|
New Construction
|
|
|
New Construction CB Richard Ellis/Harrisburg is preleasing The Centre at Seven Gables Park, a mixed-use center located at the intersection of Interstate 81 and Spring Garden Street in Carlisle, PA. The 400,000 sq.ft. center will be situated on a land area of 85 acres. Area retail includes Giant Food, Carlisle Mall, Lowe’s Home Improvement, Bon-Ton and OfficeMax. Area demographics include a population of 103,652 within 10 miles earning $66,065 as the median household income. For more information, contact William Aiello, CB Richard Ellis/Harrisburg, 212 Locust Street, Suite 604, Harrisburg, PA 17101; 717-238-9696; Web site: www.cbre.com.
Bradley Commercial is preleasing Hillcrest Square, a 19,200 sq.ft. center located at the intersection of NE 4th Street and Duvall Avenue in Renton, WA with an average daily traffic count of 26,000 vehicles. Opening is slated for July. Area retail includes Kroger, Bank of America and Jack-In-The-Box. The center has spaces available of 1,200 sq.ft.; 1,500 sq.ft.; 3,200 sq.ft. and 5,760 sq.ft. For more information, contact Mike Bradley, Bradley Commercial, 16855 Woodinville-Redmond Road, Woodinville, WA 98072; 425-482-1716, Fax 425-482-1887; Email: mike.bradleycomrealestate@verizon.net.
The Woodmont Co. is developing a 102,915 sq.ft. center located at the intersection of County Line Road and Yosemite Street in Centennial, CO. The center is situated on a land area of 9.4 acres. Area retail includes Park Meadows Mall, Barnes & Noble, Borders Books & Music, Best Buy, CompUSA, Costco, Cost Plus World Market, Great Indoors, The Home Depot, The Home Depot Expo, La-Z-Boy, Linens ‘N Things, Old Navy, Petco, Michael’s Arts & Crafts, Nordstrom Rack, PetsMart, Ross Dress For Less, Sears, Toys “R” Us, Ulta III and United Artist. The site has an average daily traffic count of 136,544 vehicles. Area demographics include a population of 179,290 within five miles earning $94,060 as the average household income. The company also is developing a center located east of Mims Road, between Ridge Road and Highway 205, in Rockwall, TX. Phase I of the center will be 225,000 sq.ft. plus pad sites and will be situated on a land area of 26 acres, while Phase II will be situated on approximately 30 acres. Area retail includes Albertsons, Brookshire’s, Hobby Lobby, The Home Depot, Kroger, Kohl’s, Linens ‘N Things, Lowe’s Home Improvement, OfficeMax, Old Navy, Petco, Ross Dress For Less, Target, Stein Mart and Wal*Mart Supercenter. Area demographics include a population of 59,818 within five miles earning $71,509 as the average household income. For more information, contact The Woodmont Co., 2100 West 7th Street, Fort Worth, TX 76107-2306; 817-732-4000; Web site: www.woodmont.com.
Monroe Center Development is developing Monroe Center, a 125,000 sq.ft. center located adjacent to the 9th Street and Congress Street light rail station in Hoboken, NJ. The center will have spaces available of 800 sq.ft. to 40,000 sq.ft. and will be delivered in a vanilla shell condition. The space has expansion opportunities up to 165,000 sq.ft. Construction also will begin for the development of 435 residential units and 42,000 sq.ft. of ground-floor retail space on Monroe Center’s 5.5-acre development site. For more information, contact Seth Kestenbaum, Monroe Center Development, 720 Monroe Street, Suite C308, Hoboken, NJ 07030; 201-795-5000.
Sofran Group and Faison are preleasing Phase II of Eisenhower Crossing, a center located on Presidential Parkway in Macon, GA. For more information, contact Sofran Group, 6160 Peachtree Dunwoody Road, Suite C-100, Atlanta, GA 30328; 770-351-9300. Or contact, Faison, 1200 Ashwood Parkway, Suite 110, Atlanta, GA 30338; 770-352-0203.
Drexel Realty Group is preleasing a center located at the intersection of Route 45 and Brittany Street in Mantua, NJ. The site can accommodate up to 40,000 sq.ft. of retail and is currently approved for 15,000 sq.ft. of retail space, a 7,200 sq.ft. office building and a new prototype Taco Bell restaurant. Freestanding pad sites also are available. Area retail includes Kmart, Acme, Home Depot, Kohl’s, Eckerd and Walgreens. For more information, contact Drexel Realty Group, 488 Glassboro Road, Suite 205A, Woodbury Heights, NJ 08097; 856-415-7884, Fax 856-415-7885.
Grubb & Ellis New Mexico is preleasing a 5,000 sq.ft. building located at the intersection of 3rd Street and State Avenue in Albuquerque, NM. The space is expected to be occupied by retail tenants, including an office supply store. The company also acquired a 6,800 sq.ft. building, which will be made into a restaurant. For more information, contact Grubb & Ellis New Mexico, 2400 Louisiana Boulevard NE, Building 1, Suite 300, Albuquerque, NM 87110-4327; 505-883-7676, Fax 505-883-1034.
CB Richard Ellis, Inc. is preleasing the following centers: The Shops at Wellesley, an 8,100 sq.ft. center located at the intersection of Lauderdale Drive and Park Terrace Drive in Richmond, VA. The center is anchored by Minnieland Private Day School and Patina Grill. Opening is slated for September. Area retail includes Short Pump Town Center. The center has spaces available of 1,400 sq.ft. and 4,000 sq.ft; and Winchester Commercial Center, a 70,800 sq.ft. mixed-use center located at the intersection of Winchester Road and Willow Springs Avenue in Temecula, CA. The center will consist of commercial office space and medical buildings ranging in size from 5,000 sq.ft. to a two-story, 22,000 sq.ft. building, as well as 12,500 sq.ft. of retail space. Area retail includes an Albertsons-anchored center. Opening is slated for spring 2006. For more information regarding The Shoppes at Wellesley, contact Rob Black, CB Richard Ellis, Inc., 7501 Boulders View Drive, Richmond, VA 23225; 804-320-5500, Fax 804-320-3752. For more information regarding Winchester Commercial Center, contact CB Richard Ellis, Inc., 4141 Inland Empire Boulevard, Suite 100, Ontario, CA 91764; 909-418-2000, Fax 909-418-2100; Web site: www.cbre.com.
Crosland Barnes Group, LLC is developing the following centers: Shoppes at Paradise Isle, a 172,135 sq.ft. center located at the intersection of U.S. Highway 98 and Mid Bay Bridge Road in Destin, FL. The center will be anchored by Best Buy, Linens ‘N Things, Michael’s, Thomasville Furniture and PetsMart; Cherrydale Corners, a center located at the intersection of State Park Road, Poinsette Highway and North Pleasantburg Drive in Greenville, SC. The center will be situated on a land area of four acres. Demographics include a trade-area population of 136,302 earning $52,807 as the average household income; and Columbiana Landing, a 16,000 sq.ft. center located at the intersection of Columbiana Drive and Aston Circle in Columbia, SC. The center is anchored by Bear Rock Café. Demographics include a trade-area population of 437,705 earning $60,476 as the average household income. Area retail includes Columbiana Mall, Wal*Mart and Target. For more information, contact Edward C. Barnes, Crosland Barnes Group, LLC, 1332 Main Street, Suite 30, Columbia, SC 29201; 803-254-0350, Fax 803-254-0264.
Noddle Development Co. is developing a 50,000 sq.ft. upscale center located at the intersection of South Dean Street and Englewood Avenue in Englewood, NJ. The retail portion will include shop space on two levels. Opening is slated for the fall. For more information, contact Noddle Development Co., 13710 First National Business Parkway, Suite 100, Omaha, NE 68154-8010; 402-496-1616, Fax 402-496-6250; Web site: www.noddledev.com.
Trezevant Realty Corp. and Utley Properties are developing DeSoto Pointe, a one million sq.ft. center located at the intersection of Interstate 55 and Church Road in Southaven, MS. Opening is slated for Spring 2006. Demographics include a trade-area population of 123,460. For more information, contact Trezevant Realty Corp., 9063 Corporate Gardens Drive, Germantown, TN 38138; 901-755-6040, Fax 901-755-6243; Email: jt@trezevantrealty.com. Or contact, Utley Properties, 6933 Crumpler Boulevard, Olive Branch, MS 38654; 662-895-0099, Fax 662-895-1817; Email: mark@utleyproperties.com.
Glimcher Realty Trust is expanding Eastland Mall located at the intersection of Hamilton Road and Refugee Road in Columbus, OH. The center is being expanded to include 30,000 sq.ft. of exterior fronting small shop space. Anchors include Lazarus, JCPenney, Sears and Kaufmann’s. For more information, contact David Stec, Glimcher Realty Trust, 150 East Gay Street, 24th Floor, Columbus, OH 43215; 614-621-9000, Fax 614-621-9311.
Carolina Holdings and Crosland, Inc. are developing Providence MarketPlace, a center located at the intersection of Interstate 40 and Mt. Juliet Road in Mt. Juliet, TN. The marketplace is the 103-acre retail component of the 1,000-acre community. The site will have a GLA of 830,000 sq.ft., including a 73,800 sq.ft. Belk, a 73,519 sq.ft. Kroger, a 98,844 sq.ft. JCPenney and a 14-screen movie theater, as well as small shop space and outparcels. For more information, contact Charles Thrift, Crosland, 704-561-5222; Email: cthrift@crosland.com. Or contact, Carolina Holdings, Inc., PO Box 25909, Greenville, SC 29616.
Territory, Inc. is developing Centennial Gateway, a 400,000 sq.ft. center located at the intersection of U.S. Highway 95 and Ann Road in Las Vegas, NV. The project is a joint venture with Olympia Development and is located adjacent to Centennial Center, a 900,000 sq.ft. center anchored by Wal*Mart, Sam’s Club and Home Depot. The first phase of the project has taken on a major furniture component with three national retailers, Lane Home Furnishings, Ashley Furniture and La-Z-Boy, securing over 75,000 sq.ft. of space. Additional committed tenants include In-N-Out Burger and Krispy Kreme Doughnuts. This phase of the project, scheduled to be completed by the Fall, will also include a 30,000 sq.ft., two-story office building to house Territory Inc.’s corporate offices and a four-story Holiday Inn Express. For more information, contact Terri Sturm, Territory, Inc., 7448 West Sahara Avenue, Las Vegas, NV 89117; 702-222-1402 Ext. 2; Web site: www.territoryinc.com.
|