retail investment advisors€¦ · property location sf anchors type doral commons - closed 1/18...

RETAIL INVESTMENT ADVISORS Active Listings

Q1 2018

Active Listings

Q1 2018

RETAIL INVESTMENT

ADVISORS

| 2

Property Location SF Anchors Type

Doral Commons - Closed 1/18 Miami, FL 138,091 Publix, TJ Maxx Grocery-Anchored

McAlpin Square - Closed 12/17 Savannah, GA 173,952 Kroger, Big Lots, Goodwill, USPS Grocery-Anchored

Ocala West Ocala, FL 114,877 Hobby Lobby, Sky Zone Trampoline Park Power/Lifestyle

Old Cutler Towne Center - Closed 12/17 Miami, FL 106,427 Publix Grocery-Anchored

Page Field Commons - Closed 12/17 Fort Myers, FL 319,359 Dick’s, Toys R Us, Best Buy, FIve Below Power/Lifestyle

Springs Plaza Bonita Springs, FL 195,654 Winn-Dixie, LA Fitness, Bealls Outlet Grocery-Anchored

Valley Bend Huntsville, AL 425,432 Hobby Lobby Power/Lifestyle

Village Plaza - Closed 12/17 Lakeland, FL 158,956 Hobby Lobby, Big Lots, Party City Power/Lifestyle

Village of Oriole Plaza - Closed 12/17 Delray Beach, FL 155,770 Publix, Pet Supermarket Grocery-Anchored

Westbury Square Huntsville, AL 117,689 TJ Maxx, Stein Mart, Michaels Power/Lifestyle

Winchester Plaza Huntsville, AL 75,780 Publix Grocery-Anchored


Beachway Plaza Dania Beach, FL 60,376 Publix Grocery-Anchored

Brooksville Square Brooksville, FL 96,361 Habitat for Humanity, Dollar Tree Power/Lifestyle

Capital West Tallahassee, FL 87,776 Ross, Bealls, Dollar Tree Power/Lifestyle

Fountains of Miramar Miramar, FL 158,956 Ross Dress for Less, Marshalls, HomeGoods Power/Lifestyle

Orlando Fashion Square Orlando, FL 838,865 Dillard’s, JC Penney, Macy’s, Premiere Cinemas Regional Mall

The Shoppes at Western Woods North Lauderdale, FL 48,087 Publix Grocery-Anchored

Southland Mall Miami, FL 983,846 JC Penney, Regal Cinemas, TJ Maxx, LA Fitness Regional Mall

Cushman & Wakefield’s Retail Investment Advisors is pleased to offer for sale Fountains of Miramar, a 139,329 sf

high-quality community shopping center located in Miramar, FL. Completed in 2005, the center is 93% leased and

anchored by a best-in-class line-up led by Ross Dress for Less, Marshalls, a brand new HomeGoods, Pet Supermarket

and shadow-anchored by a high-volume Home Depot. This offering represents the unique opportunity to acquire a

dominant, institutional-quality community shopping center featuring an ideal discount anchor line-up and enjoying

an irreplaceable location at an I-75 interchange within one of West Broward’s strongest trade areas.

INVESTMENT HIGHLIGHTS:

� Prime Location - High Traffic Intersection: 91,500 VPD

� Highly desirable West Broward Trade Area – Miramar / Pembroke Pines

� Heavily trafficked center - Ross and Marshalls are top performers for their chains

� Credit tenants represent 74% of revenue

� Strong leasing momentum - Brand new HomeGoods replaces Office Depot, enhancing tenant-mix

FOUNTAINS OF MIRAMAR | Miramar, FL

On the Market

Under Contract

Featured Listing

http://www.cwretailinvestmentadvisors.com/status/active/

Active Listings

Q1 2018

RETAIL INVESTMENT

ADVISORS

| 3


Lexington Square Lexington, SC 76,200 Lowe's Food Grocery-Anchored

West Market Street Station Akron, OH 54,013 Whole Foods Market 365 Grocery-Anchored

Tiger Point Gulf Breeze, FL 147,485 Winn-Dixie, Bealls Grocery-Anchored

Palisades Birmingham, AL 245,936 Badcock Furniture, Riviera Fitness, Virginia College Grocery-Anchored


Siena at St. Clair Pittsburgh, PA 39,510 Whole Foods Market Grocery-Anchored

Westbury Square Huntsville, AL 117,689 TJ Maxx, Michaels, Stein Mart Power/Lifestyle

On the Market

Under Contract

Featured Listing

Cushman & Wakefield Retail Investment Advisors is pleased to offer for sale Lexington Square, a newly constructed

shopping center anchored by Lowes Foods in Lexington, South Carolina. Completed in 2017, the center totals

85,512 sf and is currently 92% leased to a high-quality line-up with national/ regional tenants representing 82% of

the total GLA. This offering represents the unique opportunity to acquire a newly constructed grocery-anchored

shopping center in an affluent suburb of Columbia, the state capital.

LEXINGTON SQUARE | Lexington, SC


� Highly Desirable and Affluent Trade Area - Lexington

� Prime Location - Primary East/West Arterial Road: 36,700 VPD

� National/ Regional Tenants Represent 82% of Revenue

� E-Commerce Resistant and Best-In-Class Tenants

� Weighted Average Remaining Lease Term of 15.9 Years


Active Listings

Q1 2018

RETAIL INVESTMENT

ADVISORS

| 4


Berkeley Place Bluffton, SC 129,927 Cinemark Mixed-Use Retail/Office

Hopkinsville Towne Center Hopkinsville, KY 184,761 Hobby Lobby, TJ MAXX, PetSmart Community Center

Indiana Grocery Portfolio (6) Multiple - IN 830,000 Kroger, Dollar Tree, Ace Hardware Grocery-Anchored

Shoppes on Six Elkhart, IN 95,669 Ross, PetSmart, Shoe Carnival, Five Below Community Center

Sturgis Plaza & Owosso East Multiple - MI 215,691 Kroger, Goodwill, Family Dollar, Tractor Supply Grocery-Anchored


10 East Delaware Place Chicago, IL 2,219 Joe & The Juice Urban

900 West Armitage Chicago, IL 8,325 Foxtrot, Jeni’s Ice Creams Urban

36 South State Street Chicago, IL 18,799 BLICK Art Materials Urban

Joffco Square Chicago, IL 95,204 Best Buy, Bed Bath & Beyond, JOANN Urban

Evergreen Promenade Evergreen, IL 92,423 Mariano’s, PetSmart Grocery-Anchored

Woodland Commons Buffalo Grove, IL 177,273 Mariano’s, Marshalls, Grocery-Anchored

Elmhurst City Centre Elmhurst, IL 39,090 Walgreens, Buffalo Wild Wings Transit-Oriented

Cobbler Crossings Elgin, IL 102,643 Jewel-Osco Grocery-Anchored

Townes Crossings Oswego, IL 105,731 Jewel-Osco Grocery-Anchored

Fairlawn Plaza Fairlawn, IN 50,567 Dollar General, Goodwill, CitiTrends Neighborhood Center

Madison Center Madison, IN 65,195 Big Lots Neighborhood Center

Under Contract

Featured Listing

Cushman & Wakefield Retail Investment Advisors presents Evergreen Promenade, a dominant grocery anchored

shopping center located in the dense Chicago submarket of Evergreen Park. Recently constructed in 2014, Evergreen

Promenade is a fully occupied 92,423 square foot urban shopping center that consists of two separate buildings:

a free-standing Mariano’s grocery store and a 3-tenant retail center anchored by PetSmart. The combined size of

Mariano’s and PetSmart account for 96% of the center’s gross leasable area and 95% of the total base-rent. All four

tenants at Evergreen Promenade incur rental increases throughout their initial lease term and options.


� Dominant grocery anchored center in one of Chicago’s densest submarkets

� Free-standing Mariano’s (Kroger) on a new 20-year lease

� Three-tenant PetSmart anchored center, all tenants with increases during initial lease terms

� Mariano’s and PetSmart account for 96% of GLA and 95% of base-rent

� New Construction with easy access and lighted intersection

� 78,000 Cars per Day at the 95th Street/Western intersection

� High barriers to entry: 225,000 Residents in 3 miles, and 626,000 in 5 miles

EVERGREEN PROMENADE | Evergreen Park, IL

On the Market






Active Listings

Q1 2018

RETAIL INVESTMENT

ADVISORS

| 5


Superstition Gateway Mesa, AZ 495,506 Walmart, Kohl's, LA Fitness, AMC Theatres Power

SanTan Village Marketplace Gilbert, AZ 285,581 Walmart, Sam's Club, Jo-Ann Fabrics, Big Lots Power

Crossroads Towne Center Surprise, AZ 156,410 99 Cent Only, Harbor Freight, Big 5 Sporting Goods Neighborhood

Towne Center Phoenix, AZ 140,644 Ross, PetSmart, dd's Discounts, Big 5 Sporting Goods Community

Camelback Village Phoenix, AZ 132,730 Fry's Food & Drug, Office Max Neighborhood

Highlands Village Mesa, AZ 87,008 Bashas', Chase Bank Neighborhood

The Shops at Prescott Gateway Prescott, AZ 34,674 Trader Joe's Neighborhood

Glendale Northwest Glendale, AZ 16,706 Walmart, Sam's Club, LA Fitness Strip Retail


Paradise Marketplace Las Vegas, NV 77,997 Smith's, Dollar Tree Neighborhood

Tropicana Marketplace Las Vegas, NV 69,430 Smith's, Family Dollar Neighborhood

The Plant Chandler 56,831 Sprouts Farmers Market Neighborhood

On the Market

Under Contract

Featured Listing

Cushman & Wakefield is pleased to offer Superstition Gateway (“The Property”), an institutional-quality destination

shopping center located at the US 60 & Signal Butte Road in Mesa, Arizona. In the shadow of a top-performing

Walmart, the Property consists of 495,506 square feet of retail space that is 95.6% leased, with national tenants

making up 96% of the occupied GLA. Major tenants include Kohl’s (Ground Lease), LA Fitness and AMC Theatres.

Notable junior anchors include Ross Dress for Less, Bed, Bath & Beyond, Michael’s, Petsmart and Old Navy. The total

GLA of the center, including pads and outparcels, is 495,506 square feet, making the asset one of Mesa’s dominant

retail destinations.

SUPERSTITION GATEWAY | Mesa, AZ


� Prime Location

� Exceptional Demographics

� Seasoned Tenant Roster

� Solid Income Stream

� Offering Includes Shops and Outparcels

� Located at Mesa’s Dominant Regional Retail Destination

Active Listings

Q1 2018

RETAIL INVESTMENT

ADVISORS

| 6


Chico Crossroads Chico, CA 267,390 FoodMaxx, Bed Bath & Beyond, Michaels, Petco, Barnes & Noble Grocery-Anchored

NorthPointe Shopping Center Modesto, CA 179,887 Save Mart, Costco (shadow), Lowe’s (shadow) Grocery-Anchored

Woodland Crossroads Woodland, CA 116,288 Grocery Outlet, Harbor Freight, Tractor Supply, Ross, Party City Grocery-Anchored

Scotts Valley Village Scotts Valley, CA 129,376 Safeway, CVS Pharmacy Grocery-Anchored

Scotts Valley Square Scotts Valley, CA 87,302 KMart, Dollar Tree Community

Grocery Outlet Weed, CA 19,995 Grocery Outlet Single-Tenant NNN

Paradise Plaza Paradise, CA 198,323 Save Mart, Paradise Fitness, Kmart, Dollar Tree Grocery-Anchored


Pacheco Plaza Novato, CA 66,619 Nugget Market Grocery-Anchored

TJ Maxx & Staples Santa Rosa, CA 49,990 Shadow-Anchored by Orchard Supply (2) Single-Tenant NNN

Arden Watt Marketplace Sacramento, CA 137,714 Safeway, CVS Pharmacy, Dollar Tree Grocery-Anchored

559 Clay Street San Francisco, CA 17,520 --- Boutique Office Building

On the Market

Under Contract

Featured Listing

Arden Watt Marketplace is a 100% leased, 137,714 square foot, grocery/drug/fitness-anchored community shopping

center located in Sacramento, CA.

Built in 1999, the Property is anchored by a high-volume Safeway and CVS store, and features a California Family

Fitness, Dollar Tree and McDonald’s. Both CVS and McDonald’s own their improvements and pay ground rent, further

enhancing the quality of the Property’s income stream.

Safeway has recently signed a lease amendment under which it will lease a pad site at the Property and build a new

fueling station.

ARDEN WATT MARKETPLACE | Sacramento, CA


� Anchored by Safeway and CVS

� 100% leased

� Impressive tenant sales

� Stable and growing income stream

� Compelling newCommerce tenant mix

� Excellent visibility and access

� Located on a key, high-traffic Sacramento intersection

Active Listings

Q1 2018

RETAIL INVESTMENT

ADVISORS

| 7

� �


Blue Rubbon Shopping Center East Northport, NY 25,457 SF Firestone, State Farm, M K Cleaners Strip Center

Del’s Shopping Center Boonton, NJ 51,794 SF Kings Food Markets Grocery-Anchored

Dover Park Plaza Yardville, NJ 56,751 SF CVS, Dollar Tree Neighborhood Center

Hanover Crossroads Hanover, NJ 80,384 SF T.J. Maxx/Home Goods, Old Navy, Five Below Power Center

Mendham Village Shopping Center Mendham, NJ 79,940 SF Kings Food Markets Grocery-Anchored

On the Market


Eastern Hills Mall Clarence, NY 796,598 SF The Bon-Ton, JC Penney, Sears Regional Mall

Under Contract


Lodi Commons Lodi, NJ 85,053 SF Aldi, Blink Fitness, Dollar Tree, USPS Grocery-Anchored

Kearny Square Kearny, NJ 139,026 SF B.J.’s Community Center

Coming Soon

Featured Listing

Located in the densely populated Northern New Jersey Borough of Lodi, Lodi Commons is a 95% leased, 85,053 sf

necessity driven neighborhood center offering an ideal mix of a grocer, gym and service tenants.

The Center benefits from its infill Bergen County location providing a dense customer base of over 284,000 people

within a 3-mile radius. Lodi Commons offers direct access to the neighboring rooftops via multiple local roadways

that converge at the Center. Historically institutionally owned and managed, the asset and rent roll have been

positioned to attract and offer the right mix of anchors including ALDI, Blink Fitness, Dollar Tree and the U.S Post

Office.

LODI COMMONS | Lodi, NJ


� E-Commerce resistant tenant mix: grocer, gym, services

� Moments from Route 46 (46,000 vpd) and 1,000’ frontage along Memorial Drive (21,000 vpd)

� Stable in-place cash flow with a diverse tenant mix, upside potential, and no concentrated roll

� Upside from dividing a large end-cap and finishing lease-up

©2018 Cushman & Wakefield. The information contained in this communication is confidential, may be privileged and is intended for the exclusive use of the above named addressee(s). If you are not the intended recipient(s), you are expressly prohibited from copying, distributing, disseminating, or in any other way using any information contained within this communication. If you have received this communication in error please contact the sender by telephone or by response via e-mail. We have taken precautions to minimize the risk of transmitting software viruses, but we advise you to carry out your own virus checks on any attachment to this message. We expressly disclaim liability for any loss or damage caused by software viruses. FURTHERMORE, NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE TO THE ACCURACY OR COMPLETENESS OF THE INFORMATION CONTAINED HEREIN, AND SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, WITHDRAWAL WITHOUT NOTICE, AND TO ANY SPECIAL LISTING CONDITIONS IMPOSED BY THE PROPERTY OWNER(S). AS APPLICABLE, WE MAKE NO REPRESENTATION AS TO THE CONDITION OF THE PROPERTY (OR PROPERTIES) IN QUESTION.

SAN FRANCISCOATLANTA

For more information, please contact:

MIAMI EAST RUTHERFORD

MARK GILBERTExecutive Managing Director(305) 533-2866 [email protected]

ANDREW MERINVice Chairman(201) 460-3358 [email protected]

BRIAN WHITMERExecutive Director(201) 508-5209 [email protected]

ADAM FEINSTEINExecutive Director(305) 533-2863 [email protected]

DAVID BERNHAUTVice Chairman(201) 460-3356 [email protected]

SETH POLLACKDirector(201) 508-5322 [email protected]

MITCHELL HALPERNDirector(305) 533-2855 [email protected]

H. GARY GABRIELExecutive Managing Director(201) 460-3352 [email protected]

TYLER ANDERSONAssociate(404) 853-5374 [email protected]

LANE BREEDLOVEAssociate(404) 682-3421 [email protected]

DONALD LEBUHNExecutive Managing Director(415) 773-3510 [email protected]

FAIN HICKSSenior Director(404) 682-3387 [email protected]

CHICAGO

MICHAEL MARKSSenior Director(312) 470-2317 [email protected]

EVAN HALKIASSenior Director(312) 470 -2318 [email protected]

PHOENIX

MICHAEL HACKETTExecutive Managing Director(602) 224-4449 [email protected]

RYAN SCHUBERTExecutive Managing Director(602) 224-4472 [email protected]

DANIEL WALDExecutive Managing Director(415) 677-0461 [email protected]

retail investment advisors€¦ · property location sf anchors type doral commons - closed 1/18...

Documents