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New Construction
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New Construction Roadside Development, LLC is preleasing a 13,000 sq.ft. center located in Bel Air, MD. The site has space available for a bank or a quick-service restaurant with a drive-thru. Demographics include a population of 12,500 within one mile earning $75,000 as the average household income. Opening is slated for October 2006. Area retail includes Wal*Mart, Target, Lowe’s Home Improvement, BJ’s Wholesale Club, Walgreens, Wendy’s, Weis Markets, McDonald’s, KFC, Chick-fil-A and WaWa. For more information, contact William S. Saslaff, Roadside Development, LLC, PO Box 10479, Baltimore, MD 21209; 410-435-7000, Fax 410-435-7502.
Metro Homes, LLC is developing Liberty Harbor North, a 7.5 million sq.ft. mixed-use project combining residential, retail and office space at the intersection of Grand Street and Luis Marin Boulevard in Jersey City, NJ. Gulls Cove, part of the development, will consist of 450 upscale residential/condo units with 40,000 sq.ft. of street-level retail fronting the light rail space. The center has spaces available of 1,200 sq.ft. to 10,000 sq.ft. For more information, contact Metro Homes, LLC, 70 Adams Street, Hoboken, NJ 07030; 201-633-8100, Fax 201-633-8200; Email: info@metrohomesllc.com; Web site: www.metrohomesllc.com.
Legend Properties, Inc. is preleasing The Riverwalk at Penns Grove, a 195,500 sq.ft. mixed-use development located on Main Street at the Delaware River in Penns Grove, NJ. The center will be situated on a land area of 26 acres. The maritime-themed project will include a riverside promenade, a 40,000 sq.ft. entertainment, banquet and conference center, a 4,500 sq.ft. Italian restaurant, a 10,000 sq.ft. seafood restaurant, a 60-room hotel, approximately 40 retail shops, office space, a microbrewery and a food court. A 900-foot pier will be reconstructed to provide views of the Delaware Memorial Bridge and will lead to an island and floating breakwater that will be used for a variety of public events. For more information, contact Legend Properties, Inc., 20000 Horizon Way, Suite 280, Mount Laurel, NJ 08054; 856-231-1010, Fax 856-231-1111.
Commercial Retail Advisors, LLC is preleasing Placita De Oro, a 50,575 sq.ft. center located at the intersection of First Avenue and Tangerine Road in Oro Valley, AZ. The center will be anchored by Ace Wardware. Opening is slated for the second quarter of 2006. For more information, contact Linda Montani or Braden Koprivica, Commercial Retail Advisors, LLC, 4811 East Grant Road, Suite 262, Tucson, AZ 85712; 520-290-3200.
SEC Commercial Realty Group, Inc. is preleasing phase II of Woods Walk Plaza, a center located at the intersection of State Road 441 and Lake Worth Road in Lake Worth, FL. The center has spaces available of 1,050 sq.ft. and up. Area demographics include a population of 134,900 within five miles earning $78,000 as the average household income. For more information, contact SEC Commercial Realty Group, Inc., 7050 West Palmetto Park Road, Suite 51, Boca Raton, FL 33433-3464; 561-347-0888, Fax 561-347-1669.
Edgewood Properties is preleasing the following sites throughout NJ: Towne Place at Garden State Park, a 530,000 sq.ft. center, and Market Place at Garden State Park, a 230,000 sq.ft. center, located at the intersection of Route 70 and Haddonfield Road in Cherry Hill; Somerville Town Center, a 130,000 sq.ft. center located in Somerville; Jersey Avenue Plaza, a 105,000 sq.ft. center located in New Brunswick; a 500,000 sq.ft. site in Phillipsburg; and Parkway 70 Plaza, a 300,000 sq.ft. center located in Brick. For more information, contact Edgewood Properties, 1260 Stelton Road, Piscataway,, NJ; 732-985-1900, Fax 732-985-5588; Web site: www.edgewoodprop.com.
Finard & Co. is preleasing The Crossings at South Dennis, a 9,500 sq.ft. center located on Route 134 in South Dennis, MA. Opening is slated for the Fall. The center has spaces available of 2,625 sq.ft. and 5,500 sq.ft. and is tenanted by Subway. Area demographics include a population of 44,371 within five miles earning $58,613 as the average household income. For more information, contact Brian Callahan, Finard & Co., One Burlington Woods Drive, Burlington, MA 01803; 781-418-6226, Fax 781-229-2823; Email: bcallahan@finard.com; Web site: www.finard.com.
Garden Commercial Properties is developing Linpark Square, a 277,577 sq.ft. center located at the intersection of U.S. Route 1 & 9 and Park Avenue in Linden, NJ. The center will be anchored by Sam’s Club. Area demographics include a population of 1,012,096 within seven miles earning $69,056 as the average household income. The company also is developing Flemington Shopping Plaza, a 153,000 sq.ft. center located on the Flemington Circle in Flemington, NJ. For more information, contact Garden Commercial Properties, 820 Morris Turnpike, Short Hills, NJ 07078; 973-467-5000 Ext. 200; Web site: www.gardencommercial.com.
Petrie Ventures, Inc. redeveloped the Centre at Golden Ring located at the intersection of Route 40 and Route 7 in Rosedale, MD. Phase I includes Sam’s Club, Wal*Mart and Home Depot. Phase II consists of 110,000 sq.ft. and has one space available. Cotenants include Salsarita’s, Benningan’s Grill & Tavern, DQ Grill ‘N Chill, GameStop, Petco, Factory Card and Party Outlet, Grand Buffet, Dollar Buys, FootLocker, Jackson Hewitt, Jerry’s Sub & Pizza, Mattress Warehouse, Office Depot, Old Country Buffet, PrePlayed, Sally Beauty, Sprint and Ultimate Spa. Area demographics include a population of 310,289 within five miles earning $46,827 as the average household income. The site has an average daily traffic count of 104,375 vehicles. The company also is developing Largo Commons, a center located at the intersection of Route 202 and Route 214 in Largo, MD. The 10-acre site is approximately three quarters of a mile from a new Metro Station. The development will include a Wachovia Bank, Rite Aid Pharmacy, Brian Mitchell’s Crab Café and Hilton Hotel. Area demographics include a population of 212,870 within five miles earning $80,080 as the average household income. The company also is developing Centre at Culpepper located in Culpepper, VA. Phase I of the project includes a 110,000 sq.ft. Lowe’s Home Improvement, while Phase II can accommodate 55,000 sq.ft. of retail anchors and shops with one additional pad still available. Cotenants will include Chili’s. The company also is developing Centre at Edgewater located in Edgewater, MD. The redevelopment of the existing 42,000 sq.ft. Safeway store is located at the intersection of Route 2 and Mayo Road. Opening is slated for Fall/Winter 2006. For more information, contact Petrie Ventures, Inc., 170 Jennifer Road, Suite 300, Annapolis, MD 21401; 410-573-3800, Fax 410-573-3801; Web site: www.petrieventures.com.
George D. Zamias is developing Morristown Commons, a 556,000 sq.ft. center located at the intersection of Davy Crockett Parkway and Morris Boulevard in Morristown, TN. The site has an average daily traffic count of 23,220 vehicles. The center is situated on a land area of 88 acres. Opening is slated for 2007. Area demographics include a population of 38,227 within five miles earning $44,644 as the average household income. Area retail includes College Square Mall and Wal*Mart Supercenter. The company also is developing Nashville Commons at Skyline, a 719,000 sq.ft. center located at the intersection of Briley Parkway and Dickerson Pike in Nashville, TN. The site has an average daily traffic count of 44,520 vehicles. The center is situated on a land area of 88.5 acres. Opening is slated for 2007. Area demographics include a population of 120,965 within five miles earning $46,644 as the average household income. For more information, contact John Young, George D. Zamias, 300 Market Street, Johnstown, PA 15901; 814-536-6108, Fax 814-536-5969; Email: jyoung@zamias.net; Web site: www.zamias.com.
The Shopping Center Group is preleasing Little River Pavilion, a center located at the intersection of Highway 17 and Highway 179 in Little River, SC. The center is situated on a land area of 35 acres and is anchored by Lowes Foods. Opening is slated for the first quarter of 2006. Area demographics include a population of 20,898 within five miles earning $52,694 as the average household income. The site has an average daily traffic count of 43,200 vehicles. For more information, contact The Shopping Center Group, 3801 Barrett Drive, Suite 101, Raleigh, NC 27609; 919-380-8041, Fax 919-380-8942.
Hopkins Real Estate Group is developing a center located at the intersection of Limonite Avenue and Interstate 15 Freeway in Riverside, CA. Opening is slated for the fall. The center will have anchor space available of 10,000 sq.ft. to 200,000 sq.ft. and is being preleased by CB Richard Ellis, Inc. For more information, contact Sharon Courtway, Hopkins Real Estate Group, 17461 Derian Avenue, Suite 106, Irvine, CA 92614; 949-270-2400, Fax 949-644-8631; Email: scourtway@hopkinsgroup.com and bhopkins@hopkinsgroup.com. Or contact, Brian McDonald, CB Richard Ellis, Inc., 4141 Inland Empire Boulevard, Suite 100, Ontario, CA 91764; 909-418-2000, Fax 909-418-210.
General Growth Properties is developing The Shops at Circle T Ranch, a one million sq.ft. center located at the intersection of Texas Highways 114 and 170 in Westlake, TX. A walkway will connect the enclosed shopping area to Lake Turner with a pedestrian promenade. A separate complex will house six destination restaurants, while entertainment options include a state-of-the-art theater with stadium seating. Area demographics include a population within five miles earning $125,423 as the average household income. The company also is developing Pinnacle Hills Promenade, a center located at the intersection of Interstate 540 and Perry Road in Rogers, AR. The center will be anchored by Dillard’s, JCPenney and a 12-screen cineplex, along with popular theme restaurants. Additionally, 85,000 sq.ft. of office space will increase foot traffic through the shopping and dining options. Area demographics include a population within three miles earning $69,500 as the average household income. For more information, contact General Growth Properties, 110 North Wacker Drive, Chicago, IL 60606; 312-960-5000; Web site: www.generalgrowth.com.
Simon Property Group, Inc. is developing West Houston, a 1.1 million sq.ft. center located in West Houston, TX. The two-level, enclosed mall features a mix of traditional and fashion department stores, big box tenants, specialty retailers and restaurants and is anchored by Dillard’s and Foley’s. Opening is slated for Spring 2008. The company also is developing The Domain, a 57-acre, mixed-use, master-planned community in Austin, TX that will feature 75,000 sq.ft. of office space and 400 apartments. Anchors include Neiman Marcus and Foley’s. Opening is slated for March 2007. The company also is developing South Point Town Center, a 1.2 million sq.ft. center located in Henry County/McDonough, GA. The center is anchored by Dillard’s, JCPenney, Kohl’s, OfficeMax, Linens ‘N Things, Cost Plus World Market, Old Navy, Babies “R” Us. Opening is slated for Spring 2007. The company also is developing The Village at Southpark, a 60,000 sq.ft. center located in Charlotte, NC. Opening is slated for Spring 2007. For more information, contact Simon Property Group, Inc., 115 West Washington Street, Indianapolis, IN 46204; 317-636-1600.
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.
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.
Nassimi Realty Corp. is preleasing East Cedarbrook Plaza, a center located on Cheltenham Avenue in Wyncote, PA. The center is located just to the east of the 600,000 sq.ft. Cedarbrook Plaza, which is anchored by Wal*Mart, Pathmark and Toys “R” Us and is cotenanted by Modell’s Sporting Goods, A.J. Wright, Hollywood Video, Dots and Bally’s Total Fitness. Phase I of the East Cedarbrook expansion consists of 3.5 acres and includes two large pad sites totaling 18,000 sq.ft. of retail space. Phase II and III of the expansion will add an additional 40,000 sq.ft. to 50,000 sq.ft. For more information, contact Nassimi Realty Corp., 7 Penn Plaza, Suite 1700, New York, NY 10001; 212-643-8080, Fax 212-643-2626.
Unicorp National Developments, Inc. is developing Aqua, a 20-acre site on International Drive in Orlando, FL that will be redeveloped with a hotel and 100,000 sq.ft. of retail space. The site includes restaurant and retail opportunities fronting a two-acre lake featuring dancing fountains and a music light show. The company also is developing Uptown Altamonte, a 1.5 million sq.ft. mixed-use center situated on a land area of 25 acres at the intersection of Interstate 4 and State Road 436 in Altamonte Springs, FL. The site has an average daily traffic count of 280,000 vehicles. Opening is slated for Fall 2007. For more information, contact Amy Young, Unicorp National Developments, Inc., 7505 West Sand Lake Road, Orlando, FL 32819; 407-999-9985, Fax 407-999-9961; Email: ayoung@unicorpdevelopment.com.
New Markets, LLC is preleasing Edmond Town Center, a 186,000 sq.ft. center located at the intersection of Owens and H Streets in Las Vegas, NV. Opening is slated for the Fall. Area demographics include a population of 175,000 within three miles. 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.
Sterling Centercorp Realty and Management, Inc. is preleasing Donald Ross Village, a 196,496 sq.ft. center located at the intersection of Central Boulevard and Military Trail in Palm Beach Gardens, FL. The center will be located directly across from Abacoa, a 2,055-acre master-planned community with an expected population of approximately 16,000 residents. The center also will include 9,000 sq.ft. of business space, a 93-room hotel and 156 multi-family residential units situated on a land area of 45 acres. For more information, contact Sterling Centercorp Realty and Management, Inc., One North Clematis Street, Suite 305, West Palm Beach, FL 33401; 561-835-1810, Fax 561-833-4118.
Sandor Development Co. is developing Wal*Mart Plaza, a 61,466 sq.ft. center located at the intersection of Cleveland Avenue and Pine Island Road in North Fort Myers, FL. Opening is slated for Summer 2006. Area demographics include a population of 103,200 within five miles earning $44,871 as the average household income. For more information, contact David Long, Sandor Development Co., 720 East Camelback Road, Suite 315, Scottsdale, AZ 85251; 480-949-9011, Fax 480-949-9020; Email: dlong@sandordev.com; Web site: www.sandordev.com.
Stafford Properties, Inc. is planning to develop a mixed-use center located adjacent to Haywood Mall in Greenville, SC. The center has anchor, small shop space and outparcels available. Area demographics include a population of 240,461 within seven miles earning $68,490 as the average household income. The company also is planning to develop a center situated on a land area of 34 acres in Bluffton, SC. The site is located on Highway 278 with an average daily traffic count of 48,000 vehicles. Area retail includes Target, Home Depot, Pier 1 Imports, Lowe’s Home Improvement, Ross Dress For Less and Linens ‘N Things. The center has anchor, small shop space and outparcels available. The company also is preleasing a 16,000 sq.ft. center located in Lithonia, GA. Stonecrest Promenade will be situated on an outparcel site in front of a new Target store with retailers including Stonecrest Mall, Marshall’s, Pier 1 Imports and Ross Dress For Less. For more information, contact Kevin Donegan, Stafford Properties, Inc., 80 West Wieuca Road, Suite 302, Atlanta, GA 30342; 404-256-9100, Fax 404-256-6358; Email: kevindonegan@staffordprop.com; Web site: www.staffordprop.com.
AG Armstrong Development is developing Birmingham Village, a 46,000 sq.ft. center located at the intersection of Birmingham Road and Birmingham Highway in Alpharetta, GA. Opening is slated for the fourth quarter of this year. The site also includes a 21,879 sq.ft. section that will be tenanted by Wachovia Bank and Port City Java and an 82,895 sq.ft. section anchored by Publix and tenanted by Fashion Cleaners, UPS and Dental Health Associates. For more information, contact Michelle Jackson or Staci Graham, AG Armstrong Development, 300 Colonial Center Parkway, Suite 100, Roswell, GA 30076; 678-353-3275, Fax 678-353-3211; Web site: www.agarmstrong.com.
Levin Management Corp. is preleasing Market Hall, a building located at the Princeton Forrestal Village in Plainsboro, NJ. The company is converting the hall to include CAN DO fitness center and Koi Spa. The tenants are slated to open during Spring 2006. Area demographics include a population of 102,012 within five miles earning $146,230 as the average household income. For more information, contact Stan Bernstein or Ethan Goldsmith, Levin Management Corp., 800-488-0768 Ext. 296/283.
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.
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