dealmakers magazine | june 19, 2009

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Dahl’s Foods operates 12 locations throughout IA. The supermarkets, featuring deli, produce, bakery, meat and floral departments as well as health and beauty aids, occupy spaces of 55,000 sq.ft. to 75,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. The company prefers build-to-suits. For more information, contact David Sinnwell, Dahl’s Foods, 4343 Merle Hayroad, Des Moines, IA 50310; 515-278-1657, Fax 515-278-0012; Email: [email protected]; Web site: www.dahlsfoods.com. Albeco, Inc. trades as Mollie Stones Markets at eight locations throughout CA. The upscale grocery stores, featuring bakery, cheese, deli, floral, produce, poultry, seafood, wine and liquor, gluten-free food and international food departments, occupy spaces of 10,000 sq.ft. to 45,000 sq.ft. in lifestyle, specialty and tourist centers as well as urban/downtown areas. Growth opportunities are sought throughout the San Francisco Bay area in 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. Demoulas Supermarkets, Inc. trades as Market Basket and Demoulas at 60 locations throughout MA and NH. The supermarkets occupy spaces of 68,000 sq.ft. in freestanding locations, urban/downtown areas and outlet, power and specialty centers. Growth opportunities are sought throughout the existing markets as well as ME and RI during the coming 18 months, with representation by RMD, Inc. Typical leases run 40 years or up to 60 years for ground leases. Preferred cotenants include discount retailers, Kmart and Wal*Mart. The company prefers build-to-suits. For more information, contact Michael Kettenbach, RMD, Inc., 881 East Street, Tewksbury, MA 01876; 978-851-0200, Fax 978- 851-4962. Murry’s, Inc. trades as Murry’s at 31 locations throughout DE, MD, NJ, PA, VA and Washington, DC. The supermarkets 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. Postmaster: Periodical Important News Please Expedite Volume XXIV No. XXIII June 19, 2009 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 47,691 locations with plans to open 4,114 sites * Real estate valued in excess of $31.17 million to be bought, sold & financed * Leasing activity on over 12.2 million sq.ft. of retail properties Supermarkets Expand Nationwide (continued on page seven) Pg. 3 Pg. 5 Pg. 4 Pg. 8 Pg. 5 Pg. 6 Pg. 6 Pg. 6 Pg. 7 Pg. 9 Pg. 12 Pg. 13 Buyers & Sellers LMS Commercial Real Estate is selling a CVS site in Mechanicsburg, PA............... The Shopping Center Group is selling a center located in Huntsville, AL....................... Openings Mooyah Burgers & Fries looks to open three locations in TX this year................................ Martin & MacArthur will open four stores throughout HI this year ........................... New Construction New Trier Partners is developing a mixed-use project in Winnetka, IL ......... Exclusives Grubb & Ellis represents a number of retailers with their expansion plans throughout MD, VA and Washington, DC Sources of Financing Great Eastern Investments, LLC provides private money financing for projects nationwide ........................... Food Retailers Expand Noodles & Co looks for sites throughout 17 states nationwide ........................... In The News DLC Management Corp. promoted Evan Podob to senior leasing representative Lead Sheet Autonation looks for sites throughout major metropolitan markets of the South .................................... V.I.M. will open locations throughout NJ and NY .......... Space Place .......................... National Focus

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Dealmakers Magazine June 19, 2009 Volume XXIV No. XXIII

TRANSCRIPT

Page 1: Dealmakers Magazine | June 19, 2009

Dahl’s Foods operates 12 locations throughout IA. The supermarkets, featuring deli, produce, bakery, meat and floral departments as well as health and beauty aids, occupy spaces of 55,000 sq.ft. to 75,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. The company prefers build-to-suits. For more information, contact David Sinnwell, Dahl’s Foods, 4343 Merle Hayroad, Des Moines, IA 50310; 515-278-1657, Fax 515-278-0012; Email: [email protected]; Web site: www.dahlsfoods.com.

Albeco, Inc. trades as Mollie Stones Markets at eight locations throughout CA. The upscale grocery stores, featuring bakery, cheese, deli, floral, produce, poultry, seafood, wine and liquor, gluten-free food and international food departments, occupy spaces of 10,000 sq.ft. to 45,000 sq.ft. in lifestyle, specialty and tourist centers as well as urban/downtown areas. Growth opportunities are sought throughout the San Francisco Bay area in 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.

Demoulas Supermarkets, Inc. trades as Market Basket and Demoulas at 60 locations throughout MA and NH. The supermarkets occupy spaces of 68,000 sq.ft. in freestanding locations, urban/downtown areas and outlet, power and specialty centers. Growth opportunities are sought throughout the existing markets as well as ME and RI during the coming 18 months, with representation by RMD, Inc. Typical leases run 40 years or up to 60 years for ground leases. Preferred cotenants include discount retailers, Kmart and Wal*Mart. The company prefers build-to-suits. For more information, contact Michael Kettenbach, RMD, Inc., 881 East Street, Tewksbury, MA 01876; 978-851-0200, Fax 978-851-4962.

Murry’s, Inc. trades as Murry’s at 31 locations throughout DE, MD, NJ, PA, VA and Washington, DC. The supermarkets 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.

Postmaster: PeriodicalImportant

NewsPlease

Expedite

Volume XXIV No. XXIII June 19, 2009

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 47,691 locations with plans to open 4,114 sites

* Real estate valued in excess of $31.17 million to be bought, sold & financed* Leasing activity on over 12.2 million sq.ft. of retail properties

Supermarkets Expand Nationwide

(continued on page seven)

Pg. 3

Pg. 5

Pg. 4

Pg. 8

Pg. 5

Pg. 6

Pg. 6

Pg. 6

Pg. 7

Pg. 9

Pg. 12

Pg. 13

Buyers & SellersLMS Commercial Real Estate is selling a CVS site in Mechanicsburg, PA ...............

The Shopping Center Group is selling a center located in Huntsville, AL .......................

OpeningsMooyah Burgers & Fries looks to open three locations in TX this year ................................

Martin & MacArthur will open four stores throughout HI this year ...........................

New ConstructionNew Trier Partners is developing a mixed-use project in Winnetka, IL .........

ExclusivesGrubb & Ellis represents a number of retailers with their expansion plans throughout MD, VA and Washington, DC

Sources of FinancingGreat Eastern Investments, LLC provides private money financing for projects nationwide ...........................

Food Retailers ExpandNoodles & Co looks for sites throughout 17 states nationwide ...........................

In The NewsDLC Management Corp. promoted Evan Podob to senior leasing representative

Lead SheetAutonation looks for sites throughout major metropolitan markets of the South ....................................

V.I.M. will open locations throughout NJ and NY ..........

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

National Focus

Page 2: Dealmakers Magazine | June 19, 2009

212•792•2600

SPANDREL PROPERTY SERVICES, INC

THE SHOPS AT

WHERE THE HEIGHTS MEETS THE HARBOR

RETAIL SPACE AVAILABLE FROM 800 - 30,000 SQUARE FEET

VISIT US AT THE LAS VEGAS ICSC - BOOTH S287 N STREET

BROOKLYN HEIGHTS NEWEST WATERFRONT SHOPPING DESTINATION.THIS SPECTACULAR COMPLEX ENCOMPASSES OVER 400 RESIDENCES AND A LUXURIOUS 85 ACRE PARK WITH OVER 500 PUBLIC PARKING SPACES. AT THE HEART OF THIS NEW COMMUNITY IS PRIME RETAIL OVERLOOKING THE MANHATTAN SKYLINE.

IN PARTNERSHIP WITH:

SS

DIANA D. BOUTROSSSENIOR MANAGING DIRECTOR

[email protected]

SHOPPING IS A WALK IN THE PARK

212•792•2600

212•792•2600

SPANDREL PROPERTY SERVICES, INC

THE SHOPS AT

WHERE THE HEIGHTS MEETS THE HARBOR

RETAIL SPACE AVAILABLE FROM 800 - 30,000 SQUARE FEET

VISIT US AT THE LAS VEGAS ICSC - BOOTH S287 N STREET

BROOKLYN HEIGHTS NEWEST WATERFRONT SHOPPING DESTINATION.THIS SPECTACULAR COMPLEX ENCOMPASSES OVER 400 RESIDENCES AND A LUXURIOUS 85 ACRE PARK WITH OVER 500 PUBLIC PARKING SPACES. AT THE HEART OF THIS NEW COMMUNITY IS PRIME RETAIL OVERLOOKING THE MANHATTAN SKYLINE.

IN PARTNERSHIP WITH:

SS

DIANA D. BOUTROSSSENIOR MANAGING DIRECTOR

[email protected]

SHOPPING IS A WALK IN THE PARK

212•792•2600

212•792•2600

SPANDREL PROPERTY SERVICES, INC

THE SHOPS AT

WHERE THE HEIGHTS MEETS THE HARBOR

RETAIL SPACE AVAILABLE FROM 800 - 30,000 SQUARE FEET

VISIT US AT THE LAS VEGAS ICSC - BOOTH S287 N STREET

BROOKLYN HEIGHTS NEWEST WATERFRONT SHOPPING DESTINATION.THIS SPECTACULAR COMPLEX ENCOMPASSES OVER 400 RESIDENCES AND A LUXURIOUS 85 ACRE PARK WITH OVER 500 PUBLIC PARKING SPACES. AT THE HEART OF THIS NEW COMMUNITY IS PRIME RETAIL OVERLOOKING THE MANHATTAN SKYLINE.

IN PARTNERSHIP WITH:

SS

DIANA D. BOUTROSSSENIOR MANAGING DIRECTOR

[email protected]

SHOPPING IS A WALK IN THE PARK

212•792•2600

212•792•2600

SPANDREL PROPERTY SERVICES, INC

THE SHOPS AT

WHERE THE HEIGHTS MEETS THE HARBOR

RETAIL SPACE AVAILABLE FROM 800 - 30,000 SQUARE FEET

VISIT US AT THE LAS VEGAS ICSC - BOOTH S287 N STREET

BROOKLYN HEIGHTS NEWEST WATERFRONT SHOPPING DESTINATION.THIS SPECTACULAR COMPLEX ENCOMPASSES OVER 400 RESIDENCES AND A LUXURIOUS 85 ACRE PARK WITH OVER 500 PUBLIC PARKING SPACES. AT THE HEART OF THIS NEW COMMUNITY IS PRIME RETAIL OVERLOOKING THE MANHATTAN SKYLINE.

IN PARTNERSHIP WITH:

SS

DIANA D. BOUTROSSSENIOR MANAGING DIRECTOR

[email protected]

SHOPPING IS A WALK IN THE PARK

212•792•2600

212•792•2600

SPANDREL PROPERTY SERVICES, INC

THE SHOPS AT

WHERE THE HEIGHTS MEETS THE HARBOR

RETAIL SPACE AVAILABLE FROM 800 - 30,000 SQUARE FEET

VISIT US AT THE LAS VEGAS ICSC - BOOTH S287 N STREET

BROOKLYN HEIGHTS NEWEST WATERFRONT SHOPPING DESTINATION.THIS SPECTACULAR COMPLEX ENCOMPASSES OVER 400 RESIDENCES AND A LUXURIOUS 85 ACRE PARK WITH OVER 500 PUBLIC PARKING SPACES. AT THE HEART OF THIS NEW COMMUNITY IS PRIME RETAIL OVERLOOKING THE MANHATTAN SKYLINE.

IN PARTNERSHIP WITH:

SS

DIANA D. BOUTROSSSENIOR MANAGING DIRECTOR

[email protected]

SHOPPING IS A WALK IN THE PARK

212•792•2600

Page 3: Dealmakers Magazine | June 19, 2009

LMS Commercial Real Estate is selling a 13,225 sq.ft. CVS site located on Gettysburg Pike in Mechanicsburg, PA. The tenant is bound to a 25-year lease. Area demographics include a population of 72,490 within five miles earning $77,179 as the average household income. The NOI is $370,300. The asking price is $5.925 million with a Cap rate of 6.25%. For more information, contact Donna Deerin Ward, LMS Commercial Real Estate, 120 North Pointe Boulevard, Suite 301, Lancaster, PA 17601; 717-569-9373, Fax 717-560-9909; Web site: www.lms-pma.com.

Robert H. Arnold Real Estate is selling a 10,000 sq.ft. mixed-use two-level building featuring a 5,000 sq.ft. ground floor retail space and a 5,000 sq.ft. second floor office space located on Main Street in Roslyn, NY. The asking price is $3.9 million. The company is also selling a freestanding building located on Old Northern Boulevard in Roslyn, NY. The asking price is $1.75 million. The company is also selling a 3,200 sq.ft. space located on Railroad Avenue in Roslyn, NY. The asking price is $2.4 million. For more information, contact Leslie Vitale, Robert H. Arnold Real Estate, 38 Glen Cove Road, Greenvale, NY 11548; 516-621-1000, Fax 516-621-1706; Email: [email protected].

Marc Realty, with JTJ Weiss Commercial Real Estate, is selling a 12,340 sq.ft. parcel located at the intersection of West Randolph Street and Peoria Drive in Chicago, IL. The asking price is $4 million. For more information, contact Peter Jacobs, Marc Realty, 180 North Wabash Avenue, Chicago, IL 60601; 312-994-5773; Email: [email protected]. Or Barry Weiss, JTJ Weiss Commercial Real Estate; 312-427-4444; Email: [email protected].

Lee & Associates is selling a 4,250 sq.ft. IHOP situated on 1.37 acres on Channel Islands Boulevard in Oxnard, CA. The asking price is $1.995 million. The company is also selling a 54,335 sq.ft. parcel located at the intersection of Santa Rosa Road and Oak Canyon Road in Camarillo, CA. Area retail includes Bank of America, Petropolis, Longs Drugs, Art n Fine Frames, Citi Chateau and Hair Masters. Area demographics include a population of 100,181 within five miles earning $96,202 as the average household income. The asking price is $1.2 million. For more information, contact Paul Capra, Lee & Associates, 1000 Town Center Drive, Suite 125, Oxnard, CA 93036; 805-626-1264, Fax 805-413-7064; Email: [email protected]; Web site: www.leevc.com.

RDS Equity International, Inc. is looking to acquire centers and enclosed malls nationwide. For more information, contact Robert Stuart, RDS Equity International, Inc., 13064 Bender Drive, Moreno Valley, CA 92553; 951-247-2426; Email: [email protected].

Buyers and sellers

www.dealmakers.net The Dealmakers June 19, 2009 page 3

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!

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

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Ted Kraus1979–2007

(continued on page five)

Page 4: Dealmakers Magazine | June 19, 2009

page 4 June 19, 2009 The Dealmakers www.dealmakers.net

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Who’s opening and Where

(continued on page eight)

hhgregg, Inc. (317-848-8710) plans to open hhgregg locations at Tanglewood Plaza, located on Hilliard-Rome Road in Columbus, OH, and at King’s Mall, located at the intersection of Interstate 71 and Fields Ertel Road in Cincinnati, OH. The Columbus store is slated to open during the summer and the Cincinnati location will open during the fall. The consumer electronics, home appliances and mattress retailer currently operates 110 locations throughout AL, FL, GA, IN, KY, NC, OH, SC and TN.

Mooyah Burgers & Fries (800-809-5062) is slated to open three locations throughout Allen, Frisco and Pearland, TX this summer, having opened five restaurants this year. The openings will introduce a new store concept, which includes mural artwork and other unique decorative additions. The company recently opened a location in Watauga, NC under the new concept.

Delia’s, Inc. (212-807-9060) plans to open 12 Delia’s locations during the 2009 fiscal year. The company recently opened a location in Baton Rouge, LA. The company currently operates 100 junior apparel stores nationwide.

Smashburger Master, LLC (303-633-1500), through a franchisee, plans to open 16 Smashburger locations throughout central IA as part of a plan to open 30 to 60 restaurants this year. The company also plans to open locations in MN, MO, NJ, OK, SD and UT, as well as 45 locations throughout NM and TX over the next eight years.

Room & Board, Inc. (763-287-7135) plans to open a 36,400 sq.ft. Room & Board location on Washington Boulevard in Culver City, CA. The store will be the company’s second in the Los Angeles, CA area, and is slated to open during the fall. The home furnishings retailer currently operates nine locations throughout Edina, Santa Ana and San Francisco, CA; Denver, CO; Atlanta, GA; Chicago, Oak Brook and Skokie, IL and New York, NY. The company is also scouting for potential Room & Board sites in San Jose, CA; Miami, FL; Boston, MA; NJ; Dallas, TX; Seattle, WA and Washington, DC.

Big 5 Sporting Goods Corp. (310-536-0611) plans to open one Big 5 Sporting Goods location later this year, having opened no new stores during the first quarter.

Stage Stores, Inc. (713-667-5601) is slated to open two stores later this year, having opened ten stores during the first quarter and closed three locations. The company currently operates 747 stores, offering brand-name apparel, accessories, cosmetics and footwear, throughout 39 states, trading as Bealls, Palais Royal, Peebles and Stage.

Ace Hardware Corp. (630-990-6600) is slated to open an Ace Hardware location at Wandermere Village, a 19,200 sq.ft. center situated on 7.5 acres at the intersection of U.S. Highway 395 and East Hastings Road in Spokane, WA. The tenant will join Shari’s, Camino Real, Grease Monkey, Wah Hing and Village Centre Cinema.

Dollar General Corp. (615-855-4000) is slated to open a Dollar General location off Interstate 72 in New Berlin, IL, as part of a plan to open 450 stores this year. The company will also open a location on Van Hill Road in Baileyton, TN. The chain currently operates 8,400 discount stores throughout the southern, southwestern, midwestern and eastern U.S.

Page 5: Dealmakers Magazine | June 19, 2009

Ironwood Property Group, LP is developing Tilden Ridge, a 400,000 sq.ft. regional shopping center situated on 63 acres at the intersection of Route 61 and Route 78 in Tilden, PA. Wal*Mart Supercenter and Lowe’s Home Improvement anchor the center. Area retail includes Cabela’s. Shop spaces and outlots are available. The center is slated to open during the fall of 2010. For more information, contact Ironwood Property Group, 70 Portland Road, West Conshohocken, PA 19428; 610-941-1164, Fax 610-941-1165; Web site: www.ironwoodpropertygroup.com.

Levin Management Corp. is preleasing Edgewater Square, a mixed-use development located on River Road in Edgewater, NJ. Cotenants include CVS. Area retail includes Whole Foods Market, Trader Joe’s, Banana Republic, Guess, Victoria’s Secret and Barnes & Noble. Trade-area demographics include a population earning $117,719 as the average household income. The center will include a 480-unit residential component. For more information, contact Levin Management Corp., 975 Route 22 West, North Plainfield, NJ 07060; 800-488-0768, Fax 908-755-7194; Web site: www.levinmgt.com.

Cohane Retail Group is preleasing Miracle Plaza, a 250,000 sq.ft. power center located in Coral Gables, FL. Restaurant spaces of 1,800 sq.ft.; 3,500 sq.ft. and 10,000 sq.ft. are available. Bed Bath & Beyond, Marshalls and Nordstrom Rack anchor the center. Cotenants include DSW, PetSmart and Bally’s Total Fitness. Area retail includes Ross Dress for Less and Sears. Area demographics include a population of 445,614 within a five-mile radius earning a median household income of $34,000. The center is slated to open during the summer. For more information, contact John F. Cohane, Cohane Retail Group, 2845 Northeast 9th Street, Suite 1406, Ft. Lauderdale, FL 33304; 954-561-7714, Fax 954-561-2214; Email: [email protected].

New Trier Partners, LLC is developing a 167,835 sq.ft. mixed-use project located at the intersection of Lincoln Avenue and Elm Street in Winnetka, IL. The four-level center will feature a 31-unit residential component and a retail component. For more information, contact New Trier Partners, LLC, 6815 North Lincoln Avenue, Lincolnwood, IL 60712; 847-674-6200, Fax 847-674-6207; Web site: www.newtrierpartners.com.

Shapiro Properties, LLC is preleasing North Ashley Center, a 30,000 sq.ft. specialty strip center being constructed in phases and situated on four acres at the intersection of North Ashley Street and Connell Road in Valdosta, GA. Area retail includes Pizza Hut, Taco Bell, Wal*Mart, Winn-Dixie, Walgreens and Hardee’s. Area demographics include a population of 59,902 within five miles earning $35,071 as the average household income. The average daily traffic count is 25,000 vehicles. Spaces of 1,225 sq.ft.; 1,305 sq.ft. and 1,402 sq.ft. are available along with outlots of 2,100 sq.ft. and 5,100 sq.ft. The asking rent is $18 psf NNN. The first phase of the center is slated to open during the fall. For more information, contact Micah Shapiro, Shapiro Properties, LLC, 2935 North Ashley Street, Suite 108, Valdosta, GA 31602; 229-242-1014, Fax 229-242-1015; Email: [email protected]; Web site: www.shapiroproperties.com.

Jones Lang LaSalle Americas, Inc. is preleasing The Palms at Town & Country, a 700,000 sq.ft. center located in Kendall, FL. Cotenants include Nordstrom, Loehmann’s, Kohl’s, Marshalls, 24-Hour Fitness and Publix. Space is available. For more information, contact Karen Sanzo, Jones Lang LaSalle Americas, Inc., 3344 Peachtree Road, Suite 1200, Atlanta, GA 30326; 561-758-8390, Fax 561-582-4887; Email: [email protected]; Web site: www.thepalmsshops.com. Or Mauro Olivieri; 305-969-7291, Fax 305-969-7593; Email: [email protected]; Web site: www.joneslanglasalle.com.

Evergreen Plaza Associates I, LP is redeveloping The Plaza Shopping Center, a 1.2-million sq.ft. two-level center located at the intersection of 95th Street and Western Avenue in Evergreen Park, IL. Carson Pirie Scott and Office Depot anchor the center. Area retail includes Wal*Mart, Sam’s Club, Borders, Home Depot, Target, Applebee’s, Wendy’s, Dunkin’ Donuts, Potbelly Sandwich Works, Panda Express, Jamba Juice, Panera Bread, Cold Stone Creamery, Chipotle and Starbucks. Junior anchor spaces are available. For more information, contact Hy Brandelstein, Evergreen Plaza Associates I, LP, 9730 South Western Avenue, Suite 418, Evergreen Park, IL 60805; 708-857-5760 Ext. 224; Email: [email protected]; Web site: www.theplazamall.org.

www.dealmakers.net The Dealmakers June 19, 2009 page 5

neW ConstruCtion FOR LEASEFOR LEASE

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Visit us online at www.dealmakers.net

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Buyers and sellers

(continued from page three)The Shopping Center Group is selling a 54,200 sq.ft. center located on Old Monrovia Road in Huntsville, AL. hhgregg anchors the center. The center is 100% occupied. Area retail includes Madison Square Mall. The average daily traffic count is 50,000 vehicles. For more information, contact Mark Cooley or Dan Earles, The Shopping Center Group, 300 Galleria Parkway, 12th Floor, Atlanta, GA 30339; 770-955-2434, Fax 770-951-0054; Email: [email protected].

Signature Associates negotiated the sale of a 1,120 sq.ft. space located on West Davison Freeway in Detroit, MI. Danco Petroleum acquired the site from Huntington Bank. The company represented the buyer and the seller in the transaction. The company also negotiated the sale of a 1,542 sq.ft. space located on Utica Road in Sterling Heights, MI and a 1,500 sq.ft. space located on Van Dyke Avenue in Shelby Township, MI. K&R Property Management 1, LLC acquired the sites from Finding Law Firm. The company represented the buyer and the seller in the transactions. The company also negotiated the sale of a 2,866 sq.ft. space located on East Davison Street in Detroit, MI. Bazzi Fuels, LLC acquired the site from Cochrane, LLC. The company represented the buyer and the seller in the transaction. The company also negotiated the sale of a 31,395 sq.ft. space located on South Main Street in Frankenmuth, MI. Frankenmuth Brewery Real Estate, LLC acquired the site from Bank of America. The company represented the buyer and the seller in the transaction. The company also negotiated the sale of a 12,000 sq.ft. space located on East Grand River Avenue in Howell, MI. Family Home Video acquired the site from Cushman & O’Connel, LLC. The company represented the seller in the transaction. For more information regarding the West Davison Freeway, Sterling Heights and Shelby Township properties, contact Louis Ciotti or Steve Gordon, Signature Associates, One Towne Square, Suite 1200, Southfield, MI 48076; 248-359-0608 or 248-948-0101; Emails: [email protected] and [email protected]. For more information regarding the East Davison Street property, contact Louis Ciotti or Viktor Gjonaj; 248-359-3832; Email: [email protected]. For more information regarding the Frankenmuth property, contact Jim Montgomery or Bruce Baja; 248-359-0614 or 248-799-3177; Emails: [email protected] and [email protected]. For more information regarding the Howell property, contact Jim Montgomery or Dan Jacob; 248-799-3173; Email: [email protected]. D

M

Page 6: Dealmakers Magazine | June 19, 2009

page 6 June 19, 2009 The Dealmakers www.dealmakers.net

Food retailers expand nationWideexClusives and leasing assignments

sourCes oF FinanCing

Grubb & Ellis (410-625-4202/4205/4207) represents the following retailers with their expansion plans: Adventure Dental, throughout Baltimore and Prince George’s County, MD and Washington, DC, utilizing spaces of 6,000 sq.ft. to 8,000 sq.ft.; Tutor Time, throughout MD, northern VA and Washington, DC, occupying one-acre parcels or 13,000 sq.ft. freestanding locations with area demographics including a population within a three-mile radius earning a median household income of $80,000; Snap Fitness, throughout MD and northern VA, utilizing spaces of 2,500 sq.ft. to 3,500 sq.ft.; The Cleaning Store, throughout the Baltimore, MD and Washington, DC metropolitan areas, occupying spaces of 1,500 sq.ft. to 3,000 sq.ft. with trade-area demographics including a population earning a median household income of $70,000; Sonic Drive-In, throughout Frederick, Montgomery, Prince George’s and Washington counties in MD, northern VA and Washington, DC, utilizing pad sites of 30,000 sq.ft.; Carpet One, throughout Glen Burnie, MD, occupying spaces of 3,000 sq.ft. to 6,000 sq.ft.; Street Corner, throughout the Baltimore, MD and Washington, DC metropolitan areas, occupying kiosks of 150 sq.ft. to 225 sq.ft. and shop spaces of 700 sq.ft. to 1,200 sq.ft.; National Beauty, throughout MD, VA and Washington, DC, utilizing spaces of 3,000 sq.ft. to 6,000 sq.ft., and Dollar Buys, throughout the Baltimore, MD and Washington, DC metropolitan areas, utilizing spaces of 6,000 sq.ft. to 12,000 sq.ft.

Lee & Associates (951-445-4515 or 951-276-3612/3636) represents CVS as a preferred developer in the drug store chain’s expansion throughout San Bernardino County, CA. The company prefers 13,225 sq.ft. freestanding buildings with two drive-thru lanes in areas with strong demographics.

Great Eastern Investments, LLC provides private money financing in amounts ranging from $1 million to $10 million for the acquisition, refinancing, renovation and construction of properties nationwide, as well as for tax lien, foreclosure, debt restructuring and bankruptcy settlement purposes. Notes are available with a maximum loan-to-value ratio of 80%. For more information, contact T. J. Morrow, Great Eastern Investments, LLC; 830-796-7735, Fax 830-796-4774; Email: [email protected]; Web site: www.great-eastern.com.

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Schakolad Chocolate Factory operates 34 locations throughout CT, FL, GA, IN, MI, NY, OH, TN, TX and VA, as well as internationally. The stores, offering European-style handmade chocolates, occupy spaces of 1,200 sq.ft. to 1,600 sq.ft. in urban/downtown areas and entertainment, lifestyle, specialty and tourist centers. Growth opportunities are sought throughout the eastern region during the coming 18 months. Typical leases run five years with a five-year option. A vanilla shell is required. Preferred cotenants include Starbucks, The Cheesecake Factory, Marble Slab Creamery and steakhouses. Major competitors include Godiva. Preferred demographics include a population of 50,000 within five miles earning $50,000 as the average household income. 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.

Noodles & Co. operates 213 locations throughout CA, CO, IA, IL, IN, KS, KY, MD, MI, MN, MO, NC, NE, OH, OR, UT, VA and WI. The restaurants, offering noodle dishes from around the world, occupy spaces of 2,500 sq.ft. to 2,700 sq.ft. in freestanding locations, malls, endcap spaces, urban/downtown areas and entertainment, lifestyle, power, specialty, strip and tourist centers. Growth opportunities are sought throughout the existing markets, excluding OH, during the coming 18 months. Preferred demographics include a population of 10,000 within one mile earning $55,000 as the average household income. The company will also consider build-to-suits. For more information, contact Tim Mosbacher, Noodles & Co., 520 Zang Street, Suite D, Broomfield, CO 80021; 720-214-1913, Fax 720-214-1913; Web site: www.noodles.com.

Stuft Pizza Franchise Co. trades as Stuft Pizza, Stuft Pizza and Brewing and Stuft Pizza Bar & Grill at 12 locations throughout CA and OR. The restaurants occupy spaces of 800 sq.ft. to 6,000 sq.ft. in freestanding locations, urban/downtown areas and entertainment, lifestyle, power, specialty and strip centers. Growth opportunities are sought throughout CA during the coming 18 months. The company is franchising and expansion is franchise-driven. For more information, contact Jack Bertam or Noelle Bertam, Stuft Pizza Franchise Co., 50855 Washington Street, Suite 210, La Quinta, CA 92553; 760-777-1660, Fax 760-777-1948; Email: [email protected]; Web site: www.stuftpizza.com.

The Pizza Pipeline, Inc. trades as The Pizza Pipeline at 16 locations throughout ID, MT, OR and WA. The restaurants occupy spaces of 1,900 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. The company is franchising. For more information, contact Mike Kight, The Pizza Pipeline, Inc., 418 West Sharp Avenue, Spokane, WA 99201; 509-326-1977, Fax 509-326-3017; Web site: www.pizzapipeline.com.

Subway Real Estate Corp. trades as Subway at 31,057 locations nationwide and internationally. The quick-service sandwich restaurants occupy spaces of 800 sq.ft. to 2,000 sq.ft. in freestanding locations, malls, urban/downtown areas and entertainment, lifestyle, power, specialty, strip, tourist and value centers. 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.

Dolly’s Pizza Franchising trades as Dolly’s Pizza at 30 locations throughout MI and NC. The pizzerias occupy spaces of 1,200 sq.ft. in strip centers. Growth opportunities are sought throughout MI during the coming 18 months. Typical leases run five years with options. A vanilla shell is required. Preferred cotenants include drug stores and video stores. Preferred demographics include a population of 15,000 within three miles earning $40,000 as the average household income. Major competitors include Papa John’s, Pizza Hut and Domino’s Pizza. For more information, contact Robert Lewis, Dolly’s Pizza Franchising, 1097 Union Lake Road, Suite B, White Lake, MI 48386; 248-360-6440; Web site: www.dollyspizza.com.

Toojay’s Management Corp. trades as Toojay’s Original Gourmet Deli at 26 locations throughout FL. The restaurants, offering breakfast, lunch and dinner, occupy spaces of 6,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. For more information, contact William Korenbaum, Toojay’s Management Corp., 3654 Georgia Avenue, West Palm Beach, FL 33405; 561-659-9011, Fax 561-659-9703; Web site: www.toojays.com.D

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Whole Foods Market operates 270 locations nationwide and in the UK. The supermarkets, offering natural and organic foods in addition to seafood, wine, produce, floral, bakery, cheese and prepared food departments, occupy spaces of 25,000 sq.ft. to 45,000 sq.ft. in urban/downtown areas and lifestyle and mixed-use centers. Growth opportunities are sought throughout MD, northern VA and Washington, DC during the coming 18 months, with representation by H&R Retail. A vanilla shell and specific improvements are preferred. Preferred demographics include a population of 250,000 within three miles earning $75,000 as the average household income. Major competitors include Harris Teeter, Trader Joe’s and The Fresh Market. For more information, contact Marc Katz or Suzanne Katz, H&R Retail, 2800 Quarry Lake Drive, Suite 320, Baltimore, MD 21209; 410-308-0800, Fax 410-486-2733; Email: [email protected]; Web site: www.wholefoodsmarket.com.

Supervalu, Inc. (Southern CA division) trades as Albertson’s at 280 locations throughout southern CA and NV. The supermarkets occupy spaces of 50,000 sq.ft. to 60,000 sq.ft. in freestanding locations and power and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. For more information, contact Jeff Dierck, Supervalu, Inc. (Southern CA division), 1421 South Manhattan, Fullerton, CA 92831; 714-300-6752, Fax 714-300-6941; Email: [email protected]; Web site: www.supervalu.com.

D’Agostino Supermarkets, Inc. trades as D’Agostino at 18 locations throughout NY. The supermarkets occupy spaces of 8,400 sq.ft. in downtown areas. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run 20 years. For more information, contact Nicholas D’Agostino III, D’Agostino Supermarkets, Inc., 1385 Boston Post Road, Larchmont, NY 10538; 914-833-4000, Fax 914-833-4060.

Carlie C’s Operations trades as Carlie C’s IGA at 12 locations throughout NC. The supermarkets occupy spaces of 24,000 sq.ft. to 25,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. For more information, contact Mack McLamb, Carlie C’s Operations, 3695 U.S. Highway 301 North, Dunn, NC 28334; 910-892-4124; Web site: www.carliecs.com.

Glass Garden, Inc. trades as Shop Rite Supermarkets at nine locations throughout NJ and NY. The supermarkets occupy spaces of 73,000 sq.ft. in freestanding locations and lifestyle, power, specialty and strip centers. Plans call for two openings throughout the existing markets as well as CT and PA during the coming 18 months. Typical leases run 20 years with options. A land area of nine acres or more is required for freestanding locations. For more information, contact Ben Focarino, Glass Garden, Inc., 204 Passaic Street, Rochelle Park, NJ 07662-3118; 201-843-1364; Email: [email protected].

Corrado’s Family Affair operates one location in Clifton, NJ. The supermarket prefers to occupy spaces of 50,000 sq.ft. to 250,000 sq.ft. in freestanding locations and shopping centers. Growth opportunities are sought throughout NJ and NY during the coming 18 months, with representation by Landmark Real Estate Co. The company prefers to anchor centers. For more information, contact Larry Liebowitz, Landmark Real Estate Co., 555 Miller Court, Wyckoff, NJ 07481; 201-560-1800, Fax 201-390-8383; Email: [email protected]; Web site: www.corradosmarket.com.

Foodmaster Super Markets, Inc. trades as Foodmaster Super Markets at 11 locations throughout MA. The supermarkets, featuring bakery, produce, deli, meat and seafood departments, occupy spaces of 20,000 sq.ft. to 40,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the greater Boston area in MA during the coming 18 months. For more information, contact John DeJesus, Foodmaster Super Markets, Inc., 100 Everett Avenue, Suite 12, Chelsea, MA 02150; 617-660-1300 Ext. 219, Fax 617-660-1399.

Foodtown Supermarkets of Kentucky, Inc. trades as Slone’s Signature Market at five locations throughout KY. The supermarkets occupy spaces of 25,000 sq.ft. to 30,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run 20 to 30 years. Major competitors include Kroger and Wal*Mart. For more information, contact Brad Newsome, Foodtown Supermarkets of Kentucky, Inc., PO Box 55040; 859-260-1599 Ext. 25, Fax 859-260-1449; Web site: www.slonesmarket.com.

www.dealmakers.net The Dealmakers June 19, 2009 page 7

supermarkets expand nationWide

(continued from page one)

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real estate proFessionals making the neWs

Shodeen Management (630-232-7883) hired Bryan Woldman as head of the company’s commercial leasing division. He will concentrate on the Aurora, DeKalb, Geneva and St. Charles areas of IL. The company manages a portfolio of 25 properties with a combined GLA of one million sq.ft.

Centro Properties Group US (212-869-3000) appointed Tiffanie M. Fisher as executive vice president and chief financial officer. She will be responsible for directing the company’s capital market, management information systems, financial controls, SEC reporting and compliance activities. Prior to joining the company, Fisher served as chief operating officer of Morgan Stanley Real Estate.

DLC Management Corp. (914-631-3131) promoted Evan Podob from leasing representative to senior leasing representative. The company is a private retail real estate firm with expertise in acquisition, new development, redevelopment, leasing and management and manages 97 open-air centers with a combined GLA of 16.5 million sq.ft.

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Page 8: Dealmakers Magazine | June 19, 2009

page 8 June 19, 2009 The Dealmakers www.dealmakers.net

Who’s opening and Where

(continued from page four)Martin & MacArthur (808-845-6688) plans to open four furniture stores throughout HI this year, including a 2,600 sq.ft. store at Ward Centre, located on the Big Island. The store will feature a larger number of furniture pieces and home furnishings items in order to attract a more local clientele. The company will also open a 3,300 sq.ft. store at Whaler’s Village, a center located on Maui, and a location inside the Princeville Resort, currently undergoing renovation, on Kauai.

Five Below, Inc. (215-546-7909) plans to open a Five Below store at The Commons, a center located in Martinsburg, WV, during August. The opening will be the company’s first in the state. Bed Bath and Beyond, Best Buy, Books-A-Million, Dick’s Sporting Goods, Michaels, PetSmart, Staples, T.J. Maxx and Target are also slated to open locations at the center.

Aldi, Inc. (630-879-8100) will open a 17,190 sq.ft. Aldi location on U.S. Highway 36/Ohio Route 37 East in Delaware, OH, as part of a plan to open 75 discount supermarkets during 2009. The company currently operates 1,000 units nationwide throughout 29 states.

Wal*Mart Stores, Inc. (479-273-4000) plans to open Wal*Mart locations in Salmon Creek and Woodland, WA. Construction is slated to begin during 2010.

Big R Stores (815-432-3440) is slated to open a 114,000 sq.ft. Big R store at Lake Park Plaza, located on Franklin Street in Michigan City, IN during July or August. The store will offer clothing, lawn and garden supplies; electrical, paint and plumbing products; animal care items and sporting goods, along with other departments. The opening will be the company’s fourth in the state.

O’Reilly Automotive, Inc. (417-862-3333) plans to open 150 O’Reilly Auto Parts locations this year. The company currently operates 3,337 of the stores, offering auto parts, tools, supplies, equipment and accessories, throughout 38 states.

Culver Franchising System, Inc. (608-643-7980) plans to open Culver’s locations in AR and TN. The company also recently opened restaurants in AZ. The chain currently operates 370 independently-owned locations nationwide throughout 17 states.

Melt, Inc. (866-666-5147), through franchisees, plans to open six Melt locations during 2009.

Einstein Noah Restaurant Group, Inc. (303-568-8000) plans to open six company-owned restaurants, between six and eight franchised restaurants and 30 to 35 licensed restaurants this year. The company currently operates 653 company-owned, licensed and franchise locations nationwide, trading as Einstein Bros., Noah’s and Manhattan Bagel.

Five Guys Enterprises, LLC (703-339-9500), through a franchisee, plans to open four Five Guys Famous Burgers and Fries locations throughout the Portland, OR area this year, as part of the franchisee’s plan to operate 27 restaurants throughout the area by 2017.

Phoebe’s Cupcakes, LLC (773-868-4000) plans to open 20 Phoebe’s Cupcakes locations nationwide. The company recently opened a cupcake shop on North Broadway in the Lakeview area of Chicago, IL. The stores offer gourmet cupcakes, muffins, cookies, pastries and coffee.

America’s Mattress (888-637-3782), through a franchisee, will open three locations in Albuquerque, NM as part of a plan to open seven stores throughout the state. The company recently opened a location in Santa Fe.

True Religion Apparel, Inc. (323-266-3072) plans to open 16 True Religion locations this year. The company currently operates 51 premium denim clothing stores nationwide.

Petsmart, Inc. (623-580-6100) plans to open a 30,000 sq.ft. PetSmart at Tikahtnu Commons, a center located in East Anchorage, AK, during 2010. The tenant will join Best Buy, Lowe’s Home Improvement, Kohl’s, The Sports Authority, IHOP, Subway, Marble Slab Creamery, GCI, AT&T Mobility, Great Clips and Sally Beauty Supply.

Red Mango, Inc. (310-215-4888) plans to open 550 Red Mango Authentic Frozen Yogurt Shoppes locations nationwide during the next five years, including 40 units to be opened this year. The company currently operates 48 locations nationwide throughout CA, HI, IL, NJ, NY, NV, UT and WA.

Wendy’s/Arby’s Group, Inc. (888-514-0924 or 678-514-4500) plans to open 10 company-owned Wendy’s and five Arby’s locations during 2009, along with 70 Wendy’s restaurants and 40 Arby’s locations through franchisees. The company currently operates 6,623 Wendy’s locations and 3,741 Arby’s locations nationwide. D

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lead sheet

Automotive Supplies Associatesdba Sanel Auto PartsGeorge Segal129 Manchester StreetConcord, NH 03301603-225-4000, Fax 603-225-2484

AutomotiveThe 36-unit chain operates locations throughout ME, NH and VT. The stores, offering automotive parts and supplies, occupy spaces of 6,000 sq.ft. to 10,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run five to 10 years.

Autonation, Inc.dba AutonationHarry Brumley110 Southeast 6th Street, Suite 2400Ft. Lauderdale, FL 33301954-769-7134, Fax 954-769-8954Web site: www.autonation.com

AutomotiveThe 250-unit chain operates locations nationwide. The car dealerships, featuring new and used automobiles, prefer to locate on a land area of three to 15 acres for freestanding locations, malls and power centers. Growth opportunities are sought throughout major metropolitan markets throughout the southern region during the coming 18 months. Typical leases run 10 to 20 years.

Greg’s Japanese Auto Parts & Service, Inc.dba Greg’s Japanese Auto Parts & ServiceGreg and David Huntley8301 South 216th StreetKent, WA 98032253-872-0840, Fax 253-872-0763Email: [email protected] site: www.gregs.com

AutomotiveThe eight-unit chain operates locations throughout the Puget Sound area of WA. The automotive parts and service centers occupy spaces of 3,000 sq.ft. to 10,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing market during the coming 18 months.

Minuteman Car WashMike Shullman297 Main AvenueNorwalk, CT 06851203-249-2694, Fax 203-972-9354Web site: www.minutemancarwash.com

AutomotiveThe 19-unit chain operates locations throughout AZ, CA, CT, FL, IA, IL, NE and OH. The car wash centers occupy spaces of 3,500 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 30 years with options. A vanilla shell is required. Preferred cotenants include supermarkets. Preferred demographics include a population of 11,000 within one mile earning $35,000 as the average household income.

Moran Industries, Inc.dba Alta Mere, Milex and Mr. TransmissionJack Yost4444 West 147th StreetMidlothian, IL 60445800-581-8468, Fax 708-389-5948Email: [email protected] site: www.moranindustries.com

AutomotiveThe 176-unit chain operates locations nationwide. The shops, offering automotive repair, service and accessories, occupy spaces of 2,500 sq.ft. to 5,000 sq.ft. in freestanding locations. Plans call for five openings throughout the existing market during the coming 18 months. Typical leases run 10 years with two, five-year options. Preferred demographics include a population of 50,000 within three miles. Major competitors include Aamco, Lee Myles and Meineke.

Family DollarNeil Denenbergc/o Denenberg Realty Advisors230 Commercial StreetBoston, MA 02109617-720-5656, Fax 617-720-5676Email: [email protected] site: www.denenbergra.com

DiscountThe 6,600-unit chain operates locations throughout 44 states nationwide. The discount variety stores occupy spaces of 8,000 sq.ft. to 10,000 sq.ft. in freestanding locations and lifestyle, mixed-use, power, specialty and strip centers, as well as urban/downtown areas. Plans call for 13 openings inside Route 495 in MA during the coming 18 months, with representation by Denenberg Realty Advisors.

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Page 10: Dealmakers Magazine | June 19, 2009

Cash America International, Inc.dba Cash America PawnDoak Raulston1600 West 7th StreetFt. Worth, TX 76102-2599817-335-1100, Fax 817-570-1695Web site: www.cashamerica.com

FinanceThe 500-unit chain operates locations throughout AK, AL, AZ, CO, FL, GA, IL, IN, KY, LA, MO, NC, NE, OH, OK, SC, TN, TX, UT and WA. The pawn shops occupy spaces 5,000 sq.ft. to 10,000 sq.ft. in freestanding locations and strip and value centers. Growth opportunities are sought throughout AZ, CA, FL, IL, NV and TX during the coming 18 months. Typical leases run five years with three, five-year options. A vanilla shell is required. Preferred demographics include a population of 80,000 within three miles earning $35,000 to $45,000 as the average household income. Major competitors include EZ Pawn, First Cash and Value Pawn.

Rogers Enterprises, Inc.dba Rogers & Hollands JewelersCraig Stern20821 South Cicero AvenueMatteson, IL 60443708-748-6400, Fax 708-679-0590Web site: www.rogersandhollands.com

JewelryThe 89-unit chain operates locations throughout IL, IN, KY, MI, MN, MO, OH, TN and WI. The jewelry shops occupy spaces of 1,500 sq.ft. in malls. Growth opportunities are sought throughout the existing markets during the coming 18 months.

Fletcher Music Centers, Inc.dba Fletcher Music CentersDave Fletcher3966 Airway CircleClearwater, FL 33762727-571-1088, Fax 727-572-4405Email: [email protected] site: www.fletchermusic.com

MusicThe 24-unit chain operates locations throughout AZ and FL. The stores, offering catering to retirees and offering home organs and electronic keyboards, occupy spaces of 1,600 sq.ft. to 2,200 sq.ft. in strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run five years. A vanilla shell is required. Preferred cotenants include grocery and drug stores and Bealls. Preferred demographics include a population of 75,000 within 10 miles earning $50,000 as the average household income.

America’s Best Contacts & EyeglassesDavid Dunkelmanc/o Colliers L & A399 Market StreetPhiladelphia, PA 19106215-928-7542, Fax 215-925-1040Email: [email protected]

OpticalThe 230-unit chain operates locations nationwide. The stores, offering eyeglasses and contact lenses, occupy spaces of 2,800 sq.ft. to 3,500 sq.ft. in freestanding locations, malls and power and strip centers, in addition to urban/downtown areas. Growth opportunities are sought throughout NJ and PA during the coming 18 months, with representation by Colliers L & A. Typical leases run five years with options. A vanilla shell and specific improvements are required. Preferred cotenants include Kohl’s, PetSmart and Men’s Wearhouse. Preferred demographics include a population of 250,000 within five miles earning $40,000 as the average household income. Major competitors include For Eyes, LensCrafters and Pearle Vision.

Emerging Vision, Inc.dba Site for Sore Eyes and Sterling OpticalSusan Goldberg100 Quentin Roosevelt BoulevardGarden City, NY 11530516-465-6995, Fax 516-390-2230Web site: www.sterlingoptical.com

OpticalThe 173-unit chain operates locations throughout 22 states nationwide and Ontario, Canada. The eye care centers occupy spaces of 1,200 sq.ft. to 1,800 sq.ft. in freestanding locations, malls and strip centers. Growth opportunities are sought throughout select markets nationwide during the coming 18 months.

Eye Care Centers of America, Inc.dba Eye Master, Binyon’s, Visionworks and Doctors VisionworksNeva Mollica11103 West AvenueSan Antonio, TX 78213210-340-3531 Ext. 6566, Fax 210-524-6687Email: [email protected]

OpticalThe 500-unit chain operates locations nationwide. The eye care centers occupy spaces of 3,000 sq.ft. to 3,500 sq.ft. in malls and lifestyle and power centers. Growth opportunities are sought throughout FL during the coming 18 months. The company prefers to locate in centers without grocery anchors.

lead sheet

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lead sheet

For Eyes Optical Co.dba For Eyes OpticalWilliam Wedren400 Arthur Godfrey Road, Suite 200Miami Beach, FL 33140800-289-9201 Ext. 243, Fax 305-673-6711Email: [email protected] site: www.foreyes.com

Optical The 140-unit chain operates locations nationwide and in Puerto Rico. The eye care centers occupy spaces of 1,800 sq.ft. to 2,500 sq.ft. in freestanding locations, power and strip centers and urban/downtown areas. Growth opportunities are sought nationwide during the coming 18 months. Typical leases run five years. A vanilla shell and specific improvements are required. Major competitors include LensCrafters.

Party Retail Groupdba Party City, Party America, Factory Card and Party Outlet, Paper Factory and Halloween USAChristopher Bearss35901 Veronica StreetLivonia, MI 48150734-591-1717, Fax 734-591-3822Email: [email protected]

Party SuppliesThe 958-unit chain operates locations nationwide and in Puerto Rico. The stores, offering party supplies, seasonal merchandise, greeting cards and Halloween supplies, occupy spaces of 10,000 sq.ft. to 15,000 sq.ft. in regional, big-box and mid-box shopping centers. Growth opportunities are sought throughout CA, FL, GA, the Chicago, IL metropolitan area; MO, NJ, NY and TX during the coming 18 months.

Complete Pet Mart, Inc.dba Complete Pet MartKevin Manley1239-G Lyons RoadDayton, OH 45458-1818937-433-0355, Fax 937-433-9770Web site: www.completepetmart.com

Pet SuppliesThe 30-unit chain operates locations throughout KY, NC, OH and WV. The pet supply shops occupy spaces of 4,500 sq.ft. in freestanding locations, malls and power, specialty and strip centers. Growth opportunities are sought east of the Mississippi River during the coming 18 months.

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

Pet SuppliesThe 950-unit chain operates locations nationwide. The pet supply stores occupy spaces of 10,000 sq.ft. to 15,000 sq.ft. in freestanding locations and power and strip centers. Growth opportunities are sought throughout central and northern NJ and NY during the coming 18 months, with representation by Ripco Real Estate.

Pet GoodsLarry Liebowitzc/o Landmark Real Estate Co., LLC555 Miller CourtWyckoff, NJ 07481201-560-1800, Fax 201-390-8383Email: [email protected] site: www.petgoods.com

Pet SuppliesThe three-unit chain operates locations throughout NJ and NY. The pet supply stores occupy spaces of 13,000 sq.ft. to 15,000 sq.ft. in freestanding locations and power centers. Plans call for five openings throughout the existing markets, as well as CT, during the coming 18 months, with representation by Landmark Real Estate Co., LLC. Typical leases run 10 years with options. A vanilla shell and specific improvements are required. Preferred cotenants include Target, Bed Bath & Beyond, supermarkets, Best Buy and Marshalls. Major competitors include Petco and Petsmart.

Pet Valu International, Inc.dba Pet ValuJohn Fleming121 McPherson StreetMarkham, Ontario, Canada L3R 3L3905-946-1200, Fax 905-946-0658Web site: www.petvalu.com

Pet SuppliesThe 340-unit chain operates locations throughout MD, NJ, PA and VA and in Manitoba and Ontario, Canada. The pet supply stores occupy spaces of 2,000 sq.ft. to 3,000 sq.ft. in strip centers. Growth opportunities are sought throughout MD, NJ, PA and VA during the coming 18 months.

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Page 12: Dealmakers Magazine | June 19, 2009

Cavender’s Boot CitySharon Bilesc/o Sabre Properties3336 Richmond Avenue, Suite 302Houston, TX 77098713-524-4646, Fax 713-630-0680

ShoesThe 50-unit chain operates locations throughout AR, KS, LA, OK and TX. The stores, offering boots and western wear for the family, occupy spaces of 15,000 sq.ft. to 20,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout AR, AZ, CO, KS, LA and MO during the coming 18 months, with representation by Sabre Properties. The company prefers to acquire sites. Preferred demographics include a population of 50,000 within five miles.

Famous Horse, Inc. dba V.I.M.Elazar Joseph16401 Jamaica AvenueJamaica, NY 11432-4913718-387-3777, Fax 718-301-6141Web site: www.vim.com

ShoesThe 30-unit chain operates locations throughout NJ and NY. The stores, offering footwear and apparel, occupy spaces of 10,000 sq.ft. in downtown areas. Growth opportunities are sought throughout the existing markets during the coming 18 months. The company prefers to acquire sites.

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].

Elephant & Castle Pub and RestaurantBill Miller or Ann McLeanc/o Transwestern Retail1667 K Street Northwest, Suite 300Washington, DC 20006 202-775-7033/7007Emails: [email protected] [email protected] site: www.elephantcastle.com

SpecialtyThe 20-unit chain operates locations throughout CA, IL, MA, NJ, PA, WA and Washington, DC as well as Alberta, British Columbia, Manitoba, Nova Scotia and Ontario, Canada. The bar/restaurants occupy spaces of 4,500 sq.ft. to 6,000 sq.ft. in urban/downtown areas. Growth opportunities are sought throughout the Washington, DC metropolitan area during the coming 18 months, with representation by Transwestern Retail. The company prefers to locate in areas with a high population density and near office buildings.

Shop Rite, Inc.dba Tobacco PlusJohn Gielen115 East 1st StreetCrowley, LA 70526337-783-8696, Fax 337-788-3916

SpecialtyThe 60-unit chain operates locations throughout LA. The stores, offering convenience and tobacco items, as well as wine and spirits, occupy spaces of 2,000 sq.ft. to 3,000 sq.ft. in freestanding locations. Plans call for five openings throughout the coastal area of AL, the Interstate 10 and Interstate 12 corridors of LA and the coastal area of MS during the coming 18 months. Typical leases run five years with options. Specific improvements are required. Preferred demographics include a population of 25,000 within three miles earning $39,000 as the average household income. The company prefers to locate near big-box retailers and Wal*Mart.

GameStopFarron Roboffc/o Fairfield Retail Partners88 Ryders LaneStratford, CT 06614203-870-8200, Fax 203-870-8201Email: [email protected] sites: www.gamestop.com and www.fairfieldretail.com

VideoThe 4,400-unit chain operates locations nationwide and internationally. The stores, offering computer and video games, occupy spaces of 1,500 sq.ft. to 2,000 sq.ft. in power and strip centers. Growth opportunities are sought throughout CT and the Hudson Valley area of NY during the coming 18 months, with representation by Fairfield Retail Partners.

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Daphne – Whispering Pines, a 16,125 sq.ft. strip center situated on six acres at the intersection of U.S. Highway 98 and Whispering Pines Road, has two spaces of 2,000 sq.ft. available. CVS anchors the center and cotenants include CitiFinancial. Area retail includes Walgreens. The asking rent is $14 psf with CAM of $1.50 psf and taxes of $0.50 psf. Mobile – Mobile Festival Centre, a 40,000 sq.ft. center located at the intersection of Airport Boulevard and Montlimar Drive, has space available. Academy Sports, Michaels, Bed Bath & Beyond, Ross Dress for Less and Marshalls shadow-anchor the center. Cotenants include Guitar Center, GameStop and Olive Garden. Area retail includes Home Depot, Pep Boys, Outback Steakhouse, Bel Air Mall and Springdale Mall. Area demographics include a population of 180,389 within five miles earning $50,515 as the average household income. The average daily traffic count is 57,200 vehicles. The asking rent is $6 psf. For details, contact Alex Pate, The Mitchell Co., PO Box 160306, Mobile, AL 36616; 251-345-1259, Fax 251-345-1286; Email: [email protected].

Arizona

Chandler – San Tan Plaza, a strip center located at the intersection of Loop 202 and Arizona Avenue, has spaces available from 1,750 sq.ft. to 29,479 sq.ft. Kohl’s anchors the center and cotenants include Bedmart and Acrylic Spas of AZ. Area demographics include a population of 260,474 within five miles earning $80,691 as the average household income. Scottsdale – Scottsdale Shoppes, a strip center located at the intersection of Loop 101 and Raintree Drive, has spaces available of 5,000 sq.ft. and 20,000 sq.ft. Kohl’s, Whole Foods Market and Sport Chalet anchor the center. Cotenants include Family Christian Store. Area demographics include a population of 164,989 within five miles earning $98,370 as the average household income. Tucson – Rillito Crossing Market Place, a strip center located at the intersection of 1st Avenue and Limberlost Place, has spaces available from 1,400 sq.ft. to 8,685 sq.ft. along with a 55,756 sq.ft. outlot. LA Fitness and Sunflower Market anchor the center. Cotenants include Dickey’s Barbecue Pit and Cold Snap Yogurt. Area demographics include a population of 239,238 within five miles earning $39,555 as the average household income. For details, contact Mike Kumelski, Continental Properties Co., Inc., W134 N8675 Executive Parkway, Menomonee

Falls, WI 53051; 262-502-5500, Fax 262-502-5522; Email: [email protected]; Web site: www.cproperties.com.

California

Milpitas – The Globe, a 700,000 sq.ft. power center situated on 47.24 acres at the intersection of Highway 880 and Stevenson Boulevard, has space available. East West Bank, International Supermarket and Pho Appetite anchor the center. Area retail includes Milpitas Square and McCarthy Ranch. Area demographics include a population of 780,000 within 10 miles earning $184,454 as the average household income. The average daily traffic count is 35,000 vehicles. The asking rent is $36 psf. For details, contact Julie Ho, The Globe Mall, 428 South Main Street, Milpitas, CA 95035; 408-836-0460, Fax 408-850-7991; Email: [email protected]; Web site: www.theglobemall.com.

San Bernardino – A 25,000 sq.ft. freestanding former Silo Electronic Superstore situated on a land area of 69,696 sq.ft. on South E Street is available. Area retail includes Inland Center Mall, Target, Big Lots, Men’s Wearhouse and Sears. The monthly asking rent is $0.55 psf with CAM of $0.09 psf. For details, contact Roger Thompson, Wallender Commercial Real Estate Services, Inc., 1980 Orange Tree Lane, Suite 250, Redlands, CA 92374; 909-792-3550, Fax 909-792-0770; Email: [email protected]; Web site: www.wallendercommercial.com.

Connecticut

Monroe – Starbucks Plaza, a 10,135 sq.ft. strip center situated on two acres at the intersection of Main Street and Carrie Hill Road, has spaces available of 1,295 sq.ft. and 1,682 sq.ft. Starbucks and Hudson City Savings Bank anchor the center. Cotenants include Julian’s Brick Oven Pizza and Coco Nails. Area retail includes Blockbuster Video, CVS and Brooks Pharmacy. Area demographics include a population of 47,357 within five miles earning $103,211 as the median household income. Orange – Orange Meadows, a 77,451 sq.ft. strip center situated on 6.94 acres at the intersection of Boston Post Road and Peck Lane, has a divisible space of 9,884 sq.ft. available. Cotenants include L.L. Bean Outlet, Thomasville Furniture, Talbots Outlet and Trader Joe’s. Area retail includes Home Depot, Lowe’s Home Improvement, Bed Bath & Beyond and Connecticut Post Mall.

Area demographics include a population of 125,361 within five miles earning $60,200 as the median household income. Stratford – The Dock Shopping Center (Dockside), a 162,000 sq.ft. strip center situated on 30 acres at the junction of Interstate 95, U.S. Route 1 and Route 110, has divisible spaces available of 9,100 sq.ft. and 16,159 sq.ft. BJ’s Wholesale Club anchors the center and cotenants include Staples and Petco. Area retail includes Home Depot and Wal*Mart. Area demographics include a population of 456,589 within 10 miles earning $76,848 as the average household income. Westport – Greens Farms Plaza, a 39,684 sq.ft. mixed-use center situated on 2.9 acres, has a 14,100 sq.ft. space available. Pier 1 Imports, V Restaurant, Munson’s Chocolates and Coco Spa anchor the center. Cotenants include Curves and Westport Music Center. Area retail includes Anthropologie, Crate & Barrel and Barnes & Noble. Area demographics include a population of 94,148 within five miles earning $123,193 as the median household income. For details, contact Christine Tomczyk, Urstadt Biddle Properties, Inc., 321 Railroad Avenue, Greenwich, CT 06830; 203-863-8212, Fax 203-861-6755; Email: [email protected]; Web site: www.ubproperties.com.

Florida

Boynton Beach – Riverwalk Plaza, a 117,000 sq.ft. strip center located at the intersection of U.S. Route 1/Federal Highway and Woolbright Road, has spaces available of 1,460 sq.ft.; 2,000 sq.ft. and 3,000 sq.ft. Winn-Dixie, Walgreens and Jo-Ann Fabrics anchor the center. Cotenants include Wachovia Bank, Wendy’s and Quiznos. Area retail includes Publix and Beall’s Outlet. Area demographics include a population of 175,000 within five miles earning $68,000 as the average household income. The average daily traffic count is 36,000 vehicles. The asking rent is $20 psf with NNN fees of $8 psf. Also, Sunshine Square, a 147,000 sq.ft. strip center located at the intersection of U.S. Route 1/Federal Highway and Woolbright Road, has spaces available of 3,500 sq.ft. and 11,174 sq.ft. along with a 1,430 sq.ft. outlot with a drive-thru. Publix, Dollar Tree and Beall’s Outlet anchor the center. Cotenants include Subway, Crown Liquors and Supercuts. Area demographics include a population of 175,000 within five miles earning $68,000 as the average household income. The average daily traffic count is 36,000 vehicles. The asking rent

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is $25 psf with NNN fees of $9.50 psf. Coral Springs – Plaza at Coral Springs II, a 167,000 sq.ft. strip center located at the intersection of Atlantic Boulevard and Riverside Drive, has spaces available of 1,900 sq.ft.; 3,600 sq.ft. and 60,000 sq.ft. Bally’s Total Fitness anchors the center and cotenants include Sally Beauty Supply. Area retail includes Dillard’s, Macy’s, JCPenney and Coral Square Mall. Area demographics include a population of 377,900 within five miles earning $64,000 as the average household income. The average daily traffic count is 60,000 vehicles. The asking rent ranges from $15 psf to $22 psf with CAM of $5.50 psf and taxes of $3 psf. Kendall-Miami – London Square, a 500,000 sq.ft. power center located at the intersection of Southwest 137th Avenue and Southwest 120th Street, has spaces available of 1,852 sq.ft.; 2,480 sq.ft. and 15,169 sq.ft. Costco, T.J. Maxx/HomeGoods and Ross Dress for Less anchor the center. Cotenants include Party City, Payless ShoeSource and Starbucks. Area demographics include a population of 373,988 within five miles earning $72,587 as the average household income. The average daily traffic count is 70,000 vehicles. Lake Worth – Lantana Square, a 115,000 sq.ft. strip center located at the intersection of Lantana Road and Jog Road, has a 7,200 sq.ft. space available along with two spaces of 1,600 sq.ft. Wal*Mart Neighborhood Grocery and Walgreens anchor the center. Cotenants include Dunkin’ Donuts, T-Mobile and Sears Appliances. Area retail includes Publix, Home Depot, T.J. Maxx/HomeGoods, Ross Dress for Less, Chili’s, Dollar Tree and Office Depot. Area demographics include a population of 266,000 within five miles earning $64,000 as the average household income. The average daily traffic count is 67,000 vehicles. The asking rent is $25 psf with NNN fees of $8 psf. Also, Pinewood Square, a 199,000 sq.ft. strip center located at the intersection of Lantana Road and Jog Road, has spaces available of 1,600 sq.ft.; 7,000 sq.ft. and 9,200 sq.ft. T.J. Maxx/HomeGoods and Ross Dress for Less anchor the center. Cotenants include Outback Steakhouse, Bank of America and WaMu. Area retail includes Publix, Home Depot, Office Depot, Chili’s, Wal*Mart and Walgreens. Area demographics include a population of 266,000 within five miles earning $64,000 as the average household income. The average daily traffic count is 67,000 vehicles. The asking rent is $25 psf with NNN fees of $8 psf. Miami – West Sunset Square, an 83,000 sq.ft. center located at the intersection of Southwest 72nd Street/Sunset Drive and Southwest 157th Avenue, has a

17,000 sq.ft. space available. Walgreens and Valsan anchor the center. Cotenants include Subway, Pasapoga Restaurant and A&R Meat Market. Area retail includes Shoppes at Lago Mar. Area demographics include a population of 310,482 within five miles earning $68,666 as the median household income. The asking rent is $27 psf with CAM of $11 psf. For details regarding the Boynton Beach and Lake Worth properties, contact Jennifer McNeil, Woolbright Development, 3200 North Military Trail, 4th Floor, Boca Raton, FL 33431; 561-400-4675, Fax 561-994-1357; Email: [email protected]; Web site: www.woolbright.net. For details regarding the Coral Springs property, contact Hubert Chen; 786-281-7368; Email: [email protected]. For details regarding the Kendall-Miami property, contact Emran Ally; 305-216-7381; Email: [email protected]. For details regarding the Miami property, contact Sylvia Pereda; 305-978-0070; Email: [email protected].

Clearwater – Bayside Bridge Plaza, a 172,013 sq.ft. strip center located at the intersection of McMullen Booth Road and State Route 590, has spaces available of 3,782 sq.ft.; 5,830 sq.ft. and 12,000 sq.ft. Publix, Ace Hardware and Dollar Tree anchor the center. Cotenants include Choice Fitness, Quiznos and Rent-A-Center. Area demographics include a population of 190,837 within five miles earning $57,442 as the average household income. The average daily traffic count is 70,000 vehicles. The asking rent is $16 psf with CAM of $4 psf and taxes of $2.02 psf. Also, Northwood Plaza, a 202,000 sq.ft. specialty strip center located at the intersection of McMullen Booth Road and Enterprise Road, has spaces available of 1,500 sq.ft.; 2,000 sq.ft. and 3,735 sq.ft. Publix, Stein Mart and Talbots anchor the center. Cotenants include Starbucks, Patchington and CVS. Area demographics include a population of 205,568 within five miles earning $61,670 as the average household income. The average daily traffic count is 80,000 vehicles. The asking rent ranges from $24 psf to $26 psf with CAM of $4.25 psf and taxes of $2 psf. For details, contact Lisa McCaffrey, Colliers Arnold, 4350 West Cypress Street, Suite 300, Tampa, FL 33607; 813-221-2290, Fax 813-224-9403; Email: [email protected]; Web site: www.colliersarnold.com.

Jacksonville – San Jose Plaza, a 92,075 sq.ft. strip center situated on 9.14 acres at the intersection of San Jose Boulevard, Interstate 295 and Claire Lane, has spaces available of 1,200 sq.ft.; 3,243 sq.ft. and 19,000

sq.ft. Bonefish Grill and The Fresh Market anchor the center. Cotenants include Pizza Hut, Sport Clips, My Gym, Health Foods Unlimited and Design Elements. Area retail include Wal*Mart Supercenter, Marshalls, T.J. Maxx and Beall’s. Area demographics include a population of 121,381 within five miles earning $79,214 as the average household income. The asking rent ranges from $17 psf to $18 psf with CAM of $2.19 psf and taxes of $1.52 psf. For details, contact Cheryl Smith, The Pelican Group, Inc., PO Box 160403, Mobile, AL 36616; 251-342-8600, Fax 251-342-8744; Email: [email protected].

Tampa – A 7,807 sq.ft. strip center located at the intersection of Neptune Way and South Dale Mabry Highway has a 1,623 sq.ft. space available. Cotenants include Sunshine Bagels. Area demographics include a population of 90,122 within three miles earning $83,749 as the average household income. The average daily traffic count is 42,525 vehicles. The asking rent is $17.50 psf with CAM of $5 psf. For details, contact Lenore Reynolds, Bruce Strumpf, Inc., 2120 Drew Street, Clearwater, FL 33765; 727-449-2020, Fax 727-449-2212; Email: [email protected]; Web site: www.brucestrumpf.com.

Venice – Bird Bay Plaza, a 136,000 sq.ft. strip center located on U.S. Highway 41 Bypass North, has spaces available of 2,200 sq.ft.; 3,500 sq.ft. and 7,200 sq.ft. along with a 2,200 sq.ft. outlot. Cotenants include Save-A-Lot, Big Lots, Rent-A-Center, Subway, Domino’s Pizza, H&R Block and Batteries Plus. Area demographics include a population of 46,888 within three miles earning $65,614 as the average household income. The average daily traffic count is 44,500 vehicles. For details, contact Nicole Christodoulou, Commodore Realty, 30 West Mashta Drive, Suite 400, Key Biscayne, FL 33149; 305-365-2600 Ext. 40, Fax 305-365-0800; Email: [email protected].

Georgia

Conyers – Salem Gate Market, a 141,718 sq.ft. strip center situated on 21 acres at the intersection of Interstate 20 and Georgia Route 138/Stockbridge Highway, has spaces available of 1,000 sq.ft.; 2,000 sq.ft. and 25,000 sq.ft. Dollar General, Jo-Ann Fabrics and Aaron Rents anchor the center. Area retail includes Home Depot, Wal*Mart Supercenter, Belk, Kohl’s, Hobby Lobby and Office Depot. Area

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demographics include a population of 78,000 within five miles earning $65,000 as the median household income. The average daily traffic count is 135,000 vehicles. For details, contact Doug Singleton, Tri-Land Properties, One Westbrook Corporate Center, Suite 520, Westchester, IL 60154; 708-531-8224, Fax 708-531-8217; Email: [email protected]; Web site: www.trilandproperties.com.

Milton – Deerfield Place, a 420,000 sq.ft. power center located at the intersection of Highway 9 and Deerfield Parkway, has spaces available of 1,200 sq.ft. and 2,400 sq.ft. along with a 4,000 sq.ft. restaurant space. SuperTarget, Kohl’s, Petco, Staples and Edwin Watts anchor the center. Cotenants include Famous Footwear, Hibbett Sporting Goods, Bath & Body Works and Firehouse Subs. Area retail includes Wal*Mart and Kroger. Area demographics include a population of 236,548 within seven miles earning $111,183 as the average household income. The average daily traffic count is 30,750 vehicles. Sandy Springs – The Prado, a 459,770 sq.ft. power center located at the intersection of Roswell Road and Lake Placid Drive, has a 2,606 sq.ft. space available along with restaurant spaces of 1,800 sq.ft. and 4,420 sq.ft. Target, Publix and Staples anchor the center. Cotenants include Taco Mac, EVOS and Larry’s Giant Subs. Area demographics include a population of 944,529 within 10 miles earning $91,433 as the average household income. The average daily traffic count is 38,400 vehicles. For details, contact Lily Heimburger, The Sembler Co., 1450 South Johnson Ferry Road, Suite 100, Atlanta, GA 30319; 404-847-1800, Fax 404-255-4187; Email: [email protected]; Web site: www.sembler.com.

Illinois

Morton Grove – Lonore Plaza, a 36,603 sq.ft. strip center situated on 2.5 acres, has spaces available of 2,100 sq.ft. and 12,475 sq.ft. Subway, Great American Bagel, Remax Masters and Bedding Experts anchor the center. Cotenants include Charming Nails. Area demographics include a population of 383,000 within five miles earning $87,378 as the median household income. The asking rent is $21 psf with CAM of $3.25 psf and taxes of $6 psf. For details, contact Jay Brown, Jaylon, Inc., 2530 Crawford Avenue, Suite 102, Evanston, IL 60201; 847-491-6787, Fax 847-574-8100; Email: [email protected].

Park Ridge – Village Green Shopping Center, a 66,037 sq.ft. strip center located at the intersection of Northwest Highway and Greenwood Avenue, has a 1,600 sq.ft. space available. Talbots Outlet, J. Jill Outlet and Blockbuster Video anchor the center. Cotenants include Subway, FedEx Office, Harris Bank and Cardinal Fitness. Area demographics include a population of 360,000 within five miles earning $68,000 as the median household income. The average daily traffic count is 25,000 vehicles. For details, contact Doug Singleton, Tri-Land Properties, One Westbrook Corporate Center, Suite 520, Westchester, IL 60154; 708-531-8224, Fax 708-531-8217; Email: [email protected]; Web site: www.trilandproperties.com.

Indiana

Merrilville – Century Plaza, a 286,584 sq.ft. strip center located at the intersection of Interstate 65 and U.S. Route 30, has outlots available of 4,800 sq.ft.; 7,500 sq.ft. and 8,000 sq.ft. Burlington Coat Factory, Staples and Old Time Pottery anchor the center. Cotenants include Panera Bread, Portillo’s, Great Clips, Plato’s Closet and The UPS Store. Area demographics include a population within five miles earning $65,000 as the median household income. The average daily traffic count is 105,000 vehicles. For details, contact Doug Singleton, Tri-Land Properties, One Westbrook Corporate Center, Suite 520, Westchester, IL 60154; 708-531-8224, Fax 708-531-8217; Email: [email protected]; Web site: www.trilandproperties.com.

Kansas

Overland Park – Overland Crossing, a 172,625 sq.ft. strip center located at the intersection of Highway 169 and 119th Street, has spaces available of 5,924 sq.ft. and 28,541 sq.ft. JCPenney Home Store and OfficeMax anchor the center. Cotenants include The Mattress Firm, J.B. Deli, Home Decorators and Home Fabrics & Rugs. Area demographics include a population of 232,314 within five miles earning $89,313 as the average household income. For details, contact Mike Kumelski, Continental Properties Co., Inc., W134 N8675 Executive Parkway, Menomonee Falls, WI 53051; 262-502-5500, Fax 262-502-5522; Email: [email protected]; Web site: www.cproperties.com.

Seekonk – West Marine Plaza, a 50,000 sq.ft. strip center situated on two acres at the intersection of Route 114 and Route 6, has a 6,000 sq.ft. space available along with two spaces of 2,500 sq.ft. and a 5,000 sq.ft. outlot. West Marine, Fox Kitchens and Adam & Eve anchor the center. Area retail includes Kohl’s, Sam’s Club, Wal*Mart, Lowe’s Home Improvement and Home Depot. Area demographics include a population of 179,835 within five miles earning $60,240 as the average household income. The average daily traffic count is 28,300 vehicles. The asking rent is $18 psf NNN. For details, contact Addison Closson, Paramount Properties, 10 Waybasset Street, Providence, RI 02903; 401-225-8956, Fax 401-273-6101; Email: [email protected]; Web site: www.paramountpropertiesri.com.

Watertown – Watertown Mall, a 261,133 sq.ft. center situated on 18 acres at the intersection of Arsenal Street and Elm Street, has spaces available of 1,742 sq.ft.; 1,826 sq.ft. and 2,250 sq.ft. SuperTarget, Best Buy, Carters, Payless ShoeSource, Avenue, Papa Gino’s, Work ‘N Gear and Old Country Buffet anchor the center. Area retail includes Arsenal Mall. Area demographics include a population of 755,486 within five miles earning $105,601 as the average household income. The average daily traffic count is 47,742 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].

Michigan

Grand Haven – Beacon Square, a 154,703 sq.ft. strip center situated on 17.35 acres at the intersection of U.S. Highway 31/Beacon Boulevard and Jackson Street, has spaces available of 1,600 sq.ft.; 2,400 sq.ft. and 3,055 sq.ft. Home Depot, Staples, Starbucks and West Marine anchor the center. Cotenants include Quiznos, GameStop and Cold Stone Creamery. Area demographics include a population of 78,552 within 10 miles earning $78,642 as the average household income. The average daily traffic count is 42,000 vehicles. The asking rent ranges from $16 psf to $20 psf with CAM of $2.25 psf and taxes of $2 psf. Grand Rapids – Kentwood Towne Center, a 286,019 sq.ft. power center situated on 26.5 acres at the intersection of 28th Street Southeast and East Paris Avenue, has spaces available of 1,600 sq.ft.; 3,000

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sq.ft. and 7,792 sq.ft. OfficeMax, American Signature Furniture, Bath & Body Works and Dollar Tree anchor the center. Area retail includes Target, Meijer and Costco. Area demographics include a population of 397,554 within 10 miles earning $72,631 as the average household income. The average daily traffic count is 48,600 vehicles. The asking rent is $12 psf with CAM of $2.25 psf and taxes of $2 psf. Muskegon – Lakeshore Market Place, a 473,654 sq.ft. power center situated on 43.5 acres at the intersection of Harvey Street and Sternberg Road, has spaces available of 1,894 sq.ft.; 2,885 sq.ft. and 3,800 sq.ft. along with three outlots of 47,916 sq.ft. Target, Hobby Lobby, Younkers Furniture, Barnes & Noble, Toys “R” Us and T.J. Maxx anchor the center. Area retail includes Lakes Mall, Sears, JCPenney, Bed Bath & Beyond, Meijer, Menards and Kohl’s. Area demographics include a population of 172,594 within 10 miles earning $62,816 as the average household income. The asking rent is $17 psf with CAM of $2 psf and taxes of $2 psf. For details, contact Tim Platt, Encore Market Realty Advisors, 15 South Second Street, Grand Haven, MI 49417; 616-842-5800, Fax 616-842-0564; Email: [email protected]; Web site: www.encoremra.com.

Minnesota

Blaine – Oak Park Plaza, a 95,340 sq.ft. strip center situated on 13.04 acres at the intersection of 109th Avenue and University Avenue, has spaces available of 1,200 sq.ft.; 8,000 sq.ft. and 22,500 sq.ft. Frattalone’s Ace Hardware anchors the center and cotenants include Subway, Great Clips and Domino’s Pizza. Area demographics include a population of 175,295 within five miles earning $75,369 as the median household income. The average daily traffic count is 35,000 vehicles. For details, contact Doug Singleton, Tri-Land Properties, One Westbrook Corporate Center, Suite 520, Westchester, IL 60154; 708-531-8224, Fax 708-531-8217; Email: [email protected]; Web site: www.trilandproperties.com.

Nebraska

Bellevue – Star Park Plaza, a 19,500 sq.ft. strip center, has spaces available from 1,500 sq.ft. to 3,000 sq.ft. Area demographics include a population of 194,805 within five miles earning $57,784 as the average

household income. The average daily traffic count is 11,100 vehicles. The asking rent ranges from $8 psf to $10 psf. Omaha – 123 Dodge Plaza, a 13,650 sq.ft. strip center, has space available. Costco and Menards anchor the center. Area demographics include a population of 241,416 within five miles earning $86,321 as the average household income. The average daily traffic count is 80,000 vehicles. The asking rent ranges from $21.95 psf to $23.95 psf. Papillion – Sky Master Village, a 10,500 sq.ft. strip center located at the intersection of South 132nd Street and Highway 370, has space available. Area demographics include a population of 102,705 within five miles earning $81,841 as the average household income. The average daily traffic count is 10,675 vehicles. The asking rent is $10 psf. For details regarding the Bellevue property, contact Nancy Klauschie, Coldwell Banker Commercial World Group, 780 North 114th Street, Omaha, NE 68154; 402-697-8899, Fax 402-697-8585; Email: [email protected]; Web site: www.worldgroupllc.com. For details regarding the Omaha property, contact Nancy Klauschie or Trenton Magid; Email: [email protected]. For details regarding the Papillion property, contact Ryan Blumkin; Email: [email protected].

Omaha – Market Square, a power center situated on 36.85 acres at the intersection of 99th Street and Blair High Road, has space available. Wal*Mart Supercenter shadow-anchors the center. Area demographics include a population of 159,179 within 10 miles earning $60,927 as the average household income. For details, contact Dan Dutton, Seldin Co., 13057 West Center Road, Omaha, NE 68144; 402-934-6130, Fax 402-763-6970; Email: [email protected].

New Jersey

Hamilton Township – Whitehorse Plaza, a 56,600 sq.ft. strip center situated on 8.4 acres at the intersection of Whitehorse/Mercerville Road and Klockner Road, has a 1,500 sq.ft. space available. Area demographics include a population of 217,067 within five miles earning $75,946 as the average household income. The average daily traffic count is 36,500 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].

Ossining – Arcadian Shopping Center, a 149,248 sq.ft. strip center situated on 15.77 acres at the intersection of Route 9 and Rockledge Avenue, has a 14,188 sq.ft. space available. Stop & Shop, Mandee and Starbucks anchor the center. Cotenants include McDonald’s, GNC, Subway, WaMu, GameStop and Planet Wings. Area demographics include a population of 114,936 within five miles earning $83,906 as the median household income. For details, contact Christine Tomczyk, Urstadt Biddle Properties, Inc., 321 Railroad Avenue, Greenwich, CT 06830; 203-863-8212, Fax 203-861-6755; Email: [email protected]; Web site: www.ubproperties.com.

North Carolina

Fuquay-Varina – The Shoppes at Lakestone Commons, a 161,874 sq.ft. strip center located on Lakestone Commons, has spaces available of 22,327 sq.ft.; 22,400 sq.ft. and 30,187 sq.ft. along with a 21,344 sq.ft. outlot. Kohl’s anchors the center. Area demographics include a population of 47,470 within five miles earning $69,155 as the average household income. The asking rent ranges from $9 psf to $18 psf with CAM of $2 psf and taxes of $2 psf. For details, contact Tom Vaughn, Continental Properties Co., Inc., W134 N8675 Executive Parkway, Menomonee Falls, WI 53051; 262-502-5500, Fax 262-502-5522; Email: [email protected]; Web site: www.cproperties.com.

Knightdale – Knightdale Crossing, a 65,000 sq.ft. strip center located at the intersection of Highway 64/Knightdale Boulevard and Smithfield Road, has a 1,880 sq.ft. endcap space available along with two spaces of 1,400 sq.ft. Peak Fitness and Tuesday Morning anchor the center. Cotenants include Carpet Barn, CO Nails, Papa John’s and Andy’s Cheesesteaks. Area retail includes Walgreens, CVS and Food Lion. Area demographics include a population of 52,934 within five miles earning $66,726 as the average household income. The asking rent ranges from $15 psf to $18 psf with CAM of $2.15 psf and taxes of $1 psf. Raleigh – Falls Village, a 193,000 sq.ft. strip center located at the intersection of Falls of Neuse Road and Sandy Forks Road, has spaces available from 1,175 sq.ft. to 40,000 sq.ft. T.J. Maxx and Books-A-Million anchor the center. Cotenants include Panera Bread, Famous Hair, Wachovia Bank, BB&T and

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Quiznos. Area demographics include a population of 193,395 within five miles earning $99,531 as the average household income. The average daily traffic count is 37,000 vehicles. The asking rent ranges from $20 psf to $25 psf with CAM of $2.25 psf and taxes of $1.15 psf. For details, contact Bruce G. Lynch, Rosamund Property Consultants, PO Box 1989, 2 North Main Street, Wendell, NC 27591; 919-357-9238, Fax 919-573-9635; Email: [email protected]; Web site: www.rosamund.net.

Ohio

Delaware – Glennwood Commons, a 580,000 sq.ft. power center located at the intersection of Route 36 and Route 521, has spaces available from 1,500 sq.ft. to 20,000 sq.ft. along with 10 outlots from 1.2 acres to two acres. Meijer, Kohl’s and Home Depot anchor the center. Cotenants include OfficeMax, Maurices, Hibbett Sporting Goods and Famous Footwear. Area demographics include a population of 45,000 within five miles earning $65,423 as the average household income. For details, contact Ilan Konover, Zaremba Group, 14600 Detroit Avenue, Lakewood, OH 44107; 216-221-6600; Email: [email protected]; Web site: www.zarembagroup.com.

Mansfield – Town and Country Shopping Center, a strip center situated on 10 acres at the intersection of West 4th Street and Lexington Springmill Road, has spaces available of 2,400 sq.ft.; 4,800 sq.ft. and 32,000 sq.ft. Toys “R” Us anchors the center and cotenants include Catherines, Hobby Force, The Vitamin Shoppe and Logan’s Roadhouse. Area retail includes Target, Wal*Mart, Barnes & Noble, Best Buy, Bed Bath & Beyond, Dick’s Sporting Goods, Lowe’s Home Improvement, Home Depot, Menards, Sam’s Club and Richland Mall, featuring Macy’s, Sears and JCPenney. Area demographics include a population of 120,000 within 10 miles earning $54,000 as the average household income. The average daily traffic count is 28,000 vehicles. The asking rent ranges from $5 psf to $12 psf with CAM of $1.25 psf and taxes of $1.25 psf. For details, contact Doug Lloyd, M.E. Osborne, 7670 Tyler Boulevard, Mentor, OH 44060; 440-796-3409; Email: [email protected]; Web site: www.meosborne.com.

Bensalem – Home Depot Plaza, a 300,000 sq.ft. power center located at the intersection of Bristol Pike and Woodhaven Road, has a 7,500 sq.ft. space available. Home Depot, Acme, Babies “R” Us and AMC Theatres anchor the center. Area retail includes Franklin Mills Mall. For details, contact Nicole Johnson, Paramount Realty Services, 1195 Route 70, Lakewood, NJ 08701; 732-961-8123, Fax 732-886-1500; Email: [email protected]; Web site: www.prs-nj.com.

Harrisburg – Uptown Plaza, a 160,000 sq.ft. strip center situated on 13.87 acres at the intersection of Division Street and 7th Street, has spaces available of 1,800 sq.ft.; 2,400 sq.ft. and 10,500 sq.ft. along with a 3,500 sq.ft. outlot. Save-A-Lot and Rent-A-Center anchor the center. Cotenants include H&R Block, Family Dollar and McDonald’s. Area retail includes Susquehanna Marketplace and Union Square. Area demographics include a population of 166,513 within five miles earning $64,820 as the average household income. The average daily traffic count is 32,000 vehicles. The asking rent is $14 psf. Mechanicsburg – Silver Spring Square, a 481,861 sq.ft. power center located at the intersection of Carlisle Pike and Lambs Gap Road, has spaces available of 1,200 sq.ft.; 2,209 sq.ft. and 3,200 sq.ft. Wegmans, Target, Bed Bath & Beyond, Best Buy and Ross Dress for Less anchor the center. Cotenants include Lane Bryant, Ulta, OfficeMax, Sleepy’s, Kay Jewelers, Aspen Dental, Hollywood Tans, Galaxy Nails, Zpizza, Maggie Moo’s, AT&T Mobility, Hair Cuttery, Cuppy’s Coffee, Highmark, Chili’s, Petco, Panera Bread, Wachovia Bank, Chick-fil-A, PNC Bank, Longhorn Steakhouse and Advance Auto. Area retail includes Cumberland Marketplace, Silver Spring Commons, Gateway Center, Hampton Center and Hampden Commons. Area demographics include a population of 93,578 within five miles earning $82,292 as the average household income. The average daily traffic count is 35,000 vehicles. The asking rent is $28 psf with CAM of $5.29 psf. For details, contact Bradley Rohrbaugh, Coldwell Banker Commercial Bennett Williams, 110 North George Street, York, PA 17401; 717-843-5555, Fax 717-843-5550; Email: [email protected]; Web site: www.bennettwilliams.com.

Tennessee

Bartlett – Bartlett Station Plaza, an

82,918 sq.ft. strip center located at the intersection of Stage Road and Shelby Street, has spaces available from 900 sq.ft. to 18,550 sq.ft. Dollar General anchors the center and cotenants include Dairy Queen, Cinemagic Video and American Door. Area retail includes Kroger, Petco, O’Charley’s, Applebee’s, Walgreens, Tuesday Morning and Cato. Area demographics include a population of 100,000 within five miles. The average daily traffic count is 35,000 vehicles. The asking rent ranges from $7 psf to $10 psf with CAM and taxes of $1.75 psf. For details, contact Ronald Underberg or Ronnie Cook, American Properties Co., LP, 2850 Austin Peay Highway, Suite 140, Memphis, TN 38128; 901-794-7201 or 800-264-9998, Fax 901-794-0235; Email: [email protected].

Madison – Madison Square, a 331,615 sq.ft. power center situated on 31.92 acres at the intersection of Gallatin Road and Emmitt Avenue, has spaces available from 30,000 sq.ft. to 60,000 sq.ft. Aldi, Dollar General and Dollar Tree anchor the center. Cotenants include Rent-A-Center, H&R Block and CitiFinancial. Area retail includes Wal*Mart, Kroger, Home Depot, Kmart and Due West Shopping Center. Area demographics include a population of 109,951 within five miles earning $48,613 as the average household income. The average daily traffic count is 38,000 vehicles. The asking rent is $6 psf with CAM of $0.83 psf and taxes of $0.42 psf. For details, contact William Shell or Joey Valenti, Grubb & Ellis|Centennial, Inc., 3310 West End Avenue, Suite 420, Nashville, TN 37203; 615-320-7500, Fax 615-320-1458; Email: [email protected]; Web site: www.centenn.com.

Texas

Houston – Easton Commons Plaza, a 198,848 sq.ft. strip center located at the intersection of Highway 6 North and West Road, has spaces available from 1,100 sq.ft. to 9,600 sq.ft. along with a 20,000 sq.ft. outlot. Kroger Signature Store and Studio Movie Grill anchor the center. Cotenants include Blockbuster Video, Courtyard Salons, The Little Gym, Marble Slab Creamery and Pizza Hut. Area demographics include a population of 254,091 within five miles earning $81,613 as the average household

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income. The average daily traffic count is 61,000 vehicles. For details, contact Michael J. Cubeta Jr., The Hutensky Group, 100 Constitution Plaza, 7th Floor, Hartford, CT 06103; 860-297-4543, Fax 860-706-0076; Email: [email protected]; Web site: www.hutenskygroup.com.

McKinney – Eldorado Square, a mixed-use center situated on 8.8 acres at the intersection of Eldorado Parkway and Medical Center Drive, has a 6,606 sq.ft. space available along with a 44,000 sq.ft. outlot. Cotenants include Huntington Learning Center, I Love Popcorn and Petra. Area demographics include a population of 116,508 within five miles earning $97,914 as the average household income. The average daily traffic count is 49,000 vehicles. The asking rent ranges from $20 psf to $23 psf with NNN fees of $6.88 psf. For details, contact Kimberly Lay, Conrow Co., 17300 Dallas Parkway, Suite 1035, Dallas, TX 75248; 972-931-2112, Fax 972-931-

2118; Email: [email protected]; Web site: www.conrowcompany.com.

Utah

Layton – Main Street Plaza, an 88,408 sq.ft. strip center located at the intersection of Main Street and Angel Street, has outlots available of 49,658 sq.ft.; 65,340 sq.ft.; 108,900 sq.ft. and 119,354 sq.ft. Kohl’s anchors the center and cotenants include Trophy Homes and Les Schwab. Area demographics include a population of 151,799 within five miles earning $66,355 as the average household income. For details, contact Mike Kumelski, Continental Properties Co., Inc., W134 N8675 Executive Parkway, Menomonee Falls, WI 53051; 262-502-5500, Fax 262-502-5522; Email: [email protected]; Web site: www.cproperties.com.

Wisconsin

Plover – Weston Lifestyle Center, a strip center located at the intersection of Camp Phillips Road and Schofield Avenue, has

spaces available of 1,553 sq.ft.; 1,672 sq.ft. and 14,000 sq.ft. Cotenants include Marco’s Pizza, Snap Fitness, Shanghai Grill, Dinner Helpers, Fantastic Sams and The Cutting Edge. The average daily traffic count is 26,000 vehicles. The asking rent is $15 psf. Also, Village Park at Plover, a mixed-use center, has a 10,000 sq.ft. space available. The asking rent is $15 psf. Wausau – Rib Mountain Retail Center, a strip center, has a divisible 2,128 sq.ft. space available. Cotenants include The Good Feet Store and Pro-Cuts. Area retail includes Wal*Mart and Sam’s Club. The asking rent is $16 psf. Also, IHOP Retail Center, a strip center, has a 1,250 sq.ft. space available. IHOP and El Tequila Salsa Restaurant and Bar anchor the center. The asking rent is $25 psf. Also, Financial Way, a mixed-use center located on 17th Avenue, has a 28,000 sq.ft. space available. The asking rent is $18.95 psf. For details, contact Victor Anderson, Lokre Development Co., 119 Scott Street, Wausau, WI 54403; 715-849-3125, Fax 715-849-3126; Email: [email protected]; Web site: www.lokre.com.

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Page 19: Dealmakers Magazine | June 19, 2009

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Page 20: Dealmakers Magazine | June 19, 2009

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