International while utilizing FirstService Real Estate Advisor’s operating and partnership model.

Grubb & Ellis (312-698-6707) hired Paul R. Adkins as managing director of is Washington, DC region. He will work from the company’s Washington, DC office and oversee its real estate operations in Baltimore and Bethesda, MD; Tysons Corner, VA, and Washington, DC. Prior to joining the company, Adkins held numerous senior-level positions with CarrAmerica Real Estate Services, Inc. and The Oliver Carr Co.


exClusives aNd leasiNg assigNmeNts

Saugatuck Commercial Real Estate, LLC (203-222-4194/4188/4195) represents NexCen Brands, Inc. with the franchisor’s expansion efforts throughout the Northeast for its Shoebox New York, The Athlete’s Foot, Marble Slab Creamery, Maggie Moo’s, Great American Cookies and Pretzel Maker concepts, utilizing spaces of 1,000 sq.ft. to 1,500 sq.ft. for Shoebox New York, 1,500 sq.ft. to 2,200 sq.ft. for The Athlete’s Foot, 900 sq.ft. to 1,300 sq.ft. for Marble Slab Creamery, 1,000 sq.ft. to 1,500 sq.ft. for Maggie Moo’s, 500 sq.ft. to 900 sq.ft. for Great American Cookies and 400 sq.ft. to 800 sq.ft. for Pretzel Maker locations. The company also represents Beltone in the chain’s expansion throughout New England. The hearing care service providers occupy spaces of 800 sq.ft. to 1,200 sq.ft. The company also represents Fleming’s Prime Steakhouse with the restaurant’s expansion throughout Fairfield County, CT and Westchester County, NY. The steakhouses occupy spaces of 6,000 sq.ft. to 8,000 sq.ft. The company also represents Red Bean Asian Bistro with the chain’s expansion throughout CT, NJ and NY. The upscale Asian fusion restaurants occupy spaces of 2,000 sq.ft. to 3,000 sq.ft. The company also represents Robeks with the chain’s expansion throughout CT. The health food restaurants occupy spaces of 800 sq.ft. to 1,200 sq.ft.

R.J. Brunelli & Co., Inc. (732-721-5800) represents Ulta with the chain’s expansion throughout central and northern NJ. The stores, offering cosmetics and fragrances and featuring a full-service salon, occupy spaces of 10,000 sq.ft. in freestanding locations and inline spaces of power and regional centers. Preferred demographics include a population of 90,000 within a five-mile radius earning a median household income of $85,000.

Winick Realty Group, LLC (212-792-2643/2631) represents Dor L’Dor with the chain’s expansion throughout New York, NY. The women’s fashion boutiques occupy spaces of 2,000 sq.ft. to 3,000 sq.ft. in downtown locations. The company also represents Financier Patisserie with the chain’s expansion throughout New York, NY. The bakeries occupy spaces of 500 sq.ft. to 2,000 sq.ft.

Capital Retail Group (202-319-2884) represents DuVin Market & Wine Sellers with the chain’s expansion throughout the U Street, Cleveland Park, 14th Street and Penn Quarter corridors of Washington, DC. The wine stores, also offering beers and featuring a wine-tasting bar, occupy spaces of 1,000 sq.ft. to 1,700 sq.ft.

sourCes oF FiNaNCiNg

real estate proFessioNals makiNg the News

Beckles International, Inc. arranges development financing for mixed-use properties nationwide. Funds are available in amounts ranging from $2.5 million to $8 million. The company will provide up to 80% of the required equity in partnership situations. For more information, contact Mario A. Beckles, Beckles International, Inc., 2075 Northeast 164th Street, Suite 904, North Miami Beach, FL 33162; 877-430-9583, Fax 305-675-2968; Email: [email protected]; Web site: www.becklescpa.com.

Marcus & Millichap Capital Corp. arranged a loan of $4.6 million for the acquisition of a Walgreens store in Lakewood, OH. The company’s Columbus, OH office arranged the loan, which features an interest rate of 6.57% fixed over a 23-year term with a loan-to-value ratio of 83.1%. For more information, contact Marcus & Millichap Capital Corp., 21 East State Street, Suite 2300, Columbus, OH 43215; 614-360-9800, Fax 614-360-9810; Web site: www.mmcapcorp.com.

Dockerty Romer & Co. arranged $14.98 million in acquisition financing for Colonial Promenade, a 286,297 sq.ft. center located along Cypress Gardens Boulevard in Winter Haven, FL. The non-recourse note included a five-year term, a fixed interest rate and a 30-year amortization schedule. The note amount represented a loan-to-value ratio of 70%. For more information, contact Chris Caveglia, Dockerty Romer & Co., 70 Southeast 4th Avenue, Delray Beach, FL 33483; 561-330-8000, Fax 561-330-8001; Email: [email protected].

Ocean Pacific Capital provides construction, bridge and permanent financing in amounts ranging from $1 million to $500 million for projects nationwide. Notes are available with fixed and adjustable interest rates as well as with interest-only options. For more information, contact Ocean Pacific Capital, 2 Corporate Park, Suite 102, Irvine, CA 92606; 800-595-1474, Fax 949-263-9999; Email: [email protected]; Web site: www.oceanpacificcapital.com.

DM

DM

DM

Calkain Cos., Inc. is selling a Verizon Wireless site located in Tampa, FL. The asking price is $3.792 million with a Cap rate of 8%. The company is also selling a Starbucks site located in Tampa, FL. The asking price is $1.555 million with a Cap rate of 8.1%. The company is also selling a Pep Boys site located in Kissimmee, FL. The asking price is $3.605 million with a Cap rate of 7.35%. The company is also selling a Popeye’s Chicken & Biscuits site located in Pompano Beach, FL. The asking price is $2.322 million with a Cap rate of 7.75%. For more information, contact Patrick Nutt, Calkain Cos., Inc., 4600 West Cypress Street, Suite 110, Tampa, FL 33607; 813-282-6000; Email: [email protected]; Web site: www.calkain.com.

NAI BT Commercial is selling a T-Mobile site located in Manteca, CA. The tenant is bound to a NNN lease featuring a 20% rent escalation during 2014. Area retail includes Target, Staples, Pier 1 Imports, Payless ShoeSource, T.J. Maxx, Home Depot, Starbucks, Jamba Juice, Chipotle, AT&T Mobility, Panda Express, Sprint, Applebee’s and GameStop. The asking price is $1.68 million with a Cap rate of 7.5%. For more information, contact Michael Maffia, NAI BT Commercial, 201 California Street, Suite 800, San Francisco, CA 94111; 415-677-0478; Email: [email protected]; Web site: www.maffiateam.com.

Titan Commercial is selling a 7,000 sq.ft. retail building situated on land area of 21,000 sq.ft. along West Irving Park Road in Hanover Park, IL. Area demographics include a population of 257,740 within a five-mile radius earning an average household income of $95,571. The average daily traffic count is 34,500 vehicles. The asking price is $735,000. For more information, contact Dan Steinberg or Ben Rosenfield, Titan Commercial, 225 North Columbus Drive, Suite 100, Chicago, IL 60601; 312-373-7100; Emails: [email protected] and [email protected]; Web site: www.titancre.com.

Global Real Estate Advisors, Inc. is selling a 60,842 sq.ft. Big Kmart site located in Conneaut, OH. The tenant is bound to a NNN lease. The NOI is $241,872. For more information, contact Jen Zelko, Global Real Estate Advisors, Inc., 8585 East Avenue, Cleveland, OH 44060; 440-255-5552, Fax 440-255-5553; Email: [email protected]; Web site: www.globalcommercialre.com.

Investment Realty Co. is selling a three-acre development parcel located at the intersection of Mayfield Boulevard and Interstate Highway 35 in San Antonio, TX. Area retail includes H-E-B. The average daily traffic count is 110,000 vehicles. For more information, contact Mark A. Schendel, Investment Realty Co., 16350 Blanco Road, Suite 114, San Antonio, TX 78232; 210-828-9261 Ext. 25, Fax 210-828-8797; Email: [email protected]; Web site: www.investmentrealty.com.

Seldin Co. negotiated the sale of a 70,000 sq.ft. mixed-use building located at Benson Park Plaza in Omaha, NE. Goodwill Industries, Inc. acquired the property for $5.9 million and plans to operate a 25,000 sq.ft. store and the company’s eastern NE and southwestern IA headquarters at the site. For more information, contact Randall R. Lenhoff, Seldin Co., 13057 West Center Road, Omaha, NE 68144; 402-333-7373, Fax 403-333-4281; Email: [email protected]; Web site: www.seldin.com.

RealtyLink, LLC negotiated the $2.237 million sale of an 8,142 sq.ft. Bridgestone site located in Myrtle Beach, SC. The tenant is bound to a 15-year NNN lease featuring four options and 10% rent escalations every five years. Area retail includes Walmart, Lowe’s Home Improvement, Kohl’s and Office Depot. For more information, contact RealtyLink, LLC, 14 South Main Street, 2nd Floor, Greenville, SC 29601; 864-242-4008, Fax 864-232-0160; Email: [email protected].

SRS Real Estate Partners is selling a 25,050 sq.ft. parcel located at the intersection of Route 123 and Route 58 in Abington, MA. Area retail includes Target, Stop & Shop, Lowe’s Home Improvement, CVS, Walgreens and Walmart. For more information, contact Erin Grace or Patrick A. Smith, SRS Real Estate Partners, 366 Madison Avenue, 5th Floor, New York, NY 10017; 212-710-5250; Emails: [email protected] and [email protected]; Web site: www.srsre.com.

National Realty Advisors, LLC is selling a 7,200 sq.ft. strip center located along Route 32 in Franklin, CT. The average daily traffic count is 19,100 vehicles. For more information, contact David Mieczynski, National Realty Advisors, LLC, 349 Valley Street, Suite 1, Willimantic, CT 06226; 877-672-3847, Fax 877-672-3847; Email: [email protected].


www.tenantsbymail.com

= FAST DEALS!

Our Leads& Our Training+ Your Leasing

for shopping centers,office & medical bldgs.

Leasing Leads ViaTargeted Direct Mail

Give yourleasinga lift...Our leadsare yourticket

Give yourleasinga lift...Our leadsare yourticket

40 Years Proven Success!

Buyers aNd sellers

(continued from page five)

DM

lead sheet

Bergey’s, Inc.dba Bergey’sHenry Bergey462 Harleysville PikeSouderton, PA 18964215-723-6071, Fax 215-723-4963Web site: www.bergeys.com

AutomotiveThe 17-unit chain operates locations throughout DE, MD, NJ, PA and VA. The automotive service centers occupy spaces of 6,000 sq.ft. in freestanding locations. Limited expansion is sought throughout the existing markets during the coming 18 months.

Peerless Tyre Co.Jeff Forbes5000 Kingston StreetDenver, CO 80239303-371-4300 Ext. 128, Fax 303-371-4749Web site: www.peerlesstyreco.com

AutomotiveThe 58-unit chain operates locations throughout CO, KS, NE, NM, SD, TX and WY. The automotive centers, offering tires and related services, occupy spaces of 3,000 sq.ft. to 5,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months.

The Merrill Co. & Arnold Motor Supplydba Arnold Motor SupplyDave KimbellPO Box 320Spencer, IA 51301712-262-1141, Fax 712-262-1255

AutomotiveThe 50-unit chain operates locations throughout IA, IL, MN, MO and NE. The stores, offering automotive parts and accessories, occupy spaces of 8,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months.

T.L.E. Holding Corp.dba The Learning ExperienceNick Vanella4855 Technology Way, Suite 700Boca Raton, FL 33431561-886-6400 Ext. 273, Fax 561-886-6433Email: [email protected] site: www.thelearningexperience.com

ChildcareThe 70-unit chain operates locations throughout AZ, CO, CT, FL, GA, MA, MI, MN, NC, NJ, NY, PA, TX and VA. The childcare centers occupy spaces of 11,000 sq.ft. in freestanding locations. Plans call for 45 openings throughout the existing markets, excluding TX, along with DE, IL and NH during the coming 18 months. Typical leases run 15 years with two, five-year options. A turnkey or build-to-suit is 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 locations and is franchising.

Express Lane, Inc.dba Express LaneReid Lewis1328 Jenks AvenuePanama City, FL 32401850-769-8977, Fax 850-785-3538

ConvenienceThe 53-unit chain operates locations throughout FL and GA. The convenience stores occupy spaces of 3,000 sq.ft. in freestanding locations. Limited expansion is sought throughout the existing markets during the coming 18 months.

Michael Rossy, Ltd.dba Michael Rossy StoresMichael Rossy, Sr.450 Boulevard LebeauSt. Laurent, Quebec, Canada, H4N 1R7514-335-6255, Fax 514-335-9690Email: [email protected]

Department StoreThe 60-unit chain operates locations throughout New Brunswick and Quebec, Canada. The department stores occupy spaces of 15,000 sq.ft. to 25,000 sq.ft. in malls and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months.


Metropolitan Theatres Corp.dba Metropolitan TheatresDale Davison8727 West 3rd StreetLos Angeles, CA 90048310-858-2843, Fax 310-858-2854Email: [email protected] site: www.metropolitantheatres.com

EntertainmentThe 20-unit chain operates locations throughout CA, CO, ID, UT and British Columbia, Canada. The movie theaters occupy spaces of 40,000 sq.ft. in freestanding locations, regional malls and strip centers. Growth opportunities are sought throughout the western region of the U.S. and British Columbia, Canada during the coming 18 months.

Putting Edge Corp.dba Putting EdgeJerry Vanderburgh2010 Winston Park Drive, Suite 502Oakville, Ontario, Canada L6H 5R7905-855-5750, Fax 905-855-5745Email: [email protected] site: www.puttingedge.com

EntertainmentThe 19-unit chain operates locations throughout CA, CO, FL, IL, MI, MO and PA and throughout Nova Scotia, Ontario and Quebec, Canada. The indoor miniature golf centers occupy spaces of 7,000 sq.ft. in entertainment centers. Growth opportunities are sought nationwide during the coming 18 months. Typical leases run 10 years. Preferred cotenants include movie theaters. Preferred demographics include a population of 300,000 within 10 miles earning $55,000 as the average household income. Major competitors include Dave & Buster’s, bowling alleys and laser tag centers.

H&R BlockNeil Denenbergc/o Denenberg Realty Advisors230 Commercial StreetBoston, MA 02109617-720-5656, Fax 617-720-5676Email: [email protected] site: www.hrblock.com

FinanceThe company operates locations nationwide and internationally. The financial service centers occupy spaces of 800 sq.ft. to 1,200 sq.ft. in freestanding locations and inline spaces and endcaps of mixed-use and power centers. Growth opportunities are sought throughout MA during the coming 18 months, with representation by Denenberg Realty Advisors.

LA FitnessBrian Schusterc/o Ripco Real Estate420 Jericho Turnpike, Suite 100Jericho, NY 11753516-933-8880, Fax 516-933-2514Email: [email protected] site: www.ripcony.com

FitnessThe 325-unit chain operates locations nationwide. The health and fitness clubs occupy spaces of 35,000 sq.ft. to 80,000 sq.ft. in freestanding locations, power and strip centers and urban/downtown areas. Growth opportunities are sought throughout northern and central NJ and NY during the coming 18 months, with representation by Ripco Real Estate. The company will consider multi-level sites.

Buck or Two Extreme Retail, Inc.dba Buck or TwoFinlay Burt11 B Director CourtVaughan, Ontario, Canada L4L 4S5905-265-3160, Fax 905-265-3161Email: [email protected] site: www.buckortwo.com

General MerchandiseThe 65-unit chain operates locations throughout Canada. The general merchandise shops occupy spaces of 3,000 sq.ft. to 11,000 sq.ft. in malls and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months.

Build A BasketFlorian Susermanc/o The Goldstein Group266 Harristown Road, Suite 105Glen Rock, NJ 07452201-703-9700 Ext. 23, Fax 201-703-9678Email: [email protected] site: www.thegoldsteingroup.com

GiftsThe three-unit chain operates locations in East Hanover, Edison and Wayne, NJ. The stores, offering custom and make-your-own gift baskets, occupy spaces of 1,800 sq.ft. to 3,000 sq.ft. in freestanding locations and power centers. Growth opportunities are sought throughout northern NJ during the coming 18 months, with representation by The Goldstein Group. Preferred cotenants include grocery stores.

lead sheet


lead sheet

Color, Inc.dba Best of StoresAl Shameklis47 October Hill RoadHolliston, MA 01746508-474-2900 Ext. 2987, Fax 508-474-2800Email: [email protected] site: www.thecolorstores.com

GiftsThe 10-unit chain operates locations nationwide. The upscale gift shops, offering themed gifts and local and collectible items, occupy spaces of 500 sq.ft. to 2,500 sq.ft. in malls and entertainment and tourist centers, in addition to urban/downtown areas. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run five years with one, five-year option. A vanilla shell and specific improvements are required. Major competitors include Hudson News.

CosmoProfGreg Batistac/o Pliskin Realty & Development179 Westbury AvenueCarle Place, NY 11514516-997-0100 Ext. 314, Fax 516-997-7225Email: [email protected] site: www.cosmoprofbeauty.com

HairThe 1,000-unit chain operates locations nationwide and throughout Canada. The stores, offering products for hair salons and stylists, occupy spaces of 2,000 sq.ft. to 4,000 sq.ft. in strip centers. Growth opportunities are sought throughout Long Island and the surrounding boroughs of NY during the coming 18 months, with representation by Pliskin Realty & Development.

Bright Now Dental, Inc.dba Bright Now Dental, Newport Dental, Monarch Dental and Castle DentalBill McCarthy201 East Sandpointe Avenue, Suite 800Santa Ana, CA 92707714-668-1300, Fax 714-428-1390Web site: www.brightnow.com

HealthThe 300-unit chain operates locations throughout AR, AZ, CA, CO, FL, IN, MD, NJ, NM, OH, OK, OR, PA, TN, TX, UT, VA and WA. The centers, offering dental care, orthodontics and specialty dentistry services, occupy spaces of 3,000 sq.ft. to 4,000 sq.ft. in power centers. Growth opportunities are sought throughout southern CA, TX and WA during the coming 18 months. Typical leases run 10 years. Preferred cotenants include Sam’s Club, Target, T.J. Maxx and Walmart. Preferred demographics include a population of 100,000 within three miles earning $52,000 as the average household income. Major competitors include Comfort Dental, Pacific Dental and SmileCare.

Buikema’s Ace Hardware Center, Inc.dba Buikema’s Ace Hardware CenterKyle J. Buikema963 West 75th StreetNaperville, IL 60565630-717-2687, Fax 630-355-9877

Home ImprovementThe eight-unit chain operates locations throughout IL. The home improvement centers occupy spaces of 20,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Preferred cotenants include supermarkets.

PWS, Inc.dba Launderland, Lucy’s LaundrymartBob McTavish365 Swift AvenueSouth San Francisco, CA 94083650-280-3004, Fax 650-871-5759

LaundromatThe 2,500-unit chain operates locations throughout the western region of the U.S. The laundromats occupy spaces of 1,800 sq.ft. to 4,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout AZ, CA and Las Vegas, NV during the coming 18 months. A vanilla shell is required.

WascomatHoward Herman461 Doughty BoulevardInwood, NY 11096800-645-2205, Fax 516-371-4204Web site: www.wascomat.com

LaundromatThe 100-unit chain operates locations nationwide. The laundromats occupy spaces of 2,000 sq.ft. to 8,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing market and Canada during the coming 18 months. Typical leases run 10 years with two, five-year options. Preferred cotenants include auto parts, check cashing, drug and discount stores and supermarkets. Preferred demographics include a population of 12,000 within one mile.


Shoe CarnivalMarlon Stonec/o Katz & Associates Corp.60 Revere Drive, Suite 575Northbrook, IL 60062630-571-5692, Fax 630-571-5694Email: [email protected] site: www.katzassociates.com

ShoesThe 300-unit chain operates locations throughout the midwestern, southern and southeastern regions of the U.S. The stores, offering private and name brand footwear, for the entire family, occupy spaces of 6,500 sq.ft. to 12,000 sq.ft. in freestanding locations and power centers. Growth opportunities are sought throughout IA, IL, MN and WI during the coming 18 months, with representation by Katz & Associates Corp. Typical lease run 10 years. Preferred cotenants include fashion retailers.

Takken Enterprises, Inc.dba Takken’s ShoesGerardo Aguinis or Stuart Zallc/o The Zall Co.4725 South Monaco Street, Suite 340Denver, CO 80237303-804-5656, Fax 303-804-9696Emails: [email protected] and [email protected] site: www.takkens.com

ShoesThe 24-unit chain operates locations throughout CA. The shoe stores occupy spaces of 1,500 sq.ft. in malls and lifestyle centers. Growth opportunities are sought throughout CA, OR and WA during the coming 18 months, with representation by The Zall Co. Typical leases run 10 years. Preferred cotenants include fashion retailers. Major competitors include The Walking Co.

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 [email protected].

Leisure FitnessDouglas Greenc/o Michael Salove Co.1700 Market StreetPhiladelphia, PA 19103215-568-2600, Fax 215-568-2666Email: [email protected] site: www.salove.com

SpecialtyThe 15-unit chain operates locations throughout DE, MD, PA and VA. The stores, offering home and commercial fitness equipment, parts and services, occupy spaces of 2,000 sq.ft. to 3,000 sq.ft. in endcap and inline spaces of shopping centers. Growth opportunities are sought throughout northern DE, central and southern NJ and eastern PA during the coming 18 months, with representation by Michael Salove Co.

Tobmar Investments, Inc.dba Gateway NewstandsTerry Samuels240 Chrislea RoadWoodbridge, Ontario, Canada L4L 8V1905-851-9652, Fax 905-851-7246Email: [email protected] site: www.gatewaynewstands.com

SpecialtyThe 480-unit chain operates locations nationwide and throughout Canada. The stores, offering snack items, newspapers, magazines, lottery tickets and beverages, occupy spaces of 500 sq.ft. to 1,000 sq.ft. in malls, universities, urban/downtown areas, courthouses and government buildings. Plans call for 20 openings annually throughout the existing markets. Typical leases run 10 years. A vanilla shell and specific improvements are required. The company is franchising.

Calendar Club, LLCdba Go! Games and Go! ToysLori Lesko6411 Burleson RoadAustin, TX 78744512-386-7220, Fax 512-369-6192Web site: www.calendarclub.com

Temporary TenantThe 450-unit chain operates locations nationwide. The stores offer board games and related items. Go! Games prefers to occupy spaces of 1,000 sq.ft. to 5,000 sq.ft. in malls, kiosks and inline spaces of lifestyle and outlet centers. Go! Toys prefers to occupy spaces of 1,400 sq.ft. to 3,000 sq.ft. in inline spaces or kiosks. Growth opportunities are sought nationwide during the coming 18 months. Typical leases run six months. A vanilla shell is required.

lead sheet


Norwalk – Old Post Square, a 120,000 sq.ft. center located on Connecticut Avenue, has a 10,038 sq.ft. space available. Cotenants include Best Buy, T.J. Maxx, Sterling Optical, Dollar Tree and Norwalk Wireless. For details, contact Michael Gartenberg, Garden Commercial Properties, 820 Morris Turnpike, Short Hills, NJ 07078; 973-467-5000 Ext. 123, Fax 973-467-3480; Email: [email protected].

Florida

Oviedo – Oviedo Town Center Shoppes, located at the intersection of Mitchell Hammock Road and Central Avenue, has a 2,395 sq.ft. space available along with five spaces of 1,220 sq.ft. LA Fitness anchors the center and cotenants include Outback Steakhouse, H&R Block, Esbii International Salon and TJ’s Seafood Shack. Area retail includes Oviedo Marketplace Mall. Area draws include the University of Central Florida. Area demographics include a population of 51,732 within three miles earning $85,595 as the average household income. For details, contact Ryan Waddell, Gemini Real Estate Advisors, LLC; 813-842-0283; Email: [email protected].

Tampa – Colony Crossings, a 117,176 sq.ft. strip center situated on 16 acres at the intersection of West Hillsborough Avenue and Elliot Drive, has spaces available of 9,504 sq.ft.; 9,520 sq.ft. and 42,112 sq.ft. Cotenants include Shapes Fitness, Boost Mobile, Chase Bank, Beef O’Brady’s and Pinch A Penny. Area retail includes Walmart Neighborhood Market, Target, Best Buy, Michaels and Pet Supermarket. Area demographics include a population of 123,591 within five miles earning $73,294 as the average household income. The average daily traffic count is 59,000 vehicles. The asking rent ranges from $3 psf to $12 psf NNN with CAM of $5.50 psf. For details, contact Scott Meyers, Commercial Real Estate, LLC, PO Box 811030, Boca Raton, FL 33481; 561-414-5552, Fax 866-941-6704; Email: [email protected]; Web site: www.commercialrealestatellc.com.

Illinois

Minooka – Heartland Crossing, a mixed-use center located at the intersection of Ridge Road and Route 6, has spaces available from 1,100 sq.ft. to 2,175 sq.ft. Jewel Osco, Culver’s, Giordano’s and AutoZone anchor

the center. Cotenants include Standard Bank, Hair Cuttery, Premier Tan, Sun Cleaners, Cellular Connection, Minooka Tobacco, Venus Nails and Dunkin’ Donuts. Area demographics include a population of 22,453 within five miles earning $73,639 as the average household income. The average daily traffic count is 13,500 vehicles. Niles – Pointe Plaza, a power center located on Touhy Avenue, has spaces available of 1,520 sq.ft. and 3,500 sq.ft. along with a 30,122 sq.ft. junior anchor space. Walmart, Fresh Farms International Market and Babies “R” Us anchor the center. Cotenants include Brick House Tavern & Tap, Wachovia, Walgreens, dressbarn, Verizon Wireless, Lee Nails, Bedding Expert, U.S. Cellular, Baja Fresh, Starbucks, Wells Fargo, Bath & Body Works, Great Clips, Men’s Wearhouse, Blockbuster Video, Glimmer Tan and Jimmy John’s. Area retail includes Target, Costco, Best Buy and Jewel Osco. Area demographics include a population of 674,999 within five miles earning $74,714 as the average household income. The average daily traffic count is 43,800 vehicles. For details, contact Adam Moschin or Stacie Platt, Tucker Development Corp. 799 Central Avenue, Suite 300, Highland Park, IL 60035; 847-926-9999, Fax 847-926-9996; Emails: [email protected] and [email protected]; Web site: www.tuckerdevelopment.com.

Louisiana

Jefferson Parish – Towne Square Shopping Center, an 87,637 sq.ft. strip center situated on five acres at the intersection of Terry Parkway and Daniel’s Road, has spaces available of 2,246 sq.ft.; 3,600 sq.ft. and 9,600 sq.ft. Save-A-Lot and Family Dollar anchor the center. Cotenants include World Gym, H&R Block and Subway. Area demographics include a population of 251,682 within five miles earning $49,763 as the average household income. The average daily traffic count is 30,700 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: [email protected].

Maryland

Damascus – Damascus Center, a 138,554 sq.ft. mixed-use center located at the intersection of Route 27, Route 124 and Route 108/Main Street, has spaces available of 1,458 sq.ft. and 2,442 sq.ft. Safeway

anchors the center and cotenants include Starbucks, Everything Equestrian, Beall’s Florist, Curves of Damascus, Mimi’s Nails, China Buffet, Ledo Pizza, McDonald’s and Long & Foster. Area demographics include a population of 36,669 within five miles earning $120,761 as the average household income. Frederick – Westridge Square, a 251,701 sq.ft. neighborhood shopping center located between U.S. Route 40 and Key Parkway has spaces available from 980 sq.ft. to 6,766 sq.ft. Burlington Coat Factory and Giant anchor the center. Cotenants include CitiFinancial, Davidus Cigars, At the Beach Tanning, Sally Beauty Supply, Oreck, Baskin-Robbins, Payless ShoeSource, Bangkok Thai Kitchen, Amy’s Hair Salon, Il Forno Pizzeria, Huntington Learning Center, Weight Watchers, Westridge Liquors, Big Chef Chinese Kitchen, Westridge Cleaners, All Star Billiards, Fitness First, Miyako Japanese Restaurant, Outback Steakhouse and Chevy Chase Bank. Area demographics include a population of 100,667 within five miles earning $80,530 as the average household income. Hagerstown – Crosspoint Shopping Center, a 370,000 sq.ft. regional center located on Interstate 81, has spaces available from 1,250 sq.ft. to 18,448 sq.ft. along with an 8,000 sq.ft. pad site. Kohl’s and Target anchor the center. Cotenants include Christmas Tree Shops, Ross Dress for Less, RoomStore, T-Mobile, Sally Beauty Supply, Michaels, Lifeway Christian Stores, David’s Bridal, America’s Best, Petco, Cold Stone Creamery, Quiznos, Mimi Nails and Sleepy’s. Area demographics include a population of 139,718 within 10 miles earning $62,960 as the average household income. For details regarding the Damascus and Hagerstown properties, contact David B. Hekemian, Hekemian & Co., Inc., 505 Main Street, PO Box 667, Hackensack, NJ 07601; 800-444-3210 Ext. 109 or 201-487-1500, Fax 201-487-7881; Email: [email protected]; Web site: www.hekemian.com. For details regarding the Frederick property, contact Craig Kerbekian; 201-487-1500 Ext. 113; Email: [email protected].

Massachusetts

Medfield – Medfield Shops, an 87,700 sq.ft. community shopping center located on Route 109, has space available. Shaw’s anchors the center and cotenants include Marshalls. Area demographics include a population of 155,990 within seven miles

spaCe plaCe FOR LEASEFOR LEASE

FOR LEASE

FOR LEASE

Connecticut Illinois Maryland


(continued on page sixteen)

earning $130,409 as the average household income. The average daily traffic count is 22,000 vehicles. Hyannis – Southwind Plaza, a 215,000 sq.ft. power center located on Route 132, has space available. Stop & Shop and Home Depot anchor the center. Cotenants include Borders, Old Navy and A.C. Moore. Area demographics include a population of 128,534 within a 20-minute drive time earning $73,979 as the average household income. Revere – Northgate Plaza, located on Route 60/Squire Road, has a divisible 100,000 sq.ft. freestanding building available. Burlington Coat Factory anchors the center and cotenants include Olympia Sports, RadioShack, Avenue, GNC, Sleepy’s, Payless ShoeSource, Family Dollar, CVS, Edible Arrangements, Sally Beauty Supply, Rent-A-Center, Friendly’s, Bank of America, Uno Chicago Grill, McDonald’s, Pearle Vision, Taco Bell, Wireless World and Firestone. Area demographics include a population of 429,285 within seven miles earning $66,728 as the average household income. The average daily traffic count is 47,000 vehicles. For details, contact The Wilder Cos., 800 Boylston Street, Suite 1300, Boston, MA 02199; 617-247-9200, Fax 617-247-4044; Web site: www.wilderco.com.

Burton – Courtland Center, a regional mall located at the intersection of Court Street and Center Road, has space available. JCPenney, Jo-Ann Fabrics, Dunham’s Sports and Staples anchor the center. Cotenants include The Finish Line, Famous Footwear, Claire’s, Kay Jewelers, Bath & Body Works, RadioShack, Pearle Vision and Old Country Buffet. Area retail includes Lowe’s Home Improvement. Area demographics include a population of 165,335 within five miles earning $50,688 as the average household income. The average daily traffic count is 31,000 vehicles. For details, contact Adam Moschin, Tucker Development Corp. 799 Central Avenue, Suite 300, Highland Park, IL 60035; 847-926-9999, Fax 847-926-9996; Email: [email protected]; Web site: www.tuckerdevelopment.com.

New Hampshire

Manchester – Manchester Commons, a 170,000 sq.ft. mixed-use center situated on 13 acres on South Willow Street, has spaces available from 1,000 sq.ft. to 8,550 sq.ft. Shaw’s anchors the center and cotenants include Lens Doctor, Digital Federal Credit Union, Manchester Buffet, Ink Jet, Fantastic Sams, The UPS Store, Massage Envy, Yuki Japanese Steak House, G.K. Nails, Pro Image

Dry Cleaners, Hollywood Tans, Geovanni’s Pizza, Nutrition House, Wu Shu Karate, Beneficial Finance, Comptech, State Farm Insurance and Morning Star Books. Area retail includes T.J. Maxx, Staples, Barnes & Noble, Home Depot and the Mall of New Hampshire. Area demographics include a population of 147,517 within five miles earning $66,321 as the average household income. The average daily traffic count is 43,000 vehicles. For details, contact Mark Thibeault, ATS Realty, 1601 Trapelo Road, Suite 250, Waltham, MA 02451; 802-879-1410, Fax 781-672-0277; Email: [email protected]; Web site: www.atsrealty.com.

Nashua – Daniel Webster Plaza, an 82,000 sq.ft. center located on Daniel Webster Highway, has a divisible space of 7,834 sq.ft. available along with a 19,000 sq.ft. lower-level space. La-Z-Boy anchors the center and cotenants include Sleepy’s, Cassandra Salon & Spa, Lenscrafters, Chipotle, TD Banknorth and Pier 1 Imports. Area retail includes Barnes & Noble, The Sports Authority, Marshalls, Shaw’s, PetSmart, Walgreens, Best Buy and Old Navy. Area demographics include a population of 111,931 within five miles earning $68,539 as the median


(continued on page eighteen)

spaCe plaCeFOR LEASEFOR LEASE

FOR LEASE

FOR LEASE

Massachusetts Michigan New Hampshire(continued from page fifteen)

Contact:

Jill Strumpf, CSMLenore Reynolds, CCIM

727-449-2020

n ManagementnLeasingn Redevelopment

Bruce Strumpf, Inc. 2120 Drew Street, Clearwater, FL 33765

727-449-2020 • Fax 727-449-2212e-mail: [email protected]

www.brucestrumpf.com

Shopping Center Management, Leasing & Redevelopment

Shopping Center

Turn Your Property Over To The Experts

Scott M. TruePF Holdings, Inc.

239-210-1521 | Email: [email protected]

retail space available5,100 s.F., 21,000 s.F.,

and 26,000 s.F.• Located in Naples, FL at Airport

Rd. and Vanderbilt Beach Rd.

• Average household income of $100,000

• High traffic area

• 25' ceilings

• Built in 2003

NapleS, Fl puNTa gorda, Fl

two acre parcel available

• Zoned for commercial and general use

• Located in Punta Gorda, FL at I-75 and Jones Loop Road

• Area retail includes Super Wal-Mart, Wendy’s, McDonald’s, Pizza Hut, Day’s Inn, Motel 6, and Pilot Auto Center

What makes a Dealmakers E-Blast different?• Unlike other companies, there are no templates. Each blast is designed

specifically for your company.

• You can supply your own blast, keeping it consistent with your other marketing materials.

• Most blasts can be turned around within 48 hours.

And best of all…• YoU dEcidE whEn to sEnd it. You’re not put into a queue with no

idea when it has been sent.

REAch ovER 55,000 REtAil REAl EstAtE dEcision MAkERs with jUst onE click.

Find oUt whAt ElsE sEts Us ApARt FRoM thE coMpEtitioncall Alyson parker at 1-800-732-5856

household income. The average daily traffic count is 28,000 vehicles. For details, contact Harmon Lewis, National Commercial Brokers, Inc., 75 Second Avenue, Suite 315, Needham, MA 02494; 781-453-0360, Fax 781-453-0390; Email: [email protected]; Web site: www.nationalcommercial.com.

New Jersey

Bridgewater – A 7,800 sq.ft. freestanding former Fuddruckers situated on 2.1 acres at the intersection of Route 22 West and Adamsville Road is available. Area retail includes Houlihan’s, Red Lobster and T.G.I. Friday’s. Area demographics include a population of 131,000 within five miles earning $120,000 as the average household income. The average daily traffic count is 66,400 vehicles. Green Brook – Colonial Square Mall, a 57,200 sq.ft. strip center located on Route 22, has spaces available of 2,000 sq.ft. and 5,000 sq.ft. Cotenants include Perkins, CitiFinancial, GameStop, Harmon Cosmetics and Marty’s Shoes. Area retail includes Verizon Wireless, Valley National Bank, White Castle, Sleepy’s, Walgreens, Basset Furniture, Goodyear and Bonefish Grill. Area demographics include

a population of 224,000 within five miles earning $92,000 as the average household income. Also, a divisible 14,000 sq.ft. freestanding former Fuddruckers situated on 1.62 acres on Route 23 is available. Area retail includes Waynechester Plaza, Brentwood Shopping Center, Kohl’s, Bottle King, Party City, Famous Footwear, Starbucks, Staples, Harmons and Michaels. Area demographics include a population of 64,000 within five miles earning $113,930 as the average household income. The asking rent is $30 psf with CAM of $2.71 psf. For details, contact Shane Wierks, Jeffery Realty, Inc., 116 Route 22, North Plainfield, NJ 07060; 908-668-9600 Ext. 223, Fax 908-668-5225; Email: [email protected]; Web site: www.jefferyrealty.com.

Watchung – A 169,728 sq.ft. center located at the intersection of U.S. Highway 22 and Terrill Road, has a 4,517 sq.ft. space available. BJ’s Wholesale Club anchors the center and cotenants include The Vitamin Shoppe, Unique Value, Ice Box, Baja Fresh, Bath Fitters, Applebee’s and Chase Bank. Area retail includes Walmart, Home Depot, Target, Kohl’s, Michaels, Bed Bath & Beyond, Borders, P.C. Richard & Son, DSW, Old Navy, T.J. Maxx, Marshalls, Lowe’s Home Improvement, Barnes &

Noble and Annie Sez. Area demographics include a population of 918,918 within 10 miles earning $109,549 as the average household income. For details, contact Vornado Realty Trust, 210 Route 4 East, Paramus, NJ 07652; 201-587-1000, Fax 201-708-6206; Web site: www.vno.com.

New York

Glendale – The Shops at Atlas Park, a 400,000 sq.ft. center located at the intersection of Cooper Avenue and 80th Street, has a 4,100 sq.ft. space available along with divisible spaces of 12,000 sq.ft. and 32,000 sq.ft. Borders, NYSC, Chili’s and Regal Cinemas anchor the center. Cotenants include Jos. A. Bank, White House|Black Market, California Pizza Kitchen, Starbucks, Claire’s, Coldwater Creek, Maidenform and Gymboree. Area demographics include a population of 954,805 within three miles. For details, contact Adam Caplan, Capstone Realty, LLC, 141-07 20th Avenue, Whitestone, NY 11357; 718-747-6700, Fax 718-747-7793; Email: [email protected]; Web site: www.capstonerealtynyc.com.

Supermarket Expanding in Chicagoland!Witherell Real Estate is Roundy’s Chicagoland Broker!

Roundy’s has developed an exciting new supermarket concept just for Chicagoland!

Signed leases @ New City, Lakeshore East, 39th & State, and Arlington Heights!

Urban and Suburban sites considered. New or Existing Space.Lease or Purchase. Store size is 60,000 – 80,000 SF.

Call Andy Witherell 773-991-4932andy@witherellrealestate.comwww.witherellrealestate.com


(continued on page twenty)


FOR LEASE

FOR LEASE

New Hampshire New Jersey New Jersey(continued from page sixteen)

ORDER NOW!Contact/Ship to: (Tenant Search is shipped via UPS ground at no charge)

Name __________________________________________________

Company _______________________________________________

Street ___________________________________________________

City ____________________________________________________

Phone __________________________________________________

Credit Card Visa Mastercard American Express

Card #: _________________________________________________

Signature: _______________________________________________

Cardholder Name: _________________________________________

National Edition (approx. 7,000 leads)

$589 (CD-ROM) $369 (Online) $369 (Hardcopy)

$689 (Online & CD-ROM)

Regional Edition (approx. 2,500 leads per region)

West Midstates East South

$379 (CD-ROM) $289 (Online) $289 (Hardcopy)

$479 (Online & CD-ROM)

Online Access, please provide Email address: _____________________________Password (minimum 4 characters, case-sensitive): __________________________

QUESTIONS.... Email: [email protected] or Call: 800-732-5856

Fax your order to: (609-587-3511)Mail your order to: PO Box 2630 Mercerville, NJ 08690

Got space?Find your missing tenant.

Over 6,000 retail chains are listed in the national edition

Published by and for leasing agents, brokers and owners of retail real estate, TenantSearch tells you:

• Who’s in charge of the tenant’s real estate for your market, and how to reach them

• Where the chain is seeking new store locations, and its existing markets

• What the retailer’s space, property type, demographic, co-tenancy and lease requirements are

Test drive TenantSearch at WWW.TENaNTSEaRch.cOmor

Call 1.800.732.5856 for a co-pilot to walk you through a CD-Rom demo or to

give you an online demo

Available by regions (East, West, South, & Midstates)

Available both on-line and on CD

Downloadable ReportsAccurate Information

Daily e-mail alertsUpdated Daily

Hicksville – A 10,000 sq.ft. freestanding building with drive-thru approvals situated on a land area of 65,340 sq.ft. on Old Country Road is available. Area retail includes Broadway Mall and Sears. The asking rent is $34 psf. For details, contact Rene Rivas, Merit Group Realty, 43-46 40th Street, Sunnyside, NY 11104; 718-786-6700, Fax 718-559-6496; Email: [email protected]; Web site: www.meritgrouprealty.com.

Massapequa – Carmans Plaza, a 212,953 sq.ft. center located on Carmans Road, has spaces available of 1,624 sq.ft.; 1,900 sq.ft.; 2,454 sq.ft. and 2,914 sq.ft. Pathmark anchors the center and cotenants include Duane Reade, Nationwide Insurance, Wok N Roll, Marino’s Pizza, Stuf-A-Bagel, Salon Mystique, Rainbow Nails, Subway, Pet & Aquarium, Carman’s Plaza Laundromat, Dollar Store, A.J. Wright, Xtreme Gym, Payless ShoeSource, Avenue, Dots, Camill Cleaners, Dunkin’ Donuts, Baskin-Robbins, RadioShack and Apple Bank. Area demographics include a population of 512,779 within seven miles earning $96,350 as the average household income. Rensselaer – Columbia Plaza, a 132,648 sq.ft. center located on Columbia Turnpike, has spaces available from 1,120 sq.ft. to

4,093 sq.ft. Price Chopper anchors the center and cotenants include Vineyards Wines & Spirits, One Dollar Deals, Leena Nail Salon, Norwood Coin Shop, Beneficial Finance, Calliope Music, Hair Studio One, Miracle Ear, Fashion Bug, Planet Fitness, Subway, Double Dragon Restaurant, Liberty Mutual, H&R Block, Weight Watchers, The Pet Shop and Presto Coffee. Area demographics include a population of 178,475 within seven miles earning $63,968 as the average household income. Saranac Lake – Saranac Lake, a 66,840 sq.ft. center located on Route 86/Lake Flower Avenue, has a pad site available. Cotenants include Ace Hardware, Advance Auto, Dollar Tree, Grand Union, RadioShack, Rentway, Wireless World and Dunkin’ Donuts. Area demographics include a population of 15,348 within seven miles earning $53,981 as the average household income. For details, contact Dan Zelson, Charter Realty & Development Corp., 183 Main Street, Westport, CT 06880; 203-227-2922; Email: [email protected]; Web site: www.chartweb.com.

Pennsylvania

Camp Hill – Camp Hill Shopping Center, a 496,132 sq.ft. center located at the

intersection of Route 15/South 32nd Street and Trindle Road, has a 3,500 sq.ft. space available. Giant and Boscov’s anchor the center. Cotenants include Arby’s, Barnes & Noble, Holiday Hair, Lenscrafters, Panera Bread, Oreck, Pier 1 Imports, Irving Shoe Store, PNC Bank, Hallmark, Five Below, Staples, Subway, Capital Jewelry Store, Camp Hill Barber Shop, Commerce Bank, Wachovia Bank and LA Fitness. Area demographics include a population of 161,048 within five miles earning $49,849 as the median household income. Enola – Pennsboro Commons, a 105,501 sq.ft. center located at the intersection of East Penn Drive and Wetzvile Road, has spaces available of 1,705 sq.ft. and 3,600 sq.ft. along with two spaces of 1,200 sq.ft. Giant anchors the center and cotenants include Great Clips, Papa John’s, Class Act Dry Cleaners, Americhoice Federal Credit Union, Hong Kong Buffet, Barbarino’s Pizza, Puff ‘N Snuff, AT&T Mobility, Golden Nail, Curves, Subway, Blockbuster Video, Tansations, Roly Poly Sandwiches, Jackson Hewitt, Cuts Fitness and Pet Valu. Area demographics include a population of 126,736 within five miles earning $50,229 as the median household income. Hamburg – Hamburg Square, a 100,418



FOR LEASE

FOR LEASE

New York New York Pennsylvania(continued from page eighteen)

(continued on page twenty-two)

Sign up today at http://www.dealmakers.net/mail/index.html

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

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!

Over 1.5 milliOn

unique visitOrs tO dealmakers.net

per year!

The deal junkie’s home page

What happens in Vegas…

…is dealmaking!

Place your ad in the Pre-Show, Show and Post-Show issues and at no extra cost, receive:

• Placement on THE DEALMAKERS “A” LIST

• 55,000+ decision makers will be emailed

• 500,000+ real estate pros view your ad at www.dealmakers.net

The Dealmakers May 28th issuedistributed 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 STAGEBook appointments in advance by placing your ad in The Dealmakers May 14th pre-show issue, telling everyone you’re ready to make deals!

MAKE A STATEMENTYour ad will be hand-delivered to every attendee’s hotel room and The Dealmakers May 28th show issue gets exposure on the show floor!

FOLLOW UPIn addition to powerhouse companies that read The Dealmakers every week, the June 11th post-show issue is mailed to attendees — giving you added exposure!

May 23 – 25, 2010

Sizes Full Page 2/3 Page 1/2 Page 1/3 Page 1/4 Page 1/8 Page Rates $1,495 $1,040 $800 $550 $475 $310* Prices are for black and white. Contact us for color pricing.

For More inForMation Call 1-800-732-5856

alyson Parker

sq.ft. center located on South 4th Street between Hawk Ridge Drive and Woodland Road, has spaces available of 1,498 sq.ft. and 4,980 sq.ft. Redner’s anchors the center and cotenants include Good Shepard, Creative Hair Design, Xiang Shan Restaurant, Subway, Louee’s, Peebles and Family Dollar. Area demographics include a population of 55,971 within 10 miles earning $57,888 as the median household income. Hershey – Meadows Marketplace, an 83,271 sq.ft. center located at the intersection of State Route 39/Hershey Road and Hayshed Road, has a 1,400 sq.ft. space available. Giant anchors the center and cotenants include Verizon Wireless, Regis Hair Salon, Subway, Pet Valu and Community Bank. Area demographics include a population of 228,664 within 10 miles earning $53,194 as the median household income. For details, contact Cedar Shopping Centers, Inc., 44 South Bayles Avenue, Port Washington, NY 11050; 856-218-8677, Fax 856-218-8678; Web site: www.cedarshoppingcenters.com.

Edgmont – Edgmont Square Shopping Center, a 200,000 sq.ft. center located on Route 3/West Chester Pike, has spaces available from 1,567 sq.ft. to 13,592 sq.ft. Genuardi’s and Staples anchor the center. Cotenants include Starbucks, Cold Stone Creamery, Parker’s Prime Steakhouse, Thai Spice, Huntington Learning Center, Hair Cuttery, Great Frame Up, Face Logic, Edgmont Nails & Tanning, GNC, Stella’s Cleaners, Mike’s Pizza and Winner’s Circle. Area demographics include a population of 243,576 within seven miles earning $119,147 as the average household income. The average daily traffic count is 34,000 vehicles. Exton – The Shoppes on Eagleview Boulevard, located on Eagleview Boulevard, has a divisible space of 8,500 sq.ft. available. Genuardi’s anchors the center. Cotenants include Dairy Queen, Great Clips and The Lounge. Area retail includes SuperTarget and Giant. Area demographics include a population of 36,856 within three miles earning $144,582 as the average household income. Frazer – Frazer Shopping Center, located on Route 30/Lancaster Avenue,

has a 1,200 sq.ft. space available. Artmark Fabrics anchors the center and cotenants include Beam’s Music, Coventry Kitchen, Calico Corners, Charmingly Linda, Smoke Shop, Pepperidge Farm, Domino’s Pizza, U.S. Postal Service, Nudy’s Café, Studio Cuts & Color, Rack ‘M Up Billiards, Nail Paradise, Price Jewelers and Fireside Stitchery. Area retail includes Sleepy’s, Subway, Rita’s and Wawa. Area demographics include a population of 565,771 within five miles earning $65,742 as the average household income. The average daily traffic count is 24,000 vehicles. For details regarding the Edgmont property, contact Dennis Campbell or Matt Ryan, Legend Properties, Inc., 1001 East Hector Street, Suite 120, Conshohocken, PA 19428; 610-941-4034, Fax 610-941-4038; Emails: [email protected] and [email protected]; Web site: www.lpre.com. For details regarding the Exton property, contact Matt Ryan or Madison Rogers; Email: [email protected]. For details regarding the Frazer property, contact David DePetris; Email: [email protected].

Start your subscription to today!

Start my subscription right away to the only publication in the shopping center industry devoted exclusively to dealmaking in strip, power and specialty centers, as well as malls. I can use leads every week on retailers looking to lease space, buyers and sellers of retail properties, plus news on space for lease, retail chain acquisitions and mergers, who’s opening or closing stores, new retail concepts, shopping centers under construction and more.

Start my subscription immediately! Please charge my credit card or a check is enclosed

$294 for one year $434 for two years $187 for six months

Yes!

P.O. Box 2630 | Mercerville, NJ 08690 | 800-732-5856 or 609-587-6200 | Fax 609-587-3511 | www.dealmakers.net

Expedite your order by faxing the completed form to 609-587-3511

What you’ve missed in the last 47 issues• 2,300,000 locations of retailers with plans to open 150,000 sites• $27 billion to be bought, sold and financed• Leasing activity on over 600 million sq.ft. of retail poperty

Please circle appropriate card:

Card # _______________________________

Exp. Date _______________________________

Signature _______________________________

Mail my subscription toName _________________________________

Company ______________________________

Address _______________________________

City ___________________________________

State _____________ Zip ________________

Phone __________________________________

Fax ____________________________________

Email __________________________________



FOR LEASE

FOR LEASE

Pennsylvania Pennsylvania Pennsylvania(continued from page twenty)

DM

Doers and Dealmakers

U n c o n v e n t i o n a l W i s d o m :

Always Color Outside The LinesAt DLC, we know opportunity is not found within rigid boundaries.

We approach every project with creativity, innovation, foresight and vision tosee beyond what is - to what can be. Outside the lines is where deals get done,

complexity is made simple, and success is realized.Want a crayon?

Corporate Headquarters: 580 White Plains Road Tarrytown, NY 10591 1.866.DLC.MGMT www.dlcmgmt.com

97 shopping centers 26 states 16.5 million square feet

V I E W O U R M I D W E S T P O R T F O L I O O N L I N E : W W W . D L C M G M T . C O M / M I D W E S T

dealmakers magazine | february 26, 2010

Documents