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Exclusives
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Exclusives The Schultz Organization/TCN Worldwide (732-855-0001) is exclusively representing Walgreens in the sublease of four stores throughout NJ. The Walgreens stores available for sublease include: a 20,209 sq.ft. store located at the intersection of Route 33 and West Sylvania Avenue in Neptune City. The store is located within a 75,000 sq.ft. center, which is anchored by Shop N’ Bag supermarket; a 14,427 sq.ft. store located in Plainfield. The store is a 16,000 sq.ft. building, which also is occupied by Pizza Hut; a 12,000 sq.ft. store located on Route 206 in Raritan, NJ. The store is situated within a 116,000 sq.ft. center, which also is occupied by Stop & Shop supermarket and Blockbuster Video; and a 3,900 sq.ft. store located at the Kinderkamack traffic circle in Dumont, NJ. The store is situated within a 20,000 sq.ft. center tenanted by Pizza Hut and Hudson City Savings. Berlow Real Estate (716-852-7500) has been retained exclusively by Vornado Realty Trust to lease the T.J. Maxx Plaza in Amherst, NY. The 300,000 sq.ft. center is anchored by T.J. Maxx, Media Play, Circuit City, Old Navy and Toys "R" Us. Spaces from 1,150 sq.ft. to 50,000 sq.ft. are available. The site is adjacent to Boulevard Mall and has frontage on Niagara Falls Boulevard and Sheridan Drive with an average daily traffic count of 50,000 vehicles. The company also has been retained exclusively to lease The Walker Centers in Williamsville, NY. The center’s endcap is available. NAI Capital Commercial (818-742-1618) is representing Carl’s Jr. in its search for locations throughout southern CA. The restaurant is seeking land areas of 25,000 sq.ft. to 35,000 sq.ft. for a building size of 3,000 sq.ft. to 3,500 sq.ft. with a drive-thru. The company also is representing Cupid’s Hot Dogs in its search for 800 sq.ft. to 1,200 sq.ft. locations throughout southern CA. The company prefers lease terms of 10 years with options. The company also is representing Boba Loca Tea & Coffee in its search for locations throughout southern CA. The company requires 400 sq.ft. to 600 sq.ft. for food courts of regional shopping centers, 500 sq.ft. to 1,000 sq.ft. for inline locations, 500 sq.ft. to 1,300 sq.ft. for entertainment centers near multi-screen theaters and 800 sq.ft. to 1,300 sq.ft. for neighborhood centers and strip centers located near high schools and/or colleges. The company also is representing HomeTown Buffet in its search for 9,000 sq.ft. locations. The Dartmouth Co. (617-262-6620) is representing ExxonMobil in its expansion throughout CT, MA, NH and RI. The company prefers approximately 1.5 acres at a signalized intersection with a minimum of 200 feet of frontage. Pentz & Partners (949-756-1022) is representing the following retailers: FoodBrand in its search for locations of 5,000 sq.ft. to 20,000 sq.ft. nationwide; Rubio’s Baja Grill in its search for locations of 2,200 sq.ft. to 2,500 sq.ft. throughout Orange and San Diego County, CA; Children’s World Learning Centers in its search for locations with a land area of 45,000 sq.ft. to 60,000 sq.ft. throughout southern CA; Bella Nails & Spa in its search for locations of 1,500 sq.ft. to 2,000 sq.ft. throughout southern CA; Urban Home in its search for locations of 10,000 sq.ft. to 20,000 sq.ft. throughout southern CA and El Pollo Loco in its search for locations with a land area of 25,000 sq.ft. to 43,000 sq.ft. throughout southern CA, with a preference for Hispanic neighborhoods.Winick Realty Group (212-792-2603) is representing Duane Reade in its expansion throughout NJ and NY. The drug stores, which operate 200 locations throughout NJ and NY, occupy spaces of 6,000 sq.ft. to 10,000 sq.ft. in downtown/urban areas, freestanding locations and strip centers. Plans call for 50 openings per year throughout NJ and NY, with a focus on Westchester and the five boroughs. Leases running 10 years are typical. The company also is representing Krispy Kreme in its expansion. The doughnut shops, which operate 200+ locations nationwide, occupy land areas of 30,000 sq.ft. for freestanding locations. Growth opportunities are sought throughout northern NJ and Long Island, NY during the coming 18 months. The company prefers a site with a drive-thru and a daily traffic count of 30,000 vehicles. The Staubach Co. (949-756-6400) is representing CompUSA in its expansion throughout the west. The computer stores, which operate 250 locations nationwide, occupy spaces of 25,000 sq.ft. to 30,000 sq.ft. in power centers. Growth opportunities are sought throughout the west during the coming 18 months. CompUSA operates 250 locations nationwide. Northwest Atlantic Real Estate Services (425-462-2061) is representing Costco Wholesale in its expansion. The wholesale clubs, which operate 401 locations nationwide and in Canada, occupy spaces of 140,000 sq.ft. and up in power centers and freestanding locations. Plans call for 30 to 40 openings nationwide and in Canada during the coming 18 months. The company requires land areas of 13 to 15 acres and prefers to cotenant with home improvement stores and discount stores. Preferred demographics include a population of 250,000 within 10 miles earning $75,000 as the average household income. The company cites Sam’s Club and BJ’s Wholesale Club as competition. E.M.B. Associates (914-698-5500) is representing CompUSA in its expansion throughout NJ and NY. The computer stores occupy spaces of 27,000 sq.ft. to 30,000 sq.ft. Plans call for 10 openings throughout NJ and NY during the coming 18 months. Preferred cotenants include Bed Bath & Beyond, T.J. Maxx and Costco. Preferred demographics include a population of 500,000 within six miles earning $50,000 as the average household income. The company cites Best Buy, Office Depot and Circuit City as competition. Jeffery Realty, Inc. (908-668-9600) is representing One And Four Storage in its expansion. The mini-storage facilities, which operate 15 locations throughout NJ and NY, occupy land areas of two to three acres in freestanding locations. Plans call for five openings throughout the existing markets during the coming 18 months. Preferred demographics include a population of 50,000 within three miles earning $75,000 as the average household income. The company also is representing BP Amoco in its expansion. The convenience stores with gas pumps, which operate 10,000 locations nationwide, occupy land areas of 1.5 to two acres in freestanding locations. Plans call for 12 openings throughout northern and central NJ during the coming 18 months. The company will ground lease or purchase sites. Metro Commercial Real Estate (847-412-9898) is representing VoiceStream in its expansion. The electronics stores, which operate 382 locations nationwide, occupy spaces of 1,500 sq.ft. to 2,500 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout IL and northwest IN during the coming 18 months. The company also is representing Pearle Vision in its expansion. The optical stores, which operate 900+ locations nationwide, occupy spaces of 3,000 sq.ft. in strip centers and freestanding locations. Growth opportunities are sought throughout IL and northwest IN during the coming 18 months. Cushman & Wakefield (800-376-3133) is exclusively representing One Gateway Center, a 466,919 sq.ft. center in Newark, NJ. The center includes 80,000 sq.ft. of retail space. The complex sits adjacent to Newark Penn Station and features the 250-room Newark Gateway hotel. The center is 98% occupied. Terranova Corp. (305-358-8700) is exclusively representing Beacon Centre, an 87,000 sq.ft. center located at the intersection of 87th Avenue and Dolphin Expressway in Miami, FL. Tenants include OfficeMax, Circuit City and 99 Cents Stuff. Vanguard Realty, Inc. (973-443-9700) is representing Pinnacle Communities in its plans to build approximately 52,000 sq.ft. of retail space and 80 luxury residential units in what will become known as The Esplenade in Montclair, NJ. The company also is representing The Beauty Product in its search for 1,500 sq.ft. to 2,000 sq.ft. locations in traditional retail centers and downtown locations. The company also represented Longhorn Steakhouse and Wendy’s Old Fashioned Hamburgers in the leasing of two pad sites at the 750,000 sq.ft. ITC Crossing located on International Drive in Mount Olive, NJ. Longhorn Steakhouse signed a long-term land lease to build a 5,000 sq.ft. restaurant, while Wendy’s Old Fashioned Hamburgers signed a long-term land lease to build a 2,800 sq.ft. drive-thru restaurant. The center is anchored by Wal*Mart, Lowe’s Home Improvement, T.J. Maxx, Bed Bath & Beyond, Michaels Arts & Crafts and Sam’s Club. The company also is representing Philly Connection in its search for spaces of 1,200 sq.ft. to 1,500 sq.ft. in traditional retail settings, downtown areas and freestanding locations throughout central and northern NJ.The Clover Co. (323-930-2441) is representing Old Navy in its expansion throughout southern CA. The apparel stores, which operate 580 locations nationwide and in Canada, occupy spaces of 16,000 sq.ft. in strip centers. Presidential Group South, Inc. (800-456-8455) is representing Dollar General throughout FL. The company is looking for locations in shopping centers anchored by supermarkets or discounters. For inline stores, the company requires minimum frontage of 50 to 60 feet. The company requires spaces of 7,500 sq.ft. to 10,000 sq.ft. and prefers to lease second-generation space. Dollar General also is looking for vacant land to construct 8,000 sq.ft. to 10,000 sq.ft. freestanding stores. The company plans to open 30 additional stores throughout FL through the end of the year and during 2003. Schuckman Realty, Inc. (516-496-8888) represented Lowe’s Home Centers on Forest Avenue in Staten Island; North Bergen, NJ; and Roosevelt Field and Medford in Long Island, NY; A&P Properties for a BJ’s Wholesale Club in Middle Village, NY; a Barnes & Noble in Jamaica Estates, NY; and a 100,000 sq.ft. Storage Mart in Brooklyn, NY. The company also is the exclusive broker for seven other Lowe’s Home Centers in Long Island and metro New York, NY. The company also represents Cold Stone Creamery throughout New York, NY; CVS in Farmingville and Tottenville, Long Island and Barnes & Noble and Boulder Creek along Richmond Avenue in Staten Island, NY. |