New Construction
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New Construction

Spring Hill Realty, Inc. is developing Shelly Square Shopping Center at Route 63 in Harleysville, PA. The 80,000 sq.ft. center will be anchored by a 51,000 sq.ft. Landis Thriftway supermarket. Area demographics include a population of 51,857 within five miles earning $71,893 as the average household income.

For more information, contact Spring Hill Realty, Inc., 528 Main Street, Suite 200, Harleysville, PA 19438; 215-513-7368, Fax 215-513-1036; Web site: www.springhillrealtyinc.com.

Sudberry Properties is developing EastLake Village Marketplace, a proposed 410,000 sq.ft. center located at the intersection of EastLake Parkway and Otay Lakes Road in the Eastlake Community of Chula Vista, CA. The center will be anchored by a 126,393 sq.ft. Target and a 136,782 sq.ft. Lowe’s Home Improvement Warehouse. Lowe’s also will have space of 28,210 sq.ft. for a garden center. Other proposed tenants include Office Depot, Chevron, Wendy’s, Miguel’s Cocina, Union Bank of California, Wells Fargo, Island’s Fine Burgers and Drinks, Johnny Carino’s Italian Restaurant, Prudential Realty and The Sleep Train.

For more information, contact Sudberry Properties, 5465 Morehouse Drive, Suite 260, San Diego, CA 92121-4714; 858-546-3000, Fax 858-546-3009.

CB Richard Ellis is leasing Point Happy, a center located at the intersection of Highway 111 and Washington in La Quinta, CA with a daily traffic count of 60,000 vehicles. The center has spaces available of 8,000 sq.ft. to 25,000 sq.ft. Area demographics include a population of 114,538 within five miles earning $58,420 as the average household income.

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; Web site: www.cbre.com.

Retail Centers Southeast is developing The Shoppes on Shugart, a center located at the intersection of U.S. 41 and Shugart Road in Dalton, GA with a daily traffic count of 44,986 vehicles. Area demographics include a trade-area population of 92,342 earning $51,046 as the average household income. The site will be anchored by a Wal*Mart Supercenter. Area retailers include Home Depot.

For more information, contact W. Michael Caldwell, Retail Centers Southeast, Ltd., 3850 Holcomb Bridge Road, Building 200, Suite 240, Norcross, GA 30092; 770-447-8847, Fax 770-409-8085.

Wolfson Verrichia Group, Inc. is developing the 346,028 sq.ft. Oxford Commons in Oxford, PA. The site is located at the intersection of Routes 10 and 1 and will be anchored by Wal*Mart and Peebles. Three outlots and spaces of 20,000 sq.ft. and 10,000 sq.ft. are available. The company also is developing a Wal*Mart-anchored center in East Marlborough, PA. Both centers are slated for an early 2003 completion.

For more information contact Thomas Verrichia, Wolfson-Verrichia Group, Inc., 1250 Germantown Pike, Suite 305, Plymouth Meeting, PA 19462; 610-277-8899, Fax 610-277-8882.

Progressive Development is preleasing The Galleria, a proposed 500,000 sq.ft. center located at the intersection of Sardis Road North and Monroe Road in the Crown Point area of southeast Charlotte, NC with an average daily traffic count of 53,000 vehicles. The center is situated on a land area of 38 acres and is expected to be anchored by a 203,000 sq.ft. Wal*Mart Supercenter.

For more information, contact Progressive Development, 2301 CrownPoint Executive Drive, Suite L, Charlotte, NC 28227; 704-321-9288, Fax 704-321-9289.

StoneCrest Investments is developing The Shops at Kirby Gate, a center anchored by a 58,592 sq.ft. Kroger store with gasoline facilities, in Memphis, TN. The center is situated on a land area of 13.75 acres and is just north of the Kirby Gate Shopping Center and Walgreens at the intersection of Kirby and Quince. Two other buildings with a total of 36,000 sq.ft. for retail use will be built near the Kroger. Area demographics include a trade-area population of 31,000 earning $70,728 as the average household income.

For more information, contact StoneCrest Investments, 595 Round Rock West Drive, Suite 701, Round Rock, TX 78681; 512-681-1000.

Royal Properties, Inc. is preleasing a 40,000 sq.ft. center located on Route 59 in Airmont, NY. Completion is slated for Summer 2003. Area retailers include Wal*Mart, ShopRite, US Post Office, Applebee’s, Starbucks, Hollywood Video and the Goddard School. The center has spaces available of 1,500 sq.ft.

For more information, contact Jeff Kintzer or David Landes, Royal Properties, Inc., 850 Bronx River Road, Suite 106, Bronxville, NY 10708; 914-237-3403, Fax 914-237-0196; Emails: jskroyal@aol.com and royaldl@aol.com.

WindStar Properties is preleasing Arbrook Square, a 20,000 sq.ft. center located at the intersection of West Arbrook Boulevard and Matlock Road in Arlington, TX. The center will be anchored by Costco. Rents range from $22 psf to $24 psf with NNN of $4 psf.

For more information, contact Cynthia Bailey, WindStar Properties, 3838 Oak Lawn Avenue, Suite 1020, Dallas, TX 75219; 214-526-2700, Fax 214-526-2750.

Park West Development is developing The Shops at Camp Lowell, a 76,062 sq.ft. center located the intersection of Swan Road and East Fort Lowell in Tucson, AZ. The center will be anchored by AJ’s Fine Foods, Bashas’, McDonald’s and Chevron.

For more information, contact Park West Development, 7077 East Bell Road, Suite 210, Scottsdale, AZ 85254; 602-264-1300.

James Doran Co. is developing a 160,000 sq.ft. Publix-anchored center in Daniels Island, FL. Cotenants are expected to include a bank, video chain and drug store.

For more information, contact James Doran Co., 216 Seven Farms Drive, Suite 200, Charleston, SC 29492; 843-881-7550, Fax 843-849-6765.

Jacoby Development, Inc. is developing Peachtree Parkway Crossroads located at the intersection of Highway 141, also known as Peachtree Parkway, and Bagley Drive in Laurel Springs, GA with a daily traffic count of 40,000 vehicles. The center is anchored by a 205,320 sq.ft. Wal*Mart Supercenter and has 45,000 sq.ft. of retail shops and three spaces of 30,000 sq.ft. for mini-anchors. The center has outparcels available.

For more information, contact Mitch or Derek Jacoby, Jacoby Development, Inc., 1000 Abernathy Road Northeast, Suite 1250, Atlanta, GA 30328; 770-399-9930, Fax 770-206-9150.

Schmier & Feurring Realty, Inc. is leasing Wellington Green, a center located at the intersection of Forest Hill Boulevard and State Road 7 in Wellington, FL. The center has an outparcel for a 5,000 sq.ft. bank with three drive-thru lanes available, as well as 80,000 sq.ft. of retail space and an outparcel of 15,000 sq.ft. for a pharmacy.

For more information, contact Roxanne Register, Schmier & Feurring Realty, Inc., 7777 Glades Road, Suite 310, Boca Raton, FL 33434; 561-488-9100, Fax 561-482-0181; Email: rregister@sfrealty.com.