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New Construction
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New Construction Wluka Commercial Real Estate is preleasing a center located at the intersection of Route 1A and Main Street in Walpole, MA. The 70,000 sq.ft. center has spaces available of 2,400 sq.ft. and 8,800 sq.ft. and is tenanted by Dunkin’ Donuts, Rocky’s Ace Hardware, a video store, Italian restaurant and a Chinese restaurant. The company also is preleasing Plainview Commons, a 750,000 sq.ft. center located at the intersection of Interstate 495 and Route 1 North in Plainville, MA. The center is anchored by Target, Stop & Shop and T.J. Maxx & More. The company also is preleasing Stop & Shop Center located on Route 138 in Stoughton, MA. Tenants include Stop & Shop, Fantastic Sam’s, Fleet Bank and Milano’s Nail Salon. The company also is preleasing a center located on 36 Jane Street in Medfield, MA. The center has spaces available of 1,000 sq.ft. and 2,400 sq.ft. For more information, contact Nancy Wluka, Wluka Commercial Real Estate, 2 Chestnut Square, PO Box 02067, Sharon, MA 02067; 781-784-5125, Fax 781-784-1960.
Packard Development is developing a 407,500 sq.ft. center located at the intersection of Western Avenue and Interstate 95 in Augusta, ME. The center will be anchored by a proposed Lowe’s Home Improvement and a proposed Target. Area retail includes Wal*Mart, Home Depot, Sam’s Club, Hoyt’s Cinemas, Barnes & Noble, Gap, Old Navy, Linens ‘n Things and Staples. Area demographics include a population of 25,247 within 10 miles earning $46,889 as the average household income. The company also is developing a 357,000 sq.ft. center located on Route 33 in Greenland, NH with an average daily traffic count of 26,000 vehicles. The site will be anchored by a proposed Lowe’s Home Improvement and a proposed Target, and will include 70,500 sq.ft. of retail space. Area demographics include a population of 16,232 within three miles earning $64,326 as the average household income. For more information, contact Packard Development, One Well Avenue, Newton, MA 02459; 617-965-8700.
RMC Property Group is planning to develop the Shoppes of Williston Road, a 61,000 sq.ft. center located at the intersection of Interstate 75 and the northwest corner of Williston Road and Southwest 34th Street in Gainesville, FL. A 39,000 sq.ft. Publix Supermarket will anchor the center, which is slated to open during Spring 2005. Three outparcels and 20,000 sq.ft. of small shop spaces are available for lease. For more information, contact RMC Property Group, 1733 West Fletcher, Tampa, FL 33612; 813-960-8154 Ext. 222, Fax 813-963-2596; Web site: www.rmcpg.com.
Carpionato Properties, Inc. is developing Chapel View, a 367,294 sq.ft. center located at the intersection of Route 2 and Route 37 in Cranston, RI. Opening is slated for the Fall. The center is anchored by Shaw’s. Asking rent is $30 psf with CAM of $1.50 psf and taxes of $2 psf. Area demographics include a population of 250,000 within five miles. The site has an average daily traffic count of 76,000 vehicles. For more information, contact Mark Briggs, Carpionato Properties, Inc., 1414 Atwood Avenue, Johnston, RI 02919; 401-273-6800, Fax 401-751-2479; Email: mbriggs@carpionatoproperties.com; Web site: www.carpionatoproperties.com.
The Wilder Cos. is preleasing The Crossing at Walkers Brook, a 400,000 sq.ft. center located in Reading, MA. Opening is slated for May 2005. Anchors include The Home Depot and Jordan’s Furniture. Area demographics include a population of 183,000 within five miles earning $88,000 as the average household income. For more information, contact Andrew LaGrega, The Wilder Cos., 300 Massachusetts Avenue, Boston, MA 02135; 617-247-9200, Fax 617-247-4044; Email: alagrega@wilderco.com; Web site: www.wilderco.com.
Universal Properties Group is preleasing Dartmouth Commons, a 225,000 sq.ft. center located at the intersection of Route 6 and Cross Road in Dartmouth, MA with an average daily traffic count of 25,000 vehicles. The center has spaces available of 25,000 sq.ft. to 50,000 sq.ft., as well as outlots of 2,500 sq.ft. and 6,000 sq.ft. Anchors include Target and Dick’s Sporting Goods. Asking rent is $16 psf with CAM and taxes of $2 psf NNN. Area demographics include a population of 110,000 within five miles earning $43,000 as the average household income. For more information, contact Robert Rapoza, Universal Properties Group, 207 Quaker Lane, Warwick, RI 02193; 401-823-0744, Fax 401-823-5091; Email: brapoza@universalpropertiesgrp.com.
Churchill & Banks Co., LLC is preleasing Cottage Plaza, a 76,400 sq.ft. center located at the intersection of Cottage and Woodbine in Pawtucket, RI. Opening is slated for November. The center has spaces available of 1,600 sq.ft.; 2,300 sq.ft. and an outlot of 3,600 sq.ft. and is anchored by Super Stop & Shop. Cotenants include Hollywood Video and Sally Beauty Supply. Asking rent is $25 psf NNN. For more information, contact Richard Baccari, Churchill & Banks Co., LLC, 10 Guere Street, Providence, RI 02903; 401-273-8010, Fax 401-521-1539; Web site: www.churchillandbanks.com.
Market Realty, LLC is preleasing Carpentier Creek Pavilion, a 120,000 sq.ft. center located at the intersection of Lloyd and Rosenberger in Evansville, IN with an average daily traffic count of 47,800 vehicles. Construction is beginning this month, with opening slated for the Fall. The center will be anchored by Kohl’s Department Store. Area retail includes Wal*Mart, Office Depot, Lowe’s Home Improvement and Home Depot. The center has spaces available of 2,000 sq.ft. to 23,000 sq.ft., as well as four outlots of two acres to 7.5 acres. For more information, contact Don Collins, Market Realty, LLC, 815 John Street, Suite 110, Evansville, IN 47713; 812-425-1906 Ext. 1104, Fax 812-425-2585.
RED Development, LLC is planning to develop Woodbury Lakes, a 400,000 sq.ft. center located in Woodbury, MN. Opening is slated for August 2005. For more information, contact RED Development, LLC, 4717 Central, Kansas City, MO 64112; 816-777-3500, Fax 816-777-3501; Web site: www.reddevelopment.com.
Hartz Mountain Industries, Inc. is planning to develop a mixed-use center at the site of the former Ford Motor assembly plant located in Edison, NJ. Construction is slated to begin early next year. For more information, contact Hartz Mountain Industries, Inc., 400 Plaza Drive, PO Box 1515, Secaucus, NJ 07096-1515; 201-348-1200, Fax 201-348-4358; Web site: www.hartzmountain.com.
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