New Construction
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New Construction

Diversified Partners is preleasing Phase II of the Mountainside Fitness-anchored center located at the intersection of Alma School Road and Germann Road in Chandler, AZ. The center has shop space of 14,000 sq.ft. available, plus small shops from 900 sq.ft. to 2,300 sq.ft. for $23 psf NNN, as well as a pad site of 6,800 sq.ft. for $25 psf NNN. Cotenants include Mountainside Fitness, Tutor Time Childcare Center and Barro’s Pizza. Area demographics include a population of 182,762 within 10 miles earning $66,359 as the average household income.

For more information, contact Tim Dollander or Jackie Sloan, Diversified Partners, 6916 East 5th Avenue, Scottsdale, AZ 85251; 480-947-8800, Fax 480-947-8830.

Redd Realty Services is developing a 90,000 sq.ft. center located at the intersection of Spout Springs Road and Friendship Road in Braselton, GA. The center is anchored by Kroger.

For more information, contact Will Lybrook, Redd Realty Services, 4200 Northside Parkway, Building 10, Suite 101, Atlanta, GA 30327; 404-848-0499; Email: will@reddrealty.com.

CB Richard Ellis is preleasing Desert Gateway, a 426,000 sq.ft. center located near Interstate 10 in Palm Desert, CA with a daily traffic count of 70,000 vehicles. Anchors include Wal*Mart and Sam’s Club. Construction is expected to begin January 2003, with completion slated for January 2004. The center has spaces available ranging from 1,500 sq.ft. to 130,000 sq.ft. Area demographics include a population of 229,441 within 10 miles earning $64,148 as the average household income. The company also is preleasing Destination Ramon, a 260,000 sq.ft. center located at the intersection of Ramon Road and San Luis Ray in Palm Springs, CA with a daily traffic count of 55,000 vehicles. The center has spaces available ranging from 1,200 sq.ft. to 8,000 sq.ft. Area demographics include a population of 161,387 within 10 miles earning $54,555 as the average household income. Construction is expected to begin January 2003, with completion slated for January 2004.

For more information, contact Maggie Montez, CB Richard Ellis, 74-770 Highway 111, Suite 101, Indian Wells, CA 92201; 760-341-2272, Fax 760-341-8602.

SouthEast Property Associates, Inc. is developing University Creek Shopping Center, located at the intersection of University Drive and Stirling Road in Davie, FL. The center has spaces of 5,000 sq.ft. to 40,000 sq.ft. available and is anchored by Home Depot. Opening is slated during Spring 2003.

For more information, contact Bob Geiserman, SouthEast Property Associates, Inc., The Admiral Building at The Cove Shopping Center, 1645 S.E. 3rd Court, Suite 200, Deerfield Beach, FL 33441; 954-420-1001, Fax 954-420-1002; Web site: www.southeastproperties.cc.

Investment Management Associates is developing Miramar Crossings, a 25,000 sq.ft. center located at the intersection of Miramar Parkway and Red Road in Miramar, FL with a daily traffic count of 50,000 vehicles. Demographics include a trade area population earning $66,595 as the average household income.

For more information, contact Investment Management Associates, 1575 San Ignacio Avenue, Suite 100, Coral Gables, FL 33146-3000; 305-661-0110, Fax 305-661-7803; Web site: www.ima-realestate.com.

RMC Property Group is developing a 54,000 sq.ft. Publix supermarket, which will anchor the Winthrop Village Shopping Center, a 97,625 sq.ft. center located in Brandon, FL. The company also is developing the Publix Center of St. Cloud in St. Cloud, FL. A 54,817 sq.ft. Publix supermarket will anchor the center, which also will include 20,850 sq.ft. of retail shop space. Opening is slated for Summer 2003. The company also is developing Miller West Plaza, a 63,571 sq.ft. center anchored by a Publix supermarket located at the intersection of Miller Drive and 157th Avenue in Miami-Dade County, FL. Opening is slated for Summer 2003.

For more information, contact RMC Property Group, 1733 West Fletcher Avenue, Tampa, FL 33612; 813-960-8154, Fax 813-963-2596; Web site: www.rmcpg.com.

NAI Capital Commercial is developing Corona Cerrito Plaza, a 36,000 sq.ft. center located at the intersection of Interstate 15 and Ontario Avenue in Corona, CA with a daily traffic count of 111,000 vehicles. Area retailers include Home Depot, Wal*Mart, Sam’s Club, Albertsons and Sav-On. The center has spaces available ranging from 1,000 sq.ft. to 7,500 sq.ft., with the possibility of anchor spaces of 15,000 sq.ft. to 60,000 sq.ft. available.

For more information, contact Brandon Beauchemin, NAI Capital Commercial, 3400 Inland Empire Boulevard, Suite 150, Ontario, CA 91764; 909-945-2339, Fax 909-945-2338.

Horizon Properties is developing Kendall Breeze Shopping Center located at the intersection of 120th Street and 127th Avenue in Miami, FL. The mixed-use center will consist of 75,000 sq.ft. with two levels. Spaces from 1,200 sq.ft. are available. Completion is slated for early 2003. Asking rent is $18 psf NNN with CAM and taxes of $4.50 psf.

For more information, contact Horizon Properties, Park West Professional Center, 7785 NW 146th Street, Miami Lakes, FL 33016; Email: jalvarino@horizonpropertiesfl.com; 305-364-9945, Fax 305-364-9980.

Adam-Nelson & Associates, Inc. is developing one to three-acre outparcels in a Super Wal*Mart-anchored center located at the intersection of Adams Drive and Legge Boulevard in Winchester, VA. Area retailers include Home Depot, Lowe’s, Target, T.J. Maxx, Chili’s, PetsMart, Famous Footwear and Pier 1.

For more information, contact Brett Haynes, Adams-Nelson & Associates, Inc., 303 South Loudoun Street, Winchester, VA 22601; 540-667-2424, Fax 540-667-2441; Email: bretthaynes@adamsnelson.com; Web site: www.adamscompanies.com.

Central Place Real Estate is developing an 8,200 sq.ft. center located at the intersection of Highway 12/14 and Junction Road in Madison, WI. Anchors include Gateway Computers, Outback and Target. Completion is slated during Spring 2003. Area centers include the West Towne Mall and Prairie Town Center. Area demographics include a population of 263,496 within 10 miles earning $64,065 as the average household income. The company also is developing Greenway Station, a 380,000 sq.ft. center located at the intersection of Highway 12/14 and Greenway Boulevard in Middleton, WI. Anchors include Linens ‘n Things, Michaels, Chico’s, Macaroni Grill and Big Bowl. Area centers include the West Towne Mall. Opening is slated during Fall 2003. Area demographics include a population of 263,496 within 10 miles earning $64,065 as the average household income.

For more information, contact John Byce, Central Place Real Estate, 8383 Greenway Boulevard, Suite 570, Middletown, WI 53562; 608-836-9070, Fax 608-836-5547.