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New Construction
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New Construction Cedarwood Development, Inc. is developing Waterville Commons, a 600,000 sq.ft. center located on Interstate 95 in Waterville, ME. The center is anchored by Wal*Mart Supercenter, The Home Depot, Staples and Ruby Tuesday. The site has an average daily traffic count of 24,000 vehicles. The center has spaces available of 20,000 sq.ft.; 25,000 sq.ft. and 30,000 sq.ft. Opening is slated for Summer 2006. Area demographics include a population of 32,000 within five miles earning $44,000 as the average household income. The company also is developing Toledo Commons, a 370,000 sq.ft. center located at the intersection of Byrne Road and Detroit Avenue in Toledo, OH. The center is anchored by Wal*Mart and Aldi. Area retail includes Kroger Supermarket and Sears Hardware. Area demographics include a population of 205,000 within five miles earning $55,000 as the average household income. For more information, contact David V. Ferron, Cedarwood Development, Inc., 9 Loving Terrace, Lake Monticello, Palmyra, VA 22963; 434-591-0004.
Legend Properties, Inc. is preleasing The Riverwalk at Penns Grove, a 191,000 sq.ft. center located at the intersection of West Main Street and Delaware Avenue in Penns Grove, NJ. The mixed-use center will be used for retail, office, restaurant and entertainment space. The center will be situated on a land area of 25 acres. Area demographics include a population of 379,044 within 10 miles earning $53,240 as the average household income. For more information, contact Joseph Scarpa, Legend Properties, Inc., 20000 Horizon Way, Suite 280, Mount Laurel, NJ 08054-4303; 856-231-1010, Fax 856-231-1111; Email: jscarpa@lpre.com; Web site: www.lpre.com.
Read King Commercial Real Estate is preleasing Crossroads at Clear Creek, a center located at the intersection of FM 518 and FM 270 in League City, TX. The site has an average daily traffic count of 55,000 vehicles. Opening is slated for the Spring. Area demographics include a population of 162,530 within five miles earning $66,907 as the average household income. For more information, contact Read King Commercial Real Estate, 5850 San Felipe, Suite 490, Houston, TX 77057; 713-782-9000.
The Rappaport Cos. is developing Cameron Chase Village Center, a 44,000 sq.ft. center located on Farmwell Road in Ashburn, VA. For more information, contact The Rappaport Cos., 8405 Greensboro Drive, Suite 830, McLean, VA 22102-5121; 571-382-1290, Fax 571-382-1210; Email: leasing@rappaportco.com; Web site: www.rappaportco.com.
Michael Antkies Retail Real Estate is preleasing a proposed 80,000 sq.ft. center located at the intersection of Route 59 and Route 303 in West Nyack, NY. Area retail includes Filene’s and The Palisades Shopping Center. Area demographics include a population of 580,253 within 10 miles earning $72,747 as the average household income. For more information, contact Michael Antkies, Michael Antkies Retail Real Estate, 226 Great Hill Road, Ridgefield, CT 06877; 203-438-9525, Fax 203-894-8434; Email: mantkies@antkies.com.
Edgewood Properties is developing Brick 70 Center located at the intersection of Ramp Road and Shorrock in Brick Township, NJ. Area retail includes Home Depot, Lowe’s Home Improvement, Circuit City, Target, Kohl’s and ShopRite. Area demographics include a population of 202,431 within five miles earning $69,111 as the average household income. For more information, contact Edgewood Properties, 1260 Stelton Road, Piscataway, NJ 08854; 732-985-1900.
GVA Williams is preleasing Super Stop & Shop Plaza, a center located at the intersection of Elm Street and Wagner Place in West Haven, CT. The center is tenanted by Super Stop & Shop, Tommy K’s Video, Aaron’s Rental and a liquor store. For more information, contact Dominick Musilli, GVA Williams, 1055 Washington Boulevard, Stamford, CT 06901; 203-961-6582; Email: dmusilli@gvawilliams.com; Web site: www.gvawilliams.com.
The Peterson Cos. is developing Waldorf Town Center, a 190,000 sq.ft. main street style center located on Maryland Route 301 in Waldorf, MD. The center will be situated on a land area of 40 acres. Planned uses include a bookstore, upscale shops and several restaurants. Area demographics include a population of 96,898 within seven miles earning $94,495 as the average household income. The company also is developing Crosstrail, a 550-acre master-planned community located on the Dulles Greenway in Leesburg, VA. At completion, the project will include 775,000 sq.ft. of town center retail, 125,000 sq.ft. of supermarket-anchored retail, more than 1.5 million sq.ft. of office space and over 1,400 residential units. Demographics include a trade-area population of 96,838 earning $107,466 as the average household income. For more information, contact Janet McCarthy, The Peterson Cos., 12500 Fair Lakes, Suite 400, Fairfax, VA 22033; 703-227-2000, Fax 703-818-1250; Email: jmccarthy@petersoncos.com; Web site: www.petersoncos.com.
Goodman Real Estate Services Group, LLC is preleasing Meadowlands Town Center, a 450,000 sq.ft. project located at the intersection of Center Street and 7th Avenue in Chardon, OH. The center will be anchored by Wal*Mart Supercenter and The Home Depot. Area demographics include a population of 134,437 within 10 miles earning $62,573 as the average household income. The company also is preleasing Lighthouse Village, a 450,000 sq.ft. center located at the intersection of Leavitt Road and Jaeger Road in Amherst, OH. Area demographics include a population of 210,749 within 10 miles earning $54,345 as the average household income. The company also is preleasing Chester Centre, a 300,000 sq.ft. center located at the intersection of Center Road and Chester Road in Avon, OH. Area retail includes Costco, Heinen’s, Target, Kohl’s, The Home Depot, Linens ‘n Things, Old Navy, Marshalls, Michaels, Cost Plus World Market, Pier 1 Imports and Ethan Allen. Area demographics include a population of 159,986 within seven miles earning $76,031 as the average household income. For more information, contact Goodman Real Estate Services Group, LLC, Legacy Village, 25333 Cedar Road, Suite 305, Lyndhurst, OH 44124; 216-381-8200, Fax 216-381-8211; Web site: www.goodmanrealestate.com.
Packard Development is planning to develop a center located on Greenland Road, off Interstate 95, in Greenland, NH with an average daily traffic count of 73,000 vehicles. The center will be anchored by a proposed Lowe’s Home Improvement, with a major discount retailer and 70,500 sq.ft. of additional retail space. Area demographics include a population of 126,220 within 10 miles earning $66,402 as the average household income. For more information, contact Packard Development, One Wells Avenue, Newton, MA 02459; 617-965-1966.
Nassimi Realty Corp. is preleasing a proposed center located at the intersection of Schoolhouse Road and Elizabeth Avenue in Franklin Township, NJ. The center is situated on a land area of 11 acres and has pad sites and anchor spaces available. Area demographics include a population of 647,260 within 10 miles earning $89,251 as the average household income. For more information, contact Natascha Nassimi, Nassimi Realty Corp., 370 7th Avenue, Suite 1700, New York, NY 10001; 212-643-8080, Fax 212-643-2626; Email: natascha@nassimirealty.com; Web site: www.nassimirealty.com.
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