New Construction
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New Construction

Kossman Development Co. is leasing Perry Shops Shopping Center located at the intersection of U.S. Route 19 North and Washington Boulevard in Ross Township, PA. The company is planning to expand the center by 40,000 sq.ft., including 20,000 sq.ft. for street level spaces and 20,000 sq.ft. of lower level spaces. Build-to-suit opportunities are available. The center is anchored by Wine & Spirits and is tenanted by Locke Hair Design, Runners Cleaners and Pizza Outlet.

For more information, contact Steve Weisbrod or Kathy Samuels, Kossman Development Co., Eleven Parkway Center, Suite 300, Pittsburgh, PA 15220; 412-921-6100, Fax 412-921-0913; Web site: www.kossman.com.

Cedarwood Development, Inc. is developing The Shops of Northampton, an 85,788 sq.ft. center located on King Street in Northampton, MA with an average daily traffic count of 41,200 vehicles. Opening is slated for Summer 2004. Area demographics include a population of 81,000 within seven miles earning $56,000 as the average household income. The center is anchored by Staples. Area retail includes Hamp Plaza and Kingsgate Plaza. The company also is developing Toledo Commons located on Glendale Avenue with an average daily traffic count of 31,000 vehicles. Opening is slated for Winter 2004. The 371,000 sq.ft. center is anchored by Wal*Mart. The company also is developing University Place located at the intersection of Wooster Street and Dunbridge Road with an average daily traffic count of 133,100 vehicles. Area demographics include a trade-area population of 86,153 earning $49,188 as the average household income. The center is located near Bowling Green State University.

For more information, contact Dave Ferron, Cedarwood Development, Inc., 1765 Merriman Road, Akron, OH 44313; 330-836-9971, Fax 330-864-8094; Email: dferron@cedarwoodd.com; Web site: www.cedarwooddevelopment.com.

Grubb & Ellis is preleasing Atlantic Times Square, a 200,000 sq.ft. entertainment center located on Atlantic Boulevard in Monterey Park, CA. Opening is slated for 2005. Area demographics include a population of 774,698 within five miles earning $59,437 as the average household income.

For more information, contact Mark Baziak, Grubb & Ellis, 4675 MacArthur Court, Suite 1600, Newport Beach, CA 92660; 949-608-2087, Fax 949-608-2003; Email: mark.baziak@grubb-ellis.com.

Centennial American Properties, LLC is developing Target Center located in Greer, SC. Area demographics include a population of 36,089 within five miles earning $54,698 as the average household income. The company also is developing The Point located on Woodruff Road in Greenville, SC. The center is anchored by National Book Store, HomeGoods, a supermarket and an electronics store. The company also is developing Centerpoint located at the intersection of Highway 123 and Brushy Creek Road in Easley, SC. The center is anchored by Publix supermarket. Area demographics include a population of 42,639 within five miles earning $52,635 as the average household income.

For more information, contact Centennial American Properties, LLC, PO Box 10588, 131 Fall Street, Suite 100, Greenville, SC 29601; 864-271-3894, Fax 864-242-5498; Web site: www.capllc.com.

W.M. Grace Development Co. is developing Apache Village, a center located at the intersection of Apache and Ellsworth in Mesa, AZ with an average daily traffic count of 73,500 vehicles. Area demographics include a population of 57,249 within three miles earning $30,913 as the average household income. The company also is developing Falcon Gateway, a 311,587 sq.ft. center located at the intersection of McKellips Road and Greenfield Road in Mesa, AZ. The center is anchored by Wal*Mart and Staples and has anchor space available of 16,000 sq.ft., as well as small shop space available of 3,834 sq.ft.; 9,000 sq.ft. and 15,920 sq.ft. and pads available of 5,000 sq.ft. and 7,000 sq.ft. The site has an average daily traffic count of 82,300 vehicles. Area demographics include a population of 188,027 within five miles earning $48,609 as the average household income.

For more information, contact Mike Pearlstein, W.M. Grace Development Co., 7575 North 16th Street, Suite 1, Phoenix, AZ 85020; 602-956-8254, Fax 602-943-3548; Email: wmgrace@msn.com.

The Weitzman Group is preleasing The Crossing at 518 located at the intersection of FM 518 and SH 288 in Pearland, TX. The center is anchored by a Wal*Mart Supercenter. Area retail includes SuperTarget, Kohl’s, Linens ‘n Things, Ross Dress for Less, Famous Footwear, Chili’s, Marshalls, Clothestime, Pier 1 Imports, Party City, PetsMart and IHOP.

For more information, contact David Stukalin, The Weitzman Group, 1800 Bering Drive, Suite 550, Houston, TX 77057; 713-868-9961; Web site: www.weitzmangroup.com.

Divaris Real Estate is preleasing the redevelopment of Waccamaw Factory Shoppes into Harbour Marketplace, which will offer 298,000 sq.ft. of big box space and 185,600 sq.ft. of convenience and specialty stores located along U.S. 501 in Myrtle Beach, SC.

For more information, contact Denise E. Browning, Divaris Real Estate, 2115 Rexford Road, Suite 300, Charlotte, NC 28211; 704-442-1988, Fax 704-442-1717; Email: dbrowning@divaris.com; Web site: www.divaris.com.

A & Co., LLC is developing The Shops at Atlas Park located at the intersection of Cooper Avenue and 80th Street immediately southwest of Forest Hills, NY. Opening is slated for early 2005. Area demographics include a trade-area population earning $75,000 as the average household income. National and local retailers will fill approximately 75 stores and restaurants, comprising 275,000 sq.ft. of space.

For more information, contact Damon Hemmerdinger, A & Co., LLC, 555 Fifth Avenue, Suite 1601, New York, NY 10017; 212-687-5154; Email: damon@aandco.info.