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New Construction
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New Construction Harbert Realty Services, Inc. is preleasing the Shops at Market Square, a 9,000 sq.ft. center located at the intersection of Daniels Parkway and Highway 41 in Fort Myers, FL. The center is shadow-anchored by a SuperTarget. Opening is slated for the fall. Area demographics include a population of 56,085 within three miles earning $57,151 as the average household income. The site has an average daily traffic count of 46,000 vehicles. For more information, contact Eric Massey, Harbert Realty Services, 1901 Sixth Avenue North, Suite 2001, Birmingham, AL 35203; 205-458-8116 or 205-323-2020; Email: emassey@harbertrealty.com.
Territory, Inc. is preleasing Blue Diamond Ranch Center, a 150,000 sq.ft. center located at the intersection of Blue Diamond and Decatur in Las Vegas, NV. The center will be anchored by a supermarket and will have pad and inline spaces available. For more information, contact Tami Lord, Territory, Inc., 7448 West Sahara Avenue, Suite 101, Las Vegas, NV 89117; 702-222-1402, Fax 702-227-0746; Email: tamilord@territoryinc.com; Web site: www.territoryinc.com.
Garden Commercial Properties is preleasing a 520,000 sq.ft. mixed-use site located at the site of the former Flemington Fairgrounds in Flemington, NJ. The site will contain elements of a power retail center, community retail center, entertainment, civic center and office park in a pedestrian-friendly downtown atmosphere. The center will be anchored by Wal*Mart and Lowe’s Home Improvement. Opening is slated for Fall 2006. For more information, contact Michael Gartenberg, Garden Commercial Properties, 820 Morris Turnpike, Short Hills, NJ 07078; 973-467-5000 Ext. 123, Fax 973-467-3480; Email: michaelg@gardenhomes.com.
Finard & Co. is preleasing Quarry Place, a 215,000 sq.ft. center located on Fortune Boulevard in Milford, MA. Area retail includes Lowe’s Home Improvement and Sports Authority. The site has an average daily traffic count of 80,000 vehicles. For more information, contact Nick Herz or Don Mace, Finard & Co., One Burlington Woods Drive, Burlington, MA 01803; 781-418-6205, Fax 781-418-6243; Email: nherz@finard.com and dmace@finard.com; Web site: www.finard.com.
New Markets, LLC is preleasing Poindexter Corridor, a 232,000 sq.ft. center located in Chesapeake, VA. Area demographics include a population of 91,139 within three miles earning $34,469 as the average household income. For more information, contact Frank White, New Markets, LLC, 16606 Harbour Town Drive, Silver Spring, MD 20905; 877-476-9801, Fax 301-476-9842; Email: frankwhite@newmarketsllc.com.
The Rotella Group is preleasing Shops at City Gardens, a 17,290 sq.ft. center located at the intersection of U.S. Highway 1 and N.E. 4th Street in Pompano Beach, FL. The center will be situated on a land area of three acres and is slated to open during January 2006. Area demographics include a population of 228,482 within five miles earning $59,991 as the average household income. Area retail includes Winn-Dixie Market Place. Asking rents range from $25 psf to $30 psf with CAM of $3 psf and taxes of $4 psf. For more information, contact Steve Miller, The Rotella Group, Inc., 3300 North Federal Highway, Suite 200, Fort Lauderdale, FL 33306; 954-568-9015, Fax 954-568-9597; Email: steve@rtcgrealestate.com.
Schmier & Feurring Realty is preleasing Wellington Green, a 175,000 sq.ft. center located on Forest Hill Boulevard in Wellington, FL. The center is situated on a land area of 28 acres. The center has spaces available of 5,000 sq.ft.; 18,000 sq.ft. and 40,000 sq.ft. Opening is slated for the fourth quarter of 2006. For more information, contact Roxanne Register, Schmier & Feurring Realty, 7777 Glades Road, Suite 310, Boca Raton, FL 33486; 561-488-9100, Fax 561-482-0181; Web site: www.sfrealty.com.
Centdev Properties, LLC is developing Northlake Village, a 140,000 sq.ft. center located at the intersection of Interstate 77 and Harris Boulevard in Charlotte, NC. The village retail project will be anchored by HH Gregg and the new Staples Office Super Store prototype. The center also will include two restaurant outparcels and approximately 25,000 sq.ft. of small and medium shop space. For more information, contact Dale Tweedy, Centdev Properties, LLC, 16930 West Catawba Avenue, Suite 206, Cornelius, NC 28031; 704-895-1535 ext. 17, Fax: 704-895-1504; Email: dtweedy@centdev.com; Web site: www.centdev.com.
Regency Centers is preleasing Jefferson Square, a 97,014 sq.ft. center located at the intersection of Jefferson Street and Fred Waring Drive in La Quinta, CA. The center has spaces available of 43,887 sq.ft.; 11,707 sq.ft.; 6,058 sq.ft.; 5,207 sq.ft. and three spaces of 5,000 sq.ft. available, and is tenanted by CVS. Area demographics include a population of 72,932 within three miles earning $68,962 as the average household income. For more information, contact Regency Centers, 555 South Flower Street, Suite 3500, Los Angeles, CA 90071; 877-401-4211.
Edgewood Properties is developing Somerville Towne Center, a mixed-use center located at the intersection of West Main Street and South Doughty Avenue in Somerville, NJ. The center will include 136,000 sq.ft. of retail space, 73,000 sq.ft. of office space, 265 luxury apartments and two parking garages. The retail space will include a restaurant and a fitness center. The center is currently tenanted by Pathmark. For more information, contact Philip Hatch, Edgewood Properties, 1260 Stelton Road, Piscataway, NJ 08854; 732-985-1900, Fax 732-985-5588; Email: phatch@edgewoodprop.com.
The Velmeir Cos. is developing a site located at the intersection of Bagley Road and Michigan 32 in Alpena, MI with an average daily traffic count of 22,900 vehicles. Area retail includes Home Depot, Wal*Mart, Staples and Walgreens. For more information, contact The Velmeir Cos., 5757 West Maple, Suite 800, West Bloomfield, MI 48322; 248-539-7997, Fax 248-539-9449.
Steiner & Associates is developing the following centers: Bayshore, a center located in Milwaukee, WI. The development will take the existing center from 500,000 sq.ft. to 1.2 million sq.ft. with the addition of a new town center opening next year; The Greene, an 800,000 sq.ft. center located in Dayton, OH. Opening is slated for August 2006. The center is currently 50% preleased. When complete, the project will also feature 150 luxury loft-style apartments, 100,000 sq.ft. of high-tech office suites and a full-service hotel; and The Lofts at Zona Rosa, luxury-style apartments located above retail in Kansas City, MO. Retailers include Gap, GapKids, babyGap, Sharper Image and Build-A-Bear Workshop. For more information, contact Steiner & Associates, 4016 Townsfair Way, Suite 201, Columbus, OH 43219; 614-414-7300. |