New Construction
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New Construction

Southwest Asset Management, Inc. is developing The Sante Fe Arcade, a center located at 60 East San Francisco Street in Santa Fe, NM. The 33,000 sq.ft. center will feature three levels of commercial space in a building designed with a pass-through between Water and San Francisco Streets. Sites will be available ranging from 300 sq.ft. to 10,000 sq.ft. The site is projected to open in May and will utilize the former Woolworth’s store.

For more information, contact Southwest Asset Management, Inc., 112 West San Francisco Street, Suite 312, Santa Fe, NM 87501; 505-988-5792, Fax 505-982-6123.

The Schultz Organization is preleasing Quakerbridge Village Commons, located at 4110 Quakerbridge Road in Lawrenceville, NJ. The center has buildings of 24,780 sq.ft., 10,000 sq.ft. and 10,500 sq.ft. available. The center will be available for occupancy during the Winter. Area demographics include a population of 27,791 within three miles earning $100,904 as the average household income. The site abuts a community with 1,000 residential units

For more information, contact Steven Winters or Ira Kerner, The Schultz Organization, 900 Route 9 North, Suite 301, Woodbridge, NJ 07095; 732-855-0001, Fax 732-885-0034.

Pennmark Management Co., Inc. is developing Tower Square Shopping Center at Five Points, located at the intersection of Egg Harbor Road and County House Road in Sewell, NJ. Projected demographics include a population of 173,859 within three miles.

For more information, contact Pennmark Management, Co., Inc., 1000 Germantown Pike, Suite A-2, Plymouth Meeting, PA 19462; 610-272-6500, Fax 610-272-9450; Web site: www.pennmarkproperties.com.

Vista Equities Group is planning to develop a shopping center near the Grand Parkway in the Katy, TX area. The company recently acquired six acres at the intersection of Barker Cypress Road and Logenbaugh Drive in west Houston, TX for a 32,000 sq.ft. center. The company’s additional projects under development include the 16,000 sq.ft. Plazas at River Oaks, at Kirkwood and Richmond Avenue; the 20,000 sq.ft. Plazas on the Grand Parkway at Highland Knolls and the 13,000 sq.ft. Plazas at Legacy Park on Beltway 8 near Fallbrook Drive.

For more information, contact Woody Mann, Vista Equities Group, 1117 Edridge Parkway, Houston, TX 77077; 281-531-5300.

US Realty Associates, Inc. is developing 1100 Vine Street in Philadelphia, PA. The 32,000 sq.ft. property features multi-level deck parking and is located near City Hall, the Pennsylvania Convention Center, Chinatown, Independence Square and the Loft District.

For more information, contact Gregory Bianchi or Peter J. Maggio, US Realty Associates, Inc. 232 North 22nd Street, Philadelphia, PA 19103; 215-557-9900, Fax 215-557-6495.

Seattle Pacific Realty is developing Interurban Center, located in Tukwila, WA. The 10,000 sq.ft. center has a daily traffic count of 30,000 vehicles. Area demographics include a population of 68,844 within three miles earning $59,167 as the average household income. The center has spaces of 1,250 sq.ft. to 5,000 sq.ft. available. A Spring 2004 opening date is slated.

For more information, contact Jeff Rosen, Seattle Pacific Realty, 1904 Third Avenue, Suite 760, Seattle, WA 98101; 206-682-3100, Fax 206-682-3011.

Interface Properties, Inc. is developing a site for a 24,500 sq.ft. retail center located at the intersection of Sunset Boulevard and US Route 1 in Jensen Beach, FL. Sound Advice will open a 10,000 sq.ft. electronics store and Thomasville Furniture plans to open a 13,000 sq.ft. store. Both stores are projected to open in March. The deal was brokered by Southwest, Inc. and Synergy Retail Group.

For more information, contact Kenneth Grossman, Interface Properties, Inc., 2300 Glades Road, Boca Raton, FL 33431; 561-750-5260.

Lee Fry Co. is developing Waterside Center, located at the intersection of Aurora Avenue and Route 59 in Naplerville, IL. The Menard’s and Michaels-anchored shopping center has a daily traffic count of 24,000 vehicles and spaces of 1,700 sq.ft, 2,200 sq.ft, 2,700 sq.ft. and 4,000 sq.ft. available. Area demographics include a population of 58,000 within three miles earning $92,000 as the average household income.

For more information, contact Leslie James, Lee Fry Co., 825 N. Cass Avenue, Suite 209, Westmond, IL 60559; 630-986-9454, Fax 630-986-0369.

Steiner and Associates has delayed opening of Greene Town Center, located at the intersection of Interstate 675 and Indian Ripple Road in Beaver Creek, OH. The 900,000 sq.ft. center is projected to open in mid to late-2005 instead of during Spring 2004 as originally planned. The center is expected to house upscale tenants such as Nordstrom and Williams-Sonoma and The Cheesecake Factory.

For more information, contact Jay Miller, Steiner and Associates, 4016 Townsfair Way, Suite 201, Columbus, OH 43219; 614-414-7300.

Transcan Developments is developing Canyon Crossings, a 499,00 sq.ft. retail center located at the intersection of Interstate 215 and State Highway 60 in Riverside, CA. Plans for the center include a mixture of large scale retail, specialty stores, restaurants and cafes. The area has a daily traffic count of 277,000 vehicles. The center is projected to open by late 2004.

For more information, contact Angie Nett, CB Richard Ellis, 4141 Inland Empire Boulevard, Suite 100, Ontario, CA 91764; 909-418-2058, Fax 909-418-2100; Email: angie.nett@cbre.com.

Habor Shops, LLC are developing Harbor Shops, a 200,000 sq.ft. strip center located south of the 17th Street Causeway in Fort Lauderdale, FL. The center, anchored by a 54,000 sq.ft. Publix will include a mix of apparel, home goods and neighborhood service retailers, plus restaurants. There will also be 20,000 sq.ft. of second-floor office space.

For more information, contact Jesse Gaddis or Jack Loos, Harbor Shops, LLC, 900 Southeast 3rd Avenue, Suite 200, Ft. Lauderdale, FL 33316; 954-522-4500

Edgewood Properties is developing the following locations: Centennial Plaza Shopping Center in Piscataway, NJ; Broad Street Plaza in Matawan, NJ with Walgreens as the proposed anchor; 10,000 sq.ft. of retail in Dover Township, NJ; Davidson’s Mill Plaza fronting Route 130 in North Brunswick, NJ with a proposed 165,000 sq.ft. home improvement store to anchor the site and Somerville Town Center a downtown site opposite a train station in Somerville, NJ.

For more information, contact Edgewood Properties, 1260 Stelton Road, Piscataway, NJ 08854; 732-985-1900.

Redd Realty Services is developing Ridge Crossing located at the intersection of Ridge Road and Bakers Bridge Road in Hiram, CA. The 80,000 sq.ft. center has a daily traffic count of 20,623 vehicles. The center has spaces of 1,050 sq.ft., 1,400 sq.ft., 2,108 sq.ft. and 5,000 sq.ft. available. Area demographics include a population of 20,058 within three miles earning $63,342 as the average household income. The center is projected to open in April 2004.

For more information, contact Will Lybrook, Redd Realty Services, 4200 Northside Parkway, Building 60, Suite 101, Atlanta, GA 30327; 404-841-0123, Fax 404-841-0127.