|
Home Furnishings Retailers Expanding Nationwide
|
|
|
Home Furnishings Retailers Expanding Nationwide
DJM Asset Management LLC represents Domain, a 23-unit chain with locations in CA, MA, MD, NJ, NY, PA and VA. The home furnishings company utilizes spaces of 5,000 sq.ft. to 6,000 sq.ft. in specialty centers or freestanding facilities, regional malls and downtown (storefronts) with upscale co-tenants. Expansion opportunities are sought in the existing markets. Demographic requirements include a population of 100,000 in a three-mile radius with upper-average incomes. For more information, contact James Avallone or Neil Kelly, c/o DJM Asset Management LLC, 445 Broad Hollow Road, Suite 417, Melville, NY 11747; 516-752-1100, Fax 752-1231, E-mail nkelly@jdmasset.com or javallone@djmasset.com, Web site www.djmasset.com.
Blinds To Go, Inc. operates approximately 100 stores specializing in all types of window coverings, blinds and shades in CT, Washington, D.C., MA, MD, MI, NY, NY, PA, VA and Canada. Expansion plans call for 60 openings in Washington, D.C., FL, GA, MA, MD, MI, NC, NY, NY, OH, PA, SC and VA in the coming 18 months. Spaces of 3,000 sq.ft. to 5,000 sq.ft. are of interest in freestanding locations or strip centers (endcaps). Demographic requirements include a trade area population of 200,000. Typical leases run 10 years with four five-year options. Home improvement or home furnishing-oriented stores are preferred co-tenants. For more information, contact Branson Edwards, Blinds To Go, Inc., 21 Middlesex-Essex Turnpike Annex Building, Iselin, NJ 08830; 732-321-5000, Fax 321-1293, E-mail bedwards@blindstogo.com.
Lee & Associates Commercial R.E. represents Dunn-Edwards Paints, a 70-unit chain with locations in AZ, CA, CO, NV, NM and TX. Expansion plans call for as many as eight openings in AZ, CA and NV in the coming 18 months. Spaces of 8,000 sq.ft. to 10,000 sq.ft. in specialty centers are of interest. For more information, contact Bruce Heathcote, Lee & Associates Commercial R.E., 15615 Alton Parkway, Suite 150, Irvine, CA 92618; 949-727-1200, Fax 727-1299.
Mattress Giant Inc. operates approximately 200 Mattress Giant bedding and mattress stores in DE, MD, FL, IL, MA, MN, MO, NH, NJ, PA, RI, TX and VA. Expansion plans call for 75 openings in FL (south and central), IL (Chicago), MA (Boston), MI (Detroit), MN (Minneapolis), PA (Philadelphia) and TX (Dallas/Houston) in the coming 18 months. Spaces of 4,000 sq.ft. to 6,000 sq.ft. in freestanding locations are of interest. Demographic requirements include a population of 250,000 within a 10-mile radius earning $45,000 as the average income. Preferred co-tenants include Circuit City, Best Buy and Pier One. Typical leases run five years. For more information, contact Michael Ullian, Mattress Giant Inc. c/o Rada Realty, 1600 N.E. 12th Terrace, Ft. Lauderdale, FL 33305; 954-832-9903, Fax 832-9971.
Lamps Plus, Inc. operates 38 locations in AZ, CA, CO, NV, OR and WA. The lighting, ceiling fans and accessories stores occupy spaces of 11,000 sq.ft. to 12,000 sq.ft. in power or specialty centers. Four openings are planned during the coming 18 months in Dallas, TX. Demographic requirements include population of 250,000 residing within five miles earning $60,000 as the average income. Typical leases run 10 years. For more information, contact Jerry Bass, Lamps Plus, Inc., 20250 Plummer Street, Chatsworth, CA 91311; 818-886-5267, Fax 886-1011.
General Industries trades as Rugs & Home Accessories at 10 locations in CA. The company, offering rugs and furniture from around the world, plans 12 openings in the coming 18 months. Expansion will take place in CA. Spaces of 10,000 sq.ft. in strip or outlet centers, freestanding facilities, malls or downtown storefronts are of interest. The company prefers to purchase, but will sign a 10-year lease. For more information, contact Ze Itzshah, General Industries, P.O. Box 10866, Costa Mesa, CA 92627; 714-557-0402, Fax 557-1305.
Norwalk Furniture does business as Norwalk - The Furniture Idea at 90 locations nationwide and in Canada. The stores, selling better lines of home furnishings, occupy spaces of 3,000 sq.ft. to 5,000 sq.ft. on a land area of one-half acre in freestanding locations, preferably near Ethan Allen, Pier One or Homeplace. Expansion plans call for 20 openings in CA, FL, NJ, TX, UT and WA in the coming 18 months. Demographic requirements include a population of 150,000 within a five-mile radius earning $50,000 as the average income. Typical leases run five years, and a vanilla shell is required. Average annual sales are $300 psf. The company is franchising. For more information, contact Mark Schillaci, Norwalk Furniture, 815 Crocker Road, Suite 5, Westlake, OH 44145; 440-871-6056, Fax 440-871-6057.
Summit Naked Furniture, specializing in ready-to-finish and custom furnishings, trades as Naked Furniture at 37 locations east of the Mississippi. Expansion plans include six openings east of the Mississippi in the coming 18 months. Spaces of 6,000 sq.ft. to 8,000 sq.ft. are of interest in strip centers or freestanding locations, preferably near other furniture stores. Demographic requirements include a population of 300,000 within a 10-mile radius earning $60,000 as the average income. Leases running five years with two five-year options are typical. The company is franchising. For more information, contact Bruce MacGowan or Thomas Erlandson, Summit Naked Furniture, P.O. Box F, Clark Summit, PA 18411; 570-587-7800, Fax 586-8587
Kwal-Howells, Inc. does business as Kwal Howells Paint & Wallpaper, selling paint, wall coverings and related sundries at 54 stores in CO, ID, KS, MO, NM, TX, and UT. Plans call for eight openings in KS, MO and TX in the coming 18 months. Spaces of 6,000 sq.ft. in strip centers or freestanding facilities, preferably near Target, are of interest. Average leases run three years and a vanilla shell is required. The stores average annual sales of $375 psf. For more information, contact Miles Tunno or Bryan Roughton, Kwal-Howells, Inc., 3900 Joliet Street, Denver, CO 80239; 303-371-5600, Fax 373-5688, Web site www.kwal-howells.com.
McMahan’s Furniture Co. operates 23 home furnishings stores in CA, NV and OR. Plans call for three openings in WA in the coming 18 months . Spaces of 20,000 sq.ft. in freestanding locations, strip centers or downtown storefronts are of interest. Demographic requirements include a population of 100,000 within a 10-mile radius earning $40,000 as the average income. Typical leases run five to 10 years and a vanilla shell is required. For more information, contact Taylor Ganz, McMahan’s Furniture Co., 2237 Colby Avenue, Los Angeles, CA 90064; 310-473-8411, Fax 445-3965.
Marburn Stores, Inc. operates 19 Marburn Curtain Warehouse locations in NJ, NY and PA. The company projects opening four stores in its existing markets in the coming 18 months. Spaces of 7,500 sq.ft. to 10,000 sq.ft. are required in specialty centers, preferably near Kohls, Target, Kmart or Linens & Things. Typical leases run 15 years and a vanilla box is required. Average sales are $250 psf. For more information, contact Bernard Hinden or Richard Perez, Marburn Stores, Inc., 225 Walker Street, Cliffside Park, NJ 07010; 201-943-0222, Fax 943-3820.
Aaron Rents Inc. does business as Aaron’s and Aaron Rents at 500 locations nationwide. Plans call for 150 openings nationwide in the coming 18 months. Spaces of 6,000 sq.ft. to 18,000 sq.ft. are of interest in strip centers and freestanding facilities. Wal*Mart, Kmart and supermarkets are preferred co-tenants. Demographic requirements include a population of 60,000 within a three-mile radius earning $40,000 as the average income. Typical leases run five years. For more information, contact Marc or Kent Rogovin, Aaron Rents, 309 East Paces Ferry Road NE, Atlanta, GA 30305; 404-231-0011, Fax 240-6560, Web site www.aaronrents.com.
South Dakota Furniture Mart does business as Love It Furniture and Medford Furniture Outlet at 14 locations in IA, MN, ND and SD. Plans call for four openings in MN during the coming 18 months. Spaces of at least 30,000 sq.ft. in freestanding facilities, outlet and strip centers are of interest. Typical leases run five years with options. The firm also does business as UCF Clearance Center and Unclaimed Freight. For more information, contact Bill Hinks, South Dakota Furniture Mart, 5620 West Ninth Street, Sioux Falls, SD 57107; 605-336-5000, Fax 336-5010.
Homeplace of America Inc., carrying a full array of home decor items, from kitchen items and small appliances to bed and bath accessories, trades as Homeplace at 117 locations in 26 states. Plans call for 25 openings in the coming 18 months in the existing market. Spaces of 45,000 sq.ft. in strip or power centers and freestanding locations are of interest, with Target, Home Depot, TJ Maxx, Ross and supermarkets being preferred co-tenants. Demographic requirements include a population of 50,000 within a three-mile radius earning $50,000 as the average household income. Leases running 15 years are typical. For more information, contact Marc Campbell, Homeplace of America, Inc., 3200 Pottery Drive, Myrtle Beach, SC 29579; 843-236-4606, Fax 236-7718, Web site www.homeplace.com.
Russ Price Realty Co. represents Westco, a retailer of mattresses, brass and iron beds, with 50 locations in IN, KS, KY, MO, OH and TN. Plans call for 10 openings in the existing markets in the coming 18 months. Spaces of 8,000 sq.ft. to 10,000 sq.ft. in power centers or freestanding locations are of interest. Demographic requirements include a population of 100,000 in a five-mile radius earning $40,000 as the average income. Typical leases run five to ten years and a vanilla shell is required. For more information, contact Jack Williams, c/o Russ Price Realty Co., 1745 Merriman Road, Suite 300, Akron, OH 44313; 330-864-1966, Fax 864-2815.
Raymour & Flannigan Furniture operates 40 furniture and appliance stores in CT, MA, NJ, NY and PA. Plans call for 12 openings in DE, NJ (southern) and PA (Philadelphia) in the coming 18 months. Locations of 60,000 sq.ft. are sought in power and strip centers. Preferred co-tenants are Home Depot or Barnes & Noble. Typical leases run 15 years. For more information, contact Tom Hornstein, Raymour & Flannigan Furniture, P.O. Box 220, Liverpool, NY 13088; 315-453-2500, Fax 453-2570.
Parker Paint Manufacturing, Inc. trades as Parker Paint at 39 stores in OR and WA. Growth opportunities are sought in the existing markets. Spaces of 3,000 sq.ft. to 4,000 sq.ft. in strip centers or freestanding locations are of interest as well as spaces of 2,500 sq.ft. to 5,000 sq.ft. in industrial areas. For more information, contact Tim Dunbas, Parker Paint Manufacturing, Inc., 3003 South Tacoma, Tacoma, WA 98409; 253-473-1122, Fax 473-0448.
Westlake Ace Hardware, Inc. operates 65 hardware stores throughout AR, IA, KS, MO, NE, NM, OK and TX. Plans call for 12 openings in the coming 18 months. Expansion will take place in the existing markets. Spaces of 22,000 sq.ft. in strip centers, with grocery or drug stores as co-tenants are of interest. Typical leases run five years and a vanilla shell is required. For more information, contact Chris Hula, Westlake Ace Hardware, Inc., 15501 West 99th Street, Lenexa, KS 66219; 913-888-0808, Fax 888-2153.
Vidalia Naval Stores Co. trades as Choo Choo Build-It Mart at eight locations in GA. Plans call for one opening during the next 18 months in GA. Spaces of 5,000 sq.ft. to 25,000 sq.ft. in freestanding facilities are of interest. Demographic requirements include a population of 25,000 within five miles earning $30,000 as the average income. Typical leases are 15 to 20 years with specific improvements required. For more information, contact Gary Campbell, Vidalia Naval Stores Co., P.O. Box 1659, Vidalia, GA 30474; 912-537-8964, Fax 537-4839.
Bed Bath & Beyond operates 240 home decor and housewares stores nationwide. Plans call for 100 openings nationwide in the coming 18 months. Spaces of 25,000 sq.ft. to 75,000 sq.ft. are sought in power, strip, entertainment, specialty, outlet and mixed-use centers, malls, downtown storefronts and tourist areas. For more information, contact Seth Geldzahler, Bed Bath & Beyond, 650 Liberty Avenue, Union, NJ 07083; 908-688-0888, Fax 688-8385.
Franchise Concepts Inc. trades as Deck The Walls at 198 locations nationwide. The art and custom framing stores use 1,500 sq.ft. to 1,800 sq.ft in power and specialty centers and regional malls. Plans call for 12 openings nationwide in the coming 18 months. Typical leases run 10 years. The company is franchising. Franchise Concepts Inc. also trades as The Great Frame Up at 125 locations nationwide. Spaces of 1,500 sq.ft. to 1,800 sq.ft. are sought in open air centers with supermarket or big-box anchors. Plans call for 25 openings nationwide in the coming 18 months. Typical leases run five years with options. For more information, contact Charles Valles, Franchise Concepts Inc., 100 Glenborough, 14th Floor, Houston, TX 77067; 281-775-5263, Fax 775-5250, Web site www.franchiseconceptsinc.com.
Frames Unlimited, Inc. trades as Frames Unlimited at 38 locations throughout IN, MI and OH. Plans call for three openings in the existing markets during the next 18 months. Spaces of 2,500 sq.ft. are sought in strip centers preferably co-tenanted by Kroger, Hallmark or other upscale tenants. Typical leases run five years. For more information, contact Mark Lovett, Frames Unlimited, Inc., 3343 Lousma Drive, Wyoming, MI 49548; 616-452-8737, Fax 452-6981, E-mail contactus@framesunlimited.com, Web site www.framesunlimited.com.
Warehouse Home Furnishings Dist. Inc. trades as Farmers Furniture, Appliances at 110 locations in AL, FL, GA and SC. Plans call for six openings in GA during the coming 18 months. Locations of 10,000 sq.ft. to 18,000 sq.ft. are sought in strip centers and freestanding locations. Demographic requirements include a population of 10,000 in a 10-mile radius earning $25,000 as the average annual income. Typical leases are five years with options. For more information contact Robert Garrett, Warehouse Home Furnishings Dist. Inc., Highway 441 South, Dublin, GA 31021-4845; 921-275-6137, Fax 275-6136, E-mail rgarrett@farmersfurniture.com.
Menard Inc. trades as Menard’s at 145 locations in IL, IA, MI, MN, NE, ND, SD and WI. The home improvements stores occupy spaces of 165,000 sq.ft. in power centers and freestanding facilities. Plans call for 18 openings in the coming 18 months. The company prefers to own its facilities, and is actively seeking expansion opportunities. For more information, contact Marv Prochaslea, Menard Inc., 4777 Menard Drive, Eau Claire, WI, 54703; 715-876-2077, Fax 876-2868.
Ace Hardware Corp. trades as Ace Hardware at more than 5,500 locations nationwide. The home improvement stores, selling hardware and related lines, occupy spaces of 10,000 sq.ft. to 12,000 sq.ft. in strip centers and freestanding facilities. Preferred demographics include a population of 10,000 residing within one mile earning $40,000 as average income. The company is franchising. Supermarkets are preferred co-tenants. A vanilla shell is required and leases running five years are typical. For more information, contact Michael Loughnane, Ace Hardware Corp., 2200 Kensington Avenue, Oakbrook, IL 60523; 630-472-4732, Fax 990-9756.
|