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Exclusives
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Exclusives Metrovation Brokerage (510-839-4000) is representing Longs Drugs, a 450-unit chain, in its expansion throughout the San Francisco Bay area of CA. The company is looking for freestanding sites or the anchor slot in shopping centers from 12,000 sq.ft. to 18,000 sq.ft. with a drive-thru. Preferred sites include downtown and suburban areas. The company also is representing Stein Mart in its expansion throughout northern CA. The company is looking for spaces of 28,000 sq.ft. to 35,000 sq.ft. in freestanding locations and shopping centers. Preferred demographics include a trade-area population of 100,000 earning $70,000 as the average household income. Stein Mart prefers to cotenant with upscale tenants. Stein Mart offers fashion merchandise, including moderate to designer brand-name apparel for women, men and children, as well as accessories, gifts, linens, shoes and fragrances. The company also is representing Andronico’s Market in its expansion throughout northern CA. The company is looking for spaces of 40,000 sq.ft. on main thoroughfares in upscale trade areas. Preferred demographics include a trade-area population of 100,000 earning $75,000 as the median household income.
Retail Properties, LLC (804-794-5656) is representing Applebee’s Neighborhood Grill & Bar in its expansion throughout the central, western and eastern VA markets. The company prefers sites of 1.5 acres in freestanding locations and endcaps. Preferred demographics include a population of 30,000 within three miles and 60,000 within five miles earning $40,000 as the average household income. The company prefers a site with an average daily traffic count of 30,000 vehicles.
DJM Asset Management (631-752-1100) has been retained by Kash n’ Karry to dispose of 38 store locations throughout central, eastern and northern FL. The closure of the stores and disposition of the leasehold locations is in response to Kash n’ Karry’s announced growth strategy, which will focus on growing resources throughout Tampa and the state’s West Coast. The locations are freestanding and in strip centers and range from 25,000 sq.ft. to 49,500 sq.ft. DJM Asset Management, LLC appraises properties, disposes of and/or mitigates lease liabilities and acquires retail, commercial and industrial real estate that does not fit into their client’s long-term goals.
Rushing Commercial Real Estate (503-588-8500) is representing Payless ShoeSource in its expansion surrounding Portland, OR. The 4,600-unit chain operates locations nationwide. The company prefers spaces of 3,000 sq.ft. in freestanding locations and strip centers. Preferred cotenants include Wal*Mart Supercenter and Super Target.
Cascade Commercial (425-452-9292) is representing Museum Quality Framing in its expansion throughout WA. The 50-unit chain operates locations throughout OR and WA and prefers spaces of 1,000 sq.ft. in endcaps, strip centers and freestanding locations. Typical leases run five years. The company prefers to cotenant with supermarkets.
Welco Realty, Inc. (914-576-7500) is exclusively representing a 130,000 sq.ft. center located in Newark/Irvington, NJ. The former Pabst Brewery site is located at the intersection of South Orange Avenue and Grove Street. Negotiations are underway with major anchors from 30,000 sq.ft. to 70,000 sq.ft. Opening is slated for Spring 2005.
Colliers International (707-863-0675) is representing Travis Credit Union in its expansion throughout Solano, Yolo, Napa and Contra Costa County in CA. The company prefers spaces of 2,800 sq.ft. to 3,000 sq.ft. in freestanding locations and endcaps and prefers lease options.
Staubach Retail Services (415-908-4942) is representing Chevron in its expansion throughout CA, with a focus on the greater Sacramento area, the Greater Bay area, Monterey, Stockton and Modesto. The company requires a land area of 30,000 sq.ft. to 60,000 sq.ft. and existing infill locations, as well as new growth areas.
Northwest Atlantic (425-462-2061) is representing the following companies in their expansion throughout the U.S.: Pier 1 Imports, Starbucks, Whole Foods Market, Vons, Old Navy, PetsMart, Rite-Aid, Washington Mutual and Jamba Juice.
Roller Real Estate, Inc. (408-323-1500) is representing Euphnet Internet & PC Gaming Center in its expansion throughout Santa Clara County, CA. The company prefers spaces of 1,000 sq.ft. to 1,500 sq.ft. near junior high schools and high schools. The company also is representing Perfect Studio in its expansion throughout the San Francisco Bay area. The company prefers spaces of 1,000 sq.ft. to 1,500 sq.ft. in supermarket-anchored centers, new developments and strip centers. The company also is representing Off The Hook Wireless in its expansion throughout Santa Clara and San Mateo Counties in CA. The company prefers spaces of 900 sq.ft. to 1,200 sq.ft. in endcaps, inline spaces, strip centers and supermarket-anchored centers. The company also is representing The Cut in its expansion throughout the San Francisco Bay area. The company prefers spaces of 1,000 sq.ft. to 1,500 sq.ft. in strip and supermarket-anchored centers.
Royal Properties, Inc. (914-237-3403) is exclusively representing the following retailers: Hammett’s Learning World in its expansion throughout the Northeast. The 62-unit chain is planning to open 10 locations and is looking for spaces of 3,000 sq.ft. in strip and power centers; Just A Buck in its expansion throughout CT, NJ and NY. The 50-unit chain occupies spaces of 3,000 sq.ft. to 5,000 sq.ft. in power centers; Executive Tan in its expansion throughout CT, NJ and NY. The 84-unit chain occupies spaces of 1,200 sq.ft. to 1,600 sq.ft. in strip and power centers. Typical leases run five years with five-year options; UPS Store in its expansion throughout CT and NY. The 4,500-unit chain occupies spaces of 1,500 sq.ft. to 1,800 sq.ft. in downtown areas and strip and power centers; and Kumon Math & Reading Center in its expansion nationwide. The 1,300-unit chain occupies spaces of 800 sq.ft. to 1,500 sq.ft. in strip and power centers.
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