The Dealmakers May Magazine Issue Number 16 for the week of May 15, 1995

 

My Way by Ted Kraus

 

This show, beyond a shadow of a doubt, will be the best show of the decade.  Higher attendance, more networking and lots of deals started (unless it starts raining).  Retailers, while being a little more cautious than they have been in awhile, will be attending in record numbers and more than willing to talk to everyone and anyone to insure that they are aware of all potential deals.  That's the good news and all I can say is "go for it," make money while you can.  We deserve it, it's been a tough five years we just came out of.  However, unless there are substantial changes in our economy, government and politicians (do you believe in fairy tales?) in the very near future, we'll (the nation and our industry) be in a mini-recession by the end of the year.  My crystal ball says recession, not "soft landing" as others are contending but I've always been a contrarian.  Of course, the good news is a recession is better than going through another depression that we just came out of.  I admit I'm no genius or economist, but when AT&T is laying off 2,500 middle managers making $45,000 a year and the fast food industry hires 3,500 people at $5.25 per hour, I don't want to hear about the jobs being created.  Retail sales are either flat or dropping (i.e., Woolworth declined 4.7% in comparable same store sales, Charming Shops dropped 17%, JC Penney is off 5.5%, Bradlees is down 8%, Dayton Hudson lost 4.7%, Ross Stores lost 9% in March, Solo dropped 28.5% (bye-bye), Carson Pirie Scott decreased 7.3%, Filenes Basement is off 6%, Dress Barn lost 4% in comparable store sales in March, 50-Off Stores is off 19.4% and closing 20 stores, Gottschalk's declined 6.6%, Shoe Carnival decreased 15.2% for the month) and it goes on and on.  Of course there are exceptions to every rule.  Kohl's increased 9.1%, Kmart is up (see, I told you not to count them out yet) and of course Wal*Mart increased as usual, which means they are either a great retailer or are "cooking" the books.  Circuit City increased 15%, and The "Good Guys Electronics" were good with a comparable increase of four percent.  Most of the retailers claimed they were "off" because of a late Easter or mild winter.  I'm a simple person, when there's money in our checking account, the company is doing good; when there isn't any money in the account, we're not.  These retailers are losing sales and that isn't taking into consideration inflation, no matter how small it might be.  They're in trouble which means we're next.  The dollar keeps dropping in value every 5 minutes.  (Remember Perot and that great "sucking sound"); the Feds have no idea what it's doing.  The real confusion (don't forget, I'm writing this four weeks before the show) is that the stock market keeps setting record highs, which I don't understand.  My mother explained to me when I was a little kid that the value of a stock is based on earning and growth potential.  This basic rule doesn't appear to apply today.  Oh well, as I said, we're not economists, so we don't have to worry about this type of stuff; we're "dealmakers," so lets go and make some deals.

 

Now I don't  want you to interpret the above as I'm being pessimistic.  I think we'll all survive it, and as mama use to say, "be a lot wiser because of it" (enough of the knowledge, give me the money).

 

Now let me discuss one of my favorite topics besides sex, the On-Line industry and the Internet.  I wanted to have a section in this issue of the  newsletter listing "Home Pages" on the WWW (World Wide Web) that are real estate oriented.  Ann stopped me.  She contends that 90% of our readers would have no idea what we were talking about, so why waste the space.  If you're part of the 10% that does understand and wants a list of 50 "Home Pages" on real estate, fax me a note at 609-587-3511 or e-mail a request to: ted.kraus@dealmakers.net and we'll get it out to you.  Check 'em out, you'll see the future today.  On the same subject (I won't bore you too much more), we manage three mailing lists and eight newsgroups on the NET on commercial real estate (mailing lists and newsgroups are conferences available worldwide on almost any given topic and there are approximately 30,000 worldwide).  And one thing I'm noticing is: deals are being done everyday via this new medium.  (Well, maybe not done, but at least started).  I get brokers, investors and owners calling me everyday excited about the deals and networking going on.  If you're into the sale of any type of commercial property, you have to get involved.  We just set up a program that allows anyone with e-mail to request a complete package on a property for sale, and within minutes can download the package in four-color with pictures, copy and graphs.  Within two days of posting information on a property, 42 people had requested the package.  It saved me time, effort and money, and hopefully reduces the time necessary to close a deal.

 

On a different note, New York might be a "trendsetter" in matters of real estate, at least corrupt real estate matters that is.  There are two separate investigations going on.  One is on management companies "kicking" back part of their fee to the owner's rep., and the second is investigating bribery by real estate brokers.  (Imagine that, a broker would actually pay a person in a position of influence to determine the "outcome" of a deal).  This is the first major investigation I can remember since the W.T. Grant fiasco, and the "star" witness got run over (by accident, of course) by his own tractor (not an easy accomplishment) right before the trial date.  In all probability, the outcome of this investigation will be the same as Grants, meaning nothing will happen, but it is interesting that there is an investigation going on.  The good news for the crooks in our industry is proving they're bribing someone is extremely difficult.  Two major retailers last year "accepted" and encouraged resignations from a substantial number of their real estate people; they couldn't prove that they were pocketing money, but knew something was "wrong."  This is\was just the tip of the iceberg, but I doubt anything will happen to change this trend.  Well, now that you read all these encouraging words, go out, make a deal and have some fun.

 

P.S.  If you have a computer and modem, drop by our booth (612 Sixth Avenue) and pick up a free shareware program to connect your computer with our Commercial On-Line service (it's free and extremely easy to use) and a sample computerized version of our "Leasing Agents Book Of Leads," plus information on all our on-line services.

 

Apparel Chains Shop for Expansion Opportunities

 

Mothers Stores, Inc. trades as Mothertime at 100 locations nationwide.  The maternity wear stores occupy spaces of 1,500 sq.ft. to 1,800 sq.ft. in major regional malls.  Plans call for up to eight openings in the coming 18 months.  Expansion will take place nationwide.  Leases running 10 years are typical.

  For more information, contact Stuart Leibach, Mothers Stores, Inc., 4255 N. Knox, Chicago, IL 60640; 312-481-3180, ext. 138, Fax 777-8122.

 

Kolonaki, Inc. trades as Georgiou and Alexia at 65 locations nationwide.  The women's apparel stores occupy spaces of 1,700 sq.ft. to 2,500 sq.ft. in upscale malls.  Plans call for up to 12 openings in the coming 18 months.  Expansion will take place nationwide.  Leases running 10 years are typical.

  For more information, contact Bob Fyles, Kolonaki, Inc., 808 Brannan Street, San Francisco, CA 94103; 415-554-8000, Fax 431-4110.

 

Ann Taylor, Inc. trades as Ann Taylor at 214 locations nationwide.  The women's apparel stores, offering better lines of clothing, occupy spaces of 3,000 sq.ft. to 3,500 sq.ft. in regional malls, downtown store fronts, outlet and specialty centers.  Growth opportunities are sought nationwide.  Leases running 10 years for mall stores and three to five years for outlet stores are typical.

  For more information, contact Mindy Novack, Ann Taylor, Inc., 147 West 57th Street, New York, NY 10019; 212-541-3300, Fax 541-3379.

 

Maidenform, Inc. trades as Maidenform Outlet Stores at 83 locations nationwide.  The lingerie stores occupy spaces of 2,700 sq.ft. in outlet centers.  Plans call for 14 openings in the coming 18 months.  Expansion will take place nationwide.

  For more information, contact Ron Pinciaro, Maidenform, Inc., 154 Avenue E, Bayonne, NJ 07002; 201-436-9200, Fax 436-0660.

 

Benetton Services Corp. trades as Benetton at 160 locations nationwide.  The women's apparel stores occupy spaces of 1,500 sq.ft. to 4,000 sq.ft. in regional malls and downtown store fronts.  Preferred anchors include Nordstroms, Bloomingdales and Saks Fifth Avenue.  Growth opportunities are sought nationwide.

  For more information, contact Bruce Hunerberg, Benetton Services Corp., 11811 North Tatum Boulevard/ Suite 3031, Phoenix, AZ 85028; 602-953-6664.

 

BC Clothing Co. trades as Sharky's at 11 locations in MI and OH.  The junior apparel stores occupy spaces of 1,500 sq.ft. in regional malls.  Plans call for three openings in the coming 18 months.  Expansion will take place in the existing markets.  Leases running five years are typical.

  For more information, contact Susan Savalle, BC Clothing Co., 35840 Beattie, Sterling Heights, MI 48312; 810-268-3880, Fax 268-3846.

 

Bermo Enterprises, Inc. trades as Max 10 and Mr. B's Wearhouse at 12 locations in MI.  The concept sells family apparel for $10 or less while using spaces of 5,000 sq.ft. to 6,000 sq.ft. in strip centers and freestanding facilities.  Growth opportunities are sought in the existing market.

  For more information, contact Ed Bernard, Bermo Enterprises, Inc., 12033 US 131, Schoolcraft, MI 49087; 616-679-2580, Fax 679-2611.

 

The Buckle, Inc. trades as The Buckle at 150 locations in AR, CO, IA, ID, IL, IN KS, KY, MI, MN, MO, MT, ND, NE, OH, OK and SD.  The apparel stores, selling better lines of casual apparel for juniors and young men, occupy spaces of 4,400 sq.ft. in regional malls.  Plans call for up to 18 openings in the coming 18 months.  Expansion will take place in TX, IN, ID and MT.  Leases running 10 years are typical.

  For more information, contact Brett Milkie, The Buckle, Inc., 37307 Harvest Drive, Avon, OH 44011; 216-934-1415, Fax 934-1417.

 

Sadimara Knitwear, Inc. trades as Carroll of Paris at five locations in NY and TX.  The women's apparel stores, selling better contemporary lines of professional and casual clothing designed in France, occupy spaces of 1,000 sq.ft. to 1,200 sq.ft. in malls, specialty centers and freestanding facilities.  Growth opportunities are sought in the metro-NY area and in NJ.  Leases running 10 years are typical.

  For more information, contact Jane Bunn, Sadimara Knitwear, Inc., 512 7th Avenue 25th Floor, New York, NY 10018; 212-354-2155, Fax 302-2327.

 

Cache operates 140 locations nationwide.  The women's apparel stores occupy spaces of 2,000 sq.ft. in upscale malls.  Plans call for 25 openings in the coming 18 months.  Expansion will take place nationwide.  Leases running 10 years are typical.

  For more information, contact Tom Renkins, Cache, 1460 Broadway 15th Floor, New York, NY 10036; 212-840-4242, Fax 840-4225.

 

Clothing Liquidator, Inc. trades as Clothing Liquidator at three locations in VA and NC.  The men's and women's clothing stores occupy spaces of 3,000 sq.ft. in strip and outlet centers.  Growth opportunities are sought in VA.

  For more information, contact Wanda Gullet, Clothing Liquidators, Inc., 165 Wadsworth Drive, Richmond, VA 23236; 804-320-8365, Fax 320-8365.

 

Chico's F A S Inc. trades as Chico F A S at 122 locations nationwide.  The apparel stores occupy spaces of 1,500 sq.ft. to 1,800 sq.ft. in regional malls, outlet and specialty centers.  Plans call for 21 openings in the coming 18 months.  Expansion will take place nationwide.

  For more information, contact Marvin Granick, Chico's F A S Inc., 11215 Metro Parkway, Ft. Myers, FL 33912; 813-277-6200, Fax 277-5237.

 

CMJ Enterprises trades as A Nose for Clothes at seven locations in FL, GA and TX.  The upscale women's sportswear stores occupy spaces of 3,000 sq.ft. in power, specialty and strip centers.  Growth opportunities are sought in Broward County and Palm Beach, FL.  Leases running five years are typical.

  For more information, contact Joseph Falowitz, CMJ Enterprises, 13100 S.W. 128th Street, Miami, FL 33186; 305-253-8631, Fax 235-4370.

 

Desmond's Formalwear, Inc. trades as Desmond's Formalwear at 52 locations in MN, MI, WI, IA, SD, MO, IL, IN, KS and NE.  The stores sell and rent tuxedos while using spaces of 800 sq.ft. in regional malls.  Plans call for two openings in the coming 18 months.  Expansion will take place in IL.  Leases running six years are typical.

  For more information, contact Stephen Sheely, Desmond's Formalwear, Inc., 400 Main Street, La Crosse, WI 54602; 608-781-7770, Fax 781-5125.

 

Exotic Fashions, Inc. trades as Cliquers at 18 locations in NY and NJ.  The women's apparel stores, selling clothing, shoes and accessories for juniors and misses, occupy spaces of 5,000 sq.ft. to 10,000 sq.ft. in regional malls, downtown store fronts and outlet centers.  Plans call for up to five openings in the coming 18 months. Expansion will take place in NY, NJ and CT.

  For more information, contact Jake Lee, Exotic Fashions, Inc., 250 Carol Place, Moonachie, NJ 07074; 201-641-1822, Fax 641-1120.

 

The Finish Line, Inc. trades as The Finish Line at 193 locations nationwide.  The apparel stores occupy spaces of 3,000 sq.ft. in regional malls.  Plans call for 35 openings in the coming 18 months.  Expansion will take place nationwide.  Leases running 10 years are typical.

  For more information, contact George Sanders, The Finish Line, Inc., 3308 N. Mitthoeffer Road, Indianapolis, IN 46236; 317-899-1022, Fax 899-0237.

 

Holtzman's Little Folk Shop, Inc. trades as Kids Mart at 350 locations in 26 states.  The children's apparel stores occupy spaces of 2,500 sq.ft. in regional malls and power centers.  Preferred anchors include department stores, supermarkets and drug stores.  Growth opportunities are sought in the existing markets.

  For more information, contact the Director of Real Estate, Holtzman's Little Folk Shop, Inc., 801 Sentous Street, City of Industry, CA 91748; 818-965-4022, Fax 854-3803.

 

Harold's Stores, Inc. trades as Harold's Stores at 27 locations in TX, OK, MD, GA, AL, TN, NE, MO and NC.  The men's and women's upscale apparel stores occupy spaces of 4,000 sq.ft. in upscale regional malls.  Plans call for three openings in the coming 18 months.  Expansion will take place in the Northeast and Southeast regions.

  For more information, contact Mike Casey, Harold's Stores, Inc. 4525 McKinney, Dallas, TX 75405; 214-521-3533.

 

JHD Enterprises, LTD trades as Lim's Menswear at 11 locations in NC and VA.  The stores occupy spaces of 2,500 sq.ft. in regional malls.  Plans call for one opening in the coming 18 months.  Expansion will take place in NC.  Leases running 10 years are typical.

  For more information, contact Bobby Lim, JHD Enterprises, LTD, 101 South Center Street, Goldsboro, NC 27530; 919-735-0155, Fax 735-0059.

 

Burton's Menswear, Inc. trades as The Scotsman at five locations in VA.  The men's and women's apparel stores occupy spaces of 5,000 sq.ft. in strip and specialty centers.  Growth opportunities are sought in the Richmond and Petersburg markets of VA.  Leases running 10 years are typical.

  For more information, contact Robert Burton, Burton Menswear, Inc. 350 Landsdowne Road, Fredericksburg, VA 22404; 703-371-1776, Fax 371-4605.

 

Bunnies Children's Department Store operates six locations in NY.  The children's apparel stores, which also sell shoes and juvenile furniture, occupy spaces of 15,000 sq.ft. to 30,000 sq.ft. in power centers.  Growth opportunities are sought in NJ.  Preferred demographics include a population of 150,000 within three miles earning an average income not exceeding $50,000.  Leases running 10 years with options are typical.

  For more information, contact Jill Gordon, c/o Goldstein Group, 2100 Route 208, Fairlawn, NJ 07410; 201-703-9700, Fax 703-9678.

 

Cotton Island Clothing Co. trades as Cotton Island Clothing at 20 locations in MI, OH, IN and IL.  The stores occupy 100 sq.ft. kiosks in regional malls.  Plans call for the addition of 100 temporary units in carts and kiosks during the coming 18 months.  Expansion will take place nationwide.

  For more information, contact Susan Savalle, Cotton Island Clothing Co., 35840 Beattie, Sterling Heights, MI 48312; 810-268-3880, Fax 268-3846.

 

Catherine's, Inc. trades as P.S. Plus Sizes, Catherine's, Dimensions and The Answer at 414 locations nationwide.  The large-size women's apparel stores occupy spaces of 3,500 sq.ft. to 4,000 sq.ft. in strip centers.  Plans call for 40 openings in the coming 18 months.  Expansion will take place nationwide.  Leases running 10 years are typical.

  For more information, contact Bill Serex, Catherine's, Inc., 3742 Lamar Avenue, Memphis, TN 38118; 901-363-3900, Fax 794-9392.

 

Uhlman, Inc. trades as Millikens, Sperrys and Ulhmans at 35 locations in IN, MI and OH.  The stores sell family apparel at moderate to upper-moderate price points while using spaces of 13,000 sq.ft. to 25,000 sq.ft. in strip centers and downtown store fronts.  Preferred anchors include supermarkets and discount stores.  Growth opportunities are sought within a 300-mile radius of Bowling Green, OH.  Leases running five to 10 years are typical.

  For more information, contact Roger Vail, Uhlman, Inc. 126 N. Main Street, Bowling Green, OH 43402; 419-352-7505, Fax 353-3145.

 

Fine's Men's Shops, Inc. trades as Fine's at 48 locations in GA, AL, NC, SC, VA, WV and MD.  The men's apparel stores occupy spaces of 3,000 sq.ft. in regional malls having GLAs between 300,000 sq.ft. and one million sq.ft.  Plans call for three openings in the coming 18 months.  Expansion will take place in the existing markets.  Leases running 10 years are typical.

  For more information, contact Mitchell Fine, Fine's Men's Shops, Inc., 1164 Azalea Garden Road, Norfolk, VA 23502; 804-857-6013, Fax 857-4603.

 

Holliday's General Service Corp. trades as Holliday's Fashions at 18 locations in AR, TN, and MS.  The women's apparel stores, selling better lines of sportswear and dresses, occupy spaces of 7,500 sq.ft. in power and strip centers.  Plans call for three openings in the coming 18 months.  Expansion will take place in the existing markets.  Second generation space is preferred.  Leases running three to 10 years are typical.

  For more information, contact Michael Holliday, Holliday's General Service Corp., 208 S. Dudley Street, Memphis, TN 38104; 901-522-1983, Fax 526-3943.

 

Jockey International, Inc. trades as The Jockey Store at 70 locations nationwide.  The stores, selling Jockey underwear, hosiery, sportswear, tennis, golf and swimwear, occupy spaces of 3,600 sq.ft. in outlet centers.  Plans call for 20 openings in the coming 18 months.  Expansion will take place nationwide.  Leases running three to five years are typical.

  For more information, contact Jeremy Serer, Jockey International, Inc. 133 Laurel Drive, Needham, MA 02192-3206; 617-449-7660.

 

Coopers, Inc. trades as Western Warehouse at 23 locations in AZ, CA, CO, NM and WA.  The western wear stores occupy spaces of 10,000 sq.ft. to 15,000 sq.ft. in regional malls, power and strip centers as well as freestanding facilities.  Plans call for up to 20 openings in the coming 18 months.  Expansion will take place in NM, WA, CO, FL and CA.

  For more information, contact Donald Midciff, Coopers, Inc., 11205 Montgomery N.E., Albuquerque, NM 87111; 505-296-8344, Fax 296-0278.

 

Joseph A. Bank Clothiers, Inc. trades as Joseph A. Bank Clothiers at 65 locations in AL, CA, CO, CT, GA, MA, IL, MD, MI, IN, NC, PA, TX, TN, VA and Washington, D.C.  The stores, selling classic apparel for men and women, occupy spaces of 5,000 sq.ft. to 7,500 sq.ft. in malls and outlet centers.  Plans call for the expansion of the outlet division, with projections of six openings by mid 1996.  Expansion will take place in the East Coast.  Leases running three to five years are typical.

  For more information, contact Harvey Brown, Joseph A. Bank Clothiers, Inc., 500 Hanover Pike, Hampstead, MD 21074; 410-239-2700, Fax 239-5700.

 

Dress Barn, Inc. trades as Dress Barn and LJ's Fashions at 750 locations nationwide.  The women's apparel stores occupy spaces of 4,000 sq.ft. in strip centers.  Plans call for 80 openings in the coming 18 months.  Expansion will take place nationwide.

  For more information, contact Elise Jaffe, Dress Barn, Inc., 30 Dunigan Drive, Suffern, NY 10901; 914-369-4500, Fax 369-4750.

 

Surreys of Florida, Inc. trades as Surreys at 18 locations in FL and as Mondo Collections at three locations in FL.  Selling better lines of menswear, Surreys stores occupy spaces of 2,000 sq.ft. to 2,500 sq.ft. in regional malls and Mondo Collections stores occupy spaces of 650 sq.ft. in regional malls.  Plans call for one opening of Mondo Collections in the coming 18 months.  Expansion will take place in Aventura, FL.  Growth opportunities are sought in FL and GA for Surreys.  Leases running 10 years are typical.

  For more information, contact Steven Sheikman, Surreys of Florida, Inc. 5125 NW 77th Avenue, Miami, FL 33166; 305-592-8300, Fax 592-6850.

 

Petrie Retail, Inc. trades as Plus Size Stores at 400 locations nationwide.  Specializing in apparel for large-size women, the stores occupy spaces of 4,000 sq.ft. to 5,000 sq.ft. in regional malls, downtown store fronts and power centers.  Growth opportunities are sought nationwide.

  For more information, contact Jack Sopkin, Petrie Retail, Inc., 70 Enterprise Avenue, Secaucus, NJ 07094; 201-866-3600, Fax 866-5483.

 

Nationwide Formalwear trades as Small's Formalwear at 55 locations in NJ, PA, DE, MD, VA and NY.  The men's and women's formal wear stores occupy spaces of 700 sq.ft. to 1,000 sq.ft. in regional malls.  Growth opportunities are sought in the existing markets.  Leases running 10 years are typical.

  For more information, contact Joseph Overlman, Nationwide Formalwear, 1340 Enterprise Drive, West Chester, PA 19380; 610-692-6624, Fax 692-3826.

 

Mondi International, Inc. operates more than 60 locations nationwide.  The ladies apparel and accessories stores occupy spaces of 1,500 sq.ft. to 1,800 sq.ft. in specialty centers.  Plans call for two openings in the coming 18 months.  Expansion will take place in CA and NJ.

  For more information, contact Johannes Rummeny, Mondi International, Inc., 315 Barton Avenue, Palm Beach, FL 33480; 407-659-7796, Fax 659-7914.

 

Gentry Clothiers, Inc. trades as Glick's at 43 locations in IL and MO.  The stores, selling sportswear for men and women, occupy spaces of 3,000 sq.ft. to 4,000 sq.ft. in strip centers.  Plans call for eight openings in the coming 18 months.  Expansion will take place in the existing markets.

  For more information, contact Joseph Glick, The Glick Co., Inc., 3248 Nameoki Road, Granite City, IL 62040; 618-876-6717, Fax 876-7819.

 

Denny's Childrenswear trades as Denny's at five locations in NY and NJ.  Selling name brand children's apparel, the stores occupy spaces of 10,000 sq.ft. in strip centers and freestanding facilities.  Growth opportunities are sought in the existing markets. Leases running 10 years are typical.

  For more information, contact Ron Klein, Denny's Childrenswear, 904 S. Broadway, Hicksville, NY 11801; 516-681-4490, Fax 681-4444.

 

New Construction

 

ARC Properties and an affiliate of Pathmark Stores, Inc. plan to break ground this Fall on Menlo Square, a 175,000 sq.ft. power center in Edison, NJ.  The site is anchored by an existing 60,000 sq.ft. Rickel's Home Center.  Pre-leasing of spaces for up to five big box "category killer" anchors and one restaurant outparcel is ongoing.  The center is expected to open during late summer 1996.  Menlo Square is located across from Menlo Park Mall, a 1.2 million sq.ft. project anchored by Nordstrom's, Macy's, Cineplex Odeon, Nobody Beats The Wiz, Herman's Sports, The Limited and Linens N' Things.  The site fronts Parsonage Road and is accessible from Route 1 and Route 27, which generate a daily traffic count in excess of 100,000 cars.  Demographics include a five-mile population of 273,288 earning $57,469 as the average household income.

  For more information, contact Ed Jaten, Director of Acquisitions and Leasing, of ARC Properties, Inc. at (201-345-1900), Fax (345-3291).

 

Breslin Realty Development Corporation plans to break ground this fall on Elizabeth Town Center, a 211,000 sq.ft. open mall located in Elizabethtown, PA.  The project will be anchored by an 86,000 sq.ft. department store, a 55,000 sq.ft. supermarket and a 70,000 sq.ft. yet-to-be named tenant.  Parking for 1,050 cars will be available.  The project is expected to open in Spring 1996.

  For more information, contact Robert Broglia of Breslin Realty at (516-741-7400, Ext. 234), Fax (741-5621).

 

Cornelson Company recently broke ground on a 32-acre projected called Stonybrook in Jeffersontown, KY, a suburb of Louisville.  The project is anchored by a 117,000 sq.ft. Target and a 54,000 sq.ft. Winn Dixie.  Both tenants are expected to open Spring 1996.  The development also includes 90,000 sq.ft. of big-box space which can be subdivided.  Also available at the site are six outparcels.  Negotiations with a national tenant and with several restaurants are ongoing.  The project is located at the intersection of Taylorsville Road and Hurstborune Parkway which have a combined traffic count of 65,000 cars.  The company is also building a retail project called Franklin Corners in Gastonia, NC.  The site includes a 150,000 sq.ft. Home Depot, which opened in February, and a Red Robin restaurant which will open during September.  Negotiations are ongoing with a national tenant to fill a 65,000 sq.ft. space along with another restaurant for the project.

  For more information, contact George Cornelson of Cornelson Company at (704-376-6912).

 

Beach Place Partners plans to break ground this summer on the 100,000 sq.ft. Beach Place retail and entertainment complex in Fort Lauderdale, FL.  Leases have been signed with The Gap taking 4,267 sq.ft., Banana Republic taking 4,220 sq.ft., Limited Express taking 8,726 sq.ft., Ritchie's Swimwear taking 840 sq.ft., Giorgio Brutini taking 1,244 sq.ft. and Max's Grill taking 5,664 sq.ft.  Bath & Body has also leased space in the project.  Negotiations are ongoing with additional retailers and restaurants.  Beach Place Partners include Walter and Lee Banks, Dwight Jundt, Roger Hall, Eugene Cooke and Walter Collins.  Completion of Beach Place is expected during the last quarter of 1996.

  For more information, contact Beach Place Partners at (305-764-3460).

 

Glimcher Realty Trust's newest community shopping center, Mill Run Square, is nearing completion.  The 200,000 sq.ft. project, located at the intersection of I-270 and Fishinger Road in Columbus, OH, is being developed on 21 acres of land at an approximate cost of $8.9 million.  Anchors include Lowe's Home Center, which opened in December and PetsMart, which opened last month.  Other tenants at the site include Italian Oven, House of Blinds, Famous Footwear, Ten Below, 20/20 Vision Center, General Nutrition Center, Style Trends by Fiesta and 1/2 Off Cards.

  For more information, contact David Glimcher of Glimcher Realty Trust at (614-621-9000).

 

Rio Vista Station Joint Venture, a general partnership with Big Beaver Development Company as general partner and Sudberry Properties as co-developer, has begun construction on the 257,000 sq.ft. Rio Vista Shopping Center located at the intersection of Friars Road and Stadium Way in Mission Valley, CA.  A Summer 1995 opening is expected.  The project will be anchored by a 117,000 sq.ft. Kmart, a 42,175 sq.ft. Sports Authority, a 27,150 sq.ft. Office Depot, a 26,500 sq.ft. Ross Stores and 30,000 sq.ft. of small retail shops.  The shopping center is part of the Rio Vista 90-acre master-planned community that will contain offices, a hotel and over 1,000 residential units.

  For more information, contact Steve Avoyer, Mike Seiber or John Still of Flocke & Avoyer Commercial Real Estate, the exclusive leasing agents for the project, at (619-280-2600), Fax (280-3311).

 

Devcon Enterprises, Inc. is developing Torrington Fair in Torrington, CT.  The 200,000 sq.ft. project will be anchored by Wal*Mart and Price Chopper supermarkets.  Construction will commence this summer.  Space is available.  The company is currently developing over one million sq.ft. from Maine to Florida.

  For more information, contact Chadd LaBonte or William La Montagan of Devcon Enterprises, Inc. at (203-233-2114).

 

NewRoc Associates, L.P. is developing New Rochelle Center, a 500,000 sq.ft., three-level power center in downtown New Rochelle, NY.  The project, which will have immediate access to I-95, US 1 and mass transit, in addition to parking for over 2,300 cars, is expected to be completed during Fall 1997.  Demographics of the site include a trade area population of 500,000 earning an average household income of $62,000.

  For more information, contact David Perlmutter or Steven R. Smalheiser of NewRoc Associates, L.P. at (914-949-6505), Fax (949-8866).

 

Supermarkets Push Expansion

 

Stop & Shop Companies, Inc. trades as Stop & Shop Companies at 133 locations in MA, RI, CT and NY.  The supermarkets use spaces of 100,000 sq.ft. in strip centers and freestanding facilities.  Plans call for up to 15 openings per year.  Expansion will take place in the New England and Mid-Atlantic regions.

  For more information, contact Richard Picariello, Stop & Shop Companies, Inc., PO Box 1942, Boston, MA 02105; 617-380-8000, Fax 770-6222.

 

Super Valu, Inc. trades as Super Valu at 4,000 locations nationwide.  The supermarkets use spaces of 30,000 sq.ft. in strip centers and freestanding facilities.  Growth opportunities are sought nationwide.

  For more information, contact Jim Campbell, Super Valu, Inc., PO Box 990, Minneapolis, MN 55440; 612-828-4030, Fax 828-8918.

 

The Kroger Co. trades as Kroger at 1,068 locations in the Southeast, Southwest, East Central and West Central regions.  The supermarket/drug store combination use spaces of at least 40,000 sq.ft. in strip centers and freestanding facilities.  Plans call for 90 openings in the coming 18 months.  Expansion will take place in the existing markets.

  For more information, contact Barb Reibling, The Kroger Co., 1014 Vine Street, Cincinnati, OH 45202-1100; 513-762-4000, Fax 762-4390.

 

Fiesta Mart, Inc. operates 31 locations in TX.  The supermarkets occupy spaces of 25,000 sq.ft. to 48,000 sq.ft. as anchors in strip centers and in freestanding facilities.  Plans call for up to 25 openings in the coming 18 months.  Expansion will take place in Houston and the Dallas/Ft. Worth, TX markets.

  For more information, contact Buster Freedman, c/o United Equities, 6909 Ashcroft/ Suite 200, Houston, TX 77081; 713-772-6262, Fax 981-4035.

 

Jitney Jungle Stores of America trades as Jitney Jungle, Sack and Save, Mega Mart, Budget Saver and Foodway at 107 locations in MS, AL, TN, AR and LA.  The supermarkets occupy spaces of 30,000 sq.ft. to 60,000 sq.ft. in power and strip centers as well as freestanding facilities.  Growth opportunities are sought in the existing markets.

  For more information, contact Steve Phillips, Jitney Jungle Stores of America, PO Box 3409, Jackson, MS 39207; 601-949-5468, Fax 352-0483.

 

Ingles Markets, Inc. operates 181 locations in GA, AL, NC, SC, TN and VA.  The supermarkets occupy spaces of 52,000 sq.ft. to 62,000 sq.ft. in strip centers and freestanding facilities.  Growth opportunities are sought in the existing markets.

  For more information, contact Gordon Meyers, Ingles Markets, Inc., PO Box 6676, Asheville, NC 28816; 704-669-2941, Fax 669-3668.

 

J.H. Harvey's Co. trades as Harvey's at 38 locations in FL and GA.  The supermarkets occupy spaces of 30,000 sq.ft. to 40,000 sq.ft. in strip centers and freestanding facilities.  Growth opportunities are sought in the existing markets.

  For more information, contact Alton Holloway, J.H. Harvey Co., 727 S. Davis, Nashville, GA 31639; 912-686-7654, Fax 686-2927.

 

Harris-Teeter, Inc. trades as Harris-Teeter at 138 locations in NC, SC, TN, VA and GA.  The supermarkets occupy spaces of 30,000 sq.ft. to 60,000 sq.ft. in strip centers and freestanding facilities.  Growth opportunities are sought in the existing markets.

  For more information, contact Emily Watkins, Harris-Teeter, Inc., 701 Crestdale Drive, Matthews, NC 28105; 704-845-3100, Fax 845-3165.

 

Brookshire Brothers, Inc. trades as Brookshire Brothers at 64 locations in LA and TX.  The supermarkets occupy spaces of 25,000 sq.ft. to 55,000 sq.ft. in strip centers and freestanding facilities.  Growth opportunities are sought in the existing markets. 

  For more information, contact Jim Arnold, Brookshire Brothers, Inc., 1201 Ellen Trout Drive, Lufkin, TX 75901; 409-634-8155, Fax 633-4637.

 

Big V Supermarkets, Inc. trades as ShopRite at 30 locations in NJ, NY, PA and CT.  The supermarkets occupy spaces of 32,000 sq.ft. to 60,000 sq.ft. in power, strip and specialty centers as well as freestanding facilities.  Growth opportunities are sought in NY and CT.

  For more information, contact Timothy Flanagan, Big V Supermarkets, Inc., 176 N. Main Street, Florida, NY 10921; 914-651-4411, Fax 651-8354.

 

Cindor, Inc. trades as Mr. D's, Jubliee Foods and Jamboree at nine locations in MN, ND, SD and WI.  The supermarkets occupy spaces of 20,000 sq.ft. in strip centers and freestanding facilities.  Growth opportunities are sought in the existing markets.

  For more information, contact Don Stowe, Cindor, Inc., 312 S.E. Ninth Avenue, Watertown, SD 57201; 605-886-6929, Fax 886-8716.

 

Camellia Food Stores, Inc. trades as Be-Lo Foods, Food City and Meatland at 48 locations in DE, MD, NC and VA.  The supermarkets occupy spaces of 17,000 sq.ft. in power and strip centers as well as freestanding facilities.  Growth opportunities are sought in the existing markets.

  For more information, contact Guy Sykes, Camellia Food Stores, Inc., 1157 Production Road, Norfolk, VA 23502; 804-855-3371, Fax 853-7405.

 

The Grand Union Co. trades as Grand Union at 238 locations in CT, MA, NH, NJ, NY, PA and VT.  The supermarkets occupy spaces of 30,000 sq.ft. to 65,000 sq.ft. in strip centers, downtown store fronts and freestanding facilities.  Growth opportunities are sought in the existing markets.

  For more information, contact Raymond Ayers, The Grand Union Co., 201 Willowbrook Boulevard, Wayne, NJ 07470; 201-890-6000, Fax 890-6671.

 

Safeway Stores, Inc. trades as Safeway at 1,062 locations in AZ, CA, CO, HI, MD, MT, NM, OR, WA, AK, WY, SD, VA, NV, Washington, D.C. and western Canada.  The supermarkets occupy spaces of 40,000 sq.ft. to 60,000 sq.ft. in power and strip centers as well as freestanding facilities.  Plans call for for up to 30 openings in 1995 and up to 30 openings in 1996.  Expansion will take place in the existing markets.

  For more information, contact Don Wright, Safeway Stores, Inc., 201 4th & Jackson Street, Oakland, CA 94607; 510-891-3000, Fax 891-3224.

 

Clemens Markets, Inc. trades as Clemens Markets at 14 locations in PA.  The supermarkets occupy spaces of 40,000 sq.ft. to 55,000 sq.ft. in power and strip centers.  Plans call for up to four openings in the coming 18 months.  Expansion will take place in Southern PA.

  For more information, contact Jack Clemens, Clemens Markets, Inc., 616 East Main Street, Lansdale, PA 19446; 215-361-9000, Fax 393-9886.

 

Fulmer Supermarkets trades as Fulmer Foods at 14 locations in OH.  The supermarkets occupy spaces of 20,000 sq.ft. to 40,000 sq.ft. in power and strip centers as well as freestanding facilities.  Plans call for up to three openings in the coming 18 months.  Expansion will take place in OH.

  For more information, contact R.E. Kramer, Fulmer Supermarkets, 1804 N. Limestone Street, Springfield, OH 45503; 513-399-9751, Fax 399-9470.

 

Food Tenants

 

Dijan, Inc. trades as Arby's at 10 locations in PA, NJ, VA and WV.  The fast food restaurants occupy spaces of 500 sq.ft. in food courts, 2,400 sq.ft. in freestanding facilities and 3,500 sq.ft. in power and strip centers.  Growth opportunities are sought in the existing markets.

  For more information, contact Roy McDonald, Dijan, Inc., 1647 Forest Acre Drive, Clarks Summit, PA 18411; 717-343-0666, Fax 343-7784.

 

Del's Lemonade operates 33 locations nationwide.  The stores serve lemonade, popcorn, nachos, pretzels, and natural food drinks while using spaces of 1,000 sq.ft. in strip centers and freestanding facilities.  Push carts are also used.  Growth opportunities are sought ion FL, NC, AZ, MA, CT and CA.  Leases running five years with options are typical.

  For more information, contact Joe Padula, Del's Lemonade, 1260 Oaklawn Avenue, Cranston, R.I. 02920; 401-463-6190, Fax 463-7931.

 

Carrols Corp. trades as Burger King at 217 locations in CT, MA, ME, NC, NJ, NY, OH, PA, VT and MI.  The fast food restaurants occupy spaces of 3,500 sq.ft. in regional malls, strip centers and freestanding facilities.  Plans call for at least two openings in the coming 18 months.  Expansion will take place in OH and NY.  Also, growth opportunities in the company's other areas of operations will be considered.

  For more information, contact Rick Cross, Carrols Corp., 968 James Street, Syracuse, NY 13217; 315-424-0513, Fax 425-8874.

 

Sbarro, Inc. trades as Sbarro "The Italian Eatery" at 729 locations worldwide.  The fast food Italian restaurants occupy spaces of 600 sq.ft. in food courts and 4,800 sq.ft. in regional malls, power centers and freestanding facilities.  Plans call for 125 openings in the coming 18 months.  Expansion will take place nationwide.  The company is experimenting with a concept specializing in signature sandwiches, such as filet mignon and chicken.

  For more information, contact Lance Sturges, Sbarro, Inc., 763 Larkfield Road, Commack, NY 11725; 516-864-0200, Fax 462-9050.

 

Wenco Food Systems Corp., trades as Wendy's at 39 locations in NJ and NY.  The restaurants occupy freestanding facilities of 3,100 sq.ft. on a land area of 40,000 sq.ft. to 50,000 sq.ft.  Plans call for up to six openings in the coming 18 months.  Expansion will take place in NY.  Leases running 20 years with four five-year options are typical.

  For more information, contact Phillip Perri, Wenco Food Systems Corp., 110 Bi-County Boulevard/ Suite 109, Farmingdale, NY 11735; 516-694-7500, Fax 694-7540.

 

Taco John's of Iowa, Inc. trades as Taco John's at 12 locations in IA.  The Mexican fast food restaurants occupy spaces of 2,200 sq.ft. in end caps and freestanding facilities.  Plans call for three openings in the coming 18 months.  Expansion will take place in the existing market.

  For more information, contact Jason Buirne, Taco John's of Iowa, Inc., 2851 104th Street, Des Moines, IA 50322; 515-278-1818, Fax 278-9842.

 

Swensen's Ice Cream Co. trades as Swensen's Ice Cream at 200 locations nationwide.  Serving ice cream, sandwiches and candy, the stores use spaces of 1,300 sq.ft. in regional malls, strip centers and downtown store fronts.  Plans call for 15 openings in the coming 18 months.  Expansion will take place in CA, NV, AZ, NJ and NY.  Leases running 10 years are typical.

  For more information, contact Anthony Peretti, Swensen's Ice Cream Co., 91 Chesire Road, Wallingford, CT 06942; 203-265-5692.

 

America's Favorite Chicken Co. trades as Popeye's Chicken & Biscuit at 900 locations nationwide.  The fast food chicken restaurants occupy spaces of 750 sq.ft. to 2,100 sq.ft. in regional malls, strip centers and freestanding facilities.  Plans call for 140 openings in the coming 18 months.  Expansion will take place nationwide.  The company is also looking to expand into convenience stores, truckstop travel plazas and mass merchandisers.

  For more information, contact Terry Conley, America's Favorite Chicken Co., 6 Concourse Parkway/ Suite 1700, Atlanta, GA 30328; 404-391-9500, Fax 353-3074.

 

IMKP, Inc. trades as Red Hot Hens at one location in NJ.  The restaurant serves rotisserie chicken, hot and cold side dishes, sandwiches, salads and soup in a 2,400 sq.ft. freestanding facility.  Growth opportunities will be explored in NJ and PA by the end of the year.

  For more information, contact Philip Abdala, IMKP, Inc., 251 South Route 73, Marlton, NJ 08053; 609-983-4367, Fax 983-1076.

 

All American Frozen Yogurt & Ice Cream Shops operates 22 locations in OR, WA, ID, CO and TX.  The stores occupy spaces of 400 sq.ft. to 650 sq.ft. in regional malls.  Plans call for eight openings in the coming 18 months.  Expansion will take place in OR, WA, ID, CO, NV and CA.  Leases running eight years are typical.  The company is franchising.

  For more information, contact C.R. Duffie, Jr., All American Frozen Yogurt and Ice Cream Shops, 812 S.W. Washington Street/ Suite 1110, Portland, OR 97205; 503-224-6199, Fax 224-5042.

 

L.E. Associates is a franchisse of Kenny Rogers Roasters.  Pending a license agreement, the company plans to open five restaurants in Brooklyn and Queens, NY in addition to North NJ during 1995 and 12 more during 1996.  The restaurants will occupy spaces of 3,000 sq.ft. to 4,000 sq.ft. in end caps, downtown store fronts and freestanding facilities.  Leases running 15 to 20 years are typical.

  Alberto's operates one location in PA.  The upscale Italian bistro concept occupies spaces of 2,000 sq.ft. to 2,500 sq.ft. in regional malls.  Plans call for three openings in 1995 and 10 openings in 1996.  Expansion will take place in NY, NJ, CT, PA and DE.

  Major Steakhouse operates two locations in NY.  The sit down, full-service restaurants occupy spaces of 7,000 sq.ft. in downtown store fronts and suburban freestanding facilities.  Plans call for six openings in the coming 18 months.  Expansion will take place in NJ, NY and CT.

  Wok 'N Roll operates 15 locations in NY, NJ, PA, OH and HI.  The Chinese fast-food restaurants occupy spaces of 600 sq.ft. to 1,400 sq.ft. in regional malls, airports and within mass merchandisers and supermarkets.  Plans call for 10 openings in the coming 18 months.  Expansion will take place in MA, CT, NY, NJ, RI, PA, GA, OH, TX and HI.  Leases running 10 years are typical.

  Hospitality Associates trades as a franchisee of Fuddruckers at seven locations in NY, NJ and PA.  The restaurants occupy spaces of 5,000 sq.ft. to 6,000 sq.ft. in freestanding facilities.  Plans call for four openings in 1995 and six openings in 1996.  Expansion will take place in PA and Southern NJ.

  For more information, contact Paul Fetscher, c/o Great American Brokerage, 630 Third Avenue 18th Floor, New York, NY 10017; 212-557-7272, Fax 557-1685.

 

TCBY Enterprises, Inc. trades as TCBY at 3,000 locations nationwide and internationally.  The ice cream and yogurt stores occupy spaces of 1,200 sq.ft. in strip centers, regional malls and downtown store fronts.  Growth opportunities are sought nationwide.

  For more information, contact Mike Odom, TCBY Enterprises, Inc., 1100 TCBY TWR/ 425 W. Capital, Little Rock, AR 72201; 501-688-8229, Fax 688-8246.

 

Mr. Gatti's Inc. trades as Mr. Gatti at 210 locations in AL, AR, FL, GA, IN, KY, LA, MS, MO, NC, OH, SC, TN, TX, VA and WV.  The restaurants occupy spaces of 10,000 sq.ft. using in-line locations and freestanding facilities.  Growth opportunities are sought in the existing markets.

  For more information, contact Tom Ratcliffe, Mr. Gatti's Inc., 444 Sidney Baker S., Kerrville, TX 78028; 210-257-2000, Fax 257-2003.

 

Mrs. Fields, Inc. trades as Mrs. Field Cookies at 300 locations nationwide.  The cookie stores occupy spaces of 800 sq.ft. to 2,000 sq.ft. in regional malls.  Plans call for 20 openings in the coming 18 months.  Expansion will take place nationwide.  Leases running 10 years are typical.

  For more information, contact Russ Smith, Mrs. Fields, Inc., 333 Main Street, PO Box 4000, Park City, UT 84060; 801-649-1304, Fax 645-2143.

 

Lone Star Steakhouse & Saloon, Inc. trades as Lone Star Steakhouse & Saloon at 109 locations nationwide.  The restaurants occupy spaces of 5,500 sq.ft. in end caps, strip centers and freestanding facilities.  Plans call for 45 openings in the coming 18 months.  Expansion will take place nationwide.  The company also plans to open 10 restaurants internationally.  Leases running three to five years with options up to 20 years are typical.

  For more information, contact Ward Lawrence, Lone Star Steakhouse & Saloon, Inc., 224 E. Douglas/ Suite 700 Wichita, KS 67202; 316-264-8899, Fax 264-5988.

 

Flying Tomato, Inc. trades as Flying Tomato Pizza at 17 locations in IL, IN, OH and TX.  The pizza shops occupy spaces of 1,000 sq.ft. to 2,500 sq.ft. in regional malls, outlet, power, specialty and strip centers.  Preferred anchors include Wal*Mart, Kmart, T.J. Maxx and supermarkets.  Plans call for the opening of three units in the coming 18 months.  Expansion will take place in IL and IN.  Preferred demographics include a population of 200,000 within 20 miles earning $25,000 as the average income.  Leases running five to 10 years are typical.

  For more information, contact A. Ralph Senn, Flying Tomato, Inc., 313 North Mattis, Champaign, IL 61826-3189; 217-351-1020, Fax 351-0920.

 

La Salsa Franchise, Inc. trades as La Salsa at 47 locations in CA, VT, CO and AZ.  The fast food Mexican restaurants occupy spaces of 500 sq.ft. to 1,500 sq.ft. in regional malls, downtown store fronts, power and strip centers.  Preferred anchors include Lord & Taylor.  Plans call for 29 openings in the coming 18 months.  Expansion will take place in WA, OR, CA, NM, AZ, VT, CO, TX, FL, NY and Washington, D.C.  Preferred demographics include a population of 35,000 within three miles earning $35,000 as the average income. Leases running five years with options are typical.  The company is franchising.

  For more information, contact Larry Sarokin, La Salsa Franchise, Inc., 11601 Santa Monica Boulevard, Los Angeles, CA 90025; 310-575-4233.

 

Outback Steakhouse operates 230 locations in 33 states.  The restaurants occupy spaces of 6,200 sq.ft. in strip centers and freestanding facilities.  Preferred anchors include Pier 1, Blockbuster Video and movie theaters.  Plans call for 90 openings in the coming 18 months.  Expansion will take place in the Western region.  Preferred demographics include a population of 30,000 within five miles earning $35,000 as the average household income.  Leases running five years are typical.  The company is franchising.

  For more information, contact Denny Rouse, Outback Steakhouse, 550 North Reo Street/ Suite 204, Tampa, FL 33609; 813-282-1225, Fax 282-1209.

 

Daka International, Inc. trades as Fuddruckers at 162 locations in 28 states.  The restaurants occupy spaces of 4,800 to 5,900 sq.ft. in regional malls, power centers and freestanding facilities.  Preferred anchors include movie theaters and big-box users.  Plans call for 25 openings in the coming 18 months.  Expansion will take place in WA, NV, LA and AL.  Preferred demographics include a population of 80,000 within five miles earning $40,000 as the average income.  Leases running 15 years are typical.  The company is franchising.

  For more information, contact William T. Freeman, Daka International, Inc., 55 Ferncroft Road, Danvers, MA 01923-4001; 508-774-9900, Ext. 4604, Fax 774-8485.

 

International Dairy Queen, Inc. trades as Dairy Queen at 5,600 locations nationwide.  The fast food restaurants serve burgers, fries, sodas and ice cream while using spaces of 2,000 sq.ft. to 2,500 sq.ft. in strip centers, end caps and freestanding facilities.  Growth opportunities are sought nationwide.  Leases running seven to 10 years are typical.

  For more information, contact Eric LaVanger, International Dairy Queen, Inc., PO Box 39286, Minneapolis, MN 55439-0286; 612-830-0200, Fax 830-0450.

 

Wall Street Deli, Inc. trades as Wall Street Deli at 125 locations nationwide.  The restaurants use food court spaces of 600 sq.ft. to 800 sq.ft. and in-line spaces of 3,000 sq.ft.  Plans call for 12 openings in the coming 18 months.  Expansion will take place  nationwide.  Leases running 10 years are typical.

  For more information, contact Jeffrey V. Kaufman, Wall Street Deli, Inc., 3514 Lornaridge Road, Birmingham, AL 35216; 205-822-3960, Fax 822-5241.

 

My Favorite Muffin Too, Inc. trades as My Favorite Muffin at 55 locations nationwide.  The stores, selling muffins, pastries and cookies, occupy mall unit spaces of 500 sq.ft. to 600 sq.ft. and cafe unit spaces of 2,500 sq.ft. to 3,000 sq.ft. in strip centers.  Plans call for up to 50 openings in the coming 18 months.  Expansion will take place east of the Mississippi River.

  For more information, contact Ron Sommers, My Favorite Muffin Too, Inc., 15 Engle Street/ Suite 302, Englewood, NJ 07631; 201-871-0370, Fax 871-7168.

 

McDonalds Corp. trades as McDonalds at 260 locations in RI, CT, MA and NY.  The restaurants occupy spaces of 1,500 sq.ft. to 2,500 sq.ft. in freestanding facilities.  Plans call for the opening of 14 traditional units and 20 non-traditional units of 1,500 sq.ft.  Expansion will take place in the existing markets.

  For more information, contact Larry Carozella, McDonalds Corp., 300 Dayhill Road, Windsor, CT 06095; 203-683-2200, Fax 683-2213.

 

Kentucky Fried Chicken operates 5,100 locations nationwide.  The fast food restaurants occupy freestanding facilities on a land area of 35,000 sq.ft.  Preferred anchors include supermarkets and discount department stores.  Plans call for 40 openings in the coming 18 months.  Expansion will take place nationwide.  Preferred demographics include a population of 30,000 within one and one-half miles.  Leases running 15 years are typical.  The company is franchising.

  For more information, contact David Cattell, Kentucky Fried Chicken, PO Box 32070, Louisville, KY 40213; 502-456-8300, Fax 456-8848.

 

Fox's Pizza Den, Inc. trades as Fox's Pizza Den at 157 locations in PA, OH, MD, VA, WV, NY, GA and AL.  The restaurants occupy spaces of 1,000 sq.ft. to 1,500 sq.ft. in strip centers and freestanding facilities.  Plans call for 20 openings in the coming 18 months.  Expansion will take place in the existing markets.  Leases running five years with a five-year renewal option are typical.

  For more information, contact Jim Fox, Fox's Pizza Den, Inc. 3243 Old Frankstown Road, Pittsburgh, PA 15239; 412-733-7888.

 

Sea Galley Stores, Inc. trades as Sea Galley at 17 locations in WA, AK and ID.  The restaurants occupy spaces of 6,500 sq.ft. to 8,500 sq.ft. in freestanding facilities.  Plans call for three openings in the coming 18 months.  Expansion will take place in the existing markets.  Preferred demographics include a population of 100,000 within 50 miles earning at least $30,000 as the average income Leases running ten years are typical.  The company is franchising.

  For more information, contact Kyle Kumasaka, 7116 220 S.W. Lynwood, WA 98046; 206-775-0411, ext. 203.

 

Shoe Store Chains Size Up Need for New Sites

 

Bee-Gee Shoe Corp., which has operates the El-Bee Shoe store chain for over 25 years, is rolling out a concept called Shoebilee.  The company's newest format features bookcase-style shoe displays, accent and back wall lighting and focus panels in addition to a children's area that features a video screen.  Developed last year, Shoebilee stores offer shoes for the entire family, including major name-brand shoes not found in the El-Bee Shoe stores.  Currently, Shoebilee operates three locations in OH and PA.  The stores use spaces of 5,000 sq.ft. to 7,000 sq.ft. in outlet, power, strip and value retail centers.  Preferred anchors include women's fashion stores, T.J. Maxx, Marshalls, Fashion Bug, Sears and Wal*Mart.  The company plans aggressive expansion by adding 10 stores in 1995, another 15 to 20 stores in 1996, and 20 to 25 stores in 1997.  Expansion will take place in IL, MI, OH, IN, Western NY and Western PA.  Preferred demographics include a population of 40,000 within five miles earning $45,000 as the average household income.

  The 120-unit El-Bee Shoe chain operates locations in OH, IL, IN, MI and PA.  The stores occupy spaces of 5,000 sq.ft. to 7,000 sq.ft. in power and outlet centers.  Preferred anchors include women's fashion stores, T.J. Maxx, Marshalls and supermarkets.  The company plans to convert El-Bee Shoe stores to Shoebilee stores are their leases expire.

  For more information, contact Robert L. Bedore, Bee-Gee Shoe Corp., 3055 Kettering Boulevard/ Suite 200, Dayton, OH 45439; 513-643-7405, Fax 643-7460.

 

Red Wing Shoe Co., trades as Red Wing Shoe Store at 400 locations nationwide.  The stores occupy spaces of 1,000 sq.ft. to 1,500 sq.ft. in strip centers.  Plans call for 12 openings in the coming 18 months.  Expansion will take place nationwide.  Leases running three years with a three-year option or five years with a five-year option are typical.

  For more information, contact John Key, Red Wing Shoe Co., 314 Main Street, Red Wing, MN 55066; 612-388-8211, Fax 388-7415.

 

Felts Family Shoe Stores trades as Felts Shoes at nine locations in AR and OK.  The stores occupy spaces of 1,800 sq.ft. in strip centers and downtown store fronts.  Preferred anchors include Wal*Mart and supermarkets.  Plans call for two openings in the coming 18 months.  Expansion will take place in OK.  Preferred demographics include a population of 40,000 within 10 miles earning $40,000 as the average income.  Leases running three to five years are typical.

  For more information, contact Byrce Felts, Felts Family Shoe Stores, 107 North Muskogee Street, Tahlequah, OK 74465; 918-456-3220.

 

Tradehome Shoe Stores, Inc. does business as Tradehome Shoes at 67 locations in IA, MN, SD, ND, WI, NE, MI and KS.  The family shoe stores occupy spaces of 2,400 sq.ft. in regional malls.  Growth opportunities are sought in the existing markets.  Leases running five years with options are typical.

  For more information, contact Donald Mains, Tradehome Shoe Stores, Inc., 429 North Prior Avenue, St. Paul, MN 55104; 612-646-1345, Fax 646-2705.

 

Shoe Carnival, Inc. trades as Shoe Carnival at 89 locations in AL, GA, IA, IL, IN, KS, KY, MI, MN, MO, NC, OH, SC, TN and WV.  The stores, which sell shoes, accessories and athletic clothing, occupy spaces of 10,000 sq.ft. in power and strip centers.  Plans call for 10 openings in the coming 18 months.  Expansion will take place in the Midwest.

  For more information, contact Paul Kinney, Shoe Carnival, Inc. 8233 Baumgart Road, Evansville, IM 47711; 812-867-4105, Fax 867-4243.

 

Home Furnishings & Housewares

 

Westco Group Inc. trades as Mattress Warehouse and Sleepfair at 52 locations in OH, KY, TN and IN.  The bedding stores occupy spaces of 5,000 sq.ft. to 10,000 sq.ft. in power centers and freestanding facilities.  Preferred anchors include Wal*Mart, Target, Kmart, home improvement stores and supermarkets.  Plans call for up to 10 openings in the coming 18 months.  Expansion will take place in the existing markets.  Preferred demographics include a population of 100,000 within three miles earning an average income of $40,000.  Leases running five years are typical.

  For more information, contact Jack Williams, Westco Group, Inc., c/o Russ Price Realty Co., 1745 Merriman Road/ Suite 300, Akron, OH 44313; 216-864-1966, Fax 864-2815.

 

Pier 1 Imports operates 635 locations nationwide.  The home furnishings stores occupy spaces of 9,000 sq.ft. in freestanding facilities and power centers.  Preferred anchors include Marshalls and Borders Books.  Plans call for 50 openings in the coming 18 months.  Expansion will take place nationwide.

  For more information, contact Director of Real Estate, Pier 1 Imports, 301 Commerce Street, Fort Worth, TX 76102; 817-878-8000, Fax 878-7888.

 

Euromarket Design, Inc. trades as Crate and Barrel at 51 locations in CA, IL, MA, ME, MN, TX, VA, MD, FL, GA, MI, NY and Washington, D.C.  The housewares/home furnishings stores occupy spaces of 13,000 sq.ft. in regional malls.  Preferred anchors include Nordstroms, Banana Republic and specialty stores.  Plans call for five openings in the coming 18 months.  Expansion will take place in NY, NJ, CA and CT.  Preferred demographics include a population of 50,000 within five miles earning $60,000 as the average household income.  Leases running 15 years are typical.

  For more information, contact Steve Nulsen, Euromarket Design, Inc., 725 Landwehr Road, Northbrook, IL 60062; 708-272-2888, Fax 272-6841.

 

Lamps Plus, Inc., trades as Lamps Plus at 39 locations in CA, NV, CO, AZ and WA.  The lighting, ceiling fans and accessories stores occupy spaces of 11,000 sq.ft. to 12,000 sq.ft. in power centers and freestanding facilities.  Plans call for up to four openings in 1996.  Expansion will take place in OR and TX.

  For more information, contact Jerry Bass, Lamps Plus, Inc., 20250 Plummer Street, Chatsworth, CA 91311; 818-886-5267, Fax 886-1011.

 

William Sonoma, Inc. trades as William Sonoma and Pottery Barn at 217 locations nationwide.  Offering upscale housewares, the William Sonoma stores occupy spaces of 4,000 sq.ft. to 6,000 sq.ft. and the Pottery Barn stores occupy spaces of 6,000 sq.ft. to 10,000 sq.ft. in regional malls, specialty centers and freestanding facilities.  Plans call for up to 40 openings in the coming 18 months.  Expansion will take place nationwide.  Leases running 10 to 12 years are typical.

  For more information, contact Arthur Tropp, William Sonoma, Inc., 100 North Point Street, San Francisco, CA 94133; 415-421-7900, Fax 983-9887.

 

Corning Consumer Products Co. trades as Corning Revere Factory Stores at more than 150 locations nationwide.  The stores, selling Corning Ware, Pyrex, Revere Ware, Corelle and Vision products, occupy spaces of of 4,500 sq.ft. in outlet centers.  Growth opportunities are sought nationwide.

  For more information, contact Carl Hook, HP-E-1-8, Corning, NY 14381; 914-771-8074.