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New Construction
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New Construction Horizon Group Properties, Inc. is preleasing Huntley Village Green, a 70-acre development located near Interstate 90 at Route 47 in Huntley, IL. The center has spaces available of 1,250 sq.ft. to 3,200 sq.ft. and will be tenanted by Hallmark, Supercuts, World Savings Bank, Rosati’s Pizza, Subway, Four Seasons Cleaners, a nail salon and a proposed Applebee’s. The site has an average daily traffic count of 75,500 vehicles. For more information, contact Phil Waters, Horizon Group Properties, Inc., 77 West Wacker Drive, Suite 4200, Chicago, IL 60601; 847-292-1870, Fax 231-799-3012; Web site: www.horizongroup.com.
Opus Northwest Management, LLC and Goldberg Properties are planning to develop a retail and entertainment center at the intersection of Interstate 25 and 120th Avenue in Northglenn, CO. The center is expected to have a GLA of 120,000 sq.ft. and will include second-floor retail, office and housing space. For more information, contact Michael Dwyer, Opus Northwest Management, LLC, 10350 Bren Road West, Minnetonka, MN 55343; 952-656-4550; Email: michael.dwyer@opusnw.com. Or contact Goldberg Properties, Inc., 1120 Lincoln Street, Suite 903, Denver, CO 80203; 303-759-8000, Fax 303-863-0275; Email: info@goldbergprop.com.
GBT Realty Corp. is developing Concord Village, a center located at the intersection of Nolensville Road and Concord Road in Nashville, TN. The center will be anchored by a 45,000 sq.ft. Publix supermarket. Opening is slated for February 2006. The center also will include 12,800 sq.ft. of shop space for multiple tenants. The company also is developing The Shoppes of Brentwood Hills, a 167,517 sq.ft. center located at the intersection of Interstate 65 and Old Hickory Boulevard in Nashville, TN. The center will be tenanted by Panera Bread, Qdoba Mexican Grill, EB Games, Cold Stone Creamery, Regis, Fu Lin’s and Long Horn Steakhouse. An additional 11,000 sq.ft. of small shop space is available. For more information, contact GBT Realty Corp., 201 Summit View Drive, Suite 110, Brentwood, TN 37027; 615-370-0670 or 800-509-1177, Fax 615-373-3111; Web site: www.gbtrealty.com.
Poag & McEwen Lifestyle Centers is developing the following centers: Centerra, a 700,000 sq.ft. center located in Loveland, CO. Opening is slated for October; Saucon Valley, a 600,000 sq.ft. center located in Allentown, PA. Opening is slated for August 2006; Dos Lagos, a 550,000 sq.ft. center located in Corona, CA. Opening is slated for August 2006; Evergreen Walk, a 375,000 sq.ft. center located in South Windsor, CT. Opening is slated for March 2007; Central Valley, a 700,000 sq.ft. center located in Central Valley, CA. Opening is slated for August 2007; and Shadow Creek, an 850,000 sq.ft. center located in Houston, TX. Opening is slated for August 2007. For more information, contact Terry McEwen, Poag & McEwen Lifestyle Centers, 6410 Poplar Avenue, Suite 850, Memphis, TN 38119; 901-761-7604, Fax 901-761-5325; Email: tmcewen@pm-lifestyle.com . Monroe Center Development is developing Monroe Center, a 165,000 sq.ft. center located adjacent to the 9th Street and Congress Street light rail station in Hoboken, NJ. Area retail includes ShopRite. 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. Area demographics include a population of 38,000 per square mile earning an average household income of $104,436. 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. The mixed-use center will have a GLA of 1.2 million sq.ft. For more information, contact Seth Kestenbaum, Monroe Center Development, 720 Monroe Street, Suite C308, Hoboken, NJ 07030; 201-795-5000.
Green Light Retail Real Estate Services is preleasing Potomac Marketplace, a 400,000 sq.ft. center located on Route 9 in Ranson, WV. The center is anchored by a department store, Weis Market and Home Depot and has spaces available of 1,000 sq.ft. to 25,000 sq.ft. Opening is slated for the fall. Demographics include a trade-area population of 63,000. For more information, contact Peter Framson, Green Light Retail Real Estate Services, 4733 Bethesda Avenue, Suite 500, Bethesda, MD 20814; 301-656-2200 Ext. 106, Fax 301-656-2606; Email: pframson@greenlightretail.com.
Anderson Commercial Real Estate Services, Inc. is preleasing The Shops at Woodland Springs, a 120,000 sq.ft. center located at the intersection of Beach Street and Keller-Hicks in Fort Worth, TX. The center is situated on a land area of 12.5 acres. Opening is slated for March 2006. Area demographics include a population of 118,071 within five miles earning $84,953 as the average household income. For more information, contact Andy Anderson, Anderson Commercial Real Estate Services, Inc., 5700 Democracy Drive, Suite 1200, Plano, TX 75024; 469-241-1222, Fax 469-241-9898; Email: andyanderson@acresinc.com; Web site: www.acresinc.com.
The Peterson Cos. is developing the following centers: Virginia Gateway, a 700,000 sq.ft. center located at the intersection of Route 29, Route 55 and Linton Hall Road in Gainesville, VA with an average daily traffic count of 72,000 vehicles. Opening is slated for the fall. The center is currently tenanted by Target, Giant, Lowe’s Home Improvement, HomeGoods, DSW, La-Z-Boy, Panera Bread, PetsMart, Pier 1 Imports, Pizzeria Uno, Ruby Tuesday, IHOP and Starbucks. Demographics include a trade-area population of 101,116 earning $99,067 as the average household income; Waldorf Town Center, a 190,000 sq.ft. center located in Waldorf, MD. The center will include a bookstore, upscale shops and several restaurants. Area demographics include a population of 96,898 within seven miles earning $94,495 as the average household income; Washington Center and Washington Waterfront, 860,000 sq.ft. of street retail located in Gaithersburg, MD. The center is currently tenanted by Ann Taylor Loft, Storehouse Furniture, Barnes & Noble, Bath & Body Works, Cahra Day Spa, Chico’s, Corner Bakery, Finewine.com, Galyan’s, GNC, Joe’s Crab Shack, Kohl’s, Lane Bryant, Lindt Chocolate, Macaroni Grill, Pier 1 Imports, Rio Grande, Swenson’s Ice Cream, Target and VoiceStream. Area demographics include a population of 631,918 within 10 miles earning $111,524 as the average household income; and Washington Gateway, a 400,300 sq.ft. center located on New York Avenue in Washington, DC. The center will include a warehouse club, supermarket, freestanding pads and hard and soft good retailers. The site has an average daily traffic count of 185,000 vehicles. Demographics include a trade-area population of 281,000 earning $53,196 as the average household income. For more information, contact The Peterson Cos., 12500 Fair Lakes, Suite 400, Fairfax, VA 22033; 703-227-2000, Fax 703-818-1250; Web site: www.petersoncos.com.
Trammell Crow Co. is preleasing Greenhill Crossing Center located on Gap Way in Haymarket, VA. The center has spaces available of 1,500 sq.ft. to 12,800 sq.ft. Area demographics include 10,000 new homes to be built within three miles earning $145,000 as the average household income. Opening is slated for the first quarter of 2006. For more information, contact John Ryan or Joe McDonnell, Trammell Crow Co., 8444 Westpark Drive, Suite 300, McLean, VA 22102; 703-288-2541/9200, Fax 703-288-9262; Emails: jryan@trammellcrow.com and jmcdonnell@trammellcrow.com; Web site: www.trammellcrow.com.
Shodeen Management is preleasing The Centre of St. Charles, a center located at the intersection of Route 38 and Randall Road in St. Charles, IL. The center has spaces available of 1,500 sq.ft. to 80,000 sq.ft. Area retail includes Geneva Commons. Area demographics include a population of 95,000 within five miles. The site has an average daily traffic count of 43,000 vehicles. For more information, contact Theresa Schulz, Shodeen Management, 89 North First Street, Geneva, IL 60134; 630-232-7883, Fax 630-232-7895.
Lormax Stern Development Co. and REDICO are redeveloping Gratiot Crossing Marketplace, a center located at the intersection of 23 Mile Road and Gratiot Avenue in Chesterfield Township, MI. When completed next summer, the center will have increased its GLA from 85,000 sq.ft. to 170,000 sq.ft. New tenants will include JoAnne Etc, PetCo and Mobile2Mobile. For more information, contact Lormax Stern Development Co., 6755 Daly Road, West Bloomfield, MI 48322; 248-737-4041, Fax 248-737-5198; Web site: www.lormaxstern.com.
Stiles Corp. is preleasing space in Wilton Manors, a center located in Wilton Manors, FL. Opening is slated for early next year. The center is situated on a land area of 10 acres. For more information, contact Nancy C. Brusher, Stiles Corp., 300 SE 2nd Street, Ft. Lauderdale, FL 33301-1907; 954-627-9150, Fax 954-627-9174; Email: nancyb@stiles.com.
Legg Development Partners is developing Soho Square, a 50,000 sq.ft. center located at the intersection of 29th Street and 19th Street in Birmingham, AL. The center has spaces available of 1,200 sq.ft. and 3,200 sq.ft. and is slated to open during October. The center will include upscale retail and 76 condominiums above the retail. The company also is developing Nolensville Pike, a 215,308 sq.ft. center located at the intersection of Concord Road and Nolensville Pike Road in Davidson County, TN. The center has spaces available of 1,200 sq.ft. and 30,000 sq.ft. and is slated to open during summer 2006. For more information, contact Tammy Johnson, Legg Development Partners, PO Box 131192, Birmingham, AL 35213; 205-423-2256, Fax 205-423-2372; Email: tjohnson@leggdevelopment.com.
O’Brien Kiernan Investment Co. is developing The Village at Kimball Junction, a 101,000 sq.ft. center located at the intersection of State Road 224 and Interstate 80 in Park City, UT. Opening is slated for the summer. The center will be anchored by Linens ‘N Things, T.J. Maxx and Cost Plus World Market. Area retail includes Wal*Mart, Bed Bath & Beyond, Petco, Wild Oats Grocery, Pier 1 Imports, Staples and Factory Stores of Park City. The site has an average daily traffic count of 27,500 vehicles. Demographics include a trade-area population earning $95,265 as the average household income. The center has space available of 1,400 sq.ft. to 14,000 sq.ft. For more information, contact Randy Sperring, O’Brien Kiernan Investment Co., 1255 Post Street, Suite 950, San Francisco, CA 94109; 415-775-3556, Fax 415-775-6364.
Childress Klein Properties is proposing to develop a 1.3 million sq.ft. mall at the intersection of Lawyers Road and Interstate 485 in Mint Hill, NC. For more information, contact Childress Klein Properties, 300 Galleria Parkway, Suite 600, Atlanta, GA 30339; 770-859-1200, Fax 770-859-1299.
Felenstein Was & Associates is leasing Adirondack Outlet Mall, a center located in Lake George, NY. The center is tenanted by Eddie Bauer, Big Dog, Famous Footwear, Dress Barn, Easy Spirit, Rue 21, Welcome Home, Bon Worth and Corning. For more information, contact Jeffrey T. Was, Felenstein Was & Associates, 47 East 77th Street, Suite 205, New York, NY 10021; 212-772-9829, Fax 212-535-9108; Email: jeff@fwacgroup.com; Web site: www.fwacgroup.com.
Paramount Realty Services, Inc. is preleasing The Shoppes at Victoria Plaza, a 110,000 sq.ft. center located on Route 9 South in Toms River, NJ. The center has spaces available of 1,600 sq.ft. to 37,000 sq.ft., as well as an endcap and pad sites. Area demographics include a population of 420,000 within 10 miles earning $50,000 as the average household income. The center is tenanted by a daycare, Dunkin’ Donuts, Subway, a pharmacy and 1st Atlantic Credit Union. For more information, contact Gene Benko, Paramount Realty Services, Inc., 1195 Route 70, Suite 2000, Lakewood, NJ 08701; 732-886-1500 Ext. 103, Fax 732-886-1690.
The Rappaport Cos. is developing Cameron Chase Village Center, a 44,000 sq.ft. center located on Farmwell Road in Ashburn, VA. For more information, contact The Rappaport Cos., 8405 Greensboro Drive, Suite 830, McLean, VA 22102-5121; 571-382-1290, Fax 571-382-1210; Email: leasing@rappaportco.com; Web site: www.rappaportco.com.
Gambone Development Co. is developing Suburbia Shopping Center, a 162,000 sq.ft. center located on Route 100 in North Coventry Township, PA. The site has an average daily traffic count of 25,000 vehicles. The center will be anchored by a 55,000 sq.ft. Clemens Markets. Cotenants include Soccer Post, Security National Bank, Blockbuster Video, State Wine & Spirits Shop, Holiday Hair, Karate For Kids, Lady of America, C.J. Auto & Tires, Bravo’s Restaurant and AT&T. The center has pad sites available, as well as spaces of 1,500 sq.ft. to 20,000 sq.ft. For more information, contact Joe Gambone Jr., Gambone Development Co., 1030 West Germantown Pike, East Norriton, PA 19403; 610-539-4700, Fax 610-539-4701; Email: info@gambone.com.
Packard Development is planning to develop a center located on Greenland Road, off Interstate 95, in Greenland, NH with an average daily traffic count of 73,000 vehicles. The center will be anchored by a proposed Lowe’s Home Improvement, with a major discount retailer and 70,500 sq.ft. of additional retail space. For more information, contact Packard Development, One Wells Avenue, Newton, MA 02459; 617-965-1966.
First Rockford Group, Inc. is developing the following two centers in Machesney Park, IL at the intersection of Highways 251 and 173: Phase I of Machesney Crossings, a 15,000 sq.ft. development that will be part of a three-phase, 170,000 sq.ft. retail project. Area retail includes Kohl’s, Home Depot, Target and Lowe’s Home Improvement; and Orlando Center, a 6,000 sq.ft. development with frontage on IL-173. Tenants will include First Community Credit Union and T-Mobile. For more information, contact Marc Strauss, First Rockford Group, Inc., 6801 Spring Creek Road, Rockford, IL 61114; 815-229-3000, Fax 815-229-3001.
LFT Realty Group, Inc. is preleasing Marketplace at Plymouth II, a center located on Route I-476 in Conshohocken, PA. The 390,000 sq.ft. center is slated to open during next summer. Area demographics include a population of 2,608,655 within 15 miles earning $71,888 as the average household income. The center will be situated on a land area of 116 acres. Area retail includes IKEA, BJ’s Wholesale Club, Home Depot and Circuit City. For more information, contact LFT Realty Group, Inc., 600 Old Elm Street, Conshohocken, PA 19428; 610-834-3030, Fax 610-834-3033.
Atlantic Retail Properties is preleasing the redevelopment of Exeter Commons, an 89,000 sq.ft. center located at the intersection of Route 108 and Route 101 in Exeter, NH. The center has space available of 14,140 sq.ft. The company also is preleasing a 95,000 sq.ft. pad development to Eastfield Mall located on Route 20 in Springfield, MA. Eastfield Mall has a GLA of 824,000 sq.ft. and is anchored by Sears, Filene’s, JCPenney and a 16-screen Showcase Cinema. For more information, contact Ben Starr, Atlantic Retail Properties, 67 Batterymarch Street, Boston, MA 02110; 617-239-3643, Fax 617-239-3650; Email: bstarr@atlanticretail.com.
Don Bennett & Associates, Inc. is developing Palm Valley Pavilions North, a 38,000 sq.ft. center located at the intersection of Litchfield Road and McDowell Road in Goodyear, AZ. The center will include inline shop space located across the street from the Target-anchored Palm Valley Pavilions East. Other area retail includes Lowe’s Home Improvement, Barnes & Noble, Best Buy, Black Angus, Applebee’s and McDonald’s. The company also is developing Surprise Stadium Village, a 69-acre mixed-use project located at the intersection of Parkview Place, Bullard Avenue and Paradise Lane in Surprise, AZ. The development will consist of a park-like atmosphere equipped with water features and open space. The development is planned to include over 200,000 sq.ft. of retail development and approximately 180,000 sq.ft. of office space. Entertainment components are planned to include a multiplex movie theater, two hotels, restaurants and a full-service fitness center. The company also is developing Estrella Village, a 20-acre mixed-use development located at the intersection of Estrella Parkway and Roosevelt Road in Goodyear, AZ. The center will be located at the entrance to the future Goodyear City Center. Estrella Village is planned to have a mix of office, banking, restaurants, mid-sized retail and hotels. The site has commitments from a sports bar, national retailers and a national chain hotel. The development also is planned to include approximately 60,000 sq.ft. of office, 75,000 sq.ft. of retail and an 82-room all-suites hotel. The hotel is slated to open during next Fall. For more information, contact Kevin Helland or Matthew Tafoya, Don Bennett & Associates, Inc., 250 North Litchfield Road, Suite 250 Goodyear, AZ 85338; 623-932-2000, Fax 623-932-1661; Web site: www.realdevelopment.com.
River Oaks Properties is planning to develop the following sites throughout El Paso, TX: an 11,400 sq.ft. center located at the intersection of Montwood and Saul Kleinfeld. Area demographics include a population of 115,693 within three miles earning $44,114 as the average household income; an outlot to Firehouse Center located at the intersection of Montwood and Firehouse; a pad site located at the intersection of Pebble Hills and Saul Kleinfeld; pad sites to Wal*Mart at the intersection of Montwood and Zaragosa. Area demographics include a population of 69,138 within three miles earning $50,750 as the average household income; and a center situated on a land area of 46 acres at the intersection of Montwood and Joe Battle. For more information, contact River Oaks Properties, One Helen of Troy Plaza, El Paso, TX 79912; 915-225-5700, Fax 915-225-5701; Web site: www.riveroaksproperties.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.
NewMarket Advisors is preleasing Charleston Festival, a center located on the west side of Las Vegas, NV. The site has an average daily traffic count of 42,500 vehicles. The center is anchored by Wal*Mart Supercenter and is tenanted by Denny’s, Pick Up Stix, Starbucks, Capriottis, EB Games and Sports Clips. Area demographics include a population of 500,000 within five miles. For more information, contact Robert F. Touma, NewMarket Advisors, 2970 West Sahara, Suite 100, Las Vegas, NV 89102; 702-221-2500 Ext. 318, Fax 702-221-2504; Email: btouma@newmarketadvisors.com; Web site: www.newmarketadvisors.com.
Breslin Realty is developing Brookhaven Town Center located at the intersection of William Floyd Parkway and Interstate 495 in Brookhaven, NY. The center will be situated on a land area of 150 acres. Area retail includes the Tanger Factory Outlet. Area demographics include a population of 388,051 within 10 miles earning $72,322 as the average household income. For more information, contact Robert Delavale, Breslin Realty, 500 Old Country Road, Garden City, NY 11530; 516-741-7400 Ext. 230, Fax 516-741-5621.
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. For more information, contact Matt Valenti, Cameron Group, LLC, 609 West Genesee Street, Syracuse, NY 13204; 315-701-3334, Fax 315-701-3335.
The Widewaters Group is preleasing a center located at the intersection of NYS Route 104 and City Line Road in Oswego, NY. Area retail includes Wal*Mart, P&C Supermarket and Tops Supermarket. The site is located outside downtown Oswego. The company is also preleasing a center located at the intersection of New Salem Turnpike and Matthew Drive in Uniontown, PA. Area retail includes Uniontown Mall, Staples, Super Kmart, Lowe’s Home Improvement and Shop n Save Supermarkets. For more information, contact Jim Lavelle, The Widewaters Group, 5786 Widewaters Parkway, PO Box 0003, DeWitt, NY 13214; 315-445-8613, Fax 315-445-8570; Email: jlavelle@widewaters.com.
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. For more information, contact Laurie Mazzotta, Retail Strategies, Inc., 100 West Road, Suite 300, Baltimore, MD 21204; 410-494-6500, Fax 410-494-6517. |