New Construction
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New Construction

Grubb & Ellis Co. is leasing Chesterfield Square, a 300,000 sq.ft. community center located at the intersection of Slauson and Western Avenues in Los Angeles, CA with a daily traffic count of 60,000 vehicles. Area demographics include a population of 1,104,544 within three miles earning $35,165 as the average household income. The company also is leasing the Del Oro Marketplace, a 78,000 sq.ft. center located at the intersection of College and Oceanside Boulevard in Oceanside, CA with a daily traffic count of 135,100 vehicles. The center will be anchored by McDonald’s, Armstrong Garden Centers, Panda Express, Bruegger’s Bagels, Aarons Rents, Quiznos and a full-service car wash. The developer has obtained approvals for a full-service restaurant on a pad site for up to 10,000 sq.ft. Nearby retailers include Albertson’s, Ralph’s, Longs, Sav-On, Starbucks and Blockbuster Video. The 400-acre Ocean Ranch Corporate Center and the 154-acre Rancho Del Oro Technology Park also are nearby.

For more information about Chesterfield Square, contact Ian H. Brown, Grubb & Ellis Co., 4695 MacArthur Court, Suite 600, Newport Beach, CA; 949-608-2013. For more information about Del Oro Marketplace, contact Reg Kobzi or Joe Greeno, Grubb & Ellis, 4445 Eastgate Mall, Suite 105, San Diego, CA 92121; 858-546-6858 for Reg Kobzi or 858-546-6856 for Joe Greeno, Fax 858-546-6801.

NewMark Merrill Cos. is developing Silverado Ranch Village, a 60,000 sq.ft. center located at the intersection of Silverado Ranch Boulevard and Bermuda Road in Las Vegas, NV with a daily traffic count of 16,000 vehicles. The site has three freestanding restaurant pads available and is near 28,341 new homes. Area demographics include a population of 73,087 within three miles earning $73,565 as the average household income.

For more information, contact Brad Pearl, NewMark Merrill Cos., 18801 Ventura Boulevard, Suite 300, Tarzana, CA 91356; 818-996-0700, Ext. 108, Fax 818-996-0760. Email: bpearl@newmarkmerrill.com; Web site: www.newmarkmerrill.com.

Stiles Corp. is developing Deerwood Lake Commons, a 67,521 sq.ft center located at the intersection of Southside Boulevard and Touchton Road in Jacksonville, FL in a joint venture with Hallmark Partners. A 44,271 sq.ft. Publix supermarket will serve as the center’s anchor. Construction will begin in September, with completion slated for July 2003.

For more information, contact Nancy Brusher, Stiles Corp., 300 Southeast 2nd Street, Fort Lauderdale, FL 33301; 954-627-9300, Fax 954-627-9386; Email: stiles@stiles.com; Web site: www.stiles.com.

RIPCO Real Estate Corp. is leasing Miller Place Shopping Center, located at the intersection of Miller Place Road and Route 25A in Miller Place, NY with a daily traffic count of 43,000 vehicles. The center is anchored by a 67,715 sq.ft. Stop & Shop supermarket and is cotenanted by La Casa Pizza, Super Cuts, Ruby Tuesday and an optician. Area competition includes Waldbaums, Genovese, Wendy’s, 7-11 and McDonald’s. The company also is leasing Hopewell Town Center, a Giant supermarket-anchored center located at the intersection of NJ 31 and Denow Road Extension in Hopewell, NJ. Cotenants include Blockbuster Video, Starbucks, GameStop, Radio Shack, SuperCuts and a dry cleaner. The company also is leasing Flying Point, a proposed center located at the intersection of Montauk Highway and Flying Point Road in Southampton, NY.

For more information, contact Christa Minogue, RIPCO Real Estate Corp., 420 Jericho Turnpike, Suite 100, Jericho, NY 11753-1847; 516-933-8880, Fax 516-933-2514.

W.M. Grace Development Co. is developing Casa Grande, a 225,000 sq.ft. center anchored by a 115,000 sq.ft. Home Depot, at the intersection of Peart Road and Highway 287 in Casa Grande, AZ with a daily traffic count of 29,806 vehicles. The site will have a Walgreens on an outparcel and plans include a 55,300 sq.ft. supermarket anchor. Area demographics include a population of 80,913 within the trade area earning $34,676 as the average household income. The company also is developing a 435,000 sq.ft. Home Depot and Sam’s Club-anchored center at the intersection of Interstate 10 and Dysart Road in Avondale, AZ with a daily traffic count of 112,000 vehicles. Cotenants include Walgreens, Peter Piper Pizza, Del Taco and IHOP. Area demographics include a population of 115,000 within five miles earning $45,000 as the average household income. The company also is developing a 225,000 sq.ft. center located at the intersection of Butler Avenue and Lone Tree Road in Flagstaff, AZ with a daily traffic count of 42,000 vehicles. The company also is developing Arrowhead Square, a 252,000 sq.ft center anchored by a at the intersection of 67th Avenue and Bell Road in Glendale, AZ. The daily traffic count is 119,400 vehicles. Cotenants include Greenbacks, Chuck E. Cheese, Arco AM/PM, Taco Cabana, Washington Federal Savings and Jiffy Lube. Area demographics include a population of 286,804 within five miles earning $59,804 as the average household income.

For more information, contact W.M. Grace Development Co., 7575 North 16th Street, Suite 1, Phoenix, AZ 85020; 602-956-8254, Fax 602-943-3548; Email: wmgrace@msn.com.

The Widewaters Group is expanding Webster Square, a center anchored by Kmart and BJ’s Wholesale Club, at the intersection of Ridge and Hard Roads in Webster, NY with a daily traffic count of 44,600 vehicles. The center is cotenanted by Staples Supercenter, Radio Shack, Sally Beauty Supply, Whepley, Blossoms, 99 Nails and Dollar Tree. Area demographics include a population of 188,158 within five miles earning $63,049 as the average household income. The company also is developing Country Square Plaza, a Wegman’s supermarket-anchored center at the intersection of Route 11 and Caughdenoy Road in Cicero, NY. The site is expandable up to 300,000 sq.ft. with two outparcels available. Area demographics include a population of 75,464 within five miles earning $59,778 as the average household income.

For more information, contact Jim Lavelle, The Widewaters Group, 5786 Widewaters Parkway, PO Box 0003, DeWitt, NY 12314; 315-445-8613, Fax 315-445-8570; Email: jlavelle@widewaters.com; Web site: www.widewaters.com.

Duke Retail Co. is planning to develop Evanston Station, a retail center in Cincinnati, OH. Area demographics include a population of 857,326 within 10 miles earning $54,903 as the average household income. The company also is developing another project in Aurora/Naperville, IL at the intersection of Meridian Parkway and Route 59. The proposed 215,126 sq.ft. center is located on a land area of 18.7 acres. The site plan proposes a 128,000 sq.ft. home improvement anchor. Area retailers include Home Depot Expo, PetsMart, Babies ‘R’ Us, Zany Brainy, Jared Jewelers, Red Lobster, Gateway, Sprint PCS and Mattress Giant.

For more information, contact Larry Myrvold, Duke Realty Corp., 600 East 96th Street, Suite 100, Indianapolis, IN 46240; 800-875-3366, Fax 317-808-6787; Email: larry.myrvold@dukerealty.com; Web site: www.dukerealty.com.

5610 Associates, LLC is developing the Overbrook Plaza, a 75,000 sq.ft. center anchored by Sav-A-Lot supermarket at the site of the Boas Box Company in the Overbrook section of Philadelphia, PA. The center is expected to have 25 stores. The center will serve a trade-area population of 16,000 earning $40,000 as the average household income.

For more information, contact David Groverman, 5610 Associates, LLC, 5610 Lancaster Avenue, Philadelphia, PA 19131; 215-477-5464, Fax 215-477-1991; Email: groovygrove1@msn.com.