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New Construction
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New Construction Kite Development is developing Weston Park, a center located at the intersection of 106th and Michigan Road in Carmel, IN. Area retail includes Super Target and Marsh Supermarket. For more information, contact Andrew Hasbrook, Kite Development, 30 South Meridian Street, Suite 1100, Indianapolis, IN 46204; 317-713-5663, Fax 317-577-5605; Email: ahasbrook@kiteco.com.
Hartz Mountain Industries, Inc. is developing Harmon Meadow, a center located off Route 3 in Secaucus, NJ. The center will be anchored by Wal*Mart and Sam’s Club and tenanted by Kohl’s, Modell’s, Foot Locker, Parade of Shoes, Sam Goody, Outback Steakhouse, Houlihan’s, Uno Chicago Grill, Red Lobster, Olive Garden, Tutto Bene, Sizzlers Steakhouse, Bazookas, Atlantis Health Club & Spa, Herbert’s Billiards & Sports Bar and Loews Multiplex Theatres. Opening is slated for Summer 2005. For more information, contact Hartz Mountain Industries, Inc., 400 Plaza Drive, Secaucus, NJ 07096-1515; 201-348-1200, Fax 201-348-4358. For further information, contact Welco Realty, Inc., 2525 Palmer Avenue, New Rochelle, NY 10801; 914-576-7500, Fax 914-576-7596.
Maestas & Ward Commercial Real Estate is developing a center located at the intersection of Interstate 25 and State Road 6 in Los Lunas, NM. The center will be anchored by Home Depot. Area demographics include a population of 49,784 within 10 miles earning $38,999 as the average household income. For more information, contact Michele Genrich or Steve Maestas, Maestas & Ward Commercial Real Estate, 7620 Jefferson NE, Albuquerque, NM 87109; 505-878-0001, Fax 505-878-0002; Emails: michele@maestasandward.com and steve@maestasandward.com; Web site: www.maestasandward.com.
DKH Interests is developing Alore III, a 101,000 sq.ft. center located at the intersection of FM 1960 and East of Westlake Houston Parkway in Atascocita, TX. The center will be anchored by Alamo Draft House. Opening is slated for May 2005. Area demographics include a population of 76,261 within five miles earning $105,873 as the average household income. For more information, contact Sean Hicks, DKH Interests, 110 Vision Park Boulevard, Suite 103, The Woodlands, TX 77384; 936-321-0010, Fax 936-321-0015.
Paster Enterprises, LLC is developing Crystal Shopping Center and a Target located at the intersection of Bass Lake Road and West Broadway in Crystal, MN. Crystal Shopping Center will be 227,200 sq.ft., while Target will be 142,800 sq.ft. Anchor tenants include Marshalls, Michael’s Crafts, Robin Lee’s Hallmark and Hancock Fabrics. Area demographics include a population of 261,819 within five miles earning $64,889 as the average household income. For more information, contact Paster Enterprises, LLC, 2227 University Avenue, St. Paul, MN 55114; 651-646-7901, Fax 651-646-1389; Web site: www.pasterenterprises.com.
CB Richard Ellis, Inc. is preleasing Country Aire Commons, a center located at the intersection of Weber Road and Lily Cache Road in Bolingbrook, IL. Area retail includes Target Greatland, Borders Books, Best Buy, Circuit City, Linens ‘N Things, Kohl’s, Showplace 12 Cinema, Meijer, The Home Depot and Jewel-Osco. For more information, contact Carole Berg, CB Richard Ellis, Inc., 700 Commerce Drive, Suite 550, Oak Brook, IL 60523; 630-573-7000, Fax 630-573-7018; Web site: www.cbre.com.
NAI Hiffman is preleasing The Grove, a 30-acre development located on Randall Road, just north of Interstate 90, in Elgin, IL. The center will include outdoor seating, period lighting, pedestrian plazas, distinctive fountains and interconnecting sidewalks. For more information, contact David A. Lewand, NAI Hiffman, One South Wacker Drive, Suite 1990 Chicago, IL 60606; 312-327-6900, Fax 312-923-8023; Web site: www.hiffman.com.
Watt Commercial Properties is preleasing an 80,000 sq.ft. expansion of North Mesa Plaza, a center located at the intersection of Craig Road and Clayton Avenue in North Las Vegas, NV. Area retail includes Wal*Mart Supercenter, Target, Rite Aid, Vons, Home Depot, 24-Hour Fitness, Petco, OfficeMax, PetsMart, Michaels and 99 Cent Store. Area demographics include a population of 362,421 within five miles earning $56,327 as the average household income. For more information, contact Barbara Toth, Watt Commercial Properties, 2716 Ocean Park Boulevard, Suite 3088, Santa Monica, CA 90405-5218; 310-314-2513; Email: btoth@wattcommercial.com; Web site: www.wattcommercial.com.
Staubach Retail Services is preleasing a site located at the intersection of Interstate 540 and Highway 1 in Plantation Point-Raleigh, NC. Opening is slated for Spring 2006. The center will include 312,000 sq.ft. of anchor space and 65,000 sq.ft. of small shops. Area retail includes Triangle Towne Centre, which is anchored by Belk, Dillard’s, Hecht’s and Sears. Area demographics include a population of 125,503 within five miles earning $87,843 as the average household income. For more information, contact Brian Murphy, Staubach Retail Services, 15601 Dallas Parkway, Suite 400, Addison, TX 75001; 972-361-5076; Email: brian.murphy@staubach.com.
Michael Antkies Retail Real Estate is preleasing a proposed center located at the intersection of Route 59 and Route 303 in West Nyack, NY. The center will have spaces of 50,000 sq.ft. to 80,000 sq.ft. available on a land area of 6.8 acres. Area retail includes The Palisades Shopping Center. For more information, contact Michael Antkies Retail Real Estate, 226 Great Hill Road, Ridgefield, CT 06877; 203-438-9525, Fax 203-894-8434; Email: mantkies@antkies.com.
A&B Properties, Inc. is planning to develop Crossroads Center, a 62,000 sq.ft. mixed-use center situated on a land area of 6.5 acres in Valencia, CA. Construction is expected to begin during the first quarter of 2005, with completion slated for the second quarter of 2006. For more information, contact Meredith J. Ching, A&B Properties, Inc., 822 Bishop Street, Honolulu, HI 96813; 808-525-6669, Fax 808-525-8447; Email: mching@abinc.com.
W.M. Grace Development and Diamond Ventures, Inc. are developing a 300,000 sq.ft. center located at the intersection of River and La Cholla Boulevard in Tucson, AZ. For more information, contact Diamond Ventures, Inc., 7575 North 16th Street, Suite 1, Phoenix, AZ 85020; 602-956-8254, Fax 602-943-3548; Email: wmgraceco@msn.com.
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