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New Construction
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New Construction Robinson Properties is preleasing Harbour Pointe Square, a 33,000 sq.ft. center located at the intersection of 121st and Mukilteo Speedway in Mukilteo, WA. The center is situated on a land area of 2.5 acres and has space available of 11,000 sq.ft. Opening is slated for December. Asking rent is $25 psf. Area retail includes Harbor Pointe. For more information, contact David Robinson, Robinson Properties, 500 SE Everett Mall Way, Suite A7, Everett, WA 98208; 425-353-8400, Fax 425-355-6173; Email: robinson@everettmall.com; Web site: www.everettmall.com.
Prudential Commercial Real Estate is preleasing Antioch Pavilion, a 185,000 sq.ft. center located at the intersection of Lone Tree Way and Blue Rock in Antioch, CA with an average daily traffic count of 30,233 vehicles. The center is situated on a land area of 17.92 acres. Construction is expected to begin this Summer, with completion slated for Spring 2005. Asking rent is $1.95 psf monthly with CAM of $0.38 psf monthly. Area demographics include a population of 124,955 within five miles earning $73,594 as the average household income. Area retail includes Regal Cinemas, Albertsons, Hollywood Video and Starbucks. For more information, contact Brian Heron, Prudential Commercial Real Estate, 1101 Sylvan Avenue, Modesto, CA 95350; 209-529-9610 Ext. 109, Fax 209-521-4289; Email: bheron@prucommercialre.com
Colliers-Seeley is preleasing Village Walk at Murrieta, a 300,000 sq.ft. center located at the intersection of Interstate 15 and Kalmia Street in Murrieta, CA with an average daily traffic count of 120,000 vehicles. Opening is slated for Summer 2005. Area retail includes Kohl’s and Lowe’s Home Improvement Warehouse. The center is located one block from Murrieta Town Square. Area demographics include a population of 86,468 within five miles earning $65,482 as the average household income. For more information, contact William M. Bauman or Cameron Crowner, Colliers-Seeley, 444 South Flower Street, Suite 2200, Los Angeles, CA 90071; 213-627-1214 or 949-474-0707, Fax 213-627-2700; Emails: bbauman@colliers-seeley.com and ccrowner@colliers-seeley.com; Web site: www.colliers-seeley.com.
Voit Commercial Brokerage is preleasing Warm Springs Center, a 60,690 sq.ft. center located at the intersection of Warm Springs and Eastern in Las Vegas, NV with an average daily traffic count of 72,550 vehicles. The center is situated on a land area of 10.33 acres and has spaces available of 1,200 sq.ft. and up. The center is anchored by Wal*Mart Neighborhood Market and is tenanted by Quizno’s, Supercuts and Moneytree. Asking rent is $2 psf monthly with CAM of $0.30 psf monthly. Area retail includes Albertsons, Blockbuster Video, Radio Shack, Smith’s and Walgreens. Area demographics include a population of 307,763 within five miles earning $49,344 as the average household income. For more information, contact Kit Graski, Voit Commercial Brokerage, 3753 Howard Hughes Parkway, Suite 310, Las Vegas, NV 89109; 702-734-4500, Fax 702-733-7690; Web site: www.voitco.com.
Metro Developers, Inc. is developing Phase II of Whitemarsh Center, a 47,000 sq.ft. center located at the intersection of Highway 80 and Islands Expressway in Savannah, GA. Phase I, which includes 8,000 sq.ft., is complete. The center immediately adjoins Island Town Center, which is anchored by Publix, Wal*Mart, CVS and McDonald’s. The center has spaces available of 1,000 sq.ft. to 15,000 sq.ft., with one 10,000 sq.ft. restaurant pad. For more information, contact Andrew Feiler, Metro Developers, 1232 Mansfield Avenue, Atlanta, GA 30307; 404-582-0590, Fax 404-582-0590; Email: abf@mindspring.com.
Hawkins Cos. is preleasing Stoneridge Plaza, a 170,000 sq.ft. center located at the intersection of 19th Avenue and Oak Street. The center has spaces available up to 70,000 sq.ft., including outlots of 30,215 sq.ft. and 38,916 sq.ft. Opening is slated for Spring 2005. The center is anchored by Home Depot and is tenanted by IHOP and Rib Crib. For more information, contact Jessie Hurst, Hawkins Cos., 8645 West Franklin Road, Boise, ID 83709; 208-376-8522, Fax 208-376-8523; Email: jhurst@hawkinscompanies.com; Web site: www.hawkinscompanies.com.
Silbert Realty & Management Co., Inc. is preleasing Cranford Crossing, a downtown mixed-use retail and luxury rental housing development located in Cranford, NJ. The center will be designed with an east and west building, each with ground floor retail and wide archways providing pedestrian access to the covered walkway. Currently, the west building has ground floor space available of 10,525 sq.ft., while the east building has space available of 10,348 sq.ft. The company also is developing Gateway East, a 21,123 sq.ft. center located at the intersection of Mountain Boulevard and Penny Lane in Warren, NJ. The center will be situated on a land area of 2.41 acres. Building one will consist of 4,863 sq.ft. of ground level space and 4,846 sq.ft. of second floor office space. Building two will offer 5,749 sq.ft. of ground level space and 5,665 sq.ft. of second floor office space. For details, contact Brian S. Silbert or Kathy DiMaria, Silbert Realty & Management Co., Inc., 85A Division Avenue, Millington, NJ 07946; 908-604-6900, Fax 908-604-2030; Email: info@silbertrealestate.com; Web site: www.silbertrealestate.com.
RMC Propety Group is preleasing Summerfield Commons, a 67,092 sq.ft. center located at the intersection of U.S. Highway 301 and Big Bend Road in Riverview, FL. Opening is slated for the Fall. The center has space available of 23,204 sq.ft., as well as two outlots of 4,500 sq.ft. The center will be anchored by Publix Supermarket. The company also is preleasing Beachway Plaza, a 123,000 sq.ft. center located at the intersection of Manatee Avenue West and 75th Street West in Bradenton, FL. Opening is slated for the Fall. The center has spaces available of 1,884 sq.ft.; 4,200 sq.ft. and 34,143 sq.ft. and is anchored by Publix Supermarket and Beall’s Outlet. The site has an average daily traffic count of 28,000 vehicles. The company also is preleasing Shoppes of Williston Road, a 63,000 sq.ft. center located at the intersection of Williston Road and S.W. 34th Street in Gainesville, FL. Opening is slated for Spring 2005. The center is anchored by Publix Supermarket and has space available of 23,800 sq.ft. For more information, contact Linda West, RMC Property Group, 1733 West Fletcher Avenue, Tampa, FL 33612; 800-728-5379, Fax 813-963-2596; Email: lwest@rmcpg.com; Web site: www.rmcpg.com.
Carpionato Properties, Inc. is developing Westerly Center, a 49,675 sq.ft. center located in Westerly, RI. Opening is slated for next year. Area retail includes Shaw’s and Stop & Shop. The center has an outlot available of 5,500 sq.ft. The company also is developing Westerly Crossings, a 146,752 sq.ft. center located at the intersection of Route 78 and Route U.S. 1 in Westerly, RI. Opening is slated for next year. The center has two outlots available of 6,000 sq.ft. and one of 14,000 sq.ft. Area retail includes Stop & Shop, Home Depot, Wal*Mart and Staples. The site has an average daily traffic count of 30,200 vehicles. The company also 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. 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.
Dutchman Realty is preleasing Mexico Centre, which is situated on a land area of 12.8 acres at the intersection of Bryan and Mexico Road in O’Fallon, MO. The center has spaces available of 1,500 sq.ft. to 18,000 sq.ft. Construction is expected to begin during the Summer, with opening slated for 2005. Asking rents range from $15.50 psf to $16 psf. The site will include townhouses on five acres and a strip center situated on a land area of seven acres For more information, contact Jeremy Malensky, Dutchman Realty, Inc., 800 South Fifth Street, St. Charles, MO 63301; 636-949-0777, Fax 636-949-5369; Email: jeremy@dutchmanrealty.com.
Sooner Investment Realty is preleasing University Village, an 80,000 sq.ft. center located at the intersection of 2nd Street and Bryant Avenue in Edmond, OK. The center has spaces available of 1,400 sq.ft.; 2,600 sq.ft.; 2,300 sq.ft. and an outlot of 10,000 sq.ft. and is situated on a land area of seven acres. Opening is slated for January 2005. The center is anchored by Wal*Mart Neighborhood Market. Asking rent is $18 psf. For more information, contact Brandy Tice, Sooner Investment Realty, 912 NW 57th Street, Oklahoma City, OK 73118; 405-842-0456, Fax 405-840-2366; Web site: www.soonerinvestment.com.
Centerville Properties is preleasing Shoppes of Eastwood, a 60,135 sq.ft. center located in Woodstock, IL. Opening is slated for August. The center is tenanted by an eye care provider. Area retail includes Jewel-Osco and Walgreens. Asking rents range from $21 psf to $23 psf with CAM of $1.50 psf and taxes of $2.50 psf. Area demographics include a population of 29,638 within five miles earning $56,395 as the average household income. The company also is preleasing Covington Retail Center, a 16,154 sq.ft. center located at the intersection of Route 47 and Rainsford Drive in Huntley, IL. Opening is slated for next month. The center is situated on a land area of 106,994 sq.ft. Tenants include a liquor store and a convenience store. Asking rents range from $19 psf to $21 psf with CAM of $1.50 psf and taxes of $2.50 psf. Area demographics include a population of 57,856 within five miles earning $79,639 as the average household income. The company also is preleasing Milrand Retail Center, a 33,417 sq.ft. center located at the intersection of Randall and Miller Roads in Carpentersville, IL. Opening is slated for next month. The center is situated on a land area of 164,769 sq.ft. and has spaces available of 1,700 sq.ft.; 2,500 sq.ft. and 3,000 sq.ft. Asking rent is $23 psf with CAM of $1.50 psf and taxes of $2.50 psf. Area demographics include a population of 113,544 within five miles earning $86,228 as the average household income. The company also is preleasing Shoppes of Centerville, a 9,740 sq.ft. center located in Woodstock, IL. The center has spaces available of 1,500 sq.ft.; 3,000 sq.ft.; and 4,000 sq.ft. Asking rent is $16 psf with CAM of $1.50 psf and taxes of $2.50 psf. The site has an average daily traffic count of 21,300 vehicles. Area demographics include a population of 129,385 within five miles earning $70,303 as the average household income. The company also is preleasing Curran Commons, a 16,534 sq.ft. center located at the intersection of Route 120 and Curran Road in Round Lake, IL. The center is situated on a land area of 5.5 acres and has spaces available of 1,200 sq.ft.; 1,500 sq.ft.; 2,000 sq.ft. and outlots of 24,457 sq.ft.; 54,714 sq.ft. and 57,176 sq.ft. Asking rents range from $19 psf to $22 psf with CAM of $1.50 psf and taxes of $2.50 psf. Area demographics include a population of 95,000 within five miles earning $68,454 as the average household income. For more information, contact Bob Wallen, Centerville Properties, 129 East Calhoun Street, Woodstock, IL 60098; 815-334-1335, Fax 815-334-1420; Email: bob@centerprop.com; Web site: www.centerprop.com.
Packard Development is developing a 407,500 Packard Development is developing a 407,5000 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. |