|
New Construction
|
|
|
New Construction Acadia Realty Trust is preleasing Canarsie Plaza, a 171,493 sq.ft. center located at the intersection of Remsen Avenue, Foster Avenue and Avenue D in Brooklyn, NY. The center has spaces available of 1,600 sq.ft. to 14,000 sq.ft., as well as an outlot of 5,080 sq.ft. and is anchored by Home Depot. Opening is slated for Summer 2007. Area demographics include a population of 941,938 within three miles earning $45,642 as the average household income. The company also is redeveloping Law Center, a 60,000 sq.ft. mixed-use center located at the intersection of East 161st and Morris Avenue in Bronx, NY. Opening is slated for Fall 2007. Area demographics include a population of 766,400 within two miles earning $33,596 as the average household income. For more information, contact Michael Dobeck, Acadia Realty Trust, 1311 Mamaroneck Avenue, Suite 260, White Plains, NY 10605; 914-288-8177, Fax 914-288-2177; Email: mdobeck@acadiarealty.com; Web site: www.acadiarealty.com.
Spake Real Estate is preleasing Gerber Village, a 700,000 sq.ft. center located at the intersection of Hendersonville Road, Gerber Road and Mills Gap Road in Asheville, NC. The center is situated on a land area of 38 acres and is anchored by Office Depot. Cotenants include Moe’s Southwest Grill, Doc Green’s, Lenny’s Sub Shop and WNC Nails. Opening is slated for the first quarter of 2006. Area demographics include a population of 158,118 within 10 miles earning $52,323 as the average household income. The site has an average daily traffic count of 35,000 vehicles. Asking rent is $26 psf with CAM and taxes of $2 psf. For more information, contact John Spake, Spake Real Estate, 83 Peachtree Road, Nettlewood Professional Park, Asheville, NC 28803; 828-277-9670, Fax 828-277-9672; Email: john@spakerealestate.com; Web site: www.spakerealestate.com.
AVB Development Partners, LLC is developing Surprise Marketplace, a center located at the intersection of Bell and West Point Parkway in Surprise, AZ. The center will be anchored by Sprouts. The company also is developing The Groves Towne Center located at the intersection of Alma School Road and Grove Avenue in Mesa, AZ. Tenants include Chipotle, Buffalo Wild Wings and ColdStone Creamery. For more information, contact Paul Klink, AVB Development Partners, LLC, 6991 East Camelback Road, Suite D205, Scottsdale, AZ 85251; 480-429-7600 Ext. 204, Fax 480-429-7611.
Allied Property Group is preleasing a 42,079 sq.ft. center located on Riverside Avenue in Riverside, CT. Opening is slated for September 2008. The site has an average daily traffic count of 32,000 vehicles. For more information, contact Thomas Torelli, Allied Property Group, 116 Mason Street, Greenwich, CT 06830; 203-661-5800, Fax 203-661-4896; Email: tom@alliedpropertygrp.com; Web site: www.alliedpropertygrp.
Century Retail is preleasing Cambridge Oaks, a 25,000 sq.ft. center located at the intersection of U.S. 17-92 and Plumosa Avenue in Casselberry, FL. Area demographics include a population of 212,161 within five miles earning $70,842 as the average household income. The company also is preleasing Orange City Town Center, a 36,000 sq.ft. center located at the intersection of Enterprise Road and Saxon Boulevard in Orange City, FL. Area demographics include a population of 77,995 within five miles earning $53,572 as the average household income. For more information, contact Julia Sosa, Century Retail, 5750 Major Boulevard, Suite 240, Orlando, FL 32819; 407-248-9828, Fax 407-248-9833; Web site: www.centuryretail.com.
Jeffery Realty, Inc. is preleasing a 400,000 sq.ft. center located at the intersection of Route 9 and West Farms Road in Howell, NJ. The site has an average daily traffic count of 40,000 vehicles. Area retail includes Home Depot. The center will be situated on a land area of 50 acres and is located near Freehold Raceway Mall. Area demographics include a population of 323,874 within 10 miles earning $94,467 as the average household income. The company also is preleasing a 43,000 sq.ft. center located at the intersection of Woodlane Road and Springside Road in Westampton, NJ. The site has an average daily traffic count of 24,000 vehicles. Area demographics include a population of 247,426 within seven miles earning $60,282 as the average household income. For more information, contact John Lutz, Jeffery Realty, Inc., 116 Route 22, North Plainfield, NJ 07060; 908-668-9600; Email: jlutz@jefferyrealty.com.
Commercial Realty Group, LLC is preleasing Rockledge Square Shopping Center, a 32,792 sq.ft. center located at the intersection of 84th and Van Dorn Streets in Lincoln, NE. The center will contain over 26,000 sq.ft. of retail/office space, as well as a 5,000 sq.ft. to 6,500 sq.ft. pad site. Asking rents range from $16.50 psf to $20 psf NNN. The center also will have 210 luxury apartments and is located near established neighborhoods. For more information, contact Dawn M. Nowka or Laura M. Bell, Commercial Realty Group, LLC, 1630 South 70th Street, Suite 201, Lincoln, NE 68506; 402-484-5333, Fax 402-484-6333; Email: dnowka@crgnebraska.net; Web site: www.crgnebraska.net.
Developers Diversified Realty is developing Freehold Marketplace, a 500,000 sq.ft. center located at the intersection of State Highway 33 and Route 537 in Freehold, NJ. Opening is slated for next year. The center is anchored by 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.
RMJ Development Group, LLC is developing The Marketplace at Madison Crescent, a 125,000 sq.ft. center located at the intersection of Routes 15 and 29 in Prince William County, VA. The center is situated on a land area 43 acres and will be anchored by Harris Teeter. Opening is slated for late 2006. Along with the 52,000 sq.ft. supermarket, the marketplace will include an additional 37,000 sq.ft. of traditional neighborhood retail space and a 36,000 sq.ft., three-story professional office building with ground-level retail space. For more information, contact RMJ Development Group, LLC, 1650 Tysons Boulevard, McLean, VA. Or contact, Madison Retail Group at 703-852-3163.
PlazaCorp. Realty Advisors, Inc. is preleasing Sam’s Plaza and a restaurant pad at the intersection of Westnedge Avenue and Romence Parkway in Portage, MI. Opening is slated for February 2006. The site has an average daily traffic count of 60,000 vehicles. The center has spaces available of 2,500 sq.ft.; 5,000 sq.ft. and 10,000 sq.ft. Area demographics include a population of 108,855 within five miles earning $42,257 as the average household income. For more information, contact Jon Jurhs, PlazaCorp. Realty Advisors, Inc., 211 East Water Street, Kalamazoo, MI 49006; 269-383-5775, Fax 269-385-5774; Email: jjurhs@plazacorp.net; Web site: www.plazacorp.net.
Centers Business Management is preleasing a center located at the intersection of Atlantic Boulevard and Carson Street in Long Beach, CA. Area retail includes Subway, Trader Joe’s, Bank of America, Wells Fargo, Washington Mutual, Red Brick Pizza, Jamba Juice, It’s A Grind and The Coffee Bean & Tea Leaf. For more information, contact Michael Pakravan or Todd Nathanson, Centers Business Management, 17030 Ventura Boulevard, Suite 200, Encino, CA 91316; 818-380-9966, Fax 818-380-9976; Email: michael@cbm1.com; Web site: www.cbm1.com.
Commercial Advantage, Inc. is preleasing a center located on Route 6 in Portage, IN. Opening is slated for May 2006. The center will be anchored by a 16-plex IMAX Showplace Theatre. For more information, contact Michele Mirich, Commercial Advantage, Inc., 9111 Broadway, Suite LL, Merrillville, IN 46410; 219-736-0014, Fax 219-736-0134; Email: mmirich@commercial-adv.com.
Developers Realty is developing Deltona Town Commons, a 750,000 sq.ft. center located at the intersection of Interstate 4 and State Route 472 in Deltona, FL. The center will be situated on a land area of 90 acres. Opening is slated for 2007 or 2008. The company also is developing Town Centre at St. Augustine, a 400,000 sq.ft. center located in St. Augustine, FL. Opening is slated for 2007 or 2008. The center is situated on a land area of 80 acres. For more information, contact Mike Lynch, Developers Realty, 90 Forbes Road, Milton, MA 02186; 800-231-6221, Fax 617-696-2222; Web site: www.developers-realty.com. |