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New Construction
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New Construction Charles Wayne Properties, Inc. is preleasing Tyber Creek Plaza, a 20,000 sq.ft. center located in Ormond Beach, FL. The center is situated on a land area of 5.5 acres. Opening is slated for this month. The site has an average daily traffic count of 30,000 vehicles. Area demographics include a population of 80,952 within five miles earning $38,004 as the average household income. The center has spaces available of 1,400 sq.ft.; 1,600 sq.ft. and 2,000 sq.ft. For more information, contact Thomas A. Corso, Charles Wayne Properties, Inc., 444 Seabreeze Boulevard, Daytona Beach, FL 32119; 386-238-3600 Ext. 208, Fax 386-255-8758; Email: tcorso@charleswayne.com; Web site: www.charleswayne.com.
Sevell Realty Partners, Inc. is preleasing Big Bend Road, a 15,000 sq.ft. center located at the intersection of Big Bend Road and Kings Lake Boulevard in Tampa Bay, FL. The site has an average daily traffic count of 101,000 vehicles. Construction is slated to begin during this month. For more information, contact Bjorn Erickson, Sevell Realty Partners, 501 South Dakota Avenue, Suite 3, Tampa, FL 33606; 813-514-4800, Fax 813-514-4803; Web site: www.sevellrealty.com.
Madison Retail, LLC is preleasing Madison Park at Suwanee Town Center, a 50,000 sq.ft. center located at the intersection of Buford Highway and Lawrenceville-Suwanee Highway in Atlanta, GA. Opening is slated for Summer 2006. Area demographics include a population of 110,425 within five miles earning $100,705 as the average household income. For more information, contact Fraser Gough, Madison Retail, LLC, One Overton Park, 3625 Cumberland Boulevard, Suite 430, Atlanta, GA 30339; 770-818-4138, Fax 770-818-4131; Email: fgough@madisonretailllc.com; Web site: www.madisonretailllc.com.
Sandor Development Co. is developing Wal*Mart Plaza, a 61,466 sq.ft. center located at the intersection of Cleveland Avenue and Pine Island Road in North Fort Myers, FL. Opening is slated for Summer 2006. Area demographics include a population of 103,200 within five miles earning $44,871 as the average household income. For more information, contact David Long, Sandor Development Co., 720 East Camelback Road, Suite 315, Scottsdale, AZ 85251; 480-949-9011, Fax 480-949-9020; Email: dlong@sandordev.com; Web site: www.sandordev.com.
Kissimmee Bay Management, LLC is preleasing a site located in Kissimmee, FL. The site has an average daily traffic count of 52,000 vehicles. Area demographics include a population of 68,000 within five miles earning $38,545 as the average household income. For more information, contact Tim Larson, Kissimmee Bay Management LLC, 407-348-6222, Fax 407-348-2969.
The Richden Co. is preleasing EastGate Plaza, a 19,200 sq.ft. center located in Valparaiso, IN. Opening is slated for Fall 2005. For more information, contact Dennis E. Claussen, The Richden Co., 773-871-4737; Email: richdenco@sbcglobal.net.
Morin Development Group is preleasing Pinnacle Place, a center located in Tampa, FL. Opening is slated for September. For more information, contact Kirsten Becker, Morin Development Group, 1510 West Cleveland Street, Tampa, FL 33606; 813-258-2958 Ext. 115, Fax 813-258-2959; Web site: www.morindevelopment.com.
Progressive Development Services is developing Village at Old Trace, a 100,000 sq.ft. center located on Dallas Highway in Cobb County, GA. The site has an average daily traffic count of 50,000 vehicles. Area demographics include a population of 110,000 within five miles earning $100,000 as the average household income. For more information, contact Rebecca Lambert, Progressive Development Services, 678-722-0403; Web site: www.pdsretail.com.
Forest City Retail Properties is preleasing Northfield at Stapleton, a 539,722 sq.ft. center located at the intersection of Interstate 270 and Interstate 70 in Denver, CO. The center is anchored by Bass Pro Shops, Foley’s, Harkins Theatre and Target. The company also is preleasing The Orchard Town Center, a 265,000 sq.ft. center located at the intersection of Huron Street and West 144th in Westminster, CO. Opening is slated for Fall 2006 or Spring 2007. Anchors include JCPenney, Foley’s and AMC Theatres. For more information, contact Forest City Commercial Group, 50 Public Square, Suite 1026, Cleveland, OH 44113; 216-621-6060.
Zaremba Group is preleasing The Quentin Collection, a 200,000 sq.ft. center located at the intersection of Rand Road and Quentin Road in Kildeer, IL. Opening is slated for September. The site has an average daily traffic count of 45,000 vehicles. Anchors include Stein Mart, Best Buy, Fresh Market and PetsMart. Area demographics include a population of 330,000 within seven miles earning $112,000 as the average household income. For more information, contact Mike Olsen, Zaremba Group, 14600 Detroit Avenue, Cleveland, OH 44107; 216-221-6600, Fax 216-221-9742.
The Hohmann Agency is preleasing Oak Street Plaza, a 30,000 sq.ft. center located at the intersection of 54th and Broadway in Quincy, IL. The center is situated on a land area of three acres. Opening is slated for October. The center is anchored by Wal*Mart Supercenter. Asking rents range from $14 psf to $19 psf with CAM of $1 psf and taxes of $1 psf. For more information, contact Rich Hohmann, The Hohmann Agency, 1850 West Morton, Jacksonville, IL 62650; 217-245-6166, Fax 217-245-6167; Email: rhbroker@mchsi.com.
Lawrence Holzman, Inc. is developing a 20,000 sq.ft. site located at the intersection of 163rd Street and 21st Avenue in North Miami, FL. Opening is slated for March 2006. The site has an average daily traffic count of 50,000 vehicles. For more information, contact Larry Holzman, Lawrence Holzman, Inc., 1276 Lexington Avenue, Suite 3N, New York, NY 10028-2069; 212-860-3267, Fax 212-876-5229; Email: stores4lease@aol.com.
Sterling Centercorp U.S., Inc. is preleasing Donald Ross Village, a 197,496 sq.ft. center located at the intersection of Donald Ross, Military Road and Central Boulevard in Palm Beach Gardens, FL. Opening is slated for November. The center will be anchored by a hotel, medical/fitness center and a restaurant. Area demographics include a population of 107,781 within five miles earning $94,915 as the average household income. The center has spaces available up to 13,500 sq.ft., as well as outparcels of 5,000 sq.ft. and 8,000 sq.ft. For more information, contact Tom Hamilton, Sterling Centercorp U.S., Inc., One North Clematis Street, Suite 305, West Palm Beach, FL 33401; 561-835-1810, Fax 561-833-4118.
Excel Realty Holdings is preleasing Deer Creek Crossing, a one million sq.ft. center located at the intersection of Route 28 and the Pennsylvania Turnpike in Harmar Township, PA. Opening is slated for Winter 2006. For more information, contact Excel Realty Holdings, LLC, 17140 Bernardo Center Drive, Suite 310, San Diego, CA 92128; 858-613-1800.
North American Properties is developing Town Center at Palm Coast, an 80,000 sq.ft. center located in Flagler County, FL. Opening is slated for Fall 2006. For more information, contact North American Properties, 7500 College Parkway, Fort Myers, FL 33907; 239-278-1121, Fax 239-278-0995; Web site: www.naproperties.com.
Garden Commercial Properties is preleasing Vineyard Square, a 183,000 sq.ft. center located at the intersection of Vineyard Road, Route 27 and Interstate 287 in Edison, NJ. The center will be anchored by Wal*Mart. For more information, contact Garden Commercial Properties, 820 Morris Turnpike, Short Hills, NJ 07078; 973-467-5000 Ext. 200.
Charter Realty & Development Corp. is preleasing the redevelopment of Newington Fair Plaza, a center located at the intersection of Rowley Street and Berlin Turnpike in Newington, CT. The site was formerly occupied by a 116,000 sq.ft. Caldor. The redevelopment will include a 135,000 sq.ft. Sam’s Club, Toys “R” Us and Strickley Furniture. The Caldor building will be broken up into three or four mini-anchors of 20,000 sq.ft. to 50,000 sq.ft. For more information, contact Dan Zelson, Charter Realty & Development Corp., 183 Main Street, Westport, CT 06880; 203-227-2922, Fax 203-227-8388; Web site: www.chartweb.com.
Turnberry Associates is preleasing Regal Hills, a one million sq.ft. super-regional power center located at the intersection of State Loop 1604 and Interstate 10 in San Antonio, TX. Opening is slated for Fall 2006. The center will feature national and regional retailers, indoor and outdoor dining, cafes, a bookstore and an entertainment complex. For more information, contact Don Epley, Turnberry Associates, 19501 Biscayne Boulevard, Suite 400, Aventura, FL 33180; 305-937-6200, Fax 305-933-5508; Email: epleyd@turnberry.com.
The Paradise Group is preleasing Clearwater Town Square, a 14,880 sq.ft. center located at the intersection of Fort Harrison Avenue and Turner Street in Clearwater, FL. Area demographics include a population of 249,444 within five miles earning $48,226 as the average household income. The company also is preleasing Shoppes at Lake Worth, a center located at the intersection of Lake Worth Road and Nassau Road in Lake Worth, FL. The site has an average daily traffic count of 98,000 vehicles. Area demographics include a population of 99,620 within three miles earning $49,935 as the average household income. The company also is preleasing the following centers: Corsica Square, an 88,902 sq.ft. center located at the intersection of 152nd Street and 157th Avenue in Miami, FL. Opening is slated for the first quarter of 2006. Area demographics include a population of 219,169 within five miles earning $58,565 as the average household income; Paraiso Parc, a 66,000 sq.ft. center located at the intersection of Pines Boulevard and Interstate 75 in Pembroke Pines, FL. The site has an average daily traffic count of 64,000 vehicles. Opening is slated for the third quarter of 2006; Shoppes of Sugarmill Woods, a 14,000 sq.ft. center located at the intersection of U.S. Highway 19 and U.S. Highway 98 in Homosassa, FL. Area demographics include a population of 15,403 within five miles earning $45,035 as the average household income; Shoppes of Northwood, a center located at the intersection of State Road 56 and Bruce B. Downs Boulevard in Wesley Chapel, FL. Opening is slated for next year. Area demographics include a population of 21,443 within three miles earning $82,596 as the average household income; Shoppes at Cross Creek, a 69,600 sq.ft. center located at the intersection of Old Tampa Road and Ft. Hamer Road in Parrish, FL. Opening is slated for next year. Area demographics include a population of 6,253 within three miles earning $70,074 as the average household income. For more information, contact The Paradise Group, 2901 Rigsby Lane, Safety Harbor, FL 34695; 727-726-1115, Fax 727-726-2337.
Carolina Holdings, Inc. is developing The Shoppes at Citrus Park, a center located at the intersection of Sheldon Road and Citrus Park Drive in Tampa, FL. The center will be situated on a land area of 7.5 acres and will have a GLA of 30,000 sq.ft. Area retail includes Burdines, Dillard’s, JCPenney, Sears and Regal Cinema 20. For more information, contact Britt Goodson, Carolina Holdings, Inc., PO Box 25909; 864-272-0088, Fax 864-272-0078; Email: britt.goodson@choldings.com; Web site: www.choldings.com.
Katz & Associates is preleasing a 200,000 sq.ft. center located at the intersection of Illinois Road and Route 69 in Fort Wayne, IN. The site has an average daily traffic count of 50,000 vehicles. Area demographics include a population of 277,483 within 10 miles earning $46,483 as the average household income. For more information, contact Dan Mitchell or Marlon Stone, Katz & Associates, 1100 Jorie Boulevard, Suite 251, Oak Brook, IL 60523; 630-571-5692, Fax 630-571-5694; Emails: danmitchell@dkatz.com and marlonstone@dkatz.com; Web site: www.katzassociates.com.
Taubman is developing Partridge Creek, a 591,600 sq.ft. center located at the intersection of M-59 and Romeo Plank Road in Macomb County, MI. The center will include 85 shops with a GLA of 264,000 sq.ft., a 52,300 sq.ft. MJR Theaters and five restaurants with a combined GLA of 36,000 sq.ft. Opening is slated for 2007. The site has an average daily traffic count of 84,000 vehicles. Demographics include a trade-population of 512,400. For more information, contact Taubman, 200 East Long Lake Road, Bloomfield Hills, MI 48303-0200; 248-258-6800; Web site: www.taubman.com.
Breslin Realty is developing a retail site situated on a land area of 20 acres at the intersection of Montauk Highway and James Hawkins Road in Center Moriches, NY. The site has an average daily traffic count of 18,000 vehicles. Area demographics include a population of 91,597 within seven miles earning $65,630 as the average household income. For more information, contact John Culmone, Breslin Realty, 500 Old Country Road, Garden City, NY 11503; 516-741-7400 Ext. 251, Fax 516-741-5621.
Menin Development Cos. is developing Downtown at the Gardens, a 338,100 sq.ft. center located just north of Alternate A1A and PGA Boulevard in Palm Beach Gardens, FL. Opening is slated for Fall 2005. The center is situated on a land area of 60 acres. The center is anchored by Whole Foods Market and Cobb 16-screen Theatre and is tenanted by Strip House, Yardhouse, Sur La Table, Starbucks, City Kitchen, Max’s Grille, Casablanca, Couture Optique, The Grape, RA Sushi, TooJay’s, Sloan’s Ice Cream and Addison Gallery. Area demographics include a population of 284,000 within 10 miles earning $86,000 as the average household income. The site has an average daily traffic count of 61,000 vehicles. For more information, contact Ashley Barton, Menin Development Cos., 3501 PGA Boulevard, Suite 201, Palm Beach Gardens, FL 33410; 561-282-5000 Ext. 229, Fax 561-282-5718; Email: abarton@menindevelopment.com; Web site: www.menindevelopment.com.
D.L. Slaughter Co. is preleasing Coolidge Gateway Shopping Center located at the intersection of SEC Highway 287 and Arizona Boulevard in Coolidge, AZ. Area retail includes Wal*Mart Supercenter, Safeway and Walgreens. Opening is slated for the fourth quarter of 2006. For more information, contact Steve Bonnell, D.L. Slaughter Co., 2720 East Camelback Road, Suite 250, Phoenix, AZ 85016; 602-957-3553, Fax 602-957-9829.
The Sembler Co. is preleasing Shoppes of Palm Valley, a 40,087 sq.ft. center located in Ponte Vedra Beach, FL. Opening is slated for this month. The center is anchored by Publix and has spaces available of 990 sq.ft. and 1,220 sq.ft. For more information, contact Sue Harker, The Sembler Co., 100 Rialto Place, Suite 709, Melbourne, FL 32901; 321-733-7085, Fax 321-733-7184; Email: sue.harker@sembler.com; Web site: www.sembler.com.
JBG Rosenfeld Retail is preleasing Jenkins Row on Capitol Hill, a mixed-use development located at the intersection of Pennsylvania Avenue and Potomac Avenue in Washington, DC. Opening is slated for the fourth quarter of 2006. The center will be anchored by Harris Teeter and will have spaces available of 1,600 sq.ft. and 2,600 sq.ft. Area demographics include a population of 34,612 within one mile earning $69,322 as the average household income. The site has an average daily traffic count of 20,000 vehicles. For more information, contact JBG Rosenfeld Retail, 4445 Willard Avenue, Suite 700, Chevy Chase, MD 20815; 301-657-0700; Web site: www.jbgr.com.
Woolbright Development, Inc. is redeveloping Palm Lakes Plaza, a 110,000 sq.ft. center located at the intersection of Atlantic Boulevard and Rock Island Road in Margate, FL. The center is anchored by Publix and CVS. The center will undergo a major renovation, including new facades, landscaping and parking lot. Area demographics include a population of 374,000 within five miles earning $59,000 as the average household income. The site has an average daily traffic count of 76,000 vehicles. The company also is developing Collection at Vanderbilt, a 253,000 sq.ft. center located at the intersection of Vanderbilt Beach Road and Airport Pulling Road in Naples, FL. The center is anchored by Fresh Market and Benihana. Area demographics include a population of 103,907 within five miles earning $99,808 as the average household income. The project will feature a mix of upscale national and local retailers, as well as seven outparcels and 35,000 sq.ft. of professional offices. For more information, contact Woolbright Development, Inc., 3200 North Military Trail, Fourth Floor, Boca Raton, FL 33431; 561-989-2240, Fax 561-994-1357; Web site: www.woolbright.net.
Windsor Development is developing a site located at the intersection of Pine Island Road and Chiquita Boulevard in Cape Coral, FL. The northeast corner parcel is 9.13 acres. The southeast corner has five subdivided lots that consist of 2.57 acres. For more information, contact Robert C. Miller Jr., Windsor Realty, LLC, 407 East Cape Coral Parkway, Cape Coral, FL 33904; 239-560-5300; Email: rmillerjr@windsorrealtygroup.com.
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