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New Construction
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New Construction Atlas Partners is preleasing a center located in the Riverbend area of Kinzie Station on West Wayman in Chicago, IL. The company is preleasing a center located at the intersection of Howard and California in Chicago, IL. The 4,150 sq.ft. space is slated to open during the fall. For more information, contact Michael Karpik, Atlas Partners, 55 East Monroe, Suite 1890, Chicago, IL 60603; 312-516-5704; Email: michael@atlaspartners.com.
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.
Pine Tree Commercial Realty, LLC is planning to develop Turfway Commons, an approximately 100,000 sq.ft. center located in Florence, KY. The space was formerly occupied by Wal*Mart. Opening is slated for spring 2007. The center is expected to include three to four anchor tenants ranging in size from 25,000 sq.ft. to 40,000 sq.ft., as well as some small shop space. For more information, contact Pine Tree Commercial Realty, 51 Sherwood Terrace, Suite C, Lake Bluff, IL 60044; 847-735-0600, Fax 847-735-0664; Web site: www.pinetreecommercial.com.
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 retailers 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.
Greenberg Commercial is preleasing The Village at Waugh Chapel, a 425,000 sq.ft. center located at the intersection of Waugh Chapel Road and MD3/301 in Crofton, MD. The center is situated on a land area of 71 acres and will also include 400 market-rate senior living units, fast food outparcels, an office building, a movie theater and a restaurant park. The Village’s backdrop includes landscaping, town squares, two lakes with fountains and a waterfall, parks and promenades. Area demographics include a population of 80,000 within five miles earning $90,000 as the average household income. The site has an average daily traffic count of 60,000 vehicles. For more information, contact Mark Bomse, Greenberg Commercial, 10096 Red Run Boulevard, Owings Mills, MD 21117; 410-559-2500; Web site: www.greenbergcommercial.com/projects.
The Leslie Group is preleasing Locust Pointe, a 26,000 sq.ft. center located at the intersection of State Route 37 and Houk Road in Delaware, OH. The center is situated on a land area of 30 acres and is anchored by CVS. Opening is slated for September. Area demographics include a population of 79,573 within 10 miles earning $78,893 as the average household income. The site has an average daily traffic count of 20,000 vehicles. Area retail includes Buehler’s Superstore and Georgetown Plaza. Asking rents range from $18 psf to $22 psf. The company also is preleasing North Bechtle Square, a 375,000 sq.ft. center located at the intersection of North Bechtle Drive and U.S. 68 in Springfield, OH. Opening is slated for March. The center is anchored by Wal*Mart Supercenter and Home Depot. The site has an average daily traffic count of 20,000 vehicles. Area demographics include a population of 127,765 within 10 miles earning $44,730 as the average household. Area retail include Lowe’s Home Improvement, Meijer and Sam’s Club. For more information, contact Glenn Garland and Brett Leslie, The Leslie Group, 5060 Parkcenter Avenue, Suite B, Dublin, OH 43017; 614-760-0701, Fax 614-760-0705; Email: ggarland@lesliegrp.com and bleslie@lesliegrp.com.
Alrose Group is preleasing a 25,200 sq.ft. center located on Long Beach Road in Hempstead, NY. The center is situated on a land area of 2.15 acres. The center has spaces available of 3,000 sq.ft. to 25,200 sq.ft. Area demographics include a population of 877,789 within seven miles earning $92,197 as the average household income. For more information, contact Stu Fagen, Alrose Group, 30 East 39th Street, New York, NY 10016; 212-370-3769, Fax 212-370-4196; Email: fagens@optonline.net.
Steiner Development, Inc. is developing Rosemount Crossing, a 48,400 sq.ft. center located at the intersection of Minnesota Highway 3 and County Road 42 in Rosemount, MN. The center is situated on a land area of 7.2 acres and has spaces available of 1,400 sq.ft. to 20,000 sq.ft. Opening is slated for July. Anchors include Aldi Foods and Starbucks. Area demographics include a population of 94,435 within five miles earning $78,146 as the average household income. The site has an average daily traffic count of 33,700 vehicles. Asking rents range from $20 psf to $24 psf. For more information, contact Todd Johnson, Steiner Development, Inc., 7610 County Road 101, Wayzota, MN 55391; 952-475-5113, Fax 952-473-7058; Email: tjohnson@steinerdevelopment.com; Web site: www.steinerdevelopment.com.
Sandor Development Co. is developing Greenville Commons, a 52,000 sq.ft. center located at the intersection of Interstate 30 and Highway 34 in Greenville, TX. The center is anchored by Home Depot. Area demographics include a population of 27,285 within five miles earning $48,417 as the average household income. Area retail includes Dollar Tree, Wal*Mart Supercenter and Crossroads Mall. Opening is slated for the fall. For more information, contact Sandor Development Co., 7201 East Camelback Road, Suite 315, Scottsdale, AZ 85251; 480-949-9011, Fax 480-949-9020; Email: jsimon@sandordev.com.
Shindico Realty, Inc. is preleasing Westfield Crossing, a center located between 21st Street NW and 23rd Street NW in Portage La Prairie, Manitoba, Canada with an average daily traffic count of 18,100 vehicles. The center is anchored by Sobeys and Boston Pizza. Area demographics include a trade-area population of 51,000 earning $44,683 as the average household income. For more information, contact Shindico Realty, Inc., 200-1355 Taylor Avenue, Winnipeg, Manitoba, Canada R3M 3Y9; 204-474-2000, Fax 204-284-7115; Email: inquire@shindico.com; Web site: www.shindico.com.
Talon Development Group, Inc. is developing a 160,000 sq.ft. center located at the intersection of Highland Road and Clark Road in Hartland Township, MI. The center is situated on a land area of 16 acres and has spaces available of 1,000 sq.ft. to 65,000 sq.ft. Opening is slated for next year. The site has an average daily traffic count of 71,750 vehicles. For more information, contact Cathy Wilson, Talon Development Group, Inc., 550 Hulet Drive, Suite 103, Bloomfield Hills, MI 48302; 248-334-1950, Fax 248-334-1915; Email: cwilson@talondev.com; Web site: www.talondev.com. |