Electronic Chains Expand Nationwide
[ Home ] [ Up ] [ Electronic Chains Expand Nationwide ] [ Who's Opening & Where ] [ New Construction ] [ Exclusive Leasing And Management Assignments ] [ Buyers & Sellers ] [ Food Retailers Expanding Nationwide ] [ Sources Of Financing ] [ Real Estate Professionals Making the News ] [ Lease Signings ] [ Space Place ] [ Lead Sheet ]

 

Electronic Chains Expand Nationwide

Micro Electronics trades as Micro Center at 20 locations throughout CA, CO, GA, IL, KS, MA, MI, MN, NY, OH, PA, TX and VA. The electronics stores occupy spaces of 28,000 sq.ft. to 35,000 sq.ft. in strip centers, malls and freestanding locations. Plans call for four openings throughout AZ, FL, IL, IN, MA, MD, MO, NJ, NY, PA, TX, VA and Washington, DC during the coming 18 months. Preferred demographics include a population of 200,000 within five miles earning $40,000 as the average household income.

For more information, contact Nancy Klemstine, Micro Electronics, 4119 Leap Road, Hilliard, OH 43026; 614-850-3037, Fax 614-850-3001; Web site: www.microcenter.com.

Ultimate Electronics, Inc. trades as Soundtrack, Ultimate Electronics and Audio King at 58 locations throughout AZ, CO, IA, ID, IL, MN, MO, NM, NV, OK, SD, TX and UT. The electronics stores occupy a space of 26,000 sq.ft. in power and specialty centers, malls and freestanding locations. Plans call for seven openings throughout KS, MN and TX during the coming 18 months. A land area of 3.5 acres is required. Leases running 15 years are typical. A vanilla shell is required. Preferred demographics include a population of 600,000 within eight miles earning $75,000 as the average household income. The company cites Best Buy, Circuit City and Tweeter as competition.

For more information, contact Steven T. Olson, Ultimate Electronics, Inc., 321 West 84th Avenue, Suite A, Thornton, CO 80221; 303-412-2500, Fax 303-412-2502; Email: steveo@ulte.com; Web site: www.ultimateelectronics.com.

ABC Automotive Electronics trades as ABC Automotive Electronics at five locations throughout IL. The electronics stores occupy a space of 5,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing market during the coming 18 months.

For more information, contact Jim Faust, ABC Automotive Electronics, 7150 Cermark Road, Berwyn, IL 60402; 708-788-0200, Fax 708-788-0258.

Bang & Olufsen America, Inc. trades as Bang & Olufsen at 58 locations nationwide. The electronics stores occupy a space of 1,500 sq.ft. in malls, specialty centers and urban/downtown areas. Growth opportunities are sought nationwide, in Canada, the Caribbean and Mexico during the coming 18 months. Leases running 10 years plus options are typical.

For more information, contact Mike Glazer, Bang & Olufsen America, Inc., 11726 Serama, St. Louis, MO 63131; 314-965-4512, Fax 314-821-5072.

Communications Electronics trades as The Cellular Center at 10 locations throughout MD and VA. The electronics stores occupy a space of 1,500 sq.ft. in strip centers and freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months.

For more information, contact Todd Calhoun, Communications Electronics, 9494 Deereco Road, Timonium, MD 21093; 410-252-1222, Fax 410-252-5231.

Fry’s Electronics operates 25 stores east of the Mississippi River. The electronics stores occupy a space of 150,000 in freestanding locations. Growth opportunities are sought throughout Chicago, IL and major cities east of the Mississippi during the coming 18 months with representation by Staubach Co. The company prefers to acquire sites and locate near computer and software companies. A land area of 15 acres is required.

For more information, contact Matthew Alexander, Staubach Co., 301 Howard Street, Suite 930, San Francisco, CA 94105; 415-908-4930, Fax 415-908-4935; Email: matt.alexander@staubach.com.

Wireless Resource trades as Wireless Resource at six locations throughout NY. The electronics stores occupy a space of 1,200 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout midtown New York, NY during the coming 18 months. The company prefers to locate near food franchises.

For more information, contact Jay Bedi, Wireless Resource, 3923 Bell Boulevard, Bayside, NY 11361; 718-229-7200, Fax 718-229-5429; Email: jarcoummun@aol.com.

J.A.R. Communications trades as Wireless Resource at three locations throughout NY. The electronics stores occupy spaces of 800 sq.ft. to 1,000 sq.ft. in urban/downtown areas and malls. Growth opportunities are sought throughout the existing market during the coming 18 months.

For more information, contact Tina Jay, J.A.R. Communications, 3923 Bell Boulevard, Bayside, NY 11361; 718-229-7200, Fax 718-229-5429.

Beep America trades as Beep America at 23 locations throughout NY. The electronics stores occupy a space of 700 sq.ft. to 1,000 sq.ft. in urban/downtown areas. Growth opportunities are sought throughout the existing markets during the coming 18 months.

For more information, contact Avi Zaga, Beep America, 96-14 Queens Boulevard, Rego Park, Queens, NY 11374; 718-830-0177, Fax 718-830-0193.

Corbryn Communications trades Corbryn Communications at four locations throughout AZ. The electronics stores occupy a space of 1,500 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months.

For more information, contact Ed Hightower, Corbryn Communications, 2344 East Baselind Road, Suite 102, Mesa, AZ 85204; 480-829-8402, Fax 480-962-0158.

Radio Shack Corp. trades as Radio Shack at 7,200 locations nationwide. The electronics stores occupy spaces of 2,400 sq.ft. to 3,000 sq.ft. in strip and power centers, malls, urban/downtown areas and freestanding locations. Plans call for 300 openings and relocations throughout the existing markets during the coming 18 months.

For more information, contact Andy Zeinfeld, Radio Shack Corp., 300 West 3rd Street, Suite 700, Fort Worth, TX 76102; 817-415-3224, Fax 817-415-2825.

Sprint PCS operates 584 locations nationwide. The electronics stores occupy spaces of 1,750 sq.ft. to 2,500 sq.ft. in power and strip centers and malls. Growth opportunities are sought throughout MD, VA and DC during the coming 18 months, with representation by Corridor R F&S Real Estate, Inc.

For more information, contact Jeff Handler, Corridor R F&S Real Estate, Inc., Two Hopkins Plaza, Suite 2100, Baltimore, MD 21201; 703-425-0605, Fax 703-425-6828; Email: jhandler@corridorrfs.com.

Verizon Wireless operates 100 locations nationwide. The electronics stores occupy spaces of 2,000 sq.ft. to 4,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout southern NJ and metro Philadelphia, PA during the coming 18 months, with representation by Metro Commercial Real Estate, Inc. The company handles expansion in metro Philadelphia, PA and southern NJ only.

For more information, contact Mike Murry, Metro Commercial Real Estate, Inc., 460 Norristown Road, Suite 202, Blue Bell, PA 19422; 610-260-2669, Fax 610-825-5156; Web site: www.metrocommercial.com.