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New Construction
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New Construction Investment Concepts, Inc. is preleasing College Square, a 105,397 sq.ft. center located at the intersection of State College Boulevard and Chapman Avenue in Fullerton, CA. Opening is slated for July. The center has space available and is anchored by Office Depot, Smart & Final and Drug Emporium. Cotenants include Burger King, KFC and Downey Savings. Area demographics include a population of 455,351 within five miles earning $78,889 as the average household income. For more information, contact Grace Imamura, Investment Concepts, Inc., 1667 East Lincoln Avenue, Orange, CA 92865; 714-283-5800, Fax 714-637-6015; Email: gimamura@aol.com.
Transwestern is developing Arbor Crossing, a 25,000 sq.ft. center located at the intersection of F.M. 2499 and Dixon Lane in Flower Mound, TX. The center will be situated on a land area of 4.7 acres. Opening is slated for this winter. Area demographics include a population of 121,125 within five miles earning $76,022 as the average household income. Area retail includes Conn’s and 24-Hour Fitness. For more information, contact Mason Bishop, Transwestern, 5001 Spring Valley Road, Suite 600 W, Dallas, TX 75244; 972-774-2507, Fax 972-991-4247; Email: mason_bishop@transwestern.net.
Commercial Real Estate Services is preleasing Edinburgh Commons, an 850,000 sq.ft. center located at the intersection of Chesapeake Expressway and Hillcrest Parkway in Chesapeake, VA. The eastern section of the center will be 210,000 sq.ft. and will be anchored by Home Depot and a supermarket; the northern section will be 190,000 sq.ft. and will be anchored by a department store, while the western section will be 450,000 sq.ft. and will be anchored by a national discounter. The eastern section is slated to open by the Fall, while the northern section will open by Spring 2006 and the western section is slated to open during Fall 2007. Area demographics include a population of 184,481 within 10 miles earning $70,795 as the average household income. The site has an average daily traffic count of 40,294 vehicles. The company also is preleasing Dominion Commons, a 325,000 sq.ft. center located at the intersection of Dominion Boulevard and Cedar Road in Chesapeake, VA. Opening is slated for Spring. Rent is $19 psf. The site has an average daily traffic count of 22,000 vehicles. Area demographics include a population of 101,299 within five miles earning $64,655 as the average household income. For more information, contact Commercial Real Estate Services, 1081 19th Street, Suite 202, Virginia Beach, VA 23451; 757-491-1990, Fax 757-491-7588; Email: mollie@cres-va.com.
Silbert Realty & Management Co., Inc. is preleasing two 19,000 sq.ft. buildings located on State Highway Route 202 in Flemington, NJ. The site has an average daily traffic count of 41,000 vehicles. Base rent is $22 psf. Area demographics include a population of 107,708 within five miles earning $89,911 as the average household income. For more information, contact Brian S. Silbert, Silbert Realty & Management Co., Inc., 85A Division Avenue, Millington, NJ 07946; 908-604-6900, Fax 908-604-2030; Email: info@silbertrealestate.com; Web site: www.silbertrealestate.com.
Capital Realty Advisors, Inc. is preleasing Greenwich, a center located at the intersection of Military Trail and Donald Ross Road in Jupiter, FL. Opening is slated for the Fall. Area demographics include a population of 112,714 within five miles earning $94,166 as the average household income. The center has spaces available of 700 sq.ft. to 11,000 sq.ft. For more information, contact Scott Hinterleiter, Capital Realty Advisors, Inc., 600 Sandtree Drive, Suite 109, Palm Beach Gardens, FL 33403; 561-624-5888, Fax 561-624-5827.
Canyonlands Corp. is developing Yorktown Crossing, a master-planned development located in the Copperfield area of Houston, TX at the intersection of Highway 6 and West Little York Road. Area retail includes CVS, IHOP and Bubbles Express. Area demographics include a population of 250,000 within five miles earning $94,000 as the average household income. For more information, contact Randall Tuller, Canyonlands Corp., 2028 Buffalo Terrace, Houston, TX 77019; 713-524-4676 Ext. 236, Fax 713-524-2127.
Craig Realty Group is preleasing the 23,700 sq.ft. expansion of Woodburn Company Stores, a center located in Woodburn, OR. The new space will accommodate up to four additional retailers and restaurants. Opening is slated for September. For more information, contact Craig Realty Group, 1500 Quail Steet, Suite 100, Newport Beach, CA 92660; 949-224-4100, Fax 949-224-4101; Email: info@craigrealtygroup.com; Web site: www.craigrealtygroup.com.
Colliers International is preleasing County Crossings, a one million sq.ft. mall located at the intersection of Highways 4 and 160 in Antioch, CA. The center will be situated on a land area of 200 acres. Construction is expected to start next year, with completion slated for late 2007. For more information, contact Jim McMasters, Colliers International, 1850 Mt. Diablo Boulevard, Suite 200, Walnut Creek, CA 94596; 925-279-5567; Email: jmcmasters@colliersparrish.com.
Cameron Group, LLC is preleasing Fingerlakes Crossing, a 450,000 sq.ft. center located in Auburn, NY. The center will be anchored by Home Depot and a discount department store. Area retail includes Bass Pro Shops. Area demographics include a population of 41,921 within a 10-minute drive earning $48,531 as the average household income. For more information, contact Matt Valenti, Cameron Group, LLC, 609 West Genesee Street, Syracuse, NY 13204; 315-701-3334, Fax 315-701-3335.
Retail Strategies, Inc. is preleasing The Shops at Amyclae, a 118,000 sq.ft. center located at the intersection of Courthouse Road and Walpole Street in Stafford, VA. Phase I has spaces available of 40,000 sq.ft., while Phase II has spaces available of 78,000 sq.ft. Opening is slated for the Spring. Area demographics include a population of 42,145 within three miles earning $87,139 as the average household income. For more information, contact Laurie Mazzotta, Retail Strategies, Inc., 100 West Road, Suite 300, Baltimore, MD 21204; 410-494-6500, Fax 410-494-6517.
Packard Development is developing a 181,400 sq.ft. center located at the intersection of Springer Drive and Hogan Road in Bangor, ME. The center will be anchored by a proposed Lowe’s Home Improvement, with additional retail and restaurant pads. Area retail includes Home Depot, Target, Filene’s, Sears, JCPenney, Circuit City, Best Buy, Borders, Staples, Toys “R” Us and Bed Bath & Beyond. Area demographics include a population of 85,181 within 10 miles earning $49,973 as the average household income. The company also is developing a 500,000 sq.ft. center located at the intersection of Interstate 95 and Route 111 in Biddeford, ME. The center will be anchored by a proposed Lowe’s Home Improvement and a major discount retailer, with 200,000 sq.ft. of specialty retail shops, home goods stores, clothing stores, banks and restaurants. Area demographics include a population of 289,371 within 20 miles earning $51,513 as the average household income. For more information, contact Packard Development, One Wells Avenue, Newton, MA 02459; 617-965-1966. |