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Exclusives
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Exclusives
DJM Asset Management (631-752-1100) has been retained to dispose of leases in the Levitz Furniture Corporation Chapter 11 bankruptcy case. The company will market five freestanding leases in spaces ranging from 93,000 sq.ft. to 245,000 sq.ft. in Fort Lauderdale, FL,College Park, GA, Indianapolis, IN and Fort Worth and El Paso, TX. All offers are due immediately on the five properties.
Metro Commercial Management Services (610-525-3345) has been named exclusive leasing agent and property manager for Lee Newman Plaza, a 14,000 sq.ft. shopping center anchored by Lee Newman Men’s Clothing, Zinman Furs and Paramitos Jewelry in Cherry Hill, NJ.
CNM Associates (404-869-7016) has been named exclusive leasing and management agent for Shenandoah Plaza, a 141,072 sq.ft. shopping center on Bullsboro Drive in Newman, GA.
Neal Realty & Investments (954-568-0530) has the exclusive leasing and development contracts for 13 spaces in Dade, Broward and Palm Beach counties in FL totaling approximately 600,000 sq.ft.
Holliday, Fenoglio & Fowler (214-265-0880) has been appointed exclusive broker for the sale of 11 newly-constructed multi-screen theaters for Regal Cinemas. The theaters are located in nine major metropolitan areas including Portland, OR; Baltimore, MD; Richmond, VA; San Diego, CA; San Francisco, CA; Washington, D.C.; Atlanta, GA and Austin, TX.
Cornerstone Commercial Real Estate, Inc. (630-565-3800) is the exclusive leasing agent for Cigarettes Cheaper!, which operates more than 600 stores in 24 states. The company is seeking spaces of 600 sq.ft. to 1,200 sq.ft. in high-volume supermarket-anchored shopping centers nationwide.
R.L Pratt & Associates Inc. (310-577-1414) has the exclusive leasing assignment for Fashion Bug in southern CA. The apparel stores occupy spaces of 8,000 sq.ft. in power and strip centers. Plans call for 30 openings in the market. Demographic requirements include a population of 80,000 residing within two miles earning $45,000 to $50,000 as average household income.
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