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The
Dealmakers Issue Number 28 for the weeks of August 11, 1995. Home
Decor Retailers Looking for Sites Hirshfield's,
Inc. trades as Hirshfield's at 15 locations in MN. The
stores, selling paints, wallcoverings, sundries and fabrics, occupy spaces of 3,500 sq.ft.
to 7,500 sq.ft. in strip centers. Plans call
for two openings in the coming 18 months. Expansion
will take place in the existing markets. For more information, contact Frank Hirshfield,
Hirshfield's, Inc., 824 Hennepin Avenue, Minneapolis, MN 55403; 612-377-3910, Fax
377-2734. Homeplace
operates eight locations in TX, AZ, NV, MN, CT, OH, NY and OK. The stores, selling a full array of home decor
items from kitchen items and small appliances to bed and bath accessories, occupy spaces
of 50,000 sq.ft. in power centers. Plans call
for 30 openings in the coming 18 months. Expansion
will take place nationwide. Leases running 15
years are typical. For more information, contact Mark Schroder,
Homeplace, 31999 Aurora Road Box 391380, Solon, OH 44139; 216-498-0555, Fax 498-9430. Welcome
Home, Inc. trades as Welcome Home at 190 locations nationwide. The stores occupy spaces of 2,500 sq.ft. in outlet
centers. Growth opportunities are sought
nationwide. Leases running three to five
years are typical. For more information, contact Billie Hall, Welcome
Home, Inc., 309-D Raleigh Street, Wilmington, NC 28412; 910-791-4312, Fax 791-4945. Marburn
Stores, Inc. does business as Marburn Curtain Warehouse at 18 locations in NJ, PA and NY. The stores, selling window treatments and home
furnishings, occupy spaces of 7,500 sq.ft. to 10,000 sq.ft. in freestanding facilities,
outlet and strip centers. Plans call for
three openings in the coming 18 months. Expansion
will take place in Long Island, NY. Leases
running 15 years with options are typical. For more information, contact Bernard Hinden,
Marburn Stores, Inc., 225 Walker Street, Cliffside Park, NJ 07010; 201-943-0222, Fax
943-0206. Pfaltzgraff
Factory Outlet Stores operates 52 locations nationwide as well as in Puerto Rico and St.
Thomas. The stores, selling Pfaltzgraff
dinnerware and accessories, occupy spaces of 6,000 sq.ft. in outlet, specialty and strip
centers. Growth opportunities are sought in
MA. Leases running five years are typical. For more information, contact Jack Kay,
Pfaltzgraff Factory Outlet Stores, 140 E. Market Street, York, PA 17401; 717-848-5500, Fax
771-1430. 3 Day
Blinds, Inc. trades as 3 Day Blinds at 174 locations in CA, WA, OR, ID, UT, NV, AZ, NM,
CO, NE and KS. The stores occupy spaces of
1,000 sq.ft. to 1,500 sq.ft. in freestanding facilities, power, specialty and strip
centers. Preferred anchors include T.J. Maxx,
Kmart, Wal*Mart and supermarkets. Plans call
for up to 40 openings in the coming 18 months. Expansion
will take place in MO, IA and the Chicago, IL market.
Preferred demographics include a population of 100,000 within five miles earning
$35,000 as the average income. Leases running
five years are typical. For more information, contact Brent Ryhlick, 3 Day
Blinds, Inc., 2220 E. Cerritos Avenue, Anaheim, CA 92806; 714-634-4600, Ext. 329, Fax
456-0367. Buyers
& Sellers of Commercial Properties Grubb
& Ellis brokered the sale of Raley's Center in North Highlands, CA. The 130,000 sq.ft. project was purchased by Silver
Rim Holdings from Northern California Development, a division of Diversified Shopping
Centers. The purchase price was $13.9
million. For details, contact Dixie Walker at
(714-833-2900). Midland
Group has the listing to sell a 167,000 sq.ft. Home Quarters in Livonia, MI. The site is located at the southwest corner of
I-275 and 8-Mile Road. The tenant has a 20
year lease commencing April 1, 1996. The
asking price is $11.85 million. For details, contact John H. Ovington at
(314-576-1900), Fax (576-7005). Divaris
Real Estate, Inc. sold the 50,270 sq.ft. Shady Banks Shopping Center in York County, VA to
Harbor Group Real Estate for $2.9 million. The
93% occupied project is anchored by Food Lion and Rite Aid. For details, contact Michael Divaris, Kevin DiBona
or Rick Nowitzky at (804-497-2113). Professional
Consulting Services has the listing to sell a 150 ft. by 180 ft. outlot at Caryage Square
in Lima, OH. The site has all utilities on
site and is located at a new strip center having a high traffic count and ample parking. The property is also available for land lease. The asking price is $150,000 net to owner. For details, contact Ted Yewey at (419-229-2279),
Fax (222-9799). Carolyn
L. Davidson, Inc. has the listing to sell a restaurant/office building in Tacoma, WA. The site may be purchased separately or together. The asking price is $1.8 million. For details, contact Carolyn L. Davidson at
(206-927-5468), Fax (927-5468). Allen
& Associates has the listing to 3.89 acres of land located at the southwest corner of
Midland Drive and Loop 250 in Odessa, TX. The
site is in front of a Target store currently under construction. A Wal*Mart Super Center is located at the
northwest corner of the intersection and Circuit City and PetsMart are located at the
northeast corner of the intersection. The
asking price is $7 psf. For details, contact Roy Allen at (915-550-3900),
Fax (550-3129). Financial
News... Uni-Marts,
Inc. (814-234-6000) recently reported that net earnings for the first six months of its
fiscal year increased 13% to $1.9 million from $1.68 million last year. Revenues fell to $153.1 million from $160.9
million last year. The decline was attributed
to the company's sale of its dairy operations and the closing of several stores. Timber
Lodge Steakhouse, Inc. (612-929-9353) recently sold its only Q. Cumbers Restaurant in
Edina, MN. Mothers
Work, Inc. (215-625-9259) recently reported its net sales for the third fiscal quarter
increased to $29.5 million, up 84.4% from $16 million for the same period last year. The company also reported a two percent increase
in comparable store sales for the quarter. Eddie
Bauer (708-769-2596) recently entered into a joint venture with Otto Versand Group to
operate a mail order business and open stores in Europe. Hills
Stores Company (617-821-1000) recently announced that the Dickstein Partners, Inc. slate
of officers was elected to the Board of Directors of the company. After the election, Mark Dickstein, president of
Dickstein Partners, placed Hills up for sale. The
company currently operates 156 stores in 11 Midwestern and Mid-Atlantic states. Uno
Restaurant Corporation (617-323-9200) announced that net income for its third fiscal
quarter increased 24% to $1.852 million, compared to $1.49 million for the same period
last year. The company also reported that its
third quarter revenues increased 29% to $41.5 million from $32.3 million. Additionally, the company reported that comparable
store sales increased 1.4%. The company
currently operates 75 Pizzeria Uno restaurants and franchises another 59 units. The company also operates three Bay Street
seafood restaurants and one Mexican restaurant. DIY
Home Warehouse, Inc. (216-328-5100) announced that earnings for its second quarter
increased 28% to $2.135 million from $1.664 million for the same period last year. Net sales for the quarter increased 38% to $58.411
million from $42.308 million last year, but comparable store sales fell three percent. During the quarter, the company opened three
stores and currently operates 15 locations in OH. A
16th store is expected to open during the fourth quarter. Borders,
Group Inc. (313-995-9702) plans to acquire all of Kmart's 5.39 million shares of common
stock for $13.50 per share. Aileen,
Inc. (212-398-9770), which has been operating under Chapter 11, plans to sell 46 of its 66
stores, their leases, store assets and Aileen name to Names for Dames, Inc. The sale requires the bankruptcy court's approval. Names for Dames, which currently operates 67
Adolfo II stores, plans to operate the Aileen stores under their present name. The remaining 20 Aileen stores will be closed by
Aileen, Inc. Weis
Markets (717-286-4571) announced that its second quarter sales increased 10.6% to $407.578
million compared to $368.467 million during the same period last year. The company also reported that its second quarter
net earnings increased 3.2% to $18.379 million, up from $17.808 million last year. The company currently operates 150 supermarkets in
PA, MD, NJ, NY, VA and WV. Office
Depot (407-265-4258) announced that its second quarter sales increased 30% to $1.2
billion, up from $924.676 million during the same period last year. Net earnings for the second quarter increased 32%
to $27.418 million, up from $20.809 million last year and the company's operating profit
jumped 35% to $52.165 million from $38.745 million. Comparable
store sales for the quarter increased 18%. During
the second quarter, the company opened 17 stores and closed one, ending the quarter with
448 stores throughout North America. The
company also opened its first Images store and is planning to open several more in
Southern FL; the company plans to open a furniture store in TX and is preparing to offer a
new service called Uptime Services, which offers technology support services to its
customers. The
Kroger Co. (513-762-4000) announced that its second quarter total sales increased 4.8% to
$5.65 billion and that its supermarket sales increased 5.2%. The company also announced that its net earnings,
after the extraordinary charge from the early retirement of debt, were $77 million, up
from $67.3 million last year. Who's
Opening and Where... Red
Hot & Blue Restaurants (703-276-8833) plans to open a restaurant at The Jacksonville
Landing in Jacksonville, FL by the end of the year. Target
(612-370-6073) recently opened a 120,000 sq.ft. store at South Beach Parkway Shopping
Center in Jacksonville, FL. Timber
Lodge Steakhouse, Inc. (612-929-9353) plans to open restaurants in Spring Lake Park and
Woodbury, MN this year. The company currently
operates eight restaurants in MN, NY and SD. Famous
Footwear (608-284-6461) recently opened an outlet store at The Outlets at Dole Cannery in
Honolulu, HI. Fink's
(703-342-2991) plans to open a jewelry store in Raleigh, NC this month. The company currently operates 10 units in VA and
NC. Aid
Auto Stores (516-338-7889) recently opened its first superstore in Long Island City, NY. TCBY
Enterprises (501-688-8229) plans to enter its 30th international market by opening 25 TCBY
stores in India over the next five years. CompUSA
(214-383-4000) recently opened computer superstores in Hurst, TX and Kendall, FL. Frames
Unlimited (616-452-8737) plans to open a store in Promenade Shopping Center in Westlake,
OH this month. The company currently operates
33 locations in OH, MI and IN. Caldor
(203-846-1641) recently opened stores in Fairfax, VA, West Brockton, MA and Brooklyn, NY. Nordstrom
(206-628-2111) plans to open a 200,000 sq.ft. store at Oak Park Mall in Overland, KS by
fall 1998. PetsMart
(602-944-7070) recently opened stores in Greenbelt and Kensington, MD as well as
Chantilly, Norfolk, Richmond (two stores), Manassas and Woodbridge, VA. Pet
Food Warehouse (612-542-0123) recently opened a store in Kenosha, WI. House
of Bargains (610-834-1600) recently opened a 5,300 sq.ft. store at Bristol Commerce Park
in Bristol, PA. Imperial
Hardware Co. (619-353-1120) plans to open a store in CA this summer. Saks
Fifth Avenue (212-940-5193) plans to open a 25,000 sq.ft. Off 5th outlet store at 100 Oaks
in Nashville, TN. Pathmark
Stores, Inc. (908-499-3357) plans to open a 65,000 sq.ft. supermarket at Ceadarbrook Plaza
in Wyncote, PA this month. Pelican
Companies (803-347-4235) recently opened a Pelican Building Center in Pawleys Island, SC. The
Pep Boys (215-229-9000) recently opened a 22,000 sq.ft. supercenter in Fajardo, Puerto
Rico. Office
Depot (407-265-4258) plans to open several Images stores, which offer graphic design,
copying and printing services, in Southern Florida before the end of the year. Additionally, the company is planning to open its
first freestanding furniture store in Texas before the end of the year. Galyan's
Trading Co., a sporting goods retailer which was recently purchased by The Limited
(614-479-7000) plans to open up to 50 stores over the next five years. Lease
Signings Gold
& Company, Inc./New America Network (412-471-4455) leased 3,000 sq.ft. to Once Upon A
Child at Southland Shopping Center in Pleasant Hills, PA. Paster
Enterprises (612-646-7901) leased 1,000 sq.ft. to Fashion Nails at Moundsview Square in
Mounds View, MN and leased space to Only Deals at Central Plaza in Minneapolis, MN. Paul
Lawrence Associates (908-757-4900) leased 15,895 sq.ft. to Old Navy Clothing and 9,560
sq.ft. to Bikes USA at Crossroads Plaza in Fairfax, VA; 63,000 sq.ft. to Pathmark
Supermarkets at Capitol Plaza in Ewing Township, NJ; and 64,000 sq.ft. to Acme
Supermarkets at Fairgrounds Plaza in Mount Holly, NJ. MJB
Real Estate Services Corp. (203-222-6200) leased 2,400 sq.ft. to Linx Cellular Service in
Greenwich, CT. HRE
Properties (203-863-8200) leased 65,000 sq.ft. to Waldbaum's, Inc., a subsidiary of The
Great Atlantic and Pacific Tea Company, for a Foodmart Supermarket at Five Town Plaza
Shopping Center in Springfield, MA. Hicks
& Rotner Associates, Inc. (301-823-4250) leased 2,835 sq.ft. to Radio Shack at
Pikesville Towne Center in Pikesville, MD and 4,983 sq.ft. to Sherwin-Williams at North
Plaza Mall in Baltimore, MD. Divaris
Real Estate, Inc. (804-497-2113) leased 4,600 sq.ft. to Becky's Hallmark at York River
Crossing Shopping Center in Hayes, VA; 1,200 sq.ft. to Artmor, Inc. for a dry cleaning
store at Victory Center in Kiln Creek in Newport News, VA; 3,200 sq.ft. to York River Wood
Products at Kingsgate Greene Shopping Center in Williamsburg, VA; 3,600 sq.ft. to Bethel
Video at Shady Banks Shopping Center in Yorktown, VA; and 1,533 sq.ft. to King Hua
Restaurant at Pembroke Meadows Shopping Center in Virginia Beach, VA. Brown
Ranch Marketplace (408-475-0500) leased 800 sq.ft. to Great Clips at Brown Ranch
Marketplace in Capitola, CA. AmCap
Properties, Inc. (303-321-1500) leased 3,079 sq.ft. to Tae Kwon Do at Cottonwood Plaza in
Parker, CO; 1,514 sq.ft. to One Hour Moto Photo at Market Square in Lakewood, CO; and 840
sq.ft. to Dan's Sportscards and Memorabilia at Market Square in Aurora, CO. Food
Tenants Hungry for Sites Nationwide Louise's
Trattoria operates 18 locations in CA, PA, MD and WI.
The restaurants occupy spaces of 3,500 sq.ft. to 5,000 sq.ft. in freestanding
facilities with room for patio seating. Growth
opportunities are sought in TX. Preferred
demographics include a population of 50,000 within three miles earning $60,000 as the
average income. Leases running 10 years with
options are typical. For more information, contact Jim Dionne, Louise's
Trattoria, c/o CB Commercial Real Estate Group, 15301 Ventura Boulevard/ Suite 120,
Sherman Oaks, CA 91403; 818-907-4600, Fax 907-4688. Creative
Foods Corp. trades as Burger King at 14 locations in Long Island and Queens, NY. The fast food restaurants occupy spaces of 3,000
sq.ft. in freestanding facilities, regional malls, power and strip centers. Preferred anchors include Kmart, Wal*Mart, T.J.
Maxx, department stores and supermarkets. Plans
call for five openings in the coming 18 months. Expansion
will take place in the existing market. Leases
running 10 to 20 years are typical. For more information, contact Joe Della Monica,
Creative Foods Corp., 310 E. Shore Road/ Suite 207, Great Neck, NY 11023; 516-466-3880,
Fax 466-5680. Diedrich
Coffee operates 10 locations in Southern CA. The
stores, selling coffee and bakery products, occupy spaces of 1,500 sq.ft. to 2,200 sq.ft.
in downtown store fronts, regional malls and strip centers.
Growth opportunities are sought in the Western region. For more information, contact Steven A. Lupinacci,
Diedrich Coffee, 350 Clinton Street/ Suite A, Costa Mesa, CA 92626; 714-438-2282, Fax
434-6279. Quantum
Restaurant Group, Inc. trades as Morton's of Chicago, Peasants, Micks and Bertolini's at
66 locations nationwide. The restaurants
occupy spaces of 7,500 sq.ft. in downtown store fronts and specialty centers. Preferred anchors include Lord & Taylor,
upscale hotels and convention centers. Plans
call for three openings in the coming 18 months. Expansion
will take place nationwide. Preferred
demographics include a population of two million within a metropolitan area earning
$40,000 as the average income. Leases running
10 to 15 years are typical. For more information, contact Gil Drake, Quantum
Restaurant Group, Inc., 3333 New Hyde Park Road #210, New Hyde Park, NY 11042;
516-627-1515, Fax 627-2050. Pepsico
trades as Taco Bell at 4,600 locations nationwide. The
fast food restaurants, serving Mexican food, occupy spaces of 2,300 sq.ft. in freestanding
facilities, strip centers and kiosks. Growth
opportunities are sought both nationwide and worldwide. For more information, contact Art Everson,
Pepsico, 17901 Von Karman, Irvine, CA 92714-4949; 714-863-4904, Fax 863-2246. Au Bon
Pain, Inc. trades as Au Bon Pain at 258 locations nationwide and internationally. The stores occupy spaces of 800 sq.ft. in food
courts of regional malls, inline units of 2,000 sq.ft. to 3,000 sq.ft. in strip centers
and 2,500 sq.ft. to 3,000 sq.ft. in downtown store front locations. Plans call for 50 openings in the coming 18
months. Expansion will take place both
nationally and internationally. Leases
running 10 years are typical. For more information, contact Mitch Roberts, Au
Bon Pain, Inc., 19 Fid Kennedy Avenue, Boston, MA 02210; 617-423-2100, ext. 1202, Fax
423-7879. Villa
Enterprises trades as Villa Pizza at 90 locations in 23 states. The fast food restaurants, serving pizza and
Italian food, occupy spaces of 400 sq.ft. to 1,800 sq.ft. in downtown store fronts,
regional malls and outlet centers. Plans call
for 35 openings in the coming 18 months. Expansion
will take place nationwide. Leases running 10
years are typical. The company is
franchising. For more information, contact John Scotti, Villa
Enterprises, 17 Elm Street, Morristown, NJ 07960; 201-285-4800, Fax 285-5252. Fudgery
operates 20 locations in LA, TX, MO, IN, IL, PA, NJ, NC, VA and MD. The stores, selling handmade fudge and featuring
entertainment by the staff, occupy spaces of 600 sq.ft. to 1,000 sq.ft. in downtown store
fronts, outlet and specialty centers. Plans
call for up to four openings in the coming 18 months.
Expansion will take place nationwide. Leases
running five years are typical. For more information, contact Jones Cottrell,
Fudgery, PO Box 2395, Gainsville, GA 30501; 404-287-1990, Fax 535-0045. Brueggers
Corporation trades as Brueggers Bagel Bakery at 175 locations in VT, MA, NY, CT, PA, WI,
IL, NE, WA, NC, IA, MO, MI and MD. The
stores, selling bagels, sandwiches and coffee, occupy spaces of 2,000 sq.ft. in downtown
store fronts, freestanding facilities and strip centers.
Preferred anchors include convenience stores and supermarkets. Plans call for 200 openings in the coming 18
months. Expansion will take place nationwide. Preferred demographics include a population of
15,000 within 1.5 miles earning $39,000 as the average income. Leases running 10 years are typical. The company is franchising. For more information, contact Bruce Miller,
Brueggers Corporation, 159 Bank Street/ Fourth Floor, Burlington, VT 05401; 802-862-4700,
Fax 865-9739. Boston
Beanery Restaurants, Inc. does business as Boston Beanery Restaurant & Tavern at six
locations in PA, WV, TN and VA. The casual
restaurants occupy spaces of 3,000 sq.ft. to 5,000 sq.ft. in freestanding facilities,
regional malls and strip centers. Preferred
anchors include Kmart, T.J. Maxx, Wal*Mart and supermarkets. Growth opportunities are sought in TN, KY, OH, PA
and WV. Preferred demographics include a
population of 35,000 within five miles earning $25,000 as the average income. Leases running 10 years are typical. The company is franchising. For more information, contact Dave Seman, Boston
Beanery Restaurants, Inc., 265 High Street/ Suite 600, Morgantown, VA 26505; 304-292-2035,
Fax 292-2057. Arabica
Cafes, Inc. trades as Arabica Coffee House at 12 locations in OH. The stores, selling gourmet coffees, teas,
sandwiches and ice cream, occupy spaces of 600 sq.ft. to 4,000 sq.ft. in strip and
specialty centers. Plans call for 10 openings
in the coming 18 months. Expansion will take
place within a 300-mile radius of Cleveland, OH. Preferred
demographics include a population of 30,000 within two miles earning at least $30,000 as
the average income. Leases running 10 years
are typical. The company is franchising. For more information, contact Marvin Schwartz,
Arabica Cafes, Inc., 4208 Prospect Avenue, Cleveland, OH 44103; 216-579-1030, Fax
621-8522. Eegee's,
Inc. trades as Eegee's at 17 locations in AZ. The
stores, selling submarine sandwiches and Italian ices, occupy spaces of 2,300 sq.ft. in
freestanding facilities. Preferred anchors
include Wal*Mart, Home Depot, parks and schools. Plans
call for up to two openings in the coming 18 months.
Expansion will take place in the existing market.
Leases running five to 20 years are typical. For more information, contact Bob Greenberg,
Eegee's, Inc., 5677 E. Speedway, Tuscon, AZ 85712; 520-298-1829, Fax 298-1017. Cucina!
Cucina!, Inc. does business as Cucina! Cucina! Italian Cafe at 10 locations in WA and OR. The Italian restaurants occupy spaces of 6,000
sq.ft. to 7,500 sq.ft. in regional malls. Preferred
anchors include Barnes & Noble. Plans
call for 12 openings in the coming 18 months. Expansion
will take place in AZ, CA, CO and UT. Preferred
demographics include a population of 300,000 within seven miles earning $58,000 as the
average household income. Leases running 20
years are typical. For more information, contact Richard Mckay,
Cucina! Cucina! Italian Cafe, 1745 114th Avenue/ Suite 100, Bellevue, WA 98004;
206-635-3375, Fax 637-7055. Davco
Restaurants, Inc. trades as Wendy's at 213 locations in MD, TN, IL and MO. The restaurants occupy spaces of 3,200 sq.ft. in
freestanding facilities, power centers and regional malls.
Plans call for 24 openings in the coming 18 months.
Expansion will take place in the existing markets.
Preferred demographics include a population of 30,000 within two miles earning
$32,000 as the average income. Leases running
20 years, with options running two to five years, are typical. For more information, contact L. Mallan Kelbaugh,
Davco Restaurants, Inc., 1657 Crofton Boulevard, Crofton, MD 21114; 410-721-3770, Fax
793-0754. Snack
Attack operates 206 locations in 42 states. The
stores, selling gourmet candies and nuts, occupy spaces of 1,800 sq.ft. in downtown store
fronts, regional malls, outlet and power centers. Preferred
anchors include Kmart, T.J. Maxx and Wal*Mart. Plans
call for 12 openings in the coming 18 months. Expansion
will take place nationwide. Leases running
one to five years are typical. For more information, contact Marge Albanito,
Snack Attack, PO Box 456, Ingleside, IL 60041; 708-740-1615, Fax 546-6601. SWH
Corporation trades as Mimi's Cafe at 20 locations in CA and AZ. The family restaurants occupy spaces of 6,450
sq.ft. in freestanding facilities, power centers and regional malls. Preferred anchors include soft goods retailers,
theaters and non-competing restaurants. Plans
call for five openings in the coming 18 months. Expansion
will take place in AZ and CA. Preferred
demographics include a population of 100,000 within three miles earning $40,000 as the
average income. Leases running 20 years are
typical. For more information, contact Dani Mayer, SWH
Corporation, 17852 East 17th Street #108, Tustin, CA 92680; 714-455-9280. P
& L Food Service, Inc. trades as Boston Market at 29 locations in Northeast OH,
Western PA and Western NY. The fast food
restaurants, specializing in chicken, occupy spaces of 3,000 sq.ft. in freestanding
facilities, power centers and regional malls. Plans
call for 25 openings in the coming 18 months. Expansion
will take place in the existing markets. Preferred
demographics include a population of 60,000 within five miles earning $35,000 as the
average income. Leases running five years are
typical. For more information, contact Michael Landru, P
& L Food Services, Inc., 1720 Washington Road/ Suite 207, Pittsburgh, PA 15214. Cici's
Pizza operates 150 locations in TX, OK, NM, MI, MO, LA, AR, TN, AL, GA, TN, NC, SC and FL. The pizza and pasta restaurants occupy spaces of
3,900 sq.ft. in freestanding facilities and strip centers.
Preferred anchors include Kmart, T.J. Maxx, Wal*Mart and supermarkets. Plans call for 100 openings in the coming 18
months. Expansion will take place in the
existing markets. Preferred demographics
include a population of 15,000 within one mile earning at least $45,000 as the average
income. Leases running 10 years with a
10-year option are typical. The company is
franchising. For more information, contact Mike Karns (TX, OK,
NM) or Robert Baker, Cici's Pizza, c/o Karns Commercial Real Estate, 1620 Rafe Street/
Suite 114, Dallas, TX 75006; 214-466-2040, Fax 466-2425. Mamma
Ilardo's Corporation trades as Mamma Ilardo's Pizzeria at 34 locations in OR, TX, GA, NC,
MD, DE, PA, NV, OH, NY, AL and Washington, D.C. The
pizza and pasta restaurants occupy spaces of 600 sq.ft. to 1,900 sq.ft. in regional malls,
power and strip centers. Plans call for 25
openings in the coming 18 months. Expansion
will take place nationwide. Preferred demographics include a population of 30,000 within
three miles earning $40,000 as the average income. Leases
running 10 years are typical. The company is
franchising. For more information, contact John A. Filipiak,
Mamma Ilardo's Corporation, 9505 Reistertown Road, Owings Mills, MD 21117; 410-356-1405,
Fax 356-9668. Fat
Boys' Bar-B-Q Franchise Systems trades as Fat Boys' Bar-B-Q at 22 locations in FL and PA. The family restaurants occupy spaces of 4,500
sq.ft. to 6,000 sq.ft. in freestanding facilities. Preferred
anchors include T.J. Maxx, Kmart, Wal*Mart and supermarkets. Plans call for up to eight openings in the coming
18 months. Expansion will take place
nationwide. Preferred demographics include a
population of 50,000 within five miles earning $30,000 as the average income. Leases running 10 years with options are typical. The company is franchising. For more information, contact Glenn Summers, Fat
Boys' Bar-B-Q Franchise Systems, 1550 West King Street, Cocoa, FL 32926; 407-636-1000, Fax
632-2964. Campbell
Soup, Inc. trades as Pepperidge Farm at 90 locations East of the Mississippi River. The stores, selling packaged baked goods and
soups, occupy spaces of 1,200 sq.ft. to 1,600 sq.ft. in outlet and strip centers. Plans call for nine openings in the coming 18
months. Expansion will take place in the
existing markets. Leases running three years
are typical. For more information, contact Bartholomew Delaney,
Campbell Soup, Inc., 595 Westport Avenue, Norwalk, CT 06851; 203-846-7000, Fax 846-7369. Rentzios,
Inc. trades as Rentzios Greek Food Restaurants at 45 locations in MT, CO, NV, FL, TX, WY,
IA, MN and NY. The Greek restaurants occupy
spaces of 500 sq.ft. to 2,500 sq.ft. in regional malls, power and strip centers. Preferred anchors include Lord & Taylor. Plans call for up to 18 openings in the coming 18
months. Expansion will take place nationwide. Preferred demographics include a trade area
population of 300,000 earning at least $40,000 as the average income. Leases running 10 years are typical. The company is franchising. For more information, contact Chris Rentzios,
Rentzios Greek Food Restaurants, 701 West Hampden/ Suite B-109, Englewood, CO 80110;
303-781-3441, Fax 781-6611. Gregory's
Restaurants operates four locations in AZ and CA. The
restaurants occupy spaces of 6,000 sq.ft. to 7,000 sq.ft. in regional malls. Preferred anchors include hotels. Plans call for up to two openings in the coming 18
months. Expansion will take place in AZ. Preferred demographics include a population of
50,000 within five miles earning $50,000 as the average income. Leases running 10 years are typical. For more information, contact James Kelleher,
Gregory's Restaurants, 1133 East Missouri/ Suite L, Phoenix, AZ 85014; 602-248-7950, Fax
265-6581. Coastal
Cookie Co., Inc. trades as Coastal Cookie at seven locations in TX, MO and FL. The stores, selling cookies, occupy spaces of 280
sq.ft. to 600 sq.ft. in regional malls. Preferred
anchors include department stores. Plans call
for two openings in the coming 18 months. Expansion
will take place nationwide. For more information, contact Lloyd Wold, Coastal
Cookie Co., Inc., 8008 Cedar Springs Road, Dallas, TX 75235-2841; 214-350-6614, Fax
350-7956. Jake's
Pizza International operates 55 locations in IL, FL, NV, AZ, CA, IN and WI. The restaurants, offering pizza, pasta, sandwiches
and salads, occupy spaces of 1,000 sq.ft. to 2,400 sq.ft. in strip centers. Preferred anchors include video stores,
supermarkets and other fast food restaurants. Plans
call for up to 36 openings in the coming 18 months. Expansion
will take place nationwide. Preferred
demographics include a population of 20,000 within three miles earning $30,000 to $40,000
as the average income. Leases running five
years with options are typical. The company
is franchising. For more information, contact Robert Wallen,
Jake's Pizza International, 16 Official Road, Addison, IL 60101; 708-543-0022, Fax
543-2220. Blommer,
Inc. does business as Ollie's Ovens and Sam's Subs at 23 locations in WI, IL, IA and MN. The restaurants occupy spaces of 400 sq.ft. to
2,000 sq.ft. in regional malls and strip centers. Preferred
anchors include Lord & Taylor and T.J. Maxx. Plans
call for one opening in the coming 18 months. Expansion
will take place in WI. Preferred demographics
include a population of 50,000 within three miles earning $30,000 as the average income. Leases running five years are typical. For more information, contact Peter Blommer,
Blommer, Inc., 5900 N. Port Washington Road, Glendale, WI 53217; 414-291-7833. Flamer
Charburgers, Inc. trades as Flamer Grill at 78 locations in NY, FL, GA, OH, PA, MD, TX,
VA, TN, MO, CA, NJ, NC, NV, CT, MA, WA, IL, PR and Washington, D.C. The fast food restaurants occupy spaces of 600
sq.ft. to 700 sq.ft. in food courts and 1,500 sq.ft. to 2,000 sq.ft. in downtown store
fronts, regional malls, power and specialty centers.
Preferred anchors include Lord & Taylor, Kmart and Wal*Mart. Plans call for 25 openings in the coming 18
months. Expansion will take place nationwide
as well as in Puerto Rico. Leases running 10
years are typical. The company is
franchising. For more information, contact Farzin A. Darabi,
Flamer Charburgers, Inc., 8761 Perimeter Park Boulevard/ Suite 201, Jacksonville, FL
32216; 904-641-7171, Fax 641-1140. Applebee's
International trades as Applebee's Neighborhood Grill & Bar at 550 locations in 46
states. The restaurants occupy spaces of
5,000 sq.ft. to 5,500 sq.ft. in freestanding facilities, regional malls and end caps of
power, specialty and strip centers. Preferred
anchors include Kmart, Toys 'R Us, Wal*Mart, supermarkets and other big box users. Plans call for up to 200 openings in the coming
18 months. Expansion will take place
nationwide. Preferred demographics include a
population of 50,000 within three miles earning $40,000 as the average income. Leases running 20 years are typical. The company is franchising. For more information, contact Jim Kirkpatrick,
Applebee's International, 4551 West 107th Street, Overland Park, KS 66207; 913-967-4000. Kelly
McCue's trades as Kelly McCue's Sports Bar & Billiards Club at one location in CA. The restaurant and entertainment unit occupies a
freestanding 7,500 sq.ft. space. Preferred
anchors include movie theaters, health clubs and high traffic restaurants. Plans call for five openings in the coming 18
months. Expansion will take place in the
existing market. Preferred demographics
include a population of 30,000 within three miles earning $30,000 to $50,000 as the
average income. Leases running five to 10
years are typical. For more information, contact Tim Cox, Kelly
McCue's, 3991 MacArthur Boulevard #125, Newport Beach, CA 92660; 714-859-3116, Fax
851-5168. Golden
Corral Corp. does business as Golden Corral Family Restaurant at 512 locations in 38
states. The restaurants occupy spaces of
6,700 sq.ft. to 11,500 sq.ft. in freestanding facilities, regional malls, power and strip
centers. Preferred anchors include Kmart,
T.J. Maxx, Target and Wal*Mart. Plans call
for 110 openings in the coming 18 months. Expansion
will take place nationwide. Leases running 10
years are typical. The company is
franchising. For more information, contact Ronald Marino,
Golden Corral Family Restaurant, 5151 Glenwood Avenue, Raleigh, NC 27612; 919-781-9310,
Fax 881-4654. Pizza
Hut of America, Inc. trades as Pizza Hut at 7,500 locations worldwide. The restaurants occupy spaces of 1,200 sq.ft. to
1,600 sq.ft. in strip centers for its delivery units and 3,600 sq.ft. in freestanding
facilities on a land area of 40,000 sq.ft. for its restaurants. Plans call for the opening of 450 delivery units
in the coming 18 months. Expansion will take
place nationwide. For more information, contact Rick Hoying, Pizza
Hut of America, Inc., 3229 Harwood Road, Bedford, TX 76021; 817-545-3495, Fax 354-0145. Pour
La France, Inc. trades as Pour La France Cafe & Bakery at seven locations in CO and
TX. The restaurants occupy spaces of 1,500
sq.ft. to 4,000 sq.ft. in downtown store fronts, regional malls and strip centers. Plans call for one opening in the coming 18
months. Expansion will take place in Mexico. For more information, contact Richard Scales, Pour
La France, Inc., 650 South Cherry/ Suite 1200, Denver, CO 80222; 303-322-1298, Fax
322-1395. Austin
Chase Coffee operates five units in WA. The
coffee houses occupy spaces of 1,200 sq.ft. to 1,800 sq.ft. in specialty and strip
centers. Plans call for 10 openings in the
coming 18 months. Expansion will take place
on the western coast of WA. Preferred
demographics include a population of 25,000 within one mile earning $25,000 as the average
income. Leases running five years are
typical. For more information, contact Dan Durr or Tim
Weber, Austin Chase Coffee, c/o First Western Properties, PO Box 111148, Tacoma, WA
98411-1148; 206-472-0404, Fax 472-0541. Bill
Knapp's Michigan, Inc. trades as Bill Knapp's Restaurant at 58 locations in IN, OH and MI. The family restaurants occupy spaces of 7,000
sq.ft. in freestanding facilities. Growth
opportunities are sought in the existing markets. For more information, contact Dale Griffin, Bill
Knapp's Michigan, Inc., 110 Knapp Drive, Battle Creek, MI 49015; 616-968-1121, Fax
964-5310. Lamp
Post Pizza operates 53 locations in CA. The
pizza restaurants occupy spaces of 2,500 sq.ft. to 3,500 sq.ft. in strip centers. Plans call for 12 openings in the coming 18
months. Expansion will take place in CA, NV
and UT. Preferred demographics include a
population of 10,000 within three miles earning $40,000 as the average income. Leases running five years are typical. The company is franchising. For more information, contact Tom Barro, Lamp Post
Pizza, 3002 Dow Avenue/ Suite 320, Tustin, CA 92680; 714-731-6171, Fax 731-0951. Blake's
Creamery, Inc. trades as Blake's Ice Cream Restaurants at eight locations in NH. The family restaurants occupy spaces of 3,200
sq.ft. in freestanding facilities, specialty centers and strip centers. Plans call for one opening in the coming 18
months. Expansion will take place in the
existing market. For more information, contact William Gaudes,
Blake's Creamery, Inc., 46 Milford Street, Manchester, NH 03102; 603-623-7242, Fax
623-7244. The
Coffee Beanery, Ltd. operates 186 locations in AZ, AR, CA, CO, CT, DE, FL, GA, IL, IN, KS,
KY, LA, MD, MA, MI, MN, MO, NV, NJ, NY, NC, OK, PA, SC, TN, TX, VA and Washington, D.C. The stores, selling specialty coffees, occupy
spaces of 1,500 sq.ft. to 2,000 sq.ft. in downtown store fronts and strip centers. Preferred anchors include bookstores, theaters and
college campuses. Plans call for 70 openings
in the coming 18 months. Expansion will take
place in the existing markets. The company is
franchising. For more information, contact the Leasing
Department of The Coffee Beanery, Ltd., 3429 Pierson Place, Flushing, MI 48433;
810-733-1020, Fax 733-1536. Lead
Sheet Coach
Stores, Inc. dba
The Coach Store Tony
Galvin 516 W.
34th Street New
York, NY 10001 212-629-2207,
Fax 629-2601 Accessories The
120-unit chain operates locations nationwide as well as in England and Germany. The stores, selling leather accessories for men
and women, occupy spaces of 2,000 sq.ft. in freestanding facilities and power centers. Plans call for 10 openings in the coming 18
months. Expansion will take place nationwide. Chadwick
Miller, Inc. dba
Lauriat's Books, Encore Books, Royal
Discount Books Mark
Podgur 1
Washington Street Wellesley,
MA 02181 617-235-0030,
Fax 235-3634 Books The
160-unit chain operates locations in MA, CT, VT, ME, NH, NY, MD, DE, PA and NJ. The stores occupy spaces of 5,000 sq.ft. to 8,000
sq.ft. regional malls and strip centers. Growth
opportunities are sought in the existing markets. Crown
Books Corp. dba
Crown Books, Super Crown Books Dennis
Weiss 3300
75th Avenue Landover,
MD 20785 301-731-1200,
Fax 771-1311 Books The
200-unit chain operates locations nationwide. The
stores, selling books, magazines, audio and computer software, occupy spaces of 12,000
sq.ft. in power specialty and strip centers. Growth
opportunities are sought nationwide. Hatch's
Card Shops, Inc. dba
Hatch's Card Shop 15677
East 7th Avenue Aurora,
CO 80011 303-341-7234,
Fax 341-0728 Cards
& Gifts The
32-unit chain operates locations in AZ, CA, CO, KS, MN, OR, UT, WA and WY. The stores occupy spaces of 3,000 sq.ft. in
freestanding facilities and regional malls. Plans
call for two openings in the coming 18 months. Expansion
will take place in the existing markets. Gibson
Discount Centers, Inc. dba
Gibson Discount Centers Dennis
Henreich 100
Chaffin Industrial Park Dodge
City, KS 67801 316-227-8121,
Fax 227-8909 Discount The
32-unit chain operates locations in TX, CO, KS, OK, MT, SD, ND and NM. The stores occupy spaces of 40,000 sq.ft. in
freestanding facilities and strip centers. Plans
call for 10 openings in the coming 18 months. Expansion
will take place in the existing markets. Harco
Drug, Inc. dba
Harco Super Drug Joseph
Thames 3925
Rice Mine Road Tuscaloosa,
AL 35406 205-345-2400,
Fax 345-4302 Drug
Store The
145-unit chain operates locations in AL, MS and FL.
The stores occupy spaces of 10,125 sq.ft. in freestanding facilities and strip
centers. Plans call for 15 openings in the
coming 18 months. Expansion will take place
in AL, MS and Northwestern FL. Gags
& Games, Inc. dba
Gags & Gifts, Halloween USA Christopher
Bearss 25425
Glendale Redford,
MI 48239 313-591-1717,
Fax 591-3822 Gifts The
11-unit chain operates locations in MI. The
stores, selling cards, gifts and balloons, occupy spaces of 4,500 sq.ft. in power and
strip centers. Preferred anchors include drug
stores, supermarkets and video stores. Plans
call for up to five openings in the coming 18 months.
Expansion will take place in MI, OH, IL and IN.
Preferred demographics include a population of 30,000 within five miles earning
$35,000 as the average household income. Leases
running five years with options are typical. We
Care Hair Ron
Anderson 7327
West 90th Street Bridgeview,
IL 60455 800-676-5264,
Fax 708-598-8037 Hair
Salon The
165-unit chain operates locations nationwide. The
salons occupy spaces of 800 sq.ft. to 1,500 sq.ft. in strip centers. Preferred anchors include supermarkets. Plans call for 35 openings by the end of this
year. Expansion will take place nationwide. Leases running five to 20 years are typical. Butterfields
Development, Inc. dba
Butterfields Etc. Jim
Lunceford 1040
Wm. Hilton Parkway Hilton
Head, SC 29928 803-842-6000,
Fax 842-6999 Housewares The
22-unit chain operates locations in FL, IN, KS, LA, NC, OH, TX, WA and SC. The stores, selling bakeware, cookware, ceramics,
cutlery, coffee, linens, cookbooks and gifts, occupy spaces of 1,500 sq.ft. to 2,100
sq.ft. in regional malls. Growth
opportunities are sought in the existing markets. Houseware
Distributors, Inc. dba
Houseware Outlet Stores Nola
Depies PO Box
855 West
Bend, WI 53095 414-334-1095,
Fax 334-6017 Housewares The
company operates one unit in WI. The store,
selling housewares, tableware and home decor items, occupies a 2,500 sq.ft. freestanding
space. Plans call for one opening in the
coming 18 months. Expansion will take place
in the existing market. Beard's
Jewelers Scott
Almand 4600
S. Medford #1068 Lufkin,
TX 75901 409-637-2848,
Fax 632-6678 Jewelry The
two-unit chain operates locations in TX. The
stores occupy spaces of 10,000 sq.ft. in regional malls.
Plans call for one opening in the coming 18 months.
Expansion will take place in the existing market. Fashions
of India dba
Glitters Harry
Mahtani 3
Millcreek Mall Secaucus,
NJ 07094 201-348-2217,
Fax 348-5573 Jewelry The
company operates one unit in NJ. The store
occupies a 900 sq.ft. space in a regional mall. Plans
call for up to three openings in the coming 18 months.
Expansion will take place in NJ and NY. Guitar
Center John
Gilcrest 150 E.
Paularino Avenue/ Suite 193 Costa
Mesa, CA 92626 714-432-7300,
Fax 432-7904 Music The
20-unit chain operates locations in IL, CA, TX and MA.
The stores occupy spaces of 10,000 sq.ft. to 15,000 sq.ft. in freestanding
facilities and strip centers. Plans call for
up to eight openings in the coming 18 months. Expansion
will take place in the existing markets as well as FL. Bannister
Shoe dba
Easy Spirit Steve
Benton 1
Eastwood Drive Cincinnati,
OH 45227 513-527-7000 Shoes The
200-unit chain operates locations nationwide. The
family shoe stores occupy spaces of 2,700 sq.ft. to 4,000 sq.ft. in regional malls and
outlet centers. Plans call for 10 openings in
the coming 18 months. Expansion will take
place nationwide. Consumer
Pulse, Inc. dba
Consumer Pulse Richard
Miller 725
South Adams/ Suite 269 Birmingham,
MI 48009 800-336-0159,
Fax 810-645-5685 Specialty The
16-unit chain operates locations in MI, OH, VA, MD, PA, NC, WI, CO, CA and Washington,
D.C. The company, offering marketing research
services, occupies spaces of 1,000 sq.ft. to 1,500 sq.ft. in power centers and regional
malls. Growth opportunities are sought in
Southern and Western regions. Pennsylvania
Liquor Control Board dba
Wine & Spirits Shoppe Alan
Herbster Forster
& Third Streets N.W. Harrisburg,
PA 17124-0001 717-787-3016,
Fax 787-1415 Specialty The
666-unit chain operates locations in PA. The
stores occupy spaces of 2,800 sq.ft. in downtown store fronts, freestanding facilities,
power and strip centers. Preferred anchors
include major department stores and supermarkets. Plans
call for 10 openings in the coming 18 months. Expansion
will take place in the existing market. Discount
Harry's Toys Leonard
Wolf c/o
Leonard Wolf Real Estate 1100
Hector Street Conshohocken,
PA 19438 610-664-7293,
Fax 664-6901 Toys The
chain operates temporary toy stores in the Mid-Atlantic states during the September
through January season. The stores occupy
spaces of 15,000 sq.ft. to 20,000 sq.ft. in strip centers.
Plans call for up to three openings this year.
Expansion will take place in the existing market. |