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New Construction
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New Construction Katz & Associates Corp. is preleasing Altoona Walk, a proposed 200,000 sq.ft. center located at the intersection of Hubbell Road and 34th Avenue in Altoona, IA. Area retail includes Target, Staples, Lowe’s Home Improvement, Wal*Mart and Menards. Demographics include a trade-area population of 174,185 earning $51,589 as the average household income. For more information, contact Dan Mitchell or Marlon Stone, Katz & Associates Corp., 1100 Jorie Boulevard, Suite 251, Oak Brook, IL 60523; 630-571-5692, Fax 630-571-5694; Emails: danmitchell@dkatz.com and marlonstone@dkatz.com.
Madison Retail Group is preleasing 1800 Wilson Boulevard located in Arlington, VA. The residential condominium will include retail space located on the corner of Quinn Street and Wilson Boulevard and along Clarendon Boulevard. The company also is preleasing Tavern Square, a site with 5,000 sq.ft. of retail space located at the intersection of Pitt Street and King Street in Alexandria, VA. For more information, contact Jim Farrell or Anastasia Kharchenko, Madison Retail Group, 1850 M Street, NW, 12th Floor, Washington, DC 20036; 202-730-2008/2018; Web site: www.madisonretailgroup.com.
Finard & Co., LLC is preleasing Cowesett Corners, a 144,264 sq.ft. center located at the intersection of Routes 2 and 3 in Warwick, RI. Tenants include Fabric Place, Applebee’s, Hallmark and Fashion Bug. Demographics include a trade-area population of 631,442 earning $59,520 as the average household income. The company also is preleasing Ethan Allen Plaza, a 24,500 sq.ft. center located on Plaistow Road in Plaistow, NH. Opening is slated for the fall. Area retail includes Home Depot, Pizzeria Uno, Applebee’s and Longhorn Steakhouse. Area demographics include a population of 329,427 within 10 miles earning $66,595 as the average household income. The site has an average daily traffic count of 30,000 vehicles. The company also is preleasing The Crossings At South Dennis, a center located on Route 134 in South Dennis, MA. Opening is slated for the summer. Area retail includes Stop & Shop, Dress Barn and Marshalls. For more information, contact Dan Connelly, Finard & Co., LLC, One Burlington Woods Drive, Burlington, MA 01803; 781-418-6217, Fax 781-229-2823; Email: dconnelly@finard.com; Web site: www.finard.com.
The Retail Connection is preleasing Thornbridge Marketplace, a center located at the intersection of North Tarrant Parkway and Davis Boulevard in North Richland Hills, TX. The site has an average daily traffic count of 50,141 vehicles. Area retailers include Wal*Mart Supercenter, Blockbuster Video, SuperTarget, Washington Mutual, Albertsons, Walgreens, Chase, Payless ShoeSource and Radio Shack. Area demographics include a population of 198,455 within five miles earning $103,520 as the average household income. The company also is preleasing a 32-acre site located at the intersection of Dallas North Tollway and Eldorado Parkway in Frisco, TX. Area demographics include a population of 281,667 within 10 miles earning $93,520 as the average household income. For more information, contact Chris Thomas, The Retail Connection, 2525 McKinnon Street, Suite 700, Dallas, TX 75201; 214-572-0777, Fax 214-572-0009; Email: cthomas@theretailconnection.net; Web site: www.theretailconnection.net.
Block & Co., Inc. is preleasing Citadel Plaza, a center located at the intersection of 63rd Street and Prospect Avenue in Kansas City, MO. Area demographics include a population of 100,000 within three miles. The site has an average daily traffic count of 50,000 vehicles. For more information, contact Block & Co., Inc., 605 West 47th Street, Kansas City, MO 64112; 816-531-1400, Fax 816-932-5582; Web site: www.blockandco.com.
GVA Williams is preleasing Split Rock Corner, a center located at the intersection of Old Stratford Road and Bridgeport Avenue in Shelton, CT. The center is currently tenanted by Walgreens, Outback Steakhouse, ColdStone Creamery and Quizno’s. The center has spaces available of 1,000 sq.ft. to 25,000 sq.ft. Rents range from $35 psf NNN. The company also is preleasing a 65,000 sq.ft. center located on Foxon Boulevard in New Haven, CT. Area retail includes Wal*Mart Supercenter and Lowe’s Home Improvement Center. Area demographics include a population of 229,596 within five miles earning $53,993 as the average household income. For more information, contact Dominick Musilli or Stacy Libby, GVA Williams, 380 Madison Avenue, 3rd Floor, New York, NY 10017; 203-961-6582/6585; Emails: dmusilli@gvawilliams.com and slibby@gvawilliams.com.
Developers Diversified Realty is developing Norwood Plaza, a 107,015 sq.ft. center located at the intersection of Route 1 and Deane Street in Norwood, MA. For more information, contact Developers Diversified Realty, 3300 Enterprise Parkway, Beachwood, OH 44122; 216-755-5500, Fax 216-755-1500; Web site: www.ddr.com.
Michael Antkies Retail Real Estate is preleasing a 140,250 sq.ft. center located at the intersection of Boston Post Road and Woodruff Road in Milford, CT. Area retail includes Trader Joe’s, Talbots and Connecticut Post Mall. 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.
Kowit & Passov Real Estate Group is leasing The Crossings, a 24,000 sq.ft. center located at the intersection of West Royalton Road and Broadview Road in Broadview Heights, OH. The center is currently tenanted by Samba Grill, Cuts Fitness, Artisan Gallery, Best Cuts and Subway. The company is leasing French Creek Square, a 31,000 sq.ft. center located at the intersection of Detroit Road and State Route 83 in Avon, OH. The center is tenanted by Mutual Fund Store, Jaime’s Carpet and Tile, Postal Connections and Portrait Innovations. The company also is leasing Shoppes of Grove City, a 24,000 sq.ft. center located at the intersection of Stringtown and Thistlewood Roads in Grove City, OH. Current tenants include CiCi’s Pizza, Verizon Wireless, Saturday’s and Hottie Body Tanning. For more information, contact Tori Rendano Nook, Kowit & Passov Real Estate Group, 25200 Chagrin Boulevard, Suite 300, Beachwood, OH 44122; 216-514-5100, Fax 216-514-5106.
Taubman is developing Northlake Mall, a 1.2 million sq.ft. mall located at the intersection of Interstate 77 and Reames Road in Charlotte, NC. Opening is slated for September. Anchors include a 180,000 sq.ft. Belk; a 180,000 sq.ft. Dillard’s; a 165,000 sq.ft. Hecht’s; a 76,000 sq.ft. Dick’s Sporting Goods; a 23,000 sq.ft. Borders and an AMC Theatres. Demographics include a trade-area population of 520,600 earning $68,500 as the average household income. For more information, contact Taubman, 1 Sunvalley Mall, Suite 100, Concord, CA 94520; 925-825-0400 Ext. 2250; Web site: www.taubman.com.
Strathmore Development Co. is developing Broadway Village at Lower Town, a mixed-use development located in Ann Arbor, MI. The center will house a mix of commercial and residential space, including 145 apartments, medical offices, pubs and restaurants. It will also include a hotel, athletic club and a parking structure. Existing buildings on the site will be demolished to make way for the new development. For more information, contact Tarwyn Rouse, Strathmore Development Co., 1427 West Saginaw, Suite 200, East Lansing, MI 48823; 517-664-4137, Fax 517-664-4157; Email: tarwynr@strathmoredev.com. |