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New Construction Harbert Realty Services, Inc. is developing and preleasing the Shops at Market Square, a 9,000 sq.ft. center located at the intersection of Daniels Parkway and Highway 41 in Fort Myers, FL. The center is shadow-anchored by a SuperTarget. Opening is slated for the fall. Area demographics include a population of 56,085 within three miles earning $57,151 as the average household income. The site has an average daily traffic count of 46,000 vehicles. For more information, contact Eric Massey, Harbert Realty Services, 1901 Sixth Avenue North, Suite 2001, Birmingham, AL 35203; 205-458-8116 or 205-323-2020; Email: emassey@harbertrealty.com.
JLT Group, Inc. is developing The Bridges of Saint Paul, a 400,000 sq.ft. center located on the banks of the Mississippi River in Saint Paul, MN. The 32-acre mixed-use development will include more than 60 shops and up to 12 major restaurants, bistros and cafes. Among the planned feature attractions is Harvest Hall, complete with an old world deli, fresh meat and seafood vendors, seasonal produce, a flower market, culinary and kitchen shops, coffee roasting and cafes. For more information, contact JLT Group, Inc., 10 River Park Plaza, Suite 800, St. Paul, MN 55107; 651-641-1111, Fax 651-641-1244; Email: info@jltgroupinc.com.
The Swiss Group is preleasing Trafalgar Plaza, a 15,200 sq.ft. center located at the intersection of Highway 135 and State Route 252 in Trafalgar, IN. Phase 1 of the center will be situated on a land area of 2.25 acres and has spaces available of 1,200 sq.ft. to 7,200 sq.ft., as well as an outlot of one acre. Opening is slated for July 2006. Area demographics include a population of 48,751 within 10 miles earning $54,685 as the average household income. Asking rents range from $12 psf to $14 psf. The site has an average daily traffic count of 14,160 vehicles. The company also is preleasing Fisher Place, a 21,000 sq.ft. center located at the intersection of Allisonville Road and East 116th Street in Fishers, IN. Opening is slated for August 2006. The center is situated on a land area of eight acres and has spaces available of 1,200 sq.ft. to 8,000 sq.ft., as well as four one-acre outlots. Area demographics include a population of 124,644 within five miles earning $88,226 as the average household income. The site has an average daily traffic count of 7,330 vehicles. Asking rents range from $22 psf to $24 psf. Area retail includes Kroger, Marsh, CVS, Starbucks, Sherwin-Williams and Sears Hardware. The company also is preleasing Franklin Corners, a 16,300 sq.ft. center located at the intersection of Arlington Avenue and Thompson Road in Indianapolis, IN. Opening is slated for August 2006. The center has spaces available of 1,200 sq.ft. to 7,200 sq.ft., as well as four outlots of a half acre to one acre. Asking rents range from $12 psf to $14 psf. Area demographics include a population of 134,148 within five miles earning $49,912 as the average household income. Area retail includes Kroger, Marsh, Wal*Mart Supercenter, Kmart, CVS, Family Video, Sears Hardware and Dollar Tree. The company also is preleasing Kimmel Road Shoppes, a 10,000 sq.ft. center located at the intersection of Hart Street and Kimmel Road in Vincennes, IN. The center is situated on a land area of 1.19 acres and has spaces available of 1,200 sq.ft. to 4,800 sq.ft. Opening is slated for November. Tenants include Cingular, Allied Cash Advance and Rogers Jewelers. Asking rent ranges from $20 psf to $22 psf. Area demographics include a population of 28,763 within 10 miles earning $39,977 as the average household income. The company also is preleasing Winding Way Shoppes, a center located at the intersection of East 38th Street and German Church Road in Indianapolis, IN. Opening is slated for November 2006. The center has spaces available of 1,200 sq.ft. to 12,000 sq.ft. and has three outlots of one acre available. Area demographics include a population of 122,940 within five miles earning $51,622 as the average household income. Asking rents range from $12 psf to $14 psf. For more information, contact Frank E. Swiss, The Swiss Group, 3985 West 106th Street, Suite 110, Carmel, IN 46032; 317-816-9270, Fax 317-816-9271; Email: fswiss@swissgroup.com; Web site: www.swissgroup.com.
Seldin Co. is developing a site located at the intersection of 23rd and 25th Streets and West Broadway in Council Bluffs, IA. The site is situated on a land area of 7.52 acres and has spaces available of 5,000 sq.ft. to 70,000 sq.ft. Opening is slated for Spring 2006. Area demographics include a population of 141,889 within five miles earning $45,726 as the average household income. The site has an average daily traffic count of 29,200 vehicles. For more information, contact Dan Dutton, Seldin Co., 13057 West Center Road, Omaha, NE 68144; 402-333-7373, Fax 402-333-4281; Email: dand@seldin.com; Web site: www.seldin.com.
Carolina Holdings, Inc. is developing The Shoppes at Citrus Park, a center located at the intersection of Sheldon Road and Citrus Park Drive in Tampa, FL. The center will be situated on a land area of 7.5 acres and will have up to 30,000 sq.ft. of GLA. The site has an average daily traffic count of 49,797 vehicles. Area retail includes Burdines, Dillard’s, JCPenney, Sears and Regal Cinema 20. Area demographics include a population of 579,850 within 10 miles earning $64,608 as the average household income. For more information, contact Britt Goodson, Carolina Holdings, Inc., PO Box 25909; 864-272-0088, Fax 864-272-0078; Email: britt.goodson@choldings.com.
Centdev Properties, LLC is a developer focusing on the southeastern U.S. for shopping center development, redevelopment and single-tenant build-to-suit programs. The company will develop sites on land areas of three acres to 50 acres. For more information, contact Dale Tweedy, Centdev Properties, LLC, 16930 West Catawba Avenue, Suite 206, Cornelius, NC 28031; 704-895-1535 Ext. 17; Web site: www.centdev.com.
Coro Realty Advisors, LLC is preleasing the following sites: Buckhead Place, a center located at the intersection of Peachtree Road and Piedmont Road in Atlanta, GA. Opening is slated for next year; Brookwood Square, a center located on Peachtree Road in Atlanta, GA; Berkeley Heights, a mixed-use development featuring 22,000 sq.ft. of retail and 181 apartments in Atlanta, GA. Opening is slated for this month, with Phase II slated for Spring 2006; and Addison Place Shops, a center located at the intersection of Jones Bridge Road and Abbotts Bridge Road in Alpharetta, GA. Opening is slated for this month. For more information, contact Steve Patrick, Coro Realty Advisors, 3312 Piedmont Road, Suite 400, Atlanta, GA 30305-1713; 404-846-4000, Fax 404-846-8660; Email: spatrick@cororealty.com; Web site: www.cororealty.com.
Noddle Cos. is preleasing Lorraine Towne Center, a 300,000 sq.ft. center located at the intersection of Interstate 29 and West 26th Street in Sioux Falls, SD. Opening is slated for Fall 2006. The center has spaces available of 1,400 sq.ft. to 50,000 sq.ft. For more information, contact Noddle Cos., 1125 South 103rd Street, Suite 450, Omaha, NE 68124; 402-496-1616, Fax 402-496-6250; Web site: www.noddlecompanies.com.
Excel Realty Holdings, LLC is preleasing Fountain Marketplace, an 859,000 sq.ft. center located at the intersection of Highway 85 and Mesa Ridge Parkway in Fountain, CO. The center is situated on a land area of 116 acres. Opening is slated for Fall 2008. Area demographics include a population of 237,589 within 10 miles earning $53,319 as the average household income. For more information, contact Excel Realty Holdings, LLC, 17140 Bernardo Center Drive, Suite 310, San Diego, CA 92128; 858-613-1800.
The Bradco Cos. is preleasing Plaza on Main, a 23,000 sq.ft. center located at the intersection of Main Street and 11th Avenue in Hesperia, CA. Opening is slated for April 2006. The center has spaces available of 773 sq.ft.; 1,500 sq.ft.; 2,000 sq.ft. and 4,000 sq.ft. Area retail includes Rite Aid, Walgreens and Stater Bros. Area demographics include a population of 103,507 within five miles earning $51,659 as the average household income. For more information, contact Jeremy Schmidt, The Bradco Cos., 15028 7th Street, Victorville, CA 92395; 760-951-5111 Ext. 103, Fax 760-951-5113.
Commercial Retail Advisors, LLC is preleasing Safeway Sahuarita Center located at the intersection of La Canada and Duval Mine Road in Sahuarita, AZ. Opening is slated for the first quarter of next year. Area demographics include a population of 30,872 within 10 miles earning $55,025 as the average household income. Asking rents range from $24 psf to $28 psf with CAM of $4.50 psf. For more information, contact Linda Montani, Commercial Retail Advisors, LLC, 4811 East Grant Road, Suite 262, Tucson, AZ 85712; 520-290-3200, Fax 520-751-7465; Email: lmontani@cradvisorsllc.com; Web site: www.cradvisorsllc.com.
The Velmeir Cos. is developing a site located at the intersection of Gezon and Byron Center in Wyoming, MI. The site has an average daily traffic count of 31,963 vehicles. Area demographics include a population of 148,342 within five miles earning $48,695 as the average household income. The company also is developing a site located at the intersection of Cedar and Dodd in Lakeville, MN. Area demographics include a population of 128,054 within five miles earning $74,462 as the average household income. For more information, contact The Velmeir Cos., 5757 West Maple, Suite 800, West Bloomfield, MI 48322; 248-539-7996, Fax 248-539-9449.
Progressive Development Services is developing Village at Old Trace, a 100,000 sq.ft. center located on Dallas Highway in Cobb County, GA. The site has an average daily traffic count of 50,000 vehicles. Area demographics include a population of 110,000 within five miles earning $100,000 as the average household income. For more information, contact Rebecca Lambert, Progressive Development Services, 678-722-0403; Web site: www.pdsretail.com.
Forest City Retail Properties is preleasing Northfield at Stapleton, a 539,722 sq.ft. center located at the intersection of Interstate 270 and Interstate 70 in Denver, CO. The center is anchored by Bass Pro Shops, Foley’s, Harkins Theatre and Target. Area demographics include a population of 570,332 within seven miles earning $62,831 as the average household income. The company also is preleasing The Orchard Town Center, a 265,000 sq.ft. center located at the intersection of Huron Street and West 144th in Westminster, CO. Opening is slated for Fall 2006 or Spring 2007. Anchors include JCPenney, Foley’s and AMC Theatres. Area demographics include a population of 509,136 within 10 miles earning $74,749 as the average household income. For more information, contact Forest City Commercial Group, 50 Public Square, Suite 1026, Cleveland, OH 44113; 216-621-6060; Web site: www.forestcity.net.
Menin Development Cos. is developing Downtown at the Gardens, a 338,100 sq.ft. center located just north of Alternate A1A and PGA Boulevard in Palm Beach Gardens, FL. Opening is slated for Fall 2005. The center is situated on a land area of 60 acres. The center is anchored by Whole Foods Market and Cobb 16-screen Theatre and is tenanted by Strip House, Yardhouse, Sur La Table, Starbucks, City Kitchen, Max’s Grille, Casablanca, Couture Optique, The Grape, RA Sushi, TooJay’s, Sloan’s Ice Cream and Addison Gallery. Area demographics include a population of 284,000 within 10 miles earning $86,000 as the average household income. The site has an average daily traffic count of 61,000 vehicles. For more information, contact Ashley Barton, Menin Development Cos., 3501 PGA Boulevard, Suite 201, Palm Beach Gardens, FL 33410; 561-282-5000 Ext. 229, Fax 561-282-5718; Email: abarton@menindevelopment.com; Web site: www.menindevelopment.com.
New Markets, LLC is preleasing Poindexter Corridor, a 232,000 sq.ft. center located in Chesapeake, VA. Area demographics include a population of 91,139 within three miles earning $34,469 as the average household income. For more information, contact Frank White, New Markets, LLC, 16606 Harbour Town Drive, Silver Spring, MD 20905; 877-476-9801, Fax 301-476-9842; Email: frankwhite@newmarketsllc.com.
Tartan Realty Group, Inc. is preleasing 50% of Winfield Town Center located on Winfield Road in Winfield, IL. The center is launching the first phase of the high-end downtown redevelopment plan. In addition to office space for Central DuPage Hospital, the complex will have 12,500 sq.ft. of retail space available to accommodate up to seven ground-level shops in a setting that features pedestrian-friendly landscaping. Area demographics include a population of 69,613 within three miles earning $100,352 as the average household income. The site has an average daily traffic count of 16,300 vehicles. For more information, contact Tartan Realty Group, Inc., 30 West Monroe Street, Suite 1000, Chicago, IL 60603; 312-377-8376; Email: info@tartanrealtygroup.com.
Hack Real Estate Association is preleasing Maspeth Plaza, a 12,000 sq.ft. center located at the intersection of Grand Avenue and Flushing Avenue in Maspeth, NY. Opening is slated for May 2006. The center is tenanted by Carvel, Chase Bank and Duane Reade. Asking rent is $35 psf with CAM of $1.01. For more information, contact Anthony Murray, Hack Real Estate Association, 224-10 Union Turnpike, Bayside, NY 11364; 631-806-7474; Email: amurray@hackrealestate.com.
Gateway Builders & Properties is developing Parkway at 17 Plaza, a center located at the intersection of U.S. 20 and Middlebury Street in Elkhart, IN. The center is situated on a land area of 25 acres and has spaces available of 1,200 sq.ft.; 1,800 sq.ft. and 4,000 sq.ft., as well as four outlots. The center is tenanted by Beef O’Brady’s, Nextel, Big League Barbershop, Liberty Fitness and Char & Elsie’s Café. Area demographics include a population of 77,000 within five miles earning $58,460 as the average household income. The site has an average daily traffic count of 24,000 vehicles. Asking rent is $13 psf with CAM of $2.50 psf. The company also is developing Hively Square, a center located on State Road 19 in Elkhart, IN. Opening is slated for this month. The center will be situated on a land area of 2.5 acres and will be anchored by Chalet Party Shoppe and will have six spaces available. Area demographics include a population of 88,000 within five miles earning $50,000 as the average household income. Asking rent is $12 psf with CAM of $2 psf. For more information, contact Lori Snyder, Gateway Builders & Properties, 5230 Beck Drive, Suite 3A, Elkhart, IN 46576; 574-295-9944, Fax 574-389-8773; Email: lori@gate-wayproperties.com; Web site: www.gate-wayproperties.com.
Regency Centers is preleasing Jefferson Square, a 97,014 sq.ft. center located at the intersection of Jefferson Street and Fred Waring Drive in La Quinta, CA. The center has spaces available of 43,887 sq.ft.; 11,707 sq.ft.; 6,058 sq.ft.; 5,207 sq.ft. and three spaces of 5,000 sq.ft. available, and is tenanted by CVS. For more information, contact Regency Centers, 555 South Flower Street, Suite 3500, Los Angeles, CA 90071; 877-401-4211; Web site: www.regencycenters.com.
Steiner & Associates is developing the following centers: Bayshore, a center located in Milwaukee, WI. The development will take an existing center from 500,000 sq.ft. to 1.2 million sq.ft. with the addition of a new town center opening next year; The Greene, an 800,000 sq.ft. center located in Dayton, OH. Opening is slated for August 2006. The center is currently 50% preleased. When complete, the project will also feature 150 luxury loft-style apartments, 100,000 sq.ft. of high-tech office suites and a full-service hotel. For more information, contact Steiner & Associates, 4016 Townsfair Way, Suite 201, Columbus, OH 43219; 614-414-7300.
Lee Fry Cos., Inc. is preleasing The Waterside Center, a 62,873 sq.ft. center located at the intersection of Aurora Avenue and Fort Hill Drive in Naperville, IL. The center is situated on a land area of 6.7 acres and has four spaces available of 1,995 sq.ft. and one space available of 2,520 sq.ft. Opening is slated for December. The center is anchored by Menards and Michael’s Arts and Crafts and is cotenanted by Air Room, Work N Gear, Kiku Steakhouse, Cousins Subs and Carpetland. The site has an average daily traffic count of 24,200 vehicles. Area retail includes Fox Valley Mall and Westridge Court. Asking rent is $27.50 psf with CAM and taxes of $4.50 psf. The company also is preleasing The Fountain Shoppes of Bolingbrook, a 70,000 sq.ft. center located at the intersection of 115th Street and Weber Road in Bolingbrook, IL. The center is situated on a land area of six acres and has spaces available of 1,200 sq.ft. to 2,400 sq.ft., as well as outlots available of .0770 acres; 0.681 acres and 1.016 acres. Asking rent is $25 psf with CAM and taxes of $4.450 psf. For more information, contact Leslie James, Lee Fry Cos., Inc., 825 North Cass Avenue, Suite 209, Westmont, IL 60559; 630-986-9454, Fax 630-986-0369; Email: ljames@leefryco.com; Web site: www.leefryco.com.
Williams Realty Group is preleasing Chestnut Hills Shoppes, a 10,475 sq.ft. center located at the intersection of Illinois Road and Scott Road in Fort Wayne, IN. Opening is slated for March 2006. The company also is preleasing Weston Pointe, a 29,780 sq.ft. center located at the intersection of Michigan Road and 106th Street in Carmel, IN. Opening is slated for March 2006. The center has three outlots available of one acre each. The company also is preleasing Olive Branch Parke, a 19,200 sq.ft. center located at the intersection of Olive Branch and State Route 135 in Greenwood, IN. Opening is slated for Spring 2006. For more information, contact Ron Bell, Williams Realty Group, 9830 Bauer Drive, Indianapolis, IN 46280; 317-574-5480, Fax 317-829-2052; Email: twood@wr-group.com.
Rubloff Development Group is developing Huntley Shopping Center, a 300,000 sq.ft. center located at the intersection of Route 47 and Powers Road in Huntley, IL. Opening is slated for May 2007. The center has spaces available of 1,000 sq.ft. to 30,000 sq.ft., as well as an outlot of 1.25 acres, and is anchored by Home Depot. For more information, contact Michael C. Puritz, Rubloff Development Group, 2800 West Higgins, Suite 205, Hoffman Estate, IL 60195; 847-884-4820, Fax 847-884-9934; Email: michaelpuritz@rubloffusa.com.
RED Development and Westcor are planning to develop Prasada, a two million sq.ft. center located at the intersection of Loop 303 and Waddell Road in Surprise, AZ. The center will be situated on a land area of 800 acres. Opening is slated for Fall 2007. Area demographics include a population of 141,101 within five miles earning $78,112 as the average household income. The center is the retail component of a 4,200-acre master-planned development. RED Development also is developing Sparks Marina, an 800,000 sq.ft. center located at the intersection of Interstate 80 and Sparks Boulevard in Sparks, NV. The center will be situated on a land area of 130 acres. Opening is slated for Spring 2007. Area demographics include a population of 151,596 within five miles earning $54,790 as the average household income. RED Development is developing the Overland Park Entertainment District and Events Center located at the intersection of 115th Street and Metcalf Avenue in Overland Park, KS. The 330,000 sq.ft. center will be situated on a land area of 38 acres and opening is slated for Fall 2006. For more information, contact Lee Stiegemeier, RED Development, 4717 Central, Kansas City, MO 64112; 816-876-2507, Fax 816-777-3501; Email: lstiegemeier@reddevelopment.com; Web site: www.reddevelopment.com.
Richard Flagel Realty, Inc. is preleasing a 36,000 sq.ft. center located on State Route 741, north of State Route 725, in Dayton, OH. The center is situated on a land area of 4.74 acres. Opening is slated for January 2006. Area demographics include a population of 424,563 within 10 miles earning $60,483 as the average household income. Area retail includes the Dayton Mall. Asking rents range from $10 psf to $14 psf. For more information, contact Kelly Gray, Richard Flagel Realty, Inc., 323 Regerley Ridge Drive, Dayton, OH 45459; 937-433-4123, Fax 937-433-4093; Email: kgray@flagelrealty.com.
Rosetto Realty Group, LLC is preleasing Jackson Crossings, a 60,000 sq.ft. center located at the intersection of Hope Chapel Road and East Veterans Highway in Jackson, NJ. The center has 15,000 sq.ft. of second-floor corner retail available. Cotenants include Rite Aid, Shore Commerce Bank, a Chinese restaurant and a fast food restaurant. Area demographics include a population of 50,000 within three miles earning $54,000 as the average household income. Opening is slated for Spring 2006. For more information, contact Ronald Rosetto or John Tzezairlidis, Rosetto Realty Group, LLC, 81 East Water Street, Suite 3C, Toms River, NJ 08753; 732-244-6700, Fax 732-244-6701.
Commercial Advantage, Inc. is preleasing a 609,840 sq.ft. center located at the intersection of U.S. 6 and American Way in Portage, IN. The center has several outlots available and is anchored by Goodrich Quality Theatres and a 16-screen IMAX theater. Cotenants include ColdStone Creamery. Area demographics include a population of 77,003 within five miles earning $53,414 as the average household income. The site has an average daily traffic count of 18,000 vehicles. Area retail includes Wal*Mart, Walgreens, Lowe’s Home Improvement, Super Kmart, Sears Hardware, Hobby Lobby, JoAnn Fabrics, CVS, Starbucks and Aldi Foods. Asking rent is $15 psf with taxes, insurance and CAM of $3.50 psf. 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; Web site: www.commercial-adv.com.
Realm Realty is preleasing The Woodlands Crossing Shopping Center, a 136,000 sq.ft. center located at the intersection of Woodlands Parkway and Kuykendahl Road in The Woodlands, TX. The center is situated on a land area of 22 acres. The center will be anchored by Walgreens and tenanted by Starbucks. Area demographics include a population of 100,674 within five miles earning $111,139 as the average household income. The site has an average daily traffic count of 46,804 vehicles. The company also is preleasing Almeda Crossing Shopping Center, a 205,000 sq.ft. center located at the intersection of Almeda-Genoa Road and Rowlett Street in Houston, TX. The site has an average daily traffic count of 229,660 vehicles. Opening is slated for February. The center will be anchored by Wal*Mart Supercenter, Circuit City and PetsMart. Cotenants include Washington Mutual, Payless and Sally Beauty. Area demographics include a population of 515,921 within five miles earning $51,468 as the average household income. For more information, contact Kathryn Fowler, Realm Realty, 900 Town & Country Lane, Suite 210, Houston, TX 77024; 713-465-0001, Fax 713-465-3856; Web site: www.realmrealty.com.
Denny Elwell Co. is preleasing Johnston Station, a 63,500 sq.ft. mixed-use center located at the intersection of Merle Hay Road and 55th Street in Johnston, IA. The center, which is situated on a land area of six acres, also includes a 0.89-acre outlot and has spaces available of 1,400 sq.ft. up to 63,500 sq.ft., as well as two endcaps with drive-thrus. Opening is slated for December. Area demographics include a population of 125,500 within five miles earning $64,800 as the average household income. The site has an average daily traffic count of 27,000 vehicles. Area retail includes Village Square and Johnston Center. Asking rent is $20 psf. For more information, contact Barb Hokel, Denny Elwell Co., PO Box 187, 2401 SE Tones Drive, Suite 17, Ankeny, IA 50021-0187; Email: bhokel@ccim.net; Web site: www.dennyelwellcompany.com.
Zaremba Group is preleasing Glennwood Commons, a 580,000 sq.ft. center located on U.S. Route 36 in Delaware, OH. The center will be situated on a land area of 91 acres. The company also is preleasing Northpointe Center, a 400,000 sq.ft. center located off Interstate 70 in Zanesville, OH. The initial phase of the development is anchored by Kohl’s, Home Depot and T.J. Maxx. Opening is slated for the fall. The company also is preleasing The Quentin Collection, a 180,000 sq.ft. retail development located on Rand Road in Kildeer, IL. For more information, contact Zaremba Group, 14600 Detroit Avenue, Cleveland, OH 44107; 216-221-6600; Web site: www.zarembagroup.com.
Jeffrey R. Anderson Real Estate is preleasing The Shoppes at Montage, a 300,000 sq.ft. center located off exit 182 of Interstate 81 on Davis Street in Scranton-Wilkes Barre, PA. Opening is slated for April 2006. Demographics include a trade-area population of 970,292 earning $53,692 as the average household income. For more information, contact Jeffrey R. Anderson Real Estate, 3805 Edwards Road, Suite 700, Cincinnati, OH 45209; 513-241-5800, Fax 513-241-2637; Web site: www.anderson-realestate.com.
Opus South Corp. is preleasing Gulf Coast Commons, a 338,000 sq.ft. center located at the intersection of Interstate 75, Alico Road and Three Oaks Parkway in Fort Myers, FL. The center is situated on a land area of 47 acres and has spaces available of 2,000 sq.ft. to 120,000 sq.ft., as well as outlots available of 5,000 sq.ft.; 6,000 sq.ft. and 12,000 sq.ft. Opening is slated for Summer 2007. The center will be anchored by a department store, discount store and a home improvement store. Area demographics include a population of 185,205 within 10 miles earning $69,817 as the average household income. Area retail includes JCPenney, Bass Pro Shops, Super Target and Circuit City. Asking rent is $25 psf. For more information, contact Lynn Dehlinger, Opus South Corp., 225 Mizner Boulevard, Suite 675, Boca Raton, FL 33432; 561-544-3700, Fax 561-544-3701; Email: lynn.dehlinger@opussouth.com; Web site: www.opuscorp.com.
Greco Associates, LLC is preleasing Shoppes on Dean, a 43,000 sq.ft. center located on East Palisade Avenue in Englewood, NJ. Opening is slated for Spring 2006. For more information, contact Stephanie Greco, Greco Associates, LLC, 39 Park Place, Englewood, NJ 07631; 201-567-0477, Fax 201-567-7770.
Bierbrier Development is developing Chase Square Randolph, a 31,100 sq.ft. center located at the intersection of Warren Street and Highland Avenue in Randolph, MA with an average daily traffic count of 36,000 vehicles. Opening is slated for Spring 2006. The center is situated on a land area of seven acres and has space available of 35,000 sq.ft., as well as an outlot of 5,000 sq.ft. Area demographics include a population of 53,273 within three miles earning $65,414 as the average household income. Area retail includes McDonald’s, Randolph Shopping Center and Shaw’s Supermarket. The company also is redeveloping Walgreen’s Plaza, a 33,700 sq.ft. center located at the junction of Route 125 and Route 110 in Haverhill, MA. The center is situated on a land area of 2.5 acres and has space available of 6,974 sq.ft., as well as an outlot of 3,500 sq.ft. Opening is slated for Fall 2006. Area demographics include a population of 43,755 within two miles earning $49,775 as the average household income. For more information, contact Leonard H. Bierbrier, Bierbrier Development, 430 Bedford Street, Suite 145, Lexington, MA 02420; 781-863-1800 Ext. 17, Fax 781-862-0613; Email: lbierbrier@bierbrierdevelopment.com; Web site: www.bierbrierdevelopment.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. |