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Exclusives
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Exclusives Baum Realty Group, Inc. (312-751-5503) has been retained by Tower Realty Management Corp. to serve as the exclusive leasing agent for the currently vacant retail space located within the 1.57 million sq.ft. AT&T Corporate Center at 227 West Monroe Street in Chicago, IL. The 60-story office tower houses a total of 12,310 sq.ft. of retail space, all situated on the ground floor. Currently, 3,510 sq.ft. is available between Federal Express and Kinko’s on the Franklin Street side of the building. Additional retailers at the property include AT&T Phone Store and Starbucks. MJB Real Estate Services Corp. (203-222-6200) is exclusively representing a site at 1864 Post Road East in Westport, CT. Currently, there is 5,000 sq.ft. available in the 75,000 sq.ft. center, which is anchored by Toys "R" Us.Veritas Realty (317-472-1800) assumed the leasing and management responsibilities for Fair Oaks Mall, a 400,000 sq.ft. mall located in Columbus, IN. The center is anchored by JCPenney, Elder Beerman, Kmart and Goody’s Family Clothing and is currently 87% occupied. Sax Realty, Inc. (240-497-1192) is exclusively representing Saladworks, Inc. in its search for locations throughout MD, VA and Washington, DC. The company currently operates 20 locations throughout MD, NJ and PA. The company occupies spaces of 1,800 sq.ft. to 2,000 sq.ft. in freestanding locations, urban/downtown areas, malls and power, strip, specialty, entertainment and tourist centers. Plans call for two to three openings during the coming 18 months. Typical leases run 10 years. The company requires improvements above a vanilla shell. Preferred demographics include a population of 50,000 within three miles earning $60,000 as the average household income. Sales of $500 psf have been reported. Neal Realty & Investments, Inc. (954-568-0530) was named exclusive leasing agent by Big Lots Plaza Corp. for a 93,000 sq.ft. center located at the intersection of 87th Street and University Drive in Tamarac, FL. The center is anchored by a 33,600 sq.ft. Big Lots. The company also was awarded the leasing assignment of Embassy Lakes Professional Center, a 26,000 sq.ft. office/retail center located at 2525 Embassy Drive South in Cooper City, FL. |