New Construction
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New Construction

Hawkins Cos. Commercial Developers is developing Thomas Center located at the intersection of 91st Avenue and Thomas Road in Phoenix, AZ with a daily traffic count of 131,950 vehicles. The center is anchored by Food 4 Less and has spaces available from 6,630 sq.ft. to 43,295 sq.ft. Area demographics include a population of 167,604 within five miles earning $50,640 as the average household income.

For more information, contact Paul Stephens, Hawkins Cos. Commercial Developers, 8645 West Franklin Road, Boise, ID 83709; 208-376-8522, Fax 208-376-8523; Web site: www.hawkinscompanies.com.

Jim O’Hara Realty Associates, LLC is preleasing The Village at Five Points, a planned 72,000 sq.ft. center located at the intersection of Route 1 and Savannah Road in Lewes, DE. The center will be situated on a land area of 10 acres and will be located at the entrance to a mixed-use development consisting of approximately 600 residential units and five acres of office space. Area demographics include a population of 21,048 within five miles earning $45,362 as the average household income.

For more information, contact Jim O’Hara, Jim O’Hara Realty Associates, LLC, PO Box 4582, Wilmington, DE 19807; 302-658-3990, Fax 302-658-4077.

Kosmont Realty Corp. is developing Uptown Whittier Plaza Shopping Center located at 12900 Philadelphia Street in Whittier, CA. The center has monthly rental rates from $2 psf NNN to $2.50 psf NNN and has spaces available from 1,600 sq.ft. to 6,600 sq.ft. The center is near Whittier College.

For more information, contact Armando Aguirre, Kosmont Realty Corp., 601 South Figueroa Street, Suite 3550, Los Angeles, CA 90017; 213-599-5191, Fax 213-896-3927; Email: aaguirre@kosmont.com; Web site: www.kosmont.com.

Colliers International is preleasing Silver City Plaza located at the intersection of South Las Vegas Boulevard and Convention Center Drive in Las Vegas, NV. The center has spaces available up to 50,000 sq.ft. The site is one block from the convention center.

For more information, contact Greg Connor or Ben Francois, Colliers International, 3960 Howard Hughes Parkway, Suite 150, Las Vegas, NV 89109; 702-735-5700, Fax 702-731-5709; Web site: www.lvcolliers.com.

Kramont Realty Trust is developing an 80,000 sq.ft. ShopRite in a center situated on 16 acres in Somers Point, NJ.

For more information, contact Kramont Realty Trust, 580 West Germantown Pike, Plymouth Plaza, Suite 200, Plymouth Meeting, PA 19462; 610-825-7100, Fax 610-834-8110; Email: info@kramont.com.

Silbert Realty & Management Co., Inc. is redeveloping Warren Village Shopping Center, a 51,500 sq.ft. center located at the intersection of Mount Bethel Road and Mountain Boulevard in Warren, NJ. The Kings Supermarket-anchored center is 95% occupied and is slated for full renovation and expansion for up to 8,529 sq.ft. Asking rent for the endcap location is $32 psf NNN, while asking rent for the inline location is $40 psf NNN. Area demographics include a population of 47,823 within three miles earning $83,561 as the average household income. The center has spaces available of 459 sq.ft. and 2,108 sq.ft and is tenanted by Edgewood Pharmacy, Interior Design, Ristorante II Forno, Hairport 24, Warren Cleaners, Warren Photo, Inga’s Salon, Mail Boxes Etc., Thai Restaurant, Country Squire Restaurant, Nail Salon, Lillie’s Ice Cream, Hollywood Tan and Starbucks.

For more information, contact Brian S. Silbert, Silbert Realty & Management Co., Inc., 786 Mountain Boulevard, Suite 204, Watchung, NJ 07069; 908-754-5353, Fax 908-754-6364; Email: info@silbertrealestate.com; Web site: www.silbertrealestate.com.

The Goldenberg Group, Inc. is developing Whitman Square, a planned 450,000 sq.ft. center located at the intersection of Roosevelt Boulevard and Grant Avenue in Philadelphia, PA with a daily traffic count of 106,000 vehicles. The center will be anchored by Wal*Mart, Lowe’s Home Improvement Warehouse and Barnes & Noble. Construction is expected to begin during Spring 2003, with completion slated for Spring 2004.

For more information, contact The Goldenberg Group, Inc., 350 Sentry Parkway, Building 630, Suite 300, Blue Bell, PA 19422; 610-260-9600, Fax 610-260-0268.

Paramount Realty Services, Inc. is preleasing the Crossings at Old Bridge, a planned 150,000 sq.ft. lifestyle center located at the intersection of Highway 516 and Cottrell Road in Old Bridge, NJ. The development also will include 75,000 sq.ft. of office space and 250 residential units. Construction will include a September 11 memorial and a park with benches, fountains and a gazebo. The center will be tenanted by Pottery Barn, Starbucks, Williams-Sonoma, Restoration Hardware, GAP, Trader Joe’s and Sharper Image.

For more information, contact Paramount Realty Services, Inc., 1195 Route 70, Suite 200, Lakewood, NJ 08701; 732-886-1500, Fax 732-886-1690.

Butler Enterprises is developing Butler Plaza, a 1.1 million sq.ft. power center located at the intersection of Archer Road and 34th Street in Gainesville, FL with a daily traffic count of 95,000 vehicles. Area demographics include a population of 121,527 within five miles earning $44,847. The center is anchored by Best Buy, Target, Goody’s, Publix, Lowe’s Home Improvement, Pier 1 Imports, Albertsons and Wal*Mart. The center has spaces available from 1,200 sq.ft. to 36,185 sq.ft., as well as numerous spaces available in Butler Plaza North.

For more information, contact Butler Enterprises, 2306 13th Street, Suite 1206, Gainesville, FL 32608; 352-372-3581, Fax 352-335-4711.

Aurora Economic Development Commission is developing Plaza Mexico, a 13,500 sq.ft. center located at the intersection of East New York and Union Streets in Aurora, IL. The center is fully leased and will include a bakery, Pancho’s Restaurant and five additional tenant spaces. The center is located near Casa Blanca II, El Guero Super Mercado, Popeyes Chicken and Biscuits and Second Federal Savings.

For more information, contact Sherman L. Jenkins, Aurora Economic Development Commission, 40 West Downer Place, Aurora, IL 60506; 630-897-5500; Web site: www.ci.aurora.il.us/eadc.

CB Richard Ellis is preleasing The Marketplace at Palm Desert, a supermarket-anchored center located at the intersection of Interstate 10 and Washington Street in Palm Desert, CA. The center is located near Del Webb’s Sun City with 5,000 homes and has spaces available ranging from 3,600 sq.ft. to 55,624 sq.ft., as well as pad sites. Completion is slated for the fourth quarter of 2003.

For more information, contact Maggie Montez, CB Richard Ellis, 74-770 Highway 111, Suite 101, Indian Wells, CA 92210; 760-341-2272; Email: mmontez@cbre.com.

Diversified Partners is developing Mountainview Plaza, a center located at the intersection of Brown and Greenfield Roads in Mesa, AZ. The center is tenanted by Mountainside Fitness Center and has spaces available from 1,210 sq.ft. to 2,050 sq.ft. The center is slated for a Summer 2003 completion. The company also is developing Santan Marketplace, a center located at the intersection of Arizona Avenue and the Santan Freeway in Chandler, AZ. The center has anchor space and outparcels available.

For more information, contact Tim Dollander, Diversified Partners, 6916 East Fifth Avenue, Scottsdale, AZ 85251; 480-947-8800, Fax 480-947-8830.