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New Construction
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New Construction The Festival Cos. is preleasing El Centro Huntington Park, an 80-acre retail development project located at the intersection of Pacific Boulevard, Slauson Avenue and Alameda Street in Huntington Park, CA. The first phases of the retail development consists of over 600,000 sq.ft. The center will include national retailers, specialty retailers, prominent local retailers, sit-down restaurants and other amenities. For more information, contact Bryce Ross, The Festival Cos., 9841 Airport Boulevard, Suite 700, Los Angeles, CA 90045; 310-665-9600, Fax 310-665-9009; Web site: www.festivalcos.com.
Colliers Turley Martin Tucker is preleasing Tollgate Village, a 300,000 sq.ft. center located off U.S. Highway 31 Columbia Pike in Thompson’s Station, TN. The center will feature residential, retail and office space, including 700 dwelling units and single family homes. The site is located adjacent to a high school and is near the Interstate 840 interchange. The center will be situated on a land area of 360 acres. For more information, contact Peggy Sells or Greg Coleman, Colliers Turley Martin Tucker, 5250 Virginia Way, Suite 100, Brentwood, TN 37027; 615-301-2800, Fax 615-301-2958; Emails: psells@ctmt.com and gcoleman@ctmt.com .
The Evans Co. is developing The Village at University Park, a center located at the intersection of Cook Street and Gerald Ford in Palm Desert, CA. The mixed-use, open-air lifestyle project combines restaurants, retail, offices and a 120-room Hilton Homewood Suites on a land area of 23.5 acres. Phase I includes 45,000 sq.ft. of restaurants and retail stores, as well as eight buildings totaling 75,000 sq.ft. for garden office condominiums. Tenants will include Macario’s Mexican Restaurant, Postal Annex +, Bighorn Cleaners, Fancy Nails, Thai Smile, Bali Café, Bad Ass Coffee Company, PFF Bank & Trust and Iceberg Drive-Inn, a 50s-style diner. For more information, contact Fred Evans, The Evans Co., 74-000 Country Club Drive, H-2, Palm Desert, CA 92211; 760-773-9832; Email: fred@theevanscompany.com.
NAI Pyramid Brokerage Co. is preleasing The Shops at Hampton Ridge, a center located on West Ridge Road in Greece, NY. Phase I is now leasing, while Phase II is slated to open later this year. The center is anchored by Kohl’s. For more information, contact John Manilla, NAI Pyramid Brokerage Co., 255 Woodcliff Drive, Fairport, NY 14450; 585-248-9426, Fax 585-248-3981; Web site: www.pyramidbrokerage.com.
Woolbright Development, Inc. is developing Collection at Vanderbilt, a 253,000 sq.ft. center located at the northwest corner of Vanderbilt Beach Road and Airport Pulling Road in Naples, FL. The center will be situated on a land area of 30 acres. The development plan calls for two phases of construction of a Mediterranean revival-style retail community that will be anchored by a 19,700 sq.ft. Fresh Market. The first phase, which the company expects to complete in the third quarter of 2007, will be occupied by tenants later this year. The company is planning to complete the second phase next summer. Tenants will include Starbucks, Zazou, Salad Creations, Pauli Moto’s Asian Bistro and Strapazza Italian Restaurant, as well as additional boutiques and restaurants located near residential communities. For more information, contact Gloria Kramer, Woolbright Development, Inc., 3200 North Military Trail, Fourth Floor, Boca Raton, FL 33431; 561-989-2240; Email: gkramer@woolbright.net ; Web site: www.woolbright.net.
Ferguson Properties, Inc. is preleasing Whitehall Station, an 850,000 sq.ft. center located at the intersection of Interstate 35, U.S. 69, Flintlock Road and Liberty Drive in Liberty, MO. The center is situated on a land area of 72 acres. The site has an average daily traffic count of 135,000 vehicles. Area demographics include a population of 92,482 within five miles earning $77,104 as the average household income. For more information, contact Jay Ferguson, Jeff Sharp or Chris Vick, Ferguson Properties, Inc., 1 Victory Drive, Suite 200, Liberty, MO 64068; 816-781-2520, Fax 816-781-6316; Email fergprop@aol.com ; Web site: www.fergprop.com.
Acadia Realty Trust is preleasing Sherman Plaza, a 50,000 sq.ft. mixed-use development located at the intersection of Broadway and Sherman Avenue in New York, NY. The site is expected to have retail space on two levels. Area demographics include a population of 529,999 within two miles earning $40,762 as the average household income. For more information, contact Paul Monaco, Acadia Realty Trust, 1311 Mamaroneck Avenue, Suite 260, White Plains, NY 10605; 800-227-5570.
Edgewood Properties is preleasing a site located on Jersey Avenue in New Brunswick, NJ. The site will include three one story buildings of 15,900 sq.ft.; 16,800 sq.ft. and 20,010 sq.ft. For more information, contact Edgewood Properties, 1260 Stelton Road, Piscataway, NJ 08854; 732-985-1900, Fax 732-985-5588.
The Schultz Organization is preleasing The Gateway at Carteret, a mixed-use center located at the intersection of Lower Roosevelt Avenue and Terminal Avenue in Carteret, NJ. The project includes eight properties with 402 residential units and 43,400 sq.ft. of retail spaces. Opening is slated for the spring. Area demographics include a population of 93,385 within five miles earning $62,644 as the average household income. Asking rent is $23 psf NNN. For more information, contact Steven Winters or Ira Kerner, The Schultz Organization, 900 Route 9 North, Suite 301, Woodbridge, NJ 07095; 732-855-0001, Fax 732-855-0034; Emails: swinters@schultznet.com and ikerner@schultznet.com .
LMS Commercial Real Estate is preleasing a site located at the intersection of Route 222 and Broadcasting Road in Wyomissing, PA. The site has 10 pad sites available and is situated on a land area of 103 acres. Area demographics include a population of 170,213 within five miles earning $53,432 as the average household income. The center will be anchored by Wal*Mart Supercenter. For more information, contact LMS Commercial Real Estate, 120 North Pointe Boulevard, Suite 301, Lancaster, PA 17601; 717-569-9373, Fax 717-560-9909; Web site: www.lms-pma.com.
Ramco-Gershenson, Inc. is developing Shoppes of Fairlane Meadows, a 19,867 sq.ft. center located at the intersection of Ford Road and Mercury Drive in Dearborn, MI. Opening is slated for July. The site has an average daily traffic count of 61,000 vehicles. The center has five spaces available of 1,500 sq.ft., as well as spaces of 2,487 sq.ft.; 2,798 sq.ft.; 2,887 sq.ft. and 4,195 sq.ft. Area demographics include a population of 837,844 within seven miles earning $50,503 as the average household income. The site shadows a Target-anchored center. For more information, contact Billy Gershenson, Ramco-Gershenson, Inc., 31500 Northwestern Highway, Suite 300, Farmington Hills, MI 48334; 248-592-6418, Fax 248-592-6419; Email: wgershenson@rgpt.com ; Web site: www.rgpt.com. |