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New Construction
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New Construction Thompson-Brown Realtors is preleasing The Savannah West Retail Center, a 13,000 sq.ft. center located at the intersection of Grand River Avenue and Latson Road in Genoa Township, MI with a daily traffic count of 35,000 vehicles. Spaces are available from 1,800 sq.ft. and up. Area retail includes the 88,000 sq.ft. Genoa Square Center, which will open later this year. For more information, contact Thompson-Brown Realtors, 30180 Orchard Lake Road, Farmington, MI 48334; 248-539-8700. Silbert Realty & Management Co., Inc. is developing Phase II of Mansfield Commons, a 298,000 sq.ft. center located at the intersection of State Highway Route 57 and Airport Road in Mansfield Township in Warren County, NJ with a daily traffic count of 18,780 vehicles. The proposed expansion is for five pads and 30,000 sq.ft. situated on a land area of 7.09 acres. Phase II tenants include KinderCare Learning Centers, Arby’s and United Trust Bank. Area retailers include ShopRite, Clearview Cinemas, Weis Supermarket and Home Depot. The center has spaces available of 4,642 sq.ft., 5,612 sq.ft. and 6,200 sq.ft. The center is anchored by Wal*Mart and Sears Paint & Hardware. 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. Market Realty, LLC is preleasing Burkhardt Plaza, a 28,000 sq.ft. center located at the intersection of Burkhardt and Virginia Streets in Evansville, IN with a daily traffic count of 49,000 vehicles. The center will have two freestanding buildings on outlots in front of Sam’s Club. The center will have spaces available of 14,000 sq.ft. Lease rates begin at $14 psf NNN with CAM of $1.85 psf. Area retailers include Wal*Mart, Home Depot and Kmart. Area demographics include a population of 208,338 within 10 miles earning $49,775 as the average household income. Opening is slated for June. The company also is preleasing Carpentier Creek Commons, a center located at the intersection of Lloyd Expressway and Rosenberger Avenue in Evansville, IN with a daily traffic count of 46,600 vehicles. Area retailers include Wal*Mart, Home Depot, Lowe’s Home Improvement and Office Depot. The center is situated on a land area of 20 acres.For more information, contact Don Collins, Market Realty, LLC, 100 NW 2nd Street, Suite 120, Evansville, IN 47708; 812-455-7291, Fax 812-425-2585. North Halsted, LLC is developing Lincoln Park Center, a 59,500 sq.ft. center located at the intersection of North Avenue, Halsted Street and Clybourn Avenue in Chicago, IL. The center will consist of two buildings joined by a pedestrian walkway and a four-level parking structure. The center, which is slated for a Fall completion, will be anchored by LaSalle Bank and a major book retailer. Mid-America Real Estate is marketing the site. For more information, contact Michael George, Mid-America Real Estate; Two Mid America Plaza, Third Floor, Oakbrook Terrace, IL 60181-4713; 630-954-7300, Fax 630-954-7304. WRS, Inc. is developing Centre at Lilburn, a 263,000 sq.ft. center located at the intersection of Pleasant Hill Road and Highway 29, also known as Lawrenceville Highway, in Lilburn, GA with a daily traffic count of 51,700 vehicles. The center will be anchored by Wal*Mart Supercenter. Area demographics include a trade-area population of 76,057 earning $82,874 as the average household income. The company also is developing Shoppes at Trickum, a 255,800 sq.ft. center located at the intersection of Highway 92 and Trickum in Woodstock, GA with a daily traffic count of 32,900 vehicles. The center will be anchored by Wal*Mart Supercenter. Area demographics include a trade-area population of 39,547 earning $78,982 as the average household income. The company also is developing Shoppes at Wake Forest, a 255,077 sq.ft. center located at the intersection of U.S. Highway 1 and U.S. Highway 1-A in Wake Forest, NC with a daily traffic count of 37,000 vehicles. The center will be anchored by Wal*Mart Supercenter. Area demographics include a trade-area population of 44,419 earning $70,048 as the average household income. The company also is developing Dorman Centre, a 500,000 sq.ft. center located at the intersection of Highway 29 and Blackstock Road in Spartanburg, SC with a daily traffic count of 56,400 vehicles. The center is anchored by Wal*Mart Supercenter, Home Depot, Michaels and Ross. Area demographics include a trade-area population of 162,882 earning $40,830 as the average household income. The company also is developing Spring Lake Plaza, a 216,577 sq.ft. center located at the intersection of Highway 87 and State Route 1601 in Lake, NC. The center will be anchored by Wal*Mart.For more information, contact Gary Anthony or Erbie Blackwell, WRS, Inc.,1800 Silver Bluff Road, PO Box 7339, Aiken, SC 29804; 803-649-1411, Fax 803-502-2219. Steiner Equities Group, LLC is preleasing Bridgewater Towne Center, a 565,000 sq.ft. center located at the intersection of Route 202 and Milltown Road in Bridgewater, NJ with a daily traffic count of 50,500 vehicles. Area demographics include a population of 240,100 within 10 miles earning $96,800 as the average household income. The center has anchor spaces available from 21,050 sq.ft. to 165,000 sq.ft., small-shop space available from 3,600 sq.ft. to 10,000 sq.ft. and pad sites available from 6,000 sq.ft. to 22,000 sq.ft. The center is situated on a land area of 83 acres and was formerly occupied by the Harris Semiconductor Plant. The center will include 95,000 sq.ft. of office space. For more information, contact Jeffrey H. Hale, Steiner Equities Group, LLC, 75 Eisenhower Parkway, Roseland, NJ 07068-1696; 973-228-5800. |