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Lease Signings
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Lease SigningsCafaro
Company
(330-747-2661) brokered a lease for 2,923 sq.ft. at Millcreek Mall
located in Erie, PA and 3,810 sq.ft. in Ohio Valley Mall, both to Leather
Limited; 2,513 sq.ft. at Maplecrest Plaza located in Kokomo, IN and
1,312 sq.ft. at Northwest Plaza, both to Cigarettes Cheaper;
3,250 sq.ft. to Piccolo Wine Shoppe at San Marco Plaza located
in Sandusky, OH; and 1,312 sq.ft. to Fantastic Sams at Northwest
Plaza located in Muncie, IN. Divaris
Real Estate
(757-497-2113) leased 25,650 sq.ft. to MARS, The Musicians Planet at
the Southwest Commons Shopping Center located at the intersection of
Wadsworth and Cross Drive in Denver, CO.
The center is anchored by Office Depot, Kmart, Hobby Lobby and Cost
Plus. The company leased 2,976 sq.ft. to Golf USA at Gallery
Shoppes located on Richmond Road in Lightfoot, VA.
The company also represented the landlord, Rite Aid
Corporation, in the leasing of 6,000 sq.ft. to Dollar General at Gaytoon
Crossing Shopping Center located on Gaskins Road in Richmond, VA.
Capitol
Real Estate Services, Inc.
(410-265-5810) leased 5,054 sq.ft. to Von-A-Don at Security
Square Mall, a 1.2 million sq.ft. mall located on Security Boulevard in
Baltimore, MD. CB
Richard Ellis
(602-222-4343) completed nine leases at The Village at Desert Ridge, a
350,000 sq.ft. retail project located at the northeast corner of the Loop 101
Freeway and Tatum Boulevard in north Phoenix.
The largest recent lease was for a 15-year term to Jillians,
a 63,000 sq.ft. entertainment/restaurant facility.
Other recent lessees include Ultimate electronics (34,000 sq.ft.)
California Pizza Kitchen (5,000 sq.ft.), El Paso BBQ (7,200
sq.ft.) and Mimis Cafe (6,500 sq.ft.). NAI
Harvey Lindsay
(757-640-8700) leased 29,000 sq.ft. to Consignment City and 1,586 sq.ft.
to Mailboxes, Etc., both at Woods Corner Shopping Center located
in Virginia Beach, VA; 3,575 sq.ft. to Shanghai Restaurant at Washington
Square in Grafton, VA; and 1,925 sq.ft. to Masters Bread Cafe at Volvo
Parkway Shopping Center located in Chesapeake, VA. Charter
Realty & Development (203-629-3939)
leased 86,000 sq.ft. to Kohls department store at Groton Square,
a 191,000 sq.ft. shopping center located on Route 12 in Groton, CT.
The lease was co-brokered with Spaulding & Slye; 32,000
sq.ft. to Big Lots/Big Lots Furniture at Danvers Crossing, a
175,000 sq.ft. shopping center anchored by Office Max and located on
Route 1 in Danvers, MA. Katz
& Associates co-brokered the lease; 25,000 sq.ft. to A.J. Wright
at Springfield Plaza, a 525,000 sq.ft. shopping center anchored by Kmart
and Stop & Shop, and located on Liberty Street in Springfield, MA. Atlantic
Realty co-brokered the lease; 60,000 sq.ft. to Ames at Bridgeview
Plaza a 140,358 sq.ft. shopping center anchored by Grand Union and
located on Route 9W in Bridgeview, NY; and 45,000 sq.ft. to Ollies
Discount Store at Richland Mall, a 186,264 sq.ft. shopping center
anchored by The Bon-Ton and Redners Market, and located on
Route 309 in Quakertown, PA. Metro
Commercial Real Estate
(856-866-1900) represented the landlord in the leasing of 2,850 sq.ft. to Blockbuster
Video at Festival at Hamilton, a 175,000 sq.ft. shopping center
anchored by Acme and Pier 1 Imports, located on the Black Horse
Pike in Atlantic County, NJ. The
lease was valued at $346,000; 1,690 sq.ft. to Charleys Steakhouse at
Tilghman Square Shopping Center, a 235,000 sq.ft. center anchored by Acme
and AMC Theaters, located at the intersection of Broadway and Hausman
Roads in Allentown, PA. The lease
was valued at $126,750; 3,200
sq.ft. to Dollar or Two at Town & Country Shopping Center, a
150,000 sq.ft. shopping center anchored by Shop Rite and Office
Depot, located in West Chester, PA. The
lease was valued at $220,000; and represented the lessee in the leasing of
1,500 sq.ft. to GNC at Hammonton Square, a 151,000 sq.ft.
shopping center anchored by Wal*Mart and Super Fresh, located at
the intersection of the White Horse Pike and Middle Road in Hammonton, NJ.
The lease was valued at $125,000. Developers
Diversified Realty
(216-755-5450) leased 50,000 sq.ft. to Best Buy at Spring Creek
Centre, a 580,000 sq.ft. shopping center located at the intersection of
Route 71B and Highway 471S in Fayetteville, AR. Anchors include Wal*Mart Supercenter, Home Depot, Bed,
Bath and Beyond, TJ Maxx, Old Navy and Shoe Carnival. The
company also leased 50,000 sq.ft. to Value City Furniture at Belden
Park Crossing located in Canton, OH.
The 585,000 sq.ft. center is anchored by Target, Kohls, Dicks
Sporting Goods, Home Place, Jo Ann Etc., PETsMART, Cost Plus and Factory
Card Outlet. Equity
Investment Group
(404-364-2984) brokered the leasing of 12,322 sq.ft. to Family Dollar
at Dixie Village Shopping Center, a 222,528 sq.ft. center located in
Gastonia, NC. The lease runs five
years; 6,604 sq.ft. to Final Markdown at Eastland Square Shopping
Center, a 133,478 sq.ft. shopping center located in Columbia, OH.
The lease runs two years; 3,000 sq.ft. to Malibu Tanning at Elkhart
Market Centre, a 349,115 sq.ft. shopping center located in Goshen, IN.
The lease runs five years; 1,500 sq.ft. to Abbotts Window
Fashions at Springbrook Plaza, a 174,353 sq.ft. shopping center
located in Canton, OH; and 1,200 sq.ft. to Cigarettes Cheaper also at Eastland
Square Shopping Center. Flocke
& Avoyer (619-280-2600)
represented Great Clips for Hair in the leasing of 949 sq.ft. at Twin
Peaks Plaza in Poway, CA. The
five-year lease was valued in excess of $117,000; represented Brueggers
Bagels in the leasing of 1,500 sq.ft. to at Carlsbad Plaza
Shopping Center located on Formula Place in San Diego, CA.
The five-year lease was valued in excess of $235,000; represented Togas
Sandwich Shop in the leasing of 1,373 sq.ft. at Mira Mesa Market Center
located on Mira Mesa Boulevard in San Diego, CA.
The 10-year lease was valued in excess of $542,000; and represented the
Eastlake Company, LLC in the leasing of 4,500 sq.ft. to Blockbuster
at Eastlake Village South located in Chula Vista, CA.
The 10-year lease was valued in excess of $1.144 million. JBG
Rosenfeld
(301-657-7335) leased 50,778 sq.ft. to Giant Food Stores at Alexandria
Commons Shopping Center located in Alexandria, VA.
The space was formerly occupied by Hechingers.
Giant has begun build out and expects to open the new prototype,
full-service supermarket during Spring 2001. United
Commercial Realty/ChainLinks
(214-526-6262) represented the landlord in leasing space to Little Gym at
Allen Central Market located at the southwest corner of McDermott and
Highway 75 in Allen, TX; the company represented both the lessor and lessee in
the leasing of 15,700 sq.ft. to Petco Animal Supplies, Inc. and 2,400
sq.ft. to A&W Root Beer Restaurant, and represented the lessor in
the leasing of 10,000 sq.ft. to Famous Footwear, at Watauga Towne
Crossing located at the intersection of Highway 377 and North Tarrant
Parkway in Watauga, TX; and the company represented the lessee, Anteks Home
Furnishings, in the leasing of 5,184 sq.ft. at Polo Towne Crossing
located at the northeast quadrant of North Dallas Parkway in Plano, TX. Lamar
Companies
(610-442-0030) leased three anchor spaces to A.J. Wright, Lucille Roberts
and Odd Jobs at Independence Plaza located in Hamilton, NJ.
An end cap position of 15,000 sq.ft. remains available, and the company
will build to suit. Pace
Properties
(314-394-3301) represented the lessee, DEAL$, in the leasing of 10,000
sq.ft. from Capitol Land at Southroads Center located on Tesson
Ferry Road in St. Louis, MO; 8,000 sq.ft. from GJ Grewe at Gravois
Bluffs Shopping Center located in St. Louis, MO; and 7,200 sq.ft. from Otis
& Clark at North County Festival located in St. Louis, MO.
The company also represented the lessor, Gateway Riverside LLC,
and lessee The Avenue, in the leasing of 6,000 sq.ft. at Heritage
Place located on Olive Boulevard in St. Louis, MO.
Uniwest
Realty
(703-671-2880) leased 6,600 sq.ft. for Rack Room Shoes at the Laurel
Shopping Center located in Route 1 in Laurel, MD.
Anchors include Marshalls, Toys R Us, Giant Food
and Rugged Warehouse. Katz
& Associates (845-735-6666)
brokered the leasing of 2,500 sq.ft. to Bell Atlantic Mobile on West 34th
Street in New York, NY. The lease
term runs 10 years; 2,500 sq.ft. to Skechers also on West 34th Street in
New York, NY. The lease term runs
seven years; 1,600 sq.ft. to H20+ for a flagship location on West
Broadway in New York, NY; and 5,000 sq.ft. to Duane Reade located at the
intersection of 57th Street and 2nd Avenue in New York, NY. GMH
Capital Partners, LP (610-355-8500)
brokered the leasing of 3,600 sq.ft. to Big Apple Steakhouse at Plainsboro
Plaza Shopping Center, a 235,000 sq.ft. center located in Plainsboro, NJ.
The lease term runs 10 years and was valued in excess of $515,000.
Anchors include Super Fresh and CVS, while other tenants
include King of the Sea, Easy Video, The Package Store, H&R Block,
and The Dollar Store. |