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New Construction
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New Construction US Land Investments is developing The Shops at Galena, a 60,000 sq.ft. center located in Galena, IL. The center is situated on a land area of 6.7 acres and has outlots available of 30,000 sq.ft. to 65,000 sq.ft. Opening is slated for Spring 2006. Area demographics include a population of 77,679 within 15 miles earning $51,944 as the average household income. Asking rents range from $16 psf to $24 psf with CAM of $2 psf and taxes of $2 psf. The site has an average daily traffic count of 9,800 vehicles. For more information, contact, Tobin Knight, US Land Investments, 1430 South Michigan Avenue, Chicago, IL 60605; 312-675-0988, Fax 312-675-0266; Email: tknight@uslandllc.com.
Excel Realty Holdings, LLC is preleasing Menifee Center, a 267,000 sq.ft. center located at the intersection of 215 Freeway and Scott Road in Menifee, CA. Opening is slated for Spring 2007. The center is situated on a land area of 32.31 acres. Area demographics include a population of 309,170 within 10 miles earning $66,579 as the average household income. For more information, contact Excel Realty Holdings, LLC, 17140 Bernardo Center Drive, Suite 310, San Diego, CA 92128; 858-613-1800.
Zamias Services, Inc. is preleasing Benner Pike Shops, a center located along Route 150, between the intersections of Route 26 and Shiloh Road in State College, PA. Area retail includes Wal*Mart, Sam’s Club, Pier 1 Imports, Barnes & Noble, Office Depot, Sheetz and Big Lots. The site has an average daily traffic count of 58,000 vehicles. Opening is slated for the Fall. The company also is preleasing a Wal*Mart Supercenter-anchored development located at the intersection of State Route 309 and Interstate 81 with an average daily traffic count of 41,000 vehicles. Area demographics include a population of 77,750 within 10 miles earning $37,972 as the average household income. Opening is slated for Summer 2006. The company also is preleasing Warren Commons, a 353,000 sq.ft. center located at the intersection of U.S. Route 62 and State Route 69 in Warren, PA. The site has an average daily traffic count of 17,600 vehicles. Area demographics include a population of 55,856 within 15 miles earning $49,529 as the average household income. For more information, contact Jason Stryker, Zamias Services, Inc., 300 Market Street, Johnstown, PA 15901; 814-532-6156, Fax 814-883-8990; Email: jstryker@zamias.net.
Developers Diversified Realty is developing Freehold Marketplace, a 500,000 sq.ft. center located at the intersection of Route 33 and Route 537 in Freehold, NJ. Opening is slated for next year. The center is located adjacent to the Freehold Raceway Mall. Anchors include Wal*Mart and Sam’s Club. Area demographics include a population of 288,200 within 10 miles earning $102,509 as the average household income. 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.
Breslin Realty is developing Brookhaven Town Center, a 850,000 sq.ft. center located at the intersection of William Floyd Parkway and Interstate 495 in Yaphank, NY. The center will be situated on a land area of 150 acres. The site has an average daily traffic count of 70,000 vehicles. For more information, contact Bob Delavale, Breslin Realty Development Corp., 500 Old Country Road, Garden City, NY 11530; 516-741-7400, Fax 516-741-7128; Email: rdelavale@breslinrealty.com.
Territory, Inc. is developing Riverwalk at Ann Road, a 71,000 sq.ft. center located at the intersection of Ann and Decatur in North Las Vegas, NV. Opening is slated for the second quarter of 2006. The company also is developing Commerce Commons, a 150,000 sq.ft. center located at the intersection of Commerce and Centennial in North Las Vegas, NV. Opening is slated for the second quarter of 2006. The company also is developing Centennial Gateway, a 350,000 sq.ft. center located at the intersection of Highway 95 and Ann Road in Centennial Hills, AZ. Opening is slated for later this year. For more information, contact Territory, Inc., 7448 West Sahara Avenue, Suite 101, Las Vegas, NV 89117; 702-222-1402, Fax 702-227-0746.
Frederick Ross Co. is preleasing Country Club Village, a center located at the intersection of 120th Avenue and Federal Boulevard in Westminster, CO. Opening is slated for the fall. For more information, contact Bob Bramble, Frederick Ross Co., 717 Seventeenth Street, Suite 2000, Denver, CO 80202; 303-260-4311; Email: bbramble@fross.com.
Lafayette Capital Group is preleasing County Line Center, an 18,000 sq.ft. center located at the intersection of Danbury Road and Aldrich Road in New Milford, CT with an average daily traffic count of 28,000 vehicles. Opening is slated for the spring. The center is situated on a land area of 15 acres. Area retail includes Home Depot, Staples, Wal*Mart, T.J. Maxx and Costco. Market rent is $14 psf. For more information, contact Lafayette Capital Group, PO Box 1077, New Milford, CT 06776; 917-656-9166, Fax 203-740-7476; Email: lafayette@rcn.com.
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 and has spaces available of 2,000 sq.ft.; 4,000 sq.ft. and 6,000 sq.ft. 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.
Empire Commercial Real Estate L.P. is developing Sierra Crossroads, a center located on Sierra Avenue, between Interstate 10 and Interstate 60, in south Fontana, CA. The center is located adjacent to a planned 200-acre business park and a community of 800 homes. The $19.5 million project will offer 100,000 sq.ft. of retail, including outdoor plazas and specialty restaurants. Phase I of the center is approximately 85% preleased. Tenants at the center will include Jack-In-The-Box, Starbucks, Wells Fargo and Subway. For more information, contact Empire Commercial Real Estate L.P., 3536 Concourse Street, Suite 300, Ontario, CA 91764; 909-987-7788, Fax 909-481-6582.
Staubach Retail is preleasing Centennial Marketplace, a center located at the intersection of Frank Lloyd Wright Boulevard and 100th in Scottsdale, AZ. The center has mini anchor space available of 10,000 sq.ft. to 25,000 sq.ft., as well as small shop space of 1,200 sq.ft. For more information, contact Michael Clark, Staubach, 2398 East Camelback Road, Suite 210, Phoenix, AZ 85016; 602-682-6000, Fax 602-682-6001.
Stafford Properties, Inc. is planning to develop a mixed-use center located adjacent to Haywood Mall in Greenville, SC. The center has anchor, small shop space and outparcels available. Area demographics include a population of 240,461 within seven miles earning $68,490 as the average household income. The company also is planning to develop a center situated on a land area of 34 acres in Bluffton, SC. The site is located on Highway 278 with an average daily traffic count of 48,000 vehicles. Area retail includes Target, Home Depot, Pier 1 Imports, Lowe’s Home Improvement, Ross Dress For Less and Linens ‘N Things. The center has anchor, small shop space and outparcels available. The company also is preleasing a 16,000 sq.ft. center located in Lithonia, GA. Stonecrest Promenade will be situated on an outparcel site in front of a new Target store with area retail including Stonecrest Mall, Marshall’s, Pier 1 Imports and Ross Dress For Less. For more information, contact Kevin Donegan, Stafford Properties, Inc., 80 West Wieuca Road, Suite 302, Atlanta, GA 30342; 404-256-9100, Fax 404-256-6358; Email: kevindonegan@staffordprop.com; Web site: www.staffordprop.com.
Leisure Entertainment Concepts is preleasing The Southlake Plateau, a 350,000 sq.ft. center located in Stockbridge, GA. The center is situated on a land area of 42 acres and will be anchored by The Butcher Shop Steakhouse, as well as five additional restaurants. The restaurants will form a semi-circle around a lake that will feature a dancing water fountain show. The site has an average daily traffic count of 120,000 vehicles. Space is available for 30-plus smaller retail tenants, as well as a large retail anchor. Area demographics include a population of 115,992 within five miles earning $63,855 as the average household income. For more information, contact Randall Fitzgerald, Leisure Entertainment Concepts, 115 Mauldon Court, Warner Robins, GA 31093; 478-320-2701; Web site: www.members.tripod.com/lec28.
Volk Co. Commercial Real Estate is preleasing Madera Marketplace, a center located at the intersection of Interstate 19 and Nogales Highway in Sahuarita, AZ. For more information, contact Dave Hammack or Brenna Lacey, Volk Co. Commercial Real Estate, 2730 East Broadway, Suite 200, Tucson, AZ 85716; 520-326-3200, Fax 520-327-7906.
The Pederson Group is preleasing a center located at the intersection of Lone Mountain Road and Scottsdale Road in Scottsdale, AZ with an average daily traffic count of 30,000 vehicles. The center will be anchored by Bashas’. Opening is slated for Fall 2006. Area demographics include a population of 19,701 within three miles earning $126,800 as the average household income. For more information, contact The Pederson Group, 2800 North Central Avenue, 15th Floor, Phoenix, AZ 85004; 602-265-2888; Web site: www.pedersoninc.com.
Antonoff & Co. Brokerage, Inc. is preleasing Western Meadows Shopping Center located on Main Street in Longmont, CO. Opening is slated for the Fall. The site has an average daily traffic count of 21,880 vehicles. Area demographics include a population of 87,928 within five miles earning $76,609 as the average household income. For more information, contact Jeffrey Hirschfeld or Eli Boymel, Antonoff & Co. Brokerage, Inc., 1528 Wazee Street, Denver, CO 80202; 303-623-0200, Fax 303-454-5400; Emails: jhirschfeld@antonoff.com and eboymel@antonoff.com.
Centurion Partners, LLC is preleasing Northlite Commons IV, a 9,750 sq.ft. center located at the intersection of Dale Earnhardt Boulevard and Interstate 85 in Concord, NC. Opening is slated for next month. The center is situated on a land area of one acre. Area demographics include a population of 76,486 within five miles earning $52,389 as the average household income. Area retail includes Wal*Mart Supercenter, Sam’s Club, Kohl’s and Hobby Lobby. The center has spaces available from 1,500 sq.ft. to 5,000 sq.ft. For more information, contact Maura Oliver, Centurion Partners, LLC, 16930 West Catawba Avenue, Suite 205, Cornelius, NC 28031; 704-895-2120, Fax 704-895-2123; Email: moliver@centurionpartners.net.
Regency Centers is preleasing The Vine at Castaic, a 38,800 sq.ft. center located at the intersection of Golden State Freeway and Parker Road with an average daily traffic count of 67,000 vehicles. Area demographics include a population of 20,890 within three miles earning $109,684 as the average household income. For more information, contact Regency Centers, 555 South Flower Street, Suite 3500, Los Angeles, CA 90071; 877-401-4211; Web site: www.regencycenters.com.
Acadia Realty Trust is preleasing Fordham Place, a 117,355 sq.ft. center located at the intersection of East Fordham Road and Webster Avenue in Bronx, NY. The six-story building is located near Fordham University. Area demographics include a population of 650,000 within two miles. For more information, contact Acadia Realty Trust, 1311 Mamaroneck Avenue, Suite 260, White Plains, NY 10605; 800-227-5570.
Plaza Properties is preleasing Rifle Commons, a 350,000 sq.ft. center located at the intersection of Interstate 70 and County Road 346 in Rifle, CO. For more information, contact Nicholas Vollman, Plaza Properties, 3016 Maryland Avenue, Columbus, OH 43209-1591; 614-237-3726, Fax 614-237-3219; Email: nvollman@aol.com.
Collins Goodman is preleasing Concord Station, a 50,000 sq.ft. center located at the intersection of Interstate 85 and Concord Mills Boulevard in Concord, NC. The site has an average daily traffic count of 162,000 vehicles. Area demographics include a population of 286,405 within 10 miles earning $55,661 as the average household income. For more information, contact Andrea Kenney, Collins Goodman, 1447 Peachtree Street, Suite 525, Atlanta, GA 30309; 404-888-9595, Fax 404-888-9351; Web site: www.collinsgoodman.com.
The Schultz Organization is preleasing a 27,000 sq.ft. center located at the intersection of Route 70 and Cedar Bridge Avenue in Brick Township, NJ. Opening is slated for Spring or Summer 2006. Cotenants include Vitamin Shoppe, Rockaway Bedding, Old Navy and Cingular Wireless. Area demographics include a population of 181,014 within five miles earning $61,401 as the average household income. For more information, contact Steven Winters, The Schultz Organization, 900 Route 9 North, Suite 301, Woodbridge, NJ 07095; 732-855-0001, Fax 732-855-0034; Email: swinters@schultznet.com.
S.R. Weiner & Associates, Inc. is preleasing Meadow Brook Crossing, a 240,000 sq.ft. center located at the intersection of Route 101A and Tuell Road in Amherst, NH. The center has spaces available up to 29,000 sq.ft. Opening is slated for the Fall. Area demographics include a population of 55,436 within five miles earning $83,282 as the average household income. For more information, contact Lee Anne Klemyk, S.R. Weiner & Associates, Inc., 1330 Boylston Street, Suite 212, Chestnut Hill, MA 02467; 617-232-8900, Fax 617-277-6766; Email: kim.beagan@srweiner.com.
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